you've enough dollars while you dunno how to choose a stable coin for future trade
MS TRADING ANALYST
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Bearish
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Why is crypto down today? Bitcoin price dropped to $109,000 following a $2.7 billion whale sale and $13.8 billion options expiry.
TLDR
Bitcoin dropped to $109,000 after a whale sold 24,000 BTC worth $2.7 billion, triggering $900 million in liquidations
A $13.8 billion Bitcoin options expiry today is creating market volatility and uncertainty
Ethereum faces selling pressure from a record $5 billion validator exit queue
Total crypto market cap fell 1.2% while trading volume dropped over 7%
Bitcoin is testing critical $112,000 support level that could determine future price direction
Bitcoin fell to its lowest level this month near $109,000 today following a massive sell-off by a large holder. The cryptocurrency market is experiencing widespread declines as multiple factors converge to create selling pressure.
A single whale transaction involving 24,000 Bitcoin worth approximately $2.7 billion triggered a sharp price decline. The sale caused Bitcoin to drop about $4,000 in minutes, erasing $45 billion from the total market capitalization.
The whale selling has created supply pressure that makes price recovery difficult. This type of large-scale selling by long-term holders often leads to forced liquidations of leveraged positions.
Market data shows the whale sale triggered approximately $900 million in forced liquidations across the crypto market. These liquidations create a cascading effect that pushes prices lower as positions are automatically closed.
Today marks a major $13.8 billion Bitcoin options expiry that is contributing to market volatility. Options expiries often create uncertainty as traders position themselves around key price levels.
The options expiry is being watched closely as a potential turning point for market direction. Large options expirations can drive short-term price swings depending on how positions unwind.
Market Sentiment Turns Cautious The decline in trading volume suggests investors are stepping back from active trading. Lower volume often accompanies market uncertainty and risk-off sentiment. Altcoins are predominantly trading in negative territory as the selloff spreads beyond Bitcoin.
if pi network is scam then eth is also a scam because both students study together 👫
CRYPTO UNIVERSE -
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🚨 Warning from Bybit CEO: Pi Network May Be Riskier Than Meme Coins! 🚨
Bybit CEO Ben Zhou has sounded the alarm on Pi Network, suggesting it might pose a greater danger than even the riskiest meme coins. Unlike meme coins, which are often just for fun or speculative trading, Pi Network markets itself as a game-changing digital currency—yet it lacks the transparency needed to back up its bold claims.
⚠️ Red Flags: 🔍 Shady Leadership: The Pi Core Team and its founders have a surprisingly limited online presence, making it difficult to assess their credibility. 📈 Unclear Roadmap: The project's development goals remain vague, leaving potential investors in the dark about its future. 📵 Transparency Issues: A legitimate crypto project thrives on openness and community engagement, but Pi Network falls short on both fronts.
💡 Zhou’s Advice: ✅ Do Your Homework: Thoroughly research any project before investing. ✅ Stick to Proven Players: Focus on established cryptocurrencies with clear, reliable track records. ✅ Avoid Empty Promises: Don’t be swayed by projects that offer easy rewards without substantial proof to back them up.
Considerations for Newly Listed Coins When considering buying a newly listed coin, it's essential to exercise caution.
Potential Risks - *Lack of track record*: New coins may not have a proven history of performance or stability. - *Higher volatility*: Newly listed coins can experience significant price fluctuations. - *Limited liquidity*: Low trading volumes can make it difficult to buy or sell the coin. - *Increased risk of scams*: New coins may be more vulnerable to scams or rug pulls.
Do Your Research Before investing in any coin, make sure to: - *Research the project*: Understand the coin's purpose, technology, and team. - *Check the listing exchange*: Ensure the exchange is reputable and trustworthy. - *Evaluate market sentiment*: Consider the overall market mood and potential risks.
How Bitcoin (BTC) Works Bitcoin is a decentralized digital currency that operates without a central bank or single administrator.
Key Components - *Blockchain*: A public ledger that records all Bitcoin transactions. - *Mining*: The process of verifying transactions and adding them to the blockchain, rewarded with newly minted Bitcoins. - *Wallets*: Software or hardware that stores, sends, and receives Bitcoins.
