I’m all in on LIT

I’m all in on LIT.

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Am I gonna go broke goys?

Isn't that some utility token that's not needed?

You’re going to make it.

Yep. I’m selling

i saw the prices on that buy DeEn crap and its all priced in euros and credit card as payment yep im definitely selling too

gmi

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Me too

Very organic and natural rise in LIT and QNT threads recently. I will now buy these tokens due to this increase in positive sentiment.

They always have existed. They merely got lost in the sea of defi scams and you only took note of them now..

its a ded project, no token needed

No, I think it's quite a wise choice actually. I'm 60% LIT and 40% NEAR myself.

only 40% gonna make it

Good enough for me. But I think LIT is gonna make it as well. I've been holding it long before biz even caught on so I'm quite unfazed by the recent shilling on here. I bought it based on my own research, not because biz shilled it to me.

really? what makes you like lit?

All in on LIT as well. Not much like only $1200 but it's all I have and LIT is the best bet in crypto. We all gonna make it.

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I'm not going to shill it to you, you should DYOR like I did and decide for yourself. But I'm going to say this: Calling LIT a dead project shows you either didn't bother to do the smallest bit of research on the project or the last time you did so was at least half a year ago. The project has had major potential since the beginning but they couldn't get their shit together and launch a working blockchain. Things got real bad at the end of 2019 and even I almost gave up on them. But they have more than redeemed themselves during the past 6 month in my opinion and are really going for it recently. I think every project has it's ups and downs but LIT is in a great phase right now and thing are really looking up for the project (which definitely wasn't the case this time last year). The price of the LIT token seems to confirm this, it's been in a slow and steady uptrend since the beginning of this year. You certainly have a lot od dead projects in this space but LIT isn't one of them. No dead project's chart looks like this, they are merely flatlining. LIT basically did a 10x since January, which doesn't look very dead to me.

Good job user. You’re all in on dog shit

I don’t get why people get suspicious about recent LIT recent shilling. I’d be suspicious if absolutely nothing happened to justify it but that’s not the case. It’s always been a good project on paper. Then mainnet launched. Hence the revival of interest.

How do you respond to the utility token argument. Utility tokens have historically been a bad investment. Lition is a great business model, but how do we know the token is going to go up?

Fuck off nulinker

>How do you respond to the utility token argument.
Staking rewards are tied to the real life business, customers etc. More use cases, more rewards, more investment into token. It's a self fulfilling prophecy. Also Richard said eventually the tokens can be used to pay for Lition Energie etc. There are so many possibilities. All this "token not needed" bullshit is so stupid.

>Staking rewards are tied to the real life business, customers etc. More use cases, more rewards, more investment into token. It's a self fulfilling prophecy. Also Richard said eventually the tokens can be used to pay for Lition Energie etc. There are so many possibilities. All this "token not needed" bullshit is so stupid.

YES or NO. Can I make money by just HODLing and not staking.
Also I have 12k Lit so should I bother with staking?

You dont have to spoonfeed but plz answer sir. Am not pajeet.

>Can I make money by just HODLing and not staking.
Yes I just explained it. The real investment is going to come from big whales that end up pumping cause they want the APY rewards.
>Also I have 12k Lit so should I bother with staking?
Minimum for staking is 5k. You can do it but you only gonna end up earning like 2-3 LIT per day however that can be a lot of $ in the future. Up to you and your financial situation etc. Check the general for staking calcs and the staking telegram group

token not needed. /thread

Yes, read the whitepaper. It literally says that the token is not needed in there. Just goes to show that you faggots don't even bother to DYOR and skim through a whitepaper before you invest your hard earned money in a worthless shitcoin.

Because the other utility tokens had only little utility and much hype.
Take Siacoin for example. I love that tech, it's amazing and an amzing idea. But they're running for a couple years now and they have 715 TB stored on the network with a cost of 3 dollar/month per TB. Thats a yearly revenue of $26k. The Mcap is 118 Million and as a result only 0.02% of the supply is locked in file storage contracts.

Lition already has $15 million annually flowing over the blockchain and the fees that it generates has made stakers to lock in 40% of the supply. As they expand their usecases and drive up the number of transactions, they will increase the revenue being transacted over the blockchain and increase the total fees. These fees go straight into the pockets of the stakers. Creating a demand for more tokens to stake.

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What kind of FUD is this? kek

Looks like brand new copypasta to me kek.

Shilling start price pump.. wonder what happen with the price when the trannies move on to next pnd