Argo Blockchain Share Discussion Threads

[hootza616] 20/10/2020 12:00

Considering this is the only play on BTC available in SIPP and ISA I am surprised the volume continues to be so low.Criminal that they removed GBTC from these investment routes, now worth billions, but all gains taxable!

[brasso3] 20/10/2020 11:58

BTC at $20k should mean ARB up to 15p+ IMO.

[trentendboy] 20/10/2020 11:54

One issue is being on the London market

RIOT for example, on Nasdaq, has 10% rises based on BTC moves.

They do hold a lot more BTC on balance sheet but otherwise is a similar set up

If we got serious US buying this would move pretty quickly

BTC is getting closer to the 12,000 and the FOMO ofr corporations is really kicking in now

[trentendboy] 20/10/2020 11:46

I suspect any serious buying will see this fly dramaticallyWill keep buying up more and as whenI suspect the BTC will rise considerably and ARB well positionedQuestion - assuming BRC goes to 20,000 then what price ARB?Will be a multi bagger imo

[fez] 20/10/2020 08:40

Looks like tight mkt in ARB...I struggled to get 40k just now. With all the worries about FIAT currencies, Bitcoin & ARB are only going one way imo

[imnotspartacus] 20/10/2020 08:32

And so is Argo Blockchain!!

[imnotspartacus] 20/10/2020 08:29

Bitcoin flying today!

[sideshowbull] 19/10/2020 19:34

Sorry, don't do candles or 4 hours.

Bar and daily as a min especially with 24 hour mkt.

So can't comment.

But I would not be short BTC ever.


BWTFDIK

[brasso3] 19/10/2020 19:24

BTC looks like a text book move on the 4 hour:-

[brasso3] 19/10/2020 18:55

SSB

A lot of people I follow are expecting big upwards moves on the US markets leading up to and post the US election. I expect there will be a big blow off on the SP500 to around $4000+ early 2021. Could that coincide with a BTC breakout on the monthly chart above $14k?

[sideshowbull] 19/10/2020 18:40

£12189 is first key then obviously new high.

It's going way higher but I assume we all know that..


BWTFDIK

[brasso3] 19/10/2020 18:20

Yes, this will be the fifth attempt at $12k (including one fake out).

Surely it will crack this time?

[hootza616] 19/10/2020 17:02

Good timing there Brasso, BTC making its next attempt at 12k!

[brasso3] 19/10/2020 15:29

October mining must be averaging $11k BTC and $65 ZEC so far.

[brasso3] 19/10/2020 12:36

Topped up at 5.34p

[trentendboy] 18/10/2020 14:28

Predicting this will double in weeksBatC has absorbed some hits and is increasingThis looks very cheap

[trentendboy] 17/10/2020 19:06

Agree Hootza - there is clearly a whale buying on any selling

I suspect a lot of institutions are buying up BTS following MSTR and SQ

Holding both of those and now ARB

All about the energy costs - miners getting it for free in some places - very fast moving but ARB seem decently positioned.

[brasso3] 16/10/2020 19:30

Had a little top up at the bell today.

[hootza616] 16/10/2020 19:29

Picked this quote up that I think says it as good as any..."Price continually grinding up on negative news is a sign of strength in a strong market. In a weak market we'd simply have dumped. Bitmex. Kucoin. Okex... BTC at 11,366. Macro structure bullish... Institutions buying. Being a short term bear is okay. Being a perma bear is not,"

[gspanner] 16/10/2020 12:07

I appreciate down a notch, but lack of sell side volume rather comforting.

[topazfrenzy] 16/10/2020 08:26

Please stop talking rubbish you idiot