/biz/ - Business & Finance

Strap those German V-2 rockets on, because we're going on a moon mission.

>>21250125
>* virgin editions (conform to biz title standardisation)

>>21250339
Of course. Two green IDs but the one who stands up for what is right gets a pinkish purple.

>>21250339
Instead of conforming to biz title standardisation you should be wise and conform to the teachings of Kek.

>>21250424
Nice meme

>>21250548
I would if it looked nice,

>>21250615
And Thanks.

>>21250424
Who are the ones in the picture?
Richard and Juergen?

>>21250728
Yeah

>>21250774
cuties kek

Euros clearly aren't confident enough about Lition if they haven't already quit their jobs to participate in morning generals. Not very based at all.

>>21250306
I hope so, yesterday an anon was claiming price discovery end of week insinuating SAP announcement. Maybe it was the SAP insider.

>>21251406
Doubt it. Link?

>>21251339
10k germanon reporting in. My body is ready for this one.

>>21251406
Oh what's that?
Couldnt here you over the calming sound of the water and all my winning.

>>21251614
Meant for >>21251339

>>21251614
comfy

>>21251523
>>21234180

>>21251614
Kek. I could take a picture of some random place with /biz/ and date on it. However I don't doubt the SAP insider at all. I just wanted to see the comment for myself. Does anyone have a link?

>>21251406
Once it breaks 0.2 there's not much resistance and we'll go to the moon. We're at the most significant resistance now between 1.16-1.18 and we keep on grinding through it without a huge pullback. It's a matter of time before we're through. Last chance to buy in.

>>21251726
Hmmm... ok. Does that mean mainnet 2.0 will also be announced this week?

I bought LIT a year ago at 20c and it reached 32c then dumped. A year later the pump and dump group are apparently shilling LIT and all I hope for is they fool enough of you dumbasses to I can sell at 32c and call it quit

>>21251797
Cant wait for whiny bitchy weak hands like you to be silenced for good.

>>21251797

>>21251818
and I can't wait to call it quits
the SAME thing happened last summer. We started having LIT threads like ''omg SAP partnership OMG green energy omg 1bil marketcap incoming'' but then they just dumped it
another year sad LIT story. Fuck LIT

>>21251901
> 5M MC
> shilling starts
> my suicide stack is bought and safely staked

Guess I did good

>>21251901
>retards cannot tell why this situation is different from the situation a year ago

Never change and fuck off brainlet. And dont forget to return to reddit since you are smug, stupid AND pretty vocal about it. Thanks for playing!

>>21251956
I've been in crypto since 2017 you dipshit

>>21251979
see thats the problem.
midwit...

>>21251793
I'd say so.
Would be logical if they go hand in hand. They had what two weeks now of selecting trust node candidates?
Did anyone apply for that?

alright I'll be fair with you newfags, I'll delete my posts. good night

>>21251939
We're all going to make it

>>21252020
hes a burger. That explains it.
Why cant burgers help themselves?
We show them a goldmine yet they'd rather wage in a cage.

>>21251979
>I've been in crypto since 2017 you dipshit

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

>AND HE BOASTS ABOUT IT LIKE ITS AN ACHIEVEMENT


HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHHAHAHAHAHA#

*WHEEZES*


HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

>>21251979
Thanks man! Made my week. Screenshotted!

>>21251979
In since 2017
Still doesn’t know...

>>21252078
Kek dont be too harsh, last of the burgers are going to bed. High quality posting can now commence.

OOOH JAAA PUMP MEIN ENERGIEMÜNZE VATER LOHWASSER

>>21250125
One guy broke the mainnet by trying to onboard a node.

It’s been a year.

Pathetic tech, shit devs. Blockchain running off five PCs in the CEOs office.

Team persuaded investors to lock up tokens and then systematically dumped millions of dollars worth over the last year... without a working product.

Partnerships are merely pilots and PoCs, amongst the standard pay to play ones.

Congrats anon, you’re funding the team’s exit plan.

Pathetic.

>>21251979
Nigger...

...I've been here since 2009. LITfags will make it.

>>21251614
Kek what faggot larping with your little wagecuck vacation at the baltic sea, pathetic lmao

compounding my lit gains into more lit
suck it

>>21253167
Reminds me of all the early chainlink FUD.

>>21251614
Money skeleton is that you?

>>21253167
Give it up it's not good pasta

>>21253167
>>21253763
Smoked him

I just staked all my litties and it's dumping

Ok, I've decided that for myself my bag is big enough.
For anons looking to add to their stack here, I'll give you a hint. There's a big gap on IDEX right now between 0.00037 and 0.00041. You can put in sell orders and just outbid the bots, they will try to outbid you. This way you can drive the bots down. Once they are down at 0.00039 or so you can buy. Don't erase all your sell orders right away after the bots outbid you. If there's a too large gap in the book the bots will detect it.

