/lg/ Lition General - If You Know Edition

[Anonymous No.23389397]

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
>>23367206 *
>>23336621 *
>>23307764

[Anonymous No.23389416]

>>23389397
SHITION

[Anonymous No.23389453]

Comfy

[Anonymous No.23389529]

Lition is being pushed by Huffpo commies

[Anonymous No.23389655]

thanks to this fucking project, i will finally be able to buy a porsche. i can‘t fucking wait

[Anonymous No.23389904]

>>23389416
Based

[Anonymous No.23389972]

>>23389397
>will include a redesign of the Lition website.
Rebranding to SHITION confirmed shitty litters

[Anonymous No.23390094]

i just realized
stinky linky and shitty litty
wagmi

[Anonymous No.23390329]

>>23389529
>commies controlling the world
>terrorism and crime skyrocketing
>become minority in homeland
>at least i can put money into gay green technology shit and know governments will pump it

[Anonymous No.23390414]

>>23389529
>>23390329
I'm not saying this is what happened but if you really wanna boost a website/project there are ways to buy yourself an article on websites like huffpost or Forbes. These journalists sell themselves and in return you get a link on a reputable website like this. Easy for SEO etc. Why do you think "Top 10 X websites" or "top 10 accounts" to follow type of articles are so popular among "reputable" journalists.

[Anonymous No.23390738]

It's over

[Anonymous No.23390760]

>>23390738
kek

[Anonymous No.23390942]

>>23390738
Holy shit mike was right, we got fucking rugged. Fuck you Adam

[Anonymous No.23391101]

>>23390738
Fuck you I almost got excited for some cheap litties

[Anonymous No.23391148]

Would like to ask swissanon in previous thread the following question:
>>23388345
Can you link me to an article that deals with this in switzerland or maybe a swiss accountant that knows about this?

[Anonymous No.23391271]

>>23391148
That's me.
Do you speak german? then it's easy.

[Anonymous No.23391318]

Where can I see my node rewards nodebros?

[Anonymous No.23391366]

>>23391271
I'm curious aswell post in german, I'll use google to translate the parts I don't get

[Anonymous No.23391530]

>>23391148
>>23391271
>>23391366
Not the other swissanon, but I am swiss too. Will however post what I figured out so we can have a discussion about it.

Generally with crypto:
Gains are only taxed if you are a 'professional' trader, which means if you don't do 50 trades a month or some crazy amount like that, you're fine. So if you buy and hold, you don't have to pay taxes on price appreciation, you do however have to fill out the "Steuererklärung" properly where you list all your coins.

Staking is taxed like that:
Every time you get a staking reward, you will have to pay taxes on that as if it was money you made from your normal job. You do not however have to pay for price appreciation in this case. Let's say you got a reward of 1000 Lition every month. Then you have to pay taxes only on the 1000 Lition you made every month, and only at that price. So if the price is at 20 cents per lit the first month and 50 cents per Lit the next one, you will have to declare that in your Steuererklärung and pay taxes on that.

So you need to declare your holdings, when you got Lition tokens as rewards and the price they have been at at this time.

[Anonymous No.23391561]

>>23391530
Also, here's a link that tells you how you have to declare your staking gains: https://www.estv.admin.ch/dam/estv/de/dokumente/allgemein/Dokumentation/Publikationen/dossier_steuerinformationen/d/d_selbstaendige-erwerbstaetigkeit_2019.pdf.download.pdf/d_selbstaendige-erwerbstaetigkeit_de_2019.pdf

[Anonymous No.23391572]

>>23391366
>>23391148

Well, it's not gonna be easy, but here is the newest document I could find from the Swiss government. Summarizing the crypto-tax situation and identifying possible improvements at the end.

https://www.newsd.admin.ch/newsd/message/attachments/61738.pdf

Here again, basically the same information, without the improvement section. (upper right corner you can switch to french or italian).

https://www.estv.admin.ch/estv/de/home/direkte-bundessteuer/direkte-bundessteuer/fachinformationen/kryptowaehrungen.html
English stuff I found but not official:

https://home.kpmg/xx/en/home/insights/2019/03/tnf-switzerland-tax-treatment-cryptocurrencies.html

https://pestalozzilaw.com/en/news/legal-insights/q-crypto-assets-taxation-switzerland/

[Anonymous No.23391580]

>>23391530
Oh and what I forgot, not only do you have to declare your staking gains in the tax form, but you can also declare your costs for running the VPS for example and deduct those costs from your gains.

[Anonymous No.23391596]

>>23391561
damn, too many helpful Swiss people around these parts.

[Anonymous No.23391643]

>>23389655
Kill yourself tasteless faggot poorfag

Is this the result of years of frustration?
Making it for the sole purpose of driving a fancy car ?
HAHHAHAHAHA

[Anonymous No.23391665]

>>23391596
Be careful, we call them mountainjews in germanistan.

