Argo Blockchain Share Discussion Threads

[aimscam1] 04/3/2024 14:21

70 million of debt imagine the interest payments . Lol total Scam this now .

[qs99] 04/3/2024 14:15

Thanks zydecoco, glad I am not going too mad(der)! then!

All the best
QS99

[amazoner] 04/3/2024 13:57

$120k is doable this year, i guess

[zydecoco] 04/3/2024 13:49

QS99, your numbers and rationale, are in my view, correct.There are quite a few people posting here new, or very late to BTC, who don't understand it at all: Hence their poor posts. Unfortunately several of those are not open to learning too.There are many people who have been posting for years here who do understand BTC and miners much better too though! Hopefully the board will gain some balance as learning increases, from this who are open to learning.

[trad3m3] 04/3/2024 13:42

Btc at 65k, BCH still at $455, when BTC at 120k where BCH? Yum!! Lol GLA!

[qs99] 04/3/2024 13:39

Lots of general negative sentiment, without the figures. I may be wrong, it happens (!) but no-one has countered my post above on numbers.

DYOR

[idriveajag] 04/3/2024 13:29

Sell ARB, buy QBT.

[zydecoco] 04/3/2024 12:55

Some will hold some will sell. It's the same as a Bull Run for direct BTC, some hold, some chicken out, some trade and lose, some trade and win.

[trad3m3] 04/3/2024 12:48

What will happen when ETF's players are 100% in profit? Sell half keep half? Sell all?

[trad3m3] 04/3/2024 12:45

$120k will land them where they are now, how long would it stay at this level?

[truant2tb1] 04/3/2024 12:38

How can Argo overcome the halving issue in mid April?Looks like curtains to me unless BTC is $120k+ and even then Argo aren't HODling BTC

[trad3m3] 04/3/2024 12:17

The quantity of BTC they are mining here especially after the halving is minimal. No proposals of how will they mitigate the halving. Therefore, I can't see much of a prospect here, but that's my point of view, every and each one here needs to make their decision.GLA!!

[zydecoco] 04/3/2024 12:07

This is interesting news:Https://www.zerohedge.com/markets/mystery-whale-has-quietly-accumulated-over-3-billion-bitcoin-15-months

[zydecoco] 04/3/2024 12:04

Remember that:1. Demand by the new BTC ETFs is c.10,000 BTC per day, and Supply of new generated BTC is 900 per day, and will be 450 per day after the Halvening when the reward for successfully mining is halved.And 2. BTC Mining Difficulty is adjusted every 2016 blocks (roughly every 2 weeks) so that blocks are mined every 10 minutes whatever happens.

[trad3m3] 04/3/2024 11:55

You've forgot to mention the halving...

[the big fella] 04/3/2024 11:40

As I posted a while ago their breakeven post halving is cBTC63K. BTC price now above that so those saying it will be bust by the end of April are wide of the mark. This company is not without significant issues, and from the chart above others would appear to be better placed in the sector, but it's not a dead duck yet.
I accept there are no guarantees with the BTC price but many things appear in favour of the bull case atm.

[trad3m3] 04/3/2024 11:10

Yes, however I've got way too many CLSK, and I've studied their RNS's and it looks very appealing to me so "I" must have some of those :) will gobble some nice round number there.

[aimscam1] 04/3/2024 10:31

Massive selling here it's so obvious this is going tank one morning with a bad RNS it's coming sells are telling you . Traders are stuck as well from this morning . You can not sell big amounts online .

[robo21] 04/3/2024 10:16

More mining rigs would help

[qs99] 04/3/2024 10:03

think the Board should give some more guidance on post halving impact, although I am sure they would not have been able to raise any $s in the last raising if those investors thought there was an issue. DYOR

[city chappy] 04/3/2024 09:58

Zydecoco shame you put all your pennies into this doomed heap. The halving is due in April and you will be shafted.

[qs99] 04/3/2024 08:56

Dummy selling and looks like they are offering near 19p on the bid, DYOR, so should see the back of 20p IMO...let's see...DYOR as ever

[broomrigg] 04/3/2024 08:56

Bitcoin smashes 65k......ARB languishing below 20p.

Time for ARB to employ QBT methos B

[jungmana] 04/3/2024 08:40

Good start to the day. Long may it continue :-)

[qs99] 04/3/2024 08:34

idriveajag, IF that costing is correct, I'm not sure it is (see my post above) then at $120k surely it would even by that graph be making nearly $60k profit per BTC mined? DYOR