What's everyone's take on Pi? - Crypto World - CryptoTalk.Org Jump to content
VideoGameDana

What's everyone's take on Pi?

Recommended Posts

If you don't know yet, Pi is a currently worthless crypto that you can't transfer, but it is currently in phase 1 of 4. The crypto is being distributed freely, and they will halve the rates at certain points. The first halving will take place when they reach 1M "Pioneers" and they just reached 900k. It's a 'green' crypto in that instead of wasting energy, it relies on 'trusted circles' to verify transactions.  To be honest I don't even know how to explain how that works.

 

They want to reach 100M users because their goal is to make it into a global currency. But isn't that the goal of every crypto? What are your thoughts? Is Pi going to be 'just another crypto' that goes nowhere? Will it reach the usage rates of Doge or Nano, but not quite hit big time? Or will it reach its goal of becoming a global currency that we can use anywhere, from the grocery store to the mall to Snapchat thots?

  • Useful or interesting 2
  • +1 2
  • +2 2

Share this post


Link to post
Share on other sites

Such currencies are unsuccessful and not good
  They distribute it in order to get some interest to make a profit
That's why I don't advise you
Try to collect real currencies such as Bitcoin, Litecoin and Ethereum

  • +1 1
  • +2 1

 

Life is great and enjoy it

Share this post


Link to post
Share on other sites

Very often I hear statements from the creators of new coins: our goal is to become number 1 on the cryptocurrency market. and Bitcoin as it was the first remains so. the conclusion is just a loud noise

  • +1 1

Share this post


Link to post
Share on other sites

Well we can't say that now, it all depends on the team of the project of pi that how hard they work for their goal, so for now we can only wait until what really happens.

  • +1 1

Share this post


Link to post
Share on other sites
On 10/26/2019 at 8:52 PM, mcgwinrobert560 said:

How can you earn free PI coins? Your job is very simple, you just need to have a phone, download the PI NETWORK app and create an account, click on start and every day click on start, every PI digging will take place whether your device No internet connection.

Yes, it is the most easy way to get free coin nowaday. But i wonder how is price and when will i receive the coin. Let hope it will get high price at the time we recieve coin.

Share this post


Link to post
Share on other sites

Currently there is no where that Pi can be traded or exchanged, or even transferred from the so called 'miner' app. It is just asking members to check in once per day and refresh the mining.

Share this post


Link to post
Share on other sites

I don't think the project is much solid. Its an interesting ability to mine on mobile but with Pi network there is no actual mining going on you simply push a button once a day then you could even close the app from the app process and it would still "mine" i dont believe it.

  • +1 1

Share this post


Link to post
Share on other sites

When there are many cryptocurrency are entering in the market then why pi cant enter here. if the owner of the coin do his best and can make usable of this coin then people will be aware of his coin. when a coin can be used in real life then the coin will be much popular to the people. so it is very important to make the coin usable.

  • +1 1
  • +2 1

Share this post


Link to post
Share on other sites

What will be their gain if they distributed it for free, there will be no gain. They will list on low market and make the coin die in no time

Share this post


Link to post
Share on other sites

I have never heard of it, has it been listed on the market exchange? It seems like it hasn't. and one note, Pi will be difficult to become a global currency.

Share this post


Link to post
Share on other sites

Roma was not built in one day. of course Pi has for the moment no value. But lot of people believe that if we receive something free it has no value. As for a car or clothes , people overpay to have a mark but the small parts of these mark are often  used in "lower mark". A world of appearence without sence

  • +1 1

Share this post


Link to post
Share on other sites

I don't think I want to dwell too much on this coin there are lots of them like that they just give you false hope and all. Let's just say keep your fingers crossed until when they gave their word and if they break their word then move on. That's my own take though.

  • Useful or interesting 1
  • +1 2

Share this post


Link to post
Share on other sites

I am not really familiar about Pi and I don't even know that thing called "Pi" exists here in crypto. I think that coin will end up like just "another coin" and it will be really useless or worthless since it's not transferable. It's better to invest in coins that is on top 10 lists, because you can assure yourself that you'll be getting some profits on them.

