Well, it’s quicker to go to white paper and ctrl+F and then type some words from him like ‘prohibited’ or ‘illegal’. And then you can have a transparent information you need.
Now that I just migrated my transferable into my wallet main net, will I be able to continue to mine transferable pi? I’ve been mining but haven’t noticed a jump in my transferable by even a decimal place.
When I completed the kyc process, I was unaware of the lockup period and committed to a locked period of 1 yr. The question is whether, Can I sell them before the locked period. Or, Can I able to sell them once it comes to open mainnet. Please help me out
Shouldn’t the total supply of Pi be exactly what is mined and verified to keep scarcity of coins and increase value from there. What am I not understanding about distribution of coins?
The total supply will never be mined in our life time most likely. The amount of mined coins is in millions range. But there are lots locked. Lots in the awaiting kyc. Total supply will only be what is migrated to mainnet.
Thanks for the video, was scammed of 150 pieces of my pi coin when I trying to exchange for fiat, hopefully as we see the video no one will fall victim anymore
On open net we will be able to use coins in the trading exchanges for exchanging for FIAT. In the same time we will have access to the Open Ecosystem in which we can exchange Pi for goods / services.
@Mr.Flo.Official Just to add a little knowledge to my fellow Kenyan. There are some names which are used for both ganders like "Sam" which is for either Samuel or Samantha. Another one is Riziki, Zawadi and Diana here in Kenya are for both males and females.
hmm interesting if you cant buy pi on an exchange or trade it then its worthless not everyone is going to be using it as intended some people look for a quick money maker...if thats the case then why is pi listed on coinbase exchange but not yet trade-able ????
Some dudes listed IOUs. Nothing to do with pi network team. There are futures on the promises of delivering the coins at some point. Check how iou works. But again, nothing real!
Not gonna sell my pi coins....pi is money, I'm looking forward for Pi Chain Mall to launch and see what it can offer for my pi coins...maybe there will be gold bars, real estate, commodity, vehicles, electrical/electronic gadgets etc that I can get with pi...and if I need to exchange my pi to fiat money I'll just wait until Pi Network launch Pi Bank. Pi coin isnt like all other asset crypto, it's a global money.
@@Mr.Flo.Official no other crypto have offered like what Pi Network have offered to us, so I just wanna see Pi Network project to be a successful because it will benefits all the pioneers around the globe where we have our own global banking, financial and market full controlled by the global pioneers in it's own ecosystem...a true decentralized currency
@@Mr.Flo.Officialto be honest, I rather exchange my pi coins with gold/silver bars than fiat money because I have been hold most of my savings in those precious metal since years and the government cant tax it😆🤣😆🤣
During the testnet in 2021 i think when the first walllet was created I have trf 350 coins to wallet but i lost the passphrase. Can i get if i create wallet again?
You said you we may not be allowed to sell our PI coins for fiat currencies or cryptocurrency. Am just curious, when you read the white paper. Which title did you read it under ?
What about in exchange for gold? LOL would it be allowed to have a website on the pi network that sells gold??? Gold would be categorized as goods. The same as someone running a service on their selling t-shirts.
I’ve got 1,300. Is pi really worth $32? I didn’t expect to make much from this and stopped mining over a year ago lol. What is the expected price on drop?
So if it means that Pi is not allowed to sell for currencies, then I can continue to mine Pi., until some big day came., where things turns unbelievable...,
Almost got scammed 😂but I already know it was scam from the start ,if anyone tells you to click on link and exchange pi dnt do it , that link would take you to a part you would put ur phrase and if you do put your phrase ur pi wallet is gone … Dnt fall victim , just wait for the lunch of mainnet
whatever this PI network is heading to may it be for good or for just using people or just another frustration - this is all I know.. we have nothing to lose...always remember our phones is just sitting there doing its own thing for us. so lets hope for the better.
So if you can't sell it for money or other crypto... what is the point ? Why does it have a price ? Thank you for the video.............. Edit: Phase 3 mainnet whitepaper says .... This is the phase when Pi can be connected to exchanges and be exchanged for other currencies.
I'm a recent sub. Was looking into crypto a couple years ago but never had the means to invest, wish i knew of Pi then and not a few weeks ago. The timing of this video is wonderful for me, I appreciate your time and content. Happy i subbed.
