Topic: Difference between pi and bitcoin - page 3. (Read 597 times)

You made me happy today hehehe, I enjoyed your post. I hope that the creator of this topic will be aware, to be honest, I don't understand why they insist that Pi and Bitcoin are just equals and others still think that Pi will surpass Bitcoin, which is clearly the hype and fraud. theirs.

It seems that it is like a cult controlled by the belief in Pi, it's good that the other meme coins are shitcoins in the eyes of the majority of the community here in the crypto space and at least the other meme coins such as Pepe coins, Floki and others have exchange to be able to trade in them while Pi has been around for several years and it sill no exchange listing til the preset time now. .

Pi network and Bitcoin has nothing in common, Bitcoin is a Proof of Work (POW) while Pi uses the term Mining but in actual sense it is not mining, I doubt it is a blockchain token. I just feel something is wrong with this Pi network of a thing, the motive for now is not fully clear for people to see but with time I believe truth will come out about the project. I own some for now in case the price pump, but I just don't truth the project that is using us to make profit by mining our data.

To answer your question honestly, BTC is a legit digital currency that has been there for over a decade with people actually trading it in various exchanges. On the other hand, pi coin is a scam coin that has no benefit whatsoever.

Bitcoin is legitimate, Pi seems to be not. Be careful. They might ask you or maybe require to process KYC, there are a lot of rumors about them using this Pi project in order to mine Pi users' data. It is a shady project, I suggest refraining from inviting more people and giving them out your personal information.

yes, I agree that it’s all different in fact, but bitcoin is a full-fledged one today, cryptocoins of prices are tied to it, and so on, and what is pi, this is not even a project for today, as I understand it, this is a scam project that is not worth investing in, the team has no prospects for today and they have been sawing this project for a long time, but nothing good really comes out

Pi Network and bBTC are different cryptocurrencies with distinct purposes. Pi Network aims to create a decentralized currency for everyday people, while bBTC tokenizes Bitcoin on the Ethereum blockchain, enabling interactions with Bitcoin within the Ethereum ecosystem. Understand their goals and technology before considering investments.

Well, you're a newbie, so questions like this would be normal especially if you aren't knowledgeable enough with regards to cryptocurrencies. Let me give you something that will help you to compare these 2 coins.

Bitcoin is the top cryptocurrency in terms of market cap. Bitcoin is the most trusted cryptocurrency right now. Bitcoin is the most used cryptocurrency. Bitcoin is what I consider the safest cryptocurrency to invest your money if you really want to invest into crypto. I believe there are more things that I can say with regards to Bitcoin, but many here already said it.

On the other hand, PI is like other shitcoins out there who are just promising those users who pre-mined their coins. PI is just another altcoin out there that will just get dumped by those who virtually mined their coin thru their app. PI is just another shitcoin out there that will be worthless in the future. The project has been on development phase for years already, and yet the token isn't tradeable still. It's because they're afraid that those who virtually mined their coin will just dump the coin, which is inevitable because for sure those who mined it (even though they aren't) will surely dump it.

To summarize, Bitcoin is the most trusted cryptocurrency while PI is just one of the altcoins out there that will just get dumped like what happened to other altcoins.

Pi is not even decentralized. Admin can block your account in second if they are feeling your account was suspicious. It's really wrong to call that if pi has low level of decentralized caused by the fact that if pi didn't have any level of decentralization.

This garbage token is fully centralized and controlled by its creator.

You can compare the use case and level of decentralization of the different networks. Then you will get an idea about who is the best.

Example :

1. Bitcoin - 100% utility and have a good level of decentralization
2. Pi Coin - 0% utility and have a lower level of decentralization

BTC is the champion in this environment, don't compare things that have not created their own foothold with btc. Frankly speaking, I only see PI as a multi-level game, a flexible form of scam where investors are invited to participate in a business model that promises high returns. The paranoia of making quick profits and causing economic losses to the participants. It can also reduce investor confidence and affect the development of the crypto industry. Therefore, it is advisable to be cautious and thoroughly research any crypto project before investing or participating in the business model. Always put your interests first and be mindful of the risks when investing in a new crypto project.

