[ANN] 42 | Time to Revive 42 Coin - Everyone get in here!!! - page 89.

Tarka

newbie

Activity: 49

Merit: 0

Quote from: TeraflopGigabyte on January 17, 2014, 01:47:16 PM

Dad tought me one thing: Buy when everyone sells, and sell when everyone buys. Of course, after a while.

Guaranteed profit. Not as high, as expected, but always profit.

Sorry for my english, I'm thinking in my language so commas may be in weird places.

Your Dad is wise

StewartJ

sr. member

Activity: 392

Merit: 250

Quote from: brokedummy on January 17, 2014, 02:38:37 PM

I think all of us smart enough to be here at the beginning of the crypto coin revolution will become filthy rich in a few years time. Each year more and more of us will turn millionaire and more and more will try to emulate and it will just keep growing. Short term though, not too promising for cryptos. I think we'll go lower before we go higher. My plans for 2014: Mine and dump and build fiat and BTC/LTC/42 reserves, then buy back into the shitcoins lower, hopefully at the bottom. Then just hold until the next bitcoin bubble and cashout everything on the greed spike; wait for the panic crash and buy the coins back for half price.

OK, you had me at "....and build fiat and BTC/LTC/42 reserves"

mavis369

full member

Activity: 140

Merit: 100

Silk Road Bitcoins Will be Sold Through US Marshal Auction Not on Open Exchange - See more at: http://www.pfhub.com/silk-road-bitcoins-will-be-sold-though-us-marshal-auction-not-on-open-exchange-...

brokedummy

legendary

Activity: 980

Merit: 1004

I think all of us smart enough to be here at the beginning of the crypto coin revolution will become filthy rich in a few years time. Each year more and more of us will turn millionaire and more and more will try to emulate and it will just keep growing. Short term though, not too promising for cryptos. I think we'll go lower before we go higher. My plans for 2014: Mine and dump and build fiat and BTC/LTC/42 reserves, then buy back into the shitcoins lower, hopefully at the bottom. Then just hold until the next bitcoin bubble and cashout everything on the greed spike; wait for the panic crash and buy the coins back for half price.

infovortice2013

legendary

Activity: 1176

Merit: 1000

be sure 42 rise up, this crash its done by multipools that disturb serius miners and sell all coins same second they catch dont mind for they if is low price. So btc price is going down people sure will buy and have power up on 42 inversions, with 6 btc you pull price until 1k easy

FreePls

full member

Activity: 238

Merit: 100

sigh i hope it will rise to 1000btc/42 again..

TeraflopGigabyte

newbie

Activity: 56

Merit: 0

Quote from: brokedummy on January 17, 2014, 02:05:39 PM

Quote from: janos666 on January 17, 2014, 01:56:03 PM

Quote from: TeraflopGigabyte on January 17, 2014, 01:47:16 PM

Dad tought me one thing: Buy when everyone sells, and sell when everyone buys. Of course, after a while.

Guaranteed profit. Not as high, as expected, but always profit.

Sorry for my english, I'm thinking in my language so commas may be in weird places.

Tell this to coins like this for an example:

http://imagizer.imageshack.us/v2/800x600q90/10/cnd2.png

The current network speed of this example coin is about 1/10 of my personal rig's speed (5x290).
Would you still buy? Shocked

Is it still profitable to mine it? If so then no. Mine it and keep dumping, then buy the coins back lower. If it's not profitable to mine it, then I would buy a bit on the way down, not a whole lot, but if it ever does shoot up, a little can become a lot. I treat my crypto trading more like legalized gambling anyway. Every crypto can potentially be used as a vehicle for future pumping. Look at what happened to junkcoin. I bought a tiny bit when market cap was 50k, then somebody pumped it to 1 million overnight so I sold my junk coins and the millionare has been dumping on unsuspecting noobs ever since.

Exactly!
It's just like blackjack with friends. I started from nothing. I never spent any real money for cryptocoins, I'm mining since about a month, electricity for free, shitty GPU and CPU (9600GT, Athlon x2 3.14 GHz) and I'm owner of 0.07 BTC (at this moment, when 42 was at 1500 BTC, I had 0.16). And I'm doing it for lulz mostly. But honestly - I'm never going to be pro miner. It's for me too risky.

brokedummy

legendary

Activity: 980

Merit: 1004

Quote from: janos666 on January 17, 2014, 01:56:03 PM

Quote from: TeraflopGigabyte on January 17, 2014, 01:47:16 PM

Dad tought me one thing: Buy when everyone sells, and sell when everyone buys. Of course, after a while.

Guaranteed profit. Not as high, as expected, but always profit.

Sorry for my english, I'm thinking in my language so commas may be in weird places.

Tell this to coins like this for an example:

The current network speed of this example coin is about 1/10 of my personal rig's speed (5x290).
Would you still buy? Shocked

Is it still profitable to mine it? If so then no. Mine it and keep dumping, then buy the coins back lower. If it's not profitable to mine it, then I would buy a bit on the way down, not a whole lot, but if it ever does shoot up, a little can become a lot. I treat my crypto trading more like legalized gambling anyway. Every crypto can potentially be used as a vehicle for future pumping. Look at what happened to junkcoin. I bought a tiny bit when market cap was 50k, then somebody pumped it to 1 million overnight so I sold my junk coins and the millionare has been dumping on unsuspecting noobs ever since.

