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

[zing96]

I hope you guys know to use https://bitcoinwisdom.com/markets/mintpal/cloakbtc when trying to gauge the market and its sentiment.

Right now on the 1hr chart its clear to anyone who knows how to read charts that takeoff is approaching

Just though I'd share.

Word, just put all my hashes at the multipool and currently liquidating other coins to increase my Cloak stack

Coinigy also has some nice tools (for almost all exchanges).  You have to request beta access, but it access usually comes within a couple hours.  https://www.coinigy.com.

[Lucif3r]

I hope you guys know to use https://bitcoinwisdom.com/markets/mintpal/cloakbtc when trying to gauge the market and its sentiment.

Right now on the 1hr chart its clear to anyone who knows how to read charts that takeoff is approaching

Just though I'd share.

Can you share your observations with us?

Word, just put all my hashes at the multipool and currently liquidating other coins to increase my Cloak stack

I am sorry to say that the last recent payout was so terrible that I have to move my rig out for now. I love to support this coin but I need to pay my electricity bill too

[Solidchance]

I hope you guys know to use https://bitcoinwisdom.com/markets/mintpal/cloakbtc when trying to gauge the market and its sentiment.

Right now on the 1hr chart its clear to anyone who knows how to read charts that takeoff is approaching

Just though I'd share.

Can you share your observations with us?

Word, just put all my hashes at the multipool and currently liquidating other coins to increase my Cloak stack

I am sorry to say that the last recent payout was so terrible that I have to move my rig out for now. I love to support this coin but I need to pay my electricity bill too

Meh, i consider it as putting up a big buy wall for support, and I've mined plenty of coins that barely broke even, only later to increase in value and covered my bill

[Bobsurplus]

I hope you guys know to use https://bitcoinwisdom.com/markets/mintpal/cloakbtc when trying to gauge the market and its sentiment.

Right now on the 1hr chart its clear to anyone who knows how to read charts that takeoff is approaching

Just though I'd share.

Can you share your observations with us?


Sure, I seem to think that we have found a new floor at  55-57 and are now climbing back up over 70K, I believe that seeing 7500 cloak to 69k and 39000 cloak to 50k also indicates that takeoff is about to happen.

[Coolstoryteller]

Anyone else have issues with the wallet syncing? Mine just stopped a few hours ago. I have the updated nodes in the .conf

[orco#2]

I fucking love CLOAKCOIN!!!

I'll be holding til we hit 0.1BTC

 

See, that is what I think to.  4.5 million coins.  So few.  Cool things in the pipeline.

[ClutchThese]

Anyone else have issues with the wallet syncing? Mine just stopped a few hours ago. I have the updated nodes in the .conf

Just resynced mine. Everything's running smooth from my end.

[Bobsurplus]

I fucking love CLOAKCOIN!!!

I'll be holding til we hit 0.1BTC

 

See, that is what I think to.  4.5 million coins.  So few.  Cool things in the pipeline.

I cant wait!!

[Bobsurplus]

In other really cool news

Cointicker app just added cloak coin, so now I can add cloak to my portfolio and keep track of everything nicely!

Sweet!

[vested]

anyone having issues with transactions? i tried to transfer from bittrex and it was pending for like 2 hours

It's fine now. Try again.

If it's still giving you issues, log out and log back in.

Thanks turns out the problem was quite easy.

[heartastack]

In other really cool news

Cointicker app just added cloak coin, so now I can add cloak to my portfolio and keep track of everything nicely!

Sweet!

Sweet, glad my votes counted for something

[zing96]

Anyone else have issues with the wallet syncing? Mine just stopped a few hours ago. I have the updated nodes in the .conf

Just resynced mine. Everything's running smooth from my end.

Yep, I've been having issues - one of which nearly gave me a heart attack - I thought I lost all my coins.  Luckily, I had a backup of my wallet (not just copy/paste of the wallet.dat - created via the UI:  File -> Backup Wallet).  If I hadn't done that, I would have lost everything.

[Coolstoryteller]

Anyone else have issues with the wallet syncing? Mine just stopped a few hours ago. I have the updated nodes in the .conf

Just resynced mine. Everything's running smooth from my end.

Yep, I've been having issues - one of which nearly gave me a heart attack - I thought I lost all my coins.  Luckily, I had a backup of my wallet (not just copy/paste of the wallet.dat - created via the UI:  File -> Backup Wallet).  If I hadn't done that, I would have lost everything.

