Argo Blockchain Share Discussion Threads

[crapcrap] 22/1/2021 13:20

oops, sorry forgot nico115,

[crapcrap] 22/1/2021 13:20

2tyke,suffernofools, good to have you both onboard,

[aidenabettin] 22/1/2021 13:18

Not when you know the pot of gold at the end of the rainbow is a Nasdaq listing.We will be on the Nasdaq in 21 imo.

[con90210] 22/1/2021 13:16

Amen to that!

[nico115] 22/1/2021 13:15

You can take a massive bow now It really was a most brilliant callI never thought we would dip below 70p and in all honesty was depressed when we hit 60p!! I am normally fine with the gyrations In my holdings but this morning was definitely an unpleasant time !

[2tyke] 22/1/2021 13:13

SNF is quite correct.
Once btc reaches the top of it's cycle, whatever level that is ...it will almost certainly return to the level it is currently.
Those that hold at that point will lose an absolute fortune.
Don't delude yourself that there is anything whatsoever fundamental or external that supports this.

[crapcrap] 22/1/2021 13:07

don't think i would ever sell my bitcoin. earn a nice 6% and reinvest when low

[2tyke] 22/1/2021 13:06

Thank you nico kind sir.
But, I won't take a bow until this is significantly over 76p....even though i'm now a holder of arb.
Much prefer OBC actually.
Yes, I know it's a bit of a shell. But that doesn't matter to share price

[brasso3] 22/1/2021 13:05

I am holding my BTC until 2024/ 2025. I do not see that its that profitable to sell (top), pay the CGT and then get in again at the bottom. I think I will trade ARB instead around the cycle.

[crapcrap] 22/1/2021 13:02

brasso, then we will be mega rich

[brasso3] 22/1/2021 13:02

I think if we see those high then I doubt we will see it go below $50k on the next cycle.

[suffersnofools] 22/1/2021 13:00

I'm assuming 288k as my top but yes, adjust to fit.....

[brasso3] 22/1/2021 12:57

SNF

Surely the bottom of the next bear cycle depends on the top of this bull cycle? What if overperformance to $288K as per S2F happens?

[suffersnofools] 22/1/2021 12:55

But BTC is so predictable it will be the pension funds that are left holding when we've all bailed end of this year. You'd expect BTC to trade back around 30/40k again bottom of this cycle.

[nico115] 22/1/2021 12:55

2tyk is not my favourite poster ,as you may know, but I have to hold my hands up and say his 60p call in argo was sublime ..very well done indeed ,v impressed

[mciw] 22/1/2021 12:54

Exactly, low hundreds, they have had to sell to expand and keep the lights on during the low btc price period and now have the opportunity to hodl, as per recent interviews, the additional money raised from the placing means they will hodl even more

[2tyke] 22/1/2021 12:46

That's right yump.
Plus most investors don't really get risk and reward and make bets too big because they convince themselves they have a sure fire winner.
Actually, no traded issue is a sure fire winner. They rise into a five wave bubble and then crash.
Same of course with bitcoin. It's well into a 3rd wave now. Can you imagine the monumental crash that will take place when btc completes 5 ? Then consider that at that particular point, more people will actually be buying btc than at any other point....scary !

[brasso3] 22/1/2021 12:44

mciw

'At the end of December, the compan y held 209 BTC in Bitcoin and BTC equivalents'

[trentendboy] 22/1/2021 12:43

The FUD game has passedBear raid overBack to 40,000

[trentendboy] 22/1/2021 12:42

Chip shortage will mean those already in the game like ARB will bank as competition restricted I agree some consolidation might take place Ability to raise funds as ARB just did is key and should squeeze out smaller playersVery well positioned and serious leveraged play on BTC price

[mciw] 22/1/2021 12:42

ARB announce their holdings regularly, it's in the low hundreds at the moment.

[cromw3ll] 22/1/2021 12:39

thanks who removed animation, appreciated

[trentendboy] 22/1/2021 12:37

BTC will be BACK to 40,000ARB back to 120All is good with the worldRelax and HODL

[yump] 22/1/2021 12:26

2tyke

Well there's an agreement ! Lost count of the number of times that I've heard people say that doomsters and critics have lost other people money because of what they could have won. They don't seem to get it when I say that not being invested cannot lose you money, but buying a hyped pile of loss-making rubbish when its already shot up will.