PIVX - will complete some significant technological milestones / bullish outlook for the coming months ahead!!!

Hi Steemers,

today I would like to take a look at one of the most technological advanced privacy coins - PIVX.

PIVX has launched on 02/01/2016 as the former Darknet (DNET). The community and many of its developers decided to do their own coin, focused on more privacy, and that is now called PIVX. It is based on the Bitcoin 0.13.2 core code and also has a lot of features from the Dash code like Masternodes, Private Instant Transactions and it also works with the Proof-of-stake algorithms (POS) instead of Proof-of-Work (POW).

To develop the further technological advancement of the code the PIVX ecosystem has its own Development fund which gets its resources as a share of the staking protocol. You can read more about the coin details on there Homepage PIVX

So, here is why I'm so positive about the coming months for PIVX.
The PIVX Roadmap is packed with a lot of useful and very new and unique features Roadmap

1. The imminent release of the Wallet 3.1.0 with great new features.

• PIVX will introduce there new Wallet 3.1.0 with a complete new User-Interface and new implementations. The first new feature will be the upgrade of zPiv coins to be implemented in the Proof-of-Stake algorithm. That means users will be able to earn/stake their zPiv privately in the wallet with no traceability of the transactions. That is the first time in blockchain history that a privacy coin will be staked completely in privacy. This is a huge advantage compared to other privacy coins like DASH, which is using both methods POW and POS, or compare to Zcash that only uses POW.
  Explanaition about zPiv staking and rewards

• The new zPiv staking method comes with its own seed and wallet backup recovery service. So the user will be able to separate their regular non-anonymous PIV from the anonymous zPiv.

• Users who will stake zPiv will earn 50% more rewards than before with regular Piv staking.
  The overall ROI in zPiv staking should be around 7% per Year.

• PIVX will have a proposal-tab build into the wallet. Where in the past only masternode holders had the ability to vote on proposals for the future development of PIVX. Now everybody will be able to vote on proposals according to their staking weight of how many PIVX coins the user holds.

• PIVX Masternodes will be fully compatible with the hardware wallets of Nano ledger and staking will be also supported.

1. The second important update happens at the end of Q2 2018.

• PIVX will be the first coin that will have their own anonymous peer-to-peer decentralized exchange build into the wallet. Users will be able to trade or convert there zPiv holdings into Bitcoin and possible other coins in the future as well. This is going to be a huge game changer for everybody who wants to trade his holdings on a decentralized exchange anonymously. When the launch of the DEX happens than we could see a lot of liquidity flowing into PIVX because of this new unique privacy feature.

PIVX Chart - 1 Day Candlestick
(Zoom-In -> you can hold "ctrl" and move the mouse wheel)

What insight can we draw from this chart?

• We can see a good support level at around 3.50$, the first resistance level (A) is around 6$ and than the second resistance level (B) around 7.50$.

• If we look at the projected timeline for the target level (C) 14$ this would be in perfect harmony with the release of the anonymous DEX till end of June 2018. While the price level is pure speculation the chart constellation could make it possible to unfold a 3x profit in the upcoming 3-4 months.

• Right now PIVX price at around 4.40$ and the marketcap is 245mio.$ Ranking 62.

• If PIVX breaks the resistance around 8$ we could probably see a bullish run up to 14$. The marketcap would be around 730mio.$ at that time. I think this is not so far-fetched for these kind of great technological improvements that PIVX holds.

Conclusion:
In my opinion PIVX has some very great technological developments coming up in the next 3-4 months. If the developers can hold their promises and the new services are working reliable than PIVX could become one of the great privacy coins like Monero, DASH, Zcash and Verge.

So what do you think about PIVX and its upcoming Updates?

I look forward to your comments, ideas and questions.

Until then, all the best,

your @masterthematrix

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