/biz/ - Business & Finance

[Anonymous No.19007967]

/lg/ - Lition General - Dumped On Edition

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

>Technical Whitepaper (Hint look at who wrote it)
https://www.lition.io/docs/Lition_TechnicalWhitePaper.pdf

>Energy usecase
https://lition.de/

>Syndicated Loans usecase
https://medium.com/lition-blog/lition-and-volks-and-raiffeisenbank-vr-bank-cooperate-to-process-a-20-million-syndicated-loan-2ac55f688c59

>Sparwelt Partnership, ads now airing on German Television
https://medium.com/@mstephenw5/lition-enters-brand-partnership-with-sparwelt-rtl-to-drive-blockchain-powered-green-energy-badb2e2ac023

>SAP Partnership
https://www.youtube.com/watch?v=lXpBRHptyKk

>Buy on IDEX, burgers need to use a VPN or can try Hotbit
https://idex.market/eth/lit

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

>Block explorer
http://bcenergymainnetc.lition.io:22003/dashboard

Previous thread:
>>18989284

[Anonymous No.19008001]

What do we think about the team dumping on us? A lot of sell pressure now

[Anonymous No.19008003]

Financially ruined

[Anonymous No.19008016]

[Anonymous No.19008046]

>>19008016
Yes he admitted that they dumped on us and used the token bridge to sneak those tokens in
Is trust loss? Yes yes yes

[Anonymous No.19008061]

Still holding my 30k and feeling comfy, we’re still really up on the month and the bull market is just getting started

[Anonymous No.19008240]

>>19007967
NONONONONONO WHY DOES EVERYTHING I GO ALL IN ON TURN OUT TO BE SHIT. THE TEAM WON'T STOP DUMPING ON US. I AM IN RUINS RIGHT NOW AAAAAAAAAAARRHHHHGHH

[Anonymous No.19008387]

>>19008061
this but 20k here. "Team dumping" is just fud, it's perfectly fine to sell some tokens to fund. In fact long term it is a good thing that they put product & operations first and token economics second, but of course you short sighted retards here don't understand that. See you when you FOMO back in at 0.30

Main point is the product and use is good and already there so this shit will rise for sure

[Anonymous No.19008423]

>>19008240
damn dude if this how you react to bad fud and not 24/7 straight green lines you should get out of crypto

[Anonymous No.19008490]

>>19008387
Like many have stated, selling to fund the project is perfectly fine. What isn't fine is lying about it, trying to cover it up, and only owning up to it after people point it out. The dark cloud their actions put over what seemed like a promising project will haunt them forever, and I'm pretty bummed about it

[Anonymous No.19008598]

>>19008490
well I believe seeing it as them covering up the team dumping is already a fudders interpretation of events. Denying dumping is not lying since it's not dumping but legitimate spending. My faith in the project and the poeple running it hasn't been shaken and I'll ride this bad boy to the moon

[Anonymous No.19008619]

>>19008598
It isn't fud if it's true. When this started to come to light people like you screamed lies, fud, not true, its the binance bridge, they'd never do that etc. Now that it comes to light the allegations WERE true all of a sudden your tune changed to "Well they could dump if they want to"

[Anonymous No.19008722]

>>19008619
what's "true" is that the team sold tokens. Wht is fud is that they did it with a deliberate plan to do that all the time to make off of investors and not actually make us all money. And in my eyes it's still a great product rising with a model were investors, team and customers all make money. The use cases & match with contemporary (German) culture is beyond great so this shit's still as much a gem as it's ever been. But everyone can make their own interpretations of course

[Anonymous No.19008738]

>>19008598
I don't have a choice. Staked for 12 months yolo we shall see if it pays off. My weak hands would have sold with a loss today. Although I would go all in on stake xdai. I would have earned my losses back alrdy and more. Fuaaaaaark.

[Anonymous No.19008788]

AAAAAAAAAAAAAAAA GUYS SELL NOW! WE ARE GOING DOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOWN!

[mikefrommoon No.19008874]

DAILY REMAINDER: NOW CONFIRMED FROM THE TEAM ITSELF, SHITTION IS A SCAM COIN, THE TEAM ARE DUMPING THEIR TOKENS FROM THIS ADDRESS EVERYDAY IN IDEX
>https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x014f808b7d4b6f58be5fef88002d5028cd0ed14b

>https://imgur.com/a/rWVGexU

for archiving purpose and easy access i will post my old findings so everyone know the truths about the nazi scammer Richard and his team
>>18897550
>>18897611
>>18900922
>>18901472
>>18901612
>>18919921
>>18920783
>>18924650
>>18926842
>>18927888
>>18929368
>>18936794
>>18937734
>>18945086
>>18945977
>>18946317
>>18947001
>>18947046
>>18947251
>>18963583
>>18965377
>>18966392
>>18971261
>>18971475
>>18971560
>>18972298
>>18972598
>>18974860
>>18976847
>>18976885
>>18981268
>>18990463
>>18990893
>>18990959
>>18991204

oh no more lit general??? hahahahaha SCAM EXPOSED, can't lie or dump your tokens anymore you nazi Richtard

