I’m all for bold bets… but that scares me. I’ve just shy of 20% of my holdings in Crypto with by far the largest in Arb and at times recently I’ve stressed a lot over my level of exposure.
RE: Small spike tomm would be nice…19 Aug 2021 22:40
I’d love a bounce but fear the worst and don’t hold much hope on that front. Any small rises would be welcomed but can’t see past this continuing to slowly drop away until we see some positive traction on the deliverables. Still holding for now tho…
All things considered does anyone else share the view that ARB at present represents an ideal takeover target..? Given our credentials and current MCap (and the fact it’s being held back/dampened) surely these make ARB a prime target at present and any very large institutions wishing to get a foot hold in Crypto could do far worse than ARB.
The longer the MCap stays depressed the more I feel this is a likely outcome.
No your good. I understand the principles. But we are talking rural land here and not prime urban or city real estate so the numbers at least on face value take some digesting.
Average cost per acre in Texas is $2900, that’s readily available. So that figures used in the Boatman report are low but not a million miles away. At most we should’ve paid $500k for the 160 at the Avg price. You could double it for 320 or a premium site next to Substation so $5m does seem pretty steep.
I agree, big ol tree shake when everyone is looking one way do the opposite… All talk about increasing BTC price with some decent revenue numbers. Only going one way right? Nope the MMs do the opposite to look after themselves and screw the PIs. Time to hold tight