/biz/ - Business & Finance

[Anonymous No.18656677]

lmao at lition sell wall, which one of you was this?

[Anonymous No.18656750]

>>18656677

Me.

[Anonymous No.18656764]

>>18656750
There's... there's no way.i..impossible..

[Anonymous No.18656797]

>>18656677
Either this guy is trying to buy up all the LIT he possibly can under this price or he's a faking retard. But it's also a very nice opportunity to buy a big bag if you have the money. Without this wall getting in the way LIT would already be back over 10 cents right now.

[Anonymous No.18656804]

>>18656797
not sure if trolling

[Anonymous No.18656905]

>>18656804
It's the truth. Lit will explode once this wall is down. German team, coop with SAP, already working p2p energy marketplace with ~100 new customers every day. Mainnet v2.0 soon, staking already active, 100 000 000 ma supply.

[Anonymous No.18656932]

>>18656677
What the hell am I seeing? The staggering of the sells doesn't really make sense either.

[Anonymous No.18656941]

>>18656932
Someone put 710 eth worth of lition on sell, meaning it won't moon for a while

[Anonymous No.18657059]

Just about 130k or so in dollars.
In sum like average of 24 Stakers in money.

This wall gonna fall sooner or later.
And when it does, it will be to late to accumulate.

Lition still manages to fly way under the radar. Once Youtubers or twitter plebs get wind of the EMINENT announcment, lit is going to explode.

Just my 2 cents:
Use the liquidity aslong its available

[Anonymous No.18657070]

>>18656804
Don't know why I would be trolling. I already have a large bag but after yesterday's news I'm considering getting more. But cause I'm not retarded I'm waiting for a week or so to see if we can hold this current price. If we can and this wall is still there, I will consider it a buying opportunity and start digging in. There was also an anon yesterday in the LIT thread who is very bullish on the project and is trying to buy almost a million (half of the sell wall). He already bought 50k from the first wall, but is obviously also waiting to see if he can get some for lower price instead of just jumping in on this pump like a retard. Cause why not wait some days and maybe buy some at 5-6 cents instead of right now at 7. But in the long run the price, at which the sell wall is set, is a faking bargain anyway. This sell wall may look scary at current liquidity, but it's eventually going down and if you get shaken out you are about to miss the next UBT-level pump. Made a shitload of money on UBT and I'm gonna repeat it with LIT.

[Anonymous No.18657113]

>>18656797
>Without this wall getting in the way LIT would already be back over 10 cents right now

This. Look at the orderbooks. Other than that whale’s big orders, there’s literally no heavy resistance

[Anonymous No.18657220]

>>18657059
This anon gets it. I would buy up the whole wall if I had the funds, but I'm very likely to buy at least some of it. Then it only takes a couple other anons, who are playing with a bit more than just lunch money, to take it down altogether. From what I've seen the average LIT bags of
other anons are very small and people with 20-50k LIT are calling themselves chads and whales kek. What I'm saying is it only takes a few or maybe even a single anon to take interest in the project and recognize the potential, then this sell wall is gonna be a matter of the past.

[Anonymous No.18657391]

>>18657220
Lit is my only hold rn.
Converted fucking everything to lit, because i can't see any comfieer hold right now.

Balls deep and still im hoping the wall resists till next paycheck to sacrifice.

[Anonymous No.18657441]

People who fall for this and think LIT won't moon heavily because of this sell wall deserve to stay poor. This wall has been sitting there for a while now and at least the Salesforce, EEA and EMINENT news came out after it was placed (not sure about the Microsoft Azure intergration). I'm thinking more and more that the guy who placed the wall must have known something and was just making sure he could continue to accumulate at around 5 cents. I've been trading the top coins od idex for a while now and a sell wall of this magnitude, all at the same price, is quite out of the ordinary. I just don't believe a guy with this kind of money would be so stupid to sell 2 million LIT 30% under ICO price, just doesn't make sense. Could be removed any day also, but if not it's gonna get bought up, just giving us a chance to accumulate for a little bit longer.

[Anonymous No.18658181]

[Anonymous No.18658305]

stop making LIT threads, sage

[Anonymous No.18658533]

>>18658305
Hehe

[Anonymous No.18658812]

>>18658305
Don't worry, accumulation is still on thanks to the sell wall. Just don't wait for too long.

