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

/biz/ - Business & Finance


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File: 465 KB, 900x873, chadlgedition.png [View same] [iqdb] [saucenao] [google]
23367206 No.23367206 [Reply] [Original]

AMA Oct 15 Highlights:
>Mainstream exchange listing to be announced this month
>Lition will be expanding its energy blockchain ecosystem by adding a price oracle with the industry leader in this field
>In the next two weeks "very, very special unique news" will be announced for something that has never been done before in the "blockchain sphere". This will be announced with Lition's partners and will include a redesign of the Lition website.
>New use case announced with Docmosis:
http://www.docmosis.com
>Watch the AMA here:
https://youtu.be/YdIg4y6TRUg

Other News:
>Richard featured in New Powercloud video:
https://youtu.be/SUjnsq0jWFA
>AnyBlock Tools joins the Lition network as a validator:
https://twitter.com/Lition_Block/status/1314540951700996097
>Uniswap Liquidity Program announced:
https://medium.com/lition-blog/introducing-the-lition-uniswap-liquidity-rewards-program-50b18dfcbcae
>MAINNET IS LIVE:
https://medium.com/@Lition_Block/a-new-dawn-the-lition-mainnet-has-arrived-b69209c87220

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

>How To Buy:
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

>Staking Calculator:
https://www.litionstaking.com/

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

>Apply to be a Validator on the Lition Energy Mainnet:
https://docs.google.com/forms/d/e/1FAIpQLSeYN67q44z5zEsl526xQyfJAX1rZJCw8QsKJJZ4FOHCf0_-Ng/viewform

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

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

>Whitepapers:
https://www.lition.io/docs/Lition_Whitepaper.pdf
https://www.lition.io/docs/Lition_TechnicalWhitePaper.pdf

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

>Previous threads (newest to oldest):
* official /lg/s
>>23336621 *
>>23307764
>>23293720

>> No.23367237

gutenmittag

>> No.23367246

I hope Mike is alright. I'd advise that he visits Richard but as we all know he's not a real Doctor.

>> No.23367272
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23367272

>>23367246
He's fine I caught him shilling lit on another thread last night pic related
>>23353929

>> No.23367329
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23367329

>>23367272

He unironically invests in the best projects. Maybe his growth is just his brain expanding. Or perhaps a sign of biblical inspiration.

>> No.23367442 [DELETED] 

Bruhs I live in Germany. Should I invest in this shit? I got like 1000€ to drop.

>> No.23367483

>>23367272

When I'll be sitting on my yacht in the Caribbean, watching the sunset with a few fellow LIT holders I invited over.
We will look at each other and talk about the early days: "Remember mike? Those were the days."

:,)

>> No.23367517

>>23367442
read the whitepaper
(yes)

>> No.23367568 [DELETED] 

>>23367517
I look into it.

>> No.23367701

>>23367442
only wenn du der knechterei bis ins hohe alter entkommen willst

>> No.23367709 [DELETED] 

>>23367701
How do I buy it from here? Easiest way. If it flops I can always murder the fags (in Minecraft).

>> No.23367746

>>23367709
buy eth with euros, send to metamask, use uniswap to buy lit

>> No.23367815
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23367815

SHITION

>> No.23367820

>>23367709
I use bitcoin.de was fiat ramp on because it has the lowest fees but that's up to you

uniswap from there

>> No.23368071
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23368071

>>23367815

>> No.23368298 [DELETED] 

>>23367820
I have a n26 bank account. Boi I hope they make it possible to buy Litty from the app one day if they are already in a partnership. Could be huge.

>> No.23368330

Heil LITler o /

>> No.23368640

>Mainnet fixed
>New partnerships secured, more coming
>Staking rewards of 30%/year
>New use case almost live, with more in the works
>Devs teasing with cex listing, top shelf oracle integration, and other big announcements
>Price still down 2/3 from ath, where the momentum was killed by a failed mainnet
Can someone tell me why a GDPR compliant project that has already working real word use cases,
backed by a successful and growing startup behind it, with devs connected to Germany's crypto regulatory board
is being valued lower than literal food/meme coins?
>But Anon, when the bear market ends and the golden bu-
Shut up bitch, look at what some of the scams out there, or other legit projects like QNT are doing. The money is there, but it's sure as shit not flowing into lit.
>Anon, nobody knows of this coin we're so ear-
Biz was even earlier a year ago when it reached ath, it couldn't come nearly as close since then, even though a lot more people got exposed to it.
It literally is about to take on the same use case as vidt has as its SOLE use case, and that shit did a 15x.
Something doesn't add up for me, I'm balls deep in lit, and staking 80%of my stack because I don't want to sell,
but I still have this feeling in the back of my mind that something is wrong here.
I refuse to believe that we're sitting on a pile of gold that almost literally no one gives a fuck about outside of these threads.

>> No.23368763 [DELETED] 

So what are the major concerns with this?

So far I have found:

>part of dev team left
>team is supposedly dumping - why?
>constant doubt casted on the SAP partner ship - what is going on there?

Most people don't expect this to moon anytime soon or fast? More a slow burn.

With how autistic Germany is I don't really see how they could ever get away with making up relations with SAP. They could be lying and overblowing their closed deals with company and make them sound bigger than they are.
The energy business is definitely real and as every German knows ENERGY IS EXPENSIVE as fuck so theyll definitely make money with that.

The 2nd attempt at making it stable could fail as well? It's a gamble to get in now but that's where the money is.

Its definitely undervalued especially because it's a coin and technology that found success in a late and hard to adapt in market like Germany.

>> No.23368815

>>23368640
It's an irrational market. /biz/ is 90% bots, pajeets, and retard moonboys. I bet that we'd have twice as many /biz/ holders if the whitepaper wasn't as long as it is. LIT also doesn't have much exposure. We just need to play the waiting game.

>> No.23368858 [DELETED] 

>>23368640
lol I'm basically thinking the same atm. It's weird that there isn't any hype around it and that it's so undervalued. Only thing I can come up with here is that it's from Germany. Germans literally don't know about crypto and they won't go around shilling it in the English speaking online spaces.
PLUS a lot of people simply aren't aware what it means that it's from Germany in terms of regulations, autism and how legit it is and treat it like any other scam coin in terms of skepticism.
It's success relies on making the 2nd attempt work. They claim it's working but we don't know.

>> No.23368883

>>23368640
I have to partially agree with you here. I think one of the reasons why LIT often flies under the radar is that amerifats don't recognise the value (yet).
GDPR, SAP & Volksbank & N26 are all huge things but not as recognised outside of Europe. I am still confident that our time will come though.

Also, don't worry about all the scam coins & the recent DeFi hype. Given the nature of many of those projects and their incentives (HUGE PROFIT IN NO TIME JUST BUY IN!!! GET RICH QUICK, etc. etc.) it attracts a shit ton of just clueless normies and NEETs. And not just on /biz/, just imagine how many stupid fucks are buying into these scams from facebook / insta / twitter groups / pump and dump discords/ etc.
simply because they promise easy and fast money.

