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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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29847786 No.29847786 [Reply] [Original]

Busy last few days..

UN new website about land registry through LTO network
https://unite.un.org/goLandRegistry/home

AMA with Horizen about their partnership through LTO as a side chain.
https://www.youtube.com/watch?v=Krs9WvkbgrY

>> No.29847896

>>29847786
Woaaw all this news must have put the price up!.. oh, you mean it still can barely break 30-31c?

>> No.29847912
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29847912

comfy indeed... still afterglowing from this week's node payout

>> No.29847921

Reminder to join the /biz/ node for world domination

>> No.29847962

Very comfy receiving my leasing rewards every Saturday morning.

>> No.29847972
File: 246 KB, 1920x1080, DIDS.jpg [View same] [iqdb] [saucenao] [google]
29847972

Neat new infographic about LTO's decentralized ids
This is what LTO's main focus is and what they want to be a market leader in

>> No.29848144

The UN land registry appears to be a total value of $440k digging into the reported financials on the UN side, so while its a nice proof of concept it's hardly epic news. But the DID and tx growth is good.

>>29847962
Me too thanks xeno

>> No.29848157

Easy to see it's gonna go back to AT LEAST 750sats in the next few days.

Few hours ago, broke 350k sell wall (bought, not removed) at 650sats.

>> No.29848177
File: 96 KB, 1079x1611, Screenshot_20210227-203415_Binance.png [View same] [iqdb] [saucenao] [google]
29848177

>>29847896
Only going up from here

>> No.29848191
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29848191

50% staked

>> No.29848408
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29848408

>>29848144
The most important thing is that it goes well and everyone is satisfied,
In the ama Rick said he's got half of Africa in his mailbox lol
Those 440ks will add up real fast it goes viral and a lot of developing countries make use of LTO

>> No.29848877
File: 215 KB, 1248x868, Plantation6.png [View same] [iqdb] [saucenao] [google]
29848877

>>29847786
Once the goLandRegistry kicks off on Monday, this will all be us

>> No.29848905
File: 359 KB, 2048x1536, 1614397331305.jpg [View same] [iqdb] [saucenao] [google]
29848905

HOURLY REMINDER NOT TO INVEST IN UN BACKED COIN
>b-but it's united nations
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
Exit scam soon

>> No.29848967

>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.29849032
File: 46 KB, 558x526, 1614398790023.jpg [View same] [iqdb] [saucenao] [google]
29849032

>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.29849147 [DELETED] 

>>29848408
>The most important thing is that it goes well and everyone is satisfied,
In the ama Rick said he's got half of Africa in his mailbox lol
Translation: Half of africa begging for donation money from LTO
Developed countries where the money is made, they use private blockchain already for land registry.
Zero chance they'll use some dutch gypsy public blockchain for land registry purpose.

>> No.29849274

>The most important thing is that it goes well and everyone is satisfied,
>In the ama Rick said he's got half of Africa in his mailbox lol
Translation: Half of Africa begging for donation money from LTO
Do you seriously think they've money to buy your LTO bags?
Developed countries where the money is made, they use private blockchain already for land registry.
Zero chance they'll use some dutch gypsy public blockchain for land registry purpose.

>> No.29849316

amazing. if someone actually believes even 5% of your FUD, they don't deserve to make it.
The same FUDDER everytime. must be really sour to have sold LTO at 5 cents.

>> No.29849523
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29849523

>>29849316
the autist develops a new post each week lol. Soon he'll fill up most of our thread

>> No.29849692

>>29849523
it's all just bumps for visibility, and the retards that fall for the fud would be shaken out before long in any case.

>> No.29849789

>>29847786
Horizen girl is CUTE

>> No.29849916

>>29848905
>>29848967
>>29849032
>>29849274
bullish fud, just picked up some more, thanks anon

>> No.29850255

where are the replies to the FUDDER saying "oMG i DiDn'T kNoW! i JuSt SoLd My BaGs! ThAnKs AnOn!"?
obviously commented by his tranny parents' other pc.

>> No.29851082
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29851082

>>29849789
i’m sayin how many LTO for a girl like that?

>> No.29851235

Daily reminder that Rick is a douchebag who used to bully mentally challenged kids when he was in middle school

>> No.29851566

>>29851235
based

>> No.29851685
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29851685

>>29847962
>>29848144
Same, I calculated the APY btw and we're at 7.7% now.

