/biz/ - Business & Finance

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40 away from limit, you mong

Generalmajor reporting for duty

Tfw next paycheck can't get here quick enough :(

>>23547248
And a wrong number, delete your failed thread op

>>23547100
Still slightly negative ROI. It hasn't even begun yet. Binance + a great partnership announcement = 30-50x in no time.

most comfy coin on /biz/ right now im 20% in waiting for pump on other bags and ill be ~60% in in LIT before EOY

>>23547100

Jesus christ. Atleast use the correct number so it don't get confusing you retard. Can we agree on that? We use the 138++.

Can someone make a comfy APu lit meme

>>23547100
Is the tesla thing real?

>>23547697
it's not binance, Richard already said as much

>>23547950
i made this earlier. did not post it yet tho. what is it for? i cannot say. its here now and you will like it.

>>23547100
>>23547910

Mr LG-baker. If you are the original one: Lets agree on using the 138++ numbering on the threads and i'll stop provoking you. We got a deal?

For the community. I'm done trolling.

>>23548019
Most likely not

Fucking kek at the newfags buying this shit. I don't usually post these kinds of warning threads but the recent influx of retarded rugpulls (luigi, booba, etc) might make this seem like a legit investment as a comparison to some people. Take it from a seasoned oldfag, it's not. Many shills with their bags will come storming in defending the project after I expose the scam and it's painfully obvious how inorganic and organized the shilling is.

So a little history for all the newfrens, back in the summer of 2019 after LINK was listed on coinbase, /biz/ suddenly became infested with redditors and other normies, so there was an organized effort to shill them "the next link" and distract them from actual good projects. They took the name of Lition energy, a bankrupt german energy company and made it look like they're pivoting by launching a new green energy blockchain project, a perfect match because normies love everything green energy related (Tesla?). They even hired people on fiverr to act as a CEO and other company personell, but these people had no affiliation with Lition energy and there never was any blockchain project. If you go look up Lition energy the company, it has been defunct for several years now and there never was anyone with the name Richard Lohwasser even working there.

And the scam fucking worked, it pumped high in a very short amount of time but dumped pretty fast as people caught on. Now after over a year this dead pump&dump scheme has somehow been resurrected, as you can see from the blatantly inorganic shill threads for the past few days. I'm not sure if it's the normie bagholders from the 2019 pump, or even some the original scammers.

Stay the fuck away, you have been warned

>>23548019
No you embarrassing cunt, it was in house mock up which some cunt found and made it cringe even tho it was just a mock up ... sick of ye hype cunts with yer 5k stacks

>>23548268
Looked up Lition Energy. Bought some more. Thanks Anon (*cough* Mike *cough*)

>>23548305
Relax nigel

>>23548019
No. Less comfy knowing fellow holders would start this nonsense based on an obvious cold-call pitch.

>>23548268
Did you automate the posting of this pasta?

>>23548410
https://www.reuters.com/article/tesla-energy-germany-focus-int-idUSKBN25T1SB

>>23548440
Visit the article. There are many other mentions that make it sound like Lition. It is a pie in the sky theory, but consider this:

>It could also open the way for Tesla to use power stored by customers to help balance the electricity grid, an increasingly important service in Germany as it becomes ever more dependent on volatile wind and solar power.

>In the first half of this year, some 65% of the electricity on the Brandenburg grid was generated from renewable sources, mostly wind. But like other areas in the north of the country, it often wastes energy because Germany’s networks are limited in how much green power they can transport over long distances.

How is this issue solved? You pay Lition Energy customers/Tesla owners to store electricity in their Tesla Powerwall, which can be distributed to other energy customers. This decentralizes the entire renewable energy power grid, significantly decreasing the amount of wasted energy because the distance that energy needs to travel is only the minimum distance between a customer and a powerwall owner. It seems too good to be true, but it also seems like the perfect combination of those two products/services.

NEIN NEIN NEIN
ES IST KAPUTT
AAAAAAHHHHHHHHH

>>23548023
That's not what I said. I said Binance PLUS some other great news - the combination of that will make it moon hard, as in 30-50x in no time. Binance always happen when everyone expects it the least, so it could be tomorrow for all we know, or in two months. But I do think it will soon get listed. They live up to all requirements from Binance.

>>23548688
It won't be listed on Binance you dense motherfucker

>>23548827
Yes it will 100%

>>23548688
Richard explicitly said it's not binance bro chill out

>>23548563
If that's true, Lition won't just moon, it will shoot out into the far regions of space. It's criminally undervalued atm. Should be at least 10x from here, even without news/announcements, and it will get there soon, with or without it.

>>23548846
Did you watch the AMA? If not, please stfu

>>23548925
>This

>>23548859

Yeah I think if Binance lists LIT it will be because they want to unilaterally.

>>23548846
I can smell your curry B.O. from here. You know nothing and have the gall to even mention Binance in relation to LITION. KYS is too good for you.

