[ANN] CannabisCoin [CANN][X11][Official] Unmoderated General Discussions. - page 140.

natmccoy

legendary

Activity: 868

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twitter.com/natmcmolecule

Quote from: CannabisCoinDev on October 14, 2014, 12:31:45 AM

Just wanted to give shout outs to another innovative Arizona based creation.

http://americangreen.com/american-green-to-deploy-newest-version-of-zazzz/

Any hopes for CANN cooperation with zazzz?

LazerPanther

member

Activity: 334

Merit: 10

Is that a Vending Machine? They don't specify in the article...

Also, to the people shouting watch out for large holders.
This is nothing at the moment. Have you never traded crypto before?
The market is being manipulated to still buy in cheap. The bots are accumalating.
The book is being padded.
This is normal.
This is a foreshadowing of the soon to be explosion.
The large sell amount is to scare you off from buying and to entice you to sell in fear.
Obviously it is working...

Quote from: CannabisCoinDev on October 14, 2014, 12:31:45 AM

Just wanted to give shout outs to another innovative Arizona based creation.

http://americangreen.com/american-green-to-deploy-newest-version-of-zazzz/

CannabisCoinDev

hero member

Activity: 490

Merit: 500

The Official CannabisCoin Team [CANN]

Just wanted to give shout outs to another innovative Arizona based creation.

http://americangreen.com/american-green-to-deploy-newest-version-of-zazzz/

minerjoen

hero member

Activity: 644

Merit: 500

Quote from: hugabase on October 13, 2014, 10:03:02 AM

Woww..to many wallet have a lot CANN, it's so dangerous because anytime price CANN can be DUMP

Yeah the most important is to get the right price and get that stable. This coin is already accepted in the real world as a payment system. We should respect that.
I also dont believe that the whales will sell. Buy and sell or sell and buy is always good if u do it in small amounts Cheesy

This coin is not a coin to get euro's with, but to get cannabis and other goods in the fysical stores. Ofc buy with euro's or sell for euro's is also not bad, its the peoples choice, but again its important to do that in small amounts ( at least the selling )

And even if whales want to sell, they dont do it for a lower price then it is. They will do it for a higher price with results that the price for 1 coin get more higher.. So that's also good for this coin

I finally see positive things in a coin after bitcoin.. This is 1 of the best alt coins already, i'm happy i'm into this coin since day 1 and ofc it's still not to late for new people.

natmccoy

legendary

Activity: 868

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twitter.com/natmcmolecule

Cevarius - He's probably just a bit sensitive about practical matters that could raise concern in the market. I'm sure he's thought about all this as he has a lot riding on it. If there's too much FUD and CANN doesn't make it he'll be selling that sweet juicy bud at quite a loss next week, so he quickly laughed off your concern. But you raise valid points, the MMJ industry is rather tricky at the moment.

WarrEagle - #1 on Bittrex with 250 BTC of volume, and a lot of energetic buy support. A 20btc order may seem massive when you are looking at the order book, but it's nothing that can't be eaten through in a few hours (look at the 30,000 btc wall on Bitstamp a week ago, when there is demand, people buy right through walls). Besides, who's to say they won't remove the wall when they realize the market is heading aggressively upward.

corather

legendary

Activity: 1708

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Solarcoin.org

Quote from: WarrEagle on October 13, 2014, 11:46:04 PM

There isn't enough buy support for a big holder to dump more than a few BTC. Do you not see that? It makes no sense at all, are you a noob? 3.5 BTC of buy support would hardly do anything towards a 20 BTC investment.

Go learn what trading is really about will you please.

Okay.

WarrEagle

hero member

Activity: 663

Merit: 501

There isn't enough buy support for a big holder to dump more than a few BTC. Do you not see that? It makes no sense at all, are you a noob? 3.5 BTC of buy support would hardly do anything towards a 20 BTC investment.

