/biz/ - Business & Finance

what does it actually DO? why does the lition token need to be used? why should the lition token have any inherint value?

>>21208562
Lition's blockchain allows p2p energy transactions to occur in Germany. Fees from the transactions will be paid out to stakers. If you can estimate the number of transactions that will happen in the future you can back into an implied yield per token per year. Lition is GDPR compliant so it may end up integrated with other corporations for their needs. Lition is partnered with SAP, several legitimate German companies like N26, and integrated into Salesforce too.

OOOH JAAA PUMP MEIN ENERGIEMÜNZE VATER LOHWASSER

>>21208648
thats it? energy use in germany? BORING

>>21208562
>why does the lition token need to be used? why should the lition token have any inherint value?
It doesn't.

Can we eliminate the ultra annoying idex mega whale today?

>>21208942
So why would anybody buy it?

>>21209249
to pump our bags

>>21208648
Sounds like ELEC

>>21208484
50k staked... am i gonna make it.

>>21209337
No. Your token has no inherint value.

>>21208854
See picrelated, it's just 1 application. It's like mistaking Ethereum for CryptoKitties. Don't be that guy.

>>21208942
It's used for a number of things.
Security on the network by staking.
Paying a gas fee for transactions and paying fees to open sidechains. I think every sidechain (and thus every dApp) needs a trustnode to operate but I need to inquire about that.

>>21208948
Yes

>>21209611

why create it with only regional capabilities if its gonna be in a similar space as xrp which is global

>>21209577
>tfw this guy btfo every single lition holder in less than 5 words

how will lition holders cope?

>>21208484
One guy broke the mainnet by trying to onboard a node.

It’s been a year.

Pathetic tech, shit devs. Blockchain running off five PCs in the CEOs office.

Team persuaded investors to lock up tokens and then systematically dumped millions of dollars worth over the last year... without a working product.

Partnerships are merely pilots and PoCs, amongst the standard pay to play ones.

Congrats anon, you’re funding the team’s exit plan.

Pathetic.

>>21209724
>inherint

>>21209658
>Regional?
What do you unironically mean by this?

>>21209750
You know you're gonna make it when these posts start appearing again. Cope harder faggot, and no I'm not selling you any of my litties

>>21209800
its for germany only apparently

>>21208484
Oof this bitch is hot I want to destroy her asshole if you know what I mean ;)

>>21209800
>>21209827
Ok so you mean the Energy usecase? Again this is not Lition. It's a usecase of Lition. Big difference.
Lition Energie AG is an actual company, a utility company, which has to win rights to distribute real world tangible electricity, which it already does. You cant roll that out worldwide at the same time. You cant sell electricity in the German, French, Brazilian and US market at the same time with a startup. You need to jump through a whole lot of bureaucratic hoops and hurdles to sell it in even just 1 jurisdiction, definitely to do it in Germany.

>>21209996
true, That said, they are allready checking to roll out this usecase in the netherlands, Austria and South Africa..

I Hope they make progress there, another Country onboarding would be massive

How much for a suicide stack.

>>21210158
10k

>>21210097
Right now I think their focus should stay in Germany.
Germany has 38 million households.
Lition Energie probably has 20k right now.
But in the future, when we'll be offloading our stacks, yeah then it will hopefully be in many countries serving several million households.

>>21210235

What does this mean, frens?
>>21210284
>>21210338

>>21210418
I don't think he knows what he's posting

Got 50k Staked, this will be the year of the kraut

>>21209750
the amount of effort you put into writing this is tells me you want to buy cheap. try harder next time.

faggot

>>21210235
What does this mean? That linkies are heavily invested in LIT?

>>21210970
Yes but they don't want people to know yet

Only 190 ETH remaining of the sell wall.
Yeah it's going to be one of those days again.

They will announce Mainnet 2.0 any day now.. Right?

>>21209577
>>21209611
>>21209800
>>21210999
Chch...checked!

>>21211035
id say so

why are we plagued with the dumbest whales?

