Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
eatenbyagrue
on 12/07/2014, 01:22:30 UTC
I have to say, if OneMarket ends up working, it is a game changer.  Could replace ebay.

It's not a matter of "if" but "when"

If DRK has 22 million coins and essentially does nothing, think about where CLOAK will be in 1 month, it's not going to the moon, it's going to pluto.

And 4,177,563 of 4,514,625 Cloak coins belong to the top 411 addresses.  That means 411 addresses own ~92.534% of all Cloak coins.  Day traders are playing with scraps.  The rich list is growing and currently holding.

You have to remember some of the TOP wallets are exchanges which can account for hundreds and thousands of investors.

Math shows this not to be the case.  Right now, 5000 cloak coin is not at all unreasonable number to have.  10000 is attainable as well for several BTC, and was cheaper earlier.  10000 CLOAK is about 1/450th of the entire supply.