[Anonymous No.18659229]

>>18657059
When the only reason your shitcoin pumped in the first place was due to a lack of liquidity and thin order book, now it's over because nobody is going to take on the risk of buying pumper bags

[Anonymous No.18659318]

>0x319c43d8f907e074fe78b19630c4fde1c07baffe
here's your guy with the sell walls

[Anonymous No.18659397]

for the uninitiated...
>https://api.idex.market/returnOrderBook?market=ETH_LIT&count=50

[Anonymous No.18659425]

Yes, the idex wall will fall. For it cannot withstand faith; it cannot withstand truth. The wall cannot withstand autism and greed. This wall will fall. Beliefs become reality. (You) will get a Lambo and a GF.

[Anonymous No.18659629]

>>18659318
look where he bought the biggest chunk of his coins. It was nearly a year ago, so he barely breaks even. Except the staking rewards, he should got a lot.

[Anonymous No.18659649]

>>18656677
devs dumping their bags lmao. And shilling lit on here. Makes perfect sense

[Anonymous No.18659776]

>>18659629
Might be he has just given up on crypto and wants to cash out but is stuck with way to much LIT that current liquidity cannot swallow very quickly. I'm assuming that cause there really isn't much activity in that wallet, he just bought stupid amounts of LIT one year ago and is now selling it all at around his breakeven price in dollars (he is still selling at a major loss in ETH terms).

[Anonymous No.18659787]

>>18659649
This address has 30 different tokens in the list.
Not reasonable, just a biz-tard buying every shill and now needs some money.

[Anonymous No.18659788]

>>18659649
I don't think that, they have burned 75% of their coins and they have an already profitable platform (lition.de). Look my post above, it looks like an early whale wants to get out

[Anonymous No.18659818]

>>18659776
Yeah looks like he was kickong himself for not selling at the last spike a few months ago, so he set the limit orders at around the top of that last spike. Good for us lol

[Anonymous No.18660339]

>>18659318
>>18659397
You don't seem to be a brainlet like most people around here so what's your take on the situation? After looking at that wallet the guy certainly doesn't seem like an insider to me, not even a great trader/speculator for that matter. Seems more like a guy who possibly got lucky back in 2017, made some serious money, than lost a good portion of that money and is now looking to cash out. Unfortunately for him, all his money is tied up in a coin that just lacks liquidity for an order of that size to be bought in a reasonable timeframe.

[Anonymous No.18660378]

>>18659318
how do you check which wallet has the orders up on idex?

[SAP/LIT Insider No.18660422]

SAP/LIT Insider here, can confirm its a whale.

Developers are not dumping their tokens any soon, we wouldnt sell for this little price when theres way more potential.

[Anonymous No.18660491]

>>18660339
Not sure desu, I'm not a LIT holder so I'm not attached and only looked at this address for a moment. Whenever I see large walls on IDEX though I'm always curious to see if it's someone playing games. This wallet isn't currently buying, so the whales accumulating narrative doesn't fit unless there's connected addresses taking advantage.
seems to me to just be someone with a lot of LIT that isn't very smart. this is a pretty retarded way to try to unload tokens.

>>18660378
query for the order book on the LIT pair...
>https://api.idex.market/returnOrderBook?market=ETH_LIT&count=50

recent trades...
https://api.idex.market/returnTradeHistory?market=ETH_LIT&count=100

check out the idex api documentation. there's a lot of decent info you can pull

[Anonymous No.18660543]

>>18660378
Because odds are low that there are two plebs with 2m tokens on their hand selling at one specific price.

[Anonymous No.18660579]

>>18660422
No shit it's a whale sherlock, he owns more than 2% of the entire supply, that's literally the definition of a whale. As for the people saying the developers are dumping, they are just pajeets fudding with their shit-tier fud and we should all just ignore them.
Also you should stop pretending already you're an insider because you live in Waldorf and walk your dog past the SAP office every day, it getting kind of cringe.

[Anonymous No.18660595]

>>18656905
No one cares what it does

[Anonymous No.18660653]

>>18660595
Always the same.
No one cares what ot does until its price moved to ath and it becomes a meme

[Anonymous No.18660705]

>>18660491
Thanks for your input, appreciate it.
I agree with you, this guy must definitely be one of the biggest LIT whales but that doesn't in any way imply he's a smart whale. No signs that he's accumulating either.. maybe if he is using another wallet that has no traceable connections to this one but idk man.

[Anonymous No.18660946]

>>18657391
Chad
T. Ico linkie

[Anonymous No.18661247]

>>18660705
I made the mistake once of assuming IDEX shitcoin whales were smarter than me. I watched some poor bastard buy up batches of CHX 100ETH at a time the whole way down. he lost about a half a million dollars from that shit. no everyone with money in this market is smart. a lot of people got lucky from being in early and are still pissing away gains.

