Post
Topic
Board Announcements (Altcoins)
Re: [ANN] 42 | + | + super rare + | + | + | + only 42 coins to be mined + | + | + |
by
brokedummy
on 15/01/2014, 13:24:08 UTC
Price practically depend on the altcoin market as whole. Investors can only buy new coins from miners. Miners will only mine coins which are profitable to mine.
So, either investors give miners a nice enough price to continue the mining or the coin dies. This price is relative to all the other scrypt based altcoins out there.

42 won't die even then, because you have people like me waiting to mine it again when the hype dies down.