Dear Mr.Flo, the information you gave is from an enclosed network. Please read the section from the open network. There are no blocks anymore when you reach your mainnet. I do agree that the Pi tokens should not be sold because it will increase over the years
Very true I was scammed yesterday and I lost 5 coins and the thief refused to pay me and deleted his face account that he posed as a woman with the name Sophie Charles 😂😂 too bad
Kyc done but number verification not done...they asked to send txt on there given num ,i texted it bt no response...i finally noticed that somehow last digit of my phone number didnt match...how to solve it?
Türkiye'den sevgiler. Dilinizi anlamıyorum ama bazı yorumları çeviri yolu ile okuyabiliyorum. Türkiye'de kripto para ile ticaret yapmak yasaklandı. on binlerce insan pi network madenciliği ile zengin olacağını düşünüyor. Lütfen dolandırıcılara dikkat edin ve 24 kelime şifrenizi güvende tutun.. 🙏🥰💪
So it sounds like you can’t trade it, you can only spend it, and you’re severely limited on what you are allowed to spend it on. Kinda weak if you ask me, I’m holding and I can’t do anything g except kind of maybe spend it sort of?
If you think about it. BTC is the first stateless fiat currency! It can’t be manipulated by any government, private company, state or individual, yet it’s backed by nothing! Hence fiat. It gains its value only from its scarcity and its large user base who believes in it…. Yet it’s more valuable than gold 😂
Hopefully not. Surely the app needs lots of computing power to deal with all tradactions etc. reason why they migrate users one by one and not millions st once. Will probably make everything crash.
In the past 5 years people's mines millions of pi coins just suppose if its live everyone will sell pi coins obviously then how the market will stable? It will crash in a seconds in my opinion u should sell half of ur coins unless u loose them all
Sir please tell me that?How can we get Pi coins for free in app just in single click without investing any money and then how can we earn free money by selling them. Whereas in reality, first you have to buy the share or Bitcoin. Then we can make profit by selling them that's how the company also gets profit. But how pi company will get profit by giving us free pi mining and then free money. Im thinking that this is fake. There will be no profit of free click mining every day. What's your opinion sir .
Mesmo Bitcoin na sua primeira fase era grátis, assim que a pi for lançada nao sera mas gratis e para ter um pi poderá levar anos e não será Fácil, uma vez que ainda que ainda não foi lançada voce poderá minerar tranquilamente mais apois ser lançada nao sera mais possível. Por isso aproveite minerar o máximo de pi que puder.
The idea behind the Pi Network is to have an ecosytem only working with pi coins - this will back up its value. BTC without consensus is just a number on a ledger. Same with any Crypto coins. Its value is driven by adoption and community which can freneticly create / increase demand. As is - none of them are worth anything.
An excellent video. To the point! Don't sell! watch out for dodgy people.! Thanks Mr Flo. John
Thanks for watching
Great job bro, I don't see myself been scammed of my pi coins because I wouldn't engage in selling of for Fiat
Good thinking!!
My kyc is stuck at the last step since last year what do
sorry to hear that.
fingers cross you will pass asap.
Apparently no exchange... so..
@@sanityisnofun Try to make a new wallet and change the wallet in the steps in KYC it helped me out!
Quick, informative, and honest. That's why i enjoy your Channel 👍👍
I appreciate that! 🤜🏻🤝
Well, it’s quicker to go to white paper and ctrl+F and then type some words from him like ‘prohibited’ or ‘illegal’. And then you can have a transparent information you need.
Now that I just migrated my transferable into my wallet main net, will I be able to continue to mine transferable pi? I’ve been mining but haven’t noticed a jump in my transferable by even a decimal place.
Yes, and all we mine will be transfered again when next migration happens.
When I completed the kyc process, I was unaware of the lockup period and committed to a locked period of 1 yr.
The question is whether,
Can I sell them before the locked period. Or,
Can I able to sell them once it comes to open mainnet.
Please help me out
Unfortunately, no. There is nothing you can do.
They will sit idle in your wallet on the lock side.
Ensure you change period for next migration :)
@@Mr.Flo.Official thank you so much!!
