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

/biz/ - Business & Finance


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>> No.19056365
File: 164 KB, 409x436, 11671264-D1F9-4E62-B81E-7814FB70DC9E.png [View same] [iqdb] [saucenao] [google]
19056365

Nigga it’s over. The team is always dumping. I thank God I sold my LIT while still in profit for STAKE. Best decision of my life to be honest

>> No.19056420
File: 169 KB, 842x1116, dumpedon.png [View same] [iqdb] [saucenao] [google]
19056420

>Admitted to secret dump only when rumbled
>Team dumps at highest price in almost a year, no one else can sell because tied up in stakes

>> No.19056476

>two first replies are fudders
This is all so tiresome. Get a life guys.

>> No.19056929

>>19056365
Teams always dump, it's how they make money

>> No.19056967

>>19056929
>Teams always dump, it's how they make money

Is this bait? Teams “make money” by having clients that generate revenue retard. See you at 5 cents

>> No.19056996

>>19056967
lmao they are already 6 cents

>> No.19057064
File: 54 KB, 532x551, sirs pls not the buyings.jpg [View same] [iqdb] [saucenao] [google]
19057064

>>19056967
>>19056420
>>19056365

Like clockwork kek. Daily reminder that LITERAL PAJEETS on twitter are FUDDING LIT to get in cheap lmfao. Even the most retarded FUDer Markus Germanicus is acknowledging them kek.

>> No.19057158

>>19056967
>>19056996

Waiting for 5 cents. Hopefully soon

>> No.19057226

Marketcap is tiny, that's all that matters. Will pump again in the future.

>> No.19057360
File: 116 KB, 920x880, lit.jpg [View same] [iqdb] [saucenao] [google]
19057360

Do people really buy a cheap ass token with barely any volume and sperg out when the price swings? Are these the people on the other side of my trades???

>> No.19057558

DAILY REMAINDER: THE TEAM DUMPED MILLIONS OF ECOSYSTEM TOKENS AT LESS THAN ICO PRICE FROM THIS ADDRESS IN IDEX
>https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x014f808b7d4b6f58be5fef88002d5028cd0ed14b

>https://imgur.com/a/rWVGexU


>>18897550 (the price was at 11c when i first warned /biz of this scam )
>>18897611
>>18900922
>>18901472
>>18901612
>>18919921
>>18920783
>>18924650
>>18926842
>>18927888
>>18929368
>>18936794
>>18937734
>>18945086
>>18945977
>>18946317
>>18947001
>>18947046
>>18947251
>>18963583
>>18965377
>>18966392
>>18971261
>>18971475
>>18971560
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>>18972598
>>18974860
>>18976847
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>>18990893
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>>18991204
>>19008874
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>>19009843
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>>19010410
>>19014296
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>>19042771
>>19043366
>>19043649
>>19044042
>>19044212
>>19047540
>>19048687

the team manager pointed to a tx from binance dex as its a prove the team is not the one dumping this time but guess what? those tokens come from a big wallet with 13millions lit, so this is not a case were someone is sending them bep2 tokens to get erc20 tokens , it was just a fake transfer to fool the community , this is really dumb, stupid and retarded
>https://explorer.binance.org/address/bnb1ywlwj4em9f2wg7u5rmaklt5372crl8ysv4x73t

so instead of doing this:
>person1 send 67092 from bep2 wallet1 to the team wallet (bridge wallet)
>person1 recieve 67092 from erc20 team wallet (bridge wallet) to his erc20 wallet1

they did this:
>team wallet send 350,000 to new created wallet1
>wallet1 send 67092 to a new created wallet2
lmao how stupid you can be, im sure the next time they will do it properly because they are learning from me how to deceive and scam people the right way like how suddenly the binance chain started sending large amount of tokens after 90days of inactivity and 200$ of trading volume

>> No.19057579

>>19057558
>https://medium.com/fantomfoundation/fantom-foundation-runway-cbc64962b669

