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Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions.
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.
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.
I would agree IF a LOT of dispensaries were accepting CannabisCoin. I want to know WHY dispensaries should accept CannabisCoin. Because if they don't, then the peg won't matter in the medium to long run.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.
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.
Most dispensaries already have plenty of customers. There's no reason for them to accept a coin that will result in them getting more customers which would cause them to lose money on every transaction.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.
CannaisCoin has to hit the tipping point with dispensaries. I want to know how and why that is going to happen and I haven't heard the answer yet. I do hope there is an answer though as I'd love to get on board.
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, its 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/
Agreed. But why should I use Cannabiscoin at a loss over Bitcoin with its sider adoption or Darkcoin and its anonymity?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, its 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/
After reading your post, and having followed this thread for the past month or so. Every single one of your questions have been answered if you had bothered to read the past pages. Dispensaries will be accepting 1cann for 1gram, if you are stupid enough to not believe that will continue to happen after the first transaction, then great, don't go buy $5 worth of coin now and be able to get a bunch of grams. Not our problem. You should use Cannabiscoin because it is backed at 1:1 ratio, dispensaries WILL ACCEPT IT so that's your stability, price will not flucuate like btc, which also means businesses can store their CANN in wallets (or however they want) without fear to come back the next day and see all their CANN they own halved in value. You would sell grams for 1 CANN at a loss (initially) for promotion to yourself, and the coin, which will eventually reach parity, even with that, there is still a limit to how much CANN you can use in dispensaries a day, for obvious reasons.
Seriously, if you really care about the information you took time to type up, either contact the Dev, or READ.
Furthermore... accepting a loss for early transactions, if dispensaries hold their CANN till parity, they lose nothing....
Re: [ANN][LSD] Lightspeed | NIST5 PoW/PoS - September RoadMap released!
Seems like LSD is at the bottom now..
Wrong Sub 7K will be the floor for tonight
https://i.chzbgr.com/maxW500/8314072064/h64157ED2/
This made me laugh.
The price of this coin is so high it was tripping bro. It came to the reality "I'm so high... I need to be lower."
Re: [ANN][LSD] Lightspeed | NIST5 PoW/PoS - September RoadMap released!
One, this thread makes me laugh.
Two, FUD doesn't care about long-term price, lol, they will move to another. No buy support scares me though.
Three, Uh oh, I have 14 posts, I must be USB Coin dev.
I feel sorry for you pity pity pity pity you do not suffer those who contributed to condemn these people friends if you do not believe you will see from your hand, explains how they all believed in three of the five bandits !!
See how man teases you with that tomorrow will be 10 times, and there will be those among you saying sorry to see the look of the admin effort has been made whether to believe serenely quiet !!
#LSD
Ty.
See how man teases you with that tomorrow will be 10 times, and there will be those among you saying sorry to see the look of the admin effort has been made whether to believe serenely quiet !!
#LSD
Ty.
Two, FUD doesn't care about long-term price, lol, they will move to another. No buy support scares me though.
Three, Uh oh, I have 14 posts, I must be USB Coin dev.
Re: [ANN] Halcyon - x15 POS - Roadmap - Infographic - Decentralzd Peersend NOW!!
Wow. People are responding to the news like they did with Apple today. lol A little dump just now.
I think people expect instant gratification on the release of news, and become impatient when the price doesn't raise so fast.
I have requested for ATCSECURE / mr. Metcalf to review the transaction system and verify its security, we may have his comments tomorrow.
I think I have proven myself an honest developer for meeting my target dates, and I will continue to meet promises. Halcyon with PeerSend deserves a higher marketcap, and I believe a more professional image is the magic key here.
Back to working on website...
I'm not, that was a different review. I'm guessing verification that the program is actually anon. The previous review I believe was other separate coding.
Re: [ANN] Halcyon - x15 POS - Roadmap - Infographic - Code Review * PeerSend Today *
I'm sorry, but judging the stability of a coin by a 24 hour window is pretty retarded.
If you would have read my entire post, you would see that I said there has been one 8k dip in the past 2 weeks, no other major dips. Learn to read before talking shit.
And I disagree, I say someone coming out of the blue telling a dev team they did something wrong when their coin price is worth more than any coin you can ever make is pretty retarded.
