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Topic: [ANN][CLOAK] Private, Secure, Untraceable & Decentralized Digital Currency - page 41. (Read 810899 times)

jr. member
Activity: 64
Merit: 2
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.
jr. member
Activity: 64
Merit: 2
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%.
member
Activity: 266
Merit: 16
Buy Men's & Women's Perfume now! BPfragrance accepts now CLOAK!
full member
Activity: 395
Merit: 129
CloakCoin (CLOAK) all-in-one info now added here:

https://chatoncrypto.com/Crypto/C/56-CLOAK-CloakCoin


Thanks.

Nice infos. I have just stumbled on CLOAKcoin, have seen the circulating supply but didn't see data on the max supply and when it is planned to be reached, if there is a max supply.
newbie
Activity: 62
Merit: 0
newbie
Activity: 19
Merit: 0
You can choose to wait or to sell, decisions are always very hard. If you consider all previous said and done here you probably wouldn't had any doubts. But this is difference between professionals and amateurs. For me this is perfect situation now when others selling.
sr. member
Activity: 1340
Merit: 259



Dear CLOAK Community,


We are happy to announce that a new team member joins the CLOAK family!



Joshua from HODLcast will support and represent CLOAK as the new Australian Coordinator!

Australia is a constantly growing crypto market with big potential for the future.

Joshua will help us to enlarge the CLOAK Community and to establish new contacts & partnerships down under.

Furthermore he will represent CLOAK at different crypto exhibitions with passion and big motivation.

Welcome on board!
 
Peace & Love

Team Cloak


newbie
Activity: 21
Merit: 0
Tech is superior, it is established.  The price is the most interesting thing at the moment.  It is way low and a revaluation is on the horizon.  Until onemarket arrives the price will continue to be one of the most exciting aspects to Cloak.   Aint nothing wrong wit dat.
newbie
Activity: 42
Merit: 0
There are coins in my wallet that I hold. Such as stratis and ether. But also I have coins which trade on exchanges.
sr. member
Activity: 368
Merit: 250
love you long time cloak
newbie
Activity: 64
Merit: 0
C4shm3n,not deliver something that you're not sure it works please! Because there is a lot of tension here, saw what happened after the last video.....if you please.There are people with weak nerves who do not know what they are doing Cheesy  Cheesy

What is it exactly you mean? C4shm3n isn't in charge of the project anymore, haven't been for (I think) 6-8 month or so.
sr. member
Activity: 432
Merit: 254
https://cloakcoin.com

I definitely agree with you, but in the long term, I think something needs to be done to Enigma fees as 1.8% is rather expensive, especially with large amounts.

The Enigma fees have been reduced long ago with the latest wallet release in January!

There is a fee from 1% to 0.2% flat fee, Starting with 1 Cloak and for 1000 or more it's flat fee 0.2% !


Here a nice graphic how the Enigma fee will be charged on.
You can read it also in the revised whitepaper!


legendary
Activity: 1131
Merit: 1001

I definitely agree with you, but in the long term, I think something needs to be done to Enigma fees as 1.8% is rather expensive, especially with large amounts.

The Enigma fees have been reduced long ago with the latest wallet release in January!

There is a fee from 1% to 0.2% flat fee, Starting with 1 Cloak and for 1000 or more it's flat fee 0.2% !
sr. member
Activity: 368
Merit: 250
Just wanted to reach out to the community and potential investors to clarify some things. There have been a lot of questions recently in regards to the privacy aspect of our blockchain project, given that the public addresses are visible on an explorer.

Cloakcoin enforces the open ledger maxima aka the blockchain transactions and public address amounts are indeed public & visible.
The trick is, with our Enigma mixing tech, exact transaction amounts and destinations are extremely hard (some would say impossible) to decipher. So you get the open ledger transparency, in regards to blockchain transactions, but particular wallet2wallet transaction details remain opaque. Most blockchain projects conflate those two - we made it our competitive advantage: the ledger is transparent so coin paths can be examined (by anyone!) as proof of technology and a control/attack detection mechanism, while the w2w and actual transaction privacy is maintained. This is why we claim that we are not only an anonymous (like Bitcoin), but also a private and untraceable crypto-currency.

Hope that conceptual difference answers some of the questions that were raised about CloakCoin (with every right!).
Feel free to reach out on our other channels as well if you have more questions. I invite the devs and experts from other privacy coins to join the discussion.

Godspeed,

Anorak
CloakCoin Dev

I definitely agree with you, but in the long term, I think something needs to be done to Enigma fees as 1.8% is rather expensive, especially with large amounts.
newbie
Activity: 10
Merit: 0
Just wanted to reach out to the community and potential investors to clarify some things. There have been a lot of questions recently in regards to the privacy aspect of our blockchain project, given that the public addresses are visible on an explorer.

Cloakcoin enforces the open ledger maxima aka the blockchain transactions and public address amounts are indeed public & visible.
The trick is, with our Enigma mixing tech, exact transaction amounts and destinations are extremely hard (some would say impossible) to decipher. So you get the open ledger transparency, in regards to blockchain transactions, but particular wallet2wallet transaction details remain opaque. Most blockchain projects conflate those two - we made it our competitive advantage: the ledger is transparent so coin paths can be examined (by anyone!) as proof of technology and a control/attack detection mechanism, while the w2w and actual transaction privacy is maintained. This is why we claim that we are not only an anonymous (like Bitcoin), but also a private and untraceable crypto-currency.

Hope that conceptual difference answers some of the questions that were raised about CloakCoin (with every right!).
Feel free to reach out on our other channels as well if you have more questions. I invite the devs and experts from other privacy coins to join the discussion.

Godspeed,

Anorak
CloakCoin Dev
newbie
Activity: 93
Merit: 0
cloak is so undervalued, great coin  Smiley

do you have link with more info or any tutorial on staking and how to earn from cloak assist ?  

https://medium.com/@cryptoisforeveryone/cloakcoin-passive-income-1eb57183737b

BUT - Download the Wallet from Cloakcoin.com instead, the link in this article is with an older wallet.

Thank You
newbie
Activity: 64
Merit: 0
cloak is so undervalued, great coin  Smiley

do you have link with more info or any tutorial on staking and how to earn from cloak assist ?  

https://medium.com/@cryptoisforeveryone/cloakcoin-passive-income-1eb57183737b

BUT - Download the Wallet from Cloakcoin.com instead, the link in this article is with an older wallet.
newbie
Activity: 93
Merit: 0
cloak is so undervalued, great coin  Smiley

do you have link with more info or any tutorial on staking and how to earn from cloak assist ? 
newbie
Activity: 64
Merit: 0
Thank you for the update and answers to my questions - It is very much appreciated !
legendary
Activity: 938
Merit: 1001
It is my opinion the future definitely will grow i hope the very project is going to be in the very best direction together with soon to attain the future.
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