RE: PIV and Let PIV - PIVX Commonly Asked Questions Part 1 by luzcypher

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crypto · @luzcypher · Mar 23 '17

$0.07

I bought some PIVX at .16 cents and its .81 cents now! Love it when that happens. I just intsalled a wallet and am looking into staking so this was helpful. Thanks

👍 prufarchy

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@lukestokes · Mar 23 '17

$0.07

Nice! I bought some around 11 cents. It's looking quite nice right now for sure. I already got three stake rewards. Two yesterday and one the day before. None today so far. Check out the slack channel. Really helpful people over there.

👍 prufarchy

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@luzcypher · Mar 25 '17

I have heard about the stakes rewards. How do you do that? Just by holding it in their wallet and keeping it connected to the internet from what I understand. Is that right? Do you know where I can learn more about that?

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@lukestokes · Mar 25 '17

Yeah, that's basically it. You run the full QT wallet, add `staking=1` to your pivx.conf file and once everything is fully synced up, you unlock the wallet for staking. That's it. Any PIVX in your wallet which has been there for 101 confirmations will be eligible for staking. The little green arrow in the bottom right will turn green and you'll be good to go.

I haven't had a reward since 3/21/17 23:34 though, so either the competition has really increased or something else isn't quite right. When I first start it up, I get a lot of peer connections. After a while it drops down to just one or two, so I wonder if something isn't right.

Looks like the price of PIVX is retracing back to something a little more sane. I wish I had sold some at the top, but what else is new. :)

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2 replies

@prufarchy · Mar 23 '17

So you really must've enjoyed today as it's at .98 cents haha :)

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@luzcypher · Mar 25 '17 (edited)

I'm holding it long so I'm not too worried about the daily prices. But yes, it sure looks good seeing it that high.

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