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CannabisCoin Review

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Revainrating 3 out of 5  
Rating 
2.9
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Description of CannabisCoin

CannabisCoin (CANN) is a cryptocurrency . Users are able to generate CANN through the process of mining. CannabisCoin has a current supply of 91,859,175.532608 with 77,231,175.532608 in circulation. The last known price of CannabisCoin is 0.00644102 USD and is down -1.94 over the last 24 hours. It is currently trading on 1 active market(s) with $0.00 traded over the last 24 hours. More information can be found at http://cannabiscoin.net.

Reviews

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Type of review

Revainrating 3 out of 5

All you need to know about CannabisCoin.

CannabisCoin was designed at a period when Bitcoin was just getting started to enjoy widespread acceptance. CannabisCoin is a cryptocurrency based on the blockchain. In comparison to Bitcoin, it has certain changes to the Bitcoin system but is instead a decentralized digital money. Marijuana-using people of all ages are the target audience for this cryptocurrency, including those who use it for recreational and medicinal purposes as well as for academic and research objectives. Unlike other…

Pros
  • It is possible to mine it.
  • Increasing mainstream understanding.
Cons
  • Low market cap.
  • Lack of adoption in the market.

Revainrating 2 out of 5

CannabisCoin is currently a listed project on YoBit One Exchange.

The CannabisCoin project is a digital money distributed to the Cannabis community. There are also temporarily approved parts and the Dispensary has been tested. Inersener also reported that 1 coin would be practically identical to 1 gram of cannabis. The project is managed by the organization's cash, which includes industry experts, cannabis manufacturers and drug users. However, placing assets in a situation where you are not encouraging weeds is not the most attractive coin, but this can be a

Pros
  • This is an old cryptocurrency sent in 2014 as a response guide for weed sellers.
  • The platform was created as a payment solution for drug dealers.
  • The project is to facilitate operations for medical drug dispensaries.
Cons
  • Low growth.

Revainrating 3 out of 5

Cannabis coin platform.

can be said to be one of the few different cryptos aimed at the marijuana industry. The project is to ease transaction for medical marijuana dispensaries. The cannabis is also said to be a peer-to-peer crypto-currency which is registered and enables them sell marijuana in regions where it is lefa Like bitcoin and eventually most crypto-currencies of this time, cannabiscoin is a platform which uses the proof of work model. The platform has helped in countries that accepts marijuana and for

Pros
  • Fast transaction and easy payment
  • They have low liquidity and trading volume
  • Scability and security rate
Cons
  • It has high value rate
  • The platform is only used in where marijuana is accepted.

Revainrating 3 out of 5

The first cryptocurrency on drugs.

It is an old cryptocurrency that was dispatched in 2014, planned as a payment solution for weed sellers. The developers had expressed that 1 coin would be comparable to 1 gram of cannabis. The currency stays is driven by the network, and its team comprises industry experts, cannabis producers, and patients who utilize the drug. Be that as it may, it isn't the most intriguing coin to put resources into in case you're not keen on weed, yet it might end up being a decent long haul venture…

Pros
  • It is mineable cryptographic money.
  • No costly equipment required.
  • Payment solution for the weed sellers.
Cons
  • CANN currently has no trading volume.
  • Users of CannabisCoin Wallet are quite low.
  • Since the legalization of cannabis is very low worldwide, the project is somewhat stalled.

Revainrating 4 out of 5

Don't let it distract you guys. That's really a bummer. You can always start…

Don't let it distract you guys. That's really a bummer. You can always start again and maybe post your address for donations. There is so much potential and upcoming developments for CannabisCoin that I personally would not want you or anyone who supports it to miss out. The good thing is the diff is low right now and also easy to obtain from exchanges right now that it's probably the BEST time to obtain and hold some for yourself. This period in time for CannabisCoin is the "distribution'…

Pros
  • Also I finally got the CANN wallet on my android and so far syncing is going pretty good, i will keep it open as much as possible for future block updates that will ultimately will be needed. OMFG, I never knew this feature existed until the person I want to use it on just told me. Thanks for doing one positive thing! The whole idea behind the poker concept is to keep the CANN poker players in CANN. For example say i want to go and play on Seals, but i don't have enough BTC on hand, only CANN. At that point i would have to go on bittrex, turn my coin into BTC, and then finally get to play. If i even want to after that entire process)I'm not talking anything huge, just a private hub for CANN poker players to get high and gamble with their currency of choice
Cons
  • Bought into this coin 3 days ago and also mining now. Looks promising, for any new investors visiting this coin should really show the pod LOGO on OP - as you have it, flaunt it! Coins parked in my wallet for long term.

Revainrating 3 out of 5

According to their FAQ they never request payment to list coins . They only…

According to their FAQ they never request payment to list coins . They only list coins base on several acceptable criteria. after months once a post from CANN Moderatorand then also such an informative. I'm still new in the world of cryptocurrencies - and would not invest in Projects, i would not a 100% believe in. It is awesome, that there are peoples out there in that early bird market, thinking of what would be helpful in reality and invest a lot of their time into it. And to the end, the

Pros
  • Gonna be huge for all legit projects. CANN has an opportunity that only occurs once in a lifetime. Either be on board doing the right things to make it happen or it withers away. Plain and simple. I've been holding CANN since it's inception so you know I'm hopeful. Hang on, hope is what got me here in the first place. I'm not in for fast profit even thought. i'm hoping i could get some profit in month or two, but i'll def. not sell everything, max 1/2 of my holdings if i'll need fiat. I've only described the situation why i get angry quite easy lately. Also i'm not into daytrading.
Cons
  • Price was about 3000 sats, now is about 2400-2500 after sellout of about 3m coins. So think what gonna happened if it break 3k sats again. I hate buying alts now and even I took a small shot with this one. I like the thought of digitally mining a commodity. These guys seem legit so this project is worth it I think. Maybe not go crazy though, ya just never know. But if you are here, now, and don't hold any, take a look at the project and rethink it.