Monkyyys market shitposting thread

I have no idea if this is true, but word on the streets is India is buying Monero, ZCash and Grin because of the 10-year-imprisonment-bill-for-crypto that was proposed.

The strange thing about this Grin rise is that almost the entire crypto market is down over the same time period.

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let me know if you find out, I’m not sure if they are for sale.

It is Beitar Jerusalem FC.

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I have got a look at the Google trend for each of these cryptocurrencies in India and it does not look like there is more search than usually on them. I would be interested to know about it, I follow the French Senate move on the taxation of cryptocurrencies and their wish to forbid anonymous cryptocurrencies to the residents for the reasons sum up below :
-the lack of control of the anonymous cryptos,
-the risk of fraud,
-money laundering,
-tax evasion.
They mention Monero, Pivx, DeepOnion, Zcash and “…”
It is an advertisement for the anonymous cryptocurrencies whereas the 500 € bill and the cash are on their way to be progressively withdrawn from circulation. What is interesting is that it is specified at the end of the official summary that the crypto market has to be regulated in a way to lure entrepreneurs of the sector but at the same time the goal of regulating is “to avoid compromising the monetary unification”. When the crypto market will be able to compromise the European monetary unification, we will have reached the mass adoption step. It is surprising that politicians can fear that and can be able to mention it in an official text. It shows their feeling about the importance that crytpocurrencies could reach in the future.
The link to the text of the National French Assembly is below, you will find the part I talk about in the very last paragraph of the “Avant-propos du Président”.
http://www.assemblee-nationale.fr/15/rap-info/i1624.asp

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The price increase correlates directly with shoe designs…quick design more shoes!!!

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I would like to remind everyone of march 28-31

Lets see it hold this price point for say 4 days before being hypes


IMHO Grin will need some time between 1-3 years of active development and meaningful achievements, before it becomes really valuable in any non pure hype driven speculative way. Looking forward.
Anyhow it could also just be used as a whale format pump and dump game during the next bull run. As for any other low cap coin for this scheme the tech doesn’t matter here.
Either way I am still not sure if this is the right time of acquisition.

That’s good. The only times that I have been absolutely certain of something in my life, I’ve been wrong. :slight_smile:

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I guess this is also a good entry for buying, although I bought some at 2.2x
image
market rank is from 17x to 139, quite good within some days.

Grin markets on poloniex are currently frozen.

Edit: aaaand we’re back.

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Grin trading at $3.79 cf. Coingecko and up to #111 in terms of market cap. Could break into the top 100 cryptos by cap. in the next few days if this momentum continues… :smile:

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Wow, Grin in the top 6 on polo in terms of ₿ trade volume today, plus we’re seeing a nice surge in USDC volume. Polo donates a % of trade volume to development so it should be a nice donation this time around. WEW. Go team!

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Maybe binance incoming.

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Everyone’s buying privacy coins for some reasons. Look at XZC - the other I mine sometimes. Notice all true, super-privacy coins are up 20% across the board…

Thing is, all these buyers are buying into sell walls. Those sells are probably the miners who’ve stashed away thousands of coins. Whoever these buyers are, they’re finite and way smaller than the ocean of miner reserves. At some point soon the bottom pressure will evaporate. Probably before sunset tomorrow.

But either way, this is a big day that put Grin on the map, and Grin is here to stay. It was touch and go for a while, but it seems Grin’s a keeper.

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Is your prediction based on some quantitative analysis or just a gut feeling?

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Everything I say is based on pure bullshit. :grin:

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I’d say the groupthink in this thread pretty much called the bottom. Hope you all got a nice bounce after buying at 0.0003

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The eponymous 3-y’d primate has gone very quiet lately… what gives?

We’re headed for fun now. Binance, Bittrex and everyone else is closing to America. ISPs are regulating VPN access too. About a 1/3 of cryptos are held by Americans and they’re going to be illiquid in 90 days. Tunneling through other servers is possible, but will limit any professional volume. I’m not sure Grin is benefitting from India so much as America and the beginning of true crypto winter.

I’m predicting all majors to fall like a stone as the news gets out this week. I expect Grin to stabilize here or grow with all this. I think therefore you’ll see Grin/BTC ticker go way up.