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Author Topic: [POT]PotCoin - Banking for the Legal Cannabis Industry ✦ ✦ ✦Grow With Us ✦ ✦ ✦  (Read 920055 times)
TaShoKi
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October 05, 2016, 01:57:43 AM
 #6021

Coin is trending a bit in the last 24 hours on Poloniex.
I didn't realize this coin has been around for two years already.
Very interesting and a good sign that some of these seed stores/ head shops accept it as a payment so there is actually something to do with it besides trading.
I'm going to buy a couple coins and hope for the best!  Grin
A good choice. This coin have a good potential for growth. Roll Eyes
"The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime." -- Satoshi
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TaShoKi
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October 05, 2016, 02:04:19 AM
 #6022

and there are only 420 Million coins most of them already mined and circulating with prices this cheap is easy to scoop up like 1% of that market and whale away  Roll Eyes
0.0001BTC price per coin is not chimerical idea Tongue
Money_king88
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October 05, 2016, 01:17:00 PM
 #6023

Need some help.. does anyone got updated blockchain file I can't get this wallet to sync been try for a few days..

Also any help on the Android wallet not having connection want to fully support this coin but with both wallets down for.me I can't do that as I don't hold coins on exchanges
buy4crypto
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October 05, 2016, 06:00:05 PM
Last edit: October 05, 2016, 07:15:32 PM by buy4crypto
 #6024

Not sure about Android. I'm a new POTcoin investor myself. Just downloading the wallet now. It does take a while. One downside to having a fast payment speed.

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potcoiner420
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October 05, 2016, 06:50:28 PM
 #6025

Need some help.. does anyone got updated blockchain file I can't get this wallet to sync been try for a few days..

Also any help on the Android wallet not having connection want to fully support this coin but with both wallets down for.me I can't do that as I don't hold coins on exchanges



Hi you can download the bootstrap here http://www.potcoin.com/bootstrap.dat which is is the bulk of the blockchain here just put it in C:\Users\YOURUSERRNAME\AppData\Roaming\Potcoin then start the wallet and that should speed up the syncing still going to take some time depending on your pc and internet connection
you may also want to make a config file if you dont already have one in the same directory a text file saved as " potcoin.config " with the following text

rpcuser=potcoinrpc
rpcpassword=password
rpcport=8772
port=8771
banscore=5
gen=0
listen=1
rpcssl=1
server=1
daemon=1
addnode=104.131.2.154
addnode=104.172.24.79
addnode=104.200.151.14
addnode=115.28.42.60
addnode=121.211.207.20
addnode=137.135.51.197
addnode=146.0.32.101
addnode=159.203.4.133
addnode=162.200.211.148
addnode=173.183.179.144
addnode=173.65.129.85
addnode=181.28.228.188
addnode=185.3.33.208
addnode=188.152.77.192
addnode=188.63.77.119
addnode=199.200.107.67
addnode=201.229.76.107
addnode=201.229.78.192
addnode=204.11.237.233
addnode=208.66.68.120
addnode=213.243.132.216
addnode=24.243.177.45
addnode=37.122.209.251
addnode=46.105.158.201
addnode=5.9.20.83
addnode=51.254.199.21
addnode=54.165.139.234
addnode=67.176.118.197
addnode=68.101.63.60
addnode=68.5.173.58
addnode=70.35.204.167
addnode=72.69.82.180
addnode=73.152.223.127
addnode=73.201.180.47
addnode=73.213.90.26
addnode=75.130.163.51
addnode=78.56.42.41
addnode=86.56.9.119
addnode=88.127.17.14
addnode=91.232.105.11
addnode=98.127.22.5
addnode=98.168.190.247
addnode=76.27.123.66
addnode=208.66.68.130
addnode=68.197.68.250
addnode=173.183.179.144
addnode=86.133.247.145
addnode=216.146.143.177
addnode=24.220.150.22
myriadforce
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October 05, 2016, 11:24:49 PM
 #6026

Best coin there is for financial growth and real world traction.
Any doubters to this statement?
State your position . .

myriadforce
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October 06, 2016, 12:34:04 AM
 #6027

Why are we not able to reply to Potcoin posts on Steemit?
https://steemit.com/@potcoin

Competition? he he

Shows what a farce Steemit is.

Modest Mollusk
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October 06, 2016, 12:50:10 AM
 #6028

Alright, I'm jumping on the bandwagon.

I think this coin has pretty good potential: it really does look like it offers a solution for the cannabis industry. Sure, banks will move-in eventually, but quite frankly I don't care! Why would a merchant want to pay 7 to 10% on each transaction, deal with chargebacks or have their accounts frozen?! Of worse - why would I - the consumer, have to pay a premium to offset the bank's risk?!
But forget that - with all that's about to happen with the marijuana industry, I'm definitely long on this thing.

