Don’t fall to FUD in the open market! Remember when Dr KoKkalis said, Value your Pi!
_Protecting Your Pi: Don't Fall for FUD_
As a pioneer in the Pi Network ecosystem, you've taken a bold step into the future of cryptocurrency. Your early adoption and contributions to the network have earned you a valuable stake in the form of Pi coins. However, with great value comes great temptation, and cunning traders are circling, seeking to exploit your enthusiasm and snatch your Pi at bargain prices.
These opportunists employ Fear, Uncertainty, and Doubt (FUD) tactics, spreading baseless rumors and misinformation to erode your confidence in Pi's potential. They'll claim that Pi is worthless, that the project is doomed, or that the team is incompetent. Don't believe the hype! These FUD peddlers are merely trying to manipulate you into selling your Pi at a low price, so they can swoop in and buy it up cheaply.
As a pioneer, it's essential to remember that you're part of a revolutionary movement. Pi Network is pushing the boundaries of decentralized finance, and its potential is vast. Don't let the naysayers bring you down. Instead, focus on the progress being made, the community's enthusiasm, and the team's dedication. Your Pi coins are a valuable asset, and you should treat them as such.
When it comes to valuing your Pi, don't even think about selling for anything less than $314 per Pi coin. This is not just a arbitrary number, but a reflection of Pi's true potential. With its unique approach to decentralized finance, Pi Network is poised to disrupt the traditional financial system. As the project continues to grow and mature, its value will only increase. So, hold on to your Pi and watch it soar.
Remember, pioneers, you're not just holding a cryptocurrency; you're part of a movement that's changing the world. Don't let FUD merchants undermine your confidence. Keep your eyes on the prize, and don't settle for anything less than $314 per Pi coin. Your patience and perseverance will be rewarded in the long run.
You guys don’t know what is circulating supply and how it affects crypto prices , it is so annoying how uninformed people can be yet they don’t know about it, and they don’t learn
Trader BM
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The total supply of Pi Network is 100 billion. If someone expects the price of each Pi to reach $300, this seems unrealistic. If this happens, the total market value of the Pi Network would reach $30 trillion! As a comparison: The market value of Bitcoin at its peak was about 1.3 trillion dollars The total market value of gold is estimated at around 14 trillion dollars. The Gross Domestic Product of the United States GDP #BTC#2023( ≈ 27 billion dollars This means that only when the market value of Pi exceeds the total value of gold, bitcoin, and the US economy, can it reach $300, which of course sounds like a joke. The actual price of Pi will depend on supply and demand and adoption rates.
Only 6.5million is available, out of the 6.5 million, over 3million is locked for 1to3 years, the remaining pi will be mined for 50 to 100 years depending on adoption, PI big !
iamibrahim183
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Pi Network's total supply is 100 billion, and if someone expects it to reach $300 per Pi, that seems unrealistic. If that were to happen, Pi Network's total market cap would become $30 trillion!
For comparison:
Bitcoin's all-time high market cap ≈ $1.3 trillion
Gold's total market cap ≈ $14 trillion
U.S. GDP (2023) ≈ $27 trillion
This means Pi could only reach $300 if it becomes bigger than Gold, Bitcoin, and the U.S. economy combined, which obviously sounds like a joke. Pi's realistic price will depend on supply, demand, and adoption $BNB
You obviously don’t know much about how crypto prices work, , you can either go and read and learn about how circulating supply affects price, or ask binance to create a fool’s 🔘
iamibrahim183
--
Pi Network's total supply is 100 billion, and if someone expects it to reach $300 per Pi, that seems unrealistic. If that were to happen, Pi Network's total market cap would become $30 trillion!
For comparison:
Bitcoin's all-time high market cap ≈ $1.3 trillion
Gold's total market cap ≈ $14 trillion
U.S. GDP (2023) ≈ $27 trillion
This means Pi could only reach $300 if it becomes bigger than Gold, Bitcoin, and the U.S. economy combined, which obviously sounds like a joke. Pi's realistic price will depend on supply, demand, and adoption $BNB
pi will launch it's main net on 20-feb-2025 . so question will arise why not listing on any exchange.
so let's see the matter and find out the answer.
action(,roadmap) of pi founder :
point
1. from action(roadmap) of pi network we can judge that pi network do not want to come into open market.