>fantom shitcoin team managed to save 5.4 millions $ which will make them solvent for 2.5 years to come
>lition shitcoin team managed to waste 5 millions $ in one year and without a mainnet release so they decided to sell the ecosystem tokens (aka stakers tokens) to stay solvent for another 1 months
>according to pajeet shills they didn't use money from the energy company to finance lition blockchain development expenses because they are financially independent from each other
>5 millions $ /12month=416,000$ each month of expenses
>as of now they have 1500ether which is approximately 300,000$ and another 300,000$ of lition tokens are waiting to be dumped next month
>which means they have only 1.5 month in their hands before they go insolvent to fix the consensus problem and release a stable mainnet with only one developer (who obviously lack any experience) and start making money
>ethereum with more than 5years development, hundreds of developers and they are still not making any real money from real life businesses
>lition is a layer2 dapp on ethereum blockchain

let that sink in

>> No.19057594

>>19057558
>>19032603
>none of us know

yes we know why you little monkey
>pajeet shills:yeah mainnet2.0 + binance listing + new partnerships announcements coming soon
>the team knows that there is no good announcement in the near future so they decided to dump most of the ecosystem tokens and hold ether instead of their shitcoin which show how much confidence they have in their own project success
>the team started selling at 5cents just below the 2millions sell wall (half the ico price lmao)
>they didn't need the money to pay for expenses because they are still holding into that 1500ether which shows they are expecting it to raise in value more than their own shitcoin

>inb4 sirgay did the same thing
no he didn't do the same thing:
-sirgay started dumping between 2$ and 4.5$ which was x13 increase in price in one month and also chainlink ico price was 0.11$, and also he sold his own tokens and not the ecosystem tokens
-sirgay dumped maybe 0.5-1% of the max supply tokens

-Richtard started selling at 0.05$ (half the ico price) in the way to 0.1$ and caused the price to crash
-Richtard sold the ecosystem tokens after he burned their own tokens and said they don't need more money to run and to pay the expenses
-Richtard dumped 5% of the max supply tokens in April alone and another 5% is waiting as they said they won't sell anymore in the mid term, mid term means 1week in the scammer dictionary

>oh how can a team with a legit company and good connections and relations with the german government and endorsed by sap turn to be a SCAM
>remember modum?
>they have so much in common
go read replies
>>https://twitter.com/modum_io/status/1230445888780341255

>> No.19057634
File: 48 KB, 640x480, 1587712455939.jpg [View same] [iqdb] [saucenao] [google]
19057634

Hey kids and newfags.

Say "hi" to Markus Germanicus, the most retarded and whiny bitch on Lition's TG.

>>19057558
>>19057579
>>19057594

>> No.19057666

I have been fudding bros im sorry i want cheap lits but im happy now that if we hold 7 cent when bitcoin tanks in the next few weeks we will see 4 cent lition and ill double up then

Fuck the people who joined telegram lately asking retarded questions over and over they dont deserve lition lucky for them the staking locks your tokens so they cannot sell because they all would have, there was a lot of excitement over the last few weeks and the team took the chance to sell before halving brought alts back down

>> No.19057778
File: 643 KB, 802x802, 1589223185009.png [View same] [iqdb] [saucenao] [google]
19057778

>>19057594
>>19057634
Copied from yesterday's thread:

fyi newfags, back when lition didn't have a general etc. he used the exact same kind of FUD to buy under a sell wall.
then when the sell wall got bought and there was a big pump he slipped up (in his euphoria probably) and admitted he was FUDing to buy more, in the very same thread.

this is the thread
>>/biz/thread/S18690160#p18692877

here he admits it in a reply to himself

>>/biz/thread/S18690160#p18693407

>> No.19057938

Where tf are you guys buying LIT
Cant find it on binance

>> No.19057957

>>19057938
idex, use VPN and VPN activated e-mail if you're a burger

>> No.19057978

>>19056359
Imagine buying Lition over LOKI. Imagine.

>> No.19058007
File: 4 KB, 1361x36, Screenshot_2020-05-13 Lition - Staking Pools 2 0.png [View same] [iqdb] [saucenao] [google]
19058007

FeelsGoodMan

>> No.19058031
File: 17 KB, 400x400, professional pooper.jpg [View same] [iqdb] [saucenao] [google]
19058031

>>19057978
YES SIRS. BIGIST INVESTED OPPORTUNITY SIRS. SWINGTRADED WITH 50 RUPEES AND GOT 150 RUPEES LIKE THAT SIRS. 2022 LOKI > ETH SERS.