Shouldn’t the total supply of Pi be exactly what is mined and verified to keep scarcity of coins and increase value from there. What am I not understanding about distribution of coins?
The total supply will never be mined in our life time most likely. The amount of mined coins is in millions range. But there are lots locked. Lots in the awaiting kyc.
Total supply will only be what is migrated to mainnet.
So you not recommend to sell pi in this time ?
When it launched to sell pi on legal way like on binance?
100%. Would not risk anything.
Maybe end of 2024 🙏🏻
Don’t sell, keep it,
It's not worth risking... Plus, the PiCT already clarified, that selling your Pi to fiat is prohibited during the enclosed mainnet.
Loving your video now bro keep it up, we will win together
Yes we are. Thank you 🙏🏻
Thanks for the video, was scammed of 150 pieces of my pi coin when I trying to exchange for fiat, hopefully as we see the video no one will fall victim anymore
I have 9M plus pi coins lol. Lot of hardwork, time and patience.
Let’s see what is the future of pi in next 5 years.
well...at those numbers - for sure it will look great!!
Can you gift me 1000 to be eligible😂
@OnesiderTT can I actually buy some of them brother
if you have that many I sold the half already
I buy pi coins at $20 per pi. Let me know if you have some pi to sell
I am stupid pls explain to me. 1st We do not sell. 2nd We can "trade" it only on the PI platforms or apps for "stuff" IRL right?
On open net we will be able to use coins in the trading exchanges for exchanging for FIAT.
In the same time we will have access to the Open Ecosystem in which we can exchange Pi for goods / services.
Great job bro, I don't see myself been scammed of my pi
lots' of people did!
How can they prove you didn't buy for fiat? Compare to trade from wallet to wallet for service's? This was strange for me.
Don't think they can prove it.
Surely there is no chance of detecting that automatically.
Do you think we could sell or trade in the future?
100%.
For sure we can do that :)
In Kenya, Flo is a short form of Florence, a feminine name😂
Thank you bro
Flo is short from Florin. Male version. Lol.
Nice try thi 😂
@Mr.Flo.Official Just to add a little knowledge to my fellow Kenyan. There are some names which are used for both ganders like "Sam" which is for either Samuel or Samantha. Another one is Riziki, Zawadi and Diana here in Kenya are for both males and females.
I almost lost my pi when my phone got stolen but was able to recover it back
Nice one buddy!!
So once the network is open then we can trade and exchange
yes
so can you tell me athene network pi sell and buy is scam otherwise genuine
Well. Not scam - but kinda illegal considering p2p not open yet by the pi network team
If I m transfer pi athene wallet to pi wallet so possible pi ban my account
hmm interesting if you cant buy pi on an exchange or trade it then its worthless not everyone is going to be using it as intended some people look for a quick money maker...if thats the case then why is pi listed on coinbase exchange but not yet trade-able ????
Some dudes listed IOUs.
Nothing to do with pi network team.
There are futures on the promises of delivering the coins at some point.
Check how iou works.
But again, nothing real!
Not gonna sell my pi coins....pi is money, I'm looking forward for Pi Chain Mall to launch and see what it can offer for my pi coins...maybe there will be gold bars, real estate, commodity, vehicles, electrical/electronic gadgets etc that I can get with pi...and if I need to exchange my pi to fiat money I'll just wait until Pi Network launch Pi Bank. Pi coin isnt like all other asset crypto, it's a global money.
Good thinking.
Good luck my friend.
@@Mr.Flo.Official no other crypto have offered like what Pi Network have offered to us, so I just wanna see Pi Network project to be a successful because it will benefits all the pioneers around the globe where we have our own global banking, financial and market full controlled by the global pioneers in it's own ecosystem...a true decentralized currency
@@Mr.Flo.Officialto be honest, I rather exchange my pi coins with gold/silver bars than fiat money because I have been hold most of my savings in those precious metal since years and the government cant tax it😆🤣😆🤣
Well. We would exchange for that too.
How to mine pi coin
During the testnet in 2021 i think when the first walllet was created I have trf 350 coins to wallet but i lost the passphrase. Can i get if i create wallet again?
