It has 100 LTC volume already!
Yes but look at the prices...some people are dumping their pot for pennies worth of LTC. Its going to hurt the exchange rate when it hits cryptsy.
I have an idea...maybe somebody else can throw this around some more but what about approaching the pot industry initially with this coin as a sort of rewards type program. No cannabis club is going to take a bunch of potcoin instead of cash or even credit cards. At least not for the foreseeable future. So why not try to introduce the coin in a different way. You purchase regularly from a cannabis club, you get potcoins as a sort of reward. Which can then be exchanged for more stuff. I think it could help establish the coin in the community and give it real value in the cannabis community. Anyway just my idea...
That doesnt matter. There is hardly any volume there and I did 1/4 volume there by buying 1BTC worth of POT. I am not sure you remember when 42 HIT openex.io exchange poeple were selling it for pennies. then it hit cryptsy with 1000% more value ( its down now but will pretty high when you compare it to old exchange). People dont have coins or dont want to risk thier coins on new exchanges. When this hits a real exchange we will find out right price. I would hold till then
indeed I would hold, we could be sitting on something much bigger than the low prices on this mickey mouse exchange
that is the exact same scenario with 42 coin, even the website it sold now. i was selling 42 coin for 60 btc while in openex, I was very noob at mining at that time, after that, it hitted 1500 spot on cryptsy. after that stabilised around 350 400 level now.
for a lame wievpoint, we can clearly say it is 5-6x underpriced now(it is not important the mining-profit-price balance). i think it worths much more than it. Because only 4m coins out there.
I mean think generally, 42 has nothing except it's rare concept. Nothing at all. Potcoin has a great fortune and average total coin numbers and rewards etc.
And the "cannabis" concept putting it to the top level. Just think about it gets attention of deep web cycle. All of altcoin traders somehow in a relationship with cannabis in someway. We can use this great oppurtunity. I think we should arrange some giveaways for cryptsy support and spread the potcoin.