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

[bounceback]

Today have good day for Pi Network coins holding because firstly success hit new ATH price since dropping under $0.7 few hours after listing, Pi coins highest price above $2,18 and its most fantastic price and earn much profitable almost x4 for trader or holder buy back Pi coins when dropping around $0.6.
I think have potential in the future for Pi coins will raise more higher price again before have many unlock coins during any miner still not migration yet their Pi coins. Its too risk when have unlock many coins with possibility all miner will sell their Pi coins but if want take risk keep hold it until Pi have good news in the future.

[Cryptsafe]

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

I just feel the team did that intentionally not to migrate any further to reduce the total number in circulation so that there won't be much dump from holders but that does not mean the project would not die if it wanted to. As it stands now the coin is far above $2.5 and doing well. Many accounts are still at a tentative kyc level because the team does not want to migrate any further. It is very painful though and so far people's efforts that they put into mining the coin is just a waste as their coin is yet to be migrated. To me, it just looks somehow like you worked for something and at the end, you just watch and see how people are benefitting from it and you too can not boast of your efforts on it because you were denied access to your rewards for no tangible reasons.

[Alone055]

Today have good day for Pi Network coins holding because firstly success hit new ATH price since dropping under $0.7 few hours after listing, Pi coins highest price above $2,18 and its most fantastic price and earn much profitable almost x4 for trader or holder buy back Pi coins when dropping around $0.6.
I think have potential in the future for Pi coins will raise more higher price again before have many unlock coins during any miner still not migration yet their Pi coins. Its too risk when have unlock many coins with possibility all miner will sell their Pi coins but if want take risk keep hold it until Pi have good news in the future.

The price for PI at the time of writing this is $2.70, and its all-time high is $3, which was hit yesterday, 26th of February.

You are right that those who bought after the listing when the price dropped and held must have gotten good profit by now, but I doubt that many people held onto their coins and I believe most of them must have sold them as soon as it went above their buying price because people at first thought they have made a very big mistake, especially those who bought through OTC deals paying over $1.8 per coin.

Its future is uncertain. Some say that the mining app is still functional, so I'm not really sure what the team is willing to do at this point. Since they have their own network/blockchain, they might try and bring more projects in their ecosystem and gain more attention that way in the future.

[Faisal2202]

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

Yeah $5k is still a good win and I also thought Pi would have at least a rate of $5 after the listing but when I realize the tokenomics and did some research, I realize it will only can hit $2 as the last OTC rate I found was $2.1 and on some groups I heard they are paying even $4 to buy Pi.

If I would have 200 pi my strategy would be to sell all the pi at 2.1 and then buy back at 0,8 as you said in weakend it could touch 2 again and not quite 2 but at least it touched $1.7, double of what it was before.

[bounceback]

Seeing my friend Pi account bit disappointed because most of them earn almost 5k to 10k Pi coins from referral commission but have be gone due their referral still not passed KYC yet.
I think its bad side for downline not talk detail for their referral user for completing KYC and have possibility loss thousand dollar if their referral regarding deadline time not completed KYC yet.
I can't believing most of them loss thousand dollar looking Pi coins price right now have raise above $2,7 and its bad some of referral earn many Pi coin but difficult for verifying KYC document.

[Cryptsafe]

Seeing my friend Pi account bit disappointed because most of them earn almost 5k to 10k Pi coins from referral commission but have be gone due their referral still not passed KYC yet.
I think its bad side for downline not talk detail for their referral user for completing KYC and have possibility loss thousand dollar if their referral regarding deadline time not completed KYC yet.
I can't believing most of them loss thousand dollar looking Pi coins price right now have raise above $2,7 and its bad some of referral earn many Pi coin but difficult for verifying KYC document.

One thing we should know is that when it comes to referrals, it is not all about getting them but following them up and making sure they are all properly educated and enlightened with what you have brought them into. Some do not know what they get into and would not take it seriously because they have not been properly educated about it so they do not bother whether they do it or not this is why you see lots of abandoned Pi accounts because they have no idea what they were into and some can not be that patient like you that introduced them into the system.

It is one thing to get down liners and it is another to follow them up and only those who are into the system would be able to understand how things work for those who have no idea, they see it as a waste of time and it would take one constant followup for them to know what they are into otherwise, you lose them and your rewards attached.

As for PiCoin KYC I process is mared and not as fast as it was expected. Many people till this moment are yet to be verified as a result of the slow space at which the team is verifying accounts. Many have not been migrtaed and are tucked up waiting for migration while some are still in tentative stage which the team hasn't looked into. It is quite disappointing and frustrating after these years of mining.

[Rruchi man]

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

I didn't pay attention to it, but I know people who did and they will be proud of themselves. Five year is a long time to stick to a project, and that kind of commitment for me is mostly for bitcoins.

Congratulations to those who profited from it.

[kai]

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

I see the PI of the migrated coin is around 2367, I think the number is very large, considering the current price of PI coins on the CEX market has exceeded 1.91 dollars.
That means your cousin gets a lot of free money if it is sold now on the CEX market, we calculate:

2367 x 1.91 = 4,520 dollars

Where I live, the number 4,520 dollars is very expensive and can even build a decent house. But I'm not sure about the PI of the coin listed as 2367 whether it has been Withdrawn or not because I heard rumors that the PI of the coin from his wallet is still suspended.

[LogitechMouse]

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

I didn't pay attention to it, but I know people who did and they will be proud of themselves. Five year is a long time to stick to a project, and that kind of commitment for me is mostly for bitcoins.

Congratulations to those who profited from it.

I can't even stick to Bitcoin for more than 5 years. Let alone, a project that has no certainty of success.

