/LITGEN/ Lition General #147: Fried Green TOMOtoes Edition

[Anonymous No.23632165]

>AMA of Tomochain's Lition acquisition
https://www.youtube.com/watch?v=_MKM-0Zgq6E
>New Central Banking usecase
https://lition.io/index (bottom of page)
>Tomochain acquires Lition Technology AG.
https://medium.com/@Lition_Block/tomochain-acquires-litions-enterprise-blockchain-unit-5f0b94a1cc6d
>Lition will hold joint AMA with Tomochain on Oct 30 at 3PM UTC
https://twitter.com/Lition_Block/status/1320040090593333261
>Lition AMA. Highlights here: >>23470981 #
https://youtu.be/YdIg4y6TRUg

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

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

>How To Buy:
https://dex.tomochain.com/trade/LIT-USDT
https://idex.market/eth/lit
https://app.uniswap.org/#/swap?outputCurrency=0x763fa6806e1acf68130d2d0f0df754c93cc546b2

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

>Lition Energy Mainnet Dashboard:
http://bcenergymainnet.lition.io/dashboard

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

>Whitepaper:
https://www.lition.io/docs/Lition_Whitepaper.pdf

>Price:
https://www.coingecko.com/en/coins/lition

>Previous threads (newest to oldest):
* virgin /lg/s
#146 >>23623689
#145 >>23617819
#144 >>23603728
#143 >>23595897
#142 >>23591396
#141 >>23579666
#140 >>23574377

[Anonymous No.23632228]

>>23632165

As cringe as ftp is, i do agree that the blockchain delivery side of LIT was definitely a weak point, much better to have some full time devs working on it and have Richard focus on the energy side. I think that the tomo takeover was agreed ages ago but was dependent on having a functional main net to hand over

[Anonymous No.23632289]

Reminder that Richard is Giga autistic and didn't even expect the price to drop cause it's all good news for him. He didn't account for all the bag holders that are literally racists.

[Anonymous No.23632299]

50k staked. Bullish long term hold.

[Anonymous No.23632305]

>>23632289
It's good for the bag holders if they had literally just held and allowed Tomochain to work their magic.

[Anonymous No.23632317]

>>23632289
Yeah the racism here it turns out isn't larp. Sad to see so many people care who makes them rich.

[Anonymous No.23632323]

Anyone else wants to come clubbing with big long dong after we made it?

[Anonymous No.23632326]

Great to be here guys. Take a seat, get comfy! We have the best use real world use case in all of crypto With actual transactions paying stakers... and now we have some slantys who want to get us some major usecases in the defi world too... we are gonna be pumping and dumping in the range of 7 to 18 cent for awhile so just enjoy it and earn those rewards ... FUCK FUDDERS FUCK NORMIES AND FUCK REDDIT

[Anonymous No.23632348]

>>23632323
Ah fuck, here is the original.

[Anonymous No.23632354]

>>23632228
This gives Richard's full attention back to the business running side of Lition as a company and not having to worry about a project that was starting to grow beyond what he's capable of (or qualified for) handling. Tomo and Lition are now attached at the hip essentially, so Lition's success depends on Tomo, and vice versa. It's not LIT holders along for the ride, it's now TOMO holders as well. Literally two different communities are now going to have to work together for the greater good of each other.

[Anonymous No.23632355]

>>23632289
All positive flags this project had, turned 180% red. nothing can save it anymore. Now it's just another failed project that will slowly bleed into non-existence.

We knew already with 3 times failed mainnet launch, but the finally released one, gave the bagholders some hope. I feel sorry for them..

[Anonymous No.23632407]

>>23632355
Any day now. Don't forget that you claimed it will drop to 0.00 a few hours ago.

[Anonymous No.23632431]

>>23632354

[Anonymous No.23632432]

stakers cope thread
told u guys.

[Anonymous No.23632476]

>>23632432
Literally the only argument you FUD fags have is that it's now owned by Tomochain. Literally everything else stays the same. Richard focuses on Energie to generate more TXs. More use cases coming just like they were always going to come. You people are literally bat shit insane if you can't see how much better Lition is today lmao.

[Anonymous No.23632488]

For the first time in months, this general won't survive the night. Sad times frens.

[Anonymous No.23632493]

Dr. Lohwasser addressed the stark criticism from the SHITION group and their leader Mike, recently supported by the rogue genius developer ftp
>"All the people that were rooting on me to fail, at the end of the day, they have to wake up tomorrow and have the same life that they had before they woke up today. They have the same personal problems they had today. I’m going to continue to live the way I want to live and continue to do the things that I want to do with me and my family and be happy with that. They can get a few days or a few months or whatever the case may be on being happy about not only myself, but Lition not accomplishing their goal. But they have to get back to the real world at some point."

[Anonymous No.23632500]

the cope is hilarious

[Anonymous No.23632507]

>>23632432
Not really mate, I'm actually a lot more bullish than before. Liquidity is low so price movements is not something I'm upset about atm. We will stabilize at the end of the month anyways.

Tomochain are actually quite well established in Vietnam. Unironically the governments there are more daring in trying out new tech to show of for the rest of the world. Lets say that Tomochain becomes a national tech symbol (likely) and probably what they want. Take a look at Dubai and the "smart city blockchain motives", now imagine the same thing but in a third world tourist country that just lost its main income. Its time to get bullish.

Take a look at this infograph "what ever" on their new site. This covers all areas where "smart tech" could come in handy with Litions sidechain. I am sure that we will start to shit out new use cases before new year. It will be a lot easier to market the service here than in Germany, for many different reasons. This is actually the most perfect time to introduce money saving solutions in third world countries in Asia.

[Anonymous No.23632515]

>>23632348
BASED BIG DONG LONG DONG

[Anonymous No.23632524]

>>23632355
Yeah lit is the same as it always has been but now it has a lot better chance of new use cases going forward. It ready has two. Long term it will gain many more. I considered getting a bag of tomo now too but it looks like they will be using lit for any new side chains so I'm just going to keep accumulating lit. I wish I had free money when it dipped today

[Anonymous No.23632531]

>>23632299
Holy Elephant turd. Is that a pumpkin?

[Anonymous No.23632547]

>>23632348
More party pictures I dug up. Big long dong is a legend in the nightclubs unironically.

[Anonymous No.23632552]

Well volume is dead, seems like we'll be crabbing here for a while.

[Anonymous No.23632557]

>>23632524
I bought over 100,000 today fren

[Anonymous No.23632566]

>>23632476
>>23632507
well i wish u 1$ eoy i am old LIT soldier sold all at 17c maybe in month or 2 i will have to cope
good luck bois sorry for fudding

[Anonymous No.23632568]

>>23632547
Did he party with Hunter?

[Anonymous No.23632604]

>>23632507
Haha Do you actually believe this picture? My 3 year old daughter can make this up! When is the first usecase being released? VERY BULLISH LET ME BUY MOAARR

[Anonymous No.23632605]

>>23632557
Wish that was me

[Anonymous No.23632622]

>>23632476
>I can promise that we will steal some spotlights in November
Haven't they learned to not promise us anything?

>>23632488
You mean the first time in a couple of weeks.

[Anonymous No.23632633]

>>23632604
>When is the first usecase being released?
Lition.de
It's live for a long time and growing. Richard works on it full time now.

[Anonymous No.23632678]

>>23632604
You sound like you invest in XRP.

