Argo Blockchain Share Discussion Threads

[brasso3] 03/12/2020 19:07

2020 is just the warm up period for BTC. 2021 is when the fireworks kick-off.

[rogerramjett] 03/12/2020 18:53

Bandflex. You need to not look at the number of coins mined and focus on the margin. ARB will be looking for the most economical way to mine more coins but investors must see that as BTC rises the margin grows exponentially. Adding more machines may even improve efficiency if they have a greater hashrate and use the same energy. Effectively mining more coins with less power.

Perfect storm brewing for ARB. Increase in hashrate from Feb, BTC price increasing, greater revenue and possibly greater margin.

Why ARB is not a £100m MCap is beyond me.

[yankeekraut] 03/12/2020 18:20

PW videos were excellent; I like it that ARGO seem to have a thought out strategy and are sticking with it (not looking to increase hash rate, just for the sake of doing so; steadily increase hast rate when the rigs are readily available, at the right price... They are still not committed to a secondary listing, which is fine. I think their (our) largest shareholder will be the one who decides if, and when....and where.
Asset mgmt. strategy also seems sound. The last 4 weeks have been convincing. Keep it up ARGO !

[suffersnofools] 03/12/2020 17:47

Gspanner, the level is irrelevant to me though, 18k, 20k, 50k. My point is that historically BTC price action gives regular 30pc pullbacks followed by 150pc rallies. It has done this since inception in 2008, consistently for 12 years. This is fantastic as a trader because you just wait for the pullback as your entry point. Until I see some evidence to suggest this pattern has changed why would it? Both whales and institutions are in the BTC accumulation phase, so they want to buy as cheaply as possible. As it suits their agenda to have large pullbacks and they pull the stings on the CME I just don't get why anyone expects that to change?

[gspanner] 03/12/2020 16:36

Or perhaps not....very skittish, vols not there currently.

My theory from yesterday:

SNF not so sure about the btc pullback (though always a possibility, manage your bets!).

Comparing this rally with last one price went above 18k and back below within 4 days. This has lasted much longer, dipped below 18k and returned now consolidating. Whales selling but into hands of institutions who hold (rather than selling back to them cheaper). Think there will be a break above 20k when the whales catch on and buy back as much as they can over next few days and as it rises will pullback but not nearly as large as last rally (for reasons stated above).

[gspanner] 03/12/2020 16:20

I think that’s a smack then

[gspanner] 03/12/2020 16:07

So melt up or smack down, place your bets!

[brasso3] 03/12/2020 16:05

Here we go...

[brasso3] 03/12/2020 15:02

Argo
@ArgoBlockchain
·
2m
Here’s video #2!
@PeterGWall
answers questions about:

Wallets for SHs, the crypto Peter holds, alt-coins, the life of a rig, buying vs leasing, and more.

Questions from
@crooky1967
@Sausagedog19
@SSuades
@BlueDol75102906
@dougal16834378

[brasso3] 03/12/2020 14:27

I would say that the ZEC halving has had a big impact on the November figures. As I said earlier I expect ZEC to have a good run now in December/ January.

'When the first Zcash halving occurs, the Zcash block reward will drop from 6.25 ZEC to 3.125 ZEC'

[brasso3] 03/12/2020 14:18

Yes I think PW will want this listing too as he is already well in the money on his shares/ options. At present there is no rush and I would rather they are fully focused on getting the new miners online and keeping an eye on margins.

A TSX listing in Q2 next year would be very welcome.

[suffersnofools] 03/12/2020 14:15

They'll have no choice Brasso. List on TSX to get a fairer valuation or get taken out by a competitor who's already listed.

[yump] 03/12/2020 13:45

Perhaps its a vaping stock

Sorry couldnt resist

[brasso3] 03/12/2020 13:06

The TSX listing keeps coming up. Surely no smoke without fire.

[totana] 03/12/2020 12:56

Excellent video, PW comes across really well.

[brasso3] 03/12/2020 12:43

Argo
@ArgoBlockchain
Replying to
@ArgoBlockchain
Here’s video #1 -
@PeterGWall
answers questions about a dual listing, mining ETH, long term capital allocation plans, and how Argo calculates revenue.

Questions from
@NewtonsFluxions
+
@MyBrokeInvestor
.

[brasso3] 03/12/2020 12:37

Another go at $19.4k...

[topazfrenzy] 03/12/2020 12:22

SO EXCITED ABOUT THE FUTURE HERE!!!

BUY BUY BUY THE DIPS

[yump] 03/12/2020 12:14

Perhaps once this gets into the area of mainstream pundits looking at profit forecasts etc, the issue of understanding it isn’t so important. Plenty of investors don’t fully undersstand all their stocks - that includes me.

[brasso3] 03/12/2020 11:24

I will not pretend to understand the hash ribbon but we have a buy signal on BTC.

[walter walcarpets] 03/12/2020 11:16

Rude not to get a few more....

[brasso3] 03/12/2020 10:57

Most small PIs would rather invest in a gold mine in the middle of Africa that could get nationalised at any moment!

[suffersnofools] 03/12/2020 10:53

The problem ARB has is that most investors still don't understand crypto, and certainly not miners! That will change though. Just a matter of time until we have a 50pc up day here.

[brasso3] 03/12/2020 10:52

LTC is always the first soldier over the fence.

[suffersnofools] 03/12/2020 10:50

LTC leading again +4%

BTC should follow.............