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

/biz/ - Business & Finance

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22347781 No.22347781 [Reply] [Original]

Latest news:
>Mainnet on track for this month. "Everything is perfectly on time" says node tester.
>External nodes added. New blockchain explorer here http://bcenergymainnetc.lition.io:23003/dashboard
>Plebbit is on to us
https://www.reddit.com/r/CryptoMoonShots/comments/igwvgn/lition_8_million_dollar_market_cap_with_real_use/
>ColdFusion youtube channel namedrops Lition in relationship to the Microsoft Azure integration. 71k views in one day
https://youtu.be/_3gbo_NinT0?t=466
>SAP blog on integration with Ethereum mainnet. (not directly Lition related)
https://blogs.sap.com/2020/08/21/sap-integration-with-ethereum-mainnet/

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

>How To Buy?
https://idex.market/eth/lit
https://app.uniswap.org/#/swap?outputCurrency=0x763fa6806e1acf68130d2d0f0df754c93cc546b2
https://www.hotbit.io/exchange?symbol=LIT_ETH

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

>Staking Calculator
https://www.litionstaking.com/

>Lition Maker Energy Sidechain
http://bcenergymainnetc.lition.io:23003/dashboard

>Official Site
https://lition.io/

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

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

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

>Previous threads (newest to oldest)
*official /lg/s
>>22288742 *
>>22158706
>>22140227 *
>>22080268
>>22046713
>>22010537

>> No.22348209

>>22347781
>fake testnet running for days without any crash
>price still dumping
>no one is buying this scam
>only 40eth buy order in idex if we exclude the team low low fake buy orders
>idex 24h volume: 14eth
HAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHA SHITION WILL DIE END OF Q3


from buying a suicide stack to buying a suicide rope HAHAHAHAHAHAHAHAHAHA
>>22047228
>>22055261
>>22060930
>>22061774
>>22061822
>>22062227
>>22063489
>>22063760
>>22210610
>>22210701
>>22210761
>>22217458
>>22217587
>>22217861
>>22219164
>>22220835


>>21931685
>i will save this reply so i can tell you in the future "I TOLD YOU SO YOU PIECE OF A BRAINLET DONKEY EYES"

>> No.22348685

4 out of 5 community nodes operating.
Just Special Needs Adam still figuring out how to do it.

>> No.22349000

>>22348209
Hi Tron, how does it feel having sold at the bottom?

>> No.22349078

>>22348209
When was the last time you were let outside?

>> No.22349759

>>22348209
Bro this fud is weak, find something better. And it act slightly less insane, it will make it more credible

>> No.22349824
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22349824

Is the mainnet price already factored in? Does anyone genuinely believe it will cause an immediate pump?

>> No.22349974
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22349974

Also there is talk of low liquidity killing lition. A TG admin recently agreed that we could be entering a "death spiral". Is this true? And what can be done to solve the liquidity problem? And why hasn't it been solved already?

>> No.22349988

>>22349824
It's not priced in because maybe it fails again

>> No.22350064

>>22349974
Staking locks up a lot of tokens, not enough volume to choose providing liquidity over staking

>> No.22350089

>>22348685
>>22349824
>>22349974

>shizo rambling
Check
>concern-FUDing
Check
>Lies
Check


Found spenny/Sjon/HittingIt. Worthless cunts

>> No.22350141

>>22349824
No it's not, I'm waiting for mainnet to not fuckup before I double my stack

>> No.22350263
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22350263

>>22350089
>not lies
Check
>not answered by litfags
Check

>> No.22350354

>>22350263
This is not an admin who has any contact with the team you flamboyant faggot. That is a community member (whos running a trustnode) who got the admin role in the unofficial Lition trading channel. 1/8

>> No.22350375
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22350375

Ahh what a nice comfy lg thread with a beautiful new apu meme. Also the liquidity is low because of ethereum fees and idex raised minimum order to 1 eth right? Imagine if something big comes up and people are forced to fomo in, 20 eth clear the book for like 20$ gains kek

>> No.22350508

>>22350354
Irrelevant details. Maybe you should address the impending death spiral instead of talking shit.

