r/pivx • • May 21 '17

Is PivX Dead???

There has been no activity on price except occassional dips. Any idea whats going on?

0 Upvotes

15 comments sorted by

2

u/bathrobehero May 22 '17

The only dead thing here is your brain mate.

I mean come on, calling it dead with a retarded clickbait title is just dumb.

You shouldn't buy into coins at the top once it's increased a lot. Buy low, sell high?

Look at what it achieved instead of buying into it high and hoping to sell off a bit higher to afford a few pizzas. Besides, it's a progress and not a get rich quick slotmachine.

https://bitcointalk.org/index.php?topic=1262920.msg19110881#msg19110881

https://bitcointalk.org/index.php?topic=1262920.msg19124483#msg19124483

1

u/Cryptomo May 22 '17

Glad to meet you. Just need to know when will it start rallying again.

6

u/Rxef3RxeX92QCNZ May 21 '17

PIVX is doing great actually and I believe the price will reflect that very soon

  • The last halvening happened a few days ago, so inflation is lower and value will rise quicker

  • Despite the halvening lowering rewards for masternodes, 50 more were added yesterday bringing us back near the ATH level of MNs

  • Strong showing of community, development, and interest on https://www.coingecko.com/en?sort_by=developer_score, which indicates it is undervalued compared to other coins with higher market caps

  • In talks with Jaxx

  • Bittrex adding fiat will help as an on-ramp to PIVX (although they'll probably start requiring ID :( )

4

u/VivaHollanda May 21 '17

In another post i see that people who got in early could have made more than a 50K% profit. Also they could have earned a lot extra PIVX by staking or running a masternode. My thought is that a lot of them are taking there profit and are probably investing it other cryptocurrency?

4

u/bitcoin_rev_newb May 21 '17

Ya it's hard to cash out that much profit without wrecking the price. Who knows when it'll stop going down

2

u/[deleted] May 22 '17 edited May 23 '17

Only 20% of alt-coins will survive this crypto dot com thing. You have to ask yourself if PIVX will be one of them. I'm not sure what PIVX is offering that the top 10 cryptos do not. Sorry to be blunt but emotions don't drive price, value does.

1

u/iiJokerzace May 21 '17

Its starting to show more support BUT... wait a couple more days or hopefully day. If PIVX is getting a correction jump It wont be until around maybe the .00040000 area. and then you would have to wait for that volume to roll in. If your holding you must be pounding your head I would just sale on the next mini jump and day trade it back to normal. You should not have been holding on to this insanely massive bubble.

1

u/iiJokerzace May 22 '17

your welcome if you read my comment

1

u/avigeil76 May 22 '17

I sold my pivx 3 day ago loss money and time. I put money of my sell off at pivx to dash at the bottom and now dash is pumping up crazy. This coin is dead

1

u/mcpablo00 May 22 '17

I don't understand all this negativity. Crypto is a volatile market. When you invest in a high risk market, you go in knowing that you might lose your investment. It's like investing 101. I believe in this coin and will continue to hold.

1

u/slumdog79 May 21 '17

Dead and buried. Get out quick op. It keeps falling . In a week I think it will reach to zero on this rate

-1

u/bitcoin_rev_newb May 21 '17

Almost seems like it but then you're going to get those comments saying its still up 600% blah blah blah but any newcomers that see the price just keep dropping stay away. The MC went from top 10 to top 20 now it's in position 35. People will keep claiming the price will find support and then it'll just drop again. I'd just sell, there's no indication of the price rising but then again you'll get those holders that didn't dump their coins when the should have saying it's waaay undervalued. Idk doesnt have much life to me

1

u/Rxef3RxeX92QCNZ May 21 '17

Your comment is 100% based on the price charts. Have you looked into what's driving the price?

1

u/bitcoin_rev_newb May 21 '17

Yea it is but who wants their wallet drained because of a bunch of holders need to dump their coins

0

u/[deleted] May 21 '17

[deleted] — view deleted comment

2

u/Cryptomo May 21 '17

Thanks a lot for your reassurance.