coinfello
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FLAT OUT!!!
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October 13, 2014, 08:44:43 PM |
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guys looking at them sell walls now, we are heading up up and up!
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BeCrypto
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October 13, 2014, 08:46:08 PM |
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Gobble Gobble. What wall?
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zoata87
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October 13, 2014, 08:47:02 PM |
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DogeGotMeIntoCrypto
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October 13, 2014, 08:47:17 PM |
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There is no such thing as the price running up too quickly when we are talking about a $15 token that you can currently buy for 2 pennies.
Realistically it should be going up faster than it is.....and it will as more people start learning about cann and panic buying.
we've all seen coins crash and burn off huge dumps because of hype spiking the price... I dont think a massive crash is in the future of CANN, but if the market cap starts to exceed the value of the farms and dispensaries that CANN is including by a large margin....then the coin becomes all about the hype of 10-15 dollars. Id rather see a slow climb as more dispensaries and farms continue to buy into the idea of CANN. Personally id like to see CANN stay under a dollar a coin through the 20th...if something goes wrong or isnt going as weve expected...then its going to really hurt the coin, and if were over a dollar the crash would be pretty massive. Those coins crash and burn because they are merely about hype and nothing more, this has a token, if you ask me the price should be at at least $.50 by now but these walls keep stalling momentum, it's not inflating to fast... it's catching up to it's actual value, that should go much faster since the coin already has a predetermined value of $10 - $15 depending on the cash price of the product... after the event I'm sure a lot of people are just going to end up flipping the weed and getting more coins, it just makes sense...
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Bitcycle
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October 13, 2014, 08:49:07 PM |
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Now it's over 2 cents. 0.000056 * 389 = 0.021 Of course, now I'm seeing hype in the thread that it's a "$15 token". Can't let that hype train slow down, huh?
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DogeGotMeIntoCrypto
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October 13, 2014, 08:54:09 PM |
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Now it's over 2 cents. 0.000056 * 389 = 0.021 Of course, now I'm seeing hype in the thread that it's a "$15 token". Can't let that hype train slow down, huh? It greatly varies by location that's why I said $10 - $15. Personally, in Michigan I could have realistically said $25 but I went off the probable going rate for Arizona, that's all.
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mitchr4
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October 13, 2014, 08:57:49 PM |
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There is no such thing as the price running up too quickly when we are talking about a $15 token that you can currently buy for 2 pennies.
Realistically it should be going up faster than it is.....and it will as more people start learning about cann and panic buying.
we've all seen coins crash and burn off huge dumps because of hype spiking the price... I dont think a massive crash is in the future of CANN, but if the market cap starts to exceed the value of the farms and dispensaries that CANN is including by a large margin....then the coin becomes all about the hype of 10-15 dollars. Id rather see a slow climb as more dispensaries and farms continue to buy into the idea of CANN. Personally id like to see CANN stay under a dollar a coin through the 20th...if something goes wrong or isnt going as weve expected...then its going to really hurt the coin, and if were over a dollar the crash would be pretty massive. Those coins crash and burn because they are merely about hype and nothing more, this has a token, if you ask me the price should be at at least $.50 by now but these walls keep stalling momentum, it's not inflating to fast... it's catching up to it's actual value, that should go much faster since the coin already has a predetermined value of $10 - $15 depending on the cash price of the product... after the event I'm sure a lot of people are just going to end up flipping the weed and getting more coins, it just makes sense... You could be right. CANN is far more backed than other coins, and I think it deserves anywhere between 50 cents to a dollar right now... the potential is through the roof. im just saying if you get above one dollar a coin it would put the market cap above 100 million, which is too high for 2 grow farms and 3 dispensaries regardless of hype. now if he gets some agreements in other states for CANN = a Gram...then everything is in place, and the money makes a lot more sense to go to +5 bucks a coin.
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DogeGotMeIntoCrypto
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October 13, 2014, 09:07:19 PM |
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There is no such thing as the price running up too quickly when we are talking about a $15 token that you can currently buy for 2 pennies.
