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๐•Ž๐•™๐•  ๐•Ž๐•š๐•๐• ๐”น๐•ฆ๐•ช โ„™๐•€ - PI Is Not Getting It Up by whywhy

View this thread on: hive.blogpeakd.comecency.com
· @whywhy ·
$1.41
๐•Ž๐•™๐•  ๐•Ž๐•š๐•๐• ๐”น๐•ฆ๐•ช โ„™๐•€ - PI Is Not Getting It Up
![Designer (44).png](https://files.peakd.com/file/peakd-hive/whywhy/AK2EeJSxQGMa2dYMnpWVaVRE65onDZjWe82iLxYUqjqb3XuKh8x7Qm8EeaGWbMJ.png)


**This PI thing keeps getting more interesting.**

**Last week I explained how the PI Core Team possibly holds 1/3 of all liquid PI.**

- [โ„๐•’๐•กโ„™๐•€ ๐”น๐•š๐•ฃ๐•ฅ๐•™๐••๐•’๐•ช - PI Did Not Get What It Wished For๐Ÿ“‰](https://peakd.com/hive-167922/@whywhy/-pi-did-not-get-what-it-wished-for-3kk)
---
They are so liquid that, without a clear burning process, 10 million liquid PI just disappeared from the market at the hands of the PI Core Team (PCT).

Previously, I explained how NOT Decentralized PI Network is....


And both seem to find more and more proof. After Bybit CEO Ben Zhou called it a scam last month, we now have another CrypVIP pointing out the same.

> Justin Bons, Founder & CIO of Cyber โ€‹โ€‹Capital, recently called it a scam, pointing out flaws in its technology, tokenomics, and centralization. Bons highlighted Piโ€™s reliance on Stellarโ€™s โ€‹โ€‹technology, lack of decentralized finance potential, and Ponzi-like mining structure.

1/9) WARNING: PI is a straight-up scam! โš ๏ธ

> Offering an "MLM" based "mining" scheme on mobile is a gimmick, as it does not contribute to consensus!

> PI is fully permissioned (centralized) & everything requires KYC, even simple TX's!

> PI is an investment scam; it is that bad: ๐Ÿงต

 > Justin Bons (@Justin_Bons) March 19, 2025

#### Decentralized My PI
In addition, a Reddit post asking, โ€œWhat is a SuperNode?โ€ got a vague responses from the team, only highlighting their technical role without explaining how to participate.

Seems Supernodes are not available for Pioniers.... 

During the testnet phase, Pi Network had only three SuperNodes, all managed by PCT. Talking about being centralized, now with the main net, there are 42, but they seem to be more for show....

#### Binance Hates Us
Then there is that Binance thingy....

PI Peeps all voted to be listed...so far they did not. The craziest of stories are flying around like Binance asking 50 million for the listing.

Binance wants money without issues, so when PI was ranked #11 there was money to be made...
Binance would list a top coin like that for free....if they were sure it would not cause trouble down the road.


![image.png](https://files.peakd.com/file/peakd-hive/whywhy/23yd3rkYrzcoBmbn4N8B4BUCU2YNHwigsdSFF4DYg6P8kxqhJCPwsthnxAJvuM2xrWUhZ.png)

---
PI People are now getting annoyed with Binance and many point out that it is important to support projects with strong fundamentals like PI over meme projects with no utility. 

>  - Many one-star reviewers accuse Binance of "tricking users into depositing money to vote for Pi," "disrespecting the Pi Network project," and "exploiting Pi supporters' trust." 

The thing is, PI is not much different than a meme coin, I mean I said that before as well. 
Itยดs a community-driven coin with no use case and no clear tokenomics. 
The peer-to-peer trading it entails can also be done with DOGE or SHIB.

The real reason it did not get listed after the poll on Binanceโ€™s โ€œVote to Listโ€ campaign got 86% in favor was because PI has itยดs own Blockchain.

