/biz/ - Business & Finance

think i might add LIT to the SCAM list

>>21705733
Why should a millionaire like me buy this token?

To all you pathetic EWT shills that are not only paid but will be as insufferable as NANO shills in the next bullrun:

-EWT is actually the shitcoin that is run in 2-3 offices since it is a PoA "blockchain" (See XRP)
-Even though it is out of beta it still has no active market and their only cooperation is with the austrian electricity grid (which is cute compared to LITs current marketplace which is the lot of Germany)
-LIT in the meantime is a blockchain framework constructed in co-innovation with SAP (the one of the biggest software companies worldwide) and in partnerships with i.e. Microsoft (the actually biggest software company in the world)
-LITs energy usecase is growing exponentially and is just ONE OUT OF MANY usecases in which LIT will be used (3 more usecases are already confirmed)
-Meanwhile anons are using made up "facts" to FUD LIT - a project which is currently in 420th place...should make you think.

Additionally to say is that EWT is actually paying shills/FUDers (Im looking at you, Twitter user "Hafagonia" and cohorts) to talk shit about a project which has 50000 times smaller market cap than themselves. Let that one sink in for a while. They are afraid of a project that are running an energy usecase without focusing 100% on it! HAHAHAHA boy I cannot wait until the EWT retards lose around 60-70% of their investments because they bought the top (which is very near). Keep on seething in the meantime...time will be our judge ;)

>Pic is your average EWT holder

>>21705733
that one with mental issues who is always obnoxiously fudding, I think it's the same guy who used to do that in Fantom threads. Same style, wording etc. While both are actually lgt af coins and doing well, and excellent long term holds. I'm just curious what his problem is, I'm guessing he either sold a bottom because of falling for fud himself and therefor he has the need to se that fud "proven" to feel less silly, or it's just oe of those faggot ass "bears" who has been waiting for the may 2020 second corona dip where everything dumps to $0 which never happend and is salty because priced out?

>>21705879

godspeed, end enjoy your Vechain, Nano and Cardano bags you sad as fuck redditor

hi frens and rankeesh gang, im back with some good news and bad news, which one do you wanna hear first

this coin has so much FUD it it's DESTINED to go parabolic.

>>21706125
>Implying anyone would take you serious
k lol

>>21705898
>Why should a millionaire like me buy this token?
Because price go up.

>How can a millionaire decently invest in this token?
If you take your time (and stay lucky that this isn't gonna move anytime soon) you can plough 200k USD into this and buy a million LIT without moving the price too much. There's 68k USD or 383k LIT in the orderbook on IDEX right now till 0.005 ETH, for an average price of 0.000434 ETH (less than 30% premium). (there's another 25k on hotbit). If you just buy 20k per day you will probably buy for even less premium.

>What to do with 1 million LIT?
Congrats you now have 1% of the total supply of this token.
You can stake it. Staking rewards in the staking pool for 1 year are currently generating a yearly reward of 29.6%

>What to do with 1.3 million LIT?
Congrats it's August 2021. 1 LIT now trades at $3 and you are now not just another millionaire but a multi millionaire. You decide to buy a Lambo and stake the rest for another year.

>What to do with 1.2 million LIT?
Congrats it's August 2022. 1 LIT now trades at $20 and you are now no longer just rich but actually wealthy. You decide to buy a Yacht and stake the rest for another year.

>What to do with 1.1 million LIT?
Congrats, it's August 2023. 1 LIT now trades at $110 and you've unlocked intergenerational wealth for your descendants. You decide to buy yourself a castle in France and stake the rest for another year.

>What to do with 1 million LIT?
Congrats, it's August 2024. 1 LIT now trades at $480 and you think you had a good run. You cash out, get yourself a nice waifu, she divorce rapes you and takes all your money. But what a ride it has been.