/biz/ - Business & Finance

>>21358747
Red pill me on Lition

>>21358747
Got 30k more today while the fud is strong, feeling comfy.

>>21358845
Always green ID in lit threads. It's getting absurd at this point.

I'm going to explain it in the most baby terms I can imagine: compliant with a bunch of EU regulations in a way which would allow businesses to preform transactions with sensitive information legally. Think banks, insurance companies, ect... In addition to this, lition energy is a p2p energy marketplace which is a huge usecase for the blockchain, and it's growing quicker than even the team expected.

>Why are people talking about it now?
There was a failure in the mainnet when it launched. If you go to "max" you can see how intensely it dumped after that. The team has spent a lot of time fixing the mainnet and they're about to release it. Staking rewards are correlated with the number of transactions. Thus far, that number of transactions has been bottlenecked because there's no mainnet. With the release of mainnet, the actual number of transactions per day will.be realized and a huge number of people will want in on the juicy staking rewards. Combine that with attention from the EU government, SAP partnership, and a booming energy business and you've got one hell of a moonshot. There's literally no reason that the mcap is so low, aside from the fact that basically only /biz/ knows about Lition.

>>21359018
How do you have so much money to throw around, if you're not larping?

I'm all in on my sweet litties
Thanks for helping me make it bros

rolling for green

>>21359352
30,000 isnt that much fren its like $4,000 ish

As soon as my ETH clear coinbase, im sinking a couple more in LIT. Too much crap gets shilled here, but i like XSN and LIT for the fact that they are still early and have actual product/use case.

>>21359705
LETS GOOOO

My id counts as green right frens?????

>>21358747
got 1 mil lit staked.
>oh no he's larping.
fuck you poorfags lmao. thought americucks are rich.

>>21359352
I don't understand why all of these newfags assume everyone on here is as poor as they are. Some of have been here for the last bullrun and made some nice gains already.
30k LIT right now is literally lunch money but it won't be so in a year from now.
I'm grabbing up as much litties as I can while they're still cheap.

>Be me
Buy LIT at the top
>Lose a fortune
So depressed that I get a call from the suicide hotline
>pick up
It's Richard motherfucking Lohwasser
>Richard wtf man, what are you doing being an operator at the suicide hotline? Get up and launch the mainnet, you tard!
Says he cant feed his wife and kids by relying on the Lition project alone so he had to take a job on the side
>God damn Richard, just talk to Juergen and ask him to help you launch the mainnet
Tells me Juergen already dumped most of his tokens and laughed at him last time they spoke. Said he was low.iq.
>Ok, ok well that's bad but still salvagable. Just focus on the mainnet and growing the energy usecase. We dont need SAP.
Talks about how Kyung wants to switch to Energy Web and offered him a temp job if he goes along with it.
>Fuck man that's disastrous! You can't do that. What's your plan?
Rambles incoherently about how all he wants to do is build a big lego train and choo choo far away.
>mfw never talking to Richard again.
Fuck this shitcoin. I'm dumping my stack.

>>21360192
Why do this after making more than half of the recent litgens

>>21360192
Fuckin Kek. I love this copypasta. Weak hands don't deserve to make it.

gween?

If only I had sold my linkies later, I'd have more Lit.
Oh well still gonna make it eventually.

I have 43k XRP should I dump them at a small profit for LIT?

>>21361409
>id says yes.
Would either go on hotbit or place a high bid order on idex. Because if you're the taker, you need to pay an ethereum fee every transaction you make and buying 90k lit would mean probably 10+ txs or $50-100 in fees.

>>21362026
but 90k is 13k $ worth so 100$ fee is not that much

if only i had more funds i would fudded the shit out of this to buy lower, it amazing how you can shake out weak hands so easily when they see red candles, i guess "buy high sell low"

>>21358747
>mfw when I bought right at the top a few days ago at 0.14$

thinking about selling now, waiting for it to drop more and then rebuying.
why am I stupid

I like this project but I heard a rumor that Richard is a fake doctor. All of the information is in German so I can't figure out what is true or false. Please help

>>21362461
I heard he's working a second job as a telephone operator to make ends meet. I'd stay away from this project.

>>21362456
>thinking about selling now, waiting for it to drop more and then rebuying.
Kek. Yes this doesnt sound like a dumb idea at all. Buy high, sell low.

>>21362461
link and I'll have a look

>>21358747
are there any big new coming up soon? what about the mainnet?

>>21362380
Look at the size of the current red candle
Then realise never in its history has lition recovered from a candle of the size. It has never pumped. It has only every crashed significantly. This dump has only just started. Anyone who bought about $7c is about to get well and truly ass fucked.

