Is Pi mining networks real?

[avikz]

Pi mining network is listed on different trading platforms that is trusted coins coming out soon, China are willing to buy it when is launches into the market but I had trust issues with most of airdrops and free mining networks, some after a while it will just vanished or remain irrelevant. Do you think is real or is going to be launched soon?

I have literally thousands of Pi coins sitting on my smartphone and I believe it's a scam bigger than we can ever imagine! First, let me ask you a question -

Let's assume you can get groceries free of cost from the government. Will you buy the same quality of grocery items from a private departmental store by paying them? The answer is most likely NO unless you have an abundance of black money lying in your house.

Now let's change that perspective to Pi coin. It can be mined through a mobile phone without using any computing power. So how on earth will someone buy that same coin from the market by paying money? It's a flawed logic from the very beginning.

Also you are expected to complete a full KYC if you want to withdraw your Pi Coins. I don't know whether this facility is available yet or not but the KYC is surely available. No one knows what they are going to do with your KYC data.

Stay away from it as much as possible.

[glendall]

Pi mining network is listed on different trading platforms that is trusted coins coming out soon, China are willing to buy it when is launches into the market but I had trust issues with most of airdrops and free mining networks, some after a while it will just vanished or remain irrelevant. Do you think is real or is going to be launched soon?

no one knows because this project is from the end of 2018 I know until the day I don't determine its development in the intended mainet, the uneven implementation of KYC makes it doubtful to do kyc if you get an invitation

[masulum]

I dont know cant judge them by their looks. But obviously this Pi Network works like a ponzi its like the lyka gems that surround before and now its gone. Many scrutinize that project due to a lot of factors. Worse is Pi is being inclined as a blockchain project which clearly it isnt. Its like a centralized platform for using Pi but not really involve blockchain tech. So be careful to a lot of coomunity there, dont wanna fall on this.

I don't want to demean the citizens of my country, but in fact, older people, both women and men, mostly have no interest in crypto. If there are a lot of old members attending community meetings, chances are they are only interested in promises of profit. If they run a ponzi scheme, I remember the case that happened to the bitconnect community.

Well, I tried to visit Pi Network Indonesia facebook, look at this. Not much different, the participants are old people, why? because they are easier to influence so they can join PI. Cases of "multiplication of money" fraud in Indonesia are common and most of the victims are old people. The scheme that makes me suspicious of PI at the beginning. Even though there were also many young people, from several meetings I found the participants were elderly people who incidentally are very easily tempted by the lure of profit, getting rich and so on.

[jacafbiz]

Pi mining has started for some time and it has been making noise for some time until it is officially launched nobody can authoritatively say this is how it will pan out, I know a large number of people that have mined it and are still mining it, I see the token is trading around $20 per token, and there are billions of these tokens in circulation, I don't know where the people behind the project is going to find money to pump the token and I have seen any big exchange mentioned they want to list it on their exchange if this trade at $1 some people will be made for life but I will dump mine at the earliest possible time available

[dimonstration]

Pi mining network is listed on different trading platforms that is trusted coins coming out soon, China are willing to buy it when is launches into the market but I had trust issues with most of airdrops and free mining networks, some after a while it will just vanished or remain irrelevant. Do you think is real or is going to be launched soon?

The PI coin that is listed on the exchange is not the same token that user mine using their mining platform. Exchange offers an IOU token probably they just want to benefit from the hype of PI tokens since there are a lot of users holding this token for many years despite there being no real utility and fake blockchain network. Don't waste power consumption and time on this token since this scam project is running for many years without any significant development aside from pure hype from the community that wants to dump their token once there's already an exchange list it.

[Lagduf]

no one knows because this project is from the end of 2018 I know until the day I don't determine its development in the intended mainet, the uneven implementation of KYC makes it doubtful to do kyc if you get an invitation

So many people have been clariffying if that was another scam. There's nothing more than it as a scam coin. The dev were brainwashing people to mint this shit scam coin. The dev took advantage by fooling people to clicking adds when they are mint this shit scam coin on their phone.

This project is not real. The only stupid people who keep believing this is real.

