Quezacoatl
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Activity: 81
Merit: 10
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August 17, 2015, 12:02:21 PM |
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The low volume is due to the fact that there are not many places to spend GRC, so most people just hoard it. Other than 1 gambling site (crypto-games), there isn't much to do with your newly minted grc. That is what we need to work on! I would say that is where the majority of the foundation funds should be spent on.
Hmm true, we have to work on many things. But with a higher marketcap more peple will get interested and so will be online shops. Therefore we need to get more people investing in Gridcoin. |
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sEpuLchEr
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Activity: 248
Merit: 250
Are we there yet?
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August 17, 2015, 12:14:56 PM |
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I'm guilty of buying some myself. LOL. GRC is currently very very undervalued. I mean, seriously. Look at the tech we have in the coin. It's definitely worth a lot more than what it is now. And the new features we are testing in testnet, would bring even more value to GRC. And Rob's new idea blew my mind. In coin options exchange. To quote Rob, I think having the ability in the coin to buy a Put would be pretty huge; and if we did this in a decentralized way, even bigger. Actually I did not fully understand this new idea(s). Will we have an actual exchange in the client? Or will it be optional? Will we be a competitor to our partner-exchanges or do we just provide additional possibilities which they do not provide? But apart from the things I don't understand, I truly believe we are just at the beginning of the rising GRC price. Just think about the basic principle of Gridcoin: using a kind of PoW in combination with PoS for something good, for science. No other coin can do that. Okay there are/were some but they were only focusing on one project like folding coin, right? We have the full variety of BOINC at our disposal. Actually I am proud to earn a crypto-currency due to cancer research or CERN stuff for example. It will compliment the exchanges and not in competition. It's more like a platform to buy and sell options. There are many things I do not understand either. You are not alone  And yes, I'm proud to be "mining" GRC for I know, for every GRC I generate, research is being done that will propel the humankind forward. Be it the protein folding research done by Rosetta, or clean water by World Community Grid, every work unit your computer computes and send back to the projects, gets us closer. |
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alexius89
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August 18, 2015, 03:54:45 AM |
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I'm guilty of buying some myself. LOL. GRC is currently very very undervalued. I mean, seriously. Look at the tech we have in the coin. It's definitely worth a lot more than what it is now. And the new features we are testing in testnet, would bring even more value to GRC. And Rob's new idea blew my mind. In coin options exchange. To quote Rob, I think having the ability in the coin to buy a Put would be pretty huge; and if we did this in a decentralized way, even bigger. Agree with you.. Gridcoin is extremly undervalued especially when seeing the tech. There are currently higher market cap coins do not deserve that position. I'm in the Gridcoin project now almost 2 years and non exchange prices were at that time about 900-1000 satoshi if i transfer it to the current coin supply. However we had those prices even with much less features and tech and community so everyone can imagine what Gridcoin should be actually worth now with existing real world adoption, tech and outstanding community. 2000 - 3000 satoshi is the price investors should focus and expect in the long term. To be honest i haven't seen a better, real world adopted coin out there apart from Bitcoin itself. Sounds like i am promoting something, however i just mention pure facts! --justmy2cents-- cheers |
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Quezacoatl
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Activity: 81
Merit: 10
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August 18, 2015, 07:26:38 AM |
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Agree with you.. Gridcoin is extremly undervalued especially when seeing the tech. There are currently higher market cap coins do not deserve that position. I'm in the Gridcoin project now almost 2 years and non exchange prices were at that time about 900-1000 satoshi if i transfer it to the current coin supply.
However we had those prices even with much less features and tech and community so everyone can imagine what Gridcoin should be actually worth now with existing real world adoption, tech and outstanding community. 2000 - 3000 satoshi is the price investors should focus and expect in the long term. To be honest i haven't seen a better, real world adopted coin out there apart from Bitcoin itself.
Sounds like i am promoting something, however i just mention pure facts!
