Come Ride the Paragon

Cryptocurrencies MOST Exciting CryptoCoaster

If you’re into marijuana cryptocurrencies then you’ve probably heard of Paragon (aka Paragon Coin). Jessica VerSteeg, CEO of Paragon, has been reported as to “fleeing the United States”.

Doesn’t sound good, does it?
Well, it isn’t.

VerSteeg, 32, b. Sept. 14, 1987, was crowned Miss Iowa in 2014. She’s a known model and is a popular American entrepreneur… well, for the wrong reason but popular none-the-less.

Now, crypto prices fluctuate I understand this, however, watching Paragon prices just seem a little… peculiar (putting it mildly). In fact, on New Years Eve in Germany people went to bed at $0.30 per coin and woke up to it being valued at ten bucks. What the…?

This isn’t the first time we’ve seen Paragon skyrocket in price — only to crash and burn a short time later. Paragon keeps on going. They’ve been taken to court, sanctioned by the SEC and still see a 6800% price rise on the Russian exchange YORBIT…? (say what???)  YORBIT currently has ParagonCoin above $2.25, however, American exchange CoinMarketCap.Com has Paragon listed at around twenty-five cents.

Screenshot_2019-10-11 Paragon Coin - Google Search(1)

ParagonCoin — PRG

Don’t get me wrong, I love a good drama, especially in “real-time”. And since I have NOT invested in Paragon, I can enjoy it that much better. I was close, I was close. No doubt. Something told me to hold off. Glad I listened to that little voice.

The marijuana cryptocurrency is in stress as it is, and then this happens? However, instead of it being a tool used against marijuana cryptocurrency and cryptocurrency in itself, it was used as an example and a keystone to improve and enforce of “what NOT to do” and “what is NOT allowed”. After the SEC sanctioned Paragon, it sees a 6800% price increase on the Russian exchange Yorbit. It seems investors in ParagonCoin went to sleep New Years Eve and then woke up to this marijuana cryptocurrency rise from thirty cents to ten bucks! WHOA!

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So, let me get this straight. After all the court cases and legal battles, sanctioned by the SEC, fleeing the United States & ParagonCoin still rises 6800%… from thirty cents to ten bucks?

Something Shady

Come on… you got to be kidding. Right? How is it that ParagonCoin is still in operation? And on top off that, see a 6800% rise in price?

Let’s not forget that rapper, The Game was thrown under the bus by Lavrov & VerSteeg. It wasn’t until recently that rapper, The Game was cleared and found not only innocent of any wrongdoing, but called a victim instead.

Lavrov & VerSteeg have now fled the US and terminated most of their social media accounts. It has been reported that the couple may have fled to a small town or village where Lavrov grew up. This is unconfirmed since Lavrov was born in Moscow.

Lavrov is reported as to be living currently in the Dominican Republic and still operates business in:

  • Miami, Florida
  • Madrid, Spain
  • Panama City, Panama
  • San Juan, Puerto Rico
  • Lima, Peru
  • Guayaquil, Ecuador
  • Petion-Ville, Haiti

I suggest, without any proof and/or evidence, that Mr. Igor Lavrov is being watched very, very closely by the proper authorities.

 

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.

420 CRYPTOS: Not Trusting Paragon Coin… not just yet

Researching Paragon Coin

To be honest, I have only invested in PotCoin when it comes to Marijuana Cryptocurrencies. Mainly because it was easy to invest in PotCoin by simply going to Www.PotWallet.Com and getting an online wallet.

420 Cryptos does NOT recommend keeping a large investment on an online wallet no matter who that online exchange may be. 420 Cryptos recommends keeping your cryptocurrency on a Nano Ledger.

What’s been Discovered on Paragon Coin?

So far, I’ve discovered that Jessica VerSteeg, is not only the CEO of Paragon but she was also crowned Miss Iowa, she appeared on “Amazing Race” (S28) which aired on CBS. Paragon Coin has seen it’s fair-share inside of a court room these past few months. Looks as though Paragon Coin is keeping its head-above-water as well as keeping its nose clean. Being charged with fraud is an ugly thing.