[FahriZah]

I'm confusion with pi because when first time pi mobile mining start than i starting pi mining my friends give me invitation link from pi mobile mining. Already lost my old pi account and Again create new pi mobile mining and started mining newly i hope pi is real project but we need to wait with patience.

[abel1337]

no one knows because this project is from the end of 2018 I know until the day I don't determine its development in the intended mainet, the uneven implementation of KYC makes it doubtful to do kyc if you get an invitation

So many people have been clariffying if that was another scam. There's nothing more than it as a scam coin. The dev were brainwashing people to mint this shit scam coin. The dev took advantage by fooling people to clicking adds when they are mint this shit scam coin on their phone.

This project is not real. The only stupid people who keep believing this is real.

I remember TBC with this coin to be honest. They are using people to and make them believe that the coin will rise, also there are pi merchant believers that are accepting pi as a payment on what they are selling. It also happened on TBC which is a big scam. Since then, I don't really believe in this coin since it's very suspicious starting from their mobile mining app where nothing is really being mined, doing KYC to their members for greater rewards and now which is making the public believe that they will be rich with this coin. Unknowledgeable people are the one who are am I pertaining as public.

[MAAManda]

First of all, never trust a project that only gives promises without taking real action, at the beginning of my crypto journey, I knew about this project, but what? until now the development that they do has never been realized in real terms. It's just an app that steals data and sells it.

Pi mining network is listed on different trading platforms that is trusted coins coming out soon

Image Source: Coinmarketcap

Do you really believe they will launch their coin as well as their mainnet? LOL, as I said before, never trust a project that only delivers on promises. As you can see in the image above, even though the Pi coin has been listed on various exchange platforms, you can only trade in-exchange, be careful with this, mate.

China are willing to buy it when is launches into the market

Really? could you please provide link to that news?

Do you think is real or is going to be launched soon?

"BIG NO"

[FrozenBit]

What you see in the pi app and their monetization from ads rather than promises to people creates a coin stronger than bitcoin. It's funny how many people think that one day the price of pi will reach hundreds, thousands of dollars. When I ask them about pi they know nothing, and the reason for them to know and dig it is when people say it's like bitcoin ). In addition, I find it funny to trade in this coin as the pi team refuses to accept responsibility for trading while many people claim that pi has very good liquidity.

[barlo357]

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/

This is cap. It was stated on the real pi app that the one with value on coinmarketcap is not real. There is still no price on the real pi.

[AmoreJaz]

What you see in the pi app and their monetization from ads rather than promises to people creates a coin stronger than bitcoin. It's funny how many people think that one day the price of pi will reach hundreds, thousands of dollars. When I ask them about pi they know nothing, and the reason for them to know and dig it is when people say it's like bitcoin ). In addition, I find it funny to trade in this coin as the pi team refuses to accept responsibility for trading while many people claim that pi has very good liquidity.

this coin has been launched a long time ago and many of those early miners already gave up on this. and owed to kyc requirements, i don't know what else this project is collecting from their users. i hope those users who are hoping that one day this will give them fortune already wake up from reality that this coin is just a substandard alt which is not really worth investing.

[justdimin]

It's a SCAAMMMM. The first time I heard about this scam project was several years ago, and now there is no news about the project or development. It's all marketing gimmicks and promises that you'll get rich when you buy, which is a typical definition of a Ponzi project. I would advise anyone not to attempt to download or use any service related to that project or attempt to promote it, you are trying to promote fraud and your friend or community will hurt you when they lose their money.

also, when you try to download this application, they collect and sell your data in order to continue their promotional campaign for this scam.

Have you tried following their social media accounts and there are no more new updates their? But what about their mining app? Maybe you can still find some updates there. Last time, PI is gaining attention in social media sites because I always see a post from them in my timeline and there's even some threads created on the forum about them. That hype eventually died down.

Maybe people already realize that it was a scam and the coin will never be listed because it's been too long since they first promise it. They are only good delaying things. There is no way to buy this coin but there are so many fake PI's lying around. There are no real benefits on investing them, other than losing our money to the scammers.

