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Picture of the author

100****0407

2022/12/31 21:22

FAQ about Huobi listing Pi with deposit suspended

Hello Pioneers amd buyers,

I made this post to extinguish all the false information that both pioneers and (believe it or not) Founders of Pi themselves have about central exchanges aka: CEX like Huobi etc..

- is deposit suspension a sign of something wrong?

No, deposit can ne suspended for many reasons. One of them is to comply woth the coin's whitepaper .. which is the case with Pi .. also it can be to set to prevent outrageous holders from dumping the price so quickly .. as this would hurt both the platform (CEX) and the coin (Pi) .. by suspending deposits for a given time .. this allows the traders and new buyers to trade seamlessly and comfortably without crazy chart movements that migh end in huge losses thus hurting almost all parties involved. Usually deposits open after the exchange is in line with terms of the coin rules and when prices stabilize after a significant amount and time of trading take place.

- Did the founders of Pi approve listing of Pi on Huobi?

The question itself is incorrect .. the founder of any coin has no control of any central exchange like Huobi .. it can be listed or delisted without even informing the founder .. Exchanges do this because they know that all coin makers compete to get listed on their platform, so it's a no brainer if they list your coin, you would be more than happy .. which leads us to why founders of Pi are not happy: because they simply are not aware of how lucky they are by getting listed in such a big exchange

- Why are Pi founders unsatisfied with being listed on Huobi etc..?

Because they simply don't have the knowledge .. yes, they know about how to code a blockchain and how to market it.. but their reaction for this listing shows clearly they have never dealt with central exchanges before .. becuase if they did, they would be throwing a party at their offices by now .. being listed in big exchanges can vary from you having to pay tens of thousands of dollars to - best case scenario - get invited by the exchange into their "innovation zone" .. Huobi saw the potential in Pi and even skipped all of these and listed Pi without a hustle .. they even followed guidelines and didn't open deposits, otherwise obnoxious sellers could have dropped the price under $0.01 

- But .. but .. the forums and chats say that listing was a fishy move

Forums and chats are full of noobs who know nothing about what i said above .. they only talk out of intuition .. none of your favorite twitter influencer have even dealt with a listing before and they know nothing about how things work .. not to mention normal users who repeat what's been said like parrots .. all misinformation with no real ground.

- As a seller what should i do now?

Beware of p2p buyers.. 99% of them are willing to steal your Pi and they will never pay first .. whoever trues to negotiate with you to make you pay first is robbing you off of your precious Pi

- As a legitimate buyer what should i do now?

Either buy expensively on the platform or if you prefer p2p trading then pay in advance to sellers who have spent years to collect their Pi .. who knows you might build a great trust profile and get yourself a big running business by just buying at quarter the Huobi price!

Stay safe .. stay a Pioneer.
7Share

All Comments39LatestHot

LatestHot
  • ika****@gmail.com

    Hello guys! I have 300 PI, is there anyone interested?

    2025-02-13 07:16ReplyLike

    fa2****@gmail.com

    I'm interested in buying 100 PI at a fair price. Please let me know your offer.

    2025-02-13 19:48ReplyLike

  • mac****@gmail.com

    I have Pi to sell if anyone is interested.

    2025-02-07 19:23Reply1

    tyl****@hotmail.com

    I'm interested in buying 1000 pi at market price. How do we proceed?

    2025-02-07 19:24ReplyLike

    ifr****@gmail.comReplytyl****@hotmail.com

    Market price (IOU) is currently around $75 though.

    2025-02-17 06:13ReplyLike

  • cam****@gmail.com

    Shit I’ll sell my pi 30 a.coin direct

    2025-01-16 16:25ReplyLike

  • jas****@gmail.com

    Hello guys, I'm making money from the comfort of my home with a minimum start of $ 500, I'm earning $ 5000 weekly, thanks to Mr Jorge_carlos_perez on Insta gram

    2023-01-07 00:34ReplyLike

    100****0407

    no spamming please!

    2023-01-07 15:04ReplyLike

  • 150281.verse

    just one question...how's the liquidity coming on exchange than if founders are not aware

    2023-01-02 05:19ReplyLike

    100****0407

    IOU listing.. google it

    2023-01-06 23:52ReplyLike

  • Edwinlim.verse

    Just do meet up and deal . Since the amount is big

    2023-01-02 03:58ReplyLike

    780****7729

    🤣😂🤣😂🤣😂

    2023-01-07 00:20ReplyLike

    Edwinlim.verseReply

    Yes easy if scared scammers , just do meet up and deal . Everyone talking about buying on what price this and that but when open topic on meet up and deal then all silent .

    2023-01-07 12:45ReplyLike

    19 comments in total
  • 780****7729

    Blah blah… try selling your Pi and you’ll find you lost it all due to defying your agreement. It doesn’t matter who lists it, you can’t sell what you don’t have yet and that won’t happen til mainnet

    2023-01-02 02:42ReplyLike

    100****0407

    you buy and sell on the platform so easily in the "Trade" section .. you just did not try it!

    2023-01-06 23:53ReplyLike

    100****0407

    also have you heard of p2p trading? 😁

    2023-01-06 23:54ReplyLike

  • 100****0407

    Those who still have doubts, just google "what is iou crypto coin listing?"

    2022-12-31 21:32ReplyLike

    780****7729

    You’ll do your deal and when the IOU comes up, you will either have Pi with a value a lot less than what you owe, or the Pi team will burn your account and you will have nothing to pay your debt.

    2023-01-07 00:00ReplyLike

    780****7729

    It’s not rocket science

    2023-01-07 00:00ReplyLike

    3 comments in total
  • 100****0407

    By the way, if you're a legitimate buyer I'm gonna be selling 300 of my Pi for 45 each .. pay with your chosen coin and i never send Pi first.. username @evillo on Telegram

    2022-12-31 21:27ReplyLike

    ang****@gmail.com

    im ur legitimate step dad

    2025-01-21 03:51ReplyLike

397

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