How much does it cost to grow a gram of pot? Just input costs.
Just looking in over here ... something I don't get. The whole deal is that the dev thinks the price will cover his expenses starting on the 20th in particular and in general? If some idiot whale dumps "on the news" and the price tanks he's willing to eat the cost to keep the 1 gram = 1 cann thing going? He could just dump his part and chive out at any time too, right? Not saying he would but it wouldn't be the first time. Any wanker can put up a picture of a little girl and pull in the sympathy. I want to know possibilities. Is it that the actual cost to grow a gram of pot is essentially nothing and that and that he feels he can still eek some profit or break even no matter what (forgetting about the $15.00 per gram average price in the US while the project steam up?) He's growing his own for this on his own farms, right? And presumably planning selling a got bit of that the usual way at the usual cost to keep the lights on? There's those who think a few questions is FUD, this isn't that. I don't mind coming in late to the party and turning 10 cents into 15 dollars over and over. Better than coming in early and tossing away hundreds on a bag as I've learnt the hard way. Looking forward to what your community has to say. Don't really have time to go through the forum and all what with the rocket ships and the like. Bitcointalk is a bloody awful source of information the way it is.
Once the POT (Proof of transaction, I just came up with that, lol) is done then we will know everything for sure. People will see the POT and jump on board knowing that the company is indeed backing their order. This should bring the price up to a stable price and knowing that it can be backed, should not drop below that. This is increased exponentially once patients see the POT and realize they can get a couple years worth of medicine for a couple hundred dollars (and I'm sure Dev will be selling the coin at the event.) Those people in turn will want to tell their friends about the deal before its too late and etc leading into a snowball up to stable price. The whole forum is waiting for the POT before it takes off to it's true value (I predict $10-15) until then we will see the risk takers investing to get the cheap coins and on the 20th the 'safe' investors should start coming in too.
Oh and they would just hold the coins until they hit the proper price and wouldn't lose any money
not much. it varies depending on the strain and who and how they grow it.
As I see, the dev team has done everything right to get to a stable price after the boom. As we have seen the videos of the new grow locations, they are secondary or tertiary assets to back the coin -they are not ready to harvest, most of the grow will finish late december or early january since we have only seen the equipment but not a single plant yet, they might be in germination/vegetative stage by now- most of the initial grows are already complete, dried, cured properly and sitting in a jar. The $15 price will become a reality indeed, but I'm not sure if it will happen on 10/20. It would be too soon and would burn the weed supply too quickly. The trick is consistency, I speculate that the volume of the weed ready to consume will cover the initial 3 months. The gaps might be filled with autoflowering varieties, who knows.
The $15 price is absolutely a go when those assets are harvested and the 24/7 grow schedule becomes consistent.
I love the idea of getting rich quick, but personally I don't mind getting rich slow. Winter is not for Ferraris anyway, lol