[Anonymous No.23391710]

>>23391271
Yes German links are fine.

[Anonymous No.23391821]

>>23391530
>>23391561
>>23391572
Awesome, thank you guys very much.
Original question anon here, my ip changed.

[Anonymous No.23391840]

>>23391710

This guy did explain it pretty straight forward.
>>23391530
>>23391561

and here are my links (possibly duplicates from the other guy):
>>23391572


But all in all:
If you hold your LIT and don't trade too much you are not gonna pay capital gains (if it's part of your private capital).

Income tax you are gonna pay, but it's very easy/straightforward (multiply all the LIT you get as reward times the price on the respective days you got them).

For other things you might have to contact an expert, but what I can tell you is, that VAT is not gonna be an issue unless staking gains will be over 100k.

[Anonymous No.23391845]

>>23391643
why can i tell from here that you are a virgin

[Anonymous No.23391895]

>>23391821

What I forgot:
Not sure if it's normal in other countries:
In Switzerland you pay taxes for your assets/capital, if you are richer than 1 million (or something in that region. Never had to pay this in my life unfortunately) or something. I would look into that as well.

[Anonymous No.23392070]

Fuck taxes

[Anonymous No.23392090]

>>23391530
>>23391561
>>23391572
Thanks you my germanic compatriots, funny to see so many swiss in the litgen

[Anonymous No.23392186]

>>23392090
What can I say, we like money.

[Anonymous No.23392389]

Am I the only burger holding lit?

[Anonymous No.23392411]

enough tax talk, we need more memes

[Anonymous No.23392697]

>>23392411
This I hate it when normies take over the general, we don't care about geeky shit

[Anonymous No.23392749]

>>23392411
>>23392697
Let's get LITTY

[Anonymous No.23392785]

>>23392411
>>23392697
Sorry bros, we have a functional society to finance

[Anonymous No.23392834]

>>23392411
This, who the fuck would pay tax on crypto trades anyway. How would they even track it.

[Anonymous No.23392866]

>>23392834
https://cointelegraph.com/news/irs-doubles-down-investing-another-quarter-million-dollars-into-tracking-crypto-transactions

[Anonymous No.23392872]

>>23392834
>How would they even track it.
Don't give them ideas

[Anonymous No.23392934]

>>23392697
>geeky shit

you mean paying taxes and not going to jail? fucking nerds at it again.

[Anonymous No.23392949]

>>23392697

Be thankful there are educated people spoonfeeding you the whole process dipshit.

[Anonymous No.23392951]

Any burgers here, my grown-up, middle-aged advice: pay your taxes. Do not make them come looking for you. Things may be quiet for years, even decades. But they will come.

[Anonymous No.23393039]

>>23392866
>>23392872
Just by monero and go back to btc/eth and you can cash out

[Anonymous No.23393049]

>>23392934

What do you expect on a board where the only money they receive in their account is welfare or from their parents. They will ask these questions when they think their 200k in crypto has made them rich.

PS: 200k is fuck all. Even less after taxes. Good luck dodging the government unless you live in one of 3-4 countries in Europe.

"Muh government don't know". Yeah... They do. And it will hurt WAY more to not pay taxes on it down the road than right away.

Unless you do have the balls to relocate to a different country, change your citizenship, learn a new language and not miss home. Wild guess, most of these nerds have never even lived anywhere else in the world or declared taxes on capital gains.

Be thankful, faggots.

[Anonymous No.23393083]

>>23392951

^Thank you.

[Anonymous No.23393165]

>>23393049
Ok boomer, but chads only worry about that shit once we make it.

[Anonymous No.23393199]

>>23393049
Completely agree.

But bros, let's save these fights for when we all have made actual sick gains for which need to pay taxes and share memes for now

[Anonymous No.23393200]

>>23392951
Cucky burgers

[Anonymous No.23393238]

>>23393165

Real Chads know the laws and use it to their advantage, poorfag.

[Anonymous No.23393240]

>>23393200
Spoken like someone who has nothing to fear from the IRS or DOJ. Good for you, you little shit!

[Anonymous No.23393258]

>>23391845
Honestly, it'd be funny if you could see how I look irl

[Anonymous No.23393280]

>>23393258
with your eyes, I presume

[Anonymous No.23393281]

>>23393199
Yup. I hate seeing taxes mentioned right now, but as long as they are, I advocate getting so rich that it makes sense to pay professionals to keep your rich ass as rich as possible. Talking to a bunch of wannabe anarchists here about taxes may not be ideal.

[Anonymous No.23393315]

At which point do you stop worrying about taxes though? 100 million? 1 billion? When was the last time a billionaire was convicted of tax evasion?

