/biz/ - Business & Finance

Kek

Ex-developeres implemented backdoors in SophiaTX and Lition to steal coins.

SophiaTX already got hacked. Lition is the next wirecard.

Pajeets shilling here for exit pump.

>>21780010
Mainnet better work considering how long we've had to wait for it.

>>21780115
Is it true Richard's evil brother Reinhard is dumping LIT secretly on uniswap? Mikefrommoon told me it was.

>>21780115
why would they need to steal coins they dump millions of them on exchanges every week kek

>>21780010
stop taking the meds you're used to.

>>21780274
What irritates me about him is that he takes certain facts and then comes to a weird conclusion that the project is a scam. He then proceeds to spam his dumb conclusions in every thread related to Lition. Once the price has fallen and he has accumulated some more that's when he starts to be a regular human being again.

>>21780010
How many LIT for a Luisa handjob

no coin has justed me as hard as lition

>>21780010
Fuck last part got me

>>21780427
Wasn't funny the first time, certainly isn't funny the next dozen times it was repeated.

>>21780436
>Sees people excitedly talking about a project
>Knows nothing about this project
>The price is rising
>Buys in
>Price falls
>Blames poor investing on the project itself

You've also decided to say this literally weeks before mainnet 2.0 launches.

>>21780504
>You've also decided to say this literally weeks before mainnet 2.0 launches.

do you have literally ANY proof at all that this will happen. im still holding btw

>>21780504
you're so angry please be a cute girl I can pay for a handjob

>>21780427
>>21780504
Don't worry bro I'm a big fan of the Luisa meme

>>21780524
Literally proving my point that you know nothing about the project. They've already stated that they are on target for the launch of Q3 and they're launching the first community test phase on Monday.

>>21780010
dude if this is real I'll have to seriously reconsider my LIT bags

>>21780586
>They've already stated that they are on target for the launch of Q3 and they're launching the first community test phase on Monday.

source

>>21780115
Shhhhhhh

>>21780612
It's a copypasta. Obviously.

>>21780613
The most recent dev update. You know that thing that caused the price to triple?

>>21780115
Newest low effort fud.

You guys haven't filled your bags yet?

>>21780650
https://medium.com/lition-blog/developer-update-lition-blockchain-july-2020-ddce3357cc68

no mention of launch by end of Q3.

>>21780904
>All the effort has paid off. We’re approaching the end of the optimization process and we expect the launch of our first release to be just around the corner. This will be followed by opening the doors to external nodes.
>Despite the unique challenges that we’ve faced, we’re still on track and approaching a very exciting stage for the project.
No they never said the words "mainnet 2.0" because that's not the official term for it. And when they say "on track" they are referring to the 2020 roadmap which you clearly have not read. You're going to make it and you don't deserve it.

>>21780612
>>21780650
No its true, sell now
Also spot the TG normie

>>21780640
>>21780115
Claimed fud but not seen litfags actually answer this properly yet hmmm

>>21780988
I found him! >>21780650

You would have held any other shitcoin in recent months you will have made x10 easy. But instead of that you prefer to wait on a shitcoin which does not move that it makes x10 in 2 years ...

Good luck
And just for information, the real market cap of the LIT is $11 million, on CMC and Coingecko the data is false

>>21781325
lol so true and the best part is how cocky these LIT holders are

absolute brainlets who have lost so much in oppurtunity cost

shoulda bought VIDT morons, like you were told

>>21781319
I'll gladly be a TG normie if it means I have a basic understanding about the project unlike the vast majority of people I've spoonfed over here.

>>21781301
Because it's not worth addressing.

>>21781325
LIT was 5 cents a little over a month ago. This FUD is boring.

>>21781440
>shoulda bought VIDT morons, like you were told
Where do you come from? Why are VIDT and EWT shills so obsessed with Lition? We never think about you, but that doesn't stop you from infiltrating our threads.

>>21781319
Good job, you get an invite to the Oktoberfest LIT we've made it session (no normies allowed)

>>21781325
lit already made a 8x since the beginning of 2020. if you follow all the litgen-threads here, there's a bullshit-fud-bingo going on made up by underpaid pajeet-fuders.

1. team is dumping on us
2. vidt (hello halfassgaynigga-crew) and other shitcoins have already done 10x and more.
3. richard will do an exit scam

its getting really boring, because the obvious right things like sap, sold ecosystem tokens (see whitepaper), no exitscam at all, because its a legit business in germany ... and so on get constantly ignored. hats so low effort.

>>21781684
the bullrun started in June

LIT is performing like shit really compared to MANY coins. And given how you pajeets try and pump this coin, it should be doing A LOT better

In fact, because the market cap is SO FUCKING LOW, it should be performing amazingly...but it is not

you bought a shitcoin. deal with it.

>>21781613
octoberfest 2021 in Berlin will be legendary it the private Lithall

We can get the walls done with murals of our memes

Greta and Luisa will be at the top table with richard, kyung mikefrommoon ftp smilex adam mark renew and a few others of the TG crew

>>21781746
Literally who cares. Go away.

>>21781613
Kek I couldn't think of anything more normie than Oktoberfest.

some people called me a fudder and a liar last thread, ok i will give you a hint: find the 4 washtrading addresses in lit idex and see who is fueling them lition and ether this whole time to fake volume for months, i posted them last month
if you're not a brainlet you will find them easily and figure out everything about shition and who is behind all this shit

>>21781930
OH NOOOOOOO! ARE YOU GONNA REVEAL THE MARKET TRADER BOTS!?!?!? OH GOD PLEASE NO NO NO! IM STILL STAKED FOR A MONTH AAAAAAAAAAAA SELL SELL SELL

>>21781930
Normies, make yourselves useful and put an end to this fud please

>>21780010
Lition is like JNT (where's my FUCKING MONEY TALAL) in 2017.

Might PND, but hold something like Nectar (NEC) if you want a sustainable 100x you'll actually wanna hold in 3-4 years.

>>21781826
You fucking spaztick thats where we meet for a few beers then we go to the real party back are Reinharts sex dungeon

>>21782199
Shhhhhh he's not invited

>>21781746
and you think that i'll listen to your shit-opinion, an opinion of a random anon that gives literally no facts why lit should be a shitcoin?
listen: lit is nowhere near a shitcoin i'm in since early 2020 and ive done already 8x and in 2021 i'll do a 100x on top because i've done dyor on lit:

[X] Mainnet Go-Live soon (Q3 2020)
[X] Node-Onboarding and starting in the next days
[X] GDPR-compliant
[X] Energy Use Case backed by their own company, having a working business model with millions of revenue since 2019
[X] Developing Business Side in parallel with Blockchain Side
[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

>>21780010
Cringe maybe you should go back

To be honest, I'm fine with this clearly organised fud team. I can now accumulate lower.
Same cunts who fudded quant, and shilled ocean and EWT.
Kys, Cobra.

>>21781746
Yeah good idea to go buy tokens that already mooned

>>21781930
LOL market making. so what?! they've stated this aready official in the tg group.

>>21780427
>How many LIT for a Luisa handjob
200-300 LIT in 2 years from now

>>21782328
hes doing it the BIZ-newfag-style: buy high, sell low. :D

How many litties for gf?

>>21782005
>>21782077
people like you are why we're crashing, the company behind the lition ico is dumping nonstop and you're here attacking me and calling me names instead of shitting the telegram and ask them to stop selling 100k every single day, every time someone put more than 10 ether buy order they send immediately shition to sell, that's why we're going down you piece of crap you monkey brain, if it wasn't for ethereum going x4 from march bottom you would still be way way under ico price and that's a fact, there is only 2 whales left who still didn't sell anything but other 5-6 sold everything and 3 others are selling their bags and cutting their losses, without whales with 1k ether you will never see x5 x10
the con artist company doesn't care about lition success, they got hired to manage the ico and PR but in reality they are a company to fake everything from ico buyers to social media engagement and in return they get moslty half of he tokens, and after seeing the incompetence of the team with mainnet v1 they started selling at any price because getting 1c from 1lit is better than getting 0c, they didn't buy lition at 10c or even 7c
almost one year forward and they still don't believe in this team success and they are selling before mainnetv2 because they think it will crash like last year, do they have insider informations or just speculation? i don't know but that dosn't give me any hope in mainnet v2 success
THE TEAM PROMISED AN AMA BUT THEY ARE STILL HIDING AND PRETENDING EVERYTHING IS FINE
next time i will post how this con artist company work and why you always see bull/bear cycle in crypto (this company is from europe as they almost never sold between 2am-8am germany time

They aren't dumping non stop though. Post proof.

