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Author Topic: [ANN][CLOAK] Private, Secure, Untraceable & Decentralized Digital Currency  (Read 809521 times)
BitsifyOfficial
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July 31, 2017, 01:30:14 PM
 #8441

looks like cloakcoin dead

Wrong, another opportunity in the waiting.  The technology is evolving towards cloak.  IMHO

Dollar cost averaging... same thing stackers do with silver. Buy as the price goes down and don't sell!

Silver Gold BTC LTC ETH... they just sit... Cloak earns interest so it's a no brainer.

My gut reaction seeing these prices was a little troubling, but patience and not selling at a low is key.

As long as your not shorting or selling at a loss, nothing to worry about :-)

We replace Monero in 1 year, IMHO!
That's the spirit! Devs have been and will continue to develop an amazing coin! Cloak has by far, one of the best Dev team in regards to dedication, truly amazing hard work! I hope they enjoy their break and come back ready to push cloak to the skies and beyond  Cheesy
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Don-Quixote
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July 31, 2017, 02:04:09 PM
 #8442


https://www.cloakcoin.com/files/images/generall/cloak_update.png


Hello Community & Friends!


Even the hardest workers need to re-energize, so please be informed that most of Team members are about to go on their annual summer holiday (some are already there).
Cloak Team is entering vacation mode from August 01 until August 25.
During this period there will be no major updates or big news, of course there will always be someone monitoring and managing the project, but mostly from the back-office.
The community and available Team members continue the awesome work of supporting the new people arriving to the project.

https://i.imgur.com/0uuTRtb.png

We'll be returning to work after vacation and look forward to kick-off the much awaited developments in the project:

Security Audit and Open-Source release Smiley

Specialized security companies have been contacted for the code audit before the Open-Source release.
More details on that will be announced soon.

We'll be back!!!

Have fun and enjoy your vacations also.

Peace & Love

Team Cloak



I think something this project is missing is a development funding source similar to Dash's treasury which has been phonemically successful.  

What if every staking cloak wallet had the opportunity to vote on proposals submitted to the network with a 1 coin 1 vote ratio with similar passage rules as Dash's, %more yes's than no's, have this project treasury funded with 1% of the interest stake generated by all the wallets, dropping the interest paid cloak stakers to 5%, and burn unallocated coins lowering the inflation rate. I would be very willing to lose 1% to see a collective funding source created so all sorts of projects, including the dev team can be funded on an on-going basis.  

The approximate current 5,000,000 coin supply  has a total 300,000 coin increase this year with the 6% inflation, 1% would be 50,000 coins worth about $250,000 at the current $5 price,  A nice sum for a small full/part time Dev team.  

If Cloak had the same approximate market cap as Dash at $1.5 Billion, the 1% is worth $15 million per year or $1.25 million per month very similar to what Dash's current monthly budget is, $1.3 million.
                                

What are the communities thoughts???

I like the idea. Most coins don't give 1% APR let alone 6! I'd be happy donating 1% of the staking to a wallet address that funds full time devs.

I like that idea also Cheesy
We already discussed it internally and would probably realized it after open source Smiley
For sure is a hardfork required but will bring us further forward.


you have my full support i think the devs have to get some % from the coin overall in order to use that extra cash boost and to make more exposure for the coin in the main channels and hopefully also invest in extra development

cloak coin team thank you for all you have my vote 
BrianH
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August 01, 2017, 01:47:54 AM
 #8443

So my wallet is unlocked...
...I just minted some coins (yeah)
...but my "Enigma reserve balance is set to 100% (not staked)
...and my status says I am "not minting, because I don't have any mature coins."

How am I minting coins if I have 0% staked and 0 mature coins? Is this a bug or am I missing something?

yogibaer
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August 01, 2017, 07:08:15 AM
 #8444

So my wallet is unlocked...
...I just minted some coins (yeah)
...but my "Enigma reserve balance is set to 100% (not staked)
...and my status says I am "not minting, because I don't have any mature coins."

How am I minting coins if I have 0% staked and 0 mature coins? Is this a bug or am I missing something?

after minting coins it needs some time until you can mint again !
lolshto
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August 01, 2017, 07:28:56 AM
 #8445

Nice time to go on vacation. Exactly when BTC price on 1st of August can be compromised.
Nevertheless, expect the price of CLOAK to decrease until the end of August.

1) Bitcoin's issues around first August are simply that, Bitcoin's issues, not CLOAK's. Just because we are in the BTC market doesn't mean any changes will be needed to be made to CLOAK. The Dev team has very little to do with Bitcoin's issues or the BTC Market.

2) I expect the troll volume to INCREASE until the end of August. You have just proven me right. That was easy...

3) If you are going to make a prediction, at least try to make an accurate one. This is crap. Stop being a troll and get a life!

4) I expect the price of CLOAK to rise throughout August, as long as nothing totally unexpected happens to the BTC Market, which CLOAK Devs have no influence over.



