PI

13Robson

There was some rubbish in the user agreement that PI will never be up for sale, it is forbidden to sell and is only to be used inside the PI ecosystem. That day I have deleted the app. I still have access to my PI, but meh. Its some closed system BS, not even a cryptocurrency (where you actually do own your coins/tokens)

karasahin

I am too poor to invest in Bitcoin. Does that PI thing work for alts as well? Say like for those that got 100-200m market cap.

gogooliMagooli

just ask PI AI assistant.

tribepride25

Our ancestors will refer to this day as the "Great PI Day crash of 24'

explosiveplacard

You really won't make any money or even cover your costs from the Raspberry PI, but you will learn a lot setting it up and figuring out how it all works. That alone is worth the price of admission.

rockyharbor

PI cycle last cycle hit quite close to the first high last cycle. Will have a close look at this one later in the cycle

user_name_checks_out

> That would be a very juicy PI case. If you do survive, you would probably get a monumental amount of money from the insurance What if it's your fault. Anyway, the irony. I'm trying to point out that American health care sucks because it's not free, and your solution is to win a lawsuit to pay for medical expenses.

Unlucky_Giraffe7867

That would be a very juicy PI case. If you do survive, you would probably get a monumental amount of money from the insurance

gavo_88

PI is aiming to launch this year, wonder if it will do well after the halving...

smart_hoe

1 PI can buy you lunch in SE Asia, it's very popular, just click to mine and you can live for free. Yes Free Lunches exist! Yes it is that easy to achieve financial freedom! Note: Sarcasm

___heisenberg

Its worth a shot for $10-$15. My alternative is paying hundreds of dollars for a PI. My friend says he has used this before.

AliBantot101

PI is shit! I've been mining for 4 years and still no main net!

FullSendOrNullSend

$239k if this rally acts like previous rallies 🥵 even if it doesn’t reach the +95PI seems fair to assume we will be over 100k in the next year based on this model

AdministrativeAide47

PI Network? /s

RuralDisturbance

PI cycle was a great indicator of bitcoins top as is the breaking of the 200 day MA

4252020-asdf

I could say supermicro or Nvidia or Amazon but my main holding is an internet of things company called Impinj it trades under the symbol PI. It’s an internet of things chip maker if you have ever purchased anything from Uniqlo that’s how the checkout process knows what’s in your basket without scanning the individual items. It’s not profitable (yet). It’s mostly owned by institutional investors like Fidelity. It’s trading around 105 a share. Relatively low market capitalization. No guarantee. Look at the chart and do the research that’s just my opinion. If you’re able to you could just buy ARKB or something like that. Or if you’re looking for a dividend Altria pays close to 10%. Good luck whatever you decide

DrSpeckles

Even knowing what a raspberry PI is requires significant technical skills

dentlydreamin

I want to run a node, but I can’t find a FUCKING RASPBERRY PI

Pasukaru0

Which may or may not make it faster. On a raspberry PI for example, the bottleneck will be the CPU, not the download bandwith.

MeDontGotNoName

I’m very sorry that some scumbag has taken your BTC. Hire a very good private investigator. These stories are why I haven’t invested in BTC. Where should a person put their BTC so that it’s safe. The person that’s lost them seems to be up on security and knows his stuff, yet still some horrible criminal comes and steals his money. Seriously at that point I’d be offering a Job. to find any information about the swines that took the BTC. I’ll stop now as I’m writing this out of emotion, for your lose. Really sorry that you have been robbed. I’d offer a PI, maybe a quarter of the BTC if it’s even possible to recover them? The. I’d head to Exodus HQ and start shouting out loud there. What are this persons options? Good luck.

grapedog

Jesus, she could be chilling even more in the PI... That's a very very safe probably never work again amount of cash for the PI... Good for her!

SomeIdeasTooTalk

Good on you mate. I've got a Rasp PI on the way to set one up on AUS.

Individual2020

Or you could be a good boy and set your PI to mine bitcoin. You have a far better chance to find a block, even though it may take centuries.

Nothing-Busy

Don't forget to have a different shell company buy a few boats, luxury condos and cars to use. Sort of like Magnum PI but Robin Masters doesn't actually exist. 

