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

[Dsellerz]

A bit off topic, but does anyone know how to spot fake volume? What are the signs? I mean fake volume in the sence when people buy and sell coins to themselves to make it look like its being traded more than it really is. Thanks.

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[StephenJH]

A bit off topic, but does anyone know how to spot fake volume? What are the signs? I mean fake volume in the sence when people buy and sell coins to themselves to make it look like its being traded more than it really is. Thanks.

I'd like to know thoughts on this too. I don't see it being too far off topic[since it may be happening] but it might make a nice topic of its own.

[3r197]

A bit off topic, but does anyone know how to spot fake volume? What are the signs? I mean fake volume in the sence when people buy and sell coins to themselves to make it look like its being traded more than it really is. Thanks.

I'd like to know thoughts on this too. I don't see it being too far off topic[since it may be happening] but it might make a nice topic of its own.

Cryptsy claims Mintpal is jack full of fake volume. FWIW

[mrrgnome]

Could someone explain to me why is PoSA v2 anonymous?
Ally has 2 PoSA addresses: Joe's and Node#1.
The transaction flow is the following:
tx#1 Ally is sending coins to Node#1 PoSA address together with Joe's PoSA address (how do you send the address in a transaction?).
tx#2 Node#1 is sending coins to Joe's PoSA address. (this was not (well) described in the diagram)
tx#3 Joe is sending coins from his PoSA address to Node#2 PoSA address
tx#4 Node#2 is sending coins to Joe's receiving address
 
Here is the problem I see: tx#4 is not anonymous as Joe's receiving address is linked with Ally's sending address through the above 4 transactions.
Just in case, here is the diagram with the possibly problematic line: https://i.imgur.com/UCMqsIr.jpg

It's not possible to link sender to receiver. Coins leave Ally's wallet from a new PoSA address which is new in the blockchain. And in current implementation, coins are splited between nodes, so the coins wont reach Joe's wallet at one time, they reach Joe's wallet splitted in 3 incoming transactions.
You can see this behaviour in block explorer. For example, a PoSA tx reached wallet C8xXp9RMLbSzdCkHdeZeQjfouRyi7kw65s in block 101058 as you can see here:
http://cloak.blockexplorer.cc/block/d8db2e2172716e51203fcc1393e40b2a455c85783f8244d227625e4fcf9f58ed

Try to find who send all those 3x0,33 coins=1 cloak

This is PoSA v1. In PoSA v2 blockchain itself will have IF conditions that look if the coins are delivered in time and if not, coins return to sender. And also, you will have the possibility to choose how many nodes are used to split the coins. Bullet proof

Ok, I will do the tests later and show, but if Ally is creating a new PoSA address inputs to any transactions will be linked to Ally's real address, there is no way to hide this. Just analyze where the inputs are coming from.

This would be correct if PoSA addresses were fed coins directly from the senders main wallet, but they aren't ever fed coins from the senders wallet.  Follow the coin inputs the way you describe, you'll see what I mean.

[tazmania]

A bit off topic, but does anyone know how to spot fake volume? What are the signs? I mean fake volume in the sence when people buy and sell coins to themselves to make it look like its being traded more than it really is. Thanks.

I'd like to know thoughts on this too. I don't see it being too far off topic[since it may be happening] but it might make a nice topic of its own.

It really depends. High volume market or not. Do they do random large buys or a constant small orders. Does the coin have high volume or not.

Right now if a coin on Bittrex is in the hundreds of btc volume range I'm pretty sure a lot of it is fake. SDC for example went from 1k to 40k in a short amount of time. Only way to do that is buy your own orders to give people the impression there is demand. Then the whale sets their buy orders for support and new people add their buy orders above it and the whale(s) dump for 30x profit.

Sometimes you can look in the market history and see 10btc buy or sell randomly. Most likely their own.

Sometimes you see in the chart that someone was buying / selling all day which is most likely a bot buying own orders to get people to either dump or buy their orders through out the day.

Other people will have other thoughts. Just watch the orderbooks and if you see something that makes you go why the fuck would someone do that or you wonder why a large order just popped up and got bought or sold into right away then it's their own.