>>23548925
>>23549049
Cringe

>>23549092
>BInance fer moontime
>You guys are cringe
Be careful you don't step in your own poo when you're done.

>>23547950
>>23548031
another one.

>Current Total Supply: ~119,950,000
>Total Supply After Upcoming Token Burns: 100,500,000

What will happen to the price after the burn?

>>23549126
Binance and Lition are already partnered and it is alreadys listed on the DEX you mongoloid. Binance has been waiting for mainnet

The funny thing about this lition pump and dump is that there’s an army of Pajeets posting the usual nonsense shilling combined with what is obviously the German scammers from the team chiming with their own overly-wordy, low IQ posts. It reminds me a lot of last year’s Weown/chx final pump before it finally dumped to one penny. I wonder if it’s the same group now that I think about it.

>>23549049
Yeah these clueless idiots who know nothing of the project buying in and then will probably panic dump when the announced exchange won't be Binance even though it was explicitly stated by Richard himself it won't be Binance

In guessing it was these guys behind the tesla stuff.

>>23549147
lol found the actual tranny

This thread is a dumpster fire, what happened to the usual comfy generals

>>23549129
Wait what when is the burn?

>>23549254
Greed is the only reason it got so uncomfy...always was the reason for shitier generals

>>23549254
organized FUD campaign because we want cheap litties

>>23549294
You had two years

>>23549294
Who doesn't but they're not staying cheap for long unfortunately, the only people bearish here are the ones trying to fud it to get cheap litties kek

Trannies in the discord are spreading fudd, copy pastas will grow old soon. You have a couple more days at most to accumulate.

>>23548031
>>23549129
Very comfy thanks fren

>>23549343
>Fucking kek at the newfags buying this shit. I don't usually post these kinds of warning threads but the recent influx of retarded rugpulls (luigi, booba, etc) might make this seem like a legit investment as a comparison to some people. Take it from a seasoned oldfag, it's not. Many shills with their bags will come storming in defending the project after I expose the scam and it's painfully obvious how inorganic and organized the shilling is.
>So a little history for all the newfrens, back in the summer of 2019 after LINK was listed on coinbase, /biz/ suddenly became infested with redditors and other normies, so there was an organized effort to shill them "the next link" and distract them from actual good projects. They took the name of Lition energy, a bankrupt german energy company and made it look like they're pivoting by launching a new green energy blockchain project, a perfect match because normies love everything green energy related (Tesla?). They even hired people on fiverr to act as a CEO and other company personell, but these people had no affiliation with Lition energy and there never was any blockchain project. If you go look up Lition energy the company, it has been defunct for several years now and there never was anyone with the name Richard Lohwasser even working there.
>And the scam fucking worked, it pumped high in a very short amount of time but dumped pretty fast as people caught on. Now after over a year this dead pump&dump scheme has somehow been resurrected, as you can see from the blatantly inorganic shill threads for the past few days. I'm not sure if it's the normie bagholders from the 2019 pump, or even some the original scammers.
>Stay the fuck away, you have been warned

>>23547100
Yeah these threads are getting a little un comfy and whoever baked this one fucked it up. Ima go. Ill be back on the 30th though. Have a good rest of the week lit tards love you.

>>23549129
Similar to this one, but apu's face is comfier here.

I hit top 150 according to etherscan, I realize it doesn't take stakers into account but still pretty comfy. Just a little more and I can get to my 50k goal

>>23549450
I want to do the same but I'm so bored. Need to take my mind off it but still excited for this AMA

WTFWT?

>‘Something the industry hasn’t seen so far
It’s clearly going to be a German GDPR licensed bank on the side chain. Nothing to do with Tesla

I use lition to secure funding for my cocaine addiction. Comfy as fuck.

>>23550312
i hope you are not Richard

>>23550030
congrats fren, made it to top 85 today myself. Would love to know where I actually stand when taking in stakers wallets, especially as I'm sure many people have split they're stakes across different pools as they've went in at different times. My 80ks currently split into like 4 pools

>>23550217
This would be pretty based imo

Fuck, I knew I should have made a discord when the generals were still comfy

>>23550217
>It’s clearly going to be a German GDPR licensed bank on the side chain. Nothing to do with Tesla
I like this.
>>23550312
Based cokehead LITfrog.

>>23550433
Yep, did say we were on the brink of it not happening. The shill threads people have been making have ruined these generals for the time being. Sucks.

imagine what happens to these generals when LIT is on a proper exchange and has a fiat on ramp and normies know about it. It'll be madness.

Why are the bakers so unfrenly

I can't keep up with the generals anymore frens

>>23550550
The board will literally be all green and not because of an uptrend from btc :)

Ok so hear me out. Just a few days ago Tomochain announced a partnership with Rampdefi, up and coming defi project which has been pretty hyped recently and has a very solid team. Tomo also just added all Litions partners as their partners on their website. I think all of this might be connected somehow but I'm too low IQ to make any coherent conclusions. The Lition team said the announcement has to do with something "never done in crypto before" and if it has to do with somehow bringing real world stuff into the defi ecosystem I think it might be the most bullish crypto news in a long time. Just food for thought.

