Glad to hear that... I think with Pi there is nothing to worry anymore and am quite certain we'll see phase three by the end of 2021 or early next year. We may not be happy with the value it has at launch, but then most other altcoins also took quite some time before they reached decent values.
You are 100% right, trust ist crucial not only in Pi but in our everyday life. I knew that many people would doubt if my first video is legit and that only by showing physical proof they'll see that I'm serious. I do hope the video helps to show more pioneers the potential of Pi Network and maybe even helps some people to get more people interested in the project.
@@ChristianRauchenwald I have not! I don’t quite understand it but if someone approaches me ready to move forward they could most likely help me get set up. I need to rewatch some of your content on how to get set up
Thanks for the update of your first purchase from your Pi. Great and hope it will grow with more fruitful results in the future. Good luck to every Pi miners....
@@ChristianRauchenwald i don`t understand how you were able to use Pi since the wallet was launched only on 1st april 2021 and also with Test-Pi. Would be better if you could stick to facts and truth. my2cents
@@HodirlanCristianG Here is an idea, instead of accusing me of lying actually watch the video and listen to what I'm saying and you'll understand how it works.
@@ChristianRauchenwald i did watch the whole video, but that doesn`t mean it explains how you could transfer Pi, when the wallet is only available with Test-Pi.. so maybe you`re good at promoting this, but it`s sure for me that`s not possible, since the real Pi is not available for transfers. So i`m calling you BS! Watched also the other video and got more into it.. instead of using the "Pi Network" click bait, you should simple say it`s another app (TPL) and it`s an agreement based on nothing... cause people could ending NOT giving those Pi to the backers once the Pi Network goes to mainnet. Maybe there is something I miss here, but there is no way you or anyone could force me to stick to TPL agreement and give you my real Pi (remember, you and only you can access the Pi tokkens/coins when it goes LIVE). my2cents
I am with you 100% the road to follow with Pi just to also say thank you for your amazing presentations and congrats on your Amazon Order Pi Rocks HODL~~
Thanks for leaving some positive feedback. Yeah, I'm also still stunned that I actually could pay for that with Pi coins. Can't wait where Pi goes from here, especially since we are close to phase three now.
Let's wait for phase 3 of pi network to see what pi is really capable of, im not someone who don't trust pi or any other crypto project, but every one has to be real about pi supply cap if it reaches 60% of supply it will be good for community but only if all of holders choose to hold their coins for some time which is highly unlikely, so there is an risk of dropping pi price at first week after phase 3, and one more thing is keep coming up at my mind and it is what will pi blockchain do and what will be use case for it in the future, also how will blocks gonna be mined or calculated is there nodes for all transactions ecd.. Anyways i supports pi community and i hope that it will be great project in the future..Also great video man.. 😁
Wallets should come soon but I'm not sure if that will also enable in-app transfers between KYC verified users or not. The way it looks right now phase three will happen end of this year or early next year, so we are already close to the finish line.
@@ChristianRauchenwald we hope so. I do get Pi TRANSFER from FEVER IQ but I cannot transfer pi to anybody though KYC is already completed what can be the reason? I have pi in Android not in pc. Thank you
What is innovative that I found about pi is the pi community is the first miner community in blockchain world, eliminate monopoly in mining which is at the same time eliminate price manipulation, you know what I mean right, especially Bitcoin the price is too volatile because of price manipulation. I think if DeFi and Staking available in pi community, it will attract more pi user. Never let pi coin to become one of the speculator instrument because the pi price become too volatile like Bitcoin.
Good job, dude! Greatly explained! Short and to the point. Without drowning us in unneeded information. I'll make sure to watch other videos about Pi coin made by you, and I will share them to friends who are still sceptical and think that Pi is some scam. Keep up the good work!
Thanks, appreciate the positive feedback. IMHO the video at ruclips.net/video/PekumsFGWuc/видео.html is the only one you need to share with "doubters". It's quite long but deals with literraly every argument I heard during the last months.
I have a question about the bottom of the box. You said it hadn't been opened but when you lifted the box up the sellotape wasn't what Amazon use 4:30. Can you explain why this was?
Nice catch. The tape at the bottom is/was white and said "Customs", since I'm currently in Ukraine and the package went from Amazon to an address in Poland (couldn't order it directly to Ukraine) and had to go through customs. So, what I probably should've set is that it hasn't been opened by anyone besides customs but I simply didn't think of that during recording. If you still have doubts, here's everything you need to see: 1. Since the user handling the transaction couldn't add another delivery address to his Amazon account and we trust each other I placed the order myself, see prnt.sc/10diy46 and ordered it on my wife's name to the import service our postal service offers - npshopping.com/ - , see prnt.sc/10diylh The package got delivered to the forwarding service in Poland, see prnt.sc/10dizdm and forwarded to us in Ukraine (on the way customs had a look and added the new tape on the bottom). 2. Now, obviously, this means I paid €45.99 which is not exactly paying with Pi, so after I provided proof of ordering the item and payment to the other user he reimbursed me. See prnt.sc/10dj0tz 3. Next, he received the 0.45 Pi from the IAT user backing the transaction, see prnt.sc/10dj18s with a note that I still owe 0.05 Pi. The transaction also got logged in the #pi-transactions channel within the TPL community as transaction #1395 - see prnt.sc/10dj24e (since then there have been around 300 new transactions in TPL). 4. So, now I received the item which I didn't pay for in FIAT (since 1. and 2. equal zero FIAT expense for me). The user handling my transaction already received 0.45 Pi from the IAT user that backed the order and I will have to pay back 0.45 to the IAT user and pay the missing 0.05 Pi "tip" to the user that handled my transactions once we reach phase three and I'm able to transfer coins myself.
@@ChristianRauchenwald That's fine. Thanks for the update. I just wanted to ask, there's a lot of people saying Pi is a total waste of time and possibly a scam. What's your honest opinion on Pi. Is it something that will materialize to be something of real value or is it a waste of time?
@@LuckyCharm666 He paid someone Pi coins, and the person he paid bought the product on Amazon for him (with Euro). He did not pay Amazon directly with Pi
There is just so much I disagree with in this one comment. Sure Pi has a lot of potential, BUT unless people use their coins it won't have a value. Only if people use them vendors have a reason to accept them and that's what gives the coin a value. Spending a 0.x Pi now at this quite nice fixed exchange rate also helps to establish the belief that Pi is worth way more than just a few cents or $1, so while there is nothing wrong with just holding your coins, there is also nothing wrong with already giving Pi a real world usecase by spending a bit. That said, simply because of the supply Pi won't be worth even remotely as much as one Tesla. Maybe in the future after a decade or two but for sure not during the first couple of years.
My pleasure! Btw. the TPL community is also going to auction a computer on Pi day. More information about that at ruclips.net/video/GBbmIbxMKpw/видео.html
I have about 4K coins just started mining this week at a mining rate of 40 tokens per hour and Over 1k referrals! I’m excited to see what the future brings
📋 Want to start spending some of your own Pi coins? 1. Start by watching 👉 ruclips.net/video/ajCEGLNLNJo/видео.html 2. Want to know more about Pi and who's behind Pi Network, watch 👉 ruclips.net/video/PekumsFGWuc/видео.html 3. Consider joining our community Discord as well at bit.ly/JoinTheGroupChat 4. Let me know which topic you want to see next 👉 bit.ly/TopicsToCome 🥧 For more information about TPL, I recommend you also check out the official TPL RUclips channel 👉 bit.ly/3qhBk6r If you haven't signed up for Pi Network yet and nobody else told you about Pi Network before watching this video, go ahead and join Pi Network at 👉 bit.ly/GetFreePiCoins and use the invitation code "RauchenwaldC" (without the quotes).
