Said_nakamoto
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Father of Pi Network DR. NICOLAS KOKKALIS said
"Pi is Worth what makes the PIONEERS make it worth."
"Pi is Worth what makes the PIONEERS make it worth."
Can you guess who are in this picture? You're right! Dr. Nicolas Kokkalis (Pi Network CEO) was there. Do you recognize the others? Cameron Teitelman (StartX CEO) and the woman in white jacket are also there, none other than Melinda Gates, former wife of Bill Gates..
Since then, big companies have been approaching Dr. Nicolas Kokkalis because of his Blockchain technological prowess and expertise. FYI Dr.Nicolas was also the CTO Founder of Startx.com
#PiNetworkMainnet #BTC
Since then, big companies have been approaching Dr. Nicolas Kokkalis because of his Blockchain technological prowess and expertise. FYI Dr.Nicolas was also the CTO Founder of Startx.com
#PiNetworkMainnet #BTC
šØ Breaking News šØ
"The launch of Pi will be historic."
Said
Nicolas Kokkalis
"The launch of Pi will be historic."
Said
Nicolas Kokkalis
*Biography of The Father of PI NETWORK*
If the Pi Network is successful, Prof Dr. Nicolas Kokkalis will become the world's new billionaire
Here is his biography.
Full Name: Nicolas Kokkalis.
Birth: Greece.
Year of Birth: 1978.
Family: has a wife and a son.
*Educational background:*
1). Postdoctoral Program in Computer Science - Stanford University (USA).
2). Ph.D in Electrical Engineering - Stanford University (USA).
3). Master of Management Science - Stanford University (USA).
4). Master of Science - University of Toronto (Canada).
5). Computer Science Engineer - University of Crete (Greece).
*Work experience:*
1). Stanford University Professor, Computer Science, decentralized application specification.
2). Director of Technology (CTO) StartX.
3). Head of Pi Network Technology Division.
*Daily:*
1). Yola Game platform creation-a platform for online games.
2). Writing a thesis on Smart Contracts for electronic money before Ethereum (ETH) was born. (The creator of ETH - the second most powerful coin after bitcoin - namely Vitalik Buterin is his student).
3). Provided technical assistance to 1,300 startups through the StartX project
4). Publish dozens of scientific reports in prestigious journals
5). All-out development in making Pi Network Network and Blockchain technology.
OK, now you know how the Pi Network was created by a skilled person. Of course people like that are not the type of Ediots to trick you into downloading apps to earn some coins through ads.
#PiNetwork $BTC $ETH $BNB
If the Pi Network is successful, Prof Dr. Nicolas Kokkalis will become the world's new billionaire
Here is his biography.
Full Name: Nicolas Kokkalis.
Birth: Greece.
Year of Birth: 1978.
Family: has a wife and a son.
*Educational background:*
1). Postdoctoral Program in Computer Science - Stanford University (USA).
2). Ph.D in Electrical Engineering - Stanford University (USA).
3). Master of Management Science - Stanford University (USA).
4). Master of Science - University of Toronto (Canada).
5). Computer Science Engineer - University of Crete (Greece).
*Work experience:*
1). Stanford University Professor, Computer Science, decentralized application specification.
2). Director of Technology (CTO) StartX.
3). Head of Pi Network Technology Division.
*Daily:*
1). Yola Game platform creation-a platform for online games.
2). Writing a thesis on Smart Contracts for electronic money before Ethereum (ETH) was born. (The creator of ETH - the second most powerful coin after bitcoin - namely Vitalik Buterin is his student).
3). Provided technical assistance to 1,300 startups through the StartX project
4). Publish dozens of scientific reports in prestigious journals
5). All-out development in making Pi Network Network and Blockchain technology.
OK, now you know how the Pi Network was created by a skilled person. Of course people like that are not the type of Ediots to trick you into downloading apps to earn some coins through ads.
#PiNetwork $BTC $ETH $BNB
šØ RUMOUR šØ
TRUMP TO SIGN EXECUTIVE ORDER RELATED TO $BTC AND CRYPTO
IN NEXT 30 MINUTES AT 2.30 ET.
TRUMP TO SIGN EXECUTIVE ORDER RELATED TO $BTC AND CRYPTO
IN NEXT 30 MINUTES AT 2.30 ET.
šŗšøSENATOR LUMMIS: The Senate Banking Digital Asset Subcommittee will "make America the $BTC and digital asset capital of the world" šŗšø
#Bitcoinā So a few days agoā¦
My friend and I were discussing US politics.
