Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Trustor on May 17, 2017, 09:55:38 AM



Title: Pivx Halving
Post by: Trustor on May 17, 2017, 09:55:38 AM
Hi,

Does some of you know something about the PIVX halving(when it's happening) ?
It should increase it's value right ?


Title: Re: Pivx Halving
Post by: Red-Apple on May 17, 2017, 10:26:08 AM
according to their announcement topic[1] the PoW Block Reward is: [block# 2-151200] 250 PIV [block# 151201-259200] 50 PIV
and i believe it is over now, and they switched to PoS and now things are different:
PoS Phase 9: [blocks 604800-647999] 10 PIV (90% SEESAW ~ 10% BUDGET) (In-Progress)
this will be next: PoS Phase X: [blocks 648000-Infinite] 05 PIV (90% SEESAW ~ 10% BUDGET)

by the way last block mined was 646145 by the time of writing this.

[1] https://bitcointalk.org/index.php?topic=1262920.0


Title: Re: Pivx Halving
Post by: B1tUnl0ck3r on May 17, 2017, 10:34:23 AM
In less than 31 hours... or more or less 1846 minutes.


Title: Re: Pivx Halving
Post by: Ayers on May 17, 2017, 10:43:27 AM
Hi,

Does some of you know something about the PIVX halving(when it's happening) ?
It should increase it's value right ?

there is no point in waiting for the halving with a pure POS coin, the pow ended long time ago, there is no more halving, the price won't increase more than that, i think the value is very high at the moment, and now the investors are taking their profit, i would dump and wait to see what will be the bottom just my two cent


Title: Re: Pivx Halving
Post by: B1tUnl0ck3r on May 17, 2017, 11:04:12 AM
Hi,

Does some of you know something about the PIVX halving(when it's happening) ?
It should increase it's value right ?

there is no point in waiting for the halving with a pure POS coin, the pow ended long time ago, there is no more halving, the price won't increase more than that, i think the value is very high at the moment, and now the investors are taking their profit, i would dump and wait to see what will be the bottom just my two cent

LoL, he is speaking about the last and final POS halving... do some research before commenting ;).


Title: Re: Pivx Halving
Post by: Trustor on May 17, 2017, 11:10:30 AM
Can you develop further more B1tUnl0ck3r please ?


Title: Re: Pivx Halving
Post by: B1tUnl0ck3r on May 17, 2017, 12:29:11 PM
it's the op of pivx annoncement (link in my sig).

PoW Rewards Breakdown:
[Block 000002-043200] 20% MN (50 PIV) / 80% MINER (200 PIV)
[/i][Block 043201-151200] 20% MN (50 PIV) / 70% MINER (200 PIV) / 10% BUDGET (25 PIV)
[/i][Block 151201-259200] 45% MN (22.5 PIV) / 45% MINER (22.5 PIV) / 10% BUDGET (5 PIV)

PoS Rewards Breakdown:
PoS Phase 1: [blocks 259201-302399] 50 PIV (90% SEESAW ~ 10% BUDGET) (Complete)
PoS Phase 2: [blocks 302400-345599] 45 PIV (90% SEESAW ~ 10% BUDGET) (Complete)
PoS Phase 3: [blocks 345600-388799] 40 PIV (90% SEESAW ~ 10% BUDGET) (Complete)
PoS Phase 4: [blocks 388800-431999] 35 PIV (90% SEESAW ~ 10% BUDGET) (Complete)
PoS Phase 5: [blocks 432000-475199] 30 PIV (90% SEESAW ~ 10% BUDGET) (Complete)
PoS Phase 6: [blocks 475200-518399] 25 PIV (90% SEESAW ~ 10% BUDGET) (Complete)
PoS Phase 7: [blocks 518400-561599] 20 PIV (90% SEESAW ~ 10% BUDGET) (Complete)
PoS Phase 8: [blocks 561600-604799] 15 PIV (90% SEESAW ~ 10% BUDGET) (Complete)
PoS Phase 9: [blocks 604800-647999] 10 PIV (90% SEESAW ~ 10% BUDGET) (In-Progress)
PoS Phase X: [blocks 648000-Infinite] 05 PIV (90% SEESAW ~ 10% BUDGET)

He was saying that POS don't halve. It just wrong.


Title: Re: Pivx Halving
Post by: andylittleton on May 18, 2017, 05:41:03 PM
Pivx already gotten beaten pretty badly for a month with a baseball bat.  Half the value of it's all time highs.  Are you guys expecting bigger dumps ahead after reward halving and now the order books on bittrex shows more buyers than sellers now?  Master node count is at an all time high, masternode owners are holding these coins which account for near half the supply and they are not going to dump it after it lost half it's value..  They would have done so already last month when it hit $2

I recommend start picking these up at around $1.00-$1.15 .  Don't get too greedy on catching the best deal possible. The train will leave soon.