Exploring Cryptocurrency: Weed edition

in #cryptocurrency7 years ago

I'm pretty much a newbie when it comes to cryptocurrency, but I love research and am interested in weed. My middle child is Autistic and has has seizures. There's been a lot of research into the ways THC and CBD can help people with Autism and about a billion other things. I also know that whatever you can make out of plastic, you can make out of hemp. I see a real, practical use for hemp and weed farming and I think it's a resource that will start becoming more popular.
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What does this have to do with crypto? Well our racist Keebler elf of an Attorney General, Jeff Sessions has set to re-criminalizing weed on a federal level. This means growers, distributors, and dispensers are still pretty wary of putting their money into FDIC backed banks.

Enter crypto. Today, I'm going to look at two weed crypto coins: Hempcoin (THC) and Potcoin

Hempcoin (THC)
hempcoin.org
There's a lot of great information on this website about how hempcoin is working between growers and sellers to facilitate legal transactions. From walletinvestor.com:
According to our Forecast System, THC is an awesome long-term (1-year) investment*. It's important to note that due to the low market cap, THC price can be easily manipulated.
Q&A about THC projections.
At Walletinvestor.com we predict future values with technical analysis for wide selection of digital coins like HempCoin. If you are looking for virtual currencies with good return, THC can be a profitable investment option. HempCoin price equal to 0.335 USD at 2018-01-22. If you buy HempCoin for 100 dollars today, you will get a total of 298.936 THC. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-01-21 is 8.897 US Dollars. With a 5-year investment, the revenue is expected to be around +2559.57%. Your current $100 investment may be up to $2659.57 in 2022.
Current Price
0.335 USD
1-Year Forecast *
▲ 2.099 USD
5-Year Forecast *
▲ 8.897 USD

Potcoin (POT)
potcoin.com
This is a very user-friendly website that seems to be more focused on medical use (rewards for prescription purchases etc), however walletinvestor.com doesn't give it as positive of an outlook as hempcoin:
"Should I invest in PotCoin CryptoCurrency?" "Should I buy POT today?" According to our Forecast System, POT is a good long-term (1-year) investment*. It's important to note that due to the low market cap, POT price can be easily manipulated. Q&A about POT projections.
At Walletinvestor.com we predict future values with technical analysis for wide selection of digital coins like PotCoin. If you are looking for virtual currencies with good return, POT can be a profitable investment option. PotCoin price equal to 0.2092 USD at 2018-01-22. If you buy PotCoin for 100 dollars today, you will get a total of 477.944 POT. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-01-20 is 0.481 US Dollars. With a 5-year investment, the revenue is expected to be around +130.04%. Your current $100 investment may be up to $230.04 in 2022.
Current Price
0.2092 USD
1-Year Forecast *
▲ 0.261 USD
5-Year Forecast *
▲ 0.481 USD

So while it looks like both coins will make you money, hempcoin will make you substantially more money. I'm planning on stashing a little hempcoin away every now and then, partly because I think it will be a good investment, and partly because I'm looking to open my own dispensary one day and I want to support the community.

What do you think, steemians? Are you interested in hempcoin or potcoin?

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