>> No.23368915

>>23368763
The CTO of sap cowrote the whitepaper, there are "old" videos of him talking about lit, and it's still on his linkdin (where he only had lition and sap).
There hasn't been much news about the lit sap partnership in a while, but it's the kind of stuff that could be under a NDA

>> No.23369017

>>23367442
>>23367442
Yes you should, also change to lition energy, they take over all the paperwork, and i’m saving 10€ a month. And 100% Green energy

OT3FAN Use my Code for 25€ discount

>> No.23369068

>>23368858
I live in Germany and I've been visiting biz daily since early 2017 (<40c link), and only recently this year did I realize that Lition wasn't some crappy scam coin.

I'm not sure if it was the name or the lack of general buzz, but only when I finally ready through a LitG and then read through the whitepaper / website did I suddenly decide to jump in, and now I plan to make Lit one of my top 2 - 3 holdings.

I think it's a good thing - I'm glad I got in before FOMO and at only +25% on ICO price - if the team and the chain can be the primary point of entry to the blockchain space for Europe this thing is going to explode one day. Add in staking, clean energy market, p2p energy trading & more use cases. The potential is so high that the price is a no brainer.

>> No.23369191

>>23368763
>part of dev team left
they have a fully working product right now & solid devs behind it iterating new releases. no need to renew contractors if there is no extra workload that can't be sustained by the existing dev team.

>team is supposedly dumping - why?
that's one of the most senseless FUD surrounding this project. They just needed some extra working capital. It happens all the time in and outside of crypto and is far from being a bear signal. (except if you are invested in a very insincere business which is often the case with hyped crypto projects that have no substance to them)

>constant doubt casted on the SAP partner ship - what is going on there?
takes literally 30 seconds to research and debunk. look at their white paper (co-signed by SAP CTO) and look up interviews between lohwasser and SAP.

>> No.23369192

>>23368640

Bro, I know, right. It is crazy. I had the same experience with LINK back in the day. Everyone had seen the threads, but almost no one bought. We were holding for ages, and then it started mooning. People still refused to buy for no reason, because they didn't like to be wrong or late. Then it hits 5 dollars, 10 dollars, 15 and almost 20. Now retards on this board write "Yeah, I knew about LINK at 20 cents.." like it is a accomplishment. Mind your own business, you are stockpiling gold, we have led so many anons to water, instead they shit and piss in it. Thats their issue.

Our two usecases currently: Beats EWT: 200 mill cap.

VIDT: 50 mill cap.

Lition Cap: 7 mill.

Its just laughable. Our time will come. We know what we got here.

>> No.23369228

>>23369068
Same here, i didn’t get the use of the coin for an energyprovider... but now i get it!

But that’s the same with Chainlink (i’m an ico buyer). once the real partnerships will roll in People will Start to see it.

I’m allready comfy earning 15k lit/month so i kinda allready made it, it’s only up from here

>> No.23369235

>>23369068

Yup. Mostly us EURO-fags with a few years of understanding realize what the scope of Lition is.

>> No.23369266

>>23369228

Jesus christ. 1 mill ++?

>> No.23369289

>>23369228
>15k/month
What? How much are you staying?

>> No.23369494
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23369494

>>23367206
>>23369068
>>23369191
>>23369192
>>23369228
Yeetcrypto on twitter check them out

>> No.23369641
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23369641

>>23369266

>> No.23369665

>>23369266
>>23369289
Nope only a bit more then 400k, the staking gains will go down if more nodes go online, but they said they allready have enough income from the energy chain to Support this so this will only increase

>> No.23369731

>>23369665

Ah. Trust node. Must be comfy. Seems like the gains are double what you would usually get with a 12 month + compound.

>> No.23369752

>>23369665
Holy fuck the trust node rewards are insane, what kind of info do you have to give to set one up?

>> No.23369908

>>23369494
Post hand with timestamp.

>> No.23369946

Lately I dumped my AMPL and some of my UNI for LIT, so I went from 5k to 10k litties. Never been comfier in my life.

>> No.23369967

>>23369494
Pajeet I sincerely hope your family dies in a callcenter fire

>> No.23369984

>>23369731
Trust node is automatically compounded as rewards are just added to the stake. And not quite currently around 44% apy but goes down every week due to new nodes/people adding to their stakes

>> No.23370025 [DELETED] 
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23370025

>>23367820
i just logged into my bitcoin.de account. a blast from the past bros. those were the days.

>> No.23370145

>>23370025
I was a kid when BTC was at these prices and I am forever upset with myself for not putting my few hundred dollars into BTC. I told my mom to buy some but she didn't. She told me that a cashier at the grocery store talked to her about BTC at the time. I hope he made it.

>> No.23370248

>>23369752
pretty easy, even for people with no idea about starting up a vps etc.. the deffs are really helpfull and they have a pretty good document where everything is explained.. but wait a couple of months so we still get our massive gains

>> No.23370368
File: 3.64 MB, 480x360, Lition_crash.gif [View same] [iqdb] [saucenao] [google]
23370368

AHHHHHHHHHHHHHHHHHHH

>> No.23370388

>>23370368
We are at 14 cents on uniswap retard

>> No.23370456
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23370456

>>23370388
ONE
NOTHING WRONG WITH ME

>> No.23370492

Here is my hot take. The new 'huge' announcement will be a partnership between Lition, Deus and Link. They are going to create a decentralised stock exchange on Ethereum. Their first stock will be Tesla. Lition will also announce an energy partnership with Tesla. All of this will begin to take off in November.

>> No.23370516 [DELETED] 

>>23370492
idk ur thinking a bit too big but Tesla COULD be a thing since the new factory is going to be in Berlin or at least close and they seem to have good ties with Berlin companies e.g. N26 also from Berlin.

>> No.23370544

>>23370368
kek wtf was that

>> No.23370557

>>23370516

I guess I was connecting too many dots. Deus are announcing Tesla on blockchain first week in Nov. They're also doing 'something which hasn't been done in the blockchain sphere' and their project lead is also in the Lition telegram and seems interested in the project. Both are also working on Oracles. But this is pure brainlet speculation to be honest :D

>> No.23370606
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23370606

>>23370456
TWO
NOTHING WRONG WITH ME

>> No.23370740

>>23370516
I heard people talking about how LIT could be the basis for a DEX. How would this be done?
>>23370492
Tesla being powered by Lition energy seems too good to be true, but consider this:
1. Lition energy is comparatively inexpensive.
2. Lition energy provides green energy.
3. Tesla wants to minimize cost and use green energy as much as possible.
So why not use Lition energy? Even if it's just short term, it seems like the best option for Tesla's energy needs.

>> No.23370769 [DELETED] 

>>23370740
>I heard people talking about how LIT could be the basis for a DEX. How would this be done?
idk nigga im new to LIT

>> No.23370773

>>23370740
Sorry, I transposed my replies. I am generally replying to both of you anyways.

