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Author Topic: Opinions on the Pi network  (Read 345 times)
Bitco55 (OP)
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February 11, 2024, 01:32:30 PM
 #1

Let's talk about the Pi network. With about 48 million users known as pioneers, this altcoin has gained popularity already. Also, its easy mining structure makes it more appealing to users than a lot of other altcoins. Although there are good speculations about it, it still hasn't been listed on Binance or any other exchange platform for buying and selling. What may be the reason? Is this how long it took other altcoins before they came into use? It's been more than 4 years since its words came to the public. What do you think caused the long wait and how valuable would it be when it comes out?

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February 11, 2024, 05:21:40 PM
 #2

I think the pi network are taking too long to launch the mainnet and most especially validate most of their users in queue for the kyc process.
Unlike before, the pi network hype had really gone down because of their delay.

In crypto, too much delay can affect the success of the project because new projects comes out every so often and investors only go with the trend.
Look at how ice network getting things done as soon as possible, they understand the market and knows how to work with the trend.
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February 11, 2024, 08:32:03 PM
 #3

I think the pi network are taking too long to launch the mainnet and most especially validate most of their users in queue for the kyc process.
Unlike before, the pi network hype had really gone down because of their delay.

In crypto, too much delay can affect the success of the project because new projects comes out every so often and investors only go with the trend.
Look at how ice network getting things done as soon as possible, they understand the market and knows how to work with the trend.

That's true. Was going to compare Pi and the Ice network, cause I also mine from there. Now thinking about how unhyped people are now , if it comes out today and becomes real big, would anyone want to buy it? And also, what do you think might be the problem ? Cause definitely the producers of the Pi network know that their probably losing grounds with their delay.

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February 11, 2024, 09:14:01 PM
 #4

it still hasn't been listed on Binance or any other exchange platform for buying and selling. What may be the reason?

They been promising to launch their mainnet for years now, and people still mining away at these tokens that don't got any actual value yet.  Seems like a waste of time if you ask me.

Look, maybe I'm being too harsh here but I just don't see how they gonna make this work long-term.  They gotta figure out some way to make the tokens useful for folks, or the economy they trying to build just wont be sustainable. Sure they got a buncha followers right now, but that's mostly cuz people wanna cash out their Pi for real money someday.  What happens when that don't work out?

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February 12, 2024, 05:56:58 AM
 #5

That's true. Was going to compare Pi and the Ice network, cause I also mine from there. Now thinking about how unhyped people are now , if it comes out today and becomes real big, would anyone want to buy it? And also, what do you think might be the problem ? Cause definitely the producers of the Pi network know that their probably losing grounds with their delay.

Ice has indeed been listed and proven to its users that the coin is real and not just a fake, but PI is always delayed and many people are disappointed. Maybe previously there was a lot of hype and got a response from people who have big names in the crypto world, but currently there is still nothing. There are also signs where they will be listed. Is there any special news about PI? I'm also not very up to date anymore.

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February 12, 2024, 01:20:14 PM
 #6

Let's talk about the Pi network. With about 48 million users known as pioneers, this altcoin has gained popularity already. Also, its easy mining structure makes it more appealing to users than a lot of other altcoins. Although there are good speculations about it, it still hasn't been listed on Binance or any other exchange platform for buying and selling. What may be the reason? Is this how long it took other altcoins before they came into use? It's been more than 4 years since its words came to the public. What do you think caused the long wait and how valuable would it be when it comes out?
I think, it is not currently listed on major exchanges like binance because each exchange has standards, which usually include factors such as security measures, user demand, and market liquidity. I think so like that.
As for how long it took other altcoins to launch, it varies a lot. Some were ready soon after announcement, while others took years of development. For me got information about how long Pi lauch it, I don't know because exact reason for Pi long wait time isn't clear. It could be due to the team wanting to rigorously test their product before launch. Given Pi Network uses a unique consensus model which allows energy-efficient mining, they may want to make sure everything's working perfectly before going live.

