SHIFT price analysis in *Q2* 2018: minimum 10X from current price, possibly 20X+

[btcmannn]

So last year in October, someone I know predicted that Shift would reach over $10 by end of year. That was over a 10X increase from when he made his prediction. He turned out to be correct as it went to 12 dollars. I have still been following Shift this year through the bear market, and even during the bear market it's still consistently shown signs of accumulation that I think closely mirror last time it went over 10X in Q4. Some of these accumulation spikes have been massive even when there was a downtrend overall. Now in the last month it's been in a stable uptrend in BTC value and also showing more accumulation spikes:

https://i.imgur.com/mCqXA4E.jpg

There are a few reasons I believe that explain this happening:

#1: They developed a working sidechain before Lisk or any other projects I know of.

#2: There are major product development strides, many public like above (also another big one was Hydra CMS pre-release put out in Github) some not public yet according to someone close to the team but big players probably know the real story already. There are for example claims that they have now internally proved that their decentralized storage cluster can already be used by other chains in partnership uses. This is a big deal because it solves a universal bloat/scaling problem that all other dApp chains are facing. Storing the data in a decentralized way the chain would have to store it in their own chain which increases its size permanently which of course is totally impractical for long term sustainability and efficiency of performance. Shift can already solve this problem for blue chip projects ie with market caps in high hundreds of millions and multi-billions.

#3: Related to point above the last blog they wrote sounded like the scope of the project was expanding in terms of partnering with tech companies.

#4: They hired an internal dedicated PR staff and claimed that a breakthrough was currently expected soon in mainstream media visibility.

#5: The Coinloop AI singled out Shift as one of only a five coins that they forecast in April to increase (https://www.tradingview.com/u/Coinloop/). Market sentiment about it seems generally positive as well (https://www.tradingview.com/symbols/SHIFTBTC/).

What are your thoughts about this, do you think these explanations are correctly identifying the factors driving this current accumulation?

[lmk99]

So last year in October, someone I know predicted that Shift would reach over $10 by end of year. That was over a 10X increase from when he made his prediction. He turned out to be correct as it went to 12 dollars. I have still been following Shift this year through the bear market, and even during the bear market it's still consistently shown signs of accumulation that I think closely mirror last time it went over 10X in Q4. Some of these accumulation spikes have been massive even when there was a downtrend overall. Now in the last month it's been in a stable uptrend in BTC value and also showing more accumulation spikes:

https://i.imgur.com/mCqXA4E.jpg

There are a few reasons I believe that explain this happening:

#1: They developed a working sidechain before Lisk or any other projects I know of.

#2: There are major product development strides, many public like above (also another big one was Hydra CMS pre-release put out in Github) some not public yet according to someone close to the team but big players probably know the real story already. There are for example claims that they have now internally proved that their decentralized storage cluster can already be used by other chains in partnership uses. This is a big deal because it solves a universal bloat/scaling problem that all other dApp chains are facing. Storing the data in a decentralized way the chain would have to store it in their own chain which increases its size permanently which of course is totally impractical for long term sustainability and efficiency of performance. Shift can already solve this problem for blue chip projects ie with market caps in high hundreds of millions and multi-billions.

#3: Related to point above the last blog they wrote sounded like the scope of the project was expanding in terms of partnering with tech companies.

#4: They hired an internal dedicated PR staff and claimed that a breakthrough was currently expected soon in mainstream media visibility.

#5: The Coinloop AI singled out Shift as one of only a five coins that they forecast in April to increase (https://www.tradingview.com/u/Coinloop/). Market sentiment about it seems generally positive as well (https://www.tradingview.com/symbols/SHIFTBTC/).

What are your thoughts about this, do you think these explanations are correctly identifying the factors driving this current accumulation?

You speak like it's a given that they can solve the storage related scaling problem for large dApp chains but it is just a rumor right now. Aside from that, the points seem valid to me.

[black jam]

Shift has such huge potential, they're market cap it tiny compared to the achievements they've made, I think they have the potential to be a top 20 or even top 10 coin in a couple of years.
All speculation of course.
The community is great too

[lmk99]

Does anyone know how reliable the Coinloop AI predictions have been in the past?

[kim-yon]

It is a project that is developed very long. But he never realized his true potential.

[black jam]

It is a project that is developed very long. But he never realized his true potential.

Which I think is why its slipped so far under the radar, having been around for a fairly long time. But its not sat there stagnating with old tech, the team are active, the developments are coming fast, they almost have a fully working, potentially revolutionary product, and marketing is just about to start.

Look at the price at the beginning of last year, I think we are setting up to be in a position for many more X's in the coming months

[Mith19]

It is a project that is developed very long. But he never realized his true potential.

Shift has somehow a different (and way better approach) than 99% of all the other projects. They focus on developing their tech at first. Marketing will start when they know that they are way beyond technology wise than the other kindergarden projects.

People will start to realize this hidden champ --> in near future there will be a lot of X ;-)

[lucky_girl]

I really like this project. Great project with serious and hard working team without any pumps. I will sell my SHIFT at 4 digit amount 

[Mith19]

I really like this project. Great project with serious and hard working team without any pumps. I will sell my SHIFT at 4 digit amount 

hehe, same here 

[CanErik]

Hi;

I guess Q3 will be the beginning of the big jump for the Shift. My Q3 price prediction is around 40 usd.

Kind regards

[jerry0]

Do you still believe this after how much the coins dropped?

[CanErik]

Do you still believe this after how much the coins dropped?

Hi;

Absolutely I do. We are almost end of the BTC drop, I am looking next entry point for more "shift". Mark my word.

Kind regards

[Ciucas]

Do you still believe this after how much the coins dropped?

Hi;

Absolutely I do. We are almost end of the BTC drop, I am looking next entry point for more "shift". Mark my word.

Kind regards

I think now it's a good entry point for shift, with the price of only 1.15$ per coin. It's almost at the lowest price that it has been this year, and if the BTC drop is really ending then i think that shift will start growing again in price also.