I mean many are skeptical including me towards this project. Many thought that this will be a scam project because of how people manage to get it (mining through phone which technically isn't mining BTW). Many forget it already including me, and here I am again, trying to get the PI tokens that I mined for quite some time (that's around 400+ that I will get).

Still, even though I'm skeptical, I still want to congratulate those who made profit from it. Here in our country, many made 6-digits or there might be some out there that made 7 digits, but remained silent.

[bounceback]

I see the PI of the migrated coin is around 2367, I think the number is very large, considering the current price of PI coins on the CEX market has exceeded 1.91 dollars.
That means your cousin gets a lot of free money if it is sold now on the CEX market, we calculate:

2367 x 1.91 = 4,520 dollars

Where I live, the number 4,520 dollars is very expensive and can even build a decent house. But I'm not sure about the PI of the coin listed as 2367 whether it has been Withdrawn or not because I heard rumors that the PI of the coin from his wallet is still suspended.

If sold when Pi reach new ATH price almost $3 OP's cousin earn almost $7k and its most high reward from mining project although for Pi mining take longer time waiting list at market. Seems interested because OP's cousin have earn above 7k Pi coins but left 40% need waiting migration or available deposit to CEX market.
Some pi miner have most faithful keep hold their Pi coins, during last year many buyer buy Pi coins with price under $1 and not interested to sell, but after listing at market Pi success break until $3 although recent stable around 2,1$.

[Gurujebs]

I didn't pay attention to it, but I know people who did and they will be proud of themselves. Five year is a long time to stick to a project, and that kind of commitment for me is mostly for bitcoins.

Congratulations to those who profited from it.

There is something fishy going on about this PI mining that is not been well discuss. The team did their thing before coming to exchange, they know that many people are going to sell their coins and that's why they implemented a kyc and a locking mechanism that has prevented people from selling and that's not good in my opinion.

If you are not booked for KYC, you wouldn't be allow to do KYC and people that lock their coin are not allow to withdraw until least 2027, that's wickedness while the team has their own t hand. This price will fall if all tokens are unluck and what's the benefits of this after waiting for 6 years just to have little to sell.

[Igebotz]

There is something fishy going on about this PI mining that is not been well discuss. The team did their thing before coming to exchange, they know that many people are going to sell their coins and that's why they implemented a kyc and a locking mechanism that has prevented people from selling and that's not good in my opinion.

If you are not booked for KYC, you wouldn't be allow to do KYC and people that lock their coin are not allow to withdraw until least 2027, that's wickedness while the team has their own t hand. This price will fall if all tokens are unluck and what's the benefits of this after waiting for 6 years just to have little to sell.

The lock thing is random, not everyone was locked out, it was only a safe measures to not have every miners dumb the coin on first launch. A year locked is fair for a coin which Mcap is $12.9b I really don't see it dropping less them $1 before next year. BTW deadline grace for KYC extended till Mar 14.2025 for anyone still struggling to submit KYC.

[Wiwo]

There is something fishy going on about this PI mining that is not been well discuss. The team did their thing before coming to exchange, they know that many people are going to sell their coins and that's why they implemented a kyc and a locking mechanism that has prevented people from selling and that's not good in my opinion.

If you are not booked for KYC, you wouldn't be allow to do KYC and people that lock their coin are not allow to withdraw until least 2027, that's wickedness while the team has their own t hand. This price will fall if all tokens are unluck and what's the benefits of this after waiting for 6 years just to have little to sell.

The lock thing is random, not everyone was locked out, it was only a safe measures to not have every miners dumb the coin on first launch. A year locked is fair for a coin which Mcap is $12.9b I really don't see it dropping less them $1 before next year. BTW deadline grace for KYC extended till Mar 14.2025 for anyone still struggling to submit KYC.

I am not a fan of all those lick periods in coin development it makes the whole thing sound as if the project is not confident enough to believe in their coin performance to the point that they have to hold some other coin holders down because of fear of getting dumped when listed.

Many such projects do not end well regarding whether the Mcap is a billion or just a few million.

[Sim_card]

Today have good day for Pi Network coins holding because firstly success hit new ATH price since dropping under $0.7 few hours after listing, Pi coins highest price above $2,18 and its most fantastic price and earn much profitable almost x4 for trader or holder buy back Pi coins when dropping around $0.6.
I think have potential in the future for Pi coins will raise more higher price again before have many unlock coins during any miner still not migration yet their Pi coins. Its too risk when have unlock many coins with possibility all miner will sell their Pi coins but if want take risk keep hold it until Pi have good news in the future.

PI is a shitcoin and the fate of shitcoins has caught up with it. What I mean is that, it will be very difficult for PI to pump to the first price when it was listed in an exchange. A memecoin of $2.18 dumped to $0.6, when do you think the price will reach $2.18 in future. I would advice PI investors to use the amount of money that they can afford to lose because they are gambling. This was how the dev was hyping the coin that it will be the next bitcoin and will be listed for $100 and above.

[bounceback]

PI is a shitcoin and the fate of shitcoins has caught up with it. What I mean is that, it will be very difficult for PI to pump to the first price when it was listed in an exchange. A memecoin of $2.18 dumped to $0.6, when do you think the price will reach $2.18 in future. I would advice PI investors to use the amount of money that they can afford to lose because they are gambling. This was how the dev was hyping the coin that it will be the next bitcoin and will be listed for $100 and above.

Since first time listing at market with higher price around $2 I don't think Pi as shit or meme coins, they have many community as Pi miner although most of them expected Pi will reach most expensive price when first time listing at OKX exchange.
Latest ATH price of Pi coins when success raising to $3 but its not defend for longer time before Pi get correction return back to $1,7. Indeed have many user not unlock yet with their Pi mining coins I don't sure Pi will drop drastically behind most of Pi miner won't sell regarding current price of Pi coins.