@shadowfoxgaming8239 no I didn't
No. Once sent to a wallet…is gone. But back then would only be test coins i guess
You said you we may not be allowed to sell our PI coins for fiat currencies or cryptocurrency. Am just curious, when you read the white paper. Which title did you read it under ?
Yes. Is very clear.
Go check it.
Not gonna spoil jt.
Can i transfer my pi coin from avaible balance to onother wallet (like trust)?
If not right now ,when will be posible to exchange pi-USD?
Not yet.
That is open net. And this should be available Q4 this year.
Thank you for the video... God bless you Sir FLO❤😍
Thank you too
If we can`t use to something to trade or to buy .Why i need to gain PI COINS ? What is the scam here?
The idea of enclosed network
Is to have hundreds of apps in the system
To be used only with pi coins.
But pi will open trading to open net ad well.
@@Mr.Flo.Official can you give me some info. for the apps
What about in exchange for gold? LOL would it be allowed to have a website on the pi network that sells gold??? Gold would be categorized as goods. The same as someone running a service on their selling t-shirts.
hahaha good one
My Pi has migrated to my main wallet. What platform can i use pi to bottrade?
Can’t trade it yet.
@@Mr.Flo.Official any idea when it will be tradable? 12/03/2045 perhaps? 😫
Better to sell before Dump to 0.000001
How many coins do I get Everytime I mine PI Coin?
You will see your mining rate per hour.
Not lots 👍🏻
So you can’t exchange it or sell it then how is it worth anything?
No, not now!
pi network mining is the feature now pi to the moon from Zambia Africa city Lusaka
Yeh man
100pi+ needed urgently
Buying $20 per pi coin 🪙
Advanced payment first
Good brother ❤
greetings my friend!!!
When do you expect that pi might become a real crypto and ending of the pi testing period
End of 2024 :) according to my estimates.
Thank you for the good explanation.. I am definitely not going to sell it
Glad it was helpful!
I’ve got 1,300. Is pi really worth $32? I didn’t expect to make much from this and stopped mining over a year ago lol. What is the expected price on drop?
1 pi coin is projected at over $314, 0000.
get real buddy. that will never ever happen :)
It happens to me i lost 50 PI's through Facebook ...a scammer from Vietnam..
Do not sell your PI's unless the mainet is launched...😮
so sad :/
How the hell im stuck at completing KYC for almost 2 years now. Kinda trigger a scams work.
Unfortunately they know that there are lots of different accounts blocked.
Its working now
keep up sir, shout out from philippines❤❤❤
greetings.
Thanks for updating
Always welcome
When you visit china, you can exchange your pi sir, Chinese buy pi for real as they don’t scam, I mean real China people.
well...acording to White paper this is illegal!!
yo! if you have china link pls connect.
price
72.10 yuan
You sound Nigerian
So if it means that Pi is not allowed to sell for currencies, then I can continue to mine Pi., until some big day came., where things turns unbelievable...,
not until the open network.
Nothing in there says we can’t buy gold with it, right?
Correct
From Phillipines i will keep my Pi
Greetings.
Hellow Mr. Flo your vlog is very informative thanks
bilhin ko na boss
Almost got scammed 😂but I already know it was scam from the start ,if anyone tells you to click on link and exchange pi dnt do it , that link would take you to a part you would put ur phrase and if you do put your phrase ur pi wallet is gone … Dnt fall victim , just wait for the lunch of mainnet
Please be careful.
whatever this PI network is heading to may it be for good or for just using people or just another frustration - this is all I know.. we have nothing to lose...always remember our phones is just sitting there doing its own thing for us. so lets hope for the better.
agreee sir.
that is a very fair answer.
Whats the real price of Pi coins? because i see most of websites says 58-60usd which is too high to believe 😅😅
that is IOU price.
futures
there is no real price for our pi coins yet.
So if you can't sell it for money or other crypto... what is the point ?
Why does it have a price ?
Thank you for the video..............
Edit: Phase 3 mainnet whitepaper says .... This is the phase when Pi can be connected to exchanges and be exchanged for other currencies.
They want to build a whole ecosystem to allow people to buy - sell within then system
I think PI is trolling people, HMSTR bypass them for so damn years!
Hey @;Mr. Flo - New sub! I waited over 2 years for step 9 to complete. Do you know when it will complete? I am a validator too. Thanks.