Realistically it should be going up faster than it is.....and it will as more people start learning about cann and panic buying.
we've all seen coins crash and burn off huge dumps because of hype spiking the price... I dont think a massive crash is in the future of CANN, but if the market cap starts to exceed the value of the farms and dispensaries that CANN is including by a large margin....then the coin becomes all about the hype of 10-15 dollars. Id rather see a slow climb as more dispensaries and farms continue to buy into the idea of CANN. Personally id like to see CANN stay under a dollar a coin through the 20th...if something goes wrong or isnt going as weve expected...then its going to really hurt the coin, and if were over a dollar the crash would be pretty massive. Those coins crash and burn because they are merely about hype and nothing more, this has a token, if you ask me the price should be at at least $.50 by now but these walls keep stalling momentum, it's not inflating to fast... it's catching up to it's actual value, that should go much faster since the coin already has a predetermined value of $10 - $15 depending on the cash price of the product... after the event I'm sure a lot of people are just going to end up flipping the weed and getting more coins, it just makes sense... You could be right. CANN is far more backed than other coins, and I think it deserves anywhere between 50 cents to a dollar right now... the potential is through the roof. im just saying if you get above one dollar a coin it would put the market cap above 100 million, which is too high for 2 grow farms and 3 dispensaries regardless of hype. now if he gets some agreements in other states for CANN = a Gram...then everything is in place, and the money makes a lot more sense to go to +5 bucks a coin. I don't know... what does the coins marketcap have to do with it? either way there's the same amount of coins and they'll have to handle the transaction 1 CANN = 1 gram the same way... I could be forgetting some aspect but it looks like, to me, the marketcap has no influence on how the company handles it Edit just to save space: Heh, poloniex trollbox is clueless of what's going on, poloniex is losing a lot of money on potential trades right now
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PoUpA
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October 13, 2014, 09:09:44 PM |
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and the fact that more money and an increase in price mean more income for the devs to "grow" fast. They can sell early mined coins if they need funds. but it looks like they don't need to.
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solid12345
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October 13, 2014, 09:10:29 PM |
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im just saying if you get above one dollar a coin it would put the market cap above 100 million, which is too high for 2 grow farms and 3 dispensaries regardless of hype. now if he gets some agreements in other states for CANN = a Gram...then everything is in place, and the money makes a lot more sense to go to +5 bucks a coin.
Well Advanced Cannabis solutions has a market cap of 50 million and they are just one medical marijuana company that leases growing space. http://advcannabis.com/http://finance.yahoo.com/q?s=CANNIf a silly coin with a dog on it can get a 60 million dollar market cap and BILLIONS of coins I don't see why CANN can't go higher.
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darylluke
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October 13, 2014, 09:11:32 PM |
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im from Indonesia, but iam respect with CANN, ty CANN ... need just little donate, for myself... n ty before... yes we CANN, !! my cann wallet CH8wyeBhX4eF6ZNqFsQ5WSo9oVcPy439u6 +1
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PoUpA
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October 13, 2014, 09:13:45 PM |
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im just saying if you get above one dollar a coin it would put the market cap above 100 million, which is too high for 2 grow farms and 3 dispensaries regardless of hype. now if he gets some agreements in other states for CANN = a Gram...then everything is in place, and the money makes a lot more sense to go to +5 bucks a coin.
Well Advanced Cannabis solutions has a market cap of 50 million and they are just one medical marijuana company that leases growing space. http://advcannabis.com/http://finance.yahoo.com/q?s=CANNIf a silly coin with a dog on it can get a 60 million dollar market cap and BILLIONS of coins I don't see why CANN can't go higher. good point ^^
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st4nl3y
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October 13, 2014, 09:14:48 PM |
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Just want to say thanks to CANN Dev's. Great work
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zoata87
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October 13, 2014, 09:16:22 PM |
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Just want to say thanks to CANN Dev's. Great work
indeed. thank you!
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mitchr4
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October 13, 2014, 09:19:47 PM |
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I don't know... what does the coins marketcap have to do with it? either way there's the same amount of coins and they'll have to handle the transaction 1 CANN = 1 gram the same way... I could be forgetting some aspect but it looks like, to me, the marketcap has no influence on how the company handles it
Edit just to save space: Heh, poloniex trollbox is clueless of what's going on, poloniex is losing a lot of money on potential trades right now
Ive just found that in crypto, the closer the complete value of infrastructure is to the market cap the more stable the coin is. when darkcoin went to 17 bucks a coin everybody was going nuts because of its potential(hype), obviously the market cap skyrocketed with the price... but it had nothing to fall back on when the price started crashing. Nobody developed a proper marketplace or worked on acceptance and use. Same thing happened with bitcoin last december. We all saw the potential, but now were waiting for the infrastructure to catch up, so people can use it easily. The result was a huge dump from both coins. You just get a more stable growth if you can back the market cap with ways and locations to use a coin.