Many PI People really expect Binance to list their token, but no one from the PCT ever told them that it would not... instead they fueled the hype, and then rejection is a slap in the face.

#### MY TA
As Binance was the only positive thing short term, we saw massive sell-offs start, so I did some TA:

![image.png](https://files.peakd.com/file/peakd-hive/whywhy/23t74Zkkg4KenPhyAVBP21P4h7FYf64puNsRFWek8FiMm3GeZYHnPnXqtYmttL78oSMVJ.png)

Then I found something in the chart:
![image.png](https://files.peakd.com/file/peakd-hive/whywhy/23tGVhq9PpDDiRg4WMfwiDUN1TtEa5S4ZMaCYZSLgjdutwgACQvt56BzMkhUA5ft6ig3p.png)

Of course, some people see the upside...

![That will not age well](https://files.peakd.com/file/peakd-hive/whywhy/23rBHtge7vqtULayAiwPbRq78ivEvgQ8tMknr8ZAzc9mFesMBHmma5Et5ctrAh9ctij4k.png)


Now, to be honest, the one-month chart...basically, since the go-live shows a clear trend.



 https://img.leopedia.io/DQmRfXqBc5JP4xhPerFoCWNJvBmqSQxvyn8UVEc7fEQd8ky/image.png 



The trend tells me I am looking at an overhyped shitcoin... 
The data tells me, if people get free tokens for tapping their phone and calling it:
![untitled.gif](https://media.tenor.com/4SiuCvxM5PYAAAAC/minecraft-mining.gif)

MY TA tells me I would sell with MOFO speed because itยดs free money...*may the fools be with you.*

#### True Pi Spirit

Or maybe I miss the true PI Spirit:

![image.png](https://files.peakd.com/file/peakd-hive/whywhy/48GCJ3qTAmb2Me5XxSSycekVGygcQp7mXBeo3rJ4RVHEWjT7i7BCfr4JKhdczEmc7A.png)

Or Maybe NOT

![image.png](https://files.peakd.com/file/peakd-hive/whywhy/23zvResXDCTDTsGwvUddEWMDhkCERimZ39eTdbwfRKGD6LPL3xHMMqXytQGhJbsZJUMbP.png)

#### SELL SELL SELL

This is what you should have done...


![image.png](https://files.peakd.com/file/peakd-hive/whywhy/23t74yLbXFDUuLaeqdGDxVy3smuBJdqAnDGkfvdRh8247Nset8uiG7yzEAW4YyAnginxo.png)


![image.png](https://files.peakd.com/file/peakd-hive/whywhy/23tbH2xzE3USmdemE8kYcJr8JEmeJFym5LZ9MzgHEfd4VtDsNgzyLkR4f11DXLpFgFUTJ.png)

Lucky most sold before the 21st as they saw this coming:



![image.png](https://files.peakd.com/file/peakd-hive/whywhy/23xKkCghNK4NZKaQHqYrW1ZXkyfbJbjo2AMR4gh1wH8sxdqZzBbVgm3mReysXYjECpBH6.png)

100 million token unlock, and if you remember what I said about current liquidity last week....  adding 100 million to a 600 million liquidity will dump the token if there is no use case... and itยดs free money!

Because 63% is locked up...these poor PI People see the price dump and know that all their PI will be worth....

![image.png](https://files.peakd.com/file/peakd-hive/whywhy/23t74jp2x6NJK49XQu43L5WawNHt5Z4XcAftntPuAE9jQX2b9hbKbvV7Kk7zdaUg1XffZ.png)

But it gets worse.... April: Unlock 115 million tokens, May: 182 million PI tokens get released, and in June: 222 million.

How is that for some extra selling pressure?

![PI Believers Are Like](https://media.tenor.com/YTqzj1h9t1EAAAAC/polygunnerz-t3play.gif)

#### I just donยดt see it

Try, try, try...try to see why to buy PI?