>> No.22350606

>>22350508
Shut the fuck up you poorfag and read >>22350375

>IrReLaVaNt DeTaIlS
A normal admin would have had the contact to the team (aka insider info) to be considerd a realiable. He is not and joined the TG group at Dec 2019 iirc.
0/8

>> No.22350635

>>22350606
a reliable source*

>> No.22350661

>>22350508

What death spiral. The price is still the same in ETH as it was before Bitcoin shat itself.

>> No.22350804

>>22350606
>A normal admin would have had the contact to the team (aka insider info) to be considerd a realiable. He is not and joined the TG group at Dec 2019 iirc.
So you're saying he's a faggot

>> No.22350916

>>22349759
this

>> No.22350918

>>22350508
Kek, if this was any other shitcoins, the lack of liquidity would be worriesome.
But the partnerships and advisors are just too good for me to care about the current price action

>> No.22351292

Suicide stack is 5k right?

>> No.22351465
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22351465

>>22351292

>> No.22351542

>>22351465
fuck me

>> No.22351600

>>22351292
As long as you can stake it with the Lition Staking Pool you should be fine. You just need to hold/stake longer than us

>> No.22351725

>>22348209
I promise you this guy has a shitload of lit

>> No.22351898

>>22350375
So this is why there is no liquidity but it doesn't explain what the team is doing to avoid the death spiral.

>> No.22351966
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22351966

The fud has been called out.

>> No.22351999

>>22347781
Fucking die you god damn piece of shit

>> No.22352026

>>22351898
It just requires mainnet and more exchanges. That’s it
>>22351966
Kek

>> No.22352117

>>22351966
I don't get how it's fud?

>> No.22352192
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22352192

Just realised a suicide stack now costs $1,000 and that most no litters will be priced out once mainnet launches later this month

>> No.22352237
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22352237

>>22351966
Death spiral confirmed, shit

>> No.22352292

>>22352117
It isn't

>> No.22352386
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22352386

>>22352192
>>22351292
>>22351465

Let me say it once again
Suicide 5k ( minimum for staking)
Comfy 50k ( minimum for node)
Make it 100k

>> No.22352450

stacking a cool 7k lit by staking...
on top of my 380k stack now

Comfy.jpg

Just hope i get maxcomfy.jpg After mainnet

>> No.22352469

>>22352386
I have been staking my lit in the pool. Can you shill to me why getting 50k lit and a node would be worth it? Is it just that I get a better multiplier and I can stop staking my tokens anytime I like?

>> No.22352540
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22352540

>>22352469
Yes for now those are the two advantages I know of for now, I imagine there will be more advantages when multiple side chains exist I imagine you will be able to switch between chains to more returns. We will see

>> No.22352923

>>22347781
Is there a minimum req to run a node?

>> No.22352936

>>22352923
50k

>> No.22352959
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22352959

>>22352386
>>22352923
Fuck me I'm retarded.

>> No.22353021

>>22352540
>I imagine you will be able to switch between chains to more returns. We will see

That is true and you might get paid for swapping between usecases depending on who is creating/running the DAPP. I would guess that i.e. a trust node with a SAP-based usecase will have better rewards then trustnodes for the document validation usecase.

>> No.22353051

>>22352923
A normal node can be ran with only 1k (relay node). But I think there is not multiplier attached to your staking gains then.

>> No.22353875

>>22349974
>>22350508
>>22351898
>>22352237

Lmao "death spiral"? Use your brains you dumb retards. Low liquidity combined with the sudden spike in demand after mainnet launch is gonna cause this shit to pump so hard it'll blow your little dicks off.

>> No.22354156

>>22353875
They don't believe what they're saying anyways. They were just too dumb/poor to buy enough LIT when the time was right. Now they see that 9-10c is the bottom and they've been aggressively fudding to acquire more. I lean more towards them being stupid rather than poor because if they were smart they'd be able to come up with more convincing fud. Nobody who thought lit would fail would spend so much time fudding. It simply doesn't add up.

>> No.22354206
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22354206

>>22354156
This anon gets it and makes it

>> No.22354511
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22354511

>>22353875
Death spiral?
DEATH SPIRAL??????
NOOOOOOOOOOOOOOOOOOO
NOT MY LITTIES

>> No.22354765
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22354765

>>22354511
Fresh meme as nothing better to do with my life than this

>> No.22355028
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22355028

>>22354765
Fresh meme drop continues

>> No.22355392

>>22355028

LUL, he sure is no doctor of journalism, that's for sure!