[Anonymous No.23632689]

>>23632557
I'm jelly. Stuck with my 50k

[Anonymous No.23632691]

>>23632432
I'm not staking. I held through the whole thing and bought more @ 7.5c. Kiss my buttock.

[Anonymous No.23632741]

>>23632604
Energy business where Richard is working full time from now on actually. Already covers enough txs from existing customers to cover the old genesis phase "20% APY". There is no other project in crypto that generates 20% apy from already existing user cases. People can shit on Lition all they want, but this is facts.

Now, Tomo bought out Lition just recently but based on their reputation in Asia "a lot more known than Lition ever was in the west", there is probably some customers lined up already. Give it some time, unironically we are WAY better off than we were a few days ago. I was bullish only for the energy use case which really is the only reason why invested, but now I realized that we are open to a completely new market. Asian govs and businesses are desperate to save money atm cause of the travel restrictions caused by corona, instead of investing in tourism they are now investing in tech.

[Anonymous No.23632806]

>>23632289
>Enterprise Blockchain
>Aergo
LITCONNEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
CT

[Anonymous No.23633067]

Old baker here. Can we appreciate how in less than 4 days we went through 10 breads with over 3000 posts? 3 days and 21 hours actually so more than 1 post every 2 minutes. With /biz/ having 15 posts per minute that means that 1 out of every 30 posts were done in our general. Pretty based.
>>23538081

[Anonymous No.23633118]

>>23633067

[Anonymous No.23633195]

How do we make sure the Tomo retards keep pushing the LIT marketing forward?

[Anonymous No.23633197]

>>23633067
You bakers do gods work thank you all

[Anonymous No.23633217]

>>23633197
Agreed. I don't have the time. Thankyou bakers.

[Anonymous No.23633222]

>>23633195
Send them many good blessings. I'll do it in their mother tongue as a sign of respect: ching chong bong rong please please bring me big dongs Mr. Ring Long.

[Anonymous No.23633240]

>>23633195
They hold LIT tokens so that's their incentive.
>Keep pushing
Implying there was any marketing in the first place.

[Anonymous No.23633243]

Good evening from burger land Litties!

>>23633067
Even I had to step in and bake a few it's been going so fast. I warned with all the extra attention that we're going to have some bumps, but keep accumulating on these dips. Richard may not have his hands on it anymore, but the relationship is symbiotic now. TOMO's success depends on Lition's success, and vice versa. Everyone is going to benefit from this by just holding and DCAing. I just got some, but my average price is .09 anyway so it's really just extra stacking. Better than paying .20+. Think ahead lads.

[Anonymous No.23633316]

>>23633243
Exactly. Think long term. Not uniswap yf copies or food coins.

[Anonymous No.23633319]

Someone posted pic at the end of the last general.... number one concern she said maybe theyll bend the knee to pay for listings?

[Anonymous No.23633326]

>>23633195
See my post at >>23632507

They wouldn't buy the sidechain unless they had plans for it obviously.

[Anonymous No.23633375]

>>23633319

If Tomo can deliver an exchange in November and/or even something along the lines of a new usecase I will lose every last bit of doubt I have over this whole thing.

[Anonymous No.23633379]

i was worried for a minute bros, but my faith has been restored.

doesnt matter if its a knock off chink or an autistic austrian guy who makes me rich, as long as they make me rich

[Anonymous No.23633399]

>>23633375
If they can do anything for lit in the next few months I'll be convinced. I'm here long term so I don't mind of shit takes awhile. It usually does.

[Anonymous No.23633467]

IS THE PRICE GOING UP AGAIN AFTER ALL THIS BULLISH NEWS FRENS? HAHAHAHA

[Anonymous No.23633471]

Based or cringe?

[Anonymous No.23633493]

Hey guys. Whoever bakes the next bread could you use my meme. I'm really proud of the fingers and mouth.

[Anonymous No.23633508]

>>23633471
She's pretty only if you don't enlarge the picture.

[Anonymous No.23633509]

>>23633467
Dude all these FUD fags were saying it's gonna go to 1 cent yet it barely even moved and bounced back 20-30% from the bottom already. Relax.
There will be nothing but good news from now. We survived the news + ama already.
>>23633471
Seems pretty good so far but only if what she says comes true eventually

[Anonymous No.23633516]

>>23633493

He even looks like a stiffie holding that Lit bag. Well done! Alot will feel related!

[Anonymous No.23633643]

>>23633516
Someone updated it recently. I like theirs more but I miss the more fingers.

[Anonymous No.23633735]

GUYS?? What will the bottom be for this shit? I want to buy it but don't want to become a bagholder. What's the lowest this will go??

[Anonymous No.23633752]

>>23633493
I actually wish I'd have had this when I baked this thread, would have went perfectly with the thread title lol

[Anonymous No.23633774]

>>23633735
Looks like the floor is 5c or so. Maybe a little higher now.

[Anonymous No.23633775]

>>23633735
unironically 0.03 then it will crab between that and 0.05 until liquidity dries up

[Anonymous No.23633810]

>>23633643
fixed it

[Anonymous No.23633859]

>>23633774

You think so, the July low will be the bottom? What caused the price spike after July? Mainnet launch? this project had some many bumps in the road dammn

[Anonymous No.23633888]

wow man this shit really is dumping hard
i mean i knew i was right, but didnt think I'd be right this soon..

[Anonymous No.23633889]

>>23633810

Nice one, still cropped away the bagholder boner though.

[Anonymous No.23633894]

https://etherscan.io/tx/0xc37fcad932b2f5949b278b32883c8a64c297d4aa5c284e9a7072854b0629ba13/

Look at this retard

[Anonymous No.23633895]

>>23633859
A whale just dumped so LIT is currently on sale. I missed the bottom earlier so I think I'm going to pick up a little more as well. I think the price picked up after July because things began to heat up in anticipation of the mainnet.

[Anonymous No.23633900]

Definitely comfy still if you DCA and stake but not short term not looking so good

[Anonymous No.23633906]

>>23633735
I guess we will go down do $0.4 again unless tomochain will create hype somehow. It's still full of stakers in LPS who can't wait to cut loss

[Anonymous No.23633912]

>>23633810
Thankyou. Collaboration makes the best memes.

[Anonymous No.23633929]

>>23632165
I'm so glad I sold at 14 cents and wen't all in on eRSDL, which then mooned 2x.

That being said.. Is what Lition did even legal? They literally robbed people. Isn't there a way to file a common lawsuit against Prickchard that little fucker?

[Anonymous No.23633932]

bros.. its over
should have sold the dead cat bounce

[Anonymous No.23633938]

>>23633735
>>23633774
>>23633775
The Liquidity is too low to say really. This is the best ADHD coin in its league really, all it takes is a great buy or a huge sell to swing it. We are here today, in a few days we might be somewhere else, btw buy the dip. A retard just market sold 200k, this is a great example of the Lition holders. They lack the knowledge to sell in waves. Im already done accumulating with no spare change to buy the dip so go ahead anons.

[Anonymous No.23633953]

>>23633752
Use the updated one with the more fingers that was just made now.its now a community made meme.

[Anonymous No.23633962]

>>23633929
>That being said.. Is what Lition did even legal? They literally robbed people
It's all legal, there are no regulations

[Anonymous No.23633963]

>>23633932
lol the liquidity is too low still, that's the beauty of it.

