Do you think it was interesting to conduct broadcasts in telegram within the community? for example, to attract speakers and listeners every week. for example, on the Telegram: Contact @grincoin channel
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I don’t think that would be interesting. Cryptocurrencies are full of talk, but talk is cheap.
The fact that GRIN does not attract attention is an advantage. It prevents pumpers and dumpers and other scammers from coming around. It’s so refreshing to come to this forum and not see a single spam post and attracting attention would ruin that.
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Maybe it’s time to change reality. you might have noticed that nothing new is happening. and all the old things are losing their relevance. not all members of the community are satisfied with this. therefore, holding an online conference is at least something new.
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Because of Grin coins tokenomics, a lot of early investors on YouTube got wrecked, I’ve noticed that everyone knows about grin, but they don’t realize that it’s no longer hyper inflationary like it was when it was first created.
We need to get the news out that not only is grin coin still alive and kicking, but it’s inflation is decreasing rapidly, and it’s starting to look an attractive investment.
Also, we have a dope new wallet thanks to ardocat that should definitely get some publicity and makes grin a lot more user friendly.
Ya I do think it might be interesting to have a telegram online conference weekly and or twitter (x) spaces or maybe also YouTuber that covers grin on a regular basis and has guest speakers etc. would be nice if we kinda had a public representative for the project that we could try and get to speak on other YouTube channels as well.
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Hyperinflation is a rapidly accelerating inflation [1]. Grin’s inflation rate at genesis was infinite (creating 60 Grin out of 0).
It’s been doing that ever since genesis, exactly like Bitcoin did in its first 4 years. Neither were ever hyperinflating.
The only difference is that Grin’s inflation rate is decreasing smoothly, like 1/n, while Bitcoin’s has some exponential bumps overlaid (2^-O(n)) to leave next-to-nothing for future generations to mine, and achieve a much higher wealth concentration on early adopters.
Grin is just a peer-to-peer currency. One (perhap the only one?!) that stays true to its ideals rather than serve as a way to make its creators rich.
There is no expectation of profit, and it’s not meant as an investment. Please don’t advertise it as one.
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When Grin loose purchasing power faster than waste paper, there is no ideals about peer to peer currency, scalability, privacy or simplicity features valid.
That is rowing against the economic and all money system ideals.
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While that wasn’t initial intentions for Grin creation, it’s traded on exchanges and surely becomes subject to market speculation. The price movements and overall volatility of Grin could attract investors looking for profits.
You could not have any expectations of profit, but others could clearly see it.
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All that may technically true tromp but let’s remember the original post here - was about having a telegram conference weekly broadcasts or whatever.
That being said, I think that would be a perfect place were you could make all these valid points about grin.
Personally I think every currency, has potential to create financial benefits for its holders, this is the very nature of markets and is in itself unavoidable, it also helps to stabilize value of the currency, in this case. Grin.
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Thank you for your opinions and ideas for discussion. you can discuss in this topic everything that is potentially interesting for grin users. I plan to create a public platform for discussions. I need speakers and assistants for broadcasts.
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Sounds good to me. Would be happy to come talk about how grin fits into broader space imo sometime. A show every week sounds kinda ambitious…
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You’re probably one of the smartest guys here too stupid to see that the fate of Grin is sealed.
The regular coin issuance greatly sets back the plans of pumpers and dumpers. GRIN will soon reach a new all-time low, so the front-runners that bought it trying to dump it on greater fools after hyping (events, talks, advertisements) will be punished as they will be unable to profit off the foolishness of others.
That is one of the features of GRIN that makes it attractive for me. I am preparing for the moment when GRIN reaches a cent (and will probably reach half a cent in the future years). The only way to counter the inherent depreciation of GRIN is through productivity, which is what actually matters in an economy. If the coin holders of GRIN do not want to help on building one, they will get their natural reward which is a depreciating currency.
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Indeed its continous supply makes grin the most hord resistant coin out there. Half a cent as price, I wish, then I could become a Grin millionaire, but I doupt that is in the cards.
The price is only determined by supply and demand, and I woukd dare say that in crypto demand is mostly driven by speculation and only very limited by real world economic use.
With about 50,000$, a person could easily own just over 1% of the total Grin supply. Since inflation is %16.5 and decreasing steadily, it would be fairly easy to hold and maintain the 1% of total supply indefinitely.
An analogy I like to tell people is this: imagine you drop drops of water on a table, at first you can easily see the size of the puddle increase with each drop, but eventually, the drops becoming nearly meaningless compared to the size of the puddle, so it is with grin coin emissions.
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With about 50,000$, a person could easily own just over 1% of the total Grin supply.
What is your point? If one controls 1% of the total supply, there is still 99% not in their control, correct?
it would be fairly easy to hold and maintain the 1% of total supply indefinitely.
No, the 1% yearly inflation rate takes over a hundred years to reach. The miners can make way more than 1% of the total supply every year. That is why it is a stupid strategy to try to corner the market from buying GRIN: the miners will ensure that there is more GRIN available, even if some group is scheming a pump-and-dump. The miners will dump ahead of the scammers.
Maybe that’s how it was when grin coin first came out, but grin has been going for many years now man. We way down here on the chart now friend, that old paradigm of “don’t hold grin” that was first pushed by all the people who originally tried to invest in grin when it first came out is fading fast!
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听到你们说的价格，心里拔凉拔凉的，都是一些吃人不吐骨头的人
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@pengliangfui I think you midunderstood my post. My reply is to the price given by @fredericomba, that I think that is very unlikely to happen but that if it happened, I would be happy because I could accumulate more Grin.
@pengliangfui 我覺得你誤解了我的帖子。我的回覆是針對@fredericomba 給出的價格，我認為這種情況不太可能發生，但如果發生了，我會很高興，因為我可以累積更多的 Grin。
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Maybe that was the idea, it just wasn’t voiced by Ignotus.
Not only a constant issue of 60 GRIN per minute, but also a constant capitalization of ~ 50 BTC 