In my previous mention regarding my view that the price of pi on exchanges belongs to a privately negotiated contract, I have also seen many people online believing that the GCV pi price of 314159 is a fantasy.
Here are some personal opinions:
Based on my previous article explaining that the pi prices on exchanges are all part of privately negotiated contracts, the on-chain price and the exchange price are completely different matters.
Anyone can freely create a game to privately negotiate the price of pi for trading within the game.
So, why do investors prefer to use the cheaper privately negotiated prices on exchanges rather than believe the on-chain prices right in front of them?
Then the question arises, since investors believe that the privately negotiated prices of pi on exchanges exist and can be traded at those prices, why can't we also consider that GCV's privately negotiated price of 314159 can exist for real trading?
Both exchanges and GCV belong to privately negotiated contract prices, so why the double standard?
And then, constantly being manipulated on exchanges, yet only blaming PCT for not acting. If you choose to gamble at the privately negotiated price on someone else's exchange, who can you blame?
Those who truly care for you, for value, and for the ecosystem have been working hard, yet they end up being criticized everywhere.
There is often no reason for people to lose money; it is usually self-inflicted.
#pi
#PI
#GCV
@dorisyincpa
自從pi錢包推出可直接在錢包內購買pi後，基於前文所提到的邏輯來看後續對照外匯走勢狀況如下：
附圖為EURusd與PIusdt的走勢圖。
如前文所提到，由於錢包提供的是法幣流動性，因此下跌是看外匯非美系列，而上漲是看pi供應。
因此讓我們對這一下走勢似乎可以看出用相關性。
在30日20點之前開始下行到低點時間，二者相同。
在31日2點高點與31日3點低點的時間對照也相同。
後續在往31日9點時，pi的上漲是關係到外匯+pi買盤二者總和，因此這時pi出現了買盤而導致pi上行比EUR更多。這完全就是與推測邏輯相符。
而在31日9點後為什麼就不同？
因為上漲是外匯+pi，而在pi上因為買盤較多，他會在買盤結束後受到流動性恆定乘機公式來自動均衡價格，因此看的是3點到13點的對照是相同的。
結論：依照前篇文章邏輯對照起來，非常符合下跌看的是外匯，而上漲看的是pi供應，是外匯+pi買盤。
想必應該能理解，這代表著只要pi出現利多新聞時的走勢狀況是會非常猛烈。
有些人可能產生一個問題是：那上行猛烈的話，那下行也可以猛烈呀？
這裡來說明，下行的猛烈是pi投資人自己到交易所上去出售，那是交易所的價格，如前篇文章所解釋，鏈上價格已經與交易所完全獨立，交易所價格已經是私人交易市場，屬於一款遊戲內的道具價格，與鏈上貨幣法幣無關。
交易所的價格下跌，完全不會影響鏈上，因為鏈上沒有出售按鈕，鏈上完全基於龐大外匯儲備為流動性。
#PI
#pi
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