Argo Blockchain Share Discussion Threads

[alm6] 14/1/2021 22:08

Hmm this looks like the beginning of an Eliot wave not the tail end to me. Still got the top to come before the correctives...

[2tyke] 14/1/2021 21:38

Do you mean btc is dropping count ?

It will do.
The rise from the lows is what's called a B-wave. It's a technical corrective wave before another powerful wave down. It's part of the bigger ongoing correction from btc reaching about 42k which was the 4.618 fob extension.
Short-term very painful for holders.

[uapatel] 14/1/2021 21:27

Argo Q&A PT 3

[countdracula55] 14/1/2021 21:19

Oh dear, its dropping off a cliff ffs.

[crypto nugget] 14/1/2021 21:02

US equivalent close around £1.19.

[crypto nugget] 14/1/2021 20:55

Although its exceedingly early days, and the chances of it happening this year are probably next to zero, it's worth remembering that in last night's video, Peter Wall did say that the question of dividends is something the board will be discussing later in the year.

So, if any of the forecasts for BTC come true and it is over say $100,000 by the end of 2021, it may just be that a token dividend could be declared in 2022, especially if you factor in the increased capacity coming on line very soon.

[sideshowbull] 14/1/2021 19:50

BTC is not for transactions it is CRYPTO gold.


However I transfer BTC for a lot cheaper than that. You must be getting bummed.

BWTFDIK

[tradeforce] 14/1/2021 19:50

Many thanks guys.

[hootza616] 14/1/2021 19:39

Please would you humour me by answering my question. What would the transaction fee be when 1 BTC is valued at $1m? Still 0.0001 BTC?

[maddymoo] 14/1/2021 19:31

So if Max Keiser's prediction is correct where do you see the share price. I know valuations were posted some days back but I can't find the breakdown in the thread

Thanks Moo

[hootza616] 14/1/2021 19:31

https://www.otcmarkets.com/stock/ARBKF/quote

[qs99] 14/1/2021 19:31

Type in ARBKF and you will get some links!

Good evenings everyone 👍
Cheers
QS99

[tradeforce] 14/1/2021 19:21

How can you see the price of ARB OTC?

[yump] 14/1/2021 18:45

I don't think it was a disappointing day. Surely never going to just blast through 120p without BTC well above 40K. 120p half way to 140p and an obvious sell point, if you're inclined to take something out in safety.

Possibly a few traders bought at £1 ish and then sold at 118p ish. I hardly ever trade, but did a big chunk approx. on those prices as it seemed likely that it wouldn't go straight past after the dip to less than £1.

re: OTC fireworks: If you came to this fresh in the UK and it had already gone from 5p to 100p in the US, would you start buying heavily ?

Basically at 5-10p ARB was following BTC, then it disengaged and its value became more realistic, given that its profits are heavily geared to the BTC price. Its no longer a blatant bargain, its become more of a stock where you take a longer term view - as in a few months !

[sideshowbull] 14/1/2021 18:31

For clarity, I do not hold any ARB.




Just BTC

BWTFDIK

[nico115] 14/1/2021 18:29

Totally agree QSMy only worry is H2 when equites crash and dollar rallies I may sell in June and revisit later Great to have our "mates " back Me SNF Horne Qs Fozzie crypto and one of two others Long may it continue ..all good people

[fozzie] 14/1/2021 18:18

The guy that two years ago predicted the closing price of Bitcoin for December 2020 correctly has predicted $220,000 closing price for 2021 and thinks we could get there by October, I think it was Max Keiser.

[qs99] 14/1/2021 18:16

Interesting articles today talking about impending inflation in next few years....with so many trillions printed globally, but specifically the USA, that IMO would not be surprising.....likewise weak $ meaning imported inflation......if that is the case, then one of the BTC attractions to many instis is as a store of value as a hedge against inflation....more reasons they may allocate a small %......

DYOR

welcome back SNF mate

Cheers
QS99

[crypto nugget] 14/1/2021 18:14

Good to see you moniker again SNF - you did say you'd come back at 150p.

So, I think you should certainly reconsider. It's not the same board without you and your invaluable advice and comments.

Give it some thought.

ATB.

[sideshowbull] 14/1/2021 18:14

I just scanned through posts, man are there some people who have absolutely no idea what they are talking about.

BTC is here to stay.

No way anyone can control it, will caveat with "soon" (may be a few months), will probably only be 17m ever, think may be lower.

Seriously take any tech info from Matt as good info.


Chart wise price goes above 41250 I see 56k easy.

I have 288k BTC projection.

BWTFDIK

[nico115] 14/1/2021 18:11

Good to see you back SNF I knew you couldn't resist !!Ignore the trolls Your price targets give us allHope of great profit here Btw I have raised my btc price targets 2021 from 180k to 260kDecade target 2m vs 1.2mThis should help btc price rise as this news gets into the media

[mnomis] 14/1/2021 18:01

Welcome back Suffers!