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Topic: Pi network mining - page 6. (Read 2119 times)

legendary
Activity: 2338
Merit: 1084
zknodes.org
January 01, 2023, 02:53:47 PM
Do you remember bitcoin faucet? You can claim 5btc ($335k last ATH rate) for just solving captcha thats how easy to earn bitcoin before if you are earlybird, who knows it will also happen in Pi holders not impossible lets see, but some Pioneers who do not understand how crypto works initiated a fake consensus value which is totally nonsense the so called CV, the tokens being traded in most CEX are IOU tokens if you dont understand how IOU tokens work then google is the key.
i know about it. Bitcoin alone top class coin still gave 5btc and is currently worth $335k at last ATH, but look at Pi Network, the unreasonable consensus price target for 1 Pi will ever be met. $314k for 1 Pi, only a fool would believe that. Currently what is being traded on CEX is indeed the Pi IOU token and it is not from the Pi Network, so there is no progress in the price of Pi. Everyone is too fancied to want to get rich instantly
sr. member
Activity: 2226
Merit: 259
DGbet.fun - Crypto Sportsbook
January 01, 2023, 09:30:21 AM
Bro, it's not real PI token, it is Pi IOU token these tokens usually have a very low supply which makes it easy for exchanges to manipulate the price. And that's what Huobi and Xt did exchange. A few hours ago it was at $319 and now it is $27 don't you see the pump/dump?

Check the chart here: https://coinmarketcap.com/currencies/pinetwork/
I think Coinmarketcap is showing wrong price, because i saw still pi is trading over 200$ in huobi exchange it’s current price, but in CMC it’s price 15$, let's check out here: https://www.coingecko.com/en/coins/pi-network
Yeah, that's already proved it’s not a real pi network token, also it’s manipulated price, within few hours it’s hit over 300$ and now around 200$.
What was released on coinmarketcap is a PI coin, but these coins cannot be traded in general, or they still have risks in making transactions. To prove right or wrong the coins listed on coinmarketcap are not on price value, but on blockchain. If the PI mining blockchain with the one listed on coinmarketcap is the same, then it is official from the PI project.
You may not understand what i mean, i just comparing Coingecko and Coinmarketcap price chart, where CMC was wrong, now you let's check out cmc updated in data. Yeahx it’s risk to trade also cmc warned everyone because Pi still not launched their main net but it’s listed on the exchanges.
sr. member
Activity: 2324
Merit: 263
December 31, 2022, 03:37:16 PM
Bro, it's not real PI token, it is Pi IOU token these tokens usually have a very low supply which makes it easy for exchanges to manipulate the price. And that's what Huobi and Xt did exchange. A few hours ago it was at $319 and now it is $27 don't you see the pump/dump?

Check the chart here: https://coinmarketcap.com/currencies/pinetwork/
I think Coinmarketcap is showing wrong price, because i saw still pi is trading over 200$ in huobi exchange it’s current price, but in CMC it’s price 15$, let's check out here: https://www.coingecko.com/en/coins/pi-network
Yeah, that's already proved it’s not a real pi network token, also it’s manipulated price, within few hours it’s hit over 300$ and now around 200$.
What was released on coinmarketcap is a PI coin, but these coins cannot be traded in general, or they still have risks in making transactions. To prove right or wrong the coins listed on coinmarketcap are not on price value, but on blockchain. If the PI mining blockchain with the one listed on coinmarketcap is the same, then it is official from the PI project.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
December 31, 2022, 08:36:29 AM
Many say that the Pi Network will overtake Bitcoin. 
Tell them to fill their bags before PI hits $100k  Grin

They deserve to be scammed.

But what is your opinion?  If anyone has an idea about pi network, please let me know.
Bro, it's not real PI token, it is Pi IOU token these tokens usually have a very low supply which makes it easy for exchanges to manipulate the price. And that's what Huobi and Xt did exchange. A few hours ago it was at $319 and now it is $27 don't you see the pump/dump?

Check the chart here: https://coinmarketcap.com/currencies/pinetwork/
I thought it's the original Pi Token that people can earn from mining on smartphones and depositing it on exchanges.
Exchanges use old methods to trap their users, IOUs have been used when ICO was booming but the problem is whether on the Pi Network this can really be traded on exchanges and I'm sure if possible the price will be very low from now maybe under $1 or there is not a buy order because all queued in sell orders. These exchanges give false hope.
Simply supports the idea that there's no such thing as an easy way to earn profit. Many people were fooled by the aforementioned network which was told to give tokens. If incase the projects was released in the market, I doubt that it will have a huge value simply because of its utility and also, the token supply. If something would be easily earned, how come would it have a high demand and high market value? Much better if those people who worked hard for this "faucet", engaged to airdrops and other paying contests in this industry because that would be more worthy of their time.

