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Author Topic: Is Pi mining networks real?  (Read 642 times)
CapGelatik
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May 31, 2023, 08:59:16 AM
 #61

This Pi network of a thing I haven't really pay attention to it and I learnt it was listed on exchange later run had another news it wasn't the real pi coin so was confused about this manipulation. Although I was shared a ref link to register and starts mining, I was like how can I just downloaded an app and starting mining coin. What just came into my mind was this could likely be scam. The Pi team might be genuine but scammer used their popularity and got listed and steal people's coin.
a completely different Pi coin is registered and displayed in the coin market, which has a completely different price and address of the contract, and the real pi coin does not appear anywhere and has not been flattered anywhere, the developers say that the project is working and they need time to develop the project, but I don’t I believe, I even read that investors announced their distrust of the project
What do you mean? The Pi network has been registered on coinmarketcap, what do you mean it's fake?
information about the market has also been registered on coinmarketcap too, Huobi, Bitmart, XT.com and Biconomy,
I think the Pi network listed on coinmarketcap is genuine and the Pi community also has no complaints about this on their social media.

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May 31, 2023, 11:42:00 AM
 #62

Their term for mining is not actually the same as what other crypto called mining, what they call as mining is doing some task on their apps and then you will get some Pi. So, regarding blockchain and cryptocurrency their mining networks is not exactly 'real'. Other thing about Pi is that most of the community tells non-sense lies to attract more people.


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May 31, 2023, 11:56:23 AM
 #63

I have heard contradicting information about the PI Network and it leaves me confused about the authenticity of the project. I recall hearing that there's a discrepancy between the PI network and the PI coin. We really need to have a clear picture of what this project offers.
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May 31, 2023, 01:10:47 PM
 #64

I am not a PI miner but I also heard a lot of negative news about this project, many say that this project only wants to create FOMO for its own brand benefit. but what I know is that if you mine in a short time you can get a lot of tokens and can use simple tools most likely the price of the token will not be high. but I also know that this project also has quite a large community.

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May 31, 2023, 01:28:15 PM
 #65

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/

Really, if you're a real follower of the real PI you know that what is listed on Coinmarketcap is a fake PI
The real Pi network had a notification to all their followers on their Twitter account, those buying this fake Pi may end up losing in the end, so beware of this.

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May 31, 2023, 02:00:05 PM
 #66

This Pi network of a thing I haven't really pay attention to it and I learnt it was listed on exchange later run had another news it wasn't the real pi coin so was confused about this manipulation. Although I was shared a ref link to register and starts mining, I was like how can I just downloaded an app and starting mining coin. What just came into my mind was this could likely be scam. The Pi team might be genuine but scammer used their popularity and got listed and steal people's coin.
a completely different Pi coin is registered and displayed in the coin market, which has a completely different price and address of the contract, and the real pi coin does not appear anywhere and has not been flattered anywhere, the developers say that the project is working and they need time to develop the project, but I don’t I believe, I even read that investors announced their distrust of the project
What do you mean? The Pi network has been registered on coinmarketcap, what do you mean it's fake?
information about the market has also been registered on coinmarketcap too, Huobi, Bitmart, XT.com and Biconomy,
I think the Pi network listed on coinmarketcap is genuine and the Pi community also has no complaints about this on their social media.
Go to check their official announcement in twitter, listed Pi coin in coinmarketcap it’s not real, although a few major exchanges listed this coin but i think their mainnet launched yet. I own some Pi coin but it's can't transferable. I didn’t trust this project, because it’s take long time but it’s holders can't sell it.

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TheGreatPython
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June 01, 2023, 08:42:50 PM
 #67

I'm not entirely sure what you mean by "Pi mining networks," but if you are referring to the cryptocurrency Pi, then it is a real digital currency that was launched in 2019 by a group of Stanford graduates. Pi is designed to be mined on mobile devices, and its creators claim that it is the first digital currency that can be mined on a phone without draining the battery.

However, the legitimacy and viability of Pi as a long-term investment or currency is still a matter of debate. Some people believe that Pi has potential, while others are skeptical of its claims and warn of potential risks associated with investing in a new and untested cryptocurrency. It's important to do your own research and exercise caution before investing in any cryptocurrency.
Lol, it's in no way a real digital currency neither it was developed by Stanford graduates, these are all lies and only done to create community hype and get a lot of users to make their app and website popular and finally to get phone numbers, emails, and KYC information of users that they can use for their own benefit, might even sell them to third-party advertisers for money.

It is not a trusted project and most obviously just a scam that will never really have any coin released in the market because if it was a real project, it would never take this much time for it to release in the market or at least have an ICO or something.
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June 01, 2023, 11:03:07 PM
 #68

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.

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June 01, 2023, 11:04:13 PM
 #69

~
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, Cool
You're judging a group of person based on looks? I don't think that it's a good thing to do that. I mean why judge them just by their looks?

Quote
Re: Is Pi mining networks real?
Right now, the price of PI Network in Coinmarketcap is around $22. https://coinmarketcap.com/currencies/pinetwork/
TBH, I remembered one project a few years ago where I participated in mobile mining, got some tokens from it, sold it, and got some profit. If somebody knows the project Electroneum still I think around 2017-2018 where ICO hype is at it's peak.

