Im no economist butt
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Thank me later
With FTX about to repay defrauded customers, the crypto market may be more volatile than usual. It could be a good opportunity to buy dips, or make profits on trades. As always, be careful with your money, and invest responsibly.
You may remember all the hype around FTX. All the famous influensers shillimg for the platform. Sam Bankman-Fried was touted as a prodigy, one of the younger, cooler billionaires, who wanted to do a lot of charity work. Turns out he was politically and acatemically connected through his parents and his girlfriend's parents.
Anyway, be mindful of who you trust, and who you take investment advice from.
#FTXrepayment
You may remember all the hype around FTX. All the famous influensers shillimg for the platform. Sam Bankman-Fried was touted as a prodigy, one of the younger, cooler billionaires, who wanted to do a lot of charity work. Turns out he was politically and acatemically connected through his parents and his girlfriend's parents.
Anyway, be mindful of who you trust, and who you take investment advice from.
#FTXrepayment
We should be more skeptical when politicians or famous people promote cryptocurrencies in any way. Remember FTX? Remember all the stars promoting that? Be careful with your money.
#MileiMemeCoinControversy
#MileiMemeCoinControversy
Currently blocked at this step with #pi . And I thought I completed KYC verification a long time ago. Will this ever work?
Traded where?
pi network is now moving up..
Just FYI. No need to thank me
Will Pi be listed on any exchange?
#TokenReserve
Pi Network is gearing up for its highly anticipated Open Mainnet launch on February 20, 2025. This marks a significant milestone for the project, which has been. The launch will enable real-world applications and external integrations, allowing users to mine and trade Pi Coins ($PI) more freely.
To date, Pi Network has over 19 million identity-verified Pioneers, with 10.14 million having migrated their coins to the Mainnet. The project has faced multiple delays in the past, but the team remains optimistic about the upcoming launch. The success of the launch hinges on completing KYC verifications, migrating coins, and finalizing app development.
Pi Coin's value has been volatile leading up to the launch, with recent prices fluctuating between $43.78 and $90. The cryptocurrency's market capitalization currently stands at $2.97 billion. If the launch proceeds as planned, Pi Coin could see significant growth and increased market presence.
The coming weeks will be crucial in determining Pi Network's future, with the potential for substantial growth if the launch is successful. However, any further delays could disappoint the growing community of users who have been eagerly awaiting this moment. In future , also binance chance to release this coin...
Pi Network is gearing up for its highly anticipated Open Mainnet launch on February 20, 2025. This marks a significant milestone for the project, which has been. The launch will enable real-world applications and external integrations, allowing users to mine and trade Pi Coins ($PI) more freely.
To date, Pi Network has over 19 million identity-verified Pioneers, with 10.14 million having migrated their coins to the Mainnet. The project has faced multiple delays in the past, but the team remains optimistic about the upcoming launch. The success of the launch hinges on completing KYC verifications, migrating coins, and finalizing app development.
Pi Coin's value has been volatile leading up to the launch, with recent prices fluctuating between $43.78 and $90. The cryptocurrency's market capitalization currently stands at $2.97 billion. If the launch proceeds as planned, Pi Coin could see significant growth and increased market presence.
The coming weeks will be crucial in determining Pi Network's future, with the potential for substantial growth if the launch is successful. However, any further delays could disappoint the growing community of users who have been eagerly awaiting this moment. In future , also binance chance to release this coin...
US CPI data released, and it's worse than expected. How did you expect this would impact $BTC
#usa #CPIdata #inflation
#usa #CPIdata #inflation
Ad revenue and user data
PI Network
Everyone keeps talking about PI Network. Let's take a look at this project together. Here's a summary of PI :
Pi Network is a cryptocurrency project that seeks to make cryptocurrencies available to ordinary users through a mobile application where they can "mine" PI coins with minimal impact on their phone battery.
A key element is building community and expanding the user base through a simple "mining" mechanism and referral system.
The project is still in the early stages of development (Enclosed Mainnet) and PI coin currently has no real market value or official listing on exchanges.
Where does the money for the project come from and who funds it:
Official information on Pi Network funding is limited and unclear. The project is not transparent about its funding sources.
Pi Network is not known to have gone through traditional investment rounds (e.g. seed round, Series A, etc.) with venture capital funds.
Possible sources of funding (speculation and conjecture):
Founders' own funds: the founders of Pi Network are Stanford graduates, it is possible that they initially funded the project from their own savings.
Merchandise sales and advertising revenue (limited): Pi Network sells merchandise (clothing, accessories with the Pi logo) and the app may display ads (albeit to a limited extent). However, these revenues are probably insufficient to fund a large-scale project.