>>21362456
>trying to time the market
>swing trading a volatile coin
>buy high sell low
>while hoping it will go low more
sorry but NGMI

>>21362798
>weekly
Dont come crying when we're at 35 cents in 2 weeks bro.

>>21362968
It amazes me that people who absolutely fail at timing when to get in, think they can get it right on when to get out. But hey more profits for the rest of us.

>>21359906
Yeah you're larping because you feel the need to tell us every thread. Please fuck off.

>>21361409
XRP has nothing going for it in the short-medium term. Dump all of them.>>21362456
>mfw when I bought right at the top a few days ago at 0.14$
The top was 18 cents.

>>21362642
Do you think we're psychic? We know as much as you. We believe mainnet will be announced soon.

>>21362461
New tactic. I would like it if you weren't so goddamn irritating.

>>21362798
Lol. Is this satire?
>post chart
>pretend to know something throw in some finance terminology
>fud it to hell
This right here boys is how to recognise a /biz/ bullshit artist

>>21362798
>he think the price will crash
>the team is not selling this time around
>mainnet release is around the corner
>every shitcoin is going parabolic
you also NGMI

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 (already started), buy now or you will commit no breathing when you realize you missed a life time opportunity to make it
>tfw you tried to help anons selling the May top and buy the July bottom but no one listened
doesn't matter, we all gonna make it because this shit is gonna moon the hardest, mark my word, mike never lie

>>21363178
Thank you.

>>21362798
sorry you sold the dip, better luck next bullrun cycle in 2022 and thanks for playing

>>21362461
>>21362642
https://translate.google.de/translate?hl=de&sl=de&tl=en&u=https%3A%2F%2Fwww.fcn.eonerc.rwth-aachen.de%2Fcms%2FE-ON-ERC-FCN%2FDas-Institut%2FAktuelle-Meldungen-Institut%2F~fnaw%2FLohwasser-Defense%2F

>https://medium.com/lition-blog/lition-joins-inatba-the-international-association-of-trusted-blockchain-applications-ada735882d6d

we all gonna make it frens
congratulations to all of you who hodl

https://medium.com/lition-blog/lition-joins-inatba-the-international-association-of-trusted-blockchain-applications-ada735882d6d


YOYOYOYOYO NEW ANNOUNCEMENT GUYS AND GOYS

>>21363888
>7sec faster than you
kek

>>21363938
FUCK YOU MIKEFROMMALAYSIA REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

i've got 50k that i got slowly when the sap leaker guy was telling people about it. not even a europoor i'm a dumb leaf.

>>21358747
I bought this shitcoin at 20c last summer and then it dumped
another summer, another lition pump and dump on the newfags

>>21363888
Checked.
About 150 members.
Amongst which
Cardano, Ripple, Ontology, LTO, Algorand, Ambrosus, Gnosis, IOTA, NEC, Lisk, Quant, Unibright.

In other words, good but nothing special.

>>21364183
>Their member base includes companies across a wide variety of industries such SAP SE, Barclays Services Limited, ConsenSys AG, Deutsche Telekom AG, Fujitsu Technology Solutions, NEC EUROPE LTD, Siemens, Volksbank, Unibright, and more.

go fuck yourself with your "but nothing special" bullshit.

>>21363883
>>21363888
This might the comfiest hold ever, this project has some serious connection between this and the emminent task force

>>21363533
Literally what

It just states that he "defended" his thesis, the German version is the same as the English one.
After handing in the written part you have to get back in for an oral examination, where you have to "defend" your thesis in front of several professors. No idea how it is in other countries, but this is perfectly normal in Germany, everyone has to do it.
Unless there is other information I couldn't google right now I'm convinced he is a real Dr.

>>21364183
people like you don't realize that a news like this is Just a sweetener before they drop the bigger and fatter news
but you're right this is nothing special, so just sell now before the price go to zero when they announce mainnet

>>21364070
That means you bought incredibly cheap. Hold onto it.

>>21364174
I have no idea why people make bad trades and then blame it on the coin. The greatest investment in the world had people like you right before they went parabolic.

>>21364345
What is so special about it? A mainnet or SAP announcement would be special.

>>21363888

>>21364762
Good point. They get shit like this out of the way first so it doesn't get lost. Hopefully we'll have something tomorrow.

>>21364871
Nothing will happen except that red candle will treble in size

>>21363533
Holy shit you are dumb. "Defend your thesis" is what everyone has to do. What did you think it was?

>>21364981
Thank you for using my meme while telling me that.

>>21364070
Yeah I also bought because of those threads, even if the dude was larping, this shitcoin appealed to me

>>21363533
Kek do Burgers not know the concept of thesis defense?