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/biz/ - Business & Finance


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27619725 No.27619725 [Reply] [Original] [archived.moe]

LTO Network is a hybrid blockchain focused on business.
It’s the backend platform for any system or application to integrate with.
The unique architecture makes it GDPR compliant and extremely scalable.

Usecases vary from:
- Anchoring existing systems for data integrity
- exchanging data on processes that run between organizations in an efficient and secure way
- and soon digital identification of individuals and your companies when doing business online. (defi for business)

With a focus on partners that build domain specific applications, like in education, healthcare, and the government.
Those partners sell their applications to B2C, B2B, but also Government2Citizen.

>50% circ. supply staked. Staking rewards paid entirely by clients, 0.25LTO every transaction.
>Deflationary supply. 0.1 LTO burn every transaction.
>Big partners include IBM, UN, AIRBUS, Dutch & Euro gov bodies

>Q4 2020 report
https://blog.ltonetwork.com/lto-network-adoption-growth-overview-of-q4-2020/

>2021
LTO recently just released the technical roadmap:
* More details around LTO Network 3.0
* DID (Decentralized Identity) solution for businesses (business passports)
* A lot of Major partnerships with both crypto projects as well as traditional corporates and companies
* Even more use cases going live in 2021

Links:
>tech
https://www.ltonetwork.com/tech/
>Use cases:
https://origin.ltonetwork.com/use-cases/
>Clients:
https://ltonetwork.com/partners-clients
>Staking and leasing:
https://blog.ltonetwork.com/staking-and-leasing-lto-network-node-guide
>Twitter:
https://twitter.com/Theltonetwork (new one)
>Blog
https://blog.ltonetwork.com
>2021 digital identities
https://www.ltonetwork.com/documents/LTO%20Network%20-%20Identities%20Paper.pdf

https://www.coinstats.network/
https://upblock.io/research/LTO%20Network

---------

>/biz/ LTO Node
https://xeno.finance
Lease to Xeno from the lease list

Get nice and comfy

>> No.27620077

Great hold, still accumulating. Any idea what the sui stack is?

>> No.27620225
File: 21 KB, 510x340, IMG_20210128_145455_950.jpg [View same] [iqdb] [saucenao] [google] [report]
27620225

>>27620077
10k

>> No.27620236

I need a shitcoin or two of mine to be back in black so I can sell and add to my LTO stack. Seems like a promising project.

>> No.27620752

Is there a way to make my account more secure than just using a username and password?
I'm afraid to put more than 50k LTO in my account because it could easily be hacked if I download a keylogger or some shitty virus

>> No.27621463

I'm in

>> No.27621670
File: 79 KB, 1295x286, 894984984.png [View same] [iqdb] [saucenao] [google] [report]
27621670

Am I finally in4 the reddit masses on this one?

>> No.27621879
File: 216 KB, 507x474, RainyDayForElton.png [View same] [iqdb] [saucenao] [google] [report]
27621879

>>27620752
Thats only saved on your browser locally
A hacker would need the seed to log in on another browser.
Make sure you secure that

>> No.27621883

>>27620752
>keylogger
that's some boomer shit

>> No.27622125
File: 85 KB, 844x1157, qELo3rC.png [View same] [iqdb] [saucenao] [google] [report]
27622125

>>27620752
you could always just not lease it and keep it in metamask or in cold storage. that's what i'm doing because i have the same reservations as you about that

>> No.27622140

>>27620077
Fuck ya I can actually afford a suicide stack for once.

>> No.27622747

just bought and fucking leaskin already

good potential for this project, quite appalled how its extremely undervalued though

>> No.27622896

>>27622747
I only bought in recently so I'm not complaining

>> No.27622999

comfy but why are we crabbing??????????

>> No.27623269

>>27622999
Checked. Don't worry about market volatility, concentrate on long-term fundamentals.

>> No.27623674
File: 85 KB, 883x1280, IMG_20210203_122936_385.jpg [View same] [iqdb] [saucenao] [google] [report]
27623674

>>27622125
You're missing out a lot.
The wallet is safe AF. That username/pw is only local, so that a roommate or your gf dont steal your LTO.
It's seed based.

>>27622999
I think we're at the bottom of a cup but who knows

>> No.27623749
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27623749

>>27622999
nice heaven digits. and probably because
>biz
is especially caught up in pump and dumps right now, more than usual. eg GME, RBC, BAO, etc

>> No.27623808

i have that shitcoin bois

>> No.27623865

>>27623674
thanks anon. i'll transfer them over and start leasing to /ournode/. thanks conor!

>> No.27624630

>>27623749
I came to lurk biz in 2017 during the crypto-craze, had lots of laughs and bought some chainlink then fucked off.
Now I'm back for a bit and redditors aside it's pretty jarring, how was the board in 2018-2020?

>> No.27624873
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27624873

Don't be a retard FOMOing into vaporware shitcoins that are already up 20x, like BAO and RBC.

LTO is easily the most undervalued coin right now. Top 10 in transactions and less than 60mil marketcap. And staking comes entirely from the tx fees. So real companies and businesses are literally paying you to hold. currently 7% apy, but growing and transactions continue to grow.

