Pi Network Mainnet Lockup - Pi Network Mainnet Preparation

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  • Опубликовано: 18 июн 2024
  • How does the new Pi Network Mainnet Lockup feature work and what benefit does locking up your Pi offer?
    📝 How to get started with Pi Network?
    - Download Pi Network & Start Mining Pi Coin 👉 bit.ly/GetFreePiCoins
    - Use invitation code: RauchenwaldC
    - Join me on Discord 👉 bit.ly/JoinTheGroupChat
    In today's video, I'm going to share everything you need to know about the new "Mainnet" section in the Pi Network app with you.
    If you don't want to watch this entire "Pi Network KYC Pilot & Other Updates" video, you can use the timestamps below to jump to the chapter you are most interested in:
    00:00:00 Pi Network Mainnet Lockup - Pi Network Mainnet Preparation
    00:17 Pi Lockup in the Pi Network app
    00:40 Transferable vs. Unverified Balance
    02:11 How to complete the KYC verification in Pi Network
    02:51 Pi Mainnet Lockup
    04:05 Pi Mainnet Mining Boost
    04:47 200% lockup explained
    07:52 Which lockup settings you should use?
    Pi Network was founded in 2019 by multiple Stanford professors with the aim to create a coin that can equally be mined by everyone and does not provide an unfair advantage to people with more money or better hardware.
    Pi coin the official cryptocurrency of the Pi network can only be mined until the Network reaches a specific number of users.
    Since mining Pi happens on your smartphone and the mining speed is not determined by hardware or operating system of your smartphone but only depends on the number of people you invite to join your Pi Network it's by far the fairest approach to building a cryptocurrency I've seen in a long time.
    The biggest benefit of the current "mine Pi coins for free on your phone" phase is that we can be 100% certain that Pi Network is NOT a scam because it doesn't require any investment at all to get started.
    ___
    // EQUIPMENT
    Camera: 2x Panasonic Lumix GH5s
    Lenses: Panasonic H-HSA12035 (12-35mm/f2.8) & Panasonic H-FSA14140 (14-140mm/f3.5-5.6)
    Lavelier Mic: Rode Smart Lav+ 👉 bit.ly/2TL0Enn​
    Misc: X-Rite Colorchecker Passport Video
    ___
    // DISCLAIMER
    This description contains affiliate links. If you decide to purchase a product through one of them, I will receive a small commission.

Комментарии • 467

  • @haydxn6765
    @haydxn6765 2 года назад +21

    your channel is worth it Christian, makes it easier for a lot of people that do not have the time to read through the updates or "us" the lazy ones 😂 keep it up man, im planning on being a long term subscriber. your honesty and not trying to coerce people is what makes your videos likeable🤞

  • @jupitermobile6984
    @jupitermobile6984 2 года назад +9

    I love your way of communication and and honesty. Salute to you. I believe on pi from day one and you are the best person who explain pi in the best way. I believe your all research. I wish I can shake hand at least once in my life. Hope will see you in London one day. Cheers

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад +2

      Thanks 😊 Means a lot to see that some people really appreciate my content.
      London isn't that far away, maybe someday when we don't have to deal with COVID restrictions I might manage to finally visit.

    • @BhushanPatil-xd1vs
      @BhushanPatil-xd1vs 2 года назад

      @@ChristianRauchenwald sir your prediction about Pi mining price ?

  • @grassrootsflshp
    @grassrootsflshp 2 года назад +5

    I love how you explained it in a straightforward, honest-to-goodness manner (which I may not fully understand yet until seen on how it translates in reality during mainnet) than the rest of the vids I've seen on Pi. Well done!

  • @luckyigbinedion4921
    @luckyigbinedion4921 2 года назад +11

    Mr Chris, thank you very much for this video, You have been my Coach since a year now, I think I will lock up 50% for a year, one love from Nigeria.

    • @amrdel2730
      @amrdel2730 2 года назад +1

      And is this year that u goin to lock gonna srart counting from now or from the start of mainnet

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад +1

      It's going to count from the day of the transfer to the mainnet.

  • @ZROTOHERO
    @ZROTOHERO 2 года назад +7

    It's getting existing, thank you for the video .please keep updating us :)

  • @GorgonnogroG
    @GorgonnogroG 2 года назад +2

    Such a clear concise explanation of such a complex system ...I may be over thinking this but I'm on board 100 % im in it for the long run 🏃‍♂️

  • @picodehoanganhitalia8547
    @picodehoanganhitalia8547 2 года назад

    The era of Pi has come, I will continue to light up the lightning every day, thank you!