>> No.29851811
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29851811

>>29851235
EARLY AND OFTEN

>> No.29852255

>>29851082
100 LTO in 2022

>> No.29852590

>>29849032
Okay this pic is enough to convince me to sell my bags
Such unprofessional CEO

>> No.29852876

I have 450 LTO, is it worth leasing on /biz/ node or not?

>> No.29853030

>>29852876
It'll take 1.7 weeks approximately to make the 1 LTO fee back. After that you're in profit.

I'll let you decide.

>> No.29853163
File: 202 KB, 512x512, smugELTONCHADBIGDICKOOOO(1).png [View same] [iqdb] [saucenao] [google]
29853163

>>29849789
Sure
For sure
Sure

>> No.29853206

>>29852876
No

>> No.29853354

>>29852876
If you're on Binance, no. You will pay a 5 LTO withdrawal fee. First get some more and then withdraw everything together.

>> No.29853671

>>29852876
>>29853354
Because LTO value is going to 0, alternatively you can sell your LTO and buy Aleph.im instead. They've legit and big partner like Ubisoft and will conquer the DID market worldwide.

>> No.29854104

>>29852590
>>29853671
LOL! Same person. ahh so you're into Aleph... not a bad coin but we're not faggoty enough to spread baseless FUD. What you spread isn't even rumors, you just pull it out of your ass with shit stains.

>> No.29854116

>>29848967
>>29847786
Why buy LTO and why the strong fud? Are there any sources for all these claims to prove them?

>> No.29854134

All this FUD has me bullish, LTO is my comfiest long term hold

>> No.29854289
File: 93 KB, 745x589, IMG_20210210_112013_610.jpg [View same] [iqdb] [saucenao] [google]
29854289

>>29853671
>big partner like Ubisoft
This is the fudder we're dealing with?

>> No.29854407
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29854407

>>29854134
Not sure about that
Even owner of LTO 4chan node is bearish with LTO future.

>> No.29854468

lol check how this idiotic genius tries to have some cash from these poor people

Fuck him.
Already took part in yield farming on YVS Finance and their genius staking model with low fees. That’s what you must check first now

>> No.29854482

Unironically the BTC of the B2B world, seriously, its in the math.

>> No.29854483
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29854483

>>29854116
LTO Network
>unparalleled adoption and use-cases in enterprise
>Partnered with IBM, United Nations, AIRBUS, Dutch and Euro gov bodies. Already paying and using the service.
>Q3 Oracle collab with stinky linkies for digital ids (kyc for businesses when doing defi)
>Top 10 in transactions, revenue generated and best price per sale (p/s) ratio at a low mcap 60mil. https://coinstats.network
>50% of circulating supply staked, rewards come entirely from client companies using the service , 0.25LTO each transaction
>Deflationary supply, 0.1 LTO burn each transaction too.
>Coinbase soon for the burgers
It's insane, top coin adoption wise but such a small market cap.
Token you hold is same as clients use.
The fud comes from an autist that held VIDT at the time when LTO outright bought them.
His bags sank temporarily, but he sold and got cucked hard and isnt a man enough to move on

>> No.29854532

>>29854407
Conor doesnt understand supply and demand.

>> No.29854578

>>29854407
There's 2 Conors
Thats not our operator

>> No.29854595

>>29851811
Rick is the OG chicken nugget scoon

>> No.29854664

>>29854407
that is not the same conor as the owner, bad fud

>> No.29854687
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29854687

> tfw getting paid on Monday so I have to watch it pump from sidelines

>> No.29854702

>>29854407
Lol that's a different Conor

>> No.29854727

>>29854407
and in any case, its Calvin you have to watch out for

>> No.29854905

>>29854116
LTO CEO is proven scammer. He already scammed his ex-employee. Next he'll scam you bagholders.
https://newsabc.net/amsterdam-crypto-company-argues-over-500000-lto-tokens/

>> No.29855007

>>29854905
>ex-employee
>guy asked to help as advisor
>does fuck all
>still wants his reward

>> No.29855124

so much fud, y'all are really convincing me to buy more

>> No.29855596

>>29849032
I'm glad i got out of this crab coin. wont never get past 1 dollar. screencap this.

>> No.29855654

>>29854482
I also finished the math. /biz hasnt had the epiphany yet as they havent finished the math.

>> No.29855692

haha, they ask how to get income with this gas, fees, dumps, etc

haha what a tards! they will always be homeless

I am not so tarded to trust this shilling shit on /biz/

>my way is fucking top yield staking and vaults on YVS! They burn 0.75 % fee on all transactions. Profit is great!

