Bitcoin Forum

Grin is a new coin and I have heard a lot about it. Bitcointalk forum admin has started to accept grin as a payment method. Is it worthy to invest in grin now? The current price is $4.50 or something like that. What do you think? Will it increase or decrease more?

I think Grin have a huge chance to succeed, the distribution is fair as compared to projects like Zcash that comes with alot of criticism and since it is not been listed on many exchanges I expect the price to grow. I see this having higher Marketcap than ZCash and Dash in coming months. For me adding like 5% of its to your portfolio worth the risk

For now, Grin seems overpriced.
You should have a look at this thread and make your own opinion though :

https://bitcointalk.org/index.php?topic=5102334

no one knows where this coin is going. just invest when you feel the time is right. invest when it hits the bottom. its leveling around 3.85 . so take your pick. theres also a chance it will hit 50$ if you are a long term holder. company is doing good things imo. if i had more money i would invest. but my bitcoin got hacked so i need to buy in again.

Looks like Grin will be good investment, I see what is posted on the thread the price always increase. But I did not see it in the coinmarketcap.

It's not a good investment if no one actually use it, or only use it for solely for hodl. Grin has its potential, but seems overpriced at the moment. It doesn't have a proper wallet and windows wallet. Meanwhile, BEAM has better UI, structure, and economics.

But the fact that GRIN is so difficult to mine --only with 6GB+ cards-- make the coin isn't "evenly" distributed. Thus make it, very scarce and easy to manipulate.

I think it would be wise move to buy 1 000 grin and hold it for some time, but current price (7 $) is high and overhyped for coin with unlimited supply.
1-2 $ is perfect enter point, as for me.

But who knows, how much this coin will be cost in the near future - looks like Grin definitely will be listed on all major exchanges and price can skyrocket easily.

I think the Grin is one of the most promising coins this year. It is like AION, HAT, and ETC. Also accepted on the forum as payment for copper membership. And for me on my opinion that was so potential alts and profitable.

If you had invested at the moment when you asked, you already have profited 170%. I was surprised to see the price. Yesterday, it was $4 and now it is $12. I still hope that it will go further high before the bearish signal.

Guys, luckily yesterday I had bought 30 grin as a test @$5.10 and just now sold those. It was a good investment for me although I was not able to sell at $12+ and now I am thinking of buying some more once it goes below $8. Buyinh beyond $8 will be a risky investment.

most probably not.

of course if you are a trader then it is a different situation. right now there is a lot of hype and because of it a lot of ups and downs. a trader can ride these fluctuations to make good amount of profit but it requires high speed trading and a lot of risk taking.
other than that, when a coin is new in the market and is showing a huge volatility then it is not such a good idea to get on board of it that fast.

Nobody can say if it will increase or not.

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There's already the market and community that supports it and it's this forum where the admin itself, theymos stated that. You must decide on your own and think appropriately if you want to buy it. And want to know mine? I'm gonna buy.  :D

Since Grin has infinite supply, it is more designed to be a coin than an investment.
I like it, but I will not invest in it. I expect it to have somewhat the fate of Dogecoin from the price point of view, meaning that sooner or later it will fall, and fall...

That's what theymos also said but initially, at least for now to some more couple of months, grin is still a good investment. Although I am not going invest in it anymore if it doesn't go lower to my range. I already have made some bucks from it. I was lucky to get into earlier and already sold for almost 2.5x return within a day.

It is very difficult to predict whether this coin will be able to increase in the future. And in General, personally I am now very concerned about new projects, unfortunately we do not know what to expect from the already well-known projects, so personally I will refrain from new in this market.

Grin and beam, both coins based on the new Mimblewimble privacy protocol, are hot currently. Prices could go lot higher since supply is currently very low.

Honestly I really love the concept, use cases and the teams of Grin coin so I can say that it's a good to invest in it. Disregard otjers who say grin was overpriced, Grin worth its current price.

Currently, Grin market movement is increasing in spite of this bearish market which is still in effect but still it is not a guarantee that it will maintain the direction towards prosperity like i have observed the performance of Tron and Ripple which are become quiet for now after the series of pump. If you are still in doubt of your investments then better invest only you can afford to lose until the bullish market will start as i see Grin commodity is feasible to the masses too.

