The USB key looks like a great way to securely store coins. Like a paper wallet but way more usable. You can dig it up from the back yard, send out a few coins and bury it again.
LoL. Yeah! |
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Gritts tour of China is certainly a big deal in the land of crypto and certainly not to be underestimated. I can't think of that many coins that make the bold steps BlackCoin does, that delivers innovations and new ideas and at our core a plan for adoption that based in reality and growing success. There will be a lot of eyes from the West looking East and our success there will be noted here of that you can be certain. Thanks go to all those that have supported Gritt in getting to China whether they be the individual investor, including our very own Dragon  or the Corporate ones like Moolah without whose help this would not have been possible. Good luck Josh! We'll all be with you in spirit! Viz Bravo. Wonderful to see such amazing development and achievements. Cheers |
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Hi tokyopotato,
Lukas is currently away for his compulsory military service. He will be back next week.
Best,
Kevin
Thanks for the update! |
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I'm excited to see what the future holds for Cannacoin
I think the low volume of coins is important for a industry specific coin. What do you guys think?
Once we switch to Proof-of-Stake, the rate of inflation will be significantly less than throughout PoW. This is good for our community and one of the reasons we want an extra 4-6 weeks of mining is to give miners the opportunity to acquire more coins prior to this phase. We currently have plans to utilize 30+ Mh/s to generate coins for giveaways that will be coming online by the middle of next week. After that, our miners will point at multipools, Dogecoin, Litecoin and we will begin buying CCN on the marketplace for giveaways. |
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1 CRK = 1g crack cocaine?
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Thanks, I'm glad to take a sizeable stake in Blackcoin and invest in the future of your development as well as ours. Cheers, Patrick |
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We recently have had many inquiries about price pegging and Cannacoin.
Do we plan to plan to peg the price of CCN to Cannabis?
The short answer is: Yes This is part of a long-term strategy to benefit our community in Washington as well as extend this into Oregon and California. We have many business partners in those states that are currently watching our development and remaining in contact with us. These include growers, patients, producers (such as edibles and extract companies), and retailers.
The Cannacoin team has ruthlessly discouraged hyping our coin by making promises and creating high expectations which in turn lead to pumping and dumping. We are committed to delivering development, as you can see from our many projects if you scan this thread.
At the Cannacoin Convention, we will be discussing price-pegging and how to accomplish this realistically. Most likely, we will start with price pegging on our own Cannacoin.cc/store for merchandise that is not Cannabis.
People must remember we are operating in a very gray area with regards to the law when it comes to crypto and Cannabis, so we are going to tread extremely carefully and ensure that nobody gets hurt.
Your patience and dedication to our team is appreciated. If you are a patient or developer in Seattle WA or Portland OR, please get in contact with me to setup a meeting with our team.
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Worst decision I ever made was going with Mintcoin instead of Blackcoin... pre-mines = death
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Just took a stake in BlackCoin for the first time, picked up 3600. Hope it was worth it.  why should it not be worth it? free coins? LoL.. Not only do I want to support this coin, but I need to support this coin, as my dev team is moving over to the BlackCoin codebase and I feel it's important to invest in the development. As soon as my wallet syncs, I will pull these off the exchange.  |
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Just took a stake in BlackCoin for the first time, picked up 3600. Hope it was worth it. |
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What's happening with Swisscex? I noticed Luk3r hasn't been on IRC lately. Everything okay?
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This is very interesting what is happening to the price  considering selling all my extra coins and just keeping the minimum for the auto functions in the trader That's a pretty logical thing to do |
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Mr_MarKus,
Can you guys update the list of pools?
Some of those pools don't seem to live anymore.
Also, what pools are other people using?
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Patrick of Canna coin CCN aka TokyoPotato, You have been relentlessly questioning the teams efforts and credibility without reason other than to raise concern and direct attention to "Canna" coin CCN. This is not good practice nor ethical from a "community leader". DeltaNine has been courteous enough to Skype with you and take time out of his movement to talk about future collaborations. This is just a distraction for the team right now.
This is really incorrect. When did I ever question the teams efforts or credibility? 1) I questioned whether or not your team intended to peg 1-1 from the beginning and that there might have been a wiser way to approach this type of redemption and 2) I questioned a user who suggested that your dispensary was going to sell CANN for USD. I sincerely apologize for this extremely harmful conversation. |
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From the TEAM:
As of right now, CannabisCoin is NOT being sold in any form by any business other than exchanges.
The CannabisCoin team does not see ATMs as a solution and see it more of a marketing scheme used by other coins. Potcoin CIO himself mentioned they aren't doing ATMs anymore. Go figure.
DeltaNine and the Team have legitimate plans which are by the way, backed by a law firm.
