/biz/ - Business & Finance

>>19019699
Come on Litbros.
Come in here whilst the rest of the crypto world burns.
Grab a seat and get /comfy/

HAHAHA I kid you not. An angry pajeet just texted me via TG and said he was gonna write medium articles about how Lition is a scam. Before that he was spamming Twitter with stuff like "hurrrrr guise beware dear. lition biggest scam sirs" and I reported all of his 10 tweets (with the same message in them kek). Shitskins are seething. Can post screenshots if someones interested.

>>19019699
are you incels seriously trying to imply left is a chad? he looks ugly as shit. Here, fixed him up for you losers

>>19020384
but that no longer looks like money god Richard.

Litions Mainnet 2.0 is probably the most important project in the crypto space, regarding the mainstream b2b and end consumer adoption of blockchain tech in general.

https://en.wikipedia.org/wiki/General_Data_Protection_Regulation

>>19020943
So $100 EOY?

>>19021038
If they incentivize the usage of LIT (by say, giving energy customers an X% discount when paying with LIT) it scales to the demand of the energy market. Feeling comfy as this business grows. Hoping to hear good news about Mainnet 2.0 soon.

>>19021038
We need exchanges like coinbase for a lift off to the moon base.

>>19020317
>i kid you not
Maybe reddit is more for you and your pnd shitcoin

>>19021543
Why are you seething dear´? Was it you that was sperging at me? Fucking nigger lmao.

>>19020384
that looks more feminine. nice lip gloss btw

>>19021485
It's true it could play a big role.
Richard said the average customer pays 80 euro per month. If that would be the average amount sitting still in customer account that could be 20 million euro if they make their target of 250k customers. Even if LIT's market cap is 110 Milliion USD by then, that's still the equivalent of 20 million tokens sitting still as if they were being staked.

There are just so many ways that this token can reach the moon, it's absurd. Get's me hard thinking about it.

>>19021871
A E S T H E T I C

>>19019699
I like Lohwasser, but Nazarov is vastly superior

>>19022130
Oh no no no!

>>19021871
Yeah did the calculations myself, if the project goes where it plans to we will be so fucking comfy. That's why I'm staked and have zero concerns of the weekly fluctuations.

>>19021660
yes, red lips are naturally more attractive. Especially red flushed cheeks. Im not saying to go over board like a tranny with lipstick. But red flushed lips and cheeks are objectovely more attractive as it indicates healthy blood flow

>>19022842
estimates?

>>19022917
You wouldn't believe it.

https://en.wikipedia.org/wiki/Energiewende

>>19020943
Yeah. Mainnet 2.0 will be very significant and it looks like they're ahead of schedule.

>>19020317
Was it tron? Please post screenshots.

>>19023318
>https://en.wikipedia.org/wiki/Energiewende
This. Germany and much of Europe in general is going to wake up to this and it will be glorious. Lition and P2P energy transactions may become a staple of European life quite soon. I'm just waiting for Lition's energy services to get noticed follow the advertisements. Unbelievably comfy.

This will be huge

Mainnet 2.0 (one-click deployment, increased scalability, open API layer)
The most significant milestone we hope to achieve by Q3 is to relaunch the Mainnet 2.0. The new version will include the one-click deployment of dApps, sidechains and processes, increased scalability on the sidechains, increased node capacity, and more robust staking to provide support for the Protocol.
Mainnet 2.0 will mark the introduction of an open API layer to the mainnet, which we will invite developers to explore. Our vision for Mainnet 2.0 is to have a platform that enterprises can launch sidechains on, and individuals can utilize to run their dApps and other processes. The API layer will also provide more utility opportunities for the LIT token in line with our vision for 2020.

>>19023404
Yes it was Tron kek. I would like to post them now but I need to work on some shit (working from home can waste you a lot of productive time I just experienced). I promise that I will post the pictures of our conversation in a future /LITGEN/-/lg/ thread approximately 24h from now on. Funniest shit Ive witnessed in my 4 years of being in crypto.

>>19023645
I'm also procrastinating from work kek.

>>19023715
I don't like these tables at all. It's based on absolutely nothing.

>>19022842
>https://en.wikipedia.org/wiki/Energiewende
And ironically the gains will see us driving in 7 miles/gallon lambo's.
Nothing personal, hippies.

Scam coin, team is just going to dump their tokens on you again kek

>>19023841
based on memetics.

>>19024068

>>19024048
Although unironically I want to maintain my wealth. A car is going to be the last thing I buy when I make it.

>>19024305
same
a nice motorcycle is gonne be one of my first things I'm gonna buy

>>19024048
>And ironically the gains will see us driving in 7 miles/gallon lambo's.
>Nothing personal, hippies.

I want to buy some altcoin and got my eyes on Lition, can someone help me be convinced? What is this energy on the blockchain thing, pls explain for a brainlet

Are they still dumping coins on you fags?

>>19024403
The best time to buy is when a stock is down, believe it or not, im on the edge of buying in now since double bottom is in

>>19024380

>>19024467
i dont know how this works in practicality but im convinced for now, thanks for not calling me a retard and actually helping, i already feel like a part of LIT GANG, gonna buy in in an hour

>>19024380
I should probably write a paragraph that I can just copy and paste everywhere but the energy use case while still very significant is just the beginning. GDPR compliance is much bigger.

