Argo Blockchain Share Discussion Threads

[broomrigg] 23/3/2024 08:09

Down over 8% yesterday, this is the dog of the crypto sector.

[seedoftongo] 23/3/2024 07:42

ARB uses commodore64 to mine coins .
I think explains the sinking chart .

[ken chung] 23/3/2024 06:46

Sel ARB, sell ARB, sell ARB.Lemmings and mushrooms only.

[one_frankel] 22/3/2024 23:33

Wow I read that FT article Knocker and honestly can't believe how shocking that man Gardin truly is and still continues to play the fiddle on investors but sadly sees no comeuppance whatsoever for being so bloody callous.

[1knocker] 22/3/2024 18:18

If the QBT chart shows you that it is an imminent 100 bagger, pedalcar, why are you worrying about ARB? Just pile all your money into QBT, as you claim to be doing.

Have you been naughtily reading the FT article on QBT, against Sharetalk's instructions, and are now feeling a bit queazy about QBT?

Remember, Sharetalk told you it was a paid for de-ramping article (in the FT LOL), and moderated from his BB all posts containing links to the text of it. He did that for your own good, you know, so that your weekend would not be spoilt.

[idriveajag] 22/3/2024 14:31

The chart looks dreadful. ARB 5p next month at this rate.

[1knocker] 22/3/2024 09:47

The Chief Financial Officer and a VP of Riot have sold a load of its stock.
Be careful, lads and lasses.

[one_frankel] 21/3/2024 17:31

Does anyone recall back in 2021 when good old Jerome Powell was stating inflation was just transitory and really not that concerning to the wider market but then realised soon after that inflation had been brewing for the last two decades due to all their ridiculous QE policies of the past and with a lack of any real foresight to what it would cause in future!

...Now the goons of the federal reserve are stating no less than three rate cuts later this year because they're of the opinion that two consecutive months of rising inflation is not that compelling for them to re-evaluate their cost cutting measures but I wonder if its 'Deja Vu' all over again folks because the sc_um US really do like to get ahead of themselves but at the behest of the truly incompetent Powell who should really take early retirement as he's just not fit for purpose!

[zydecoco] 21/3/2024 10:20

Ivan, sometimes, sometimes not.Like any business and its shares, its value and its perceived value, depends on many factors.All BTC Miners are not a direct proxy for BTC, but the fortunes of BTC do have a strong influence on them.

[1knocker] 21/3/2024 09:36

ivan, if you are asking questions like that, ARB is not a share you should even be thinking about investing in.

[ivan danko] 20/3/2024 22:56

Can i ask...so.ARB shoots when crypto shoots?

[zydecoco] 20/3/2024 21:23

ARBK up 17% at close of US trading

[r9505571] 20/3/2024 20:38

Market Summary > Bitcoin52,747.33GBP+4,073.58 (8.37%)today

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[1knocker] 20/3/2024 14:32

I am talking about the BTC price movements, not the external factors.

Gosh! Anyone might think i have been reincarnated as 2Tyke!

[one_frankel] 20/3/2024 14:15

The market dynamics for all things cryptos are very different this time round to what has occurred during past halving events with the long awaited ETF approval and significant institutional involvement so I don't understand why you state 2024 is pretty much in-line with the 2016 & 2020 movements Knocker because from what I can see they're certainly not.

[1knocker] 20/3/2024 10:32

Look at the BTC price movements around the last couple of halvings.
It didn't make an ATH ahead of either, and did not get moving until many months afterwards. So far, BTC 2024 is pretty much in line with the 1016 and 2020 movements.

Some say BTC has a predictable patten, but I am not convinced by any of the valuation models, save tht it is generally does not do well when big tech is not doing well.

As for ARB, I feel no inclination to get back in now, though it is below the price at which I sold out the last of my holding. If BTC follows the 2016 and 2020 pattens, ARB is going to be in trouble when the cost of mining doubles next month because its balance sheet is not strong enough to wait long for the BTC price to rise. It is dependent upon making a trading profit on mining and selling BTC.

Others take a different view I know, and i certainly have no crypto crystal ball, but while I am happy to ride the roller coaster with BTC I feel a whole lot happier being out of the miners (and especially ARB at present.

Sorry to be so gloomy, but that is how I see it and, more importantly, how i am playing it. Time will tell whether I have got it plaited or not.

[ken chung] 20/3/2024 06:54

Bitcoin fallen to $61,890, equivalent to $30,945 after the halving next month.ARB go bust at that level?Lemmings and mushrooms only.

[ken chung] 19/3/2024 18:38

Bitcoin crashed to sub $8k briefly yesterday evening. Sub $60k, then low $50k's coming:Https://www.thestreet.com/crypto/markets/bitcoin-price-crashes-to-8900-following-55-million-orders ARB go bust at that level, equivalent to $25k to $30k after the halving next month?

[ken chung] 19/3/2024 16:04

Dung share status.

Lemmings and mushrooms only.

[one_frankel] 19/3/2024 15:00

Thanks Zyd, a far reasonable forecast buddy rather than all the tall expectations of others with going to the moon so to speak!

[one_frankel] 19/3/2024 14:57

Its a difficult one to envisage Knocker especially when the US have such an affiliation for it and it takes a very brave man to go against the sc_um US buddy but by all respects, the much anticipated halving must be priced for action now and the USs economy is starting to falter..finally!

[topazfrenzy] 19/3/2024 09:29

I doubt ARB will be even worth 1p in a year with all the debt and terrible mismanagement of the entire operation

[enewman36] 19/3/2024 08:39

Bitcoin goes up ARB is flat, BTC goes down ARB IS SMASHED, couldn't make it up