>> No.23370818
File: 71 KB, 800x765, pepe_tired_of_this_bs.jpg [View same] [iqdb] [saucenao] [google]
23370818

>>23370368
>BTC pamping
>LIT dumping
>mfw

>> No.23370839

>>23370492
I... I'm gonna coom!!

>> No.23370859
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23370859

>>23370606
THREE
NOTHING WRONG WITH ME

>> No.23371059

>>23370740
Well you could set up an exchange with sidechain for all the kyc bs, lock up tokens in a smartcontract and with some blockchain wizardry make them pop up as a lit-x token, that can be burnt to unlock the token on its og blockchain.
And voila you got a gdpr compliant, low fee exchange

>> No.23371235

>>23370557
What’s deus? Can’t really find a lot about the thing with tesla?

>> No.23371260

>>23370557
Would be so funny if you turned out to be right.

>> No.23371341

This Tesla talk needs to stop. I don't want hopes getting up, only to be dashed. But I'm also really enjoying it.

>> No.23371358

>>23370818
alts usually dump when btc pumps

>> No.23371448
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23371448

>>23370859
FOUR
NOTHING WRONG WITH ME

>> No.23371473

Looks like the bullrun has started

>> No.23372194

>>23370740
There's another angle you haven't considered. Link just did a hackathon connecting smart contracts to Tesla cars. One of the usecases was vehicle authentication/verification. If Lition can authenticate documents, they can authenticate the (buy documents for) Tesla cars too

>> No.23372209

lol, guys it's gonna be Tesla calm the fuck down.

>> No.23372227

>>23372209
****IT'S NOT GONNA BE

>> No.23372287
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23372287

>bullrun
>lit is the only coin not pumping

Every single time. It's all so tiresome.

>> No.23372316

>>23372287
>btc up 2%
GUISE BULL RUN, IT IS HAPPENING!!!!

>> No.23372325
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23372325

>>23371448
>>23372287
AHHHHHHHHHHHHHHHHHH

>> No.23372428

>>23371473
The real bullrun starts when BTC breaks 20k. I don't see it happening this year but who knows.

>> No.23372625

>>23368640
>Price still down 2/3 from ath, where the momentum was killed by a failed mainnet
No the price is down because of token unlocks. Early investors decided to dump all their tokens. The only reason why the price got that high was because of low supply. The price didn't move anywhere near as much after the mainnet failed.
>Can someone tell me why a GDPR compliant project that has already working real word use cases, backed by a successful and growing startup behind it, with devs connected to Germany's crypto regulatory board is being valued lower than literal food/meme coins?
Because the market is irrational. But that's a fantastic buying opportunity because it won't be this way for long.
>The money is there, but it's sure as shit not flowing into lit.
Your argument is based on what is happening today and you have absolutely no ability to extrapolate into the future.
>Something doesn't add up for me
It seems too good to be true doesn't it? I can assure you it isn't. Just have patience, I don't think we'll have to wait that lmuch longer.
>but I still have this feeling in the back of my mind that something is wrong here.
Unless you actually find a reason then it's just paranoia.

>> No.23372705

>>23368763
>part of dev team left
No. Contractors left.
>team is supposedly dumping - why?
To pay for things to expand the business. This isn't "dumping"
>constant doubt casted on the SAP partner ship
There isn't any doubt.
>Most people don't expect this to moon anytime soon or fast? More a slow burn.
That's not even true either. That isn't what most people expect in the upcoming weeks.
>The 2nd attempt at making it stable could fail as well?
No it's not going to fail if you know anything about why it failed in the first place, their fixes and the sheer amount of tests that they've done.
>It's a gamble to get in now but that's where the money is.
Stop projecting your ignorance onto us. It's a gamble for you because you don't have a clue with what you're talking about.

>> No.23372841

>>23372287
ngmi

>> No.23373098
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23373098

>>23372705
>>23372625

>> No.23373099

>>23372705
Based rebuttal.

>> No.23373108

>>23367442
And after you do that: >>23369017
Tell all your friends for more discounts.
Invest all discounts and savings in LIT.

>> No.23373589 [DELETED] 
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23373589

>>23367442
Alright I actually did it

>> No.23373625

>>23373589
You are gmi fren, we will remember you

>> No.23373661
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23373661

>>23373589
Based welcome fren

>> No.23373864

Funny how people complain about the crabbing when Lition has done almost 8x in less than a year. I'm just a bit salty I didn't get in earlier, I was totally out of crypto between july 2019 and july this year. Don't get me wrong we're all still early but I could already have a 6 figs stack instead of the low 5 figs I have now.

>> No.23373890
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23373890

>>23373589
Welcome fren

>> No.23373896

>>23373589

Congrats. Welcome aboard.

>> No.23373902

>>23373589
Is the maintoken still ERC20? Will there be a swap to mainnet coin, or will it remain ERC20?

>> No.23374051
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23374051

>>23373902
Mainnet is layer 2 for eth so just hold or stake the erc20.

>> No.23374175 [DELETED] 
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23374175

>>23373625
>>23373661
>>23373890
>>23373896
WE ALL GONNA MAKE IT

>> No.23374423

>>23368298
Based

>> No.23374792

Are the devs planning on reducing tx fees to 0.001usd/tx? Because our returns would be insane at 0.01usd with 96tx a day it's essentially $1 per household, @250k households
At 50k tokens
$250000*(50000/105mil)*365 = $43452 in staking PER YEAR?? That seems absurdly high. So in an estimated 2-3 years anyone with 50k tokens should be getting $43k worth of LIT, irrelevant to the value of the coin. Wtf? Have I missed something?

>> No.23375040

>>23370557
Post links and sources please anon, lets do some digging

>> No.23375156

>>23374792
They are not going decrease the fees to 0.001. The fees are currently 0.1 LIT or 0.013 usd. They are going to get lowered and locked at 0.01 usd at some time in the future.
However they are and already are grouping multiple users in groups and thus not sending 96 txs/day/household.
Hozever even at current txrate and customer base enough fees are being payed to guarantee a 20% APY. This means roughly 900k usd total staking income per year.

>> No.23375369

>>23375156
Ah ok, I knew they're reducing it to 0.01usd but was wondering if it'd go lower still. Would be nice to know what the new average tx per household is so I can still daydream how much gains I'll get a couple years down the line.

>> No.23375610

>>23375369
My estimate would be 8-10

>> No.23375692

>>23375610
That would be an extra $3 per month for the energy customers. How much do they pay already? $60?

>> No.23375708

I just got baited by the announcement channel

>> No.23375794

>>23375610
Lol, so in essence that's the same as having a tx go to 0.001, fair enough. Although my assumptive calcs assumed every single coin was being staked which obviously won't be the case. Could still be looking at 15k a year at 250k households

>> No.23376036

>>23375794
>Although my assumptive calcs assumed every single coin was being staked which obviously won't be the case
Not only are most tokens not going to be staked, they are all going to be distributed amongst various sidechains.