  • @leesatyson863
    @leesatyson863 2 года назад +4

    Thank you!!! Keep these videos coming 😊

  • @AiKiu_Metaverse
    @AiKiu_Metaverse 2 года назад +1

    Congratulations on your mined Pi. Hope you get a lot of referrals KYC'd. Mainnet will be awesome.

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад

      I hope so too! Can't wait to see which Pi apps will be available first.

  • @ayanabutterfly
    @ayanabutterfly 2 года назад +4

    This was SO helpful, thank you!!!

  • @freeman4172
    @freeman4172 2 года назад +13

    first of all congrats to you on the huge amount of PI that you have gotten these past two years.
    well it's hard to say if i locked it up for three years, coz crypto Bazar is really strange but I can say that holding PI is one of the best decisions that trader can make.

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад +14

      Thanks 😊 I decided to go with 90% lockup for 3 years. Either the project is a success and those Pi should be worth more then, or it fails and it won't matter anyways.

    • @ayub4929
      @ayub4929 2 года назад +2

      @@ChristianRauchenwald that’s exactly how much I have locked up. Christian I’m pretty dissatisfied with how much pi I have even after mining for nearly a year.

  • @johnrivera922
    @johnrivera922 2 года назад +3

    Thank you. Helps out a lot.

  • @nodripmcgee1650
    @nodripmcgee1650 2 года назад +2

    Ive been waiting for a video like this

  • @aquaman_ny
    @aquaman_ny 2 года назад +4

    You are top 3 of all Pioneers around the world!

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад +2

      Not sure since there is no leaderboard that I know off. I'd expect that some of the earlier pioneers are ahead of me.
      Also, don't forget most of my referrals aren't active so I won't get more than a fraction of my total balance verified.

    • @shockem3376
      @shockem3376 2 года назад

      He is a top bee coin holder 😀

    • @JTyler-je3fb
      @JTyler-je3fb 8 месяцев назад

      I would of been if I didn't just now recover my pi account after 2 yrs but I still have a 899 transferable balance right. Pioneer status sucks

  • @obiezesunday9303
    @obiezesunday9303 2 года назад +2

    Very good at explaining, keep it up bro

  • @erieri7276
    @erieri7276 2 года назад +1

    50% lock up seems the better option indeed! Thanks a lot Christian!

    • @erieri7276
      @erieri7276 2 года назад

      Still cant fully make my mind if I should go for 1 or 3 years, but hopefully I will make the right decision!

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад +5

      I finally decided to go with 90% lockup for 3-years, but I understand that it's a though decision to make.

    • @erieri7276
      @erieri7276 2 года назад

      @@ChristianRauchenwald Interesting choice there!

    • @jayantapurkayastha1565
      @jayantapurkayastha1565 2 года назад

      @@ChristianRauchenwald What will be better: +230% on 90% for 1 yr. or +463% on 90% for 3 yr.
      If in 1st year I lockup on 90% for 1 yr. and continue the same in 2nd(1yr)& 3rd (1yr)..is it will be ( 230+230+230)=690% after 3rd year

  • @YouTubeTv-dc8iu
    @YouTubeTv-dc8iu 2 года назад +3

    Thank you for this

  • @bisiflora
    @bisiflora 2 года назад +1

    Thank you for this video

  • @brennanwhite6567
    @brennanwhite6567 2 года назад +1

    Great video, thank you

  • @lanaragz5909
    @lanaragz5909 Год назад

    Thanks for your detailed and concise explanation. 🥰🇵🇭

  • @nikoh235
    @nikoh235 2 года назад +2

    Some light at the end of the tunnel. The only obstacle before mainnet is doing my KYC and hoping my security circle will pass kyc. I have locked 50 percent for two years. Thanks for the video and I always owe you for introducing such great projects.

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад +1

      Yeah, going to be interesting to see how many people actually pass the KYC verification especially because once the mainnet launches we finally also will get a better idea of the total supply.

    • @mikhailvoronkovich3675
      @mikhailvoronkovich3675 2 года назад +2

      Hey man, how did you manage to block for 2 years if there is no such option? There is 1 year, or 3 ...

    • @nikoh235
      @nikoh235 2 года назад

      @@mikhailvoronkovich3675 There is an option for that. Just adjust the tab/bar to your preferred duration.

  • @subashkushwaha1117
    @subashkushwaha1117 2 года назад

    Thanks Bro, for your kind information

  • @surBlas_xchange
    @surBlas_xchange 2 года назад +1

    Okay, thanks for a well explanation, if I should lock my pi for 2 years will my mining rate increase, because I truly believe in pi network

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад

      Yes, you can see the exact mining boost you'll receive in the lockup settings within your Pi app.