[Anonymous No.23393317]

>>23393281
Imagine having to pay tax on trades at all, not me. I'll be comfy paying only 2% taxes when I cash out my lition.

[Anonymous No.23393341]

>>23393317

Not all anons here live in the Netherlands, or this would be a real issue for you as well

[Anonymous No.23393352]

>>23393317
I'm sure you and your boyfriend will be very happy. In which jurisdiction do you have to pay taxes - if you don't mind me asking, of course?

[Anonymous No.23393442]

>>23393352
I don't know what that means, but what I do know is that you are coping

[Anonymous No.23393519]

>>23393442
>>23393258
No gays in here please

[Anonymous No.23393534]

>>23393442
Mike, is that you? Pretty schizo to say people don't need to pay taxes and all of a sudden you mention paying 2% tax yourself.

[Anonymous No.23393551]

Does anyone here now what an expert costs? I never did my crypto taxes because I'm stupid and it never was much. I'm not even sure if I realized any gains as I did not cash out in 2017. It's just a real mess with hundreds of small trades etc. I don't think that I owe taxes to the state (and if, not much) but I'd really like to get it done and hope to be able to do it before I get a letter from my local Finanzamt. I'm from Germany btw. .

[Anonymous No.23393600]

>>23393551

Just Google "Crypto tax Germany" in german and start reading. This is information freely available. You don't have to declare every trade, probably just pay a % of your withdrawal.

[Anonymous No.23393601]

>>23393442
Imagine bragging about what taxes you are or aren't required to pay.
>>23393039
And advising burgers that avoiding the scrutiny of US law and tax enforcement is as simple as going through Monero.

Please shut the fuck up while adults are speaking.

[Anonymous No.23393603]

Gosh those were the days

[Anonymous No.23393606]

>>23393551
Depends how much you've made, I'm guessing the first 10 or 20k each year is tax free. If more than that then open up your anus boy you about to get fucked.

[Anonymous No.23393663]

>>23393606
Again you show your complete lack of education or knowledge. Shut the fuck up. That is how it works in the Netherlands. I recognize you from the other threads, be quiet little boy.

[Anonymous No.23393781]

>>23393600
I've already read a lot, but there are no prices listed for experts, I know how the "law" works, I just don't want to do it myself as it's a shitload of trades

[Anonymous No.23393785]

>>23393606
Only 801€ are free per year and you are fucked when you trade regularly with profit. It counts as income than and you need to pay income tax on it. That means up to 45%.

[Anonymous No.23393804]

>>23391895
It's only 100k i think.

[Anonymous No.23393881]

>>23393785
In that case, rekt. UK is much better.

[Anonymous No.23393902]

>>23391643
found the guy who smells his own farts

[Anonymous No.23393912]

>>23393781

I'd give a call around to 5-10 different individuals and ask for a free consultations. That's what I usually do no matter which field they are. Remember to lie and state that you have a couple of millions in assets to bait them. They will more often than not answer everything you need to know and even send it to you by E-mail. If the regulations and laws are unfavorable (they were in my country, we had to provide every single trade, then they changed it), it is better to wait a few years till it is changed. If you don't mind resigning your citizenship there are option abroad which we lightly touched upon in the last general and some swiss anons in here.

[Anonymous No.23393922]

>>23393165
real chads already made it and are in lit to make more.

[Anonymous No.23393948]

>>23393881
There is a way to cut it down to 25% + additional church taxes, but don't ask me how.

[Anonymous No.23393952]

>>23393534
I said tax on trades

[Anonymous No.23394012]

>>23393912
The thing is, I am eligible for US citizenship through my father but I don't want to pay taxes twice (I need to read more into it). For long term holds (over 365 days) Germany is actually great.
But thanks for the advice, I'll look around and send some emails.

[Anonymous No.23394023]

>>23393551
1.5-3k€

[Anonymous No.23394050]

>>23394023
Yeah, my poorfolio is 15k euro, so that would be pretty ridiculous.
>>23393912
>it is better to wait a few years till it is changed
Just don't want the taxman to rape me for a few k in gains.

[Anonymous No.23394063]

>>23394012
>American father
Sorry, anon, but you may already be subject to all the burdens of US citizenship.
https://en.m.wikipedia.org/wiki/Accidental_American

[Anonymous No.23394065]

>>23394012

Don't get an american citizenship. It is the worst one in the world. Check out Nomadcapitalist.com. He specialiseres in this.

[Anonymous No.23394156]

>>23394063
That does not make the case easier. I think I'll calculate the taxes, then ask an legal expert about if I have to pay the US taxes as well.

>>23394065
>Check out Nomadcapitalist.com
Already know of this site, but thanks. A friend of mine is moving to Bulgaria and I also thought of moving away after finishing my degree.

