/LITGEN/ Lition General - What is the announcement going to be speculation thread

[Anonymous No.23224277]

>AnyBlock Tools join The Lition Network as a Validator
https://twitter.com/Lition_Block/status/1314540951700996097
>Uniswap Liquidity Program announced:
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 –
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

>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)
>>23208301
>>23185916
>>23168411
>>23144514
>>23121320
>>23118592
>>23096191
>>23068309
>>23044809

[Anonymous No.23224809]

based burger-friendly thread

[Anonymous No.23224844]

Just bought 1K
Gonna buy 4K more to get a suicide stack

[Anonymous No.23224885]

Their PR is getting better...
3000 LIT for 1400 retweets.
I'd say that's a good deal.

[Anonymous No.23225148]

>>23224809
Thread theme:
https://www.youtube.com/watch?v=0b-nFSUXcuM

[Anonymous No.23225454]

what are ur guys staking rewards at currently?
>tfw 2 litties per day
already made a few hundred lits tho so im comfy

[Anonymous No.23225708]

this thread ain't gonna survive without europoors I'm afraid.
I think we'll get a taste of paying your electricity bill with lit, as well as info on the new side chain.
>>23225454
~80 a day

have a good night LITfrens, hope to see this one still going when I wake up.

[Anonymous No.23225861]

Ausfag """working from home""" helping keep this alive, got 50k staked

[Anonymous No.23225874]

Richard announces we are all getting Porsche Taycans for christmas

[Anonymous No.23225919]

Gas set to $10 and I still can't stake. Woooooooooo.

[Anonymous No.23225976]

>>23225708
Oh yeah what the fuck time is it starting? And to anyone not used to a lition ama: dont be surprised by the usual fuck ups like no sound or richard doing somthing goofy and spilling his drink in his laptop etc

[Anonymous No.23225986]

>>23225861
>Ausfag
Based
>>23225861
>"""working from home"""
Based

[Anonymous No.23226019]

>>23225976
Kek, this, every fucking time

[Anonymous No.23226081]

Burger here, and if I had to guess it's that the SAP sidechain is good to go. It seems like the next logical next step, just barely edging out LIT $100 EOY.

Barely ;)

[Anonymous No.23226101]

>>23226081
>the SAP sidechain is good to go.
This would make me a millionaire. Too good to be true.

[Anonymous No.23226132]

>>23226101
110k litlet here
BTW who made that? Gokira? It's fucking glorious

[Anonymous No.23226174]

>>23225454
Around 38/day, though I don't have all my lit staked

[Anonymous No.23226241]

>>23225976
When is it happening? I want to fill my bags before, just in case

[Anonymous No.23226281]

>>23226241
October 15, not clear at what time. Usually 12-2 pm Berlin time

[Anonymous No.23226396]

>>23226132
>110k is a little
Holy fuck I'm just a grain of sand :(

[Anonymous No.23226466]

>>23226081
>$100 EOY
This is obviously over the top, but a 10b mcap for Lition isn't out of the question. Consider the following:
>Overall market growth.
>ChainLink as a case study.
>"Green" energy faggots.
>Germany shilling LIT to EU if successful in aiding Energiewende.
I could see Lition being top 10 if it pulls off what I think it has the potential to.

[Anonymous No.23226548]

>>23226396

100k is make it status

[Anonymous No.23226648]

>>23226548
I wish you are right but to be safe I'm pumping up to 500k (max for trust nodes)

[Anonymous No.23226860]

i will put 20 bucks into lition on wednesday cause its all the money i can spend atm :)

[Anonymous No.23226885]

>>23226548
Had I known about LIT before July or so I'd definitely have more than what I have now (12k). I've thought about staking 10k and just slowly keep adding to what I don't stake. I wonder if staking only 10k would be worth it, or just wait until I have somewhere to the tune of 20k. Shouldn't be long until I do.

[Anonymous No.23226887]

$10B market cap by 2022.
70 LIT/day

[Anonymous No.23226962]

>>23226885
I hope... I just staked 10k.

[Anonymous No.23227094]

>>23226885
It's worth it.
You would make 1500 LIT in 6 months, 3000 in a year but its not certain genesis phase will continue that long.

