Pi Network: Is This Just a Massive Crypto Scam | Analyzed by an Accountant
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- Опубліковано 29 вер 2024
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PI NETWORK SUMMARY
Pi Network is an experiment to create the first digital cryptocurrency that can be mined on a mobile phone.
It is an attempt to create a decentralized open-source blockchain that is eco-friendly. It was created by three Stanford University graduates Dr. Nicolas Kokkalis, Dr. Chengdiao Fan, and Vincent McPhillip.
Dr. Nicolas Kokkalis, the head of technology, had previously co-founded Gameyola, a monetization and distribution platform for casual Flash games on social networks, and is the instructor of Stanford University’s first decentralized applications class; combining distributed systems and human-computer interaction to bring cryptocurrency to everyday people.
Vincent McPhillip, the head of the community, had also previously co-founded The Stanford Blockchain Collective, a cross-disciplinary student club across the engineering, business, and law schools.
Unlike bitcoin with its proof-of-work consensus protocol, Pi, the cryptocurrency generated by Pi Network miners as a reward for mobile activities performed to secure the blockchain, is built on the Stellar Consensus Protocol (SCP).
The Stellar Consensus Protocol (SCP) requires several nodes to cast ballots on transaction validity, an activity that requires less computing power compared to bitcoin's proof-of-work consensus protocol that depends on nodes that require lots of electricity which, consequently, has negative effects on the environment because of the carbon emissions that results from bitcoin mining.
In October 2019, just 7 months after launch, Pi Network recorded over 500,000 installs, with active users spread across 180 countries.
Pi Network is marketed as the first and only platform where you can earn a digital asset called Pi
Pi aims to allow everyday people from all walks of life to contribute to the security of the cryptocurrency and the success of its community. The team believes this meritocratic principle, as well as Pi’s inclusivity, is positioning it to become the world’s most widely used cryptocurrency.
Pi Network, Pi Scam, Pi Crypto, Pi Network Founder, Pi Cryptocurrency, Pi Stanford, Pi Investment, Pi Network, Nicolas Kokkalis, Chengdiao Fan, Vince McPhilip, Stanford Cryptocurrency, Pi Blockchain, Pi App, Pi Coin, Pi review, Earn Pi, Pi worth, Pi fraud, is Pi a scam, Pi Stanford scam, How Pi mine, how does Pi work, Pi network scam, Pie network, pie fraud, pi review 2021, pi network 2021
All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please send me an email, thefinancialbread@gmail.com, and we can sort it out.
DISCLAIMER: These videos are for entertainment purposes only. This is not meant to be financial advice. Please always do your due diligence and never stop learning.
AFFILIATE DISCLOSURE: Some of the links in this video description are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or opt-in.
Every single vid I see talking about Pi the comments are just littered with referral codes and no ones actually discussing Pi 🤦♂️
I will pin this comment for those who want to discuss about the Pi network!
What are your thoughts?
@@unauthorizeduser7596 not sure really, the whole concept of Pi is new in the cryptocurrency space. The fact that the developers seem to hold a large portion of Pi could be problematic, especially when you look at the current XRP court case
@@niallackroyd7210 XRP is going to the Moon isn't it? Btw I would collect Pi just in case but I don't think that Pi will ever become big.
@@unauthorizeduser7596 I think with Pi there isnt a down side right now, you dont lose anything if it ends up worthless, and I fucking hope XRP goes to the moon, I can pay off my mortgage then
3 years later, Pi network is still going strong and mainnet will launch this year...
Crypto/forex trading is a big chance to make money nowadays. Get a professional to trade or advice
@Marian Jane Please I need someone to help me trade or invest the forex or crypto market because I'm tired of trading in losses myself. I've blown my account twice and it's frustrating.
@@chrissain1395 I'll recommend Expert mrs Bridget Denison to you. She's the best ive seen. She trades my fx account and makes me good profits 📈 weekly
She's the goddess of FX
🏐🏐🏐🏐
＋𝟭𝟰𝟮𝟰𝟮𝟮𝟲𝟲𝟮𝟱𝟳
Make a note to Mrs Bridget Denison on whats-app ⬆️ regarding your interest in investing in bitcoin
I want to invest in the crypto market I need a reliable broker that will help me trade my coin and make profits Any recommendations?