Go learn what trading is really about will you please.

cevarius

member

Activity: 109

Merit: 10

Quote from: CannabisCoinDev on October 13, 2014, 10:57:26 PM

Quote from: cevarius on October 13, 2014, 10:52:11 PM

Quote from: corather on October 13, 2014, 10:02:26 PM

Law enforcement can't stop cannabis transactions where it's legal. The problem lies in the federal government where all sales of marijuana are still deemed illegal. Crypto helps to solve that problem by trading cannabis for a token. If the token is worth what you're trading for, you can sell that token and the sale of the token is not illegal under the eyes of the federal government.

First thing that comes to mind that could throw government wrenches into the mix are state/local sales/property taxes and federal income taxes/employment taxes.

Can't pay any of the above directly with CANNs, so they'll have to be exhanged to USD$s. But, IRS/State/etc are going to want to know where those deposits of USD$s suddenly come from.

How do businesses and small towns handle reporting income/wages/etc when using specialized local/community currencies?

/not an expert of state/fed taxes, income/wage reporting, nor alternative currencies in the analog world

Thank you,

lol "IRS/State/etc are going to want to know where those deposits of USD$s suddenly come from"

Did you know 99.9% of dispensaries are CASH? Dispensaries have problems with large sums of cash already and LARGE SUMS of cash is what banks see from dispensaries.
Merchants are not 100% crypto. Please go ask your local tax representative regarding your questions.

Ok, no need to laugh at me. I'm just wondering, because as a small business owner I know the hassle of keeping up on the mountain of various income/property/employee taxes from fed down to local, and how quick they are to jump on me for the smallest error or delay or just because. I just imagine the hurdles are much higher for such a highly regulated business sector, and one that's illegal (but still reported and taxed) at the federal level.

Asking my local tax representative is moot, considering I'm in a non-MJ/MMJ state.

Perhaps taxes aren't an issue in the MMJ business. Sorry for bringing it up.

hugabase

hero member

Activity: 824

Merit: 1000

Quote from: WarrEagle on October 13, 2014, 11:38:10 PM

Large sell wall is going to get eaten alive. That is certain...someone dumped earlier this is a just profit taking now.

the BIG Holder Dumper ready to work..!!! be carefull

WarrEagle

hero member

Activity: 663

Merit: 501

Large sell wall is going to get eaten alive. That is certain...someone dumped earlier this is a just profit taking now.

mitchr4

legendary

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Join the world-leading crypto sportsbook NOW!

bought back in at a loss, I have no idea what the fuck is going to happen with CANN at the moment...

omgnaro

member

Activity: 119

Merit: 10

CannabisCoin dev please check your reddit PMS, its a good idea

CannabisCoinDev

hero member

Activity: 490

Merit: 500

The Official CannabisCoin Team [CANN]

Quote from: cevarius on October 13, 2014, 10:52:11 PM

Quote from: corather on October 13, 2014, 10:02:26 PM

Law enforcement can't stop cannabis transactions where it's legal. The problem lies in the federal government where all sales of marijuana are still deemed illegal. Crypto helps to solve that problem by trading cannabis for a token. If the token is worth what you're trading for, you can sell that token and the sale of the token is not illegal under the eyes of the federal government.

First thing that comes to mind that could throw government wrenches into the mix are state/local sales/property taxes and federal income taxes/employment taxes.

Can't pay any of the above directly with CANNs, so they'll have to be exhanged to USD$s. But, IRS/State/etc are going to want to know where those deposits of USD$s suddenly come from.

How do businesses and small towns handle reporting income/wages/etc when using specialized local/community currencies?

