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Always lots of negativity on here when btc is sideways or we aren’t seeing rises. There are tonnes of bullish things going on in the next two weeks both for btc and arb most notably...
29th - large btc options expire
Approx 3rd feb - arb January results
3rd feb - microstrategy presentation to corps Btc investment
Once GME slows we will likely see some of that flow into btc
Hodl hard there are lots of reasons this could potentially fly. GLA
Even if bitcoin was trading at less than $25000 at this share price it's still too cheap, ARB would still be able to make huge profits, we have not had enough company history yet to be able to match the share price to the bitcoin price. It will take at least a full years trading to make any real accurate comparison in my opinion.
The share price should be able to increase in value on its own merits and it's massive potential in the future.
ARB is still massively undervalued and probably unknown to a lot of investors. They have been making a loss every year until last year, hopefully. Most people won’t invest in a company that are not making a profit. That together with not understanding what Bitcoin is, or where it’s going will put people off IMO.
Once we get last years results and BTC more stable and at a higher price, this share will rocket. But it’s not gonna happen over 1-2 weeks. Anyone that holds what they have now, regardless if they’ve paid 45p or £1.45p will be in profit at the end of the year. Surely that’s all that matters ATM. Unless you need the funds now. Even at £2 from a £1.45 investment is a 25% increase. If all shares went up like that we’d all be millionaires.
Just a waiting game now. £2 would certainly be nice. Think we may need a bit before we see a 200%rise. I do think its possible this year.
Will try not to think about my -4k :(
My own fault for getting sucked in.
My biggest fear is that bitcoin remains at this level for some time because that will inevitably cause our share price to tumble further down and suddenly we could be looking at 200% rise just to get to £1 let alont £2
Scary times. Fingers crossed
Negativity is down to fear and frustration. I've felt like that myself in the past, but not with ARB. Locked and loaded for the four year crypto bull cycle. Don't be surprised if ARB suddenly rockets 50% when BTC breaks the down channel. So why all the angst from everyone? That the way it is. The pendulum of emotion swings one way then the other. Nobody said making money in the markets was easy. Be right and sit tight. When BTC breaks $42K ARB and the other miners will go bananas and those targets will look silly.
£2! Hahaha! Thanks for the laugh. If bitcoin hits $200k this year, we are looking at 20x from this level.
Peter Wall did not make you press the by button, I assume you did your own research, in which case you should not be worried.
Just to confirm, you're saying we were able to double our SP in 27 days with BTC at the same levels but you are not sure we can double again in the next 338 days, when nobody really knows what BTC will do.... though the majority expect it will rise exponentially!?
Paul - i really hope so bud. I just know from past experience it takes something huge for a company to jump 80-100% - lets hope bitcoin does exactly that otherwise it's a long road
dude £2 could happen before end of march let alone end of the year
All the people saying Argo doesn't rise when Bitcoin does make me laugh. Look at our price in Jan 1st for example we half the price we were now and Botcoin was the same levelm jokers.
Nothing to do with market makers. I hold my anger to Peter Wall he timed his Q&A's perfectly. Even spreaded out the video uploads on youtube to keep momentum high as long as possible.
Sadly momentum for now has drifted. Gone are the days we had 100k 200k multiple buys.
One thing I can surely say is if Bitcoin remains at this level we will tank further. We are nearly double now in share price with previous bitcoins levels being the same. Let that sink in.
Im hopeful for £1 in the next couple months and hope for a £2 finish end of year. Lets see.