Post
Topic
Board Altcoin Discussion
Topic OP
CLOAK - Full of Bull Shit
by
1stbet
on 13/06/2014, 09:20:23 UTC
I'm here to place my views on CLOAK.

CLOAK coin is full of bull shit.

1. CloakSend - The anon transaction feature promised deadline (06/12) just passed and the dev comes up with a demo web page update now. Technical details presented in the demo confirms its almost a scam. It's straight copy from Pink coin.


2. CloakTrade - Buy & Sell Cloak for BTC to be implemented directly inside wallet as per dev - what a load of BS !!! Implementing a Bitcoin exchange within the wallet is almost impossible.


3. CloakDocs - Ability to send document from one client to another. - What? why do we need this? Gimmick


4. CloakPay - Automated subscription payments - Users will be able to benefit from allowing users to enable subscription payments for any type of service, accepting CLOAK payment method - Gimmick


5. CloakTalk - encrypted messaging - unbelievable !!


I feel Cloak is a scam. Caution.