Pi currency has great ambitions to become the most widely circulated lottery in the world. Financial institutions have a keen sense of smell and are a group of wolves that can be excited by the smell of blood. The project party and financial funds have formed an oppositional unity relationship.

　　Oppositional relationship

　　To make pi currency the most widely used lottery in the world and how to find it, its distribution should be flattened, and it cannot be concentrated in the hands of a few financial institutions. A large amount of off-exchange funds are waiting to enter pi currency and hoard pi currency. The contradictions between the two sides are natural. Since it is impossible to avoid holding coins by funds, the only strategy is to make them hold fewer coins, consume their funds as much as possible, and leave enough ammunition for themselves.

　　Firstly, the project party divides the total amount of pi currency into basic coins, reward coins, and coins retained by the project party. After calculation, the basic coins account for about 48% of the total amount of coins, and 32% of the coins are released annually. In trading, the most intense struggle between bulls and bears, even a cent may become the last straw that breaks the camel’s back. The project party leaves enough space and provides sufficient buffer time, which greatly prevents the concentration of pi currency.

　　Secondly, increasing the number of pi currency. According to the results of my calculation in the early stage, so far, the total amount of pi currency is about 50 billion, and the number is still increasing. A large number of coins will consume more funds and can also prevent the concentration of pi currency.

　　Finally, raising the opening pricesports betting cheats and The latest plan. Through the initial barter, a relatively stable price is given to pi currency, which is likely to be the opening price of pi currency. The higher the price, the greater the amount of funds consumed. At the same time, the behavior of holding coins is conducive to later boosting the price of pi currency, increasing the cost of holding coins, and reducing the degree of coin concentration. The project party has repeatedly emphasized the scarcity of pi currency, which is also a hint that the price of pi currency will not be very low.online casino tutorial，come on baby

　　Cooperative relationship

　　Firstly, financial institutions provide real-time pi currency prices. No matter how prosperous the barter is, the barter price does not reflect the current real-time market situation, which means risk for merchants. Suppose, the cost price of all other products in the mall is $10, and they are priced at 1π in the pi mall, it means that merchants (such as those with a cost of $20) at least have to bear a comparative loss. Unless the whole society unifies the pricing according to pi, this situation will not occur. Therefore, financial transactions can provide real-time price positioning for pi.

　　Secondly, raising the cost of holding coins. Financial institutions unknowingly raise prices during the process of holding coins, further increasing the demand for holding funds, and preventing the concentration of pi currency.

　　Widespreadness

　　Pi wants the whole world to participate, which means that the public can also participate in pi at a lower cost.

　　Firstly, mining pi. From the roadmap released by the project party, it can be seen that even after the main network of pi is launched, mining is still possible, effectively solving the basic problem of widespread participation in pi currency. In this case, some people have not participated, and they are limited to negation, which can only mean that their vision and horizons are limited, and they do not have the qualifications to participate.

　　Secondly, relative price stability. The road for pi to become a global consensus currency is still long. Although the current active users have exceeded 13 million, it is still far from enough compared to the human population. Before pi achieves global currency consensus, stable prices will help the public participate and help enhance the status of pi as a measure of value.

　　Conclusion

　　The price of pi should be high and stable, but not too high. Taking the market value of Bitcoin, which is 1 trillion US dollars, as a reference, it is reasonable for the market value of pi to reach several times that of Bitcoin. According to a market value of 50 trillion US dollars and a total of 50 billion coins, the value of pi should be around 100 US dollars.

　　There is not much time left for the pioneers to mine Pi. Participate as soon as possible, don’t ask me why? I can only answer ‘vision’.

　　Among the 1 million, a simple conservative estimate shows that 600,000 are mined by a single person, 390,000 people mine after filling their safe circle, and 10,000 people have invited more than 3 people. (Numbers represent averages)

　　600,000 people: 0.49π/hr * 24 hours * 30 days * 3 months * 600,000 people = 635 million Pi. On average, each person can mine 1,000 Pi by next March.

　　390,000 people: 0.98π/hr * 24 hours * 30 days * 5 months * 390,000 people = 1.38 billion Pi. On average, each person can mine 4,000 Pi by next March.

　　10,000 people: 5 * 0.98π/hr * 24 hours * 30 days * 6 months * 10,000 people = 210 million Pi. On average, each person can mine 20,000 Pi by next March. (This part is for users who participated early and had a large number of invited users)

　　The total amount of Pi mined is 2.2 billion. And it is a conservative estimate based on 1 million users, so the actual mining amount should exceed this number.

　　The number of users has now reached 1 million. This is just based on one million.

　　The two-stage governance model of Pi

　　Pi has designed two stages of governance model:

　　In the first stage, the temporary governance model is adopted when the number of users is less than 5 million, similar to the offline governance model of Bitcoin and Ethereum.

