Can we trust the fixed value ($314,159) of Pi Coin by looking at its code?

[raslimali]

There has been a worldwide movement to support the GCV (Global Consensus Value) for the Pi Network Coin (Pi) and people are exchanging goods and services at the rate of 1Pi= $314,159. The Pi code also shows that developers have put this value in the code to be a fixed value of Pi coin. Can we have trust that this will actually be the value of Pi Coin after the anticipated Open Mainnet event in Q1,2025?

[ultrloa]

There has been a worldwide movement to support the GCV (Global Consensus Value) for the Pi Network Coin (Pi) and people are exchanging goods and services at the rate of 1Pi= $314,159. The Pi code also shows that developers have put this value in the code to be a fixed value of Pi coin. Can we have trust that this will actually be the value of Pi Coin after the anticipated Open Mainnet event in Q1,2025?

Do you really still believe on Pi coin? Common guys its 2025 now, the devs or people around it just fooling you. Maybe best to abandon your hopes for that coin since for sure that you cannot get anything from that project.

There are several people just hype and manipulate peoples mind so that they can sell their Pi coin to those innocent people, so don't let your self get exploited by those scams.

Imagine Pi coin launched on year 2019 but up to no they still didn't have any good development yet that change the lives of its holders based on what has been spreading online? Better for people to focus on real coin and not these shitty ones which give people a false hope.

[aioc]

There has been a worldwide movement to support the GCV (Global Consensus Value) for the Pi Network Coin (Pi) and people are exchanging goods and services at the rate of 1Pi= $314,159. The Pi code also shows that developers have put this value in the code to be a fixed value of Pi coin. Can we have trust that this will actually be the value of Pi Coin after the anticipated Open Mainnet event in Q1,2025?

You forgot to post the link of article writeups about this worldwide movement, its been seven years so many things have happened but until now the developers of PI cannot even get the token in the market.
So money people mined this token and did KYC. I don't think investors are going to bite on that price; the market is driven by supply and demand. I don't think investors will be interested in this token. The landscape is very different now compared to when PI launched their mining.

[bettercrypto]

There has been a worldwide movement to support the GCV (Global Consensus Value) for the Pi Network Coin (Pi) and people are exchanging goods and services at the rate of 1Pi= $314,159. The Pi code also shows that developers have put this value in the code to be a fixed value of Pi coin. Can we have trust that this will actually be the value of Pi Coin after the anticipated Open Mainnet event in Q1,2025?

You forgot to post the link of article writeups about this worldwide movement, its been seven years so many things have happened but until now the developers of PI cannot even get the token in the market.
So money people mined this token and did KYC. I don't think investors are going to bite on that price; the market is driven by supply and demand. I don't think investors will be interested in this token. The landscape is very different now compared to when PI launched their mining.

I think of Pi as a cult because until now there are still many who are fooled by their deception of uninformed people and even crypto influencers who believe them because greed still exists among them.

And you're right, for several years now, they have been struggling to get Pi listed on the top exchanges, and even if it were listed on Binance at this time,
I still wouldn't buy it because I know they're just doing it for hype.`

[coin-investor]

I think of Pi as a cult because until now there are still many who are fooled by their deception of uninformed people and even crypto influencers who believe them because greed still exists among them.

These are blind followers who mined PI when the mining was first launched; this is their shot to become rich, so they continue to hype it, but we all know the truth about this PI, with so much bad feedback about this coin and the projected price of $314,159 and with 100 billion supply, who in the world will buy this coin?

And you're right, for several years now, they have been struggling to get Pi listed on the top exchanges, and even if it were listed on Binance at this time,
I still wouldn't buy it because I know they're just doing it for hype.

They will have to spend a lot of money to list this coin, and I doubt if a decent exchange will list this coin; everything in this coin is questionable. its so sad that many have done KYC here; I think the number goes to millions. This is a lesson learned for all of us: be sure to do your research before doing a KYC.

[hugeblack]

What stabilizes the price is the liquidity sufficient to stabilize supply and demand at a certain price, not the code, otherwise it would have been possible to program its currency at a price of one million dollars and sell it, congratulations, you have become rich. Also, the value of Pi is 3.141592653589793238462643383279502884197, so 3.14 is an approximate value, and stay away from the PI currency, it is a scam.

[avikz]

Please do not believe this trash coin. Pi has no value and no taker. Ask yourself a question - if a coin can be mined from your phone, why would you buy it from the market? Wouldn't you just use your mobile phone to mine some? What property of this coin will drive the value of it? Nothing!

So I am really not sure fro where this value is fixed for Pi? If there's no buyer, what's the use of such price fix?

