the current price should only be emotionally compromising day traders.
anyone else knows that this coin did about 2500 BTC volume the day it got listed on MP, and about 2000 BTC the same day on bittrex. there is a lot of outside interest in this coin. these current fluctuations are just alt-coin day traders looking to bob and weave between the hot new coin of the day.
won't mean much when the entire darknet is buying cloak in the future.
there's not real reason to panic unless the devs decide to quit, or figure out that PoSA cannot work as intended etc. THAT would be bad news worthy of a dump, anything else is just day trader impatience, at REALLY low volumes. 100-200 BTC volume is nothing for this coin. with one day's worth of volume this coin could be higher than 350k.
so remember to keep things in perspective.
Topic: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA - page 317. (Read 1266559 times)
August 07, 2014, 12:43:39 PM
August 07, 2014, 12:43:20 PM
skyvalley is trolling for cheap coins with poor ta and fud, bit of a bottom feeder that one 
August 07, 2014, 12:41:13 PM
This is just like I told everyone beforehand. POSA will be a classic sell the news event. Wait for a true bottom if you want to own this coin.
Where is the ture bottom？Lower than 155 ;/
We're going to double bottom today, sad.
Sad? Depends on which side of the trade you're on.....although I appreciate your style and getting that buy earlier, well done. However, none of it was mine.
August 07, 2014, 12:32:36 PM
This is just like I told everyone beforehand. POSA will be a classic sell the news event. Wait for a true bottom if you want to own this coin.
Where is the ture bottom？Lower than 155 ;/
We're going to double bottom today, sad.
August 07, 2014, 12:31:02 PM
This is just like I told everyone beforehand. POSA will be a classic sell the news event. Wait for a true bottom if you want to own this coin.
Where is the ture bottom？ August 07, 2014, 12:28:04 PM
This is just like I told everyone beforehand. POSA will be a classic sell the news event. Wait for a true bottom if you want to own this coin.
August 07, 2014, 12:18:01 PM
Whale want to pump Cloak up...
Good idea, but if there'll be no another support, it could be solution for very short or short.
WE NEED DEV NEWS.
Good idea, but if there'll be no another support, it could be solution for very short or short.
WE NEED DEV NEWS.
Here's your Dev news:
PoSA Update:
There have been two big changes in 1.9.7.27:
First:
Instead of relaying any POSA Service Availability Announcements around that a node sees, it only relays announcements from itself out to other nodes.
Originally, relaying them around makes it so the network can light up faster, but then you have no way of directly contacting one of those nodes. It could be a node that a peer of a peer of a peer is connected to. So we changed it so your view of the PoSA network is only comprised of those PoSA nodes you are directly connected to as peers.
Second:
There is now an "are you up?" validation check when sending, by sending a check message and waiting for the acknowledgement. If we don't get an acknowledgement before it times out to verify that the node is still up, then the send fails.
PoSA testing is continuing and we'll aim to get a public version out soon.
There have been two big changes in 1.9.7.27:
First:
Instead of relaying any POSA Service Availability Announcements around that a node sees, it only relays announcements from itself out to other nodes.
Originally, relaying them around makes it so the network can light up faster, but then you have no way of directly contacting one of those nodes. It could be a node that a peer of a peer of a peer is connected to. So we changed it so your view of the PoSA network is only comprised of those PoSA nodes you are directly connected to as peers.
Second:
There is now an "are you up?" validation check when sending, by sending a check message and waiting for the acknowledgement. If we don't get an acknowledgement before it times out to verify that the node is still up, then the send fails.
PoSA testing is continuing and we'll aim to get a public version out soon.
August 07, 2014, 12:05:19 PM
Whale want to pump Cloak up...
Good idea, but if there'll be no another support, it could be solution for very short or short.
WE NEED DEV NEWS.
Good idea, but if there'll be no another support, it could be solution for very short or short.
WE NEED DEV NEWS.
August 07, 2014, 12:00:44 PM
Like and thumbs up above
Oh another productive member, R2-D2R2
Oh another productive member, R2-D2R2
August 07, 2014, 11:49:37 AM
Both CLOAK and KEY are affected by the same whale? Did you see there is a strong correlation between them?
August 07, 2014, 11:33:29 AM
Noobs sell off again because price is not going UP alltime LOL
Check classic trend ABC after solid correction...
Something like that, you can also calculate by Fibo - often goes +50/61.8% -23/38% +50/61.8%
Check classic trend ABC after solid correction...
Something like that, you can also calculate by Fibo - often goes +50/61.8% -23/38% +50/61.8%
August 07, 2014, 11:20:25 AM
Any particular reason for the price drop? Big whale dump, problem with PoSA? Checked back a few pages here and didn't see anything really, besides folks just mentioning chart forecasts.
I'll guess a number of folks sold to go chase SDC, but wouldn't think it'd affect the price that much. Or just investor impatience... even though I thought I saw the devs announcing PoSA release this week?
I'll guess a number of folks sold to go chase SDC, but wouldn't think it'd affect the price that much. Or just investor impatience... even though I thought I saw the devs announcing PoSA release this week?
August 07, 2014, 11:17:26 AM
bought at 150 and sold at 180 made a good profit though.
Only 20%? LOL
August 07, 2014, 11:16:19 AM
I thought Cloak was going down to 50k like many bright fortune tellers in this thread tried to tell us in the past many pages?
August 07, 2014, 11:09:54 AM
bought at 150 and sold at 180 made a good profit though.
Liar. Bottom was 155.
LOL
August 07, 2014, 11:08:00 AM
I only come here to read DEV posts and selective productive members posts such as Tokyo, Bob, Bangomatic, Pookie, Slick, Burner, DarkProton, ETC.
The rest is entertainment and horse sh*t!
Grown ups know how to filter.
The rest is entertainment and horse sh*t!
Grown ups know how to filter.
August 07, 2014, 11:06:23 AM
bought at 150 and sold at 180 made a good profit though.
August 07, 2014, 11:05:44 AM
bought 1k at 160 and sold at 180+.. thank you
August 07, 2014, 10:49:39 AM
do not care about the ones who keep on making the FUD and that will do nothing to the coin if we ignore them.
August 07, 2014, 10:38:39 AM
Cloakcoin Now Trading On Onecryex.com
https://www.onecryex.com/trading/CLOAK_BTC
https://www.onecryex.com/trading/CLOAK_BTC
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