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/biz/ - Business & Finance


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16363117 No.16363117 [Reply] [Original]

Is Pi coin a complete scam?

>> No.16363173
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16363173

Nope it's building the network through connections first. Nodes come later, but community adoption is first.

Install PI with invite "ThatGuyEric"

Already have a solid network of miners that increase as our network grows.

1million was already reached so rewards dropped. Get in and just have some insurance if it takes off.

>> No.16363180

if it's a scam it's a pretty lousy one.... don't most scams involve losing money in some way?

>> No.16363372
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16363372

>>16363180
No money involved, it is more of a "Hey, we have this many people to reach, and spend." They went with people are the miners at a set pace, but no CPU, RAM, or disk is used to secure rewards. The PIoneers are early adopters at the moment. White paper explains it all.

I installed it, just in case. Did the same with Ether and Z cash, I didn't want to not have some, just in case.

>> No.16363457
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16363457

Use my code "Kilgore393" and I'll think about you fondly while plucking pubic hairs

>> No.16363517

Clarifying some disinformation that is often being spread in threads like this:
>Pi is not mined by app users, it is a pre-mined token
>The App does consume miniscule amounts of power, approx 1-5 cents a year, depending on local prices
>though often implied, the size of the group whose member's code you use is irrelevant to your bonus (inviter gets +0,25 per invitee; invitee becomes a new inviter; repeat ad infinitum), "join the X number of us" is a misleading phrase since you will ever only be connected to one person in the group, the inviter.
That being said: Pi is an interesting project, it is "free" money since token value can not be 0.00 $ and power consumption is negligible. Halving steps for artificial scarcity are being executed faithfully so far. Thus, the sooner you get in the more you can gain. Nobody knows where Pi will go once it hits exchanges but it's as good a shot as any obscure shitcoin.
If you are interested and appreciate transparency use invite code:


MakroMakro

>> No.16363536

>>16363180
Well there are some who insist that the Pi App is a data mining operation. But I doubt that since phone games have cornered the market of stealing and selling data for profit.

>> No.16363586

>>16363372
Why is Z cash dying by the way? It's at an all time low, before the current dump even
...

>> No.16363668

>>16363117
it's a decent low priced one, it's a faucet that needs BTC to go exponential for real gains
https://dex.wavesplatform.com/dex?assetId1=WAVES&assetId2=FhsFXnMnZYk2nFQGfcd9rCmDaKYYxqhmDrExUTtDYAtC

>> No.16363719

>>16363668
What's this thing now?

>> No.16364448

I wonder how many bots are already "mining" this

>> No.16364719

>>16364448
Unless there's a fake Facebook account created for every bot, they won't survive the next authentication phase though...

>> No.16365560

No dude, Pi is the future of money. Use code peppermintpillow and get a free suiside stack before it's too late.

>> No.16365590
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16365590

They're literally requiring KYC just to hodl the coin. Not to trade on an exchange, just to have the centralized bits and bytes on their app go into an actual blockchain wallet once their team of basedboys gets around to the "next phase". Fuck Stanford and fuck centralization.

>> No.16366418
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16366418

>>16365590
stop being a stinky. kyc is required so kikes and cihnk dont profit and dont force centralize pi even with many millions in their pockets. botnet/clickfarms and peopel with multiple accounts will get cucked

>> No.16366459

>>16365560

>No dude, Pi is the future of money. Use code peppermintpillow and get a free suiside stack before it's too late.
>suiside

What kind of 3rd world shithole are you from subhuman?