What Is PIVX? Should You Buy?
NEO's recent boom led me to research more Proof Of Stake coins that offer rewards for holding the token in your wallet. PIVX is a P2P digital cash platform that fits the profile.
PIVX promises privacy and rewards for staking the coin. PIVX masternodes can be set up with 10,000 coins and earn more rewards than staking the coin alone. Check out the PIVX rewards calculator to find more about the projected earnings.
The PIVX community on Slack appears to have frequent activity and the the PIVX website is attractive and easy to use.
What do think about PIVX? Should you buy leave a comment below.
Join Genesis. Start mining Bitcoin
Get a 3% discount. Use promo code zM3Ejh
https://www.genesis-mining.com/a/836035
Join Cryptotrader. Buy trading bots from programmers
https://cryptotrader.org/?r=1064
Join Mercatox . Great exchange for ERC20 Tokens
https://mercatox.com/?referrer=17710
Get 25% off Cryptopay. The best Bitcoin debit card
https://cryptopay.me/join/6eb8b3f2
Follow
https://steemit.com/@champagnecrypto
*This is is not investment advice. Dealing with crypto involves a risk of loss. Please buy, trade, or invest, at your own risk.
If you hold pivx in a exchange do you still get the rewards or do they have to be in a wallet, cheers mate
You get them only if the wallet is staking. So your answer is no dude.
Ok cheers for your reply mate
Staking is very easy. Just send them to your wallet, click on the "unlock wallet" button, enter your password and voilà. You're earning passive income. :)
My greatest regret is not buying PIVX was below $1
My greatest regret is not buying antshares when it was under $1
Haha :D
I was watching and learning about PIVX a couple of months ago. I wish I had bought some then.
I think it's still very cheap. It can grow explosively again once they implement zero knowledge proof. :)
never to late ;-)
I bought some PIVX, thanks! :)
I did the same. :)
Great post
I got PIVX mid july and i am staking since. its very easy to set up and you earn between 5 and 30% per year.
here is a Guide on how to set up an Raspberry Pi for staking. and in my first steemit post is a guide on how to update your wallet to the new version.
NICE! I just started staking one month ago, and am very happy with the earnings. It looks like I'm earning around 8%/year if my staking earnings continues like this.
From my understanding, PIVX is a fork of DASH and it is different in that PIVX and 100% proof of stake while DASH is only 50% proof of stake. @boxmining had a good post about it here: https://steemit.com/cryptocurrency/@boxmining/pivx-vs-dash-summary
This gives a very good comparison between the two:
Good points in this article. Same thoughts here. 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 Supposingly they researched every crypto coin in the scene based on: the team, the product, advisors, community, the business and the business model. They even score the coins stengths. For example: https://www.coincheckup.com/coins/PIVX#analysis To watch PIVX Investment research report.
If you are staking this coin you should do it through a pool. Receiving stakes by staking through your wallet takes way to long, with the pool you get multiple (small ones) a day. Because of this the total amount you will receive in a year is around 5 times as much. You also don't have to leave your computer running continuously. You can find more information about the POS staking pool here: https://stakeunited.com/pos