[Anonymous No.23633975]

>>23633810
There's a face in the plants.
But when you enlarge it you don't see it anymore.
Is it just me?

BTW: Altcoin buzz did a pretty good video about Tomo/Lit. Also twitter seems a bit alight about lition talk. Something may be brewing, lads.

[Anonymous No.23633978]

>>23633895
I was a big fan of LIT until yesterday. Now I'm never touching it again. Sold everything and luckly dived right into a 2x, so I'm up even though I lost a fair deal of money on LIT. If they can pull of such a stunt like yesterday, then what comes next? I'm never touching that Chinkraut token ever again. What a bummer. Saddens me. I feel for the people who got their tokens locked up. That's fucked up man. Lit seemed so legit, and it technically was.. But then they fucked everyone over. That being said, Richard always came off very smug to me. I mean, look at him.

[Anonymous No.23633998]

>>23633978
And all your feelings are because hurr durr Singapore? Nothing has changed from a business perspective.

[Anonymous No.23634001]

>>23633975
Nah, its a face for sure. I noticed it when it was posted the first time.

[Anonymous No.23634011]

>>23633975
Altcoin buzz video: https://www.youtube.com/watch?v=nWrHDfJ1uhY

[Anonymous No.23634072]

>>23633978
>then they fucked everyone over.

Honestly my man, no hopium. How did they fuck anyone over? They just gave the the reins over to a far more experienced team when it comes to blockchain development and utility. Richard is great in the energy business, but he failed to bring more use cases to the chain except where he could sell it (the energy sector). It was a logical thing to do, people just got to attached to him as a face for Lition.

Tbh we are in far more greater hands now than earlier, and the energy business will still go through the sidechain.

[Anonymous No.23634170]

>>23633938
>A retard just market sold 200k
That's the equivalent of 42000 BTC market sell if you see it in comparion with the total supply.
You shouldn't do that.
Bad things happen. At least liquidity is with over 1 Million LIT high enough to absorb that. Many exchanges would have gone to zero.

[Anonymous No.23634182]

They bought lition tech to make their blockchain future compliant... lition could become a bottle neck that enterprises wanting to use blockchain for real customers have to go through in order to keep their information safe,

[Anonymous No.23634190]

>>23634072
The price tells you everything you need to know. I'm out. Not gonna sit here and fud it, just told you my story/opinion. Wish you the best. I found what I consider to be a way superior project with much better potential - eRSDL.

Over and out. Good luck.

[Anonymous No.23634207]

>>23634072
This. People didn't like the look of the acquisition so they panic sold. Richard is incompetent in the blockchain sector.

[Anonymous No.23634209]

>>23633929
>They literally robbed people
What in the actual fuck are you talking about?

[Anonymous No.23634216]

>>23633998
My holdings are literally 4.5x of what they would've been had I not sold all my LIT and gone all in on eRSDL. I really have a hard time regretting that, lmao. No feels regarding lit, just happy I'm out.

[Anonymous No.23634242]

>>23633998
>Nothing has changed from a business perspective.
Everything has changed from a business perspective. Now there are significantly more opportunities.

[Anonymous No.23634257]

>>23634190
All the best my man, no hard feelings. Liquidity is still so low that it might correct itself within a couple of days or even hours which is fucked up really but unique.

[Anonymous No.23634263]

>>23633978
I can't believe people are still clueless as to how extremely good this sale was for LIT.

[Anonymous No.23634282]

>>23634216
Fair enough however your sentiments been shared by many people which is the reason why it's down in the first place. Literally just 4chan racism. lol. From a pure business standpoint Lition is way better off making the dip completely irrational.
>>23634242
True

[Anonymous No.23634302]

>>23634216
Be careful chasing shitcoins, no matter what people say, Lition is not one of them. There are so very few crypto tokens out there that is connected to a real world usecase, on a already running business. And none of them generates 20% APY. Now, before the price oracle are in place, we stakers will still have monitor the token price. But afterwards, rewards from the txs will scale to higher/lower based on Litions price. nvm tho.

[Anonymous No.23634308]

>>23634257
I hope so, fren. Don't like seeing fellow frogs getting buttfucked. But while we're at it.. Seriously.. Look into eRSDL. You won't regret. It's the gem of gems.

See >>23628553 and DYOR before drawing any conclusions. It's well worth it.

[Anonymous No.23634318]

>>23634263
>fucking aye mate

[Anonymous No.23634349]

>>23633975
I agree. It kind of looks that alien pic /x/ has been looking for.

[Anonymous No.23634350]

>>23634282
You make it sound like /biz/ controls the market. However, that's not the case. Lots of investors in cryptos don't even know what 4ch is. /biz/ doesn't make that much of a difference.

And regarding racism.. Then why are many other chink projects doing fairly well? Lots of chink projects shilled in here constantly.

[Anonymous No.23634357]

Glad I didn't touch this shit coin.

[Anonymous No.23634378]

>>23634350
>You make it sound like /biz/ controls the market.
Unfortunately /biz/ does. Lition only has like 3k wallets. How many do you think are from biz? Subreddit is dead so it's not reddit.

[Anonymous No.23634396]

>>23634350
>Then why are many other chink projects doing fairly well? Lots of chink projects shilled in here constantly.
lol Lition was unique in that so many anons jumped in for nazi memes and "muah white man's coin" cause of Richard and Germany. Half the rage here was cause it's not that anymore and nothing else.

[Anonymous No.23634434]

>>23634378
I'll concede that low cap projects are somewhat affected by /biz/, but I don't know man.. I just got a weird feeling about LIT now. I'm not saying it's dead or anything, but it's dead for me. Should the tide turn, I might consider buying a bit again, who knows. But I think it's dead in the water, at least for the time being. Again, I don't mean to fud, it's just my honest opinon. I wish you the best of luck.

[Anonymous No.23634440]

>>23634190
All the best man, being calm about it's always a less stressful way of handling any kind of loss. Best of luck and when things start looking back up (I'm confident they will) you can always get back in at this stage.

[Anonymous No.23634451]

>>23634396
True, lmao. I was one of them. Dunno what to say, fren. Other than that I'm out of LIT for now. I think there are other great projects out there that I want to focus on instead.

[Anonymous No.23634455]

>>23634396
i thought nazi memes were to fud.

[Anonymous No.23634458]

>>23634434
Yes you were invested when it had a CEO that had to take care of two businesses instead of one and hired temp devs to fix the mainnet. Now that theres full time development for the chain and Richard working full time to expand the energy business it's dead. Makes sense.

[Anonymous No.23634466]

>>23634440
Indeed. Feelings will get the best of you, so staying stoic is always superior. And you too!

[Anonymous No.23634467]

>>23634434
>>23634440
>>23634378
>>23634357
Since everyone is out partying while my sorry ass is on lockdown, and Im in a thread talking to 5 other people. Can someone make a comfy discord for the lot of us?

[Anonymous No.23634480]

>>23634451
Yeah Idc it's good that people like you are out. Makes the price more stable in the future. I don't want anyone selling cause Lition gets used by an Asian company!

[Anonymous No.23634491]

>>23634458
But the whole GDPR compliance thing, which was a huge deal, has been torn from the core of LIT.

For the last time.. I'm not here to fud. Just voicing my opinons as a former fanboy of LIT. But the more we talk about it, the more I seem like a fudder, and I don't want to. I hate fudders.

