The CryptoSpace over this year has been growing at an exponentially rate and with all the diferent coins that are available it can get confusing sometimes as to what coins are best and what they have to offer. When CLOAK came into the crypto world in the summer of 2014, at a time when coins were being pumped out as fast as ICO's are today, it was just another coin. For years CLOAK was under the radar, while the developers were working their ass off making it perfect. When CLOAK was released it was trading at $0.17 (seventeen cents) and for a brief period after its release it hit about $1.50. Since then CLOAK was practically dead trading at pennies for years, until 2017. In January of 2017 CLOAK began to rise again when the world started waking up up to the true value of Crytpocurrencies. After that once people began to realize that Bitcoin, Litecoin, Ethereum, and all the other major Cryptos were not truly anonymous and their transactions can be traced, people began to look into more anonymous ways of transacting. Since January the price of CLOAK has risen significantly along with some of the other coins that offer similar advantages. The price of CLOAK now on September 11th 2017 is hovering around $9 (nine dollars), thats about 100 times the value it was at a year ago. 100 X
CLOAK is the only Crytpourrency that is 100% truly anonymous, and other coins that claim to be truly anonymous really are not and they can be traced, it may be harder and take a long time but they can be traced. CLOAK is the only coin that mixes transactions offline using Enigma, keyword here OFFLINE. No other coin do that and their anonymous features are all done on the blockchain therefore leaving the possibility of tracking. It is impossible to track CLOAK. As governments around the world really start to lose control of their worthless FIAT currency (paper currency)it means they lose power over the people, and they are very scared of this. When this transition is at its peak the governments are going to really start cracking down and jailing people who deal in crytpocurrencies to try and regain control. At that time, when doors are being kicked in and their shooting your dog, 99.999% anonymity is not good enough.
There is only about 5 million coins in circulation at this time and on exchanges that offer CLOAK such as BITTREX, CRYPTOPIA, LIVECOIN and a few others you will find that buying larger amounts of cloak like 1, 2, 10 bitcoin worth is harder than it sounds. There really isn't that many for sale because people are buying and holding. CLOAK also offer 6% APR just for keeping the coins in your desktop wallet.
Clif HIgh also mentioned in one of his interviews with Greg Hunter about 3 months ago that he knows for a fact that CLOAK is working with some very large companies and organizations at this time, and they are probably waiting for it to go open source before using it. CLOAK is going open source in about 2 weeks which will allow the community to view the code and workout any bugs that may be in the code. Pretty much all the bugs have been worked out over the years so thee wont be many found if any. Once CLOAK goes open source and the community either points out any flaws or approve, the price of CLOAK will soar and will gain mass adoption, by people, corporations, and governments. Get on the train before everyone else does and the door closes on you!
My prediction from the research I have done is as follows:
December 2017 $25-$45 each
February 2018 $100-$140 each
December 2018 $300-$500 each
If you want to learn more about CLOAK and their team you can visit their website https://www.cloakcoin.com/en/ .
I am a professional investor and these are solely my opinions, not trading advice. I did the research and decided to invest in CLOAK but this is no means investment advice and you should do your own research, and come up with your own conclusions, and invest accordingly.
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