Quote from: Xal0lex on Today at 06:47:46 PM

Quote from: fullhdpixel on Today at 04:39:06 AM

Quote from: Xal0lex on June 25, 2023, 02:05:13 PM

Are you seriously trying to compare some next shiatcoin to bitcoin? Bitcoin has the strongest reputation as a reliable asset with strong fundamentals and applications ranging from mining to institutional investments. Pi Network has none of this, you shouldn't compare altcoin and bitcoin. Bitcoin is a currency, an investment. Pi Network is a means of speculation, a way for the developers of this token to enrich themselves.

A way for the developers to enrich themselves and gain access to the KYC documents of millions of users for free by making them fool with some coins that are worth nothing at all. They've never mentioned anything about a roadmap or any KYC or transferring the tokens from testnet to mainnet by completing certain tasks, they came up with all these when they've already got millions of users from all around the globe signed up and mining the shitcoin.

This is only if the developers themselves hold a token sale through the distribution of their coins to early users or through a token sale on their website. Many well-known projects don't collect anything from their investors, it is done by the launchpad and various third-party platforms that organize such rounds of token distribution to early investors, such as coinlist.

And this is where trust issues would be mold up on which on the time if the sale its been done on sending out coins on a certain wallet address and doesnt have that kind of smart contract thing about buying and recieving those tokens back or simply been put up on a launchpad for the buyers to be able to get those tokens on that specific period but seeing this Pi project then it is really that totally opposite.

Surprisingly that there are still people who do get fooled with this thing on which it doesnt really even have its own blockchain but there is a value but those are imaginary ones and something that only people
around really making out their own value. I do even see people who do bought up coins on something this kind of type without even trying out to realize on what legit project or coin do really have.
This is why noobs should really be making some indepth research so that they wouldnt really be ending up on investing on something shit because if they do then they would definitely be losing money.