Future of Pi Coins

[chochi1621]

Hey guys! Does anyone here on the forum have an idea or knowledge about PI MiNING?

 -Is Pi Mining legit or is it a scam?

 -Will all the active miners of the Pi Network be worth the wait eventually?

 -Will all the mined Pi Coins have any value in the future?

 -Can it be exchanged like other listed tokens or coins in cryptocurrency?

People are divided when it comes to pi coins because of their upcoming launch, many believe that PI coins are real but others say they are scams or fake due to speculation on its value that the exchange rate is too high when it is formally released... What can you say about it?

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[SlimShadyMmp]

I see people taking snapshots of its mostly from their mobile phones So probably a coin with mobile wallet and node that can be operated there Still I think it will be better to check their website and maybe social channels so you can have basic info on it and for exchange I really doubt they have been listed anywhere yet.. Is a new concept of smart contract I think Just do dyor very well to be sure

[btcltcdigger]

TLDR it's a scam. And if not a scam, than a blatant mispresentation.
No one with half a brain believes it's going to amount to anything

[chochi1621]

I highly respect your opinion about this topic, even I have no idea if PI is true or not. But there is nothing wrong with that if we try.
Everyone who subscribes to the app also has no idea when Pi Coin will launch in the market. And when will it be included in the list of cryptocurrencies. But many still hope that Pi will have value in the future.

[cryptoaddictchie]

I'm not sure what kind of business does Pi Mining offer the rest of the users but they haven affiliated on any chain out there. A mining via mobile phone should at least have connected on any chain in order to be called a blockchain project. Also if ever they are actually doing mining what kind of tech is that? I'm not sure how people got deceived and believe that this is real potential project. Better stay away as soon as possible.

[TastyChillySauce00]

Nothing to say about this shit scam token. https://bitcointalk.org/index.php?topic=5237735.0

https://research.aimultiple.com/pi-network/

You can spend a few minutes in your life to open the link that i have provided above. Both were also discussing about the same topic and picoin was just another scam and you can read whole of explanation why it was a scam token. I hope that you will get a small insight and move on from this scam token. The article is fully explaining about why picoin was a scam token and that's worth for you to read whole of explanation.

It's just a garbage shit scam coin with non sense idea created by scammer

[Skinny48]

I mined some pi coin but I still have my doubts, months ago I got angry and uninstalled the app from my phone but they released news about mainnet so I opt back in, I also have a friend in China who confirmed that this project has a legit office in China which brings my hope up once again but I don't know what to believe anymore since the project isn't launched yet

[chochi1621]

You all have a point. Thank you so much for the warnings and information you all provided. I have been enlightened and I have learned a lot from your opinions.

[noorman0]

I saw a few days ago on tiktok that they have now made a bit of "progress". I don't know what verification method they use so that their twitter now has a badge. And one more thing that their community is proud of that this fake coin is also listed on CMC and ignores the risk warnings presented.

Pi Network has faced its fair share of controversy recently. Please do your own research before investing.

2 years of development and still testnet status. That means claims about mining on mobile are bullshit and all this time what their clients have been mining are blocks that don't contain actual transactions.

[vv181]

Nothing to say about this shit scam token. ~

Gosh, so that scam shitshows has been running for years? I just recently know about it from the last my family gathering and one of them ask me about specifically Pi Network. I just immediately say it's shady and told to stay away by only getting to know about how the coin was described to me. Turns out it is indeed an obvious scam.

I think it is devastating if others are able to get deceived by it, just imagining by how that scam application can do to the user smartphone is worrying. I guess by the time cryptocurrencies get more and more awareness to the mainstream, I believe another scam coins will keep going popped out, and it is essential to inform our closest one about how dangerous it is. Lucky us if we always many ways of scam on here, but others especially those who are non-tech-savvy users are easy to be deceived.

[Furious 7]

2 years of development and still testnet status. That means claims about mining on mobile are bullshit and all this time what their clients have been mining are blocks that don't contain actual transactions.

It means that there are still many who are fooled by this Pi Network project, even I also often see on Tiktok so many share that the Pi Network project is very clear, to be honest what they are doing I just want to laugh and make them aware, but the community has grown and expanded but their consciousness is not so recovered nor am I just looking at the risks that will be in the future.
And obviously this token cannot be traded at until whenever.

[crwth]

With all the things that have happened over the years. From hearing it from crypto groups long before it has become mainstream and up to now, there's no specific progress. There are just some more people who will input their information and get their information mined and probably sold to the highest bidder.

The developers are the ones who profited and benefitted from it. I know their application has ads in it, and of course, when there are ads, there's money involved, and they are probably raking a lot of it for having millions of users press "Mine" every day.

It could only have value if people were buying. It's the market that dictates the price.

[Maestro75]

Pi is eventually going to be marked as the deceit of 2021. Alot of people think that a shit token they are mining on an android phone will eventually amount to something and that is going to be the shock of their life after wasting time on it for several months. Do people mine genuine cryptocurrency on phones nowadays? I doubt it.

[livingfree]

There's no future on it.

It's a scam, they're stealing your data.

They've promised you that they'll be tradable but for a long time, nothing has happened. Please, guys, look at that picture that you're wasting your energies on it.

[tsaroz]

In the end it was an elaborated scam. They never had a real coin or blockchain, just virtual numbers in their app. They showed ad to earn from users and it was a certain scam for me when they started asking for KYC. Glad I wasn't involved in making referrals through social media. A lot of people heard about blockchain just because of this fake app. And with such scam, it would be a bad start for most.

[ubg]

I know lots of people who mine it. Never got into it because it seemed a stupid idea to me, however good luck to those people who are going to buy up the pi coins once they open trading, if they ever will. I bet it will keep dipping due to the mass of people wanting to sell.

[omone1]

Pi must be a scam. Everyone is mining it both crypto space guys and people who know nothing about crypto and the mining is going to last maybe for a lifetime and you can't help but watch adds to make them money. It's an hoax.

[Jaered]

That particular project has been on since three to four years, without making any significant progress apart from making investors and users know they have nothing to offer. Just so sad about their outcome and its not looking good

[Twinkledoe]

That particular project has been on since three to four years, without making any significant progress apart from making investors and users know they have nothing to offer. Just so sad about their outcome and its not looking good

With those long years of promise, and up until now they haven't listed in at least one decent exchange. It already says something to the project. So for me, don't waste your time or resources mining this coin. They may be only getting your valuable data for nothing. Just my opinion here.

[Teraboy]

Pi must be a scam. Everyone is mining it both crypto space guys and people who know nothing about crypto and the mining is going to last maybe for a lifetime and you can't help but watch adds to make them money. It's an hoax.

It's already confirmed as a scam token along with garbage token called ETN that promoted mobile mining in the past which was totally useless. They were thinking if this garbage token totally useful in the future but essentially mining in the phone was totally useless and that's different with mining using mining rig. So many times people called that mining in mobile will be totally useless.
It's sad that there are people who keep thinking those garbage mobile mining tokens were not scam. It seems like they lack of education about that. I do agree with you it's a fake token.
Those who believe with mining mobile must at least try to realize the fact.


The creator of this thread must also realize that anyone in here known if that was a scam token.