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

/biz/ - Business & Finance


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22853939 No.22853939 [Reply] [Original]

Latest news:
>Mainnet roll-out phase 3: We're pleased to report that we continue to see outstanding results with the TrustNode onboarding and testing process. An additional 10 community TrustNodes will be added during phase 3.
https://twitter.com/Lition_Block/status/1308918941448839176
>Lition Energy is a finalist for the Branding Energy Conference Charge Award 2020 as World's Best Green Brand in the category Green Energy.
https://twitter.com/lition_energy/status/1307243133948825602
>Roll-out phase 2: We're happy to report that the first phase of community TrustNode onboarding and testing has gone exceptionally well. 5 more trustnodes will be added.
https://twitter.com/Lition_Block/status/1306665251576983556
>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

>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/
https://lition.de/

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

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

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

>Previous threads (newest to oldest)
*virgin /lg/s
>>22830370
>>22802401
>>22791701
>>22778597
>>22751837
>>22711004
>>22694686
>>22679126 *
>>22652189
>>22593641 *

>> No.22854072
File: 655 KB, 798x1202, We're still on track....png [View same] [iqdb] [saucenao] [google]
22854072

>>22853939
No I can't say I do feel it. Something better happen very soon. I'll be posting this everyday until we have a mainnet.

>> No.22854107

>>22853939
scam

>> No.22854115
File: 139 KB, 1254x657, 1601186576996.png [View same] [iqdb] [saucenao] [google]
22854115

All of Mike's fud is explained in this post. Any posts made by Mike after this point only serve to provide further evidence that he is mentally ill.
On his favourite topic, litsentbymistake:
>>22815687
>Picrelated shows that these are part of a two-piece transaction.
>First transaction is a transaction done with litsentbymistake function from one of the lition pool adresses followed immediately with a transaction of the same amount of createnewstake function to a different lition pool adress.
>It seems clear to me that the team just wanted to balance out their different staking pools so that they dont have one adress with 4 million LIT and another with just 500k LIT.
>Therefore all the adresses that you link to can be lition pool system transfer wallets.
>>22816276
>I looked at this link and came to that conclusion: https://bloxy.info/functions/e440fd7a#
Next, Mike likes to mention that the staking totals don't match the wallet totals. Explained again for you Mike:
>Some of the tokens from the LPS contract have been moved to be vested in the LitionRegistry to run nodes. Eventually, it will all be vested to run nodes but we can't do that yet. This is where most of the discrepancy comes form between the "total staked" shown on the website and the amount you see in the LPS contract. There is also ~1 million tokens in the LPS Validator account.
A daily reminder that craphufrompakistan:
>is a bipolar maniac who constantly switches between shilling & fudding
>was caught samefagging his own thread
>admitted to losing his money after mainnet failed and promised to "make Richard pay" for "scamming" him
>will repeatedly spam the same copy and pastes in every general. You'll notice his posts are a confused mess, the type of thing you'd expect to find written in shit on the walls of a mental home
>cannot read and doesn't respond to questions
>quadrupled his stack but still only has 4,000 lits
*DO NOT REPLY TO MIKE, DO NOT GIVE HIM ATTENTION*

>> No.22854174

>>22854107
Thanks for the bump.

>> No.22854377

>>22854107
Looks like there is a new wave of accumulators

>> No.22854626

So, mainnet in q3 or not?

>> No.22854738
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22854738

>>22854626
Do you even have to ask?

>> No.22855356
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22855356

Oh shit smilex just got BTFO

>> No.22855382

>>22855356

What happened?

>> No.22855494

>>22855356
Que?

