42Coin??

[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

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.

It's obvious that this is a get rich quick scheme, what is so rare about this coin since it's just a copy? There are plenty other coins like 42, but under a different name, can you then tell me what's so rare about this coin? Does it do something very different? Is some country announcing tp use 42 as their currency? It doesn't bring anything new to be rare. The creators thought if we just make it 42 than naif people will fall into believing that it's rare. Also how come Cryptsy added this coin in such a short time? Many haven't even heard about it. No way it's worth a million usd a piece.

Some people whine and cry in the crypto world... others roll up their sleeves and make things happen in it.

Sorry its so hard for you to join the latter.

[Netnox]

I don't have wallet yet. If i decide to buy 42 i'll make a wallet. Thanks for offering

[cryptohunter]

cryptsy are greedy of course..... have you not realised how shady they are


they listed orbit coin with a big bribe...

I wonder their reasoning for adding 42 over other alts

They said they would never add coins with all those zeros infront....who would ever use it.

They said it was impossible to add  onecoin  and that was only more more zero and had a MUCH larger following.

[StewartJ]

I still believe those coins are a scam, 100% premined. I am also BTC/LTC fan, recently QRK also because it is trying to do something different, but 42 doesn't it brings nothing new and is around $1m a piece, its ridiculous. Although i wish you good luck with your investment.

If there were 42,000,000,000 coins and they were 0.00000002 each then the market cap would be exactly the same. The value per coin isn't really all that ridiculous, although I will grant that it's a clone.

The thing that's special about it is that it gets us to think about what bitcoin would be like if Satoshis were valuable and hard to mine. What value this brings, well that's for the market to decide.

Btw, dismissing NXT, XRP, MSC due to a pre-mine is a really simplistic way of trying to dismiss an idea - just realize that there are more ways than mining to distribute a coin. The point of altcoins is to try things that bitcoin isn't - let the market decide if they're valuable or not.

I don't think it's right to hinder someone else's investment to make money with hating threads. So you're kind of right. If i jumped in 42 early i wouldn't have called it a scam, so i changed the title. I'm not that kind of person to bash other coins. Good luck

Thanks you for changing the title of the topic and removing the "s" word.

If you could post your 42 coin address, we can see if we can get you some donations.

[chalkyuk]

 

[Bigeyeone]

Ha this is the new epitome of crowd manipulation. I have to say I really adore the extent to which these schemes are developed.
While it is not exactly humane to execute such intensive fraud schemes, I am still in awe of the obvious intellect that sits behind these projects.

At the current price of around 1150 BTC there would have to be over 48000 bitcoins invested into 42coin... this thing is going to plummet so hard that it won't take long until we will see the next attempt to squeeze out the pockets of naive investors  

uhm no, not even close

There is only 0.79  coins in circulation

so at current market value of 1100 btc the marketcap is 869 BTC ( not 48.000 BTC, how did you come up with that number ? ) or $ 713,449 , well not bad for a new coin recently added to an exchange, not bad at all, but nothing extra ordinary ( about half the marketcap of earthcoin for example to put it in perspective)

[Bigeyeone]

Exactly and to keep this price, the same amount of BTC would have to come in consistently and eventually add up to the number I stated, which we all know is not going to happen.

I see the battle of intelligent developers versus naive investors has found excellent contributors

Well , the same thing applies to all the new altcoins in order to keep their current value in the future they need a proportional amount of BTC investment coming in consistently, as new coins are mined, I expect very few of them will actually be able do do this. I do not see anything extraordinary with this coin compared to other new altcoins, again it's market cap is about half of earthcoins marketcap to put it in a little perspective

[StewartJ]

Ha this is the new epitome of crowd manipulation. I have to say I really adore the extent to which these schemes are developed.
While it is not exactly humane to execute such intensive fraud schemes, I am still in awe of the obvious intellect that sits behind these projects.

At the current price of around 1150 BTC there would have to be over 48000 bitcoins invested into 42coin... this thing is going to plummet so hard that it won't take long until we will see the next attempt to squeeze out the pockets of naive investors 

I am holding till the 42nd and last coin is mined...in early 2015.

What will one Dent of 42 be worth then?   $1 ??

[peterlustig]

Nobody seems to remember Onecoin. 

[Netnox]

I still believe those coins are a scam, 100% premined. I am also BTC/LTC fan, recently QRK also because it is trying to do something different, but 42 doesn't it brings nothing new and is around $1m a piece, its ridiculous. Although i wish you good luck with your investment.

If there were 42,000,000,000 coins and they were 0.00000002 each then the market cap would be exactly the same. The value per coin isn't really all that ridiculous, although I will grant that it's a clone.

The thing that's special about it is that it gets us to think about what bitcoin would be like if Satoshis were valuable and hard to mine. What value this brings, well that's for the market to decide.

Btw, dismissing NXT, XRP, MSC due to a pre-mine is a really simplistic way of trying to dismiss an idea - just realize that there are more ways than mining to distribute a coin. The point of altcoins is to try things that bitcoin isn't - let the market decide if they're valuable or not.

I don't think it's right to hinder someone else's investment to make money with hating threads. So you're kind of right. If i jumped in 42 early i wouldn't have called it a scam, so i changed the title. I'm not that kind of person to bash other coins. Good luck

Thanks you for changing the title of the topic and removing the "s" word.

If you could post your 42 coin address, we can see if we can get you some donations.

Just downloaded the wallet it's syncing, but here is my address 4RpuywXfywkxhEqcEwfL6ytW5EZErL1cf3. Thanks for being generous.

[cryptohunter]

Nobody seems to remember Onecoin. 

i remember i and want to see it come back....

[pktq]

why I got in my wallet unconfirmed 0.0042 and status doesn't change ?

[BrewCrewFan]

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.

This. Will never be of value in any kind of retail due to the lack of coins. Only one that have made out is the few select people who either premined ( not sure if it was, but IMO happens with every coin ) or some rather early adapters. Anyone after well.... your all suckers.

[BlurrCrystal]

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

100% true!!
This is becoming very silly.

[TwoThirtyTwo]

why I got in my wallet unconfirmed 0.0042 and status doesn't change ?

It's 0.00, 42 is the coin. People were saying the same thing in the ANN thread.

[Bigeyeone]

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

100% true!!
This is becoming very silly.

This is just an assumption, yes this coin made it to cryptsy pretty quick, maybe they were bought off maybe not, maybe someone at cryptsy was involved with this coin, maybe not, maybe someone at cryptsy mines this coin, or maybe they just thought hey 42 funny rare coin, folks gonna trade this one big time, lets make some commision.

[cryptohunter]

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

100% true!!
This is becoming very silly.

This is just an assumption, yes this coin made it to cryptsy pretty quick, maybe they were bought off maybe not, maybe someone at cryptsy was involved with this coin, maybe not, maybe someone at cryptsy mines this coin, or maybe they just thought hey 42 funny rare coin, folks gonna trade this one big time, lets make some commision.

Cryptsy are full of shit. They make very shady choices with zero accountability. I want to hear their reason for listing this after all of their bullshit before about not listing the one coin because they didn't get on with all the 0000000000000's


I see coins with 100's of requests for listing all ignored. But they randomly add 42 coin???

[coinerer]

I see this like an social experiment

Original idea should be the listing of OneCoin ofc

[pktq]

why I got in my wallet unconfirmed 0.0042 and status doesn't change ?

It's 0.00, 42 is the coin. People were saying the same thing in the ANN thread.

hehehe  <cry>

[sameev29]

Can 42 coins price reach 5000BTC 2 years from now?