您现在的位置是:Is Pi coin a good investment or a scam? >>正文
Is Pi coin a good investment or a scam?
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛166人已围观
简介Pi Network has become one of the most popular projects in the “cryptocurrency” industry....
Pi Network has become one of the most popular projects in the “cryptocurrency” industry. The coin, which is yet to be launched, has millions of users from around the world. In this article, we will explore whether the Pi coin is a good investment or whether it is a scam.
What is Pi Network?
Cryptocurrencies have become extremely popular in the past few years. At their peak, all cryptocurrencies had a market cap of over $3 trillion, with Bitcoinbeing the dominant player.
While cryptocurrencies have gotten popular, they have not yet gone mainstream like fiat currencies. At the same time, the process of mining them is relatively complicated and expensive.
Pi Network is a company that hopes to change this by making it extremely easy to mine cryptocurrencies and spend it. Unlike Bitcoin and Ravencoin mining, anyone can mine PI coin provided that they have an Android or iOS smartphone.
Pi Network has become incredibly popular. According to Google, its application has been downloaded by more than 50 million people. Of these users, 536k of them have left their reviews, with an average rating of 4.5*.
Pi Network has also been downloaded by thousands of people on iOS, where it has an average rating of 9.3. Therefore, it is estimated that Pi has more than 10 million active users. This is a huge number since it is an invite-only application.
These users mine cryptocurrency by just logging in to the app and pressing a button or watching an advertisement.
Pi Coin price prediction
Unlike popular publicly-traded cryptocurrencies like Ethereumand Polkadot, it is impossible to do a Pi coin price prediction since it is not listed in any exchange.
Pi holders cannot cash their coins for cash. Instead, they must hold it in their wallets and hope that the developers will list it in exchanges.
As such, a commonly asked question is whether Pi Network is a genuine cryptocurrency or whether it is a scam. While there are many proponents, I believe that it is a scam for two main reasons.
First, Pi Network was launched in 2018 with a promise that it will be listed in top cryptocurrency exchanges like Binance and Coinbase. A full four years and it is still unclear when it will be launched. Second, it is hard to see how Pi Coin will derive its value even when it starts trading.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/274315.html
相关文章
Legislators could hasten crypto regulation
Is Pi coin a good investment or a scam?Terra’s recent collapse could hasten cryptocurrency regulation by legislators, according to Je...
阅读更多
Crypto and fiat are not compatible today
Is Pi coin a good investment or a scam?The cryptocurrency market has recorded massive growth in recent years but there is still a long way...
阅读更多
Bitcoin on
Is Pi coin a good investment or a scam?On-chain analysis is fascinating to me. Exclusive to the blockchain, it doesn’t exist outside...
阅读更多
热门文章
最新文章
North Korea's imitation of US 'Hawk' and 'Reaper' UAVs officially showcased
Fashion brand Balenciaga follows Gucci in accepting crypto payments
21 Unexpected Wonders in Colorado’s Vibrant Cities and Small Towns
Latest TRON price forecast for June 2021
South Korean police freeze assets of Terra (LUNA) Foundation Guard
Concerns grow over the integrity of the Binance Smart Chain