/biz/ - Business & Finance

The EEA itself means nothing since shitcoins like JNT are there.

Today, we’re pleased to announce that we will be contributing to that cross-industry effort by teaming up with Chainlink, Unibright and Anyblock Analytics in the EEA EMINENT Task Force.

Bump. Cause this board hates free money...

At least i've tried....
Stay poor fags.

>>18639097
Please just dont shill! I want to buy some more cheap LITies, please. For the love of god please!!!!

Awesome

Remember people saying the same thing about Jibril network, BABB, DBC, HPB and INT Chain

How many to make it?

>>18639607
These virgins would get laid even if you bind them hookers naked to their belly, srsly...

>>18639619
1 000 000

Staked exactly 10k on 4/20

Honest question. Why is it down 70% from ICO?

>>18639852
garbage shitcoin shilled by indians

>>18639732
Staked 20k last night for 12 months compounding...

Telegram is saying that they see 30-50% annual ROI on staking 12 months out.

Shit is bout to get crazy with this project, I gotta get enough to run a node

>>18639852
Tbf most successful coins hit down 95-98% from their ICO before rebounding upward in the bull market. Just HODL and this coin is gonna go places imo

What is the point in staking over just straight buying this?

>>18639732
How much do you make with your 10K and the 1.8 multiplier?

>>18639979
Check telegram, it depends if you do compounding or not. But annually it's looking like between 30-50%

>>18639979
bout tree fiddy
You get ~4500 per year with 10k and x1.8

>>18639882
those are unrealistic staking rewards. Can you explain where the money will come from?

Thought of buying it, now i know i wont.

>>18640449
Look at my post. I got 42.9 lit in 3 days. Now take that out a year.

>>18640449
>Implies that smthing is a scam with doing his own research

Bye faggot. We wont miss you.

>>18640449
It's just for the first round of staking. We are getting a 1.8x multiplier for getting in early, but this multiplier goes away after this Genesis phase.

Read the FAQ on the staking site. Actual rewards will be much lower as the project goes on, they just want to reward early adopters

>>18640481
without* obviously

>>18640504
No. They just want to reward early buyers of THEIR bags. Its not a problem for them to "give out" their token when they created it from 0, and now they are selling it with promises. Seems shady to me.

>>18640593
How can something be created from "zero" when there was an ICO? 0,1$ per token btw.

But ye please dont buy. I dont want financial illiterate retards to make a single dime out of this incredibly undervalued project.

>>18640723
Created from 0 meaning they programmed an erc20 token in half an hour, or they made their blockchain in a few days. Then they sold what they made for 0,1$ per token in the ICO. Thats why 99,9% of ICOs are a fucking scam you absolute shill, how much are they paying you

>>18640744
>Programming something means that its nothing worth of value

HAHAHAHAHAHAHAHAHAHAHAHA god damn how the fuck did you find in here?! I wouldnt even think that redditors are as retarded as you show to be.

>>18640593
>>18640744

WHEW lad seethe harder. Their contract is way more complex than a 20 minute ERC20 template. I've made quite a few coins before and I'm very bullish on their project.

Believe whatever you want though

>>18640449
Please, fuck off retarded faggot

>>18640801
>>18640778
>>18640826
Lmao what absolute shills.
I know for a fact that LITION is a SCAM

>>18640833
Show your "facts" then, retard. I cannot wait for them :)

>>18640833
>I know for a fact that x is a SCAM
>t. schizo who missed out on LINK and every other project which went parabolic

>>18640873
You show yours?

>>18640877
Im early buyer of link . Fuck off.

could this go a dollar?

>>18640885
You were the retard who started talking bullshit.
You therefore need to prove that its not bullshit you are talking about.
God this board is retarded lmao

>>18640885
EEA, SAP, Microsoft, etc. Now where’s your proof faggot?

>>18640833
You know for a FACT kek.
Present those facts than faggot.. Ohh right you can't. What is this shit-tier fud anyways? GTFO

>>18640833
Dr Lohwasser hier, i stimme zu, LIT is a scam to sell my bags to dumb zoomer for me to get those sweet trans rights after my op. Fuck you biz, i made it. Grüße

>>18640885
burden of proof is on you, autist.

>early buyer of link
>probably bought in at $2.5

Post facts or stop fudding... pretty simple

>>18640895
Impossible, we capped it at 54 cents, stay mad nigguh.
T. Lohwasser

>>18640885
>early link buyer
Doubt. Why would you have bought link when all they did is code? Coding is useless I thought lol.

Im not even gonna argue with you retards. Then why dont you buy every other erc20 token with "great promises" making "devs" rich.

Just you guys being so triggered indicates that you are shilling so 4chan tards are gonna buy your bags. So FUCK OFF

>>18640975
mate i got 100k i aint mad

>>18641004
Lol you still havnt backed up saying its a scam. Just random fun you could say about any coin. We don't care if you buy or not man. Why even comment in here if it makes you so mad and you also don't like the project?