I'm also a newbie too have been making losses for some time now need a reliable broker as well
I don't think I want to invest anymore I have been scam twice already
I used to invest with the wrong broker until a friend of mine introduced me to Mrs Rhian Lewis Ploshay
Literally making €15,000 on every invested space of
one week four days from Mrs Rhian
Her investment platform is top notch trust me guys you won't regret investing with her
I'm making a whole lot of profit off trading stock. at the same time, I'd like to invest in forex and Bitcoin as i heard it's really happening
Bitcoin has been the most profitable investment online, if only you could trade with professional broker. that we work you through the process needed.
I have heard of expert James Lucas I think saw it online, as I was making a research on something.
expert James Lucas fx success story is everywhere.
@Precious James you can contact him 👇👇👇
Facebook
OP: it’s not a scam
Also OP: hey here’s my referral link to sign up for it
bruh moment 😂😂😭😭😭
Lmaooo
scam
I think this video is more scamming than the PI itself
lmao
If it is a scam I wouldn’t be mad at all, it takes me 5 seconds to mine and I haven’t spent a single cent. I truely hope it isn’t would be nice to actually get free money 😂
Your email and phone number is possibly being sold right now though lol
How can we test the test wallet
I have tried the test so worried I spell how can we do it through to do it fine please
@@CosplayZine I mean its already sold through Facebook or some other app anyway
@@CosplayZine that is quite possibly the shittest reason to not get the app ever, you do realise that practically every other app on your phone does the EXACT same thing
Ive never signed anyone up and i barely see ads so I’ve never had a bad experience w pi...if it doesn’t go anywhere i wont loose anything but literally the second it takes to click the button daily...I’ve spent more time typing this message lol
What if it steal ur photos and contacts and blackmails u???
@@sanefran6482 it's impossible
@@sanefran6482 how can this app get access to your photos without your permission (no way it can)? other apps also had 13 million users and non-anonymous owners?
@@Беломор-т5з poor naive fellow
@@sanefran6482 you're gonna regret
well since it doesn't time my own my money, I dont lose anything if it was a scam. Stealing data? As if Facebook hasnt done that crap already
but maybe it steal my passwords ?
@@stevenwhite5560 why would they care about your passwords?
@@rikonchan3530 to stole my money for example
True though. Apple has an issue with Facebook because FB collects so much data from us and Tim Cook is not agree with that. So how should I be worried that my info is being collected by Pi? FB, Instagram, Google and Yahoo are already doing that
@@blueblazerable and you are comparing facebook and google to pi? Are they even on the same page bro?
Beware this is an actual Ad for the pi network
they told me that doge was also shit. so you never know
It's a literal pump-n-dump.
Lmfaoo Doge is shit
@@rule129 I’m going to come back here in a few years to see how this comment has aged.
@@SooFnSinister good idea
Doge is trash
I think this was the most educated video I have seen about Pi well done. Shame about the negative feed back, the system does a good job to filter out fake accounts so keep up the good work :)
This one is even more in depth:
ua-cam.com/video/PekumsFGWuc/v-deo.html
@@jamesmlawanda8025 Boi can i join your security circle?
@@hachi4928 please do man
👆👆👆
mine now, don’t miss out🚀
The fact that your channel has ONLY pi network videos, simply empowers the IDEA it's a scam.
YES, it does not ask for money when you signup. However: IT DOES MAKE money from ads. 1 ad / day / user x 30M users. Do the math.
Withdrawal of "actual money" will be possible in PHASE3 of the project (so basically if PHASE3 is never coming ... ? ez money).
I am a software developer, and out of curiosity I DID CHECK their app. You must be a FOOL to believe your phone can mine cryptocurrencies with 1 click/day.
