Topic: Shift price by end of 2017. - page 12. (Read 7950 times)

Could be true but it works a bit differently in crypto.

Price wont change much in this year. That team need more time to build up their project and make it become popular before more investors come.

Upbit publication said new website before Q1 2018.
Waiting for updated roadmap in the new website.  

https://www.shiftnrg.org/wp-content/uploads/2017/10/Shift%20Upbit%20-%20English%20text.pdf

The new website running on their blockchain is scheduled for release before end of the year. The website will be replaced with a new roadmap, whitepaper etc (what I have read).
For more info and activity go to the Ryver Chat where there is a lot more activity than Reddit for example.

https://shiftnrg.ryver.com/application/signup/members/Q3vvIv5azjNuFKl

I do see this as a very promising project and im holding a substantial amount of SHIFT as well.

To clarify, the reason the new website is expected to create a price movement is that it is actually going to be hosted live with Shift's decentralized web hosting dApp. So the new website will be the direct, live proof that the Phantom dApp is in working prototype stage.

Shift's website is shiftnrg.org. I think when the new website launches before the end of the year, the URL will still be the same.

I don't like Shift. Is this coin the same as the platform from Shift.io? If it is then I may reconsider purchasing it.

If the platform is still on a good development track and showing strong progress, as long as that is the case I still believe 5x - 10x will happen regardless of time frame unless it loses first mover advantage, which I don't believe would be a likely risk until some time in 2019 if development stagnated. But the devs seem very committed from my discussions with them. Based on my impression of the development, I believe that 5x - 10x movement will happen within 4-6 months if it happens more organically, or within 4-12 weeks if whales perceive opportunity before then. In the Ryver forum today someone posted the chart since last February. I don't claim to have any sophisticated TA ability and don't try to make long term investment based on TA, as I don't think it can project the most significant impacts of development news etc., but in the Ryver some believe that a breakout will happen soon:

https://contattafiles.s3-us-west-1.amazonaws.com/tnt10662/oJa7rNryG4gUVI3/Pasted%20Image%3A%20Nov%2021%2C%202017%20-%209%3A22%3A22pm

I believe the general culture in the crypto scene, which can act as a major investment tailwind, is probably shifting in favor of projects like this: no ICO and steady development over 2+ years, with a working prototype already developed. As crypto investors become more disillusioned and wary of high cap ICO projects and vaporware based only on hype, projects fitting Shift's profile (i.e.: multi-year development + no ICO + already have working prototype) should see an upsurge in investment IMO. I think this is part of the reason that Vertcoin mooned (but replace the working prototype condition with the equivalent early mover advantage in its category, within the "currency" use case niche: it fulfilled this condition with its early implementation of lightning network). If this cultural shift in crypto continues into a full swing momentum, since there are not many active projects that actually fit this profile, the relative few that do will see a higher concentration of interest and attention.

hope 

As I understand, the main benefit is not the ad-free aspect but that using IPFS for decentralized hosting will enable web hosting to be cheaper than it is with current technology and that the cheaper web hosting will not require a learning curve for web developers to use it, as the Shift platform is made to be accessible for mass adoption and supports Javascript. The other benefit is that the decentralized nature of IPFS will make its hosted content resistant to censorship.

Running a storage node for the decentralized web and file hosting is one way to earn revenue through the platform. The Shift token can also eventually be used as a medium of exchange for providing services on the Shift platform, such that the market cap of Shift should theoretically include the total dollar value of all services rendered on the dApp platform. (They're working on a peg solution as I understand which will enable the service pricing to remain stable as the token value increases.) Web hosting is a multi-billion dollar industry so the use case and revenue model should be viable if it's really true that (1) using the platform has little to no learning curve for adoption by mainstream web developers, and (2) the dollar cost of decentralized IPFS web hosting is actually much cheaper than the cost of traditional web hosting. If (1) and (2) are true then it wouldn't make sense economically for this not to see mass adoption, especially if it's got first mover advantage and offers the additional benefit of making the hosted content essentially censorship-proof. (They did say that hashes can be blacklisted by community consensus if they contain immoral content such as child abuse content, but it's uncensorable in the sense that there is no centralized server that can be attacked or blocked by a malicious party or government wanting to restrict access to the content.)

