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

[ared]

Since we are ONLY DAYS AWAY from First Pegged Transaction event happening @ Arizona, exact venue to be disclosed soon but I am sure those who have been following the CANN Team updates in here, will probably be able to pinpoint exactly where it will take place...

Anyway, for those less imaginative, I decided to put together some pictures to describe what could possibly happen on event day, enjoy!

https://i.imgur.com/TVawxFd.jpg
Long lines forming outside the "CHOSEN" Dispensary in Arizona for First Pegged Transaction!

https://i.imgur.com/dx5OMPy.jpg
Once inside the Dispensary, open your eyes wide and believe that you are NOT dreaming anymore!

https://i.imgur.com/d8epe7H.jpg
Take your pick from the shelves, whatever you desire that is exchangeable for 1 CANN per Gram!

https://i.imgur.com/bumFhBn.jpg
Weigh it up, make sure it doesn't exceed 1 Gram or whatever the daily limit that has been set!

https://i.imgur.com/oxBQLa7.jpg https://i.imgur.com/iWuIGAA.jpg
AND finally make your payment with CannabisCoin @ 1 CANN per Gram!

Will the above come true?
Media frenzy over the First Pegged Transaction event?
In my mind, I believe it will happen because YesWeCANN!

How exciting!!!  I'm buying up even more cheap CANN...

Lucky you, for those who were inspired by my pictures to buy up CANN few days back and now... Congrats!

But the real bull rally starts from 20k satoshi... Not many days left till 20th Oct 2014...

To buy or not to buy now? Or buy later when prices rise 10x like how you missed buying CANN @ 200 satoshi, 1000 satoshi and now 10000 satoshi...

I tweeted back then, on 29th Aug 2014: https://twitter.com/KingAred/status/505286277051068416

So when #cannabiscoin
@ 200 satoshi, you don't buy some!
@ 1000, nah too high!
@ 2000, how is it possible??
@ 20000, panic buy!!!!!
Typical!

Time to bump this up again since we are 2 DAYS AWAY TO HISTORY IN THE MAKING!!!

[1713587517]

1713587517

[1713587517]

1713587517

[solid12345]

Some miners cannot afford to hold. They have to sell and pay for electricity bill.

I never understood this argument, I have bills to pay too and I buy coins not knowing if I will profit on them in a day or in 3 months, that is why it is called investing.

If some miners want to purely mine for a daily profit and not invest, I don't begrudge them, but I know they will also cry when the price shoots up too.

[WarrEagle]

Some miners cannot afford to hold. They have to sell and pay for electricity bill.

I never understood this argument, I have bills to pay too and I buy coins not knowing if I will profit on them in a day or in 3 months, that is why it is called investing.

If some miners want to purely mine for a daily profit and not invest, I don't begrudge them, but I know they will also cry when the price shoots up too.

You almost answered your own question. You BUY coins, you don't mine. Also miners do not care what the coins do, they mine for immediate profits not speculation on price movement.

[ared]

Some miners cannot afford to hold. They have to sell and pay for electricity bill.

I never understood this argument, I have bills to pay too and I buy coins not knowing if I will profit on them in a day or in 3 months, that is why it is called investing.

If some miners want to purely mine for a daily profit and not invest, I don't begrudge them, but I know they will also cry when the price shoots up too.

And not forgeting halving will occur in another 15 days +-

Mining reward will drop from current 105 to 57.5 Cann ONLY!  

[karlb187]

Some miners cannot afford to hold. They have to sell and pay for electricity bill.

I never understood this argument, I have bills to pay too and I buy coins not knowing if I will profit on them in a day or in 3 months, that is why it is called investing.

If some miners want to purely mine for a daily profit and not invest, I don't begrudge them, but I know they will also cry when the price shoots up too.

And not forgeting halving will occur in another 15 days +-

Mining reward will drop from current 105 to 57.5 Cann ONLY!  

by then the value will be up so it will still be worth it to mine 

[Polly Stripe]

Some miners cannot afford to hold. They have to sell and pay for electricity bill.