If you sleep on this you will regret it

>> No.27624933

quit shilling this shitcoin

>> No.27624984

I literally cant stop buying bros. every hour I work I throw it into this project. God damn this shit is comfy as hell

>> No.27625000
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27625000

>>27624873
>he thinks transaction count means anything

>> No.27625109
File: 108 KB, 1215x719, LTO scam.jpg [View same] [iqdb] [saucenao] [google] [report]
27625109

your own devs admitted they plan on scamming you and making the token a stablecoin

>> No.27625277

Comfiest coin in existence
Imagine how many of you’ll be seething when LTO is a moon and we still get our weekly neetbucks paid out

>> No.27625302
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27625302

>>27625000
You are the blackest retarded gorilla monkey nigger

>> No.27625337

>>27625109
That's actually a really bullish roadmap if you aren't retarded...

>> No.27625357

Three words
Motherfucking Alien Tech

I love my lil Alien Tech stock

>> No.27625377

>>27625000
It does when each transaction lowers the circulating supply and pays out the staking rewards, retard.
No other coin has 1.5% deflation and 7% staking apy entirely from the transaction fees. And transactions will keep growing, meaning so will those numbers.
You will literally have to retarded to not see how these tokenomics to this degree of success will inevitably cause too explode in value

>> No.27625403

Is there a lockdown time how long you have to wait till you get leased lto back?
How trustworthy is the biz node?

>> No.27625784

>>27625109
can someone explain this to me, the fud is weak on this coin, but this one got me. whats the shake out/ maturity and making a high barrier for passive stakers?

>> No.27625786

>>27625403
No lock out period, you can unlease at any time. When you lease to a node, your funds are still only accessible by you. The only thing you have to trust the node with is your staking rewards. But yeah, the biz node has been trustworthy so far

>> No.27625843
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27625843

>>27625109
Thats a plan to favor clients using the service over stakers in terms of rewards.
We will never be forced to sell, just staking rewards will be lower.
Thats also years away from happening,
Pic rel is where the team estimates we are now.
In early growth, with development continuing with more use cases.
As early backers we will get fucking fat from the staking rewards for years to come

>> No.27626212

>>27625784
Think of that like a stock's roadmap...early investors are rewarded not through dividends, but through price appreciation as the company's growth explodes. In the mature phase of a company, when growth has leveled out, the stock's price becomes very stable and the stock is valued for its steady dividend. That seems to be their model...they want LTO to be a stable blue-chip so that fees are predictable and institutions that use the network don't have to worry about their LTO getting pump and dumped by reddit retards.

>> No.27626312

>>27625302
>You are the blackest retarded gorilla monkey nigger
This is why I love this board. Thanks anon, I needed a good chuckle LMAO

>> No.27626697

>>27625786
Shiit well I dont see why I wouldn't lease then.
I have about 90k lto and was thinking of leasing 50k, the rest are to sell at some point of the peak.
But then again if there is no lockdown time I dont see why I wouldn't lease it all

>> No.27626789

>>27624630
there was an abundance of actually useful information. sure, you had your shills and pajeets, but it wasn't difficult to make money. airdrops and ICOs were frequent, everyone still loved etherdelta. mid 2018-2020 it was pretty much dead. it would sometimes take days for a thread to be archived and there really weren't any crypto topics popping up at all.

>> No.27626838
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27626838

Comfy as fuck

>> No.27626863
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27626863

>>27626312

>> No.27627027
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27627027

Bought additional 2.5k at 22 cents to bump up my stack to 17.6k, super comfy hold and it's still in decent entry point zone.

That being said, there is this relentless bot on Kucoin LTO/USDT pairing that has been accumulating in 21 - 22 cent zone literally for days now (I have been watching the pairing every single day). Is there any way to play the system where bot instantly places an open order 1 SAT above yours?

>> No.27627030

>>27626212
well i get that, but being a token and not an actual company who decides what the "fair market growth/price" should be for the token? like who the fuck decides that its high enough, and what do they mean by price settlement of tokens with high barriers for passive stakers to enter due to reward scheme? im a hodler, but are they basically saying lets get a bunch of passive stakers on board to help the stability of the network, then when we have enough companies on board, lets fuck those early stakers in the ass cause we don;t need them anymore

>> No.27627297
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27627297

>>27627030
I'm pretty sure us early stakers will be just fine.

>> No.27627624

>>27627030
Early stakers won't be fucked in the ass. When that point happens the number of transactions, and therefore the APY, would be enormous. Meaning so will the price, when more people jump in and move their coins off of the exchanges.

>> No.27627955

Imagine getting mad at LTO after it finances your lambos kek

>> No.27628303

>>27627297
>>27627624
so what you're saying is, lets say the price goes ridiculous to 20 30 or 50 bucks, then they make the transaction fees super low, like .000001 of an LTO, so buying LTO at that price wont be worth it necessarily for the staking rewards unless you have a big bag, but those early adopters are sitting on large enough bags that are worth a lot of money, and have enough that they are still making bank on all the transactions. did i get that a little bit right? sorry LTO anons, i have over 120k of these and just want to make sure im making the right move

>> No.27628580

>>27628303
>>27154819
I think its what riddleranon is getting at as he says people will never sell their LTO. Im still waiting for /biz to figure the math out.

>> No.27628663

>>27628303
It's kind of like a blue chip stock that pays out only 1% dividend or something like that...for investors who bought the company when its price was 100x cheaper, and held, they can literally live off that 1% because their capital position is so massive. That's how dividend growth works, and it seems to be the same concept applied here.

>> No.27628767

>>27628580
Yes, correct. There would be no need to (potentially), because the income from the staking ten years from now could potentially be enough to finance your lifestyle, even if the payout is only 1% a year.

