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Author Topic: [ANN][CLOAK] Private, Secure, Untraceable & Decentralized Digital Currency  (Read 810699 times)
Motivator
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April 16, 2017, 07:51:05 PM
 #7181

If you do go ahead with a fresh start, please do make sure the original cloakcoin community don't get burnt for less than 50cents per coin.

Actually, let me re-amend that too $1 per coin.
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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April 16, 2017, 09:39:57 PM
 #7182

Fresh starts are iffy. Ripple had a falling out with one of their main devs and he started Stellar, but it took years. Both have different philosophies.

Ripple plays the game at hand. Stellar went non-profit. Both are centralized organizations.

Shadowcash, which I understand absorbed some of the early Cloakcoin devs, is trying a new route with a shopping network. A black-market. Witness as Shadowcash loses ground. I don't give a crap about a shopping network. I want a private coin -- functional money -- and I will decide where I will spend it.

The reason, IMO, cryptocurrencies work is because, generally, all the currency on earth is public manipulated crap. You are manipulated.

I used to like AEON and Monero, but is PoW really any good? By itself? Huge slow blockchains? Dinosaurs that don't yet know the asteroid is coming? The last gasp?

Even Gavin Andresen, if memory serves, felt that a PoW/PoS solution was a good idea. Early on, Cloak was PoW.

A name change, IMO, if the Cloakcoin Devs decided, should only be that. Let the code be. Skip the ICO's and taxes.

It's not about labels. It's about trust. Trust brings customers. Customers bring cash. Cash rewards the Devs and the improvements (updates) should then come naturally.

I like what one of the Cloakcoin Devs said. Even a bad reputation is better than no reputation.

Sorry for being so "positive" about Cloakcoin today, but I call them like I see them. In the past, I've made a few bucks predicting. We'll see what happens this time.
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April 16, 2017, 10:54:47 PM
 #7183

CLOAK  the Best Technology, So Far....Private, Secure, Untraceable & Decentralized Digitalcurrency   Smiley

it's just a matter of time, we'll have our turn  ...in the meantime, "buy low"     Wink

I dont think so. Why do you think you'll "have a turn"

People forgot about cloak and now im just an angry bagholder.

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April 16, 2017, 11:32:26 PM
 #7184

CLOAK  the Best Technology, So Far....Private, Secure, Untraceable & Decentralized Digitalcurrency   Smiley

it's just a matter of time, we'll have our turn  ...in the meantime, "buy low"     Wink

I dont think so. Why do you think you'll "have a turn"

People forgot about cloak and now im just an angry bagholder.


i'm not                         Grin

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April 17, 2017, 02:56:05 AM
 #7185

CLOAK  the Best Technology, So Far....Private, Secure, Untraceable & Decentralized Digitalcurrency   Smiley

it's just a matter of time, we'll have our turn  ...in the meantime, "buy low"     Wink

I dont think so. Why do you think you'll "have a turn"

People forgot about cloak and now im just an angry bagholder.


i'm not                         Grin

Neither am I and I'll bet I have way more than he does...  Grin

"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety." Ben Franklin
aknutty
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April 17, 2017, 03:20:37 AM
 #7186

I tell you what I think I can do to help cloak and many others in this thread can do for very cheap as well. For the foreseeable future I will be sending all minting rewards to the development fund. Also I will be sending them via enigma so that even the people new to cloak and can see and be rewarded in running the node. First I think this will help in a small way for development until a better solution is implemented. But second and more importantly, all the new people with their wallets open looking for rewards this will encourage them to stay on. People need to see enigma in action and its rewards. I ask everyone in this thread with some staking rewards to send them from now on to the donation address through enigma. Go Cloak
oaks05
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April 17, 2017, 04:29:23 AM
 #7187

I tell you what I think I can do to help cloak and many others in this thread can do for very cheap as well. For the foreseeable future I will be sending all minting rewards to the development fund. Also I will be sending them via enigma so that even the people new to cloak and can see and be rewarded in running the node. First I think this will help in a small way for development until a better solution is implemented. But second and more importantly, all the new people with their wallets open looking for rewards this will encourage them to stay on. People need to see enigma in action and its rewards. I ask everyone in this thread with some staking rewards to send them from now on to the donation address through enigma. Go Cloak
not a bad idea just need to get more people on board this volume is lowwwww


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JosNekoKopa
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April 17, 2017, 11:38:07 AM
 #7188

I think main event will be code revealing, this will change everything. Why? Because people tired of scam coins and like to know if something is real secure and good. Everything else will be like cherry on the top. Till then we must be very calmed, and support team in their efforts.
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April 17, 2017, 12:03:32 PM
 #7189

"...people tired of scam coins...secure and good...and support team in their efforts."

