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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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24020870 No.24020870 [Reply] [Original]

>FAQ about the acquisition
https://forum.tomochain.com/t/faq-tomochain-lition-acquisition/740
>Liquidity program stopped, staking stays the same, token burns replaced by 6 month lock.
https://medium.com/lition-blog/updates-on-litions-outstanding-programs-pre-acquisition-df445620bd43
>Long Dong's waifu Hong brings TomoChain's October review
https://www.youtube.com/watch?v=TcMbhH5GBIw
>AMA recap
https://medium.com/tomochain/tomochain-lition-ama-recap-ce68361af529
https://www.youtube.com/watch?v=_MKM-0Zgq6E
>Tomodrop for LIT holders. Get 18 Tomo ($10) or 30 Tomo ($17) depending on how many tokens you transfer to TRC-21, you can always switch back.
https://medium.com/tomochain/tomochain-lition-welcome-event-60-000-usd-giveaway-in-phase-1-9b2871922c10
>Altcoin Buzz take on Lition acquisition
https://www.youtube.com/watch?v=nWrHDfJ1uhY
>New Central Banking usecase
https://lition.io/index (bottom of page)

>Official Site:
https://lition.io/

>What is Lition?
https://youtu.be/upUoOSnZvdY

>How To Buy:
https://dex.tomochain.com/trade/LIT-USDT
https://idex.market/eth/lit
https://app.uniswap.org/#/swap?outputCurrency=0x763fa6806e1acf68130d2d0f0df754c93cc546b2

>How To Stake:
https://medium.com/lition-blog/getting-started-with-lition-pool-staking-how-to-deposit-733ff18cb8f3

>Lition Energy Mainnet Dashboard:
http://bcenergymainnet.lition.io/dashboard

>Twitter:
https://twitter.com/Lition_Block

>Whitepaper:
https://www.lition.io/docs/Lition_Whitepaper.pdf

>Price:
https://www.coingecko.com/en/coins/lition

>Previous threads (newest to oldest)
#159 >>23991206
#158 >>23984900
#157 >>23944962
#156 >>23927351
#155 >>23909374
#154 >>23904357
#153 >>23880288
#152 >>23838389

>> No.24020925

Im all in on Lition, bought at 11c. Please Anh pump my bags before the GBR

>> No.24021046
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24021046

Could we just for once not pin all our hopes on a twitter announcement that didn't even mention the Lition project in name?
I mean its just an idea.
Thank you for baking.

>> No.24021090

>>24021046

STOP FUDDING!!!!! REEEEEEEEEEEEE

>> No.24021262
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24021262

>>24021090
Pump pump pump
Moon moon moon
Binance when?
$1 EOY
When suck Long's Dong?

Better?

>> No.24021338

>>24021262

Yes, this is quite nice. Honestly if it is a disappointment we can neck ourselves

>> No.24021459
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24021459

>>24021338
We have a pre announcement dump already.
Let's just call it a day and neck ourselves early on.

>> No.24021516

>>24021459
Its not today its tomorrow isnt it? Also its probably nothing to do with lition so shut the fuck up

>> No.24021546
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24021546

>>24021516
its been 24 and a half hours

>> No.24021592
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24021592

>>24021546
Why???

>> No.24021906
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24021906

What's happening Litbro's?
I don't feel so good...

>> No.24021922

>>24021592
tweet made at 5pm hanoi time
its now 6pm the next day ie tomorrow

>> No.24021940

>>24021906
Morale is low, a nothingburger is expected

>> No.24021952

It will come. They are preparing, that why it is late.

>> No.24021974

>>24021952
Are you an insider or are you just winging it.

>> No.24021983
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24021983

LIT is going to 0, thats when I will be buying all your bags and moon

>> No.24021992

>>24021974
Looks like cope to me

>> No.24021999

>>24021983
Too bad I'll be pulling all liquidity then, sweety.

>> No.24022070
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24022070

>>24021999
gimme all your litties

>> No.24022233
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24022233

728k LIT was traded in the last hour...
Most notably a 105k dump.

>> No.24022253
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24022253

NEW LOW WTF IS GOING ON???

>> No.24022286

Pre announcement dump means it's probably a complete nothingburger for LIT

>> No.24022394

>>24022286
Told all you fuckers to not get excited about a tweet that doesn't name LIT.

>> No.24022723
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24022723

>> No.24022747

>>24022723
Yeah fuck you retard.
Thanks for the 30% dump due to hyping expectations.

>> No.24022772

WE ARE ALL IN THIS TOGETHER

DO NOT UNDER ESTIMATE THE POWER OF POSITIVE THOUGHT! ESPECIALLY COLLECTIVE POSITIVE THOUGHT!

THIS SHIT IS GOING TO REACH $1,000 EASILY!
HOLD THAT THOUGHT AND VISUALIZE IT IN YOUR MIND EVERYDAY AS OFTEN AS POSSIBLE STARTING NOW AND IT WILL MANIFEST INTO REALITY. DO IT! I'M NOT JOKING!

VISUALIZE AS OFTEN AND AS DETAILED AS POSSIBLE!

