CannabisCoin [CANN][X11][Official] Developments & Discussions

[zercrypt]

For the Newbies in Crypto, here's some interesting explanations

http://en.wikipedia.org/wiki/Troll_(Internet)

http://de.wikipedia.org/wiki/Fear,_Uncertainty_and_Doubt

I'm in crypto for about 3 months now and i too bought 200k and now got burned, for the time. but why would i give the whales my coins at these price? It will go up anyway, so i'll hold.

You should do so too. Otherwise you will lose even more.

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[ptic-1]

Hi guys,

I’m pretty new to this world so apologies for my ignorance. I heard about Cannabis Coin on Twitter and after reading through the threads I decided to buy yesterday.

I went through the lengthy process of buying a Bitcoin and used Bittrex to buy 7000 CANN.
The price today has fallen dramatically, and it looks like from what I’ve read, I’m a victim of a pump and dump?

I don’t understand any of this, nor do I wish to, I just hate that I’ve been manipulated. Is this what Crypto currency is about then? Rather Sad.

didnt you buy it to get some weed.. now yur just greedy  

I'm in Europe, thought something like this could eventually spread to Amsterdam, so yes, I did buy for weed but didn't expect the money I invested to disappear

it disappears only if you sell.  

You sell you lose and manipulators win...they sell it later for more price. Don't give in.

Hold it.

congratulations you bought yourself a *+-70000$ worth of weed             *1CANN=1g canndy =+-10$ per g

[unusualfacts30]

Hi guys,

I’m pretty new to this world so apologies for my ignorance. I heard about Cannabis Coin on Twitter and after reading through the threads I decided to buy yesterday.

I went through the lengthy process of buying a Bitcoin and used Bittrex to buy 7000 CANN.
The price today has fallen dramatically, and it looks like from what I’ve read, I’m a victim of a pump and dump?

I don’t understand any of this, nor do I wish to, I just hate that I’ve been manipulated. Is this what Crypto currency is about then? Rather Sad.

Clasically a pump and dump is when a large holder(or rich manipulator) drives up the price of a coin by buying large amounts. Once the price takes off a little they sell their holdings at a profit and drive the price down. Some may accumulate more from the wreckage, others may keep the profits and move on.

This is irrelevant for CANN and here is why...

Cryptocurrency have fallen prey to it in the past because they have no backing, no true, intrinsic value. PnD's only work in a limited market such as isolated cryptos, if you bring in enough 'outside money' such as from cannabis related VC's then the whales won't be able to do a thing.

Commodity backed currencies are new and just figuring out how they work, our society is so divorced from 'backed' money that most people don't even understand it. Back in the day money used to be nothing more than receipts/vouchers for gold, now we can make our own money and use a consumable commodity which in many was is actually better.

Most people on this thread do not really grasp the finer points of the legal marijuana trade or how backed currencies function. Sure when you back your currency with X amount of gold you need to have that same x amount gold held. If you back it with a consumable product you just need to be able to keep up with demand which at the moment is fairly low. Stoners are creative and will do anything for cheaper bud, CANN will inevitably rise through people buying in with outside money(IE not 'whales') and many people hodling. People were hoping to make huge profits overnight but that was fairly unreasonable anyway.

The fact is that 1 Cann = 1g of bud, given a long enough time frame the value will rise.

Personally I think this is the time to get some donations to med patients set up, some sort of CANN fund. Imagine being able to say that you donated KILOS to poor med patients. That will not be possible in a few months or years.

Psilent

I agree and thank it's a good idea I just am not financially able to but would love to help in any way I can.

Crypto is crazy market..always invest what you can afford to lose.

Either way..CANN would be up in no time. don't worry. We're all holding it and buying it whenever we see an opportunity.

[VLR]

Holding and keep mining it, the dif is very low after yesterday....

[Psilent]

Hi guys,

I’m pretty new to this world so apologies for my ignorance. I heard about Cannabis Coin on Twitter and after reading through the threads I decided to buy yesterday.

I went through the lengthy process of buying a Bitcoin and used Bittrex to buy 7000 CANN.
The price today has fallen dramatically, and it looks like from what I’ve read, I’m a victim of a pump and dump?

