垂钓人生

🚀While the market is resting, Pi is planning its own course. Our ecosystem has over 60 million users, and its strength is undeniable. This is not just about numbers; it's about co-building a stable, utility-oriented future✌#PiNetwork #Web3 #PiNetwork

Behind the Pi Coin Frenzy: A Darkly Humorous Scam!

Yesterday, the price of Pi Coin surged to 3 dollars, sending shockwaves through the cryptocurrency world. But upon closer inspection of this glorious report card, it is merely a puppet show orchestrated by the project team—99% of the coin holders haven't even opened their wallets, and the so-called market value resembles a house of cards, just a numerical game.

This virtual giant with a "market value of 300 billion dollars" is actually built on an unlocked volcano. Thousands of users stare at their empty wallet interfaces every day, as if guarding an illusory dream. The project team performs the "mainnet launch" with great fanfare, yet worries about the bubble bursting behind the scenes; this approach of wanting to maintain excitement while fearing a collapse resembles a circus act juggling flaming torches.

An even bigger spectacle is yet to come: when the project team finally lifts the “seal,” how will the scene look as tens of millions of users flood to the exchange? The withdrawal channels of the exchange may become as congested as the “Spring Festival travel rush,” and the price trends will likely fluctuate violently like a roller coaster.

Now, the only turning point is whether the project team can launch the “eco-rabbit” on the 28th. After all, in the blockchain world, a public chain without practical applications is like a circus without animals; no matter how beautiful the lights and shadows, it will eventually be seen through. If they continue to delay with “technical upgrades,” even the most loyal supporters will start to doubt whether they have been playing a mere illusory numerical game after mining for three years.

#pi Network on Binance? If yes What Will Be the Price?

With only a few hours left for the voting to list Pi Network’s $PI on Binance, a massive 86% of voters have already said YES! 🔥 This means there’s almost no doubt that $PI will soon be listed on the world's biggest exchange.
Right now, PI is trading at around $2.3 with an estimated $20 billion market cap on unofficial markets. But once Binance lists it, liquidity will increase, FOMO could kick in, and a new wave of investors might jump in.
Now, let’s break it down with some basic math:

📌 If $PI is $3 at a $20B market cap, then:
At $10, the market cap would be $66.6B
At $50, the market cap would be $333B (competing with BNB!)
At $100, the market cap would be $666B (challenging Ethereum!)
🚨 Could we see a price correction, a spike, or even price discovery mode like we've seen with other big listings?

#PiNetworkMainnet #PiOnBinance

The cohesion of π friends is not to be underestimated,
Do you think it will be pi?
Come to the comments to dig it out, thank you👀
$SOL

#pi Pi is a social practice participated by 50 million ordinary miners in more than 200 countries around the world. After 6 years of precipitation, the spread of traffic has affected hundreds of millions of people. Different from the previous structure of coin holders. Pi is staging a new revolution. Its unique kyc mechanism shows the outside world that decentralization and kyc are not in conflict, and it is more legal and compliant. Pi's ecological application is also a very scary existence.

Colin Wu reminds everyone that PI (Pi Coin) has been classified as a crime in the country, and advises against reporting or participating, especially for those who still want to return to the mainland. Pi Coin, in English known as 'Pi Network', abbreviated as 'π Coin', claims to be a blockchain project launched by a team of PhDs from Stanford University, asserting that it can be mined for free via mobile phones, and may even become the next Bitcoin. However, in reality, many criminals utilize Pi Coin for scams, particularly targeting the elderly. They spread false advertisements claiming that simply downloading the app allows easy mining, and expand their victim base through lectures, recruiting downlines, and offering referral bonuses, even selling users' personal information to defraud the elderly of their pensions.

Colin Wu also mentioned that recently a friend of his was implicated because their product was exploited by a pyramid scheme gang, facing direct legal risks. Pyramid schemes and their related industries are currently under strict crackdown, and once involved, the consequences can be very serious. He reminds everyone to have legal awareness and not to harbor a sense of invincibility. Although it may seem that nothing has happened for now, once issues arise, it could lead to disastrous consequences for the entire family. Therefore, it is essential to stay away from such projects and avoid crossing legal boundaries.

