/lg/ Lition General - JUDGEMENT DAY Edition

[Anonymous No.22928913]

Latest news:
>Today is the last day of Q3 aka JUDGEMENT day: A MAJOR announcement will be made TODAY on the status of the mainnet release
>Lition "Energy" wins Digital Top 50 Awardin the Best Consumer Business Model Innovation category.
https://dt50.org/winners-2020 https://twitter.com/Lition_Block/status/1311004684375732230
>Mainnet roll-out phase 3: We're pleased to report that we continue to see outstanding results with the TrustNode onboarding and testing process. An additional 10 community TrustNodes will be added during phase 3.
https://twitter.com/Lition_Block/status/1308918941448839176
>Lition "Energy" is a finalist for the Branding Energy Conference Charge Award 2020 as World's Best Green Brand in the category Green Energy.
https://twitter.com/lition_energy/status/1307243133948825602
>Mainnet roll-out phase 2: We're happy to report that the first phase of community TrustNode onboarding and testing has gone exceptionally well. 5 more trustnodes will be added.
https://twitter.com/Lition_Block/status/1306665251576983556

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

>How To Buy?
https://idex.market/eth/lit
https://app.uniswap.org/#/swap?outputCurrency=0x763fa6806e1acf68130d2d0f0df754c93cc546b2
https://www.hotbit.io/exchange?symbol=LIT_ETH

>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 Maker Energy Sidechain
http://bcenergymainnetc.lition.io:23003/dashboard

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

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

>Whitepaper
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)
*chad /lg/s
>>22905638
>>22877002
>>22853939 *
>>22830370
>>22802401
>>22791701
>>22778597

[Anonymous No.22928965]

gutenmorgen baker, today is the day

[Anonymous No.22929097]

Daily Reminder

[Anonymous No.22929143]

Today is the day, Richard.

[Anonymous No.22929191]

>>22928913
Heres to making it, and $1000 EOY

[Anonymous No.22929200]

No tg drama in this thread pls

[Anonymous No.22929205]

>>22929200
Okay Adam

[Anonymous No.22929294]

>>22928913
Ogod I can't wait for you insufferable faggots to finally stop shilling this piece of shit. Bring on judgement day and another delayed mainet

[Anonymous No.22929320]

>>22929294
We don't even shill it outside our threads

[Anonymous No.22929356]

reminder that nothing will happen

[Anonymous No.22929363]

>>22929191

[Anonymous No.22929376]

>>22929356
Based retard, you have not been paying attention

[Anonymous No.22929442]

>>22929356
Announcement is coming today

[Anonymous No.22929443]

>>22929294
>Comes to our generals uninvited
>Complains that we are shilling
You're pretending that we ever cared about you.

[Anonymous No.22929529]

I bought 60k at 15cents. 50k of that is in staking for 1 year.
If this fails I'll be JUSTED beyond belief.
At least I tried biz

[Anonymous No.22929569]

>>22929529
Why did you buy all at once retard

[Anonymous No.22929582]

>>22929529
Dude you had to get out to run a trust node, it was by far the best play. It will be OK in the long term though, don't worry.

[Anonymous No.22929597]

>>22929363
subtle yet based edit

[Anonymous No.22929604]

do you write shitcoin proxis

[Anonymous No.22929752]

>>22929604
What?

[Anonymous No.22929756]

>>22929569
I was afraid I would get priced out of a trusted node at that point.
The way they communicated their progress implied that mainnet could have been released at any moment, so I felt like I had to make the move.
>>22929582
I hope so fren, as long as the price won't tank to oblivion I'll still make it out thanks to the 30%APY on the 1 year staking lockup.
Still got that 10k stack to try to swing it at least and average down.

[Anonymous No.22929788]

>>22929756
everyone is going to sell their now locked tokens

[Anonymous No.22929798]

>>22929582

[Anonymous No.22929807]

>>22929756
Anon you will love yourself for this entire upcomming month for having bought.

[Anonymous No.22929826]

>>22929143
>>22929376
>>22929582
>>22929798
Can you paedophiles post somewhere else?

[Anonymous No.22929840]

>>22929756
So did you apply for the node in the end? In that case, well played, you tried. Many of us are here since forever and could buy at a much lower average price, but at some point it won't really matter, $0.15 is still cheap as fuck in perspective.
>>22929798
Kek

[Anonymous No.22929853]

>>22929826
They are all grown ass women my dude

[Anonymous No.22929897]

>>22929853
Sad but true, they are all legal.

[Anonymous No.22930075]

[Anonymous No.22930096]

Mark is awake and wasting his time changing group profile pics

[Anonymous No.22930159]

>>22930096
Huh?

[Anonymous No.22930206]

>>22930159
Nothing better to do with his time? I wonder if he knows he's being judged.

[Anonymous No.22930209]

Judgement days is upon us!!!!!!!!!!!!

[Anonymous No.22930376]

>>22930206
Bullish.

[Anonymous No.22930396]

>>22929826
im not actually attracted to her I just think her lack of butt is amusing. plus who's taking these pics?

[Anonymous No.22930538]

>>22930396

Her lack of any physical qualities is amusing. I'd still fuck her, because i'm sure when she cooms, she screeches.

[Anonymous No.22930567]

I'm going to cooooooom

[Anonymous No.22930599]

>>22929840
I filled out the application form in the first few hours it was actually available.
If they chose me and migrated my stake from the lockup so I can run a node I would be much more relaxed, but who knows..
Maybe in the end my locked up tokens will save me from selling too early.
Can't do anything about it now but buckle up and let it ride.

[Anonymous No.22930604]

>>22930567
They act sooo confident, there has to be something good coming.

[Anonymous No.22930688]

>>22930567
Are you ready?

[Anonymous No.22930714]

>>22930599
I had to unstake my tokens to run a node, cost me around 60$ bucks to get my tokens out and into the node contract.. fucking eth is ruining everything

[Anonymous No.22930769]

>>22930688
Where is the Can you feel it? anon

[Anonymous No.22930797]

>>22930604

Its Richard in a Lition-onesie.