I don’t understand any of this, nor do I wish to, I just hate that I’ve been manipulated. Is this what Crypto currency is about then? Rather Sad.

Clasically...

I agree and thank it's a good idea I just am not financially able to but would love to help in any way I can.

Okay, lets brainstorm. How can we contact MMJ users in Arizona? I have looked for some but not had much luck, I went through azmarijuana.com and contacted everyone seeking donations of cannabis explaining how CANN works etc. I'll see if I get some replies but there wasn't many people.

I can give 10 CANN to anyone who shows me a valid AZ MMJ card(photo of them holding, just not a scan) for like 100 people but how do I reach them?


Psilent

Edit: I don't have a US phone number so I can't do Craigslist

[Edraket31]

Hi guys,

I’m pretty new to this world so apologies for my ignorance. I heard about Cannabis Coin on Twitter and after reading through the threads I decided to buy yesterday.

I went through the lengthy process of buying a Bitcoin and used Bittrex to buy 7000 CANN.
The price today has fallen dramatically, and it looks like from what I’ve read, I’m a victim of a pump and dump?

I don’t understand any of this, nor do I wish to, I just hate that I’ve been manipulated. Is this what Crypto currency is about then? Rather Sad.

didnt you buy it to get some weed.. now yur just greedy 

I'm in Europe, thought something like this could eventually spread to Amsterdam, so yes, I did buy for weed but didn't expect the money I invested to disappear

Sorry to say, but it is your own fault (if you are serious)
You didn't do good research (rule nr 1)
this coin is for medical patients in USA

If you would have done more research, you would have discovered that you were to buy a coin what already was pumped with an enourmous rise in price
More research would have told you that this rise in price was organized by some pumpgroups
Not specifically research but experience would have warned you that "sell on the news" was about to happen

[Beerwinkles]

Holding and keep mining it, the dif is very low after yesterday....

And the Hash rate has dropped to time to mine.

[carafleur]

-Snip-
Stoners are creative and will do anything for cheaper bud, CANN will inevitably rise through people buying in with outside money(IE not 'whales') and many people hodling. People were hoping to make huge profits overnight but that was fairly unreasonable anyway.

The fact is that 1 Cann = 1g of bud, given a long enough time frame the value will rise.

Personally I think this is the time to get some donations to med patients set up, some sort of CANN fund. Imagine being able to say that you donated KILOS to poor med patients. That will not be possible in a few months or years.

Psilent


Edit: If you are new to crypto you probably also need to know that we have some of the most creative and diverse trolls, don't believe anything you see or read that could possibly have an agenda. Just be nice and ignore all the horrible, vindictive people that lurk around.

So imagine what a stoner troll whale could do  
The thing is, Cannabis is not the preferred dope among traders ...!___

[phx710]

This is good it will get rid of all the day traders and penny stock barons.

Dev posted 8 hours ago. 10PM, 6AM here now. My guess he partied last night, hard.

This will take maybe all of 2015 for completion. But it works that is shown. Adoption is key.

I do know that on twitter his followers include people like Steve DeAgelo.

First dispensary in AZ took years to open. I got nothing but time.

This is just culling the folks with no balls that will not stand up. Stay lifted!

[myxamop]

Hi guys,

I’m pretty new to this world so apologies for my ignorance. I heard about Cannabis Coin on Twitter and after reading through the threads I decided to buy yesterday.

I went through the lengthy process of buying a Bitcoin and used Bittrex to buy 7000 CANN.
The price today has fallen dramatically, and it looks like from what I’ve read, I’m a victim of a pump and dump?

I don’t understand any of this, nor do I wish to, I just hate that I’ve been manipulated. Is this what Crypto currency is about then? Rather Sad.

Clasically a pump and dump is when a large holder(or rich manipulator) drives up the price of a coin by buying large amounts. Once the price takes off a little they sell their holdings at a profit and drive the price down. Some may accumulate more from the wreckage, others may keep the profits and move on.

This is irrelevant for CANN and here is why...

