>has a very bullish AMA
>staking has good APY
>more use cases, more transactions, more rewards
>huge future potential
Aaaand the price dumps. Seriously who in their right mind is dumping this if it's not the team as mikefrommumbai says?
LITION - Who the f*** is dumping?
Noah Garcia
Benjamin Sanders
Look at the whole market. Also stop watching price daily and get a life. I sent this while pooping at work.
Bentley Reed
Ffs user, how long have you been in this market? Never heard of 'buy the rumour, sell the news'? This was expected. Always a short dip after news before the fireworks start
Landon Collins
You actually bought this baby green dogshit coin lmfao.
Listen kid
richard aint a real doctor
the energy company is filing for bankruptcy
and mainnets been broken since march
you were rugged from the start should of sold at .40 cents like me.
Aiden Powell
It's Tesla isn't it. The announcement in two weeks. It's Tesla.
Asher Barnes
Unironically $100 after that
Aaron Gomez
You people still havent given up?
This is the ultimate shitcoin and noob-trap
t. Fell for the LIT noob trap last year and sold this summer
Jason Stewart
Damn, I wish
Aiden Bennett
ftp has been critical of Lition in the past, but he was bullish after the AMA, so I am as well.
Here is what he said:
"I liked the transparency the team (especially devs) showed. I wrote this on Telegram about two important things the devs said in the AMA:
- Node operators need to be known by the team until they come up with a technical governance solution (the ability to remove bad actors automatically)
- It is pretty easy to transition to a different layer one chain (from Ethereum). They just need to create a new smart contract on the new network and make sure to call the appropriate smart contract method.
I also appreciated Dragos talking about how they tested all sorts of scenarios (including multiple nodes going down) and the network correctly stalling and then working again as the nodes came back online.
I thought they made it obvious what would be on their late 2020/2021 roadmap:
- Continued integration into their energy business and new document verification sidechain (likely 4-6 weeks)
- Automated governance solution to allow any node operator into their network safely (this will drastically reduce the demands on the team to vet node operators and expand their network)
- Another Level 1 integration (likely Tomochain)
What I liked about what Richad/Kyung said:
- Richard said to expect a Mainstream exchange listing at the end of the month (they are currently negotiating the terms).
- Richard took my question about how they plan to use team tokens and he mentioned increased marketing as a main use.
- Richard stated that the Lition organization will not need to continue reimbursing stakes for the genesis phase, since they will be making enough in transaction fees to cover that cost.
- Kyung teased a major announcement/partnership happening in two weeks.
I wasn't overwhelmed with Docmosis (since it isn't a big name) but I'm happy to see another production use case.
Overall, I was happy with the updates and am bullish for the future."
Robert Powell
please explain, why is this a noob trap?
A company with real world use?
Brayden Cruz
Well real world use doesn't mean it's good. I mean all cryptos besides XMR and a handful of others are all useless monopoly coins and that is the truth.
As for LIT it just... doesn't perform and has no future. Look how bad it performed during the annual summer bullrun. It's just an overall shitcoin
Evan Martin
SHITION
I am telling you anons for weeks already. Literally. But there are retards here who think I am fudding. And who will say the same thing in 3 months, just as they did the last 3 months.
Some honestly don't learn. Not every critical comment on a project is FUD to buy more.
>Inb4 no Argument
I discussed my POV in several lit General threads
Luis Morris
It's weird how you post this like it's a proper statement from an industry leader or lition partner, when it's just the retard that is ftp. ARE WE MEANT TO CARE?
Isaiah Evans
It's shit like this that creates dumps huge expectations not met. We had a great AMA for long term holders but short term are gonna sell from too much hype.
Wyatt Adams
Can confirm Richard’s doctor credentials are proven to be fake. He has a Panamanian doctor certificate that he bought from a street vendor
Ethan Stewart
My main problem with the AMA was that Richard didn't give himself enough screen time, he should host at least 80% of it. No one wants to hear from unpaid interns wearing goggles. And it was weird that he didnt take the major announcement coming in two weeks (Tesla and SAP) for himself.
Christian King
all this fud is growing on me
too bad I staked my tokens for another three months, guess I'll just stop watching the news and enjoy the ride, good or bad I can't do shit about it.
Julian Price
it's barely moved that much especially considering the low liquidity. just relax.
Jack Edwards
Dude neither tesla nor SAP are in any way confirmed and likely definitely won't be, don't overhype and be pleasantly surprised if it does come true
Logan Peterson
SHITION
MAINNET BROKEN
RICHARD IS A FAKE DOCTOR
USELESS ENERGY TOKEN
TEAM DUMPING
VIDT DID BETTER
NOOB TRAP
MIKE WAS RIGHT
ADAM DID NOTHING WRONG
Jose Hall
Tesla is baseless rumor started by people on Zig Forums but cmon SAP is all but confirmed, their cto co-authored the whitepaper ffs
Michael Cox
I was ok with everything you'd written until
>ADAM DID NOTHING WRONG
Colton Flores
>Tesla is baseless rumor started by people on Zig Forums
Actually Adam Salam and renew started the rumour today on TG
Anthony Ross
This, if we went to 9 cents you could call it a dump but we are still over 12 cents so op should stop crying.
William Morris
Well ftp has been a crucial member of the community since I've been following the project and he's basically one of the few people I trust to give an honest opinion (plus he's super smart).
Ian Williams
I first saw it here weeks ago
Christopher Scott
The cto of sap co wrote the whitepaper. Tesla on the other hand is never going to happen.
Noah Reed
Tesla gets mentioned on here sometimes, but I'm talking about the new rumours based on the AMA
Jason Walker
>sold in summer
Based retard.
Nathan Gomez
Adam Salam Alaikum Boom
Brayden Parker
Where? They haven't mentioned Tesla in the main chat at least.
Luis Collins
Tesla rumours are ridiculous.
However.
>They already have an ROI of 20% without any help from big partners. With still a possibility to 100x their revenues in Germany only.
>Exchange listing coming.
>Big event never done in blockchain happening.
Jacob Hughes
I sure did faggot and I'm glad I did. I bought MEME after I sold and x20
As I said it's a piece of shit coin. You will never see it mentionned on twitter or youtube by "crypto people" because they all know it's a piece of shit.
Not like it's a new unfound gem or something, its been out for a year and a half, everybody knows about it
Xavier Lopez
Legos in blockchain confirmed
Carter White
You are trying to convince yourself that it was a good choice because you don't want to feel regret when lit takes off. And you don't wan't to buy again because you convinced yourself it was the good choice to sell. You are ngmi, I am sorry.
Sebastian Perez
>>staking has good APY
No one wants to stake a coin that gonna go down
Hudson Martinez
Based
In their little faggot side chat
Aiden Brooks
Let me guess, you first purchased LIT back in june, july or august didnt you, newfag? Or even worse you actually got into crypto this summer?