Argo Blockchain Share Discussion Threads

[aidenabettin] 20/1/2021 05:29

hTTps://insidebitcoins.com/news/bit-digital-bitcoin-mining-firm-sees-market-cap-surpass-1-billion

[aidenabettin] 20/1/2021 05:05

Dubai taking the right direction for crypto regulation.One of our new digital tax havens joining Malta,Estonia,Gibralter,Mauritius et al.UK tax havens closing down to be replaced with global tax havens. hTTps://coincentral.com/crypto-tax-havens/

[aidenabettin] 20/1/2021 05:00

Always good to wake up with a laugh.And a successful overnight short.Again.Short before bed is my TA and your charts will prove it.

[aidenabettin] 20/1/2021 04:57

So many words when ' manipulation' would suffice

[haretortoise1] 20/1/2021 04:26

Interesting to note that Peter Wall's video Twitter Q&A's highlight that since listing on LSE they have been in profit even at the lower levels of BTC pricing.

[haretortoise1] 20/1/2021 04:19

hxxps://www.financemagnates.com/cryptocurrency/exchange/coinbase-acquires-blockchain-infrastructure-firm-bison-trails/

Coinbase looking to further bolster.

Anyone seen anything a little more definitive on IPO news and likelihood of timings etc?

[haretortoise1] 20/1/2021 04:14

Can't help that Dubai's news is at least some good news.
A financial authority at least talking in the right direction of regulation

[haretortoise1] 20/1/2021 04:09

hxxps://www.financemagnates.com/cryptocurrency/regulation/dubais-financial-watchdog-plans-to-regulate-cryptocurrency/

[1knocker] 20/1/2021 00:19

Tether is not merely a small crypto, which can rise or fall (or even fail) without adversely impacting any other crypto. It is the currency (tied to the $)in which major crypto transactions on the exchanges are made. That is why it has systemic significance. In that respect it is quite different from Ripple for example, whose travails have served merely to encourage purchasers to favour the longest established and strongest players such as BTC.

[brasso3] 20/1/2021 00:00

When one of the small players drops out if just forces money into the best (BTC)

[1knocker] 19/1/2021 23:55

It will no doubt be a wild switchback ride with this company, as with BTC. I have no idea how accurately your charts, waves, and what have you will play out folks, but they are probably as good a guide as any to entry points for those building long term holdings. The most serious (serious in relation to its consequences rather than its likelihood) potential threat I can see is the failure of Tether. If that is fraudulent and its dollar backing is not as asserted, the crypto exchanges will catch a nasty (in some cases terminal) cold, the crypto market will lose liquidity, and crypto prices will fall very sharply. BTC will survive of course, but Argo and other miners will take a big hit. Is Tether sound? There have been rumours for years, and it is under investigation, but confidence is unshaken so far and it is such a strong business model as an honest business that there is every incentive to keep it clean; as a true digital currency, a digital dollar backed with dollars, it stands or falls on confidence in the truth of the promised backing.Loss of confidence, whether justified or not, would wreck it. So while the integrity of Tether is probably not a matter which should keep us awake at night, the damage a failure of Tether would do is a salutary reminder that whatever riches one may dream of (and some have already made)in the crypto field, and however good the one term may look, best not to bet the farm.

[maddie275] 19/1/2021 22:55

Thank you 2tyke.
I won’t pretend I’m not slightly out of my depth here inasmuch as I am not experienced in the technical ‘arts’. (Until this investment - very recently - I have stuck to solid research of companies I have been able to on the basis of ‘fundamentals’ and potential growth and profitability.
I took a position here so as to have SOME stake in the crypto market without having to buy particular coins.
I’ll accept that as naive.
But my modest position reflects my limited understanding.
Just thought I’d have some skin in the proverbial game.
Genuine thanks for your response.

[nico115] 19/1/2021 22:46

I'm off to bed Buyer of Btc at 34k Ignore all the 27k bears on here ..they will be proven wrong Nite nite all xxxxxArgo range bound this week x

[2tyke] 19/1/2021 22:27

Insider information is if no use in the markets.
I've already pointed you to many studies which have categorically shown that if you knew something about a company 'IN ADVANCE '....it wouldn't help you one jot with the share price
Just like grayscale...
Next.

[aidenabettin] 19/1/2021 22:21

Is it 100% accurate and if not how much error is acceptable?.If its not 100% accurate then its flawed.Insider information and dealing is 100% accurate .Your charts and TA have no chance against market manipulation.your obviously very passionate about it so i will leave it at that.Good luck

[2tyke] 19/1/2021 22:17

Maddie,

They are both in consolidation patterns and are thus correlated. But the exact patterns of each are different.
The volatility of arb has resulted in a more complex correction lower. We could by using trendlines ( if one is a technician) estimate roughly where arb would likely reach if bitcoin were to drop say to 27 k. This could only be done technically. There would be no meaningful way of doing this otherwise. It would be sheer guesswork without using TA.

[2tyke] 19/1/2021 22:09

It doesn't matter what anyone connected with a company does....the stock is a different entity that does it's own thing.
Argo blockchain is a company. It has directors, profits, events.
ARB is a traded stock ticker...so that moves in the usual established patterns.
ARB will not always follow bitcoin, even though they are currently strongly correlated.
ARB will also experience increased volatility. But that increased volatility WILL always fit within the limits of the chart pattern.

[aidenabettin] 19/1/2021 22:00

[M]y focus as a Riot Advisory Board member will be assisting the Company in its evaluation of growth opportunities, by sharing my expertise in optimizing operations, enhancing marketing strategies, and pushing forward our shared goal of decentralizing Bitcoin mining hashrate by increasing the American footprint in the space.'. hTTps://www.nasdaq.com/press-release/riot-blockchain-announces-new-advisory-board-member-2021-01-13

[aidenabettin] 19/1/2021 21:54

What price did you open the short?.Its holding up pretty well to be honest and with new PR and FINANCIAL establishments coming on board in the US i have a feeling that if we dont go the SPAC route we could see an M&A with RIOT imo

[maddie275] 19/1/2021 21:47

I’m following the chatter here with interest and have to say I’m learning a bit. (Mostly, whose opinions I’m inclined to back and ‘believe’; versus those I just have to ‘rubbish’;..!).
Thanks to all who are contributing their own particular expertise.
A lot is being made of the perceived support and resistance levels of BTC. (Of which, I’m sure, there are a few). But the ‘common’ projections involve a ‘bottom’ at 27k (via 33/34k). And a top of 41k (via the 38/39k that seems hard to break..?
Could anyone suggest where ARB might sit if 27k IS reached..?
And could anyone suggest if the recent placing might have nudged us ever so slightly ‘out of line’ with BTC..?
My sense (and it is PRECISELY that - just a sense) is that with ANY shift of BTC lower, we might move towards the placing price more ‘magnetically’..?
Seen similar elsewhere... nearly always..!
Thanks all...

[yump] 19/1/2021 21:40

No its not believe me.

[2tyke] 19/1/2021 21:27

It's a traded asset....and all traded assets move in exactly the same patterns.
There is no control..no conspiracy....no outside influence.
You may as well accept it, because it's true.