  • +1 1

Share this post


Link to post
Share on other sites

Unfinished project promising a great return to its participants. All coins starting from it but I would go to popular one that provides real value and could be exchange to other currency. 

  • +1 1

Share this post


Link to post
Share on other sites

I do not have confidence in most of these projects because they are often not real projects. For me, I prefer to invest in projects that have an impact on our real life, such as the Telegram digital currency project.

Share this post


Link to post
Share on other sites

I do not know this token or coin. It must be a shit coin if not yet dead. Dealing with this coin can results or cause losing. 

Share this post


Link to post
Share on other sites
On 10/26/2019 at 12:02 PM, VideoGameDana said:

If you don't know yet, Pi is a currently worthless crypto that you can't transfer, but it is currently in phase 1 of 4. The crypto is being distributed freely, and they will halve the rates at certain points. The first halving will take place when they reach 1M "Pioneers" and they just reached 900k. It's a 'green' crypto in that instead of wasting energy, it relies on 'trusted circles' to verify transactions.  To be honest I don't even know how to explain how that works.

 

They want to reach 100M users because their goal is to make it into a global currency. But isn't that the goal of every crypto? What are your thoughts? Is Pi going to be 'just another crypto' that goes nowhere? Will it reach the usage rates of Doge or Nano, but not quite hit big time? Or will it reach its goal of becoming a global currency that we can use anywhere, from the grocery store to the mall to Snapchat thots?

i think Pi will be a worthless coins with no value and no future since that coin do literally nothing. so.. they are giving free tokes so take it maybe you can earn something, but if you think about investing in it then don't do that

  • +1 1

Share this post


Link to post
Share on other sites

There is the mining android app for the project pi. I have made more than 200 pi yet but I do not know what to do with this earnings? Are they going to launch the separate payment systems soon? The roadmap of the team is good for this project. 

  • +1 1

 

 

Share this post


Link to post
Share on other sites

I am more inclined to believe that the goal of cryptocurrency is not in the price. And as much as possible to delve into the financial system around the world.

  • +1 1

Share this post


Link to post
Share on other sites
On 10/26/2019 at 3:32 PM, VideoGameDana said:

If you don't know yet, Pi is a currently worthless crypto that you can't transfer, but it is currently in phase 1 of 4. The crypto is being distributed freely, and they will halve the rates at certain points. The first halving will take place when they reach 1M "Pioneers" and they just reached 900k. It's a 'green' crypto in that instead of wasting energy, it relies on 'trusted circles' to verify transactions.  To be honest I don't even know how to explain how that works.

 

They want to reach 100M users because their goal is to make it into a global currency. But isn't that the goal of every crypto? What are your thoughts? Is Pi going to be 'just another crypto' that goes nowhere? Will it reach the usage rates of Doge or Nano, but not quite hit big time? Or will it reach its goal of becoming a global currency that we can use anywhere, from the grocery store to the mall to Snapchat thots?

I do not think it could be world currency because it is weak coin and not having special feature. Already many big coins in the competitive world are performing well and for new coins the market is not easy place. Dogecoin is also facing many problems because many coins with cheap and fast transactions are available in market. So I do not think it would survive in market.

  • +1 1

Share this post


Link to post
Share on other sites
On 10/26/2019 at 3:32 PM, VideoGameDana said:

If you don't know yet, Pi is a currently worthless crypto that you can't transfer, but it is currently in phase 1 of 4. The crypto is being distributed freely, and they will halve the rates at certain points. The first halving will take place when they reach 1M "Pioneers" and they just reached 900k. It's a 'green' crypto in that instead of wasting energy, it relies on 'trusted circles' to verify transactions.  To be honest I don't even know how to explain how that works.

 

They want to reach 100M users because their goal is to make it into a global currency. But isn't that the goal of every crypto? What are your thoughts? Is Pi going to be 'just another crypto' that goes nowhere? Will it reach the usage rates of Doge or Nano, but not quite hit big time? Or will it reach its goal of becoming a global currency that we can use anywhere, from the grocery store to the mall to Snapchat thots?