>>18641004
>Hurr its a scam
>I got solid proof

not even 10 minutes later

> UHHHM IM NOT EVEN GONNA ARGUE WITH YOU RETARDS LOL. ERC20 = AUTOSCAM XDXD

Lol

>>18641019
Dilate my boipuzzy faggot!!!

>>18641004
SEEEEEETHE HARDER LMFAO

>FUCK YOU GUYS I'M TAKING MY BALL AND GOING HOME HMPH

>Tell this retard to present facts
>Gets mad and leaves because he has no facts
>FUCK YOU GUYS YOU ARE ALL SHILLS

>>18640778
Pis off

>>18641004
I just love it when people shit on erc20 tokens as being useless and hold only link at the same time kek

>>18641079
>1 post by this ID
>Couldnt even write 2 words properly

Hey Jowdy, you vodkanigger. I saw you crying on the trading channel last time LIT had an announcement and I was very amused. The salt of your tears is as pure as this project.
Keep up the whining!

I got 15k LIT, how many of it should I stake? 5k or 10k? Also how long are you guys staking your shit for?

>>18640449

>>18641189
well we are currently in genesis period so you can get the most value going for 12 months at 1.8 return, although depends if you wanted to stake just to get a bit extra to put into LINK or something

>>18641211
Saved!

>>18641222
How long is genesis phase?

token not needed

>>18641393
fud not effective

>>18641444
token not effective fuck you

>>18641393
>entire platform runs on staking
>tOkEn NoT nEeDeD

>>18641222
Just buy and lock them up so you cant sell for 12 months! We will give you our tokens we pulled out from our asses!!!
>>18641503
This.

>>18641744
I thought you were done retard

>>18641744
He’s making fun of people like you for saying token is not needed when it very clearly is, yet you say ‘this’ anyway. Anon, are you illiterate or just retarded?

>>18641799
Based on his incoherent FUD I'd say probably both

>>18641503
listen here you punk little bitch im hitting every fucking pump in this space and this is one of them you twerpy cock sucker

I think the problem with this thread is theres no discussion its just 2 sets of retards calling each other retards. The FUD is weak but noone is arguing points for LIT in response.
T. I don't know much about the technical fundamentals of LIT but I like the team and the network connections they have

>>18641918
this retard understands how to use a VPN but still doesn't understand the sarcasm. lmfao

>>18642001
listen here you retard im retarded

>>18641944
>Hes doing only half of DYOR and just doesnt read their whitepaper/lition announcement channel on tg

Cmon bruh. I spoonfeed you because you tried. :)

>>18641944
Its about people trying to keep the price down for as long as possible until the paycheck arrives. True story.

>>18641853
trying to pump your bags much?

>>18641944
GDPR-compliant blockchain solution
2m revenue already

>>18641944
I read the nontechnical white paper and it sounds like they weren’t really sure of a direct path for their token. It was as if they just wanted to ride the blockchain wave.

The lack of exchanges has been done by other projects and while they were legit, token value failed to do anything see:Enigma

So part of me wants to believe this coin can be a promising project, another part of me feels like this team will turn to dust like many others. I don’t think they will exit scam due to the names involved but again they could fail to raise value of their token long term.

Also note I did pump and dump this token last year on /biz

>>18642125
My bag is 20k. I have them all locked into a 12 month staking period. IDGAF about pumping it, I just hate seeing other people FUD a great project.

>>18642062
To good news to supress it for long.
If you havent already accumulated, do it now...

>>18642202
Congratz on the bag anon. 55k chadlet here...staking for 3 month and the rewards are insane. I get around 75 LIT per day because of their genesis phase program that rewarded early holders of the token. They (the team) also burned a shitton of token themselves and since their token will be used to buy elecricity, gas and solar panel installations in germany (and sonn other countries in the EU I would say) I'm more bullish on LIT then on BNB or other big names in crypto. The electricity thing is just the first thing they will put on the blockchain, which rewards stakers with the gas usage while this energy business generates revenue.

>>18641944
Because the smart people are not commenting and instead taking more beneficial positions on exchanges.

I've read the full whitepaper. I'm not going to spoonfeed.

Why should I do your work for you? Be happy I'm not FUDing, it's only because I'm already satisfied with my position.
I swear half the people on here don't even understand the game theory of biz.

>>18642192
Enigma actually wasn't doing too bad until February when they got fucked by the SEC (their ICO was apparently also open for burgers) and ENG fell from a 40mil MC to 6mil.. I don't really follow Enigma anymore and I think it's a risky bet right now because of the SEC situation but otherwise a good project.

>>18642307
yeah I saw, they burned 75% of the total supply right??