>>23550592
A merger possibly

>>23550550
well they better be expanded beyond germany by that point. How hard is it to get licensing for this shit in other EU countries?

>>23550592
Tomochain removed Litions partners again. They are desperately trying to hide something from us

>>23550674
Kek, are they lurking in our threads?

>>23550650
licensed for what? energy p2p marketplace etc? i can assure you getting licensed in germany is pretty much as hard as it can get world wide

>>23550674
They are lurking
Hi Richard, I just wanted to say we love you. Keep up the good work!

>>23550710
Lmao, yes we are.

>>23550764
*they

>>23550788
>Ladies and gentlemen, we got him

Hi Richard!

>>23550788
Kek, nice digits Richard

>>23550674
Is this bullish or bearish? Asian crypto projects tend to have a more liberal definition of "partnership"

It's like I'm paranoid lookin' over my stack
It's like a whirlwind inside of my thread
It's like I can't stop what I'm reading within
It's like the fud inside is right
SELL LITION

>>23550733
Richard here!

I love you too, no homo.

Richard out.

>>23550891
I'M NOT RICHARD!

How do you delete posts??

>>23550674
>TOMO removed partners to hide something
Maybe cuz screencap from Twitter

>>23550938
Just wanted to add that I always enjoy visiting this place with my frens.

Richard really out this time.

>>23550976
Attachment here

>>23550730
ya exactly, I know firsthand how hard the german market is to crack after dumping tens of thousands in adspend into german targeting to basically no avail. They're really intelligent and involved consumers, comparatively to basically anywhere else except maybe New Zealand.

I'd be pushing for marketshare in other countries as soon as possible. I think sales in general will be a lot easier to close.

>>23550666
>>23550666
>>23550666
>>23550666

>>23550979
topkek

>>23547100
Give me the quick rundown bros, I've never been into crypto but since I have some spare cash now I've been looking into /biz/. Why should I buy this and how do I eventually profit from it if the value does go up?

>>23551601
if you are a newfren i'd suggest learning the basics first and shit about crypt. You should buy it cause its a good investment and you profit from it when the value does go up.

>also here is a new apu

>>23551727
>i'd suggest learning the basics first and shit about crypt
Any resources you could recommend for that? I'm in the dark here.

>>23551601
What board are you from? Or are you from r*ddit?

fuck sopme shit up with the gif rreeeeeeeeeeee
>>23551788
>Any resources you could recommend for that? I'm in the dark here.
youtube: Cryptocurrency? Idk learn how Bitcoin works for starters or whatever. Idk your level of understanding aobut Blockchain technology and what its all for.

>>23551788
All necessary info to be informed is included in top post mate

>>23547100
/lg/ eh?
Don't often see these.

>>23551727

Frens!!

>>23551842
I'm a /v/, /tv/ and /x/ regular. Never have I browsed reddit in my life.
>>23551854
Guess I'll just google "crypto tutorial" and hope for the best.
>>23551857
I'll check out all the links too, then. Thanks fren.

Richard?
More like
Rich Chad
Amirite?

>>23551601

My net worth increased $30k this year and i don't even know what a blockchain is, nor have i ever read a whitepaper.

>>23551927
https://www.youtube.com/watch?v=6Gu2QMTAkEU
idk mane there are so many intro vids on the topic

>>23551957
Based.

>>23551927
Read about lition in the OP, and buy using uniswap. If you are new it might seem a bit complicated. But first you need to make an erc20 wallet, just install the metamask plugin. Then you have to buy ethereum with fiat somewhere. After that you send the fiat to your wallet adress and you can use uniswap to buy lition with metamask. I know this sounds like I am a pajeet shilling a shitcoin but I want you to make it. If you were a redd*tor I would have told you to fuck off.

>>23551957
Kek, this guy is going to become a multi millionaire without understanding why. Please don't educate yourself, it wouldn't be as funny.

>>23551727
I can't wait to use this gif in the future when we're retracing after hitting $10 for the first time

>>23551957
Also this, you just need to get a feeling for seperating scams from legit projects. The only thing you need to know is how to buy, store and sell your crypto.

>>23552075
USE THIS ONE >>23551854
the first one is scuffed

>>23551876
Count your blessings.

>>23552085
I will do fren! Very talented skills there, I appreciate a good meme artist when I see one

>>23547100
>https://twitter.com/Lition_Block/status/1320040090593333261

If there''s one thing I've learned on biz, it's to avoid buying coins hyped by announcements of an announcement.

>>23549129

>>23551854
This is based. Nice to have a highly skilled meme maker on board.