2. pi network will eveluat it's coin price through the goble forum like gsv. or other.
first let's understand why this 2nd action pi network wants.
i have mention the three coin which have real world use case and max supply between 50 to 100 billion (please see in picture ) 1. $xrp 2. $xlm 3. $vet. and calculate their capital with max supply an current market price. and then make sum of all coin supply and their capital after this total capital divided by total supply coin and we got the avg. price of this three coin is 1.22079 USDt.
why do this calculation ? answer : pi coin have 100 B max supply. so take similar coin for price prediction. using reference of open market tested price
different different privet forum give their price with their logic and calculation. but this price not tested in open market.
let's check some facts i had take 3 coin $XRP ,$XLM and $VET ( see the calculation in picture )
so
1. avg supply of this 3 coin 236.71/3 = 78.90 B 2. avg price of this 3 coin 288.9735 / 236.72 = 1.23079 USDt.
question what are those motivation in which people are agree to pay 25$,45$,60$,145$ or 314,000$ for this coin. anybody have answer then please share it in comment.
As long as your calculations didn’t include circulating supply, it’s not correct!
DevMak
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pi will launch it's main net on 20-feb-2025 . so question will arise why not listing on any exchange.
so let's see the matter and find out the answer.
action(,roadmap) of pi founder :
point
1. from action(roadmap) of pi network we can judge that pi network do not want to come into open market.
2. pi network will eveluat it's coin price through the goble forum like gsv. or other.
first let's understand why this 2nd action pi network wants.
i have mention the three coin which have real world use case and max supply between 50 to 100 billion (please see in picture ) 1. $xrp 2. $xlm 3. $vet. and calculate their capital with max supply an current market price. and then make sum of all coin supply and their capital after this total capital divided by total supply coin and we got the avg. price of this three coin is 1.22079 USDt.
why do this calculation ? answer : pi coin have 100 B max supply. so take similar coin for price prediction. using reference of open market tested price
different different privet forum give their price with their logic and calculation. but this price not tested in open market.
let's check some facts i had take 3 coin $XRP ,$XLM and $VET ( see the calculation in picture )
so
1. avg supply of this 3 coin 236.71/3 = 78.90 B 2. avg price of this 3 coin 288.9735 / 236.72 = 1.23079 USDt.
question what are those motivation in which people are agree to pay 25$,45$,60$,145$ or 314,000$ for this coin. anybody have answer then please share it in comment.
*Pi Coin Frenzy: Desperate Buyers and Sneaky Scammers*
The Pi Coin phenomenon has taken the world by storm, with people from all corners of the globe eager to get their hands on this promising digital currency. As the Pi Network's user base continues to grow, so does the demand for Pi Coins. However, this surge in demand has also attracted some unsavory characters looking to exploit desperate sellers.
Desperate buyers are willing to pay top dollar for Pi Coins, driven by the promise of potential long-term gains. Social media platforms, online forums, and messaging apps are filled with people seeking to buy Pi Coins, often at inflated prices. This frenzy has created a lucrative opportunity for scammers to prey on unsuspecting buyers.
Some clever scammers have devised clever tactics to swindle Pi Coins from desperate sellers. They create fake social media profiles, impersonating Pi Network officials or reputable traders, and offer Pi Coins at attractive prices. Once the buyer transfers the funds, the scammer disappears, leaving the victim with empty pockets.
Other scammers use phishing attacks to try to steal Pi Coins directly from users' wallets. They send fake emails or messages, claiming to be from the Pi Network, and trick users into revealing their wallet credentials.
The Pi Network's community has been warning users about these scams, emphasizing the importance of only trading Pi Coins through authorized channels. However, the allure of easy profits continues to lure in new victims.
As the Pi Coin frenzy continues, it's essential for buyers and sellers to exercise extreme caution. Always verify the authenticity of the seller, and never share your wallet credentials with anyone. By staying vigilant, we can protect ourselves and the integrity of the Pi Network community.
Pi Network's core team has indeed established Know Your Business (KYB) requirements, which are part of their dual verification system, alongside Know Your Customer (KYC). This system aims to build a secure and trustworthy trading environment.