>>21782005
>>21782077
>>21782329
>they don't know what whastrading means
>they don't know what faking volume mean
>they don't know what faking engagement mean
ngmi

>>21782556
Why are you obsessed with a coin you hold and hate? Sell now and kys

>>21782451
100k LIT every single day?!?!?! HAHAHAHAHAHAHAHAHAHAHA HOLY SHIT I KNEW YOU WERE A FUCKING SHITSKIN BUT THIS SHIT GOT H I L A R I O U S NOW!
OHHHH NOOO A SEED INVESTORS WANTS TO GET OUT WITH A PROFIT?!?! HOW FUCKING DARE HE?!?! They did not get that for free you fucking monkey and you literally said why they got that money (to manage PR and the ICO). So the pump just came out of nowhere I guess? The potential? Partnerships? H I L A R I O U S since I knew from the start that you would extrapolate a non-issue into a big issue.

>they started selling at any price because getting 1c from 1lit is better than getting 0c, they didn't buy lition at 10c or even 7c

But why arent you huh? Are the governmental ties too strong all of the sudden?

People like you literally invest their whole lifes into FUDing campaigns to make people sell so his tiny 10k stack can get to 12k which is why you will always be just that - vermin. How do investors even know jackshit about a technology THAT IS NOT EXISTANT TO THIS DATE?! Either you or them are flawed logicwise.


>if it wasn't for ethereum going x4 from march bottom you would still be way way under ico price and that's a fact,
>b...but the ETH price doubled atleast since then

Yep FUD campaign. You cannot fake the business and the ties they got. kys and/or pray that we wont meet face to face.

>>21781930
>some people called me a fudder
you literally called the project a scam then suddenly switched to saying we were going to the moon, if that's not FUD I don't know what is

>>21782751
That guy was probably a whale trying to score some more LIT at a discount.

>>21782648
yes, its so obvious that he just wants to fill his bags more and more.

>>21782451
I bet they also bought themselves into the EMINENT Taskforce (with CHAINLINK, UNIBRIGHT and Anyblock Analytics), the CRM Salesforce store and EEA (which they could have theoretically) right? May I ask...are the german cities, in which they are selling their energy usecase product, bought too? All the customers? OH SHID OH FUG HAHAHAHAHA. Sergey is selling 700k and look what it did to the project. Is the INTABA partnership atleast real with names like SAP SE, Barclays Services Limited, ConsenSys AG, Deutsche Telekom AG, Fujitsu Technology Solutions, NEC EUROPE LTD, Siemens, Volksbank, Unibright? Is the Bundesblock membership real? The german excellency award?

Your tactic goes as following:
-Hurr people in here are retarded
-I start writing diaries so it seems like I have something meaningful to say and weak hands and potential investors get scared
-Haha cheaper LIT for me

so.fucking.obvious. Richard and crew are too deep into the business to scam in any way possible since their information about networth of their companies is accessible to us.

>>21782916
good anon, high iq over there.

>>21782556
Frens I don't know this either.. I don't even know what a blockchain is. I just bought lit cuz I liked lit frogs the best. Will I still make it?

>>21782451
> that's why we're going down you piece of crap you monkey brain

LOL

>>21782451
>B-BUT ANON! YOU COULD HAVE MADE 6gorrillionx in the time you have held LIT did you know that?! Haha check mate loser

You would be right with that but we are talking about a product that is unseen in its technological importance for the EU and similar economic zones. Hell we dont even have a mainnet and rose in price. A mere fucking update which layed down the problematic in detail pumped the price x3 (x2 in ETH price I know). I can understand that the investors are getting pissed and understand why they would sell tokens like that. But I also understand that these investors would know shit if they would even look at the small open repos on their github account what the fuck is going on here (Hint: Investors only see black and white. Product not done until X amount of time = total failure. SELL SELL SELL). I dont care what some boomer with much money thinks. He prolly also thought like the ADHD investors in our TG and in here and said to himself "DAYUM! Could have made x100 with YAM LOL." which is why I love this market. It is so random because it is filled with either full-blown retards, hard business man and people who are understanding the tech that is build and how important it can be once it is built.

Mike made his own thread and the jannies just removed it lol

>>21783314
For real? Bullish.

https://etherscan.io/address/0xa7da03047d1f734e4d07950a010044c8e395e056#tokentxns

Here is one of the addresses btw

>>21783336
Last post only 12 minutes ago
>archived
>>/biz/thread/21782967

>>21783314
He probably deleted it himself when he realized he accidentally samefagged in it, lmao

>>21783412
Shit you're right
MIKE EXPOSED HAHAHAHAHAHA

>>21783412
HAHAHAHAHAHA I FUCKING SAW IT!
When he did his first little FUD campaign he was stupid enough to reveal once in a thread that he is FUDing to accumulate (it was a long time ago and is most likely hard to find on warosu). I was in the thread though

>>21783412
Hahahahah mikefrompakistan btfo

Why the dump?

>>21783553
Mike selling his bags?

>>21783616
Nah, its weak hands after they have red mikes curry pasta without reading the whole thread. Currently liquidating assets again. May he rest in piss

>>21783449
yes he did

I was the one who linked it

He's such a toxic cunt though, Mike I know you're reading this, what are you really achieving with your FUD?
You manage to scam a few naive people out of their lition bags at a slightly lower price. Is that really what you want from this? A bit more money is enough for you to screw a few people over?
Why are you so greedy and vile? What's wrong with making it together with others, hm? Disgusting behavior.

Thinking about picking up another stack at these prices. Can't magine it going any lower

>>21783412
>>21783379
Prabhufrompenjab strikes again

>>21783892
sure thing pal, go all in

>>21783103
kekd at that to

>>21783164
What if the EU deal goes elsewhere? Hyperledger for instance?

What then?

>>21784451
Fuck em

>>21784627
Ok but what if it did?

Is lit then dead? Any team can claim they are part of something. Irrelevant until proven true.

>>21781531
>Because it's not worth addressing
>Nobody got hacked by a rogue employee
>Nothing to see here
> MUUUUUHHHHHH FUD

>>21785011
Technically the energy service they are providing already includes them in the "green energy transformation" deal. Even if they like it or not.

The real question is mass adaptation, and government shilling. That is a whole new topic but since they got invited to speak for congress "got canceled cause covid19", it's as close of a confirmation you will get for now.

They are in contact with people trying to get Lition adapted by a wide range of customers, what it will lead to, nobody knows. But it's bullish speculation for sure.

>>21783379
Well this embarrassing, anyone got a screenshot with the ids? we all know he will be back tomorrow with his FUD

>>21785799
Annoying I accidentally refreshed the page before capturing it

>>21785883
I'd like to read what he posted, shame.

>>21786255
>>>/biz/thread/21782967

>>21782751
>>21782782
>>21782916
>>21783164
i see that you brainlet didn't even read a single sentence, yeah donkey brain can't read 3 words without feeling dizzy
in the past i though Richtard is behind the dumping thats why i called him and the team scammers and nazi as they were selling millions of ecosystem every month (even qnt ceo shillbershit didn't do it with that much)
but in the past few days i found out that the 4 washtrading addresses are getting their lition tokens and ether from team ecosystem tokens and are connected to some old scam addresses (they fake 200eth/day of volume to make it look like there is an interest in this shitcoin, they are not active today or yesterday, that's why the volume is going down hard)

so now everything make sense why is Richtard risking the project failure just to get 500k $ from it while he can get x100 that money if he succeed.
con artist company were known in 2017 ico craze as most new shitcoins bought their services to fake ico buyers by buying their own coins and give it a high price and get listed in some shady exchange just so they can dump their worthless shitcoin on everage joe
they also fake social media engagement and washtrading to also fake the volume

>>21786362
>>ICO COMPANY DOING WASHTRADING AND FAKING VOLUME

>>Got any more info on this?

That's just pathetic. Mike wtf! You used to be cool, now you're just Pakistan tier again.