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Mpare
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October 13, 2014, 09:23:08 PM |
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im just saying if you get above one dollar a coin it would put the market cap above 100 million, which is too high for 2 grow farms and 3 dispensaries regardless of hype. now if he gets some agreements in other states for CANN = a Gram...then everything is in place, and the money makes a lot more sense to go to +5 bucks a coin.
Well Advanced Cannabis solutions has a market cap of 50 million and they are just one medical marijuana company that leases growing space. http://advcannabis.com/http://finance.yahoo.com/q?s=CANNIf a silly coin with a dog on it can get a 60 million dollar market cap and BILLIONS of coins I don't see why CANN can't go higher. good point ^^ Great point!
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Mpare
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October 13, 2014, 09:24:48 PM |
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I don't know... what does the coins marketcap have to do with it? either way there's the same amount of coins and they'll have to handle the transaction 1 CANN = 1 gram the same way... I could be forgetting some aspect but it looks like, to me, the marketcap has no influence on how the company handles it
Edit just to save space: Heh, poloniex trollbox is clueless of what's going on, poloniex is losing a lot of money on potential trades right now
Ive just found that in crypto, the closer the complete value of infrastructure is to the market cap the more stable the coin is. when darkcoin went to 17 bucks a coin everybody was going nuts because of its potential(hype), obviously the market cap skyrocketed with the price... but it had nothing to fall back on when the price started crashing. Nobody developed a proper marketplace or worked on acceptance and use. Same thing happened with bitcoin last december. We all saw the potential, but now were waiting for the infrastructure to catch up, so people can use it easily. The result was a huge dump from both coins. You just get a more stable growth if you can back the market cap with ways and locations to use a coin. You are right but the difference is that CANN does have something to fall back on. And a great something that is!
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CannabisCoinDev (OP)
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October 13, 2014, 09:27:40 PM |
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QUICK UPDATE
Core Team meeting this evening.
Currently DeltaNine is with ChinoGreen going over marketing material and apparel.
Core AZ CANN TEAM are meeting tonight to go over some more planning of educating patients and general public.
Its an exciting day but it will be even more exciting in the coming weeks after the day patients are able to come and use their coins.
If you know a patient in Arizona with a medical marijuana card, be a CANN hero and sponsor them with 3 coins or so and let them give you a shout out via Video!
Let other dispensaries/shops know that there are dispensaries like HWC that care for their patients and joined the Yes We Cann movement to show their love and appreciation to their patients.
We will see more adoption to the "Yes We CANN movement" from the public and the team is ready for mass adoption and training other dispensaries.
~Dev Team YES WE CANN!
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Cannabis Coin Team - Community run, NOT Company run! The Coin that's 100% Backed by Marijuana Cannabis! http://CannabisCoin.net Trade symbol [CANN] - YES WE CANN!
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mitchr4
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October 13, 2014, 09:27:43 PM |
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I don't know... what does the coins marketcap have to do with it? either way there's the same amount of coins and they'll have to handle the transaction 1 CANN = 1 gram the same way... I could be forgetting some aspect but it looks like, to me, the marketcap has no influence on how the company handles it
Edit just to save space: Heh, poloniex trollbox is clueless of what's going on, poloniex is losing a lot of money on potential trades right now
Ive just found that in crypto, the closer the complete value of infrastructure is to the market cap the more stable the coin is. when darkcoin went to 17 bucks a coin everybody was going nuts because of its potential(hype), obviously the market cap skyrocketed with the price... but it had nothing to fall back on when the price started crashing. Nobody developed a proper marketplace or worked on acceptance and use. Same thing happened with bitcoin last december. We all saw the potential, but now were waiting for the infrastructure to catch up, so people can use it easily. The result was a huge dump from both coins. You just get a more stable growth if you can back the market cap with ways and locations to use a coin. You are right but the difference is that CANN does have something to fall back on. And a great something that is! right, i just want more agreements from dispensaries to accept CANN for a gram before we start to talk about massive numbers like 5 bucks a coin.
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