The Gridcoin Rocket

in #gridcoin7 years ago

Gridcoin has been a stable priced coin during the last few months, after the spike this summer. With a price of $0.03 - $0.04 for several months, the price has now started to move, ALOT!

During December we've seen an increased buy power, and today the coin broke $0.12. This coin has so much unused potential and is destined to become something really great. Browse the #gridcoin category for some great content.

We're now at record prices after the increased buy-power at the end of November.

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Most markets are going crazy for the moment. Please trade responsibly.

This post is not ment to be trading recommendations. It's only a current analyze of the market, please do enough research before trading. Never spend more than you can afford


Join Gridcoin Research+BOINC and Change the World

BOINC (Berkeley Open Infrastructure for Network Computing, pronounced /bɔɪŋk/ – rhymes with "oink") is a distributed work platform that has been around since 2002 (15 years now) and rewards all participants with a score. BOINC consists of over 500,000+ active users and many more computers. It is a popular platform for researchers to do large amounts of distributed work. The infrastructure is already in place, and no payment is required. Doing distributed work is purely voluntary, where users can attach any project of their choosing.

Gridcoin Research is a Proof-of-Stake (PoS) cryptocurrency that rewards Proof-of-Research (PoR) for BOINC computation based on the BOINC RAC (Recent Average Credit) score. Some requirements are for projects to be listed on the platform but are relatively easy to comply. There are currently ~20+ Projects included that the network rewards work done by users.


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Exciting times for crunchers and investors but also for the universities getting faster results!

Indeed it is. Gridcoin benefits so many more than just traders and holders. There are actual humanitarian benefits for science involved as well. I think that BOINC will soon see more than Universities on their platform, other than World Community Grid that is.

Gridcoin is one of the time-tested coins with real innovation and a real-world use out there. No need for an ICO, this coin has been doing cutting edge work for years! I don’t even own any, but I have admired GRC for a while; maybe it’s time to start investing when the price dips.

Go Gridcoin, go.

The only coin worth mining. And I don't mean just to make profit out of it.

I for one can't wait until @dutch finds a pulsar!

good analise i will investibg in some money

Honestly, it still boggles my mind how many cytrocurrencies are "valued" higher than Gridcoin given how great of a coin this is. The appreciation over the last 2 months in the price is well deserved - particularly as BTC has taken a hit over the last month. Now, if we can only surprass some of those stupid coins ahead of us that don't even have a website.

Good post you

Your posts are very good. I like. very beneficial for the reader

best regards. follow me and votes @radiasi

nice post dear god bless you

i will invest some money on this coin looks very good.

Hello, i would like to point out that a practical, widespread and usable crypto currency needs to fulfill 3 criteria:
1.) Low transaction cost - e.g. to buy a pizza without large addition costs
2.) Stable curency - e.g. if you sell the pizza you want to be sure that the currency is stable for the next days.
3.) Fast transaction - both people in the pizza place do not want to wait log to perform the exchange (pizza vs. currency)

I think Bitcoin does not fulfill most of the criteria today. However, we gridcoiners should not hope for an infinite rise. An slow and steady rise which covers a good fraction of the electricity costs would be a good plus point for GRC (thus of course depends on your electricity costs).

True, a stable and good fee structured coin is preferred.

However, this rise in price recently is most likely based on the fact that it's been undervalued for a very long time and as new users comes in they increase the buying power, as well as larger investors see the potential in the coin and invest.