/lg/ Lition General - Radio Silence Edition

[Anonymous No.22593641]

Latest news:
>Community TrustNode update: Team reports "the first phase of community TrustNode onboarding and testing has gone exceptionally well". 5 more trustnode operators will be added shortly.
>Digital Top 50 finalist in the Consumer Business Model Innovation category
https://dt50.org/finalists-2020
>Altcoin Buzz video mention on TomoChain and Lition cooperation.
https://youtu.be/Y-b_Rfhr2VM?t=302
>TomoChain and Lition Join Forces to Accelerate the use of Blockchain Solutions in the Enterprise Sector.
https://medium.com/lition-blog/tomochain-and-lition-join-forces-to-drive-the-use-of-blockchain-solutions-in-the-european-and-5b44cfe258b3
>All external nodes now added (Total: 13 nodes). New blockchain explorer here:
http://bcenergymainnetc.lition.io:23003/dashboard
>ColdFusion youtube channel namedrops Lition in relationship to the Microsoft Azure integration. 228k views
https://youtu.be/_3gbo_NinT0?t=466

>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
>>22559657
>>22532049
>>22502089
>>22477455
>>22452210 *
>>22429387 *
>>22406404 *

[Anonymous No.22593888]

>>22593641
That pepe is looking fly.
How /comfy/ is everybody?

[Anonymous No.22593956]

>>22593641
>The team have made significant progress

[Anonymous No.22593985]

>>22593641
Is that a Pepe made from scratch? Looks great.

[Anonymous No.22594011]

Hewwo? Am I too early?

[Anonymous No.22594087]

alright, im here. Redpill me on this and ill buy 5k right now

[Anonymous No.22594134]

>>22594087
Well since you obviously went through all the links in the OP, tell us what it is that you want to be clarified, hard working anon?

[Anonymous No.22594143]

>>22594087
No. I'm sick of people expecting to be spoonfed.
We don't need your $500.

[Anonymous No.22594341]

>>22594011
No sir, please take a seat. Mainnet will be announced shortly.

[Anonymous No.22594521]

>>22594087
no

[Anonymous No.22594545]

I don't expect mainnet to come on time. What do you guys think?

[Anonymous No.22594842]

>>22594545
First round of community nodes got onboarded in the beginning of this month, second round coming now. I don't believe mainnet to go fully live just after 10 test nodes, though you could argue that the relaunch has already happened in a sense.. I expect more nodes being added in the coming weeks with higher frequency though.
Until then, comfy collecting 50 litties/day from staking and buying the dips.
We're all gonna make it gentlemen.

[Anonymous No.22594938]

I need this to moon ASAP to cheer me up, so pissed for selling my UNI too early.

[Anonymous No.22595393]

>>22594545
If it doesn't release this month then it will be October. The launch is very soon.

[Anonymous No.22595411]

>>22594842
Yes they said it was going to be a phased launch.
So they are kinda launching as we speak, I guess
Probably they will add nodes in waves of 5 per 2 weeks until people stop applying or smth and then when we hit 20 next month they'll just put the instructions on how to set up your node online or something.
They already said that they have the energy usecase running on the testnet during testing if I'm correct so that does mean that the current load of 65000 txs/day is probably the real load of network usage.
Is there a way that we can track the evolution of number of transactions?
It would be interesting if the transactions show double digit monthly growth.
65k txs is better than Litecoin or Dogecoin and 10 times more than Zcash.
Valuation reminder in picrelated.

[Anonymous No.22595540]

>>22595411
Yeah they had like 400 transactions per minute earlier this year. They also have 1.5 million transactions per day as a target for 2020. 65k transactions per day is absolutely not going to be the post mainnet number of transactions.

