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/biz/ - Business & Finance


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25484646 No.25484646 [Reply] [Original]

Alright /biz/nessmen,

As promised, here is the 7PM PST LCX-related thread from me, CRYPTO VALLEY INSIDER, also known as 91CC F186 9EE1 07CC E89C 3310 1FE5 C93C 4B72 E970. Check against the archive.is link here: https://archive.is/FeTxx#p25479559..

PLEASE ASK ANY QUESTIONS IN THIS THREAD! Sorry for the length of this post. Photos posted are from me, in various spots in Switzerland. I would post more, but most indoors photos are of me with other people, and I don't want to be doxxed.

---

I run a startup and live between San Francisco and Zug, Switzerland, which is known as the Crypto Valley. I have been to Liechtenstein three times for crypto-related events, one being a December 2018 "LCX Blockchain Session" with Don Tapscott (co-founder of the Blockchain Research Institute). My startup has received venture capital investment from a well-known VC in Silicon Valley, and a group of active angel investors and family offices in Zug, Geneva, and Liechtenstein.

I am very deeply networked in the Swiss and European blockchain/crypto space, and I have been invited to the World Economic Forum twice, this past year to give a talk on the coming decentralization of capital markets and blockchain technology. I have been in the same hotel as world leaders like Trump, Merkel, Shinzo Abe (the InterContinental Davos — the "golden egg hotel"). I have met Robert Shiller and Nouriel Roubini.

<u>***However, what you must understand is that this is just how Switzerland works.***</u> Nearly everyone you meet in Switzerland ***who is not Swiss*** will be either very wealthy or very influential. I could name drop a very long list of famous, influential, and wealthy people I've met and talked with, but this does not mean a lot in the context of Switzerland. If are an entrepreneur living in Switzerland or Liechtenstein, it is likely that you will happen across people like this on a somewhat regular basis.

>> No.25484655

Switzerland and Liechtenstein are quite similar — culturally and militarily Liechtenstein is just another canton of Switzerland, though Liechtenstein is a sovereign state and therefore more agile as it comes to regulation. Liechtenstein is also treated somewhat differently by the OECD, having only been removed from their "List of Uncooperative Tax Havens" in 2011 https://www.oecd.org/ctp/exchange-of-tax-information/andorraliechtensteinandmonacoremovedfromoecdlistofunco-operativetaxhavens.htm.. This is because Liechtenstein's banking secrecy functions differently than Switzerland's, and foundations in Liechtenstein enjoy incredible secrecy with no taxes. Liechtenstein is also one of the few countries that still allows for bearer shares to be issued (see this FinCen advisory from 2000: https://www.fincen.gov/index.php/resources/advisories/fincen-advisory-issue-19).).

Because of this, Liechtenstein and Switzerland are swimming in money. This is how LCX is able to score their pro advisory panel and WEF membership — they have a ton of untraceable private capital backing them. You should take these partnerships more as a signal that LCX has a lot of money behind them, not a signal that they have revolutionary technology or people (see: https://www.weforum.org/agenda/2017/01/who-pays-for-davos).). This may very well be enough. Capital and regulatory backing can get a project very far, and LCX has both. Liechtenstein will essentially craft the regulation LCX needs to succeed, and LCX has a safe haven of capital with private and family office investors in Switzerland and Liechtenstein.

This means they have the money to invite anyone they want. Don Tapscott was paid in the range of $50-100k just for his 15 minute speaking engagement to a group of ~100 people.

>> No.25484662

buy or not?

>> No.25484691

>>25484646
Thanks insiderbro. EOY projection?

>> No.25484716

This huge amount of available capital carries downsides though, namely that there is very little pressure to actually find product-market fit and create a startup which provides real value. This is one of Silicon Valley's biggest advantages — an ecosystem of investors that prioritize growth, users, and product-market fit above all else. The scrappiness that produces good tech companies like Airbnb and Dropbox is one of Silicon Valley's greatest assets. The DACH region (Germany, Austria, Switzerland) and Liechtenstein both function very differently, with the notable exception of Berlin (the "startup capital" of Europe). Crypto projects also have this problem — ICO raises often trail off and the projects die, because there is little pressure to build an actually useful product.

These projects are emphatically not scams, but this is not to say will build great products.

A few things to note about LCX:

- The advisors are legitimate (though I am not completely sure about Jimmy Wales). Their "blockchain sessions" are where they interview their advisors. See for example this with Shoucheng Zhang, an immensely respected, though now deceased Stanford professor: https://www.lcx.com/lcx-blockchain-sessions-prof-dr-shoucheng-zhang/))
- The LCX development team is almost entirely outsourced. Do not expect groundbreaking tech or cutting-edge software design. Align your expectations to the typical online banking experience — functional, but not great.
- KYC requirements will be a hassle, especially because of FATCA, unless they are able to build a full DEX. Most Swiss token sales exclude US investors from their ICOs for this reason.

>> No.25484721

General opinion about LCX? I see it as a legit blockchain company (registered AG etc.) but it seems too undervalued in the crypto scene where every pajeet coin is this big instantly. This is an older project with genuine backers, right?

>> No.25484732 [DELETED] 
File: 1.93 MB, 460x259, 1604711094582.gif [View same] [iqdb] [saucenao] [google]
25484732

>>25484646

Can you slide me some LCX pls?

>> No.25484743

thanks i just sold

>> No.25484766

>>25484716
- The "Prince of Liechtenstein" affiliated with the project is Prince Michael, not Prince Hans-Adam II (who is the truly wealthy one, at $4 billion personal net worth). To get an idea of how the family tree looks, take a look at this Wikipedia page: https://en.wikipedia.org/wiki/House_of_Liechtenstein.. Prince Michael has influence within the royal family, but don't be confused — he is not *the* prince.
- The Crypto Valley is full of global megacorps who quietly place their headquarters in Zug. Siemens, Johnson & Johnson, and Glencore are all headquartered in either Zug and/or Baar. Liechtenstein, in turn, is also full of companies like this. If institutional investors in the DACH region wish to purchase Bitcoin or ETH, they use Bitcoin Suisse (https://www.bitcoinsuisse.com/).). Until LCX announces an integration or partnership with Bitcoin Suisse, I would not expect them to process large institutional investments. They simply do not have the necessary order flow.

