Is Pi mining networks real? - page 4.

barlo357

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Quote from: ?? on ??

Pi Network is a social cryptocurrency and developer platform that.
1• allows mobile users to mine Pi coins without draining battery or harming the environment.
2• fosters the world's most accessible and ubiquitous apps platform where developers can offer users real life utilities and products in exchange for Pi coins. With its 35+ million engaged user base and novel mining mechanism that allows anyone to mine Pi straight from their smartphones, Pi Network strives to bring real power back to the masses. Pi's blockchain secures not only transactions via a mobile meritocracy system but also a full Web 3.0 experience where community developers can build decentralized applications (dApps) for millions of users.

Pi network is real with a market cap of $1,120,344,681,920 and price of $25.33 on the coinmarket cap.

https://coinmarketcap.com/currencies/pinetwork/

This is cap. It was stated on the real pi app that the one with value on coinmarketcap is not real. There is still no price on the real pi.

FrozenBit

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What you see in the pi app and their monetization from ads rather than promises to people creates a coin stronger than bitcoin. It's funny how many people think that one day the price of pi will reach hundreds, thousands of dollars. When I ask them about pi they know nothing, and the reason for them to know and dig it is when people say it's like bitcoin

). In addition, I find it funny to trade in this coin as the pi team refuses to accept responsibility for trading while many people claim that pi has very good liquidity.

MAAManda

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First of all, never trust a project that only gives promises without taking real action, at the beginning of my crypto journey, I knew about this project, but what? until now the development that they do has never been realized in real terms. It's just an app that steals data and sells it.

Quote from: FiveG on May 23, 2023, 10:59:15 PM

Pi mining network is listed on different trading platforms that is trusted coins coming out soon

Image Source: Coinmarketcap

Do you really believe they will launch their coin as well as their mainnet? LOL, as I said before, never trust a project that only delivers on promises. As you can see in the image above, even though the Pi coin has been listed on various exchange platforms, you can only trade in-exchange, be careful with this, mate.

Quote from: FiveG on May 23, 2023, 10:59:15 PM

China are willing to buy it when is launches into the market

Really? could you please provide link to that news?

Quote from: FiveG on May 23, 2023, 10:59:15 PM

Do you think is real or is going to be launched soon?

"BIG NO"

abel1337

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Quote from: Lagduf on May 26, 2023, 11:14:55 AM

Quote from: glendall on May 26, 2023, 09:09:17 AM

no one knows because this project is from the end of 2018 I know until the day I don't determine its development in the intended mainet, the uneven implementation of KYC makes it doubtful to do kyc if you get an invitation

So many people have been clariffying if that was another scam. There's nothing more than it as a scam coin. The dev were brainwashing people to mint this shit scam coin. The dev took advantage by fooling people to clicking adds when they are mint this shit scam coin on their phone.

This project is not real. The only stupid people who keep believing this is real.

I remember TBC with this coin to be honest. They are using people to and make them believe that the coin will rise, also there are pi merchant believers that are accepting pi as a payment on what they are selling. It also happened on TBC which is a big scam. Since then, I don't really believe in this coin since it's very suspicious starting from their mobile mining app where nothing is really being mined, doing KYC to their members for greater rewards and now which is making the public believe that they will be rich with this coin. Unknowledgeable people are the one who are am I pertaining as public.

FahriZah

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I'm confusion with pi because when first time pi mobile mining start than i starting pi mining my friends give me invitation link from pi mobile mining. Already lost my old pi account and Again create new pi mobile mining and started mining newly i hope pi is real project but we need to wait with patience.

Lagduf

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Quote from: glendall on May 26, 2023, 09:09:17 AM

no one knows because this project is from the end of 2018 I know until the day I don't determine its development in the intended mainet, the uneven implementation of KYC makes it doubtful to do kyc if you get an invitation

So many people have been clariffying if that was another scam. There's nothing more than it as a scam coin. The dev were brainwashing people to mint this shit scam coin. The dev took advantage by fooling people to clicking adds when they are mint this shit scam coin on their phone.

This project is not real. The only stupid people who keep believing this is real.

dimonstration

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Dimon69

Quote from: FiveG on May 23, 2023, 10:59:15 PM

Pi mining network is listed on different trading platforms that is trusted coins coming out soon, China are willing to buy it when is launches into the market but I had trust issues with most of airdrops and free mining networks, some after a while it will just vanished or remain irrelevant. Do you think is real or is going to be launched soon?

The PI coin that is listed on the exchange is not the same token that user mine using their mining platform. Exchange offers an IOU token probably they just want to benefit from the hype of PI tokens since there are a lot of users holding this token for many years despite there being no real utility and fake blockchain network. Don't waste power consumption and time on this token since this scam project is running for many years without any significant development aside from pure hype from the community that wants to dump their token once there's already an exchange list it.

jacafbiz

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Pi mining has started for some time and it has been making noise for some time until it is officially launched nobody can authoritatively say this is how it will pan out, I know a large number of people that have mined it and are still mining it, I see the token is trading around $20 per token, and there are billions of these tokens in circulation, I don't know where the people behind the project is going to find money to pump the token and I have seen any big exchange mentioned they want to list it on their exchange if this trade at $1 some people will be made for life but I will dump mine at the earliest possible time available

masulum

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hmph..

