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Topic: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA - page 933. (Read 1266574 times)
June 06, 2014, 12:59:38 AM
June 06, 2014, 12:57:16 AM
I believe that the constant sells that are occurring is from the multipool "TradeMyBit". At the moment, it has over 20 GH of X13 Mining Power pointed at CloakCoin, and constantly selling it. As soon as they switch (hopefully very soon), there will barely be any sells, and the price will rocket back up. 
Price will rocket after the pow, less than a week. I'm actually pretty impressed with the dump resistance thusfar.
agree with dump resistance, but price rocketing after pow - depends on the coin. Most of the coin's value decline at the end of Pow. If the coin is innovative & niche, the coin's value rise in POS.
Agreed there, we'll see, but I have a feeling that anyone (especially a dev) who's seen crapcoins going for any amount of time know how it goes with the buy crowds. I have a strong suspicion that there is a bit more going on behind the scenes here. I wouldn't suggest putting money on my gut feeling, but 5 million coins getting minted and dumped in 7 days, not a huge crowd of buyers, low key advertisement and still the buy support to float for the majority of today at ~30k. I'm really not worried, even if it goes through the floor. the fact that they haven't gone all out to promote it yet speaks volumes to me as well. we'll see, but im not worried.
I think the selling points for CLOAK: 1) no premine 2) anon exchange. Let us look at BOOST coin with 20 million (it was first x13+pos), it was pumped upto 30K sat. CLOAK is a new potential coin with only 5 Million coins in POW. If Boost can go upto 30k sat with 20M pow coins, then CLOAK can go upto 120K sat with 5M pow coins. If anon exchange is a hit, 150K sat is easy.
June 06, 2014, 12:23:37 AM
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June 06, 2014, 12:10:49 AM
I believe that the constant sells that are occurring is from the multipool "TradeMyBit". At the moment, it has over 20 GH of X13 Mining Power pointed at CloakCoin, and constantly selling it. As soon as they switch (hopefully very soon), there will barely be any sells, and the price will rocket back up.
Price will rocket after the pow, less than a week. I'm actually pretty impressed with the dump resistance thusfar.
agree with dump resistance, but price rocketing after pow - depends on the coin. Most of the coin's value decline at the end of Pow. If the coin is innovative & niche, the coin's value rise in POS.
Agreed there, we'll see, but I have a feeling that anyone (especially a dev) who's seen crapcoins going for any amount of time know how it goes with the buy crowds. I have a strong suspicion that there is a bit more going on behind the scenes here. I wouldn't suggest putting money on my gut feeling, but 5 million coins getting minted and dumped in 7 days, not a huge crowd of buyers, low key advertisement and still the buy support to float for the majority of today at ~30k. I'm really not worried, even if it goes through the floor. the fact that they haven't gone all out to promote it yet speaks volumes to me as well. we'll see, but im not worried.
June 05, 2014, 11:39:51 PM
I believe that the constant sells that are occurring is from the multipool "TradeMyBit". At the moment, it has over 20 GH of X13 Mining Power pointed at CloakCoin, and constantly selling it. As soon as they switch (hopefully very soon), there will barely be any sells, and the price will rocket back up.
Price will rocket after the pow, less than a week. I'm actually pretty impressed with the dump resistance thusfar.
agree with dump resistance, but price rocketing after pow - depends on the coin. Most of the coin's value decline at the end of Pow. If the coin is innovative & niche, the coin's value rise in POS.
June 05, 2014, 11:29:39 PM
I believe that the constant sells that are occurring is from the multipool "TradeMyBit". At the moment, it has over 20 GH of X13 Mining Power pointed at CloakCoin, and constantly selling it. As soon as they switch (hopefully very soon), there will barely be any sells, and the price will rocket back up.
Price will rocket after the pow, less than a week. I'm actually pretty impressed with the dump resistance thusfar.
Yes the POW to POS conversion should be interesting..
June 05, 2014, 11:21:35 PM
was the white paper released? Are we waiting for some sort of update from the devs right now?
+1 I am waiting too
June 05, 2014, 11:05:21 PM
I believe that the constant sells that are occurring is from the multipool "TradeMyBit". At the moment, it has over 20 GH of X13 Mining Power pointed at CloakCoin, and constantly selling it. As soon as they switch (hopefully very soon), there will barely be any sells, and the price will rocket back up.
Price will rocket after the pow, less than a week. I'm actually pretty impressed with the dump resistance thusfar.
June 05, 2014, 11:02:12 PM
I believe that the constant sells that are occurring is from the multipool "TradeMyBit". At the moment, it has over 20 GH of X13 Mining Power pointed at CloakCoin, and constantly selling it. As soon as they switch (hopefully very soon), there will barely be any sells, and the price will rocket back up.
Did you recover from HYPER? that was a scary one. i have full faith in this.
June 05, 2014, 10:55:32 PM
June 05, 2014, 10:54:10 PM
I believe that the constant sells that are occurring is from the multipool "TradeMyBit". At the moment, it has over 20 GH of X13 Mining Power pointed at CloakCoin, and constantly selling it. As soon as they switch (hopefully very soon), there will barely be any sells, and the price will rocket back up.
you're correct. how many more days of pow again?
June 05, 2014, 10:50:02 PM
I believe that the constant sells that are occurring is from the multipool "TradeMyBit". At the moment, it has over 20 GH of X13 Mining Power pointed at CloakCoin, and constantly selling it. As soon as they switch (hopefully very soon), there will barely be any sells, and the price will rocket back up.
June 05, 2014, 10:46:30 PM
Looking that the orders on bittrex, looks to me like lot of buy support, and fake sell walls. I think someone wants to get cheap coins from the miners dumping.
Looks like someone is stocking up on coins.
Looks like someone is stocking up on coins.
June 05, 2014, 10:37:03 PM
was the white paper released? Are we waiting for some sort of update from the devs right now?
June 05, 2014, 10:24:24 PM
All these walls xD
June 05, 2014, 10:20:27 PM
Thx for sub 30,000 CLK
June 05, 2014, 10:00:33 PM
Logo should join the black, there is a mystery
June 05, 2014, 09:59:18 PM
I hate to be harsh but none of those logos look like they belong to a serious business. Look at the DRK and CRY logos, simple, corporate friendly and profiessional. You don't want logos with too much cluster fuck and shiny nonsense. Simplicity speaks volumes
Thats why i suggest the 4rth or 3rd one mate. If the colors were changed around the logo will look like they belong to a serious business for high net worth people.
June 05, 2014, 09:58:24 PM
I hate to be harsh but none of those logos look like they belong to a serious business. Look at the DRK and CRY logos, simple, corporate friendly and profiessional. You don't want logos with too much cluster fuck and shiny nonsense. Simplicity speaks volumes
Thats why i suggest the 4rth or 3rd one mate. If the colors were changed around the logo will look like they belong to a serious business for high net worth people.
I suggested removing the numbers, changing colors, and no words. If you look specificly at the 4rth logo it has potential if you change the colors around to dark blue/black/gray
June 05, 2014, 09:41:58 PM
I hate to be harsh but none of those logos look like they belong to a serious business. Look at the DRK and CRY logos, simple, corporate friendly and profiessional. You don't want logos with too much cluster fuck and shiny nonsense. Simplicity speaks volumes
Thats why i suggest the 4rth or 3rd one mate. If the colors were changed around the logo will look like they belong to a serious business for high net worth people.
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