[ANN] CannabisCoin [CANN][X11][Official] Unmoderated General Discussions.

[WarrEagle]

I don't think your legally allowed to grow that much medical in Phx..

These guys are pros. They know the laws. I'm fairly confident they are following the guidelines.

I'm sorry but 1:1 was an over promise.

There is no way it can ever be done. This isn't fud, its reality.

Prove me wrong with one logical, and legal way that the 1:1 goal can be met.

Who the hell are you AND more importantly why would anyone in here feel the need to prove anything to you? Just GEABOD mmmK?

[1714473619]

1714473619

[Normandoyle]

I don't think your legally allowed to grow that much medical in Phx..

These guys are pros. They know the laws. I'm fairly confident they are following the guidelines.

I'm sorry but 1:1 was an over promise.

There is no way it can ever be done. This isn't fud, its reality.

Prove me wrong with one logical, and legal way that the 1:1 goal can be met.

Obvious FUD

[NewWorldCoiner]

I don't think your legally allowed to grow that much medical in Phx..

These guys are pros. They know the laws. I'm fairly confident they are following the guidelines.

I'm sorry but 1:1 was an over promise.

There is no way it can ever be done. This isn't fud, its reality.

Prove me wrong with one logical, and legal way that the 1:1 goal can be met.

The amount of marijuana a designated caregiver may grow or possess is limited by the number of qualifying patients who the designated caregiver is assisting. It is limited to 12 plants per qualifying patient.

Neither the Arizona Medical Marijuana Act nor the Department's rules limit the amount of medical marijuana a dispensary may have or grow. However, a dispensary may want to consult with an attorney about Federal marijuana-related laws and regulations.

Source: http://www.azdhs.gov/medicalmarijuana/faqs/

So it looks like lots of marijuana can be grown legally in Arizona. You just need to know the law.

[Buerra]

Proof is needed though, can't run this price up to $6 based on rumor. You guys say 1:1 ratio in price, well, we'll see. I don't think it is possible, however, if you guys do succeed. That's cool, I'll gladly be proven wrong. Block reward will half soon, that should at least get the price up a little

[DubFX]

I don't think your legally allowed to grow that much medical in Phx..

These guys are pros. They know the laws. I'm fairly confident they are following the guidelines.

I'm sorry but 1:1 was an over promise.

There is no way it can ever be done. This isn't fud, its reality.

Prove me wrong with one logical, and legal way that the 1:1 goal can be met.

Learn to read please and check dev's posts instread of spreading FUD.

[Normandoyle]

Proof is needed though, can't run this price up to $6 based on rumor. You guys say 1:1 ratio in price, well, we'll see. I don't think it is possible, however, if you guys do succeed. That's cool, I'll gladly be proven wrong. Block reward will half soon, that should at least get the price up a little

FUD in disguise.

[WalkerIVIV]

Proof is needed though, can't run this price up to $6 based on rumor. You guys say 1:1 ratio in price, well, we'll see. I don't think it is possible, however, if you guys do succeed. That's cool, I'll gladly be proven wrong. Block reward will half soon, that should at least get the price up a little

Of course once it will be proved price will skyrocket until time when it´s not proved price will be considered only by p&d

[Normandoyle]

I believe we'll see CannabisCoin in the news a lot between October 2014 - April 2015.

CannabisCoin will be the first Cryptocurrency to be widely accepted on the same level as Bitcoin. In a way, CannabisCoin will be more popular than Bitcoin.

This is an entirely different category of Cryptocurrency. CANN isn't here to compete with Bitcoin.
CANN is here to create the "Marijuana Coin-for-weed" Exchange on an enormous scale. I'm talking Mainstream level.
It'll be referred to people as "weedcoins" or "potcoins".

This brand new Exchange is going to be created by CANN when it is officially utilized by Marijuana Shops.
It'll be a big website. As I mentioned, something needs to be created to make it easy for customers to easily obtain CannabisCoins.

This is where the Exchange starts. It'll be simple. You buy your Coin by choice, where CannabisCoin completely dominates.

For example, customers will have the choice between a few different weed-related coins on the market. Each coin for a certain price and easily obtainable through Bitcoin, Credit Cards, Paypal, etc.

1. CannabisCoin

2. Cannacoin

3. POTcoin

Other coins will eventually follow suit. Vouchers for CannabisCoin will be popular during the months of December and April.
CannabisCoin is the current innovator for the public "Marijuana Coin" market which I expect to be more popular than Bitcoin.

Once the news reports on it and once shops start utilizing it, it'll become mainstream pretty quickly.

[GambitBTC]

I don't think your legally allowed to grow that much medical in Phx..

These guys are pros. They know the laws. I'm fairly confident they are following the guidelines.

