Can Pi Network help the crypto market recover from difficulties?

[Gurujebs]

As far as I know, KYC is a requirement for coin migration and has been publicized since the project launch.
KYC is an important step to verify user identity and only legitimate users can migrate their Pi balances.
If we carefully perform the KYC steps as prescribed, within a day the KYC will be approved. At least that's what happened to me.
I have also migrated, 75% of my coins have been migrated, while the rest are still locked. Now, I'm waiting for the second migration.

I think those that did KYC and migrated before coin launch were lucky, the people that came after coin launch for coin migration are the ones stuck in the kyc verification as they couldn't do anything after and the PI coin team has left them hanging probably because they don't want the price to dump but it will be fair to allow them have access like other people.

I'm just looking at the piece of PI where it's currently and the thought of OM came to mind, the price collapsed last 2 weeks after some market makers dump coins on them and did -99%, I hope that doesn't occur to PI coin later with this high valuation.

[koang]

As far as I know, KYC is a requirement for coin migration and has been publicized since the project launch.
KYC is an important step to verify user identity and only legitimate users can migrate their Pi balances.
If we carefully perform the KYC steps as prescribed, within a day the KYC will be approved. At least that's what happened to me.
I have also migrated, 75% of my coins have been migrated, while the rest are still locked. Now, I'm waiting for the second migration.

I think those that did KYC and migrated before coin launch were lucky, the people that came after coin launch for coin migration are the ones stuck in the kyc verification as they couldn't do anything after and the PI coin team has left them hanging probably because they don't want the price to dump but it will be fair to allow them have access like other people.

I'm just looking at the piece of PI where it's currently and the thought of OM came to mind, the price collapsed last 2 weeks after some market makers dump coins on them and did -99%, I hope that doesn't occur to PI coin later with this high valuation.

If you have been a validator, then you must have noticed that so many pioneers are not serious, most of them complaining are either trying to cheat the system or not doing the appropriate thing.
Most people use the wrong ID and fabricated videos how do they want to be verified?
People who have done everything right, have passed KYC, and are waiting for migration, they don't have to worry, just wait. Do the right thing (no fraud) and wait.

There were a lot of doubts about this project ever since it was launched but PI is still going strong and the price when it was first listed didn't disappoint either. I wouldn't say that this project is a sure success and it won't be like OM. The crypto space is always full of surprises. DYOR

[Alone055]

I think those that did KYC and migrated before coin launch were lucky, the people that came after coin launch for coin migration are the ones stuck in the kyc verification as they couldn't do anything after and the PI coin team has left them hanging probably because they don't want the price to dump but it will be fair to allow them have access like other people.

I'm just looking at the piece of PI where it's currently and the thought of OM came to mind, the price collapsed last 2 weeks after some market makers dump coins on them and did -99%, I hope that doesn't occur to PI coin later with this high valuation.

Those who managed to complete their KYC verification before the coin got listed also got lucky because the price of PI coin peaked and hit $3 once after a few days of its listing. Those who had their coins unlocked must have used that opportunity to sell their coins and get good profit or a good value for their coins since they got them for free. However, those who couldn't complete their KYC on time and are still struggling with it are unlucky because the price of PI has dropped significantly since then.

The current price of PI is around $0.65 or something, and that's 4x lower than its all-time high, so you can imagine how big of a loss it is for those who are still waiting to complete their KYC verification and get their coins migrated to the mainnet.

Now, those who couldn't sell their coins higher will either have to accept the current price or wait and hope that the price goes up again in the future.

[milewilda]

I think those that did KYC and migrated before coin launch were lucky, the people that came after coin launch for coin migration are the ones stuck in the kyc verification as they couldn't do anything after and the PI coin team has left them hanging probably because they don't want the price to dump but it will be fair to allow them have access like other people.

I'm just looking at the piece of PI where it's currently and the thought of OM came to mind, the price collapsed last 2 weeks after some market makers dump coins on them and did -99%, I hope that doesn't occur to PI coin later with this high valuation.

Those who managed to complete their KYC verification before the coin got listed also got lucky because the price of PI coin peaked and hit $3 once after a few days of its listing. Those who had their coins unlocked must have used that opportunity to sell their coins and get good profit or a good value for their coins since they got them for free. However, those who couldn't complete their KYC on time and are still struggling with it are unlucky because the price of PI has dropped significantly since then.

