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Topic: [ANN][CLOAK] Private, Secure, Untraceable & Decentralized Digital Currency - page 130. (Read 810836 times)

full member
Activity: 239
Merit: 100
and about cloakcoin i do not understand why price is not stability its went to 0.0055 and now 0.0012 this not good sign

Why you only write when the price falls? Why did not he say anything when we were at 0.005? That's too bad signal for you! Comments?
full member
Activity: 295
Merit: 100
Buy while others are busy with Bitcoin and while they don't realize what is happening.
People rushing to get free BCC and selling alts..When this free airdrop finish all BTC's will be returned to exchanges and will pump alt-coins again. So don't worry enjoy free coins while there is no BTC support!

what does it mean free BCC? bitcoin cash value is i think 300 usd to 400 usd they why it is call free coin???


and about cloakcoin i do not understand why price is not stability its went to 0.0055 and now 0.0012 this not good sign
sr. member
Activity: 476
Merit: 250
Buy while others are busy with Bitcoin and while they don't realize what is happening.
People rushing to get free BCC and selling alts..When this free airdrop finish all BTC's will be returned to exchanges and will pump alt-coins again. So don't worry enjoy free coins while there is no BTC support!
sr. member
Activity: 672
Merit: 251
looks like cloakcoin dead
Not yet, cloak is still alive belong their community. Cloak is just entering a difficult time. Don't worry, it will get pumped soon. It would be a pity if the coin that is famous enough to be abandoned by his dev.
full member
Activity: 295
Merit: 100
looks like cloakcoin dead
hero member
Activity: 1030
Merit: 502
★777Coin.com★ Fun BTC Casino!
The cynic in me wonders whether the developers dumped their 7 day instamine after pumping prices to $10/coin during the last few months, then took their "break" and bailed on this project, just like the original team. How do we know the team is any different?

The optimist in me read the initial audit, hopes the code is in fact legit, hopes they are just breaking, because they are waiting for the new audit and can't really work on the code. I also think prices will keep dropping while the developers are gone. As Cloakcoin falls from the top 100 coins by market cap (96 now), it will be a good time to buy.

If the technology is legit, it sounds like Cloak will be the most secure and user friendly anonymous crypto out there. I think Monero is very user unfriendly, has major scaling/stability issues, Dash has problems with the premine and isn't really anonymous, PIVX has a stupid name and has the same problems and Zcash isn't really anonymous. Cloak is still the best in theory, but who knows until they open source it?

I still have coins in Cloak, so here's hoping it's a success...

3 years and counting, i can attest that they haven't let me down.  you got the right one baby !
member
Activity: 66
Merit: 10
i would like to know a bit more about staking but cannot find the info.
Is there some kind of manual or document with more info?
I found somewhere that i can earn 6% but is this monthly? Quarterly? Yearly?
And what are the settings for my wallet?

Thanks

Hope this helps

https://steemit.com/blog/@parat8t9/how-to-stake-using-cloakcoin-wallet



Thanks!
sr. member
Activity: 280
Merit: 253
The cynic in me wonders whether the developers dumped their 7 day instamine after pumping prices to $10/coin during the last few months, then took their "break" and bailed on this project, just like the original team. How do we know the team is any different?

The optimist in me read the initial audit, hopes the code is in fact legit, hopes they are just breaking, because they are waiting for the new audit and can't really work on the code. I also think prices will keep dropping while the developers are gone. As Cloakcoin falls from the top 100 coins by market cap (96 now), it will be a good time to buy.

If the technology is legit, it sounds like Cloak will be the most secure and user friendly anonymous crypto out there. I think Monero is very user unfriendly, has major scaling/stability issues, Dash has problems with the premine and isn't really anonymous, PIVX has a stupid name and has the same problems and Zcash isn't really anonymous. Cloak is still the best in theory, but who knows until they open source it?

I still have coins in Cloak, so here's hoping it's a success...
full member
Activity: 154
Merit: 100
i would like to know a bit more about staking but cannot find the info.
Is there some kind of manual or document with more info?
I found somewhere that i can earn 6% but is this monthly? Quarterly? Yearly?
And what are the settings for my wallet?