>>23552176
They announced this in the ama, so it is an announcement of an announcement of an announcement. Guess you didn't learn anything about that right? fag

>>23550217
>It’s clearly going to be a German GDPR licensed bank on the side chain.
How is it "clearly"? What are you basing it on?

>>23547100
OLDFAG here.
>pic related

I'm gonna be millionaire in 2 years.

>>23552176

Correction: Hyped up by the announcement of the announcement of the announcement.

There is a difference

>>23551854
Dangerously based meme.
But have you seen this Statera meme?
Take not to improve on your memeing skills.

>>23551876
43 times in 138 generals. Not bad desu. Cultured and understated, unlike those loud LITGENs.

>>23552190
based

>>23552260
note*

>>23552238
I hope you DCA'd?
Or ECA'd technically.

anyone not staked?

>>23552176
There's a clear distinction between Lition literally just advertising an AMA and Justin Sun's tactics which involve a lot of lies and deception.

>>23552201
Dropping a few more memes

>>23552360

>>23552398

>>23552176
People will complain if the devs communicate too much and then when they don't communicate enough. There's no real winning from their perspective

>>23552028
Thanks bro, we're all gonna make it. Believe it.

>>23552398
The quality meme artists we have in the lition community is so bullish people don't even understan

>>23552260
actual tranny coin
legitimate male to female transvestite as community moderator

>>23552577
based leon poster, I like you already

Generals getting less comfy is a sell signal

>>23552316
I need to. I have 20k and now wondering if I should put half in staking and keep half liquid in case of a crazy price increase/ decrease or just go all in staking

Thank you based meme engineers, you guys rock. And while there is still some of old gang around, thanks for the fun threads, made /biz/ a lot more bearable this summer, hope to see all of you cunts at the 2022 Oktoberfest.

>>23552662
Can't sell. All staked.

>>23552360
Room for Greta
>>23552713
Based old fren.
>>23552662
Everyone moaning at generals not being comfy, I don't really get it. But I only post memes so...

>>23552712
Stake'em all. You'll fuck up swinging and get outpriced quickly. Do at least 3 months if it gives you peace.

>>23552899
kek

>>23552316
I have 10k, but it's not worth staking with small amounts because of the gas fees. You are better of spending the money you would pay for gas on lition directly.

>>23552899
I love this meme.

>moaning about uncomfy generals
I kind of get it. I started stacking in the spring and just till last week, my now six-figure stack was common and the really big boys were 500K and 1M chads. Again, this was the situation no more than 10 days ago. Now it's all newbies scrambling for 10K LIT and asking basic questions.

It's all good, though. Waves of new blood are only natural as the moon mission starts.

>>23553107
I only paid about 3 USD in gas on my last stake (13k)

>>23553420
and how much did it get you?

>>23553420
Oh I thought it was like 30$

>>23553638
it's locked up for 3 months but I'm currently getting about 7.5 lit a day
>>23553666
first time I staked it was like $30 but gas was at an ATH

>>23553718
And the gas fees is at the start and the end of the 3 months or just a one time payment? Trying to wrap my mind around the concept of staking.
>t. brainlet

>>23553816
Start and end. With my 75k stack I'll make around 300$ monthly with fees being less than 10$ total.

>>23553816
yeah you have to pay gas if you withdraw your tokens, but not if you restake (I think) but regardless I think it's definitely worth staking 10k

>>23552662
They are getting less comfy but it's due to newfag moonboys and fudders storming in, bullish even though sucks a bit

>>23553931
The worst people are the ones who ask stuff like "Why would I invest in lition?". Do they really think we care if they buy or not?

>>23553881
also have to pay gas on restake, I did that today.
Almost had to sell some stuff, but in the end I could scrape the $0.30 gas fee together luckily

>>23553931
>>23552662
My first time in one of these generals and I think it's pretty comfy, not gonna lie if LIT ends up being bait you got me. I'm gonna start buying when my wagie payment comes next week.

>>23554101
Announcement is in 3 days. Might dump after it but I expect something big that is going to make normies fomo in.

>>23554101
Try your best to pick up at least a suicide stack before the 30th

>>23554137
I don't have money right now(though I could borrow it and pay in a few days). Will I be put at a major advantage if I buy within the next 3 days?

>>23554170
We converted another >>23553907

>>23553346
I wish I was this early but I've been active and stacking for almost 2 months now, I see a couple 400k Chad's around but the big boys seemed to have left recently. I'm almost to 5 figures, definitely my goal

>>23554219
Most of us are staked for 3-6-12 months, day to day prices doesn't seem that exciting then.

>>23554184
We don't know, usually something dumps after an announcement. But if the partners themselves announces something, it could cause a pump. Because then it gets shown to a new audience.

>>23553852
How so much? .... Lol nevermind I was doing the calculation and realised I'm probs around that per month. Damn nice

>>23554377
I think I paid 3$ in gas to withdraw and 7$ to deposit. It varies hourly though so if you wait you can probably get it done for under 5$.

