And i thought Grin won't launch it's mainnet anytime soon. But looks like the client is far from user-friendly and only mid-high end GPU can mine GRIN for now.
Any chance you'll accept another cryptocurrency (XMR, ETH or perhaps DOGE) soon?
XMR is possible, but probably not the others.
I guess I have already proven my point. Didn't expect it this quick though.
24h Low / 24h High
$6.92 / $261.65
Imagine FOMOing and buying it for $261.65.
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 (see my comment
here), and we could at that point see an upward price trend. Even at $1 it'd be an extremely risky investment, but in any case it's an extremely
interesting piece of tech.
And I'll be periodically adjusting the forum exchange rate, BTW.
We are in a forum where we are suppose to support bitcoin. Everything we do to promote bitcoin but when a character like theymos indirectly publicly vouch for something else then it will create a mess for sure.
Satoshi created Bitcoin and this forum in order to change the world, not to create a "Cult of BTC". In fact, Satoshi
recommended creating Namecoin, the first altcoin. (Though Namecoin ended up being one of the bolt-stuff-onto-cloned-Bitcoin systems that I've never really respected.) I'm not going to start jumping on every alt bandwagon and treating every cryptocurrency as just as good as any other, nor do I believe that grin is currently anywhere close to BTC in terms of overall utility. But grin has true merit, and 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.