Pi Network, Could it be a new coin?

[bluebit25]

What do you think about the PI network coin?

I think it has no future, but what you think is your business because we will not have the same thoughts.

I have been digging in PI network for about 8 months. I got 1200 Pi's. Do you think this coin can enter the market? Do you have any research on Pi coin? Is there an expectation and a predicted value for the Pi coin?

Honestly, I find you to be quite patient when it comes to spending a lot of time hoping all day long for what it promises. Trust me you guys are really wasting your time, I really can't believe this stage of technology and many people still have such a blind belief, actually google doesn't charge for answering the above questions. And if the owl continues to argue about something like this, it will not bring you value for knowledge or money.

[kotajikikox]

Don't be fooled by fake promises , this project is a liar since the beginning as they are claiming to be the First mineable cryptocurrency while there are already many coins who is mineable from the start but all end of dying project if not scamming.
so please be aware of this or else you will end up losing your time and effort for nothing.
stay away from this coin and instead use your time in other bounties that may generate you real income if not that consuming.
in our local section this has been advertised 2 years ago but gain nothing but attact from knowledgeable members who knows that this has no future at all.

[TimeTeller]

Don't be fooled by fake promises , this project is a liar since the beginning as they are claiming to be the First mineable cryptocurrency while there are already many coins who is mineable from the start but all end of dying project if not scamming.
so please be aware of this or else you will end up losing your time and effort for nothing.
stay away from this coin and instead use your time in other bounties that may generate you real income if not that consuming.
in our local section this has been advertised 2 years ago but gain nothing but attact from knowledgeable members who knows that this has no future at all.

And as far as I know, they are requiring you to complete the KYC for those who will use the app.
Curious what they are doing now with all those info that they gathered who willingly submitted their vital docs.
This article below provided the details on how KYC is done for this Pi network.

https://www.cozycrypto.com/pi-network-kyc-verification/

And with those million of users who downloaded the app and keep on mining, the big question is, will they ever hit the exchange?
Or this is just a lost cause for those who are diligently mining this coin and still hoping that one day, it will finally hit the market.

[bitterguy28]

This coin has been going for so long without any noticeable improvement both in price and user. They did get a lot of shills last year but slowly, that number simmer down since most just realize this coin is going to nowhere. The number of Pi coins circulate also a huge number so I don't think anyone wants to buy it.

But still there are many people who believes this will bring them fortune in the future that's why they are willing to download, mine and even providing KYC praying to earn Crypto and become a holder soon.
How many years this is existing yet none has earning any peanut?
sorry for those who had been involving in this project but surely you are expecting nothing from this.

there is no mistake in looking for chances but at least make sure that there are a true potential and not just a tricky project.

[freedomgo]

This coin has been going for so long without any noticeable improvement both in price and user. They did get a lot of shills last year but slowly, that number simmer down since most just realize this coin is going to nowhere. The number of Pi coins circulate also a huge number so I don't think anyone wants to buy it.

People who don't want to buy PI coins are not because of the large number of circulations, but because of the lack of good development and also the lack of renewal that is needed by everyone who wants to use it, so I think that reason is more concrete.

I wish we will know how many coins are in circulation already, it's no present in CMC but we can find in https://www.coingecko.com/en/coins/pi-network-iou but unfortunately, there are no enough details that we want to know.

According to https://www.quora.com/How-many-Pi-network-coins-are-there, there's an estimate of 30-50 billion Pi, huge supply but not that huge enough since we have some projects here like Cardano which has 32 billion circulating supply, and yet the price is still very bullish.

[AhmadM]

This coin has been going for so long without any noticeable improvement both in price and user. They did get a lot of shills last year but slowly, that number simmer down since most just realize this coin is going to nowhere. The number of Pi coins circulate also a huge number so I don't think anyone wants to buy it.

People who don't want to buy PI coins are not because of the large number of circulations, but because of the lack of good development and also the lack of renewal that is needed by everyone who wants to use it, so I think that reason is more concrete.

Whatever the reason, is it because of their huge supply or lacking development, etc. I personally didn't see any decent potential on this project, since a bunch of people already bad-mouthing and avoid this coin. I'm a bit wondering why people like OP still believe in them for so long, I didn't understand it at all. 

[Ziskinberg]

This coin has been going for so long without any noticeable improvement both in price and user. They did get a lot of shills last year but slowly, that number simmer down since most just realize this coin is going to nowhere. The number of Pi coins circulate also a huge number so I don't think anyone wants to buy it.

People who don't want to buy PI coins are not because of the large number of circulations, but because of the lack of good development and also the lack of renewal that is needed by everyone who wants to use it, so I think that reason is more concrete.

Whatever the reason, is it because of their huge supply or lacking development, etc. I personally didn't see any decent potential on this project, since a bunch of people already bad-mouthing and avoid this coin. I'm a bit wondering why people like OP still believe in them for so long, I didn't understand it at all. 

Maybe we will keep track of this coin until it hits the exchanges, a good thing OP has brought this discussion so everyone will be aware of how legitimate the coin is. I've only seen a lot of referrals of this project so far and I say it's not a great way to attract investors, they should be more transparent but educating people about the project and not enticing them about the reward, I bet those who forward the referral links or whatsoever has no clear idea what project they are promoting.

[Vaskiy]

Myself used it for some time period. The way it has been promoted around easily makes people believe and start producing it. Most of the users mentioned about the delay in getting into the market. This is too late to get into the market. For years the network is run and more people have got millions of token with them. The only thing happened to me is the battery drain. As the application runs on the background it kills the battery.

[adzino]

What do you think about the PI network coin?

I have been digging in PI network for about 8 months. I got 1200 Pi's. Do you think this coin can enter the market? Do you have any research on Pi coin? Is there an expectation and a predicted value for the Pi coin?
Here's how it actually works:
Almost all cryptocurrencies in the market today are scraped with graphics cards and a tremendous amount of electricity is spent. Pi, unlike these, allows you to dig without the need for internet and electricity after entering the Pi Network. Once you start this excavation process through mobile applications, even if you turn off your phone, Pi Network continues the excavation process.

Just google "Pi Network Scam" and you will see why people think it's a shitty scam coin. There is no actual work progress, nor is there any working chain. It's more like a Pyramid/MLM scheme. Who knows what they are "mining" (using your phones computational power) on your phone. Most of the people are saying that they are collecting user data and selling them. They are making all  the money, while you are getting nothing.