[Mahanton]

There has been a worldwide movement to support the GCV (Global Consensus Value) for the Pi Network Coin (Pi) and people are exchanging goods and services at the rate of 1Pi= $314,159. The Pi code also shows that developers have put this value in the code to be a fixed value of Pi coin. Can we have trust that this will actually be the value of Pi Coin after the anticipated Open Mainnet event in Q1,2025?

Do you really still believe on Pi coin? Common guys its 2025 now, the devs or people around it just fooling you. Maybe best to abandon your hopes for that coin since for sure that you cannot get anything from that project.

There are several people just hype and manipulate peoples mind so that they can sell their Pi coin to those innocent people, so don't let your self get exploited by those scams.

Imagine Pi coin launched on year 2019 but up to no they still didn't have any good development yet that change the lives of its holders based on what has been spreading online? Better for people to focus on real coin and not these shitty ones which give people a false hope.

Was supposed to say the same thing too on which on how the hell people do still have that kind of high hopes for this coin? This isnt have its own blockchain and those trades been that happening are done on p2p. This had been long time known to be shady as hell but surprisingly there were still those people who are really that still mining up this coin and even trying out to comply with its KYC details. Fixed value my ass and there are still people who do believe with this BS. People never ever learnt not until thay they would be able to realize for themselves that they have been that scammed or simply they are dealing with some worthless shit.  I dont know on why there are some people cant really just that understand nor really that on their senses on why they are really that dealing into something on which it is really that obviously some shady things on on whats going on. Im really just that have pity into those people who are really that involving into something which i can consider out to be a scam. Why people cant just that realize this thing? How they do really make up some consideration on dealing up with something that the price is way too high? Arent just that too dumb or really that been blinded with their greed?

[Roseline492]

Please do not believe this trash coin. Pi has no value and no taker. Ask yourself a question - if a coin can be mined from your phone, why would you buy it from the market? Wouldn't you just use your mobile phone to mine some? What property of this coin will drive the value of it? Nothing! 

The value is a make up number by people to hype the token or coin  because if only Pi will worth $314k and more have they thought about Bitcoin, that means one Pi will be three times more than Bitcoin because btc is within $99k, actually with even simple analysis they will no that Pi is nothing in price because they have not imagine how many persons that participated on the mining plus the amount they were able to mind, so let's say the total number of Pi everybody has is 1 billion Pi multiply by the price OP has, the amount in dollar will be hard to pronounce, so how much does the project have to give out such amount to people, so you are right by calling it a trash coin.

[passwordnow]

I feel what these people feel when they're FOMOing about this Pi Coin that has been told since 2019 and until now, they're telling people that they're going mainnet.

Come on guys, it's already 2025 and if the devs of it are serious, they won't make each of you a fool.

[Josefjix]

The inexperienced crypto enthusiast are the ones suffering this, they don't even know and understand how crypto works so they keep on mining it on their mobile phone. Mind you, mining can't be done on a mobile phone because they don't contain the capacity to generate the power, what pi followers are doing is performing some tasks daily to be rewarded not mining.

There was a time PI claim to have been listed on huobi exchange, up till now the deposit address is not still enabled and the project team are stock on their development, no progress, no tangible announcement to the community, the team are just fooling the newbies to be logging on their site to generate them money.

[TastyChillySauce00]

to be honest this is the funniest thing I've ever read, just because the dev hard code the price whether in source code or in oracle, doesn't mean the price will magically stick to $314,159 or whatever it is, for it to retain that value there need to be asset pegged, crypto is supply and demand, price are dynamic, the only coin that got their price stable are stablecoin, even then with massive back up asset and pegget to 1:1, this hardcode price holds no value at all other than just some BS.

hoping people realize that this is marketing stunt and hold no substance at all toward the price, just stick with the real crypto which is bitcoin dude.

[ultrloa]

What stabilizes the price is the liquidity sufficient to stabilize supply and demand at a certain price, not the code, otherwise it would have been possible to program its currency at a price of one million dollars and sell it, congratulations, you have become rich. Also, the value of Pi is 3.141592653589793238462643383279502884197, so 3.14 is an approximate value, and stay away from the PI currency, it is a scam.

People never learn and keep hoping for something impossible to come. If they just research for how long they are been fooled by Pi coin devs for sure that these people will get disappointed on what they would learn.

Also they should not listen for those people claiming that the price of that coin rise up or it have Pi mall where they can use their coin to buy goods since this is just all bluff and what those deceiver want is those innocent people to buy their Pi coin stuck on their wallets. Hopefully these people would listen and stay away with Pi coin since this is just another scam in crypto scene. All of us really want to earn a lot of money but for sure they would never get this from Pi coin.