/biz/ - Business & Finance

>>30310593
55k according to riddler.

>>28320501
are...are you the riddler?

>>28199062
jk, check out pic related. desu we don't know who he was. He just told /biz/ to "do the math". And we did. And now /biz/ owns 4.5% of the circulating supply -- at least.

for the uninitiated

>>28022053
https://ltonetwork.com/documents/LTO%20Network%20-%20Token%20Economy.pdf

>>27837476
Read this thread, a few anons went into a deep discussion on this topic

https://ltonetwork.com/documents/LTO%20Network%20-%20Token%20Economy.pdf

>>27837476
Excellent previous thread for anyone who wants to deep dive while this one is still building.

https://ltonetwork.com/documents/LTO%20Network%20-%20Token%20Economy.pdf

riddler compilation pic. he keeps asking 'how many LTO are available right now?'.

watching the 30min vid (https://www.youtube.com/watch?v=zMa4HwgoeMI&feature=emb_logo)), [Embed] Rick mentions that if you don't include team coins (M&A etc), the supply being staked is closer to two thirds. The supply squeeze may be bigger than first thought...

also

https://www.coinstats.network/under-radar
imagine where the dot would be if the API worked and LTO showed with 600k txs for the week. even at 350k it still shows as super undervalued.

also

https://pastebin.com/D5ETj3Ks

obligatory riddler compilation

>>27878202
what does it matter if you bought anywhere between 20-50c when its 5+ dollars in a year or two. DCA all the way up boyss

>>27837476
Ok guys I've been doing a lot of my own research, and everything seems super solid, except I do have a bit of a worry about onboarding frictions. If the price of the token goes up by too much (making it more expensive to buy in to stake the amount you're transacting) then through economic forces of finding an equilibrium the nodes will decrease transaction costs.

But how long will it take for the nodes to vote and adjust these transaction costs? What if there is a prolonged period where onboarding is too expensive and no one joins the network because the transaction costs haven't been adjusted yet?

I transcribed parts of interviews where the LTO CEO and team talk about this. See:

https://www.youtube.com/watch?v=NSb4eneG4q4
32:50
“you get price stability, I think that’s a good thing because then it also becomes predictable for those jointing the network… when we were shoot up in the sky to 30 cents, the transaction price was becoming too high for clients and businesses saying “woah if were going to buy into the network now then its pretty expensive””

“People using the network benefits when it stays at a certain price because they can say predict “if I have 1 mil transactions a year and it costs me .25 LTO per transaction I need to buy 10k LTO yearly, so I have predictable costs if this price stays the same””

(1/2)

Complied by a LTO chad anon. What are we missing?

>>27815704
The research and facts already out there are more bullish than this desu