Today, I would like to discuss the importance of refraining from any unauthorized sales of Pi, Pi futures, or derivatives. As a pioneer who cares about Pi Network's success, I regularly monitor our blockchain records to observe how pioneers utilize their Pi coins following Pi's migration to their wallets. I have noticed several accounts with frequent and substantial transfers that occur within a minute. These accounts are undoubtedly buyers who purchase from pioneers and then sell at a profit.
There have been reports of some African community leaders who voice messages that certain buyers purchase from African pioneers for a few dollars and then sell to European buyers for a hundred dollars. Many pioneers from different countries are eager to finish their KYC and sign agreements to sell their accounts after KYC approval. This conduct can harm the project and hinder the development of the ecosystem, not just in Africa but also in other regions. Additionally, it can have a negative impact on pioneers.
Therefore, I urge you to familiarize yourself with the warnings from the Pi network regarding this type of behavior and avoid any unauthorized sales. It will ensure that the Pi network remains a secure and trustworthy platform for all pioneers.
Please review the following warnings provided by Pi Network:
"As Pi Network grows, there has been a recent increase of scams claiming to involve Pi. Remember that Pi is mined for free but is currently not for sale. Pi Network is not affiliated with anyone or any organization claiming to sell Pi, Pi futures, or any derivatives of Pi. All such sales are unauthorized and may lead to your loss of money or personal data. Pi is currently not on any trading or futures exchanges or traded for other currencies/cryptocurrencies.
Please avoid all current unauthorized sales of Pi, Pi futures or derivatives, because either these scams may not have the Pi they claim they do to give you back the promised Pi after you pay them money, or these futures and derivatives will be built on empty assets where nothing is backing their value, thus probably ending up in "pump and dump" situations. Remember it takes time to create and build real value, and the promise of quick money is usually a scam. Because of our policy that all Pi earned through fake accounts or scripting will be burned and the current terms of in-app transfers, many of these scammers who think they own certain amounts of Pi will lose their Pi before the Mainnet due to the behavior prohibited by our policies and terms.
Please warn others and forward this information to your community. Thank you for helping us keep the network safe and secure!"
Please pay attention to this very important warning "Because of our policy that all Pi earned through fake accounts or scripting will be burned and the current terms of in-app transfers, many of these scammers who think they own certain amounts of Pi will lose their Pi before the Mainnet due to the behavior prohibited by our policies and terms."
What does it mean?
1. What kind of behavior is forbidden?
The following uses will be prohibited:
Exchange of Pi for fiat currency
Exchange of Pi for other cryptocurrencies
Transfer for Pi for a future promise of fiat or other cryptocurrencies.
If you proceed with these transactions, your Pi will be destroyed from your account before the open mainnet is launched, regardless of whether you currently hold Pi in your wallet. This implies that you will forfeit both the FIAT you utilized to purchase Pi as well as the Pi coins in your wallet. It is recommended that you cease these transactions ASAP.
Why has this type of account not been seized yet? According to my analysis, even regular pioneers can distinguish between buyer and seller accounts, and CT can do the same. They might be planning to seize more Pi in their wallets, which can then be mined by future miners after the mainnet opens. Our mining speed is still fast, but what about the billion miners who will join after the mainnet opens? It's crucial to have enough Pi for them and it needs to be dispersed. After the mainnet opens, we pioneers will have completed our task and will be called as miners.
It's probably why we say that good virtue can afford great wealth. Those who sold their Pi during the close mainnet and those who bought it will miss out on this enormous opportunity plus a huge loss!
Global pioneers, value your Pi and follow the Pi Network regulations. The sooner we all do this, the closer we get to the mainnet opening and wealth in our hands. Otherwise, we may continue to struggle to make ends meet.
Happy Saturday, global pioneers! Make the decision to change from today and take action to help other pioneers. 🙏🙏🙏🌹🌹🌹
Disclaimer: please note that the above analysis is my personal opinion and is for reference only. I do not represent CT or any other organization.
