Pi Network – 5 Years Later, Was My Cousin Right?

[Gentlord]

When I started mining Pi back in 2019, I didn’t even know much about crypto. My cousin who thought he was the next Satoshi told me, “Bro, take this seriously, you’re gonna be RICH!” And that was all the motivation I needed. Every day, I tapped that button like my future depended on it.

But let’s be real… five years is a long time to keep mining something that hasn’t officially listed. Over the years, I saw price speculations flying around $350 per Pi, $1000, $10 everyone had their own prediction. Meanwhile, some people were already trading Pi unofficially, bartering for goods and even doing OTC deals. I kept mining, but every time I got tired, I remembered my cousin’s words and kept going.

Fast forward to today, my balance stands at 7,886 Pi, but only 2,367 Pi has migrated to Mainnet. The rest? Stuck in KYC waiting hell. Some people got through easily, others are still refreshing their apps daily. And here we are in 2025, still waiting for Open Mainnet to finally launch.

So, what’s next? If Pi actually lists, will it be worth the wait? Have called home already lol
[nofollow]

[MrSpasybo]

When I started mining Pi back in 2019, I didn’t even know much about crypto. My cousin who thought he was the next Satoshi told me, “Bro, take this seriously, you’re gonna be RICH!” And that was all the motivation I needed. Every day, I tapped that button like my future depended on it.

But let’s be real… five years is a long time to keep mining something that hasn’t officially listed. Over the years, I saw price speculations flying around $350 per Pi, $1000, $10 everyone had their own prediction. Meanwhile, some people were already trading Pi unofficially, bartering for goods and even doing OTC deals. I kept mining, but every time I got tired, I remembered my cousin’s words and kept going.

Fast forward to today, my balance stands at 7,886 Pi, but only 2,367 Pi has migrated to Mainnet. The rest? Stuck in KYC waiting hell. Some people got through easily, others are still refreshing their apps daily. And here we are in 2025, still waiting for Open Mainnet to finally launch.

Well, I am not a Pi fan so it is difficult for me to fully support it. I have tried to learn a little bit because I know it has a very large community in many countries around the world, including Vietnam, however, I have not found anything truly attractive or convincing enough for me to expect or be willing to invest in Pi.

I hope you will be able to profit from Pi in the future after its blockchain is fully operational and serves the needs of users. In case it is truly successful, this will be a big step for the application of blockchain technology in life. For now, I choose to do nothing but follow the news about Pi.

[joniboini]

Unfortunately, we know as much as you do. But even if your cousin is wrong, you need to understand that regardless of what coins you choose there will always be a risk. You can say the same with Ethereum in its early days. I'm wondering why you go as far as sticking to Pi instead of looking for other alts (if you haven't done that already). Is it really because you trust your cousin's word? I find it hard to imagine I'm willing to go that far to stick with one coin, especially after 5 years of earning nothing at all. CMIIW.

[bhadz]

People need to assume not that much. Look at the tokenomics and basic info about the pi coin. The total supply and how much it has got. If it assumes by the time it is launched that it has $100M in market cap, you do all the math on how much it will be per coin. It is too much to think that just because it is named as PI, the value shall go with $314. I won't be surprise and it is fine to see $3.14 but not hundreds.

[Stompix]

But let’s be real… five years is a long time to keep mining something that hasn’t officially listed. Over the years, I saw price speculations flying around $350 per Pi, $1000, $10 everyone had their own prediction.

There are 5 billion coins, a $1000 valuation for a coin would make them twice and a half more valuable than Bitcoin.
Since most would want to sell early, I wonder now how 5 trillion would be available but 5 billion.

It's going to make you some money if you catch the first wave but if I could do it I would short the hell out of this coin on its launch.


 

[Report]

Same with me, but I have a real-world coworker who used to just casually follow the PI Network event, as far as I know he also said he had updated his PI Network wallet several times until he changed his smartphone.
As far as I remember, PI Network also requires KYC for validation, if I'm not mistaken. Unfortunately, he did not provide information on how much PI Network coin balance was in his wallet because maybe he was also protecting his privacy, but I definitely remember him often saying he had updated his wallet for PI Network coins several times.

[Akinwale Akinkunmi]

When I started mining Pi back in 2019, I didn’t even know much about crypto. My cousin who thought he was the next Satoshi told me, “Bro, take this seriously, you’re gonna be RICH!” And that was all the motivation I needed. Every day, I tapped that button like my future depended on it.

But let’s be real… five years is a long time to keep mining something that hasn’t officially listed. Over the years, I saw price speculations flying around $350 per Pi, $1000, $10 everyone had their own prediction. Meanwhile, some people were already trading Pi unofficially, bartering for goods and even doing OTC deals. I kept mining, but every time I got tired, I remembered my cousin’s words and kept going.

Fast forward to today, my balance stands at 7,886 Pi, but only 2,367 Pi has migrated to Mainnet. The rest? Stuck in KYC waiting hell. Some people got through easily, others are still refreshing their apps daily. And here we are in 2025, still waiting for Open Mainnet to finally launch.

Well, I am not a Pi fan so it is difficult for me to fully support it. I have tried to learn a little bit because I know it has a very large community in many countries around the world, including Vietnam, however, I have not found anything truly attractive or convincing enough for me to expect or be willing to invest in Pi.

I hope you will be able to profit from Pi in the future after its blockchain is fully operational and serves the needs of users. In case it is truly successful, this will be a big step for the application of blockchain technology in life. For now, I choose to do nothing but follow the news about Pi.

