Quote from: passwordnow on Today at 01:14:10 PM

Quote from: SmartGold01 on Today at 10:58:18 AM

Quote from: passwordnow on Today at 08:21:22 AM

Quote from: SmartGold01 on February 02, 2025, 08:38:55 PM

I have never heard any information about pi coin being scam or not, but have seen people doing their kyc and whatever, though there was time I heard it was also listed but since I didn't have any picoin neither did I even mine it when others were mining it.

It was never listed. I think you've seen it with Huobi listing PI. But that's not the actual PI coin that these people are getting crazy for.
What's listed on huobi is a PI IOU and that's why even if it has been traded there and there's a price already, no one can deposit it there. So it never comes out and no one will ever be able to deposit from outside because it's an IOU.

Thank you for the clarification, I never had this idea that it wasn't a the main pi listed there, though I had some friends who lost their pi in that exchange trying to go trade their coin but when they discovered it was a fake there was no means for them to get their coin, I think it was said that the exchange was depending some percentage of fee from them to be able to get their coin withdrawn from that exchange.

I'm not sure how huobi is capitalizing in there but I think they've taken advantage of the pi holders believing that they have it. But it was clearly explained by them that it was also an IOU so they simply rode the hype while there's a volume on it. Until now, there's no clear exchange for the actua PI coin that have been there for so long and that's why many have been calling it as a scam and even I, I don't think people should put their hopes on it.

I learnt people selling pi through p2p like locally, there are people who still have trust for this pi and they are holding up their coin because they have seen the potential in the coin.
To me I don't see any reason for someone to keep hope for the listing of that coin that wouldn't add anything to them, if that they have been listed this could make people believe in that project, instead they have been brainwashed to hold on tight.