[ANN] 42 | Time to Revive 42 Coin - Everyone get in here!!!

[arandy]

any news about the POS implementation? Is it really gonna happen and if so when?

[kahir]

Any news on 42 lately? Anyone know where the bottom might be?

bottom is around 5 btc

[VarDiff]

42 Coin added to altcoins database
Good luck, miners

[bigtimespaghetti]

Anyone else think this coin is crazy cheap at these levels? I understand that there isn't much in the way of utility yet, but still. Any word from the devs?

[psikogeek]

I say darn because I thought of buying earlier when it was 24 BTC.  Now it is 36 BTC.
If this proves to be a lasting turnaround, the bottom was 20.05 at Cryptsy.

Someone tried to predict the bottom in a previous post.  He came up with 5 BTC. I'd like to know how he picked that number.

My floor calculation is as follows: barring that 42 becomes an accepted currency, it is a commodity with limited appeal.  Mostly, I think the appeal is Douglas Adams fans.  Not having an demographics to draw from, I guessed that the ratio of interest in BTC to interest in 42 might be a million to one.  Given that the ratio of 42 to BTC should approach 42/21,000,000, a 42 might value at 0.5 BTC.

That depends on my wild 1,000,000 to 1 interest ratio though.  Being off by only one order of magnitude could put me at 5 BTC.  Also, there is the level emotional attraction to 42.  Like real currency, some people buy them to collect them.  The number is fairly famous.  This is the ONLY altcoin I prioritize holding although the "quark" name was a good idea. "Credits", "sh1ts", "fux", "florins", "doubloons", "dilithium crystals", "Teradollars", and "thalers" are/would be good names.

Anyway, the shift to a new algorithm should shake things up.

[DianaLime]

I just bought some 42 for the first time and lets see what happens.

[bigtimespaghetti]

I've been buying a little on the way down. Was hoping for a bottom between 15-18 to load the boat. Let's see what the coming weeks provide.

[psikogeek]

While we are on the topic of "bottom" and fantasizing about future value, does not the developing PoS (Proof of Stake) plan not mean that future 42 mining will not be proportional to your 42 holdings?



[Edited errant negation]

[bigtimespaghetti]

While we are on the topic of "bottom" and fantasizing about future value, does not the developing PoS (Proof of Stake) plan not mean that future 42 mining will not be proportional to your 42 holdings?

I am not sure how this will work psiko, would love to hear from the devs.

[vindyne8]

So, what's the most reliable pool?

4YLueUF3Pe7G1aWtoHokKJfXSaqUycAcXK

[vindyne8]

Forgive my noob question, but

Unconfirmed    2.1E-7

Buh?

[psikogeek]

Unconfirmed    2.1E-7

might mean 0.00000021
as in 0.00000021 42 which is a small amount of money amounting to about 0.00000945 BTC or about $0.0054.

[psikogeek]

What a ride this morning.

Before retiring last night, I acquired a little 42 at 49 BTC.  This morning, I wake to find that page open and the price at 75. I blink.  then it is 85.  A few minutes later, it is 122.

I'm thinking that one of you has valued it at somewhere around there.

[smoky001]

yep today its looking pretty good finally some action going on

[psikogeek]

who heard about the new big bang update?

We are hoping you will tell us.

[binaryclock]

42.DEDICATEDPOOL.COM

Mining Information

• Custom stratum/mpos environment
• Vardiff enabled
• PPNLS payout system
• Everything is transparent - blocks, donations, fees.

Server Infrastructure

• SIX(6) SERVERS IN CLUSTER
• DDoS level 7 cloudflare, 5 and 3 stratum, and level at 1 switch level
• 8 Core servers, 256GB DDR3 RAM, RAID 10 SSD
• Ramdisks, memcaches, to make things go extremely quick

[DianaLime]

who heard about the new big bang update?

We are hoping you will tell us.

wasn't there some focus against multipool dump prevention? I don't know a lot of info but someone was talking about it on irc, not sure.

[psikogeek]

wasn't there some focus against multipool dump prevention? I don't know a lot of info but someone was talking about it on irc, not sure.

I note that you just made your 42nd post, Diana.  That number is only special on this thread.

I imagine that Proof of Stake only solves multipool problems completely.

I'd like to know when it is to be done.  I see tx42 active on other parts of this forum.  I'd PM him on this matter, but I'd only be a pest.

Now, if other users also wanted an update.....
....then we could justify interrupting his programming efforts.

[smoky001]

whats up with the lack of comunication? updates? news?

[kahir]

one of two things ... if thats just a pump and dump then price will go further lower where the pump started ... it started at 22 btc

if not then price may be stable and rise