/biz/ - Business & Finance

>>21096929
Important!
Get coinmarketcap to list Lition as a DeFi project!
The DeFi project list is the shortest project list on cmc and Lition should be on it!
Go to https://support.coinmarketcap.com/hc/en-us/requests/new
Select 7 or 13 (not sure) and input following info:

Project CMC URL:
https://coinmarketcap.com/currencies/lition/

Describe what you'd like:
I would like Lition to be added to the list of DeFi projects.
https://coinmarketcap.com/defi/

Proof:
Main application on Lition is decentralized Energy:
https://cointelegraph.com/news/decentralized-energy-is-key-to-a-defi-future

Secondary application is a syndicate loan dApp:
https://medium.com/lition-blog/introducing-the-mvp-of-our-syndicate-loan-dapp-2e50ebb59b1b

>>21096929
LIT is the only thing getting Gretas pussy wet

Isn't it funny

When I came here 17 weeks ago and said I wanted to lead a campaign to help Biz invest in the future blockchain of the Europeans Union, you all laughed at me

Well I have to say, you're not laughing now are you?

>>21097276
Take a chillpill, Nigel.

>>21097276
High quality Nigelposting

LIT is still deep below the surface. The ico price was ETH 0.00072 and the current price is around ~0.00030 today. Chainlink has a 10x larger total supply than the final LIT amount, and they started at ETH 0.00038.

>>21097846
Off course it is, it's ridiculous even.

>>21098230
LIT total supply: 100 million (long term)
Link total supply: 1000 million

$100 LIT = 10 billion mcap
$10 Link = 10 billion mcap

LIT = Real successful Business
Link = Speculation

>>21098634
Ssssshhh...delete!

>>21099024
Man has a point.

>>21098634
You forget that LIT already has 60% of the total supply circulating, keeping the price down by releasing more and more while LINK only dared to release 33 million of their 650 million bags in order to not perturb their fragile bull market too much.

>>21097276
Based non-burger friendly jokes

Based CHAD LITGEN EDITION

>>21100204
Bumping for the best coin on /biz/

Why does /biz/ let litgens die? Every thread on here is about making it yet they ignore the only genuine make it thread. Ironic.

>>21101075
Because the whole point of biz is shitposting while giving bad advices

>>21101075
Because I dont want to have bizlet weak hands in on my coin

>>21101075
maybe /biz/ will join the club when we have a mainnet that isn't crashing.

>>21101379
Think this is the answer. Pajeets can't pump and dump a legit project. Also confirms 99% of biz threads are scams.
>>21101538
Cope

>>21101075
All the big brains are already in Lition and dont know what else to talk about.
I think normalfags should start piling in because /biz/ has bought as much as it can/is comfortable with.

OBLIGATORY POST
DAILY REMINDER:
[X] Mainnet Go-Live soon (Q3 2020),
[X] GDPR-compliant
[X] Energy Use Case backed by their own company, having a working business model with millions of revenue
[X] Developing Business Side in parallel with Blockchain Side
[X] Top business angels and advisors on board
[X] SAP partnership
[X] joined EEA EMINENT Task Force
[X] Huge, legit Staking Revenues since several months
[X] Listed on Uniswap, IDEX (and some shit exchanges) which means you're still early
[X] ranked as the #1 green energy startup in Germany
[X] attracts high-effort FUD in an attempt to keep it down
[X] cup and handle price pattern
[X] accumulation signs, whales were accumulating the past few months
[X] we're entering the next lit bull cycle, history always repeat itself

my golden rule is:
[X] BUY THE RUMOR SELL THE NEWS
[X] BUY THE RUMOR SELL THE NEWS
[X] BUY THE RUMOR SELL THE NEWS
mainnet release will make the price skyrocket like elrond or more
you have only few days before the price goes parabolic, buy now and sell the day of mainnet release

>>21102528
this is what happen when the team stops dumping their bags
we all gonna make it frens, next stop? 20c eom
eo Q3? 40-50c at the least

>>21102239
I think we've probably helped a few newbies see the light and join the make it club in the last few weeks of litgens. Hard to know though, maybe the rest of /biz/ truly is retarded.

>>21102717
What are some other shitcoins litgen recommends a newfag to buy? I'm going to buy a bag of RSR, XLM and STA are these worth it? Thank you litgen.

>>21102717
Great pic.

