jongameson (OP)
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Activity: 84
Merit: 10
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January 21, 2014, 07:27:05 PM |
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ballsy prediction, but 21,000,000 divided by 42 = 500000  |
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cfrm
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January 21, 2014, 07:42:02 PM |
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Short answer, no.
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jongameson (OP)
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Activity: 84
Merit: 10
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January 21, 2014, 07:42:42 PM |
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why not? even after all coins are mined
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tolega
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January 21, 2014, 07:42:50 PM |
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ballsy prediction, but 21,000,000 divided by 42 = 500000 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 |
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jonanon
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January 21, 2014, 07:46:20 PM |
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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  |
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jongameson (OP)
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Activity: 84
Merit: 10
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January 21, 2014, 08:00:35 PM |
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i wanted to make the "OneCoin"
where only 1 coin is ever mined
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R2D221
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January 21, 2014, 08:13:10 PM |
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ballsy prediction, but 21,000,000 divided by 42 = 500000 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 I know this is sarcasm, but anyway. 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. |
An economy based on endless growth is unsustainable.
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feomat
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January 21, 2014, 08:41:23 PM |
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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.
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porcupine87
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January 21, 2014, 08:45:12 PM |
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ballsy prediction, but 21,000,000 divided by 42 = 500000 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... |
"Morality, it could be argued, represents the way that people would like the world to work - whereas economics represents how it actually does work." Freakonomics
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singula
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January 21, 2014, 09:54:19 PM |
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ballsy prediction, but 21,000,000 divided by 42 = 500000 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  |
Big brother is not watching you anymore. Big brother is telling you how to live.
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empoweoqwj
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January 22, 2014, 04:04:01 AM |
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ballsy prediction, but 21,000,000 divided by 42 = 500000 Depends on 500000 what .... |
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cryptohunter
Legendary
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Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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January 22, 2014, 04:11:54 AM |
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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. |
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undeadbitcoiner
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January 22, 2014, 04:16:38 AM |
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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.
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tolega
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January 22, 2014, 10:41:53 AM |
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ballsy prediction, but 21,000,000 divided by 42 = 500000 Depends on 500000 what .... 500,000 wasted minutes |
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