Again, people, mining is not that easy. You'll need to invest time, money, and effort to make it profitable and not by means of one alone.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
December 31, 2022, 02:30:21 AM
Many say that the Pi Network will overtake Bitcoin. 
Tell them to fill their bags before PI hits $100k  Grin

They deserve to be scammed.

But what is your opinion?  If anyone has an idea about pi network, please let me know.
Bro, it's not real PI token, it is Pi IOU token these tokens usually have a very low supply which makes it easy for exchanges to manipulate the price. And that's what Huobi and Xt did exchange. A few hours ago it was at $319 and now it is $27 don't you see the pump/dump?

Check the chart here: https://coinmarketcap.com/currencies/pinetwork/
I thought it's the original Pi Token that people can earn from mining on smartphones and depositing it on exchanges.
Exchanges use old methods to trap their users, IOUs have been used when ICO was booming but the problem is whether on the Pi Network this can really be traded on exchanges and I'm sure if possible the price will be very low from now maybe under $1 or there is not a buy order because all queued in sell orders. These exchanges give false hope.
hero member
Activity: 2492
Merit: 542
December 31, 2022, 12:49:39 AM
mining for years just by doing a "lightning click". it was very easy to get the coin and expected a consensus price of $314,000, so when the mainnet happened everyone became billionaires, which was amazing. I don't know what they believe until FOMO is too big. The tokens that are currently listed on the Huobi and XT markets are not PI Network Official tokens.
Feel sorry for the people who are willing to sell their cars, motorcycles and other valuables for the payment of Pi coins. I can only laugh and sad to see it.
Do you remember bitcoin faucet? You can claim 5btc ($335k last ATH rate) for just solving captcha thats how easy to earn bitcoin before if you are earlybird, who knows it will also happen in Pi holders not impossible lets see, but some Pioneers who do not understand how crypto works initiated a fake consensus value which is totally nonsense the so called CV, the tokens being traded in most CEX are IOU tokens if you dont understand how IOU tokens work then google is the key.
sr. member
Activity: 2226
Merit: 259
DGbet.fun - Crypto Sportsbook
December 30, 2022, 01:18:04 PM
Bro, it's not real PI token, it is Pi IOU token these tokens usually have a very low supply which makes it easy for exchanges to manipulate the price. And that's what Huobi and Xt did exchange. A few hours ago it was at $319 and now it is $27 don't you see the pump/dump?

Check the chart here: https://coinmarketcap.com/currencies/pinetwork/
I think Coinmarketcap is showing wrong price, because i saw still pi is trading over 200$ in huobi exchange it’s current price, but in CMC it’s price 15$, let's check out here: https://www.coingecko.com/en/coins/pi-network
Yeah, that's already proved it’s not a real pi network token, also it’s manipulated price, within few hours it’s hit over 300$ and now around 200$.
member
Activity: 412
Merit: 10
December 30, 2022, 11:54:22 AM
The Listing of fake Pi coins on different exchanges make it difficult for pi coin, otherwise Pi has a good system running but I can't compare Pi coin to Bitcoin, not even Pi but not a single coin I compare to bitcoin. And another thing the exchanges like houbi, xt, SuperEx etc. Why they are doing this to the Pi coin? Is it the team behind it?
legendary
Activity: 2338
Merit: 1084
zknodes.org
December 30, 2022, 11:42:21 AM
mining for years just by doing a "lightning click". it was very easy to get the coin and expected a consensus price of $314,000, so when the mainnet happened everyone became billionaires, which was amazing. I don't know what they believe until FOMO is too big. The tokens that are currently listed on the Huobi and XT markets are not PI Network Official tokens.
Feel sorry for the people who are willing to sell their cars, motorcycles and other valuables for the payment of Pi coins. I can only laugh and sad to see it.
legendary
Activity: 2268
Merit: 1655
To the Moon
December 30, 2022, 11:31:07 AM
Bro, it's not real PI token, it is Pi IOU token these tokens usually have a very low supply which makes it easy for exchanges to manipulate the price. And that's what Huobi and Xt did exchange. A few hours ago it was at $319 and now it is $27 don't you see the pump/dump?

Check the chart here: https://coinmarketcap.com/currencies/pinetwork/

Due to the fact that the deposit and withdrawal are closed, the price of the coin on different exchanges has a different price. And it is obvious that the main manipulators are the exchanges themselves, who use hype to redistribute these coins among gullible exchange participants. Subsequently, this will have negative consequences for the reputation of these exchanges.

hero member
Activity: 1064
Merit: 639
December 30, 2022, 11:02:30 AM
Many say that the Pi Network will overtake Bitcoin. 
Tell them to fill their bags before PI hits $100k  Grin

They deserve to be scammed.

