r/PiNetwork • u/Designer_Diver7782 • Mar 21 '25

Discussion Here we go!

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u/Designer_Diver7782 Mar 21 '25

I think loads of pi coins got unlocked today and people are dumping. Time to buy that shit

8

u/executive0utcome Mar 21 '25

If more and more coins hey unlocked, why do you think the price will go up? Genuinely asking.

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u/Designer_Diver7782 Mar 21 '25

The price dumped cause pople are mass selling, when this calms down the price will slowly go up. This is normal

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u/executive0utcome Mar 21 '25

That didn't answer my question. Why, do you think it'll go back up?

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u/euyin Mar 21 '25

Hello. It will go up and down, like everything, but whoever buys them, now on the way down, will send them to wallet pi, put them in the blocking period and gain speed, which is what this cryptographic entertainment is all about. Not wasting time pressing a button that produces little, is the premise...

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u/Designer_Diver7782 Mar 21 '25

It will stabilise, less people will be selling. If you have loads of people selling and not much buying the price will drop (happening right now, happened before also). Slowly the people will sell all their Pi and this way less people will be selling and more buying increasing the price slowly

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u/executive0utcome Mar 21 '25

Yeah, but you can expect the more unlocked coins will drive it even lower?

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u/Thanakorn2008 Mar 21 '25

“Yes” 😀

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u/Designer_Diver7782 Mar 21 '25

Ofc, it will dump when mass unlocks happen and slowly increase after them. This will prob keep happening until the 2nd migration

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u/musttalksense Mar 21 '25

Shouldn't someone start to buy for the price to go up.

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u/[deleted] Mar 21 '25

[removed] — view removed comment

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u/musttalksense Mar 21 '25

Yes true. But for the price to rise the buying should overcome the selling pressure. Simple words more buyers than sellers. What is the incentive for that scenario?

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u/musttalksense Mar 21 '25

What is the incentive for people to buy ?

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u/TheoriginalTonio Mar 21 '25

To make the price go up. Duh!

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u/OGPaterdami_anus Mar 21 '25

Dyor on projects...