About me:

I got into this space after making a number of lucky crypto picks in 2016, which left me with enough money to found a company.

Currently, I am cash poor — most of my money is locked up in the equity valuation of my company. For this reason, I don't play the crypto markets anymore (and I simply don't have enough time do do that anyway). However, I do have a few thousand dollars in various coins, LCX being one of them.

Advice:

This project is not a bad bet. It is possible the founders will pump the token price with their own capital on launch, as markets of this size are very easy to manipulate. I do not foresee LCX being on the same level as Binance within the next 3 years, but I may be wrong.

>> No.25484782

>>25484646
Make it stack and suicide stack?

>> No.25484851
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25484851

>>25484766
>Until LCX announces an integration or partnership with Bitcoin Suisse, I would not expect them to process large institutional investments
at this rate why wouldn't they? and i'd rather be balls deep in it before that partnership, not after.

>> No.25484873

>>25484662
I would buy if you don't have any. But I would not buy more than 5% of your crypto portfolio.

>>25484691
Max $3

>>25484721
Legit, older project, genuine backers, yes. The main issue will likely be tokenomics.

>>25484732
Sorry, no can do.

>>25484782
Depends on your living expenses and what you consider making it.

>> No.25484916
File: 3.20 MB, 4656x3492, 20181201_154624_HDR.jpg [View same] [iqdb] [saucenao] [google]
25484916

Here is a picture from 2018 a few minutes away from their headquarters. This is the famous church of Vaduz.

Again, pictures from inside are all with me and other people, and I don't want to dox myself.

>> No.25484940
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25484940

>>25484873
>But I would not buy more than 5% of your crypto portfolio.
If you don't already have good capital I can't think of a better buy than this. What are some other shitcoins with similar, damn near guaranteed prospects? If you're a poorfag DCA'ing into Bitcoin at this point won't do shit for you. You need a moon mission.

>> No.25484950

>>25484851
Mainly because Niklas Nikolajsen is very guarded and protective of his company, and, knowing him, he will be resistant to forking his order flow over to a potential competitor.

>> No.25484982

>>25484940
yeah good point, i want someone to talk me out of dropping 80% of my portfolio

>> No.25484992

>>25484766
>- The "Prince of Liechtenstein" affiliated with the project is Prince Michael, not Prince Hans-Adam II (who is the truly wealthy one, at $4 billion personal net worth). To get an idea of how the family tree looks, take a look at this Wikipedia page: https://en.wikipedia.org/wiki/House_of_Liechtenstein.. Prince Michael has influence within the royal family, but don't be confused — he is not *the* prince.

Oof.

>> No.25484998

>>25484646
Can we get an idea of the money behind this? Why did they pick LCX? I'm really interested to understand why this might be different than the other STO type platforms of the past (Polymath, Jibrel, WeOwn, etc).... They've all failed tremendously, and one even had Don Tapscott as an advisor. So in your opinion, why have they converged on LCX?

Also, just as a cheap question, what is the likelihood Brian Armstrong is the secret advisor/partner?

>> No.25485036

>>25484992
Yes, this is a bummer. The royal family functions similar to the Saudi royal family — there are many princes who have equal rights to the title of "prince", but not "crown prince".

>> No.25485043
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25485043

>>25484982
>i want someone to talk me out of dropping 80% of my portfolio
i'm 100% in so i have my skin in the game. even if anon is right with his lowball prediction of 3 EOY that's still way more pound for pound gains than sticking to BTC which even if it got to 100k is only a 3x

>> No.25485065

Whos the secret advisor!

>> No.25485099

>>25484873
$3 would net me 6 figures and I am quite enthused about that projection. Thanks anon for the comfort

>> No.25485155

>>25484646
> I am very deeply networked in the Swiss and European blockchain/crypto space
Hi Jeff! How are things going at 55?

>> No.25485164

kek this nigga owns a literal who start-up and been to lichenstein 3 times thinks hes worthy of being an "insider"

my mate owns a scaffolding company dosent mean hes rubbing shoulders with construction tycoons, faggot

>> No.25485177

>>25484998
The money behind this is more than $50 million, less than $150m, as a rough estimate. No one is sinking highly significant amounts of capital in at this stage.

I can't give you any estimate on Brian Armstrong being the secret advisor. I would hasten to say he is not, because US securities regulation significantly restricts what founders of public companies can or cannot do, and the SEC is not befriended with Liechtenstein. Given Coinbase is on the verge of going public, I would say this is unlikely.

The thing is, as I mentioned, all these STO type platforms have an idea, but not product-market fit. Polymath is one of the Crypto Valley standouts. Even with all the backing and advisors, these projects will struggle, because they do not have a clearly defined niche or product market fit. Enterprise software often falls into the same trap.

>> No.25485187

When does the secret advisor get revealed?

>> No.25485223

>>25485155
Sorry, I'm in my mid 20s. But I do know a Jeff in his mid 50s who hangs around the Swiss blockchain space.

>> No.25485234

>>25484766
What potential advantages would (a successful) LCX have over Bitcoin Suisse? General opinion on Bitcoin Suisse?

Thanks for making these posts btw.

>> No.25485240

>>25484873
>>25485099

>$3

all i needed to hear senpai. I'm already in 100% with my crypto. idgaf how long it takes. if its $3 eoy that'll put me at 6 figures which i can leverage into a million next year assuming I don't buy anymore and not factoring in side income/career income.

remember biz, get your cash flow high so you can take advantage of projects like LCX when they come around.