The current price of PI is around $0.65 or something, and that's 4x lower than its all-time high, so you can imagine how big of a loss it is for those who are still waiting to complete their KYC verification and get their coins migrated to the mainnet.

Now, those who couldn't sell their coins higher will either have to accept the current price or wait and hope that the price goes up again in the future.

The lucky ones are to those who had been continuing on mining since 2020 i think until into the time or moment that they do get listed or simply into those pioneers. To those who are actively made out some KYC early then they dont have any issues as their coins directly been that released in compared into those who have been locked until 2027-2028. lol
No one really that anticipated for this project to push through on which there are tons of people who have been keep on saying that this is a scam coin. We cant be able to make out such generalization or conclusion because just like on what happened to PI on which it did end up on having a value and to those who have been that lucky to keep on mining and dealing up with it did really made out that huge amount of free money.

[kai]

I have a friend who has been loyal to PI coin for a long time, maybe since the first release of information about PI coin but he had an obstacle, namely with KYC.
In the second point it also says that if you pass KYC, your coins can be migrated and the bonus can also be disbursed.
Are you also doubtful about this second point??
I think I doubt it because this second point is like a trick from the PI core team to delay coin distribution.

....
If we carefully perform the KYC steps as prescribed, within a day the KYC will be approved. At least that's what happened to me.

Are you serious that KYC can be approved in just 1 day?
If true, I will refer your post to the Indonesian subforum when there is a topic discussing PI Coin.

I have also migrated, 75% of my coins have been migrated, while the rest are still locked. Now, I'm waiting for the second migration.

Well, you are very lucky to have up to 75% migrated and it can definitely be sold on a centralized market like Binance, right?

[Mr. Magkaisa]

I think those that did KYC and migrated before coin launch were lucky, the people that came after coin launch for coin migration are the ones stuck in the kyc verification as they couldn't do anything after and the PI coin team has left them hanging probably because they don't want the price to dump but it will be fair to allow them have access like other people.

I'm just looking at the piece of PI where it's currently and the thought of OM came to mind, the price collapsed last 2 weeks after some market makers dump coins on them and did -99%, I hope that doesn't occur to PI coin later with this high valuation.

Those who managed to complete their KYC verification before the coin got listed also got lucky because the price of PI coin peaked and hit $3 once after a few days of its listing. Those who had their coins unlocked must have used that opportunity to sell their coins and get good profit or a good value for their coins since they got them for free. However, those who couldn't complete their KYC on time and are still struggling with it are unlucky because the price of PI has dropped significantly since then.

The current price of PI is around $0.65 or something, and that's 4x lower than its all-time high, so you can imagine how big of a loss it is for those who are still waiting to complete their KYC verification and get their coins migrated to the mainnet.

Now, those who couldn't sell their coins higher will either have to accept the current price or wait and hope that the price goes up again in the future.

The lucky ones are to those who had been continuing on mining since 2020 i think until into the time or moment that they do get listed or simply into those pioneers. To those who are actively made out some KYC early then they dont have any issues as their coins directly been that released in compared into those who have been locked until 2027-2028. lol
No one really that anticipated for this project to push through on which there are tons of people who have been keep on saying that this is a scam coin. We cant be able to make out such generalization or conclusion because just like on what happened to PI on which it did end up on having a value and to those who have been that lucky to keep on mining and dealing up with it did really made out that huge amount of free money.

      -   Yes, that's the lucky one, think about it, they've been mining pi for 6 years, maybe they didn't expect it anymore, they just let it go and maybe just peeked at the updates of what they were doing. Then they were able to migrate smoothly and without any problems, which is really a win.

But of course, even for others who are still in the ongoing process, they also managed to harvest the time and effort they spent waiting, even though I didn't catch up and I didn't get to see it, at least some of our countrymen were happy to get earnings from crypto.

[Sim_card]

I think those that did KYC and migrated before coin launch were lucky, the people that came after coin launch for coin migration are the ones stuck in the kyc verification as they couldn't do anything after and the PI coin team has left them hanging probably because they don't want the price to dump but it will be fair to allow them have access like other people.

I'm just looking at the piece of PI where it's currently and the thought of OM came to mind, the price collapsed last 2 weeks after some market makers dump coins on them and did -99%, I hope that doesn't occur to PI coin later with this high valuation.