Also another BIG RED flag for me is the average way the mobile-app presents itself. Literally 1week project :).
YES, you have nothing to lose (since u did not transfer them money). But I have a feeling the app is not there to help you, the user:
1 ad / day / user x 30M users. Do the math.
Do you think that they are just scamming us for some ad revenue? I mean the Stansford PhDs😂😂
Read the 'white paper very carefully please....
exactly... now there are ads in the beginning when we tap on mine pi. Its nothing but a hoax. they qre mining money from people
nail on the head, just because they dont ask for money doesnt mean they arent scamming and making money in other ways, cough cough* ad revenu.
This smells like social experiment ...
It does look like that
That would be the biggest LOL but I could see it
Yea, what real use case does it have?
ua-cam.com/video/PekumsFGWuc/v-deo.html
@@douglasadams9812 perhaps it's to see how easy a market can be created for direct crypto purchases?
Just trust yourself to be able to invest your future. That's all
Yes people had doubts of Bitcoin as well, with Elon musk promotion in early February, some made millions already. It’s all about trust and gamble
Created by PHD's, tied to stanford university, kinda of mysterious, Seems more like a social experiment to me. 🤷♂️
bruh it is so insanely transparent.
@@sussykanyeballs176 is it? What's their plans for the future?
@@sussykanyeballs176 What utility does/will it have?
@@ArmstrongFam it will able you to get real money in the future
@@sussykanyeballs176 can you promise it will give us real money in the future?
i don't know who needs to hear this, you've got to stop saving money.invest some part of it if you really want financial freedom.
invest in bitcoin,gold, silver,buy stock, Forex market, commodities.just invest and save yourself.
@Cedric Great this is 2021, people who aren't even traders make money from crypto and Forex market
And moreover there are already financial analyst and trading expert(PhDs) who have shelled out theories and ideas for years on how bitcoin technically grows.
Exactly good insight man
My trading mentor,expert Roland Lerch runs an investment platform like that, I paid in $10,050 just last week though it's not the first time, and I got a paid profit of $20,102 .it's been an amazing experience.
Investing in crypto is the only big chance of making money
Crypto is the new gold
I heard that his strategies are really good
Mr beast, you are the man my bro!!!
Invest in BTT coin.. I hold over a million coins at 0.0012
If the price ever goes up to 0.90 I'm a millionaire :D
Thanks for the feedback experience difficulty or you want to in*ves*t + 1 ( 7 2 0 ) 5 9 9 *8 5 *1 0
W h a t s* a p p.....
Impressive work, *Vortextrace* - I’m grateful that you are actively combating these individuals who lack integrity. We must go above and beyond to protect the elderly and the wider public from these despicable scammers! Kudos to you!! Your dedication to keeping us safe is truly deserving of the highest honor.!!!!!!!!!!!!!!!!!
What do you think about Pi Coin?
What is Pi Network?
@@gilbertlynch959 PI network cryptocurrency is a Decentralized blockchain-based Network-chain cryptocurrency that aims to end the dominance of so-called Decentralized currencies-giving more economic power to the people than global companies to terminate monopoly in the market.
It is considered a new type of digital currency in the form of cryptocurrency. Since it is a Blockchain-based currency, the transaction processes will be maintained and secured by the community instead of Big companies that run a monopoly in the market and collect personal data to sell.
@Adah Asmee Well, every crypto gets from some sequential phase to launch its coin, and in this case, it's offering Free PI by mining coins in your mobile phone (cryptocurrency mining). Mining on your phone will surely bring some Free PI in your currency wallet.
@Annabelle.
Pi coin is the great opportunity for earning without the investment of time and money, I start mining since last month and it's hardly takes a minute with its application. And according to some of resources its value cross the 5$ mark by 2023 and offers you a great return for just nothing. So, it's a big yes for pi network
*RICH PEOPLE PLAYS THE MONEY GAME TO WIN. POOR PEOPLE PLAYS THE MONEY GAME NOT TO LOSE. THE GOAL OF THE TRULY RICH PEOPLE IS TO HAVE MASSIVE WEALTH AND THE POOR SEES A SURPLUS AS AN OPPORTUNITY FOR CONSUMPTION INSTEAD OF INVESTING IT. CHANGE YOUR MINDSET AND DO WHAT THE RICH DOES, WHICH IS INVESTING, INVESTING AND INVESTING.*
You're right ma,
that's why I have to start forex trading 2months ago, now am making constant profit from it .