>>21786492
Okay Patel :)

>>21786492
this companies big goal is to accumulate as much as possible of ether and btc by playing the bull/bear cycle and its goes like this:
entering a bull cycle
1-launching ico (with 1 year roadmap) and shilling it in every social media and get it reviewed by known websites and youtubers to gain popularity (lition april 2019)
2-start dumping as soon as it get listed (lition may 2019)
3-suppress the price for 1-2 months until every weak hand leave (may-june 2019)
4-start buying back and entering a bullish trend while the team announce some good news (june-july 2019)
5-now they start dumping slowly until there is some big announcement from the team (july-oct 2019)
6-the team release a non working blockchain, here their strategy will change for lition, going from playing bull/bear cycle to dumping all the way to the bottom because they lost faith in the team (for this company there is no second chance because we're in a speculative market)
7-(for other coins) the con artist company will keep playing bull/bear until the team really succeed and launch something usefull so they will start buying everything with the money they made in the last 2-3 years, but if the team is a scammer like them they will just force the team to announce some fake news to dump everything they are still holding (and this is what hapening with lition, that's why there is no exchange listing, no ama, no mainnet release date, just keeping the majority of people from selling by telling they are onboarding 5 nodes for testnet

they are onboarding 5 nodes FOR TESTNET
FOR TESTNET

but brainlet still think the mainnet is gonna release at the end of q3 while they still didn't test this shit with nodes outside of their ceo office
i hope they deliver but everything point to the fact this shit is gonna fail and i will my whole money in it for the second time, this is crypto life you gain some you lose some but we will never buy high and sell low, we will just make money in the next cycle

>>21786492
>>21786763
Go away samefag you have been exposed

>>21783019
Yes.
It's honestly the best way to make decisions.
No smoke and mirrors when it comes to memes.

>>21783314
>>21783336
>>21783379
not me

>>21787118
Thanks fren I hope we moon soon

>>21787232
>seeing as people taking my finding as 100% the truth
disclaimer: im only 99% sure this is the truth as i don't have tangible proves like when i said the team was selling in april-may 2020 ,maybe its Richtard low.iq selling again and i just got tricked by the washtrading addresses getting lition from ecosystem wallet and being connected to some shady and scammy known addresses
but this is not the first time the same shit happened in crypto and there is no smoke with out fire, my only 100% proves are the blockchain txs and no one is gonna say they are fake txs to create fud kek

>>21783339
>https://etherscan.io/address/0xa7da03047d1f734e4d07950a010044c8e395e056#tokentxns
yes, this is one of the address selling

>>21787482
>>21787482
No one is selling guys, have a look at the order book, volume is down only the bots are pushing the price down with 0.151 eth orders, people are not buying since we are all either waiting for more news of a bigger dip. The sell orders are so thin that 200 eth would clear it

>>21787586
Price rising with volume rising, price decreasing with low volume is BULLISH

>>21787639
Shhhhhhh you're ruining Michael's fud

>>21787800
Mitel from Bombay. He admitted to me he was fudding to shake out weak hands a while ago. Maybe his sentiment has changed since then. I know good ol' Mikey can flip on a dime. Note also that this guy's name is different. It might not even be Mike. MikefromTHEmoon vs mikefrommoon. Maybe he just changed it though.

>>21781301
this, but unironically

>>21788474
Literally how the fuck would anybody actually disprove this? It's non falsifiable you fucking retard. I saw a fairy in my backyard yesterday. Can you prove fairies aren't real? Jesus Christ go shit up some other thread you dipshit windowlicker. At least we got a bump from your dumb ass.

What other project has a fudder this committed? Bullish.

>>21788818
Only the ones in the top 10, we are all going to make it

Jesus saves

>>21783668
>its weak hands after they have red mikes curry pasta without reading the whole thread
nah you piece of shit, this is one of the address selling and not weak hands with suicide stacks
>https://etherscan.io/address/0xa7da03047d1f734e4d07950a010044c8e395e056#tokentxns
>>21783718
>what are you really achieving with your FUD?
the same acheivement i tried to do in the past: making them stop selling ecosystem tokens before its too late and the price crash like the last time


and they did it again, as soon as someone bought 10 ether they sent 50k and tried to market selling it at a higher price
>https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x10087ec70aec5e5ccfe487be02bfa7b99d14d12a

>oh no this is not the team, its a random address
yeah pajeet like all the other random addresses in the past who were doing the same shit, sending from ecosystem 100-200k and selling 50k every time the price go up a little bit, when they finish they start converting that ether to other stable coins, its amaze me how can you still support this piece of shit scammers after all this, did all of you staked your whole money for 1 year? hahahahahahahahahaha i can't even breath

>>21790113
Is this good or bad frens?

>>21788663
Ok, that's why this new German blockchain security disaster is dumping.
>VW diesel
>Wirecard
>Lition

>>21787586
do you know who is putting 200ether between 0.0001 and 0.0002? yeah it team wallets to also fake the buy order, everything is fake in this shit, piece of crap

>>21788050
uh doesn't the time matter when i said that? yeah in the beginning of august i posted some fud like "sell before it crash" just to play with weak hands but now im posting because the team is selling (or the con artist company if it really exist)

>>21791057

So if mainet releases this week, what will you say then?

>>21791192
Probably something like this: peepee poopoo, nooooooooooooooooooooooooooo, biz has financially ruined me, RUINED ME!

Though what makes you think it will release anytime soon?

>>21780010
Test

>>21790113
vile and greedy. All this trouble, and for what? A few more pennies. You dirty your soul, Mike.

>>21791346
Science team reporting in

>>21785799
https://imgur.com/BSxbeU9

>>21791635
Based. Currymike forever btfo

>>21780010
Top quality stuff anon
Kek

>>21790113
can someone refute this pls

>>21792007
Hello 1 post by this ID, just sell if you can't handle currymike's fud. But we all know you're mike, you've been exposed retard.

>>21791635
Saved

>>21792007
I don't think anyone understands it. I opened the link but its just loads of random strings of letters and numbers.

Litcucks are the best
Getting bounty0x vibes

Sold all my LINK, putting the rest in LIT. All in baby!!

>>21793296
you're a braver soul than me, good luck anon
t. liquidated some of my linkies for LIT but won't sell them all

This thread reeks of newfagness
Why did you buy LIT and not RSR last summer?

>>21793296
Based new lit fren

>https://deltabalances.github.io/recent.html#0x10087ec70aec5e5ccfe487be02bfa7b99d14d12a
oh look as soon as another anon put 10 ether buy order the team sent shition to dump on him, now he only has 17k shition but don't you worry tomorrow or the day after he will get another 100k batch or they will create a new address just to hide their trace thinking

>mikefrommooncrash
this is my new name as i don't know if i should be bullish (moon) for mainnet or bearish (crash) for the team selling like there is no tomorrow

>>21793398
exactly

anyone who wasn't a fucking tard bought VIDT and/or RSR last summer instead of this crabbing shit

lol these newfags

>>21790113
The team has 14 members.
German engineers easily get 50k as a starting salary, let's say due to some lead positions they have an average pay of 65k.
According to payroll services this would amount to 78678 usd of costs per year including health care services etc.
That's 1.1M EUR or 1.3M usd/year.
Add office and supplies costs etc and they are probably at a burn rate of 2M USD/year.

So maybe they sell tokens to keep a healthy reserve of company funds?
But nah, its more plausible that Richard and Kyung left (100k+) management positions at Gasang and Vattenfall to scam some internet neets out of what? 8M USD? (doubt its that much) while they run their company for 3 years and burn 6M in operation costs netting them 2M to divide amongst a 14 member team?
Yeah that sounds like mastermind scammers.

>>21793551
Samefag

>>21793551
Just shut up. You take certain facts and then come to completely retarded conclusions. Directly answer this: Why would SAP's CTO and executive board member co-author Lition's technical whitepaper, be their main advisor and co-innovate with Lition if Lition is a scam? Why would a scam be an advisor to the German government? You literally attempted to bump your own thread and are using a lack of AMA in a while (which they've scheduled) as an indication of a scam.

>>21793973
explain why the team is dumping tokens if they are confident that LIT price will increase in the long term

>>21794028
Because its not the team selling but their former partner ADVISUM.

>>21793551
Also surely if Lition was a scam, why would they decide to harm their thriving and successful energy business' reputation to get at most an extra couple million. Surely a scam would be attempting to put LIT on every exchange that they could? Surely Microsoft and Salesforce wouldn't integrate Lition into their services? Why have EEA, EMINENT and INATBA gladly allowed a scam to become a member? If Richard was a scammer then he would be participating in the TG and Lition would be shilled all over Twitter and Reddit.

>>21794061
so basically ADVISUM who have insider information and were here from the start are selling their tokens?