Those who managed to complete their KYC verification before the coin got listed also got lucky because the price of PI coin peaked and hit $3 once after a few days of its listing. Those who had their coins unlocked must have used that opportunity to sell their coins and get good profit or a good value for their coins since they got them for free. However, those who couldn't complete their KYC on time and are still struggling with it are unlucky because the price of PI has dropped significantly since then.

The current price of PI is around $0.65 or something, and that's 4x lower than its all-time high, so you can imagine how big of a loss it is for those who are still waiting to complete their KYC verification and get their coins migrated to the mainnet.

Now, those who couldn't sell their coins higher will either have to accept the current price or wait and hope that the price goes up again in the future.

The lucky ones are to those who had been continuing on mining since 2020 i think until into the time or moment that they do get listed or simply into those pioneers. To those who are actively made out some KYC early then they dont have any issues as their coins directly been that released in compared into those who have been locked until 2027-2028. lol
No one really that anticipated for this project to push through on which there are tons of people who have been keep on saying that this is a scam coin. We cant be able to make out such generalization or conclusion because just like on what happened to PI on which it did end up on having a value and to those who have been that lucky to keep on mining and dealing up with it did really made out that huge amount of free money.

      -   Yes, that's the lucky one, think about it, they've been mining pi for 6 years, maybe they didn't expect it anymore, they just let it go and maybe just peeked at the updates of what they were doing. Then they were able to migrate smoothly and without any problems, which is really a win.

But of course, even for others who are still in the ongoing process, they also managed to harvest the time and effort they spent waiting, even though I didn't catch up and I didn't get to see it, at least some of our countrymen were happy to get earnings from crypto.

PI only gave access to old miners with little in their portfolio. Most of the new people who joined the airdrop was only able to mine little too. Majority of old time miners PI was locked and wasn't paid for because they didn't have access to it and transfer to the main net.

[koang]

Are you serious that KYC can be approved in just 1 day?
If true, I will refer your post to the Indonesian subforum when there is a topic discussing PI Coin.

Well, you are very lucky to have up to 75% migrated and it can definitely be sold on a centralized market like Binance, right?

Yes, it's true. I've been mining PI since 2019 and took a break from 2022-2023. In early 2024 I did KYC and was immediately approved

Binance? PI is not listed on Binance. lol
Sold 50% of my PI on OTC, at that time PI was not yet listed on the exchange, and the rest was when PI was listed on the exchange.

[gunhell16]

Well, you are very lucky to have up to 75% migrated and it can definitely be sold on a centralized market like Binance, right?

To my knowledge, Binance rejected Pi's listing on their platform, meaning that Binance must have seen something wrong with Pi, but I'm not sure about this. All I'm sure of is that they were rejected, whatever the big reason is, I'm not sure about that.

But in other places, it's listed on top exchanges as well. Like Bitget, Mexc and other platforms on cex. And the first batches really seem to be next year or 2027
before their token is unlocked, right?

[Themepen]

      -   Yes, that's the lucky one, think about it, they've been mining pi for 6 years, maybe they didn't expect it anymore, they just let it go and maybe just peeked at the updates of what they were doing. Then they were able to migrate smoothly and without any problems, which is really a win.

But of course, even for others who are still in the ongoing process, they also managed to harvest the time and effort they spent waiting, even though I didn't catch up and I didn't get to see it, at least some of our countrymen were happy to get earnings from crypto.

You are right people who started mining Pi long time ago are really lucky. Think about it they have been collecting Pi for about six years. Maybe they even forgot about it and just checked in on updates now and then. Then they were able to move their Pi to main part of the network easily and without any problems. That is big win for them. But it is also good that other people who are still waiting for their Pi to be fully available are also seeing their time and effort pay off. You were not in these miners. I am the one who join this network in early stage. I have many tokens but they are locked until 2027. After that I will get them and I will be able to sell them.

[MUGNIA]

As far as I know, KYC is a requirement for coin migration and has been publicized since the project launch.
KYC is an important step to verify user identity and only legitimate users can migrate their Pi balances.
If we carefully perform the KYC steps as prescribed, within a day the KYC will be approved. At least that's what happened to me.
I have also migrated, 75% of my coins have been migrated, while the rest are still locked. Now, I'm waiting for the second migration.

I think those that did KYC and migrated before coin launch were lucky, the people that came after coin launch for coin migration are the ones stuck in the kyc verification as they couldn't do anything after and the PI coin team has left them hanging probably because they don't want the price to dump but it will be fair to allow them have access like other people.

