/biz/ - Business & Finance

>not just posting a general

>>26381025
Gtfo with this unlisted scam

>>26381025
Scam project, token not needed. There is a lawsuit building in Germany due to missallocation of investor funding to build out an unrelated business. Holders wilk rope in a few months.

>>26381025
Are you sure? It's been performing like absolute shit since the Tomo acquisition.

>>26381025
No, XLM is supposed to be the CBCC!

>>26381025
Ouch, that price is shit.

The creators look to be selling off whenever someone bought in.

I see another CUM

>>26381316
>Ouch, that price is shit.
And we still look better than this one at this point in time.

>>26381025
Based, I'm a pretty decent whale and happy to stop buying but not till 250k or so. It's such a ridiculous buy right now, wgmi boys

>>26381842
We absolutely are. Look how much better we look at this point in the cycle of the bullmarket.

>>26381025
I'm interested. Shill me on why this is gonna pop OP.

Help an anon out.. if a coin I swapped on Uniswap gets added to an exchange can I then sell on the exchange? Or do I have to swap it back to ETH using Uniswap?

>>26382603
Buying it on uniswap means you have it in your erc20 wallet, so no you leave it as LIT anon

I don't think I will fall for this old FOMO.

>>26382464
Literally read his post

>>26382464
>I'm interested. Shill me on why this is gonna pop OP.

Lition Energy is mooning. 100+ new customers a day in Germany. All of those transactions will be using the Lition Blockchain and be paying nodes and those who stake to nodes.

Passive income for life anyone?

And that's just 1 usecase. The Vietnamese CBDC is the next one. Imagine getting paid to run the network that powers that currency.

It's like buying a house and renting it out, but buying that house for $10.

>>26381025
comfy af

can't wait for my stakes to end so I can dump 250k on you kikes

>>26382765
The CBDC shilling by Tomo is fine and all, but let's not assume it's a done deal just yet. For now it's R&D so basically vaporwave. Kyn has also specifically said that even if they get to work with Vietnamese government on the CBDC they might use some kind of Tomo's privacy coin instead of LIT, depending on which solution will be favored by the government. I am frankly way more optimistic about Lition Energie itself bringing immense value to LIT tokens.

Can someone explain how NEM pumped so hard? What was the hype?

>>26381194
>lawsuit
fake fud, lition unironically advised on new German crypto regulations, tomo works with Vietnam gov, none of those entities would touch lit with even the slightest implication of illegal activity. Also the Lition energy company (which uses the lition block chain and token) is a 100% certified German green energy company.

>>26381193
unlisted for now, retards like you are gonna fomo in once its listed on Binance and it will be. Tomo is in talks with exchanges. and Binance hosts 20+ tomochain master nodes.

>>26381238
Every token acquisition in the history of crypto has preformed like shit. Which is nice because Its real cheap now.

>>26382464
>Energy transactions for lition energy or going live on the lition blockchain Q1.
>Lition energy is a certified provider of green energy in Germany
>Tomochain has predatory fix on securing Vietnams CBDC, lition is a key component to this plan
>Vietnam is already putting all the countries diplomas, degrees, and certifications, on the tomo blockchain, very good precedent to have the gov develop their CBDC with tomo
>GDPR compliant
there's a lot more bullish stuff like windmills using lition to stay profitable after losing german gov subsidies (which a lot of them are) and etc. Do some research.

>>26383082
>For now it's R&D so basically vaporwave
Lition has way more use cases than CBDC and one of them is going live this Q1 so NO its not vaporwave, its one of the few tokens that has genuine real world use case. Even if the CBDC isn't obtained it doesnt stop other big players working along side with tomo to use lition for their institutional needs (because its GDPR compliant). Its already being used by sales force to verify/track lambos, and you can already develop on the lition blockchain with Microsoft azure

how TF will litecoin 15000x???

