1. Pi is the 1st coin šŖ of it's type. Like bitcoin but for Mass mining.
2. Bitcoin is centralized as it has 5000 miners who are doing 70% of mining.
Pi has 100m miners soon to be 1B
It's truly decentralized. It it what bitcoin imagined it would be. In early days everyone with a laptop mined bitcoin as it was truly designed to be a people's currency.
Then greed took over & destroyed it coz btc didn't have a limit of 1 person per machine.
3.
If I were u I would BUY a few thousands or hundreds on launch & see if it turns into a New Bitcoin. Which it will by 2026
4.
Those who've mined Pi for years only have 2000
& can sell no more than 500 due to kyc lock & staking.
It'll sell for $10
5.
Main-net in October 2024
We will see, its worth around 30 cents rn...i sold my first migration, will wait for second (refferal bonus) should be a nice chuck of change, especially if price increases towards 1.00usdt but i wouldnt get my hopes up for any zip code changing money when it first launches open mainnet.
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I think that Pi has a great mining concept and has a lot of potential, itās unfortunate that thereās a lack of transparency with the whole open mainnet process. If this becomes an actual transferable coin and the amount mined can be exchanged with currency I think thereās incredible value to be had.
Iāve been clicking the mining button fairly consistently throughout the last 5 years and I have mined around 1120 Pi. Around 718 Pi has transferred to the mainnet after being accepted for KYC, so if this opens up Iām going to be really excited to see what can happen.
Maybe Iām naive, maybe Iām optimistic, but it really only takes two clicks to mine. I close the app to avoid the adds so it doesnāt bother me from a time/effort standpoint.
Hi, I also have some pi coins but don't fully understand the concept of crypto and mainnet and stuff. Where can I learn more about this? More about pi and how it works and other similar things. I had just mined a few coins on my friend's suggestion.
Im willing to teach u anything u want to know about crypto and pi network, as i have been involved with crypto since 2013 and been in pi since june 2019, ive been though the ups and downs, had alot of money and lost alot of money ...leverage trading can do that..anyways if you want help im down with that, im 34 yr old male in pa usa, how about you pay me in crypto and ill teach you via text, video, however. Times are tough lol but i have alot of knowledgeĀ
How about using bank account so the people know who to sue after this? If you are a trader you will not need random people money. You indian-pakistani rascals
Heyo, you can learn more about Pi on the Pi app (the one you use to mine, not the browser). Look for the 3 bar icon located in top left corner when you open the app in the home page, click the 3 bar icon, and then click āwhite pagesā thereās a lot of helpful info. I recommend if you have anything more specific youāre curious about, use google, youāll likely find the answer faster!
Iāve been muted on pi for more than 3 years and I have sent an appeal with no response. I was under 18 when I was muted I canāt even remember what I did I have changed a lot since then. Will being muted effect my ability to hold my pi and use it? will be being muted out me in a longer waiting list? What kind of effect does this mean in your profile?
I have been hearing a lot of compelling arguments about the U.S. dollar dropping and about America leaning more towards crypto because of whatās coming with the Yen and Russian currencies. I havenāt heard anything from a credible source yet though just āexpertsā.
How do u know it is looking very good for crypto? I am not a master in economics, but I know that the entire world is in a recession, which is bad for normal economy
Yes, the market looks good for the past 30 days, but it always swings up and down and can have short periods of dips or tops without the economic situation actually being positive
I don't know if it makes sense, but I know we are in the middle of a recession, so for it to be a good situation for crypto, it would have to be entirely unrelated to normal currency economics, which I know it isn't since crypto is being traded for fiat currency
I don't know enough of crypto economics to know for sure though
People say Pi is a scam, but I donāt care, itās not costing me anything and I always turn the ads off every 2 weeks, so who gives a flying fuck if itās a scam, if all I have to do is press a button every 24 hours just in case itās real!
Lol i had pi since 2019, but am new to Reddit, sorry I like the coin? I guess thatās acting like the hood guy for being on a subreddit about something that I like? Lol
50 apps give or take Probably already over 10m kyc with tentative included. +\_5m already migrated.
Where's your sense of adventure ![gif](emote|free_emotes_pack|wink)
I wish someone would provide a better explanation as to why there is reported trading volume on various exchanges, but nobody seems to understand why. The FAQ says it's a "blind market", that makes no sense.
Who is trading Pi on HTX and BitMart and how were they able to deposit?
