[POT]PotCoin - Banking for the Legal Cannabis Industry ✦ ✦ ✦Grow With Us ✦ ✦ ✦

[roller24]

Interesting site man.  If one purchases something from your site with crypto, what is there to protect the buyer's purchase?  Is this site open for orders now or on August 1st?

Real good question, my thoughts exactly. Also the organisation of categories is a total mess.

I posted the link to the refund policy in the reply to that post. Here it is again
http://www.tmart.com/HelpCenter/Return-Policy.html

And yes the categories are a total mess. Im working on them, They were fuckled on the import cvs file, so no real control on my end could have alleviated the issue.  I think there is a language barrier as the supplier is in China.
The product search works well if you know a specific of what your looking for.
This is my first online store so I'm on a learning curve getting the details sorted.

[roller24]

If anyone came by the site was down for a day, but is up and running again and accepting POT

[karlb187]

Long Live POT Coin!

Where or when can I get some bud with these coins, anywhere in the states? 

[karlb187]

thats the point!! soon you will be able to purchase pot with POTCOINS!!!

we just need to get the value of the coin up to 1 penny!! then we can buy pot~

THANKS FOR THE SUPPORT! If you want to help out go to www.potcoin.info

I seen the price around 2000 satoshi per POT on coin-swap today. 

[ny2cafuse]

I seen the price around 2000 satoshi per POT on coin-swap today.  

You're seeing the selling price near that.  The buyers are still locked below 1100, with mintpal going towards sub-1000.

I just want to go on record as saying this should be a lesson to the people that shouted for a halving because the coin was getting driven down in price.  The price per block is now worse than before.  I know the crypto world is down as a whole, but this is just silly.  The lesson here is that laws of supply and demand, specifically supply, don't always apply to crypto the way you think they will.

Im sorry you feel that way but, we asked the community all over and all.networks and here and everyone feels that their are to many coins be mined daily and not enough use yet so the best solution is to halve the block reward.

Im sorry we cant please everyone

LOL... there aren't enough uses yet, so you're going to limit the amount of coins being generated.  Why not push harder on finding uses for the coin?  This seems completely backwards in thinking.  Halving the reward will make the coin unprofitable until the price goes up to balance things out.  The price won't go up until there are more uses for the coin and there is a higher demand for it.  You are absolutely dense if you think this block halving is a good idea... especially if it's "because there aren't enough uses for the coin".

You say you asked the community... so where's the poll?  Where is the community vote?  Did some 2 week old account tell you "you should halve the reward so it'll go to the moonz!"?  This is idiotic, at best.

Plenty of long time miners and supporters have already come forward and said this was a stupid idea.  You failed to listen to the voice of reason in support of false profit.

-Fuse

-Fuse

[vesperwillow]

I just want to go on record as saying this should be a lesson to the people that shouted for a halving because the coin was getting driven down in price.  The price per block is now worse than before.  I know the crypto world is down as a whole, but this is just silly.  The lesson here is that laws of supply and demand, specifically supply, don't always apply to crypto the way you think they will.

Yup.. right now people make about a quarter of what they would've been otherwise making. I wonder where that price will be when it drops in half again, to 105 pot per block, in 2 weeks.

Potcoin has had lots of movement in the community lately, hope you guys keep it going.

[blakeaholics]

Interesting site man.  If one purchases something from your site with crypto, what is there to protect the buyer's purchase?  Is this site open for orders now or on August 1st?

Real good question, my thoughts exactly. Also the organisation of categories is a total mess.

I posted the link to the refund policy in the reply to that post. Here it is again
http://www.tmart.com/HelpCenter/Return-Policy.html

And yes the categories are a total mess. Im working on them, They were fuckled on the import cvs file, so no real control on my end could have alleviated the issue.  I think there is a language barrier as the supplier is in China.
The product search works well if you know a specific of what your looking for.
This is my first online store so I'm on a learning curve getting the details sorted.
 

Sorry I didn't mean for that to be offensive, I wrote it quickly but was just meaning to give some feedback. Best of luck to your ventures.

Why not get PotCoin on CCEX so there's an easy POT to USD service for the general public?

[kisrap]

i can see potcoin is my future in cryptocoins

[piropig]

I seen the price around 2000 satoshi per POT on coin-swap today.  

You're seeing the selling price near that.  The buyers are still locked below 1100, with mintpal going towards sub-1000.

I just want to go on record as saying this should be a lesson to the people that shouted for a halving because the coin was getting driven down in price.  The price per block is now worse than before.  I know the crypto world is down as a whole, but this is just silly.  The lesson here is that laws of supply and demand, specifically supply, don't always apply to crypto the way you think they will.

Im sorry you feel that way but, we asked the community all over and all.networks and here and everyone feels that their are to many coins be mined daily and not enough use yet so the best solution is to halve the block reward.