>>18994215
>they lied about who is selling which means they also lied in the past and banned me from telegram for exposing them
>ECOSYSTEM are supposed to be rewards for stakers, at this rate there will rest nothing for you staker idiots
>they sold 5millions and another 5millions waiting to be market sold in the coming days from ECOSYSTEM tokens after they said they don't need anymore money to run their company and locked and burned their own tokens
>they claim their company is successful and making money but here we are seeing them selling 600,000$ worth of tokens
>only 1 year passed from ico and they already runout of ether to finance their blockchain expenses without forgeting they are still in beta and have 1 developer to pay hahahaha such big expenses
>they need that money to pay operating costs but the thing is :1500ether are still in all those wallet untouched for weeks, muh operating expenses ooga booga

(1/2)

[mikefrommoon No.19008883]

>>19008874

what do you think will happen when they run out of tokens to sell before they fix their blockchain and start making money from it???
what will happen when they don't have anymore money to pay patricio before he can fix the consensus?????
THEY WILL DECLARE BANKRUPCY LIKE MOST OF THE 2017 ICO SCAMMERS

ethereum is still running years after the ico despite they still don't have any real usecase until now and they still don't generate any real money, you know why??? because of the minting that keep miners from switching to other blockchains, when the nazi team sell all of the ecosystem tokens they will have no more money to pay anyone and no more tokens rewards for stakers
GET REKT TO EVERYONE WHO CALLED ME A FUDDER, YOU PIECE OF SHIT YOU DESERVE TO LOSE ALL YOUR MONEY

>telegram pajeets accused me of lying and fudding even with tangible proves from a trustless blockchains and made some blatant excuse like the bep2 bullshit
>telegram pajeets are still defending this scam and making more excuse like they hurr need money to run the company durr and ooga those tokens are reward for stakers booga
you can't make this shit up

(2/2)

[Anonymous No.19008884]

It is not dumping... it was announced that the circulating supply will be increased step by step. and it's okay to sell them. it would be stupid to donate them for free to people, because then those people wold really dump those tokens on us.
btw. its clever to send them to the token bridge because then they're able to get the token directly to both chains in case its needed. that saves a lot of tx-fees in times like now when eth seems congested.

[Anonymous No.19008901]

>>19008883
>>19008874

Cool story ftp. Still wont sell my tokens to you cuck

[Anonymous No.19008902]

>>19008883
Yeah you exposed them thanks for your service you're not needed anymore.

[mikefrommoon No.19009040]

>>19008387
>>19008423
>>19008598
>>19008722
>the team dumping is already a fudders interpretation of events
look at this telegram pajeet he is still defending the nazi liars with more lies
>hurr they need money to cover their summer vacation durr
where did the ico money go??? did they already spent everything they got from fake early investors??? didn't they rise millions of dollars??? the ico was only 1year ago

they are paying the lition .de tv ads (energy company) with the blockchain money hahahaha isn't supposed to be payed from the successful energy company money aka lition .de????


we really live in a clown world

[Anonymous No.19009073]

>>19009040
>nazi liars

[Anonymous No.19009082]

heard less than positive things about this team, this is just icing on the cake i need to get out

[Anonymous No.19009084]

Is it too late to get on this? How much is a make it stack, how much is a suicide stack?

[Anonymous No.19009109]

>>19009084
Make it 100k
Comfy 50k
Suicide 10k

[Anonymous No.19009116]

>>19009082
Hello 1 post by this ID
What did you hear about the team?

[Anonymous No.19009132]

>>19008874
Daily reminder that when the same retard keeps spitting this level of spergefud on one of the most legit investments out there right now, he's just trying to get cheap 100k stacks in

[Anonymous No.19009160]

>>19009084
now's exactly the god time to buy the dip. 5k is minimum for staking pool

[Anonymous No.19009166]

>>19009132
The team is literally dumping it every day, I don't think anyone needs to fud to buy cheaper lol when the team is already doing that

[Anonymous No.19009180]

>>19008901
Cuz you staked them like the little cuck you are fucking lmao

[Anonymous No.19009220]

>>19009166
>>19009180

You think? Think again cuck. Imagine STILL creating new IDs to FUD and whine like a little bitch HAHAHA

[Anonymous No.19009223]

>>19009180
>1 post by this ID

>>19009160
I rounded up my stake to 50k. I feel good now, I'll just relax and profit.

[Anonymous No.19009251]

>>19009116
heard they have a mediocre team. Plus this dishonesty not great about selling tokens. Could be a good project i dunno

[mikefrommoon No.19009279]

>>19009166
let them shill all they want, they are 0.01$ pajeets for hire from india, you're just wasting your time responding to them, thank god they can't ban me here like they did in telegram, oh how i love democracy in 4chan

>he want to get them cheap
no keep your shittion to yourself, im sure the team will announce some imaginary partnership in the coming days so everyone can forget that this even happened, not surprising when stakers and pajeets have a brain of a monkey

>>19009180
literally what i was going to say

[Anonymous No.19009312]

>>19009251
>Heard less than positive things about this team
>The team is mediocre

Pick one, brainlet.

