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Board Announcements (Altcoins)
Re: [ANN] CannabisCoin [CANN][X11][Official][2] Developments & Discussions
by
ared
on 24/10/2014, 19:31:39 UTC

Therefore that guy should be considered part of the dev team.



I just love how conclusions are drawn around here.

Hey, and guess what? My conclusion was correct.

Chill my brother... Any contribution from the CANN Community is always very welcomed.

I suggest you join us @ freenode IRC #CANN

DeltaNine should join us in a few hours.

You can ask him your questions over there.

Cheers!
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] CannabisCoin [CANN][X11][Official][2] Developments & Discussions
by
ared
on 20/10/2014, 17:45:33 UTC
Since we are ONLY DAYS AWAY from First Pegged Transaction event happening @ Arizona, exact venue to be disclosed soon but I am sure those who have been following the CANN Team updates in here, will probably be able to pinpoint exactly where it will take place...

Anyway, for those less imaginative, I decided to put together some pictures to describe what could possibly happen on event day, enjoy!

http://i.imgur.com/TVawxFd.jpg
Long lines forming outside the "CHOSEN" Dispensary in Arizona for First Pegged Transaction!

http://i.imgur.com/dx5OMPy.jpg
Once inside the Dispensary, open your eyes wide and believe that you are NOT dreaming anymore!

http://i.imgur.com/d8epe7H.jpg
Take your pick from the shelves, whatever you desire that is exchangeable for 1 CANN per Gram!

http://i.imgur.com/bumFhBn.jpg
Weigh it up, make sure it doesn't exceed 1 Gram or whatever the daily limit that has been set!

http://i.imgur.com/oxBQLa7.jpg http://i.imgur.com/iWuIGAA.jpg
AND finally make your payment with CannabisCoin @ 1 CANN per Gram!

Will the above come true?
Media frenzy over the First Pegged Transaction event?
In my mind, I believe it will happen because YesWeCANN!








How exciting!!!  I'm buying up even more cheap CANN...

Lucky you, for those who were inspired by my pictures to buy up CANN few days back and now... Congrats!

But the real bull rally starts from 20k satoshi... Not many days left till 20th Oct 2014...

To buy or not to buy now? Or buy later when prices rise 10x like how you missed buying CANN @ 200 satoshi, 1000 satoshi and now 10000 satoshi...

I tweeted back then, on 29th Aug 2014: https://twitter.com/KingAred/status/505286277051068416

So when #cannabiscoin
@ 200 satoshi, you don't buy some!
@ 1000, nah too high!
@ 2000, how is it possible??
@ 20000, panic buy!!!!!
Typical!



Time to bump this up again since we are 2 DAYS AWAY TO HISTORY IN THE MAKING!!!

Tick tock tick tock... 28 Hours more to go! I think I won't sleep for 30 Hours straight, damn bloody excited!

LESS THAN 5 HOURS TO GO, and the First CANN Transaction will be history in the making!!!

 Cheesy Cheesy Cheesy

Yes We CANN!!!!!!

14 more minutes!!!!
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] CannabisCoin [CANN][X11][Official][2] Developments & Discussions
by
ared
on 20/10/2014, 16:46:36 UTC
Just posted a thread on Bitcoin Speculation pages to let other bitcoiners know

https://bitcointalk.org/index.php?topic=829070.0




+420

Everyone should do something to contribute to the CANN Movement as a community.
Start tweeting, posting on forums, just contribute in whatever way possible.

Together, Yes We CANN!
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] CannabisCoin [CANN][X11][Official][2] Developments & Discussions
by
ared
on 20/10/2014, 14:49:48 UTC

Amazing... there will be MANY MORE mentions of CannabisCoin in the media once First Transaction event takes place on 20th Oct 2014 @ Herbal Wellness Center, Arizona.

Anyway, to bring to the attention of the CANN Community, take a look at this article below to understand how BIG the cannabis industry is and will become.
Plenty of cannabis investors out there, from entrepreneurs to billionaires and venture capital funds... so let's reach out to them asap!

Cheryl Shuman has just launched the First Cannabis CrowdFunding website, www.cannadabbadoo.com and I think we should quickly list a crowdfunding project on her website, to show
our support for her website and to GAIN her attention and her network of investors who may become potential investors of CannabisCoin.