Natural, there’s a lot of math involved in forex trading,
but this is often presented in forms of daunting technical charts, indicators, patterns.
Trading systems allow you to limit the factor of emotional influence on decision-making,
Impressive work, *Vortextrace* - I’m grateful that you are actively combating these individuals who lack integrity. We must go above and beyond to protect the elderly and the wider public from these despicable scammers! Kudos to you!! Your dedication to keeping us safe is truly deserving of the highest honor.!!!!!!!!!!!!!!!!
I've been mining this shite for a year now, their aim is to gather all your personal info, eg social media and phone number for verification, and now moving to main net KYC requires a photo ID-passport or driving licence. Its been a data harvesting exercise from the start incrementally fishing more and more personal information. Got kicked off chat for pointing this out.
Pi uses a pyramid scheme for sure, but it's not harmful. You don't sign any contract, you don't spend money and actually I really liked how the founders were pretty clear about how this is NOT an easy way to become rich. They literally specify that it's a long term project and has a lot of chances to fail, and it all depends on us.
This is the main reason I joined, if the claimed to make us rich over night I would have brushed it off laughing.
Uploading your identity and selling your data is not harmful? You are a dysfunctional being for sure
@@thechong816 The identity that you "sell" aren't really useful if they use it and have you also used pi?
Bro I remember Bitcoin started 0$ everyone siad Bitcoin it's a scam but now Bitcoin one of the best currency in the world 🌎
It's not a harmfull system they have set up at all. What the video fails to realise is that the most valuable data a company wants to buy, is behavioural patterns. If you have data that this and this group of people have the highest return rate, and is actively revisiting the app to press a button, with a minor time descrepency every 24 hours, then this data can be sold for insanely huge sums. This is what Pi have made money on up until they started doing ads after every session. One ad impression doesn't make to much, but lets say 30% of the registered users have stuck around, that means 10m impressions daily on ads. This is still not a harmfull thing, but it sure is profitable. This is a fishy way to start off their venture, but not necesserily maliciously intended at all. I see Pi maybe having a future, if they can outcompete the already established coins and tokens, like Klever for example. It's gonna be exciting to see where it is in a year, but I don't have the higheset ambitions if im gonna be completely honest
It's an easy way for them to get rich. 20% of the total circulating supply rich.....
He says it might not be a scam. ! But here is my referral code. Hahaha
How much more of a recruit is this guy doing for his own benefit and pi new suckers
I noticed majority of people downloading this app got no fcking idea what crypto is. They are losers and I feel the earth worm is smarter than them.
When bitcoin came out many people thought it was a scam too. Everything has a risk. Mining pi doesn't cost any money. Wait until phase 3 then they can determine how much its worth. And how much pi you have mined will be used to change to crypto or exchange etc
Difference with bitcoin is you Mine money pi just gives it you for free mining requires processing to solve complex equations
@@tizzy070787 you don’t mine money. You buy Bitcoin because the demand for it has raised its price to where it is now. When PI is available the potential is there.
@@nithishkumar4548 is this app legit
If you turn off all the wifi or data usage on your phone, the "amount of pi" you have continues to go up. Its just a number
@@spaceghost438 i think it takes energy for mining from the phone electric power not data nor wifi
Put your real name.
All this even if it gives a dollar u will not be able to claim
Doesn't matter you an accountant or not, the title should be 'analysed by a biased pi enthusiast'
I didn’t start out that way but I guess I am now
Big question: say we lock up 100% of our Pi… the pi we’ll be mining from this lock up, would they be usable or with they be compounded to the lock up Pi ?
Don’t know if that makes sense.
