Ninjastic
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Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
MysticalCockFungus
on 24/07/2014, 11:02:41 UTC
Quote from: cryptoatc on July 24, 2014, 10:47:38 AM
Quote from: Wumm on July 24, 2014, 10:27:35 AM
Quote from: Spartan10 on July 24, 2014, 10:21:59 AM
Quote from: Bobsurplus on July 24, 2014, 07:16:54 AM
This weekend, next weekend.. Makes no difference to me. I want it to be bulletproof when released so better to take time and get it right then launch with something buggy.

Absolute right Smiley +1

Completely agree. Current price reflects assumption of working PoSa, I don't think we'll see a meteoric rise on successful launch (that will happen on release of positive news in respected crypto media and then eventually conventional media). The only thing that will hurt price and maybe even kill the coin is a release that doesn't work. Take as much time as you need. Keep expanding beta testing group until you are sure that scale-up will work as well as it currently does with a small number of users.

I think the price does not reflect the assumption of working PoSA, otherwise it would be higher than dark, no?

I think the price reflects the assumption that it may be working... but there is not a concrete proof...

When a proof is made public, we will see a good increase for sure. Specially if cloak is the first ones to do it

There is already plenty of proof from beta test videos and community members etc, I know I bought/continued to hold my coins because I assumed PoSA will be working and I am sure you do too. Dark never even released a working product and it got to where it is, so DRK is just a completely different situation, its all hype.