Is there a place for a cannabis-related altcoin?

[FaMeL]

Hi everyone, i'm somewhat new here so please bear with me
First off, i'm not a crypto expert by any means, just a casual fan.
I've been interested in cannabis, as a hobby and a business, for a while but unfortunately the laws of my country (italy) don't allow much.
Recently a local company/start-up (Nativa) has partnered with an alt-coin (WIID) and that sparked my interest in that combination, which I had initially written off, and found other cryptos targeting marijuana (like PotCoin, Tokes and others).
I have invested in a really small amount on WIID because of initial excitement,  and now i'm wondering wheter or not this particular market has any merit to exist or not before I go any further, regardless of which crypto establishes itself.
What do you guys think?

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[ePalm]

I have some PotCoin and have been following this market for a while. I definitely believe there is a future, it's just a matter time. It depends on when the laws will allow it in different countries, so it's probably still in the early stages.

[FaMeL]

I know it's still early to make an accurate call on wheter it will succeed or not, I was just curious to know people's opinion on the matter before i go too deep into it. I'm aware it's always risky so I always invest money I'm ready to lose.
Sorry, I don't want to come across as aggressive, just stating my point of view  
Edit: spelling

[ePalm]

No problem, i get what you're saying. I suggest you invest some money yoy're comfortable spending and most importantly don't sell as soon as you see a negative trend. The secret is holding

[clickerz]

Maybe. I have THC and Dopecoin, but its like their all time low right now. But still, i have hope for this coin, I hop devs  will not abandon this project. Cannabis related coin has future in my opinion.

[sandialoveth]

Well, I don’t know there is something like that exist or not. But I think maybe it has no existence in the cryptocurrency market. I hope that maybe in the future will we able to see some altcoins like that.

[Thirio]

BUBO (another cannabis-related altcoin) was all introductory hype and eventually lowered it's value to i think 0.003? and at the least favorable spot of the coinmarketcap rating. But some says you just gotta hold and eventually (hopefully when the project is all set) it'll have a comeback.

[Treasurer]

BUBO (another cannabis-related altcoin) was all introductory hype and eventually lowered it's value to i think 0.003? and at the least favorable spot of the coinmarketcap rating. But some says you just gotta hold and eventually (hopefully when the project is all set) it'll have a comeback.

BUBO is now worth $ 0.02, and it actually fell in price after ICO. But I believe that all projects working with cannabis, in any case will be on top. Cannabis is gaining popularity as a medicine, but as a drug it has been popular for a long time.

[wack slacker]

I don't think there will be any coin related to cannabis or kind of that is worth to invest.
cause there were too much shit coins related to them in the past. and they are no different from other altcoins,, I can' found any reason to invest in them instead of buying bitcoin or eth,

[nasipadang]

I chose to avoid the name of a crime, but I never knew there was altcoin associated with cannabis, pornography and such, but because I prefer to avoid it so I do not know too much, but if there is any altcoin which related they will not publish it that they are linked to it, because it includes crime.

[javierherr79]

I think there already was coin. Ganja or something like that. Maybe in future someone will create the better one.

[Invest-or]

There is a space for everything in crypto, but I have some limits as to the investments I make and I tend not to go into any controversial coins since there are many.

[Oilacris]

I don't think there will be any coin related to cannabis or kind of that is worth to invest.
cause there were too much shit coins related to them in the past. and they are no different from other altcoins,, I can' found any reason to invest in them instead of buying bitcoin or eth,

Would definitely say the same thing too which i dont even see a single coin that would be related to cannabis would really be worth of the investment and just same as you said they are no different into other altcoins in the market. They do represent something but doesnt really have any actual innovation that it would gives specially when it do uses up erc20 platform which is common.
Anything can be placed on any category you would choose up since creating a token for a particular niche wont really be hard for those who do know.

[_bitnews_]

It seems to me that such altcoins only complicate life for the crypto currency, as public services react negatively to this and begin to negatively treat the entire crypto currency.

[longwintershere]

Hi everyone, i'm somewhat new here so please bear with me
First off, i'm not a crypto expert by any means, just a casual fan.
I've been interested in cannabis, as a hobby and a business, for a while but unfortunately the laws of my country (italy) don't allow much.
Recently a local company/start-up (Nativa) has partnered with an alt-coin (WIID) and that sparked my interest in that combination, which I had initially written off, and found other cryptos targeting marijuana (like PotCoin, Tokes and others).
I have invested in a really small amount on WIID because of initial excitement,  and now i'm wondering wheter or not this particular market has any merit to exist or not before I go any further, regardless of which crypto establishes itself.
What do you guys think?

I don't understand the advantages of specific coins for cannabis only. I think there should be one general currency being used and blockchain would be applied to cannabis platforms, that would make more sense to me.

[FaMeL]

Hi everyone, i'm somewhat new here so please bear with me
First off, i'm not a crypto expert by any means, just a casual fan.
I've been interested in cannabis, as a hobby and a business, for a while but unfortunately the laws of my country (italy) don't allow much.
Recently a local company/start-up (Nativa) has partnered with an alt-coin (WIID) and that sparked my interest in that combination, which I had initially written off, and found other cryptos targeting marijuana (like PotCoin, Tokes and others).
I have invested in a really small amount on WIID because of initial excitement,  and now i'm wondering wheter or not this particular market has any merit to exist or not before I go any further, regardless of which crypto establishes itself.
What do you guys think?

I don't understand the advantages of specific coins for cannabis only. I think there should be one general currency being used and blockchain would be applied to cannabis platforms, that would make more sense to me.

But the same could be said about real currencies, yet we have hundreds of them. Plus, I don't think having different cryptos would be much of an issue, since there will most likely be some system to instantly convert every payment

[El Loco]

I've heard at least two ICOs related to cannabis: Nuvus and Jibbit. I hope these ICOs do not make people think that through the cryptocurrencies you can only buy forbidden things like drugs or weapons.

[Sally34]

This is actually a great idea. I actually don't see much of a point behind the idea of a cannabis related coin at the moment considering that it's still illegal in most countries but just the idea of it being a cannabis related coin would attract a bunch of stoners worldwide

[rb26]

Oh, I never thought that there are alts related to cannabis. I got a little intrigued so I did a really fast search of cannabis in the forum and I found a few alts though I'm not sure if some were implemented or just an idea. Anyhow, I'm not sure about the future of these types of coin/token since lots of countries out there haven't legalized the use of it even for medical purposes. This is still a trivial matter especially if you are in a country where the government strongly oppose the use of this kind of drug. But then again, they cannot do anything as weeds are rampant in any part of the world no matter how tough the laws against it.

[code]

I'm investing in a few cannabis coins. It has already turned out very well to make money on them. There is a future for them or not, but in the investment portfolio of coins of this direction you need to have.