That, or at least it is fun to see all the 420's in the purchase history
Topic: [ANN] CannabisCoin [CANN][X11][Official] Unmoderated General Discussions. - page 197. (Read 492677 times)
September 11, 2014, 10:59:39 PM
And remember, whenever you buy Cannabis Coin, buy in increments of 420 or 4200. Somehow, this will please the Cannabis gods who will then magically cause the price of the coin to explode.
That, or at least it is fun to see all the 420's in the purchase history
That, or at least it is fun to see all the 420's in the purchase history
September 11, 2014, 10:55:36 PM
Man, this coin has the potential to go through the roof. If I were running a dispensary right now here is what I would do:
Step 1: Align with a collective of other dispensaries in CA, AZ, CO, and WA
Step 2: Buy 1 million CANN each
Step 3: Start accepting CANN at the peg. Film it, post it on YouTube, blast it on social media. Show proof of the CANN actually being accepted.
Step 4: Unload the CANN when it skyrockets to meet the peg.
Let's say a dispensary ends up with 50 customers a day buy 1 gram each with CANN (an estimate I would think is pretty high). At current value, that would mean that they are losing maybe $1,000 a day in revenue accepting something worth a penny for something they could get $20 for. In a year, they would lose $365,000 in potential revenue if the price stayed the same. But if the price raised to even $1, their loss over the year would reduce to $18,250 while the value of the CANN they held increased to a million dollars. It's a goddamned no-brainer.
So the question becomes, would the price rise? There has yet to be a successful asset-backed crypto. People don't believe Uro is real and that you can really purchase Urea with it. Also, people don't believe CANN will ever really be accepted at dispensaries. Uro skyrocketed in price when people briefly believed it was real. The same will happen for CANN, but unlike Uro, it won't be some unfamiliar foreign entity with crappy websites and shady backers. Real people will be able to walk into the dispensaries, film themselves making a purchase and share it with the world. It will be eminently verifiable.
In my opinion, once the process is verified, the market will freak the fuck out and the price will skyrocket towards the peg. Until dispensaries get on board, this won't happen. Until there is proof, this won't happen. But if 10 big name dispensaries in the key states got behind this, took a position in CANN, and then verified the peg? They could make millions in a matter of months, weeks or days.
For the love of god, dispensary owners, get on this and lets all make some fucking money! You could take a million coin position for like $10,000 and there is a damn likely chance you could turn that into millions with one fucking YouTube video of you accepting CANN! Possibly within days!
It is essentially an opportunity unlike any I've ever seen.
good point, everyone wins! I pray gods that dispensaries hear you Step 1: Align with a collective of other dispensaries in CA, AZ, CO, and WA
Step 2: Buy 1 million CANN each
Step 3: Start accepting CANN at the peg. Film it, post it on YouTube, blast it on social media. Show proof of the CANN actually being accepted.
Step 4: Unload the CANN when it skyrockets to meet the peg.
Let's say a dispensary ends up with 50 customers a day buy 1 gram each with CANN (an estimate I would think is pretty high). At current value, that would mean that they are losing maybe $1,000 a day in revenue accepting something worth a penny for something they could get $20 for. In a year, they would lose $365,000 in potential revenue if the price stayed the same. But if the price raised to even $1, their loss over the year would reduce to $18,250 while the value of the CANN they held increased to a million dollars. It's a goddamned no-brainer.
So the question becomes, would the price rise? There has yet to be a successful asset-backed crypto. People don't believe Uro is real and that you can really purchase Urea with it. Also, people don't believe CANN will ever really be accepted at dispensaries. Uro skyrocketed in price when people briefly believed it was real. The same will happen for CANN, but unlike Uro, it won't be some unfamiliar foreign entity with crappy websites and shady backers. Real people will be able to walk into the dispensaries, film themselves making a purchase and share it with the world. It will be eminently verifiable.
In my opinion, once the process is verified, the market will freak the fuck out and the price will skyrocket towards the peg. Until dispensaries get on board, this won't happen. Until there is proof, this won't happen. But if 10 big name dispensaries in the key states got behind this, took a position in CANN, and then verified the peg? They could make millions in a matter of months, weeks or days.
For the love of god, dispensary owners, get on this and lets all make some fucking money! You could take a million coin position for like $10,000 and there is a damn likely chance you could turn that into millions with one fucking YouTube video of you accepting CANN! Possibly within days!
It is essentially an opportunity unlike any I've ever seen.
September 11, 2014, 09:23:52 PM
Man, this coin has the potential to go through the roof. If I were running a dispensary right now here is what I would do:
Step 1: Align with a collective of other dispensaries in CA, AZ, CO, and WA
Step 2: Buy 1 million CANN each
Step 3: Start accepting CANN at the peg. Film it, post it on YouTube, blast it on social media. Show proof of the CANN actually being accepted.