[Anonymous No.22930811]

>>22930714
You should be making 40-45 extra litties per day with a basic 50k node..
If we have a successful mainnet launch
followed by some more good news then
$1 in my opinion is a pretty reasonable price target.
Put that into perspective.

[Anonymous No.22930895]

>>22930811
yeah i know, it’s also not their fault so i’m not worried

T. 400k lit in the trustnode

when lit get’s to 1$ and i get 300$ a day i would be more then happy

[Anonymous No.22931006]

>>22930895

I'd be more like, fappy.

[Anonymous No.22931048]

>>22930895
Aren't the profits in terms of $, not in terms of litties. So if the price of lit goes up the reward in lit goes down.

[Anonymous No.22931070]

>>22931048
True. Long term holders are profiting more from this.

[Anonymous No.22931337]

>>22930599
>Maybe in the end my locked up tokens will save me from selling too early
That's also true

[Anonymous No.22931344]

>>22931070
This, if you believe in lit long-term, stacking is quite profitable

[Anonymous No.22931355]

>>22931048
yeah true, but i guess that the ecosystem wil run like this

>>more tx's on all the chains
>>staking gains go up
>>price goes up cause people want more lit to stake

so it will be kinda the same, instead of the 300 lit a day i will still get 300$ but less lit, so i'm still fappy

[mikefromcrash No.22931399]

THE DAY HAS FINALLY COME

[Anonymous No.22931408]

>>22931399
Price prediction for tomorrow morning?

[Anonymous No.22931412]

>>22931344
>>22931355
>>22931399
checked

[Anonymous No.22931426]

>>22931408
1LIT = 1LIT

[Anonymous No.22931465]

>>22931408
1 lit = 1 night with Richard

[Anonymous No.22931467]

>>22931408
It's either zero or 1$

[Anonymous No.22931480]

>>22929897
Not true at all Louisa is like 22 lol

[Anonymous No.22931495]

>>22931480
22 is legal, idiot.

[Anonymous No.22931499]

>>22931480
Fucking retard lmao

[Anonymous No.22931518]

If singles we are not gonna make it

[Anonymous No.22931519]

Yea fuck me I misread it for illegal

>>22929798
btw is this really Greta? Wtf?

[Anonymous No.22931541]

>>22931467
What I don't understand is how any whale can possibly accumulate lit. The sell walls are paper thin.

[Anonymous No.22931615]

>>22931541
They can't, it's impossible without pumping the price.

[Anonymous No.22931664]

>>22931541
They do it in small single digit k packets that they buy

[Anonymous No.22931703]

>>22931664
Yes, but it takes a long time.

[Anonymous No.22931710]

>>22928913
Wait there are still people holding this shitcoin scam?
hahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahah
>breathes in
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

[Anonymous No.22931724]

>Hello, this is Richard Lohwasser, the CEO of Lition and Lition energy. Our team has been working hard for the last several months, and we are excited to finally announce the current status of the project. The Lego treehouse build has in fact been completed, and we are ready to move to phase 4, the Lego pirate ship.

[mikefromcrash No.22931726]

>13 hours left before end of q3

[Anonymous No.22931757]

>>22931724
Dunno about anyone else but this is more than I was expecting. To the moon guys

[Anonymous No.22931769]

>>22931710
Has your proxy subscription still not expired Mike?

[Anonymous No.22931926]

They really are going to wait till the last minute

[Anonymous No.22931942]

>>22931724
>Lego pirate ship
Sweet, we gonna moon so hard

[Anonymous No.22932056]

>>22931710
Your name says it all hiccup-daisy

[Anonymous No.22932104]

The time zone that is furthest behind is Baker Island Time (BIT; UTC-12), the time on Baker and Howland Islands.

[Anonymous No.22932154]

>>22930797

then we are 100% going to 1000$

[Anonymous No.22932318]

Well, litbros... It's over, isn't it?

[Anonymous No.22932346]

>>22932318
We will know by the end of the day

[Anonymous No.22932357]

>>22928913
hehe judgement day
LOKI will judge us one day

[Anonymous No.22932360]

8 pm UTC

[Anonymous No.22932361]

Announcement is at 10pm Berlin time
Heil Litler o/
(I still hate you Mark)

[Anonymous No.22932391]

>>22932361
>>22932360

[Anonymous No.22932597]

Is this the $1 waiting room?

[Anonymous No.22932621]

The day this shit drops to 0.05

[Anonymous No.22932623]

>>22932361
nice, I'm out with my friends eating AYCE chicken wings this evening. Mainnet announcement would be the cherry on top for the day

[Anonymous No.22932690]

>>22932360

That is 6am is ausfag land, night boys

[Anonymous No.22932713]

>>22932690
Found spenny the faggot

[Anonymous No.22932718]

>>22932690
Ausfag here, night anon

[Anonymous No.22932770]

>announcements

LIT is a pump and dump

[Anonymous No.22932798]

>>22932770
Except there is no pump

[Anonymous No.22932868]

>>22932713
You need to go back.

[mikefromcrash No.22932938]

>11 hours left before end of q3

[Anonymous No.22933027]

>>22932713

Can you shut up im trying to sleep

[Anonymous No.22933181]

[Anonymous No.22933239]

How likely is it that today's update will just be about the ten new nodes actual onboarding and nothing more?

[Anonymous No.22933244]

>>22931480
Based retard

[Anonymous No.22933287]

You can't spell bLITzkrieg without LIT.

[Anonymous No.22933308]

I can feel it boys
https://www.youtube.com/watch?v=csthmA8n4BI

its us btw, were getting rich

[Anonymous No.22933411]

>>22931465
Looks like I'm porking ol' richie till the year 4000

[Anonymous No.22933458]

Mark has literally announced the time of the announcement. You don't hype up a nothing announcement. So... if this isn't better news than any of us can possibly imagine then my disappointment will be immeasurable and my day will be ruined.