Ive had the pi app for like 2 weeks now, i really haven't seen any ads yet?
I bet you've seen one today
@@clydealcott3379 nope
I joined 2 days ago wasting 5 seconds a day to possibly make some money is worth it lmao
Look at this guys most recent videos, he said that he was wrong about Pi. I guess he won't delete this video because he has so many views 😂
Well why not? It’s only 5 seconds and press the Pi button.
This is not ageing well.
"95% loose money...."
This has just given me extra faith in Pi. Thanks
Losing what?! 😂😂
@@rodrigobaltazar2110 pardon?
@@nefariousrig2070 I was saying, afraid of what? Losing nothing to get few bucks why not?
@@rodrigobaltazar2110 I was talking about the misspelling of 'losing', mate.
@@nefariousrig2070 that's true bro my bad
I think it's pathetic everyone putting their code here...
code: vrossello3
If it's scam theen why you give your invitation code😂
I think pi is a very accessible. Like its right their on your Phone all u need to do is log into the app and u can pay from their to the online store or at your local store or just sell out some. It kinda feels like a cash app "if it gets worth anything" and i dont lose any time at all minning it so i feel like its worth it anyways even if it turnsout that it flopps.
Invitation code - 09Eldorado
underrated
Biggest waste of time ever.. it will never hit exchanges. The 2 core team members are married . I’ve mined for 3+ years
Think about it. If they release the token their ad revenue would get nuked. No one is watching ads to earn 0.02 pi an hour lmao. When 1 pi is gonna be worth 1 penny at most 😂😅
what happens if you get married and change your name, what about your identity?
I would have thought that with such a wonderful surname... you would keep it, Dinca
Dont get married. Nailed it.
don't get married to not get your name to change !
You didn’t say much. Your title is misleading and there weren’t any points made to highlight how Pi is a scam.
If you bothered watching the whole video he actually says he doesn't think it is a scam. Seems like it's too much of a challenge for a lot of people in the comment section to work this out.
he did great. he analyzed the likelihood of a scam compared to MLM, ponzi and gave his opinion.
as for the title he wrote a question, and not a statement
its probably because this video is just another sponsored pi advertisement. trying to get you to buy into this scam for worthless coin in return. i could be wrong tho
@@oscarmike47 You are wrong because it doesn't have to be purchased
@@ectes since when has anything in this world come free. How do you know this app isnt just colecting all your data and you are vouluntarily uploading it every time you sign in. What would the perfect way be to distribute a virus or bot net. Hand it out for free. Make sure they voluntarily use the virus every day. "Reward" people by promising a useless coin. Get them to invite all their friends. Make it invite only to make it seem legit. It stinks to high heaven. But. I could be wrong. It could be some sort of social experiment.
This is a pi advert 🤣 you’re all wasting your time
I downloaded because Bitcoin was such a success and the app is free. My buddy is now mining faster so why not
Guys, let's make a voting for next video!
I want to see a video about Crop system, a new automatic yield farming system with unique protocols. They are going to make ICO soon and add P2P lending options for users. Wanna check what do you think about it
If they can legitimately make big money after list Pi to exchange markets, why they choose to scam? There are thousands of crypto on the market and sell for real money. Why not Pi?
these comments of their codes....BRO No Ones gonna use them
Mrs Jane is legit and her method works like magic I keep on earning every single week with her new strategy
Wow I' m just shock someone mentioned expert Mrs Jane I thought I' m the only one trading with her
She helped me recover what I lost trying to trade my self
Thanks for introducing me to Mrs Jane
Mrs Jane has changed my financial status for the best.all thanks to my aunty who introduced her to me
My first investment with Mrs Jane gave me profit of over $24,000 US dollars and ever since then she has never failed to deliver and I can even say she's the most sincere broker I have known
Dude you're spitting 1500 words a minute 🤦🏾♂️
Slow it down them stoopid
@@xavm3176 there's a better way to give advice without insulting someone
@@nowshadahmed6615 the original comment was an insult to the content creator. It's life. Get over it.
