Falling nicely.No premises by end of the year and massive debt to the bond holders.Lemmings and mushrooms only. |
Double bottom in, imho, a challenge of $69000 next hopefully. Target 12p very soon.
dyor |
Mmmmmmm ! :-) |
Pierced 65k |
Pierced 65k |
Bitcoin through $64k looking interesting for a double bottom being formed on the chart.
dyor |
UP AGAIN - silly wee chung
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Ken Chung - 16 Feb 2024 - 15:07:19 - 33438 of 34464 Arb cannot survive the halving with bitcoin at $52k, equivalent to $26k when the mining reward drops in April.
Sell, sell, sell.
Lemmings and mushrooms only.
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hahahaha |
Jag, a couple of posts ago you wee telling us that ARB was an imminent 5 bagger and now you are saying '..it does not look investable..' at present!
I have heard of 'buyer's remorse', but it does not usually kick in as fast or hard as that. Or do you simply not know whether you are on your head or your heels when it comes to stocks and shares?
It generally pays to do your research and analysis first, and your buying and selling (and your posting) afterwards. |
So are you saying higher BTC whatever drives it, (as nobody can ever prove that anyway) makes ARB interesting? |
US elections. A Trump win, or anticipation of a Trump win, could send bitcoin higher. |
Why then did you post "The bitcoin price is rising.At this rate bitcoin could be $70,000+ this month and $100,000 by November.Makes ARB interesting." |
Bitcoin should go higher due, if nothing more, to the four year halving events limiting supply. However, that does not help miners like ARB, as it cuts their mining reward. MSTR is probably a safer bitcoin play, as they do benefit from the halvings and any upside in the bitcoin price. |
Bitcoin will go higher |
So I agree is does not look investable with bitcoin at $63k unless one thinks bitcoin is going much higher. |
Ok, looks like the market wants the bitcoin price to be higher before supporting a higher Arb share price. |
Only a 5 bagger, Jag?
I am surprised you bother with an imminent 5 bagger when you hold shares in QBT which you assure us is an imminent 100 bagger at least, and probably much more than a 100 bagger.
I didn't see you as the type to scrabble around for pennies in the gutter with mere 5 baggers. |
Armistice capital recently took a 9% stake in ARB and Bitcoin is on the rise, so perhaps. Also MSTR. |
sharetalk - bitcoin is now at $63,696.Arb's share price is about to 5x bag imo. |
Interesting move on the bitcoin price, I am expecting a move through 10p hopefully tomorrow with a little strength. Agree the bitcoin price needs to strengthen to support the arb share price.
dyor |
ARB Looking strong.
Silly wee chung = no death spiral here |
Sharetalk: 'I rarely comment'
That is true. On your QBT thread you do not need to. You have a few followers who routinely post that a huge announcement from QBT is imminent, that it will 100 bag and could do so at any time, certainly before the year end, and make up stories about a 'deal' with Intel on the back of an announcement that QBT has taken on (part time) an ex-employee of Intel who has been out of work for over a year since Intel gave him the heave ho. You seldom comment yourself - you confine yourself to deleting the posts of anyone who expresses the least note of caution, let alone disbelief !! |
Although MSTR are probably a better bitcoin play. |
Bitcoin just smashed $62,000 and is now $63,122. |
All I am saying is that if the bitcoin price goes up then ARB could look more interesting again. |