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Author Topic: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA  (Read 1266543 times)
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eatenbyagrue
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July 10, 2014, 06:21:38 AM
 #6701

Is it a concern that CLOAK is held in too few hands?  It seems like many people talk about having a few thousand CLOAK or more already.  So let's say someone has 4500 CLOAK.  That is effectively 1/1000th of all the CLOAK in existence, and CLOAK is only growing by 6% per year.  So if only a few hundred or a thousand people hold this coin, how can in grow in value?  It has to be spread among many and being used to be of any value!
youngmike
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July 10, 2014, 06:23:25 AM
 #6702

Is it a concern that CLOAK is held in too few hands?  It seems like many people talk about having a few thousand CLOAK or more already.  So let's say someone has 4500 CLOAK.  That is effectively 1/1000th of all the CLOAK in existence, and CLOAK is only growing by 6% per year.  So if only a few hundred or a thousand people hold this coin, how can in grow in value?  It has to be spread among many and being used to be of any value!

I can sell few to you in reasonable cheap 0.01btc price  Smiley
tubesteak
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July 10, 2014, 06:25:13 AM
 #6703

 Wink
Is it a concern that CLOAK is held in too few hands?  It seems like many people talk about having a few thousand CLOAK or more already.  So let's say someone has 4500 CLOAK.  That is effectively 1/1000th of all the CLOAK in existence, and CLOAK is only growing by 6% per year.  So if only a few hundred or a thousand people hold this coin, how can in grow in value?  It has to be spread among many and being used to be of any value!

I can sell few to you in reasonable cheap 0.01btc price  Smiley
I'm not so cheap. my price is 0.1 Wink

SLG: SPWZuB9HsZVQNiHCbLQyw32EdRdVtt87We
madmanbts
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July 10, 2014, 06:26:07 AM
 #6704

I want to buy a few btc worth of cloak, can someone explain what are the strenghts and features, and why do people say its a descentralized exchange? I just dont have the time to read all 300+ pages. Thanks

The OP has all the whitepapers/info you'll need on CloakSend//CloakTrade//OneMarket

https://bitcointalk.org/index.php?topic=637704.msg7114657#msg7114657
Thanks, I thought there might be a compressed version of all those whitepapers.
I just want to point out that it's people like me, late commers, that drive the price higher not the early investors like yourself. So people like  me who just want to buy some cloak now, really need just a few points of info about the coin.

Anyway I'll start reading the papers tomorrow. Good luck to all!
raw1
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July 10, 2014, 06:35:54 AM
 #6705

I want to buy a few btc worth of cloak, can someone explain what are the strenghts and features, and why do people say its a descentralized exchange? I just dont have the time to read all 300+ pages. Thanks

The OP has all the whitepapers/info you'll need on CloakSend//CloakTrade//OneMarket

https://bitcointalk.org/index.php?topic=637704.msg7114657#msg7114657
Thanks, I thought there might be a compressed version of all those whitepapers.
I just want to point out that it's people like me, late commers, that drive the price higher not the early investors like yourself. So people like  me who just want to buy some cloak now, really need just a few points of info about the coin.

Anyway I'll start reading the papers tomorrow. Good luck to all!

all you have to know cloak have :
cloaktrader: allow you to sell and buy coins direct from your wallet already in wallet ,
PoSA : anon feature with no coin mixing like drk ,xc and decentralized , coming today or tomorrow
Onemarket : coming in next month , which allow you to sell and buy anything without escrow or trusted authority
cloakvpn : to add more secure connection
more to come . i dont know if i put all but this short list
raw1
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July 10, 2014, 06:45:18 AM
 #6706

one more thing i forget , there's a bug in most of PoS coin's which cloak find and will publish fix in the next release ,
and dont forget this coin have only 4.5m coin , and alty is really the best Cheesy . join us in irc #cloakcoin
BTMan
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July 10, 2014, 07:07:15 AM
 #6707

the price is so good.

well done!

