[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]

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

/biz/ - Business & Finance

File: 88 KB, 365x431, image.jpg [View same] [iqdb] [saucenao] [google]

23575284

LIT 5$ EOY Anonymous Wed Oct 28 10:55:57 2020 No.23575284 [Reply] [Original]

LIT 5$ EOY.
Screen cap this.

Missed your last chance to but this low. Cope threads like everyone who missed out on link coming soon.

The blockchain/token usage isn’t going to change.
Partnerships they had aren’t going anywhere. Tomo has existing relationships with Binance and other exchanges so listings will probably come fast now.
Supply is spread across three chains now (ETH/Binance/TOMO), that combined with staked coins will thin out order books
Just increased usage to new customers through business relationships. (Otherwise Tomo wouldn’t have wasted money acquiring)
It also wouldn’t make sense for them to keep the chain if they didn’t plan to put it to good use (the project could have just ceased to be worked on and Richard could have just gone to work for Tomo)
They have more developers + experience at their fingertips now to finish the project goals faster

>>	Anonymous Wed Oct 28 11:24:36 2020 No.23576085 >>23575284 You're right. /biz/ is just retarded and thinks that this is the end of LIT. Tomochain wouldn't have bought it if they weren't planning on using it. Probably a bunch of newfags selling because they're used to get rugpulled.

>>

Anonymous Wed Oct 28 11:27:05 2020 No.23576145
File: 324 KB, 400x388, anydaynow.gif [View same] [iqdb] [saucenao] [google]

>>23575284
This. Actually the most bullish announcement ever. Lition has arrived in Asia and their sales pitch in Europe just got infinitely stronger. TOMO is L1 and Lition is L2. Together in one ship.
>Lition just became the PRIME Enterprise Blockchain Solution

>>	Anonymous Wed Oct 28 11:31:06 2020 No.23576247 >>23575284 Based

>>	Anonymous Wed Oct 28 11:31:07 2020 No.23576248 What about SAP?

>>	Anonymous Wed Oct 28 11:32:59 2020 No.23576297 >>23575284 > Partnerships they had aren’t going anywhere.

>>	Anonymous Wed Oct 28 11:34:02 2020 No.23576326 >>23576248 Its still the same partners, use cases you had yesterday and you had before the announcement and more to come to tomorrow. Basically NOTHING has changed except synergies have improved and the scale of the entire project.

>>	Anonymous Wed Oct 28 11:34:18 2020 No.23576334 >>23576248 > Partnerships they had aren’t going anywhere.

>>	Anonymous Wed Oct 28 11:35:25 2020 No.23576363 >>23576326 This. The only difference is that a faceless Asian company now controls the blockchain. As much as I love Richard I think this is overall in the best interest of lition blockchain.

>>

Anonymous Wed Oct 28 11:36:17 2020 No.23576386

The token really does have the potential to be finished you retards. It all depends on what the ownership status is of the original devteam.

Chances are the LIT token is going to be cashed out as it gets transitioned and replaced by Tomo’s own project

>>	Anonymous Wed Oct 28 11:37:02 2020 No.23576412 File: 86 KB, 1080x326, Screenshot_20201028-085901_Telegram.jpg [View same] [iqdb] [saucenao] [google]

>>	Anonymous Wed Oct 28 11:37:57 2020 No.23576435 >>23576412 faggot i guess

>>	Anonymous Wed Oct 28 11:38:04 2020 No.23576438 >>23576386 Yeah I'd sell if I was you.

>>	Anonymous Wed Oct 28 11:41:03 2020 No.23576514 Holy fuck the amount of cope in this thread

>>

Anonymous Wed Oct 28 11:43:19 2020 No.23576576

>>23576386

They already have a bridge to TOMO, they will might transition it to run on TOMO instead of ETH. What would be the point to take the time to entirely move it to TOMO, they would have just hired Richard and scrapped the project.

It would be really bad for existing relationships/partnerships to do that anyways. I’m sure TOMO was also buying into their partnerships and relationships. This opens up a lot of doors for both of them and a lot of room for short term growth.

They could make it so you can “pay with TOMO” and have it transparently convert via market price to LIT. But there would be no point and a huge waste of time and money to rework the existing infrastructure and move it onto their chain, considering they can just convert to the token by doing nothing but using a bridge.

>>	Anonymous Wed Oct 28 11:44:05 2020 No.23576596 File: 6 KB, 240x210, 1379415608812.jpg [View same] [iqdb] [saucenao] [google] >>23575284 >tfw couldn't buy the dip it's not fair I want to be LITCHAD too...

>>

Anonymous Wed Oct 28 11:44:30 2020 No.23576607
File: 2.61 MB, 2359x1749, checkingmyrewards.png [View same] [iqdb] [saucenao] [google]

>>23576386
>>23576438
You had 2 years and your retarded FUD was already too effective today. Why didnt you buy your bags? You can stop now. We are going back up sweetie.

>>	Anonymous Wed Oct 28 11:46:21 2020 No.23576642 does this mean that future tomochain products will run through lit? I'm not quite sure how the sidechain fits into the picture but if tomo starts shilling lition backed projects in asia this will 100x

>>	Anonymous Wed Oct 28 11:55:11 2020 No.23576853 File: 260 KB, 1000x523, TomoDEX.png [View same] [iqdb] [saucenao] [google] >>23575284 It's all about the Tomo take over. Imagine privacy built on top of our litlets? Comfy