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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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talkbitcoin
Legendary
 Offline
Activity: 1372
Merit: 1032
All I know is that I know nothing.
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January 27, 2019, 10:27:24 AM |
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just because Grin is being accepted by bitcointalk forum and has some hype it doesn't mean it is automatically a good investment too. it is surely a very interesting project but it also has some shortcomings which makes it a bad investment specially when you consider its supply and block rewards at the moment.
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rudolfaxl
Legendary
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Activity: 1372
Merit: 1001
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January 27, 2019, 10:28:48 AM
Last edit: January 27, 2019, 10:39:04 AM by rudolfaxl |
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I don't think it's a good investment, because it doesn't have supply limit. It has made some Xs since the low, but it doesn't proof its price sustainability.
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BCGrin (OP)
Newbie
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Activity: 10
Merit: 1
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January 27, 2019, 10:34:04 AM |
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I've been mining my Grin. The hashrate is rising on a staggering level. The amount of support it gets from mining is very high. This looks quite amazing, and dangerous, indeed: GRIN/BTC https://i.imgur.com/QHM71MM.pnghttps://i.imgur.com/hwMxOnS.png(Please quote so others can see my chart images) |
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talkbitcoin
Legendary
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Activity: 1372
Merit: 1032
All I know is that I know nothing.
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January 27, 2019, 10:42:22 AM |
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I've been mining my Grin.
The hashrate is rising on a staggering level. The amount of support it gets from mining is very high.
it is always normal with new coins to have a rising hashrate like this specially when it is giving a large reward per block, is an interesting project and also is being hyped up after being added to bitcointalk as the only altcoin payment! GRIN/BTC   (Please quote so others can see my chart images) ok. |
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JohnMacZeppelin
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February 02, 2019, 12:21:45 PM |
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I have no faith in this project despite the pumping which was not so long ago. I still think that all this is definitely nothing more than another batch of scam project. All this is very similar to this and this is just my opinion.
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Prolifik
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February 02, 2019, 12:23:31 PM |
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Waiting for 1$, after that I will buy some to my portfolio. But 6$ for 1 Grin when I know about the unlimited supply is too much I think. Let´s see.
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BQ
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Activity: 616
Merit: 53
CoinMetro - the future of exchanges
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February 02, 2019, 12:31:04 PM |
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GRIN as technology seems very interesting, but at these prices it's very risky to buy - untested, lots of coins still waiting to be dumped..
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agenlaptop
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February 02, 2019, 12:40:48 PM |
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I have never heard the name of this coin, and for now I have to study first and see how this coin was developed,
if it is good to follow then I will try to join in.
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devinks
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February 02, 2019, 12:53:38 PM |
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I have never heard the name of this coin, and for now I have to study first and see how this coin was developed,
if it is good to follow then I will try to join in.
I also have never heard or seen this coin in the market, so I did not invest because I did not know and the potential of this coin was good and whether or not it was also unknown |
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zhekinsp
Full Member
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Activity: 882
Merit: 126
★777Coin.com★ Fun BTC Casino!
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February 02, 2019, 12:59:04 PM |
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I have never heard the name of this coin, and for now I have to study first and see how this coin was developed,
if it is good to follow then I will try to join in.
I also have never heard or seen this coin in the market, so I did not invest because I did not know and the potential of this coin was good and whether or not it was also unknown It is not available on CMC but you can check the link on OP, actually it is very good coin to invest in short term for now because it looks more promising and able to give some huge profits in short time frame but in long term need to see going to moon or not. |
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Kopyleft
Member
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Activity: 168
Merit: 15
Future of Security Tokens
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February 02, 2019, 01:13:37 PM |
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Grin being accepted by bitcointalk was a major endorsement, ans got a number of people very interested in it, as this is the larger gathering of cryptocurrency enthusiasts. It would surely have been taking up by day traders for it's short term prospects.
Longer term investors would be studying it down the road, to see how the product grows.
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bigatenz
Member
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Activity: 132
Merit: 17
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February 02, 2019, 02:44:34 PM |
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because it doesn't have supply limit. .
Infinite supply is equal to high inflation but at these prices it's very risky to buy - untested, lots of coins still waiting to be dumped..
Grin likely a hype coin this year but we know that mimblewimble technology is very interesting protocol |
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my dream2021
Member
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Activity: 359
Merit: 61
︻┳デ═—
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February 02, 2019, 03:09:14 PM |
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I have no faith in this project despite the pumping which was not so long ago. I still think that all this is definitely nothing more than another batch of scam project. All this is very similar to this and this is just my opinion.
How you can say like that did you have proof about that ?
It is not available on CMC but you can check the link on OP,.....................
Grin already on CMC broh https://coinmarketcap.com/currencies/grin/ and volume 1 day $6,030,742 USD or 1,730 BTC |
"BTC Bitcoin is a man-made, open-source technology – not a gift handed down from the heavens" |
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disconnectme
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February 02, 2019, 04:51:52 PM |
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This could be a very good technology and I like the way the team go about the fair distribution but to buy into something that at the present the supply is still low is unwise, I could remember Zcash then when it got listed on exchange in the first- three weeks the price was raging and we know how that ended, I will wait to see the price stabilizes as more coins is mined
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zhekinsp
Full Member
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Activity: 882
Merit: 126
★777Coin.com★ Fun BTC Casino!
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February 02, 2019, 05:16:44 PM |
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I have no faith in this project despite the pumping which was not so long ago. I still think that all this is definitely nothing more than another batch of scam project. All this is very similar to this and this is just my opinion.
How you can say like that did you have proof about that ?
It is not available on CMC but you can check the link on OP,.....................
Grin already on CMC broh https://coinmarketcap.com/currencies/grin/ and volume 1 day $6,030,742 USD or 1,730 BTC Ohh right,few days back I checked for it but can't find so they maybe newly listed that coin on CMC but good information tho. |
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bitcoinsc
Jr. Member
Offline
Activity: 439
Merit: 1
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February 02, 2019, 09:45:40 PM |
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I bought in at 2.5. bought in again at 12$ now sold at a lost n holding at 2.5.
Bought sum beam coin while I'm at it. For a better tomorrow.
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Ethereum and Uniswap.
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Tstar
Legendary
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Activity: 1176
Merit: 1005
Decentralized Asset Management Platform
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February 02, 2019, 10:10:34 PM |
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I bought some to test the water as the coin is still not pumped hard, but its getting in the hype. I'm not sure about the trading volume though, because hotbit are well known to fake their trading volumes and the coins is with zero volume in OKex. My hope is that Binance will list it and the price will went 3-5x. |
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farlack
Legendary
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Activity: 1311
Merit: 1000
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February 02, 2019, 10:14:41 PM |
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Not yet, but I am going to. At the same time I heard something bad about grin, because these don't have enough funds for development and miners are greedy to share revenue. Another thing I am worried about is inflation model
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