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Author Topic: Pi Network – 5 Years Later, Was My Cousin Right?  (Read 4032 times)

Offline bounceback

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Re: Pi Network – 5 Years Later, Was My Cousin Right?
« Reply #60 on: February 21, 2025, 04:01:22 PM »
Finally Pi coin network already listed at OKX exchange market and not surprising about first time price listing, most of miner have expected with Pi coin network will have expensive price until reach $100 each coins. But must acceptable fact with Pi have much supply and difficult reach to higher price with first time price listing around $2 before dropping drastically under $1.
Its most profitable for Pi miner by selling their before listing at market, recently one or two days left before listing have good price at dark market with buyer price until $3, but most of Pi holder expected will sell higher price until get bad result with Pi price listing $2.

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Re: Pi Network – 5 Years Later, Was My Cousin Right?
« Reply #60 on: February 21, 2025, 04:01:22 PM »

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Offline Faisal2202

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Re: Pi Network – 5 Years Later, Was My Cousin Right?
« Reply #61 on: February 21, 2025, 06:15:32 PM »
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 five years and $5k still worth it because I am into crypto and TBH I don't have this much right now I hope I would have spent some time on this app but I did not big mistake but I might not be able to mine this much token and now I see they have locked people's funds for 1 or 2 years maybe to avoid selling pressure.

Still before the listing of the Pi the rates I was getting good and when it listed, I was hoping it will list above $5 but it followed the maths many influencers I followed showed. My father and my brother had some Pi but they did not feel like selling it as they mined it all these years but they had only few hundred but they were too attached to the coins they don't want to sell it. I did not even convinced them but did share my suggestions.
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Re: Pi Network – 5 Years Later, Was My Cousin Right?
« Reply #61 on: February 21, 2025, 06:15:32 PM »

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Offline Cryptsafe

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Re: Pi Network – 5 Years Later, Was My Cousin Right?
« Reply #62 on: February 21, 2025, 09:49:50 PM »
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 five years and $5k still worth it because I am into crypto and TBH I don't have this much right now I hope I would have spent some time on this app but I did not big mistake but I might not be able to mine this much token and now I see they have locked people's funds for 1 or 2 years maybe to avoid selling pressure.

Still before the listing of the Pi the rates I was getting good and when it listed, I was hoping it will list above $5 but it followed the maths many influencers I followed showed. My father and my brother had some Pi but they did not feel like selling it as they mined it all these years but they had only few hundred but they were too attached to the coins they don't want to sell it. I did not even convinced them but did share my suggestions.

The price dumped so bad and I think it would take a little time to pick up although it listed at a good price which I never thought of because of the total and circulating supply. 
I had known this for long that the gcv they have been glamouring for these past years holds no water because it is unrealistic to say that Pi would list at such a price without any guarantee.

It is good you did suggested to them so that in the future you would not be blamed for whatever out or results they get. Being too attached to an alt like that is very risky and if they had sold, they could have gotten good profit and perhaps buy again now that the price is down to hold or sell again when it goes up again.
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Offline Sim_card

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Re: Pi Network – 5 Years Later, Was My Cousin Right?
« Reply #63 on: February 22, 2025, 03:53:58 PM »
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 five years and $5k still worth it because I am into crypto and TBH I don't have this much right now I hope I would have spent some time on this app but I did not big mistake but I might not be able to mine this much token and now I see they have locked people's funds for 1 or 2 years maybe to avoid selling pressure.

Still before the listing of the Pi the rates I was getting good and when it listed, I was hoping it will list above $5 but it followed the maths many influencers I followed showed. My father and my brother had some Pi but they did not feel like selling it as they mined it all these years but they had only few hundred but they were too attached to the coins they don't want to sell it. I did not even convinced them but did share my suggestions.
Tell them to sell their PI coins now that the price is still more valuable because, the price will continue dip. This is how new listed coins do behave and Pi is not different. The ones that my younger bro mined, was locked and he has no access to it. I feel this project scammed their airdrop participants for locking up their accounts.