[Anonymous No.23634496]

"Mainstream exchange listing to be announced this month" - Guess they have one day to go!

[Anonymous No.23634506]

>>23634491
>But the whole GDPR compliance thing, which was a huge deal, has been torn from the core of LIT.
The fuck are you talking about? It's one of the major reasons why Tomo bought and nothing has changed about it. APAC countries are a lot more autistic about GDPR type shit that's why they need the deletable features.

[Anonymous No.23634524]

As a long term holder is there any real disadvantage to staking?

[Anonymous No.23634545]

>>23634496
This is already over retard and has been discussed for 2 days. They been in negotiations for it but nothing came out of it so far. However it's Tomos #1 prio rn to get more liquidity according to Anh. It will happen not today tho.

[Anonymous No.23634572]

>>23634545
>They been in negotiations for it but nothing came out of it so far.
Where did you hear that?

[Anonymous No.23634574]

>>23634491
Found the retarded FUDer larping as "muh concerned long time 200 gorillion holder" here. kysthxbb

[Anonymous No.23634581]

>>23634524
Yeah ur locked in for the time u select 1,3,6,12 so if Mr ching Chong decides to fuck up u can't sell

[Anonymous No.23634589]

>>23634467
Good idea. Just made this one. gdFJAEzs

Join and I'll be there tomorrow. It's 2 AM here, and my captcha is killing me rn. But I'll be there tomorrow.

[Anonymous No.23634594]

>>23634467
Isn't there lition discord already?

[Anonymous No.23634603]

>>23634572
Richard said it on telegram

[Anonymous No.23634604]

>>23634506
>>23634574
Whatever. I don't believe in LIT anymore, and I've found a gem I find much more attractive. That's it, hate it or love it. Best of luck. It's late here, so I'm gonna hit the sack.

[Anonymous No.23634612]

>>23633975
>Something may be brewing, lads.
brewing in your as parhaps
its over moonboys, richardo bitrayino betrayed us, why betray sir richardo

[Anonymous No.23634638]

>>23634491
That is literally the reason why Tomochain bought Lition. Lition is still GDPR compliant.

[Anonymous No.23634645]

>>23634604
Sure you do not care after saying that in the last 12 posts over and over again. kys and put your .finance shitcoin up your ass.

[Anonymous No.23634660]

>>23634604
Did you forget to switch ip for your discord post >>23634589
Why would you create Lition discord if you don't give a shit anymore? Kek. Mentally ill FUD fag.

[Anonymous No.23634665]

>>23634645
>kys and put your .finance shitcoin up your ass
This

[Anonymous No.23634749]

I could start a telegram channel and post the link here, then create a group from that channel for the actual discussion (the initial channel would be more of an on-ramp for the group chat). I believe I could circumvent the necessity to add people in order to start a group chat with them. Does that sound good with you guys?

I am new to telegram channels so I might fuck it up.

[Anonymous No.23634794]

>>23634749
Btw this channel would be for more serious discussion about LIT. /biz/ for shitposting and spoonfeeding and this telegram for us to hang out without having to deal with fudders. I'll open it up to people in generals for a few weeks then close it up completely.

[Anonymous No.23634809]

>>23634749
There are already enough of those and it's the same people in all of them.

[Anonymous No.23634840]

>>23634749
>>23634794
Don't bother. We've already got too many spin offs.

[Anonymous No.23634944]

>>23634809
This.

[Anonymous No.23634964]

>>23634944
>>23634840
>>23634809
Sounds good. I didn't even know other channels existed cause I've stayed as far away with telegram as possible. I'm finally tired enough of the fud now.

[Anonymous No.23635014]

>>23634964
Yeah I'm in 7 lition groups and lurk other 2, it's enough

[Anonymous No.23635068]

Still not used to this being our overlord

[Anonymous No.23635079]

>>23634964
>I'm finally tired enough of the fud now.
Telegram has even more FUD than these threads. Where do you think it comes from lol. I'm invested in a few projects and some telegram groups but this is legitimately the only one where bag holders FUD themselves into a market drop for no reason.

[Anonymous No.23635089]

>>23634809
>>23634840
This.

[Anonymous No.23635093]

One last time

https://youtu.be/XbQrGaTm02Y

[Anonymous No.23635139]

>>23634603
ty

[Anonymous No.23635146]

>>23635014
Whats the best one?
PS who thinks this flurry of activity will continue?

[Anonymous No.23635177]

>>23635068
lets keep both

[Anonymous No.23635208]

>>23635079
It's all so tiresome.

[Anonymous No.23635212]

>>23635146
The private ones. The one for trust nodes is chill.

[Anonymous No.23635234]

I can't believe people are selling at these prices lol

[Anonymous No.23635252]

>>23635234
yeah below 8 cents is cringe.

[Anonymous No.23635272]

>>23635252
I probably turned 50k profit in 2 days from people being absolute fucking retards. They literally can't read or listen and will stay poor forever. Thanks for your cheap litties. Good news and a price drop. Would never happen with stocks.

[Anonymous No.23635288]

>>23635272
AHHHHHHHHHHHHHHHHHHHH LEAVE STINKY BOBO

[Anonymous No.23635374]

>>23635234
>mfw never bought and I´m going to do it, right now

[Anonymous No.23635383]

SHITION

[Anonymous No.23635427]

>>23635212
How has it been over the past few days? Has anyone been fudding in it?

[Anonymous No.23635531]

There was an anon that posted a screenshot of the top 30-50 adresses a day or two ago >>23630736
2 were added to the top 50 but are smart contract or exchange wallets.
3 went away from the top 50
#42 staked
#46 and #48 sold.

[Anonymous No.23635551]

>>23635427
...maybe?

[Anonymous No.23635561]

>>23635531
Yeah so it was only poor idiots who sold. What a surprise.

[Anonymous No.23635595]

>>23635531
Another 2 adresses pictured added 21k.
And the liquidity pool absorbed basically 400k.

[Anonymous No.23635737]

>>23635561
Just wish I could have bought more than 4k over the last day or so on these dumps. Basically added a staking stack just from all of this. I may just finally take the plunge and start staking just that and keep the other 10k and add to it.

[Anonymous No.23635928]

>>23635427
Only one of us is going to quit

[Anonymous No.23636026]

Holding this to 0 if I have to, lets hope the hyped november announcement is not a nothingburger

[Anonymous No.23636099]

>>23636026
You will have to.

[Anonymous No.23636109]

>>23636026
Nothing really happened. All this FUD and confusion and only literal retards sold. All the people locked into staking will benefit massively and price will creep back to where it was.15+ in no time. And by that point everyone seems to be comfy and hopeful again lol.

[Anonymous No.23636475]

>>23635234
tripled my stack from 5k to 15k with some cheapies

[Anonymous No.23636751]

Huge emphasis on the 'large' use cases in the AMA.
Second accumulation phase begins

[Anonymous No.23636835]

What the fuck are FTX tokens? The TOMO dev wallet has a shitton of those

https://etherscan.io/address/0xe6350e88bb5396b7b6109c405576756b3a909107#tokentxns

[Anonymous No.23636898]

>>23632326
holding a tiny ziploc of 10k lit's.. wtf do i do w/ these, enough to stake?