>>19024556
Like an ELI5 paragraph would be nice

sup frens. Still comfy collecting them rewards, waiting to see new use cases coming soon? Comfy af

>>19024509
Fuck you retarded faggot, kys

>>19024611
Need your attention on the internet or something? here's your (you)

>>19024380
This shit is basically the most legit coin out there now. You should still check the white paper yourself, but:

use case up & running around green energy payments. Germans love that shit so it's gonna grow. And stake rewards are based on the real world application being used. The have upcoming cases as well. Expect a good long term hold that will grow & moon, just not a x 100 in days

>>19024665
>Germans love that shit
Wait really? It's actually known in germany? how?

>>19024665
oh yeah and there's this one dude sperging out in every thread about it but he' ll probably move on to fud the next thing soon

>>19023841
What're you talking about it's based on marketcap ratios lol

>>19024572
I agree it would be nice. I've got work to do though.

>>19024673
Because not some random crypto project that's looking for a solution without a problem. Lition discovered the problem and found the solution. To normies their energy business saves them money and they don't care how.

>>19024743
Yeah which is an absolute useless basis on future or potential value.

>>19024773
What i'm wondering is why this can't work without the use of blockchain? whats the added value of blockchain in what lition is doing? thanks

>>19024791
Well if you're talking about Lition energy (which again is just the beginning) they need the blockchain to have p2p energy and cut out the middleman. Cutting out the middleman reduces costs for consumers by 20% and increases profit by 30% for producers. The blockchain essentially allows the energy consumption to synchronised and updated frequently.

>>19024791
>What i'm wondering is why this can't work without the use of blockchain?
it actually works, right now, without a blockchain (it crashes every few days but they have everything running on a good old centralized database, so no problem).
>>19024791
>whats the added value of blockchain in what lition is doing?
marketing

>>19024948
>but they have everything running on a good old centralized database, so no problem).
It is a problem because it's just a temporary solution and not sustainable.

>>19024948
not very bullish

Isn't anyone worried about the fact that this project is limited to one country only? I could see why a company doing this internationally, with currently no serious competitors, would be a clear winner

Otherwise it's rather limited to me, though I can see it undervalue now, still.

>>19024948
>whats the added value of blockchain in what lition is doing?
>marketing
They literally hide the fact that they use blockchain from their energy customers.

>>19025011
Thank you. If you don't mind, would you explain to us why and how it isn't sustainable?

t.read their Whitepaper and I don't think it was addressed

>>19019699
Both guys look like incels.

>>19025063
>They literally hide the fact that they use blockchain from their energy customers.
because they don't use it.
Marketing was to get money from the ICO. They made good money, and they are still cashing out ecosystem tokens.

>>19025061
>Isn't anyone worried about the fact that this project is limited to one country only?
No because some of us actually pay attention to what they're doing. You first need regulatory approval to operate in certain countries. They have started off in Germany because that's where they are based. They will be made available in Austria and the Netherlands later this year. They started off in 2018. Companies take time to grow. You are supposed to get in early if you want to make it.

You are also looking too closely at the energy business and need to take a step back.

>>19025145
>You are also looking too closely at the energy business and need to take a step back.
this
the main feature is the GDPR compliance thanks to deletable personable data

>>19025123
They literally are using it. Their company would be useless without it. It's literally their only competitve advantage. Running the centralised system does not give them all the advantages when running all of the transactions on the energy sidechain. Anyway it's a good thing they won't be the only company using it.

Literally copy and paste FUD.

>>19025145
https://medium.com/lition-blog/lition-roadmap-2020-cfe1344604dd

>>19024673
Webm related

>>19025360
based

>>19025228
Could you please explain how they would be useless without it?

Are you guys just bagholders trying to sell me your shit? I'm considering buying 5000 LIT but I'm a little concerned that you're all so optimistic as the price is dumping.

>>19027334
Cons:
team just dumped ecosystem tokens to fundraise for some development and tried to hide it.
Team hasnt solverd a bug yet and we're not in mainnet.

Pro's
Team is optimistic about bug and mainnet rollout.
Staking is phenomenal for now.
This can legit go x100 easily if everything falls into place.

>>19027334
also i stake so i dont care right now.

>>19027380
I have 12k LIT and I'm not trying to sell any of my bags until I've seen this company grow more. Just genuinely believe in Lition and think it's a great long term investment.

>>19027041
Because they wouldn't have a decentralised p2p energy business without a decentralised blockchain in the middle of it. The centralised solution right now is very limited. If you want to learn about the technical side then ask the team.

>>19027334
>Are you guys just bagholders trying to sell me your shit?
No we were among ourselves talking to each other until you decided to barge in. I'm not even kidding I would prefer it if you didn't buy in. Lition has had too big of an influx of people who don't know anything about the project.
>I'm a little concerned that you're all so optimistic as the price is dumping.
This is why you'll never make it.
1) You have to buy LOW so if the price is dumping, this is when you buy.
2) We're here because we believe in the long term value of the project. This long term value will be gained through utility. We do not care about short term price increases/decreases caused by speculation because they're not sustainable.
3) If all you care about is a short term pump, then you should invest in any random shitcoin.

>>19027380
>team just dumped ecosystem tokens to fundraise for some development and tried to hide it.
They answered what the transactions were when asked.
>dump
Selling tokens to reinvest into the ecosystem is not dumping. The long term value of the token is what is important so selling the ecosystem tokens is perfectly fine if it means an increase in the long term value.
>Team hasnt solverd a bug yet and we're not in mainnet.
This is a pro. You're supposed to get in early.

>>19027380
>>19027510
>>19027922
ok fine, what's the staking rate (ignoring multipliers)?

>>19028112
It's like 20% for a year without any multipliers. This will change as the price fluctuates and when mainnet 2.0 launches. The staking rewards come from the transactions in the sidechain.