I'm not a developer so my technical understanding of the details may be crude, but I believe this is the gist of how the decentralized hosting is planned to work. The JENGA layer they developed for Shift also plays a part in making this work (it enables the use of traditional "www" URLs with IPFS hosting, so that unlike with Maidsafe or some other platforms that are also attempting decentralized web and file hosting, the Shift platform and Phantom dApp can work without requiring the use of a subdomain URL and without requiring any kind of web browser plugin/extension to be installed by the user - this is obviously really essential to mass adoption and they claim to have solved this problem).

EDIT: Regarding whitepaper, I'm not certain but I believe there is going to be a whitepaper posted with the new website launch. This seems to be the expectation in the Ryver forum

i strongly believe in 2$ in 2017 and then we have to see how good phantom is and how it is adopted in the market

Well structured reply, fellow investor   Speaking of x-times increase in price, what is your investment period for SHIFT?

i think $5

really think or hope`?

Well, the coin has already cost twice as much as it does right now. That's why I believe that it can easily go 2x even if its ideas are not innovative.
Trading volume is very low, though, so maybe it is easy to manipulate the price. As for the idea.. I don't know. Do they, like, want to create their own internet? There's already WWW, darknet and they want to be the third option? They say advertisement will not distract there, but 1) ad block is working fine for me and 2) how they will benefit from their web if not via ads? And they don't  have a whitepaper, which is not very good, I guess.

I am with you. Same Thoughts here and hold this coins too for same reasons. not sure if it will moon, but 5x-10x i am quit sure, so easy money

I entered a significant SHIFT position earlier this quarter at a DCA of $1.05. I did this because I fully believe that it can 5x - 10x over coming months.

The rationale behind the Zencash pump for example was that it was undervalued at less than 10% of its parent project Zcash. Lisk has a $1.1b market cap. Shift is a Lisk clone which is closer to having a real killer app (Phantom for IPFS decentralized web and file hosting) launched than any other project I'm aware of, including Lisk (but admittedly, I don't know a lot about Lisk so I may be missing some critical differentiators). Nonetheless, based on the development progress and head start Shift has had, I do think that Phantom is on pace to retain a first mover advantage for the decentralized hosting niche. If Shift is the first javascript friendly all-in-one dApp platform to actually launch a killer app for adoption in a substantial use case, I don't see why the market cap wouldn't increase to at least 10% of the Lisk market cap. That would put Shift at over $110m which would be 7.3x from the current price.

Obviously I am incentivized to shill Shift because I own it, but I wouldn't have invested when the market cap was already ~$12m if I didn't believe it has a 5x -
 10x potential. I would be really interested however to hear why others may disagree with my reasoning. I am definitely not an expert by any means, it just seems like common sense to me that there are enough pros in terms of development progress, no ICO, platform accessibility with JS support, low present market cap, and already being listed on Bittrex, to make this a pretty likely candidate for whales to get in, sooner or later, especially if the killer app (Phantom) testnet launch occurs on time before the end of December. That is what the new website will be hosted on when it launches before the end of next month: the actual IPFS decentralized hosting dApp in its working beta version.

EDIT: Another factor in my expectations as well, that I forgot to mention, is that Shift's ATH was ~112k satoshis. If the new website is successfully hosted through the prototype of its Phantom dApp, then I'd expect Shift can at least achieve the former ATH. At current btc prices, 112k satoshis would be $9.22 per Shift token or approximately $105m market cap. This is a separate, additional line of reasoning which led me to the same expectation of 5x - 10x. Does this make sense?

About any coin, you can say that it will rise sooner or later, as long as there is a trend and there is movement, then there is hope. But at any time you need to be on your guard.

I expect SHIFT to enter top100 market cap coins next year. It would mean doubling actual price and reaching approximately $50 mil. USD market cap. This is not "x10" coin, but still a great investment for the next year 

Disclaimer: I hodl a decent amount of SHIFT by myself.

They are starting to do some marketing finally, and hopefully it will pay off price wise....don't expect more than 2 bucks a coin though