>>26383324
Lition is not Litecoin

>>26383316
I like your optimism and I proudly hold a 6-fig stack myself, but to play devil's advocate, I'm really wondering if Lition will be able to corner the market of the other said genuine real use cases in face of competitors like Unibright or LTO. I get that they are the first to have a nice working product (Lition Energie) but still wonder if tech written by two part-timers is so valuable so as to be worth hundreds of millions of dollars. Yeah, you could say that Tomo bought it, but we don't know for how much

Lmao quit it with this scam coin shilling jesus. Not seen something so obvious since bitconnect.

>>26381025
Tomochain price prediction? Since it owns Lition.

>>26383565
$1K eoy

>>26383666
thx satan, do I need to sacrifice anyone for that?

>>26383544
>face of competitors like Unibright

Are you serious?

>>26383544
Wouldn't doubt it if Richard just straight up handed it to them for free because he sold all his lit tokens and is no longer the CEO of lition energy, just an advisor. The acquisition was the best and worst thing for lition because it admitted that the original team (if you can call 1 ceo and 2 interns that lol) bit off more than they can chew. BUT it ended up in the hands of a company that could actually follow through on the original vision of providing a GDPR compliant layer 2 solution for enterprise development. Its still going to be a bumpy road for Q1 and Q2 as tomo tries to integrate this tech but the fact they're handling it is pretty bullish. Vietnam Gov also put block chain development as the #1 priority for growth and investment on a list of what they focus on innovating. With the diplomas already secured, and main development team based in Vietnam I dont doubt that its just the beginning of a fruitful relationship

What's its current competitor in the crypto space?

>>26382689
Thanks. If it's not on an exchange I have to use Uniswap and their retarded gas fees to sell, correct?

>>26384467
Yeah but Tomo have already gave heavy hints therell be an exchange listing in the near ish future (no idea when that'll be) but even that will guarantee a pump. No brainer buy, even if it's 10k suicide stack or something
I don't see this not hitting a dollar end of year/middle of next at max

>>26384212
Im not sure honestly because I haven't seen any layer 2 GDPR compliant solution shilled here other than unibright. Which isn't a bad coin its self but arguably they have different target demographics, Lition focusing on a Eurasian demographic, while unibright seems to have a western market focus. Truth is, there is so little layer 2 tech with actual use case that competition wont matter for a while. One concern I have though is the fact that having a mutable side chain wont really matter for institutional European investors because there's tech like TEE's (trusted execution environment) that can be built into hardware that makes immutable block chains run in a private and secure way that follows GDPR compliance.

>>26383990
I'm serious although most probably I'm also ignorant. If you can tell me why Unibright is shit be my guest, it will actually make me happy because I don't hold UBT and pretty much only believe in Lition.

>>26384095
Well, makes sense certainly. Even if we don't get that CBDC deal then perhaps Tomo will use it for something else. I hope.

>>26384629
Main thing we're waiting on are the transactions merged onto the mainnet.

>>26383666
checked, tomo 1k eoy confirmed

can someone please explain to me why this piece of shit has barely moved in a bull market>

>>26384834
>layer 2 GDPR compliant solution shilled here other than unibright.

>>26384946
>can tell me why Unibright is shit be my guest,

Unibright is NOT a layer 2 solution. It's token is used as collateral to use their software system which is just a GUI for smart contracts on Ethereum. It literally has no use.

LITION is actually a secondary blockchain that powers small sidechains on top of Ethereum that add faster transactions and deletability, which you need for the Energy Business, Document storage, and the soon to be CBDC ( Central Bank Digital Currency) usecase.

The LIT token is used to secure any sidechain on Lition including the energy one that is definitely happening.

UBT isn't used for shit. It isn't a blockchain.

>>26384834
Id like to add that even though TEE's can provide GDPR compliant immutable block chains, the tech its self has to be tailored to the individual use case it aims on providing, which is difficult and expensive. Lition straight up provides a working mutable side chain that can be used to launch services quickly. Tomos obsession's with providing its enterprise customers the options to launch their own DEX's with as many features as possible in a matter of days makes them a perfect match.