  • @gaisingthuangonmei371
    @gaisingthuangonmei371 2 года назад +1

    Thanks for the enlightenment.

  • @rangoonofeurope2147
    @rangoonofeurope2147 2 года назад +2

    Seeing te amount of Pi wallet completely shattered my dream thinking my 250 pi was alot. LOL
    Not sure wether to feel motivated or demotivated. Guess I'll keep mining. Thank you for being ultra-informative.

    • @TheHuskyFamily
      @TheHuskyFamily 2 года назад +1

      i felt the same with my 1.2k....

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад +1

      Don't get discouraged.
      1. Accounts like mine are the exception.
      2. As you can see most of my referrals aren't active, so I'll only receive a fraction of those currently 2,600,000 unverified Pi anyways.

    • @shockem3376
      @shockem3376 2 года назад +1

      With 0.01$ price you will have 2.5$ 😀

    • @donaldchuks6717
      @donaldchuks6717 2 года назад

      @@shockem3376 are we even sure it's gonna worth that amount

    • @RuzoOwzy
      @RuzoOwzy 2 года назад +1

      So in plain english; Lockup is just telling PI network that "a certain portion of my coins should not be used in transactions for a period specified??". Similar to fixed accounts for banks???
      Am I correct with that, anyone help me.

  • @jamesthomasboot
    @jamesthomasboot 2 года назад +1

    Good job , thank you

  • @adamkevin7888
    @adamkevin7888 2 года назад +2

    Hello Christian, and thank you for uploading this video.
    How will the PI I have mined be transferred to the main net? Is my wallet automatically connected somehow?

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад +4

      Yes, once you created your wallet in the Pi Browser it's automatically connected to your account. Don't forget to backup your private key.

  • @aisamitujja8140
    @aisamitujja8140 2 года назад +1

    Thank you sir.

  • @ayegbusisegun3603
    @ayegbusisegun3603 Год назад

    I love this, thank you

  • @richardsoncrete5585
    @richardsoncrete5585 2 года назад

    Thanks brotherly just sign up in hi dollar using your link

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад +1

      Thanks :) don't forget to get the KYC verification there done as soon as possible - see ruclips.net/video/u2ge7-6H2AY/видео.html

    • @richardsoncrete5585
      @richardsoncrete5585 2 года назад

      Done that already

  • @v3globalnetwork
    @v3globalnetwork 2 года назад +7

    Thanks you and as always a very clear explanation of the system. One thing I need to ask is if I decided to lock up 100% for the next 3yrs, I understand I stil HV to press the ⚡button everyday and getting more Pi coins. Those new coins, are they usable right away or going to the lock up also? Kindly advise and thanks so much 🔥⚡

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад +2

      Those new coins are available immediately. You can change the lockup once the mainnet launches and those changed settings should only affect any additional coins you get from referrals that pass the KYC verification later.

    • @adriatikus25
      @adriatikus25 2 года назад +3

      @@ChristianRauchenwald
      That was something I was curious to, are you sure about it, coz if I for example lock up 100% for 3 years I could make back all the Pi I earnd in 2 years in only 4 months, so practically the best choice would be to lock up everything for the maximum amount of time.
      Sory for the bad speling.

  • @arisnganjuk1977
    @arisnganjuk1977 2 года назад +1

    thank you Mr Chris

  • @milenkopopov
    @milenkopopov 2 года назад

    Nice video Christian,but one thing for me most important we still don't know,and that is what will be price value of Pi coin?Did we know Pi price before final lockup or not?Nobody from us don't know what will be Pi price for 1 month and what for 3 years...That is what worry me.What is the best choice?I'm thinking like you to lockup 90% on 3 years,and 10% to use now.

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад

      I don't know why everyone is focusing so much on what value Pi will have at launch... really doesn't matter. If Pi manages to create an active community that uses Pi for different things than the value will anyways increase over time as it attracts more users.
      Therefore, it doesn't really matter what the value at launch is going to be IMHO.

  • @BlaiseBane
    @BlaiseBane 2 года назад

    Great video my friend thanks allot! If you don't mind me asking, how did you get so many people into your mining team? are they all peple you know and added to the network? what ways are there to add more people?

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад +1

      My videos about Pi Network have combined more than 1,000,000 views, so the answer to your question is, if you want to have huge success promoting things you have to put in a lot of work and build/grow your audience/following.

  • @ped5906
    @ped5906 2 года назад

    Fantastic! Thank you for the education. I Liked and Sub'd

  • @alexschwed7947
    @alexschwed7947 2 года назад

    Great video!