>> No.29855755
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29855755

>>29855692
>>29854468
Stop fren

>> No.29855946

>>29855755
It's a bot.

>> No.29856170
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29856170

>> No.29856210
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29856210

>>29856170

>> No.29856445

For those who don’t know, this recent FUD directly stems from me asking in the Biz telegram and in the generals why there was no FUD at all for this project. EVERY project has FUD. So some autist decided to take up the mantle and copy paste this ridiculously shit FUD in every thread now and fill the gap in the market

>> No.29856513

>>29856445
Tyb fudder

>> No.29856536

it's amazing how his FUDS are so retarded.
More countries going to utilize LTO > Higher transactions > deflationary. All you need to know.

>> No.29856623
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29856623

Lto exposed
Rick is there just because he's tall

>> No.29856681

>>29856623
I really hope this gets added to the fud list

>> No.29856707

>>29856623
Thanks, just sold 100k.

>> No.29857041

>>29856623
Also, what % of people are Dutch?

>> No.29857296

>>29854727
Fucking Calvin and his Mario Goatse obsession

>> No.29857484

>>29854905
LTO token has 5x since this article meh

>Schmitz informs his lawyer Willem Jan Tielemans that he is considering an appeal. “This doesn’t feel right for my client,” said the lawyer. “Huige has hardly provided any input. He emailed some documents and blanks. That is not worth $ 20,000 in tokens. Moreover, the value of those has increased considerably.

now worth $200k for his advisor doing dick all

>> No.29857678
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29857678

>>29857296

>> No.29857966
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29857966

>>29856210

comfy as can be boys

>> No.29858048

>>29857966
We're slowly crabbing upwards now. Please don't moon before tuesday I need to increase my stack just one more time to be extra comfy.

>> No.29858106
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29858106

Good night frens

>> No.29858312

>>29858106
Good night fren, wagmi.

>> No.29858334

I had 8k LTO and I took a loan (6% APR, i can pay it off whenever i want to) to buy 12k more and stake them. Am I retarded?

>> No.29858646

>>29858334
It's risky.

>> No.29858754

>>29858334
You'll be fine, as long as you cash out a bit to pay that loan before bull run comes crashing down (eoy - 2022?)

>> No.29858825

>>29858334
>Getting a loan to buy crypto
Anon, take a step back. This is destructive gambling behavior. Please reconsider

>> No.29859251
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29859251

>>29854407
'bout enough had it with your schizo posting, everything you post is one lie after the other.

>> No.29859679

>>29857678
based goatse enthusiast

>> No.29860452

>>29855654
explain then and I’ll dump the rest of my shitcoins and buy another 100k LTO right now.

>> No.29860516

>>29858754
that's my plan, i will pay off it in 2 months

>> No.29860645

>>29858825
I know that's risky but with my paycheck I can pay if off almost instantly

>> No.29860765

>>29860645

You bought a good dip and you say you can pay it off you're good.

>> No.29860953

>>29860765
Actually im testing it im just curious retard. I want to see if I can earn more than cost of the loan.

>> No.29861242

>>29860953
Also for example I take 5000$ now and I want to pay it off after 2 months. I will have to pay 5054$ while I can swing and stake.

>> No.29861495

>>29858334
Buying any investment with credit is always risky, though I'll admit I've done it myself. The Apr is low so you'll be fine

>> No.29861705

>>29861495
I didn't know official name of this loan. That's resolving loan I can take it anytime without any paperwork and I can pay it off whenever I want to.

>> No.29862171

>>29860452
What does LTO look like at 1 million TXs a day? What will the cost of a TX be when say LTO is at $10? How many LTO will be available on exchanges when LTO is at $10? /biz should finish the math!

>> No.29862175
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29862175

>>29847786
Wagmi

>> No.29862197

>>29861705
Yeah I've had similar from my bank because I have excellent credit score and regular deposits. I took a 8k loan to buy the BTC dip last March and boy has that paid off

>> No.29862371

>>29862171
I'm too dumb, but i have 100k stack -- you don't have to tell me the maths, please tell me though - aigmi?

>> No.29862447

>>29862171
yeah thats great - but the maths should tell us why LTO will get to $10 in the first place. If it gets there, I’ve already made it

>> No.29863026

>>29862371
Yes you will be able to live off apy gains
>>29862447
The math will show you why LTO will break a $1000. The riddler asked us who had decided not to publish the numbers aka the math, its stansberry research he is referring to, the people who described LTO as the Ethereum of the business world.