Hi. Can you plesse search about eagle network. I havent find anything about it and it looks like pi and bee but i havent sign in and dont find any whitepaper i dont know if it is inside the app after register and i havent
Great video thanks. Does this mean 1 Pi coin will become divisible or is this just theoretical for the time being? I guess if Pi coins are going to be mined to a capped number then 10,000 Crumbs per Pi might work :)
To be accurate Pi Coin and Pi Network Coins are different things. This video is about Pi Network and the coins in Pi Network. And yes, Pi Network Coins already can be divided, you can even see it down to 4 decimals already in the Pi Network app.
@@ChristianRauchenwald Thanks for your response and clarification. I need to watch more of your videos and get up to speed with the full architecture of Pi. keep up the great work, it's very much appreciated.
Cool, great to see that some people that are already part of TPL also watch my videos. I also like the community and what it does for every pi user out there.
@@roylyx2334 😂 I'm like an eagle ^^ unless RUclips doesn't show me a comment (which happens, unfortunately) I do my best to read all of them and reply. Helps me to learn what questions my videos left unanswered, what other topics my audience is interested in, and to get rid of spam in the comments. I'm sure someday I won't manage to do that anymore, but as long as it only takes up little time every morning, I'm going to keep doing that.
Would be great to buy my boys a crazy cart each with the 200+ coins I have at the moment... But im happy to hold for now and when pi goes into stage 3 and I understand more about how I can help this community ive been brought into then im sure my boys can rock some crazy carts then... (this is not a promotion for crazy cart but people even as a dad they are absolutely brilliant fun) (super basic and epic smiles..
Christian, I am wondering if there is not on problem, when pi goes to stock market... Many many people will try to straight up sell their pi coins but if too many want to do that and there are barely any buyers, than the value drops very hard. And I can’t think of a case where people at the market will actually want to buy pi coins.
And that's why it helps to make transactions right now so people see that Pi is worth more than $1 or $0.0001 so when the first people dump their coins and the price drops a little the rest won't sell because they already know that Pi can be worth more.
Thanks, really appreciate the positive feedback. Doing my best to provide content that proofs that Pi - while not yet in phase three - is a legit project with a lot of potential.
I really need to know some information about your transaction. I’m miner of PI myself. First off, why Nicholas Kokkalis didn’t mentioned anything about TPL in his presentation. Second, how did u even manage to transfer the current PI that we mine when it’s not allowed to transfer yet? Can u please enlightened us
Hard to say, I finally found some details about the company behind the project (thank's to a member of our Discord) and am now digging into the owner of that company + also contacted Bee with some questions recently and waiting for answers to provide an update video.
@@ChristianRauchenwald awesome man! Thanks for taking time to look into it! I look forward to the next video. I have discord! Is possible to join your server?😁
Not only is the package in this video definitely not "used goods" but there are plenty of small stores within the TPL community that sell brand new goods. But sure, if you don't want to use some of your coins already that's fine too.
Hello Christian. Could you please make a video on Cardano(ADA) or will you please tell me does it have a future. How much price it'll hit in the coming years?
great vid. do you know by chance what will happen to the pi coins that that were mined by fake/ unverified accounts? will they be redistributed or will have to be re-mined?
If they won't sign up you likely don't know enough about the project to deal with their doubts. ruclips.net/video/PekumsFGWuc/видео.html should have all the answers you need. With the information in that video and the question "what do you have to lose" there is IMHO no reasonable argument left not to sign up.
😂 Probably going to publish a bit more during the next weeks since I have a huge "topic backlog". Glad you enjoy my videos! And thanks for taking the time to leave a comment.
Xup, thanks for the update. Uhm.. Quick question. When my referrals don't do KYC. Will I loose their contribution when their accounts get burned in phase 3?
Yes, you'd lose the coins your earned through them (so the increase mining rate). Personally, I expect to lose up to 75% of my coins because of that, but overall it's a good thing as it will reduce the overall supply and in the end means each coin you actually have left can and likely will be worth more.
Thanks for valuable information, just I have one question that if my referral not active in mining, is that will affect me negatively in future? Thanks again for your support.🌹
Eventually coins from unverified accounts will be burned, so the referral bonus you earned while the user was active will be removed at some point if they don't become active again and verify their account, but besides that nothing to worry you still keep the coins your earned from all verified referrals and obv. the ones you got yourself from the base mining speed.
@@ChristianRauchenwald in which second is the screenshoot of your payment method,I did not see it ,go to your Amazon orders chose that order you are talking about make screenshoot of payment method and show us!
I have 6 thousand pi at the moment...im very excited to see what the value will be when it gets listed in exchange.....will we be rich in a couple of years
I cant verify my phone number but i do have Facebook verification do I need to verifiy my phone number to claim the coins or will my coins be lost. I cant verify my phone number because i cant change it
No, only one of the two is needed. I recommend you take the time to watch ruclips.net/video/PekumsFGWuc/видео.html as it provides a lot of background information and covers all the common questions people have.
Can you please tell me how someone can sell a product worth ~ 45 dollars for just 0.5 pi coins which is in fact freely available with less than 5 Hrs of mining in any mobile? What can be the rationale? There is no shortage of coins now. How is this possible? Sorry but logically I don't think it makes sense though I am passionate on the concept in the long run. Please share your view
Let me start by saying, that I'm happy to share my views but would appreciate - if you want to discuss this further - if you could jump on our Discord (link in the video description) because it's really challenging to catch nested replies as RUclips creator. The main reason why Pi is currently valued at a fixed $100 per coin within the TPL community is that every order has to be backed by an IAT user that actually already transfers the coins to the seller, and since there are only a few IAT users worldwide setting a high exchange rate per coin ensures that one IAT user has enough coins to handle/back a lot of transactions. So, even if that IAT user has zero referrals and currently only earns 2.4 Pi per day, it makes transactions for up to $2,400 possible. Besides that, while you can right now "mine" Pi coins with little effort Pi mining won't continue forever and either once we reach phase three (likely) or once we reach a specific user milestone mining will stop and at that point Pi will have a fixed/limited supply. Most people constantly think that Pi will have an insane huge supply, but ignore a few aspects that are crucial to the calculations. While Pi Network currently has around 13 million users, based on my own account and other accounts I know with 100+ referrals I can say that on average only around 50% of users are active. On top of that, all coins from unverified accounts will eventually get burned, so everyone that doesn't complete the KYC process at some point in the future will lose their coins reducing the total supply further. There are plent of coins out there with insane supplies that have a value (although not $100 I admit). The recently most popular example would probably be DOGE with a current supply of 128,674,304,193 and NO max. supply, meaning new coins can be created at any time. Proving my main point that the value of any currency and asset simply depends on supply and demand, and if the supply (= the majority of Pi Network users) isn't willing to sell/spend their coins for less than a certain exchange rate than that's what the value is going to be. Last but not least, personally, I don't expect Pi to have a value of $100 at launch, simply because there will always be some people that just want to make a quick profit and will dump all their coins, but long-term I see no reason why Pi shouldn't reach $100 per coin, especially if I look at the growing number of small businesses and freelancers that is accepting Pi coins as payments for their products and services already within the TPL community. Based on that I assume that once users can transfer their Pi without the need of IAT users, "seller forms", and a little known community it's likely that even more (small) businesses will start to accept the coin and create a real world usecase for it this way.