This will allow CannabisCoin to make better progress in spreading the CANN Movement further and rapidly!

http://i.imgur.com/nlX7GYV.jpg

Source: http://www.prweb.com/releases/2014/10/prweb12256760.htm

So what project should we list to crowdfund?

ATM, I am thinking we should list a Physical Silver CannabisCoin project... I remembered Maxcoin had a very successful crowdfunding project on StartJoin and they raised over USD 100k for the Physical Silver Maxcoin.

What does the community suggest?

Let's try to list a project before the 20th Oct 2014, which means we have less than 24 hours to go.

CANN WE DO IT? YES WE CANN!





Seems like everybody is holding their breath for the next 3 hours... so meanwhile, can the community suggests possible projects to list on the Cheryl Shuman's Cannabis Crowdfund website so that we can show our support
to her and in return she show her support to CannabisCoin too?

Post
Topic
Board Announcements (Altcoins)
Re: [ANN] CannabisCoin [CANN][X11][Official][2] Developments & Discussions
by
ared
on 20/10/2014, 13:04:45 UTC
Since we are ONLY DAYS AWAY from First Pegged Transaction event happening @ Arizona, exact venue to be disclosed soon but I am sure those who have been following the CANN Team updates in here, will probably be able to pinpoint exactly where it will take place...

Anyway, for those less imaginative, I decided to put together some pictures to describe what could possibly happen on event day, enjoy!

http://i.imgur.com/TVawxFd.jpg
Long lines forming outside the "CHOSEN" Dispensary in Arizona for First Pegged Transaction!

http://i.imgur.com/dx5OMPy.jpg
Once inside the Dispensary, open your eyes wide and believe that you are NOT dreaming anymore!

http://i.imgur.com/d8epe7H.jpg
Take your pick from the shelves, whatever you desire that is exchangeable for 1 CANN per Gram!

http://i.imgur.com/bumFhBn.jpg
Weigh it up, make sure it doesn't exceed 1 Gram or whatever the daily limit that has been set!

http://i.imgur.com/oxBQLa7.jpg http://i.imgur.com/iWuIGAA.jpg
AND finally make your payment with CannabisCoin @ 1 CANN per Gram!

Will the above come true?
Media frenzy over the First Pegged Transaction event?
In my mind, I believe it will happen because YesWeCANN!








How exciting!!!  I'm buying up even more cheap CANN...

Lucky you, for those who were inspired by my pictures to buy up CANN few days back and now... Congrats!

But the real bull rally starts from 20k satoshi... Not many days left till 20th Oct 2014...

To buy or not to buy now? Or buy later when prices rise 10x like how you missed buying CANN @ 200 satoshi, 1000 satoshi and now 10000 satoshi...

I tweeted back then, on 29th Aug 2014: https://twitter.com/KingAred/status/505286277051068416

So when #cannabiscoin
@ 200 satoshi, you don't buy some!
@ 1000, nah too high!
@ 2000, how is it possible??
@ 20000, panic buy!!!!!
Typical!



Time to bump this up again since we are 2 DAYS AWAY TO HISTORY IN THE MAKING!!!

Tick tock tick tock... 28 Hours more to go! I think I won't sleep for 30 Hours straight, damn bloody excited!

LESS THAN 5 HOURS TO GO, and the First CANN Transaction will be history in the making!!!

 Cheesy Cheesy Cheesy

Yes We CANN!!!!!!
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] CannabisCoin [CANN][X11][Official][2] Developments & Discussions
by
ared
on 19/10/2014, 16:26:27 UTC
Ared, you get any of those celebs to respond to all those tweets?

I don't know.. maybe just like @CherylShuman, they are all busy accumulating CANN quietly...

If and when Cheryl starts to promote CannabisCoin which can happen any time, because I see her as like Max Keiser, plenty of followers and a strong influencer on her followers.
So if Cheryl says I am in CannabisCoin, be prepared to see CANN hit Parity overnight!

Oh... and didn't Max Keiser only start to promote Bitcoin on Keiser Report when he is done accumulating Bitcoin?

Think ppl think!  Roll Eyes
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] CannabisCoin [CANN][X11][Official][2] Developments & Discussions
by
ared
on 19/10/2014, 16:11:31 UTC


this is bittrex wallet , it means people are moving there coins off the exchange.

Yup that wallet is confirmed Bittrex and the amount out is to Cold Storage, which means Smart investor, and remember never leave too many coins on an exchange!