>> No.24022821

1 United States Dollarino
1 United States Dollarino
1 United States Dollarino

It is coming. If you believe it or not.

1 United States Dollarino
1 United States Dollarino
1 United States Dollarino

>> No.24022905

>>24022772

IT WORKS!!!!!!!

>> No.24023105
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24023105

>>24022905
WTF? More power!

>> No.24023212
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24023212

>>24022905
>>24023105
EAAAAHHHAAAAAAAAAAAAAAA
WONCHOOCHOCHIWEEEAAAAHHHAAAAAAAAAAAAAAA
HEEEEEEYYEEAAAHHHEHHHHYEHYEHEAAHAAAHHHHHEEEEEYYYEEEAAAHHHHHHHYEHEYEHAAAAHHHHHH
WONCHOOCHOCHIWEEEAAAAHHHAAAAAAAAAAAAAAA
WONCHOOCHOCHIWEEEAAAAHHHAAAAAAAAAAAAAAA
HEEEEEEYYEEAAAHHHEHHHHYEHYEHEAAHAAAHHHHHEEEEEYYYEEEAAAHHHHHHHYEHEYEHAAAAHHHHHH
WONCHOOCHOCHIWEEEAAAAHHHAAAAAAAAAAAAAAA
WONCHOOCHOCHIWEEEAAAAHHHAAAAAAAAAAAAAAA
HEEEEEEYYEEAAAHHHEHHHHYEHYEHEAAHAAAHHHHHEEEEEYYYEEEAAAHHHHHHHYEHEYEHAAAAHHHHHH
WONCHOOCHOCHIWEEEAAAAHHHAAAAAAAAAAAAAAA
WONCHOOCHOCHIWEEEAAAAHHHAAAAAAAAAAAAAAA
HEEEEEEYYEEAAAHHHEHHHHYEHYEHEAAHAAAHHHH
BRBRBRRBBRBBRBRBREBREBRERBERBEBB
SHOOWWOOAOOWWWOOOSOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
YEAHHHAEHAHEAHHHHHHHHWAAAAAAAAAAAAAAAAAAAAAAAAAAAAAIUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUYEAAYEAYEAYEAYEAYEAYAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAYAYAYAAAAAAAAAAAAAAAAAAyeWWOWOWOWOOWOWOUYUUUUWWOWOWOOWWOOWoooo

>> No.24023247
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24023247

>>24023212
LLEEEEEETS GOOOOOOOOOO

>> No.24023397

https://youtu.be/Pca24nzCdu0

$10 lition by eoy 2021

>> No.24023508

tomo partnered with government of vietnam education ministry swapping asap

>> No.24023551

>>24020870
> token burns replaced by 6 month lock.

Wtf does that mean? What is total supply after all burn and unlock complete? It was 100m as i remember, what is it now?!

>> No.24023573

>>24023212
dựa trên

>> No.24023591 [DELETED] 

>>24023551

>> No.24023626

Not gonna lie those are some pretty huge news https://medium.com/tomochain/tomochain-partners-with-vietnams-ministry-of-education-to-secure-millions-of-diplomas-on-the-c18cebfe22e8

>> No.24023637
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24023637

>>24023551
120 Million
Tank yu foa pwaying!

>> No.24023649

>>24023626
>>24023508
Holy shit, will they use Lition for this though?

>> No.24023714
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24023714

this is massive for TOMO and LIT
holy shit lads

>> No.24024048

>>24023714

No it isnt. It is huge for TOMO, nothingburger for LITION.

>> No.24024062

>>24023649
I don’t think so but it opens up to further partnerships with government of Vietnam for central banking

>> No.24024099

>>24024062

This is the idea. They will require LITION to run on TOMO for any advanced usecases.

>> No.24024135

>>24024048
Which is precisely what we warned these Lit bagholders about. Lit is dead, Richard sold it off to the highest third world bidder. Do you really think Tomo, who remember are themselves still a fairly small project marketcap wise, are gonna dilute the success of their own name and token for some dead euroscam?

>> No.24024142

>>24024099
>>24024062
It proves TOMO can get large use cases on board. Central banking on LIT is extremely likely now.

>> No.24024211

>>24024135
How will they utilize LIT's privacy technology, which is why they bought the project to begin with without the use of the LIT eco-system and LIT token if this is true?

>> No.24024250

>>24024142

Yup, long term, huge for Lition, short term it isnt much. Gonna stake again and forget.

>> No.24024464

>>24024250

Short term I guess we will go down to 3-4 cents. Not much gonna happen in the forseeable future.

>> No.24025341

Done with this shit. The sellout is walking away unharmed while my portfolio bleeds to zero. I'll start selling today. Yeah I know dumb faggot here, but better walk away with at least some eth.

>> No.24025399

I was so fucking mad when I woke up this morning and thought the big news was some exchange listing. Watching the telegram and high on hopium right now. Definitely a long term hold
though. They said lition will not finish transition phase until Jan 2021. All the lition tomo people in the TG don’t seem retarded

>> No.24025526

>>24024464

That'll hurt. Time to hibernate for 2 months.