Is Pi mining networks real? It's a scam, and right now the price of it is at $22, but once the developers unlock the tokens that these "MINERS" got in their so-called mobile mining, the price of it will plummet, and that's 100% sure. What they did is a different way of airdropping their tokens to newbies. Here in our country, I've seen numerous posts of people trading their "MINED" Pi networks to something that has value like rice, or whatever that they need. I mean it's just absurd how people look at this network without proper researching. Well, they didn't invest anything aside from the fact that they might gave their private information to these scammers so... yeah.

Pi Network is a scam. The price of it will plummet anytime soon, and these miners will get shock when they see the developers dumping their own token first.

 
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June 01, 2023, 11:47:21 PM
 #70

What do you mean? The Pi network has been registered on coinmarketcap, what do you mean it's fake?
information about the market has also been registered on coinmarketcap too, Huobi, Bitmart, XT.com and Biconomy,
I think the Pi network listed on coinmarketcap is genuine and the Pi community also has no complaints about this on their social media.
Please learn about what IOU token is. It looks like you don't even know about that. It's all fake tokens created by those exchange sites to get the hype. Even with their IOU and the price is also quite low right now.
It's not genuine and it's only fake token that being issued by exchange site as a trap for the new people to trade it.

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June 02, 2023, 05:50:50 AM
 #71

This Pi network of a thing I haven't really pay attention to it and I learnt it was listed on exchange later run had another news it wasn't the real pi coin so was confused about this manipulation. Although I was shared a ref link to register and starts mining, I was like how can I just downloaded an app and starting mining coin. What just came into my mind was this could likely be scam. The Pi team might be genuine but scammer used their popularity and got listed and steal people's coin.
a completely different Pi coin is registered and displayed in the coin market, which has a completely different price and address of the contract, and the real pi coin does not appear anywhere and has not been flattered anywhere, the developers say that the project is working and they need time to develop the project, but I don’t I believe, I even read that investors announced their distrust of the project

What you should know is that people always use the popularity of projects to gain access to people buy launching a fake pi coin. What you saw in CMC is just something that is giving you signal on how to be very mindful and careful, during their launch on few exchange I was like this weren't the real network people have been waiting for i confirm on their twitter handle to know if they are real network.

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June 02, 2023, 07:09:16 AM
 #72

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?

It's been a few years since that Pi, a mining coin that can be done on a mobile device. What I see here with these coins is that they are just hyping their communities. Just kidding, it's been a few years but they still haven't launched yet. That's surprising.

So I think that the owner of the Pi network is not really serious about developing this coin, because until now they have been in the crypto industry for several years and are still not in the legit crypto exchange listing. All I can see is that they are serious about getting a lot of money from their community which they can fool like the people behind onecoin did which ended up being a scam. And that's unlikely to happen on the Pi network.

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masulum
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June 02, 2023, 11:19:02 AM
 #73

You're judging a group of person based on looks? I don't think that it's a good thing to do that. I mean why judge them just by their looks?


Yes, I judge from their community looks. In Indonesia, mostly people aged 40+ have no interest in crypto, only people who interested in technology may anthusiast with Crypto.Since their community from old people, this would be a suspicious thing. I understand that maybe I'm wrong, but I 'm sure withmy judgment, because I know how Indonesian people are. When they have been promised big profits, rich ans another related with free or doubled money, most people will be easily attracted even though they don't understand what they are going to do. That's why I was suspicious of PI from the start.

HOLD...
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June 02, 2023, 01:06:20 PM
 #74

What you should know is that people always use the popularity of projects to gain access to people buy launching a fake pi coin. What you saw in CMC is just something that is giving you signal on how to be very mindful and careful, during their launch on few exchange I was like this weren't the real network people have been waiting for i confirm on their twitter handle to know if they are real network.
Pi coins in CMC or in the market are currently only Pi Coins created by the market and are only valid in the internal market. It cannot be withdrawn and sent to other markets. This is just a coin created to enliven the hype that is happening. and the real Pi coin has not even been mainnet for years. Why do some people still trust coins like this that don't even have any guarantee about Mainnet. It is better to invest in coins that have really developed and can provide benefits.
Youngkhngdiddy
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June 02, 2023, 01:30:08 PM
 #75

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.

 Talking about kyc, it is optional to do your kyc if you want or wait for the project to be fully launched, Pi Network is real but without general fixed price yet, and most people that have been kyced are migrated to the Mainnet Pi has two stages of mainnet the enclosed main net and the open mainnet.
It is currently on the enclosed mainnet where migrated users in different countries can spend their Pi to buy goods and services at an agreed price, through a peer to peer means of transaction.
 The project is real and the core Pi network team are working hard to launch Pi on the openmainnet whereby Pi can be traded at a general consensus price worldwide.
The price on the coinmarket cap is not the real price of Pi it's just their speculations on what amount Pi might be when it's fully launched.
Taskford
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June 02, 2023, 01:53:24 PM
Merited by avp2306 (1)
 #76

What you should know is that people always use the popularity of projects to gain access to people buy launching a fake pi coin. What you saw in CMC is just something that is giving you signal on how to be very mindful and careful, during their launch on few exchange I was like this weren't the real network people have been waiting for i confirm on their twitter handle to know if they are real network.
Pi coins in CMC or in the market are currently only Pi Coins created by the market and are only valid in the internal market. It cannot be withdrawn and sent to other markets. This is just a coin created to enliven the hype that is happening. and the real Pi coin has not even been mainnet for years. Why do some people still trust coins like this that don't even have any guarantee about Mainnet. It is better to invest in coins that have really developed and can provide benefits.

