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Pi Coin is silent on Pi Day as users await mainnet launch – crypto.news
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Is Pi Coin a groundbreaking innovation or a clever marketing strategy? In this article, we’ll explore the controversies surrounding Pi Network and unpack its trading status, and try to answer the burning question: is Pi Coin legit or just a fluke?
Picture this: a digital currency that can be mined on a mobile device without specialized hardware or excessive energy consumption. That sounds like a game-changer, right? Well, that’s precisely what Pi Coin claims to be.
Created by Stanford graduates, Pi Coin aims to be a decentralized and eco-friendly alternative to traditional cryptocurrencies.
But here’s where it gets weird: Pi Coin is still in beta testing, and yet its prices and trading volumes are showing up on main cryptocurrency platforms, including CoinMarketCap, Binance, and Coinbase.
Moreover, some individuals claim to have already amassed significant amounts of Pi Coins and offer them for sale on certain exchanges.
The FUD has reached new heights, with some Twitter users claiming the value of one Pi coin to be $314,519, more than 10x of the current BTC price.
Pi Network claims to allow users to mine its digital currency, Pi Coin, using their mobile phones instead of specialized hardware.
And since Pi Network uses a consensus algorithm based on social trust rather than computational power, the energy consumption associated with mining is significantly lower than that of traditional cryptocurrencies.
So why is the Pi Network being developed? According to the team behind the project, the goal is to create a decentralized and inclusive digital currency accessible to everyone, regardless of their technical expertise or financial resources.
The team envisions a future where Pi Coin can be used for everyday transactions, such as buying groceries or paying bills, without intermediaries or fees.
Pi Coin has sparked a heated discussion on social media platforms such as Reddit, where users debate whether the currency is a valuable investment opportunity or a scam.
In one Reddit chat, a user claimed to be selling 1000 Pi coins for $45 each and invited others to make offers. However, another user quickly pointed out that the coins’ value may be significantly lower than advertised.
Despite not being officially launched, the currency has already been listed on several exchanges, including Huobi and Hotcoin, where it is actively traded.
Hotcoin Global, a lesser-known crypto exchange, leads the Pi trading volumes with a gigantic 45% share, followed by Huobi with 25%.
As of March 14, Pi coin was trading at $44.05, with a trading volume reaching $730,311, according to CoinMarketCap. Even more striking is that it reached an all-time high of $330.65 on Dec. 30, 2022.
However, the Pi Core team has warned users against trading on these exchanges, as they are not approved by the team and may be risky.
Pi has not been listed on any exchange, and Pi Network has not been involved with any purported listings. You could sustain substantial loss by participating in unauthorized listings. Read more on our website: https://t.co/rbntZ7DROj pic.twitter.com/LJztPOH35c
It seems that opinions on Pi Coin are mixed, with some users believing it to be a promising investment opportunity and others warning against getting involved in what they see as a potential scam.
The Pi Coin has been causing quite a stir since its inception, and not necessarily for the right reasons. While its creators claim it can potentially revolutionize the crypto world, several concerns must be addressed.
Pioneers in Cameroon giving News channels update on The progress of Picoin adoption. No other crypto project is massive as Pi Network.#WhatIDoForPi #LuncBurn #Crypto BUSD Chi Exotic pic.twitter.com/MYcYD6nBDX
Firstly, the lack of transparency surrounding the Pi coin is worrying. The technology behind it and the team members, except for the head of tech and head of product, remains a mystery, leaving many investors in the dark.
And if you’re looking to get in on the action, be prepared to jump through hoops. The only way to join the Pi Network is through an invitation from an existing member. It’s no wonder Pi networkers are in high demand – each referral earns them extra Pi Coins. But is the referral program all it seems?
Critics have likened it to a pyramid scheme, which is illegal in many countries. While Pi’s referral program is a type of Multi-Level Marketing (MLM), where users only receive bonuses for direct referrals, some are still concerned about the potential risks.
On top of all this, there are doubts about Pi coin’s real-world applications. Without any practical use cases, its value is based purely on speculation – a concerning thought for potential investors.
And finally, the centralized control of Pi coins has raised some eyebrows. A small group of individuals controls the platform, leaving it open to manipulation and censorship.
On the one hand, the network already boasts over 30 million active miners and users in beta, poised to take off once the open mainnet finally launches.
But on the other hand, after years of hype, there’s still no sign of the open mainnet, leaving many to wonder if the Pi Coin will ever have any real value.