Nothing-Busy

Don't forget to have a different shell company buy a few boats, luxury condos and cars to use. Sort of like Magnum PI but Robin Masters doesn't actually exist. 

wh977oqej9

My thoughts: \- is should be quite safe. If you trust the vendor. Even in Airplane mode, phone can phone to emergency number. Can it do something else also? \- modern androids are whole disk encrypted. With good password, no one can get to your keys - checkmark \- can use Electrum in cold mode - checkmark \- can scan QR addresses - checkmark Other: \- no need for ever touching Wifi and internet. Electrum can be instaled and updated through USB key \- Raspberry PI zero is much cheaper and you can buy it even without Wifi/BT chip - it's better option. You simply install PGP signed operating system on SD card, and it' up and running. Also updated like this wihout ever touching internet.

SuleyGul

Yes i've noticed that as well. The two moving averages which triggers the indicator just barely crossed last time around where as each previous cycle it crossed easily and on steeper angles. This time it's possible it may not even trigger(again something which will catch people as so many people see the PI indicator as gospel now since it's worked for the last 3 times). This indicates to me what I have observed is that BTC is losing strength each 4 yr cycle and we are nearing an end to BTC's first real supercycle. Essentially this means it's been in a bull run since inception and eventually will have a much longer bear market where all time highs may not be broken for a decade or so. It might be more like a big massive range. down to 20-30k up to 60-70k rinse and repeat until a new supercycle can emerge. Again this happens across all markets. I assume in this time there will still be great gains to be made in alts but it definitely won't be like it was before. We as humans have short term memories so for most people they don't understand that there are cycles within cycles within cycles.

rsicher1

PI cycle?

inteliboy

I read this time and time again over previous two cycles.... the unexpected... while indicators like the PI cycle did exactly what was expected... but people were expecting btc to do the unexpected.... so then it reks anyways...

raziel4us

I didn't even know it was possible to liquidate PI. All I've seen are a bunch of IOU's being traded...

codetrotter_

The main issue is that the case has some specifically placed metal rods going down that would act as heat sink, but with a CM4 + adapter board, the height and position of the things meant to touch are not where they should. For that reason I ended up putting this case in a drawer until one day when perhaps I will also buy a normal PI4

LatinumGirlOnRisa

exactly why all devs & founders should dox themselves. because, if they don't, people like that will almost always try it again with a new crypto asset project. but then too many who *do* dox themselves also commit crypto crimes.😐 but at least we can look them up online and learn we should stay away. and me, I'm not a Bitcoin maxi, I hold alt coins, too. but for me, BTC/Satoshi Nakamoto is the only exception. [I'm on the fence about Monero. because although it's the only other truly, genuinely decentralized crypto coin. meaning when anyone claims a crypto asset is 'sufficiently decentralized' they don't know what 'decentralized' means. its b.s, and not at all the same as literally, being decentralized. it's like being 'sufficiently pregnant,' which is also not a thing: a woman is either pregnant or not pregnant, full stop.🫄🏽]. but back to business: cases like what was revealed about AVAX & Ava Labs is why it's important to know who's behind the curtain re: alt coins - NFT projects [not meaning collectable NFT art, Banksy can hide for as long as he wants to - except there is a doco @ YouTube that shows a lot about who he is]. but we should know so we don't get duped by them ever again. not that I was ever into AVAX but as a community, we should all know who the fraudsters are so we can make *informed* decisions. and it's scary to think about some of the spaces dubious characters are invited into, influences they have, awards & other accolades they receive. and Emin was actually an associate professor @ Cornell, yikes!!😲 someone like that shouldn't ever be allowed to influence young minds.🙁 [Emin Gun Sirer @ LinkedIn ](https://www.linkedin.com/in/emin-gun-sirer-0a921a4) [Emin Gun Sirer @ Wikipedia ](https://en.m.wikipedia.org/wiki/Emin_G%C3%BCn_Sirer) [Kevin Sekniqi @ Wikipedia ](https://en.m.wikipedia.org/wiki/Kevin_Sekniqi) hard to believe they *both* had no clue, that only one of them planned & executed the fraud. and now it seems Kevin Sekniqi is yet another scandalous person who shouldn't have made it onto the Forbes 30 Under 30 list.🙄 you think they'd have learned by now to do a deep dive into the candidates every year because it's not like Forbes has no budget. they could hire a PI team to do some digging *before* they vote on who makes the list. and not that there would always be evidence to find. but from what we know today about many of these individuals, at least some who made it wouldn't have *if* Forbes had done it's due diligence. because there would have been evidence re: some of these cases, since documentaries & news docos have revealed that there was enough proof available to be found that would have disqualified some of the candidates, long before their scandals broke publicly. but no, it keeps happening, over and over again: here are just a few: Elizabeth Holmes Samuel Bankman Fried Charlie Javice Martin Shkreli and I've found references to Caroline Ellison also being on the Forbes 30 Under 30 list, which I didn't remember, if it's true. and so far, I'm meeting a paywall @ the Forbes page that might show if that's accurate.

