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post #8341 of 22321
damn, mining 42 first thing on one rig
on the other nutcoin
and on the last doge as its been rising and some extra wont hurt biggrin.gif
 
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Pur Sang
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post #8342 of 22321
Switchercoin has added 42.
post #8343 of 22321
Hashcows has added 42. Doesn't seem that Wafflepool has yet, though.
    
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post #8344 of 22321
Quote:
Originally Posted by legoman786 View Post

Hashcows has added 42. Doesn't seem that Wafflepool has yet, though.

Say goodbye to profitability... Once it hits those multicoin pools difficulty will shoot up and ruin everyone's day.
post #8345 of 22321
For mining? Yes. But if you part attention to trades you can still make a decent amount.
post #8346 of 22321
Quote:
Originally Posted by Darth Scabrous View Post

For mining? Yes. But if you part attention to trades you can still make a decent amount.

I mean no offense by this but what things were you paying attention to when you doubled your money? That to me just seems like blind luck.
post #8347 of 22321
It's had dips all day. Its not like its been staying at that amount the entire time. Also, see how when you trade smaller coins, the change is miniscule with price changes? Now think how big a change it is when you are dealing with a coin worth hundreds of btc, instead of a few satoshi.

At least, that's how I'm able to visualize it. May not make sense to anyone else, and I may be entirely off, but that's just what I've seen.
Edited by Darth Scabrous - 1/13/14 at 10:03am
post #8348 of 22321
Quote:
Originally Posted by Darth Scabrous View Post

It's had dips all day. Its not like its been staying at that amount the entire time. Also, see how when you trade smaller coins, the change is miniscule with price changes? Now think how big a change it is when you are dealing with a coin worth hundreds of btc, instead of a few satoshi.

The last sentence is a hundred percent backwards. As the price goes up in BTC the amount to get an equal return also goes up. To get a 20% positive return you need a coin to go from .0000025 to .0000030 in order for you to get a 20% return on those '42 coins' you had to assume that people would think that they were worth $108,000 dollars more per coin then when you purchased them. You turned out to be right; or lucky, either way. Hopefully your future trading goes as well as that.

For example, when Doge is real low, that is when you make a killing on it. I'll buy at .00000026 and sell at .00000027 in circles from impatient people. What seems like a negligible price difference makes me 3%.
Edited by blkdoutgsxr - 1/13/14 at 10:14am
post #8349 of 22321
I have no idea what caused the bubble on 42 coin but I have a feeling it has something to do with it being added to multi-coin pools, or that it's newly added to Cryptsy (I actually don't know how long it's on Cryptsy since I barely use it).
post #8350 of 22321
I see what you are saying. I'm still learning a lot of stuff, but I'm somewhat hopeful, at least for the rest of today. Usually I make $15 a day, so adding an extra .3btc in one day is...i guess I would say exhilarating?
And maybe I was on at the right time on the right day, who knows? And if I make an incorrect statement anyone, just tell me I'm stupid and what's right. Gotta learn somehow.
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