>>21794028
Because it's not them selling. But anyway they have sold in the past like the vast majority of other legitimate projects. I don't know why they decided to sell at low prices before mainnet has launched. I don't think it matters. The price has risen since they sold. Maybe they wanted to get the selling out of the way so they don't crash the price in the future when it's most important they have a good reputation. You are also ignoring that they've burned significantly more tokens than they have sold.

>>21794273
>Maybe they wanted to get the selling out of the way

lol this is some of the greatest cope i ever seen

>>21790113
>>21793740
This isn't chainlink.
They didnt raise 32 Million in a 2017 hype IPO.
They raised 4.9 million in early 2019 bear market.
With 32 million you can hire 28 engineers and keep shit running for 8 years without having to dip into funds
With 4.9 million you can hire 14 engineers and keep shit running for 2.5 years.

Also what are they dumping? 300k tokens now the past week? 500k the previous time you fudded this project and went
>DERP DEY SCAMMING!!!
So that nets them how much? 40k USD now and 60k USD 3 months ago?
Wew lad they are really getting blatantly rich out of us neets.
Meanwhile sergay takes dumps of 500k Link or 6.5 Million USD every week and gets lauded as the second coming of christ.

>>21794154
Maybe management at ADVISUM are just not comfortable anymore of being invested into a project of a sibling of a manager.
You just dont know what goes on behind closed doors.

>>21794362
Yeah this made no sense, but he is the TG normie so...

>>21794154
That's insider trading, which is illegal. And even if they have been selling (because no proof has been provided) it doesn't matter at all. Unless Lition has been consistently lying to us then there's no reason to think that any insider information is somehow so bearish that they need to do some incredibly illegal exit scamming which will ruin Lition Energy's reputation.

If Lition didn't exit scam last year with the failed mainnet launch, what makes you think they would do it now?

>>21794362
>>21794460
How else would they get the ecosystem tokens into the ecosystem. Hand outs? Not a single person has answered any of questions or addressed any of my actual points in the multiple comments that I've made.

>>21794154
That is really hard to say because:

Richards brother Reinhard (who works for ADVISUM since the 90s) and their CEO left the board membership @ LIT in Spt and Oct. BUT one of ADVISUMs higher ups is still affiliated with Lition (on LinkedIn aswell as on their official website). And ADVISUM is still listed as their partners. In the same time they (Lition) have founded the "Lition Founders GmbH" which has the task to manage funds only. My wild guess would be that one of their main investors pulled out and now they need to finance their development with funds they acquired through their energy usecase and founded the company to be legally able to use these funds. But I am not even sure if that is true since ADVISUM is still listed as their partner on their website + one member is still on their board.

>>21794429
Reinhard betrayed us, we were all supposed to be in this together.
>>21794461
Not illegal this is crypto

>>21794595
>Not illegal this is crypto
This is the dumbest thing I've ever heard. Yes it is illegal. But even if we were in your imaginary world where it wasn't, it would ruin Lition Energy's reputation and it would ruin SAP's reputation. The German government would wondering how they let a scam project be their advisor. Microsoft and Salesforce would also be questioning their own auditing skills. I believe Microsoft is literally invested into the Lition company. It makes no fucking sense.

>>21794461
>That's insider trading, which is illegal.

>>21794732
>Use greentext to quote something they said
>Don't respond to the other 95% of the post
>Post a laughing Pepe
>Win the debate.

>>21794273
>I don't know why they decided to sell at low prices before mainnet has launched.

Because the will sell at high prices after mainnet launches too.
They probably have a financial plan along the lines of:
1.9M USD in the bank
Burn rate of 0.5M usd per quarter
Bankruptcy deadline: T- 4 quarters

Solution: 20 million tokens
Sell tokens to the tune of 0.25M usd per quarter.
New net burn rate of 0.25M usd per quarter.
Bankruptcy deadline: T- 8 quarters

End state: ca. 12 million tokens (unscientific ballpark estimate) in 2022 start to generate staking income for the company enough to keep it afloat without the need of further sales.
What you also can derive from this is that they will have to generate enough income from their tokens to keep their business afloat, which is now costing about 2M per year. Imagine if their 12 million tokens generate 2M per year in staking revenue. What will your stack generate then, anon?
What will your stack be worth then, anon?

>>21780010
Invest in a real doctor.
Invest in Dr. Craig Wright.

>>21794910
Exactly, Gojkira. You're starting to get it.
It's like watching a baby take its first /biz/ steps.
A mixture of amusement and pride desu.

>>21794517
>give out 3.4 million in ecosystem tokens to stakers
>sell 500k ecosystem tokens to pay your wagies
REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>>21794962
I can also make up a bunch of random numbers. But yeah they and the seed investors will be selling in the future as well. The fact that they are selling now and not later is a good thing. The don't need to sell tokens to avoid bankruptcy because their energy business is already profitable.

>>21795068
I don't know why everyone here pretends that they don't use Telegram. It's basically the only you can keep up to date. You definitely will not find anything useful here. This may also be a surprise but you can browse /biz/ while simultaneously participating in other social media platforms.

>>21794998
This is FUD. Richard is real.

>>21793973
but can you answer this simple question: why are they still selling ecosystem tokens? they stated clearly in feb 2020 that they are gonna do the token burn because they have enough funds for years, but fast forward 3 months and i cought them selling atleast 5 millios token in one month, can you explain without sounding as a retard?
also i said maybe the scammer who is selling ecosystem and early investors token are a company who lition teamed with to promote and do the ico, but all of those companies are just scams and are faking everything, this is for now just a theory with proves only from blockchain txs

>>21794028
thank you atleast there are some anon with 3 brain cells still intact


>>21794061
>but their former partner ADVISUM
so i was right again when i said maybe another company is behind all this, this is the biggest fud for lition
so lition blockchain is mostly not a scam but a legit company who wanna succeed but them giving full control of their tokens to a scam company is really big fud and which is putting lition in a hard position as this company was selling lition at 2c in jan2020, they still have millions as of right now , i will post some of the address who are ready to dump their tokens in the next few days

>>21794154
>so basically ADVISUM who have insider information and were here from the start are selling their tokens?
which means they know this shit blockchain is not gonna work but i will believe some random anon in a basket weaving forum who bought 1k$ and wanna be a millionaire instead of believing advisum who are selling at any price they can lmao

YOU JUST SHOOT YOURSELF IN THE FOOT AND EXPOSED THEM , BUT IM THE ONE WHO YOU'RE CALLING A FUDDER AND A LIAR HAHAHAHAHAHAHAHAHAAHAHAHAHA
YEAH SEE NEXT YEAR WHEN ADVISUM SELL EVERYTHING THEY HAVE AND LITION BLOCKCHAIN IS WORKING AS ATTENDED (SEE HOW MUCH TOKENS THEY STILL HAVE TO DUMP ON YOU BRAINLET)
30SEP UNLOCK
31DEC UNLOCK
31MARCH UNLOCK
APRIL TEAM UNLOCK
HAHAHAHAHAHAHAHAHA

>>21795193
>The fact that they are selling now and not later is a good thing.

Richard just came back from his vacation using travala . That’s why he don’t give a shit about you or what the cashier thinks. He knows Ava is the next bitcoin and he is going to be bloody rich.

>>21795269
They are selling ecosystem tokens because it's the best way to get those tokens into the ecoystem. Now answer my questions.

>>21795269
This is right Mike wasn't the one who figured out it was Reinhard dumping

>>21795269
HAHAHAHAHA AND I KNEW YOU WERE TALKING SHIT!!!
>hurr durr I know who is dumping! Its a some company that I wont name
>I have a THEORY which company YOU are talking about
>Mikefrommongolia is going nuts and saying IT IS indeed a company even though he himself said that IT IS a company that is selling.
>Basically taking the theory of mine and turn it around as his original guess about who is apparently
Logically fucked! Check mate you little faggot!

>>21795193
>The fact that they are selling now and not later is a good thing.
It's not a good thing. It's not a bad thing. It's the responsible thing. They are tech developers, not traders. They shouldn't try to time the market or speculate the price will be higher in half a year. Maybe Ethereum takes a giant shit towards 100 usd and crabs around there for a year.

>They don't need to sell tokens to avoid bankruptcy because their energy business is already profitable.
Lition Technology AG and Lition Energie Gmbh are two different entities and they cant funnel funds from one to the other.
Best to make both companies financially sound in their own right according to their own business model.

