price is up
Rise of china. I wish we were on jubi.com |
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It's hard to buy below 1,6k sats. Soon we'll have nice rise, the cann chart looks great.
Why?value of this coin got nothing real for Now in my opinion,i'm still waiting for something real to reinvest here,so no motivation for a huge increase here,as i cann see  Most of coins have no real value, but here you have a great project and devoted ppl. |
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It's hard to buy below 1,6k sats. Soon we'll have nice rise, the cann chart looks great.
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A week or two back I suggested interesting times were coming with regard to trade in CannabisCoin. I was mostly interested in what would happen when CANNdy began distribution in volume.
Since then the floor price of CANN has risen by 20% to around 1550 sat (BTC0.0000155) and over the weekend someone in a hurry for one million (1,000,000) CANN pushed the price temporarily over 1750 sat.
What to make of that?
At present the mining subsidy equates to 6,750 CANN produced per day and the mining difficulty is only around 10 with about 1GHash/s in the pool. Miners need really cheap power if they are to profit from a floor price delivering only about BTC0.1/day in newly minted coin so obviously some people are looking to the future. That seems smart.
I don't think much CANNdy will need to be distributed to shift the returns from $20-25/day to the $200-250 range since that is still only pricing CANN at BTC0.00015 or about 3.5¢ at current bitcoin exchange value.
Will people pay the equivalent of 3.5¢ for a $10 pre-roll? Sounds like a no-brainer doesn't it?
The next question is: why is there so little mining effort being expended on CannabisCoin when the summer grow season is upon us and there is still 6-7 thousand CANN to be minted each day for another 6 weeks? That's more than 275,000 CANN still up for grabs before the next scheduled subsidy halving. Even under the next scheduled subsidy rate there's still another 164,000 CANN to be minted.
For those with cheap electricity or who can afford to wait for return on power expended (mining for future value) CANN looks to be the most promising mining prospect by far.
I wonder why so little mining hash is directed toward mining CannabisCoin at the moment? Are people not mining for future value, a very short-sighted business model, or have we been too good at keeping CannabisCoin below the radar, too well-hidden a gem in the slurry of pump&dump scam coins and me-too clones?
What do you think?
The price is only pumping&dumping from time to time, without a steady growth of value, it's very bad IMO. I agree with guy above ppl don't belive in 1cann=1gramm. |
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NKT has 100m coins, 16bit has ~13m and both of them are at the same price. NKT has exchange in wallet and community, we have games in wallet, but lack of interest from community side.
So I suggest more tweeting, less FUDing.
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I don't know how about you, but IMO this coin will be pumped (maybe tomorrow or next week). A lot of coins were bought between 70-150 sats and if dev will implement new games, we could see 500 sats at least.
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If only dev would be more active and respond on FUD, we'll had price above 300 sats. It's not about progress of his work, ppl want to see some hype.
The second thing is that all market is fucked
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seems like an embedded java script or flash, dev what is it? 16bit? lol
Roadmap says "first in-wallet game beta", I think this is just an example to show us the potential of 16BIT. However, coin is already dead because of dumpers (or someone wants cheap coins to pump later  ). dead? Lol. only 3.8 BTC to 0.00000600 BTC1k easy  you think dead because you dump you are coins in panic sell? cheap coins for smart traders  block reward will get lower and lower, so dump period is almost over. |
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As I promised here is the new beta in-game wallet. https://mega.co.nz/#!RZwwFLLQ!tPEUBOMkxT6zVChkk9hUM2DdRuXBidsx_oc3wvubSkM Feel free to report any bug/suggestions Great job dev! I hope more game will come next days. |
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Someone tryin to push down 16BIT with lowering buy walls, c'mon let's fight!  I'd like to play Street Fighter II in 16bit wallet |
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Where will go money from ICO?
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FAT blocks are approaching |
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Basically something is wrong with this coin. I have already scaled out some of my position at a loss. Problem is there is absolutely no volume. Volume of 8BTC is nothing. It should be at least 80BTC. When GRAV was listed last week, it went to the #1 position in about 12 hours.
I think the reason being is that the ICO was very large, 50% and the algo used NIST5 was not good for mining rentals, so no whales got in on this to push the price up.
We have almost 10btc volume and what about the whales, I don't think they're interest of this coin. |
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The reason this coin is not going up is because nobody is buying because everybody bought at the ICO.
The dev needs to come out with some roadmaps ASAP to give the coin some higher value.
IMO most of them already sold their coins. |
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why you sell at low price?
multipools and rentals. |
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60% of it is finished...more to come...in other words I have to make 1,2,3 levels...1.level is finished it will be announced, 2nd and 3rd are on the way.
When can we expect announce of 1. level? |
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It would be nice, if we had some decent pump at the beginning of new bittrex platform
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Finally good diff to mine
Its because of X13. Some new coin launched and its the #1 paying algo on Nicehash. So no hashrate is available for NIST5. so we will see a huge dump on 16bit EDIT: if there will be any exchange offcourse |
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Finally good diff to mine
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