[Anonymous No.23394170]

>>23393663
Yeah but if you'll stay in the netherlands for the next decades of your life you'll get fucked, pretty boy.
If you make it and stay there 20 years they tax 1,63% every year. Thats 28% over 20 years.

[Anonymous No.23394464]

>>23394170

Not sure why you reply to me. The dude lives in Holland. I don't.

[Anonymous No.23394495]

>>23393600
wrong, you have to declare a full history of your activities with every single trade on it since crypto2crypto is a taxable event in germany

best to just get an accountant, personally I am using some software which is easy to maintain (coin.ink)

[Anonymous No.23394566]

>>23393551
Same here boy, looking to move to portugal next year to avoid this shit

[Anonymous No.23394575]

>>23393165
He cute

[Anonymous No.23394604]

>>23394495

Then I would wait till the laws get changed. Where I am from we had the same laws for a year. Then they changed it since it was impossible for most to provide history of every movement and trade since the space is so volatile. If you have been here since the early days, most of the sites we used back then don't even exist anymore.

[Anonymous No.23394659]

>>23394495
Same in US: FULL HISTORY. I have Bitcoin trades going back to 2010 or 2011, but this year I'm getting a professional to help make sure I report everything. I'm also setting aside cash, ETH, and some swing LIT for tax payments. I generated about $40K in trading profits and will need about $10K available to pay in April

To bring this back to LIT, I am confident my bag will be worth $250K by then, and my swing bag will be $50K.

[Anonymous No.23394678]

>>23394604
underdeclaring as little as 50k€ gets you a ticket straight to jail in Germany, I wouldn't want to risk it since the laws also look set in stone at this point but to each his own

[Anonymous No.23394715]

>>23394604
The appearance of making your best effort counts. You can only report what you can report. Just don't look like you're trying to get over on them; they hate that.

[Anonymous No.23394726]

>>23394678

OH DAMN. That is truly brutal.

[Anonymous No.23394736]

>>23391895
Any thoughts on how to deal with uniswap liquidity pool?
In essence i think its just a trade for tokens that give you a share of the pool, so therefore capital gains i'd say. But then you get these rewards every month from the lit liquidity program, I guess those are like a normal income.

[Anonymous No.23394818]

[Anonymous No.23394878]

Has anyone seen Mike recently? I wonder what he's plotting.

[Anonymous No.23394959]

>>23394878
I was wondering the same thing but afraid to invoke his name. Was hoping the tumor was real and force him to spend his last moments elsewhere.

[Anonymous No.23395072]

>>23394959
Reckon this might have something to do with it
>>23295706

[Anonymous No.23395104]

[Anonymous No.23395301]

You gotta be American to think LIT is a scam

[Anonymous No.23395419]

>>23395301
M!ke is UK.

[Anonymous No.23395460]

>>23395301
>>23395419
You'd have to be an american to think that mike really believes lit is a scam

[Anonymous No.23395493]

>>23395460
Fine. Nice job. Congrats.

[Anonymous No.23395495]

>>23395301
>>23395460
I'm a burger and I'm starting to think I'm the only holder in the county.

[Anonymous No.23395547]

>>23395495
I'm pretty sure I'm one of the few Canadians that holds LIT.

[Anonymous No.23395652]

>>23395547
I'm a leaf LIT holder since July 2019

[Anonymous No.23395715]

>>23395495
>I'm the only burger LIT holder.
No, I'M the only burger LIT holder.

In all seriousness, I think ftp is in California and has 500K+.

[Anonymous No.23395786]

Meme drop

[Anonymous No.23395796]

>>23395715
140k*

[Anonymous No.23395911]

>>23395796
Thanks, bud. I ended up FOMOing in to just under 150K, myself. Still buying, too. Wanted to get over top 50 visible on etherscan.

Maybe I'm top LIT burger...

[Anonymous No.23395983]

>>23391580
I assume you can deduct gas fees as well?

[Anonymous No.23396034]

>>23395786
Meme drop

[Anonymous No.23396068]

What other coins are litionnaires here holding? (besides btc and eth)

[Anonymous No.23396196]

>>23396068
Wait the LITionaire meme is still living?

[Anonymous No.23396204]

>>23396068
Not including my scraps of BTC and ETH, LITION is 50% and LINK is 40%. I have one other moon bag for almost 10% that I don't want to talk about here.

[Anonymous No.23396213]

>>23396034
1$? What a retard.

[Anonymous No.23396236]

>>23396068
Nothing except some left overs from shitcoins

[Anonymous No.23396262]

>>23395983
Yes I think you can deduct all relevant expenses.

[Anonymous No.23396373]

>>23396213
Don't be rude to Apu fren he got it right

[Anonymous No.23396483]

>>23396373
I feel bad now, sorry fren

[Anonymous No.23396525]

>>23395547
>>23395652
Third leafbro checking in.

