/biz/ - Business & Finance

>Lition energy usecase stays on Ethereum and provides no value to the Tomo coin.
Former CEO Richard Lohwasser will work almost full time on the Lition energy usecase
>Some new usecases will opt for the Ethereum solution and provide no value to the Tomo Token, but generate revenue for Tomochain the company.
Some new usecases will opt for the Tomo solution and provide value to the Tomo token.
>All usecases will provide value to the LIT token.
Tomochain the company now has less capital.
>Tomochain the company will now direct some of the capital remaining and their developers and resources to usecases that benefit Lition token holders and if they run on Ethereum do not benefit Tomochain crypto holders at all.

Lition token holders gain and synergy benefits and resource allocation benefits. Tomochain crypto holders lose resource allocation benefits and gain synergy benefits.

Im financially ruined

>>23656070
Its ogre we don't need bakers, we need to come back when its not perceived as a scam

>>23656117
No. This is still a retarded deal.
We need to bake till it's not perceived as a scam.
Once the general is optimistic again we can shill outside of the general to /biz/ once we get a CEX and have shilled to /biz/ we shill to reddit.

How likely will lit hit $1 over the next year? I’m about to buy a fuck you stack and if it were to hit $1 I’d make it. I’m willing to wait over a year too.

>>23656144
Don't shill to reddit yet please. I don't want them to buy lower than me. let's wait for atleast 20 cents to do that.

>>23656182
I think 50% without a general crypto bull.
95% with crypto bull.

>>23656117
It's not like something of value is getting lost due to baking a thread...
>picrelated

>>23656232
agreed

>>23656083
is this the bottom?

>>23656289
soon to be my friend

>>23656289
It's definitely not the top.

>>23656070
not sure why there is a Lition general anymore since it's gone. Got bought out by Tomochain and now you are part of the future congrats frens. TomoX bros be swimminnnnn

>>23656637
Discord tranny

Mike, I don't mind you when you are sober, but please seek help IRL. What you did on the staking group was embarrassing.

>>23656637
The bagholders are stuck in staking so this is a pathetic attempt at coping with the fact they got sold off like junk at a garage sale. Any way you slice it Richard fucked people over, there was zero reason not to move forward with a partnership instead of abandoning ship

>>23656843
2 years.
>Docmosis.
Yup. No reason at all.

>>23656894
Cope harder. You invested in Germany, got sold off to Asians, and the third world types at that

>>23656232
>>23656144
All people on reddit crypto boards are biztards trying to shill their bags

>>23656978
I see no correlation between the stupid shit that /biz/ tries to meme and the stupid shit that reddit buys.

Ok guys, so lition and SAP was a meme.

UBT have actually already done it all, released their product on SAP market place, and have clients (coca cola) who are going to use their SAP integration. Did I mention that Baseline Protocol is also GDPR compliant.

Jump ship while you can, and get on a project that actually delivers working products!

>>23657373
Bro we don’t want to buy UBT its a good project but it already pumped congrats, we’re in this microcap not listed on any CEX because we want to be early and sell the 200m hyped valuation.

>>23657373
N

>>23657453
I

G

>>23657474
X

G

>>23657485
mike kys

This thread used to be hopium general. Then copium general. Now it's just dead general like shition itself.

>>23657539

Why bother keeping the generals alive. There is nothing to talk about. Either it will bleed out or TOMO will secure a usecase.

>>23656070
Tomochain?

Yea, Tomochain. It's over Lit-Cucks.

>>23656070
TOMOOOOOOOOOOOOOO

>>23657585
If nothing happens by eoy I will officially declare the generals dead. My guess is 60 cents by eoy and listed in binance. Binance makes shitload of money running tomochain nodes , they will probably do the same system with Lition where you can deposit your tokens there ans they will be a validator.

>>23657585
Lition is going to be the next vechain, tron, icon. Just don't see it as a long term hold anymore.

Holy shit the fud is real, as stated countless of times in earlier threads. We are more bullish now than ever, discord trannies btfo. Muh "Richard sold we dead" ain't working anymore. Just waiting for some other anons to post the communications we got from the new team this weekend, more than in the last two years with Richard. We are in waaaay better hands than before and nothing has changed.

insider here, do not stake more than 1 month, LIT will be listed on binance somewhere in december and they have some sort of pilot program with Mox Bank (HK based bank) in November,. they bought LIT for the GDPR and that they needed funding (they will dump their bags hard on binance, they will hype up LIT), after the binance listing their focus will shift off LIT and it will likely crab for eternity

>>23657915
FUD trannies claimed we'd be at 1 cent right now. They are coping and desperate. Mike had another mental breakdown on TG earlier cause Lition is doing fine. FUD fags are like liberals that hate Trump. Similar derangement syndrome.

