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701  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CannabisCoin [CANN][X11][Official][2] Developments & Discussions on: October 21, 2014, 05:18:34 PM
[CANN]Cannabis Coin Pre-Mine Transparency Discussion
 
 
I’d like to have an open transparent discussion about the pre-mined coins behind Cannabis Coin (CANN). I believe the information below is in the best interest of all those investing in CANN as a cannabis crypto.
 


https://chainz.cryptoid.info/cann/address.dws?CNhvRbg39dqwfgdxU78qavUToAW71HBShf.htm

discussion over.
702  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions. on: October 21, 2014, 07:32:13 AM
https://bitcointalk.org/index.php?topic=661885.msg8202281#msg8202281
703  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CannabisCoin [CANN][X11][Official][2] Developments & Discussions on: October 21, 2014, 07:01:27 AM
dump coming soon

Use adequate toilet paper.
704  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CannabisCoin [CANN][X11][Official][2] Developments & Discussions on: October 21, 2014, 05:47:56 AM
Well I doubt a cash register with probably 20 year-old software can be modified to denominate crypto. It's easier for a clerk to just punch $0 then try and put a price on what the coin is at the time.
Why would a dispensary that's been open only a few years at most (due to state law making it legal to open) be using 20 year old software as their POS-system?

I have no doubt it's an issue with the receipt generated by the POS-system. Just wondering if it's an issue that will be addressed.

More than likely the crypto portion of their business is an add on and will have an add-on box for transactions. There was no cannabis coin when HWC started in business so their technology is suited for the business as it was planned originally. This is not a best guess, it's standard practice for any business dealing with new technology or a change in their business plan.
705  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions. on: October 21, 2014, 05:35:40 AM
what was the premine on this coin?

none, technically. The coin started as scrypt, the devs switched to x11 and premined enough to replace the coins by the miners from the old chain that is all. All the coins have been redistributed.
706  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions. on: October 20, 2014, 08:30:18 AM
I'm so glad dynamite is here to protect is from making profits. What would we do without you dynamite? Dig? Hah!
707  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions. on: October 20, 2014, 04:37:57 AM
My ignore list grows by the day.
708  Alternate cryptocurrencies / Altcoin Discussion / Re: 1 Uro coin = 1 tonne of urea on: October 20, 2014, 02:22:03 AM

1. Was e-Gold a cryptocurrency?

2. Did Ricecoin launch?

3. What's the difference between URO and a commodity exchange?

4. Does an Australian, Indian, or Hong Kong Company have to follow US federal laws?

5. Are GES, Indian Potash or any of the other NIERS transmitting money?

Guglimugli admits the FUDDERS like Truthful, Guglimugli, and Chang get paid because it's "their job":



6. How much are the paid FUD being compensated, and what form of compensation?




SCAM UNIVERSE!!!!

1WBW = VBBB (Roman Davydov registered in Cyprus & BVI) --> SCAM


cex.io = gash.io (listed as: Alex Luts &  Jeffrey Smith or Alexander Volik but in reality their names are: Lutskevych Oleksandr & Ushchapovskyi Oleksandr), both of them are from Ukraine. One of them was arrested last year. --> SCAM --> could be another MTGox
http://directors.findthebest.co.uk/l/8950230/Lutskevych-Oleksandr
These guys also hold: WALLET. ID LTD & CRYPTO. ID LTD (since August 2014)

https://www.companiesintheuk.co.uk/company/documentextract/74589203

https://www.cryptocoinsnews.com/warning-ghash-io-nearing-51-leave-pool/

uro.io = UROEX (Bohan Huang & Nilesh Nair) ---> SCAM



VBBB --> CEX client/Partnership
VBBB --> URO client/Partnership

7. Is cex.io a British company?

NILESH NAIR is fukkin idiot! announcing his "investment" in modern farming in Sierra Leone while people in that country fight the ebola virus since weeks/months. Is it all about profit Nilesh? 


Ebola epidemic: Sierra Leone quarantines a million people

Restrictions affect more than a third of the country’s population, as world leaders meet at UN to discuss the Ebola outbreak

http://www.theguardian.com/world/2014/sep/25/ebola-epidemic-sierra-leone-quarantine-un-united-nations


http://greenearthsystems.com.au/sierra-leone-efficiency-of-local-farming-projects/



8. Are you saying that GES should not help poor farmers in Seirra Leone?


9. Is pricing information not listed for urose special event?

As of today Bohan Huang wants you to pay 1.3BTC to attend the event (with 100 guests).

