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Typical misleading and sensationalist titles from BusinessInsider. The value of a cryptocoin in isolation means nothing, because there could be only 10 of them
by higherpurpose 13y ago
Typical misleading and sensationalist titles from BusinessInsider. The value of a cryptocoin in isolation means nothing, because there could be only 10 of them available, and they have a market cap of $10 million, then 1 would be worth $1 million. This is no different than talking about a "MegaBitcoin" being worth $800 million, with only 12 of them or so being available right now.
- shasa 13y agoI think someone just created the coin as a response to DogeCoin. There are supposed to be 100billion dogecoins and this hacker went the opposite way to create 42 ( limited) number of coins.
- deleted 13y ago[deleted]
- shasa 13y agoHowever, at current difficulty 42coin is 10 times more profitable than Bitcoin.