Re: [ANN] Halcyon - x15 POS - Roadmap - Infographic - Code Review * PeerSend Today *
http://puu.sh/bsccE/b3909e321d.pnghttp://puu.sh/bscwS/1f5b23ba0b.png
http://puu.sh/bscgw/c0cc056abc.pnghttp://puu.sh/bschP/f7ef88f446.png
http://puu.sh/bscje/157f2a78cc.png
Looks like today's release is just the beginning. Some big features coming up this week into next, capped off with a press release on the 22nd.
Bear traps?
http://puu.sh/bscgw/c0cc056abc.pnghttp://puu.sh/bschP/f7ef88f446.png
http://puu.sh/bscje/157f2a78cc.png
Looks like today's release is just the beginning. Some big features coming up this week into next, capped off with a press release on the 22nd.
Bear traps?
What a noob mistake from the "developer". This is not how you pump a shitcoin. The anon solution should've been the last one to release. This way the coin would've been pumped for more days...
Uuugh... do i really need to teach you ?
1: Or maybe the dev team wants innovation, not price fluctuations. People complain they want a dev team in it for more than money then some FUDster comes in and bullshits they chose the wrong day because he wants to make more money.
2: They have a coin worth 55k satoshi, stable, but still rising, they don't need you to teach them anything.
No, he's posting this road map with unrealistic dates because he wants to keep the momentum of pump alive. The thing is that the anon feature should've been released the last. That's all. He learned some things from vericoin, but he did a little mistake.
"They have a coin worth 55k satoshi", stable. Stable ? LMFAO
I'd consider a coin between +5% to -5% the past 24 hours pretty stable. Where's your coin that's worth 55k?
Look at the chart bro, there was 1 major dip the past 2w FUDster. Sell and make your own coin then.
Re: [ANN] Halcyon - x15 POS - Roadmap - Infographic - Code Review * PeerSend Today *
http://puu.sh/bsccE/b3909e321d.pnghttp://puu.sh/bscwS/1f5b23ba0b.png
http://puu.sh/bscgw/c0cc056abc.pnghttp://puu.sh/bschP/f7ef88f446.png
http://puu.sh/bscje/157f2a78cc.png
Looks like today's release is just the beginning. Some big features coming up this week into next, capped off with a press release on the 22nd.
Bear traps?
http://puu.sh/bscgw/c0cc056abc.pnghttp://puu.sh/bschP/f7ef88f446.png
http://puu.sh/bscje/157f2a78cc.png
Looks like today's release is just the beginning. Some big features coming up this week into next, capped off with a press release on the 22nd.
Bear traps?
What a noob mistake from the "developer". This is not how you pump a shitcoin. The anon solution should've been the last one to release. This way the coin would've been pumped for more days...
Uuugh... do i really need to teach you ?
1: Or maybe the dev team wants innovation, not price fluctuations. People complain they want a dev team in it for more than money then some FUDster comes in and bullshits they chose the wrong day because he wants to make more money.
2: They have a coin worth 55k satoshi, stable, but still rising, they don't need you to teach them anything.
Proof of Developer has been posted. Thank you CryptoAsian for your hard work and dedication to making crypto better!
Proof of Developer : http://cryptoasian.com/shibe-shibecoin/
Proof of Developer : http://cryptoasian.com/shibe-shibecoin/
After CryptoAsian's POD post for SHIBE on Twitter last night, I'm now a bagholder.
5 satoshi was way too good to pass up. Perhaps others will realize dev is being quiet for a reason 
Re: [ANN] ETHAN - New Wallet | Stealth Addresses | Encrypted Chat | ethancoin.info
Avoid these sluts too.
Enjoy while it lasts. Ban yourself from Twitter on the way out please, fucking bitch.
Pebbelzz @Pebb3lzz · 21h
$ETHAN still going strong, @AltcoinAlerts tips are the real deal, get in the insiders group and get great tips like this all the time
https://twitter.com/Pebb3lzz/status/508718603416649728
Check the re-tweets from the same psycho fucker behind all these accounts. Fucking cunt!
Someone's mad they lost out on the bubble ;(
Re: [ANN] ETHAN - New Wallet | Stealth Addresses | Encrypted Chat | ethancoin.info
Avoid these sluts too.