[mikefromcrash No.22933529]

>10 hours left before end of q3

[Anonymous No.22933604]

that's it folks. i'm all in LIT, within top 50 token holder.

you will either see me drive a porsche around college campus or i'll drop out of my current appartment as i would not be able to afford rent

[Anonymous No.22933639]

>>22933604
How much is needed to be in top 10, 50, 100?

[Anonymous No.22933704]

>>22933604
This is responsible investment

[Anonymous No.22933744]

>>22933604

You above 300k?

[Anonymous No.22933789]

>>22933639
If it doesn't exist already I'll write a script for the LIT token this evening/the next days which creates a list of all addresses and their LIT balance + Staked LIT and put it in a graph.
If there is more info that you think would be interesting tell me and I'll try to include it

[Anonymous No.22933803]

>>22933789

Please do, that would be ubercool

[Anonymous No.22933971]

>>22930604
This.
They act with chutzpah!

[Anonymous No.22933975]

>>22933789
Doesn't that exist already on the staking website?

[Anonymous No.22934106]

>>22933975
Where I? I want a descending list of token holders, including the coins that are staked

[Anonymous No.22934173]

My smug Pepes and red wojacks are locked and loaded. Based on how the team is acting this seriously MUST be mainnet.

[Anonymous No.22934188]

>>22933604
I like your style

[Anonymous No.22934191]

>>22934173
We're going to the thread limit and beyond. Brace yourselves.

[Anonymous No.22934221]

>>22934173
If it isn't I'm gonna contact a popular youtuber who hates the CDU and tell him that one member of the CDU uses his "Green Energy" Business as a cover up for his crypto scam.

[Anonymous No.22934228]

https://youtu.be/lDnva_3fcTc

Tunes while we wait

[Anonymous No.22934256]

please god show mercy on me a sinner

[Anonymous No.22934327]

>>22934228
Been a while since anyone posted the official litgen theme so here it is https://www.youtube.com/watch?v=XbQrGaTm02Y

[Anonymous No.22934422]

Hey Litcunts, you know what other dev team waited til the last hours of the last day of the last month of their deadline to release their product? Yeah look where they are now.

[Anonymous No.22934553]

>>22934191
We're going to break several things.

[Anonymous No.22934636]

>>22934422
Did the cto write their whitepaper?

[Anonymous No.22934657]

>>22934636
*Cto of sap

[Anonymous No.22934772]

>>22934553
What's that thing?

[mikefromcrash No.22934855]

>9 hours left before end of q3

[Anonymous No.22934917]

https://www.dena.de/newsroom/meldungen/dena-testet-blockchain-basierte-infrastruktur-fuer-die-identifizierung-von-anlagen-im-energiesystem/

So it's officially over for LIT

[Anonymous No.22935105]

>>22934917
Is this the announced announcement for today?

[Anonymous No.22935109]

>>22934917

Interesting that they publish that the same day we get an announcement.

[Anonymous No.22935125]

>>22934917
SAP is listed as a project partner, this is bullish.

[Anonymous No.22935291]

>>22935125
Doesn't this mean that SAP betrayed us?

[Anonymous No.22935296]

>>22934917
This would be so underwhelming I'd fuck Adam to death

[Anonymous No.22935342]

>>22935291

I think it could mean that we are about to take off uber hard

[Anonymous No.22935352]

>>22935291
I also think that this is the case

[Anonymous No.22935431]

Mein deutsch is nicht so gut, could some kraut tell me if in ze artikel they are talking about another blockchain solution than lition?

[Anonymous No.22936035]

>>22935291
>>22935431

21 partners collaborating in developing a blockchain solution, one of them is SAP. Sounds more like an IOTA competitor to me though.

[Anonymous No.22936083]

>>22935431
They don't talk about Lition in there and it isn't listed as a partner, but SAP is.

[Anonymous No.22936160]

>>22934917
ADAM!!!!!!!!!!!!!!

[Anonymous No.22936184]

>>22936083
>>22936035
So it could still be lition? If they don't mention they are using another blockchain solution.

[Anonymous No.22936221]

>>22936184
Or it means competition is coming.

[Anonymous No.22936240]

Or sap ditched lition because it took too long and is now trying it on their own

[Anonymous No.22936455]

I just upped my stack almost exactly 33% to 80K.This had better work.

[Anonymous No.22936663]

>>22934553
Omg fren wtf is that?!

[Anonymous No.22936719]

What do you think guys?
>Option 1: Immediate big pump after mainnet launch
>Option 2: Initial dump after mainnet launch (sell the news)
>Option 3: Slow price growth over the upcoming weeks after mainnet launch

Personally, Im going with option 3

[Anonymous No.22936721]

>>22936663

The 6 trips with 3 on each side. Lord have mercy on us all.

[Anonymous No.22936978]

>>22936719
I think it's going to be a combination of 1 and 3 as whales scramble to enter LIT. They're gonna need to dog it out to keep the price from pumping too much. LIT 3-4 dollars EOY if mainnet is launched today.

[Anonymous No.22937089]

>>>22936719

Don't you understand, what I'm trying to say?
And can't you feel the fears I'm feeling today?
If the mainnet is delayed, there's no running away,
There'll be no bag to save with lition to the grave,
Take a look around you, boy, it's bound to scare you, boy,

And you tell meeeeeh
oooover and oooover and oooover again my friend,

you don't believe we're on the eve of destruction.

[Anonymous No.22937150]

>>22934221
>he thinks he will get Rezo to shill against Lition

toppest of keks

[Anonymous No.22937359]

How much do you hold Litbros?

[Anonymous No.22937417]

Under 4 hours to go

[mikefromcrash No.22937432]

>7 hours left before end of q3

[Anonymous No.22937515]

>>22937359
My 50K staked has grown to 60K and I just bought another 20K and staked it short-term this morning because I think this may be it. I will burn something down if they don't come through.

[Anonymous No.22937531]

>>22937432
6 hours from Germany, Michael
So you're a UK fag. Interesting.

