Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - POS 2.0 - ZEROCOIN PROTOCOL
by
StacksOfDash
on 23/04/2017, 06:12:15 UTC
You guys can't seriously be thinking that this coin is hurting right now just because it had a 48 hour dip in price.  You need to look at the big picture:

-Got good press right off the bat with Coin Telegraph

-active dev with good reputation that puts in a lot of hours, and is fantastic with keeping the community in the loop with updates and answering questions

-solves a common criticism of Dash (the big dev premine) and improves on a currency techjnology that is gaining huge adoption.

-Has already ranked as high as #9 on CoinMarketcap.  That is incredible.

-Professional branding, good support, and quick bug fixes

-Go take a look at the Slack channel and Reddit. Reddit is highly active and Slack even more so, with HUNDREDS of new message every day.

-A LOT of the investors in this are investing in Masternodes and have 10000 coin tied up in every one of those, which mean the sell order books will be relatively thin most times.  And those with no masaternode are very active in staking.  And despite this it still maintains pretty good market volume.

-This polo mass delisting of 17 currencies is a huge win...look at the possible top crypto choices Polo could possibly add...you really don't thjink PIVX is in serious contention to be added when it is maintaining in or close to the Top 10 at coinmarketcap 99% of the time?  Come on, guys.  And that in-wallet Trex tyrading isn't going to stop Polo: money is money, and right now they are losing out on thousands of dollars every day.  Additional pressure will also be added as more rival exchanges add PIVX.

-As far as I am aware all of this has been achieved with very little marketing at this point.  Once we get these budget proposals and finances in order to do some serious work on this imagine what can be done.

-AND IMPORTANT!: don't forget: the price of BTC has been rising, so those graphs are somewhat deceiving, they would be going down even if the price stayed exactly the same.


Think of all the progress made in such a short amount of time guys.  I bought another 800ish PIVX today and felt amazingly confident about its future.  The huge price movement overall, the awesome large (and growing!) community, and rapid coin development, there are not many coins that have the momentum that PIVX does.  

I have been trading crypto since the days of BTC-e getting a measely 200k site volume.  I have seen a lot of coins come and go, lost money and made so much money at times I have had moments where I was literally in shock.  And I can see one thing: this coin has an even brighter future ahead of it.