If you like DASH, you just got to love PIVX!
I started with the premise that if DASH was good, then a PIVX sympathy play might be interesting, and I ended up saying that PIVX is an absolutely fantastic opportunity!
With a very similar masternode design, PIVX starts building in parallel fashion, but, instead of being a POW energy hog, PIVX is now exclusively a very energy efficient PoS 3.0. Wow! That’s a huge plus for PIVX, and it’s not the only one. Another advantage for PIVX is the planned Zerocoin protocol for PoS that’s in development and that will make truly private transactions possible on PIVX. The project is well conceived, exciting and moving forward rapidly thanks to a highly engaged dev team. What more could I ask for on a fundamental level?
Well, I could ask for a discount price on getting in. That’s a joke that turns out to be not so much of a joke. Guess what? As of today, PIVX is still extremely discount priced! While DASH, on the one hand, is trading at about a 1500% discount to its theoretical “fair value”, PIVX is trading at a whopping 70,000% discount! That means that the price of PIVX has the potential to increase by 700 times! That’s huge!
And the TA is beautiful too. After rising in value by more than 200 times in March and April of this year, and then seeing an almost 85% correction bringing us back to Super Discount territory again, PIVX has since seen a 1-2-3 trend reversal and now looks to be in an accumulation phase just under a very important horizontal price support/resistance level. The Fibonacci levels look very positive, and price is further supported by narrowing Bollinger Band support as well as rising 200dma support. On balance volume is basically positive, and money flow and trend-momentum indicators are positioned to confirm a significant higher low for PIVX.
To top things off, this is not a short term spec play - it’s a more conservative intermediate term position that my personal risk tolerance is much more comfortable with! PIVX is a great product with a very bright future that is being offered at bargain basement prices. It’s great, it’s cheap, and it still has a lot of room to run!
Needless to say, my conclusion was that PIVX is a must buy, and that’s just what I did.
And I think I’m going to love it!
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I have to agree, another thing to mention is pivX isn't listed on that many exchanges at all... Which is a good thing when you identify a coin early enough with some solid tech behind it, not only is it technically sound for the future. In value terms, when the inevitable happens, and it does get listed on more and more exchanges going forward, it simply shoots up in value each time it gets listed anywhere.
You are oh so right!