Grin has anonymous developer and ICO , that make it somewhat similar to BTC but on other side I read it is more difficult to transact (means less transaction and less demand) and infinite supply ( means coin will be minted with each block) so it might be short term gain or good gain in a year , due to hype or exchange listing but I am not hopeful in long term.

I did not understanding about fundamental analysis of this coin, but i know this coin listed and tradeable in gate.io and this exchange is very good because they has feature of trigger price that we can use it for stop loss, so if we are interesting to buy Grin just remember to use stop loss for risk management.

GRIN heading up :-D weeee

===>

https://www.poloniex.com/exchange#btc_grin

Once Litecoin implements MimbleWimble there's probably not going to be any value in a small-cap with infinite inflation having no distinctive qualities. Amazing tech, zero value. That's my personal opinion.

The problem with Grin is the built in Inflation, which defeats the entire purpose of a decentralized crypto currency, and turns a project into

an instant joke. Already there has been a fork to remove this fatal flaw in this project, this Crypto (and anything with money like properties)

can only become viable once it eliminates its inflationary problems...

Grin occupy the decent marketcap in short period so we should not blame the problem of this project. Some peoples are like to participate in this project But long term and short term investment are little risky. So I am not recommend with anyone.

26th January when you posted this price of Grin was $10 now is $2,5. Did this answered your question well?

I think it's a worthy project for sure and from the looks of it a lot of people are invested.

When you say worthy I saw it as if you were talking about something spiritual because it's only in the church I here pastors say lord we are not worthy to call your name, lol.

I don't think anyone need to be worthy to invest in any coin but I might be wrong though, I heard about grin not quite long and ever since then I have been doing a research to actually see if the coin is a good one to invest or we are just seeing a hype in the coin, and I think it's a good buy though for a long term investment.

There is no harm in investing for Grin. The prices are high but one should expect that it might go down. For now, as long as the prices are good, go for it.

I have some friend who say that mine Grin, but now not value so much as first time when reach exchange and he think if will grow or no, but maybe the price will grow over time once bitcoin price also grow.

Grin is a very fairly launched coin (no premine/no dev fee) with a nice and interesting protocol behind it (MimbleWimble), but honestly, I don't see it as a good investment (at least not for now). Don't forget the emission scheme (1 Grin per second, forever), which means high inflation for the first years, so, I don't think its current price will sustain for much long. That emission scheme itself was made to not benefit early miners (and holders) at all, but to encourage the usage as a currency.

Grin The private and lightweight, mimblewimble blockchain
this coin is a good cryptocurrencies and for now i think the price of grin is undervalued
maybe at this moment could be the right time to buy this coin,
because i'm sure when the bull coming the price could growing hard even touch more than $10

yes grin had huge successful percentage rate in my opinion and the price will definitely increased when people will made it trust about it and the future will be definitely playing the good role for grin in this field

if the price is 4.5 dollars, then this is a pretty good price for a coin.  If she has washing prospects, Who will be enough for an investor today to get a good profit from this project.

That is what was interesting my person the most in the Grin project and I see more and more people are aware of not good coin economy.

I think that soon we will have to forget about the idea of ​​decentralized cryptocurrency.  In any case, by me, I am projects and trading platforms are changing the concept of the idea of ​​cryptocurrency.

Its price managed to fall up to 2 dollars, but what is curious, Grin market capitalization is growing!
It means that people are going to invest in this project, and they support it. People like the idea of Grin team - to create the cryptocurrency that can be used anywhere - it never matters where you live. Grin is not controlled, and it attracts many supporters. maybe in the future, this alt will go to the Moon.

Judging on it's price history - https://coinmarketcap.com/currencies/grin/, I can tell that you are in the right timing to buy this coin.
I know you believe on this coin, you are just asking about the timing, so that's my opinion based on it's price history only.
I don't own this coin in my portfolio as I like old coins and I don't have extra funds now to buy new coins.

