Argo Blockchain Share Discussion Threads

[hootza616] 30/12/2020 12:30

I was in BLU for about 2 years. What a waste of time and money that was!May get a boost from the BTC rise but unless they actually get some mega interest in the product they won't ever turn a profit. Micro payments means micro margins!

[mnomis] 30/12/2020 10:37

Not sure I see December numbers doing much for the share price - is not too hard to calculate December, as is a very simple business to model ...
I like this transaction.
Seems like easy money to be made on BTC at the moment buying the $1k dips ...
Glad I did not take profits yesterday ...

[qs99] 30/12/2020 10:36

I have BLU, but the Satoshipay investment has been a long time in getting nowhere it seems. Just being cynical, but they need to start showing real progress IMO as that has been "the next big thing" for about 3 years now!

[brasso3] 30/12/2020 10:22

O/T

Have any of you guys had a look at BLU? They have a 27% interest in Satoshipay which have developed micro payments in bitcoin.

[suffersnofools] 30/12/2020 10:10

Have to say I'm very impressed with Peter though. Adding extra strings to our bow with the seed investments and mining management. There will come a time when mining income falls and having other revenue streams and strategic investments will provide healthy diversification.

[suffersnofools] 30/12/2020 09:51

Supply / demand is going to be irrelevant. Affordability Is the issue. Too many homeowners stretched to the limit with no contingency for loss of earnings. Then add in overseas speculators pulling money out - London prices are cratering at the moment - and property should drop 40-50 over next few years IMO.

[yump] 30/12/2020 09:45

o/t Depends a bit on new house building volumes really, but no doubt the economic fallout from covid will cause repossessions and house price drop. Unless the pause in house building this last year causes yet more shortage in the wrong places.

[suffersnofools] 30/12/2020 09:42

The US buyers will keep this ticking along yump.House prices are a lovely short opp. Along with commercial property. Both ridiculously overvalued and set for a lot of pain over next few years.

[dubjon] 30/12/2020 09:42

It will take a couple of days for the share price to stabilise.
Volume has been massive as new investors pile in on the bitcoin frenzy.
Plenty of punters have doubled their money or more....some will sell.When they are done, we rise again.

[dubjon] 30/12/2020 09:27

Plotted against arb for compararison.
Interesting no?

[crypto nugget] 30/12/2020 09:26

BTC clawing its way back to $28,000.

[crypto nugget] 30/12/2020 09:25

SNF - thanks for your helpful and informative views.

It's much appreciated.

[dubjon] 30/12/2020 09:25

While we wait for the next rise, check out the chart for OBC today.
Just 10.5 million shares in issue, MMs trying to get stock, Few sellers.....

[topazfrenzy] 30/12/2020 09:04

BTC dropping like a lead balloon!

Double top ----> CRASH imminent

60% drawdown that will last months

[k1ngkonggb] 30/12/2020 09:01

Where do these Muppets come from...Topaz still bashing his bishop about some crash.....another one for da filter bin!!!

[trentendboy] 30/12/2020 08:57

Nice investment in the algo technology at Luxor Great news - the key is supercharging and great that Argo have been using it for monthsIf Luxor floats then Argo also in front seat as early investor

[trentendboy] 30/12/2020 08:56

Give it up topaz - it is boring Just wasting your time as investors here know what they are doing and cannot be scared into sellingPure BTC play and as you know " number go up"

[suffersnofools] 30/12/2020 08:53

Nugget - the recent bullish consolidation below ATH and now break above 27500 resistance looks very good. Targets I will look to above would be 30k, 32k, 38k, 45k and 50k. I just watch the price action and key indicators at each level. I'm still working to the assumption that 30pc pullbacks will occur, however, the biggest pullback since the bull run from 10k has been 16.9pc so it's possible that, as many think, this cycle with institutional money pouring in may have shallower corrections. We shall see.

[topazfrenzy] 30/12/2020 08:51

minus 60% for BTC

minus 80% for ARB

Good luck!

[topazfrenzy] 30/12/2020 08:50

Enjoy the CRASH boys!

[suffersnofools] 30/12/2020 08:44

You missed a zero off frenzy!You'll be buying back in at 100p in March......if you're lucky

[crypto nugget] 30/12/2020 08:31

Good morning.

Very pleasant to wake up to this, a positive RNS with ARB getting more and more involved, and BTC at $28,500.

A very positive day ahead with big volumes again.

SNF - may I ask, does the $30-32,000 level still hold for a pullback in BTC or have you raised your forecast? It seems BTC does want to go into the 30's soon.

Thank you.

[ostrading2] 30/12/2020 08:27

This is going to 50 then 100 easy.