PIVX? PIVX. PIVX!

in #pivx8 years ago

I first posted about pivx a day or so ago...

at that time it went for about 30 to 40 cents. At the time of my writing this, its doing quite well just above above 70 cents. With a growing market cap near 40 million.


In a single day alone we've seen some fluctuation for the positive in pivx. (let alone this whole past week)

Only question I have though.. Is why?

I know many would rather just enjoy the ride but I'd like to know the mechanics behind it all.

I think its safe to say money is definitely shifting in crypto right now. We're seeing the trend of up and coming alt coins really explode over the past few months. Where bitcoin was once the unquestionable king, it's clear to see that crypto in general is growing extremely fast in popularity and even out of necessity in some parts of the world. So I imagine with the current waves going on with bitcoin right now, people are looking into new options with crypto.

Could it be recent talk about DASH being a scam?

I don't know where the topic first came up but Ive been seeing it pop up more and more. PIVX being based off DASH maybe some see it as an alternative or even a way to hedge that bet? ( I have nothing against DASH, in fact I use genesis to mine for DASH)

PIVX is already POS

Maybe since its already proof of stake people want to get in while its relatively easy financially. The ability to generate additional coin while simply maintaining a wallet is a very attractive offer to a lot of people. Let alone lessening the impact on the environment (and your electricity bills if you run miners)

Possibly the touted importance of users anonymity by PIVX

This is nothing new with crypto, but it never hurts to let people know its a focus of the dev team!

One thing is for sure, crypto currency isn't at risk of getting dull anytime soon!

If you enjoyed this article give me a follow. Ill be exploring and expanding upon many subjects, PIVX will only be one of them! Id also appreciate any feedback or suggestions as well!

Sort:  

Yeah Pivx is cool! Anyways I made a post on this, https://steemit.com/cryptocurrency/@jeremylqe/dash-vs-pivx-clash-of-the-masternode-based-altcoins, would love to hear your comments on my analysis !

I don't mean to be promoting my post or anything, but I figured a link would be the easiest way for you to find it!

dont even worry about it my dude, more attention about this coin is a good thing. We gotta support one another here so again, no worries! Thanks for checking mine out!

I like this coin and own it. Thanks for the post.

Some of your graphics a little lame.

I agree with you about wondering why a coin makes a major move. I understand that it's a combination of things - trends, social buzz, price attractiveness, whitepaper being a few things.

Thanks for the feedback, I also hold a small amount just to see where it goes. Not enough to stake thats for sure haha. Noted on the graphics (I kinda rushed this one, once I saw the price) This coin definitely has some buzz about it here on steemit. Cant complain about the price either. Hopefully it leads to some more interesting developments! I am a bit curious as to how you heard about pivx?

nice post @adriansaninja

Thanks very much! Much more to come :)

Great post! I got into PIVX just a few days ago (perfect timing!) and now my little investment is looking really nice. I did a post about PIVX just yesterday and am enjoying the staking side of it also.

For me, it's about the manifesto and what I've seen of the team so far in their Slack channel. Seems like a solid group who really cares about building a world-class cryptocurrency. I hope it sticks around for the long haul. It will be really interesting to see how the community responds if and when the price comes back down.

Same here, on a whim of sorts, just on sunday I decided to pick some up. I think a lot of people who are getting into pivx understand the "HODL" and wait game ups and downs come with the territory but interesting to see what will happen nonetheless. Just read your article and left a comment, great stuff! Thanks for checking it out!

Very good post. Really appreciate you bring this to our attention. The crypto space brings the biggest group of uneducated investors with it. This group will only grow. We do need to look better at the insights of every coin. What team is behind it, is there any management. How strong is the product, is there any product at all? I really advice people to take a look at: https://www.coincheckup.com Every single coin can be analysed here based on: the team, the product, advisors, community, the business and the business model and much more. For example: https://www.coincheckup.com/coins/PIVX#analysis For the PIVX Indepth analysis.