[Anonymous No.23227125]

>>23226885

If you aren't planning on selling for some amount of time theres no point in not staking. I did 12 months because cap gains tax deductions

[Anonymous No.23227152]

>>23225454
10/day
kiwi bro checking in

[Anonymous No.23227272]

1.23 MB GIF
>https://medium.com/core-vault/erc95-a-new-standard-e59e806b7d82
Just buy CORE you dorks!

[Anonymous No.23227442]

>>23227152
Nice.. Love you kiwis.. Feels like we are finally in peace around here... After mainnet launch its been really quiet. Feeling comfy.. All good to you all

[Anonymous No.23227565]

>>23226887
this is FUD.

[Anonymous No.23227586]

>>23227152

How bout dem all blacks lol

[Anonymous No.23227644]

>>23227094
By those metrics, should LIT reach $1 (which it definitely will) that's 1500 every 6 months. Well, 1000, since burgers taxes get taxed :/

Still though, I need to stop being a lazy fucking bum and just get metamask going and move my Litties over there yesterday.

[Anonymous No.23227798]

>>23227644

Make sure you get it from metamask.io don't just google it, there are fake ones on the chrome store

[Anonymous No.23228451]

Now semi decently stacked with 30k in holdings, only 8k staked tho. Tempted to sell 10k after a run-up before the AMA in case there's nothing said and the price tanks

[Anonymous No.23228564]

>>23224277
Is it even worth staking with 5k suicide stack, don't plan on holding forevrr

[Anonymous No.23228636]

I've got just over 50k of these litties staked. But I was looking at the price of a VPS for a year and if I end up running a trust node I feel that staking only 50k in a trust node might not be worth it. I want to get closer to 100k. Should I buy now or after the potential dump after the AMA? I was planning on buying some now and scooping up more later if it dumps. Thoughts?

[Anonymous No.23228717]

>>23228636
It almost certainly will not dump after the AMA.

[Anonymous No.23228799]

>>23228636
This is why you won't be accepted for a Trustnode now, anyway. So nothing to worry about.
>>23228564
For one or three months, sure...
>>23228451
I got 115K staked and 5K for swing.

[Anonymous No.23228828]

>>23228636
I meant that they are looking for bigger holders right now, like 100K+.

[Anonymous No.23228829]

>>23227798
Definitely, glad you mentioned it because I went straight to Google play store. Not taking any chances with this!

[Anonymous No.23229535]

>>23227798
Also, clicked the link from the site and it brought me to the store, said it's Metamask beta. When I searched for Metamask itself in the app store the beta part wasn't part of it.

[Anonymous No.23230450]

>>23224277
Been trying to accumulate but had to shut my biz down for last month so ive only got 10k feels rly fucking bad man

[Anonymous No.23230900]

>>23230450
Owning 10k LIT is like owning 35k chainlink in terms of the % of the token's supply you hold. Don't feel too bad about it.

[Anonymous No.23231186]

>>23230900
Thanks for the hopium. Was originally accumulating alot of ftm back before current prices now that i got that big bag of that im putting all my crypto money into lit

[Anonymous No.23231481]

>>23231186
MAX supply LINK: 1,000,000,000
MAX supply LITION: 120,000; 100,000 after upcoming burn.

As a percentage of max supply, one LIT is like ten LINK.

[Anonymous No.23231814]

>>23231481
This is true. I was only including the 350mil currently circulating in that calculation. It's actually pretty conservative given that we haven't got all of the token releases/burns yet.

[Anonymous No.23232082]

>>23231481
I cant take all the hopium anon. I actually predicted link taking off but this was before i had spare cash so didnt make much off it. Had bitcoin back in the day and lost the wallet cause teenage me was fucking retarded. I just want to make it bros and i want you all to make it 2

[Anonymous No.23232232]

>>23232082
You and me and him, all of us, are going to make it.

[Anonymous No.23232907]

>>23228636
I'm doubtful of a post AMA dump. Whatever they reveal is going to be pretty bullish.

[Anonymous No.23232921]

>>23232907
I get a green ID every fucking time. Wgmi

[Anonymous No.23233035]

>>23224809
>two ugly and obnoxious attention whores
dropped your shitcoin

[Anonymous No.23233077]

Good job burgers, feels good waking up to a filled litgen. We are all gmi.

