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/biz/ - Business & Finance


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29567443 No.29567443 [Reply] [Original] [archived.moe]

>> No.29567508

Noone has cancelled the lease on /biz/ node yet edition >https://explorer.lto.network/address/3JkihPXS5iPs8xDKcFQmhR8TVcAmDRUZpyx

>> No.29567594
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>> No.29567672
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>> No.29567754
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29567754

https://blog.ltonetwork.com/kate-innovations-acquires-legalthings-b-v-from-firm24/

>> No.29568004
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>> No.29568421

DAILY REMINDER FOR LTOlets
>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.29568526

>>29568421
Their website literally has half a dozen projects they are doing with the organisations tied to the Dutch government.

>> No.29568588

>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 Architect 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.29568594

>>29568421
It wouldn't be the same without you.

>> No.29568678

And don't mention the UN partnership again. 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.
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

>> No.29568981

Is this the LTO schizo general?

>> No.29569156

>>29568421
Must be lonely down there lad.

>> No.29569221

>>29569156
I'm comfy with my FTM while LTO dumped below 600 sats again and again

>> No.29569352
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29569352

We recently hit ATH in transaction bros
https://blocktivity.info/ top 21 in blockchain activity
LTO fudders seethe for me

>> No.29569387

>>29569221
Why do you care then

>> No.29569464

>>29569352
Sweet revenue.
>>29569221
Glad for you, fren.

>> No.29569499

>>29569352
Transactions filled with spoof and spam

>> No.29569692
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29569692

>>29569352
121k yesterday

>> No.29569742

>>29568421
You will never be a woman

>> No.29569962
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29569962

https://twitter.com/TheLTONetwork/status/1364331444332617740
https://twitter.com/horizenglobal/status/1364306927400878081
LTO-Horizen Partnership AMA this Friday.

>> No.29569967

shit fud itt

>> No.29570115

>>29569499
I'm questioning your mental state at this point you post the same fake green text fud with no links to back any of it up. You're adding more lies to it.

>In the said reddit AMA CEO admitted their project at Afghanistan is going nowhere and likely to be cancelled

You're literally lying here. Rick said: " The project is ready for Afghanistan officials to start using it. It's a huge undertaking and apparently, there are delays in getting things organized. Unfortunately, details of the delay aren't shared with us, but we've been assured that the use of the platform will start soon.

We have several countries interested in this platform. A second country (not India), will likely follow this year.

There is one other use case we're currently discussing with the UN. It's too early to elaborate on that."

>CEO is a long time friend of Jed McCaleb and Mark Karpelès, he was the mastermind behind the rise and fall of Mt. Gox

This isn't true at all. Like fuck off.


FTM will crash back to 2 cents where it started in January and Iota will never hit $5 again.

>> No.29570274

>>29570115
Come on man, don't fall for baits

>> No.29570428

>>29569221
Yeah but you are still a lonely weirdo posting the same thing over and over and over again. Try getting out more see if that solves any of your mental issues.

>> No.29570567

>>29570274
He's being an annoying fuck every single LTO thread. LTO is a direct competitor to his holds such as Iota I'm assuming and he wants to shit up LTO threads with literal lies.

>> No.29570884

>>29570567
Based

>> No.29570949
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>> No.29571178

>>29570567
If its the same one who has been posting the same lies in the LTO telegrams hes in the shit. Imagine posting libellous comments about a lawyer. Dumb anon isnt as as anon as he believes.

>> No.29571609

>>29571178
I still maintain that using waves as framework for their blockchain is bad idea, and one of the main reason why I sold all my LTO.

>> No.29571689

And ever since I sold my portfolio went 5X while LTO barely 2X.

>> No.29571763

>>29571609
how stupid are you? should they have used ETH? Waves-NG was ahead of its time when it launched years ago and its still a high performance blockchain today you faggot.

>> No.29571794

>>29570115
It's not a lie if you pay attention to their subreddit and telegram

>> No.29572298

>>29571794

>it's not a lie bro trust me

okay bro you got me I'm market selling my stack right now!

>> No.29572491

>>29571794
And stop samefagging you retard it's very obvious.

>> No.29572567
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29572567

>>29567508
the balance is actually still going up

>> No.29572643

>>29572298
In 2020 they struggled financially, asked financial support from government, and furloughed most of their staff, at least that part is true, there's a source in dutch.

>> No.29573075

>>29572643

> dude trust me I said!