owltofthiswrld

My Dad was actually reasonably computer-literate in the 90's & early 2000's. However those skills don't really translate super well to 2023 if you haven't kept up. Both of them work in healthcare, so for work they would be using very old computers with pretty simple/old applications. My mom still pays her bills through the mail! Honestly, I think that being 65-70 and having a good grasp of technology is probably more the exception than the rule, unless it is required for their profession. Even scientists I have worked with (my last PI was 73) tend to struggle to learn new technology.

AC-AC

PI cycle top has always worked, will keep my eyes on it.

Tha_NexT

Easy, you have a month time. Rent a warehouse, Store them there efficiently. And pay the workers extra if they take your pennies as loan. Pay them GOOD. You have enough. 2^30*2*PI*0.01m*0.001m = 68000 m3 needed for the Volume of the pennies.

SmoothGoing

It's not really a built in thing. Individual nodes can set expiry time. Default is 2 weeks but node operator can adjust that. So even if transactions are dropped from Rasberry PI nodes they might stay in AWS nodes. If your wallet does not offer RBF get another one. Do read the manual on fees: https://www.reddit.com/r/Bitcoin/comments/jkw0l5/transaction_stuck_read_this/

SmoothGoing

I save a seed words mnemonics, not single keys. They are not saved in clear text, or underpowered PI devices, or in scannable QR codes. With HW wallet there's no need to pull out the seed words mnemonic in view of webcams and phones and laptop cameras. Writing code to generate one key might be the most expensive way, since it will take time and likely will result in losses if mistakes are made.

randomFrenchDeadbeat

What I am saying is the model is wrong. It assumes the PI has the time to acquire data, compute the winning hash, and transmit the result before anyone else. IF it has can do that, then the statistical model applies. It does not, hence the model does not apply, and you get ZERO chance.

randomFrenchDeadbeat

No, there isnt. Statistics are all well and good, but the processing power of a PI is not enough to have even one chance at getting a computation fast enough for that.

linux_n00by

PI.. that thing never minted

realDahu

try Umbrel on Raspberry PI

po00on

Many people are attracted to the Raspberry PI because of home server solutions like Umbrel, Raspiblitz, etc. These solutions are decent, and will help you get up and running, in terms of running a node. The downside is that they often come with additional bloat. Ie they package additional services, apps, etc that are often beyond the scope of operating a basic node. This adds to complexity, attack surface, and resource usage. Further, they often enforce certain configuration parameters that may or may not align with the way in which you intend to operate your node. Running a Bitcoin and potentially a Lightning node on an old laptop is more than achievable. If you already have the hardware, doing so makes even more sense. You'll learn more in the process, and you'll have total control of how everything is configured. You'll also not be subject to unknown changes, as a result of installing a prebuilt node suppliers updates.

Boogyin1979

Raspberry PI is never a good node option

Sele81

PI cycle top indicator was always correct so far

babygandercutepup

These look like dorkey hipsters that are fighting for their PI's attention in some no name lab thinking they are hot shit.

meditation4lifeee

Same as PI network if anyone wants to download it's for FREE you mine everyday. Maybe it will be worth something in the future USE MY REFERRAL FOR EXTRA BONUS: hiddenb

HashMeOutside_

Trying to run Core only? Just install on the PI

REK3DGEE

Exactly, and it’s not enough money to even hire a PI either. I shoulda just bought a damn bitcoin a month ago when I was debating it but nooo I tried to learn how to stake ETH and got ducked

Altruistic_Duck3485

wait wtf I have 20.47 PI worth $1300 AUD.. at ATH in Jan 2023 this was worth $9K. Only 'mined' for a few days ages ago Am I missing something? Can you actually trade it?

GoldenRain99

Not really lol, I'm pretty sure most noobs in the space could look at PI and tell you it isn't a legit project. Mainnet migration hasn't occurred yet, the real price will be seen once that occurs. Otherwise, a ton of people are being taken advantage of, and they don't seem to give a damn.

lukekibs

Wow PI is going parabolic

8512764EA

PI Network Binary Options Trading Platform? Where the heck do people find this crap?

