Post
Topic
Board Speculation (Altcoins)
Re: Opinions on the Pi network
by
kotajikikox
on 27/02/2024, 10:32:32 UTC
I think the pi network are taking too long to launch the mainnet and most especially validate most of their users in queue for the kyc process.
Unlike before, the pi network hype had really gone down because of their delay.

I learnt people lost significant amount of pi coin due to late kyc entry and till date some people weren't able to pass kyc hence their pi coin is gone maybe I don't know if there were other ways they have used to restore back their pi coin. Just as you said have been hearing about this coin and they made lots of noise on social media causing them to gain much popularity even more than some of those meme coin that has been listed in the market today. Most times good projects takes time to list their coin, they takes all the time because they knew that most of the people who are holding their coin are just looking for a way to go dump them on market this made most project to set some limits and a total amount one could be able to sell.

I can't seem to understand the reason why anyone will lose the pi they have mined before despite the delay in kyc. Maybe they need to reach out to the pi team for assistance to restore their mined coins otherwise it will seen like a huge waste of time mining pi to end up losing them.

It's simple my friend, it's simply due of losing hope and deleting the app or just giving up on mining which would lead to loss of coins for those days ( been a victim of this one). But upon everything,the only thing that keeps me from not deleting the app is the noise it's still making on X. It wouldn't hurt to wait, would it ? But it'll definitely hurt me if I'd missed out on the opportunity.
Looks like you are keeping the fire inside you believing that this project will still pays you from your mining activities, well you are correct that it won't hurt you waiting but sometimes this also brings frustrations and desperation trying to believe there is something coming but the reality is none.
This coin seems fishy. There's no real value because they're mining it without any solid backing. Plus, the developers and early adopters have a ton of coins, so why would anyone else bother investing? There are plenty of better blockchain projects out there that have been around for ages and still aren't on the main stage. It's all starting to feel like those old scam coins. It's probably best to steer clear until they get their act together and build something real.
lets respect what's OP's decision a bout this but I believe that sooner or later he will be failing and only expecting for nothing in the end.