A lot of negativity here. The chainlink tip 5k holder info is a gem

>>21211523
niggas tryna poison the well just like back when link plasterd swastikas on a chainlink cube to scare away the normans/redditors. We are gonna make it.

>>21210235
Unironically delete this

>>21211637
No

>>21211658
Do not onboard no litlers so soon

>burgers buried another /litgen/

>>21208484

Just check the all time log scale price chart. If price climbs a little bit more we are breaking out of the upwards channel and are in full price discovery mode :O

>>21211687
Its time to pump

>>21211026
173 ETH left.
Soon it will accelerate because there are always lurkers looking to buy the last part of the wall.

Holy fuck there's some dumb FUD in this general. I'm okay with legitimate criticism but when people who don't have a clue about the project attempt to criticise it, it just gets really annoying. Even worse when they just repeat the same arguments over and over again.

>>21211035
My guess is that they will announce it mid to late August and launch it in early to mid September.

>>21212000
>He cares about brainless retards
Bruh

>>21212000
The fud is planned, creates attention and attracts more investors

>>21212031
Nice but both need to be accept buttons

>>21212044
Yeah I get irritated when dumbfucks infiltrate our threads. This is a place to talk amongst ourselves and share memes, not educate the lowest common denominator.

looks like this is a pure yuro coin

no LIT theads during burger hours

>>21208484
lition is bullish af. it never dips, just climbing up

>>21212067

>>21212167
I don't see anything wrong with that. It's about time the europeans had a blockchain champion

>>21212167
LIT will end the europoor meme.
The Europe v Burger line has a lot of memepotential methinks

>>21212308
This will blow up like NEO in 2k17. They have the same supply and I'd even say that LIT has more potential than NEO 2016/2017

>>21210999
>>21212000
>>21212333
Oh look triple trip thread.
Tell me something else I already knew, Kek.

>>21210286
>Right now I think their focus should stay in Germany.
It's not either one or the other. There's nothing to gain only being in Germany.

>>21212281
Based

>>21208484
In term of moon potential, Lition is the combination of Antshares + ChainLink on steroid.

Every "crypto dude" must hold at least 10k.

Dont mess with this project.

>>21212383

>>21210999
>>21212000
>>21212333

Three trips in a 60 post thread has a chance in 3 in 100,000 of occuring.
The archive counts 9118 threads. Last thread happened 3 days and 3 hours ago.
We have 200 in the catalog.
So that's 124 threads per hour.
So a thread like this would only appear once every 11 days.
Take into account that most threads dont even reach 60 posts only about 10% do.
So we are truly in a once in 110 days happening thread.
Praise kek.

Is lition blockchain agnostic or not?
>>21212665
oof so close

>>21212727
Its a layer-2 solution, so I'd say yes.

>>21212665
Off by 1.
Just one more trip, Kek.

>>21212665
You should have posted this literally one second later. Just imagine.

>>21212167
yes this, burgers should make their lit thread when possible.

>>21212727
Digits.

>>21210999
>>21212000
>>21212333

>>21212805
Its been discussed before and the conclusion reached was that burgers can't read

>>21212754
Summening the gods of chaos.

i'm think of buy 15k so that I can stake it. as long as there aren't any huge dumps that could be close to a grand in passive monthly income. worth it? i'd literally be going all in on Lition

>>21212901
>>21186181

>>21212780
It's up to Kek to decide, fren

>>21212901
Yes, worth it.

>>21212901
Go all in on Lit

>>21212901
>worth it?
Of course we think buying Lition is worth it. It's why we are here.

>>21212665
Based math autist!

lit to the moon

>>21213082
We need to get another tripget to make it 100% undeniably so.

>>21213112
So close

>>21213112
REEEEEEEEEEEEEEEEEEEEEEEEE
Off by 1 again.

>>21213007
Kek, are we already experiencing an influx of low IQ anons?
That's a bit early.

>>21213310
Obligatory gif btw

>>21208648
Seems like a scam, not buying.