>>23554377
Pay per stake LIT in dollars goes up directly with transactions. That's why 50K is comfy and 100K is make-it. Those cats will be will be able to live or REALLY live off their rewards by 2022 when tx are way higher, even if the price never moved.

>>23553666

>>23554505
>even if the price never moved
This is what I find so elegant with their tokenomics, as long as the network is used, price/token is irrelevant for those that want the passive income.
Almost seems too good to be true, but there is value to "freezing" your assets and providing a decentralized network

>>23552398
>>23552612
Based /lg/ baker here dropping my last two memes of the evening. Here's a cleaner version of the now classic pinstripe pepe.

>>23554687
Last one for tonight

Let's flood Elon's Twitter together. He might notice us. This team is retarded in marketing. We will pitch LIT ourselves. If we can do this, we will be on /biz/ history pages forever.

>>23554505
Yeah I know, I've already calculated I'll be able to live off staking reasonably at x15 times current revenue. Although that's bare minimum of comfortable-ish living

>>23554791
People are currently being hired for Litions marketing team. Probs not best to make it look like a retarded autistic venture by brigading, although Elon definitely likes his autism

What are the risks of staking? I am getting pretty familiar with the benefits of it, but in what way can it come to bite you in the ass?

>>23554842
If crypto collapses as a whole or if the project is a rugpull. Neither of which I personally think is likely

>>23554505
Hope we don't moon too hard soon, really trying to get to that 50k stack to run a node, I won't make it to a 100k stack but 50k with the rewards from running a node are enough to make it.

>>23554834
If you do brigade Elon's twitter, be sure to put a high emphasis on anime girls and 420 blaze it memes

>>23553666
Ok this is the last one. Couldn't let those trips pass by.

>>23555555
OH SHIT

>>23555555
kek has spoken

>>23555679
>>23555709

>>23555709
For those still not staking or at the very least all in:

>>23555555
>>23555555
>>23555555

can the discord trannies spread some more fud please some frens here havent had time to accumulate

>>23554842
Well, you won't be able to withdraw for the duration of staking, so it could bite you in the ass if you needed the money - but you should always invest what you can afford to lose in the first place.

t. 23k litties staked for 3 months.

>>23555679
>>23555709
very bullish

>>23556006

Shall we summon him?

>>23556059
h-how do we summon him?
Post random etherscan links?

>>23556002
The new /biz/ coin has just been knighted.

>>23548563
I'm not expecting a partnership but when you look at what musk wants to do it really does make sense.

>>23548563
Even if musk isn't going for this he should be.

>>23547100
Guys i went to go buy another 10k a fewdays ago but couldn’t buy for reasons and now lit doubled. I feel awful that last 10k woulda got me a comfy stack :( mike can you please fud the price down a bit im sad. Someone give me some hopium that there will be another window to buy at .12

BOYOS I just realized.....

If Lition is getting also listed on the Tomochain....does this mean we will have a x2 of our assets eod?

>>23556195
eow*****

>>23554791
Elon is a bizfag it has been proven already

Good afternoon from burger land, Litties! So all the speculation surrounding the announcement this weekend, am I just being cautious about a (potential) Tesla partnership? Maybe I'm just not getting my hopes up, because if that were truly something on the table someone would have leaked some breadcrumbs big enough connect the dots?

>>23556006
Two years. But you're also still way early lad. Remember when LINK was .20? Think long term here. Just put what you can in and accumulate every dip like you would anything else.

>>23554170
I'll try but at best I'll only be able to stack like a 1000 lit. Is it even worth stacking at that point or should I just keep them? Wish it dipped for a bit but oh well. Better late than never. Thanks fren.

>>23556260

You need a minimum of 5000 to stake

>>23552260
>He thinks that this pepe is beautiful to watch upon

Piss off tranny.

>>23556311
Guess I'm keeping them. Hope it's not $10 EOY like the GET anon predict so I have time to accumulate. Either way I'm getting something out of this.

ALERT: INDIAN SCAM. STOP WASTING YOUR TIME JUST DCA BTC AND BE RICH

>>23556378

He doesn't know

Just saw three different LIT threads (not counting our general) active right now. This has been a recurring trend for at least a week and some change, the timeline shift is truly upon us!

>>23547100
Dubs decide where I buy 5 ETH worth of LIT.

>>23556378
>DCA BTC AND BE RICH

Gweilo, I...

>>23556568
uniswap is the only way

>>23556568
Uniswap ofc anon. Dont fuck yourselves over by using chinky washtrading CEXs like Bibox or Hotbit

>>23556568
Uniswap, there's no need for dubs.

>>23556568
Metamask, so you can start staking

Is this only worth buying if I'm gonna stake it?

>>23556611
Witnessed.