>> No.25485268

>>25485164
Again, in Switzerland everyone rubs shoulders with these people. My startup has >$2m in venture and angel funding, a significant amount from Switzerland, and I know people in all these spaces. The real-world crypto circle is quite small.

>> No.25485359

>>25484646
what are your predictions for when the exchange goes lives? could be about price of the token, or project development, anything you can share about what might happen in the next two days.

>> No.25485374

OP

What about the world economic forum? Is that a real partnership?

>> No.25485375

>>25485268
opinion on the pro trader service being 290 USD a month/2900 LCX tokens? pretty much makes the default price per token to be 10cents at launch right?

>> No.25485403

>>25485234
The biggest advantage LCX would have is a user-accessible trading platform, presumably focused more on tokenization than asset management.

However, LCX and Bitcoin Suisse are targeting different markets. Bitcoin Suisse has the advantage of transplanting an established business model (asset management) over to a different asset class. LCX is trying to fundamentally change how the economy functions by providing tokenization services that anyone can plug into. In the future, we might be seeing tokenized real estate and tokenized cars (like Curio Invest and Blockimmo, but traded via LCX). This means LCX is a riskier play with more potential upside.

>>25485240
Good on you. Best of luck.

>>25485187
>>25485065
Can't tell you anything on that.

>>25485359
I don't predict huge flow to start with. Take a look at platforms like Totle for an idea of the hype this project will get compared with Binance. Provided there is significant order flow, it is likely the token will jump to above $0.12.

>> No.25485416

>>25485374

I think they have some kind of a deal being listed at WEF's website:

https://www.weforum.org/organizations/lcx

>> No.25485442

i am a poorfag with only 2 ETH should a change 1 EHT and pay the gas fee?

please do the needful sr

>> No.25485458

>>25485375
Yes. The question is if people will actually use this exchange. This is where the dilemma of product-market fit factors in. I'm not sure LCX has reached it.

>>25485374
>>25485416
From my above post:
> Because of this, Liechtenstein and Switzerland are swimming in money. This is how LCX is able to score their pro advisory panel and WEF membership — they have a ton of untraceable private capital backing them. You should take these partnerships more as a signal that LCX has a lot of money behind them, not a signal that they have revolutionary technology or people (see: https://www.weforum.org/agenda/2017/01/who-pays-for-davos).). This may very well be enough. Capital and regulatory backing can get a project very far, and LCX has both. Liechtenstein will essentially craft the regulation LCX needs to succeed, and LCX has a safe haven of capital with private and family office investors in Switzerland and Liechtenstein.

They've probably paid in the range of $750k-$1m to get that partnership.

>> No.25485463

>>25485403
thanks schwizerbro, would you prefer waiting for a small dip or just fomo into LCX by tomorrow with 2k$?

>> No.25485500

>>25485442
I'm no investment advisor. This project does have a high potential upside, but that requires the exchange to have a real userbase. Maybe the /biz/ hype is enough to start with, but this project needs mainstream attention to get anywhere. How they will achieve that remains to be seen.

>> No.25485542

>>25485500

They have a dope music video.

>> No.25485547
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25485547

>>25485403
>This means LCX is a riskier play with more potential upside.
exactly why i'm in.

>>25485403
>Can't tell you anything on that.
can't, or won't?

>>25485458
>You should take these partnerships more as a signal that LCX has a lot of money behind them, not a signal that they have revolutionary technology or people
we all know tech doesn't mean shit for gains in the altcoin lottery though. i think the fact that there is alot of money behind this is a bullish sign for me.

>> No.25485587

>>25485500
what do you think are the main obstables for getting mainstream attention after the exchange launches?

what are the proposed solutions to these and do you think they will work?

>> No.25485622

>>25485587
obstacles*, im retarded

>> No.25485643

what is the diference fromBNB and this? why people would prefer that exchange comparted to binance/uniswap/cuckbase?

>> No.25485657

>>25485458

At least this isnt a pajeet scam. That was my biggest fear.

>> No.25485661

>>25485458
Will they ever put their coin on more exchanges like binance and coinbase?

>> No.25485677
File: 228 KB, 708x572, apu_music.png [View same] [iqdb] [saucenao] [google]
25485677

>>25485542
https://www.youtube.com/watch?v=POG68-SXIsY

Ahhahha just found this

>> No.25485737

>>25485657
OP said they're delivering a product that just works but doesn't innovate
So they're outsourcing to pajeets to do it on the cheapies

>> No.25485745

>>25485463
I am already in. If you can afford it, I would go in now with half of what you want to put in, see what happens overnight, and dump the rest in tomorrow or tomorrow evening if the price holds steady or doesn't jump too much.

If $2k is less than 20% of your portfolio and you can afford to lose it, I would go all in.

>>25485542
Many crypto projects with dope marketing haven't made it. The product-market fit for the exchange is the biggest unknown, and we will only see if that's achieved after launch.

>>25485547
> can't, or won't?
Can't say

> we all know tech doesn't mean shit for gains in the altcoin lottery though. i think the fact that there is alot of money behind this is a bullish sign for me.
This is true, to an extent. However, most coins which use a similar model (like BNB) have real platforms behind them. What matters is building a real userbase.

>>25485587
The biggest obstacles are that the tech is not on Binance's level. Binance is king for altcoins. Mainstream attention means they need some significant USP, like a non-custodial DEX (similar to Totle), or partnerships with Swiss companies like Bitcoin Suisse, Blockimmo, Coreledger, etc.

>> No.25485754

>>25485677
fuck.... i want to drop some ETH's in but i have no clue. this is really turning me off

>> No.25485778

>>25485677
thanks just sold

>> No.25485783

Nice dump on the news

>> No.25485805

I'm not fudposting but how come this coin is all over the board now and I've never seen it being posted here before today?