10. Is it possible to "fix" the price of a fluctuating commodity? Would it be possible to "fix" the price of oil for example?

11. Why can't you "fix" the price of BTC if you can buy a tonne of Urea with BTC? Why not fix the price of a ticket with BTC? Aren't we pegging the price of a ticket to BTC?


1.3 Bitcoin equals $497.46 US Dollars

It seems that you pay 1.3BTC even if only five people attend. What happened to paying 2BTC for 1-19 guests?

Why have the prices changed?

12. Why do you think prices have changed?

Nilesh Nair aka GURU


"Green Earth Systems Pty Ltd" Evolution

17-07-1998 registered date
10-05-2000 to 10-12-2007  first company name: IMPACT INVESTIGATIONS AND SECURITY PTY LTD
04-08-2008 Name start: GREEN EARTH SYSTEMS PTY LTD --> CCTV Shop
21-11-2011 Green Earth Systems Limited registered in Hong Kong (Green Earth Systems Limited is a live business incorporated in Hong Kong on November 21, 2011. Their business is recorded as Local Company. It is not part of a group)
28-09-2012 Court Default Judgement
20-02-2013 NOTICE OF APPLICATION FOR WINDING UP ORDER on IMPACT INVESTIGATIONS AND SECURITY PTY LTD
05-04-2013 Federal Court: Hearing Details IMPACT INVESTIGATIONS AND SECURITY PTY LTD
26-09-2013 Personal bankruptcy Nilesh Nair
19-11-2013 ASIC Notice of proposed deregistration GREEN EARTH SYSTEMS PTY LTD http://www.scribd.com/doc/234251300/Green-Earth-credit-report
09-06-2014 signed URO ratification, member of URO Foundation

Company Director: SHANKARI NAIR (Nilesh Nair wife)
Company Secretary: SHANKARI NAIR (Nilesh Nair wife)
Share Information: 50 Nilesh Nair / 50 Shankari Nair
Registered in: Australia

so between August 2008 and today, how in the hell do you have 16 years of GES or Urea Export experience??? Lets not forget that GES was not Urea Exporter from the day one.
When do you guys plan to STOP lying?!

13. Is it not possible to have export experience before working for GES?

One of the reasons why e-Gold failed?
"Under federal law and District of Columbia law, in addition to other jurisdictions, the E-Gold operation was required to be licensed and registered as a money transmitting business. However, according to information in plea materials, the E-Gold operation functioned as a money transmitting business without registering with the federal government and without a license in the District of Columbia. Because these businesses and individuals illegally failed to register and follow applicable regulations under federal and District of Columbia laws, the resulting lack of oversight and required procedures created an atmosphere where criminals could use e-gold, or digital currency, essentially anonymously to further their illegal activities."


No matter where you register your company, you will need the license.

********************************************************************************************************************************

********************************************************************************************************************************

14. Does URO transmit money?

The same thing Bohan is doing now with setting up exchange in Pakistan but getting the registration number from different company.  Nilesh (his Guru) have taught him how to do such things i guess.

And we should trust these guys our money??? Please!!! These guys studied SCAM Management for long time.

15. Where is your evidence they studied so called "scam management"?




16. Why does Truthful think it's okay to lie about a so called cancelled event when it's been re booked under a new name because of harassment?




17. Doesn't Guglimugli and Truthful know it's illegal and unethical to harass people and businesses?



Guglimugli is always courteous and never says anything negative about anyone:






Current 12,500 URO Transactions:


http://www.richlist.eu/uro/stats/UhHgYj6h3p7NEXo3vEVw2JSp4PYKfhudE5
http://www.richlist.eu/uro/stats/UkTxkgTehxnrrmuUdx8hXre2GyUaeNasbW
http://www.richlist.eu/uro/stats/URwAryrK8VfrWGRNLGsoLGHf3sbGdSQXuL
http://www.richlist.eu/uro/stats/UYoWCPdjsygTWejASj4FkMjV7c6g85gRZq
http://www.richlist.eu/uro/stats/UNc7yArvqAdu7ca5gajku8tH1ZmvwWG2oY
http://www.richlist.eu/uro/stats/UZz6GgwnCL5D99GCGzW1LEsppcoo4Ctsra
http://www.richlist.eu/uro/stats/UQ1NZ4o56HjiBn8tigf359TrVghiyzdan3
709  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions. on: October 18, 2014, 09:50:47 PM
moonchaser: ignored.