DAILY REMAINDER: WE ARE BULLISH NOW
-Richtard bended the knee and decided to stop dumping
-btc halving going well as expected
-we're entering the next cycle of the market, moon cycle (mini)
-waiting for some big good news from the team :new partnerships,binance listing, mainnet 2.0 release date
with the money they took from the community they can pay for a bigger exchange listing fee or even a fake partnership i don't care

>>19024789
Not necessarily, it could go up or down based on BTC dominance sure, but it's about as close a prediction as you're gonna find given current data lol

>>19030169
Using data based on what the Lition team has given us with number of customers, transactions per day, annual energy bill etc. is significantly better than just using market cap based on BTC. It's interesting but worthless.

I bought this way back and it was dumping ever since until like last month. I bought again last week and it started dumping again.

Th..thanks /biz/

I don't think I've ever made money off an investment. I'm only good at making money from my job, but I will never make it if I rely on that alone.

>>19031025
Long term: >>19027922
Don't just FOMO into whatever /biz/ tells you to invest in. Unironically DYOR.

>>19028331
I would expect number of LITs earned via staking to increase when the token value drops, as transaction fees are pegged to $0.01 USD. But someone in the Telegram said that is not the case? What would make it fluctuate, then?

>>19031365
>I would expect number of LITs earned via staking to increase when the token value drops
Yeah but not at the moment before mainnet 2.0 is live.
>as transaction fees are pegged to $0.01 USD. But someone in the Telegram said that is not the case? What would make it fluctuate, then?
No idea but it in the whitepaper it just said the 1 cent cost could change if they wanted it to.

>https://medium.com/fantomfoundation/fantom-foundation-runway-cbc64962b669

>fantom shitcoin team managed to save 5.4 millions $ which will make them solvent for 2.5 years to come
>lition shitcoin team managed to waste 5 millions $ in one year and without a mainnet release so they decided to sell the ecosystem tokens (aka stakers tokens) to stay solvent for another 1 months
>according to pajeet shills they didn't use money from the energy company to finance lition blockchain development expenses because they are financially independent from each other
>5 millions $ /12month=416,000$ each month of expenses
>as of now they have 1500ether which is approximately 300,000$ and another 300,000$ of lition tokens are waiting to be dumped next month
>which means they have only 1.5 month in their hands before they go insolvent to fix the consensus problem and release a stable mainnet with only one developer (who obviously lack any experience) and start making money
>ethereum with more than 5years development, hundreds of developers and they are still not making any real money from real life businesses
>lition is a layer2 dapp on ethereum blockchain

let that sink in

>>19031487
What bullshit. You have no Idea what so ever about anything regarding Litions internal finances or what the money from that sell off is planned to go to.

Baseless fud.

>>19031774
Won't stop him from constantly repeating though.

>>19031774
>or what the money from that sell off is planned to go to.
you can tell us, we are all ears

>>19032569
The whole point was that none of us know and that you're talking out of your arse.

>>19032603
>none of us know

yes we know why you little monkey
>pajeet shills:yeah mainnet2.0 + binance listing + new partnerships announcements coming soon
>the team knows that there is no good announcement in the near future so they decided to dump most of the ecosystem tokens and hold ether instead of their shitcoin which show how much confidence they have in their own project success
>the team started selling at 5cents just below the 2millions sell wall (half the ico price lmao)
>they didn't need the money to pay for expenses because they are still holding into that 1500ether which shows they are expecting it to raise in value more than their own shitcoin

>inb4 sirgay did the same thing
no he didn't do the same thing:
-sirgay started dumping between 2$ and 4.5$ which was x13 increase in price in one month and also chainlink ico price was 0.11$, and also he sold his own tokens and not the ecosystem tokens
-sirgay dumped maybe 0.5-1% of the max supply tokens

-Richtard started selling at 0.05$ (half the ico price) in the way to 0.1$ and caused the price to crash
-Richtard sold the ecosystem tokens after he burned their own tokens and said they don't need more money to run and to pay the expenses
-Richtard dumped 5% of the max supply tokens in April alone and another 5% is waiting as they said they won't sell anymore in the mid term, mid term means 1week in the scammer dictionary

I was totally scammed
I bought at the May 3 high then the team dumped secretly and ruined me financially
They knew people like me were gonna get fucked
Fuck lit

>>19032927
That's a lot of filling in the blanks you've done there. That's what we're saying. We're not saying that they didn't sell.

>>19032980
You are only ruined financially if you're a dipshit and sold. You also shouldn't have FOMOd in based off of shilling on 4chan.

>>19032980

Don't sell retard, just keep staking and you'll be happy in some months.

This is going upwards, sooner or later.

>>19033110
>We're not saying that they didn't sell
you're also a Pathological lying like Richtard huh? my posts are still in the archive from a week ago when i warned y'all about the team dumping with solid proves but you pajeets kept saying im fuding to buy low and those tokens are coming from bep2 bridge, and now the narative has changed to the team need the money to pay for the operation costs which is another lie and with proves, they still didn't cash out most of the ether

>>19033329

They sold some tokens to get some funds bro, get over it.

You keep repeating the same stuff but ignore they've explained what was going on as soon as they were asked and that they're not some chinese shady-scammy company but a german company backed by real customers.

Anyway, time will tell.

>>19033362
>Anyway, time will tell.
that something we can agree on

>>19033329
Yeah you also called them scammers and Nazis. Sorry for not completely buying everything that you were saying.

>>19019699
Bump

>>19032980
SELL NOW

>>19033500
>Nazis

Wait is that not real? I'm selling.

Maybe their setting up a Uniswap Pool? Need both Eth and Lit for that...

