Altcoins Talks - Cryptocurrency Forum
Learning & News => For Beginners => Basic Questions about Cryptos => Topic started by: Yeecrypto on March 05, 2025, 12:40:04 AM
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I've been following Pi since it got listed on several CEXs, and one of the most mind-blowing moments was when the market was dipping yet Pi was among the few tokens that kept pumping.
I guess that's what you get from a project with a strong community that truly believes in it. Plus, not all tokens are in circulation yet some airdrop claims are still locked, while others haven’t been verified. Many holders are still staking, trading, and participating in events like Candybomb a trading event where you deposit and trade PI, to gain rewards. (https://i.ibb.co/mVrFXWXJ/that-s-it.jpg) (https://ibb.co/67cJ1C1Y)
Which brings me to my question how many of us ever guessed that Pi would have such a successful listing?
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Ever joining this event when depositing DOGS coins to Binance exchange and earned reward around 20k DOGS coins with price first time listing around $0.0012 or 24$. Its reward available first come first serve or the participants make deposit early before limitation reward have been fully will get reward of Pi coins.
If event still running I think not bad ideas deposit your Pi coins at Bitget and waiting for reward receiving later and worth it more than 30$ depend recent of Pi coin price right now. I think almost new coins when listing at top market always have deposit event and allocated much reward to make interested for their member deposit at any specific exchange market.
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Well, this must NOT be the first time that a coin is defying the odds and coming out to be a big winner in a bearish market. And i guess that big community supporting it all the way can be playing a big force for its continuing rise. However, I would say that this is still too early to conclude that Pi is something different...maybe we should allow at least 30 days before we can say for sure what Pi is made up. For now, let's enjoy what Pi got into as I am still mining on their app and I still have to migrate my coins for some reason beyond my understanding. Congratulations to Pi holders, stakers, miners and supporters all around the world for this amazing run.
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I just think it's too early to conclude something that exists if it's only in a short time and I think it still takes time in the future to be able to prove the strength of PI,
(https://i.imgur.com/3fWMVAd.png)
Looking at the graph above, we can indeed believe that PI is very good so far.
But once again, the offer made is a sign that there is confidence in them to be able to provide positive things that will happen, and it all depends on the market whether it will accept it well.
Because there are still many things that developers have done so far, not to release PI by locking it in order to maintain the price is a good action.
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I can read that many people claim that their funds are still locked or in migration don't know why it's locked if it was mined still that's the reason why it's holding up. Once someone got the locked funds will dump that will create the panic selling process. A project with strong community support is indeed will become successful as long as it's has application but I don't see anything unique with this pi.
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To be honest, PI has broken my scale ⚖️ of expectation with the recent move going against BTC, just that the Bitget trading volume is different from OKX, its visible that it's worth the hype and it shows that the community didn't give up on the project (https://i.ibb.co/wrrk3P9p/IMG-20250305-WA0135.jpg) (https://ibb.co/gFF2Hf5t)
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Which brings me to my question how many of us ever guessed that Pi would have such a successful listing?
I give kudos to everyone who remained optimistic about Pi Coin. They deserve all the profit that they get from their patience. I hope this will not be an encouragement for them to chase another coin like that for years when they can be investing in bitcoin, Ethereum and other good coins.
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Which brings me to my question how many of us ever guessed that Pi would have such a successful listing?
Only the true believers of the project are the ones that thought that way.
Many here including me are very skeptical about the project itself.
I mean just imagine you are getting their tokens through mining using your phone. We know that for us to mine tokens, we need equipment, and a mobile phone can't mine a token, let alone this PI token. I guess it's safe to say that PI Network alongside Electroneum back in the days are proving to us that we can mine on our phone in a different way of course.
Currently, it's on the top 15 in terms of market cap which for me is very surprising knowing that I expected that it will be at around cents. Nevertheless, I'm amazed with the community that surrounds the project.
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Which brings me to my question how many of us ever guessed that Pi would have such a successful listing?