@@ChristianRauchenwald wow, your explanation makes a lot of sense though I still not able to appreciate how such a demand exists today whereas constant increase in supply in place. Anyways lets stop the discussion here and I will continue in discord further. Thanks for your time & energy
I wanted to ask you how much were you able to spend on your first transaction? You mentioned that you can’t buy for example a 1000 dollar phone until you reach a certain level of trust in the Pi community. Is it possible to buy something that is more expensive if someone is willing to back your order?
Your first question is answered in this video, and the answer to your second question is "yes" BUT obv. if nobody knows you and you didn't build trust, nobody will want to back your order.
Actually crossed 1 million yesterday, the ranking is a bit delayed... that said, Bee still has a long way to go before it may reach phase three. AND never forget that in Pi and Bee Network coins from unverified accounts will eventually get burned, so when you look at bigger accounts you can already estimate that their final balance will be 50 to 75% less because many people lose interest very fast and will likely never verify their accounts.
Thanks for introducing me to Mrs Jane. My first investment with Mrs Jane gave me profit of over $24,000 us dollars and ever since then she has never failed to deliver and I can even say she's the most sincere broker I have known
Yes, and I'm sorry if me using the word "Pi Coin" creates some confusion here and there, but I think it's overall clear that my videos are about Pi Network.
@@ChristianRauchenwald yeah for sure and i like your video's but ppl need to understand that they should not sell their coins we need to focus on that . Keep it up tho 😉
@@augustesdupin7967 hi omg im also looking for new members on my security circle 😭 as of now i only have four 😭 if ure willing to join my invitation code is phias4toru :D
we need a positive vibes in this pi network and easy usage too.Do not make it complicated day by day and release 10% around withdrawal too.It makes our life I hope but not delayed.
You wanna be a Pioneer... that also means being among the first that do something, and that means that it's not going to be easy but usually require a few steps.
What happens if my phone dies or if I lose it? Will I still be able to log in to my account from another device or I'm gonna lose my account? I'm a little confused about how this works.
Yes, that's from Pi Network. The method I used doesn't work anymore though. Right now you just have to wait for your Pi balance to get transferred into your mainnet wallet.
What I don’t understand is Pi coin is not worth anything and and you mine it for free on your mobile device so how will people make money from something that is free? Pi is not scarce literally anyone from a 7 year old kid to a person in his 90’s can download the app and mine it for free. Who is going to pay for everyone’s coins that are mined so they can get money? I only know there is no such thing as getting money from doing nothing what’s really sad is people believe everything they see on the internet these days especially about easy money🤦♂️
To be precise, it's not for doing nothing, it's for believing in the project and pressing a button once per day. Besides that, every currency you know only has a value because enough people agree on that value. The U.S. are about to print another 1.9 TRILLION USD for their COVID relief package and still the price for, for example, one litre milk won't increase noticeably because of that. Every purchase made with Pi - even now within the TPL community - and every time a user or vendor accepts Pi as payment is what it takes to give Pi a value.
@@ChristianRauchenwald Dude to be honest I don’t really give a crap, I made a ton of money investing in Tesla, Netflix and Amazon which are real companies actually bringing value to society and filling the needs of people I won’t invest in something that is only backed by computer code because why there is no fundamentals🤦♂️ My neighbors kid he is incredibly smart with computers and coding and even he told me he could create his own coin it’s not that hard for him to do but he even told me he doesn’t see the point of all these altcoins the only reason people invest in them is because they wanna get rich fast and quick...
@@trmibp9441 But that's the point, you can participate and get Pi coins with pretty much no effort, so even if the project fails you don't really lose anything. Whereas in order to invest in stocks you need to have and "risk" your own money. Sure, investing is great and IMHO everyone should save at least 10% of their monthly income and put some of it in stocks as a long-term investment. Anyway, don't want to join, that's fine with me, just wanted to clarify the few things you weren't sure about.
@@ChristianRauchenwald But man come on be honest you know the higher the risk, the higher the reward. No risk = No reward. There ain’t nobody coming along to your house giving out free money. You want something you gotta put in the work and the effort to get it. You know Pi is an irrational number therefore after the decimal point it goes on forever in repetition it has no ending therefore it’s not scarce. A buddy of mine back in 2013 he invested over $500k in Amazon shares and you know what he is worth today? A little over $5.2mil that’s what you call risk to reward you gotta put something in to get something out if you don’t put anything in you won’t get anything out. It’s simple man, I really don’t know why so many people are chasing these worthless computer codes that represent digital currency it really has no fundamentals and you know what the money you use know the Dollar, Euro, Pound or even Yen, when you purchase something with your debit card you don’t give out physical money that much anymore same with your monthly payments or things you buy online. You really don’t think the governments haven’t thought of digital currency they thought of it and have implemented it with the use of cards even before bitcoin was worth $100. I have a lot of money, and lots of people think money makes you happy, but it really doesn’t money only makes you more of what you are now.
@@trmibp9441 that's just it, you are literally arguing the potential payoff in the comment section of a video that shows that I got $50 worth of value out of pressing a button once per day and still have a ton of coins left. Sure, higher risk usually mean higher reward, but that doesn't mean that no risk results in no reward - as this video already proofs. Not to mention that Pi Network literally is zero risks with a potential reward. Also, what was the risk of mining BTC in the early days and what's the reward for people that did that and didn't dump their coins until today? Nobody here is arguing or saying that people shouldn't invest in stocks or other assets if they can, but that doesn't mean that missing an opportunity like Pi is a smart decision. If there would be any real effort or investment involved to get your Pi coins I'd understand your arguments but considering that it doesn't take me any effort I'm rather the one that has to hear "I told you it's going to be worthless" in a year if the project fails and probably won't care because it didn't require any effort than risk being the one that regrest not joining when he could get the coins for free. That said, to provide you with some perspective. I run a small SaaS with around 1,500 users and consistently growing monthly recurring revenue, mine around $100+ per month in BTC, have a few thousand dollars in other passive income streams, and on top of that generate around $300 per day from this RUclips channel alone. A lot of that money ends up in my stock portfolio or other investments but that doesn't mean that I'm going to pass on no-risk potential high long-term reward opportunities like Pi especially when I can verify the progress and already have was to financially benefit of the project. You also shouldn't forget that there are many people in this world that don't have a ton of money to invest and for them, it makes even more sense to join projects like Pi. Sure most of those projects fail, but in the end only one of them has to succeed to make a huge difference for millions of people, especially if the projects don't require investments or real effort.
No, all users can use some of their coins within the TPL community. Also, take a look at ruclips.net/video/GBbmIbxMKpw/видео.html because they are going to do a live auction on Pi day.
That's not 100% accurate, because you don't get Pi for free, you still have to do something - even though it just takes you 5 seconds per day. And when we consider BTC we also would have to consider it during its launch where you could mine hundreds or even thousands of coins with not much effort/cost.
True. It's probably the most crucial step for every currency to show that there are people and businesses that are willing to accept it as a form of payment.
Will make a video about it probably next week, but I can already tell you I'm convinced it's a scam. White paper is mostly copy pasted and slightly rephrased from Pi + the have options to pay in the app for higher mining speeds.
