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Hi, I also noticed some trades also went at around 135 while I could get 138.8..whats the explanation for that? shorts closing?
Pop
Hits $59k and ARB in the red all day. That's worthy of a whinge. FFS.
It would be interesting tomorrow if BTC continued rising this afternoon and ARBK pumped after close today
In fairness Pop we did finish on a weird spike last night and are currently around the same price as the US - Wouodnt be surprised if the same thing happened on close today - Really need the US Volume to come and sweep us along.
Hits $59k and ARB in the red all day. That's worthy of a whinge. FFS.
Duke, "You might say that", I couldn't possibly comment.
TheeDuke, well played. Lots of sellers now out of the game. It had to happen eventually, with weeks of buying by institutions.
All imho, of course.
TheeDuke
WINS has been on top of the bid all day long. They must have some massive buy orders, so they scoop up everything that is sold, but the bid doesn’t move. The usual selling out to buy in cheaper has been exploited.
There’s over £70k buys gone through in the past fifteen minutes, so I’m looking for a strong finish.
2.5% up in the US and a strong btc run isn’t harming us either. A little fomo will help.
@EmmaCM.... even if you were either v, you'd always be very weclome to ARB BB.
Thanks for insights (US and restaurant). Have the impression between regulators, IRS, SEC, FASB there is an ongoing identity crisis to address for miners. Given the tax friendly welcome, let's hope its not regulators that piddle on the parade.
Ur venue choice for lunch today?
Hey Bull.
Although I'm not vegetarian or vegan, Manna is a great place to eat in London.
As far as crypto legislation in the US, very little will actually change with Biden's bill set to begin in 2024 and plenty of softening language toward bitcoin miners is expected to be added before then.
Texas on the other hand are pushing legislation through to bring significant tax breaks towards bitcoin mining operations to bring more business into the state.
Hello Argo.
And Biden's new climate legislation will give large tax subsidies towards climate positive companies.
Hello again Argo.
@EmmaCM... welcome to Europe, London and ARB BB. I am nostalgic for an SF tram ride. Ride the tube before its shutdown or a bus before they're shut down. The capitals tranport system in need of some capital. If you find a great restaurant pick do share it. And a related question. Any thoughts on potential crypto legislation in the US. Miners being commodities traders and all that . I see its what ARB have essentially held themselves out as being with all BTC available for sale within 12 months (per annual report). A daft position to adopt IMO, lid off a can of worms needlesly, says he who would dare to challenge a man wearing hoodie and jacket.
Echo those sentiments Duke, surprisingly good board today. Surely bitcoins time is upon us shortly
I'm from San Francisco but working in Paris and London at the moment which is why I started posting here. Unfortunately I've had to endure stockwits for quite a while ha.
Nearing a tick up for Argo
Stocktwits is just .... American. Part parody, part comedy = all under the guise of seriousness
A lot of good messages. Let's keep it going.
Have a good day everyone :-)
I'm obviously bullish on Argo (and BTC) and will generally look for the positive. I have a large holding, and therefore a vested interest in Argo doing well. Hence why I'm on here so much and jump on things I don't agree with. I always try to back up with reason or links/facts to support my views though, as I don't see the point otherwise.
This board has been trolled for a while now, which has made people sensitive. This sensitivity doesn't surprise me, as people have real money invested here.
Amanesia is certainly not a troll by any means and is very welcome here (and will buy back in I just know it!) - as are those with more grounded views on the future of Argo. It makes for healthy debate - especially when both sides listen to the other's viewpoints.
Stocktwits is more of a reality-cum-comedy show than an investment board. It can be quite fun in small doses but nothing to take even remotely seriously!
I'm a big advocate of debate on forums as only hearing one side of an investment can lead to a blindness of issues. There has unfortunately been name calling and those who are 'liberal' with the truth from both ends of the 'spectrum' here that has been antagonising to others so naturally people have reacted and, in some cases, overreacted to messages.
I personally can't stand the terms 'ramper' and 'deramper' as anyone taking investing advice from random people on forums should probably not be investing. One should be able to have differing views without there being anything wrong with it. I see 'DYOR' floating around a lot without people actually doing it.
I'm very positive about this stock but don't consider myself to be a ramper in any way. I'm just looking at it from a financial view and find the plans/investments that are in place to be a very good risk/return ratio with the current Mcap.
The amusing thing is that this place is nothing compared to stockwits. That place is the wild west. I actually find this forum a lot more sensible as 'nuts' as that may sound.
Amanesia - great reasoning. It’s brilliant to see a decent post rather than just name calling as is sometimes the case here.
Thanks for the support Hexam (I presume you're referring to me as the caller-outer!), but it's water off a duck's back, really. As usual most posts and most poster are noise rather than signal. We're lucky in that there are still quite a few sensible posters on here (yourself, AB and Emma just on this thread for example - not that I agree with all of you all the time but that's as it should be!)
Apologies Emma if that's what you took as my meaning. I am definitely not saying there are only nonsense rampers here. There are many that post here that are always or generally positive about the share but do not resort to hype, misleading statements or name calling.
However, there are many that just leap on anything that doesn't sound positive (which can hardly lead to a balanced discussion) and/or make statements which are very misleading but usually don't get called out simply because they are pro-Argo. One did get called out today and look what happened next - they were called a troll and that got double digit upticks.
I'd also point out the disparity with Bitfarms, which has 2EH running now, produced 343 BTC in Sep, has decent data centre and hash rate expansion plans, with a mcap of 1.4bil - RIOT is 3 times as much.
No logical person could justify that 3x valuation, but the market isn't a logical beast and there are significantly undervalued miners out there, Argo being one of them.
While I agree with your statement, Hexam, that the debate should be reasonable and without aggression, I don't agree with the "nonsense ramping and the trying to out as a troll anybody who doesn't say 100% positive things about ARB in every post." bit as it seems that you're saying there are only nonsense rampers here. There have been both people who overly ramp and those who do the opposite. Both cause issue here. However, person can be positive about the investment here without being called a "ramper", and equally so someone could be disgruntled without being called a "deramper". I would just like to see either one (or someone could be both as it is a view that evolves) back their statement with facts.
Great to see this thread develop into an interesting, balanced and informative discussion from such an unpromising start.
For me this is what the board should be about rather than the name calling, nonsense ramping and the trying to out as a troll anybody who doesn't say 100% positive things about ARB in every post.
Just buy both Chuz, this will probably be like dotcom in the late 90's
That's still not 5x, Chuz.