Hearing a lot of them on facebook since many of their holders hype this coin, also I heard a lot of  promises but none of them became reality. To many people lose their hope that there's something great to happen on Pi since even at the moment there's no timeline for them on when they can sell their coin on exchange. For now the only people earning with this are those people create fake promises just to sell their coin to other hopeful holders.

The difference is between 100% true Cryptocurrency and fake Cryptocurrency, PI is not centralized and the mined token is fake you did not own it and it will only be yours depending on the allocation the developers are allowed.
It's another shitcoin but unfortunately, because it's free, people are in a hurry to mine it, it will be listed in a small exchange because this kind fo shitcoin will have zero chance of getting into big exchanges.

PI coin? Ive been hearing out this coin on social media specially on facebook on which they've been trying out to trade this  coin and i do see that it doesnt have that its own blockchain but rather it is really just

that mineable on some mobile app. I dont know if that one listed on coingecko is the one we've been talking ( i havent checked) but im much sure that this one is really that been circulating
which it is really that been considered to be scam. Any coin which doesnt have their own blockchain and been p2p traded by some people then i wont really be putting up that trust into it.
Value might really look that good but its not something that you could trust on.

Nothing beats up Bitcoin and this is what you should be accumulating in the first place, considering that it is really that always on the top of the rank for a decade+ now.

as for me, it’s not a successful project, otherwise you can even say that the project is fraudulent, since a lot of people are already talking and writing about it, I myself participated in their program, but I didn’t receive it, I didn’t recommend these pi any investment in this scam project, definitely invest in bitcoin, this is 100% approx.

The Pi you mentioned has been long-baked and isn't tasting good for ages. I am not sure if you are too new or if you have been told about pi in a completely different way but it's not entirely true at all. Pi has been exposed to scams throughout the forum as well as outside the forum. It has been very well known that they are secretly leaking the KYC documents of many peeps and have been caught doing so. One user literally showed all the documents and posted them on the forum itself. So you can judge by this act itself how genuine this coin is. There is no way you can compare the Pi network and Bitcoin in any sense. They don't do the same functions, because Bitcoin is bitcoin and it's a coin, it runs on the blockchain. Well, Pi is Pi, and it's useless.

I don’t know what you're comparing with Bitcoin, because it’s always top coin in the market even you know without btc we can't imagine the cryptocurrency, where Pi is absolutely scam/shit coin because in the last few years people's mining Pi coin but still they can't list it in any signal exchange to trade it, how people can trust it?

PI network is a 100% scam coins that promises a useless token for wasting energy on mining while Bitcoin is 100% profitable token that rewards miners from solving blocks and processing transactions in the Blockchain. Pi Network doesn’t have mainnet even if it’s running for a long time on testnet because devs is just giving their miners a false hope in exchange of free promotion that they can get from their miners that doesn’t that they are mining useless token.

Pi and BTC doesn’t have same function.

It's because of ignorance, it's so sad that there are a lot of people that wouldn't care about the data that they're sending over to the pi developers. They're being exploited by these as they've got their own application where everyone visits and those visits are converted into cash. While these people think that someday it's gonna be worth of wait for them the reality should stick in their minds that there's no way that they'll make money from it. But instead, they're the ones that's helping the devs to make cash out of their presence on its platform.

Op you can see more details on Pi here https://www.google.com/amp/s/capital.com/amp/pi-network-coin-token-crypto and from the above article I wasade to understand that pI coin has not even listed in any exchange platform. And even the recognition is very low in the world. But they (Stanford University academics Nicolas Kokkalis) are trying to create the coin to be like bitcoin. But I don't think they can work out to that level, because they have already gotten it in a centralized way.

Another obvious difference between Pi and Bitcoin is the target of each cryptocurrency. And why compare such an unfair thing, like we are talking about a giant (bitcoin) and an invisible thing that has not created any value (PI).
Personally, I know the PI community is quite negative, they are like multi-level people trying to spread the word about PI to find liquidity, and most of them don't bring much positivity. I don't trust the PI team so any information surrounding it I label as bad guys, just like when you already know they are bad guys and deceive yourself into seeing and treating them as good.