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

[LiberyOrDeath]

I don't have a crystal ball and no I am not throwing my money around. I am not a daytrader and I do not engage in speculations nor do I give anybody trading advice.

Also I never said that I am an expert in reading charts - perhaps you can enlighten me on this matter? What (if any) predictions do you have ? What will happen to CLOAK price before ETA ? Are you willing to give a rough estimate ? Please enlighten us, Sir.

Don't act like an ass. Everyone is acting collectively irrational in crypto. On every single thread some guys are jerking off to their own price predictions convinced it's all going to the moon. Well, guess what, only a few altcoins, if any, are going to be a success. I have no issues with cloak, I own some. I do have issues with people making price predictions. Any movement in this coin right now is P & D. The only way to success is stomaching a very long miserable road ahead and a lot of luck. All these fantastic innovations matter very little, but they are necessary.

It is hard for me to admit this it but you are correct regarding most of the issues that you brought up.

I agree with you that out of 500+ altcoins, only a few will be succesful. I would say less than 3% of the total - meaning 10-15 alt coins maximum. This is realistic IMO. It will take time to clear the air, but eventually we shall have perhaps a dozen proper alts to work with.

Why is it that you have issues with people making price predictions? I made a rather conservative estimate and you are acting in an aggressive manner, even hostile. We are dealing with numbers here, that's the cold truth, beyond all the complexities and multiple layers - when it comes down to the brass task it is all about the numbers.

[cointrader83]

I think Cloak will be succes.

My Company want to invest in Cloak, and we want to sell a lot of product in OneMarket.

[allyouracid]

2.5 BTC to 60 k on Bittrex. We're breaking 100 k before ETA.

Just saw a 5000 CLOAK wall getting eating in 10 minutes on MintPal, some serious buying is going on. Honestly I did not expect such a rapid development, my guess was that we could hit 60-65 k before ETA, but now that looks like a joke.

After ETA? Who knows? Anything can happen - one guy set a sell order on Mintal at 490 k satoshi (check it out yourself)....Maybe he knows more than I do

No offense meant, really. But I give you some good advice for free: better don't trade or you'll end up losing all your money. At least as long as you didn't learn how it works.

It was so obvious that this one would go back down again. 10% profit for me, while staying totally safe today. Thanks, market.

What went back down today? What are you talking about - we went from 51 k high on Mint down to 49 k low? And now it's building up around 50 k for the next upward movement.

Okay, you made 10% profit today (or last night) - that's great I admire your trading skills. Btw, 10% profit on what : 1 BTC? You certainly didn't drop a 100 BTC on the market yesterday, at least a bad trader like me knows that much.

Oh, and yes, I do not daytrade. You are right - If I was I would be losing money, that's why I carefully choose coins that are long term winners like CLOAK.

Okay, I must admit I thought it would go down further, into the 40-41 range. My mistake, point for you

[BrianM]

Going too slow. CLOACK! UP UP UP UP you goooooooo! 

[LiberyOrDeath]

2.5 BTC to 60 k on Bittrex. We're breaking 100 k before ETA.

Just saw a 5000 CLOAK wall getting eating in 10 minutes on MintPal, some serious buying is going on. Honestly I did not expect such a rapid development, my guess was that we could hit 60-65 k before ETA, but now that looks like a joke.

After ETA? Who knows? Anything can happen - one guy set a sell order on Mintal at 490 k satoshi (check it out yourself)....Maybe he knows more than I do

No offense meant, really. But I give you some good advice for free: better don't trade or you'll end up losing all your money. At least as long as you didn't learn how it works.

It was so obvious that this one would go back down again. 10% profit for me, while staying totally safe today. Thanks, market.

What went back down today? What are you talking about - we went from 51 k high on Mint down to 49 k low? And now it's building up around 50 k for the next upward movement.

Okay, you made 10% profit today (or last night) - that's great I admire your trading skills. Btw, 10% profit on what : 1 BTC? You certainly didn't drop a 100 BTC on the market yesterday, at least a bad trader like me knows that much.