And you can see many random small amount like 5.2 and 1.2 going into the wallet, those are probably miners sending them over to Bittrex.

Post
Topic
Board Announcements (Altcoins)
Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions.
by
ared
on 19/10/2014, 15:38:00 UTC
Guy's - thoughts on picking up 6BTC's worth more as an investment into the project?

I've already got a bunch, but think still good time to buy - What would you CANN folks do?

Just DO IT and never look back.

When D9 reveals himself to the world tmr at the event, you will be blown away by how accomplished he already is in his businesses. Yes it is businesses, plural.

He is already a successful serial entrepreneur!

And now he will make history in the next 24 hours, by blending both the "Gold Rushes" of Crypto + Cannabis to aid him and his team in their mission to serve the patients!
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] CannabisCoin [CANN][X11][Official][2] Developments & Discussions
by
ared
on 19/10/2014, 15:06:31 UTC
Since we are ONLY DAYS AWAY from First Pegged Transaction event happening @ Arizona, exact venue to be disclosed soon but I am sure those who have been following the CANN Team updates in here, will probably be able to pinpoint exactly where it will take place...

Anyway, for those less imaginative, I decided to put together some pictures to describe what could possibly happen on event day, enjoy!

http://i.imgur.com/TVawxFd.jpg
Long lines forming outside the "CHOSEN" Dispensary in Arizona for First Pegged Transaction!

http://i.imgur.com/dx5OMPy.jpg
Once inside the Dispensary, open your eyes wide and believe that you are NOT dreaming anymore!

http://i.imgur.com/d8epe7H.jpg
Take your pick from the shelves, whatever you desire that is exchangeable for 1 CANN per Gram!

http://i.imgur.com/bumFhBn.jpg
Weigh it up, make sure it doesn't exceed 1 Gram or whatever the daily limit that has been set!

http://i.imgur.com/oxBQLa7.jpg http://i.imgur.com/iWuIGAA.jpg
AND finally make your payment with CannabisCoin @ 1 CANN per Gram!

Will the above come true?
Media frenzy over the First Pegged Transaction event?
In my mind, I believe it will happen because YesWeCANN!








How exciting!!!  I'm buying up even more cheap CANN...

Lucky you, for those who were inspired by my pictures to buy up CANN few days back and now... Congrats!

But the real bull rally starts from 20k satoshi... Not many days left till 20th Oct 2014...

To buy or not to buy now? Or buy later when prices rise 10x like how you missed buying CANN @ 200 satoshi, 1000 satoshi and now 10000 satoshi...

I tweeted back then, on 29th Aug 2014: https://twitter.com/KingAred/status/505286277051068416

So when #cannabiscoin
@ 200 satoshi, you don't buy some!
@ 1000, nah too high!
@ 2000, how is it possible??
@ 20000, panic buy!!!!!
Typical!



Time to bump this up again since we are 2 DAYS AWAY TO HISTORY IN THE MAKING!!!

Tick tock tick tock... 28 Hours more to go! I think I won't sleep for 30 Hours straight, damn bloody excited!
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions.
by
ared
on 19/10/2014, 14:16:51 UTC
Since we are ONLY DAYS AWAY from First Pegged Transaction event happening @ Arizona, exact venue to be disclosed soon but I am sure those who have been following the CANN Team updates in here, will probably be able to pinpoint exactly where it will take place...

Anyway, for those less imaginative, I decided to put together some pictures to describe what could possibly happen on event day, enjoy!

http://i.imgur.com/TVawxFd.jpg
Long lines forming outside the "CHOSEN" Dispensary in Arizona for First Pegged Transaction!

http://i.imgur.com/dx5OMPy.jpg
Once inside the Dispensary, open your eyes wide and believe that you are NOT dreaming anymore!

http://i.imgur.com/d8epe7H.jpg
Take your pick from the shelves, whatever you desire that is exchangeable for 1 CANN per Gram!

http://i.imgur.com/bumFhBn.jpg
Weigh it up, make sure it doesn't exceed 1 Gram or whatever the daily limit that has been set!

http://i.imgur.com/oxBQLa7.jpg http://i.imgur.com/iWuIGAA.jpg
AND finally make your payment with CannabisCoin @ 1 CANN per Gram!

Will the above come true?
Media frenzy over the First Pegged Transaction event?
In my mind, I believe it will happen because YesWeCANN!








