What is 42 coin?why it to big? | Bitcointalksearch.org

ClayDouglas

jr. member

Activity: 104

Merit: 1

Quote from: JainaVsUther on February 13, 2018, 05:33:17 AM

Perhaps because there are only 42 coins? Don't fall into the trap of looking at coin price or supply, the only important thing is market capitalization in determining the value of a coin.

Btw the idea of 42 coins gave me an even better idea.. why not a 1 Coin? Just a single coin that represents the entire market cap of the project. It can have 18 decimals or so though. I'm sure someone will copy that idea of mine and create it.. if only I could code =)

I believe there already is a coin called one coin, with just one total coin. It's a gimmick.

disconnectme

hero member

Activity: 1876

Merit: 512

This to me is another shit coin looking for attention and people to lure into their pump, the trading volume is too low to be considered for investment, I think most people usually underestimate liquid of a coin when a coin price is hig and no one is willing to pay for it, it is then you know, you are a bagholder

Georgos

newbie

Activity: 37

Merit: 0

42coin is a shitcoin. It has such a price because there is very few coins, but this is about everything they provide. They offer absolutely nothing else.

JainaVsUther

copper member

Activity: 123

Merit: 4

Perhaps because there are only 42 coins? Don't fall into the trap of looking at coin price or supply, the only important thing is market capitalization in determining the value of a coin.

Btw the idea of 42 coins gave me an even better idea.. why not a 1 Coin? Just a single coin that represents the entire market cap of the project. It can have 18 decimals or so though. I'm sure someone will copy that idea of mine and create it.. if only I could code =)

Doctor.Strange

sr. member

Activity: 728

Merit: 250

Go Big or Go Home

You can look for NANOX, only 1 coin, current worth is 32.25510000 BTC but check trading volume, 0.19 BTC , shit coin

oddwh

hero member

Activity: 854

Merit: 1002

It's a dead coin. We could easily create an useless coin with 1 coin total supply, it would easily worth than a bitcoin, because we would need a total market cap of 8000$ which is really easy to reach.

Take a look to the market cap, this is much more important.

saenko

full member

Activity: 262

Merit: 100

Quote from: publicaccess2 on February 13, 2018, 12:25:31 AM

what business they run for? the price more than bitcoin

Low volume of trades and a limited number, and extremely small, tells us for one thing that it is some sort of collector's coin but does not serve for everyday trades. Yes, and on the stock exchange, I have not met her yet, can anyone seen.

ClayDouglas

jr. member

Activity: 104

Merit: 1

Isn't it obvious as to why it's so expensive? The total supply of the coin is 42. I mean no disrespect, just that you guys must be a little new to think a coin is expensive because of the value of one coin.

makngeerwork

full member

Activity: 141

Merit: 100

???

Quote from: linkybit on February 13, 2018, 01:38:25 AM

Quote from: publicaccess2 on February 13, 2018, 12:25:31 AM

what business they run for? the price more than bitcoin

Can you provide us any link to said coin ?

You can see the coin price https://coinmarketcap.com/currencies/42-coin/ 42 coin is shitcoin and looks like scam since there's no trading volume came on it and yet theirs no information on what is the used of that coin. But I don't really know on how this coin became expensive since theirs no demand backed up on this coin.

janggernaut

legendary