>> No.23376268

>>23367206
Did XRP fags become LIT fags?

>> No.23376329
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23376329

>>23376268

>> No.23376354

>>23376268
No, but OG LINK marines did, you raging bottom.

>> No.23376472

>>23376354

^

>> No.23376493

>>23376036
How exactly is that going to work? Is it that you only get staking rewards from the tx fees for the usecase you're staked in? Does that mean we won't receive tx fees from docmosis+other new usecases?

>> No.23376498
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23376498

>>23376268

>> No.23376537

>>23376493
Yes. It's self-balancing though as nodes go to where there's the most rewards, so if a new sidechain opens, nodes will migrate there to get the new rewards.
Then the system will reach an equilibrium where the nodes in the new sidechain get as many rewards as the nodes in the other sidechain.

>> No.23376582

>>23376537
So this will be a semi automatic process where I don't have to worry about it? Sweet.

>> No.23376588

>>23376268
what a random, baseless and stupid assumption. xrp is a shitcoin. lit is true gold.

>> No.23376638

>>23376582
Yes, you can lean back and stake.

>> No.23376715

>>23376537
Same go for staking pools?

>> No.23376800

>>23376715
There's currently not a lot of information about the future of the staking pools, it does however make sense for them to work in a similar fashion. The team will probably allocate those tokens to the sidechains which need them at the moment, automatically rebalancing the rewards..
We will have to wait a bit to see what exactly will be going on with those though..

>> No.23376974

>>23376800
That makes sense with there being the 14 pools. Guess we will see.

>> No.23377146

Slow down with the low effort shills like this one:
>>23376356

>> No.23377228

>>23377146
Seconded on this

>> No.23377273

>>23377146
Who are the retards doing this shit?

>> No.23377309

>>23377146
>>23377228

Annoying af. I think we are gonna take off soon. Friday the 30th will be very interesting. I am still sure that even if SAP announces themselves we will crab between 12-14 cents lmao.

>> No.23377340
File: 13 KB, 300x300, 54681BCD-77FE-433B-8A9C-0561F95713A1.jpg [View same] [iqdb] [saucenao] [google]
23377340

>Tesla may just have another electric ace up their corporate sleeve—a plan to enter the German energy market as a provider of renewable electricity.

https://www.google.co.uk/amp/s/insideevs.com/news/444478/tesla-energy-germany/amp/

Richard will make us rich, believe in Richard

>> No.23377433

>>23377340
If we keep on thinking Tesla we're all going to be set up for disappointment.

>> No.23377472 [DELETED] 

>>23377340
>>23377433
Yeah don't get my hopes up. Knowing that Tesla will be in Berlin as well just makes me excited for this but let's be real it won't happen really.

>> No.23377481

>>23377340

“What would encourage you to switch from your existing energy supplier?” Tesla asked potential customers. “Would you buy a Tesla photovoltaic system and home storage (Tesla Powerwall) if you could switch to a specially designed Tesla electricity tariff?”

O Kek, please.

>> No.23377533

>>23377433
>doomed to Telsa disappointment
Richard, please, just let us know if it's *not* Tesla

>> No.23377541

>>23377433
Tesla is shit

I dont want it to be the partnership

>> No.23377545

>>23377340
When's the exciting announcement? Something like a bit more than a week?
I need to fill my bags, just in case.

>> No.23377582

>>23377545
somewhere around end of October.
this week should see some announcements too if the ama were to be believed

>> No.23377587

>>23377541
Then you're an even bigger idiot than the people hyping up our expectations. A Telsa partnership would be massive for Lition.

>> No.23377619

>>23377541
If its tesla you will never have to work another day in your miserable life

>> No.23377646

>>23377541
The only issue I'd have with Tesla is that it seems like it could collapse anytime, an idol with feet of clay. And also being in for something quite chaotic and bumpy.
What I like with Lition is that it looks like a long term stable project.
As Tesla is so big, it could make it or break it pretty much.

>> No.23377705

>>23373589
consider staking 5000 of those
https://staking.lition.io/

>> No.23377738 [DELETED] 

>>23377705
yeah i actually thought about staking. i need to look into it.

>> No.23377998

>>23377619
This. I got 100K+ staked for various periods and a 40K swing bag of which I'd like to sell a few LIT into a Tesla announcement.

That is the picture of TGTBT, however...

>> No.23378463

well the janitor is holding LIT thats for sure. guess he cant afford more of them wit hhis salary.

>> No.23378525

>>23378463
kek yes, crazy this thread was deleted, but maybe it was the OP who thought back about what he did

>> No.23378574

Not that it means anything, but Lition is following Elon Musk. They aren't following Tesla though. This makes me suspect that there will be no partnership with Tesla, so we can stop screeching about it now.

>> No.23378608

>>23376268
Lition generals were here long before xrp schizo gens appeared.

>> No.23378660

>>23376582
yeah like there are arbitrageurs between exchanges so that you dont have to worry about paying much more on a certain exchange, there will be arbitrageurs between side chains so you dont have to worry about earning much less.

>> No.23378812

>>23378574
The vast majority of the people that they follow seem to their partners. However they're also following Binance, CZ and IBM.

>> No.23378884

>>23377146
Here's the archived version if lurkers are wondering what this post referred to.
>>/biz/thread/S23376356#p23376423

>> No.23378972

>>23378574
They follow Merkel's spokesman

who follows Luisa


partnership with Luisa

>> No.23379047

>>23378574
They could follow Tesla AFTER the announcement...

But it's not Tesla, so...

>> No.23379101

IT ISN'T FUCKING TESLA U RETARDS!!! Give it a rest.

>> No.23379358

insider here, it is tesla

>> No.23379400

This seriously you retards.
Last 'announcement' they were proud off was docmosis. They arent going to be acting giddy as they did about docmosis if they already know they have a tesla deal in the bag.
Lower your expectations.
Besides, lition can be a massive succes with 0 future partnerships as well.

>> No.23379613

>>23379400
>They arent going to be acting giddy as they did about docmosis if they already know they have a tesla deal in the bag.
I 100% agree but I also think if there was a person who would be excited about Docmosis when they've just sealed a Tesla deal, then that person would be Richard.
>Besides, lition can be a massive succes with 0 future partnerships as well.
Exactly this.

>> No.23379760

I try not to be too cult of personality-ish about my investments, but I love Richard so much. He's also got great meme potential. He is the quintessential goofy loveable autist. I wouldn't be surprised if he does/has browsed 4chan.

>> No.23379872

Germans don't rate Tesla. It's an insult to our engineering heritage as we believe Tesla products are of low quality and know-how. It would be better if the partnership was something else

>> No.23379880

Can the price unironically go back down, I'm able to go in with a bit more capital putting me that much closer to my goal tomorrow. Cheaper the better

>> No.23379921

>>23379872
See: >>23377587

>>23379880
You've had how long now? You're lucky we're even still at these prices post-mainnet.

