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Author Topic: [ANN][CLOAK] Private, Secure, Untraceable & Decentralized Digital Currency  (Read 809045 times)
Nathan047
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May 04, 2018, 02:47:44 PM
 #10221

Too many coins held by a few whales. Look elsewhere.

Top 100 owns 76.78 %.

That's the case for like every coin.

This isn't even a crypto exclusive thing. The 80/20 rule is pretty universal, and nothing is going to change that.

I'm starting a technology blog T4CH.top, check it out!
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R-J-F
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May 04, 2018, 03:40:17 PM
 #10222

Too many coins held by a few whales. Look elsewhere.

Top 100 owns 76.78 %.

Dude, get a life! Go bother all the other coins in the same position meaning most of them...

"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety." Ben Franklin
AnorakThaGreat
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May 04, 2018, 11:31:40 PM
 #10223

Bitcoin and most other altcoins have a similar distribution, this is not something new for cryptos. Pretty sure same goes for fiat money and gold ownership/wealth - big money buys positions early if they believe in the concept.
But coin spread is an important control metric to have available to the public, IMHO, it's better to have it than not.

To all you skeptics - what's the coin distribution for Monero? Most of you have no idea, and probably very few do. Does that bother you? Did you invest into or own any? There is no rich list, no top wallets that can tell you that - yet people still invest into Monero as well, because they believe in the project.

If you have a problem with distribution that CloakCoin has, you probably shouldn't invest in Bitcoin or half of other cryptos out there either, otherwise you're just a hypocrite. Or aware of it and just a measly troll Smiley
Kavallo
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May 05, 2018, 11:37:30 PM
 #10224

Too many coins held by a few whales. Look elsewhere.

Top 100 owns 76.78 %.

Verge (XVG) is doing great. The top 100 hold 73%. I can guarantee you that if CLOAK hits the same market cap, the top 100 will hold a lot less than 73%.

Well, I guess that if most of the coins are held by a little group and they know what they are doing, the price will probably go up. Even though this is not exactly what one would expect from coins which supposedly should be based on decentralization.
tradercouch
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May 07, 2018, 05:20:22 AM
 #10225

why price is not jumping just trading between 14 to 15 usd last 7 days eventhough volume is very heavy but price not rising?
HeftyMagi
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May 07, 2018, 05:36:33 AM
 #10226

why price is not jumping just trading between 14 to 15 usd last 7 days eventhough volume is very heavy but price not rising?

I think it is a good price for long time holders to sell and it is very good price for speculators to get in, this could be darkhorse of anons definitely could reach 4th place after dash, monero and zcash in price per coin this year. Also big volume is great for spread of coin if it could reach half of spread that dash have it will go to the moon  Smiley
Remember when monero was 0,2-1$ and dash 2-5$ with volume increasing for few months before exploding.
Kingoamn
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May 07, 2018, 10:23:56 AM
 #10227

is Cloak available on bitmex? I want to long it 25x on margin trading it will be the best long of my life!

No, you can't trade Cloakcoin with leverage anywhere.
vinnieG
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May 07, 2018, 11:14:17 AM
 #10228

why price is not jumping just trading between 14 to 15 usd last 7 days eventhough volume is very heavy but price not rising?

In order for an asset to mature, stable volume and price level is needed (consolidation). Man how can you be so impatient to complain after 7 days? Cloak just listed on Binance give it some patience.
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May 07, 2018, 09:58:08 PM
 #10229

why price is not jumping just trading between 14 to 15 usd last 7 days eventhough volume is very heavy but price not rising?

In order for an asset to mature, stable volume and price level is needed (consolidation). Man how can you be so impatient to complain after 7 days? Cloak just listed on Binance give it some patience.

Lol - I guess the next step we'll have to witness is people who complain that the coins they buy don't double their price after 7 hours. Cheesy
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May 08, 2018, 09:00:35 AM
 #10230

why price is not jumping just trading between 14 to 15 usd last 7 days eventhough volume is very heavy but price not rising?

