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Why some merchants have dropped bitcoin

Like I said, lulz …

the Cloakcoin bubble has popped.

Update : It bounced right back, but it’s just another chance for another early adopter to cash out.

Update 2 : And that’s exactly what’s been happening. My opinion is this … if you’re buying Cloak now, you are the bagholder for a while. These upcoming innovations sound great (and perhaps they are), but it’s also the catalyst for early adopters to make their huge profits … now.  There are few hodlers in this game, there are a lot of profiteers. Be careful if you’re thinking about getting in now, you’re already too late IMHO.

Remember …

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