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Topic: CannabisCoin [CANN][X11][Official] Developments & Discussions - page 285. (Read 706517 times)

sr. member
Activity: 336
Merit: 250
Hi guys,

I’m pretty new to this world so apologies for my ignorance. I heard about Cannabis Coin on Twitter and after reading through the threads I decided to buy yesterday.

I went through the lengthy process of buying a Bitcoin and used Bittrex to buy 7000 CANN.
The price today has fallen dramatically, and it looks like from what I’ve read, I’m a victim of a pump and dump?

I don’t understand any of this, nor do I wish to, I just hate that I’ve been manipulated. Is this what Crypto currency is about then? Rather Sad.

didnt you buy it to get some weed.. now yur just greedy  Grin

I'm in Europe, thought something like this could eventually spread to Amsterdam, so yes, I did buy for weed but didn't expect the money I invested to disappear

it disappears only if you sell.  Wink

You sell you lose and manipulators win...they sell it later for more price. Don't give in.

Hold it.
congratulations you bought yourself a *+-70000$ worth of weed             *1CANN=1g canndy =+-10$ per g
full member
Activity: 130
Merit: 100
For the Newbies in Crypto, here's some interesting explanations

http://en.wikipedia.org/wiki/Troll_(Internet)

http://de.wikipedia.org/wiki/Fear,_Uncertainty_and_Doubt

I'm in crypto for about 3 months now and i too bought 200k and now got burned, for the time. but why would i give the whales my coins at these price? It will go up anyway, so i'll hold.

You should do so too. Otherwise you will lose even more.
newbie
Activity: 13
Merit: 0
Hi guys,

I’m pretty new to this world so apologies for my ignorance. I heard about Cannabis Coin on Twitter and after reading through the threads I decided to buy yesterday.

I went through the lengthy process of buying a Bitcoin and used Bittrex to buy 7000 CANN.
The price today has fallen dramatically, and it looks like from what I’ve read, I’m a victim of a pump and dump?

I don’t understand any of this, nor do I wish to, I just hate that I’ve been manipulated. Is this what Crypto currency is about then? Rather Sad.


Clasically a pump and dump is when a large holder(or rich manipulator) drives up the price of a coin by buying large amounts. Once the price takes off a little they sell their holdings at a profit and drive the price down. Some may accumulate more from the wreckage, others may keep the profits and move on.

This is irrelevant for CANN and here is why...

Cryptocurrency have fallen prey to it in the past because they have no backing, no true, intrinsic value. PnD's only work in a limited market such as isolated cryptos, if you bring in enough 'outside money' such as from cannabis related VC's then the whales won't be able to do a thing.

Commodity backed currencies are new and just figuring out how they work, our society is so divorced from 'backed' money that most people don't even understand it. Back in the day money used to be nothing more than receipts/vouchers for gold, now we can make our own money and use a consumable commodity which in many was is actually better.

Most people on this thread do not really grasp the finer points of the legal marijuana trade or how backed currencies function. Sure when you back your currency with X amount of gold you need to have that same x amount gold held. If you back it with a consumable product you just need to be able to keep up with demand which at the moment is fairly low. Stoners are creative and will do anything for cheaper bud, CANN will inevitably rise through people buying in with outside money(IE not 'whales') and many people hodling. People were hoping to make huge profits overnight but that was fairly unreasonable anyway.

The fact is that 1 Cann = 1g of bud, given a long enough time frame the value will rise.

Personally I think this is the time to get some donations to med patients set up, some sort of CANN fund. Imagine being able to say that you donated KILOS to poor med patients. That will not be possible in a few months or years.

Psilent
I agree and thank it's a good idea I just am not financially able to but would love to help in any way I can.
full member
Activity: 191
Merit: 100
I dont mind the pain
Hi guys,

I’m pretty new to this world so apologies for my ignorance. I heard about Cannabis Coin on Twitter and after reading through the threads I decided to buy yesterday.