Thanks

Hope this helps

https://steemit.com/blog/@parat8t9/how-to-stake-using-cloakcoin-wallet
full member
Activity: 295
Merit: 100
i bought cloaks on 0.003 Sad and hoping for 0.0055 atleast to sold but cloak back too much dump
member
Activity: 66
Merit: 10
i would like to know a bit more about staking but cannot find the info.
Is there some kind of manual or document with more info?
I found somewhere that i can earn 6% but is this monthly? Quarterly? Yearly?
And what are the settings for my wallet?

Thanks
member
Activity: 78
Merit: 10
What we are seeing is a massive accumulation, not a dump.

40% ups and downs are perfectly normal in crypto.

Don't count your money while you are sitting on the table.  Wink
legendary
Activity: 2380
Merit: 1026
that's unfortunate  Cry
I have lost all my money from CLOAK  Cry
why dump Huh

Looking pretty ugly out there, bleak even ... scary down 40%; but why?  It makes no sense!  Creating opportunities for all!  Keep your head high and compare this to other similar coins.  Our day is coming!
Use this opportunity after final auditing and code releasing situation will be drastically different. If you are not aware, all this is only because of BTC, all coins falling down one by one and this is predictable. Yust enjoy free money this is not the first time this happens..
full member
Activity: 239
Merit: 100
Some sellers will cry again,like when they sold on 30-40k Cheesy
hero member
Activity: 1190
Merit: 514
It's Christmas ! Just bought tons of cloak at a price i thought i would Never see again!! Thank you fork!

Hopefully i'tll stay low Until the 5th so i Can add an other thousand on it!

Benefit of this dump , what you alreasy invested few days ago on it , you will Get It back soon
full member
Activity: 154
Merit: 100
that's unfortunate  Cry
I have lost all my money from CLOAK  Cry
why dump Huh

Looking pretty ugly out there, bleak even ... scary down 40%; but why?  It makes no sense!  Creating opportunities for all!  Keep your head high and compare this to other similar coins.  Our day is coming!

People are selling off alts to get BTC so if it forks they'll have BCC as well as BTC. Cheap coins!
member
Activity: 93
Merit: 20
that's unfortunate  Cry
I have lost all my money from CLOAK  Cry
why dump Huh

Looking pretty ugly out there, bleak even ... scary down 40%; but why?  It makes no sense!  Creating opportunities for all!  Keep your head high and compare this to other similar coins.  Our day is coming!
full member
Activity: 154
Merit: 100
I bought some higher too... You only lose if you sell at a loss. Why not put it in your wallet and stake?
full member
Activity: 208
Merit: 100
that's unfortunate  Cry
I have lost all my money from CLOAK  Cry
why dump Huh
sr. member
Activity: 1216
Merit: 333
1% to devs out of staking sounds fair. Would a hard fork be risky considering there is no mining going on, only minting? How does it impact current exchanges?

The issue with that is if a dev leaves, team changes, or the person in control of getting the 1% gets hit by a bus

I am NOT proposing nor would I support a direct 1% flow go automatically to the devs.  The 1% would go to a treasury fund, Proposals would be made to that treasury with a spam fee, maybe 1-2 cloak. All wallets staking 1 coin or more would get to vote whether that project is funded or not, Each staked coin would garner the holder 1 vote to cast on each proposal. Projects would need to get a %, maybe 50%, more yes votes than no's to be approved. The Dev Team would have to submit their proposal & budget to the treasury and the staking wallets would vote to fund them. Just like in Dash, the core dev team can have their funding cut off and sent to a new team if they don't preform. In the beginning, the Devs would probably request most of the 1% or 50,000 coins created as their value is only worth $250K but as the coin increases in value the core team will require less and less coins to receive the same dollar amount so that other proposals can be funded like a promotional video series or wrapping an airplane in logos.

check out this link to see more details as how Dash's treasury works https://www.dashtreasury.org/faq-treasury.html

The thing that makes Dash so appealing is the decentralized governance in that, participants in the network get a say in how the treasury funds are spent and therefore can steer the direction of the project. This creates an active and enthusiastic community. The turn off is the huge barrier to entry of 1000 Dash or $200,000. Cloak could offer the privacy, speed, and governance people are looking for, where many more people could participate due to a significantly lower barrier to entry.

If this initiative is adopted I think it best to be coded into the wallet before the open source release IMO
Investors must be patient.

I totally agree with what you say.

Governance is an asset for community and development.

People feel integrated into the project and decisions.
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