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Hold GRIN coin? how'll its market evolve?
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Topic: Hold GRIN coin? how'll its market evolve? (Read 145 times)
@Hakermania@
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Hold GRIN coin? how'll its market evolve?
January 23, 2019, 06:06:41 PM
#1
Based on the particular characteristics of this "magical" coin, how do you think the market will evolve in the short, medium and long term?
Summing up GRIN coin:
- Protocol: Mimblewimble
- Block time (fixed): 60 seconds
- Block reward (fixed): 60 GRIN
- Max supply: infinite
- No pre-mine, no ICO
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Thanasis
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Re: Hold GRIN coin? how'll its market evolve?
January 23, 2019, 06:12:26 PM
#2
Is this coin available on any exchanges? On CMC there is no data about Grin.
Edit:Got it,on coingecko :
https://www.coingecko.com/en/price_charts/grin/usd
And the coin looks more promising and it is accepted in our forum as well which will give good recognization to that coin.
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Re: Hold GRIN coin? how'll its market evolve?
January 23, 2019, 06:45:27 PM
#3
I believe Grin will have strong community support, as it already has. Like Bitcointalk support, this is amazing.
Also, some manufacturers are already thinking about developing GPU miners for Grin
Sapphire Tech Targets Grin Cryptocurrency With New GPU Miner
This is of course a good sign.
In the long run, it will probably be a good investment. But nobody knows.
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Re: Hold GRIN coin? how'll its market evolve?
January 23, 2019, 07:08:12 PM
#4
Of course nobody knows how GRIN will develop as planned, anything can happen with the value of Bitcoin that will come, everything is still under control in Bitcoin which always has a big influence on all altcoins, so I am not too sure GRIN will go up whatever the plan
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@Hakermania@
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Re: Hold GRIN coin? how'll its market evolve?
January 23, 2019, 08:47:22 PM
#5
Quote from: Thanasis on January 23, 2019, 06:12:26 PM
Is this coin available on any exchanges? On CMC there is no data about Grin.
Edit:Got it,on coingecko :
https://www.coingecko.com/en/price_charts/grin/usd
And the coin looks more promising and it is accepted in our forum as well which will give good recognization to that coin.
Listing GRIN and setting up a system of withrawal and deposit automated isn't a joke as it is a new protocol. For now there are few exchanges that have listed GRIN.
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Febo
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Re: Hold GRIN coin? how'll its market evolve?
January 25, 2019, 07:03:41 PM
#6
Quote from: @Hakermania@ on January 23, 2019, 06:06:41 PM
Hold GRIN coin? how'll its market evolve?
Nope. Best time to buy Grin will be 2-4 years from now. If you are mining it now you should dump. Maybe wait for some big exchange listing.
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Re: Hold GRIN coin? how'll its market evolve?
February 14, 2019, 04:40:01 AM
#7
I see many miners getting excited about grin coin, famous one like James Loop event tweeted about it
Also small meetups, gatherings and conference are popping up and people start to talk about it
Even exchanges like Kucoin and other small but popular ones have started to list grin coins
I don’t hold any grin, but keeping an eye on it
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Re: Hold GRIN coin? how'll its market evolve?
February 14, 2019, 05:33:38 AM
#8
i dont know for surely, but i see that coin has volume almost 100% of total marketcap.
as far i see has 12,4 M $ cap and volume about 12,3M daily. and also with great market like Okex,bittrex,even with low volume.
maybe if bull run come again it will be good investment.
Herbert2020
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Re: Hold GRIN coin? how'll its market evolve?
February 14, 2019, 07:35:33 AM
#9
generally speaking it is a bad idea to hold (which means a long term investment where you buy and don't sell in hopes of a rise in long term) any coin that satisfies these conditions:
1. is useless
2. is hyped up with fake advertisement
3. has premine, ICO or any other magical way that devs create a lot of coins for themselves
4. has a bad distribution model
5. has a huge circulating supply
6. has a huge block reward or basically when a large amount of new coins are injected in circulation every day
7. is centralized
Grin satisfies 4, 5 and 6 and a little bit of 2. and that is more than enough for it to be a bad long term investment in my opinion.
Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
glendall
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Re: Hold GRIN coin? how'll its market evolve?
February 14, 2019, 08:21:10 AM
#10
fully believe that GRIN has the latest breakthrough,
the protocol has been developing and is not using blockchain, but Mimblewimble. and LTC yesterday also joined this protocol, (if I didn't hear it wrong).
so it's very good if it's held from now on.
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Re: Hold GRIN coin? how'll its market evolve?
February 14, 2019, 08:30:13 AM
#11
It is a typical currency, not an investment.
1 new coin per second forever.
"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost.
It never really hits a scale ceiling."
Satoshi Nakamoto, April 2009
Avoiding taxes is totally legal if you consider and respect the law.
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