I'm not sure I'll will invest in it anytime soon, I won't advice anyone to either the coin is currently living on a huge hype and people are paying more than what I think the coin should be valued at. Maybe, just maybe if the price reduces better I'll invest in it.

If you wanna buy Grin and trust this coin I think you have to make a move to buy it now. Because, from what we can see in the coinmarketcap the price is lower and you will earn profit if the price is increasing like the price in january 2019.

If you have good interest with this project and you believe that there's growth that will happened after sometime, you'll be able to compensate
and earned with holding this coin, always invest with project you really believing and don't just put your money without any knowledge.

i am expecting exchanges like binance to list Grin soon eventually some day
and as such there is much potential to grow https://www.coingecko.com/en/coins/grin
after all the MW is not tap its potential yet

Grin have a chance to increase higher, and it will pass $4.50, but it will need time to reach higher. I think Grin is worthy of investing while the price is not too higher to buy. But as usual, you need to analyze before you buy grin, so you don't buy at the high price because so far, grin still up and down following the bitcoin price.

Interesting, and how much lower did it needs to go for a reasonable price ?

Interesting coin with potential. Curious if the price can keep its uptrend from the last past days.

Like you said, now is one of the chance to buy or invest in Grin but to be honest with you guys, in the future when Bitcoin and others are mainstream of payment there's possibility that Grin coin won't have what it take to survive in the crypto market due to it anonymity gravity cause the governments might be against it.

I know about this kind only when bitcointalk accept this form of payment but admin clearly mentioned that it is not promoting that coin so you can't invest based on bitcointalk reputation.I didn't make any investment on the coin but many people suggest that it can be a good coin for future due to its light weight.

$3,00 USD (26,93%)
0,00038052 BTC (28,42%)

Nice!  ;)

This coin was totally unpredictable for me. I never thought Grin coin can go that high! Now, I think Grin coin is enough worthy for investment. This coin already listed many big exchanges and daily trading volume also very good.

I think you are wrong about that, grin was loosing a lot of value from its ATH but this one is not the worst compared with another coin like zclassic which has been losing 100% value from ATH.
Grin is a good choice for long term investment but keep in your mind if big volume and a lot of exchange sites don't give you guarantee if that project will be everlasting. at least this mimble wimble coin was doing something better than the competitor

I am in crypto market just looking for the coins that can bring high profits in the short term. I do not invest in technology because currently very few people can understand blockchain technology.
My comment on grin is that it has gone through its peak. Its price has been as high as $ 14 and now its value has fallen dramatically.
Although it is a great alts, it takes a long time from 6 months to 1 year to revive the price of the coin.
With such a professional team, the price of grin will definitely increase but not much. It may rise to $ 4 by the end of the year.

Yeah, grin still increases but if bitcoin price is rising, grin will down too.
I still buying grin so far because I think grin can be one of the potential coins that can increase.
Grin is a new coin and needs time before it can rise higher, and with the price now, I think grin doesn't need to take a long time to increase.
Soon, grin will have a chance to compete with the other coins.

This might be quite old but if you OP did put up to buy lots of it when its $4 then you do make money when it did pumped up to $14 on january 28.
If you did miss it up and still holding then the break even part was still on June and hitting up some few dollar profit on month of June to July when it
did reach $6.For now its price is on the floor of $3.I can say that this is already a good spot.

There's no problem with grin as long as their platform will benefit the entire community, that's worthy to invest with. Very important to consider is their project roadmap to where it could hit in the future, so give it your try on this and we will see what future may bring on Grin.

The only projects that I see will be everlasting is still bitcoin, and maybe one or two altcoins. In some years to come, there might be lots of coins that we may not see in the market again because the more we enter more months, the more new projects are being created, and as these projects are being created, it causes lots of divided mind of investors, thereby limiting the number of investors that some project will get to keep building their own project, and so more attention will be on those very top coin which bitcoin will be number one priority.

I don’t know about this coin called grin, and I would not know about its potential until I read about them, so it is better for anyone to do research first and see if the project can really be made long-term or short term investment.

There was too much hype around Grin, and the coin, being very popular for some time, then fell a lot. However, the project is not bad at all, and we can expect the new wave of Grin's popularity. It can touch 5-6 dollars this year already, which could be the perfect move in 2019. Besides, Grin market cap is great, and it takes place among the top-50 tokens.

