mumbojam

$pivx - PIVX long opportunity

Long
BITTREX:PIVXBTC   Pivx / Bitcoin
Pivx has already seen a STRONG rally of 1000-6000% (10-60x)
This coin seems to stay strong with the core fundamentals of crypto and focusing on true decentralization.
On the 1 day chart, we have stayed strong above the 314 Moving Average, and recover strongly through the 200 Moving Average.
I think Pivx is great at the current price and with how it held through the recent bear market I don't think we will be falling to the support anytime soon. You can see how the Fibonacci (cyan lines) also shows us landing exactly where we currently are and we can use this as a reference to future growth.


Strong Roadmap Features to come:
Multi-Sig Escrow System - allow users to create escrow agreements with other users for goods and services, with other users
Mobile Wallet Development - we have seen how mobile effects growth of coins already
Elastic Block Sizes - expansion of the system, and the people using the Pivx, will allow faster transaction times and improve efficiency.
Encrypted Chat System - I don't think this will be a huge factor into growth
Community Governance - Movement among the community to redesign the way voting and power is distributed and structured is gaining momentum. Several coins are becoming more centralized and this would help keep the core of crypto fundamentals and keeping things as decentralized as possible.
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