Lition price predictions?

What's your short and long term price predictions for Lition, and your reasons/math behind? Curious to hear.

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>2$ Dollars February 2021
>Network growth and maturity
>Germany´s push for renewable energy and digitalization

>$1488 EOY

Crab forever because that's the only thing it knows how to do
>mainnet constantly delayed
>team dumps at bottoms and bagholders excuse it because those funds were unlocked for dumping on bagholders' heads
>performed poorly in the great defi run of 2020, only 2x'd but bagholders will tell you that is major price action despite ETH going from $200 to $400 in the same period
>tiny green energy company, no germans have ever heard of it, at least a dozen other competitors vying for customers in the same vector
>thinking that the token is needed
>investing in Krauts when they had no issue with the great rapening (en.wikipedia.org/wiki/2015–16_New_Year's_Eve_sexual_assaults_in_Germany) and elected Merkel, the most socialist SJW leader in existence
I'm so sick of seeing this shitcoin/cult on my catalog, please contain it in a single general dedicated to scamming newfags out of their money or leave

>performed poorly in the great defi run of 2020, only 2x'd but bagholders will tell you that is major price action despite ETH going from $200 to $400 in the same period

But user this is also 2x hahahahahahahaha

>Pee pee poo poo
>1LIT = 10 LINK

Don't bother buying, the CEO's grandparent was part of the SS, it's a story he shared in his high school days. The CEO also keeps making announcements of announcements, and keeps dumping his bags on the daily. Would not touch this at all user. Buy something more serious like LINK, BTC or ETH. Even ADA and DOT are better plays than Lition.

Almost anything else in that period would've 10x'd your stack because even the lowest IQ user could've put money into coins like SHRIMP at a bottom and come out with a 5x in 3 hours. Your shitcoin crabbed and did nothing despite daily 300+ reply general threads and the brink of "major news" always being announced. This shitcoin can't get above $0.20, and even then you have bagholders from last year that bought at that price trying to offload their money, the same issue that heavily dumped coins like VET and NANO face.

>my shitcoin
I bought it this year at the lowest point. Its exactly the same to me

LIT is the biggest localized meme of 2020 on this board and I’m legitimately not fuding to accumulate. you guys are gonna get fucked dumped on for the 10th time and it’ll be as hilarious as every other time lmao

>the CEO's grandparent was part of the SS,
Strong buy signal.

>I’m legitimately not fuding to accumulate
>after this absolutely organic wave of FUDers AFTER a magnificent pump

DR;NS. I hope your mother and sister gets gangraped by niggers with AIDS

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Fucking kek at the newfags buying this shit. I don't usually post these kinds of warning threads but the recent influx of retarded rugpulls (luigi, booba, etc) might make this seem like a legit investment as a comparison to some people. Take it from a seasoned oldfag, it's not. Many shills with their bags will come storming in defending the project after I expose the scam and it's painfully obvious how inorganic and organized the shilling is.

So a little history for all the newfrens, back in the summer of 2019 after LINK was listed on coinbase, Zig Forums suddenly became infested with redditors and other normies, so there was an organized effort to shill them "the next link" and distract them from actual good projects. They took the name of Lition energy, a bankrupt german energy company and made it look like they're pivoting by launching a new green energy blockchain project, a perfect match because normies love everything green energy related (Tesla?). They even hired people on fiverr to act as a CEO and other company personell, but these people had no affiliation with Lition energy and there never was any blockchain project. If you go look up Lition energy the company, it has been defunct for several years now and there never was anyone with the name Richard Lohwasser even working there.

And the scam fucking worked, it pumped high in a very short amount of time but dumped pretty fast as people caught on. Now after over a year this dead pump&dump scheme has somehow been resurrected, as you can see from the blatantly inorganic shill threads for the past few days. I'm not sure if it's the normie bagholders from the 2019 pump, or even some the original scammers.

Stay the fuck away, you have been warned

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shut up mike

55 cent by next month.
3 dollars by next year.
30 dollars the year after that.

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Also I'm going to dump some price prediction calculations that I saved...

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Based

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If you were to value LIT fundamentally, I'd say around 500m MCAP which is somewhere between 5$.

>Working usecase with 50k transactions a day
>REAL (not being endorsed in a startup launchpad like 99% of crypto "partnerships") partnerships with billion dollar companies

However, most crypto projects are speculative vaporware and by peer comparison I'd put them somewhere around 2-5B, which would put it at 20-50$.

My realistic estimates are still - 1$~ 1 month, 3.5$ 6 months, 10-50$ (depending on future progress) 2 years.

This one hits

Also adding an extrapolation of the number of households of the energy usecase.
Basis of these extrapolation:
1) During April AMA they stated that they were adding 1000+ households per month which was an increase of 25% per month.
2) They said that they were more than on track to reach 235000 households by end of 2022.
3) They said that one household provides about 1000 euro in yearly revenues.
4) There was an article that stated that their revenue was 1.6 Million in 2019 (so an average of 1600 households over the year) and was expecting to reach 10 Million in 2020.

Combining these, picrelated seems to be a good estimate and they thus probably have over 15000 households as clients, which means their revenue is getting close to 20M on an annual basis and will hopefully rise to between 80 and 100 Million by next year and to 250 Million the year after that.

That's only the energy usecase btw.

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I might sell at $200.
Short term prediction: somewhere between $1 and $5 in 2021.
I'm here for the EZ staking gains.

Not trying to fud, but how does LIT avoid an oversaturated network that becomes slow? I already have some staked just didn't think to ask

Infinite amount of sidechains

Wouldn't the amount of lit that requires to be staked need to be infinite then? Or am I misunderstanding the network

This doesn’t add up. $1000 per household? That’s a normal annual electric bill. Lition doesn’t get that as revenue. They’re just middlemen getting a cut right?

Nope. They literally made "Lition Energie" for this usecase which is directly providing customers with energy through p2p transactions verifiable on the blockchain

This is how I'm thinking, except I've lived through a few crypto bull runs and could see $100+ if (when) the market creeps into mania mode after late 2021.

Its revenue, not profit.
So yeah they do get the entire electric bill paid to them. Their expenses off course include paying the electricity providers for the service.
All these transactions run over the Lition network.