[Anonymous No.23636949]

>>23636898
You need 5k to stake.
I'd recommend staking half of your stack (5k) for 3 months and keep the rest to dump incase shit really hits the fan

[Anonymous No.23637022]

>>23636949
thanks anon. been holding these for a while and forgot i had them since they don't show up in zapper. good advice, but i'm just gonna go stake them all. i don't really care about salvaging <$300 if it starts to crash to 0. probably won't anyway at this point

[Anonymous No.23637105]

>>23637022
https://staking.lition.io/pools/
I'm 100% going to ride this to $0.00, apart from BTC/ETH/LINK this seems like the best project when it comes to fundamentals.

[Anonymous No.23637157]

>>23637105
yeah, i'm there now. feel the same, which leads to a Q about rewards...

when it says 1 month is 1.2x rewards. do they mean 10k will create 2k more in the month (so 12k total at eom)?

and then for the 1.4x rewards in 3 months.. is that 40% in 3 months? or 40% per month for 3 months?

likewise, is the 1.8x for a year 80%/mo, or just 80%.

i assume this is all just the rate of return for the period. which then leads me to last question. do these get adjusted each month? b/c it's weird to see the 1/mo have much higher yield for such a risky lockup than the 3/6/12 periods.

[Anonymous No.23637221]

>>23632604

[Anonymous No.23637222]

>picked up a cheap bag of litties to accumulate

And just like that, LIT will never be under .07 again!

[Anonymous No.23637352]

this dump is abnormal. probably gonna toss my paycheck into it, then i'll have 100k+

[Anonymous No.23637581]

>>23637157
The rewards come from the transactions in the sidechain.

[Anonymous No.23637617]

>>23637157
No i believe thats apy, so you have to adjust it to just a month. in a month you'd earth 20%/12*10k

[Anonymous No.23637820]

>>23632165
kek why is there even a Lition general anymore. Shouldn't it just be the TomoX general?
I want my tomoX general thread and I want it right now.

[Anonymous No.23637856]

SHITION

a group for calling out Richtard for his lies

retarded delusional bagholders not welcomed

t+me/joinchat/PxHulhikNL9C2tXVV9GAzw

ps. Class action lawsuit soon Richtard ;)

[Anonymous No.23638218]

>>23637856
Thank you very much. I hope Richard ends up in jail for his investment fraud. Lition Blockchain was always a fake company that pretended to be a real and larger start-up in order to scam investors. Nearly all of our (ICO) money was redirected to Lition Energy and his private accounts. That's one of the main reason why Lition Blockchain was such an constant and terrible disappointment.

[Anonymous No.23638242]

>>23638218
The energy usecasr generates transactions so I’m happy it took up most of the resources

[Anonymous No.23638277]

i dont give a shit how bullish the project now is, Richard literally scammed us. He quite literally lied and over hyped announcements which he knew would be received badly and exited on the pump. Fucking cunt.

[Anonymous No.23638299]

>>23638277
name one (1) downside to the partnership with tomo

[Anonymous No.23638307]

>>23638277
>He quite literally lied and over hyped announcements which he knew would be received badly
I don't think he knew people would think this is anything other than good for Lition.
>and exited on the pump.
I wonder why it pumped right before the announcement. Couldn't have anything to do with insiders?

[Anonymous No.23638436]

>>23638299
I'll give you 3
-chinks
-gooks
-zipperheads

[Anonymous No.23638455]

>>23638299
I'm bullish on LIT too, but the clear downside for me is how it was announced - "Never before seen in crypto" and hinting to a major exchange by context as he was answering questions about CEX and saying it's Not Binance (indirectly saying that it is something comparable)

[Anonymous No.23638542]

>>23638307
>I don't think he knew people would think this is anything other than good for Lition.
He certainly did otherwise he wouldn't have locked nodes a day before the announcement. He knew everyone would probably try to sell and that would destroy the blockchain ecosystem.

[Anonymous No.23638543]

>>23632488
Checked but we did

[Anonymous No.23638594]

>>23638307
It is indeed insiders

[Anonymous No.23638607]

>>23632165
I've never seen holders of a coin so euphoric over a 40% drop in a day.
And because of that, I just increased my stack.
Let's go

[Anonymous No.23638623]

buy the rumor sell the news as usual. lit may or may not die off but we all should've sold the pump. we got too cocky bros. looks like this is the end of /litgen/ for the foreseeable future. adios amigos...

[Anonymous No.23638650]

>>23638623
If we all sold the pump there wouldn't have been a pump

[Anonymous No.23638668]

>>23638650
obviously cultists wouldn't have sold but smart ones that aren't locked in staking should have. my only fear was getting priced out and that seems like its not happening in a long time now.

[Anonymous No.23638703]

I am still pretty bullish. They are saying they can't talk about their partnerships with the government or central banks because of NDAs. Why would there be NDAs if it was nothing? Also looks like they want to get us listed on a cex asap. Inbefore "cope". Yes it is.

[Anonymous No.23638790]

I believe this is TomoChain's way 'out' of TomoChain itself. They realised no one wants to use another decentralized layer 1 so now they bought a layer 2 to operate and can now partner with business' due to being compliant with data laws and GDPR. I think this is much more beneficial for Lition as all these new use cases and transactions from business partnerships will now be put on Lition and they won't mind if TomoChain slowly dies out as nobody uses it anyway ...

[Anonymous No.23638803]

>>23638790
my worry is if they integrate the layer 2 lition blockchain technology into their own blockchain somehow, making the lition token obselete after tomo absorbs its usefulness.

[Anonymous No.23638835]

I baghold a shitty cultists coin now...

[Anonymous No.23638839]

>>23638803
Yeah that doesn't make any sense. What's with all these room temp iq fags.

[Anonymous No.23638840]

>>23638803
If they integrate the layer 2 then the LIT token moves with it as a L2 needs a seperate token from the L1. They will split the sidechains between ETH and TOMO depending what the customers want and the LIT token will be used for both with the TRC21 token bridge.

[Anonymous No.23638892]

>>23632165
Stop dumping!!!!!

Rrrrrrrrrrrrreeeeeeeeeeeeeeeeeeeeee

[Anonymous No.23638908]

>>23638277
This!!!

[Anonymous No.23638917]

>>23638840
that makes sense anon. but i'm scared of how much blockchain technology will evolve over the next few years and they might find a way to make lit obsolete, its obvious richard wouldn't care nor would anyone care who holds any influence or power in tomo as long as it benefits them. can't really know, things change very quickly.

>>23638839
try looking more than 2 weeks into the future

[Anonymous No.23638924]

>>23637352
Just giving money away anon. LIT is dying a slow death.

[Anonymous No.23639031]

>>23638917
I think we'll easily see .20-.30c again only in November. Allegedly "huge" news is on the horizon and a CEX is their "first priority"

[Anonymous No.23639044]

>>23638892
Thanks for playing

[Anonymous No.23639058]

>>23639031
what huge news? didn't they half-jokingly tell us not to expect anything this decade?

[Anonymous No.23639072]

>>23639058
https://twitter.com/anhntv2012/status/1321485065264640001

[Anonymous No.23639090]

>>23639072
I don't care about the bugladys gaslighting lies. All women are liars anon.

[Anonymous No.23639124]

>>23639090
She does seem like a bit of a shill but everyone in crypto is

[Anonymous No.23639164]

>>23639124
And that's a good thing. Lit could be the next vechain or icon.