He saidā¦
āDonald Trump is a liar.ā
āHe will raise tariffs against China.ā
āHe will cause trouble in Europe once elected president.ā
On the other hand, I thought Donald Trump was a great candidate.
He instils confidence in the capital markets, has some of the sharpest minds on his side (like Elon Musk), and heās pro-crypto.
This goes to showā¦
Where you consume your news matters.
Thatās why itās important to develop your own critical thinking skills.
How?
Donāt take things at face value
AskĀ why
AskĀ whyĀ another 3 more times
By then, youāll have a clearer picture and be much closer to the truth (or the root cause of the problem).
Hereās a true storyā¦
My dad is overly cautious, always telling people around him to be careful of scams. Why?
Because he has a lot of fear in him. Why?
Because he knows how painful it is to lose your hard-earned money. Why?
Because 50 years ago, he was cheated a huge sum of money. He sold his car to someone but didnāt get the money.
This explains why he is overly cautious. I love him nonetheless. Heās my hero!
ā
My friend and I were discussing US politics.
He saidā¦
āDonald Trump is a liar.ā
āHe will raise tariffs against China.ā
āHe will cause trouble in Europe once elected president.ā
On the other hand, I thought Donald Trump was a great candidate.
He instils confidence in the capital markets, has some of the sharpest minds on his side (like Elon Musk), and heās pro-crypto.
This goes to showā¦
Where you consume your news matters.
Thatās why itās important to develop your own critical thinking skills.
How?
Donāt take things at face value
AskĀ why
AskĀ whyĀ another 3 more times
By then, youāll have a clearer picture and be much closer to the truth (or the root cause of the problem).
Hereās a true storyā¦
My dad is overly cautious, always telling people around him to be careful of scams. Why?
Because he has a lot of fear in him. Why?
Because he knows how painful it is to lose your hard-earned money. Why?
Because 50 years ago, he was cheated a huge sum of money. He sold his car to someone but didnāt get the money.
This explains why he is overly cautious. I love him nonetheless. Heās my hero!
ā
The 2024 U.S. presidential election is just around the corner, and many are wondering how it might impact the crypto market, particularly Bitcoin. If Donald Trump loses the election, it's possible that Bitcoin's price could be affected, potentially breaking down below the $15,000 resistance level.
However, it's essential to note that Trump's policies have historically been seen as favorable to Bitcoin and the broader crypto market. He has expressed support for deregulation, which could benefit Bitcoin and other cryptocurrencies Ā¹. In fact, Trump recently vowed to establish a "strategic Bitcoin stockpile" for the United States, reinforcing his pro-Bitcoin stance
That being said, the crypto market is notoriously volatile, and various factors can influence its performance. If Trump loses the election, a change in administration policies could potentially impact the market.
Potential Factors Influencing Bitcoin's Price
- _Deregulation_: A Trump-led administration might push for deregulation, potentially benefiting Bitcoin and other cryptocurrencies Ā¹.
- _Economic Policies_: Changes in economic policies, such as interest rates and monetary supply, could impact Bitcoin's value.
- _Global Economic Trends_: External factors, like global economic trends and geopolitical events, can also influence Bitcoin's price.
However, it's essential to note that Trump's policies have historically been seen as favorable to Bitcoin and the broader crypto market. He has expressed support for deregulation, which could benefit Bitcoin and other cryptocurrencies Ā¹. In fact, Trump recently vowed to establish a "strategic Bitcoin stockpile" for the United States, reinforcing his pro-Bitcoin stance
That being said, the crypto market is notoriously volatile, and various factors can influence its performance. If Trump loses the election, a change in administration policies could potentially impact the market.
Potential Factors Influencing Bitcoin's Price
- _Deregulation_: A Trump-led administration might push for deregulation, potentially benefiting Bitcoin and other cryptocurrencies Ā¹.
- _Economic Policies_: Changes in economic policies, such as interest rates and monetary supply, could impact Bitcoin's value.
- _Global Economic Trends_: External factors, like global economic trends and geopolitical events, can also influence Bitcoin's price.
Should #FTT coin be delisted due to persistent downtrend?
Yes, delist
49%
No, keep
41%
Undecided
10%
195 votes ā¢ Voting closed
Investing in FTT is extremely risky, and the likelihood of losing money is high. The token's value has plummeted since FTX's bankruptcy, with a current price of around $1.95 USD and a 24-hour trading volume of $33 million Ā¹.
*Reasons to Exercise Caution:*
- _Regulatory Uncertainties_: FTX's bankruptcy and Sam Bankman-Fried's fraud charges have created a highly uncertain environment Ā¹.
- _Market Volatility_: Cryptocurrency markets are notoriously volatile, making it challenging to predict price movements.