Today, I would like to discuss the importance of refraining from any unauthorized sales of Pi, Pi futures, or derivatives. As a pioneer who cares about Pi Network's success, I regularly monitor our blockchain records to observe how pioneers utilize their Pi coins following Pi's migration to their wallets. I have noticed several accounts with frequent and substantial transfers that occur within a minute. These accounts are undoubtedly buyers who purchase from pioneers and then sell at a profit.
There have been reports of some African community leaders who voice messages that certain buyers purchase from African pioneers for a few dollars and then sell to European buyers for a hundred dollars. Many pioneers from different countries are eager to finish their KYC and sign agreements to sell their accounts after KYC approval. This conduct can harm the project and hinder the development of the ecosystem, not just in Africa but also in other regions. Additionally, it can have a negative impact on pioneers.
Therefore, I urge you to familiarize yourself with the warnings from the Pi network regarding this type of behavior and avoid any unauthorized sales. It will ensure that the Pi network remains a secure and trustworthy platform for all pioneers.
Please review the following warnings provided by Pi Network:
"As Pi Network grows, there has been a recent increase of scams claiming to involve Pi. Remember that Pi is mined for free but is currently not for sale. Pi Network is not affiliated with anyone or any organization claiming to sell Pi, Pi futures, or any derivatives of Pi. All such sales are unauthorized and may lead to your loss of money or personal data. Pi is currently not on any trading or futures exchanges or traded for other currencies/cryptocurrencies.
Please avoid all current unauthorized sales of Pi, Pi futures or derivatives, because either these scams may not have the Pi they claim they do to give you back the promised Pi after you pay them money, or these futures and derivatives will be built on empty assets where nothing is backing their value, thus probably ending up in "pump and dump" situations. Remember it takes time to create and build real value, and the promise of quick money is usually a scam. Because of our policy that all Pi earned through fake accounts or scripting will be burned and the current terms of in-app transfers, many of these scammers who think they own certain amounts of Pi will lose their Pi before the Mainnet due to the behavior prohibited by our policies and terms.
Please warn others and forward this information to your community. Thank you for helping us keep the network safe and secure!"
Please pay attention to this very important warning "Because of our policy that all Pi earned through fake accounts or scripting will be burned and the current terms of in-app transfers, many of these scammers who think they own certain amounts of Pi will lose their Pi before the Mainnet due to the behavior prohibited by our policies and terms."
What does it mean?
1. What kind of behavior is forbidden?
The following uses will be prohibited:
Exchange of Pi for fiat currency
Exchange of Pi for other cryptocurrencies
Transfer for Pi for a future promise of fiat or other cryptocurrencies.
If you proceed with these transactions, your Pi will be destroyed from your account before the open mainnet is launched, regardless of whether you currently hold Pi in your wallet. This implies that you will forfeit both the FIAT you utilized to purchase Pi as well as the Pi coins in your wallet. It is recommended that you cease these transactions ASAP.
Why has this type of account not been seized yet? According to my analysis, even regular pioneers can distinguish between buyer and seller accounts, and CT can do the same. They might be planning to seize more Pi in their wallets, which can then be mined by future miners after the mainnet opens. Our mining speed is still fast, but what about the billion miners who will join after the mainnet opens? It's crucial to have enough Pi for them and it needs to be dispersed. After the mainnet opens, we pioneers will have completed our task and will be called as miners.
It's probably why we say that good virtue can afford great wealth. Those who sold their Pi during the close mainnet and those who bought it will miss out on this enormous opportunity plus a huge loss!
Global pioneers, value your Pi and follow the Pi Network regulations. The sooner we all do this, the closer we get to the mainnet opening and wealth in our hands. Otherwise, we may continue to struggle to make ends meet.
Happy Saturday, global pioneers! Make the decision to change from today and take action to help other pioneers. 🙏🙏🙏🌹🌹🌹
Disclaimer: please note that the above analysis is my personal opinion and is for reference only. I do not represent CT or any other organization.
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