This is the same result as CLOAKSEND 1.0 which was nothing but a simple mixer, we need some more concrete proof, open public BETA testing, more in-depth technical info, code reviewed by trusted source....

and as far as the price declining, its obvious if you follow the blockchain that DEV/early adopter mined ALOT of cloak, worst case senerio is that cloak devs are still using simple mixer (like cloaksend/posa v1), mocked up a video to make it look like they have more advanced working anon features (and maybe pushed price up by themselves , like happend when cloak was accepted by mintpal, price automatically shot up 150%, in hopes it would stabilize and they could offload), and now dev knows that he cant produce any real proof and will refuse to do open BETA (i've been waiting WEEKS) or a peer code review, and is trying to dump as much cloak as possible, remember guys this is still an ANON DEV.... please be careful

if cloak turns out to be legit that would be awesome, we need more working anon solutions in crypto