Hei bro.
Surprised you haven’t already.
My gut guess is they have wave for it.
And hopefully in next cycle you will have it completed.
Can you make a video saying the Alibaba partnership is it real ?
Well. No genuine news about that yet brother.
Very good explanation thank you very much
My pleasure.
I mistakenly locked my pi for 3 year, please is their ways i can unluck it?
no. unfortunately.
but with the rush of them opening - would not be worrie :D :D :D
I'm a recent sub. Was looking into crypto a couple years ago but never had the means to invest, wish i knew of Pi then and not a few weeks ago.
The timing of this video is wonderful for me, I appreciate your time and content. Happy i subbed.
I have 2 Pi but want to come back to this comment in the future as it continues to grow.
Thanks for subbing. Welcome.
Glad some of my videos can help :)
Dear Mr.Flo, the information you gave is from an enclosed network. Please read the section from the open network. There are no blocks anymore when you reach your mainnet. I do agree that the Pi tokens should not be sold because it will increase over the years
yes, that is true.
but we are not in open network yet
are we??
@@Mr.Flo.Official absolutely true. Now we are on the stage to go to an open network.
I can't complet kyc still it's say I will get invitation
Wait for it my friend :)
pi go the moon Your follower from the Arab world
Greetings buddy
So why does Pi have such a value?
For not it doesn't.
But is the buzz around it and utility which makes it valuable.
1st time we got right answers. Thx Bro
Welcome 👍
my 3 year lockup will end in june next year, so they can wait with open mainnet until then lol.
hahaha true that.
People have no cash but they have pi!
Well. They need more patience i’m afraid :(
Pi to the moon 🚀 Ghana 🇬🇭
yes, please!!
Do you buy pi.i want to sell
No, is illegal according to whitepaper.
Yes, i can pay $7 per 1pi
@@BenjaminUzoma-q8b funny :D
I wish to sell@@BenjaminUzoma-q8b
i have 160 pi how i can sell?
not yet.
Forbes made an article about pi coin ,it means they know something, but you dont know
Yes. They did.
is 138 pi much?
if price is 1000 yes - if price will be 1 - you do the math :D
I lost 150Pi coins 😂
Successfully sold 600Pi😊
Stil owned hundreds of Pi😂
Well. Lot’s of scammers everywhere
connect mah bruv, how much was the rate?
Bro please connect. How much rate did you sell yours?
I can buy your pi if you wanna sell
I also buy
Ive collected 5600pi and been holding strong
Good job.
I buy pi and I pay first
That’s really good most I’ve seen so far and I’ve been mining for a while
are you selling your pi?
I hear the rules but explain the pi atm machines ????
did not see any atms.
surely that is some fake
Great advice 👍🤩🤩
cheers mate.
Transactions is Pi to Pi only. Its for Goods and Services only. Dont try illegal stuff like selling it.
Yes, that's pretty much what they want.
Is 700 pi enough?
I believe 700 is a nice sum :)
are you selling your pi?
Shit at £0.40 per one vid aged well ☠️😂
👍🏻👍🏻👍🏻
Can't locked up 3 years to get 300+% on mining + support the system
Wondering
Why 🤷🏼♂️
Hope you got the right locks now!
so your saying this thing is worth money for not letting u spend money or have any kind of function
coins will have value within the ecosystem.
Many people buying for less than a 1$ , im confused why they buying pi ,
If you can find some - people buying because they believe in the project. And under 1$ is very cheap.
Very true I was scammed yesterday and I lost 5 coins and the thief refused to pay me and deleted his face account that he posed as a woman with the name Sophie Charles 😂😂 too bad
lots like it :(
stay vigillent with these beasts.
Sir, I loss 1510 pi in different scammer. They don`t pay me, just block me after receiving pi.
really sorry to hear that :(
i hope you can claim more via mining.
Don't ever sell till you don't get the right to do so!
Thanks for the info bro
Any time!
Took nearly 10 minutes to explain something that could easily be summed up in 30 seconds. You're time is valuable, don't waste it.
well...had to keep it long for other purposes :)
appreciate your care for my time.
i lost 3 seeds wallets with over 4k pi in each so i bet their will be others aswell lol😂
:/
Fiat money can't use in pi ecosystem
Not yet. But you can trade with somebody on promises. Which is not allowed.