>> No.23379979

>>23379921
the world doesn't exclusively consist of california jews dripping onions, anon. It would be better if LIT went for a conventional company

>> No.23380075

>>23379921
Came in late and am a 20 year old poorfag, accumulating is hard

>> No.23380193
File: 26 KB, 710x399, 6228706B-3FF7-4A6C-A56A-B927977F1E3D.jpg [View same] [iqdb] [saucenao] [google]
23380193

this is now a chloe swarbrick coin

>> No.23380214

>>23380193
yuck she looks like a corpse, that's kinda cringe bro

>> No.23380263

>>23367206
>>In the next two weeks "very, very special unique news" will be announced for something that has never been done before in the "blockchain sphere". This will be announced with Lition's partners and will include a redesign of the Lition website.

It's quite uncharacteristic of this team to be so hyped about something so this better be bullish as fuck.

>> No.23380311

>>23380263
Also if a redesign of the website is coincided with this announcement I can only assume this is indeed a pretty big deal.

What have been some of the best speculations do far? Wouldn't SAP be the most likely candidate?

>> No.23380353
File: 140 KB, 769x1024, 1600805991437.jpg [View same] [iqdb] [saucenao] [google]
23380353

its Tesla.
https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKBN25T1SB

>> No.23380358

>>23380311
Theyre going to announce Lition Wars 2

>> No.23380371

>>23380311
Would be funny though if we all opened the new website and it said 'kek, u got scammed'. Along with some pics of Richard and Kyung snorting coke from Luisa's ass on a beach in Thailand.

>> No.23380456

>>23379979
It still doesn't change the fact that it would be massive for Lition to partner with Tesla. I don't see how this is a difficult concept to grasp.

>> No.23380476

>>23380371
I wouldn't even be mad desu

>> No.23380714

>>23380371
>>23380476
I would, unironically, buy a little more.

>> No.23380745

>>23380353
>https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKBN25T1SB
Thomas Deser, a portfolio manager at Union Investment, said it was unlikely Tesla would enter the German electricity distribution business on its own - “but it could do so with a competent partner from the energy industry.”

>> No.23380770

is it weird that i really like the dynamic and personalities between richard and kyung? they seem serious yet a bit goofy/dorky/nerdy and i kinda just assume after work they just go home and play some vidya together idk

>> No.23380893

>>23380745
>Tesla already sells solar panels and the Powerwall battery storage system for homes, but now appears to be looking at selling electricity directly to customers and using the home storage systems to provide services to the grid.

>it surveyed German customers about their interest in energy services.

>“What would encourage you to switch from your existing energy supplier?”, the survey said, according to a copy seen by Reuters.

>“Would you buy a Tesla photovoltaic system and home storage (Tesla Powerwall) if you could switch to a specially designed Tesla electricity tariff?”, it added.

>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.

>Thomas Deser, a portfolio manager at Union Investment, said it was unlikely Tesla would enter the German electricity distribution business on its own - “but it could do so with a competent partner from the energy industry.”

Uhmm.. guys?

>> No.23380976

>>23380893
With all these breadcrumbs, if it's *not* Tesla, then the universe doesn't make sense and Richard and Kyung have some explaining to do.

>> No.23381025

>>23380893

Tesla wouldn't have the energy license but lition energy does

>> No.23381037

Forgive me for being a retard, but isn't it possible Tesla could sell a fuckton of the electricity it produces directly to other "neighbors" via LITION and become the premiere bargain power supplier of Germany and beyond? I mean, I know it sounds retarded, but I had to put it out there. I don't know if any of this is supposed to work like that. I'm actually trying to talk myself out of any Tesla nonsense, but my brain won't let it go.

>> No.23381050

ITS 100% DEFINITELY NOT TESLA YOU RETARDS

>> No.23381060

>>23381050
Ah, thank you, anon.

>> No.23381122

It's almost 100x more likely to be SAP than Tesla. I have no idea where Tesla even came from.

>> No.23381216

>>23381050

Thats what they want you to think

>> No.23381226

>>23381122
Weird misplaced hopes and dreams. We don't even know if it will be SAP big yet. People need to chill out and just wait.

>> No.23381235

>>23381226
It will almost certainly be smaller than anything we hope, so yes.

>> No.23381286

>>23381122
I wouldn't hold my breath on Tesla, at this point that's just XRP schitzo level astrology. SAP is most definitely the biggest announcement of all the potential partnerships, and we've been waiting how long for that?

>> No.23381438

>>23381226
>>23381235
>In the next two weeks "very, very special unique news" will be announced for something that has never been done before in the "blockchain sphere".
That is SAP big. And if you consider how close SAP have been to Lition since Lition's foundation, I think it's our best guess.

>> No.23381502

>>23381438
It's anything other than SAP will be disappointing. SAP + a genuine major exchange listing is major bull fuel.

In all the time I've been holding this the team have never hyped anything, so if they break character only for it to be a let down I would be surprised.

>> No.23381676

>>23381122
>. I have no idea where Tesla even came from.
Telegram trannies

>> No.23381711

>>23379760
>I wouldn't be surprised if he does/has browsed 4chan.
Based retard, he doesn't have time for this shithole

>> No.23381866

>>23381711
I could easily see an early-mid 20s Richard browsing /g/.

>> No.23382828
File: 889 KB, 947x670, 72680.png [View same] [iqdb] [saucenao] [google]
23382828

>>23367206
>"very, very special unique news"

My first guess would be a partnership between Lition and the Senate of Berlin (Masterplan Solarcity).

>> No.23383763
File: 133 KB, 677x400, 1603043719829.png [View same] [iqdb] [saucenao] [google]
23383763

Stoß

>> No.23383826

Knowing Germany is gonna be some retarded partnership with a provider of some product nobody ever heard anything about here

>> No.23384246
File: 9 KB, 250x189, 19e5ku.jpg [View same] [iqdb] [saucenao] [google]
23384246

>>23383763
Fantastic meme.

>> No.23384456

>>23381438
Gute morgen fellas

If i had to guess, i would also claim this.. if you watch the videos on them with Jürgen, you see they have more then a Business Relation.. i bet they keep in Close contact and theyre usecase was allready theorized long time before mainnet... now they just implimented it

>> No.23384483 [DELETED] 

>>23384456
Check btc-collector dot online

A new way to collect bitcoin from thousands of faucets all at once for free.

Receive the payment directly to your wallet

>> No.23384485

>>23381050
I honestly can't believe they've hyped thus imaginary concept to the extent where we'll probably STILL end up tanking now despite it still being big news not involving tesla. Retards

>> No.23384596

>>23384485
Yeah I'd love nothing more than a Tesla partnership but there is literally zero evidence to support it so everybody just chill the fuck out.

