[ANN] 42 | Time to Revive 42 Coin - Everyone get in here!!! - page 97.

hendo420

sr. member

Activity: 420

Merit: 250

This coin has turned half of my facebook friends into miners btw. lol

People who only knew what bitcoin was through me, now want to mine 42.

Every other day I'm walking one of my friends through how to mine it. Grin

All it took was a few posts on my facebook wall about how 42s high has been something like $1.8mil per coin.

ozzymax

full member

Activity: 182

Merit: 100

Quote from: hendo420 on January 16, 2014, 01:36:30 PM

Quote from: ozzymax on January 16, 2014, 01:33:52 PM

Quote from: hendo420 on January 16, 2014, 01:26:15 PM

Quote from: skillrun on January 16, 2014, 08:45:48 AM

what you think, how low will go today ?
Anyone knows why we take this dip ?

Any thoughts ?

Quote from: cryptodave on January 16, 2014, 09:24:34 AM

somebody is liquidating all the coins from the hacks, seems to be a lot.... Roll Eyes

I watched someone sell about 14btc worth of 42 lastnight. It broke my heart.

First they obliterated 2 buy walls, one 5btc and one 2btc.

Then they set up sell orders for another 5btc and 2btc.

I went to bed at that point. Cry

Who is to blame for the Hacks Hendo, is it the pool owners? it's a shame, there should have been measures put in place before mining pools are launched. there are always hackers hitting new coins. pool owners should know this by now. Sad

Its not always the pool owners fault. There is a hacker that has a list of login details from some compromised pool. They now take that around to all the altcoin pools and attempt to log in with thoes details.

This is why it is so important to use unique passwords.

Well now that you are back, there will be new confidence in the market i'm sure. I don't have enough hashing power to mine effectively not even on a pool with my 350kh/s so I bought in when it was over a thousand. I'm sure we will see that price again and beyond, I'm holding.

mavis369

full member

Activity: 140

Merit: 100

Well I ave been well and truelly buggered by this coin, and all its hype, bought in at 1155, 5BTC worth, all my other coin holdings to tell the truth. I will just have to hold and hope to God they go back up. Cry

hendo420

sr. member

Activity: 420

Merit: 250

Quote from: ozzymax on January 16, 2014, 01:33:52 PM

Quote from: hendo420 on January 16, 2014, 01:26:15 PM

Quote from: skillrun on January 16, 2014, 08:45:48 AM

what you think, how low will go today ?
Anyone knows why we take this dip ?

Any thoughts ?

Quote from: cryptodave on January 16, 2014, 09:24:34 AM

somebody is liquidating all the coins from the hacks, seems to be a lot.... Roll Eyes

I watched someone sell about 14btc worth of 42 lastnight. It broke my heart.

First they obliterated 2 buy walls, one 5btc and one 2btc.

Then they set up sell orders for another 5btc and 2btc.

I went to bed at that point. Cry

Who is to blame for the Hacks Hendo, is it the pool owners? it's a shame, there should have been measures put in place before mining pools are launched. there are always hackers hitting new coins. pool owners should know this by now. Sad

Its not always the pool owners fault. There is a hacker that has a list of login details from some compromised pool. They now take that around to all the altcoin pools and attempt to log in with thoes details.

This is why it is so important to use unique passwords.

ozzymax

full member

Activity: 182

Merit: 100

Quote from: hendo420 on January 16, 2014, 01:26:15 PM

Quote from: skillrun on January 16, 2014, 08:45:48 AM

what you think, how low will go today ?
Anyone knows why we take this dip ?

Any thoughts ?

Quote from: cryptodave on January 16, 2014, 09:24:34 AM

somebody is liquidating all the coins from the hacks, seems to be a lot.... Roll Eyes

I watched someone sell about 14btc worth of 42 lastnight. It broke my heart.

First they obliterated 2 buy walls, one 5btc and one 2btc.

Then they set up sell orders for another 5btc and 2btc.

I went to bed at that point. Cry

Who is to blame for the Hacks Hendo, is it the pool owners? it's a shame, there should have been measures put in place before mining pools are launched. there are always hackers hitting new coins. pool owners should know this by now. Sad

hendo420

sr. member

Activity: 420

Merit: 250

Quote from: skillrun on January 16, 2014, 08:45:48 AM

what you think, how low will go today ?
Anyone knows why we take this dip ?