How exciting!!!  I'm buying up even more cheap CANN...

Lucky you, for those who were inspired by my pictures to buy up CANN few days back and now... Congrats!

But the real bull rally starts from 20k satoshi... Not many days left till 20th Oct 2014...

To buy or not to buy now? Or buy later when prices rise 10x like how you missed buying CANN @ 200 satoshi, 1000 satoshi and now 10000 satoshi...

I tweeted back then, on 29th Aug 2014: https://twitter.com/KingAred/status/505286277051068416

So when #cannabiscoin
@ 200 satoshi, you don't buy some!
@ 1000, nah too high!
@ 2000, how is it possible??
@ 20000, panic buy!!!!!
Typical!



Time to bump this up again since we are 2 DAYS AWAY TO HISTORY IN THE MAKING!!!

Tick tock tick tock... 28 Hours more to go! I think I won't sleep for 30 Hours straight, damn bloody excited!
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] CannabisCoin [CANN][X11][Official][2] Developments & Discussions
by
ared
on 19/10/2014, 13:48:46 UTC

Amazing... there will be MANY MORE mentions of CannabisCoin in the media once First Transaction event takes place on 20th Oct 2014 @ Herbal Wellness Center, Arizona.

Anyway, to bring to the attention of the CANN Community, take a look at this article below to understand how BIG the cannabis industry is and will become.
Plenty of cannabis investors out there, from entrepreneurs to billionaires and venture capital funds... so let's reach out to them asap!

Cheryl Shuman has just launched the First Cannabis CrowdFunding website, www.cannadabbadoo.com and I think we should quickly list a crowdfunding project on her website, to show
our support for her website and to GAIN her attention and her network of investors who may become potential investors of CannabisCoin.

This will allow CannabisCoin to make better progress in spreading the CANN Movement further and rapidly!

http://i.imgur.com/nlX7GYV.jpg

Source: http://www.prweb.com/releases/2014/10/prweb12256760.htm

So what project should we list to crowdfund?

ATM, I am thinking we should list a Physical Silver CannabisCoin project... I remembered Maxcoin had a very successful crowdfunding project on StartJoin and they raised over USD 100k for the Physical Silver Maxcoin.

What does the community suggest?

Let's try to list a project before the 20th Oct 2014, which means we have less than 24 hours to go.

CANN WE DO IT? YES WE CANN!



Post
Topic
Board Announcements (Altcoins)
Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions.
by
ared
on 18/10/2014, 18:18:29 UTC

Some miners cannot afford to hold. They have to sell and pay for electricity bill.

I never understood this argument, I have bills to pay too and I buy coins not knowing if I will profit on them in a day or in 3 months, that is why it is called investing.

If some miners want to purely mine for a daily profit and not invest, I don't begrudge them, but I know they will also cry when the price shoots up too.

And not forgeting halving will occur in another 15 days +-

Mining reward will drop from current 105 to 57.5 Cann ONLY!  Shocked

I think he means 52.5 starting at block 300,000.

Thanks for the correction. However, it was "intentional"... I wanted to see how fast someone actually spots the mistake. Just kidding!
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions.
by
ared
on 18/10/2014, 18:01:14 UTC

Some miners cannot afford to hold. They have to sell and pay for electricity bill.

I never understood this argument, I have bills to pay too and I buy coins not knowing if I will profit on them in a day or in 3 months, that is why it is called investing.

If some miners want to purely mine for a daily profit and not invest, I don't begrudge them, but I know they will also cry when the price shoots up too.

And not forgeting halving will occur in another 15 days +-

Mining reward will drop from current 105 to 57.5 Cann ONLY!  Shocked
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions.
by
ared
on 18/10/2014, 17:47:15 UTC
Since we are ONLY DAYS AWAY from First Pegged Transaction event happening @ Arizona, exact venue to be disclosed soon but I am sure those who have been following the CANN Team updates in here, will probably be able to pinpoint exactly where it will take place...