>>21253167
Copied and pasted. Addressed dozens of times. Sorry you're not a winner.

if pink i sell my lit if green we moon

>>21253875
so all in on link?

>>21251979
> since 2017

>>21254013
I guess we will crab for a couple of days

>>21250125
Lition gathering fuel for the push to .20cent

I also bought last year. But it is a common mistake I have made previously. Biz is usually so early we fuck ourselves over because of it. We find the next hot shit when it is miles away from getting traction and movement. The same happened with LINK, we were too fking early. It pumped to 9000 satoshi and that was the ATH for over a year before we broke it. Same thing in LIT, it pumped on the fundamentals and usecase alone, but when there are no news or progress for a year in a bear market, it will take a while. My guess is this will steadily increase 20-30% a week for the rest of 2020 or moon hard on the SAP-announcement and then dump. Either way I dont really care what it does, I am locked and staked for a year. If this shit is worth 5 bucks this time next year, cool. If it is the same price I have doubled my money. Either way it beats the stonks and we have one of the best moonshots hit. They dont always hit, but that does not mean it will go to zero. We can get a 1000x, a 100x, a 50x, a 25x, 10x or 5x. Worst case we have doubled our money. Seems like #worth to me.

Oh and I almost forgot, fags.

>>21254999
Digits and well said. $999 EOY.

>>21254999
Absolutely based and checked.

>>21254528
Waiting for mainnet feels like...

>>21255325
One guy broke the mainnet by trying to onboard a node.

It’s been a year.

Pathetic tech, shit devs. Blockchain running off five PCs in the CEOs office.

Team persuaded investors to lock up tokens and then systematically dumped millions of dollars worth over the last year... without a working product.

Partnerships are merely pilots and PoCs, amongst the standard pay to play ones.

Congrats anon, you’re funding the team’s exit plan.

Pathetic.

>>21254999

>>21255474
this sort of FUD makes me bullish as fuck.

>>21253167
>>21255474

>>21254999
I've contributed to the ICO and held strong ever since. It has been a tough and bumpy ride for sure. Nevertheless I managed to double up my stack at 2 cents.
I always thought this was the absolute best moonshot opportunity in crypto and my opinion hasn't changed since.
It's just that we're so fucking early, like you said.
I've never held any coin for this long and I intend to hold until LIT goes up a hundredfold or to zero, no other option for me.

>>21255844
Checked

>>21255844
I feel the same way, there is too much upside to this project. I don't know any other shitcoin that has a successful (well it at least seems that way) side business that essentially demonstrates how crypto and decentralisation can be used to cut costs.
Also the team seems to have some serious connections with sap and the german government, but anyway it's all still a gamble

>>21252505
hehe

This is so /comfy/ anons.
I spend most of the time doing other stuff occasionally checking this thread and the price action.
Sometimes I venture out to the catalog and see the massive emotions and chaos.
Meanwhile I'm just in the Litgen feeling /comfy/

>>21250125
should i be staking 50,000 via a trust node, 1000 via a normal node or 5,000 via LPS? what has highest returns

HEY, LITKRIEGERS! YOU ARE AWESOME! LETS GO!

>>21252062
Burger with 35k reporting>>21252062

Any ausfag litters in the house? 50k staked and chillin

>>21256998
Trust node, but you could use your stack if you dont abide by the rules or something.
LPS is second best.

I have 100K that I intend to stake/TN
Is $10 per LIT realistic?
I just need 1 millon

Even $5 would do the work as I'll likely double these 100k over time with staking/TN

>>21256957
Its disgusting out there all those freaks shilling some Uniswop shitcoin that was invented yesterday.. no no im good in here chilling

>>21257501
>Is $10 per LIT realistic?
Yes, absolutely imho.

>>21257501
$10 would be 1 billion in valuation.
I mean look at all these crapcoins that reached 1 billion in valuation.
I dont think the next time there will be a bubble that the bubble will be quite as outrageous as the last time but still...

There is one thing that worries me about lition, is that it's only talked about/shilled here and hardly anywhere else. And the lack of a decent exchange as well.
But with nearly half of the supply already stacked, I don't see this couldn't pump more

>>21258390
>that it's only talked about/shilled here and hardly anywhere else
You mean just like LINK in 2017-2018?

Look at this thread:
>>21252700
20 bags posted, 1 with Lition.
This is consistent with my blockfolio observations. 5-10% of the anons here hold LIT.
If you share some allegiance to this site and other likeminded anons like us, you shill it here first.
Then when everybody has a bag, then we shill it on plebbit and twatter. This is a tried and true method, so we stick to it.

