Post
Topic
Board Service Discussion (Altcoins)
Re: PI Network! A huge trap[Warning!]
by
Tytanowy Janusz
on 07/01/2023, 08:33:57 UTC
by the amount of PI there is,being optimistic, I bet for $10 maximum (when it officially goes to an exchange),
if it's worth more, better, but it will be very difficult.

trading above $100:

The price is that high only because PI is not yet unlocked. I advice against doing KYC. As soon as people will be able to sell price will dump below 1 cent. 10$ maximum? Its 100x too much.

0.25 PI per hour = 6 PI for day for 3 million nodes ... 18 million supply daily for how long? More than a year? We can estimate that it is about 18 * 10^6 * 365 / (lets say linear increment so 2) = 3 billion supply

3 billion supply per year gives us 9 billion per 3 years (thats how long this project exist?). At current 100$ per on huobi its 900 billion $ in marketcap - 3x more than bitcoin. if Pi is about to be in top 200 cmc (~100 mln $ marketcap) we can calculate price of 1.1 cent.