Argo Blockchain Share Discussion Threads

[topazfrenzy] 24/7/2019 09:57

Grabbed more today, this ramp up in mining will make this a must have come the autumn imo

[ragnarr] 24/7/2019 09:21

We got you first time :-)

[topazfrenzy] 24/7/2019 08:50

Alt season coming, if you are into cryptos, Bitcoin will maybe drift until the autumn

[tsmith2] 24/7/2019 08:47

Bitcoin smashed?

[topazfrenzy] 24/7/2019 08:46

Bids and Offers are actually at exactly the same price at this exact time!!

[1new guy] 23/7/2019 20:53

I'm new to all this but up to 600k holding since November and expect good progress by year end. The Market, FTSE, does not declare buy or sell info. Mid-cap or above is usually seen as buys, below sells. Hence the price variation regardless of red or blue. Hope this helps. My belief is that it's necessary to protect market makers. ARB's lot are rubbish tho. I think the new Non- exec is on board to improve the price via better market making effort.

[1new guy] 23/7/2019 20:53

I'm new to all this but up to 600k holding since November and expect good progress by year end. The Market, FTSE, does not declare buy or sell info. Mid-cap or above is usually seen as buys, below sells. Hence the price variation regardless of red or blue. Hope this helps. My belief is that it's necessary to protect market makers. ARB's lot are rubbish tho. I think the new Non- exec is on board to improve the price via better market making effort.

[1new guy] 23/7/2019 20:52

I'm new to all this but up to 600k holding since November and expect good progress by year end. The Market, FTSE, does not declare buy or sell info. Mid-cap or above is usually seen as buys, below sells. Hence the price variation regardless of red or blue. Hope this helps. My belief is that it's necessary to protect market makers. ARB's lot are rubbish tho. I think the new Non- exec is on board to improve the price via better market making effort.

[liveit2] 23/7/2019 16:38

adejuk, don't go with what is shown for this one - most buys have gone through as sales and vice versa - the spread shown is quite high, but the actual spread is quite small -

[adejuk] 23/7/2019 16:29

the market doesn't agree with the ramping here
though it's interesting that my 20k just now shows as a sell
more or less the same price as all the other reported sells
go figure

[hootza616] 23/7/2019 12:38

150k for me!Bargain!

[ragnarr] 23/7/2019 12:28

yep - just took another 100k - mad, stupid or genius - we shall see-:)

[topazfrenzy] 23/7/2019 12:24

Bargain hunting territory here ... great opportunity

[stoneme] 23/7/2019 09:37

That's right - Although I asked earlier, what proportion was paid from bitcoins. . It matters. The negative is the ROI calculations were based on a much higher price.

[roddyb] 23/7/2019 08:56

Our timing in paying BTC for our mining machines last month was very lucky? I assume ARB bought the new kit with cash and BTC when BTC was circa $12k?

End of August it should be installed in Québec, running off HEP current at pennies per kWh- we must be sitting pretty on that hardware investment?

[hootza616] 23/7/2019 08:34

Hard, actual Bitcoin?Really?I don't see what is new here. All trades I have made in crypto have been paid out in whatever coin I have traded and then have to be transferred to BTC or ETH.The hardest thing is turning it into cold hard cash and withdrawing it!

[ragnarr] 22/7/2019 23:17

Analyst: Bakkt Could be a Huge Catalyst for Bitcoin; Is a Price Surge Inbound?Despite facing multiple long delays, the highly anticipated Bakkt Bitcoin futures platform has finally began testing, and many analysts are now noting that the release of this platform could greatly enhance BTC and the overall crypto markets.Importantly, one analyst group is now noting that the official launch of this platform could be a "huge catalyst" for Bitcoin and the aggregated crypto markets, which could ultimately help provide some stability to the highly volatile markets.Bakkt Begins Official Testing of Bitcoin Futures Platform After Six Months of Delays Although Bakkt has been delayed on several occasions, it does appear that the platform is rapidly coming to fruition, which could be a very positive thing for the markets.The key to the Bakkt platform that makes it more advantageous to the markets than other futures platforms is that all trades are physically settled with Bitcoin, which means that all profitable trades are paid out with actual Bitcoin, rather than a sum of cash that is equivalent to the value of the BTC."Bakkt begins testing on Monday. The hype is bakkt with substance though. Unlike other futures exchanges, this is settled in bitcoin. Hard, actual bitcoin is paid out, not fiat equivalent to the price of bitcoin. The result is better price discovery and liquidity for bitcoin," Rhythm Trader, a popular crypto analyst, explained in a recent tweet.Bakkt begins testing on Monday.The hype is bakkt with substance though.Unlike other futures exchanges, this is settled in bitcoin.Hard, actual bitcoin is paid out, not fiat equivalent to the price of bitcoin.The result is better price discovery and liquidity for bitcoin.Importantly, while keeping this key factor in mind, it is clear that Bakkt – should it be met with great popularity – could provide a significant amount of benefits to the nascent markets.Sam Doctor, a strategist at Fundstrat Global Advisors, recently spoke about the platform in a recent tweet, explaining that he believes it could be a "huge catalyst" for the crypto markets in the near-future

