Grin Observer - GRN/BTC - Price Movement and Discussion

[Cryptotourist]

Don't know about you guys, but I'm turning into a Grin holder.
If it moves towards or under ~0.0013, I will probably shake off & sell without any profit or loss.
But really, can't it just go to 0.0019.

How is that for a wall:

#stronghands#Grin

[1715037017]

1715037017

[Cryptotourist]

Things are definitely moving for Grin today.
Currently going sideways as the great wall battle rages on.
Looking out for a huge dildo. Up or down that is.

[infofront]

@infofront. Was he using a 2hr chart? I reckon that it implies that the next market cycle would also be as long as only 2 to 3 weeks hehehe.

Yes -2 hours. It will be fun to see if it follows the cycle again.

[Hueristic]

Morningz.

Glad to see more WO's on the train, but as our reporter indicated, lower prices are to be expected in the near future.
If I where to buy & hold, my guess is that we are going to have 2-3 good opportunities, around the 6 month, 12 month and 18 month mark after launch.
Price? Anything between $1-$3 as I can never see it going under $1.
Hoping for some decent volatility in between.

That said, I'm still on this train.
I'm going to hold my position until the clouds clear - probably until later this afternoon.
Still expecting ~0.0019. I feel support is getting stronger, despite the leg down.

I'd like to hear your reasoning for the bolded? I have been of the opinion since before release that it would indeed be lowest 2-3 years in and that is where I will be buying if it's smooth sailing at that point in time.

[Cryptotourist]

There is not much reasoning rather than speculation.
Price wise it is merely a guess, trying to roughly factor in current & future mining costs and rewards.
Emission does not concern me as much, if this coin is going to have a successful ride.

We both claim roughly the same thing I suppose (price wise) - in search of a bottom - our main difference is in the timing!?
If we where to take your estimate and hop on board in 2-3 years time, that takes us to 2021-2022.
I expect by then to have had already some sort of mini bull run, thus missing out on a possibly profitable medium term investment.
Always - if it's a smooth sail as you mentioned - an argument in favor of my suggested timeline also I think.

In conclusion,

[Hueristic]

There is not much reasoning rather than speculation.
Price wise it is merely a guess, trying to roughly factor in current & future mining costs and rewards.
Emission does not concern me as much, if this coin is going to have a successful ride.

We both claim roughly the same thing I suppose (price wise) - in search of a bottom - our main difference is in the timing!?
If we where to take your estimate and hop on board in 2-3 years time, that takes us to 2021-2022.
I expect by then to have had already some sort of mini bull run, thus missing out on a possibly profitable medium term investment.
Always - if it's a smooth sail as you mentioned - an argument in favor of my suggested timeline also I think.

In conclusion,

The grinch, man I loved that show as a kid.
They fucked it all up in the remakes.

[Cryptotourist]

Goes to show you, even forking a movie is no good.

[bbc.reporter]

@Cryprotourist. Agreed on the mini bull runs. However, Grin might always come down to near its bottom for the next 10 years after each pump because of the high inflation rate.

Unless, we see a miracle of demand similar to bitcoin hehehe.

[HairyMaclairy]

Golden cross on 30 / 50 days MA.  Bullish.

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[estenity]

GRIN rank 1,744 on CMC, about 2.5 M grin now.

[HairyMaclairy]

CMC isn’t calculating market cap so just putting in last place.

Coingecko has at rank 177

[Cryptotourist]

Golden cross on 30 / 50 days MA.  Bullish.

Good to know I'm not a total nut job.
This is what I've been waiting for days. It would seem that I'm not 'time sensitive'.

#

@Cryprotourist. Agreed on the mini bull runs. However, Grin might always come down to near its bottom for the next 10 years after each pump because of the high inflation rate.

Unless, we see a miracle of demand similar to bitcoin hehehe.

Totally agree. Depends of course what you mean by 'bottoms' in the coming 10 years.

#

Grin, from it's launch till today.

[HairyMaclairy]

Well that didn’t really meet expectations.  Back to sitting on my hands.  

[Little Mouse]

Grin coin deserves for long term investment.

GRIN is risky for long term investment. I have recently read some articles, observed some comments/views on this forum and most of their opinion was in long term, price of grin may decrease hugely.

[Cryptotourist]

Morningz.

Well that didn’t really meet expectations.  Back to sitting on my hands. 

Yes, personally back to sitting on that purple thing LFC found the other day.
I think JJG politely asked for it, but eventually I was the one to get it. LOL

Still on the train going down.
At this point I'm holding my stack, having missed on making a little profit. Greedy me again.
Also getting psychologically ready to acquire more, should it crack the ~0.0010 resistance.

[shamc]

It could be like not buying Monero when it was around a dollar or less. When it hit the dark markets it went up beyond all belief. Grin is still early days, high risk high potential

[big_daddy]

It could be like not buying Monero when it was around a dollar or less. When it hit the dark markets it went up beyond all belief. Grin is still early days, high risk high potential

yup!
monero is one of my worst lost trains ever
we all have to make big bags of grin, and wait a few years, or less 

[Globb0]

Bring on the wall!

[Raja_MBZ]

A new listing for Grin; GRN has been listed at Poloniex.

Not yet announced on Poloniex official channels!

[Cryptotourist]

30m