[mikefromcrash No.22595696]

>Friday
>no mainnet
>no AMA
>no announcement
>4nodes from germany and one frog
My disappointment is immeasurable and my day is ruined


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"


>>22379886
>>22381232
>>22382850
>>22382914
>>22383282
>>22385219
>>22387192
>>22387965
>>22390900
>>22391384
>>22394292
>>22394394
>>22395276

[mikefromcrash No.22595797]

>>https://imgur.com/a/IMCsGyG
>>no more new comment from me until you see for yourself the real truth about this scam
>>waiting comfortably for which address will withdraw first and insta dump all their shition on idex and uniswap

and another address from my list is market selling HAHAHAHAAHAHAHAHAHA
>https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0xfa03aa38e3a11f295ce105302181e9b189238626
>we finished PHASE1 of testing, now to phase2
>there is 3-5 phase of testing, each will take 2 weeks to finish
>only 12 days remaining before end of q3
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

[Anonymous No.22595876]

>>22595696
>>22595797
I missed you.

[Anonymous No.22595891]

Damn, I wish I had 2k magically appearing in my Metamask like everybody else, so I coul'd finally get to a 50k stack.

[Anonymous No.22595922]

>>22594545
same, it will be October

[Anonymous No.22595925]

>>22595540
Doubt.
The whitepaper number was based on every household doing 96 txs/day.
Once people pointed out that that would mean that the lition energy customers would be paying $30 a month in just transaction costs, the team backpedalled their statement and said that most likely households will be clustered somehow.

[Anonymous No.22595931]

>>22595891
I know right. It's pretty bullshit.

[Anonymous No.22595961]

>>22595891
this is why you dont go all in

I have LIT but as solid hold but also gamble on shitcoins on UNI

[Anonymous No.22596045]

>>22595961

What's your gamble of the week? Time to get some deficonneeeect.

[mikefromcrash No.22596089]

>https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x146234df1814681be14cd919c5f11477996b4169

and another address from my list just finished staking and imediatlly started selling HAHAHAHAHAHAHAHAHAHAHA i can't breath HAHAHAHAHAHAHAHAHHAHAHAHA
>Richtard: yes yes mainnet sooon just wait and don't dump your shition until i finish dumping mines

this shit is the funniest ever and people still wondering how is this shit not mooning even when mainnet is just around the corner lmao

[Anonymous No.22596150]

>>22596089
>Richard is staking
You never disappoint Mike

[Anonymous No.22596167]

>>22596045
probably ymax if they show some demo before presale

[Anonymous No.22596202]

>>22595925
>The whitepaper number was based on every household doing 96 txs/day.
People keep on saying this but it's not true. Pic related was 12th June 2019. The whitepaper was literally revised the day before he said this. Also, assuming that they were using the 96 tx/customer/day to calculate the total number of transactions this would mean they by the end of 2020 they would have planned for ~15k customers (15000 x 100 = 1.5 million). In this Forbes article (https://www.forbes.com/sites/alisoncoleman/2019/06/16/the-german-tech-startup-thats-shifting-power-from-the-energy-conglomerates-to-the-consumer/#10a8386665a4)) published on the 16th June 2019, they stated their target for the end of 2022 is 235k customers. Do you really think they expected to make only a few thousand more customers in 1 and half years to reach 15k (because they were already in 160 cities), and then in the next 2 years go from 15k to 235k customers? No because that would be stupid. Stop repeating this because it doesn't make any sense.

[Anonymous No.22596863]

[Anonymous No.22596983]

>>22596863
Someone put Greta and Richard's face on it.

[Anonymous No.22597039]

Morning bros - if the mainnet gets delayed then thats fine by me t. 100k+ lition

Just launch a fully tested and working product

[Anonymous No.22597043]

>>22596202
Your argument hinges on that they don't foresee growth from 15k to 235k in 2 years, which is 12% growth per month.
I think in April they said we have solid 4 digit (>1000) growth and 25% growth per month.
So the status was at least 5000 households growing with 1000 per month.
I think 15k is a conservative estimate for where we are at today in a growth model that aims at 235k in 2 years.
See picrelated.
So yeah I think they expected to make only about 20k customers in 1,5 years and stay on the conservative side in the whitepaper and then to get the ball rolling and grow to 235k in the next 2 years yes.
And I think that they are now at about 20k clients already and are thus ahead of their model to get to 235k in 2 years.
And I think that those clients are clustered or making mass buys and only the groups or the larger companies make 96 txs per day which turns out to about an average of 3-4 txs per day / customer.
And I think it will be interesting to see if the transactions will grow to over 75k/day a month from now.

