#pi

Now give up any illusions. Last year in the second half, I stated here that Pi would inevitably drop below $0.1, which triggered a massive backlash from all sorts of internet keyboard warriors across the entire community. You can figure out the reasons yourself. I truly admire those very few true believers: starting from last year when Pi was $1.8 per coin, they have been making fixed monthly purchases and even launched a sustained movement on X, continuously updating their buy screenshots on social media. Their spirit is commendable.

Brothers, abandon all self-hypnotizing brainwashing and see clearly: as long as the node miners are not given mapping, a truly peer-to-peer distributed ledger network cannot be formed. Stop believing those mindless streamers on the internet spouting nonsense about "greatness."

Once the node miners are mapped, the released supply and human panic will create a wave of selling pressure.

After Old Four (the Pi founder couple) finishes mapping for compliant users, the selling pressure will be even greater. So a historic flood is bound to happen.

Those who rushed ahead of you and were stubborn are already trapped, with no hope of breaking even. Those who went long with leverage—bankruptcies may not reach a million, but no less than half a million. In the secondary market, the only ones profiting and feasting are the long-term short sellers. Study the issues carefully yourself.

Cancel your buy orders at $0.1. A wick to $0.08 is inevitable. If you want to gamble, at least gamble at relatively low prices. Stop talking about some bullshit vision or "understanding the project." That's just a joke deceiving your own ignorance.