  • @Chhiling08
    @Chhiling08 2 года назад

    Holy Moly 2M above pie coin INSANE!!!! If pie coin hit the sky rocket in futre dude you gonna be next billionaire 😅😅

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад

      Don't forget that I also only get the referral earnings from users that are still active and pass KYC, so my actual balance will be much much lower than what's shown on the screen.

  • @musabnachan8529
    @musabnachan8529 2 года назад +1

    GOOD EXPLAINATION

  • @delainn1269
    @delainn1269 2 года назад

    Hey,Thank you for info! 1 question pls, if I setup today a specific value on Look Up but I will change next day to another value ?? What is the deal? Very confuse ! The last setup value is going to cancel the previous one ? Or is going to apply from now on ? Thanks în advance !

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад

      You can change the lock up value until the balances actually get transferred. Not sure when exactly that will happen but it should be soon.

  • @tenwillwilson4255
    @tenwillwilson4255 2 года назад

    Awesome i do love your channel have a question about Pi lockup can i wait till mainnet before locking up my coin

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад

      No, if you don't set the lockup before the mainnet launch your coins simply won't be locked up and you won't get the mining boost.

  • @edimukenneth2778
    @edimukenneth2778 2 года назад

    Thanks for the info.
    Will the lockup take effect now or later after mainnet?

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад

      The lockup effects how many of you coins get locked when when they are transferred to your mainnet wallet.

  • @elie.skaf123
    @elie.skaf123 2 года назад +7

    Amazing 🤩

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад +1

      Thank you! Cheers!

    • @RuzoOwzy
      @RuzoOwzy 2 года назад

      So in plain english; Lockup is just telling PI network that "a certain portion of my coins should not be used in transactions for a period specified??". Similar to fixed accounts for banks???
      Am I correct with that, anyone help me.

  • @jessiemcnard9761
    @jessiemcnard9761 2 года назад +1

    Hey Chris, thank you please do one content of the new update of pi network today? Thank you

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад +1

      Working on it... should be online around Wednesday (have a few other things to do right now).

  • @donaldchuks6717
    @donaldchuks6717 2 года назад

    Amazing explanation, I just bumped into ur channel and all I can say is ur explanation is so self explanatory and that made me sub ur chanel.
    Pls I want to ask u , do u have any idea pie can lauch with like approximate figure u are looking at

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад

      Thanks for the feedback.
      No, I don't have any estimate about the potential value of Pi. In the end, the community and the open market will decide how high each of us value their Pi.

    • @donaldchuks6717
      @donaldchuks6717 2 года назад

      @@ChristianRauchenwald OK thank u

  • @SuperNexxes
    @SuperNexxes 2 года назад +1

    So the lock up only affects your mined pi & not the bonus pi, so when your referrals pass their KYC & the bonus pi get transferred to your mainnet balance, would it automatically lock up?

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад

      Yes, once your referrals pass KYC those "bonus Pi" will be transferred as well and will also consider your current lockup settings.
      You can, however, change your lockup settings at any time.

  • @ezparoggebant2348
    @ezparoggebant2348 2 года назад

    Hi Christian. I have been mining with my group for a year. on the six steps. 1. do i have to download the app again as I am mining on it already. 2. Do i have to download browser again with my test wallet. Will my test wallet become Mainet wallet with my passphrase and wallet ID I have from my test wallet. Great channel. Pity Pi has no support videos to help. I have lost some on group who lost their app and did not know how to get back. No info from Pi. Thanks for all info we follow on your channel.

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад

      No need to download anything again.
      As for the wallet, I assume that your test net wallet will turn into the mainnet wallet, but if not you'll for sure have an option to create a new mainnet wallet.
      Yeah, Pi could've done much better in terms of marketing and support content. You can see that the majority of my referrals also already "gave up" which is a huge pity for me and for them.
      Anyways, take a look at the new checklist that's on the homescreen right now :)

    • @ezparoggebant2348
      @ezparoggebant2348 2 года назад

      @@ChristianRauchenwald Hi Christian. Thank you and for your channel once again. I have two members in my secure group who got new phones, (same numbers not new,)downloaded the app and put in username and password. The app started but it went back to mining from 1 Pi. Thy have lost all their Pi and are angry as have been mining and verified with FB for a year. Even though they are mining from one, they show on my secure group but does never show the mining. I have a few with other problems an all are friends/real people verified in the old FB and phone number. Another (3rd one) downloaded app. put in UN and PW and it says number already in use. Pi has no support structure to assist people, so we have to rely on guys like you to help. One would think they would be more organized in educating properly. Imagine doing all this, get listed, buy more Pi, change to new phone and same number and then you find it's all gone and you don't even know how to find it or get help. That is their shortfall. lots of updates, no education. Can you help there in any way? thank you Bruce

  • @HUN73RK1LL3R
    @HUN73RK1LL3R 2 года назад

    So reading the white paper today, they stated that they will have a max supply of 100 billion pi coin, and that 65% will be mined for those who partake in the process. I see a lot of people throw random numbers for “price predictions” such as $100 or higher, I can’t see due to the supply how that will be possible.

