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

[KrLos]

Nobody answered my question...

I'm traveling that's why I haven't read this thread... I'm going to read as soon I get home.

My question was legit...

[corather]

Nobody answered my question...

I'm traveling that's why I haven't read this thread... I'm going to read as soon I get home.

My question was legit...

Amazing dev, real product (canndy strain which the dev has growing facilities for) backing sales. Man has charisma and is working to get cannabis coin adopted by major dispensaries. Herbal Wellness Centers in Arizona accepts cannabis coin both for the canndy strain, they're working out the details to sell products using cannabis coin without the 1:1 peg as well.

I don't know, use your own judgement but I'm convinced. I'd watch the price for a bit though, it's in that undecided period of confusion and is working out off dump but I believe it will rise again. It may take some time, but there's a lot of enthusiasm surrounding the technology and there's a real need by the dispensaries to move away from the all cash business their forced into.

[corather]

I'll just put it here

CLSWd4L6te4etJfcvhEi2MnbKp8rB5et8G

Im curious why it looks like all the transactions paid to herbal choice wellness were sent from the same wallet?  Did the devs leave a phone next to the counter and tell patients to use the phone over there and scan a QR to get a free preroll? Also 14g = 1/2 ounce, was this the daily limit? And no transactions since the 20th?

Limit was 100 prerolls, so the party wasn't so huge, but it looks like there were a few that showed up. Hey it's a start.

Maybe it was a donated wallet. It's all about product awareness at this point. So they gave some samples away. Any good drug dealer knows how to do that.

[Polly Stripe]

10/24 Quick Update http://www.youtube.com/watch?v=yMFjcyJIk6s&feature=youtu.be

[KrLos]

Nobody answered my question...

I'm traveling that's why I haven't read this thread... I'm going to read as soon I get home.

My question was legit...

Amazing dev, real product (canndy strain which the dev has growing facilities for) backing sales. Man has charisma and is working to get cannabis coin adopted by major dispensaries. Herbal Wellness Centers in Arizona accepts cannabis coin both for the canndy strain, they're working out the details to sell products using cannabis coin without the 1:1 peg as well.

I don't know, use your own judgement but I'm convinced. I'd watch the price for a bit though, it's in that undecided period of confusion and is working out off dump but I believe it will rise again. It may take some time, but there's a lot of enthusiasm surrounding the technology and there's a real need by the dispensaries to move away from the all cash business their forced into.

Thanks mate. I'm going to digg more later.

[cevarius]

I like CANN. I want to get into it.

What does everyone think the lowest price CANN will hit over the next 4 weeks will be?

Short of a complete tanking and the dev walking away, you're looking at the bottom right now... 2500 - 3500. Could drop < 2500 periodically over the next day or so, but shouldn't stay long.

I would expect a slow and steady price drop over the next few weeks. Maybe 1000 to 1500 will be the floor. Who knows how much volume will be done at those levels though. It's probably good to start picking it up around 2000 if you want a lot of it.

Latest YouTube video doesn't hint at anything remotely significant happening within the next two weeks, so I can see this coin drop down to where you're calling bottom as people give up on having money stuck in CANNs and not making them money elsewhere.

[novirudarzg]

10/24 Quick Update http://www.youtube.com/watch?v=yMFjcyJIk6s&feature=youtu.be

great message

[burnbabyburn71]

I like CANN. I want to get into it.

What does everyone think the lowest price CANN will hit over the next 4 weeks will be?

Short of a complete tanking and the dev walking away, you're looking at the bottom right now... 2500 - 3500. Could drop < 2500 periodically over the next day or so, but shouldn't stay long.

I would expect a slow and steady price drop over the next few weeks. Maybe 1000 to 1500 will be the floor. Who knows how much volume will be done at those levels though. It's probably good to start picking it up around 2000 if you want a lot of it.

Latest YouTube video doesn't hint at anything remotely significant happening within the next two weeks, so I can see this coin drop down to where you're calling bottom as people give up on having money stuck in CANNs and not making them money elsewhere.

Yep, also the whole premine business is not over yet, its still a thing. Supposedly Delta9 still has a premine of 5% of the total coins. Its pretty annoying how Delta9 is doing everything he can to keep some sort of premine. He is not very transparent about it which makes me suspicious. I'm going to be watching this coin from a distance for now.

[mrbigmugs]

Annoying ?

So you are annoyed that he is not working for free now ?

If those are your expectations then I have some sad news for you in the real world.

[burnbabyburn71]

Annoying ?

