Argo Blockchain Share Discussion Threads

[garth] 29/4/2020 12:51

amazoner,

there is a bio/pharma bubble inflating. That isnt happening with BTC, although it is on the rise.

That said, I hold and have done for some time. I believe BTC will revisit much higher levels at some point in the future. It is on the climb. But a 10 bagger this quarter? I dont think so.

G.

[topazfrenzy] 29/4/2020 12:46

Also, there is a lack of transparency regarding where the BTC's they are mining are actually going and for how much etc etc ...

I want to see the inventory

and these were final year results, not just an update ... they are amateurs really

[topazfrenzy] 29/4/2020 12:43

suffers, yes I sold on the spike and also earlier this week around 6p before results, not happy with their forward strategy today, or lack of, shareholders need to be rewarded, otherwise just hold cryptos directly

I'll buy back if it falls back 30% or if Bitcoin starts going berzerk, let's see what happens

I think the management team are a bit amateurish in fact, no vision as to how you reward investors, even storing some BTC to sell in a year's time would be a good strategy imo, instead of letting them go at these prices ...

[amazoner] 29/4/2020 12:17

HEMO has moved from 1p to 15p very quickly

can ARB move from 3p to 45p this Q

[aidenabettin] 29/4/2020 11:18

BTC goes through $8000

[amazoner] 29/4/2020 10:41

Questions please:
How much additional investment will be required to maintain their superior capability?

When will ARB get back all of the initial investment? or it will be redistributed as dividend?

[suffersnofools] 29/4/2020 10:17

Only if you're a trader RoddyB. If you believe in BTC and the business Argo are building, 2p, 5p or 10p is just going to be a rounding error in years to come.

[yump] 29/4/2020 10:09

Part of the 'insurance' against temporary income loss as a result of halving is presumably keeping hold of cash, not distributing it. You don't part with cash if you know your income might drop for a few months.

[aidenabettin] 29/4/2020 09:39

hTTps://investorplace.com/2020/02/crowdfunding-tokenization-private-investing-revolution-venture/

[roddyb] 29/4/2020 09:38

- "and it soars like [Eddie the} Eagle!"

Casino share - timing is everything.

[suffersnofools] 29/4/2020 09:34

Parsons4 - devaluation of fiat through endless stimulus is covered in this article.It's '08 again but on a bigger scale https://www.google.co.uk/amp/s/www.forbes.com/sites/lukefitzpatrick/2020/04/27/bitcoin-halving-a-new-class-of-bitcoin-millionaires-may-emerge/amp/

[parsons4] 29/4/2020 09:28

The main point surely is that providing BTC doesn't collapse these shares are cheap. The USA run by the biggest megla-maniac ever is in denial about Coronavirus, Governments are printing money like there is no tomorrow and BTC has a limited supply.
In fact when all 21million coins are mined at say $8000 each the total value is $168 Billion. This is a small fraction of ones years deficit in the Great US of A. One day the market will wake up to the fact that BTC is here for ever. All IMHO of course !!!

[k1ngkonggb] 29/4/2020 09:13

Top, have to agree with your last comment. Immediately after halving, btc price will mini tank then after 6 months plus then it will start to rise and probably very strong.

[suffersnofools] 29/4/2020 09:12

Was that dip you selling out topafrenzy?

[suffersnofools] 29/4/2020 09:11

Yes that's right but then mining difficulty falls as miners get taken out of the market. Just look at the price patterns after the last two halvings.

[aidenabettin] 29/4/2020 08:48

But no dilutive placing/printing like stocks and the FED.Watching BTC closely for volume increase.476M/24hrs is still relatively low.It hit 1B recently

[aidenabettin] 29/4/2020 08:46

If it doesn't double they will be losing 50% of income just for doing the same amount of work.Many will go out of business as I dont see BTC doubling immediately ie 1/2 months.But you never know given how much cash has been printed in the US.BTC will definitely replace oil as safe storage and at some point will be equal or better than Gold.Oil and Gold will be tokenised in the near future imo

[topazfrenzy] 29/4/2020 08:44

There will be a BTC dump before halving, just be warned, the time to buy will be after that imo

[jumpenjim] 29/4/2020 08:39

Poor reaction to results

would have expected at least a small rise bearing in mind this was at 12p

still dept free in june might see a decent reaction then !

jj

[blueblood] 29/4/2020 08:38

Stupid drop. Take advantage great results today!

[suffersnofools] 29/4/2020 08:37

LolIf only