[Anonymous No.23639288]

Hello everyone.
Original /lg/ baker here. Felt angry at first not because of the merger but because of the beta behaviour of Richard who I trusted. Fuck this faggot. With more time to think I am now happy he is out of the picture regarding blockchain decision ( hiring devs, bribing exchanges etc) because he clearly isn’t alpha enough to be in the game. Chinks will pump our bags (and now their bags) by listing us on a CEX and all that bullshit. We will probably see 1$ quicker with them than with the weak handed german.

Stay strong my brothers

[Anonymous No.23639330]

>>23639288
Covid part. 2

Good luck with green candles anon.

[Anonymous No.23639338]

>>23639288
Checked and true, HH

[Anonymous No.23639350]

>>23639330
Learn the difference between unknown unknown and known unknown.

Covid wont do a bigger damage to markets than the first time, unless it mutates or some unpredictable shit like this

[Anonymous No.23639359]

>>23639288
Same. We all overestimated Richard.

[Anonymous No.23639367]

>>23639350
>Cum in ID

wgmi

[Anonymous No.23639370]

>>23639350
Covid is a nothingburger. I expected worldwide chaos at first but it's literally nothing. Where I live there are around 10k confirmed infections a day and about 25 deaths. The actual infection rate is probably atleast 5 times higher which means its fucking nothing.

[Anonymous No.23639378]

>>23639124
Shills are good, shills can pump price.
We lost our best shill though, shillmaster Kyung with the 'never seen before in blockchain' tease.
LMAO

In seriousness though Richard betrayed us, we we're all supposed to be in this together.

No just kidding, I actually listened to the AMA again and its pretty good imo.

[Anonymous No.23639401]

>>23639378
Only thing I would change actually is the english to the tomoguy. Asian+good english= moon ( see justin fag sun)

[Anonymous No.23639415]

>>23639288
It was clear you weren't Chad enough to weather the storm. It's ok, these were emotional and testing times.
.t Chad /LITGEN/ baker who kept baking, never sold, only bought.

[Anonymous No.23639416]

>>23639401
The indian looking guy can speak english pretty gut

[Anonymous No.23639421]

>>23639401
The CBDO probably does most business with western clients, they need someone who can speak Chinese or they wouldn't land a single partnership in HK

[Anonymous No.23639472]

>>23639415
I havn’t baked in months now, I am the first lg baker but now other people took over

[Anonymous No.23639489]

>>23639415
Im the first lg baker, you made this meme for me lol. i havnt baked in months tho someone took over and I’ve been busy travelling

[Anonymous No.23639494]

>>23639370
>Covid is a nothingburger
Oh the powers that be will make sure it's not just a nothingburger.
They need chaos, uncertainty, and desperation to usher in their plans of societal change - their plans don't include pumping your shitcoin bags btw

[Anonymous No.23639522]

>>23639472
When you say "original" you must mean way back? Because you're not the based /lg/ baker, as in the guy who baked about 30 to 40 of the 44 previous /lg/s, that would be me.
And actually there were only 1 or 2 /lg/s before my reign started so I'm curious which ones you baked. I guess just the first ever /lgl?

[Anonymous No.23639537]

>>23639494
>They need chaos
No, they just want everyone to go to work, take their pills, read the news. They don't wan't chaos. I wan't chaos. I wan't to burn everything down and start over again. Pic related.

[Anonymous No.23639540]

It puts the lition in the bag,

Or else its tits begin to sag.

[Anonymous No.23639545]

>>23639537
Hello T37 V

[Anonymous No.23639579]

>>23639494
Indeed.

[Anonymous No.23639596]

>>23639579
Give me one reason why (they) want chaos and global economic catastrophe.

[Anonymous No.23639655]

The great reset. Boom.

[Anonymous No.23639659]

>>23639288

Other LITGEN-baker here. I agree. Good riddance. The issue wasn't that he sold, but how he did it. Absolute faggot. Im glad we are in better hands now.

Regarding>>23639350

This is a acid-test for us. We overestimated the unknown unknowns of Lition and especially Richtard. He looked like a faggot, acted like a faggot, but because of his autism, christianity and excitement when he talks about Energy, he seemed oblivious enough to actually pull it off. However in retrospect we actually have information on him now. We know the unknowns. That Lition Blockchain was going very bad, we had information that he only had two temp developers, who doesn't invest in developers? How incompetent is he? Also I heard that Kyun isn't a technological doofus. We fell for it, hook, line and sinker. We wanted to believe, but when everything comes for a day, Richard did the only right thing, even though he did it badly by hyping up a CEX and a "NEVER SEEN BEFORE" announcement. What a prick. Absolute cocksucker.

On the bright side, we have good leadership and resources now who bought Lition and actually can sell its usecase.They saw the potential and it is the only way TOMO can compete with Ethereum and the asian blockchains. Imagine being pitched by Richard. Lmfao. No one wants to buy from that dude. Him now working full-time on the Lition Energy is perfect for us. It is also his punishment, if Lition Energy suceeds, it will make US a lot of money.

[Anonymous No.23639667]

>>23639659

Is a technical doofus*

[Anonymous No.23639681]

>>23639596
order out of chaos brainlet, they love revolutions under control

[Anonymous No.23639688]

2:15 Long:
>we have products like the public chain but also some applications like TomoX, TomoZ and TomoDEX and we will continue our path of building relevant products and service for the end user to be adopted in the next 5-10 years

4:40 Long:
>i'm very excited like Richard said that Lition is a deletable blockchain that is suitable for some enterprise use case we want to incorporate in the TomoChain technology stack and bring it to the bigger use case in asia and around the world and one of the things we want to focus on is the financial sector and in that sector security is paramount they put a lot of emphasis on the control of the data for the end user and i think if we want to bring blockchain technology to serve big institutions like financial institutions like bank or government we we want to bring the best technology we can to the table

07:00 Richard:
>you need to have an entity which doesn't just have a main net like TomoChain or doesn't like just does just have a side chain like lithion it has to have both it doesn't have to have a couple of engineers on one side on the other side many engineers and only with a strong company like this there is a viable chance that we can really transform and disrupt the finance industry

09:13 Richard:
>I personally will now focus more on the energy side which in turn will lead to more transactions because we will likely get more energy customers

09:42 Richard:
>in order to to scale largely which we're currently doing in the energy business which works well the blockchain infrastructure needs to be rock solid and i think yes we are very good engineers but our whole company isn't just exclusively dedicated to technology this is very different with TomoChain is a lot is it has a lot more resources a lot more power a lot more experience in developing blockchains so i think in the end
and the energy business will benefit and also the blockchain business will benefit

[Anonymous No.23639728]

I'm glad we've cleaned house. The next few months will be interesting

[Anonymous No.23639758]

>>23639596
The need chaos to Change your all physical and Digital saves for CBDC ( 100% taxable)

[Anonymous No.23639811]

>>23639688
They better anounce something really good soon, bagholding a chink scam coin for 5-10 years is the last thing a sane person would do.