1. Bitcoin influences the entire crypto market, you should know that
2. I expect blind optimists without any knowledge to increase in August. You just proven me right
3. What is an accurate prediction? Always raising? If I expect it to fall for multiple reasons ( summer time, BTC fork, almost entire team on vacation, cloak price stably going down, etc ) then it means it's crap? Allright, up to you.
4. I hope you are right and the price will go up, since I am a CLOAK supporter and I hold a significant amount of their coins, but it doesn't mean I blindly believe it will go up in price no matter what month are we talking about ( if you criticise you government doesn't mean you are not a patriot ). I assume it will start to climb around September if CLOAK team will continue doing their great work and deliver the promises.

Anyways, let's see who's right and who's wrong in about 2-3 weeks. BTW, just a coincidence that the entire team is going on vacation on exactly the same day as BTC splits. Probably they are boarding the plane at 12:20 UTC time...
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August 01, 2017, 09:29:25 AM
 #8446

End of cloakcoin just look price 14$ to 3$ Sad pump and dump  in 1 month
sandan2002
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August 01, 2017, 11:59:33 AM
 #8447

very difficult time for cloak coin,maybe after the bitcoin problem will settle it will start to go again up
i hope the dev team will not stop here
lasvegas83
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August 01, 2017, 12:16:36 PM
 #8448

very difficult time for cloak coin,maybe after the bitcoin problem will settle it will start to go again up
i hope the dev team will not stop here

Everything is moving on!
Audit and Open Source are the next big things...
Dev Team will not stop, dont worry Cheesy

Lets see what will happen after this bitcoin scenario.


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CloakCoin |  Private, Secure, Untraceable & Decentralized Crypto Currency|  Enigma
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parat8t9
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August 01, 2017, 12:52:13 PM
 #8449

End of cloakcoin just look price 14$ to 3$ Sad pump and dump  in 1 month

If I had a BTC every time I heard Bitcoin was dead, I'd have about 7 BTC.
olteanu
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August 01, 2017, 01:12:14 PM
 #8450

Hi, can someone help me install CloackCoin Wallet on Linux Mint ?

I tried to install it but it does not work.

What do i have to do after i download the wallet from the website?

Help please!

Thank you!
arbitrage
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August 01, 2017, 01:28:54 PM
 #8451

Team now can go to vacation we have survived BTC fork, now price can recovers. Next thing team should do is to create possibility for buying Cloak directly from Fiat, this is only way if you want to exit BTC Hugh. Second you should start another series of marketing and promotional moves
deepend
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August 01, 2017, 02:33:16 PM
 #8452

Team now can go to vacation we have survived BTC fork, now price can recovers. Next thing team should do is to create possibility for buying Cloak directly from Fiat, this is only way if you want to exit BTC Hugh. Second you should start another series of marketing and promotional moves

Looks like we are bottomed.  Buying Cloak from fiat would be huge.  The marketing can hold off till after we go open source.  I am more than satisfied for the moment.  Sky is the limit here folks.  I need more time to load my cloaks.  GLTA.
parat8t9
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August 01, 2017, 02:46:00 PM
 #8453

Looks like we are bottomed.  Buying Cloak from fiat would be huge.  The marketing can hold off till after we go open source.  I am more than satisfied for the moment.  Sky is the limit here folks.  I need more time to load my cloaks.  GLTA.

Look at that break out!
deepend
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August 01, 2017, 03:07:10 PM
 #8454

End of cloakcoin just look price 14$ to 3$ Sad pump and dump  in 1 month

silly little rabbit, it went from $0.40 to $14 the month before.  Shows the market potential and opportunity!  Load 'em up!
R-J-F
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August 01, 2017, 03:58:46 PM
 #8455

End of cloakcoin just look price 14$ to 3$ Sad pump and dump  in 1 month

How about the "end" of Tradercouch/Cuteflower? What will bring that about? CLOAK is fine and will continue to be fine. Stop posting this crap, the entire market turned down and, now, is turning back up since the BTC/BCC drama is ending.

"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety." Ben Franklin
Aerys2
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August 01, 2017, 04:56:18 PM
 #8456

Cloak has been One if the best recovering post crisis for now

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olteanu
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August 01, 2017, 06:41:13 PM
 #8457

Has anyone installed the Wallet on Linux?

I don't know how to install it.   Cry

Can anyone tell me please...  Huh

Thank you!
yogibaer
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August 01, 2017, 08:14:51 PM
 #8458

Has anyone installed the Wallet on Linux?

I don't know how to install it.   Cry

Can anyone tell me please...  Huh

Thank you!

join our chat at https://chat.cloakcoin.com there is always someone around to help Smiley
arbitrage
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August 02, 2017, 12:37:23 PM
 #8459

Cloak has been One if the best recovering post crisis for now
We are still in danger because this bastard BCC is main target of whales, i hope this stupid situation will end soon.
#yogibaer why don't you change this old avatar with new on, i saw her much better avatars in use. Sorry but doesn't look representative.
yogibaer
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August 02, 2017, 03:31:44 PM
 #8460

Cloak has been One if the best recovering post crisis for now
We are still in danger because this bastard BCC is main target of whales, i hope this stupid situation will end soon.
#yogibaer why don't you change this old avatar with new on, i saw her much better avatars in use. Sorry but doesn't look representative.

you are right I didn't look at it. I uploaded a new one ....
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