>>19033500
>>19034616
do not fret fren, Richard is a nazi.

200k LIT and I've never been comfier.

>>19034941
Thanks fren.

>>19034966
Based.

>>19034917


Dont think so otherwise they would have told. Right??

Rewards are in.

Also, nearly 500 stakers. We're still so early in this.

>>19032980
i bought at the high at .10 or .11 too and am not too happy about them dumping LIT either. nothing i can do though i'm staking for 1 year. hopefully it goes up. not like i can sell it now anyway.

>>19035597
>tfw in the same boat and could have put 5x as much as I did into ESH at 0.002ETH.

Why must I be like this?

>>19035597
>>19035709
Based retards. The token lockup saved you from losing even more you are overly emotional dumbasses who call themselves "traders". LIT will recover in a matter of days. Screencap this.

>>19034945
320 k reporting in, still have to get a part of idex, stupid 5k per day withdrawel limit

>>19035751
I'm not saying I don't believe in the long term with LIT, but if I had put that money into ESH first, let it pump, doubled my money, I would have had that much more to put into LIT at the end of the day.

>>19035778
Aight. Im just thinking that trading with shitcoins like that is a very very risky thing to do in the first place. Oh well

>>19035805
Mate ESH is a guaranteed pump until the 25th.

anyone got the website with the calculator for staking rewards?

>>19035824
maybe. it stopped the past couple days. plus as soon as the airdrop completes it's going to drop so fast you'll get whiplash and nobody will want to buy it anymore as everyone tries to sell it. so the only logical play is to sell it before the airdrop.

>>19035824
>>19035778
>>19035709

I smell curry desu.

>>19035894
Its still under 14mil marketcap. Once McAfee starts shilling, this will go to 100mil AT LEAST

>>19035969
>hurr muh marketcap
>hurr muh famous shizo shilling soon sirs

It doesnt smell BUT FUCKING REEK OF CURRY, CURRYNIGGER. GTFO.

>>19035894
you know what? I'm not pajeet but I like curry. Indian food is good. So if you smell curry, THAT'S WHY. GO EAT YOUR OWN SHIT FAGGOT PUSSY BOY BOMBOCLAAT

>>19036001
>I'm not pajeet but I like curry
I disagree, you brown-skinned animal.

>>19035969
Shouldnt mcafee be eating his dick?

>>19035864
https://www.litionstaking.com/

Please baker, bake the next litgen thread with pic related

>>19037031
The ethnostate's coin.

we're all gonna make it

>>19032980
>Buys high
>"I'm financially ruined because of /biz/"

The absolute state of nubiz

>yuo must choose
>will you pick philosopher of oracles
>or meathead retard

>>19038230
It's so embarassing watching this retard weep and moan about losing a few hundred dollars. He has posted his losses in multiple threads now.

>>19038401
This guy is unironically indian I think and I might even have his face + some deranged PM's of him to me. Will post the sauce in a couple of hours. Works fucks me like a mothefucker.

FeelsGoodMan

>>19037031
Noted.
There are multiple bakers though.
As for now, please enjoy this old thread with some true german spirit.
>>18950828

>>19038524
damn nigga that's like my whole stack every day.. well done

>>19038524
wtf how much LIT do you have

>>19038566
Wut you have just 11 Litties?

>>19038606
i get around 12 a day with 9k LIT staked for a year, so assuming he has 1 year staked (he might not though) i'm assuming it's around 8 million or so. over 500K in american dollars.

>>19038524
Wait, are you one that took down the wall?

>>19038272
kek
philosopher of oracles that dreams of things that never will be
or
director of energy that makes deals and builds the infrastructure of the future.

Though one.

>>19038711
>>19038694
>>19038626
>>19038606
>>19038566
Americans, "," Denotes the decimal point. This would be 11.655LIT, not 11k LIT.

>>19038566
>>19038606
>>19038711
Look at these retards not figuring out he photoshopped a comma in place of the dot.

>>19038745
Richard is so fucking based.

>>19038626
ye I'm still in the early stage of heading towards making it

>>19019699
Imagine not dumping the top for more LOKI, desu. You're fucking up.

>>19039097
Shut the fuck up, currynigger. You'd prolly sell your own mother for some bitbeancash if that would make you rich (~150$)

>>19039097

>>19038810
the shown rewards are ~11 LIT not ~11k LIT.

>>19039389
No they're not.
The site uses the american denomination for some reason.

>>19039515
the site uses german nomination, believe me, i'm german as lit is. oO its 11 LITs, not 11k LITs.

>>19039515
the site uses german denomination, believe me, i'm german as lit is. oO its 11 LITs, not 11k LITs.

and the 0.3eth wash trading begins

>Lition Pool Staking has seen explosive growth over the past 30 days. We've also upgraded our server to resolve any issues with website downtime.

https://twitter.com/Lition_Block/status/1260205061625577472

>>19040129
and the buy wall just vanished hahahahahahahahahahahahahahahahahahahahhahahahahahahahahaha

>>19040753
no!?

>>19040790
Oh shit its true. 2/3 of the buy order book gone.

>>19040790
>>19040753
>total bids excluding the whale: 100eth
that dump whale is playing now hide and seek , without his buywall the price would be at 0.0002eth , i hope he is not that dumb to buy at this price like how he bought ubt at 0.0015

0x611 if you're here pls stop being stupid for once and put your buy wall at 0.0002, you can thank me later

>>19027334
>19027334
I've got 15k, 11k stakin, (5k @ 6 month, 6k @ 1 month) and i've got a 4k bag

>>19041253
i bought 100 eth worth at 37, pretty good buy imo, allready up 10%

>>19039696
weirdest discussion.
Just look at your balances.
They use a comma for thousands.

