Topic: Pi Network? - page 4. (Read 875 times)
Dude sorry but I do not believe with this Pi Network. It is so impossible to mine crypto via mobile phone. Your phone must be high-end and capable of solving mechanisms just like high-end miners. May be you can simply buy this coin and let the users who believe on this thing use their actual app. Then once ATH, sell the coin, no need to install their app it might ruin your phone.
Everywhere this news Is more popular about pi network yes is this true this project is better but not saying anything yet if he launch or not but we mine this may b launch in future I hope we get a good news about pi in this year
it's your right, it's your hope. but not with me. I have absolutely no interest or even try to download the app and mine the Pi. lol this is one of the mining application or projects that has a negative image since it was launched 2 years ago.
Pi launch about before 2 year ago and this project build mine system so many user also use it and believe it but I don't believe this because we don't hear any news about launching and also 2 year going no news coming so let's see in future what's happened with pi
Everywhere this news Is more popular about pi network yes is this true this project is better but not saying anything yet if he launch or not but we mine this may b launch in future I hope we get a good news about pi in this year
Anyone know anything about Pi Network?
Will it really hit the market?
What do you think of Pi Network?
Will it really hit the market?
What do you think of Pi Network?
I tried PI network in my phone and its literally like mining. Its been overdue already since i believe it was first introduce like 2 or 3 yrs ago and promise to be listed on some exchange website but didnt happen. I didnt ignore the possibility that it will be listed but thats all i can do. Im not convince to invest on this one.
Anyone know anything about Pi Network?
Will it really hit the market?
What do you think of Pi Network?
Will it really hit the market?
What do you think of Pi Network?
Check this:
https://bitcointalksearch.org/topic/pi-network-a-huge-trapwarning-5237735
Thanks for sharing a more detailed thread about the project, I receive a lot of messages forwarded to my FB Messenger account from my friends, but honestly, I never take time to read because I believe any project that has uses a lot of referrals could be potentially a scam project.
With the many projects in the space, we can always choose the best and I would never invest in a project that looks like a Ponzi scheme.
If it's only listed in the exchanges, we will have an idea on how big the money are coming in.
Anyone know anything about Pi Network?
Will it really hit the market?
What do you think of Pi Network?
Will it really hit the market?
What do you think of Pi Network?
Do not know why I still have that app installed on my phone and I am still mining it. I have seen many miracles in crypto and hoping to be another one I think. PI has a big community but I am not so sure about their project update. It seems they are very slow and lack manpower.
First of all, as advertised, the mainnet will be launch in December. But what in the world the mining on a cellphone is for? Still its consensus algorithm is unknown and generally the mining procedure is unknown whether it possibly generates blocks for logging information just as a blockchain does. The scary thing is people are being conditioned that the cost of 1 pi will be $100 . That is self assessment not market driven. People should do their own research and never be thrown away to a too good to be true situation. Just observe.
That last statement is very dangerous as those new comers who don't have any idea about crypto will
think that by means of minding this coin they'll be able to earn a lot, most of the poeple who wanted to
convince other people use Bitcoin as example, they wanted to make a statement that what if this coin
will grow and be successful as Bitcoin, and that's remain "what if".
I am still mining this shit because the people who recommended it to me is very good at in this field. May be he saw something in it. I just wants to leave it as it is now.
First of all, as advertised, the mainnet will be launch in December. But what in the world the mining on a cellphone is for? Still its consensus algorithm is unknown and generally the mining procedure is unknown whether it possibly generates blocks for logging information just as a blockchain does. The scary thing is people are being conditioned that the cost of 1 pi will be $100 . That is self assessment not market driven. People should do their own research and never be thrown away to a too good to be true situation. Just observe.
That last statement is very dangerous as those new comers who don't have any idea about crypto will
think that by means of minding this coin they'll be able to earn a lot, most of the poeple who wanted to
convince other people use Bitcoin as example, they wanted to make a statement that what if this coin
will grow and be successful as Bitcoin, and that's remain "what if".
If I remember vividly, that project has been around for a very long time, where users can mine the token with their smartphones and till date nothing tangible has been heard other than users keeps mining with no clear direction of what is to come. The simple fact is, when a team lacks a roadmap, it doesn't help both them and their users, therefore having a roadmap is very important as it will help keep the team on the right track.
If the team are really ready to work something out, they would have at least keep their community informed, but gradually the community are lossing interests in the project. Moreover, many projects which launched a mining app and claimed mining is possible through the use of smartphones are still no where to be found today, they thought this one will be different but it seems it's not.
If the team are really ready to work something out, they would have at least keep their community informed, but gradually the community are lossing interests in the project. Moreover, many projects which launched a mining app and claimed mining is possible through the use of smartphones are still no where to be found today, they thought this one will be different but it seems it's not.
Pi network has come to the market in the form of new coin. Any project that does not have a goal is not likely to be successful in any way. Pi is the 3rd class and low collet project I have seen. Worse than Sob is the team management er performance of the project and its work plan.
Anyone know anything about Pi Network?
Will it really hit the market?
What do you think of Pi Network?