[bangomatic]

I think it's pretty obvious now that the pump group has dumped this coin.   Now we are down to 25th on the coinmarketcap.   Wish I got out a bit earlier.   All the top coin holders kept saying cheap cheap cheap.   Bunch of friggin liars.   Telling us to buy/hold while they are dumping on us.  

Simply be a man then and make your own decisions. Dont whine like a lil pussy because someone says buy/hold. Man up, chump. Take responsibility  

[Coinster2014]

I think it's pretty obvious now that the pump group has dumped this coin.   Now we are down to 25th on the coinmarketcap.   Wish I got out a bit earlier.   All the top coin holders kept saying cheap cheap cheap.   Bunch of friggin liars.   Telling us to buy/hold while they are dumping on us.  

Simply be a man then and make your own decisions. Dont whine like a lil pussy because someone says buy/hold. Man up, chump.   

The post is not about me....  It's a general warning to new potential investors in this coin to not listens to the whales and bagholders and think that this coin is cheap now and buy in.    The bottom of this coin probably is around 20-30k area.   

[blg425]

I think it's pretty obvious now that the pump group has dumped this coin.   Now we are down to 25th on the coinmarketcap.   Wish I got out a bit earlier.   All the top coin holders kept saying cheap cheap cheap.   Bunch of friggin liars.   Telling us to buy/hold while they are dumping on us.  

Simply be a man then and make your own decisions. Dont whine like a lil pussy because someone says buy/hold. Man up, chump.   

Still holding   I bought all mine cheap a while ago anyway.

[bangomatic]

I think it's pretty obvious now that the pump group has dumped this coin.   Now we are down to 25th on the coinmarketcap.   Wish I got out a bit earlier.   All the top coin holders kept saying cheap cheap cheap.   Bunch of friggin liars.   Telling us to buy/hold while they are dumping on us.  

Simply be a man then and make your own decisions. Dont whine like a lil pussy because someone says buy/hold. Man up, chump.   

The post is not about me....  It's a general warning to new potential investors in this coin to not listens to the whales and bagholders and think that this coin is cheap now and buy in.    The bottom of this coin probably is around 20-30k area.   

Ok?? So?? What??

You dumped.

[poornamelessme]

I think it's pretty obvious now that the pump group has dumped this coin.   Now we are down to 25th on the coinmarketcap.   Wish I got out a bit earlier.   All the top coin holders kept saying cheap cheap cheap.   Bunch of friggin liars.   Telling us to buy/hold while they are dumping on us.  

To be honest, I am not sure why anyone would be surprised. The simple fact that Bob was pushing this coin so hard should have been a big tipoff. And when he took a 'cloak break'... sort of a big tipoff that it's time to get out.

If the devs deliver, the coin may still do well. So this isn't meant to be a fud type of post. I'm just surprised that some people didn't see what was eventually coming.

[tazmania]

I think it's pretty obvious now that the pump group has dumped this coin.   Now we are down to 25th on the coinmarketcap.   Wish I got out a bit earlier.   All the top coin holders kept saying cheap cheap cheap.   Bunch of friggin liars.   Telling us to buy/hold while they are dumping on us.  

To be honest, I am not sure why anyone would be surprised. The simple fact that Bob was pushing this coin so hard should have been a big tipoff. And when he took a 'cloak break'... sort of a big tipoff that it's time to get out.

If the devs deliver, the coin may still do well. So this isn't meant to be a fud type of post. I'm just surprised that some people didn't see what was eventually coming.

This time it will be different!

Oh how many times have I heard that over the months.

At least we know there is enough money around still to do a nice pump and dump every once in awhile.

Buy high, sell low.

[flashbit]

Looking at the StockRSI we are currently oversold. Get ready for a bounce folks. We should stay above 0008 tomorrow and then back over 001 by end of week.

[socket]

Looking at the StockRSI we are currently oversold. Get ready for a bounce folks. We should stay above 0008 tomorrow and then back over 001 by end of week.

StochRSI on the 4h and 6h are looking primed for a bounce.  But we're still inside a pretty ugly bearish divergence on the MACD on 2h/4h/6h.  I'm waiting for the turn on the 4h MACD to tick a couple times into a bullish divergence.  You can also watch the 2h MACD to get ready for it on the 4h.  It'll take longer for it to show up in the 4h.. but so long as it ticks into a bullish divergence it generally will carry for 8-32 hours.