>> No.27629357

>>27628767
He didnt explicitly state $100 coin minimum but i think its what he was implying. Hadnt seen anything much in the way of LTO tokenomics/math anywhere until riddleranon posted and he also said the synchronicities would be astounding when we look back. Here we are now a few days later with lots of tokenomic/math discussion and our very own god El Tio.
My gut tells me riddleranon knows something we havent figured out yet.

>> No.27629509

what's a realistic price prediction for lto? I'm fairly confident in $3 EOY but what about longer term? like 7-8 years from now? I've seen some anons throw out numbers like $100 which seems delusionally high

>> No.27629581
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27629581

Reminder that our namesake demon chad El Tio demands offerings of cigs, booze, and coca leaves from miners, lest he destroy them

>> No.27629942

>>27629509
22 cents EOY

>> No.27629956

>>27628663
>>27628767
wait a fucking minute, this is starting to make more sense. They have a goal to keep the price somewhat stable at some point in the future, but at a low market cap like todays, the price could obviously be manipulated by a whale with deep pockets, but the higher the mcap gets the more stable it'll be from price manipulation, but even at 10 billion, thats still a relatively low marketcap that can be messed with, are we talking about a 50 or 100 billion market cap? something so massive that it'll be stable from large fluctuations? at 50 billion that would be $183 a token with todays circulating supply

>> No.27630077

>>27629509
If the company is successful $100 in 3 years isn't even that far out. Tokenomics will make value exponential if transactions keep increasing.

>> No.27630302

>>27628303
yes. also understand that with the government deals, those tx will flow through LTO Network for decades all paid for by tax payers, so they don't give a fuck.

Basically LTO is a license to print money if you have a big enough bag and get in early enough (like right fucking now)

>> No.27630398

should I buy? I believe in LTO, but I don't know if now is a good time (is the price too high). I'm a newfag when it comes to crypto like a lot of other people on this board at the moment. Ty.

>> No.27630401
File: 2.14 MB, 1384x1867, 1612044373104.png [View same] [iqdb] [saucenao] [google] [report]
27630401

>>27628303
Yes exactly my dude

>>27628580
I think he was a bit of a larp.
The point is the tokenomics and potential shortage of LTO supply is known.
Idk what math we can do when we don't know how fast clients will onboard.
Actually now that I think about it,
maybe he was thinking at current growth rate of transactions and amount staked, what the price will look like.
He said Q3 will be big, but whatever.
Too many fluctuating variables for me to do proper maths

>> No.27630550

>>27629509
My first thought was that was too high a price but from the LTO discussion over the last few days im understanding the Tokenomics more and now im not too sure that $100 a coin is too high.
10,000 stack x $100 a coin = $1000000+7% APY =$70,000 profit per year.
He also said it will be a comfy stress free 6 figure ride, no hell. I think hes implying that at some point the coins will become quite scarce quite quickly. How else does 6 figure hell turn into 6 figure heaven? Fast run up in price followed by not much on the sell side due to such a good APY?

We need to do the math!

>> No.27630619

>>27630398
Top 10 transactions with <60M mcap. It is SEVERELY undervalued.

>> No.27630681
File: 255 KB, 326x326, 1611107541222.gif [View same] [iqdb] [saucenao] [google] [report]
27630681

>>27629956
You're catching what I'm throwing, fren. Exactly. And at 50-100 bil market cap, with real cashflows from staking determining the price, not speculation, the price would be expected to be very stable at that point.

>> No.27630742

sorry for being a complete noob, but where in the wallet can I see the apy's and stuff that my lease is generating?
I put 90k in /ournode/

>> No.27630853

>>27630742
Not in the wallet. It'll just pop up as a transfer every saturday.

Calculate here: https://www.stakingrewards.com/earn/lto-network/calculate

>> No.27631027

>>27630853
ah okey, thanks

>> No.27631034

>>27629956
Now you're thinking
yea they wrote about that in this blog post:
>Why a higher price is beneficial to LTO
https://blog.ltonetwork.com/faq-why-arent-lto-transactions-pegged-to-the-euro/

>> No.27631259

>>27630550
the APY will be much higher than 7% in a few years if the charts are to be believed

>> No.27631454
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27631454

Boys we’re going to be stupid rich from this!!!!!!

>> No.27631619

>>27631454
Don't forget to buy some cigs and booze for El Tio.

>> No.27631649

>>27630401
Thats pretty much what i was getting at in my last post. I think maybe its something to do with transactions increasing dramatically and rapidly. He did say TXs fly. He also said narratives change so maybe he means he knows LTO holders will figure out that you would be mad to sell any of your initial stack.
Regardless of wether riddleranon knows something we dont about LTO i think its safe to say LTO tokenomics/math discussion on /biz has improved since he posted.

>> No.27631691

>>27631034
>This means that keeping the network safe, directly correlates with the market cap. For instance; if the total market cap would only be $1M USD, a $510k share in the network would give you control of it.

Given the seriousness of projects that depend on the safety of LTO, a high market cap is essential in order to deter bad actors due to the high costs of malicious activities.

with the seriousness of the projects that they need to protect from a 51% control then they would probably even require higher than 50billion mcap, holy shit this thing is going to make me rich

>> No.27631794

>>27631691
>with the seriousness of the projects that they need to protect from a 51% control then they would probably even require higher than 50billion mcap, holy shit this thing is going to make me rich
Comfiest hold in crypto rn. I'm all in on AVAX and LTO, I hold nothing else.