>> No.19058054
File: 492 KB, 1220x1035, 1588764265688.jpg [View same] [iqdb] [saucenao] [google]
19058054

>>19058007
>got more today than I ever had
It does feel good indeed.

>> No.19058068
File: 193 KB, 920x896, 1585336165263.jpg [View same] [iqdb] [saucenao] [google]
19058068

>>19058054
its just eleven bro, these germans dont know commas from dots.

>> No.19058102
File: 832 KB, 252x188, pointing-and-laughing.gif [View same] [iqdb] [saucenao] [google]
19058102

>mfw the same autists and their delusions of conspiracies are back right away

>> No.19058177

just in case any of the new kids are scared by the fudsperger: there's literally thousands of actual worthless scammy shitcoins out there. No one cares. So why is there one or two guys completely devoted to expose this supposed "scam" (which in this case is one of the most legit crypto projects you can find, look around), while not carig about the thousads of literal scams? Because they either missed out in the early phase or want to get huge bags at bottom price. Just remember that when autistic retards shit all over your threads

>> No.19058208

>>19057778
thx for this reminder, but strong hands know this already and feel comfy af with staking and the upcoming parterships. keep in mind that having german licenses for selling gas and electeicity plus being in the renewable energy sector is in germany the license to print money. get in asap and don't listen to curryniggas or other faggots.
the staking rewards are insane for a legit project, ao fudsters are drawn to a project like this to get in cheap for their threefiddy rupies.

>> No.19058239

>>19058177
thx for this open perspective. absolutely right in a sea of shitcoins dlx LIT is sitting at the beach and slips some champagne, knowing that it is superior.

>> No.19058289
File: 191 KB, 706x920, Gianlorenzo_bernini,_costantino,_1670,_02.jpg [View same] [iqdb] [saucenao] [google]
19058289

>>19058177
>>19058208
This. I can understand trying to lower the price to buy more. But their methods are disgusting and they would be at the loss of other anons. Frens, do not sell because you would regret it. Do not torture yourself if you've already staked, there's no point. Stay strong and disregard the autistic fudders.

>> No.19058320

>>19056359
So who wrote the technical whitepaper?

>> No.19058354

>https://etherscan.io/tx/0x809c7906aca963fefdf41392d5edf4309ad39706ca565612c56928ae79b48d46
ok this is something new to me, can the team still mint tokens??? staking address contract just minted new 37,000lit , can they really print new tokens from thin air like the feds????
>inb4 this is fud

>> No.19058478

>>19058354
stupid af, this is how the staking process works. someone staked tokens, that involves 0x00,there are no new tokens minted. seems you don't know how eth contracts work.

>> No.19058504

just in case any of the new kids are fomoing because of the pajeet and rankeesh shillers: there's literally thousands of actual worthless scammy shitcoins out there and this is one on them, you don't believe me and want proves? here is your proves and judge for yourself :
>>19057558


you can clearly see that when i first discovered the team dumping they tried hiding it by telling multiple lies and changing the narrative every time i proved they are lying until they admitted to dumping but with another lie, they said they urgently needed the money to pay for some expenses but guess what my fren? they didn't cash out any of the 1500ether they got from dumping their shittion
and this rankeesh gang shillers defended them before and after the facts

>> No.19058527
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19058527

>>19058504
>>19058354
>>19057594
>>19057579
>>19057558

The amount of screeching and desperation his heading into whole new levels HAHAHAHAHA

>> No.19058589

>>19058504
ZzzzZzzzZZZZzzz

>> No.19058601
File: 1.26 MB, 354x200, fiddy.gif [View same] [iqdb] [saucenao] [google]
19058601

>>19058354
whatever retard come back when you know how any of this shit works

>> No.19058725
File: 1.79 MB, 2448x1483, IMG_20200513_123139_3~2.jpg [View same] [iqdb] [saucenao] [google]
19058725

>>19057634
Rofl i am Markus actually, but TY for your attention, looks like you allocate a lot of your thoughts to me. Give me your energy :D
Pic related, one of my last replies in the trading channel before i got muted. Check it retard

>> No.19058739

>>19058504
>>19058354
the dude with literally no life
shoo shoo pajeet

>> No.19058798

>>19058725
get your wording right. dumping means selling tokens for your own enrichment. lition sold ecosystem tokens as announced in the whitepaper and in some medium articles for their ecosystem, wait and see what it is. do you need a specially for you handwritten letter with a special announcement just for you? look, you're not that special as your mom had told you. sorry.

there are often NDAs involved in new partnerships etc.
stupid af, you've never run a business.