This is one of the few gems on /biz/, buy when everyone is capitulating.

>>23657945
>after the binance listing their focus will shift off LIT and it will likely crab for eternity
And why you fucking retard. Makes no sense.

>>23657974
well they will still use their sidechain but there wont be any news specifically for lition, might see some price action with TOMO related news though

>>23658016
So what you are saying is that everything they said on TG is untrue and that they will open themselves up to lawsuits and a massive shit storm AFTER they actually listed it on a major exchange in 5-6 weeks and successfully secured a banking use case for Lition that generates reward for token holders instead of acquiring more use cases?
Are you just insane or? It makes no sense to turn Lition into a success story only to abandon it for literally no reason.

>>23658075
no they wont abandon lition, transactions will still happen on their l2, but lition specifically won't have any news beyond that.

>>23658099
and why? You can't explain why cause it makes zero sense.

>>23657945
Hi Richard

>>23658099
>no more news
>no more use cases
Press x for doubt. Also every single insider related to Lition has been bullshit, and you're no exception.

>>23658112
youre free to believe what you want, just trying to help you

>>23658145
Well I believe you if they announce mox and Binance and will sell after the pump so. Either way what you are saying is bullish as fuck.

Frens we still gmi right?

>>23658230
Pretty based not gonna lie.
Yes we will. $1 EOY

>>23658230
If you don't fall for the fud campaign, sure. I'm just getting tired of jumping into every single general to combat it, think I'm just going to stand on the sideline and produce comfy memes.

>>23658230
Oh yes baby. Lition survived a massive happening, panic and is under multiple schizo FUD campaigns from TG and Discord trannies. It barely even moved in price kek

Holy shit tomochain TG group is full of literal and figurative pajeets

>>23658409
why do people not fight like this?
Even minor pressure hurts.
Seems easier than choking desu

>>23658450
Are you serious?

Guys, can we finally agree that the SAP insider was most probably a LARP? I'm asking this because even smarter people in the tg group thought it was likely to be true.

>>23658611

lmfao u actually believed that LOOOOOOL

>>23658294
>>23658331
>>23658379
Thanks fren wgmi

>>23658611
Clearly larp, always was.

>>23658617
Based retard, I was the only one always arguing that it was a LARP. It's my "I told you so" moment

>>23658438
Sounds just like Litions tg then

>>23658661
>Sounds just like Litions tg then
It's much worse

>>23658690
Top kek

>>23658690
Based

>>23658655
Now we need to know his favorite lego set.

>>23658739
We should try but he looks like someone who can't make jokes, he will answer with his vision about Lego in 5-10 years

>>23658690

This is great. Good job faggot

I have to say, this is great fun regardless of what happens to the price.
Lition!

>>23658690
Based

>>23658759
Thanks fren

>>23658748
How many Lits for a bottle of rượu to sober him up when we go clubbing in Hanoi?

>>23658818
>sober
loosen
Brainfart.

Weak Hands will suffer.

>>23658818
I don't know man I feel like we didn't identify his weakness yet, not sure alcohol will work

>>23658655
I mean look at this smirking son of a gun, look at how smug he can be

>>23659455
>He knows

>>23659583
Top fucking kek I didn't see this before, great job really

>>23659583
Based

Best thing about this acquisition is that the Lition Memeverse just keeps expanding. First it was richard, greta and luisa, and now we also have the based kyn, anh tomo mommy and the big long dong. Maybe in due time, Richard pulls out something praiseworthy again and the focus shifts a little to him again.

Incredibly bullish. I love it when my investments have a proper lore.

>>23659840
>Maybe in due time, Richard pulls out something praiseworthy again and the focus shifts a little to him again.
Imagine the epic comeback, one can only hope

>>23659840
Now just feels like I'm reading a sequel in a totally different setting, whereas the franchise is really one and the same.

>>23659840
>Incredibly bullish. I love it when my investments have a proper lore.
Same. We even have schizos and a real villain like Mike. Absolute Kino times. The moon is literally inevitable.

hey litties you're by far the least intrusive and comfiest community here so I'm rooting for you even though I don't hold any

fuck statera and fuck ripplets

>>23659887
Thx fren

>>23659840
Fuck Richard. He is weak and unable to deliver. Hope he never returns. The only good thing is the price stays near ICO.

