STEEM VS PIVX - Why you should invest in PIVX

in #steem6 years ago (edited)

You will be shocked by the results
Another special coin that aroused my interest and attention on Friday, when all the digital coins collapsed while they were still coming up

I Always looking for Cryptocurrencies have a big future.

PIVX is new Bitcoin

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in 14 Jan , PIVX that coin reached $12. This is compared to the same month.

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Also amazing is a REWARD SYSTEM
or returns just to keep a some PIVX in your Wallet Like 10-10000 PIVX

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How Much PIV is Created, and How is it Distributed?
Every 60 seconds, 5 PIV are created (Also sometimes called minting). These PIV are then automatically divided into three pieces. A fixed 10% (0.5 PIV) goes into a pool that is used to fund the growth of PIVX. (Method 3) The Masternodes vote on which projects that 10% should be spent on and then the community members who did the project claim the PIV. The other 90% (4.5 PIV) gets divided between the Masternodes and the Stakers. (Methods 1 & 2) The split between Masternodes and Stakers is based on a “Seesaw Algorithm.” This algorithm constantly adjusts the amount of rewards that go to the two groups based on the number of Stakers and Masternodes at a given time. The current Seesaw Algorithm incentivizes the balance so that Masternodes make slightly more than Stakers to cover their higher operating costs. To learn more about the Seesaw Algorithm

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Steem Price Down 19% Over Week as Hardfork 20 The Money Makers Club now has 6 of 15 available seats. Learn more here!
Steem – one of three internal currencies on the Steemit social media platform – has had a fairly miserable week and has ended up with 19% losses from this time seven days ago.

During that time STEEM coins dipped from a value of $1.63 to $1.31 – the price at the time of writing.

Over the course of the last 24 hours Steem has fallen by close to 5%, and it now seems likely that Steem’s 36th place ranking on Coinmarketcap is under threat from today’s strongest performer in the top-100 – Basic Attention Token (BAT).

Early Growth
July actually began well well for Steem, as the coin spiked in value to the tune of 61% over the course of three days between June 29th and July 1st. Yet the early July high of $1.86 is nothing compared to the April high of $4.62 – during which time the daily volumes reached $150 million. That’s significantly higher than today’s volume of $1.5 million – a mere 1% of that recorded during the April peak.

The price during January’s peak was $8.01, which leaves Steem in the uncomfortable position of being 83% in the red over the last seven months.

Hardfork 20
At the start of the month the Steemit team released details on the upcoming ‘Hardfork 20’. The post detailed the team’s intention to overhaul some of Steemit systems with the update in a bid to:

“…create a system that 1) more efficiently allocates blockchain resources; 2) more accurately measures the true cost of running the blockchain; and 3) enables Steem developers to create more predictable user experiences.”

The resources in question are those which are awarded to users for their participation on the platform. Steemit is a social media site which runs on a blockchain, and instead of likes and upvotes, posts are rewarded with cryptocurrency.

There are currently three internal currencies on Steemit – STEEM, Steem Dollars (SBD) and Steem Power. Both STEEM and SBD can be traded in and out of the platform, while Steem Power represents ‘locked in’ funds, which measure network influence. Steem Power can only be withdrawn incrementally over a period of three months.

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