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what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
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how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
#pi network
#pi coins
#money
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
1. Currency Highlights
9th
Sep’2016
HighLights:
Indian Rupee erased its six days gaining streak to 66.41 on Thursday
US Unemployment Claims declined 259,000 for w/e on 2nd
Sep’16
ECB kept the interest rates unchanged in the September meeting
Japan’s Economy Watchers Sentiment rose to 45.6-mark in August
China’s CPI dropped to 1.3 percent in the previous month
China’s Consumer Price Index (CPI) dropped to 1.3 percent in August as against
a rise of 1.8 percent in July. Producer Price Index (PPI) plunged by 0.8 percent
in last month from a previous fall of 1.7 percent in July.
Indian Rupee retreated from its high and six day gaining streak and depreciated
around 4 paise to end at 66.41 against the US dollar on Thursday. The currency
depreciated on account of fresh dollar demand from importers and banks. In-
vestors remained cautious ahead of the government issuing the consumer
price index (CPI) inflation data for August and Index of Industrial production
(IIP) data for July on 12 September. Wholesale price index (WPI) inflation data
for August is due on 14 September.
However, sustained inflow of foreign funds along with upbeat domestic market sentiments cushioned sharp negative movement in the
currency. Weaker dollar index also prevented more downside in the currency.
Indian Rupee moved in the range of 66.3887 to 66.4912 in Thursday’s trading session. The Reserve Bank of India (RBI) fixed reference rate
for the dollar was seen at 66.44 and Euro stood at 74.76 in Thursday’s trade.
US Dollar Index grew by 0.1 percent in Thursday’s trading session due to rise in risk aversion in global market sentiments which led to in-
crease in demand for the low yielding currency. Further, favourable economic data from the country continued with positive movement in
the currency.
US Unemployment Claims declined by 4,000 to 259,000 for the week ending on 2nd
Sep’16 as against a rise of 263,000 in prior week.
Euro against dollar rose around 0.2 percent on Thursday on account of favourable economic data from the region. However, weak global
market sentiments coupled with stronger dollar index capped sharp gains in the currency.
French Final Non-Farm Payrolls remained unchanged at 0.2 percent for the quarter ending in June. European Central Bank (ECB) kept the
interest rates unchanged at nil percent in the September meeting.
The Sterling Pound plunged around 0.3 percent in Thursday’s trade as a result of strength in the dollar. Further, weak global market senti-
ments led to negative movement in the currency.
The Japanese Yen against dollar depreciated around 0.8 percent in Thursday’s trading session due to rise in risk appetite in global market
sentiments in early part of the trade which led to decline in demand for the low yielding currency. Japan’s Economy Watchers Sentiment
rose by 0.5 points to 45.6-mark in August as against a rise of 45.1-level in July.
SEBI Certified – Research Analyst Equities I Commodities I Currencies I Mutual Funds
Last PrevCl. PriceChng PriceChng%
DollarIndex 94.88 95.05 (0.17) (0.18)
USD/INR(Spot) 66.42 66.37 0.05 0.08
USD/INR(NseSep) 66.59 66.57 0.02 0.03
EUR/INR(Spot) 74.98 74.23 0.75 1.00
EUR/INR(NseSep) 75.21 74.93 0.28 0.37
GBP/INR(Spot) 88.71 88.73 (0.02) (0.02)
GBP/INR(NseSep) 88.97 89.04 (0.07) (0.08)
JPY/INR(NseSep) 65.50 65.69 (0.19) (0.29)
MarketHighlights
2. Technical View:
On daily chart JPYINR pair opened the day at 65.53,
made a high of 65.69, low of 65.46, and closed the day at
65.50, thus it closed the day with gain of 0.37 point.
On daily chart JPYINR has been facing strong resistance
at 66 levels which is unfiled gap and 21 DMA also. Be-
side, pair has given closed below 21 moving average
which is place at 66.01level. & it show that near term
trend is down. On daily chart pair has formed for day
bullish candlestick pattern with. Which suggest some
buying at lower levels.
On daily chart momentum indicator RSI reading is at 48
levels which is also strong horizontal support now its
point out for positive breath in the pair.
