Argo Blockchain Share Discussion Threads

[qs99] 26/12/2020 23:01

Where to ARB price when BTC hits $50,000? Sounds mad but if it has just gone through $26k then why not get squeezed to $50,000? And what ARB market cap and EBITDA numbers then?

DYOR but glad I am locked and loaded here. LSE post someone posted here earlier may not sound so far fetched....could it?? 10 bag from here? Blimey O'reilly let's see....

2021 should prove very interesting for cryptos that is for sure

[tomboyb] 26/12/2020 22:49

hxxps://news.bitcoin.com/bitcoin-500k-russian-crypto-exchange-hackers-exit-scam/

Bitcoin Hits $500K on Russian Crypto Exchange After Hackers Take Control — Users Cry Exit Scam

[brasso3] 26/12/2020 22:46

Just a taster for 2021...

[mnomis] 26/12/2020 22:41

Wow nearly hit $27k ...

[yump] 26/12/2020 22:18

I just showed wifey the btc and arb charts and she said why are you looking at that its Boxing Day. So it will be me that gets the surprise new car !

[brasso3] 26/12/2020 22:12

I would guess its our asian friends. I speak to my circle of friends and family about bitcoin and they still find it amusing. The retail crowd is not here yet.

[yump] 26/12/2020 22:02

Surely not - retail won’t be that quick ?

[brasso3] 26/12/2020 20:53

Quite strange that its now moving up over xmas. We know that most have the recent demand has been from Grayscale, Square, Paypal and Microstrategy. Is this the retail crowd coming in?

[qazwsxedc69] 26/12/2020 20:37

There goes $26k

[suffersnofools] 26/12/2020 20:25

Yeah about right 2025 will be end of NEXT cycle so I'd guess 1.5m per BTC

[nico115] 26/12/2020 20:22

1m bucks within 5 years

[suffersnofools] 26/12/2020 20:04

I'm expecting a nice alt pump in jan as all the BTC profits find there way to ETH and other top 20 tokens. The pattern last time around was eth/BTC going hugely in eth's favour.

[suffersnofools] 26/12/2020 19:49

Also need to point out that ARBs valuation is still nuts when you consider what the margins at these 25k+ levels are. This is just a money printing factory! I'll derisk my ARB shares at 46p in feb/March HttPs://www.coinwarz.com/mining/bitcoin/difficulty-chart

[suffersnofools] 26/12/2020 19:40

All great news and I'm hugely bullish on BTC and ARB but don't get sucked into the media hype. Watch the price action. This is following the EW count perfectly and what that article doesn't state is the 40k is the wave 5 target, NOT wave 3! We are very near a short term top here - I've now got 3 negative divergences on my chart. I'm hoping for a 28k+ top but added to my hedging short position at 26k. 27/29k - 19/20k - 45/50k is what I'm working to.

[walter walcarpets] 26/12/2020 19:38

Good thread by Dan Held on why BTC might be entering a supercycle.

[brasso3] 26/12/2020 16:31

The demand vs supply of bitcoin at the moment is crazy.

I heard someone describe it the other day as trying to fit an elephant in a bath tub.

[bokkes10] 26/12/2020 16:25

Bet Topa frenzy is really pleased with his trade on Xmas Eve? Lol

[ramellous] 26/12/2020 16:18

OTC will be open on Monday but London doesn’t open till Tuesday right? That’s gonna be a bit frustrating..

[trentendboy] 26/12/2020 16:02

Anyone shorting this will be destroyed on Monday - not sure many would be that stupid actually Could gap up to 25Remember this is a leveraged play US money will be piling in here Key is shortage of mining equipment - incumbents will make hay for a while

[crypto nugget] 26/12/2020 16:01

Was it suffersnofools who said the other week that if $24,000 was broken, then BTC could have a clear run to $27,000 with resistance at $32,000 and a probable sharp pull back if $32,000 reached?

$26,615 touched - certainly interest building.