Nope...... This is a setting.... A drama....to make a hype.... How can he buy with pi coin while there is no even a withdraw or send buttons in pi app....... That's really a cheat.....
@@ChristianRauchenwald really, that means I can use it to buy products like laptop at the moment. I'm a student and don't have a job, so can I still buy it
@@ChristianRauchenwald well I actually watched it to the end that's y I'm asking cos I don't have a business, I can't receive pi in exchange for anything, can I give pi in exchange for something? Or does it just apply to only business people
I know :) sure it's not perfect but considering that officially Pi won't have a value until phase three it's incredible that a few very active pioneers make it possible already. Btw. the also are going to auction of a PC on Pi day - see ruclips.net/video/tiGCVkO24Bs/видео.html
Could you please submit the topic at bit.ly/TopicsToCome Besides that you can also join our Discord (link in the video description) and we can discuss the platform/project or one of our other members might already have an opinon about it.
I have a question, is there any proof that pi is going to be official (if it is going to have a price)? Since there are a lot of people who say it’s fake I don’t know what to think
Your videos on pi makes me believe more in pi network
Glad to hear that... I think with Pi there is nothing to worry anymore and am quite certain we'll see phase three by the end of 2021 or early next year. We may not be happy with the value it has at launch, but then most other altcoins also took quite some time before they reached decent values.
TRUST!!! This is one thing we have to maintain in PI. Thanks for the update. I watched the first video, and couldn't wait to see this update.
You are 100% right, trust ist crucial not only in Pi but in our everyday life. I knew that many people would doubt if my first video is legit and that only by showing physical proof they'll see that I'm serious. I do hope the video helps to show more pioneers the potential of Pi Network and maybe even helps some people to get more people interested in the project.
I am a tattoo artist who works in Bend, OR and Richland, WA. I’m open to taking pi for my tattoo work!
Cool, did you already join the TPL community? If you are offering service the monthly membership fee get's waived for you.
@@ChristianRauchenwald I have not! I don’t quite understand it but if someone approaches me ready to move forward they could most likely help me get set up. I need to rewatch some of your content on how to get set up
Also I do have a request for you to look into BitLocity if you have time. Thanks for the reply!
Shitt, im in bend oregon. i will have to look into this when pi is live on the mainnet!
Lol ive got 20 pi coin and want 2 sleeves
I choose to hold my Pi coins. Thank you.
Works as well... as long as you don't dump them on day #1.
I'm probably gonna buy more on day one
@@ChristianRauchenwald when is day 1
@@danielheinlein6741 yeah I'm buying pi coins on day 1 not selling them 😂
@@danielheinlein6741 right before day 2
Wow!...I look forward to the future...If our Pi coins are worth even 1/3 of that someday...Awesome!!
You and me both!
I’m just worried about people selling their coins early. If you go to chat tab on the app. Most of them are asking how to sell their Pi.
I have em but no way 1,2$ max
shock em facts
@@neil4604 yep
Thanks for the update of your first purchase from your Pi. Great and hope it will grow with more fruitful results in the future. Good luck to every Pi miners....
Thanks for watching and for leaving a comment. I also believe Pi has a bright future ahead.
@@ChristianRauchenwald i don`t understand how you were able to use Pi since the wallet was launched only on 1st april 2021 and also with Test-Pi. Would be better if you could stick to facts and truth. my2cents
@@HodirlanCristianG Here is an idea, instead of accusing me of lying actually watch the video and listen to what I'm saying and you'll understand how it works.
@@ChristianRauchenwald i did watch the whole video, but that doesn`t mean it explains how you could transfer Pi, when the wallet is only available with Test-Pi.. so maybe you`re good at promoting this, but it`s sure for me that`s not possible, since the real Pi is not available for transfers. So i`m calling you BS! Watched also the other video and got more into it.. instead of using the "Pi Network" click bait, you should simple say it`s another app (TPL) and it`s an agreement based on nothing... cause people could ending NOT giving those Pi to the backers once the Pi Network goes to mainnet. Maybe there is something I miss here, but there is no way you or anyone could force me to stick to TPL agreement and give you my real Pi (remember, you and only you can access the Pi tokkens/coins when it goes LIVE). my2cents
@@HodirlanCristianG true, I been doing my research from last 2 months, this guy is completely BS.
I am with you 100% the road to follow with Pi just to also say thank you for your amazing presentations and congrats on your Amazon Order Pi Rocks HODL~~
Thanks for leaving some positive feedback. Yeah, I'm also still stunned that I actually could pay for that with Pi coins. Can't wait where Pi goes from here, especially since we are close to phase three now.
How to check track in pitoko
very good analysis of Pi Price in the future
Thanks, appreciate it.
Let's wait for phase 3 of pi network to see what pi is really capable of, im not someone who don't trust pi or any other crypto project, but every one has to be real about pi supply cap if it reaches 60% of supply it will be good for community but only if all of holders choose to hold their coins for some time which is highly unlikely, so there is an risk of dropping pi price at first week after phase 3, and one more thing is keep coming up at my mind and it is what will pi blockchain do and what will be use case for it in the future, also how will blocks gonna be mined or calculated is there nodes for all transactions ecd.. Anyways i supports pi community and i hope that it will be great project in the future..Also great video man.. 😁
Thanks :) and I agree supply will play a crucial role to determine Pi's value.
Yep. We are in this togheter miners! Dont dumppp! Lets make it worthhh more then we ever would have thought!
🥧 🚀 🌚
100% much hodl .
If someone will dump it, some whale gonna buy it bulk.
Great information. Hope wallet and trade come soon. Whatvdo you think about listing.. Is it possible in 2021 or 2022
Wallets should come soon but I'm not sure if that will also enable in-app transfers between KYC verified users or not.
The way it looks right now phase three will happen end of this year or early next year, so we are already close to the finish line.
@@ChristianRauchenwald we hope so. I do get Pi TRANSFER from FEVER IQ but I cannot transfer pi to anybody though KYC is already completed what can be the reason? I have pi in Android not in pc. Thank you
What is innovative that I found about pi is the pi community is the first miner community in blockchain world, eliminate monopoly in mining which is at the same time eliminate price manipulation, you know what I mean right, especially Bitcoin the price is too volatile because of price manipulation. I think if DeFi and Staking available in pi community, it will attract more pi user. Never let pi coin to become one of the speculator instrument because the pi price become too volatile like Bitcoin.
💯 makes a huge difference that wealthy corporations can't just set up mining farms.
@@ChristianRauchenwald I hope the pi become the first stablecoin with 100 USD value per coin, the price will not too volatile in exchange.
I am a Pi network member
Congrats 🎉 don't forget you still have around a year to get more coins so spread the word and make sure your friends and family join your team.
Good job, dude! Greatly explained! Short and to the point. Without drowning us in unneeded information. I'll make sure to watch other videos about Pi coin made by you, and I will share them to friends who are still sceptical and think that Pi is some scam. Keep up the good work!
Thanks, appreciate the positive feedback. IMHO the video at ruclips.net/video/PekumsFGWuc/видео.html is the only one you need to share with "doubters". It's quite long but deals with literraly every argument I heard during the last months.
I have a question about the bottom of the box. You said it hadn't been opened but when you lifted the box up the sellotape wasn't what Amazon use 4:30. Can you explain why this was?
