/biz/ - Business & Finance

"Under the previous vesting schedule, 18.8 million LIT tokens would have been released through 3 unlocks in the upcoming 2 months until Mid-April of this year. This has been a constant source of feedback from both current and prospective investors due to limited liquidity. To put it in perspective, the buy books across all of our exchanges are significantly less.
In an incredible show of support, Lition reached an agreement with the advisors and seed/private sale participants to lock up their Lition tokens for a much longer duration. Thereby, stabilizing token distribution and supply while also creating much less selling pressure from month to month."

Source: https://medium.com/lition-blog/token-unlock-extension-agreed-with-litions-investors-and-advisors-4b856e3b3803

This means there is barely anything stopping price from doubling, tripling and more with ease. The next two months will be nothing but in the green for Lition, and you know that's hard to deny.

Anon, did you buy XRP in 2016 because of SAP?

https://news.sap.com/2016/07/atb-financial-sends-one-of-the-worlds-first-real-time-payments-from-canada-to-germany-using-blockchain-technology-supported-by-sap/

You may ask yourself: What's happening to those 18.8 million LIT originally planned to be released over the next two months?
They will be released over the next two years, every six months in equal portions, starting this June.
Tell me, what sounds better: 18.8 million LIT more on the market in the next two months or 18.8 million LIT more on the market over the next 2 YEARS?

Smart money wants to see this project grow and knows its true potential.

>>17172327
55k LITlet reporting in

I am unironically hard right now!

>>17172266
Unfortunately not, XRP in 2016 would have been a steal though.

>>17172370
history repeats

>>polo trollbox alumni

kept seeing peopel shill this on /biz/ and i went out and bought bags of $5,000 worth of lotion and the girls at the store thought i was fucking weird. i kept telling them Lotion was about to moon hard and that /biz/ told me this is a sure bet

then i came home and realized this is called Lition, what the hell? eventually i tried to return the lotion and they said no refunds....

Is 5k lit a solid stack?

>>17172464
5k is the absolute lowest for a suicide stack. I'd try to up to it to 10k if I were you, but that's on you to decide.

dead pajeet shitcoin

>>17172666
I'm sorry you haven't had the time to inform yourself about this project. Here is a short introduction to Lition.

>>17172666
>>17019961

Thank you, Jowdy you vodkanigger. Very cool :)


(for other anon's information: Jowdy is a TG channel member who bought in at around 10-11 cents and capitulated at around 1-2 cents BEFORE LIT retraced up to x3 again)

I would even bet that he is monitoring threads where the shortcut "LIT" is getting used to just say "hurr durr shitcoin scam blablabla". He seems to be very committed because this vodkanigger is unable to hold for more than a couple of months HAHAHA

>>17172704
Dont bother with him...his english skills are too louzy to have a meaningful conversation about anything

>>17172327
Oh, so now i have to wait 2 years for the core investors to stop dumping their bags on your heads, before its worth investing in? Cool thanks for the update.

So basically i had 71k i staked my litties for 3 months now and i already am up to 83440 littiewitties....im making about 70 littiewitties per day now considering that 1lit will be $25 eoy 2021 thats $1750 per day cash money.... is richard my daddy now?

>>17173008
No problem anon. You will buy my bags at 1.xx anyways (:

>>17173087
Somehow i really doubt the people dumping on you for the next 2 years will wait until it gets that high. Good luck though.

>>17173179
No ones stopping you from doubting retard.
See you at 1.xx$.

>>17173249
$1+ is very reasonable. Anyone with eyes can see that Lition is extremely undervalued.

>>17173330
My prediciton would be around 5-7 dollars when we hit peak bullrun.

>>17173056
it just means more people are going to dump.

image investing in a team that is unable to test network delay