[Anonymous No.22597059]

>>22596983
>Greta
It's obviously Kyung

[Anonymous No.22597212]

>>22597043
>I think in April they said we have solid 4 digit (>1000) growth and 25% growth per month.
They grew at a 25% growth a month for about 4 months. That is not close to being sustainable for 24 months. There is no way they can continue that kind of growth rate, I don't care how talented you are. It's genuinely more ridiculous to believe they will have this kind of growth rate than it is to suggest that they will have anywhere between 400 000 - 1.5 million transactions by the end of the year.
>I think 15k is a conservative estimate
I think it's a very conservative estimate. They are much more likely to be at 30-50000 customers by now.

[mikefromcrash No.22597220]

>>22597039
>>22595393
>>22594545
>>22594842
>>22595922
>from "mainnet will 100% launch end of q3" to "its okey it it get delayed if that means they will deliver a stable mainnet"
>Richtard in april2020: we're ahead of schedule and we will launch before end of q3
>they had 1 year to fix something as simple as this
state of bagholders trying to downplay any delay announcement and truned to a bullish news lmao

RETARDED BAGHOLDERS MARRYING THEIR BAGS WHILE WE ARE MAKING BANKS IN OTHER SHTCOINS BEFORE BITCOIN START MOVING AND CRASHING EVERYTHING


SAP INSIDER HERE: SHITIY LITTY 2C END OF Q3

[Anonymous No.22597250]

>>22597043
>>22597212
I genuinely can't believe you think that 25% growth every month is the conservative approach.

[Anonymous No.22597478]

>>22597043
>>22597212
>>22597250
You also just completely ignored my original point which was that they were completely aware of the way they would run things when they revised the whitepaper. Richard was talking about not having 96 transactions for every customer the day after. They already took it into account.

[Anonymous No.22597547]

>>22593888
>>22593985

[Anonymous No.22597944]

>>22597250
Well I dont know about you, but if I was german I would unironically buy my energy with lition, and tell all my friends about it. They undercut the market, and ecoshit and consumer choice appeal to me. And Im certain Im not the only one to think this is pretty great, why do you they are winning prizes left and right?
Some good marketing and word to mouth will definitely cause exponential growth for a while

[Anonymous No.22598033]

FUCK THIS SHITCOIN AAAAHHHHHHH

[Anonymous No.22598180]

>>22597212
>>22597250
Look at picrelated.
I taper down the growth from 25% to 6% and reach 235k in 2 years. Along the way you reach 22k by end of this year for which a conservative estimate would be 15k.

>>22597478
Did they change that section though?
Anyone has the unrevised white paper and compared it?

[Anonymous No.22598204]

>>22598180
picrelated from this post >>22597043

[Anonymous No.22598275]

>>22595696
Mike welcome back, were you visiting the village?

[Anonymous No.22598475]

>>22598275

I don't consider that growth unrealistic since they are so far ahead pricewise than anyone else. It is a wet dream in the European marked, in Scandinavia they would do 50% growth a month year on year until they became the biggest energy-provider or till someone could compete with them.

[Anonymous No.22598513]

>>22598033
sell and rope in a year

[Anonymous No.22598741]

I'm lost what are we arguing about here? How hard lit is gonna moon?

[Anonymous No.22598781]

>>22598741
very

[Anonymous No.22599089]

>>22597059
Maybe i should have titled this macro "Lition - the early days" or "Lition 19XX". Btw, i was way more productive this week, but most of the time was used to do basic editing stuff and i also played around with a couple of sfx ideas.

[Anonymous No.22599125]

>>22599089

[Anonymous No.22599208]

Does Mark know anything? I thought he'd be having daily conversations with the team but it seems he's as clueless as the rest of us.