[Anonymous No.23233388]

>>23230900
>>23231186
Anon if we base it on circulating supply it’s more than 50k link, if based on overall supply it’s like 100k link

[Anonymous No.23233402]

>>23230900
>>23231186
Also price wise it’s like buying link at like 3 cents - in other words keep buying!

[Anonymous No.23233415]

>>23231481
Just saw this, good work fren

[Anonymous No.23233498]

>>23233402
I don't see lit going to 5b+ marketcap though

[Anonymous No.23233578]

>>23233077
it's nice to know there's other people out there who understand, even if they're confined to an anime sailboat modeling forum.

[Anonymous No.23233607]

>>23233498
check the Jan 2018 coinmarketcap. Anything can happen in a bull run.

[Anonymous No.23233671]

Can you feel it?

[Anonymous No.23233702]

>>23233607
Yes, I wanted to add but forget that maybe in a bullrun it might be possible.

[Anonymous No.23233733]

>>23233702
Saw in another thread that dragon hit 1 billion. Dash was 10bill if I remember correctly, fucking dash!!!

[Anonymous No.23233755]

>>23233733
Were you there in 2017-2018? Dentacoin is a good example of absolute shit getting huge marketcaps.

[Anonymous No.23233771]

Good morning, excellent work aussies and burgers. 2 days to go!

[Anonymous No.23233798]

>>23233733

ICX was the posterchild of January 2018, the last HUGE pump. When it got listed it had already done a 100x to 50 mill cap. From there it went another 100x to 5 billion. Now it crabs at 250 mill. Lition can easily do the same in a bullrun. The most important thing is to get positioned. Quite a few of us will make it and sell waay before it hits peak prices. That is 120 dollars a LIT. Most of us will make it at 10-20 (Around 500-1b cap).

[Anonymous No.23233802]

>>23233755
What pisses me off the most is the dogshit that has been pumped here recently, literally blatant scams like ampleforth, and now just total 0 effort scams. Meanwhile Lition is pretty obscure, even on biz

[Anonymous No.23233842]

>>23233802

Because biz is retarded. So is the average crypto holder. Luckily for us enterprise is not, and utility tokens for mass enterprise adoption will be the ultimate winners once crypto matures and becomes mainstream.

[Anonymous No.23233883]

Quick question for you faggots. Will there be some form of inflation or is the max number of lit fixed? Because I dont really understand how viable it is for a crypto to exist without inflation

[Anonymous No.23233898]

>>23233883
The max supply is fixed

[Anonymous No.23233944]

>>23233883

Bitcoin is an example of a coin with a fixed supply. So as its value rises factor in decimals. So where $1000 used to get you 1 BTC it now gets you say 0.05 BTC or whatever the current market rate is.

[Anonymous No.23233968]

>>23233883

Bitcoin is an example of a coin that's deflationary. So as its value rises start to think in decimals. So where $1000 used to get you 1 BTC it now gets you say 0.05 BTC or whatever the current market rate is. Opposed to say how $1 will always be $1, but its purchasing power devalues over time.

[Anonymous No.23233987]

Well well well burgers kept us alive, thanks guys we really are going to make it arent we

[Anonymous No.23234065]

>>23233755
>>23233798
Yes I was there and I had ICX, thought I was going to retire right before the bubble popped, peak delusion. Completely forgot about the dental coin haha

So glad I stayed and accumulated link after the crash.

[Anonymous No.23234094]

>>23233883
>Because I dont really understand how viable it is for a crypto to exist without inflation
Why? What's so difficult to understand?

[Anonymous No.23234123]

>>23234065

Same. I made it with ICX and was gonna sell during the conference. Shit started tanking and had to abort and go back in LINK. Was a nice lesson. We are the oldfags now it seems. They all sold in peak December btw.

[Anonymous No.23234126]

>>23233842
Its funny you say this. My only other large holding aside from fantom is bat and i bought it back cheap solely cause i thought utility tokens would win out. Its one of the reasons i actually got into lit and lits literally my only low market cap hold

[Anonymous No.23234154]

>>23233842
I think defi also has a future, but there needs to be real life enterprise adoption and utility projects connecting real world usecases to blockchain for it to be useful. Right now defi does it backwards, it's as if the stock market and derivatives markets existed but there weren't any companies or commodities in existence.