Any thoughts ?

Quote from: cryptodave on January 16, 2014, 09:24:34 AM

somebody is liquidating all the coins from the hacks, seems to be a lot.... Roll Eyes

I watched someone sell about 14btc worth of 42 lastnight. It broke my heart.

First they obliterated 2 buy walls, one 5btc and one 2btc.

Then they set up sell orders for another 5btc and 2btc.

I went to bed at that point. Cry

coinpool_de

sr. member

Activity: 504

Merit: 250

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loaded101

member

Activity: 73

Merit: 10

Maco (the dev's assistant) is showing as online now - hopefully we will hear from him soon what is being done to keep the promotion of the coin going!

As an aside the buy / sell depth chart on cryptsy is now looking promising.

As for what happened to the premine there are references to this earlier in the thread if you care to read / search back.

EDIT:

This link should help:

http://altexplorer.net/block/f540ad3fca5831ee9537bafd92aa7fc0dc96a9c3016544e95d55553ff4f25273

skillrun

member

Activity: 98

Merit: 10

Quote from: flipstyle on January 16, 2014, 01:07:52 PM

So do we know the dev's blockchain address?

Can we confirm he hasn't/didn't sell a great majority of his premine when the prices were high before the crash?

That could prove telling....

he sent out free coins @ the giveaway so we could track this address...

flipstyle

sr. member

Activity: 406

Merit: 250

So do we know the dev's blockchain address?

Can we confirm he hasn't/didn't sell a great majority of his premine when the prices were high before the crash?

That could prove telling....

GoldenChalice

newbie

Activity: 14

Merit: 0

DON'T WORRY GUYS JUST HOLD.

Now it is almost under 600 BTC.

It's a fucking scam. The coin should have held it's price if it wasn't.

All it was was another pump and dump.

I traded out. Went from 0.236 bitcoins to 0.09.

Only miners profited. Guys like me are bag holders.

A big fuck you to you pump and dumpers.

flipstyle

sr. member

Activity: 406

Merit: 250

Quote from: Zombie123 on January 16, 2014, 12:54:53 PM

Quote from: flipstyle on January 16, 2014, 12:53:07 PM

Quote from: Zombie123 on January 16, 2014, 12:51:07 PM

This is how I played this coin and it worked for most part
Sold all my mined coins at 1500 !
Bought at 1000 sold at 1200
Bought at 900 sold at 1100
bought at 850 sold at 1000
bought at 800/750/700/650 ( was sleeping so all walls broke lol) Grin

was scared sold all at 700 ( obviously bought a lot more at 650 so overall it was fine )

Good luck I am out now

how many 'dents' do you get for those spot prices? I'm still confused as to the unit of measure and pricing of this stuff.

If price is 1000BTC for 1 42
==> 1 BTC = .001 "42" == .001 * 10000000 = 100,000 DENTS

thank you, good sir...that cleared everything up

StewartJ

sr. member

Activity: 392

Merit: 250

Quote from: nesco1805 on January 16, 2014, 12:19:16 PM

Quote from: tjc on January 16, 2014, 12:10:19 PM

You can not promote a coin without resources. A 1% premine is very reasonable. Do what you need to do dev(s).

The leader owns ~50% of TOTAL 42 volume (minus everything he sold)

You're a moron if you think that's reasonable

http://altexplorer.net/chain/42
Coins: 0.9377337

That is the total of the coins mined, not owned by the Dev.

Zombie123

legendary

Activity: 868

Merit: 1000

Quote from: flipstyle on January 16, 2014, 12:56:14 PM

Quote from: Zombie123 on January 16, 2014, 12:54:53 PM

Quote from: flipstyle on January 16, 2014, 12:53:07 PM

Quote from: Zombie123 on January 16, 2014, 12:51:07 PM

This is how I played this coin and it worked for most part
Sold all my mined coins at 1500 !
Bought at 1000 sold at 1200
Bought at 900 sold at 1100
bought at 850 sold at 1000
bought at 800/750/700/650 ( was sleeping so all walls broke lol) Grin

was scared sold all at 700 ( obviously bought a lot more at 650 so overall it was fine )

Good luck I am out now

how many 'dents' do you get for those spot prices? I'm still confused as to the unit of measure and pricing of this stuff.