Step 4: Unload the CANN when it skyrockets to meet the peg.
Let's say a dispensary ends up with 50 customers a day buy 1 gram each with CANN (an estimate I would think is pretty high). At current value, that would mean that they are losing maybe $1,000 a day in revenue accepting something worth a penny for something they could get $20 for. In a year, they would lose $365,000 in potential revenue if the price stayed the same. But if the price raised to even $1, their loss over the year would reduce to $18,250 while the value of the CANN they held increased to a million dollars. It's a goddamned no-brainer.
So the question becomes, would the price rise? There has yet to be a successful asset-backed crypto. People don't believe Uro is real and that you can really purchase Urea with it. Also, people don't believe CANN will ever really be accepted at dispensaries. Uro skyrocketed in price when people briefly believed it was real. The same will happen for CANN, but unlike Uro, it won't be some unfamiliar foreign entity with crappy websites and shady backers. Real people will be able to walk into the dispensaries, film themselves making a purchase and share it with the world. It will be eminently verifiable.
In my opinion, once the process is verified, the market will freak the fuck out and the price will skyrocket towards the peg. Until dispensaries get on board, this won't happen. Until there is proof, this won't happen. But if 10 big name dispensaries in the key states got behind this, took a position in CANN, and then verified the peg? They could make millions in a matter of months, weeks or days.
For the love of god, dispensary owners, get on this and lets all make some fucking money! You could take a million coin position for like $10,000 and there is a damn likely chance you could turn that into millions with one fucking YouTube video of you accepting CANN! Possibly within days!
It is essentially an opportunity unlike any I've ever seen.
Step 1: Align with a collective of other dispensaries in CA, AZ, CO, and WA
Step 2: Buy 1 million CANN each
Step 3: Start accepting CANN at the peg. Film it, post it on YouTube, blast it on social media. Show proof of the CANN actually being accepted.
Step 4: Unload the CANN when it skyrockets to meet the peg.
Let's say a dispensary ends up with 50 customers a day buy 1 gram each with CANN (an estimate I would think is pretty high). At current value, that would mean that they are losing maybe $1,000 a day in revenue accepting something worth a penny for something they could get $20 for. In a year, they would lose $365,000 in potential revenue if the price stayed the same. But if the price raised to even $1, their loss over the year would reduce to $18,250 while the value of the CANN they held increased to a million dollars. It's a goddamned no-brainer.
So the question becomes, would the price rise? There has yet to be a successful asset-backed crypto. People don't believe Uro is real and that you can really purchase Urea with it. Also, people don't believe CANN will ever really be accepted at dispensaries. Uro skyrocketed in price when people briefly believed it was real. The same will happen for CANN, but unlike Uro, it won't be some unfamiliar foreign entity with crappy websites and shady backers. Real people will be able to walk into the dispensaries, film themselves making a purchase and share it with the world. It will be eminently verifiable.
In my opinion, once the process is verified, the market will freak the fuck out and the price will skyrocket towards the peg. Until dispensaries get on board, this won't happen. Until there is proof, this won't happen. But if 10 big name dispensaries in the key states got behind this, took a position in CANN, and then verified the peg? They could make millions in a matter of months, weeks or days.
For the love of god, dispensary owners, get on this and lets all make some fucking money! You could take a million coin position for like $10,000 and there is a damn likely chance you could turn that into millions with one fucking YouTube video of you accepting CANN! Possibly within days!
It is essentially an opportunity unlike any I've ever seen.
GambletoWin is already selling them for 2 dollars per cann. The market exists already.
September 11, 2014, 08:52:13 PM
Man, this coin has the potential to go through the roof. If I were running a dispensary right now here is what I would do:
Step 1: Align with a collective of other dispensaries in CA, AZ, CO, and WA
Step 2: Buy 1 million CANN each
Step 3: Start accepting CANN at the peg. Film it, post it on YouTube, blast it on social media. Show proof of the CANN actually being accepted.
Step 4: Unload the CANN when it skyrockets to meet the peg.
Let's say a dispensary ends up with 50 customers a day buy 1 gram each with CANN (an estimate I would think is pretty high). At current value, that would mean that they are losing maybe $1,000 a day in revenue accepting something worth a penny for something they could get $20 for. In a year, they would lose $365,000 in potential revenue if the price stayed the same. But if the price raised to even $1, their loss over the year would reduce to $18,250 while the value of the CANN they held increased to a million dollars. It's a goddamned no-brainer.