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад

      One important question is how much of that supply will be circulating, but even more important, how much each Pioneer is willing to sell their Pi coins for.
      If nobody would be willing to sell/use their Pi coins for less than $100 then that would be the value of Pi no matter how big the supply. But obv. with more supply it also means that there'll always be some that will be willing to sell for $0.0000001 as well.
      Either way, the enclosed mainnet should help get a rough idea of how the majority of users value their Pi already before we then will see a definitive value on the open mainnet once Pi gets listed on the first exchange.

  • @ngesconradnkwain4773
    @ngesconradnkwain4773 Год назад

    Great work sir

  • @PiNetw0rk
    @PiNetw0rk 2 года назад +1

    😍Good video !👍💯👍

  • @aboudiamond5703
    @aboudiamond5703 2 года назад

    Hi Christian, I like to go for 200% after the mainnet, my transferrable balance to mainnet is 233 pi. And my unverified balance is 273 pi. if my referral are kyc'ed do you think my 200% will be reached? Nice video

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад

      You'd only achieve the 200% if you also receive Pi from other users by, for example, selling products/services in exchange for Pi.

  • @prossoundz8046
    @prossoundz8046 2 года назад +1

    How long will the boost last for the lock? Will this be your new base mining rate?

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад +1

      Good question. I assume that's mentioned in the updated new about the mainnet launch, but I had no time to dig into this so far.
      Probably the boost is valid for the entire lockup periods and ends once the lockup ends.

  • @cryptocurrencyairdrop8749
    @cryptocurrencyairdrop8749 2 года назад

    You make good.money by referring by your Channel good job

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад

      Only time will tell if and how much I made by covering project like Pi Network on my channel.
      In the end, I only make money (besides the general RUclips revenue) IF the people that signed up also made money (= Pi succeeds and has a decent value).

  • @ajsantos3739
    @ajsantos3739 2 года назад

    Hey Chrisitan, have they released any method for updating/editing the phone number for verification purposes? I mistakenly inputted one wrong number and haven't verified so far :(

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад

      Unfortunately, no. Just link your Facebook instead so you can use that to regain access to your account if you ever need to.

  • @ikediiwere6423
    @ikediiwere6423 2 года назад

    Thanks for wonderful and easy explanation but please tell them to make kyc public for every user

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад +1

      You just have to wait a bit and KYC will show up for everyone.

    • @ikediiwere6423
      @ikediiwere6423 2 года назад

      @@ChristianRauchenwald please advice on lock up. Cos we are human . Like if I lock up for three years but God forbid I die the coin is gone or what . Just your advice will be appreciated

  • @AreUaFoodie
    @AreUaFoodie 2 года назад

    Christian, useful info. Is it some kind MLM scheme? Is it the more people join under me the bigger bonus or reward I get? Do I have to set up a group? Will you advise? Thanks

  • @craaz7587
    @craaz7587 2 года назад

    I believe that the Pi coin will be worth a lot in the future so which setting is best for me? My English is not the best so I didn’t understand everything

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад

      Only time will tell how much Pi will be worth and only you can decide the best lockup setting for you.

  • @adhassan8891
    @adhassan8891 2 года назад

    Sir,can you make a video about the pichainmall,I am still having a hard time to understand it and what is it all about

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад

      Sorry, my video schedule is already full for the next couple of weeks. I'll look into different use cases for Pi once the mainnet launches, until then there isn't much point to it IMHO.

  • @kanyenziracedrick8502
    @kanyenziracedrick8502 2 года назад +1

    Love from Rwanda!The phone number i used is not registered on my names.Will this have negatve impacts during KYC?How can I change phone number?Thanks

  • @Mr_Zesty
    @Mr_Zesty 2 года назад +7

    Dude, how do you have so much pi? It looked like you were mining like 260 pi per hour… geez man. I’ve been mining for a couple years now and have a fraction of what you have. Holy cow

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад +2

      My videos about Pi have more than 1,000,000 views combined. So, investing a lot of my time into research and publishing videos is what got me all those referrals.