>> No.27631953

I currently have ~10k LTO that I bought around 0.13c each. after reading all the recent threads on this board about LTO's tokenomics I'm seriously considering swapping my 0.1 btc into LTO. retarded idea or no?

>> No.27632082

>>27631953
You might want wait for BTC to pamp some more then swap for LTO. Holding more LTO is never a retarded idea, it's a matter of cost of opportunity.

>> No.27632098
File: 127 KB, 1187x980, 1611789535673.png [View same] [iqdb] [saucenao] [google] [report]
27632098

Actual governments will be using LTO for land registry.
According to latest update from team
Afghanistan is all set and UN is convincing other countries to use LTO too for this service.
In another ama, the CEO said there's more countries interested and waiting to see the outcome of this.
If this usecase goes viral, shit will hit the fan

>> No.27632183

>>27619725
Sounds like a Unification knockoff.

>> No.27632203

>>27631259
I don't think so. As the network grows and eventually stabilizes, risk-free staking yields will be compared to fiat interest rates... because fiat interest rates are so low this will drive passive staking yields down similiar to how low interest rates drive stock dividend yields down...but of course, this occurs because the price is driven up. A decade from now we could be living comfy off of 0.5% LTO passive income.

>> No.27632291

>>27631953
I sold half my BTC (0.3) and put it into LTO.

>> No.27632308

>>27631619
Way ahead of you

>> No.27632588
File: 66 KB, 576x1280, IMG_20210112_125615_186.jpg [View same] [iqdb] [saucenao] [google] [report]
27632588

Riddlers math:
- current growth rate in tx
- current growth in amount staked
- available supply on exchanges
- current exchange outflow if possible?
To calculate a supply shortage. If anyones up for it


>>27631953
I don't think btc is done yet if we look at 2017 run.
Might want to wait, but maybe it doesn't repeat the same pattern, who knows. Pic rel

>> No.27632592
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27632592

>>27632291
>>27632203

Good choice! And we definitely will exceed 7% APY in the interim. Huge clients are already announced but haven't started yet (land registries, shrimp, etc). This is going to snowball

>> No.27632834

>>27631794
Nah, LTO doesn't need to hold 51%.
It's that a threat actor doesn't have an easy way to grab 51%.
The idea is to have legit clients and their nodes run the blockchain decisions through voting that benefits the network

>> No.27632879

>>27632592
>land registries, shrimp
DREP, DIDs, CHAINLINK partnership. 2021 is bullish af.

>> No.27633139
File: 223 KB, 1055x890, 1612334781954.jpg [View same] [iqdb] [saucenao] [google] [report]
27633139

>>27632879
>DREP, DIDs, CHAINLINK partnership
Can't wait bros
2021 outlook good

>> No.27633215

>>27632879
Rose, Navarik, and VIDT tx expansion (no more batch transactions)

>> No.27633219
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27633219

>>27627027
Fuaaarkkk all of this talk made me toss in 500 EUR more into it.

No more buying lads, I'm now treading into territory of investing more than I'm comfortable to lose. Still super mega bullish though, will buy with next salary if the price manages to stay low enough.

>> No.27633316
File: 18 KB, 1517x182, 19181981.png [View same] [iqdb] [saucenao] [google] [report]
27633316

>>27632834
Just put in my order....8888 seems like a lucky number

>> No.27633355

>>27633219
20k is a pretty decent stack already.

>> No.27633916
File: 707 KB, 750x1000, 1611171850540.jpg [View same] [iqdb] [saucenao] [google] [report]
27633916

>>27633355
More than enough for a suicide stack

>> No.27634096

Number patterns are easier to see when you zoom out.

7674000000

Narratives change.

Pumps die.

TXs fly!

Is riddler hinting that LTO will be seen as an equivalent to BTC as LTO has an APY and amazing tokenomics/math?
7674000000 Global population im assuming. Not enough LTO to go around. Narratives change, pumps die, people will figure out that LTO is an amazing investment and pump chasers pile in but hold instead of dumping as they can see supply drying up. TXs fly, maybe he knows a big LTO client is coming or zoom out on the TX chart and its parabolic?
Long
Term
Ownership.
The narrative becomes LTO is a coin you never sell any of your initial investment?

>> No.27634283

>>27634096
>The narrative becomes LTO is a coin you never sell any of your initial investment?
Just like a dividend stock.

>> No.27634302

>>27628303
According to my understanding if the price of LTO gets too high the team will propose to lower the fees and it will be accepted by the nodes because it's beneficial for the network, but they will probably not accept super low fees that would make the APY less than 3%.
Also I think this chart >>27627297 is bullshit, there is absolutely no way that the APY will stay higher than ~10% for a long period of time, because it would make people buy more LTO, which will increase the price and thus decrease the fees (so I think the APY will always stay between 3 and 10%).

But anyway I think in a few years it will be mostly companies staking

>> No.27634472
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27634472

>>27634096
>It'll be 1 LTO

>> No.27634603

>>27634302
You've misinterpreted the chart. That chart is projecting future APY BASED UPON BUYING AT THE BEGINNING OF THE CHART AND HOLDING. In reality, effective yields could be 1% in the future RELATIVE TO THE PRICE OF THE ASSET. This is why there are no stocks that pay 110% APY dividends, because the market would immediately buy the stock and drive down the price.

>> No.27634664

>>27634472
kek

>> No.27635273

>>27633355
>>27633916

What would suicide stack number be?

