Argo Blockchain Share Discussion Threads

[cryptique] 15/10/2019 14:36

Hello everyone, new here. Crypto as you might guess from the username is an area of focus for me and it's exciting that London has several stocks in the sector. The charts above are interesting, perhaps more disconnect with the bitcoin price and this stock than I might have expected.

Do people find a close day to day association, or are there other factors at play in this stock which might make it a less reliable play?

I'm not looking to take sides, just interested in people's experiences of this company, especially if you have been holding or following for a while.

Thanks -:)

[1new guy] 15/10/2019 13:02

"Having a long-term perspective is significant. If bitcoin’s price remains unchanged after halving, the efficiency of existing [mining] equipment must be improved to balance efficiency and computing power." Then he says "There are many uncertainties, but now is a good time to invest in crypto mining," Wu added.

See how interpretation can be screwed to the advantage of erstwhile "experts". Forbes are very anxious to talk bitcoin down because their currency investments are worth many billions if not trillions. people versus fiat, still. RTFA!

[supercity] 15/10/2019 12:30

The Bitmain CEO doesn't seem convincedhttps://www.forbes.com/sites/billybambrough/2019/10/14/bitmain-ceo-jihan-wu-made-an-uncertain-2020-bitcoin-warning/#61cbf4e41ecc

[aidenabettin] 14/10/2019 20:41

18,000,000th mined bitcoin this week.It will take approx 120 years to mine the next 14.3%

[s25ava] 14/10/2019 09:01

https://youtu.be/A-QORFYnadM

[global nomad] 13/10/2019 21:59

was wondering if others here are investing as a single route into / exposure to Bitcoin or if they hold bitcoin directly as well and see another angle here.

[parsons4] 13/10/2019 10:18

1new guy well said, I like "Fiat verses Crypto" just like Fiat verses Gold and we know who won there. I have not believed in Crypto until very recently it is mainly a lack of understanding but I do understand FIAT MONEY. In time we will see but for me this is one of those once in a lifetime investments where the upside could be huge.

[1new guy] 12/10/2019 09:37

Our "Rog" types always stalk boards such as these. Pompous, arrogant know-alls. desperate to be seen as superior. Always ignoring those who have chosen to invest in, risk and sometimes lose but also, in many instances gain.

Fiat versus crypto is an embryonic contest slowly favouring the latter. If it continues as is or grows, those who CHOOSE to support a new, just over one year old Company in the mining of crypto currencies, it's THEIR CHOICE. Not the need to accept one anonymous doom and gloom merchant. Indeed, if such smug and self absorbed types were always listened to, we'd still be cave dwellers! 3.8P TO NOW A FIRM 7.5 UPWARDS WORKED FOR ME AND STILL DOES! Time to move on Rog.

[scottman72] 11/10/2019 22:41

Thanks Roger.
I was wondering why all the other crypto’s shot up when BTC dropped.
Oh, hold on. They fell as well. Hmmmmm, wonder what that means ???

[roger207] 11/10/2019 15:35

BTC is more likely to go down under $5,000 rather than going up over $10,000. Don't dream to be a millionaire from BTC. Too many blockchain players. �R207.

[roger207] 11/10/2019 15:30

Sadly,

Bitcoin No Longer Seen as the Driving Force in Crypto Market

New blockchains come to the markets

[martywidget] 11/10/2019 08:34

Hash rate:


[edit]: sorry for duplicated link, looks like I need to tweak my automated algo trading board reader

;)

[hootza616] 11/10/2019 08:14

That my friend is the right question!

[riddlerone] 10/10/2019 15:41

So my question to those in the know is now BTC is around 8k would you expect to see the hash rate begin to drop as there may be less miners or will it need to go further down before that happens.

[whoppy] 10/10/2019 14:47

Why isn't this in double figures? It's printing free money every month.

[hootza616] 10/10/2019 14:28

How low do you need? This is a bargain!

[ragnarr] 10/10/2019 11:59

I will remind you of that comment a a few weeks:-)

[horneblower] 10/10/2019 11:50

With BTC headed for $6k we're all waiting to buy lower.

[crapcrap] 10/10/2019 11:39

sadly, gone are the days when a company announces figures such as these and will put
it on a forward PE of 1 !!!!!!! and the punters ignore it only to look for instant baggers.
think i'll just keep adding and be happy this time next year

[liveit2] 10/10/2019 09:06

bakkt trading - still low but picking up from a low base

Traded contracts: 224 (+796%) (New ATH 🚀)
ðŸ"ˆ Day before: 25
🚀 New all time high: 224

[aidenabettin] 10/10/2019 05:45

Green light for BTC. hTTps://www.bloomberg.com/news/articles/2019-10-10/u-s-weighing-currency-pact-with-china-as-part-of-partial-deal

[ragnarr] 09/10/2019 19:04

I do agree Hornblower and probably one of the reasons details are a bit vague. we do know that at the end of June 5000 were live so during this quarter another 1000 went live.