Anyway, for those less imaginative, I decided to put together some pictures to describe what could possibly happen on event day, enjoy!

http://i.imgur.com/TVawxFd.jpg
Long lines forming outside the "CHOSEN" Dispensary in Arizona for First Pegged Transaction!

http://i.imgur.com/dx5OMPy.jpg
Once inside the Dispensary, open your eyes wide and believe that you are NOT dreaming anymore!

http://i.imgur.com/d8epe7H.jpg
Take your pick from the shelves, whatever you desire that is exchangeable for 1 CANN per Gram!

http://i.imgur.com/bumFhBn.jpg
Weigh it up, make sure it doesn't exceed 1 Gram or whatever the daily limit that has been set!

http://i.imgur.com/oxBQLa7.jpg http://i.imgur.com/iWuIGAA.jpg
AND finally make your payment with CannabisCoin @ 1 CANN per Gram!

Will the above come true?
Media frenzy over the First Pegged Transaction event?
In my mind, I believe it will happen because YesWeCANN!








How exciting!!!  I'm buying up even more cheap CANN...

Lucky you, for those who were inspired by my pictures to buy up CANN few days back and now... Congrats!

But the real bull rally starts from 20k satoshi... Not many days left till 20th Oct 2014...

To buy or not to buy now? Or buy later when prices rise 10x like how you missed buying CANN @ 200 satoshi, 1000 satoshi and now 10000 satoshi...

I tweeted back then, on 29th Aug 2014: https://twitter.com/KingAred/status/505286277051068416

So when #cannabiscoin
@ 200 satoshi, you don't buy some!
@ 1000, nah too high!
@ 2000, how is it possible??
@ 20000, panic buy!!!!!
Typical!



Time to bump this up again since we are 2 DAYS AWAY TO HISTORY IN THE MAKING!!!
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions.
by
ared
on 17/10/2014, 18:54:05 UTC
Guide to Getting CannabisCoin to $1+

I love big ideas, it's one of the reasons I'm drawn to CannabisCoin. With that being said, if we want to shoot 'to the moon', each one of us individually need to start taking immediate action to develop and execute the plan. If you want a high value coin, help me provide high value.

1. If you find yourself saying "It would be great if we could.." be the catalyst. Make the contact and then post to the forum "I thought it would be great to do X, I did Y. Can I get some help doing Z".

2. Review the Cannabis[Suspicious link removed]gle Doc each day and CONTRIBUTE to it as you find new resources
https://docs.google.com/document/d/1eUhhvaOa0_Wk9CBE-vGBIfkwYBkzYxOuTDt6WySxTPI/edit#

3. Create a twitter account if you don't have one already.  If you say "I don't do twitter", I ask you to rethink that strategy from a marketing standpoint. I'm not asking you to tweet about your favorite celeb like a 12 year old tween, I'm asking you to please join us in marketing efforts.

4. Create a Facebook account. If you 'don't do Facebook', please see #3

5. Create a Reddit account

6. Start tweeting. If you don't know where to start, look at the list provided in #2.  You can do searches, find twitter accounts that would be sympathetic to our cause. If you find some good ones, add them to the Google doc.

7. Retweet great posts from @CannabisCoin

8. Do the same for Facebook and Reddit.

9. There was a great interview done on CoinTelegraph, share it with EVERYONE! It's also a great way to make introductions to traditional media outlets like Wired, Business Insider
http://cointelegraph.com/news/112748/cannabiscoin-officially-redeemable-for-1-gram-starting-october-20-interview-with-founder

10. In the Google Doc (#2), there's a listing of great local media. If you're not sure what to say, point them to the article and let them know a big event is happening on Oct 20th (quick summary)

11. Hit up Google for keywords like 'Cannabis' 'Marijuana' 'News Outs' etc..   email THOSE people, use the interview as an introduction

12. If you make a post about people you've contacted, make sure to add it to the Google Doc. If you noticed someone else posted a useful list of contacts, make sure YOU add it to the Google Doc.

13. Private message others in this thread that you feel are on the same page. Create your own mini campaigns.  "Hey x, I noticed you did y, maybe we could work together on x"

14. The celeb tweets for money was a great idea, anyone looking to lead that initiative?


Don't wait for Snoop, don't wait for Nelson... make the contact. If we want it bad enough, we'll let as many people know as possible. I personally don't trust we'll just end up on the moon, I believe in this community to do our part.  It's fun to talk about it, let's be about doing it.

It's https://twitter.com/CannabisCoins
@CannabisCoins
and not @CannabisCoin
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions.
by
ared
on 17/10/2014, 07:16:24 UTC
next to bitcoin stand all the weedcoins! ...no other coins matter... all other coins are dumb...there is only bitcoin...and weedcoins!   WRITE IT DOWN!

