WTF talk about a price crash, on bittrex its lost pretty much 75% - 80% in 24 hours
That's simply a PnD. If you see a coin go 100-500%+ ask yourself this:
What's so special about it, will it work longterm?
Is it legit?
If you go in at the start it is great, that's why the buzz usually comes up, those who bought in start go mental. But joining after a few hundred % is usually bad news. As for CANN, I didn't see anything innovative and thought the whole 1 cann = 1 gram was a little ridiculous to begin with given that there are over 90m coins.
It's just my view however, and doesnt have to be right, I have also not read too much on the subject since I don't smoke pot myself so can't relate.
Also, don't give these kids "pumping" a hard time, I am fairly sure you knew the above going into this also you would have no problem selling onto someone else.
It just happened to you, and these Twitter pumpers usually don't have the power to manipulate a market amassing 1000 BTC volume but rather have a few BTC.
Also I am not sure why anyone would follow anybody elses advice on Twitter, 140 characters for someone to pitch an idea of a coin to you is enough for you to buy? Then it is just you've seen it go up, someone tweets & you buy and hope that everyone else does too and when it doesn't work out you cry wolf.
I have no respect at all for people trying to pump coins of insignificant value again not saying this is CANN, I am frankly just not interested in it after the intense hype. But those joining in are just as bad that's my point, in the end nobody really cares what they are hyping, they just want to get rich off eachother.
My tip to everybody whining in here is to stop giving these air, do your own research as you're your own best friend here, and remember if someone is screaming "buy buy buy" there is almost always no underlying reason except for the price and a catchy slogan to it.
Sorry if you lost money on this or the other one next week!
