SHARE THIS, IT'S VERY IMPORTANT
🚨 Summary and Strategic Call-To-Action Conclusion of the Pi Global Conference for Open Network titled: "Pi is a Fight, and Consensus Price is the Weapon."
After 4 hours of analysis from the speakers, with over 21,600 pioneers in attendance, the following understandings have been established:
1. The starting price of Pi will be decided by the Call Auction activity that will take place on exchanges, 1 hour before listing on February 20.
2. Exchanges and investors are already deploying weapons of manipulation aimed at influencing pioneers to place cheap sell orders, so that they can acquire huge amounts of Pi. Some exchanges have less Pi than others, so, as a way to level up against their competitors, they would go to extra lengths to lure you to sell cheaply.
3. As opposed to the "knowledgeable pioneer" narrative of not depositing Pi on exchanges, a better understanding was brought to light that: participating in the call auction is the only way to win the consensus fight for a high value for Pi. But a strategy is needed.
4. To come up with a strategy, the feasibility of different consensus prices was analyzed against parameters of the exchanges such as transaction fee and maximum buy order limit in the call auction.
Transaction fee = 0.04pi
We could deposit 0.000001 pi to exchanges, based on the current standing global consensus value (GCV) 1pi = $314,159, but it cannot work because we would not be able to participate in the auction due to not having enough Pi for the transaction fee.
But by depositing just 1pi, each pioneer will be able to create 10 sell orders of 0.06pi.
0.06pi X 10 = 0.6pi.
While the remaining 0.4pi is the transaction fee cost for all 10 orders.
0.04pi X 10 = 0.4pi
Why create multiple orders? Because the opening price is set where the largest volume of orders can be matched.
And this is where our unity as global pioneers becomes very important, because we have the numbers.
But at what consensus should we price the 0.06pi when placing the sell order?
At $100, 0.06pi = $6
At $314, 0.06pi = $18.84
At $1000, 0.06pi = $60
At $3142, 0.06pi = $188.52
So, to create variety in the auction order system and split the chances for more prospects of influence towards an uptrend, I propose a multiple Global Consensus for Call Auction:
$314, $1,000, and $3,142.
What is the strategy and Call-To-Action here?
1. Each pioneer deposit 1pi to the exchanges.
2. Create 10 sell orders using the following format:
0.06pi for $18.84 - 4 orders
0.06pi for $60 - 3 orders
0.06pi for $188.52 - 3 orders
Considering the transaction fee of 0.04pi, the total should be 1pi.
If 10,000 pioneers do this, 10 x 10,000 = 100,000 orders at multiple high consensus.
100,000 pioneers = 1 million orders
500,000 pioneers = 5 million orders
These new Global Consensus Values for Call Auction will help us put up a good fight within the parameters of the system for a higher value for Pi.
I call on all pioneers. Your unity is important for our strategy to be effective. We only have less than 72 hours to drive a global campaign, to get as many pioneers as possible to empower the new GCVs for Open Mainnet Call Auction pricing, by depositing 1pi and creating 10 sell orders of 0.06pi.
We need the community to create instructional content on how to deposit 1pi.
But also very importantly, in order to participate in the call auction, you need to have an account with one of the exchanges.
Check for the exchange that is going to list Pi, then check whether your country is allowed or not. If it isn't allowed, go to the one where your country is allowed, create an account and do KYC right now, so that the KYC can be successfully processed before February 20 for the auction.
In this fight, participation is the only way to win, and I have explained above how the parameters allow us to participate. The strategy is laid out. The only thing left now is unity in action. Who dares, wins!
Fight for the Pi Revolution ✊
SHARE THIS, IT'S VERY IMPORTANT ✊
#PiCoreTalk #PiNetwork #PiCoreTeam #pi #Binance