But what is your opinion?  If anyone has an idea about pi network, please let me know.
Bro, it's not real PI token, it is Pi IOU token these tokens usually have a very low supply which makes it easy for exchanges to manipulate the price. And that's what Huobi and Xt did exchange. A few hours ago it was at $319 and now it is $27 don't you see the pump/dump?

Check the chart here: https://coinmarketcap.com/currencies/pinetwork/
sr. member
Activity: 2114
Merit: 309
December 30, 2022, 10:38:19 AM
Have official announcement about different kind between Pi mining trough mobile phone than Pi already listed on Huobi and Xt exchange market right now, although price drastically pump keep not worth for Pi mining hunter can't sell their coin to exchange market due deposit still close. I don't think have initiative from exchange market want opening deposit as soon possible and has the same network coins Pi earn trough mobile mining phone.

Still not close to earn profit for Pi received from mobile phone mining because they can sell it to dark market and have people want to buy it but have lower price and not the same with exchange market current price right now.
sr. member
Activity: 2156
Merit: 323
December 30, 2022, 09:48:09 AM
Not to make a FUD, but their shilling method is what makes me (personally) unsure about this project. FYI, they have online marketplace that operates in Indonesia, with the domain https://pimarket.id/, it is very clear this is an illegal operation, because they use PI as payment on their platform. As I mentioned, using other than Rupiah (IDR) for buying anything is illegal in Indonesia. so, at any time the market service is likely to be taken down in Indonesia and the real FUD may come for this project.
They already made a statement and clear that they are not the one who initiated the listing and its different on their own Pi network, so I don't think if this is just their shilling strategy to make another hype with the project or those exchanges really don't care about what is real or not and they just want to attract users on their platform because of this listing. I'm not familiar that much about Pi network, I just heard this before and got no interest about this, there's still a risk here so be careful.
my guess is, this is done by the team itself. however, their coin-holding community has grown large. but most of the coins are still locked. this is just an effort by the team to make the community have high expectations of what they have done.
after the news of PI being traded, now many people are looking on social media to buy PI. isn't that a successful strategy by project developers? but I'm not sure it will last long.

That's right! As soon as the real coin launches, it will crash hard. It is important not to get excited just because you have done the math and own a few thousand Pi. When it goes live, it has zero chance of being sold at a reasonable price. It will instantly drop to less than a cent due to the sell pressure.

A price is meaningless if you cannot trade, withdraw, or deposit.  DYOR.
member
Activity: 994
Merit: 14
December 30, 2022, 08:52:48 AM
#99
The hype around PI is just too much and it's making me become skeptical about them.
For what it's worth, I hope it doesn't end up becoming a scam because some persons have put in a lot of energy and work in mining those coin.
But I wonder what strategy the team is going to put in place to minimize the heavy dump that will follow once they list the coin, the dump is going to be massive because there is too much of the coin already in circulation.

If that is the Pi that people mine with mobile phones which I always thought to be a scam project to be at these levels then congratulations to all the users which I made fun of just one year ago they should be making fun of me now as they most probably have made a lot of money if they withdrew even at 3-4 dollars,these guys had a lot of coins.

If this is another project,then I am happy for the people who participated but I was and still am a bit skeptical about such projects.

Yeah, congratulations to them too coz I made fun of them too.
Despite that, I am not still sure that the coin will stand the test of time when it starts trading in exchanges, there are too much of the coin with holders who have been mining for a very long time.

Anyways, what do I know, I may be wrong again.
newbie
Activity: 1
Merit: 0
December 30, 2022, 08:41:27 AM
#98
Lately it seems that Pi network is growing day by day.  Who can touch Bitcoin on the Pi network?  Many say that the Pi Network will overtake Bitcoin.  I had a bit of a laugh when I heard about the Bitcoin leak.  Bitcoin is the number one coin in cryptocurrency.  I don't think comparing any coin to Bitcoin is anything but silly.  But what is your opinion?  If anyone has an idea about pi network, please let me know.
people dream too much, even during the day
PI network has never developed at all, maybe after I issue this statement people will chase me, PI network is nothing more than a scam scheme.
and that's only for people who don't have any sanity.
just imagine, their members say PI will exceed bitcoin, 314k$ that shit is a shit.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
December 30, 2022, 08:31:21 AM
#97
The hype around PI is just too much and it's making me become skeptical about them.
For what it's worth, I hope it doesn't end up becoming a scam because some persons have put in a lot of energy and work in mining those coin.
But I wonder what strategy the team is going to put in place to minimize the heavy dump that will follow once they list the coin, the dump is going to be massive because there is too much of the coin already in circulation.

If that is the Pi that people mine with mobile phones which I always thought to be a scam project to be at these levels then congratulations to all the users which I made fun of just one year ago they should be making fun of me now as they most probably have made a lot of money if they withdrew even at 3-4 dollars,these guys had a lot of coins.