Pi coin is listed on OKEx, is it a myth of getting rich quickly or a new way to cut leeks?

Pi coin announced its listing on OKEx (OKX) exchange. As soon as the news came out, the entire currency circle exploded. Pi coin, known as the "ancestor of mobile mining", has finally emerged from the gray area, but the story behind it is not that simple.

Pi coin is a "hot commodity" in the eyes of the middle-aged and elderly groups. The slogan of zero-cost mining has attracted more than 35 million users worldwide.
The seemingly simple mining game actually hides a mystery:
Recommended rebate pyramid: For every head pulled, 30% mining acceleration is rewarded.
Hungry marketing: "Early participants will receive a thousand-fold return."
Brainwashing community operation: "Wealth lectures" three times a day in the morning, noon and evening.
These routines have allowed Pi coin to spread rapidly, but they have also caused conflicts in many families. According to data from the anti-fraud platform, in 2022 alone, more than 200 middle-aged and elderly people had fierce conflicts with their children because of investing in Pi coin.

The technology of Pi coin has also been questioned. Technical expert Li Ming pointed out: "The blockchain of Pi coin is still a centralized server. The so-called main network has been delayed five times in three years. This is more like an advanced point game than a cryptocurrency."

The blueprint of the financial empire drawn by the project party is becoming more and more bizarre: from decentralized social networking to cross-border payments, and even to building a metaverse economic system. But the reality is that the transfer success rate of its wallet function, which has been tested for three years, is still less than 60%.

In this national carnival, the most dangerous thing is cognitive dislocation. Lao Chen, a 60-year-old Zhejiang businessman, mortgaged his property to buy Pi coin. He firmly believes: "Didn't no one believe in Bitcoin at the beginning?"

Coin circle analysts gave amazing data: 94% of the "innovative currencies" that landed on second-tier exchanges in the past three years returned to zero within half a year. Those projects that claimed to subvert the financial order eventually became bloody nutrients in the exchange's traffic pool.

When the sword of supervision was hanging high, the exchange and the project party staged the last crazy dance. In this game of passing the flower, those who can really get away unscathed are always those who quietly leave before the gong sounds. What is left for ordinary investors may only be a string of numbers that can never be withdrawn, and a mining button in the phone that will never light up again.

#Pi币 #欧易交易所 #币圈骗局 #加密货币

Can this round of Yitai still rise? Now many people in the market are scolding Yitai for being rubbish and Erbing for not being good. My view is that this round of Erbing should be between 12,000 and 15,000. Let me share my personal opinion!

Yitai is still irreplaceable at present. At least I have not found any coin that can replace it. For those who say that Sol and XRP can surpass ETH, I only ask one question. As the leader of the cottage, can the rise and fall of the cottage drive the rise and fall of other cottages? Can Sol? Can XRP? Can ETH? The reason why so many people scold Yitai is not because they hold Yitai, but because if Yitai cannot rise, the cottage cannot rise. And those real big players, the main force, are still quietly blessing. Are they stupider than you? You think carefully!

In the last post, I said that the current situation is a head and shoulder bottom of a super long cycle. We will see 5800 first. During this period, there will be selling pressure and callback at 4000 and 4800. 2900 is the big bottom. I have also called for bottom-fishing many times. There is no need to split positions at this position. Just go all-in. Some people objected that the head and shoulder bottom has not yet formed and we have to wait for a breakthrough of 4100. Trading is based on expectations. I want to say that if we really wait for a breakthrough of 4100, then the opportunity will be lost. Then yesterday, it fell from 3472 to 3300 and many people called for a collapse again. I said that 3200-3300 is a strong support and we should go long boldly.

At present, the 4-hour level is in a central divergence, and a strong reversal signal appears at the bottom. The big positive line breaks through 3200 strongly, forming FVG at 3200-3300, which will attract the price back to this range again, that is, the 2 buy of the contract boldly enters the market. We put it into a 1-hour cycle and find that this area has a very standard 2B pattern, and the retracement does not break the previous low. For the current trading strategy, I choose to open a long position at 3291 at the market price, and the stop loss is placed at 3260. Once it leaves the cost range, push the protection first.

The above is purely personal key, thousands of people have thousands of faces, don't spray if you don't like it!