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someone just bought a fuckload of cann on trex
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I feel like a sell off before sunday cant happen. Theres too much riding on that day to see a big drop.
To quick growth always lead to a dump, the question is wether the market can eat the dump. yea, but i think it comes after sunday |
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I feel like a sell off before sunday cant happen. Theres too much riding on that day to see a big drop.
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thats true. Im in it to the end regardless, so I guess it doesnt matter. Its been a lot fun being apart of this community, and I hope we can pull out of this hole, and take aero back to where it belongs.
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its always at points like these that the dev comes up big. Seems like when spirits are at their lowest he announces a feature is ready. Im thinking big news is on the way.
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I hope the dev works quickly. The price will hold, but not for another month. If he could just release a beta...I think that would really help the morale around here. Even if testing went on for a while.
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not out of the woods quite yet
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bought back in at a loss, I have no idea what the fuck is going to happen with CANN at the moment...
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I sold, probably a bad idea. but that sell wall staying just off the page makes me think something strange is going on, and im up pretty big. Ill buy back in the morning at a loss if were back on the climb.
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we might hit 200 btc volume on trex. thats insane.
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Well current status is CANN is getting added to CannaPay, I believe, which hopefully will work like paypal... we may need to wait for it to be properly diluted to see it's full value, but once things become less volatile and dispersion takes place, we should see one of the least volatile coins to date as well probably hovering between 9.75 and 10.25 (assuming the cash value of the product is $10) because people will know it'll get cheaper and wont buy higher than 10.25 and they'll scoop em up at 9.75 knowing it'll rise. But I think we should have no problem hitting $2-5 range this month, especially after the event and a much slower increase while the coins start diluting away from major share holders
I hope youre right, and that im wrong. ive just yet to see anything decently stable before CANN. |
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I don't know... what does the coins marketcap have to do with it? either way there's the same amount of coins and they'll have to handle the transaction 1 CANN = 1 gram the same way... I could be forgetting some aspect but it looks like, to me, the marketcap has no influence on how the company handles it
Edit just to save space: Heh, poloniex trollbox is clueless of what's going on, poloniex is losing a lot of money on potential trades right now
Ive just found that in crypto, the closer the complete value of infrastructure is to the market cap the more stable the coin is. when darkcoin went to 17 bucks a coin everybody was going nuts because of its potential(hype), obviously the market cap skyrocketed with the price... but it had nothing to fall back on when the price started crashing. Nobody developed a proper marketplace or worked on acceptance and use. Same thing happened with bitcoin last december. We all saw the potential, but now were waiting for the infrastructure to catch up, so people can use it easily. The result was a huge dump from both coins. You just get a more stable growth if you can back the market cap with ways and locations to use a coin. You are right but the difference is that CANN does have something to fall back on. And a great something that is! right, i just want more agreements from dispensaries to accept CANN for a gram before we start to talk about massive numbers like 5 bucks a coin. |
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I don't know... what does the coins marketcap have to do with it? either way there's the same amount of coins and they'll have to handle the transaction 1 CANN = 1 gram the same way... I could be forgetting some aspect but it looks like, to me, the marketcap has no influence on how the company handles it
Edit just to save space: Heh, poloniex trollbox is clueless of what's going on, poloniex is losing a lot of money on potential trades right now
Ive just found that in crypto, the closer the complete value of infrastructure is to the market cap the more stable the coin is. when darkcoin went to 17 bucks a coin everybody was going nuts because of its potential(hype), obviously the market cap skyrocketed with the price... but it had nothing to fall back on when the price started crashing. Nobody developed a proper marketplace or worked on acceptance and use. Same thing happened with bitcoin last december. We all saw the potential, but now were waiting for the infrastructure to catch up, so people can use it easily. The result was a huge dump from both coins. You just get a more stable growth if you can back the market cap with ways and locations to use a coin. |
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There is no such thing as the price running up too quickly when we are talking about a $15 token that you can currently buy for 2 pennies.
Realistically it should be going up faster than it is.....and it will as more people start learning about cann and panic buying.
we've all seen coins crash and burn off huge dumps because of hype spiking the price... I dont think a massive crash is in the future of CANN, but if the market cap starts to exceed the value of the farms and dispensaries that CANN is including by a large margin....then the coin becomes all about the hype of 10-15 dollars. Id rather see a slow climb as more dispensaries and farms continue to buy into the idea of CANN. Personally id like to see CANN stay under a dollar a coin through the 20th...if something goes wrong or isnt going as weve expected...then its going to really hurt the coin, and if were over a dollar the crash would be pretty massive. Those coins crash and burn because they are merely about hype and nothing more, this has a token, if you ask me the price should be at at least $.50 by now but these walls keep stalling momentum, it's not inflating to fast... it's catching up to it's actual value, that should go much faster since the coin already has a predetermined value of $10 - $15 depending on the cash price of the product... after the event I'm sure a lot of people are just going to end up flipping the weed and getting more coins, it just makes sense... You could be right. CANN is far more backed than other coins, and I think it deserves anywhere between 50 cents to a dollar right now... the potential is through the roof. im just saying if you get above one dollar a coin it would put the market cap above 100 million, which is too high for 2 grow farms and 3 dispensaries regardless of hype. now if he gets some agreements in other states for CANN = a Gram...then everything is in place, and the money makes a lot more sense to go to +5 bucks a coin. |
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There is no such thing as the price running up too quickly when we are talking about a $15 token that you can currently buy for 2 pennies.
Realistically it should be going up faster than it is.....and it will as more people start learning about cann and panic buying.
we've all seen coins crash and burn off huge dumps because of hype spiking the price... I dont think a massive crash is in the future of CANN, but if the market cap starts to exceed the value of the farms and dispensaries that CANN is including by a large margin....then the coin becomes all about the hype of 10-15 dollars. Id rather see a slow climb as more dispensaries and farms continue to buy into the idea of CANN. Personally id like to see CANN stay under a dollar a coin through the 20th...if something goes wrong or isnt going as weve expected...then its going to really hurt the coin, and if were over a dollar the crash would be pretty massive. |
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0.00004999 182366.36623239 9.1165 had to laugh. very hard. stupid moron.  Honestly, I think hes doing us a favor. Hes keeping the price from a massive spike. Were climbing too quickly right now, and I think that guy knows it. maybe but imho i wouldnt run the risk somebody buys up my 182k of cann yea, someone just took a huge chunk out of it, but that guy probably bought in around 1k if not cheaper, so im sure he made a massive profit. Id also bet he has a lot more CANN if hes willing to sell that many coins. |
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0.00004999 182366.36623239 9.1165 had to laugh. very hard. stupid moron. Honestly, I think hes doing us a favor. Hes keeping the price from a massive spike. Were climbing too quickly right now, and I think that guy knows it. |
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well i suppose we deserve the price crash…Its been dead quite on here.
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tough to get through these newsless weeks...Im curious to what the dev has planned for after AeroME. Its a tough act to follow, and it means a lot for the success of Aero. What would you guys like to see?
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