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

/biz/ - Business & Finance


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23118592 No.23118592[DELETED]  [Reply] [Original]

Latest news:
New liquidity rewards program for Uniswap:
https://medium.com/lition-blog/introducing-the-lition-uniswap-liquidity-rewards-program-50b18dfcbcae
>MAINNET IS LIVE: We are proud to announce that we have officially launched our sidechain protocol and the Lition Energy Mainnet is live – showcasing our first business use case!
https://medium.com/@Lition_Block/a-new-dawn-the-lition-mainnet-has-arrived-b69209c87220
>Mainnet Launch Event Developer AMA scheduled for October 15, 2020. Submit your questions here
https://docs.google.com/forms/d/e/1FAIpQLSdQA3Cz8YhL0yW9S_1REEgRBl7s958JGUySRKvdvS8fk3FDVw/viewform
>Apply to be a Validator on the Lition Energy Mainnet:
https://docs.google.com/forms/d/e/1FAIpQLSeYN67q44z5zEsl526xQyfJAX1rZJCw8QsKJJZ4FOHCf0_-Ng/viewform
>Q4 activity to include customizing an additional sidechain for an upcoming partnership with a new use case

>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 Energy Mainnet Dashboard
http://bcenergymainnet.lition.io/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)
*official /lg/s
>>23096191
>>23068309
>>23044809
>>23030830 *
>>22979665 *
>>22952899 *
>>22945737
>>22928913 *
>>22905638
>>22877002
>>22853939 *

>> No.23118766
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23118766

Kinda boring waiting for the 15th. Guarantee the "surprise" is the ability for energy customers to pay their bill by using LIT, which should have happened last quarter.

>> No.23118820

>>23118766
>an announcement of an announcement and a "surprise"
Very bearish. Prepare for a huge dump after the 15th

>> No.23118842
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23118842

If the price doesn't pump after the AMA and any related announcements I am selling this shit as I have timed the end of my stakes perfectly. Note that it will cause shockwaves because my bags are massive.

>> No.23118846

>>23118820
Post sells

>> No.23119024
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23119024

***DO NOT REPLY TO MIKE, DO NOT GIVE HIM ATTENTION***
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:
>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.
>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 (mikefrommoon) & fudding (mikefromcrash) and sometimes can't decide one way or the other (mikefrommooncrash)
>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.
>cannot read and doesn't respond to questions
>fell for his own fud and sold half his stack prior to mainnet
***DO NOT REPLY TO MIKE, DO NOT GIVE HIM ATTENTION***

>> No.23119575
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23119575

>No posts in an hour
Is Lition really this dead?

>> No.23119627
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23119627

>>23119575
Mainnet hype was a scam, definitely selling it we don't hit the thread limit

>> No.23119657

Why does this pos never pumps

>> No.23119708

>>23119627
There was no hype. They literally just dropped it on us.

>> No.23119808

>>23119575
>>23119627
Do you anons not understand how early we are?

>> No.23119867

>>23119808
6 people posting on another dying general on /biz/ doesn't mean we're early. It means we're idiots. It means everyone else has had a look at Lit and realised it's not a good investment. Reddit said no. Twitter said no. Richard and Jürgens thousands of high iq business contacts had a look, told their friends, and everyone said no.

>> No.23119884

>>23119808
No I understand. I don't think we'll have to wait much longer though. We are post mainnet afterall.

>> No.23119897

>>23119867
>Reddit said no. Twitter said no.
They didn't say no. They haven't even heard of it.
>Richard and Jürgens thousands of high iq business contacts had a look, told their friends, and everyone said no.
Proven wrong in a matter of weeks.

>> No.23119925

>>23119897
This, in the last month there are only about 2 lition posts on reddit.

>> No.23119959
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23119959

Post the Lego set you're buying after LIT reaches $14.88

>> No.23119965

Morning gents... getting my suit cleaned for the meeting on thursday!

>> No.23119987

>>23118592

Thanks for baking today. I prefer not to do it.

>>23119808

No one knows about this. The only place on the planet this is being talked about is on Biz, in these generals, and even here you see how dead it is. Every other day some retard stops by and asks "Spoonfeed me niggers". We tell him to fuck off, he gets a copy-pasta and is on his way.

It is us, and the Telegram-normies. I have pitched a few of my friends and they have all bought, because I want them to be wealthy with me. Other anons have done the same. For the burgers and asians, Lition does not make sense. You have to understand how the EU works, and how our business works. We are very strict with regulations and GDPR. That is what Richard and his boyfriend saw. To get blockchain adopted, which is what EVERYONE in this space wants, we have to be realistic. And the realists who know how this can get adopted, hang out here. Telegram has about 5000 members, who those people are, I don't know. They certainly ain't active here, or on Reddit. Anyway, that is 5000 people (probably less, around 500, if you take a look at amount of views on the announcement-channel). 500 people in this entire space with bags of this. It is also fair to assume that the people who hang out here are among the top 250 bagholders of this project.

