Argo Blockchain Share Discussion Threads

[roger207] 04/11/2020 18:47

Bitcoin price can suddenly drop

[hootza616] 04/11/2020 17:29

And again the big rises in BTC come when the market is closed!Watch the retrace back below 14k just before opening tomorrow!

[trentendboy] 04/11/2020 16:28

Yep - way above 60p but all possible 20000 not far off - that will see us way above 10p

[hootza616] 04/11/2020 16:21

14k again!Where are the buyers?Last chance!

[fez] 04/11/2020 13:33

Haha...Brasso3 $100K BTC would be lovely....but we're FAR away from that....gotta crack $14K first. (not saying it won't happen mind)

[hootza616] 04/11/2020 12:43

Offered 7.25 for 100kIf this goes to 60p I'll see you all on my new yacht!

[brasso3] 04/11/2020 12:32

At $100k BTC and assuming ARB can still mine 150 BTC per month that is $15m revenue per month. At a 60p share price assuming 300m shares in issue would only be a market cap of £180m. I imagine by the time BTC hits $100k, ARB will probably have $50m in cash/ BTC equivalent. I think $100K BTC translates to a share price way above 60p.

[trentendboy] 04/11/2020 12:12

This is a very simple buy and hold

Not worth doing anything else

Once BTC hits 100,000 this will be 60p at least - propbably over 100

But likely to be TOed before then

Just count the cash

[uapatel] 04/11/2020 10:13

Thanks for the explanation and target share price

I’m also holding for longer term, especially if the view on where BTC might go in the next few years is anywhere near right.

[parob] 04/11/2020 09:58

About 9.5p if you're a trader. I'm holding these for the long term though.hTTps://www.investopedia.com/terms/c/cupandhandle.aspA profit target is determined by measuring the distance between the bottom of the cup and the pattern's breakout level, and extending that distance upward from the breakout. For example, if the distance between the bottom of the cup and handle breakout level is 20 points, a profit target is placed 20 points above the pattern's handle.

[rogerramjett] 04/11/2020 09:56

Hootza. That is the storey of my life.

[uapatel] 04/11/2020 09:47

Parob, where do you think the target share price would be based on a cup and handle graph?

I’m not trading this, as it’s a long term hold, but always interested in what peeps see in the technical analysis.

[parob] 04/11/2020 09:43

About to break out from the cup & handle on the chart.

[hootza616] 04/11/2020 08:23

Came too early!

[purplepelmets] 04/11/2020 00:00

BTC pumping like Ron Jeremy in a nunnery

[hootza616] 03/11/2020 23:21

Not if the common man trusts in Bitcoin! New era is upon us!

[brasso3] 03/11/2020 23:20

$14k!

Can BTC smell a Biden victory?

[kcowe] 03/11/2020 22:28

not deluded then.... both are on the road to ruin for the common man....

[brasso3] 03/11/2020 22:19

Bitcoin will rise whatever happens. Both are socialist, its just Biden will destroy the USD at a faster rate.

[kcowe] 03/11/2020 22:13

Then i can load up big time .... trump to win.

[kcowe] 03/11/2020 22:11

btc 7k lol

[kcowe] 03/11/2020 22:10

if trump wins? what then.....

[brasso3] 03/11/2020 21:51

If Biden wins in the next days I think we can kiss goodbye to $14k BTC. Every tech company with large cash reserves will start holding BTC in treasury.

[orm5] 03/11/2020 21:50

Hopefully an update for October tomorrow. Expecting about 1.2m revenue and about 40% margin

[kcowe] 03/11/2020 21:49

arb .... is going on an insane FOMO run once btc makes a break of 14k.This is going to be monumental .