Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Grin | PoW Mining | Electronic transactions for all. Community driven.
by
Hueristic
on 26/03/2019, 03:07:16 UTC
What you are saying is simply not true. Why are Beam and Bitgrin also going down when they have an emission schedule akin to Bitcoin? Why is XYZ shit coin also going down when it to has an emission schedule akin to Bitcoin? Why is Bitcoin itself going down? The reality is we are in a bear market and the likelihood is that even if Grin had Bitcoin's exact emission schedule price would still be down and moon boys would still be sad.

Grin is aimed at becoming a medium of exchange, however, it's not going to become a medium of exchange any time soon. It needs to become a store of value first- It needs to retain it's purchasing power before anyone accepts it as tender. The creators of Grin never designed it not to become a store of value, they just designed it not to become the BEST store of value for initial investing.  It seems many don't understand this.

FTFY Tongue