/biz/ - Business & Finance

Shhh I'm still accumulating.

WAGMI

Hehehe

lto hodlers

riding the reef train sorry lads. will dump all my gains to LTO once the inevitable crash happens

Where can a newfag trade LTO? I just have coinbase and bittrex

>>28425111
based

>>28428123
Binance if you're not US, Uniswap.

>>28428123
Binance, if you live in America use metamask, send eth into there and uniswap it to lto

this will go to the fucking moon and beyond once americunts can buy this

>>28427517
Lto holders in 5 years running the world

Tell me why this is gonna pump and I will buy 5k worth

>>28425111

Looks sensible, responsible and govermental...but what's the moonshot?

looks like a boring coin with no hype behind it
why would i invest in that

>>28428876
we have our own resident schizoid feeding us insight from his 8d schizobrain called the riddler who keeps telling us to do the math, it's all pretty fun desu

>>28425111
It's up 2x in the past few days retard

>>28428959
ngmi

no point in telling /biz/, most people have no patience, if it doesn't moon in a week they'll sell.
Look at GRT, massive amount of FUD and disbelieve during the 2 months it took to moon

>>28429005
This. I believe our autist. Did it once back in 2016 with Vitalik and now we have new friend.

Such a dumb 2017 coin. "we're private and public, GDPR!, business solutions XXXD"

>>28429464
>t. never lived in the corporate world

>>28428876
This cycle is not going to be about your average joe looking for moonshots. Look at dot.com bubble. That was crypto in 2017.

>it's already up 50% in 2 days
Shill me this shit or fuck off. What are the price predictions?

>>28429931
get fucked, dyor

>>28429931
price prediction is 10$ each EOY, and thats if even half of the roadmap pans out

>>28429931
It's still low volume and supply is starting to dry up. I'm pretty confident it will hit 0.5 within a week or two.

>>28429931
we could tell you what you want to hear or you could do the math

does anyone have the roadmap?

- Clients and integrators are incentivized to run their own node, buy LTO, and stake it; the staking rewards offset the network fees they pay for usage of the network -- "get paid for paying the bill" (Net-Zero)

- However, what is to stop a client from buying and staking far more LTO than they are actually paying in fees, thus decentralizing the network -- which could be fatal to the entire platform? Enter: "Leased Proof of Importance" (LPoI)

- LPoI disincentivizes clients from owning TOO MUCH LTO **because staking rewards diminish exponentially relative to their actual usage of the network**. LPoI rewards clients and integrators to own just the right amount of LTO relative to their usage of the network, which ensures that it remains decentralized.

- LPoI therefore enables the economics of NET ZERO to work without threatening to centralize the network. It is a sustainable, attractive economic model that is highly attractive to businesses.

- However, there is also an interesting logical outcome to the "Net-Zero" model that LPoI enables: once businesses and integrators buy and stake LTO, that LTO can be effectively be considered to have been removed from the circulating supply...

- In other words, to the degree that the LTO network continues to expand and transactions grow exponentially, the basic laws of economics and common sense dictate that the available supply of LTO will be removed from the circulating supply in proportion to that network growth...

- Because there is an incentive to own enough LTO to be able to use the network on a Net-Zero basis, the price will inevitably rise. Even at a double or triple digit token price, it will still make economic sense to buy enough to achieve Net-Zero, ESP SINCE CORPORATIONS CAN ADD THE LTO TO THEIR BALANCE SHEET, effectively making the purchase of LTO "Net-Zero" as well!

- In this late stage there will be only one primary source of LTO supply left...the remaining passive stakers who held with diamond hands...

>>28428866

>>28431089
>- In this late stage there will be only one primary source of LTO supply left...the remaining passive stakers who held with diamond hands...
unimaginably based
>They did the math

>>28431740
And what node already owns 10% of staked supply...?

>>28429931

https://pastebin.com/D5ETj3Ks
Thank me when you are driving a lambo in a couple of years :)

Comfy

>>28431866
Why that would be Xeno Oligarchy node of course...

300 coin stacklet here
How do I stake?
I wanna try before I invest more in

>>28428410
I got coinbase just to start in crypto. Is metmask better and if so how?

>>28434963
Wouldn't call it better, uniswap runs on ethereum which means you'll have to pay gas fees to get LTO. But if you're burger you can't get it on Binance.