After a long time of many promises on listing PI in an exchange, and a lot of people was mining PI hoping to make a fortune with it, because PI dev said PI price will be very high. Finally, PI got listed and most PI airdrop participants with a good number of mined PI got theirs locked up without access of transfering to the mainet. I wouldn't say that PI is successful with its current price. It's in the long run, one will tell if PI can survive in the market or not.
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I've been following Pi since it got listed on several CEXs, and one of the most mind-blowing moments was when the market was dipping yet Pi was among the few tokens that kept pumping.
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Which brings me to my question how many of us ever guessed that Pi would have such a successful listing?
You call it a successful listing, I don't, because it would be successful if the price would be more than $10 but cosidering the tokenomics, the hype, the year it took, the circulation token, current price is also good for everyone because it did not made anyone lose.
I think the token holds its value even in the dump times is because this is it's dump price, I mean we can see more value in Pi when market will pump maybe it can create another new better ATH.
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I'm not gonna lie, I didn't expect PI to even go near $3 this early after its listing or even ever after its listing due to the fact that people were waiting for years for it to get listed so that they could sell their tokens, they were doing OTC trades from here and there but there was no official news about its listing, and when it got listed, I smiled and said to myself: "See? That's what I thought."
However, after a few days, I saw that it went to $3, and I was utterly surprised. All of a sudden, I thought about the people who were buying PI for $1.8 per coin who would finally be getting some profits after having their dreams shattered at first during the listing phase.
I wouldn't really call the strong stance it has "the strong community support" because I'm pretty sure most of the community members who received coins from the airdrops must have dumped them way before it actually pumped above $2.
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You call it a successful listing, I don't, because it would be successful if the price would be more than $10 but cosidering the tokenomics, the hype, the year it took, the circulation token, current price is also good for everyone because it did not made anyone lose.
I think the token holds its value even in the dump times is because this is it's dump price, I mean we can see more value in Pi when market will pump maybe it can create another new better ATH.
Although take longer time for Pi coin network listing at exchange market but its most successful for miner all out keep mining how many time FUD by many people about Pi is not listing yet. Unbelievable when Pi success reach most higher price above $3 although can't stay for longer time but miner have opportunity for selling their coins at higher price.
Looking how much supply of Pi coins seems bit believing will raise above $3, its good way for miner have taking around three until four years for mining then available sell at market although have many people buy Pi before listing at market with most cheapest price.
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Many people I know have heard that it will be listed around the current price. I believe that many people have tried it, and their tokens are still not unlocked, so there is less sell pressure currently. I think that’s why the price is stable enough right now. If many people have unlocked their Pi, it could go down significantly.
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Many people I know have heard that it will be listed around the current price. I believe that many people have tried it, and their tokens are still not unlocked, so there is less sell pressure currently. I think that’s why the price is stable enough right now. If many people have unlocked their Pi, it could go down significantly.
Unlocking the PI tokens takes time and the way they unlock it is through "a waitlist". I've also been in the waitlist as well. TBH, I didn't expect that I got that much tokens knowing that I didn't open the app for years. Well, free money is free money at the end of the day.
I guess it's good that their process of unlocking their tokens is through a waitlist and not at once so that the price of PI tokens remains stable at least for the moment. What's good for the token though is the community behind it is strong... like really strong. I didn't made some research regarding the project, but I wonder what's the use case of the token.
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Many people I know have heard that it will be listed around the current price. I believe that many people have tried it, and their tokens are still not unlocked, so there is less sell pressure currently. I think that’s why the price is stable enough right now. If many people have unlocked their Pi, it could go down significantly.
Unlocking the PI tokens takes time and the way they unlock it is through "a waitlist". I've also been in the waitlist as well. TBH, I didn't expect that I got that much tokens knowing that I didn't open the app for years. Well, free money is free money at the end of the day.
I guess it's good that their process of unlocking their tokens is through a waitlist and not at once so that the price of PI tokens remains stable at least for the moment. What's good for the token though is the community behind it is strong... like really strong. I didn't made some research regarding the project, but I wonder what's the use case of the token.
I didn`t know this project. Are those PI tokens like an airdrop ? How did you get them?
This project is very new, and it is already 11st in coinmarketcap ranking, impressive.
