Some people regard the pi network as a tool to make short-term profits or become rich, while others are getting hot. We can either tolerate these negative things, or stay away from them or shield them.
Pi community apps that have complied with Ecosystem listing guidelines and completed PiNet migration by May 28th, 2025 can secure their domains without bidding, with certain requirements and restrictions. Read the blog on this topic to learn more: https://t.co/Z4KW0JOC1T
🌟 GM Pioneers! 🌟
With 70 million users, including 19 million KYC-verified pioneers, Pi Network offers access to a global community of forward-thinking travelers eager to book accommodations using Pi cryptocurrency.
A Pioneer from the #PiPapa community visited a Pi store, made a payment with Pi, and left a satisfying review.
*This place is also a registered store on the Pi Store.
#Pi#PiNetwork#Picoin#파이#파이코인#파이스토어#파이파파
Pi Network has released two-factor authentication (2FA) for wallet confirmation that requires some Pioneers to complete 2FA using a trusted email before their Pi is successfully migrated to the Mainnet blockchain.
https://t.co/R1vWWIOXMK
This secures and confirms Pioneers’ Pi Wallets, supporting the security of Pioneers’ accounts and their Pi.
Certain Pioneers who migrated their Pi to Mainnet over the last few weeks—but are still within the 14 day pending period—will also need to complete 2FA; otherwise, their Pi will be securely returned to their mining app. After the completion of the 2FA, their same balance will get migrated again.
Read the full announcement to learn more!
🔥WHY TRADERS GET IT WRONG ABOUT #PINETWORK!
1. The market cap fallacy in crypto: Most traders are used to traditional market cap calculations, but they fail to grasp liquidity and transaction speed.
🔴 Common mistake: "Higher market cap = Higher price"
✅ Reality: In crypto, market cap is just a calculation (circulating supply × price). It does not reflect actual liquidity or usability.
📌 The Big Misconception:
🔸Traders assume that if Pi’s market cap were to reach $100B, its price couldn’t grow further.
🔸They ignore the fact that high transaction speed reduces the need for a large market cap.
💡 Key insight: If a currency can be rapidly reused multiple times per day, it doesn't need an enormous market cap to support large transaction volumes.
2. Lack of economicknowledge – The impact of transaction speed: Crypto traders are used to slow financial systems (SWIFT, bank transfers, Ethereum-based USDT). They don’t realize that:
🔸In slow systems, funds must remain idle to ensure liquidity. → Requires higher market cap.
🔸In fast systems (like Pi), money can flow quickly, reducing the need for high market cap.
📌 Example:
🔸SWIFT system: A business needing $100M daily in transactions must hold $100M because transfers take 24 hours.
🔸Pi Network: With near-instant transactions, the same business only needs $10M because funds can cycle 10 times per day.
🔴 Trader Mistake: They fail to understand that faster transactions reduce the need for a high market cap.
3. Lack of tech knowledge – Applying Bitcoin thinking to Pi: Most traders are only familiar with Bitcoin and Ethereum, which are:
❌ Slow (transactions take minutes or hours)
❌ Expensive (high gas fees)
❌ Limited (scalability issues)
Pi operates differently:
✅ Instant transactions
✅ Zero transaction fees
✅ Highly scalable network
🔴 Trader Mistake: They assume Pi operates like Bitcoin/Ethereum and ignore its unique technology.
4. Speculation vs. Real-World Value
Most traders are:
🔸Focused on short-term price swings (FOMO, pump & dump).
🔸Obsessed with market cap and hype rather than real adoption.
🔸Preferring high volatility coins for quick gains, while Pi is designed for stable, sustainable growth.
🔴 The Problem: They ask, "How much can Pi pump?" instead of "How will Pi be used in the real world?"
5. Conclusion
⚡ Crypto traders misunderstand market cap because they lack both economic and technological insights.
⚡ They ignore how transaction speed affects liquidity needs.
⚡ They wrongly apply Bitcoin/Ethereum logic to Pi Network.
⚡ They prioritize speculation over real-world utility.
📌 Final Thought: Instead of attacking these traders, the Pi Network community should educate them. They are simply misguided, not enemies.
💬 "Hate the sin, but love the sinner." – Mahatma Gandhi
#PiNetwork #Pi #Picoin #Crypto #Trader
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📢If you agree with this statement, repost and spread the word so more people don’t make this mistake! 🔄