Quote from: Last of the V8s on May 10, 2019, 11:00:54 AM

Quote from: ssmc2 on December 21, 2018, 02:21:22 PM

So what are Shelby's thoughts on the current price level?

Well I can't exactly keep up with Shelby Thought, but I know he keeps referring back to this chart

Quote from: infofront on August 18, 2018, 08:33:54 PM

The problem as I see it is the extrapolation based on a limited amount of data. We're trying to make predictions based on a cycle that has completed only three times.

A simple alternative, for instance, could be a repeating A-B-C pattern. 3 part patterns are commonly seen across various markets.

Or the pattern could be more complex. Here's another alternative analysis of the (well, a similar set of) data:

Source: https://twitter.com/CryptoKaleo/status/1009156602039971840

afaiu He's bullish for a big surprise surge very soon now. And very bearish on altcoins.

Hmm haven't seen anything recent but his steemit post where he mentioned that chart was followed up with this...

Quote

It should be before June 2010 and at $0.10 which is more evident on Kunal Sens chart from my prior post. Also the $100,000 expected peak price is much too high. My alternative scenario always had it at about $32,000 which agrees with both the declining spread model and the declining percentages in my table below.