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You have bought some LTO already right anon? A-Anon???
>>28382591Please don't give LTO the same reputation as /biz/ shitcoins by posting stupid shit like this
>>28383599Biz will has close to 0 impact on the volume of this coin. You are either on the ride or not
I have a bag but idk what would cause this to moon other than general alt hype t b h.
>>28382591why should i buy this shit instead of avax?
>>28383794Read all the LTO generals from 30th jan onwards. Oh its going to moon alright. Altstreetsbets reddit ama on monday with LTO team. The herd arrive monday.
>>28383873Because we did the math, you have to do the math to understand why LTO started to get noticed after 30th jan.
>>28383794Take a look at its marketcap vs the other cryptos in the same transaction ballpark. I can't feed you any more than this.https://coinstats.network/
>>28382591I only bought this because the team behind LTO is Dutch, and I'm Dutch. Such a comfy hold. Thanks fellow country bros. I'll keep holding my 5K stack in support.
>>28384100checkt and baste
Stop shilling I’m still accumulating on Binance
>>28384014Oh I know, I just mean that idk of anything specific on the roadmap that would send this flying
isnt there a Dusk partnership too? Ill be honest I just fomoed into API3 over this but I noticed my faggot exchange has them both listed and want to get some LTO as well. Whats a suicide stack of this?
OFCJUST LET THE GIGA CORPS PUMP MY BAGS
wow very professionali'm thinking about dumping, LTO has proven to be underwhelming
>>28384651>TFW we are the 10% passive
>>28384672Dump it, you're bag will be eaten like pussy. YNGMI
>>28384818i made almost x5 on my money buying REEF under a cent and SPARTA at 0.23.i bought LTO at the same time at 0.17 and barely did a x2, while it was intially my biggest investment of the 3, it's now my lowest holding
>>28384940Dump it then if it’s not working for you
>>28384940no patience lolsell for more Reef then nobody gives a fuck whether youre in or not
oy vey, whats a sui stack?
>>28385035we'll see how it goes>>28385060this bullrun won't last eternally
Imagine buying this and worrying about what x the coin has done. You shouldn't be selling this anon.Has anyone actually done the full math? I'm too dumb to work it out other than knowing I'm feeling comfy.Figure you need the following for the full math:Price, supply, txn rate, fee cost, token burn, apr - what am I missing?Does anyone actually know how to calculate the apr? There's some online calcs so assuming it's documented somewhere?
>>28385071Sui 15k make it 55k according to riddler.
>>28385071If this coin does a x10 from here, that places it at around 60th place with a MC of $900 million. That gives you $3 a coin. So you tell me. What’s your suicide stack?
lel are u pajeet?
>>28385264Im with you, i still dont think we have finished the math. Riddler somehow figured out 55k is make it stack to live off apy and he hinted at LTO $100 minimum. Hes done some math we have yet to do.
>>28385509Rick says hes aiming for top 20 MC. Gonna be a comfy ride.
New riddler screencap
Thanks I bought and it suddenly 15%. Rode that wave to the sellwall for a quick hundred
>>28386325>for a quick hundredjesus...
>>28385088you know. now im not even madthanks for stoking the fire
>>28386325Have you done the math?
Called it kekTa genius
Riddler kept saying "WHO bought it", WHO owns it?" Big Dick Rick to announce World Health Organisation partnership q3, thnx riddler.
>>28387028Chainlink related? Is it the epiphany? Linkers pile into LTO?
>>28387358LTO hits 500$ eoy
>>28385433>>28385488based dubs and ty anonsIll try and get there next few weeks anonst. wagie waiting for other shit to moon>>28385509im guessing $3USD so beabout $3.80 AUD for me. Ill aim for 10k minimum. I just seen my exchange listen this recently so want to start buying in. Thanks for being based /biz/
EL TIO IS PLEASEDCONTINUE IN YOUR PLEASURE EL TIOCOMPLETE! COMPLETE! COMPLETE!
>>28387762Well looking at supply LTO is going to be thin on the ground.
>>28387028nooo no nohe was referring to the business model that the clients will pump our bags>>28384651who buys it -> clients / integrators
50c LTO today please
I'm pretty sure this will go to 2 billion dollar market cap eventually.
Conservative EOY estimates?
