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/biz/ - Business & Finance


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30106380 No.30106380 [Reply] [Original]

GIVE IT YOUR FUCKING POWER
FUCK YOUR FUD BITCH GET OUT OF MY WAY

>> No.30106422

Only have 25k but this is a solid hold. 5-10x easily when we start pumping again

>> No.30106661

AÀAAAAAAÀAAAAAAAAAAAÀAAAAAAAAAàaaaaaaaaaaaaaa

>> No.30106712

i'm not done accumulating yet and i feel like it's going to pump any day now.

>> No.30106742

should I take some eth out of cold storage and put into lto my friends (yes answers only)

>> No.30106895

53k @39. whoever this faggot fucking whale is doesn’t understand how to manipulate and will ruin not only his profit potential but everyone else’s

>> No.30107000

The FIBREE webinar from a few days ago got me even more bullishhhhHHHHHAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.30107002

>>30106895
no one can ruin our profit, it's in the math. most someone can do is delay it, and honestly i don't mind that as it gives me more time to accumulate. how many tokens in binance wallet, by the way?

>> No.30107279
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30107279

>>30107002
something like 44-45m. and i understand the math as far as LTO’s returns. but this faggot who has been suppressing at 40c is stagnating organic growth by inorganic means. yes, eventually LTO will be profitable for all early investors but this artificial stagnation by an absolute retard with money will substantially lower the highs that would have been reached otherwise. i’ve seen it too many times where whales lose the market because they don’t know what the fuck they’re doing but think they do.

>> No.30107400

>>30107279
how long do you plan on holding and what are your conservative estimations? genuinely curious.

>> No.30107626
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30107626

>>30107400
i plan on holding for years, can’t put a date on it exactly, but years. of course i will cash out a fraction here and there as i need but 80-90% will remain. that said i plan on dumping more fiat into it as we go forward, bull or bear. it’s the dividends i want. and do you mean price estimations? if so what time interval

>> No.30107762

Could somebody tell me how 100k txs daily is bullish when there's HBAR with over 7 million daily? I know HBAR is at 10x LTO's market cap, but this is 70x as many txs.
inb4 fud/shill, I don't hold HBAR

>> No.30107817

>>30107762
Just hold both if you're so concerned faggot

>> No.30107947

>>30106742
yes

>> No.30107961

>>30107626
i plan on DCAing in the future too, every paycheck. LTO is the 'safest' crypto out there, or at least that's what i think. was thinking more like EOY prediction and 5 years prediction? i'll start, as long as it will be $2 EOY and it will reach $10 in the next 5 years i'll be incredibly happy. of course i'm hoping it will get even better, but i'm trying to be conservative.

>> No.30107960
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30107960

>he didn't buy LTO at under 1 denarius
>would you Quintus? Would I?
>y-yes

>> No.30108108
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30108108

>>30107961
Crypto newfag here, why is hbar and LTO considered 'safe' crypto? Isnt it bitcoin and eth?

>> No.30108120

>>30107817
Why don't you answer the question first before resorting to insults

>> No.30108325

>>30107762
I'm not familiar with how HBAR works, so I would imagine it has to do with the deflationary nature of LTO transactions and rewards coming from transaction fees. That, and businesses are incentivized to purchase and stake enough LTO to generate enough tokens per year to cover the costs of their own transactions, effectively raising the value of tokens left in circulation.

>> No.30108413

>>30108108
i don't know that much about HBAR and i'm a newfag as well. BTC and ETH are pretty safe bets as when they dump all alts dump, so there's that. but i'm priced out of both of them so i'm looking for alternatives, i'm actually only trading LTO/BTC and trying to accumulate sats, i recommend you do the same. as to why i feel like LTO is safe, it is because:
>deflationary
>every transaction puts money into our pocket(0.35 LTO)
>rest of transaction cost is burned(0.1 LTO)
>it has real use cases by real companies
>we were promised a monthly increase in daily transactions, which will decrease even more the circulating supply
>amazing tokenomics
i'm keeping an eye on this project as i'm heavily invested in it, and all promises have been kept so far. check blocktivity.info if you want to compare the number of TXs in the network to other networks. check https://explorer.lto.network/dashboard for official data
>>30107762
good question but i think it's about the deflationary aspect of LTO; if transactions are increasing and token supply is decreasing, then the price will increase naturally because of supply/demand. don't know much about HBAR though.