>> No.19058857

>>19058725
kek

>> No.19058861

>>19058798
I actually own a business retard
Also, the selling is not the problem. But the way they did this, as i told numerous times in telegram. They literally admitted to sneak the funds into the token bridge address to dump them sneakingly. We were told that this did not happen for a week, until the team became honest after there was enough pressure of the community. That's dumping on investors head. Also the ETH they got did not leave the wallets so far, so it was not needed in the short term, so that means they are not confident in the price being over ICO level (10 cents) or else they would have waited longer and not dump hundreds of thousands for every day.

>> No.19058953
File: 540 KB, 426x240, 1588697310715.webm [View same] [iqdb] [saucenao] [google]
19058953

>>19058861
Maybe they needed funds azap for a unexpected expansion/opportunity that would serve Lition long term? That was not calculated in the original process of expansion?

This shit happens all the time to fresh companies that are growing rapidly. You are just fucking retarded to automatically assume the worst, it makes your fud obvious.

Don't fall for it lads.

>> No.19059153

>>19058953
maybe you missed the fact that they didn't cash out any of the ether or you're just playing stupid:

>https://deltabalances.github.io/index.html#0x303182c1cf07557b21129b758bc16f60c4a2bd39
>158 ether
>https://deltabalances.github.io/index.html#0xa9fe7674f35a789894c12347b24fe45197ac4748
>326 ether
>https://deltabalances.github.io/index.html#0xb2934e3a1fbe78128bb7d20dbb3e69b372ddcd6e
>251 ether
>https://deltabalances.github.io/index.html#0x2866c96f822c41215714c4d4db94ed1d5830c34c
>224 ether
>https://deltabalances.github.io/index.html#0xb44a792b036782b468606f58842607cdddf23db0
>66 ether
>https://deltabalances.github.io/index.html#0x6a4d7c5b1757fd991a9add49e34ea13c4bdbc218
>98 ether
>https://deltabalances.github.io/index.html#0x25607b6cc38a4366465333fec01bdc2941f607ce
>45 ether
>https://deltabalances.github.io/index.html#0x173f8bc31c5095c4dce6ebcb18512dff01ad7c40
>24 ether
>https://deltabalances.github.io/index.html#0x5d0e2270771dd9fedcca59b2693519f6a7d26f8b
>100 ether
>https://deltabalances.github.io/index.html#0x6ea4e176aea70d6012d25bab1491e4ef499060ae
>134 ether


even the yesterday address didn't withdraw the ether
the team is playing some stupid games and soon they will get some stupid reward

>> No.19059163

>>19058861
I agree with you, that was some shady shit but i 100% trust the company and have the feeling the spending has something to do with their partnership with rtl and upcoming marketing.. anyway you do you, i keep buying more!

>> No.19059780

>>19059153
nobody here cares about you.
nobody cares what the team does on the surface.
we believe in the long-term of lit, your posts aren't gonna change that.

>> No.19060067

what a coincidence... spectre listed today lition...

>> No.19060108

>>19056359
The pump is over. Kys shill.

>> No.19060231

>>19060108
You have no idea what is coming bro

>> No.19060559

>>19060231
>You have no idea what is coming bro
>https://deltabalances.github.io/recent.html#0x94cdd17df31f34030afb85489319866f5fdc9a76

yes we have an idea , this address also is doing the same shit the team was doing in the past days but instead of getting the tokens from the bridge they got it from the fake exchange hotbit were 95% of volume is fake and the team sent millions of tokens there in the past months and now they are sending them back to were they can actually sell them
>https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x274f3c32c90517975e29dfc209a23f315c1e5fc7#tokenAnalytics

>> No.19060764

>>19058177
That's such a silly way of thinking that derives from a psychological defense mechanism of absolving self-blame and directing fault towards external factors, i.e fudders. The reason the price dumped nearly 50% is mainly due to the team selling upwards of 3m tokens at below ico/prices the last couple weeks.
Fudding at most is gonna force a few people looking to swing some altcoins, with a combined purchasing power of like 100 eth, to sell preemptively. I.e generating buy liquidity by fooling people to sell early before a big leg-up. But that's not what's happening here currently, the price has stagnated at 0,00037eth and if the team keeps dumping it will further decline another 40-50%.

