Considering Polo added way shittier coins, I'd be surprised if they wouldn't add it.
Any news on that?
PIVX is a Dash clone (with the illusion that Dash was ever PoW, exchanged for the reality that blocked funded masternodes are a PoS scheme) with a claim to a more honest launch. Same old crappy masternode and broken InstantX technology, but for some reason our ecosystem seems to believe in that shit "governance". They have some hype about they will improve the anonymity tech, but probably a false promise. I think many people just want to see it succeed so Dash fails. Any way, I can't buy it because I don't have a verified Bittrex account (I only trade of Poloniex) and I don't want the hassle (not for the small amount I am trading and also I need to work on my project not mess around with many trading accounts).
I made 372k$ from this today alone. Feels like winning the jackpot in casino.
Did you cash out $372,000 in BTC or fiat? Until you do, it is not a realized gain. Is there enough liquidity to cash out.
@thejaytiesto, just when you get jealous and bite, that will be altcoin that goes to 0 and you lose it all. IMO, you can only invest in your convictions. If you believed in a Dash-clone, then you invest. There are apparently professional groups that get together and pump coins. Perhaps @JudgeDredd_ is one of them. Why else would he have invested so much in such a risky altcoin.
I didn't invest in either Dash nor PIVX, because for me the masternode concept is a very flawed technology.
I don't have good advice for how to play in the speculation area. It feels and looks like rolling dice or getting involved in collusion. If our efforts and energies will be expended on those activities, then altcoins will never accomplish anything important.
Actually I'm buying this out of spite for dash and their continual mantra of "No one cares about the instamine." And yes, the staking system will likely create equivalent centralization over time, but I can wait and will move on when that day comes. Until then, it feels real good to put dash's clique of masternode operators into a prisoner's dilemma with each slot PIVX rises on coinmarketcap.com
They have something they call "seesaw" which adjusts the rewards between MN's and those just staking to stop some centralisation issues with Dash IIRC.
I think there are some other nuances but can't recall ATM
Hope you don't mind but I am going to be a little be sarcastic just for making a point. I actually appreciate you sharing the information.
So they blabbered some technobabble BS lies to make everyone think that theirs was different and improved. Yet in reality it is same old worthless shit that isn't going to be used by anybody.
I'm not actually interested in going and figuring out why it is lies, but suffice it to say I've studied so many shitcoins that I can assure you with 98.62345678% certainty that it is BS.
How close it PIVX to implementing zero knowledge protocol? Many have tried.
but they got lucky in that the whales chose them
Or they might have good product (I dont know)...
Or "reasons".
Betcha there are "reasons".
Any way congrats to everyone who earned an arm and a leg on this*. Fire up the barbecue (before the proceeds stink up the place).
* I don't know whose arm and leg, since apparently nobody loses money any more.
