You can see that PIVX has a tremendous tremendous trading volume for something that has been "quiet" in terms of buzz. This makes me to believe that speculators are just dumping their PIVX for other alt coins trying to catch the tail end of their rallies, while whales and other smart investors are getting PIVX on a discounted price.
Well, this whole market is fueled by buzz really. It's the best way to predict a price increase other than technical analysis. Is there any news on the horizon? Why would PIVX be more viable that others at this point?
I agree. And in some aspects, it is actually an improved version of DASH with a lot less buzz (for now).
Any idea why it still continues to plummet? Is there anything fundamental that would drive this?
My personal opinion is the incredible buzz about other alt-coins jumping 100% every single day that is causing it.
Checking this chart with the volume:
https://www.coinigy.com/s/i/59233837/
You can see that PIVX has a tremendous tremendous trading volume for something that has been "quiet" in terms of buzz. This makes me to believe that speculators are just dumping their PIVX for other alt coins trying to catch the tail end of their rallies, while whales and other smart investors are getting PIVX on a discounted price.
Well, this whole market is fueled by buzz really. It's the best way to predict a price increase other than technical analysis. Is there any news on the horizon? Why would PIVX be more viable that others at this point?