>> No.24025642

Could be a good play to swing to TOMO and then buy back in December. doing this with what im not staking

>> No.24025723

>>24024211
They also bought the code, just copy and paste the things you need into HOMOCHAIN.

>> No.24025725

>>24024048
>>24024062
This basically.
It doesnt have anything to do with LIT but shows the capability of the team that manages LIT now.
Quite a bit better than Richard only snagging the docmosis usecase.
What's even crazier is that TOMO is down for the day.
First usecase with a government to this extent and this 50M crypto doesnt moon. Crazy.
Fucking markets just want farming tokens made by anonymous devs

>> No.24025903

>>24025725
Predictions for TOMO mcap?
This should see them through 100 Mil at least. Long term 1-10 Bil

>> No.24025979

>>24025903
I dont know tomo well enough.
But if its only 50 million i would have expected 10-30% rise on news like this. Just by virtue of recognition and holders getting more certain of their investments, not selling buying more...
I have no clue why you would sell TOMO on a day like this.

>> No.24026435
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24026435

French anon anon was right all along

>> No.24026590

get involved in the class action suit against Richard. This is the path to making our money back

>> No.24026637
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24026637

hes watching

>> No.24026714

>>24025723
Perhaps im being a brainlet but homochain is layer 1 tech and LIT already an established layer 2. Can homochain token still be implemented into a layer 2 product as PoS if its the token which the layer 2 is supposed to run on?
If not then why would homochain spend the resources/manpower required swapping the LIT code over to a new token when the value of both technologies will still be split in half regardless.

>> No.24027013

>>24026590
Shut up, I swear you fuckers are going to ruin my path to riches. It's not Richard's fault that most investors were to dumb to understand what is going on.

In a year from now there is 80% probability that Lition will handle the transactions of:
> a >50M USD revenue company
> the Vietnamese central bank in some capacity
> certification of 50M docmosis pages

This is a direct result of Richard's leadership and his foresight to abdicate his leadership role. Everybody selling thit at 5 cents or 3M Mcap needs to get his brain examined.

Anybody suing Richard and jeopardizing the future of this investment is an absolute retard.

>> No.24027062

>>24025723
They also bought the bag of 50M outstanding Lits and the capability to stake some of them and generate a lasting revenue from their investment if they make it thrive.

>> No.24027088
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24027088

>>24026637
He's not wrong...

>> No.24027247

My entire folio is staked. Sigh

>> No.24027353

Not the real Shitgen, faggots, come join the new thread:

>>24027190

>> No.24027741

>>24027353
What do you get out of this?
Do you really think you will be able to drive he price even lower and then buy?
Do you not think that you're behaviour creates a culture of fudding this coin?
A culture that will persist after you longed?
Are you incapable of cognitive thought?

>> No.24027816

>>24027741

He is just a kid troll who lost money.

>> No.24028251
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24028251

picrel, the coin

>> No.24028363
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24028363

Watch, it will pay...

>> No.24028370

>>24023637
Lol. So that anouncements about token burn bla bla were all scam, wasnt it?

>> No.24028389
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24028389

...I might have been early but I'm not wrong.

>> No.24028436
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24028436

As far as I know soon the Uniswap will meet real competitors on the DeFi market. As far as I know, the Dymmax (dymmax.com) has all chances to lift even higher tothemoon. What is your opinion?

>> No.24028445

>>24028363
>>24028389
kek
still the best /biz/ movie by a mile

>> No.24028456

>>24028436
>2007 meme
>pajeet english

Holy shit Patel. Try atleast for real.

>> No.24028630

>>24028370
Well it were announcements backed by nothing but a gentleman's agreement.
Tomochain isn't obliged by any means to uphold the agreement that Richard made.
Burning it was probably no the best thing to start with anyway.
Remind yourself that at ICO 175 million got minted.
55 Million got burned already.
ICO price was 10 cents too for a total fully dilluted value of 17.5M USD.
Now, 1.5 years later, with live mainnet, with a 10-fold increase in primary usecase, a new usecase and a more capable team to get new usecases, we're just above 5 cents for a fully dilluted valuation of 6.5 Million.

>> No.24028708

>>24022253
comfy as fuck, going to increase my accumulating 2 fold

>> No.24028898
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24028898

ITS OVERRRRRRRRRRRRRR

>> No.24028927

>>24021906
rugpulled fuck sake

>> No.24029906
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24029906

The price will crash for sure until EOY and probably even later. Is anyone going to buy at $0.3 here or you target less than that?

>> No.24030438

>>24021046
HOLY UNNATURALLY SHAPED ELEPHANT SHITE is that a pumpkin? That is one jolly ginormous pumpkin, mate.

>> No.24030974
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24030974

Quick rundown on today's news? Did mummy deliver?

>> No.24031475

>>24030974
No

>> No.24031637

>>24027013
Too bad and I reported him to BaFin for illegal securities. What are you going to do about it?

>> No.24031711

>>24031637
They're not registered in germany.

>> No.24031913

>>24031637
Nice LARP faggot

>> No.24032218

>>24031711
Germany considers German citizens to be under their jurisdiction enjoy the ass pounding