- _Lack of Utility_: FTT tokens no longer have their original use cases, such as reducing trading fees.
$FTT $BTC
*Reasons to Exercise Caution:*
- _Regulatory Uncertainties_: FTX's bankruptcy and Sam Bankman-Fried's fraud charges have created a highly uncertain environment Ā¹.
- _Market Volatility_: Cryptocurrency markets are notoriously volatile, making it challenging to predict price movements.
- _Lack of Utility_: FTT tokens no longer have their original use cases, such as reducing trading fees.
$FTT $BTC
FTX Token (FTT) is indeed undergoing bankruptcy proceedings, which has rendered the token virtually useless, and it may be liquidated to pay off creditors Ā¹. This development has significantly impacted the token's value and utility.
The FTX bankruptcy was triggered by a massive fraud perpetrated by Sam Bankman-Fried and his partner Caroline Ellison, leading to the company's collapse in 2022 Ā². As a result, FTX filed for Chapter 11 bankruptcy protection in the United States.
Here are some key implications of the bankruptcy:
Token Value
FTT's price has plummeted, with a current value of $1.95 USD and a 24-hour trading volume of $32.19M Ā¹.
Market Cap
The market capitalization stands at $641.01M, ranking #104 on CoinMarketCap
Circulating Supply
There are 328.90M FTT coins in circulation.
Use Cases
The token is no longer usable for its original purposes, such as reducing trading fees, securing futures positions, or participating in leveraged tokens Ā¹.
Considering the ongoing bankruptcy proceedings and market volatility, it's essential to exercise caution when interacting with FTT tokens.
#FTT/USDT #bankruptcy
The FTX bankruptcy was triggered by a massive fraud perpetrated by Sam Bankman-Fried and his partner Caroline Ellison, leading to the company's collapse in 2022 Ā². As a result, FTX filed for Chapter 11 bankruptcy protection in the United States.
Here are some key implications of the bankruptcy:
Token Value
FTT's price has plummeted, with a current value of $1.95 USD and a 24-hour trading volume of $32.19M Ā¹.
Market Cap
The market capitalization stands at $641.01M, ranking #104 on CoinMarketCap
Circulating Supply
There are 328.90M FTT coins in circulation.
Use Cases
The token is no longer usable for its original purposes, such as reducing trading fees, securing futures positions, or participating in leveraged tokens Ā¹.
Considering the ongoing bankruptcy proceedings and market volatility, it's essential to exercise caution when interacting with FTT tokens.
#FTT/USDT #bankruptcy
Can FTT Token Reach Zero Value?
FTT (FTX Token) reaching zero value is possible but depends on various factors.
*Reasons for Potential Decline*
1. Regulatory pressures: Increased scrutiny or penalties.
2. Competition: Established exchanges (Binance, Coinbase) gain market share.
3. Management issues: Governance concerns or leadership failures.
4. Market sentiment: Prolonged bearish trend.
5. Liquidity crisis: Insufficient reserves or poor risk management.
6. Technical failures: Exchange downtime or security breaches.
7. Lack of adoption: FTX Token's utility and demand decrease.
*Scenarios Leading to Zero Value*
*Extreme Scenarios*
1. FTX exchange shutdown or bankruptcy.
2. Regulatory ban on FTT trading.
3. Severe security breach compromising user funds.
4. Complete loss of market confidence.
*Historical Precedents*
Tokens that reached near-zero value:
1. Terra (LUNA)
2. Celsius (CEL)
3. Three Arrows Capital (3AC)
FTT (FTX Token) reaching zero value is possible but depends on various factors.