As Pi Network transitions to its Open Network phase, businesses that accept Pi payments will be required to complete KYB verification, ensuring security and legitimacy. This process is crucial for preventing money laundering, boosting investor confidence, and ensuring compliance with international financial regulations.
While I couldn't find an official announcement from the Pi Network core team outlining specific KYB requirements during my research, it's clear that they're committed to maintaining a secure and compliant ecosystem. As the network continues to evolve, we can expect more information on KYB requirements to emerge.
If you know just how to get verified crypto news, then I don’t think you will ask AI to write you this misinformed article!
Lindsy Brevard GqCa
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Let's not get fooled by pi coin
Let's not get fooled by pi coin *Overview ;PI Launch Price Cap** It’s crucial to note that the price of $PI is unlikely to exceed the $0.01 mark on its launch day. Here's the breakdown of factors influencing this forecast.
**Open Network Launch:** Pi Network is gearing up for its Open Network launch on February 20, 2025, at 8:00 AM UTC. This pivotal event aims to establish a decentralized peer-to-peer ecosystem powered by its native token, $PI.
**Exchange Listings:** Aligned with the Open Network launch, Pi Coin (PI) is set to debut on multiple exchanges. Deposits for $PI commenced on February 12, 2025, with spot trading anticipated to kick off on launch day. However, it’s worth mentioning that prior announcements about exchange listings have been removed, potentially raising questions about the progression.
**Use Cases:** The Open Network is poised to expand the real-world application of $PI significantly. With over 100 Mainnet or Mainnet-ready applications developed by the Pi team, users, known as Pioneers, will be able to utilize Pi tokens in various sectors, including e-commerce and social platforms. This expansion is designed to enhance the functionality of $PI in daily transactions.
**Claiming Pi Tokens:** In order to claim $PI, users are required to complete the Know Your Customer (KYC) process. This essential step aims to create a secure and compliant ecosystem by verifying user identities. Currently, there are some glitches in the verification process, which the team is expected to resolve soon.
It's important to note that clicking the 'Ok' button on a pop-up locks your tokens for a period of three years, as this action permits staking.
**Tokenomics:** The tokenomics of Pi Network reflects a well-structured allocation strategy:
- **Total Supply:** The maximum supply of Pi Coins is capped at 100 billion tokens. As of October 29, 2024, 68 million tokens have been mined.
- **Distribution:** - **Mining Rewards:** 65% of the total supply is designated for mining rewards and securing the network. - **Ecosystem Growth:** 10% is allocated for ecosystem development, nurturing the creation of Pi-based applications and services. - **Liquidity Provision:** 5% is reserved for liquidity on exchanges to ensure seamless trading for users. - **Vesting Period:** To foster stability in value, 80% of the mined tokens are subject to a three-year vesting period.
This framework promotes equitable distribution, incentivizes network expansion, and stabilizes token value over time.
**Price Analysis:** Currently, there are no official listings for $PI; all circulating listings are unsubstantiated. On the listing day, the expected market capitalization for the Pi Coin is projected between $800 million and $1 billion, leading to an anticipated price range of $0.008 to $0.01.
Following the launch, anticipate a price correction, possibly dipping to around $0.005 due to selling pressure from airdrops. A rebound could occur if the Pi Network team effectively navigates development challenges post-launch.
If this analysis has resonated with you, kindly like, repost, share, and comment your thoughts. #BNBRiseContinues #PPIShockwave #MarketLiquidation #PPIShockwave #pi
The recent actions of Bybit CEO, Ben Zhou, in delisting Pi Network from his exchange, raise significant concerns about his commitment to transparency and legitimacy. Bybit's CEO cited concerns about Pi Network's legitimacy and potential for market manipulation. However, this move appears to be more of a public relations stunt than a genuine attempt to protect users.
*Lack of Transparency* Bybit's CEO took to social media to make the announcement, which is unusual for a major exchange. This lack of transparency and due process raises questions about Bybit's internal decision-making processes and potential biases. Furthermore, Bybit's CEO has not provided any concrete evidence to support his claims about Pi Network's legitimacy.
*Contradictory Actions* Bybit's actions are particularly alarming given the exchange's history of listing and promoting other cryptocurrencies with questionable legitimacy. This selective enforcement of standards undermines Bybit's credibility and suggests that the exchange may be prioritizing its own interests over those of its users.