>I don't know why everyone here pretends that they don't use Telegram.
There's a difference between those that know about /biz/ from Telegram and those that know about Telegram from /biz/.
There's a slight type of behavioral pattern connected to it and one can pick it up. This in itself is funny. Every community will test newcomers untill they adapt or expel themselves. But large influxes of newcomers can also make the community adapt to the point that the OG's dont feel like it's the same place anymore. Kind of like the nigger influx in Europe. It's important to make either make them assimilate or force them out so that /biz/ remains /biz/ and Europe remains Europe.

>>21795667
I think the laughing Pepes killed the normie

>>21795667
> But large influxes of newcomers can also make the community adapt to the point that the OG's dont feel like it's the same place anymore.

Bruh you have perfectly described the TG since its last big influx of normans (or retarded 4chan sommerfags, idk).

>>21795667
Just recently dropped money for 1000 on LIT, and for this to have such a fud campaign going on makes me incredibly comfy about buying in, even at .14 cents which seems to be some stable support considering mainnet is due to launch anytime now. But in my mind it all depends on that. A second failure would certainly have the German government and any other big name investors in the company second guessing why they're going through Lition to solve some fundamental block chain problems. That's a big reason I chose this coin to actually slowly invest something small into and not try and flip. The case has limitless potential and at least for right low risk at the prices if you don't blow your wad on it all at once.

>>21795667
>Best to make both companies financially sound in their own right according to their own business model.
I agree. But the point I was making is that they aren't in financial trouble and they aren't approaching bankruptcy.
>There's a difference between those that know about /biz/ from Telegram and those that know about Telegram from /biz/.
I only use Telegram because of Lition. I browsed /biz/ before I found Lition. Literally doesn't matter in either case.
>force them out so that /biz/ remains /biz/
I wouldn't say that /biz/ is high quality enough to be worth preserving. You're pretending that shilling, FUD and not addressing eachothers point is a good thing.

>>21795958
>I wouldn't say that /biz/ is high quality enough to be worth preserving.
If that's what you believe, why post here?
Just leave. It isn't valuable to spend your time.

>>21793973
Any public appearance of Juergen Mueller for Lition in 2020?
Don’t think so, since he got promoted and doesn’t care anymore about his former ICN projects.

>>21796160
>If that's what you believe, why post here?
Because I'm bored.

>>21796205
Why should he show himself when there is no product for him to present (which is the blockchain). Drooling fucking retard lol.

>>21796205
Yeah that massive promotion from CIO to CTO. But we won't hear from SAP again until Lition have a successful mainnet launch. I know I'll proven right in a matter of weeks so I don't give a shit.

>>21796355
Our wallets will be proven right when it shoots right back up to .35.

Assuming that mainnet is a success, what does the future hold for LIT? If it goes according to plan and begins use, would that eventually lead to a coinbase listing? A successful alternative to ETH would certainly drive the value big time

>>21796205
>doesn’t care anymore about his former ICN projects.
His role is litterally the second thing and only current function besides CTO at SAP that you'll see on his LinkedIn.
Cope harder.

Big fan of any FUD that gets me cheap itty bitty litties

DR;NS

>>21796483
My prediction is that Lition will achieve its goal of becoming the standard blockchain for commercial and enterprise use. Lition Energy alone is a fantastic use case. The private data and GDPR compliance are pretty much the reason why this will happen. Since Lition does/will have SAP's approval, this will attract many more businesses towards Lition and it will create a network effect. This will lead to a coinbase listing but if that's your goal then you're focusing on the wrong thing in my opinion. Lition is ridiculously underpriced. We're going through a wave of FUD right now ironically right before we will see a mainnet launch and a few fantastic announcements.
>A successful alternative to ETH would certainly drive the value big time
It's not an alternative to ETH. They are completely compatible together and go after different use cases.

>>21796519
>Any public appearance of Juergen Mueller for Lition in 2020?

>https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0xc2ba04e89016f417e1219af7ef82a5b6a9214793
>https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0xa7da03047d1f734e4d07950a010044c8e395e056
>https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x8c2d9887b1f1a5d699a60bafe6bed195352c4680
>https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x1d734e70c888f7791e1d19601403fb668888df01

enjoy your bags as they only sold 700k of ecosystem tokens, still 4millions to go , that's without taking into consideration other weak hands selling or a whale abandoning the ship, also not taking into account if they still have some tokens in bilaxy/hotbit or in some dormant/cold wallet

now imagine tomorrow they start selling 1 million token? how much will the price crash in your opinion?
how about 2millions?
how about 3millions?
how about 4millions?
hahahahahahahahaha remember when i tried to help in may/june and said to sell before june and buy back in late july? no listened to me, will you listen this time anon?
always remember that mikefrommooncrash is here to help you make it, we're in this togheter, we need explanation from Richtard, we need them to stop selling ecosystem, we need an AMA, we need mainnet release date, we need new exchange


also why aren't they getting listed in bigger exchange? it will help them sell this shit at a better price and without crashing the price, but i think they really have a donkey brain and think 100k $ exchange fee is not worth it, better sell shition in idex at 2c

If lition is a scam, it's shittiest one around.
Truth is, we don't know who is selling nor why and trying to guess is kinda pointless, the possibilities are endless.

>>21796924
Still haven't answered my multiple questions.

>>21796795
They are not only compatible with ETH but with every single blockchain since they are a layer-2 solution which can be applied on any public blockchain.

From their whitepaper:
However, if technology advances and interoperability
between different blockchains becomes feasible, it is Lition’s goal to develop a “universal” layer 2 solution for all
Public blockchains.

Their next layer 2 solution will be on Tomochains mainnet which will make the transactions very cheap for the banking use case.


>>21796924
4 mil token?!? OH SHIT almost half of my bags. OH SHID OH FUG HAHAHAHA.

>I had a good prediction ---> I am god guys. Please go suck my dick now

Kek

12 hour shift on this thread, thanks to all who made it what it was
And Mike, best if you don't post in any future lit threads, just make your own thread and samefag away to yourself

I got myself 10k LITties

The only reason I didn't go deeper is I don't wanna get dumped on with the recent price hike. Wish I'd heard about this a month ago.

>>21797504
I'm perplexed at his drive to post in lit threads so much. If he's interested in making money, why wouldn't he just quietly sell, then buy back after the ecosystem selling dip? I'm suspicious of his intentions.

>>21797890
He's obviously clinically a bit crazy/autistic.

But what if he is right?

>>21798371
He isnt he is locked into stakes and wants to get another trust node, he knows lition is going to be a billion market cap once the mainnet transactions ranp up, were all going to make it guys, we just need to chill and get comfy

>>21796833
No. You desperate hypefag.

>>21796924
If you follow the adress that did the burn you can find more.

Burn adress: 10,611 LIT
https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0xcc39d5b31f39e0a1b70ae25dd91829abc776c872

probable temporary hold adresses:
650k LIT
https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x38b41a1cc9481bef10bc91c980ace6b8bf0a3e29

710k LIT
https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x7c8e128c3dfde44e9f9ef841068c4be192ad3953

669.5k LIT
https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x406a5f6baa97b8ce7619ccabb9ddbaaedff2b98a

690k LIT
https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0xc2d2c1cc5d5bbde8ee612f200a5590ff46209423

690k LIT
https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x9b0dd820571bd894c943db6f5bbf94f6145115f7

430k LIT
https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0xeb58c3ac214ee0d9e71ee99eefede959c5beb505

674k LIT
https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0xe5ef5eb78d340ae4a802c06e0df93fe806c0005c

6k LIT
https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x868209b6945cd7adb3a4c7514d2c68d6969309c4

Total: 4,525M LIT (value 588k USD)

Active non-zero lit Dump adresses:
25k LIT
https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x58b273ef12a51398340d33e102f78635167aae94

10k LIT
https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x8f84cd32516d4bdddaababbe45e576e4d1933a3b

1k LIT
https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0xbb25a0c2c85cb8233811e30fcd0e1f1bc31c0398

107k LIT
https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0xc2ba04e89016f417e1219af7ef82a5b6a9214793

Total left: 143k LIT (value: 18590 USD)

>>21798883
So yeah total scam guys. Richard and Kyung are jeopardizing their reputation and working their asses of for 3 years in order to get away with 300k each.
No you doofus they probably have a policy that as long as the usecases arent making them revenues they are going to dip into ICO sales for 70% of their expenditures and fund the rest with token sales so that the ICO money lasts them a bit longer. It's normal and it's a responsible way of doing business.