>>19042145

On "balances" they use comma's
On "history" (stakeincreased) they use decimals

Are they aka team still dumping

How high can this shit possibly go?

>we will stop dumping in the mid term

2days later:
>https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x6b4431313556312b23f62b339bdf3a692ceebf90

>https://deltabalances.github.io/recent.html#0x6b4431313556312b23f62b339bdf3a692ceebf90

hahahahahahahahahahahahahahahaha

>>19042318
>>19042771

>>19042771
how do you separate the conversion of tokens vs team selling tokens? explain please

https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x6b4431313556312b23f62b339bdf3a692ceebf90

They literally dumped again

>>19043082
Check where the tokens came from. They came directly from the team wallet, the "Token bridge". Sunday they admitted that they sneaked tokens into the token bridge to dump them. Millions of tokens, 3% of the supply.

>>19043109
which address is the token bridge?

>>19043144
https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x014f808b7d4b6f58be5fef88002d5028cd0ed14b

>>19043160
so how do you know its not someone else who sold them since they were moved to another wallet before sale? since this is the conversion wallet right?

LOWAHSSER IS DUMPING AGAIN
ABSOLUTE MADMAN, HE REALLY DID IT AGAIN

about the one guy sperging out over that some team members might or might not sold tokens: the point of the token funding model is to put money in a pool to fund the growth of the company, which because of that grows gets more money and through your hold of the tokens you get more. Using some of it to grow the company is a good thing, if anything better than caring about meme x1000 moonboy tokenomics. Retards who fail to look past charts don't realize how value an actually functioning real world business operating right now is long term. It's seriously your loss if you fud out because of this shit

>>19043082

they just send and sold the same amount they sent in the past to the other wallets and they still didn't cash out the ether, like the other wallets
>https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x6b4431313556312b23f62b339bdf3a692ceebf90

>suddenly there is 500,000lit token transfer in the last 24h from binance chain after 90days without any transfer exceeding 60,000lit
>they didn't send the tokens to the same bridge wallet address

lmao does Richtard really think we're this dumb??? no wonder after he saw so many pajeet shillers defending him for free

>>19043210
Check the other transactions out of that wallet, they did it that way literally every time.

>>19043366
So there isnt a transfer from binance chain explaining that 67k lit?

>>19042771
>https://explorer.binance.org/address/bnb1x2yjvg4wjq9863avh92h8f5z3zmdduz4802ruh
>https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x0107bc149634fc5f80b85abc5cddac1b5d9a5e7b


>bnb wallet got 350,000 and sent 5,000 and 62,091
>eth wallet got 350,000 but didn't send 5,000 and 62,091
>the team wallet is the one who sent the 5,000 and 62,091 in the exact same time
there is only 2 options here: someone is double spending or the team is at it again and tried to hide it by transferring the same amount at the same time from binance chain but failed miserably
this team are the dumbest people i ever saw in crypto history of scammers
atleast you have a chance to get out before the big crash thanks to that dumb whale trying to buy back some of his stack

FUCK I NEED SOME HELP WITH MY HANDS BIZ THEYRE SO WEAK

>>19043329
>imagine still believing this shit when you see them selling at half ico price
the only team who dump all his tokens below ico price are the scammers who are preparing for an exit scam

>>19043649
so it wasnt the team but a transfer from binance

>>19043602
>>19043649

>>19043366
>no wonder after he saw so many pajeet shillers defending him for free
True, he has a personal army (3-4 jeets actually, they're just loud and online 24/7) working for free

>>19043820
uh can you explain why they sent those tokens to a new wallet instead of the bep2 bridge wallet??? it doesn't work like that body, that wallet is a new created wallet which means it not the bridge wallet , do you even know what a bridge wallet and why you need to send your tokens to it before you get any tokens from the ERC-20 bridge wallet??? this is called double spending but in reality is that the team is just dumb and tried to hide the fact that they are still dumbing on your face after only 2days of them confessing and saying they will stop "for now"
isn't weird to you that there was no huge amount of transfer in the last 90day in binance chain even when the price mooned from 2c to 12c , no whale decided to convert his tokens to sell high when the binance dex has only 200$ volume/24h
ok im wasting my time with dumb people, believe what you want

>>19043851
>>19043649

https://explorer.binance.org/tx/8B24D3683F08F95AAAB15DD9DDA71658AC8223B50D245C14817310E53C9BBA2F

https://explorer.binance.org/tx/490F8B72CAD5E67A2B5A0D05FBA085564B2A7445377D83890FA1D60022E30F94

>>19044042
So much autism lmfao

None of this matters anon, even if they're dumping it's only like 3% of the supply. You're being schizo for nothing.

I wonder if they will find better ways to hide the dumps, but actually the ecosystem pool will soon run out of tokens (and staking rewards will be much lower)

>>19044075
so this new created wallet is the bridge wallet that should have hundreds of transactions by this time huh
>https://explorer.binance.org/address/bnb19jy39sn7zz29ftnpmxksvr96jsn7hg2wep0rut

and magically and coincidentally the binance chain is alive after 90days of deep sleep

I love how they are fully convinced their token holders are mostly monkeys from the Indian subcontinent

>>19044212
You sure you even understand what youre talking about lmao

>>19044273
BUT SIRS CANNOT YOU DO THE SEEINGS? THEY DO MAKE THE SELLINGS TO PAY FOR THEIR CHICKEN TIKKA MASALA! IT IS HORRIBLE! NOW MY KID RAHUL IS DENIED THE EATINGS AAAAAAAAAAAAA

>>19044150
>>19044212
>>19044273
>>19044042
>>19044029
>>19043851
>>19043745
>>19043649
>>19043311
>>19043366
Yawn.