>>19009279
Kek. Crying like a bitch because you cannot speak like a human being. Colour me shocked.

[Anonymous No.19009332]

>>19009251
blockchain wise perhaps but with respect to their main usecase they are pretty good.
Many crypto projects might have a good infrastructure but if they don't know how to get adoption going you can just sit around and wait forever before price starts to rise.
They're going to take the European energy market by storm.
With respect to the early goal of 234000 households by late 2022, Richard responded in the most arrogant way a german autist can.
You can bet they're going to get 500000 households easily by then.
And 2022 is not the end of the road.
In a decade they might be the biggest player on the German market.

[Anonymous No.19009338]

>>19009332
Damn, wrong pic

[Anonymous No.19009444]

>>19009279
>no keep your shittion

Ranjeesh you need to be a bit more consistent with your fud, two days ago you told us that if you acted this way it was to create pressure on the team since you wanted answers because you had a big bag yourself.

[Anonymous No.19009512]

>>19009338
based and litpilled

[mikefrommoon No.19009588]

>>19009251
>>19009332
don't listen to this pajeet idiot shill, like what you heard the team who allegedly rised 5 millions dollars 1year ago from ico are dumping millions of token every week, do you think this is normal for a company to run out of money that quick? where is the ico money? they didn't even launch their product yet.
in your opinion what will happen when they don't have anymore tokens to sell???
someone said earlier that the soon the team sell everything they have the better hahahahahahaha who will pay patricio then??? where will the money come from to pay for all the operating costs???

THEY WILL DECLARE BANKRUPTCY LIKE MOST OF THE 2017 ICO SCAMMERS
this scammers is just another failing company slapping the blockchain name in their company name just to get some free extra money to buy a House or a Ferrari before they declare bankruptcy and co-found another company in other sector, rinse and repeat until you magically succeed

[Anonymous No.19009673]

>>19009588
>S-SIRS I SWEAR THERE IS A VISHNU ON THE BLOCKCHAIN SIRS! DONT BUY!!! I WANT TO SAVE RANDOM PEOPLE LIKE YOU I SWEARS SIRS

[Anonymous No.19009679]

>>19009588

But anon, they're backed by real customers using their shit.

Of course it would be totally different if they didn't have that.

[Anonymous No.19009693]

>>19009673
You're speaking like you have a leg to stand on while this guy "fudding" has been totally correct so far, team has been dishonest, just accept it and sell or baghold and pray

[Anonymous No.19009696]

>>19009588
>2020
>still thinking that writing in capslock and "hahahaha's" make you cool

whatever man enjoy you cycle of FOMO'ing into meme coins at high price and panic selling lower at the slightest dip while I cash in on my solid long term investments

[Anonymous No.19009699]

>>19009693
>You're speaking like you have a leg to stand on while this guy "fudding" has been totally correct so far, team has been dishonest, just accept it and sell or baghold and pray

[mikefrommoon No.19009709]

>>19009444
>wow it take you 2seconds to sell everything
their response made me realize this is a confirmed exit scam in the making so i sold most of my bag
a team who burned through 5millions dollars ico money in only one year will not still be here when btc crash in the summer
and also let not forget that the team didn't know about the existence of delays between nodes over the internet
you can't make this shit up even if you try hard

[Anonymous No.19009721]

>>19009693

They responded as soon as they were asked about it, you can believe their explanation or not though, that's up to you. Nonetheless, they're backed by serious companies and have customers using their shit, I mean on what world is that a scam.

[Anonymous No.19009825]

>>19009709
You truly are a special kind of retard. I hope you sold with losses. Never meant to make it.

[mikefrommoon No.19009843]

>>19009679
>they're backed by real customers using their shit.
so they are making money, can you tell me why do they need to sell that amount of tokens in that little time then??? does this make sense to you?

>oh look we have 5 millions $ from ico and our company is profitable but let us sell the community tokens first to pay our expenses

>>19009673
>>19009696
>>19009699
monkeys go to your telegram containment chamber, you have no right to be here trying to fool other anons into buying your bags, all of you monkeys were screaming "you're fudding to buy cheap the team is legit" and even after the team admitted dumping millions of tokens you still defend them like loyal dogs
i will be here everytime you create a new thread to warn any potential new victim from falling into your scam, we had enough of your scams

[Anonymous No.19009894]

Dont know what to believe anymore. This is one of the reasons I staked for 12 months. No way to change my opinion about this now.

