Member Info for Blubay

$40k coming up shortly...

It's the same thing but the shift in the curve is exponential rather than linear over time, so yes bigger in numerical $ terms

That dip in BTC at 16:20

https://imgur.com/7TR4VwM

@Max - 22 May = "Arb is strong share... it will hit to £1.5 very soon....hope for the best....."

Monthly BTC options expiry on Friday, $30k is nowhere near going to balance the shorts and longs, likely it will be a fair bit higher than that, temporarily or not

As predicted, ARB is already outperforming/leveraging the BTC trend up (drifting higher relatively). That's plenty of momentum for me.

Forget about 'rocket engines', rockets are just as problematic as falling knives, it all looks good and a steady increase will be much better for us at this point.

There will be retracements before it gets back there, profits will be taken along the way

@Hexam - perhaps both things simultaneously, i.e. approx. $1bn liquidity (based on hold minus cost margin) and approx. $1bn cap (based on 10x P/E )?

I'm still erring on the conservative side, $80-100k by mid September, with ARB tracking to maybe 280-290p at £1bn cap, higher by full year results and a BTC step up in early 2022.

Did I predict a return to $38k BTC in time for the opening of the US market...? Mine's a G&T phew!

Very good news for Argo, if true, but it hasn’t stopped them in the past four years so it’s unlikely to now (and as long as large interests are held by senior party members it’s not going anywhere)

SP also up,

on the weekend low, and rising

It’s $35.8k, which is already higher than Friday’s low, and rising.

In case you hadn’t noticed institutions are piling into crypto, including Bitcoin, which is part of the reason private sellers are being fleeced on the dip.

But not if you think it’s going back up again :)

Selling on a profit and buying in again low, makes sense. Selling at a loss in a growing company like Argo would be insane.

Never, ever, trust anyone who comes onto a BB to tell other people what to do with their money.