>>26385285
oh shit my bad, and based, then lition has no competitors heh

Bum

>>26385284
Because this is just the beginning of the bull market. It took 1 and half years after the 2016 bitcoin halving to launch it self from 3k to 20k, If you look at the RHODL value of bitcoin right now you'll see we are no where near the top, meaning that BTC is well on its way to shoot through 40k. Once BTC hits and passes 50k we'll have a real mania phase and alt season. By then lition will probably be listed on binance with a working energy usecase in Germany. There's also the fact that during the acquisition tomo stayed mostly silent and only released a small article update 3-4 months after the acquisition that confirmed 1. no lit tokens will be burned, and 2. liquidity and CEX listings are a main priority. During those 3-4 months there was the 40k bull run so no one touched it while it dropped and crabbed at 3-4c. Nows the time to buy

>>26386016
any price predictions?

Uhh, guys?

>>26386239
$6 bare minimum.
$34
$121
$232
$1015, only if max FOMO is turned on


Those are the levels depending on how high ETH goes.

>>26381025
> C tier coin going to 10000x
> Vietnam National currency running on a 5m mcap network
Can you imagine actually believing this?

>>26386016
if BTC trend follows stock to flow + RHODL, and an alt season storms in with a lition working energy use case + CEX listing, then lit will zoom past 1$ - 2$ easy eoy and tomo will be 10$ +.

>>26386488
> Vietnam National currency running on a 5m mcap network
it'll be 100's of millions by the time they make that announcement ;)

>>26386488
That's the whole point of this post. People on here need to realize what a gift this is being as cheap as it is.

I don't know anything else that compares. If you do, shill and be my guest.

>>26381025
wat this coin do?

>>26386575
Imagine the delusion.

fug im retarded

>>26386518
meant for >>26386239

>>26386702
t. didn't do his research
The writings on the walls

Cope. It’s been three years and the outed scammer long vuong aka utopianfuture who was kicked out of Nem can’t even pump his own tomoshit. What makes you think he’ll be able to pump a failed German energy project that Richard believed so little of that he sold and washed his hands of it.

Don't you retards understand what is going to pump????

my most justed coin

I was so stupid

>>26386680
Customers of Lotion Energie pay for Electricity with Lotion token

I'll bite. Got a couple hundred I can spare.

Where do I buy?

>>26387397
uniswap

>>26386239
$10 EoY seems to be the most thrown about. I'd say if it underperforms $1 does well $5+ it's a long term hold if you're really wanting that 1000x, might take 3+ years for it.
But I don't see any other micro cap token with this much potential

>>26387397
Hotbit, Bilaxy or Uniswap

>>26387465
There's a few other microcaps with the same potential but they're all very high risk/reward.
Lition is a steal at these prices. At the least it's definitely worth chucking in some change you're comfy losing.

>>26386680
it's marketed for applications that want to be GDPR compliant.
But it's mainly the electricity market application and perhaps a far future vietnamese central banking application.
The electricity market application should launch its transactions on the mainnet soon.
It's not clear how much will be charged to the electricity application.
Discussions seem to range from 1 tx / day per customer to 1 tx / hour with each transaction costing 1 cent in fees.
With about 20k customers estimated today we're looking at somewhere between $200 - $4800 in daily transaction fees.
If it's the latter that would be amazingly based.
Only about 35 million tokens are being staked for a total value of 1.5 million USD. At $200/day that would give an ROI of 5%, at $4800/day an ROI of 120%.
And the customers could easily double to triple in one year.

And yeah then there's the vietnamese central banking usecase as well.

>>26386280
It's a dead shitcoin with no liquidity so a child spending their weekly allowance all at once causes a noticeable pump. It's been swinging up and down by 20% per day for a while now (while everything else has been mooning).

Got myself another 20k some days ago. Absolutely comfy and ready for exponentially growing energy transactions and binance in Q2 to initiate the giga pump.. Comfy af

I'm kinda stupid.
Just installed MetaMask. Trying to figure out how to buy or get a wallet.

>>26387397
this was my old post.

Can anyone help me figure out how to get started? Thanks!