[Anonymous No.19009901]

>>19009843
>monkeys go to your telegram containment chamber, you have no right to be here trying to fool other anons into buying your bags, all of you monkeys were screaming "you're fudding to buy cheap the team is legit" and even after the team admitted dumping millions of tokens you still defend them like loyal dogs
i will be here everytime you create a new thread to warn any potential new victim from falling into your scam, we had enough of your scams

HAHAHA and now you are apparently a moralfag, huh? Damn man you are such a nice person! Pic is (You) obviously

By the way...have you ever thought about the possibilty that they needed MORE money in their current situation which they couldnt have waited for? Fucking retard I swear.

[Anonymous No.19009907]

>>19009843


Tbh this is legit shit. I feel bad atm

[Anonymous No.19010126]

>>19009040
>where did the ico money go??? did they already spent everything they got from fake early investors??? didn't they rise millions of dollars??? the ico was only 1year ago
>they are paying the lition .de tv ads (energy company) with the blockchain money hahahaha isn't supposed to be payed from the successful energy company money aka lition .de????
These are valid questions and deserve to be anwsered. The point about the ICO money is true. Where the fuck have they spent 5 million dollars if they have to dump millions of tokens onto the market to cover their costs after one year?
They only have a small dev team working on the blockchain anyway.

I still do think the use cases for the Lit blockchain are valid and have great potential, but the way the team goes around conducting some of this shit is very unprofessional and sketchy.

[Anonymous No.19010144]

The funny thing is that I dumped my bag on IDEX after seeing this thread and bought the STAKE dips with my profits kek thanks Litfags

[Anonymous No.19010149]

>>19009907
>>19009894

Time will tell.

I think some people are making a big deal over something not that significant, really. Wow they sold some tokens cause they needed some funds, scam alert!!111!ONE!!

Why would this "scam" have a company backing them and actual clients and shit? It doesnt make sense that they'd be scamming people. For fucks sake.

[Anonymous No.19010197]

I just want to say that I love you guys and I love Lition. We're gonna make it.

[mikefrommoon No.19010289]

>>19009894
>>19009907
as you said you can't do shit now so your only option is to wait for the team next move, will they sell more or announce some good shit

for me i lost all fate on them, giving stakers insane % rewards to incentivize them to stake so they can't sell when they find out the team is pulling an exitscam, announcing team token burn and saying they don't need more money at this moment because their company is profitable, they lied multiple times about the tokens coming from the bridge, they used the ecosystem tokens their owns and many many more other lies


ok im reading their medium post about the team token burn announecemnt and found new proves of the team lies:
https://medium.com/lition-blog/lition-burns-75-of-team-tokens-as-their-part-of-seed-investor-lockup-extension-deal-29-5m-lit-df12faa5a43c

>posted feb/13/2020, only 3 months ago
>Ecosystem tokens were originally intended for general uses such as developer incentives, blockchain tests, sidechain creation/bootstrapping, and other activities. As we have reached an advanced stage of the project, most of these activities requiring token payments will only increase inflation and negatively affect the token economy and price. We have therefore decided to cut the unnecessary part of the ecosystem vault. We are confident that we will continue to develop and reach greater heights using best financial practices and prudent expenditure. However, where there is need for tokens, the open market will serve as the primary source of purchases.

>most of these activities requiring token payments are not needed anymore
>We are confident that we have enough money to pay the expenses
>However where there is need for tokens, we will buy lition from exchanges like idex

how can a human being say so much lies in one little paragraph and pretend everything is ok
this shit is more funny the more you dig dipper, and all of this are public infos you can check, no one know what is really happening behind closed doors

[Anonymous No.19010357]

>>19010289
>most of these activities requiring token payments are not needed anymore
>most

>Ecosystem tokens were originally intended for general uses such as developer incentives, blockchain tests, sidechain creation/bootstrapping, and other activities

The desperation is deep in this one. They literally sold the ECOSYSTEM token to fund stuff related to the ECOSYSTEM. But ye obviously a scam lmfao SELL SELL SELL


>this shit is more funny the more you dig dipper
>dipper

The more I dig through your posts the more I think that you are Jowdy, the vodkanigger.
TL;DR: Bought at around 0,22$ and sold for 1-3 cents. Since then he has a personal vendeta against Lition and everyone hates him.

[Anonymous No.19010389]

Rewards are in lads.

>tfw more than yesterday and saturday

>>19010289
>giving stakers insane % rewards to incentivize them to stake so they can't sell when they find out the team is pulling an exitscam
This has always been the plan for the genesis phase, it's not like they suddenly decided to give high rewards to prepare an "exit scam". And as someone else said Why would this "scam" have a company backing them and actual clients and shit?

>announcing team token burn
Hasn't this been done? Why burn team tokens if you are scaming?

>saying they don't need more money at this moment because their company is profitable
Where did they say that? Besides, the company can be profitable yet need more money (from ecosystem tokens pool) to develop further.

>they used the ecosystem tokens their owns
Yes? How is that an issue?

