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Topic: CannabisCoin [CANN][X11][Official] Developments & Discussions - page 145. (Read 706488 times)

legendary
Activity: 1680
Merit: 1003
Well, That's Crypto :-\
lol @cryptojohn your activity is 420

I SAW this and LOL'd!  Grin

Smiley I was like "who's he been talking too?"

Got my coins  Cool thxs
legendary
Activity: 1680
Merit: 1003
Well, That's Crypto :-\
This has been argued to death and the fact remains CANN will be accepted for more than just fucking marijuana.

Don't waste your keystrokes corather.
You can't argue with noob account simpletons.
I wonder if there is enough gold behind the US dollar. Rhetorical, there isn't.

nice just scooped up another 10k below 3k

Nice! Now just sit on them and don't get weak hands.

And remember, never sell on the weekend.

All will end well.
full member
Activity: 225
Merit: 100
nice just scooped up another 10k below 3k
legendary
Activity: 1708
Merit: 1000
Solarcoin.org

From an asset backed standpoint there would have to be over 200,000 lbs of CANNdy at all times. 
1 CANN = 1 gram of CANNdy
92,000,000 CANN = 92,000,000 grams of CANNdy = 205357 lbs. of CANNDY

From a reality standpoint at the most, if every dispensary in Arizona and Colorado accepted CANN there would still be less than 10% of the coins being used.
9200000 (10%) = 2054 lbs available for all facilities 30 dispensaries = 68.5lbs in each 

1 Cann = $10

2054lbs = 920192 grams

$9201920 = 41827 (BTC = $220) = 0.00045460sats with 92,000,000 coins in circulation

The less coins on the market for trade the higher the price.


This has been argued to death and the fact remains CANN will be accepted for more than just fucking marijuana.
newbie
Activity: 26
Merit: 0

From an asset backed standpoint there would have to be over 200,000 lbs of CANNdy at all times. 
1 CANN = 1 gram of CANNdy
92,000,000 CANN = 92,000,000 grams of CANNdy = 205357 lbs. of CANNDY

From a reality standpoint at the most, if every dispensary in Arizona and Colorado accepted CANN there would still be less than 10% of the coins being used.
9200000 (10%) = 2054 lbs available for all facilities 30 dispensaries = 68.5lbs in each 

1 Cann = $10

2054lbs = 920192 grams

$9201920 = 41827 (BTC = $220) = 0.00045460sats with 92,000,000 coins in circulation

The less coins on the market for trade the higher the price.
legendary
Activity: 1512
Merit: 1000
The Dude Of DopeCoin
lol @cryptojohn your activity is 420

I SAW this and LOL'd!  Grin
legendary
Activity: 1680
Merit: 1003
Well, That's Crypto :-\
lol @cryptojohn your activity is 420

Let me quote a wise man "AUDENTES FORTUNA JUVAT"



hero member
Activity: 532
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
lol @cryptojohn your activity is 420
legendary
Activity: 1680
Merit: 1003
Well, That's Crypto :-\
Pump or dump either way its a win if price flatlines I'll just go to arizona and get some Canndy so I can blaze and forget about the market lol
Anytime you can buy something for less than 1 penny and literally use it to purchase something worth $10, you got your self a deal.

CANN right now is less than $0.0065 each
hero member
Activity: 532
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
Pump or dump either way its a win if price flatlines I'll just go to arizona and get some Canndy so I can blaze and forget about the market lol
legendary
Activity: 1680
Merit: 1003
Well, That's Crypto :-\
hahaha, all of a sudden the sellers have backed off. Classic!

Buy that shit to 2900 sats and take all their CANN
legendary
Activity: 1680
Merit: 1003
Well, That's Crypto :-\
Yeah a good shakeout looks needed. So many lining up to sell which is why this coin wouldn't pump to begin with. Get the weak ones out and then we can start climbing again.
panic buying begins tomorrow night, make a quick 30% on todays buys

D9 just tweeted yesterday about Colorado, maybe a surprise announcement on 4/20 regarding expansion.
member
Activity: 69
Merit: 10
Yeah a good shakeout looks needed. So many lining up to sell which is why this coin wouldn't pump to begin with. Get the weak ones out and then we can start climbing again.
legendary
Activity: 1680
Merit: 1003
Well, That's Crypto :-\
shhh, let them dump. I love this shit, amazing that ppl are selling but let them.

weekend sellers are not to bright anyway.