>>19044328
He thinks he's cracked some big conspiracy but realistically he's just a schizo.

Also, even if he's right, it doesn't matter... Teams liquidating is a very normal and common thing, especially when things are safer (right after massive price gains). If anything it's more bullish for us, because it gets those tokens back in circulation.

Remember brothers, the next bull run is coming. This project is going to SKYROCKET once the halving's effects start being felt throughout crypto

>>19044441
I mean he was right about team selling token from the bridge wallet, but i dont think he is right this time. this actually looks like transfer from binance

>>19044441
he's just a FUDer actually.

fyi newfags, back when lition didn't have a general etc. he used the exact same kind of FUD to buy under a sell wall.
then when the sell wall got bought and there was a big pump he slipped up (in his euphoria probably) and admitted he was FUDing to buy more, in the very same thread.

this is the thread
>>/biz/thread/S18690160#p18692877

be careful on this site, frens.

>>19044441
>>19044530
here he admits it in a reply to himself

>>/biz/thread/S18690160#p18693407

>>19044561
>>19044530
lmfao

>>19044530
>>19044561
What a retard.

Friendly reminder that this is how your average LIT fudder looks like HAHAHAHHAHAHA

>>19038524
Just like everyone else I thought this was 11k kek. Having a comma as a decimal point has to be the most dumb thing that Europeans have ever done.

>>19044328
do you??? we know the ERC-20 token bridge can you show us the the BEP2 token bridge??? why did they send 67,000 to a new wallet instead of the bep2 bridge wallet???

>>19044370
>>19044402
>>19044441
>>19044528
>>19044530
>>19044561
Richtard sent his pajeet team
>he is jowdy the ruskie
>no he is someone who got banned for fud
>no he is a whale who got burned in the past
>me literally using my telegram name
can you pajeets atleast agree on a narative in your telegram before you come here to scam others, this is pathetic

Is it worth dropping $25 on lition?

>>19044914
its worth to dump all your money, its going to be bigger than bitcoin

lol i didnt see any of these litgen threads for days after i bought in, literally thought i had been got by some level 9000 bog plays

>he bought?
>dump eet

>>19044899
Try your luck again in the unofficial trading channel and get BTFO again hahaha. Even the admin is tired of your shit, Markus.
Jowdy prolly hanged himself already since he sold with a 90% loss so who cares about that vodkanigger anymore lol?

>>19024429
I got more this morning.

>>19044993
if i had a nickle........

>>19045793
As a rational person, obviously don't throw everything you have into this. That being said, if we bank on LIT being incentivized by Lition Energy the worth of LIT scales to the % of Lition Energy consumers that pay with LIT, as I explained here >>19021485. It has some serious potential for the reason. Lition Energy is just an example of how LIT's worth can grow, though. I threw in ~1500USD and I probably won't sell anything for at least a year or two.

>>19046023
>>19046023
>obviously don't throw everything you have into this
this
only invest what you can afford to lose, i put in £500

>>19045041
haha, owned.

>>19046023
>>19046239
If you can't tell how truly valuable this then you would put more into this.

>Don't invest more than you can afford to lose
No. It should be "don't invest more than you can afford to hold". If you end up being strapped for cash and need to sell at a loss then this is bad. "Not investing more than you can afford to lose" and just putting in a few hundred (I assume you do have the cash to put in more) will mean that you will not make it. You sound like the types who would sell this at $2 and a few years later become furious with yourself when it reaches $50.

so, for the fuders around here with a attention span of a gold fish, the allegedly new dump was just a normal use of the token bridge.

here are the tx on binance:
https://explorer.binance.org/tx/8B24D3683F08F95AAAB15DD9DDA71658AC8223B50D245C14817310E53C9BBA2F
https://explorer.binance.org/tx/490F8B72CAD5E67A2B5A0D05FBA085564B2A7445377D83890FA1D60022E30F94

.. and trhis the ones on eth:
https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x6b4431313556312b23f62b339bdf3a692ceebf90
https://deltabalances.github.io/recent.html#0x6b4431313556312b23f62b339bdf3a692ceebf90
https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x014f808b7d4b6f58be5fef88002d5028cd0ed14b

fudster are so desperate.... they need a therapy.

>>19044767
well he did make 5k lit on a flip, so it's not that retarded imo.
Also how do you know it's the same guy?

>>19046239
I put in 25k$

I make 30€k a year...

Go figure...

>>19046927
Have you staked it for a year?
If so.
You will make it my brother.

>>19046576
>>19046927
im still in school so £500 in LIT and then like £1000 in the bank, i had a part time job but the chinks stole that for the time being so i think i put in as much as is sensible

id rather take a risk on LIT cause i have faith, plus i dont want more money in the bank so schlomo shekelstein can make shit tons while cutting my interest

Is 75k enough to make it?

>>19047145
Fair enough. I just don't want people to miss out on an opportunity. I think people can be too conservative for their own good.

>>19047157
Of course. If you hold for long enough.

