Crypto赐哥

Listing PI on Binance? Don't treat the community as a harvesting machine!
Do you really think that saying 'list on Binance' is like chanting a spell, and just by shouting it a couple of times, the coin price will skyrocket? Now there’s a vote to let the community decide whether PI should be listed on Binance—on the surface, it sounds democratic, but behind the scenes, they're calculating profit—wanting to ride the traffic wave, not taking the risk, and shifting all the blame onto the retail investors. This operation is truly hypocritical!

First, is the voting motive pure?
They claim 'community autonomy,' but what they really want is for retail investors to bear the risks. Listing on Binance sounds glamorous, but the project team knows the reality: once listed, the price will be controlled by big players, the community will engage in infighting, and regulatory crackdowns will follow. How is that not a disaster? Now they’re holding a vote, just waiting for the crash to shrug their shoulders and say, 'It was your vote!'

Second, is traffic the father and risk the son?
Want to ride the heat from being listed on Binance? Look at those 'sky-high at launch' meme coins; which one hasn’t spiked for three days and then gone to zero in three years? Traffic comes in, the project team brags on Twitter, and retail investors buy high and then curse. Do they really think Binance is a savior? Once they collect the listing fee, your project's success or failure is none of their concern!

Third, the ironic blame-shifting guide
The phrase 'community decides' is quite clever! If profits are made, it's because the team is brilliant; if losses occur, it's because you were blind. When PI gets dumped, the project team can still sarcastically say, 'I told you not to vote randomly.' This move is like a blockchain version of a 'disclaimer,' just short of writing 'retail investors deserve it' into the white paper!

Conclusion: If you have any shame, don’t ride the wave; if you do ride it, be ready to take the blame.
If you really want to do a good project, first solidify the code and ecosystem, and stop thinking about how to use voting to make retail investors self-indulge. If you must get listed on Binance, please add a note in the announcement: 'Don’t come looking for me when it crashes; it was your choice!' #参与投票-PI该上线币安吗？ #加密货币普及

Interpretation of the Current Situation in the Crypto Circle
The current state of the cryptocurrency market is getting murkier. Even Ethereum founder Vitalik Buterin openly complained: "The atmosphere in this circle is too bad, I feel like running away!" In fact, many big names in the industry share the same sentiment — the crypto market has completely changed.

The current situation is a mad frenzy on both ends:
Project teams act like casinos: dozens of new coins pop up every day, 90% of which are worthless tokens. These people set up a website, write a white paper, and start luring newcomers into their schemes via WeChat groups. Just the other day, there was a "Metaverse Dogecoin," which turned out to be a web game created by a college student in just three days. Traders are like gamblers: now, among the new entrants, nine out of ten don't even know what a wallet is. They only ask, "Which coin can double tomorrow?" Leveraging their investments, they end up liquidating and then seek to recover their losses. Recently, a guy even mortgaged his house to buy a worthless coin, and now he’s still waiting on the roof. But there's no need to panic about Ethereum this time: the drop from $3600 to $2100 wasn't primarily due to project issues, but rather a chain reaction caused by leveraged traders getting liquidated. It’s like when someone suddenly shouts, "The city management is here!" and everyone rushes to escape, trampling each other. Looking at history, on March 12, 2020, ETH was halved to $87 in a single day; how many people were crying and shouting back then? Four years later, it has increased thirty-fold. Now, $2700 looks scary, but in two years, we might look back and see it as just the foot of a mountain.

What are the big names arguing about:
Exchange boss CZ said: "Vitalik is just a tech nerd who can't communicate; Ethereum is still a solid second-largest coin." This statement is like a real estate agent saying: "Even though the property management is terrible, this location is valuable!" What Vitalik is actually worried about is that everyone is focused on trading coins to get rich, and no one is seriously developing technology anymore. It’s like planning to build a smartphone, but everyone ends up just reselling phone cases.

What should ordinary people do:
Don't believe in the nonsense of "getting rich overnight." If you see "top-tier projects" or "hundred-fold coins," blacklist them. If you really want to buy coins, focus on the top five established coins; 99% of new coins are just traps for newcomers. The current Ethereum at $2100 is like an iPhone on sale during Double Eleven. There's no guarantee it will rise, but at least it's ten times more reliable than buying counterfeit coins. This circle is now like a vegetable market, with worthless leaves (air coins) scattered everywhere, hiding a few real emeralds (good projects). We ordinary people don’t seek to find great bargains; being able to distinguish between cabbages and emeralds is already good enough.