>> No.30108472
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30108472

>>30107961
so it’s always hard to make these predictions, but considering LTO is ultimately reliant on a price increase for consistency and reliability of network use, i can only assume we reach. 1billion mc EOY, ie $4/LTO. this estimation is based on the team’s urgency to release the M&A fund to consolidate with other projects where there’s mutual beneficiaries. it could be higher considering the chainlink partnership. additionally, LTO has a habit of underpromising and overdelivering, so it’s anyone’s guess. this FAQ explains why a price increase and stable market cap (upward of 10B) is in the best interest of the project: https://blog.ltonetwork.com/faq-why-arent-lto-transactions-pegged-to-the-euro/
anything can happen and i may be way off, but this is as safe of a crypto position as i’ve ever been in

>> No.30108661

eet pump? unleash ze rick coomer fud

>> No.30109215
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30109215

waiting for the LTO FUD bot

>> No.30109280
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30109280

>>30108413
Thanks anon. Ive just been buying hbar recently, but now Im seriously going to look more into LTO to maybe compliment it.

>> No.30109365

Would you pick this guy to promote you?
https://www.youtube.com/channel/UC3tiyXdxqz_N24hJ5kXt4cA

>> No.30109419

If we can break the 40c sell wall this will moon today

>> No.30109510

$10 EOY is an under estimation. $25 at least once the herd do the math.

>> No.30109809

>>30109419
current price is 0.40 rn
bullish

>> No.30109962

>>30109809
Already below, this price suppression is insane.

>> No.30110104

>>30106380
Lol bought this the other day because someone shilled it. Thanks!
Will sell in a bit after this pooomp.

>> No.30110130

>>30109962
Its either a whale loading up or an exchange.

>> No.30110136

>>30109962
How can you affirm that ?

>> No.30110160

>>30110104
>selling LTO under $80
ngmi

>> No.30110220 [DELETED] 

>watching alts got red
>prepare buy low
>add extra cash
>buy fucking shitcoin
>weep everywhere that he is stupid lmao

I can't take it anymore, lil boi check Enecuum, stop going into this trashscheme. See nodes, mining other features. have profit without risk

>> No.30110242
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30110242

>>30106380
GO GO LTO

>> No.30110503

>>30106742
Yes

>> No.30110739

2k stacklet reporting in

>> No.30110799

>>30110739
3k stacklet myself. hope i'll get to 15k before i'm priced out.

>> No.30110897

is this the takeoff guys?

>> No.30111420

kek buying LTO when all they care about is paying Binance for listing instead of working on their project

>> No.30111473

>https://www.youtube.com/watch?v=Oy5yFowc2Ck

Thread theme

>> No.30111606
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30111606

Grug not understand numbers. Grug like green colour. Grug waiting for long time for Japanese tribe waifu. When sun go down and come up, Grug buy more rocks. Grug not want swing from big tree.

>> No.30111622

https://cryptoreportage.com/altcoins-news/one-of-the-worlds-largest-aluminum-companies-to-test-vechain/

Meanwhile VET has just partnered with the largest aluminium company to test their products, they have staking with VTHOR and 1 million daily transactions plus partnership with DNVGL.

>> No.30111684

>>30110136

you can look at the order book https://www.binance.com/en/orderbook/LTO_USDT
set the depth to max and you can see some big sell orders coming up

>> No.30111762

>>30109215
where are the real keyboard warriors?
>>30110220
>>30111420
>>30109365

>> No.30112128

HBAR has a 50B supply, who buys this lol.
LTO is deflationary and adoption is happening. Comfy.