>>28388819If rick gets into top 20 MC like hes aiming for then your estimate is too low.>>28390597
When will this dump so I can fill my bags ffs, been waiting for days
>>28392095I just DCA to whatever the price is, I'm not expecting major dumps.
>>28392095Shoulda bought at .30>>28392199this is the way
so how confident is everyone here about this?
>>28392434As confident as I was about GRT at 30 cents.
>>28392434Unironically that's the comfiest hold in the crypto game right now.
>>28392434my entire networth is in lto lol
>>28392095Those who did the math are now leasing their LTO forever. Its in the math.
they said to me - we want to see best nft app after it they show this rubbish WTF WRONG WITH YOU, DON’T ASK ME TO INVEST IN THIS TRASH > I am genius enough to get how this system works - my purse is ready for playcent NFT and tokens and I am not an idiot who will miss $$$ chance
Think it'll dip down to 0.3 again I'm not done filling my bags
>>28393146who knows man. who knows
I'm not overly familiar with this project, but it seems like they have some focus in data sharing under GPDR? Cause that reminds me a lot of this short presentation given at CBS (statistics netherlands) a few years ago. They have petabytes of data on the Dutch population and they wanted ways to share those for research purposes, without risking data leaks and such, and they were looking into blockchain. Wonder if there's any connection.
>>28393146Yeah people who have it just for money will still sell >>28393472That's their whole idea, create verifiable IDs on the blockchain while it still being anonymous/not-public. They have it on Q2 in their roadmap
NO IM SO CLOSE TO GETTING MY MAKE IT STACK GO BACK DOWN YOU SHIT STOP BUYING NOOOOOOOOOOOOO
Bros what the hell just happened heheheheheheheeeeee
Just bought another 50k. Is 100k a make it stack or do I need more?
>>28396173100k is plantation owner stack.
>>28395946>BTC pumps Everything dumps>BTC dumpsEverything dumps
>>28396398I hope so bro. If I have to keep wageslaving I'll probably kms
LTO is a low tier shitcoin with a copycat L1 chain and shit ass 'partnerships'. Muh UN. They have hundreds of blockchain initiatives, thats what they are - initiatives. for a fucking non profit organization. weeeee. Thanks Rick, shit munching dutch stoner. He can't give a presentation or even type a coherent AMA session.
Looking for something new, please tell me this isn’t a crab coin? My PRQ and XMR bags are so heavy, I’m missing the bullrun due to crabbing
>>28382591>eats pussyBeta.You fuck it, oral is for women.
>>28396671try harder plz, i too want to buy more>>28396712if you want x10 overnight this isnt the coin. this is a slow and steady rise to the top over the course of years. go gamble in shitcoins if you want to get rich quick
>>28396712this is a crab coin
>>28396832i wanted to believe you. but there is nothing better than 69ng with my girl and then fucking the shit out of her. sorry dude. maybe if you are ONLY eating pussy and not getting head also. i agree with you its not something you do with a stranger.
>>28396981Nah. Low cap coins always moon suddenly up to a point where suddenly everyone realize its a thing and suddenly want in. Because there is little competition against real projects in the top 200 in market share. It could just race to the top 50 or top 40.
>>28396981At 100million MC it could easily 10x in the next 6 months. All we need is a US exchange listing and some exposure.
>>28390597$1 minimum. This shit is safe, literally generating more real income than half of the top 20s
>>28397154Fucking basedDid exactly that 2 nights ago with my gf too
>>28397086How long for? What is its current true value?
>>28396173How much do you have in total so far?>t. 27k stacklet
>Everything pumps +30%>LTO pumps a mere 10%And more reasons why you shouldn't put your money in LTO :>CEO is known for scamming and pathological lying, has spent most of his childhood in psychiatric hospitals>The issuance of the ERC-20 LTO tokens have a tradeable asset versus the staking asset. This could certainly flag the ERC-20 LTO token as a security at the SEC, and the resulting measures taken against the LTO Network would be anything but good. T>The whole process of having three different tokens (native, ERC-20, and BEP-2) is confusing and punnecessary.>The team claim to have been working on it for 6 years but their website was created 2 years ago>LTO is centralized, slow, and the tokenomics are unsustainable if the price gets higher than $0.5 as it would force clients to pay much more than if they were using a regular a regular company.>They are using IBM cloud to host empty PDF files and claim they have a partnership with IBM>The token was only created to get funds in the ICO and could easily be replaced by a stablecoin>Their only real partner is the government of Afghanistan, which has the 7th lowest GDP per capita of the entire world in 2020 according to the IMF>Most if not all of their marketing budget goes into paying pajeets to shill their scam on /biz/ and Telegram>There's no proof that all 60 clients LTO has are paying customers and the team didn't offer a free or discounted trial run to boost their numbers to make LTO more appealing to investors.>In fact the CEO explained several times that they are giving free tokens to companies to try out their system, and you wouldn't know if these companies stopped using LTO and their transactions were replaced by fake ones.