　　In the second stage, the constitutional convention model, after the number of users exceeds 5 million, the Pi Contributor Temporary Committee (Global) is established to jointly manage Pionline casino victory and How to find it. Due to language issues and active regional users, it is estimated that Pi will establish multiple regional committees, such as the Pi Temporary Committee for the Americas, the Pi Temporary Committee for the Asia-Pacific region, the Pi Temporary Committee for the African region, and the Pi Temporary Committee for the European region, etc. The project team members are researchers in human behavior and big group data, so they have already predicted that the number of Pi users will definitely reach 5 million. However, I am not sure that Pi itself will reach 5 million, and there will definitely be external resources or other investment and cooperation methods to increase the usage of Pi.

　　Estimate the total supply of Pi corresponding to the benchmark

　　Pi’s technology is based on the expansion and upgrade of the Stellar protocol technology and the joint Byzantine consensus protocol, and its goal is for a global user-participating mining and payment system. Then, the user base must be in the billions to achieve the goal. We take the three mobile payment projects as a reference:

　　1. Ripple (XRP), with a total supply of 1 trillion, currently has a market value of 85.1 billion RMB, ranking 3rd in global market value. The circulating supply is 42.9 billion, and the current price is about 2 RMB, with a historical high of 27 RMB. The reason for mentioning Ripple is because Ripple’s founder founded the second project, Stellar.

　　2. Stellar (XLM), with a total supply of 105.2 billion, currently has a market value of 9.7 billion RMB, ranking 12th in global market value. The circulating supply is 19.6 billion, and the current price is about 0.5 RMB, with a historical high of 6.6 RMB. 50% is directly distributed to users worldwide, while the project team retains only 5% of the supply for operations. Stellar and Ripple have similar payment systems.

　　3. Libra, the Libra, comes from Facebook, but the currency has not been launched yet. Facebook has 2.7 billion global users, and a conservative estimate of Libra’s total supply is 100 billion. Generally, 50% of a project’s total supply is allocated to direct users, especially for projects with a supply exceeding 1 billion. According to the above estimate, when Pi reaches 1 million users, the total supply of Pi coins will reach 2.2 billion. Therefore, it is estimated that the total supply of Pi is at least 100 billion. According to human habits with numbers and the total supply design of many projects, there are several common numbers: 21 million, 1 billion, 2 billion, 10 billion, 21 billion, 100 billion, and 1 trillion. Currently, only BTT, which is already online for trading, has the highest supply of 990 billion, followed by 1 trillion for TRX, XRP, XLM, and others. So, although the total supply of Pi has not been predetermined, according to the mining time estimation, it should be around 100 billion, 200 billion, 500 billion, or 1 trillion. If one wants a higher price, the lower the total supply, the better. It would be best to set it to 100 billion or 50 billion, but 50 billion and 100 billion seem unlikely because, according to Pi’s user design, mining will pause when the user base reaches 10 million or 100 million, and by then, the total supply of Pi mined would definitely exceed 100 billion. Therefore, a conservative estimate of Pi’s total supply is 100 billion.

　　Corresponding to the estimated Pi price
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　　If the total supply of Pi is 10 billion, and the corresponding project prices are 2 yuan for Ripple and 0.5 yuan for Stellar, the price will be multiplied by 5 or 10 again (because the total supply of Pi, 10 billion, is only one-tenth of Ripple or Stellar). Then, the possible prices of Pi could be 2.5 yuan, 5 yuan, 10 yuan, or 20 yuan. If the total supply of Pi is 100 billion, then the price of Pi could be 0.5 yuan or 2 yuan. Considering that the current futures price of Pi has reached 1.2 yuan, it serves as a reference for the heat price. Therefore, even if the total supply of Pi is 100 billion, the price will not be 0.5 yuan, and 2 yuan is highly possible. However, the total supply of 100 billion is indeed too much. Therefore, the estimated total supply of Pi is 50-500 billion, with a price of 1 yuan-10 yuan, and a market value of 50 billion-1000 billion RMB (not 500 billion * 10, because the more the total supply, the lower the price). If 5 billion RMB can enter the top 20 in the global ranking, 10 billion RMB can enter the top 10, 50 billion RMB can enter the top 5, and 100 billion RMB can directly enter the global TOP3. Of course, by March 14, 2020, no one can know the total global market value and ranking of various projects at that time, and only the current market value can be used as a reference. By next March, the world’s cryptocurrency market will have three trends:

　　① The global market value decreased, BTC fell, with a very low possibility.

　　② The price slightly rose but was relatively stable, not significantly different from the market value or price at that time, with a probability of 50%.

　　③ The price soared, BTC doubled, and the global currency project market rose by 50-200%, with a probability of 49%.

　　The chances of the second and third scenarios are the highest because BTC has become a consensus, and blockchain has also become a consensus. Therefore, whether it is ② or ③, it is a good thing for Pi. As long as the cryptocurrency market remains stable or the热度 rises, the price of Pi will not be low. If the target Stellar coin can reach 2 yuan at that time, then if the total supply of Pi is lower than the Stellar coin, the price of Pi is very likely to be between 2-10 yuan.