At the end of the day, in my understanding the lition energie company is a seperate entity from lition blockchain and the token isn't even a vital component of their business.

>> No.19060961

LIT is to SAP as LINK was to Oracle.

Stay woke Lit senpai!

>> No.19061086 [DELETED] 

>>19060764
this, 80% of sell orders come from the team, my posting only caused some anon to sell maybe like 50eth max

>> No.19061120

>>19060764
this, 80% of sell orders come from the team, my posting only caused some anon to sell maybe like 50eth max

>lition energie company is a seperate entity from lition blockchain and the token isn't even a vital component of their business
also this

>> No.19061548

>>19059153
none of those wallets have ether?

>> No.19062016

This fud is exhausting

>> No.19062053

>>19061548
They do. Look at token deposited on DEXes and look for IDEX tokens.

>> No.19062119
File: 1.89 MB, 1920x1080, 1588852492008.png [View same] [iqdb] [saucenao] [google]
19062119

>>19062016
Yeah, not even subtle enough to achieve its goal. It's just coarse and boring.

>> No.19062169

>>19062119
It's the same shit every thread, literally copy-pasted.

Newfags who stumble upon LITGEN, these faggots have been spreading fake fud since late April.

>> No.19062383

>>19062169
>these faggots have been spreading fake fud since late April

And they even admitted they're doing it to get more cheap LIT >>19057778

>> No.19062502
File: 46 KB, 1024x1024, 1585965253894m.jpg [View same] [iqdb] [saucenao] [google]
19062502

It's such a shame that a potentially good thread is ruined by retards screeching about ecosystem tokens being released. It's amazing that they're here every day just to bitch and moan. Take your meds, people.

>> No.19063289
File: 35 KB, 527x582, 1585555939999.jpg [View same] [iqdb] [saucenao] [google]
19063289

remember to dab on the fudsters and stay lit bros and remember, wir mussen die Juden ausrotten!

>> No.19063601

your shitcoin didn't crash to -90% because of that dumb whale but he will eventually get eaten by the team sells, no one is buying your scam coins anymore after all the shitshow that happened and still happening
bunch of clowns

>> No.19063703

>>19063601
shoo shoo dirty curry smelling pajeet

>> No.19063799
File: 32 KB, 250x250, E4E69BA7-47C6-4702-95F0-5039810D8A25.jpg [View same] [iqdb] [saucenao] [google]
19063799

>>19063601
Yes sir thank you are very good bad boy sir.

>> No.19064139
File: 524 KB, 640x800, 1588973488982.png [View same] [iqdb] [saucenao] [google]
19064139

>>19063601
https://youtu.be/fKtNawQ3cxM

>> No.19064522

It's not just that the team dumped on us, but also the fact that I missed several moonshots the past couple weeks, e.g esh,ubt,anj,lcx, while simultaneously the team vehemently denied the selling.

Whoever doesn't realise that the team dumping so many tokens the moment lit reached ico prices again after so many months in the gutter, while going a long way to hide it through a convoluted token bridge swap, is probably extremely misguided and thinks that the LIT token will 100% inevitably scale due to the success of lition energie AG, even though they are 2 totally different entities and the average consumer has neither the inclination nor the incentive to learn how to use crypto to pay for p2p energy transactions, when they can do it with fiat. In essence the blockchain might only scale a minimal fraction of the lition energie enterprise, hell there's also the risk it might even be dumped later on and marked as operationally reduntant.
Them selling in this fashion indicates either that they spent the 5m

In any case from a TA standpoint this is a hardsell till it breaks 0,00060eth with conviciton, whenever this spikes to 0,00048eth again i am getting the fuck out and gonna swing something that actually doesn't get dumped on by the team right before the moment it could break major resistance.

For a change try presenting some useful arguementation to serious concerns, instead of attributing everything negative as fud.

>> No.19064589

>>19064522
*Them selling in this fashion probably indicates that they either already spent the 5mil raised in the ico or don't believe that they can get much better prices in the future.