>> No.22855678

What is the connection between Trump and CDU?
Who is Angela Hitler?
Who is Richard Bonaparte?
Follow the bloodlines.
Why did SAP CTO cowrite technical paper?
Small, irrelevant project?
Essential for swamp takedown.
Mainnet delay planned all along?
Reconcile.
Look for telegram, exactly this:
"My fellow LITLers, mainnet 3 November 2020. Deutschland über alles!"
BOOM!
BOOM!
BOOM!
BOOM!
Hänsel und Gretel
Q

>> No.22855901

Lition? More like SHITion

>> No.22856014

>>22855678
kek

>> No.22856278

So much for main net we
Can't beleive you faggots convinced me to buy this
It's done NOTHING in a month
I can't even trade it because there's no fucking liquidity

>> No.22856396

>>22856278
When did you buy?

>> No.22856403

>>22856396

Probably a month ago

>> No.22856453 [DELETED] 

>The team shouldn't make any announcements because /biz/ might fud it
>The team shouldn't tell anyone they're secretly selling tokens because /biz/ might fud it
>The team shouldn't use lube when they rape.mr in the ass because /biz/ might fud it
We invested in a coin shilled by the worst group of people in the world
Fuck smilex, fuck Adam, fuck Mark, fuck Richard, fuck normies, fuck jannies, and fuck trannies!!!!

>> No.22856484

>>22856403
This isn't a short term hold, you thought it was going to "moooon" in a month?

>> No.22856492

>>22856403
>>22856278

>Switching IDs inbetween answers

Wow, whata retard

>> No.22856523 [DELETED] 
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22856523

>The team shouldn't make any announcements on mainnet because /biz/ might fud it
>The team shouldn't announce any mainnet delay because it would dump the price
>The team shouldn't tell anyone they're secretly selling tokens because /biz/ might fud it
>The team shouldn't employ more than 2 devs because /biz/ might fud it
>The team shouldn't use lube when they fuck my ass because /biz/ might fud it
We invested in a coin with the worst collection of normies in the world.
Fuck smilex, fuck Adam, fuck Mark, fuck Richard, fuck normies, fuck jannies, and fuck trannies!!!!

>> No.22856570
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22856570

>>22856523

Thats a weird way of saying FUCK SPENNY, FUCK HITTINGIT, FUCK SJON AND FUCK EVERY TG NEWFAG. THEY ARE JEWS TRYING TO ACCUMULATE FOR A LOWER PRICE

>> No.22856572

>>22856492
He wasn't pretending to be the same person.

>> No.22856605
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22856605

>> No.22856939

I wonder on a scale of 1 to 10 how much Richard hates all the nazi memes.

>> No.22856964
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22856964

Based original /lg/ baker here. Usually I don't get involved on the political side but things are getting a bit out of hand and I think everyone needs to chill. Think about what Lition will become in the next year or two.
Yes we're fighting on two fronts at the moment; on one side Mike's insane neverending fud, and on the other Adam, smilex and the TG normie gang. Remember that they all have their own agendas and reasons for behaving the way they do. Ignore all of them, it's the only way. Don't get involved on TG because they'll never back down, and don't reply to Mike because he can't read. Remember that we are the /biz/ faction of Lition, and that this is the best possible place to be. Spend your time relaxing in the generals and making memes. That's what I've been doing all year. Pic related, here's a new one.

>> No.22857010

>>22856964
>we're fighting on two fronts at the moment
Based

>> No.22857020
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22857020

>>22857010

>> No.22857124

>>22856492
Lol what. I said that the guy probably bought a month ago and is now bagholding.

>>22856572
This.

>> No.22857138

>only 3 working days and Richtard is still radio silent
hahahahhahahahhahahahhahahahahhahahahahhahahaha laughing really hard at bagholders

smilex is calling people names for showing their concerne that the mainnet is only 3 days away and no news from the team
hahahahahahahhahahahaha

>> No.22857148

>>22853939
Seems to be like 3 jeets shilling this massive pile of shit. Still no fucking main net

>> No.22857261

>>22856964

The telegram is a shithole, i only come to biz for lit discussion

>> No.22857282
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22857282

Who the fuck does this little faggot sandnigger thinks he is lmfao

>> No.22857292

its pretty comfy knowing your investment has driven someone to mental illness

>> No.22857314

Christ on a fucking bike there is so much retarded argumentation going on between here and the brainlets on telegram. We get a steady trickle of updates, a solid project with massive potential yet people are bitching like Burgers on welfare. Seriously. Even if Mainnet is delayed by a whole fucking month it's okay, as long as it works. I have never seen such a level of spastication and spoonfed retardation as the last few weeks. Calm down you jannies, and trannies, and good for nothing fudsters.