[Anonymous No.23234169]

convince me that lition is the play bros
ive been holding fantom for 14 months now and i have lost faith
i think the gooks exiting and andre shitting the bed will taint it too much for real widespread adoption, and hoping that something will overtake ethereum in the foreseeable future just feels more and more delusional as time goes on
is it time to come home...

[Anonymous No.23234231]

>>23234169
M9 i have a nice stack of ftm that im going to hold dont let the fud get to you its a legitimately good project. But you should also hop on the lit train. Probably the only low market gem in a sea of absolute shit

[Anonymous No.23234232]

>>23234169
>convince me that lition is the play bros
lol, ngmi

[Anonymous No.23234244]

>>23234169
GDPR compliance. That's all you're getting.

[Anonymous No.23234274]

>>23234169
If the close ties with SAP (world's largest enterprise software company) didn't already convince you, how about this
>EU crypto regulations coming
>Lition is already gdpr compliant and is well connected and well positioned to be compliant to future regulations as well
>Lition can serve as an easy-access gateway for non-european companies to the highly regulated european markets

[Anonymous No.23234313]

>>23234169
it has dank memes and a semi-professional schizo fudder

[Anonymous No.23234332]

>>23234313
>dank memes
Sell your stack please

[Anonymous No.23234339]

Price predictions for post AMA? End of thursday price what you guys thinking? Honest answers I don't see it going up more than 50%

[Anonymous No.23234377]

The problem with lition compared to DeFi shillcoins is that Lit has actual value, and therefore it had a value which can be measured, and let me tell you, that value isn't moon, in fact the price has already peaked.

[Anonymous No.23234380]

>>23234339
Probably not much will happen. The only people that will see the ama already hold lition and apart from that nobody really knows about it. We will start rising once people find out.

[Anonymous No.23234388]

The problem with lition compared to DeFi shillcoins is that Lit has actual value, and therefore it has a value which can be measured, and let me tell you, that value isn't moon, in fact the price has already peaked.

[Anonymous No.23234425]

>>23234377
>>23234388
Imagine not having accumulated yet, not me

[Anonymous No.23234437]

>>23234388
This is so retarded I don't even know where to begin.

[Anonymous No.23234447]

>>23234388
What?
Most of the actual value is linked to the number of transactiobns and overall usage.
What are you saying? Lition energie will bleed customers?

[Anonymous No.23234457]

>>23234339
>>23234380

As always, we need exchanges. If the announcement is SAP though, it can make big headlines. Then we are off to the races.

[Anonymous No.23234464]

>>23234388
>that value isn't moon, in fact the price has already peaked.
I just rolled my eyes.

[Anonymous No.23234551]

Things with actual value can never have fantasy imaginary values. That's why /biz/ won't touch it. And no one else will touch it.

[Anonymous No.23234552]

>>23234457
Yeah I still agree.
Liquidity is a lot better now but it would profit a lot from a big exchange.
Which one would be best?
Binance?
Or a fiat gateway like Coinbase or Kraken?

[Anonymous No.23234558]

>>23234457
>. If the announcement is SAP though
No way they are going to do that in a random devs AMA, I know we have a surprise from Richard but SAP would be HUGE

[Anonymous No.23234592]

>>23234552
Many people dont have metamask and find it a hassle to get it for something that if you dont follow it and you buy it on advise from a friend should only be 10% of your holdings.

[Anonymous No.23234658]

>>23234558
Richard is going to transition into Riccarda.

[Anonymous No.23234671]

>>23234551
Like TSLA?

[Anonymous No.23234677]

>>23234552
Any of them would be great, but it will be Binance. Coinbase and Kraken lists a while later. Even Kucoin, Bithumb or Bittrex would be nice. Just something that is a bit more normie-friendly without having to use MetaMask.

>>23234558

Impossible to tell what they are up to. SAP or Volksbank would be massive.

>>23234592
This

[Anonymous No.23234680]

>>23234551
Stocks P/E...

[Anonymous No.23234703]

>>23234551

Delusional. Nothing is based on P/E anymore. Get the fuck out of this thread

[Anonymous No.23234708]

>>23234551
I honestly do not give a fuck if /biz/ doesn't give a fuck about it. All that matters is if SAP, Lition Energy customers etc. like it. You need to fix your priorities.

