Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CCN] - Cannacoin - CannaPay - Cannabis Community Network - CannaShares!
by
FredDag
on 18/10/2014, 23:34:16 UTC
this weekend is all about weed! i can see this going to 50k not even lying lol

i think ur on the wrong coin?
Cann coin ( cannabis coin ) is starting this weekend because monday it will be accepted in the stores for buy weed at 1 coin for 1 gram.

Price is over 3000% in the last 2-3 weeks.

this is the current stats at coinmarketcap i copy 1 min ago:
13    CannabisCoin CannabisCoin    $ 4,731,533    $ 0.051387    92,076,285 CANN    $ 294,346    27.62 %

I think this coin will easily hit 50k... Possibly even 250k.
It might not be this week, but within a year... maybe... I'm definitely holding long-term.

It would've been great to pick up a few more while the price was below 2K but I'm still buying at this price.

If public sentiment & laws regarding Medical Marijuana, Decriminalization, & Hemp continue to change as they have over the last 5 years, then the next couple of years look very  promising. CannaPay could quite easily become 'the way to pay' cannabis related merchants online & instore.

rule 1. never fall in love with a altcoin
rule 2. never hold a altcoin long term

When you break one of this rules, you will lose all your money.

Fella I appreciate your concern, but I'm happy to make & follow my own rules.

I'm definitely not in love with any of the coins I hold, they are like any other investment.
I actually sold a good portion of my CANN yesterday to buy into CCN, that is how I see this opportunity.
I believe CCN still has a lot of potential growth yet to come.

What is "Long-Term" in the world of crypto-currencies? 1 year? 6 months?
Part of the challenge with the crypto-currency experiment is discovering how these technologies will find utility in the real world.
Most 'alt-coins' probably will fail to gain any real world value long-term, as they have no real world utility.
In contrast, the CannaPay payment solution is targeting a real world industry that is growing rapidly & looks to continue.
Whether or not all the supported coins thrive long-term, the CannaPay solution & thriving medical marijuana industry have the potential to create a great synergy (imho).