Oh, and yes, I do not daytrade. You are right - If I was I would be losing money, that's why I carefully choose coins that are long term winners like CLOAK.

Okay, I must admit I thought it would go down further, into the 40-41 range. My mistake, point for you

It's not about getting points or trying to win arguments. I appreciate healthy debates and I encourage people in this community to engage into it. The last thing we need is a bunch of yes sayers.

Now, regarding the price range, I admit that even as optimistic as I was - I couldn't imagine this scenario we have right now. 50k support is very strong on both Mint and Bittrex, and there is an immense amount of large buys - 4 BTC wall at 53 k satoshi just went down in less than 10 minutes. Things look much better than I expected.

[allyouracid]

LiberyOrDeath:
One more thing about predictions: usually, when trading, you're not making predictions. Predicting is somewhat discouraged in trading communities. What they do is analyzing numbers, recognizing trends, watching the market and acting accordingly. Predicting is for psychics who are shady and not to be trusted, especially when it comes down to money.

[LiberyOrDeath]

LiberyOrDeath:
One more thing about predictions: usually, when trading, you're not making predictions. Predicting is somewhat discouraged in trading communities. What they do is analyzing numbers, recognizing trends, watching the market and acting accordingly. Predicting is for psychics who are shady and not to be trusted, especially when it comes down to money.

Duly noted. 

[SL1M]

so excited for the big release Onemarket, Posa.


still a lot of people confused about the date

but it's tomorrow (wednesday)

usa 09.10.2014
europe 10-09-2014


off course in Australia and asia it will be the day after.

[BrianM]

Though I would spice this thread up a bit, all that serious talk, also remember to enjoy life:

[doubleredrolex]

I can't install the cloak wallet on my mac. Just says the file is damaged and prompts me to move it to the trash after i unzip it? Any ideas?

[HappyHogan]

I don't have a crystal ball and no I am not throwing my money around. I am not a daytrader and I do not engage in speculations nor do I give anybody trading advice.

Also I never said that I am an expert in reading charts - perhaps you can enlighten me on this matter? What (if any) predictions do you have ? What will happen to CLOAK price before ETA ? Are you willing to give a rough estimate ? Please enlighten us, Sir.

Don't act like an ass. Everyone is acting collectively irrational in crypto. On every single thread some guys are jerking off to their own price predictions convinced it's all going to the moon. Well, guess what, only a few altcoins, if any, are going to be a success. I have no issues with cloak, I own some. I do have issues with people making price predictions. Any movement in this coin right now is P & D. The only way to success is stomaching a very long miserable road ahead and a lot of luck. All these fantastic innovations matter very little, but they are necessary.

It is hard for me to admit this it but you are correct regarding most of the issues that you brought up.

I agree with you that out of 500+ altcoins, only a few will be succesful. I would say less than 3% of the total - meaning 10-15 alt coins maximum. This is realistic IMO. It will take time to clear the air, but eventually we shall have perhaps a dozen proper alts to work with.

Why is it that you have issues with people making price predictions? I made a rather conservative estimate and you are acting in an aggressive manner, even hostile. We are dealing with numbers here, that's the cold truth, beyond all the complexities and multiple layers - when it comes down to the brass task it is all about the numbers.

Because, even if this coin is a success, people should expect massive volatility. If you think this is a floor now, just wait, don't be surprised to see this coin trading at 20% of the current price some time in the future. I've seen it happen to so many great coins Nxt, Blackcoin, etc. Cloak might eventually make it to that group, but it's going to be a tough road. Too much optimism will only make it more difficult to get through the hard times.

[Smoothmold]

I don't have a crystal ball and no I am not throwing my money around. I am not a daytrader and I do not engage in speculations nor do I give anybody trading advice.

Also I never said that I am an expert in reading charts - perhaps you can enlighten me on this matter? What (if any) predictions do you have ? What will happen to CLOAK price before ETA ? Are you willing to give a rough estimate ? Please enlighten us, Sir.