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Re: Pi Network – 5 Years Later, Was My Cousin Right?
« Reply #64 on: February 22, 2025, 05:40:27 PM »
Tell them to sell their PI coins now that the price is still more valuable because, the price will continue dip. This is how new listed coins do behave and Pi is not different. The ones that my younger bro mined, was locked and he has no access to it. I feel this project scammed their airdrop participants for locking up their accounts.
Since dropping under $0,6 last few hours ago, Pi coin show good progress significant pumping and success raise above $1,7, I think worth it buy back Pi when dropping to lower price indeed many bad news how many user not sell yet their Pi coins from mining.
Some airdrop participants or Pi miner still not get their coins due unlock from several months later or one until two years later, I think its good side for Pi keep stable for raising to higher price and opportunity will hit above $10.

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Re: Pi Network – 5 Years Later, Was My Cousin Right?
« Reply #65 on: February 22, 2025, 06:00:19 PM »
Since dropping under $0,6 last few hours ago, Pi coin show good progress significant pumping and success raise above $1,7, I think worth it buy back Pi when dropping to lower price indeed many bad news how many user not sell yet their Pi coins from mining.
Some airdrop participants or Pi miner still not get their coins due unlock from several months later or one until two years later, I think its good side for Pi keep stable for raising to higher price and opportunity will hit above $10.

I don't quite understand the valuation of PI Coin. I get it that many coins were locked for years like I have a friend who lock his PI coin till 2028 but 100b supply at this price is very ridiculous, even if the price get below where it traded right now, the valuation is very big if we even compared the use case of the product PI coin have to offer.

I think it's because we are now in a bull run that's why we see coins have huge price and as a start it's not healthy for a new projects to have big valuation, it will dump quickly and may take time like years to go back there again.
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Re: Pi Network – 5 Years Later, Was My Cousin Right?
« Reply #66 on: February 22, 2025, 06:06:05 PM »
~
87 cents on OKX, so unless the founders blow a part of their profit to pump it up above 1 or 2 for a while to keep the hype I see this going down just like Melania or Hamster.
$pi is a proper project with long-term investors, not some random meme nonsense like Malania; I don't think it will dip as much as I initially feared given the overall market condition.

I rather think of pi as a coin with a lot of trapped investors, people who have put a ton of time and even money into it and they simply can't get out of this, and as expected after the initial dump we have a pump on x/3 the training volume, this right before they are"trying" to find a solution for a lot of people that can't actually sell their coins without a dex.

If they had done this three months ago they could have found enough liquidity in the booming markets to keep this going, as things are now I don't see it being able to keep the price for too long.


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Re: Pi Network – 5 Years Later, Was My Cousin Right?
« Reply #66 on: February 22, 2025, 06:06:05 PM »


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Re: Pi Network – 5 Years Later, Was My Cousin Right?
« Reply #67 on: February 22, 2025, 09:12:05 PM »
~
87 cents on OKX, so unless the founders blow a part of their profit to pump it up above 1 or 2 for a while to keep the hype I see this going down just like Melania or Hamster.
$pi is a proper project with long-term investors, not some random meme nonsense like Malania; I don't think it will dip as much as I initially feared given the overall market condition.

I rather think of pi as a coin with a lot of trapped investors, people who have put a ton of time and even money into it and they simply can't get out of this, and as expected after the initial dump we have a pump on x/3 the training volume, this right before they are"trying" to find a solution for a lot of people that can't actually sell their coins without a dex.

If they had done this three months ago they could have found enough liquidity in the booming markets to keep this going, as things are now I don't see it being able to keep the price for too long.

Currently, the price is up and I think it will do much better since the rumor of the team locking some coins not migrated by the owners. It is not good of them to have done that and people who have spent years mining their coin and have not been migrated and are still waiting for the team to do the needful in migrating them  but they end up locking their coin for some years which is not making any sense at all.

Already, some people sold their coin in black market before the listing which they never regretted doing so because they feel anything can happen and so in other not to be caught in the web, they sold out in black market while some stopped the whole stuff because of the team consistent postponement of the mainnet consistently.
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Re: Pi Network – 5 Years Later, Was My Cousin Right?
« Reply #68 on: February 22, 2025, 09:17:04 PM »
~
87 cents on OKX, so unless the founders blow a part of their profit to pump it up above 1 or 2 for a while to keep the hype I see this going down just like Melania or Hamster.
$pi is a proper project with long-term investors, not some random meme nonsense like Malania; I don't think it will dip as much as I initially feared given the overall market condition.

