Sorry guys, but show me one coin that did that you wish to see with cloak.
There is no one. I was also thinking in the past and i have some worthless bags.
Crypto is not a investment that need time to show its potential.
Its only scammers paradise and for non scammers a lottery, nothing more.
BC, CAT, AC, MINT,CINNI, DOGE, WC, XC , VERI, PANDA, AUR, VTC, .... LTC .... CLOAK
Show me one coin over the last month that done fine.(expect actual new pumps ) - There is no one
I think, it`s much too early to draw such conclusions. Most of the coins (99%) won`t have any real value in just 1 year, some of them haven`t any real value now. But for me its obvious: The financial system will be changed through Crypto. We see just the first steps of a movement that will make history. I know, pathetic words, but I`m really convinced. But: Even Bitcoin is a Baby. Now we are in a stage of Scams and Experiments but also great Innovations. Take a look at Blackcoin. The chart looks terrible. But that doesn`t mean that much. The development goes on and the Team behind should be taken serious (just one example... I`m not invested in BC). Bitcoin also had huge setbacks but look where it stands.
I personally think: There will be Coins with "Mainstream-Potential" and I doubt it will be Bitcoin. The mainstream-coins probably won`t be anonymous, rather than easy to use, catchy design with some nice features. But there will be also truly anonymous Coins. Thats a very huge market, and I don`t mean it just for illegal activities. We live in a world of surveillance and Crypto is one of a few examples for motion against (or against-motion?).
That, I personally see as a fact. Nobody knows if Cloak will be on Top of the Anon-Cryptos. But the idea is very perfect - if I understand it right. The question is: Can it be developed this way? Theoretically... the answer is presumably yes. Does the Cloak-Dev-Team has the skills to do it and the "staying power" for longterm Development? Don`t know... but it`s obvious that they show it so far. And without any doubt: They are invested and they won`t end as bagholders.
The price could go to 10 Dollar and than crashes to 50 cent and it wouldn`t be necessarily the end, if development goes on and possible problems can be managed. Bitcoin went to 30 Dollar and crashed and came back (a little understated).
My prediction: PoSA is "do it or die". If it works provable as promised, everybody will think: "That team is good for more." And than, to boot in combination with OneMarket, Cloak will draw attention to more than just speculative-motivated Investors. I personally don`t expect a straight run. I expect setbacks, maybe technically setbacks (not just FUD and "normal Price-Crashes"). But I also think: The potential is to huge to be not invested. And because of the potential in longterm (or at least mid-term), I won`t sell because of little movements in price or little setbacks or delays. What I wish to see I see. My personally goal is, to be early in Coins that could attract "real money"... or rather: real use. And so far, Cloak is my personally Number one.
Key-Question: Will be the Cloak-Idea developed as said?
Second Question: Will be there a better competitor?
If the answer for question one will be "yes" and for question two "no"... it will be Cloak. And everybody who thinks that way would be silly not to invest a little and make this bet. I don`t say that because I`m invested. For me thats simple rationally. Because you don`t have to risk much money to be invested in a great potential.