Topic: [ANN][THC] The Hempcoin (THC) - page 36. (Read 389223 times)

How does this coin compare to Potcoin and Dopecoin? Pros/cons? Long hodler both of those and am considering adding THC to my portfolio.

Bummer there's no Mac wallet

I have been doing some research on the hemp market and have some questions as to why someone would use this coin for trading hemp or hemp related products? 

I get there can be problems for hemp producers working with banks, but if the hemp market explodes I think the banks will very quickly get the govt to resolve any problems.  Leaving that aside here is why I am not sure why this currency will work.

1). Assuming people use crypto to buy and sell hemp why not just use better known coins such as BTC, ETH, LTC,  etc?  Yes,I know fees and speed are an issue with BTC but not LTC.   

2) Let's assume the hemp community decide to use a branded coin such as THC how will that work?  IF I am the consumer - buying the hemp products - I would have to change my $100 cash to X coin and pay fees.  Wait for coin to show up and transfer it to Y exhange where I use it to buy THC and again pay fees.   Even if I can do all this in split second speed between the fees and market volatility my $100 might now only be $90, and if my original purchase was for $1,000 then I might now only have $900.  So I have lost money.  Sure the trade could go the other way and my $1000 could be $1050, but as a consumer I am not looking to trade I am looking to buy a product, andI am not going to use a method that requires multiple steps to transact and potentially eats my initial cash deposit.  I would really love to hear what everyone else thinks about this.

3). When researching I also looked at the companies such as Posabit that has coins ATM's in cannabis shops.  I just don't get the business model.  As a consumer I walk into a CS and instead of buying using my $100 in cash, I put the money in their machine.  They take 2%, which means I already lost money, but also they need to give me enough coin as to get as close to my $100.  Assuming for some strange reason I decide giving the machine 2% is far easier than just handing the money to the cashier  .  We know the price of coins change every second and there can be quite big spreads between the exchanges - if the machine gives me more or less $100 in coins regardless of fluctuation then isn't the company, Posabit, risking huge losses as they are dispensing coins to me higher than the going rate?  If they jack up the price of the coins at the ATM to mitigate this risk, so my $100 is now only $90 in BTC, why would anyone use it?

Love to hear everyone thoughts.  As I said I have been doing research in the hemp space, and love the potential just don't see how a coin can facilitate trade.  Yes, small trades here and there, but more mass adoption?  I don't see how given how the market currently works.

I have my THC on coinomi since 1 month and never have a problem. You have your private key to and wallets update for the fork (for my EMC2 coin, wallet was update 3 weeks before the fork without problems).

Thanks Joint,

The wallet has been open for a week now and just seems stuck whenever it gets to block 1774970.

I hope Hempcoin decides to upgrade their wallet in January, it's one of the worst wallets i've used.

If you keep coins on coinomi are they safe and do you get coins if theres a fork?

You have the private keys so you have your coins. There's a way to export your private keys, without being synced, and use coinomi to move coins so no need to worry. Have you tried leaving the wallet on over night syncing?

Hello
Block Qin can be loaded for currency until synchronization is done

Ah ****,

The wallet got to 90% again and stopped.

I was looking at other coin wallets and they say *** IMPORTANT! DO NOT SEND ANY COINS TO YOUR DESKTOP WALLET UNTIL SYNCING PROCESS IS COMPLETE ***

Does this mean there's a chance of coins not appearing ever?

^^^^^^^^^^^^

You know hempcoin is doing well when the spammers of other coins show up on the thread.

HempCoin mentioned in CNBC today:
https://twitter.com/jessecouch/status/941934508248461312

retweet that & like it to get more exposure.

Ok guys, what about your plans? When and what do you planning to do?

Just so everyone knows, HempCoin's reddit link on the first page of this thread has a lot more activity concerning upcoming events. 

Guys is there no any information about team and white paper ?

I use CryptoChainer - https://cryptochainer.com/dir/?page_id=881

Im eagerly awaiting the information about masternodes and new developments and the fork... Bought enough for a masternode... Downloaded wallet... maybe in a week or so ill finally be synchronized.

Is there a damn bootstrap anywhere for this? LOL

Does anyone know of any active mining pools for THC?
TIA

Thanks Groggin

 
 right click on a blank area inside the .../roaming/hempcoin folder, click new text document

name it hempcoin.conf, (delete any '.txt') (again, confirm you saved as 'hempcoin.conf' and not 'hempcoin.conf.txt')

click to open the file, nodes can be added like this:

addnode=192.168.1.1:5780
addnode= ....                       

I thought I was the only one that this was happening too. I sent coins from bittrex and got the exact same problem.

I'm currently re-dowloading the wallet blockchains from scratch. I deleted the blockchain in the %appdata% hempcoin file i think the folder was called tx but make sure not to delete anything else and always a good idea to backup your wallet first.

The blocks are still a year behind right now as I download atm and will let you know if my coins appear in the wallet that I sent


How do you add extra nodes? i don't have a hemp.conf in my wallet folder

You could try closing the app and re-opening it. You could try restarting the computer. Sometimes that fixes the problem. I've seen this happen with other altcoin wallets.

Another thing you might try is adding more nodes:
addnode=138.201.39.53
addnode=115.236.88.86
addnode=173.27.139.1
addnode=78.147.235.65
addnode=69.146.146.48
addnode=68.113.17.157
addnode=104.34.40.12
addnode=217.182.71.132
addnode=174.2.74.194
addnode=176.182.186.167
addnode=184.169.126.128
addnode=100.38.119.24
addnode=81.105.209.171
addnode=76.170.129.93
addnode=75.131.146.153
addnode=24.237.99.86
addnode=68.189.62.31
addnode=86.23.47.57
addnode=86.41.87.140
addnode=86.0.244.54
addnode=47.89.45.168

I got those off of https://www.blockexperts.com/thc * clicking "peers".

Hi, I've been watching my Hempcoin wallet stay "out of sync" for about a week now.
It appeared as if it fully synced all of the blockchains, then just sat there, with no downloading of blockchains still saying "out of sync" next to the word "Wallet"

Then, it randomly syncs additional blockchains at some point during the day. Then completes that, and still says "out of sync".
I've never had any of my other wallets do this after completely syncing.

Of course I know that as the minutes, hours progress every wallet
keeps up with its blockchain and syncs. But it seems Hempcoin doesn't really fully sync ever.

I would like to move my Hempcoin off of the exchange and stake it.
I sent 1 Hempcoin to my wallet, but the wallet of course never received since it is "out of sync".
 I get that it needs to completely sync in order to receive coins, but I just thought maybe the "out of sync" is just a glitch and it was really synced.
But apparently it is not ever synced.
 Do I need to delete some files in the Hempcoin folder in order for it to completely sync?