I make backups quite frequently - it's always a good idea. Are you using mac or windows? Seems mine is stuck at 99.88%

[ozkraut]

My wallet now shows Balance and 'Staked' portions. Bit worried as I do not know how this exactly works and it 'seems' to lock up part of my available coins which is fine if there is a mechanism to 'unstake' or the like? Staked portion seems roughly 33% of total coins I have. Is the stake locked ? Can it be configured ? Can total balance eg balance & staked be transacted out of the wallet? Anybody know? I did read the 'stake' portion of the whitepaper as per below. No mention of how stakes work as far as I can tell. Stake based mining works great btw. Love the coin. Just a little paranoid...(;-)

As per the whitepaper:

Stake Mining and Anonymization
As part of the stake mining process, the elected node will process the special transaction package from
its memory pool. The anonymization system is a two-pass process flow. If the elected node is
processing Phase 1, it will solve the block and the output will be assigned to an internal address at the
node. The node will earn a fee for this service, and then redeem the input by recursing back to the
election process, to elect a node for Phase 2. The node then constructs an anonymizing transaction
package and broadcasts it to the elected Phase 2 node.
Again in the Phase 2 pass the originator and recipient are not recorded, instead the transaction occurs
between the Phase 1 and Phase 2 nodes.

[ozkraut]

As I write this the proportion has change to nearly half staked vs balance. Is this a coin age thing ?

[duru]

My wallet now shows Balance and 'Staked' portions. Bit worried as I do not know how this exactly works and it 'seems' to lock up part of my available coins which is fine if there is a mechanism to 'unstake' or the like? Staked portion seems roughly 33% of total coins I have. Is the stake locked ? Can it be configured ? Can total balance eg balance & staked be transacted out of the wallet? Anybody know? I did read the 'stake' portion of the whitepaper as per below. No mention of how stakes work as far as I can tell. Stake based mining works great btw. Love the coin. Just a little paranoid...(;-)

As per the whitepaper:

Stake Mining and Anonymization
As part of the stake mining process, the elected node will process the special transaction package from
its memory pool. The anonymization system is a two-pass process flow. If the elected node is
processing Phase 1, it will solve the block and the output will be assigned to an internal address at the
node. The node will earn a fee for this service, and then redeem the input by recursing back to the
election process, to elect a node for Phase 2. The node then constructs an anonymizing transaction
package and broadcasts it to the elected Phase 2 node.
Again in the Phase 2 pass the originator and recipient are not recorded, instead the transaction occurs
between the Phase 1 and Phase 2 nodes.

go in to settings and click on options and configure the reserve, pretty straightforward from there in the gui, but you really don't need to worry.

[djslick]

Anyone else have issues with the wallet syncing? Mine just stopped a few hours ago. I have the updated nodes in the .conf

Just resynced mine. Everything's running smooth from my end.

Yep, I've been having issues - one of which nearly gave me a heart attack - I thought I lost all my coins.  Luckily, I had a backup of my wallet (not just copy/paste of the wallet.dat - created via the UI:  File -> Backup Wallet).  If I hadn't done that, I would have lost everything.

why wouldn't a copy/paste of wallet.dat not be enough? i thought that this was all you needed for any wallet to be restored?

[ozkraut]

My wallet now shows Balance and 'Staked' portions. Bit worried as I do not know how this exactly works and it 'seems' to lock up part of my available coins which is fine if there is a mechanism to 'unstake' or the like? Staked portion seems roughly 33% of total coins I have. Is the stake locked ? Can it be configured ? Can total balance eg balance & staked be transacted out of the wallet? Anybody know? I did read the 'stake' portion of the whitepaper as per below. No mention of how stakes work as far as I can tell. Stake based mining works great btw. Love the coin. Just a little paranoid...(;-)

As per the whitepaper:

Stake Mining and Anonymization
As part of the stake mining process, the elected node will process the special transaction package from
its memory pool. The anonymization system is a two-pass process flow. If the elected node is
processing Phase 1, it will solve the block and the output will be assigned to an internal address at the
node. The node will earn a fee for this service, and then redeem the input by recursing back to the
election process, to elect a node for Phase 2. The node then constructs an anonymizing transaction
package and broadcasts it to the elected Phase 2 node.
Again in the Phase 2 pass the originator and recipient are not recorded, instead the transaction occurs
between the Phase 1 and Phase 2 nodes.

Cheers. Mining like a champ. Receipt every minute. The future of mining ! So fkn green!  I have to go and burn a tire in the yard to offset against wasted btc electricity (;-) Should really push this point eg the 'green' aspect. The power used to mine btc / scrypt is pretty insane...

go in to settings and click on options and configure the reserve, pretty straightforward from there in the gui, but you really don't need to worry.

[sdersdf2]

Anything special happening with this coin now or soon?

[heartastack]

Anything special happening with this coin now or soon?

Yeah a new wallet with Tor and in-wallet trading due today. And the fully decentralised proof of stake anon feature (PoSA) 9 days away (see count down timer in OP).

Also a forum vote for next most wanted feature after today's release.