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

/biz/ - Business & Finance


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29527695 No.29527695 [Reply] [Original]

i am forgotten

>> No.29527783

>>29527695
Unironically a good thing while we accumulate.

>> No.29527899
File: 231 KB, 1000x1000, 1611497079377.png [View same] [iqdb] [saucenao] [google]
29527899

inb4 fake green text fud about Rick fucking some pornstar live on twitch, him having any connection with Mark Karpeles of MtGox and his lead engineer having prostate cancer.

>> No.29528016

>>29527899
Let them have their fud, its going to be a real laugh to us when we'll be rolling into our divies in a few years.

>> No.29528047
File: 127 KB, 866x1300, 69214136-skeleton-sitting-in-white-chair-against-white-wall.jpg [View same] [iqdb] [saucenao] [google]
29528047

> TFW I'm getting paid on Monday so I have to stare at dip recovering without being able to buy more

I have 66k but damn it hurts, wanted to round it up to 70k

>> No.29528219
File: 359 KB, 2048x1536, EuSg3ONXMAc3t30.jpg [View same] [iqdb] [saucenao] [google]
29528219

>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.
>The whole process of having three different tokens (native, ERC-20, and BEP-2) is confusing and unnecessary.
>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.

>> No.29528274
File: 1.35 MB, 1234x818, 1591306598824.png [View same] [iqdb] [saucenao] [google]
29528274

>Rick made a short livestream after the pornstar incident and admitted he's had trouble keeping his porn addiction under control and has been spending his days jerking off to Brenna Sparks lately. (he was clearly drunk and high during the livestream)
>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 and is likely to pass away this year
>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
>It's been proven that the team shares and publishes misleading information about the number of staked tokens and daily transactions
>They recently hired a XVG twitter shill to be their spokesperson and marketing advisor
>They also dumped 500k LTO on Binance a few days ago and were caught red-handed
>Pic related is >>29527899 working as a freelance to shill LTO
If 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.

>> No.29528293

>>29527695
Hopefully forgotten until my next paycheck.

>> No.29528320
File: 48 KB, 528x562, 1613254385555.png [View same] [iqdb] [saucenao] [google]
29528320

>>29528219
>>29528274

> If 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.

>> No.29528343

I saw Rick at a grocery store in Amsterdam yesterday. I told him how cool it was to meet him in person, but I didn’t want to be a douche and bother him and ask him for photos or anything. He said, “Oh, like you’re doing now?” I was taken aback, and all I could say was “Huh?” but he kept cutting me off and going “huh? huh? huh?” and closing his hand shut in front of my face. I walked away and continued with my shopping, and I heard him chuckle as I walked off. When I came to pay for my stuff up front I saw him trying to walk out the doors with like fifteen Milky Ways in his hands without paying.
The girl at the counter was very nice about it and professional, and was like “Sir, you need to pay for those first.” At first he kept pretending to be tired and not hear her, but eventually turned back around and brought them to the counter.
When she took one of the bars and started scanning it multiple times, he stopped her and told her to scan them each individually “to prevent any electrical infetterence,” and then turned around and winked at me. I don’t even think that’s a word. After she scanned each bar and put them in a bag and started to say the price, he kept interrupting her by yawning really loudly.

>> No.29528363

>>29527899
Well, at least you beat that trannie fudder.
>>29528219
>>29528274

>> No.29528400

>>29528219
>>29528274

this fud gets more and more bullish

>> No.29528454

>>29528219
>>29528274
i love how its always the same guy posting FUD

>> No.29528791

>>29528454
It's like clockwork. He never sleeps. He see's every LTO post 24/7.

>> No.29529441

Heres why you shouldn't buy 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.
>The whole process of having three different tokens (native, ERC-20, and BEP-2) is confusing and unnecessary.
>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.

>> No.29529804

>>29528219
>The whole process of having three different tokens (native, ERC-20, and BEP-2) is confusing and unnecessary.
I know this is all fake fud, but this was actually pretty innovative of LTO. They were on Binance Chain 2 years ago.

>> No.29529874

Still holding LTO despite the dip. Only a 5k stacklet but i'm feeling good about it