Quote from: tranthidung on May 13, 2019, 02:02:42 PM

Quote from: CjMapope on May 13, 2019, 01:50:03 PM

ya with all the new ASICs launched down and down grin goes.
i was wanting to grab some more, but now im thinking its just gonna keep going down : /
fiat wise i guess its doing not bad tho, 2$

Personally, Grincoin is interesting altcoin, but I might try to patiently waiting next 6 months to buy the coin. I wish that I might have cheaper price to buy Grin coin. In addition, I also hope that next 6 months, GUI wallet will be available for non-technical users. Such GUI wallet will help Grin coin to catch more investors' eyeballs as well as capital flow, that in turn might help Grin coin rallying from its bottom (if we actuallly see Grin Coin bottom within next 6 months).

ASIC miners won't cause the price to dump, ASICs are not evil by definition, they might be handled correctly and I believe the GRIN team is handling them the best way I've ever seen with their roadmap.

I believe that in the current prices, ASICs will pump the price. Here's my reasoning,
With GRIN being so low in market cap (#175-#200), there won't be many or even any opportunist ASIC buyers who are buying an ASIC in order to make a quick cash from the rising prices.
The ones who will buy an ASIC will be investors who believe in the strength and future of GRIN and they are willing to mine for a loss in order to accumulate coins and support the network.
This should essentially push out c31 GPU miners who are just mining whatever algo is more profitable and exchange everything they mine to BTC because they happen to have a strong GPU.