[Anonymous No.23639895]

10:35 Kyn:
>since Lition sidechain solution is staying on ethereum does this you know some of the community members are wondering does this signal a shift of strategy for tomochain's blockchain development away from tomochaine itself?
Long:
>it's actually the reverse because with the merger with lition we can bring the sidechain technology from ethereum to tomochain and add more strength and resiliency on tomochain public chaain and that's great because our proposition to end user and to the client is much stronger now because we not just have a public chain but we have a sidechain business that can serve different use case that clients have.
>I think the combination of lition into the TomoChain public chain will have an immediate effect thus we can enter the market and for the project upward to 10, 20, 30 million usd instead of before we only do live 500k, 1 million usd projects but now we can do a lot more right starting from 10 million 20 million and maybe even more

13:45 Long:
>the immediate plan after the acquisition is we still have the two entities lithium and TomoChain operating quite independently so Lition staking is still staying on ethereum and collecting the rewards like before and we bring some lition from ethereum to TomoChain and so that's the lition token holder can enjoy the low fee of Tomochain experience what's the difference between tomochain and ethereum

17:30 Long:
>we also planning to to spend a lot of efforts on the government *inaudible* in uh vietnam
and um hopefully right the as some of these as a long term so it's not going to be a big announcement tomorrow or maybe one week from tomorrow but that's something where we are willing to spend efforts and time to make it happen right and when they choose to use um the side chain or they choose to use a private blockchain to power their application that is the lition company and we are using the lition token for that.

[Anonymous No.23639901]

18:25 Kyn:
>how will the lition trc21 token which is the wrap token on TomoChain how will that token be utilized?
Long:
>yeah i think so like i mentioned before the staking operation still stay on ethereum and do as before we move some of the lition token on TomoChain for listing and for the future *inaudible* people need to use the lition token on Tomochain but you can expect most of the staking and token operation stay the same like before.
Kyn:
>right so basically essentially we are continuing to operate Lition blockchain as is we're going to continue to develop on it it's not going to be migrating over the TomoChain but these tokens can be used on the tomochain network for other purposes like trading

23:20 Long:
>we are long-term investor and operator in this way we have longer vision than most of the people in the crypto space have. We are willing to spend the next 5 years 10 years to continuously invest in technology product development to bring the technology the utility to the world.

[Anonymous No.23640107]

>>23639494
You have a point. More and more people (not a significant amount, but the numbers are growing) are leaving the workforce because they either got rich from crytpo or have managed to teach themselves enough about the stock market to make the amount of good moves able to divorce themselves from any meaningful labor.

Take BTC for example. If someone were to dump their entire life savings back in April when it dumped to under 4k, imagine what they hauled in by this point in time.

[Anonymous No.23640321]

[Anonymous No.23640349]

>>23640321
We're going to be on Binance by the end of the year and pump to 5$. Screencap this.

[Anonymous No.23640431]

>>23640349
Ahaha. He trusts a gook.

[Anonymous No.23640438]

Are we still gooked guys?
The generals still have good volume.

[Anonymous No.23640456]

>>23640431
Asians keep their word.

[Anonymous No.23640483]

>>23640349
$5 is a bit farfetched but I wouldn't be surprised if it hits $1 eoy with a couple good announcements - like a CEX (not necessarily Binance) & another use case

[Anonymous No.23640513]

Well the dump was for nothing

[Anonymous No.23640542]

I was considering FUDing to buy time for myself but I'll be honest for any sincere anons reading, this is objectively the best time to buy. Nothing has fundamentally changed. I wouldn't be surprised if we go back to where we were within a week. The fear and uncertainty is delicious to me. FOMO in when there's FUD. FUD should be hopium to you. wagmi

[Anonymous No.23640623]

It's so bullish that we now have a Vietnamese team building on the work of the Krauts. Do you know what this means? The Vietnamese beat the fucking USA in all-out war. And you fudsters think they won't organise Lit into a global blockchain powerhouse? Please. This is an easy hold.

[Anonymous No.23640643]

Is the LIT future distribution and supply plan still valid?

[Anonymous No.23640658]

>>23640513
This is very bullish for Lition token and kinda bearish for Tomochain token desu.
I get the feeling that Tomochain was getting stuck and the company behind Tomochain didn't really see a lot of ways to spend their money well on Tomochain development. So they branched out and kinda hedged their bets.
The company is now not solely dependend on the success of the tomochain blockchain.
If they play out Lition on Ethereum as they said I cant see how this acquisition is going to bring a lot of value to the tomochain token, and also dont really understand all the talk about synergies.
It seems like they are trying to lure token holders to keep some of their holdings in TRC 21 tokens by doing trc-21 exchange listings.
The staking will continue in erc-20 though.

[Anonymous No.23640659]

>>23640643
someone just askee in TG
2. was the response

[Anonymous No.23640672]

>>23640321
So we switched from 2 part time devs to up to 30 full time.
SELL SELL SELL !!!!

[Anonymous No.23640694]

>>23640659
Yeah the october token burn did not go through in any case.
So that is a bummer. Essentially we might be looking at 20% possible dilution from 100.5 to 120 Million.

[Anonymous No.23640697]

>>23640513
This is in contradiction with the AMA, probably because they refer to different time scales. Kyn more about the short term, Big Long Dong to the very long term
>Long:
>it's actually the reverse because with the merger with lition we can bring the sidechain technology from ethereum to tomochain and add more strength and resiliency on tomochain public chaain and that's great because our proposition to end user and to the client is much stronger now because we not just have a public chain but we have a sidechain business that can serve different use case that clients have.

[Anonymous No.23640702]

>>23640659
>no specific agreement
Richard and Kyung are morons but this is not our problem.

[Anonymous No.23640718]

The general feeling seems to be that LIT holders are unhappy and Tomo holders are bullish when it should probably be the other way around. The fundamentals of LIT haven't changed and the new team even said that if a new use cases insisted on using Lition via Etherethen then they would accept. As a Tomo holder I'd be anxious about that. I don't believe for one second that the success of LIT and Tomo are linked because LIT is blockchain agnostic, meaning that if Tomo failed to get adoption, LIT can continue to press on as a layer 2 on Ethereum and others. The wrong coin dumped anons.

[Anonymous No.23640730]

These new guys have literally communicated more with us in 10 minutes than richard and kyung has in 2 years

[Anonymous No.23640732]

>>23640702
Why morons? It's good for Richard and Kyung to keep options open. This sucks for Dong as there is no commitment from his customers

[Anonymous No.23640737]

>>23640658
>>23640697
what I think this will mean is they dont plan to stop or transfer use cases coming on lit/eth however im sure theres large deals which will have to be secured by offering the full package of lit/tomo

[Anonymous No.23640743]

>>23640737
I agree, and it makes sense

[Anonymous No.23640758]

>>23640718
LIT seems to win more, however Tomo also have higher chances of enterprise expansion by offering the double layer of LIT<>TOMO which is a huge advantage over just TOMO

[Anonymous No.23640782]

>>23640718
They figured out that ... oOoOoOOoOooOppsss

[Anonymous No.23640799]

This kin guy is being very transparent on the absence of a binding deal with Richard on the use of lition blockchain for Lition energy. I like him.
And I have no doubt Richard wants to go on using lition blockchain.

[Anonymous No.23640815]

>>23640732
Right, had a brainfart there.
Dont know...

>>23640737
Right but that means that
1) Lition energy stays on Ethereum and provides no value to the Tomo token
2) Some usecases will opt for the Ethereum solution and provide no value to the Tomo Token
3) Some usecases will opt for the Tomo solution and provide value to the Tomo token.
4) All usecases will provide value to the LIT token.