[Anonymous No.23396740]

how much to make it this year?

[Anonymous No.23396748]

>>23389655
>>23391366
>>23392411
>>23392866
>>23393199
>>23393200
>>23393600
>>23393922
>>23394566
>>23395911

[Anonymous No.23396856]

>>23395495
I’m a burger

[Anonymous No.23396897]

>>23395419
Proof?

[Anonymous No.23396960]

>>23396897
There is none.

[Anonymous No.23397007]

>>23396897
>>23396960
Well there kind of is. He made a comment which proved he is in UK time zone (counting down the hours til the mainnet announcement - see the Judgement Day general) but quite a few countries are so...

[Anonymous No.23397064]

>>23397007
Including Portugal, the crypto-chad make it sanctuary.

[Anonymous No.23397525]

>>23395911
I am a burger with a million litties

[Anonymous No.23397573]

>>23397525
Thank Kek, the pressure is off.

[Anonymous No.23397581]

Any trustnode holders here?
During work today I wondered, if you were able to choose the name displayed on the bcenergy website yourself.
Because if you can: WHY THE FUCK IS THERE NO LEGOLAND NODE?

Can somebody please make this right? And if you are too lazy just gift me enough LIT then I'll do it myself.

[Anonymous No.23397641]

>>23397581
The theme is stars/constellations/planets/galaxies, anon

[Anonymous No.23397646]

>>23397581
Trustnode burger here. Team requested all nodes use names related to stars, planets, etc at least for now.

[Anonymous No.23397751]

What's taking them so long with onboarding new nodes?

[Anonymous No.23397754]

>>23397646
i kekked about Uranus

[Anonymous No.23397817]

>>23397646
How much is it to name a star?

[Anonymous No.23397848]

>>23397751
They are probably preparing the other sidechain(s)

[Anonymous No.23397943]

>>23397641
When moon?

[Anonymous No.23398099]

>>23397943
Not till I buy in with my last little bit this week

[Anonymous No.23398167]

[Anonymous No.23398240]

>>23397641
>>23397646

That's too bad.
But I'm pretty sure there are LEGO-star wars sets.

[Anonymous No.23398249]

I'd like to get to 50k before moon. Pretty impressed with the litgen though, less than 7 hours and halfway full. I don't even bother with other threads anymore. I hope we keep having the generals even after the board inevitably floods with Lition spam

[Anonymous No.23398286]

>>23398249
I just scroll biz for lit generals and then only read them.... i rarely post on them either id say im not the only one who just lurks lit gens and doesnt comment

[Anonymous No.23398433]

>>23398240
Frens how many litties for Luisa?

[Anonymous No.23398928]

>>23398240

Lmfao great one

[Anonymous No.23398963]

>>23398433
checked, once I make it I'll try my best to post some Luisa newds in these threads

[Anonymous No.23399000]

>>23398249
50k is my goal too. Seems pretty doable and a comfy stack.

[Anonymous No.23399540]

>>23399000

Check-em. Sickest numbers I've seen in a year.
Underrated numbers combined with posting at 22:22. We all gonna make it.

[Anonymous No.23399553]

>>23399000

50k comfy confirmed.

[Anonymous No.23399648]

If we put an estimate at between ~30k households being their current status for energy usecase, and they're just about supporting 20% apy, that indicates at 300k(2 years away) we'd have 20% APY at 10x the value ($1.3/LIT) so to 100x we'd need speculation or a huge use case to kick up tx fees to increase valuation at 100x.

Of course this is an amazing project but looks like unless huge news is announced were gonna be waiting for our 100x till maybe 1mil users? Considering it'd probably level at %6-10 APY at a similar stake% when fully diluted.

[Anonymous No.23399733]

>>23399648
Of course there's still huge opportunity for big usecases to drag away stake pools making it a higher valuation but it make take longer than people think.
Obviously logistically you could easily argue a $3-5 price when we hit 300k households, still be in good stake rewards, maybe push that to $6-10 if there's huge usecases alongside but that's speculation. Still sitting comfy just saying this brainlet thinks it's gonna be a slow ride up to the top.
Still sitting comfy with a 50k stack, hope you cunts the best x

[Anonymous No.23399951]

>>23399648
The problem with your equation is that you're using logic, while the market is irrational. Valuation is mostly based on speculation.

[Anonymous No.23400025]

>>23399951
Yeah, although with where cryptos heading right now (chasing extreme APYs in defi) I see it not being parabolic. It very could well be but again just speculative at that point, I suppose when it garners mass attention + hype it will definitely drive the price up to not so tender gainz on staking but if you're in it for the long run it doesn't matter.
But I'd be happy to keep buying under a dollar.

