Convery (OP)
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January 18, 2019, 10:50:38 AM |
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Hi guys, recently these 2 coins were listed on exchanges and we can finally buy them. But when to buy? A lot of hype, so I think the price is still high, even the market cap is only 1 million USD. Please tell me your suggestions.
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consideritdone
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January 18, 2019, 06:10:50 PM |
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Esterklu
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January 19, 2019, 06:41:16 PM |
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I prefer Grin, but i think it is too early to buy now, they just launched and price is high, may be after some months it will be ok.
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Prolifik
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January 21, 2019, 11:07:50 AM |
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Grin is slowly falling, now the price is only 2.4USD while Beam is raising, price is around 0.8USD. Maybe it is because Grin has retarded inflation? I want to buy Grin, but it is really hard to predict where price goes in the future.
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CuriousGeorge
Sr. Member
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KUWA.ai
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January 21, 2019, 11:33:38 AM |
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Hi guys, recently these 2 coins were listed on exchanges and we can finally buy them. But when to buy? A lot of hype, so I think the price is still high, even the market cap is only 1 million USD. Please tell me your suggestions.
You can buy after it has already listed on exchange site, i guess there will be a huge dump but it will be following by a huge pump. That based on my experience. But remember you should consider about the daily trade volume of such coin.
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Gekkoo
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January 21, 2019, 04:01:28 PM |
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What are your goals? Do you want to buy why you will transfer money to another person or platform? Do you want to buy why you believe someone will pay dearer for it in the future? If the option is the last one, you need to be aware of inflation and probably the current prices will not hold for many months, it will be a big challenge for Beam and Grin.
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Febo
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Merit: 1288
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January 21, 2019, 04:13:59 PM |
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Grin or Beam? What is the good entry price?
Beam is company owned coin so have no real value. Grin entry point sis close to 1000 satoshi. It will take 2-4 years to reach bottom.
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DaMut
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January 21, 2019, 04:53:52 PM |
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Grin is slowly falling, now the price is only 2.4USD while Beam is raising, price is around 0.8USD. Maybe it is because Grin has retarded inflation? I want to buy Grin, but it is really hard to predict where price goes in the future.
Yes agree with your point about Grin inflation, remembered the first day when they started to sell their mined coin off the counter(OTC). They were asking for no less than $5, but look at it right now. Peoples are afraid of it because of the supply, on the other hand Beam has a lot of technical problem with their project. honestly speaking, I do not recommend both of it right now, Because one is overpriced and another one is overproblemed.
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generalizethis
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Facts are more efficient than fud
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January 21, 2019, 07:10:38 PM |
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Grin is slowly falling, now the price is only 2.4USD while Beam is raising, price is around 0.8USD. Maybe it is because Grin has retarded inflation? I want to buy Grin, but it is really hard to predict where price goes in the future.
Yes agree with your point about Grin inflation, remembered the first day when they started to sell their mined coin off the counter(OTC). They were asking for no less than $5, but look at it right now. Peoples are afraid of it because of the supply, on the other hand Beam has a lot of technical problem with their project. honestly speaking, I do not recommend both of it right now, Because one is overpriced and another one is overproblemed. 1 per second for eternity means it takes 3 years before you see the inflation drop below 50% of the total supply. If you lived in a country with that type of inflation, you couldn't spend your money fast enough.
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Bharathi13
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The Standard Protocol - Solving Inflation
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January 21, 2019, 07:59:33 PM |
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Grin and beam both are great for long-term investment just diversify your investment. They got launched on exchange recently and just wait let the hype go down and then enter. IMO beam will going to dump first on exchange as they raised money and took findings from the VCs. Obviously if there will be returns on the investment, investors will dump the coin.
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Pumared
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January 21, 2019, 08:08:08 PM |
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Although I have not read much about both, it seems to me that both are just hyper. We know that anyone with good money can pay for marketing. So I'd rather wait and see what happens
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generalizethis
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Facts are more efficient than fud
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January 22, 2019, 01:13:46 AM |
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Although I have not read much about both, it seems to me that both are just hyper. We know that anyone with good money can pay for marketing. So I'd rather wait and see what happens
Grin is a legitimate experiment by a long time Bitcoin developer and the theory behind it has been discussed for quite some time in the developer community, so I wouldn't just throw it in the hype bucket and call it a day. That being said, it's distribution is 1 grin per second for eternity, which means it will be 3 years before it drops below 50% inflation--you couldn't spend your money fast enough if that was country's currency, so anyone buying now is probably fighting a losing battle if they expect to cash out on a price increase. I'd wait four or five years before even bothering hodling it. But as far as being useful, it is if you just buy it to spend it for privacy--but of course that adds the cost of volatility, conversion fees, etc, so it's like a really bad implementation of Monero.
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Woolles890
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A Blockchain Mobile Operator With Token Rewards
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January 22, 2019, 03:55:46 AM |
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Now, we really need to learn about these two coins, it seems interesting and Grin makes it easy for us to privacy in this forum. I am still monitoring both of them and will make the decision to invest.
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Prolifik
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January 22, 2019, 11:52:18 AM |
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Although I have not read much about both, it seems to me that both are just hyper. We know that anyone with good money can pay for marketing. So I'd rather wait and see what happens
Grin is a legitimate experiment by a long time Bitcoin developer and the theory behind it has been discussed for quite some time in the developer community, so I wouldn't just throw it in the hype bucket and call it a day. That being said, it's distribution is 1 grin per second for eternity, which means it will be 3 years before it drops below 50% inflation--you couldn't spend your money fast enough if that was country's currency, so anyone buying now is probably fighting a losing battle if they expect to cash out on a price increase. I'd wait four or five years before even bothering hodling it. But as far as being useful, it is if you just buy it to spend it for privacy--but of course that adds the cost of volatility, conversion fees, etc, so it's like a really bad implementation of Monero. But why 3 years? I thought that number of mined Grins is constant, no halving and so on. So what will happen after 3 years?