>>23659887
I feel the same way (LIT is my largest position but I still hold some STA fren, although I'm not too cocky about it)

Let me also add that this community is the only place that makes me forget missing the Chainlink train in 2017 - I only managed to buy in at under $4. I cannot help but feel Lition is my chance and my turn to gather frens with whom I will be looking back with nostalgia at the times we were courageous, made a risky investment, saw through the lies and held right through the most turbulent of times. We will together gaze from the moon thinking "it was all true".

>>23659864
This.. already feels weird looking back at my Richard memes, like it was a different era. I can't post that stuff anymore.
But imagine looking back at this stuff a few years from now once we all make it. This month alone is a tale for the ages.
Remember the mainnet hype - was only 1 month ago.

>>23656070
There was an Oberscharführer Lohwasser in the Nazi Waffen Schutzstaffel. This worries me

>>23660100
It is all true.

>>23660539
Couldn't have expected a better answer.
>He knows

>>23660100
checked

Harro white stupid ppl, I fank u for believe my good intention, will dump lit to feed ma famiry.

>>23660668
You have to pump it before you dump it. I will benefit. Thanks.

>>23660668
I like his eyes.

>>23660668
Based retard, you gave literal millions to Big Lego Lohwasser for his failed project, go get to work and prove him wrong

GUYS??!

>>23661114
Thanks I just sold my bag

>>23661114
This is the absolute state of coinmarketcap. Does it like take the average of prices on all exchanges without accounting for liquidity?

>>23661114
WE'RE BACK BABY!!!

>>23661267
NI HAO WEALTHY CHINAMAN!

Asian mummy Anh is amused

>>23656070
Newfags are adding liquidity in droves.
200k LIT were deposited in the pool.
Meanwhile volume totally plummeted.

If you believe in the coin you should add liquidity when you think its decently high.
Because providing liquidity is basically you slowly selling as price creeps higher.

Still in profit

>>23661672
Kek nicely played you rescued my shit meme

Hey boys how do I buy lit?? Can’t figure it out

>>23661798
>>23633082

Check this thread it has all the right info.
Make sure you use the correct contract address on uniswap.
https://youtu.be/ovbs8LT8wIg

>>23661672
Kek

>>23661798
This is the reality of lition, we need a normie exchange, lition is the biz iq test first you have to have the desire to dyor and when you come to the conclusion that this shit could be gigantic in a few yesrs you have to then figure out how to buy it on dex’s ..Then you have to figure out how to stake those stinky litties .... only a certain type of person sees the opportunity and follows through the rest cant figure it out or they procrastinate until it moons ... a normie exchange listing will explode our litties to $1

>>23661898
Hopey tomo can help with that.

>>23662236
Hopefully*

I think some actors are keeping the price low intentionally cause they want to buy big fucking bags when good news are coming. Those movements and sells don't make any sense at all. Am I a schizo for believing this?

We just need a major exchange listing. This thing is already .10 without any major exchanges. easily worth .20-.30 when listed

>>23662573
Yeah I feel like the Tomo fags know they can pump this at any time basically whenever they want. I assume it'll be done alongside good news for additional hype. They are extremely calm and that makes me bullish as fuck.
>>23662550
Nice theory

>>23662654
>They are extremely calm
True

>>23662573
How new are you?
We hit .20 a week ago.

>>23663295
I like your style anon

>>23663295
You the best

>>23663295
Roots in German autistic blockchain engineering built around a real business, but now in the hands of a hungry, up-and-coming blockchain company who sees LITION as the next piece necessary for their enterprise and central banking plans.

I choose to see it this way and am buying the dips. As long as I keep adding LINK, BTC, and ETH, too in order to anchor the portfolio and smooth out the ride. I find this approach FUD-proof. Then I can just stop by the generals when I need a boost. My stakes don't start coming due till January, so I can't panic sell anyway.

Does anyone actually sell at 8 cents? This makes no sense lol. Volume is super low so every buy and sell on uniswap swings the price. 2-3 whales could double the price and cause a new run on LIT kek

>>23663511
Based. I sold my LINK (and eth/btc long ago) to make LIT 30% of my portfolio but you're one wise anon.

It's kinda based knowing that I have an office of Asians working hard to increase my money. Their offices looked pretty good too. I feel like a slave owner.

