/biz/ - Business & Finance

Bump
heard about people mining it on their phone, phase 3 is set to roll "soon", but this whole thing reeks of shit to me

>>24146576
How does it provide any utility? Just because "newbies can mine"? That's literally the only selling point I've seen on their website, why would any retail investors want this PoS let alone institutional investors? It has no real use case, if you want convenient cheap coins to send, use XRP, if you want a proper mineable and verifiable coin, go for bitcoin. Just because its mineable on a phone allows for high supply, zero demand.

I got 8.5 of these coins now. I know it most likely won’t be worth anything but it doesn’t take a minute to check my phone to start mining each day so it was worth the try.

I got like 650Pis
Ive been mining for more than a year.
Why wont they hurry the fuck up.

>>24146488
>should i buy
the thing is anon, you cant buy it, or sell it, only mine it
i was mining this shit like 2 years ago waiting for them to actually let us sell the coins, i deleted the app ages ago


the whole pinetwork app just seems to me to be getting the app installed on as many phones as possible. The token does not do anything, i will be very suprised if it ever is worth anything. Where is the demand? when we are finally able to buy/sell this, there will be tons of people that have been mining this waiting to sell, where is the buy pressure going to come from


would love for this to get some value so I can dump my 10k or so, but I accepted long ago that it would never be worth anything