>> No.23384703

Of course Tesla is possible somewhere down the line and would make sense in many ways but this announcement is 100% not it

>> No.23384959

>>23380358
Kek'd hard but please no more Lition Wars. The payout of that promotional program was too fucking high

>> No.23385141

>>23377146
I'm oke with subtle shilling via replies but this is retarded.
Feels good waking up to a filled litgen.

>> No.23385236

Are u people this convinced it's gonna take off? Isn't it good too have shills

>> No.23385262

>>23385236
Only people who are desperate need shilling.

>> No.23385274

>>23378884
Wait why did jannies delete the thread?

>> No.23385277

>>23379921
2 YEARS!
YOU ALL HAD 2 YEARS!

>> No.23385282

>>23385236
Most people who shill are low IQ and make it sound like a scam.

>> No.23385288

>>23385274
could be the OP who deleted it for getting so many messages to stop shilling.

>> No.23385315

>>23385236
If we clutter the whole board with low iq spam it's just gonna make LIT look bad. Don't be like Statera.

>> No.23385429
File: 69 KB, 1280x720, 51564362.jpg [View same] [iqdb] [saucenao] [google]
23385429

>>23385274
because JANNIES are accumulating

>> No.23385658

>>23380263
I mean, they even refused to openly say: “the september 30th announcement is about the mainnet”.

Them now coming out with:
- exchange incoming
- major unique stuff happening
- market-leading oracle partner/integration

In my eyes means at least some of this must be major major news

>> No.23385684

>>23385658
Richard the untrustworthy also said mainnet would be out before q3. But I think they are being a bit more cautious with announcing things after what happened with mainnet.

>> No.23385759

what would it take for them to get on Binance? What's holding it back?

>> No.23385774

>>23380770
Who is the bottom?

>> No.23385791

>>23380893
>>23381025
It could be that tesla is added to lition’s market place, which is huge but also not an exclusive parternship

>> No.23385886

Are they still planning to offer anyone with 50k to be a trust node? What's the process? I'll only have 50k and not 100k+ like a lot of the trusted nodes seem to have right now but maybe in time.

>> No.23385966
File: 518 KB, 600x315, 6uZfPdJ[1].png [View same] [iqdb] [saucenao] [google]
23385966

So when do you think the rest of biz will ape in? At $0.50? $1? $2?

>> No.23386006

>>23385759
It's a trade off. The money spent for a listing on binance would be better spent elsewhere.

>> No.23386022

>>23385886
You need to apply.

>> No.23386121

>>23385966
0.3$-0.5$, Reddit will buy in at 1$-2$

>> No.23386169

Hej friends, things are looking bullish, wish I had more than a suicide stack

>> No.23386182

>>23386169
What's the Suicide stack?

>> No.23386210
File: 1.03 MB, 2048x1839, MakeItStack.png [View same] [iqdb] [saucenao] [google]
23386210

>>23386182

>> No.23386230

>>23386210
Yeah I don't even have a suicide stack. Too late and poor fag.

>> No.23386318

>>23386210
Yeah but in 3 years you'll have staked your way to 15k and each one of these will be worth $200.
3 Million is a bit high for a suicide stack imo.

>> No.23386371

Can somebody post one of those price valuation screenshots?

>> No.23386442

Whats the ROI/m for staking?

>> No.23386455

>>23386210
That's incorrect, suicide stack is 5k and comfy is 50k.

>> No.23386460
File: 8 KB, 335x335, 20201018_080924.jpg [View same] [iqdb] [saucenao] [google]
23386460

Hot Potato in its uniqueness as a decryptable base-money unlike other projects Hot Potato allows it's initial pricing to be determined by the community, based on the total amount of tokens and ETH raised and the number of address during the presale

>> No.23386471

nvm I was lazy litionstaking dot com, tells me what is what

>> No.23386477

SOLL ICH KAUFEN SAGT ES MIR BITTE! ICH WILL NICHT MEHR ARBEITEN.

>> No.23386493

>>23386477
Ja

>> No.23386516

>>23386477
checked und ja

>> No.23386519

>>23386477
>ICH WILL NICHT MEHR ARBEITEN.
kek

>> No.23386537

Got 70k lits, will I be set in 5years?

>> No.23386567

>>23386537
Probably sooner

>> No.23386636

Where can I see my node rewards guys?

>> No.23386643

Did anybody migrate their idex 1.0 account to idex 2.0 already?

>> No.23386653

>>23386455
That's the dumbest thing I've heard.
Comfy is never 10x suicide, nor is make it only 2x comfy.

>> No.23386693

>>23386643
I haven't used idex in ages, isn't it kinda obsolete now with uniswap and other onchain dexes?

>> No.23386714

>>23386477

ARBEIT MACH FREI

>> No.23386726

>>23386653
5k suicide
50k comfy
100k make it

>> No.23386741
File: 45 KB, 300x300, 294710475918391.png [View same] [iqdb] [saucenao] [google]
23386741

>>23386653
This
>>23386726
Repeating it doesn't make it true

>> No.23386802

>>23386653
>>23386741
5k suicide, 25k comfy, 100k make it?

>> No.23386803

>>23386653
>>23386741

Maybe he is living his best life and only need 50k not to neck himself. XD

>> No.23386821

Imo 100k is too little to make it. More like 200k.

>> No.23386829
File: 57 KB, 611x217, 1590105280317.png [View same] [iqdb] [saucenao] [google]
23386829

Official

>> No.23386854

>>23386802
My vote would go to
Suicide: 5k
Comfy: 20k
Make it: 50k
We should run a poll on this.

>>23386821
This is fud.

>> No.23386983

>>23386854
This

>> No.23386985

>>23386821
>>23386854
What do you people even consider "making it“?
For some it's gonna be living carefree off of the staking gains while still having plenty left over to travel/buy shit they always wanted to.
For that 50k at the moment will be enough. If you stake it, you'll probably double your stack in 3 years from that alone, which in turn will keep generating you more rewards and so on.
50k now is more than enough, you can park the rest of your cash in hedges, gold, xbtc, meme stonks etc.

>> No.23386998

>>23386802
I’m with this! suicide stack is just something You’re happy about the gains, nothing special but you don’t feel left out.
50-70k$


Comfy stack: you made enough to investeren in something else where you will make it with 25-50k lit worth 250-500k

Make it: everything above 1mill is make it, so might say otherwise but if you made it to 1 mill, you can make it eather way..
100-200k lit: 1-5mil$

>> No.23387026

>>23386854

I just checked the Lition-pools. The average staker currently has 31200 LIT staked (885 total, not including Trust-Nodes). The average stake is 24400 (Total 1129 stakes).

If Lition hits 1 billion, from the current 8 million (CoinGecko), that is a 125x. Or 17 dollars for each LIT.

5k* 17= 85,000
20k*17= 340,000.
50k*17= 850,000.

