/biz/ - Business & Finance

>>21313665
is lit.

Give update now

>>21313684
Yes.

>>21313703
soon

redpill me. and primarily i don't understand the token use case. just node/staking? or are they gas for public/private transfers? is there a bigger picture where you can control your personal data and temporarily share, when required, with relevant entities (i'm thinking health records, finance, educational/professional certs)?

>>21314125
Maybe maybe not fucking cocksucker

>>21314203
exactly what i was looking for, all sorted. cheers!

>>21313665
Where are the news? Fuck!

>>21313665
Why is this going up? care somebody explain to me?

>>21315020
Node registration just started, mainnet about to launch.

Want to add another stake but ETH gas prices are absurd right now.

>>21314467
Do your own research faggot. Most of us want this shit to drop so we can accumulate more. Not even the iwn team shills this shit.

>>21315843
yeah, i got it. but when it's shilled you have to expect questions. so either fud it, or fuck off.

i just read the whitepaper. they were anticipating 1.5m tx/day in 2020. how far off that are they? what's a sui?

>did a x4 in one month
>still no one is selling
now imagine what will happen when based Richtard give us an update about mainnet release date+ T1 exchange listing+ new partnership

we all gonna make it
we all gonna escape wage slaving, you just need to hold long enough to make it

>>21316212
and a sui is? 1k, 10k?

>>21316212
how long do i hold
or rather
how long do i lock up my LPS

>>21316212
>1bil mcap by the end of 2021
>10bil mcap by end of 2022
>50bil mcap by end of 2025
>Maybe even higher further in the future

I unironically believe that this will happen completely organically if lition succeeds in providing the solutions it has identified the need for. At this moment all we need for this to happen is a few working parts of the blockchain, recognition, and adoption. If Lition succeeds, we're sitting on an absolute powder keg. It would be like owning stocks in early Microsoft, Amazon, or Google.

>>21316499
yes, i'd also say 10k is the suicide-stack, 100k the definitely make it stack.

>>21316499
suicide stack 10k
make it stack 50k

>>21316761
atleast until mainnet release, end of Q3

>>21316818
>I unironically believe that this will happen completely organically if lition succeeds
"if" is always the magical word you say before and after the facts, never trade in emotions, just follow this basic rules :buy low sell high and always take some profits

>>21316100
Lol doubit it. Transactions will be bundled multiple households into one main et tranxn. Divide that number by about 100-1000

>>21317264
okay, so transactions on private nodes bundled before they get written? so private node total tx's would be more close to their estimate?

>>21317678
Yeah

comfy

>>21314125
Literally do the bare minimum amount of research. However their goal is to keep the benefits of the decentralised nature of the blockchain while allowing for private and deletable data. This is absolutely necessary if we want blockchain to be adopted by the mass market. The point is there is no "one usecase" that the LIT token is specifically designed for, like ETH. And this isn't just promising technology with no adoption. They already have SAP onboard, and I really want to emphasise that it's just a paper partnership. And of course the energy business is offering great utility as well. We have yet to here from the vast majority of the partnerships due to a broken mainnet. As this has been solved for months now and they're getting ready to launch it, we will begin to hear more from their partnerships.

>>21316100
No one has been shilling it. We're just talking amongst ourselves and sharing memes. If you can't be bothered to do the bare minimum amount of research and expect us to spoonfeed you then fuck off.

where to buy it?

>>21318011
>and I really want to emphasise that it's just a paper partnership.
Kill me. I meant that it's NOT just a paper partnership.

>>21318109
I genuinely can't believe how often this question gets asked. How difficult is it to just look it up yourself? But the best place is Idex.

>>21318283
i'm very new to this, sorry. i hear a lot about scams, and every time i check uniswap it says basically 'anyone can make a fake copy of this' so i'm confused lol.

is this the correct thing?

https://etherscan.io/token/0x763Fa6806e1acf68130D2D0f0df754C93cC546B2

>>21318401
>https://etherscan.io/token/0x763Fa6806e1acf68130D2D0f0df754C93cC546B2
Yeah that's it

>>21318510
thanks, if i had to pick one or the other, put $ into this or link?

>>21318943
LIT total supply: 100 million (long term)
Link total supply: 1000 million

$150 LIT = 15 billion mcap
$15 Link = 15 billion mcap

LIT = Real successful Business
Link = Speculation

>>21319349
this, based.

>>21317073
I'm riding this shit to the moon or to hell.

hmmm...jesus these ethereum fees wtf!?

>>21320635
LIT can be run on binance chain and tomochain.

a really good thing would be to include IOTA to their supported DLTs. its feeless and needs way less energy than eth or btc. it would be a perfect green energy match.

>>21316818
100% this. I read their whole whitepaper and it made my dick hard. Sitting on 50k and that shit isn't moving for the next 3 years.

Seems like we in a accumulation-phase and some weak hands are selling. If we don't dump now, we will have a moon with main-net announcement.. And then a dump

buy the dip

>>21313665
Soon the mainnet and the lition does not pump ...

another lit thread with so many green ids btw

>>21321533
It's been pumping the past two weeks, this is a small dip aka accumulation time

>>21321533
it pumps since 2-3 weeks already. but i think that the main pump will happen when the mainnet will be launched. lit has already real use cases.

>>21321497
We've already had a correction. The seed investors and whales dumped in July well before the pump.

>>21321533
What are you even talking about? We were 6 cents a month ago.

>>21321244
I wonder to what degree they will be competing on the energy front in Germany - IOTA also has decentralized energy sharing ambitions. If they were to work together you could have one platform that is both GDPR compliant with the private/public data (Lition’s contribution) and feeless (IOTA) ... but without fees what are my LITs worth? Hmmmm

>>21322003
>IOTA also has decentralized energy sharing ambitions.
And isn't close to fulfilling them. Lition is miles ahead in the energy sector.

50k fag reporting in and wishing you all a Gute Nacht!

>>21317073
Full agree.

>>21314125
Quick summary here.

>>21321571
Wow

102k big dick saying hello from Eire

>>21318065
Did someone say memes?
https://youtu.be/6Jj9Kmj5Bkw

>>21322873
1545 small balls here from eire too

>>21322835
Why would you use a lition sidechain instead of chainlink and arbitrum?

>>21322977
GDPR

Buying 10k Litions =top 400 holders. Just saying.

You ARE fucking early.

>>21321571
Yes.

>>21323064
A lot of people are going to sudoku.

>>21322922
3k soon to be 10k average balls from Éire too this is a celto-germanic coin

>>21323064

Is this right? I think most people have their lit in staking contracts

>>21324048
That's true, plus there's 11 million LIT on exchanges.

>>21323064
Is this true? Where does 5k put me

>>21321533
curry... delicious