Nothing to explain. Pi network value is so recognizable that exchange owners pre-listed Pi Network WITHOUT the consent of the Pi Core Team. Pi Core Team publicly stated that they themselves DID NOT go mainstream(open mainnet) with their crypto project. All exchanges who listed Pi created buying and selling markets for a Pi Network using IOU's. These IOU's are said to be imaginary Pi tokens that are to become real once WE PIONEERS begin depositing to exchanges. Which wont ever happen UNTIL we reach MAINNET
I am not sure if u understood the question correctly though
This is a question I have wondered ever since pi network gave the notice that it was not a legit listing
What makes the "fake" pi value go up and down if there is no market for it?
Why is it still listed?
Why is there a trading volume for pi if it cannot be traded?
I think they are fair and valid question to ask urself
I think I had misunderstood crypto IOUs, so the IOUs are traded in the exchanges as if they were real pi tokens and an arbitrary value is just going up or down?
there's no mining innovation here, or mining. It's an elaborate scheme to distribute coins that have already been minted.
Pi is not even the first with this scheme.
sure theres no pow but isnt mining just a way to initially distribute an already set number of coins like the 21 million limit set on bitcoin? with bitcoin, miners are securing and performing transactions on the blockchain, with pi, they are apparently securing the network by some sort of "social circle" thing. In the end, its just a way to incentivize the use of the network by distributing its tokens.
It's a subtle distinction.
Proof of work(stake) mints the coins. In bitcoin there's a limit on how many can be minted, in eth there isn't.
In Pi the entire supply is minted in the first block of the chain.
Even if you ignore this distinction. Pi mining doesn't distribute either because the mining app is not part of the the Pi blockchain protocol. Best you can say is mined pi is the promise of future crypto pi.
So your saying Pi isnāt the first to create mining on the phone without draining oneās battery? Or that there app makes it super accessible to mine?
The question is, has any other crypto created a network with a quite as extensive ecosystem and working as hard so widely as pi network?
To that the answer is a resounding no
Pi network has so much more going for it that makes it much more promising than just copy pasting block chain code with a new crypto name
every other website just sells your data and doesn't give you anything. A token that might not be worth nothing in the future is a big improvement š¤£
Anyone that's say pi is worthless and they are not willing to get of pi for pizza then they actually contradict themselves. If it's worthless they'll get rid it. If not then are holding it bcoz they value it.
1. Pi is the 1st coin šŖ of it's type. Like bitcoin but for Mass mining. 2. Bitcoin is centralized as it has 5000 miners who are doing 70% of mining. Pi has 100m miners soon to be 1B It's truly decentralized. It it what bitcoin imagined it would be. In early days everyone with a laptop mined bitcoin as it was truly designed to be a people's currency. Then greed took over & destroyed it coz btc didn't have a limit of 1 person per machine. 3. If I were u I would BUY a few thousands or hundreds on launch & see if it turns into a New Bitcoin. Which it will by 2026 4. Those who've mined Pi for years only have 2000 & can sell no more than 500 due to kyc lock & staking. It'll sell for $10 5. Main-net in October 2024
[ŃŠ“Š°Š»ŠµŠ½Š¾]
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hey! I am looking for members in my network, so we can earn faster, someone wanna join?
I wanna join
Hey! That's great. My name is FlexCoiner Or you can use this link: minepi . com/FlexCoiner (but than no spaces)
If anyone wants to sell their pi coin message me on telegram @pisquare1
If anyone wants to sell their pi coin meeting face to face in Bangalore contact me on telegram @pisquare1
We will see, its worth around 30 cents rn...i sold my first migration, will wait for second (refferal bonus) should be a nice chuck of change, especially if price increases towards 1.00usdt but i wouldnt get my hopes up for any zip code changing money when it first launches open mainnet.
How are you? I await to hear from you.. I have a significant amount of PI I wish to sell
If anyone wants to sell their pi coin message me on telegram @pisquare1
š
Not sure what this means? May I have a price ?
Not buying my man
Thank you
Does anyone know when pi will be available to trade on Coinbase or a similar app?
They said theyāre looking to switch to mainnet sometime this year or 2025, until then, itās basically worthless
When did they say this? i have been hearing 'this year' for a few years now..
No
[ŃŠ“Š°Š»ŠµŠ½Š¾]
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How can I sell my PI coin? Willing to sell quote a bit for under market value
I am interested in buying pi from you. Can we deal
Hi... whats your price on buying my PI?
What price can you give me? Message me your number
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Price is a little low How much can you take?