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langezwieper
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July 10, 2014, 07:11:28 AM
 #6708

I really believe the price is actually still quite low myself...
youngmike
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July 10, 2014, 07:17:30 AM
 #6709

I really believe the price is actually still quite low myself...

Yes, market cap still just $ 3,074,941
madmanbts
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July 10, 2014, 07:56:16 AM
 #6710

I want to buy a few btc worth of cloak, can someone explain what are the strenghts and features, and why do people say its a descentralized exchange? I just dont have the time to read all 300+ pages. Thanks

The OP has all the whitepapers/info you'll need on CloakSend//CloakTrade//OneMarket

https://bitcointalk.org/index.php?topic=637704.msg7114657#msg7114657
Thanks, I thought there might be a compressed version of all those whitepapers.
I just want to point out that it's people like me, late commers, that drive the price higher not the early investors like yourself. So people like  me who just want to buy some cloak now, really need just a few points of info about the coin.

Anyway I'll start reading the papers tomorrow. Good luck to all!

all you have to know cloak have :
cloaktrader: allow you to sell and buy coins direct from your wallet already in wallet ,
PoSA : anon feature with no coin mixing like drk ,xc and decentralized , coming today or tomorrow
Onemarket : coming in next month , which allow you to sell and buy anything without escrow or trusted authority
cloakvpn : to add more secure connection
more to come . i dont know if i put all but this short list


Thanks raw1 this is what I'm talking about.
trdiablo
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July 10, 2014, 07:57:28 AM
 #6711

CLOAK should at least be the same price as DRK. Please mention me one other coin that is as solid as this coin.

Buy CLOAK now and you will have 10x more bitcoins when the price is at 0.01


Also, on twitter there are a couple of medium sized Bitcoin payment companies that have tweeted positive things about CLOAK as well.

I will tell you what will happen next, most likely Coindesk will publish an article about CLOAK and make the price rocket.
langezwieper
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July 10, 2014, 07:58:38 AM
 #6712

Buy CLOAK now and you will have 10x more bitcoins when the price is at 0.01
Who needs BTC if you have Cloak Wink.
madmanbts
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July 10, 2014, 08:01:42 AM
 #6713

Here is my view regarding price action:


I actually believe it is overpriced relative to past price ranges. This doesn't mean that that price can not go much higher over the next couple months but this intense rhythm is not sustainable.
jorrr
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July 10, 2014, 08:12:12 AM
 #6714

Great so you advise to sell during uptrend, very useless analysis

Overpriced relative to past price ranges: duh cloak is at all time high
Artoodeetoo
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July 10, 2014, 08:14:41 AM
 #6715

Wow, my 115k sell orders got filled last night, TY cloak.... Was a nice ride, good luck holders.

DASH #DashDC #DashIntoDigitalCash
youngmike
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July 10, 2014, 08:16:37 AM
 #6716

Wow, my 115k sell orders got filled last night, TY cloak.... Was a nice ride, good luck holders.

Don't come back here crying when we hit 0.1
smokim87
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July 10, 2014, 08:19:12 AM
 #6717

Hey Dagger, any update on how the beta tests are going so far with PoSa?
poppys
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July 10, 2014, 08:26:28 AM
 #6718

Wow, my 115k sell orders got filled last night, TY cloak.... Was a nice ride, good luck holders.

Don't come back here crying when we hit 0.1

+1
YackBallz
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July 10, 2014, 08:33:53 AM
 #6719

Here is my view regarding price action:


I actually believe it is overpriced relative to past price ranges. This doesn't mean that that price can not go much higher over the next couple months but this intense rhythm is not sustainable.

RSI is not a true indicator in this case. The volume fluctuation renders it's sample size to the insignificant range and RSI is only an 'honest indicator' after the fact. Look at the distance model instead: 134 is statistically more likely than 100. Were cloak to rise to 200 in the next 12 hours the RSI still wouldn't be much higher than it is now.
TheDagger (OP)
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July 10, 2014, 08:34:20 AM
 #6720

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