[Anonymous No.22937538]

>>22936719
Nr 2. Checkem'

[Anonymous No.22937562]

>>22937359
More.

[Anonymous No.22937639]

I don't know what I was expecting the announcement to be, but the fact that they're waiting until 10pm is big news makes me thing it's actually the launch of mainnet 2.0. Probably delusional but I don't know. Literally the fact that they have a very specific time to announce it is bullish. It's clearly an important announcement. I also don't believe they would in any way leave it to the very last minute to announce a delay. I know we memed about it but that's highly unlikely. Mark did consistently say that "we are on track". Maybe he wasn't lying.

[Anonymous No.22937714]

>>22937531
He's a literal pajeet. We've all known that for quite a while, probably mike: https://twitter.com/search?q=lition%20(from%3Akpprabhu7)&src=typed_query

BTW: Mark said in TG that an announcement will be made at 22:00 CET.

[Anonymous No.22937792]

>>22937714
Yeah Michael is trying to count the hours til midnight. He can't read so he doesn't know the announcement is actually at 10pm Berlin time.

[Anonymous No.22937821]

>>22937639
This is my reasoning as well. Admins are also being smug as fuck in the telegram. I sure as shit wouldn't be acting like this unless I had some seriously big news. I think some other smart anons figured this out and that explains the mini pump we just had.

[Anonymous No.22937880]

>>22937639
I hope so Gojjyboy

[Anonymous No.22938049]

>>22936719
8:00 PM (UTC). Guess I’m waiting for the moon tonight.

[Anonymous No.22938275]

Doubled my stack hoping to recoup my shitty fucking losses recently, but would need a 3x for that to happen. anons pray

[Anonymous No.22938331]

>>22936719
>>22936978

2-3 dump cause of lack of big anouncement, then steady growth cause mainnet is running smooth as fuck and some partners are added or sidechains.

also 3-4$ is not happening this year
maybe next year, but i'm seeing 0,5 cent- 1$ this year

[Anonymous No.22938557]

>>22938331
I'm a newfag, how do you stake? Is it like adding LP where it's staked with equal part eth?

[Anonymous No.22938625]

>>22938557

bro i don't mind newfags.. but if you would have read the first post, you would have seen it there right and clear

>https://medium.com/lition-blog/getting-started-with-lition-pool-staking-how-to-deposit-733ff18cb8f3

there's also a telegram for people who want to stake

[Anonymous No.22938664]

>>22938625
Haha shit I got into skimming the post as I've just got off work, cheers

[Anonymous No.22938674]

>>22937880
Find it amusing how easily recognisable I am.

[mikefromcrash No.22938756]

>6 hours left before end of q3

[Anonymous No.22938777]

>>22938756
It's 5 actually Michael, and 3 until the announcement.

[Anonymous No.22938789]

>>22938756
Can't wait for your salty response so you can accumulate more

[Anonymous No.22938828]

>>22937359
120k

>>22938756
>3 hours left before the announcement of a lifetime

[Anonymous No.22938929]

>>22938331
My statement about 3-4 is if mainnet launches today, and only if that. Could be an overshot but I would expect it to reach single digits upon the announcement of mainnet. There's a lot of shit going on behind the curtain that mainnet will reveal and none of it is priced in.

[Anonymous No.22938997]

>>22938756
It's 5 actually Michael, and 3 until the announcement.

[Anonymous No.22939003]

TICK TOCK, MOTHERFUCKERS! 2 HOURS AND 45 MINUTES LEFT!

[Anonymous No.22939033]

>>22939003
CAN'T WAIT FOR THE NOTHINGBURGER WHICH WILL BASICALLY BE
>"WE ARE ON TRACK"
AGAIN

WOWZERS!!!!

[Anonymous No.22939055]

>>22937359
I just bought another 10K. I'm in full FOMO. Up to 90K now...

[Anonymous No.22939075]

>>22939033
I AM NOT SELLING YOU QUADRUPLE NIGGER

[Anonymous No.22939115]

>>22939003
AAAAAAAAAAAAAAAAAAAAAAAA
I havn't been this hyped by a shitcoin in ages, cant wait to be disappointed.
But remember stacked bros, we are all in this together and I cant wait to have a sad beer with you all at the next Oktoberfest

[Anonymous No.22939128]

>>22939075
Iron hands fellow Litlett

[Anonymous No.22939129]

>>22939055
im selling 1 million LIT 5 seconds before the announcement good luck

[Anonymous No.22939267]

>>22939129
I'm selling 60 million Lition immediately after the announcement.

t. Richard.

[Anonymous No.22939280]

>>22939129
Thanks, but this >>22939075

[Anonymous No.22939334]

>>22939055
Based 20% price pump
$1 by midnight frens

[mikefromcrash No.22939409]

i must admit that shition has the best holders in all of the crypto sphere
strong hands will make it in crypto even with scams like shition and richtard dumping on them every single day

also
>2.5hours until we see "Richtard betrayed us again"

[Anonymous No.22939472]

>>22939409
Based. Even Mike admits we will make it.

[Anonymous No.22939481]

>>22939409
You're pumping the price Michael with your last minute FOMOing

[Anonymous No.22939937]

>>22938929
well we're literaly running 20 nodes now, so i expect that this is mainnet...

i'm running one of the nodes.. and still don't expect 4$

maybe that's because i'm holding 400k, i just don't see a 50 x happening

[Anonymous No.22939973]

>>22939937
What do you reckon end of next year's price is at?

[Anonymous No.22940037]

>>22937359
10k, just downloaded metamask finally to start staking. Gonna have to use some ETH to get it all there and in (just going to start with 5k) but glad i stuck it out since July!

[Anonymous No.22940158]

>>22930769
2 more hours anon.
Can you feel it?

[Anonymous No.22940324]

FUCK THIS WAIT; IM HITTING THE GYM!.

P.E.A.C.E

[Anonymous No.22940342]

>>22940158
I can feel it calling in the air tonight. Oh Lord Richard.
>>22939937
You are a top LITION holder so if anyone should expect to get rich this year, it's you.