I mean the only thing that PI Peeps come up with is----do what BTC did 6 years ago:


![image.png](https://files.peakd.com/file/peakd-hive/whywhy/23tRvSgr5hxYi3WnYMgTQD4Z7csHgbifCz5J9EK7eFPzXTUgPek8Yf6QRsi4SGR5Bbpjc.png)


Oh right crypto casino.....that is new:

![image.png](https://files.peakd.com/file/peakd-hive/whywhy/23tkmuxqkhSBrTGNtrAsDoVkAhFRVRcBPacE3akCnDQrhSMwfVQst7h6nU2raB4gDBj4k.png)


This community thinks they invented the wheel, which actually happened already before you were born.

The gullibility of humans with dollar signs in their eyes is scary. People keep believing that their PI will hit the SKY and moon in 5 years.

![image.png](https://files.peakd.com/file/peakd-hive/whywhy/Eo1vw7dQWRpctiRZ2wqnbDzjiEuwDRJg9aT4cPMJn9SEo91uhVa63CF7SgVZb4c6aZh.png)


I keep being reminded of that other great community token with a lousy team that never created a true use case or thought about real tokenomics....

#### Yes, It Is XTM ALL Over Again....

**Let's look at 5 years of XTM:**


![Just Saying....I might be wrong](https://files.peakd.com/file/peakd-hive/whywhy/23t75BRJeitA5URZy2ytNx4kM8xysMAjJGMogf5KUVqfbDiZUjKXEFUAPJgWwhn6Syjez.png)




There is very little happening to rebuild trust, there is a PIDAO community plan.  

To make PI great again, or at least more transparent, but if you need that, you are already lost...this is blockchain, transparent should be your middle name.....

Secondly, the DAO might settle some community nerves it will not attract any new investors.

**Or does it:**

![image.png](https://files.peakd.com/file/peakd-hive/whywhy/23tv6DCk7xwiM7FghNnGmjqBhkDMZU8cMecgS4HBAkPY7jN7BBxrvP5xMELGwMfJhyKnX.png)

Well I think somebody just bought a whole lot of nothing there...but hey I am no expert. I don't do advice,  NTFAFB, or rather; never take financial advice from a baby.

#### Previous PI Posts

- [โ„๐•’๐•กโ„™๐•€ ๐”น๐•š๐•ฃ๐•ฅ๐•™๐••๐•’๐•ช - PI Did Not Get What It Wished For๐Ÿ“‰](https://peakd.com/hive-167922/@whywhy/-pi-did-not-get-what-it-wished-for-3kk)
- [๐•Ž๐•™๐•’๐•ฅ โ„๐•’๐•ก๐•ก๐•–๐•Ÿ๐•–๐•• ๐•ฅ๐•  โ„™๐•€? - #11 on CoinMarketCap = Bigger Than LINK](https://peakd.com/hive-167922/@whywhy/-11-on-coinmarketcap-bigger-than-link-d1f)
- [๐•€ โ„‚๐•’๐•Ÿยด๐•ฅ ๐”น๐•–๐•๐•š๐•–๐•ง๐•– ๐•€๐•ฅ - PI Network Live & Above $1](https://peakd.com/hive-167922/@whywhy/-pi-network-live-above-1--7ev)
- [๐–๐‡๐˜ ๐๐ฎ๐ฒ ๐๐ˆ???](https://peakd.com/hive-167922/@whywhy/--hwx)

#### *Disclaimer*
*My Curiosity Into PI Network is purely professional, I had my doubts since I investigated the Network 5 years ago and now with this Mainnet launch I just had to follow this journey....*

*Am I watching a train wreck that is ready to happen, or was I wrong all the time?*

---
**Thank goodness you made it till the end Pees, Love and I am out of here!**


![7b4bio5hobgt1ToxyJNZ2CBe2hrJJxxFumrTYgdiB16dsHGkxy5u76CazzWvqFF2QrUhpgF5xLxmS2q7VwUhnMWnzGxLvtVwLK63GxKBL3zywKjfUutoyv7Y8T6T2RHUAV7yewHAD2devsQt1qdMFKPjMGi1 (3).gif](https://files.peakd.com/file/peakd-hive/whywhy/AJg2Vree7ihDixXc54Q6c84ZhRa4d1LiiD4hF11AiRy4s7Z5c9zwLpLjX5YzL9F.gif)