>>21102773

I quite literally only hold LIT & RSR

>>21102922
Same kek

Friendly reminder that Lition is a racist coin and that all lition holders are racists that believe in strong ethni-states and a storng nuclear family.

>>21102773
All in on LIT
Don't believe in diversification, its not safer. Back a coin you believe in rather than diluting and failing on most of the shit you buy

>>21103278
Thread theme
https://www.youtube.com/watch?v=XbQrGaTm02Y

>>21103414

Based and Erikapilled.

>>21103278

It's time to clean Europe of it's pollution

>>21103278
>pic related

>>21102717
I was wrong, just scrolled to a blockfolio thread.
Only 2 out of 50 folios had Lit.
/biz/ is pretty huge. We have many more lower IQ anons to inform.
>>21091273

>>21103650
the lit swastika is hilarious

>>21102585
There's not much dumping left to do.
I find it a bit of confusing but the main wallet only has 35 million lits and 19,5 million lits still need to be burned. Next to that they also have a certain stack (unknown how much) that they'll just never sell but instead will stake.
I think the big dumping campaigns are (almost) over.

>>21103513
kek

>>21103809
They don't read litgens not sure why
>>21089374
Thread earlier about Lit but not a litgen got a lot of newfag interest

Why burgers and pajeets ignore Lition? Most of the interest is from Europe.

>>21104030
Good point I think we self contained ourselves.
A general is just to discuss a coin in depth.
A more random thread is more blitzy, latest news, hype shit to activate the dopamine receptors of the zoomers.

>>21104505
Burgers have trouble buying on IDEX and can't read/understand a whitepaper properly nor do they realize the potential of European market. Pajeets are only there to shill PnD garbage. Both have no idea of the significance of GDPR.

Love you guys

>>21096929
Lition literally pumping while all other coins get sharted on.

>>21104869
This is true. Litgens only exist during active European hours. Burgers missing out but they need to learn to read first. Huge untapped market.

>>21105345

>>21105345
Dumps are the best times for whales to move into low cap coins

>>21105124
You too my fellow littionaire

>>21103278
Yes.

>>21105802
This is a Lohwasser non-approved apu.
I expected better, anon.

>>21105963
catch these mitts fren

>>21105994
>catch these mitts fren
Think there's a lit eyes version but ive not got it right now

>>21103278
We must secure the existence of our people and a future for white children.

>>21105690
Burger with 25k checking in.
Looking forward to 50k

>>21106247
Based burger, you're ahead of your peers

>>21106308
I work in tech/security and understand the value of GPDR compliance.
That was the first hint that got me digging deeper.
Most valuable research Ive done in a while.

>>21106247
Are you staking or DCAing in?
Because staking has good returns but for a doubling you'll have to wait a while.

>>21102528
>buy now and sell the day of mainnet release
Definitely do not sell the day of mainnet release. You will miss out if you do.

>>21102788
Thanks fren

>>21107134
Imagine the absolute state of those who will do that. Making a few hundreds quick bucks while they could hold and make tens of thousands in a few years. It's like selling btc at 20 or link at 0.50. If they want to sell so be it, they don't deserve to make it.

>>21107134
You should unironically HODL till this is $1000.
It might take a 2 crypto cycles but this is legitimately a contender to become the most used second layer on Ethereum.
As such it will become a top 10 token easily.
If it did so today, the Mcap would be around 1 billion dollars.
But if it does so by the time Ethereum trades at around 10,000, the Mcap could get as high as 100 Billion.
Yeah you can try to swing this but you'll likely fail.
Just hold, spread awareness and memes.

>>21106999
Im DCAing in, trying to grab the dips. Figure Ill stake once I reach 50k.

Feels good got 60k litties staked

>>21108049
Unless you're aiming specifically for a trust node you should stake asap and add new stakes every 5k you buy. You're just missing out rewards.

>>21108049
You can already stake your 25k now and then open a second stake with your second 25k.
There's no advantage of having a 50k stake vs 2 25k stakes.
By the time you'll have amassed your second 25k stack you're first will already have 26 or 27 k though.

>>21107619
It does seem absolutely ridiculous to suggest it will go that high but I really don't think people realise just what we have here.

>>21108220
Good advice. Looking into it now.

Someone in another thread suggested that you can open a trust node whilst already being in a staking contract? When asked for a source I wasn't give one. Anyone heard anything about this?

