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Author Topic: did you know industry marijuana will be good future in cryptocurrency?  (Read 820 times)
lighpulsar07
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December 08, 2017, 11:52:48 PM
Last edit: December 09, 2017, 03:36:47 PM by lighpulsar07
 #21

Yeah. Marijuana industry have a good effect on cryptocurrencies especially monero because in some countries, marijuana is still illegal so, if you caught using marijuana more likely you will end up in jail and that's why cryptocurrencies such like monero comes handy because of anonymity no one will know you are the buyer nor the seller. But a marijuana backed altcoin? Seems interesting but in i think it will have a huge setback especially in countries where the marijuana is illegal
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December 09, 2017, 12:33:43 AM
 #22

It needs to be legalized first before you can have this discussion. I know it is legal in some parts of the world but your never going to get any major US player to get on board with a banned illegal substance. First drop the stigma associated with marijuana and then we can have this conversation. Until then it feels like everything is a moot point.

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December 09, 2017, 01:10:48 AM
 #23

As the main problem of cannabis vendors in the USA (in states where it is legalized already) is that they have to cope with huge amounts of cash every day because banks wont work with them. They have to store all the cash they earn somewhere safe and this can be very difficult. It bears a very high risk for them. This is where cryptocurrency comes into play, it is really useful for them, because they can accept it as payment and dont have to fear to get robbed etc.
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December 09, 2017, 01:26:59 AM
 #24

If it is plants kind of narcotics then it probably use in the dark market and i will not support personally.
But this is cryptocurrency all over the world every can has different opinio.
If that new coin just pum and dump better compare it to bitcoin.
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December 09, 2017, 03:02:02 AM
 #25

If you are reffereing to medical marijuana, people might support it, however marijuan is still considered an illegal substance around the world, if this is for the support of research why not, but funding it as means to be distributed like illegal drugs or for purposes like that, it may not be supported. We all know that bitcoin can give a huge financial boost when it comes to such industry, but let us not waste good money in support of marijuana other than research and in time we might see good feedback for marijuana around the globe not just for getting high like we see on movies.
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December 09, 2017, 08:12:57 AM
 #26

Lets Discus!

recently, I noticed that some Cryptocurrency moves in the cannabis industry experienced a very large grow up this week. This cannabis plant is still a lot of countries that can not legalization and debate about this plant, Because this type of plant belonging to one of narcotics. recently. I searched for more information and I found interesting things that could be useful for treating gains in medicine, I also read an article that contained about marijuana plants in embroidered cloth (I'm not really sure about it initially  Grin).

this is cryptocurrency within the cannabis industry: (Potcoin, HempCoin, DopeCoin) I hope this helps  Smiley

In my own hones opinion, every coin that whose objective nothing other than promoting cannabis is a joke and one of the projects soiling the name of crypto currency by giving further arguments to those people who hold that crypto currency is being used for illegal activities since cannabis is illegal in most countries of the world.

Cannabis and other drugs have caused more harm than good in any social setting of the world irrespective of how the promoters of such want people to believe other wise. You see young people getting wasted away then turn to social miscreants to disturb the community and the only thing they take which is different from those who help the community is cannabis and all of other drugs.
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December 09, 2017, 08:31:31 AM
 #27

Not at my country , that's why my government still forbid bitcoin as main transaction because it can be use for illegal activity.
But for other country that still not have any problem with bitcoin, there is a potential for drug dealer to do transaction using bitcoin for preventing get caught by law enforcement !


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brontosaurus
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December 09, 2017, 08:53:41 AM
 #28

Lets Discus!

recently, I noticed that some Cryptocurrency moves in the cannabis industry experienced a very large grow up this week. This cannabis plant is still a lot of countries that can not legalization and debate about this plant, Because this type of plant belonging to one of narcotics. recently. I searched for more information and I found interesting things that could be useful for treating gains in medicine, I also read an article that contained about marijuana plants in embroidered cloth (I'm not really sure about it initially  Grin).

this is cryptocurrency within the cannabis industry: (Potcoin, HempCoin, DopeCoin) I hope this helps  Smiley
Aren't we making this just too foolish? We get any thing and we just make an ICO out of it? I know that marijuana is good but making an ICO or coin for it is really foolishness if one really wants to trade in it bitcoin is enough and if you think of raising an ICO for buying large fields to plant marijuana I think you are quite mistaken.
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December 09, 2017, 08:57:10 AM
 #29

Not at my country , that's why my government still forbid bitcoin as main transaction because it can be use for illegal activity.
But for other country that still not have any problem with bitcoin, there is a potential for drug dealer to do transaction using bitcoin for preventing get caught by law enforcement !

