PotCoin(POT) A Priviledge for The Marijuana Industry
Buying, Selling and Trading
Just go to http://www.potcoin.com/ and there is option there to buy and sell PotCoin. There is also advantages for individuals as well as business merchants. PotCoin market cap is now 68.67 M USD with a volume of 24H of 7.33 M USD. Its price in Bitcoin is 0.00001832 BTC and 0.3275 USD. It is not as cheap as HempCoin or DopeCoin but it will be worthwhile to stock up the coins for future boom in price. This link https://coinmarketcap.com/currencies/potcoin/ is also useful for buying PotCoins. PotCoin can be traded online at numerous digital currency exchanges for Bitcoin, Litecoin, Dogecoin and Darkcoin. As of November 8, 2014, Cryptsy accounts for 91.7% of the trading volume, Bittrex 8.12% and seven other exchanges contributing towards the other 0.18% of trading volume. In 2017 the exchange Poloniex accounts for 83% of the trading volume and Bittrex could gain up to 16%. There are also sites that facilitate private and local trades with LocalPot being a notable example.
PotCoin Wallet
A PotCoin cryptocurrency wallet is used to store, send and receive PotCoin and is the equivalent of a physical wallet for transactions. Addresses are generated with a private key which can be used to redeem wallet contents and a public key which must be used by the payer to send PotCoins to the payee's wallet. The public key is a unique identifier of 26–34 alphanumeric characters and is commonly known as one's address. PotCoin wallets can be desktop software or mobile application or can be hosted on the internet. The link is http://www.potcoin.com/wallets and the user interface is very simple. One can easily understand what is required and take the steps accordingly.
Image citations & Article Sources
PotCoin
http://www.potcoin.com
BitTrex
https://bittrex.com/Market/Index?MarketName=BTC-pot
PotCoin wiki
https://en.wikipedia.org/wiki/PotCoin
Crypto Exchange Insider
http://cryptoexchangeinsider.com/insight
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I bought some pot coin for a friend. Hes balls deep into it, but i grow it, so yeah
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STOPcool idea of adding weed and crypto! kinda like our community here on steemit! love your content hope you check mine out as well @dab4dab!
As far as I am into cryptocurrency and weed I must admit potcoin caused mixed feelings in me. I bought some coins [few months ago] but basically due to low volatility I sold them fast. Coin not very good for traders.
On the other hand I thought: „Well maybe its much better to buy things over internet that are connected to marijuana culture using potcoin?”. But lets think twice on that. I can do same thing simply using bitcoin or other crypto. I do not need to store potcoin in order to make any online purchase. Beside in many countries weed is fastly growing market being more or less leagal but still I can use regular cash [which in most cases is easier and much more convenient plus for most people simpler and more understandable way] to buy my product.
Because of that fundamental „obstacles” I think this coin wont be super popular and its only addition to our 420 smokers community :)
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