Posts From October 2018

PIVX Coin advantages and disadvantages

Buying PIVX coin could be worthwhile if more and more people are interested in storing the coin in the wallet in order to achieve a passive income. The crypto currency is well suited for this, because unlike other crypto currencies, new blocks are not created by the proof-of-work process, which consumes an enormous amount of electricity and requires powerful computers. The number of coins required for this is quite high, so the coin could be in high demand on the stock markets. Therefore one should perhaps keep an eye on the price in order to buy cheaply.

Many people who are interested in crypto currencies do so because of the anonymous transactions. The crypto currency offers some advantageous technologies here. However, it is not the only coin that wants to draw attention to itself with high anonymity. Verge, Monero, to name just a few, are strong competitors. The P/IVX coin has been tradable since 2015, but it wasn’t until 2017 that the price changed. It remains to be seen whether the PIVX Coin can prevail against the competition.

PIVX Coin Price – Development – Forecast for the Bitcoin trader

During 2016 it was quiet around the PI VX coin price according to the Bitcoin trader. The coin was quoted at less than 1 cent per coin all year round by this Is The Bitcoin Trader a Scam? Beware, Read our Review First!. Positive changes did not occur until 2017, more precisely in March. The price gradually rose to up to 80 cents per coin. In April, the coin was quoted at up to 1.60 euros. In May, the price fell briefly and reached comparable values at the end of the month.

From then on it only seemed to go up and some traders certainly dared to make a promising forecast. In July it was up to 2 Euro per coin, for a short time the price fell to 1 Euro and then held between 1 and 2 Euro. In August, the coin broke through almost 3 euros, which was achieved in September. In October and November, the price usually remained between 2 and 3 euros.

The next rise of the coin forecast took place in December. Before the Christmas time it should still be 6 Euro, which led to a steep rise of the price. After Christmas, the crypto currency finally cost 10 euros per coin. In January 2018 the price was quoted at 11 Euro and then lost value in the course of the month. The general crypto hype eased, but the coin was still trading between 4 and 5 Euros, which represents an enormous gain in value compared to the previous year of the same month.

Where can I buy the PIVX Coin for a Bitcoin profit?

What about the coin forecast about a scam? The crypto currency will probably not be traded as emotionally for a while as it was at the turn of the year. In 2018 it is just as well possible that the Bitcoin profit exchange rate will lose value again, but could also increase again. So far, the price has followed the general developments on the stock market.

Create PIVX Wallet
On the website of the developers there are several PIVX Wallets to download and install. Installers for the different Windows, Mac and Linux operating systems are available. The installation should be done without complications, only the synchronization with the blockchain could take a while. There are also wallets for mobile devices, which should be easy to install.

The PIVX coin can be purchased on the Bittrex, Binance, Cryptopia, Livecoin, Yobit, Coin Exchange and Crypto Bridge file-sharing exchanges. In most cases it is only possible to exchange the crypto currency for Bitcoin or Ether.

Conclusion PIVX Coin
The PIVX crypto currency does not need to hide behind the other coins, which also want to offer an increased degree of anonymity and security. Some of the concepts and technologies might even turn out to be better. The PIVX is definitely worth a look.

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