Argo Blockchain Share Discussion Threads

[mattybuoy] 08/1/2021 21:38

I think he's a bot.

[crypto nugget] 08/1/2021 20:45

Do you ever give up "The Chairman Elect"?

What a boring prat you have become.

Filtered - for the second and final time.

[nico115] 08/1/2021 20:39

Agreed he's one of the best contributors on here Just wished at 140p today he didn't raise his arb target to 10 pounds ..will never ever hit thereBtc was overbought but not the end of the bull run

[netcurtains] 08/1/2021 20:32

please ignore

[the chairman elect] 08/1/2021 20:30

BITCOIN MINERS

Canadian listed BITCOIN MINER & BLOCKCHAIN [MKT CAP sub £10m] which is up YET again - now over CAD$1.50 and absolutely flying as with many BITCOIN MINERS = namely TSXV:BITK



TSXv:BITK now at the days highs plus all time highs....another BITCOIN MINER serious multi bagger....

[netcurtains] 08/1/2021 20:25

!FOLLOWFEED

[nico115] 08/1/2021 19:41

Totally agree Suffer is too bloke Just his 10k target is far fetched

[pal44] 08/1/2021 19:35

Some good buys before close looking forward to Monday morning guys

[hotdaddy1972] 08/1/2021 19:33

Great response, totally agree with your assumption but I think it should be worth $1.4bln if peer group valuations are correct.

[crypto nugget] 08/1/2021 19:31

Good evening everyone.

Enjoying the ride here and the wonderful informative posts.

I must say in defence of SNF - he's not only been spot on, but has answered all my queries, and supplied very valuable information.

Not everybody is correct all the time, and he's probably made some big bloopers in this market and others, but on the whole I must say his posts have been priceless and most welcome.

Now ARB could be on the cusp of another strong move upwards with BTC flriting with $41-42,000 would be nice to keep this thread friendly and positive going forward for the benefit of us all.

[sideshowbull] 08/1/2021 18:57

Treat BTC like an asset or stock now.

If I was a fund or investor I would want to double, triple, 10x my investment.


Even better if you think there are 14m BTC floating you are wrong.

If you think there are 11m BTC available you are wrong.

No one is selling unless you are buying cold storing your BTC you are juggling with your wealth.

Buy hodl and move to cold storage.

If you hold in spreadbet or CFD you have 0 BTC..


No advice (semi)

IMO

BWTFDIK

[nico115] 08/1/2021 18:52

We hodl far less coins And the day you buy arb cos US miners are cheap they will collapse !!Remember the dot com bubble ?Exactly the same thing happened then !!

[nico115] 08/1/2021 18:50

Where is suffer ? Told us 200p this afternoon !! He's a v good guy and called it brilliantly but from the moment he said 10 pounds I thought hmmmm Alarm bells

[nico115] 08/1/2021 18:49

Really is ,a guru : )

[horneblower] 08/1/2021 18:34

yump,
Yes, but the software has its limitations.
In parabolic mode the current price is way off the top so there's plenty of scope to go even higher.

[qs99] 08/1/2021 18:23

Really interesting thanks.

[nico115] 08/1/2021 18:22

Wow Nicholas Slater on Twitter called the bottom of btc at 13k and arb at 7p and called the top in btc and arb at 130 today Great call Nicholas !

[yump] 08/1/2021 18:16

A best fit curve shows it accelerating

[richie1218] 08/1/2021 18:00

sorry if already posted

As the price of gold plunged on Friday, CNBC’s Jim Cramer said the rise of crypto may partly explain the sudden disinterest in the precious metal — a potential sign that the mainstream has flipped the script on Bitcoin (BTC) and digital assets.

When asked why gold isn’t rallying amid the political chaos on Capitol Hill this week, Cramer said the market is either not as chaotic as it seems or that all of the money is going into cryptocurrency:

The price of gold sold off more than $60 on Friday, hitting a low of $1,852.50 per troy ounce on the Comex division of the New York Mercantile Exchange. Bitcoin, meanwhile, surged to new all-time highs above $41,000.

Cramer is a recent convert to Bitcoin and cryptocurrency, having bought the mid-December 2020 dip when BTC was under $18,000. He said of his purchase at the time:

“I will buy — like I usually do — as something comes down. [...] I’m going to diversify into some Bitcoin — not a big position for me — but it's certainly important to be diversified, and Bitcoin is an asset and I want to have a balance of assets."

If Cramer held onto his BTC, his position has more than doubled by now.

The flagship cryptocurrency continues to outperform gold and every other major asset thanks in part to an influx of new institutional buyers. Measured in bullion, 1 Bitcoin is now worth more than 20 ounces of gold. A week earlier, the Bitcoin-gold rate was around 15 ounces.

The idea that Bitcoin is taking market share from gold is nothing new. A recent analysis from JPMorgan Chase concluded that Bitcoin’s digital gold narrative is pulling investors away from precious metals. The analysts said this trend could intensify as more institutional money pours into the crypto space.

[qs99] 08/1/2021 17:56

King S, THAT is the sort of post I was after, thank you! Absolutely, so really we need some big brains to work through the theory of BTC mining getting harder, how long machines last vs replacement value vs what BTC could be worth over that period & mining capacity etc.....Beyond me, but my point is that it is not in the realms of "stupid" to say it could be worth over a billion at some point?

ESPECIALLY when you look at the likes of HIVE, RIOT, MARA above?

DYOR and thanks appreciated that post
QS99