>>21108322
Nice pic. Saved.

>>21108417
I can confirm that to you

>>21108417
Q. What if I'm selected to operate a node but my tokens are currently locked in LPS?
A. We appreciate you supporting the network while waiting for nodes to become available. If selected before your lockup period has expired, a solution will be provided to allow for the migration of tokens from LPS to a node.

>>21108417
source is the google form to apply for a node

it says they will find a way to release your tokens from LPS if you get accepted for a trust node

>>21108322
Kek, saved.
Yeah I know it does seem ridiculous.
I would be ridiculously wealthy if that indeed happens, but I'm fine with that.
Well, crypto is still young. Top 10 coins are stabilizing a little bit but arent set in stone by a long shot. The token ecosphere is even younger and the top 10 is likely to fluctuate as much as the top 10 coins did 4 year ago. Meaning more than half will change.
Well name 6 tokens that have more potential than Lition to become top 10 but arent already.
Exactly.

>>21108537
>>21108549
>>21108556

That's pretty based, thanks guys.

Would be kind of Richard to prioritise early stalkers for trust node positions even if they have to wait till next year

>>21108521
>>21108574
Thanks. Updated version.

>>21108721
It's /LITGEN/ though...

>>21108828
I still make exclusively /lg/s

>>21108951
>I still make exclusively /lg/s
Because you're a sad little litlet with weak little hands?

>>21108828
>>21109299

>>21109549
Based and this is why I only make /lg/s

>>21109549
Fuck you

>>21109549
Hahahahha this is great, lition’s own internal civil war. Long live /lg/

top kek

>>21109934
>>21109549
>>21109656
This is what makes me doubt the most about this coin. That I have to share the gains with some niggerloving /lg/ basedboys.
Really disturbing.

I'm gonna come here in defense of /LITGEN/ and say that while the baker is autistic as hell, he makes great memes. Most of the lit memes you'll see were made by the guy. Respect.

>>21108220
Exactly what I did. Can't be bothered with a node, but my 60k were staked in multiple batches as I bought them every few days. And I'm earning 90% of what I would with a node. And I didn't waste months of earning by waiting for a node. I PREFER my litties locked for extended periods so I won't panic sell when sentiment turns bearish.

>>21107619
This is what I tell anyone who will listen. Maybe not this bull run, but by the next. LITION is headed for $100bn at full dilution. $1000 minimum. Then everyone will remember when they could have gotten 10k for just $500 a few years ago.

>>21110745
Same. I made several smaller stakes which overall already earned me 5k in less than 3 months. The biggest advantage of a trust node is not the x0.2 bonus rewards compared to the 12 months LPs lock: it is to be able to unstake whenever you want to sell. But we're still so early in this, why would you even sell in the next 12 months? Unless you can buy 50k lit at once and are willing to run a node by yourself, LPS is by far the best choice for now.

Had no idea that several smaller stakes would return more LIT than one sump sum. I Staked 35k in a 12 month compound so could have had 6 different stakes instead returning me more? Feels a bit silly now.. No one made me aware of this back in the day

>>21110504
Blasphemy, we ethnostate over here
>>21110633
Yes I agree, im the founder of the first /lg/, the virgin vs chad meme was made for me and I admit I laughed pretty hard.
We are all going to make it

>>21111393
I appreciate both fractions of the lition generals

>>21111362
One 15k stake vs x3 5k stakes will give you the exact same returns. I think the point others are making is you can progressively make smaller stakes as you accumulate.

>>21111170
Why would you sell period when you could instead just live on staking rewards?

>>21096929
Two months ago,I staked my lit in the pool with 6 months lookup period. Can someone tell me why my pending rewards and my accredited rewards are still 0?

>>21111622

Ok, thanks. I was confused because the maths I was aware of didn't make sense

Last couple of threads are making me want a trust node, not far off being qualified for one. Can see a similar fomo similar to the likes we've seen with AMPL and XSN once biz realise you can actually make a passive income

>>21110633
Thank you, anon. Such kind words.

>>21111393
You're a worthy opponent. Much respect.

>>21111362
No. It's the same, except if you run a node which requires 50k then you make more. This is why we're telling anon to already start staking instead of waiting till he reached his target of 50k.