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@bozz ·
$0.05
I'd rather eat pie than buy pi.
๐Ÿ‘  
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@whywhy ·
$0.03
I rather have 1 pie on my plate than 10 PI  locked ๐Ÿ” in the sky !LOLZ
๐Ÿ‘  
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@bozz ·
Haha!
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@lolzbot ·
<div class='pull-right'><center><img src="https://lolztoken.com/lolz.png"><br><a href="https://lolztoken.com">lolztoken.com</a></p><br><br><br><br></center></div><p><center><strong>My wife accused me of being immature.<br>I told her to get out of my fort.</strong><br><sub>Credit: <a href="https://peakd.com/@lofone">lofone</a></sub><br>@bozz, I sent you an <a href="https://lolztoken.com">$LOLZ</a> on behalf of whywhy<br><br>(1/4)<br><div class='pull-left'>https://files.peakd.com/file/peakd-hive/cryptoshots.nft/23xoaireZsyZCrvZLKneUuKiKWkGSajVRi9FspoMe3F5bpYmsQR8tyvNzoiQ3uJLLfqPy.png</div><br><h2><center><a href='https://play.crypto-shots.com'>PLAY</a> & EARN <a href='https://hive-engine.com/trade/DOOM'>$DOOM</a></center></h2></center></p>
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@pizzabot · (edited)
RE: ๐•Ž๐•™๐•  ๐•Ž๐•š๐•๐• ๐”น๐•ฆ๐•ช โ„™๐•€ - PI Is Not Getting It Up
<center>PIZZA!
 Hive.Pizza upvoted this post.

$PIZZA slices delivered:
@whywhy<sub>(1/10)</sub> tipped @rzc24-nftbbg 
rzc24-nftbbg tipped whywhy 


<sub>You can now send $PIZZA tips in <a href="https://discord.gg/TWKWGwNfRg">Discord</a> via tip.cc!</sub></center>
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root_title"๐•Ž๐•™๐•  ๐•Ž๐•š๐•๐• ๐”น๐•ฆ๐•ช โ„™๐•€ - PI Is Not Getting It Up"
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@rzc24-nftbbg · (edited)
$0.06
Here's my short history with Pi:

- Sold 300 Pi on February 21 @ $0.80 and infused 7,500.00 PHP of that into my Hive account. 

- Bought back 50 Pi @ $1.36 and sold @ $2.94. 

- I bought back $1.80 and $1.40, cut the loss by $1.10, and added another 7,500.00 PHP to my Hive account.

- I bought back 200 @ $0.94 and am now holding 400 Pi. 

I still have 4,900 unverified Pi. If I can get at least 1,000 of that, it would be enough for me. Thanks to Pi for giving me free money and increasing my HP. 

!BBH

!PIZZA 

 
๐Ÿ‘  ,
properties (23)
authorrzc24-nftbbg
permlinkre-whywhy-stqw1o
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root_title"๐•Ž๐•™๐•  ๐•Ž๐•š๐•๐• ๐”น๐•ฆ๐•ช โ„™๐•€ - PI Is Not Getting It Up"
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vote details (2)
@whywhy ·
$0.08
That is the part I really like Peeps that get some free internet money out of this project without putting anything in !PIMPS !PIZZA
๐Ÿ‘  
properties (23)
authorwhywhy
permlinkre-rzc24-nftbbg-2025326t23115801z
categoryhive-167922
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root_title"๐•Ž๐•™๐•  ๐•Ž๐•š๐•๐• ๐”น๐•ฆ๐•ช โ„™๐•€ - PI Is Not Getting It Up"
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vote details (1)