Just checked and there are 1.5k wallets with >$1000 LTO value in them and 3k in total.

>> No.27635478

>>27635273
10-20k sui 50-100k make it sounds reasonable. Depends on success.

>> No.27635499
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27635499

>>27634603
Oh holy shit.
Thats what it is, I've been posting it many times without even knowing.
Fucking nice.

>>27634096
>Long Term Ownership
Must be about lto being not liquid and staked. This will be a big factor in the poompa

>> No.27635503
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27635503

>>27635273
Holy shit...I'm actually unironically in early for once...

>> No.27635648

>>27635503
No idea how this is such low mcap and is staying somewhat under the radar for so long.

>> No.27635777

>>27635648
Because they don't invest in hype marketing, I think. Its the same with HBAR, which I consider incredibly undervalued, except LTO is 10 times less market cap than even HBAR.

>> No.27635900

>>27634603
It's still weird that from 2023 to 2028 the ROI % goes up x9 while the fees only go down -15%, would be glad if someone could explain why

>> No.27635926

>>27635777
Hope it stays like this for a bit longer I wanna accumulate more under 25c.

>> No.27636056

>>27635503
it’s comfy isn’t it? hoping to accumulate and stake 55K before it increases too much

>> No.27636084

>>27635900
Higher transaction count, higher token price, lower fees to keep tx fiat price stable for clients.

>> No.27636211

>>27634603
So with 8 years of compounding rewards we will double our stack?
Help a brainlet out

>>27635900
transaction growth I'm assuming

>> No.27636256

The math works.
The math doesnt work below 20 Bil MC.
The math cant and wont fail.
Mathematically impossible.


How many LTO available right now?.......

Is he saying math will definitely take it over a 20B MC? What price would LTO be at then and what would the APY be off the 55k make it stack he says we need?

>> No.27636315

Fuck it, I'm in.

>> No.27636577

>>27635499
Its at 129mil now

>>27636315
Good move!

>> No.27636685
File: 61 KB, 888x768, 1612279529903.jpg [View same] [iqdb] [saucenao] [google] [report]
27636685

>>27636315
Welcome.

>> No.27636731

>>27636256
20bil mc would be $73 with current circ supply, not accounting for burn

>> No.27636964

>>27636731
Let's say $80 with token burn, 55k stack is 4.4M so leasing alone would make you enough money to live very comfy.

>> No.27637046

>>27636731
>$20 B MC

with a B? that can't be right.

>> No.27637268

>>27631619
I am a native spanish speaker and it finally hit me why you guys picked El Tio

>> No.27637339
File: 216 KB, 1000x963, 4FDF887F-AD37-44DF-9F46-264514D707BF.jpg [View same] [iqdb] [saucenao] [google] [report]
27637339

>>27637046
welcome to LTO, enjoy the ride ;$

>> No.27637382

>>27637046
we're just talking shit here. not like its actually gonna happen... right?

>> No.27637390

>>27619725
My only fear is that i can't buy enough in time for it to moon.
I love this coin.

>> No.27637495

>>27637046
>with a B? that can't be right.
wagmi fren

>> No.27637510

>>27628580
why did he keep writing who as WHO. WHO is accumulating,
WHO owns it.
was this a way to say that WHO, World Health Organization is a potential future project, or do they just like writing WHO

>> No.27637606

>>27637510
my thought as well

>> No.27637810

>>27637510
schizo riddler might be on to something.

I just reread the article above and the one like that struck me is that they wouldn't open they M&A fund until $1 Billion MC. But they did buy out VIDT. Probably got a good price too.

First order of business should be for /biz/raelis to back up the fucking truck on LTO

Second phase should be to moon LTO to $1 Billion MC so that El Tio can start buy up projects like gangbusters and give them no choice but to integrate LTO.

Third Phase: Lambos and licking caviar from the ass crack of russian runway models.

>> No.27637850

This is literally the only coin that didn’t moon the last few days.

>> No.27637923

>>27637810
sorry for the poor grammar and sentence structure. I am tired as fuck.

>> No.27638046

>>27637510
more like emphasis on who is buying LTO
Im guessing the clients will buy this shit up.
Afghanistan alone bought 2.8mil for their land reg for instance.

>>27637046
I would not take the riddlers math too seriously,
but he did shine a lot of light on the nice tokenomics and pumpamentals of LTO

>> No.27638269

>>27637850
Doge might be better suited for you

>>27637923
Not a problem, but I'd advise against the reddit spacing, the empty rows between lines

>> No.27638334

>>27637850
We're in it for the long haul, I'm putting profits from other tokens into this.

>> No.27638380

help a newfag out here. what is a suicide stack/make it stack? and how is the amount needed for either one calculated

>> No.27638569

>>27638380
Read the thread.

>> No.27638607

>>27637850
It was low/discrete volume as I just bought

>> No.27638648

>>27636731
So we have a current circulating supply of 272M, divide that by 55k gives roughly 5000 people who will make it. Some people will have more than 55k LTO so even less than 5000 who will make it. Is this why he says people will never sell their original LTO.

$73x55000=$4,015,000+7% APY =$281,050 per year return.
Id never sell my original LTO as thats more than enough to make it and id also be worried about being able to buy it back as not many holders would sell their original LTO so the only LTO on the exchanges would be the APY LTO and more than likely not all of it as suicide stackers who hadnt made it would know they will make it if they just hold and get APY.

