Argo Blockchain Share Discussion Threads

[yump] 16/1/2021 09:06

Some key links to the published studies showing that TA works and which TA doesn’t work is not going to clog the BB.

The BB is clogged with all sorts of other stuff and claims about ARB are being made on the basis of TA.

So it is relevant and I’m not going to debate the studies, I’m just going to read them.

I bet quite a few others would like to read them as well.

I know about TA. There are hoards of books and courses.

What I’m interested in is validity studies.

[ccr1958] 16/1/2021 08:54

Good posts guys ..informative and interesting.

[aidenabettin] 16/1/2021 08:45

We are in the process of transferring fiat assets to crypto. The $ is dead imo. Markets will and are starting to trade crypto as well as equities on digital exchanges but the TAX man will get his money from the serfs.Everything on the planet will be tokenised eventually with Gold,Real estate and Finance taking the lead.Blockchain is changing everything with smart contracts(still in $link) and DeFi

[nico115] 16/1/2021 08:19

Some very good posts here I think Btc is mainly driven by money flows and positioning BUT technical analysis plays a part even if only 20pct as higher lows and a bullish trend with the right economic backdrop all helps Only thing that gives me caution and it's certainly not yet and not at these levels is What happens when the dollar rallies as we do inversely correlate with it ?What happens when equites crash as all risk assets fall and there's a good chance btc will as well?

[aidenabettin] 16/1/2021 07:40

2 prime examples of deals being done at an international level with all sorts of nonsense being posted on bb's from lack of revenues to Ceo's being attacked causing shareprice crashes to accommodate the deal price agreed behind the scenes. Now that the deals are completed or about to be completed or the deals enhanced or companies completes further deals the shareprice will rocket. The two companies are BIDS and BRSD.A big deal is being agreed behind the scenes involving ARB imo and for that reason i have no intention of selling short term. I will watch closely for anything that would resemble a BIDS/BRSD(TSI/BNR) scenario.I see ARB as a great company but deals/swaps do happen even with the best assets that made you invest in the first place.You can learn a lot on these bb's if you can spot the usual players ranging from those posting wildly high price predictions to an impending crash. Crypto and digital technology is here and is our future.This is only the beginning.Good luck all

[ridicule] 16/1/2021 07:31

Hence the saying Aiden: “Investing is a hard way to make easy money”

[aidenabettin] 16/1/2021 07:12

I'm not a fan of TA/Charts..For me its day to day market manipulation that automatically goes hunting for long/short positions depending on which side is weighted higher.Good/bad rns is secondry imo to market manipulation. Posters with multiple accounts will have some for bullish (long) and swap to bearish(short) and become very aggressive at times if their position is losing.Only guarantee of success is to be an insider.The rest?.Its pure luck even with indepth research it means nothing unless you have access to the insider information about whats going on behind the scenes and the deals being agreed between the UK and global players at a political level

[suffersnofools] 16/1/2021 04:17

Hi yump - it's not disrespect at all. I was merely pointing out to 2tyke that he is just going to clog up this BB with pointless posts as the debate with regards the value, or otherwise, of TA has already been done on here ad nauseum. We get that you are a sceptic, and your entitled to your opinion. However, telling us this every time a TA discussion comes up is a little tiresome, so why not respect those who enjoy TA and just ignore those posts?

[suffersnofools] 16/1/2021 04:07

I'm a holder and so are ARB, so hopefully it will do!

[ridicule] 16/1/2021 01:35

2tyke your proposition that BTC is an investment that can have Elliot wave analysis applied to it is flawed I am afraid. The speculative proposal that the $2000 welfare distribution COVID payments in the US will find their way into BTC investment and thereby corrupt Elliot wave BTC analysis is purely speculation.

What is not speculation is the fact Paypal with its 23 million merchants is now accepting BTC as a payment transaction currency, nothing to do with investment and Elliot waves. You also ignore the revenue earning from BTC mining and the consequent periodic 'halving' phenomena that materially affects the BTC market price, independently from the investment element driver.

These are the factors, coupled with the finite, never to be increased, number of BTCs that causes their progressive fragmentation that makes Crypto nugget's conviction that BTC will reach $100,000 plausible. Investment sentiment will be a factor in influencing the peaks and troughs on that journey, but so will the use of BTC to purchase and the Dark web to launder.

[craffert] 16/1/2021 01:20

Any views here on polkadot?

[nico115] 15/1/2021 23:12

Even though I studied Econ at Manchester Uni I didn't understand a bloody word so I gave up ..!!But clusters of volatility are interesting I like to look at IVOL and the premiums in BTC indicates price appreciation I also like the economic quad we are in of rising growth and inflation and dollar devaluation so I think btc carries on with this parabolic move I also know Alan Howard quite well and follow Saylor and these guys are to be followed The future is bright ..for BTC at least !!

[horneblower] 15/1/2021 22:56

The current situation with bitcoin...

[horneblower] 15/1/2021 22:52

I read it. It was heavy going but interesting.

Mandelbrot was a an interesting guy. He used the computers at IBM Research Center in NY to model fractals. It was actually very simple, straightforward stuff using imaginary numbers.

Elliot waves appear to be like fractals but are distinctly not.

[nico115] 15/1/2021 22:44

To predict asset price direction one must look at price volume and volatilityA great book for you to read is :Benoit B. Mandelbrot The (Mis)Behaviour of MarketsEnjoy and let me know what you think

[horneblower] 15/1/2021 22:32

Excuse me, nico. What is a volatility model?

[nico115] 15/1/2021 22:15

But but SNF says 36 quid and if you disagree you're a lemming Just like all the investors who bought at 5p and sold at 125p !! Cos we were meant to hit 150p that day yet we are 107p! Lol

[yump] 15/1/2021 22:11

SNF

I gave you the respect to say that your method obviously works for you. Bit by bit I see that disagreement with you ends up with disrespect back towards those who don't agree.

I'm not just going to believe you, just because you post something. You probably don't care because you 'don't suffer fools'. Put someone in the 'fool' camp when they don't agree with you.

I don't suffer people who post extraordinary claims and then produce no evidence, but that doesn't make a good username and I don't need to massage my ego with one.

[nico115] 15/1/2021 22:11

Looks v old list

[yump] 15/1/2021 22:07

All you chartists have to do to convince people like me is to link to some of these studies that you quote. Not just appear making claims and then dismiss sceptics.

Not the odd study. The ones that prove the point.

It is facile to say that all you need is price and time. Those are the result of many of the other variables in play. Also I am not a fundamentalist, otherwise I would not have done very well over xx years.

Every time I have asked any chartist for some real evidence, there has never been any links to anything independent.

You're the experts. These things are presumably at your fingertips.
Not somebody's book. Some real studies to read through.

Or just do what the religious lot do, tell me I just wouldn't understand, or its too complex to explain or whatever.

[gspanner] 15/1/2021 21:30

so 45% or so of this owned by instis now, 5% increase from last week.

[nico115] 15/1/2021 21:16

Still drinking whisky SNL10 qd 36qd Crazy man I like you suffer But u make me laugh Let's see if your bearish stance of btc to 27k is correct or it fails twice !!Night night my friend xxx

[suffersnofools] 15/1/2021 21:09

Thanks nugget,Appreciated but I can look after myself :)We all know what Nico is, even Nico, which is why he tries so hard and takes every chance to get a cheap shot in. We all know where BTC, and by inference, ARB are headed. So eyes on the prize.