Don't act like an ass. Everyone is acting collectively irrational in crypto. On every single thread some guys are jerking off to their own price predictions convinced it's all going to the moon. Well, guess what, only a few altcoins, if any, are going to be a success. I have no issues with cloak, I own some. I do have issues with people making price predictions. Any movement in this coin right now is P & D. The only way to success is stomaching a very long miserable road ahead and a lot of luck. All these fantastic innovations matter very little, but they are necessary.

It is hard for me to admit this it but you are correct regarding most of the issues that you brought up.

I agree with you that out of 500+ altcoins, only a few will be succesful. I would say less than 3% of the total - meaning 10-15 alt coins maximum. This is realistic IMO. It will take time to clear the air, but eventually we shall have perhaps a dozen proper alts to work with.

Why is it that you have issues with people making price predictions? I made a rather conservative estimate and you are acting in an aggressive manner, even hostile. We are dealing with numbers here, that's the cold truth, beyond all the complexities and multiple layers - when it comes down to the brass task it is all about the numbers.

Because, even if this coin is a success, people should expect massive volatility. If you think this is a floor now, just wait, don't be surprised to see this coin trading at 20% of the current price some time in the future. I've seen it happen to so many great coins Nxt, Blackcoin, etc. Cloak might eventually make it to that group, but it's going to be a tough road. Too much optimism will only make it more difficult to get through the hard times.

+1000

As long as the devs keep on delivering I have no intentions of selling any of my cloak. Even if the price would make a drastic dip from this price.

[mtomcdev]

I don't have a crystal ball and no I am not throwing my money around. I am not a daytrader and I do not engage in speculations nor do I give anybody trading advice.

Also I never said that I am an expert in reading charts - perhaps you can enlighten me on this matter? What (if any) predictions do you have ? What will happen to CLOAK price before ETA ? Are you willing to give a rough estimate ? Please enlighten us, Sir.

Don't act like an ass. Everyone is acting collectively irrational in crypto. On every single thread some guys are jerking off to their own price predictions convinced it's all going to the moon. Well, guess what, only a few altcoins, if any, are going to be a success. I have no issues with cloak, I own some. I do have issues with people making price predictions. Any movement in this coin right now is P & D. The only way to success is stomaching a very long miserable road ahead and a lot of luck. All these fantastic innovations matter very little, but they are necessary.

It is hard for me to admit this it but you are correct regarding most of the issues that you brought up.

I agree with you that out of 500+ altcoins, only a few will be succesful. I would say less than 3% of the total - meaning 10-15 alt coins maximum. This is realistic IMO. It will take time to clear the air, but eventually we shall have perhaps a dozen proper alts to work with.

Why is it that you have issues with people making price predictions? I made a rather conservative estimate and you are acting in an aggressive manner, even hostile. We are dealing with numbers here, that's the cold truth, beyond all the complexities and multiple layers - when it comes down to the brass task it is all about the numbers.

I don't think as much as 10-15 could remain from the existing 500+ altcoins. Without real use cases no reason to have any coins and there are only a handful coins with real use cases. No reason to throw in arbitrary numbers as any prediction about the number of viable coins is pure speculation at this stage, but I have the feeling that BTC plus maximum 4-5 altcoins could survive the next 12 months. Cloak could be one of the survivors. The decentralized market place is a real use case for Cloak.

[ilusm]

Hi all i'm new here and i just buy some CLOAK today if i have any problem i will ask you guys.

[c4shm3n]

congratulation and welcome!

[BrianM]

Hi all i'm new here and i just buy some CLOAK today if i have any problem i will ask you guys.

Welcome to CLOACK!
Its really one of the few awesome altcoins left!

[Fidel Crypto]

I welcome you all to be part of the CLOAK REVOLUTION.
only the strong ones stayed, the weak already left.

viva cloakcoin

[cui]

Someone deliberately zapan, follow the trend is not a wise choice, take your chips

[bangomatic]

I can't install the cloak wallet on my mac. Just says the file is damaged and prompts me to move it to the trash after i unzip it? Any ideas?

Try downloading the wallet with a different browser.

[Joe Budden]

the market is rumbling ... good sign