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Topic: [ANN][CLOAK] Private, Secure, Untraceable & Decentralized Digital Currency - page 23. (Read 810894 times)

newbie
Activity: 29
Merit: 0
A good, healthy private coin is being delisted with no reasons.
You know what?
I've been busy filling my bags for the last couple of days on bittrex Cheesy

full member
Activity: 295
Merit: 100
Coinmarketcap cloakcoin ranking number is 450 i am really very upset about cloakcoin and about my investment on cloakcoin but i still trust on cloakcoin
member
Activity: 140
Merit: 10
But it is highly shady practice to delist coin without clearly stating why... Actually it could be immediately considered as probable insider trading. While every move like this highly influences price, and if coin has no signs of problems before and was dilisted out ow nowhere.. really shady.

Even if coin breaks some of the rules it must be clearly stated to raise community awareness.

And when healthy coin looses 40% of the value just because someone had a bad day it is unacceptable.   
full member
Activity: 295
Merit: 100
So, any off statement from Binance?

No, unfortunately not.
Who cares. I remember Dash was once delisted from bitfinex, I think in 2016.
Cloak is a great coin! Keep doing the good job.

Yes you are right many coin delisted from many exchanges in past years some for reason some for not. But this time binance decision for cloakcoin delisting something strange i can say very strange. cloakcoin is much and more active project and very professionally handling by cloakcoin team.
newbie
Activity: 29
Merit: 0
So, any off statement from Binance?

No, unfortunately not.
Who cares. I remember Dash was once delisted from bitfinex, I think in 2016.
Cloak is a great coin! Keep doing the good job.
full member
Activity: 295
Merit: 100
Almost all altcoin catching btc ratio of all time high very soon but cloakcoin very bad days now a days.cloak all timd high is 0.0055 Sad and its very far far away
legendary
Activity: 1131
Merit: 1001
So, any off statement from Binance?

No, unfortunately not.
member
Activity: 140
Merit: 10
So, any off statement from Binance?
newbie
Activity: 29
Merit: 0
Those patents do not refer to anything related to Cloak.
Total BS
newbie
Activity: 30
Merit: 0
https://i.imgur.com/kOQmSg2.png

Dear Cloak Community,

The news on Friday about Cloak being delisted from Binance has emotionally shocked me. As CloakCoin’s project manager this is an even harder hit for me because I very strongly identify myself with the project. Binance is a reputable player in the crypto scene. This unsubstantiated and incomprehensible message tarnishes CloakCoin’s reputation in a negative way. I particular, it is perplexing to me that this has occurred when CloakCoin is a V-label verified project on Binance Info. This is the result of regular correspondence and careful observance of any requirements imposed by Binance. Looking back at the regular contact made with Team Binance previously, I hope for a detailed explanation regarding which of the points apply to CloakCoin. Below, I have answered and listed the general motivations of Binance from our point of view.


COMMITMENT OF THE TEAM TO PROJECT

Since the project was adopted in 2014, it has been fully funded from our own resources. It is in our own interest to drive the project forward and provide investors with the best possible privacy protection solution. We have participated regularly in events such as the Binance Conference in Singapore. In addition, we are always transparent across multiple channels and regularly share insights with our community on the progress of the project. These include both the regularly filled status reports to Binance as well as the monthly reports of each Cooridnator and other departments proving that all obligations are being fulfilled. Therefore, we see no issue with the team’s commitment to the project!


LEVEL AND QUALITY OF DEVELOPMENT ACTIVITY

All activities are recorded on Github by our devs and currently only stored in a private folder. Our goal is to publish a finished product on GitHub. Both our partners and our community were informed on a monthly basis about the current status of the development.


NETWORK STABILITY

CloakCoin has had a stable, functional and powerful network since the beginning. Cloak was never affected by past PoS attacks. In addition, there were no forks of any kind. The stability of the network is characterized by the blocks which are generated every 60 seconds and since our blockchain started there is no detectable failure of the network.


PUBLIC COMMUNICATION

We are in daily contact with the community and report on the current developments of the project. We consider it our duty to inform our community about progress and future plans. All lines of communication are actively operated through all of our social media channels.


RESPONSIVENESS TO OUR PERIODIC DUE DILIGENCE REQUESTS

As already described, we have always fulfilled all the duties that Binance have assigned to us. We have always delivered the required evidence of progress on time and do not see this point as a meaningful concern.


EVIDENCE OF UNETHICAL / FRAUDULENT CONDUCT

We reject any allegations of unethical behavior. There is no confrontation with theft, infidelity, fraud or corruption, money laundering or other competition violations. In addition, there is no deviant and counterproductive behavior. We live an open corporate culture and always maintain personal contact with the team and the community. Since CloakCoin is a self-financed project, we cannot be blamed for embezzling funds.