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Yes, buddy. The tokens were mined on mobile phones started around 2019 and were listed not long ago.
However, many remain skeptical about the price trend, as a some of the portion of the tokens are still locked and have yet to be claimed.
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I’ve read most of the replies here, and I agree it might be best to wait a little longer. Once most of the community has claimed their allocations, we’ll get a clearer picture of whether the project can maintain its strength.
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However, many remain skeptical about the price trend, as a some of the portion of the tokens are still locked and have yet to be claimed.
If you will look at Coinmarketcap, only 7% of the total 100B supply are in circulation. That means there are still many PI tokens that are still locked.
The more these tokens will be unlocked, the more selling pressure it will be in the long term. For sure, those who mined the token for free will sell their tokens immediately to make quick profit. For most of them, they don't see the advantage of holding the token. Yes, there are some places here in our country that accepts PI token as an alternative mode of payment (which for me is ridiculous), but it is what it is.
Like most of them, I'm also skeptical about the price trend, and I don't think that it will hold that price for a long time. At some point, it will drop to below a dollar.
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I've been following Pi since it got listed on several CEXs, and one of the most mind-blowing moments was when the market was dipping yet Pi was among the few tokens that kept pumping.
That means PI is indeed a good project and has a real goal for the future, its vision and mission have been tested and someday it might be even better, but remember when an altcoin is created then a core team definitely wants to make a profit.
When a core team is already profitable then what else are they looking for?
Just be careful in altcoins because altcoins are full of drama, especially if you already have bad feelings towards PI coins.
~snip~
Which brings me to my question how many of us ever guessed that Pi would have such a successful listing?
I was among those who thought that PI would dump because of the total supply of PI coins which is so large around 100,000,000,000, I thought altcoins with a large supply like maybe the price is around 0.02 dollars but in fact PI increased in price and once passed the price of 2 dollars.
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I’ve read most of the replies here, and I agree it might be best to wait a little longer. Once most of the community has claimed their allocations, we’ll get a clearer picture of whether the project can maintain its strength.
You are right, it is too early to determine whether this project will be able to survive or not because there are still many who have not received it and it is still locked so it is not completely clear whether they will be able to maintain it or just stop here, it takes patience to see the next process.
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I get it that many people holding pi are very optimistic, some of them are even so optimistic that people call them delusional. I am not following the news about pi, neither do i know anything about the team behind pi, but it may be a better idea to take profit now that you can.
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I've been following Pi since it got listed on several CEXs, and one of the most mind-blowing moments was when the market was dipping yet Pi was among the few tokens that kept pumping.
I guess that's what you get from a project with a strong community that truly believes in it. Plus, not all tokens are in circulation yet some airdrop claims are still locked, while others haven’t been verified. Many holders are still staking, trading, and participating in events like Candybomb a trading event where you deposit and trade PI, to gain rewards. (https://i.ibb.co/mVrFXWXJ/that-s-it.jpg) (https://ibb.co/67cJ1C1Y)
Which brings me to my question how many of us ever guessed that Pi would have such a successful listing?
PI is the next big thing in the crypto market, I have been mining it since around 2021 or so and at first I saw it to be a potential scam like every other crypto project, well presently all my doubt has been proved wrong coz the project is really making waves in the market. Congratulations to all the holders of PI
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When a project has a good intention and the entire performance over it has been maintained by the developers, then it will retain value and also continue to perform well due to high investors contributing over the market, we still hope that the market is still going to remain better and they maintain it performance for all time, it's one of such coin that is currently trending and rewarding ever since it launch.
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When a project has a good intention and the entire performance over it has been maintained by the developers, then it will retain value and also continue to perform well due to high investors contributing over the market, we still hope that the market is still going to remain better and they maintain it performance for all time, it's one of such coin that is currently trending and rewarding ever since it launch.
No one can tell the future of these memecoins, and is same for PI. I don't have OKX exchange and there's no way for me to monitor the price of PI since that's the only exchange that it was listed. However, it's better for anyone buying PI to invest with an amount that he can afford to lose because these projects can get you burned anytime.
