Author Topic: Can anyone explain what is happening with GRS right now?  (Read 6740 times)

Offline nomad1109

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Can anyone explain what is happening with GRS right now?
« on: July 01, 2017, 01:51:09 am »
I mean I understand a bit about the cryptos, but haven't been active in almost three years now...

But GRS is rising, and hardly anything else is.

Is this the effect of being on the two new asian exchanges? Something else?

Most amazing part to me seems how resilient the price gains are right now over the past 2-3 days, while all the other coins topped out and are seeing everyone taking profits or scaling back as ETH and BTC have been doing as well.

Just looking for something I am missing... but I love it right now. :)

Offline indiamikezulu

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Re: Can anyone explain what is happening with GRS right now?
« Reply #1 on: July 01, 2017, 04:15:38 am »
Hey, nomad! GRS really is getting into its stride: adding wallets and exchanges, and consequently, new community members.

But I'd also throw in the notion of a 'chaotic equation' for cryptos overall: tens of billions of dollars have flowed into cryptos in just a few months. Newcomers are scrambling to get a foothold. Prices have gone up down and sideways.

I'd guess that at least 80% of GRS's recent good fortunes are a direct result of the devs' hard work, and the rest is the craziness of the times. But the mid-term and the long term look solid.

Offline jackielove4u

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Re: Can anyone explain what is happening with GRS right now?
« Reply #2 on: July 01, 2017, 02:43:56 pm »
I think it's because chinese just discovered GRS.
Good thing we had 3 years to set our fundamentals right before entering the chinese market.