So you are annoyed that he is not working for free now ?

If those are your expectations then I have some sad news for you in the real world.

No, I'm annoyed that he is actively trying to hide it. He should be more transparent, he should let the whole community know that there is a premine and what he is using it for.

[placebo]

I like CANN. I want to get into it.

What does everyone think the lowest price CANN will hit over the next 4 weeks will be?

Short of a complete tanking and the dev walking away, you're looking at the bottom right now... 2500 - 3500. Could drop < 2500 periodically over the next day or so, but shouldn't stay long.

I would expect a slow and steady price drop over the next few weeks. Maybe 1000 to 1500 will be the floor. Who knows how much volume will be done at those levels though. It's probably good to start picking it up around 2000 if you want a lot of it.

Latest YouTube video doesn't hint at anything remotely significant happening within the next two weeks, so I can see this coin drop down to where you're calling bottom as people give up on having money stuck in CANNs and not making them money elsewhere.

Yep, also the whole premine business is not over yet, its still a thing. Supposedly Delta9 still has a premine of 5% of the total coins. Its pretty annoying how Delta9 is doing everything he can to keep some sort of premine. He is not very transparent about it which makes me suspicious. I'm going to be watching this coin from a distance for now.

Does it matter? If he can deliver a coin that is worth $1, then i don't care if he earn a few bucks as everybody will earn big, so stop complainng and look at their business model. Either you leave or you buy.

[mrbigmugs]

Annoying ?

So you are annoyed that he is not working for free now ?

If those are your expectations then I have some sad news for you in the real world.

No, I'm annoyed that he is actively trying to hide it. He should be more transparent, he should let the whole community know that there is a premine and what he is using it for.

It should ALWAYS be assumed that a developer has a equity postion in his project , because if there is none then what economic incentive does he have to work at all for the coin to make it better ?

[burnbabyburn71]

I like CANN. I want to get into it.

What does everyone think the lowest price CANN will hit over the next 4 weeks will be?

Short of a complete tanking and the dev walking away, you're looking at the bottom right now... 2500 - 3500. Could drop < 2500 periodically over the next day or so, but shouldn't stay long.

I would expect a slow and steady price drop over the next few weeks. Maybe 1000 to 1500 will be the floor. Who knows how much volume will be done at those levels though. It's probably good to start picking it up around 2000 if you want a lot of it.

Latest YouTube video doesn't hint at anything remotely significant happening within the next two weeks, so I can see this coin drop down to where you're calling bottom as people give up on having money stuck in CANNs and not making them money elsewhere.

Yep, also the whole premine business is not over yet, its still a thing. Supposedly Delta9 still has a premine of 5% of the total coins. Its pretty annoying how Delta9 is doing everything he can to keep some sort of premine. He is not very transparent about it which makes me suspicious. I'm going to be watching this coin from a distance for now.

Does it matter? If he can deliver a coin that is worth $1, then i don't care if he earn a few bucks as everybody will earn big, so stop complainng and look at their business model. Either you leave or you buy.

Lol, love how everyone loses their shit as soon as I point out a flaw. I honestly don't care either, but other people will. And guess what, its the other people who buy the coin that decide the price. Hiding a premine is most certainly not a good business model by the way. Also, there is a third option other than leaving or buying, and that's watching. Here's a tip, don't blindly buy into cryptocurrencies, you'll probably lose money.

[burnbabyburn71]

Annoying ?

So you are annoyed that he is not working for free now ?

If those are your expectations then I have some sad news for you in the real world.

No, I'm annoyed that he is actively trying to hide it. He should be more transparent, he should let the whole community know that there is a premine and what he is using it for.

It should ALWAYS be assumed that a developer has a equity postion in his project , because if there is none then what economic incentive does he have to work at all for the coin to make it better ?

Okay, then he should just buy into his own coin rather than giving himself an unfair advantage over miners by mining before the coin was released. Remember, this isn't a company, it's a cryptocurrency. It's "community run" as the CANN dev put it. Therefore the community should be rewarded just as much as the dev.

[mrbigmugs]

I like CANN. I want to get into it.

What does everyone think the lowest price CANN will hit over the next 4 weeks will be?

Short of a complete tanking and the dev walking away, you're looking at the bottom right now... 2500 - 3500. Could drop < 2500 periodically over the next day or so, but shouldn't stay long.

I would expect a slow and steady price drop over the next few weeks. Maybe 1000 to 1500 will be the floor. Who knows how much volume will be done at those levels though. It's probably good to start picking it up around 2000 if you want a lot of it.