A pump on every single weed coin tomorrow would be EPIC!


CANN, MARYJ, CCN and THC are all on the first page of bittrex. STV sativa coin is also starting to move up on bittrex. STV now has 1.5 BTC volume!

This is crazy good.


A lot of rich stoners this week!

I honestly dont understand why ppl buy all this other Weed Coins. Cann ist the only One with a solid plan and has this event on Monday. Why then investing in an other one? Do they hope this coins all go up like CANN and they can go in early cause they missed on CANN? But even that makes no sense because CANN is still cheap as hell



CCN is a good one as well. They have a good product (their coding talent) and are active in the community.

and CANN got it all, its not just an ordinairy coin. Cannabiscoin can be used in shops starting at 20th oct ( in 3 days / comming monday ), got 1 of the best dev teams in the cryptoworld and are active in here. And the management team is just pro, also the marketing and the connections they have in the real world

Not forgetting media coverage for the event too, more than 50k registered patients in Arizona will soon learn about CannabisCoin and guess what happens next?  Grin
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions.
by
ared
on 16/10/2014, 15:21:04 UTC
I will donate 100 CANN to anyone who can get down to the dispensary on Monday and buy some Canndy. In return I ask them to video the whole thing and put it on Youtube.

This is fucking history in making. I am in the UK and have been buying cannabis for over 40 years. To actually see someone buy pot for digital money with government approval is mind fucking blowing to me.

Long Live Bitcoin and all ALT coins dedicated to the good of humanity.


For those that missed my giveaway post earlier:

I am giving out 500 CANN for a video, 200 CANN for a selfie & 300 CANN for Patients who take a selfie with their MMJ card, more details below:


Please be there on the First Transaction event @ Herbal Wellness Center, Arizona on 20th Oct 2014!

Film the event and take pictures and tweet it and I will be doing some CANN giveaway!

https://twitter.com/KingAred/status/521781698334175232
On 20th Oct 2014, I will do a $CANN giveaway to anyone who tweets a selfie at the event @ HWC
First 10 gets 200 #CANN each
Use #CANNgiveaway

https://twitter.com/KingAred/status/521782221431001088
On 20th Oct 2014, I will do a $CANN giveaway to anyone who uploads a video of the event @ HWC
First 10 gets 500 #CANN each
Use #CANNhwc

https://twitter.com/KingAred/status/521784277768212480
I will do a $CANN giveaway to PATIENTS who tweet a selfie at the event @ HWC with their MMJ card
1st 50 gets 300 #CANN each
Use #CANNpatient

Cheers!

Lastly, DeltaNine or anyone from the CANN Team... kindly provide the CANN Address for me to donate 10k CannabisCoin for Patients Giveaway on 20th Oct 2014.
I'm sure there are others who will donate too for this cause.

Let's all show some love to the Patients suffering in pain!
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions.
by
ared
on 14/10/2014, 18:28:29 UTC
Potential investor here.

Let's say I own a dispensary in Colorado.  I have as much business as I can handle because, well, legal weed.

Why should I accept CannabisCoin?

I like the idea behind CannabisCoin and the peg, I just need to understand why more than just this one dispensary associated with the dev will want to adopt it.  Why should I accept a coin and sell my weed at a loss in hopes the coin will accrue in value so I can break even.  Why not just use Bitcoin?  Or Darkcoin since it has anonymity.

Thank you.

First of all, by accepting the CANN Peg, you are being part of the CANN Movement. And the goal is to allow patients access to affordable medication.

Secondly, since CannabisCoin is pegged at 1:1, meaning 1 CANN per Gram of Cannabis, CannabisCoin will be a MORE STABLE cryptocurrency than Bitcoin or Darkcoin.
For example, Bitcoin is already accepted by a dispensary in Washington (http://www.coindesk.com/washington-dispensary-now-takes-bitcoin-cannabis/)
Now imagine how volatile Bitcoin can be and as a business owner, if you do not instant-exchange your Bitcoin for Fiat, you might take a big loss the next day.

As for a customer, today he may pay for a gram of Strain A @ 0.05 BTC, since BTC price now is $400, so thats about $20 he is paying for a gram of Strain A.
However, perhaps BTC drops by 10% tmr, then the cost in BTC to the customer has just gone up by 10%, so he now has to pay 0.055 BTC.