IcyLingonberry5007

One of the 🔑 element's of Reddit is anonymity.. A kyc to earn a few bucks i just don't think will go over well with the added security risks of linking one's bank account info.. Bad choice reddit.. Id feel safer using PI to be honest.

Fox_n_Roll

There already is a fake PI token/coin to be tradable and I bet A LOT of people got scammed with... This whole thing was doomed from the beginning

IanfinityXD

Why are people still investing in the scam called PI Network?

Mean-Argument3933

I remember the story of a lady who was romance scammed. After that, a PI got in touch with her about the previous scam, and suspiciously got into a relationship with her. It was the same scammer all along

Jesse-L-Livermore

Sell when Bitcoin hits the PI Cycle Top…just google it!

bumhunt

if PI actually comes out and is worth anything.... congrats you deserve it that saga is just unbelievable

wh977oqej9

Just buy Raspberry PI 3, instal Electrum and connect your Trezor to it.

lukekibs

Recently found out that my brother has been mining PI on his phone and I guess he has 790 tokens. I did the math and was like damn

IcyLingonberry5007

Interesting.. Appreciate your PI skills and helping those in need.

Ninja_Vagabond

Damn, Zoomer, you are on some next level crypyo PI work with this one. Well done.

Afellowstanduser

Do not do PI coin, it’ll never have value and you’re just wasting time generating ad revenue

BrocoliAssassin

That’s stupid. It’s pretty well known that when you take all the letters in Satoshi’s name, take the numerical form of the letters it all comes out to PI. Take bitcoin and add the numbers, divide by PI and you have the golden ratio. So Satoshi isn’t real, he’s just program created by a mathematical formula and unleashed on the internet to see what would happen.

Halo22B

No you missed my point. BTC is a bearer asset, if you hold it in a non custodial wallet no entity can stop you from transacting in it. Your experience so far (your bank to the Philippines) has been seamless because neither the US or PI government is concerned about you transacting....imagine if you were in Moscow. Do you think you would have an as easy time?

Icordingi

> Pi network **PI NETWORK IS A SCAM.** They sell their users ads and delay delay delay their 'launch'. Nothing more. Nothing less.

Endersdane

PI coin says hi

SamVimesThe1st

Real stable coin is PI (Network). It's been consistently at 1 PI = 0 USD since 2019. Can't get more stable than that.

Bully79

that's really cool!. Thanks for sharing. Is this using a PI?

robbie5643

Idk no one is going to like this answer but that’s basically what PI coin is doing and everyone hates them lmao. Tbf they haven’t shown too many results and it’s been a while but took other projects a while in the old days too. These instant 100m valuations are nuts imo.

elysiansaurus

Can't wait to kyc? PI has been working on kyc for 3 years.

elysiansaurus

What is that price? PI has a supply of 100 billion lol. If it ever launched the price would be like 10 cents not 20 bucks.

Sorrytoruin

damn didnt know they listed PI, which is just a data gathering marketing app..

lexwolfe

PI chain is using stellar blockchain software which contains SCP however app users are offchain.

Mundane-Farm-4117

PI network is the slowest "project" in the world

No_Dogeitty

It's funny how this sub praises a coin you get allocated for participation (MOONS) but at the same time FUDs a coin you get allocated for participation (PI)

No_Dogeitty

PI network is actually the worlds largest distributed network on the low key with 10s of thousands of Nodes. We are in enclosed main net while utilities are being built

wh977oqej9

If moving permanently for long distance, seed backup is bigger problem than actual HW. You cant put Cryptosteel in luggage, because there is out of your control and can be seen by anyone. If in hand luggage, it would be suspicious as is lump of steel. In that situation I would do following: \- store the seed in Bitwarden, doing it on safe device (e.g. freshly installed OS on Raspberry PI just for this purpose), then formating disk \- destroy engraved steel or dismantle cryptosteel \- on destination I would read seed from Bitwarden (again on freshly installed Raspbian), restore it on HW \- on other HW generate new seed, set the cryptosteel and sweep all coins to new wallet

Halo22B

Your node has to validate every block....it is RAM dependant not internet bandwidth....how much RAM in your PI

