u/brianjoshuanoah

▲ 157 r/PiNetwork

I stopped mining. I’m holding for a miracle. Will never come.

Mining is pointless. I’ve fully vested. I’m not mining anymore. Got my last migration. Lost only 400 pi over some people not KYCing.

3 things that killed the project.

Pi selling coins. I put 5 years into clicking the button every day. There was value in that. Being able to just buy coins from a near infinite pool and suddenly making them available decreases the value. They got their payday, we never got ours. Purchasing should only have been from the pool of already mined pi coins. Not from giant supply. Showing it was indeed actually worthless.

Miscarriage of a go live. Not being able to sell my coins in the US market and set an actual price, made it so that third world countries set the price. When it went live, the only source of pi was from mined pi, not from the pool. They did a poor job of planning and shot themselves in the foot. Bypassing the majority of users that could actually bring them value.

No communication or clarity on what my confirmed pi would actually be worth, when migrations would happen, or what the process was. Blind faith kept me clicking the button.

5 years and 13 confirmed people on my list netted me about 5k pi. I did the hard work of sharing their vision.

I’m not usually wrong about investments. If they had followed through. I’d be sitting on a lot of money right now. They were short sighted, saw an opportunity to make a bunch of money, and for all intents and purposes abandoned the project.

1 out of 5 stars. Won’t mine again.

reddit.com
u/brianjoshuanoah — 3 days ago