I went through the lengthy process of buying a Bitcoin and used Bittrex to buy 7000 CANN.
The price today has fallen dramatically, and it looks like from what I’ve read, I’m a victim of a pump and dump?

I don’t understand any of this, nor do I wish to, I just hate that I’ve been manipulated. Is this what Crypto currency is about then? Rather Sad.


Hold and dont worry... just hold, this happen always in the IPO's and these was the CANN IPO.

I can see in the picture "Harvest dark". Somebody knows if is darkstar strain marijuana?
hero member
Activity: 714
Merit: 500
Hi guys,

I’m pretty new to this world so apologies for my ignorance. I heard about Cannabis Coin on Twitter and after reading through the threads I decided to buy yesterday.

I went through the lengthy process of buying a Bitcoin and used Bittrex to buy 7000 CANN.
The price today has fallen dramatically, and it looks like from what I’ve read, I’m a victim of a pump and dump?

I don’t understand any of this, nor do I wish to, I just hate that I’ve been manipulated. Is this what Crypto currency is about then? Rather Sad.

didnt you buy it to get some weed.. now yur just greedy  Grin

I'm in Europe, thought something like this could eventually spread to Amsterdam, so yes, I did buy for weed but didn't expect the money I invested to disappear

The money the cryptopirates took from you are definitely being exchanged for drugs and hookers as we speak. Do not worrie, you still get to keep all 7000 of your fancy tokens Smiley
hero member
Activity: 1540
Merit: 500
Hi guys,

I’m pretty new to this world so apologies for my ignorance. I heard about Cannabis Coin on Twitter and after reading through the threads I decided to buy yesterday.

I went through the lengthy process of buying a Bitcoin and used Bittrex to buy 7000 CANN.
The price today has fallen dramatically, and it looks like from what I’ve read, I’m a victim of a pump and dump?

I don’t understand any of this, nor do I wish to, I just hate that I’ve been manipulated. Is this what Crypto currency is about then? Rather Sad.

didnt you buy it to get some weed.. now yur just greedy  Grin

I'm in Europe, thought something like this could eventually spread to Amsterdam, so yes, I did buy for weed but didn't expect the money I invested to disappear

it disappears only if you sell.  Wink

You sell you lose and manipulators win...they sell it later for more price. Don't give in.

Hold it.
newbie
Activity: 16
Merit: 0
Hi guys,

I’m pretty new to this world so apologies for my ignorance. I heard about Cannabis Coin on Twitter and after reading through the threads I decided to buy yesterday.

I went through the lengthy process of buying a Bitcoin and used Bittrex to buy 7000 CANN.
The price today has fallen dramatically, and it looks like from what I’ve read, I’m a victim of a pump and dump?

I don’t understand any of this, nor do I wish to, I just hate that I’ve been manipulated. Is this what Crypto currency is about then? Rather Sad.


Clasically a pump and dump is when a large holder(or rich manipulator) drives up the price of a coin by buying large amounts. Once the price takes off a little they sell their holdings at a profit and drive the price down. Some may accumulate more from the wreckage, others may keep the profits and move on.

This is irrelevant for CANN and here is why...

Cryptocurrency have fallen prey to it in the past because they have no backing, no true, intrinsic value. PnD's only work in a limited market such as isolated cryptos, if you bring in enough 'outside money' such as from cannabis related VC's then the whales won't be able to do a thing.

Commodity backed currencies are new and just figuring out how they work, our society is so divorced from 'backed' money that most people don't even understand it. Back in the day money used to be nothing more than receipts/vouchers for gold, now we can make our own money and use a consumable commodity which in many was is actually better.

Most people on this thread do not really grasp the finer points of the legal marijuana trade or how backed currencies function. Sure when you back your currency with X amount of gold you need to have that same x amount gold held. If you back it with a consumable product you just need to be able to keep up with demand which at the moment is fairly low. Stoners are creative and will do anything for cheaper bud, CANN will inevitably rise through people buying in with outside money(IE not 'whales') and many people hodling. People were hoping to make huge profits overnight but that was fairly unreasonable anyway.

