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Author Topic: Grin Observer - GRN/BTC - Price Movement and Discussion  (Read 4984 times)
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Raja_MBZ
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February 07, 2019, 12:04:59 PM
 #301

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.

I agree. ~$1 seems just about right for GRN. Sooner or later, we might get to see a dead cat jump, but that just won't change the downtrend.

Grin has definitely succeeded in perfectly following the general path of altcoins from November 2017 to February 2019 within just 15 days:



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February 07, 2019, 12:54:09 PM
 #302

Grin has definitely succeeded in perfectly following the general path of altcoins from November 2017 to February 2019 within just 15 days:

Indeed, good point.
It's moving fast forward.
Monero year two in Grin time, is already in. Wink
I can't even speculate on it's price 2-3 years from now.
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February 07, 2019, 01:04:14 PM
 #303

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.

Ouch, Good idea to airdrop on Bitcoin, but 10% premine is too high.

If someone does a mimblewimble airdrop coin without a premine, like what Bitcore did, could be a contender. With Bitcore you claimed by signing a message with your private key, was totally safe.
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February 07, 2019, 02:55:17 PM
Merited by Cryptotourist (1)
 #304

Andreas Antonopoulos

Beam for Store of Value and Grin for Medium of Exchange via MimbleWimble Protocol

He further remarked on the Grin Project saying the open-source project started two years ago was built to bring the MW protocol to life through implementing the coin. The grin project is an open source project that is crowd-funded by its community members to develop and improve the privacy and scalability of the protocol.

https://bitcoinexchangeguide.com/andreas-antonopoulos-beam-for-store-of-value-and-grin-for-medium-of-exchange-via-mimblewimble-protocol/
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February 07, 2019, 03:07:25 PM
 #305

Andreas Antonopoulos

Beam for Store of Value and Grin for Medium of Exchange via MimbleWimble Protocol

He further remarked on the Grin Project saying the open-source project started two years ago was built to bring the MW protocol to life through implementing the coin. The grin project is an open source project that is crowd-funded by its community members to develop and improve the privacy and scalability of the protocol.

https://bitcoinexchangeguide.com/andreas-antonopoulos-beam-for-store-of-value-and-grin-for-medium-of-exchange-via-mimblewimble-protocol/

Isn't BEAM 100% ASIC though? I prefer GRIN's approach of using both ASICs and GPUs in their network and I prefer to support this approach with my money.

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February 07, 2019, 05:08:53 PM
 #306

Isn't BEAM 100% ASIC though? I prefer GRIN's approach of using both ASICs and GPUs in their network and I prefer to support this approach with my money.

Agreed.
But it's only going to be for a limited time before it also turns full ASIC.
Closer to that time, GPU mining will be non profitable I imagine.
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February 07, 2019, 05:41:43 PM
 #307

Andreas Antonopoulos

Beam for Store of Value and Grin for Medium of Exchange via MimbleWimble Protocol

He further remarked on the Grin Project saying the open-source project started two years ago was built to bring the MW protocol to life through implementing the coin. The grin project is an open source project that is crowd-funded by its community members to develop and improve the privacy and scalability of the protocol.

https://bitcoinexchangeguide.com/andreas-antonopoulos-beam-for-store-of-value-and-grin-for-medium-of-exchange-via-mimblewimble-protocol/

Isn't BEAM 100% ASIC though? I prefer GRIN's approach of using both ASICs and GPUs in their network and I prefer to support this approach with my money.

Being %100 ASIC looks very innocent compared to the 20% tax you are paying to the beam devs for every beam you mine.

I can't believe Andreas is actually shilling this piece of shit as a store of value.



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February 07, 2019, 07:39:57 PM
 #308

Let’s be clear.  Andreas is not sayin they are an SOV or a MOE - he is just saying that is how they are described by their teams.  
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February 07, 2019, 07:58:19 PM
 #309

This is the Grin observer thread

Don't make me ban you from the forum!


Now show me that Grin


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February 07, 2019, 08:33:05 PM
Last edit: February 07, 2019, 08:48:14 PM by Cryptotourist
 #310

Was that a bounce?
Did you hear something? Grin

Edit: pfff
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February 07, 2019, 09:30:28 PM
 #311

Still haven’t bought, this is the first time I’ve checked the price in about a week & it’s dumped hard. I guess that was to be expected. I’m not even sure if I’m interested in GRIN but I’m going to have to buy at some point incase it does moon in a few years. I’d kick myself for not having any when I knew about it when it was cheap.

When would anybody suggest to buy? Will it go lower?




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February 07, 2019, 09:38:05 PM
 #312

I sold all of mine some time ago.  Am watching but not seeing any sign of price stabilization so I am staying out.
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February 07, 2019, 09:44:48 PM
 #313

I guess Grin should have a windows wallet or something easier to store coins.. and then we can talk of bigger exchanges and price rise.

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February 07, 2019, 09:47:01 PM
 #314



Grin Judas!

Burn him



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February 07, 2019, 10:27:37 PM
 #315

There were ~2.6 million Bitcoin mined in the first year.

Grin will achieve that in its first month.  And continue to do that forever.



We need to be careful with this one.
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February 07, 2019, 11:35:25 PM
 #316

Great coin, but the very fact that bitcoin maximalists who call everything but BTC a scam went behind it should tell you that this recent pump was just another crypto celebrity pumping Grin by shilling it to their followers.
MimbleWimble has a bright future, but in the future it will just be a BTC/BCH sidechain and Grin will bleed off.
I'd buy at $2 though, I think there's a few pumps left in this puppy.

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February 08, 2019, 01:18:09 AM
 #317

I guess Grin should have a windows wallet or something easier to store coins.. and then we can talk of bigger exchanges and price rise.

Agreed. However, I reckon Grin is following Monero's development style by creating a stable protocol first before developing a graphical interface. I see this as an opportunity to invest early before the mainstream get quick rich people enter.

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February 08, 2019, 01:26:36 AM
 #318

GRIN could be a good long term investment but may be better to wait some more time than buy at these prices. It could go lower to $2 - $3.

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February 08, 2019, 01:48:31 AM
 #319

@Dragonrage201. BobLawblaw's prediction is it might be as low as $0.50. It might go lower than that, however.

Also, check the price patterns of the other popular inflationary cryptocoin, dogecoin, which presently has a 4.45% yearly inflation rate. It has always come back near its lows.

Grin will begin having an inflation rate of lower than 10% after 10 years, and lower than 5% in 20 years. We might need more lube hehehe.

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February 08, 2019, 02:29:11 AM
 #320

Now show me that Grin

Some nice, wide grins.

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