Argo Blockchain Share Discussion Threads

[yump] 28/1/2021 11:51

You really are an arrogant know-all aren't you - assuming nobody here knows about correlations and statistics.

Considering your first post was 14th. Jan.

I suppose you were quietly accumulating through last year, based on your wonderful system ?

No ?

You should just make way for the folk that were and listen to their reasons why they bought in, instead of preaching your one-method here.

No credibility.

You should publish a blog of predictions based on your method and see how that plays out.

Or just stand on a box at Hyde Park Corner, after covid has gone.

[2tyke] 28/1/2021 11:48

Nico,

Think you'll find that ARB has fallen a bigger percentage...and that IS for you apparently..lol.

[mnomis] 28/1/2021 11:46

zzzzzzzzzzzz (@ 2tyke for umpteenth lecture without any useful information)

[cottlet] 28/1/2021 11:46

are people selling to pay tax bills? due 31 January.....?

[gtaval1] 28/1/2021 11:46

You really are an idiot for even thinking that was a bearish post.

[2tyke] 28/1/2021 11:43

Correlation isn't about looking at any charts whatsoever yump.
It's about ticker prices having a bigger statistical likelihood of rising or falling together (direct), or prices doing the opposite to eachother ( inverse). There are some on here that believe that means that ARB price just follows btc price. It patently doesn't.
Correlation is only a statistical bias and may only last for a short time.
It is actually just as meaningful ( but equally incorrect), to say that btc us rising just because arb is rising. There us no difference and NO real meaning outside the traded world of stock tickers.
Don't mention it yump.

[aidenabettin] 28/1/2021 11:38

Can they print more $BTC.No off course not

[nico115] 28/1/2021 11:36

Obc fallen from 100p to 49p Not for me ,thanks

[2tyke] 28/1/2021 11:31

I'm not bearish btc nico.
I'm bullish like you fella.
Arb doing ok...not keeping pace with the mighty OBC, but you can't have everything !

[yump] 28/1/2021 11:31

Definitions:

- a mutual relationship or connection between two or more things
- interdependence of variable quantities.

Or whatever you want it to mean to suit your argument, which unfortunately is what the conspiracy lot do.

So ARB could go down when BTC goes up and they would still be correlated.
In this case there appears to be a positive correlation.

However, if you'd looked at the correlation before ARB shot up, you might not have seen the potential, because they appear linearly correlated.

Prediction is the art of looking at the business itself and suddenly realising that it was not linearly correlated to the BTC price and that it should be geared, because of profits being geared.

That didn't require any sort of chart.

[suffersnofools] 28/1/2021 11:30

Gtaval - they can say what they like - they have no control

[gtaval1] 28/1/2021 11:30

Sorry, it's live now.

[nico115] 28/1/2021 11:26

Every one here is bearish bitcoin Love it I keep buying 39k v soonLet's front run Saylors conference when a herd of buying will appear

[gtaval1] 28/1/2021 11:25

Davos meeting currently talking of resetting digital currencies. Tune in if you are interested. Sorry for the ot.

[janhar] 28/1/2021 11:24

BTC ticking better

[2tyke] 28/1/2021 10:52

I'll have a look this afternoon horneblower and let you know if I agree :)

[hotaimstocks] 28/1/2021 10:41

looks like its being shorted again

[suffersnofools] 28/1/2021 10:40

Your investment skills a2b

[trentendboy] 28/1/2021 10:39

Surprising ARB not stronger given BTC movesGuess overall market nerves but looks very cheap

[horneblower] 28/1/2021 10:32

You haven't told me what's wrong with the previous one yet! ☺

[2tyke] 28/1/2021 10:25

I do only use the phone app horny. I'll go on the computer later to look at your chart and tell you what's wrong with it.
There is 'correlation' between the two charts. My point is that some on here think that means when btc rises...so does arb.
That's not the case and NOT what correlation means.
That's my point horny one.

[horneblower] 28/1/2021 10:19

2tyke says he/she cannot see the charts on the thread presumably because he uses the phone app only.
No correlation here by jove...

[aidenabettin] 28/1/2021 10:17

Thatcher rurning in her grave at the thought of market regulation .The elite tax dodgers wont allow it

[2tyke] 28/1/2021 10:13

Aiden,

It doesn't matter who calls fir regulation, it won't affect btc.
Bitcoin has no outside influences...it isn't real.
Bitcoin has risen over the last day anyway. Arb has fallen...interesting for some to take note of what 'correlation' actually means.
Still...the mighty OBC on the mighty OBC on the up...lol