How Transactions Work - *Peer-to-peer*: Transactions occur directly between users without intermediaries. - *Cryptographic encryption*: Transactions are secured through advanced cryptography.
i activate my wallet before this shit i got a pop up to confirm your wallet i did everything and now see pi core team forcing people to buy some pi coins to avtivate your wallet this clearly shows that they want us to buy coins and forget 6 years of mining what a shame i feel very bad after seing this because pi did not give us any single pi coin and they want us to buy this shit coin they are playing sharp i know mostly people will comment that i dont know much about pi but the reality is that pi core team sold their 80 percent and make alot of money and now they want that every pioner buy our coins and pump the price then their next target will be 3 dollars they will sell again it means binance is doing good not listing pi coin shame on this network they should be punished its a scam project according to white paper they did not full fill their promises even many pioneers are waiting for second migration and so many has been stucked on tentative kyc issue so overall its a scam we got nothing pi core team made alot by this scam bycot #pi
who told you to go on FB or TikTok link and give your pass phrase to a scammers.
mining pi is easy but keeping it is hard. you were greedy and your greediness made your pi loss
Meharali-481
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Pi Network Security Alert: A Call for Urgent Updates to Protect Our Hard-Earned Pi!
Hi Pi Network Community, I’m writing this with a heavy heart and a sense of urgency. Recently, I fell victim to a scam that exposed a critical flaw in the Pi Network’s security system. This is not just my story—it’s a warning to all of us who have worked tirelessly to mine and collect Pi since 2020.
### What Happened? A scammer managed to trick me into sharing my passphrase. With this information, they gained access to my Pi wallet and stole 107 Pi in minutes. Thankfully, my remaining 981 Pi were locked, or I would have lost everything.
This incident highlights a glaring issue: Pi Network’s current security system is too weak. If someone gets your passphrase, they can easily drain your wallet without any additional verification or confirmation.
### The Problem: Lack of Security Layer Right now, the Pi Network wallet only requires a passphrase for access. There’s no: - Two-Factor Authentication (2FA) - Email or SMS confirmation for transactions - Recovery options in case of unauthorized access
This makes it incredibly easy for scammers to steal Pi once they have your passphrase. For those of us who have been mining Pi since 2020, this is a devastating risk. Imagine losing years of effort in just a few minutes. ### My Request to the Pi Core Team I urge the Pi Core Team to take immediate action to strengthen the security of the Pi Network wallet. Here are some suggestions: 1️⃣ Introduce Two-Factor Authentication (2FA): Add an extra layer of security by requiring a code sent to email or SMS for wallet access. 2️⃣ Transaction Confirmation:Require a confirmation code sent to the user’s email or phone before any Pi can be transferred to another wallet. 3️⃣ Passphrase Recovery Options: Allow users to reset or recover their passphrase through secure methods. 4️⃣ Real-Time Alerts:Notify users immediately via email or SMS if a transaction is initiated from their wallet. ### A Call to the Pi Community This is not just my problem—it could happen to anyone. If we don’t raise our voices and demand better security, more of us will fall victim to these scams.
👉 What Can You Do? - Spread Awareness:Share this article and your own experiences to highlight the need for improved security. - Contact the Pi Core Team:Reach out to the Pi Network team through their official channels and request urgent security updates. - Stay Vigilant: Never share your passphrase with anyone, and be cautious of phishing attempts. ### Final Thoughts The Pi Network has the potential to revolutionize the crypto world, but its success depends on the trust and security of its users. Let’s work together to ensure that our hard-earned Pi is safe from scammers and hackers.
If you’ve experienced something similar or have ideas for improving Pi Network’s security, please share your thoughts in the comments. Together, we can make a difference and protect our future in the Pi ecosystem.
Don't spread fake news... you've locked your coins by your own fingers.. they've given you the authority.
Trading Profiser 01
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Bearish
🚨 Warning: Pi Network Scam Alert! 🚨
⚠️ Don’t Fall for It! If you’ve received an email or message claiming to unlock your Pi coins, it’s a scam! Pi Network has NOT announced any official unlocking methods via email. Always trust the official Pi Network app and their official channels for updates.