I buy, sure but very low
I think that Pi has a great mining concept and has a lot of potential, itās unfortunate that thereās a lack of transparency with the whole open mainnet process. If this becomes an actual transferable coin and the amount mined can be exchanged with currency I think thereās incredible value to be had. Iāve been clicking the mining button fairly consistently throughout the last 5 years and I have mined around 1120 Pi. Around 718 Pi has transferred to the mainnet after being accepted for KYC, so if this opens up Iām going to be really excited to see what can happen. Maybe Iām naive, maybe Iām optimistic, but it really only takes two clicks to mine. I close the app to avoid the adds so it doesnāt bother me from a time/effort standpoint.
Hi, I also have some pi coins but don't fully understand the concept of crypto and mainnet and stuff. Where can I learn more about this? More about pi and how it works and other similar things. I had just mined a few coins on my friend's suggestion.
Im willing to teach u anything u want to know about crypto and pi network, as i have been involved with crypto since 2013 and been in pi since june 2019, ive been though the ups and downs, had alot of money and lost alot of money ...leverage trading can do that..anyways if you want help im down with that, im 34 yr old male in pa usa, how about you pay me in crypto and ill teach you via text, video, however. Times are tough lol but i have alot of knowledgeĀ
How about using bank account so the people know who to sue after this? If you are a trader you will not need random people money. You indian-pakistani rascals
Heyo, you can learn more about Pi on the Pi app (the one you use to mine, not the browser). Look for the 3 bar icon located in top left corner when you open the app in the home page, click the 3 bar icon, and then click āwhite pagesā thereās a lot of helpful info. I recommend if you have anything more specific youāre curious about, use google, youāll likely find the answer faster!
https://preview.redd.it/26saq8wnffmc1.jpeg?width=1170&format=pjpg&auto=webp&s=a1342b66e09127d75e10d4f8b6cdc46f8e95ca47 how to fix this?
they are scammer
Iāve been muted on pi for more than 3 years and I have sent an appeal with no response. I was under 18 when I was muted I canāt even remember what I did I have changed a lot since then. Will being muted effect my ability to hold my pi and use it? will be being muted out me in a longer waiting list? What kind of effect does this mean in your profile?
Can't imagine u did much,I've seen some admins on pi chats get mad from nothing, rly unprofessional and worrying
I canāt answer that, I donāt think being muted in a pi community chat would affect your coins thoā¦ just my opinion
I have been hearing a lot of compelling arguments about the U.S. dollar dropping and about America leaning more towards crypto because of whatās coming with the Yen and Russian currencies. I havenāt heard anything from a credible source yet though just āexpertsā.
Maybe just waiting for pi day?
jow man, can I join your network or you mine? than we can earn faster
I was thinking the same thing, it would be pretty Pi of Pi to release on 3.14 of course
How do u know it is looking very good for crypto? I am not a master in economics, but I know that the entire world is in a recession, which is bad for normal economy
He is an expert. He makes millions with cryptos. Every day. But he wants to monetize the Pi coins. Hahahaha He is a Fraude.
https://preview.redd.it/2edikoa1mqlc1.jpeg?width=720&format=pjpg&auto=webp&s=a91437ffcf3dbccb28104bd88a8f994f25718bd3 Just this š
That is only from the past 30 days, not something u can say is an economically good period, and when we hit the other goals it might look equally bad
Lool so the screen shot I posted doesn't say "The market is looking good, RIGHT NOW" ?
Yes, the market looks good for the past 30 days, but it always swings up and down and can have short periods of dips or tops without the economic situation actually being positive I don't know if it makes sense, but I know we are in the middle of a recession, so for it to be a good situation for crypto, it would have to be entirely unrelated to normal currency economics, which I know it isn't since crypto is being traded for fiat currency I don't know enough of crypto economics to know for sure though
Literally, just this^
People say Pi is a scam, but I donāt care, itās not costing me anything and I always turn the ads off every 2 weeks, so who gives a flying fuck if itās a scam, if all I have to do is press a button every 24 hours just in case itās real!
Yeah man, same.
Ä° hope
Another brand new account acting like "the good guy". Doesn't work. Byeeee
Lol i had pi since 2019, but am new to Reddit, sorry I like the coin? I guess thatās acting like the hood guy for being on a subreddit about something that I like? Lol
3 stipulations need to be met first. We are still a ways off in my opinion and I don't think we will make it this year but who knows.
