I am new here. Are most people here just pumping to try to get a profit, or are you guys really excited about this coin? I see a neat feature in anonymity and built in trading, but haven't all PoS coins done poorly up to this point? Why do you guys think this coin will really take off?
Can you see merchants accepting something called "cloakcoin", and for wide acceptance, isn't anonymity a hindrance? Isn't it sometimes useful to trace a transaction to verify it, and so forth? Will this coin be relegated to undergound dealings?
Anyway, maybe what I am asking is old hat, not sure. I am new to altcoins, been only a BTC guy.
Merchants don't need to accept it. It will have its own market built-in. I'm in it because I think the technology the coin claims warrants a higher price. But I probably won't use it for its intended purpose.