Nice catch. The tape at the bottom is/was white and said "Customs", since I'm currently in Ukraine and the package went from Amazon to an address in Poland (couldn't order it directly to Ukraine) and had to go through customs. So, what I probably should've set is that it hasn't been opened by anyone besides customs but I simply didn't think of that during recording.
If you still have doubts, here's everything you need to see:
1. Since the user handling the transaction couldn't add another delivery address to his Amazon account and we trust each other I placed the order myself, see prnt.sc/10diy46 and ordered it on my wife's name to the import service our postal service offers - npshopping.com/ - , see prnt.sc/10diylh
The package got delivered to the forwarding service in Poland, see prnt.sc/10dizdm and forwarded to us in Ukraine (on the way customs had a look and added the new tape on the bottom).
2. Now, obviously, this means I paid €45.99 which is not exactly paying with Pi, so after I provided proof of ordering the item and payment to the other user he reimbursed me. See prnt.sc/10dj0tz
3. Next, he received the 0.45 Pi from the IAT user backing the transaction, see prnt.sc/10dj18s with a note that I still owe 0.05 Pi.
The transaction also got logged in the #pi-transactions channel within the TPL community as transaction #1395 - see prnt.sc/10dj24e (since then there have been around 300 new transactions in TPL).
4. So, now I received the item which I didn't pay for in FIAT (since 1. and 2. equal zero FIAT expense for me). The user handling my transaction already received 0.45 Pi from the IAT user that backed the order and I will have to pay back 0.45 to the IAT user and pay the missing 0.05 Pi "tip" to the user that handled my transactions once we reach phase three and I'm able to transfer coins myself.
@@ChristianRauchenwald That's fine. Thanks for the update.
I just wanted to ask, there's a lot of people saying Pi is a total waste of time and possibly a scam. What's your honest opinion on Pi. Is it something that will materialize to be something of real value or is it a waste of time?
He was lying. Amazon never accept pi coin
@@LuckyCharm666 He paid someone Pi coins, and the person he paid bought the product on Amazon for him (with Euro). He did not pay Amazon directly with Pi
treasure your pi guys, don't attract on those things that u see, Pi value is more than that, instead just think 1 Pi = 1 tesla car.
There is just so much I disagree with in this one comment. Sure Pi has a lot of potential, BUT unless people use their coins it won't have a value. Only if people use them vendors have a reason to accept them and that's what gives the coin a value.
Spending a 0.x Pi now at this quite nice fixed exchange rate also helps to establish the belief that Pi is worth way more than just a few cents or $1, so while there is nothing wrong with just holding your coins, there is also nothing wrong with already giving Pi a real world usecase by spending a bit.
That said, simply because of the supply Pi won't be worth even remotely as much as one Tesla. Maybe in the future after a decade or two but for sure not during the first couple of years.
Really, Great value for PI, Thank Chris for sharing this informations.
My pleasure! Btw. the TPL community is also going to auction a computer on Pi day. More information about that at ruclips.net/video/GBbmIbxMKpw/видео.html
Bullshit
@@Triforce77 if you leave a comment like this on a video that contains proof then all you accomplish is making yourself look like a fool.
@@ChristianRauchenwald you the fool, it's to bad I can't see yur face when u see the opening stock price worse then dogecoin
@@Triforce77 Nothing is official, what price are you talking about?
I have about 4K coins just started mining this week at a mining rate of 40 tokens per hour and Over 1k referrals! I’m excited to see what the future brings
Congrats, that's an incredible result.
Wow!!!!
Dude you should totally get an interview with one of the pi network creators. That would blow things up!
Interesting idea, could you please submit that at bit.ly/TopicsToCome
📋 Want to start spending some of your own Pi coins?
1. Start by watching 👉 ruclips.net/video/ajCEGLNLNJo/видео.html
2. Want to know more about Pi and who's behind Pi Network, watch 👉 ruclips.net/video/PekumsFGWuc/видео.html
3. Consider joining our community Discord as well at bit.ly/JoinTheGroupChat
4. Let me know which topic you want to see next 👉 bit.ly/TopicsToCome
🥧 For more information about TPL, I recommend you also check out the official TPL RUclips channel 👉 bit.ly/3qhBk6r
If you haven't signed up for Pi Network yet and nobody else told you about Pi Network before watching this video, go ahead and join Pi Network at 👉 bit.ly/GetFreePiCoins and use the invitation code "RauchenwaldC" (without the quotes).
Hi. Can you plesse search about eagle network. I havent find anything about it and it looks like pi and bee but i havent sign in and dont find any whitepaper i dont know if it is inside the app after register and i havent
@@danielmontero715 You can always suggest/vote for what you'd like to see at bit.ly/TopicsToCome
How old do you have to be for the Pi app
@@ChristianRauchenwald ok
I sell my pi total 2000 pi : 160k$ contact me if you want it
Great video thanks. Does this mean 1 Pi coin will become divisible or is this just theoretical for the time being? I guess if Pi coins are going to be mined to a capped number then 10,000 Crumbs per Pi might work :)
To be accurate Pi Coin and Pi Network Coins are different things. This video is about Pi Network and the coins in Pi Network.
And yes, Pi Network Coins already can be divided, you can even see it down to 4 decimals already in the Pi Network app.
@@ChristianRauchenwald Thanks for your response and clarification. I need to watch more of your videos and get up to speed with the full architecture of Pi. keep up the great work, it's very much appreciated.
Now that's it's over a year later, how much do you think PI NETWORK COINS would be worth when it goes mainnet???????
Take a look at ruclips.net/video/iNbhvUc0NH0/видео.html or join our space on Twitter later today at twitter.com/i/spaces/1ZkKzbNjjrvKv
Amazing video! I started using tpl after watching ur video and so far i have sold some amazing graphs!
Thank you!
Cool, great to see that some people that are already part of TPL also watch my videos. I also like the community and what it does for every pi user out there.
Ur gonna be richhh broo!!!!!!!!
Only time will tell how much my Pi balance is going to be worth in the future...
@@ChristianRauchenwald it is okay i verified both use my facebook pi and bee
smart people like you are exactly what we need!!
😂 thanks, but I'm not smart, I just invest a lot of time into research and trying things.
@@ChristianRauchenwald OMG YOU NOTICED ME I CAN DIE HAPPY NOW
@@roylyx2334 😂 I'm like an eagle ^^ unless RUclips doesn't show me a comment (which happens, unfortunately) I do my best to read all of them and reply. Helps me to learn what questions my videos left unanswered, what other topics my audience is interested in, and to get rid of spam in the comments.
I'm sure someday I won't manage to do that anymore, but as long as it only takes up little time every morning, I'm going to keep doing that.
Many people are going to sell their pi coins on day 1 but I'm buying pi coins on day 1
Same, if the price tanks I'll also grab a hand full of extra coins.
I got 1000 pi!!! yay
Congrats 🎉 and still almost one year left to get more.
Would be great to buy my boys a crazy cart each with the 200+ coins I have at the moment...
But im happy to hold for now and when pi goes into stage 3 and I understand more about how I can help this community ive been brought into then im sure my boys can rock some crazy carts then... (this is not a promotion for crazy cart but people even as a dad they are absolutely brilliant fun) (super basic and epic smiles..
Thanks for taking the time to leave a comment and for holding your Pi coins.
Thanks for information sir!
Always welcome and thanks for taking the time to leave a comment.
Christian, I am wondering if there is not on problem, when pi goes to stock market... Many many people will try to straight up sell their pi coins but if too many want to do that and there are barely any buyers, than the value drops very hard. And I can’t think of a case where people at the market will actually want to buy pi coins.