[blockman]

no one knows because this project is from the end of 2018 I know until the day I don't determine its development in the intended mainet,

And people who are hoping that something might happen to it have complied to its KYC mandatory. That's certain that they've collected a huge number of data from those gullible people that trusts them.

the uneven implementation of KYC makes it doubtful to do kyc if you get an invitation

To make it look like they're legitimate and working on it, that's like a requirement to show people that they're making a progress. But in all reality, nothing really is happening on them but just asked for people's identities.

[Johnyz]

I'm confusion with pi because when first time pi mobile mining start than i starting pi mining my friends give me invitation link from pi mobile mining. Already lost my old pi account and Again create new pi mobile mining and started mining newly i hope pi is real project but we need to wait with patience.

Timing matters here and many are still working with Pi network with a hope of a real value in the future. If you are doing this without spending any money, then I think this can be worth the risk. Most of my friend have this one and mining as well using their phones, I’ve done this before and I hope that in the future, Pi network will have a great impact in the market.

[ultrloa]

I'm confusion with pi because when first time pi mobile mining start than i starting pi mining my friends give me invitation link from pi mobile mining. Already lost my old pi account and Again create new pi mobile mining and started mining newly i hope pi is real project but we need to wait with patience.

Timing matters here and many are still working with Pi network with a hope of a real value in the future. If you are doing this without spending any money, then I think this can be worth the risk. Most of my friend have this one and mining as well using their phones, I’ve done this before and I hope that in the future, Pi network will have a great impact in the market.

This Pi Mining thing is already old and many promises has been broken especially with those people hype this project before and even by now nothing happens. Its seems this project is just collecting KYC information from their users and you need to be more careful with this and don't over extend your hope on something unrealistic.

There are other still hyping PI because they just want to sell their Pi coin to other individual so be careful with this since I really doubt that this coin have potential.

[vv181]

I'm confusion with pi because when first time pi mobile mining start than i starting pi mining my friends give me invitation link from pi mobile mining. Already lost my old pi account and Again create new pi mobile mining and started mining newly i hope pi is real project but we need to wait with patience.

Timing matters here and many are still working with Pi network with a hope of a real value in the future. If you are doing this without spending any money, then I think this can be worth the risk. Most of my friend have this one and mining as well using their phones, I’ve done this before and I hope that in the future, Pi network will have a great impact in the market.

No, it is not worth it even if you did not tangibly spend money. The risks are might enormous. Here is the thing, it certainly requires your time to anyhow runs the application/mining, second, I'm sure you did not know what and how the application is done in the background, what if the app extract and exploit your data, whether your phone data or KYC data.

Relying on questionable or unknown things that require your time is, I think, a bad decision. There is a better thing to do that didn't require mere hope.

[Halime Anatolia]

Source: https://www.beritabulukumba.com/nasional/3877843048/begini-keseruan-kopdar-pi-network-di-indonesia-siap-siap-cairkan-pi-coin

look at the people who attended the Pi-Network community meeting, it seems they are not people who understand crypto right, I'm pretty sure they are join this community because of tempted by the promise of profit and make them rich sooner. Indonesian old lady interested in crypto,  lol,

Is this fomo too @masulum?? If i am read the news and follow the comments on Twitter, there are a lot of PI, although it cannot be denied that the users who mine using mobile phones are also countless and what is most awaited and discussed in this coin is the length of time it accepts for KYC. as well as the launch time of the mainnet.

[asyakashi]

i guess the pi is now listed on some exchange. but they still don't fit from what i've heard because the pi is said to be competitive in price with bitcoin. but what i see they only cost $25 and from some info i got there is still problem about deposit and wd in their pi network. so I think this coin is still not stable enough to be invested in say serious projects. if you want to learn about pi coin i think basic info you can find it on coinmarketcap.

[anggoro manise]

I have seen a lot of rumors about this PI token, on various social media and even all groups are also talking about this token. but in my view, token pi is not quite ready to release their project, because judging from their preparation they are not quite ready yet. many people also doubt this PI project, but I also don't say their project is bad, I just see it from the chatter of people in various media.