The problem of calculating power
The value of PI and the time of RMB are mainly determined by the third-party transactions, and there will be instability with the economic fluctuations
generally, cryptocurrency holders have two options to change their cryptocurrency into "real" currency (or "cash"):
purchase goods and services directly or exchange their cryptocurrency with government issued currency (such as US dollar, euro, etc.) in cryptocurrency exchange. Buy goods and services directly with your PI. PI network is building a peer-to-peer market, and our members will be able to purchase goods and services directly with PI. Our goal is to try Pi's in app transfer in the fourth quarter of 2019
exchange PI for government issued currency in cryptocurrency exchange. PI's core team cannot control when cryptocurrency transactions (such as binance, coinbase, Kraken, etc.) decide to list PI. However, PI will be able to trade in phase 3 of the project, mainnet. At this point, the exchange can choose to list PI. Meanwhile, PI's core team is currently focused on implementing our technology plan (see our white paper) to reach phase 3
simply put, the number of followers of PI coin mining per hour will be higher, because the project was launched on March 14, 2019, and it took one year to complete the launch. A few days later, it has completed 1 million downloads in the Google play store, with an average star rating of 4.6 (out of 5). So far, PI network has more than 3.5 million registered users< br />
1. How will the price of PI be determined
pinetwork will work in a similar way to bitcoin in determining the price, because bitcoin can only be obtained through mining in 2008, and then bitcoin trading begins. It was indexed on coinmarketcap.com on April 29, 2013 at a price of US $143, and it will take more than five years to issue. Therefore, similarly, pinetwork will work according to the same standard, So we can mine picoin at present, and the balance will be displayed in the wallet. The price will depend on the number of coins mined and the collection number of PI. According to the official transaction, the attention of money in the network, goods and services will start in phase 3, because the current phase 1 is in progress, so we have to wait for phase 2, In this phase, they began to build the infrastructure of pinetwork with the help of blockchain
2. PI network price forecast
many miners have thousands of picoin in their wallets. Some of them have been mining this cryptocurrency since March 2019. For more than a year, they desperately want to know the price of picoin. Just like opening an application, they get the mathematical symbol of PI, which is 3.14, so many forecast variables say it will be the price, But PI network keeps this secret to keep buzzing and increase the number of downloads, because the official social media processes more tokens or according to changelly's prediction, the price of APP download will be the price of pinetwork, changelly predicts that the price will be $0.16 in 2018 and $1 in 2020, just like we did in 2020, so this value may not be correct, Because most users hold more than 100kpi coins in their wallets, if the value of the coin is equal to $1, they will get $100000 after indexing the coin<
3. Price forecast 2020 of pinetwork
the concept behind pinetwork is very simple. They want to eliminate paypal and another payment method that charges you higher transaction fees. Therefore, on the cryptocurrency platform, they hope to change the global transaction ecosystem with the entry-level third party, and it is reported that e to the rection of the number of miners, After the rise in the price of bitcoin in 2018, it is difficult to mine most cryptocurrencies, so most miners are looking for new coins worth less than $1, because the index date of pinetwork is still unknown, which means it will be listed on the trading platform to buy goods at a specific price, so there is no official date to announce, because most miners are still waiting for the index date, Because a year after completion, it's time to index prices on coinmarketcap.com
4. How to mine PI network coins
Step 1: go to minepi.com and confirm your operating system, That is, apple or Andriod
Step 2: Download and install pinetworkapp on the mobile phone
Step 3: log in to the account with Facebook ID or phone number with country code selected
Step 4: enter the password and confirm
Step 5: enter the invitation or recommendation Code: swapnilkale (this code is mandatory, use this code, You will get 1Pi coins as a reward)
Step 6: follow the application to run the automatic steps, and then start mining
Step 7: recommend your friends to increase PI coins per hour
note: you can close the application without leaving it open
5. Answers to PI network FAQs
when will PI network prices start to show
A: in stage 3
is the PI network worth more than $1?
answer: Yes, it has completed 3.5 million users' network access, which is higher than bitcoin from 2008 to 2013
can we withdraw my PI coins
A: No, you can wait until stage 3
will PI become real money in the future
answer: Yes, and the official website has guaranteed that I can withdraw my coins after registering with users and starting the transaction
Where can I deposit PI coins
answer: in the same application, pinetwork is not only mine, but also a wallet
is pinetwork legal or a scam
answer: pinetwork is legal and has been approved by Google and appleplay stores because both companies have to verify the owner details before listing them on their networks.