[mikefrommoon No.19010410]

>>19010289
>Ecosystem tokens are not needed anymore
>2 months later they proceed to sell millions of Ecosystem tokens

>selling Ecosystem tokens will negatively affect the token economy and price
>2 months later they proceed to sell millions of Ecosystem tokens

[Anonymous No.19010712]

>>19010410
yeah dude we got scammed, goddamit!! now you can go XD

[Anonymous No.19011198]

>>19010357
>The more I dig through your posts the more I think that you are Jowdy, the vodkanigger.
>TL;DR: Bought at around 0,22$ and sold for 1-3 cents. Since then he has a personal vendeta against Lition and everyone hates him.


That explains a lot.

[Anonymous No.19011243]

>>19010389
If only rewards were like picrelated.
Mine are very stable. +0.5% higher than those a week ago.

[Anonymous No.19011307]

>>19009673
>>19009699
>>19009901
checked and kekd.

[Anonymous No.19011669]

bumping thread, because europoors are awake now.

[Anonymous No.19011718]

>>19007967
It's a scam and is going to zero. Every point a team is selling marks ultimate top and coin dumps to zero after. LTC, CHX good examples.

[Anonymous No.19011831]

>>19011718
Can you retard atleast TRY and write in proper understandable english? I would welcome that, Markus/Jowdy. :)

[Anonymous No.19012092]

Are there still people THAT dumb to still be in this after getting DUMPED on by the team? The same team who tried to use the bridge to fool their userbase? Most pajeets here didn't get it, but it's common knowledge now.

[Anonymous No.19012176]

>>19010389
It's not a scam but they're taking advantage of the stupidity of their users. For instance they never promised anything about how long the genesys phase will last, it has always been TBD... And now that they burned or DUMPED the ecosystem pool the genesys phase is about to end, the staking returns will be MUCH lower. Can't wait to see people realizing how dumb they are.

[Anonymous No.19012183]

>>19012092

Did you sell Link as soon as Sergey started to sell the 700k? Is Link a scam?

You brainlet.

[Anonymous No.19012226]

>>19012176
...means we are using ALL transactions from the energy usecase. Cool shit since we get MORE rewards because of that. 1/8

[Anonymous No.19012444]

>>19012226
You can't be serious. Do you even know why the genesys phase is a thing? Please educate yourself on the white paper and the medium posts on staking. We are not even on mainnet and most transactions are tests.

[Anonymous No.19012484]

>>19008061
I have the same amount. Only crypto I hold. Mostly boomer stocks outside of this.

[Anonymous No.19012503]

>>19010357
Hahaha yes he is jowdy, I used the check the telegram regularly a few months ago.

And yes he got rekt and wanted to buy back but it never reached the price where he wanted to buy back and now it bounced without him hahaha

[Anonymous No.19012535]

Jowdy is still around? Actually kinda sad

[Anonymous No.19012573]

>>19012444
I know why the GENESIS phase was implemented since I am holding almost two years. You on the other hand cannot even spell GENESIS , retard. 0/8, you are insulting my intelligence.


>>19012503
>>19012535

He very rarely speeks in the channels now. I BTFO'd a fuckton of his made threads here on /biz/ and I enjoyed every single one of them. Its like having a bloodlust for horribly stupid and negative people. ;)

[Anonymous No.19012631]

HEIL RICHARD LOHWASSE!

[Anonymous No.19012649]

>>19012573
Also idk why would people be mad if the team are selling some of their tokens, they burned 70% of their tokens already.

If they sell to buy actual useful stuff than I am all for it, they bought ads on national television ffs, how many other blockchain company went that far?

[Anonymous No.19012732]

>>19012649
This exactly! New buyers simply bought because LIT was pumping but havent red their tokenomics and how certain badges of tokens are being used for. In this case ECOSYSTEM tokens were sold to further the operations of the ECOSYSTEM. It is no fucking black magic. But Markus and his crew of VPN and Telegram niggers want to make the price drop since his bitchass hasnt had enough cheap LITTIES already.

[Anonymous No.19012804]

>>19012732
Telegram niggers!

[Anonymous No.19012838]

>>19012732
Not sure how it will drop back too much, if it drop to 0.05 usd ill probably get another 100k.

If I think like this most probably other people are thinking the same, we will see

[Anonymous No.19012878]

>>19012631
Ein Volk
Ein Reich
Ein Energie Blockchain

[Anonymous No.19012902]

>>19012838
Already bought 10k this morning. If the price drops to 0,06 $ I will double my stack (60k).

[Anonymous No.19012955]

Anyone else waiting for sub 5 cents to buy a bigger bag?

[Anonymous No.19012971]

>>19012955
Everyone ITT.

[Anonymous No.19013009]

>>19012971
Which means that once it's around 0.05, all you anons are buy and make it shoot back to 0.1 right? Too bad I'm a poor fag and only possess 20 ETH. I will make it some other day. I hope LIT succeeds. It's one of the few legit coins out there and its success would boost crypto's reputation as a whole.

