Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Grin | PoW Mining | Electronic transactions for all. Community driven.
by
mindrust
on 19/01/2019, 19:57:31 UTC
I am already bored of mining this coin. Mostly because I learned that minimum pay out on f2pool is 5 grins. (mining on 1 card and it will take ages to get the coins out :/)

But I also realized, If the value is guaranteed to go down at least for the next 2 years because of the insane inflation rate, then why would I put any hash on this coin or buy it? Doesn't make much sense.

More people will think like me eventually and only the believers will be left to mine it. When they made their banks after a year or two, it may go up but it will still be a dangerous bet because only a handful of people will own huge number of coins and they may decide to dump at any time. The only good outcome (where the coin doesn't die and go up) may play out if the coin accomplishes a better scalability than bitcoin without sacrificing the security.

I'll invest $100 when the time is right. Not now.