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Its a Monday , and its the 4th of January , and its only the first day back for the markets , and there are 361 more days left in the year.
Get a grip people... give it time.
Whaddya expect , that we see our 52 week high in the first hour of the first day of the first month in the year ...
Pandoras box has been opened, theres no putting the genie back in the bottle, BTC is here to stay as is ARB as a pre-eminent miner. This is the future for our children, the value of a digital asset (whether image, song, PC game avatar, online instagram profile, crypto coin) is as meanigful to this generation as any physical possesion (airfix toy/Sindy doll/wall poster/few quid in the piggybank) you once held store in when you were their age .
There are so many events coming up in the calendar in the next 4-6 weeks for ARB. Some it can control, some external but impactful. In no particular order..
new miners installed > moving from OTC PINK to OTCQB Venture Market > LUXOR tie up > End Of YEar accounts > RNS > Investment funds buying BTC > dollar printing machine in FED running 24x7 > stimulus cheques arrive to US millenials > more media coverage > US investor community learning about ARB > sure to be more whales announcing moving a % of their portfolio into it > pension funds municpal bonds have to be discussing when/if/how they get on this > COVID still around with more lockdowns > ARB to rerate and catch up with RIOT/MARA based on petahash rate >
This is unstoppable , the only bump in the road is the broader UK investment community (excluding present company) which seems slow to take up on valuing BTC .
The movement of BTC during holiday periods has been incredible. Even with everyone, retail investors, HODLrs, corporations, retail investors, funds all conducting end of year financial housekeeping and BTC still manage to make such gains. This all bodes well for an explosive January , no holding it back.
The director sell can be seen as a good sign.
If the upcoming news RNS for end of year was going to be bad then PW would be open to huge questions as to the timing of this sell. This move by him is an indication news will be great and hes happy to benefit off this years pop and next years pop.
I expect great news from ARB eoy release. PW simply sold some shares/warrants for an end of year houskeeping on his own personal finances. ARB news will be excellent and he as well as the retail ARB investors will all benefit.
Everyone calm down, its been a wild ride for 2 weeks, multiple RNS, new listing and an upcoming additional listing.
The $2000 dollar stimulus checks are in still in hte mail, soon as they arrive the millenials in the US will help us rerate.
Bitcoin touchingnew highs but we need some consolidation and its only a matter of time (like a few weeks) before some other whaile, institution , fund , municipal bond or pension fund makes an announcement that they are dipping a toe into BTC. For now its only the pioneers and frontiersmen that are buying large scale bitcoin, they wagons of pilgrims are loading up and will soon be on the trail.
At time of writing 3:05pm GMT Monday
ARB 19p LSE mkt closed
ARB Frankfurt mkt open 56cents +146% = 50p
ARB OTC US mkt open / price $1.10 +235% = 81p
BTC sitting at $27126 - high over the holidays of 28387
Whats your expectation for Tuesday open LSE ... as I see it as long as BTC doesnt crash in the next 17 hours then ARB has to rerate x2 , at least 40p plus, more like 50p to break a psycological barrier.
I truly hope everyone had some joy over the holiday period after the year we have all endured.
Looks like the word is spreading, and spreading fast, if the tweets and forums are anything to go by we have certainly increased visibility in the last few days on this stock, which is still amzingly undervalued. GLTA .
Same issue trying to buy yesterday, very difficult.
In their defense the MMs are only doing their job and without them PIs like us wouldnt be able to play the markets as we do. Lets give them a break , its Christmas after all.
We can bash them in hte New Year when ARB are £1 ... .
Was looking to top up today, it seems hard to buy. Maybe the MMs are holding it for when the US has woken up .
In my opinion as I see it ARB just isnt getting the publicity it deserves based on its financial strength. Thats the only reason I can think as to why ARB hasnt had the rerate we have seen all the other miners achieve. We as its holders have a respoonsibility and an interest inspreading the word about the potential on ARB, its low mcap , high hash rate , their great HODL strategy and also direct new potential investors them to the likes of BLONITY .
