PI Network - Something Like Bitcoin But Use Mobile Phone For Mining

[henry8693]

Listen to the recording of a recent Ask-Me-Anything (AMA) session held on September 7, 2022, where Pi Network Founders Nicolas Kokkalis and Chengdiao Fan answer some community questions asked by Pi Chat Moderators!





Have an excellent day

[henry8693]

(09-20-2022 04:07 PM)TheCowboy Wrote:  I had forgotten about this. Still have the app on my phone with 451 coins on it. 1 coin is currently worth $0.007077. I remember when this all started that they said 1 coin would be worth $100.

Friend,
Pi is in the Enclosed Mainnet, and Pi has no value.
Pi Network is slowly doing KYC.
All pioneers must pass the KYC before moving to Open Mainnet.

Thousands of pioneers like you come back for mining, Pi.
Before that, mining Pi coins is more.
Now, mining for 3 months, you get around 170 Pi Coins.
The mining rate drops each month.

Currently, approximately 40 Million Pioneers. It will stop after reaching 100 million.

40 Million [ Each recommending 1 to 3 people ]

----------------

Date: 17 Sept 2022
According to Pi Statistics, we have 2.6 Million Pioneers who have passed through KYC.

Meanwhile, the KYC passing rate of Chinese Pioneers is only around 1%-5% of the domestic recorded. Once 80% of Chinese migrate to Mainnet, the global barter market will explode.

----------------

We are now slowly bartering/trading Pi coins for Goods and Services. The pricing is determined by both the Seller and the Buyers.
Hence, the Pi value is determined by the market, and all the Pioneers do the KYC; only then will the Pi Network consider moving to Open Mainnet. So, don't ever think you can buy Pi coins cheaply in the Open Market.

IMPORTANT NOTE:
1)Many Pioneers locked 100% of their Pi for 3 years.
2)Many Pioneers locked 90% of their Pi for 3 years.
.Etc

For
1) Pioneers do not have Pi to buy or sell Goods and Services.
2) Pioneers have 10% of their Pi mining to buy or sell Goods and Services.

Many do not know how to commit lockup configuration.

So, once the Open Market, that's not many coins.

----------------

Date: 15 Sept 2022



Pi Whitepaper chapters: Pi Token Model, Mining Mechanism, and Roadmap

Quote:https://pinetwork-official.medium.com/pi...f4a6774e71

Have an excellent day

Magic Button :

I do not want to touch on the Consensus Price.
Consensus Value = CV,
Global Consensus Value = GCV = 314,159 $
This is FUTURE for Pi

[henry8693]

Amazon to Accept PI after Mainnet-launch?! | The Game is Changing Fast!





But why pi not bitcoin?

All indications are Pi's will not fluctuate, unlike Bitcoin and the lot.

Imagine paying 5x for a product, then the next time, due to crypto price fluctuations, it costs 6x. Will you be happy? I don't suppose. That's what Pi's going to change prospectively.

Have an excellent day

[henry8693]

Dr. Chengdiao Fan and Dr. Nicolas Kokkalis of Pi Network On The 5 Things That Can Be Done To Improve and Reform The C
ryptocurrency Industry.

An Interview With Tyler Gallagher

Quote:https://medium.com/authority-magazine/dr...82cfa72e16

Have an excellent day!

[henry8693]

Tesla car is listed on Pi Mall, guys; this is no longer a child's play.

Quote:https://twitter.com/PiMerchantNews/statu...fHe8g&s=35

Have an excellent day!

[henry8693]

I used my Pi to order.



Please do not register/join if your country is under the sanctioned list.

Quote:https://home.treasury.gov/policy-issues/...nformation

Happy Day

[henry8693]

See how people bought Pi and Sold Pi.

He just bought from my local Pi agent 1100 Pi, paying Malaysia RM 1550.00


Then, bought another 1300 Pi from a Nigeria seller in his group, paying the USDT




SOLD to a Taiwanese.

Have an excellent day

[henry8693]

Pi Network Open Mainnet will probably be at the end of the year, 31 December 2024.

Have a great day!