I'm sorry but 1:1 was an over promise.

There is no way it can ever be done. This isn't fud, its reality.

Prove me wrong with one logical, and legal way that the 1:1 goal can be met.

Learn to read please and check dev's posts instread of spreading FUD.

Instread?

And you told me to learn how to read?


Brilliant.


And Im a long term holder in CANN, im not fudding.



With that being said, back to 2000 tonight we go.

[DubFX]

I don't think your legally allowed to grow that much medical in Phx..

These guys are pros. They know the laws. I'm fairly confident they are following the guidelines.

I'm sorry but 1:1 was an over promise.

There is no way it can ever be done. This isn't fud, its reality.

Prove me wrong with one logical, and legal way that the 1:1 goal can be met.

Learn to read please and check dev's posts instread of spreading FUD.

Instread?

And you told me to learn how to read?


Brilliant.


And Im a long term holder in CANN, im not fudding.



With that being said, back to 2000 tonight we go.

Reading isn't the same with correct spelling and my native lang. has nothing to do with german'ish languages like English.
If you would read throught all dev posts you could see that 1:1 peg isn't too overvalued and that the limit won't be 0.5g-1g per day for sure.

[ared]

I believe we'll see CannabisCoin in the news a lot between October 2014 - April 2015.

CannabisCoin will be the first Cryptocurrency to be widely accepted on the same level as Bitcoin. In a way, CannabisCoin will be more popular than Bitcoin.

This is an entirely different category of Cryptocurrency. CANN isn't here to compete with Bitcoin.
CANN is here to create the "Marijuana Coin-for-weed" Exchange on an enormous scale. I'm talking Mainstream level.
It'll be referred to people as "weedcoins" or "potcoins".

This brand new Exchange is going to be created by CANN when it is officially utilized by Marijuana Shops.
It'll be a big website. As I mentioned, something needs to be created to make it easy for customers to easily obtain CannabisCoins.

This is where the Exchange starts. It'll be simple. You buy your Coin by choice, where CannabisCoin completely dominates.

For example, customers will have the choice between a few different weed-related coins on the market. Each coin for a certain price and easily obtainable through Bitcoin, Credit Cards, Paypal, etc.

1. CannabisCoin

2. Cannacoin

3. POTcoin

Other coins will eventually follow suit. Vouchers for CannabisCoin will be popular during the months of December and April.
CannabisCoin is the current innovator for the public "Marijuana Coin" market which I expect to be more popular than Bitcoin.

Once the news reports on it and once shops start utilizing it, it'll become mainstream pretty quickly.

I agree with everything you said, except the examples given.

1. I think there will be NO competition for CannabisCoin for the short-term UNLESS, others can be asset-backed by Cannabis. But it will be hard to COPY what CannabisCoin has achieved, as CannabisCoin will be the Gold-Standard!!!

2. Cannacoin is not a Cannabis-related coin. It is just another Alt-coin, out of many hundreds out there.

3. Potcoin is a Cannabis-related coin. However, Potcoin is NOT asset-backed by Cannabis. Yes, there may be several dispensaries accepting Potcoin as payment, BUT do bear in mind that since Potcoin is tied to Bitcoin, if the value of Bitcoin drops overnight, the price of the
Cannabis in those dispensaries accepting payment in Potcoin will also go up. Similarly, if Potcoin value drops overnight, the price in Potcoin for the same strain that may cost 10000 Potcoin yesterday, will cost higher, maybe 12000 Potcoin today. In short, very volatile!

However, by using CannabisCoin, since the Peg is 1 Cann per Gram, you NEVER need to worry about volatility. Past, Present and Future, the same strain that is pegged 1:1, will ALWAYS cost the same, simply 1 Cann per Gram. Hence, wiping out any volatility.



First Transaction is definitely round the corner. And when that happens and it is covered by big news agency (e.g. CNN), EXPECT the price of CannabisCoin to sky rocket because patients who need Cannabis but have never heard of CannabisCoin as they were never
involved with crypto in the first place, will definitely RUSH to buy as many CannabisCoin. Hopefully, there will be a CANN/USD exchange ready for that day!

Imagine... Black Friday!!!

https://i.imgur.com/FMQCCvR.jpg

[GambitBTC]

Pump coming in the next few hours


Wait till CANN hits first page on bittrex.

[erok]

Pump coming in the next few hours


Wait till CANN hits first page on bittrex.

why you say that?

[GambitBTC]

Pump coming in the next few hours


Wait till CANN hits first page on bittrex.

why you say that?

I do what the crystal ball says ;P

[WalkerIVIV]

Pump coming in the next few hours


Wait till CANN hits first page on bittrex.

why you say that?

