Argo Blockchain Share Discussion Threads

[topazfrenzy] 01/5/2020 10:10

"I'm long gold, I'm long bitcoin - we are seeing a monetization of debt like we have never seen in our lifetimes," Novogratz said in a Monday interview with Bloomberg TV. "To me in the long run, that has to make hard assets look better."

Novogratz also said that "this is the time for bitcoin," because it's become a more popular and widely adopted investment in the US and Europe.

"In the last year it has become a macro weapon, and investment choice," he said, adding that in the last month he's seen "hedge funds and high net worth individuals who had never bought it before are buying it."

[topazfrenzy] 01/5/2020 10:09

Anyone with any clout is amassing Bitcoin and gold before Armageddon strikes come October onwards, are you prepared?

This could easily shoot up to £1 very fast if a market doomsday scenario starts to play out

hxxps://markets.businessinsider.com/currencies/news/bitcoin-mike-novogratz-buy-now-coronavirus-pandemic-adoption-us-markets-2020-4-1029086695

[topazfrenzy] 01/5/2020 09:53

Top up time!

[suffersnofools] 01/5/2020 09:05

Would need to get past strong resistance at 6.5p first.The problem remains the wider market. If Dow takes out March lows again, which I expect, hard to see how BTC doesn't go back to 5k given recent correlation.

[topazfrenzy] 01/5/2020 09:02

Chart so clearly pointing to 7.5p, to complete the head in an inverse head and shoulders pattern

[topazfrenzy] 01/5/2020 09:01

Watch Stellar, which I love btw, it seems to be an early indicator of rallies, firing up first amongst the top 20 lately

[suffersnofools] 01/5/2020 08:32

Lol - oh yes it can

[jumpenjim] 01/5/2020 08:26

Hopefully monday after btc goes mental over the weekend

fingers x

jj

[topazfrenzy] 01/5/2020 08:07

April figures next week and we could see this at 8p hopefully

[topazfrenzy] 01/5/2020 08:05

aiden, you can't just suddenly leave us, stay

[topazfrenzy] 01/5/2020 08:04

suffers, it's not going to 5K, grow up!

[aidenabettin] 01/5/2020 07:56

A london listing is still very desirable and with little to no regulation with no questions asked I think ARGO will remain listed. A lot of money is being moved from offshore back into London so any future funding would be unlikely to be an issue.Ok I will leave you all to it and watch for news and movement pre/post halving.11days 6hrs

[suffersnofools] 01/5/2020 07:54

9500 is the level - don't see it breaking out above on this run. I'm still hopeful of another drop towards 5k

[suffersnofools] 01/5/2020 07:52

Absolute nonsense to suggest that BTC could be held back to force a deal.The whales manipulate the price to their own ends for sure, but to suggest this is to remove miners is laughable. the whales want to maximise mining power to secure the network if anything.

[aidenabettin] 01/5/2020 07:49

Yep just like any other financial market. The puritans may say decentralization is what BTC is all about but as a realist its controlled and manipulated.One of the biggest threats is the constant issuing of USDT. The Fed meets Crypto. I put a small amount of BTC away from every trade a just hold it. I keep enough USDT/BUSD at hand to cover any wild swing when I have an open margin position. Bottom line is just to keep accumulating BTC a bit at a time

[suffersnofools] 01/5/2020 07:45

Yes, as the brokers have intimated, Argo being acquired is much more likely than them buying up someone else.

[suffersnofools] 01/5/2020 07:43

Held back? Seriously.

[aidenabettin] 01/5/2020 07:39

Many need a sharp rise in BTC and it may be held back for the very purposes of putting some out of business or open to M&A or Collaboration

[aidenabettin] 01/5/2020 07:38

hTTps://www.coindesk.com/hut-8-the-struggles-of-one-of-canadas-largest-miners

[blackrolie00] 01/5/2020 07:36

HUT is the main indicator for btc miners after going through ARGO's report I am now certain they won't survive alone post halving.

[aidenabettin] 01/5/2020 07:30

Always the possibility that ARGO are a target. Quite impressive set of figures showing good growth with BTC still at a very low value. I see this as the less likely option and think ARGO will grow

[aidenabettin] 01/5/2020 07:18

Hopefully $8k a floor but wild swings are not going away anytime soon. Only way is up substantially mid-term imo.Reading up on the blockchain possibilities for growth similar to Riot ie: Telecoms and Payments.Happy to add a little on any dips

[topazfrenzy] 01/5/2020 07:13

Bitcoin looking very strong, so are some others, time to crack that $10,000 this weekend?

[aidenabettin] 01/5/2020 07:11

Riot partnered with one of the largest operations in the world. Mining will eventually be controlled by only a few operators imo. Are ARGO in the 'plans' to be one of those operators? The london listing certainly helps.Next few news releases will let us know the direction if any they are taking. I see growth opportunities and I'm sure ARGO are well aware of them.#diversify

[suffersnofools] 01/5/2020 07:05

Don't agree. I prefer their strategy. Why partner with less efficient miners?