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Hello everyone and welcome to the best Crypto Channel ever! We are going to try our best to give you the most important news and novelty regarding Crypto!! Please follow us, we will be uploading daily! Subscribe to our channel and do not miss out! Most of the people are talking about Ethereum and Bitcoin. In the last couple of days we saw hype about one particular coin besides these two, and that is called Picoin. The app Pi network that is run by professors from the world-renowned university of Stanford is very famous on the app store and the android’s play store. Until now the app has around 10 million downloads. What is interesting about this app is that you can get free Picoins by just having the app on your phone and opening it once a day. If you are still sceptic of cryptocurrencies and weather you are considering to invest in any or not this is a video for you. In this video we will try to inform you about the Picoin and is it worth it to earn Picoins, to keep them for earning more money. We will also discuss of what kind of potential it has. First of all what exactly is this Pi coin? Picoin is the first coin that can be created from your phone. It has an app that can be installed on your mobile device (Andorid or Apple) with which you can earn coins and become involved in this growing community. What you need is downloading and installing the app. After that you should create account and insert the invitation code, without the code you are not going to be able to create your account. At the moment this app is becoming more and more popular. They have around 10 million users in their base. You should have a referral code to sign up, and in the first sign up you are getting a free Picoins. I used the referral code of my brother to enter this Picoin world. Once I signed up the app automatically gave me one Picoin and the earning rate is going up. Every hour you might get some Picoins, depending on your referral code or people entering the app. My earning Picoin rate increased from 0.48 to 0.58 per hour. If you want to raise your per hour rate you will have to invite more people. But those people should join and use the app if you want your per hour rate to grow. If the per hour rate grows that means that your earnings will grow, you are going to earn more Picoins per hour. There are examples that people are earning more than 2 dollars per hour and now having thousands of dollars in their Pi App pocket. What is the current Pi Coin value? For now we don’t have exact price that this coin is worth. When some coin is available for purchase on the Internet it value is well known. If you cant afford it, it is either worthless or free. Until now this coin is free, and earning it was and it is free. When they starts giving the coin without any compensation it might happen that some investor get interested. Then we are going to get the real picture of its true value. I’m sure that you are still have a lots of questions on how is it possible for something to be free and how is it possible to get free money. The truth is that something can be worthen almost nothing, but cannot be completely free. Since this coin is very new and fresh on the market all the “mined” coins cannot be exchanged at the market, and exactly this is making them useless. The team of this coin is sure that the coin is going to be on the exchange markets very soon, but until then we are not going to know its real value. They are assuring that this coin is going to be on the exchanges by the end of 2021, and with that to become tradable. Particiapting in this network in most of the opinions is risk free. You are not obligated to buy any apps or to give your money in any scenario. What is good as well is that you are not going to have to provide your personal data and you can download it directly from the app store or the play store and not from some suspicious websites. Let’s imagine that Picoin never make it and it worths zero in the next couple of years. Let’s go even further, lets imagine that all project just fails. You have not lost a dime. You have lost only a few seconds every day and a 20 second time for registration. Which is almost nothing. This is very interesting project to follow and to see where it might go in the future. It seems like a risk free way to get into the cryptocurrency world. Before “investing” your couple of minutes of your life let us inform you about this cryptocurrency. It is worth mentioning that the team of Pi is legitimate and trustworthy. We did a research about this company. We have learned that this crypto, or this business is run by three Stanford professors that have an intention to make this available to everyone in the world for free. If you start “mining” this crypto now, and keep it in your portfolio in most of the opinions by the time this becomes available you will have around 1000 or more Pi Coins. If this coin went for just 0.5 dollars or even 1 dollar, you do the math. Are there any plans for the future of this Pi Coin Network? According to the team they have plans to make this currency one of the best in the world. They have the plans to the very top of the market and a coin with high demand in future. What is the most interesting is that they have an intention to lunch a marketplace, some kind of shop, where people can buy some goods and services with Pi Coin. And, according to the team, this will be possible directly from the Pi Coin Network app. They reminded that the Picoin can and will be traded at a predetermined price and will fluctuate depending on the demand and supply, depending on the market. If everything goes as planned, in future you are going to be able to buy something with your Picoins or trade them as other cryptocurrencies. What value can have the Picoin in 2022, 2025 or 2030? Let’s be real! Nobody can predict with precision how much this coin will worth in the next couple of years. But there are some estimates about its value in 2022, 2025 or 2030. We are going to compare it with some of the other revolutionary coins out there. If you see the price of Bitcoin in 2013 (and that was just 7 or 8 years ago) it was selling for less than 20 dollars. What is this means? At the time of writing this video Bitcoin worth around 37 thousand dollars. This demonstrate the possibilities that we have with all of this new alt coins that are based on good technology and revolutionary idea. Because of its uncertainty the price might vary in the higher or lower levels. But always there are chances for the price to hit the sky. The most realistic scenario is that the Picoin will worth between 0.01 to 0.5 dollars. And this price is going to rise in the years that follow. For 2025 the most realistic prediction is that the Picoin will be between 0.5 dollars and 1 dollar. This price in 2030 most likely will be between 5 and 10 dollars. This predictions are based on couple of factors. One huge factor of impact is that they have a plan to create a marketplace where they are going to use the Picoin directly from the app. Which is, you must admit, really crazy good idea. The second factor is their proposal to make Picoin a for – profit entity. The good news is that they are now very well established on the market. With more than 10 million followers they have a potential to find investors and establish themselves on the exchange. All of this factors are really good for investing, owning or trading in this coin. Why Picoin is free for now? Why would anyone send me a cryptocurrency for free? That is a really good question to ask. And as we said earlier it is not completely free. When you download the app your phone is used as mining rig. As you might know other cryptocurrencies needs a lot of big and powerful rigs to mine. The mining process is basically verifying the transactions and doing complicated mathematical tasks. This process has to be done if we want to have a cryptocurrency that is viable in the crypto market. So, the mining process is not free, they are paying you for mining in the crypto that you are mining for. For example if you are mining Etherum you will not be given dollars, but you will be given certain amount of Ethereum. After that you can use the Ethereum to trade (buy or sell) or you can use it to convert it into dollars. It is the same thing with this new Picoin instead of using an expensive computer rig you can use your phone to do the same process. That is why they need a lot of users to verify the transactions with their phones instead of expensive computer rigs. This is very revolutionary. The other revolutionary thing is the market that they are going to create. This is their uniqueness, and it is something that no other crypto is using for now. We gave you a lot of reasons why you should go and try this new crypto. Especially because it is almost free, and it is for sure risk-free process. Most of the analysts are saying that there is going to be new and better crypto rather than Bitcoin. And you don’t know, it might be exactly this one – Picoin. We are not a licensed financial advisor. All videos on this channel are intended for entertainment purposes only. You should not buy, sell, trade, or invest in any asset based on what we say in these videos. You should know that investing carries extreme risks. You could lose your entire investment. This is not trading advice, and we are in no way liable for any losses incurred. Thank you for watching our video! Please subscribe to our channel! We wish you a good luck!