So Grin is taking the place of Bitcoin hehe People are selling their valuable Bitcoin to stock grin.
I may also need to pay some attention to grin although I already have seen some spike recently. I hope it satisfies the crypto community.
It's not like this, but I want to keep some real altcoins for (1-3) years and then compare the change with BTC.
Almost will keep BTC, ETH, XMR, and GRIN.
I have considered buying it too, but for now, it looks like it's really hard for it to keep its price.
You need to know that since the GRIN emission rate is constant, the supply is made to be infinite.
My motives are not economic, but if we talk about it economically, I think your point is wrong.
As long as there is more demand "which looks like it will happen in the future," the price will rise but not at the same pace as Bitcoin due to mining.
Expected scenarios:
- Lots of sudden peaks and bottoms.
- Stable price but at higher levels "for example the price at $ 200 and the change of $ 1 and then rise to the barrier $ 500 and stability for a period with a change of $ 1.