Argo Blockchain Share Discussion Threads

[whoppy] 19/8/2019 15:03

Get through the top bollinger and it's double figures. Going up!


free stock charts from uk.advfn.com

[ragnarr] 19/8/2019 13:00

Altcoins Finally Start Moving

The weekend has been largely one of consolidation for crypto markets as Bitcoin has held on to gains to keep it in five figures. Monday morning, however, has seen some bigger moves on altcoin prices as they outperform their big brother in a rare upswing.

Crypto Markets Gain on Altcoins
Most of 2019 has seen the altcoins take beating after beating as their big brother surged. They are not as low as their depths in mid-December last year when doom shrouded the space, but many have not really recovered yet.
Today’s action is nowhere near recovery as the majority of them are still over 80 percent down from their all-time highs, but it may be a ray of hope. Total crypto market capitalization has increased by $15 billion over the past 24 hours as it chases $280 billion again.

Bitcoin has made a move through resistance a few hours ago but the altcoins are also on a charge at the moment. From a low of below $185 yesterday, Ethereum has cranked 8 percent to reach the psychological $200 level once again. Crypto trader ‘Nico’ has noted the breakout adding that further longs will be likely if the $200 level can be breached.

“Nice breakout after a short test of the 175$ level with HL sequence & a pennant (that was bearish) but ended breaking to the upside… Currently testing the ~200$ resistance level, if flipped into support, we can start thinking about a long setup…”


Ripple’s XRP token has also made a rare surge adding 8 percent today to reach $0.287 however it really needs to get back to the $0.30 level and hold above it to register further upsides.
Bitcoin Cash has mirrored its big brother with a 5 percent gain to top $320 but Litecoin has done marginally better, adding around 7.5 percent as LTC closes down on $80 once again. Rounding out the top ten are EOS, BSV and Monero, all making 6-7 percent on the day.

Other altcoins performing well at the time of writing include Cardano, Tron, Dogecoin and Qtum. Finally the alts are contributing something to total crypto market cap but the gains are not all theirs.
A few hours ago during Asian trading Bitcoin also broke through resistance to top $10,700, its highest level for almost a week. The next resistance point for BTC is around $10,800, then all is clear all the way up to $11,400. Markets are all in the green this Monday morning and the altcoins are finally getting a little crypto love.

[liveit2] 19/8/2019 12:18

interesting listen -

[liveit2] 19/8/2019 12:06

where japan leads, others will follow - this is very big news

[liveit2] 19/8/2019 10:20

what is that i see a short distance away - ahh its 11k per btc

[topazfrenzy] 19/8/2019 08:41

Cryptos soaring again

[topazfrenzy] 19/8/2019 08:20

Crazy not be topping up at these levels, this is a strong buy in my book.

[homebrewruss] 18/8/2019 22:09

ARB featured by Justin Waite in tonight's video:

[ragnarr] 18/8/2019 21:16

so we agree 2020 will be a difficult year ;-)

[horneblower] 18/8/2019 20:55

Paul Samuelson, the great US economist said, "Wall Street indexes predicted nine out of the last five recessions!"

[horneblower] 18/8/2019 20:50

Rag, thanks for being pedantic. It seems you and Wikipedia agree with me. 2007 Dow up 4%, 2008/9 Dow down 50%.

[ragnarr] 18/8/2019 20:40

WikipediaIt began in 2007 with a crisis in the subprime mortgage market in the United States, and developed into a full-blown international banking crisis with the collapse of the investment bank Lehman Brothers on September 15, 2008.Sorry to be pedantic :-0Agree we are in the beginnings of a downturn though, just dont believe it will be anything near as severe as 2007/2008

[ragnarr] 18/8/2019 20:33

Sorry - I forgot about the Spurs issue - i take it all back :-)

[horneblower] 18/8/2019 13:28

ragnarr,

Do you mean 2008?

I agree there are no comparisons...but then, there never are.

Large corrections ( > 25% ) come on average every 9 years¹... we haven't had one for 11 years.

A 50% fall in the major stock indices over a year or two is not inconceivable. That would put 2008 in the shade.

(I'm not predicting this btw.)


¹ Dow over last 100 years.

[lithological heterogeneities] 18/8/2019 12:39

USA debt 2007 = $10 trillion.USA debt 2019 = $21 trillion.Germany going into recession.BREXIT.Italexit.North Korea.Iran.Spurs almost won a trophy.

[ragnarr] 18/8/2019 12:03

Whilst i agree that we are probably entering into a period of global slowdown, to suggest it will be worse than the 2007 meltdown, i am afraid is quite frankly well over the top - there are no comparisons from then to now - imo

[lithological heterogeneities] 16/8/2019 19:17

Worldwide recession even worse than 2007 expected in next 12 months by many.

Gold and silver (as always) and possibly bitcoin will be the best investments when this happens.

I hope I have time for all my other investments to go up before this happens and move into Gold,silver, bitcoin and cash.

It WILL come. It's not a question of "if" it's a question of"when".

GGP and ARG are two of the obvious choices to me.

[topazfrenzy] 16/8/2019 18:32

Looking like a stunning weekend ahead for Bitcoin and its favourite buddies

[suffersnofools] 16/8/2019 18:09

Clear air until 10700 - nice

[liveit2] 16/8/2019 16:48

nice blue finish - blue monday expected - if btc can keep above 10500 this weekend -

[liveit2] 16/8/2019 16:26

btc blowout coming

[hootza616] 15/8/2019 13:52

Dividends in BTC would be great.I do hope they are selling their mined coins above $10k otherwise any major fall in BTC value is translated directly to the bottom line.Would be nice to hear they have an agreed maximum holding of BTC for long term speculation and any additional coins are cashed in for $.

[topazfrenzy] 15/8/2019 12:05

Not Sterling, or any fiat