Topic: 42Coin thoughts. Its ACTUALLY getting interesting. - page 2. (Read 1960 times)

Lol, you mad? You sound mad. Sorry for calling out your attempt to pump a shit coin. Carry on.

leave 42coin as is...    cryptsy is the main exchange and they are having issues.. wait and see approach might see its outcome 

So, OP owns 1 out of 52 42 coins, and is trying to pump so he can dump? How else to explain the stream of bullshit emanating from this thread? It's extremely undervalued, except it's coded by some fuckwit that can't even figure out how to count to 42, it's got no network to speak of so it's extremely insecure, and it's only traded on Cryptsy which is in the midst of goxing. Did I miss anything?

There is 52 coins now. I think the dev messed up his calculations in the beginning. From a post Ive seen on here they think they have a fix for this. Im saying even if they don't, its not that big of deal in the long run. I actually think it could be better if they let it grow to a bigger number.

I agree somewhat with you. When you start a company, the norm isn't to have 10 shares of something. Its to have 1-10 million shares. In real terms if you give someone 1 out of 10 shares its 10% but everyone feels much better seeing 1,000,000.

I used Dogecoin in my original post ,but I ran the numbers on most of the top 10 popular coins. 42 was grossly undervalued. And lastly, just like some people don't like it, some people do. My thoughts are strictly on a relative value scenario.

While I agree, there is still money to be made to turn into more BTC. On a relative basis this coin is extremely undervalued compared to almost every other altcoin out there.

Dogecoin is the shittiest shitcoin out there. How is that a strength? What if I told you that I don't like 1 million of my shitcoins to be worth 2 cents. That's a bit too much but you get the idea.
However 42 has a pretty good idea, but weren't there 52 coins out there?

The big problem here is that no-one likes to deal in fractions of a coin, this is the main dogecoin strength vs 42.

Shitcoins are shitcoins, no matter how rare

I posted this on another thread but thought it could be food for thought for everyone.

Just for starters 42 has seemed to catch a bid in the market since late October.


Here is my take on 42coin. The developer Hendo420....I don't know what this guy is doing but he is wasting an opportunity with this coin. Whether it gets back to just 42 coins or not, it can STILL be a major player if it gets cleaned up. The math is there on this coin. Its what...at 52 as of right now? And there is what...14 million bitcoins at the moment? That's still about 270,000 to 1. Now, consider LTC relative strength is about 1/100ths of BTC. It currently has about the same amount mined as well. Now I'm not saying 42 should have the same strength as LTC. Lets go big here to show just how out of whack this current market is for 42. Lets say 42's relative strength is 1/10,000ths. That is 1000 times less "relevant" than LTC. Id say that is beyond generous considering the name recognition this coin had at one point. at 1/10,000ths BTC we should still be looking at a price of roughly 27 to 1 BTC right now. Its currently in the mid 2 to 3's.

Just as a frame of reference, I will use Dogecoin. Using the same algorithm, Dogecoin is only about 1/426ths BTC. Im only using 1/10,000ths BTC as a basis for 42. My thesis should be pretty clear. There is SO much upside to this coin if a few people get their act together. 

I mean, literally, its a $#!T coin right now. I've seen the disgust on here for the devs and all the guts of this coin. Im not saying that isn't warranted. It looks like hendo couldn't take the razzing and just let it go. Plus its fall from grace was EPIC. I am talking strictly numbers here. It could take a ride up to more of a fair value. Hendo, Man up. Stop getting your feelings hurt. Stop running away from online bullies. Its ridiculous. Buy a chunk of your own coins, ignore the chatter, fix and develop where its needed, and shove it back into the people's face who doubted you when this thing goes up. That's how you make something of yourself. I shouldn't have to tell you this. Hand the damn thing over to me. Ill buy 20% of the market and retire off of it. Seriously! That's the attitude of a winner and that's what this coin needs.