So the question becomes, would the price rise? There has yet to be a successful asset-backed crypto. People don't believe Uro is real and that you can really purchase Urea with it. Also, people don't believe CANN will ever really be accepted at dispensaries. Uro skyrocketed in price when people briefly believed it was real. The same will happen for CANN, but unlike Uro, it won't be some unfamiliar foreign entity with crappy websites and shady backers. Real people will be able to walk into the dispensaries, film themselves making a purchase and share it with the world. It will be eminently verifiable.
In my opinion, once the process is verified, the market will freak the fuck out and the price will skyrocket towards the peg. Until dispensaries get on board, this won't happen. Until there is proof, this won't happen. But if 10 big name dispensaries in the key states got behind this, took a position in CANN, and then verified the peg? They could make millions in a matter of months, weeks or days.
For the love of god, dispensary owners, get on this and lets all make some fucking money! You could take a million coin position for like $10,000 and there is a damn likely chance you could turn that into millions with one fucking YouTube video of you accepting CANN! Possibly within days!
It is essentially an opportunity unlike any I've ever seen.
Step 1: Align with a collective of other dispensaries in CA, AZ, CO, and WA
Step 2: Buy 1 million CANN each
Step 3: Start accepting CANN at the peg. Film it, post it on YouTube, blast it on social media. Show proof of the CANN actually being accepted.
Step 4: Unload the CANN when it skyrockets to meet the peg.
Let's say a dispensary ends up with 50 customers a day buy 1 gram each with CANN (an estimate I would think is pretty high). At current value, that would mean that they are losing maybe $1,000 a day in revenue accepting something worth a penny for something they could get $20 for. In a year, they would lose $365,000 in potential revenue if the price stayed the same. But if the price raised to even $1, their loss over the year would reduce to $18,250 while the value of the CANN they held increased to a million dollars. It's a goddamned no-brainer.
So the question becomes, would the price rise? There has yet to be a successful asset-backed crypto. People don't believe Uro is real and that you can really purchase Urea with it. Also, people don't believe CANN will ever really be accepted at dispensaries. Uro skyrocketed in price when people briefly believed it was real. The same will happen for CANN, but unlike Uro, it won't be some unfamiliar foreign entity with crappy websites and shady backers. Real people will be able to walk into the dispensaries, film themselves making a purchase and share it with the world. It will be eminently verifiable.
In my opinion, once the process is verified, the market will freak the fuck out and the price will skyrocket towards the peg. Until dispensaries get on board, this won't happen. Until there is proof, this won't happen. But if 10 big name dispensaries in the key states got behind this, took a position in CANN, and then verified the peg? They could make millions in a matter of months, weeks or days.
For the love of god, dispensary owners, get on this and lets all make some fucking money! You could take a million coin position for like $10,000 and there is a damn likely chance you could turn that into millions with one fucking YouTube video of you accepting CANN! Possibly within days!
It is essentially an opportunity unlike any I've ever seen.
September 11, 2014, 05:38:54 PM
I said drop, not dump, but we'll see what happens to price. I like what is being done, no hateful words from me found here 
September 11, 2014, 05:02:22 PM
Price dropped a lot though, any updates coming?
Only by a small amount. Not a lot.
This is still the beginning for CANN.
Wasn't it a drop of about 500 satoshi? That constitutes a lot in my book, but it's fine. I'm not worried, I'm just wondering what is next for CANN that should get that price up. These rumors about the coin getting up to $6 are pretty empty unless there is legitimate reason to believe it will go up to that soon. Why? How? What's coming, is basically what I'm asking
and a dump of 400- 500 satoshi isn't a huge dump, it's normal market. Look at Halcyon, that is a dump
September 11, 2014, 05:00:24 PM
Price dropped a lot though, any updates coming?
Only by a small amount. Not a lot.
This is still the beginning for CANN.
Wasn't it a drop of about 500 satoshi? That constitutes a lot in my book, but it's fine. I'm not worried, I'm just wondering what is next for CANN that should get that price up. These rumors about the coin getting up to $6 are pretty empty unless there is legitimate reason to believe it will go up to that soon. Why? How? What's coming, is basically what I'm asking
why don't yur read the 3d? i repeat it last time : i called Herbal Wellnes in Phoenix Arizona and they said that they will accept cannabiscoin as a form of payment (ratio 1:1), first proven transaction = MOON
September 11, 2014, 04:30:21 PM
Price dropped a lot though, any updates coming?
Only by a small amount. Not a lot.
This is still the beginning for CANN.
Wasn't it a drop of about 500 satoshi? That constitutes a lot in my book, but it's fine. I'm not worried, I'm just wondering what is next for CANN that should get that price up. These rumors about the coin getting up to $6 are pretty empty unless there is legitimate reason to believe it will go up to that soon. Why? How? What's coming, is basically what I'm asking
September 11, 2014, 01:57:40 PM
Get this sub 2k CANN while you still can.