>>28434681
Eh it’s prob not worth it for that stack but it’s legit super easy. You get the LTO wallet and within the wallet there is a “lease” option. You choose your lease designator and that’s it. The coins don’t even leave your wallet

>>28435146
Being a burger gets worse everyday. I’m open to getting a vpn and using binance, but one day when I want to get fiat out of this uncle sam might ask where I’m getting it from.

>>28435146
You can just run a vpn and make a Binance account. Whole process takes

>>28435146
cant believe how early we are on this coin, considering that this is getting drained from binance and that's without much if any help from burgers

>>28435394
Thanks bro.

Just want to see how it works.
If I like it can I just add more to my stake weekly without issue?

>>28435767
Uh I think you have to pay the 1 LTO fee to stop leasing if you want to add more to it. So you have to lease it all as a whole chunk. At least that’s what I did

How impacted would LTO be from another crash?

If businesses drive up the price of the token by virtue of them using it and staking it, not just being used as a form of currency, would it be able to hold up during a crash?

I'm thinking businesses that hold a lot will all offload at once hoping to buy better prices which will still cause a crash I dunno.

Pretty spooked about long terms holds in the event of a similar situation where everything crashes like a few years back.

Hard to quit your job and believe you have a blue chip stock if everything can shit the bed at a moment's notice

>>28436319
It’s deflationary so over time the total supply is decreasing significantly. Businesses aren’t going to be day trading so it’s not a big deal

>>28436319
if a large amount of LTO was taken out of leasing pools to be sold on exchanges, then the rewards of the txs will increase for the remaining holders, increasing the amount of LTO they make from leasing. So if you have diamond hands and know that the long term fundamentals will prevail then it would be a good time to consider adding at lower prices, and getting a better return on your leased amount

anyone know how much is left in binance?

>>28436757
This token makes my pee pee so hard

>>28436948
44 649 990

5 million gone in a matter of 2-3 days. It should be near empty by the end of Q1 / Q2.

>>28436319
It would go down for sure. How much I don't know. But it will inevitably go back up given the company itself doesn't go under

What's the deal with VIDT? I saw something about it being swapped for lto? Is that why it crashed yesterday

mew ATH

should I swap my existing VIDT for LTO?

>>28438058
Yes ffs, you will acquire more LTO than you have vidt and if you look at the charts they're not far off trading places.

>>28437252
wow, yea i remember reading that it was at 50million a few days ago, with liquidity drying up, any spike volume could drive that up significantly. The volume today is at about 4 million its often in and around $2mil, pretty low for a top tier crypto. Imagine you get mainstream attention, the vol of $ that would flow in and push this up.

Someone is trying really desperately to keep this thing down but I don't think that will be working anymore soon enough.

>>28436948
>>28437252
you're looking at wrong wallet. its still around 51mil. https://lto.tools/balances/
third wallet down

>>28425111
Whats a suicide stack here? Asking for a friend.....

>>28438709
~10k suicide
~55k make

Get this listed on the first US exchange and you'll have a pump.

Invest Voyager looks promising.

@investvoyager on Twitter
Their CEO apparently loons at Tweets directed at him (@Ehrls15)

>>28438898
I have 10k now. Bailed on graph at its recent peak and put some of it into LTO. Grt was starting to give me bad vibes

>>28431089
I want to believe.
this is so simple, so logical, so goood... that i really think it won't happen.

Also, so many green ids in this thread!

>>28440924
Its already happening.

>>28435400
Just hold it until a US exchange offers it

>>28441365
I really need to make it bros. I desperately need to get out of the military and need some crypto gains to pad my fiat reserves when I exit.

>>28435146
Does uniswap work as a wallet or exchange I can keep my crypto on? I just realized what uniswap was and how it operates but don’t understand where my coin is stored afterward

>>28425111
Hoge.finance is DOGE on DeFi steroids.

>>28441734
WAGMI

is this even worth getting rn? I feel like the train has already left

>>28442994
Still easy at the very least x1.5 - x2 by the end of the month from here.

>>28442994
>Under $100Mil marketcap
>Huge potential
>No burger exchange yet
>Train has already left

>>28442994
One glimps on that market cap and you're questions is answered

>>28443121
what we thinking 6 months?

>>28443372
M&A funds will be unlocked by then. Anything can happen from there on. LTO will be able to absorb other projects.

who’s this autist savant everyone was going on about in the thread earlier?