    • @ImJustSayingLOL
      @ImJustSayingLOL Год назад

      Your eyes must be broken

  • @robertlaron3841
    @robertlaron3841 2 года назад

    That's a lot of PI,sana all,🥰

  • @haluongvlogspi3180
    @haluongvlogspi3180 2 года назад

    Wow 🤩 have a lot of Ref and lot of Pi 👍👍👍😻😻😻

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад +1

      Well, as you can see most of them aren't active anymore so my final balance will be much lower from what's visible right now.

  • @novzkievediogames832
    @novzkievediogames832 Год назад +1

    New subriber 👏

  • @Elegant_graphic
    @Elegant_graphic 2 года назад

    Love form India..♥️

  • @axor1038
    @axor1038 2 года назад +1

    Will you lock your Pi chris and if yes how much ?
    If I decide to lock up 100% of my Pi for 3 years and then change my mind after a month, can I take them back or I will have to wait for the 3 years ?

    • @adhassan8891
      @adhassan8891 2 года назад

      You can't change them back,you will have to wait till 3 years of duration you placed it

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад +2

      Wouldn't be a lockup if you could just change your mind at any time 😉

  • @josephtiessen
    @josephtiessen 2 года назад +1

    I'm a little lost but just to clarify the whole point of locked up is so that people don't sell all their pi the second it goes to mainnet correct? And by locking it up once pi is on the mainnet that's how long your crypto will be locked up until you can sell it and by having it locked up you get a mining boost?

  • @nomerdelacruz6618
    @nomerdelacruz6618 2 года назад +1

    New subscriber here😁

  • @ninjanamedbob2407
    @ninjanamedbob2407 2 года назад

    so basically you lock up some coins for a certain amount of time to get a boost. so does the boost effect the coins you locked up or the coins youre currently mining?

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад

      No, the boost will only affect the mining rate on the mainnet. There is no interest on the locked up amount.

    • @ninjanamedbob2407
      @ninjanamedbob2407 2 года назад +1

      @@ChristianRauchenwald Thank you

  • @sniperpaintcorrection6790
    @sniperpaintcorrection6790 7 месяцев назад

    I don’t understand the boost and lock up at all. When it first started I put 3 years at 100% idk if this is a good thing or bad thing

  • @ngobisingh3083
    @ngobisingh3083 2 года назад

    How could I complete my KCY when it reach voluntary limit of the country? Would i have to lost my pi coins if i don't complete KYC in mainnet?

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад +1

      You have to wait until the KYC feature unlocks for all pioneers.

  • @ZROTOHERO
    @ZROTOHERO 2 года назад +3

    The would be just like owning bit coin in 2010 and deciding to sell it when it reaches 100$ in 2012

  • @johnhunter8330
    @johnhunter8330 2 года назад

    Hey I really need some advice and help as I've got many apps with satoshi and also added money to a few apps like storm gain but can't open binance or coinbase because I don't have proper ID I have a defi wallet with crypto but I'm so new to this I'm completely confused and dont know what I'm doing tbh. How do I withdraw these cryptos into a place where I can withdraw to my bank account. Thanks

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад +1

      StormGain offers withdrawals to bank accounts, see stormgain.com/fees-and-limits
      For the rest you'll have to open an account with an exchange like Coinbase, Binance, Crypto.com,... and probably you'll have to get an official ID to pass the verifications each of these exchanges will require.

  • @LiftSlotsRepeat
    @LiftSlotsRepeat 2 года назад

    Question bro.... is there anyway I can log into my account since I changed my number and got a new phone and nothing got backed up? I sent an email to the mine pi team but they haven’t gotten back to me. I do not want to start over I been mining for about 2 years now.

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад +1

      If you linked your Facebook account then through Facebook, otherwise, I'm afraid no.

  • @uprdotshm
    @uprdotshm 2 года назад

    Sir if the percentage of mining rate after lockup is 400%, how much will I be able to receive in one year and in 3 years? I mean how much is it is it 4x to my PI coins in one year? Please respond

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад

      That depends on how many referrals you have, how many of them are active, and how active you are.

  • @sfr36
    @sfr36 2 года назад +1

    So what I understand from this is that the amount of coins that I have right now will be locked according to how much I choose to be locked and then I cannot use that amount of coins for the period I locked them but I will eventually get them back after that locked period ends. As for the coins that are not verified, we cannot lock them but will we be able to use them when pi coin launches in the market?

