Argo Blockchain Share Discussion Threads

[trentendboy] 16/12/2020 13:45

About time 20p comingThis share moves too slowly so great for retailersEasy to get in early today and make 10 percent in a dayLike clockwork ARB still off radar

[suffersnofools] 16/12/2020 13:19

Yep - Mining difficulty fell yesterday! Happy days.

[ragnarr] 16/12/2020 13:14

At current levels ARB will post another 30% plus revenue on last month.

[brasso3] 16/12/2020 13:07

I think ARB has 50% upside here with new mining capacity and possible another 50% with a NASDAQ/ TSX listing. I can see a path to 25p to 30p here in the next 6 months providing BTC trade above $20k during that period.

[suffersnofools] 16/12/2020 13:03

Definitely more upside potential Brasso BUT BTC has less risk. Just buy and hodl! ARB has the BTC price to worry about plus the operational/strategy execution risks. However I'm happy having watched those recent vids that the guys have their eyes on the ball.

[suffersnofools] 16/12/2020 12:57

This is what we want. A proper back-test of the break to get some support above 19600. Big spikes up end in big spikes down.

[qs99] 16/12/2020 12:52

Does look as though BTC will breach $20k soon....let's see....all looks rosy for ARB on that basis DYOR

[mnomis] 16/12/2020 12:42

Not ready for the $20k break ... 1 more buying opportunity please! (last time I posted something similar re ARB not getting to 10p, it shot through shortly afterwards)...

[brasso3] 16/12/2020 12:35

What a tease! Come on $20k!

[suffersnofools] 16/12/2020 12:14

I've wasted enough on cars for two lifetimes! Women are never a waste ;)

[ragnarr] 16/12/2020 11:42

Others on the same page as you -Bitcoin hits 2-week high breaking last big resistance before $20KBitcoin hitting its highest level since the start of December reignites the quest to crack $20,000 resistance.1658MARKET UPDATEBitcoin (BTC) hit its highest levels in two weeks on Dec. 15 as fresh bullish action took the largest cryptocurrency to near $20,000.Cryptocurrency market overview from Coin360.BTC price highest since Dec. 1Data from Cointelegraph Markets, TradingView and Coin360 showed BTC/USD hitting $19,760 during trading on Wednesday.The move reverses bearish sentiment which characterized the market as recently as Tuesday. After failing to crack resistance between $19,500 and $20,000 throughout December, Bitcoin saw lows of $17,550 before reversing upwards.This week, the reemergence of buyer support intensified, with Bitcoin showing a clear desire to quash the major seller wall at $20,000 once and for all.As Cointelegraph noted, beyond $20,000, little is in the way for Bitcoin as it hits uncharted territory, with only minor selling planned at higher levels, data shows."#Bitcoin breaking above the resistance zone, which is close to a new all-time high. Bullish!" Cointelegraph Markets analyst Michaël van de Poppe summarized to Twitter followers about the latest movements."However, you'd want this red zone at $19,400-19,500 to become support. If that happens, price can continue towards $20,500-21,000."

[ragnarr] 16/12/2020 11:37

Theres your spread closed - I think your nan would also say dont put all your eggs in one basket - save a bit of dosh for cars and women :-)

[gspanner] 16/12/2020 10:59

Well the FOMO brigade back in then... Let’s see

[suffersnofools] 16/12/2020 10:58

My Nan will be telling to stop wasting my money on cars and woman and buy BTC ;)

Maybe tag 20k before retrace? Drumroll........

[ragnarr] 16/12/2020 10:56

Thanks for putting your head above the parapet.

[ragnarr] 16/12/2020 10:55

Not often you hear BTC used in the same sentence as risk averse - the winds of change have begun to blow :-)

[suffersnofools] 16/12/2020 10:48

Red dashed line - close above and we could be in business to 1st target of 21k (daily trendline resistance)

[king suarez] 16/12/2020 10:48

Yes, they gold too, for similar diversification reasons. I guess I was just a bit surprised they would invest given the volatility of BTC, but they must see it as a good hedge against inflation and potential equity market crash?

[walter walcarpets] 16/12/2020 10:44

KS: Aren't they going to BTC precisely because they are risk averse?

[king suarez] 16/12/2020 10:37

That is quite a surprise vote of confidence in BTC from Ruffer as they are quite a risk averse fund? Bodes well.

[hootza616] 16/12/2020 10:34

Ruffer Investment Co.They have put 2.5 percent of their investment portfolio into BTC.Think this will be a trend that allows more exposure to BTC though pensions, ISA and SIPPs.

[trentendboy] 16/12/2020 10:33

ARB looks like it is being held backShould be up more today imoWill rallyI suspect take overs next in this sectorRIOT will try to buy ARB for example

[qazwsxedc69] 16/12/2020 10:19

Quick jump to 19.7k there....

[ragnarr] 16/12/2020 10:18

Poss sooner :-)