PIVX is about to Break out! (UPDATE)
Just a quick update on PIVX:
Massive volume accumulation of PIVX/ buy wall, expect some big moves very soon.
Looking very promising for PIVX within the next few days.
The darkhorse Alt-Coin Currency is ready to make a big move soon!
It has tested the 0.98 USD - 1.02 USD baseline for more than a month now and is consolidating @ $1.20 today.
If it breaks down the $1.0 price range, PIVX might go down further in price, to test the previous baseline of $0.22.
Or better yet, it might move higher and make a move towards the $1.6-$1.8 price range.
This is more likely as PIVX just announced a few days ago to redistribute the voting power to the PIVX community, winning by a landslide vote.
In order to distribute voting power and extended participation in the decision making process of Private Instant Verified Transaction (PIVX) a Community Designed Governance proposal was submitted to Masternode owners (MNOs) to give up their exclusive voting rights, extending it to all PIVX owners which included simple agreement:
“PIVX will work towards a ‘Community Designed Governance’ system that changes the distribution of votes, to include the entire PIVX community.” expected to be added to the governance page of the digital currency.
This proposal has received approval from Masternode owners, passing with an unprecedented 1288/0 in a “Yes/No” vote which represents 62% of Masternode Owners. After this massive approval more proposals will have to be submitted detailing every feature and specification of the Community Designed Governance model.
At this point, it might be a good idea to snag some cheap PIVX at this price.
What do you think?
Is PIVX highly undervalued as I think it is?
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I think it is. It has great features! It can be used as an anonymous coin, but you don't have to. It has an option to send super fast, but you don't have to. It has a great community, and you can talk with the developers in the slack channel in person. + It has a nice logo! ;-)
Thanks for the reply, just followed as well. I agree, it has very good features and functionality. The only missing key ingredient is the community that will actively use it as a currency.
True, but with things like coinpayments who support alot of coins, pivx aswel, I think it could change sooner then later!
I'm just waiting for PIVX to be listed on one of the major exchanges. After that strap your seatbelts cause it's going to the moon
Very good post. I was about to start a similair discussion. The decision to buy a coin should be based on real analysis of the coin. I found that people keep buying coins without have any knowledge of them. This is considered high risk. Besides coinmarketcap.com there is: https://www.coincheckup.com. I'm really enthusiastic about this site, they let you analyze every single coin out there. Check: https://www.coincheckup.com/coins/PIVX#analysis To check PIVX Indepth analysis.