Grin Observer - GRN/BTC - Price Movement and Discussion

[bbc.reporter]

@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.

[HairyMaclairy]

2600 coins to 0.0009

If we touch 0.0009 we are going straight to 0.0006.  If we break under 0.0005, then we get to find just how deep this rabbit hole goes.  

For the record, 50 cents is 0.00014

[infofront]

Glad I sold into the pump. I may use those proceeds to try to catch the falling knife.

[Cryptotourist]

Glad I sold into the pump. I may use those proceeds to try to catch the falling knife.

Watch out dude, that's one big knife.



#

<...> If we break under 0.0005, then we get to find just how deep this rabbit hole goes. 

 

I'd like to believe that there is no way it's going under ~0.0005BTC (under 1 dollar).
There is nothing to support this idea of course.
Slowly started buying back again & probably going to regret it. Price is still under heavy manipulation.

Morning!

[HairyMaclairy]

So we are now at 0.00105 and there are suddenly  8,000 coins to .0010.  Somethings fucky or my tradey sense is off.  

[Cryptotourist]

fucky 

[StartupAnalyst]

Hello GO's! confess who has the same T-shirt in the closet? :



Grin to the masses!

[Cryptotourist]

Em, Bob's cousin?  

Grin to the whales! LOL

[Cryptotourist]

Bounce alert, shit incoming..

[Last of the V8s]

we are all africans

[Cryptotourist]

Interesting. I thought we are all part Pleiadians part Sumerian. 

When Anunnaki?

[_javier_]

Windows wallet incomming 

[StartupAnalyst]

we are all africans

Yes it is true

Em, Bob's cousin? 

So most likely I am a very distant Bob`s relative, actually like all of us.

[HairyMaclairy]

We are deep in a defined support zone and need to watch for a clear move either way before having an opinion on the current state of the market.  Volume is ok but nothing special. 

[bbc.reporter]

@Cryptotourist. Grin was under heavy manipulation when it was pumped from $2 to $14. The dump we are witnessing now is Grin's monetary inflation working as expected, I reckon. We might also see it follow dogecoin's price patterns for the first 10 years.

[Cryptotourist]

@Cryptotourist. Grin was under heavy manipulation when it was pumped from $2 to $14. The dump we are witnessing now is Grin's monetary inflation working as expected, I reckon. We might also see it follow dogecoin's price patterns for the first 10 years.

Yes it was under heavy manipulation from $2 to $14, and now it's under lighter whale accumulation type manipulation.
Also imo, the dump we are experiencing and seems to be flattening out, is partly inflation related, but partly also miners just dumping as usual to support their costs.
I'm sorry, but my main position is that the crypto-world is highly manipulated, sometimes more sometimes less.

Dogecoin is a good example.

#

we are all africans

Indeed we are. I was just trolling off as usual.
*. My little delusional history investigation, has also led me that Atlantis should have been located on the African continent (north Mauritania - eye of Africa).

#

I think we are in for a bigger bounce before Monday, around ~0.0015.

[Cryptotourist]

Well something's UP.  

KuCoin, 30m.

[Cryptotourist]

Amber alert, my balls have gone missing.

1m

[Cryptotourist]

Well that took only 3 hours (0.0015)!!! Fuck.

2h


If it turns exp-oy I will have to find them again.

[Cryptotourist]

Listed on Bittrex 🚀🚀🚀
https://international.bittrex.com/Market/Index?MarketName=BTC-GRIN

Bullish.