Cryptocurrency have fallen prey to it in the past because they have no backing, no true, intrinsic value. PnD's only work in a limited market such as isolated cryptos, if you bring in enough 'outside money' such as from cannabis related VC's then the whales won't be able to do a thing.

Commodity backed currencies are new and just figuring out how they work, our society is so divorced from 'backed' money that most people don't even understand it. Back in the day money used to be nothing more than receipts/vouchers for gold, now we can make our own money and use a consumable commodity which in many was is actually better.

Most people on this thread do not really grasp the finer points of the legal marijuana trade or how backed currencies function. Sure when you back your currency with X amount of gold you need to have that same x amount gold held. If you back it with a consumable product you just need to be able to keep up with demand which at the moment is fairly low. Stoners are creative and will do anything for cheaper bud, CANN will inevitably rise through people buying in with outside money(IE not 'whales') and many people hodling. People were hoping to make huge profits overnight but that was fairly unreasonable anyway.

The fact is that 1 Cann = 1g of bud, given a long enough time frame the value will rise.

Personally I think this is the time to get some donations to med patients set up, some sort of CANN fund. Imagine being able to say that you donated KILOS to poor med patients. That will not be possible in a few months or years.

Psilent


Edit: If you are new to crypto you probably also need to know that we have some of the most creative and diverse trolls, don't believe anything you see or read that could possibly have an agenda. Just be nice and ignore all the horrible, vindictive people that lurk around.

+1 Hold your coins, we lost nothing 1 Cann still = 1g of bud

[VLR]

Holding and keep mining it, the dif is very low after yesterday....

And the Hash rate has dropped to time to mine.

never stopped mining it... current mining is much better then it was last weeks.
time to grab some more coins from the pools

[VLR]

Lionx7

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[DankyDank]

Lionx7

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Same here. A total douche.

[YoungaCrypto]

Hi guys,

I’m pretty new to this world so apologies for my ignorance. I heard about Cannabis Coin on Twitter and after reading through the threads I decided to buy yesterday.

I went through the lengthy process of buying a Bitcoin and used Bittrex to buy 7000 CANN.
The price today has fallen dramatically, and it looks like from what I’ve read, I’m a victim of a pump and dump?

I don’t understand any of this, nor do I wish to, I just hate that I’ve been manipulated. Is this what Crypto currency is about then? Rather Sad.

Hey!

No dont worry, 3 weeks ago it was much, much much lower. The price now is good and will only get higher again.

If u look over 1-2 months the price will only be higher. Ur a victim of nothing, ur still luck with the low price u payed.

pump and dump is always at the begin after the great news. After that the coin and customers will do the rest of the work what means the price will rise again.

Dont forget yesterday / monday the 20th is the first day this coin get launched in the real world. From yesterday/today customers from the shop will buy this coin to get there cannabis. That means the price will only get higher, but at a natural way.

The reason it get lower ( REMEMBER ITS NOT LOW NOW! )is because some people what only want to make profit had a lot of coins and sold them all, nothing more

No worry! Geen zorgen! dit is normaal. Prijs zal vanaf morgen alleen maar gaan stijgen!

I see thanks dude, will try not to look at this thread and prices but it's hard when you've put your money into something.

[Beerwinkles]

Lionx7

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I think this person got kicked of the IRC channel.

[e-coinomist]

the funniest thing about CANN is that now you can buy a gram of weed in Arizona basically for free...

A new touristic attraction  soon other cities are in need to draw even

[Stratobitz]

Not hard to make the price go UP.

Easy.

Strato

[KryptoKings]

I am sure D9 has a million pm msg so I will post it here. Can you please contact me regarding an interview on The Krypto Kings Show? We would love to have you one.

Thanks,
Johnny Bravoo

[asdfguys]

I am sure D9 has a million pm msg so I will post it here. Can you please contact me regarding an interview on The Krypto Kings Show? We would love to have you one.

Thanks,
Johnny Bravoo

Please make this post again once he is online , i am not sure if they will read through every single post and a interview is always a nice thing

[goto2013]

hey guys

we added CannabisCoin to our Altcoin, Mining and Info site!

have a look at http://www.satoshis.guru/home/coin-news/cannabis-coin/

price calc, network stats and price calc will be added soon!

greetz