Latest YouTube video doesn't hint at anything remotely significant happening within the next two weeks, so I can see this coin drop down to where you're calling bottom as people give up on having money stuck in CANNs and not making them money elsewhere.

Yep, also the whole premine business is not over yet, its still a thing. Supposedly Delta9 still has a premine of 5% of the total coins. Its pretty annoying how Delta9 is doing everything he can to keep some sort of premine. He is not very transparent about it which makes me suspicious. I'm going to be watching this coin from a distance for now.

Does it matter? If he can deliver a coin that is worth $1, then i don't care if he earn a few bucks as everybody will earn big, so stop complainng and look at their business model. Either you leave or you buy.

Lol, love how everyone loses their shit as soon as I point out a flaw. I honestly don't care either, but other people will. And guess what, its the other people who buy the coin that decide the price. Hiding a premine is most certainly not a good business model by the way. Also, there is a third option other than leaving or buying, and that's watching. Here's a tip, don't blindly buy into cryptocurrencies, you'll probably lose money.

We are not losing our shit , we are pointing out flaws in your thinking process . To think that someone will work for free is a simplistic nickolodeon mindset that shows you lack logical reasoning skills.

[burnbabyburn71]

I like CANN. I want to get into it.

What does everyone think the lowest price CANN will hit over the next 4 weeks will be?

Short of a complete tanking and the dev walking away, you're looking at the bottom right now... 2500 - 3500. Could drop < 2500 periodically over the next day or so, but shouldn't stay long.

I would expect a slow and steady price drop over the next few weeks. Maybe 1000 to 1500 will be the floor. Who knows how much volume will be done at those levels though. It's probably good to start picking it up around 2000 if you want a lot of it.

Latest YouTube video doesn't hint at anything remotely significant happening within the next two weeks, so I can see this coin drop down to where you're calling bottom as people give up on having money stuck in CANNs and not making them money elsewhere.

Yep, also the whole premine business is not over yet, its still a thing. Supposedly Delta9 still has a premine of 5% of the total coins. Its pretty annoying how Delta9 is doing everything he can to keep some sort of premine. He is not very transparent about it which makes me suspicious. I'm going to be watching this coin from a distance for now.

Does it matter? If he can deliver a coin that is worth $1, then i don't care if he earn a few bucks as everybody will earn big, so stop complainng and look at their business model. Either you leave or you buy.

Lol, love how everyone loses their shit as soon as I point out a flaw. I honestly don't care either, but other people will. And guess what, its the other people who buy the coin that decide the price. Hiding a premine is most certainly not a good business model by the way. Also, there is a third option other than leaving or buying, and that's watching. Here's a tip, don't blindly buy into cryptocurrencies, you'll probably lose money.

We are not losing our shit , we are pointing out flaws in your thinking process . To think that someone will work for free is a simplistic nickolodeon mindset that shows you lack logic.

2edgy4me

I never said I expected him to work for free

You're being so defensive that you aren't even reading what I say. Unless of course you are actually so misinformed to think that a HIDDEN premine is the only way to make money off a cryptocurrency. The fact that he is hiding it should make you suspicious. Also the fact that he is either lying, or forgetting that he left 14 million coins somewhere doesn't exactly give you much hope for this dev. He really doesn't seem very dependable.

[mrbigmugs]

Sell your coins and move on then.

[burnbabyburn71]

Sell your coins and move on then.

I sold my coins a while ago, you don't have to tell me what to do. And no, I'm not moving on. Rather than just carelessly running away from problems like you do, I actually try to solve them.

[mrbigmugs]

Sell your coins and move on then.

I sold my coins a while ago, you don't have to tell me what to do. And no, I'm not moving on. Rather than just carelessly running away from problems like you do, I actually try to solve them.

Please let us all know when you solve this MAJOR problem of the developer actually having ownership in his own company.  We all cannot wait for your due diligence report .

[burnbabyburn71]

Sell your coins and move on then.

I sold my coins a while ago, you don't have to tell me what to do. And no, I'm not moving on. Rather than just carelessly running away from problems like you do, I actually try to solve them.

Please let us all know when you solve this MAJOR problem of the developer actually having ownership in his own company.  We all cannot wait for your due diligence report .

Firstly its not a company. Secondly "us" and "we" implies there are more than one person who actually think hidden premines are a good thing, you're the only one who thinks this. Go back to your stocks and bonds, cryptocurrencies are very different and clearly you have no idea how they work.