>>23556611
wow

>>23556611

>>23556866
i always forget the eyes when i make them

>>23556255
Not gonna be Tesla but something interesting for sure

COOOOOOOOL GANG

>>23556921
Good job fren

>>23555555
So many shitcoin holders seething, AHAHAHA

What graph do you gentlemen use?

>>23556978
ty

>>23556195
What?

>>23547100
Posted in another thread, no answer yet, you might know.

Once everyone feeds the powergrid and the "big" names aren't making as much money as they used to, who will maintain the power grid? Who will have an incentive to fix the fallen wires, the broken electric poles, the burst capacitors, etc?

Currently (where I live, that is), a semi-private company maintains everything since they're pretty much the sole suppliers of electricity. Why would they keep repairing everything if they're not making bank anymore? Who will be in charge?

>>23557364
That is a very good question.
But by the time this question needs to be answered by reality we will all be very very rich.
Thank you, next.

>>23556612
Yep, don't even waste your time otherwise. Anyone saying it the opposite is a pasheet.

>>23552620
>>23556364
Kek, do you really need to insert /sarc on here like we're on reddit? I thought we were amongst triple digit IQ people.

>>23557469

ACtually, no. This question will need to be answered as soon as big power companies will sit down and take a good fat look at how Lition work and send them a letter saying "either you help pay for the repairs, or you fuck off from our network". And that could happen pretty fucking fast.

I'd love a serious answer to that question though, it's the only thing bugging me and I'd love if someone knowledgeable could chime in.

>>23557522
Well RIP, I don't even have the money to buy 5k right now. Sucks being a latecomer.

>>23557364
https://www.cleanenergywire.org/factsheets/set-and-challenges-germanys-power-grid
Does this help?

>>23557630
You're not late. In fact you're early. Just sucks you're poor though.

>>23557364
>>23557469
>>23557625
guys where the fuck do you live lmao? first of all we are talking about Germany here. Lition is a middle man not an entire independent energy utility company.
So the way it works - private people that own solar panels etc and produce too much energy sell it to the system to either big companies or Lition as well if they are signed up there. Lition also has power plants under contract but they aren't just exclusively providing power too Lition.
Idk what dooms day scenario you are talking about here but Germany has almost the highest electricity cost in the world and we are phasing out nuclear or basically already did for example.
It is also a highly competitive market there are so many provides people can choose from.
And as always
>energy is only one use case for Lition
They are literally only in the energy business cause thats where Richards and the gooks expertise is in and to show off the blockchain tech.

What even is a realistic price target for this? Idk what to compare it to

LITzkreigers, unite!

>>23557690
Should I start buying and stack what I can? If this peaks in 2022 like anons are saying I'll get maybe 2 or 3 5k stacks at best

>>23557713
I'd say 1 billion is conservative. I just simply checked another layer 2 with their marketcap during the 2017 bullrun and that layer 2 didn't even have a working product.

>>23557524
>Guys I swear I just pretended to be retarded. You must be retarded to not see that

Unironically off yourselves. There was literally nothing that gave your post away as sarcastic and STA shilling faggots are known to be obnoxious and pajeety as fuck.

>>23557364
I'm not investing for the fourty years to come.
I believe our civilization will collapse soon enough. By the time this will happen, I'd hopefully be in my own house with a huge garden and live as autonomously as possible.

>>23557719
*LITzkrieger

>>23557625
if you want to “provide” energy you allready fucking pay for the infrastructure.. lition pays infrastructure fees or tax or whatever..
kek, as if they would suddenly stop fixing cables

>>23557642
Thanks man, that's the kind of info I was looking for. So definitely wouldn't work where I live, since the power grid is maintained, extended and developped by the power supplier.

If this is how it works in Germany, then definitely this makes sense. Thanks!

>>23557703
I understand we're talking about Germany, but I'm always looking forward in time trying to see how the investment/project can scale. I understand here it works for Germany (which is already insanely bullish) but might not work in some other places. Since my only reference was the way the power grid is maintained and used where I live, I had trouble figuring out how it would work elsewhere.

I'll probably buy in, just not when it has already pumped almost 50% in a few days.

>>23557770
Get a 5k stack if possible, for staking.

>>23556611

>> 23555555
>> 23555555
>> 23555555
>> 23555555
>> 23555555
HOLY FUCKING SHIT!!!!!!!!

>>23555555
>>23555555
>>23555555

>Germans stop fixing shit
not happening friends

>>23557924
Do keep in mind though that lition isnt only an energy token. Lition(energy) is just one sidechain, that generates tx on the blockchain. They are already working on other usecases

>>23557924
again energy is just one use case and the GDPR compliant chain is completely independent of it. Its just one use case. They use the successful Energy thing as a marketing tool to get more use cases. And yeah obviously a P2P energy trading marketplace only works in a country with good infrastructure. This won't work in Venezuela.

>>23558012
Gotcha. I'm reading on it all and it makes sense, and the energy usecase is relevant though to witness the power (and actual usage) of the chain.