copy that.
710  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions. on: October 18, 2014, 08:38:18 PM
benthach:

on ignore.
711  Alternate cryptocurrencies / Altcoin Discussion / Re: 1 Uro coin = 1 tonne of urea on: October 18, 2014, 07:40:09 PM
New 12,500 URO transaction on the blockchain:

http://www.richlist.eu/uro/stats/UQ1NZ4o56HjiBn8tigf359TrVghiyzdan3
712  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SLR] SolarCoin | PoW to PoS v. 2.0 | Solar Proof of Generation (§1 = 1MWh) on: October 18, 2014, 05:11:29 PM
Thank you for reminding me. I've been mining those other coins also. I just tossed a little power onto miningpoolhub.

713  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions. on: October 18, 2014, 08:00:02 AM

are REAL LIFE "FUDDER"
 

Yeah, that's about what I get from az420. I have it on ignore, but I happened to want to see what it was saying after it's 20 some odd responses page after page. It answered my question all by itself.
714  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions. on: October 18, 2014, 03:02:43 AM
az420 officially on ignore.

715  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions. on: October 18, 2014, 02:48:41 AM
...realize...

agre...
716  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions. on: October 18, 2014, 02:37:10 AM
monkeydong1:

CORRECT!

42 points credited.
717  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions. on: October 18, 2014, 02:24:59 AM
@az420 - good try manipulating the text :    3) The United States government recently changed certain regulations to categorize Bitcoins and other forms of digital currency as a form of legally recognized currency in the United States that IS subject to US forfeiture and money laundering laws.

The proper one must be :  

In some environments, virtual currency operates like “real” currency -- i.e., the coin and paper money of the United States or of any other country that is designated as legal tender, circulates, and is customarily used and accepted as a medium of exchange in the country of issuance -- but it does not have legal tender status in any jurisdiction.

The notice provides that virtual currency is treated as property for U.S. federal tax purposes.  General tax principles that apply to property transactions apply to transactions using virtual currency


 Grin

source : http://www.irs.gov/uac/Newsroom/IRS-Virtual-Currency-Guidance






Thanks for the comment!



The Department of Treasury's Financial Crimes Enforcement Network (FinCEN) added "other value that substitutes for currency" to its definition of money services businesses.

The U.S. Government Accountability Office reviewed virtual currencies upon the request of the Senate Finance Committee and in May 2013 recommended that the IRS formulate tax guidance for bitcoin businesses. On 25 March 2014, in time for 2013 tax filing, the IRS issued a guidance that virtual currency is treated as property for U.S. federal tax purposes and that "an individual who 'mines' virtual currency as a trade or business [is] subject to self-employment tax".


I think you might be right, but my argument is simply that the US Government and the State of Arizona will consider Cannabis Coin to be currency, and as such, it will be subject to taxation. Again, remember that there are reporting requirements for dispensaries in Arizona.


A dispensary accepting "property" instead of USD in exchange for medical marijuana won't sit well with the money hungry State of Arizona.



An Arizona dispensary could never accept Cannabis Coin without paying the State of Arizona their tax money on any income that they receive. To suggest that HWC could accept CANN and not pay taxes is ridiculous. Even paying LESS taxes than would be paid from a USD sale will result in the State/IRS going after the dispensary for money laundering and tax evasion. When I say paying taxes, I mean USD. The state doesn't want your Cannabis Coins.


If your arguing that the State of Arizona or the IRS is going to allow a NON-PROFIT medical marijuana dispensary to launder virtual currency income rather than pay tax on its USD equivalent, you might be a little nutty.


The State of Arizona wants its money. The IRS also wants its money.


The state of Arizona isn't going to stand by and let a dispensary evade taxes by way of a clever payment arrangement. Arizona is run by crooks. Our state is required by law to maintain 99% prison occupancy. Arizona throws you in jail if your Mexican or suntanned. This is THAT state.



Thanks for reading!





Dude, am I wrong or this was already adressed and you forgot to learn to read ?

If they sell weed for one cann coin, and that cann coin is worth 5 cents, then they will put a 5 cents coins in the ledger with a proof.

So what you say seems completely irrelevant.

NOW BUY BUY BUY BEFORE IT'S TOO LATE !

ps: But don't buy too fast, I need coins too.



Thanks for the comment.