>> No.25485815

I'm gonna dump 1,000,000 more just to panic you fools.

Get ready for 0.040

>> No.25485842

>>25485661
If Coinbase or Binance offers to list LCX, probably. Binance founder CZ had a few meetings with LCX founder Monty where they went hiking in the alps around Liechtenstein. Look up "Binance LCX". Partnership is possible but I believe their relationship is tenuous.

>>25485657
Definitely not the core team. The tech quality may be subpar.

>>25485643
LCX more advantageous and solid regulatory footing, and promises to target the "tokenization of everything", as opposed to simply being an exchange for crypto assets. If they can deliver on that promise, and make illiquid investments tradeable, the platform will be huge.

>> No.25485850
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25485850

>>25485815
please no i just bought

>> No.25485859

>>25485805
someone answer this.

>> No.25485863

>>25485778
>>25485754

https://www.youtube.com/watch?v=YPlkHGzpxg0

Europe's first zoomer friendly exchange platform funded by multiple millionaires with a WEF membership at the launch?

We're all going to make it.

>> No.25485869
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25485869

>>25485745
you're making some really reasonable posts anon and most of us non retards appreciate the effort you're putting in. none of this is deterring me from my purchase, just in fact making my hands a bit more diamond knowing that it is, in fact, not a guaranteed rugpull scam but a legitimate project with a lot of money behind it.

if it ends up being successful, great, but if not we will still be making a killing on gainz.

>> No.25485872

>>25485677
Delet this

>> No.25485888

>>25485223
Thanks. You were likely one of two people based on what you said, looks like you’re the creative one. Looking at your site it seems you do have a solid background in crypto.

>> No.25485902

>>25485850
Don't worry I won't.

But 0.1 is pretty much guaranteed in 48 hours.

Just relax.

>> No.25485920

>>25485902
god bless you, thank you for the comfrtding

>> No.25485923

https://www.ico.li/no-binance-branch-in-liechtenstein/

>> No.25485925

>>25485805
>>25485859
because it just had a humongous 400% rally in the past 48 hours. it went from 1 cent to an ath of almost 6.

>> No.25485933

>>25485805
I have no idea. I just dropped in because I saw it being talked about and have been to their headquarters and met their team. I was surprised to see it here as well. It could be some sort of guerrilla marketing campaign to prepare for exchange launch. Chainlink followed a similar strategy.

>>25485783
Looks pretty stable. Where are you seeing the dump?

>>25485754
Realize that all projects at this stage are the "Schroedingers Cat of scams". You don't know what you'll get until the project launches. Chainlink succeeded, many others didn't. Risky bet with large potential upside.

>> No.25485949

>>25485902
let us small fishes know before you dump on us

>> No.25485951

>>25485815
thanks mate, i was gonna buy more.

>>25485805
its probably because there was a good pump today that's still holding. i know i wasn't even particularly early on it but still got in early relative to other people, so there was a lot of buzz surrounding that.

>>25485745
don't you think with all the big money names and high power partners they'll be able to find SOME way to get a solid user base? i know just today there was a lot of people getting acquainted with the xchange. surely once it's launched and they start marketing it'll be sure to shake things up because it'll be a competitor to binance and coinbase. and its regulated so that'd be a plus for earning the trust of the masses no?

>> No.25486010

Since I'm a poorfag that turned 300€ into 100€ and have lost like 30€ in shitcoins/altcoins I'm not sure.

I'd willingly put 30€ in. what should I expect?

>>25485677
General bussiness advice from an former teenager: don't try to appeal to teenagers please, both them and adults do cringe hard

>> No.25486013

>>25485778
>>25485754
>>25485872

Wait what? This is bullish. No pajeet coin has ever had such a marketing effort.

>> No.25486028

>>25485869
That's what I'm here for. I will try to pop in to give recommendations on other projects. /biz/ is a great format for these discussions but could use some more refined thought. Will try to provide that when I have time.

>>25485863
Certainly has a lot going for it.

>>25485859
Please see my related answer posted above.

>>25485888
Nice digits. Would be interesting to hear from you. 4096bit@disroot.org.

>>25485923
Binance LCX is a legitimate partnership, but Binance is also a competitor with LCX. It will be interesting to see what plays out if LCX gains market share.

>> No.25486114

Glad I got in earlier. Maybe will increase position over next couple days. Thanks for posting.

>> No.25486126

>>25486013
True, pajeet coins are only promoted short term on social meteor with shitty memes and that type of shit ass looking articles that look like the ones that only pop up if you went down too far into Google's pornhole.

>> No.25486129

>>25485859

Because I’ve Made like 4 LCX threads with the word official and general in the title, and that’s literally all it took. Also the legitimacy of the project attracts more anons exponentially. Additionally the fact that it’s gone up like 3x also helps.

>> No.25486154

Where should I buy this gem? I prefer to not pay like 40$ for fees on Uniswap. Some other legit exchanges?

>> No.25486175

>>25485888
trips of truth?

>doxx 'em

>> No.25486197

>>25486154
get trust wallet, use the wallet connect compatibility with uniswap,

set your own fees so you minimize damage.

>> No.25486203

>>25486154
yeah I got creamed last night and this morning for 80, but it is what it is. It's either that or buying on their site

>> No.25486214

>>25485805
It's been talked about for the last week and a half (and I'd bet that it's been longer than that)

>> No.25486227

>>25486154
Don't pay $40 for fees. Set your gas limit so your max fee comes out to $15 and that will be your top.

>>25486114
My pleasure.

>> No.25486232

>>25486154
yeah, the uniswap fees turn me off.