[Anonymous No.23400081]

>>23391596
>helpful Swiss people

[Anonymous No.23400119]

serious question: can we reach 1$

[Anonymous No.23400213]

>>23400119
All we need to hit $1 is a 60m mcap. So yes. Very easily, in fact.

[Anonymous No.23400336]

>>23400213
so many shitcoins are in that spot, makes me wonder why we aren't yet

[Anonymous No.23400337]

>>23400081
Kek, beautiful

[Anonymous No.23400339]

>>23400213
I laugh at all the food scam coins and yield farm shit hitting 100m market caps and lit is at 7m lmao just shows how undervalued the project is

[Anonymous No.23400351]

>>23400336
Holy shit bro we were thinking the same thing at the same time.

[Anonymous No.23400431]

>>23390094
MY LITTIES STAY SHITTY

>burger bump

[Anonymous No.23400505]

>>23395104
1 post by this id. Any explanation?

[Anonymous No.23400774]

>>23400505
Is that mike?

[Anonymous No.23400919]

>>23399733

Pretty fair assumption. But don't forget, if we get to 6-10$ in 2 years, that means 100'000 LIT is worth 600-800k.
If good staking rewards still means ~10% this would mean a yearly return of 60-80k.

But we'll see. It really depends on the other usecases and sidechains, because I have huge faith in Lition Energy.

[Anonymous No.23401108]

will it pump the token if I shill lition energy to my parents apart from using it myself? or is this unrelated?

[Anonymous No.23401466]

OH NOOO WE GOT TOO COCKY LITBROS

[Anonymous No.23401515]

>>23392389
>raises hand

I think you can count on one hand how many of us there are

[Anonymous No.23401543]

>>23401515
I don't know about that, 3rd burger right here.

[Anonymous No.23401723]

>>23401466

We are alergic to going upwards

[Anonymous No.23401754]

>>23401108
It will give us more staking rewards, so do it.

[Anonymous No.23402336]

So what's up with the graph on coingecko? Why does it look like that?

[Anonymous No.23402451]

Honestly I couldn't care less about BTC's bullrun, I know Lition isn't gonna moon anytime soon but I'd rather not lose my position anyway.

[Anonymous No.23402852]

idex is down. thats why price is fucked. idex is where the real shit is.

>>ctrl f --> lit
>>close boards.4channel.org
>>everyday on biz
>> rinse and repeat

[Anonymous No.23403382]

>>23402852
I don't even bother coming on /biz/. I've just bookmarked the search for 'lition' on Warosu and just come to the threads through that.

[Anonymous No.23403553]

>>23396068
Link Lit Sta

[Anonymous No.23403617]

>>23403553
id describes the coffee brand

[Anonymous No.23403767]

>>23402451
LIT is not going to be a moonshot. I see it being gradually being higher as time goes on, and one day next year or 2022, we'll wake up and realize they're $20 per at least.

[Anonymous No.23403851]

$1 waiting room

[Anonymous No.23403904]

>>23403767
I would much rather steady growth to $20 than wild swings in price. I would rather stake and forget this bag than worry about swinging it. And I want more time with low prices so rewards are high in terms of cheap LIT.

[Anonymous No.23404787]

Is LIT the only real project? I can't believe I could get energy from them right now. Maybe I will? But i got some issues with my provider rn don't think I can change right away.

[Anonymous No.23404864]

>>23404787
Tell them that's it's racist to not let you change your energy provider.

[Anonymous No.23404888]

>>23404864
Nah nah my problems are homemade. I own them money I can't pay right now

[Anonymous No.23405407]

>>23400919
check ye math there

your friendly math nazi

[Anonymous No.23406143]

>>23405407
Maybe he factored in taxes, fees, conversion fees and more!

[Anonymous No.23406168]

>>23404787
yes you can, I changed 2 weeks ago, they take all the paperwork to change from vattenfall (I pay 10€ less a month now) and have a super friendly customer team, use code OT3FAN to get 25 euro discount

[Anonymous No.23406312]

>>23406168
I just wanna pay off my old provider first also I'm in SCHUFA and shit. I just need more LIT. It'll save me eventually and get me out of this mess.

[Anonymous No.23407214]

I have to stake from metamask? Or what? I never staked so no idea how it works really

[Anonymous No.23407267]

>>23407214
staking.lition.io
it connects to your metamask

[Anonymous No.23407994]

Gutenmorgen. Bitcoin is over 12k, I was wondering if someone remembers when altcoin season started im 2017. The only thing I remember is that my portfolio went up about 20% almost everyday. But I can't remember the btc prices. Does anyone remember what the btc price was when the real bullrun started?