    • @gmajorkey2918
      @gmajorkey2918 2 года назад

      Exactly

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад

      The unverified coins will turn "verified" once your referrals and/or security circle members pass KYC.
      Those will then be transferred to your mainnet wallet and locked up as well using your latest lockup settings.
      You can change your lockup settings at any time, so you could configure a 90% 3-year lockup now, and then once that happens change the settings to 50% and 2-weeks, for example. Then your first batch of coins would be locked up according to the initial settings and all coins that you receive later (as your referrals keep passing KYC) would be locked up using the new setting.

    • @RuzoOwzy
      @RuzoOwzy 2 года назад

      So understanding is similar to a bank fixed account??

  • @ahmedaraby3909
    @ahmedaraby3909 2 года назад

    wat should i do if my coins less than 1000 imean verfied coin it best way is freez some of my coin or no and i used it without freezed

  • @tiger_NITA
    @tiger_NITA 2 года назад +3

    Hey Christian, love from India, i wanna know that, will i be able to pass kyc as i'm 17 yo right now !!

    • @belch1693
      @belch1693 2 года назад

      Dude even am 17 would love to know if you earned some crypto with no investment
      If so please do help me out

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад +1

      Yes, the min. age for Pi Network is 14 years.

  • @francisbarona8513
    @francisbarona8513 2 года назад

    so the mining thru tapping the mine buttom everyday is continue after mainnet lunch?

  • @vaibhavrk1163
    @vaibhavrk1163 2 года назад

    i have one question please solve
    can we mine even after mainnet lauch just like as we are doing now.
    need answer and if yes than will it be free to mine just like now

  • @mansoornoori7182
    @mansoornoori7182 2 года назад

    During the lockup duration can I use them if Pi launch ? e.g now I did the lockup configuration 100% for 3 years, in the further maybe 5 months or 1 year letter it launch to the market, then can I change the setting and make them active for purpose of exchange/use them ?

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад +1

      No, please carefully read the descriptions in the Mainnet and Lockup sections of the app since they explain in detail what the lockup means.

  • @benson0928
    @benson0928 2 года назад

    So, it sound's like lockup means the coin you "stored" in Pi system and can not use it in other way like trading or make some profit.
    One thing i do not understand is that lockup only applied to those future coins but not the number show in your app. am i right??

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад

      You can find a detailed explanation of the lockup feature in the app as well.

  • @AdamC4
    @AdamC4 2 года назад

    Thought I was getting a decent amount of Pi until I saw yours lol! I’d assume it’s from all your referrals from RUclips?

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад

      Yes, and while my numbers look insane, always keep in mind that most aren't active anymore and my actual balance on the mainnet will only be a fraction of what is visible in the video.

  • @gussindra9378
    @gussindra9378 2 года назад

    After minet close, can I do mining until minet open? And got booster after pinish contract?

  • @kazeemsaliu2667
    @kazeemsaliu2667 Год назад

    Hi Chris I’ve locked up for 3 years but I’ve not done my KYC yet .. is it still possible to change the lock up before I do my kyc

    • @ChristianRauchenwald
      @ChristianRauchenwald  Год назад

      You can try - see ruclips.net/video/DK-uH4xNN_Y/видео.html - but I think you can only change it after the first migration happened (if you already saved some setting).

  • @epolycarp4
    @epolycarp4 11 месяцев назад

    Thanks for your time. However, after my first lock up period expired, i tried locking up for another one year. I see SAVE at the bottom ot the dialogue box but the luck up reward has remained zero for more than a month now and my previous luck up balance is year to be released. What should i do?

    • @ChristianRauchenwald
      @ChristianRauchenwald  10 месяцев назад

      Lockups only affect coins that migrate from the app to your wallet. There is right now no method to lock up coins that already unlocked.

    • @ChristianRauchenwald
      @ChristianRauchenwald  10 месяцев назад

      Also check out ruclips.net/video/5CyRcsORo5w/видео.html&

  • @ezcashflo
    @ezcashflo 2 года назад

    can i unlock at any time ?? b/c if i find the Pi value is to my liking .....i might need to turn it to cash . . ....but if its locked up ....can i reverse it ??

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад

      No, that's the whole purpose of the lockup that you commit to the selected timeframe.

  • @ShivaKumar-sj6fv
    @ShivaKumar-sj6fv 2 года назад

    Hi Cris, that's great your mining numbers appreciated and I ask you to how can you reach or how you can invite more people for using your invitation code can you suggest me to grow our mining rate how to invite more people

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад

      The free videos at af.boaa.it/affiliatebootcamp are what taught me how to promote pretty much anything. (Ignore the $100 course - although it's also great - and just enjoy the free videos).

