/biz/ - Business & Finance

[Anonymous No.16821188]

>Pi will be worth nothing
AAcoin futures are at 0.15$ and the core team has already purchased a domain with Pi tokens.
>Pi is a scam
You can not be scammed if you do not make an investment. The devs can not sell their supply unless they put Pi on exchanges. Simple as that.
>Pi is a front for data mining
Extremely unlikely. They've been delisted from the playstore once and been under close scrutiny ever since. Building an entire Cryptocurrency infrastructure in order to grab some data that could have just as easily been mined by some copy paste freemium game is highly convoluted and inefficient.

Maybe the project will collapse or your 10k Pi stack will peak at 10$ before Pi bleeds into obscurity like Electroneum did. But there is no scenario where you come out with a net loss. All you have to do is press a button every 24h, that's it. You'll be able to operate nodes by the end of Q1 2020 if you want to contribute more strongly.

If you want to give it a shot, use referral code
MakroMakro
and join my earning team.

[Anonymous No.16821197]

AAcoin futures, pic related.

[Anonymous No.16821205]

dont use this scammers code. He has been littering the board with pi posts for weeks.

Use code maggie99 for staking rewards and 2x mining rate

[Anonymous No.16821232]

Chink Pi farms.
There's strong interest to mine large amounts of Pi, however scammers will not be able to pass KYC for a majority of their fraudulent accounts. Current Pi supply is suspected to be 800 Million, but could be much lower taking illegal Pi into account. The illegal supply will be burned, mostly likely countering the strong initial sell pressure.

[Anonymous No.16821271]

code tsotac
That guy is a liar, there is no difference between the codes.
So use my code.

[Anonymous No.16821287]

my referral is jessenguyen

[Anonymous No.16821296]

Some more info: The Electroneum chart may provide some indication for Pi price development since it is an in-app mining project also, though they differ in some aspects. The approximate price range of 0.1-0.2$ for the months following initial listing fits nearly with AAcoin's evaluation.

>>16821205
I make occasional threads, yes, usually 1-2 a week. I don't spread false information unlike many other Pi posters and I answer questions about the project to the best of my ability. We both shill the same thing so I don't see how you could possibly take the moral high ground...

[Anonymous No.16821326]

The Pi Network App will likely hit 10 million users by the end of February. After that point, mining for new users will most likely end, as detailed in the white paper. If you want to get in, this is probably your last chance.

Use code: MakroMakro to activate the app and for mutual mining bonus of 0.1/h.

[Anonymous No.16821329]

holy shit big if true
feels good holding 5 figures of Pi
>mfw I could make thousands of dollars because I clicked a button once a day

[Anonymous No.16821347]

Why won't these faggots release an actual product? As soon as you can trade this shit it will be a race to the exchanges to dump, nobody wants kyc coin

[Anonymous No.16821385]

>>16821232
If those pi can't be moved to an exchange in the first place because they don't pass kyc then it doesn't counter the sell pressure if they are burned. The only way to do that is to have buyers which will not be happening. This thing is going to hit tiny fractions of a penny and the only people who will be able to dump are the founders who are probably preloading their coins on the exchanges

[Anonymous No.16821444]

As soon as this hits a dollar I'm dumping

[Anonymous No.16821452]

I only have 200 pis how do I mine faster? What's your mining speed, I think I got in too late since my hourly rate is 0.24

[Anonymous No.16821476]

>>16821329
Early adopter principle is in maximum overdrive for crypto projects. It's entirely possible that people with 10k+ Pi will make a couple hundred or thousand bucks. That's huge for basically a zero investment. It's only a guaranteed loss investment if you're already rich or your hourly wage is so high that it will most likely trump the 10 mins of button pressing plus 30 mins of shilling a month. But let's not kid ourselves, this doesn't apply to the majority of /biz/ posters.

