我從2022年開始開採PI，有1000多個Pi

我從2022年開始開採PI，並在我的主網錢包裡有1000多個PI

"I started mining Pi in 2022 and had over 1,000 Pi in my mainnet wallet, I still believed in it and spent more than $5,000 to buy more when the price was around $1.90," Hoang Kha of the central Quang Binh Province says.

“我從2022年開始開採PI，並在我的主網錢包裡有1000多個PI，我仍然相信它，並在價格約為1.90美元的情況下花費了超過5,000美元來購買更多。”

When the price soared to $3, he felt fortunate about the timing of his investment.

當價格飆升至3美元時，他對自己的投資時機感到幸運。

"I thought the price would continue to rise, so I did not take profits though an experienced friend advised me to," he says, explaining it was his first experience with crypto and he "was still unfamiliar with how things work."

他說：“我認為價格會繼續上漲，但我沒有拿走利潤，儘管有經驗豐富的朋友建議我要去。”他解釋說，這是他對加密貨幣的第一次經歷，他“仍然不熟悉事情的工作方式。”

The coin's price has declined steadily and it was trading at $0.89 as of March 21. Kha says the sharp drop has left him so anxious he cannot focus on anything.

截至3月21日，硬幣的價格穩步下降，其交易價格為0.89美元。卡哈說，急劇的下降使他如此焦慮，他無法專注於任何事情。

"Maybe I will sell at a slight loss before things get worse because part of the money I used was borrowed."

“也許我會在事情變得更糟之前輕微虧損，因為我使用的部分資金是藉來的。”

Le Vi of Binh Thuan Province says for more than three years he invited relatives, friends and social media contacts to join Pi, and received over 5,000 free tokens in his wallet for his efforts. He had hoped its price would rise to "at least several dozen U.S. dollars" once it listed.

Binh Thuan Province的Le Vi表示，他邀請親戚，朋友和社交媒體聯繫人加入PI，並在他的錢包裡獲得了5,000多個免費令牌。他曾希望，一旦列出，它的價格將至少上升到“至少數十億美元”。

"I am not happy with the current price though I did not have to spend money to buy it," he says, adding he plans to sell two-thirds of his Pi instead of waiting for a rebound.

他說：“儘管我不必花錢購買它，但我對當前的價格不滿意。”他補充說，他計劃出售三分之二的PI，而不是等待反彈。

Pi coins. Illustration from X

PI硬幣。 X的插圖

On social media, many others have shared similar disappointment. Before the launch of the open network, Pi supporters believed the token would soar in value, with some agreeing on a "consensus price" of $500-1,000 and exhorting others not to "undercut" the price.

在社交媒體上，許多其他人也有類似的失望。在開放網絡啟動之前，PI支持者認為代幣將有價值，有些人同意“共識價格”為500-1,000美元，並敦促其他人不要“降低”價格。

"So when Pi reached a peak of $3 before starting to decline, many users lost confidence," Hoang Anh, an administrator of a Pi Network Facebook group, says. He says the community has now split into two and one is upset with current prices.

PI網絡Facebook集團的管理員Hoang Anh說：“因此，當Pi在開始下降之前達到3美元的高峰3美元時，許多用戶失去了信心。”他說，社區現在已經分為兩分，一個人對目前的價格感到不安。

"Many users bought additional Pi expecting a price increase, only to be shocked when their holdings lost half or two-thirds of their value within a month."

“許多用戶購買了額外的PI期望價格上漲，但當他們的持股量在一個月內損失了其價值的半或三分之二時，才會感到震驚。”

The other group remains confident, urging users to transfer all their tokens to personal wallets and even encouraging others to buy more if they can. Some crypto experts have warned that Pi shares traits with meme coins and could be vulnerable to price manipulation or "pump-and-dump" schemes. The Pi Core Team, which leads the project, previously said the total supply would be capped at 100 billion, with around 6 billion Pi initially released into circulation after launch.

另一個小組仍然有信心，敦促用戶將所有令牌轉移到個人錢包上，甚至鼓勵其他人如果可以的話購買更多。一些加密專家警告說，PI與Meme硬幣分享了特徵，並且可能容易受到價格操縱或“泵送”計劃的影響。領導該項目的PI Core團隊先前表示，總供應將限制為1000億，大約有60億PI在發布後發行。

Citing wallet data, veteran crypto investor Nam Nguyen says tens of millions of Pi continue to be released, with some estimates putting the circulating supply at nearly 7 billion.

資深加密投資者Nam Nguyen引用了錢包數據，他說，數以千計的PI繼續發布，一些估計使循環供應量近70億。

"That is why the price keeps dropping.

“這就是為什麼價格不斷下跌的原因。

"It may fall even lower in the near future, as wallets previously locked to boost mining speed will be unlocked. Users need to carefully consider the amount of Pi they are holding."

“在不久的將來，它可能會降低，因為以前已鎖定的錢包以提高采礦速度將被解鎖。用戶需要仔細考慮他們所持有的PI量。”

He also notes that many Pi holders appear to be new to crypto.

他還指出，許多PI持有人似乎是加密貨幣的新手。

"They may have been pushed by online groups and in fear of missing out, spending large sums to buy more Pi without understanding how the market operates.

“他們可能被在線團體推動，並且擔心會錯過，花了大量費用購買更多的PI而不了解市場的運作方式。

"In the end they lose money and do not know who to turn to, as there are no legal protections."

“最後，他們損失了錢，不知道該求助於誰，因為沒有法律保護。”

Despite the open network launching on Feb. 20, Pi Network is still widely seen as an incomplete blockchain project, lacking smart contracts and open-source transparency.

儘管2月20日開放網絡啟動，但PI網絡仍被廣泛視為一個不完整的區塊鏈項目，缺乏智能合約和開源透明度。

Over the past month the core team has introduced only minor updates, such as domain name auctions, the PiFest shopping feature, app expansions, and ecosystem improvements on the mainnet.

在過去的一個月中，核心團隊僅引入了較小的更新，例如域名拍賣，Pifest購物功能，應用程序擴展和Mainnet上的生態系統改進。

Launched in 2019, Pi Network promoted itself as a way for users to mine Pi for free by tapping a button in its mobile app daily. Vietnam is among the countries with the most Pi miners.

PI Network於2019年推出，作為用戶每天在其移動應用程序中點擊按鈕免費開採Pi的一種方式。越南是PI礦工最多的國家之一。

The project has been controversial, taking nearly six years to launch its mainnet, finally allowing users to transfer Pi to exchanges for trading on Feb 20 this year.

該項目引起了爭議，需要將近六年的時間才能啟動其主網，最終使用戶可以將PI轉移到今年2月20日的交易中進行交易。