>>23234558
*Surprises
But I agree it will probably be something like an announcement of the fourth use case (A layer 2 GDPR compliant DEX?), Lition Energy customers being able to use LIT as payment and/or the launch of the other 2 sidechains. I highly doubt we'll hear about SAP in this AMA, but I do think we'll hear about SAP sometime this year. I doubt they'll announce Binance because otherwise they probably wouldn't have had the Uniswap liquidity incentive program.

[Anonymous No.23234711]

>>23234677
Won't be binance if they want to stay compliant

[Anonymous No.23234738]

>>23234708
>I agree it will probably be something like an announcement of the fourth use case (A layer 2 GDPR compliant DEX?), Lition Energy customers being able to use LIT as payment and/or the launch of the other 2 sidechains
Definitely some good guesses here

[Anonymous No.23234782]

It won't be Binance, but take it from me if we get a Binance listing watch the pump closely, because as soon as it starts crabbing it will dump. This is becoming a regular occurrence. I'm 100% Staked so my hands are tied, but if you have a swing stack just keep this in mind. I lose $20k paper gains learning this lesson. But as the anon before said, Binance isn't in line with current LIT regulations as far as I know

[Anonymous No.23234946]

>>23234551
>/biz/ wont touch it
>/biz owns 30% of supply
You can only pick 1 mate.

>>23233802
It's not getting shilled on /biz/ because it's not a good token to pump and dump. It's only on DEXes and no longer at rock bottom (below 2 cent early this year), so the pajeets dont try to pump it.
The /biz/raelis that do hold it usually hold it as a large stack within their portfolios and arent noobs with no money.
Many hold several hundred k.
.t holding several hundred k.

[Anonymous No.23234980]

>>23234946
Wrong
1% of /biz/ owns 30% of supply (the retard faction)
99% of /biz/ won't touch it (the wise, those who have seen it all before)

[Anonymous No.23235017]

>>23234980
>99% of /biz/ won't touch it (the wise, those who have seen it all before)
Why are they wise? What do they seen in LIT that scares them away?

[Anonymous No.23235029]

>>23235017
They are so wise that they invest in stateraconnect and kleros court tokens.

[Anonymous No.23235053]

>>23234980
>1% of /biz/ owns 30% of supply (the retard faction)
>implying these ppl are retarded for knowing earlier when to buy

Found spenny/Sjon/HittingIt/Trevor, the people that got made an example as of how to not chimp out while fuding. Imagine living with the fact that MikefromMalaysia did a better job than (You)

[Anonymous No.23235061]

>>23235017
The fact that is has a valid use case and will never more than 2x from here. Nice product, sure. But will it make them rich? Not a chance. They're better off buying COOM.

[Anonymous No.23235106]

>>23235061
>The fact that is has a valid use case
One of the weirdests criticisms I've ever seen.
>will never more than 2x from here.
But why won't it. Will Lition Energy customers only do a 2x from here? Will no new sidechains open? It's incredibly obvious you're FUDing to accumulate.

[Anonymous No.23235110]

>>23235017

2019 there was a mainnet delay

2020 we remain solely in our own generals opposed to creating several threads at once whilst shilling in unrelated threads

To answer your questions, 99% of biz need to be told what to invest in via huge conversation bias because they lack confidence in their own decision making whilst lacking the patience to actually research projects themselves

[Anonymous No.23235150]

>>23235061
Weakest of fud.
They move along nicely.
>Solve a problem JP Morgan Quorum couldnt handle
Check
>Release mainnet
Check
>Solve liquidity problem
Check
>Growing underlying usecase
Check
>income from trustnodes much higher than LPS indicating significant value being produced by network
>Check
This project's value is easily 5 times what it is on the market and the growth potential is insane.

[Anonymous No.23235272]

>>23230900

got 15k link and 450k lition

will i make it in 2020 allready?

[Anonymous No.23235295]

Well done burgers, glad to see this one still going strong

[Anonymous No.23235301]

>>23235272
Can't comment on the link but how does $45,000 sound?

[Anonymous No.23235317]

>>23227586
some came into the cafe i work at the other day
big dudes

[Anonymous No.23235324]

>>23235272
this is the true madlad chad portfolio.
Not in 2020 no, but how does 37,5 million sound?

