Argo Blockchain Share Discussion Threads

[daar] 18/11/2019 13:02

Below 5p :(

[orm5] 18/11/2019 11:44

Anyone tried asking the company when the next market update will be

[jumpenjim] 18/11/2019 08:51

Thanks for your input guys jj

[hootza616] 17/11/2019 20:07

Hoping the selling is over!

[cryptique] 17/11/2019 13:47

6p does look interesting for an investment, couple of decent bounces earlier this year off that sort of level. But as has been mentioned, if that didn't hold, lower is possible on the chart. I'd like to think it will give support at least for now.

[supercity] 17/11/2019 10:33

I wouldn't have thought so (shorters) - shorters pushing prices down on small caps is ninety percent of the time myth used by holders to justify a share they hold higher falling and I don't believe for one minute anyone is shorting this share.Those two big sells prove it's just a big supply of shares being off loaded by a big holder.They might stop for a bit at 6p as it could drop quite quickly to fill the gap back to 4p if they don't or it could have been the last of them on Friday - either way next weeks price action will be interesting.Some of the posters on here were saying at 10p there is no way it will see 8p again and now it's knocking on the door of the 5's so one thing is certain and that is no one can predict what will happen.

[lithological heterogeneities] 16/11/2019 17:48

I like this thread. Nothing wrong with it

[hootza616] 16/11/2019 11:21

Why Marty? What's wrong with this one?

[martywidget] 16/11/2019 09:00

Could someone start up a new thread, many thanks.

Here's the charts, in addition to the standard ADVFN ones, that were in the header:




Many thanks.

[martywidget] 16/11/2019 08:50

For Argo Blockchain, there are currently no significant disclosed short positions and no significant historical short positions disclosed to the FCA

[jumpenjim] 16/11/2019 08:45

supercity could it be shorters to keep the price down ???

[supercity] 16/11/2019 07:40

Some big sells yesterday afternoon at 1m and 2.2m going through at 6.1p.Curious as to why if it's such a no brainer here a large holder is desperate to dump stock at any price.The big fund raise was 16p and other raises were at 8p so I can't see it being these holders, I wonder if it is the 0.1p shares that are being sold.

[hootza616] 14/11/2019 17:01

I guess everyone who wants them has them and the seller still selling. Only one way traffic until next update!

[supercity] 14/11/2019 15:29

6p needs to hold or there's a big gap back to 4p...might even take a punt myself if that gap gets filled

[hootza616] 14/11/2019 14:00

Just had to buy more at sub 6.2.Didn't honestly think we would see these prices again.

[hootza616] 14/11/2019 12:08

Seller definitely in control of the share price here. But for how long?Profit update would help!

[ragnarr] 14/11/2019 09:20

Heres food for thought.Crypto Spending Will Open Floodgates, Pushing Bitcoin Price 30x in 4 Years and Into the Millions, Says Billionaire Tim Draper Innovation is the key to Bitcoin's tipping point, according to crypto bull and billionaire Tim Draper.Joining a Q&A session at this year's Malta AI & Blockchain Summit, the venture capitalist identifies all types of Bitcoin spending via the Lightning Network and similar protocols as the catalyst that will push the price of Bitcoin higher and higher, grazing $250,000 by 2022 or 2023, nearly 30x from its current price of roughly $8,668.Draper, who purchased about 30,000 Bitcoin at $632 per coin in 2014, predicted earlier this year that Bitcoin would nab 5% of the world's assets. He's doubling down on his insights into the evolutionary technology and now says Bitcoin can grab 20% of the world's currency.Says Draper,"It's because of Lightning Network and OpenNode and maybe others that are allowing us to spend Bitcoin very freely and quickly so that it's not just a store of value but it can be used for micropayments. It can be used for retail. It can be used all over. And then, boy, I believe long term it's going to be 20% of the currency of the world and that could mean that it's in the millions – the price of Bitcoin."Draper is a legendary venture capitalist who follows tech trends and has invested in several transformative companies such as Skype, Baidu, Hotmail, Tesla, SpaceX, AngelList, SolarCity, Twitter, DocuSign, Coinbase and Robinhood.He adds,"I think Bitcoin payment processors are really going to open the floodgates... and I continue to believe Bitcoin is going to hit $250,000 by 2022 or 2023."

[blackrolie00] 13/11/2019 09:25

Hm tempting at these levels .. very

[parsons4] 13/11/2019 07:45

Roddyb a very good discussion site with both sides of the argument well put !! For me the only worry is the constant weakness of the share-price. Ragnarr has it right IMHO, if you look at the current price, the huge increase in the number of machines to be put in, then the halfing won't affect the income to the downside. If the BTC price rises then profits could soar. Either way the value of ARB doesn't make sense. I added yet again yesterday.

[parsons4] 13/11/2019 07:45

Roddyb a very good discussion site with both sides of the argument wee put !! For me the only worry is the constant weakness of the share-price. Ragnarr has it right IMHO,

[ragnarr] 12/11/2019 17:16

just want to add that my previous post was all about on BTC around 8000 USD or lower - If BTC goes to, say 16000 USD revenue will be circa £10m per quarter - even after halving.

[john henry] 12/11/2019 16:45

Stone me I don’t think u understand the mechanics of bitcoin.

Look at it in regards to an anti inflationary commodity.

[scottman72] 12/11/2019 16:25

Precisely. You only need to scroungers for money from shareholders if you're running without profit.
There's no chance of ARB needing other funds additional to the mining operation.
However, I beleive that it would make a difference to share price if they returned something like 5% of profit per annum dividends.

[ragnarr] 12/11/2019 15:54

please ignore spelling errors - fat fingers