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Uran0s
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April 19, 2015, 03:59:57 PM |
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Brutal dump!
Love to see the weak hands falling in the trap when whales continue to accumulate  You are calling someone with almost 900k coins a weak hand, I don't think so. Still, why dump so hard now? Perhaps he bought around 4000 sat and is trying to salvage some value? Not a very smart whale if so. Perhaps, someone was still in profit, so he sold his coins instead of waiting for 420 pump, which may come or not, or he dumped because of reason you mentioned. |
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BitcoinSanDiego
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April 19, 2015, 04:00:41 PM |
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Brutal dump!
Love to see the weak hands falling in the trap when whales continue to accumulate You are calling someone with almost 900k coins a weak hand, I don't think so. Still, why dump so hard now? Perhaps he bought around 4000 sat and is trying to salvage some value? Not a very smart whale if so. Perhaps, someone was still in profit, so he sold his coins instead of waiting for 420 pump, which may come or not, or he dumped because of reason you mentioned. If you look at the 4/20 pump from potcoin last year, you will notice that it dumped the day before 4/20 and that was that. |
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hughbt
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April 19, 2015, 04:01:23 PM |
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Back to 1000 sats?
3btc to 3k sat. LOL Most people probably don't even know yet that price dropped so much, it's sunday afternoon. We might be back @3k sat tomorrow eaaasiiily. BTW I just bought a bag of cann @1400(for the first time). |
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BanzaiBTC
Legendary
 Offline
Activity: 1526
Merit: 1002
Chipcoin Developer
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April 19, 2015, 04:03:57 PM |
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Alright.. I have been thinking a lot about this recently... What is the main "magnet" for people to buy CANN? 1 CANN for 1 gram of marijuana is not realistic! Even if the dev is growing his canndy.. I doubt he is growing millions of grams! In a dutch coffeeshop a good quality weed already costs you about ~8-9 euro  This is not meant as fud, but purely interest! I am a well known figure in a few regions in the netherlands, cannabis related of course  I cant see this happening.. I really cant. Why would someone sell his weed for 1 cann? if he can sell it on the streets for at least 5$ a gram  It doesnt make any sense to me at all! I also spoke to a few coffeeshop owners if they are willing to accept CANN or BTC as payment. They all answered no. Because they will lose money on it, since its cryptomarkets. And not 1 coin has a stable value. I told them later on in the conversation there are multiple auto exchange platforms available, but that would mean interference from other companys to do the trading. Marijuana related "companys" dont like interference At least not where I come from I do hold a small stake in cann. I have around 30K atm. Please give me good reason to stock up more, besides the "upcoming 420 pump" Thank you, Banzai |
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Dirgantara
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April 19, 2015, 04:04:29 PM |
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Epic dump? Deja vu
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Jiggy0001
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April 19, 2015, 04:12:50 PM |
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the chart pattern tells me... this is not coming back anytime soon. Lets see, but don't expect recovery. more likely it will dump even more  |
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brightlight
Legendary
Offline
Activity: 1288
Merit: 1000
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April 19, 2015, 04:16:56 PM |
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the chart pattern tells me... this is not coming back anytime soon. Lets see, but don't expect recovery. more likely it will dump even more Wrong!!! It will recover and stay @2500 |
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thuhanguyen
Newbie
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Activity: 55
Merit: 0
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April 19, 2015, 04:17:06 PM |
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cann come back 1k satoshi  i wait |
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dygus
Legendary
Offline
Activity: 1193
Merit: 1000
Peaky Blinder
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April 19, 2015, 04:17:30 PM |
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Brutal dump!
Love to see the weak hands falling in the trap when whales continue to accumulate You are calling someone with almost 900k coins a weak hand, I don't think so. Still, why dump so hard now? Perhaps he bought around 4000 sat and is trying to salvage some value? Not a very smart whale if so. I'm monitoring the top wallets on bittrex since one week and I can confirm to you that no one from TOP #1 to TOP #10 sold their CANN. These 900k are few weak hands panic selling. I saw that too. It wasn't them |
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Apraksin
Sr. Member
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Activity: 420
Merit: 251
Moon?
