[ 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

View post   
File: 89 KB, 1040x860, HUUU.png [View same] [iqdb] [saucenao] [google]
23572264 No.23572264 [Reply] [Original]

TOMOCHAIN ACQUIRES LITION

https://finance.yahoo.com/news/tomochain-acquires-german-enterprise-blockchain-123000291.html

>> No.23572295

yeah I'm fucking selling before I get chink'd screencap this

>> No.23572302

>>23572264
LITION 10$ EOY BUZZLIGHTYEAR PROPHECY

>> No.23572349
File: 35 KB, 600x539, 1600867503670.jpg [View same] [iqdb] [saucenao] [google]
23572349

FUCKING G O O K E D

GET FUCKED LIT SHILLS AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

>litfags: t-this is bullish!

>> No.23572449

>>23572264
Nice rugpull lmao

>> No.23572472

>>23572349
>>23572449
>FUD
>FOMO
ooohhh i can feel it
https://medium.com/@Lition_Block/tomochain-acquires-litions-enterprise-blockchain-unit-5f0b94a1cc6d

COPE

>The acquisition is structured to align incentives with Lition (LIT) token holders for the long term. We believe in the value of LIT and it will remain as an ERC20 token on the Ethereum network to power the Lition side-chain, as originally intended. The Lition treasury will be maintained as well, with all vesting and unlocks proceeding according to the preceding schedule laid out by the Lition team.
>Our shared goal is to continue to generate awareness of and use for the Lition brand and side-chain. LIT holders will benefit from TomoChain’s broad geographic and industry-level relationships across Asia. We will be exploring meaningful integrations and business development partnerships, exchange listings, and commercial work that will benefit the Lition community.

>> No.23572537

>>23572264
Lol duuuump. Back to 1c we go

>> No.23572629

>>23572264
Hahahahaha. That's why the team were dumping awhile ago, they knew this was dead and abandoned ship before this "acquisition"

>> No.23572777
File: 44 KB, 1080x239, Screenshot_20201028-083210~2.png [View same] [iqdb] [saucenao] [google]
23572777

Also, Richard will be doing an ama on Friday with the tomochain ceo

>> No.23572801

under EU regulations, i think LIT token holders can now sue for a share of the acquisition price.

>> No.23572860
File: 69 KB, 328x277, 1500154861417.png [View same] [iqdb] [saucenao] [google]
23572860

CHINKED

AAAAAAAAAAAAAAAAAAAAA

>> No.23572962

>>23572777
>from the Reich to the Chinese Imperial dynasty for the next century.
Checked

>> No.23573053

What the fuck? No...

>> No.23573085
File: 13 KB, 481x158, Telegram_JNRcKHMWnY.png [View same] [iqdb] [saucenao] [google]
23573085

Everyone calm the fuck down. This is fine.

>> No.23573158

Scammed again. When will /biz finally learn.

>> No.23573192

>>23572264
>Special announcement never happened before!
>Be ready!
>Be fucking ready!
>Here it comes!
>We bailed and sold out to some fucking chink LOL
Holy shit I'm glad I got out at 17 cents

>> No.23573224

>>23573085
This means that the 50 promised use cases aren't a thing anymore.
The stacking gains will never go higher because Tomochain will just use the technology they bought in other chains with other tokens.

>> No.23573247

>>23573224
>This means that the 50 promised use cases aren't a thing anymore.
are you autistic? this means the use cases are MORE LIKELY now.

>> No.23573949
File: 107 KB, 1080x1589, Screenshot_20201028-091154~2.png [View same] [iqdb] [saucenao] [google]
23573949

>>23573085
>This is fine.
Kek, it's ogre

>> No.23574027

>>23573949
wtf lol tomochain is a good project. not a lit holder btw, ive bought it twice and lost 80% and 30% on both trades, decidecd to never touch this shitcoin again after that

>> No.23574140

>>23573949
A few buys and we are up at the normal price again, which will happen since the news is actually not bad at all for holders. The people selling are retards and the liquidity is too low, therefore the drop. Just scroll through the orders, its nothing.

>> No.23574174

>>23573247
No because they don't need Lition anymore

>> No.23574222

>>23574174
nothing has changed about Lition. Just a new "owner". Same people. Same shit. If they needed Lition yesterday - why not tomorrow?

>> No.23575196
File: 86 KB, 1920x1080, ptf.png [View same] [iqdb] [saucenao] [google]
23575196

>>23573949
Not updated. LIT's trading at 15 cents now. Panic turning into FOMO, cause people realize that this is very bullish news. Dumpers got rekt, lmao. Weak hands.

>> No.23575300
File: 247 KB, 600x413, 1526508190875.png [View same] [iqdb] [saucenao] [google]
23575300

>>23575196
nice deadcat

>> No.23575324

>>23575196
This. News is actually bullish, Lition is a sidechain which will be used by Tomo and all of their connections = more usecases, more tsx.

Richard stays in the game and get more focus to focus on the energy business, to that alone will generate even more txs. I think this is for the best interest of Lition long term, I support this even tho I was a bit chocked at first.

>> No.23575362
File: 546 KB, 1280x720, 1601464524758.jpg [View same] [iqdb] [saucenao] [google]
23575362

>>23575324
Bah fucking phone.

>> No.23575395

>>23572801
exactly, these guys think they can get away, everyone with a sizeable stack on LIT should sue right away.

>> No.23575466

>>23575395

I've already made contact with the Kleros court

>> No.23575583

There was never any real need for a token for Lit and now there’s even less of one kek.

>> No.23575689

>>23575324
I think it would have been better if they waited until the ama to announce it