I never understood this argument, I have bills to pay too and I buy coins not knowing if I will profit on them in a day or in 3 months, that is why it is called investing.

If some miners want to purely mine for a daily profit and not invest, I don't begrudge them, but I know they will also cry when the price shoots up too.

+420^10^10^100

I don't understand this logic. I am also involved in mining, but pay for electricity once a month. But it is certainly more than 216000 coins per day annoys me. We can only put up with it.

Mining reward will drop from current 105 to 57.5 Cann ONLY!  

108000 coins of 24H

[FryguyUK]

look out below

[BeCrypto]

Some miners cannot afford to hold. They have to sell and pay for electricity bill.

I never understood this argument, I have bills to pay too and I buy coins not knowing if I will profit on them in a day or in 3 months, that is why it is called investing.

If some miners want to purely mine for a daily profit and not invest, I don't begrudge them, but I know they will also cry when the price shoots up too.

And not forgeting halving will occur in another 15 days +-

Mining reward will drop from current 105 to 57.5 Cann ONLY!  

I think he means 52.5 starting at block 300,000.

[burner2014]

Since we are ONLY DAYS AWAY from First Pegged Transaction event happening @ Arizona, exact venue to be disclosed soon but I am sure those who have been following the CANN Team updates in here, will probably be able to pinpoint exactly where it will take place...

Anyway, for those less imaginative, I decided to put together some pictures to describe what could possibly happen on event day, enjoy!


Long lines forming outside the "CHOSEN" Dispensary in Arizona for First Pegged Transaction!


Once inside the Dispensary, open your eyes wide and believe that you are NOT dreaming anymore!


Take your pick from the shelves, whatever you desire that is exchangeable for 1 CANN per Gram!


Weigh it up, make sure it doesn't exceed 1 Gram or whatever the daily limit that has been set!


AND finally make your payment with CannabisCoin @ 1 CANN per Gram!

Will the above come true?
Media frenzy over the First Pegged Transaction event?
In my mind, I believe it will happen because YesWeCANN!

How exciting!!!  I'm buying up even more cheap CANN...

Lucky you, for those who were inspired by my pictures to buy up CANN few days back and now... Congrats!

But the real bull rally starts from 20k satoshi... Not many days left till 20th Oct 2014...

To buy or not to buy now? Or buy later when prices rise 10x like how you missed buying CANN @ 200 satoshi, 1000 satoshi and now 10000 satoshi...

I tweeted back then, on 29th Aug 2014: https://twitter.com/KingAred/status/505286277051068416

So when #cannabiscoin
@ 200 satoshi, you don't buy some!
@ 1000, nah too high!
@ 2000, how is it possible??
@ 20000, panic buy!!!!!
Typical!

Time to bump this up again since we are 2 DAYS AWAY TO HISTORY IN THE MAKING!!!

Oh yeah!

[ared]

Some miners cannot afford to hold. They have to sell and pay for electricity bill.

I never understood this argument, I have bills to pay too and I buy coins not knowing if I will profit on them in a day or in 3 months, that is why it is called investing.

If some miners want to purely mine for a daily profit and not invest, I don't begrudge them, but I know they will also cry when the price shoots up too.

And not forgeting halving will occur in another 15 days +-

Mining reward will drop from current 105 to 57.5 Cann ONLY!  

I think he means 52.5 starting at block 300,000.

Thanks for the correction. However, it was "intentional"... I wanted to see how fast someone actually spots the mistake. Just kidding!

[WarrEagle]

So, what happened to the FUD? Maybe they realized that they could get as much of an impact on this strong community.

Remember this, Community adoption will build a coins value, the peg is nice, but it takes the community AND coin adoption to make it increase in value. This coin CANN do it. You CANN help. Take to the streets, social media and your networks. Together we CANN make this coin work.

[burner2014]

Guys you all know that when this Monday Event will be shown as a success. Marketing and PR is also a success...

