Argo Blockchain Share Discussion Threads

[topazfrenzy] 29/12/2020 16:11

am I suffers? I don't think so actually

[topazfrenzy] 29/12/2020 16:10

the mega 300K profit lol for the month

[suffersnofools] 29/12/2020 16:10

You're just embarrassing yourself frenzy.

[topazfrenzy] 29/12/2020 16:10

Back too 12p here when they report December figures next week

[topazfrenzy] 29/12/2020 16:09

Zcash now down 10% and falling

[topazfrenzy] 29/12/2020 16:08

what happens when all the buyers disappear and you're left holding a bagful of this junk lol ???

[maqsud] 29/12/2020 16:07

Referring to Net margin not Gross...Note :Being very pessimistic with coins mined at only 2000 for FY2021.Realistic would be 3000 .

[topazfrenzy] 29/12/2020 16:04

bye bye pump hello dump lol

[topazfrenzy] 29/12/2020 16:02

Cryptos collapsing across the board just take a look at coinmarketcap.com

XRP down 40% today

Only a matter of time before BTC follows with a 40% drawdown which could happen at any time, when you're sleeping most likely

[king suarez] 29/12/2020 16:02

Why would the net margin for 2021 be 35%, when the margin in November was 57%, at a lower bitcoin price?

[chesty1] 29/12/2020 15:52

Someone is dumping

[maqsud] 29/12/2020 15:41

Sorry I was referring to 1H 2021 ..If you take BTC mined 2000 for the year by say 23,000 average for 2021 the rev 46M at a Net margin of 35% = 16M ebitda

[suffersnofools] 29/12/2020 15:40

Frenzy - you're stinging badly - it's gutting to sell out ONE day before share price doubles - lol - what a clueless muppet.You'll soon stop posting when this takes out 50p - see ya loser :)

[teed6422] 29/12/2020 15:40

We will be mining 1 exahash when the new machines are online early next year.While this is still small compared to the other big miners it still means a £1 share price puts us on an a fairer market cap in comparison!!

[the chairman elect] 29/12/2020 15:27

CRYPTOCURRENCIES

Another one to watch is TSXv:BITK

BITCOIN MINER & BLOCKCHAIN listed in Canada

Strong BUY Canadian listed BITCOIN MINER that looks ready to explode northwards namely TSXv:BITK

[gaffer73] 29/12/2020 15:18

"Based on daily foreign exchange rates and cryptocurrency prices during the month, mining revenue in November amounted to GBP1.48 million (October 2020: GBP1.2 million)."

[hootza616] 29/12/2020 15:17

Topaz - shut up!You took your profits and now holding cash to reinvest if you are right.Come back when you buy in again!

[topazfrenzy] 29/12/2020 15:14

tulip mania investing buying these shares today

[topazfrenzy] 29/12/2020 15:12

This company's book value is £5m MAX at the current BTC price ... ok be generous and say £15m

the rest is all hot air

£105m MC as I type, I can't stop laughing

[kcowe] 29/12/2020 15:12

More than happy to hold for the long term... When people like Michael Saylor pump 1billion dollars into buying bitcoin . I take note . His last purchase for Micro strategy was for 600 million dollars worth at 21900 .. that Speaks volumes ..more than your carp topazfrenzy.

[qs99] 29/12/2020 15:12

Maqsud, I think your EBITDA number will be wrong by a country mile mate for 2021.....it is operating currently at c.57% gross margins, there are hardly any overheads so how do you get your numbers?

BTC number for 2021 average, take a view, multiply by say 2,500 coins which is roughly what it will do in 2020, at say 50% gross margin, less an assumption on overheads.....

variables being do you think BTC will be $10,000, $25,000, $50,000 or as some have called it $100,000?


DYOR

[topazfrenzy] 29/12/2020 15:08

You have been warned!

[topazfrenzy] 29/12/2020 15:08

the same people pumping now were complaining non stop about the running costs of this outfit and how it hardly makes ANY money, which is the truth

at 100 mill market cap you gotta laugh ... for the deluded only

[topazfrenzy] 29/12/2020 15:06

suffers, keep pumping and dumping on the sheep, can't stop laughing

as for the fake RNS news about OTC today, pathetic!