Hey, I get where you’re coming from—Pi can feel like a bit of a mystery box, especially with all the uncertainty around its future and the lack of real updates so far. The fact that you’ve still taken the time to learn about it and keep up with the news shows you’ve got an open mind, which is a great trait to have in the wild world of crypto. 
Also talking about Pi’s massive global community, it is one of its most interesting features. But without a fully functional blockchain or clear real-world use, it’s tough to see the appeal for some folks. Blockchain tech shines when it’s solving actual problems, and until Pi can show it’s got something concrete to offer, skepticism is fair. Binance refused to list it, OKX is in, Bitget with assurance is also in, but Bybit is out. What could be wrong?
Fingers crossed for everyone who’s been mining Pi and holding onto hope—it’d be awesome to see their patience pay off.

[TomPluz]

I am also mining Pi but I just managed to get around 600 all because I lost the phone where I originally mined this coin. I am not actually looking forward to see its price go beyond $1...not unless the whole world will turn blind and people will be buying Pi at $1000 as if there is no tomorrow. Pi is one big hell of a project I could not understand well...why it took them so many years to finally built whatever it is they wanted to build in the first place. Now, once Pi will be listed and be openly traded there can be one of the biggest DUMP ever to happen...maybe Pi will be indeed be making a big history but not in a nice way. Don't get me wrong...am still wishing it the best maybe even to surpass the price of Bitcoin is possible. Who knows it can be Pi we are looking for in the next five years.

[taufik123]

I am also mining Pi but I just managed to get around 600 all because I lost the phone where I originally mined this coin. I am not actually looking forward to see its price go beyond $1...not unless the whole world will turn blind and people will be buying Pi at $1000 as if there is no tomorrow. Pi is one big hell of a project I could not understand well...why it took them so many years to finally built whatever it is they wanted to build in the first place. Now, once Pi will be listed and be openly traded there can be one of the biggest DUMP ever to happen...maybe Pi will be indeed be making a big history but not in a nice way. Don't get me wrong...am still wishing it the best maybe even to surpass the price of Bitcoin is possible. Who knows it can be Pi we are looking for in the next five years.

LOL, beyond the price of Bitcoin, don't assume too much like the PI followers who are even easily manipulated and brainwashed in the hope that the price of PI will be equivalent to $314,000, it's really nonsense that I always hear from PI members who don't even know what crypto is.

Now when it is scheduled to be listed on the exchange, some of them do not agree because it will only be a big dump and the price will certainly be very cheap.

Don't expect to be $1, it will only be ruthlessly thrown away when many buyers will be preparing to sell it all.
Years and finally listed on major exchanges, but it was doubtful and certainly not as they wanted.

I hope that the brainwashing of PI members will end with their listing on the Exchange on the 20th,
and no more hopes that are too impossible to achieve.

[JoyMarsha]

I was taught about the mining of Pi in the early days by a friend. I withdrew from it when I found out it was not launching any time soon.

Learning about it, at the price it will launch to, if it will, makes me feel somehow about it. But I am no longer worried about it since I have achieved a lot from the crypto space(financial aspect), and I  have a diversified investment in Bitcoin and altcoins, hoping for the market to soar this year.

[Z-tight]

Lol, i have many friends who mined this coin, i don't want to be pessimistic, but the chances that you are getting rich through this is so so slim. Everyone who owns Pi believes they are going to get rich through it, even my friends, we will see what happens if it is ever listed.

[LogitechMouse]

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Well, I am not a Pi fan so it is difficult for me to fully support it. I have tried to learn a little bit because I know it has a very large community in many countries around the world, including Vietnam, however, I have not found anything truly attractive or convincing enough for me to expect or be willing to invest in Pi.

I hope you will be able to profit from Pi in the future after its blockchain is fully operational and serves the needs of users. In case it is truly successful, this will be a big step for the application of blockchain technology in life. For now, I choose to do nothing but follow the news about Pi.

Here in our country (Philippines), many are delusional with that project that there are many establishments that are already accepting PI tokens as a mode of payment since 2023 or even earlier. What's even worse is that there are many thinking that 1 PI = $314,159 because of the equivalent value of PI in mathematics. Delusional at its peak if you will ask me.

Many are saying that the project is a scam (even in the other forum), but now that it got listed on OKX, maybe there are some that will change their mindset regarding the project, but I don't see any reason as well why I need to invest into something that will be dumped by so many people who mined the token using their phone. Not a PI fan, and if there will be somebody who will make money from it then that's good. The only bad thing about this is that the community is somewhat expecting too much about the project, and I hope that they will not be disappointed when they see the price of PI token being at 1 cent only.

Still, I will not follow the project.

[Zed0X]

I never thought about trying to 'mine' when I first heard about it years ago. It seems a lot of exchanges are still strongly refusing to list it years after it was first launched. What I also find funny is how aggressive their 'supporters' are when something negative news about them appears. Anyway, goodluck to everyone caught up in this. You will soon have a chance to offload on OKX. Goodluck to the exchange as well.

[Stompix]

I wonder why so many still say "mining".
There was no mining, Pi was just a faucet and nothing more, what would you even mine with that app.

Anyhow, found this quite recent article about it:
https://www.ccn.com/analysis/crypto/pi-network-legit-scam-data-harvest-ad-network/
seems it's worse than I thought.

[Cryptsafe]

There have been lots of rumors about the Pi coin right from when I heard it till this moment, I have lots of friends mining the coin and they are patiently waiting for the listing on the 20th of this month but before then, people have started trading their PI (trade by barter) ie exchanging Pi for goods and services for quite some time now and I even heard that some Asian traders accept it for goods and services payment. Let us watch and see how it goes upon their listing if the rumored GCV will truly  be adopted or if it's just a rumor to confuse the Picoin holders and community at large.