20 Pi COINBINANCE LISTING PRICE MINE - enterainment

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20 Pi COINBINANCE LISTING PRICE MINE

Pi COINBINANCE LISTING PRICE  MINE



The user asked to "better explain chane aritcal," which seems like a typo. I'm guessing they meant "change article" or "chain article" — though, honestly, "chain article" doesn't sound right either. The user included a transcript, which looks like it's about cryptocurrency, Pi Network, and trading. So, they might want me to clarify something in the article or explain concepts discussed in the transcript. I'll need to figure out exactly what they meant by "chane aritcal" to help them with this!

It looks like the user wants me to explain or rephrase the contents of a transcript. The text is a rough conversation, and it's not punctuated properly, which makes it hard to follow. Based on the transcript, the conversation seems to be about the Pi Coin, Pi Tokens, and related topics like OTC deals, trading, and community hype. My goal here should be to rephrase the content in a clearer, more readable way while covering the key points like personal experiences and mining.

The transcript discusses key points about Pi Coin, including its hype, the community, and its potential exchange listings. The speaker talks about the questions many have about Pi Coin's legitimacy, whether it's a scam, and when it's getting listed. There's mention of OTC deals and offline transactions, with people paying around $50 in these markets. The speaker also talks about Pi's growing community, with people excited about the coin’s real-world use, especially in various businesses like restaurants and shops. There's an ongoing discussion about its future listing and the project's credibility.

The transcript continues with a discussion about Pi Coin mining and its community, where viewers are encouraged to wait for listings as the controversy surrounding Pi Coin unfolds. They mention mining with just a phone (no external hardware required) and the referral system involved. The controversy lies in whether Pi Coin is an MLM or genuine. There's a discussion on the potential listing of Pi Coin on exchanges like Binance and the impact of its active community driving support and votes for its listing.

The transcript highlights concerns around KYC (Know Your Customer) processes. The speaker mentions the controversy over Pi Coin’s legitimacy, including rumors and fake coins in the market. While there are many predictions about Pi Coin's value, there's also skepticism regarding its success. There’s pressure to complete the KYC before withdrawals and token releases can occur. The conversation emphasizes real mining challenges and market uncertainty, reminding potential miners that short-term profits may be limited, and long-term results could vary.

The transcript covers fluctuations in Pi Coin's value, with predictions ranging from $0.13 to $2.50, depending on market conditions. The speaker reminds that high expectations can lead to disappointment, with some coins taking a sharp drop in value after hype. There’s caution to book profits early, particularly in OTC deals. KYC is emphasized as critical, with a deadline approaching. Investors should approach Pi Coin cautiously, as price volatility is common, and long-term success remains uncertain.

The speaker shares a personal experience with crypto investments, warning against rushing into deals like Trump Coin or Pi Coin without careful consideration. They emphasize the importance of being cautious with OTC deals, as there are risks of scams and frozen funds. KYC is crucial for Pi Coin transfers, and exchanges offer potential benefits. However, the speaker advises against blindly following hype, urging beginners to be especially careful. Finally, the conversation touches on buying and selling Pi Coin, and the importance of using regulated platforms for safety.

The speaker discusses the Pi Coin, emphasizing its community, mining process, and upcoming exchange listing. While some hype exists, the speaker advises caution. Points include:

  • Pi Coin Hype: There's growing interest, but its legitimacy is questioned.

  • Mining: Can be done with a mobile app by tapping once a day, without external hardware.

  • OTC Deals: Unregulated trades, with varying prices, carry scam risks.

  • KYC: Required for trading Pi coins, delaying listings.

  • Risk: Avoid blind purchases, conduct research, and be cautious of hype.

Below is a more organized explanation of the long, free-form discussion about the Pi coin project and its surrounding hype. The speaker touches on several topics, which can be grouped into a few key themes:


1. Overview of the Pi Coin Hype

  • New Coin and Listing Rumors:
    The speaker discusses how a new coin—identified as Pi coin—is gaining attention. There’s a growing hype with many people either borrowing or buying the token, and rumors are circulating about its listing on major exchanges such as Binance.

  • Community and Credibility:
    A major point is that the Pi coin has built a strong, global community over the past several years. The speaker emphasizes that while some people doubt its legitimacy, the backing by an established network of scientists, researchers, and early miners (including experts like Pushpendra bhai) lends it some credibility.


2. Mining and Token Distribution

  • Mobile-Based Mining:
    Unlike traditional cryptocurrencies that require heavy hardware like GPUs, Pi coin mining is done via a mobile app. Users simply tap once a day to keep mining, making the process accessible but also subject to debate about its value and mechanism.

  • Referral and Network Growth:
    The mining process is intertwined with a referral system—more referrals mean more mining power. This has led to comparisons with multi-level marketing (MLM) systems, although the speaker argues that the structure isn’t exactly an MLM but rather a community-driven model.


3. Trading, OTC Deals, and Price Speculation

  • Over-the-Counter (OTC) Deals:
    Before an official exchange listing, many trades are happening “off the books” in OTC deals. People are trading coins at various prices (even paying premiums), which adds to the uncertainty and hype.

  • Price Predictions and Valuations:
    The discussion includes wildly varying price predictions (with figures like $14,000 or a ratio such as “2.6”) and calculations based on the overall token supply and expected market cap. However, the speaker warns that these numbers are speculative and should not be taken as guaranteed.

  • Exchange Impact:
    A key expectation is that once Pi coin gets listed on a major exchange like Binance, the dynamics will change drastically. There’s a belief that the listing could lead to significant price action—either a rapid pump or a dump—depending on market sentiment and investor behavior.


4. Regulatory and Procedural Considerations

  • KYC (Know Your Customer) Process:
    One important hurdle mentioned is the KYC process. Users must complete KYC before their tokens can be traded or withdrawn. Delays or backlogs in KYC are causing uncertainty about when the coin will fully transition to a tradable asset.

  • Caution Against Scams:
    The speaker advises caution—especially regarding unofficial OTC markets. There is a risk of scams or non-regulated deals, and he stresses the need for users to conduct their own research and only use trusted, regulated exchanges.


5. General Investment Advice

  • Do Your Own Research (DYOR):
    Amid all the hype and rumors, the speaker repeatedly advises viewers to perform their own research rather than relying solely on community chatter or social media predictions.

  • Managing Expectations:
    The overall message is one of cautious optimism. Even though the coin has garnered a lot of attention and a dedicated user base, past experiences with other hyped coins show that rapid gains can quickly be followed by downturns. Profit booking and risk management are encouraged.

  • Staying Informed:
    Finally, the speaker suggests keeping up with official updates and engaging with knowledgeable community members (like Pushpendra bhai) to better understand the evolving situation.


In Summary

The transcript is a broad and somewhat rambling discussion about the excitement, controversy, and uncertainty surrounding the Pi coin project. It covers the following main points:

  • Hype and Community: A strong, global community is behind Pi coin, which is now nearing a significant listing event.
  • Unique Mining Process: Mining is done via a mobile app with a simple daily tap, differing from traditional crypto mining.
  • OTC and Speculative Trading: There is active trading outside formal exchanges, with speculative price predictions creating more buzz.
  • Regulatory Hurdles: The success of Pi coin’s listing is tied to the completion of KYC processes, and caution is advised to avoid scams.
  • Investor Guidance: Ultimately, while there is potential for profit, investors should remain cautious, conduct thorough research, and manage their risk carefully.

This organized explanation should help clarify the main ideas and concerns expressed in the original, unstructured 

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