21/02/2025
**HOW TO UNDERSTAND CURRENT EXCHANGE MARKET PRICE**
Today, I'm particularly busy because many pioneers are struggling to understand the exchange market price. This requires a significant investment of my time, as I often find myself explaining these concepts repeatedly.
If all pioneers could take the time to thoroughly study the Pioneers Handbook, it would greatly reduce the need for me to continually address these issues.
While I’m occupied with my tax work this afternoon, I also feel it’s important to acknowledge the anxiety and depression that many pioneers are experiencing. So I am here to help you understand the reason behind the current process and what is the benefit of it.
Dr. Fan has emphasized that we should not let external distractions interfere with our focus. It’s essential to concentrate on what truly matters and can make a meaningful impact, both in our community and in the wider world. By working diligently and fostering creativity, all other aspects will naturally follow. This indicates us the current situation is temporary and we should focus on ecosystem development.
It's crucial to understand that the current market exchange price does not reflect or represent the true value of Pi. The genuine value of Pi is encoded within the system. Many of those currently selling Pi may be struggling financially and lack understanding of its value. Therefore, CT does not regard these prices as representative of Pi's true worth in its ecosystem. This reflects CT's wisdom and strategy, as those who do not cultivate wealth are likely to remain in poverty.
Nevertheless, CT aims to ensure broader access to Pi, facilitating its wider use within our ecosystem. This creates an opportunity for external investors to purchase Pi from those who wish to sell. This approach is fair to newcomers in the Pi Network, especially given the current low mining rate and future extremely low mining rate. With only 60 million pioneers among over 8 billion people worldwide, the mining rate is expected to drop below 0.1 Pi per year soon. It will be challenging for future miners to achieve significant purchases like a car or home through mining alone. Therefore, transferring wealth to those who truly appreciate the value of Pi could be advantageous. Importantly, the price will not affect our stable coin value—it’s a temporary situation.
When investors buy Pi, they are likely to hold onto it, knowing that GCV is real as per the code. Thus, there may be more buyers than sellers over time, leading to a gradual decrease in the number of sellers after some days. Many GCV believers are likely to keep their Pi or set their selling price based on GCV, creating a stable environment defined by GCV within the exchange market. Eventually, as low-price sellers exit the market, we will be left with GCV-aligned pioneers and CT Envoys, allowing us to collectively determine Pi’s price through a call auction process.
The reason CT has not publicly announced the initial exchange market price as GCV is due to SEC regulations. This is a necessary step to gain SEC acceptance for GCV, as we comply with established market rules.
All pioneers should feel excited, as our GCV education and ecosystem are set to function effectively at this time because majority pioneers won't sell and they support GCV. Now you understand why I setup GCV Ambassadors system? A bright future is ahead for all of us.✌️✌️✌️
From my perspective, March 14th, known as Pi Day, will signify a transformative shift in universal energy. Our OM consists of two critical phases for successful implementation. The first phase involves the announcement of the OM and the operation of the exchange market. Subsequently, on March 14th, we will officially initiate the ecosystem at GCV, and exchange markets to realign to the GCV following a call auction.
In one word: GCV WIN!!!!! All pioneers should have the ability to see through how great Pi Network is! 👍👍👍✌️✌️✌️
Doris Yin 🪷🪷🪷
