Post
Topic
Board Speculation (Altcoins)
Re: Grin Observer - GRN/BTC - Price Movement and Discussion
by
Febo
on 18/09/2019, 23:15:37 UTC
@HairyMaclairy. In your opinion, will grin diseased dick itself to $0.50? What is your crystal ball showing you hehehe?

@Febo. 20 years, grin's inflation will be lower than 3%. The price will depend on adoption.

20 years is an eternity in crypto,  Why couldn't they just put a reasonable inflation rate at the start for grin.  Tech can be great but if price doesn't pump people wont care.

You cant start with reasonable emission rate. You start with 0 coins. then you add first day some coins and that day inflation is infinite. Second day you add same much emission ass first day and that day daily inflation is 100%. Third day you add dame and daily inflation is 50%, ....   You cant do it lower. It was same with Bitcoin. First days emission inflation was huge.

The issue most people have though is that GRIN won't have any halvings, it'll keep going with the same rate.

Some people find the halving as an insurance for the future, personally I see it as a pyramid where the few who found out a project early become millionaires if many poor souls join the party later.

More like a pyramid of death, since sooner or latter emission runs out to secure the network.

But a lot of people I see complain of situation right now. They dont even care what will be half year in future. Forget the 10 or 30 years ahead when Grin and Bitcoin will have some serious difference in emission.