[Anonymous No.22940371]

https://youtu.be/eLeIJtLebZk

Relax guys were gonna make it

[Anonymous No.22940410]

based rug pool incoming

[Anonymous No.22940413]

>>22939937
mcap_lit = $7,257,571, LIT = $0.11867

mcap_sushi = $129,078,467 (absolute shitcoin)

P_lit = (mcap_sushi/mcap_lit)xLIT
P_lit = $2.11

This is a conservative estimate imo. SUSHI hit a mcap of $287,875,548, which is more than half of what it is now. Runaway hype could easily occur if the crypto space gets word of the fact that this gem has been flying under their radar. All LIT needs to do is prove itself today.

I know the market is irrational, but that's why we get to be so early.

[Anonymous No.22940479]

>>22939973
I Hope 1$ maybe 2

[Anonymous No.22940482]

>>22940413
it's not got the defi hype tho. what it needs is cash flow for stakers, then it will really moon

[Anonymous No.22940551]

what time is it in germany?
is their today tommorow or yesterday?

[Anonymous No.22940594]

>>22940551
yesterday 7pm

[Anonymous No.22940623]

>>22940594
9pm i mean

[Anonymous No.22940669]

>>22940413
yeah it has so much potential, i know but people don’t get what it does.. unlike sushi where People also didn’t get it but thought they were going to get rich quick

I’ve got an honest calculation from an anon who posted here. Will repost in a Bit

[Anonymous No.22940769]

>>22940669
please post anon

[mikefromcrash No.22940884]

>>22939481
>last minute FOMOing
lmao

[Anonymous No.22940956]

1.
Valuation post:

In my opinion a crypto can be valued viewed from three different angles:
Profit valuation (e.g. IDEX profit distribution token)
Payment system valuation (e.g. bitcoin, the US dollar)
Dependency valuation (e.g. Ethereum and it's ecosystem)

To make a valuation it is important that you insert probability in your valuation, i.e. not:
The price of X will go to price A.
But rather:
There's a probability W that X will go to price A and
There's a probability V that X will go to price B and
There's a probability U that X will go to price C.
To have a view on the risk reward profile.

Lition is in the peculiar situation that it can derive value from all three angles profit, payment and dependency.
The profit stems from up to 0.01 USD/tx going to the stakers
The payment stems from actual value being transacted on the network (for the energy usecase approx 1000 euro per household.
The dependency of the company Lition Energie AG (which is a different entity than the company that makes the blockchain) is dependent on that blockchain and has an interest that there are not enough tokens to be bought at low prices so that a 51% attack could take place.

[Anonymous No.22940966]

hey anons I'm not seeing it on bittrex? what cypto broker are you using?

Am I gonna miss the pump?

[Anonymous No.22940994]

>>22940956
2.

Now I'm going to adress them each individually and assume that the other two dont provide value or that it providing value has some 2nd order effect on the metric that I'm assessing.

Let's start with the profit valuation.
For the Lition energy usecase, the profit calculation goes as follows:
Profit = households X transactions per household X fees per transaction
Lition energy currently has around 20k households (estimate) and is on track to reach 250k households in 2 years.
Let's make our valuation for 2 years into the future and say that there's 20% chance of 100k households or lower, 50% chance of 250k households and 30% of 500k households.
In the worst case scenario, one household only makes 1 tx per day, in the best case scenario one household makes 96 txs per day. With possibilities of clustering most likely
Let's say the probabilities here are 20% 1 tx/day, 70% 4 txs/day and 10% 96 txs/day
The transaction costs will be limited to 0.01 usd/tx. It is for me unclear what the mechanism will be to have these transaction costs this high. It is my fear that they may wind up being as low as litecoin, bitcoin cash, bitcoin SV or dogecoin transaction costs where the median currently is 0.001, 0.001, 0.0001 and 0.003 USD respectively.
I dont think this is very likely and expect fees to be close to 0.01 USD, let's say 0.009 (90%) but am willing to account for a low probability scenario of 0.001 USD (10%)


So what do we get then?
Well the lowest valuation would be 100k households, 1 txs per household at 0.001 usd/txs which gives us a profit of 100 USD/day and a likelyhood of this occuring of 0.2*0.2*0.1 = 0.4%
The highest valuation would be 500k households, 96 txs per household at 0.009 usd/txs which gives us a profit of 432000 USD/day and a likelyhood of 0.3*0.1*0.9 or 2.7%

[Anonymous No.22941037]

>>22940966
It already pumped, buy the rumor sell the news. The moment the news arrive this shit is going back to 10c.

[Anonymous No.22941052]

>>22940966
https://uniswap.info/pair/0x98c9275898621d65b2a84bcda2266098060d1cd4

[Anonymous No.22941062]

>>22941037
man where do you guys find these shitcoins before they pump

[Anonymous No.22941096]

>>22941037
>>22941062
I am 100% sure that good news isn't priced in. However, it still is a pretty big gamble.

[Anonymous No.22941103]

We are almost all inside. Let's fucking go.

[Anonymous No.22941124]

IT'S HERE!!!

THE TIME OF FUD IS OVER LET'S GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

[Anonymous No.22941129]

NEWS IS EARLY MAINNET IS OUT AAAAAAAAAAAA YESSSSSSSSSS WE ARE ALL GOING TO MAKE IT

[Anonymous No.22941134]

https://medium.com/@Lition_Block/a-new-dawn-the-lition-mainnet-has-arrived-b69209c87220
Let's goooo

[Anonymous No.22941140]

>>22941062
>>22941096

It's not a shitcoin, I actually believe in the long run of this project. The market cap it's extremely small for something backed up by companies like SAP (one of the biggest European software companies).

But right now just don't expect a moon, if you want to hop in you should buy after the news, not right now.

[Anonymous No.22941142]

A New Dawn: The Lition Mainnet Has Arrived

We are proud to announce that today we officially launched our sidechain protocol and the Lition Energy Mainnet is live – showcasing our first business use case!