>>23664075
absolutely based, the offices do look good! thanks for the laugh

>>23664075
I can't wait to go to the office one day when we're in the citadel and supervise the wagies

>>23664075

>>23664075
Audibly kekd

>>23664075
Asians working hard so I can dump on jeets at $10

>>23664202
Kek.

>>23663657
You don't understand how uniswap works.

>>23664075
Kek and based. Well put fren. I posted that office video yesterday. Should probably ban those sleeping pods and shorten lunch breaks.

>>23663362
>>23663422
Maybe I should put together an Asian street racing theme of memes for us all, haven't fucked with Photoshop (for fun anyway) in years

>>23664866
Can you include some big boobied viet chicks. Lition is now a coomers coin.

>>23664903
Implying it wasnt.

>>23664866
Do it fren, would be much appreciated.
If you could include a GTR (my would be make it car) in one of them that would be sick as fuck.

I hope there will be news this week

Yeah I'm going to give you litties a bump for making a proper general and mostly containing your autism inside of it. What a bunch of gentlemen.
Reduced my exposure to be sure, because I don't know wtf Tomo is, but best of luck to all.

>>23666185
You should hang around for a few more fren, could be worth your while.

>>23665360
Expect a few soon then litbro! Once I get back to the house I'll cook some up.

>>23666185
Thing is we never took it outside of the general. My guess is some moonboys found out the basic fundamentals and from there it kinda took off. Not a bad thing, because how low the market cap is mixed with the fact /biz/ is likely the majority of the wallets that hold, it may have forced Richard (to some degree) to have to make some kind of move.

>>23666102
Anh promised some spotlight stealing

>>23666875
What does that mean?

>>23667316
She said that LIT will make it into the headlines in november, at least if i remember correctly.

>>23667414
Yeah

>>23667414
>>23667525
Neat. Any ideas why?

>>23667414
damn that's HUGE
1000 EOY!

>>23667600
Most likely a new exchange listing.

>>23667617
It's probably going to be more than that. I have speculated about this is in previous threads but I think Tomo had a deal lined up that required GDPR compliance. For that reason, they bought Lition. This makes me think it's going to be a very, very big deal. At least relative to the current size of Lition.

>>23667669

>>23667669
That goes without saying, nobody would believe that Richtard would be able to sell Lition otherwise.

$1 EONovember

hello sirs i have 1 lakh inr to invest is lition investment good

>>23656070
Just got my stack over 10k boys

>>23668702

>>23668702
Congrats

Getting pretty comfy in here frens

>>23669069
It's the calm before the storm

Anyone here run a trust node?

>>23668702
Good starting point

What exactly causes pic related?

>>23670722
they accidentally turned the binance pump bot on before actually announcing the binance listing

>>23670722
Either glitch or unironically a test run lmao

>>23670722
Bitcoin price, I think

So I could have got some at .05. inb4

>YOU HAD TWO SECONDS

sub 8 cents again.
This is retarded...

>>23671239
get used to it

I just bought in and staked my LIT.
I feel like a medium-term crypto bull market has just been validated, plus Bitcoin seems to be ranging above very important resistance turned into support now, giving alts a good opportunity to rally against BTC. LIT is likely to follow, methinks.
Also, check https://coinmarketcap.com/currencies/lition/
It seems like we're in an uptrend that has not stopped yet

>>23671279
Yeah unless Richard wasn't lying during the mid october AMA and we were making 192000 transactions every day giving 19200 LIT in staking rewards or 7 million a year enough to give a 20% APY.
Still rising at 10% a month that should be 210k by now and at 0.01 USD instead of 0.1 LIT should be at 28% APY already, set to double, triple or quadruple in the next year.
Yeah unless that's true I think we should maybe get used to 10 cent LIT.

>>23671378
That's all not taking news, actual new use case + new exchange into account. Lition can't lose. The energy use case alone is worth a lot more than the current price. Richard also talked about paying your energy bill with LIT Tokens which is now possible after the sale to TOMO.

If I already have over 5k staked can I add on less than 5K? Or is it 5k mininmum per stake in

>>23671227
i went from 5k to 15k for .07 per lit

>>23671582
Fairly sure it is 5k minimum per individual stake.

>>23671582
You can’t add to an existing stake, only create new ones, and each stake must be at least 5k.

Half of my portfolio was LIT but I am thinking about going all in with it right now.

>>23667414
Knowing lit the announcement will probably be a 1000 lit to 1 Tomo switch as they retire the lit token

>>23659840
>Maybe in due time, Richard pulls out something praiseworthy again and the focus shifts a little to him again.

Redemption arch when?