Agree.

Steady as she goes.

When and if PoS has its day, the masses and whales will choose.

Blackcoin and Peercoin are less secure, due to their transparency, but they have been around awhile.

Lately, Peercoin has more than doubled in value, which gives hints about PoS resurgence.

Ethereum is trying to be the "world computer" and use PoS, as I understand it. Not using the K.I.S.S. formula. Not private.

If you run Google Trends, you can see that "Proof of Stake" is getting more hits lately, worldwide.

Cloakcoin could benefit, especially as India is eliminating cash and trying to regulate cryptocurrencies. If 90% of ATM's in your country ran out of cash, what would you do? What could you do in a country full of youthful computer geeks?

This whole issue of governments regulating money into repetitive devaluation cycles and controlling public PoW blockchains (bitcoin/litecoin etc.) could create a cascade effect.

It sure would be nice if Cloakcoin could be there when such an "effect" occurs.

But maybe the name and the original thoughts behind Cloakcoin turns some people off. Cloak and Dagger. Reminds one of something bad, but don't judge by the book cover.

Think instead of a "cloaking device."
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April 17, 2017, 01:03:13 PM
 #7190



 

CloakCoin Weekly Chart Analysis 17.04.2017

Are we in the next rally stage already?
 
Support:   20k sat.

Resistance:   55k sat. and 80k sat.
 
Target:      145k sat. later 200k sat.


CLOAK tried to break the downtrend from the last highs. Could be the start of the next rally. Still time to accumulate now.



jordan coins
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April 17, 2017, 01:40:27 PM
 #7191

CloakCoin will be add to poloniex and reach 200k sat   Wink
Good Luck Devs
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April 17, 2017, 01:44:34 PM
 #7192

CloakCoin will be add to poloniex and reach 200k sat   Wink
Good Luck Devs

It would be nice and, we are all working toward that end but, please don't post conjecture as facts.

"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety." Ben Franklin
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April 17, 2017, 01:55:34 PM
 #7193

Fresh starts are iffy. Ripple had a falling out with one of their main devs and he started Stellar, but it took years. Both have different philosophies.

Ripple plays the game at hand. Stellar went non-profit. Both are centralized organizations.

Shadowcash, which I understand absorbed some of the early Cloakcoin devs, is trying a new route with a shopping network. A black-market. Witness as Shadowcash loses ground. I don't give a crap about a shopping network. I want a private coin -- functional money -- and I will decide where I will spend it.

The reason, IMO, cryptocurrencies work is because, generally, all the currency on earth is public manipulated crap. You are manipulated.

I used to like AEON and Monero, but is PoW really any good? By itself? Huge slow blockchains? Dinosaurs that don't yet know the asteroid is coming? The last gasp?

Even Gavin Andresen, if memory serves, felt that a PoW/PoS solution was a good idea. Early on, Cloak was PoW.

A name change, IMO, if the Cloakcoin Devs decided, should only be that. Let the code be. Skip the ICO's and taxes.

It's not about labels. It's about trust. Trust brings customers. Customers bring cash. Cash rewards the Devs and the improvements (updates) should then come naturally.

I like what one of the Cloakcoin Devs said. Even a bad reputation is better than no reputation.

Sorry for being so "positive" about Cloakcoin today, but I call them like I see them. In the past, I've made a few bucks predicting. We'll see what happens this time.

....
Skip the ICO's and taxes.....


I think you don't get the main issue in cloak project.

The main issue is funds for developer/s.

How should rzr or new developers what will help him live? should they eat cloaks? and pay they bills with cloaks?


and all this talks about trust is BS imo, the new cloak developers showing trust since 3 years and nobody cares about see latest donations status...
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April 17, 2017, 02:03:53 PM
 #7194

CloakCoin will be add to poloniex and reach 200k sat   Wink
Good Luck Devs

It would be nice and, we are all working toward that end but, please don't post conjecture as facts.

