Argo Blockchain Share Discussion Threads

[brasso3] 13/5/2020 15:58

$10,400 is the key level for BTC to break now.

[mnomis] 13/5/2020 15:57

Plat Hunter now blocked as added less than zero value (usually wrong and limited ability to do analysis). Joins Topaz.
Interesting times for markets - tempted to top up on ARB, but not in a hurry as already big position. Bought a little position in BTC at ~$8.6k other day and do have a S&P500 short ...

[brasso3] 13/5/2020 13:57

If Powell makes any suggestion about negative interest rates gold and BTC will explode.

[garth] 13/5/2020 13:55

Topaz,

time to buy?

G.

[scotty666] 13/5/2020 13:54

Hopefully - especially now a huge amount of miners switched off.

[brasso3] 13/5/2020 13:51

BTC looking strong again. Another attempt at $10k?

[1new guy] 13/5/2020 13:42

Plat Hunter, what people do here is of no business of yours. Time will tell if this nascent Company will do well or not. You remind me of those people who bad mouthed crypto all those years ago and ridiculed bitcoin. Why you seem to have the need to post on this board is beyond me. A very sad, miserable life would be my guess.

[horneblower] 13/5/2020 12:57

garth
The bear rally has taken the Dow to 62% retrenchment.
It is from here that you'd expect it to nosedive...to around 15k.
Fascinating times!

[plat hunter] 13/5/2020 12:39

Of you want to invest in the growth of bitcoin.. buy bitcoin don't buy a loss making company

[hootza616] 13/5/2020 12:38

Topped up another 100k. Got a good feeling about BTC this weekend.

[hootza616] 13/5/2020 12:33

I can't see anything but good news for ARB if BTC stays above $6k.Question is why the share price languishes at this level despite being a money printing machine with greater market share being handed over every day?

[idiot441] 13/5/2020 12:25

Most people will not follow hash rate... so will simply assume btc mined will halve.
Gives potential for positive surprises in monthly figures
As it was... say April 320

May 100 pre halving and 100 post having... total 200 very roughly might have been expected if h/r unchanged

But with actual h/r could be say 230 to 250?

June might have been headed for 160 only... but might be more like 210

Quite big money!! Plus full production on additional machines

[idiot441] 13/5/2020 12:24

Hash rate sharply declining as old machines turned off

[garth] 13/5/2020 12:22

Markets have been staring into the abyss for a couple of weeks, but continue to drift up.

It defies reason. But still they do. They are being supported.

G.

[parob] 13/5/2020 12:16

Looks like BTC is going to have another crack at getting through $10000 soon.

[plat hunter] 13/5/2020 12:04

So are the lemmings here.. This will only end one way

[horneblower] 13/5/2020 11:20

snf
Agreed. Dow staring into the abyss.

[nigerianprince] 13/5/2020 11:17

Low volume today

[suffersnofools] 13/5/2020 07:19

Yes, equity markets are on the precipice - Dow yo 15k initial target. It appears the correlation between crypto's and equities has lessened in recent days though.

[topazfrenzy] 13/5/2020 07:08

Good morning to all those invested here, and in Bitcoin!

Bitcoin and gold are the only hedge in these crazy times, read the main story in The Daily Telegraph regarding tax increases that are coming, pay freezes, and the state of the nation's finances to come, the overwhelming debt that is a tsunami that could lead to a sovereign debt collapse, it will send shivers down your spine

And you can replicate this Armageddon setting across all developed nations unless it is tackled now, which I doubt they will be able to for years to come ..

New all time highs coming this year for Bitcoin, we need to get Chang out of the way here and then see this go where it belongs fast, ie into double figures

[mnomis] 13/5/2020 03:12

@ Plat Hunter - and here I thought BTC would double overnight based on halving as nobody realised it was happening ...
At least we can both agree on 1 thing ... topazfrenzy is on my blocked list

[brasso3] 12/5/2020 22:47

Looks like we could be in for some more downside on the USA markets first...

[suffersnofools] 12/5/2020 22:45

I'm expecting BTC to reach 170k in this next bull cycle based on the log chart....