Argo Blockchain Share Discussion Threads

[sif12] 09/1/2021 11:02

Yump that might a somewhat fun but dark exercise...

My biggest fail..

Ill submit asos. Bought at 30. Sold at 90. Missed out on about 100X

[nico115] 09/1/2021 10:55

Perfect !! A nice mature thread this !!(apart fromDorset !!)

[nico115] 09/1/2021 10:55

Bore off I've already replied to SNFArb is one of my 5 for 2021 I was right as I predicted 40p wouldn't be broken the next day and it wasn't Feel free to attract me but don't clog this bb up as you are boring everyone !!

[hootza616] 09/1/2021 10:54

I use Hargreaves Landsdowne Babbo

[yump] 09/1/2021 10:49

FWIW the 'records' of getting it right are meaningless. We can all quote particular instances. If you want a gloomy thread, I can always start on my big fails over the years... that might be funny... not for me though ;-)

[dorset64] 09/1/2021 10:46

Whos writing nonsense, you said Argo wouldn't reach 30 anytime soon let alone 38. Sorry I pointed that out but don't criticise SNF for his projections, when your own have been way off.

[horneblower] 09/1/2021 10:46

I'll be 70 in less than a month ☻
But I still feel about 17 ☺ lol

[nico115] 09/1/2021 10:44

Arb is one of my tips for this year so stop writing nonsense

[dorset64] 09/1/2021 10:43

Hi sif, yes mate I held there for our sins lolTrust you're well

[nico115] 09/1/2021 10:42

Totally agree Enough Dorset

[nico115] 09/1/2021 10:40

I have already apologised to SNFIf you look at my twitter account I get a lot more right than wrong so well done on highlighting one of the wrong ones !! Maybe you are perfect ?? I've been the biggest bull of BTC since 13k and many hundreds have profited cos of it I was right that we would fall from40p as we fell to 32.5 that day so maybe instead of criticising you can look at your own record !! Lol

[suffersnofools] 09/1/2021 10:36

I don't think we'll get full value without a full US listing. But we'll be in the ballpark.A lot depends on your view of BTCs path.I think 50-53k is going to see a big correction down so I might look to let BTC drive my ARB entry and exits.

[nico115] 09/1/2021 10:36

Haha You're only as old as you feel !!

[sif12] 09/1/2021 10:28

o/t dorset64, i remember your name from the Taihua BB from about 14 years ago.

[suffersnofools] 09/1/2021 10:27

As I've stated previously, I see this settling somewhere between 150-300 in the near term. We are currently re-rating, and these can be pretty parabolic phases as we're witnessing. Once this phase completes, likely next couple of weeks, then I think ARB will become a very tradable stock as its high Beta will mean it can be traded as a BTC derivative.It's a tough call to know when the valuation gap and OTC buying will become less of a factor and BTC price will take the ascendency in terms of being the key driver of ARBs valuation.

[yump] 09/1/2021 10:24

SNF

Do you think the key thing is whether ARB will actually reach the US ratings ? I’ve seen so much optimism with other stocks about US listings and comparisons but they never seem to come to fruition.

Presumably it depends on the money in the US vs UK. If we don’t ‘like’ high ratings and there’s more power here, then we’ll sell and stop the crazy valuations.

[yump] 09/1/2021 10:19

Can we please not go into who has got it wrong or right in retrospect.

That goes on a lot on advfn. This thread is fairly clear of it.

Even if its not in retrospect, its statistically insignificant, unless you have someone’e investment history.

It proves nothing one way or the other.

[suffersnofools] 09/1/2021 10:15

Wow - it's a BB of oldsters - lolI though I'd be the oldest on here in my 40s as crypto is for the youngsters :)Nico - not my style. I just say it as I see it. If I sell up here I'll say so but won't hang around. Life's too short to post about stocks I don't own!

[aidenabettin] 09/1/2021 10:13

There is no bottom only TOP

[yump] 09/1/2021 10:12

Re: estimates here.

As SNF does, its not that hard to do with a spreadsheet. There are not many businesses you can model because you can’t know how well they are selling to customers.

Ok there are some variables but that still gives you ranges of performance. Then at least you can decide which is most likely, or which are at the extremes.

[dorset64] 09/1/2021 10:11

Nico, I read you on twitter and agree with a lot of what you put but to lambast SNF, when he has been bang on with his predictions so far, is just sour grapes by the look of things. In hindsight he has been far more 'right' than yourself going by your past posting history, one of which is included below.

SNF has quoted £10 is possible for Argo, maybe it is maybe it is not but with the world latching on the BTC in never before seen fashion, who knows where its price will go in the longterm and dragging along other 'industry' co's with it. I would definitely agree it will not shoot north straight to £10 or anywhere near it and it will take a long while to get there, but I don't believe anyone can say it won't hit this or that price in 1, 2 or 5 years time.

To contrast and if you look at your own posts to see how wrong you yourself gets things, you were only saying on the 28th December, only 10 days ago that the 'bulls' on this thread have got it totally wrong and proclaiming that Argo 'tomorrow' will not be above 30p never mind 38p, how wrong were you!

And again you were telling everyone that the bulls were getting carried away, well that remark hasn't aged very well at all.

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nico11528 Dec '20 - 11:45 - 9330 of 11498

I was merely stating we would be no where near 38p tmrw !! In time maybe but we won’t be above 30p never mind 38p

Bulls here getting a bit carried away !!

[crypto nugget] 09/1/2021 10:10

Good morning to all.

Personally I think listening to any bank trashing BTC is foolish. Its obvious the "mainstream" want BTC to fail as it threatens their cosy existence.

And the FT article beggars belief. Talk about the elite.

SNF is spot on following those that actually put their money into BTC - more and more institutions are now loading up on it, and more and more institutions will take stakes in companies that mine it - ie ARB.

I viewed yesterday's pull back here as very healthy. A lot of short term holders, day traders and weak hands have been rinsed out now.

BTC seems to be stabilising around the $40,000 mark and we don't have long to wait for the OTC RNS and then within a couple of months in the marked increase in capacity.

Sure BTC (and ARB) will remain volatile, there will be steep rises in both and 10% or more drops in value. My strategy is to buy on those dips and hold ARB till BTC gets to at least $100,000, which I have feeling will happen a lot quicker than the end of 2021.

I'm not 100% au fait with charts or the like, but could BTC reach that level with only minor pullbacks this time and not the sharp falls we've seen in the past?

Good luck all, looking forward to 8am Monday.

[yump] 09/1/2021 10:05

O/t The media are actually a liability for investors.

I still find it stunning that they frequently cover big falls in markets quite late, when the wise are buying and big rises when they’re selling. Lost count of the number of times they’ve featured dire results for a company and then you look at the share price to find its off the bottom and recovering. Then there’s Radio 4 telling us each day that the FTSE has risen or dropped 0.00000006 points.

[aidenabettin] 09/1/2021 10:03

Wish i was 55