Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
this is the cheapest CLOAK I got.
Date: 06/04/2014 07:25:37 AM
Buy
price :0.00012500
amount: 806.80450873
filled: 806.80450873
avg price: 0.00012117
BTC Total: 0.09800902
This was on Bittrex.
Date: 06/04/2014 07:25:37 AM
Buy
price :0.00012500
amount: 806.80450873
filled: 806.80450873
avg price: 0.00012117
BTC Total: 0.09800902
This was on Bittrex.
Damn that was absolutely rock bottom price, great buy!
since everyone's boasting their best trade, here is mine
06/12/2014 05:57:01 PM Buy 0.00015000 10044.62177889 0.00014999 1.51045999
06/12/2014 05:55:45 PM Buy 0.00015000 714.50899418 0.00014999 0.10744428
06/12/2014 05:54:58 PM Buy 0.00015002 6000.00000000 0.00015002 0.90237030
my overall average price is 0.00018
so what, kiddies? It only warns potential investors from investing in Cloak - you will dump it and they will be fucked. It's why VOL is so low.
free markets have no memory. It doesn't care who bought when and at what price. You think people cared that bitcoin was bought for mere pennies, or a few bucks. Did investors shy away when BTC was at 15 bucks? How about 35 or 100?
What about when people were buying LTC for 23 cents? Did investors heed that warning when it broke $1 dollar? or $10.
Point is, your statement doesn't hold water. VOL isn't low because people bought cheap. VOL is low because markets aren't as active right now. 90% of the time markets are stagnant. If people lose money because they buy high and sell low then perhaps trading or investing in crypto isn't for them. If you use crypto as a medium of exchange then it doesn't really matter what the price is. You buy CLOAK, exchange for good and/or services and that's pretty much it, done deal.
Stop spreading FUD.
i'm holding Cloaks also. But reading about so ridiculous cheap prices month ago, wouldn't encourage me to buy it now.