Future fund from pre-mined PI coins (uncertain): Pi Network has pre-mined a certain amount of PI coins to be used to fund the development of the ecosystem and the operation of the project. However, the details of this fund and its management are not transparent.
Potential future investments (uncertain): If Pi Network manages to launch Open Mainnet and gain real value, they could attract investments from cryptocurrency funds or investors in the future. However, this is currently only speculation.
Conclusion: the Pi Network's funding sources are unclear and non-transparent. There is no clear and verified model of how the project generates revenue and who funds it. This is a warning sign and a cause for caution.
What does PI Network mean and what is the use of their token:
PI Network = Pursuing Cryptocurrency for the Masses: the project seeks to make cryptocurrencies accessible to everyday people through an easy-to-use mobile app and "mining" without technical knowledge.
Mobile "mining" = Distribution of tokens for activity.
Intended use of PI token (vision):
A digital currency for peer-to-peer transactions in the Pi Network ecosystem.
Fuel for applications and services in the Pi Network ecosystem under construction (Pi Apps Platform, Pi Marketplace, etc.).
Reward for contributors to the network (users, node operators in the future).
Current reality = No real value and limited use: *PI token has no real market value at the moment, is not tradable on exchanges, and the intended use in the ecosystem is still a vision and under development.
Mining applications and user data:
Scope of data collection:
The scope of data collected by Pi Network is quite broad, and includes sensitive personal data (especially during KYC).
Transparency and information: information about exactly how Pi Network handles data, how it secures it, and how long it keeps it is not always clear and transparent. Pi Network's privacy policy may be general and lacking in detail.
Data centralization:
Data is likely to be stored on Pi Network's centralized servers, which *increases the risk of data leakage, misuse of data, or misuse of data by government authorities.
It is unclear how Pi Network will use the data collected in the future. There is *potential for misuse of the data for marketing purposes, targeted advertising, or even for selling the data to third parties. So far, there are no clear guarantees that this will not happen.
KYC process requires sharing sensitive personal documents with Pi Network. The security of the storage and processing of this data is key. It is not entirely clear what security mechanisms Pi Network uses to protect KYC data.
Conclusion:
The Pi Network app collects a wide range of data, including personally identifiable information, app activity data, and potentially other data. The extent of data collection and transparency of data handling are privacy concerns. Before engaging in the Pi Network, you should be aware of the risks associated with data collection and consider whether it is worth the potential (but uncertain) future gain from PI Coins. Privacy should be a key factor in your decision.
Pi Network is a controversial cryptocurrency project with an unclear future.
The marketable concept of mobile "mining" and community building is no guarantee of real value and success.
The lack of an official market cap, non-transparent funding, and no real market value for the PI coin at present are serious warning signs.
The intended use of the PI token is still a vision and not yet validated by real adoption and a functioning ecosystem.
Pi Network's official distancing from listings and warnings against speculation increase caution.
The Founders:
Pi Network is a cryptocurrency project that seeks to make cryptocurrencies available to ordinary users through a mobile application where they can "mine" PI coins with minimal impact on their phone battery.
A key element is building community and expanding the user base through a simple "mining" mechanism and referral system.
The project is still in the early stages of development (Enclosed Mainnet) and PI coin currently has no real market value or official listing on exchanges.
Where does the money for the project come from and who funds it:
Official information on Pi Network funding is limited and unclear. The project is not transparent about its funding sources.
Pi Network is not known to have gone through traditional investment rounds (e.g. seed round, Series A, etc.) with venture capital funds.
Possible sources of funding (speculation and conjecture):
Founders' own funds: the founders of Pi Network are Stanford graduates, it is possible that they initially funded the project from their own savings.
Merchandise sales and advertising revenue (limited): Pi Network sells merchandise (clothing, accessories with the Pi logo) and the app may display ads (albeit to a limited extent). However, these revenues are probably insufficient to fund a large-scale project.
Future fund from pre-mined PI coins (uncertain): Pi Network has pre-mined a certain amount of PI coins to be used to fund the development of the ecosystem and the operation of the project. However, the details of this fund and its management are not transparent.
Potential future investments (uncertain): If Pi Network manages to launch Open Mainnet and gain real value, they could attract investments from cryptocurrency funds or investors in the future. However, this is currently only speculation.
Conclusion: the Pi Network's funding sources are unclear and non-transparent. There is no clear and verified model of how the project generates revenue and who funds it. This is a warning sign and a cause for caution.
