Is Pi mining networks real?

[AakZaki]

To many hype spreading about that and they believe to those people telling that the value of it will increase since those newbie think that those guys are professional.

Maybe if they just have critical thinking to know the real situation on that Pi mining maybe they can figure out that there efforts there is not worth it as they are just a tool for those scam devs to spread the word about their project so they can easily market it to those hopeful people that who want to get rich easily. Scams are always there so they should avoid this project and spend their time on other well known coins available on exchange.

They have absolutely no critical thinking about this trash project. Even they always believe and they are not aware that they are being fooled by the developer of this Pi Network project. Many people claim to understand and understand crypto and believe in this project, even though they don't understand anything about crypto at all. Creating a community that looks like it will get big profits, even though it's only being deceived. Feel sorry for ordinary people who are invited to this garbage project.

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[mdzahed134]

Pi Network is a social cryptocurrency and developer platform that.
1• allows mobile users to mine Pi coins without draining battery or harming the environment.
2• fosters the world's most accessible and ubiquitous apps platform where developers can offer users real life utilities and products in exchange for Pi coins. With its 35+ million engaged user base and novel mining mechanism that allows anyone to mine Pi straight from their smartphones, Pi Network strives to bring real power back to the masses. Pi's blockchain secures not only transactions via a mobile meritocracy system but also a full Web 3.0 experience where community developers can build decentralized applications (dApps) for millions of users.

Pi network is real with a market cap of $1,120,344,681,920 and price of $25.33 on the coinmarket cap.

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

I think Pi network on this coinmarketcap is fake, because the official Pi network says that Pi hasn't been traded, so of course until now Pi still doesn't have a price, but the last news I read, if you need do KYC to be able to transfer your Pi from testnet to mainnet and the KYC process takes a very long time, because some people have been more than 6 months to make KYC, but the KYC is still in process.

but I won't do KYC, because the Pi project is still unclear and doesn't have a price, therefore I don't want to do KYC until the project is finished and can be traded.

Yeah, this not real Pi coin, where real Pi coin mainnet isn’t ready to launch yet it's very clear, right now listed or traded Pi coin is absolutely fake. I submitted my documents for KYC in 4 months ago but still pending. But i see a lot of Pi holders KYC is approved but i think still it’s can't be transferred. I don’t big hope about this project in the future because there are no clear vision of this project.

[Youngkhngdiddy]

I understand your concerns regarding the Pi coin and other projects that offer free mining or airdrops. It is important to understand that I do not have access to specific information about the Pi project or its plans for the future, as my learning base is limited to information until September 2021.
At the same time, in the world of cryptocurrencies, there are many projects that offer free coins or mining, and not all of them are successful or reliable. Some projects may disappear or become irrelevant over time.
If the Pi project is ready to hit the market and has the potential to be of interest to the Chinese market, this could be an interesting development. However, it is important to remember that investing in cryptocurrencies is always associated with risks, and no one can guarantee the success or stability of the project.

Many  people have passed their kyc in country and their real Pi have be transferred to them successfully, like I said earlier Pi has 2 stages of mainnet, the enclosed and open mainnet, we're currently in the enclosed mainnet and hopefully the open mainnet would be launched soon where pi would have it's own official trading platform and listed on other major platform as well, many platform are ready and waiting for open mainnet to list Pi officially and come openmainnet many country and businesses would adopt Pi as a means of Payment for goods and services which is the sole aim of the Pi core team.

[Mpamaegbu]

The first time I heard about Pi mining was about two years ago and how the developer was aiming to launch it. That year passed, nothing happened. The following year nothing happened; till now. One thing I've come to notice about those supporting Pi or any other mining app is that they think they've invested a lot of time and energy on such that it will cost them more going back than keeping on. The sad reality is that, money isn't free in the air like these devs want to make us believe by clicking and claiming something that later translates to cash. Even faucets aren't that generous this day. Whenever I hear of Pi, I remember the inglorious days of TBC – The Billion Coin. Till date, that shit scam utopic coin hasn't still been listed on any reputable coin site. I believe those who invested in TBC have eventually come to face the reality that they've been successfully scammed. It's the same thing I know will happen to those investing in Pi now.

[Boomber]

I used to do mining Pi, but now I don't do it anymore, because in my opinion Pi doesn't have progress and takes too long for a cryptocurrency project, so Pi won't be as hype and popular as it first appeared, then I doubt if Pi will success and hype again, but if you want to try mining Pi, then you better just do it, because mining Pi is free and you won't lose anything, but if I already lazy and don't want to mining Pi anymore, unless Pi already has price on the market.

[disconnectme]

I know a lot of people are positive and dreaming Pi is going to make them rich, I pray it is so but in reality, I don't see how this is possible, a lot of these tokens has been mined and farmed buy a lot of people, if the coin listed on the market at $1 it will be one of the most capped tokens in the crypto space, where is the money coming from to backed the valuation because I am very sure a lot of people will run and dumped the tokens on the market, I have more than 200 tokens in my wallet presently and will happily take that valuation and some people are talking it is going to hit $20 per tokens.

Something tells me that Pi network is a social experiment that is being carried out to know people's reaction to free money or about the Universal Basic Income (UBI).

[Victorik]

Are there people still mining this pi coin? Personally, I just see everything around it as a scam, I don't see any future in it. But again, this is just my opinion and I could be wrong.

[blackened515]

I used to do mining Pi, but now I don't do it anymore, because in my opinion Pi doesn't have progress and takes too long for a cryptocurrency project, so Pi won't be as hype and popular as it first appeared, then I doubt if Pi will success and hype again, but if you want to try mining Pi, then you better just do it, because mining Pi is free and you won't lose anything, but if I already lazy and don't want to mining Pi anymore, unless Pi already has price on the market.

The Pi network is real, and influencers who are passionate about the idea have begun earning money from the comfort of their own homes. They make money by selling and bagging it Pi receiver address because Pi rates generate a pump and dump, much like crypto. There is more time to rest and begin mining Pi; it is a promising project with 50/50 odds of profit and loss. Pi network is a long-term effort; miners should be patient; as for me, I'm through with the project. Sure, it's a legitimate project, but I don't have that much time to be devoting to a project that could potentially turn out to be a scam.

[poodle63]

Are there people still mining this pi coin? Personally, I just see everything around it as a scam, I don't see any future in it. But again, this is just my opinion and I could be wrong.

There are still many people who mints this shit scam coin. Those guys were so stupid enough to believe if there's hope for this coin. The dev was just fooling all of them. The only problem is they never understand if they already fooled by the developers.

I don't know when they will be realizing it pi was a scam coin.

[Victorik]

Are there people still mining this pi coin? Personally, I just see everything around it as a scam, I don't see any future in it. But again, this is just my opinion and I could be wrong.

There are still many people who mints this shit scam coin. Those guys were so stupid enough to believe if there's hope for this coin. The dev was just fooling all of them. The only problem is they never understand if they already fooled by the developers.

I don't know when they will be realizing it pi was a scam coin.

Hmmm..
I know some people who will disagree with about them been stupid for minting pi coin. As a matter of fact, they will laugh at you for not seeing the opportunities around the coin. But then, I think it's a complete waste of time, effort and data minting that silly coin.

[Pedrination]

I've heard mixed opinions about the PI Network project. Some people claim it's just a way to create hype for their own benefit, while others mention the potential to earn tokens quickly through mining. However, there is uncertainty about the token's future value. The project does have a sizable community, but conflicting information has left me unsure about its authenticity. It's important to gather more information to understand what this project truly offers.