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Ignore previous, obviously got stuck yesterday and now not relevant on the thread
Auto, you have clearly had a drink, as you are making no sense to me
Auto - I agree that on the graph you can pick points which show that since that point BTC has outperformed ARB significantly but equally can choose other points since when ARB has outperformed BTC significantly.
That is exactly my point - and as FireAnt put more succinctly - the two are correlated but not 100% and the graph illustrates this.
Personally I believe ARB will outperform BTC in the long term but that's just my view. In the meantime there will certainly be more (shorter) spells where it does and others where it doesn't. I just get frustrated over all the transitory hype or angst depending on which it is.
I saw the graph but the price action at the start of the year was hype and everyone was trying to get in
You could argue then that on the 28th Feb Arb was 220 bitcoin around 39600 so the share price has fallen 30%
ARB and BTC prices are not joined at the hip. BTC is one thing that affects ARB's price - it's not the only thing. Sometimes ARB goes up (or down) more, sometimes it goes up (or down) less and sometimes it moves in a different direction altogether. Over time they do generally trend in the same direction (as Blubay's graphs show) but I don't understand why people think that just because BTC goes up 3.9816% or whatever in a day that ARB should go up 3.9816% or whatever too.
The share price closed around 143 on Friday and now its 147 so it's only gone up 4p in the two day period
To many speculators in this stock just out to make enough for two cheap bottles of cider and a pizza
Auto, they have gone up eveyday.
Kozzi
But it doesnt go up with Bitcoin
Yesterday bitcoin went from 36,000 to 40.000 where it still is today yet the share price hasnt moved
Kozzi, The mcap of VLRM isn't a third of this, relax.. They are at what 30m or something?
This share has now proved that it doesn't trade on news or fundamentals; only Bitcoin price action
Its a joke, when a **** show like Valereum is worth 1/3 of us (and they have nothing) but they are moving forward every day on sentiment.
I hate the LSE and what it has done to this share
Mitts. Your posts today are bang on the money. In effect the space to me seems slightly bearish in the immediate short term. But bullish medium to long term.
That's what I'm thinking anyway. In layman's terms a bit of value to be had whilst SP is in the 1.40s. But if you're waiting for a Ā£1.00 - Ā£1.25, that ship has sailed. All in my humble of course. Others may disagree.
Bloody hot today!
Enjoy going English pink. ( that's my current shade)
DaggerM
Mittenator I love your confidence!! excited to see it go up. with this share its not about if but when, hope the when is now.
And donāt forget, the BOD will probably have bought at the 100 - 110 lows but under a different guise
Literally only one reason why our SP is dropping now. HUGE buy orders!!! This is the time to buy ARB. Iāve just bought Ā£10K more, Iām that confident!
Iām no expert Del, as Iām sure many will testify, but weāre seeing good value here and imagine when the BOD buy more shares! Massive rise. Nasdaq. Massive rise. BTC to ATH. Massive rise. I see Ā£3+ by the end of July.
as at 15:51
# Trades 893
Vol. Sold 430,543
Sold Value Ā£645.81k
Vol. Bought 1,152,813
Volume is low too. Kinda get the feeling something big is about to happen. Still think we could see Ā£2 by end of week. Iāll take the ramp on the chin if Iām wrong.
Trying to look at the bigger picture. Over 50% of ARB share are held by retail investors. I quite like the fact that the BOD sold their shares. It means our SP is in the hands of a few IIās and PIās so weāre more likely to see true value and less volatility as a result of BOD actions.
BTC has still not shown its hand and weāre awaiting a confirmation of a bull run. PIās, despite my previous post to the contrary, are probably day trading to a greater degree. I still think thereās wariness in this space but BTC to $42K and we could see a sharp ARB correction to the upside.
All very strange indeed.
looks like his posts have been removed
He is Denby69 - I have seen that Denby69 before - He goes around boards to spread fear, admitted that he gets paid once. Very strange. What's even stranger is how LSE allow it. Are they on the payroll too?
I assume you are denby. Interesting posts you've made today:
https://www.lse.co.uk/profiles/haggisscot/
Exactly how much do you get paid for this sort of thing, I'm genuinely interested in understanding how this all works?
That sounds about right
HaggisScot are you on about football?