>> No.27639164

Is it possible to increase my lto stack from 9k to 10k in a year with leasing? I'm on xeno

>> No.27639185

>>27637850
Low volume and it's insane how almost nobody is selling / dumping their bags. Everybody is accumulating.

>> No.27639363

>>27625109
This is bullish for us as early stakers.

>> No.27639401

>>27637510
I chose to bring it to /biz first, better with numbers. /x better with words. Maybe it will take both boards to do the math.
He also said he plays fair. My guts telling me he definitely knows something we dont but i feel we are getting closer to figuring it out. When he says he plays fair maybe he means he could just tell the world the math and then boom a whale likes the math and buys in big and /biz gets priced out.

>> No.27639504
File: 447 KB, 726x794, 1611167261934.png [View same] [iqdb] [saucenao] [google] [report]
27639504

LTO , BTC and USD pairs:
- making higher highs and higher lows on 1d and 4h
>bullish
- upward forming wedge on 4h
>mostly bullish
- a drop in volume while being a ´fall´
>bullish

>>27639185
Don't forget staking/leasing LTO away too.

>> No.27639667
File: 86 KB, 445x633, 1611091503869.jpg [View same] [iqdb] [saucenao] [google] [report]
27639667

>>27638648
As much as I love these numbers, at $73 the fee would have to be 0.0137 LTO ($1) to keep it within the budget for clients.

So a 7% APY, assuming 50% staked, would mean 37.6 million txs per day.

So unless clients start accepting a higher price per transaction, I don't think we will be seeing 7% apy at a 20bil market cap

But, we WILL be seeing much higher than 7% before we reach that mc, meaning our stacks will grow so much that we might be seeing an equivalent of 7% when we get there

>> No.27639681

>>27637850
Diamond hands not required for LTO

Long
Term
Ownership

The 6k bot is an accumulation tool!

WHO owns it?
Pointing to price suppression while WHO or who fill their bags as they have figured out the math?

>> No.27639856

>>27639164
APY would need to be 11%. So yeah, I think it's definitely possible

>> No.27639911

>>27639401
he must be one of us. perhaps an autistic neet that already made it and wants to see the rest of us make it, but only those that are not low iq apes.

>> No.27640206

>>27639681
ok so VIDT and LTO partnered up to validate face masks. WHO as is in the World Health Organization might mandate all PPE be certified and Verified through LTO Network. This should stop all the fake shit coming out of China that could literally kill people. WHO is a big dicked whale just like the UN and everyone would have no choice but to follow what they say.

>> No.27640316

>>27639667
transactions should also be increasing and making up for the lowered fee,
but yea not by that much yet lol

>> No.27640445

>>27640206
I'm fairly certain the capitalized who is just rhetorical question for who is the target audience for LTO tokens.

>> No.27640546

looks like todays going to be another 100k+ txs

>> No.27640985

>>27640546
Based.
>>27640206
>>27640445
The list of applications is starting to get very long.

>> No.27641945
File: 259 KB, 842x1390, el-tio-the-lord-of-the-underworld-at-the-entrance-to-a-mine-cerro-BGTKWK.jpg [View same] [iqdb] [saucenao] [google] [report]
27641945

Don't upset El Tio. Present your offerings and he will reward you with great riches

>> No.27642008

>>27641945
El señor del inframundo.

>> No.27642143

>>27626838
>>27627027
what app is this?

>> No.27642207

>>27641945
Based el tio. Give him booze and cigs and he rewards you with eternal passive gains and a rock hard cock

>> No.27642472

>>27642143
Blockfolio

>> No.27642669
File: 2.81 MB, 3000x4000, img_2616.jpg [View same] [iqdb] [saucenao] [google] [report]
27642669

>>27642207
bitches love El Tio

>> No.27642846

>>27640445
>"A joke is not a thing but a process, a trick you play on the listeners mind. You start him off toward a plausible goal, and then by a sudden twist you land him nowhere at all or just where he didnt expect to go" Max EASTman.

Maybe, but he capitalized EAST in Max Eastman, he could be referring to east as in Asia and a big adoption there. If he's someone in the know, he's trying to share something

>> No.27643044

>>27642846
and he did say that DREP was only a small part of the puzzle

>> No.27643139

Bought
Withdrew
Staked

>> No.27643324

>>27643139
Based.

>> No.27643398

The math says otherwise.

/biz is not what it used to be.

Have you ever been paid to pay a bill?

old /biz wouldnt need to wait until Q3 to have an epiphany.

The numbers work above 5$ not below.

How many LTO available right now?

"Tell me and i forget, teach me and i may remember, involve me and i learn" Benjamin Franklin.

Screenshot for POSTERITY.

$ in the wrong place, benjamin franklin quote, hes on the $100 bill. POSTERITY meaning, all future generations of people, the descendants of a person. Pointing to the you will never sell comment meaning LTO inheritances
"Tell me and i forget, teach me and i may remember, involve me and i learn" Benjamin Franklin. Well since i got involved i have learned more about LTO.

>> No.27643406

>>27643139
whats your stack?

>> No.27643671

>>27643406
A little under 4k, not a lot by some measures, but I will probably increase later

>> No.27643721

Poorfag here, bought some. How do I stake? Is there a minimum quantity?

>> No.27643760

>>27643398
generational wealth

>> No.27643840

>>27643671
I'm around 8k right now but I'll move profits from other coins soon. Want to have at least 20k before it's 25c.