I rather think of pi as a coin with a lot of trapped investors, people who have put a ton of time and even money into it and they simply can't get out of this, and as expected after the initial dump we have a pump on x/3 the training volume, this right before they are"trying" to find a solution for a lot of people that can't actually sell their coins without a dex.

If they had done this three months ago they could have found enough liquidity in the booming markets to keep this going, as things are now I don't see it being able to keep the price for too long.

Currently, the price is up and I think it will do much better since the rumor of the team locking some coins not migrated by the owners. It is not good of them to have done that and people who have spent years mining their coin and have not been migrated and are still waiting for the team to do the needful in migrating them  but they end up locking their coin for some years which is not making any sense at all.

Already, some people sold their coin in black market before the listing which they never regretted doing so because they feel anything can happen and so in other not to be caught in the web, they sold out in black market while some stopped the whole stuff because of the team consistent postponement of the mainnet consistently.

There are still people who hasn't move their coins to mainnet that's what I've read on their chat. I know some users who have been mining since which they said their coins are still in the PI mining app and not even seeing the day where they could move their coins to a new wallet.

Sad to see they have been waiting and their hopes are way high to make a huge profit from it but they are not able to run their mining app anymore.

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Re: Pi Network – 5 Years Later, Was My Cousin Right?
« Reply #69 on: February 25, 2025, 05:48:41 PM »
There are still people who hasn't move their coins to mainnet that's what I've read on their chat. I know some users who have been mining since which they said their coins are still in the PI mining app and not even seeing the day where they could move their coins to a new wallet.

Sad to see they have been waiting and their hopes are way high to make a huge profit from it but they are not able to run their mining app anymore.

A friend told me a few days ago that his account still shows tentative kyc verification which means they are yet to properly verify his account and till they do verify his account, he will not be migrated. It is unfortunate that after all these years of mining and having expectations on PiCoin, they disappointed him and he has a good reasonable volume of the coin to say which runs into thousands of dollars if he is migrated and first phase unlocked for him.He was very annoyed and told me the team has dashed his hope as he was hoping to use the benefits to sort out things for himself and his family.
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Offline Gentlord

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Re: Pi Network – 5 Years Later, Was My Cousin Right?
« Reply #70 on: February 25, 2025, 06:15:02 PM »
Finally Pi coin network already listed at OKX exchange market and not surprising about first time price listing, most of miner have expected with Pi coin network will have expensive price until reach $100 each coins. But must acceptable fact with Pi have much supply and difficult reach to higher price with first time price listing around $2 before dropping drastically under $1.
Its most profitable for Pi miner by selling their before listing at market, recently one or two days left before listing have good price at dark market with buyer price until $3, but most of Pi holder expected will sell higher price until get bad result with Pi price listing $2.
Yep, the expectations vs. reality hit hard for some. 😂 A lot of people thought Pi would open at $100+, but once those sell orders started flooding in, reality set in. Still, Pi held up better than most new listings, and now it’s finding its price. Plus, BG traders saw $3.4 ATH, and with the $150K Pi Candybomb giveaway, there’s still plenty of action left hopefully

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Re: Pi Network – 5 Years Later, Was My Cousin Right?
« Reply #71 on: February 25, 2025, 06:18:36 PM »
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 five years and $5k still worth it because I am into crypto and TBH I don't have this much right now I hope I would have spent some time on this app but I did not big mistake but I might not be able to mine this much token and now I see they have locked people's funds for 1 or 2 years maybe to avoid selling pressure.

Still before the listing of the Pi the rates I was getting good and when it listed, I was hoping it will list above $5 but it followed the maths many influencers I followed showed. My father and my brother had some Pi but they did not feel like selling it as they mined it all these years but they had only few hundred but they were too attached to the coins they don't want to sell it. I did not even convinced them but did share my suggestions.
Yeah, five years and $5K is still a solid win, considering it was just tapping a button daily. 😂 Not everyone made it that far. The pre-listing OTC rates had people thinking $5+ was guaranteed, but once the sell pressure hit, the market did its thing. Honestly, holding or selling is a personal choice, your dad and brother probably see Pi as a long-term play, and if the ecosystem keeps growing, they might not be wrong. Let’s see how this plays out, looks like it’s gonna hit $2 by weekend

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Re: Pi Network – 5 Years Later, Was My Cousin Right?
« Reply #72 on: February 25, 2025, 06:21:35 PM »
There are still people who hasn't move their coins to mainnet that's what I've read on their chat. I know some users who have been mining since which they said their coins are still in the PI mining app and not even seeing the day where they could move their coins to a new wallet.

