Marijuana coins in 2018

[t3hpwnographer]

Which marijuana-related coin(s) do you think will take off as more legalizations kick in next year? I put together a list of the ones I could find on CoinMarketCap and compared their ties to the industry that could make them more successful: https://bitcointalk.org/index.php?topic=2658296.0

It would be pretty easy to go with the current top 5, but maybe there's a sleeper or two in the mix?

[lokinator]

Which marijuana-related coin(s) do you think will take off as more legalizations kick in next year? I put together a list of the ones I could find on CoinMarketCap and compared their ties to the industry that could make them more successful: https://bitcointalk.org/index.php?topic=2658296.0

It would be pretty easy to go with the current top 5, but maybe there's a sleeper or two in the mix?

Let me ask the obvious question here -- why in God's name do you need a cryptocurrency to pay for marijuana, when it's legal? Why not just pay for it with fiat? You'd think the essence of marijuana cryptos would be to keep transactions under the radar. What is the point of a "weed" coin once it's legal?

Is it just so the pot heads can feel like they have some grip on, or portion of the crypto community? You can toke up, play video games, eat cheetos, and proclaim your blockchain prowess! 

I don't get it.

[nunzio2012]

Which marijuana-related coin(s) do you think will take off as more legalizations kick in next year? I put together a list of the ones I could find on CoinMarketCap and compared their ties to the industry that could make them more successful: https://bitcointalk.org/index.php?topic=2658296.0

It would be pretty easy to go with the current top 5, but maybe there's a sleeper or two in the mix?

I think those marijuana coins doesn't have future.

If I want to buy weed, I will just use LTC or Monero. Why the hell I will exchange to special coin??

[qwizzie]

https://www.financemagnates.com/cryptocurrency/news/payments-platform-alt-thirty-six-integrates-dash-cannabis-sector/

Alt Thirty Six, a digital payments platform, has announced that it will integrate the cryptocurrency Dash as a method of payment. Arizona-based Alt Thirty Six will provide a new solution,
the 36 platform, that enables businesses to accept Dash, rather than absorb cash handling or card fees.

Alt Thirty Six will first tackle the American legal cannabis industry, where legally compliant dispensaries across the US will integrate the payment platform directly, or white label it.

2018 will be the year that Dash breaks into the USA legal cannabis industry in a major way.

[desciglio2]

Marijuana coin's only name is beautiful but I say 'Marijuana may be disappointing'. Let's see what will happen? 

[BitcoinHodler]

Which marijuana-related coin(s) do you think will take off as more legalizations kick in next year? I put together a list of the ones I could find on CoinMarketCap and compared their ties to the industry that could make them more successful: https://bitcointalk.org/index.php?topic=2658296.0

It would be pretty easy to go with the current top 5, but maybe there's a sleeper or two in the mix?

Let me ask the obvious question here -- why in God's name do you need a cryptocurrency to pay for marijuana, when it's legal? Why not just pay for it with fiat? You'd think the essence of marijuana cryptos would be to keep transactions under the radar. What is the point of a "weed" coin once it's legal?

Is it just so the pot heads can feel like they have some grip on, or portion of the crypto community? You can toke up, play video games, eat cheetos, and proclaim your blockchain prowess! 

I don't get it.

you are not alone my friend.
and it is because there is no logical relationship between these cryptos and cannabis industries! since they have never been used for that a purchase of any kind. people may have used anon coins such as Monero and Zcash or even the least anon coin of all: bitcoin but they don't really use Marijuana coins to buy weed

but this is altcoin market we are talking about. they have got pumped for reasons less than this. it won't be a whole year of fun and profit but it will be a short time of big pumps.

[t3hpwnographer]

Let me ask the obvious question here -- why in God's name do you need a cryptocurrency to pay for marijuana, when it's legal? Why not just pay for it with fiat? You'd think the essence of marijuana cryptos would be to keep transactions under the radar. What is the point of a "weed" coin once it's legal?

Is it just so the pot heads can feel like they have some grip on, or portion of the crypto community? You can toke up, play video games, eat cheetos, and proclaim your blockchain prowess! 

I don't get it.

I think one important thing to note is that even though marijuana may have been legalized by the state, it is still illegal on the federal level (at least in the US). There are plenty of web-based businesses in the marijuana industry that can't necessarily work with cash, and the hazy state of legality may put a number of people off from using credit/debit so cryptocurrency fills that gap nicely. So while it may not be completely necessary, I think it's a good layer of security for something that's still possibly very risky.

Also, a few of the weed coins are setting up platforms for marijuana businesses that get shunned by more "mainstream" platforms. They can't advertise with Google or Facebook, so DopeCoin's Smoke Exchange could be a great option for them.

[t3hpwnographer]

If I want to buy weed, I will just use LTC or Monero. Why the hell I will exchange to special coin??

