I remember at least a coin using symbol ¶
https://bitcointalksearch.org/topic/annpi-picoin-the-math-cryptocurrency-just-launched-now-on-3-exchanges-502448,
But well, We will see, Besides Could you explain better this?
Fiat funds earned by PICISI will be used to rebuy (like recycling with added value) the currency on the open market.
You as own of the coin can sell high price and buy to more high price and you are in a lost. But I guess that idea behind of a trader is sell high and buy cheapest. But happens that all coins when are sold its prices begin to decrease, It is only a reason for that nobody want invest on ICOS or Presale. So idea to rebuy could be better explained.
Thank you for your post.
1) Pi is the abbreviation for the acronym PICISI, that's why we call the currency Pi, the currency code is NUMUS.
2) Pi was designed to play an integral role in the long-term business development of PICISI. PICISI's mantra is 'Promotion, Promotion, Promotion' this is primarily how Pi will enter the marketplace. Promotion Contractors are self-employed individuals from all around the world who do PICISI assignments. They are primarily writers, but also video producers, graphic artists, marketing professionals, and social media experts. Once registered, Promotion Contractors are able to work on various PICISI assignments to earn Pi. All of the projects they are working on is to promote the site, our sponsors, and the campaigns featured at the site.
Knowing that cryptocurrencies are notorious for being volatile investment instruments PICISI provides Pi with a level of stability by instituting a value adding 'rebuy' plan -- as we earn fiat we rebuy Pi on the open market.
As a crowdfunding site PICISI expects to earn revenue primarily through fees charged to campaigns, and through various sponsorship opportunities. The rebuy plan says, earnings in the form of fiat (USD, GBP, CAD, or any other national currency) will be used to buy Pi at public cryptocurrency exchanges. Also, if an official exchange sponsor is in place, all Pi purchases made by PICISI will take place at that exchange.
3) It's important to note that PICISI designed Pi to be used as both a currency and a commodity, Firstly as a commodity to be sold in order to raise startup funds. But also to be used as a currency when paying contractors and admins for services rendered -- that is the primary way the currency will be used. The fundraiser involves a maximum of 10K units and is earmarked specifically for website development. We don't know how much will be raised but depending on the amount raised that will determine the type of site we will have to operate with.
You will find that PICISI is trying to innovate how CC is viewed and used. We agree with you, normally when an investor is looking to buy a CC the objective is to buy low and sell high, the main problem is they don't know what is low or high, so they must research then gamble on their homework. For the currency (fiat and CC) creator, normally the reason they issue the currency is to raise funds to produce something, so it is normal to see a massive drop in price due to the developer (or country) using the funds raised to pay for the project. Furthermore, it is also normal, and proven historically, for the value of the currency (fiat as well as CC) to drop, and drop, and drop, over time because the creator of the currency never put the funds back into the currency, and that was never the plan -- it was designed to be a NORMAL one-way street.
That is where the rebuy plan changes everything, our plan is to build then maintain a strong currency. We know the value of a strong currency, we know the value of stability and upward momentum. When we issue the currency it will likely be at a very low rate, but as we rebuy the currency using fiat earnings produced from PICISI's crowdfunding business the currency will get meaningfully stronger. 90% of our income is expected to be come from fiat fees so as we do more business we have more funds to used to buy Pi.
Let's look at why we have no problem with an ever increasing price for Pi. Currently it will cost us $25 to have a 5 second sponsor promo video produced, if Pi is worth $1 each it will take 25 pi to get the video produced. If Pi goes up for us someone is getting that added value, that alone brings good attention to the currency, if it is the contractor receiving that added benefit it will be even better because his is more likely to learn more about Pi, and only spend it when he needs to. Continue, if Pi goes up to $2.50 ea that same video will likely be at the same price $25 but it won't cost us 25 Pi any more, it will only cost us 10 pi. The rate that Pi will increase should vastly out pace the rate labor costs increase, that is one reason why we have no problem with an ever increasing price for Pi. As implied in the example, when people see and receive unexpected added value in something, they tend to get more involved with it and to tell others to do the same.
Now of course there will be price fluctuations, and some investors will try to drive the rate higher than it should go that is to be expected. But an astute Pi investor will look to the performance of PICISI to get a good sense of where the price of the currency should be. Don't forget we only sell Pi when we have a major capital expenditure to finance, and that will be announced, otherwise we expect 85% of our spending to be with contractors. We only give it to people in exchange for satisfactory service rendered to promote PICISI.com, our sponsors, and campaigns featured at our site.
BTW, we are looking for people to join PICISI administration.