Pi Network: Promising Future or Just Hype?

Hey everyone, I’m new here and just starting my journey in crypto. Lately, I’ve been thinking about whether Pi will turn out to be a solid and valuable cryptocurrency or if it’s just a passing trend. From what I’ve seen, it feels pretty overhyped right now. The current value seems more tied to community enthusiasm and hope rather than any real-world use. It looks like a lot of crypto fans are getting into it, but honestly, if you’re thinking of jumping in, it seems more like a gamble than a sure way to get rich. I’d love to hear thoughts from both the seasoned holders and the newbies here. Thanks!

$PI has been discussed many times on this board & majority of us disagree that $PI is the future. This project seems to have no real utility & is being glorified by the elderly. We know that elderly people have no knowledge of crypto (at least the majority of them) & for that, they seem to be being fooled by the developers of this project. If you're completely new to $PI, I think you should find out more about $PI before getting stuck in there.

You already have the perfect judgment about Pi, and I am not sure why you still have some doubts. Hype is always shortlived when it comes to such coins and we all know most people trying to hype them up are in there for quick profits. Once the bear market sets in, Very many will sell and move on to the next hype. That's what I have observed with crypto markets over the years. Even much better projects have failed to live up to the hype of the years though they had good use cases such as EOS, NEO etc. Look them up and see for yourself.

That contradicts. If it's overhyped, then the hope is about to lose once that overhype is over. Not too many IMO but just holders of it that can't sell right now because the price has been lower than the cost of their investment. And don't think of it as it will make someone rich, maybe it did but for early sellers and that was during the top and include the devs of it.

You said it yourself, all this is hype, and wishful thinking. Pi, in many ways, is an example of how a project can gain so much attention completely absent real value. It is a closed source and centralized network without any real-world use, and people telling you otherwise are either deluded or lying.  The fact that its "value" depends on the size of its user base is an even bigger red flag.  It is true that network effects can generate value, but only if there is an actual network with something valuable to offer.  At the moment, Pi generates a lot of clicks and very little else.  And in the end, you are left holding a bag of broken promises and wasted time.

You've already done your research, and I couldn't agree more. Hope and enthusiasm will eventually fade if they lack use cases and industry contributions. The hype started when it was launched seven years ago. They are still at it, but they should have stopped and moved forward to build usability. Instead, their holders are mostly hoping for another big pump to dump their shares. The community should be promoting its use case. Not its price, a coin cannot stay in the market with only hype to back it up.

Pi Network is a scam. There are many topics about this here but you can find more on X and reddit. Use the search button sir. The only use case is enriching the founders.

PI is one of those projects that made a lot of noise at my earliest stage in cryptocurrency jurney, I remember when their were so hyped that somewhat told me that the project already build several physical banks and that the oi coin is going to worth over $1000 when lounced. But at that time, I already understood that he may have been sold so fake dreams and he carried that false hope to create a hype around the coin at that time, btw, that project have remained unknown to most OGs as you can see.

It started with hype, and it continues to be so. They have a vast community and have been running for 8 years, but they are still in the testnet phase. This project takes a lot of time to build its mainnet. One of the drawbacks of this project is that it's centralized, meaning you won't receive your premined token without undergoing a comprehensive KYC. Only time can tell if this is a future giant or just an overblown hype, but right now the holders are creating hype because the roadmap are still incomplete and this is after 8 long years.

The hypes around $pi is not showcasing in what it is today. The developers have overhyped this project way too much that the future of it they’re clamoring for is it now, no any future prospects is surrounding the project as it is now. Pi took too long to launch, and this time they took never really had any impact in them even after launching. Pi is just another memecoin out there that when you’re investing into, you just have to be sceptical and not expect anything big from it.

How is pi network a guaranteed path to riches? Maybe it could've been a few years ago if someone massively farmed it prior to the airdrop and hit it big enough to sell at the peak. Now that the dust has settled, I don't honestly think there's anything that makes Pi Network better than 99% of other cryptos out there. I may be wrong but pi network is just another inflated memecoin at the end of the day. Almost zero TVL and no network activity.

Hype is a seasonal thing and that is what we have seen with Pi that had claimed to be everything needed that will be used for day to day transactions. After the Pi coin was launched, the hype started dying slowly and most people that had made profits from it started dumping the project to what we have seen today. It is not like Pi is not going to do well in the future but the problem is that the continuous hype that should have keep the project trending has died and investors are now looking for concrete reasons to keep investing in the project. If the team can restrategize the project might trend again.

8 year's already with steady hype's and endless promises, but zero results both in development and in coverage, the coin have failed to meet it roadmap for several time and this have killed investors confidence in the project. Nothing they can do right now that I will consider $pie as a good project, even if their eventually make it to binance and have good price movement.

I for one did farm PI but lost my hopes seeing the community not delivering on their promises but what can I do, I just have to take my gains by selling it & I guess that's what others did that has affected the price in my humble opinion.

Overblown hype. Altcoin like this eventually loses its hype, although even if it's cult like, people will grow bored of it. The FDV itself is already too big anyway for a coin with low utility and defi ecosystem, although I won't short it since I'm not gonna be risking my money shorting a coin with strong community like this.

Massive Selling = Price Down You've done yourself a favor by selling that trash coin, meaningless in holding $PI going forward. I've a close friend who's a $PI holder, a few weeks ago he contacted me on Whatsapp & said that he regretted holding $PI for too long & not selling it at the peak price .

I’ve heard they have solid plans coming, but can you still trust them after more than seven years? They are still in the building stage; other top coins have built their ecosystem in just a few years, and their delayed use case makes them a speculative and hyped investment. It's a long shot for them to become a future giant due to the nature of their project. It's a pure centralized project, and they require a comprehensive KYC before you can receive the token you've mined over many years. I'm not sure how their members maintain their trust, but I can easily dump this token.

No cryptocurrency will guarantee you riches so don't get it twisted before you over invest and run at loss. $PI is a big disappointment to a lot of people that was expecting something big from the community. After several years of making noise and couldn't lunch it on exchanges. They went as far as saying that when it will be listed 1PI will be $100 and it will be the next bitcoin. Finally, when they lunched it in the exchange, the value was $3 and that was the end of $PI. Not quite long the value dropped to $0.6 due to pump and dump. $PI continues to depreciate slowly overtime and the current price is $0.345. It lost value 10x the initial price when it was newly listed on exchange. It's just an overhyped coin, not different from the rest shitcoins.

Such price expectations are simply exaggerated community speculation. It's simply unreasonable for a PI network whose value, in my opinion, isn't particularly compelling. Talking about Bitcoin's replacement is utterly foolish. The community has no idea what it's worth, and comparing itself to Bitcoin is completely irrational, in my opinion.

You wouldn't blame them, it was another way to hype their shitcoin in order to lure people who are looking for cheap projects. Some people down here in my country fell for it. I know of a guy who heard such statements from PI Network community and went ahead to start buying people's $PI for $1.5 despite that it hasn't been lunched yet in exchanges. When I met him, I told him that he is only gambling with his money, and who told him that PI will be expensive when it's lunched, he told me that the news is everywhere and he doesn't want to miss this opportunity just lije he missed buying bitcoin in the early days. He will be in a big loss currently, if he didn't sell when the price was above $1.5