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.
it was so interesting that, I downloaded the app and did KYC and when I looked in more detail there was no menu that supported the coin in the app to try to send my mining tokens to the exchange. the available options are we buy with other funds then we can trade the coin. This Pi is funny.
That's how they milk from people believing that it's going mainnet soon. Or I hope that I was wrong and they go mainnet and those that were able to buy it will have the last laugh but I don't think so.
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.
Yeah, the only way to make money from it is through P2P. They have their hopes on it and that's why they're asking for people to buy and sell it from P2P. I am not sure how long the devs of it will milk these people but I hope that they'll wake up soon and stop patronizing this project because it keeps on giving false hope.