[ANN][CLOAK] Private, Secure, Untraceable & Decentralized Digital Currency - page 40.

russBOY

full member

Activity: 300

Merit: 100

Quote from: tribanogrami on May 12, 2018, 02:12:33 AM

Quote from: tradercouch on May 07, 2018, 12:20:22 AM

why price is not jumping just trading between 14 to 15 usd last 7 days eventhough volume is very heavy but price not rising?

Be a little patient and I promise you that soon we will see the price for a Cloak of at least $50. But not 7 days for this need

It's interesting to read your guess, how much time does it take to reach the $ 50? Since you say that it is not 7 days, then you have another assumption?

lasvegas83

sr. member

Activity: 432

Merit: 254

https://cloakcoin.com

CloakCoin highlighted in Forbes article for providing owners with “innate financial freedom”

LaScuderia

full member

Activity: 588

Merit: 100

Quote from: tribanogrami on May 12, 2018, 02:12:33 AM

Quote from: tradercouch on May 07, 2018, 12:20:22 AM

why price is not jumping just trading between 14 to 15 usd last 7 days eventhough volume is very heavy but price not rising?

Be a little patient and I promise you that soon we will see the price for a Cloak of at least $50. But not 7 days for this need

This is usually a sign of consolidation of large players and traders in the asset before strong growth. A little patience for all of us who sells exactly will not hurt in a hurry, even the monero did not grow if you remember everything right.

bct_ail

legendary

Activity: 2660

Merit: 2229

https://t1p.de/6ghrf

Quote from: ?? on ??

A lot of big ass whales are hoarding cloakcoins. Stay away!

Oh yes. And you know them Roll Eyes

Please make it right: A lot of big ass whales are hoarding ~~cloak~~coins.

deepend

member

Activity: 93

Merit: 20

Quote from: normensky012 on May 12, 2018, 01:19:38 PM

Is this the CloakCoin in coinmarketcap? Why this is not famous if the features were so pretty darn smart? I see the coin as good features and nicely designed. It should replace Zcash or Monero out there.

I love it when people catch on and get it. The time is coming.

normensky012

newbie

Activity: 238

Merit: 0

Is this the CloakCoin in coinmarketcap? Why this is not famous if the features were so pretty darn smart? I see the coin as good features and nicely designed. It should replace Zcash or Monero out there.

lanndrysmith

newbie

Activity: 112

Merit: 0

Nice work to date but I still think you guys have a ways to go. Price of coin is another story though and prob even harder to make that fly.

tribanogrami

sr. member

Activity: 490

Merit: 251

Revolutionizing Brokerage of Personal Data

Quote from: tradercouch on May 07, 2018, 12:20:22 AM

why price is not jumping just trading between 14 to 15 usd last 7 days eventhough volume is very heavy but price not rising?

Be a little patient and I promise you that soon we will see the price for a Cloak of at least $50. But not 7 days for this need

vinnieG

jr. member

Activity: 124

Merit: 1

Quote from: Kavallo on May 07, 2018, 04:58:08 PM

Quote from: vinnieG on May 07, 2018, 06:14:17 AM

Quote from: tradercouch on May 07, 2018, 12:20:22 AM

why price is not jumping just trading between 14 to 15 usd last 7 days eventhough volume is very heavy but price not rising?

In order for an asset to mature, stable volume and price level is needed (consolidation). Man how can you be so impatient to complain after 7 days? Cloak just listed on Binance give it some patience.

Lol - I guess the next step we'll have to witness is people who complain that the coins they buy don't double their price after 7 hours. Cheesy

Yes, some people really think you can become millionaire in one week Wink

The best holding period is forever - Warren Buffet

Kavallo

full member

Activity: 395

Merit: 129

Quote from: vinnieG on May 07, 2018, 06:14:17 AM

Quote from: tradercouch on May 07, 2018, 12:20:22 AM

why price is not jumping just trading between 14 to 15 usd last 7 days eventhough volume is very heavy but price not rising?

In order for an asset to mature, stable volume and price level is needed (consolidation). Man how can you be so impatient to complain after 7 days? Cloak just listed on Binance give it some patience.

Lol - I guess the next step we'll have to witness is people who complain that the coins they buy don't double their price after 7 hours. Cheesy

vinnieG

jr. member

Activity: 124

Merit: 1

Quote from: tradercouch on May 07, 2018, 12:20:22 AM

why price is not jumping just trading between 14 to 15 usd last 7 days eventhough volume is very heavy but price not rising?

In order for an asset to mature, stable volume and price level is needed (consolidation). Man how can you be so impatient to complain after 7 days? Cloak just listed on Binance give it some patience.