I'm just looking at the piece of PI where it's currently and the thought of OM came to mind, the price collapsed last 2 weeks after some market makers dump coins on them and did -99%, I hope that doesn't occur to PI coin later with this high valuation.

It is true that KYC constraints are what make migration hampered, where the existing KYC is, it is not known what the criteria are, those who leave PI are because of their complicated KYC system, so why waste more time if people have already made a profit and I am still waiting for KYC approval

[Mr. Magkaisa]

As far as I know, KYC is a requirement for coin migration and has been publicized since the project launch.
KYC is an important step to verify user identity and only legitimate users can migrate their Pi balances.
If we carefully perform the KYC steps as prescribed, within a day the KYC will be approved. At least that's what happened to me.
I have also migrated, 75% of my coins have been migrated, while the rest are still locked. Now, I'm waiting for the second migration.

I think those that did KYC and migrated before coin launch were lucky, the people that came after coin launch for coin migration are the ones stuck in the kyc verification as they couldn't do anything after and the PI coin team has left them hanging probably because they don't want the price to dump but it will be fair to allow them have access like other people.

I'm just looking at the piece of PI where it's currently and the thought of OM came to mind, the price collapsed last 2 weeks after some market makers dump coins on them and did -99%, I hope that doesn't occur to PI coin later with this high valuation.

It is true that KYC constraints are what make migration hampered, where the existing KYC is, it is not known what the criteria are, those who leave PI are because of their complicated KYC system, so why waste more time if people have already made a profit and I am still waiting for KYC approval

         -     I still don't really understand why their KYC approval took so long, why is it so complicated to have a pending or delayed approval. I still can't really figure out why that is? Are they hiding something or are they really delaying it?

But even so, you have nothing to do but wait for that approval because it's already there or else the pi you've saved will just be wasted, so maybe if I were in that situation, I would have no choice but to wait.

[Vx1]

PI only gave access to old miners with little in their portfolio. Most of the new people who joined the airdrop was only able to mine little too. Majority of old time miners PI was locked and wasn't paid for because they didn't have access to it and transfer to the main net.

I have a friend who also mines Pi Network, he has done KYC for quite a long time but until now the KYC has not been fully verified. My friend has been mining Pi Network for quite a long time, but he doesn't always update so he misses information about Pi. Then when will the KYC be fully verified, there is no clarity at all. There are also those who have passed KYC in full, but the Migration has been 2 months and has not yet reached their wallet, this is really annoying, he said.

[Gurujebs]

I have a friend who also mines Pi Network, he has done KYC for quite a long time but until now the KYC has not been fully verified. My friend has been mining Pi Network for quite a long time, but he doesn't always update so he misses information about Pi. Then when will the KYC be fully verified, there is no clarity at all. There are also those who have passed KYC in full, but the Migration has been 2 months and has not yet reached their wallet, this is really annoying, he said.

Sorry for your friend but if he has been among people that has been mining and buying all this while, I believe he is going to be update on everything about PI, I wasn't mining and I never bought on the hype but I had the update all around me because I know many people that buy and sell PI but I never liked it from day one.

Even now, I am looking for the use case of PI coin but I haven't seen anything. If after some months no real use case, tbe hype will die down and the more miners unlock to sell, the more it goes down unless the team refuses them access to them.

[Alone055]

The lucky ones are to those who had been continuing on mining since 2020 i think until into the time or moment that they do get listed or simply into those pioneers. To those who are actively made out some KYC early then they dont have any issues as their coins directly been that released in compared into those who have been locked until 2027-2028. lol
No one really that anticipated for this project to push through on which there are tons of people who have been keep on saying that this is a scam coin. We cant be able to make out such generalization or conclusion because just like on what happened to PI on which it did end up on having a value and to those who have been that lucky to keep on mining and dealing up with it did really made out that huge amount of free money.

Would you believe it if I said that I was among the early users who started mining PI back in the day? Yes, I started very early, mined through for a couple of years, but after some time, I started feeling like it's useless because there was no development, no news of listing or TGE, nothing at all, so I stopped mining at that point and never returned until recently when I heard that they are going for the listing, that's when I reinstalled the app, applied for KYC, completed it and then got half of my coins released and half are to be released in August, this year.

If I had the slightest idea that the project is actually going to make it, I would never stop mining, and by today, I must have had thousands of coins and that could get me some good money that I could add to my trading capital, but unfortunately, I didn't believe in it, and I thought it's a dead cause.