So we there's a team of 30 devs and some marketeers of which perhaps 10 will be directed to work on Lition solutions.
So they will put efforts into this and every second of their work will provide value to the lit token yet not all will provide value to the tomo token. And before this acquisition 100% of their work provided value to the tomo token.

This is a loss for Tomo holders and a win for Lit holders. Meanwhile Lit sold off while Tomo held steady. Massively irrational market moment here imo.

[Anonymous No.23640821]

>>23640718
Exactly my thoughts.
>>23640815

[Anonymous No.23640841]

>>23640799
This, it's a non issue.

[Anonymous No.23640843]

>>23640815
While your analysis makes sense, for Tomo to have large enteprise adoption it critically needed Lition, even if all 30 devs are working on their product they would still be missing the last stone. Tomo holders aren’t as positively impacted as Lit holders but I wouldn’t say they are negatively impacted

[Anonymous No.23640853]

>>23640758
Tomo holders can only have a synergy win.
They have a resource loss.
Lit holders have both a synergy and resource win. Definitely when you take into account Richard now working majority of time on energy.

[Anonymous No.23640872]

>>23640815
Correct, and we can already see signs of that concern on the tomochain channel. I'm not talking about screaming monkeys, but people respectfully explaining why they're concerned.
It's a big change for everyone and it's never easy to digest. There are many good scenarios we can hope for, but it's hard to picture a best case scenario that works simultaneously for both communities. This is what we are missing.

[Anonymous No.23640877]

>>23640853
Also from a financial capital point of view.
Tomo holders have a parent company with less capital than before.
Lit holders now have a parent company with probably more capital than before.

[Anonymous No.23640879]

>>23640853
Cope harder.
why would Richtard succed with Lition energy in the first place?
He has shown with the Lition blockchain that he is incaapable as a direct leader.

[Anonymous No.23640918]

>>23640877
Yes, I would advocate to keep this to ourselves and to not go point this out to them in order to try and sway them to drop tomo for Lition.
We don't want to get bad blood with our new asian overlords.

[Anonymous No.23640928]

>>23640879
So tell me, what are your life accomplishments?

[Anonymous No.23640960]

>>23640928
that's just deflection dude, anyone can say that about anyone. we're discussing lition in this thread. don't deflect. tell us why the lition token will maintain its value after this, without deflecting, or insulting, anyone. or don't. i think it's clear to everyone at this point that richard pulled the rug, i mean look at the dev wallets selling in the few days before the announcement.

[Anonymous No.23640963]

>>23640928
Its not about his accomplishments, he is a good lap dog or prodige. I haveno doubts about that. But I have my doubts that he posesses the skills you need as a good leader.

[Anonymous No.23640979]

>>23640963
I mean he knew his shit when it came to energy and he's a smart (but autistic) guy, but the guy had zero idea how to run a company, or do relevant blockchain work.

[Anonymous No.23641019]

>>23640979
Yeah, the .s.o.y is stong in his face after all.

[Anonymous No.23641020]

>>23640960
No the other anon has made 4 remarks itt and they were all baseless fud, why take him serious?

I havent seen those wallets that you mention.
But I made my case clearly here:
>>23640815 and >>23640853

We went from
Lition blockchain with Richard and 2 part time devs
Docmosis as the only usecase that they landed in 2 years.
Lition energy where growth has started to stall

To
Lition blockchain where a portion of the 30 experienced tomo devs will work for
NDA's signed with most likely vietnam government regarding central banking usecase applications
Lition energy like before + Richard

[Anonymous No.23641021]

>>23640659
I was under the impression this was already a guarantee.

The fact they're not even sure about this, and Richard has no idea if Jurgen from SAP is still going to be an advisor really reeks of unprofessionalism - how could you not know if the only use case on the Lition sidechain will continue?

[Anonymous No.23641028]

Hello all great to see yer man answering questions in telegram, the dude is professional as fuck, we now have 30 full time developers used to dealing with blockchain... richard can focus on business development and getting lition usecases, we have only just now got an actual product to sell and people are selling...

[Anonymous No.23641061]

>>23641020
this

[Anonymous No.23641064]

>>23641021
Well it's not as they don't know.
Lition Energie was just a separate entity and technically had nothing to do with this acquisition.
They are just a customer for the blockchain, you cant really make customers sign an obligation to use your product/service.

[Anonymous No.23641083]

>>23641021
I think that Long Dong doesn't really care that much about the energy sidechain and he's more focused on long term projects related to finance.
He believes that the risk that Richard opts out is reasonably low and he's fine with the current non-binding arrangement

[Anonymous No.23641096]

>>23641021
The jurgen SAP stuff is good criticism, which is mainly Richard's obligation and showcases yet again that he wasn't really fit for the job when he didn't even bother to ask.
I consider the Jurgen SAP link as good as dead, but I dont think this was priced in to a great extent either when we were at 18 cents.

[Anonymous No.23641143]

at this point lition is pretty dead. best to move on to projects with potential, like digital reserve currency or chainlink.

[Anonymous No.23641190]

>>23641143
Yeah!!! 30 devs and 400 more to tap into compared Richard and the Balkan Temps 2 days ago. It's dead!! New owners communicate all day on TG it seems finished!!!

[Anonymous No.23641222]

Best betrayal since fatoshi

[Anonymous No.23641271]

Based Long dabbing on the tomo bagholders.
We diversified bitch, deal with it.

[Anonymous No.23641273]

[Anonymous No.23641310]

>>23641273
Kyn seems pretty based. US elite school educated. He's the big brain and will make us rich. He went to Wharton just like TRUMP. All you need to know.

[Anonymous No.23641316]

Yeah I said this instantly, the TOMO token is literally worthless utility-wise and will be for a long time. If this were a casino, LIT would be owning all the tables and slot machines while TOMO owns the building and the brand

[Anonymous No.23641340]

>>23641316
>If this were a casino, LIT would be owning all the tables and slot machines while TOMO owns the building and the brand
Good analogy.And LIT Token owners get a share of every cent thrown into the slot machine. It's just MIND BLOWING how the price tanked lmao.

[Anonymous No.23641346]

>>23641340
price tanked because the bug announcement wasnt what it was made out to be

[Anonymous No.23641356]

>>23641346
No it tanked because brainlet /biz/ holders hate anything asian and can't read

[Anonymous No.23641393]

>>23639350
it did mutate though

[Anonymous No.23641414]

So much retarded cope.

[Anonymous No.23641426]

>>23639596
because they profit from it. you know these stimulus payments increase the national debt, right? who do you think hold that debt? we’ve been having global economic catastrophe and the stock market has gone up. even when it crashes, they have the ability to trigger when the crash happens so they can short it beforehand

[Anonymous No.23641530]

[Anonymous No.23641545]

>>23641346
>>23641356
It also tanked because it kinda got unveiled that Lition as it was was running on fumes.
/biz/ was wrong in analysing Lition as the next imminent 1000 bagger and then /biz/ was wrong in analysing the acquisition as a bad thing.

Moral of the story, always do opposite of what /biz/ does.

[Anonymous No.23641562]

>>23641530
Did he just become our guy? Remember when richard didnt talk to us for 6 months

[Anonymous No.23641575]

>>23641530
Kekked audibly.

[Anonymous No.23642014]

NEW THREAD!!!
>>23642004
>>23642004
>>23642004
>>23642004
NEW THREAD!!!