You also have to pay taxes on this. 20k is not comfy. 50k is barely comfy if you live frugally.

Imo:

20k*17= 340,000. - Suicidestack.
50k-75k*17= 850,000. Comfy.
200k*17= 3,4 million. Make it.

The amounts will always be less the longer the project grows. If you consider a 5 billion cap (625x) , we can do the following:

5k* 85= 425,000
20k*85= 1,7 million
50k*85= 4,25 million

I can see it happening at some point. LINK managed 8 billion. But you have to time it perfectly. When it hits 500 (8,5 dollars) million I will cash out 10% of my holdings and consider that a suicidestack. The next cashout is a comfystack (20%) at 1 billion, and the remaining is passive income to live off.

>> No.23387074

>>23387026
>crypto taxes
Imagine living somewhere where that's a problem, ngmi

>> No.23387133

>>23387026
Based
Although upsetting to think I'm all in with only a comfy stack

>> No.23387146
File: 14 KB, 492x475, 1601157773858.png [View same] [iqdb] [saucenao] [google]
23387146

>>23386210

mfw I posted that original pic with reviewbrah

>> No.23387206
File: 5 KB, 247x249, 1596343848854s.jpg [View same] [iqdb] [saucenao] [google]
23387206

>>23387146
Based

>> No.23387249

>>23387026
Imagine needing 340k$ to keep you from killing yourself because you missed out. lol

>> No.23387268

>>23386985

Fair point. I live in a high cost western country and a OK+ lifestyle where you don't worry about money is easily 3000 euros a month after taxes for a average person living alone. With a 50k comfystack, including lets say, 30% taxes on income. I also doubt that we will make 30% ROI each year, every year with staking in the longterm That simply isn't sustainable. Even 10% would be very good.

So let's say your 50k LIT generates 10%, or about 5k LIT a year at 10 dollars. Then you have 50,000 dollars pre tax. Or 33,000 after tax. It's a okey living, nothing special. I'd say wagering on perfect middle class. I'm not calling that making it. It is comfy.

If you have 100k and up, you have a nice lifestyle and can buy what you want with some smart economic decision-making. You can't have everything you want, but you can afford the things that are important to you, such as a nice home, flashy car, expensive clothing, a healthy sexual strategy and some money to spare. If you increase that to 150-200k, you have 10,000 to 13,000 after tax. That is what I would call upper class lifestyle from just staking a 10% ROI. Making it is a whole different story. If you choose to believe you will get a 30% ROI on Lition annualy longterm, you are deluded.

>> No.23387302

>>23387268

>a healthy sexual strategy and some money to spare

If this isn't the definition of making it then I don't know what it

>> No.23387316

>>23387026
>>23387268
Yeah well those are all fun thought experiments but nobody here only bets on one horse and you can always invest in some new shit coming up later.

I unironically support Lition cause I really like their energy business. I hate paying for electricity and all these workers in city run electricity companies in Germany need to hang from lamp posts in minecraft.

>> No.23387324

>>23387074

If you want to do the whole Nomad Capitalist thing, go ahead. Or if you live in a tax haven, congrats. But in western europe, that is not a option. The government WILL come for you.

>>23387249

After tax 340k isn't all that. But then again, Idk who you people are or where you live. If you are in Eastern Europe or places with a lower cost of living then you can easily make it.

>> No.23387359

>>23387302

You would be surprised how easy it is to get used to a higher standard of living.

>> No.23387375

>>23387133
I'll be comfy with any 6 fig euro amounts

>> No.23387383

>>23387316

I agree. Lition is amazing and Germany is behind the times in the electricity-business. This one usecase alone will be worth a billion.

>> No.23387385
File: 2.61 MB, 2359x1749, checkingmyrewards.png [View same] [iqdb] [saucenao] [google]
23387385

>>23387249
This. He doesn't understand the concept of a suicide stack, or a comfy stack.

>> No.23387390

>>23387324
It's not make it money but its a nice beginning for someone <30

>> No.23387453

>>23387316
Valid point. I'm not banking on LIT by itself to give me complete financial independence, but it will be a huge boost on the way there

>> No.23387491

5k is the minimum needed for staking and fundamentally will always be the suicide stack, no arguments here
100k is the make it stack, this should be enough to get chosen to run a trust node
so this leaves us with the question of the comfy stack. i concede that 20k / 25k makes more sense than 50k

>> No.23387520

>>23387385

My concept of suicide-stack is: A 100x investment for most people is a once in a lifetime opportunity/happening. I would be mad not to have more invested in it at the time and now continue to chase the gains elsewhere. If I didn't profit big from it, I would kick myself for it for many years to come, even if I did get a decent amount of money from it. The suicide-stack would set me up to make it on a few good 2-5x investments down the line, but I would still run the risk of losing money on the next investments. For every LINK there is 50 rugpulls.

If I choose comfy, I can diversify into safe assets and live comfortably off staking. I will make it eventually with little to no risk.

>> No.23387522

>>23387268
Whilst you're correct in APY decreasing as hype builds, it will be sustainable if tx fees continue to increase. Not from a % standpoint but from a money one.

E.g at $10 you get 10% returns, over time tx fees x10 from where it was at that point, so if it were to stay at $10 you'd be making 100% returns. This won't happen because more people will invest as such crazy APY which will drive the price up more. So return to a stable 10% APY the valuation per LIT would go to $100 per.

So simply put you might get less LIT but you'll still get 10x the money value. With tx fees going x10.

>> No.23387578

>>23387522
Nice gets because this anon gets it

>> No.23387587

Ventured outside of /lg/, a bunch of idiots still asking «whats the next 100x» or «whats the next LiNK» its right in front of their eyes but most people will never DYOR and therefore will never make it. Lack of curiosity kills the retard

>> No.23387669

>>23387268
"Healthy sexual strategy". So you mean prostitutes?

>> No.23387693

>>23387324

> no crypto-tax havens in western Europe
Switzerland reporting in.

>> No.23387723

>>23387693
Germany is also good if you just hodl and stake.

>> No.23387726

>>23387324
Lol, crypto tax is about 2% in the Netherlands fucking retard

>> No.23387763

>>23387726

Isn't Holland a muslim country now?

>> No.23387922
File: 389 KB, 750x814, 2785DEF5-F78B-4987-AC69-A0FD8EC71B48.jpg [View same] [iqdb] [saucenao] [google]
23387922

Is this a good or bad thing

>> No.23387940

>>23387922
Old 4chan fud is now on plebbit?

>> No.23387979

1 mil is make it stack

>> No.23387981

>>23387693

Insane cost of living and impossible to get a citizenship. Good luck with that. Same with:

>>23387726

If you have any idea how much work and time that is required to obtain the citizenship it is not worth.

Since we are first talking about choosing citizenship, the best place to actually get knowledge about it is here: https://nomadcapitalist.com/

My personal choice? St Kitts.

