Isn't it too much to restrict trading in the national region? Once it's locked, the price goes up. Then wait until the big shots outside have sold most of theirs before allowing the national region to step in and take over?
天虹看趋势
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The sky is falling! The sky is falling! PI coin has been turned into a 🐶!
Recently, PI coin has been all over social media and various community platforms, even on short video apps, it seems like even a dog would come out to curse a bit, perhaps unable to stand seeing others 'doing well', or having waited for years and losing faith!
First of all, Pi coin uses a mobile 'mining' mode, which does not require professional mining machines and large amounts of electricity, allowing ordinary users to easily participate. This lowers the threshold for participation in cryptocurrency; even the aunties at the village entrance probably have a few thousand, and those who are not yet adults have already mined enough to get married, but it has yet to be listed on exchanges. This has also led many people to think that PI coin is just a pile of dog shit, a pyramid scheme coin, and even if it gets listed, 2 dollars is already the ceiling!
Secondly, from the perspective of market development, PI coin currently lacks widespread application scenarios. Although the team claims that they will build a complete ecosystem in the future, this has not yet been realized. Everything sounds good, but there is no actual presentation to the public!
Furthermore, its value is hard to assess. Although it will be listed on mainstream exchanges at 2.20, it lacks a market price discovery mechanism. Although many are shouting for it to reach 200 dollars, 314 dollars, those are merely some people's ideal 'get rich quick' numbers. Please view it rationally. Tianhong believes that it may temporarily be worthless, but it cannot be absent. Don't let it rise later and find yourself empty-handed, becoming a jealous dog. Although Tianhong has also hoarded a few thousand, I have never fantasized about how much it can be worth, because the value doesn't have a significant impact on me!
In fact, PI coin also has significant privacy risks. The registration and usage process may collect a large amount of user personal information, posing a risk of privacy leakage. If exploited by malicious individuals, it could bring losses to users!
By recruiting people to enhance mining profits, participants are easily trapped in unrealistic wealth fantasies. This has led some to spend a lot of money in the early stages for promotion, recruitment, and operations. Some team leaders have even spent all their savings, and after waiting for so many years, they still don't know how they have held on. It's time to see whether it’s a mule or a horse!
The cryptocurrency industry is highly competitive. Mainstream coins like Bitcoin and Ethereum have already dominated the market. For Pi coin to stand out, it still faces enormous challenges. On 2.20, we will see whether it’s a joke or a legend? #PI
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