...we will reach 0.50$ easily in 24-48 hours. And then everyone will think wow.. really? Did this really happen? And then, 1$ , 5 $ , 10 $.... but that will need some time due to people who will take profit.


...if this Monday Event is no success, we will fall down a bit, but isn't it worth the risk? Its Crypto!

[unusualfacts30]

So, what happened to the FUD? Maybe they realized that they could get as much of an impact on this strong community.

Remember this, Community adoption will build a coins value, the peg is nice, but it takes the community AND coin adoption to make it increase in value. This coin CANN do it. You CANN help. Take to the streets, social media and your networks. Together we CANN make this coin work.

If you think about it CANN will help all cryptocoins so I think they understood this and left. It's a good thing for everyone who is holding cryptocoins. CANN is going to invite general population to crypto and this will be great for everyone regardless if you hold CANN or not.

[silvapaso85]

Only 2 days to a big day !!!
Do you feel growing excitement?

[La Equidad]

Only 2 days to a big day !!!
Do you feel growing excitement?

still do not feel;) but I feel like a little better rate

[unusualfacts30]

Only 2 days to a big day !!!
Do you feel growing excitement?

YES!  

I just want to remind everyone to keep spreading the words of CANN on facebook, reddit, twitter etc.  Here is the link to all the good stuff where you can spread the words and help CANN. Remember it's our investment we're talking about. You have to help to make it reach sky high

Let everyone you know about CANN on social sites, forums, twitter, facebook, reddit etc

https://docs.google.com/document/d/1eUhhvaOa0_Wk9CBE-vGBIfkwYBkzYxOuTDt6WySxTPI/edit#

[mitchr4]

I can't really make sense of the chart... My guess is that it's being suppressed till Monday, because it's taking a strange shape. I hope it is, and we get some explosive growth. I've been thinking... If this coin can somehow go to 2 or 3 bucks a coin on Monday, and dev drops 3 or 4 more release dates at different locations then there's a chance to weather the sell of and continue to rise.

[CryptoJohn]

Only 2 days to a big day !!!
Do you feel growing excitement?

YES!  

I just want to remind everyone to keep spreading the words of CANN on facebook, reddit, twitter etc.  Here is the link to all the good stuff where you can spread the words and help CANN. Remember it's our investment we're talking about. You have to help to make it reach sky high

Let everyone you know about CANN on social sites, forums, twitter, facebook, reddit etc

https://docs.google.com/document/d/1eUhhvaOa0_Wk9CBE-vGBIfkwYBkzYxOuTDt6WySxTPI/edit#

Keep spreading the word people and accumulate #CANN. Panic buying begins Sunday.

Here's another mention of CANN http://www.fortresscrypto.com/cryptonauts-corner/cannabiscoincann-coin-review/

[unusualfacts30]

I can't really make sense of the chart... My guess is that it's being suppressed till Monday, because it's taking a strange shape. I hope it is, and we get some explosive growth. I've been thinking... If this coin can somehow go to 2 or 3 bucks a coin on Monday, and dev drops 3 or 4 more release dates at different locations then there's a chance to weather the sell of and continue to rise.

Monday is the begining. It'll keep growing after that. I can't say if it'll reach $2 on Monday and if you're looking for that you might be disappointed. Keep in mind this is business and it takes time. Eventually it'll reach $2,$5 & $10 with time and promotions as general population becomes more aware of it.

Keep spreading the word & we'll easily hit $2 by Monday. We all have to do work here it's not a one man job to make it go $1 or $10. As a community lets work together. I've posted a link in my last post..use them to spread words. Let your friends, family & relatives know about this coin and help them buy CANN. 

[dynamite]

It looks like CANN rushed this event a bit. They put the pressure on a dispensary to donate the CANNdy. I hope that CANN has a real event in a month. One where delta9 donates the 2 pounds of CANNdy that is being grown and shown in all the pictures for the last 2 months.

It seems the dispensary is worried and trying to make this a marketing campaign for their business. This event isn't good for patients but their help will be coming soon after the next harvest. This will be good media attention.