/biz/ - Business & Finance

[Anonymous No.25583256]

Seeing that there's a ton of panic around this token, i figured id share some genuine advice.

Anon, what are the two things you look for in an altcoin that would have high potential? One is a low market cap. The other is a visible development team. Does LCX have both of these? Yes.

Next question: does LCX offer anything useful? This is a basic economics question. The answer is yes: conglomeration of multiple dexs, of which allows limit orders on uniswap, and governance capabilities.

Now since no anons on biz have actually started a business before: why do you think retail stores, casinos, and web-based businesses have "soft" launches? It's because hiccups happen that no one could anticipate.

You know where this is going. LCX is a long term hold. It's likely itll go to 10-12c eom. Maybe even by next week. And there's no telling what the rest of this year will bring with it. They're going after binance ffs. try to think with more vision before panic selling. This has great fundamentals and is a very solid heavy swing, maybe even the best swing since chainlink. If you can't see that, then you're clearly a newfag or just haven't learned enough from your loss sells.

Relax, go do something else with your time, and don't sell. When this moons, you'll be glad you held.

[Anonymous No.25583336]

>>25583256
Totally agree.

[Anonymous No.25583352]

newfags needed to hear this

[Anonymous No.25583389]

LCX is my number one long term hold in 2021. It has a product.

[Anonymous No.25583455]

>>25583352
i love biz because i can't seem to find another hub of communication for crypto besides shady twitter corners. but the main fault this board has is the singleminded obsession with it. find a good project, put a swing stack in it, then go do something else. even just getting a second part time job would be more useful for most of the guys on here because it would force them to stop looking at charts all day. don't waste your life waiting for the pump. do your due diligence, cross reference heavily, when you make a swing, go as hard as you can. then go do something else with your time that will help you as a person.

[Anonymous No.25583461]

/biz/ LCX hopium posts are keeping me from selling. You faggots better be right. This is one of my only underperformers right now

[Anonymous No.25583520]

>>25583461
link is mine

[Anonymous No.25583566]

>>25583520
it shouldn't be

[Anonymous No.25583565]

>>25583461
its not even hopium. its just plain facts. take your emotions out of it. objectively look at what lcx offers. then go compare with the BNB chart and the timeline of development that Binance had. do you see the similarities between the two? there's a lot.

think 5 years from now what this will have brought. 3-4 years ago BNB was a shitcoin and binance another shady chink network. the good news with this you can probably get a huge profit just from a year (or less most likely.)

just be patient, and don't start at charts all day. good fundamentals > hypetrain anyday. and all the fud ive seen is low quality and doesn't acknowledge the facts of the project.

[Anonymous No.25583649]

>>25583256
I am very excited about lcx, but I wouldnt mind if anon sold me their bags for what is still real cheap
if binance has been around for 3 years and the BNB token is at 40 dollars, then it could easily grow as long as the platform does its job right

[Anonymous No.25583787]

am i the only one using the exchange? i'm buying the tokens for the actual gas fees right now
it actually hurts my trading more if htese prices go up
I'm doing good in ETH right now but i agree this is my long term

[Anonymous No.25583826]

>>25583787
its not even been 24h anon. go do something else. you won't get good signals as to how the xchange is doing until a few weeks from now at best.

[Anonymous No.25583859]

>>25583520
>>25583566
LINK has been stuck in some gay $10-$13 trap for a while now. Very annoying.

>>25583565
Good advice anon. It’s dipped since I bought in so I may take your advice and buy more.

[Anonymous No.25583890]

>>25583826
that president election shit is going down tomorrow
I'm going to be on guard for 24 hours to see what i can get on the cheaps if anyone panics during results or protests there should be at least one good dip tomorrow somewhere

[Anonymous No.25583893]

No matter what anybody says, I'm all in. Never have I have been so sure about anything. Even if I lose, I win.

[Anonymous No.25583983]

>>25583256
Bump for realness

[Anonymous No.25584009]

Nothing has made me lose more money than staring at 1 minute candles. Buy and forget.

[Anonymous No.25584036]

>>25583256
>visible development team
You get to see the owners / stakeholders
All of the developers are in India

[Anonymous No.25584057]

>>25584009
Agreed.

