CloakCoin (CLOAK) $9.47 - Insane Bubble or Legit Coin?

in cryptocurrency •  7 years ago 

CloakCoin is up over $9.00 since the end of last month and joins the ranks for several coins that have seen insane gain in the thousands of percentile. Of course no matter if this is a truly insane bubble or a possibly legit happening we all once again missed the boat on the easy ride to being a rich bastard LMAO. Every time I see one of these heading upwards FOMO hits in... but I personally don't hit the invest button that often (I have a few times, have yet to hit the big one) Well I've guessed them right before but have put way too little into it to really be a success story. Anyway here's the raw data , whats your opinion?

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Market CapVolume (24h)Circulating Supply
$47,828,098
18,819 BTC
$846,244
332.97 BTC
5,050,827 CLOAK

CloakCoin Markets

#Source PairVolume (24h)Price USDVolume(%)Updated
1BittrexCLOAK/BTC$644,986$9.3576.22%Recently
2LivecoinCLOAK/BTC$178,203$9.8421.06%Recently
3LiteBit.euCLOAK/EUR$28,308$8.630.00%47 hours ago
4CryptopiaCLOAK/BTC$15,559$9.401.84%Recently
5MercatoxCLOAK/BTC$7,136$11.440.84%Recently
6YoBitCLOAK/BTC$266$10.240.03%Recently
7LivecoinCLOAK/USD$94$9.000.01%Recently
8CryptopiaCLOAK/DOGE$0$5.760.00%Recently
9Crypto DaoCLOAK/BTC?$00.00%Recently
10LivecoinCLOAK/EUR?$00.00%Recently
11CryptopiaCLOAK/UNO?$5.550.00%Recently
12CryptopiaCLOAK/LTC?.970.00Recently

Links

https://www.cloakcoin.com/
https://forum.cloakcoin.com
https://bitcointalk.org/index.php?topic=823143.0

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This post received a 2.3% upvote from @randowhale thanks to @blueorgy! For more information, click here!

The question I consider legit every time I think if the raise of a coin is a bubble or not is what is it's value. What does it bring different? Except of being new and people buying it for a rapid profit. I have to study this one now:)

Yeah, it does appear that this coin has some intrinsic value. I'm going to have a deeper look into it. :)

Thanks for the post blueorgy! I think it's a legit coin. With all the purposed government interference, sorry legislation coming and attacks on crypto, propaganda, and awareness happening at the same time, similar to an orgy I guess, this coins stealth has appeal. It will be interesting to see how they compete with monero. Following you and looking forward to more posts.
Peace and happiness from Vietnam!

Sounds like you know this coin quite well. You should get dirty and dive deeper into it, then write up a solid steemit post!

I just watched a crypto bit brothers video on it last week. I think it was about 2-3$ at the time. After summer camp is over I will try and do more in depth research posts, for now more Vietnam travel and food pics.

I'll look into this coin, i never heard of this coin haha, thanks for the share.

No Problem, yes take a deeper look.

I have been looking at it, since 30-40 cents lol, traded a bit, but sold all just as cheap...
Pump of the week, bubble 4 sure, but it might not fall as low as it was before as it often happens

Damn stings a bit more when you're right there at the beginning and take profit too early. This of course has happened to us all. Only way to ride a bubble like that is to be on vacation while it happens ;) or be extremely greedy, maybe both?

I'm a little mad because I got one cloak coin at around $5.50 later I sold it at $9 hoping to rebuy it at $6 but it hasn't gone down that far, and I don't think it will be anytime soon.

Hi Mr. I have not been upping almost no-one last few days because I must recharge SP over 90%. It went to 14% few days ago and can't use the slider atm. Will up you and everyone soon
Sorry about it.

  ·  7 years ago (edited)

Hey man, no need to apologize lol do what you you to do , no haters here. Mine was down to 10% , as we all know

Just felt guilty for not upping my regulars :-P

Nice article. I was about to start a similair discussion. Buy and hold for the upcoming 2 to 5 years and the market will find it's way. We really need more insights in the market and previous investment results. Besides coinmarketcap.com there is: https://www.coincheckup.com I'm really enthusiastic about this site, they let you analyze every single coin out there. For example: https://www.coincheckup.com/coins/CloakCoin#analysis To watch CloakCoin Analysis.

staking computer Cloak.png

Hey guys! Just wanted to share this. You can Earn while you Trade or Hodl at Btcpop.co!

If there are any lazy stakers out their Btcpop stakes deposits for you and gives you proportionate rewards

if it reaches this price , today on march it is less than $6, an excellent momment to buy, so this is an excellent coin

  ·  7 years ago Reveal Comment