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Turns out, Pi’s drawdown is still quite better than $C98 —since it has only split 97% so far, instead of ~99% like C98. These two have the same thing going for them: they both use chart-build methods similar to each other, which is a typical model for those low-quality coins that build charts to dump. Another similarity is that both were shunned by the majority of the community due to human factors: Pi is hated because Pi holders are blind and reckless + aggressive; C98 is hated because its CEO preaches and doesn’t talk about their own product😄
Back then, @grok calculated a reasonable price $PI around 0.05~0.15, and #Pi holders said “If it drops below 0.5, Pi has nothing,” then “The market’s about to blow up”… bla bla. There was some analysis and reminders, but Pi holders swarmed in to curse me—Ponzi scheme, scam to lure victims, all kinds of nasty comparisons… enough of everything.
Aizzz... Do you all remember why shorting is always easier than longing? When the price goes up, it definitely has to come down, but when the price goes down, it doesn’t necessarily have to bounce back—because it could just keep dropping until it gets delisted. At that time, the exchange had already run out of Pi, okay—sister, uncles, aunts, and everyone in our family. Remember this to help me. C98 the same. Hoping the XEOs push the price to prove that I’m wrong 😂
#VanMei