>> No.22857316

>>22857148
Don't ping me

>> No.22857360 [DELETED] 
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22857360

>>22857282
He knows he's untouchable and can do whatever he wants

>> No.22857643

>>22857282
What a bitch

>> No.22858078

>>22857282
>>22857316
>>22857643

What did Spenny write?

>> No.22858102
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22858102

>>22857020

>> No.22858194

Hello brothers... remember fuck normies and fuck reddit only a handful of people even know why this is the future of blockchain adoption

>> No.22858240

>>22858194
Nobody knows yet, if the team succeeds to deliver, buying lition at 10 cents will be better than buying link at 20 cents. We don't even have a $10mil marketcap yet, remember that frens.

>> No.22858305
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22858305

>>22858102
Based

>> No.22858313

>>22858240

LINK at 20 cents was a 63 mill cap btw. LIT at 1 dollar = LINK at 20 cents.

>> No.22858369

>>22858313
Yes, but to be fair I don't see lition getting to top 10 in terms of marketcap. Top 30 is definitely possible, maybe top 20.

>> No.22858682

>>22858078
I dont know, I dont even read the tg anymore, I just like insulting Adam

>> No.22858794

>>22856605
haha I remember that guy yesterday, he was mad because we wouldn't want to spoonfeed him. Cried about the "community".
I don't care about the FUD, not selling for at least one year until the gains are tax free. Hopefully it crabs another 6 months just to piss of daytraders and swingies.

>> No.22859170

Anyway, there are indeed some gaps of information that the team will fill shortly. They’re just laser-focused on executing the blockchain roll out and accompanying business developments.

>> No.22859623

>>22858369
Top 5 2022

>> No.22859696

>>22859170
I'm bullish on lit but this kind of excuse is trash. Developing the blockchain and communicating about it are two separate things. The dev team being focused on rolling out the product does not imply the com team suddenly starts coding to help. The lack of communication by the team has always been an issue. I don't really mind because the project is great and I'll make good money out of it but stop pretending there's no problem regarding transparency and communication.

>> No.22860170

>>22858369

If it goes to 500 mill cap I have reached my goal. Anything above that is just "fuck you money".

>> No.22860553

heil litler

>> No.22860577

>>22859170
>>22859696
I think this post by Mark either means mainnet is going to come out or there's gonna be an announcement/AMA at the end of the month. Mark is also referencing the "other sidechain" which I suspect is an operational sidechain being used by a business (probably SAP). It's either that or the actual mainnet itself. Either way I'm bullish.

>> No.22860581
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22860581

>>22857282
>>22857316
>>22857643
>>22858682


ohh nooo guys! Spenny and HittingIt got kicked out! Do you know why? Cuz they fucked around too much. Same thing will happen to you :^)

So please: Language!

>> No.22860661

>>22858313
Yes but the two are not really comparable. Very different kind of projects.

>> No.22860715

>>22857314
Yeah I mean the project can survive some delay, if you've ever set foot in the real world you'd know that even large corporations have delays, let alone tech startups. What it can't survive though is another failed mainnet launch.

>> No.22860761
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22860761

>> No.22860788

>>22860581
Based. We don't use foul language or personal insults in this server.

>> No.22860796
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22860796

>> No.22861224

bump

>> No.22861981

>>22860661
How are they not compatible? Aren't they both in the eea task force?