Sad to see they have been waiting and their hopes are way high to make a huge profit from it but they are not able to run their mining app anymore.

A friend told me a few days ago that his account still shows tentative kyc verification which means they are yet to properly verify his account and till they do verify his account, he will not be migrated. It is unfortunate that after all these years of mining and having expectations on PiCoin, they disappointed him and he has a good reasonable volume of the coin to say which runs into thousands of dollars if he is migrated and first phase unlocked for him.He was very annoyed and told me the team has dashed his hope as he was hoping to use the benefits to sort out things for himself and his family.
This would have been so painful ; someone showed me how to get verified early . Once kyc done , save seed phrase then log out & log in , your coins will all be migrated . The issue was the locking period ; but I can teach him how to reduce the number of days to be unlocked

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Re: Pi Network – 5 Years Later, Was My Cousin Right?
« Reply #73 on: February 26, 2025, 02:17:09 AM »
Finally Pi coin network already listed at OKX exchange market and not surprising about first time price listing, most of miner have expected with Pi coin network will have expensive price until reach $100 each coins. But must acceptable fact with Pi have much supply and difficult reach to higher price with first time price listing around $2 before dropping drastically under $1.
Its most profitable for Pi miner by selling their before listing at market, recently one or two days left before listing have good price at dark market with buyer price until $3, but most of Pi holder expected will sell higher price until get bad result with Pi price listing $2.
Yep, the expectations vs. reality hit hard for some. 😂 A lot of people thought Pi would open at $100+, but once those sell orders started flooding in, reality set in. Still, Pi held up better than most new listings, and now it’s finding its price. Plus, BG traders saw $3.4 ATH, and with the $150K Pi Candybomb giveaway, there’s still plenty of action left hopefully
I think there’s always talk about what the price could be because everyone has always been able to assume so far, so it’s natural that high expectations don’t necessarily match reality.
Hopefully, the hard work that has been done over a long period of time can be well rewarded, but you also have to be prepared that there’s a chance the price will be far from what was expected and that’s normal.
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Re: Pi Network – 5 Years Later, Was My Cousin Right?
« Reply #74 on: February 26, 2025, 03:44:31 PM »
Finally Pi coin network already listed at OKX exchange market and not surprising about first time price listing, most of miner have expected with Pi coin network will have expensive price until reach $100 each coins. But must acceptable fact with Pi have much supply and difficult reach to higher price with first time price listing around $2 before dropping drastically under $1.
Its most profitable for Pi miner by selling their before listing at market, recently one or two days left before listing have good price at dark market with buyer price until $3, but most of Pi holder expected will sell higher price until get bad result with Pi price listing $2.
Yep, the expectations vs. reality hit hard for some. 😂 A lot of people thought Pi would open at $100+, but once those sell orders started flooding in, reality set in. Still, Pi held up better than most new listings, and now it’s finding its price. Plus, BG traders saw $3.4 ATH, and with the $150K Pi Candybomb giveaway, there’s still plenty of action left hopefully
I think there’s always talk about what the price could be because everyone has always been able to assume so far, so it’s natural that high expectations don’t necessarily match reality.
Hopefully, the hard work that has been done over a long period of time can be well rewarded, but you also have to be prepared that there’s a chance the price will be far from what was expected and that’s normal.
Their expectations are very unrealistic. PI has 10b supply with a 22FDV, if the price will reach $100 it should be next to Bitcoin.
So do they think that this PI will surpass Eth and Sol?
Very unrealistic but who knows. For me, the current price of PI is very high, I didn't expect that it will reach to this price. So instead of expecting to high, we should be thankful that we get at this point where our efforts were not wasted.

 

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