Can Pi Network help the crypto market recover from difficulties?

[jeraldskie11]

Shock check current lower price of Pi coin, today dropped to $0.4 but bit interested for scalper trade with Pi coins how increasing significant almost 100% after Pi coin bounce back to $0.75. Just take short moment for Pi trader how faster take profit after Pi dump drastically and hit almost 100% from lower price without take longer time.
Another time, interested for trading with short term moment at Pi coin, believing if have another dump or lower price under $0.4 I will buy back as much possibility and set up for selling above $0.8.

Be careful if you want to buy Pi, because tokens continue to be sold in large quantities by someone. Now the supply in the market is increasing, the community is no longer respectful, this will worsen the decline in the price of Pi and it will be difficult to rise again.

The second migration is happening, so we expect that the price will go down since those who migrated their coins to their wallet are likely to sell it. Many people are waiting for this second migration to happen, so we expect that they are eager to sell their PI. If you want buy, you should buy with caution. If possible, do not invest at this month, estimate what day they finish selling or analyze the chart.

[Mr. Magkaisa]

Pi Network will not do anything for the market. Even if it was any good, it is too small to move any cryptocurrency markets to normal levels.

We have to stop asking if various cryptocurrency projects will help contribute to relieve market difficulties, because they do not have that sort of power. Power only lies with traders (en masse), governments, celebrities, and whales.

     -       That's actually what I was thinking, then I also noticed that when the price of bitcoin is in a rally, there is a short pump in the price of Pi, in short, the opposite is happening to them and Bitcoin. Which is in my opinion not good for an altcoin.

It is not at the level of Ethereum, Bnb, Ada, Pepe, shib and others, it is really a potential cryptocurrency. Meaning from what I see when the price value of Bitcoin really rallies, it is possible that it will really leave pi behind or its price will really sink in my opinion and opinion only.

[Rubel007]

Pi Network will not do anything for the market. Even if it was any good, it is too small to move any cryptocurrency markets to normal levels.

We have to stop asking if various cryptocurrency projects will help contribute to relieve market difficulties, because they do not have that sort of power. Power only lies with traders (en masse), governments, celebrities, and whales.

It is not at the level of Ethereum, Bnb, Ada, Pepe, shib and others, it is really a potential cryptocurrency. Meaning from what I see when the price value of Bitcoin really rallies, it is possible that it will really leave pi behind or its price will really sink in my opinion and opinion only.

We see many good projects that initially show the potential that they may have a big impact on the market or that project will gain widespread acceptance worldwide but over time, how many of those projects have disappeared. Some projects are no longer even heard of. Many of us thought a lot about Polygon or Matic but what is the status of those projects? Again, we are also expecting good things from Ton Network, although its impact is not over yet, but altcoins continue like this. That is why no matter how much we think about Pi, we should not be too optimistic about their future.

[|MINER|]

We see many good projects that initially show the potential that they may have a big impact on the market or that project will gain widespread acceptance worldwide but over time, how many of those projects have disappeared. Some projects are no longer even heard of. Many of us thought a lot about Polygon or Matic but what is the status of those projects? Again, we are also expecting good things from Ton Network, although its impact is not over yet, but altcoins continue like this. That is why no matter how much we think about Pi, we should not be too optimistic about their future.

Sometimes I laugh at some questions, and especially at questions like this, where Bitcoin is struggling to make a correction, how can they say or think that an altcoin like PIcoin will recover the entire market from difficulties? lol

I think Pi Coin will perform worse than Polygon i.e. matic coin in the market. It is possible that we may even see them disappear after a while.

[Dr.Bitcoin_Strange]

I would like to know your opinion on this:

• Do you believe in the PI value?
• Will you invest in PI?
• Do you think PI will provide momentum for the crypto market's resurgence?

As of when the coin was listed, it really showed a great momentum but we can not define the future by the present. So many projects started well like that but didn't end well. If the project's team do not abandon pi, if they continue to implement new features on the project and continue to market their coins, and bring community that can allow the utility of the coins to be valid, it will do well.

[DaNNy001]

Shock check current lower price of Pi coin, today dropped to $0.4 but bit interested for scalper trade with Pi coins how increasing significant almost 100% after Pi coin bounce back to $0.75. Just take short moment for Pi trader how faster take profit after Pi dump drastically and hit almost 100% from lower price without take longer time.
Another time, interested for trading with short term moment at Pi coin, believing if have another dump or lower price under $0.4 I will buy back as much possibility and set up for selling above $0.8.

Be careful if you want to buy Pi, because tokens continue to be sold in large quantities by someone. Now the supply in the market is increasing, the community is no longer respectful, this will worsen the decline in the price of Pi and it will be difficult to rise again.