--justmy2cents--
cheers
Actually I am hoping we will exceed 3000 satoshi. I am not mining now like a mad man that I 'only' have 10 times the price we have now. My belief is we will end up at least in the top 10 of all the coinmarketcaps so we will have at least 50-100x the price we have now. But as we are the one coin having useful mining on a big scale with many options to mines/research, I really think we will end up at the top 5 or higher. Imagine all crypto-people united in researching for the greater good. Serverfarms will be build for all the researchers out there in the expectation to earn GRC which is worth more than the electricity (plus the investment for the serverfarm). I like that thought and until then my GRC will stay in my wallet. |
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pallas
Legendary
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Activity: 2716
Merit: 1094
Black Belt Developer
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August 18, 2015, 11:21:22 AM |
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traderman
Legendary
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Activity: 1260
Merit: 1001
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August 18, 2015, 12:16:55 PM |
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I don't think features alone are going to get GRC into the top10 cryptos. We need uses for the currency, there is not much you can do right now with your grc. Our volume is also really low on the exchanges, which is not a good sign. I'm guilty of buying some myself. LOL. GRC is currently very very undervalued. I mean, seriously. Look at the tech we have in the coin. It's definitely worth a lot more than what it is now. And the new features we are testing in testnet, would bring even more value to GRC. And Rob's new idea blew my mind. In coin options exchange. To quote Rob, I think having the ability in the coin to buy a Put would be pretty huge; and if we did this in a decentralized way, even bigger. Agree with you.. Gridcoin is extremly undervalued especially when seeing the tech. There are currently higher market cap coins do not deserve that position. I'm in the Gridcoin project now almost 2 years and non exchange prices were at that time about 900-1000 satoshi if i transfer it to the current coin supply. However we had those prices even with much less features and tech and community so everyone can imagine what Gridcoin should be actually worth now with existing real world adoption, tech and outstanding community. 2000 - 3000 satoshi is the price investors should focus and expect in the long term. To be honest i haven't seen a better, real world adopted coin out there apart from Bitcoin itself. Sounds like i am promoting something, however i just mention pure facts! --justmy2cents-- cheers |
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moonchaser
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August 18, 2015, 04:04:50 PM |
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Voted for you guys  I like your coin. |
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Quezacoatl
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Activity: 81
Merit: 10
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August 18, 2015, 08:21:33 PM |
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Voted for you guys I like your coin. Thanks! Join us and do something good with your electricity  |
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traderman
Legendary
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Activity: 1260
Merit: 1001
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August 18, 2015, 08:25:33 PM |
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That should be the Gridcoin motto: Do something with your electricity! Voted for you guys I like your coin. Thanks! Join us and do something good with your electricity |
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traderman
Legendary
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Activity: 1260
Merit: 1001
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August 20, 2015, 02:13:39 PM |
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How cool is that? All with the help of Einstein@Home and team #Gridcoin of course! Max Planck Scientists Discover Elusive Gamma-ray Pulsar with Distributed Computing Project Einstein@Home: http://www.aei.mpg.de/1689618/EatHGPSRHidden |
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Quezacoatl
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Activity: 81
Merit: 10
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August 22, 2015, 08:52:54 AM |
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The Gridcoin price is rising! I like that. About 40% in the last few weeks. But there is more to come, especially when Research Age is being implemented so the core is finalized. Then we have no limits to a number of researchers(=miners) and a fully operational and decentralized payment system, the Neural Network. And then Rob will have the time to implement all of his crazy-genious ideas of Gridcoin Finance, the options market within the client, perfecting voting and and and... |
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traderman
Legendary
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Activity: 1260
Merit: 1001
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August 22, 2015, 03:19:00 PM |
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I am not too sure about the options market, there are many regulatory issues that may arise out of that. I think Rob put that one aside for now. The Gridcoin price is rising! I like that. About 40% in the last few weeks. But there is more to come, especially when Research Age is being implemented so the core is finalized. Then we have no limits to a number of researchers(=miners) and a fully operational and decentralized payment system, the Neural Network. And then Rob will have the time to implement all of his crazy-genious ideas of Gridcoin Finance, the options market within the client, perfecting voting and and and... |
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Quezacoatl
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Activity: 81
Merit: 10
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August 22, 2015, 10:12:36 PM |
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Im just saying that there is MUCH more potential in Gridcoin than one may think. Especially due to the fact that the dev is just active and inventive and committed to his creation. There are many coins out there having much more marketcap and are, to put it simple, just scam.
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alexius89
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August 23, 2015, 04:01:01 PM |
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How cool is that? All with the help of Einstein@Home and team #Gridcoin of course! Max Planck Scientists Discover Elusive Gamma-ray Pulsar with Distributed Computing Project Einstein@Home: http://www.aei.mpg.de/1689618/EatHGPSRHiddenThese are awesome news! How deeply was Gridcoin involved into this research Project? Which Position in the project ranking? How much BOINC power has been invested from Gridcoins site and follows that how much energy transferred into $ has been donated for researching? can anyone calculate that? To be honest this is extremely valuable news regarding real World adoption! Probably someone can please attract it on Reddit and Twitter?! |
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spassbold
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August 24, 2015, 12:25:57 PM |
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Yes, we should make a reddit thread about that, anyone want to create one?
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BlueYozakuraBTC
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August 27, 2015, 08:56:57 PM |
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Wait GRC? Isn't that the same as the company that's promoting on facebook where you have to buy in to mine their coin and afterwards you'll be ahead of everyone when it eventually launches?
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traderman
Legendary
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Merit: 1001
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August 27, 2015, 11:02:32 PM |
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What exactly are you referring to? Wait GRC? Isn't that the same as the company that's promoting on facebook where you have to buy in to mine their coin and afterwards you'll be ahead of everyone when it eventually launches?
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spassbold
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August 28, 2015, 12:54:06 AM |
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Wait GRC? Isn't that the same as the company that's promoting on facebook where you have to buy in to mine their coin and afterwards you'll be ahead of everyone when it eventually launches?
nope, you're confusing it with some other coin. It has already launched in 2013 lol. |
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