Member Info for Albert82

I've sliced 40% of my position and will be looking to slice 20% after NASDAQ, 20% when it feels right and then leave the last 20% in my SIPP.

The only difficult bit is to not look back at what you've already sold and think "if only..."

Pearls, but no wisdom.

I packed up my very well paid job a few years ago when I realised just how stressed out I was. After a lifetime in front of a PC screen, I now spend as much time as I can in the garden or on the Golf course.
The last few weeks have obviously been spent back in front of a screen, but this is my money, so it's a bit more fun!

I've sliced 40% of my position and will be looking to slice 20% after NASDAQ, 20% when it feels right and then leave the last 20% in my SIPP.

The only difficult bit is to not look back at what you've already sold and think "if only..."

Enjoy the rest of the journey Argonauts

Barney,

I was thinking exactly the same thing and I came on here today to post what you have already said. Nothing wrong with a healthy fact based debate, but some of the comments make you wonder what on earth these people are thinking of.

There have been numerous reasonable concerns raised by some of the regular contributors on this board, but when Eddie one post turns up ranting "The end of the world is nigh" you actually know your invested in a good share.

This happens on pretty much every board, but it still gets my goat.

Good luck fellow Argonauts

We are 100% up this week.

I thought you got a bit carried away, but sherry?

To answer a few negative posts, and to reassure new and existing Argonauts that while ARB are affected by the BTC price, it's not a one to one relationship. There have been plenty of posts to explain future growth, which is why many of us are here.

In simple terms even if BTC stays flat all year, our increase in Petahash and our HODL approach, will increase our BTC position to over 2,000 BTC which would then be worth OVER £100 million. Estimates vary, but I've built a model which incorporates an increase in mining difficulty as BTC increases. So here are some guestimates of our total HODL value at various rates of BTC increase:
Monthly Increase in BTC - BTC at year end - HODL at year end - Value of coins
0% - $50k -2,252 - £112m
2.5%- $64k - 2,195 - £140m
5% - $81k - 2,099 - £170m
7.2%- $100k - 1,963 £196m

$100k is relatively conservative, so however you use a P/E ratio to extrapolate a share value, our MCAP of £800mill today doesn't seem to be anywhere near high enough. Also, I haven't even factored in the future growth in Texas.

As ever DYOR, but I think it's boom time fellow Argonauts

We're up 100% this week, and one reason for this is the NASDAQ anticipation.
As it hasn't materialised (YET) I imagine this will be responsible for the lull today.
It will be history soon.

I think you're calculator is effed.

Close Friday £1.40
Close Today £2.80

100% !!

hahahehehoho, you spelt month wrong!

LOL

Most retail clients can't trade stocks on OTC. There will be an avalanche of buyers once this lists

In addition, many US firms are probably not allowed to invest in OTC stocks, so ditto.

DNA, we're not locked out if we don't sell.

The only thing getting diluted is my gin by a bit of tonic.

Why?

It's hardly flying in the states is it?

We just need NASDAQ and then there will be huge numbers of potential investors, plus IIs who can't trade OTC.

Patience is a virtue

Poptimist does wear his heart on his sleeve, but he's a proper Argonaut. He was assigned First Mate before the Argo even left port.

I think the target is $53,671.

That would certainly make some headline news

There's a placing going through next week which will massively dilute UPPT and the boss Poulden has a very dodgy history. This stock used to be PCGE and he screwed investors there and then resurrected it as this.

While I've been so busy watching my beloved ARB go through the roof, I've taken my eye off the rest of my portfolio (which is now only worth 10% of my total). They all seem to be doing quite well without me checking them every 5 minutes.

I think there's a moral there....