Lition Critic Thread

[Anonymous No.23553367]

Thinking of buying into this.
The concept is great, but there've been a lot of "great concepts" in crypto.
>IOTA
>SIA
>fuckton of "apps"

What makes Lition any different?
I do have 2.5ETH to throw at it, just to stake and see what happens, but how realistic is a spike?

[Anonymous No.23553450]

>>23553367
Its not a concept, the energy side business is already exploiting the blockchain and paying those that stack

[Anonymous No.23553501]

LITION has an energy business side that has real-world normies shopping for cheaper renewable energy P2P sans middleman. Those tx are generating real income that for stakers. THIS is the adoption that we've been waiting for and LITION has it.

I'm not going to bore you with the partnerships and the upcoming good news. And the flood of use cases about to spin out of Docmosis alone, potentially driving up the staking rewards many fold. The first paragraph sets LITION so far ahead of all these whitepaper roadmaps and promises. Good luck. If you miss out, it's your loss.

[Anonymous No.23553539]

slightly outdated (mainnet has been live since end of September)

[Anonymous No.23553609]

>>23546224
>What's so special about LITION
Don't know if it's you here again, but this question keeps getting asked lately as you newbies start to realize what a tragically undervalued monster LITION is. The immediate two-post answer to the question is right up your alley.
>>23546268
>>23546287

[Anonymous No.23553860]

>>23553367
You are ngmi if you don't know by now

[Anonymous No.23553902]

But you're wrong, Lition is one of those very few project that is not just a concept, which is why I am all in. They literally have 10m+ yearly revenue with 10k+ electricity customers, with their transactions happening live on the blockchain as we speak.

[Anonymous No.23553907]

Just picked up 10,000.
Guess you fags convinced me.

But, seriously, thanks for spoonfeeding. Cheers.

[Anonymous No.23554001]

>>23553907
enjoy the ride fren
see you at Oktoberfest

[Anonymous No.23554550]

What makes Lition so great is that it actually has real money and real customers bringing money into the ecosystem.

[Anonymous No.23554872]

>>23553907
ONE OF US ONE OF US
Dont forget not to listen to Mike, no matter how convincing his fud is

[Anonymous No.23555158]

biz finally realizing what a great project Lition is

[Anonymous No.23555991]

>>23553367
See >>23542855

[Anonymous No.23556278]

Do you know that with Injective Protocol's Derivative, users are allowed to have subaccounts? Injective Protocol allows it's users to have subaccounts with which they can use to handle and control their positions in one or more futures markets.

[Anonymous No.23556339]

>>23556278
Kill yourselves you disgusting currynigger. This is a Lition thread and by default inhabited by whites.

[Anonymous No.23556385]

Doktor Richard Lohwasser ist der Übermensch
Anonymous (ID: GM44EqOg )
09/30/20(Wed)22:38:02 No. 22953066
People often say that perfection in a man is impossible and prior to 8:39 pm, Wednesday 30th September, 2020 it would’ve been a statement I could’ve agreed with but I believe that Richard Lohwasser has just launched the most important mainnet of the Information Age and all ages before that. Blockchain projects in 10 years will not be able to match the superiority of Lition. This will be the project that defines 2020 as the year blockchain technology changed. The people hating on this project are just disappointed that Richard has not followed the usual norms of blockchain technology and has swapped out the usual features for a much more evolved, forward thinking and industry altering approach with private and deletable data. Years from now we will retrospectively see our lives in 2 eras: the world you lived in pre-Lition 2.0 and when everything you thought you knew was disproven and destroyed in the Post-Lition 2.0 society that has just begun.

[Anonymous No.23556459]

This is all you need to know.

>>23555555

[Anonymous No.23556532]

>>23553907
welcome fren

[Anonymous No.23556664]

>>23553539
Alright, answer this question and I'll throw my village's month food allowance into this coin (about 400$ kek).

Once everyone feeds the powergrid and the "big" names aren't making as much money as they used to, who will maintain the power grid? Who will have an incentive to fix the fallen wires, the broken electric poles, the burst capacitors, etc?

Currently (where I live, that is), a semi-private company maintains everything since they're pretty much the sole suppliers of electricity. Why would they keep repairing everything if they're not making bank anymore? Who will be in charge?

[Anonymous No.23557671]

>>23556664
Anon, there's a difference between a grid supplier and your utility supplier. There will always be a grid supplier that you have to pay because they maintain the physical network. Now think about the electricity supplier for a minute. They buy electricity from the grid through wholesale and sell it back to you with a huge profit that they use for their big buildings and workforce. You don't need them anymore when you can make a contract through blockchain with the actual producer of the electricity. Do you understand the paradigm shift now? No more e.on, vattenfal or any of the hundreds of other choices.

[Anonymous No.23557740]

>>23557671
Maybe it works different here. The company maintaining the grid is the same company supplying the power. When you pay your electricity bill, you pay company X. When you have no power, you call company X. When a tree falls on the line by your house, you call company X. When there's a fire and the power gets cut off from the electricity pole by the firefighters, company X comes and puts everything back in order.

[Michael Rees No.23557876]

>>23556664

Look up "Wheeling." By definition, utilities don't necessarily "own" the electricity they put on the grid. They own the transmission infrastructure, and you get billed for that by merit of your hookup (in your case, your landlord pays for it). The charges for the actual electricity are separate. Some of those charges are probably being transferred to generators operating outside of your provider's infrastructure. This is certainly true in the United States if you're on a local power authority or a local electric association. No municipal authority in the US generates enough power on it's own to serve all loads within it's grid. Electricity gets sold between grids all the time, with each sub-grid charging some amount to serve the power to the end user. Alternatively, a grid might block access to the end user, and will instead purchase electricity much as an individual would - there's a meter at a local substation, and that meter gets squared up at the end of the month with the purchaser.

[Anonymous No.23557949]

>>23557740
Google tells me there are 4 transmission system operators who maintain the electricity grid. You can't get rid of those. Next to that are the electricity suppliers you buy your electricity from. The middleman.

[Anonymous No.23558000]

>>23557949
In germany

[Anonymous No.23558019]

>>23557949
Google Hydro-Quebec. Then see how it works where I live. Just didn't know if how it worked elsewhere.

Hydro-Quebec is a semi-private company that makes enough hydroelectricity to power the entire Quebec province and sell extra to the US. No other power suppliers exist in this province. They maintain the power grid, they extend it, they develop it.

[Anonymous No.23558152]

>>23558019
I learned something today. Thank you, anon. But now you also now what Germany's situation is like and what their solution is going to do.

[Anonymous No.23558187]

>>23558152
Yep, definitely. Answered my questions, which I appreciate. Thanks, anon.