Moreover, Pi Coin official account on Twitter tended to be vocal on Pi Day on March 14, widely celebrated not only by scientists across the world but by the coin’s community as well. For instance, in 2020, the team announced the Pi Coin giveaway. And in 2022, new ways to mine the coin were announced on Pi Day:
Pi Day is coming and, with it, new ways to mine Pi. Starting March 14, #piday2022, Pioneers will be able to receive mining rewards through app usage, node hosting and lockup settings! We'll be sharing more details on how the new rewards are calculated very soon. Stay tuned… pic.twitter.com/olw9r1RT7z
However, in 2023 Pi Coin’s official Twitter handle was unusually silent on Pi Day. Moreover, Pi’s head of technology, Nicolas Kokkalis, went numb on Twitter in 2021.
People have been attempting to falsely associate me with their projects. Please be careful. I am currently only working at Pi Network @PiCoreTeam and, once a year, teaching a class at Stanford. I am not advising or working with any other projects.
The debate rages on, and until the crypto goes public or is exposed as a scam, there’s no telling which way things will go.
So, is Pi Network legit or a scam? The jury’s still out, but we’ll keep you posted on any developments. Before jumping on board, read the Pi disclaimer and remember that the token is currently not tradeable.
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10 Signs Of Ego Death That Emerge During Deep Spiritual Practices – Times Now
Dec 22, 2024
You might feel like the person you were before doesn’t exist anymore. The “me” you used to identify with fades, and you may feel like you don’t recognize yourself.
Credit: Freepik
You may feel deeply connected to everything around you. It’s like the separation between you and the world disappears, and you feel at one with nature, people, and the universe.
Credit: Freepik
Things that once mattered to you, like possessions, titles, or old habits, might lose their importance. You may begin letting go of things that used to define who you were.
Credit: Freepik
As your old self fades, you might feel anxious or confused. It’s unsettling because you’re moving away from familiar ways of thinking and being.
Credit: Freepik
Time may seem different. It might feel like it’s speeding up, slowing down, or no longer exists the way it used to.
Credit: Freepik
After the initial fear or uncertainty, you may feel a deep sense of calm. You accept the present moment without judgment and feel at peace with it.
Credit: Freepik
Your senses might feel sharper, and you may notice things you didn’t before. You may have a deeper understanding of your surroundings and a clearer view of yourself.
Credit: Freepik
The past may feel distant, and old memories or experiences may seem less important. You might find yourself focused more on the present than the past.
Credit: Freepik
You might feel like you’re no longer in control of your life. This can cause anxiety, but it can also lead to letting go and trusting life to unfold naturally.
Credit: Freepik
Your view of reality might change. Colors could seem more vibrant, sounds clearer, and the world around you may feel more dreamlike or surreal.
Credit: Freepik
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VIDEO: Croatia’s first satellite ‘CroCube’ launched into space – Croatia Week
(Photo: CroCube)
ZAGREB, 22 December 2024 (Hina) – Croatia’s first satellite, CroCube, was successfully launched into space on Saturday from the Vandenberg Space Force Base in California, USA.
The satellite has already established its first communication with Earth, marking a historic step as Croatia enters the era of space technology, the CroCube mission announced.
CroCube was launched aboard a Falcon 9 rocket operated by the space company SpaceX as part of the Bandwagon-2 mission in the United States.
With this milestone, Croatia has joined a list of over 80 countries with their own satellites in space, said Daniela Jović, the mission leader for CroCube.
The successful launch commenced at 12:34 pm Croatian time, and by 2:16 pm, CroCube had successfully deployed from the rocket, reaching its permanent equatorial orbit around Earth at an altitude of approximately 550 km, where it will remain operational for about two years.
Later in the afternoon, at 3:05 pm, CroCube made radio contact, successfully transmitting its first signal back to Earth. A recording of the rocket launch can be viewed on SpaceX’s official YouTube channel (Bandwagon-2 mission).
“CroCube is in nominal, good condition. We are monitoring its telemetry data through the global SATNOGS network, which brings together amateur radio enthusiasts with advanced ground stations, enabling satellite tracking worldwide. The public can already follow CroCube via our mobile app, available for free on the App Store and Play Store,” said mission leader Jović.
Croatia Enters the Space Era with CroCube
CroCube is a nanosatellite measuring 10 x 10 x 10 cm and weighing 1.1 kg. From its orbit at 510 km, it will photograph Earth and conduct scientific measurements over the next two years.
(Photo: CroCube)
This historic event has ushered Croatia into the space era, overcoming numerous administrative, technological, and logistical barriers along the way, emphasised Jović.
The primary goal of the project is to drive technological development in Croatia and increase public interest in astronomy and space projects, alongside the advancement of STEM sciences and high-tech entrepreneurship.