@@xavm3176 it does not matter who it was directed at, being ignorant is not part of life, you really need to educate yourself.
Invitation code - 09Eldorado
Peace.. Shalom.. Salam..Paz.. Namaste ..
🙏🏻 😊 🌈 ✌🌷 ☮️ ❤️ 💐 🕊
You say that it is a scam, and still show your promo code!
If you watched the rest of the video he said it’s not a scam. He states in the beginning of the vid “could Pi be a scam” you miss heard him there and didn’t bother watching the whole video.
nope he didn't say that its a scam just like that. he analyzed the probability
So many people desperate to get their code (unsaynted) out there....
I will comeback here, and prove this wrong
How much pi does everyone have? I'm curious to know if there's anyone with like 10 000 coins😂
Yea I've got 56,647 rn
@@Michael-tt4yx Oh wow.
15000 and counting Pi network Kingrico902
just started rn invitation code - postmixpi
You will be surprised some ppl from Japan have way more Pi.
So him giving us his invitation code at the end of the video gives it a real pyramid scheme feel to it. 1 guy gets potentially thousands of ppl to sign "under him". There must be some incentive for the users to get ppl to sign up, some kind of income earning multiplier. If u ask me
Not under him but around him, this isn't a pyramid scheme and you see if you try it
Yeah him and everyone here dropping their names believe this shit could take off. Could be a scam but what if it's not. Lohnwolf
@@yelbagsit45 but that's getting more cash for more people..you just saying the same thing whit extra step
You can get people to join under you and the people you invite also can do the same why don’t you look into it before talking down lol
As long as nobody is taking money it's all fine. Unless it's a hacking bot app.
and second of all there is absolutely zero ads on the app
@@zabiullah3194 not for me
There are on android only one tho and skipable
1. U didn't mentioned that Pi Network actually asks for real passport/(KYC) to be able to get money from this currency. That means it is NOT private & more likely NOT actually decentralized like other currency which gives you opportunity to do whatever you want with your crypto not asking any data from you. Here you've been told, that you will NOT get that currency and will NOT be able to do anything with it or you will lend your real personal data and you will be allowed. Which is not how private currencies works by it's idea. 2. There is NO ACTUAL MINING process going behind app user side, all that is a counter on (node?)server side that starts when you launching the app at 1st time which seems not really decentralized in it's idea. 3. This app asks your real phone number or Facebook to login. Not everyone trusts Facebook nowdays as well as it feels really strange of what purpose the real phone number serves for "crypto mining app". 4. Own Ideology, Big plans, Big promises, Pushing referral program. Since this app have all 4 first placed aspects to determine it as another scam pyramid, no need to be genius to do not trust it. Oh, Pi Network have 3 very racial differently CEOs who have some drama within which been thrown into public while already had solid investments shares. Now its clearly looks like a setup.
Thank you. You are right
Thank you, it feels like they're preparing for something but we just don't know what is their plan with all this pi bullshit they're marketing.
Dystopian a.i future that pi is ushering in
People always say it’s ‘free and doesn’t take anything’ when on the App Store, it literally shows that they collect all of your information and identifiers in all of their apps, selling them to advertisers.
what is in it for Pi when one clicks on that icon on a daily basis? other than the collection of one's data?
They get revenue from the ads
@@misterc435 what's next?
Once pi goes online, i wonder how they will do their verification of transactions... staking maybe?
uses some other system... scp
In the brainstorm section they have some ideas, passport or video verification.
They will do staking to protect the capital value and burning to add more price value.
Once people get to know pi is a scam, I wonder how the people who have said pi is real, try to recover their misunderstanding
How it work without Internet
Even if it is a fraud, by Stanford students of all people, they can't take anything from you.
It's a very interesting app in that it seems like it would be a scam, or an easy way for these students to collect some ad revenue. Like you said, it isn't a crazy amout but it's still possible. Once it goes live all they would have to do is slowly let it die and walk away with the ad money saying "Oh well guys, we tried."
do you know how to redeem coins to money, can you help me with that?