I am having issues to kyc login
sorry to hear that.
I hope they will sort any issues with accounts like yours!!
Bravo ! Nice video
Thank you very much!
That’s the Great thing about Pi’ if you have not mined for a year’ you can still get back on Pi!!
Don’t give up!!!
Easy!!
True!!!
Kyc done but number verification not done...they asked to send txt on there given num ,i texted it bt no response...i finally noticed that somehow last digit of my phone number didnt match...how to solve it?
fingerss cross they will release your account for approval!
I am pi coin buyer
Not interested.
Por cuanto las compras?
Türkiye'den sevgiler. Dilinizi anlamıyorum ama bazı yorumları çeviri yolu ile okuyabiliyorum. Türkiye'de kripto para ile ticaret yapmak yasaklandı. on binlerce insan pi network madenciliği ile zengin olacağını düşünüyor. Lütfen dolandırıcılara dikkat edin ve 24 kelime şifrenizi güvende tutun.. 🙏🥰💪
Amazing
Look after your coins.
All the best to all Pi lovers in Turkey.
So it sounds like you can’t trade it, you can only spend it, and you’re severely limited on what you are allowed to spend it on.
Kinda weak if you ask me, I’m holding and I can’t do anything g except kind of maybe spend it sort of?
very weak considering all bots these days they get up and running in weeks deploying millions the users.
If you think about it. BTC is the first stateless fiat currency! It can’t be manipulated by any government, private company, state or individual, yet it’s backed by nothing! Hence fiat. It gains its value only from its scarcity and its large user base who believes in it…. Yet it’s more valuable than gold 😂
I'm holding.
👍🏻👏🏻
Good video Mr flo
Appreciate it
Never sell. Believe in PI. It is the future. Pi is great. You will regret it , if you sell.
for sure.
Great job bro, pls I have a question for you those that have there pi at 100% and steak their year for 3years what will happen to them
They will become well-done.
You won’t be able to sell.
And hopefully we will gain more pi for staking them
Thanks for the advice
Any time
Hold your pi coins. Bitcoin was once like pi. Look at Bitcoin price now .😊
let's hope so.
The pi king Dr Nicolas drop a video that we can exchange pi bro
Surey not buddy!!
Am a strong pioneer but fear for pi not to crash 😢
Hopefully not.
Surely the app needs lots of computing power to deal with all tradactions etc. reason why they migrate users one by one and not millions st once. Will probably make everything crash.
Thanks for your informative video. Just i need to know, when we can sell it and convert it to the fiat currency?
Well, not yet.
There are platforms trading P2P - but not risk it.
My estimate is Q1 2025 from my inside information.
Will you buy my pi coins ?
😂 no man
I think he need to replay the video at least 10 times before questioning xD
@@anesnizic6191 yeah, I didn’t watch the full video, my bad 😂
are you selling ur pi coins?
In the past 5 years people's mines millions of pi coins just suppose if its live everyone will sell pi coins obviously then how the market will stable? It will crash in a seconds in my opinion u should sell half of ur coins unless u loose them all
Well. Not sure what will actually happen
Sir please tell me that?How can we get Pi coins for free in app just in single click without investing any money and then how can we earn free money by selling them. Whereas in reality, first you have to buy the share or Bitcoin. Then we can make profit by selling them that's how the company also gets profit. But how pi company will get profit by giving us free pi mining and then free money. Im thinking that this is fake. There will be no profit of free click mining every day. What's your opinion sir .
Mesmo Bitcoin na sua primeira fase era grátis, assim que a pi for lançada nao sera mas gratis e para ter um pi poderá levar anos e não será Fácil, uma vez que ainda que ainda não foi lançada voce poderá minerar tranquilamente mais apois ser lançada nao sera mais possível. Por isso aproveite minerar o máximo de pi que puder.
The idea behind the Pi Network is to have an ecosytem only working with pi coins - this will back up its value.
BTC without consensus is just a number on a ledger. Same with any Crypto coins.
Its value is driven by adoption and community which can freneticly create / increase demand.
As is - none of them are worth anything.