/biz/ - Business & Finance

Look at the whole market. Also stop watching price daily and get a life. I sent this while pooping at work.

>>23316484
Ffs anon, how long have you been in this market? Never heard of 'buy the rumour, sell the news'? This was expected. Always a short dip after news before the fireworks start

You actually bought this baby green dogshit coin lmfao.

Listen kid
richard aint a real doctor
the energy company is filing for bankruptcy
and mainnets been broken since march

you were rugged from the start should of sold at .40 cents like me.

It's Tesla isn't it. The announcement in two weeks. It's Tesla.

>>23317038
Unironically $100 after that

You people still havent given up?
This is the ultimate shitcoin and noob-trap

t. Fell for the LIT noob trap last year and sold this summer

>>23317126
Damn, I wish

>>23317247
ftp has been critical of Lition in the past, but he was bullish after the AMA, so I am as well.

Here is what he said:

"I liked the transparency the team (especially devs) showed. I wrote this on Telegram about two important things the devs said in the AMA:

- Node operators need to be known by the team until they come up with a technical governance solution (the ability to remove bad actors automatically)

- It is pretty easy to transition to a different layer one chain (from Ethereum). They just need to create a new smart contract on the new network and make sure to call the appropriate smart contract method.

I also appreciated Dragos talking about how they tested all sorts of scenarios (including multiple nodes going down) and the network correctly stalling and then working again as the nodes came back online.

I thought they made it obvious what would be on their late 2020/2021 roadmap:
- Continued integration into their energy business and new document verification sidechain (likely 4-6 weeks)
- Automated governance solution to allow any node operator into their network safely (this will drastically reduce the demands on the team to vet node operators and expand their network)
- Another Level 1 integration (likely Tomochain)

What I liked about what Richad/Kyung said:

- Richard said to expect a Mainstream exchange listing at the end of the month (they are currently negotiating the terms).
- Richard took my question about how they plan to use team tokens and he mentioned increased marketing as a main use.
- Richard stated that the Lition organization will not need to continue reimbursing stakes for the genesis phase, since they will be making enough in transaction fees to cover that cost.
- Kyung teased a major announcement/partnership happening in two weeks.

I wasn't overwhelmed with Docmosis (since it isn't a big name) but I'm happy to see another production use case.

Overall, I was happy with the updates and am bullish for the future."

>>23317247
please explain, why is this a noob trap?
A company with real world use?

>>23317304
Well real world use doesn't mean it's good. I mean all cryptos besides XMR and a handful of others are all useless monopoly coins and that is the truth.

As for LIT it just... doesn't perform and has no future. Look how bad it performed during the annual summer bullrun. It's just an overall shitcoin

>>23316484
SHITION
I am telling you anons for weeks already. Literally. But there are retards here who think I am fudding. And who will say the same thing in 3 months, just as they did the last 3 months.
Some honestly don't learn. Not every critical comment on a project is FUD to buy more.
>Inb4 no Argument
I discussed my POV in several lit General threads

>>23317302
It's weird how you post this like it's a proper statement from an industry leader or lition partner, when it's just the retard that is ftp. ARE WE MEANT TO CARE?

>>23317038
It's shit like this that creates dumps huge expectations not met. We had a great AMA for long term holders but short term are gonna sell from too much hype.

>>23316853
Can confirm Richard’s doctor credentials are proven to be fake. He has a Panamanian doctor certificate that he bought from a street vendor

>>23317568
My main problem with the AMA was that Richard didn't give himself enough screen time, he should host at least 80% of it. No one wants to hear from unpaid interns wearing goggles. And it was weird that he didnt take the major announcement coming in two weeks (Tesla and SAP) for himself.

>>23316853
all this fud is growing on me
too bad I staked my tokens for another three months, guess I'll just stop watching the news and enjoy the ride, good or bad I can't do shit about it.

it's barely moved that much especially considering the low liquidity. just relax.

>>23317664
Dude neither tesla nor SAP are in any way confirmed and likely definitely won't be, don't overhype and be pleasantly surprised if it does come true

SHITION
MAINNET BROKEN
RICHARD IS A FAKE DOCTOR
USELESS ENERGY TOKEN
TEAM DUMPING
VIDT DID BETTER
NOOB TRAP
MIKE WAS RIGHT
ADAM DID NOTHING WRONG

>>23317733
Tesla is baseless rumor started by people on 4chan but cmon SAP is all but confirmed, their cto co-authored the whitepaper ffs

I was ok with everything you'd written until
>>23317767
>ADAM DID NOTHING WRONG

>>23317807
>Tesla is baseless rumor started by people on 4chan
Actually Adam Salam and renew started the rumour today on TG

>>23317689
This, if we went to 9 cents you could call it a dump but we are still over 12 cents so op should stop crying.

>>23317546
Well ftp has been a crucial member of the community since I've been following the project and he's basically one of the few people I trust to give an honest opinion (plus he's super smart).

