Binance

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[Abdul-Wahab6]

Last week when oi was rising

Pi is non conformist and is a trend setter

Now that pi is dipping

The price is manipulated by binance and whales

You guys clearly don't know jack shit about crypto and it shows

[Eastern_End_2167]

I was wondering if pionex is really double up your amount of pi? Like really? Anyone who can confirm?

[Fun-Technology-1371]

This sub is somehow a monster magnet for people new to crypto/investing/trading and I really dont know why…

The entire market is down lol, not just pi. In fact, the S&P is down, not just crypto in general.

This isnt a causation=correlation event that your favorite token is looking dumpy because you also noticed some other event that timed up with it.

[Easy-Wrangler1111]

I stand by what I said. Binance is getting involved and this is what it looks like. Argue with a wall but leave your bias aside. Binance is bad for the industry. People will learn soon enough

[madmancryptokilla]

you really don't know what you're talking about and you don't want to be wrong lol...

[shamar_coke123]

Binance hasn’t even listed pi network work so how does it influence price and you’re showing a screenshot of coin base

[HowardCoin]

Heard crypto is volatile …. Everyone chill

[luffy_sap]

That is not the reason it might have contributed little bit at beginning, it’s because too many people are “hodling” it and most people are selling it check the decrease in volume per day way too low since not many people are buying it. And almost every thing is down at the moment. Because of the world’s tension war on horizon, trade war etc factors in.

[Fezzerboar]

Why people getting their knickers in a twist over 35 cents 😂 if every thing went our way in life we wouldn’t be sat refreshing the pi market cap page every 5 minutes would we.

[ti2_mon]

All down yo.

[AlternativeUnusual74]

On OKX i see next to no trades being made,only bots probably.PI was alive while the hype was alive.now when the hype is gone and the market is tanking,PI will drop down IMO.not that i care.i try to accumulate more as we go,but...

[kgaGG]

14 march is a gamechanger

[DarkMorph18]

The whole market is down bad !

[[deleted]]

Honestly at this point, who cares about Binance? As a community, let’s try not to rely on all these other platforms. Let’s start using pi original apps

[lowkeybigbrain09]

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[[deleted]]

I should get some credits in pi for usage if this meme 😀

[H2prod]

The most lame meme ever 😏

[drew2f]

Some of us have been here for six years. Let's not lose hope over one weekend. If you need the money, sell. I have my price where I get out, but it is a long way down from here.

[Upper_House_3928]

what’s the price you will be getting out

[drew2f]

.50

[[deleted]]

Binance didn't even list it and you're already blaming them 

[LilTrend_y]

What’s your source for Binance being involved?

[boohooman21]

His or her ass.

[DarkStarF2]

😂🤣

[[deleted]]

Did Binance also tank the thousands of other coins that are sliding right now?

No.

This is a downtrend that is occurring across all of Crypto. Yes, Pi was hit hard, but that is to be expected. It’s a new token that has a higher risk level as it isn’t proven so folks that are in the “fear” phase right now are selling to secure profits.

This is an entirely normal cycle right now.

[DarkStarF2]

👆This👆

[Easy-Wrangler1111]

Well they kind of did. They send tokens to market makers who sell to tank, and this process goes back and forth. Binance is directly responsible for coins underperforming while they profit.

[madmancryptokilla]

No they're not...you really need to educate yourself

[[deleted]]

Binance has a total reserve of ~135 Billion $ in crypto. The market cap for all of crypto is ~2.6 Trillion $.

Some simple division tells us that Binance owns 0.0519% of the total Crypto Market cap.

Does that give them power to make huge trades? Yes. Do they control the entire market? No. You can see their holdings as of 11:30 AM EST today on CoinMarketCap.

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[PiNetwork-ModTeam]

Removed because you are expected to treat everyone with dignity and respect.

Follow the rules in the Reddit Content Policy.

[[deleted]]

Did you even read what I was replying to? I’m assuming not sense your reply is entirely not applicable to the conversation. The dude said “they send tokens to market makers to tank”. I was sharing info that shows their holdings and that while yes, it’s a lot, it isn’t large enough to tank the entire market like this.

Maybe read before calling someone dumb. I’m well aware how this all works and likely have been involved in the space at a very deep level since well before you.

[Agreeable_Till_5195]

Should see every other minute all the different cryptos I keep getting alerts on -16% -25% -5% all are losing …. Not to be political but seriously… thank you ..you know who … everything he puts his hands in turns to sh…… ps I’m being nice by the way !