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Author Topic: Pi Network?  (Read 856 times)
tnyldzerdm60 (OP)
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August 15, 2021, 02:42:33 PM
 #1

Anyone know anything about Pi Network?
Will it really hit the market?
What do you think of Pi Network?
frank07a
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August 15, 2021, 03:03:03 PM
 #2

About two years ago, I heard that this cryptocurrency can be mined using a smartphone. I have not heard any more news about this coin.
https://cryptogeek.info/en/coins/pi-network-pi on this Pi network review page, one person writes about a pyramid scheme. I don't understand how this coin can be associated with a financial pyramid, some kind of nonsense...
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August 15, 2021, 03:16:15 PM
 #3

Yes, I heard of this Pi network and I also have the app on my phone and I try as much as possible to mine every day. For now, it does not have a price but I think they said when it reached a certain million mined a value will be attached to it. I do the mining because it doesn't cost me much than the internet.

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August 15, 2021, 03:21:05 PM
 #4

Pi is coin I also participated in the mining of the Pi via Pi app in smart phone. Pi is launched in 2019  Now there is Pi browser and Pi wallet is introduced. We can't say what it will do and which impact will come to the market. It has 10Million plus downloads on google play store.

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August 15, 2021, 03:21:34 PM
 #5

Anyone know anything about Pi Network?
Will it really hit the market?
What do you think of Pi Network?

Check this:
https://bitcointalk.org/index.php?topic=5237735

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August 17, 2021, 12:19:14 PM
 #6

About two years ago, I heard that this cryptocurrency can be mined using a smartphone. I have not heard any more news about this coin.
https://cryptogeek.info/en/coins/pi-network-pi on this Pi network review page, one person writes about a pyramid scheme. I don't understand how this coin can be associated with a financial pyramid, some kind of nonsense...
I think that the person didn't understand this topic and decided to speak out or he was deceived by any ICO. In fact, it is interesting when you can mine coins using your smartphone.
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August 17, 2021, 12:29:57 PM
 #7

About two years ago, I heard that this cryptocurrency can be mined using a smartphone. I have not heard any more news about this coin.
https://cryptogeek.info/en/coins/pi-network-pi on this Pi network review page, one person writes about a pyramid scheme. I don't understand how this coin can be associated with a financial pyramid, some kind of nonsense...
It's not really the scheme of this project because what involves the user isn't any amount of money but their data which is more valuable. Can you accept that when you use this app, the developers are gathering your data and selling it to the advertisers? I don't know the rest of the details but that's what I've read in some articles and that's the probable practice of this project. Their users are promised to have a good value at the end of this year but they've been doing that for the past years too.

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August 17, 2021, 12:34:33 PM
 #8

Anyone know anything about Pi Network?
Will it really hit the market?
What do you think of Pi Network?
I only know about it at a glance, that is, I've only heard of it, while as for its development I don't know because I rarely search for it at this time, so why are you asking that? are others not good enough for you at this point?

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August 17, 2021, 01:00:59 PM
 #9

Anyone know anything about Pi Network?
Will it really hit the market?
What do you think of Pi Network?
The project is existing for around 1-2 years already.
The project has no product at all.
It is also full of hype right now and people are falling into it.
There is no investment though but putting your personal information on their platform and giving it to the "strangers" is a bad thing.
People are saying that it will reach 100$ which is total bullshit.

Even one of the team members of the project is afraid because once it will be listed on an exchange, many miners will immediately sell it into the market causing its price to plunge very hard. Of course that is inevitable knowing that you can get the coin simply just by mining. Few clicks and you will mine but that isn't mining at all. Overall, shady project will not invest into it and will not touch it at all.

 
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August 17, 2021, 02:11:08 PM
 #10

Anyone know anything about Pi Network?
Will it really hit the market?
What do you think of Pi Network?

Check this:
https://bitcointalk.org/index.php?topic=5237735
Thank you for sharing this link in your thread, I have zero ideas on how this project going on maybe because I don't have interest from the start.

They're very trending now on social media and also they're everywhere on my Facebook page, I read in the content that mining on your mobile phone to earn cryptocurrency (which they claim it's crypto) but I don't believe that the smartphone has a capability to mine more cryptocurrency that's blockchain-based crypto, but the thread that linked above showed, there's no trace about them which means they don't have a real product.

IDK the real agenda with this project, but isn't worth trying to risk your personal information as to their KYC before you can mine.  The referral affiliate program makes them become hype and they're now on social media.

