I’ve been an grin enthusiast since it’s inception, and I would love for it’s price to perform better. In the meantime, is there a place where I can borrow grin so I can short the market?
I don’t know any place like this. The main problem would be to make an enforceable well-defined contract. Maybe it is technically possible to make some kind of swaps with BTC?
You can short Grin pretty much everywhere. Just make sure you don’t short it under 2 cents
Why not short under 2 cents? Are you calling a bottom?
The bottom seems to be 1 DOGE.
Because of huge buy walls around two cents We won’t let Grin price go negative
And if this doesn’t work I call the bottom at minus one cent
Since a while grin is priced well under 1 doge. Fun-fact: At the moment grin price corresponds to the sum of top10 countries minimum wage.
Oof. That’s one more zero than I think people are prepared to endure.
Dont borrow too much - Grin can rebound back fast. 2024 we could see 25-30 Cents
I think there is a good chance for an approximate double bottom and some recovery during the coming bull-run. But I Iike your prediction graph, it would probably hold true if there were no such things as bull-runs and Alt-seasons.
Would it not be even more interesting if Grin would start its ‘stable coin’ phase soon, not having much up or down movement?
Can we get some whales to short it, so we can GME this already?
GME, sorry, I do no know the abbreviation?
It’s the ticker symbol for GameStop Corp. GME was an example of a massive short squeeze causing a price pump
What would happen, If the liquidity of grin would rise? If you could buy and sell some month, or even years, with a spread of 20% or less. What kind of incentives would that imply? Would that give the intensive to people to provide liquidity?
If there was a nice AMM bot (open source so I can audit it) that works with TradeOgre, I would provide some liquidity
Happy new year everyone!
So I don’t mean to complain but why has GRIN/BTC price doubled recently? Did I miss something or is it market manipulation
Could be manipulation, or simply part of AltCoin rally (though I do not consider Grin an AltCoin).
Also two technical reasons perhaps:
- Grin Gui wallet is ready for testing with many great improvements such as a) Parallel Initial Block Download (PIBD), b) contract flow, c) bidirectional payment proofs, d) safe canceland better handling of self spends.
- CoinSwap ready for testing (now includes some automatic tests to run thanks to Scilio).
Those were however on the horizon for long, so not fully explaining any sudden price jumps. Best not to put too much value on short term price. If Bitcoin would have a major crash, other projects including Grin would be affected as well.