We are also very happy to share that the IBFT consensus issue outlined in our previous developer update has been resolved.

This launch marks a significant milestone in our mission to empower enterprises around the world with legally compliant enterprise-ready blockchain solutions.

Learn more: https://medium.com/@Lition_Block/a-new-dawn-the-lition-mainnet-has-arrived-b69209c87220

[mikefromcrash No.22941152]

>mainnet arrived
what the shit Richtard the idiot did it and released mainnet at the end of q3
we all gonna make it frens except for adam, renew and smilex , especially smilex that piece of shit toxic waste shiller

[Anonymous No.22941161]

i am cooooming

[Anonymous No.22941166]

MAINNET BOYS LETS GOOOOOOO HEIL LITLER o/

[Anonymous No.22941173]

CONGRAZ TO ALL THE LITBROS

MIKE WHERE ARE YOU YOU SON OF A BITCH? TIME TO REVEAL THE SIZE OF YOUR STACK

[Anonymous No.22941176]

A New Dawn.

[Anonymous No.22941181]

WTFWT??????
>>22941152
Based I love you Micky
Adam you're still a cunt and we still hate you

[Anonymous No.22941191]

''This will be followed by many exciting announcements about business development, partnerships, use-cases, and much more.''

[Anonymous No.22941198]

SAP partnership isn't over

[Anonymous No.22941212]

>>22941152
AAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

[Anonymous No.22941242]

HOW DID THEY DO IT WITH ONLY 2 DEVS?!?!?!

[Anonymous No.22941247]

>>22941152
I have waited months for this day. Mike, I can't even say if I hate or love you. The FUD you produced has strengthened my hands like nothing else.

[Anonymous No.22941250]

>>22941198
I'm cooooooooooooming

[Anonymous No.22941258]

[Anonymous No.22941268]

ftp BTFO

[Anonymous No.22941287]

mainnet is live.

[Anonymous No.22941312]

>>22940994
3.

The likeliest valuation would be 250k households 4 txs/day and 0.009 usd/txs which gives a profit of 9000 USD/day and a likelyhood of 0.5*0.7*0.9 or 31.5%
We can do this with all cases (there are 18 of them) and get a weighted average of 30479 USD/day in profit.

We can also add some expectations as to what will the valuation be based on a Price-to-Earnings ratio and the amount of tokens that will be staked.
The price to Earnings for the IDEX token is currently around 60 on a yearly basis. So I'm going with maybe a P/E of 20 (30%), P/E of 60 (30%) and a P/E of 200 (40%) (latter crypto mania, it think it will happen).
The tokens staked could be a lot less if new usecases pop up or more due to token supply increasing. So I'm going with 15 million (30%), 30 million (40%) and 50 million (30%).

From this we have a total of 162 cases and we see that from the profit angle alone, the chance to be valued at 20 cents or higher is 98.5%, 1 usd or higher, 88%, 10 usd or higher 46% and 100 usd or higher 7% and that the probability weighted average comes in at 45 USD.

[Anonymous No.22941325]

We aren't pumping, you guys know what this means right? It means that literally nobody knows and we get even more time to accumulate. Option 3 is the correct one.

[Anonymous No.22941332]

ftp AKA "ATLEAST TWO MORE MONTH UNTIL MAINNET" BTFO

[Anonymous No.22941404]

>>22941325
Just jumped to 14c on UNISWAP

[Anonymous No.22941425]

>>22941325
check uniswap

[Anonymous No.22941427]

>>22941325
nevermind

[Anonymous No.22941479]

>>22941325
It won't pump until they make the other announcements next month.

[Anonymous No.22941508]

Congratulations everyone.I was wrong. Well done.

[Anonymous No.22941579]

>>22941312
4.

Now from the payment system valuation I am inclined to compare it with either bitcoin as a payment system or the USD as a payment system. The USD is the basis of the US economy where you have transactions per year that total about 20.5 trilion USD, meanwhile the M2 money stock stands at 18.4 trillion USD. Almost a 1-to-1 ratio. On the bitcoin network however the total amount of transactions made per day average 11.5 Billion dollar. On a yearly basis that is 4.2 trillion dollars in transactions, almost 20 times the market cap of Bitcoin. This metric is thus called the velocity of money. 1.1 for the M2 stock of the US (historical average 1.6) (see: https://fred.stlouisfed.org/series/M2V#)) and 19.5 for Bitcoin (historical average about 40) (see: https://charts.bitcoin.com/btc/chart/velocity#5ma4).). Now because most of bitcoin transactions is just sending it to and from exchanges etc without really transacting it for a service or product it is my conviction that the payments made on the lition network which will be on a yearly basis about 1000 euro per household is more akin to the pattern of the US dollar than that of bitcoin when it comes to a relationship between valuations and transactions. Thus if they get to 100k customers, they'll have 100 million being transacted for energie in a given year and that should thus roughly be the mcap valuation given to lition as a payment system. So $1 per 100k customers. Perhaps a little bit less, but I'd be surprised if these transactions were deemed as valueable as ordinary bitcoin transactions where people just shuffle coins between their wallets. At 500k customers you could see a valuation of $5 only from the payment system angle.

[Anonymous No.22941627]

>Begin customizing, and then launch, an additional sidechain for an upcoming partnership with a new use case early in Q4.

[Anonymous No.22941641]

[Anonymous No.22941644]

>>22941579
5.

From the dependency angle we are a bit in uncharted territory. Looking to European utilities they are usually priced in between 0.4-2 times the revenue. I would expect a high growth young company to be valued at least at the upper range of the spectrum and probably quite a bit higher. So Lition Energie could have a revenue between 100 and 500 million and thus be valued around 1 billion euros in 2 years from now. What should a blockchain be worth if the existence of a 1 billion euro company relies on it? It's a difficult question but the answer will probably be somewhere north of 100 million adding another couple dollars to our valuation.
Even in the worst case with just 100k customers and just a 100 million dollar valuation of the company, The blockchain should still derive a value from it in the tens of milions. Making it impossible for the tokens to have a lower value than today.

