Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Grin | PoW Mining | Electronic transactions for all. Community driven.
by
Texacha
on 27/01/2019, 18:24:49 UTC


At first you have catastrophic inflation that no amount of hype can overcome, 100% per day on the second day. Then it settles down at least a little, maybe 10% per day, now the early days hype can overcome it. But hype is transitory, inflation is like the tide. Inflation will break the back of the hype machine and we will see a long price decline for 6 months to a year minimum. Difficulty tracks the price so it should be easy to mine again during that lull. I plan to be mining a lot during that time.
Great. Now tell me what coin doesn't have 100% per day on second day? Or some coins have halving on second day? Cheesy
Look Raven for example. First 4 years have same inflation like GRIN. Every day new 7.2 mil coins mined , every day, first 4 years.