/biz/ - Business & Finance

STOP PUMPING

>>23341838
Stop posting.
Go to doctor.
Forever staking.
Never selling.

12 hour shift on this thread, thanks to all who made it what it was
And Mike, best if you don't post in any future lit threads, just make your own thread and samefag away to yourself

this coin has so much FUD it it's DESTINED to go parabolic.

>>21169881
The pajeets are in on it now because we told them. Yes it's a legit project but the quality / social class/ intelligence of its investors has been severely diluted, and they won't stake either. Expect a dump.

>>20700273
Feels good to be back

>>18923075
SAP insider claims there partnership will get more concrete in this quarter.

>>18804692
This isn't a link thread, bucko.

this shit gonna POP

>>17210390
Lition.
The project's usecase already has somewhere around 15k german households that pay 1k a year in energy bills over its platform. And it's currently adding 100 households per day.

Lets do some math for 2 years from now.
15k + 100*730 = 87000
Now add some growth.
15k + 200*730 = 161000
Yearly volume of actual use case over platform:
161000*1000 = 161 Million/year.

Many projects got valuations of 100 times their usecase volume in the last meltup. But let's be conservative and say it will only be 20x during peak mania.

161Mil x 20 = 3.22 Billion.

Total tokens = 130 Million.
Projected Value = 3220/130 = 24.77 USD
Current value = 0.066 USD

So only 375x, but that is based on one usecase.

Where my LIT bros at?

Never gonna make it.

LITION transfers to exchanges (IDEX and Hotbit) are drying up.

10-8 days ago:
249069 LIT
8-6 days ago:
240050 LIT
6-4 days ago:
244317 LIT
4-2 days ago:
263871 LIT
last 2 days:
194709 LIT

Of which only 18658 LIT in the last 24 hours.
/biz/ posters fudded well.
Thank you for filling my bags, but it doesnt look like there are a lot of fence sitters left to rob more bags from.

Ok hear me out.
I know this coin has gone a ways down the drain and is now trading sideways for about 4 days now. (1.5 million LIT volume in a narrow range between 0.00028 and 0.0003 ETH, IDEX only)
Now I've been looking where the dump volume of the last few days came from and looked at first at IDEX transactions:

>100,000 LIT transaction:
https://etherscan.io/tx/0xf4b1cc6d6688ef5c36f53dfb25f2ce439d41655056d8deaf7ecd2b826442c92c
This seems to be just from a bot who trades the spread. So I am not going to take this into account in further discussion

>50000 LIT transaction:
https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x30491fa151a53f6c941eb2e4f59660c17259b2ac
This wallet still has 188,215 LIT left

Then we have
>53969 LIT transaction
>40000 LIT transaction
>110000 LIT transaction
>74850 LIT transaction
>12818 LIT transaction
These five are all linked.

>>16073009
The fact that only OP and me are posting here made me just unironically buy another 100k.
All below 0.0003 ETH as well.

>>15933775
This

You buy as much LITION as you can get your hands on

>>14675585
Nah
>>14675613
She is a goddess

2.2k Lition officer cadet reporting for duty.