Adding everything together I estimate the probability of this becoming a 10 bagger in the next 2 years to be as high as 95% and for it to become a 100 bagger to be over 50%. Beyond 15$ the valuation becomes mostly dependent on the profit angle since the payment angle and dependency angle pretty much max out at $5 and 10$ respectively in the best case scenarios. I would pretty much aim for about $25 in 2 years and that doesnt have to be the end of it at all. Such a valuation also falls perfectly in line with the trend that we're in since the beginning of the year.

[Anonymous No.22941700]

>The Lition Energy Mainnet is now live

[Anonymous No.22941771]

>mainnet launches just in time for the L2 hype
Were all going to make it frens, holding these last few months has been tough
>22941152
On this special day, I wont tell you to go fuck yourself, and I also think its time to switch back to your old name. Faggot

[Anonymous No.22941775]

>>22941627
Could this be... sap?

[Anonymous No.22941813]

>>22941152
>>22941771
This was meant for you Mike

[Anonymous No.22941843]

I just FOMOd and increased my stack. I couldn't sleep this morning and something within me told me to buy at 0.098. I ignored it. Good thing I wasn't too late, cause it hasn't pumped on IDEX yet.

[Anonymous No.22941847]

>>22933604
it's gonna be a porsche bois

[mikefromcrash No.22941899]

>>22941173
>>22941166
>>22941181
>>22941191
>>22941198
>>22941212
>>22941242
>>22941247
>>22941508

hahahahahaha WE ALL GONNA MAKE IT IF RICHTARD DON'T START DUMPING THE REMEAINING 2 MILLIONS SHITION UNDER HIS POCKET


AT LAST NOW I FEEL COMFY AFTER MONTHS WAITING FOR THIS GLORIOUS MOMENT (EVEN IF I SOLD HALF OF MY STACKS JUST TO SECURE SOME PROFITS FROM DAY TRADING AND ARBITRAGING )

RICHTARD THANK YOUUUUUUUUUUUU FOR MAKING THIS SHIT HAPPEN, IM GONNA MAKE IT FRENS WE ALL GONNA MAKE IT

LITTY STAY SHITTY 30C END OF OCTOBER
1£ END OF YEAR

[mikefrommoon No.22941925]

>mikefrommoon
BULLISH AGAIN

[Anonymous No.22942025]

>>22941899
We don't want you anymore, fuckface

[Anonymous No.22942062]

[Anonymous No.22942161]

Mainnet dashboard looking good bros

[Anonymous No.22942212]

Top 50 wallet here

will we get a proper moon at some point? not these baby moons, a proper fucking moon to top 100

[Anonymous No.22942217]

>>22941899
I'm actually so happy right now that I literally don't care that you don't deserve this after all that absolute bullshit you've been spilling for months.

Post art to hang in our gallery LIT frens, the day is here!

[Anonymous No.22942241]

A message from the Führer
>On behalf of the entire Lition team, I want to extend my gratitude to everyone who has helped us achieve this important milestone in enterprise blockchain. As our mainnet launches and begins to take shape, we realize we have something truly special here. We are very grateful to our community, employees, partners, and TrustNode operators. Thank you for sticking with us, and we look forward to sharing this next chapter with you.
– Lition Founder and CEO Dr. Richard Lohwasser

[Anonymous No.22942246]

>>22942212
No we won't get a "moon", we will slowly get there when people start finding out.

[Anonymous No.22942290]

>>22942217
Here's a meme in honour of Mike before I've gotta go for a bit. Take good care of it. I'll be away for an hour.

[Anonymous No.22942298]

wait they actually announced it?

[Anonymous No.22942328]

>>22942290
>>22942217
Sorry I accidentally didn't add the image.

[Anonymous No.22942331]

>>22942217
This one always cracks me up

[Anonymous No.22942441]

>>22942246
dont give me that cringe bagholder talk, muh adoption, muh slow rise. Nobody is ever gonna use any shitcoin. LIT will pump because it will have its moment, soon I hope

[Anonymous No.22942473]

Congrats litbros, we officially made it tonight.

[Anonymous No.22942508]

>>22942441
Holy shit stop showing off how ignorant you are.

[Anonymous No.22942566]

Cheers guys! I'm gonna crack open a Weizen for you. I'm very happy that the mad man Richard delivered. I think it's good that they act like an actual company and don't hype up stuff more than needed. Although I agree that there could have been more communication.
I wish I could run a node but 50k of my 80k are staked at the moment...

[Anonymous No.22942624]

>>22942566

They still allow you to stop your stake early, in case you are chosen to run a trustnode

[Anonymous No.22942626]

>>22942441
The thing with lition is that it will be one of the only projects that is actually going to be used in the real world. That is, if they do it correctly.

[Anonymous No.22942671]

Think I might sell for now, a 40% pump is pretty unsustainable, but I'll be back Litchads. Thanks Richard!

[Anonymous No.22942684]

>>22942626
Which is exactly why I made it my first alt coin to start my transition away from coinbase. I at least knew enough to read on projects and don't buy anything named after something you find in a buffet.

[Anonymous No.22942686]

>>22942671
ngmi

[Anonymous No.22942706]

>> 22942566

I don’t think those are trust nodes. The form says you need 1k LIT

[Anonymous No.22942725]

>Expect surprises from our CEO!
Is Richard going to show us his new lego collection?

[Anonymous No.22942786]

>>22942624
>we will increase the decentralization and security of our network by adding over 100 nodes
Ok, maybe I'm lucky and one of those 100 nodes.

They also said the announcement would be 22pm but it was 8:39. Do you think there will be another announcement in 20 minutes?

[Anonymous No.22942810]

>>22942706
>>22942566

>you need a minimum of 1k LIT

[Anonymous No.22942817]

>>22942786
Kek if it's true

[Anonymous No.22942833]

Mike you fudding fag, how big is your stack?

[Anonymous No.22942861]

>>22942810
Wait what? Trust node != node?

