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BC
Your always wrong ...
But you always pretend your right....
By dismissing the past and always start your argument for the future , when at some point it will look like your correct!
Genius! Until you look at what has unfortunately happened to your portfolio balance here.
Lol BC imagine being that guy!
Im not batting it away. Your point is somewhat redundant. I thought it better to just provide you with an example of long term holding to try and give you a different perspective
This was obviously a poor choice on my part
Another fact you want to try to bat away!
Perhaps 17 months wasnt enough of a time frame for you to see where things were heading!
flowerpot999
Today 08:06
Posts: 2,825
Price: 52.00
I doesn't matters when it was said really.
Anyone that has bought shares here at anytime in the last 17 months and has not traded or top sliced has been spiked !
Thats true for riot, & mara also!
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Yeah, just sell the top, buy the bottom. why has no one else thought of this brilliant strategy? https://ibb.co/CJBbL01
Boatman said the land was worth $168k. Argo paid 5 million initially in shares, with 12.5 million us shares at various other stages, is that right?
I doesn't matters when it was said really.
Anyone that has bought shares here at anytime in the last 17 months and has not traded or top sliced has been spiked !
Thats true for riot, & mara also!
Calamari what date did he issue that and what was the peak after it? Share price doesn't move in a straight line.
Yes, and boatman capital are just a *research company*
(By the way there are only 697k addresses that hold between 1-10 bitcoin on the entire planet -fascinating)
Jesus, you answered it then you didn’t.
Learn the term ‘pejoratively’
Patent troll company is grammatical slang ffs
https://en.m.wikipedia.org/wiki/Patent_holding_company
However, patent holding companies that aggressively seek to enforce patent rights through litigation or threats of litigation are referred to as patent assertion entities (PAEs) or, more pejoratively, patent trolls.[3][4]
Youll just have to accept that mara was a known patent trolling company. It's no big deal is it?
AIG, and also the volume of shares traded on mara is immense, an uptick in the sector and mara will get that stampede. Very wary of any long investments at the moment, need to see some form of bottom and i think we nowhere near. If we get areal crash mara could be back in the couple of dollars and this in pennies, it needs the capitulation that is coming for the restart.
AB are you understanding that a patent troll company doesnt exist! its a play on the amount of patents mara litigated for patent infringements and at one point made them a lot of money.
I agree I think MARA could rocket, this is because of volume of machines they already have
Plus MARA have fewer overheads, since they host alot of their machines - one of the issues not been able to bring all online
But, do they have the personnel?
But if MARA go sub <$5 have to start scaling in, I think will go lower - but imagine the opportunity here, they could literally be your x100
This is the same Minerd who said earlier this year that the cryptocurrency could hit $600,000.
Price could do anything (including going up). Might be right, might be wrong, I've given up on these predictions as there are so many that one of them will be right but most wrong.
Minerd the prick seems to think it could go a lot lower than 15k. Don't shoot the messenger.
CNBC - Bitcoin could drop further and fall to $8,000 from its current levels, Guggenheim Chief Investment Officer Scott Minerd predicted Monday.
That would represent a more than 70% drop to Monday morning's price of just over $30,000.
"When you break below 30,000 [dollars] consistently, 8,000 [dollars] is the ultimate bottom, so I think we have a lot more room to the downside, especially with the Fed being restrictive," Minerd told CNBC's Andrew Ross Sorkin in a "Squawk Box" interview at the World Economic Forum in Davos, Switzerland on Monday.
Minerd is referring to the U.S. Federal Reserve's hiking of interest rates and tightening of monetary policy.
Since falling below $30,000 earlier this month, bitcoin has struggled to rally substantially above that level. It has regularly dipped below $30,000. If Minerd's forecast comes true, it would inflict further pain on bitcoin and the broader cryptocurrency market which has seen around $500 billion wiped off its value in the past month. Bitcoin is down around 24% in the last 30 days alone.
The CIO also said that most crypto is "junk" but that bitcoin and ethereum will survive.
"Most of these currencies, they're not currencies, they're junk," he said.
Even so, he said, "I don't think we've seen the dominant player in crypto yet."
Minerd compared the current situation to the dotcom bubble of the early 2000s.
"If we were sitting here in the internet bubble, we would be talking about how Yahoo and America Online were the great winners," he said. "Everything else, we couldn't tell you if Amazon or Pets.com was going to be the winner."
"I don't think we have had the right prototype yet for crypto," he said, saying that currency needs to store value, be a medium of exchange and unit of account.
"None of these things pass, they don't even pass on one basis," he said. Minerd added that additional technological advances could change that and help create an ecosystem where people get used to using cryptocurrencies for transactions and are confident they will hold their value.
Minerd's comments come after European Central Bank President Christine Lagarde said cryptocurrencies are "worth nothing."
AB the point I'm making is i'm sure many of the other miners have sky high AISC but surely none are going to be in such trouble from 12 months of $30k BTC to actually go under? That seems extreme to me. $15k BTC for 12 months? Sure they'll be in a world of trouble, as would Argo but to a lesser extent.
I would assume with the HODL they have all miners will survive the next twelve months unless BTC really throws a wobbly...
Wiki implies they were
https://en.m.wikipedia.org/wiki/Marathon_Digital_Holdings
30k is problems now for many.
bc can you elaborate 'Former patent troll company i believe' Do you know what that is now ? and how successful it was at one point.
Scammy company, 78 million usd today volume, fidelity own 7.4 % of this scammy company many big instis invest with mara
arbk 360k usd and what major institutions own argo that isnt offered in a fund ? looking at it like that youd think argo is the scammy company
Harchris, I'm hearing all sorts of higher figures for other miners but I've not run any other miner numbers so no idea where they actually are with things. More a hunch that prolonged 30k or less would be a problem for some competitors (and would keep network hash in check as you say). If network hash was suppressed and we entered the next bull run with a greater % because of this, then it would work out favourably for us.
bc
Argo could only dream of the way mara raised funds, i think the last one was 750 million ish and peeps convert shares at 75 bucks, World class raises calsberg esque, but you have to appropriate those funds even better, compute north gives them 100 mw june july, another ton here and there, i think at these prices mara is great value if you have a long term strategy with miners. If btc moons mara goes the best.
'If BTC stays at 30k or less for another 12 months I think we'll see some miners go. Argo to me seems perfectly fine if BTC stays at 30k for a year. If it goes under 15k it would be a panic across the industry.'
Surely you just mean switch off some machines/lay off some staff? I don't see any miners going under if we see $30k for 12 months, I see many machines being switched off though and total hash rate back at about 150EH with Argo mining 900 coins a month.
Starting to think this scenario is better for Argo long term than say 12 months of ~$45k and an explosion in hash rate.
Yeah i always laughed at all those marathon threads. Absolutely not for me.
Former patent troll company i believe. Scammy company
lol my name aint 'Hexam'
https://stock.us/stock/us/MARA/charts/liquidity
Impressive, what's their cash position now?