>>28443577
>>28443372
Apex predator

>>28443875
Cheers!

>>28425111
WENT ALL IN LETS GO BOYS

Fucking uniswap feeeeeessssss, this needs to get on a US exchange asap

>>28425111
I'm accumulating so delete this post right fucking now or I'll dump it.

>>28445071
People will gladly buy it, sir. Pls dump.

>>28445004
Tweet @investvoyager and @Ehrls15 (CEO)

Will we at least see <600sat again? I feel like I didn't buy enough earlier

>>28445516
How much ya got? I doubt it'll go down too much if at all, I feel like a lot of vidt holders are taking the hint and jumping in which will keep the price rising

>>28445683
Only 1 suicide stack, my dude...

>LTO network dance
https://youtu.be/pU3KzHsPvSA

>tfw I want my own node but don't have a spare $36k
How much are kidneys going for these days?

What's the make it again?
55k I heard here last time?
so need $15k fug

>>28445986
Hot. Bought more.

>>28446259
Yes 50-100k is make it territory

>>28446367
Same here, it will explode this year.

stinks of curry in here

>>28447324
curry are useless PnD pieces of shit like McDonald coin, this is a legit dutch project, and the devs are not anonymous

>>28447461
I'm buying like 6k. I saw this shilled about a month ago and I think the biggest selling point in OP was the VET comparison. VET made me alot of cash and this mcap is tiny in comparison so I am in.

>>28425111
This or REEF?

>>28447866
sold my reef for lto when it was on 25ct.
REEF have big potential aswell, but is already extremely hyped, while LTO is a hidden gem with working products. I would go all in for LTO or 80/20.

>>28448103
>>28447866
Two of my comfiest holds ngl

>>28448103
They're both similar ish mcap, reef has more volume I think I'll stick to reef for now and ape LOT later

Thinking I shouldn't have gone 65% LTO 35% VIDT right now

>Everything pumps +30%
>LTO pumps a mere 10%
And more reasons why you shouldn't put your money in LTO :
>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 punnecessary.
>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.

>>28448656
>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
>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
>Pic related is OP, working as a freelance to shill LTO
If you are a newfag and wonder if you should buy LTO or not, do yourself a favor and use filters to hide every LTO thread. Do not listen to the paid shills ITT unless you want to end up broke.

>>28448656
Keep up the good work, need one more paycheck to finish off my stack.

>>28435394
what kind of stack do you think would be worth staking? I just bought 800 today and am thinking of picking up more

>>28448808
And yet You can’t refute any of it pajeet

LTO more like LTH haha

smells like curry in here

>>28448656
still bullshit without sauce try harder, I need more LTO

>>28443785
Second this, who is the LTO wizard people are referring to?

>>28449888
riddle anon

>>28428866
It's a PoS coin with interest earned from transaction fees. You can lease your LTO to a node to earn interest (or run your own node). Leasing is literally a 1 click process that requires no effort or further input.

With each transaction 0.1 LTO is removed from the network forever. DEFLATION.

The Dutch government is already using it. As well as some companies.

Because LTO is a PoS token with great interest rate (currently 6-7%) and eaze of acces, people will withdraw their LTO from exchanges to stake / lease. This, combined with the deflation built into the network will cause scarcity. Scarcity will drive up the prices.

>>28447324
>>28449082
Can you shills at least provide some variety?

>>28449888
checked, there's too many tears on that tattoo, tears dont fall like that. the artist is good but retarded and just fucked that guy permanently.

>>28449888

>>28450106
Thank you That sounds great. Got a source for that Dutch govt claim?

>>28448817
3k is micro-suicide stack; 10-15k is suicide stack; 55k make it stack; 100k+ plantation stack

>>28450106
wgmi

>>28450265
https://ltonetwork.com/partners-clients/

>>28425111
Checked and bought.

>>28450265
https://youtu.be/4FPSaNqooCw

>>28450202
Probably a hipster that deserves the rope anyways.

>>28450030
>>28450256
Thanks bros

Reddit figured out how US can buy in without getting raped by gas fees.

"I see a lot of posts about difficulty getting LTO in the US outside of Uniswap and their ridiculous gas fees.

You are able to buy LTO as a BEP2 token in Trust Wallet!