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February 12, 2024, 06:01:51 PM
 #7

Let's talk about the Pi network. With about 48 million users known as pioneers, this altcoin has gained popularity already. Also, its easy mining structure makes it more appealing to users than a lot of other altcoins. Although there are good speculations about it, it still hasn't been listed on Binance or any other exchange platform for buying and selling. What may be the reason? Is this how long it took other altcoins before they came into use? It's been more than 4 years since its words came to the public. What do you think caused the long wait and how valuable would it be when it comes out?
Well, that's precisely my question, why hasn't it been registered on a large or small market exchange? What's unfortunate is that illegal buying and selling of interfaces is circulating which is prone to fraudulent transactions that only harm one party and this often happens, for example, the seller has sent the coins but the other party the buyer did not send the payment

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February 12, 2024, 07:35:26 PM
 #8

I think the pi network are taking too long to launch the mainnet and most especially validate most of their users in queue for the kyc process.
Unlike before, the pi network hype had really gone down because of their delay.

I learnt people lost significant amount of pi coin due to late kyc entry and till date some people weren't able to pass kyc hence their pi coin is gone maybe I don't know if there were other ways they have used to restore back their pi coin. Just as you said have been hearing about this coin and they made lots of noise on social media causing them to gain much popularity even more than some of those meme coin that has been listed in the market today. Most times good projects takes time to list their coin, they takes all the time because they knew that most of the people who are holding their coin are just looking for a way to go dump them on market this made most project to set some limits and a total amount one could be able to sell.

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February 12, 2024, 09:08:52 PM
 #9

I think the pi network are taking too long to launch the mainnet and most especially validate most of their users in queue for the kyc process.
Unlike before, the pi network hype had really gone down because of their delay.

I learnt people lost significant amount of pi coin due to late kyc entry and till date some people weren't able to pass kyc hence their pi coin is gone maybe I don't know if there were other ways they have used to restore back their pi coin. Just as you said have been hearing about this coin and they made lots of noise on social media causing them to gain much popularity even more than some of those meme coin that has been listed in the market today. Most times good projects takes time to list their coin, they takes all the time because they knew that most of the people who are holding their coin are just looking for a way to go dump them on market this made most project to set some limits and a total amount one could be able to sell.

I can't seem to understand the reason why anyone will lose the pi they have mined before despite the delay in kyc. Maybe they need to reach out to the pi team for assistance to restore their mined coins otherwise it will seen like a huge waste of time mining pi to end up losing them.

Nowadays, it doesn't take too long for good project to list on reputable and top exchange like Binance and coinbase, the delay in going to mainnet and listing on big exchange has nothing to do with how good the project is bur how serious.
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February 12, 2024, 09:24:17 PM
 #10

The Pi network got popular when the entire cryptocurrency was in the early days of its usage in different ways. By that time, the mining of tokens through mobile phones had become big news. Even people who didn't have any idea about cryptocurrency started to mine it. I learned about it from a person who didn't have any idea about it. He just installed it, and he referred me and forwarded the link. Now it's too late, and the hype is down. For now, users who have a good volume of tokens will be interested in its updates, whereas the rest don't. The majority are with the mindset, let it get launched. If lucky, we may get some rewards, and they never wait for them. If it doesn't get launched, they aren't going to worry about it.

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February 12, 2024, 10:36:36 PM
 #11

I think the pi network are taking too long to launch the mainnet and most especially validate most of their users in queue for the kyc process.
Unlike before, the pi network hype had really gone down because of their delay.

Snip

I can't seem to understand the reason why anyone will lose the pi they have mined before despite the delay in kyc. Maybe they need to reach out to the pi team for assistance to restore their mined coins otherwise it will seen like a huge waste of time mining pi to end up losing them.

Nowadays, it doesn't take too long for good project to list on reputable and top exchange like Binance and coinbase, the delay in going to mainnet and listing on big exchange has nothing to do with how good the project is bur how serious.

