Have You Ever Heard Of 42-Coin? Extremely Rare Cryptocurrency

in #cryptocurrency7 years ago

Have You Ever Heard Of 42-Coin? Extremely Rare Cryptocurrency

download.png

Specifications
(42-v0.0.8)

Max money: 42 coins
Transaction confirmation method: PoS+PoW
Transaction type: Public & Anonymous
Number of transaction confirmation: 7
Number of block confirmation: 42

PoS reward: 0 coin // makes 42 an extremely rare
Min stake age: 42 hours
Max stake age: Unlimited
PoS target spacing: 7 minutes

PoW algo type: Scrypt
PoW reward: 0 coin + tx fees
PoW target spacing: 21 minutes

Default Listen Port/Port to open: 4242

Source: https://github.com/42-coin/42

How to contribute:

  • just fork the repository and start working in your own tree;
  • submit a pull requests if you think your changes are mature;
  • if there is consensus they will be pulled to the main tree.

Website: https://42-coin.org

Wallet Download




Charts, Graphs & Tools

http://coinmarketcap.com/currencies/42-coin
https://bitinfocharts.com/markets/cryptopia/42-btc.html
http://cryptocoincharts.info/pair/42/btc/cryptopia
http://cryptocoincharts.info/pair/fortytwo/btc/livecoin
http://alt19.com

Press Release & Media News / History
https://ghost.report/2017/06/13/ghosts-inner-circle-crypto-millionaires (13.06.2017/EN)
https://ghost.report/2017/06/07/what-is-42-coin-and-is-it-a-good-cryptocurrency-investment (07.06.2017/EN)
https://techannouncer.com/interview-with-42-coin-a-pospow-coin-with-public-and-anonymous-transactions (08.03.2017/EN)
https://themerkle.com/top-6-rare-cryptocurrencies (05.02.2017/EN)
http://bitcoinlasvegas.net/42-coin-the-revival-big-changes-coming-soon (26.10.2015/EN)
https://www.cryptocoinsnews.com/42-coin-hits-48-coins (07.10.2015/EN)
http://www.prweb.com/releases/42-coin/crypto-currency-bitcoin/prweb11639423.htm (06.03.2014/EN)
http://crypto-coins.ru/kriptovalyuty/42coin-ili-kriptomoneta-stoimostyu-v-million-dollarov (22.02.2014/RU)
http://www.ibtimes.co.uk/think-bitcoin-expensive-try-42-coin-100000-cryptocurrency-1435107 (04.02.2014/EN)
http://yareg.com/cryptocurrency/42coin-v-sotni-raz-dorozhe-bitcoin (25.01.2014/RU)
https://shkolazhizni.ru/money/articles/65124 (20.01.2014/RU)
https://altcoinspekulant.wordpress.com/tag/42-coin (17.01.2014/DE)
http://litecoinblog.org/new-cryptocurrency-42coin-42-coins (16.01.2014/EN)
http://www.businessinsider.com/introducing-42coin-2014-1 (14.01.2014/EN)

Alternative Forum
https://www.cryptopia.co.nz/Forum/Thread/1097 (EN)
https://forum.bits.media/index.php?/topic/4590-ann-42-coin-ofitcialnaia-tema (RU)

42 has no pre-mine and has never been sold via an ICO, all coins are distributed fairly through the mining and trade. All works are paid through donations or doing by enthusiasts.

Coinmarketcap listing

https://coinmarketcap.com/currencies/42-coin/

At early age Total market cap was 832,410 USD

Untitled.png

And last year the price was so less that you can buy all 42 coins only for 1700 USD

Untitled.png

At today's date 42-Coin is at $8548.37

Untitled.png

For me 42-Coin is so risky for small investors like me but its worth the risk you know. If i have invested 4 BTC for buying this coin i could potentially holding 127 BTC atm.

Let me know what you think in the comments.

Thank you so much for reading, have a good one!

DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif

Sort:  

Thanks for posting all this information. Interesting idea... But, hope you don't mind if I ask: the coin's value is its built-in scarcity?? So, in a way, wouldn't its value be kind of a pyramid? Whoever starts at the bottom of the pyramid makes money. Upper-pyramid will always need someone to sell to for a higher price. Or it crashes.

Think the idea is actually to make a place to hide your coins during volatility. Or hide your profits.. If you look at the charts it looks legit. I guess in theory of the founders are unethical they could dump it but it doesnt look bad so far. Looks better than bitcoin really chartwise :)