Tokes

A Good Bet on a “rather new”  Marijuana Cryptocurrency?

— Of all marijuana cryptocurrencies, Tokes is one of the few that’s doing rather well. Compared to the other cannabis related coins, Tokes is looking as though it ranks supreme. —

Screenshot_2019-04-09 Coin Research Platform Coin Market Overview Coinpaprika

Here are lists of the most common marijuana cryptocurrencies.

ATTN: Some may not currently be available on most digital asset exchanges.

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What’s Special with Tokes?

The head honchos over at Tokes are addressing a problem that has to do with banking. Most banks and credit unions will not take in US dollar currency because marijuana is illegal on a federal level. Banks will not take in funds that are associated with an illegal product. Make sense? That’s where Tokes wants to step in.

Wait a minute, these guys don’t want to stop there. They have other plans going on in their heads. Such as developing a Medical Marijuana Enterprise (MME) and rule over the medical marijuana market. I mean, might as well…right?

An interesting aspect that caught my attention is that Tokes wants to lobby politically on behalf of Tokes non-profit section of the business for the marijuana industry. They feel they can enhance the quality of products by becoming as transparent as possible. This includes working with communities to learn more about marijuana and make aware of how socially acceptable it has become.

Still Doing the Research

Screenshot_2019-05-19 Has Gender Dysphoria Run Amok

I am not a financial advisor. This is not financial advice. This is for entertainment purposes only

I’m still doing my research on Tokes and the platform that they have running. Tokes is now worth $0.137914 at the time I’m writing this article. It’s worth way more than PotCoin, HempCoin, Paragon, DopeCoin, and Cannabis Coin added together.

I’ve been thinking.
Once again it has to do with the whole “best-use-case” scenario I’ve been bringing up in previous articles. Former President Bill Clinton is an XRP investor. He recognizes that XRP is the greatest digital asset ever created. That’s because XRP has a pretty good best-use-case and that, my friends, is speed. Bill Clinton knows where the money is at.

The time it takes BitCoin and most other cryptocurrencies to complete a transaction, which is usually between 30 minutes and three hours, takes Ripple/XRP just seconds.

If marijuana were to become legal and Former President Bill Clinton were to take up farming hemp, cannabis & marijuana. What’s stopping him from using XRP to handle his agriculture expenses and not investing in and using Tokes?
What’s the benefit in using Tokes for the hemp agriculture industry? Will the marijuana industry accept non cannabis related coins and tokens?

More on this.

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Beelzebub.Rocks — The Devil’s Advocate — Conspiracy Humorist

HempCoin [THC]

The Twenty Minute, Half-a-Cent

Price Spike

Did you miss that?

I’m guessing a lot of investors missed the fact that HempCoin [THC] more than doubled in price for about twenty minutes only to fall back to an even lower price before the price spike occurred. I couldn’t believe what I was seeing. I missed the price spike by about four hours but that’s okay I’m not currently an investor. I’m a BIG fan of HempCoin I just haven’t gotten around to it.

I am not a financial advisor.
This is not financial advice.
This is for entertainment purposes only.

It seems that HempCoin’s market cap got a sudden boost. Well, actually three to be exact. The third boost was soon after the price of HempCoin took a massive nose-dive falling just short of its original price of around $0.0041. For about twenty minutes HempCoin experienced a half-a-cent price spike causing it to more than double its value to around $0.0122.

This is fairly new news, it happened four hours before it got my attention.

I hope this isn’t anything like what Paragon Coin experienced when its sudden and short price spike occurred. Investors thought something wasn’t right and many complained. Paragon Coin is no stranger when it comes to court proceedings.

Many investors are true to HempCoin because they understand that they are committed to serving the needs to not only the Marijuana/Hemp Industry but the Agriculture/Farming Industry as well. HempCoin has been in business since 2014 and is built on the source of Bitcoin. HempCoin is designed to be used in licensed Marijuana dispensaries and the entire trade business when it comes to Agriculture/Farming.

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HempCoin was founded in 2014 along with 30 other cryptocurrencies.

Like most marijuana cryptocurrencies, HempCoin has had it share of “ups & downs” — literally.  HempCoin had its first outstanding rise in price on January 7, 2018 when it hit $0.6218 when just a year earlier on January 2, 2017 HempCoin was at $0.0004122. Sometimes, on occasion, marijuana cryptocurrencies experience a huge price spike but they quickly go just as fast as they come and if you’re not alert you could miss a huge payout. By December 1, 2018 HempCoin was just above one cent in price.

With that being said, some investors probably can’t help but think that something doesn’t seem right. When a price spike happens, similar to the one HempCoin just experienced, any curious and concerned investor would like to know what happened — that’s smart business. We’re not talking gossip around a kitchen table, this is money. Especially after what happened with Paragon Coin, which is headed by the former Miss Iowa Jessica Versteeg who then teamed up with infamous rapper The Game. Not that they are shady people at all, I just don’t want to happen to HempCoin to what happened with Paragon Coin.

HempCoin 20 Min Spike

Early Saturday morning the volume of HempCoin hit one million. Fifteen hours later it falls to 225,000…? What? Is that normal?
Unfortunately, yes. As shady as it may look, an investor (or investors) decide to sell a huge stake of HempCoin this may in fact affect not only the volume, but the market cap and its price of value as well.