If someone wants to join that top 250 club currently, which I guess is around 100k, it cost about 33 ETH, and move the price on IDEX from 33000 to 41000. Thats how low liquidity is.

At some point the early adopters will find out about this. Probably through partnerships, media coverage, Reddit or a HUGE pump. Till then we just have to sit tight. We are MONTHS in advance of everyone else, some even years. And that.. Feels really good.

>> No.23120045

>>23119867

Are you retarded? We don't even need to make these generals. Its just enjoyable to talk amongst ourselves while we wait for the 15th. This is our safespace away from TG.

Reddit and Twitter? Jesus christ, you consider those places intelligent spaces?

Those retards got shilled LINK by accident several times when it was at 50 cents, and didn't buy because they thought it was a 4chan pump n dump. NO ONE reads whitepapers, NO ONE does research. If you spend 1 hour reading into something, you are doing better than 95% of the morons on both Reddit and Biz.

Man, you are so lucky to hold this, I can tell you don't derseve it. Shut the fuck up, stake and be glad you got chosen for whatever reason to hold this.

>> No.23120208
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23120208

>>23119987
>>23120045

>> No.23120212

>>23119987
Top 250 is only 25k lit.

>> No.23120240

>>23120212
Most is probably in staking addresses. So the holder list doesn't accurately reflect it.

>> No.23120277

>>23120240
You are right, didn't think about that

>> No.23120285

>>23118766
second that!

The draft law is embedded in the blockchain strategy of the German government announced on
18 September 2019, according to which German law shall be opened for electronic securities. The
Act on the Implementation of the Amendment Directive to the Fourth EU Money Laundering Directive
has already introduced a definition of crypto assets as financial instruments as well as a new licence
requirement for crypto custody business to the KWG.
As other countries already permit the use of electronic issuance and blockchain technology in
relation to financial instruments (e.g. Switzerland), a modernisation of the German securities law in
this respect seems to be vital, particularly when taking into account the fact that German law requires
a physical document for any bond issuance which seems rather outdated in the current digitalisation
of the capital markets.
Significantly, the draft law allows for more flexibility on the issuer side as the issuer is able to choose
the form of issuance of bonds (classic paper format or new electronic format). The law aims to be
technology neutral and is seen as a first step towards further modernisation of other forms of
securities.

this got aproved like a couple of weeks ago! still big anouncement though.. i can just stake my lit and spent some to pay my electricity thus getting 'free' green energy..

>> No.23120311

>>23119959
i would buy the official Lition LEGO set
or I would let it be made, i would be worth 6 mil with that price so i can deff pay someone at LEGO to make this custom made

>> No.23120508

>>23120311
Fuck Adam Salam

>> No.23120552

>>23120212
>>23120240
how do we summon the anon that wanted to write a script that would make a list of every holder, staked or not?

>> No.23120558

At what price are we selling?

>> No.23120613

>>23120558

Depends how much you have. I will cash out 10 or 20% at 5 dollars.

>> No.23120769

>just yesterday
>23099270

>https://imgur.com/a/IMCsGyG
remember i posted this before any of the following addresses even unstacked and started to dump (13 September) and you can clearly see they still hold all the eth they got, this never happened with any other real investor address

>https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x6abc05bef88e5578e7445d2578723c52363b2a37
>https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0xb16671b4b02f2a427b33071d031067cedf58fb7e
>https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x25c729d6154d7d5b8d8a08394a578def054bc96e
>https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0xfa03aa38e3a11f295ce105302181e9b189238626
>https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x146234df1814681be14cd919c5f11477996b4169
>https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x69e85d980bba0eee982e1cf992401045ccb57969
>https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x86fb27297e1dd77aed25242bbfd19b320f20c52a
the next 2 address to dump their shition
>https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x46edb85bd6f9c18141d8bf69eca9457789a25e6a
>https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x67afb01c0dcc062f9429bc26bf6577d7dd9e7984
and today they unstacked and started dumping again and again and again and again

>https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x46edb85bd6f9c18141d8bf69eca9457789a25e6a

>> No.23120779

>>23120558

For me it depends on what the staking rewards will be post genesis phase, depending on which sidechain I'm staking on as well. It could be possible to earn a living by non compound interest staking and selling those tokens every month if the rewards remain decent and LIT is worth a few dollars

>> No.23120782
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23120782

>>23119987
>>23120045
Based

>> No.23120977

>>23120769

Can u fuck off