Although the state forbids it but we can not assume the transaction is illegal, the principle of developed countries is regulating the dosage of use and tracking its movements regularly, marijuana and other drugs are also very important to the medical world and bitcoin will ease everything because its circulation is more controlled if it is also overseen by the government.

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December 09, 2017, 09:03:32 AM
 #30

The reason why majority of the countries could not legalized marijuana even though there were positive effects laid out by those people who support it (professional doctors and specialist), was due to other people that abuses it, which is the same reason why cryptocurrencies often misunderstood. The characteristic of digital coins being anonymous was one of its hindrances being legally accepted worldwide. Bitcoin was considered as the major currency of blackmarket sites whom majority of the products were illegal, including drugs were majiruana is categorized. If we can only eradicate syndicates that uses majiruana for illegal purposes, that will be time people will turn around their thoughts regarding cryptocurrencies.
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December 09, 2017, 09:19:40 AM
 #31

Marijuana is consider as illegal in some countries that why user of marijuana pay crypto currency so that they can be anonymous, they is the down side of crypto currency because it is being used for illegal things with having the hassle of an upfront payment.
Lancusters
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December 09, 2017, 10:17:27 AM
 #32

Marijuana is consider as illegal in some countries that why user of marijuana pay crypto currency so that they can be anonymous, they is the down side of crypto currency because it is being used for illegal things with having the hassle of an upfront payment.
Now in the chain of bitcoin are about 200 thousand of unconfirmed transactions. If all addicts will use to buy drugs bitcoin then maybe the world would be one problem less. It will be easier to quit drugs than to wait for the goods. Selling drugs for bitcoins is fake which is distributed by the bankers.
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December 09, 2017, 10:20:50 AM
 #33

On a normal not, marijuana is among the good product for good number of medicine but some users who misuse it turns it to a product which is been used with caution. It will or may be a good thing if this industry marijuana cryptocurrency is recognition but there should be a limitation and proper security scrutiny in it activities. Because if fully emerged will bring along it good effect and also bad effect. And when it emerge, the every patronizers will be traders in the dark net. By this giving it a bad impression. As we can see from the way Monero is mostly viewed by some cryptocurrency traders.

I believe most governors or presidents of countries knows why there is this law placed on the activities of marijuana, its for the citizen best interest after all.
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December 09, 2017, 10:32:57 AM
 #34

these cannabis industry related altcoins such as Potcoin, HempCoin, DopeCoin,... are usually getting pumped together. it is nothing new and it doesn't really show anything about their future in my opinion. it is just a simply pump and dump which comes and goes periodically.

and generally speaking limiting the usage of a coin is not such a good idea ever. specially to something illegal like marijuana!

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December 21, 2017, 10:48:47 AM
 #35

It will surely be a great thing to use for dealing with marijuana, but only to areas where the plant is considered as illegal.
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February 24, 2018, 02:17:33 PM
 #36

I don't think so that it is a good future in cryptocurrency, because we all know that all people are having different perceptions when it comes to marijuana. In addition there are some countries that will accept marijuana and there is some countries that are not accepting it. To those countries who are accepting marijuana is just because of the medical purpose unlike to other countrie, see's marijuana as an addicted drug that's why they no longer accept it. So in this case, marijuana will be good future in cryptocurrency based on the country's who wants to implement it.

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February 27, 2018, 09:27:02 AM
 #37

probably such crypto-currencies will be banned, is not it too obvious violation of the law? Smiley

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February 27, 2018, 10:05:05 AM
 #38

Just a thought, for other countries maybe. Were marijuana is legal. But here in the Philippines, what I see is they will just abuse it. Some of the doctors are prescribing marijuana for medical use but there is a certain amount of grams or dose that they are allowed to use or to carry. So if a person is carrying a big dose and been caught by police here in the Philippines. They will be imprisoned and I think their is no bail when you caught carrying marijuana here. So I think industry marijuana in cryptocurrency here in the Philippines will not boom here.

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February 27, 2018, 10:56:07 AM
 #39

I think that if some countries (the USA especially) legalize marijuana at the federal level, then the blockchain projects related to this will appear even more. Governments have not yet developed there attitude toward blockchain itself and the crypto market in general.

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February 28, 2018, 03:21:27 PM
 #40

probably such crypto-currencies will be banned, is not it too obvious violation of the law? Smiley
In the recent past we have seen that there were some stocks related to marijuana in the United States which had a huge profit and raised almost 80% from their initial offers.

The thing here is that it is legal in some states of the US so they can get the profit which they earned, but if they come to the crypto currency market then what will be the status outside the United states, because crypto market has no borders and it is available in every part of the world. This will be the biggest question for them as well, lets see how they deal with this.
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