Wasnt there a Richard statement today? What happened?
Jordan Richardson
Not sure it is already time to end the transition hibernation. But I can't wait until Tomo wakes us up from our deep hopium slumber with good news.
Also: 40 nodes baby!
Carson Long
I unironically sold the last of my stack today after my final stake ended. Good luck LITfags, I sincerely wish you better luck than this coin gave me
Adam Lopez
Yes it's on telegram. It's also in the OP but that missed the first part of the statement. I'm busy now will try to copy later ITT
Jason Anderson
let us start a new fud episode? ok let goooooo baby
>kyn: lition energy and docmosis are not done deals. They are being explored. Sorry if it's been confusing, but I've tried to be as straight as I can be on that point for some time now.
>why we can't unstake early? >mama ahn: I asked the devs about that. It’s technically not possible uh how about when richard did it with "litsentbymistake" function lmao
"we will stop uniswap rewards" "no more token burns" "18$ welcome competition" and today announcement that will "steal some spotlight" same lies same scam and let the scam continue >4c already before even the 31dec richard 4.8ml unlock hahahahahahha
richard wanna use ecosystem tokens to pay stakers and tomochain isn't gonna give him any if it not written in the acquisition deal, simple as that
Owen Taylor
>The function allowed a number of community members to recover their funds after making this error. but none of 48 tx sent the tokens to an old wallet that staked lition in the past? all of them are new so it never have been used to refund some tokens sentbymistake
>also used for OTC deals by the former Lition core team prior to acquisition by TomoChain. all wallet sold their tokens in idex and uniswap so it impossible that any OTC deal has happened
>Lition sought additional liquidity in January 2020 to take advantage of a multitude of business development opportunities the ethereum and usdt is still in most of those wallets from april-may sell, from the early investors sell and now the "litsentbymistake" sell, so you didn't really need that money as you still keeping it in mutiple wallets and didn't cashout, the team even invested in yearn. finance back in july with the ethereum they got from dumping on the community here is one exemple with one address that recieved 650eth from mutiple team wallets etherscan.io/address/0x0422d559e2e26f02248257b13a44702b0c9d3975
>Lition ecosystem tokens were used for the deals >5,100,000 token so there is still 2ml they are gonna sell? so after all this can i get a refund? richard said the team refunded some community members their money back, can i get my 35k$ back? or do i need to call a lawyer before i get it? im ready to lose another 15k$ for a lawsuit
why did they got all their tokens one day before the announecement? isn't this inside trading? selling the top before the flop? the price was at 0.0005eth the day the last one sold his tokens and now it at 0.000085eth
Oliver Watson
>owlshit:Not sure if this is helpful: >From my experience I can tell that I did OTC deal with Richard (which he had offered through this channel). At the time of actual transfer of LIT tokens he had directed me to one of the team persons. As the transfer was taking time I had approached Richard for some clarification. Richard suggested me to approach the said person.
>The explanation provided by Richard of he being not directly involved in the OTC deal tokens transfer matches my experience, while at that time I was a bit disappointed as I thought he was not focused on tokens transfers to me.
so you did an OTC deal and decided out of the blue with all the other OTC buyers to sell in sep-oct? and the last one to sell coincide magically with the day they announce the acquisition? do you take everyone here as retards?
>mark the jannie:How the tokens were used by our investors is up to them. Using many wallets was a condition set by investors, as the token price and sentiment was poor at the time, they were afraid that if their OTC deal would become public it would have further harmed the price/project and thus their investment.
so you prefered to harm hundreth of investors in favor of like 10-20 investor who even got a better price than everyone else as they bought lition from an OTC deal (to mark the jannie) please read my posts and get us some answers as soon as possible, i was the one who exposed them for selling through bep to erc20 (remeber when you said it was some whales transfering tokens?) also im the one who exposed that all early investors wallets are controledby one person (there is even 4 address that sent tokens to one address) and also the one who exposed this "litsentbymike" so you can't lie in my face and think i will accept it don't play with fire, y'all are unlucky that some mentally unstable Zig Forums users invested in your scam, you think you can steal anyone money without any repercusion? you will soon find out
Connor Kelly
>The OTC deals were established with different lockup periods - ending during the months of August through October. there is no unlock occured in october, all the addresses that got lition in 31/07 restacked for one month and all of them sold in september most of the addresses that got lition in 31/08 didn't restake and waited until the old addresses from 31/07 sold all their tokens and then started selling in october, so their tokens got unlocked in 31/08 and ont in october but magically none of them sold in the same day, how can you think we will believe this 48 addresses are not controlled by one person when we can clearly see the same patterns are occuring on all of them -one address sell per day (except for the last day which the last 3-4 addresses sold the absolute top) -all of them sell in the same pattern in idex and uniswap -all of them converted their eth to usdt in the same day -all of them are still keeping their money in those wallets -the same patterns as the "bep to erc20 dumping" and "early investors dumping" here is some exemple >etherscan.io/address/0xb16671b4b02f2a427b33071d031067cedf58fb7e#tokentxns >etherscan.io/address/0x25c729d6154d7d5b8d8a08394a578def054bc96e#tokentxns >etherscan.io/address/0x146234df1814681be14cd919c5f11477996b4169#tokentxns there is more than 50 addresses with 100% same patterns @mstephen5 can you forward this to richard and bennie as i don't think anyone is gonna believe anything they are saying
Charles Smith
Thats all well and good dear, but come back to the Unofficial chat you scrotum.
