Topic: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA - page 234. (Read 1266559 times)
August 12, 2014, 08:14:23 PM
A bit off topic, but does anyone know how to spot fake volume? What are the signs? I mean fake volume in the sence when people buy and sell coins to themselves to make it look like its being traded more than it really is. Thanks.
August 12, 2014, 08:00:52 PM
Now, the price will be raise, all whales are buying your coins.
One market is near, dont sell!
One market is near, dont sell!
August 12, 2014, 08:00:00 PM
Long time lurker, first time poster here.
Did anyone else see this happen?
Did anyone else see this happen?
McDonalds Logo if you squint?
HAHA! I'll be damned.
August 12, 2014, 07:59:16 PM
Long time lurker, first time poster here.
Did anyone else see this happen?
https://i.imgur.com/nBVeccj.jpg
Did anyone else see this happen?
https://i.imgur.com/nBVeccj.jpg
McDonalds Logo if you squint?
August 12, 2014, 07:52:46 PM
Long time lurker, first time poster here.
Did anyone else see this happen?
https://i.imgur.com/nBVeccj.jpg
Did anyone else see this happen?
https://i.imgur.com/nBVeccj.jpg
August 12, 2014, 07:49:11 PM
I think it's pretty obvious now that the pump group has dumped this coin. Now we are down to 25th on the coinmarketcap. Wish I got out a bit earlier. All the top coin holders kept saying cheap cheap cheap. Bunch of friggin liars. Telling us to buy/hold while they are dumping on us.
One person figured this out. These whales buying between 20k and 40k can continue dumping all the way down but will stop sometimes to let price go up a bit so they can dump a bit more. Would you rather have thousands of bitcoins or cloakcoins longterm.
Wow, check out ShadowCoin guys... first full mobile wallet that supports staking, p2p encrypted messaging, and stealth transfers.
https://bitcointalksearch.org/topic/m.8321871
https://bitcointalksearch.org/topic/m.8321871
It's cool but to show everyone the state of alts right now even something cool and even something almost everyone can use gives the coin weak buy support and no new buyers because everyone already bought in and now they are stuck bagholding.
August 12, 2014, 07:41:50 PM
Wow, check out ShadowCoin guys... first full mobile wallet that supports staking, p2p encrypted messaging, and stealth transfers.
https://bitcointalksearch.org/topic/m.8321871
https://bitcointalksearch.org/topic/m.8321871
August 12, 2014, 07:39:56 PM
I think it's pretty obvious now that the pump group has dumped this coin. Now we are down to 25th on the coinmarketcap. Wish I got out a bit earlier. All the top coin holders kept saying cheap cheap cheap. Bunch of friggin liars. Telling us to buy/hold while they are dumping on us.
August 12, 2014, 07:39:20 PM
Snapt from the DRK ANN but worth reading ( yea i have both coins and a few others )
http://cointelegraph.com/news/112262/florida-law-professor-names-cryptocurrencies-super-tax-havens
http://cointelegraph.com/news/112262/florida-law-professor-names-cryptocurrencies-super-tax-havens
Yup, he is right. Why bother with paying tax on a traditional savings account when you can use something like PoSA on a stable coin to earn interest. Its a lot harder to trace and no taxes. I hope cloak is that stable coin because I plan on buying a lot with any btc I get from selling my drk after whatever price increase it gets from rc4. With these prices you would be crazy not to buy lots of cloak and hold it.
We seems to have the same plan about DRK
jst waiting for RC4 Pump and dumpit to buy more CLOAK and i dont mind these prices then 
August 12, 2014, 07:01:15 PM
Bobsurplus:
lol 67k on cryptsy, CLOAK has lost around 80% of its value in the last few days, i really feel sorry for the folks who bought then....
