Topic: Introducing PiCoin - early mining! (Read 292 times)

You are a little confused between these similar coins. As far as I understand, OP writes about PiCoin - https://coinmarketcap.com/currencies/picoin/markets, which is not actually traded on a cryptocurrency exchange yet. You same write about the Pi network coin - https://coinmarketcap.com/currencies/pinetwork, which recently made a lot of noise after listing on Huobi.

I wonder what will happen once everyone can sell their PI coins....

   -  Exactly, you hit the spot mate. That's what they're doing, imagine how many years I've been hearing that and I can't deny that there are a lot of people who are crazy about that Pi even though it's clearly a scam and it's just hype, they believe that it has value in the future. How can there be value without exchange and potential?

So until now, it has remained a scam, just investment and events in different places and countries, it seems like Pi's activity is only onecoin.

Word scam annoys me when it's been used vaguely, so what exactly was the scam part here then? They didn't get their money so was this about user data?

However people should know not to buy anything IOU. Exchanges set the value too high as in that way these exchanges won't make losses when real coins come and they need to provide the actual coins for the speculators.



Iou charts look silly

Why this topic is being discussed which is started way back in 2019? I mean its already outdated and no one cares about the PiCoin. The project has been around since that time but it was already gotten into scam accusations long ago. There are also many threads claiming that KYC information was leaked many times from these projects and they were not able to restore the trust. Yes their software still runs, it still gains the popularity because it is being portrayed in that way. However its always good idea to stay from them considering the fact that they have had bad history since the beginning

It seemed like a marketing strategy.  Pi was listed on an Exchange and every body went wild once the price reached high levels.  Then Pi team says there is no Exchange listing and adviced the Exchange to delist the fake Coin.

Now a considerable amount of people know about Pi.  They previously knew Pi was a scam.  Now they know the hype.  They probably think it can not be a scam if there was a listing.  It looks like a strategy to wash previous bad reputation away and build a hype.

-
Regards,
PrivacyG

If this is the PI coin that recently fake list on CEX. They are claiming that this token is mineable using mobile phone cpu using there apps. There’s no need to setup the mining pool because there so called apps is connected on it. It’s just a download and mine setup.

This coin is indeed not promising. This was introduced many years ago with fake mining while they are collecting KYC in able to withdraw the mined tokens. This is a scam coin and a waste of time. They are just fooling there blind followers in the early investment story to encourage them to waste energy on mining.

Those who did KYC are not thinking straight. Maybe they thought the price on exchanges where the IOU is listed is the real price. But if they knew how to understand how marketcap works plus the demand for a free fake mined coins which doesnt even can be count as blockchain will do. Im pretty sure this will turn out bad for those who are expecting it to be a gold.

Yeah, that was what I was thinking too, installed the app on a burner to check it out and it seemed weird.

There is no mining happening. This is outright scam using crypto to disguise whatever their scheme is.

Pi don't have a future

You will be rarely find dumb people who wasted their internet and electricity to mine that garbage coin. People in here care about their privacy while so many stuped pi miners were giving away their KYC to the garbage po developers lol



Those exchange sites were listing IOU coins. There's no something special about that. The only stupid people who used those scam exchange sites. Be careful. You shall not be fallen into this garbage coin. Those exchange sites were doing shit for their own users. Lol i don't know why those stupid traders didn't even aware about that

It's an outright scam! Avoid at all costs!

Picoin launched around 2017 and is still not listed in any exchanges even though the owners have been claiming to do it for a long time. It also requires full KYC before you are allowed to withdraw the coin. It's free to mine through a mobile app!

Tell me one simple thing - if a coin is so easy to mine through a mobile phone which requires no additional production cost, why on earth anyone will buy it from exchanges?

If possible delete it from your mobile phone because you don't know what kind of data is gathering from your phone!

You posted about it in 2019, and we have seen it in these previous days that some exchanges has listed the PiCoin and they were only in a way where most of the people losses their money, they were in the greed or earning even more money, whereas the own PiCoin channel has announced that we didn't even bring the Mainnet.

I think its look like great but not confirm that they give him profit are not but huge amount of people interested in this project and the people regular use a mining app pi coin is mining project the token is not listed anyone interested in this project simple download app and start mining in daily basis one click in 24 hours you got some pi coin in this time not confirmed they give profit are not.

