UPDATE: 1000% growth reached after 9 days. In case you havn't heard of PIVX: PIVX is basically a clone of Dash without the instamining scam.
It also has another approach regarding inflation, which might be better (there is a lot of discussion going on about inflation on coins in general).
I think it is a really good chance/reward investment right now for 2 simple reasons:
1) Branding: PIVX is a really shitty name. Dash has been re-branded twice already, which made it more appealing to non-tech investors. The shitty name of PIVX is holding back growth so there is upside potential.
2) Price: The price is rather low compared to other projects. It just had a minor correction. The price might fall a bit more, but there are other projects with way higher market caps which are basically dead. ( ethereum classic and doge are the best examples. Rip doge)
- I'm not saying that PIVX will overtake Dash. This probably won't happen. Fundamentals are not everything.
- On a fundamental side PIVX seems like a better version of Dash. This alone should allow PIVX to catch up with coins like Shadowcash, which has 4-5x the market cap. of PIVX right now.
- Once Dash crashes hard (and it will crash sometime in the future) people will realize that Dash is controlled by a handful of people. As there is a demand for cheap instant transactions with good usability, PIVX is the next best candidate to rise, especially when rebranded.
And yes, I'm holding PIVX myself right now. Obviously.
E:
Announcement:
https://bitcointalk.org/index.php?topic=1262920Website:
http://www.pivx.org/Price:
http://coinmarketcap.com/currencies/pivx/Hf
PIVX is a good coin, however I do not believe in its future! Difficult to compete with the community and other currencies better.