Latest posts of: PeachyPeach

What happened? Yesterday 1 42 used to be more than 1400 BTC on Cryptsy, now it is only around 1000?

Of course there is going to be profit-taking for such a rare coin.

Brings the price down a little for bit of us who want more

I think the multipools were a big part of it. It keeps trying to climb higher, but keeps getting knocked back down to 1000.

Yet you keep hashco.ws in the OP even after several complaints.

Don't even start this here please!

I just sold all of my (let's call it DontWannaTell - you can easily find out from my forum history if you think it's important, but I don't want to make a negative promo) DWT coins for a shitty price to buy some 42 dimes instead in a hope to cover my huge loss on DWT.

As I see, this kind of anti-miner propaganda played a huge role in the current problems of DWT.

Network hash speed and diff must continuously go UP, not down to make profit on a continuously rising price.
You scare of the miners -> networks speed and diff drops -> price falls -> lot of panic sells -> price hits the bottom -> not a single sole wants to mine and/or buy anymore -> another dead coin
It's only a matter of days to achieve this and I doubt there is a way back from there but it sure takes months if it ever happens.

You won't get rich in a few days. But it's possible to get a nice cut in a few weeks if you play nice. I think that's better than getting stuck with a struggling coin for months (and wish to cut your losses every day).

Mine, mine and mine! Everybody! MINE!!!
Mine the coin and buy the coin. Don't ban and/or scare anybody from mining or buying it.

Don't bother about the real-time price, think about the future to make that dream happen!

Are you saying you rather just mine and dump this coin because you don't expect it to last long. Thats the major problem with middle and hashcow. Jumping on new coins. They can kill a new coin in a few weeks, more well established coins are less effected by these technics because there coins have masive amounts of coins being held already by different users, but not so for a new coin like this where only a few coins exist. I personally want to see 42 do well this is why I don't think these pool should be in the OP the OP maybe getting paid to keep them there or doesn't care to much about long term of the coin thats what is scary to me. That would also make me just want to dump now.
I want to see this coin do well. But a few days of dumps from middlecoin and hashcow will send the exchange rate down. I estimate that these two pools will be dumping 1/4 of the coins mining each day. Which should drive price down. Buy support will also wait for the dumps and buy a week or two from now.
The fluctuating difficulty that these pools cause is hurts miners than are mining 42 all day. The guys that believe in the coin loose about 10%-20% of there earnings to these huge hoping pools. I'm discussed that hendo420 just laughs it off and continues to leave hashcows in the Op, some how approving something that may be the death to his baby.

You make a valid argument so I removed it.

Countdown till they pm me asking why. lol

Hendo did you sell ya shares of 42 or believe in the coin and hold?

I wish I had the img editing skills to change that into 42. lol

I had an interview today with Business Insider Magazine about 42.

I'm a graphic designer. At your service. =]