>>16821347
I absolutely agree. If the devs have been sitting on their asses the last 12 months Pi will be the biggest pump and dump of 2020 both in terms of holders and value.
However, there's at least the possibility that they will deliver some or all the infrastructure that is outlined in the white paper.
Here's the most interesting in my opinion: The marketplace/storefront will be a digital marketplace where people can offer and purchase products using Pi, Amazon or eBay style, the specific mode is unimportant. People will want to cash out but they will also want to verify the Currency functionality of Pi so there will be a huge demand (remember, 10 million users) and little supply. Literally just put up some random digital product, take in a couple hundred k of Pi in a month or so, while sporadically withdrawing your supply through an exchange before the value collapses. In fact, if you establish yourself strongly enough you might be able to continue for some time and make yourself somewhat independent of the token value, simply adjust your product price to the fiat exchange rate.
This is just one of the many things the devs have planned. If they pull through with just one of them there will be plenty opportunity. 10 million is not a small number of users, there is value to be extracted and there will be, I'm sure.

[Anonymous No.16821485]

Add me bros

Code poopzmcgee

Mine pi dot com

[Anonymous No.16821552]

>>16821385
I guess this is the worst case scenario. But I don't think the price will collapse as rapidly as you predict. There are many users who are outright delusional about Pi, you can see it in the chats - they will buy more. Then there's a big portion of people who value the time they have already invested in the project and they will hold for some time or sell only a portion, especially if the price fluctuates (even with a strong downwards trend), you need to keep in mind that of the 10 million a huge percentage are semi-literate retards and then there's a huge number of phone normies who won't be able to use exchanges properly. Then there's the people who only have gotten in recently and have <500Pi upon listing. They will most likely sell everything.
Again, I think Pi will look much like Electroneum. There's many variables. But I agree with you that the downward trend is pretty much inevitable.

I think >>16821444 is outright unachievable. 0.001-0.3 is the range I'm hoping for.

[Anonymous No.16821585]

>>16821552
Curious on how much passive income a node will bring. Will be huge if I dump and buy something else

[Anonymous No.16821590]

use my code for a bonus

>jessenguyen

[Anonymous No.16821618]

>>16821452
As you may have deduced from this thread you need to shill your invite code to friends or strangers. They join your earning team and both parties get a mining bonus. It's a method characteristic of pyramid schemes though this is not a full-blown ponzi since you you only profit from your invitees, not their invitees as well.
If Pi should hit 0.5 by some miracle and hold it for a few days then the random guys who wrote the top reviews on the play and app store with their invite codes included will become millionaires. Such is the 21st century kek.

[Anonymous No.16821651]

>>16821585
Agreed. I need to read up on the specs required for nodes. Unfortunately I missed the application for the transfer pilot. The node operators will probably be selected from these pilots of which there are 90k, apparently. Did you get in?

[Anonymous No.16821709]

>>16821618
I don't like the fact it wants access to my contacts.

[Anonymous No.16821772]

Jrod112

[Anonymous No.16821828]

I have 5000 pi. When moon goys?

[Anonymous No.16821841]

>>16821709
Me neither, but this is pretty much a given with apps nowadays. All apps mine your data, the whole industry is built on it. Now contact access is specific but it's clearly to guide normies to send invite codes directly to the phone numbers in their contacts, it's even the preferred option when selecting the security circle. I'm sure it's effective, especially with teenagers, women and people from third-world countries, so a sizeable portion of the user base.
I don't deny that there's the possibility of shady intent on top of this with the contact access but personally I consider it to be unlikely.

[Anonymous No.16821856]

>>16821709
Anyone mining pi gets blackmailed confirmed

[Anonymous No.16821862]

>>16821828
10 million users and next halving February or March
Exchange listing Q4 2020
Moon (or pump) if it happens at all, late Q4 2020 or early 2021

That's my prediction anyways.

[Anonymous No.16821881]

>>16821856
By whom? The devs themselves? Or are they going to sell the contacts plus incriminating data from your phone to blackmailers? Is there some precedent with similar projects? I'd like to assess if this is a real risk, even if it's unlikely.