Argo Blockchain Share Discussion Threads

[nico115] 29/1/2021 10:05

SNF "No. It?s a question of nuance. I think tyke has made the mistake that many technicians "And he's calling obc a dog !!You two fallen out ?Meanwhile a really good day Sold some btc at 37500 that I bought at 31kGreat trading asset this Buy in the buy zone and sell in the sell zone Happy days xxx

[suffersnofools] 29/1/2021 10:00

No problem. Highlighting a potential DB is fine. Just spare us the guff about what a DB is. Clear?

[yump] 29/1/2021 09:58

Just to recap the actual likely business results this month: PW said in one of the webcasts that efficiency was 70%+. That's on the existing machines.

There will be a revenue figure which I reckon will be about 2.2mln. (90btc x gbp25K)
However, its the rest that's important to see the fairly amazing net profit levels.

Depreciation was about 3mln at interims, so perhaps 0.5mln for a month.
Overheads about 200K.

Possibly around GBP1mln profit for Jan.
That's a silly final % of revenue.

[suffersnofools] 29/1/2021 09:57

I like to use EW as my 'scaffold' and then I use standard s/r and other indicators to determine levels. EW provides the direction though.

[suffersnofools] 29/1/2021 09:56

No. It's a question of nuance. I think tyke has made the mistake that many technicians make in believing nothing else matters. I don't agree. I'm totally with Tyke on the predictive power of Elliot Wave theory. I've used it for years and it truly is mind boggling once you start to realise how accurate it is. I could write pages about its mathematical grounding in fractals, Fibonacci levels, golden ratios etc but for our purposes, all you need to know is that it works. The 'issue' with EW, and any good EW trader will tell you this, is it's subjectivity. You could get 10 EW Chartists to draw in their count and they would all differ. However, on the larger scales those differences tend to diminish.

[hootza616] 29/1/2021 09:54

And I do hope you regulate the ramping of other stocks like OBC here.

[andyview] 29/1/2021 09:51

looking good today as is btc

gla

[jungmana] 29/1/2021 09:50

Nice jump today. This and TRD are my picks in the sector

[allstars001] 29/1/2021 09:49

ARG and OBC the ones to be in over weekend imo

[aidenabettin] 29/1/2021 09:43

Looks like we have multiple account holders switching accounts.ADVFN need to be regulated

[hootza616] 29/1/2021 09:43

I have a serious question Suffers...Do you subscribe wholeheartedly to the 2Tyke statement that BTC has no outside influences and there are no exceptions to this?

[babbler] 29/1/2021 09:41

Good old Elon musk eh?

[largechablis] 29/1/2021 09:40

What's the price Nico?ROFL90p delusional? What a a fantastic morning - Arb and BTC flying

[scrutable] 29/1/2021 09:39

Next week we can expect the usual montly production report, and/or an update for the half year. It is clearly going to pass previous records fpr cash generation.

It's an exciting day. The price of BTC rocketed past S36,00 then a few minutes later $37,000 just now 'blowing' like a newly penetrated oil well.

[bakedbean] 29/1/2021 09:38

Are ya happy now lol ... are u gonna be a lemming and pick up the mil cheque ;)

[qs99] 29/1/2021 09:38

Quid to disappear shortly it seems. Blue sky from there?

[yump] 29/1/2021 09:37

PP

But you don't understand...

[purplepelmets] 29/1/2021 09:34

Waiting for that funny lad to come along and tell us btc has no external influence again

[yump] 29/1/2021 09:33

ARB stalled here the other day and then dropped back - be surprised if that happened again now.