>> No.30112637

>>30112128
eoy price prediction?

>> No.30112670

>>30111622
No one gives a fuck about tests, pal.

>> No.30112686

>>30112637
784

>> No.30112896

>>30111606
Grug will make it with large rock pile. Make long nose tribe angry, no swing from great tree. Dreams of hunts and waifus.

>> No.30112929

>>30112637
Realistically? $4-6.

>> No.30113407

Joshuwa Roomsburg will singlehandedly kill LTO.

>> No.30113469

>>30112929
$5-$10

>> No.30113532

>>30113407
Nah sir rekt on telegram will give him a hand. Fucking weirdo.

>> No.30113606

>>30113532
Needless to say, a poster here.

>> No.30113641

>>30113407
>Joshuwa Roomsburg
He looks like the typical fat kid in school that had high self-esteem for literally no reason and was oblivious to all criticism.

Now he's an asshole who thinks he's capable but because this is not at all the case, he has to buy fake followers, falsified statistics and write fake articles about himself.

I also hate the way he talks.

>> No.30113672 [DELETED] 

Mochimo.org is giving power.

Anon check it now.

>easy profit
> fast
> scalable
> Blockchain

>> No.30113720

>>30113407
Who? a jew?

>> No.30113763

>>30113407
Didn't he just tweet an endorsement? Who is he anyway

>> No.30113826

>>30113641
I'm kind of annoyed that people are trying to act like it's not a big deal to hire a guy that literally paid for fake follows on Twitter. This is as red flag as it gets imo. This shit was doomed to fail as soon as someone who touched XVG got on board.

>> No.30113957

>>30113407
>>30113826

No I think a lot of LTO holders share the sentiment about this new guy just check the biz node TG. I personally am gonna be giving my honest feedback to LTO/VIDT to drop this fucking guy effective immediately.

>> No.30114222

>>30113957
They need to go back to the drawing board with their entire marketing strategy and perhaps fire a small handful of people. I love everything else about the project but this has got to be changed.

>> No.30114270 [DELETED] 

wanna check top GEM?
lol, go for Binance Smart Chain and use julswap
forget about this fucking dumped gas on Ethereum
any tokens can bring you rewards
>you shouldn’t be expert in trading, use yields

>> No.30114315

>>30113957
>>30113826
>>30113763
>>30113641
>>30113407
Physiognomy tells me this guy is a faggot desu, bearish.

>> No.30114525

>>30114222
I'm invested in this but Rick seems a bit unprofessional to me, I kinda FUD myself for everything I invest in tough

>> No.30114740

>>30108472
to those in the know, tell more about this $1B and M&A fund thing please, seen it mentioned before.

>> No.30114875

>>30114740
Rick's specialty is actually M&A, he was M&A lawyer for years. They set aside 81M LTO as a fund for M&A but the mcap has to be high enough to use it (2bn at least), that will allow them to buy other projects that would benefit the LTO network and integrate them.

>> No.30114891

>>30114525

I have the same exact issue. Might just wait for a nice little pump (most likely will happen) and pull out.

>> No.30115037

fuck is this actually gonna moon soon? i might need to take money out of some shitcoins (like MATIC) and chuck it into this

>> No.30115069

>>30114875
what's the deal with the mcap needing to reach that kind of level first? and haven't they already acquired other projects eg vidt?

>> No.30115156

>>30115069
if the MCAP is higher their LTO is worth more

>> No.30115170

>>30115069
VIDT was an exception or something they said. Mcap needs to reach that amount to make the tokens in the fund more valuable ofc, and also because it'll make the network more secure by making it more expensive to do a 51% attack, as security increases higher profile clients that require extra security will onboard the project.

