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/biz/ - Business & Finance

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File: 10 KB, 398x398, lition.jpg [View same] [iqdb] [saucenao] [google]
14605327 No.14605327 [Reply] [Original]

shilling Lition on Reddit?

>> No.14605363

Nah, it's V-IDT's weekend.

>> No.14605399

>>14605327
We need more time to accumulate before we let those faggots in

>> No.14605411

too high IQ for reddit. they totally ignored the developers posts on ICO

https://www.reddit.com/r/ico/comments/ajoffx/why_lition_matters/

(apologies for linking reddit)

>> No.14605418

>>14605399
Also, this is such a comfy investment that I honestly have no motivation to shill. I barely check my portfolio price anymore, I’m just letting this one ride

>> No.14605426

They still think its a shitcoin and so does biz

Everyone is on the link hype and this absolute moonshot gem is being ignored. Also because theres so little to go off at the moment and I assume people are overlooking the SAP partnership. Once the announcements start rolling in you will see many many many people hopping on the lition hype train. Get your memes and fudpastas ready.

>> No.14605624
File: 18 KB, 490x262, littw.png [View same] [iqdb] [saucenao] [google]
14605624

>>14605426
>little to go on
>pic related

>> No.14605663

>>14605426
One thing is to buy into shitcoins because they don't want to research anything.. But another thing is to not buy fucking gems like LIT because they don't want to research anything.

People are fucking stupid lemmings, haha.

>> No.14605717

>>14605426
It’s just a matter of time haha, I feel comfy as fuck right now

>> No.14605757

So let me get this right, the CTO of the giant software machine that is SAP with a $170 billion market cap and billions of revenue co-authored the white paper, has an active advisor role as per linkedin and interview, another SAP team member announced their co-innovation partnership at Consensus 2018, they have real use, 1 being p2p energy, and 2 being a $20m bank loan on the blockchain, talks with German government, talks with Arrington Capital, market cap under $10m, prolonged lockup period, application to Binance DEX, top volume on IDEX, GRDP compliant, and this is still sub $10M?

This is either the greatest scam of 2019 or the best undervalued crypto of 2019.

You seen what Oracle did for LINK, consider what SAP can do for LIT.

Oh btw SAP has a larger market share than Oracle.

Drops microphone. Scoops up pageet’s tokens with 20eth market buys every few hours.

>> No.14605953

https://medium.com/lition-blog/lition-energy-update-9d09188c146d

>> No.14606027

>>14605953
Fucking hell. I need to load up them bags a bit more. Things are really going for them.

>> No.14606058
File: 109 KB, 500x522, 3418A210-B726-45A0-9A70-917084489768.png [View same] [iqdb] [saucenao] [google]
14606058

>>14605953

>> No.14606061

You literally can't shill anything on reddit. Because they're all so wrecked they just think everyone is a scammer.

>> No.14606148

Just purchased 2k Lit. How am I doing anons?

>> No.14606158

>>14606148
doing good, great timing think we're going to stop crabbing soon

Hopefully my CB funds clear so I can buy real quick

>> No.14606165
File: 396 KB, 1080x1505, 20190705_200957.jpg [View same] [iqdb] [saucenao] [google]
14606165

This concerns me.
They are giving away 550k LIT which is 165.000 Euro. GIVING AWAY.
Also 1k LIT which is 3000 Euro for a the winner of a GAME. Just for Promotion. Someone care to explain?

>> No.14606219

>>14606165
1K LIT is not anywhere closet to 3000 euro

>> No.14606224

>>14606148
Doing great. I have 2.2k and I feel comfy as fuck.

>t. poorfag

>> No.14606248

>>14606219
300.
Still 165.000 Euro giveaway

>> No.14606257
File: 112 KB, 750x808, DSOCIrnVAAEY5Bc.jpg [View same] [iqdb] [saucenao] [google]
14606257

>>14606165
Binance gives away fucking luxury sports cars and what not. It's very good promotion. Are you telling me that Binance is a failure?

>> No.14606261

Why are you browsing reddit?

>> No.14606262

>>14606248
Because they're backed by SAP dumb retard motherfucker. If anything this is bullish

>> No.14606284

>>14606248
Finally a fucking company that understands that marketing is everything. You can have the best fucking product in the world, but if no one is talking about it, no one will buy it. Successful companies spend a lot of money on marketing. Upwards to 20-30%.

>> No.14606287

>>14606248
Yeah I know its a lot of money, but software startups regularly use 40%-50% of their OVERALL revenues as sales and marketing expenses.

>> No.14606293

>>14606262
Are you retarded?
Who gives a shit weather they are backed by SAP , do you realise they give away 165.000€ or are you so braindead that you think a stupid gamepromotion is worth 165k €?

>> No.14606297

>>14605624
delet

>> No.14606312

>>14606287
>>14606284
They don't use it for marketing NO ONE here heard about their stupid ass game before. Thats SHITTY ASS Marketing. Spend 165k€ and no one notices?

>> No.14606316

>>14606165
They are marketing hard because commercial awareness is everything. the project wont succeed without it (they need to work with new companies and gain real life use cases)

read the whitepaper srsly

>> No.14606338

>>14606293
Because they're partnered with SAP, a company with 190 billion marketcap dumb pajeet and they can afford to shit money down your throat. Weak fud kys

>> No.14606361

>>14606338
Yeah wasting 165k€+ on something no one knows about, great marketing.
Also I didnt ask a question so why do you start your sentence with because retard

>> No.14606457

>>14606361
>that no one knows about
>yet
>yet
>yet

You're missing out on one of the biggest fucking gainers ever.

