Just when you think things are getting simpler, then all on a sudden incidents like this appear. these kind of incidents make a bad impression on the outside world and bitcoin community.

interesting...amazed this coin doesn't get more volume....when will Bitshares 2.0 drop?

PM their info to me and I can see what we cann do  

This is very interesting project...I have about 20k usd to invest I am thinking it may be a good idea now than later to invest?

This is possible in say, 50 years plus time.  I do not selling this as a possible thing in the future I am looking at.

How profitable is creating coins exactly ... each day we wake up we find another new thread on the Altcoin section which claims to be the next generation cryptoo currency and it will replace bitcoin etc .

so i want to know how much you should spend to create an altcoin and how much is the profit exactly ?

What do you think? Is it possible for Bitcoin to get accepted as a national currency for any real country? It would be definitely amazing, but I'm sad that governments are scared of Bitcoin, because they can't track it like the banks they own. I heard about "mini-country" ( country in a country ) called Liberland with a cryptocurrency as their main payment method. Please reply here what you think and if you would be happy or not if your national currency is BTC.

What alts do you see making it in the next year?

Leak Shows That Hacking Team Targeted Cryptocurrency

By hacking targets' systems, grabbing their wallet files and waiting for victims to enter passwords, Hacking Team eliminated the anonymity cryptocurrency users seek.

Hacking Team, the creator of a digital remote-access and surveillance platform, had specifically targeted Bitcoin and other cryptocurrencies to allow government officials and law-enforcement agencies (LEAs) to follow the money, according to email messages stolen from the company in a breach earlier this month.

The messages, posted publicly by Wikileaks, indicated that the company's platform for compromising and monitoring targets' computers, known as the Remote Control System, gained new functionality in 2014 to track the use of Bitcoin, LiteCoin, Feathercoin and Namecoin. The software update allowed the copying of the target's wallet, transaction history and contact information.

Hacking Team focused on Bitcoin and three other cryptocurrencies as tools criminals used to launder money, despite efforts to foster legitimate markets for the digital money.

"Cryptocurrencies are a way to make untraceable transactions, and we all know that criminals love to easily launder, move and invest black money," Daniele Milan, operations manager for Hacking Team, stated in one email hosted by Wikileaks. "LEAs, by using our Intelligence module combined with this new capability, can correlate the usage of cryptocurrencies, defeating the financial opacity they provide."
In early July, hackers took control of the Milan, Italy-based Hacking Team's Twitter feed, announcing that they had breached the company's network and stolen 400 gigabytes of sensitive business communications and email messages. The company decried the attack, calling it a criminal act.

"Make no mistake about it, what happened earlier this summer in the attack on our company was a reckless and vicious crime," David Vincenzetti, CEO of Hacking Team, said in a statement on July 14.  "We have reported it to Italian authorities who are investigating, and we expect the authorities of other nations to be involved as well."

The company developed a module, dubbed "Money," for its platform that could search for cryptocurrency data on a compromised system, according to emails. The inclusion of cryptocurrency tracking functionality in the software is unsurprising, given law enforcement's interest in Bitcoin, Andrew Conway, a research analyst with messaging security firm Cloudmark, told eWEEK.

"Drug purchases, illegal goods purchases, unlicensed gambling, and one we see all the time, ransomware, is facilitated by Bitcoin," he said. "Obviously, if you are in law enforcement, you are interested in these transactions, because Bitcoin is an annoyance and will end up being more than an annoyance."
The most interesting fallout from the Hacking Team breach is the sudden disclosure of a handful of highly critical vulnerabilities: three in Adobe Flash, one in Internet Explorer and another in Oracle's Java. The company that brokered the sale of one of the Adobe Flash vulnerabilities to Hacking Team shut down its program for buying and selling vulnerabilities following the revelation that Hacking Team had done business with Sudan and Egypt.

"The Hacking Team breach proved that we could not sufficiently vet the ethics and intentions of new buyers," Adriel Desautels, CEO of Netragard, said in a blog post. "Hacking Team unbeknownst to us until after their breach was clearly selling their technology to questionable parties, including but not limited to parties known for human rights violations."

Desautels argued that the market for zero-day vulnerabilities needs to be held to a legal standard in which each company that buys or sells the information is accountable for the use of the technology.
"It's important that the regulations do not target zero-days specifically but instead target those who acquire and use them," he said.

VIA IRC:

<DeltaNineDev> FYI - we are harvesting a small CANNdy batch later this evening.  Will be testing and doing trials locally with select patients in AZ after cure time.
<DeltaNineDev> Please everyone do not think that myself and the team are going to be the sole supplier of CANNdy meds.  We will distribute clones locally once we feel it is successful
<DeltaNineDev> "CANNdy" is not only the strains that we are producing but also 'donated' meds supplied for the PEG.
<DeltaNineDev> Have a good day

EDIT: PER D9

Clone distribution will be done under AZ laws and regulations for Prop 203

VIA IRC:

<DeltaNineDev> FYI - we are harvesting a small CANNdy batch later this evening.  Will be testing and doing trials locally with select patients in AZ after cure time.
<DeltaNineDev> Please everyone do not think that myself and the team are going to be the sole supplier of CANNdy meds.  We will distribute clones locally once we feel it is successful
<DeltaNineDev> "CANNdy" is not only the strains that we are producing but also 'donated' meds supplied for the PEG.
<DeltaNineDev> Have a good day

EDIT: PER D9

Clone distribution will be done under AZ laws and regulations for Prop 203

With regard to the rest the Yes We CANN movement is a hybrid child of two of the most controversial topics in the U.S.: cryptocurrency and State-legal/Federally-illegal medical marijuana - in some cases recreational marijuana too.