Quote from: cryptoaddictchie on May 25, 2023, 10:06:07 AM

I dont know cant judge them by their looks. But obviously this Pi Network works like a ponzi its like the lyka gems that surround before and now its gone. Many scrutinize that project due to a lot of factors. Worse is Pi is being inclined as a blockchain project which clearly it isnt. Its like a centralized platform for using Pi but not really involve blockchain tech. So be careful to a lot of coomunity there, dont wanna fall on this.

I don't want to demean the citizens of my country, but in fact, older people, both women and men, mostly have no interest in crypto. If there are a lot of old members attending community meetings, chances are they are only interested in promises of profit. If they run a ponzi scheme, I remember the case that happened to the bitconnect community.

Well, I tried to visit Pi Network Indonesia facebook, look at this. Not much different, the participants are old people, why? because they are easier to influence so they can join PI. Cases of "multiplication of money" fraud in Indonesia are common and most of the victims are old people. The scheme that makes me suspicious of PI at the beginning. Even though there were also many young people, from several meetings I found the participants were elderly people who incidentally are very easily tempted by the lure of profit, getting rich and so on.

glendall

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Quote from: FiveG on May 23, 2023, 10:59:15 PM

Pi mining network is listed on different trading platforms that is trusted coins coming out soon, China are willing to buy it when is launches into the market but I had trust issues with most of airdrops and free mining networks, some after a while it will just vanished or remain irrelevant. Do you think is real or is going to be launched soon?

no one knows because this project is from the end of 2018 I know until the day I don't determine its development in the intended mainet, the uneven implementation of KYC makes it doubtful to do kyc if you get an invitation

avikz

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Quote from: FiveG on May 23, 2023, 10:59:15 PM

Pi mining network is listed on different trading platforms that is trusted coins coming out soon, China are willing to buy it when is launches into the market but I had trust issues with most of airdrops and free mining networks, some after a while it will just vanished or remain irrelevant. Do you think is real or is going to be launched soon?

I have literally thousands of Pi coins sitting on my smartphone and I believe it's a scam bigger than we can ever imagine! First, let me ask you a question -

Let's assume you can get groceries free of cost from the government. Will you buy the same quality of grocery items from a private departmental store by paying them? The answer is most likely NO unless you have an abundance of black money lying in your house.

Now let's change that perspective to Pi coin. It can be mined through a mobile phone without using any computing power. So how on earth will someone buy that same coin from the market by paying money? It's a flawed logic from the very beginning.

Also you are expected to complete a full KYC if you want to withdraw your Pi Coins. I don't know whether this facility is available yet or not but the KYC is surely available. No one knows what they are going to do with your KYC data.

Stay away from it as much as possible.

raidarksword

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Quote from: ?? on ??

Pi Network is a social cryptocurrency and developer platform that.
1• allows mobile users to mine Pi coins without draining battery or harming the environment.
2• fosters the world's most accessible and ubiquitous apps platform where developers can offer users real life utilities and products in exchange for Pi coins. With its 35+ million engaged user base and novel mining mechanism that allows anyone to mine Pi straight from their smartphones, Pi Network strives to bring real power back to the masses. Pi's blockchain secures not only transactions via a mobile meritocracy system but also a full Web 3.0 experience where community developers can build decentralized applications (dApps) for millions of users.

Pi network is real with a market cap of $1,120,344,681,920 and price of $25.33 on the coinmarket cap.

https://coinmarketcap.com/currencies/pinetwork/

The price is only an IOU which means it is not the actual price of Pi network and hence mainnet is not yet deployed no one knows what will be the value of it. Though I am still mining in the app daily and hoping it will have a big impact towards the mainnet deployment soon. I don't have problem of it hence devs are active and for me it has a massive community that backs it up and it will create a great hype upon the launch.

yazher

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Quote from: Andrija Branislav on May 24, 2023, 11:34:06 AM

I am also confused for this project. There are quite a number of users, but there is no specific sign when it will be launched and the KYC verification process is also quite long. I also entered to mine but for now I will stop pit first and until now I haven't had kyc either, okay. I'm confused as to why it's like that.