Hello my dear friend. I don't have any idea about this pi crypto currency. I prefer myself to collect or invest in the most popular and used crypto currencies such as bitcoin ethererum litcoin and ripple 

Share this post


Link to post
Share on other sites

Cryptocurrencies such as Doge-never reach the Pi limit, for this, it is necessary that the cryptocurrency be overbought. It makes no sense to use this technology to use it and it will not lead to anything. There must be a balance. 

  • +1 1

Share this post


Link to post
Share on other sites

I have already heard about this Pi months ago but I have not got more information or details about what is it, so maybe here there some members who can introduce their knowledge about that.

 

 


 

468x60.gif.2f5be3d8fc5caf83e400a2cd4d4ca105.gif

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 members

    No registered users viewing this page.

  • Topics

  • Сообщения

    • CryptoNews of the Week     - As expected, on April 20, the fourth halving occurred on the bitcoin network at block #840000. The reward for mining a block has been reduced from 6.25 BTC to 3.125 BTC. It's worth reminding that a halving is the event that reduces the reward for mining new blocks in the bitcoin blockchain by half. This event is encoded in the code of the first cryptocurrency and occurs every 210,000 blocks: until the mining of 21 million coins, presumably in 2040, when the cryptocurrency's emission will end. The fourth halving will ensure that about 95% of all bitcoin emission is mined, with approximately 99% of all coins mined by 2033-2036. Following that, the emission will gradually move towards zero. Economist and author of the cult book "The Bitcoin Standard," Saifedean Ammous, congratulated the crypto community on the halving. "For the first time in history, people have a form of money whose supply increases by less than 1% per year. [...] The harder the money, the slower its supply increases, the better it retains value in the future, and allows for planning and securing the future," he wrote.   - In the days following the halving, there was no increase in volatility. The price of bitcoin slowly and lazily moved upwards, reaching $66,000 at the time of writing this review. It seems that market participants are frozen in anticipation of who will start buying or selling the main cryptocurrency en masse. However, the founder of venture company Pomp Investments, Anthony Pompliano, believes that within 12-18 months, the coin is likely to first undergo a correction and then rise to $100,000 with chances of reaching $150,000-200,000. "At the moment, the probability of a decrease is quite small. [...] I see no reasons for the rate to drop below $50,000. I think we have already crossed this Rubicon," the entrepreneur believes. Pompliano recommended buying gold to those looking for capital protection from the fall and the first cryptocurrency to those aiming to increase their purchasing power. "After the previous halving, the first cryptocurrency appreciated eightfold despite volatility. Name any other asset that has shown such high returns over a four-year cycle," he stated, revealing that he invested about half of his personal funds in the first cryptocurrency.   - Analysts at QCP Capital believe that bitcoin optimists will need to wait at least two months before assessing the impact of the recent fourth halving. "The spot price has only grown exponentially 50-100 days after each of the previous three halvings. If this pattern repeats, bitcoin bulls still have weeks to build a larger long position," their report states.   - According to Bitfinex experts, the post-halving supply restriction will stabilize the price of the first cryptocurrency and may contribute to its growth. "The decrease in the pace of bitcoin issuance after halving, which will amount to $30-40 million per day, sharply contrasts with the average daily net inflow of $150 million into spot ETFs. This underscores a significant demand and supply imbalance which may contribute to further price growth," the Bitfinex report indicates.   - A sharp increase in transaction fees on the day of the halving gave Euro Pacific Capital president and "gold bug" Peter Schiff another reason to declare the failure of the first cryptocurrency. On April 20, amid the reduction of the block reward, the average size of fees in the network jumped to a record $128.45. Experts largely linked this to the hype associated with the event around the launch of the Runes protocol. "The cost of completing a transaction now stands at $128, and its processing takes half an hour. This is another reason why bitcoin cannot function as a digital currency. The costs of using it in this capacity are disproportionately high. This is a failure," Schiff declared. (And he was wrong. Shortly thereafter, the rate dropped nearly 73% to $34.86.) In the comments, users asked the well-known gold advocate how much it would cost to safely deliver a pound of precious metal around the world. An estimate ranging from $800,000 to $2.3 million depending on the method and speed was voiced. "Remind me, how much does it cost to transport a gold bar to the other end of the world in half an hour?" Jameson Lopp, co-founder of Casa, sarcastically remarked about speed. Schiff responded that it didn't matter since people no longer use precious metal as currency.   - Speaking at a pre-election rally in Michigan, Robert Kennedy Jr. announced to the attendees that if he is elected President of the USA, every American will have the opportunity to review any budget item. "I will move the entire US budget to the blockchain, and we will have 300 million observers over it. If someone spends $16,000 on a toilet seat, everyone will find out!" he declared. The presidential candidate believes that taxpayers have the right to know exactly what their money is being spent on. According to the politician, blockchain and cryptocurrencies should help the USA remain a leader in innovation and maintain the financial freedom of its citizens. Robert Kennedy Jr. had previously supported bitcoin, stating that the first cryptocurrency takes financial control away from the government and the monopolistic banking system.   - The crypto exchange CoinEx has put up for sale the first satoshi mined after the halving. Buyers can place bids in bitcoins on the auction page. A satoshi is one-hundred-millionth of a bitcoin (0.00000001), and the organisers of the auction hoped that collectors would pay several tens of millions of dollars for this "epic" coin. However, at the time of publication, the highest bid is only 2.5 BTC, which is about $165,000, although this price exceeds the value of one ordinary satoshi by 250 million times. The auction will end on April 26. The exchange will notify participants of the results via a message on the website and by email.   - Fidelity Digital Assets, a leading issuer of one of the spot BTC-ETFs, has revised its mid-term forecast for bitcoin from positive to neutral. The reason for the departure from optimistic views is several worrying trends in the crypto market. Fidelity analysts noted the growing interest in selling from long-term bitcoin hodlers. A large percentage of profitable addresses is currently noted in the report. This means that holders may want to lock in profits and start selling BTC. On the other hand, on-chain data also indicate that small investors continue to accumulate the first cryptocurrency. Since the beginning of the year, the number of addresses holding at least $1,000 in BTC has increased by 20% and reached a new all-time high. "This trend may indicate the growing proliferation of bitcoin and its acceptance among 'average' users," Fidelity notes.   - Investments in bitcoin by "new" whales have almost doubled the indicator of "old" major players. These assessments were shared by the CEO of CryptoQuant, Ki Young Ju. The expert attributed to the "whale" addresses not associated with CEX and miners with a balance of over 1000 BTC. The "new" category includes owners of coins "aged" less than 155 days; "old" exceed this term. Specialists at CryptoQuant examined the dynamics of the 7DMA ratio of the SOPR indicator applied to these categories of investors and made conclusions similar to those of their colleagues from Fidelity. The elevated metric value showed high profitability of "old" hodlers compared to "newcomers," which could lead to the formation of price peaks. Analysis of the current situation also speaks of the need to exercise caution in anticipation of possible corrections and increased volatility. Recall that earlier, specialists from JPMorgan noted that digital gold is in an overbought state. And CMCC Crest co-founder Willy Woo warned that if bitcoin falls below $59,000, the market risks entering a bear phase.   - Representatives of the initiative group of cryptocurrency supporters want to convince the Swiss Bank board to add bitcoins to the CB's reserves. The meeting on this issue will take place on April 26, where the concept of supporters of digital gold will be presented. In their opinion, such a step will strengthen the independence and neutrality of the state. Including BTC in its reserves, Switzerland would show the world that it has an independent financial policy from the European Central Bank. Recall that back in 2022, the initiative group recommended the country's central bank to buy bitcoins for 1 billion Swiss francs (about $1.1 billion) instead of German government bonds, but the regulator ignored this proposal. However, now everything may change. Recently, Switzerland has been providing the most favourable conditions for the development of the cryptocurrency industry, which is why the government of El Salvador even opened its office in the country to jointly develop initiatives related to bitcoin.   - Christian Langlois, also known as Bitcoin Sign Guy, made headlines in 2017 when he displayed a notebook page with the message "Buy Bitcoin" behind Federal Reserve Chair Janet Yellen. At that moment, the FRB Chair was testifying about the state of the US economy. This image instantly spread across the network and became one of the symbols of the emerging crypto industry. For his act, the 22-year-old intern Langlois was disgracefully expelled from the hearings. But after this episode was broadcast on television, enthusiasts sent seven BTC to his crypto wallet to thank the young man for his bold move. Four years ago, Christian sold 21 copies of the notable sheet at an average price of 0.8 BTC each, thus earning an additional 16.8 BTC. As a result, his total earnings reached 23.8 BTC, which is more than $15 million at the current rate. And just a few weeks ago, Langlois was offered another 5 bitcoins for the original, but he refused to sell the sheet. Nevertheless, Christian liked the idea of further monetizing the self-created object of "artistic and historical heritage," and he decided to sell it at an auction. The winner's name will be announced late in the evening on April 24 at the New York snack bar Pubkey, and the young man plans to direct the proceeds to finance his startup, Tirrel Corp. At the time of writing the review, the sheet is offered for $140,000, but the auction is not yet over. Notice: These materials should not be deemed a recommendation for investment or guidance for working on financial markets: they are for informative purposes only. Trading on financial markets is risky and can lead to a loss of money deposited.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/
    • I sell accounts of hero and legend on the forum bitcointalk.org Those who are in the topic will understand, accounts are golden, for the creation of cryptoprojects is the best, the status of aka - the highest trust whales. https://t.me/Bitcointalqi
    • Когда понадобится форум бирже, тогда вдохнут в него жизнь, сейчас же картина печальная, сообщения только от обменников. Всё таки что бы кто не говорил, а монетизация самый главный повод для людей  проявлять активность.
    • Уважаемые форумчане! Будем очень благодарны Вам за отзывы о нашем сервисе здесь https://www.mywot.com/scorecard/btchange.ru. Желаем выгодных обменов для Вас!   Контакты: Сайт: https://btchange.ru/ Telegram: https://t.me/btchangeru E-Mail: info@btchange.ru
    • Приветствуем всех! Комиссия снижена на направление Ripple XRP на Авангард RUB. Готовы сделать обмен для Вас на самых выгодных условиях.   Контакты: почта: info@moneybit.pro телеграмм: @moneybitpro
    • Приветствуем! Установили для Вас низкую комиссию на направление "Ethereum Classic ETC на Perfect Money USD". Гарантируем безопасность обменов и скорость.   Контакты обменника:Почта: info@sellver.com
    • Приветствуем! Предлагаем Вам ознакомиться с тарифами нашего обменника криптовалют. Гарантируем высокую скорость обмена и компетентную поддержку.   Контакты для связи: email: info@e-crypto.space
    • Наш сервис обмена валюты приглашает вас воспользоваться своими услугами и получить максимальную выгоду! Мы гарантируем качественный сервис, оперативную поддержку и легкий интерфейс для вашего комфорта. Убедитесь в высоком уровне обслуживания уже сегодня!
    • Bitget Research: Количество криптотрейдеров в ОАЭ растет на 166% ежедневно   К концу 2024 года количество трейдеров из Объединенных Арабских Эмиратов, ежедневно совершающих транзакции на мировых криптовалютных площадках, может превысить 700 000 человек. Об этом Bits.media сообщили аналитики Bitget Research.   Основными факторами, влияющими на рост количества участников местного рынка цифровых активов, стали усилия властей ОАЭ по созданию благоприятной атмосферы крипторегулирования, а также инвестиционная привлекательность криптовалютного индустрии, верят в Bitget Research.   В ОАЭ отмечается самая высокая статистика интереса к криптовалютам. 29% криптоинвесторов, опрошенных в ходе исследования Bitget, считают, что цифровые активы предлагают более удобный способ хранения. Еще 34% являются криптовалютными трейдерами, а 22% используют токены для ежедневных платежей. Инвестиционные предпочтения граждан ОАЭ склоняются в пользу вложения денег в биткоины и эфир. С начала 2024 года число ежедневных криптотрейдеров достигает в среднем 500 000 человек, что на 166% больше, чем год назад.
    • Привет всем! Сделали низкую комиссию на направление обмена Сбербанк RUB на TRON TRX. Приглашаем сделать обмен и убедиться в этом!   Обратная связь: info@swapok.store @swapok
×
×
  • Create New...