Argo Blockchain Share Discussion Threads

[yump] 24/1/2021 17:30

For anyone that's interested in number crunching:

[aidenabettin] 24/1/2021 17:29

hTTps://dailyhodl.com/2021/01/24/crypto-guru-chris-brummer-is-bidens-top-pick-to-head-cftc-report/

[aidenabettin] 24/1/2021 17:24

I disagree that the future shareprice is based solely on the value of $BTC. I believe M&A will give us a short/medium term boost but the deal that has been agreed imo was definitely not at $1.25p.Standard procedure to pull back a racing share price ie a ceo selling followed by a placing with the usual ongoing attacks. Only difference is they dont attack the Ceo or the company. Just the shareprice .Done it at BIDS and BRSD and both of them are going to rocket..ARB awill donthe same imo but not until the deal price for M&A is reached. Would be very strange if thecdeal price is way below 80p as ARB just continue to bring in the revenue and now with even greater capacity

[suffersnofools] 24/1/2021 17:22

I just don't see how we can't be.- most efficient miner by far- lowest MCap by far- expansion hardware already being installed This at a time when other miners are unable to expand capacity due to mining hardware shortage. How else do they grow?

[crypto nugget] 24/1/2021 17:18

Thank you for your reply SNF.

An interesting article I cut and pasted there on the musinga of Keiser.

I too think we are a bid target - £3 would be very nice thank you!

[nico115] 24/1/2021 17:11

Problem is you place allYour hopes on a Blofinity video What if they are wrong ?There is zero chance of 300p being reached unless btc is 60k plus If btc is 32k then talk of 300p is a ramp by you suffer Get back in that whisky mate !

[transhoneyqueens] 24/1/2021 16:59

will will see 30p soon or lower

[suffersnofools] 24/1/2021 16:35

Sorry but that's rubbish Bapodra.Out margin increased to 70% in December. Small increases in margin have geared impact on profits. Taking a 50% average margin for the year is as useful for a realistic projection as one of Yump's chocolate teapots.I suggest stop wasting your time on noddy projections and instead refer to the excellent models created by Blonity.

[aidenabettin] 24/1/2021 16:34

hTTps://cointelegraph.com/news/the-united-states-updates-its-crypto-aml-cft-laws

[yump] 24/1/2021 16:32

In December they told you they did 96 BTC, you don't need to calculate it !
Those calcs are way off.

"People" are not forgetting the costs, its just that everyone has 1/2 the story and there's nothing on here to allow a complete or even 3/4 complete picture of the finances.

Silly thing is its not that difficult.

Sometime later I will start another thread with a big header, with the variables in it. Then at least people won't miss bits off their valuations.

This bouncing around of random figures is really getting on my nerves.

[aidenabettin] 24/1/2021 16:30

The date of birth on your verification method does not match your previous date of birth.Oh yes it does.Unable to re-verify.If account unverified by Nov 21 it will be off boarded

[seraha66] 24/1/2021 16:25

209 Bitcoin at a GBP market price of £21,213 from 31st Decemeber
would have equated to £4,433,413 in value.

The same 209 Bitcoin at current GBP market price of £23,255.7
would equate to £4,860,441

Though they will mave mined more crypto since.

Hope this helps

[aidenabettin] 24/1/2021 16:24

hTTps://news.bitcoin.com/coinbase-issues-a-public-apology-to-eu-and-uk-customers-did-not-address-its-global-issues/

[transhoneyqueens] 24/1/2021 16:20

would not be surprised if we test $20 agin before feb 27th..

[aidenabettin] 24/1/2021 16:19

Easiest way for the big players to take control other than holding large amounts of $BTC is to block access to the PI.A word with Coinbase and other exchanges can stop the PI in his tracks as we can now see as volumes drop off. I still cant fund coinbase after multiple attempts at verification. Ive used Coinbase for a couple of years.Very dirty

[seraha66] 24/1/2021 16:17

For the avoidance of confusion...

The December Update from 5th January stated:
"At the end of December, the company held 209 BTC in Bitcoin and BTC equivalents, in accordance with the Company's asset management strategy"

[hootza616] 24/1/2021 16:16

How many have Argo mined, how many do we hold? What's your definition of most?

[investorgeek1] 24/1/2021 16:14

Not any more due to the recent raise.PW said in one of his 4 recent podcasts that they will now HODL all mined Bitcoin, also they no longer mine for 3rd parties.They are self sufficient and are banking BTC for the future when it doubles + in value.

[hootza616] 24/1/2021 16:13

I think the clarifications made my Lagarde and Yellen gives us the best indication of how top financial institutions now influence the future of BTC. Only the big instis can lobby top political figures in this way. I find it disgusting that the political elite can devalue everyone's pocket money while attempting to belittle one of the only real alternatives. Never been more bullish BTC after this. Positive regulation and mass adoption seems inevitable now IMHO. It's a long way up!

[nico115] 24/1/2021 16:11

I think they keep most of the mined coins and only sell enough toPay for costs

[hootza616] 24/1/2021 16:07

7rademark, they sell most of the mined coins each month to pay for running costs.