Patrick of Canna coin CCN aka TokyoPotato, You have been relentlessly questioning the teams efforts and credibility without reason other than to raise concern and direct attention to "Canna" coin CCN. This is not good practice nor ethical from a "community leader". DeltaNine has been courteous enough to Skype with you and take time out of his movement to talk about future collaborations. This is just a distraction for the team right now.
Regarding collaboration with CannaCoin CCN:
DeltaNine and the CannabisCoin Team has decided not to further collaborate with Canna Coin CCN for current projects or any potential projects implied by TokyoPotato/CCN/Canna coin at this point in time.
The CannabisCoin Team is comprised of industry professionals. We adhere to professionalism.
If you would like to address your concerns with DeltaNine, Skype him personally.
~Dev Team
I was not aware that actual discussions and debates constituted harm. I hope you guys re-think your position and get in contact with us. |
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So tokyopotato is from CCN? lol that figures. In here trying to discredit this coin, instead of promoting your own and the industry as a whole is a petty, immature course of action.
Oh my God man. Is discussions not allowed on this forum? I am promoting the industry. That's why I am bringing these points up. When people suggest doing things that could potentially land people in a lot of trouble, I think it's the right thing to do to work together to clarify what the right way to go is. This is why we have offered to work with CannabisCoin in order to thread these regulatory needles so to speak. |
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I called Nick, the original Potcoin dev two weeks ago and we discussed this very issue. The Potcoin team is well aware of the legal issues surrounding crypto and River Rock dispensary in Colorado is taking a very cautionary approach to accepting cryptocurrencies for Cannabis. Once you start accepting crypto for Cannabis in a retail business, you are putting yourself under Federal jurisdiction as a money transmitter.
You've been going fine, but now you've stepped into the realm of the blatantly not true. There's nothing about accepting crypto as a merchant that makes your a money transmitter. I never said accepting crypto is illegal... I said that a business that goes into exchanging USD for crypto requires a money transmitter license. But they won't be exchanging USD for crypto, they will be selling their crypto for USD!! Lol plus isnt this bud delta9 and the teams bud and the shops are selling them for him and paying him a fee to exchange there!? If so he'll be dealing with the coins from there. If that's what I understand from him growing a current type of strain you can buy with it. Besides the ones they already have that aren't Canndy! No, that's not how it works. Selling USD for Crypto or vice versa is considered money transmitting... and it's completely legal provided that you have a money transmitter license and you follow KYC/AML guidelines. Okay then, why not just follow the guidelines then. I mean if there are 1000+ shops that accept bitcoin and can follow the laws. Why can't Cann do the same? Yes they accept Bitcoin, but they do not sell Bitcoin. We are talking about two different things here. So your telling me the shops that get millions of days worth of BTC keep them in BTC? You don't think they sell them for cash on the exchanges!!? You are completely missing the point. The point is that if you want to sell CANN, or BTC, or any crypto in exchange for USD, you can be considered a money transmitter. I was incorrect when I said you need a license to accept crypto. Obviously that's not true. Anyone can accept crypto for payments. Where it gets tricky is how do you sell CANN to regular people that don't know how to acquire Bitcoin? This is where you need to be careful. We'll is just selling a "paper wallet" then after sending that person " Free "coins against any rules!?they are paying for piece of paper, not the actual coins. I mean they aren't considered money right but more of a Commodity? They were classified by the IRS as a commodity for tax purposes... but the legal system seems to be clear... http://www.dw.de/bitcoin-promoter-shrem-pleads-guilty-to-unlicensed-currency-use/a-17902990What I saw was that he was selling bitcoins to users that we're buying Illegal drugs, Cann coins drugs are legal and medical. He was also Selling them As a "business". The shops that accept Cann business isn't to buy or sell Cann or any crypto to users, but to sell medical marijuana? So what that guy did was totally different. His business was to buy and sell bitcoins to people that then used them to buy illegal drugs. The shops take their cann trade them for BTC then go to coinbase sell them, then pay taxes for their income. 1) In the eyes of the Federal government, Cannabis is an illegal drug, which is why people should tread carefully 2) I was responding to a user who suggested that the dispensary sell CANN for Fiat |
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All of this might be a moot point in 5 years, but at the moment it's quite relevant, and it needs exploring as this is probably where the CANN devs will need the most help.
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I called Nick, the original Potcoin dev two weeks ago and we discussed this very issue. The Potcoin team is well aware of the legal issues surrounding crypto and River Rock dispensary in Colorado is taking a very cautionary approach to accepting cryptocurrencies for Cannabis. Once you start accepting crypto for Cannabis in a retail business, you are putting yourself under Federal jurisdiction as a money transmitter.
Sounds like what is needed is a 3rd Party 'Gift Card' provider specifically for the dispensaries. They could accept crypto (CANN,POT etc) in exchange for Gift Cards. Once the Dispensary accepts the Gift Card, they 'Cash In' with the provider for Fiat. Hey, Now we are talking about solutions! That is a great idea. |
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