This coin is starting to remind me of Vertcoin. One of the most advanced and flawless coins there is. And yet, check it's BTC/VTC ratio.
What I think? Whales will destroy any coin that poses a threat to BTC, and CLOAK is going that way. I like cloak, too bad I can't manipulate
the market like they do. I see coins with no dev team getting pumped up, and coins with great dev team beeing dumped down.
Yep. It's quite sad. Look a Digibyte for example... the team is constantly working on updates and innovation, totally honestly - heck they even created the digishield to protect coin(s) from multipools - and where are they now... ? Nowhere... they're too honest, and this market does not work around honesty...
Though if you invest in "honest" coins, you can sleep your nights a bit better, because their volatility is low(ish)...
We need coins that have straight away usage in real world, so they can skip the whole bitcoin part of the equation...