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Author Topic: Pi Network is under investigation in Vietnam  (Read 260 times)
AakZaki
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July 08, 2023, 04:35:49 PM
Merited by CYBER_COWBOY (1)
 #41

News like this is unlikely to sway those who put too much faith in the Pi network. They have already entered and hoped and many followers of this project are those who are at an advanced age so they are easy to manipulate.
I'm even sick of some of my friends posting these very obscure Pi network posts. It's clearly just a speculation project and will only be an abandoned project when the developers have a lot of money from defrauding their members. There is no proper place for a project like the Pi Network, it's just a scam.
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July 08, 2023, 06:25:33 PM
 #42

what I know is that large projects require quite a lot of equipment to mine, but PI only needs simple tools like a smartphone. I think this project is just an ordinary project but some people say that PI will beat BTC. any sane person would surely not believe that and I'm thankful I never mined PI.
It’s lack of knowledge who guys comparing Pi Network with BTC, And i don’t know that how they believed Pi will overtake BTC what a ridiculous expectation, where they are failed to launch even their main net. I heard about this coin from a friend of mine and i minted some coins but i removed this app after few days it’s absolutely bullshit.

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July 08, 2023, 07:08:07 PM
 #43

How is pi a scam since all that has happened was for users to mine and earn free tokens. Have they conducted any sale of sort that makes them to be a scam? Am yet to understand it.
Pi is a network with so many supporters all over the world, so many merchants already accepting pi in their smalll or big scale business. Looking forward to the outcome of the investigation.  Cool

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July 08, 2023, 08:26:53 PM
Last edit: July 09, 2023, 01:56:05 PM by CYBER_COWBOY
 #44

I pity people who are still wasting their precious time and efforts mining pi coin, I wonder what they are hoping to get.
I will always reiterate, pi is scam and people should stay far away from it.

stay away from it, why? It sounds like you are disappointed that you didnt get involved.

What is there to lose? its free to mine.

It has a massive user base -- one of the largest. Chances are that some large crypto company will buy them based on this fact alone. So even if they dont get their act together and launch -- they wont need to. This is the first project available to everyone with a level playing field. They have not launched and money grabbed. They are buliding community first.

what are the drawback to users? Your statement is blank and aimless. Pi has unlimited potential for many reasons. Howwever, even if they simply close down -- ppl have lost nothing. pyramid or ponzi schemes involve transfer of money.

Just because something is free, doesn't always mean its free.
Yes people maybe don't get fooled with their own money, but maybe other things like time, privacy (that in the end is something you need to create money)
Also have this app on your phone can be dangerous. I have no idea.
But saying something isn't a scam just because its free its not always the case.




How is pi a scam since all that has happened was for users to mine and earn free tokens. Have they conducted any sale of sort that makes them to be a scam? Am yet to understand it.
Pi is a network with so many supporters all over the world, so many merchants already accepting pi in their smalll or big scale business. Looking forward to the outcome of the investigation.  Cool


They can give away how many tokens they want, the tokens have zero real value at least for the moment.
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July 13, 2023, 06:35:40 AM
 #45

I will not call Pi a scam until the investigation result comes out. This happens with many projects. It is not that a project is bad just because an investigation has started. Besides, the Pi team or app is not asking any kind of money from anyone and people are earning Pi on their mobiles, so I don’t understand what the scam is here. Even those who have mined it are easily selling it peer to peer from their transferable balance after KYC approval. Overall, many people have made money without any investment. On the other hand, many investors are buying it and hoping that Pi will change their lives. That is completely wrong and I advise such people not to buy out of greed. It is not necessary that its value will be very good when the mainnet goes live. Nothing can be said about it right now.

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