A secondary objective is to gather data using the Croatian-made scientific module Astrotron 1000, embedded in CroCube. This module collects information on the degradation of microelectronics under high radiation and extreme temperature conditions.
Future Croatian space companies will be able to base their commercial projects on the data derived from these measurements.
The launch of CroCube is the result of three years of work by dozens of volunteers in Croatia, led by mission leader Daniela Jović. In collaboration with the Czech company Spacemanic and the Association for Education Beyond Frameworks (EVO), this volunteer team successfully designed, assembled, and launched Croatia’s first satellite. However, they emphasise that the satellite launch is just the beginning.
“As challenging as these first three years of work leading to the launch have been, the real work begins now. We volunteers have proven that Croatia is capable of entering the space sector, removing administrative and logistical barriers. Now it’s time for others to step up and become part of an industry projected to be worth $1 trillion by 2030. Some Croatian companies partnered on this project have already begun developing their first commercial ventures in the space business, and we are ready to share our knowledge, experience, and support with others interested,” said Daniela Jović.
She added that they are in the process of setting up an educational and presentation centre in Zagreb to offer further support.
Information about the CroCube satellite can be found on the website www.crocube.hr.
A press conference to discuss the success of the CroCube mission and the reception of its first signals will be held on Monday, 23 December, at 10:00 am at ZICER, located at the Zagreb Fairgrounds. All those involved in Croatia’s first space mission are expected to attend, the mission team announced.
TN Lottery Powerball, Cash4Life winning numbers for Dec. 21, 2024 – Tennessean
The Tennessee Lottery offers several draw games for those aiming to win big. Here’s a look at Dec. 21, 2024, results for each game:
01-12-17-21-58, Powerball: 01, Power Play: 3
Check Powerball payouts and previous drawings here.
12-16-21-35-43, Cash Ball: 02
Check Cash4Life payouts and previous drawings here.
09-19-30-39-44, Star Ball: 04, ASB: 05
Check Lotto America payouts and previous drawings here.
Morning: 8-9-1, Wild: 5
Midday: 4-0-8, Wild: 0
Evening: 8-1-7, Wild: 2
Check Cash 3 payouts and previous drawings here.
Morning: 0-4-6-8, Wild: 0
Midday: 2-1-9-0, Wild: 9
Evening: 3-4-7-6, Wild: 8
Check Cash 4 payouts and previous drawings here.
13-16-26-34-35
Check Daily Tennessee Jackpot payouts and previous drawings here.
29-45-46-51-59, Powerball: 03
Check Powerball Double Play payouts and previous drawings here.
Feeling lucky? Explore the latest lottery news & results
All Tennessee Lottery retailers will redeem prizes up to $599.
For prizes over $599, winners can submit winning tickets through the mail or in person at Tennessee Lottery offices. By mail, send a winner claim form, winning lottery ticket, a copy of a government-issued ID and proof of social security number to P.O. Box 290636, Nashville, TN 37229. Prize claims less than $600 do not require a claim form. Please include contact information on prizes claimed by mail in the event we need to contact you.
To submit in person, sign the back of your ticket, fill out a winner claim form and deliver the form, along with the ticket and government-issued ID and proof of social security number to any of these locations:
Nashville Headquarters & Claim Center: 26 Century Blvd., Nashville, TN 37214, 615-254-4946 in the (615) and (629) area, 901-466-4946 in the (901) area, 865-512-4946 in the (865) area, 423-939-7529 in the (423) area or 1-877-786-7529 (all other areas in Tennessee). Outside Tennessee, dial 615-254-4946. Hours: 9 a.m. to 4 p.m. Monday through Friday. This office can cash prizes of any amount.
Knoxville District Office: Cedar Springs Shopping Center, 9298 Kingston Pike, Knoxville, TN 37922, (865) 251-1900. Hours: 9 a.m. to 4 p.m. Monday through Friday. This office can cash prizes up to $199,999.
Chattanooga District Office: 2020 Gunbarrel Rd., Suite 106, Chattanooga, TN 37421, (423) 308-3610. Hours: 9 a.m. to 4 p.m. Monday through Friday. This office can cash prizes up to $199,999.
Memphis District Office: Chiles Plaza, 7424 U.S. Highway 64, Suite 104, Memphis, TN 38133, (901) 322-8520. Hours: 9 a.m. to 4 p.m. Monday through Friday. This office can cash prizes up to $199,999.
Check previous winning numbers and payouts at https://tnlottery.com/.
This results page was generated automatically using information from TinBu and a template written and reviewed by a Tennessean editor. You can send feedback using this form.