Argo Blockchain Share Discussion Threads

[nigerianprince] 09/11/2020 00:58

Look at all the Noobs in here. Hahah!

[suffersnofools] 08/11/2020 18:55

Your upper channel bound level is wrong but in essence I've been watching the same channel myself. I have a close above confirmed on my chart. I thought we might come back to retest as support but I think the second Rns on Thursday changed the game here - so more likely a clean breakaway.All good either way :)

[sideshowbull] 08/11/2020 18:50

Good luck.

[brasso3] 08/11/2020 17:30

$15.6k!

BTC loves Sundays!

[suffersnofools] 08/11/2020 17:03

Tern is a sack of sh1t.

[brasso3] 08/11/2020 17:01

Its just simple supply and demand.

Throw in the fear of inflation and crazy money printing and you have a perfect storm.

[gspanner] 08/11/2020 16:53

From $15400; 39weeks from here with ave 5% appreciation/week. May have a look at that over the next few.

[gspanner] 08/11/2020 16:49

When you put up that graph with the logatithmic scales it doesn’t look like that much of a push to get to $100k Brasso.

[sweepie2] 08/11/2020 16:46

Tern to rocket tomorrow as their 100% owned company Wyld starts to sign resellers for their covid tracker management solution

Wyld signs agreement with Ascom. Ascom to distribute the Wyld portfolio as part of an IT solution to their customers. We look forward to launching the partnership in the next few weeks. Ascom is a global solutions provider focused on healthcare ICT and mobile workflow solutions.

Ascom is a global solutions provider focused on healthcare ICT and mobile workflow solutions. The vision of Ascom is to close digital information gaps allowing for the best possible decisions - anytime and anywhere. Ascom’s mission is to provide mission-critical, real-time solutions for highly mobile, ad hoc, and time-sensitive environments. Ascom uses its unique product and solutions portfolio and software architecture capabilities to devise integration and mobilization solutions that provide truly smooth, complete and efficient workflows for healthcare as well as for industry and retail sectors.
Ascom is headquartered in Baar (Switzerland), has operating businesses in 18 countries and employs around 1,300 people worldwide. Ascom registered shares (ASCN) are listed on the SIX Swiss Exchange in Zurich.

[geheimnis2] 08/11/2020 16:16

Wow! Just a thought?

[brasso3] 08/11/2020 16:06

If you believe in the stock to flow model from Plan B then it makes no sense to trade this. BTC is going to $100k in 2021 and all I have to do is sit back to 10 bag on ARB.

[suffersnofools] 08/11/2020 14:42

A lot of people are going to get caught wrong side of the market when there is no significant BTC pullback before new ATH. The FOMO scramble will be fun to watch!

[trentendboy] 08/11/2020 13:55

Very impressive recovery - short attack with algo training dragged it down but there is still massive institutional buying that will keep pushing it up.

With MSTR being already 200million up on their purchases the corporate FOMO is massive.

It is interesting to track Bitmain sales - ARB, RIOT and MARA are really buying them up with very strong low energy costs North American locations. If China falls off a cliff following the end of the rainy season it really looks like these companies are very well positioned.

ARBs move to work the Celsius and the new hosting company really derisks as they get multiple sites and funding sources.

[hootza616] 08/11/2020 13:52

Yes agreed, and shows this is a considered rise based in sound fundamentals and not a bubble.

[brasso3] 08/11/2020 13:25

The volume is small as the buying is from big players who are not trading it. In 2017 the volume was driven by retail trading. People were not hodling so much back.

[hootza616] 08/11/2020 11:44

When comparing this run up to other previous, such as November 2017 the volume traded today is tiny by comparison. Anyone care to suggest a reason?It does concern me that such large swings are possible with so small a volume.

[brasso3] 08/11/2020 10:54

The dump down to $14.4k has already hit heavy buying and now back to $15.2k.

[brasso3] 08/11/2020 10:09

BTC often has a little rally on Sunday nights. At these levels there is way too much risk of getting locked out and chasing it higher. Biden getting elected as president will only push BTC (and gold/ silver) higher now.

[suffersnofools] 08/11/2020 09:33

If you're lucky you might get a pullback to around 7.2p If we retest the breakout level but given the wide spread not a good strategy IMO.Best scenario for ARB is a nice consolidation in BTC as I believe we should be nearer 20p relative to 15k, but I think we'll see 30k+ by year end given Nov/Dec is typically strong for crypto.

[brasso3] 08/11/2020 08:52

Grayscale bought 16,000 new BTC last week. The average mining rate per week at present is about 6,000 BTC. There is way too much demand now at these levels for a drop back to $12k. Grayscale do not choose to buy BTC, they are forced to buy it when new investors enter their trust.

Cryptocurrency firm Grayscale just posted a record week with a $215M inflow

[brasso3] 08/11/2020 08:29

topazfrenzy

Graysacale bought more than twice the amount of BTC last week of that which was mined. There is no BTC available at present. Any drops will be bought into.