Cloak Coin

SilverSale

SilverSale

Well-Known Member
Silver Stacker
Next big thing?

Taken a small punt on Cloak Coin - it's trading at next to nothing compared to Bitcoin.
The code for it has been fully re-written & audited, and appears to be the only truly anonymous crypto out there. A month ago it was announced it was going Open Source
Clif High announced in an interview a couple days ago that he was a fan of it.

I still believe Bitcoin will most likely double or more (in the short term) from current levels, and ultimately drag some of these alt's with it. I've only invested money I'd be prepared to lose.
 
The price has increased to $3.60 at the time of my writing, so I think most would have missed buying or loading it up prior to the pump.
 
Hard to tell with these alt coins to be honest. I mean, the way you'll make a lot of money is picking the right one, but that's like picking the correct horse in a race of 200.

Keen to see how this one goes though.
 
For anyone not into charts, this is quite a bullish setup - most likely see a bounce from here :)
I'd consider this a buying opportunity..

setup.png
 
I couldn't help myself and grabbed a little more today too!

Fingers crossed we get rewarded... I suspect this will be a medium to long term play for me.
 
Cloak going on a small run north today - chart looking even better than yesterday :)
 
camylopez said:
300% in a couple of days, and people are serious about calling these an investment.
gambling is more like it
Click to expand...

That is the whole point of it, If you can trade in and out of these and make 25-50-100 % in a 24 hour period why wouldn't you ?
If you can turn $1000 into $ 5-7,000 or more in a week while you drink coffee and watch some charts and click a few buttons where's the problem exactly ?

Yes only put in what you are willing to lose etc etc but Sheet, Make Hay while the sun shines is the old saying. OOooop's lLisk is about to make me another $1400 for the third time this week alone as I type Gotta go :)
 
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STC said:
I'm using Bittrex. This coin swings so be careful.
Click to expand...

Thanks, I have an account there but have not used them yet due to the low volume on most alt's, or so it seems.

The swings are what I have been trading recently, Buy Low sell high as they say.

Been a bit like taking candy from baby's over the last week on the high volume trading coins, set a buy at recent low and wait for it to get filled as it always does, set sell at recent high and go to bed.... Wake up to 50-100% return ... convert profit to Ethereum, then Rinse and repeat.

Some of the easiest money I have ever made.
 
Geeze, their trading platform is a bit clunky huh ? ... Do you know what their deposit/withdrawal limits are ? had a quick look but can't seem to nail them down.
Just sent a small amount of BTC to see how transactions go compared to others.... still waiting.
 
My transfer have been very quick. I think withdrawal is 2 or 3 Btc per day.
 
Just checked them out and for me they are sorely lacking compared to others, ,01 of a deposit took forever and confirming a balance, finding a trading page and sorting a bid takes some Zen like skills for me at least. I do like their limits on withdrawals etc but so counter intuitive that it is not worth the hassles.
 
Hi southern, I use livecoin.net for trading CLOAK.

Can't say how it compares to bittrex, but I've never had an issue with it - always fast!
 
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