Argo Blockchain Share Discussion Threads

[bigger is better] 05/1/2021 08:40

Auntie Patsy, It's time to donate to my fund charity again. Re-open the direct debit, pronto.

Regards,

BIB

[yump] 05/1/2021 08:40

If anyone is hanging on monthly numbers or is freaked that there are variables involved, then get out for peace of mind.

What will matter in the end and for anyone who treats this as a proper investment, is the total mined this year and the average price of btc through the year.

The margin will vary. Depreciation is fixed. Overheads are fixed.

Its the easiest business to model various outcomes.

[nico115] 05/1/2021 08:36

Haha just like your awful tip bitk You come here and ramp so you can sell at the same time !!Low life behaviour

[suffersnofools] 05/1/2021 08:31

Expect we'll see usual pattern of price taking off late afternoon.

[the real666] 05/1/2021 08:24

I took off boys and gals. Plenty in the tank left for this one. I am up 268.90%, so took all my chips off the table. Can't be very greedy.

Hope you guys get pass 50p tomorrow then a lot more up.

[sunshine today] 05/1/2021 08:23

I agree the yanks rate the miners higher , thus pouring cash in here.

[suffersnofools] 05/1/2021 08:21

I think what many investors are still missing with ARB is that this is all about valuation at the moment, NOT operational performance. We could keep revenues at £2m per month and STILL see a share price of £2 as the gap to the other miners is closed!Add in BTC surging and a lack of other U.K. listed crypto investments suitable for ISA and SIPP and that's where things could get really silly!You can buy BTC today and triple your money at 100k - then pay tax or buy ARB and at 100k BTC see a 1000-3000pc return tax free. No brainer is the phrase! Or Frenzy - they're synonymous

[parob] 05/1/2021 08:17

Market seems to like the news.Wonder what it will think of the Jan update when it comes.BTC rising again.

[sunshine today] 05/1/2021 08:07

SufferNofools.

Good luck it’s the Wild West just like the Internet was for those first few months.

Go for it

[topazfrenzy] 05/1/2021 08:04

So they are making £1m per month after mining costs but before all other costs

PATHETIC!

This is heading back to 15p before you know it

You have been warned!

[suffersnofools] 05/1/2021 08:02

Sunshine. I agree re PE at the end of this cycle - that's when I'll switch ARB profits into companies with better prospects for ongoing revenues. But ARB will likely be £10+ at that point.

[topazfrenzy] 05/1/2021 08:01

Take your money out of this stupid share

YOU were warned that the figures will be SHOCKINGLY pathetic and they are!!!

Buy the cryptos directly ... XLM, VET, ADA etc etc

[wonker26] 05/1/2021 08:00

Good to see they’re still holding a good number of btc

[topazfrenzy] 05/1/2021 07:58

Make sure you all load up on Stellar

'Ukraine taps Stellar to develop digital asset infrastructure, including CBDC framework

Stellar’s development arm will work with the Ukrainian government on several digital asset initiatives.'

hxxps://cointelegraph.com/news/ukraine-taps-stellar-to-develop-digital-asset-infrastructure-including-cbdc-framework

[suffersnofools] 05/1/2021 07:58

Not only that uapatel but ARB will be mining MORE BTC than Riot through to October!

[sunshine today] 05/1/2021 07:58

SuffersNofools

All I can do it take my hat off to you, because to date , you have been spot on.

BITCOIN can go to the moon and 98% of investors HAVE been correct to date.

It’s just not for me, simply because I want each million of profit to be on a pe of 20 40 from BAAS ( Blockchain as a Service)

That can send a few million pound company into the FTSE within a few years.

I also totally accept a wall of money from the USA is finding a home here as punters pile in

[the chairman elect] 05/1/2021 07:57

Very interesting post....



sunshine Today5 Jan '21 - 07:30 - 10224 of 10226

This is the one slight issue with ARGO

Each month you have to wait on numbers, in a storming bull run like today, it’s not an issue.

However it does became one over time, as investors are constantly on edge on 3 major counts.

1//The price of Bitcoin

2/ Total coins mined each month

3/ Variable margin

This means you have to constantly out guess what other investors will do, I hate to say it, but confidence can evaporate overnight.

Just about everyone on the board this morning is “In the money “ and a massive well done to you all.

I am going with TRD, even more so, after lasts night’s fantastic bombshell from the USA opening up not only America but the world .



“Jan 4, 2021,09:09pm EST|4,225 views
OCC Regulator Implements Groundbreaking Cryptocurrency Guidance For Banks And The Future Of Payments”



Demand for those companies in a position to implement Blockchain within the worlds banking system, will be massive.

The recurring revenues from BAAS ( Blockchain as a service) will run to tens of billions.

Those that have made fortunes to date have been the original coin or token holders.
That’s a massive gamble that’s paid off , but is never ,ever going to be rated as regular EPS

TRD is an absolute minnow today, but it will not be by the end of the month in my view

[topazfrenzy] 05/1/2021 07:56

Well done my chickens for HODLING this damn ARB

Remember however that 15p is on the horizon!

GLA

[uapatel] 05/1/2021 07:56

Got from Hudcap on twitter group.

“Worth remembering RIOT mined 222 coins in the whole of Q3 and is 5.5x more expensive than ARB.”

Figure with exchange rates, zcash halving and December BTC being in the 18-22K zone for half of the month figures aren’t too bad. Especially if they are about to significantly up the petahash numbers in February.

[the chairman elect] 05/1/2021 07:55

Or the Canadian BITCOIN MINING / BLOCKCHAIN company which is much better valued namely TSXv:BITK

[suffersnofools] 05/1/2021 07:55

It's also worth noting how much better an investment ARB has been than BTC and will continue to be through 2021 thanks to the operational gearing.

[qazwsxedc69] 05/1/2021 07:55

Nice premarket action at 48

[nico115] 05/1/2021 07:55

Agreed and as the bitcoin price rises mining competition intensifies I'm still bullish Bitcoin price will rise and therefore so will Argo