>>26388678
I don't see LIT as an option to swap to in MetaMask is my problem. I have an empty ETH wallet. Will fill later.

>>26381025
Where can I even buy it? I don't see it on my exchange!

>>26388678
>>26388817
go to coingecko and copy the contract into metamask

>>26388909
Do what now?

I am sorry, im new at this!

>>26388909
>coingecko
Thanks man. I got into crypto in 2013, been away for a long time.

>>26387925
Tomochains top priority is improving liquidity. Scroll the thread and DYOR.

>>26388988
https://metamask.zendesk.com/hc/en-us/articles/360015489031-How-to-View-See-Your-Tokens-and-Custom-Tokens-in-Metamask this is for metamask (your wallet) pic is for buying it on uniswap

>>26389310
The only actual plans from Tomochain have concerned listing on some absolute pajeet exchange.

>>26389428
Hmm. I want to buy, but it's very interesting to hear these different perspectives.

I'll need to do my own research

>>26389330
What are the possible future applications of this? Can I stack them?

>>26389659
Always the way anon. DYOR. I don't think the other has. A tier 1 exchange is in the works.

>>26389737
what do you mean?
>>26389092
yeah cmc got acquired by binance and is crap now

>>26389737
Yes they can be staked and you get rewards based on the # of transactions on the chain. As more and more corporate use-cases go live we get more and more transactions, thus higher and higher rewards.

>>26389879
Not trying to be a downer, but it seems a bit like a get rich quick scheme, no?

I certainly understanding being rewarded for allowing your tokens to mediate transactions, but it's just all so "new" to me.

I bought my first USDC a few days ago to bet on Polymarket. Thus why I'm here. Glad to be back

>>26389879
What are the predicted rates of rewards? Is it possible to get a source of monthly passive income out of this?

>>26381025
Thanks for the tip ive been researching lit and it seems like it could be very easily shilled to normies but it needs a normie exchange

Great time for us biznessmen to load up

>>26389963
>>26389947
I make about 20 lit a day staking 50k for a month at a time. you get more if you lock up longer - I think if you do it a year you get about 25-30% APY, but this is subject to decrease when the genesis bonus ends

>>26389947
Buy a suicide stack of XRP now that it is low, if it beats the lawsuit the price will quickly hit an ATH, at which point you can either keep hodling or sell to get the initial money you need to invest in other cryptos. The price is currently low enough to allow you to get a lot of XRP with a small investment, so even a low budget suicide stack might be worth it due to the potential pay off.

>>26390133
About staking, are there any risks to doing it? Am I somehow risking losing my assets by doing it?

>>26390133
20 Lit is only about a dollar though at 0.05 USD per coin, and that's with a $2500 investment. If the coin tanks, isn't the risk outweighing the reward?

>>26390175
I'm assuming a suicide stack is just a small amount of cash thrown at it?

I used Coinbase for my initial USDC buy for Polymarket. Is XRP best attained using a swap like Uniswap and MetaMask?

Thank yall in advance

>>26390276
You cannot have them stolen. The only risk is missing on a pump if you needed to sell but ideally in such a case you wouldn't be staking in the first case.
>>26390286
Good analysis, it is a pisspoor rate of return as they havent implemented the price oracle but I am thinking long term where I believe these tokens will be worth at least $10 each so in that case, I would be earning ~$200 a day. I am going to extend my staking contract once gas fees come down and I finish accumulating my stack

>>26390474
Could you please clarify "price oracle"?

Thanks, this thread has been super informative.

If there's a way to connect with you on Telegram or other means please let me know, I'd love to stay in touch during the long haul.

Current plan is I'd like to wait for Coinbase to finish verifying my bank (day or two more), then I'll buy some ETH and start using my MetaMask wallet(s).

>>26390133
Actually no, they have enough txs to cover the genesis phase now. Confirmed, however the real txs needs to be migrated upon the main net which will be done shortly.