🔒 How to Protect Yourself:
NEVER share personal information or send emails to unknown addresses.
Pi coins can only be unlocked through the official Pi Network app, following their official announcements.
Scammers often trick users by offering fake methods. Stay cautious and alert!
💡 What to Do: If you receive any suspicious messages, ignore them and report them to the official Pi Network community. Protect your assets and stay safe from online fraud.
The question on everyone's mind: can Pi Network surpass Bitcoin? While Pi Network has gained significant attention and has a strong global community, surpassing Bitcoin will be a challenging task.
*Key differences between Pi Network and Bitcoin:*
- _Mining mechanism_: Pi Network allows users to mine coins using their smartphones, whereas Bitcoin requires expensive hardware and high energy consumption ¹. - _Consensus algorithm_: Pi Network uses the Stellar Consensus Protocol (SCP), which is more energy-efficient, while Bitcoin uses the Proof-of-Work (PoW) algorithm ¹. - _Supply_: Bitcoin has a capped supply of 21 million coins, whereas Pi Network's total supply is not yet fixed ¹.
*Challenges Pi Network faces:*
- _Lack of liquidity_: Pi Coins cannot be traded yet, and their value is purely speculative ². - _Regulatory environment_: Pi Network still faces regulatory uncertainty, which could impact its adoption ². - _Trust and decentralization_: Pi Network needs to prove its decentralization and build trust within the community ².
While Pi Network has potential, it's unlikely to surpass Bitcoin anytime soon. Bitcoin's dominance, established infrastructure, and proven value as a store of wealth make it a formidable player in the cryptocurrency space ². However, Pi Network could carve out its own niche within the cryptocurrency world, providing value to those who participate in its network. #MasterTheMerket
The cryptocurrency with the most supported people is often subjective and can vary depending on the source and criteria. However, based on various metrics such as market capitalization, trading volume, and community support, here are some of the most popular cryptocurrencies:
- *Bitcoin (BTC)*: As the first and largest cryptocurrency, Bitcoin has a massive following and is widely recognized as the most popular cryptocurrency ¹. - *Ethereum (ETH)*: With its smart contract platform and decentralized applications, Ethereum has a strong developer community and a large following ². - *Pi Network Coin (PI)*: Pi Network has gained significant attention recently, with a large community of supporters and a growing ecosystem ².
Other popular cryptocurrencies with strong community support include:
- *Dogecoin (DOGE)*: Known for its meme-inspired branding and charitable community ². - *Shiba Inu (SHIB)*: A decentralized cryptocurrency with a strong community and growing adoption ². - *Cardano (ADA)*: A proof-of-stake blockchain with a focus on scalability and security, backed by a dedicated community ².
Keep in mind that the popularity of cryptocurrencies can fluctuate rapidly, and community support is just one factor to consider when evaluating a cryptocurrency's potential.
Pi Owner was the teacher of ETH. Dude you look bigger scammer lol 😂😂
CRYPTO UNIVERSE -
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🚨 Warning from Bybit CEO: Pi Network May Be Riskier Than Meme Coins! 🚨
Bybit CEO Ben Zhou has sounded the alarm on Pi Network, suggesting it might pose a greater danger than even the riskiest meme coins. Unlike meme coins, which are often just for fun or speculative trading, Pi Network markets itself as a game-changing digital currency—yet it lacks the transparency needed to back up its bold claims.
⚠️ Red Flags: 🔍 Shady Leadership: The Pi Core Team and its founders have a surprisingly limited online presence, making it difficult to assess their credibility. 📈 Unclear Roadmap: The project's development goals remain vague, leaving potential investors in the dark about its future. 📵 Transparency Issues: A legitimate crypto project thrives on openness and community engagement, but Pi Network falls short on both fronts.
💡 Zhou’s Advice: ✅ Do Your Homework: Thoroughly research any project before investing. ✅ Stick to Proven Players: Focus on established cryptocurrencies with clear, reliable track records. ✅ Avoid Empty Promises: Don’t be swayed by projects that offer easy rewards without substantial proof to back them up.