Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Proof of Stake Anon
by
Coolstoryteller
on 02/07/2014, 17:30:11 UTC
Quote from: YackBallz on July 02, 2014, 05:14:50 PM
Quote from: Coolstoryteller on July 02, 2014, 05:08:10 PM
Quote from: cryptodaknight on July 02, 2014, 04:35:05 PM
Can someone explain what is different about XC and Cloakcoin methods of anon tech now? Both seem to be releasing same day, july 7th. What will set cloak appart from XC?

So will XC also be fully anon decentralized? I'm not finding much information comparing the two, is there one better than the other or both work the same way?

Cloak has a 5 million max supply and is going to have a full ecosystem for anyone to conduct business as they see fit. We could see this coin go well beyond the $100 mark.


I'd just be happy to see it get to the $1 mark first.

Cloak is holding strong at 26-35cents a coin without any major PR. You should be happy you can stockpile right now. Smiley Only reason why it isn't $1 already is people are accumulating, just take a look at the richlist. There's more people approaching the 100k mark which is what we need for this coin to go the double/triple digit numbers. Having the majority of the coin in the hands of weakhanded day traders makes the coin weak and susceptible to outside market manipulation. Anyone that has 30-100BTC in this coin isn't going to dump the coin at the 1st sign of FUD.