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I get it that many people holding pi are very optimistic, some of them are even so optimistic that people call them delusional. I am not following the news about pi, neither do i know anything about the team behind pi, but it may be a better idea to take profit now that you can.
Before officially release listing at market, many Pi coin network mining most optimistic keep hold their Pi coins assets for longer time and optimism about Pi coin possibility raise most expensive price.
I remember well when Pi miner quote about Pi will raise most expensive than bitcoin and most of them won't sell Pi coins for buyer or seller buy before listing at market. Now Pi have listed at market and most of holder actually disappointed but never loss hope for one day later about their expectation price of Pi will be most expensive.
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You will not get much profit from all these exchange events because a lot of people participate in such events due to which the reward is less. Since there is a lot of hype about the pi network so if you hold pi coin then there is a possibility of getting good profit. However, there was a pi pump when the market was down because pi did not enter the exchange directly. Since there are airdrop hunters in this project so it will be down. Although the pi network has already created a strong community so if all the development activities of the project are correct, then we can get good profits in the future. Before investing, it is important to keep in mind that the hype of such projects is for a very limited time, so sell at the right time during the hype.
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Since there are airdrop hunters in this project so it will be down. Although the pi network has already created a strong community so if all the development activities of the project are correct, then we can get good profits in the future. Before investing, it is important to keep in mind that the hype of such projects is for a very limited time, so sell at the right time during the hype.
I guess the "community" surrounding that project isn't that big, eh?
I mean if they joined the airdrop, and their tokens got unlocked, if they're a big believer of the project, they will hold it, right?
No, and it's because they want to hold a better currency which is either a stablecoin, or just convert it into other better coins like Bitcoin. The community around Pi network sure is big, but the number of participants on their airdrop is that many (since it's free), and most of them will not bother holding the token hence, pushing the price even lower. We've seen it surpassing a dollar a few hours ago, but now it's below that price yet again.
I said it in the past, and I will say it again. PI token is heavily overvalued, and as more tokens will get unlocked (through migration), the more tokens will be sold.
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With the controversy that it is having right now, I'll avoid getting into it and won't be putting some of my money into it. If those folks that have made good money from receiving with its airdrop, that stops there and won't be putting back money into it if that's just me and giving some suggestion to you guys. I'll stop getting into projects that's full of controversy until it's very clear to me on what it stands for.
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With the controversy that it is having right now, I'll avoid getting into it and won't be putting some of my money into it. If those folks that have made good money from receiving with its airdrop, that stops there and won't be putting back money into it if that's just me and giving some suggestion to you guys. I'll stop getting into projects that's full of controversy until it's very clear to me on what it stands for.
Many things about this project are still unclear to us, and of course Picoin is one of the controversial projects in this crypto space, and its maximum supply is so small that I think it is not a strong enough coin to hold.
So I would say those who sold as soon as they got the opportunity did the smart thing. And for those who are still expecting something big from it, I would say that now the circulating supply of PIcoin is only 6.77 billion, think about where its price will be when it starts increasing and goes up to 100 billion. Maybe there is hype, so currently we are seeing the price in a slightly better position, but I don't think it will be good for the long term.
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When a project has a good intention and the entire performance over it has been maintained by the developers, then it will retain value and also continue to perform well due to high investors contributing over the market, we still hope that the market is still going to remain better and they maintain it performance for all time, it's one of such coin that is currently trending and rewarding ever since it launch.
No one can tell the future of these memecoins, and is same for PI. I don't have OKX exchange and there's no way for me to monitor the price of PI since that's the only exchange that it was listed. However, it's better for anyone buying PI to invest with an amount that he can afford to lose because these projects can get you burned anytime.
What you said is something very wise and appropriate for you to say, because what is certain is that we ourselves do not know the existence of PI in the future, because I myself am not sure and there is still no guarantee that this will work or not, but indeed preparing a situation to invest PI with an amount that we can possibly bear the loss that will be suffered is a very good reason to do, before regretting it later
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Die Kryptowährung Pi (PI) hat in den letzten Jahren viel Aufmerksamkeit auf sich gezogen – nicht wegen spektakulärer Börsengänge oder großer Kursgewinne, sondern wegen ihres einzigartigen Ansatzes: Das Mining soll einfach und für jeden zugänglich sein – per Smartphone-App, ohne Stromfresser oder teure Grafikkarten. Doch wie funktioniert Pi genau? Und ist es wirklich zukunftsfähig?
