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Title: Is 42 *really* gonna be worth 500,000 someday? Post by: jongameson on January 21, 2014, 07:27:05 PM ballsy prediction, but 21,000,000 divided by 42 = 500000 :o
Title: Re: Is 42 *really* gonna be worth 500,000 someday? Post by: cfrm on January 21, 2014, 07:42:02 PM Short answer, no.
Title: Re: Is 42 *really* gonna be worth 500,000 someday? Post by: jongameson on January 21, 2014, 07:42:42 PM why not? even after all coins are mined
Title: Re: Is 42 *really* gonna be worth 500,000 someday? Post by: tolega on January 21, 2014, 07:42:50 PM ballsy prediction, but 21,000,000 divided by 42 = 500000 :o I got a better scheme! Listen up 1. Make the POINT1 Coin. There will be a total of only 0.1 P1C 2. 21,000,000/0.1 = 210 million 3. ?? ?? 4. Profit Title: Re: Is 42 *really* gonna be worth 500,000 someday? Post by: jonanon on January 21, 2014, 07:46:20 PM why not? even after all coins are mined Because it is an unnecessary coin that is purely a gimmick - we have Bitcoin already - and some serious alts - this coin is poor :(Title: Re: Is 42 *really* gonna be worth 500,000 someday? Post by: jongameson on January 21, 2014, 08:00:35 PM i wanted to make the "OneCoin"
where only 1 coin is ever mined Title: Re: Is 42 *really* gonna be worth 500,000 someday? Post by: R2D221 on January 21, 2014, 08:13:10 PM ballsy prediction, but 21,000,000 divided by 42 = 500000 :o I got a better scheme! Listen up 1. Make the POINT1 Coin. There will be a total of only 0.1 P1C 2. 21,000,000/0.1 = 210 million 3. ?? ?? 4. Profit You can't say that a coin is worth 210 million (or any other value), if 1 full coin doesn't even exist. It's like if I said that the gold planet is worth a quadrillion dollars if such planet doesn't exist. Title: Re: Is 42 *really* gonna be worth 500,000 someday? Post by: feomat on January 21, 2014, 08:41:23 PM Those genious mathematics who make those equations think that an absurd minimal amount of coins make it very valueable...
It will simply not gonna happen. Title: Re: Is 42 *really* gonna be worth 500,000 someday? Post by: porcupine87 on January 21, 2014, 08:45:12 PM ballsy prediction, but 21,000,000 divided by 42 = 500000 :o no. What makes Bitcoin valuable? It is not just that there is something with only 21mio. units. My 21mio. units of shit are worth nothing... Title: Re: Is 42 *really* gonna be worth 500,000 someday? Post by: singula on January 21, 2014, 09:54:19 PM ballsy prediction, but 21,000,000 divided by 42 = 500000 :o BTC: Now mined 12M, adding approx 1.3M per year (halving every few years) 42: Now mined approx. 1.4 coin, adding approx 31.55 per year (block reward never drops and actually in 16 months there will be more than 42 coins mined in total) If 42 and BTC will reach equivalence in market cap right now, you'll get about 8.5M BTC/coin (but that really won't happen, just a theory) In one year, 13.3M BTC vs 32.5 42 will get rate 400K BTC/coin if market caps would be equal. Year after that only 220K so for rate 500000/btc you'll need to reach equivalence in market cap within about 9 months. Not a chance :) Title: Re: Is 42 *really* gonna be worth 500,000 someday? Post by: empoweoqwj on January 22, 2014, 04:04:01 AM ballsy prediction, but 21,000,000 divided by 42 = 500000 :o Depends on 500000 what .... Title: Re: Is 42 *really* gonna be worth 500,000 someday? Post by: cryptohunter on January 22, 2014, 04:11:54 AM i wanted to make the "OneCoin" where only 1 coin is ever mined it was made on here before, it is being brought back soon i hear. Title: Re: Is 42 *really* gonna be worth 500,000 someday? Post by: undeadbitcoiner on January 22, 2014, 04:16:38 AM That is never going to happen,
Your question is like IS REALLY $ GONNA BE WORTH GLOBAL GDP SOMEDAY Fucking question and answer will be always no. Title: Re: Is 42 *really* gonna be worth 500,000 someday? Post by: tolega on January 22, 2014, 10:41:53 AM ballsy prediction, but 21,000,000 divided by 42 = 500000 :o Depends on 500000 what .... |