>> No.22355453
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22355453

>>22355028

>> No.22355478
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22355478

>>22355453
That's all for now

>> No.22356168

bump

>> No.22356286

>>22356168
cool bro

>> No.22356841

Price predictions after mainnet?

Price predictions once your ready to sell and retire?

>> No.22356935

>>22356841
selling at 41.67€

>> No.22356948

>>22356841
100 million thousand$

>> No.22356954

>>22356935
You think this is hitting 40 dollars?? In how many years?

>> No.22356978

>>22356954
7

>> No.22357231

>>22356978
That's way too long

>> No.22357243

>>22356841
Confirmed in this thread mainnet already factored in so 10c

>> No.22357363

>>22356841
i would say anything between 0,5-0,9$

Could go higher.. depends on partnerships and how many tx’s they are Running on mainnet.. when will i sell? if it get’s to 10€ quick i will sell right away.. otherwise just kee staking, if they achieve what they want i could get up to 1000€/day easy, so i would’t need to sell my main stack ever

>> No.22357373

>>22357243
They might fuck up again so no

>> No.22357505

>>22357373
you might also fuck up and buy no more lits before stable mainnet.

>> No.22358372

>>22348685
why dont they replace him

>> No.22358454

>>22358372
Positive discrimination

>> No.22358889

>>22358454
litconnect.

>> No.22359056
File: 133 KB, 740x331, Lition Richard ball hands.jpg [View same] [iqdb] [saucenao] [google]
22359056

>>22347781
I want people to prepare themselves for the scenario where the blockchain is intentionally reset. This does not necessarily mean that they "failed" or whatever, it would just be a part of the testing process. So basically don't listen to Mike.

>> No.22359104
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22359104

>>22349824
You're an idiot for thinking that the benefit of mainnet is just speculative price increases. We should have an IQ test before allowing people to buy LIT.

>> No.22359270
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22359270

>>22352386
>>22352923
>>22352936
1k is the minimum to run a node. 50k is for a trust node.

>>22356841
Asking random people for their price predictions is probably the most meaningless and useless thing you could ever ask.

>> No.22359391
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22359391

>>22356841
19,81$

>> No.22359445
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22359445

>>22359056
Maybe they should announce resets in advance

>> No.22359645

>>22359445
They literally have. They said any resets would be intentional back in March. It's not worth continuing to announce a reset every few days.

>> No.22359693

>>22359645
Is typing out a few sentences too much work?

>> No.22359751

>>22359693
They typed out a few sentences back in March. And yes constantly spamming us with meaningless updates is too much.

>> No.22359859

>>22347781
lition? more like shition right haha

>> No.22360183

>>22359751
Well then they, and you, have to accept it will crash the price. The team have no understanding when it comes to the influence of /biz/

>> No.22360390

>>22360183
>Well then they, and you, have to accept it will crash the price
It won't crash the price.

>> No.22360394

I bought lit for 250$ a few weeks ago but now it only worth 150$ how is that who is taking my money?

>> No.22360461

>>22360394
I'm not sure if you were aware but the entire market crashed. Also don't be an idiot and buy when the price is increasing snd then complain when it corrects.

>> No.22360487
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22360487

>>22360394

Thanks for playing

>> No.22361070

>>22359056
>This does not necessarily mean that they "failed" or whatever
>So basically don't listen to Mike.
where did i hurt you to be afraid of me like this?

shition will die before end of q3

>> No.22361230

>>22361070
> blah blah blah blah blah

>> No.22361349
File: 161 KB, 750x1334, 7A845AA2-D723-4198-AEE3-C2CDBE0183B1.png [View same] [iqdb] [saucenao] [google]
22361349

Why the fuck did I fall for the 6 month staking meme? I’ve been holding this piece of shit all year and only have a measly 40% to show for it meanwhile other coins have been pulling 5-10x’s right and left. Even Rarible pulled like a 5x this week while the whole market crashed. Fuck this fuck crabbing German scam