A couple of them have/intend to have special relationships with dispensaries that would give you bonuses for using their coin. Though the point of my list is to compare coins that are clearly meant to appeal to potheads; I'm definitely not saying any of them are better than other privacy-focused coins.

[mdenys]

Marijuana coin   lol  This blockchain rush is getting more and more crazy.There's no need special coin for buying it,99.99 % of people getting it for fiat.Another useless coin for speculations.

[ciacio84]

We only lack the coin to shit
 
 

[Uhde]

what is the meaning. i mean what is the relation between marijuana and blockchain technology. If they want to make anonymous payments on blockchain they can use bitcoin instead or a faster altcoin. I dont think these coins have a future.

[greyday]

Let me ask the obvious question here -- why in God's name do you need a cryptocurrency to pay for marijuana, when it's legal? Why not just pay for it with fiat? You'd think the essence of marijuana cryptos would be to keep transactions under the radar. What is the point of a "weed" coin once it's legal?

Is it just so the pot heads can feel like they have some grip on, or portion of the crypto community? You can toke up, play video games, eat cheetos, and proclaim your blockchain prowess!  

I don't get it.

I think one important thing to note is that even though marijuana may have been legalized by the state, it is still illegal on the federal level (at least in the US). There are plenty of web-based businesses in the marijuana industry that can't necessarily work with cash, and the hazy state of legality may put a number of people off from using credit/debit so cryptocurrency fills that gap nicely. So while it may not be completely necessary, I think it's a good layer of security for something that's still possibly very risky.

Also, a few of the weed coins are setting up platforms for marijuana businesses that get shunned by more "mainstream" platforms. They can't advertise with Google or Facebook, so DopeCoin's Smoke Exchange could be a great option for them.

Actually the problem is banking. Most banks, being national and not state based, are unwilling to risk working with dispensaries (even medical ones) right now, which has resulted in most dispensaries becoming cash only as POS became impossible, especially once Square started refusing to process indirectly. Here in Oregon, that all happened right around the time Sessions took office (shocking, I know). Altcoins, specifically DASH, could solve the problem (google "alt thirty six" if you're interested in specifics). I know the weed named coins want to be that coin, and in some markets I think they are established to some degree--or it's all marketing and nobody is--but either way my money is on DASH to take on that role, at least initially, as the alt36 people have been setting up a POS system and trying to make agreements for over a year now (unless that is also marketing). However, in the log term, I think any stable coin with a fast confirmation cycle can easily take on that role...

[Pierre 2]

Marijuana coins are going to die mostly in my opinion as legality problem is gone in 1st world countries.
Also their developments are relatively worse than other coins' I don't plant to invest, ever.

[pugi2]

Which marijuana-related coin(s) do you think will take off as more legalizations kick in next year? I put together a list of the ones I could find on CoinMarketCap and compared their ties to the industry that could make them more successful: https://bitcointalk.org/index.php?topic=2658296.0

It would be pretty easy to go with the current top 5, but maybe there's a sleeper or two in the mix?

I think those marijuana coins doesn't have future.

If I want to buy weed, I will just use LTC or Monero. Why the hell I will exchange to special coin??

Most people will prevent that kind of altcoin grow in the market, there is no so much community and supporter in the back of such kind of project.
However i will never say that altcoin will grow in the market. Need to buy marijuana them use fiat.

[franklinrichards]

may be slightly increased from the previous year. but when you want to use it as an investment in the long term I think it would be much more promising.

[pavlem]

Have future for pump and dump. Nothing else.

[ChrisCross86]

From my point of view, there is no reason why a dope grower should use this coins. Every crypto is ok to transfer money. The technique of this coins is only average. I would recommend to invest in something with a solid product and not in shitcoins only related to a booming industry.

[HeadshotDel]

There is one guy - George. YT: CruproR-US.
Said he likes marija coin industry and besides Hemp, Dope, Pot, and Cannabis there is one more very promising coin.
It is super low market cap and price. And quote: "has their shit together, they are making their partnerships already, doing all the right things and yet no one has paid attention to them"
They came out in 2017. Might be Growers Intl? He said he will disclose it later.

[t3hpwnographer]

There is one guy - George. YT: CruproR-US.
Said he likes marija coin industry and besides Hemp, Dope, Pot, and Cannabis there is one more very promising coin.
It is super low market cap and price. And quote: "has their shit together, they are making their partnerships already, doing all the right things and yet no one has paid attention to them"
They came out in 2017. Might be Growers Intl? He said he will disclose it later.

That definitely sounds like Growers International. None of the other marijuana coins that came out in 2017 have been very active at all while GRWI is making new partnerships and advancements. Also has a very low market cap (currently ~$4 mil) and a super low supply (just over 1.1 mil) that make it pretty attractive.

[jpday5203]

Could it also be Paragon? Seems to fit aforementioned criteria too.