Bitcoin Forum
May 05, 2024, 05:13:01 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 [8]  All
  Print  
Author Topic: grin is now accepted for forum payments  (Read 5857 times)
theymos (OP)
Administrator
Legendary
*
Offline Offline

Activity: 5194
Merit: 12972


View Profile
November 14, 2021, 05:37:40 PM
Merited by isaac_clarke22 (2)
 #141

Does there any available stats about how many users used Grin to purchase the Copper membership? Anyway to know if users are still using this option?

In last replies, there was an unsolved issue about Grin network. Posters didn't update about it.

*Sorry about bumping this old thread. I think i can post my qustion here without the need to create a fresh meta topic.

There were a total of only 10 grin transactions. Currently grin is not accepted because it broke a while ago and I never got around to fixing it.

I personally bought from the forum all of the grin received, at the market price when it was received: 80.128295191 grin for 0.0118213 BTC. Not my most successful trade... Wink

1NXYoJ5xU91Jp83XfVMHwwTUyZFK64BoAD
1714929181
Hero Member
*
Offline Offline

Posts: 1714929181

View Profile Personal Message (Offline)

Ignore
1714929181
Reply with quote  #2

1714929181
Report to moderator
1714929181
Hero Member
*
Offline Offline

Posts: 1714929181

View Profile Personal Message (Offline)

Ignore
1714929181
Reply with quote  #2

1714929181
Report to moderator
You get merit points when someone likes your post enough to give you some. And for every 2 merit points you receive, you can send 1 merit point to someone else!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714929181
Hero Member
*
Offline Offline

Posts: 1714929181

View Profile Personal Message (Offline)

Ignore
1714929181
Reply with quote  #2

1714929181
Report to moderator
1714929181
Hero Member
*
Offline Offline

Posts: 1714929181

View Profile Personal Message (Offline)

Ignore
1714929181
Reply with quote  #2

1714929181
Report to moderator
pooya87
Legendary
*
Offline Offline

Activity: 3444
Merit: 10549



View Profile
November 15, 2021, 05:30:52 AM
 #142

80.128295191 grin for 0.0118213 BTC. Not my most successful trade... Wink
0.0118 to 0.0004

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
PrimeNumber7
Copper Member
Legendary
*
Offline Offline

Activity: 1624
Merit: 1899

Amazon Prime Member #7


View Profile
November 15, 2021, 06:56:20 AM
 #143

I personally bought from the forum all of the grin received, at the market price when it was received: 80.128295191 grin for 0.0118213 BTC. Not my most successful trade... Wink
You had previously claimed to have mined in 2010. If you still have any of the coin you mined from 2010, I can more or less guarantee that you will never have a trade that is more successful than that trade.

There are estimates that it cost approximately $0.069 to mine a block in 2010, which is equal to approximately 0.138 cents per bitcoin.

To state the above in a different way, since 2010, the if someone were to acquire a bitcoin at a price of 0.14 cents, they would have increased their investment by approximately 457,000x.

For comparison, Peter Tiel, in 2004 purchased Facebook shares at a price that gave it a $5 million valuation. Facebook is now worth approximately $948 billion, or ~189,000x what it was worth in 2004, however Tiels investment was likely diluted, probably at least by a factor of 2, if not more, so the actual return would be something along the line of an upper bound range of ~90,000x. For Tiel to have a better trade than theymos, the market cap of Facebook would need to go to ~$4.18 trillion while bitcoin stays flat.

IMO, the only coin that has even a 1% chance to exceed the market cap of bitcoin is etherum. The low price of etherum was around $0.66 in 2015. However due to differences in the available supply, this is equal to approximately $4.1. In other words, if someone had purchased etherum at its $0.66 low in 2015, in order to realize a 457,000x return, the price of etherum would need to reach a rate that would be similar to bitcoin being at ~$27.06 million per bitcoin.

In other words, someone that mined bitcoin in 2010 and has not yet sold is going to see investment returns that will not be seen again in their lifetimes.
LoyceV
Legendary
*
Offline Offline

Activity: 3304
Merit: 16599


Thick-Skinned Gang Leader and Golden Feather 2021


View Profile WWW
November 15, 2021, 07:29:11 AM
 #144

You had previously claimed to have mined in 2010.
Theymos's first (or at least oldest remaining) post:
I thought BitCoin only generated in 50 coin increments, but I got 50.44 here.
Admin was so clueless back then Cheesy

PrimeNumber7
Copper Member
Legendary
*
Offline Offline

Activity: 1624
Merit: 1899

Amazon Prime Member #7


View Profile
November 15, 2021, 07:38:22 AM
 #145

You had previously claimed to have mined in 2010.
Theymos's first (or at least oldest remaining) post:
I thought BitCoin only generated in 50 coin increments, but I got 50.44 here.
Admin was so clueless back then Cheesy
I will say this: if someone wants to send me an extra random 0.44BTC, I will not complain about it  Grin Grin
OgNasty
Donator
Legendary
*
Offline Offline

Activity: 4732
Merit: 4239


Leading Crypto Sports Betting & Casino Platform


View Profile WWW
November 15, 2021, 09:16:23 PM
 #146

I personally bought from the forum all of the grin received, at the market price when it was received: 80.128295191 grin for 0.0118213 BTC. Not my most successful trade... Wink

Still beats the deal you made with Slickage.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
coupable
Hero Member
*****
Offline Offline

Activity: 2338
Merit: 757


View Profile
November 15, 2021, 11:33:46 PM
 #147

Does there any available stats about how many users used Grin to purchase the Copper membership? Anyway to know if users are still using this option?

In last replies, there was an unsolved issue about Grin network. Posters didn't update about it.

*Sorry about bumping this old thread. I think i can post my qustion here without the need to create a fresh meta topic.

There were a total of only 10 grin transactions. Currently grin is not accepted because it broke a while ago and I never got around to fixing it.

I personally bought from the forum all of the grin received, at the market price when it was received: 80.128295191 grin for 0.0118213 BTC. Not my most successful trade... Wink
Only 10 transactions since lunch! I guess This is out of expectaction for all of us.
Well, the most important for me that the payment system with grin is always live. And how bitcointalk community didn't get hyped by "Grin accepted by the number one crypto forum".
Pages: « 1 2 3 4 5 6 7 [8]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!