Member Info for Barmancy

The only way to beat a short position- is to do exactly what they do — buy when the btc has been driven down to its bottom ( below 50k) then sell when it gets right back up again .. do it again
And again— get the picture
The short runs it’s term tomorrow, so this weekend will start to see a gradual climb or early next week — whatever you do —- absolutely do not sell now thinking you will buy back when it goes down much further —- it won’t and you will have sold low with the only option walking away or buying back in quick at a loss
DYOR- but it’s all out there and seems to be on here now —- anyone suggesting a sell right now is absolutely betting on the short , do not be fooled !!!
If it drops more - don’t sell ——- BUY !!!
Gla

If the sale of shares isn’t a sure sign of big news coming - I absolutely do not know what is !!! If they know news is on the way that will increase share value , yet hold off until that point - it’s illegal ... I’d say top your self up as much as possible before Monday !!! Imho

We all agree they deserve to reap some of the rewards- a lot of people have done very well out of their foresight...
But saying that, if they do it again, there will be a very harsh cost to the sp
Imho

If this drops to £2.40 I’m going all in - absolutely no way it will stay there

Frankfurt has very little bearing on our opening sp.. due to the small number of trades there we can be up or down vastly different to U.K. opening.. I’ve seen price spikes of 50 percent there , then the U.K. sp remained the same

What’s “ the killer 1EH announcement “ that’s due?

I had these as fun pot a couple of weeks ago, but got bored of them - at $45 then !

Good that we get pumped when suggested blockchains come up .. https://investorplace.com/2021/02/as-bitcoin-pulls-back-heres-the-one-reason-it-could-surge-to-80000/?mod=mw_quote_news

Was meant to be a strategic alliance a while ago, probably rumours are based on that
https://investingnews.com/daily/tech-investing/blockchain-investing/hive-and-argo-blockchain-enter-strategic-partnership/

You begin to wonder if there’s been a news leak somewhere in USA .. plenty of things possible, Nasdaq, taking over another miner... you do wonder

What’s happening in USA ? A big buyer just got in ???

Cant way up why this one only has a market cap of 50m but it’s pulling in almost 1/3 of what Argo is ..!might have a dabble,, anyone on them ? I like the thought that they are a later market time , so if something goes wrong through the day, you can bail on night still
Only as a sideline to Argo of course!!!

Pound gaining strength is not doing us any favours...
at this share price we are 10p worse off on exchange than 6 weeks ago , it all adds up

They are given a percentage of shares , I believe the USA market holds about 25 percent of shares . I’m not 100 percent sure, but Nasdaq listing should mean that most people using brokers would be able to access ARKBF trading, so in the U.K. we could do away with ARB ( I hope I’m right as I’m not a fan of how the LSE traders conduct business)

I imagine all the traders who talked this down to £2 yesterday will be selling at £2.40 and making themselves a nice 20 percent in a day .. so anyone else who bought at £2 dip should be happy. I reckon we will see a few sells at this level - absolutely the traders. Will drop back a bit and then find it’s footing for the day
Gla

This is very true and just goes to show how these big pools can leverage the prices - once they start, we will see it more often ... until they realise it is self defeating, because people will loose interest if it becomes too volatile ....

It’s got another few hours of volatility I’m afraid- will start to level off and then begin its gradual easing and rise. Chinese have been selling a lot and USA taking up the slack - so imho , a bit of a dip again into the morning then one of those mad up and down mornings followed by the calm from around noon ..
Just my opinion based on about a lockdowns research :-/
Gla and if anyone is wondering, we are almost over the turmoil

Open at £1.80 with a climb to £2.10, drop to £2 at 10pm then a slow rise over the day ending at £2.30
Let’s see if I’m close tomorrow
Gla and my advice ? Buy at anything near £2, less if absolutely possible
Argonauts are a go

The big short is coming - it will be short lived , but as we flow towards the month end- the bears have got it .. bull week starts Sunday night imho
Sell or keep it’s your call- these will hit £3 again and more, but it might not be until next Thursday or Friday —- it’s happened before ( when we went from £1.40 to 70p) remember all those at £1.40 who thought what now ? They got it back and everyone over £2 will get it back
DYOR
Gla

It is people taking out options and shorting Bitcoin - betting on a dip month end when they expire . This weekend will be a coin toss, heads it gains 20 percent, tails it drops