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Questions and StoriesCategory: Questions🥇Pi Pioneers Reach 10 Million
Edward Duffy asked 1 month ago

🥇 Pi Pioneers Reach 10 Million

I noticed on my Pi app this morning that the number of pioneers on Pi has reached 10 million and the mining rate is about to halve and they are saying that the mining rate may reduce to zero in 1 year. This is to ensure that the crypto currency is scarce but also to make it attractive when it goes to the free market. Have you started mining Pi? What price do you think Pi will reach when it goes to the market?

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15 Answers
Leno Jean Pierre answered 1 month ago

For now we can’t predict any price as the pi cryptocurrency isn’t in the market.when it will be available in the market the supply and demand for it will give it a value. I expect it to reach a good value as soon as it reach the market.

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Gareth White answered 1 month ago

If you remember though Bitcoin opened at something like 0.83 so I would presume that Pi will follow suit to some degree

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Kenneth Ogbonnaya answered 1 month ago

Yes ooooo. I think the mainet is around the corner.

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Ahmad Khasan answered 1 month ago

Yes, I have read that too. It is great to see they reach that level so fast. I think we will need a shorter time for Pi to develop a considerable price because people awareness of cryptocurrency is a lot higher than it was when Bitcoin was launched.

Ramachandran Suppan replied 1 month ago

Yes , it already reached 10 million mark .The mining speed already reduced to half of the normal speed . We have to join new members to increase the mining speed.

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Jackson Mugarura answered 1 month ago

Indeed it has already become difficult to mine pi which may also have an impact on the value. Since the halving of the mining I have managed to mine only 5 pi coins in 24 hours.

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Leno Jean Pierre answered 1 month ago

Now it will be difficult to mine lot of pi in a single day as before, we have to invite new pioneers in order to increase the mining rate.

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Ahmad Khasan answered 1 month ago

No, Leno, it is not. The mining process is the same as before, and it is not getting difficult. Only the mining rate is decreased. However, you can increase it by referring more people to join your network. Start with your family and relative.

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Leno Jean Pierre answered 1 month ago

Yes i have already sent my referral link to several people, closest friends and family members. As you not people are hesitant and want to wait the latest time when it will be too late.

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Steinar Kloverod answered 1 month ago

I think Pi is doing great.  My problem is that my family and friends don’t understand the function of crypto currencies and how it works.  It is also difficult to explain that digital currencies can get a value just out of mining and the number of people doing so.  It is also difficult to explain that demand and supply will have impact on the value and that you don’t have to pay to get possibility to join the Pi forum.

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Leno Jean Pierre answered 1 month ago

The pi core team is working hard to make the project successfull.i have watch the video uploaded on my pi account, it was great to hear And see the progressive work they have been doing.

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adharad answered 1 month ago

I am a new member of pi pioneers. My Pi coin is currently around 300. Hopefully this coin can reach a price like bitcoin or even surpass it.

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Kenneth Ogbonnaya answered 1 month ago

I don’t think it will reach up to that amount, but let’s still go and see how it goes

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Ahmad Khasan answered 1 month ago

Hi, Ad.
 
Pi has that potential. In a year, Pi network has 10 million engaged users. Please note these are active users. It is a huge network. And I also hope that after the ICO (Initial Coin Offering) the Pi price will reach the level of Bitcoin in the next few years.

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Leno Jean Pierre answered 1 month ago

Yes Mr Ahmad, we all are expecting this. If pi coin value raise, it will benefits all pioneers and make lot of millionaires as bitcoin did. I’m happy to be among them,thank to luckscoutclub i’m not missing this opportunity.

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adharad answered 1 month ago

Ahmad, I hope Pi’s future will be seen soon. I hope the Pi Poin price will reach the bitcoin level very soon

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