[Anonymous No.23235445]

>>23235272
how does 450 billion sound?

[Anonymous No.23235523]

How does $4.50 sound?

[Anonymous No.23235541]

>>23235272

Honestly you have caught me mirin

[Anonymous No.23235597]

How does Luisa cooming sound?

[Anonymous No.23235602]

>>23235523
We know you are trying to accumulate. There is no reason to spend time fudding if you aren't getting anything out of it. Or you are just retarded.

[Anonymous No.23235611]

>>23235597
probably bretty hot desu not gonna lie

[Anonymous No.23235643]

>>23235597
How much LIT to find that out?

[Anonymous No.23235645]

is hotbit trustworthy
i'd use idex but i forgot all my shit for it
i hate chinks as much as anyone but its better than nothing

[Anonymous No.23235671]

>>23235645
You will only be able to buy a few hunned litties on hotbit. Just use uniswap.

[Anonymous No.23235776]

>>23235645
Yes uniswap. No need for an account and liquidity is very good right now. Only 1% slippage for 7500 LIT
If you buy more than that I suggest you make sure your transaction has a high gas fee otherwise you'll get front runned.

[Anonymous No.23236172]

My only two crypto investments, Stakenet and Lition, have dedicated FUD'ers on /biz/ and I know for certain that I am going to make it.

[Anonymous No.23236455]

The ultimate test to determine if something is legit is to ask people to spoonfeed you. If they put effort into the spoonfeed you can be almost certain that it isn't a legit project.

[Anonymous No.23236539]

>>23224277
>https://www.litionstaking.com/
Can someone plz explain a couple of things on the staking calculator?

What is 'use cases' / What is the total staked tokens / circulating supply slider supposed to do?

thx frens, pretty sure I'm joining lit crew

[Anonymous No.23236606]

>>23235301
kek

[Anonymous No.23236656]

>>23236539
DUDE WHAT IF WE
DUDE
WHAT IF WE LIKE
PUT BITS OF PIZZA ON PINEAPPLE
GET IT
IT’S LIKE PIZZA WITH PINEAPPLE BUT REVERSE

[Anonymous No.23236929]

>>23236539
Use cases are the number of sidechains that exist (energy sidechain, SAP sidechain, etc). The more sidechains the more tokens that will be staked + more transactions.
The staked slider indicates how many tokens are locked into the sidechains - that means they are out of circulation, thereby making the remaining tokens more scarce and driving up their value.

[Anonymous No.23236994]

>>23235301
How does my fist up yo ass sound, pretty white boi.

[Anonymous No.23237080]

>>23233077
I did my part fren

[Anonymous No.23237219]

>>23235150
Only problem is the lack of demand for the token

[Anonymous No.23237404]

>>23236929
doing keks work, thx

[Anonymous No.23237525]

>>23237219
28 Million LIT in the pool
X Million LIT in trustnodes
790k LIT in Uniswap pool
690k LIT on IDEX books
260k on Hotbit books

About 40 million lit is being actively used.

[Anonymous No.23237717]

>>23236455
This take is flawed since you need to spoonfeed some at the beginning to plant the idea behind it. The more precise the spoonfeeding is the more educated the average LIT holder will be about his project which would lead to automated shilling (which can be good or bad)

[Anonymous No.23237752]

>>23237717
That's only true in the beginning

[Anonymous No.23237846]

>>23237525
Oh I know don't worry, but still, the demand coming from investors is kinda lacking and we still don't any info as to how customers will generate demand

[Anonymous No.23238052]

>>23237752
>That's only true in the beginning

>implying this isn't just the beginning

[Anonymous No.23238075]

>>23238052
Projects been around over a year, would be nice now that I've bought in the price goes up/traction starts

[Anonymous No.23238108]

>>23236455
>The ultimate test to determine if something is legit is to ask people to spoonfeed you. If they put effort into the spoonfeed you can be almost certain that it isn't a legit project.

This is so retarded.

>Someone spoonfeed me on Newton's laws of motion!
>Heh, you think I'm dumb enough to fall for that 'equal and opposite reaction' bullshit? Nice try shill.

