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Topic: CannabisCoin [CANN][X11][Official] Developments & Discussions - page 74. (Read 706488 times)

full member
Activity: 217
Merit: 100
I heard today is big day for this coin..
sr. member
Activity: 423
Merit: 250
Sure, and 11 may next pump because Bob Marley died.


Please dont invest any btc in cann. We will take all the profits, just stay on the sideline and watch.

Im watching
sr. member
Activity: 247
Merit: 250
Looking forward to the vote for recreational cannabis in Arizona. When is that again? October ?
member
Activity: 77
Merit: 10
Why is the cann market being hammered?
Big Vern presenting to us 0.0000 0420 for 4/20  Angry look for that altcointoday.com article referenced above. However, CANN was not mentioned inside that article.

I can vouch that Today is not Vern, it's tough when you have one of top 10 holders on bittrex trying to get out and decrease their holdings.  Especially because volume has been so low for so long, even the slightest chunk sold seems like a "huge hit"
legendary
Activity: 2380
Merit: 1085
Money often costs too much.
Why is the cann market being hammered?
Big Vern presenting to us 0.0000 0420 for 4/20  Angry look for that altcointoday.com article referenced above. However, CANN was not mentioned inside that article.
hero member
Activity: 734
Merit: 500
Why is the cann market being hammered?
legendary
Activity: 868
Merit: 1000
twitter.com/natmcmolecule
Ya, Poloniex doesn't even have litecoin markets. That must be a scammer, be careful out there!
sr. member
Activity: 286
Merit: 250
http://twitter.com/CannabisCoins
We get a ton of messages requesting all sorts of things from the CANN team.  We get solicited several times a day to be listed, advertised, marketing, translations, etc etc.  We never know what is real or not.

hero member
Activity: 916
Merit: 500
I was not aware that such a thing existed for Poloniex. I was under the impression that their requirements had gotten fairly strict & you had to be accepted & contacted by Poloniex. The Unobtanium community has submitted dozens of unique coin request forms & we've heard nothing about listing fees.

According to their FAQ they never request payment to list coins. They only list coins base on several acceptable criteria.
legendary
Activity: 868
Merit: 1000
twitter.com/natmcmolecule
I was not aware that such a thing existed for Poloniex. I was under the impression that their requirements had gotten fairly strict & you had to be accepted & contacted by Poloniex. The Unobtanium community has submitted dozens of unique coin request forms & we've heard nothing about listing fees.
sr. member
Activity: 286
Merit: 250
http://twitter.com/CannabisCoins
There is virtually no chance of getting CANN listed on Poloniex right now. You'd need $500,000 market cap minimum & some signs of real progress. Even with a $1,000,000 market cap it wouldn't be fast or certain.

CANN is currently at $210,000 valuation, falling price, $180 of volume & no tangible updates from D9. I hold CANN, & I'm optimistic about it, but I'm trying to be realistic about the notion of being added on Poloniex.

Being added to Poloniex is a matter of paying the listing fees.  We've already been in contact with exchange staff.
legendary
Activity: 868
Merit: 1000
twitter.com/natmcmolecule
There is virtually no chance of getting CANN listed on Poloniex right now. You'd need $500,000 market cap minimum & some signs of real progress. Even with a $1,000,000 market cap it wouldn't be fast or certain.

CANN is currently at $210,000 valuation, falling price, $180 of volume & no tangible updates from D9. I hold CANN, & I'm optimistic about it, but I'm trying to be realistic about the notion of being added on Poloniex.
sr. member
Activity: 275
Merit: 250
Any rough guesses on when staking will be implemented?

We're down to discussions on just what form it will take so the rough guess is "soon," possibly "very soon" and "definitely within the next few months".

Naturally a lot of "what if" scenarios are examined before any changes are made and without preempting the core group's decisions in any way I can tell you that a 2% compound interest has been well scrutinized.

A couple of interesting features of that inflation rate are that it would restore the number of burnt coins over 7 years and, if deemed desirable at that future time, can be left in place for 75 years without exceeding CannabisCoin's original intent (back when it was launched as a scrypt coin) of 420,000,000.

Again, that's my observations and the core group may decide otherwise if it is deemed in everyone's interests.

current price is 500-1000 , 420,000,000 i think is too much ,

Right now, of course we don't need such a supply but in 75 years time? Who knows? The 75 year horizon is simply an interesting mathematical fact, not a plan.

It is far too early to make such decisions. If 2% is chosen it will take another 7 years just to restore the burnt coins.

And if, 7 years from now (and if 2% is the final choice), if the decision is made to terminate inflation that is a decision for that time. I've added some emphasis to the quote to make it absolutely clear.


any plan to on poloniex.com ?
hero member
Activity: 629
Merit: 500
Ponderously ruminative
Any rough guesses on when staking will be implemented?