The second migration is happening, so we expect that the price will go down since those who migrated their coins to their wallet are likely to sell it. Many people are waiting for this second migration to happen, so we expect that they are eager to sell their PI. If you want buy, you should buy with caution. If possible, do not invest at this month, estimate what day they finish selling or analyze the chart.

First of all it was even a suprised to me that the pi network even launch because it has been pending it's launch for close to half a decade now and just like me I believe there are lots of person that have mistakenly locked up their asset for a very long time for me it's until 2027 because at the initial stage of locking migrated I never really paid attention to what was written and now it just bugs me how I will be able to get something off my pi come the actual price 2027.

[SmartGold01]

First of all it was even a suprised to me that the pi network even launch because it has been pending it's launch for close to half a decade now and just like me I believe there are lots of person that have mistakenly locked up their asset for a very long time for me it's until 2027 because at the initial stage of locking migrated I never really paid attention to what was written and now it just bugs me how I will be able to get something off my pi come the actual price 2027.

Lot of people have been hope of the pi network for years and now it's listed and people of course has lot of interest in holding their coin for long, but what happened is that we can't actually determine what the price would be in the long run as Pi coin has not experienced any bear run for the first time and maybe after the bear run we would determine how solid the project could be for long term.

[debra]

Lot of people have been hope of the pi network for years and now it's listed and people of course has lot of interest in holding their coin for long, but what happened is that we can't actually determine what the price would be in the long run as Pi coin has not experienced any bear run for the first time and maybe after the bear run we would determine how solid the project could be for long term.

Yes, many people hope that this coin can really be that good, and even when looking at how the buying and selling of Pi coins has not been listed, it has often happened at a fairly high price actually. It's just that, it doesn't seem to be that optimal now. Even now, the price of Pi is only around $0.54, right? I don't know what happened to the people who bought PI at that price at that time.

[Alone055]

Sometimes I laugh at some questions, and especially at questions like this, where Bitcoin is struggling to make a correction, how can they say or think that an altcoin like PIcoin will recover the entire market from difficulties? lol

As a matter of fact, PI isn't even able to recover itself.  It started losing value from $3 and is now being traded at $0.60, and people are expecting it to recover the market. There is no logic in this thought, and it's only a waste of time if we discuss something like this because it doesn't make any sense for us to think or discuss that an altcoin that came into the market just recently after giving millions of users free tokens in its airdrop can help recover the market.

And how can we forget that millions of people are still going to have their coins unlocked over time because they have locked them in liquidity or whatever it is, so as the coins start to enter the market, its circulating supply will keep increasing, and that can make the price drop even more.

[bettercrypto]

Pi Network will not do anything for the market. Even if it was any good, it is too small to move any cryptocurrency markets to normal levels.

We have to stop asking if various cryptocurrency projects will help contribute to relieve market difficulties, because they do not have that sort of power. Power only lies with traders (en masse), governments, celebrities, and whales.

It is not at the level of Ethereum, Bnb, Ada, Pepe, shib and others, it is really a potential cryptocurrency. Meaning from what I see when the price value of Bitcoin really rallies, it is possible that it will really leave pi behind or its price will really sink in my opinion and opinion only.

We see many good projects that initially show the potential that they may have a big impact on the market or that project will gain widespread acceptance worldwide but over time, how many of those projects have disappeared. Some projects are no longer even heard of. Many of us thought a lot about Polygon or Matic but what is the status of those projects? Again, we are also expecting good things from Ton Network, although its impact is not over yet, but altcoins continue like this. That is why no matter how much we think about Pi, we should not be too optimistic about their future.

Well, Pol is actually a bit quiet now but it's still not bad, the volume of POL today each day I can consider it still big. Then there are still many exchanges where it is listed for trading. I can also say that it is a sleeping giant.

There are many potential altcoins like that that are quiet but suddenly their price kicks up, most of which surprises most of the crypto community. Now about Pi,
it's up to others to believe it, it's their choice and their money.

[LogitechMouse]

It is not at the level of Ethereum, Bnb, Ada, Pepe, shib and others, it is really a potential cryptocurrency. Meaning from what I see when the price value of Bitcoin really rallies, it is possible that it will really leave pi behind or its price will really sink in my opinion and opinion only.

Well, we've seen this kind of scenario for weeks. While Bitcoin and other cryptocurrencies are going up and down, PI on the other hand keeps on going down, and down, and down.

"Road to $0.314." That's the motto of the project right now, and surprisingly, there are still people that don't know what's going on with the price, and they don't care about the price movement. The only thing that they care is to defend the project towards the people who are criticizing the project. Well, I'm with your opinion that the project will sink. I've seen a picture online where there are many people waiting to buy at $0.10 (around tens of millions).