>>21796924
>https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x1d734e70c888f7791e1d19601403fb668888df01

Also fairly sure this is just an early invester, sherlock.

>>21799000
FUCKING CHECKED HOLY FUCK

>>21799000
Not even that much.
I haven't read any of this thread but the fact there are so many memes and so much fud is bullish as be fuck.

>>21799000

>>21798883
Forgot this one
840k LIT
https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x5047221427f61bb9fb9ee652753f837653e4b946
But then this one is a smart contract adress for other purposes:
674k LIT
https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0xe5ef5eb78d340ae4a802c06e0df93fe806c0005c
So that brings the temporary hold adresses to 4,691M LIT

Then we have the smart contract adress that is now being used to pay out early investors etc.
34,75M LIT
https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0xa7d77697427f2569de74f077728bd28ef4f94ccc

Then we have an adress with 10.6M LIT
https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0xcc39d5b31f39e0a1b70ae25dd91829abc776c872

One with 7.6M LIT
https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x92126dfa40af12ae742660cbe2f680e895a8cfa1

And one with 5,557M LIT which was used to distribute the staking pool.
https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x868209b6945cd7adb3a4c7514d2c68d6969309c4

All the other top 50 wallets are legit investors or staking pools.
I see nothing wrong with this desu.

>>21796924
another whale abandoning the ship (he still have 1.1 million token in bilaxy)
>https://deltabalances.github.io/index.html#0xcf0e14481961bca1b06695096dd04f1048e97e0b


and let the washtrading begin
>oh yeah some whales are buying cheap lition nonstop for 5 minute, we all gonna make it
>uh wait a minute why is the price not going up?
lmao hahahahahahahahaha

The price just dumped even more

>>21799564
I'm gonna go deeper into the staking ones now.
We have 5.557M in this staking linked wallet.
The staking wallets themselves hold 17,252,965 LIT
Meanwhile the staking pool website says it holds 30,589,018 LIT.
This doesnt add up.
Even if we assume that this wallet of 4.2 Million LIT is part of the LPS ecosystem then we fall short of about 3.5M LIT
https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x7a79868b8375131b4c6a681b112109a51eea0a6c

This 3.5M Lit is fairly similar to the 3.4M that the staking pool website says have been the total rewards for the pool so we can safely assume that these tokens still need to come from one of the top 3 wallets.

>>21800595
Mark has already addressed this. I can't remember the reason but the amount on the staking pool website is correct. Maybe if you actually were in the TG group instead of constantly talking shit about it then you would have already known this.

>>21800595
>>21800741
Never mind wrong person.

>>21798883
>>21799564
>>21800595
Thus to recap Lition team controlled adresses hold 4.83M tokens in smaller than 1 mil adresses (probably used to buy and sell)

The 5.557M adress and the 4.221M adress are part of the staking pools system.
The rewards that have already reached 3.4M tokens are not yet included. Probably these tokens will come from the wallets that have been set aside in either the 7.6M one or the 10.6M one.

So as of now the top 3 wallets hold 52.95M LIT of which
3.4M LIT is allocated to the staking pool rewards that have already been allotted.
14.1M LIT is allocated for future seed/advisors payouts.
2.95M LIT is allocated to future team members payouts.
19.5M LIT will get burned.
6.08M LIT is allocated to future ecosystem payouts.
7.15M LIT is allocated to future community payouts.
It checks out.

So the maximum amount that the team can possibly dump is 4.83M tokens they already hold and perhaps a part of the 6.08M of ecosystem unlocks (and the 2.95M but that is their personal stash.)
The whole notion that the team can dump in perpetuity and is exit scamming is absurd. They have max 10M tokens that they will be able to sell over the coming years, which is 16% of circulating supply.
Meanwhile sergay is dumping 500k a week and has 616M Link left to dump, 160% of circulating supply. This is so fucking bullish...
More info here:https://medium.com/lition-blog/lition-token-distribution-and-supply-update-4a62bdeff9c6

>>21780115
>>21780274
>>21780640
>>21780288
>>21780786
>>21788474
>>21790671
>>21781301
Decided to share this to weaken this type of FUD.

200

>>21797833
you are early as fuck, you will regret not buying more

Also, wtf guys lition thread top page alive for 24h WTF?

>>21802141
You jinxed it.

Posting in legendary thread

>>21802485
Top of /biz/

>>21799000
>>21802666
Scored two trips as well here.
Today was a good day.

how high can this coin go?I was thinking about this coin 1 year ago and now it lost nearly half if not more of its value.

>>21802799
This is a top 50 coin easily.
Figure out what Mcap you think you'll need for top 50 the next bull market.
Divide by 100 Million.
There's your answer.

>>21802799
50, not memeing, 50

>>21802141
What's the suicide stack?

Though I guess it's a dumb question, if this makes it I'd expect a 100x and the rest is up to what each individual considers sufficient.

>>21802962
>>21802980
so in the top 5s that have a maket cap of over 310mil huh but what about the price of 1 lit?

>>21802962
>>21802980
>>21802799
Top 50 is fud. Top 50 would be what LIT gets if it doesn't achieve its full potential. Top 20 or 10 if it does. You guys really need to understand that lition, if successful, could set off a blockchain renaissance. Widespread adoption would be made possible with lition. It's the token of cryptocurrency's future, bros. If not internationally, at least in Europe.

>>21803223
>>21803130
>>21803123
>>21802980

I mean at least 50$, american freedom jewish dollar

>>21803345
are you sure?I can get around 1000 lit for 110 euro right now (im tired so the number is probably wrong).is that the highest it can go or will it breake the 100 long nose money mark someday?

>>21803580
Nobody here has a crystal ball, friend. Look at the market caps of current high-performing coins, make a judgement call on where this one could potentially fit, factor in possible overall crypto market growth and do the maths.

>>21803345
Oh I see. Yeah I could see 50 USD per lit in the future. We're a while off, but if this token gets adopted like I expect it to, it'll be a long, sweet ascent to the top.

>>21803580
If you blindly listen to people here then 9/10 times you will lose money. Literally no one knows exactly what the price will be but we have a lot reasons to believe it will be a lot higher than it is now. However, Lition at $100 would put it at a $10 billion dollar market cap. In a fully mature crypto market where Lition is the leader of European commercial blockchain use, then $100 would be the bottom.

>>21780436
>no coin has justed me as hard as lition
what the fuck price did you buy in? Are you retarded?

>>21803667
This. Only thing my crystal ball says is gifrelated.
Stocks are 100 Trillion worldwide right now.
In 10 years that could be a lot more.
I think 10 Trillion for crypto is entirely plausible.
Current #10 in Mcap has 1% mcap dominance.
So future #10 could get a 100B Mcap.
Future #10 could well be Lition.
1 LIT = $1000.

>>21803667
I might but not today (tired)but I do understand that this coin exist in vacuum as far as public awareness of it goes so a 100x is actually quite easy.>>21803878 I think having at 1000-5000lit could be a good option as of now.I can still sell it in case it goes x10 gets bear'ed afterwards.

>>21804087
Swingie littie

>>21804103
5k LIT and you can stake in the staking pool.
It's the suicide stack.

>>21803223
Simply allowing people to use Lit to pay for electricity could cause an explosion in price... people would start to hoard Lit as it is in limited supply and they expect it to go up... then it does go up because people arent selling it... then they buy more then they tell friends to buy then the price goes up then they buy more then they tell friends to buy this is how bubbles are caused... a positive feed back loop

Only in litions case the publicity brings the energy company into the limelight causing an explosion in new customers and instead of the bubble popping we blast into a new paradigm With Lition Energy taking hold all over europe and then the rest of the world

Bitcoin was a revolution Ethereum was ground breaking Lition is the “killer app”

There is a slim chance this happens but youd be a fool not to at least buy the fucking ticket

>>21804150
I honestly forgot what staking was so Im gonna take a look now.

>>21804089
You are absolutely right but crypto market cap and stock market cap are too very different things. Market cap for crypto is basically useless for gauging the overall value. Often crypto market cap significantly inflates the actual value and net money invested.
https://medium.com/@mtcore_/crypto-market-cap-vs-stock-market-cap-74effccd0826

>>21804167
>There is a slim chance this happens
I disagree it's that slim.

>>21804150
hmm not bad,660euro for a sucide stack is pretty good even if I barely make money by staking.

>>21804167
I don't even think it's slim. I think it's likely. Honestly, it all hinges on a successful mainnet launch. That's why I don't care about ecosystem selling. It's a drop in the bucket when it comes to the overall price. I went through the dump from 0.12 to 0.045. I can handle going below 0.10 from this pump.