In order for an asset to mature, stable volume and price level is needed (consolidation). Man how can you be so impatient to complain after 7 days? Cloak just listed on Binance give it some patience.

Lol - I guess the next step we'll have to witness is people who complain that the coins they buy don't double their price after 7 hours. Cheesy

Yes, some people really think you can become millionaire in one week Wink The best holding period is forever - Warren Buffet
tribanogrami
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May 12, 2018, 07:12:33 AM
 #10231

why price is not jumping just trading between 14 to 15 usd last 7 days eventhough volume is very heavy but price not rising?

Be a little patient and I promise you that soon we will see the price for a Cloak of at least $50. But not 7 days for this need

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lanndrysmith
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May 12, 2018, 06:05:40 PM
 #10232

Nice work to date but I still think you guys have a ways to go. Price of coin is another story though and prob even harder to make that fly.
normensky012
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May 12, 2018, 06:19:38 PM
 #10233

Is this the CloakCoin in coinmarketcap? Why this is not famous if the features were so pretty darn smart? I see the coin as good features and nicely designed. It should replace Zcash or Monero out there.
deepend
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May 13, 2018, 11:13:00 PM
 #10234

Is this the CloakCoin in coinmarketcap? Why this is not famous if the features were so pretty darn smart? I see the coin as good features and nicely designed. It should replace Zcash or Monero out there.

I love it when people catch on and get it.  The time is coming.
bct_ail
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May 14, 2018, 11:37:13 AM
 #10235

A lot of big ass whales are hoarding cloakcoins. Stay away!
Oh yes. And you know them  Roll Eyes

Please make it right: A lot of big ass whales are hoarding cloakcoins.


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LaScuderia
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May 14, 2018, 11:52:20 AM
 #10236

why price is not jumping just trading between 14 to 15 usd last 7 days eventhough volume is very heavy but price not rising?

Be a little patient and I promise you that soon we will see the price for a Cloak of at least $50. But not 7 days for this need

This is usually a sign of consolidation of large players and traders in the asset before strong growth. A little patience for all of us who sells exactly will not hurt in a hurry, even the monero did not grow if you remember everything right.
lasvegas83
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May 14, 2018, 02:43:27 PM
 #10237



CloakCoin highlighted in Forbes article for providing owners with “innate financial freedom”







                ,╓▄▄▄▄▄▄▄▄▄╓                
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                '▀▀▀▀▀▀▀▀▀▀▀'

CloakCoin |  Private, Secure, Untraceable & Decentralized Crypto Currency|  Enigma
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May 14, 2018, 02:59:16 PM
 #10238

why price is not jumping just trading between 14 to 15 usd last 7 days eventhough volume is very heavy but price not rising?

Be a little patient and I promise you that soon we will see the price for a Cloak of at least $50. But not 7 days for this need

It's interesting to read your guess, how much time does it take to reach the $ 50? Since you say that it is not 7 days, then you have another assumption?
Duderino123
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May 14, 2018, 07:10:59 PM
 #10239

why price is not jumping just trading between 14 to 15 usd last 7 days eventhough volume is very heavy but price not rising?

Be a little patient and I promise you that soon we will see the price for a Cloak of at least $50. But not 7 days for this need

It's interesting to read your guess, how much time does it take to reach the $ 50? Since you say that it is not 7 days, then you have another assumption?


We should be there this summer.

Stay Cloakstrong!
russBOY
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May 15, 2018, 07:40:28 AM
 #10240

why price is not jumping just trading between 14 to 15 usd last 7 days eventhough volume is very heavy but price not rising?

Be a little patient and I promise you that soon we will see the price for a Cloak of at least $50. But not 7 days for this need

It's interesting to read your guess, how much time does it take to reach the $ 50? Since you say that it is not 7 days, then you have another assumption?


We should be there this summer.


an interesting assumption. I will definitely remember it and we will discuss it in August. I believe that the coin is promising, but it is unlikely that everything will turn out so quickly
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