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Author Topic: 42 Crypto !! Check it out !!  (Read 963 times)
Coin-Moron (OP)
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January 15, 2014, 07:49:47 AM
 #1

Hello there,
I have been mining 42 for the past few days.
Earned some quick bucks.
Some quick facts about the crypto:

Name : 42
Total number of coins : 42
Algorithm : Scrypt
Exchange : Cryptsy
Market rate : coinmarketcap.com
Mining profitability : coinwarz.com
Developers: Hendo420 and Maco

Its impossible for anyone to mine a single round coin as per today's difficulty.

42's are in general counted only in decimals.

.00000001 of 42 = 1 Dent

As some newbie miner one can aim for few thousands of Dents.







koshgel
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January 15, 2014, 08:13:10 AM
 #2

seems like another scamcoin. Let me waste my already shitting mining power mining nothing for hours
Coin-Moron (OP)
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January 15, 2014, 08:18:05 AM
 #3

Quite from the launch, everything's done with transparency.
Still unsure whether its a scam.
Lets hope for the best.
nitai
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January 15, 2014, 08:22:50 AM
 #4

42 Coin seems interesting but does it have anything else going for it besides there only being 42 coins total? Any other special features?
ibitcoinblog
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January 15, 2014, 09:09:52 AM
 #5

I recently wrote a blog post on 42, waiting for the owners response to a few of my questions.
Will be following this coin and blogging about it as the days go by: http://ibitcoinblog.com/?p=105
premiumwriting
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January 15, 2014, 09:21:29 AM
 #6

GREAT JOB!
SouthernTiger
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January 15, 2014, 11:08:29 AM
 #7

Mostly awesome Smiley
dasper
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January 15, 2014, 11:09:19 AM
 #8

42 is out of control.

On Cryptsy it's currently trading at 1023 BTC.

x $950 on Mt Gox for a BTC

That makes 42 potentially worth over $40 million
guybrushthreepwood
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January 15, 2014, 11:19:12 AM
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seems like another scamcoin. Let me waste my already shitting mining power mining nothing for hours

Yup, you're right.

42 is out of control.

On Cryptsy it's currently trading at 1023 BTC.

x $950 on Mt Gox for a BTC

That makes 42 potentially worth over $40 million

People will be fake trading it; so it's not worth anything near that. The people who think it is are idiots and are going to lose out one way or another. If you buy coins from the people who are selling it for that much then you are just giving these fraudsters free money and you've been scammed.
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January 15, 2014, 01:42:19 PM
 #10

LOL. You think you can get one 42coin in 1 day ? It only have 42 coin total of course it more hard than bitcoin that have million
johncarpe64
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January 15, 2014, 01:54:38 PM
 #11

Hello there,
I have been mining 42 for the past few days.
Earned some quick bucks.
Some quick facts about the crypto:

Name : 42
Total number of coins : 42
Algorithm : Scrypt
Exchange : Cryptsy
Market rate : coinmarketcap.com
Mining profitability : coinwarz.com
Developers: Hendo420 and Maco

Its impossible for anyone to mine a single round coin as per today's difficulty.

42's are in general counted only in decimals.

.00000001 of 42 = 1 Dent

As some newbie miner one can aim for few thousands of Dents.









I don't see mining 42 have better profitability..
Coin-Moron (OP)
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January 15, 2014, 02:36:59 PM
 #12

The life of a crypto depends only over the popularity and trust by the masses. Beyond that lies the functionality.
We could find new altcoins popping out everyday.
But, only certain coins comes with few necessary changes and stands out of the crowd.
Keeping this in mind, what makes "42" much special than Bitcoin or Litecoin is

1. Extremely faster transactions - only 42 seconds
 
    But bitcoin transactions takes more than half an hour to get confirmed.

2. Difficulty adjustments - Mere 7.5 minutes

    Since the difficulty gets adjusted so rapidly, the pump and dump syndrome by certain profitability mining multiple pools gets evaded.
    Thus the rarity of the coin remains intact.
    But bitcoin and litecoin coin's difficulty adjustments takes many days to get adjusted thus a lots of mining power are wasted abruptly.

3. We all know that Bitcoin and Litecoin has been mined in millions and only those whales who pre-mined them are controlling the market prices.
    So, when these hoarders dump their coins, the market crashes lethally.
    Thus we are in a position to get behind some new alternatives so save ourselves from this volatile market.

Therefore get in the train to mine 42



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