Argo Blockchain Share Discussion Threads

[crypto nugget] 13/1/2021 18:21

nico115 - re the 60p for every $10,000 on BTC - i'ts merely my guesstimate that's all.

I'm just loosely looking at past performance and throwing in some figures for the gearing effect too.

Just to go back to SNF - he has quoted "£3 nailed on". I don't think any of us could argue with that if BTC shoots past $70,000 or so.

[investorgeek1] 13/1/2021 18:11

Crypto - that is the best post I have ever read, well done sir and may all take heed. The better and more informative this thread is then the better for all - as we all have the same hope, which is for Arb to reach 2,5,10 pounds. GLA.

[nico115] 13/1/2021 18:04

Im not dragging it on I was merelyReplying to crypto Surely this is more exciting than Eastenders?!! Grown men arguing lolAnyway Snf will be back ! Unless we fall : ) Have a good eve

[investorgeek1] 13/1/2021 18:00

Please - all draw a line under it and move on as it's getting boring, SNF said he's away until 150p and you're dragging it on, I'm here to discuss and (mainly) gain tips and knowledge from much more experienced people than me .. I can switch Eastenders on if I want to listen to pointless stuff.

[leoneobull] 13/1/2021 17:57

Second thoughts ...anybody seen the huge volume of large delayed trades????

[leoneobull] 13/1/2021 17:57

About time the yanks started buying, need to offload mine

[nico115] 13/1/2021 17:54

Appreciate your message Crypto and I apologise if I've been rude to SNF about his 10 pounds target and instead of taking the mickey I should keep my thoughts to myselfMy main gripe and still is ,when SNF calls sellers here lemmings ,firstly that's crazy as people have made a hell of a lot of money and secondly today's rns was never gong to set our share price alight !! Please tell me why a 10k rise in btc equates to 60p rise in Arb Thanks v much Your message was a very nice one Nico

[crypto nugget] 13/1/2021 17:35

nico115 - You post some decent stuff, but I think you have misunderstood SNF's view of £10 here.

If you break it down into segments, it might be easier to see.

Currently BTC is at $34,700 and ARB have closed around the £1 mark.

Many eminent forecasts for BTC this year point between $100,000-$216,000.

We now trade on the 2nd tier of the OTC and its possible we may get a full NASDAQ listing at some stage.

When BTC was flirting with $40-42,000 we peaked around the 140p mark, so I think it could be generally agreed that BTC around $50,000 we'd see £2.

We have extra capacity coming on in the next couple of weeks, and more capacity after that will be added in February.

If you note the gearing here, I'd say every $10,000 rise in BTC that consolidates and holds would add around 60p to our sp, so a $100,000 btc would, in my estimation, give a £5 price for ARB. I do seem to remember SNF alluding to that figure.

There are those calling BTC a lot higher than $100,000, I've read three forecasts ranging from $216,000 to $400,000 and eventually $1m.

Given the exuberance generated when BTC rises I think it quite reasonable to at least pencil in that £10 is possible here. As you'll know prices always overshoot on both the up and downsides.

Also our extra capacity will count for a hell of a lot in the next 12 months. Its feasible we may have 500 or more BTC in treasury by this time next year, and if they are worth in excess of $100,000 each that's good going.

And, of course, we are always a take-over target.

I've no doubt SNF may still be reading this thread, it's too good not to. I wouldn't call him "rude", but maybe "blunt". After all though he doesn't "suffer fools". Not that you are by any means.

Why not private mesaage each other, settle your difference and BOTH contribute your positive and valuable views here to the benefit of us all?

GL.

[g2theary] 13/1/2021 17:25

ARBKF on the up so should reflect on the price here if it carries on :))

[nico115] 13/1/2021 17:16

Thanks Hootza and thanks for your thoughts I think we have some short term indigestion and then we should rally to 150p with a rising btc price so I'm in agreement 10 quid is nigh impossible

[hootza616] 13/1/2021 17:11

My sentiments entirely Nico. For the record I sold at 20p not 30p and have been back in and out many times singing the Okey Cokey! Made more money than I ever expected here and not bitter or angry. If anyone's interested I believe the negative media will help drive BTC price higher to £50k by end of Feb latest and ARB will peak at £1.50 with new machines up and running.I have been wrong many times so please note the value of your investment can go up or down, by a lot in a very short time :) GLA

[nico115] 13/1/2021 17:01

Suffer will be back No problems with him except he's bloody rude saying sellers here are lemmings even if they bought at 5p!!And his strong view that we will be 10 quid and a mkt cap of over 3 billion isn't just crazy but suckers in buyers who believe that bullAnyway ,here's to argo at 2 quid I was wary of suffers belief that we would be strong today on back of rnsDon't forget it's always better to travel than arrive

[trentendboy] 13/1/2021 16:36

Got to remember the price targets of BTC are still over 100,000Then what price ARBBut and Hold Arb - very simple.

[alm6] 13/1/2021 16:08

While the 250 mil Mara offering might not be enough to acquire ARB, it should be enough to acquire bit farms... maybe time to increase Mara positions?

[ronson333] 13/1/2021 16:07

SNF you’ve been a great help...Nico is a cheap mans SNF

[evec89] 13/1/2021 15:55

Noo come back SNF :( I’ve learnt so much from you! And the rest of you too - thanks so much for the helpful tips and advice for an absolute newbie.

[gspanner] 13/1/2021 15:54

A bit surprised by the US vols if I am looking at the correct quote (2m v 10m) quite recently.

Sti Rome wasn’t built in a day, Zcash doing very well.

[yump] 13/1/2021 15:49

Eventually everyone will have decided what to do at £1 I guess.

[crypto nugget] 13/1/2021 15:43

Well, some of us will miss your invaluable contributions SNF.

Hurry back.

[pal44] 13/1/2021 15:37

what is the lag in minutes between BTCUSD and ARB prices must be a few minutes anyone worked it out yet as it does not truly follow ..

[suffersnofools] 13/1/2021 15:25

A parting phrase for you to ponder Nico, along with self-esteem issues and why you're as popular on this bb as dose of the clap :)'Hoist with his own petard'See you next week Xx

[supertag] 13/1/2021 15:23

Sold a few for a profit of 1783%. Happy to see how this pans out with my remaining shares.
GLA Supertag

[the chairman elect] 13/1/2021 15:12

Buying opportunities in many of these BITCOIN MINING & BLOCKCHAIN plays including of course LSE:ARB and TSXv:BITK

[nico115] 13/1/2021 15:08

Not lemmings are they : ) Seriously ,you rang the bell !!

[nico115] 13/1/2021 15:01

Haha see you in 6 months then !!