>> No.22862031

>>22861981
>>22860661
Oh wait, Im a retard, disregard whatever I said

>> No.22862214

My litties are nice and safe. Imaging fudding lition generals and your sad kucoin account got hacked hahahahahahahhahahahahahahhahahahahaaayaaaa] ahaha

>> No.22862479

>>22861981
They're difficult to compare imo, but LINK is a great case study for small mcap tokens becoming dominant in an already established crypto space. LINK's usecase is entirely contained within cryptocurrency. LIT is specifically designed to provide real-world solutions to people who have no idea how the blockchain works. LIT can be used by normies paying for energy or by already established companies storing medical, insurance, or financial information. Imo LIT has more potential than chainlink when it comes to mcap because the growth of the token is dictated by the growth/adoption of/by various other businesses. If Lition energy breaks into the mainstream and becomes a dominant energy distributor (which I believe may occur, especially since Germany already has it's eye on Lition energy and will likely promote it in the future) in multiple European countries, you can expect to make it almost regardless of how much LIT you hold right now. At that point it would be a contest of who owns the most lamborghinis.

>> No.22862514
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22862514

>>22862214
noooooooo
not my heckin Vidterinos

>> No.22862926

>>22862479
Lambo's? You mean Tesla's fueled by green energy.

>> No.22863068
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22863068

>>22862926
Yeah I honestly I don't even like lambos, they're just a meme. I just want enough money to live out in the woods unbothered for the rest of my life and have a few materialistic things. My "make it" cars would be a nice truck, a Tesla model S, and maybe some electric sports car if I'm very successful. Something like pic related.

>> No.22863234

>>22863068
That sounds nice. Solar panels on the roof, micro grid, nice garden to grow food.

>> No.22863599 [DELETED] 

I just want enough money to live out in the woods unbothered for the rest of my life and have a few materialistic things.
This is what I want to do. But I doubt I would even buy a new car.

>> No.22863634

>>22863068
>I just want enough money to live out in the woods unbothered for the rest of my life and have a few materialistic things.
This is what I want to do. But I doubt I would even buy a new car.

>> No.22863639

>>22863068
>Tesla model S Plaid

Fixed that for you.

>> No.22864063

>>22863639
It's nice but the difference between a S and S plaid would be pretty negligible to me since I'm a pretty cautious driver. It's cool for bragging rights but I'd rather put the money towards a bushplane so I could fly out to remote locations and hunt.

>> No.22864972

Heil LITler o/

>> No.22865035
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22865035

>> No.22865108

Fuck off Adam you spineless cunt

>> No.22865377
File: 133 KB, 1321x462, MikeMikeMikeMikeMikeMikeMikeMikeMikeMikeMikeMikeMikeMikeMikeMikeMikeMikeMikeMikeMikeMikeMikeMikeMikeMike.png [View same] [iqdb] [saucenao] [google]
22865377

>>22856964
>He can't read
I almost choked reading that

>> No.22865670

Where is my Luisa handjob

>> No.22865710
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22865710

Who else going off grid when they make it?

>> No.22865788

>>22865710

Gonna buy some more rentals. The rest will go to property in Gran Canaria.

>> No.22865864

How many do I need for the comfy lifestyle away from the city as mentioned here?

>> No.22865907

>>22865864
Depends on the country

>> No.22865919

>>22865864
25k to be comfy.

>> No.22866066

>>22865907
Unironically Germany but planning to move desu. No idea where. Or maybe I'll stay in Germany and just move away from the cities. We'll see.

>>22865919
Thanks. I'll try getting there (plus extra to be double comfy) and get comfy in here. Feels like this thread already oh a like a chill farm amongst the rest of the foodponzi scam catalogue. Kek.

>> No.22866088

>>22866066
You can run a node with 50k.

>> No.22866241

>>22866066
How expensive is property in Germany? I am your neighbour but property isn't affordable here. I think you'll need like 400k-700k to have enough land to be self sufficient. And because the population is so dense here it is almost impossible to truly live off grid.

>> No.22866286

>>22866241
It deepends, the south/west is very expensive and densly populated but the east is cheap and empty.

>> No.22866391

>>22866286
I thought of moving to Germany if I don't have enough money to stay here when I want to move out. Only thing is that I don't speak german, might just follow a course if I am really going to do it.