I agree with this. There was hype when Grin was introduced to this forum. Yet, it also experienced a decline of price and now, it is gaining its momentum again. Its charts are saying something positive for this coin. And considering that it is in the top 100 of altcoins, I believe there's still something in store for this project.

https://i.postimg.cc/sxyq2xt2/Screen-Shot-2019-08-03-at-5-05-07-AM.png (https://postimages.org/)

Actually, I did not mention the GRIN Coin's ATH price, I expressed my feeling about Grin coin that I did not expect GRIN coin can go that high, I thought it is just a random coin. But you are right that GRIN is doing better than its competitor coins. After GRIN, I would pick the SERO coin.

grin longterm would be a bad mistake. the Emission is very high. the Price is going only one way longterm, down
ill take a look at sero now but i would say beam is the best MW Investment.

dedicated Team, lots of work beeing done, very modern Approach, up to date tech and very likely to succeed.

Whatever technology this coin has and whatever good team promotes the GREEN, this coin has very high inflation. This is actually the main negative factor. The price will fall on the long term of holding the coin.

Yes, you're right, inflation is high enough to not give the price rise. Therefore, Bitcoin is the best investment in the cryptocurrency market.

I also believed that GRIN would be another banger that would get into top 10 altcoins, but predictions may vary from reality. Right now GRIN is around 2 bucks and I do not see any point in investing right now, because the market situation is still very unclear.

thats what i thought  . grin has the potential to climb the ranks due to the fact that grin coin has a lot of publicity  . the forum , theymos the founder , and other big personalities are promoting this coin  but lets wait till the coin gets more mature because for sure the coin still start hyping again  .


if you can invest on other coins that has an unclear market , why cant you do the same on this coin ? all cryptos will work like that  . 2 bucks is small and adordable to buy ,  but will you still wait for its value to become more expensive before you finally decide to invest .

Recently, Grin has appeared in many places. Advertising on Twitter is very important for the spread of the project. I could do some research and get a Grin. Meanwhile, the Bitcoin fiayt began to rise again.

Yes the market does not make much sense to invest however. The fact that prices have fallen so much arouses the attraction in the purchase. Maybe you should invest a little courage. Everything is on the market.

you dont need to make a research about Grin status because you can check it here

https://bitcointalk.org/index.php?topic=5102334.0

that's the thread dedicated for GRIN speculation and i know that this has a big potential .

that's what we must do.limit our investing to the amount we can afford to lose,and i don't know because this advise has been all over the forum yet there are still plenty people that investing even their savings and when failed they will blame others or even forum lol

And half year latter $1,32. I guess price decrease is slowly slowing down. 1 Grin is now 16k sat.  I believe when sub 10k it might be worth to start looking into Grin. Still a risky and very long term investment. But the developers team is working well.

It still has a relatively low market cap though. Personally, I'm waiting for the price to come down below $1 and I'll pick some up. I mined a few back when it first came out, but I haven't invested anything in it. It all depends on what they end up doing with the project. Right now, it's remarkably average in my opinion. They're not really doing anything to get any attention since it first came out. There is a lot of room to grow in the marketcap, but they're going to have to do something to draw some attention.

grin is a privacy coin and a very good altcoin to invest into.
by the way, the grin price falls down to $1+ as we speak right now.
so if you are interested in making an investment in grin now is the right time to do so.

They are developing a coin not draw an attention. And they do it right way and successfully. That is all that matters long term. Drawing attention matters little.

I think good grin coins are played in the short term or for daily trading, large daily turnover and high price increases / decreases that make me doubt it for the long term, so I suggest you buy grin for daily trading, but the choice is still there in your hands.

when I look at the specifications of the grin I think this can be a very good opportunity to be able to get benefits when you apply long term investment because the influence of the total supply is very limited then it is certain that this grin in the future will be very expensive if it has good development.

In crypto platform number of altcoins are available in the market, But few only make success in long term relationship so we never predict it will suitable for long term. Because already market will hard to predict the future development so better we can concentrate top 20 it make good profit for long term.