>>26389659
>>26389947
>>26390286
>>26390552
based baiter

>>26390666
Not a bait :(

>>26390639
that was a lie fichard told in October to pump the price to sell his tokens

>>26390666
also, nice digits.

>>26390552
A price oracle would be a way to protect stakers from fluctuation of value of the token and fix the rewards at a certain fiat price

join the lition telegram and ill pm you

>>26390742
>>26390698
never lie to satan

>>26390666

>>26390666
>>26383666
holy shit double satan trips

>>26390770
ill have you know we are having a nice chat about boomers.

>>26390286
Oh shit, you are in the USA? Bad move bro, you are now locked out!

Sorry, you should try investing in something else I guess, maybe ALGO, LINK or DOT.

Buy SPDR instead for a low budget suicide stack for hodling.

A suicide stack is made up of basically whatever money you are willing to spare for a low budget high risk and high reward investment. You are basically buying something like $200-$1000 in a low price shitcoin that may or may not moon, with actual risk of losing said investment if the coin goes down. If you got $100 to spare and throw it at one of these, you will get a lot of coins for your money, but they are each worth very little and there is the possibility of them losing value completely! However, if they moon like BTC and hit like $40K, you will have a nice stock of them that you paid very little for, thus profitting greatly!

Think of it like playing in the lottery, except the chances of pay-off are much higher, and so are the bets!

>>26391127
> Oh shit, you are in the USA? Bad move bro, you are now locked out!

I was born here help me pls

> Sorry, you should try investing in something else I guess, maybe ALGO, LINK or DOT.

I've got a little bit of spending cash, have been looking at LINK, GRT, and XLM. Haven't thrown much out yet except for buying 300 GRTs.

Thanks for the advice!

>>26381025
have you ever heard of UNIVERSA? similar project

>>26391252
No it's not at all, lol.

This is a failed RLC

>>26391480
we gotta believe, brother.

>>26391222
>have been looking at LINK, GRT, and XLM
All solid bets, LINK is high right now so you might want to wait further to get it.

>I was born here help me pls
Due to the current SEC lawsuit against Ripple, XRP got delisted from a bunch of exchanges, specially for USA citizens. So you can't really get it I guess, maybe using a VPN and a foreign exchange but I advise you not to.

Can I buy this coin as an American?

>>26391554
It was more of a joke. "Help, I wanna get outta here" kinda thing. Unfortunately I'm gay and not funny.

Thank yall for the advice, imma go make dinner. See you on the moon

will i make it with 5000

Convince me to buy it

My wallet won't even connect to the staking site. I completely forgot I bought some of this. Did these dirty tomofaggots still my litties?

>>26392694
its a bug with metamask, either wait or downgrade to an older version, 8.1.3 is working for me.

>>26391901
Buy it and stake for 20% and when it hits $6 sell half.

>>26393481
What makes you think $6 specifically?

>>26393569
thats how much a nuggie meal costs at macdonald

>>26382765
If everything is so peachy why abandon the token? There is zero reason to unless you just wanted to soft exitscam

>>26394671
He’s an energy economist and was in over his head

How do I obtain this coin? Also, is it a scam? I've already invested in GRT partially due to biz. Haven't gotten an ROI on that one yet.

>>26395386
Replying to myself. If one of the guys was a founder of NEM this kind of smells like a Ponzi. The moonshot for NEM lasted for less than a week. It'll be the same for this coin. Really not a bad deal either way though. Sell when it pumps and that's a big chunk of change.

>>26394671
because the CBDC or the educational usecase would have never happen with richard. TOMO has these connections

how much lit would i make staking 100k for one month? And is there any risk involved in losing lit?

>>26395386
you can buy it on uniswap

>>26395506
It lasted a whole year and still maintains over a 1000x.

>the 2600 LIT I have will balloon to 600 dollars a token and I'll be a millionaire

Farfetched if true.

>>26395752
the only risk is losing access to your wallet or if the price tanks and the eth fees are higher than the value of the tokens you earned

>>26395752
1,764

>>26396496
i see, thank you. I really dont plan to sell for a long time. I figured years so no worry.