>> No.25486241

>>25486129
i have done autistic fbi level analyses of the writing styles of the last 15 lxc threads in the past 48 hours and have concluded that there aren't more than a dozen of us total. this doesn't include all the newfags and does include me and a few other falseflagging fudders (the cringey music video has been a blessing for fudposting)

>> No.25486255

>>25486227
But I would probably have to wait around 12-24hours to get the transaction through? Eventually it would even fail

>> No.25486275

>>25486241
that just means we gotta keep the buzz alive fren

>> No.25486316

>>25486255
I'm getting transactions through in 20 minutes with $15 fees.

>>25486241
What's your position?

>> No.25486348

>>25486241

Implying that we don’t all share like 4 different “writing styles” from all the years we spent on this Chinese basket weaving forum.

>> No.25486354

>>25486241
not saying this shit is going to rocket but I hope it does if only to see how mad people get when they missed another moonshot because of some gay music video

>> No.25486369

>>25486232
>uniswap
>fees
You mean the .03% or whatever to liquidity pools?

>> No.25486388

>>25486241
I mean yeah, there's like 4k holders, how many of them do you think are here on /biz?

..dats rite

>> No.25486448
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25486448

>>25486316
>What's your position?
i'm barely in for 20k. I just got back into crypto for the first time literally the day before LCX rallied that first day. Last time i was involved was during the last big alt season of 17 and I got reasonably large gains off of Binance launch. I am getting similar vibes with LCX, though not as strong as BNB... yet.

>>25486275
i was making stupid Bonded memes but i got bored of that project. I haven't thought of anything good for LCX yet.

>> No.25486460

>>25484646
Thanks for the info anon. 370k bagholder here. Feeling good about the project - target price $3 makes sense.

>> No.25486480

>>25486241

Shows these faggots know nothing about marketing. Look everyone is talking about it. Thats all that matters.

>> No.25486542

I feel like I’ve fallen victim to a Marketing campaign, but a darn effective one

$.50 eoy

>> No.25486549

>>25484873
Max 3, but what's the most likely? Under 1 dollar?

>> No.25486557

What does the token do?

>> No.25486582
File: 1.39 MB, 4032x3024, IMG_20200123_151547.jpg [View same] [iqdb] [saucenao] [google]
25486582

Check this out. View from the InterContinental Davos at the World Economic Forum this January. OC ofc.

>> No.25486583

Clearly OP is that Monty nigger.

>> No.25486584

>>25486129
well i jst swaped some eth and got a 16k bag. paid a total of 70 usd in gas ( 2 transactions) lets hope we all make it fren.

>> No.25486619
File: 348 KB, 747x664, 1605672280772.jpg [View same] [iqdb] [saucenao] [google]
25486619

Im optimistic, they need Binance level development. Thats the only way this can get to $3. They need some top tier developers otherwise it could flop. The biggest fud is the pajeet outsourcing, im not sure what to make of it desu. Hopefully Monty is a master buisnessman and can grow it like binance, only time will tell.

>> No.25486631

>>25486480
agreed

>>25486542
there is literally no worthwhile marketing scheme for this shit. i've been lurking in all of their shitty telegrams and all they have is retweeting their 8 licenses and BASED bullish beat song. All the actual marketing has been from a few fellow retards on here.

>>25486557
Like any good token, its purpose is to make you money.

>> No.25486638

>3 USD max
I'm not Brave McBigdick like some of you guys but making 30k off of 400 dollars in sounds pretty good to me, still. Here's hoping.

>> No.25486652

>>25486549
I'm thinking 70 cents to one dollar.

>>25486582
Check out the barbed wire in the bottom of the shot. Hotel is decked with snipers.

>>25486480
Brilliant, in a way.

>> No.25486682

>>25486582
If you make it in crypto would switzerland or Lichtenstein be a comfy place to live? I like warm weather but also enjoy snow and comfyness in winter.

Also what affect has the Ripple SEC stuff had on the 'crypto circles'? What are they actually thinking about it?

>> No.25486690

>>25486631
But what does it DO? I’m confused , this to do with an in development Swiss crypto exchange?

>> No.25486727

>>25486557
Utility token for the exchange that will be a tradeable asset. Don’t like the direction your BTC is heading? You can put your funds into LCX token, likely for a cheaper fee than stable coins. The real utility will be if other exchanges list it

Does the fact they have so many other exchanges available to link via API on their terminal increase the likelihood of the other exchanges listing LCX?

>> No.25486735

>>25486584

Wish I had more desu only got 21.5k can’t even accumulate more because every time it dips it gets bought lol. Just gotta hodl I guess. Good luck to us all.

>> No.25486757

>>25486582
i thought it would have a much comfier vibe. that looks pretty utilitarian and almost like a military base.

t. hab ma in Schwaben gewohn

>> No.25486790

>>25486652
>I'm thinking 70 cents to one dollar.
So similar to what many altcoin scams from 2017 did before they turned to dust.

>> No.25486804

>>25486175
>doxx 'em
Don’t think I will. I mostly wanted to make sure this wasn’t another /biz/ larp and OP checks out. Little high-functioning autism later able to verify that OP is legit, well versed in the crypto sphere and, from reading some of his/her writing, a decent person as well. One of the rare true insiders giving a little back.

>> No.25486895
File: 90 KB, 620x465, very honest guy.jpg [View same] [iqdb] [saucenao] [google]
25486895

>>25486790
>So similar to what many altcoin scams from 2017 did before they turned to dust.
and that's worst case scenario. if you're here now then you are so far ahead of the curve that you are going to profit enormously. a lot of the wealth on /biz/ comes straight from the shit piles of the 17 alt run even fucking digibytes

>> No.25486924

>>25486895
Do you think I should buy now at 5 cents? Will it dip to 4 or 3 in the next 48 hours or go higher?

>> No.25486956

>>25486652
i'm curious, has /biz/ ever been brought up or mentioned in a boardroom type meeting? i kinda wondered if this place is known outside this cesspool.

>> No.25486986

>>25486924
anon i have no clue. none. there was a whale who dumped like $300k and it all got eaten up immediately. at this point we're just gambling on whether it'll crab down back to 3 or 4 or moon overnight.