>> No.30115218

>>30114740
>>30114875
>>30115069
>>30115156
>>30115170
tl, dr: everything in LTO is designed to make it exponential

>> No.30115326

HOURLY REMINDER NOT TO INVEST IN UN BACKED COINS
>b-but muh UN partnership
Partnership with UN is actually bearish af. They'll waste investor money to Afghanistan government, one of the most corrupt and worst country in the world. Partnership with UN is actually death flag for many crypto project.
Example of another scam project that partner with UN:
>Devery
https://medium.com/devery-io/devery-united-nations-world-food-programme-use-blockchain-to-ensure-the-safe-delivery-of-food-to-acd6a5037123
Devery team exitscammed months after that partnership
>HST
https://medium.com/horizonstate/united-nations-igo-joins-forces-with-horizon-state-to-accelerate-sdg-innovation-38bd9f8f54d0
Horizon State token exitscammed months later and have ceased operations
>Ambrosus
https://irishtechnews.ie/ambrosus-joins-united-nations-sponsored-one-planet-network-and-establishes-partnerships-with-blendhub-and-flatev/
Bizonacci killed himself after Ambrosus revealed as scam
>LTO
Soon will follow Ambrosus footstep

If you want to invest in real use case coin look up Aleph.im (partnership with Ubisoft) and Origintrail/TRAC (partner and endorsed by World Economic Forum)

>> No.30115367

cool, figured most of that by myself already but thanks for spoonfeeding. if anyone has more detailed info it'd be interesting to hear.

t. mini whale

>> No.30115374

>b-but I've done the math...
I've done the math. It baffles me how people really believe there's ~120k daily transactions on the main net. Do you even realize how much that is? If they register 3.5m land parcels in Afghanistan and 10% of them change owners yearly that's only 1k daily transaction.
Maybe if 95% of those 100k+ daily transactions didn't come from shady dutch companies owned by Rick, it'd help me believe they are legit.
They promised us companies would use their own node soon™ (it was a month ago) instead of going through LegalThings but there's still not a single independent company having its own node.
My advice is to look at Aleph.im or Origintrail (TRAC) instead. Both have real world legit clients and partnerships, and the CEO are experienced and honest. Meanwhile Rick and his dev team experience was creating universally panned app for sexual offenders called LegalFling (seriously google this, and you'll realize how shady LTO is)

>> No.30115376

>>30115326
Hey you finally found your way in here.

>> No.30115491

>>30115326
>>30115374
we've been waiting fren

>> No.30115537

lot of weak handed faggots in this thread kek. not everyone is destined to make it i suppose

>> No.30115542

>>30115376
Sorry anon gotta do some research on that used car salesman joshuwa roomsburg that they just hired. Smart move from LTO, it's very bullish move and I bought some LTOs expecting the price to move in the short term.

>> No.30115568
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30115568

>>30115326

>already out priced

Just get rekt idiot

>> No.30115650

Here's why you shouldn't buy 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.
>The whole process of having three different tokens (native, ERC-20, and BEP-2) is confusing and unnecessary.
>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.

>> No.30115721

>>30115650
Weak fud

>> No.30115789

>Rick made a short livestream after the pornstar incident and admitted he's had trouble keeping his porn addiction under control and has been spending his days jerking off to Brenna Sparks lately. (he was clearly drunk and high during the livestream)
>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 US Marketing Joshuwa Roomsburg is talented but he was diagnosed with prostate cancer last month and is likely to pass away this year
>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
>It's been proven that the team shares and publishes misleading information about the number of staked tokens and daily transactions
>They recently hired a XVG twitter shill to be their spokesperson and marketing advisor
>They dumped 500k LTO on Binance a few days ago and were caught red-handed
>Recently CEO organized a fake AMA on obscure crypto subreddit to pump their bags
>In the said reddit AMA CEO admitted their project at Afghanistan is going nowhere and likely to be cancelled
>Someone on their subreddit did some research and found out that LTO has furloughed nearly all their employee

>> No.30115839

huge sell wall at $0.4+, you guys think we're going to beat it today or it will dump once again? i don't mind either way, if it dumps i'll just buy some more.