> However, Lition at $100 would put it at a $10 billion dollar market cap. In a fully mature crypto market where Lition is the leader of European commercial blockchain use, then $100 would be the bottom.

And with how much is being staked I can’t imagine the price would stay that low! LIT is truly designed to skyrocket is value is all goes according to plan. Can’t wait to live off my staking rewards.

This thread went from a pajeet fud campaign to an actual discussion of crytpo economics and how LIT fits into it. So glad I hold this.

>>21805183
Yeah im not selling ever im in for the ride

P.s can some burgers keep bumping this till we clock back in tomorrow morning thanks

Based rare quality thread

>>21805416
I'm guessing I'm one of the rare burger LIT holders, because only 3000+ wallets hold this and IDEX doesn't let us trade this on their site. I had to get Uniswap for this.

>>21805416

Ausfag working from home reporting in

Ok, thats it! I am selling all my LIT for VIDT.

>>21806086
Implying that you have any Lition and you're not the same VIDT shill that we've seen everyday for the past few weeks.

>>21806086
LIT makes VIDT obsolete, token not needed

Here's a good post back in May that I think applies to our current situation as well. This was back when mikefrommoon first started to spam every thread.

>>21801832
nice shop

>>21807704
You can tell it's not shopped just by the words that he used. It's very consistent with Richard's own dialect. But please continue to bump our thread VIDT shill while we wait for the Europeans to wake up.

This will be so fucking huge, people don‘t know what kind of gem they‘re missing out while trying to fud this. Stay poor.

>>21796795
>We're going through a wave of FUD right now ironically right before we will see a mainnet launch and a few fantastic announcements.
>mainnet launch and a few fantastic announcements.
>advisum is selling everything they have before mainnet launch
>he know better than a company with inside information and also the brother of Richtard work for them
ngmi

>>21796966
> we don't know who is selling
yes we know, team addmited to selling ecosystem, and now advisum with inside information selling their early investors tokens before mainnet launch, if that doesn't rise any alarm to you i advise you to stop investing in crypto because you're the kind of person who will get scammed with bitconnect and defi shit

>>21797504
>>21797890
sorry you donkeys that not gonna happen, i will post every single day until the price go to zero or the team and advisum stop selling and crashing the price, instead of being in my side you're defending them selling millions every month

>>21798883
>https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x5047221427f61bb9fb9ee652753f837653e4b946
yeah i forgot about the 5.1million tokens sent to mutiple different addresses, i think this is also some old ecosystem tokens who will get dumped when we approach mainnet release, so they have alot of tokens to sell, that's why they are selling non stop and not waiting until mainnet launch

>>21807912
Richard left lotion long ago dummy

>>21808511
Look it's so clear that you are ftp I don't even know why we all have decided to act like you're not. You spam threads like him, you are just as argumentative, you do "deep dives" just like him and you're bipolar just like him. You're even active throughout all time zones just like him. This is your third hissy fit in an attempt to buy lower. It's embarrassing.

>he know better than a company with inside information and also the brother of Richtard work for them
Yeah... I would say that I know a lot more than your interpretation of what is going on. You still have refused to answer a single one of my questions.

>>21807342
>don't listen to this organised FUD, they spread fud to buy cheap
hahahahahahahahahahaahahaha are you even for real dude? if you listened to me you would have sold the top and bought the bottom and here is my prof:
>>>>/biz/thread/S20009237#p20014064
>June 29
>i told all of you to sell before june and buy back in late July or beginning of august, but no one listened


i can't even imagine how some people like you still exist in the technology era

.

Hey you little alt right, nazis and Trump supporting scumbags!

This is the Lition team and we hereby publicity distances us on social media from the notorious imageboard /4chan/.

This shithole here does not reflect the corporate values of Lition and SAP and we don’t want to be associated with.

We just started a social media campaign with the Berlin Antifa soon and dump token on you bastards until we don’t see Lition memes here anymore.

Juergen Mueller will immediately drop his advisor role, after we send the Lition Nazis pepe memes to journalists of the TAZ and Sueddeutsche newspaper.

https://twitter.com/lition_energy/status/1154721318279008256

#LitionPride #PrideMonth #FridaysForFuture

>>21809266
1) Hi ftp
2) Yeah you've provided proof that your FUD campaigns work. Congratulations.
3) Still haven't answered my questions.

>>21809306
I feel sorry for Richard and the team because their core supporters are pretty much all from 4chan. I'm surprised they lasted this long.

>>21808805
not ftp shit head, i was in telgram in jan2020 and got banned for rising question of the team selling tokens nonstop, after 4months they addmited they were dumping on everyone and tried to hide it in a public blockchain lmao bird brain

but answer me first:
do you really believe you know better than advisum? the company who did their ico? the company with 1bl $ investement? company with inside information? company who is selling their free early investors token as soon as they get them? company who is selling before only 1 month of mainnet instead of waiting until end of q3? especially that they don't have any token unlock at the end of q3?
you know better than the brother of Richtard who work for advisum and can give them every information about his brother Richtard ? who has inside information and know how things really are?

sorry buddy but this is some next retardation, you have a rare illness and your only cure is to stop using the internet for life or better stop talking to everyone in this planet so you don't spread this disease like corona virus


>Richtard:if you only knew how bad things really are

>>21809459
It will be easy to prove for the journalists that the 4chan activities were at least acknowledged.

There were multiple questions about 4Chan posts in the TG channel and Twitter.

>>21809739
Mikey, do you think you got banned for asking the question, or being a bitter autistic spammer?

>>21809783
not gonna lie i spammed a little bit but what you want me to do when i see them lying and saying shit like bep to erc20 bridge which was the biggest lie ever, more than selling tokens
im amazed how no one notice this shit even if it is infront of their eyes, are all of you have an iq lower than room tempirature?
you don't need to be a genius or have any prior knowledge to notice the bep-erc20 bridge lie, blockchain never lie, blockchain give you raw data and you just need to connect them together to get some useful information
seeing that we only have now 2 whales still holding this shit proves that people with millions of dollars never interact or waste their time in social media, they browse this threads to get informed but never post, so all of us here are just small fish who want to make it with suicide stack (100k is suicide stack for me)

Bump

>>21809739
>but answer me first:
No. You did the same thing months ago. I would ask you countless questions. You would ignore them. I would remind you multiple times to answer them and every time you either didn't acknowledge it or you would ask more questions. I answered your questions then you continued to ignored me. You've literally done this earlier this thread. I've already answered your questions. I'm not going to waste my time and answer more of your dumb questions which I've addressed in other threads. You caused some people to lose out on significant gains because you wanted to buy at 12 cents instead of 15. Go fuck yourself.

>>21810031
we will never make it without atleast 10-20 whale holding long term and that a fact

>>21809739
>He is still running with MY THEORY that ADVISUM could be selling

Lmao retard. Not selling

>i was in telgram in jan2020 and got banned
>And still here you are fudding the shit out of Lition even though you had a lot of possibilites to sell

Makes me think. You are defo not ftp since he can atleast write in English unlike you lmao.

To your FUDing spiel:
>Haha if I ask a lot of question no one can answer with 100% certainty then weak hands will be btfo

Pathetic. HAHAHA

>>21810047
so im the one to blame and not the team selling ecosystem right now or advisum selling early investors tokens in the past few weeks? interesting take dipshit

>>21810115
Advisium selling investor token ATL is supposed to be a smart move?

>>21810115

Mike sir a few weeks ago you went back to being bullish when we were pumping why are you back to being bearish and calling it a scam. Such flip-floppery will land you in kleros court if you are not careful sir thank you

>>21810314
yes it a smart move if you have some big bearish inside information, don't tell me you also think you know better than a company with 1bl $ investment? see >>21809739


>>21810323
i was bullish because early investors sold almost everything at that time (approximately 3.5ml from 4.7ml) but suddenly the team also started a few days ago selling ecosystem tokens nonstop, is this bullish to you? advisum and team selling before their biggest announcement? none crypto devs ever did that be it a legit team or a scam, they will always sell the news and not sell the rumor

buy the rumor sell the news is the golden rule in a speculative asset, but here they are selling the rumor which means there is no good news
blockchain data and analysis never lie, you just need to remeove the donkey brain and put back your human brain to see the truth

you will see in the next few days the team sending millions to idex and market selling, just remember this time the price was at 0.00039 when i saw them starting selling ecosystem tokens and now is at 0.00031 and soon it will crash further if they don't stop this shit

i will turn bullish if they stop dumping, until then im bearish

just wait and see and remember: mikefrommooncrash never lie and always here to help poor anon make it

Ironic. The Americans kept this thread alive and yet the Germans can't.

