Argo Blockchain Share Discussion Threads

[jumpenjim] 29/4/2020 06:58

Well it looks like btc has had a rest and now on way back up ?

Im just wondering if these arb guys have been hanging back waiting on the turn before

they release the results ??? Bloody hope so

jj

[hootza616] 28/4/2020 09:02

Mike Edwards left at the end of Jan to set up an E-Sports co. See RNS 27th Jan and following holdings RNS in early Feb. There has been constant selling of 2 or 3 lots of 200k shares daily since then, which seems to have relented.

[parsons4] 28/4/2020 08:45

aidenabettin a great post so much better than your rantings over on BIDS !!!!!

[aidenabettin] 28/4/2020 08:19

13 days to go.Bitcoin is about to undergo a halving, which is in effect a supply rate cut in a couple of weeks. It comes at about the same time as the Federal Reserve would be oversupplying their banking system with trillions of US dollars. This could put a bit of a spark under the crypto market as the scarcity of BTC alone could prompt investors to increasingly move their newfound capital into the bitcoin market..BTC the new $

[aidenabettin] 28/4/2020 08:15

hTTps://www.binance.vision/halving

[sunnysideup1] 27/4/2020 17:12

How do you know if was an original investor. Can you give any facts or is this just hearsay?

[hootza616] 27/4/2020 16:10

We had an original investor selling up over the last 3 months. Not sure if he is finished though, plenty of big sells still going through daily.

[sunnysideup1] 27/4/2020 13:45

who is this mystery "big seller"?

[suffersnofools] 27/4/2020 11:32

It's a crazy valuation compared to its peers but I expect that to change now the big seller has cleared.

[lazygun] 27/4/2020 11:25

And of course we have the bitcoin halving coming up in the next 3-5 weeks or so...

Think btc will be volatile over coming sessions..

Argo still seems rather undervalued to me though

L.

[suffersnofools] 27/4/2020 11:19

Arg has slightly outperformed BTC since the mid March lows - BTC 3900 to 7700, Argo 2.7 to 5.8 The key level here is 6.5, the ceiling of the overhead downtrend that has acted as resistance in the downtrend that began in summer 2019. We're also now above the 21ma on the weekly.Significant BTC resistance here around 7750. Above we have targets of 9300 and 10400 but failure could see a retest of the lows of March around 4k. A lot will depend if BTC high correlation with US markets continues as def see them at least retesting March lows

[stoneme] 27/4/2020 10:45

As per usual , it is behind the bullish BTC performance. At BTC above £6k run rate gross margin is c. 10m per annum. What I would like to see is the balance sheet.

[ifthecapfits] 27/4/2020 10:17

Off to the races today. Nice share price action.

[mcfly79] 27/4/2020 08:04

BTC up again.

Halving estimated to be on 11 May, in fourteen days time.

[baz9707] 26/4/2020 20:11

A stock ready to explode I have 10p target, result will be interesting.

[aidenabettin] 26/4/2020 12:22

hTTps://www.binance.vision/halving

[hootza616] 25/4/2020 10:05

https://apple.news/AKYt6vMszTpSVRCDufzlvvgAn Eagle indeed!

[roddyb] 24/4/2020 09:11

“It shall soar like an Eagle”, - good luck chaps

[orm5] 23/4/2020 21:28

Yes Hut 8 have a bit more capacity than Argo, Hut8 have 952 PH compared to Argo's which should shortly be 730 PHI.e. hut 8 have about 30% more mining capacity than Argo, but hut8's market cap is 4x more which on a simple like for like would be about 15p / share for Argo - should be much more upside hear

[blackrolie00] 23/4/2020 21:06

Very Surprised HUT 8 isn't up, it's the market leader in this space at the moment. A good indicator to watch in regards to bitcoin mining.

[orm5] 23/4/2020 19:47

I notice hive blockchain is also up today, but that has circa £60m current market cap compared to about £15m hear

[parsons4] 23/4/2020 18:08

Very exciting day my largest holding (at cost !!!) but looking good.

[scotty666] 23/4/2020 17:02

Halving is only 18 days away so will be interesting to see how things play out

[stoneme] 23/4/2020 16:28

I can see 7-8p before the end of this week here. IFBTC holds the ground it has found, and, as many have now predicted 8k USD is touched.Lest we not forget the last quarter was record for mined BTC + based on an average BTC price materially below were we are now.