Post
Topic
Board Announcements (Altcoins)
Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions.
by
Bitcycle
on 02/09/2014, 01:48:33 UTC
so 1 CANN = $20 ?

More like $10, in theory.

More then the value, it will make transaction easier. should be around $20 when everyone is awake up.........

109,000,000 coins x $10 = $1,009,000,000 market cap.

They are going to have to grow/sell a lot of marijuana to make 1 CANN = $10. It can be done if they become the biggest dispensary chain in North America. I wouldn't expect to see $10 a coin for another 5 years.

I do not understand why any dispensary would ever sell any cannabis at a 1:1 ratio for CANN unless CannabisCoin gave the dispensary CANNdy for free.



I agree.
IF the coin reached $1 that would be amazing.
10 and 20 is a little fantasy imo.

I'm always amused at how clueless crypto people are about economics.  Not really surprised any more, but amused.