PI Network! A huge trap[Warning!]

[Mr__ZACK]

I'm a bit surprised that pi has existed since 2 years ago, now in my country it's still booming, and many pi collectors are valued at $0.5 even though they haven't been listed on any exchange, for those who want to sell pi mainet can contact me via dm to get a candidate buyer.

I saw some people are buying at 0.6$ to 0.8$ in my country. I am not sure why some people buy it at this high price. Most of the PI coins has already been mined and its total supply is massive. According to its supply 0.5$ is an unrealistic value but if you want to really buy at that price then I have some PI coins for you which I mined early. How do you want to make the deal?

In Telegram you can find several groups where PI is exchanged.
You can simply search for "pi network sell"

This week it has been above $0.50

Although I don't know how they risk buying, when it seems that they are already freezing accounts for buying PI with fiat.

https://twitter.com/PiNewsMedia/status/1558415969566937088

Today the price has dropped to $0.40, probably affected by the news of frozen accounts.

Hello , a long time ago i also install Pi mobile application and start mining Pi  but then i changed my phone and unfortunately i forgott my PI account password, Now i want to recover my password on new phone , so i tried, according to instructions, to recover your password you have to sent text to international given numbers but after sending text to that given numbers i got no response.
Can you please tell me how can i recover my PI account?

[epis11]

Merry Christmas to all of you Im free today so lets get some news
Still doubt about PI Network? Updates below 
1. Pi is up and running on enclosed mainnet right now link: https://minepi.com/blockexplorer
2. Pi nodes stats running almost 45k is up and running : https://dashboard.pi-blockchain.net/
3. Listing updates: Huobi listing announced - https://www.huobi.com/support/en-us/detail/64926349973990
                            https://xtsupport.zendesk.com/hc/en-us/articles/13899537395993-XT-COM-Announcement-on-the-Upcoming-Listing-of-PI-Pi-Network-
4. Some articles about PI here: https://twitter.com/BSCNews/status/1607572001740169216
                                              https://twitter.com/BSCNews/status/1607451448404475907
                                              https://twitter.com/BSCNews/status/1607441372524736512
                                              https://twitter.com/BSCNews/status/1606077228005072898



PS: I try to sell some 500 Pi on black market 2 months ago sold @ $0.27 per Pi, not bad. Looks like some whales are accumulating PI heavily.
      @OP: I think you need to change the title of this thread to: "Im wrong about Pi Network"   
      Pi open mainnet is just around the corner who knows this coin will list on Cex before the EOY.
      LUNA and FTT no one said scam before and today a very big disaster to crypto space Pi network tag as scam by many members here but still alive and kicking, see yah.

[josegines]

Merry Christmas to all of you Im free today so lets get some news
Still doubt about PI Network? Updates below 
1. Pi is up and running on enclosed mainnet right now link: https://minepi.com/blockexplorer
2. Pi nodes stats running almost 45k is up and running : https://dashboard.pi-blockchain.net/
3. Listing updates: Huobi listing announced - https://www.huobi.com/support/en-us/detail/64926349973990
                            https://xtsupport.zendesk.com/hc/en-us/articles/13899537395993-XT-COM-Announcement-on-the-Upcoming-Listing-of-PI-Pi-Network-
4. Some articles about PI here: https://twitter.com/BSCNews/status/1607572001740169216
                                              https://twitter.com/BSCNews/status/1607451448404475907
                                              https://twitter.com/BSCNews/status/1607441372524736512
                                              https://twitter.com/BSCNews/status/1606077228005072898



PS: I try to sell some 500 Pi on black market 2 months ago sold @ $0.27 per Pi, not bad. Looks like some whales are accumulating PI heavily.
      @OP: I think you need to change the title of this thread to: "Im wrong about Pi Network"   
      Pi open mainnet is just around the corner who knows this coin will list on Cex before the EOY.
      LUNA and FTT no one said scam before and today a very big disaster to crypto space Pi network tag as scam by many members here but still alive and kicking, see yah.

any bets on when Open mainnet will be released? I was told in another forum that it could coincide with the next Pi day, in March/23.

If it were in March, it seems that Huobi's announcement is too early.

[josegines]

Huobi will follow up closely with Pi Network's updates regarding the upcoming mainnet launch. Once the main network is upgraded successfully, Huobi will open Pi for deposit and withdrawals.

The ones at XT.COM have listed PI.

As everyone imagines, this list has no official endorsement.

https://www.xt.com/trade/pi_usdt

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


HUOBI has also listed it today.
https://www.huobi.com/support/en-us/detail/84926622541921

Dear Huobi Users,

Huobi will be opening Pi (Pi Network) spot trading (PI/USDT ) at 09:00 (UTC) on December 29.

https://www.huobi.com/en-us/exchange/pi_usdt/


At the moment, Core Team's response seems to boil down to saying that the IP being exchanged is not the official one. (Something that happens with all cryptos on a centralized exchange)

by Core Team ihatejam

With regards to the XT listing...

