Groestlcoin (GRS) price in the coming days/weeks - Why is extremely undervalued Asic resistant coin?
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It is ASIC resistant (like vertcoin) and since Bgold have helped spread more awareness for ASIC resistance coins it will be one of the most popular coins due to its ASIC resistance ability.
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Bgold is a new coin with little or no development for now, pre-mined extensively and disliked by bitcoin community; so Bgold will be sold for better Asic resistant tech coins like GRS and vertcoin. Bgold is supposed to be launched on trading platforms on 1st November, 2017 after which we can expect the price hike of GRS (and vertcoin ofcourse).
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It is not yet decided if holders of bitcoin will also get b2x on November 18th fork. People are confused and scared regarding the hard fork. So, the price of alts will continue to rise. Check the tweet: https://twitter.com/matt_odell/status/923627478098223104
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Korean first biggest alt coin exchange Upbit is launching next week anytime. This exchange will very soon become the World's top exchange. GRS is listed on it and will also be included with KRW pair. http://ift.tt/2y4Oicy https://twitter.com/GroestlcoinTeam/status/922717902716985344
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Next major Groestlcoin development release is schedule on 25th December, 2017. The price is expected to increase in anticipation of major release announcements. http://ift.tt/2iG3PgJ
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GRS community manager Jackie told us on telegram that GRS team is currently working on segwit support for all other GRS wallets (core GRS wallet has segwit activated). The lightning network and Atomic swap testing will come next. Once the news on testing with atomic swaps, lightning with litecoin, vertcoin, decred etc. will be out the price will rise significantly.
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Marketing campaign have just started. Many of the youtube crypto enthusiasts and crypto news channels have been approached to introduce GRS to public and they are now preparing for the same. For instance, The Crypto lark, datadash, boxmining, David Hey all have stated on their twitter/channels that GRS is next on their list to be evaluated for their followers. This will bring more awareness and price of GRS will skyrocket.
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The inflation rate of GRS is way lower than other coins (5 coins per block) this will keep the supply steady and given the high demand the price will keep on rising.
Hence, IMO the price is going to 2.5 USD to 5 USD within the coming days and weeks (conservative estimate). The price may also reach 10 to 20 USD by the end of this year.
This was my humble analysis for this coin. If you disagree with any of my points above or want to add more points for a positive and healthy discussion; please comment here; I'll really appreciate.
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