Take as many as you can from these sellers, just snatch them away from them.
sr. member
Activity: 560
Merit: 250
Waiting my bittrex btc deposit clear to buy more in this dip Smiley
member
Activity: 69
Merit: 10
Price is being manipulated lower and the suckers are falling for it. Look at the fake walls. Nobody that has a decent size amount of btc sells that much at one time. They know better and sell in small amounts. Don't be fools. 4/20 is 2 days away.
hero member
Activity: 490
Merit: 500
I do not understand what you're arguing here !? I sold a week ago and now I sit quietly and watch  Grin Grin Grin

legendary
Activity: 924
Merit: 1000
Bitfarms.io
Beware of fudsters, there is a #CANN user that is clearly trying to fud us.


In case you see a guy named @BranzigGracerX fudding us up on twitter, please read this a bit:

So the user contacted MRR support, claiming he got no coins. This was clearly wrong, as you can see in the following pictures. The user told MRR he would NOT contact us, and he didn't but instead took this on twitter while being in the wrong. He claims after we retweeted his status about $CANN that we stopped paying him. Obviously he has no clue how mining works and how block % average works, anyways in any case here are the proofs that he was mining, he found blocks AND got paid.

So you can see the guy mined a few blocks right.. common sense would be for him to e-mail us if he has an issue:


And then, here you can see he got paid for whatever he mined for that period of time:


Thanks for checking this out, trying to repel the FUD as it initiates.

SuchPool Admins
[email protected] <<<- USE IT, if you have issues. Don't go apeshit on twitter with false scam accusations, just come see us Smiley

legendary
Activity: 1193
Merit: 1000
Peaky Blinder
Hello

Has CANN had any legal consultation? So far I see this just as an alternate medium of exchange to Bitcoin and nothing more. I am not trying to be aggressive, just inquisitive. How is it any different?



that is perhaps the most legitimate question one can ask of any of the 1000s of alt-coins.

Don't quote me word-for-word, but in a nutshell, the differentiating factor of this coin is less about the coin itself and more about the YES WE CANN movement.  

The Dev, Delta9, is doing what he can to have CANN "asset-backed," so to speak, in order to provide quality cannabis meds to those who can't otherwise afford it.  

He's got his own licensed grow sites growing the CANNdy strain that will be donated to the YES WE CANN movement and has been teaming up with other growers/partners willing to participate in the movement by growing and donating portions of their yields that will also be distributed to those dispensaries who join the movement and agree to sell cannabis from the donated yields at 1 CANN for 1 GRAM.

One dispensary in AZ is already participating and there will be others.


You're right that this is a legitimate question however, I believe the real question should be whether or not there is any security backing this "asset" here.  The problem with any asset backed crypto currency today is there is no accountability, security or physical reserve available to back what is being told to the public.

Do we have any security that the gardens in fact belong to the dev and not an alternative group ie. do these gardens belong to herbal choice wellness and not CANN?  When and if the team will ever provide any details that this is legitimately backed by providing a valid licensee, regulation and proper security that an asset actually exists and is redeemable then I would consider this a legitimate coin with a legitimate "asset" to back it. Until some form of transparency and security is provided to the community this coin will continue to serve as purely a speculation whether or not an asset actually exists and can sustain the movement.  

Let me remind you, to date there has been no accountability for a CANN harvest and there has been no accountability for the gardens other then via "word" of mouth by the developer. This is the same sort of pipe dream sold by the URO team as a asset backed currency, when and if the CANN team will provide actual transparency and legitimate proof of asset by providing security only then I would and could I consider this a viable coin and not a prime target for pump and dump groups.


Do you rally have to creat a new account to write this?
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