>IOTA will be able to perform LTO's entire usecase for free. LTO is a fork of waves which offers no real innovation and will be replaced by IOTA>CEO is a long time friend of Jed McCaleb and Mark Karpelès, he was the mastermind behind the rise and fall of Mt. Gox>Most members in the team are trainees with no experience, only the Lead Architect is talented but he was diagnosed with prostate cancer last month>The parent company of LTO, Firm24 has lost customers and is close to bankruptcy after a scandal involving 2 employees who participated in child trafficking>Pic related is OP, working as a freelance to shill LTOIf you are a newfag and wonder if you should buy LTO or not, do yourself a favor and use filters to hide every LTO thread. Do not listen to the paid shills ITT unless you want to end up broke.
>>28399323>>28399223Thanks for doing the needful, I need to accumulate more.
>>28386257Take your meds
>>28388089Wtf? How is that not a Ponzi scheme?
>>28399595>>28399673Deluded bagholders can't see they are getting scammed by a basic ponzi scheme, it's actually pretty sad to see
>>28399223>>28399323t. chose vidt over lto and got KEKED
>>28399673>>28399804how much vidt you poor bastards holding?
>>28398216Not a lot of upswing there, anon
>>28399223Wasn't the founder a tax lawyer originally? Doing accounting for business, then started his own IT firm selling legal stuff online and then deciding to go blockchain with the help of some big business. Im not sure, but I remember something like that.
>>28401818he was an M&A lawyer
>>28400373I'm assuming the market crashes at EOY. LTO will stay strong because of it's companies buying it
>>28401818>>28401925I also studied tax law in the Netherlands and then founded my own IT business. Thats one of the reasons why I like him. Dont know him any further.
>>28402130Its just a funny coincidence.
>>28397086>this is a crab cointhat's not how you spell 'shrimp'
Wagmi chadsBig cup and handle on btc pair
>>28382591>LETS FUCKING GOOOOOO
A coin that is already heavily used and saving time and money for countless companies.U N F U D D A B L Ehttps://www.youtube.com/watch?v=pU3KzHsPvSAIf you want to make a quick buck, don't bother.If you got paper hands, don't bother.We are in it for the long run.We're all gonna make it.
>>28399223If you can actually proof any of this with links, documents or whatever it may even work
>>28399323Source for cancer fud
>>28399323I reviewed most of your claimsA lot of partial truths. Can’t find any evidence ceo is a scumbag. Can’t find any cancer references with the lead architect. Most of the team looks senior level.Marketing was 44% of the privately raised funds were allocated to “sales and marketing”. Which is an obvious path because they are selling a business solution. Doesn’t mean they are shilling biz lmaoThey have plenty of real partners, I’m not sure how you concluded Afghanistan is the only legit one.The tokenomics are discussed more in depth than any ive ever seen. I do have slight concerns about the price rising, but if the product is legit and companies review the tokenomics I think it makes sense to onboard even at higher prices given then incentives for using themAlso the “tradeable” tokens have nothing to do with making it “more confusing”. If you want just use LTO mainnet. If you want to buy on a dex you can use the src-20 version. Plenty of coins do this.
>>28382591holy shit I love LTO
>>28396712>>28397086we crabbing now
Idk there was just a fuck ton of accumulation the last month. I don’t think we gonna be crabbing, we in price discovery
>>28382591smells like rotten milk in here
>>28408472blue cheese is a gourmet food indeedmade straight from the nipples of pic related
Just started leasing on Xeno. Do I have to log in every Sunday to re-lease or is it automatic?
>>28382591And sold it today for Reef.
>>28409105your first payout isn't going to reflect what you'll typically see since it takes ~16hrs for your lease to mature on the node. That being said, its counterproductive to lease small amounts due to the lease fee, best to wait until you generate around 400 tokens
>>28409105It is not automatic. However, ideally you'll want to wait for the balance to accumulate to around 400 LTO before you restake because there is a 1 LTO fee.