*Reasons for Potential Decline*
1. Regulatory pressures: Increased scrutiny or penalties.
2. Competition: Established exchanges (Binance, Coinbase) gain market share.
3. Management issues: Governance concerns or leadership failures.
4. Market sentiment: Prolonged bearish trend.
5. Liquidity crisis: Insufficient reserves or poor risk management.
6. Technical failures: Exchange downtime or security breaches.
7. Lack of adoption: FTX Token's utility and demand decrease.
*Scenarios Leading to Zero Value*
*Extreme Scenarios*
1. FTX exchange shutdown or bankruptcy.
2. Regulatory ban on FTT trading.
3. Severe security breach compromising user funds.
4. Complete loss of market confidence.
*Historical Precedents*
Tokens that reached near-zero value:
1. Terra (LUNA)
2. Celsius (CEL)
3. Three Arrows Capital (3AC)
FTT Hidden factors
1. Over-expansion and lack of risk management
2. Insufficient liquidity and capital reserves
3. Conflict of interest (Alameda Research's trading activities)
4. Regulatory scrutiny (US SEC, CFTC investigations)
5. Market volatility and sentiment shift
6. Competition from established exchanges (Binance, Coinbase)
7. Internal management issues and governance concerns
Key Events
1. April 2022: FTX raises $400M at $32B valuation
2. May 2022: Terra (LUNA) collapse; FTX faces liquidity crisis
3. July 2022: FTX acquires BlockFi for $240M
4. August 2022: FTX denies insolvency rumors
5. November 2022: FTX files for bankruptcy; Sam Bankman-Fried resigns
1. Over-expansion and lack of risk management
2. Insufficient liquidity and capital reserves
3. Conflict of interest (Alameda Research's trading activities)
4. Regulatory scrutiny (US SEC, CFTC investigations)
5. Market volatility and sentiment shift
6. Competition from established exchanges (Binance, Coinbase)
7. Internal management issues and governance concerns
Key Events
1. April 2022: FTX raises $400M at $32B valuation
2. May 2022: Terra (LUNA) collapse; FTX faces liquidity crisis
3. July 2022: FTX acquires BlockFi for $240M
4. August 2022: FTX denies insolvency rumors
5. November 2022: FTX files for bankruptcy; Sam Bankman-Fried resigns
I'm not a financial advisor, but I can provide some general insights.
*FTT Token Analysis:*
FTT (FTX Token) is a utility token of the FTX cryptocurrency derivatives exchange.
*Pros:*
1. Strong exchange backing (FTX)
2. Utility token with various use cases (trading fee discounts, staking rewards)
3. Listed on multiple exchanges
*Cons:*
1. Market volatility
2. Competition from other exchange tokens
3. Regulatory uncertainties
*Current Market Situation:*
1. Price: $2.88 (downward trend)
2. Market Cap: ~$340M (reduced significantly)
3. Trading Volume: Low
*Reasons for Price Drop:*
1. Market sentiment (fear, uncertainty)
2. Increased competition in crypto derivatives market
3. Regulatory pressures on exchanges
4. Technical factors (e.g., breakout below support levels)
*Hold or Sell Decision:*
Consider the following factors:
1. Risk tolerance: Can you withstand potential further price drops?
2. Investment goals: Are you holding for short-term gains or long-term growth?
3. Market analysis: Do you believe FTT will recover?
*Possible Scenarios:*
1. *Bullish*: FTT recovers, breaks above resistance ($3.50-$4.00)
2. *Bearish*: FTT continues downward trend, breaks below support ($2.00-$1.50)
3. *Range-bound*: FTT stabilizes, trades within a narrow range ($2.50-$3.50)
*Action Plan:*
1. Re-evaluate investment goals and risk tolerance.
2. Set clear stop-loss levels (e.g., 10-20% below current price).
3. Consider diversifying your portfolio.
4. Monitor market news, sentiment and technical analysis.
5. Consult financial experts or trading communities for insights.
$FTT
*FTT Token Analysis:*
FTT (FTX Token) is a utility token of the FTX cryptocurrency derivatives exchange.
*Pros:*
1. Strong exchange backing (FTX)
2. Utility token with various use cases (trading fee discounts, staking rewards)
3. Listed on multiple exchanges
*Cons:*
1. Market volatility
2. Competition from other exchange tokens
3. Regulatory uncertainties
*Current Market Situation:*
1. Price: $2.88 (downward trend)
2. Market Cap: ~$340M (reduced significantly)
3. Trading Volume: Low
*Reasons for Price Drop:*
1. Market sentiment (fear, uncertainty)
2. Increased competition in crypto derivatives market
3. Regulatory pressures on exchanges
4. Technical factors (e.g., breakout below support levels)
*Hold or Sell Decision:*
Consider the following factors:
1. Risk tolerance: Can you withstand potential further price drops?
2. Investment goals: Are you holding for short-term gains or long-term growth?
3. Market analysis: Do you believe FTT will recover?
*Possible Scenarios:*
1. *Bullish*: FTT recovers, breaks above resistance ($3.50-$4.00)
2. *Bearish*: FTT continues downward trend, breaks below support ($2.00-$1.50)
3. *Range-bound*: FTT stabilizes, trades within a narrow range ($2.50-$3.50)
*Action Plan:*
1. Re-evaluate investment goals and risk tolerance.
2. Set clear stop-loss levels (e.g., 10-20% below current price).
3. Consider diversifying your portfolio.
4. Monitor market news, sentiment and technical analysis.
5. Consult financial experts or trading communities for insights.
$FTT
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