Argo Blockchain Share Discussion Threads

[aidenabettin] 19/9/2019 10:30

Have the Chinese agreed to it?

[ssrover] 19/9/2019 10:26

yep specially with bitcoin dropping

PI's can't take up the slack being caused by the 2 institutions selling

8p will come

[scottman72] 19/9/2019 10:21

It’s almost a dead cert that this will drop to somewhere in the region of 8-8.5p within the next month.

[crapcrap] 19/9/2019 10:17

ss, if this gets to 8p, you can have mine.
never in a month of sundays will it get there.
15 trading days max for new up date.
when watch it fly.

[ilostthelot] 19/9/2019 10:15

They're going to be making so much money when all these machines are installed.

[ilostthelot] 19/9/2019 10:13

Fuji-555,000 shares. Good effort sir. I only have 50,000

[fuji99] 19/9/2019 10:09

Where this would be if over night bitcoin hits $15.000 ? - Knowing BTC is trading 24H/24H and can spike up without warning. You may not be lucky to ever enter at 8p.

[ssrover] 19/9/2019 10:01

2 II's selling and bitcoin going below 10k

can see this hitting 8p levels soon

[fuji99] 19/9/2019 09:49

This is the first time ARB flagged up their next update (early October). By doing so, I feel they will release an impressive package showing their amazing progress at all fronts - from installed new machines to revenues. IMO the share price will go over 20p by Xmas.

[homebrewruss] 19/9/2019 09:29

Has anyone worked out how many Bitcoin they can currently produce per month?
In June: 161 BTC (with 1,000 Z11 and 1,809 S17 Bitmain servers currently in production on 2nd July)
In July: 163 BTC ( with 1,000 Z11 and 2,269 S17 Antminers currently in production on 8th August)

edit:
removed my calculation as a work in progress. In the interims they said they had:
'Generated GBP1.4m of cryptoassets in June 2019 from a total of 5,000 machines in production at the end of 30 June 2019'

Maybe I'll just wait for the update :)

[fuji99] 19/9/2019 09:20

Another top up to reach 550.000 shares.
By Christmas, all will be different. I experienced it through VRS at similar levels.

[topazfrenzy] 19/9/2019 09:16

I bought some more ETH and XRP on this dip, for the next parabolic rise. Must haves for alt rip-your-face season, it's coming.

[scottman72] 19/9/2019 08:48

AB, nope. Just a stock market day to day activity. No point demonising the norm.

[hamidahamida] 19/9/2019 08:45

Fed cut rates

[crapcrap] 19/9/2019 08:44

thought the mm's would have walked the share price down 10%-15%, seems there is an appetite for stock

[aidenabettin] 19/9/2019 08:43

Ok. A corrupt manipulated stock market

[homebrewruss] 19/9/2019 08:39

orm5 yes, think a slight delay. Hopefully we find out more in the next update, could be due to delay in delivery, waiting for cash to pay for them or just the time it takes to install 5000 machines.

That said we might have 2500 (wait to see what the company say on this) of those 5000 installed by year end and with the latest machines installed they are already making plenty of bitcoin per month.

[scottman72] 19/9/2019 08:36

It’s called a stock market AB.
😂

[homebrewruss] 19/9/2019 08:36

Hamida, you've changed your tune! :)

hamidahamida - 17 Sep 2019 - 21:41:42

'Recession is coming
Hedge your investment
Buy ARB
The biggest listed Bitcoin miner by 2020'

[aidenabettin] 19/9/2019 08:35

Its called financial manipulation.Buy buy buy $BTC

[orm5] 19/9/2019 08:33

Is today's announcement a delay in the new machines - I'm sure in the past they said by the end of Q4. I.e by the end of 2019

[scottman72] 19/9/2019 08:33

Rising Chanel for ARB has a support at about 8p. Yes, currently headed down but I don’t expect ARB to drop below 8-8.5p before the next update. After the update this will hit new highs.

[hamidahamida] 19/9/2019 08:26

Bitcoin price tumbling fed cutting rates Not looking good till next update Heading towards 6pIMO

[scottman72] 19/9/2019 08:26

What do you mean Fuji99.
They have two orders, the first for 7000 which appears to have had the first 1000 installed (6000 to go) which was initially expected to be installed by year end. The next order is for a further 15,000 after that. Taking us to 27,000.
Are you saying you’re expecting them to install more than those on order?

[ilostthelot] 19/9/2019 08:25

Horne blower. That is your predicted 9600 hit intra day. Hopefully we'll see it a break higher now🤔👊;