CONTRIBUTION TO A HEALTHY AND SUSTAINABLE CRYPTO ECOSYSTEM

CloakCoin has been an integral part of the rapidly growing ecosystem since 2014, helping to facilitate fast, secure and private transactions. In addition, CloakCoin has a finished product that is still being developed and improved. The product itself and the work of the coordinators is a healthy sign that the focus is placed on the expansion of partnerships and adoption.

I would like to reiterate that despite having no ICO, no premine and no raising of venture capital, CloakCoin has managed to build and deliver a working product that has been operating now for almost 4 years. CloakCoin is a robust implementation of proof of stake and a contributor to the PoS Alliance. Thanks to our development of the Enigma Payment System, it is also a unique privacy enhancing technology in that it maintains an auditable total money supply.

Cloak has stood the test of time and although the market cap does not currently reflect the years of hard work, we are more committed than ever as many regions hurtle toward becoming a cashless society, it is now more important than ever that privacy preserving cryptocurrencies enable fungibility and permissionless, peer to peer payments, without intermediaries. A truly private digital equivalent to cash that frees the individual of intrusive surveillance in order to maintain their autonomy and dignity.

I see no clear reasons for the delisting of CloakCoin. The request for a detailed justification from Binance has yet to be answered. Nevertheless, I hope that we will find a positive solution that will satisfy both the team and everyone involved. Finally, I would like to express my sincere gratitude to every member of the project who, despite this phase, stays with us.

We will keep you up to date!

Peace & Love

Stefan Kender - lasvegas83




member
Activity: 140
Merit: 10
I wander how this will work out. Do binance must to clarify delist reason? Or it is up to them? GL Cloak team
sr. member
Activity: 432
Merit: 254
https://cloakcoin.com


Dear Cloak Community,

The news on Friday about Cloak being delisted from Binance has emotionally shocked me. As CloakCoin’s project manager this is an even harder hit for me because I very strongly identify myself with the project. Binance is a reputable player in the crypto scene. This unsubstantiated and incomprehensible message tarnishes CloakCoin’s reputation in a negative way. I particular, it is perplexing to me that this has occurred when CloakCoin is a V-label verified project on Binance Info. This is the result of regular correspondence and careful observance of any requirements imposed by Binance. Looking back at the regular contact made with Team Binance previously, I hope for a detailed explanation regarding which of the points apply to CloakCoin. Below, I have answered and listed the general motivations of Binance from our point of view.


COMMITMENT OF THE TEAM TO PROJECT

Since the project was adopted in 2014, it has been fully funded from our own resources. It is in our own interest to drive the project forward and provide investors with the best possible privacy protection solution. We have participated regularly in events such as the Binance Conference in Singapore. In addition, we are always transparent across multiple channels and regularly share insights with our community on the progress of the project. These include both the regularly filled status reports to Binance as well as the monthly reports of each Cooridnator and other departments proving that all obligations are being fulfilled. Therefore, we see no issue with the team’s commitment to the project!


LEVEL AND QUALITY OF DEVELOPMENT ACTIVITY

All activities are recorded on Github by our devs and currently only stored in a private folder. Our goal is to publish a finished product on GitHub. Both our partners and our community were informed on a monthly basis about the current status of the development.


NETWORK STABILITY

CloakCoin has had a stable, functional and powerful network since the beginning. Cloak was never affected by past PoS attacks. In addition, there were no forks of any kind. The stability of the network is characterized by the blocks which are generated every 60 seconds and since our blockchain started there is no detectable failure of the network.


PUBLIC COMMUNICATION

We are in daily contact with the community and report on the current developments of the project. We consider it our duty to inform our community about progress and future plans. All lines of communication are actively operated through all of our social media channels.


RESPONSIVENESS TO OUR PERIODIC DUE DILIGENCE REQUESTS

As already described, we have always fulfilled all the duties that Binance have assigned to us. We have always delivered the required evidence of progress on time and do not see this point as a meaningful concern.


EVIDENCE OF UNETHICAL / FRAUDULENT CONDUCT

We reject any allegations of unethical behavior. There is no confrontation with theft, infidelity, fraud or corruption, money laundering or other competition violations. In addition, there is no deviant and counterproductive behavior. We live an open corporate culture and always maintain personal contact with the team and the community. Since CloakCoin is a self-financed project, we cannot be blamed for embezzling funds.


CONTRIBUTION TO A HEALTHY AND SUSTAINABLE CRYPTO ECOSYSTEM

CloakCoin has been an integral part of the rapidly growing ecosystem since 2014, helping to facilitate fast, secure and private transactions. In addition, CloakCoin has a finished product that is still being developed and improved. The product itself and the work of the coordinators is a healthy sign that the focus is placed on the expansion of partnerships and adoption.