Littlefinger_13

First, don't answer any DMs. They are all scammers. Never share passwords, seed phrases, or any personal information with anyone. Huobi, is a relatively big Exchange, but it has the (little shady) Justin Sun, as one of its major stakeholders. I believe that you can deposit and withdraw \~50k USD every 24H, without KYC. So, you don't have to give them personal information and credential, if you don't want. Maybe XT. com has a similar limit. Now, if you want to use these Exchanges and, at the end of the road, have FIAT money in your Bank account, this is a possible route: Firstly, open an account with some of these Exchanges. Preferably use a newly-created email to sign-up, and of course use a unique, and not re-usable, password. Then, deposit your PI tokens to the Exchange that you chose. Do a test transaction first, to be sure that everything works right. Then, go to the "spot market", and sell your PI tokens for USDT (it's a stablecoin, meaning that its value is equal to 1$). Then open an account (with KYC) with a more reputable Exchange (Coinbase, Kraken if you are in the US, plus Binance if you are not) and deposit your USDT to one of these reputable Exchanges. Be careful when you transfer your USDT. You must be sure that you use the same depositing and withdrawing network. Make a test transaction again to be sure. Now, that you have your USDT to one of these reputable Exchanges, convert your USDT to your native FIAT currency (USD, EUR, etc.), and use one of the methods that they suggest, to withdraw your FIAT to your bank account. These methods might differ, depending on your country of origin. P.S. Pi token might not have big liquidity in the PI/USDT pair, because it is a small (in market cap) coin. You also said that you have a big amount of PI. So, be careful, when you sell. You can tank the price by your selling, and eventually take 10-20% less USDT from what you thought you were. Maybe if you sell in smaller "pieces", or placing limit orders, might help. P.S. 2 Everything of the above is NOT Financial Advice. If you'll use any of the above Exchanges, or follow any the above steps, you are doing it at your own risk. Good Luck!

Legal-Bid2695

Sometimes I think our subreddit is better than the FBI and PI’s😂

placestovisitss

haha ETH has been dead, time for PI network hhaha

Squirida

[TURN THOSE MACHINES BACK ON!](https://www.youtube.com/watch?v=j4SRsGn14PI)

X_This_is_the_way_X

I am so unsure about this project. Building up a big community who is mining with the mobile phone. What is the use case behind? They say that a lot of early buyers hold a lot of bitcoins. But with PI coin it will be the same case. Early adopters will have a big part. There is so Little transparency about this project and where it is going.

Mundane-Farm-4117

You can swap it instead of PI nonsense

rikbona


Lost-Hurry2723

♎ OMEGA Greetings to all, therefore, the same application as PI network, but it is already on the market and the price is around $0.05 It is already on resale in the same way as the PI, only the current price is lower (who knows for later). https://coinmarketcap.com/currencies/omega-network/ Here is the link, so whoever wants to earn in the same way as with pi should use the application, registration through the link gives a bonus at the start: https://omtch.com/invite?ref=aks95 ref code: aks95 Good luck everyone and thank you! ✅🍺

lordciders

Didn't know PI network still exists.

AdmirableTask8479

First of all the account is already having kyc + having 106PI coins in mainnet.

medialAxis

What's a PI ACCOUNT? As for buying it, or any account if it comes to that no. I why would anyone buy a second hand account?

MajorLeons

Although I haven’t got enough sleep because of PI planning, happy Wednesday everyone!

AnimeFlamingo

I believe that raspberry PI 4 is 35 bucks, so this one for 80$ it’s a tough one.

Desperate-Barnacle-4

Looking at this teardown [https://www.youtube.com/watch?v=bk66G12Q5vw](https://www.youtube.com/watch?v=bk66G12Q5vw) it does seem to be a raspberry pi 4. If that PI has a 4gb or 8gb then you can install umbrel easily, the instructions are here: [https://github.com/getumbrel/umbrel-os](https://github.com/getumbrel/umbrel-os) The teardown shows a fan. But you will also need some SSD for storing the Bitcoin blockchain. And perhaps some case/frame to hold it all together.

Da_Notorious_HAM

Yeah the dude seriously puts in the work. He could probably start a crypto PI service at this point.

Illicitterror

Haven’t heard from PI in a minute

Napoleon_246

is PI actually worth something now? I played around with it a few years back.

Slainte042

PI is the biggest data harvesting operation in the Crypto World.

yester_philippines

PI network ? Isn’t PI since the last 10 years promising to list the pi coin ?

Hawke64

There must be some open sourced raspberry PI hardware wallet solution

filenotfounderror

Your step dad is a moron and had no business having 500k in crypto in the first place if he was susceptible to that kind of social engineering. Anyway, instead of wasting time on PI's and this nonsense, he should just write it off on his taxes and take the 3k or w/e per year till he dies. At least its something.