/biz/ - Business & Finance

>>14620537
This was all due to one whale market buying 100k LIT

>>14620537
Yeah we're going to 0.0025 this week.

How? Devs and investors literally said they will keep the token below 60 cents because otherwise the network is too expensive and loses its usability..

>>14620808
Unsubstantiated FUD.

>>14620815

Its literally in a published article by one of the devs how can this be fud? Check the website

>>14620837
If you're too retarded to drop a link then you should probably kill yourself

>>14620808
From what I understand its talking about transaction fees, not cost per coin. Read the whitepaper for anyone who's concerned.

>>14620850
https://www.lition.io/docs/Lition_Whitepaper.pdf
ctrl+f

>>14620837
Bullshit.

>>14620865

There is nothing in there which backs up the statement in >>14620808

The only reference similar to what you've said is the discussion about keeping transaction costs low because the next nearest competitor is around the 50-60c per transaction mark.

So you can stop fucking lying any time you like, cunt.

>>14621152
Since when did I lie? I'm saying what was said in the whitepaper, specifically the section about transaction costs. It's the only place mentioning 60 cents in the entire paper so I assume that's where the bullshit claim of "keeping the token below 60 cents" came from.
I'm not trying to back up anything that >>14620808 said. Cunt.

>>14621234
I can't find anything about 60 cents in WP/
Please show.

>>14621152
It’s a biz meme lol how new can you be?

>>14621234
Page 9 - Feature 2 Low Transaction Costs.
It mentions it, just talking about "execution's [that] can cost up to USD 0.60" on the ETH network and their goal being transactions that cost less than 0.01USD to be sustainable.
I thinks that's the part where some have pulled the 60 cent token limit out of.

>>14621406
Can't understand shit, fuck its sucks to be a brainlet.

>>14621545
Yeah look I'm considered barely literate by the state so take everything I say with a lake Eyre amount of salt m8.

Great. Now how do I buy it with leverage?

>>14621588
You can't. You'd also get rekt with the disparity between buys and sells anyway. You don't need leverage with LIT. It's gonna moon so fucking hard anyway.

>>14621664
I have eth floating around that i need to get back in LIT. Is it gonna drop below .001 ETH in the next 24 hours or should i aim higher? absolutely do not want to buy this top, though.

>>14621706
Then you’re going to get left behind

>>14621706
It just broke the ATH, so no, it's not going any lower. I'd get in now if I was you.

>>14620808
This FUD meme is like the cup of coffee shit - it's 100% fabricated. Prove me wrong.

>>14621664
>>14621753
By the way what's the reason behind this supposed moon? I have some LIT still that i keep in case of moons. but i gotta get more..

>>14621794
You didn’t do research? This is the most promising low market cap coin in the entire crypto space right now

Imagine holding bags of Vishnu's Internet Digital tokens and having no LIT

>>14621794
The reason?

>Partners with SAP (Huge company with giant mcap)
>Got start-up grant from Microsoft
>Partners with German authorities
>Mentioned in forbes twice
>Connections to big banks
>Big ad campaign in Cologne - huge city
>Supplying energy to over 200 German cities
>Established company that actually knows what they're doing
>75% of team has PhD's.
>Not even 9 million dollars in market cap (fucking unreal!)
>New tech (private/public blockchain)
>Soon listed on top exchanges

>>14621815
This anon gets it. LIT AF.

>>14620537
At least make it to binance first, I'm not putting money into garbage exchanges.

>>14621905
Ok just wait for us to 10x first

>>14621815
I have done some, but even though it sounds promising, you never know with crypto. It's not that i don't believe, i just want to hear your reasons. Last bull run i wasn't into coins nearly this new, since i didn't want to bother with the additional exchanges. Dumb move but oh well.

>>14621854
Thanks anon, i was looking for something like that.

>>14621940
Backed by SAP
SAP CTO is an advisor on the board
Team has worked in some of the best corporations in the world
Mainnet launch soon
Binance Dex launch soon
Real revenues already from energy use case
This technology can also be used in financial services and healthcare

>LITION WARS 100k LIT free giveaway
Idk bout this coin, shilled too much

you guys are complete idiots thinking this won't moon barely any fuck in crypto twitter / youtube knows this coin exists. This is link 2.0 (no disrespect to link)but this can probably pump more

>>14621983
Then don’t buy, honestly nobody cares cause of how sure of a bet this is

>>14621987
Yeah, it can literally go to a 2-3 bn mcap this year or early next year. Imagine seeing a gem like this, being told what it's about, everything can be confirmed.. And yet you go "Naah, stupid scam shit".