Can I get some sources dudes? The green text fud has been getting posted with zero sources and in fact is lying even about the AMA answers.

>> No.29573770

>>29572567
comfy af

>> No.29575211
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29575211

This chad makes fud posters shake in their boots.

>> No.29575547

>>29575211
Can't wait for mcap to grow so they can use the M&A fund. Exponential.

>> No.29575755

>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.29575772

>>29575547
Enlighten me on that fren what will happen when they'll use their M&A fund.?

>> No.29575887

>>29575755

Links supporting these claims or eat dick, it's really that simple now.

>> No.29575898

>>29575772
They reserve 81M LTO on a fund dedicated exclusively on Merger & Acquisitions (Rick's specialty) to be used to absorb other projects that would be beneficial to the network, but it can only be used once mcap is high enough (>2bn iirc).

>> No.29576459

>>29575898
bullish af holy shit

>> No.29577190

So if TXs double from 100k and leased LTO stays at the same level, apy doubles?

>> No.29577466

>>29568421
>>29568588
>>29575755
retarded schizo spam. bumping thread for real niggers looking for long term gains

>> No.29577611

>>29572643
There's a source in dutch? Geef me dan een link

>> No.29577661

how much is a sui stack

>> No.29577715

>>29577661
10-15k depends who you ask

>> No.29577727

>>29577661
people used to say 10k, now folks say 15k.

>> No.29577848

>>29577190
Yes.

>> No.29577893

>>29577661
5MM sui stack because it will be worth even less than now HAHAHAHAHA

>> No.29577907

>>29577661
I'm in the 10k camp myself, but that's mostly becausecthe price jumped while I was accumulating

>> No.29578056

>>29575898
>Rick's specialty

oh anon i thought his specialty was being unreliable and showing up intoxicated at important meetings

>> No.29578144

>>29576459
Btw 2bn mcap would mean $8LTO which means they're aiming for at least that much. Also higher mcap means higher safety (more expensive to take over/hack) which means they can onboard clients and projects that require security so the more valuable the token the more clients will be interested. Exponential.

>> No.29578159

>>29577611
Nederneger

>> No.29578545

>>29578159
>orange poop id
wat je zegt ben je zelf

>> No.29578562

>>29578056
Weak FUD

>> No.29578757

>>29568421

i read some shit like that always in the ftm posts and then i sold my ftm at 3 cents..

i dont know anything about lto but this made me incredible bullish. i will buy a small bag and hold.

>> No.29578846

>>29578757
Everything about LTO is designed around becoming exponential as long as the team is successful onboarding clients. Exponential functions start slow, of course.

>> No.29578914

>>29568588
>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)
Somebody post the link to this please

>> No.29578932

>>29578757
Move your tokens to the mainnet wallet and lease them to /our node/, Xeno.

>> No.29579040

>>29578562
you need to go back

>> No.29579132

I saw Rick at a grocery store in Amsterdam yesterday. I told him how cool it was to meet him in person, but I didn’t want to be a douche and bother him and ask him for photos or anything. He said, “Oh, like you’re doing now?” I was taken aback, and all I could say was “Huh?” but he kept cutting me off and going “huh? huh? huh?” and closing his hand shut in front of my face. I walked away and continued with my shopping, and I heard him chuckle as I walked off. When I came to pay for my stuff up front I saw him trying to walk out the doors with like fifteen Milky Ways in his hands without paying.
The girl at the counter was very nice about it and professional, and was like “Sir, you need to pay for those first.” At first he kept pretending to be tired and not hear her, but eventually turned back around and brought them to the counter.
When she took one of the bars and started scanning it multiple times, he stopped her and told her to scan them each individually “to prevent any electrical infetterence,” and then turned around and winked at me. I don’t even think that’s a word. After she scanned each bar and put them in a bag and started to say the price, he kept interrupting her by yawning really loudly.

>> No.29579245

>>29579132
Bullish just bought 100k more.

>> No.29580171

>>29578914
I wish there were links only to quickly realize within seconds of reading that fud post that it's all bullshit

>> No.29580653

>>29568421
based

>> No.29581115

>>29568421
fud harder tranny

>> No.29581313
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29581313

>>29577893
>5MM sui stack because it will be worth even less than now HAHAHAHAHA

>> No.29581669

>>29579132
How does this not go old after all these years KEK

>> No.29582064

>>29578932
The fees are great but we really need an auto compound feature for our node.

>>
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