Argo Blockchain Share Discussion Threads

[alm6] 13/1/2021 20:07

I'll admit to not being formally trained in this area so will defer to your expertise :)

[sideshowbull] 13/1/2021 20:04

alm6 - you do know that a head and shoulders is a topping pattern?


Not even close to H/S however I see why you may think that, I see something else and to me it is very bullish.


I am calling 56k BTC T1 then 258k


BWTFDIK

[mick sturbs] 13/1/2021 19:52

Hi trademark. Check out MODE if you’ve not already, still got plenty of scope for huge gains there imo.

[nico115] 13/1/2021 19:50

Yes 365 days a year !!Great making money over the weekends !!

[7rademark] 13/1/2021 19:48

Does bitcoin trade 24/7

[nico115] 13/1/2021 19:46

Totally agree and that's why bitcoin will rise Huge stimulus Lower dollar 39k first stop after my 30k held

[countdracula55] 13/1/2021 19:35

Excellent post parsons4.

[parsons4] 13/1/2021 19:27

Why do people keep looking at charts and listening to the mainstream ?? Let's face it BTC has been successful against most of the people "who know " !!!!!.It is pure economics at the end of the day. The world is printing CURRENCIES that is just paper and a promise to pay as long as interest rates stay at .1%. But what is an alternative GOLD yes SILVER yes but the powers that be are holding them back (so far). They really don't know yet how to deal with BTC because it is honest !!! probably being used by the drug lords and all the Chinese getting money OUT !!! This is just the start of a very interesting few years when Capitalism fails !!!!

[alm6] 13/1/2021 19:16

*resume it's bull run

[alm6] 13/1/2021 19:08

Look at Bitcoin over the past month, forms a textbook 'head and shoulders' pattern typical of a switch between a bull and a bear market. We were at the testing point - would it go back down to 30k and below, completing the pattern, or breakout and resume its bear run.

[trentendboy] 13/1/2021 19:03

Check ZcashArgo actually doing well across the board With BTC flying again we are likely to be back up towards 120

[sideshowbull] 13/1/2021 18:59

aim6 do tell of this bear pattern that has broken..


I am still a massive BTC bull so would love like minded chart geeks to post.

BWTFDIK

[nico115] 13/1/2021 18:57

Yup 39k is first stop My 30k held and now expecting 39k and will re evaluate at that point

[alm6] 13/1/2021 18:55

Looks like the Bitcoin breakout we were looking for - bear pattern broken.

[nico115] 13/1/2021 18:43

Gogo Btc A v good webinar on Bitcoin is the Skybridge one Enjoy it Crypto if you have the time

[crypto nugget] 13/1/2021 18:34

BTC back over $35,000 again.

That's a start.

[crypto nugget] 13/1/2021 18:23

investorgeek1 - thank you.

This is an excellent thread for an exciting stock, linked to something unique - BTC (ans Z-cash), and for the most part posts are sensible, balanced and very informative.

All of us surely are here for one thing, and we really can't afford to lose the views and expertise of SNF and Nico together.

Hopefully they'll kiss and make up tonight and normal service will be resumed from tomorrow.

[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.