[Anonymous No.23238180]

>>23234711
This, people shouldn't expect exchanges. It won't happen.

[Anonymous No.23238195]

>>23238108
No offense, anon, but the comparsion between a new business idea via blockchain and a law of nature (which flat-earthers dont believe lol) is a bit stretched to say atleast

[Anonymous No.23238197]

Anyone know when the AMA is?

[Anonymous No.23238215]

>>23238180
This why Lition at the very least should be a crucial hedge in someones portfolio. Its hedged via cryptocurrency appreciation/adoption and continued energy reforms, but isn't dependent on them.

[Anonymous No.23238229]

>>23238180
Kraken is good. Even got a banking license now afaik.

[Anonymous No.23238255]

>>23235061
Lition holder here. That's a bit the feeling I have, because somehow it is away from most crypto projects here which are solely confined within the crypto-realm. Lition is moving away from this and bringing real use for the mainstream. I think that's what makes it so unattractive for most people here and also seem like something not worth checking.
When you see the gaming/meme vibe of many projects, this one looks mild in comparison.
That's also its actual strenght, this isn't a meme this is a real project.

For me, Lition is the little nerd in the classroom which will end up rich as fuck when he'll enter the job market.

[Anonymous No.23238262]

>>23238195
I dont think thats the comparison anon was making. I think the point clearly is that, if someone 'spoonfeeds' you information, that in and of itself is neither negative or positive. you simply have to consider the information objectively and think for yourself.

[Anonymous No.23238372]

>>23237219
I'm getting a share of the money generated by all of the txs on their chain, an actual business. That's more than enough for me.

[Anonymous No.23238382]

hello anons. im new to crypto and finance in general, can someone explain to me why it seems to possible to transfer a token to any ethereum wallet? i thought that a wallet address is for one currency only

[Anonymous No.23238549]

>>23234708
>A layer 2 GDPR compliant DEX
This would be immensely bullish, right? Are there any current GDPR compliant DEXes? If not, wouldn't that mean a Lition DEX would be the only thing Euros can trade crypto with? The transaction fees are making my mouth water.

[Anonymous No.23238560]

>>23238108
I agree, if I see
>If you know you know
or even better
>Only few understand
I usually assume it's a scam
>>23238372
Well yeah kinda, you're getting a bunch of tokens but if no one buys them your not really getting any money

[Anonymous No.23238573]

>>23238382
No

[Anonymous No.23238654]

>>23238382
Well you thought wrong. erc-20 tokens can be sent to ethereum wallets.
Watch some vids on youtube or something.

[Anonymous No.23238682]

>>23238560
If nobody buys em, the price stays intact. Im still generating money unless Lition goes to 0 which is highly unlikely. However, the devs is planning to peg the reward ratio to the value of Lition in the future. Meaning if price of Lit goes up = less tokens/down = more tokens. But the value generated by the txs stays intact, of course I need to trade the Lit sooner or later which require a demand. But for my part I thing getting a piece of the profit covers it indefinitely.

Never selling my stack tho, only the dividends.

[Anonymous No.23238793]

>>23238180
I agree, their move to boost uniswap liquidity is a telltale sign for that.
It's pretty shitty because I don't know of a coin that reached 100M mcap on only DEX exchanges.

[Anonymous No.23238903]

How similar is litions green energy use case similar to EWT?

[Anonymous No.23239028]

>>23238903
Very similar with the difference that LIT is actually GDPR compliant due to the ability to X out hashes of the data (ie "remove" data)

[Anonymous No.23239080]

>>23238903
Also LIT is literally providing electricity to tens of thousands of germans as we speak.

[Anonymous No.23239113]

>>23239028
But isn't there still a pretty substantial adoption with EWT? so this tokens relying on being GDPR clamping down on the fact EWT isn't compliant

[Anonymous No.23239204]

>>23239113
They actually mention some of differences in the lition white paper. Lit aims to be decentralized where is ewt is poa

[Anonymous No.23239233]

>>23238793
If it never reaches mainstream exchanges it won't moon. As >>23238560 said, I could earn 100's of LIT a day as a reward if there's no buyers they will technically be worthless. And the "LIT as a payment" thing will also be useless since no normie will be able or bother to buy litties anyway. That's a big F.