That would cool. There, on polo, pumping standards are much more higher than on bittrex. Everyone is used to seeing 10-20K btc in daily turnover for shitcoins like dgb or steem so there's a high possibility cloak would ramp up like a hot cookie if it got there. If polo had a fixed fee so as to warrant the addition, I would surely donate to make listing happen.
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April 17, 2017, 03:07:54 PM
 #7195

@wizardee,

You should read your history. Cloakcoin virtually died and was taken over by a new team, that's why it has been slow off the mark.

Bitcoin, Litecoin, Monero, Aeon etc., had zero ICO's and zero premines (taxes). Aside from Aeon, all are doing well.

The Dev's don't need to live off of the coin taxes, else they'd be starving already.

DASH had a premine, but the masternode sharing of transaction fees wealth-concept has, thus far, worked for them.

Cloakcoin has the same thing, but no requirement that one holds a 1000 coins off to the side.

And spare me the BS. If you can't give some rational analysis, go pump some Bond Coin http://www.blockchainyield.com/, they might need some help.
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April 17, 2017, 04:32:37 PM
 #7196

cloak to 0.002 btc price buy now or cry later
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April 17, 2017, 04:58:05 PM
 #7197

@wizardee,

You should read your history. Cloakcoin virtually died and was taken over by a new team, that's why it has been slow off the mark.

Bitcoin, Litecoin, Monero, Aeon etc., had zero ICO's and zero premines (taxes). Aside from Aeon, all are doing well.

The Dev's don't need to live off of the coin taxes, else they'd be starving already.

DASH had a premine, but the masternode sharing of transaction fees wealth-concept has, thus far, worked for them.

Cloakcoin has the same thing, but no requirement that one holds a 1000 coins off to the side.

And spare me the BS. If you can't give some rational analysis, go pump some Bond Coin http://www.blockchainyield.com/, they might need some help.

BTC, LTC, Monero and so on has big community wich support them not to compare to cloak community what do nothing for cloak

The dev of cloak not  starving already only cause team paid hundreds of btcs from own pocket so you are miss informed my friend.

DASH is good example that taxes works.

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April 17, 2017, 06:18:34 PM
 #7198

@wizardee -

DASH was not built upon mandatory taxes. It was built upon a PoW premine, then changed with masternodes. Voluntary masternodes. Not mandatory taxes. Centralized masternodes which get a cut. The miners get a cut. All voluntary. And the DASH Core folks also get a cut to fund more projects, like soda machines.

I am not misinformed. Most coins have processing fees which go to the nodes. In Cloakcoin, we are the nodes and the miners, so to speak.

I am not certain how much if any of the transaction fees the Cloakcoin Core Team receives, but maybe they should work one in. Maybe stakers can vote on it. One Cloakcoin, one vote. The winning Cloakcoin plan takes the whole pot after it reaches a certain level, as defined by them.

There are voluntary ways to help Cloak grow. But there needs to be incentives to do so.

You can have a Cloakcoin Lotto. 50% percent to the Team and 50% to the winner. Have an imagination.

Use Blockpay. Buy something with your CLOAK. Vendors are available. Keep things positive and upbeat.

And the community does not make a coin. Car clubs do not ensure that a car company will survive. They are -- we are -- peanuts, my friend.

Buyers, traders and users ensure the success of the product. Not ICO's and taxes. Not Cryptosphere money grabs.

This coin is already off the ground. It does not need a giant cash injection.

Involuntary taxes, fees, ICO's and premines just piss people off.

CLOAK will soar on its own merits or it will stagnate.

IMO.
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April 17, 2017, 10:59:06 PM
 #7199

Approaching psychological Feathercoin barrier.

First in line, of the old guard.
JosNekoKopa
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April 18, 2017, 07:42:20 AM
 #7200

So what is the best way for funding developers team?
 I agree if team doesn't have some steady income - share or something, they won't be motivated.
Donations are not good, for business i saw it many times, very small percentage of people will left you something in wallet.
Collecting funds and giving a shares maybe have some logic?
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