Is there a place for a cannabis-related altcoin?

PG13

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Quote from: FaMeL on June 29, 2018, 06:45:58 AM

Hi everyone, i'm somewhat new here so please bear with me Grin

First off, i'm not a crypto expert by any means, just a casual fan.
I've been interested in cannabis, as a hobby and a business, for a while but unfortunately the laws of my country (italy) don't allow much.
Recently a local company/start-up (Nativa) has partnered with an alt-coin (WIID) and that sparked my interest in that combination, which I had initially written off, and found other cryptos targeting marijuana (like PotCoin, Tokes and others).
I have invested in a really small amount on WIID because of initial excitement, and now i'm wondering wheter or not this particular market has any merit to exist or not before I go any further, regardless of which crypto establishes itself.
What do you guys think?

Usually it takes time before a project will boom and you just be patient to wait for more months as we had a downfall market and all currencies had been badly affected with the market situation. Although while your waiting the progress of those project you can invest with other good currency which I think the best time to buy and diversify your investment to gain more with less risk.

success65

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I believe that there is market potential. it all depends on you and your approach. if you have a great desire to develop in this type of activity. that success will come to you 100%. you just have to be patient.

atariguy

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I have been in the portfolio a few of these coins and they already earned. To diversify, you can have such a class of coins in the portfolio.

dzelenyanskiy

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Have you heard about the CannaSos project from Canada? I participated in his campaign bounty and have a few of its PerksCoin coins. Most recently, Canada has passed a law on the legalization of marijuana, that is why I believe in the successful future of this project and the good value of its coins.

huhhuh18

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Well, issues about cannabis have different views they're looked at in different jurisdictions. Maybe, inthe future it mightnhave a great representation and so don't feel a regret for investing in the project. I say so bevause cureemctl, many jurisdictions are considering the legalization of cannabis for various reasons and so i think your project is a great stel toward the future.

ePalm

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I believe there is definitely going to be a market for it. It just depends when it becomes legal in certain countries, because the rest are going to follow up. While i'm here, what coins have you guys bought? Any reason why you chose a specific one?

FaMeL

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Quote from: Funeral Wreaths on July 10, 2018, 10:47:54 AM

Quote from: FaMeL on July 10, 2018, 10:42:06 AM

Quote from: trickyriky on July 08, 2018, 08:54:31 AM

Quote from: DenCho? on July 01, 2018, 04:15:42 PM

I think it using blockchain is cannabis industry will help to make it more transparent so cannabis coins must have future. Not all of them) But of course it is needed in a few more countries with legalize. I hope the time will change and this number will grow. For example Canada legalized MJ couple of weeks ago. So it is possible for some other countries to join this politics. I think it is good for all people when government understand that if they can't overcome it, they need to lead it! This statement relates not only to weed, but to the hole crypto industry.

I'm a bit sceptical about this idea, as cannabis is illegal in most countries, so weed is relatable to crime, drugs, etc. It makes cannabis alts less popular, I guess. I wouldn't invest in it.

Yeah it's illegal but wouldn't you say it probably won't be that way for much longer? If anything to me this seems like the best time to invest in it. Obviously i'm not talking hundreds of thousands of euros, but a few hundreds here and there i think are worth it.

i have heard a certain alt coin before that is all about cannabis, i don't really know if it does exist up until now, since i also share the same idea with you that because of its current standing as illegal it makes itless popular that is also the reason why it is not very known among traders, but to tell it honestly crime related drugs is really irrelevant whenwe talk about cannabis, there are also huge differences among cannabis users and those otherpetty drugs.

Exactly! Yes it's illegal NOW, and not everywhere by the way, but it definitely won't be for long. Plus it's a way different crime from everything else and it's not even close. It's not about a crypto for murderers or ISIS-coin.

Funeral Wreaths

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Quote from: FaMeL on July 10, 2018, 10:42:06 AM

Quote from: trickyriky on July 08, 2018, 08:54:31 AM

Quote from: DenCho? on July 01, 2018, 04:15:42 PM

I think it using blockchain is cannabis industry will help to make it more transparent so cannabis coins must have future. Not all of them) But of course it is needed in a few more countries with legalize. I hope the time will change and this number will grow. For example Canada legalized MJ couple of weeks ago. So it is possible for some other countries to join this politics. I think it is good for all people when government understand that if they can't overcome it, they need to lead it! This statement relates not only to weed, but to the hole crypto industry.

I'm a bit sceptical about this idea, as cannabis is illegal in most countries, so weed is relatable to crime, drugs, etc. It makes cannabis alts less popular, I guess. I wouldn't invest in it.