1 Dent == 1santoshi 42

ie .00000001 42 == 1 Dent

thanks

I was more referring to the chart prices...

ie: its current ~600 price...how many dents for that price?

If price is 1000BTC for 1 42
==> 1 BTC = .001 "42" == .001 * 100000000 = 100,000 DENTS

for 600

600BTC = 1 FortyTwo
1BTC = 1/600 Forty Two == (1/600)*100000000 == 166666 DENTS

tjc

full member

Activity: 145

Merit: 100

Quote from: nesco1805 on January 16, 2014, 12:48:46 PM

Quote from: tjc on January 16, 2014, 12:38:17 PM

He owned a 100% of it all in the first 1 minute. If its not promoted well, he will eventually own 50% of nothing forever.

What is a reasonable premine for you?

Why do you think we have new coin every day? Most of them will never hit exchange, but if they do...
Almost every 1-2% premined alt-coin has it's owner sitting at 50% supply the moment coin hits exchange.
I don't think that's reasonable at all. Unless its warranted with something that's really extraordinary.

Yes, thank you, I get the alt coin game.

Now, if you are a legit dev with a meaningful coin - tell me what you think is a reasonable premine would be.

flipstyle

sr. member

Activity: 406

Merit: 250

Quote from: Zombie123 on January 16, 2014, 12:54:53 PM

Quote from: flipstyle on January 16, 2014, 12:53:07 PM

Quote from: Zombie123 on January 16, 2014, 12:51:07 PM

This is how I played this coin and it worked for most part
Sold all my mined coins at 1500 !
Bought at 1000 sold at 1200
Bought at 900 sold at 1100
bought at 850 sold at 1000
bought at 800/750/700/650 ( was sleeping so all walls broke lol) Grin

was scared sold all at 700 ( obviously bought a lot more at 650 so overall it was fine )

Good luck I am out now

how many 'dents' do you get for those spot prices? I'm still confused as to the unit of measure and pricing of this stuff.

1 Dent == 1santoshi 42

ie .00000001 42 == 1 Dent

thanks

I was more referring to the chart prices...

ie: its current ~600 price...how many dents for that price?

Zombie123

legendary

Activity: 868

Merit: 1000

Quote from: flipstyle on January 16, 2014, 12:53:07 PM

Quote from: Zombie123 on January 16, 2014, 12:51:07 PM

This is how I played this coin and it worked for most part
Sold all my mined coins at 1500 !
Bought at 1000 sold at 1200
Bought at 900 sold at 1100
bought at 850 sold at 1000
bought at 800/750/700/650 ( was sleeping so all walls broke lol) Grin

was scared sold all at 700 ( obviously bought a lot more at 650 so overall it was fine )

Good luck I am out now

how many 'dents' do you get for those spot prices? I'm still confused as to the unit of measure and pricing of this stuff.

If price is 1000BTC for 1 42
==> 1 BTC = .001 "42" == .001 * 10000000 = 100,000 DENTS

flipstyle

sr. member

Activity: 406

Merit: 250

Quote from: Zombie123 on January 16, 2014, 12:51:07 PM

This is how I played this coin and it worked for most part
Sold all my mined coins at 1500 !
Bought at 1000 sold at 1200
Bought at 900 sold at 1100
bought at 850 sold at 1000
bought at 800/750/700/650 ( was sleeping so all walls broke lol) Grin

was scared sold all at 700 ( obviously bought a lot more at 650 so overall it was fine )

Good luck I am out now

how many 'dents' do you get for those spot prices? I'm still confused as to the unit of measure and pricing of this stuff.

Zombie123

legendary

Activity: 868

Merit: 1000

This is how I played this coin and it worked for most part
Sold all my mined coins at 1500 !
Bought at 1000 sold at 1200
Bought at 900 sold at 1100
bought at 850 sold at 1000
bought at 800/750/700/650 ( was sleeping so all walls broke lol) Grin

was scared sold all at 700 ( obviously bought a lot more at 650 so overall it was fine )

Good luck I am out now

ozzymax

full member

Activity: 182

Merit: 100