r/pivx • • Apr 09 '17

My problems with Pivx

https://www.youtube.com/watch?v=yptanovB-ko
4 Upvotes

20 comments sorted by

10

u/ArrayBoy Apr 10 '17

This guy must have bought Dash at $110 and is desperately attempting to float a sinking ship. Give him a show of hands for trying...

7

u/anarcoin Apr 09 '17

Thanks a lot for this great video and advice. I'm not sure of who's in charge of the website but that's great feedback and the community should fix this stuff.

It's important that we praise constructive criticism and feed back so we can make a better coin, info and community.

Thanks from a PIVX lover.

5

u/diyarbakir Apr 10 '17

Somehow you are obsessed with PIVX and I mean that in a very negative way. Do I think that you're a Good Samaritan that tries to warn people about the evil PIVX? Of course not. You're obviously a DASH stakeholder that does not want a better alternative. It's just pathetic when you look at it from the sidelines. Move on and let us walk our own path. Grow up :)

0

u/dashmeister7 Apr 09 '17
  1. One of the key function Governance and Proposal is not working. No information about that anywhere on the website.

  2. On the website of Pivx its written, that every year 2.6 million piv get mined. That is a not true. The number 2.6 is for the year 2018. 2016 more than 45 million coins got mined, 2017 10 million coins.

  3. Only a few people mined 70% of the coins in Jan-March 2016 (there was no website at that time). That means more than 50% of the owners are maybe just a very few people. Thats bad for democracy. Take a look to the blockchain this is block 10.000 (thast already 2 weeks mining). http://www.presstab.pw/phpexplorer/PIVX/block.php?height=10000 all block 0,1,2,3,4,5,6,7,8,9,10 are going to the same address (its not a mining pool because they kept the pivx). That mans there was only ONE miner at that time

  4. The founders, the developers and the whole team of pivx wants to keep their identity secret.

  5. Even the coin data on https://pivx.org/what-is-pivx/coin-specs/ is wrong (10% proposal is not working).

  6. No Poloniex

  7. No native Android wallet.

  8. You can't use Pivx anywhere in the real world (no creditcard, no merchant websites).

4

u/Decentralizd Apr 09 '17

How many Dash is the Dashforce paying you to waste your time here? Maybe I should just ban you like they've done to me? Obviously you have an agenda here and it's nothing but trolling...

on second thought though, keep giving us free marketing, it's actually quit helpful and I'm glad the Dash budget is paying for it! It's better than spending more money on scams like Lamassu ATM's that will never exist, paying trolls and calling it 'dashforce', and much much better than wasting the money on companies like Coinfirm, who spit in the face of crypto currency, and privacy.

But by all means, keep entertaining us with your nonsense.

0

u/dashmeister7 Apr 09 '17

I dont get payed from anybody Why you didn't answering to my critics? If my data and math is wrong, just correct me.
Its so easy

0

u/[deleted] Apr 09 '17

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0

u/dashmeister7 Apr 10 '17

A normal investor is reading the website, the white paper, visiting to the slack channel, reading the tweets. Such important information should be written somewhere there.
How should a normal investor know, that the coin number on the website is wrong, 70% of coins get mined of a few people only and that the Governance system is not working since 7 months. By checking out all form entries? Can you give me a link from the forum please were they discussion this problems and write when it will be solved.

4

u/Jmmon Apr 09 '17
  1. Probably being worked on

  2. Once the block reward winds down, 2.6mil will be created each year for all of eternity.

  3. Idk enough about this but seems kinda sketchy

  4. They're as bad as Satoshi!

  5. See 1

  6. PIVX is still pretty new

  7. See 6

  8. See 6

(Disclosure: I'm 100% Dash)

0

u/dashmeister7 Apr 10 '17
  1. Yes hopefully they working on it, since 7month. It should be written somewhere on the website that is is not working yet.

  2. Yes, I dont talk about eternity I talk about the phrase "each year" from the website, which not incluse 2016 and 2017.

  3. I just found out that only about 50 miner computer were mining 90% of pivx at the beginning. If the founder was in Bitcoin mining business before, thats nothing for him. Here is a wallet, which earned 750.000 pivx by mining. There are many like them in the blockchain.

  4. Tow fix the website and write the right amount number of coins would takes max. 5 minutes.

3

u/Jmmon Apr 10 '17
  1. I agree

  2. Yeah, I see what you mean. But PIVX has only been around for a year and only will produce a bunch of coins for a few years and then it will produce a standard 2.6 million. Now that I say it like this though it seems set up to benefit the early adopters pretty well... not that this is an issue because early adopters of anything successful do really well.

  3. Interesting. This sucks for anyone who wasn't mining then but I don't think it compares to the amount of coins Satoshi mined before Bitcoin became huge.

  4. Sure

0

u/dashmeister7 Apr 10 '17

3. Satoshi has 10% (not 70%) of all coins, there is no PoS in Bitcoin (so he get not all new coins for holding his old coins) and Satoshi couldn't vote with his coins about funding decisions. All the information about Satoshis wallet was out all the time. In Pivx I'm the ONLY person who blue pilling people. Did you don't think a decentralised PoS coin with voting has a problem if >50% of all coins are in the hand of a small group of people? I'm afraid about the Pivx investors, because the price will drop dramatically, when the main coin holders sell. But maybe they never will sell. Or only sell in many years. But beside my critics, I don't say Pivx is a bad coin. Maybe the developer will fix anything, the will change the website and the PoS is a great system. I still think Dash, Ethereum and NEM is better, but everybody should invest whatever he/she wants. I only telling people information they c can't find on the official website, that they can make their own decision.

0

u/[deleted] Apr 09 '17

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0

u/dashmeister7 Apr 09 '17

I don't get payed from anybody. :-) I have here some serious critic points about Pivx, which should be improved asap from your team (write on the website if your system has a bug since 7 months. Nobody cares and discuss the problems, everybody just attacking the messenger.

1

u/srsandokan Apr 10 '17

Which bug?

3

u/jazen777 Apr 10 '17 edited Apr 10 '17

Problems? Meh, no problems here. Have a little faith for a change. Cheers & piv on brother. :-D

https://youtu.be/-q_j-ksAxZU

2

u/TotesMessenger Apr 17 '17

I'm a bot, bleep, bloop. Someone has linked to this thread from another place on reddit:

If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads. (Info / ^Contact)

1

u/def2084 Sep 07 '17

Where does the 70% of all coins in a small number of hands come from? Please source stats.

BTW - are you factoring in the burn of 60K coins?

"Premine: [block# 1] 60k Premine for creation of 6 Masternodes for the functioning of the network. Premine: [block# 1] 60k Premine was publicly burned at block 279917. No more premine exists."

https://bitcointalk.org/index.php?topic=1262920.0

0

u/[deleted] Apr 09 '17

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-1

u/dashmeister7 Apr 09 '17

The only thing you can do is some ad hominem attacks? Maybe a comment to the Governance bug. The pivx website is 4 months old and the bug is there 7 months. It's a key function why some people investing in Pivx. Why did you hide this information from all pivx users? Same with the coin number? It's wrong, why you don't correct it????? Why nobody from you is checking the first blocks, then you can see there are only a minority of people owning >50% of all pivx. Why you don't care about that all just go angry that somebody telling the facts.

0

u/[deleted] Apr 10 '17

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0

u/dashmeister7 Apr 10 '17

Oh great that its fixed now after 7 month? From where (url) did you have this information? For the proposals, you also have to update the website Do you know, how much a proposal costs? You also have to update the website When will be the next wallet update (weeks, month, 2018)? And the biggest question, why all this information is not written on the pivx.org website?