I understand that the dispensary can sell weed for 1 CANN, and that CANN is worth 5 cents, then they will put a 5 cents coins in the ledger for the transaction.


My point is that when a dispensary sells 1 gram of marijuana, the State of Arizona wants to collect the tax from a $20 USD sale. That's their money. Instead your telling the State of Arizona to take collect the tax associated with a 5 cent sale instead of a $20 sale. That's taking money from the State of Arizona, and that's a big NO NO.


My concern is that the State will simply prosecute dispensaries for tax evasion and money laundering, because the dispensary isn't paying the tax for the real value of the sale.


(ESPECIALLY in a situation where the dispensary pays the State tax on a 5 cent sale, and then later converts the CANN to USD for more than 5 cents)



Thanks

INCORRECT

42 points deducted.
718  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions. on: October 18, 2014, 02:23:11 AM

  I AM however an Arizona medical marijuana patient/grower who has worked in the medical marijuana industry in California since 2005, and Arizona since 2009.


So you're a competitor to HWC.

Got it.  Noted. Exactly as suspected.


No, I'm not a competitor of HWC.


You say you've worked in the industry for nine years.

Do you sell marijuana to other patients?

If the answer is yes (and for your claim to be the 'industry' to be true, it pretty much has to be), then you're a competitor.

You're threatened by change. Understandable.  But you'd be better served to learn and adapt instead of fighting it out of fear.





I don't currently sell marijuana to other patients, but I'd be a liar if I said that I had never done so.


How's this for honest and transparent? Even though I don't work for any dispensary, and I don't sell marijuana to any patients, I WOULD be willing to accept the notion that I'm a competitor simply in the sense that I don't support the CORPORATE dispensary model and the high prices for marijuana that come along with it.


So in a nutshell;


NO I do not support the $400/Ounce prices that Herbal Wellness Center has advertised on their website.

YES I do support selling 1 gram of medical marijuana for 6 cents.



My agenda is working to lower prices of medical marijuana for seriously ill patients, and if Cannabis Coin furthers that agenda, awesome!


My point is simple though; EVERYONE has an AGENDA, myself included, even if they aren't specifically a competitor by definition.


Change I can handle, so long as it furthers the end goal of helping the patients. If it doesn't further that agenda, it's worthless.


Asking sick people to convert their USD to Cannabis Coin so that they can buy 1 specific house strain of marijuana from 1 particular dispensary, rather than buying the strain that actually works for their condition, is NOT in the best interest of seriously ill patients.



Thanks

INCORRECT
719  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions. on: October 18, 2014, 01:58:04 AM
I think this coin is the best way for MMJ shops to operate. shit even illegal drug dealers will start to accept cannabiscoin for weed... its so much better than dollars. i actually think this Coin will revolutionize the whole weed industry in america, maybe even the world in the near future. Can't wait until Holland jumps on board this then I can drive up there n get some free weed Grin

I just wish i would've known about this coin earlier and had a better mining rig to support the hashing.


YES WE CANN!

Why use CANN instead of easier to spend BTC or totatlly anonymous/private XMR?

Because they accept it, nuff said.
720  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions. on: October 17, 2014, 07:17:56 AM
next to bitcoin stand all the weedcoins! ...no other coins matter... all other coins are dumb...there is only bitcoin...and weedcoins!   WRITE IT DOWN!

A pump on every single weed coin tomorrow would be EPIC!


CANN, MARYJ, CCN and THC are all on the first page of bittrex. STV sativa coin is also starting to move up on bittrex. STV now has 1.5 BTC volume!

This is crazy good.


A lot of rich stoners this week!

I honestly dont understand why ppl buy all this other Weed Coins. Cann ist the only One with a solid plan and has this event on Monday. Why then investing in an other one? Do they hope this coins all go up like CANN and they can go in early cause they missed on CANN? But even that makes no sense because CANN is still cheap as hell



CCN is a good one as well. They have a good product (their coding talent) and are active in the community.

and CANN got it all, its not just an ordinairy coin. Cannabiscoin can be used in shops starting at 20th oct ( in 3 days / comming monday ), got 1 of the best dev teams in the cryptoworld and are active in here. And the management team is just pro, also the marketing and the connections they have in the real world

Not forgetting media coverage for the event too, more than 50k registered patients in Arizona will soon learn about CannabisCoin and guess what happens next?  Grin

Largest dump in crypto history? Cheesy
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