There are way too many people on the network, way too many apps and things being developed on the network, the ad money is nothing compared to a value 24million person, ACTUAL HUMAN person network has. Just the size of the network makes pi be worth millions if not billions. I dont think Standford PHD s in computer science es pecially would let something so valuable die. Lets just all wait and see...
And what did you lost? What was taken from you? 🤣🤣🤣
Unbelievable how i was able to i recover my hacked crypto funds. I most recommend him because i he did a legit work for me.💯 #GRINDTECHIEI
Скам ?
I knew it that he's gonna promote it in the end 🤷🏻♂️
It’s a good project tho
I'm already a member. Just waiting for the day it'll stand against BTC and ETH
@@RahulSoni-om3yl .....don't think that's gon' happen brother.
@@jarodschoeman86 Well they are in their own league but Pi could be the next big thing since it would have more reach. It's just about developing an ecosystem that actually has an impact.
I have been waiting for this.
We are the same but opposite
I got so confused because I thought I posted here and I've never seen this video before 😂
@@sexisquidward Hey
Wass 100% sure it will happent hehe
Is scam or the coin will really work ? I dont understand english l
Holy shit a ps3 what the hell is that 😂👍🏼
Thank for sharing!
Invitation code - 09Eldorado
It's actually a brilliant strategy, instead of downloading then forgetting about the network this forces you to be proactive, and reward's you to expand the network. And one someone forgets to hit the mining icon I first text wait one minute then call and If I get voice mail I threatened them, then wait another minute then I'll drive to their front house start pounding on the front door scream at anyone who's there until they start mining I won't leave them alone. F@ck up my mining rate! I don't think so!
Haha
Idk I quit mining for like 2 years and still have 1200 pi I got in when mine rate were crazy high.
Scammers👇
If your Phone Charge isnt Draining or Heating Then There is No Proccess or Mining done.. thats How you know PI.
Hmm, can u tell me a little bit more about it?
These people who did not buy Bitcoin and now are crying.
Code: Denver1157
james please do a video on robinhood restricting the ability to trade stocks or the whole wall street bets situation
Got you guys!
INVITATION CODE: PiCAMER
@@llllllll4465 Boi can i join your security circle?
"Youd have to argue that facebook, youtube...are a scam"
They provide value. Gaining worthless Crypto that can't be spent on anything while in return you give them your valuable time and they get ad revenue is the definition of a scam. Something for nothing.
Absolutely! It’s the same principle and we can’t even confirm any case of data theft so far on pi
It takes one second to push that button to start earning, and if they get ad revenue it probably isn't much considering the amount of time you actually have to spend on the app
@@Jojobinks9898 except they have millions of users who thibk like you, and it all adds up for them while giving you nothing. Think critically.
@@Jojobinks9898 they take your time and your personal data and get paid for it, because they tell you they will at some point get rich. Tell me, are your richer for using the app or are you still waiting?
Cause the developers(whoever they actually are) are getting richer every day. Not you though.
@@danieladams1752 but crypto will be mainstream one day like fully mainstream and you never know what they could let you do with Pi. For instance the Dallas maverick owner just announced doge coins can now be used to buy tickets etc lol.
code: Denver1157
code: trues
mining 24.7
*[+1-9_5_6-2_3-2_8-6-1_5]*
Do. Well. To Respond .....
idiot
Good video; Pi isn’t a scam, it’s an actual group of people with a ‘fan base’ trying to make it into real existence. Anyone who says it’s a scam or has negative things to say about it either just wants money or knows little to nothing about crypto, pi etc. A lot of people with the Pi app still ask questions when all the information is available to them on white paper and on the videos they put out.
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mine now, don’t miss out🚀
Shut the fuck up bitch it's a scam.
😂😂😂we found a pi miner
So why I've been muted for asking : what's pi arts for ? Is it another strategy for delaying answers regarding Open mainet or KYC problems ?
Use mayur4115
Well, I'm partially convinced it's not a scam. The question now is, what the hell is Pi?