Was ist Pi (PI)?
Pi Network ist ein Blockchain-Projekt, das 2019 von einem Team aus Stanford-Absolventen ins Leben gerufen wurde. Ziel ist es, eine digitale Währung zu schaffen, die nicht nur dezentral, sondern auch energieeffizient und massenkompatibel ist.
Der zentrale Gedanke: Jeder soll Kryptowährungen minen können – ohne technische Hürden.
Wie funktioniert das Mining bei Pi?
Im Gegensatz zu Bitcoin oder Ethereum setzt Pi auf ein neuartiges Konsensmodell, das sich Stellar Consensus Protocol (SCP) nennt. Das bedeutet:
Keine energieintensive Proof-of-Work-Rechenleistung
Keine teure Mining-Hardware
Stattdessen: soziales Vertrauen und Netzwerkverifizierung
Das sogenannte "Mining" bei Pi ist im Kern eher ein Gamification-Modell, bei dem Nutzer täglich durch die App aktiv sein müssen und durch Vertrauensnetzwerke Punkte verdienen. Die App prüft dabei regelmäßig die Aktivität und Interaktionen.
Vorteile von Pi
Niedrige Einstiegshürde: Jeder kann mit einem Smartphone teilnehmen
Energieeffizient: Kein Proof-of-Work, daher umweltfreundlicher
Große Community: Über 35 Millionen Nutzer weltweit (Stand 2024)
Alltagsfreundlich: Einfacher Zugang, auch ohne technische Vorkenntnisse
Ambitioniertes Ökosystem: Ziel ist ein eigener Pi-Marktplatz für reale Produkte und Services
Nachteile und Kritik
Noch kein echter Handel an großen Börsen möglich (Mainnet-Launch ist schrittweise)
Derzeit kein transparenter Preis – Coins haben aktuell nur symbolischen oder internen Wert
Zentralisierungsrisiko: Das Core-Team hat aktuell viel Kontrolle
Fehlende Open-Source-Komponenten: Der Code ist (noch) nicht vollständig öffentlich einsehbar
App-Nutzung & Datenschutz: Kritik an der Datennutzung im Hintergrund
Technisches Fundament
Blockchain-Modell: basiert auf dem Stellar Consensus Protocol (SCP)
Verifizierung über Vertrauen: Teilnehmer erstellen Sicherheitskreise
Mainnet: Seit 2023 schrittweise ausgerollt, zunächst „geschlossen“ (nur innerhalb des Ökosystems)
Ziel: Dezentrale Apps (dApps), Marktplatz und reale Nutzung in Handel & Alltag
Wo steht Pi heute?
Pi befindet sich weiterhin in der Entwicklungsphase, hat aber bereits ein eigenes Mainnet in Betrieb genommen. Die Verifizierung echter Nutzer (KYC) ist ein zentrales Element, um Fake-Accounts zu vermeiden. Noch ist kein offizieller Preis an öffentlichen Börsen handelbar, doch es gibt einen aktiven Schwarzmarkt sowie „IOU“-Varianten auf inoffiziellen Plattformen.
Fazit
Pi Network ist ein interessantes Experiment in Richtung massentauglicher Kryptowährungen. Die Idee, Krypto durch mobile Anwendungen für Millionen zugänglich zu machen, ist spannend – doch aktuell gibt es noch viele offene Fragen hinsichtlich der Dezentralisierung, Preisbildung und tatsächlichen Praxistauglichkeit.
Solange Pi nicht an seriösen Börsen gelistet ist und keine offizielle Bewertung hat, bleibt es ein spekulatives Projekt mit Potenzial, aber auch mit Unsicherheiten.
Weiterführende Infos:
Mehr Details, aktuelle Entwicklungen und technische Hintergründe findest du auf der Pi-Themenseite von Kryptozukunft