Argo Blockchain Share Discussion Threads

[chilly0] 20/3/2020 14:54

Yes, I think Dollar will need to sell off. BTC has been selling with stock market, gold and silver. I expect another flush which should also take down BTC. If BTC decouples from those mention above then that would be a buy some signal. They could push s&p to 3k level before reversal

[hootza616] 20/3/2020 12:37

The market bottom will come when martial law is enacted in the USA.Is BTC rising, or is the dollar and all other fiat crashing?Imagine all the unemployed in US when every bar, club, restaurant is closed for 3 months. 1000 dollar checks will not save them from themselves?

[barnetpeter] 20/3/2020 12:09

Chilly...I agree with that. Governments will be in such huge debt. It will lead to a recession of monster proportions.

Will debt be "cancelled"?


I said this was a bargain yesterday. I filled my boots....

[chilly0] 20/3/2020 12:08

It's not the bottom. Been warned. Mr buffet will hold on the way down. Most investors will sell as fear will grip them

[chilly0] 20/3/2020 11:44

I think the majority will be very shocked what this world will look like once this saga has come full circle. There really are a lot of forces being played out. Please remember these words _ anything can happen_

[stoneme] 20/3/2020 11:20

I wish you luck with that prediction and will congratulate your for the millions you make if it is achieved .For me - I would have taken my money off the table before it happens and never look back in anger haha

[topazfrenzy] 20/3/2020 11:14

£1 in 2021

[plat hunter] 20/3/2020 10:29

50p ha ha ha ha Are you mental?

[topazfrenzy] 20/3/2020 10:28

Stone, I do not gloat ...

This is going to 50p this year ... THIS IS ALL YOU NEED TO KNOW

[topazfrenzy] 20/3/2020 10:27

Meanwhile ... in the real world .. our army of mining machines is gobbling up those beautiful Bitcoins .. MUNCH MUNCH MUNCH .... YUM YUM YUM YUM

BUY BUY BUY

[plat hunter] 20/3/2020 09:32

Topaz...I'm here for the dump not the pump.. Have you seen how much I made in foxtons.

[stoneme] 20/3/2020 09:15

Topa. With respect. You often are too. I've punted hard here based on my belief it is oversold and will bounce. I will be taking my cash at the first sign of weakness. This was a scramming sell from 10p, with some excellent trading opportunities during the decline. As yourself - how much have you made from ARB before you gloat or goad others.

[hootza616] 20/3/2020 08:34

The global economy is heading back to the 70s in terms of disposable income. Businesses will need to scale back 50 years to cope. No cheap travel, no cheap food, no cheap clothes, no cheap cars.Mass unemployment, cheap labour, poverty and unrest.Unless you invest now in bitcoin you will be buying yourself a sewing machine, a bus pass and if you are American, another gun!Never has GLA been more poignant!This is the last hope!

[topazfrenzy] 20/3/2020 08:12

Poor Plat, always on the wrong side of a good trade, the sad thing that he is, back to your trailer park in Scotland you tight clueless numpty

[lithological heterogeneities] 20/3/2020 06:30

GREAT NEWS FOR ALL INVESTORS TODAY !

Billionaires,including Warren Buffet,have called this the bottom and are now buying !

19 Mar 20
The Dow Is Rallying as Warren Buffett Buys the Stock Market Dip

[parsons4] 20/3/2020 06:28

Good post market...… Looking good for the next 3 months particularly gla

[marketanalyst1] 20/3/2020 02:12

Today’s edition of the Independent sums-up events pretty well;

• “Bitcoin’s recovery saw it return above $6,000 on Thursday, having briefly traded as low as $4,000 a few days earlier.”

• “Other major cryptocurrencies, including ether, XRP and bitcoin cash, also saw significant price rises as investors returned capital into digital assets.”

• “Bitcoin’s crash was a knock-on effect of the stock market collapse, as panicked investors sold any assets they had for cash, so they could pay off urgent debts to their broker,” cryptocurrency expert and author Glen Goodman told The Independent.”

• “There has not been an economic downturn of this magnitude since the 2008 financial crisis and some central banks are already considering similarly drastic measures in order to prevent complete collapse.”

• “The Reserve Bank of Australia and the European Central Bank are reportedly considering emergency monetary policies, including quantitative easing. This would see the banks artificially increase the money supply by essentially printing new money.”

• “The finite supply of bitcoin – no more than 21 million will ever exist – has led some investors to consider it a so-called safe-haven asset, similar to gold.”

• “For the longer term, investors are now starting to worry about central banks cranking up the money printing machines,” Mr Goodman said. ”This could send investors to assets that can’t be endlessly printed, like gold and bitcoin.”

[barnetpeter] 19/3/2020 23:04

Added more today. Anywhere in the 2p plus level is an excellent punt. People were paying 7 plus a couple of weeks ago. BTC will soon recover

[horneblower] 19/3/2020 21:44

You're a complete hoot. Hootza.
We don't have that many hoot dinners these days.
Bring it on.

[hootza616] 19/3/2020 20:05

10 year chart?This is a complete reset of the capitalist agenda.This time will be looked upon as the BC and AD of our generation.

[horneblower] 19/3/2020 19:49

Just bear in mind that the 10 year chart of bitcoin is not unequivocally positive right now.
It might happen, but there are plenty of chartists predicting it will go a lot lower.

[chilly0] 19/3/2020 19:09

Yes, always the same in crisis selling. Gold and silver will go down same as BTC. When there is fear people will sell everything. When there is a genuine recovery, gold, silver, and BTC will rise. We have lower to go. Covid 19 positive test numbers in US may be that catalyst

[marketanalyst1] 19/3/2020 17:59

Plat Hunter, I've been invested in ARGO for a while.

The forthcoming events (BTC 'halvening' and QE) are key inflection points for the company, not the last decade.

Thus, investors taking positions now need only focus on these two events which will shape the next phase of BTC and, subsequently, the inherent investment case in ARGO going forward.

And alongside all that, the company is firing on all cylinders; revenues are uber-solid and profits are impressively healthy.

Thus, what's not to like?

Plat Hunter, I don't know about you, but I know where I would want to be investing my hard-earned cash in the current market; in a stock that is not impacted by COVID-19 but that significantly benefits from the cheap gas prices (cheap electricity) and a strengthening BTC.

ATB