[Anonymous No.23408076]

>>23402451
I'm just glad we didn't really dump like most other alts. Just shows that anyone with half a brain isn't selling at this stage

[Anonymous No.23408116]

>>23407994
I was a spectator back then. For me it went like this:
>wait what, btc is back at $1000? Surely it's gonna crash soon
>holy shit, btc is $2000?? Surely it's gonna crash soon
>what the fuck, btc is $7500???? It has to crash soon
>well, btc crashed to $5000, nothing to see here
>what the fuck, btc is $10,000, why didn't I buy in

[Anonymous No.23408444]

>>23408076
This is the surest bet in crypto right now, I kinda wanted one more dump to accumulate another 10k

[Anonymous No.23408480]

>>23408444
CHECKED, OOOOOOOOOOOOOOO

[Anonymous No.23408515]

God I wish I had more money go get in. I feel like I'm already way too late and we are just at a few cents lmao.

[Anonymous No.23408922]

Hello, frens

[Anonymous No.23408935]

>>23408922
Omg fren wtf is that?!

[Anonymous No.23408938]

>>23408922
Omg fren wtf is that?!

[Anonymous No.23409025]

>>23408515
Dude you're almost getting in on the ground floor, I don't think there's better risk-to-reward ratio in crypto right now

[Anonymous No.23409027]

>>23403767
I know that but I still don't want to risk losing position. And as you say this thing is bound to steadily grow, so I barely even check this general or /biz/ at this point

[Anonymous No.23409312]

>>23402852

After IDEX upgraded to 2.0 they went to shit. Think it is the nail in the coffin for them.
Also only read the LG/LITGEN. Everything else is trash.

>>23403382
Same.

[Anonymous No.23409575]

>>23409025
Well yeah same. I have like 8-9k litty only and I wish I had 6 figures or something to REALLY make it. I'm just a small fish in a pond currently occupied by whales. Once it takes off I can call myself a bagholder I guess.

[Anonymous No.23409639]

Guys what is a make it stack for Lition? I’m new to Lition but it seems awesome

[Anonymous No.23409657]

>>23409575
You are a bagholder when it goes down and you can't sell your bags, not when it goes up.

[Anonymous No.23409680]

>>23400336
What that means is this is a huge opportunity. So many shitcoins in the top 100 with no use case.
Lition is already a successful business and has more usecases to come.

[Anonymous No.23409707]

>>23409639

100k (some say 50k)
Suicide is 10k
5k minimum to start staking

[Anonymous No.23409720]

>>23409639
5k suicide
25-50k comfy
50-100k make it
It deepends on Litions growth, Richards dream is a 1 billion company but we could 10x that easily during a golden bullrun.
A 1 billion company would put LIT at ca 17bucks per shitty LITty.

[Anonymous No.23409765]

>>23409707
>>23409720
Thank you for the info fellas. I’ll probably try to get 100k but I’m worried to buy right now because the bitcoin bull run starting could be negative for alt coins

[Anonymous No.23409766]

>>23409720
He was talking about Lition energie when he said that

[Anonymous No.23409801]

>>23409720
It's all irrational and tied to marketing, availability, ease of "use". Any ERC-20 / Uniswap token is just too hard to obtain for an average normie. They can't even buy BTC or ETH properly.
Lition NEEDS good marketing and it has to be easier to obtain. That's why the exchange annoucement is so important.
Marketing should be easy cause anyone who has half a brain realizes that it's a good project. They just need to do a good job of it.
As a German I'm a bit concerned about their ability to market well cause Germans tend to have shit marketing cause they are too slow to adapt to marketing trends or they keep it too local in Germany and nobody outside of it will ever really know about it etc.

You can have the BEST PROJECT which Lition pretty much is but it means nothing if nobody knows about it.

Right steps are being taken to correct it eg new website, exchange listing but the execution has to be there.

[Anonymous No.23409814]

>>23409720
>>23409766
Germany has one of the highest energy prices in Europe. Getting a billion here can't be hard lmao. I pay like 26 cent per kwh atm. It's suffering.

[Anonymous No.23409830]

>>23409801
They are also hiring 3 new marketing people, but I assume that theire work wont bear any fruits before the next summer.

[Anonymous No.23409846]

Posting a photo of a Lego tree house on a tibetan basket weaving forum pumped the price more than a €1M Ad campaign on German's largest TV station

[Anonymous No.23409850]

>>23409814
You have more reasonable rent costs though. Here in the the UK energy is relatively cheap but rent is stupid.

[Anonymous No.23409895]

>>23409830
Yeah probably. I'm mainly curious to see what's going to happen to the price after this, next week's announcements.
>>23409846
German tv ads won't do anything cause like I said the average German won't be able to buy into it.
>>23409850
Depends on where you live. Munich isn't much cheaper than London and bumfuck middle of nowhere England is as cheap as middle not nowhere Germany.

[Anonymous No.23409939]

Likeliness of a listing on Bitfinex? >>23409862

[Anonymous No.23409965]

>>23409939
Who knows. They announced an exchange that is not Binance so.

