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Author Topic: What is your opinion about [CANN] Cannabiscoin?  (Read 466 times)
GriffinHeart
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November 21, 2015, 09:08:06 AM
 #1

I've been interested in Cannabiscoin for about a week now but I'm no expert on CANN's status with the community.

The market balance is fair, about 0.00000700 BTC/ 700 satoshi. It is stable to about a 10%+- and I haven't seen a crash in it's market...
Has anyone had experience with CANN and could explain why it's a good idea to start trading with it or why it's a horrible idea because I can't make such a decision with the miniscule amount of knowledge I hold.

Fanks

Hi there, I'm from South Africa.
This means I'm poor, I guess.
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November 21, 2015, 09:19:07 AM
 #2

Cann's volume is practically non-existent at least compared to what it was.

And of course weed is getting legal in most places and where it's illegal you can't ship it there safely so weedcoins doesn't offer anything extra over FIAT or other established generic cryptos so I think it's safe to say the era of weedcoins is over and it's not likely they'll come back anytime soon.

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November 21, 2015, 09:37:18 AM
 #3

I agree.  Just stay away from CANN.  I used to support it but it seems the people behind it are incapable.

Plus there were allegations of a premine.

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November 21, 2015, 11:30:26 AM
 #4

yes. allegations of a premine.
but has low daily inflation. 
and as Grif says "stable to about a 10%+- and I haven't seen a crash in it's market".

so it is starting to look like a decent coin to trade.

if D9 demonstrates a plan with real world traction then boom goes the price.
if it was all fluff and no puff then it is still a good 800-700 satos coin.
 

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November 21, 2015, 11:57:34 AM
 #5

yes. allegations of a premine.
but has low daily inflation. 
and as Grif says "stable to about a 10%+- and I haven't seen a crash in it's market".

so it is starting to look like a decent coin to trade.

if D9 demonstrates a plan with real world traction then boom goes the price.
if it was all fluff and no puff then it is still a good 800-700 satos coin.
 

With that kind of volume?  No.

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November 21, 2015, 01:23:07 PM
 #6

well come on, give some credit, it's #85 on marketcap and trades around 1BTC/day ... that's fair or even a little above average for that sector of the market.

yes you're hobby trading for pennies but it has enough action to make it interesting.

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November 21, 2015, 01:36:47 PM
 #7

well come on, give some credit, it's #85 on marketcap and trades around 1BTC/day ... that's fair or even a little above average for that sector of the market.

yes you're hobby trading for pennies but it has enough action to make it interesting.

That is one good reason not to recommend anyone to buy into it.  People could get trapped aka bag holding.

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November 21, 2015, 02:22:44 PM
 #8

I agree.  Just stay away from CANN.  I used to support it but it seems the people behind it are incapable.

Plus there were allegations of a premine.

I was gonna write some code but then I got high.
I was gonna call some weed dispensaries but then I got high.
(La da da da da da da da da)
There's no volume on coinmarketcap and I know why (why man?) yeah, heyyy
Cause I got high, cause I got high, cause I got high.
(La da da da da da da da da)

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November 21, 2015, 03:59:38 PM
 #9

aren't those trash coins, why people are interested? they are the same as leafcoin, pandacoin, paycoin, mineralcoin, blackcoin, big hype behind but then offer nothing, copy paste
try to follow more, only those coins that are a bit revoluzionary, maidsafe is one for example, then i like monero also
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November 21, 2015, 04:08:46 PM
 #10

The hype on the backing of CANN with cannabis is over. People have been tricked into buying URO which promised to back each coin into 1 ton of urea. Now people are shunning away from these 'backed' coins.

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