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Time preference is the inclination to favor immediate rewards over future ones. $BTC volatility is a live case study in this. Investors with a high time preference react to every dip. Those with a lower time preference don't care. Basic economics.
$BTC freefall is like that chapter from a microeconomics textbook—supply, demand, and chaos all rolled into one. We act nonchalant, laughing at the absurdity, yet secretly we know it’s quietly scripting our financial future.
In no way Binance thinks about the fees they could collect from millions of people trading PI.
I Don't Know Why Some People Still Delude Themselves Binance Will Never List Pi.
CZ And Richard Teng Must Read This.
Apart from the fact that 85 percent of Binance users approved the listing of Pi, here are 3 Reasons why Pi Will Explode After Binance Listing.
1. Supply Model and Mining Mechanism
Pi Network follows an negative exponential declining token issuance model, where mining rates decrease over time based on time and network growth and participation. Pi Network has built an integrated ecosystem that felicitates real world transactions and decentralized applications. Pi can be used as a medium of exchange for goods and services, including online commerce and local-brick-and-mortal businesses. Users can engage the Pi Core Team and community built apps in the Pi ecosystem through the Pi Browser, where integrated features like the Pi Wallet provide seamless growing adoption. In the Pi Browser, there are apps like the following;
a. Fireside Forum, which features like X (formerly Twitter) where members can have personal profile account. This will soon be a public domain.
b. Chat rooms, where members interact and provide solutions to issues.
c. Brainstorm, where developers send their apps to the community for reviews.
d. Pi Wallet, a web3 wallet that stores the coins of members
e. KYC app, where requests for Know Your Customer is processed for approval.
f. Blockchain Explorer, that transmits live transactions on Pi Blockchain.
g. Mining app, where members tap their phones every 24 hours to earn Pi.
2. The Founders Of The Network Are Not Faceless; They are well known in the crypto world.
Pi Network was founded by Dr. Nicolas Kokkalis and Dr. Chengdiao Fan both of whom have PhDs from Stanford University and a passion for improving human lives through technology. Dr. Kokkalis has PhD in EE and post doctoral in CS with research on distributed systems and human computer interactions to bring cryptocurrency to everyday people. Dr. Fan holds a PhD in Anthropological Sciences, harnessing social computing to unlock human potential on a global scale. She built Pi Network to mobilize individuals all over the world to participate and be rewarded for their contributions, and establish an inclusive system for global citizens to unleash and capture their own agency, and in turn create utilities for societies and the world.
3. Compliance and Identity Verification
Pi Network follows a one-account-per-person policy through its Know Your Customer, KYC, solution. This system combined machine automation and human verification to authenticate user identities while preserving privacy. The KYC process emphasizes real individuals, combats fraudulent activities and enables fair participation in mining process of network. Pi's identity verification approach balances scalability, security, and accessibility, allowing millions of users to validate their accounts while maintaining compliance.
Apart from the fact that 85 percent of Binance users approved the listing of Pi, here are 3 Reasons why Pi Will Explode After Binance Listing.
1. Supply Model and Mining Mechanism
Pi Network follows an negative exponential declining token issuance model, where mining rates decrease over time based on time and network growth and participation. Pi Network has built an integrated ecosystem that felicitates real world transactions and decentralized applications. Pi can be used as a medium of exchange for goods and services, including online commerce and local-brick-and-mortal businesses. Users can engage the Pi Core Team and community built apps in the Pi ecosystem through the Pi Browser, where integrated features like the Pi Wallet provide seamless growing adoption. In the Pi Browser, there are apps like the following;
a. Fireside Forum, which features like X (formerly Twitter) where members can have personal profile account. This will soon be a public domain.
b. Chat rooms, where members interact and provide solutions to issues.
c. Brainstorm, where developers send their apps to the community for reviews.
d. Pi Wallet, a web3 wallet that stores the coins of members
e. KYC app, where requests for Know Your Customer is processed for approval.
f. Blockchain Explorer, that transmits live transactions on Pi Blockchain.
g. Mining app, where members tap their phones every 24 hours to earn Pi.
2. The Founders Of The Network Are Not Faceless; They are well known in the crypto world.
Pi Network was founded by Dr. Nicolas Kokkalis and Dr. Chengdiao Fan both of whom have PhDs from Stanford University and a passion for improving human lives through technology. Dr. Kokkalis has PhD in EE and post doctoral in CS with research on distributed systems and human computer interactions to bring cryptocurrency to everyday people. Dr. Fan holds a PhD in Anthropological Sciences, harnessing social computing to unlock human potential on a global scale. She built Pi Network to mobilize individuals all over the world to participate and be rewarded for their contributions, and establish an inclusive system for global citizens to unleash and capture their own agency, and in turn create utilities for societies and the world.
3. Compliance and Identity Verification
Pi Network follows a one-account-per-person policy through its Know Your Customer, KYC, solution. This system combined machine automation and human verification to authenticate user identities while preserving privacy. The KYC process emphasizes real individuals, combats fraudulent activities and enables fair participation in mining process of network. Pi's identity verification approach balances scalability, security, and accessibility, allowing millions of users to validate their accounts while maintaining compliance.
Randomness Disguised as a System – Human brains love recognizing patterns, even in random data (apophenia). Many of these chart patterns appear purely due to chance, nothing else.
I hate to bring the bad news in an already ongoing crash, but it's better to know now than later...
#BTC is making a hybrid pattern that's double top & diamond pattern. Ironically both are bearish trend reversal patterns ..
See yourself and don't just take any leads from this as this is an assessment not any advice.
#BTC is making a hybrid pattern that's double top & diamond pattern. Ironically both are bearish trend reversal patterns ..
See yourself and don't just take any leads from this as this is an assessment not any advice.
Chill out man, soon Binance will list it. So we will sell some more PI. Why do you like talking shit about everything 🤣. Live a bit, stop missleading people.
$PI
Look at the chart PI down to 0.66$ from 2.2$. I hope if you sold your mined PI above 1.5$ to 2$ range.
PI Network will never recover due to their total supply of 100 billion PI.
PI Network mining was launched in March 2019, they came up with listing after 6 years.
The big issue was PI network deliberately didn't provide slots to users who has bigger amount of PI for KYC, which was neccessary for migration to PI mainnet.
PI Network only approving KYC to those user who has less than 300 PI in mining for migration to mainnet.
Look like the team allocation dump on the retails by using hype of Pi only.
In future PI token will add one zero and it will fell more because of their PI inflation.
Look at the chart PI down to 0.66$ from 2.2$. I hope if you sold your mined PI above 1.5$ to 2$ range.
PI Network will never recover due to their total supply of 100 billion PI.
PI Network mining was launched in March 2019, they came up with listing after 6 years.
The big issue was PI network deliberately didn't provide slots to users who has bigger amount of PI for KYC, which was neccessary for migration to PI mainnet.
PI Network only approving KYC to those user who has less than 300 PI in mining for migration to mainnet.
Look like the team allocation dump on the retails by using hype of Pi only.
In future PI token will add one zero and it will fell more because of their PI inflation.
I question why I read anything on Binance Square. 99% of it is just bots and posts that are implying my wildest dreams will come true. After a crazy market crash there is this amazing pattern of four green candles which will skyrocket #xrp to 4$... Yea, my ass... We have no clue what will happen. Please, everyone, understand that almost every post here is bullsh**. We are played by our feelings, and when we read those types of posts we constantly experience a #confirmation #bias .
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