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generalizethis
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Facts are more efficient than fud
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January 22, 2019, 12:15:29 PM Last edit: January 22, 2019, 01:29:43 PM by generalizethis |
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Although I have not read much about both, it seems to me that both are just hyper. We know that anyone with good money can pay for marketing. So I'd rather wait and see what happens
Grin is a legitimate experiment by a long time Bitcoin developer and the theory behind it has been discussed for quite some time in the developer community, so I wouldn't just throw it in the hype bucket and call it a day. That being said, it's distribution is 1 grin per second for eternity, which means it will be 3 years before it drops below 50% inflation--you couldn't spend your money fast enough if that was country's currency, so anyone buying now is probably fighting a losing battle if they expect to cash out on a price increase. I'd wait four or five years before even bothering hodling it. But as far as being useful, it is if you just buy it to spend it for privacy--but of course that adds the cost of volatility, conversion fees, etc, so it's like a really bad implementation of Monero. But why 3 years? I thought that number of mined Grins is constant, no halving and so on. So what will happen after 3 years? % of total supply Let's say you mine 1 coin per day: Year 1: 1 coin to start and ends year at 365, so 365x increase Year 2: 365 coins to start and ends year at 730, so 1x increase Year 3: 730 coins to start and ends year at 1095, so 0.50x increase As you can see the % mined is less and less of the total supply, so after 10 years it's a drop in the bucket. Also, I didn't say consider in 3 years, but 4-5 because it drops to ~10% and below of total supply, which is when things get interesting.
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Red-Apple
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January 22, 2019, 12:33:45 PM |
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i think Grin mostly had some hype recently because of the fact that theymos started accepting it as a payment on this forum when you want to purchase copper membership. other than that i don't see any good future (price-wise) for this coin because of its terrible supply design. so far a lot of it is injected into circulation and every day an extremely large amount of it is being created thanks to its fast blocks and high block rewards. so you should expect a continues decline in its price over all.
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slaman29
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Livecasino, 20% cashback, no fuss payouts.
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January 22, 2019, 02:54:20 PM |
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Although I have not read much about both, it seems to me that both are just hyper. We know that anyone with good money can pay for marketing. So I'd rather wait and see what happens
Grin is a legitimate experiment by a long time Bitcoin developer and the theory behind it has been discussed for quite some time in the developer community, so I wouldn't just throw it in the hype bucket and call it a day. That being said, it's distribution is 1 grin per second for eternity, which means it will be 3 years before it drops below 50% inflation--you couldn't spend your money fast enough if that was country's currency, so anyone buying now is probably fighting a losing battle if they expect to cash out on a price increase. I'd wait four or five years before even bothering hodling it. But as far as being useful, it is if you just buy it to spend it for privacy--but of course that adds the cost of volatility, conversion fees, etc, so it's like a really bad implementation of Monero. Absolutely my first thoughts about GRIN right now, and probably right for the next two years at least (though closer to 3 as you say). Buying it now is absolute craziness, especially if Bitcoin will probably recover in the same timeframe, same as Ether or any currency you'd use to buy Grin now. And let's not kid ourselves. No ones buying Grin to use it, not right now anyway. Real privacy users, as you say, are all on Monero.
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aceptamosbitcoin
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January 22, 2019, 04:32:47 PM |
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Hi guys, recently these 2 coins were listed on exchanges and we can finally buy them. But when to buy? A lot of hype, so I think the price is still high, even the market cap is only 1 million USD. Please tell me your suggestions.
I like Grin more because the coin doesn't have premine and Bitforex just add it. Bitforex have xero fees if you are market maker so it's quite profitable for trade. Another point ahead for Grin is that the coin is adopted by the forum, leading to immediately hype.
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bbc.reporter
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January 23, 2019, 03:56:20 AM |
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Although I have not read much about both, it seems to me that both are just hyper. We know that anyone with good money can pay for marketing. So I'd rather wait and see what happens
Grin is a legitimate experiment by a long time Bitcoin developer and the theory behind it has been discussed for quite some time in the developer community, so I wouldn't just throw it in the hype bucket and call it a day. That being said, it's distribution is 1 grin per second for eternity, which means it will be 3 years before it drops below 50% inflation--you couldn't spend your money fast enough if that was country's currency, so anyone buying now is probably fighting a losing battle if they expect to cash out on a price increase. I'd wait four or five years before even bothering hodling it. But as far as being useful, it is if you just buy it to spend it for privacy--but of course that adds the cost of volatility, conversion fees, etc, so it's like a really bad implementation of Monero. But why 3 years? I thought that number of mined Grins is constant, no halving and so on. So what will happen after 3 years? % of total supply Let's say you mine 1 coin per day: Year 1: 1 coin to start and ends year at 365, so 365x increase Year 2: 365 coins to start and ends year at 730, so 1x increase Year 3: 730 coins to start and ends year at 1095, so 0.50x increase As you can see the % mined is less and less of the total supply, so after 10 years it's a drop in the bucket. Also, I didn't say consider in 3 years, but 4-5 because it drops to ~10% and below of total supply, which is when things get interesting. We also do have to speculate on the demand side however, not only the supply side. Ethereum has an infinite supply and a premine. That did not stop it from becoming on top 2 in market capitalization. Also, those crazy pumpers, those greedy holders hehehe.
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