The fact is that 1 Cann = 1g of bud, given a long enough time frame the value will rise.

Personally I think this is the time to get some donations to med patients set up, some sort of CANN fund. Imagine being able to say that you donated KILOS to poor med patients. That will not be possible in a few months or years.

Psilent


Edit: If you are new to crypto you probably also need to know that we have some of the most creative and diverse trolls, don't believe anything you see or read that could possibly have an agenda. Just be nice and ignore all the horrible, vindictive people that lurk around.
hero member
Activity: 644
Merit: 500
Hi guys,

I’m pretty new to this world so apologies for my ignorance. I heard about Cannabis Coin on Twitter and after reading through the threads I decided to buy yesterday.

I went through the lengthy process of buying a Bitcoin and used Bittrex to buy 7000 CANN.
The price today has fallen dramatically, and it looks like from what I’ve read, I’m a victim of a pump and dump?

I don’t understand any of this, nor do I wish to, I just hate that I’ve been manipulated. Is this what Crypto currency is about then? Rather Sad.


Hey!

No dont worry, 3 weeks ago it was much, much much lower. The price now is good and will only get higher again.

If u look over 1-2 months the price will only be higher. Ur a victim of nothing, ur still luck with the low price u payed.

pump and dump is always at the begin after the great news. After that the coin and customers will do the rest of the work what means the price will rise again.

Dont forget yesterday / monday the 20th is the first day this coin get launched in the real world. From yesterday/today customers from the shop will buy this coin to get there cannabis. That means the price will only get higher, but at a natural way.

The reason it get lower ( REMEMBER ITS NOT LOW NOW! )is because some people what only want to make profit had a lot of coins and sold them all, nothing more Smiley

No worry! Geen zorgen! dit is normaal. Prijs zal vanaf morgen alleen maar gaan stijgen!
newbie
Activity: 4
Merit: 0
Hi guys,

I’m pretty new to this world so apologies for my ignorance. I heard about Cannabis Coin on Twitter and after reading through the threads I decided to buy yesterday.

I went through the lengthy process of buying a Bitcoin and used Bittrex to buy 7000 CANN.
The price today has fallen dramatically, and it looks like from what I’ve read, I’m a victim of a pump and dump?

I don’t understand any of this, nor do I wish to, I just hate that I’ve been manipulated. Is this what Crypto currency is about then? Rather Sad.

didnt you buy it to get some weed.. now yur just greedy  Grin

I'm in Europe, thought something like this could eventually spread to Amsterdam, so yes, I did buy for weed but didn't expect the money I invested to disappear
newbie
Activity: 13
Merit: 0
What is it with haters, if we get scammed it's our problem not the haters.
newbie
Activity: 28
Merit: 0
I got 190000 vpn https://bitcointalksearch.org/topic/ann-vash-vpncoin-aes-chat-bitchain-domainwebsite-zero-knowledge-789961 which I would be willing to exchange for cann , if you think this is a scam and want to get out , contact me , due to my newbie status we could of course use escrow !
hero member
Activity: 1540
Merit: 500
Hi guys,

I’m pretty new to this world so apologies for my ignorance. I heard about Cannabis Coin on Twitter and after reading through the threads I decided to buy yesterday.

I went through the lengthy process of buying a Bitcoin and used Bittrex to buy 7000 CANN.
The price today has fallen dramatically, and it looks like from what I’ve read, I’m a victim of a pump and dump?

I don’t understand any of this, nor do I wish to, I just hate that I’ve been manipulated. Is this what Crypto currency is about then? Rather Sad.


CANN is backed up with 1 gm of medical marijuana. Stop looking at the price..it's a good investment with great future. Don't let trolls affect you.
legendary
Activity: 1218
Merit: 1004
The Dev made his money. He's out. There's no incentive to continue working on it. He had his ICO, mined early on, accumulated mass quantities of coins, promoted the coin, drew in buyers which raised prices, and cashed out. Poof!

