that dev did not have very nice things to say about bob.
fact is people like him will always be around, pumping and dumping. might as well just write a blank cheque to him if you choose to stay in the alt game.
i'm out.
good luck cloak, i'll check back and maybe buy back in at 800 sat or whatever hilariously low number you're about to reach, why not. i wrote off this investment anyways. i made my profit a while ago, now it's time to say goodbye.
I read their audit. Looks like they failed to provide a trust-less protocol all on their own. Now they're blaming Bob (who isn't even a dev). I'm guessing bob knew that they were going to fail and that's why he pulled out. He tried warning all you guys, now you're making him the bad guy.
This coin is done. Bob's stacking LXC and turning it into the next cloak. His crew already has 1000s of bitcoins lined up to play with it and to hire a crew of devs. All the coins he touches turn to gold, but when you wait too long they turn into coal.
I got into cloak late, and sold at a slight loss. I'll probably let it hit the ground in the next few weeks and scoop some up. But to be honest I wouldn't want to be holding cloak this week. :/
Sorry to say but Cloak is dead, PoSA was allegedly worked on for more than 2 months and in the end after everyone waiting and the devs telling it will be soon and its working along with the private testers saying they were amazed was all for nothing. This is pretty much killed this coin. I sold around 120k right when I saw that image linking cloak to molecule coin, I did my own personal search and didn't like what I found and the amount I had invested I just didn't feel right about cloak after that.
I did plan to buy back only if PosA v2 was released, working and open sourced to prove that its real but to be honest I started to realize that there's a high chance its not.
I also have suspicion that Bobsurplus was involved in cloak and not just as normal investor like most of us were but part of the cloak team. My guess is that he did the majority of trading and made a shitload of profits in return splitting it with the cloak Devs mainly Alty aka TheDagger thats why their balances in the richlist didn't budge besides it would of been impossible to dump 200-300k worth of cloak without crashing the market in a hour. That's my theory, maybe right maybe wrong, doesn't really matter.
Main reason by I sold in the first place and lost trust in Cloak devs was this:
https://bitcointalksearch.org/topic/crypto-conspiracy-733909It wasn't FUD, not going to lie here. I was one of the 3 people in the chat log in that thread created by 2 others that would like to stay anonymous.
What bothered the most is why was the server shutdown almost instantly after the appearance of the CMD image showing one of the nodes on testnet being hosting on the same server linked to molecule coin, same IP which is static (confirmed by digital ocean) appeared as a hard coded node in Version coin (V), showing up in shibecoin, molecule...etc. Maybe its just one of the private testers but I was convinced that it was owned by Alty or one of the cloak devs due to the fact the server was shutdown immediately after CMD image was posted here.
After I realized that cloak might just be another fake scam crypto I sold cloak. Left the IRC, never posted anything about Cloak in this thread until now.
I never trolled and don't have a history of doing so, pretty shocked and disappointed as I did loose trust in all crytpos after this so don't take this as FUD.
The truth hurts sometimes but I thought people should know this and stop ignoring it. Not everything is considered FUD.