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

/biz/ - Business & Finance

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29424601 No.29424601 [Reply] [Original]

we will have our day

>> No.29425190

>CEO is known for scamming and pathological lying, has spent most of his childhood in psychiatric hospitals
>The issuance of the ERC-20 LTO tokens have a tradeable asset versus the staking asset. This could certainly flag the ERC-20 LTO token as a security at the SEC, and the resulting measures taken against the LTO Network would be anything but good. T
>The whole process of having three different tokens (native, ERC-20, and BEP-2) is confusing and unnecessary.
>The team claim to have been working on it for 6 years but their website was created 2 years ago
>LTO is centralized, slow, and the tokenomics are unsustainable if the price gets higher than $0.5 as it would force clients to pay much more than if they were using a regular a regular company.
>They are using IBM cloud to host empty PDF files and claim they have a partnership with IBM
>The token was only created to get funds in the ICO and could easily be replaced by a stablecoin
>Their only real partner is the government of Afghanistan, which has the 7th lowest GDP per capita of the entire world in 2020 according to the IMF
>Most if not all of their marketing budget goes into paying pajeets to shill their scam on /biz/ and Telegram
>There's no proof that all 60 clients LTO has are paying customers and the team didn't offer a free or discounted trial run to boost their numbers to make LTO more appealing to investors.
>In fact the CEO explained several times that they are giving free tokens to companies to try out their system, and you wouldn't know if these companies stopped using LTO and their transactions were replaced by fake ones.

2021 altcoin bullrun will be all about DeFi. You'll be missing the boat anon. Muh partnership, muh clients, muh real world use case, nobody care about that in 2021, this is not 2017.

>> No.29425509
File: 84 KB, 573x430, 1611347712967.jpg [View same] [iqdb] [saucenao] [google]
29425509

>>29425190
Yeah I want some more cheap LTO too bro.

>> No.29425693

>>29425509
>Rick made a short livestream after the pornstar incident and admitted he's had trouble keeping his porn addiction under control and has been spending his days jerking off to Brenna Sparks lately. (he was clearly drunk and high during the livestream)
>IOTA will be able to perform LTO's entire usecase for free. LTO is a fork of waves which offers no real innovation and will be replaced by IOTA
>CEO is a long time friend of Jed McCaleb and Mark Karpelès, he was the mastermind behind the rise and fall of Mt. Gox
>Most members in the team are trainees with no experience, only the Lead Architect is talented but he was diagnosed with prostate cancer last month and is likely to pass away this year
>The parent company of LTO, Firm24 has lost customers and is close to bankruptcy after a scandal involving 2 employees who participated in child trafficking
>It's been proven that the team shares and publishes misleading information about the number of staked tokens and daily transactions
>They recently hired a XVG twitter shill to be their spokesperson and marketing advisor
>They also dumped 500k LTO on Binance a few days ago and were caught red-handed
LTOlets BTFO

>> No.29426112

>>29425693
i have never read a single line of that copypasta fud. dont think i ever will

>> No.29426787

>>29426112
I did and it's medium effort
ultra bullish, I want more cheap too

>> No.29426932

Sell now, the CEO is a tranny - THE NEWS WILL COME OUT THIS MONTH. You have been warned and you will thank me later. This shit is a fucking stablecoin that dumps 50% every time BTC dumps 2%. DO NOT BUY YOU WILL GET SCAMMED

>> No.29426957

>>29426787
It's already cheap lol. Barely 2x the ATL in sats. Don't tell me you measure by $? ahaha. No one wants this shitcoin. 2x in a bullrun, woo.

>> No.29427005

>>29424601
drain binance so that fuck face market maker gets rekt for suppressing the price.

>> No.29427158
File: 8 KB, 250x202, 1612810285670.png [View same] [iqdb] [saucenao] [google]
29427158

SCAM
SCAM
SCAM
NEWFRIENDS DO NOT BUY THIS SCAM SHITCOIN WITH A PAJEET TEAM

>> No.29427395
File: 887 KB, 1123x1123, 1613933665303.png [View same] [iqdb] [saucenao] [google]
29427395

>> No.29427490

Whatchu gon do faggit, whatchu gon do wen no LTO left for you maggit, whatchu gon do when binance drained too pajeet.