And that's why it helps to make transactions right now so people see that Pi is worth more than $1 or $0.0001 so when the first people dump their coins and the price drops a little the rest won't sell because they already know that Pi can be worth more.
Chris.... U r one of the reason for trusting pi and mining....
Thanks, really appreciate the positive feedback. Doing my best to provide content that proofs that Pi - while not yet in phase three - is a legit project with a lot of potential.
@@ChristianRauchenwald Thank u for updating us on the progress....
Shared this video with my friends too!!!!!
@@ChristianRauchenwald what's ur opinion currently on eagle mining network
Interested in what will be the launch price? Doubt it'll be over a dollar but higher the better 😬
Only time will tell, but 🥧 🚀 🌚
I have 400 pi coin worth how much?
I'm sure you can do the math...
Mrs Jane is legit and her method works like magic I keep on earning every single week with her new strategy
What a clever question NOT.
I really need to know some information about your transaction. I’m miner of PI myself. First off, why Nicholas Kokkalis didn’t mentioned anything about TPL in his presentation. Second, how did u even manage to transfer the current PI that we mine when it’s not allowed to transfer yet? Can u please enlightened us
As mentioned in this video, the detailed explanation of how the transactions are made possible is in ruclips.net/video/ajCEGLNLNJo/видео.html
@@ChristianRauchenwald but why Nicholas Kokkalis didn’t mention anything about TPL?
Let’s give it a value, I am committed to keep it
💯 same here, planning to use a few coins but HODL the majority.
Do a video about eagle network it is also growing day by day within a short period
It's on my list.
Very informative video man! Off topic, but i wanted to ask about when do you think bee network will have the security circle feature?
Hard to say, I finally found some details about the company behind the project (thank's to a member of our Discord) and am now digging into the owner of that company + also contacted Bee with some questions recently and waiting for answers to provide an update video.
@@ChristianRauchenwald awesome man! Thanks for taking time to look into it! I look forward to the next video. I have discord! Is possible to join your server?😁
@@heyitsalex4806 Discord link is in the description and the first pinned comment.
Pi to the moon
🥧 🚀 🌚
Na it’s like buying used goods or things from wish. I’ll miss and wait for the true value of Pi
Not only is the package in this video definitely not "used goods" but there are plenty of small stores within the TPL community that sell brand new goods.
But sure, if you don't want to use some of your coins already that's fine too.
Pi won't be much just like other alt crypto. Maybe a couple of pennies each
I like pi
🥧 🚀 🌚
Pi lounch date send bro
Thanks chris... you really good review.. amazing price...
Glad you liked it and thanks for leaving a comment.
Awesome dude
how do i take as a pionier coin from the miner to buy something? Thanks
Try watching the video, it explains it...
@@ChristianRauchenwald I watch, you speak, speak , and you say nothing, not a good channel
A very good update on Pi exchange
Thanks for taking the time to leave some positive feedback.
Hello Christian. Could you please make a video on Cardano(ADA) or will you please tell me does it have a future. How much price it'll hit in the coming years?
That's something I wouldn't do on this channel but more likely on ruclips.net/user/ChristianRauchenwaldPopularInvestor
great vid.
do you know by chance what will happen to the pi coins that that were mined by fake/ unverified accounts? will they be redistributed or will have to be re-mined?
The will be burned/deleted.
I wish my local coin shop took PI!!
Plenty of small shops are already part of TPL, maybe just point them in that direction and they might consider it?!
When pi currency is going to be listed in stock market?
December 2021
@@kenzess8995 are you sure
Stock market? Do you know what you talking about
If everything is ok yes in December 2021
I think he mean trading of pi
Ca u give tips on how to gain more pi coins? My friends wont use my invite code😂😂😂
If they won't sign up you likely don't know enough about the project to deal with their doubts. ruclips.net/video/PekumsFGWuc/видео.html should have all the answers you need. With the information in that video and the question "what do you have to lose" there is IMHO no reasonable argument left not to sign up.
Wait is over, you are back ❤️
😂 Probably going to publish a bit more during the next weeks since I have a huge "topic backlog". Glad you enjoy my videos! And thanks for taking the time to leave a comment.
Does work for indians too?
Great video - Thanks for the information
Glad it was helpful!
Xup, thanks for the update. Uhm.. Quick question. When my referrals don't do KYC. Will I loose their contribution when their accounts get burned in phase 3?
Yes, you'd lose the coins your earned through them (so the increase mining rate). Personally, I expect to lose up to 75% of my coins because of that, but overall it's a good thing as it will reduce the overall supply and in the end means each coin you actually have left can and likely will be worth more.
Please what is KYC?
How do you not loose Pi?
@@olugbuyinath-utoh2571 I think it means verify their information
@@olugbuyinath-utoh2571 Know Your Customer/Client
ID verification of users via National ID or International passport.
@@divaviewbits5682 Thank you
Wow. How to order. Can they also send here in Philippines? I have 85pi
The details are explained in ruclips.net/video/ajCEGLNLNJo/видео.html
Thanks for valuable information, just I have one question that if my referral not active in mining, is that will affect me negatively in future? Thanks again for your support.🌹
Eventually coins from unverified accounts will be burned, so the referral bonus you earned while the user was active will be removed at some point if they don't become active again and verify their account, but besides that nothing to worry you still keep the coins your earned from all verified referrals and obv. the ones you got yourself from the base mining speed.
Can we see the transaction you have made to pay for the item with Pi?That will be on your Amazon order history?
Just view order details on your Amazon order history and show payment method ,how much did you pay and with what did you pay?
Just watch the video, it literraly explains the whole process and contains screenshots of all relevant steps.
@@ChristianRauchenwald in which second is the screenshoot of your payment method,I did not see it ,go to your Amazon orders chose that order you are talking about make screenshoot of payment method and show us!
@RedBlack. Did you even watch the video?
Wow!! It’s so gorgeous 💕
Thank you! 😊
Fuck what's gorgeous
😵😵😵
This is why I mine on pioneer me and me alone but I almost have 100 pi and I’m just gonna hold until I can’t mine anymore
🥧 🚀 🌚 - still roughly one year left to get more coins.
@@ChristianRauchenwald should I worry since I’m my own pioneer
Not really they said that if the other person
Thank you very much for the video..
Please tell us , is Bitcoin black legit ?
Haven't looked at it yet. Can you please submit the topic at bit.ly/TopicsToCome
Yesterday I heard first time for Bitcoin black, and I google it. Bitcoin black is Nigerian coin.... So there is a big chance that's scam.
@@ChristianRauchenwald okay I have done that
I have 6 thousand pi at the moment...im very excited to see what the value will be when it gets listed in exchange.....will we be rich in a couple of years
Definitely possible but only if the majority of pioneers also uses some of their coins and stores accept them to give the coin a purpose.
I cant verify my phone number but i do have Facebook verification do I need to verifiy my phone number to claim the coins or will my coins be lost. I cant verify my phone number because i cant change it
No, only one of the two is needed. I recommend you take the time to watch ruclips.net/video/PekumsFGWuc/видео.html as it provides a lot of background information and covers all the common questions people have.
@@ChristianRauchenwald thanks!!