Anthony Ross
so according to potas: -team do an ico and promise things they know they can't deliver -they get 2 millions of $ and another 2 million $ selling ecosystem tokens for 1.5 year -they only hired one dev and half and never payed for any exchange listing -they use the money they got for their energy company and not the blockchain company -after 1.5 year they sell the blockchain company and keep the 4 millions $ they got from us while breaking all the promises they made along the way -energy company is doing fine and getting more clients every day -lition token crashed more than 80% and if it was not for ethereum mooning we would have been under 1c but we're to blame for investing and we're fudders if we speak about it? i know most people don't know that the team didn't even bother to get listed properly on uniswap, thats why you need to add the lit address before you can trade there, so they never were gonna get listed in any good exchange as it will cost them money so they prefered to make a one month liquidity reward to increase the liquidity and sell more comfortably 3.3ml tokens on the community and suddenly it stopped as it was not a viable solution for the new owner, now you can't even sell 100k without tanking the price 10%, well played richard well played
Daniel Hill
richard and the old team profited from all the investors and took money they don't deserve to grow their energy company, the energy company is still isn't even using the blockchain that got build for it in the first place and even when they start using it they will keep paying stakers with ecosystem tokens and not with real $ now richard put lition in a dangerous path as he sold most of the ecosystem tokens which made tomochain take a hard choice to stop any future token burn which will increase the supply by 20ml tokens, and also stopped the liquidity progrem which caused people to pull their pooled tokens from uniswap and now you can't even sell 5k$ without crashing the price 10% i still can't believe how tomochain agreed to this without taking the usdt ricvhard is holding right now and without signing an agreement that he will use the lition mainnet and pay with real $ and not with ecosystem tokens to everyone who think "it ok for the team to sell all the ecosystem tokens and keep the money for themselves and not use it for the blockchain" can you answer this: where will tomo get more money when they will eventually run out of ecosystem tokens to sell or to pay stakers? mint more tokens? you think they can secure real usecase in only one year? the last ecosystem unlock will happen in april2021 and im sure that money will not keep the lition blockchain afloat until end of year, let alone for 2-3 years which is a more reasonable timefram for tomo to secure any real usecase >oh no they will get usecases in 5-6 months yeah like how richard secured all those usecases in 18months?
Ethan Ross
>dumps by 75% In 2 weeks >not a scam
This should be illegal
Noah Carter
take your meds and stop reposting the entire chat from your alt accounts
>>owlshit:Not sure if this is helpful: I don't know why but owlshit made me laugh
Jason Perry
>31dec richard 4.8ml unlock Link on this?
>all wallet sold their tokens in idex and uniswap First of all, most went to bilaxy actually. Secondly you're not understanding it well. The OTC deal was made in January 2020 (at 1-2 cents) with an old school contract which stipulated that the tokens would be released in August. So the OTC happened in paper only in January, the sales in Bilaxy, IDex and Uniswap are those of the participators who cashed out their 10x gain once the lock period expired.
>so you didn't really need that money as you still keeping it in mutiple wallets and didn't cashout I agree. This was just a massive liquidity generating event at the most severe undervaluation that we've experienced. Companies do this too and its legal but it really dilutes your value when the company makes these shit decisions.
>why did they got all their tokens one day before the announecement? I don't know can you link this? If true I'm just glad richard is the fuck out.
>so you did an OTC deal and decided out of the blue with all the other OTC buyers to sell in sep-oct? The OTC deal must have been below 2 cents. By Sep, October price was over 12 cents. About a 10x. There would have been a lot of incentive to sell. But there's also this peculiarity of a lot of these transactions getting staked for 1 month prior to being sold. So that's weird.
Kevin Gomez
You’re the based node runner?
Jayden Ortiz
Agree with most points. And no it's not true that all addresses sold the day before the acquisition. Mike should know because Cresus posted a graph in ftp's unofficial chat clearly indicating different sell points. Also a reminder: mike has been caught telling us he's actually buying more during the times he was fudding. He 'quadrupled' his position in his own words. He also said he has faith in Tomo now. So for someone crying wolf and threatening a lawsuit, he's not being honest. Be carefull. I really thought most questions were explained and the fudders who said teammembers stole money were proven wrong. Just some OTC deals, nothing special. There are still some good questions though but I'm hopefull they'll be answered well by the team also.
Nathaniel Howard
I feel bad for all the staked cucks who can only watch as their investment goes to zero
Charles Johnson
>mikefromlawsuit B A S E D A S E D
David Powell
the only reason to buy this is because it's sub 2m cap and at an ATL
Brandon Mitchell
>owlshit Kek
Ethan Murphy
No i'm not running a node...
Luis Davis
We're going to $0.02
Joseph Hill
God i fucking hope so guna pick up 200k
Ayden Adams
ok let me descend to your level of intelligence and you can go down to my level of basic english vocabulary i didn't mean they all sold at the day of the acquisition, i meant they sold through from september to october and the last 3-4 addresses tosell coincidentally sold 1 day before the big event and none of them sold after that day, isn't that weird to you? magically they calculated selling all their tokens before that cursed day?
also why did you ignore this post? it show that all the addresses has the same sell patterns, you can't be this retarded to believe 20-30 investors from around the globe will do the same thing
there is literally more than 50 addresses with the same and exact behaviour and patterns the same patterns are found in the "bep to erc dumping" and also in the "early investors" dumping
enjoy getting dumped in one month by early investors aka RICHTARD