>> No.25486989

>>25486804
Thank you anon. Remember that PGP key. If I post something later on, I will post a signed attestation.

>>25486757
Aja Schwaben ish schoen. Davos ist anders in WEF zeiten.

>>25486790
That's true. If this is a functioning business and exchange, however, the potential upside is very large.

>>25486690
It's essentially a utility token that gets used to pay fees for the LCX exchange platform.

>>25486682
It depends. The pre-alpine region of Switzerland is really gorgeous, even in the winter you can just climb the mountains above the clouds. Industrial cities and the suburbs of places like Zurich and Basel are less nice to live in. It's certainly comfy tax-wise.

>> No.25486996

>>25486804
I agree, it was a joke. OP has very informative and interesting facts and I'm sure all non-retard anons here appreciate their posts and respect him/her privacy

>> No.25486997

>>25486956
wallstreetbets cries about us a lot and probably has a fucking ton of crossboarders

>> No.25487001

>>25486895

Alts mooning right now. This thing is coming on the scene at the perfect time for lift off.

>> No.25487034

>>25486956
Oh, definitely. I've brought it up as a software consultant a few times, and anyone working on a token project with any seriousness is aware of /biz/. Chainlink owes a huge debt of gratitude to /biz/ for the early shilling and "stinky linky" memes.

>> No.25487062
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25487062

Do you guys think we are being ripped off?

There's something off with Metzger...

And that music video... oh God... we ARE fucked...

>> No.25487082

>>25487062
Yeah, I feel kind of gullible and dumb buying at an ATH...

>> No.25487141
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25487141

>>25486241
I've heavily invested in three coins this year, like 10,000 euros each.

AVAX
GRT
LCX

So far GRT is shit. And AVAX has a year to truly shine... If LCX fails me... I'm gonna go ballistic.

>> No.25487161
File: 121 KB, 900x900, metz.jpg [View same] [iqdb] [saucenao] [google]
25487161

>>25487062
Keep fudding my whale friend!

Seriously, wasn't the exchange launch due to tomorrow? This seems to have timed out quite nicely with the general alt pump.

>> No.25487166

>>25487034
ok this is really epic, a bunch of autists and schizos in the conversations of a group of switzerland's millionaires

>> No.25487192

>>25486989
>Aja Schwaben ish schoen. Davos ist anders in WEF zeiten.
ist immer so militarisiert bei WEF?

For the rest of us retards, insider anon, what are some other under the radar projects you suggest? otherwise im all in on this.

>>25487062
>Do you guys think we are being ripped off?
have you not read the thread? i'd say the general theme of the thread is a resounding "no, we are not being ripped off"

>> No.25487198

>>25486989
Is there anyway for more tokens to be created or will the supply always be dropping?

>> No.25487206

>>25487161
Im not fudding, Im invested.

But that cringe video.

I mean if we make 100x, we'll use it as a meme anthem forever... but... if this Metzger is a failed fucking old money brat.. Ima kill him

>> No.25487301

>>25487161
i think it's the 5th or the 6th.

>> No.25487310

>>25487198
Supply will always be dropping. No more tokens can be created according to the terms of the smart contract.

>>25487192
Ja. Gib "Weltwirtschaftsforum" Scharfschützen in Google ein.

The biggest hidden gem of all time is https://minaprotocol.com/.. Static size blockchain based on recursive zero-knowledge proofs. Keep it under the radar. This will be the biggest thing since BTC.

>> No.25487332

>>25487206

The fuckers keep deleting my /biz/ dog whistle comments on that video

>> No.25487448

Looks like you can buy is straight from the LCX site without paying fees ? Am I missing something?

>> No.25487454

>>25486735
good luck fren. if it goes to 3 usd EOY I will be happy, or at least not lose my ETH.

>> No.25487480

>>25487448

1000 limit and KYC level 3 is not being processed for days at least

>> No.25487515

>>25487310
Mina wont be 'the' gem. Its a test to see if we can keep our mouths shut. So stfu chinks, pajeets and virgins

>> No.25487564

Here's a question for you guys

How do you handle the 16 dollars transaction fees between your wallets and exchanges?

Do you just suck it up back and forth?

>> No.25487611

>>25487480
so the best option would be buying it at liquid, transfering it to the trust wallet and hodl i guess. i only used binance before, what are the taxes on liquid?

>> No.25487621

>>25487564
The ETH fee market is terribly designed, so it's what we're stuck with for now. At least Coinbase pro charges half that for withdrawals.

>> No.25487651

>>25487611
Yes.

Taxes are for trannies

>> No.25487655

>>25487310
why did mina get a rebrand?

>> No.25487657
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25487657

>>25484646
>>25484655
>>25484716
>>25484766

Thanks fren, you a hero!

>pic related, you...OP

>> No.25487660

>>25487310
would you mind coming back to biz sometime around the time of the xchange launch? it'd be great to have you in the discussions that I'm sure will be going on at that time.

it'd also be great to have you back on here sometime next week or so while the post-launch dust is still mixing around in the air.

>> No.25487716

>>25487621
XRP and Flare will unironically fix this.

>> No.25487732

>>25487716
HAHAHAHAHAAHAHAHAHAHAHAHA FUCKING NEWFAG

>> No.25487734

>>25487655
https://coda.io has $80m in their bank account to bully perceived trademark infringers. That's what happened to Coda/Mina.

>> No.25487765

>>25487657
I'm honored.

>>25487660
Sure, I'd be glad. I'll sign my first post in a thread with my PGP key, and I may chime in on other potential projects I see being useful.

>> No.25487789

>>25487621
why would they build this over the fucked up ETH chain with the gas fees?

