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Author Topic: Grin Observer - GRN/BTC - Price Movement and Discussion  (Read 4859 times)
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February 06, 2019, 06:16:10 AM
 #281

Mornigz!

Mining rewards are indeed rather high.
Nicehash which is now supported, is also adjusting it's price to lower levels.
So at $5 the price might be high, but at $1 it's rather low. Miners will flee if it hits $2.5 in the current status.
I doubt we will see it below ~0.0008BTC anytime soon. Maybe in a few months time.
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February 06, 2019, 06:38:52 AM
 #282

We hit 0.0005 only 2 weeks ago.  Time indeed will tell.  Right now the selling pressure feels relentless.
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February 06, 2019, 06:57:12 AM
 #283

Yeap. It's a blood bath.
Almost, on 21/01 17.00h we hit 0.00065515 = ~ $2.31, not quite 0.0005 (your orders were not filled if I remember correctly).

Cpt. Ishmael & Moby Dick are having a blast.
The goldfish, is out of their way for now. Grin
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February 06, 2019, 07:00:53 AM
 #284

I had orders at 0.00052 - we got to 0.00056 if I remember correctly but I was probably drunk.

The selling patterns look to me like miners dumping their shares as fast as possible. 
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February 06, 2019, 08:15:16 AM
 #285

I think it's just good old manipulation.
The manipulators set the price range both ways, and the flock of miners follows downrange. They want in cheap.

It's bound to come to a halt sooner or later, cos a miner will not sell if it doesn't cover the costs of mining.
So yes, it's still the early miners sell off bazaar.


I had orders at 0.00052 - we got to 0.00056 if I remember correctly but I was probably drunk.

Good to know that I'm not the only one getting shuttered in front of his PC. Grin
I cannot find anything on the price you mentioned. It will be good to have confirmed our bottom.
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February 06, 2019, 08:15:34 AM
 #286

That's like saying that you predict that the sun will rise tomorrow. Roll Eyes

'When' is the real question.

by Wednesday -15%, maybe by Thursday -20%

*predict the sunrise of Skarsvåg (Norway) for 01.JAN.2020 if is so easy  Wink

At the moment of writing was ~$5.35
now, Wednesday ~$4.75

it's not -15%, but by the end of the day will reach the -15%  Wink

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February 06, 2019, 08:29:00 AM
 #287

I knew it you would come around. Cool

Yes, so far you are correct in your prediction, as much as I was in predicting your sunrise. Tongue
Would you like to speculate on when you think it's going to bounce?
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February 06, 2019, 09:01:16 AM
 #288

I knew it you would come around. Cool

Yes, so far you are correct in your prediction, as much as I was in predicting your sunrise. Tongue
Would you like to speculate on when you think it's going to bounce?

I'm seeing a downtrend only, for now

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February 06, 2019, 09:38:51 AM
 #289



Wing suit on.
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February 06, 2019, 11:37:53 AM
 #290


Would you like to speculate on when you think it's going to bounce?

Do the wing suit guys bounce ?
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February 06, 2019, 11:47:23 AM
 #291

Yeah they bounce, just before the absolute bottom.
If unsuccessful there is no bounce. Only liquidation. Roll Eyes

Please alert me when Grin hits the bottom.
If it smashes through the bottom and carries on with a negative sign, please alert Globb0 & also call 911.
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February 06, 2019, 12:00:14 PM
Last edit: February 06, 2019, 12:10:47 PM by HairyMaclairy
 #292

Welp I would say your support zones are 0.0010 - 0.0012 and 0.0005 - 0.0006

You probably don't want to fall under 0.0005

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February 06, 2019, 12:15:42 PM
 #293


You probably don't want to fall under 0.0005


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February 06, 2019, 12:47:07 PM
 #294

I like the altcoins that are happening sideways. Grin is really letting investors decide on value, they have their own strategies and they are starting to buy more coins and they will soon pump the price of the coin.
Typical examples are Quarkchain and BitTorrent. You can see its price diagram and make a decision. Grin will soon jump to $ 10 again.
excuse me, I don't know how to upload my image on the post. Can someone help me so I can post my pictures to share for everyone?

✦ ───    OATH  ─── ✦ 
BLOCKCHAIN DISPUTE RESOLUTION & GOVERNANCE PROTOCOL
▌▐ ───────  Facebook ⬝  Telegram ⬝  Twitter ⬝   GitHub ⬝  Medium   ────── ▌▐ 
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February 06, 2019, 01:28:52 PM
 #295

I think you are joking, but never mind:



Upload image to get link: https://imgur.com/

If you quoted any of the above messages that contained an image, you would have seen the format.
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February 06, 2019, 03:48:03 PM
 #296

Grin will soon jump to $ 10 again.

I don't see the fundamentals supporting that valuation, soon.

I've stated before, I think "fair value" for this is around $0.50-$1 USD/GRIN all things considered.

And even that is probably a bit optimistic, TBH.

Disclaimer: Don't listen to anything I have to say. I'm wrong about a lot of things.

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February 07, 2019, 08:07:48 AM
 #297

Hey Griners,

2h:


Looks like we are still free falling.
Hoping for a weekend pump.
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February 07, 2019, 11:00:43 AM
 #298

MimblewimbleCoin airdrop for Bitcoin holders, this could be a real competitor to Grin, assuming no premine shenanigans.

https://youtu.be/0ZJ6X_Ux1SE
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February 07, 2019, 11:14:10 AM
 #299

MimblewimbleCoin airdrop for Bitcoin holders, this could be a real competitor to Grin, assuming no premine shenanigans.

https://youtu.be/0ZJ6X_Ux1SE

It’s a total shitcoin

https://forkdrop.io/mimblewimblecoin

You have to register your address and they are keeping 2 million as a premine.
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February 07, 2019, 11:26:35 AM
Merited by BobLawblaw (1), Cryptotourist (1)
 #300

Anything that comes out right now out of the blue is automatically a shitcoin, don't give them your funds guys!
Any serious project would have at least some months of development before launching, for example GRIN is being worked for at least 1 year.

Anything that just forks GRIN and puts a shiny whitepaper and marketing sauce is an obvious scum.

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