>>28382591this is cringe
>>28409105Automatic. Saturday reward pops as a transfer. You should lease your rewards when you accumulate over 400 to offset the 1LTO token fee for leasing.
>>28409282The lease fee is 1 LTO. It's really negligible since you will make that back with almost any amount of leased tokens.
>>28404164LMAO, crypto tards and cringey videos are like bread and butter
>>28409526Sorry, forgot that not everybody has 600k+ LTO.
>>28384587>DuskDefinitely still a partnership, should hear more once more details about Dusks securities exchange starts coming out.
Is there still timeI don't want to be buying the top here
>>28409282>>28409365>>28409395 Thanks guys. I'll re-lease my earnings monthly then.
>>2841073610x EOY, your choice anon.
>>28410904Assuming no total market crash, I believe you mean 30x sir.
>>28410904I'll settle for even a 3xThis does seem to be a solid project with good fundamentals, and it's still at a low mcapI'm just worried I might be getting in at the wrong time
Todays gonna be a good day ath feels
just loaded up more:) 40k now
feels good to have developed diamond hands for this coin 6 digit hell here I come
When people expect the apy to drop in order to stop people from trying to benefit off staking as the price increases, does this necessarily mean the apy has to drop as low as 1%? Could it be at 2% at 100$ a token? Buying enough to make a living at 100$ at 2% isn't viable either. Is there a mathematical reason the apy has to go as low as 1%(or lower)
>>28415583If txs keep increasing the APY should stay relatively higher. What lowers is the fee, in tokens, so fiat stays the same for network client.
>>28410736You obviously havent done the math.
>>28415583APY has been 6-7% since LTO was as low as 2 cents, so these kinds of returns will likely continue as the network expands exponentially. I expect APY to begin to fall in proportion to the degree that exponential expansion of the network falls and starts to stabilize. There is no way to predict how far APY will fall. However, at that stage the vast majority of LTO will be held by the actual users of the network and they will have majority voting power. APY will fall to the level where "Net-Zero" is maintained. To the degree that this means you won't be able to live off the APY because your stack is too small, well, that's not what LTO cares about. LTO isn't for retail, its for institutions. This is why it is so imperative to accumulate a large stack early on, so that even falling APY's still yield nominal amounts of dividends that are quite significant.
>>28415583Also, pic related.
>>28416886But could it be the case that the majority holders don't want any APY or will businesses still benefit in some way from it?
>>28411427>still sub $100 mil mkcap>thinks he's late
>>28417585There has to be APY or else the network is subject to DDoS attacks. There has to be a cost to transacting for network security.
Just bought because it's Dutch and I'm eating a kapsalon right nowEOW lads??
>>28417585Businesses pay which is where that APY comes from. Businesses can have their own stacks staking to receive APY from the transactions they and others make, technically "getting paid to pay bills".
>>28417819perhaps another 5 cents
>>28417911I'll take it, at least it's better than a crabbing ethlfg bros
>>28382591Het Amsterdamse LTO Network maakte bij de lancering van de cryptomunt LTO gebruik van de diensten van een adviseur, maar weigerde daar achteraf voor te betalen. Van de rechter moet het cryptobedrijf alsnog over de brug komen.You are investing in a shitcoin that hired an advisor at launch and refused to pay him lol
>>28382591I just jumped on the LTO train with a small bag of 800. Any hopium for me?
>>28418349You’ll make a decent stack, enough to flip
>>28417747>>28417852So could it be the case that the biggest bag holders don't want to vote to lower APY? Sorry I'm brainlet so it can be hard to grasp. Is lowering the cost of the transactions = lowering the APY? Because if transaction cost goes up due to the value of the token, wouldn't they want more APY? Or if they lower the cost of a transaction, why would they also want to lower the APY as a percentage? Fuck it I'm probably not making sense, I'll hodl
>>28382591i would not buy a shitcoin if the admins talk like that lol
Just bought in so you can all thank me for the incoming dumpNo hard feelings guys
>>28418729I'm basically just looking for hopium that if I can work up to a 40k bag will it be enough to live off passives essentially
>>28418729>So could it be the case that the biggest bag holders don't want to vote to lower APY?No because higher fees would make clients not use the network which would lower transactions which would lower APY.The vote won't be on APY but on transaction token price. Lowering transaction token price would lower APY, but lowering transaction token price would promote more transactions, which rises APY. So my guess is it'll rise from where we are until we hit $1 per transaction which is what clients told the team they're ok with, then APY might lower as token price rises but not much if there are a lot of transactions in the network.