>>19046927
Best decision of your life

so, for the pajeet shillers and scammers around here with a attention span of a gold fish, the new dump was from the team and they tried to hide it with a fake transfer in binance chain
as you can clearly see in ethereum blockchain they sent the tokens from the bridge address to a random wallet and instantly dumped the tokens in idex, but in the binance side they didn't do the reverse (sending from a random wallet to the bridge wallet) they sent the tokens from a random wallet who just got 350,000lit to a new created wallet which means it not even the bridge address
this team is really the dumbest developers in the whole planet

>https://explorer.binance.org/address/bnb1x2yjvg4wjq9863avh92h8f5z3zmdduz4802ruh
>https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x0107bc149634fc5f80b85abc5cddac1b5d9a5e7b


>bnb wallet got 350,000 and sent 5,000 and 62,091
>eth wallet got 350,000 but didn't send 5,000 and 62,091
>the team wallet is the one who sent the 5,000 and 62,091 in the exact same time and amount

>>19047229
ive got 5571 LIT staked for a year compounding even tho its probably not enough to properly make it i should see a nice return in a few years

>>19047145
At what price did you buy in? I got $1.5k for buying lit and waiting for an entry

>>19047540
why do you care so much? going to a literally autistic extent for no reason

>>19047573
i bout in at just under $0.09, i shouldve waited in hindsight but when it moons i wont be crying over pennies

>>19044776

>>19047540
Damn nigga I'm usually on /v/ but even by what I'm used to you are one sad, sad autist

>>19047574
why do i care? so now instead of explaining why they didn't send the tokens to the bep2 bridge and send it to a new created wallet you asking why i care, i care because this is the hundred time i see some piece of shit scammers trying to rob people money, i still have some humanity on me not like you subhumans monkeys who don't care if it will make you money

>>19044776
the word is spreading kek

>>19047778
i dont understand what the means and nor do i care honestly, call me a pajeet scammer all you want but thats just cope, youve ben sperging in every litgen thread ive seen, please get a hobby

>>19047876
This is their hobby. I check in here every few days and he's always here with the same comments.

>>19047926
literally, sad existence some people have
and the funny part is that they think we are the retarded ones

>>19047778
So show me a proper transfer.

>>19047145
>>19047603

Hey mate, fellow Bong here. Just wanted to chime in. I've been lurking these threads for about two weeks, before there was even a "LITGEN", mostly observing, saving archived threads and screenshotting key info.

I bought in twice, once when it was 6p and a second time when it was 8p after it dipped back down from 10. So technically you could say i bought too early too, but when is that ever not the case? They released an AD and i took the gamble. Anyway, the way i see it it's about accumulation, for me at least, because i'm staking 95% of it. I'd rather buy in too early than too late and miss the boat completely like others opportunities that have come to pass.

You had a modest amount to invest, but you did it, and staking allows you to accumilate more for sitting on your arse, so it was the correct decision. I myself don't have a grandiose amount in the bank either, but i'm not worried

The fact you're still in school and seeking out opportunities puts you ahead of 99.9% of your peers. And honestly from what i gather there isn't a more promising crypto project out there right now. For short gains perhaps there is, but for people like you and me where losing cash on trading would be a right kick in the balls this is a solid long term comfy hold.

This FUD is quite recent, and clearly organised. The threads before this past weekend were far more insightful in terms of the future of this project. Ironically i have no problem with them keeping the price down, so i won't go into details about the true potential of LIT (and probably why others are keeping quiet too). But it exceeds energy exchange. Here's a clue: Think GDPR Blockchain and it's potential within the EU (and still the UK post Brexit)

Ignore the smell of curry that lingures around here for now. You'll be smelling cash soon enough. Take it easy mate.

>>19048176
>So show me a proper transfer.
i showed you the proper transfer """"from""" ERC20 bridge, now you need to show the proper transfer """to""" BEP2 bridge
you think anyone can just get lition ERC20 tokens without exchanging them with BEP2 tokens???? this is called double spending you monkey brain
i exposed them and showed everyone that the team is dumping on them but people were just too retarded to figure that out until the team admitted to that
now and for the second time they lied given you proves that they didn't send shit to the bep2 bridge wallet, so it on you to post the bep2 address and why the team didn't send the tokens there and sent them to a new created wallet

a team this stupid you think they can fix the IBFT Consensus when no one managed to do it ???? a team who didn't take in consideration the delay over the internet between nodes????
they don't have much time left before they run out of free money and declare insolvency


>oh how can a team with a legit company and good connections and relations with the german government and endorsed by sap turn to be a SCAM
>remember modum?
>they have so much in common
go read replies
>>https://twitter.com/modum_io/status/1230445888780341255

>>19048528
cheers man this really made me smile
ive been doing much of the same, was lurking biz looking for something good to get into and had been watching the lition threads way before litgen just like you. GDPR is huge, i dont even fully understand but i know that it impacts basically everything

alot of anons talk about mindset being the main thing to make it and i hope that i have it, but like you said my peers at school dont look into anything other than get rich quick scams like pi (look into it for some good keks at how retarded normies are for buying into it)

i know that my amount of LIT wont make me rich but id be happy with a good return and its honestly so fucking comfy, i dont even care about buying in too early cause the price could have just as easily spiked again so i have peace of mind knowing my investment is safe and ticking in money for me doing fuck all

>>19048687
no one cares, get off the computer, your vindaloo is burning in the pot and mama G will be upset if you ruin your monthly meal again

>>19048712
>>19048528
Wholesome. We're going to make it together lads.

>>19048712
>>19048920
We will make it bongs.