This whole Pi network thing is a huge scam. Just google "Pi coin scam" or search the forum. You will see why it's actually a scam. First of all, you don't mine anything (coins are all premined). There is no operational chain for this coin. So where are all those coins? Secondly, you get coins for referring people. Where does those coin come from? Doesn't it sound more like a pyramid scheme or MLM shit? And then, then I have heard people saying that there are advertisements on the app. So yeah, you are watching ads and generating a stead flow of money for them. They are very highly likely selling your data (they make you do "KYC"). You get nothing in return. So stop promoting that shit coin. Will it really hit the market?
What do you think of Pi Network?
Anyone know anything about Pi Network?
Will it really hit the market?
What do you think of Pi Network?
I only heard about how people can mine coins with their mobile phones, aside nothing else and according to what I read about it for over 2years of people mining the coin no listing has been done, from my end that doesn't seem right maybe the devs aren't serious with the project there's no point mining a coin that doesn't have value, those devs should probably be arrested for wasting people's time and data on shit coin. Will it really hit the market?
What do you think of Pi Network?
I had been mining this for 2 years now but it seems I will not be able to make it a real money in the end because of false hope I guess hence there were no solid development of their project. Couple of days it became on trend maybe the community hyping it up to regain popularity two years ago and with such too much hype of the price predictions this will turn ugly the soonest.
It has been a long time since this project started and we have not seen any product or anything that would guarantee us that this project would work. The KYC part of the app is also sketchy for me and there might be possibility that the data gathered will be sold to others. I have been accumulating Pi before a few years ago and I still have them but I have not done anything substantial to my coins after I have learned some of the fishy things that they might have been doing.
It got shill quite hard in my country and a lot of 'normie' hook up the app, verify KYC and giving away their info just for some worthless coin with no dex or cex for the basic buying or selling. Now, there is no hype around Pi Network anymore since there is a far more promising coin out there even with sketchy parts like KYC because at least, you got some value than the worthless Pi coin. 
I think what everyone should look out for with this project is to check the lawsuit against Nicolas Kokkalis.
Vincent McPhillip filed a case against Nicolas for wrongful termination and other issues relating to Chengdiao Fan and Kokkalis' marital problems. Another reason is an implicit threat of termination if McPhilip does not provide the branding materials, which might result in a loss of investors to their firm. The file also stated that their company is almost on the brink of collapse when the pandemic hits but I think that's normal though.
- https://pdfhost.io/v/YQIZZzB5N_complaintpdf.pdf (Full details of the lawsuit)
Moreover, facebook also filed a lawsuit against Kokkalis for buying a domain name called "facebookdeals.com" which is quite fishy.
- https://www.wipo.int/amc/en/domains/decisions/text/2020/d2020-1201.html
Vincent McPhillip filed a case against Nicolas for wrongful termination and other issues relating to Chengdiao Fan and Kokkalis' marital problems. Another reason is an implicit threat of termination if McPhilip does not provide the branding materials, which might result in a loss of investors to their firm. The file also stated that their company is almost on the brink of collapse when the pandemic hits but I think that's normal though.
- https://pdfhost.io/v/YQIZZzB5N_complaintpdf.pdf (Full details of the lawsuit)
Moreover, facebook also filed a lawsuit against Kokkalis for buying a domain name called "facebookdeals.com" which is quite fishy.
- https://www.wipo.int/amc/en/domains/decisions/text/2020/d2020-1201.html
It has been a long time since this project started and we have not seen any product or anything that would guarantee us that this project would work. The KYC part of the app is also sketchy for me and there might be possibility that the data gathered will be sold to others. I have been accumulating Pi before a few years ago and I still have them but I have not done anything substantial to my coins after I have learned some of the fishy things that they might have been doing.
First of all, as advertised, the mainnet will be launch in December. But what in the world the mining on a cellphone is for? Still its consensus algorithm is unknown and generally the mining procedure is unknown whether it possibly generates blocks for logging information just as a blockchain does. The scary thing is people are being conditioned that the cost of 1 pi will be $100 . That is self assessment not market driven. People should do their own research and never be thrown away to a too good to be true situation. Just observe.
There are a lot of things that point to it being an obvious scam and them 'mining' people's information instead of people mining actual Pi tokens that would be worth something in the future. I've seen a lot of people advertising the said project and being blind by the fact that the project existed for 3 years without an actual value and token to back it up save for the developers' and project managers' promises that it will be worth something in the future. 3 years, nothing of importance happened to the "network" and people are still into it, lol/.
the pi network application has been installed for a long time, coins are mined very simply, by one click on the button, so the value of the coin will be appropriate.Most of all, I don't like advertising in the application, there is a lot of this there.
I now find this App untrustworthy as they had KYC now. Unlike from before where you first installed it, you just have to invite and turn it on and damn so easy, but now people should do KYC, I mean hoe about the people that just want their privacies and had minted the token for a long time? Unfair...It's a matter of Being Fishy and Privacy.
There's seems to be a reason behind it. No one knows the real thing. As for me I just don't want any hassles that's all, Imagine you're still on bed and somethings gonna pop up on your screen that you had to make a selfie for a requirement? Geez wtf.
...when in fact their personal information are at risks here.
Yes. And even if we consider fake identites still majority will be real ones. 
You have probably read a lot of information and warnings from this project. Personally, I also follow it and have also warned people not to use it to mine Pi. Moreover, this is also a project with a lot of unknowns and that goes against my thinking about a decentralized field.
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