The question is are we at bottom?  It's not possible to know.  You can try to catch a falling knife and you might not get cut.. or if you mistime it you might lose a finger.

My advice? If you're looking to buy now *is* the time.  Always buy on an oversold market.  This market is by most technical indicators very oversold. Does that mean it can't go lower?  NO.  Just be measured in your buys.  Don't buy all at once.  Buy.. wait, and buy more if we continue to dip.  Plan on a few rounds of buys if you're intent on getting in now.  Always be prepared for the worst and hope for the best.  Godspeed.

[AcidSplash]

I think it's pretty obvious now that the pump group has dumped this coin.   Now we are down to 25th on the coinmarketcap.   Wish I got out a bit earlier.   All the top coin holders kept saying cheap cheap cheap.   Bunch of friggin liars.   Telling us to buy/hold while they are dumping on us.  

To be honest, I am not sure why anyone would be surprised. The simple fact that Bob was pushing this coin so hard should have been a big tipoff. And when he took a 'cloak break'... sort of a big tipoff that it's time to get out.

If the devs deliver, the coin may still do well. So this isn't meant to be a fud type of post. I'm just surprised that some people didn't see what was eventually coming.

Seriously STFU. That's the stupidest thing I've heard. Let's check in with Bob 24/7 to see if he's buying or selling Cloak. I DGAF if Bob is in Cloak or not.

[RW-Stott]

Bobsurplus:

[bitc0000]

Looks like uber manipulation is thwarting people away and destroying this coin. And lol to those big holders (darkproton, fearcocka & co.) telling people to hold and #cloakstrong, I bet they are selling their stash to prevent the inevitable loss . Well, I couldn't care less now I profited a lot too on the big pump, might as well hold and gamble my remaining stash till the end.

[socket]

All the Bob hate is retarded.  You knew it was a snake when it bit you. Bob flips coins and does whatever it takes to get the pump he's looking for.  He has no interest in anything but growing his pile of Bitcoin. Is that a sin?  No.  I commend him for finding a way to make money.  It's possibly a bit morally objective he does so at the expense of others.  But, that's life...

[socket]

Looks like uber manipulation is thwarting people away and destroying this coin. And lol to those big holders (darkproton, fearcocka & co.) telling people to hold and #cloakstrong, I bet they are selling their stash to prevent the inevitable loss . Well, I couldn't care less now I profited a lot too on the big pump, might as well hold and gamble my remaining stash till the end.

I'm holding.  I'm not retarded.  I assure you you're not some kinda genius because you got out with a profit. Check your ego please.

[bitc0000]

Looks like uber manipulation is thwarting people away and destroying this coin. And lol to those big holders (darkproton, fearcocka & co.) telling people to hold and #cloakstrong, I bet they are selling their stash to prevent the inevitable loss . Well, I couldn't care less now I profited a lot too on the big pump, might as well hold and gamble my remaining stash till the end.

I'm holding.  I'm not retarded.  I assure you you're not some kinda genius because you got out with a profit. Check your ego please.

Well I consider myself lucky rather than genius. I profited a lot by riding a ton of shit and scam coins though I had my fair share of loses and I don't ride them till I'm broke and always exit if I need too. You can call my style pathological gambling. 

[darkproton]

Looks like uber manipulation is thwarting people away and destroying this coin. And lol to those big holders (darkproton, fearcocka & co.) telling people to hold and #cloakstrong, I bet they are selling their stash to prevent the inevitable loss . Well, I couldn't care less now I profited a lot too on the big pump, might as well hold and gamble my remaining stash till the end.

You're an idiot. I haven't sold. Nor will I for the forseeable future. I got in at a great price and believe in what cloak is doing. Unlike you or  bob,  I don't spread fud or cash out while being a cheerleader. I believe in honor aso do others here and honor takes courage. I let my true intentions be heard and I stand by them. You can come here and talk shit all day and that's your privelage, however , do not ever presuppose you know what I am doing. Ever. You may come here and spread your special brand of vile filth but do not bring me or fearcoka into any of your musings.