What they're saying about PI price.

[DYING_S0UL]

Guys, last week I saw pi price hit $6 in Binance and I was surprised. But many people are still complaining that they have stuck pis in their mining app.

Mine is locked (600+400), and my KYC is still pending after months. Even after the KYC gets approved, it will remain locked for additional 6 months before I can use it. And this is not only me, many users are in the same situation. Some have even locked their coins for 1 or 2 years in the hope of achieving a higher mining speed.

TBH, waiting 6 months wouldn’t be that difficult. However, people are complaining because the team deliberately didn't let them complete their KYC or gave them permission very late. For example, I am one of the earliest users, but even after 2–3 years, they didn’t allow me to complete my KYC. Every time I went to the KYC page, it said, "Slot not available, come back later." You can imagine my frustration.

If they had allowed me to do my KYC a year ago, I wouldn't need to wait an additional 6 months or I could have traded the coins right now. This is the only reason I can think of for people's frustrations.

I'm just guessing that if a cryptocurrency project earns billions of dollars, it should be able to grow rapidly in the future, but if the core team is no longer interested in developing a PI coin, then in the next few weeks the PI coin will also die.

Their team, their blockchain, their core dev everything was unclear from the very beginning. So only time will tell what will happen to the project. Will it survive or die!

[bayu7adi]

I'm just guessing that if a cryptocurrency project earns billions of dollars, it should be able to grow rapidly in the future, but if the core team is no longer interested in developing a PI coin, then in the next few weeks the PI coin will also die.

Their team, their blockchain, their core dev everything was unclear from the very beginning. So only time will tell what will happen to the project. Will it survive or die!

so what is the reason their coins don't look so professional, but get a lot of money? this kind of thing often happens in the crypto world, but from what point of view can a project be categorized as a hype project? this is a bit strange and suspicious...

I even assumed that this PI network seemed to be a special target for whales who wanted to make it hype... seeing the large prizes that some people got, it made me sure that this project looks like another short-term project... it is still in its early stages, so predicting a successful business model seems difficult to happen to PI.

[LogitechMouse]

Actually, I don't really follow the development of the Pi Network project, but after Pi was listed on OKX, this news appeared on my Facebook homepage. When the price was released, it could reach $2, which was very good, but the Pioneers didn't like it because they thought the Pi price would be like the GCV price they wanted.

And that GCV price that they want is $314,159, isn't it?
Delusional, and I feel sorry for them for being ignorant TBH.

Anyway, I'm a bit skeptical about the project despite the fact that I got some tokens from mining (last time I opened the app was around 3-4 years ago that's why it's a mystery why I got tokens still), but the fact that there's a huge community around the project makes it a good project. There are some establishments here in our country that accepts PI as an alternative mode of payment, and there's nothing wrong about because at the end of the day, that's why it's a cryptocurrency at first place because it must be used for payments. As long as there's somebody who wants to receive the token, and someone that will send, it's all good.

[Rubel007]

I'm just guessing that if a cryptocurrency project earns billions of dollars, it should be able to grow rapidly in the future, but if the core team is no longer interested in developing a PI coin, then in the next few weeks the PI coin will also die.

Their team, their blockchain, their core dev everything was unclear from the very beginning. So only time will tell what will happen to the project. Will it survive or die!

so what is the reason their coins don't look so professional, but get a lot of money? this kind of thing often happens in the crypto world, but from what point of view can a project be categorized as a hype project? this is a bit strange and suspicious...

I even assumed that this PI network seemed to be a special target for whales who wanted to make it hype... seeing the large prizes that some people got, it made me sure that this project looks like another short-term project... it is still in its early stages, so predicting a successful business model seems difficult to happen to PI.

I agree with you. Since the creation of this project, there have been various types of reviews. Those who will invest here will invest on what basis? The special attitude that people had towards this coin before is no longer there, which is why it is not possible to get hyped at the moment. Moreover, since the situation of altcoins is not positive, the dream that people had towards the coin is almost over. I do not have much hope for this coin, if the altcoin session starts and if it is hyped, its price may increase slightly. I think those who have high expectations for PI will not get the feedback they deserve.

[MUGNIA]

Snip

It's better that way, I don't think I'm interested in pi, because the current market is unstable and we don't know what will happen in the future, if pi can indeed increase 10 times, that's the fortune of those who believe in pi and stick with it, that's all I think about pi

Yeah those who believe in Pi would actually wants to buy or trade Pi with all means. I am not also sure that Pi could have that potential to do 10x after listing on other exchange and even though the marketcap of Pi is systematics high it does subjected with the reflection of Bitcoin price, and whatever that happens to Bitcoin do influence the entire cryptocurrency market that's why we must watch out to the possibility of the market which would keep price soaring.

pi is included in the memetoken, isn't it, as if it wants to compete with btc, its market capacity is also unclear how much, but if binance accepts this memetoken, binance's criteria are no longer the same as before so that meme tokens like pi can be listed on binance

[Cryptsafe]

Actually, I don't really follow the development of the Pi Network project, but after Pi was listed on OKX, this news appeared on my Facebook homepage. When the price was released, it could reach $2, which was very good, but the Pioneers didn't like it because they thought the Pi price would be like the GCV price they wanted.

And that GCV price that they want is $314,159, isn't it?
Delusional, and I feel sorry for them for being ignorant TBH.

Anyway, I'm a bit skeptical about the project despite the fact that I got some tokens from mining (last time I opened the app was around 3-4 years ago that's why it's a mystery why I got tokens still), but the fact that there's a huge community around the project makes it a good project. There are some establishments here in our country that accepts PI as an alternative mode of payment, and there's nothing wrong about because at the end of the day, that's why it's a cryptocurrency at first place because it must be used for payments. As long as there's somebody who wants to receive the token, and someone that will send, it's all good.

Heheheheh obviously, the GCV is delusional to say and what baffles me most is that the pioneers are just not clear on how the system works they just jump to conclusions and agree to such brainwashing. Even the founder himself knows that is never possible to achieve that Pi will just at first launch hit straight to such an amount, maybe that would be in their dreams and they should continue dreaming as their founder laughs at them. I was surprised it could list at such a price though and I must say that the listing price is quite alright to start with and those who were able to migrate in time must have sold out to make a good profit.

It is true that some Asian vendors  already begun accepting the coin for services which is a good move and that is the sole reason for crypto as an alternative sources of payment for goods and services.

[Vx1]

Actually, I don't really follow the development of the Pi Network project, but after Pi was listed on OKX, this news appeared on my Facebook homepage. When the price was released, it could reach $2, which was very good, but the Pioneers didn't like it because they thought the Pi price would be like the GCV price they wanted.

And that GCV price that they want is $314,159, isn't it?
Delusional, and I feel sorry for them for being ignorant TBH.

Most people who believe in GCV prices are old people and new people in cryptocurrency, it's a pity to see them. But if you tell them they don't want to understand at all, they will deny it with various reasons.