Topic: Pi Network is under investigation in Vietnam - page 2. (Read 308 times)
It's an obvious scam if you inspect their tokenomics. It's impossible in the first place to mone that easily on a phone. Newbies or clueless Pi users thinks that it has no harm in this project given that they didn't spend any money in it but the KYC they have done is what they paid for in "claiming" their tokens. It's good that there's a ongoing investigation now on Pi knowing that there are events that are created for this coins and merchants are the one who will be affected with this because they accept this token as a payment for their product and services
Pi Network is a huge scam beyond our imagination. It seems Vietnam has started an investigation against them,
https://technext24.com/2023/07/06/pi-network-investigated-fraud-vietnam/
If you are still mining this coin from your smartphone, probably it's the time to remove the app permanently.
https://technext24.com/2023/07/06/pi-network-investigated-fraud-vietnam/
If you are still mining this coin from your smartphone, probably it's the time to remove the app permanently.
But but but PI will be worth 1BTC someday said by die hard Pi Network farmer since 2018.
Pi network army is like cancer on social media that doesn't die even if they didn't get anything from destroying their mobile device by mining this useless token that is still doesn't have any mainnet. I'm not familiar with Pi Network structure but does the team of this project is from Vietnam that makes their government manage to investigate them? I really hope they will be busted and jailed since they are selling Pi tokens via P2P.
I find the pi coin to do quite well at one point, which is its marketability. There were a lot of ambiguities when it first launched, and along with them were a lot of ads when using the app to mine Pi. But the reality is that many people still mine them even though there are many reliable sources or organizations that say the coin is really a scam with signs of a ponzi scheme. Marketing so well makes many people's brains so foggy that it's just a penny of trash. And how pitiful that many people are still stuck in that dream of getting rich. So stop and delete it from your device.
We believed what our mind makes us believed, alot of controversies concerning this pi project. Some countries take it so serious specifically China while some countries see it as some kind of dump project that would not even yield profits. I was so serious with the project but as time goes on, constant minning with no results, rather Pi brought KYC which was one of the difficult task for some pioneers and also active miners, most dropped from the project, mining for months and years with no results, it's discouraging and frustrating. Although I've heard about the project recently, it's started selling and people with hugh pi mined will be rewarded when they sell their po, I guessed I would go sort out my logins information, I can't afford to miss out. 
I find the pi coin to do quite well at one point, which is its marketability. There were a lot of ambiguities when it first launched, and along with them were a lot of ads when using the app to mine Pi. But the reality is that many people still mine them even though there are many reliable sources or organizations that say the coin is really a scam with signs of a ponzi scheme. Marketing so well makes many people's brains so foggy that it's just a penny of trash. And how pitiful that many people are still stuck in that dream of getting rich. So stop and delete it from your device.
Pi Network is a huge scam beyond our imagination. It seems Vietnam has started an investigation against them,
https://technext24.com/2023/07/06/pi-network-investigated-fraud-vietnam/
If you are still mining this coin from your smartphone, probably it's the time to remove the app permanently.
https://technext24.com/2023/07/06/pi-network-investigated-fraud-vietnam/
If you are still mining this coin from your smartphone, probably it's the time to remove the app permanently.
Based on what? This article is worthless. nothing to lose
I pity people who are still wasting their precious time and efforts mining pi coin, I wonder what they are hoping to get.
I will always reiterate, pi is scam and people should stay far away from it.
I will always reiterate, pi is scam and people should stay far away from it.
stay away from it, why? It sounds like you are disappointed that you didnt get involved.
What is there to lose? its free to mine.
It has a massive user base -- one of the largest. Chances are that some large crypto company will buy them based on this fact alone. So even if they dont get their act together and launch -- they wont need to. This is the first project available to everyone with a level playing field. They have not launched and money grabbed. They are buliding community first.
what are the drawback to users? Your statement is blank and aimless. Pi has unlimited potential for many reasons. Howwever, even if they simply close down -- ppl have lost nothing. pyramid or ponzi schemes involve transfer of money.
One funny thing I am imagining about Pi, if this investigation is the downfall of the Pi network then what do you think about SEC investigations into all cryptocurrencies or ongoing investigations? out about tether hasn't done an audit since September 2022 and even then has very little US dollar backing? It's funny to see things like this existing and disguised as cryptocurrencies, views that are downright absurd when you consider events, blockchain technology is either future or not. I'm trying to see what's going on beyond the time it takes for the token to hit the market. Any proof other than the greed of the pioneers that someone can provide me? Real truth please. I am not a fan of any cryptocurrency. Just keep seeing the typical obnoxious stuff here. The only negative thing that can happen to Pi is that people lose faith in it, why are people holding pi this close to tear it down now?
