Testing time for Cloak

At end of my last Cloak post I reminded to buy the rumour sell the news. Well news was seemingly bad, or at least disappointing, theres been a big selloff based on the fact an anticipated code release has been delayed. Larger than anyting I expected unfortunatley, this sell off has in typical Cloak style […]

Cloakstrong

Cloak has burst up through a key level of resistance at about 0.0004, reaching above 0.0005 in fact. That 0.0004 level will hopefully now provide quite solid support for next phase of consolidation, I’d have thought. (Not trying to tempt fate again). For good measure Cloak is also up through a trend line extending downward […]

Cloakcoin

Although I have briefly mentioned Cloakcoin previously in my blog I feel it is high time for a more detailed post. At the start of July, I said “Cloak is another one which has caught my eye as potentially could be huge, unlike darkcoin and some others which use coinjoin transaction mixing technology, Cloak aims […]

Bitcoin marches on

The silk road coins have been auctioned, and all sold to one bidder. In the process bitcoin has been almost officially given a stamp of approval from US Marshals as fungible units of exchange. Looks like the market approved of this result with prices shooting up towards $650. Heres bitstamp with 4 hour candles. The […]