[Anonymous No.19013015]

>>19012955
im getting paid in two weeks so im gonna buy around 15k more then.

[Anonymous No.19013045]

Btw, out of curiosity anons, if I do manage to be in a position to buy around december (at which point LIT might be $1, then what would be the make it stack? and by make it I mean cashing out 1 million dollars in 2022 /23...

[Anonymous No.19013086]

>>19013015
Same anon.

[Anonymous No.19013206]

Sergay sells 700k every week and biz doesn't give a shit. ecosystem coins always end up getting sold on the market desu

[Anonymous No.19013207]

>>19013009
>only possess 20 ETH
It's not that bad, you can get around 50k LIT, that's quite comfy already and you would get something like 70 LIT a day as reward if you stake for 12 months. With a 0.1$ price that would already be 210 $/month for you. Don't wait to long, it's already low enough to get some, you never know when the price will rise.

>>19013045
>around december (at which point LIT might be $1
I don't know for others but I can't see it soaring like this. It's a long term hold, it will get more and more value with the company growth (bigger passive income) and more use cases are implement (gdpr compliance is a huge asset in that regard). 1$ eoy looks a bit huge in my opinion. Make it stack is probably 100k, but for 2022/23 I don't think so.

[Anonymous No.19013320]

>>19013207
Yeah, thanks anon. And yes I do have 20k LIT right now. It's just that I'm trying to throw my ETH around RPL and such to kinda increase my stack and few months later invest all that into LIT. Also, I am ready to HODL till 2025. No issues. Good things take time. All the best to you too.

[Anonymous No.19013574]

>>19013045
probably no going to be that high eoy, LIT is more of a long term hold, but might be 0.50ish. Moonwill rather be once besides the energy company other use cases take of too

[Anonymous No.19013605]

>>19013574
Yes, it's long term indeed. Thanks.

[Anonymous No.19013606]

>>19010149
Going forward and telling the community that you're selling would likely cause a further decrease in price, so quietly selling over a long period of time is the ideal way to do it. Also, just because they have a successful business doesn't mean that they don't need extra cash. They're still in very early stages and probably need quick cash to invest in something that would increase growth.

[Anonymous No.19013615]

>>19012573
>I know why the GENESIS phase was implemented since I am holding almost two years.
Then you should know we are not ready to use only transaction fees for rewards.. That's the whole point of the genesis phase, and that's why ecosystem tokens were needed. Too bad the team decided to cash out at the peak

[Anonymous No.19013656]

>>19013606
I mean they only have Patricio as developer and it's clearly not enough, they need funds to invest more on R&D

[Anonymous No.19013720]

>>19007967
where the fuck can i buy some.
its not in binance

[Anonymous No.19013739]

>>19013656
they've more developers. is it too hard for you to visit their page and dyor?

lition.io/about.php

[Anonymous No.19013799]

Imagine still buying this shitty pnd from a year ago. The sell pressure is going to be absurd past 10 cents from people trying to recoup their losses from buying in at 20 or 30 cents.

[Anonymous No.19013805]

a good advice of an old crypto-investor that has seen some shit and lots of good things: don't listen to this organized FUD of a konwn group. it's their typical sceme:
- spread massively FUD in oreder to suppress the price,
- buy in (have you seen the 200ETH buywall yesterday and all the other buy ins?)
- shill the project with new "alts" on twitter
- dump on all at a high price

Lition is legit af in Germany, you'll go immediatedly to jail if you're actually really scamming people. ...and SAP woudn't risk with such a small cap their reputation.

Lition is a true gem, the token is needed in their ecosystem to get shit done on every (upcoming) sidechain, from Q3 on as a payment-option for your electricity - or gas-bill with a discount.

Having a license to sell gas and electricity is a license to print money in germany.

Listen to their AMA, read their Whitepaper and their Medium-Posts and dont fall for wannabe-crybabies posting here anonymously shit. Ecosystem-Tokens are meant to be sold. The Circulation Supply has to be increased step by step - read the medium articles.

some are really interested in getting in low. dig that.

their recent sell - no(!) dump - of ecosystem-tokens will benefit the ecosystem sooner or later. have you ever heard of NDAs? Be cautios if you've signed such a contract, they include really high fines for the case you're breaking the NDA. But wannacry-babies don't want to realize this.

... and regarding Mark: He's the gateway between the community and the team. He's not able to know everything instantly. He has admitted that he didn't know that the ecosystem-tokens were sold via the tokenbridge. Thats okay.

TL;DR: The team should communicate a bit more in terms of selling tokens, it's legit to sell tokens, the ecosystem needs funds (theyre called ecosystem tokens since ICO), selling gas and electricity is a license to print money, the LIT-Token is crucial for their ecosystem with all the (upcoming sidechains). thank me in 1-2 years.

[Anonymous No.19013808]

>>19013739
Look at their github, retard

[Anonymous No.19013857]

>>19013808
the one that uploads has not always to be the one who has actually programming it.

