i watch cloak last 2 hour, price no go anywhere.
some person buy 60-61K and sell 62-63K automaticly. thats it. you cant buy under 60K or you cant sell up 63K.
him sold maybe 40-50BTC or more this way.
but you wait here for price grow.
it's a not good for coin
Mintpal Manipulation Effect... like all altcoin who reached the hype statut ... it kill the coin, but whales don't care ... what can we do ?
It will down and down, sometimes some pump/dump look at drk, cinni, bc, vrc, xc and now, crypt/cloak. You can release the best alt ever, whales will kill it
You expect a coin's value to keep going up for ever? As more exchanges add a coin and volume increases, the value of a coin starts to stabilize. Dark dropped 2$ or so and its dumped? It went up 50X its value if it was dumped it would of been trading at around 1-2$.
Be patient...long term investors are the ones that make the real cash. Whales think their professional traders playing around with crypto currencies, in my opinion whales are all inside traders; cheats.