August 12, 2014, 06:49:03 PM
Snapt from the DRK ANN but worth reading ( yea i have both coins and a few others )
http://cointelegraph.com/news/112262/florida-law-professor-names-cryptocurrencies-super-tax-havens
http://cointelegraph.com/news/112262/florida-law-professor-names-cryptocurrencies-super-tax-havens
Yup, he is right. Why bother with paying tax on a traditional savings account when you can use something like PoSA on a stable coin to earn interest. Its a lot harder to trace and no taxes. I hope cloak is that stable coin because I plan on buying a lot with any btc I get from selling my drk after whatever price increase it gets from rc4. With these prices you would be crazy not to buy lots of cloak and hold it.
August 12, 2014, 06:40:58 PM
Snapt from the DRK ANN but worth reading ( yea i have both coins and a few others )
http://cointelegraph.com/news/112262/florida-law-professor-names-cryptocurrencies-super-tax-havens
http://cointelegraph.com/news/112262/florida-law-professor-names-cryptocurrencies-super-tax-havens
Yup, he is right. Why bother with paying tax on a traditional savings account when you can use something like PoSA on a stable coin to earn interest. Its a lot harder to trace and no taxes. I hope cloak is that stable coin because I plan on buying a lot with any btc I get from selling my drk after whatever price increase it gets from rc4. With these prices you would be crazy not to buy lots of cloak and hold it.
August 12, 2014, 06:38:16 PM
Bobsurplus:
LMAO how did that work for you at Librexcoin??
August 12, 2014, 06:28:42 PM
Could someone explain to me why is PoSA v2 anonymous?
Ally has 2 PoSA addresses: Joe's and Node#1.
The transaction flow is the following:
tx#1 Ally is sending coins to Node#1 PoSA address together with Joe's PoSA address (how do you send the address in a transaction?).
tx#2 Node#1 is sending coins to Joe's PoSA address. (this was not (well) described in the diagram)
tx#3 Joe is sending coins from his PoSA address to Node#2 PoSA address
tx#4 Node#2 is sending coins to Joe's receiving address
Here is the problem I see: tx#4 is not anonymous as Joe's receiving address is linked with Ally's sending address through the above 4 transactions.
Just in case, here is the diagram with the possibly problematic line: https://i.imgur.com/UCMqsIr.jpg
Ally has 2 PoSA addresses: Joe's and Node#1.
The transaction flow is the following:
tx#1 Ally is sending coins to Node#1 PoSA address together with Joe's PoSA address (how do you send the address in a transaction?).
tx#2 Node#1 is sending coins to Joe's PoSA address. (this was not (well) described in the diagram)
tx#3 Joe is sending coins from his PoSA address to Node#2 PoSA address
tx#4 Node#2 is sending coins to Joe's receiving address
Here is the problem I see: tx#4 is not anonymous as Joe's receiving address is linked with Ally's sending address through the above 4 transactions.
Just in case, here is the diagram with the possibly problematic line: https://i.imgur.com/UCMqsIr.jpg
How does that connecting line imply that Node #2 has knowledge of Ally's address? I don't get how you're forming that conclusion.
August 12, 2014, 06:27:49 PM
Could someone explain to me why is PoSA v2 anonymous?
Ally has 2 PoSA addresses: Joe's and Node#1.
The transaction flow is the following:
tx#1 Ally is sending coins to Node#1 PoSA address together with Joe's PoSA address (how do you send the address in a transaction?).
tx#2 Node#1 is sending coins to Joe's PoSA address. (this was not (well) described in the diagram)
tx#3 Joe is sending coins from his PoSA address to Node#2 PoSA address
tx#4 Node#2 is sending coins to Joe's receiving address
Here is the problem I see: tx#4 is not anonymous as Joe's receiving address is linked with Ally's sending address through the above 4 transactions.
Just in case, here is the diagram with the possibly problematic line: https://i.imgur.com/UCMqsIr.jpg
Ally has 2 PoSA addresses: Joe's and Node#1.