It could be possible from the team plans to reduce holders naturally some project owners uses that media to reduce their project total supply in order for the coin to have a good value. When projects decides to swap token you would see that not everyone will meet up to get their token swapped so at this point the project owners has every right possible to burn those people token. In essence there was an announcement about the numbers of days and duration for everyone to pass their kyc if they couldn't meet up to pass kyc i don't think the team are to hold responsible knowing too well they are looking for other means to reduce the total supply of the coin.

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February 14, 2024, 02:44:02 PM
 #12

Let's talk about the Pi network. With about 48 million users known as pioneers, this altcoin has gained popularity already. Also, its easy mining structure makes it more appealing to users than a lot of other altcoins. Although there are good speculations about it, it still hasn't been listed on Binance or any other exchange platform for buying and selling. What may be the reason? Is this how long it took other altcoins before they came into use? It's been more than 4 years since its words came to the public. What do you think caused the long wait and how valuable would it be when it comes out?
Let's get realistic here. If it was a serious project and if they had the aim to release the token and list it in exchanges, they would have done it a long ago because 4 years is a very long time. A project can start and have all its developments done in 4 years, and this project hasn't been able to verify all its customers so far which is laughable, to be honest.

So what I think is that they are just fooling their customers and the token is never going to list anywhere and they won't allow all their customers to have their tokens migrated to the mainnet because they know people would barely trade the token if everyone has free ones and there will only be dumping and no one will be ready to buy them.

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tokeweed
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February 15, 2024, 12:59:56 PM
 #13

it still hasn't been listed on Binance or any other exchange platform for buying and selling. What may be the reason?

They been promising to launch their mainnet for years now, and people still mining away at these tokens that don't got any actual value yet.  Seems like a waste of time if you ask me.

Look, maybe I'm being too harsh here but I just don't see how they gonna make this work long-term.  They gotta figure out some way to make the tokens useful for folks, or the economy they trying to build just wont be sustainable. Sure they got a buncha followers right now, but that's mostly cuz people wanna cash out their Pi for real money someday.  What happens when that don't work out?


Nah...  You're just being real.  For the guys who are keeping their hopes up of making some money out of this, it ks prolly better to start looking elsewhere.  There's a lot of opportunties out there if you know where to look.  Listen to the guys in the forum like libert19 and tvplus006.  Read their old posts and try to found out who they've interacted within the forum who brings the info and learn from them too.  This forum is a wealth of knowledge for those guys who know how to look.  Good luck.

And if you guys are low on funds and still use ETH mainnet, just stop.  All the action is slowly going to Solana now and next year it could be Monad's year.

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February 15, 2024, 03:49:21 PM
 #14

I can't believing with too high dreaming of Pi Network miner their current Pi coins price based on consesus price around 314k$, its so amazing and crazy imagination from Pi miner how come coins receiving from free most expensive than bitcoin price.
Stop with high dreaming for Pi miner and acceptable realistic Pi coins still not main net yet and coins launched more than four years ago.
During have black market want to buy better sell it before there are not any one get interested yet with Pi coin,
stop dreaming with Pi network coins will raise more higher than bitcoin because make your under pressure and becoming stress have waiting longer time but Pi network not listed yet on any exchange market.

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Bright0515
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February 15, 2024, 07:20:23 PM
 #15

I don't really know the reason for this delay at all but let's not expect much many may give up why many will still follow up a faithful servant receives the highest reward.
I remember when this pi first came out it was as if I was the ambassador of it then as time goes on there was no pressure added to it by this time I already had about 50 Pi's then I started hearing some rumors that this pi is fake some people say they have mined a 100 pi while some call different numbers more than mine so I was convinced that it is fake at that time and I wanted to sell my phone so I decided to delete the pi account.
After a year this pi discussion came again this time it was more serious so I didn't bother to mine it until my friend told me that his sister is now selling her pi coin one for 300 naira so I am back again now we are waiting come rain come sun here I am.
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February 16, 2024, 05:28:32 PM
 #16

