Pi Network value speculation

[In the silence]

I have been using this app for 6 months, the progress of the project is not that fast but i have faith that this one will be worth my time in the near future. I am wondering to buy some but there is no speculations on how much it worth even not yet on exchange.

Share your speculated value of Pi so i can have an estimation before buying my friends Pi.

[1713541309]

1713541309

[1713541309]

1713541309

[1713541309]

1713541309

[1713541309]

1713541309

[examplens]

I have been using this app for 6 months, the progress of the project is not that fast but i have faith that this one will be worth my time in the near future. I am wondering to buy some but there is no speculations on how much it worth even not yet on exchange.

Share your speculated value of Pi so i can have an estimation before buying my friends Pi.

the value of something is based on supply and demand. it is obvious that there is no demand here.
what is your opinion, how much can worth something that is given for free, for nothing? Yes, it's true, nothing. If a lot of people get something for free, it's obvious that is worthless.
The Pi story going more than slow, and originators been pulling miners^? nose for years, promising many things. in the end you have the app with some worthless tokens there, where they collected your personal data to share more precise advertisements.

[In the silence]

Compared to bitcoin they started the same with no supply and demands, they are against each other in terms of decentralization.

I get your point on collecting data information, but the only data ive seen they are keeping is my name.

Thank you for responding!

[NeuroticFish]

Is Pi listed anywhere? Afaik is not, please correct me if I'm wrong.
So for now people rely on promises and wishful thinking.

As soon as Pi will get listed the price will go down, because many have "mined" it and many still "mine" it because that doesn't take resources (so it's more like an airdrop than mining).
And why would anybody buy Pi if they can get that by installing an app onto the phone?

[btcltcdigger]

Is Pi listed anywhere? Afaik is not, please correct me if I'm wrong.
So for now people rely on promises and wishful thinking.

As soon as Pi will get listed the price will go down, because many have "mined" it and many still "mine" it because that doesn't take resources (so it's more like an airdrop than mining).
And why would anybody buy Pi if they can get that by installing an app onto the phone?

Not only that, it doesn't exist as a crypto.
Practcally it's shit. There are some Standord names thrown around, but that's about it.
My bet is, they're gonna say at some point "oh this was just a social experiment" and say thanks for the free user information and all the money you made us watching ads

[examplens]

I get your point on collecting data information, but the only data ive seen they are keeping is my name.

What about KYC? is it not mandatory or is it only recommending to pass?
you all use a mobile app to mine Pi (even if there nothing similar to mining). You give this app permission to have access to your mobile device, where it can very easily pick up much more data than your name. but I guess you already know that.

I am surprised that they did not take advantage of the DeFi moment.

[jerrison]

Beyond the benefit of referrals and all that goes with this project, can someone please give me an in depth insight of what this project is all about. I seem not to understand what exactly they are trying to solve in the real life.  The value of the token should be determined by the market and not by community.

[cryptovigi]

I have been using this app for 6 months, the progress of the project is not that fast but i have faith that this one will be worth my time in the near future. I am wondering to buy some but there is no speculations on how much it worth even not yet on exchange.

Share your speculated value of Pi so i can have an estimation before buying my friends Pi.

After 6 months you only accumulated 500 pi? I can see you didn't really care for "mining" ...
When it comes to predicting the price, it is extremely difficult ... I ignore the fact that in order for pi coin to have any value, the project must be developed and the promised platform that connects amazon, facebook, ebay and whatever must eventually come into living.

The difficulty stems from the fact that we don't know what the total supply is. Developers claim that there are already over 5 million users, so if you believe them, the daily supply can be even at the level of 100,000,000 coins, so the monthly supply is several billion...

[gazilla]

I have been introduced to PI by a youtube FOMOer that is worth a while. So yes I have been mining for more than a month, and I do not know whether it is worth anything, but I will keep mining.       

[Kupid002]

Compared to bitcoin they started the same with no supply and demands, they are against each other in terms of decentralization.

I get your point on collecting data information, but the only data ive seen they are keeping is my name.

Thank you for responding!

Then what is the KYC that we seen in your screenshot they are not requiring KYC?

Since this one for speculation for that token i suggest to move this thread to Altcoin (speculation) section that's the right section for this kind of thread.

I have been introduced to PI by a youtube FOMOer that is worth a while. So yes I have been mining for more than a month, and I do not know whether it is worth anything, but I will keep mining.      

I saw on social media that some store accepting this currency  as payment but I don't know if its real or they are just using this to make hype with this project. I remember some project that use the same strategy before but they are now scam.

[terciduk123]

I saw on social media that some store accepting this currency  as payment but I don't know if its real or they are just using this to make hype with this project. I remember some project that use the same strategy before but they are now scam.

How could it be? This PI token cannot be withdrawn from APP and cannot be traded yet, how can it be used as a means of payment, is it possible that it is another PI token?
Maybe you can share a link about the social media that you mean

[Kunnu]

I don't have any reason to say that Pi network is getting progress because it's been more than one year, if I am correct and their cryptocurrency is not listed on any exchange, I still don't understand what pi developers are trying to prove If they're really confident with their project then they must make further steps or they're happy with the ad earning of pi application.

[In the silence]

I don't have any reason to say that Pi network is getting progress because it's been more than one year, if I am correct and their cryptocurrency is not listed on any exchange, I still don't understand what pi developers are trying to prove If they're really confident with their project then they must make further steps or they're happy with the ad earning of pi application.

Thank you for responding, I think its one year or more, I do not know why the progress are slow,  Its okay for me to let it mine,  I am not assuming any value for now. Perhaps time will tell how its value may turn.

[kikiyo]

Seeing that the PI community is large enough, the PI should be able to rise and become big if the dev intends to make the project have value, we'll see how the developer works.now should be the right moment to launch PI to the market

[terciduk123]

I just realized that PI Network's Twitter account has been verified, this shows that this project is serious even though it looks slow in progress. if you haven't followed the PI Network social media account I suggest you to join immediately so you don't miss the news.
https://twitter.com/PiCoreTeam
https://www.facebook.com/PiCoreTeam/

[seven.71]

waw I was surprised that finally they did KYC and they started to enter the exchange, fortunately I have several Pi that before I thought this was a futile project

[leea-1334]

I got in a bit early so I managed to gain 800 Pi after a few weeks only but I gave up just doing stuff like that. Good luck to you and I hope it works out but I do not see any value in something nobody participates in. If it goes up I get my 800 Pi to trade so of course I hope it moons who knows like those silly Oyster tokens;)

[giammangiato]

I am also supporting this kind of mobile mining but I don't knwo when will be changed on exchanges. A token without exchange or application for me has no value, I hope that in the next months something change as with ETN

[Bezobraznike]

I am also supporting this kind of mobile mining but I don't knwo when will be changed on exchanges. A token without exchange or application for me has no value, I hope that in the next months something change as with ETN

 

    After ETN we have several other mobile mining projects, Pi and Phoneum are one on of them. I participated in all of them
and results are not good, maybe people with several mobile phones, with many referrals can make something here, but
doing it on your own like I did make pennies in months of using it.
   From ETN mining I have like +2000 ETN, maybe they will worth more one day, they are doing something and upgrading
their project, so who knows.

[pageraji]

I join this app last year and now get more than 900 pi, and yesterday this app have more than 8 million member, i think its good project but slowly with progress..