How in the fuck can Cloak reach this price instead of Monero
I know right? I think that Monero has a better future then Cloak.
Why?
Cloak just feels a bit to.. hype. Monero has been patiently and steadily growing. I don't hold either of them (not a realy believer of Altcoins), but if I would have to choose between Cloak or Monero, I would choose Monero.
But all great innovations attract hype. Look at BTC for example. Hype drove btc to the moon! I dont hold monero, nor have I really looked into it but I have been involved in alts for a bit and I can say that no other dev team has even come close to putting in the amount of work the cloakcamp is putting in. I believe they have like 7 or 8 devs and everyones working on something all the time. I dont think they ever sleep.
The idea of PoSA and using many nodes to obscure the transactions and not needing to rely on trust is priceless and I think cloak is going knock off drk as the anon winner, just based on the facts that PoSA works and makes more sense then the other anon features the other coins are trying to implement.
I am a holder and have been buying in since the start. I have a lot invested and a lot to lose, which is normally never the case unless were talking about btc but the cloak team is on fire and I'm willing to risk it. No risk no reward!
Take a look into cloak. I know you dont mess with alts, but imagine it's 2009 and someone just told you to get into btc.. You'd be happy if you did.
Good luck.