Apraksin
Sr. Member
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Activity: 420
Merit: 251
Moon?
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October 13, 2014, 02:21:45 PM |
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8 $ is obviously hype.
If we even reach 0.5 $ in the close to medium long future (a few months) it will be absolutely amazing. Long term (years) is a completely different matter. Just see the rich list of this coin, there are people sitting on millions and you can guarantee they are not all of the idealist kind of person and that they will dump hard to take profits along the way, wich by the way is kind of important so that we can get some distribution of the coin.
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DogeGotMeIntoCrypto
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October 13, 2014, 02:39:24 PM |
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8 $ is obviously hype.
If we even reach 0.5 $ in the close to medium long future (a few months) it will be absolutely amazing. Long term (years) is a completely different matter. Just see the rich list of this coin, there are people sitting on millions and you can guarantee they are not all of the idealist kind of person and that they will dump hard to take profits along the way, wich by the way is kind of important so that we can get some distribution of the coin.
Honestly, a couple of those are exchanges and I'm sure the rest of the top 10 (for the most part) should be more than likely the businesses partaking in the coin. It only makes sense as it's probably how they plan to offset the loss of the first transactions for a while, after a certain point they'll probably sell, but more than likely not in a dumpy fashion because why would they destroy everything they helped bring up? Also it'd hurt so much potential profits off of people who bought it low for the fuck of it and actually exchange them in for the gram. So logically speaking, I think we're safe for the most part. |
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Normandoyle
Full Member
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Activity: 154
Merit: 100
meow
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October 13, 2014, 02:46:35 PM |
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8 $ is obviously hype.
If we even reach 0.5 $ in the close to medium long future (a few months) it will be absolutely amazing. Long term (years) is a completely different matter. Just see the rich list of this coin, there are people sitting on millions and you can guarantee they are not all of the idealist kind of person and that they will dump hard to take profits along the way, wich by the way is kind of important so that we can get some distribution of the coin.
Honestly, a couple of those are exchanges and I'm sure the rest of the top 10 (for the most part) should be more than likely the businesses partaking in the coin. It only makes sense as it's probably how they plan to offset the loss of the first transactions for a while, after a certain point they'll probably sell, but more than likely not in a dumpy fashion because why would they destroy everything they helped bring up? Also it'd hurt so much potential profits off of people who bought it low for the fuck of it and actually exchange them in for the gram. So logically speaking, I think we're safe for the most part. Bitcoin reaching $1 was "hype" at one point. CANN will reach $1 eventually...sooner than we think. Then $2. Then $4..etc.  I'm sticking with CANN for the long run. We already saw a 500% increase over the last few days. The peg is taking effect and YES WE CANN. |
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Buerra
Legendary
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Activity: 980
Merit: 1000
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October 13, 2014, 03:02:05 PM |
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CANN will need 105 tons of weed to keep supply at 1:1 though, tough to do, but who knows.
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hugabase
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October 13, 2014, 03:03:02 PM |
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Woww..to many wallet have a lot CANN, it's so dangerous because anytime price CANN can be DUMP
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Youghoor
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October 13, 2014, 03:05:04 PM |
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Woww..to many wallet have a lot CANN, it's so dangerous because anytime price CANN can be DUMP
yes too many coins will lead to the market crash. |
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DogeGotMeIntoCrypto
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October 13, 2014, 03:06:35 PM |
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CANN will need 105 tons of weed to keep supply at 1:1 though, tough to do, but who knows.
They have a 3 CANN/day/person limit I think? If I wanted to do 3000 CANN it would take approx 3 years, so that seems pretty safe |
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Apraksin
Sr. Member
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Activity: 420
Merit: 251
Moon?
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October 13, 2014, 03:14:30 PM |
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Honestly, a couple of those are exchanges and I'm sure the rest of the top 10 (for the most part) should be more than likely the businesses partaking in the coin. It only makes sense as it's probably how they plan to offset the loss of the first transactions for a while, after a certain point they'll probably sell, but more than likely not in a dumpy fashion because why would they destroy everything they helped bring up? Also it'd hurt so much potential profits off of people who bought it low for the fuck of it and actually exchange them in for the gram. So logically speaking, I think we're safe for the most part.