I sent some BNB from Binance.us to Trust Wallet, swapped it in the wallet for LTO (BEP2), and sent to the LTO Mainnet for a fee of .000375 BNB ($.04). Just make sure when you set up the LTO bridge, do it as the BEP2 token and not ERC20."

37 cent stablecoin

Oh right, ya Serbian ROSE boy forgot to post his folio

Bit sad I couldn't get 100k but it was just too much. I should be grateful enough for getting how much I have now anyway.

WAGMI lads.

>>28451186
fuck thats actually smart as fuck. reddit doing something for once

>>28451186

Just crossed $100mil market cap again. All those who bought below $100mil you should be proud.

Listening to my gut and /biz/ made me loan $1k to invest into GRT which turned out amazing.
It doesn't seem like GRT is stopping anytime soon, so I won't pull out yet.
But this sends similar signals and I'm debating whether I should get another grand into this.

>the jews get BTFO after they see the tx/s and fomo into buying 10 dollar lto

>>28452413
My personal price target is for this project to be around $1bil market cap...not in the long run, but just based on current fundamentals. LTO has been chronically ignored by the market, and is due for a correction to a more fair valuation.

>>28452768
So it's safe to expect it to do roughly x10?

>>28452925
Unironically yes. Look at coinmarketcap and look at all the shit coins with no fundamentals that are well over $1bil mk cap. I'm not even saying that LTO will pump to $1bil because of hype, so get in while you can and try to sell at the top...I'm saying that the current REAL returns generated by staking (100% from actual network usage by paying clients) + the long term fundamentals make LTO's fair valuation at around $1 bil...RIGHT NOW, imo. This is the essence of value investing right here. Not financial advice, DYOR. I've put in probably 80 hours of research into LTO at this point.

alright you got me, bought 1000 LTO, how fucked am I?

>>28453567
Everyone's financial situations are different. For some people 1000 LTO could really make a difference one day. Just DYR and learn about what you own so you have the discipline to hold it for years. LTO = Long Term Ownership.

>>28453754
Im already a link holder. and 700 bucks worth is a fun throwaway investment for me. so long term sounds like more of the same. if this 10xs ill be happy to add it to my down payment on a house goal

>>28453935
10x is simply what I project to be the immediate fair value...ultimately my conservative price target for LTO is $10bil market cap in about 5 years. Again, this isn't to say that it will p&d to $10bil, but rather that a stable valuation of $10bil will be achieved within approximately that time frame. And I'm conservative: there's some LTOers who are projecting much higher than $10bil mk cap, long-term.

Should I sell my 10k ZRX for this? ZRX is without a doubt a great project.

>>28454171
I don't know dude, ZRX has had a pretty spectacular moon, much more than LTO, might not be bad to rotate some into an undervalued platform. Not financial advice.

>>28454075
What does a 10 billion market cap place LTO individual price at, including some of its deflationary aspects? 10 usd?

>>28425111
>lowcap gem that hasn't been pumped yet
>coin at ATH
>the graph is a vertical green wall

>>28455015

Currrent mcap is 100 million. 10 billion would mean x100, putting a single token at ~36.5$

>>28455365
Considering this should be worth x5 right now solely based on the revenue the network generates from paying businesses, no, this has barely pumped

>>28455389
And make it stack of 55k would be worth almost exactly 2 million at 10 bil market cap.

Hmm

>>28455015
It's impossible to project because LTO is deflationary and so the supply will shrink in proportion to network transactions...that being said, let's assume, say 350mil supply in five years: $35 LTO. Or if you think the current circulating supply is a better metric, $27 LTO. So you can play around with those assumptions, but it seems fair to say double digit LTO is in the cards, ultimately. These are all basic bitch calculations. If you want the real red pill on LTO's future price consider that 80%+ of the supply is ultimately going to be owned and staked by network integrators...that LTO is effectively removed forever from the circulating supply because it is literally paying for the integrators network usage bill. In that case, the only availabe supply on the open market will be the <20% (if that) still owned by passive stakers (us)...in other words, the price will be determined by those who control that final, finite, tiny pot of LTO. And guess who is going to own that LTO?

>hasn't pumped yet
>at its ATH

>>28455365
i bet the people who saw bitcoin at $100 thought the same

>>28455588
Still 100m marketcap and is top 10 in transactions among coins with 1-10B MCs, we've got plenty of space to grow my fren