Yeah it's illegal but wouldn't you say it probably won't be that way for much longer? If anything to me this seems like the best time to invest in it. Obviously i'm not talking hundreds of thousands of euros, but a few hundreds here and there i think are worth it.

i have heard a certain alt coin before that is all about cannabis, i don't really know if it does exist up until now, since i also share the same idea with you that because of its current standing as illegal it makes itless popular that is also the reason why it is not very known among traders, but to tell it honestly crime related drugs is really irrelevant whenwe talk about cannabis, there are also huge differences among cannabis users and those otherpetty drugs.

FaMeL

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Quote from: trickyriky on July 08, 2018, 08:54:31 AM

Quote from: DenCho? on July 01, 2018, 04:15:42 PM

I think it using blockchain is cannabis industry will help to make it more transparent so cannabis coins must have future. Not all of them) But of course it is needed in a few more countries with legalize. I hope the time will change and this number will grow. For example Canada legalized MJ couple of weeks ago. So it is possible for some other countries to join this politics. I think it is good for all people when government understand that if they can't overcome it, they need to lead it! This statement relates not only to weed, but to the hole crypto industry.

I'm a bit sceptical about this idea, as cannabis is illegal in most countries, so weed is relatable to crime, drugs, etc. It makes cannabis alts less popular, I guess. I wouldn't invest in it.

Yeah it's illegal but wouldn't you say it probably won't be that way for much longer? If anything to me this seems like the best time to invest in it. Obviously i'm not talking hundreds of thousands of euros, but a few hundreds here and there i think are worth it.

trickyriky

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Quote from: DenCho? on July 01, 2018, 04:15:42 PM

I think it using blockchain is cannabis industry will help to make it more transparent so cannabis coins must have future. Not all of them) But of course it is needed in a few more countries with legalize. I hope the time will change and this number will grow. For example Canada legalized MJ couple of weeks ago. So it is possible for some other countries to join this politics. I think it is good for all people when government understand that if they can't overcome it, they need to lead it! This statement relates not only to weed, but to the hole crypto industry.

I'm a bit sceptical about this idea, as cannabis is illegal in most countries, so weed is relatable to crime, drugs, etc. It makes cannabis alts less popular, I guess. I wouldn't invest in it.

FaMeL

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Thanks for every single reply, i appreciate it. Although "we should wait and see" is not necessarly the answer i'm looking for, since that's not a good way of making money, at least that's how i see it. i don't mean to sound rude, just expressing my opinion

AnthonyLa

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this is not much popular right now at the moment because of the newness of such initiative. but even in the future there are possibility of such initiatives being taken place because people will be interested in such projects. we should wait for it and see what happens about it.

niteroy

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I do not understand why I should use some special coin for using it in the cannabis industry, because now there are so many different coins that are suitable for any industry and industry, including for the canapis. I can list, for example, several anonymous coins: Zcash, Monero, Verge. In my opinion, they are quite suitable for a wide range of uses.

Thermytee

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Quote from: javierherr79 on July 01, 2018, 12:41:33 PM

I think there already was coin. Ganja or something like that. Maybe in future someone will create the better one.

Yes, there are some now. Stumbled on some earlier in the week.

Why the question, you've got love for the stuff.

FaMeL

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Quote from: Markperop on July 03, 2018, 02:19:20 PM

Quote from: AnthonyLa on July 03, 2018, 02:10:31 PM

This is still not a popular thing in the crypto currency market. These sort of things will take time to create a buzz because these sort of things are very hush hush. Give it some time, things might turn around. This may, slowly over time, peak interest in people too.

if we say in fact the question asked, then I do not understand what is common between drugs and crypto currency. It seems to me that drugs are so well suited, even without the help of a digital currency.

The way i see it a related crypto would help making it safer market. After all, it's still a drug and people might not want to have their purchases displayed to the public. Let's say a country goes back to having marijuana illegal and a guy has his past dug up to show he bought it before: it could damage his career.

Markperop

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Quote from: AnthonyLa on July 03, 2018, 02:10:31 PM

This is still not a popular thing in the crypto currency market. These sort of things will take time to create a buzz because these sort of things are very hush hush. Give it some time, things might turn around. This may, slowly over time, peak interest in people too.

if we say in fact the question asked, then I do not understand what is common between drugs and crypto currency. It seems to me that drugs are so well suited, even without the help of a digital currency.

tweetbit

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ICO investing and crypto related project is not illegal or banned in my country, but in my opinion as our coin is not cannabis friendly and its illegal to acquire related to this coin supporting it will be a against the law. I’m not sure it will, but I will make distance apart from it for now until the right time. I’m not condemning anyone on this action as maybe your country marijuana is legal.