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August 17, 2021, 03:06:45 PM
 #11

Anyone know anything about Pi Network?
Will it really hit the market?
What do you think of Pi Network?
The Pi network is a crypto project that allows you to mine its currency on your smartphone, but its mining is simulated until the Mainnet is complete and the coins will be transferred to this Mainnet.
It allows mining on the phone without any resources being used, except draining the battery like many other apps you use.
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August 19, 2021, 04:11:35 PM
 #12

The Pi Network is a cryptocurrency project that attempts to make Crypto mining more accessible. The idea, which was created by a group of Stanford grads, seeks to redress the balance by allowing consumers to mine coins via a smartphone app. Mining Crypto-coins from your phone can earn you money. Simply download the program, use it once a day, and it will mine Bitcoins for you. A members' section of the PI Network is also available.

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August 19, 2021, 04:18:16 PM
 #13

The Pi network is a crypto project that allows you to mine its currency on your smartphone, but its mining is simulated until the Mainnet is complete and the coins will be transferred to this Mainnet.
It allows mining on the phone without any resources being used, except draining the battery like many other apps you use.
It's been 1 or maybe 2 years and the mainnet still didn't released even the testnet too from what i know so far, They didn't have any explorer and suspiciously asking the user to do some KYC which is really fishy, Beside that it can steal your data since you are installing their apps, The last one that make it really fishy was integrating ads on their apps which is making more likely to become exit scam or just another honeypot. I'm also joining their  mining program on the first phase but after lookig some stuff above it just better to stay off from Pi Network, Careful!
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August 19, 2021, 06:03:19 PM
 #14

Anyone know anything about Pi Network?
Will it really hit the market?
What do you think of Pi Network?

Yes PI coin is very potential, I am also participated in mining last 2 years in smart phone, Pi app have 10 Million plus users and Pi app launched in 2019 Now there is Pi browser and Pi wallet in two years but Pi coin still not listed can't trade able. I think may be next few years it will trade able because the team behind is very efficient and moving slowly slowly 
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August 19, 2021, 06:05:13 PM
Last edit: August 23, 2021, 10:48:13 PM by seleme
 #15

Imo, it is another Hype coin developed by smart guys. I have used their Android applications for mining Pi coin and it has great referral system. The time will show it worth to investing or not.  This projects have been around for years and the successful projects usually prove their ideas on whitepaper before selling HYPE. Let's hope Pi will not be a next exit scam project in case of they go for crowdsale sooner or later.

Anyone know anything about Pi Network?
Will it really hit the market?
What do you think of Pi Network?

Yes PI coin is very potential, I am also participated in mining last 2 years in smart phone, Pi app have 10 Million plus users and Pi app launched in 2019 Now there is Pi browser and Pi wallet in two years but Pi coin still not listed can't trade able. I think may be next few years it will trade able because the team behind is very efficient and moving slowly slowly 
I also mine this coin but I am not satisfied with the development tbh. The team keep giving false promises for years and there is no good result to prove the words by team. PI browser and wallet can be better if they can make a partnership with PIllar project, I doubt they will but it is a suggestion at least.

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rhomelmabini
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August 19, 2021, 06:31:03 PM
 #16

People are still hook with this? They clearly just want to exploit some personal information here. You want to mine but if you don't give a KYC to them they'll not giving you the coins you supposedly worked for. This is where most have trust issues, I wonder why people are risking their information for promises that they'll gonna be huge this upcoming EOY. Good luck but you've been warned.

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August 19, 2021, 06:53:23 PM
 #17

Anyone know anything about Pi Network?
Will it really hit the market?
What do you think of Pi Network?
I don't know what happened to that project but past years ago it was considered as shit, but several weeks ago I find that being advertised on Facebook and people giving false information about its value being 1pi = $100, you know what kind of shit is that, especially when you know the supply is extremely large in number.
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August 19, 2021, 07:10:08 PM
 #18

What is Pi Network? Pi Network is a digital currency project that aims to keep crypto mining accessible. It is based on the view that the centralisation of the first generation of cryptocurrencies like bitcoin has put them out of reach of everyday users.
What i  really think about Pi Network is that The app does not provide any utility to its users beyond functionality like in-app messaging. There are hundreds of posts online saying PI Network can not be a scam because users do not put any money it. Users' time and data are valuable to those users and they are spending these on the app.
And moreover instead Instead of burning energy as proof of work cryptocurrencies like Bitcoin do, Pi secures its ledger when members vouch for each other as trustworthy. This forms a network of interlocking “security circles” that determines who can execute transactions.
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August 19, 2021, 07:23:48 PM
 #19

the pi network application has been installed for a long time, coins are mined very simply, by one click on the button, so the value of the coin will be appropriate.Most of all, I don't like advertising in the application, there is a lot of this there.
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August 19, 2021, 07:30:42 PM
 #20

the pi network application has been installed for a long time, coins are mined very simply, by one click on the button, so the value of the coin will be appropriate.Most of all, I don't like advertising in the application, there is a lot of this there.
I now find this App untrustworthy as they had KYC now. Unlike from before where you first installed it, you just have to invite and turn it on and damn so easy, but now people should do KYC, I mean hoe about the people that just want their privacies and had minted the token for a long time? Unfair...
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