42coin going down like crazy

[sameev29]

Why is 42 coin coin price going down like a rocket put upside down.Its now at 177BTC where it was 1000BTC and over.Whats next 1BTC per 42 coin?

[derpinheimer]

Why is 42 coin coin price going down like a rocket put upside down.Its now at 177BTC where it was 1000BTC and over.Whats next 1BTC per 42 coin?

I know, Ive been watching it.

It should hit a bottom soon.



OUCH!!!!

And to think just yesterday I was kicking myself for not buying at 160BTC...

[derpinheimer]

If bitcoin keeps dropping probably no.. a lot of random coins will probably go to nearly 0 (Or in 42s case, maybe 1BTC.. simply because its so "rare")

[cadcoin]

Bitcoin is also dropping this could be related.

[mindact]

drop! drop! drop!

[Gushers]

Bitcoin is also dropping this could be related.

Why is bitcoin dropping any exact ideas?

Will it rise big when asics arrive in the next few months?

bitcoin is dropping becuase apple banned it russia banned it and mtgox has shutdown withdrawls.

[stormbono]

Bitcoin is dropping because it still in its start up (reffering to ie facebook, twitte, googler) still at the bottom of the so called S curve...

All these comapnay had the same volitaile rate in the first 4/5 years before it skyrockets ( S curve)  Bitcoin will need some more time because its not a company)

I think most alt coins will be pennies worth maybe a few will have some value but most of them wont..

Just my humble opinion

[prozacsf84]

Dead.

[coinerer]

Because for that coin someones sold optimism to many. Same as for many other coins.

[brooklynite]

Why was 42 trading so high anyway? There are much better coins and more popular like DOGE trading for 160 Satoshi.

42 Still trading at an enormous high price of billions of Satoshi per 42. Its absurd.

Scarcity does not create value. Shit is also scarce, you go out in the street you cant find any very easy. But doesnt mean its valuable.

[Kasym]

Bitcoin is hoarded, so it's starting to feel like 'what's the point? gold bricks are nicer to look at.' Multiply that factor for 42 coin? Just a guess as to the state of slump..

[coinerer]

DOGE is so much bigger scam and has higher price than 42. See market capitalization.

Soon 42 might become good opportunity to invest. Wait, think and try to find good price to start again.

[oscar5]

I missed the 42 train, now im trying 66. What do you think guys, does it have chance to be added on crypsy and hit 1000btc like 42 did it 

[cryptohunter]

Why was 42 trading so high anyway? There are much better coins and more popular like DOGE trading for 160 Satoshi.

42 Still trading at an enormous high price of billions of Satoshi per 42. Its absurd.

Scarcity does not create value. Shit is also scarce, you go out in the street you cant find any very easy. But doesnt mean its valuable.

In some cases what you say is true... your brain matter is scarce and what little there is is without any value. In most cases though you are wrong about that as you probably are with most other things.
A noob with no clue. Get back to mining your scam coins with no announce - instamined shitclones are a better fit for you.

[brokedummy]

I missed the 42 train, now im trying 66. What do you think guys, does it have chance to be added on crypsy and hit 1000btc like 42 did it 

Not a chance in hell bud.

[brooklynite]

Why was 42 trading so high anyway? There are much better coins and more popular like DOGE trading for 160 Satoshi.

42 Still trading at an enormous high price of billions of Satoshi per 42. Its absurd.

Scarcity does not create value. Shit is also scarce, you go out in the street you cant find any very easy. But doesnt mean its valuable.

In some cases what you say is true... your brain matter is scarce and what little there is is without any value. In most cases though you are wrong about that as you probably are with most other things.
A noob with no clue. Get back to mining your scam coins with no announce - instamined shitclones are a better fit for you.

wow a senior member with no skills on how to talk. Im sorry you thought some crap someone cloned by copy and paste is worth $1 million  per 42 coin. Now you are still holding thinking its worth $200,000 per coin.

Keep holding until your brain gets mushier than it is now. Keep hoping. 42 is done. People moved on. Its not like NTC, LTC, NET, DOGE and other solid coins that hold their value for months.

[mfpowernl]

The amount of a coin is not important! The N factor is

[Hazard]

You don't say... A gimmick coin decreasing in value over time?

[dedicatedpoolcom]

Multipools killed this coin.  Made it impossible for any other smaller pools without 5GH/s focused on 42 to even mine it.  Multipools also killed TIPS and MOON too and countless others.  I heard TIPS is going to add in Komoto Gravity soon.. that would be so awesome!

Coin developers need to add in multipool protection if they want their coins to survive.  In fact, it should be a standard to protect against multipools - no protection?  no mining by miners.  There are excellent resources like Komoto Gravity now that some smart developers have added in to their coins to stop the multipools from raping and destroying their coins.

[brokedummy]

This coin will be back next year probably. Once more coins get mined for cheap at a low diff over the summer.