AnthonyLa

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This is still not a popular thing in the crypto currency market. These sort of things will take time to create a buzz because these sort of things are very hush hush. Give it some time, things might turn around. This may, slowly over time, peak interest in people too.

coin-investor

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Of course cannabis related altcoin has a good future in the crypto industry, in fact, there are a lot of coins backed by cannabis, but they are hard to take off because of country restrictions, not all can participate buying cannabis using those coins, because of restrictions, but I also would like to see government easing up on this kind of drugs.

hoami55

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I chose to avoid the name of a crime, but I never knew there was altcoin associated with cannabis, pornography and such, but because I prefer to avoid it so I do not know too much, but if there is any altcoin which related they will not publish it that they are linked to it, because it includes crime.

gabinsight

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Recently we have seen some countries and some states in the United States of America legalizing cannabis. More of such development is what cannabis-related altcoins needs to strive in this gigantic crypto industry of mine.

jackpot888

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maybe not cause it's mainly depends on the law and law is different on ever country. the good news is we have more opportunities and times probably things will start changing very soon but I don't want to give any fake hope so let the time gives the answer.

bontkoli01

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I think before investing we should do more analysis in this projecct. You will not incur loss if the laws of your country allows this project to carry on. Let's see what happens!

DenCho?

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I think it using blockchain is cannabis industry will help to make it more transparent so cannabis coins must have future. Not all of them) But of course it is needed in a few more countries with legalize. I hope the time will change and this number will grow. For example Canada legalized MJ couple of weeks ago. So it is possible for some other countries to join this politics. I think it is good for all people when government understand that if they can't overcome it, they need to lead it! This statement relates not only to weed, but to the hole crypto industry.

code

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I'm investing in a few cannabis coins. It has already turned out very well to make money on them. There is a future for them or not, but in the investment portfolio of coins of this direction you need to have.

rb26

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Oh, I never thought that there are alts related to cannabis. I got a little intrigued so I did a really fast search of cannabis in the forum and I found a few alts though I'm not sure if some were implemented or just an idea. Anyhow, I'm not sure about the future of these types of coin/token since lots of countries out there haven't legalized the use of it even for medical purposes. This is still a trivial matter especially if you are in a country where the government strongly oppose the use of this kind of drug. But then again, they cannot do anything as weeds are rampant in any part of the world no matter how tough the laws against it.

Sally34

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This is actually a great idea. I actually don't see much of a point behind the idea of a cannabis related coin at the moment considering that it's still illegal in most countries but just the idea of it being a cannabis related coin would attract a bunch of stoners worldwide

El Loco

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I've heard at least two ICOs related to cannabis: Nuvus and Jibbit. I hope these ICOs do not make people think that through the cryptocurrencies you can only buy forbidden things like drugs or weapons.

FaMeL

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Quote from: longwintershere on July 01, 2018, 01:16:01 PM

Quote from: FaMeL on June 29, 2018, 06:45:58 AM

Hi everyone, i'm somewhat new here so please bear with me Grin

First off, i'm not a crypto expert by any means, just a casual fan.
I've been interested in cannabis, as a hobby and a business, for a while but unfortunately the laws of my country (italy) don't allow much.
Recently a local company/start-up (Nativa) has partnered with an alt-coin (WIID) and that sparked my interest in that combination, which I had initially written off, and found other cryptos targeting marijuana (like PotCoin, Tokes and others).
I have invested in a really small amount on WIID because of initial excitement, and now i'm wondering wheter or not this particular market has any merit to exist or not before I go any further, regardless of which crypto establishes itself.
What do you guys think?

I don't understand the advantages of specific coins for cannabis only. I think there should be one general currency being used and blockchain would be applied to cannabis platforms, that would make more sense to me.

But the same could be said about real currencies, yet we have hundreds of them. Plus, I don't think having different cryptos would be much of an issue, since there will most likely be some system to instantly convert every payment

longwintershere

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Quote from: FaMeL on June 29, 2018, 06:45:58 AM

Hi everyone, i'm somewhat new here so please bear with me Grin

First off, i'm not a crypto expert by any means, just a casual fan.
I've been interested in cannabis, as a hobby and a business, for a while but unfortunately the laws of my country (italy) don't allow much.
Recently a local company/start-up (Nativa) has partnered with an alt-coin (WIID) and that sparked my interest in that combination, which I had initially written off, and found other cryptos targeting marijuana (like PotCoin, Tokes and others).
I have invested in a really small amount on WIID because of initial excitement, and now i'm wondering wheter or not this particular market has any merit to exist or not before I go any further, regardless of which crypto establishes itself.
What do you guys think?

