Argo Blockchain Share Discussion Threads

[mnomis] 23/12/2020 18:24

If its ok, would love one more discount sale on ARB to buy back the shares I now regret selling ... what a ride this year has been. Did not envisage 17.5p when was buying these at 3p odd nursing a paper loss in March ...

[suffersnofools] 23/12/2020 17:18

The other scenario is that 27k then opens up 40k and THEN we get our pullback. Problem with that is that even a 30% pullback only puts you back at 27K - although of course with a MUCH safer long term entry.

Ive got 23850 set up as early warning on a breakout. At least I'll have something to do over Xmas apart from the Star Wars marathon I've promised the kids!

[brasso3] 23/12/2020 17:10

HIVE is making less with ETH at the moment.

[suffersnofools] 23/12/2020 17:05

And HIVE down 14% currently - an odd day.

[the chairman elect] 23/12/2020 17:01

TSXv:BITK the Canadian listed BITCOIN miner is on fire as well!

[bokkes10] 23/12/2020 17:00

It's going to be a big old day either way on Tuesday I think.

There is almost certainly going to be a decisive move in the BTC market of the long Xmas weekend and the mining shares will catch up either way when the markets open.

Hope it goes our way!

[brasso3] 23/12/2020 16:46

SNF

I like that. A little BTC dump after 12:30 on the 24th Dec before full recovery at midnight on the 27th Dec. :)

[suffersnofools] 23/12/2020 16:31

This is the 5th consecutive day we've hit 24k and sold off. We're still above the daily trend line around 22k. Which level will give? Should be a powerful move either way....

If I was going to pick an ARB friendly time for BTC to have a good flush down it would be over xmas with the main markets closed.

[yump] 23/12/2020 14:24

Be an interesting quandary if you had shares in the float. I've been in that position a couple of times and its tricky weighing up if you should just get out breakeven, or because the share has embarked on a significant bull run, it would be best to hold on. I used to think that if you can find a proper reason for the bull run, then its best to hold on, but if you think you've just been lucky, then sell out. But had mixed results from that.

[brasso3] 23/12/2020 14:21

The latest update from Blonity is worth watching.

[qazwsxedc69] 23/12/2020 13:21

24k gone again

[suffersnofools] 23/12/2020 13:13

Oh, it's definitely a case of example making! Just a question of whether they intend to see it through.

[gspanner] 23/12/2020 13:09

SNF The slap on the wrist would certainly be the case if it were a ‘crime’ by Goldman/JPM... But I wonder whether they may have ‘chosen’ XRP as an example.

[yump] 23/12/2020 13:07

Still seems relatively orderly - still waiting for the Cappucino top...

[bokkes10] 23/12/2020 13:06

The trouble with the XRP scenario is that the legal stuff is likely to take ages, meanwhile no one is going to have enough confidence to buy.

[suffersnofools] 23/12/2020 13:05

Nice bullish triangle on the hourly. 19p by close?

[suffersnofools] 23/12/2020 12:29

Gspanner - my thinking is they'll do a deal with the SEC, pay a fine, get a slapped wrist and then xrp flies up!

[topazfrenzy] 23/12/2020 12:09

of course Monero is also the best cryptocurrency going ;)

[topazfrenzy] 23/12/2020 12:08

Monero is the place to be, the Prince to King Bitcoin

[trentendboy] 23/12/2020 12:00

Told you about OTC days ago - sighBetter late than never Means valuation catch up and HIVE otc volumes are very large so expect similar Word still getting out

[suffersnofools] 23/12/2020 11:58

All the time Yump! Look at Nasdaq 12700 and still they buy. I'll be looking to close out around 3000 :)

[yump] 23/12/2020 11:52

People say the market can be irrational longer than you can stay solvent, but that also applies upwards at times.

[yump] 23/12/2020 11:50

Suffersnofools

Yes 20p although conveniently I can’t remember if I specified a time period ;-)