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April 19, 2015, 04:19:34 PM |
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Alright.. I have been thinking a lot about this recently... What is the main "magnet" for people to buy CANN? 1 CANN for 1 gram of marijuana is not realistic! Even if the dev is growing his canndy.. I doubt he is growing millions of grams! In a dutch coffeeshop a good quality weed already costs you about ~8-9 euro This is not meant as fud, but purely interest! I am a well known figure in a few regions in the netherlands, cannabis related of course I cant see this happening.. I really cant. Why would someone sell his weed for 1 cann? if he can sell it on the streets for at least 5$ a gram It doesnt make any sense to me at all! I also spoke to a few coffeeshop owners if they are willing to accept CANN or BTC as payment. They all answered no. Because they will lose money on it, since its cryptomarkets. And not 1 coin has a stable value. I told them later on in the conversation there are multiple auto exchange platforms available, but that would mean interference from other companys to do the trading. Marijuana related "companys" dont like interference At least not where I come from I do hold a small stake in cann. I have around 30K atm. Please give me good reason to stock up more, besides the "upcoming 420 pump" Thank you, Banzai My understanding is that the situation in the USA versus Europe/Netherlands is quite different. https://www.whitehouse.gov/ondcp/state-laws-related-to-marijuanaBecause sale of marijuana is not legalized under federal law, the banks are often unwilling to harbour bank-accounts for the different dispensaries, shuting them down or freezing them since they do not want to be assosiated with federal illegal crime. However, if the dispensaries take payment in CANN, they can then sell it for BTC or $ on exchanges which are then transferred to the bank providing a loophole. After all, it's dificult to thrive as a business today if you can't have a bank-account. If Cann can establish itself as the payment and weed of choice through this loophole the potential is rich. My 2 sat. |
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meliketitties
Newbie
Offline
Activity: 55
Merit: 0
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April 19, 2015, 04:24:16 PM |
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What I'm seeing on bittrex is total chaos. I mean wtf...most of the coins don't have any merit whatsoever to claim a position on the top page. Still, there they are with high volume trades. But I'll keep the words of the Rotschilds in mind; "buy when there's blood on the streets"
lol
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BitcoinSanDiego
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April 19, 2015, 04:26:56 PM |
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the chart pattern tells me... this is not coming back anytime soon. Lets see, but don't expect recovery. more likely it will dump even more Wrong!!! It will recover and stay @2500 2 million CANN was dumped in 20 minutes... someone is making a living just trading the CANN market... that's for sure |
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brightlight
Legendary
Offline
Activity: 1288
Merit: 1000
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April 19, 2015, 04:27:27 PM |
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Whales are trying to scare small traders with high volume sells, they didn't get enough at recent dump. I predict that trades are not over for CANN. Probably another peak at 3k expected.
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tripppn
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April 19, 2015, 04:29:04 PM |
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Back to 1000 sats?
3btc to 3k sat. LOL Most people probably don't even know yet that price dropped so much, it's sunday afternoon. We might be back @3k sat tomorrow eaaasiiily. BTW I just bought a bag of cann @1400(for the first time). Well done sir. Well done! |
“You can't be a real country unless you have a beer and an airline - it helps if you have some kind of football team, or some nuclear weapons, but in the very least you need a beer.”
― Frank Zappa
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BitcoinSanDiego
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April 19, 2015, 04:29:11 PM |
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Whales are trying to scare small traders with high volume sells, they didn't get enough at recent dump. I predict that trades are not over for CANN. Probably another peak at 3k expected.
maybe, maybe not. there's only 5 BTC of buy support to 1600 satoshis. Anymore big dumps and we will probably see the price back down to ~1500 sats |
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tripppn
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April 19, 2015, 04:32:15 PM |
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Whales are trying to scare small traders with high volume sells, they didn't get enough at recent dump. I predict that trades are not over for CANN. Probably another peak at 3k expected.
maybe, maybe not. there's only 5 BTC of buy support to 1600 satoshis. Anymore big dumps and we will probably see the price back down to ~1500 sats Moving BTC and gonna be praying for that to happen... |
“You can't be a real country unless you have a beer and an airline - it helps if you have some kind of football team, or some nuclear weapons, but in the very least you need a beer.”
― Frank Zappa
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dygus
Legendary
Offline
Activity: 1193
Merit: 1000
Peaky Blinder
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April 19, 2015, 04:32:18 PM |
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Think ppl if you wanted to sell so much coins would you do it by one click?
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Justicemaxx
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April 19, 2015, 04:34:47 PM |
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Oh how I'm tired of these blends.... My opinion is that if you wanted to sell, would sell for a little bit, as did 4-5 days ago. It was clear that hoarding BTC when you sell 4-3 with kSat, then a sharp influx CANN for fever market down. So why do you ask? And I answer to accumulate BTC upstairs and buy more CANN downstairs, hoping for a massive dump.. I have not sold still and not going yet )) Let's even lower! I buy more!, and then it goes up..
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johnambush
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April 19, 2015, 04:38:25 PM |
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Whales are trying to scare small traders with high volume sells, they didn't get enough at recent dump. I predict that trades are not over for CANN. Probably another peak at 3k expected.
maybe, maybe not. there's only 5 BTC of buy support to 1600 satoshis. Anymore big dumps and we will probably see the price back down to ~1500 sats Moving BTC and gonna be praying for that to happen... that makes two of us  |
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BitcoinSanDiego
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April 19, 2015, 04:39:04 PM |
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Whales are trying to scare small traders with high volume sells, they didn't get enough at recent dump. I predict that trades are not over for CANN. Probably another peak at 3k expected.
maybe, maybe not. there's only 5 BTC of buy support to 1600 satoshis. Anymore big dumps and we will probably see the price back down to ~1500 sats Moving BTC and gonna be praying for that to happen... that makes two of us 3 of us |
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