[Anonymous No.23409976]

>>23409939
Has anyone actually got a bitfinex account?
Can take ages to get accepted on there.

[Anonymous No.23410020]

>>23409939
>>23409965
>>23409976

It isn't Bitfinex. Anyone posing as a "insider" is full of shit.

Our conclusion is that if it is any of the top exchanges it is BitStamp or Kraken.

[Anonymous No.23410022]

>>23409720
1 billion would make lit $10 considering there is 100 million by mid next yearish. your maths is way off

[Anonymous No.23410126]

>>23410022

When is the full token unlock?

[Anonymous No.23410242]

we need two types of exchanges

1. fiat ramp on for euros
2. classic altcoin exchange like kucoin

[Anonymous No.23410267]

>>23408922
>>23408935
kek, missed these idiots

[Anonymous No.23410306]

>>23410242
"classic altcoin exchanges" will be extinct soon imo. Fiat on-ramps and dexes is all we need

[Anonymous No.23410347]

>>23410126
heres the schedule, I think most people just look at CMC or GC and don't know the real circulating supply. Considering we are at 72mill/100.5 total I find amazing compared to 99% of other projects with such a low circulating supply.

[Anonymous No.23410376]

>>23410347
such low circulating supplies*

[Anonymous No.23410400]

Is it worth making YT videos about Lition in German? I don't see much but I could contribute this. Once we have accumulated ofc I don't wanna shill it to the moon by accident!

[Anonymous No.23410409]

>>23410347
How much of the circulating supply is being staked right now?

[Anonymous No.23410427]

>>23410400
If they're good quality and informational and not the usual crypto youtuber moonboy shill bullshit then sure why not

[Anonymous No.23410450]

>>23410409
including trust nodes around 34.4 million.

[Anonymous No.23410497]

>>23410427
Yeah I'm autistic regarding quality so it would probably take me a month per video. I have a high quality mic too so it wouldn't sound cheap and autistic either.

[Anonymous No.23410514]

>>23410450
Holy shit

[Anonymous No.23410529]

>>23410497
Do you have an existing following on youtube?

[Anonymous No.23410546]

>>23410529
Yeah but I wouldn't use that channel for it it's kinda dead. Id start new.

[Anonymous No.23410546,1]

>>23410347
nice.

[Anonymous No.23411038]

Insider here: Lition's next big news will be the integration on SAP's business technology platform. After Azure and Salesforce this is the next logical step. Lition will be at the fingertips of all of SAP's customers to build upon.

[Anonymous No.23411099]

>Insider here
Retard

Real news:
https://www.reuters.com/article/paypal-cryptocurrency/paypal-to-allow-cryptocurrency-buying-selling-and-shopping-on-its-network-idINL1N2HB14U

[Anonymous No.23411244]

>>23389397
$1 waiting room

[Anonymous No.23411476]

>>23411099
Whoa. So I don't have to cash out into FIAT, I can just pay for stuff through paypal with crypto?? Unless I want to buy a house or something

[Anonymous No.23411545]

>>23411244
10 CENT WAITING ROOM

[Anonymous No.23411708]

>>23411476
Yeah I guess. PayPal will be THE way for normalfags to get into crypto. Exchanges are seething right now. Hope coinbase has to lower it's fees drastically.

[Anonymous No.23411808]

>>23411708
This is very VERY bullish for the whole crypto scene. We might all make it sooner than I expected

[Anonymous No.23411865]

>>23411808
Yep. No more KYC on (perceived) shady sites for normies. They can just use their trustworthy PayPal account to dip their toes into crypto.

[Anonymous No.23411964]

I'm just wondering which cryptos will be available there... they said "cryptocurrencieS" so I'm assuming it's more than BTC

LIT AVAILABLE ON PAYPAL CONFIRMED??

[Anonymous No.23411987]

>>23411865
kino

[Anonymous No.23411989]

>>23411545
NEVER GONNA HAPPEN EVER AGAIN

[Anonymous No.23411996]

>>23411964
>LIT AVAILABLE ON PAYPAL CONFIRMED??
How's life in 2032?
Most likely gonna be BTC, ETH the big ones

[Anonymous No.23412096]

>>23389397
Lition is a scam and DIA literally fixes it.

[Anonymous No.23412323]

>>23412096
why do DIA shills come in every shitcoin thread? looks like you need it because nobody cares for your coin

[Anonymous No.23412356]

>>23411545
Use uniswap for prices fag

[Anonymous No.23412704]

SHITION...the 10c stable coin

[Anonymous No.23412722]

>>23411996
It's not unlikely that they run it on a LIT sidechain, there are legal restrictions after all.

[Anonymous No.23412968]

>>23412704
ngmi