Bitcoin China for BITSTAMP:BTCUSD by enky.nakamura ...

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I have updated the values of the bitcoin production cost indicator for the Chinese province of Sichuan (35% of hashrate share) where the cost of electric current does not exceed 1 cent per kilowatt hour. For a miner located in this Chinese province the cost to produce a whole bitcoin does not exceed 4000 dollars, this price falls within the support area of my kama bands on the monthly chart. The monthly Kama average support price levels should remain valid for several months to come, I do not expect the monthly average (slope) to turn bullish or bearish in the short-medium term. I expect this market to remain sideways for several months. Above the Kama average at $7000 bitcoin would return to a strong position. Resistance for this year from $14,000 to $23,000 (price range similar ... Bitcoin isnt a stock and is mostly owned by early adopters that want to make money using trading and they only know how to “pump and dump” . this beaivour make ppl afraid of buying it at those prices and this what got it into the bearish trend we are seeing. ... Enky is 266+ and increasing network difficulty. ... the Bitcoin protocol can ... Eckley Miners’ Village educates the public about the story of anthracite coal mining along with patch towns and their residents through the preservation and exploration of the site and its collection. Eckley Miners’ Village is administered by the Pennsylvania Historical and Museum Commission and is actively supported by the Eckley Miners ... BTC — Bitcoin, the first cryptocurrency, it was supposed to be digital cash, it’s now seen like digital gold since it’s the first, it’s still accepted for payment in some websites, stores ...

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