Grin Observer - GRN/BTC - Price Movement and Discussion

[HairyMaclairy]

MimblewimbleCoin airdrop for Bitcoin holders, this could be a real competitor to Grin, assuming no premine shenanigans.

https://youtu.be/0ZJ6X_Ux1SE

It’s a total shitcoin

https://forkdrop.io/mimblewimblecoin

You have to register your address and they are keeping 2 million as a premine.

[RivAngE]

Anything that comes out right now out of the blue is automatically a shitcoin, don't give them your funds guys!
Any serious project would have at least some months of development before launching, for example GRIN is being worked for at least 1 year.

Anything that just forks GRIN and puts a shiny whitepaper and marketing sauce is an obvious scum.

[Cryptotourist]

Grin has definitely succeeded in perfectly following the general path of altcoins from November 2017 to February 2019 within just 15 days:

Indeed, good point.
It's moving fast forward.
Monero year two in Grin time, is already in.
I can't even speculate on it's price 2-3 years from now.

[boomboom]

MimblewimbleCoin airdrop for Bitcoin holders, this could be a real competitor to Grin, assuming no premine shenanigans.

https://youtu.be/0ZJ6X_Ux1SE

It’s a total shitcoin

https://forkdrop.io/mimblewimblecoin

You have to register your address and they are keeping 2 million as a premine.

Ouch, Good idea to airdrop on Bitcoin, but 10% premine is too high.

If someone does a mimblewimble airdrop coin without a premine, like what Bitcore did, could be a contender. With Bitcore you claimed by signing a message with your private key, was totally safe.

[VB1001]

Andreas Antonopoulos

Beam for Store of Value and Grin for Medium of Exchange via MimbleWimble Protocol

He further remarked on the Grin Project saying the open-source project started two years ago was built to bring the MW protocol to life through implementing the coin. The grin project is an open source project that is crowd-funded by its community members to develop and improve the privacy and scalability of the protocol.

https://bitcoinexchangeguide.com/andreas-antonopoulos-beam-for-store-of-value-and-grin-for-medium-of-exchange-via-mimblewimble-protocol/

[RivAngE]

Andreas Antonopoulos

Beam for Store of Value and Grin for Medium of Exchange via MimbleWimble Protocol

He further remarked on the Grin Project saying the open-source project started two years ago was built to bring the MW protocol to life through implementing the coin. The grin project is an open source project that is crowd-funded by its community members to develop and improve the privacy and scalability of the protocol.

https://bitcoinexchangeguide.com/andreas-antonopoulos-beam-for-store-of-value-and-grin-for-medium-of-exchange-via-mimblewimble-protocol/

Isn't BEAM 100% ASIC though? I prefer GRIN's approach of using both ASICs and GPUs in their network and I prefer to support this approach with my money.

[Cryptotourist]

Isn't BEAM 100% ASIC though? I prefer GRIN's approach of using both ASICs and GPUs in their network and I prefer to support this approach with my money.

Agreed.
But it's only going to be for a limited time before it also turns full ASIC.
Closer to that time, GPU mining will be non profitable I imagine.

[mindrust]

Andreas Antonopoulos

Beam for Store of Value and Grin for Medium of Exchange via MimbleWimble Protocol

He further remarked on the Grin Project saying the open-source project started two years ago was built to bring the MW protocol to life through implementing the coin. The grin project is an open source project that is crowd-funded by its community members to develop and improve the privacy and scalability of the protocol.

https://bitcoinexchangeguide.com/andreas-antonopoulos-beam-for-store-of-value-and-grin-for-medium-of-exchange-via-mimblewimble-protocol/

Isn't BEAM 100% ASIC though? I prefer GRIN's approach of using both ASICs and GPUs in their network and I prefer to support this approach with my money.

Being %100 ASIC looks very innocent compared to the 20% tax you are paying to the beam devs for every beam you mine.

I can't believe Andreas is actually shilling this piece of shit as a store of value.

[HairyMaclairy]

Let’s be clear.  Andreas is not sayin they are an SOV or a MOE - he is just saying that is how they are described by their teams.  

[Globb0]

This is the Grin observer thread

Don't make me ban you from the forum!


Now show me that Grin

[Cryptotourist]

Was that a bounce?
Did you hear something?

Edit: pfff

[LFC_Bitcoin]

Still haven’t bought, this is the first time I’ve checked the price in about a week & it’s dumped hard. I guess that was to be expected. I’m not even sure if I’m interested in GRIN but I’m going to have to buy at some point incase it does moon in a few years. I’d kick myself for not having any when I knew about it when it was cheap.

When would anybody suggest to buy? Will it go lower?

[HairyMaclairy]

I sold all of mine some time ago.  Am watching but not seeing any sign of price stabilization so I am staying out.

[_javier_]

I guess Grin should have a windows wallet or something easier to store coins.. and then we can talk of bigger exchanges and price rise.

[Globb0]

Grin Judas!

Burn him

[HairyMaclairy]

There were ~2.6 million Bitcoin mined in the first year.

Grin will achieve that in its first month.  And continue to do that forever.



We need to be careful with this one.

[cryptomaster420]

Great coin, but the very fact that bitcoin maximalists who call everything but BTC a scam went behind it should tell you that this recent pump was just another crypto celebrity pumping Grin by shilling it to their followers.
MimbleWimble has a bright future, but in the future it will just be a BTC/BCH sidechain and Grin will bleed off.
I'd buy at $2 though, I think there's a few pumps left in this puppy.

[bbc.reporter]

I guess Grin should have a windows wallet or something easier to store coins.. and then we can talk of bigger exchanges and price rise.

Agreed. However, I reckon Grin is following Monero's development style by creating a stable protocol first before developing a graphical interface. I see this as an opportunity to invest early before the mainstream get quick rich people enter.

[Dragonrage201]

GRIN could be a good long term investment but may be better to wait some more time than buy at these prices. It could go lower to $2 - $3.

[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.