What does PI Network mean and what is the use of their token:
PI Network = Pursuing Cryptocurrency for the Masses: the project seeks to make cryptocurrencies accessible to everyday people through an easy-to-use mobile app and "mining" without technical knowledge.
Mobile "mining" = Distribution of tokens for activity.
Intended use of PI token (vision):
A digital currency for peer-to-peer transactions in the Pi Network ecosystem.
Fuel for applications and services in the Pi Network ecosystem under construction (Pi Apps Platform, Pi Marketplace, etc.).
Reward for contributors to the network (users, node operators in the future).
Current reality = No real value and limited use: *PI token has no real market value at the moment, is not tradable on exchanges, and the intended use in the ecosystem is still a vision and under development.
Mining applications and user data:
Scope of data collection:
The scope of data collected by Pi Network is quite broad, and includes sensitive personal data (especially during KYC).
Transparency and information: information about exactly how Pi Network handles data, how it secures it, and how long it keeps it is not always clear and transparent. Pi Network's privacy policy may be general and lacking in detail.
Data centralization:
Data is likely to be stored on Pi Network's centralized servers, which *increases the risk of data leakage, misuse of data, or misuse of data by government authorities.
It is unclear how Pi Network will use the data collected in the future. There is *potential for misuse of the data for marketing purposes, targeted advertising, or even for selling the data to third parties. So far, there are no clear guarantees that this will not happen.
KYC process requires sharing sensitive personal documents with Pi Network. The security of the storage and processing of this data is key. It is not entirely clear what security mechanisms Pi Network uses to protect KYC data.
Conclusion:
The Pi Network app collects a wide range of data, including personally identifiable information, app activity data, and potentially other data. The extent of data collection and transparency of data handling are privacy concerns. Before engaging in the Pi Network, you should be aware of the risks associated with data collection and consider whether it is worth the potential (but uncertain) future gain from PI Coins. Privacy should be a key factor in your decision.
Pi Network is a controversial cryptocurrency project with an unclear future.
The marketable concept of mobile "mining" and community building is no guarantee of real value and success.
The lack of an official market cap, non-transparent funding, and no real market value for the PI coin at present are serious warning signs.
The intended use of the PI token is still a vision and not yet validated by real adoption and a functioning ecosystem.
Pi Network's official distancing from listings and warnings against speculation increase caution.
The Founders:
I am not hyped about Pi, and I don't think it will be a tradeable cryptocurrency with any real value any time soon. Nothing is going to change in that regard come Feb 20. And I would benefit if there was anything to it.
They just have all of our data, and are showing us ads
They just have all of our data, and are showing us ads
What price? Pi isn't listed or traded anywhere?
#PiNetwork
Pi Network(P) Price Prediction.. 💰 🤑
Pi Network has announced its Mainnet launch scheduled for February 20, 2025. Following this announcement, the price of Pi Coin (PI) surged by 70%, reaching over $90 before stabilizing around $80.91.
Price predictions for Pi Coin vary among analysts:
💥 CoinCodex projects that Pi Network's price could reach $273.98 by 2029, representing a 247.36% gain from today's price.
💥 CoinCheckup forecasts a price of $114.03 for Pi Network one year from now, indicating a 167.51% increase from its current price.
💥 CoinGabbar suggests that if Pi achieves mass adoption and forms strong partnerships, its price could range between $200 and $350 in 2025.
It's important to note that these predictions are speculative and depend on various factors, including market conditions, adoption rates, and technological developments. As with any investment, especially in the cryptocurrency market, there are inherent risks. Potential investors should conduct thorough research and consider their risk tolerance before making investment decisions.
#pi #PiNetworkMainnet #CryptoNewss
Pi Network(P) Price Prediction.. 💰 🤑
Pi Network has announced its Mainnet launch scheduled for February 20, 2025. Following this announcement, the price of Pi Coin (PI) surged by 70%, reaching over $90 before stabilizing around $80.91.
Price predictions for Pi Coin vary among analysts:
💥 CoinCodex projects that Pi Network's price could reach $273.98 by 2029, representing a 247.36% gain from today's price.
💥 CoinCheckup forecasts a price of $114.03 for Pi Network one year from now, indicating a 167.51% increase from its current price.
💥 CoinGabbar suggests that if Pi achieves mass adoption and forms strong partnerships, its price could range between $200 and $350 in 2025.
It's important to note that these predictions are speculative and depend on various factors, including market conditions, adoption rates, and technological developments. As with any investment, especially in the cryptocurrency market, there are inherent risks. Potential investors should conduct thorough research and consider their risk tolerance before making investment decisions.
#pi #PiNetworkMainnet #CryptoNewss
Will this ever be listed anywhere?
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