>> retard
thank you for showing that you're a kiddo.

[Anonymous No.19013881]

>>19013615
Can you atleast try to FUD and make sense at the same time? What the FUCK do you want to tell me with your broken ass english, motherfucker?

>EHR DUUUHHH WE IN BETA. WE CANNOT COMPREHEND ALL TRANSACTIUNZ MANE

God fucking damn it please be bait.

[Anonymous No.19014011]

>>19013881
So you lack reading comprehension, as expected. Go back and read slowly, put some effort, you can do it!

[Anonymous No.19014043]

>>19013857
Dude if they have enough people and STILL fuck up their deadlines it looks even worse for the project. According to the roadmap they had to fix the consensus issue by Q1 2020.

[Anonymous No.19014048]

>>19013720
IDEX. Use a VPN if you're a burger.

[Anonymous No.19014080]

>>19014011
I still see a fucked up grammatical structure in your sentences. Not worth discussing anything with you lol.

[Anonymous No.19014098]

>>19013805
Thanks for educating the masses.

[Anonymous No.19014150]

>>19014098
you're welcome and enjoy your gains. =)

[Anonymous No.19014212]

>>19014080
You have no arguments. Anyone can check the documents I mentioned, so I don't give a fuck about discussing with you, anyone can easily find out you're a clown.

[Anonymous No.19014264]

>>19014080
He's still right. Falling back on his his typing doesn't mean shit.

[mikefrommoon No.19014296]

>>19013606
>They're still in very early stages and probably need quick cash to invest in something that would increase growth

where did the 5 millions $ ico money go??? why don't they use that fund ???? did they use it all in less than 1 year??? can anyone answer this simple question you mongols

[Anonymous No.19014311]

>>19014264
Except he isnt, 1 post by this ID.
>>19014212
Cool story there, kid. Wanna tell me another? :^)
Try a true story this time doe.

[Anonymous No.19014456]

>>19014296
>where did the 5 millions $ ico money go??? why don't they use that fund ???? did they use it all in less than 1 year???

You've already been answered by two different people ITT you utter cretin.

>Besides, the company can be profitable yet need more money (from ecosystem tokens pool) to develop further.

>Also, just because they have a successful business doesn't mean that they don't need extra cash. They're still in very early stages and probably need quick cash to invest in something that would increase growth.

Nobody will eat your fud Markus-Jowdy, save all of us you included some time and stop posting.

[mikefrommoon No.19014477]

>>19014311
>>19014296
how about this true story you piece of crap clown
where did the 5 millions $ go???

>pajeet clown:thay niid maney to pey patrisio the clown dancer
you're defending a team selling not even their tokens but the ecosystem tokens for their own benefits after they exhausted all their ico money maybe in weed and hookers

[Anonymous No.19014537]

>>19014456
Could you please link who addressed the ico money question ITT, just checking in on the general as I always do and cant find it. Thanks.

Also to the OP, have sex.

[Anonymous No.19014551]

>>19014477
You need to find a better way to spend your time, man. I know you're bitter about losing money, but you need to get a hobby or something. You're creating so much negativity for yourself.

[Anonymous No.19014574]

>>19014477
Hmmmm...the TV ad, development for almost 3 years, staff and devs and new hires...damn I dont know man. Selling my 140k just as I'm typing.

[Anonymous No.19014615]

hey fucking retards do you realize whats happened since you've been making these shill threads?
the token has DUMPED. how about you stop, shut the fuck up, pack your lunch money bags away, and let it grow organically. fucking kids ruin everything.

[Anonymous No.19014669]

>>19014537
The anons I quoted were >>19010389 and >>19013606. I don't think they were referring to an official answer given by Lition, just making a very basic guess about why a company could need to sell more tokens after ICO. And this guess basically is that they sold ecosystem tokens to fund the ecosystem's operation, they may need extra cash to develop even further.

[Anonymous No.19014825]

>>19014669
I'm just speculating. The other potential reason is that Lition has unsustainable typical operating costs, which I find unlikely considering they recently hired more people, are rapidly expanding, and are set to expand much more rapidly than even that following television commercials. Honestly this is probably one of the best times to buy. I see all signs pointing to nothing but immense growth soon. Also I am >>19013606, just had an ID change.

[Anonymous No.19015134]

>>19014825
I know that was speculation, and I share it. To me it's Occam's razor.

1) They need more money to develop further but they fucked up their communication
or
2) The German team running an active energy company with 1000's of customers, which is in a partnership with SAP and which just launched a 7 figures ad together with Sparwelt is preparing an exit scam by making max 1 million to share between several people we're getting fucked sell sell SELL

Yeah, I'll go with 1.

[Anonymous No.19015663]

Got 300k of these fuckers... what can i expect in a year

[mikefrommoon No.19015681]

>https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0xdfb33d5c9c01e477f0a1a74199fd85ae84db5cac

enjoy your scamcoin

[Anonymous No.19015730]

>>19014825
People need to learn that there are multiple entities.

