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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] 42 | + super rare | + only 42 coins to be mined | + Update b4 Block 55,000 on: January 04, 2015, 12:59:14 AM
The whole concept of 42coin is amazing. The rarity, creativeness and uniqueness gives the coin a tremendous potential that no other coin will likely never have. I firmly believe that in a few years it could easily reach the old value of 1,000 BTC. Even that would put the market cap at only 42,000 BTC. Cryptocurrencies will certainly gain popularity as the 1990's and early 2000's generation grows older and overall economy adopts the wide technical knowledge of todays kids.
And I see 42coin fitting right into the place of "diamond of cryptocurrencies".

There is just this one problem which propably all of you know: in five years only 42 42coins in existence won't be the case. Instead, there will be 180 42coins. The code doesn't cap the amount of total possible coins to 42. The whole foundation of the idea isn't there. This will, at worst, kill the coin. If, however the cap was there us current miners and pool owners would have a huge leverage.

There is something we can do to gain back the leverage: hard fork. I know it requires some sacrifices and effort but the benefits will easily be worth it. 

Pool owners: You run the original 42coin pools and the future mining power flows to larger pools, your pool being one of them. The future price increase will likely over 10-fold the income made by your pools mining fees.
Miners/pool owners: hold the ridiculously easily earned 42coins now and you end up having a small fortune when the cap is filled. Nothing will limit the value of 42coin if the code gets fixed.


So now I ask you:
Pool owners, are you willing to implement the new version?
Coders, PM me if you're able and willing to make the changes to the code.

Thank you for reading
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