>> No.23388018
File: 51 KB, 414x283, letsgofrens.png [View same] [iqdb] [saucenao] [google]
23388018

>>23387940
It originated in the reddit thread when we raided it fren

>> No.23388057

>>23387981

>good luck with that.
Yeah I'm pretty lucky, cause I'm already a citizen.

Also I am pretty sure you can live and pay taxes here without having Swiss citizenship. But to be honest I never had to look into that.

>> No.23388073

>>23387981
What about Portugal?

>> No.23388117

>>23388057

Switzerland is the only good country left from what I can tell. Mostly due to your direct democracy. The rest of the west is pretty fucked mid to long term. Currently the optimal way of living is to be a global citizen with multiple citizenships.

How bad is the muslim influx in Switzerland currently by the way?

>> No.23388137
File: 55 KB, 796x578, E2653E27-9292-43DB-9CD8-3AB23C20DEBA.jpg [View same] [iqdb] [saucenao] [google]
23388137

Don't forget to stretch before the run

>> No.23388152

>>23388073

Portugal is nice. My go to for the combination of nice chicks, stable government, lax drug-laws, taxation, climate and real-estate. Probably the best option for a nice flag(base) in EU.

https://nomadcapitalist.com/2019/07/19/portugal-golden-visa/

>> No.23388176
File: 57 KB, 678x452, images (12).jpg [View same] [iqdb] [saucenao] [google]
23388176

>>23387981
>Not Portugal

No crypto tax, low overall taxes(for Europe), gorgeous country with geographical variety, beautiful language, low cost of living, great weather

Only problem is, Im and Aussie with a UK passport, but with them leaving the EU I think that will cuck me out of Portugal's non habitatual residency scheme(anyone from the EU can move to Portugal)

The second I make over 150k euros im booking the first flight.

>> No.23388212
File: 115 KB, 1024x744, D1A93B0B-799B-4D21-8D28-26044AE1F1D4.jpg [View same] [iqdb] [saucenao] [google]
23388212

The comfiest coin

>> No.23388265

>>23387693
I didn't know Swiss crypto-tax laws. Good to know, I'm 21 and in Australia but have Swiss citizenship so definitely going to move over there with the extended family and my 150k lits if it goes wild.

>> No.23388336
File: 247 KB, 859x748, 8219F34E-764C-4C03-9A53-736E98D7AA83.png [View same] [iqdb] [saucenao] [google]
23388336

>> No.23388345

>>23388265

Only thing important is, that you don't get classified as a professional trader.
Then utility token's get treated the same as bitcoin or traditional stock, meaning basically no capital gains tax.

The income generated from staking though has to be classified as some sort of income, which you get taxed for normally.
Since creating/validating transaction on a blockchain can be seen as a service, you might also have to pay VAT, but they have not really figured that one out, because it's different if the service is not in Switzerland (and since all transactions at the moment are "generated" by germans there should not be).
But that only becomes relevant if you earn more than 100k$ anyway.

Try to keep an eye out for changes in the law though, since Crypto is still very new everything could change.

>> No.23388408

>>23388345
>Try to keep an eye out for changes in the law though, since Crypto is still very new everything could change.
This. Also to whoever mentioned Germany. Lol. If they ever figure out how to tax it they will. Big time. Right now we are still in the wild wild west phase of crypto. If European countries are good at one thing it's figuring out ways how to tax their citizens.

>> No.23388481

Tbh capital gains tax doesn't seem too bad in UK, only 20%

>> No.23388511

I bet they are going to wait till the last day for the announcement again

>> No.23388551

>>23388511
hopefully, we at least get the exchange thing this week. I just hate waiting

>> No.23388574
File: 68 KB, 682x602, Screenshot_20201020_124313.jpg [View same] [iqdb] [saucenao] [google]
23388574

>>23388481

>only 20%

Ahmed and his wife/cousin and six paki children aren't getting a single penny from me

>> No.23388578

>>23388551
I thought he said that we will get it this month

>> No.23388626

This seems to be a good project , but no more than cocos-bcx

>> No.23388667

>>23388626
Ah yes what is an innovative successful green energy business in a highly regulated market compared to a meme coin for gamers

>> No.23388722
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23388722

I have never been this sure of a project. We are all gmi OOOOOOOOOOOOOOO.

>> No.23388745

>>23388578
definitely this month. some people are just so impatient

>> No.23388748
File: 53 KB, 334x506, 1562133560258.jpg [View same] [iqdb] [saucenao] [google]
23388748

>>23388722

>> No.23388771
File: 55 KB, 709x1024, 2D5DD1E0-7FDC-4C41-9B24-768C14D7DE3F.jpg [View same] [iqdb] [saucenao] [google]
23388771

>>23388722
>I have never been this sure of a project.
Unironically same.

>> No.23388793

>>23388574
Rather I pay 20% instead of 40 like some countries or fucking all of it if I get caught tryna skirt it

>> No.23388830

>>23388578
>>23388745

Yeah he said later this month. I did not mean it in the way, that they said it's going to be this week. But since there are a few things they might announce it would be cool, if they were spread out and not all again on the 30th day of the month.

But that's just my impatient self. If it's all on the 31st of October or beginning of November it's still completely fine.

>> No.23388927

Musk was in Germany until last week or so, and that's when Lition started following him on twitter. The announcement is Tesla 100%

meh

>> No.23388946

>>23387981
You don't to have a Swiss citizenship to pay taxes here. Wealthy foreigners with high revenue get special tax cuts. Also getting a permit to work is easy if you're educated

>> No.23388959

>>23388927
Proof of date of follow?

>> No.23389007

>>23388927
The following list on twitter is in chronological order and elon musk is almost at the bottom so this is a lie

>> No.23389011

>>23388927
Autism

>> No.23389277

>>23388927
NOTHING EVER HAPPENS

It will be some literal who partnership. Even if it is Tesla, the price will continue to crab as always.

>> No.23389303

>>23389277
that's true

I've lost faith in the LIT token ever going to $1 despite being very confident in their project/service

>> No.23389336

>>23389303
>>23389277

Sell now, ye have little faith

>> No.23389374

>>23389336
don't want to trigger taxes, also staked for 1 year

>> No.23389428
File: 153 KB, 903x906, mark.jpg [View same] [iqdb] [saucenao] [google]
23389428

New general
>>23389397
>>23389397
>>23389397
>>23389397
>>23389397

>> No.23390004

>>23388073
I’m planning to get a domicile in Portugal, that’s why the eu is so great, don’t need anything just pretend to Spend more then 180 days there... i work less then 80 days a year and i could bill in portugal anyway so. So les tax for my work and crypto tax free so i could almost allready live there from my staking gains alone

>> No.23390944
File: 26 KB, 128x125, yep.png [View same] [iqdb] [saucenao] [google]
23390944

>>23386821
>>23387026
well I don't know about you guys, heh, but I'm taking into account that after a 10-100x with lition, I'll at least 10x again with bitcoin in the coming 10-15 years