I think, it is not currently listed on major exchanges like binance because each exchange has standards, which usually include factors such as security measures, user demand, and market liquidity. I think so like that.
As for how long it took other altcoins to launch, it varies a lot. Some were ready soon after announcement, while others took years of development. For me got information about how long Pi lauch it, I don't know because exact reason for Pi long wait time isn't clear. It could be due to the team wanting to rigorously test their product before launch. Given Pi Network uses a unique consensus model which allows energy-efficient mining, they may want to make sure everything's working perfectly before going live.
I think they are not even listed even on a low-quality exchange, so how much more in a major exchange like Binance? A lot of people are supporting the coin but IDK what is running in the mind of its team or devs. They can always choose to get listed on a low-quality exchange first only to compensate their supporters, but it sucks that they didn't do it. I don't even think the requirements for it is strict and the listing fees are high.

It's not about how long the project are launched but it's about their willingness because as you said there are new projects who get listed immediately. I don't know if what Pi is developing or waiting when they are already here for a very long time but I guess it's safe to say that people shouldn't hope for it anymore, or else they will only hurt their selves.

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February 16, 2024, 11:20:30 PM
 #17

Let's talk about the Pi network. With about 48 million users known as pioneers, this altcoin has gained popularity already. Also, its easy mining structure makes it more appealing to users than a lot of other altcoins. Although there are good speculations about it, it still hasn't been listed on Binance or any other exchange platform for buying and selling. What may be the reason? Is this how long it took other altcoins before they came into use? It's been more than 4 years since its words came to the public. What do you think caused the long wait and how valuable would it be when it comes out?
I am a pi mining user. I have been involved in mining for the past few years but I don't see anything good with it although I have heard good prospects from everyone. They may have promised that they will come to the market after a long time but the wait is never ending for people and it is never ending for me either. But I hope they will definitely come with good market and every user will get good money from here. Because they have already gained a lot of popularity all over the world.

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February 17, 2024, 01:48:33 AM
 #18

As an Altcoin a platform quite old and massive investors have invested their money here. But Airdrop hunters are not ready to get their tokens in their own wallets because of KYC restrictions. If they had introduced a system to buy and sell all the coins in the market they would have benefited the most. In 2023 Pi Network has seen a lot of buying and selling we have noticed on the exchange.

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February 17, 2024, 11:55:30 AM
 #19

To be honest I have heard a lot about the Pi network. And I've been hearing that for a long time. Is this really a real project or just a waste of time. There are some times even YouTube has a lot of videos on this topic. Actually I am confused whether this is a real project or not.

I want the opinion of the elders about this.
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February 17, 2024, 12:01:16 PM
 #20

Let's talk about the Pi network. With about 48 million users known as pioneers, this altcoin has gained popularity already. Also, its easy mining structure makes it more appealing to users than a lot of other altcoins. Although there are good speculations about it, it still hasn't been listed on Binance or any other exchange platform for buying and selling. What may be the reason? Is this how long it took other altcoins before they came into use? It's been more than 4 years since its words came to the public. What do you think caused the long wait and how valuable would it be when it comes out?

Because this coin is a scam coin. They are just wasting their electricity to mine this token since there’s no real liquidity to back the token to create value on it. Developer has a lot of premine coin as well as the “pioneers” so who’s in their right mind that will inject liquidity that is not related to the developer?

There’s a lot of successful blockchain that performs better than this coin that is not even on mainnet for many years. Blockchain project doesn’t take this much time especially listing if the developers are willing to invest their own money for startup expenses. I remember scam TBC coin that become popular before. I believe this is the same path of scamming member. The only time this coin will have value if they list this on DEX and let the pioneers inject money for liquidity which is still not possible because Pi network still doesn’t have working blockchain.

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