If this is another project,then I am happy for the people who participated but I was and still am a bit skeptical about such projects.
member
Activity: 994
Merit: 14
December 30, 2022, 08:09:34 AM
#96
The hype around PI is just too much and it's making me become skeptical about them.
For what it's worth, I hope it doesn't end up becoming a scam because some persons have put in a lot of energy and work in mining those coin.
But I wonder what strategy the team is going to put in place to minimize the heavy dump that will follow once they list the coin, the dump is going to be massive because there is too much of the coin already in circulation.
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
December 30, 2022, 07:51:45 AM
#95
Not to make a FUD, but their shilling method is what makes me (personally) unsure about this project. FYI, they have online marketplace that operates in Indonesia, with the domain https://pimarket.id/, it is very clear this is an illegal operation, because they use PI as payment on their platform. As I mentioned, using other than Rupiah (IDR) for buying anything is illegal in Indonesia. so, at any time the market service is likely to be taken down in Indonesia and the real FUD may come for this project.
They already made a statement and clear that they are not the one who initiated the listing and its different on their own Pi network, so I don't think if this is just their shilling strategy to make another hype with the project or those exchanges really don't care about what is real or not and they just want to attract users on their platform because of this listing. I'm not familiar that much about Pi network, I just heard this before and got no interest about this, there's still a risk here so be careful.
my guess is, this is done by the team itself. however, their coin-holding community has grown large. but most of the coins are still locked. this is just an effort by the team to make the community have high expectations of what they have done.
after the news of PI being traded, now many people are looking on social media to buy PI. isn't that a successful strategy by project developers? but I'm not sure it will last long.

That's possible this is a dubious project, for five years they have been manipulating their members into believing that cloud mining through phones can be a long-term legit project and its safe to do KYC in a centralized platform, I left this project after they monetize their platform by showing ads imagine with millions of people using the platform that's huge money and now they are dumping their token to gullible people into thinking that their shit token will be listed after almost five years.
I feel sorry to these people who failed to see that this is a scam project.
hero member
Activity: 2492
Merit: 542
December 30, 2022, 12:59:49 AM
#94
I've seen the news that XT.com listed this token that has been there for a long time, so for the first time it's been listed by that exchange. I don't even use that exchange but I've seen I think advertisements everywhere.
Well, the bad news is that after being listed there, the deposits and withdrawals aren't working yet. Maybe it's just a yet and they'll fix it to prove those dislikers like me of this project that they are for real.
Pi Network is already listed on the two exchanges even it’s got listed on the major exchange Huobi, but i have seen there are no buy/sell in the big scale, however it’s exciting news for the holders but i think still this token is locked, so that's very clear this isn’t a real value of Pi Network.
Probably a hype to boost this project and for sure its value is not real, but at least they can prove it now that its not a scam and if ever, lucky to those who trusted this project since then even if many started to call this a scam. Let’s see its real value when those exchanges activate the buy and sell, probably a value lower than a $1, many are still mining this though, so the supply might affect its value.
the Pi being traded for now in 5 or 6 exchanges with a trading volume of $26m is a real value but its in IOU state for now since they cannot connect on PI network because its in enclosed mainnet at the moment but once open holders will be able to sell and buy anytime but for sure many will dump which is normal in every coin upon listing on exchanges, Pi network allocated 5B liquidity pool premine (https://minepi.com/blockexplorer/account/GB7HLN74IIY6PENSHHBBJJXWV6IZQDELTBZNXXORDGTL75O4KC5CUXEV#balances) so its not hard for this exchanges to contact Picoreteam and ask for lp pool for much lower value compare to current and allocate to iou coins that simple for them to manipulate coins like what they are doing in all cryptocurrency including bitcoin of course.
sr. member
Activity: 1960
Merit: 273
★Bitvest.io★ Play Plinko or Invest!
December 30, 2022, 12:05:27 AM
#93
Not to make a FUD, but their shilling method is what makes me (personally) unsure about this project. FYI, they have online marketplace that operates in Indonesia, with the domain https://pimarket.id/, it is very clear this is an illegal operation, because they use PI as payment on their platform. As I mentioned, using other than Rupiah (IDR) for buying anything is illegal in Indonesia. so, at any time the market service is likely to be taken down in Indonesia and the real FUD may come for this project.
They already made a statement and clear that they are not the one who initiated the listing and its different on their own Pi network, so I don't think if this is just their shilling strategy to make another hype with the project or those exchanges really don't care about what is real or not and they just want to attract users on their platform because of this listing. I'm not familiar that much about Pi network, I just heard this before and got no interest about this, there's still a risk here so be careful.
my guess is, this is done by the team itself. however, their coin-holding community has grown large. but most of the coins are still locked. this is just an effort by the team to make the community have high expectations of what they have done.
after the news of PI being traded, now many people are looking on social media to buy PI. isn't that a successful strategy by project developers? but I'm not sure it will last long.
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