>> No.30115879

>>30115789
All alone

>> No.30115963

>>30114525
only thing i would say is that he's got 5 years experience at 2 big-four firms. I don't particularly find this a big deal like some people ("hE's An M&A lAwYeR") but you don't last long in those firms if you can't bring a certain level of professionalism (i used to work at one). i'd say (hope?) stuff like the AMA answers is playing to the reddit/crypto crowd who basically expect zero professionalism in crypto (go in any TG and people don't give a shit -- "that's crypto buddy!"), and assume he's turning his professional game on when talking to the business crowd. hope i'm right anyway.

>> No.30116106

>>30115650
>>30115789
see >>30115568
now go look at yourself in the mirror and wipe off that clown makeup

>> No.30116292

>>30115963
Hope you're right fren, his stupid beard kinda ticks me off heh

>> No.30116433

>>30115650
>>30115789
I can't believe I almost bought a scam, thank you anon

>> No.30116490

>>30106380
fuck lto and fuck vidt

>> No.30116749
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30116749

>>30116433
>>30116490
forever outpriced cope

>> No.30116839

Can somebody explain the math to me? I keep seeing this mentioned but my small brain don't understand it.

>> No.30116910

>>30116839
Everything around LTO is designed to make it exponential. Number go up.

>> No.30117294

>>30116839
>real businesses use LTO, they generate transactions
>every transactions puts tokens back into our pocket(0.35 LTO) and burns a part of a token(0.1 LTO)
>the supply of LTO decreases because of this, the demand stays the same and with time increases because of business adoption(in an AMA, the team said they expect a 20-30% increase in number of transactions each month - this goal has been met since then)
that's overly simplified, but as long as businesses keep on using LTO and new businesses want to start using it, the price is going up in time, so keep an eye on number of transactions & businesses using the network. also, you shouldn't worry about LTO becoming so expensive that businesses will find it too expensive to use and move to another network. the transaction fee can be lowered by vote, and also clients don't buy tokens from exchanges so they're not really exposed to price swings. they just pay the integrator(which is part of LTO Network), and the integrator handles everything. so the fees are known when the collaboration starts, and they won't fluctuate with price. the integrator has enough experience and will hedge against this.

>> No.30117520

>>30117294
Fees can be voted to stay stable to fiat, too.

>> No.30117580

>>30117520
they can, but they won't. check this
>https://blog.ltonetwork.com/faq-why-arent-lto-transactions-pegged-to-the-euro/

>> No.30117633

>>30106422
As someone with 500 is it worth accumulating more before it hits $1

>> No.30117747

>>30117580
Clients are willing to pay 1$ per tx. My guess was that fees (in LTO) would be lowered to stay around that price range as token price rises.

>> No.30117779

>>30117633
Honestly, no.

>> No.30117886

>>30117633
Yes. Look up Joshuwa Roomsburg the new marketing guy they just hired. This is big.

>> No.30117910

>>30117633
don't listen to this >>30117779 retard anon, make your own decisions regarding your money. i'm a 3k stacklet and i can't wait for my paycheck to buy more, but that's just me. i'm pretty excited about LTO's tokenomics and business adoption, i feel like it's one of the safest bets in crypto right now. won't take me to the moon in 2 weeks like food tokens, but i might get there if i keep on buying and hold for 5+ years. i might be wrong and just off myself when i realize it, but i'm going with my gut on this one.

>> No.30118146

>>30117886
A big sell signal yeah

>> No.30118225

>>30117886
you're an idiot lmao

>> No.30118246

>>30107762
Because LTO has a burn mechanism built into transactions so that every transaction is deflationary. It’s also not a minuscule burn.