Im sorry we cant please everyone

LOL... there aren't enough uses yet, so you're going to limit the amount of coins being generated.  Why not push harder on finding uses for the coin?  This seems completely backwards in thinking.  Halving the reward will make the coin unprofitable until the price goes up to balance things out.  The price won't go up until there are more uses for the coin and there is a higher demand for it.  You are absolutely dense if you think this block halving is a good idea... especially if it's "because there aren't enough uses for the coin".

You say you asked the community... so where's the poll?  Where is the community vote?  Did some 2 week old account tell you "you should halve the reward so it'll go to the moonz!"?  This is idiotic, at best.

Plenty of long time miners and supporters have already come forward and said this was a stupid idea.  You failed to listen to the voice of reason in support of false profit.

-Fuse

-Fuse

POT was around 500 when they halved this coin I thought.  Maybe im wrong.

[ny2cafuse]

POT was around 500 when they halved this coin I thought.  Maybe im wrong.

There was a strong selloff of POT in early May.  I am going to go on a limb and say that the halving was probably being seriously discussed in Reddit earlier than it was here.  I'm not going to say one is a direct result of the other, but letting it ride out a little longer would have been a smart move.  The halving was announced May 9th in this thread.  At that time the high for the day on Mintpal was 885.  Before that, it was breaking 1000 on a regular basis, with the highest pump hitting 3700.  I sold nearly all my holdings at the time at 3500-3600.  My team did the same as we watched the pump.  Hopefully others did the same.

Per block value of POT before halving < per block value of POT after halving.  To be as profitable as before, the price would have had to have doubled.  Below is a chart of the life on Mintpal.  Blue is the previous floor, or the minimum profitability.  To be as profitable as before, the red line(the new floor) would need to be where the yellow line is.  We went into the previous profitability on two pumps, but it was quickly pushed back down.  The charts don't lie.



-Fuse

[BusterNutBag]

I was recently on vacation in Colorado and somebody gave me a paperwallet for potcoin and I have no clue how to use it or what to do with it. Can you help me? it took me 2 week just to get here lol

[IMJim]

I was recently on vacation in Colorado and somebody gave me a paperwallet for potcoin and I have no clue how to use it or what to do with it. Can you help me? it took me 2 week just to get here lol

HA!  That's really cool, welcome to the crazy crypto world:-)  Haven't used paper wallets yet myself so unfortunately can't answer your question, but rest assured another member will shortly.

[ny2cafuse]

i've been reading this thread for a long while -lurking- but can somebody tell me what innovations are occurring, outside of PR, with Potcoin that would make me buy back in?

I'm just not seeing it....

But the PR is the innovation! 

-Fuse

[blakeaholics]

I was recently on vacation in Colorado and somebody gave me a paperwallet for potcoin and I have no clue how to use it or what to do with it. Can you help me? it took me 2 week just to get here lol

Here, this should help, bottom of the page: http://dogecointutorial.com/paper-wallet.html

It's the exact same process for PotCoin, just in the PotCoin wallet instead.

[pics4crypto]

i've been reading this thread for a long while -lurking- but can somebody tell me what innovations are occurring, outside of PR, with Potcoin that would make me buy back in?

I'm just not seeing it....

you should check out the awesome website
http://www.potcoin.com/,

the twitter account,
https://twitter.com/PotCoin

reddit,
http://www.reddit.com/r/PotCoin

etc.

merchants that are accepting the coin, real life ATMs, "pre-paid" POTcards that you can buy with FIAT (through Paypal) , etc. , a LOT more info than in this thread

[pics4crypto]

I was recently on vacation in Colorado and somebody gave me a paperwallet for potcoin and I have no clue how to use it or what to do with it. Can you help me? it took me 2 week just to get here lol

Here, this should help, bottom of the page: http://dogecointutorial.com/paper-wallet.html

It's the exact same process for PotCoin, just in the PotCoin wallet instead.

there are some infos on POT's website under Wallets also....

[pics4crypto]

POTcoin on Coinbrief:


http://coinbrief.net/potcoin-introduction-potcoin/

[pics4crypto]

$2,000 raised for FRAXA by PotCoin Community using PotFunder

http://www.potfunder.com/category/blog/


things are happening....

[ironhammer5]

Evening all, I'm now officially helping to run the social media for PotCoin. Some of you may have seen me around the PotCoin community before.

Anyhow, here's the latest post to go up on PotCoin.com - it includes some recent statistics (including 2.5 million PotCoin sold on PotCards) and an overview of just how far the coin has come in the last seven months: http://www.potcoin.com/an-overview-potcoin-systems-showing-rapid-growth-in-first-7-months/

Some nice stats included, such as "more than 2,425,000 PotCoins have been sold on PotCards" since going on sale in mid-July.

[ironhammer5]

New dispensary to accept PotCoin: http://www.potcoin.com/jp-wellness-dispensary-to-be-accepting-potcoin/