Quote from: TheNewAnon135246 on January 17, 2019, 04:32:03 AM

Grin has a retarded inflation rate. How do you think its price will remain sustainable?

Quote from: Lauda on January 17, 2019, 06:18:35 AM

While I am fond of Mimblewimble, whoever decided the coin specification decided to create a serious flaw.

Quote from: TMAN on January 17, 2019, 06:38:28 AM

Doge 2.0 with some bells on? Idea is sound, but sounds like Cryptohunter sorted out the supply

Quote from: m0gliE on January 17, 2019, 09:50:02 AM

I don't understand...
60 Grins created every minute forever...
Isn't it the very definition of perpetual inflation? Oo

What exactly is so terrible about the price history of DOGE? You could have done a lot worse holding many other coins. It is worth more now in terms of USD than it was even at the peak of its early pump.

I watched this early pump, I was there, I had some sells in my trade history in the 240s.

Doge has always been one of my favorite cryptoCURRENCIES..
I love sending doge around for its small fees, confirmation speed, high liquidity, can send micro amounts, great CURRENCY..

Yeah sure it's not deflationary like BTC and you probably won't get rich hodling it long term like BTC, but BTC is more aiming to be the most secure store of value and not necessarily to be used for everyday small payments.

The FEDs in charge of fiat currencies do have a bit of a point about inflation keeping the currency flowing, they don't do that by accident..
High deflation stops currency flow in its tracks. Their are plenty of threads about why people don't spend BTC..

Quote from: theymos on January 17, 2019, 12:52:13 PM

Since the inflation rate is so high in the first ~year, I think it will probably go even lower, probably under $1, and I'd expect the price chart of the first year to be a general downward trend. Again, I don't particularly recommend buying this stuff, and I myself am not going to be buying large amounts soon. But if it survives for several years and ends up competing effectively with other coins on scaling and privacy, then the inflation rate starts becoming reasonable even despite its unlimited supply

I think it could be the best CURRENCY yet, to actually be used as a currency..
So what if Grin will only be $0.01 each in a few years. You can still send $1,000,000 if you have enough of them..

Quote from: theymos on January 17, 2019, 12:52:13 PM

Satoshi created Bitcoin and this forum in order to change the world, not to create a "Cult of BTC".
if you're interested in Bitcoin for the same reasons that Satoshi created it (freedom, privacy, and interesting tech), then grin is worthy of acknowledgement.

I think their is a righteousness to the emissions rate of GRIN. The early miners aren't going to get instarich with an instamine, no premine, no ICO, and a good inflation/deflation rate in the long term for a CURRENCY..

Quote from: theymos on January 17, 2019, 03:11:49 AM

the first really impressive, true scaling solution in crypto.

Isn't this the holy grail of cryptocurrency? To be able to truly scale and be able to do what we naively thought/hoped that BTC would do?
Bring crypto to the masses, everyone from the rich to 3rd world countries, affordable for the poor, everyone can use it to buy their coffee every morning..

This is what we need if we are going to take the power away from the elite and banks. Eliminate the last excuses to use fiat..
We all can't use BTC or any other altcoin for every transaction we all make. All of the transactions simply will not fit in any crypto while still achieving decentralization.

Can GRIN do this? Can GRIN compete with VISA and remain decentralized and immutable with a fixed supply and no trust in 3rd parties?

Isn't this what we have been waiting for to change the world?
Or is everyone just interested in what they can make a quick $ off of..