>> No.14606467

>>14606457
No one knows about their game giveaway
>yet
>yet
>yet
so what, the game is soon over brainlet

>> No.14606483

>>14606467
Yes anon, all professional marketing campaigns have 100% success rate. Also, you’re literally talking about it, which is proof it has some merit

>> No.14606491

Guys what makes this project so comfy?

>> No.14606498

>>14606361


>>14606457
He isnt ABLE to comprehend what you were saying. So dont bother and buy up the dips.
Let Rakeesh earn his 2 Rupees.

>> No.14606511

too small market cap for reddit

>> No.14606537

>>14606498
>>14606483
You are right, me talking about justifies giving away 550.000 of their coin.
They will be giving away 20k LIT to the winner every month for a year, do you think they will be paying hundreds of thousands each year?
You fags are dilusional

>> No.14606561

lol anon above just mad he couldn't have a better entry, buy now before it doubles again u pleb

>> No.14606585

>>14606561
Lol I just nees to play their guessing game and win it and I will have more LIT than all of you combined

>> No.14606740

>>14606585
>What is Guerilla Marketing?
Hurrrrrr. Like state b4....they are SAVING money by investing their marketing budget into silly shilling games like these. Considering that their MC is below 10 mil I'd rather called a clever move instead of a "stupid" game. But its fine tbqh...someone needs to buy my bags in 2020 ;)

>> No.14606761

>>14606740
>pay out 20k LIT each month to the winner
>saving

LIT will be worth pennies in this scenario

>> No.14606801

>>14606761
In your brainlet-tier scenario, yep.

>> No.14606840

>>14606801
The fuck you talking about retard?
They WILL pay out 20k each month for 2 years to the winner. What will they save you idiot?
Marketing costs? If LIT will be worth more then pennies then they are WASTING money (20k LIT each month) on a person instead of using it for promotion.

>> No.14606867

>>14606761
Well actually its structured to be 10K a month to the winner.

Anyway, a start-up like this wouldn't have a direct line of credit with SAP, that doesn't make any sense. So you have to set aside a marketing budget as SAP, but can't afford to give cash prizes out that are reasonable. You can't pay for your other business expenses in LIT yet, so a marketing campaign that features a pseudo "cash" giveaway would ideally be done in your tokens.

This would increase cash flow and liquidity in the short-term, while still increasing awareness. Also, this is not like they are PRINTING new tokens, its still part of the total supply. This is out of their pockets, so why should we be concerned when this doesn't change the overall supply of LIT?

>> No.14606931

>>14606840
LITeral brainlet without entrepreneurship experience is seething.
Keep on going you fucking monkeyboy. Keep telling yourself that market reach < actual money for a young company. Last (You). Stay poor.

>> No.14607441

Why is the mentality here always a /biz/ vs Reddit thing? Why can't /biz/ and Reddit coexist in peace instead of /biz/ always wanting to shit on redditors. There's enough money in crypto for all of us to share the profits. I have seen /biz/ constantly advocate scamming and cheating redditors because they don't like them.

>> No.14607477

Giveaway is gonna create a huge dump every month cause people will be joining him

It's over, I'm selling

>> No.14607499

>>14607477
A 20,000 LIT dump is going to cause a massive dump? We saw a 40ETH sell order go through and the price remained stable

>> No.14607500

>>14607441
Fuck off to Reddit, summerfag. No spoonfeeding for your dumbasses.

>> No.14608043

My hands are itching to pour few more k$ into this cLIT, basically making cLIT 50% of my porfolio.
Is it a good idea to spend half of the portfolio into a ICO?

>> No.14608162

>>14608043
Not really a bad idea when it has a monster company like SAP behind it. I'm all in on this one.

>> No.14608211

>>14608043
You better tickle the cLIT a bit more then.

>> No.14608222

I am concerned why did token price drop almost 10x after ICO. Why did it happen?

>> No.14608249

>>14608222
The company had a portion set aside for business expenses. These funds are necessary for salary payment, office rent, etc. (basically normal business expenses) so they could not afford to keep it in LIT and had to sell off

>> No.14608274

>>14608222
alts performing poorly.
BTC pump?

this is a really undiscovered coin. It would be easy for investors to panic. and look at how low the volume was when it was dumping (and how high it is now)

>> No.14608302

>>14608222
No it didn't. The ICO price was 10 cents per LIT, and the lowest price when it bottomed out was $0.052 on May 31st. So it's a 48% drop from ICO price. Not at all bad, considering how most other alts did back then.

>> No.14608333

>>14608222
Look at it like this: The ROI of LIT right now is only 73%. It can and will go to the thousands like many other quality projects have done.

>> No.14608376
File: 177 KB, 1637x802, Annotation 2019-07-05 231036.png [View same] [iqdb] [saucenao] [google]
14608376

>>14608333
I understand that, or rather I belive so.

It dropped 10 since ATH which was a day or two after ICO,
I hope it was what the fellow cLITtor is saying>>14608249

>> No.14608394

>>14608376
>It dropped 10 since
fuck my eyes, I am lying. it less than 10x

>> No.14608823

>>14608394
also in ether, probably not in usd