$PI Oh my god, how am I supposed to live? Pi has ruined me. Pi fell again. A 10% drop used to mean: “Just a normal correction.” A 20% drop: “The big players are shaking out the weak hands.” A 30% drop: “The final drop.” A 50% drop: “Darkness before the dawn.” At the current price: “Guys, whatever you do, don’t turn on the lights.” Because once you turn them on, you’ll find that dawn still hasn’t come, and it’s almost dark already. Someone asked: “Why does Pi keep falling?” The answer: “It’s building a bottom.” They asked again: “Where’s the bottom?” The answer: “That can’t be revealed. The big players know.” “Then when will the big players pump the price?” “Soon.” “How soon?” “Very soon.” “Which exact day?” “True believers never ask for a date.” Well, damn. You ask about the price, and they talk to you about faith; you ask about the ecosystem, and they talk to you about the future; you ask when it will rise, and they tell you to be patient. Finally, you can’t take it anymore: “So what exactly should I do now?” They say: “Keep believing.” So I opened my wallet and saw: The balance was gone. Then I opened the exchange and saw: The price was gone too. Finally, I opened the Pi community: The faith was still there. That makes perfect sense. After all, Pi’s strongest consensus may be neither its price, nor its ecosystem, nor even its technology. It is: No matter how far it falls, someone can always find a brand-new explanation for it. That is true blockchain consensus. The price can fall, the wallet can get thinner, your hair can fall out, but faith— must never fall below the issuance price.

$PI Given this BTC pullback, PI reaching 0.06–0.07 doesn’t seem like a big problem. The PI project team seems to have no idea what they’re doing every day.

$PI Be careful. Mud Dog hasn't finished selling its holdings yet.