>>23317868
I first saw it here weeks ago

>>23317733
The cto of sap co wrote the whitepaper. Tesla on the other hand is never going to happen.

>>23317932
Tesla gets mentioned on here sometimes, but I'm talking about the new rumours based on the AMA

>>23317247
>sold in summer
Based retard.

Adam Salam Alaikum Boom

>>23317868
Where? They haven't mentioned Tesla in the main chat at least.

Tesla rumours are ridiculous.

However.
>They already have an ROI of 20% without any help from big partners. With still a possibility to 100x their revenues in Germany only.
>Exchange listing coming.
>Big event never done in blockchain happening.

>>23318107
I sure did faggot and I'm glad I did. I bought MEME after I sold and x20
As I said it's a piece of shit coin. You will never see it mentionned on twitter or youtube by "crypto people" because they all know it's a piece of shit.
Not like it's a new unfound gem or something, its been out for a year and a half, everybody knows about it

>>23318198
Legos in blockchain confirmed

>>23318226
You are trying to convince yourself that it was a good choice because you don't want to feel regret when lit takes off. And you don't wan't to buy again because you convinced yourself it was the good choice to sell. You are ngmi, I am sorry.

>>23316484
>>staking has good APY
No one wants to stake a coin that gonna go down

>>23318168
Based
>>23318194
In their little faggot side chat

>>23318297
Let me guess, you first purchased LIT back in june, july or august didnt you, newfag? Or even worse you actually got into crypto this summer?

>>23316853
>the energy company is filing for bankruptcy
Source?

>>23318418
My first crypto purchase was in february 2017, it was siacoin.

>>23318464
You've been early 2017 and still havent made it?
No wonder you havent made it if you waste your time on shitcoins like LIT

Look you might x2 or even x3 your money over a year holding LIT, but I'm telling you you're losing time with this shitcoin. Just look back at this summer and all the crazy gains you could have made by holding something else. And that's my last reply, just buy the whole LIT balance if that makes you happy

>>23318107
>>sold in summer
why retard? Isn't good to sell in summer?

>>23316609
>Also stop watching price daily
T H I S

>>23317913
>plus he's super smart
You must have extremely low standards.

>>23317868
someone fell for the meme: huge tesla x lition, great crypto x tesla...

what a beginner. lel

>>23319172
Fuck off Adam. Btw they're laughing at how retarded you are over in the general

You guys are pathetic. Retards, every one of you. When LIT takes off like LINK will, you will cry, just like the last time. Too smart to hang out on Reddit, too dumb to pick the good projects. Stay poor faggots.

Is there any actual evidence for the Tesla x LIT claims? Is Tesla opening a factory in Germany? Are there talks about Tesla looking for alternative energy providers in Germany?

>>23319399
no, its just a stupid crypto-meme. many projects are dreaming of a partnership with elon.
and yes, tesla is bulidng a giga factory near to berlin atm, berlin the city of lition.

>>23319651
Hm. I still think the big announcement is going to Richard's onlyfans solely dedicated to cum tributing Luisa.

>>23319397
You aware that most crypto projects "don't make it" right? Some coins just stay in the 350-700 rank and that's literally all they do. Forever

>>23319814
This is the most plausible thing I read today

>>>staking has good APY
No one wants to stake a coin that gonna go down

just some speculations... it could be the case that the big "announcement that crypto has never seen before" could have sth to do with the german "dena", deutsche energie agentur (german energy agency, a german government organization for the kraut energiewende). see, they know lition and its hip to invest in blockchain for german hipsters.

see:
https://www.dena.de/en/home/
https://www.dena.de/fileadmin/user_upload/dena-Studie_Blockchain_Integrierte_Energiewende_DE4.pdf

>>23320336
You must be a retard.
Lition now has a usecase that already pays approx. 1 million USD per year in fees to use the network. This million dollars is going to stakers. And this usecase is growing at a very fast pace and other usecases are being added as well.
Yeah sure next year it will generate 5 million USD yet the coin will have halved in value and stakers will receive 200% ROI. Sure buddy. That's how it works. Have a lollypop, little fella.

>>23320450
based anon that uses his brain accordingly.

>>23319814
Bullish

>>23317664
Patricio gave us some very good news and yet no one seems to be talking about it. Also Dragos did explain how a lot of the details behind the technology which was helpful.

>>23320794
ftp was the only person talking about that... I got bored and couldn't pay attention to the tech details

>Big event never done in blockchain happening.
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
i really wanna see your face when the big event is just a justin sun fake ass event announcing hiring a new secretary for Richtard

>>23320870
I deleted it to change the wording so you timed that absolutely perfectly. But anyway ftp never mentioned the fact that the energy transactions still haven't been transitioned onto the energy sidechain.

>>23320926

sold my bags at 0.14+ made 11 eth out of it thanks for shills am rejoining when it dumps to 0.1 before ama again

>https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0xf7820863096f33917a6b990408919186ad5300e5

oh look who is at it again
as soon as the price recovered a little bit
and bagholders still wonder why is this shit always crash when it reach 0.0004eth