Prediction- whenever the peg is announced, and no matter what it's set at, massive dumping of CANN will follow in the markets.
Because that's just how crypto works.
Because that's just how crypto works.
No that's because all the other pegged coins don't actually have the backing!!! Like bank coin!!!
Cann you cam actually go to the store and get a gram of bud!!! That's 20 dollars worth!!
The peg will most likely will be 1 cann = 1 gram!!! That makes 1 Cann worth 20 dollars!!!
Why would people sell something that they can take and get 20 dollars worth of bud for a penny!!!?? Doesn't make any sense to me!! I'm sure someone will love you though for giving them a 100 grams = 2000 USD for one dollar!! But that's on you!! I'm getting bud with mine then selling each gram for 20!!!
He'll I could sell them for 10 dollars a gram and move it really fast that way and make hella money off you guys selling for 2k sat =.013 cents!!! Lol 100 cann will make me a 1000 dollars!!
Umm...you are kinda new at this huh? It's simple really, coins are traded on exchanges where not everyone gets blazed. Where people trade coins to make a PROFIT, it does not matter to them that you can go buy bud for CANN. I think they are also talking about limiting how much CANNdy strains you can buy with CANN on each visit to the pot shop.
Understand now? Hope so...and as far as that idiot saying people will dump...yeah that was pretty stupid too. Price will rise, profits WILL be taken. Know this and you will go far in crypto. Expect a coin to do nothing but raise in value.....become a bag holder. Simple stuff guys.
Cann will go up in Value. Realistially 200k sats is achievable, but not overnight
It's true it won't happen overnight but it will climb higher eventually. This is a usable currency now, and as sales volume increases the coin will get bought and sold more frequently. This isn't your typical crypto.
Yeah not everyone gets blazed but the people that do will buy the cann so they can get a discount at the store!! You guys selling at a penny will just give them a even bigger discount!!? Understand!? Plus either way I'll be selling mine for 10 dollars a Cann out front of the store!! 1 person can get 3 grams a day!! I ask people walking in to get me 3 grams with 3 cann coin!! They keep one gram for themselves and give me the 2 grams back to me!! Then I'll sell my grams for 20 dollars to my friends and family!!! I get a 100 people a day to do that for me then I'll make 40,000 USD!!! Then ill go buy the cann you losers are selling for a penny and do all over again!!!
And there you have your lesson in stoner economics for the day!