>>23557770
Sure, stack what you can. Try to get at least 5k, but the more, the better.

is there any real graph for this badboy? Or just cmc/gecko?

>>23558049
Wasn't talking about Venezuela, we have a good infrastructure here but the semi-private company Hydro-Quebec supplies the electricity to the entire province, sells its excess to the US and maintains the entire power grid. No other supplier exists here, that's why I had trouble figuring out how, myself, would plug onto their grid and sell my energy if I wanted to. (I understand it is in germany, but my references are where I live, obviously).

>>23548268
Based

>>23558050
Exactly, it almost functions as a demo, as by using the blockchain, they cut costs and are able to undercut the market and pay the producers more

>>23558098
https://charts.cointrader.pro/charts.html?coin=LIT%3AUSD
Cointrader has multiple ones but i guess mostly just use uniswap cause its the most active/relevant exchange for now. We'll see after the announcement.

>>23557924
The smart energy grid is a European project. The same shit is planned and slowly being built up.
Just found this pdf
https://ec.europa.eu/research/energy/pdf/smartgrids_en.pdf
Lition is the future, even if I hate the EU, it won't collapse soon so, might as well ride the wave and enjoy the staking rewards.

>Over 100k LIT staked for a year

I still feel like I don't have enough bros. I already used up a lot of my available money to get this stack. It just feels like its not enough.

>>23558163

Even if the EU collapsed GDPR regulations will still remain in the current member states. For instance in the UK we will still have data privacy laws after we leave. Also Asia are looking to introduce similar regulations so there's another potential market.

>>23558262
>Also Asia are looking to introduce similar regulations so there's another potential market.
thats why Tomochain is so interested

>>23558201
Its not enough to become a billionaire.
Y... You... You do wanna be a billionaire do you, anon?

>>23558201
this shit is gonna be lime 100-200 minimum dude. if it gets to 17 bucks for me im a millionaire (56k). but if it stays qt 60 bucks consistently i wouldn't mind living off the rewards. why are you so greedy lol you've already made it.

>>23558201
thats basically 0.1% of the total supply. im sure you'll be fine fren

Whats happening on Bilaxy exactly? Why is LIT in the top10 there?

>>23558133
Thank you anon, this is great. I want to grab a large stack, but not sure to start DCA or wait lower, looks like a possible double top on the daily. Any opinions on entry points?

Is there a dark mode or am I just dumb? So far have just set background to black and graphlines to yellow.

>>23558476
I guess it's one of the only places to buy it except Uniswap? I read Hotbit liquidity was basically nonexistent.
The hype is growing?

>>23558476
Fake volume.

>>23558339
Why do you think 100 min

>>23558201

Yeah, even if I had 500k I would want more. Remember that we are blessed with our stacks, many anons work hard every day, know about this and only have a few thousand. Sit back and enjoy this time my friend, it is the last months of us being poor. You only need to be right once, and I have a very strong feeling this is it. Meanwhile, our stakes grow every day.

>>23558482
bro, its a low volume, low liquidity shitcoin, stop memelining. Rather zoom out and look at the price/marketcap of the last few months and tell me what you see

>>23558482
the only way to buy a large stack is in increments anyway cause you'll have too much of a price impact on uniswap if you for example buy 100k at once. its better to buy 5x20k. atm 15 cent seems to be the floor. it was like 12 a few days ago. not sure what'll happen after the announcement..
>>23558521
can only chinks buy and trade on bilaxy?
>>23558537
i guess makes sense

>>23558482
Id wait for 0.16 cents again

>>23558538
because link vaporwave hit 20 bucks and has higher supply. this shit is lower supply and still small market cap with a real world use case and a real working model. theyre gonna have other use case as well as grow their actual one use case customer base. the only reason this shit is the price it is is literaly ignorance and no big exchange and exposure.
1 lit is about 10 link.
god forbid they get anything going with tesla. tesla already stated here https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKBN25T1SB
that they indeed are look for something decentralized to supply energy. that would be 200-400 easy.

>>23558742
newfag

>>23558754
Thank you for your contribution, you can now go back to your DRC containment thread.

>>23559199

>>23557642
very nice, fren, thanks for the info

>>23558742
>$100...$200-$400 easy
Fucking based LITzkrieger.

I was just coming to ruminate about market caps. I'm sure there are a handful of other great projects that will make it but I only care about LITION because I think it has the capacity to be top 10 and from this market cap, that's an awful lot of "x"es. LITION is so fucking far ahead of the game right now that I think there will only be a few cryptos between LINK at #3 and LITION somewhere in the top 10. Hell, maybe LITION WILL be top 5. I mean look at it. This is the only crypto that I would not be ashamed to bring up to a real businessperson.