I do what the crystal ball says ;P

 

[Normandoyle]

I believe we'll see CannabisCoin in the news a lot between October 2014 - April 2015.

CannabisCoin will be the first Cryptocurrency to be widely accepted on the same level as Bitcoin. In a way, CannabisCoin will be more popular than Bitcoin.

This is an entirely different category of Cryptocurrency. CANN isn't here to compete with Bitcoin.
CANN is here to create the "Marijuana Coin-for-weed" Exchange on an enormous scale. I'm talking Mainstream level.
It'll be referred to people as "weedcoins" or "potcoins".

This brand new Exchange is going to be created by CANN when it is officially utilized by Marijuana Shops.
It'll be a big website. As I mentioned, something needs to be created to make it easy for customers to easily obtain CannabisCoins.

This is where the Exchange starts. It'll be simple. You buy your Coin by choice, where CannabisCoin completely dominates.

For example, customers will have the choice between a few different weed-related coins on the market. Each coin for a certain price and easily obtainable through Bitcoin, Credit Cards, Paypal, etc.

1. CannabisCoin

2. Cannacoin

3. POTcoin

Other coins will eventually follow suit. Vouchers for CannabisCoin will be popular during the months of December and April.
CannabisCoin is the current innovator for the public "Marijuana Coin" market which I expect to be more popular than Bitcoin.

Once the news reports on it and once shops start utilizing it, it'll become mainstream pretty quickly.

I agree with everything you said, except the examples given.

1. I think there will be NO competition for CannabisCoin for the short-term UNLESS, others can be asset-backed by Cannabis. But it will be hard to COPY what CannabisCoin has achieved, as CannabisCoin will be the Gold-Standard!!!

2. Cannacoin is not a Cannabis-related coin. It is just another Alt-coin, out of many hundreds out there.

3. Potcoin is a Cannabis-related coin. However, Potcoin is NOT asset-backed by Cannabis. Yes, there may be several dispensaries accepting Potcoin as payment, BUT do bear in mind that since Potcoin is tied to Bitcoin, if the value of Bitcoin drops overnight, the price of the
Cannabis in those dispensaries accepting payment in Potcoin will also go up. Similarly, if Potcoin value drops overnight, the price in Potcoin for the same strain that may cost 10000 Potcoin yesterday, will cost higher, maybe 12000 Potcoin today. In short, very volatile!

However, by using CannabisCoin, since the Peg is 1 Cann per Gram, you NEVER need to worry about volatility. Past, Present and Future, the same strain that is pegged 1:1, will ALWAYS cost the same, simply 1 Cann per Gram. Hence, wiping out any volatility.



First Transaction is definitely round the corner. And when that happens and it is covered by big news agency (e.g. CNN), EXPECT the price of CannabisCoin to sky rocket because patients who need Cannabis but have never heard of CannabisCoin as they were never
involved with crypto in the first place, will definitely RUSH to buy as many CannabisCoin. Hopefully, there will be a CANN/USD exchange ready for that day!

Imagine... Black Friday!!!

I suppose my examples were off. I'm excited though.
I bought another 1000 CANN today 

[Mastermine]

LOL cann prices look like BTC prices

[tokyopotato]

I believe we'll see CannabisCoin in the news a lot between October 2014 - April 2015.

CannabisCoin will be the first Cryptocurrency to be widely accepted on the same level as Bitcoin. In a way, CannabisCoin will be more popular than Bitcoin.

This is an entirely different category of Cryptocurrency. CANN isn't here to compete with Bitcoin.
CANN is here to create the "Marijuana Coin-for-weed" Exchange on an enormous scale. I'm talking Mainstream level.
It'll be referred to people as "weedcoins" or "potcoins".

This brand new Exchange is going to be created by CANN when it is officially utilized by Marijuana Shops.
It'll be a big website. As I mentioned, something needs to be created to make it easy for customers to easily obtain CannabisCoins.

This is where the Exchange starts. It'll be simple. You buy your Coin by choice, where CannabisCoin completely dominates.

For example, customers will have the choice between a few different weed-related coins on the market. Each coin for a certain price and easily obtainable through Bitcoin, Credit Cards, Paypal, etc.

1. CannabisCoin

2. Cannacoin

3. POTcoin

Other coins will eventually follow suit. Vouchers for CannabisCoin will be popular during the months of December and April.
CannabisCoin is the current innovator for the public "Marijuana Coin" market which I expect to be more popular than Bitcoin.

Once the news reports on it and once shops start utilizing it, it'll become mainstream pretty quickly.

Maybe something like this? http://slides.com/joshdellay/cannapay#/

[Ruffyyyy]

320 blocks than we halved ~ 4 hours

[jmsr1978]

320 blocks than we halved ~ 4 hours

I cant wait to see what happens with the price