Argo Blockchain Share Discussion Threads

[brasso3] 13/12/2020 20:29

In which direction?

[sideshowbull] 13/12/2020 19:08

IMO - I think BTC margin traders are going to get torn new A holes this week.

Doesn't bother me directly though may see a good flush.

BWTFDIK

[suffersnofools] 13/12/2020 16:49

Looking like a decent 100k buy on Friday now....I hope! Looks like BTC mining difficulty up about 10pc so far this month.

[brasso3] 13/12/2020 14:16

I wonder how far we are off from large NASDAQ companies buying mining royalties from miners. Surely thats a logical way forward to ensure long term accumulation of virgin bitcoins.

[trentendboy] 13/12/2020 13:59

I suspect Saylor has been buying from Fridays 1800 lowsAll depends on the regulations covering how quickly the proceeds can be spent As MSTR shareholder I hope he got themAs Argo holder if he still has to buy then even better for the BTC price to jump even more

[trentendboy] 13/12/2020 13:57

Will jump at least ten percent tomorrow but will be hard to get in as it will gap up But there is little selling going to happen before 28000 so I suspect it will continue to runWhatever the open will seem cheap in the long run

[brasso3] 13/12/2020 13:34

Looks like market participants trying to load up before Saylor comes along with his $650m war chest. :)

[horneblower] 13/12/2020 13:02

Yabadabadooo

[suffersnofools] 13/12/2020 12:56

No horneblower - If you've watched any 50's B movie you'll know its because all the cavemen got eaten by dinosaurs ;)

[horneblower] 13/12/2020 12:53

"The stone age did not end because the world ran out of stones"

Comment attributed to Shaikh Yamani, Saudi oil minister in 1973.

[ragnarr] 13/12/2020 11:20

Back in the day the humble car was ridiculed - The then president of the Michigan Savings Bank stated the horse is here to stay but the automobile is only a novelty – a fad

[yump] 13/12/2020 10:59

The Times seems surprisingly on the ball then ;-)

I wonder if I looked back, whether there would be articles in the papers from 1998:

"Internet unlikely to make much difference to high street"

then in 2010:

"Internet proving popular as a buying option"

then in 2015:

"Time to get onboard with internet shopping stocks"

[suffersnofools] 12/12/2020 21:43

I like hive but looks very expensive compared to arb - but then we know TSX valuations are much fairer.

[trentendboy] 12/12/2020 19:27

Been buying a lot of HIVE on TSXThey mine BTC and ETH - mainly ETHSeems a good hedge when holding a lot of ARB alsoThey have good geography

[yump] 12/12/2020 14:51

suffersnofools

Well I suppose the internet has made things easier and quicker, but as to advancing civilisation...
To be fair, I made a very good living off the net for 10 years or so, but then Google ate my hamster.

I wouldn't know about your last point ;-)

[suffersnofools] 12/12/2020 13:33

I see XRP getting murdered by the Spark airdrop!

[suffersnofools] 12/12/2020 13:30

Yump - We're back to not agreeing :)

Crypro and Blockchain are here to stay and if you think the Internet hasn't changed the world for the better you must have banged your head. Of course there is a dark side, just as there is in anything created by humans! And yes FB and its ilk are a stain on humanity BUT, I'm able to live in the Alps and still run both my UK business and trade for a living. Couldn't have done that 20 years ago when I was slogging into Canary Wharf at ungodly hours. Then of course there's YouPorn - lol

[brasso3] 12/12/2020 13:27

I agree about ETH. The staking option has changed the game their with ETH 2.0. Staking now at 1.25% already.

[suffersnofools] 12/12/2020 13:25

Was wondering the Same Brasso. BTC (very suspiciously imo!) pulled back just as ETH and BCH were sitting at breakout level. So yes it looks that way doesn't it. I still feel ETH will be the biggest winner in the early stages of the bull run once it gets above 620. Particularly as a few ETH only funds have popped up.

[brasso3] 12/12/2020 12:21

When does alt coin season get going again? I think BTC will need to break $20k now before retail start chasing the low cap stuff.

[suffersnofools] 12/12/2020 11:24

18800 - 19000 looking like the tricky area. Should move quickly if it breaks above.

[suffersnofools] 12/12/2020 11:17

IF DXY can hold 8840 it could bounce short term ,but the FED know that their trillions in stimulus are devaluing it - all part of the plan.