I have mined more than 5400 pi.stil mining pi.but my phone number and kyc still pending .I am from india
@@manoj.rathaur7200 do manual verification change usa to uk verify with Indian phone number it works my number verified
Can you please tell me how someone can sell a product worth ~ 45 dollars for just 0.5 pi coins which is in fact freely available with less than 5 Hrs of mining in any mobile? What can be the rationale? There is no shortage of coins now. How is this possible? Sorry but logically I don't think it makes sense though I am passionate on the concept in the long run. Please share your view
Let me start by saying, that I'm happy to share my views but would appreciate - if you want to discuss this further - if you could jump on our Discord (link in the video description) because it's really challenging to catch nested replies as RUclips creator.
The main reason why Pi is currently valued at a fixed $100 per coin within the TPL community is that every order has to be backed by an IAT user that actually already transfers the coins to the seller, and since there are only a few IAT users worldwide setting a high exchange rate per coin ensures that one IAT user has enough coins to handle/back a lot of transactions.
So, even if that IAT user has zero referrals and currently only earns 2.4 Pi per day, it makes transactions for up to $2,400 possible.
Besides that, while you can right now "mine" Pi coins with little effort Pi mining won't continue forever and either once we reach phase three (likely) or once we reach a specific user milestone mining will stop and at that point Pi will have a fixed/limited supply.
Most people constantly think that Pi will have an insane huge supply, but ignore a few aspects that are crucial to the calculations.
While Pi Network currently has around 13 million users, based on my own account and other accounts I know with 100+ referrals I can say that on average only around 50% of users are active. On top of that, all coins from unverified accounts will eventually get burned, so everyone that doesn't complete the KYC process at some point in the future will lose their coins reducing the total supply further.
There are plent of coins out there with insane supplies that have a value (although not $100 I admit). The recently most popular example would probably be DOGE with a current supply of 128,674,304,193 and NO max. supply, meaning new coins can be created at any time.
Proving my main point that the value of any currency and asset simply depends on supply and demand, and if the supply (= the majority of Pi Network users) isn't willing to sell/spend their coins for less than a certain exchange rate than that's what the value is going to be.
Last but not least, personally, I don't expect Pi to have a value of $100 at launch, simply because there will always be some people that just want to make a quick profit and will dump all their coins, but long-term I see no reason why Pi shouldn't reach $100 per coin, especially if I look at the growing number of small businesses and freelancers that is accepting Pi coins as payments for their products and services already within the TPL community. Based on that I assume that once users can transfer their Pi without the need of IAT users, "seller forms", and a little known community it's likely that even more (small) businesses will start to accept the coin and create a real world usecase for it this way.
Please report
@@ChristianRauchenwald wow, your explanation makes a lot of sense though I still not able to appreciate how such a demand exists today whereas constant increase in supply in place. Anyways lets stop the discussion here and I will continue in discord further. Thanks for your time & energy
I wanted to ask you how much were you able to spend on your first transaction? You mentioned that you can’t buy for example a 1000 dollar phone until you reach a certain level of trust in the Pi community. Is it possible to buy something that is more expensive if someone is willing to back your order?
Your first question is answered in this video, and the answer to your second question is "yes" BUT obv. if nobody knows you and you didn't build trust, nobody will want to back your order.
There is no level of trust ! Omg people aren’t selling stuff direct for pi coins especially 1000 dollar phones !!! Would you sell one for pi?
Man has nearly 1 million bee. Check for yourself. Click the trophy icon located top right corner. Bee - global
Actually crossed 1 million yesterday, the ranking is a bit delayed... that said, Bee still has a long way to go before it may reach phase three.
AND never forget that in Pi and Bee Network coins from unverified accounts will eventually get burned, so when you look at bigger accounts you can already estimate that their final balance will be 50 to 75% less because many people lose interest very fast and will likely never verify their accounts.
You me me bright again as always😇👍👍👍
😂 thanks for the comment.
Can I buy I phone using this way and I can pay with pie👍👍
I'm answering that clearly in the video, you should watch it.
Thanks for introducing me to Mrs Jane. My first investment with Mrs Jane gave me profit of over $24,000 us dollars and ever since then she has never failed to deliver and I can even say she's the most sincere broker I have known
Thanks PI creators and also to you sir Christian for great update,GOD Bless
Thanks for the positive feedback. Really means a lot.
ppl need to know there is a difference btw pi network coins and pi coins and we should value it high like TPL did
Yes, and I'm sorry if me using the word "Pi Coin" creates some confusion here and there, but I think it's overall clear that my videos are about Pi Network.
@@ChristianRauchenwald yeah for sure and i like your video's but ppl need to understand that they should not sell their coins we need to focus on that . Keep it up tho 😉
what's the difference?
@@tygo5 pi coin is another cryptocurrency
I'm nearing 500 coins :D
Congrats... 💎 🙌 and keep pressing the ⚡️ button to get more coins while you can.
@@ChristianRauchenwald yessir :D
@@ChristianRauchenwald how can I increase my security circle? I don't know alot of people
@@augustesdupin7967 hi omg im also looking for new members on my security circle 😭 as of now i only have four 😭 if ure willing to join my invitation code is phias4toru :D
@@augustesdupin7967 You can promote it on ur social media accs if u dont know a lot of ppl :D
we need a positive vibes in this pi network and easy usage too.Do not make it complicated day by day and release 10% around withdrawal too.It makes our life I hope but not delayed.
You wanna be a Pioneer... that also means being among the first that do something, and that means that it's not going to be easy but usually require a few steps.
I just subbed. So excited for Pi!!!
Thanks, appreciate it.
I tried signing up for #TPL# but it's asking for the date I started Pi Network, and I can't even recall the actual date, what do I do?
Doesn't have to be 100% exact.
What happens if my phone dies or if I lose it? Will I still be able to log in to my account from another device or I'm gonna lose my account? I'm a little confused about how this works.
Yes, you can just login with Facebook or your phone number again on the new phone.
Is this the PI network app? How were you able to spend your pi? Also im just new to this, i could use some advice!
Yes, that's from Pi Network. The method I used doesn't work anymore though. Right now you just have to wait for your Pi balance to get transferred into your mainnet wallet.
Wow,really great
Yes, it is. Just shows the potential Pi has.
Wtf pi started and the value is insane
No, please watch the video, I clearly state the official value of Pi.
@@ChristianRauchenwald ya I saw the whole video about value . I was surprise over your purchase .
What I don’t understand is Pi coin is not worth anything and and you mine it for free on your mobile device so how will people make money from something that is free?
Pi is not scarce literally anyone from a 7 year old kid to a person in his 90’s can download the app and mine it for free. Who is going to pay for everyone’s coins that are mined so they can get money? I only know there is no such thing as getting money from doing nothing what’s really sad is people believe everything they see on the internet these days especially about easy money🤦♂️
To be precise, it's not for doing nothing, it's for believing in the project and pressing a button once per day.
Besides that, every currency you know only has a value because enough people agree on that value. The U.S. are about to print another 1.9 TRILLION USD for their COVID relief package and still the price for, for example, one litre milk won't increase noticeably because of that.
Every purchase made with Pi - even now within the TPL community - and every time a user or vendor accepts Pi as payment is what it takes to give Pi a value.
@@ChristianRauchenwald Dude to be honest I don’t really give a crap, I made a ton of money investing in Tesla, Netflix and Amazon which are real companies actually bringing value to society and filling the needs of people I won’t invest in something that is only backed by computer code because why there is no fundamentals🤦♂️
My neighbors kid he is incredibly smart with computers and coding and even he told me he could create his own coin it’s not that hard for him to do but he even told me he doesn’t see the point of all these altcoins the only reason people invest in them is because they wanna get rich fast and quick...