There has been a lot of hype about this coin in the last year but this time they are not making any progress yet since their coin has no value in the market and it has no liquidity to show us that they are even real. It's easy to conclude if the coin is real and legit in the meantime because all they need to do is to have their own exchanges to trade their coin freely there and also to have it listed on some known exchanges nowadays. with that, we can say that they're really legit and working towards a new future because when you read their posts regarding this Pi coin, you only get some hype and we all know none of that matters unless we can trade the coin freely.

cryptoaddictchie

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Quote from: masulum on May 25, 2023, 09:54:38 AM

look at the people who attended the Pi-Network community meeting, it seems they are not people who understand crypto right, I'm pretty sure they are join this community because of tempted by the promise of profit and make them rich sooner. Indonesian old lady interested in crypto, lol, Cool

I dont know cant judge them by their looks. But obviously this Pi Network works like a ponzi its like the lyka gems that surround before and now its gone. Many scrutinize that project due to a lot of factors. Worse is Pi is being inclined as a blockchain project which clearly it isnt. Its like a centralized platform for using Pi but not really involve blockchain tech. So be careful to a lot of coomunity there, dont wanna fall on this.

masulum

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hmph..

Quote from: hugeblack on May 25, 2023, 05:11:20 AM

It's a SCAAMMMM. The first time I heard about this scam project was several years ago, and now there is no news about the project or development. It's all marketing gimmicks and promises that you'll get rich when you buy, which is a typical definition of a Ponzi project. I would advise anyone not to attempt to download or use any service related to that project or attempt to promote it, you are trying to promote fraud and your friend or community will hurt you when they lose their money.

also, when you try to download this application, they collect and sell your data in order to continue their promotional campaign for this scam.

That's right, I found PI-Network in 2018, I also tried to trace back whether I was wrong or not. And I found github explorer for PI Network, and the first commit existed since 6 years ago. I hear form several group member in Indonesia that i joined, Here Pi-Network doing seminar few times, unfortunately I did not save the documentation from group member, one think made me don't believe about this project is, most of those who participated ini seminar look like is not understand crypto. For example, this one:

Source: https://www.beritabulukumba.com/nasional/3877843048/begini-keseruan-kopdar-pi-network-di-indonesia-siap-siap-cairkan-pi-coin

look at the people who attended the Pi-Network community meeting, it seems they are not people who understand crypto right, I'm pretty sure they are join this community because of tempted by the promise of profit and make them rich sooner. Indonesian old lady interested in crypto, lol, Cool

Doan9269

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Quote from: FiveG on May 23, 2023, 10:59:15 PM

Pi mining network is listed on different trading platforms that is trusted coins coming out soon, China are willing to buy it when is launches into the market but I had trust issues with most of airdrops and free mining networks, some after a while it will just vanished or remain irrelevant. Do you think is real or is going to be launched soon?

All project that has to do with cloud mining is not good enough to be trusted because they ar still on the developmental stage, I've also been hearing about pi network a while ago and nothing has come forth through them than just consistent awareness that people should continue the mine, who knows what may come out of it, but as of now there's nothing to show with those into it, it's hust an imaginary expectations they have been working on, it may turn real and may not, just know you're taking the risk of either means.

Apocollapse

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Pi network is just an another shitcoin where they claim you can mine your own Pi coin through your phone, it's pretty simple just download their apps and click to mine, that's it. Many people think it's real because the number is always increase when you leave it, but for people who're know how crypto work and how to mine it, they would stay against this shitcoin.

passwordnow

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Quote from: FiveG on May 23, 2023, 10:59:15 PM

Pi mining network is listed on different trading platforms that is trusted coins coming out soon

You sure that it's on different platforms? I doubt.

Quote from: FiveG on May 23, 2023, 10:59:15 PM

China are willing to buy it when is launches into the market but I had trust issues with most of airdrops and free mining networks, some after a while it will just vanished or remain irrelevant.

Don't generalize that it's China that's willing to buy it. Those Chinese people are just hyping you to think that there's really some value on this coin but in reality, there's none.

Quote from: FiveG on May 23, 2023, 10:59:15 PM

Do you think is real or is going to be launched soon?

Never, check this out below;

Quote from: https://coinmarketcap.com/currencies/pinetwork/

Please note that mainnet has not launched yet and the price displayed below for certain exchanges reflect the value of the IOUs and it may not be transferable across exchanges.

Minhxx

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If PI is sold, then we have to look at them differently =))

o48o

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Quote from: FiveG on May 23, 2023, 10:59:15 PM

Pi mining network is listed on different trading platforms that is trusted coins coming out soon, China are willing to buy it when is launches into the market but I had trust issues with most of airdrops and free mining networks, some after a while it will just vanished or remain irrelevant. Do you think is real or is going to be launched soon?

You are right to be suspicious ror anything "free" especially when it's announced in advance. That's a guarantee of it getting botted and worthless to individuals.

But the whole concept was pointless to begin with. Only gimmick with it was that it's going to be mineable by phone, and even if that would work, who cares. That wasn't a problem anyone needed solution for. Their token that's trading in some of the most shadiest places seem to have paid volume only. Which i thought would be thing of the past, but i guess this is coin design from the past too.

Say far away. Even with airdrops and mining you are losing time and most likely compromising your phone as well.

Topic: Is Pi mining networks real? - page 4. (Read 656 times)