>>21213112
In yesteday's thread someone got quads and trips are literally rolling in so I'm pretty sure we're good. Praise kek!

>>21213335
Excellent choice sir, bye bye now!

>>21213347
Yes, i'm comfy too

Where to buy Lit

>>21213922
Idex or Uniswap

>>21213922
https://app.uniswap.org/#/swap?outputCurrency=0x763fa6806e1acf68130d2d0f0df754c93cc546b2

>>21213922
hotbit

>>21214152
>>21214183
>>21214235
Thank you, I fucking love /Biz/

Autism anon here.
Reporting a Getalert on Litgenerals:
Previous LitGens:
>>21185336
>>21167992
>>21156747
>>21148600
>>21131892
>>21096929
>>21091683
>>21056556
>>21052456
>>21023848
>>21020913
>>20948270
>>20891896
>>20858746

712 posts in all these threads. They scored 6 trips.
Previous trips
>>21194444
>>21106999
>>21053888
>>21027999
>>21024999
>>20861888

Normally you would expect 0.7 trips in all of these threads combined.
Scoring 6 trips in 712 posts has a probability of less than 1 in 10000.

Now were at 90 posts in this thread and we have another 3 trips.
>>21210999
>>21212000
>>21212333

That makes for 9 trips in 802 posts...
The fucking calculator cant handle that low of a probability.
Guys... wtf
I was kinda trolling, but now I'm legitimatly scared.
What the hell is going on?

>>21214275
It was foretold
>also fresh meme thread

Hey, Litkriegers! Pay attention to another Aryan coin.

>>21211357

>>21212000
Jesus christ & holding litpepe ... im stealing this thanks anon

>>21214275
Praise autism

>>21214275
Its 1 thing to have a sixtuple get (one in a million)
It's another thing to have a one in a million thread. E.g. 5 trips in a 150 post thread.
But it's a whole other thing to have a 1 in a million string of threads.
If we start a <insert shitcoin> general and keep posting generals for about 2 weeks. We'd need to do that a million times before 9 trips will land in those generals.
That would take 38460 years.
WTF.

>>21214275
You should hang out with these two guys, i bet you would become best friends.

>>21214334
>>21214354
If you buy this over LIT you're literally braindead.
Fucking 6 million MC blockchain project developed by a bunch of kids tweeting at Vitalik "We're coming for you". Bend the fucking knee already, it's not 2017 anymore.
Lition on the other hand is aware of that and is trying to complement Ethereum with it's layer 2 solution and they're also a core member of the EEA. I could go on and on why LIT is the far far better choice, especially since they're both sitting at the same market cap.
That just shows to me how undervalued LIT really is, still standing beside these retarded projects trying to overtake Ethereum in 2020.
Top fucking kek anon.

alright, crush the sell wall. nearly half gone. bullish af.

>>21214275
It is foretold.

The sell wall is officially gone. See you in the moon guys.

>>21214842
Some madman bought 100 ETH worth, there's still 33 ETH left.

>>21214842
LET'S FUCKING GOOOOOOOOOOOOOOOOOOOOOOOOO

Holy fuck

absolute madman

.20 by cob today

>>21212665
praise kek

>>21212805
I am a burger, sadly

>>21214470
kek has spoken

Bye bye 42, it was nice to have known you.

What is price prediction for this?

>>21215141
$100 EOY

>>21215141
10 burger dollars eony 1 dollar eoy

Holy shit walls eaten so fast wtf

>>21214275
You don’t know how happy I am to have the ultimate autist as a lition holder, we are definitely going to make it

>>21214470
Please archive this thread and save it, we are going to pull it out when lition is at 100 a coin

>>21214939

Damn, that's crazy

up up and away

When moon?

Your math is off, anon. The chance for a trip is 0.01 not 0.001...

>>21212665
based retard. what's the probability of getting dubs? ok, so what's the probability of getting trips?

>>21208484
based

>>21216035
>>21215981
Yes.
Shame on me.
Or was I just trolling?

>>21215383
>>21215454
Sorry I failed you bro.
>>21215981