There is Lition Energie AG, a company that does the energy business and gets money from customers that buy energy through them. This company uses a service (the Lition Blockchain) which is provided to them by a different entity: Lition Technology AG.
This latter entity generates money from staking or selling Lition tokens available to them and though intellectual property rights over usecases for their blockchain that they have come up with.

Funds from Lition Energie AG arent interchangable with funds from Lition Technology AG.

[Anonymous No.19015743]

>>19015663
Approximately 260-340k USD conservatively.
By the way retards.
>>19014212
>>19014264
>>19015681

Team just officially confirmed that the sold tokens were used to further development. Who is the retard now huh? Lying fucking niggers.

[Anonymous No.19015804]

Team also confirmed they wont be selling anymore tokens in medium-term, whatever that means

[Anonymous No.19015844]

>>19015663

[Anonymous No.19016093]

>>19013805
Could you spoonfeed more?

Why is the token necessary?

What makes lition unique? Where does the company get its profit in the future?

[mikefrommoon No.19016131]

>>19015743
>sold tokens were used to further development
>the 1500ether are still there untouched
ah i see they are still lying

>>19015804
>they wont be selling anymore tokens in medium-term
they didn't choose to stop selling, i forced them to do that by exposing their lies everyday
people don't know what its coming in june
as a friendly advice: sell your shittion before the end of june even if you still believe in the team success, you will thank me in august when you triple your previous bags

[Anonymous No.19016162]

How does the coin value raise? What's the current demand for it?

[Anonymous No.19016306]

>>19016131
which address has the ether?

[Anonymous No.19016380]

>>19015743
>Team just officially confirmed that the sold tokens were used to further development. Who is the retard now huh? Lying fucking niggers.

Which means they don't have enough saved enough for further development, which also means...

FURTHER SELLING = PRICE SUPRESSION

[Anonymous No.19016450]

>>19016380
That doesnt mean that retard lol

[Anonymous No.19016516]

>>19015663
Litborghiniland man.

[Anonymous No.19016541]

>>19015844
I like it mate but im thinking the Porsche tuycan is more practical with the 4 doors and the cheaper insurance and tax

[Anonymous No.19016657]

>>19016131
Hold on that's a really good point, why dump their own token and not their ethereum? Almost as if they'd rather hold the one that has more value. Jesus this gets worse as it goes

[Anonymous No.19016696]

>>19016131

>i forced them to do that

The delusion of grandeur is mooning

[Anonymous No.19016704]

>>19016657
you idiot, first you have to sell LIT to get ETH, thats where the ETH came from

[Anonymous No.19016797]

>>19016704


Thats whats he is saying faggot. Hes saying they traded their lit tokens for eth and holding those expecting to raise value..

[Anonymous No.19016850]

>>19016516
THank you anon

[Anonymous No.19016853]

>>19016797
Lol exactly. It's like selling your own companies shares to invest in someone else. Hardly breeds confidence

[Anonymous No.19016877]

>>19016797
you probably cant cash out into fiat as easily with lit so they convert it to eth to cash out.

[Anonymous No.19016891]

I dont care what the reason is.. They can do whatever they want. I'll grab my bicycle and my gopro and fking livestream the whole ride to stomb their faces. Srs. B


Only if you faggots put a donation whilst im riding. Every donation will count for X amount of miles/km's. It's only 500km total so its easy and legit doable.

So np you guys will get what you payed for.

[Anonymous No.19016903]

>>19016797
>WHAAAAT? THE TEAM IS EXPECTING ETH TO BE MORE WORTH THAN AN ALTCOIN JUST BEFORE HALVENING??? THEY ARE SELLING THEIR ECOSYSTEM TOKENS (that they are ALLOWED to sell) NOW TO GET MORE VALUE OUT OF THEM?! POTTERY!

Also

>1 PoSt By ThIs Id

followed by getting his dick sucked by a 2 posts by this ID poster which just recently started posting ITT...HMMMMMMMMMMMMMMMMMMMMMMMMM

[Anonymous No.19016974]

True. But if you needed cash instantly you would sell the ETH. Looks like they dont need the cash instantly. This doesnt mean shit to be honest..so there is still alot of hope left.


Hearing that they hired extra employees and having a commercial makes things look bright.

I still have hopes for the project. Only time will tell.

[Anonymous No.19016984]

Truth is, the team knew that 0.1 was a good price to sell the ecosystem tokens. They knew it was a good opportunity to get some funds. In a sense it's shady, but totally understandable.
But it tells us that in the short/mid term, 0.1 is the "higher end" of what LIT can achieve. Which is fine but it's also a hint of what the team believe in terms of the LIT token value.

The ratio of selling LIT now instead of in a few months when the project has made progress and is likely to be higher VERSUS the current need of funds was rather clear to them, as again they are unlikely to have spend the 5millions raised in ICO.