So for trading perspective, one could use sell on Rise up-
to level of 65.79 with SL of 66.60 for Target of 64.40-
63.85
Pivot levels for the Day
Technical View:
On daily USDINR pair opened the day at 66.67, made a
high of 66.69, low of 66.56, and closed the day at 66.59,
thus it closed the day with a gain of 0.03 point. Pair has
given bearish breakout of head and shoulder.
On daily chart pair has open with gap up and made
small black body candlestick pattern. Which represent
uncertainty, and other hand pair has been trading below
all short term, medium term, and long term moving av-
erage which is 20, 100 and 200.Whereas on weekly
chart pair has closed below 20 & 50WMA. Which sug-
gest short term trend and medium term is bearish.
A Daily momentum indicator RSI reading is at 35 levels
with negative crossover, besides RSI reading is near to
its trend line and horizontal support which point out for
bounce back.
So for trading perspective, one could sell with SL of
67.20 for target of 66.30-66.10
Currency Highlights
9th
Sep’2016
USDINR JPYINR
SEBI Certified – Research Analyst Equities I Commodities I Currencies I Mutual Funds
S3 S2 S1 Pivot R1 R2 R3
USDINR 66.35 66.48 66.54 66.61 66.67 66.74 66.87
JPYINR 65.09 65.32 65.41 65.55 65.64 65.78 66.01
3. Pivot levels for the Day
Currency Highlights
9th
Sep’2016
GBPINR EURINR
Technical View:
On daily gap up opening EURINR pair opened the day at
75, made a high of 75.26, low of 74.97, and closed the
day at 75.21, thus it closed the day with a gain of 0.37
point.
Price has have been trading in descending triangle
pattern now price has taken support at 74.50 which is
200 DMA as well as lower band of descending triangle.
On other hand price has been trading below its 20, 100
daily moving average whereas took support at 50 daily
moving average which place at 74.48 which suggest
short term, medium term trend is down and long term
is bullish. On daily chart pair has formed bullish candle-
stick as well took support at 200DMA. On daily chart
momentum oscillator RSI have been trading at 41 level
which is also strong horizontal support now its point out
for positive breath in the pair.
For now we can expect prices should move to towards
75.50- 75.75.60 levels in the coming trading session.
Technical View:
On daily GBPINR pair opened the day at 89, made a high
of 89.04, low of 88.80, and closed the day at 89.97, thus
it closed the day with a loss of 0.08 point.
The price has been trading in following channel for-
mation from past weeks and prices have been facing
resistance of its upper bad of channel at 89.25 levels.
The prices have been trading above its 20 DMA and 50
DAM with is at 88.12 and 88.74, that is suggest short
term trend is Bullish.
A momentum indicator MADC has given bullish Cross
over with positive note on daily chart, many more direc-
tional indicator given buy signal which suggest bullish
momentum in the prices in coming trading session.
For now we expect prices should move high towards
90.80 with SL 87.50 levels in the coming trading ses-
sions.
SEBI Certified – Research Analyst Equities I Commodities I Currencies I Mutual Funds
S3 S2 S1 Pivot R1 R2 R3
GBPINR 88.46 88.70 88.83 88.94 89.07 89.18 89.42
EURINR 74.57 74.86 75.03 75.15 75.32 75.44 75.73
4. Currency Highlights
SEBI Certified – Research Analyst Equities I Commodities I Currencies I Mutual Funds
9th
Sep’2016
Economic Indicators
Date Time Data Prior Expected Impact
09.09.16 7:00am CPI y/y 1.8% 1.7% Actual > Forecast = Good
for Yuan
09.09.16 7:00am PPI y/y -1.7% -1.0% Actual > Forecast = Good
for Yuan
09.09.16 2:00pm Goods Trade Balance -12.4B -11.7B Actual > Forecast = Good
for currency; GBPINR
09.09.16 All Day Eurogroup Meetings
09.09.16 5:15pm FOMC Member Rosengren
Speaks
5. Currency Highlights
9th
Sep’2016
SEBI Certified – Research Analyst Equities I Commodities I Currencies I Mutual Funds
Vikas Chaudhari
Digitally signed by Vikas Chaudhari
DN: cn=Vikas Chaudhari, o=Choice Equity Broking
Pvt Ltd, ou=Research Department,
email=vikas.chaudhari@choiceindia.com, c=IN
Date: 2016.09.09 08:47:15 +05'30'
