LTO pumped because of the Bitmax marketmaking bot. Bitmax is try to attract attention to their exchange. This project is actually terrible from a technical perspective. They are promising a private trustless blockchain verifiable by all - which is a contradictory statement that demonstrates that the team is either very ignorant about blockchain technology or are just outright liars who are throwing out buzzwords to attract attention.
Why did this pump?
- Empty github
- Whitepaper full of buzzwords
- Tokenomics paper making promises of future value
- Unprofessional twitter/telegram spitting out memes
- Existing company "LegalThings" is just trying to capitalise on blockchain hype
This project has too many redflags.
the team are a bunch of literal nobody eurotrash scammers. the fact that people actually believe that heineken is using this garbage for literally anything shows we are still stuck in 2017 mentality and the market probably has longer to fall
kucoin upgrade is a pleasing experience and they need more people to realize it.
To be fair, you have to have a very high IQ to understand LTO.
But I can break down the tokenomics for you to demonstrate why people are buying:
>it keeps pumping
hahahah. this guy. fucking pleb loser who knows nothing about blockchain. why don’t you hop into their social channels and learn how read. this is one of the best projects of 2019. have fun being poor
> waitwat.jpg
Was looking to post that.
All ive seen is praise for this project. Fudders didn't listen to all the shilling
github activity doesn't mean much. I haven't looked at the code, but commit frequency doesn't mean they are actually doing anything productive.
You can still maybe get a 3x out of this token mate, just buy its fucking 10 mil mcap. You LTO Fudders fell for the TA meme.
Just because its up 300% doesn't mean you sell dumb fucks.
Imagine you meet an alien, he sells you and a friend a small battery, with it, you can power the entire earths electricity consumption for a year. You trade the alien $1 for this item.
Upon returning home, your friend announces he sold the battery for $100, you realize you can lock in 100x gains and also sell for $100.
3 days later, you kill yourself because you realize that % of gains doesn't matter and you should have been thinking about the product itself.
Just like with LTO, you idiots are selling this thing at 5 mil mcap or less in some cases. Just like the people in my story, you also may end up killing yourself.
It's more than meme lines sonny.
>thinks lots of commits mean anything
This guy fucks
-Random 6 person team
-Already $90+ million market cap based on total supply
-Muh B2B partnerships
But yeah it's basically the same as a perpetual energy battery and is going to solve all of the world's problems. Sorry for your impending loss.
yeah he definitely gets bitches, you can tell by the cadence of his speech
No shit.
This. Look at the mcap, look at what LTO is doing. I certainly wouldn't expect a downtrend until we reach a more accurate valuation (in the top 100 imo), that doesn't mean we won't have corrections but that's about all I would expect
Well yeah ya dumb fuck it means the guthub's not "empty," right? You can't say the guthub's empty, somebody posts a screencap of thousands of commits, and then say "muh commits aren't anything."
Autism is cool, not downs syndrome you mouth breathing dumb fuck.
If this were true - that Bitmax is pumping lto to attract attention to their exchange - this alone would be enough reason for me to buy this shitcoin rn. You think an exchange pumping a coin to $10m cap is gonna get you binance's userbase? Lol nope. We got a long way to go (up) before it even starts to move the meter. Thanks for the tip though, buying more
I just had to make a glance at their website to know this is a scam.
When a project throws more than 3 buzzwords you can throw the project itself onto trash.
Absolutely none of this is true.
Sell all your coins now. This is going to dump so hard. Give me your LTO.