>> No.19064638
File: 99 KB, 600x506, 1588425961006.png [View same] [iqdb] [saucenao] [google]
19064638

>>19064522
>>19064589
too much text making me sleepy...

>> No.19064807
File: 764 KB, 1903x966, Screenshot_2020-05-13 Lition de - Web site.png [View same] [iqdb] [saucenao] [google]
19064807

remember to ignore fudsters

>> No.19064948

>>19064807
How exactly does the token benefit from this when 99% of boomers are gonna just use fiat to pay.

>> No.19064970
File: 144 KB, 1024x762, 1585587033502.jpg [View same] [iqdb] [saucenao] [google]
19064970

>>19064948
why dont you think about that for a bit...

>> No.19065143

>>19064948
>>19064589
>>19064522
>>19060764
I'm sorry. I think you're just not intelligent enough to understand the potential of LIT. You might make it by holding, but it wouldn't be due to your understanding of Lition, it would be because you happened to choose a good cryptocurrency that you saw on /biz/. LIT isn't a moonshot and don't expect it to ever be one. It will grow slowly as Lition Energy and Lition Technology grow (and by the way, they're seperate but co-dependant companies, so the blockchain isn't useless at all).

>> No.19065377

>>19065143
Mind sharing your quantitative analysis that led you to the projection that increasing energy demand can beat the huge inflation rate caused by the massive notional ROI rewards of staking? Also the energy trading can run on a centralised db just fine. It's all fluffy talk with no substance, anyways the search for intelligent life on 4chan continues.

>> No.19066144

>https://deltabalances.github.io/recent.html#0x94cdd17df31f34030afb85489319866f5fdc9a76

get rekt you scams

>> No.19066874

>>19066144
rekt how? someone sold lit, wow

>> No.19067012
File: 41 KB, 490x440, 1290887640523.jpg [View same] [iqdb] [saucenao] [google]
19067012

>>19056359
>pg 52 of the whites
>HODL literally written twice
>"HODL" in a professional document

>> No.19067922

>>19065377
Yeah. The staking rewards are based on the number of transactions of the sidechain. Right now the staking rewards are so high because of the multiplier effect from the genesis phase. These extra tokens come from the ecosystem pool.
>Also the energy trading can run on a centralised db just fine.
Not it can't otherwise that would be their business model. It's a temporary solution but they cannot achieve everything they want to achieve with it.

>> No.19068039

>>19065377
it is with the coming mainnet a decentralized market place for electricity and gas on two sidechains, on another one loans (Volksbank) and the fourth one for validationg documents (law/lawyers).
decentral, with validator-nodes and so on. i don't think that i've to explain to you the benefits of decentralization, or do i?

>> No.19068219

>>19059153
When was the last time you checked those links you keep copy pasting?

>> No.19068260

>>19058320
SAP's Chief Technical Officer Jurgen Muller

>>19058354
The worst part about you is that you never respond to any criticism and you never respond to any mistakes that you made. You just keep on going with the stupid fucking screeching.

>>19058725
FUD doesn't equal reality because the claims are that Lition are a scam, there's no actual use case and they were even being accused of being Nazis.

>>19058861
>They literally admitted to sneak the funds into the token bridge address to dump them sneakingly.
They did it to avoid the unnecessary FUD like this. It ended up not working. Please sell and leave this community.

>>19064522
You can tell that you only bought in a few weeks ago and know nothing about the team.
> the average consumer has neither the inclination nor the incentive to learn how to use crypto to pay for p2p energy transactions
I swear I have to repeat this everyday. This isn't where the demand or the utility comes from. I have no idea why people FUD a project they do absolutely no research on. Because I'm getting tired of repeating myself I can only recommend that you sell and leave.
>In any case from a TA standpoint
Further proof you don't know what you're talking about.

>>19064948
See above response.

>> No.19068736

>>19068219
i just double checked now to be sure the ether is still there.
oh you need to check idex exchange in "Load deposited DEX balances" so deltabalance will check for funds in idex wallet tied to this address, sorry for the confusion i forgot about it because deltabalance save you settings (cookies)

>> No.19068792
File: 60 KB, 98x150, 1587647074106.gif [View same] [iqdb] [saucenao] [google]
19068792

>>19068260
i hope the nazi thing is real atleast, that is like 80% why im invested.