Some people fucking deserve to be poor.

>>14621983
link was shilled "too much" and im sure you didnt buy it, this is the second big moon spoon fed on a silver fucking platter you nigger

>>14621964
Sounds good to me, thanks for helping out a brainlet

>>14622005
Yeah probably won’t. It’ll go up but there are likely better returns to be played.

>>14622030
i like trains

what exchange are you niggers using?

>>14622079
IDEX is top

>>14622079
hotbit (no kyc) & idex are good

let's do this, it will be a long journey to the top, but I am not afraid.

>>14622079
Don’t do hotbit, sell books are very thin and you will overpay. iDEX is best

>>14622106
I’ve said this since two weeks ago. The hardest part for us LIT marines will be having iron hands at a mere 10x

>>14620808
Good FUD
but sorry its going to 100$ EOY

i've got 36k lit, but Quant VIDT price rise are looking very sexy, should I put some into them or their run is over?

>>14622164
Terrible FUD, the transaction costs will be pegged to 1 cent. This will automatically adjust based on the USD value of LIT

This will reward the stakers with more compensation in terms of LIT initially, and once this project matures will mean more in USD and less in LIT for the stakers due to higher number of transactions.

>>14622129

I will sell at 6.6 bucks, that is roughly a 100x from all time low. I expect BTC dominance to be 58% when that happens, I will then put my bags into a medium sized alt like FTM and ride that for an easy 3x and then retire

>>14622194
Maybe I’m crazy, but I think I’m 12 months time this will be 1B market cap

i am trying to buy on hotbit but nobody takes my orders..this is not okay
SELL ME YOUR LIT RIGHT NOW
REEEEEEEEEEEEEEEEEEE

>>14622205

Not crazy just dumb as a rock

Pajeet shitcoin will never be above $0.60 devs confirmed this. It makes the platform unusable. Don't be a sucker and fall for the LIT pump & dump

>>14622274
you had three fucking days dip, now you are late and the train is leaving, what were you thinking Anon?

>>14622292
How much of your stack did you lose on the swing?

>>14622292
Haha, you fucking clown. It's not what they said. You've just been debunked in two separate threads, including this one, you brainlet. How stupid are you?

>>14622292
What an obnoxious, helpless nigger you are. Buy my bags @10$ or stfu.

>>14622274
Jesus fuck just use idex. It's the only exchange you can actually profit from

>>14622292
well I guess we will see in a week or two what happens when we reach 60 cents and whether the magic barrier your pulling out of your ass will be working.

>>14622311
>>14622315
>>14622318
>>14622331

Oh no no no looks like I triggered some shills. What's the matter boys, scared anons will realise the truth?

Sketchy devs
Never above 60 cents
90% of tokens still uncirculated
Huge giveaway which will cause constant dumps

Oh no no no

>>14622390
You can tell it’s the same swinglitting retard in every thread cause he always says “oh no no no”

Cringe as fuck

>>14622390
this is top low tier fud holy shit go read a book nigger

>>14622390
>oh no no no no
>Being so dumb that he gets recognized on an anonymous fourm

Pic related.

>>14622390

>>14622390
>when one meme troll ass ravages all the shills
Lmfao this fucking coin.

>>14622574
Hello mouthbreather.

>huge sell wall accompanied by big market sells
do the needful sirs

>>14622390
this. discord shills in this thread are laughable morons with heavy bags. Under 60 cent is necessary for the project to strive. This will dump hard

AHHHH I already have a LITbag from last week's price but do I double down or do I diversify and go 50/50 QNT/LIT?

>>14622713
ATH and heavy bags

Pick one fag

>>14622713
Why don't you spend time shilling your own bags instead of fudding other's bags? I don't get it.. Not that it matters to LIT hodlers, cause your FUD is so fucking weak that no one believes it.

>>14623023
While you've been fudding, we've just hit a new ATH. Think about that for a second. Keep fudding, kek.

>>14620808
>>14621234
Unfortunate I never saw this when reading the whitepaper.

When FUDing, you have to expect people to have read the whitepaper. Or atleast dont use it as your source if whatever youre saying was never in it.