Look at these early spikes - of course there's going to be a sell off right after, that's unsustainable! In April 2014, within two weeks the price went up 250%! Imagine someone moving in and out of positions with say 10K, wouldn't you want to cash in at 25K?

http://i65.tinypic.com/2rz7589.jpg

But look at the chart starting end of August 2016. The volume is almost the same as that in 2014 but the growth is much slower and the curve isn't as steep. Looks bullish to me.

http://i67.tinypic.com/14ecnkg.jpg

Someone on this thread said they had no idea the coin was still around - exactly!! This means that all this time when nobody cared, this thing was being used! It actually serves a real purpose! And from what I hear, there are big news to be announced so I'm excited!
BitcoinNational
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October 06, 2016, 05:26:07 AM
 #6029

Alright, I'm jumping on the bandwagon.

I think this coin has pretty good potential: it really does look like it offers a solution for the cannabis industry. Sure, banks will move-in eventually, but quite frankly I don't care! Why would a merchant want to pay 7 to 10% on each transaction, deal with chargebacks or have their accounts frozen?! Of worse - why would I - the consumer, have to pay a premium to offset the bank's risk?!
But forget that - with all that's about to happen with the marijuana industry, I'm definitely long on this thing.

Look at these early spikes - of course there's going to be a sell off right after, that's unsustainable! In April 2014, within two weeks the price went up 250%! Imagine someone moving in and out of positions with say 10K, wouldn't you want to cash in at 25K?



But look at the chart starting end of August 2016. The volume is almost the same as that in 2014 but the growth is much slower and the curve isn't as steep. Looks bullish to me.



Someone on this thread said they had no idea the coin was still around - exactly!! This means that all this time when nobody cared, this thing was being used! It actually serves a real purpose! And from what I hear, there are big news to be announced so I'm excited!


99% polo effect
and it is going to rain XMR profit taking
+POT has presented a good quality long term project

it be nice to hit RUBY or SDC numbers
but reality is finding stability
price discovery is going to sort that out Wink

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myriadforce
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October 06, 2016, 03:50:28 PM
 #6030

Burst Community has nothing on the Potcoin Community -
https://www.youtube.com/watch?v=E2vVjv7lLFY&feature=youtu.be

Almost at 1000 sats. Nice.

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October 06, 2016, 04:17:49 PM
 #6031

Why banks won't work with legal marijuana industry -
Due to a provision in the Controlled Substances Act, banks that do business with legal marijuana sellers are at risk of losing their deposit insurance or federal charter. In an attempt to mitigate the problem, the Obama administration released a new set of guidelines in February giving banks a tentative go-ahead. Unfortunately the new rules don't actually offer banks immunity from prosecution.
https://mic.com/articles/86347/meet-potcoin-the-cryptocurrency-that-could-solve-the-marijuana-industry-s-biggest-problem#.Vh8NcoMUR

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October 06, 2016, 04:24:58 PM
 #6032

Well some good news finally got my wallet to sync... Now my time to jump on to this coin and stake holding and staking for next year when Canada finally makes this great plant legal and hope a smoke shop opens in my town that will accept this great currency.
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October 06, 2016, 05:11:17 PM
Last edit: October 06, 2016, 05:30:23 PM by myriadforce
 #6033

Now over 1100 sats - heading to the Northern Lights  Roll Eyes

More good reading on Potcoin -
http://www.potcoin.com/wp-content/uploads/2016/04/PotCoin-4.20.2016.pdf

misterx13
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October 06, 2016, 06:16:02 PM
 #6034

Could you set the price higher on the website so we can rise further? Does it change automatically?
Modest Mollusk
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October 06, 2016, 11:12:23 PM
 #6035

Not bad...

http://i65.tinypic.com/9u3i8h.jpg




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October 06, 2016, 11:34:31 PM
 #6036

Potcoin is the true currency of the "Revolution"

PotCoin VS The Banks and Big Pharma

https://www.youtube.com/watch?v=kQZv_PUR9-s&feature=youtu.be

Modest Mollusk
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October 06, 2016, 11:35:04 PM
 #6037

I'm expecting - and waiting for - some profit taking to take place
Either way, this is a buy and hold for me. Don't be that guy who bought  BTC at 0.6 cents and sold it at 3$ thinking he did the trade of his life.
Modest Mollusk
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October 07, 2016, 12:45:06 AM
 #6038

Where do you guys trade POT? On Poloniex?
I just noticed www.potwallet.com - some of the margins there are like 15-25%...
myriadforce
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October 07, 2016, 07:37:39 AM
Last edit: October 07, 2016, 07:49:31 AM by myriadforce
 #6039

Where do you guys trade POT? On Poloniex?
I just noticed www.potwallet.com - some of the margins there are like 15-25%...

Yup, there are a few at Polo that partake in Sacred Growth while trading.
It appears the current new floor for Potcoin is 1000 Satoshis.

With the fresh acceleration of momentum Potcoin has, would not be surprised to see 10,000 Sats by the end of October.

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October 07, 2016, 08:29:10 AM
 #6040

another bull flag incoming  Grin

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