  • @ivorsimic5212
    @ivorsimic5212 2 года назад

    will i be able to change my name if i accidentaly got a letter wrong and didnt realize until it was too left

  • @joeswanson733
    @joeswanson733 2 года назад

    hello. the config lock up rate button for me won't load. why is that? now for more info i just signed up and set up 1 day prior to me commenting on this. any input would be nice, thanks.

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад

      Mhm, not sure. But I'd just try again in a day or two, might just be because during the first day you don't have any balance to lockup and no finished mining seesions.

  • @tnt4457
    @tnt4457 2 года назад

    So if I lock up 100% of my Pi for 6 months, does that mean once Main Net goes online, I won't be able to use all of my Pi or sell it for fiat currency?

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад +1

      Yes. I recommend you take a look at ruclips.net/video/R6mX_kfK3y8/видео.html

  • @alikabiru364
    @alikabiru364 Год назад

    Hello sir I have mistakenly lockup my duration to three years is there anything I can do to change it to 6 months b4 the expiration date,does this also means that my KYC could be after the expiration date? Tnx

  • @michaeldavids5658
    @michaeldavids5658 2 года назад +1

    I was able to verify with my Facebook but would it be a problem if I am unable to verify with my mobile number. Please I need to know

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад

      No worries. Facebook OR Phone is enough. Just need to also pass the KYC verification (coming soon in the Pi app) and you are good to go.

  • @peternickson4179
    @peternickson4179 2 года назад

    I took the tick out of the box that says ' automatically lock up a portion of pi' then pressed save. Does this mean I have saved the setting that I don't want to save any of my pi. That is what I want. I am a little scared it may have committed to a default setting without me knowing. What do you think? My understanding is that if you untick the box then your not saving.

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад

      If you unchecked the box and saved then none of your balance will be locked up.

    • @peternickson4179
      @peternickson4179 2 года назад

      @@ChristianRauchenwald Thank You.

  • @cmerelo
    @cmerelo 2 года назад

    If I lock up 100% of what I have now for 3 years, is the PI that I mine afterwards locked too, or can I sell that new mines PI..

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад

      No, it's only affecting the Pi you got before the transfer to the mainnet. Anything you receive on the mainnet won't be locked up.

  • @georgepliak
    @georgepliak 2 года назад

    Bro can you make a video how to withdraw Geo cash - phoneum and timestope to a Wallet app? I have send again a request before a few days but you didn't answered! Can you make a video explaining in which wallet apps exodus? Coinomi? And etc can we withdraw these crypto currencies and how can we withdraw them from the original app to our wallet app?

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад

      For Phoneum check out ruclips.net/video/uYq8FoXFEjE/видео.html
      For GEOcash and Timestop you'll have to wait a bit.

  • @sumithsreenivas9709
    @sumithsreenivas9709 2 года назад

    Hai brother what about the price of 1 pi in mainnet ? your guess ?

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад +2

      I don't know why everyone is focusing so much on what value Pi will have at launch... really doesn't matter. If Pi manages to create an active community that uses Pi for different things than the value will anyways increase over time as it attracts more users.
      Therefore, it doesn't really matter what the value at launch is going to be IMHO.

  • @sniperpaintcorrection6790
    @sniperpaintcorrection6790 7 месяцев назад

    How do you have so many pi? I’ve been mining for about 2 years and have only 1888

  • @Hardcoremawl
    @Hardcoremawl Год назад

    Hi can you please explain how to get more miners as I can do it or my invite code just puts them in my security circle

    • @ChristianRauchenwald
      @ChristianRauchenwald  Год назад

      You have to invite new users to Pi Network and they have to use your nickname during sign-up.
      In other words, if you want to have a lot of referrals, you also have to put in a lot of effort to reach many people looking for ways to get crypto.

  • @DNRracing
    @DNRracing Год назад

    So if I did 100% for 1 year I have 0 pi when I transfer? I didn’t realize what it was when I did it and it won’t let me lower it now

    • @ChristianRauchenwald
      @ChristianRauchenwald  Год назад

      Exactly... while that sucks, it's also on you for not carefully reading the provided information before confirming your lock up settings.
      Lock at the bright side, once your coins become available there should also be more usecases for them already.

  • @XEROXBEASTyt
    @XEROXBEASTyt 2 года назад

    hello christian!
    can i lockup my pi after march 14th?

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад

      Sorry for the late reply. Yes, lockup settings are still available until the first transfer to the mainnet happens.

  • @themoneyslaps
    @themoneyslaps 2 года назад

    💪🏽