I know I am
September 11, 2014, 12:46:27 PM
Nice dump. Took out that dreaded wall of support.
But now what?
But now what?
Time to show buy support
Why would you want to show buy support when price is dropping? Let is drop down to 10 satoshi and buy it then!
hahahahahahahahahhahahahahahahahhahahahhahaha
September 11, 2014, 12:36:11 PM
Nice dump. Took out that dreaded wall of support.
But now what?
But now what?
Time to show buy support
Why would you want to show buy support when price is dropping? Let is drop down to 10 satoshi and buy it then!
September 11, 2014, 10:18:53 AM
Price dropped a lot though, any updates coming?
Only by a small amount. Not a lot.
This is still the beginning for CANN.
September 11, 2014, 09:19:00 AM
Price dropped a lot though, any updates coming?
September 11, 2014, 09:11:34 AM
I just wanna say congrats to all you folks that got into this coin earlier or even now, a lot of people do not even know the coin max went down. I feel we all will have some fun in the months to come.
September 11, 2014, 06:36:22 AM
Um.... Bittrex has been outpacing MintPal for MONTHS, now... in case you haven't been paying attention to overall volumes. But, you know.... a hack of their security and loss of coins (please, I already know the WHOLE VRC story) dropped MintPal's volume massively.
September 11, 2014, 03:46:01 AM
I Would also like to see Cann get added to another exchange. But to say Cann outgrew Bittrex is crazy... The top 2 coins on Bitrex alone have more 24 hour BTC volume then all the whole BTC market on Mintpal
normally Mintpal has way more volume than Bittrex, the top 2 coins stealth and litecoindark I don't see as serious or be around for long, they are drk clones for one. Mintpal's volume is down due to the recent drk selloff. my point is Bittrex hasn't been a big exchange like Mintpal, you get more of the smalltime traders there who dump when the price goes up 5%. anyway you might be right just my opinion
September 11, 2014, 02:06:54 AM
Reminder:
WE ARE HALVING IN FEW DAYS!
In how many blocks? BTW that's great, hoping it will boost the price as it should! WE ARE HALVING IN FEW DAYS!
Main thing I think CANN needs is to get to next exchange level e.g. Mintpal. We outgrew Bittrex already and need an exchange with more buy volume, Bittrex is great to get new coins off the ground, but too many dumpers there so as the price rises its harder to retain the buy support.
IMHO CANN should be getting to $5m-$10m market cap with where it is now with the unique approach on acceptance, successes in real-world takeup they have achieved and also block halving imminent, but Bittrex doesn't have enough BTC in the system or the mature traders to get to that level.
CANN is long a term investment for me, great to watch the team make progress, if anyone worried about why the price got knocked back a bit recently then don't be because this is early days for CANN, every great coin has this in its journey and CANN is certainly a great coin.
I Would also like to see Cann get added to another exchange. But to say Cann outgrew Bittrex is crazy... The top 2 coins on Bitrex alone have more 24 hour BTC volume then all the whole BTC market on Mintpal
September 11, 2014, 01:29:06 AM
The one thing i wonder , /as a small miner/ , is why there is so much net speed....i have 112 mh rig @X11 algo , just put it on suchpool to see what will show - it is 1200 coins/day ..........@ this price it is 0.022 BTC/day ......el.bill is 0.05 Everyone think about this fact
Everyone think about this fact yup. unlike day-traders, miners are smart & patient and they know a real team with a real plan when they see one compared to the 95% scam coins in the alt scene right now
September 11, 2014, 01:04:14 AM
Reminder:
WE ARE HALVING IN FEW DAYS!
In how many blocks? BTW that's great, hoping it will boost the price as it should! WE ARE HALVING IN FEW DAYS!
Main thing I think CANN needs is to get to next exchange level e.g. Mintpal. We outgrew Bittrex already and need an exchange with more buy volume, Bittrex is great to get new coins off the ground, but too many dumpers there so as the price rises its harder to retain the buy support.
IMHO CANN should be getting to $5m-$10m market cap with where it is now with the unique approach on acceptance, successes in real-world takeup they have achieved and also block halving imminent, but Bittrex doesn't have enough BTC in the system or the mature traders to get to that level.
CANN is long a term investment for me, great to watch the team make progress, if anyone worried about why the price got knocked back a bit recently then don't be because this is early days for CANN, every great coin has this in its journey and CANN is certainly a great coin.
September 10, 2014, 11:32:31 PM
Yes, dispensaries have their own limits on how much each person can buy daily, (usually 1 oz or something like that), but separate from that is a 1-3 gram limit per person on how much can be purchased with CANN.
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