Pi is in the Enclosed Network stage and is not listed on any exchange. Any unauthorized listing may not operate on real Pi. Thus, refrain from participation to avoid being scammed.

JP-EX listing
https://blog.jp-ex.io/en/pi-token-listed/

https://jp-ex.io/en/transaction/crypto/PI_USDT

[epis11]

Amazing 12 CEX exchanges listed PI Network https://twitter.com/Gavinz212/status/1609691326572027904 and this is not yet approved by Pi Coreteam since its currently in enclosed network, Im very positive that once open mainnet goes live PI will be listed in more exchanges, but I dont know why this exchanges are too eager to list PI network? Some Chinese Top millionaires also interested on buying Pi coin owner of Bitbank wants to buy 10m Picoins https://twitter.com/ChandlerGuo   

[blockman]

^
I don't think that they really have plans of listing it on any exchange, they've stated that they're not going to list it somewhere else. And while they're parked and quiet, these opportunists took time to make a token that has the same name as PI so that it'll be hyped and those that have mined it will think that it's currently listed on any exchange but it's not. Whoever has become interested in buying it, be ready that your pockets will cry later on. Don't FOMO on this one.

[KupaCrypto]

This PI thing, I dont know how legit it is , but what I heard was that once they launch it a Pi will worth more than a hundred dollars, which is really huge , I have a friend that has gotten up to 15k pi and he is still mining,  but I don't see it happening in the nearest 4years
My opinion sha, and some people have problems of KYC , many have stopped mining while many are still mining,

[blockman]

This PI thing, I dont know how legit it is , but what I heard was that once they launch it a Pi will worth more than a hundred dollars, which is really huge , I have a friend that has gotten up to 15k pi and he is still mining,  but I don't see it happening in the nearest 4years
My opinion sha, and some people have problems of KYC , many have stopped mining while many are still mining,

It's been years since this project launched. It's not worth your time and just like your friend, it's a false hope that he's leaning on. Sorry to say but they should have proven themselves a long time ago but they didn't. Accept the fact that they have no actual plans of being in exchanges.
Don't be fooled by where the pi token is listed now because it is not even withdrawable and deposits are disabled and that's not the token that you think you can earn that much. Whoever that are involved with this are just playing the minds and emotion of everyone.

[Strongkored]

This PI thing, I dont know how legit it is , but what I heard was that once they launch it a Pi will worth more than a hundred dollars, which is really huge , I have a friend that has gotten up to 15k pi and he is still mining,  but I don't see it happening in the nearest 4years
My opinion sha, and some people have problems of KYC , many have stopped mining while many are still mining,

My friend has a 1k Pi Network and imagine if what has always been touted happened then he would be able to change his life very drastically from having difficulty making life necessities to being a person who could buy houses and cars if he could sell them at the highest price in December last year, but it's an illusion and a dream that won't come true, you should check on CMC even when searching for Pi Network you will find a warning notification about this coin, because the current price is only the price of IOU's token.
Regarding KYC will be something that many people will fulfill because they are tempted by profits because they think when they are actually traded the price will be as high as it is today.

[TOXIC-ZY]

This PI thing, I dont know how legit it is , but what I heard was that once they launch it a Pi will worth more than a hundred dollars, which is really huge , I have a friend that has gotten up to 15k pi and he is still mining,  but I don't see it happening in the nearest 4years
My opinion sha, and some people have problems of KYC , many have stopped mining while many are still mining,

I have been mining Pi for over two years.  I haven't done KYC yet.  I have pi 1200+.  I hear from many people that its future is very good.  Many people say that it is a scam project.  If it is listed on an exchange sometime in the future and its price is 100$+.  Then the wheel of many people's lives will turn from here.

[josegines]

This PI thing, I dont know how legit it is , but what I heard was that once they launch it a Pi will worth more than a hundred dollars, which is really huge , I have a friend that has gotten up to 15k pi and he is still mining,  but I don't see it happening in the nearest 4years
My opinion sha, and some people have problems of KYC , many have stopped mining while many are still mining,

I have been mining Pi for over two years.  I haven't done KYC yet.  I have pi 1200+.  I hear from many people that its future is very good.  Many people say that it is a scam project.  If it is listed on an exchange sometime in the future and its price is 100$+.  Then the wheel of many people's lives will turn from here.

by the amount of PI there is,being optimistic, I bet for $10 maximum (when it officially goes to an exchange),
if it's worth more, better, but it will be very difficult.

Unless CT looks for another invention so that people don't sell at the beginning, as has been the issue of the blockade.
For example, there are people who have only been able to transfer to mainnet the PI generated by themselves, not a single PI from their referral team,
which, according to the app, are pending calculation.

Therefore, it is possible that when open mainnet is launched, these PIs are not yet calculated, and they may be a very high percentage of the total.