People will be people, people will dump for profit. Believe it. |
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Apraksin
Sr. Member
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Activity: 420
Merit: 251
Moon?
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October 13, 2014, 03:16:04 PM
Last edit: October 13, 2014, 03:36:37 PM by Apraksin |
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Bitcoin reaching $1 was "hype" at one point. CANN will reach $1 eventually...sooner than we think. Then $2. Then $4..etc. I'm sticking with CANN for the long run. We already saw a 500% increase over the last few days. The peg is taking effect and YES WE CANN. Quite, I do not dispute that CANN can reach a price of several dollars, but not within a few weeks. Though I will be nothing but happy if I'm wrong  |
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hugabase
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October 13, 2014, 03:16:22 PM |
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Very DANGER Dump Price..!! a lot of wallet have more Million CANN..??   Maybe TODAY is PUMP time .....but next week will DUMP time soo..be careful |
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PoUpA
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Activity: 93
Merit: 10
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October 13, 2014, 03:37:48 PM |
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Rich list didn't changed that much during the pump.
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DogeGotMeIntoCrypto
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October 13, 2014, 03:41:54 PM |
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3 of the top 10 is bittrex... On a side note, we're getting close to number 1 on Bittrex  Edit: I don't have a Polo account, but someone should ask why they haven't added it yet in the trollbox. |
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Normandoyle
Full Member
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Activity: 154
Merit: 100
meow
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October 13, 2014, 03:52:08 PM |
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Very DANGER Dump Price..!! a lot of wallet have more Million CANN..?? Maybe TODAY is PUMP time .....but next week will DUMP time soo..be careful Be strong and HOLD on the 20th. The dumps will be big. |
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Normandoyle
Full Member
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Activity: 154
Merit: 100
meow
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October 13, 2014, 03:59:51 PM |
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Anyways, I actually hope the price goes back to 1 cent and below so I can buy more at an affordable price. Most likely not going to happen, but I can hope.
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solid12345
Legendary
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Activity: 1246
Merit: 1000
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October 13, 2014, 04:25:21 PM |
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People will dump BTC for profit, sell your Bitcoins now.
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DogeGotMeIntoCrypto
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October 13, 2014, 04:40:21 PM |
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People will dump BTC for profit, sell your Bitcoins now.
Heh, quite a good counter example if I've ever heard one.  |
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Mota-vated
Newbie
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Activity: 34
Merit: 0
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October 13, 2014, 04:45:02 PM |
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DogeGotMeIntoCrypto
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October 13, 2014, 04:51:44 PM |
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Cryptsy has a CANN/BTC exchange if you want to add that to the OP
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Penn.3D
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October 13, 2014, 05:06:09 PM |
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You guys are insulting the devs intelligence.....
He KNOWS that people are going to want to dump on Oct 20, that's why he said this:
<DeltaNineDev> I will be contacting media, have a camera crew, etc
<Fugue> this is history fellas and we are PART of it!!!
<Fugue> DAMN this is exciting!!!! :-D
<DeltaNineDev> After the 'EVENT' I have more news for eveyone.
I think most of you don't quite realize just how big this is......
You will realize soon enough.
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paytplay
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October 13, 2014, 05:16:31 PM |
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I am in no way a top cann holder, I just logged in to say that the almost two thousand I have are meant to go to a relative that is in the testing zone, If he has a thousand gramms of medical weed for what I paid for it, I feel like I did my part. If cann goes through the roof, then I will make money. The whole thing actually was about medical weed for a family member, the possibility of turning a profit at the same time is a bonus and looks like it could be a reality. I just hope the peg is really legit, because if so I just saved my family a ton of medical expenses. I wish you all a great future, and I guess we will see next monday what happens
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