>>21110991
It's really amazing. Isn't it? It's so ridiculous but on the other hand it's so logical. Yet if you venture out of this thread into the rest of /biz/, they'll shoo you away as if we're a dirty pajeet shilling the next bitconnect. Such disrespect. All we want to do is spread the gospel of truth.

>>21111622
Exactly.


>>21111654
True but I can understand those who would like to cash out a good amount and go on making other investments they believe could earn them even more. Some people just don't want to live with a passive income, there's some thrill in taking risks and "making it".

>>21111844
If you chose to compound, the earn rewards are added to your ongoing stake.

The main net fud allowed me to accumulate 200k. Hilarious how undervalued this is.

>>21110633
>Most of the lit memes you'll see were made by the guy.
I did not make LITGEN.

Sucks

>>21111980
Exactly. The consensus issue was a blessing in disguise.

>>21111980
>The main net fud allowed me to accumulate 200k. Hilarious how undervalued this is.
Yes it was so easy to accumulate.

>>21112037
No I did, many moons ago.
Yeah most memes is an overstatement and I did not make many the past weeks.
I like yours very much good sir.

>>21112347

>>21112286
/LITGEN/ is usually all caps my fren.
But it's ok..., at /litgen/ we dont adhere to /biz/ title standardisation.

>>21112413
>mikefrommoon's arch nemesis
kek
>>21112504
>at /litgen/ we dont adhere to /biz/ title standardisation.
sehr gut

Node: 5000-LIT minimum, rewards × 1
LPS : 5000-LIT minimum, rewards based on lockup length:
•1 month = rewards × 1.2
•3 months = rewards × 1.4
•6 months = rewards × 1.6
•12 months = rewards × 1.8
Trust node: 50,000-LIT minimum, rewards × 2

Nodes are either regular 5k-49.999k with base rewards or Trust Nodes with 50k+ and 2× multiplier.

LPS let's you trade lockup times for multipliers 1.2, 1.4, 1.6, and 1.8. With nodes, you can stop whenever you want, and get double rewards over the 50k threshold.

Is it true you're not locked into a trust node like you are the staking pool?

>>21112764
>Is it true you're not locked into a trust node like you are the staking pool?
Normally you're not locked more than a week. The very first trust nodes open to the community, though, might need to be locked for a longer time (there is a disclaimer in the registration form).

>>21112764
It literally says it in the post above.

>>21112622
>let's
Lets

>>21112890

Thanks fren

>>21112903

Kek yeah I realised after posting

>>21112903
In fairness, I'm sure there is a minimum required time to keep running the node once you commit, as the above anon pointed out, and which may needs be longer for the initial nodes.

Circulating supply of Lition: 60m
Trust node requirement: 50k

Therefore there can only be AT MOST 1200 trust node chads. However I hold more than 200k and We had a few whales here with way more so really we are looking at at most 800 trust node chads. Thousands of people visit biz everyday, get your stack before you get priced out.

We have 3-4 anons claiming to have 500k LIT, at least 2 millionaires. Larpers?

>>21113103
>Larpers?

yes

>>21113048
Circulating supply is currently 68 million. But you are ignoring the fact that a large portion of the tokens are held by the team and advisors. You will also need tokens for utility purposes (because that's kind of the point). Also, they did say that they will limit the number of trust nodes in the future. It's probably going to be closer to maximum 100 trust nodes.

>>21113103
500k LIT was 25k usd a month ago, hel at the bottom you could’ve bought 500k for less than 10k usd. In a few years having 500k will sound insane and their wallets will be tracked by turboaustists, that is if their hands are strong enough, of course

>>21113048
There will be 100 million.
So as much as Ethereum now.
In Ethereum there are only 300 accounts with 50k+.
Many of those are exchanges and probably some people with two accounts or more.
So probably less than 200 individuals with access to 50k+ Ethereum.
I expect for Lition this will be the same.

>>21112413
lmao guys we are frens now

>>21113103
I wouldnt divulge if I were them but it's possible.
There are always some that acquire 1% of a coin and with Lition you can expect them to browse /biz/.

>>21113351
>1%-supply collectors here
Truth.
>>21113261
>300 ETH wallets over 50k, same with LIT
This is the closest I get to a sexual fantasy, anymore.

>>21113350
I know lol.

>>21113261
> mfw I am the 1%

bump for the burgers

>>21114423
Burgers are buying 10$ link, let it die eurobro, fuck them