[josegines]

CT announces that it has nothing to do with the Huobi IOU listing, however, it is benefiting from the interest PI has aroused since Dec/29, with the PI IOU listing trading above $100:

• people who had abandoned, now hit the button again
  
• people who had doubts with KYC, will now do it blindfolded

[Tytanowy Janusz]

by the amount of PI there is,being optimistic, I bet for $10 maximum (when it officially goes to an exchange),
if it's worth more, better, but it will be very difficult.

trading above $100:

The price is that high only because PI is not yet unlocked. I advice against doing KYC. As soon as people will be able to sell price will dump below 1 cent. 10$ maximum? Its 100x too much.

0.25 PI per hour = 6 PI for day for 3 million nodes ... 18 million supply daily for how long? More than a year? We can estimate that it is about 18 * 10^6 * 365 / (lets say linear increment so 2) = 3 billion supply

3 billion supply per year gives us 9 billion per 3 years (thats how long this project exist?). At current 100$ per coin on huobi its 900 billion $ in marketcap - 3x more than bitcoin. if Pi is about to be in top 200 cmc (~100 mln $ marketcap) we can calculate price of 1.1 cent.

[blockman]

I have been mining Pi for over two years.  I haven't done KYC yet.  I have pi 1200+.  I hear from many people that its future is very good.  Many people say that it is a scam project.  If it is listed on an exchange sometime in the future and its price is 100$+.  Then the wheel of many people's lives will turn from here.

I've read the same thoughts years ago and until now PI is still not yet on any exchange. And looks like they really have no plans at all to list it based on their website. But if your words become reality then that's good for you and everyone who holds it.

Pi is in Enclosed Mainnet. Pi Network isn’t affiliated with and hasn’t authorized any exchange listing.

I've already said those that are hopeful with it, much better to decrease that expectation.

[Tytanowy Janusz]

I've read the same thoughts years ago and until now PI is still not yet on any exchange. And looks like they really have no plans at all to list it based on their website. But if your words become reality then that's good for you and everyone who holds it.

thats because real listing of PI coins means fair evaluation close to 1 cent or lower and the end of KYC and sensitive smartphone data farming for PI network team because 12$ per 2 years is way not enough.

Pi is in Enclosed Mainnet. Pi Network isn’t affiliated with and hasn’t authorized any exchange listing.

I think they even paid for listing. 3 mln $ daily volume on huobi is not something exchange will fight for creating IOU on its own just to allow fake trading (trading without real liquidity). They paid for listing just to create fake price and make:

• people who had abandoned, now hit the button again
  
• people who had doubts with KYC, will now do it blindfolded

[blockman]

I've read the same thoughts years ago and until now PI is still not yet on any exchange. And looks like they really have no plans at all to list it based on their website. But if your words become reality then that's good for you and everyone who holds it.

thats because real listing of PI coins means fair evaluation close to 1 cent or lower and the end of KYC and sensitive smartphone data farming for PI network team because 12$ per 2 years is way not enough.

And I don't think that a "real" listing will even exist on their end because it's been years that have been there but nothing really happened.

Pi is in Enclosed Mainnet. Pi Network isn’t affiliated with and hasn’t authorized any exchange listing.

I think they even paid for listing. 3 mln $ daily volume on huobi is not something exchange will fight for creating IOU on its own just to allow fake trading (trading without real liquidity). They paid for listing just to create fake price and make:

They're claiming that it's not them that has listed it but yeah, more also like a hype and marketing on their end so the possibility is there that they've made this gimmick.

[epis11]

Pi Hakathon is now live from Jan. 09 - Feb 28, if your a developer and want to create amazing apps in PiNetwork ecosystem its time to show your creativity Join now and win amazing prizes worth $30k https://pinetwork.hackerearth.com/#overview  user team registered count 1847 looks like a lot of developers are willing to contribute in Pinetwork I will give a good laugh at OP if this coin went live on top 10 exchanges very soon stay tuned. 

[carlfebz2]

So this Pi network ends up on having a value.?

I do tend to check on CMC and found this

There have been reports questioning the legitimacy of Pi Network. 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. Read more here and DYOR.
Source: https://coinmarketcap.com/currencies/pinetwork/

So this value reflect because of that IOUs? So it do smells some fishy on this one.

[epis11]

So this Pi network ends up on having a value.?

I do tend to check on CMC and found this

There have been reports questioning the legitimacy of Pi Network. 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. Read more here and DYOR.
Source: https://coinmarketcap.com/currencies/pinetwork/

So this value reflect because of that IOUs? So it do smells some fishy on this one.

Pi network is denying this listings as Pi coin  is currently in closed network its on exchanges decision to list this token btw who on earth can call Pinetwork is scam where its current hackathon joined 4,325 developers around the world https://pinetwork.hackerearth.com/

[cafter]

please anyone can give a summary that i start using their app or this is a scam.

why i use pi or why i don't use pi?