“institutions are coming”
absolute lol
“institutions are coming”
absolute lol
Yeah, I’ve noted the pricing for accurate data I’ve got incomplete tick data for BTC/GRIN from Poloneix( there are some days where x hours are missing). VWAP @ 53209, Mode @ 2700 ( VPOC)
Cool chart. What’s the red spikey stuff over on the right?
Nice, thanks for sharing. That makes the VWAP ca. USD5.29 at current BTC/USD and VPOC of about USD2.69 - right? Looks a buy to me around $2.70 or below from this and other analysis…
I’d guess those are the volumes traded at the given price level. Where you get a big spike that’s a volume point of control (VPOC) or a local support level. Big spike is at around 0.00027 BTC.
What @FirsArgentum said.
VPOC= Red line= the ‘mode’ of that spikey stuff( volume distribution across all prices that Grin has traded at)
Nice, thanks! Did you make the chart? If yes, what program are you using?
Institutions are already in on Grin
“There is (by our conservative estimates) 100 million dollars of mostly VC money invested into special-purpose investment vehicles to mine Grin”
IMHO Grin needs serious exchanges so speculators can start trading it. Cough, Binance cough. Everywhere Volume has been really low. Ravencoin has the same characteristic as Grin, and it game started when the coin got listed on Binance.
Grin needs bigger community and better explanation of its magic technology behind it. I am not a tech guy, but I know Grin since January and I still don’t fully understand many of its concepts. Most people are scared shitless when they hear, there are no addresses… You know why? Because they are very afraid of loosing their money…
A better explanation of Grin and user friendly features are mandatory for this technology to succeed.
Just my 2 Grin…
Best,
Andro
Fixed
I think it will definitely hit Binance, it’s just a matter of when more than an if
If it doesn’t win while ignoring playing the shitcoin economy it’s not worth it, and exchanges charging to list is pure shitcoin.
Volume could be better but more radical (as in the size) ideas need to be created & tested. More volume means more money, money comes from businesses, if we have more uses for Grin and more platforms to use Grin, more people will join the community. We have very profitable mining, and developers who work with the community and listen to feedback & concerns to keep the blockchain running smoothly. As long as the community doesn’t have a thing for tax evasion we can be in favor of the SEC when a better administration takes over. We’ll generate tons of Income tax for their debt they can’t pay off. But if it keeps them happy they’ll make sure us and the rest of the crypto community is taken care of. That’s why I’m for investing in mining, it paves a better path for the globe. Also, I think every time we ditch a Pow there should be a back up Coin dedicated to mining Cuckatoo31 and uses the profits the from GrinCuckatoo31 to control Volume also using profits from Cuckarood29. This keeps Miners Asic Investments secure without destroying our path.
The red numbers are a little bigger than the green numbers…
Lol at the guy who said I was crazy. Like I said, it looks like a much bigger version of what happened in the first circle. Complete retrace of the move followed by long periods of sell off. Could bounce from 0.0003. I’m still skeptical. This whole move was a simple pull back into more sell off in a large scale bear market. I stand by what I post, holding zero Grin’s, I didn’t get to sell the top but sold a lot higher than where it is now. I’ll revisit once we go somewhere close to 0.00015.
Ciao
Call me crazy,
Lol at the guy who said I was crazy.
Crazy
How low are we looking at going currently
This low?
Hi please come and see some of the marketing threads and give you 2 nGrin worth of opinion. It would make a difference.