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Haha like it Dags both barrels.
To be fair to MNS I think a lot of people considered stopping out of the miners pre-halving - but thats not for me too risky as I believe the corrections have now priced in as we can see with the suppressed SPs + recent drops during march.
Looks a bit dead cat bouncy at the moment to catch traders out on the miners. it really needs one of those bitcoin big pushes otherwise some weakness will prevail for the time being.
Fine by me. you can not take it.
Not engaging with THAT person who just replied. childish.
Gotta love your optimism
And so far seems to be the case price wise. lol. since you said you expect clean spark to go to 15 dollars and lees it jumped to 24 dollars. so someone could of done a trade and made money instead of waiting for your 15 dollars or less. and currently clean spark is 17 dollars. also look at tera wulf. since you said do not buy the miners it has gone from 1.7 to 2.6. iren up also etc. you should of bought in clean spark at 2 dollars etc. you would not be on here wishing for drops all the time.
Next rns could be something like this knowing ARB..
Argo Blockchain plc (LSE: ARB; Nasdaq: ARBK), a global leader in cryptocurrency mining, is pleased to announce that it has
repaired and installed some broken miners that it has lying around And also after a throughout search of PW’s previous office, we have managed to collect around one ton of white powder from under the floor board’s which were accidentally dropped from PW’s daily coke usage over the years. As shareholders were paying for this habit, rather then let our new ceo enjoy this find we think it is only right to ask the Mexican cartel from across the border who Peter Wall knew very closely being his best customer if he would give us a refund so ARgo could survive a few more months. As this white powdery stuff is always in high demand by the Argo bod, if the cartel refuses to buy his product back the company board will be very happy to purchase this product at a 95 percent discounted price. :-)
What expectations do holders have on next ARGO RNS. Date ?
Your are entitled to your opinion
"There is also a culture of posting about other miners thinking they can manipulate vulnerable newbies to sell up and buy up other miners because it could be they are stuck."
I totally disagree. If we take MARA for instance, yesterday was a slow day, 'only' 30.1m shares were traded, that's approx $571million in value terms; on 5th March there were 100m shares traded or approx $2.3billion.
If anyone thinks LSE has that much influence to move these miners that are being discussed are bonkers!
Just a heads up for anyone looking to change providers. Have just set up my 24/25 Stocks & Shares ISA with Interactive Investor.
They have a great range of crypto/bitcoin related stocks (unlike Barclays who only have Argo & MSTR). They have low trade fees and if sign up before tomorrow they are also giving £50 in free trades.
I'm holding out until after the halving has occurred then going in full on purchasing miner stocks - WULF, IREN, MARA, CLSK along with the DAPP ETF. Expected drops leading up to the halving due to uncertainty in the market, and some further drops immediately post-halving before things settle (i've said this for the past few months and is my buying strategy, if people feel otherwise or have different opinions that's all good, but i'm sticking with this and so far seems to be the case pricing wise).
81p for me ouch 23.5k not good
I agree . My break even is 22p . Some people here have been deramping Argo for years . They have opinions/aspersions but that’s all they are as no one knows what the future of Argo is unless they sit on the board . There is also a culture of posting about other miners thinking they can manipulate vulnerable newbies to sell up and buy up other miners because it could be they are stuck. Holding a loss like others . Never let anything on this chat influence you .
28.4p and I'm oot
I was hoping to exit out at 50p but I think I would settle for 30p too before Argo crashes.
They are struggling to dupe investors into keeping their operation running and will probably let it fall under and divide up the BTC assests.
Or do an Artificial hype so we can all sell high. fastest fingers first.
Jokes aside good luck everyone
As articulated many times before, the members of this group are interested in various miners and what is happening in the mining space.
If this forum is restricted to just Argo, it will be as dead as the company is today! (yes, I do hold a token amount of shares)
30p
I think we should keep this forum specific to Argo, BTC projection etc. And flush out all the non relevant post we seem to be getting.
So one thing is clear is we are not aligned to BTC anymore. In other words any increase in BTC is having little impact on the share price. It would appear to me that Argo's current share price has already factored in BTC within a range. My question is what range? 100k -
Could we start seeing historic share price movement if we reach over 100k? or less?
How long can we withstand the current market? crippling debt and uncertainty is halting Argo from moving up.
What is everyone's price target before they start dumping?
Interesting article about the short report, which I very much agree with. Whilst I’m not the best, I try to trade more like the ‘dumb trader’ as described in the article.
https://www.tradingview.com/news/benzinga:20366ae1b094b:0-bitcoin-shorting-microstrategy/
Marapool, a Bitcoin mining pool, has recently mined several blocks that exceed 3 megabytes (MB) in size. Here are some key points to consider:
Block Size and Transactions:
Bitcoin blocks contain transactions, and their size determines how many transactions can be included in a single block.
Larger blocks can accommodate more transactions, potentially improving network scalability and reducing congestion.
Historical Context:
Traditionally, Bitcoin blocks had a maximum size limit of 1 megabyte (MB).
This limit was implemented to ensure network stability and prevent malicious actors from spamming the blockchain with large blocks.
However, as Bitcoin adoption grew, debates arose regarding the need to increase the block size to handle higher transaction volumes.
In 2017, a contentious debate led to the creation of Bitcoin Cash (BCH), a fork of Bitcoin that increased the block size to 8 MB.
Bitcoin itself did not adopt such a significant increase but implemented Segregated Witness (SegWit), a soft fork that allowed more transactions to fit within the 1 MB block limit by optimizing transaction data.
Despite these developments, some still advocate for larger block sizes to enhance scalability.
Marapool’s Blocks:
Marapool’s recent mining behavior, with blocks exceeding 3 MB, indicates a departure from the traditional 1 MB limit.
It suggests that Marapool is actively participating in the ongoing discussion about block size and scalability.
Larger blocks can accommodate more transactions, potentially reducing transaction fees and improving overall network efficiency.
However, it’s essential to monitor the impact of larger blocks on network performance and decentralization.
Community Perspectives:
The Bitcoin community remains divided on the issue of block size.
Some argue that larger blocks are necessary for scalability, while others emphasize the importance of maintaining decentralization and security.
Marapool’s actions contribute to this ongoing debate and highlight the need for thoughtful solutions that balance scalability, security, and decentralization.
In summary, Marapool’s mining of larger blocks reflects the ongoing evolution of Bitcoin’s scalability solutions and invites further discussion within the crypto community. 🚀
Bcash halving complete, sp dropped into halving and is seeing some recovery.
It is currently 91% more profitable to mine BTC and the hash rate on BCH dropped significantly. As the 'other' Bitcoins half it will be interesting to see if miners switch around to seek out profit.
https://coingape.com/bitcoin-cash-gears-towards-bch-halving-with-22-weekly-price-surge/
https://www.coinwarz.com/mining/bitcoincash/hashrate-chart
https://coin.dance/
Hijacking Bitcoin: The Hidden History of BTC Paperback – April 5, 2024 (temporarily sold out)
https://www.hijackingbitcoin.com/
Hi Bowlers, I managed to buy some after trying for a good three hours. I was suspecting something is happening with Migi but then I managed to buy.
After the last halving, Bitcoin went on a proper bull run, I think a few months later, I hope we get a big bull run after halving again. Best of luck mate.
I bought some Reddit today with HL PI without any problems and my shares in Mars Cleanspark and Bitfarms appear fine
I struggled to buy!
What’s going on?
Best performing miner again so far today. What in the heck springs to mind...