/not an expert of state/fed taxes, income/wage reporting, nor alternative currencies in the analog world

Thank you,

lol "IRS/State/etc are going to want to know where those deposits of USD$s suddenly come from"

Did you know 99.9% of dispensaries are CASH? Dispensaries have problems with large sums of cash already and LARGE SUMS of cash is what banks see from dispensaries.
Merchants are not 100% crypto. Please go ask your local tax representative regarding your questions.

cevarius

member

Activity: 109

Merit: 10

Quote from: corather on October 13, 2014, 10:02:26 PM

Law enforcement can't stop cannabis transactions where it's legal. The problem lies in the federal government where all sales of marijuana are still deemed illegal. Crypto helps to solve that problem by trading cannabis for a token. If the token is worth what you're trading for, you can sell that token and the sale of the token is not illegal under the eyes of the federal government.

First thing that comes to mind that could throw government wrenches into the mix are state/local sales/property taxes and federal income taxes/employment taxes.

Can't pay any of the above directly with CANNs, so they'll have to be exhanged to USD$s. But, IRS/State/etc are going to want to know where those deposits of USD$s suddenly come from.

How do businesses and small towns handle reporting income/wages/etc when using specialized local/community currencies?

/not an expert of state/fed taxes, income/wage reporting, nor alternative currencies in the analog world

zyronx

legendary

Activity: 1078

Merit: 1001

Quote from: CannabisCoinDev on October 13, 2014, 10:35:32 PM

Coindesk Article about another dispensary - http://www.coindesk.com/washington-dispensary-now-takes-bitcoin-cannabis/

that is in my home land

CannabisCoinDev

hero member

Activity: 490

Merit: 500

The Official CannabisCoin Team [CANN]

Every gram of medical marijuana is tracked and logged even if its free per state laws.
Every patient must be a MMJ medical marijuana card holder.

CannabisCoinDev

hero member

Activity: 490

Merit: 500

The Official CannabisCoin Team [CANN]

Coindesk Article about another dispensary - http://www.coindesk.com/washington-dispensary-now-takes-bitcoin-cannabis/

coinsarecool

newbie

Activity: 1

Merit: 0

Great coin. Makes a strong statement about liberty.

But

People should remember there are folks in America serving life without parole for nonviolent marijuana offenses.

http://www.lifeforpot.com/

CannabisCoinDev

hero member

Activity: 490

Merit: 500

The Official CannabisCoin Team [CANN]

Quote from: CannabisCoinDev on October 07, 2014, 09:55:03 PM

IT'S OFFICIAL!
CannabisCoin "Yes We CANN" event happens on

10/20/2014

No tricks, just TREATS!

Patient education and awareness about CannabisCoin and the Yes We CANN Movement has begun at Herbal Wellness Center in Phoenix.

Staff has been trained and are ready for the groundbreaking event.

We have multiple dispensaries and multiple locations. ALL will accept CannabisCoin as exclusive Cannabis digital payment. Official announcments for those are coming.

Growers are ready for flowering more "CANNDY" plants - Batch 1 is Indica dominant hybrid "OG" kush strain.
AVG street price http://marijuana.com/news/2013/06/2013-top-5-marijuana-strains-what-will-an-ounce-of-good-pot-cost-you-2/

There is a lot more coming!

The CannabisCoin and the YesWeCANN movement was created to provide quality, safe, and affordable medication to patients utilizing the CannabisCoin.

From Deltanine: "The end days of 'bullshit scam coins' and hopeless pump and dump schemes are being counted." "Let the people have their freedom in their investments and let them see with their own eyes what cryptocurrency was meant for."

~Dev Team
Edit: Oh and BTW, YES WE CANN

Looks like the CANN team will be at HWC tomorrow to help setup remaining point of sale systems and run tests.
We are GREEN!

YES WE CANN

mitchr4

legendary

Activity: 2716

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Join the world-leading crypto sportsbook NOW!

I sold, probably a bad idea. but that sell wall staying just off the page makes me think something strange is going on, and im up pretty big. Ill buy back in the morning at a loss if were back on the climb.

Topic: [ANN] CannabisCoin [CANN][X11][Official] Unmoderated General Discussions. - page 140. (Read 492677 times)