Topic: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA - page 110. (Read 1266559 times)

Currently the price is 0.00036990, so 36990 satoshi. Usually this is written as 36K or 37K.
200K would mean that the price will be 0.00200000, so 200000 satoshi.
 
That means that if you now buy 1 BTC worth of CLOAK and the price does really rise to 200K you will have about 5.4 BTC.
But keep in mind that if negative news comes out the value can also drop again.
 
Good advice for newbies would be to not gamble with money you cant afford to lose and never go all-in on a coin no matter how much faith you have in it.
Something unexpected that can crash the price can always happen, keep that in mind. 

1 Cloak = 0.002 BTC (200000 satoshi)

Noob question, what does 200k mean in relation to price per cloak?

You're right. I also don't understand these people who sell CLOAKs with such small profit.

Interesting, this company with 1200 followers just tweeted the below


I have a good feeling about this coin, and if XC is on 140K with their coin and DRK is on 500K with their coin I don't see why CLOAK would NOT go to at least 100K when POSA v3 and OneMarket comes out. Yes, it is still a gamble but you have to take risks in live sometimes.

Message for all idiots currently on Mintpal that keep buying and selling and fucking up the rise of the coin for a mere 0.001 profit. Please have some dignity and hold the coin. Having a 0.001 profit will not get you anywhere and you will use that "profit" to invest in another coin and probably lose it again. Instead, buy and hold some CLOAK (only if you truly believe in it) and then have patience. You could end up with a couple of BTC profit at minimum instead of 0.0001 BTC.

... not that some code would be something bad to see...

From IRC

lalalalalalalalalalalalalalalala

Well, the obvious and short answer would be: making money.
If you take a look at the 2 recent spikes on cryptsy (1d chart), you'll notice that their way of progression is very similar. And cryptsy's chart is full of such spikes. They don't look that much same-ish like the last two, but the pattern is always roughly the same.
I wouldn't bet my ass for this being a bot, because I could not clearly relate the price in-/decreases to a certain time (most bots are coded as sloppy as fuck and if you read and understand the code, it's [or it was... got a bit better] easy to determine their timeframe of action, meaning building and analyzing indicators, so you can do the same [e.g. with EMA 9/20 when the bot uses EMA 10/21, so you're a bit earlier to detect the signals] and e.g. buy before they finished and then sell on their sorry asses like every hour or so).

I don't know if the volume of CLOAK is really that much manipulated, because if it was, that would mean that one (or a couple of) person(s) patched the orderbook with his/their own orders all the way along, making small buys from himself and others while removing parts of his sell orders and thus pushing the price up with little money.
When the price has reached a good value, other buyers (don't know yet if it's the usual "buy high, sell low" type of guys or another manipulation; perhaps a mix of both) step in (you can clearly see this if you watch the usual price increases... I'm working in home office, so i can always have a short look on my charts screen) and when there are enough of them, the selloff begins. Last two spikes on cryptsy was where I watched this yesterday, for example.

Currently, I'm accumulating historical trade data from cryptsy. I'm writing a tool which should provide all the tools I'm missing on the existing ones, meaning not only showing data from past trades/volume etc, but also analyzing it, so the correlations between volume, timeframes and price fluctuations become directly visible using charts, graphs and tables.
Sadly this takes a lot of time to finish (finally using good programming techniques like OOP and MVC, separate Backend and Frontend), so I'm collecting the data I need, spend time in coding when I can and hopefully someday, it will turn out useful and help to see things how they are. Because I'm quite certain that exchanges intentionally only provide a minimal set of features, whereas it is VERY easy to provide way more information and analysis if you already have a JavaScript charting library integrated.


.edit:
I think it can be watched on cryptsy right now.

Question is: who? I have no idea about who in this thread comes from what country/timezone and what date format they use, or if they use the metric system, gas or petrol, prefer a biro or a ball point pen or eat potaytos or potahtos...

Someone misinterpreted date .

Cloak is looking great! Nice features and solid accumulation on the exchanges.

I know what happen 10 September, Will be total tsunami, Im ready, I bought few thousend Cloak and just waiting!!!

Just to mention it: the announcement picture says October 9th, why are we talking about September 10th?

7

Hui... I knew it have to be something like that but not concrete (which coin). Thought it would be DRK. And I think, its also DRK. ;-)

Really sad.

The Infos I'm talking about are not closed source. I saw you sometimes in the channel, but obviously you missed the best parts. And I don't say that it was necessarily just good for Cloak. There were conversations that lead to dumpings. But it was revealing/informative in some points, and honest in some points, and very good to know. And no, I'm not cheerleading. I never would say that Cloak is a safe bet and "todamoooon" and all these silly things. I see the weak points and I see them much more clearly than you. I would be a better Fudder than you if I would focus on the Negative and twist it a little bit. But as an Investor I know: There is absolutely nothing without weak points. There is nothing perfect. I just have to balance the Pros and Cons rationally. And because I see a greater picture than you I come to the conclusion: Cloak is a risk, like every Crypto and every Investment, but with a greater potential than most of the others. It is that simple. If I wouldn't see it I wouldn't have any interest in Cloak or this Thread.

And regarding you: I'm not interested in your opinion. I'm interested in your intention. And I think I know it. You have my compassion. And one prediction: You will lose again. Everybody who waste his energy to waste others energy will lose. Everytime you write in this Thread you give others the opportunity to waste their energy, or in my (and some others) case: To explain why Cloak is worth an Investment. That what you call "cheerleading". Nobody need to see it that way. But I know: There are many who see it like I do.

What you are writing about the Bagholders... Yes, in some cases right. But if you look at the Volume and the dumpings in between times: 1. It doesn't hurting the price fundamentally. 2. They are nearly out. And: Many who are out are already on the way back.

lol your mother is still posting every 4 minutes in this thread.... Theres no way you have lost your virginity yet, please go outside for a little.

No one takes you serious anymore. anyways.

8 more days

Info ? Is the info you are talking about closed source too (hahaha), cause i can't find any.

Also, you are missing something from your optimistic cheerleading message. Any coin can reach an absurd price, as there are no bagholders in the way to stop it or to slow it down. History is here to study it. Also, This is why you usually see one pump -dump and then dead cat bounces along the way in the life of a random shitcoin. You had your chance with Cloak. Imagine how many bought at 100-200-350k. Imagine how many are waiting to dump this garbage at the first opportunity just to get at least 50% of their bitcoins back. Sorry to destroy your dreams, but this coin is done. If you think that all the technology promised will be delivered, then good luck, son. You will need plenty of it. I see that OpenBazaar released a Beta these days, so i'm expecting that these copy-paste devs will make a mock-up of it, they will try to implement it in the wallet and then they will flash dump again at that current price. The more i read this thread and the other one, the more i realize that they are not coders, but marketers and designers. The next days will provide a great amount of amusement.