>>21258390
biz is, as always, early as fuck. my advice: get some grip strength.

>>21258503
>Then when everybody has a bag, then we shill it on plebbit and twatter. This is a tried and true method, so we stick to it.
i prefer to keep the price down for as long as possible and accumulate more. so only shilling on /biz/ for my friends. the normies will eventually catch on and THEN i will sell them my bags

>>21258503
I also want to expand on this line of thinking a little bit further.
When Chainlink was massively amassed on this site, Link was trading at around 40 cents and there were 350 million Link in circulation giving it a market cap of 140 million USD.
I dont believe that anons invested anything more than 7 Million USD into chainlink.
Crypto was going through a bear market and most anons had small stacks.
So even at the peak, /biz/ did not hold more than 5% of link in circulation or 1-2% of total supply.
Now three years later, /biz/ is wealthier. Not only did link go up 30 fold since then (turning that 7 million into 210 million but since some sold early lets say 50-100 million) but also those that did not invest in link profited from Ethereum or Bitcoin or some memecoins they rode (I think most anons here make money rather than lose).

Now with Lition even at a 1 year high in usd at 16 cents. The available supply of 60 million is only worth 9.6 million USD. It's clear that at these prices /biz/ could easily accumulate 10, 20 maybe 30 million LIT and stake it and end up with 15-40% of the supply.

So basically, we don't need to shill it anywhere else. At this market cap, it's better to just convince some /biz/bros to invest.

>>21258832
What is your price target? Don't sell too early anon.

>>21258832
Imagine selling lit

>>21259102
i never set price targets. my decisions are based on myriad factors. that being said i am certain that a $50 run is possible

>>21259215
You clearly haven't been here for long...

pic related is from mid 2017

>>21259289
was meant for >>21259197

>>21259289
I was OP on the recent /biz/ meltdown thread
>pic related

>>21259317
Not a question of time. A question of believing in a project and making it. Selling shouldn't be on your mind right now

>>21258068
jesus christ 2017 really was fucking insane. whats more insane is that i emerged from it poorer than how i entered. kek

>>21259472
I lost $11,000 on TRON and IOTA

>>21259505
Same, invested around 12k in IOTA and the dev team fucked it up. Atleast they're still developing, but Germany needs to step up their game when it comes to crypto.

Still dumping today

>>21260295
Have you looked at the volume?

>>21260583
No what is it

>>21260768
Extremely low.
That means that nobody is really 'dumping' as you said it but nobody is buyin and the order books are thin.

>>21261424
It's really comfy having staked 50k and not having to worry about the price

Considering this is a retrace, it is very mild. No one here gives a fuck about dumbing 20,000 LIT on Idex for a small profit. Those that buy that are probably doing it for staking. The more coins get staked, the less LIT is on the exchanges. At some point the demand will outweight the supply and we hit 100 mill ++.

999-

>>21250125
so fucking comfy

>>21262012
basically this. just look at the chart of how much coins are on idex it is steadily going down.

>>21262296
Bumping, dont wanna bake a new thread.

>>21259289
you clearly haven't been here long
pic related is from a bizonacci video

Give me mainnet daddy

>>21261424
Why is no one buying? Does no one want cheap litties?

>>21264022
what kind of returns can i expect from LPS

>>21264189
0.75 LIT / 1000 LIT every day if you stake for a year.

>>21264189
Uuh I stacked /compounded mine in april, about 75k in total and now I have 82k litties in the pool

>>21264189
Why are you asking me
However... 10k litties on a 3 month stake gets average 6 litties a day.

>>21264287
so for 5000 at the current rate i can expect around 1/5 my initial per year? thats not bad also considering price will increase in future
>>21264308
>>21264310
seems like a pretty reasonable investment at this point, im also an XSN holder and LIT seems very similar in concept but for trading a different asset class, so i already understand just how useful it can be. looks better than XSN at the current moment cause lower price, i guess that means lower returns tho

>>21258503
Pretty decent way of gauging popularity I guess
>>21258832
Dont really need a grip, I'm mostly stacked. Only kept a bag for swinging after the mainnet

>>21264419
Swinging objectives? I suppose if it really pumps you could make back everything you paid for the stake. But it's unlikely. And it's short term thinking

>>21264632
I swinged on the first pump as a correction seemed unavoidable. For now I'm just holding, the order book is too thin and we might get some good news this month

>>21264383
Over 30% at the current rate because what I quoted was for your first day. You can compound your earnings.
But I do expect it to diminish before August 2021 but that's my personal opinion.

Any new memes btw?

>>21250424
>>21250683
No but believe these are both new

>>21265075
alright boys well i just bought the dip, looking forward to gains
where do i go to set up a non LPS node?

>>21265762

>>21265762
...

just locked up 10k
let's get /lit/