Argo Blockchain Share Discussion Threads

[aidenabettin] 18/9/2019 07:12

Dont buy ARB .BUY BUY BUY $BTC $ETH and $XRP and little old $VEE

[supercity] 18/9/2019 07:08

Is there an infinite amount that can be mined or is it dependent on how many transactions are being made at the time.The reason I ask is that if these machines are readily available to buy and can earn their outlay back in a matter of months and these bitcoins are easily exchanged for cash then it won't be long before others with deep pockets are setting up their own businesses. If there are limits to the amount that can be mined and more businesses open then obviously the amount to go around will be spread and the monthly amount mined will drop.If it doesn't work like that it won't matter.You can see that if it is such a simple but very rewarding business model within months many more will likely start up.

[hamidahamida] 17/9/2019 21:41

Recession is coming Hedge your investment Buy ARB The biggest listed Bitcoin miner by 2020https://twitter.com/sharepickers/status/1173953290771619842?s=21

[horneblower] 17/9/2019 20:26

It's nice that Bitcoin and ARG charts are so closely aligned. It helps with the analysis.

Over the past four months btc has been in a consolidation pattern...a pennant on top of a flagpole.

Over the same period ARB has performed an almost perfect bull phase, in Elliot wave parlance an ABCEDE....which now expects a bear phase (however small).

Bitcoin looks, in the short term, to need to fall at least to 9,600.

Assuming it does this, I hope to buy ARB at 8p.

Good luck all.

[horneblower] 17/9/2019 19:57

Liveit2
Don't worry too much about it.
You won't be the first to be deluded.

[danatkins] 17/9/2019 16:57

Yep I get all that. Just I think there is much focus here re btc. Just saying. This in a mining co. That's it that's their space

[liveit2] 17/9/2019 16:34

dan its all related to algos and making sure internet transactions are secure and honest - btc algo will be the model all other altcoins aspire to - beauty of arb is they can adapt

if not btc they will redirect focus - they have capacity and cheap power

the usecases for secure and honest transaction, be it medical, manufacturing, banking or technology are huge -

the doubters are either the losers or those who don't understand the benefits

[danatkins] 17/9/2019 16:18

This is just me thinking out loud but some pros keep hanging on about btc where I see this company mining coins related to the block chain which is staying for good regarless of the coin in question. All one needs is access to the best tech and cheap electric

[liveit2] 17/9/2019 16:18

roger, assume btc generated the same as last update. numbers should be higher in september as more miners expected to come online and more power will be available.

divis in btc - yes please but i suspect not many traders will have wallets

not sure why divis expected? aligned research came up with that to entice investors - but i wouldn't hold my breadth - they r just assuming as arb haven't confirmed

[fuji99] 17/9/2019 16:14

They usually "realise" how undervalued it is once they finish filling their boots and the PI's left behind.

[roger207] 17/9/2019 16:09

How can you forecast how many BTC monthly ARB will add without monthly update?

Paying equipments with BTC, instead of cashing in? What about paying dividend with BTC? Are those acceptable in accounting standard?

Lots of questions to answer before accepting ARB transaction.

[zed2002] 17/9/2019 16:04

Hootza616 its red across the market. Not sure if you were expecting 100% rise when we know there is a seller offloading

[liveit2] 17/9/2019 15:52

danatkins - agreed - maturity will come with age. like wine :)

btc is an immature teenager. but adoption and time will ensure benefits are recognised. they tried to kill it, defame it, knock it for six and deny its existance. but its still valued at 10k.

did you know that only 11.5 btc's can buy you the best lambo?

[hootza616] 17/9/2019 15:52

I am shocked by the market reaction here. It seems nothing makes sense. A fantastic confident rns and we lose 3% on the sp?Only one thing to do - buy more at this bargain price!

[danatkins] 17/9/2019 15:44

Personally I don't think btc is the perfect hedge. to volatile and needs to mature. did btc go up on the iran/Saudi issue yesterday? Gold is your hedge in my opinion. Not saying btc will go higher which is why I own shares here

[liveit2] 17/9/2019 15:44

just to add, arb mcap is currently equivalent to btc being at $5.5k. arb way undervalued. hence why they remain a lucrative target for a us investment bank.

[k1ngkonggb] 17/9/2019 15:32

Bad Gateway, it wouldn't surprise if Fiat currency eventually disappears and crypto backed by Gold/Silver becomes the default!!!

[liveit2] 17/9/2019 15:23

bad gateway - if you think btc will tank, you shouldn't be invested in arb. the entire business case is built on significantly higher btc price. they would not treble mining capability if they felt btc was going to tank -

just think about what you are asking for? and consider if you want to continue to invest

long term btc outlook very positive

[bad gateway] 17/9/2019 15:14

They're going to look very silly if BTC tanks and they're still holding all their coins at £4k/BTC though.
Can see why the stocks down, market measure profits in fiat not BTC.
You don't see gold, silver or any other commodity miners refuse to sell because they're gambling on a higher price down the line.
Sell the BTC's already will ya!

[zed2002] 17/9/2019 14:02

adejuk, there is a seller, Miton and Hadron. Hopefully they should be out pretty soon.

[adejuk] 17/9/2019 13:45

why this repeated selling into strength?

[liveit2] 17/9/2019 13:31

bitcoin is the ideal hedge given the uk and global uncertainty

[zed2002] 17/9/2019 13:05

Liveit2 you took the words right out of my mouth.

Some people dont get it at all.

[liveit2] 17/9/2019 12:47

mcap is as per assets - why sell btc when its going up - i hold btc and waiting for 17k to offload - thats an increase of 70%

even institutions getting into btc - bring on bakkt and watch btc value grow to 15k by mid oct

[scotty666] 17/9/2019 12:40

Cash + crypto + monthly income.
Done.