I have been Silent for a while as we see the dips month by month, and its seems like the bear market will never end and this time its like the worst has happened 14% dip in the last 24hrs . I believe the end is almost over.
- Base on the Cost of Mining 1 Btc .
Source
China having one of the highest mining rig , and it cost $3,172 to mine 1 Bitcoin . Miners will run at lost if the price of btc should fall another 20% to 30% because we only put into consideration the cost of Electricity which is not the only requirement to mine bitcoin, other factor like miners salaries and maintenance of equipment are not included.
- This is where the Smart Money will come in. I also believe that their has been manipulation in market by the big players to get more cheaper BTC and the current price is cheap enough . The rule of demand and supply will set in soon because only those who are not true believer of this ecosystem will sell off their btc.
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Coins to look into
The First 10 coins in Coinmarkercap looks good and the price is inviting .
EOS at $3.77, Cardano at $0.046209, TRON at $0.013707, Stellar at $0.199171 and one of my favorite coin that is not part of the top 10 coin is Digitex Futures at $0.053442
This Coin are at the best price and they can do 50% profit anytime soon.
Thanks For your time.
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