>>21780010
Nectar > LIT. Lition is a scam. Ya gonna get Jibrel'd. WHERE'S MY FUCKING MONEY TALAL.

>>21810047
See guys...
Have confidence. If you doubt your investment its time to take a moment and ask this question:
What would Peppa do?

Based ftp doing God's work, he blatantly admitted he needs to bring the price down to get more LIT for the trust node

>>21811731
This is probably the last or second to last dip for /biz/raelis to strike.
Soon we'll never see sub 20 cents again.
You had two years.

>>21811731
Its not ftp. This is some third world streetshitter. Just look at his English lol.

damn, this thread really still up?

ATTENTION KIKES I'LL NEVER EVER SELL MY LITTIES
LIT AT 0,05? DIDNT SELL
LIT AT 0,10? DIDNT SELL
LIT AT 0,20? 0,50? 1? DIDNT SELL
IF YOU EVER WANNA SEE MY LITTIES AGAIN YOU'LL HAVE TO PUMP THE PRICE TO ATLEAST 100, IN WHICH CASE...
IM NOT SELLING
FUCK NIGGERS FUCK KIKES BUT MOST IMPORTANTLY

FUCK JANNIES

>>21812089
Beyond based just bought a suicide stack off this post alone

>>21801521
Thank you based detective anon

>>21794273
>Maybe they wanted to get the selling out of the way so they don't crash the price in the future when it's most important they have a good reputation.
Top kek

>>21811858
True but ftp is autistic enough to fake it

Is this biggest lit thread ever?

Reminder than mikefrompakistan

>admitted to fud in order to suppress the price and buy more
>was caught samefagging
>never answer questions
>extrapolates on non-issues
>is a bipolar maniac

Hope these litties stay cheap for another couple days so I can finish accumulating my suicide stack

So ftp is mikefrommoon? Ftp the autist who likes to tell everyone that he has 250k tokens in lition telegram every single week? So on 4 chan he is fudding so he can buy at low prices and on telegram he is kissing the admin's ass for a trustnode? Crazy piece of shit.

>>21781531
no freemasonry. keep that faggotry out of here.

It's so simple. Just wait till news. Q3 almost over.... If they don't have a working product by then it's GG.

Just keep an eye out. Don't dump now. Hodl. And don't believe the fud untill mainnet is released / fixed / news

>>21813302
apologie for ask, but what is suicide stack?

>>21813647
5k.
Make it 50k.

>>21813364
>Ftp the autist who likes to tell everyone that he has 250k tokens in lition telegram every single week?
Every single day. Like every single day he repeats he hopes to be selected for the trust nodes.

>>21813098
Yes I'm so proud right now it survived the night for the first time

>>21780010
it looks like you met RiChad

>>21814053
It got very close
>>21810323
>>21811271
Soon we'll hit the post limit consistently, anon. Then when LIT hits $10 we'll buy out this site and jannies will have no choice to just sticky the generals.

Based Lition $10 EOW

Omg we did it thanks all for keeping the thread lit over night

We still going strong from last night? Not bad.Time to pick up more, thanks for talking the price down Mike

>>21813364

The autism transcends time zones

ftp doesn't sleep for days during hist autistic sprees

>>21813364
>>21814013
Pic related I'm almost certain is mikefrommoon in may 2020. He was muted and then deleted his account.

>>21814488
>I trust the blockchain, blockchains can't lie.
It's so irritating when he keeps on saying that.

>>21814488
Who deleted his account? Ftp is still in chat?

>>21814488
Isnt that Markus?

>>21813675
50K, that seems a bit steep, I think 40 will do man

>>21814622
Mike isn't actually ftp. Love or hate ftp at least he adds some value to the community. Mikefrommoon has no positive features. What makes them similar is that they both constantly spam their autistic rants, they don't get any sleep and they greatly overestimate their value.

>>21814702
50k was the amount agreed upon when it was 5 cents.

>>21814622
One of his other accounts

litty stay shitty 2c end of Q3

>>21814488
is he wrong though? is that fud or reality and facts?
not ftp and not this dude, you can even ask the admins of the 2 groups to check if there is someone banned in the begining of 2020 with them name "mikefromloon"

WTF WAS THAT DUMP AAAAAAAAAAAAAAAAAA

>>21814848
He wasn't using that username idiot
Anyway I don't really care, fuck off mike and his impersonators

>>21814848
If that account is not you then the person must have copied and pasted something you said because those are your exact talking points. Also you wouldn't have to have the same name even if you are the same person.

I don't think we've ever actually addressed what a dumb name mikefrommoon actually is and how much you seek attention by adding your name everytime.

>>21814756
fair enough

>https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x7a79868b8375131b4c6a681b112109a51eea0a6c

oh look something is going on right now, wait maybe it just a simple transfer oooooor another idex dump hahahahahahahaha


also can anyone point me in the whitepaper to where it said the team can sell ecosystem tokens ? aren't the ecosystem tokens for paying stakers? what about community tokens what purpose do they have? are they the one to pay stakers?

also i like how no one is questioning them about faking 15 millions tokens in staking, there are only 15ml in 14 pool so where are the other half?
>tg admin:uh trust me dude the numbers are correct, there are 30 million tokens staked
>also tg admin: trust me dude those txs are coming from bep to erc20 bridge
lmao

>>21815195
>also i like how no one is questioning them about faking 15 millions tokens in staking, there are only 15ml in 14 pool so where are the other half?
There is a proper answer to this but can't find it right now, maybe a TG normie can dig it out for you

>>21815195
Hi ftp. Say hi to your friends/alts: mikke, trill, senor clown, joe exotic.

>>21815257
>>21815393
waiting for answers, no rush

Stop bumping this scam you clowns

>>21815431

>>21815431
Here you go
Some of the tokens from the LPS contract have been moved to be vested in the LitionRegistry to run nodes. Eventually, it will all be vested to run nodes but we can't do that yet. This is where most of the discrepancy comes form between the "total staked" shown on the website and the amount you see in the LPS contract. There is also ~1 million tokens in the LPS Validator account.

>>21815532
Go to bed Mikey

$1000 is fud theyll never get us to sell iron hands are locked into stakes anyways

why is the team sending tokens to the washtrading addresses? are they the ones behind it? faking the volume like how scam exchanges do?

>>21780010
Lition? More like Shition because it’s so shit haha

>>21816305
It's not wash trading bots, they are spread trading bots.
Learn the difference.

>>21816440
Haha true. Sold my 1 mil just now haha

>>21816305
https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x58b273ef12a51398340d33e102f78635167aae94

>>21816440
Haha thats brilliant ... haha i get jokes

>>21816476
>>21816488
>https://executium.com/trading-system/342384-what-is-a-spread-bot/

a spread bot is to put your order buy/sell first in the order book so you can profit from swing trading especially if there is a big gap between sell/buy order

but here we see the 4 washtrading addresses are only buying from each other

0x900873d1378c26a71bdd499553f470a97ff752a4
0xed61139c781595f1e32d194780fac92caa6dee8a
0xa1cc6aee12269ea2f1e7a940a117fe6302f10ba2
0xcfca3d48d935c824bc195cd54e28d829ce96634b

ctrl+c any of the above address

ctrl+f ctrl+v here:
https://api.idex.market/returnTradeHistory?market=ETH_LIT&count=100

and you will see how they are faking the volume

>>21816477
Buy high, sell low. Doing it right, anon.

>>21816646
>implying it's not going to go down to 0.075 in September

>>21816724
>implying you are able to predict the market

>>21816629
Probably the team has liquidity providing bots that trade at a loss and they use ecosystem tokens for that and this gets exploited by a bot from someone else that is just outperforming and tricking the team's bots into buying high and selling low.
That would be my guess.

>>21811799
this, biz likes to buy pumps at $1.20 or memes. They cant be bothered to do actual research. Especially for something like this. They cant believe its this cheap. Ill be posting smug pepes when mainnet launches and it goes to 1-2 dollars.

>>21816764
What makes you think there is going to be a working main-net in September?

>>21817097
What makes you think that your smugness is justified? I am not selling and I will be laughing once mainnet is out you little faggot.