Hopefully, since the Vietnam government already taking scrutiny of this coin, other governments would be encouraged to take a look at the issues, especially the ones that have a big userbase.
As obvious as it seems to be, their target market is surely not the educated one. You would never know how easily some digitally illiterate people get deceived by this kind of scam. They are not just greedy but simply did not comprehend the basic scam scheme, traditionally or even digitally, let alone what is cryptocurrency all about.
Surely the one who endorses and preaches this coin can just spout out some technical or financial jargon that makes the other person dazzled. Speaking from my experiences, most people who fall are the ones who mainly lack digital literacy.
Mining Pi Network on smartphone when you turn off your phone is still possible. I can not step in shoes of people who believe in that technology used for Pi Network. It is unrealistic if we are not greedy. Don't need to have deep knowledge too, just not being greedy.
Like you can earn money on your phone when you sleep and your phone is sleep (power is off) too. If I was those people who believed in Pi Network, when I was introduced about that coin like that, I will stop listening.
Like you can earn money on your phone when you sleep and your phone is sleep (power is off) too. If I was those people who believed in Pi Network, when I was introduced about that coin like that, I will stop listening.
As obvious as it seems to be, their target market is surely not the educated one. You would never know how easily some digitally illiterate people get deceived by this kind of scam. They are not just greedy but simply did not comprehend the basic scam scheme, traditionally or even digitally, let alone what is cryptocurrency all about.
Surely the one who endorses and preaches this coin can just spout out some technical or financial jargon that makes the other person dazzled. Speaking from my experiences, most people who fall are the ones who mainly lack digital literacy.
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This is what im waiting for. Seeing government is trying to investigate this shit scam coin. I hope that police gonna raided pi's office too. It will be so good to see those pi developers will be jailed. I just wanna tell my friend about this news since he is still mining this garbage coin.
I think if his response is still gonna defend his favorite coin (pi).
There are thousands of pi supporters in FB who keep being denial with this news.
I think if his response is still gonna defend his favorite coin (pi).
There are thousands of pi supporters in FB who keep being denial with this news.
A friend of mine once recommended Pi Network to me. But after seeing the business model they offered, I immediately thought that this project was a scam or a pozi scheme. You can see by how they talk about networking and recruiting people. This is exactly what Regalcoin has done in 2017.
Pi Network is a huge scam beyond our imagination. It seems Vietnam has started an investigation against them,
https://technext24.com/2023/07/06/pi-network-investigated-fraud-vietnam/
If you are still mining this coin from your smartphone, probably it's the time to remove the app permanently.
The news is very surprising, i have this coin on my smartphone i am still mining this today also some of my friends are still mining the pi coins,because they believe that this coin can make them rich in the future i also believe in it but because of this news maybe my friends and i will stop mining.https://technext24.com/2023/07/06/pi-network-investigated-fraud-vietnam/
If you are still mining this coin from your smartphone, probably it's the time to remove the app permanently.
I believe you have seen how easy it is to mine Pi coin! Now ask yourself a simple question -
Why on earth someone would buy a coin which can be easily mined using smartphone and without wasting any energy or hardware computation power?
Once you get the answer, you will uninstall Pi coin from your phone.
Pi Network is a huge scam beyond our imagination. It seems Vietnam has started an investigation against them,
https://technext24.com/2023/07/06/pi-network-investigated-fraud-vietnam/
If you are still mining this coin from your smartphone, probably it's the time to remove the app permanently.
Yes, it seems that the Vietnamese government sees Pi as a big threat, actually I have used their application and exploited Pi before, but I find it funny that it is just a place for people to interact Tell the story of the future will be rich. I also got somewhere around 1000Pi and also sold out to some fomo people before when it started listing on houbi for $1, although I see they have bigoted hype about multi-level forms and The target group of teams is actually they have little knowledge to be easily fooled. https://technext24.com/2023/07/06/pi-network-investigated-fraud-vietnam/
If you are still mining this coin from your smartphone, probably it's the time to remove the app permanently.