Up or down depends on the market. Our market is very bad and Grin prices may continue to fall. We don't know for sure what will happen, but Grin has a good community and many genuine investors. Hope they will not be affected too much by the bear market.

In addition, there is a large production of Green. This coin has huge inflation. I will never buy such coins. It is better to invest in the TOP 5 cryptocurrency market coins, it is reliable enough and will bring good profit.

its interesting to see the price when the OP asked and since
he said it was 4.50$ back then, and it looks like GRIN hit an ATH of about 10$ end of June
So he would have done well, doubled his money+,  in less than 6 months
Not bad!

I followed grin coin for more than 6 months, but unfortunately the price is falling now ,. . even so I still put my hopes in GRIN because GRIN does have a code technique that is different from other coins,
but if looking for cheap coins, I prefer ZCR and BITG, because the price has fallen so deeply, this is a good opportunity to buy,

I think grin can be a good investment place because the price is still cheap and has a good development concept and I hope that the grin can increase demand so that it can make the price rise and to be safer better investment with a small amount means that trading capital can be used for other coins .

I don't think right now GRIN is worthy so that i don't recommend. I have more doubt GRIN trading volume in Hotbit and MXC (first time i heard about these exchange) exchanges. Today volume almost 18 millions dollar in single day how it possible. I think it’s really manipulation. Most provably GRIN will drop below 1$ because in the last three months it’s turned 4$ into 1$+ and still it’s go continuously fall down. Now you can wait a bit dump than do invest for long term.    

With the price is just $1, I think that coin is not too high to buy.
Grin is one of the new coins that can be one of the potential coins in the future.
Maybe if we interest with the coin, we can prepare some money to buy and who knows, this coin can back to the high price before.
But there is no right time to know when this coin can be back to the higher price because that will depends on the market itself.
Maybe the OP needs to find another coin to buy if he doesn't know many things about the coin so he can allocate his fund to buy the potential coin.
Buying the new coin will need extra time to research at the market so that can give us profit in the future so we could only be careful to select the right coin.
Beside that, we don't know how the coin will survive for a long time.

I know that the Grin coin is promoted by a team of strong developers from all over the world. The project is decentralized, and this is important for the community. Also, the PR of the coin is very strong, I think that Grin is still waiting for success and investors should study this project. In my opinion, a project like this should occupy some part of the investment portfolio.

Hmm, I would not be so optimistic...Grin was a subject of some kind dump and pump this summer, this guy says describes the situation.
This coin is a tool for mining and it is really difficult to predict what moods will prevail this winter. Unlike other unstable coins, GRIN has a good community support where you can always be the first to know about important events (e.g hardfork 2019 details) . So it may be a factor of choosing among today`s altcoin market.

You've seen the potential of Grin already and you're having doubts whether it will still moon further due to the present market conditions. Invest now to avoid missing the chance to cos in the near future it will be go beyond your reach. It's more preferable to invest in already trading project than new project

In general, the Grin is an interesting project, which in the long term will certainly find its application as an innovative payment solution. Despite having a direct competitor - Beam, which is also an implementation of the MimbleWimble protocol, Grin has every chance of becoming the leader of a new generation of anonymous cryptocurrencies. As for the prospects for investing in GRIN, for now, this is just a profit coin for miners.

Here in my place, we are group of 10 people who are into cryptocurrency trading, and I just asked about the remaining 9 people and none of them really knows or has even heard of these project which I am all inclusive, of all my entire activity in cryptocurrency market, I think this is the first time that I am going to be hearing about this project and from what I can grab from you here, which I will also try and make my own findings.

I think that this project will truly be one that came for the real blockchain technology and not just the money alone for them to have established a decentralized coin. Most project that we have been seeing now are building on centralized system which is even defeating the purpose of cryptocurrency and it is when we have more of decentralized projects that we can really get the attention of the world more to use cryptocurrency.