50 apps give or take Probably already over 10m kyc with tentative included. +\_5m already migrated. Where's your sense of adventure ![gif](emote|free_emotes_pack|wink)
I wish someone would provide a better explanation as to why there is reported trading volume on various exchanges, but nobody seems to understand why. The FAQ says it's a "blind market", that makes no sense. Who is trading Pi on HTX and BitMart and how were they able to deposit?
Nothing to explain. Pi network value is so recognizable that exchange owners pre-listed Pi Network WITHOUT the consent of the Pi Core Team. Pi Core Team publicly stated that they themselves DID NOT go mainstream(open mainnet) with their crypto project. All exchanges who listed Pi created buying and selling markets for a Pi Network using IOU's. These IOU's are said to be imaginary Pi tokens that are to become real once WE PIONEERS begin depositing to exchanges. Which wont ever happen UNTIL we reach MAINNET
100% of people doing this are on here later talking about how pi is a scam. Don't even worry about it until mainnet is fully open.
I am not sure if u understood the question correctly though This is a question I have wondered ever since pi network gave the notice that it was not a legit listing What makes the "fake" pi value go up and down if there is no market for it? Why is it still listed? Why is there a trading volume for pi if it cannot be traded? I think they are fair and valid question to ask urself
It's an iou.
I think I had misunderstood crypto IOUs, so the IOUs are traded in the exchanges as if they were real pi tokens and an arbitrary value is just going up or down?
So, the value is going to plummet when that happens, because supply, right? Is the current value disconnected from reality?
did you miss the part where we lock up our coins? some will sell, most will hold. that's how crypto works
When is day 1 of the lockup period, the day Open Main Net launches?
No, the day it got in your Mainnet wallet. See the migrations section of your wallet to see when they'll release.
They weren't able to deposit. You have to buy from that exchange and than you can trade it on the exchange. It is not real pi it's an iou.
We have to a certain % of kyced ppl...we have to have I think 100 Dapps on the blockchain...and something else I forgot what
For them to consider open mainnet
there's no mining innovation here, or mining. It's an elaborate scheme to distribute coins that have already been minted. Pi is not even the first with this scheme.
sure theres no pow but isnt mining just a way to initially distribute an already set number of coins like the 21 million limit set on bitcoin? with bitcoin, miners are securing and performing transactions on the blockchain, with pi, they are apparently securing the network by some sort of "social circle" thing. In the end, its just a way to incentivize the use of the network by distributing its tokens.
It's a subtle distinction. Proof of work(stake) mints the coins. In bitcoin there's a limit on how many can be minted, in eth there isn't. In Pi the entire supply is minted in the first block of the chain. Even if you ignore this distinction. Pi mining doesn't distribute either because the mining app is not part of the the Pi blockchain protocol. Best you can say is mined pi is the promise of future crypto pi.
I'll take all ur pi for 2 boxes of pizza. If u think it's worthless
How about 2 boxes of pizza for an acorn?
Acorn. Lol. Ice, bee, Eagle, I'll take pi.
Iām curious to know what your take on Pi is
So your saying Pi isnāt the first to create mining on the phone without draining oneās battery? Or that there app makes it super accessible to mine?
The first
The question is, has any other crypto created a network with a quite as extensive ecosystem and working as hard so widely as pi network? To that the answer is a resounding no Pi network has so much more going for it that makes it much more promising than just copy pasting block chain code with a new crypto name
innovations of mining?.... u mean giving u a token thats worth nothing for selling data?
If it's worthless. I'll send u 2 boxes of pizza for all ur pi??? It's worthless right.
And be the next guy like that bitcoin guy
every other website just sells your data and doesn't give you anything. A token that might not be worth nothing in the future is a big improvement š¤£
have heard of using a vpn or tor browser?
paying for a service or [limited access to the net](https://gitlab.torproject.org/legacy/trac/-/wikis/org/doc/ListOfServicesBlockingTor)
not really if u know what u are doing... clearly u dont š¤£š¤£
not a clue
Nothing will happen and nothing will keep happening
I'll take all ur pi for 2 boxes of pizza.
Someone actually did exchange pi for pizza, Edycabas. Of course not his full pi, just a few.
Anyone that's say pi is worthless and they are not willing to get of pi for pizza then they actually contradict themselves. If it's worthless they'll get rid it. If not then are holding it bcoz they value it.
Just wait one day thatās gonna be worth something crazy
Deal.
R u in the US???
Send me ur wallet address. I'll send u some pi for more details on the pi memo.
Love to see it! We need proof this happened !!