42Coin??

[Netnox]

Where did 42coin come from? Right now almost $1million a piece???

[sitefive]

with a bribe to cryptsy you can get a lot of things done

[atleticofa]

It's normal. It's only 42 coins total...

Now only 0.7 has been mined

[porcupine87]

Where the hell did 42coin come from. It was announced a week ago and right now almost $1.5million a piece???
How many are the developers holding?

Biggest scam if you ask me. I ll make a coin called 10Coin how about that

Why is it a scam, when 1/42 of all ever minted coins are woth 1mio $?

[solracx]

I have not read the spec.

So with 42 coin there are, 42 coins minted total?

[xan_The_Dragon]

It does not seem that any sales have been made on cryptsy yet, so we cant know for  sure the market value.

[Netnox]

It's normal. It's only 42 coins total...

Now only 0.7 has been mined

0.7 have been mined, thats around $1 million. How many is the dev team holding?

Also next time someone is going to make some coin where only 10 will exist and price it at 10 million each? Something is really off here

[nobodysbusiness]

I have not read the spec.

So with 42 coin there are, 42 coins minted total?

Yes, there will only be 42 coins ever in existence. That's the gimmick for this coin: extreme rarity. Like DMD but taken to the absolute extreme.

Thank goodness I participated in that giveaway where they were handing out 10 of these coins to each participant. The 4 of us who posted in that thread are now very happy.

[lonesoul]

Crappy coin, you cant even mine it, look at the payouts....what is the point....

Not sure which pool you are looking at, but generally the front end of the pools stats page (when you click on pool instead of Blocks) normally only does up to 3 decimals i believe so it would be 0.000  from what i remember this coin ended up having a standard block reward of 0.00004200   

so if there are 100 people mining ith equal mining power, they'd be getting 0.00000042 42C per block meaning they would need to have 2380 blocks in 1 day for people to display a payout on the front screen. im not sure what the block time is, but it seems like a rather high block count is needed jsust to get the payouts to display.



please be aware that is simply for the display and not actual payouts!

[rhkazani1]

Crappy coin, you cant even mine it, look at the payouts....what is the point....

Not sure which pool you are looking at, but generally the front end of the pools stats page (when you click on pool instead of Blocks) normally only does up to 3 decimals i believe so it would be 0.000  from what i remember this coin ended up having a standard block reward of 0.00004200   

so if there are 100 people mining ith equal mining power, they'd be getting 0.00000042 42C per block meaning they would need to have 2380 blocks in 1 day for people to display a payout on the front screen. im not sure what the block time is, but it seems like a rather high block count is needed jsust to get the payouts to display.



please be aware that is simply for the display and not actual payouts!

I was looking at 42.dedicated pool. Block time is 50 seconds.....I dont see anything under payouts though I had 50 shares and all of sudden they were dropped to 24.

under payout it says 0.00000001.

[50cent_rapper]

No, 42 is a good coin. It's only 42 coins, that's why it's pricey.

[miffman]

it's the same way BTB is pricy

[StewartJ]

Where the hell did 42coin come from. It was announced a week ago and right now almost $1.5million a piece???
How many are the developers holding?

Biggest scam if you ask me. I ll make a coin called 10Coin how about that

The Devs, the Miners, and Early Adopters did everything possible to make this coin transparent, fairly distributed, with virtually no pre-mine.

The coins innovation is its built-in rarity. A little research on your part in the 42 Coin ANN thread should of answered your concerns.

I will await your apology...

[ymer]

it's the same way BTB is pricy

Instamine scam?

[undeadbitcoiner]

42 Is not a scam but 42 is been made to just roll and get some good profit and destroy.
42 coins are not going to be worth , only few developers and early adopters are going to make money from that and will end up with nothing in public.

[sameev29]

Will we ever see a sale at this price?

[ymer]

42 Is not a scam but 42 is been made to just roll and get some good profit and destroy.
42 coins are not going to be worth , only few developers and early adopters are going to make money from that and will end up with nothing in public.

Good for them, suckers that buy it deserve to hold the bag.

[janos666]

Where the hell did 42coin come from. It was announced a week ago and right now almost $1.5million a piece???
How many are the developers holding?

Biggest scam if you ask me. I ll make a coin called 10Coin how about that

What?
There is a coin out there which you couldn't solomine right from the start and now worths a lot ?!?!?
This fact absolutely qualifies it as a scam!
Period!

[lonesoul]

Where the hell did 42coin come from. It was announced a week ago and right now almost $1.5million a piece???
How many are the developers holding?

Biggest scam if you ask me. I ll make a coin called 10Coin how about that

What?
There is a coin out there which you couldn't solomine right from the start and now worths a lot ?!?!?
This fact absolutely qualifies it as a scam!
Period!

Scam - Definition
a dishonest scheme; a fraud.
"an insurance scam"


a SCAM is only a scam if someone gets scammed! So far no one here has been Burnt by this . the fact that it appeared over night (seemingly) and then makes it on to an exchange massively quicker than any other coin and from what i could see in my 30 seconds of searching, Not a single site accepting it as a payment source.  Doesnt make it a scam.

it makes it stand out if anything - Number 42 is famous among true sci-fi geeks, seeing as its the answer to life, the universe and everything (good old hitchhikers)

you should hold your tongue with the accusations about scams until they have been fully proven and also I think firstly i would point my fingers at the "IPO" coins which have been released recently! I havent seen a legitimate coin which had an IPO based solely on a forum post, yet there was at least 3 last week which pulled in at least 100BTC just for making 3 forum posts and then constantly posting in them!

It seems to me that we are still very much in the wild west, the only people that are going to get rich are the mayor and the bandits! We need a coin sheriff to come and break down the good the bad and the ugly for us!

[canth]

Where the hell did 42coin come from. It was announced a week ago and right now almost $1.5million a piece???
How many are the developers holding?

Biggest scam if you ask me. I ll make a coin called 10Coin how about that

How is that you've been around on bitcointalk.org for a year and call this a scam? Either stick with pure alt-coin hating or do some better investigation before just throwing posts like this around.