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Thehempcoin

THC has successfully broken out!I've been charting THC for quite a while now. Granted I started with nothing and taught myself almost everything I know from studying and learning from others. Nevertheless, it seems we have finally broken out of this downtrend. Now that BTC has somewhat stabilized, THC has risen slightly back to where we once were. We saw a massive drop from out max of about $0.70 to the current price at about $0.16. However, the team has a ton going on in the backend. I know we still have a lot to make up for but we are trying to do our best and bring this coin to the forefront of the industry! This week alone we are going to be appointing community ambassadors so we can help ensure that if any users have questions, that we will have the answer, and it wont matter where you ask, you should be getting the same answer (or close) along the board. Placing members in positions like this are in hopes of improving the coins image and also ensuring that we keep the coin clear of pump&dump groups while also fighting to make sure that we are not surviving on rumors, we have lots to offer and want the community to see that, however it all takes time. Also, in case anyone is not aware, recently (Feb 1st.) I was added to the official development team of @thehempcoin as the community manager. Obviously this makes me quite biased towards the coin, but I try my best to keep this clear of any bias, and only point out the trends I see. I hope everyone still does their research, but hopefully we can see you as investors soon :) Have a great day!
by zacharyd3
THC looking to be finding its supportOver the past few days, #THC seems to have fallen pretty drastically, this is mainly due to three reasons. 1. The Pump and Dump groups that had been sitting on #THC for a while had decided that when the new is announced on the 26th, that would be their dump day. You can even see it starting to drop earlier on in the day from P&D guys selling early. 2. The team put out 3 announcements, the first being their 2018 roadmap, the second was some more information about their masternodes and the last being the official fork date of Feb, 23rd. People saw this as missing a deadline when really, it was the team doing the right thing and admitting they needed more time and didn't want to underdeliver. 3. BTC had another drop in pricing, causing people to panic and sell their #THC before doing their research and finding out exactly what was going on. All these events, coupled together has brought THC to a price that we haven't seen in quite a while. However, we can't forget, the team is still going to release their whitepaper and their new website soon, and these should both be providing a bit more support and even a slight boost. Currently, #THC is still looking to be in a bit of a downward trend, however, it does seem to be gaining resistance and support slowly. I'd say it will probably continue to fall a bit more, or possibly stabilize where we are. If so, even buying in now should reap some pretty massive rewards in the long run. #Hempcoin has been a great way to quickly increase your profits, however, with all the news and plans the team has for 2018, I don't doubt #THC will become much more of a long-term hold!
Long
by zacharyd3
Upcoming THC BreakoutIf I'm reading this chart right it looks like THC could be poised for another breakout later today. The BTC Crash hit THC pretty hard but it ususally seems to jump back up mighty fast. If so, we might even see it rebound back upwards sometime later today/tommorow for a quick profit. Buy in now and just wait for the rise. There is also plenty of good news coming from thier twitter, showing that they are hard at work to improve and update this coin with a rebrand and fork soon too! Since THC is only traded on bittrex, which has closed off registration. You can also look for a nice bump in pricing when bittrex is opened up or we are added to new exchanges, there have been many interested parties but due to the closure of bittrex registration all those who are waiting will pile in once they open which would be great news for the coin!
Short
by zacharyd3