/biz/ - Business & Finance

30c eoy

>CEO is known for scamming and pathological lying, has spent most of his childhood in psychiatric hospitals
>The team claim to have been working on it for 6 years but their website was created 2 years ago
>LTO is centralized, slow, and the tokenomics are unsustainable if the price gets higher than $0.5 as it would force clients to pay much more than if they were using a regular a regular company.
>They are using IBM cloud to host empty PDF files and claim they have a partnership with IBM
>The token was only created to get funds in the ICO and could easily be replaced by a stablecoin
>Their only real partner is the government of Afghanistan, which has the 7th lowest GDP per capita of the entire world in 2020 according to the IMF
>Most if not all of their marketing budget goes into paying pajeets to shill their scam on /biz/ and Telegram
>There's no proof that all 60 clients LTO has are paying customers and the team didn't offer a free or discounted trial run to boost their numbers to make LTO more appealing to investors.
>In fact the CEO explained several times that they are giving free tokens to companies to try out their system, and you wouldn't know if these companies stopped using LTO and their transactions were replaced by fake ones.
>IOTA will be able to perform LTO's entire usecase for free. LTO is a fork of waves which offers no real innovation and will be replaced by IOTA.
>CEO is a long time friend of Jed McCaleb and Mark Karpelès, he was the mastermind behind the rise and fall of Mt. Gox
>Most members in the team are trainees with no experience, only the Lead Architect is talented but he was diagnosed with prostate cancer last month
>The parent company of LTO, Firm24 has lost customers and is close to bankruptcy after a scandal involving 2 employees who participated in child trafficking
Please do yourself a favor and use filters to hide every LTO thread. Do not listen to the paid shills unless you want to end up broke. BNB, LINK, UNI or AAVE are better

Bros how do I lease this shit? I'm a retard and I need a full guide. Also a poorfag so I only have 2k but obviously I'm in it for the long term and that's enough to lease right? How does it work? What is the reward/ how is it calculated? What do I need to do? Help a retarded anon pls

>>27997321
Don't bother leasing and get out of this scam. The only reason you get a 7% APY is because the team is paying with ICO funds to fake activity on the network.

do not go all in on moonshots. Spend at least half on BTC, ETH, LINK, UNI etc
Spend the rest on whatever moonshot you want

>>27997276
Thanks anon, that clarifies a lot. Dodged a bullet here.

sad samefagging former vidt cuck

Everythings explained here

>>27997432
>>27997478
>>27997657
>he fell for the fud
Dude are you retarded or not. Thered a general every day. Just spend 2 minutes reading them and youll realize how false all of that is. This project is UNFUDDABLE and no amount of shills will drive the price down. Ive been saying it at .20, now im saying it at .25, you will be priced out and you will regret it

Last few weeks there has been insane accumulation and exchange outflows,
Into long term stakes and holds.
If you dont think this will be reflect in a big pump which is on the way you're a retard

Dyor

>>27997276
sources for this shit?

>>27997276
Damn, I really thought this project was legit, well thanks for the warning. Really disappointing that biz is invaded by shills trying to get our money

>>27996934
Less I would say.

>>27997276
This fud is weak but entertaining.

>>27997276
Retarded scizo alert

>>27998041
>>27997478
>>27997276
Same fag

>>27997276
Broke ass nigger, get back in your fucking cage and don't even try to come out. What a pathetic creature you are.

>>27998245
What?

>>27997276
Gimme a source for all of this. I'm betting you're a salty VIDT holder lmao

>>27997818
Explain why you're so bullish anon...?

>>27996934
If you wanna sell in a few weeks, no, if you have until eoy, yeah, buy and stake it.

>>27996934
MATIC is the best choice right now

>>27997276
Oh hey, this pasta again.

>>27998381
Not that anon, but the fact that LTO provides real utility and already has paying customers makes me confident in a comfy long term hold. Also dividends every Saturday is interesting. If the company succeeds, we are in for good.

Read this doubters. Sources provided
https://pastebin.com/D5ETj3Ks
https://pastebin.com/D5ETj3Ks
https://pastebin.com/D5ETj3Ks
https://pastebin.com/D5ETj3Ks

>>27997276
You accumulating too?

>>27998381
Take something like rubic for example. Their exchange doesnt even work, and its just a shitty dex, yet there are 15 threads a day driving the price up. Now LTO gets about 1 thread a day, for a project that is used by IBM, the UN, and even fucking Saudi Arabia. Shilling cant and wont move the price, there are threads up to inform you and others to grab ahold of the rocket ship before it takes off.

>>279972
Oh no. I just got a 10k stack that I wage slaved for. Your fud seems genuine but I'm usually bad at telling. Why cant people just not lie

>>27998718
>https://pastebin.com/D5ETj3Ks
Useful Anon

Hope it keeps crabbing for a bit I really need to accumulate at least one more time under 25c.

>>27996934
FUD is back, I guess it's the buy signal. We're going to x2 in the next week. Screencap this

crabbing piece of shit

>>27997478
LOOL you believe some random cuck on the internet coming up with the most schizo conspiracy? You do realise nothing he’s said is based on any facts hahahah.

lol can't even get the same volume as shit vidt
ultimate midwit coin with desperate staked bagholders begging people to pump their bag. will not end well. many such cases

>>27998041
Dude he made that crap up hahahah.

You’re probably the same nerd just using a VPN.

>>27999935
Of course not retarded pajeet fag, that's called sarcasm.

>>28000000

I'd rather you lazy faggots who can't DYOR not get in on LTO, go play with your fucking rubic cube while drinking your milk shake.

Nigger

>>28000554
lol fuck you and your manipulated low volume shit. can't even fucking perform better than the coin your nigger ceo absorbed (vidt) lololololololololol

lolololololol
The fuck ...are you ten ? Go get laid kid.

>>28000920
>have sex
getting lition vibes in here
keep staking lololololololololololol

this lition meme again. these niggers are reaching

>>28001067
Stay poor faggot

>>27998912
This anon gets it

>>27997276
IM ACCOOOOOMULATING

>>28001912
keep staking hahahahahahahahahhaha
how come you have lower volume than shitty vidty hahahahahhahaha

>>27999724
Agreed,
way smaller exchange outflows have pumped us in the past

>>27999935
>LOOL you believe some random cuck on the internet coming up with the most schizo conspiracy? You do realise nothing he’s said is based on any facts hahahah.

>>28002104
Have sex :)

>>27996934
Only 900 55k LTO make it stacks available on binance. This past weeks generals has all the research done so far on the coin that /biz slept on. The riddler was right after all!

I see the potential in the concept of LTO, but I've looked at the developers and their LinkedIns, they are all fucking idiots holy crap. I can't put money into this.

>>27997276
kek

>>27997276
You're improving

>>28003464
funny you should mention Linkedin.