>> No.25487855

>>25487732
Have you done any research into Flare? It does seem promising. XRP on the other hand will wither away into the dust

>> No.25487861

i have a question for all the readers of this thread and no OP: how are we going to keep the discussion alive about this? clearly the marketing team is bad, so the obvious solution is the /bizrelite/ marketing team to step in

>> No.25487877

>>25487765

dude I used to live in andorra for some years, the bank I used to work for did some shady things with some banks in luxembourg

I think Liechtenstein is another member of the family, isn't it?

hugs

>> No.25487885

>>25487789
Because ETH is the only game in town for Defi and tokenization at the moment. Given that LCX is trying to partner with other exchanges and dip their toes into the defi market, it only makes sense to have an ETH token.

I am not a fan of ETH. Personally I see more promise in projects like Tezos, Stellar, Cardano, etc. But for now, ETH is king. With cross-chain bridges and Polkadot, the coin could be migrated to another chain in the future.

>> No.25487890
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25487890

>>25487734
>Coda/Mina
thanks for this tip. now that is some good fucking info.

>> No.25487903

>>25487310
Looks interesting, will dig through the site this week. Thank you

>> No.25487926

>>25487877
It sure is. The Luxembourg <-> Andorra <-> Monaco <-> San Marino <-> Liechtenstein family of European micronations is a rather secretive and shady family of dark money and banking connections.

>> No.25487975

>>25487890
>>25487903
Keep it quiet for now. Learn about it and then load up before everyone hears about it.

>> No.25487987

>>25487885
Makes total sense.

What have you heard about the SEC and XRP/ripple?

thanks for your time anon aprecite it.

>> No.25488034

>>25487651
Sorry, meant fees lmao.

>> No.25488045

>>25487885
XRp and Flare will allow ERC20 defi coins to run through the ledger rather than eth network. Launching Q1 2021

>> No.25488066

>>25487987
I've heard a lot of rumors from around the Valley. I have never touched XRP and I don't know very much about it. I'm a fan of Stellar, though.

I would recommend this video if you want the average SV take. Good info: https://youtu.be/i2DPyj0ftbM..

>> No.25488101

>>25487975
What exchange sells it?

>> No.25488108

>>25488045
Interesting. Well, I'll take a look into it. Again, I'm not a big XRP guy and remain quite skeptical of the team and hype around it.

>> No.25488120

>>25487310

How can I invest in mina?

Andorrafag here

>> No.25488149

>>25488066
>Ive heard a lot of rumors
This is the part where you tell us the rumors...

>> No.25488166

>>25488101
None. You have to join their Genesis Token program https://minaprotocol.com/genesis.. I know some of the team, sadly I don't have the time to be part of the program. But if I wasn't so busy and was looking for a good crypto project to hitch myself to, it would be this.

>> No.25488198

>>25488108
Check these out for a quick rundown
https://www.youtube.com/watch?v=-bMGWE6dJiw [Embed]
https://www.youtube.com/watch?v=zvoaU44ngTY

>> No.25488227

>>25488120
See >>25488166. Mainnet should launch in 2021 with the token if you prefer to wait until then.

>>25488149
The biggest one is that Jed McCaleb leaked insider info to the SEC.

>> No.25488258

>>25486010
Theyre trying to appeal to adults you idiot normie adults think teens entering a market is bullish

>> No.25488267

>>25484646
weak fud reddit tranny

>> No.25488268

>>25488066
>fan of Stellar
okay this guys legit. fuck it I'm buying

>> No.25488282

Aped 6 ETH into this, better not let me down /biz/

>> No.25488391

>>25488268
Stellar's "do one thing, and do it well" approach is something many other crypto projects could learn from. It's the only blockchain I've used that reliably works as intended, and has a reasonable fee market. Perhaps Nano is an exception but the Nano project has been managed so badly I can't endorse it.

>> No.25488415

>>25488227
He is part of the investigation though I think.

>> No.25488447

>>25488282
You couldnt ape your way through a jungle faggot

>> No.25488514

>>25488415
Again, I don't know enough about it to really comment. I will be interested to see how it plays out, especially given Ripple has quite a team behind them.

>>25488282
Best of luck

>> No.25488554
File: 2.78 MB, 386x400, 1592188435678.webm [View same] [iqdb] [saucenao] [google]
25488554

>>25484916
Put a timestamp pajeet.

>> No.25488594

>>25488514
Thanks for the info anon. I'm assuming Coda is also launching their token in 2021? I have about 500$ saved up and really want to invest into something big to pay off my insane student loans

>> No.25488610

>>25488447
Kiss my ass, sape

>> No.25488684

>>25488594
Yes, but they're known as Mina Protocol now. If you can afford it, an investment of $200 or participation in the Genesis Token Program could land you a 30-50x and potentially up to 100x. 1000x+ gains are very hard to find, probably nonexistent unless you're daytrading. But a 30x is achievable with good luck and attention. Mina is a good cholce.

>> No.25488785

>>25488554
The title is timestamped by my phone.

>> No.25488857

>>25488684

You are golden dude. I would love to hear more from you but There is no way I can find you through all the bullshit on /biz/

Hope to read you again

When I make it I will invite you to ski in Andorra and then eat a steak

Bless you

>> No.25488890

where can i check which cryptos can be exchanged in LCX? i was not able to find it.

>> No.25488981

>>25488890
I can get it with btc on liquid, now is a good time since it plummeted from 5 cents to 3,5 lol

>> No.25489007

>>25488857
My anon email is 4096bit@disroot.org. Shoot me a line I'd be glad to hear from you.

>> No.25489062

>>25488981
no i mean, which cryptos will you be able to trade in the exchange after launch?

>> No.25489067

>>25488785

Where the fuck is crypto valley?

>> No.25489092

>>25489007
how can i make an email with a domain like that?

>> No.25489147

>>25489067
Zug, Switzerland. It's where the Ethereum Foundation, Cardano, Tezos, Bitmain, Shapeshift, etc. are located. https://cryptovalley.swiss/..

