[ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA

[loges]

whats wrong with this coin's price?

It's too low.

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[fearcoka]

whats wrong with this coin's price?

It's too low.

lol yup but remember this is healthy

[Cyberlight]

Looks like CLOAK is gaining some traction again  

And down.... greedy whale fuckers and their manipulation.

They only scare new investors.

[djslick]

ech, this is all par for the course.

[zing96]

New dedicated Multipool available for CLOAK.

Payouts every 24 hours and dropping down to 12 hours with more users.

No need to signup, just your cloak address.

http://www.multihashing.com/

This is great.  My experience with CoinKing was not that great.  No matter what server I was on, my reject rate was always WAY too high.  They're the only pool I've ever had that issue with.

[heartastack]

Just caught a 3 hour plane flight. I bought 2btc of cloak right before the flight which bid the price from 53k to 56k. Looking at the chart it looks like traders tried to use that momentum to create a rally which was successful up to 60k then minor profit taking has bought it right bake to my buy level. This tells me I'm the only active buyer in the last couple of hours. There is nothing wrong with the price, nor are whales screwing wth it. We're just accumulating before the next development/news release.

I've noticed this pattern every time I bulk-buy a coin. I guess the traders want to make it look like the price is about to 'run away' and entice more buys, once the effect wares off they sell into the new orders.

[djslick]

it's going to take some time to see that volume again, it happened 2 weeks ago on bittrex on it's first run to 28k or so then tapered off. having so much volume going through at around 70k there's no incentive to sell cheap, so %90 of that 4-5000 BTC worth of trades are just holding. it takes a couple dozen BTC to bring it right back to 70k land, so the "last trade" price is deceptive, when this baby's ready to fly again it's not going to take much.

and we have no shortage of announcements to ride on in the past couple days, and in the next couple days coming up, stoked for the new Tor enabled wallet!

[milkyway]

what would tor enabled wallet do?

[lohveh]

So you all think the "pump" will come in 20/30 days ? 

[mkasiak]

I believe, this coin will follow pattern of Cryptcoin and Vericon, which where also chosen by Mintpal. After initial pump, there was deep dump and then 1-2 days later megapump rising value of the coin 2-3 times. And then there was final dump.

So it is good time to buy it now. It should not go much lower, otherwise whales risk they will not be able to rise price as high as they want. And pump will be done soon, before people forget this coin.

It is manipulation, but you can ride the wave, if you enter and leave at the right moment. 

[mkasiak]

And one more advice - if you bought it too high, you do not have to wait till price goes back to same level. If you buy same amount now, you will cover your looses on half way to price in which you bought the coin first time.

[jorrr]

what would tor enabled wallet do?

+1 can anyone explain this in newby terms? thanks!

[youngmike]

I believe, this coin will follow pattern of Cryptcoin and Vericon, which where also chosen by Mintpal. After initial pump, there was deep dump and then 1-2 days later megapump rising value of the coin 2-3 times. And then there was final dump.

You still don't get it? How can you even compare CLOAK to those P&D-coins?

[J9901]

I believe, this coin will follow pattern of Cryptcoin and Vericon, which where also chosen by Mintpal. After initial pump, there was deep dump and then 1-2 days later megapump rising value of the coin 2-3 times. And then there was final dump.

So it is good time to buy it now. It should not go much lower, otherwise whales risk they will not be able to rise price as high as they want. And pump will be done soon, before people forget this coin.

It is manipulation, but you can ride the wave, if you enter and leave at the right moment. 

i personally think its going to take more than a few days until this coin gets a REAL pump.

but aside from that, i agree with you that now is the best time to buy.

[Miga]

Cloakcoin on Bitcoinwisdom!!! 

https://bitcoinwisdom.com/markets/mintpal/cloakbtc

[klopper]

whats wrong with this coin's price?

It's too low.

lol yup but remember this is healthy

Yeah, profit must be taken after such a sharp rise. The market moves in waves, cant only go up.Looks like 50k is bottom now. This is a rocket. Surf the waves or be patient, you wont get 100x profit over night.

[darkproton]

whats wrong with this coin's price?

It's too low.

lol yup but remember this is healthy

Yeah, profit must be taken after such a sharp rise. The market moves in waves, cant only go up.Looks like 50k is bottom now. This is a rocket. Surf the waves or be patient, you wont get 100x profit over night.

I cannot stress this enough. People may disagree but it may take a month or two for this coin to hit it's optimal price. Remember 2 huge factors
1) Cloak is super young. Not even 3 weeks old.
2) 5 million coins have been effectively released in that time frame. That's a lot of coins to obsorb.
Now, with that said , the dev had been outstanding. I don't think anyone would complain if coin made a huge 50 fold jump in 6 week's time.

[TheDagger]

As requested, a community development fund address has been created.

Any Cloakcoin donated will go to the guys behind CLOAK making it happen.

CCGxyT64vCE2o6jxinm4TdqVBbTo5cN39C

[Givatoshi_Moremoto]

As requested, a community development fund address has been created.

Any Cloakcoin donated will go to the guys behind CLOAK making it happen.

CCGxyT64vCE2o6jxinm4TdqVBbTo5cN39C

First to donate, 10 cloaks 
I will try to keep donating my pos income.

Keep up the good work Dagger!

[youngmike]

Donated few cloaks too. Most innovative dev team this far.