💥 WHAT REALLY HAPPENED WITH GCV (Global Consensus Value)
A few years ago, some Pi pioneers came up with the idea of GCV, a suggested price for 1 Pi coin. The goal? To help people see the value of Pi and avoid selling it too cheaply before it had real utility.
🧠 THE FIRST GCV: $314
This number wasn’t random, it was chosen to make people feel confident about holding Pi. But during a meeting in China, some folks worried that if people thought Pi would hit $314, they might start selling early, and the price would crash before it even got there.
🚀 SO THEY RAISED IT.. TO $6,700
Not because Pi was actually worth that much, but as a psychological trick. The idea was: if people believed Pi was super valuable, they’d hold onto it longer and help build the ecosystem.
🔢 THEN CAME THE PI SYMBOL: 3.14159
Someone noticed that 314,159 looks like the digits of the Pi symbol (π = 3.14159). So they said, “Let’s use that as the new GCV!” Again, it was symbolic, not realistic.
⚠️ WHERE THINGS WENT WRONG
What started as a motivational idea turned into confusion. Some people began telling others that $314,159 was the real price of 1 Pi. Merchants believed it. They accepted Pi for real products and services, thinking they’d be rich later.
But now? Pi is trading on exchanges for less than $1. Those merchants can’t cash out at GCV prices. They’re stuck.
🧭 WHAT YOU NEED TO KNOW
- The Pi Core Team never officially said GCV was real.
- GCV was just a community idea to inspire belief.
- The real value of Pi will come from utility, apps, and adoption, not hype.
- Merchants and users need to be smart and cautious, not just hopeful.
🔥 Pi is powerful, but only if we build real value around it. Let’s educate, innovate, and protect each other from false hopes. GCV was a spark, not a promise.
🧿💜🚀💲✨🌐💥
#pi #PiMarketSimulation #BinanceHODLerPLUME #PiUpdates
#PiListedOnBinance
A few years ago, some Pi pioneers came up with the idea of GCV, a suggested price for 1 Pi coin. The goal? To help people see the value of Pi and avoid selling it too cheaply before it had real utility.
🧠 THE FIRST GCV: $314
This number wasn’t random, it was chosen to make people feel confident about holding Pi. But during a meeting in China, some folks worried that if people thought Pi would hit $314, they might start selling early, and the price would crash before it even got there.
🚀 SO THEY RAISED IT.. TO $6,700
Not because Pi was actually worth that much, but as a psychological trick. The idea was: if people believed Pi was super valuable, they’d hold onto it longer and help build the ecosystem.
🔢 THEN CAME THE PI SYMBOL: 3.14159
Someone noticed that 314,159 looks like the digits of the Pi symbol (π = 3.14159). So they said, “Let’s use that as the new GCV!” Again, it was symbolic, not realistic.
⚠️ WHERE THINGS WENT WRONG
What started as a motivational idea turned into confusion. Some people began telling others that $314,159 was the real price of 1 Pi. Merchants believed it. They accepted Pi for real products and services, thinking they’d be rich later.
But now? Pi is trading on exchanges for less than $1. Those merchants can’t cash out at GCV prices. They’re stuck.
🧭 WHAT YOU NEED TO KNOW
- The Pi Core Team never officially said GCV was real.
- GCV was just a community idea to inspire belief.
- The real value of Pi will come from utility, apps, and adoption, not hype.
- Merchants and users need to be smart and cautious, not just hopeful.
🔥 Pi is powerful, but only if we build real value around it. Let’s educate, innovate, and protect each other from false hopes. GCV was a spark, not a promise.
🧿💜🚀💲✨🌐💥
#pi #PiMarketSimulation #BinanceHODLerPLUME #PiUpdates
#PiListedOnBinance
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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