[Anonymous No.23239325]

>>23239080
I'm in top 10% holding but I don't think I'll be comfortable until we kick off a little, sitting around where I bought in just makes me anxious it can crash at any point

[Anonymous No.23239418]

>>23239233
You dont seem to understand how markets work.
If the lition energy usecase takes off and sees let's say a million transactions per day that will be $10000/day in staking rewards.
These litions will need to be bought in the open market regardless of which exchanges are open. At current prices $10000/ day would cause a huge upward pressure. So the price will rise till this upward pressure isnt strong enough to push it even higher.

[Anonymous No.23239438]

>>23239325
Well at least liquidity is way better than a month ago and you can theoretically cash out without causing too much of a drop.

[Anonymous No.23239639]

>>23239438
Well in theory I don't want to cash out, I'd like us to sit at .25 or .30 by end of year then I'll happily leave my stack staking for a year but as of right now I'm too cautious something happens/we don't pick up

[Anonymous No.23240439]

>>23239639
>i'd like us to 2x in 2 months.
I want all my investments to do so in perpetuity anon.

[Anonymous No.23241348]

>>23240439
Well a x2 in crypto isn't really asking much

[Anonymous No.23241534]

If there won't be a big exchange where will lit be bought when used as a form of payment. The only thing I can think of would be their own exchange.

[Anonymous No.23241764]

>>23241534
Or directly sold by the banks they partnered with, as that seems to be where the eu wants to go with their legislation

[Anonymous No.23242751]

>>23225861
u thought almost all ausfags were rich.. or atleast had enough to buy more then 50k lit...

[Anonymous No.23243453]

>>23241534

It could be that they have made a new EX of their own. Maybe that is THE announcement, or one of them. The normies have to buy the token in one way or another, and that would the most userfriendly way for them to get it.

[Anonymous No.23243583]

>>23243453
Speaking of normies...LITION awareness definitely increasing on Twitter. That 3000-LIT contest caused an avalanche if retweets. I've seen LIT even win a few polls. The team has effectively increased their profile in time for AMA.

[Anonymous No.23243712]

>>23243453
They barely managed to get a mainnet up and running with their 2 devs and you're expecting them to pull a new exchange from their sleeve?

[Anonymous No.23243806]

>>23243712

Where did I say I expected that?

[Anonymous No.23243813]

>>23243712
You are underestimating

1) The current dev team
and
2) the state of the blockchain when Dragos and Patricio started to work for them

[Anonymous No.23244197]

>>23243813
havent looked at the team for maybe a year or so, looks solid as fuck right now with all these technical guys

[Anonymous No.23244241]

Why is lition sponsoring scams?

[Anonymous No.23244253]

>>23243813
ftp was a fool doubting them, he even personally harassed dragos to prove he's unpaid and just working on lition as a hobby during his PhD - all this to convince people that we wouldn't have had a mainnet any time soon

[Anonymous No.23244417]

>>23244253
I can only tell you that Dragos gets paid pretty good

[Anonymous No.23244592]

>>23244417
Yeah? IN COCK!!!!

[Anonymous No.23244711]

>>23244592
>Yeah? IN COCK!!!!

[Anonymous No.23244760]

>>23244711
Nice but that's smilex

[Anonymous No.23244824]

>>23244760
True but you're a filthy benzo-sniffing abo :^)

[Anonymous No.23245048]

>>23244592
kek

[Anonymous No.23245071]

>>23244592
No, he's paid in Legos. Richard is actually pushing for Germany to switch over to a lego-based economy.

[Anonymous No.23245080]

>>23244824

Nothing wrong with a bit of Benzo's lad. Keeps your hands steady when partaking in this volatile market

[Anonymous No.23245127]

>>23245080
Just smoke weed lmao

[Anonymous No.23245180]

>>23244592
HAH! GOT 'EM!!

[Anonymous No.23245195]

>>23239113
Definitely not. EWT isn't actually being used. Lition has the only energy project available to the mass market. And for the 50th time, Lition is not an energy token. Lition is not competing with EWT. Even within the energy space they have two completely different goals.

[Anonymous No.23245295]

>>23243712
They fixed consensus literally months ago. They have many contractors helping them. While they were doing shit tonnes of tests for the consensus (which was fixed way back in April) they have been working on other things.