And to do this we need to spread the word outside the LSE chat , and post this info on other forums and media.
So as it says on the tin... ACTIONTHISDAY ...get posting...lets spread the word. Everyone post one message on one other forum
BLONITY is an absolute star, great info on crypto, great analysis, the guy deserves 10x the followers and views.
And thank you to all the informative responses to my question on dual listing. I have a much better picture now.
So whats everyones take on a Dual Listing.
Is it a given ? ARB seems like the only miner who isnt dual listing and they are missing out on a large part of the 'access to capital' pie. Has there been any statements from management about this , any history of talk on this topic. Do we even have fight in the management to deliver on a dual listing ? If 2021 is going to be the year of real Bitcoin take off and if Bitcoin builds on the solid news , movement and major buy ins in the second half of 2020 then surely ARB need to get a seat at the big investors table and dual list.
Im long a number of miners, ARB was the last one Ive added to my portfolio so appreciate any insight from longer term holders.
I liked today RNS. Now that NCYT have a well earned reputation the board have a certain lattitude to play the same games the market plays. We can all see the price was trading sideways last few weeks as we await a major RNS so why not release a nice bit of PR in the form of a topical RNS, New variant , we have it covered, no risk of a regulator questioning the RNS, nothing risky about it simply commenting in the form of an RNS on a new development in the fight against Covid. And adds pressure to decision makers to pick PCR tests and dump that lft junk. Gives us a bit of a higher base from which to launch when a major RNS drops. Well played by mgmt I say.
@TheeDuke.. thanks . I was over-thinking it looking for some deep complex technical reason.. nothing like that I think your right its simply optics and UK aversion to tech bitcoin risk .. ARB day will come .. maybe today. glta happy christmas too
They reported 170 BTC mined in June , at $22,800 .. thats $3.8 million a month ...
Im happy for my gains, and happy for all lth.
Just wondering why have we not had the massive re-rate one would expect given BTC hitting 22800.
Most if not all of the other major BTC miners , MARA, RIOT, HIVE, HUT8 have all seen huge jumps, ARBs has not matched them . Just wondering glta.
Is this true ? Is this old news ? Has it been verified ?
I dont see much headlines about this in the last few hours, if it were true wouldnt it be on the front pages... ?
I was at my local diy store to pick up some bits and pieces for a woodwork project and I needed some run of the mill masks for dust protection. They were very expensive, even in bulk in a box it was close to 70p per mask, and the selection was very limited with high end masks costing alot more.
If RMS P2P can get their masks into the market and ensure a quality product then they can set a high price tag.
Good luck to everyone, I think we need patience on this one.
What is the background on this rumour? Has there ever been any press about them listing in the US.
With the roll out of vaccine , there will be less lockdown and more circulation of the population.
One of the knock on effects of the lockdowns and increased hygiene is that there has been a significant decrease in the number of cases of the 'regular flu' (southern hemisphere has already proven this), but if we go back to the norm, then flu will spike . Everytime someone goes to the doctor with their flusymptons they will no doubt have to be tested for Covid, even if they got the vaccine in case immunity has worn off. Unfortunately Covid testing is here probably for a decade.
Ther has been alot of repositioning on BTC in hte last week or 2. BTC price has held very strongly above 18000. But we will have to wait a month before the 13-F filings from any corporations of funds that bought into the alt currency market and miners .
So we may have to wait a month before we get big news on ARB or even an RNS.
Good luck all
The vaccine news isnt about public health at this point. The vaccine news is merely a vehicle for companies to manipulate their SPs so the c-level executives can dump some options, for the market to swing trade and rip off the PI's and for politicians to gloss over their collective failure to deal with this issu properly pre, during and post the arrival of Covid.
Anyone who is rushing out to take one of these vaccines in in 2021 is off their chuck, and I say that as a person who is 100% pro-vaccines and has experience of the most cutting edge bio-pharma research industry.