>>25583256
Don't forget there are millions behind this project, regardless of /biz/ involvement. Millions of real Swiss Francs.

[Anonymous No.25584064]

>>25583859
>>25583890
>>25583893
good looks lads. ill be right there with you. im waiting for a nice dip too. i have not been this energetic or solid on a project since chainlink. even if lcx isn't massively popular, it opened the door to a whole new way to look at exhanges and that won't go unnoticed: using one interface to interact with multiple dexs. this idea is a massive development that will change the space, and for the foreseeable future lcx is the market entrant and dominant for providing such a product.

it literally is as simple as don't sell. and if you really want to sell for some reason, just don't sell at a loss. whether or not the price is low is only a matter of the time reference in your head (provided fundamentals are there ofc.)

[Anonymous No.25584076]

>>25583256
new fag here, I want in on this shit. Have only used uphold and robinhood. How does a retard transfer cash to LCX?

[Anonymous No.25584136]

>>25584076
don't buy this shit, get btc, eth and link.

[Anonymous No.25584145]

>>25584076
get eth -> metamask -> swap eth for lcx. i don't recommend the lcx xchange because it literally just dropped. there will be kinks they need to work out. let other saps get in on it so they can troubleshoot them at their expense (you'll see the pink wojaks on biz when this happens ofc cause people don't think about these things.)

so just use uni for now. eat the gas fees. yes they suck but it's the cost of playing the game for the current state of the sphere.

[Anonymous No.25584149]

>>25584136
have em, I just wanna increase my odds here

[Anonymous No.25584180]

>>25584076
Your wait times will probably be long, but that's good because it will give you time to think over the decision and evaluate price movement. I don't have it, but there's a graphic of the Coinbase -> Uniswap process and I'm sure someone else will post it. I think this project is legit but be very careful with putting your money into *anything* in crypto.

[Anonymous No.25584261]

>>25583455
Yes /biz/ is here for you

[Anonymous No.25584277]

>>25584180
Yeah getting into this unfamiliar territory feels pretty risky. Robinhood just feels so streamlined and safe. Wish I could just use it for everything.

[Anonymous No.25584281]

if this matters to anyone: from what I see on twitter, a lot of people are bullish on lcx despite the dip. this is a good mentality to have. if you wade through the contest posts, you can see this yourself with $lcx in the search bar.

[Anonymous No.25584300]

>>25583565
I tried the website and the fucking thing hardly works.
I get its a softlaunch but AAAAAAAAAAAAA

Even if it goes to 0 I will hold it, just cuz.

[Anonymous No.25584331]

>>25584277
this right here is exactly why the lcx exchange will work in the long run. millions of people feel the same way: they see all the stories and see all the activity. but they are barred from the market because of clunky processes. lcx is the first offering of some kind of streamlining for people to get in. it's clear as day to anyone who has been in this sphere and made a few trades that were successful.

[Anonymous No.25584339]

>>25584277
Don't believe that Robinhood is safe either, though. Almost all markets are manipulated and carry inherent risk, but right now cash is trash so equity and other asset classes are booming.

[Anonymous No.25584364]

>>25583256
I've zero doubt, my fellow intellectual. Wishing you the best.

[Anonymous No.25584427]

guys wtf is this? https://www.youtube.com/watch?v=POG68-SXIsY

[Anonymous No.25584457]

>>25584057

Youd think if there was unlimited money behind this they could afford non-pajeet team.

[Anonymous No.25584502]

>>25584427
A shitty marketing video made by the next grand globohomo bankotron9000.

[Anonymous No.25584507]

>>25584427
This has been fudded so hard that I've listened to it enough times to be ok with it. Tbh the normie market is completely uncaptured and this stuff is bait for them. Unironically a good anthem if the coin takes off. The video is bad though.

DISRUPT INNOVATE AND DELIVER

[Anonymous No.25584511]

>>25584427
this is a great example of the low-quality fud. yes this video is a disaster. and i still have no idea what they were thinking when they thought this was a good idea. but this anon doesn't have anything to actually say about the project. it's just LOL MEME song (which the song's hilarious imo can't wait to spam it during the pump)

it's almost as if the masses are incapable of getting into the details of how things work, or seeing the bigger picture beyond immediate price movements. to anons reading this, don't be like this anon.