It'll be something that no one has ever thought of
A..... Number?
3.14
Now all should be said
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Cod: namem12
It is most definitely a scam. There is no Pi crypto and there is no mining. Your device doesn't need to be running to get Pi and the only way to mine more is to recruit people.
Pi is literally approaching Mainnet. I can understand that the older comments don't know this but how can you not be aware of this? Have you been living under a rock?
@@adam_1144 I'll believe it when I see it. Nothing I said was incorrect. There is no mining or Pi crypto.
@@lakojake4215 It's not mining. It's earning. By earning Pi, you are reserving that amount for when mainnet launches. Who says you need to mine for something to have value? You simply have to verify transactions and have ledgers which Pi Network will have. Pi intends to have a marketplace where you can make transactions with Pi. Pi Network isn't a pump and dump scheme either. There has been far too much work put into Pi for it to be such. The ad profits the core team is making are just what they need to get paid to work on Pi. You can literally turn off ads. I see nothing scammy. The only risk is that it doesn't take off and who cares? I didn't put a single dollar into it. Out of curiosity, do you have Pi Network? If so, how many coins?
@@adam_1144 I know it's not mining, there is no mining. lol
There's also no crypto. You keep running the scam app. I'm not gonna a try to stop you.
@@adam_1144 Yes, I used Pi network for a little while until I did some research. Its pyramid scheme structure is why I looked into it.
Bee referral: nsapato1
Pi referral: Chongololo
The developers identities are known and they are promoting it, so pi can be new philosophy crypto coin, but still it's blockchain, TPS, smart contract potential everything is oblivious right now... I hope this projects launches soon it's mainnet network...
If you know so much about crypto, why dont you spend your time buying high potent existing coins/tokens? I hope you can give yourself a good smack in the face
@@thechong816 yes I have invested in many potential projects with small market cap. But there are always some projects that we been involved with for long time that we naturally hope that project become successful...
@@marleymomo9582 do you know the real technology required for mining? You need lots of GPUs and CPU power to do so. This Pi Network is earning from selling your info and data through KYC. Come on, hope? Is this a religion wtf
Code:elpau
how can I convert my pi into USD?
U have to wait until it goes live or to phase three🤷🏻♀️
Hi how are u
This video does a good job in giving perspective. Thankyou 👍
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Use code: matkoGay if not gay😉
Thanks for commenting, i will refer you to my trade analyst and accountant to make good income, go more on digital assets.
Well..some people use this situation to scam another people..by promoting the GCV 314.159 USD..many opportunities to scam others..
I already sold my 2400 pieces of pi for 1.5M naira .....so what's all this against.pi?
When you love what you do, you would do anything to get it back like your account and community, it’s like a metaphor for being your father and the channel and the community your children doing everything they can to get it back, thank you *modehardbox* for everything and gives us an example that you fight for what you love ❤❤….
Korean Chinese food 1Pi = $50 can be ordered after KYC.
The boss set the price at fifty dollars per pie.
PI holders can use post-open mainnet lunch at a value of $50 per Pi.
The heck is Korean Chinese food? It sound delicious 😋
hahahahahahahahaha...this was a 7:54 min commercial for Herbal Life...errr....Pi crypto.
How could it be a scam when there is basically 0 capital to start with?
There are ads in the app which makes the creators earn from it.
I don't think so as some coin that are created are absolutely nothing if it is a scam they would be stupid. Because they have this massive following that's huge opportunity for someone to start a successful business. Be a fool to waste it.
In use Pi more then 7 months and no problems...and I don’t see any ads...
Well I am at a zero investment and didn't pay a cent so it doesn't matter. If it happens it happens if it doesn't then so be it.
Bro this video have no info they constantly promoting a scam
@Mostly Finance Not once in this whole entire video did you even cover anything an Accountant would, you pretty much just spoke abut pi and said you don't think its a scam and then proceeded to share your invite code. Times like this I wish the dislike button still kept a count.
One Pi One World!❤️
Always Active Mining !😍