TeraflopGigabyte

newbie

Activity: 56

Merit: 0

Quote from: janos666 on January 17, 2014, 01:56:03 PM

Quote from: TeraflopGigabyte on January 17, 2014, 01:47:16 PM

Dad tought me one thing: Buy when everyone sells, and sell when everyone buys. Of course, after a while.

Guaranteed profit. Not as high, as expected, but always profit.

Sorry for my english, I'm thinking in my language so commas may be in weird places.

Tell this to coins like this for an example:

http://imagizer.imageshack.us/v2/800x600q90/10/cnd2.png

The current network speed of this example coin is about 1/10 of my personal rig's speed (5x290).
Would you still buy? Shocked

I was talking about what to do, when there's a sudden change. Like pump or crash. Of course, this is too simple what I told. But can't translate whole thing to English - still too little knowlege Embarrassed

infovortice2013

legendary

Activity: 1176

Merit: 1000

yeah price going down by american goberment are selling all btc from silk road

mavis369

full member

Activity: 140

Merit: 100

BTC $877 here https://www.mtgox.com/trade

brokedummy

legendary

Activity: 980

Merit: 1004

Quote from: skywave on January 17, 2014, 01:46:26 PM

Quote

Bitcoin is at 778, not going to be good day for cryptos.

from which site is that rate?
I see 800+ on coinmarketcap

http://bitcoinwisdom.com/markets/bitstamp/btcusd

smoky001

member

Activity: 139

Merit: 10

Astrum

Quote from: brokedummy on January 17, 2014, 01:24:19 PM

Quote from: janos666 on January 17, 2014, 01:14:21 PM

Quote from: infovortice2013 on January 17, 2014, 12:35:05 PM

ey only 1.33 ghash netrate , why i dont win double or more mining than yerterday that its about 12 ghash??

I see 0.3 Gh/s now. Roll Eyes

LOL! I knew this coin will die on me but I didn't sell around 1000 BTC/42 regardless, even though this is the second in the row for me this month (dieing coins I bought myself into during the first dip, held onto at second pump and now watch it monotonically fall).
And it's back to 1.2 Gh/s now.

What is the difficulty at on these swings?

Network Info
Difficulty    19.96401542
Est Next Difficulty    3.02885725 (Change in 1 Blocks)
Est. Avg. Time per Block    4 minutes 29 seconds
Current Block    13222

wish that diff stay so low

janos666

hero member

Activity: 588

Merit: 500

Quote from: TeraflopGigabyte on January 17, 2014, 01:47:16 PM

Dad tought me one thing: Buy when everyone sells, and sell when everyone buys. Of course, after a while.

Guaranteed profit. Not as high, as expected, but always profit.

Sorry for my english, I'm thinking in my language so commas may be in weird places.

Tell this to coins like this for an example:

The current network speed of this example coin is about 1/10 of my personal rig's speed (5x290).
Would you still buy? Shocked

TeraflopGigabyte

newbie

Activity: 56

Merit: 0

Dad tought me one thing: Buy when everyone sells, and sell when everyone buys. Of course, after a while.

Guaranteed profit. Not as high, as expected, but always profit.

Sorry for my english, I'm thinking in my language so commas may be in weird places.

skywave

sr. member

Activity: 420

Merit: 250

"to endure to achieve"

Quote

Bitcoin is at 778, not going to be good day for cryptos.

from which site is that rate?
I see 800+ on coinmarketcap

brokedummy

legendary

Activity: 980

Merit: 1004

Bitcoin is at 778, not going to be good day for cryptos.

brokedummy

legendary

Activity: 980

Merit: 1004

Quote from: janos666 on January 17, 2014, 01:14:21 PM

Quote from: infovortice2013 on January 17, 2014, 12:35:05 PM

ey only 1.33 ghash netrate , why i dont win double or more mining than yerterday that its about 12 ghash??

I see 0.3 Gh/s now. Roll Eyes

LOL! I knew this coin will die on me but I didn't sell around 1000 BTC/42 regardless, even though this is the second in the row for me this month (dieing coins I bought myself into during the first dip, held onto at second pump and now watch it monotonically fall).
And it's back to 1.2 Gh/s now.

What is the difficulty at on these swings?

janos666

hero member

Activity: 588

Merit: 500

Quote from: infovortice2013 on January 17, 2014, 12:35:05 PM

ey only 1.33 ghash netrate , why i dont win double or more mining than yerterday that its about 12 ghash??

I see 0.3 Gh/s Huh

LOL! I knew this coin will die on me but I didn't sell around 1000 BTC/42 regardless, even though this is the second in the row for me this month (dieing coins I bought myself into during the first dip, held onto at second pump and now watch it monotonically fall).
Edit: And it's back to 1.2 Gh/s now.

mavis369

full member

Activity: 140

Merit: 100

Quote from: busminer on January 17, 2014, 12:57:31 PM

4Sv8W1z59SnXirt3xEszP6SYVBxStShXU1
send some coins have no videocard ^(

Neither do I mate, that is why I bought mine Wink

Topic: [ANN] 42 | Time to Revive 42 Coin - Everyone get in here!!! - page 89. (Read 357186 times)