>>28418729>>28418729The problem is that there are massive economic incentives built in actual users of the network being the biggest bag holders...the end game will likely be that only 10-20% of the supply is held by none users of the network who are just passively staking. That means the 80% majority necessary to vote for changes to the network will likely be held by the actual users of the network, not us passive stakers. The good news is that, at that point, those of us who still own LTO will be in a very strong bargining position as we will essentially be one of the primary sources of liquidity and supply...in other words, even if they vote to lower APY, the price they'll have to pay to buy the actual token from us will be within our control.
>>28418811It’s fake and cringe but other LTO threads have been good
>>28418811it's fake you dumby here is our chad in action
i have 16k usd should i buy into lto rn?
Kino i back on the menu
>>28421167Still sub $100mil mkcap bro...
>>28383957>>28383873If you're lazy:>>/biz/thread/S26888807>>/biz/thread/S26979754The riddler thread:>>/biz/thread/S27154819>>/biz/thread/S27251069>>/biz/thread/S27424821>>/biz/thread/S27702946>>/biz/thread/S27837476>>/biz/thread/S28003739
>>28392434$50 in cash, $14k in LTO confident
love all of youwagmi together LTO chadswe found the right investment
>>28421167Is water wet
>>28399323*yawn*ERC20 token is used in liquidity farm too (uniswap) as well as needed in the VIDT staking platform if you want to do a bit of a boost. So your claim is false.ERC-20 and BEP2 made it easier to get listed in earlier stages (lowering exchange listing thresholds), now Binance and Bitmax have integrated mainnet.website has relaunched a few times. Work in the early days was done under the name of LegalthingsOne, but as they branched out of their intended notary aims, they rebranded to LTO Network to show they are building an ecosystem.Their partnership with IBM is on Internet of Environments, which still needs to scale up due to delays with covid, and IBM Watson, who are involved in the usecase of speeding up jurisdiction processes.They need the coin to provide the public permissionless layer to secure their processes. Without economic incentive on the public layer that would not work (and they have one of the best value capture cycles in the cryptoverse)Marketing budget is used for all kinds of platforms, including youtubers, news websites, supporting new approach crypto transparency websites, but I've not seen them strike a deal with 4chan biz pajeets yet.Long story short: You're full of shit and are just looking to bring down the price because you have sold the top hoping to increase your stack. Weak FUD, time for you to fold and find a different job.It's not my fault you need more time to accumulate
37 cent stablecoin
>>28419344What price point does the cost of a transaction go above a dollar?
>>28422787More like sold the bottom pre-breakout
>>28424198$2.22, I believe. [0.35 fee + 0.1 burn = 0.45/$1 = $2.22]
>>28424198The price of a transaction is the equilibrium price that maximizes transaction cost profit (number tx times cost of tx). Nodes can vote to adjust the token costs of each transaction to reach this maximizing economic equilibrium. If the token price rises disproportionately then the amount of tokens each transaction costs will naturally decrease to keep a stable tx price. If measuring the tx price in dollars, the token price and tx price are relatively independent. The crazy part is, this creates a gigantic incentive for businesses and people to buy in early, because if they bought enough tokens at a cheap price such that the token cost of a transaction (in terms of how much they originally bought the token for) is less then the amount they're receiving in dividends from transactions (in terms of how much the token costs in the present moment), then they are making a profit from using the service because they bought in early, aka being paid to pay a bill. If they didn't buy in early, businesses can still end up practically using the service for free by reaching "net zero," where the transaction cost is roughly equal to dividends (which makes sense because tx costs go directly to dividends), and if there is any cost then they begin saving money in the long run when the amount they wouldve had to pay for not using the service otherwise would have been greater.
>>28424935its .35 fee, .1 burn .25 payout
>>28425160Ah okay so $2.86 token price = $1 transaction fee, which is what Rick says customers are currently willing to pay
Alright should I YOLO now or will it dip before a breakout?
>>28425797Yolo. A few cents won't matter in a month time anyway.
>>28426040Yeah ok, just sold my Solana for this. The BTC/LTO chart looks juicy AF.