>> No.27643868

>>27643721
make a wallet here
https://wallet.lto.network
transfer your LTO there
start a lease
lease to /biz/'s node at https://xeno.finance/

>> No.27643935

>>27643721
No minimum quantity but there's a 1token fee for leasing.
https://blog.ltonetwork.com/staking-and-leasing-lto-network-node-guide/

>> No.27643975

>>27643398
a wild riddleranon appears!

>> No.27644126

>>27643868
Its not only the biz node, the owner is based af and also has the lowest fees out of all nodes, truly based

>> No.27644757

>>27636731
That's not even remotely outrageous.

>> No.27644919

>>27643975
I think riddleranon wants us to make it.

>> No.27644994

>>27643868
>>27643935
Thank you guys. Is it worth it though if I only have 402 LTO?

>> No.27645508

>>27644994
If you're not planning on selling, yes.

>> No.27645667

>>27644994
You only need 1000 minimum to run a node, you can lease stake with any amount.

>> No.27645713
File: 51 KB, 518x378, IMG_20210113_131752_375.jpg [View same] [iqdb] [saucenao] [google] [report]
27645713

>>27644919
I think he was slightly larping but LTO is indeed pump worthy.
Maybe he is just overblowing it.

I'm thankful for the discussion he brought, but I wouldn't like for LTO to become xrp schizo 2.0 and him as baba cugs

>> No.27645997
File: 457 KB, 495x480, 1551023467827.png [View same] [iqdb] [saucenao] [google] [report]
27645997

I'm off to sleep LTObros. May El Tío see us through to comfy life.

>> No.27646104

Unification did hybrid blockchain first
>>27643705

>> No.27646369

>>27646104
ermm no this coin hasn't been around for more than 30 days fuck off.

>> No.27646453

>>27646369
Unification (FUND) has been around since May 2020 on their mainchain, and the work going into it was founded in 2018
xFUND is a few weeks old, but that's their ERC20 token
The combination of the two solves the problem of trying to run enterprise systems on ETH mainchain

>> No.27646478

>>27645667
ye but how much are you expected to make with a low stack on /biz/bro's node
I only have ~200 but might bump it up to 1000 if staking pays out ok enough

>> No.27646701

>>27646453
not interested in your 3 digit coin that just got released it reeks of pajeetry

>> No.27646777

>>27646701
Bro, you will never see the kind of growth in LTO you will in xFUND. I'll take a 2 year old company over a 0 year old one every day
You know who runs LTO?

>> No.27646823
File: 6 KB, 218x250, 0b1c600acc98892e683b47a113187a762fbc0a06585ba909d238b29b14178163.jpg [View same] [iqdb] [saucenao] [google] [report]
27646823

>be /biz/ node
>start 1.5 weeks ago
>no one leases
>be today
>4th biggest LTO node

>> No.27646974

>>27619725
>Ethereum
Count me out, so sick of gas fees, I'm not buying any more eth-based projects until they fix this shit.

>> No.27647000

>>27646777
Stick to your thread pajeet. You're starting to stink this thread up.

>> No.27647153

>>27647000
You're the one shilling a coin built on a ripped-off concept. Buy original, buy xFUND.
You get details wrong, can't answer my questions, and accuse me of being a pajeet? I may be a shart, but I'm no street-shitter

>> No.27647248

>>27646974
you don't have to deal with it on Binance

>> No.27647265

>>27646974
Huh? It's it own chain. Guessing you're a burger and can't buy on binance? Oh no that sucks

>> No.27647309

>>27646823
I got 2k of these bad boys, what is my best bet for max returns?

>> No.27647367

>>27647153
No one's going to buy your shitcoin anon.

>> No.27647446

>>27647367
Your shitcoin copied mine, so I beg to differ. Plus, mine has an ERC20 connection, so it can actually interface with ETH without having to rely on LINK

>> No.27647449

>>27647309
Biz node offers highest payout %

>> No.27647516

>>27647153
no one wants a piece of shit niggercoin that pumped to $1466 from $60 dollars in 2 days. Stick to your thread pajeet.

>> No.27647556

>>27647446
Go make your own thread then? What you doing here? Desperate much

>> No.27647605

>>27647516
>>27647556
Exchanging (You)'s for interest. Thank you, btw

>> No.27647762

>>27646823
Did riddleranon wait until /biz set up a node in the hope /biz would figure out the LTO Tokenomics/math then lease to the /biz node and never sell as /biz would figure out they would never have to sell. Hes had 2 years to post what he posted, why now? If he figured out the math when LTO first appeared has he been accumulating all this time with no intention of ever selling as he knows the math is solid?

>> No.27647797

>>27647248
>>27647265
Yeah, burger, I just can't do these gas fees anymore. They eat almost all my shitcoin profit.

>> No.27647897

>>27637923
We need to get you russian ass caviar, stat

>> No.27648010

>>27647762
people who operate at high frequencies are weird so who knows? Maybe he bought a 1 million LTO fuck you money stack under 10 cents and is now giving out a little taste to his frens (us)

>> No.27648181
File: 45 KB, 1280x503, IMG_20210204_003344_057.jpg [View same] [iqdb] [saucenao] [google] [report]
27648181

>>27647762
No he didn't
Whatever, I'm not solving puzzles to learn what we already know.