I don't understand the advantages of specific coins for cannabis only. I think there should be one general currency being used and blockchain would be applied to cannabis platforms, that would make more sense to me.

_bitnews_

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It seems to me that such altcoins only complicate life for the crypto currency, as public services react negatively to this and begin to negatively treat the entire crypto currency.

Oilacris

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Quote from: wack slacker on July 01, 2018, 12:29:00 PM

I don't think there will be any coin related to cannabis or kind of that is worth to invest.
cause there were too much shit coins related to them in the past. and they are no different from other altcoins,, I can' found any reason to invest in them instead of buying bitcoin or eth,

Would definitely say the same thing too which i dont even see a single coin that would be related to cannabis would really be worth of the investment and just same as you said they are no different into other altcoins in the market. They do represent something but doesnt really have any actual innovation that it would gives specially when it do uses up erc20 platform which is common.
Anything can be placed on any category you would choose up since creating a token for a particular niche wont really be hard for those who do know.

Invest-or

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There is a space for everything in crypto, but I have some limits as to the investments I make and I tend not to go into any controversial coins since there are many.

javierherr79

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I think there already was coin. Ganja or something like that. Maybe in future someone will create the better one.

nasipadang

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I chose to avoid the name of a crime, but I never knew there was altcoin associated with cannabis, pornography and such, but because I prefer to avoid it so I do not know too much, but if there is any altcoin which related they will not publish it that they are linked to it, because it includes crime.

wack slacker

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I don't think there will be any coin related to cannabis or kind of that is worth to invest.
cause there were too much shit coins related to them in the past. and they are no different from other altcoins,, I can' found any reason to invest in them instead of buying bitcoin or eth,

Treasurer

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Quote from: Thirio on July 01, 2018, 11:18:03 AM

BUBO (another cannabis-related altcoin) was all introductory hype and eventually lowered it's value to i think 0.003? and at the least favorable spot of the coinmarketcap rating. But some says you just gotta hold and eventually (hopefully when the project is all set) it'll have a comeback.

BUBO is now worth $ 0.02, and it actually fell in price after IСO. But I believe that all projects working with cannabis, in any case will be on top. Cannabis is gaining popularity as a medicine, but as a drug it has been popular for a long time.

Thirio

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BUBO (another cannabis-related altcoin) was all introductory hype and eventually lowered it's value to i think 0.003? and at the least favorable spot of the coinmarketcap rating. But some says you just gotta hold and eventually (hopefully when the project is all set) it'll have a comeback.

sandialoveth

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Well, I don’t know there is something like that exist or not. But I think maybe it has no existence in the cryptocurrency market. I hope that maybe in the future will we able to see some altcoins like that.

clickerz

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Maybe. I have THC and Dopecoin, but its like their all time low right now. But still, i have hope for this coin, I hop devs will not abandon this project. Cannabis related coin has future in my opinion.

ePalm

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No problem, i get what you're saying. I suggest you invest some money yoy're comfortable spending and most importantly don't sell as soon as you see a negative trend. The secret is holding

FaMeL

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I know it's still early to make an accurate call on wheter it will succeed or not, I was just curious to know people's opinion on the matter before i go too deep into it. I'm aware it's always risky so I always invest money I'm ready to lose.
Sorry, I don't want to come across as aggressive, just stating my point of view Wink

Edit: spelling

ePalm

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I have some PotCoin and have been following this market for a while. I definitely believe there is a future, it's just a matter time. It depends on when the laws will allow it in different countries, so it's probably still in the early stages.

FaMeL

newbie

Activity: 7

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Hi everyone, i'm somewhat new here so please bear with me Grin

First off, i'm not a crypto expert by any means, just a casual fan.
I've been interested in cannabis, as a hobby and a business, for a while but unfortunately the laws of my country (italy) don't allow much.
Recently a local company/start-up (Nativa) has partnered with an alt-coin (WIID) and that sparked my interest in that combination, which I had initially written off, and found other cryptos targeting marijuana (like PotCoin, Tokes and others).
I have invested in a really small amount on WIID because of initial excitement, and now i'm wondering wheter or not this particular market has any merit to exist or not before I go any further, regardless of which crypto establishes itself.
What do you guys think?

Topic: Is there a place for a cannabis-related altcoin? (Read 379 times)