Pi Network is a huge scam beyond our imagination. It seems Vietnam has started an investigation against them,
https://technext24.com/2023/07/06/pi-network-investigated-fraud-vietnam/
If you are still mining this coin from your smartphone, probably it's the time to remove the app permanently.
Initially, when PI Network created a lot of hype, I was skeptical about it. Because where people are investing huge amount of money to build mining rig, how can it be so profitable for its miners only through mobile mining? However in the beginning I also mined with its hype but after a few days it didn't seem very safe to me and so its stay on my phone didn't last long. Anyway, I think it will eventually come out as a scam, so I will tell everyone not to invest in it, also don't let it place on your mobile.https://technext24.com/2023/07/06/pi-network-investigated-fraud-vietnam/
If you are still mining this coin from your smartphone, probably it's the time to remove the app permanently.
Good initiative by the Vietnam government. These authorities have for sure a lead on where they'll begin the investigation and who are the people that they'll search for. This mania will be stopped and alert the other pi members in different parts of the world.
They've got a lot of people that have been fooled and even sent their verification and identities on them. That's why many are hoping that this won't turn into a scam.
They've got a lot of people that have been fooled and even sent their verification and identities on them. That's why many are hoping that this won't turn into a scam.
Pi Network is a huge scam beyond our imagination. It seems Vietnam has started an investigation against them,
https://technext24.com/2023/07/06/pi-network-investigated-fraud-vietnam/
If you are still mining this coin from your smartphone, probably it's the time to remove the app permanently.
Im not really sure if they are doing blockchain via phone. Obviously a big scam for me since how does mining works without chain? From here, users who are knowledgeable on blockchain should stop considering or encouraging others cause they are earning thru p2p transactions cause those buyers would suffer when they pulled of a big rug. https://technext24.com/2023/07/06/pi-network-investigated-fraud-vietnam/
If you are still mining this coin from your smartphone, probably it's the time to remove the app permanently.
If you are still mining this coin from your smartphone, probably it's the time to remove the app permanently.
Mining Pi Network on smartphone when you turn off your phone is still possible. I can not step in shoes of people who believe in that technology used for Pi Network. It is unrealistic if we are not greedy. Don't need to have deep knowledge too, just not being greedy.Like you can earn money on your phone when you sleep and your phone is sleep (power is off) too. If I was those people who believed in Pi Network, when I was introduced about that coin like that, I will stop listening.
Pi Network does not have a blockchain too.
Hilarious that some exchanges tried to use the name Pi Network to scam their users by listing a scam token with a name Pi Network months ago.
The market has performed very poorly since Pi was first listed on the exchange (which is a sign the bubble has burst). (Random speculation) Maybe for that reason the team denied the listing was not through their approval and what they really wanted was to build a bigger community foundation in anticipation of a big price drop.
Whatever planning and development they have been doing for a long time, the actions of the Vietnamese authorities I think are beyond their expectations. And this is an early sign that Pi is likely to face more resistance in some other countries' regulations. I hope, their community is keeping an eye out for this to happen.
Whatever planning and development they have been doing for a long time, the actions of the Vietnamese authorities I think are beyond their expectations. And this is an early sign that Pi is likely to face more resistance in some other countries' regulations. I hope, their community is keeping an eye out for this to happen.
what I know is that large projects require quite a lot of equipment to mine, but PI only needs simple tools like a smartphone. I think this project is just an ordinary project but some people say that PI will beat BTC. any sane person would surely not believe that and I'm thankful I never mined PI.
Pi Network is a huge scam beyond our imagination. It seems Vietnam has started an investigation against them,
https://technext24.com/2023/07/06/pi-network-investigated-fraud-vietnam/
If you are still mining this coin from your smartphone, probably it's the time to remove the app permanently.
The news is very surprising, i have this coin on my smartphone i am still mining this today also some of my friends are still mining the pi coins,because they believe that this coin can make them rich in the future i also believe in it but because of this news maybe my friends and i will stop mining.https://technext24.com/2023/07/06/pi-network-investigated-fraud-vietnam/
If you are still mining this coin from your smartphone, probably it's the time to remove the app permanently.
-snip-
This is just one of the (MLM-Scheme) method.Most the time, they're gonna to do some event or gathering with a people who don't really understand about crypto. Then they're trying to sell the (Pi-Network) token peer-two-peer because they cannot withdraw it.
They try to sell personally to other people, for scam them. It's already being used multiple-time for these scheme, not only don't understand about crypto they also try to starting older people because easy to be manipulated.
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