>> No.27648910

the funny thing about LTO is it's unfudable. The one FUD that was getting to me about the road map, forced me to ask questions here and get the answers that made me even more bullish. Just like bitcoin actually becomes more attractive as it gets more expensive (seems counter intuitive but its not) as more funds can get involved the higher the liquidity/ MCAP, the same can be said for LTO. As it increases in adoption, it will increase in price and as the integrators keep buying and holding for operations and liquidity dries up, the price will rise making the network even more stable

>> No.27649143

>>27648181
Works as a theory. He waits until /biz sets up the node, makes his OP and now anons are figuring out tokenomics/math weve never done before. This encourages more anons to buy in and lease to the /biz node knowing the "never sell" tokenomic/math (the new narrative) and biz ends up with the highest node of investors who never plan to sell their original stack.

>> No.27649236

and by the way, if you are a client using the network and bought a bunch of LTO, then you probably bought a large amount. The UN bought 3million dollars worth. Even if you pay your transaction fees, but stake the large amount that you don't readily need for operations, then you are paying yourself and also making money from all other transactions, so the cost of using the network is cheaper than the actual .35 LTO

>> No.27649372
File: 181 KB, 542x458, 1611057228096.png [View same] [iqdb] [saucenao] [google] [report]
27649372

>> No.27649469

>>27648910
and if /biz ends up with the biggest node containing 10s of millions of coins that are owned by anons who know about the never sell tokenomic/math and are in agreement with it then this will stabilize the price even more. Is there a limit to how many coins can be on one node?

>> No.27649517

Top 30 holder. So comfy, not reading what you peasants think.

>> No.27649720

>>27649517
100k+ holder, will i be invited to your "eyes wide shut" type parties?

>> No.27649873
File: 1.58 MB, 960x914, Screenshot 2021-02-03 at 22.55.53.png [View same] [iqdb] [saucenao] [google] [report]
27649873

EL
TIO

>> No.27650069

>>27649517
Price prediction me whale?

>> No.27650196
File: 47 KB, 251x201, IMG_20210119_233600_480.png [View same] [iqdb] [saucenao] [google] [report]
27650196

>>27649469
It's not good for decentralization.
Once prices goes up I might run my own private node so I can compound my rewards.
Only when prices goes up and it's affordable to host a server with the rewards

>>27649517
I'm thinking BASED

>> No.27650374
File: 82 KB, 888x768, IMG_20210112_235400_813.jpg [View same] [iqdb] [saucenao] [google] [report]
27650374

>>27649873
Dios mio

>> No.27650801

should i get some eth now at ath so or do i wait?

>> No.27651275

>>27649720
damn I might need to get myself over 100k to get an invitation to that type of parties... I've been dreaming about it

>> No.27651594

>>27649720
>>27650196
Price prediction. With blockchain being its own silo for the next year, unfortunately, I see LTO at a couple billion market cap easy. So 20x easy. Long term, if LTO gets valued as a normal SaaS company, in 2-5 years, fuck, $20 billion seems conservative (300X).

>> No.27652265

>>27651594
To clarify, this year, LTO should be 1-2 billion which is 20X-30X. But LTO should not be valued among shitcoin blockchain scams. It's a SaaS company, and if you value it as a SaaS company with expertise in blockchain... we'll make it.

>> No.27652818
File: 41 KB, 714x791, IMG_20210204_012140_935.jpg [View same] [iqdb] [saucenao] [google] [report]
27652818

>>27652265
We're going to make it fren

>> No.27652925

>>27652265
No doubt. I think it's the only network right now where the value from the client usage is directly delivered to the holders. Definitely a new era of dividends. The next Oracle?

>> No.27653191

Hmm thinking of throwing another $2k in LTO

>> No.27653483
File: 44 KB, 657x657, 10054894587794851.png [View same] [iqdb] [saucenao] [google] [report]
27653483

>>27650196
can i join ur node then fren??

>> No.27653695

comfiest LTO thread yet bros. I feel like im sitting infront of a fire with a hot chocolate and a warm blanket while i scroll this thread

>> No.27654007

frens, don’t be discouraged by missing the pump and dumps. unironically, i feel very similar to 2017 where i was filling my bags with link missing verge and tron mooning every other day. our time will come. keep a small stack to swing shitcoins so you don’t fomo, but do it in the hopes of increasing your LTO stack. wagmi, just be patient.

>> No.27654059

>>27652925
Literally hear what you're saying. Client revenue goes (directly) to investors. Most efficient business of all time.

>> No.27654878

>>27653483
Bienvenidos Tio

>> No.27655533

biz Node will be the one true node

>> No.27655882
File: 89 KB, 744x746, IMG_20210204_012134_715.jpg [View same] [iqdb] [saucenao] [google] [report]
27655882

>>27654007
I try making a small swinging bag,
But end up putting it all into LTO instead
I can't stop it's that comfy

>> No.27656418

>>27654007
Old chainlink holder too, I'm getting the exact same feelings about this one. Chainlink had a steady and slow growth before an explosion, I think we will see the same with LTO

>> No.27657108

>>27652925
Serious question though....ARE there any other coins where staking rewards comes entirely from transaction fees?

7% APY with 50% of the supply staked, directly from the clients into our pockets is just I heard of.

>> No.27657742

>pull a bunch out of stonks to throw into LTO
>fucking coinbase's 8-day hold on funds before you can transfer them off the platform
AAAAAAAAH
Do NOT buy or post about LTO for a week please understand

>> No.27658325

>>27657742
Oof sorry fren. Been stagnant for a while too, a breakout might be imminent

>>
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