The only coin that has that kind of movement where it goes down more than 90% are scam coins, abandoned coins, and shit coins. It's my first time to see that kind of coin where yes, it has a large community, but the token doesn't go up.

[Lucius]

Regardless of it's price and position on CoinGecko/CoinMarketCap, i still don't trust Pi Network due to these reasons,
1. Their mobile apps actually do not perform mining (as in perform some computation with CPU or GPU).
2. People can start "mining" before their network/blockchain is running.
3. You need to perform KYC to claim coin you "mined". This occurrence never happen on any decentralized PoW coin.

These are precisely the reasons why I have always expressed doubts about this project and have never wanted to participate in it. Some people asked me for my opinion at the time and I clearly told them what I thought about it, but maybe it was better if I kept quiet, because some people think they could have made something if they had been mining on their smartphones for 5 years (or whatever).

What I'm interested in (if anyone knows) is whether we know who is really behind that project and whether it was just a long-term scheme to extract as much money as possible through advertising through the app and then use the listing on CEXs to dump as many coins as possible and literally get rich overnight?

[jeraldskie11]

Shock check current lower price of Pi coin, today dropped to $0.4 but bit interested for scalper trade with Pi coins how increasing significant almost 100% after Pi coin bounce back to $0.75. Just take short moment for Pi trader how faster take profit after Pi dump drastically and hit almost 100% from lower price without take longer time.
Another time, interested for trading with short term moment at Pi coin, believing if have another dump or lower price under $0.4 I will buy back as much possibility and set up for selling above $0.8.

Be careful if you want to buy Pi, because tokens continue to be sold in large quantities by someone. Now the supply in the market is increasing, the community is no longer respectful, this will worsen the decline in the price of Pi and it will be difficult to rise again.

The second migration is happening, so we expect that the price will go down since those who migrated their coins to their wallet are likely to sell it. Many people are waiting for this second migration to happen, so we expect that they are eager to sell their PI. If you want buy, you should buy with caution. If possible, do not invest at this month, estimate what day they finish selling or analyze the chart.

First of all it was even a suprised to me that the pi network even launch because it has been pending it's launch for close to half a decade now and just like me I believe there are lots of person that have mistakenly locked up their asset for a very long time for me it's until 2027 because at the initial stage of locking migrated I never really paid attention to what was written and now it just bugs me how I will be able to get something off my pi come the actual price 2027.

That's true. Many people have mistakenly locked up their PI for 3 years because they didn't notice it, instead they had focus on the rewards multiplier they get if they slide the button to maximum. And I don't think if there's a chance to change the locked up period, as far as I know it's impossible. I hope you guys who got the same problem will get the price more $5 that time so that it's worth to wait.

[|MINER|]

As a matter of fact, PI isn't even able to recover itself.  It started losing value from $3 and is now being traded at $0.60, and people are expecting it to recover the market. There is no logic in this thought, and it's only a waste of time if we discuss something like this because it doesn't make any sense for us to think or discuss that an altcoin that came into the market just recently after giving millions of users free tokens in its airdrop can help recover the market.

And how can we forget that millions of people are still going to have their coins unlocked over time because they have locked them in liquidity or whatever it is, so as the coins start to enter the market, its circulating supply will keep increasing, and that can make the price drop even more.

I would say that what you are saying or what we are seeing is actually the trailer of the movie, the whole movie is yet to be seen.
I mean, the $0.60 price that we are seeing now, I don't think that in the next year, we will see the price of $0.10. Maybe it will drop more on the next years as when the supply will increase the price will more drop. And in the last I think we will see a indirect rugpull from the picoin. So I think it would be nothing but foolish to trust Pi coin and invest in it or think it is the reason for the market recovery.

[KryptoBull]

I would say that what you are saying or what we are seeing is actually the trailer of the movie, the whole movie is yet to be seen.

I mean, the $0.60 price that we are seeing now, I don't think that in the next year, we will see the price of $0.10. Maybe it will drop more on the next years as when the supply will increase the price will more drop. And in the last I think we will see a indirect rugpull from the picoin. So I think it would be nothing but foolish to trust Pi coin and invest in it or think it is the reason for the market recovery.

It seems like our expectations for the positive impact of PI on the entire crypto market haven't come true. PI has dropped in price significantly, disappointing the PI holders community and turning many of them into crypto anti-fans

I can't predict the PI price in the coming weeks or months, it seems everything depends on the price manipulation plans of the Founders and the Market Makers. If they want to accumulate, they will dump the price to buy more, conversely, they will pump to take profits.