[Anonymous No.22600132]

Post more of your memes please, i really appreciate your content.

[Anonymous No.22600233]

Death Spiral

[Anonymous No.22600516]

>>22598513
dont worry I will

[Anonymous No.22600650]

The board is shifting

[Anonymous No.22600676]

>>22600132
Here's a good memethread fren.
>>22473528

[Anonymous No.22600704]

>>22600650
Yes it is, fren

[Anonymous No.22601002]

The impatience. We're watching the successful rollout of mainnet every day on the blockchain explorer. That should be enough.

Richatard did lie to us about it being "well before Q3" but we can clearly see it running very smoothly right now.

[Anonymous No.22601086]

Guess who just took 275 of his free Uniswap got bucks and got hai attack of LIT to 10k last night?

[Anonymous No.22601122]

>>22601086
Guess who just took 275 of his free Uniswap goy bucks and got his stack of LIT to 10k last night?

Holy shit autocorrect makes me sound like a pajeet :/

[Anonymous No.22601467]

>>22601086
uhhhh you?

[Anonymous No.22601815]

>>22597547
Posting the other variations of this

[Anonymous No.22601860]

>>22597547
Posting the other variations of this

[Anonymous No.22601879]

>>22601002
The communication from the team is really bad though, I get that they dont want to make pointless "everything is going well updates", but an AMA every other month would make the wait comfier.
Its possible tough that they are under NDA and cant talk much

[Anonymous No.22601912]

>>22601860

[Anonymous No.22601928]

>>22593641
how do you pronounce this? lit-eye-ahn? leeshin? lishin? me no know

[Anonymous No.22601956]

>>22601912

[Anonymous No.22602009]

>>22601467
Ding Ding Ding!

[Anonymous No.22602012]

Richard is a fake doctor and I hold 1 million Lition

[Anonymous No.22602020]

>>22601928
Lie-shun

[Anonymous No.22602072]

>>22601928
LITTIATH

[Anonymous No.22602127]

>>22601928
Seriously though is Litty-on with emphasis on the on, but a lot of people have started to say litty-un which is disappointing to hear

[Anonymous No.22602840]

>>22602127
Richard pronounces it as "lit-e-on"

[Anonymous No.22602968]

>>22601879
That's a fair point honestly. It would definitely prefer communication, I am just tired of people jumping to conclusions. At least we have mark who gives us breadcrumbs every once in a while.

[Anonymous No.22603087]

>>22602840
What does he know? He's not even a real doctor.

[Anonymous No.22603426]

>>22603087
He's a doctor. He gave me a very thorough prostate exam.

[Anonymous No.22604172]

>>22603426

In two weeks we can call him Richard TheUnTrustWorthy".

[Anonymous No.22604365]

>>22604172
No because the shills have started justifying the delay already. Don't you know... Mainnet has already been released, just in phases. They have no shame.
>>22595411
>Yes they said it was going to be a phased launch.
>So they are kinda launching as we speak, I guess

[Anonymous No.22604784]

>>22604172
No because that was the original mainnet launch from last year god you retards are insufferable

[Anonymous No.22605353]

>>22604365
Meh you know what, sell your tokens then, as if I care.

[Anonymous No.22605399]

Shouldn't Mike be jeeting up UNI right now? I figured it would be a fudster's call to action right there.

Anyway, I basically got my 5k last night by swapping some UNI. Is it worth it to stake only 5k? I'll be reading the rewards later

[Anonymous No.22605807]

Imagine not selling your Shition to buy Uni

[Anonymous No.22605845]

>>22605399
You lost 10% on Lit and missed 100% on UNI.
Kek

[Anonymous No.22606310]

Have patience. You will be rewarded.

[mikefromcrash No.22606510]

>>22605399
>>22605807
>>22605845
>idiot selling his uni before 20$ and buying shition
hhhhhhhhhhhhhhhhhh even the 100 team addresses are still holding their unis hahahahaahahahaha