>> No.19069152

Correct me if i'm wrong, but i believe the reason Lition Energy and Lition Blockchain are separate entities is because one is a peer to peer energy service that uses the other, the "Lition Blockchain", as a means to provide its service. The difference being that the Blockchain itself has the potential for other use cases across different sectors. Hence why they are partners with companies in completely different industries.

Throughout these threads everyone talks about Lition Energy as being what they're investing in when purchasing LIT, whilst myself always saw it as investing in their GDPR compliant Blockchain which currently has one working use case, Lition Energy, but has the potential for others in the future across numerous sectors.

So for example, say in 10 years the Lition Blockchain itself could be used by X amount of companies, whilst Lition Energy itself could in fact cease to exist. This being a hypothetical scenario, but just an analogy to explain my understanding of what i believe the LIT token represents in the long term.

Though i'm more than happy to be corrected if i'm wrong.

>> No.19069248 [DELETED] 

>>19069152
>one working use case
uh anon i....

>> No.19069282

>>19069152
>one working use case
>working
uh anon i...

>> No.19069305
File: 70 KB, 886x886, 1585420700554.png [View same] [iqdb] [saucenao] [google]
19069305

>>19069152
MUST.BUY.LIT. UGHHHHHHHHHHHHHH UGHG UHG HUG HUGHUG HUHUGGUUGGGG

>> No.19069391

>>19069152
I understand from where you are comming from, but the energy case is hyped up here because of Germany's part in revolutionizing their energy economy.
https://en.wikipedia.org/wiki/Energiewende
This wikipedia entry is no meme and I myself see how younger people are more and more interested into "saving the planet" than ever.
Their current energy providers are mostly focused in east germany which means that if ppl from the west want to buy their energy they will most likely pay more than they do originally. Once they started having energy plants in the west and south of the country shit is gonna boom like you've never seen before. (Dont forget: Germany is the most populous and wealthy country in Europe). There are simply mutliple ways to make it with this token and I am not selling in even one year, since I will be able to buy energy for myself for the rest of my life.

>>19069282
Oh, so they are selling nothing right now? Damn, LIT's management are some financial geniuses then.

>> No.19069974

Here an updated version of all balances. TL,DR: They've sold LITs for ETH, yes, but haven't sold nearly nothing of that ETH.

>https://deltabalances.github.io/index.html#0x303182c1cf07557b21129b758bc16f60c4a2bd39
>158 ether >> 215ETH
>https://deltabalances.github.io/index.html#0xa9fe7674f35a789894c12347b24fe45197ac4748
>326 ether >> 353ETH
>https://deltabalances.github.io/index.html#0xb2934e3a1fbe78128bb7d20dbb3e69b372ddcd6e
>251 ether >> 251ETH
>https://deltabalances.github.io/index.html#0x2866c96f822c41215714c4d4db94ed1d5830c34c
>224 ether >> 224ETH
>https://deltabalances.github.io/index.html#0xb44a792b036782b468606f58842607cdddf23db0
>66 ether >> 66ETH
>https://deltabalances.github.io/index.html#0x6a4d7c5b1757fd991a9add49e34ea13c4bdbc218
>98 ether >> 27ETH
>https://deltabalances.github.io/index.html#0x25607b6cc38a4366465333fec01bdc2941f607ce
>45 ether >> 46ETH
>https://deltabalances.github.io/index.html#0x173f8bc31c5095c4dce6ebcb18512dff01ad7c40
>24 ether >> 24ETH
>https://deltabalances.github.io/index.html#0x5d0e2270771dd9fedcca59b2693519f6a7d26f8b
>100 ether >> 100ETH
>https://deltabalances.github.io/index.html#0x6ea4e176aea70d6012d25bab1491e4ef499060ae
>134 ether >> 134ETH

so, keep cool and wait... it's their right to sell ecosystem tokens.

bullish af on litties!

>> No.19070097

>>19069152
Yes. The Lition token is not a security and while connected to Lition Energy and has the same founders, they are technically different entities. Lition is a lot more than the energy business. The energy business will still have a major influence on the Lition token especially in the short term.

>>19069282
Yet again meaningless FUD.