Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: sameev29 on February 07, 2014, 06:28:34 AM



Title: 42coin going down like crazy
Post by: sameev29 on February 07, 2014, 06:28:34 AM
Why is 42 coin coin price going down like a rocket put upside down.Its now at 177BTC where it was 1000BTC and over.Whats next 1BTC per 42 coin?


Title: Re: 42coin going down like crazy
Post by: derpinheimer on February 07, 2014, 06:33:29 AM
Why is 42 coin coin price going down like a rocket put upside down.Its now at 177BTC where it was 1000BTC and over.Whats next 1BTC per 42 coin?

I know, Ive been watching it.

It should hit a bottom soon.

https://i.imgur.com/F37eJR3.png

OUCH!!!!

And to think just yesterday I was kicking myself for not buying at 160BTC...


Title: Re: 42coin going down like crazy
Post by: derpinheimer on February 07, 2014, 06:45:50 AM
If bitcoin keeps dropping probably no.. a lot of random coins will probably go to nearly 0 (Or in 42s case, maybe 1BTC.. simply because its so "rare")


Title: Re: 42coin going down like crazy
Post by: cadcoin on February 07, 2014, 06:51:08 AM
Bitcoin is also dropping this could be related.


Title: Re: 42coin going down like crazy
Post by: mindact on February 07, 2014, 07:38:19 AM
drop! drop! drop! :-[


Title: Re: 42coin going down like crazy
Post by: Gushers on February 07, 2014, 07:39:25 AM
Bitcoin is also dropping this could be related.

Why is bitcoin dropping any exact ideas?

Will it rise big when asics arrive in the next few months?

bitcoin is dropping becuase apple banned it russia banned it and mtgox has shutdown withdrawls.


Title: Re: 42coin going down like crazy
Post by: stormbono on February 07, 2014, 07:45:32 AM
Bitcoin is dropping because it still in its start up (reffering to ie facebook, twitte, googler) still at the bottom of the so called S curve...

All these comapnay had the same volitaile rate in the first 4/5 years before it skyrockets ( S curve)  Bitcoin will need some more time because its not a company)

I think most alt coins will be pennies worth maybe a few will have some value but most of them wont..

Just my humble opinion


Title: Re: 42coin going down like crazy
Post by: prozacsf84 on February 07, 2014, 08:12:30 AM
Dead.


Title: Re: 42coin going down like crazy
Post by: coinerer on February 07, 2014, 08:27:19 AM
Because for that coin someones sold optimism to many. Same as for many other coins.



Title: Re: 42coin going down like crazy
Post by: brooklynite on February 07, 2014, 08:40:14 AM
Why was 42 trading so high anyway? There are much better coins and more popular like DOGE trading for 160 Satoshi.

42 Still trading at an enormous high price of billions of Satoshi per 42. Its absurd.

Scarcity does not create value. Shit is also scarce, you go out in the street you cant find any very easy. But doesnt mean its valuable.


Title: Re: 42coin going down like crazy
Post by: Kasym on February 07, 2014, 08:58:13 AM
Bitcoin is hoarded, so it's starting to feel like 'what's the point? gold bricks are nicer to look at.' Multiply that factor for 42 coin? Just a guess as to the state of slump..


Title: Re: 42coin going down like crazy
Post by: coinerer on February 07, 2014, 09:05:32 AM
DOGE is so much bigger scam and has higher price than 42. See market capitalization.

Soon 42 might become good opportunity to invest. Wait, think and try to find good price to start again.



Title: Re: 42coin going down like crazy
Post by: oscar5 on February 07, 2014, 12:56:27 PM
I missed the 42 train, now im trying 66. What do you think guys, does it have chance to be added on crypsy and hit 1000btc like 42 did it  ???


Title: Re: 42coin going down like crazy
Post by: cryptohunter on February 07, 2014, 01:05:26 PM
Why was 42 trading so high anyway? There are much better coins and more popular like DOGE trading for 160 Satoshi.

42 Still trading at an enormous high price of billions of Satoshi per 42. Its absurd.

Scarcity does not create value. Shit is also scarce, you go out in the street you cant find any very easy. But doesnt mean its valuable.

In some cases what you say is true... your brain matter is scarce and what little there is is without any value. In most cases though you are wrong about that as you probably are with most other things.
A noob with no clue. Get back to mining your scam coins with no announce - instamined shitclones are a better fit for you.



Title: Re: 42coin going down like crazy
Post by: brokedummy on February 07, 2014, 01:18:57 PM
I missed the 42 train, now im trying 66. What do you think guys, does it have chance to be added on crypsy and hit 1000btc like 42 did it  ???

Not a chance in hell bud.


Title: Re: 42coin going down like crazy
Post by: brooklynite on February 07, 2014, 02:40:49 PM
Why was 42 trading so high anyway? There are much better coins and more popular like DOGE trading for 160 Satoshi.

42 Still trading at an enormous high price of billions of Satoshi per 42. Its absurd.

Scarcity does not create value. Shit is also scarce, you go out in the street you cant find any very easy. But doesnt mean its valuable.

In some cases what you say is true... your brain matter is scarce and what little there is is without any value. In most cases though you are wrong about that as you probably are with most other things.
A noob with no clue. Get back to mining your scam coins with no announce - instamined shitclones are a better fit for you.



wow a senior member with no skills on how to talk. Im sorry you thought some crap someone cloned by copy and paste is worth $1 million  per 42 coin. Now you are still holding thinking its worth $200,000 per coin.

Keep holding until your brain gets mushier than it is now. Keep hoping. 42 is done. People moved on. Its not like NTC, LTC, NET, DOGE and other solid coins that hold their value for months.


Title: Re: 42coin going down like crazy
Post by: mfpowernl on February 07, 2014, 03:09:22 PM
The amount of a coin is not important! The N factor is :D


Title: Re: 42coin going down like crazy
Post by: Hazard on February 07, 2014, 03:22:51 PM
You don't say... A gimmick coin decreasing in value over time? ???


Title: Re: 42coin going down like crazy
Post by: dedicatedpoolcom on February 07, 2014, 03:41:59 PM
Multipools killed this coin.  Made it impossible for any other smaller pools without 5GH/s focused on 42 to even mine it.  Multipools also killed TIPS and MOON too and countless others.  I heard TIPS is going to add in Komoto Gravity soon.. that would be so awesome!

Coin developers need to add in multipool protection if they want their coins to survive.  In fact, it should be a standard to protect against multipools - no protection?  no mining by miners.  There are excellent resources like Komoto Gravity now that some smart developers have added in to their coins to stop the multipools from raping and destroying their coins.



Title: Re: 42coin going down like crazy
Post by: brokedummy on February 07, 2014, 03:50:33 PM
This coin will be back next year probably. Once more coins get mined for cheap at a low diff over the summer.


Title: Re: 42coin going down like crazy
Post by: alc on February 07, 2014, 04:19:08 PM
You don't say... A gimmick coin decreasing in value over time? ???
Pretty much. A coin whose sole gimmick was the adjustment of the currency's decimal point was never going to last.


Title: Re: 42coin going down like crazy
Post by: Omikifuse on February 08, 2014, 01:59:38 PM
cause no body like 42coin?