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Topic: [ANN][CLOAK] Private, Secure, Untraceable & Decentralized Digital Currency - page 115. (Read 811072 times)

full member
Activity: 153
Merit: 100
YOBIT WALLET ONLINE

https://yobit.net/en/trade/CLOAK/BTC



2017-09-06 12:50:32 dominikherzog
CLOAK
Wallet status: Online (1705170 blocks)
newbie
Activity: 47
Merit: 0

For staking this coin I have two questions.
1. Is it better to split the funds for staking into smaller amounts to increase chances, if so what size?
2. I had read somewhere to send the funds one you have staked to another address. this is new to me is this correct?

Thank you.

Better to keep in one wallet and then move it to a different wallet every 30 or so days. I learned this recently, Yogi goes into more details about this a few pages back on this thread.

Thanks man I'll take a look, must of missed it when looking through the forum.
legendary
Activity: 1120
Merit: 1002
To have a few Cloak isn´t a bad idea.  Wink
sr. member
Activity: 1078
Merit: 310
AKA RJF - Member since '13
Hi,
can I ask -what is an advantage of being open source?


Trust, basically. Some exchanges won't list a coin if they don't know what is in the wallet code. Also, helps to lend legitimacy to a project if the code can be verified.
newbie
Activity: 18
Merit: 0
Hi,
can I ask -what is an advantage of being open source?
sr. member
Activity: 1078
Merit: 310
AKA RJF - Member since '13
i think now best idea is sell cloak and buy litecoin. can not make any profit atleast next two month more. best idea is buy litecoin and make profit from better coin then buy this side coin cloak this is better way

Good Lord, are you still here? Do something constructive with your life will ya? Your obviously not cut out for crypto...
hero member
Activity: 1030
Merit: 502
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newbie
Activity: 36
Merit: 0
I have been watching Cloak for some time now and feel today is the day I may buy some. I came to this forum to see if the community still has faith in the coin and it seems to be a mixed bag. This is an older one and I just was wondering if it is still worth staking and if 20 or 30 cloak coins are enough to start?

I started staking with about 30 coins (I bought more during recent up/down movements and have 70.)  I'm getting between .01 to .02 CLOAK each stake, about 4-5 days apart.  And of the few PoS coins I've minted, Cloak was the first to hit.

Right now, I'd say buy some when it's below usd $5.50 or so.  It's seems to have a pretty wide range the last week or so.
full member
Activity: 154
Merit: 100

For staking this coin I have two questions.
1. Is it better to split the funds for staking into smaller amounts to increase chances, if so what size?
2. I had read somewhere to send the funds one you have staked to another address. this is new to me is this correct?

Thank you.

Better to keep in one wallet and then move it to a different wallet every 30 or so days. I learned this recently, Yogi goes into more details about this a few pages back on this thread.
legendary
Activity: 1120
Merit: 1002
Cloak team doing a good job. Smiley
newbie
Activity: 47
Merit: 0
I have been watching Cloak for some time now and feel today is the day I may buy some. I came to this forum to see if the community still has faith in the coin and it seems to be a mixed bag. This is an older one and I just was wondering if it is still worth staking and if 20 or 30 cloak coins are enough to start?

It has been stable at this price for a little while, and I think we are ready for a nice pop. I'm thinking it may be a little longer until we see a rise since devs are releasing a new version of software shortly.

As for staking, you can stake with any amount of coins as long as they have reached maturity. You may not see a lot of action or a big return, but it should be equivalent to 6% annually.

For staking this coin I have two questions.
1. Is it better to split the funds for staking into smaller amounts to increase chances, if so what size?
2. I had read somewhere to send the funds one you have staked to another address. this is new to me is this correct?

Thank you.
full member
Activity: 154
Merit: 100
I have been watching Cloak for some time now and feel today is the day I may buy some. I came to this forum to see if the community still has faith in the coin and it seems to be a mixed bag. This is an older one and I just was wondering if it is still worth staking and if 20 or 30 cloak coins are enough to start?

It has been stable at this price for a little while, and I think we are ready for a nice pop. I'm thinking it may be a little longer until we see a rise since devs are releasing a new version of software shortly.

As for staking, you can stake with any amount of coins as long as they have reached maturity. You may not see a lot of action or a big return, but it should be equivalent to 6% annually.
newbie
Activity: 47
Merit: 0
I have been watching Cloak for some time now and feel today is the day I may buy some. I came to this forum to see if the community still has faith in the coin and it seems to be a mixed bag. This is an older one and I just was wondering if it is still worth staking and if 20 or 30 cloak coins are enough to start?
member
Activity: 93
Merit: 20
i think now best idea is sell cloak and buy litecoin. can not make any profit atleast next two month more. best idea is buy litecoin and make profit from better coin then buy this side coin cloak this is better way

Extremely thin.  Most selling is less than 10 cloak (<$50).  You sell and there may not be another chance to get in.  Especially with people like me accumulating... good luck trader.  You fall asleep on that couch, you might not wake up on the right side... Smiley
member
Activity: 109
Merit: 10
i think now best idea is sell cloak and buy litecoin. can not make any profit atleast next two month more. best idea is buy litecoin and make profit from better coin then buy this side coin cloak this is better way
Or hold and stake, then you won't miss out and just grow your stack.
full member
Activity: 295
Merit: 100
i think now best idea is sell cloak and buy litecoin. can not make any profit atleast next two month more. best idea is buy litecoin and make profit from better coin then buy this side coin cloak this is better way
sr. member
Activity: 1216
Merit: 333
No this is very good news, but if there was an open-source release date, that would be even better.

Not for the FUD, but for the community that has already waited a lot, to know when this will happen.

Just my opinion. Wink
sr. member
Activity: 504
Merit: 250
It’s nice to see an update and that the developers are back at it, this should quit down a few of the nay-sayers for now. Perhaps after the entire market goes from red to green we’ll see a nice little boost.

sorry, still not excited over "testing" and hearing for the 50th time that open source is coming. i'll move on now since everyone has tunnel vision.
What part of that post made you think I was talking about open sourcing? I was talking about people who though the developers were inactive.

I didn't even mention software licensing at all in that post...
full member
Activity: 154
Merit: 100
Cloak held up very well during last nights dump. Many coins hit new all time lows, but Cloak stayed very strong. Glad to see we didn't go back down, I think we are ready to move in the opposite direction now!
sr. member
Activity: 1078
Merit: 310
AKA RJF - Member since '13
It’s nice to see an update and that the developers are back at it, this should quit down a few of the nay-sayers for now. Perhaps after the entire market goes from red to green we’ll see a nice little boost.

sorry, still not excited over "testing" and hearing for the 50th time that open source is coming. i'll move on now since everyone has tunnel vision.


Ok, goodbye...
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