Long

BTCReal price undervalued(no more bubble!)could not stay<7-8k!

Hi! this is my very first BTC public description.my story began when i wanted to invest and trade in Cryptos. I was so nervous that i could miss the hype of that time 6 months ago and i thought if i would risk now or never why i would not miss this opportunity!(i had heard too that BTC will hit 50k end of the year 2017!!).I had not enough experiences with trading(actually i am a medical doctor and i would pass my exam to be psychiatry specialist then i had to stop to work and prepare for the exam about 6 months!) but i needed to make money (easy?!!). Than i would buy btc with almost all of my reserved money all of sudden to trade btc on bittrex or binance etc and i had it unfortunately on Coinbase and more unfortunate in december 2018! i have bought with price of 17-18k.Then!!! I have received my 1.5 BTC from coinbase a week later with price of 11k!!!!! yes. i had to begin my trading with 40% loss(about 10 K!) and in really bearish market. Since then i have studied whole the time and get the information from all of real people in this market and could get 35% profit with trading to make it know just 15%minus.I have recently had a important meeting with a real miner since 2011 in the market who relieved me and remind me one important thing.The Real Price! Btc is not only a currency like normal paper fiat without any real value! no this is a big mistake of many charters and analysers! This is a chart based on speculative trading prices but we have although for bitcoin really price too like other goods.Now already the costs for one Btc to mining is about 7500 Dollars pro 1 Btc (that is almost with normal miners and cheap power electricity in China, Mongolia etc).The btc was never so close to real cost price like now and if,it have bounced back really strongly after that(this is not a knowledge that is just an experience of a real miner! which one would u take just u could choose).The costs-price was 6 month ago about 2000 for miner and 6000 on platforms(beginning of the real bubble) than it began the rising to 20k(real bubble with about 6-8x more than costs) and the mining process will be always not cheaper at all and i Know in trading markets can be a bubble to 10x higher prices but know the bubble with real costs 4 btc as a product is gone and sometimes could be in stocks undervalued (as bubbles)too .But knowing that is to me was critical momentum about 7.5k. What if btc drop below real cost of mining? it could be as a good sign but somehow this falling pattern is not practical so probable as charts and analysers say why we itnessed never that happen before and each time was near this price bounced back hard but another way could seems frightening (if that happen could it mean the beginning of the end?) What do u think? I Think personally it will happen so that the traders, analysers and normal people would sell. But who will buy then. Really believers, or long term investors. And all of these buyers could sell it under that? no way? or a miner that earned it with real costs with 7-7.5 k? no way! what would than happen? i think all of u that know the rule of demand and supply(Ask-bid) would guess.
but remember would guess. All in all it would be in this world nothing other than Relativity!!!
Have a nice choices, have a nice time and light be with u!
I love u if u give me a like if u read and motivate me to write more if u like it!
Thanx
Dr_shibeh (actually written 17/03/2017)

Dr_shibeh

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