Argo Blockchain Share Discussion Threads

[chilly0] 13/3/2020 08:24

Should look at Raoul pal tweet on Bitcoin. He looks forward onto the Future which how you make money. Most peps look in the rearview mirror or see what's happening now. Very wrong approach IMO

[stoneme] 13/3/2020 08:23

Whilst I remain sceptical about the future of BTC, I do think a cold towel moment is necessary this week, which markets have seen their largest swings, for some, in their history.BTC is not the safe haven others would like to believe. ARB will bounce hard today, or next week IMHO

[horneblower] 13/3/2020 08:20

It does both. It tracks BTC, which complies well with TA 'rules'.

[global nomad] 13/3/2020 08:17

chilly and does argo track bitcoin reliably? or TA?

[chilly0] 13/3/2020 08:12

If you are a chartest you will notice there was no support and a lot of white space. It then traded down to top channel trend line before reversing. BTC goes well with TA

[chilly0] 13/3/2020 08:10

100k is very optimistic. 20k then possibly 40k is possible. After that who knows. No one knows

[global nomad] 13/3/2020 08:09

have added to my holding here

[global nomad] 13/3/2020 08:02

make that 21%

[goldenshare888] 13/3/2020 08:02

What is the intrinsic value of Bitcoin if it can lose 48% in a day?

[global nomad] 13/3/2020 08:01

crazy bitcoin price move this morning, up 16% , unreliable to say the least. Hard to see how Botcoin will become a safe haven to rival the dollar or gold in the near term whatever the logic. Don't hold any directly but am invested in argo as a miner.

[hootza616] 13/3/2020 07:22

Agreed Super, but doesn't this mean that the price has to keep rising to higher highs to enable this rinse repeat cycle to continue. You may not agree with it but it's capitalism in its purest form. The weak lose out and the strong get stronger.Only a ton of legislation will enable BTC to become mainstream and relatively stable, which I believe will eventually happen.

[supercity] 13/3/2020 06:16

Monday 8k, Thursday 7.5k - within 24 hours they have managed to drop it to below 4K overnight and currently bounced back to 5k.With such easy manipulation how can bitcoin ever be seen as a genuine alternative.Even the most arrogant of supporters can surely see that these moves are not natural and are being done to rinse the spread-betters with such ease.A long way from the fantasy 100k per coin that I keep reading.

[barnetpeter] 12/3/2020 21:01

Added a few today. Think 2.5p is possible and will buy more on the way down. I see a big bounce soon even if that is a year

[supercity] 12/3/2020 20:51

This is interesting - reading between the lines and they are basically saying the drop today was about making an awful lot of money through liquidation of those with long positions.Why is it so easy to move the price so quickly and by so much.https://www.google.co.uk/amp/s/www.coindesk.com/bitcoins-crash-triggers-over-700m-in-liquidations-on-bitmex%3famp=1

[topazfrenzy] 12/3/2020 20:08

600% gains this summer/autumn after the halving (for Bitcoin, some others will x20)

[horneblower] 12/3/2020 19:25

Delusional, imo.

[chilly0] 12/3/2020 18:40

Whales will not let it go too far down as they have coin there. Most probably using futures to short to depress price and scare the normal hard working joe. They will cover and buy more coin with profits. Rise and repeat

[horneblower] 12/3/2020 18:23

Short term target is now around 4,000 and if that doesn't hold then 1,000 where there is considerable support.

[scottman72] 12/3/2020 16:43

Long term log chart broke down around August 2015 and happily came back.
Don’t be concerned with short term deviations there’s a good reason for this fall and it’s not associated with Bitcoins long term prospects. The big picture remains the same.

[roddyb] 12/3/2020 16:01

LOL - I give up

[topazfrenzy] 12/3/2020 15:58

Buy buy buy buy buy

[john henry] 12/3/2020 14:55

Long term log chart that has been in check since BTC inception has just broken down for the first time.

[supertag] 12/3/2020 13:35

Another top up @ 3.6p.
Let's see what happens...
GLA Supertag

[scotty666] 12/3/2020 13:28

Not really.