We're down to discussions on just what form it will take so the rough guess is "soon," possibly "very soon" and "definitely within the next few months".

Naturally a lot of "what if" scenarios are examined before any changes are made and without preempting the core group's decisions in any way I can tell you that a 2% compound interest has been well scrutinized.

A couple of interesting features of that inflation rate are that it would restore the number of burnt coins over 7 years and, if deemed desirable at that future time, can be left in place for 75 years without exceeding CannabisCoin's original intent (back when it was launched as a scrypt coin) of 420,000,000.

Again, that's my observations and the core group may decide otherwise if it is deemed in everyone's interests.

current price is 500-1000 , 420,000,000 i think is too much ,

Right now, of course we don't need such a supply but in 75 years time? Who knows? The 75 year horizon is simply an interesting mathematical fact, not a plan.

It is far too early to make such decisions. If 2% is chosen it will take another 7 years just to restore the burnt coins.

And if, 7 years from now (and if 2% is the final choice), if the decision is made to terminate inflation that is a decision for that time. I've added some emphasis to the quote to make it absolutely clear.
sr. member
Activity: 275
Merit: 250
Any rough guesses on when staking will be implemented?

We're down to discussions on just what form it will take so the rough guess is "soon," possibly "very soon" and "definitely within the next few months".

Naturally a lot of "what if" scenarios are examined before any changes are made and without preempting the core group's decisions in any way I can tell you that a 2% compound interest has been well scrutinized.

A couple of interesting features of that inflation rate are that it would restore the number of burnt coins over 7 years and, if deemed desirable at that future time, can be left in place for 75 years without exceeding CannabisCoin's original intent (back when it was launched as a scrypt coin) of 420,000,000.

Again, that's my observations and the core group may decide otherwise if it is deemed in everyone's interests.

current price is 500-1000 , 420,000,000 i think is too much ,
hero member
Activity: 629
Merit: 500
Ponderously ruminative
Any rough guesses on when staking will be implemented?

We're down to discussions on just what form it will take so the rough guess is "soon," possibly "very soon" and "definitely within the next few months".

Naturally a lot of "what if" scenarios are examined before any changes are made and without preempting the core group's decisions in any way I can tell you that a 2% compound interest has been well scrutinized.

A couple of interesting features of that inflation rate are that it would restore the number of burnt coins over 7 years and, if deemed desirable at that future time, can be left in place for 75 years without exceeding CannabisCoin's original intent (back when it was launched as a scrypt coin) of 420,000,000.

Again, that's my observations and the core group may decide otherwise if it is deemed in everyone's interests.



Edited to highlight "what if" speculation far into the future.
legendary
Activity: 868
Merit: 1000
twitter.com/natmcmolecule
After Unobtanium moved from Cryptsy to Bittrex (& we had the coins successfully frozen), I checked the CANN block explorer since there had been dumping of CANN on Bittrex as well. I concluded that it was not Vern dumping because there had been no noticeable large movements of CANN in the previous several days. It's possible that the UNO movement was not the first & he had been moving coins more subtly for weeks or months, but you'd have to trace the blockchain data. Thankfully the UNO community is on top of that stuff & noticed within hours, do you guys know what addresses/wallets Cryptsy was using to store its CANN? Pretty simple to check if those addresses have moved rather than guessing...

My guess is that the dumping is due to false 420 hype & a strengthening BTC. Remember we were at 400 satoshi, double topped at 1,250 & now we're at 750, pretty reasonable situation that doesn't require foul play. I've been accumulating though because it sounds like there may be news this summer & staking will be a good deal. Anything 0.00000400 to 0.00001000 is a profitable purchase IMO.

Any rough guesses on when staking will be implemented?
hero member
Activity: 593
Merit: 500
lol I heard that big vern dumps his cann .
what a ****er , he sells his cryptsy coins

Any evidence that it is Cryptsy dumping coins?

It is true that several million CannabisCoins have changed hands over the past couple of weeks and the distribution on Bittrex seems to have fattened the 500K-plus bracket.

http://www.altcointoday.com/cryptsy-funds-has-moved-to-a-bittrex-wallet/
hero member
Activity: 629
Merit: 500
Ponderously ruminative
lol I heard that big vern dumps his cann .
what a ****er , he sells his cryptsy coins

Any evidence that it is Cryptsy dumping coins?

It is true that several million CannabisCoins have changed hands over the past couple of weeks and the distribution on Bittrex seems to have fattened the 500K-plus bracket.
hero member
Activity: 593
Merit: 500
lol I heard that big vern dumps his cann .
what a fucker , he sells his cryptsy coins
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