This is how it works 99/100 coins. Some devs do continue their work, but most -- it's onto the next project. A repeat process.

This coin is in the communities hands now. That's what unregulated decentralized currencies are. No controlling power. All of you here are the devs. He's passed the torch... Or joint... To you.

I 100% guarantee this coin will see sub 1000, likely into the low 100s, before it ever makes any real true rebound.

Strato

100% Bullshit  Grin
I dont know dude i saw him post yesterday he wasnt wrong. just becuase it doesnt sound like what you wan t to hear doesnt mean its not true

Thank you. Yes I do believe I gave you all fair warning.

Go back, did I not say this exact scenario would play out?  Have you even bothered to read GOD? I posted it. I'll post again if you missed.

Strato
please leave and make some prayer service with your GOD-wolong-crap.
legendary
Activity: 1078
Merit: 1042
www.explorerz.top
REALSOLID once preteneded to be a paki guy for 2 months. Sent me pics of a gaming website. Showed me numbers. than said he was dying of cancer after 2 months of excessive conversation. he wanted to take my btc. he scammed another person on the exchange. but luckily i realized it was a scam.



THISS WAS ANOTHER SCAM HOSTED BY MCXNOW BY DEV NAMED IDIOTS. LIKE MANY OTHER ALTS LIKE URO AND RZR. THESE ARE ALL SCAMS MADE BY PROFESSIONAL TROLL ARTISTS. IT IS VERY BELIEVABLE BUT WHEN ITS ALL SAID AND DONE NOTHING BUT A GIANT SCAM. YOU CAN CHECK LOGS AT MCXNOW. YOU ARE VIEWED AS A MAJOR IDIOTS THERE HENCE THE NAME, IDIOTS. WHICH IS THE OWNER REALSOLID.

proof or it didn't happen. easy as pie
sr. member
Activity: 336
Merit: 250
Hi guys,

I’m pretty new to this world so apologies for my ignorance. I heard about Cannabis Coin on Twitter and after reading through the threads I decided to buy yesterday.

I went through the lengthy process of buying a Bitcoin and used Bittrex to buy 7000 CANN.
The price today has fallen dramatically, and it looks like from what I’ve read, I’m a victim of a pump and dump?

I don’t understand any of this, nor do I wish to, I just hate that I’ve been manipulated. Is this what Crypto currency is about then? Rather Sad.

didnt you buy it to get some weed.. now yur just greedy  Grin
newbie
Activity: 4
Merit: 0
Hi guys,

I’m pretty new to this world so apologies for my ignorance. I heard about Cannabis Coin on Twitter and after reading through the threads I decided to buy yesterday.

I went through the lengthy process of buying a Bitcoin and used Bittrex to buy 7000 CANN.
The price today has fallen dramatically, and it looks like from what I’ve read, I’m a victim of a pump and dump?

I don’t understand any of this, nor do I wish to, I just hate that I’ve been manipulated. Is this what Crypto currency is about then? Rather Sad.
legendary
Activity: 1218
Merit: 1004
The Dev made his money. He's out. There's no incentive to continue working on it. He had his ICO, mined early on, accumulated mass quantities of coins, promoted the coin, drew in buyers which raised prices, and cashed out. Poof!

This is how it works 99/100 coins. Some devs do continue their work, but most -- it's onto the next project. A repeat process.

This coin is in the communities hands now. That's what unregulated decentralized currencies are. No controlling power. All of you here are the devs. He's passed the torch... Or joint... To you.

I 100% guarantee this coin will see sub 1000, likely into the low 100s, before it ever makes any real true rebound.

Strato

wow strato your back. still holding your 300k coins?  Grin
hero member
Activity: 1540
Merit: 500
CANN VOLUME INCREASED TO 1100 BTC on trex. Wow Grin
newbie
Activity: 50
Merit: 0
Was gonna buy back, but I cancelled. One more crash to come.
Many more to come kids. Small whales are buying low and selling high on dump waves since yesterday.
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