[ragnarr] 22/7/2019 10:15

They know the figures :-)

[topazfrenzy] 22/7/2019 09:43

Someone will take it out before long probably, at a huge premium.

[fidra] 22/7/2019 09:32

They have a fair few already.so interesting that they are still adding.

[topazfrenzy] 22/7/2019 09:23

Yep, it's definitely a good sign.

[ragnarr] 22/7/2019 09:06

Good sign to see the confidence of Directors:-)

[suffersnofools] 21/7/2019 13:20

I'm hoping to get another chance to buy BTC around the 21ema approx 8500 - this i think would be a good bottom of the correction from 13800 of approx 40pc.Given the statement below from the June results, that BTC at 8500 gave a 50% increase to earlier guidance in May, essentially anything above that level will allow Argo to beat market forecasts in their results. Even better we might get an announcement to that effect prior to then to give the share price a shot in the arm "The cryptomining services firm said it expects to generate the equivalent of 420 bitcoin worth of crypto assets in its balance sheet by the end of the second quarter of 2019. Given the May 31 price of USD8,575 per bitcoin, this would be worth around GBP2.9 million.The GBP2.9 million figure is 57% higher than the previous estimate of GBP1.8 million and results from a sharp rise in cryptocurrency prices of around 49% as well as higher production from Argo's new and existing equipment, the company said."

[ragnarr] 20/7/2019 23:23

crypto markets have seen another upward move, with all top 20 coins by market cap seeing major gains, while Bitcoin (BTC) has approached $11,000After dipping below the $11,000 threshold on July 14, Bitcoin has approached the price point today, with its intraday high of $10,944, according to data from CoinMarketCap. The biggest cryptocurrency added 3.7% to its price to trade at $10,922 at press time. As Bitcoin has seen significant volatility this week, with its price having dipped below $9,500, the cryptocurrency is down around 3% over the past 7 days at press time.Ether (ETH), the second cryptocurrency by market cap, is up over 5% and trading at $232 at press time. The top altcoin is down 13.4% over the past 7 days.Ripple (XRP), the third top cryptocurrency by market cap, added 6.4% to trade at $0.339, also seeing a notable growth over the past 7 days, adding up to about 2.6%.Bitcoin SV (BSV), the ninth top cryptocurrency by market cap, has added over 25% to its value today, seeing the biggest growth among the top 20 coins by market cap.As of press time, total market capitalization amounts to $298 billion after that number dropped below $250 billion earlier this week. Daily trade volume amounts to around $63 billion.The new wave of green on crypto markets follows a recent bullish prediction by managing director and quant strategist at Fundstrat Global Advisors Sam Doctor, who suggested that much-anticipated Bakkt's Bitcoin futures contracts will launch in Q3 2019.Additionally, India's Minister of State for Finance Anurag Thakur said yesterday that there is no legislation in India that expressly bans citizens from using cryptocurrencies.

[reachforthestars] 19/7/2019 15:28

Hi. Thanks 441. Yes I'm aware of that. Though I don't have a smartphone myself. lol. My question was how do they get the crypto into the wallet. Employer sends it to their bitcoin address (wallet) or bitcoin atm - load with paper money then scan with smartphone to send it to wallet. I'd get a smartphone tomorrow if there was a quick and easy way to purchase BTC into wallet without giving my banking details. If I know how they can get it without a bank account it presents a bigger opportunity for investing as like you say millions more have smartphones than bank accounts and that's the really big picture here and why BTC could do very well.