FUD driving thread off-topic to drive down price. Nice move.
Re: [ANN] ETHAN - New Wallet | Stealth Addresses | Encrypted Chat | ethancoin.info
All talks about SuperNET are highly confidental and we cannot say anything at this moment. Please don't ask about SuperNET.
ATTENTION:
ETHANcoin will be integrated into SuperNET network. This confidential information leak got passed around until it was finally brought to the attention of SuperNET's dev.
FYI More on SuperNET:
https://bitcointalk.org/index.php?topic=762346
Just to give you a general idea: All coins added to SuperNET are guaranteed pumps. VRC was added yesterday and saw 100% increase in value.
ETHANcoin MOONBOUND!!!
If everyone didn't blindly follow the pack, you'd realize that the post is not deleted... FUDsters
Re: [PRO] PAYPROCOIN + VISA PREPAID CARD | 5 STAR+ POD | 200 MIL CAP | UPDATES 31/08
Payprocoin will be moving soon, add some coins now or regrat later.
placebo
i wake up and read you post
but you the one dreaming
you spell regret wrong on you post
you regret spell check
at least you stfu about ethancoin finally
payprocoin not going anywhere
unless developer fix the wallet
and unless developer fix the mining
fix wallet because sync from block 0 is not always working
fix mining because block times are bad after big pools mine
you going tell me leave again
and yell fud on me
and tell me dev is fixing
but i don't pump
and i don't dump unless i need to drop price to get attention of devs
and dev should fix
lots of pro coins keep dumping on exchange
new sha256 coin is coming in place already
merchants watching payprocoin 3 time scam
will go away to new coin
keep dreaming about your pump
dump will go on to 10 sat and then delisted exchange again
regards darren palmer
you try again but not enough yet
Love the FUD that can't spell or use proper grammar, then says your spelling is wrong, but he can still complain.
Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions.
why don't you all just stop feeding it. ty
Yeah, that would probably be the best soulution.I'm not feeding his trolling.
I simply wanted to declare that, as a CANN investor, I was not happy both with how Sushi was treated and with how he trolled the thread. I also wanted to reiterate that before he was ridiculed and turned to trolling, he asked some legitimate questions that I too would like to see addressed when the CANN team has some time.
I know that there are several pictures in the OP and on the website, but you have to admit that they are quite generic. Any further details or documentation regarding the CANNdy grow that is currently in progress would be much appreciated.
You're still under the illusion that Sushi has something to offer.
He does not.
He wants more proof from Dev and yet doesn't provide proof of his "up to" 500 coffee shops.
Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions.
He only started acting like a troll, which I admit is not honorable, after people in this thread began to belittle him for asking questions about the grow & suggesting that the CANN team post a video or some more pictures.
This is crypto and I understand that both dev teams and investors need to be assured of legitimacy before investing a lot of time/energy/money into something. But that skepticism can not turn into needlessly slandering/trolling each other. We have to find a way to compromise.
Perhaps the CANN team has enough on its plate and doesn't at this time need to explore additional adoption opportunities, but I'd like to see us try again.
This is crypto and I understand that both dev teams and investors need to be assured of legitimacy before investing a lot of time/energy/money into something. But that skepticism can not turn into needlessly slandering/trolling each other. We have to find a way to compromise.
Perhaps the CANN team has enough on its plate and doesn't at this time need to explore additional adoption opportunities, but I'd like to see us try again.
You have to be careful identifying yourself, your team, or your methods when it comes to MMJ.....
And I'm fueling the FUD with a response to give hope to some CANN investors, I've been here to stay. YesWeCANN
The most suspicious coin on the web.. this coins gives me a bad feeling.
Yeah, Dev posts nothing but Conspiracy stories no one cares about. So we have to sift through the topics here (which are offtopic from the COIN) and the posts on Twitter. Therefore, no one cares about CYC anymore. His own twitter and this thread is spammed with stories.
The thing that gets me is that they quit their job and work on this fulltime, and know that these stories are annoying people, making them sell, and keeping the price down, it's obvious. The real question is, what is in store for CYC? What are they sitting on that they can risk being de-listed on MintPal and provide no new updates for days on end? I'm already at a huge loss with this coin and selling now would be a horrible choice.