LIT will be up there with BTC, ETH, and LINK because it's arguably already worth more than everything else currently in the top 10. Maybe OCEAN or RSR or ALGO will always keep LIT from getting that far. Who can say? But BTC, ETH, and LINK are going to be trillions and trillions of dollars each. And remember that ETH AND XRP managed to crest $100B when they did a hell of a lot less than LIT does right now in the real world of customers and revenue. And we can guess at some of the goodies coming out of the AMA and Tomo. Maybe no Tesla right now, but eventually. And maybe in a few months we won't care about Tesla anymore, anyway.

If you can hold, I think x100 is guaranteed, but $100B seems like low-hanging fruit and that means $1000 per LIT at full dilution. And I really believe that's just a start ("$1000 is FUD.") if indeed crypto and inflation and technology keep going as they have been going. Even if I'm way off, $100 feels doable and $10 feels like it's not worth talking about here.

I would stake, buy dips, and consider "the next LINK" a low-energy insult. Again, just think of everything LITION has going for it, then think about all the rest and their current valuations. We LIT holders are standing at the very door of adoption. Hell, LIT IS the door. Oh my god I'm so excited for us. I mean it.

>>23559558
BASED
I applied for a kraken pro account for when the day comes to liquidate. Feeling extremely bullish.

>>23559558
based

>>23559558
Im with her!!! #metoo just a matter of hanging around lition generals and enjoying the memes, we will be living off staking rewards by end of 2021

Burger bump.

What percentage is LITION in your portfolio?

I'm about 60%. That number has been growing really quickly due to staking and now to this announcement buildup. The rest is of course mostly LINK with ETH and a secret moon bag (you'd make fun of it).

>>23560720
wdym link with eth? Why even bother holding ETH? It's a shitcoin. BTC/LINK/LIT is the chad portfolio

I do also have a secret moonbag though

>>23560720
All in. Sold the last of my LINK 2 days ago

>>23560750
ETH is less than 1% of my portfolio. I like to keep a full one for good luck and a little more for gas.

>I do also have a secret moonbag though
Secret moonbags go fucking great with LINK/LIT. It's a project I really believe in and thanks to those other two, price swings just cannot phase me.

>>23560720
all in, 50k or so

>>23560821
https://sharder.org/#/

>>23560815
That's pretty chad NGL. I wish I had the cajones to part with my security bag of LIT. Would have had triple the litties if I had, however. I've made peace with it. Things are too good to sweat it.

>>23560853
*security bag of LINK.

Related question: Are you still buying dips? I went way past my realistic goal (did not hit unrealistic goal of 1M or even half that). But I want more. I know I should just restake everything for a couple years, but if I'm sitting on $4M from a $10K investment and I could use a few thousand to ease my worries, I just may. But in that case, I definitely need to keep buying.

What's your plan?

>>23556525
tears of joy

>>23561159
stake 60k for a year... and see what happens. id be happy making passive income until my stake is over tho. might sell some of it for goodies, might save some for a bigger stack idk.

>>23561380

But there are risks to staking right? If you choose to lock it up for a year, and something happens that tanks the price, you are screwed right? A lot can happen in a year.

>>23561471
kek

>>23561489
Yes, but the whole project is solid from A to Z if I'm not going to make it with this I'll never make it.

>>23561489
Not being able to sell based on short term price fluctuations is literally the benefit of locking up your tokens. But you can just run a node and not lock them up.

shitcoin general just dump it before its too late

>>23561668
You already have made it anon, you just haven't realized it yet.

>>23561853
Yeah staking has saved me from myself. Long term hold for sure. I've been staking for awhile. I would have capitulated when it got to under 2 cents last year about this time. I wish I had been accumulating more then.

I'm a noob. I can't see my LIT in metamask and when I try to add token I can't find LIT. Did this happen to anyone else? The transaction is confirmed on eitherscan. I didn't send to the wrong place or anything.

>>23562351
its not on metamask by default, need to get the eth contract address and add it manually

>>23562351
Go to token and paste LIT's address

>>23562351
Add the contract as a custom token and they will show up
0x763fa6806e1acf68130d2d0f0df754c93cc546b2
18 decimals

>>23562375
>>23562380
ah ok I got it, ty

>>23562351
Go to "add token" in your wallet, go to lition on etherscan. Copy the token contract from etherscan and paste it to the add token section on metamask

>>23562375
if someone needs this explained to them so help me God

>>23562436
Don't judge, fren, we're all going to make it together, newfags and oldfags alike

>>23561471
so comfy

>>23562464
Makes it even funnier that a complete newfag is gonna make it with us fren.. 300 limit hit.. comfy!

will a baker please bake a new bread

Going to bed now frens, thanks for getting me in this train

>>23562615
Yeah we need a new comfy thread, hopefully there's still a baker around.

>>23562742
Goodnight fren

First attempt at baking:

NEW BREAD!

>>23563052
>>23563052
>>23563052

>>23562742
I h8 that dopey wizard girl.

>>23563077
God damn, stop baking /lg/'s with false numbering..