Argo Blockchain Share Discussion Threads

[aidenabettin] 16/1/2021 15:33

I was thinking private companies not listed but you never know. hTTps://investorplace.com/2021/01/3-crypto-mining-stocks-set-to-benefit-from-bitcoin-record-riot-btbt-mara/

[mnomis] 16/1/2021 15:30

And if no time to read, 2 key takeaways: 1. Average Weekly Investment – Grayscale® Bitcoin Trust: $217.1 million Q4.
2. Majority of investment (93%) came from institutional investors, dominated by asset managers. (May refer to total investment, but get the idea).
One other titbit ... it seems Grayscale took a holiday from buying BTC for start of Jan (is tracked on twitter). For as good as TA is, this I find very helpful to understand too.

[mnomis] 16/1/2021 15:25

All interesting chat (some more than others). Thanks for channels and Northstar tweet. Not Elliot Wave, but what I have been watching, as a bit more simple. Helped me to buy more ARB at £1 as BTC bounced off bottom of channel, plus a lot of support at £1.

To add something to the chat, this may be of interest ...
hxxps://grayscale.co/insights/grayscale-q4-2020-digital-asset-investment-report/?utm_medium=social&utm_source=twitter&utm_campaign=2020_q4_investment_report

[suffersnofools] 16/1/2021 15:12

Or a loss making miner like Mara.

[suffersnofools] 16/1/2021 15:11

Typo - meant 'present' ;)

[yump] 16/1/2021 15:08

I imagine ARB would be an attractive base to expand on, if funds were looking to invest, given their efficiency, it must be quite embarrassing to be another miner with only 50% margins etc.

So what's the secret to ARB's efficiency, is it expertise, timing of machine purchases, relationships - difficult to grasp.

[aidenabettin] 16/1/2021 14:43

Are you suggesting a group structure when saying 'Parent' ?

[aidenabettin] 16/1/2021 14:33

Agree 100%.Im looking for targets.Luxor have to be on the list

[suffersnofools] 16/1/2021 14:23

That's why Peter has engaged a US financial PR firm. They will raise money to fund expansion. I've got no problem raising money around parent levels as the payback in terms of valuation will be many fold.

[noirua] 16/1/2021 13:02

Max Kaiser -

[noirua] 16/1/2021 12:58

"We do not think BTC is a bubble; we think BTC is the last remaining functioning fire alarm that has not been disabled by policymakers, and it is issuing an increasingly shrill alarm about the USD and fiat currencies more broadly.

We have little doubt that policymakers will attempt to disable BTC as a functioning fire alarm as well, but its traits make that far more difficult to do to BTC than they have thus far done with gold."
~ Luke Gromen

[horneblower] 16/1/2021 12:56

gostaa, 32,500

[nico115] 16/1/2021 12:54

If btc is 37500 at 8am Monday what will Argo open at ?110-115?

[gostaa] 16/1/2021 12:40

BTC failed to hold 37700. Back to 35k?

[aidenabettin] 16/1/2021 12:27

What about linking up with Luxor in an M&A.What's the Luxor value?

[2tyke] 16/1/2021 12:10

SNF,

Yes, fib extensions and also elliott wave chanelling techniques.

[aidenabettin] 16/1/2021 11:51

Proceeds Of Crime and Unexplained Wealth Orders

[aidenabettin] 16/1/2021 11:50

Once Brexit completed and UKGDPR is now stand aloc i think we will see a big increasre in the POC and UWO sectors

[netcurtains] 16/1/2021 11:46

Ah - its the number in circulation that held them back. I see.

Hence the insane prices now as criminals try to out bid each other to get the loot!

I suspect this is all going to end in tears as governments start to take the assets of drug barons - including their horde of bit coins.

This is not going to have a nice ending.

[aidenabettin] 16/1/2021 11:40

Well we dont have the money to do it on our own in a big way although it could be like BIDS who bought Pubguard (private) for an all share purchase..If we had a SPAC RTO we could expand beyond just mining imo.That will be my next research to see how we could possibly diversify .All speculation of course

[gspanner] 16/1/2021 11:36

Good videos of PW, number 2 he says they may use the money from warrants to hodl more BTC....