Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
Minotaur26
on 10/09/2014, 16:09:35 UTC
Where is the one market ?

There.Is.No.Such.Thing.
There wasn't, there hasn't been, there isn't, there won't be and there won't have been anything called "OneMarket".

Or, to say it with some altered form of community's members' words: mark my words and you'll cry later.
Finally, I turned into a cynicist. Hope this condition passes as time goes by.
Alty said onemarket will be tested on testnet soon. It was supposed to be today, A simple delay means "there was never a OneMarket" to some.

I think it is just a delay, very common in the programming world.

But you can draw your own conclusions.
I admire people who can still be positive. Also, I'm a programmer by profession and I know about the delays. But this is something completely different.
To me, it's just a feeling: we have announcements, nice PDFs but where are the things that are listed on those PDFs? Does anyone even know what half of the features there are supposed to be? At the moment, they are just pastime for guessing funny acronyms. Everything gets delayed, we hear that something will come without anyone even knowing what that is supposed to be (besides OneMarket).

Just think about it. In the last two months, couldn't it maybe be possible that there wasn't anything being developed on cloak? Regarding everything we got, was there anything, any sneek peek to what's being developed? Has anybody ever seen any development in the past weeks? I mean, not just heard about it?
Maybe I'm wrong (I would be glad to be wrong [see, YourMother: no problem admitting being wrong]), but to me it could also be likely that this coin is just being used to produce some money by releasing news from time to time. Nice and easy income, rinse and repeat.

Still, I hope I'm wrong.

PoSA exists. There were the testings. There were the differences between MrRGnome and the team but even if he was very disappointed, he also confirmed that it's all there. This is absolutely no Scam. If it would be one, they would have announced a passed audit, than sold .....and away.

The problem is: There are delays. It's not the first one. But, even this I don't see as a big problem if there is communication. And in the first time there was a lot of communication and explanation. But now... one Tweet. That's all. And T H A T , for me, is the biggest problem and it threatens the whole project, because it looks fishy. Some think they are gone. Others think they could intend a price-drop to buy before the release and so on.

I personally think: They are under a lot of pressure and they don't know how to handle it. They don't want questions and they don't want to answer these questions. Therefore they avoid communicative ways like IRC or Forum. But I also think: There will be a release.

You are right. PoSA does exits - it is real. It was audited by a third party - the audit didn't fulfill everybody's wish list 100% and then the coin went down big time.

If devs were con men, as some are saying why on earth would they request an audit by the third party and then post the result - even though they knew the ramifications of it.

We can accuse Alty and devs for doing many thing badly but one thing cannot be denied - they were totally honest - I mean 100% brutal honesty -and this is of course going to have an effect on the price.

Scamcoin devs spend all day posting on btctalk and twitter - CLOAK devs rarely post anything. Why? Perhaps they are indeed really busy and under immense pressure. We are not talking about some mambo-jumbo here - they have to deliver the Holy Grail - and it might take weeks, months or it might never happen. The future is unwritten.

Hope you have all cooled down a bit after this new shock - it's been almost 24 hours. Let's move on, those of us who have stayed in are all in, because there is no turning back now - and we know it.

I hope is OK I give you an outsider perspective on this.  When you promise something will be delivered on a certain time frame when the due date finally comes you need an excuse to get out of the situation. The first time this happened was with that audit that no one saw or knew it was taking place ahead of time. So it is simple you create an expectation that moves the market, everybody thinks they are buying the rumour to sell the news, but before the due date comes they release a new piece of information that prevents them from actually having to deliver something concrete. That right there was your cue that something was terribly wrong.

Then after that, they promise several systems that will be delivered in about 10 days, how is that humanly possible? Have you ever worked on a real life project that was released in 10 days and was complete and successful? They drive the market again, and the day before the due date again they come up with an excuse. No main developer for 5 days etc, this is highly irresponsible but some people still support this behaviour. It is baffling.  Anyway, on your next investment ask for better warranties that your are investing into something legitimate, investments shouldn’t rely on trust, as little as possible, even with people you meet in person, even more on the internet.

The fact that you are left here wondering about what happened and even now no one cares to give you a clear explanation, long time supporters having to come up with conspiracy theories because no one cares is just a shame.