I don't think that PI network will survive the massive dump if they allow the withdrawal and the possibility that they will limit it. Still, I have a doubt about their strategy to make people believe that they are really legit and not collecting data about the miner.
It's a tactic for them since they will surely take advantage of people just like getting a profit from every ads on their mobile app.
Agreed. I don't really trust them when i heard about Pi that can be mined with our mobile. The truth is they want us to watch the ads, LOL. In my country, they targeted some people that have a low knowledge about crypto, and told them about being rich with Pi network. I believe the Pi price now is a fake. and like you said, it Will be dumped after withdrawal is allowed.