>> No.22866742
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22866742

should i stake my LIT? LIT is my first crypto so not entirely sure what staking really does

>> No.22867070
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22867070

>>22866742
Depends what your goals are and how big a stack you're gonna buy

>> No.22867182

>>22867070
i have about 1k LIT. I know its only small but i just got out of uni and am doin shit jobs for now so pay isnt great. Planning on gettin atleast another K maybe on friday

>> No.22867211

>>22867182

Do it dude! Keep it up, and stake them. It is worth it for two reasons:

1. You get a 30% return on 12 months.
2. You don't get scared and sell. HODL on these investments is the best strategy as a newbie.

>> No.22867220

>>22867182
You can't stake with less than 5k. But once you've reached that, stake asap.

>> No.22867393

>>22866241
I have never really looked into houses because I'm a poorfag, but based on random input it's pretty expensive. Houses are supposedly about ~500k. I've personally seen some for 200k-300k in more rural places, but yah... There are some smoll towns in which renting an apartment in the ghetto costs like 300-400 bucks including water etc. I definitely do know that newly built apartments even in places neighbouring these 300-400 bucks rental ghettos are ~200k-300k to buy.

I really don't know what I'll do yet. Probably going to think about that once I make it or am close to making it.

>> No.22867828

>>22867211
but what actually is staking? is it basically communally mining lition? or am i a complete retard?

>> No.22868197

>>22867828
Staking roughly means you're locking your tokens (you still own thel but they can't be sold or moved to a wallet) in a common pool to help in validating the transactions happening on the chain. Since you loan your tokens for this process, allowing the chain to function properly and swiftly, you are rewarded with a fraction of the costs of the transactions you're helping to validate. Which is why when you stake some LIT, you passively earned money in the form of new LIT which are not mined (the total supply stays the same) but bought on the market by the Lition company and fairly distributed among all stakers according to how many tokens they've locked.

>> No.22868240

>>22868197
Is the rate really 30%?

>> No.22868449
File: 19 KB, 418x129, IMG_20200927_231949_090.jpg [View same] [iqdb] [saucenao] [google]
22868449

>>22868240
For a trust node (staking 50k lit) yes.

>> No.22868505

Anybody else notice the distinct lack of Mike? Has he been permanently BTFO?

>> No.22868724

>>22868505
Well, french anon anon is mike + ftp (the unofficial king of FUD) BTFO'd him really hard in his group. It was like seeing an elder beating a child.

>> No.22868811

>>22868724
Was this the breakaway telegram group?

>> No.22868886

>>22868811
Yes, thats the Telegram group of entitled faggots and "the cool kids" (quoting one of these fags there lol). This TG group is responsible for the FUD campaign of the last two months (basically 80% of FUD posts came from them in this time).

>> No.22868992

MOON

>> No.22869011

>>22867211
Do you stake all of your coins? I only staked 50k out of 80k because if you stake it's only tax free after holding 10 years (?)

>> No.22869191
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22869191

>>22868886
Utterly homophilic

>> No.22869845

$5 end of year

>> No.22870083
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22870083

>>22869845
what makes you think that? I'd be happy with $1. Depends on when mainnet 2.0 happens though

>> No.22870098
File: 223 KB, 521x937, Lition Based Department #3.png [View same] [iqdb] [saucenao] [google]
22870098

>>22869845

>> No.22870716

I feel some nice announcements are going to be made this week

>> No.22870806

>>22870716
Ahmad Suleyman kicked from testing would cause an instant x2

>> No.22870973

yes yes goyim keep dreaming about lambo and moon, shition will moon when they release mainnet, shition is different than all the other shitcoins that mooned before mainnet and started crashing the day of mainnet release, yeah this time is different
>that is if Richtard decide to release a broken mainnet in 3 days
only 3 days left rankeesh gang tik tok

>> No.22871320

>>22870973
go away mike u penis

>> No.22872329

>>22869011
hey anon can you elaborate on this please