[Anonymous No.25584535]

>>25584427
cringe but talented

[Anonymous No.25584551]

>>25584507
STEAL YOUR BAGS REAL FULL LIKE A NIGGER

[Anonymous No.25584575]

>>25584457
Look, every large bank and corporation uses pajeet or ukranian coders these days. This is Luxoft's whole business model: https://en.wikipedia.org/wiki/Luxoft.. The thing is that unless you're developing groundbreaking stuff, CRUD technology is enough and pajeets have coded CRUD apps thousands of times over. Until you hit real scale, you don't need more. It would be a waste of money.

Biggest thing here is getting platform usage.

[Anonymous No.25584578]

>>25584277
Get a wallet then buy thru uni-swap then just hold in your wallet

[Anonymous No.25584597]

>>25584427
gonna spam this when LCX 10x

[Anonymous No.25584600]

shills adopted new tactic today, have fun getting pump and dumped faggots

[Anonymous No.25584603]

>>25584551
kek

[Anonymous No.25584611]

>>25584427
like a rivurrrr

[Anonymous No.25584636]

>>25584551
kek

why the tik tok dancers though? And I wan't to see some LCX dubbed over 1984 memes, especially where they hold the X solute to big brother, would make it if I knew how to make memes>>25584535
>>25584511
>>25584507
>>25584502
>>25584457
>>25584427
https://youtu.be/ej5Z8f8-DcQ

[Anonymous No.25584657]

Ok guys, should I dump some pnk to buy 30k of these?

[Anonymous No.25584711]

>>25584427
This makes me wanna sell lol

[Anonymous No.25584737]

>>25584636
That's a brilliant idea

>>25584657
STINKY PNKY. Both pajeet projects if we go by /biz/. Your choice.

[Anonymous No.25584761]

my cropping skills are shit and idgaf how to do it properly. lcx bros this is our frame of reference for this year.

source: https://www.cryptoryancy.com/a-history-of-binance-a-complete-overview-of-everything-to-know/

you can use this as a case study to compare lcx too: lcx isn't as well-known as binance, so it probably won't perform as well as BNB did or the xchange itself in the same timeframe. but it's entirely reasonable to expect the xchange and token to be something way bigger in value in 45 days and in 165 days.

[Anonymous No.25584832]

>>25584761
>inb4 this wasn't lcx's ico.
yes that's correct. but because of the failed partnership monty and crew had with the chink, the timeline got extended to where we are now. i know there was some legality bs that occurred with that and i don't know full details. but having to take public gas off the project pedal because of CZ being a bitch isn't out of the realm of probability.

[Anonymous No.25584881]

>>25583256
Ayo hol' up
Ain't that the exodus wallet logo?

[Anonymous No.25584913]

>>25584611
yo the lyrics got me dying it's not bad

[Anonymous No.25584947]

Buy buidl

[Anonymous No.25584949]

>>25584657
I’m in both

[Anonymous No.25584962]

>>25584711
it can go either way some people see it as bullish some see it as fud. I'm bullish.

[Anonymous No.25585041]

DESU I thought Binance was a scam before I got into crypto. Even the name Binance sounds dumb.

[Anonymous No.25585064]

>>25583256
>https://platform.d-core.net/wp-content/uploads/2020/04/20.4.20-LCX-Final.pdf

Read the above link, and know scientifically WHY you got scammed.

[Anonymous No.25585099]

>>25585064
I would say its a rich kid vanity project and less of a scam.

[Anonymous No.25585320]

>>25583256

[Anonymous No.25585457]

>>25585064
>16th January 2020

kys

[Anonymous No.25585508]

>>25585064
>if LCX manages to execute its ideas successfully, the resulting product can be incredibly useful for financial professionals.
bullish on this, they see clearly.

>our researchers are not aware of any company attempting to release so many products within on solution
this makes them a monopolist of useful UI conglomeration, which is a huge barrier to entry for many consumers who have a low willingness-to-pay in crypto markets.

>poor roadmap
they have stated that official marketing efforts wouldn't start until after xchange launch. what noobs in business think is that the plan is 100% correct to what will happen. in actuality, plans adjust based on territory as needed. a "vague" roadmap doesn't imply scam, it just implies parameters for what the objective is in that larger timeframe.