Doesn't look very promising if you don't set up a pool and tell me to straight download it from the play store.For me this is not professional and bring back memories of how many people were scammed with the Pi network or some bullshit that you could mine with your phone,no one of them was happy and they pretty much make their phone lifespan shorter by doing it.

Whenever I would at least try in a sandboxed environment is when the project has much more details rather than you posting an essay as the first post trying to convince me.I wish this is successful but 99.99% I bet it will be not.

I

Cryptocurrency is an opportunity to everyone here who have a fine knowledge about in this field of business.
However, the only crypto I would trust for are the one's who are listed at top 50 in the market. And those altcoins that are not
belong to this top coin are just a piece of sh*t to me.

And Picoin is not belong here in this top coin in the crypto space, so no reason for me to try this
as an opportunity here to gain, it is actually a waste of time to spend with.

It seems this is the only topic on PiCoin, is anybody actively mining this?

Hello everyone!

Looks like there is great new opportunity in crypto world! Have you ever dreamt about being early BTC miner? Back in 2011, when BTC was worth less than a cent and one could mine dozens of BTC on their home PC? If we did it back then, today we'd be millionaires.

There is new project, that can make it happen - PiCoin.

Project is on very early stage and it means we can really contribute to it and be a part of something that may become very big. I encourage you to visit site: minepi.com and read details about this new exciting coin.

Pi can be mined on your phone! I'm mining right now and I can confirm it does not drain your battery nor slows down your device. You just download the app and after that all you have to do is log in once a day to confirm you're not a bot. And see your Pi balance is growing!

I wanna be clear about it - Pi is not listed on exchanges yet, so it means it has no value. As for today, you can not exchange it to any other crypto or fiat currency. But you shouldn't be looking at it as "faucet" or free money. This is investment. We can make it big! The more members pi network gonna have, the more stable and secure picoin will become. And the higher its future value will be!

As for now, project is on stage 1 - going market is stage 3 and it's scheduled on first quater of 2020. That means we have no more than 5-6 months to take advantage of early mining and spread the word about the project.

Let me give you some example about how much you can profit of PiCoin.

Assuming you start mining today at standard rate you will be able to mine about 14 picoins per day. If you invite another members and create your earning teams, total bonus to mining can give you 10x that value or even more, and that means up to 150 picoins per day! But let's stay with basic value. In 6 month before PiCoin hits the market you will be able to mine around 2500 PiCoins (14*180) or up to 25k PiCoins if you created a good earning team. If Pi will be valued 1 dollar only, it means in 6 months you gonna have 2500$ or maybe even up to 25000$!

And what if it hits 10 dollars? Or 100? Remember, BTC was worth less than a cent when it first appeared!

I strongly recommend you to visit project site - minepi.com. Read FAQ and White Paper sections for full details about the project, about its protocol, technical details and people (scientists from Stanford University!) behind PiCoin. It seems very promising at the moment!

So far we're reaching 500k members. You can be the next member and you can start investing in your future today! Please, you can use my refferal link to sign up - minepi.com/Cybermonk



Sounds good? Are you interested and wanna start mining? Here is what to do:



All you have to do is go to play store and downlad application for mining PiCoins. Just type "pi coin" in search bar. It's also linked on project website. Let me stress this once again - using this app doesn't affect your phone in any way. It doesn't drain your battery, doesn't slow down your device and you won't even notice it's there. Except it will make your PiCoin balance growing huge!

When you register you need to enter username of a member who recommended you the project. It's very important that it's based on real people, not bots. Thanks to that we will be able to make PiCoin strong cryptocurrency! That's why I ask you to enter my username: Cybermonk as a person that invited you. This will give mining bonuses to both of us!

Once you register, mining starts automatically and you don't have to do anything more except opening app once a day to confirm you're not a bot. You don't have to do anything - but you can! You can spread word about PiCoin, you can build up your earning team, invite new members and explain to them how things work in PiCoin project.



I wanna be honest with you - it is unclear at the moment, if PiCoin gonna have significant value. It's too early to say. But it's just like with Bitcoin back around 2011. We are creating it now! It depends on us if Pi gonna make an impact on crypto markets. We can make it big, we can make it valuable by making it popular and by taking care of the network (like not allowing bots to take over). And one day who knows - maybe we're gonna be rich?


Don't miss your chance!



Cybermonk



PS. To moderator - I'm sorry if this is wrong section, please remove it to the right one if it is, but don't delete my post. Thank you!