[Anonymous No.22942938]

You all laughed at me

[Anonymous No.22942969]

>>22942671
You made me buy a bag out of spite anon

[Anonymous No.22942981]

>>22942938
Based it's been a while

[Anonymous No.22943013]

>>22942786
>Do you think there will be another announcement in 20 minutes?
No this was the announcement.

[Anonymous No.22943060]

>>22942817
$1 EO2050

[Anonymous No.22943157]

>>22943060
kek

[Anonymous No.22943225]

>>22942861
No Node != TrustNode
You need at least 50k LIT for a TrustNode & get 2x the rewards of a normal node
During the 1st main net there was no cap on the number of TrustNodes but not sure about this time

[Anonymous No.22943319]

>>22943225
Oh ok

[Anonymous No.22943512]

>>22942025
now now come on
someone had to bump the threads
even if it is a retard like mike

[Anonymous No.22943716]

>>22928913
I hope you are buying now, it will never be this low ever again

Screencap this retards!

[Anonymous No.22943800]

>>22942161
could you post a link?

[Anonymous No.22943876]

>>22942725
He's gonna whip out his take mid-livestream during the AMA like the guy from Kony 2012.

[Anonymous No.22943894]

>>22943800
http://bcenergymainnet.lition.io/dashboard

[Anonymous No.22943927]

>>22943894
thanks fren

[Anonymous No.22943949]

We're going to make it.

[Anonymous No.22943985]

Guys, if you have anything lying around, get in at these prices. It will go FAST when it starts moving. Remember, we are still at a sub 10 mill cap with 20% of the supply staked. Who is gonna sell to the newfags?

Us?

No. We sit on a HUGE amount of the supply.

We have held through these last couple of months. The market will the drained FAST.

[Anonymous No.22944024]

>>22943985
Yes but right now the volume is still low, you can easily buy at 10c instead of 13c.
Sure in the long run we'll make so much profit it won't matter much, but I'm the guy who likes to optimize shit, and yes this sometimes bites me back.

[Anonymous No.22944083]

>>22941124
>>22941129
>>22941134
>>22941142
Holy shit guys!
Do you even understand how unfathomably wealthy we will become?
DO YOU????

ALSO FUCK MIKE AND FUCK INDIA

[Anonymous No.22944124]

>>22928913
LIT LOST THE GERMANY DEAL HHAHA

[Anonymous No.22944141]

Just about to 50k. 49400 rn all staked. I'll get theres soon enough without having to buy any more.

[Anonymous No.22944146]

>>22944124
Is this the new fud now?

[Anonymous No.22944249]

>>22944124

Please, kys. Why do you think they announced THAT and the main-net today. Retard.

[Anonymous No.22944268]

Guys do we warn the rest of /biz/ now or do we let the momo at twice the price?

[Anonymous No.22944370]

>>22943985
100 node operators x 50000 LIT to run the node (a lot of them have a lot more LIT) = 5 million...thats 5 percent of the total supply (once all burns went through). And that is literally just the beginning...

[Anonymous No.22944389]

>>22944268
/biz/ already knows about it, thats enough.

[Anonymous No.22944597]

>>22944370

Quite a few in here have stacks of 500k ++. I'd wager we own a minimum of 15 million. Possibly more.

[Anonymous No.22944746]

>>22944597
My guess way more anon. My frens and I over a quarter mill litties. 30mill wouldn’t surprise me.

[Anonymous No.22944760]

I have 50k, am I gonna make it bros?

[Anonymous No.22944823]

>>22944760
Yessss

[Anonymous No.22944854]

200k lit chad checking in

[mikefrommoon No.22945022]

>>22942328
>>22942833
>>22943512
>>22943949
>>22944083

lmao this is a really good meme you made me shuckle
my bags are already filled with shition for months but i chickened last 2 weeks and sold half of my stacks but oh well at least we're mooning now

no hard feeling frens we all gonna make it, the fud was necessary to make richard stop selling every single day and thinking we wouldn't notice such obvious dumpening and to make sure no weak hands will buy low from richard dumping

everything gone too well to the point of perfections, now the next 3 months we will see the true shition bullrun because there is no early investors unlock until 01/01/2021 and the team only has 2-4 millions shition left to dump in the span of 100 days so it can't hurt the price that much


1 united state dollarinoooo end of year
repeat after me
1 united state dollarinoooo end of year
1 united state dollarinoooo end of year
1 united state dollarinoooo end of year
1 united state dollarinoooo end of year

[Anonymous No.22945057]

>>22945022
Next team unlock is at April 2021 you fucking faggot.

[Anonymous No.22945076]

10k LITbag here, paltry but every bit as bullish as I've always been. Just hard starting out in alts this year, but I'm glad I did my homework and chose wisely to start with!

[Anonymous No.22945078]

>>22945022

You sold 2000?

[Anonymous No.22945107]

>>22945076

Once upon a time I also had "a paltry bag of only 10,000 LINK". :)

[Anonymous No.22945163]

>>22942969
Me too. I owe him one.

[Anonymous No.22945171]

Mike in disbelief

[Anonymous No.22945240]

>>22945107
>=10K LINK
Based anon gets it.

[Anonymous No.22945369]

>>22944854
You’re really handsome anon

[Anonymous No.22945380]

>>22945022
1 united state dollarinoooo end of year
1 united state dollarinoooo end of year
1 united state dollarinoooo end of year
1 united state dollarinoooo end of year

[Anonymous No.22945521]

>>22945107
>>22945240
I'm still going to keep on at it until at least .50 or so. I'm a metals guy so the daily watching charts and hoping shit doesn't vaporize isn't my thing. I'd rather be comfy holding something I know is going to stand the test of time.

[Anonymous No.22945541]

>>22945521
Whatever floats your boat, boomer

[Anonymous No.22945754]

NEW GENERAL!!!
>>22945737
>>22945737
>>22945737
>>22945737
>>22945737
NEW GENERAL!!!

[Anonymous No.22946029]

>>22945754
Good work anon