This leads to tension between the hyperactive, short life-cycle crypto ecosystem along with the immediately-if-not-sooner needs and desires of crypto traders and the careful, one step at a time, always in compliance with rapidly evolving legislative and local ordinance State requirements of medical marijuana providers. That tightrope must be negotiated while avoiding drawing too much attention from the Feds who do not recognize State rights to determine their own path on what is Federally classed as a Schedule I narcotic of no medicinal value.

Because federal agencies and prosecutors have displayed a nasty proclivity for shutting down State-legal dispensaries and marijuana cultivators there has been a certain reluctance to publish road maps and brochures, although this is slowly changing as rogue agencies are brought to heel.

You'd like to know what has been accomplished so far and the answer is one heck of a lot.

You will realize that locating and purchasing land and/or facilities in places licensed for marijuana growing takes significant time and yes, exactly where marijuana may be grown is tightly controlled and strictly licensed.

Then there's outfitting the grows with hybrid solar and wind power, DeltaNine's grows are fully or partially off grid. That's in addition to outfitting the actual grow facilities. That's all before growing pilot test grows to determine which strains do well in particular sites and deliver the desired product - then you have to propagate and actually grow the crops.

You can see some of the pictures ∆9 used to post of facility build-outs and significant developments starting in an old thread here; here; here and here, for example, suit yourself if you bother scrolling through for more.

Unfortunately pictures of progress used to stir too much jealousy, precipitate such FUD storms from competing coins, waste so much time and distract focus that they were not worth it and eventually the policy became one of announcement only ex post facto, with virtually no progress photos posted along the way anymore. Very sad for genuine supporters but the bottom line is that people can't work and be in here hosing off FUD at the same time.

So, for a quick overview then ∆9 is involved with several partners in commercial grows with some portion of the crops to be devoted to CANNdy supply, the CannLab, which is devoted entirely to developing CANNdy strains, been working with partners on the requirements for a dispensary in Phoenix, all in Arizona, has been developing relations with mj businesses in Colorado, where his family has considerable land holdings, doing similarly with businesses in Nevada and was looking at cannabis-licensed land in California (I don't know the results of that).

There are plenty of other developments besides the grows too but as I said, they will only be announced ex post facto.

This is a large, complex and multi-year project which is proceeding extremely well. If its somewhat cumbersome pace drags too much for crypto traders that's fine, no one here will think poorly of them jumping ship for something shinier and if they happen to miss sudden step increases in CannabisCoin's exchange rate when achievements are announced, I'm afraid that's life.

Hopefully this helps you catch up on the what and why of CannabisCoin without having to wade through 500-odd pages of forum posts.

Cheers from the land down-under.

My goodness!

Do you guys look at a rasher of bacon and open your mouths as though you are trying to swallow a whole pig?

No? Then why insist on viewing Yes We CANN as such a gargantuan task?

Does CANN need to be immediately backed by 100 tons of marijuana? Of course it does not.

Look at the distribution on BitTrex, just by way of example.

The top 50 accounts hold what, about 20,000,000 CANN?

Say those account holders ALL lived within the sales zone of just one dispensary and that dispensary chose their policy as providing each patient with one pegged CANN purchase per day, those 20,000,000 CANN could qualify for just 50 grams of CANNdy mmj per day, not 20,000,000 grams.

So, does meeting a daily supply demand of a little under 2 ounces sound easier than 44,000 pounds?

Even though that sum involves some of the densest CANN ownership rates the real-world sum doesn't change that much. Suppose you managed to spread CannabisCoin ownership to an even 1,000 CANN per patient, you are still only looking at 0.1% of the supply demand people are talking about here.

If and it is a huge "if" - if we can achieve 1,000 daily CANN-for-gram users by this time next year that will be a magnificent result and one where we are talking about a total one-year supply demand of 365 kilos, not the 106 metric tonnes which would be involved in a single use of CannabisCoin's total maximum coin supply (as planned at swap to X11 last year).

Does 1,000 seem a much more manageable figure than 106,000,000?

Will we be looking at 1,000 users within a year? I certainly hope so.

Will we be looking at a daily turnover of the entire coin supply and need to meet such a supply demand of CANNdy at pegged rates? Of course not.

Ideally we are looking for dispensaries installing the means to handle CannabisCoin transactions for their mmj clients and using CANN for their electronic point of sale - at market rates - for general transactions. Transactions at market rates don't have peg support and thus don't count toward required CANNdy supply. Most CannabisCoin are likely to be involved in transactions at market rates.

Stop looking at a demand for a rasher of bacon as having to supply the whole pig. There's a lot of work ahead before we get a lot of mmj users on CANN-support and likely only a small proportion of CANN transactions will be pegged at 1 CANN for 1 gram.

CANNdy and Yes We CANN are entirely doable and ∆9 and the team are busting a gut to deliver in the shortest practicable time. The least you guys can do is pencil out the numbers on the back of an envelope before hand-waving about what can be and is being done.

Edited for typo