My alma mater RPI has a classically refined academic atmosphere and the people out of it are rigorous and pragmatic.
As long as 10% of the population holds a certain unshakable belief, then the belief will be held by the majority of society and the idea will spread like a flame.
I am particularly bullish on Bitcoin strategic reserve.
I added $millions in Bitcoin ETFs (IBIT, BITU2x) last week when they were deep down to 78K-84K.
The huge obstacle facing Pi is that the 70 million miners are not even allowed to start selling their base tokens.
Thus, volatile Pi spooked investors, going from 1.99 to 0.65, then to 2.92, and now 1.67.
Investors are clearly aware of this and only make short-term gambling.
Pi’s not far from the mainnet launch, it is time to analyze and predict what price is most likely to debut.
As has been said, Pi Network needs huge investment interest from the demand side or a massive buying frenzy to push prices up.
If can’t, the lowest pricing inevitable.
Before PCT and millions miners have not yet begun to sell, Pi drops sharply.
Investors are not fools, and speculators will not sit still and wait for death.
Even I myself am constantly changing my trading strategies. Selling high and buying low is the way to make good money.
💥UNVERIFIED:
Trump's Crypto Czar David Sacks is set to announce the strategic #Bitcoin reserve at the White House Crypto Summit on March 7!
If real, it’s insanely bullish!
Before going on Mainnet, there is publicity, promotion and even hype. After listing, you get real money and further hype will only be counterproductive.
In the public trading market, Pi trading is no different from stocks. Supply and demand determine Pi pricing or everything.
While Pi dropping sharply through profit taking, Bitcoin’s gap now from 78K-81k is filled.
It didn’t create the sell off shorts intended.
BTC and Pi should go back soon and strong, likely creates more than enough momentum to continue on to the breakout.
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Technically, the recent rise in Pi price has little to do with fundamentals.
When other cryptocurrencies collapse, money flows into Pi.
As for when miners are allowed to trade in big volumes in the future, it’s not too late for investors to sell before the selling storm hits.
Pi is currently a buyer's market.
Investors are very smart.
They know that per the rules, tens of millions of miners cannot enter the market to sell on a large scale and trigger a plummeting price of Pi.
This is a once-in-a-lifetime window of time to take advantage of dips.
Approximately how many Pi miners in mainland China have failed KYC?
That doesn't mean they don't want to, but unfortunately for some reason they can't.
It looks like they'll never get over this hurdle, as the deadline is approaching...
A Plea to the Pi Network Core Team
Dear Dr. Nicolas Kokkalis @nkokkalis, Dr. Chengdiao Fan @Chengdiao, and the Core Team @PiCoreTeam ,
First, congratulations to Dr. Nicolas Kokkalis, Dr. Chengdiao Fan, the entire Core Team, and all Pioneers on the launch of Pi Network’s Open Network. After six years of dedication, we have built something groundbreaking—a decentralized revolution that has defied the odds. With over 70 million Pioneers across 200+ countries and regions, Pi Network has become a force in the crypto space.
However, as we celebrate this milestone, many Pi Ambassadors now face the loss of their unverified Pi rewards—coins they worked tirelessly to earn. In less than 24 hours, all unverified Pi will be forfeited if referral members have not completed KYC.
The Reality for Pi Ambassadors:
1) Pi Ambassadors helped grow the network, promoting Pi to family, friends, and colleagues—without financial incentives, only belief in the vision.
2) The whitepaper never stated that unverified Pi from referrals would be lost if those members failed KYC.
3) Long delays caused many referral members to lose access, give up, or assume Pi was never launching—factors beyond Ambassadors’ control.
4) Now, many Ambassadors stand to lose the majority of their hard-earned Pi, despite following the original rules.
A Fair Solution:
To balance fairness and network integrity, we propose a 3-year lock period for unverified Pi instead of outright forfeiture. Pi Ambassadors were instrumental in Pi’s growth. Their efforts should not go unrewarded. We urge the Core Team to reconsider before these coins are permanently lost.
To all Pioneers who support this cause—make your voice heard. Share, comment, and engage.
Sincerely,
Dr. Picoin
On behalf of all Pi Ambassadors
@nkokkalis@Chengdiao@PiCoreTeam
Since Pi is now a traded cryptocurrency, unnecessary hype must stop to avoid damaging its credibility and chances of attracting new investors.
Most Pi miners prefer to sell if allowed, and only new investors can generate strong demand to push Pi higher.
See how it works now..
If you want Pi to go up, buy, not sell.
The price of Pi is holding steady above $1 as new investors are buying in.
If millions of pioneers sell like crazy, a crash will start soon.
PiNetwork rules do not allow this to happen, which helps Pi prices remain relatively stable.
Strong message from smart man.
Former Binance CEO Changpeng Zhao believes Bitcoin could eventually reach $1 million, although it fell below $87,000 today.