@@trmibp9441 But that's the point, you can participate and get Pi coins with pretty much no effort, so even if the project fails you don't really lose anything. Whereas in order to invest in stocks you need to have and "risk" your own money. Sure, investing is great and IMHO everyone should save at least 10% of their monthly income and put some of it in stocks as a long-term investment.
Anyway, don't want to join, that's fine with me, just wanted to clarify the few things you weren't sure about.
@@ChristianRauchenwald But man come on be honest you know the higher the risk, the higher the reward. No risk = No reward. There ain’t nobody coming along to your house giving out free money. You want something you gotta put in the work and the effort to get it. You know Pi is an irrational number therefore after the decimal point it goes on forever in repetition it has no ending therefore it’s not scarce. A buddy of mine back in 2013 he invested over $500k in Amazon shares and you know what he is worth today? A little over $5.2mil that’s what you call risk to reward you gotta put something in to get something out if you don’t put anything in you won’t get anything out. It’s simple man, I really don’t know why so many people are chasing these worthless computer codes that represent digital currency it really has no fundamentals and you know what the money you use know the Dollar, Euro, Pound or even Yen, when you purchase something with your debit card you don’t give out physical money that much anymore same with your monthly payments or things you buy online. You really don’t think the governments haven’t thought of digital currency they thought of it and have implemented it with the use of cards even before bitcoin was worth $100.
I have a lot of money, and lots of people think money makes you happy, but it really doesn’t money only makes you more of what you are now.
@@trmibp9441 that's just it, you are literally arguing the potential payoff in the comment section of a video that shows that I got $50 worth of value out of pressing a button once per day and still have a ton of coins left.
Sure, higher risk usually mean higher reward, but that doesn't mean that no risk results in no reward - as this video already proofs. Not to mention that Pi Network literally is zero risks with a potential reward.
Also, what was the risk of mining BTC in the early days and what's the reward for people that did that and didn't dump their coins until today?
Nobody here is arguing or saying that people shouldn't invest in stocks or other assets if they can, but that doesn't mean that missing an opportunity like Pi is a smart decision.
If there would be any real effort or investment involved to get your Pi coins I'd understand your arguments but considering that it doesn't take me any effort I'm rather the one that has to hear "I told you it's going to be worthless" in a year if the project fails and probably won't care because it didn't require any effort than risk being the one that regrest not joining when he could get the coins for free.
That said, to provide you with some perspective. I run a small SaaS with around 1,500 users and consistently growing monthly recurring revenue, mine around $100+ per month in BTC, have a few thousand dollars in other passive income streams, and on top of that generate around $300 per day from this RUclips channel alone. A lot of that money ends up in my stock portfolio or other investments but that doesn't mean that I'm going to pass on no-risk potential high long-term reward opportunities like Pi especially when I can verify the progress and already have was to financially benefit of the project.
You also shouldn't forget that there are many people in this world that don't have a ton of money to invest and for them, it makes even more sense to join projects like Pi. Sure most of those projects fail, but in the end only one of them has to succeed to make a huge difference for millions of people, especially if the projects don't require investments or real effort.
Than you Christian your information has help alot of my friends out. GOD bless Be Safe
Thanks 😊
the pizza that is worth 50k$ 😌
Well, the 2 pizza for 10,000 BTC would actually be worth $481,071,000 today... I doubt that this will ever be beaten by anything.
@@ChristianRauchenwald 😂😂 true
@@ChristianRauchenwald true ,even some lambo couldn't beat the pizza😂
I think that pizza 🍕 is an heavenly pizza 😂😂
Good Pi
Thanks for watching.
This is real?
How much more proof do you need?
@@ChristianRauchenwald bro but this is only in USA?
Great update sir
I love pi
Me too!
Only kyc verified can use the TPL?
No, all users can use some of their coins within the TPL community.
Also, take a look at ruclips.net/video/GBbmIbxMKpw/видео.html because they are going to do a live auction on Pi day.
I can't compare btc and pi, we got pi coin for free but btc there is some investment in it that's why it's has the price it got now.
That's not 100% accurate, because you don't get Pi for free, you still have to do something - even though it just takes you 5 seconds per day.
And when we consider BTC we also would have to consider it during its launch where you could mine hundreds or even thousands of coins with not much effort/cost.
Hi ... planning to sign up for Pi ....pls tel me what r d documents enough/need for KYC from India ( other than passport bcz I don't have passport)
See support.yubo.live/hc/en-us/articles/360013088220-What-kind-of-IDs-are-accepted-by-Yoti-
This is how Bitcoin took off
True. It's probably the most crucial step for every currency to show that there are people and businesses that are willing to accept it as a form of payment.
Pi = $100
Right now it is. 🥧 🚀 🌚
Fuck I’m a millionaire
How can I pay for products or services with Pi?
ruclips.net/video/ajCEGLNLNJo/видео.html shows all the steps...
Thanks alot for the update Chris
No problem 👍 promised to also show physical proof once the package arrived, just took longer as expected.
Can we buy from India by using pi
Yes.
@@ChristianRauchenwald how can you please make a video for that?
Great sir👍
Thanks for taking the time to leave a comment.
Hello Christian, what do you think about Eagle network? Is there any risk? I feel like it's not OK if we jump onto every free mining app released?
Will make a video about it probably next week, but I can already tell you I'm convinced it's a scam. White paper is mostly copy pasted and slightly rephrased from Pi + the have options to pay in the app for higher mining speeds.
very informative
Glad you think so!
Nope......
This is a setting....
A drama....to make a hype....
How can he buy with pi coin while there is no even a withdraw or send buttons in pi app.......
That's really a cheat.....
Here is a pro-tip to not look like a fool... try watching the video BEFORE leaving comments.
This is amazing
I think so too 😊 and it's only possible thanks to the TPL community.
Is pi now useable in Nigeria?
Yes.
@@ChristianRauchenwald really, that means I can use it to buy products like laptop at the moment. I'm a student and don't have a job, so can I still buy it
@@Lovemom4179 Maybe watch the video first so you understand how it works and which limitations apply.
@@ChristianRauchenwald well I actually watched it to the end that's y I'm asking cos I don't have a business, I can't receive pi in exchange for anything, can I give pi in exchange for something? Or does it just apply to only business people
this is awesome
I know :) sure it's not perfect but considering that officially Pi won't have a value until phase three it's incredible that a few very active pioneers make it possible already.
Btw. the also are going to auction of a PC on Pi day - see ruclips.net/video/tiGCVkO24Bs/видео.html
250 Pi done. Let's go to the moon 🚀
🥧 🚀 🌚
Would you be willing to do a video on Bitlocity and give your honest review? People are wondering if it’s legit
Could you please submit the topic at bit.ly/TopicsToCome
Besides that you can also join our Discord (link in the video description) and we can discuss the platform/project or one of our other members might already have an opinon about it.
Christian you are on #BeastMode 💪
Thanks 😊
OMG!,
I know, it's amazing what you can already do with Pi thanks to a few super active pioneers that run the TPL community.
@@ChristianRauchenwald super 👍
I have a question, is there any proof that pi is going to be official (if it is going to have a price)?
Since there are a lot of people who say it’s fake I don’t know what to think
I recommend you take the time to watch ruclips.net/video/PekumsFGWuc/видео.html