>> No.25489178

>>25487861
>Get more S.E.X. with L.C.X.
should be the slogan

>> No.25489183

>>25489092
https://tutanota.com

>> No.25489213

>>25489147
Wasnt the Ambrosus guy based there? What happened to them?

>> No.25489214

>>25487861
Good question
>>25489178 might be good. Similar to the "stinky linkies" play but better imo.

>> No.25489251

>>25488684
where can we find when mina will exactly be launching? i want to get on this

>> No.25489276

Thanks, OP. You provided lots of valuable information and now I feel better about holding a big bag. Just hope it doesn't dump after the exchange launch

>> No.25489310

>>25489213
Every big crypto project is based there https://cryptovalley.directory/company-directory..

>>25489276
I hope the same. Glad I could provide some insight.

>> No.25489329

>>25489007
You are very well spoken OP. Maybe I'll write you a line one day. I might have a business idea.

>> No.25489345

Is there any odea of how big can the LCX exchange can get? Can they market it to german boomers and alpine niggers?

>> No.25489355

>>25489329
Feel free. With traction or a good product I have a network for you.

>> No.25489396

>>25489213
>Ambrosus
gang's all here

>> No.25489452

>>25489345
It's really anyone's guess at this point. But they could take the DACH region by storm if the platform works. >>25489251
https://minaprotocol.com.. Still TBD.

>> No.25489595

>>25489329

Aye man you better tell biz about it so we can get in on the ground floor, we hooked you guys up in the first place

>> No.25489783

>>25489452
I’m brand new but I’m in for 3000. Thanks for the info.

>> No.25490050

>>25489452
I didn't want to ask this cause it's kind of a basic-bitch question:

I want to really learn more about blockchain, crypto, altcoins, BTC, and the whole developing space. I believe it to be the biggest thing in the world since the modern stock market. The problem is I don't know how to really learn about it other than biz, reading about individual projects/whitepaper, and maybe niche twitter circles. I don't find the current news outlets to be very informative regarding the crypto space, i also don't think institutions are very helpful at accurately describing what's going on here.

I just came out of a top 10 university and can say that the formal education isn't too developed on it either. do you have any things you could point me to? this from personal interest, but also potential entrepreneurial projects in the future.

thanks for all your time tonight. it's been a great time.

>> No.25490264

>>25490050
Please email me. 4096bit@disroot.org

>> No.25490775

>>25490264
Hey anon, I would be interested in your answer to that as well.

>> No.25490916

>>25490264
also interested. I am currently a fullstack web dev and want to get into solidity/ethereum development. I am actually more interested in industry trends, I will learn the programming aspect on my own. What could I do to help me get a job working with this stuff?

>> No.25491094

>>25490916

Move to Zug.

>> No.25491301

>>25490916
basically same as me

>> No.25492045

>>25490916
>>25491301
Again, email me.

>> No.25492439

>>25489595
Based

>> No.25492527
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25492527

>>25486996
>him/her

>> No.25492782
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25492782

>>25492527

>> No.25493191
File: 144 KB, 817x630, lcxchart.jpg [View same] [iqdb] [saucenao] [google]
25493191

This is where we are in the LCX bull run. Learn to hodl for weeks and months at a time instead of cashing out at a mere 2-3x and getting bogged.

I suggest paying the gas rape premium, ETH has 2-3x left max while this will pump beyond your comprehension.

>> No.25493384

>>25493191
Biz are very poor, can only buy 1-2 eth. With this gas price they literally paying double

>> No.25493415

>>25485677
Jesus. Most bearish event ever

>> No.25493519

Tell me what is the suicide stack. Will I make it with 30k LCX?

>> No.25493566

>>25485677
I was wondering if someone have noticed this ever in these LCX threads. Yesterday I just seen my first LCX thread, went on their youtube and saw this. Immediately refused to swap my PNK on LCX.

>> No.25493635

>>25485677
This is cringe, but will probably stack. Get the kids signed on to their first tulip yay.

>> No.25493796

>>25485677
F
R
E
E
THAT SPELLS FREE
CREDIT REPORT DOT COM BABY

>> No.25493909

>>25493566
>>25493635
>>25493796

That video is for later to entice niggers and Mexicans to buy our 100x bags. They already singed lil uzi vert to slang it in march.

>> No.25494199
File: 197 KB, 1200x1200, LCX.jpg [View same] [iqdb] [saucenao] [google]
25494199

>> No.25494238

>>25485661
Binance will never happen, ever.
Coinbase probably if the Brian Armstrong thing is true

>> No.25494520

>>25494199
> lambo shillers again
Bearish af.

>> No.25494581
File: 146 KB, 357x378, 1534709776570.png [View same] [iqdb] [saucenao] [google]
25494581

>>25494520
check archives with the LCX.jpg filename
ive been shilling this project even back in fucking january
i bought at 0.002

>> No.25494604
File: 416 KB, 990x685, 1548962504442.jpg [View same] [iqdb] [saucenao] [google]
25494604

as in, january last year

>> No.25494715

>>25486028
>Binance LCX is a legitimate partnership, but >Binance is also a competitor with LCX. It will be interesting to see what plays out if LCX gains market share

OP, why would you lie to us?
https://www.ico.li/no-binance-branch-in-liechtenstein/

>> No.25494891

>>25494715
Sorry, I should have been more clear about that. The LCX terminal plugs in to Binance, as well as a number of other exchanges.

https://terminal.lcx.com/dashboard/binance/

>> No.25495135

Great thread, OP. Really appreciate all the info you gave.

>> No.25495244

>>25494891
I'm dropping 2 ETH on LCX today, but we need more 100x shitcoin suggestions. I wonder what you think about MITX, KIN, DEXG, LOCK, Encrypgen DNA, MFG and JRT. If you have any opinion, good or bad, on these coins, please share with us.

>> No.25495269

>>25486388
Probably 80%