I would like to reiterate that despite having no ICO, no premine and no raising of venture capital, CloakCoin has managed to build and deliver a working product that has been operating now for almost 4 years. CloakCoin is a robust implementation of proof of stake and a contributor to the PoS Alliance. Thanks to our development of the Enigma Payment System, it is also a unique privacy enhancing technology in that it maintains an auditable total money supply.

Cloak has stood the test of time and although the market cap does not currently reflect the years of hard work, we are more committed than ever as many regions hurtle toward becoming a cashless society, it is now more important than ever that privacy preserving cryptocurrencies enable fungibility and permissionless, peer to peer payments, without intermediaries. A truly private digital equivalent to cash that frees the individual of intrusive surveillance in order to maintain their autonomy and dignity.

I see no clear reasons for the delisting of CloakCoin. The request for a detailed justification from Binance has yet to be answered. Nevertheless, I hope that we will find a positive solution that will satisfy both the team and everyone involved. Finally, I would like to express my sincere gratitude to every member of the project who, despite this phase, stays with us.

We will keep you up to date!

Peace & Love

Stefan Kender - lasvegas83

member
Activity: 140
Merit: 10
I dont get it, few weeks ago you are "best friends" and now delist announcement. If it is a mistake it is big one, it does not happen automatically, so it is really looks shady... And how would someone trust Binance if they recall delist? They would be accused of fraud while this announcement highly influenced price.
full member
Activity: 518
Merit: 100
I think everything will be fine with cloak and other delisted coins. The main thing is to develop a project.
hero member
Activity: 1050
Merit: 604
Did CLOAK pay to get listed on Binance?

Cause if you did , you guys got really shafted.





One would have thought CZ could have told you if there were any problems with keeping CLOAK listed on Binance and what you could do to avoid a delisting?

full member
Activity: 295
Merit: 100
FUD started now lots of enemy comes and against cloak coin... cloak coin donot worry. We will fight with FUD talks hahahaha
newbie
Activity: 37
Merit: 0
its a just marketing or trading strategy for dump this coin to investors,. after investors gain some bag maybe listed binance or other exchange will coming again, same like bts delist from trex and now listed again, clock till now have a one good exchange , dont panic
legendary
Activity: 1862
Merit: 1505
We contacted Binance to get answer for their decision. We think this decision is a mistake. Asap we ahve answer from Binance we will publish these news.
Delisting is probably due to item #7 on the list of Binance "reasons". #7 - not to be confused with 007, but just as lethal - is a euphemism for daily volume transacted, or how else do you to a healthy and sustainable crypto ecosystem? And whose ecosystem are we talking about?

https://coinmarketcap.com/exchanges/binance/

If you look here you will find 100 coins with much less volume than what CLOAK hat daily on Binance. The fact is we contacted Binance and wecontacted the binance support in our special Binance&Cloak Group on telegram. But all Binance had to say by now are the point that could lead to a delisting. But Binance did not tell us the reason for the delisting decision yet. We try to get the truth out of Binance. Everything else is speculation at the moment. Once we know the reasons we will publish them. Please be patient. Thank you.

Even though I don't hold any CLOAK, I totally agree with you. This makes no sense! There are a number of totally dead projects currently listed at Binance, with absolutely no development and even no volume at all.

Cloak does have a good development history and strong fundamentals, and this is a totally absurd decision by Binance.
legendary
Activity: 2380
Merit: 1026
No need to put big fonts you can share this news in normal mode even this is bad news

Did you think you were the king of Bitcointalk? Of course, certainly the one of the assholes.
The guy has the right to write as he wishes!

Your coin sucks. It's useless. It'll make one less piece of shit.

Wrong!

Annoying posts with big letter are not favored by moderators, nor trash-talk, those are very low quality posts and can be considered as spam.
If you dont like an project simple avoid it, or if you have an evidence you can start scam accusation in appropriate topic..
legendary
Activity: 1131
Merit: 1001
We contacted Binance to get answer for their decision. We think this decision is a mistake. Asap we ahve answer from Binance we will publish these news.
Delisting is probably due to item #7 on the list of Binance "reasons". #7 - not to be confused with 007, but just as lethal - is a euphemism for daily volume transacted, or how else do you to a healthy and sustainable crypto ecosystem? And whose ecosystem are we talking about?

https://coinmarketcap.com/exchanges/binance/

If you look here you will find 100 coins with much less volume than what CLOAK hat daily on Binance. The fact is we contacted Binance and wecontacted the binance support in our special Binance&Cloak Group on telegram. But all Binance had to say by now are the point that could lead to a delisting. But Binance did not tell us the reason for the delisting decision yet. We try to get the truth out of Binance. Everything else is speculation at the moment. Once we know the reasons we will publish them. Please be patient. Thank you.
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