　　The price of PI may be even higher!

　　XRP, also known as Ripple coin, reached its highest price at 27 yuan. The XRP currency was established by Ripple Labs Inc. and can support the entire Ripple network’s circulation. Its total quantity is 100 billion, with a certain amount of restriction. As the transaction volume increases, the number of XRP currencies will also decrease accordingly. However, it is important to note that in 2017, the XRP currency was also listed in the Chinese government’s list of illegal pyramid schemes.

　　Introduction to XRP currency

　　Ripple Labs, the company founded by Ripple, has been committed to promoting Ripple as a general standard transaction protocol for global banks, making currency transfers more cost-effective and convenient. The Ripple system can support global total accounts, and can automatically update billing information within a short time, with transaction confirmation time completed within 5 seconds, while Bitcoin usually takes 40 minutes to complete the operation.

　　Compared to Bitcoin, Ripple has certain differences. Bitcoin is a virtual network payment currency, while XRP is an online transaction protocol that allows payment in any currency. For example, when using Ripple in the system, the payer can make an online payment in pounds, and the payee can receive yuan directly through Ripple.

　　Ripple has long been a focus of virtual currency investors. In May 2013, the price of a single Ripple reached 0.15 yuan. However, due to various reasons, the price of Ripple plummeted last month, falling below 0.02 yuan. In late 2013, with the sharp rise in the price of Bitcoin, the price of XRP reached over 0.5 yuan. In early 2014, when Ripple Labs co-founder JED claimed that he would sell all 9 billion XRP he held within two weeks, it caused great panic in the market, and the price of Ripple was quickly pushed down to below 0.01 yuan, reaching an all-time low. Later, due to an agreement between JED and Ripple Labs for the sale, the price of Ripple stabilized between 0.03 yuan and 0.04 yuan for most of 2014. In November 2014, as more and more banks and financial institutions announced their support for the Ripple protocol, its price was once again skyrocketed to 0.18 yuan, and by March 15, 2015, it had fallen back to around 0.07 yuan.

　　It should be noted that Ripple Labs, which actively promotes the Ripple protocol, is not concerned about the price of Ripple. Instead, it hopes to gradually increase the value of Ripple through the promotion of Ripple.

　　The initial price of Ripple was 0.0000007 yuan, which can be said to be almost 0. However, since its issuance in 2013, Ripple has experienced a crazy trend. In 2017, it reached a high of 20.8 yuan, with the value of Ripple increasing by 30 million times in that year. Over the 5 years from 2013 to 2017, Ripple’s value increased by 30 million times. If an investor had bought 1 yuan worth of Ripple in 2013, by 2017, they would have become a millionaire.

　　Ripple coin actually has the same nature as Bitcoin, which is a virtual lottery and How to find it. This currency will decrease with the increase of transaction volume. However, this online casino and How to find it is not allowed to be traded in China. In 2017, Ripple was listed on the list of pyramid schemes in China. Therefore, investors should stay away from this online casino and How to find it, as the risks are extremely high.

　　Ripple coin uses a shared public database, which is extremely similar to Bitcoin in this aspect, and it is also a global total ledger of receipts and payments. It allows small businesses to receive their customers’ remittances in a few seconds without the need for participation of a central data exchange center.

　　The editor summarizes, after the introduction of the above content about how much was the original price of Ripple, I believe that everyone will have a new understanding of how much was the original price of Ripple, and I hope it can be helpful to you.

　　The current market value ranking is: Bitcoin 916 billion, Ethereum 132.7 billion, Radar coin 58.5 billion, Ripple 58.3 billion.

　　Radar coin is illegal and not recognized by the state, which can be said that at present, lottery and How to find it are not recognized by the state.

　　Radar coin has been listed on the list of financial fraud by CCTV. Radar coin is not a true online casino and How to find it, and it has an intricate relationship with the previous Vbao. Radar coin also often spreads false information, and the applications promoted are basically non-existent, very similar to the model of pyramid schemes. If you don’t understand lottery and How to find it, it’s better not to touch it, because the waters of lottery and How to find it are deep, and one wrong move can lead to total loss.

　　Extended Information:

　　Currently, various signs indicate that the national team has entered the market to seize radar coin chips. At this moment, if we don’t stock up more ourselves, we won’t be able to take a regrettable medicine later, or we will have to buy it at a higher price. The first target of the radar coin price increase has been successfully achieved. The next target is to exceed the issue price. There are also the third target, the fourth target, the fifth target… These targets must be achieved one by one. But we need to give radar coin time, and we need to give ourselves time.sports betting and The latest website

　　You might think that the radar price is high. Compared to the past, it is; compared to the future, it is low! The radar price is about to break through 330, will you still think that over 280 yuan is a high price? So, don’t hesitate, the opportunity comes but once in a lifetime. Time flies, and opportunities are fleeting.