>the project's advisors are undoubtedly very competent and able to help improve the development of it. There have not been any controversial events involving the advisors, aside from a single event on Twitter between CZ and Metzger.
which not makes sense why the unrevealed advisor is undoubtedly Brian Armstrong. If CZ dipped who do you think they would turn to in order to develop a new exchange?

[Anonymous No.25585569]

>>25583256

[Anonymous No.25585604]

>>25585508
Agreed. No legitimate startup company has fixed roadmaps more than 6 months out. Until product-market fit is found, it's impossible to say. LCX seems to be testing many different potential product/market-fit options, and they will go with what works. This is essentially an investment in a well-funded startup.

[Anonymous No.25585623]

>>25583256
Nigger

[Anonymous No.25585655]

>>25583256
N

[Anonymous No.25585666]

whoever made good gains from the LCX pump and dump, reply in my thread
>>25585073

[Anonymous No.25585731]

>>25585655
>>25585623
really weak fud my man

[Anonymous No.25585793]

>>25584578
any recommendation?

[Anonymous No.25585854]

>>25585666
trips of satan

[Anonymous No.25585880]

>>25585508
now* makes sense**

>no track record of Monty's success
just read his linkedin

>LCX is not a Decentralized Autonomous Organization but rather a private company
so they have a face and a name. two huge components for determining if something is or isn't a scam. this also means they have accountability if the project goes south (the company will lose all support, funding, and tons of bad PR for the whole team affecting their future value working elsewhere or starting other projects.)

>failed past projects by team's members
this is false. check their linkedins

>focus on too many products
as an idea this is correct. but they aren't developing them all simultaneously. they are on an 8 year timeline to fully release one at a time. they have singular sequential focus. not sporadic diverted focus.

>lack of meaningful partnerships
this is laughably incorrect. who wrote this report? lol

>token will always be valued at 0.10
yes, so there is still an absolute minimum to be made here.

>token burning
bullish for pricing

>LCX is a project that has already delivered results. Project has successfully reached its funding goals, and it is well into development.

>there partnership with Binance "fell apart"
no. working with chinks is impossible. anyone who actually has will tell you. they are literally the jews of asia. CZ pulled some greedy shit and monty said fuck you and left. guarantee this is how it happened. chinks have no qualms about shady undercutting of business partners and will do it for the smallest profit margin.

so according to your report, this is a good investment. and the reporters' "scientific" verification of a scam is their own bad opinions (not facts) as to what went down with CZ and measuring the credibility of partnerships. and this was a year ago. was this supposed to convince me?

did you read this?

did the reporters do any due diligence on the team at all?

this is low-tier cynical fud dressed up like a tranny trying to look professional.

[Anonymous No.25585909]

>>25585731
I don't know how to edit pictures, i used snapchat faggot

[Anonymous No.25585965]

>>25585880
My view is that it isn't a scam but a rich kid vanity project.

They have registered trademarks.

https://apps.llv.li/mronline/marke/enter/336917

[Anonymous No.25586030]

looking at etherscan, it looks the sellers are minnows who are panic selling and loosing money, with the occasional whale mixed in. probably got in a few weeks ago and is taking profits. this is not out of character for alt markets

[Anonymous No.25586594]

I bought this about three weeks ago. Was nice seeing the price spike, but this was to be expected. I bought with the intention to hold throughout 2021 and that's what I'll do. Still way up.

I'm expecting some announcements soon, maybe the first tokenization/STO

[Anonymous No.25587300]

>>25585793
metamask

[Anonymous No.25587305]

ngl i put some spare cash into it

nothing that would make me kms but will kinda sting if ill lose it all

Lessons learned if i do, no fucks given if ill go out of it slightly at +

[Anonymous No.25587859]

>>25584575
Exactly
Can I place orders? Yes
does the coin hold utility? yes(50% reduced trading fee)
That’s literally all that matters. I’m sure they’ll upgrade the platform as it evolves and more tokens get added

[Anonymous No.25588097]

>>25587859
Hold up, is this some what of a bnb coin for 2021. And if so, why would this exchance be adopted like binance. I can remember binances early days, it was a exchance where coins went to die.
I had plenty of opportunities to buy bnb under $1 but didn't.