Whereas, by using CannabisCoin, whatever the price of CannabisCoin, the price to a customer and the dispensary will ALWAYS be the same since the Peg is 1:1, so 1 CANN per Gram of Cannabis.
Hence, CannabisCoin is LESS Volatile and MORE Stable, a better choice for dispensaries among many other cryptocurrencies out there!

Thirdly, as for selling Cannabis at a loss, yes for the short-term, it is paper loss. Not that I am expecting you to instant-exchange Cannabis for Fiat until at least near parity or at parity.

Lastly, the question now in your head is, then how long do I have to wait for CannabisCoin price to reach parity and while waiting, what do I stand to gain? Simple.
You end up with MORE NEW Customers. Customers that got to know you because of the CANN Peg may end up being a long-term customer. (Think the Groupon effect here, small loss on a single product/service in exchange for new customers)
And once the news spread that there are dispensaries that have adopted the CANN Peg, it won't take long for the price of 1 CannabisCoin to reach parity to the average price of 1 Gram of Cannabis.

Oh and 1 more thing, why should dispensaries get involved with crypto in the 1st place?
Well, blame the banks for being so hostile to dispensaries. The banks do not want to deal with dispensaries and many are unbanked even up to today!

So what's the risk to the cannabis industry by being unbanked which some may ask?
Well, it’s a massive public safety risk where having a lot of cash on site makes cannabis businesses savory targets to and for criminals.
It also creates ample difficulties for doing business on a day-to-day basis where you cannot offer customers debit or credit card services and where paying your taxes and payroll is very, very challenging.

Read more here:
http://www.usatoday.com/story/money/business/2014/08/31/pot-marijuana-industry/13628491/


Post
Topic
Board Announcements (Altcoins)
Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions.
by
ared
on 14/10/2014, 18:05:05 UTC
took profits just incase. bought into MARY jane coin looking good to be the next cann coin

So you buy ANY coin bearing a Cannabis related name? Seriously, did u even ask yourself why you bought CannabisCoin in the first place?

You bought CannabisCoin because it is Asset-Backed by Cannabis, and Pegged at 1 CANN Per Gram of Cannabis which you can start to exchange on 20th Oct 2014 onwards at Herbal Wellness Center, Arizona!

Now tell me, what is Maryj backed by? Hot Air? Or you just pick coins which happen to be cheaper than CannabisCoin in the hope they have the SAME success? Then you are a dreamer my friend.

If you think it's so easy to execute an asset-backed coin, think again, even Potcoin, 1 of the first coin created for the Cannabis industry... isn't backed by ANYTHING to date. No pegging whatsoever!

Once the First Transaction takes place, the real dumping will be every other Cannabis related coins and CannabisCoin will be King and always be the GOLD STANDARD!



Post
Topic
Board Announcements (Altcoins)
Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions.
by
ared
on 14/10/2014, 17:25:40 UTC
Check out some of the events at this years Cannalympics held at Speakeasy Vape Lounge in Colorado Springs Colorado. Filmed by and participated in by SweetLeaf Cannabis Club in Pueblo Colorado.

http://www.youtube.com/playlist?list=PL_9BfHUijl-YpUr-xvu8J6FZkVYmSHmh_

http://facebook.com/SweetLeafClub
http://SweetLeaf.Club

Good stuff!

Please be there on the First Transaction event @ Herbal Wellness Center, Arizona on 20th Oct 2014!

Film the event and take pictures and tweet it and I will be doing some CANN giveaway!

https://twitter.com/KingAred/status/521781698334175232
On 20th Oct 2014, I will do a $CANN giveaway to anyone who tweets a selfie at the event @ HWC
First 10 gets 200 #CANN each
Use #CANNgiveaway

https://twitter.com/KingAred/status/521782221431001088
On 20th Oct 2014, I will do a $CANN giveaway to anyone who uploads a video of the event @ HWC
First 10 gets 500 #CANN each
Use #CANNhwc

https://twitter.com/KingAred/status/521784277768212480
I will do a $CANN giveaway to PATIENTS who tweet a selfie at the event @ HWC with their MMJ card
1st 50 gets 300 #CANN each
Use #CANNpatient

Cheers!

Lastly, DeltaNine or anyone from the CANN Team... kindly provide the CANN Address for me to donate 10k CannabisCoin for Patients Giveaway on 20th Oct 2014.
I'm sure there are others who will donate too for this cause.

Let's all show some love to the Patients suffering in pain!