Next base of support likely ~2500 satoshis
Topic: CannabisCoin [CANN][X11][Official] Developments & Discussions - page 142. (Read 706488 times)
CannabisCoin dump redux...
Next base of support likely ~2500 satoshis
Next base of support likely ~2500 satoshis
From what I have read, Ty Doan the founder of CannabisCoin is growing a lot of Cannabis for Herbal Wellness Center in Phoenix Arizona and is building connections to market CANN in Colorado, Nevada, and Arizona
Alright! That is something I can work with
Do you remember where you read that? Maybe I am just blind, but I cant find any usefull information about this in the OP. I can see some announcements, but no links to a "roadmap" regarding this matter.That's the basic gist of what I've found through the twitter feed and occasionally checking this thread: https://twitter.com/cannabiscoins
From what I have read, Ty Doan the founder of CannabisCoin is growing a lot of Cannabis for Herbal Wellness Center in Phoenix Arizona and is building connections to market CANN in Colorado, Nevada, and Arizona
Alright! That is something I can work with
Do you remember where you read that? Maybe I am just blind, but I cant find any usefull information about this in the OP. I can see some announcements, but no links to a "roadmap" regarding this matter. Alright.. I have been thinking a lot about this recently...
What is the main "magnet" for people to buy CANN?
1 CANN for 1 gram of marijuana is not realistic! Even if the dev is growing his canndy.. I doubt he is growing millions of grams! In a dutch coffeeshop a good quality weed already costs you about ~8-9 euro
This is not meant as fud, but purely interest! I am a well known figure in a few regions in the netherlands, cannabis related of course
I cant see this happening.. I really cant. Why would someone sell his weed for 1 cann? if he can sell it on the streets for at least 5$ a gram 
It doesnt make any sense to me at all! I also spoke to a few coffeeshop owners if they are willing to accept CANN or BTC as payment. They all answered no. Because they will lose money on it, since its cryptomarkets. And not 1 coin has a stable value. I told them later on in the conversation there are multiple auto exchange platforms available, but that would mean interference from other companys to do the trading. Marijuana related "companys" dont like interference At least not where I come from
I do hold a small stake in cann. I have around 30K atm. Please give me good reason to stock up more, besides the "upcoming 420 pump"
Thank you,
Banzai
What is the main "magnet" for people to buy CANN?
1 CANN for 1 gram of marijuana is not realistic! Even if the dev is growing his canndy.. I doubt he is growing millions of grams! In a dutch coffeeshop a good quality weed already costs you about ~8-9 euro
This is not meant as fud, but purely interest! I am a well known figure in a few regions in the netherlands, cannabis related of course
I cant see this happening.. I really cant. Why would someone sell his weed for 1 cann? if he can sell it on the streets for at least 5$ a gram It doesnt make any sense to me at all! I also spoke to a few coffeeshop owners if they are willing to accept CANN or BTC as payment. They all answered no. Because they will lose money on it, since its cryptomarkets. And not 1 coin has a stable value. I told them later on in the conversation there are multiple auto exchange platforms available, but that would mean interference from other companys to do the trading. Marijuana related "companys" dont like interference At least not where I come from I do hold a small stake in cann. I have around 30K atm. Please give me good reason to stock up more, besides the "upcoming 420 pump"
Thank you,
Banzai
My understanding is that the situation in the USA versus Europe/Netherlands is quite different.
https://www.whitehouse.gov/ondcp/state-laws-related-to-marijuana
Because sale of marijuana is not legalized under federal law, the banks are often unwilling to harbour bank-accounts for the different dispensaries, shuting them down or freezing them since they do not want to be assosiated with federal illegal crime. However, if the dispensaries take payment in CANN, they can then sell it for BTC or $ on exchanges which are then transferred to the bank providing a loophole. After all, it's dificult to thrive as a business today if you can't have a bank-account. If Cann can establish itself as the payment and weed of choice through this loophole the potential is rich.
My 2 sat.
Thank you for your reply
There is indeed a big difference.. However... the sale of marijuana is not legal at all in the Netherlands, it is "tolerated". So a few coffeeshops have the same problem with banking You cant explain all that money just by selling cups of coffee and tea right? 
Thank you for sharing your vision, I understand what you mean.
It still did not solve any question marks I have around the "canndy" sale (nice name for a strain btw! good choice
)From what I have read, Ty Doan the founder of CannabisCoin is growing a lot of Cannabis for Herbal Wellness Center in Phoenix Arizona and is building connections to market CANN in Colorado, Nevada, and Arizona
There is nothing illegal about transacting in Bitcoin or CannabisCoin in the United States, or any other cryptocurrency for that matter. Can you sell products in CannabisCoin? Absolutely, you just need to pay taxes and follow the laws.
Alright.. I have been thinking a lot about this recently...
What is the main "magnet" for people to buy CANN?
1 CANN for 1 gram of marijuana is not realistic! Even if the dev is growing his canndy.. I doubt he is growing millions of grams! In a dutch coffeeshop a good quality weed already costs you about ~8-9 euro
This is not meant as fud, but purely interest! I am a well known figure in a few regions in the netherlands, cannabis related of course I cant see this happening.. I really cant. Why would someone sell his weed for 1 cann? if he can sell it on the streets for at least 5$ a gram It doesnt make any sense to me at all! I also spoke to a few coffeeshop owners if they are willing to accept CANN or BTC as payment. They all answered no. Because they will lose money on it, since its cryptomarkets. And not 1 coin has a stable value. I told them later on in the conversation there are multiple auto exchange platforms available, but that would mean interference from other companys to do the trading. Marijuana related "companys" dont like interference At least not where I come from
I do hold a small stake in cann. I have around 30K atm. Please give me good reason to stock up more, besides the "upcoming 420 pump"
Thank you,
Banzai
What is the main "magnet" for people to buy CANN?