*Implications for Users* The implications of Bybit's actions are far-reaching and potentially damaging to users. By delisting Pi Network without due process, Bybit's CEO has unilaterally denied users access to a cryptocurrency that they may have invested in. This move also sets a dangerous precedent for exchanges to arbitrarily delist cryptocurrencies without regard for user interests or due process.
*Conclusion* In light of the Pi Network's KYB policies, which emphasize transparency, security, and compliance, Bybit's CEO actions appear to be a clear contradiction. The lack of transparency, contradictory actions, and implications for users all raise significant concerns about the legitimacy of Bybit's operations. As the cryptocurrency space continues to evolve, it is essential that exchanges prioritize transparency, user protection, and due process to maintain trust and credibility.
I have pi coins. $PINetwork. While there are no official listings on Exchanges, I looked for one that I can trade. I particularly like Binance, but this silence makes me curious. So I'll wait. However, I found OKX. Exchange. There they are accepting pi. Out of curiosity, I went in, opened my account and transferred 5 pi. It doesn't have any value yet, but they received it and my 5 pi is listed there. Transfer fee of 0.01 pi. And 5 pi on this Exchange.... I still have over a hundred available to transfer. I'll wait until the official listing and see if it was worth transferring these 5 pi of mine.... If it's feasible, great.... I'll transfer everything... and if Binance opens, even better.....
*The PI Network Mainnet Launch: A Watershed Moment for Cryptocurrency Engagement and Growth*
The cryptocurrency landscape is on the cusp of a significant transformation, and the PI Network's impending Mainnet launch is poised to play a pivotal role in shaping the future of cryptocurrency engagement and exponential growth.
*A New Era of Accessibility and Usability* The PI Network's innovative approach to decentralization, security, and scalability has generated immense excitement within the cryptocurrency community. By leveraging a novel consensus algorithm and a mobile-first approach, PI Network is set to revolutionize the way users interact with cryptocurrencies.
*Mainnet Launch: A Catalyst for Growth* The Mainnet launch represents a critical inflection point for PI Network, marking the transition from a testnet environment to a fully operational, decentralized network. This milestone will unlock a plethora of opportunities for users, developers, and investors, including:
- *Staking and Validation*: Users will be able to participate in the validation process, earning rewards and contributing to the network's security and decentralization. - *Increased Adoption*: The Mainnet launch will likely attract new users, developers, and investors, driving growth and expanding the PI Network's ecosystem.
*Exponential Growth and Engagement* The PI Network's Mainnet launch has the potential to catalyze exponential growth and engagement within the cryptocurrency space. As the network expands and matures, it will likely attract a new wave of users, developers, and investors, driving innovation and adoption.
*Conclusion* The PI Network's Mainnet launch represents a watershed moment for cryptocurrency engagement and exponential growth. As the network transitions to a fully operational, decentralized environment, it will unlock new opportunities for innovation, adoption, and growth. The cryptocurrency community is eagerly anticipating this milestone, and the PI Network's success will likely have far-reaching implications for the broader cryptocurrency ecosystem.
Get ready for the most anticipated event in the crypto space - the PI Network's Mainnet launch!
With a massive community of pioneers, innovators, and enthusiasts, PI Network is poised to revolutionize the way we think about blockchain and cryptocurrency! The community's sheer size and dedication are a testament to the project's potential for mass adoption.
Multiple game-changing use cases, set to disrupt traditional industries and create new opportunities! Imagine a future where PI Network's blockchain technology enables:
Secure, decentralized data storage and sharing Efficient, transparent supply chain management Innovative, community-driven governance models
The Fireside Forum, PI Network's unique social media platform, has been buzzing with excitement! Pioneers have been sharing insights, ideas, and experiences, fostering a sense of community and collaboration.
And let's not forget the PioS - PI Network's operating system! Designed to facilitate seamless interactions between users, developers, and the PI Network ecosystem, PioS is set to revolutionize the way we interact with blockchain technology.
With investor interest pouring in, the potential for growth is limitless! The PI Network's unique consensus algorithm, Scalable Byzantine Fault Tolerance (SBFT), ensures a secure, decentralized, and energy-efficient network.
Don't miss out on this historic moment! Join the PI Network community today and be a part of shaping the future!
Stay tuned for updates, and get ready to experience the power of PI Network!