The transaction flow is the following:
tx#1 Ally is sending coins to Node#1 PoSA address together with Joe's PoSA address (how do you send the address in a transaction?).
tx#2 Node#1 is sending coins to Joe's PoSA address. (this was not (well) described in the diagram)
tx#3 Joe is sending coins from his PoSA address to Node#2 PoSA address
tx#4 Node#2 is sending coins to Joe's receiving address
Here is the problem I see: tx#4 is not anonymous as Joe's receiving address is linked with Ally's sending address through the above 4 transactions.
Just in case, here is the diagram with the possibly problematic line: https://i.imgur.com/UCMqsIr.jpg
It's not possible to link sender to receiver. Coins leave Ally's wallet from a new PoSA address which is new in the blockchain. And in current implementation, coins are splited between nodes, so the coins wont reach Joe's wallet at one time, they reach Joe's wallet splitted in 3 incoming transactions.
You can see this behaviour in block explorer. For example, a PoSA tx reached wallet C8xXp9RMLbSzdCkHdeZeQjfouRyi7kw65s in block 101058 as you can see here:
http://cloak.blockexplorer.cc/block/d8db2e2172716e51203fcc1393e40b2a455c85783f8244d227625e4fcf9f58ed
Try to find who send all those 3x0,33 coins=1 cloak
This is PoSA v1. In PoSA v2 blockchain itself will have IF conditions that look if the coins are delivered in time and if not, coins return to sender. And also, you will have the possibility to choose how many nodes are used to split the coins. Bullet proof
August 12, 2014, 06:22:17 PM
The price will go even more down,
The features may help for a short time but it won't rise or control the price.
Cyrpto world is very smellier to stock exchange market.
Cloak need a big investors to control and rise the price other wise the coin will Unfortunately go in a deep down trend .
It needs distribution. In this stages just one Wale can bring the price down if he wants to buy a car - or, indeed, more Cloak. And sure, dumpings are not nice to see, but THAT IS distribution. Better now than in 4 weeks or 3 months.
August 12, 2014, 06:18:57 PM
The price will go even more down,
The features may help for a short time but it won't rise or control the price.
Cyrpto world is very smellier to stock exchange market.
Cloak need a big investors to control and rise the price otherwise the coin will Unfortunately go in a deep down trend .
The features may help for a short time but it won't rise or control the price.
Cyrpto world is very smellier to stock exchange market.
Cloak need a big investors to control and rise the price otherwise the coin will Unfortunately go in a deep down trend .
August 12, 2014, 05:45:42 PM
Snapt from the DRK ANN but worth reading ( yea i have both coins and a few others )
http://cointelegraph.com/news/112262/florida-law-professor-names-cryptocurrencies-super-tax-havens
http://cointelegraph.com/news/112262/florida-law-professor-names-cryptocurrencies-super-tax-havens
August 12, 2014, 05:36:07 PM
Whole bunch of altcoins went down and today and last seven but cloak A LOT. Have the devs communicated with anybody recently or is this just weird selling?
Just some organized dumping so people can buy at preferential prices. If you bought in because of the dev team sit tight and wait for updates. If you thought the price was going to the moon over night it's time to find a new coin to back.
The only reason I'm in this coin is because the devs seem to deliver all the time, long term holder but don't always have time to check the for info.
I'm wondering if this is a MAJOR buying opportunity or if all these sellers know something I don't.
August 12, 2014, 05:35:28 PM
Was fun while cloak lasted.
Similar has been said each time there has been a sell off but yet Cloak has bounced back to make a new ATH each and every time. So for some reason this one is different though? Show me a more dedicated development team and fairly launched coin.
The price is dipping to laughable levels though... You must admit
CLOAK is worth what the current price is. People say it is worth this and that but it's all in your head.
99% of people commenting have no fucking clue about this stuff.
This is what you get for driving all the volume away from bittrex and to a dead site called Mintpal.
And if in a few months to a year this coin will be so popular that buying hundreds of btc worth now is a good idea. Yet no one wants to put up buy walls. People are looking the other way and keep saying everything will be OK because I believe in the anonymous devs to take care of me.
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