I am delaying my investment plans about grin as some times back I got to read an article which was talking about Monereo is facing problems and possible ban due to its support for stealth/untraceable transaction features. Grin is also dealing with same feature hence delaying may provide me enough time to double-confirm things.

expectations that are awaited by investors in investing because now many projects end in fraud and if indeed what you submit is true of course it's a breath of fresh air in investing in crypto currencies and the greater investor interest in investing in the development of crypto currencies will also be increasingly rapidly

I don’t like this coin and I can’t understand why we need anonymous coins, even in such quantity. I choose only the TOP-20 cryptocurrency market coins. If anonymity - then only Monero.

Grin doesn't perform well this year and the price almost went deep down from where it was from the beginning of this year.SO it was just hyped more when Bitcointalk accepted it as form of payment.But it does have decent trading volume so there is hope of recovery in the next bitcoin bull run so this could be chance to get some cheaper.

Still around?
Wen Moon?
 :D JK Love Grin, wish price was more up, maybe if Grin print less Grin ::)!

I am presently extremely worried about new tasks, tragically we don't have the foggiest idea what's in store from the generally notable ventures, so by and by I will forgo new in this market. I think Grin is deserving of contributing while the cost isn't too higher to even consider buying. Yet, obviously, you need to investigate before you purchase smile, so you don't accepting at the exorbitant cost.

why is binance not adding trading for Grin?

Grin was not created to be as a speculative investment and getting rich quick similar to some of the other cryptocoins. Everyone should read its monetary policy before buying because you might lose value by speculating on this like it was bitcoin.



As an experimental hypothesis, Grin's inflation rate may discourage hoarding early on, improving its distribution. Inflation disincentivizes "whales," who have an inordinate amount of control over the price of an asset, and should act to downplay speculative bubbles and price swings. Early adopters get just as much out of grin as those who adopt later. This argument is discussed at length in Bitcoins are not digital greenbacks, in which Wei Dai himself considers "Bitcoin to have failed with regard to its monetary policy". Grin is aiming for as equal access and utility as possible for all users, now and in the future.

Constant emission could provide enhanced supply/demand certainty for all types of users, and allow transparent and natural pricing. Note: Bitcoin becoming widely usable as a method of exchange versus a strict store of value depends on the concept of "Keynesian beauty contests." The experiment is ongoing.

Grin is focused on privacy, scalability and fairness. If groups or individuals "get rich quick," they will have power to influence the entire grin economy more than others. Grin is not for creating technocrats, but for providing private digital cash to as many people as possible. Hoarding is a huge centralization pressure, and grin emission policy hopes to mitigate this.

The idea is to use grin like you use your bicycle, to get you around and make you more efficient, not to store in your garage hoping its value goes up.

Source https://github.com/mimblewimble/docs/wiki/Monetary-Policy

Hard to peg value to something without scarcity :( Mimblewimble is very clever though, that is what I like about Grin.

Why not try to compare this actual usage or relevance? I do see that this GRIN is much better compared to those high valued but do lack out of real usage compared to this one.

I do see for this to be an undervalued project.It might not really be taking too much attention even up to this years but lets see on how long they would be existing around.

@Jennifer Lee. The Grin development team has placed importance on issuance, distribution and price stability first before getting rich quick. They want Grin to be different and more useful as a currency and a medium of exchange. Read the monetary policy.

i remember this coin back in 2018 i guess when even the Forum administrator supported this one

https://coinmarketcap.com/currencies/grin/

but after years why does this currency keeps on falling ? after reaching a 10$ value 2 years ago , I almost invested 30% of my funds on this but lucky that i changed my Mind because after couple of months Nothing good happens.

if this will be happening and may be supported again? then maybe I'll find new views in this regard.

I noticed that this coin has lost its value quite high compared to the time you mentioned it. Grin's price is currently $ 0.355. The Altcoins can hold their price or not, the trend is up both depending on Bitcoin and GRIN is too.

I think the fact that quite a lot of big Bitcoin users and supporters also threw their weight behind Grin was quite an indication of just what kind of project it was going to be. Maybe not everyone was on board, and we do have to admit that the perceived monetary policy hasn't actually given rise to actual utility. But only time will tell for sure.

hyped when launched, then nobody go after it later then. see how the graph go flat https://www.coingecko.com/en/coins/grin