Congrats on joining the Taskforce Lition, greetings from a UBT & LINK fanboy

>>18642421

>>18642365
This.
I also don't feel like fudding, already have a decent size bag. But after this news I might market buy some more.

>>18638899
82 replies, is LIT becoming known? shut that shit down

>>18642920
Bump :)

Guys. I only have 100k. I wanted to buy 1 000 000 but not at those prices. Lets fud this back to 0.0002 eth, lets start a fud campaign

>>18643351
Double bump

>>18642473
>still using memes
go back

>>18644156
Dude if you really want a million you should start eating that 2 million sell wall on idex. Price ain't gonna go lower than 5 cents with all these new developments and also you will have a hard time buying one million LIT any other way than simply market buying, it's just not liquid enough right now.

>>18644272
Thats the problem, i can't afford a million at these prices, maybe 750 000. And then i will be all in lol
If lit goes bonkers, 1000 $ / lit can make everyone with 1 million lit a fucking billionaire

>>18644272
>>18644156
Is 35,000 LIT enough?

>>18644551
>>18644551
Yes

>>18644351
>>18644351
I see you are not a poorfag, but your expectations of becoming a billionaire off a couple thousand dollar investment is quite delusional. I'm personally targeting $10 per LIT but $1000 would be out of this world.

I bought some time ago and as someone said above I had the impresion that lition joined the crypto wave without a clear purpose for its token. I sold.

>>18645408
Circulating supply: 100 000 000, less than eth. If eth goes to 10k-20k in the next cyfle, and it will if cycles rhyme, and if lit works, we can sure see lit between 100-1000. Well that's only 3 ifs here, you see?

newfag here, where do i buy LIT? not on coinbase or uniswap and those are the only ones i've used so far

>>18645525
ps on my way to market buy the way to the first 200k wall

>>18645537
Idex, its easy to use. Open and runnig account in 5 mins

>>18645546
Looks like someone has set up a bot to place new orders under 0.0003549

>>18645546
Chad move fren, I might join you in taking down that wall in a couple of days. Would be nice to add another 100k or 200k to my bag.

>>18645525
is this before or after the token burn? Cause devs burned 75% of the supply apparently https://medium.com/lition-blog/important-announcement-lition-to-burn-7-7-million-tokens-7e4663388dbc

>>18645927
Wrong link:
https://medium.com/lition-blog/lition-to-burn-another-7-7-million-tokens-579cca323c11

>>18645834
Yeah i'm gonna buy more every day, i just hope price moves down again. I will stop when i have 100 eth left and hopefully 500k lit if everything goes as planned

WE WILL ALL GONNA MAKE IT BROTHERS

>>18645927
After the token burn, before that the max supply was like 130 000 000

>>18640449
They literally come from number of transactions. However there is a multiplier when it comes to tokens staked in the staking pool which comes from the ecosystem pool

>>18642192
>I read the nontechnical white paper and it sounds like they weren’t really sure of a direct path for their token. It was as if they just wanted to ride the blockchain wave.
I have no idea how you got that impression. They very clearly laid out how important it is for their energy business. Quite frankly it's their main selling point. This is ignoring all the other use cases mentioned. Are you also ignoring the fact that SAP's CIO wrote the technical whitepaper? This isn't just jumping on the trend.
>another part of me feels like this team will turn to dust like many others.
If they go to dust then the energy business goes to dust. So far the energy business is getting approximately 100 new customers per day and is one of the fastest growing energy businesses is Germany. They will not turn to dust.

>>18642393
No. They burned 75% of team tokens and 70% of the ecosystem tokens.

>>18645525
Circulating supply is 60 million. Total supply is 100 million after the tokens are burned.
>>18645927

>>18647384
Yeah my fault i meant max supply 100 mil

Rn I have 10 eth 10k ubt and 10k lit
Thinking about turning some of my eth into more lit.

>>18648515
You should definitely buy LIT with your ETH anon, much much better upside potential. Maybe even consider selling some UBT.

>>18642920
We've turned the corner.
It's organic now.

>>18649512
I like my ubt but might part with my eth. But I do like the 10 and 10k and 10k feel of my port atm.

>>18649517
I agree anon, this feels way more organic than the pump to 30 cents last year. Back then it was just a pump with no news to back it up. They are now dropping bombshells about new connections with major players in the industry almost weekly. I feel new people are getting to know the project and starting to get involved, we should pass ATH this year no problem.

bump - make sure to steak them lits

>>18649872
ya bitch i'm steaking my suicide stack

>>18649872
Anon is right, these delicious staking rates won't be here for long, make use of it now to increase your stack while holding, LIT is a long term play anyways.

>>18640449
The lit from staking are coming from 20% of the investors stack. Read it in the whitepaper. We will be filthy rich.

Just staked my 12k LIT for 12 months that I've soon held for a year. AM I FINALLY GOING TO MAKE IT