People believe that they can earn huge money with this that's why they still hope for Pi mainnet to come.they don't even realize that they are just been fooled by devs and to those people who promote it. They should realize that those people telling that they became ri h for having this is just fooling them because those just just want to sell them their Pi' coins.

They really need to wake up from thinking unrealistic matters regarding on this coin and move on since nothing will happen if they still hope on Pi.

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June 02, 2023, 02:06:12 PM
 #77

What you should know is that people always use the popularity of projects to gain access to people buy launching a fake pi coin. What you saw in CMC is just something that is giving you signal on how to be very mindful and careful, during their launch on few exchange I was like this weren't the real network people have been waiting for i confirm on their twitter handle to know if they are real network.
Pi coins in CMC or in the market are currently only Pi Coins created by the market and are only valid in the internal market. It cannot be withdrawn and sent to other markets. This is just a coin created to enliven the hype that is happening. and the real Pi coin has not even been mainnet for years. Why do some people still trust coins like this that don't even have any guarantee about Mainnet. It is better to invest in coins that have really developed and can provide benefits.

People believe that they can earn huge money with this that's why they still hope for Pi mainnet to come.they don't even realize that they are just been fooled by devs and to those people who promote it. They should realize that those people telling that they became ri h for having this is just fooling them because those just just want to sell them their Pi' coins.

They really need to wake up from thinking unrealistic matters regarding on this coin and move on since nothing will happen if they still hope on Pi.
There are so many warnings online and I don't know how people still believe in this coin despite all the accusations. They just keep holding on their thought that the Pi they have will become a big money. I have a friend in person that hope that this coin will be sellable and tell him several times that it will not. I stop reminding him at some point because he is really eager that this coin will make him rich. We can't really control thoughts of some people even how logically we explain to them what will be the very possible outcome.

The Pi that people hold is just equivalent to those honey pot scam tokens.

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bluebit25
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June 02, 2023, 02:12:21 PM
 #78

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?
Currently, there are many new mining networks and virtual currencies launched in the market, and some of them have gained a high level of trust from the community and are invested by large institutions. However, there are also many coins and mining networks that are fraudulent or unreliable. About Pi, it is a reliable project and is supported by many experts and investors. However, achieving success and going to market is not guaranteed and development may be hindered. The same goes for other coins and mining networks. If you are interested in investing in new coins and projects, I suggest you do a thorough research on the project and make sure that it is really reliable and has potential for future growth. You should also invest some money that you can lose, and should not put all your money into a single project.

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AakZaki
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June 02, 2023, 06:12:59 PM
 #79

There are so many warnings online and I don't know how people still believe in this coin despite all the accusations. They just keep holding on their thought that the Pi they have will become a big money. I have a friend in person that hope that this coin will be sellable and tell him several times that it will not. I stop reminding him at some point because he is really eager that this coin will make him rich. We can't really control thoughts of some people even how logically we explain to them what will be the very possible outcome.

The Pi that people hold is just equivalent to those honey pot scam tokens.
There's no point in reminding people like your friends. Their minds have been controlled by greed to get rich instantly by using coins that are not even clear. The average believer in the Pi coin so far is that they are elderly, they are easy to fool, hoping that the mainet will start soon and the price will even exceed the price of Bitcoin.
Those who continue to promote that this pi coin will be profitable are certainly those who have joined from the beginning and are trying to sell their ownership at a high price to new users.
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June 03, 2023, 02:42:21 AM
 #80

What you should know is that people always use the popularity of projects to gain access to people buy launching a fake pi coin. What you saw in CMC is just something that is giving you signal on how to be very mindful and careful, during their launch on few exchange I was like this weren't the real network people have been waiting for i confirm on their twitter handle to know if they are real network.
Pi coins in CMC or in the market are currently only Pi Coins created by the market and are only valid in the internal market. It cannot be withdrawn and sent to other markets. This is just a coin created to enliven the hype that is happening. and the real Pi coin has not even been mainnet for years. Why do some people still trust coins like this that don't even have any guarantee about Mainnet. It is better to invest in coins that have really developed and can provide benefits.

People believe that they can earn huge money with this that's why they still hope for Pi mainnet to come.they don't even realize that they are just been fooled by devs and to those people who promote it. They should realize that those people telling that they became ri h for having this is just fooling them because those just just want to sell them their Pi' coins.

They really need to wake up from thinking unrealistic matters regarding on this coin and move on since nothing will happen if they still hope on Pi.

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.

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