Kingoamn

newbie

Activity: 64

Merit: 0

Quote from: ?? on ??

is Cloak available on bitmex? I want to long it 25x on margin trading it will be the best long of my life!

No, you can't trade Cloakcoin with leverage anywhere.

HeftyMagi

newbie

Activity: 93

Merit: 0

Quote from: tradercouch on May 07, 2018, 12:20:22 AM

why price is not jumping just trading between 14 to 15 usd last 7 days eventhough volume is very heavy but price not rising?

I think it is a good price for long time holders to sell and it is very good price for speculators to get in, this could be darkhorse of anons definitely could reach 4th place after dash, monero and zcash in price per coin this year. Also big volume is great for spread of coin if it could reach half of spread that dash have it will go to the moon

Remember when monero was 0,2-1$ and dash 2-5$ with volume increasing for few months before exploding.

tradercouch

full member

Activity: 295

Merit: 100

why price is not jumping just trading between 14 to 15 usd last 7 days eventhough volume is very heavy but price not rising?

Kavallo

full member

Activity: 395

Merit: 129

Quote from: raisinbran on May 04, 2018, 12:06:53 AM

Quote from: ?? on ??

Too many coins held by a few whales. Look elsewhere.

Top 100 owns 76.78 %.

Verge (XVG) is doing great. The top 100 hold 73%. I can guarantee you that if CLOAK hits the same market cap, the top 100 will hold a lot less than 73%.

Well, I guess that if most of the coins are held by a little group and they know what they are doing, the price will probably go up. Even though this is not exactly what one would expect from coins which supposedly should be based on decentralization.

AnorakThaGreat

newbie

Activity: 10

Merit: 0

Bitcoin and most other altcoins have a similar distribution, this is not something new for cryptos. Pretty sure same goes for fiat money and gold ownership/wealth - big money buys positions early if they believe in the concept.
But coin spread is an important control metric to have available to the public, IMHO, it's better to have it than not.

To all you skeptics - what's the coin distribution for Monero? Most of you have no idea, and probably very few do. Does that bother you? Did you invest into or own any? There is no rich list, no top wallets that can tell you that - yet people still invest into Monero as well, because they believe in the project.

If you have a problem with distribution that CloakCoin has, you probably shouldn't invest in Bitcoin or half of other cryptos out there either, otherwise you're just a hypocrite. Or aware of it and just a measly troll

R-J-F

sr. member

Activity: 1078

Merit: 310

AKA RJF - Member since '13

Quote from: ?? on ??

Too many coins held by a few whales. Look elsewhere.

Top 100 owns 76.78 %.

Dude, get a life! Go bother all the other coins in the same position meaning most of them...

Nathan047

sr. member

Activity: 504

Merit: 250

Quote from: therealwafdawg on May 04, 2018, 09:06:29 AM

Quote from: ?? on ??

Too many coins held by a few whales. Look elsewhere.

Top 100 owns 76.78 %.

That's the case for like every coin.

This isn't even a crypto exclusive thing. The 80/20 rule is pretty universal, and nothing is going to change that.

therealwafdawg

member

Activity: 129

Merit: 11

Quote from: ?? on ??

Too many coins held by a few whales. Look elsewhere.

Top 100 owns 76.78 %.

That's the case for like every coin.

yogibaer

legendary

Activity: 1131

Merit: 1001

Quote from: raisinbran on May 04, 2018, 12:33:03 AM

Quote from: raisinbran on May 04, 2018, 12:06:53 AM

Quote from: ?? on ??

Too many coins held by a few whales. Look elsewhere.

Top 100 owns 76.78 %.

Verge (XVG) is doing great. The top 100 hold 73%. I can guarantee you that if CLOAK hits the same market cap, the top 100 will hold a lot less than 73%.

I got into CLOAK because some time ago I had some loose change sitting around and I figured "What the hey?" CLOAK is my only crypto.

Warren Buffett has repeatedly stated that investors that know their markets should concentrate in stocks they know and not diversify.

But just between you and me and don't tell anybody, I have no idea where the crypto market is going to head. So I am going to diversify. It's kind of like creating my own personal crypto index fund.

I keep postponing the inevitable because it's going to mean a TON of research.

BTW does anybody know a pre-packaged crypto index fund, or coin, or whatever?

I honestly think CLOAK is a good, solid bet. But (again, please don't start the rumor that I don't know what I'm doing) but I really don't know where the crypto market is headed. I'm definitely going to hedge my bet.

I heard of a token "crypto20" which is a kind of index of the top20 on CMC.

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