[Anonymous No.18661283]

pajeet shitcoin STILL getting shilled
just amazing

[Anonymous No.18661469]

>>18661247
Yeah it's amazing.
How much was his % amount of the supply though?
I once bought 5% of all circulating supply of a shitcoin thinking that by the shear fact of me just amassing it, the relentless selling had to subside but it didn't. Only after I gave up supporting the price, it found a bottom and reversed and i managed to unload at a nice profit.
Could have lost a pretty penny right there.
Not once did I find that I could really curb the overall trend.
This belief that wales control the price is nothing but urban legend.
Neither will this 2 million LIT fag.

[Anonymous No.18661489]

>>18661283
>pajeet shitcoin STILL getting shilled
just amazing

[Anonymous No.18661501]

>>18661489
learn how to soijack properly retard
but i guess a retard that buys shitcoins like LIT must have a single digit IQ

[Anonymous No.18661517]

>>18656905
>mainnet soon

hahahahahahahaha

[Anonymous No.18661532]

>>18661501
>learn how to soijack properly retard but i guess a retard that buys shitcoins like LIT must have a single digit IQ

[Anonymous No.18661561]

>>18661532
dumb soijack poster

[Anonymous No.18661653]

>>18661561
>dumb soijack poster

[Anonymous No.18661809]

>>18661283
>>18661501
>>18661561
I thought for once I landed in a thread where I could have a constructive conversation with other anons about the topic which actually started the thread. But pajeets like you always invade and start screming muh scam, muh developers dumping. GTFO and buy yourself some braincells faggot.

[Anonymous No.18661855]

>>18658181
HAHAHAH 30-50% HAAHAHHAAHHAAHHAHAHAAHAHAHHAAHAHHAAHAHAHAH

[Anonymous No.18662973]

So i had some time the last minutes to dig some more into the whales wallet. He has bought most of his lit at 30-50% above current USD value, so he is selling at a loss. He also bought a lot of shitcoins like dentacoin. He is likely german speaking because he bought swiss coins, german coins (julian hosp, one of the founder of tenx is german) so he likely trust such projects more than projects without german/swiss/austrian people on board. He likely is selling them because he wants his money out, he very likely does not follow the markets closely or he would spread the sells further out because of the good news the last weeks.

[Anonymous No.18663068]

>>18661809
Maybe we can post /lit/pepe threads with a non-related ultra boring title that will only get pumped by highly intelligent /lit/bro's.

maybe about investing in bonds or something.

[Anonymous No.18663092]

>>18662973
Yeah, the wall has been up since April 9th, right?
And it hasn't moved.

[Anonymous No.18663259]

>>18663092
Pretty interesting opportunity for us desu.
All this news that should have made this a 10 million+ token already yet this wall gives us the opportunity to amass extra LIT.

[Anonymous No.18663328]

>>18663092
Right, but from the first 200k wall, 30% were bought yesterday but it was filled again back to 200k today. So he likely follows his idex account but he does not spread the sellwalls out. Also he has like ~190k lit in his wallet still, so he can refill a buy wall again. Is a hard nut to crack. He also was staking 2300000.

[Anonymous No.18663332]

It's interesting to see how orders appear on idex,
try to put an order in top of the book, you will see bots spoofing you

[Anonymous No.18663340]

>>18663259
True. I have limit buys laddered and will add more. Price will not drop much and sooner or later we will eat away that wall

[Anonymous No.18663379]

>>18663332
Yeah, you can place your bids and asks higher/lower in small steps, there comes a point where the bots don't follow. That's a good place to leave the order if you want them to get filled relatively fast. Or you want to sell/buy at a better price, you can move the bot bids with that strategy with a tiny amount and market sell/buy with your real stack

[Anonymous No.18663440]

>>18660579
This. Fuck off outsidefag.

[Anonymous No.18663512]

>>18663328
>>18662973
I just took a look, he actually filled the first sell order back to exactly 200k. I mean could also be somebody else but I have a strange feeling it was him. Yet another confirmation he's german because he's so pedant kek.

[Anonymous No.18663663]

>>18663512
Heh yes typical german :D
Yeah it ncan only be him, when someone else places an order at exact the same price it will show as a separate order on the orderbook, because of the structure of the dex. Orders are directly from ones wallet so you can't mix them.

[Anonymous No.18664834]

>>18660422
What part of "inside" do you not understand?

[Anonymous No.18664914]

>>18660422
Based SAP outsider

[Anonymous No.18664935]

>>18660422
Also when announcement?

[Anonymous No.18664949]

>>18664935
The Eminent thing was the announcement, obviously.
People still not realizing how fucking big it was. I knew I'd made it right then.