1 CANN for 1 gram of marijuana is not realistic! Even if the dev is growing his canndy.. I doubt he is growing millions of grams! In a dutch coffeeshop a good quality weed already costs you about ~8-9 euro
This is not meant as fud, but purely interest! I am a well known figure in a few regions in the netherlands, cannabis related of course
I cant see this happening.. I really cant. Why would someone sell his weed for 1 cann? if he can sell it on the streets for at least 5$ a gram It doesnt make any sense to me at all! I also spoke to a few coffeeshop owners if they are willing to accept CANN or BTC as payment. They all answered no. Because they will lose money on it, since its cryptomarkets. And not 1 coin has a stable value. I told them later on in the conversation there are multiple auto exchange platforms available, but that would mean interference from other companys to do the trading. Marijuana related "companys" dont like interference At least not where I come from I do hold a small stake in cann. I have around 30K atm. Please give me good reason to stock up more, besides the "upcoming 420 pump"
Thank you,
Banzai
My understanding is that the situation in the USA versus Europe/Netherlands is quite different.
https://www.whitehouse.gov/ondcp/state-laws-related-to-marijuana
Because sale of marijuana is not legalized under federal law, the banks are often unwilling to harbour bank-accounts for the different dispensaries, shuting them down or freezing them since they do not want to be assosiated with federal illegal crime. However, if the dispensaries take payment in CANN, they can then sell it for BTC or $ on exchanges which are then transferred to the bank providing a loophole. After all, it's dificult to thrive as a business today if you can't have a bank-account. If Cann can establish itself as the payment and weed of choice through this loophole the potential is rich.
My 2 sat.
Thank you for your reply
There is indeed a big difference.. However... the sale of marijuana is not legal at all in the Netherlands, it is "tolerated". So a few coffeeshops have the same problem with banking You cant explain all that money just by selling cups of coffee and tea right? Thank you for sharing your vision, I understand what you mean.
It still did not solve any question marks I have around the "canndy" sale (nice name for a strain btw! good choice
) Here comes dump #2
LOL.
LOL.
Common BTC wallet... sync already!!!
Here comes dump #2
LOL.
LOL.
CANN is headed back to ~2700
anyway I wait for next dump.
I have not sold still and not going yet )) Let's even lower! I buy more!, and then it goes up..
Meanwhile some of us predicted (without much trouble) more or less exactly what was going to happen, sold high, bought back low and got an extra 100 k CANN for free
and back to 3k 
nice dump 2M cann-s 
l hope its not over
l hope its not over
back to 1000sat
Does anyone know who this 2.4M CANN wallet belongs to ?
https://chainz.cryptoid.info/cann/address.dws?CVfAFF6UzaR8z4zE3aQLerCmQSLnxvrFm9.htm
I was hacked/RAT'd for 3200 CANN and they ended up there after the thief empied his/her Bittrex account.
https://chainz.cryptoid.info/cann/address.dws?CTSFTDzKSonarDJgpuRxukPrECXrby1eSe.htm
https://chainz.cryptoid.info/cann/address.dws?CVfAFF6UzaR8z4zE3aQLerCmQSLnxvrFm9.htm
I was hacked/RAT'd for 3200 CANN and they ended up there after the thief empied his/her Bittrex account.
https://chainz.cryptoid.info/cann/address.dws?CTSFTDzKSonarDJgpuRxukPrECXrby1eSe.htm
That's F'N weird dude. That address has mined inputs as well.
Too many rogue addresses with millions of coins
Does anyone know who this 2.4M CANN wallet belongs to ?
https://chainz.cryptoid.info/cann/address.dws?CVfAFF6UzaR8z4zE3aQLerCmQSLnxvrFm9.htm
I was hacked/RAT'd for 3200 CANN and they ended up there after the thief empied his/her Bittrex account.
https://chainz.cryptoid.info/cann/address.dws?CTSFTDzKSonarDJgpuRxukPrECXrby1eSe.htm
https://chainz.cryptoid.info/cann/address.dws?CVfAFF6UzaR8z4zE3aQLerCmQSLnxvrFm9.htm
I was hacked/RAT'd for 3200 CANN and they ended up there after the thief empied his/her Bittrex account.
https://chainz.cryptoid.info/cann/address.dws?CTSFTDzKSonarDJgpuRxukPrECXrby1eSe.htm
Whales are trying to scare small traders with high volume sells, they didn't get enough at recent dump. I predict that trades are not over for CANN. Probably another peak at 3k expected.
maybe, maybe not.
there's only 5 BTC of buy support to 1600 satoshis. Anymore big dumps and we will probably see the price back down to ~1500 sats
that makes two of us
3 of us
Whales are trying to scare small traders with high volume sells, they didn't get enough at recent dump. I predict that trades are not over for CANN. Probably another peak at 3k expected.
maybe, maybe not.
there's only 5 BTC of buy support to 1600 satoshis. Anymore big dumps and we will probably see the price back down to ~1500 sats
that makes two of us
Oh how I'm tired of these blends.... My opinion is that if you wanted to sell, would sell for a little bit, as did 4-5 days ago. It was clear that hoarding BTC when you sell 4-3 with kSat, then a sharp influx CANN for fever market down. So why do you ask? And I answer to accumulate BTC upstairs and buy more CANN downstairs, hoping for a massive dump.. I have not sold still and not going yet )) Let's even lower! I buy more!, and then it goes up..
Jump to: