I know a lot of people read these threads but never comment, so a message for all sellers on Mintpal including them.
If you have sell orders between 38K and 52K on CLOAK (or if you are the guy with 11 BTC sell order at 52K) please consider to cancel some of your sell orders and move them up higher, closer to 100K. It seems that as soon as someone places buy orders above 38K a couple individuals immediately starts selling and pushing the price back down. Have some faith people, this coin has all the potential to rise with a very active and awesome DEV team that has always delivered on time. (so far)
This seems to be a coordinated action by a group. Somebody is trying hard to keep the price under 40k. Perhaps bobsurplus aka AltcoinMessiah and his team are trying to do this in order to get CLOAK at lower price than it naturally should have been which is 40-60k range by now.
The price is definitely manipulated and kept artificially lower. Some is either scared of CLOAK and the next week, or is accumulating cheap coins before the rise. Some pump and dump group might be doing this.
We do not need this rubbish, we don't need the price to triple in 24 hours - we need steady and healthy rise people. Wake up !
You got to expect some of that though. Some people are just traders looking to make a quick buck. The price recently dipped down to 16k, those who bought there (me included) are already up 100%