>>19048920
>>19048528
all bong bros will make it, the sun never sets lads

>>19049075
>>19049125

>>19048687
>waited hours and no one pointed the fact that the tokens come from the team wallet
everyone saw the team manager pointing to a tx from binance dex as its a prove the team is not the one dumping but guess what? those tokens come from a big wallet with 13millions lit, so this is not a case were someone is sending them bep2 tokens to get erc20 tokens , it was just a fake transfer to fool the community , this is really dumb, stupid and retarded
>https://explorer.binance.org/address/bnb1ywlwj4em9f2wg7u5rmaklt5372crl8ysv4x73t

so instead of doing this:
>person1 send 67092 from bep2 wallet1 to the team wallet (bridge wallet)
>person1 recieve 67092 from erc20 team wallet (bridge wallet) to his erc20 wallet1

they did this:
>team wallet send 350,000 to new created wallet1
>wallet1 send 67092 to a new created wallet2
lmao how stupid you can be, im sure the next time they will do it properly because they are learning from me how to deceive and scam people the right way like how suddenly the binance chain started sending large amount of tokens after 90days of inactivity and 200$ of trading volume

>>19048920
I'm in a similar position. Student, have a little saved up, and decided to go in on LIT. We are indeed going to make it. As I've mentioned many time in this thread now, the scalability of LIT is immense. I wouldn't be surprised if we see it all over the EU in a few years.

>>19044441
OHHH THIS IS THE ANON WITH DELUSIONS OF GRADEUR FROM YESTERDAY

>>19049204
i hope so bro, even if not its good that we are looking into things like this

i feel very comfy atm

>>19049312
not just yesterday. every. single. lition. thread.

>>19049382
We'll eat bratwurst together in Germany when 1 LIT = 5k USD

>>19049416
bist du von das vaterland, men freund?

How does the 5% fee on staking work exactly? There's nothing in the FAQ.

>>19049442
No, I'm from Canada. I'm good friends with a bunch of Germans and I've spent time there though. It's a nice country. I love Bavaria.

>>19049804
based retard, it means that 5% is subtracted from your daily rewards.

>>19049835
same man, i learn it in school and am taking it for a level, koln is great aswell

when 1 lit is worth 1 billion we need to have our LITGEN meeting in munich

>>19049868
how about neurenberg, eh?

what will you buys like to buy if LIT moons and you make it?

id love a bmw e30 m3 but id be suprised if i make enough to get one, id be happy with some nice new parts for me pc even though i dont need them

What are the staking rates? Do you guys lock up for 12 months or do you think it's too risky?

>>19049904
i like your thinking

>>19049941
>What are the staking rates?
30-50% depending on the multiplier, as long as the genesis phase goes on. I'm on 12 months contracts, I am just holding and I can't see selling this before 4-5 years

>>19049941
12 months compounding or GTFO
repeat until genesis phase ends

>>19050002
>repeat until genesis phase ends
which is when exactly?

>>19050002
>12 months compounding or GTFO
>repeat until genesis phase ends
this

>>19050013
2 years, read the whitepaper

>>19050013
you mentioned the FAQ, it's there

>>19049941
Obviously we lock it up for 12 months. We're here for the long haul. Rates are good at the moment.

>>19049911
I'll buy another crypto.

>>19050111
Same. Honestly also one of the few blockchain related projects I truly believe in.

>2ID pajeeting each other
no one with smart money will buy your worthless shitcoin

DAILY REMAINDER: THE TEAM DUMPED MILLIONS OF ECOSYSTEM TOKENS AT LESS THAN ICO PRICE FROM THIS ADDRESS IN IDEX
>https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x014f808b7d4b6f58be5fef88002d5028cd0ed14b

>https://imgur.com/a/rWVGexU


>>18897550
>>18897611
>>18900922
>>18901472
>>18901612
>>18919921
>>18920783
>>18924650
>>18926842
>>18927888
>>18929368
>>18936794
>>18937734
>>18945086
>>18945977
>>18946317
>>18947001
>>18947046
>>18947251
>>18963583
>>18965377
>>18966392
>>18971261
>>18971475
>>18971560
>>18972298
>>18972598
>>18974860
>>18976847
>>18976885
>>18981268
>>18990463
>>18990893
>>18990959
>>18991204
>>19008874
>>19008883
>>19009588
>>19009843
>>19010289
>>19010410
>>19014296
>>19016131
>https://medium.com/fantomfoundation/fantom-foundation-runway-cbc64962b669

>fantom shitcoin team managed to save 5.4 millions $ which will make them solvent for 2.5 years to come
>lition shitcoin team managed to waste 5 millions $ in one year and without a mainnet release so they decided to sell the ecosystem tokens (aka stakers tokens) to stay solvent for another 1 months
>according to pajeet shills they didn't use money from the energy company to finance lition blockchain development expenses because they are financially independent from each other
>5 millions $ /12month=416,000$ each month of expenses
>as of now they have 1500ether which is approximately 300,000$ and another 300,000$ of lition tokens are waiting to be dumped next month
>which means they have only 1.5 month in their hands before they go insolvent to fix the consensus problem and release a stable mainnet with only one developer (who obviously lack any experience) and start making money
>ethereum with more than 5years development, hundreds of developers and they are still not making any real money from real life businesses
>lition is a layer2 dapp on ethereum blockchain

let that sink in

>>19050892
>>19050910
>smart money
>let that sink in
Man you sound super smart.

>>19050910
You seem frustrated. Take some time off. No one here cares about fantom. Stop your vain shilling.

>>19050910
Yes ranjeesh thank you for the tip.
>.2 Lit Depositied

>>19050910
tank you rajpreet, bery tru! praise lord pissnu!

>>19051079
>>19051217
>>19051249
>>19051305
>shittion will make rich very very, we buy many cows , buy now or you ragret later, many many moons away, Richtard make us very wealthy
OK rankeesh gang

this is the same shit i’ve seen with fantom, fantom tanked hard though...

>>19051718
You can't possibly be serious when comparing Lition with fantom.

Pic related

>>19051773
Talking about the fudd,

I’m invested

>>19051796