Member Info for Chaebol

I really felt 72k BTC would flip the miners, bar argo.

What price does BTC have to go to for this run to start as they are all walked down again today and 72k isnt enough!

I think btc surpassed 50k that day and every miner was at its ath and Argo issue a statement……’baffled at its high share price’ x;)

That rns was the end of the beginning for Argo.

Even the name Pheonix is a pi55 take to the ARB bagholders.

IF they ever get anywhere would be worth reminding to short them.

Hahaha MB, reminds me of that Michael Winner advert back in the day "I don't get out of bed for less than 50 grand"

On the cusp of 70k.....looking very good !

I'd chill GI. When i see posters post losses, people seem to rally round and offer support and if you post profits you get peoples scorn.

I am always happy hearing from long term posters who are recording good profits especially after 2022 in this space and apart from 1 or 2 posters that do not post here anymore im sad when people lose money.

So i say fair play bowlers you had to go down a long windy road to get to that point and now 140k is REAL money to anyone.

Congratulations ! Bowlers......whens that cruise ? x;)

An unnamed miner with $350-400m of machines bought this year but nowhere to put them. “That is not uncommon” apparently.

When MARA did this it was set up as the next disaster that would bankrupt MARA but when CLSK and RIOT do it 'That is not uncommon' x;)

CLSK had 15-25000 XP's in boxes for four months with 99.9% uptime x;) and I'd say RIOT are the main guilty party to this 350-400 million of machines with nowhere to go.

Is Rockdale and riot's data centres ruining the machines ? and is that the reason RIOT have lot of reluctance to plug them in ? some very strange goings on but like the article said it doesnt matter its not uncommon lol

Good point CLSKBull, very bad trades can become very good trades in a bull cycle and a worthy reminder that being underwater in a crypto bull cycle can change very quick and imo isnt worth worrying about unless you hold argo x;)

Keep the faith Kpa1 those 27 buck MARA shares will look a great trade soon imho.

GLA

Lol CLSKBull, you do forget about them, it's mental.

Since the ETF's launched MARA volume has nearly trebled some days but always well above double. That tells me naked shorting, margin plays and options are being gamed out on a large scale and very difficult to hodl through. The swings are just too strong.

Self sabotaging definitely agree with.........probably got through that 1.5 billion ATM and another 420 million in bonus shares, and at very low prices! quite unforgivable......... However, this cycle will still be good for us and then who knows may be a big short coming 2025! I believe we will have a fake strong stock market right up to the US election and then the big crash comes !

Leepot that 180 ish to 120 was hard and fast, i think it was dilution that did it or insiders selling. It's climbed back quick and its still way undervalued imo. I cant imagine the figures being way out in Feb from Jan figures, so this could be a quick climb to 3 bucks and then its still only 50 million mcap ! I am getting interested in these inferior miner plays, btdr always been on my radar but never invested. ill take a look.

Yes Jimiimi thats the one ! definitely one of my favourite calculated gambles this year.

I am the Mara Man here i guess x;) thats my go to, but i trade and play margin with it, the swings in miners presents far too many opportunities just to hold blind imo and it's a lot more fun x;) I do expect MARA to get quite a lot of love after the halving.

MIGI run up well last 2 days for me, still see bags of gains on that one and if youre patient GST could be the almighty winner this year, a real potential 30 50 100x bagger imo.

Definitely exciting times to be involved in this space and a very high probability of making large gains in this cycle.

GL

Yeh some great bargains and wins last couple of days. Maybe should have been a bit braver but this is the game we are in.

BTC looks prime for a breakout would not surprise me to see 70 odd K very soon, BTC mooning before the halving has definitely changed the dynamic from previous cycles.

The next 4-6 months is game on imo.

GLA

A lot for me is based on the exchange and the full FCA approval (pending). Revenues arent that troubling with the buy outs they have done with easysend and Angra FX, I am anticipating news soon on the full FCA approval, and that will increase its revenue, plus the soft launch in the GS20 exchange is already delivering pretty solid volume.

Fully FCA approved with FX payment processors and a crypto exchange has to be worth a lot more than 20 mill.

Fred has said before that the dilution would stop and millions got diluted a few days maybe a week later. Im sure it was around December January 2022 -23 time when all kinds of chaos was happening. CLSK said the same no more dilution and then diluted loads more.

These miners have to dilute to remain competitive as cash generation isnt enough to sustain them. So if they told me right now no more dilution I'd be wary of its reality.

GST has that Argoesque feeling like December 2020.

Every holder I speak to is shaking their heads at these prices just like they were with Argo in November December 2020, 30-50p would not surprise me, definitely a potential unicorn in that company.

Thanks for the correction Leepot. They've done some diluting as well, 20 million mcap looks very cheap but hopefully wont be in it for too long.

Are you involved in Migi and what do you reckon?

Bought some migi yday, 7 million usd revenue for February........ looks cheap imo and good for a quick win and of course bought loads more GST!

GLA

An 8 week turbo ramp from 5 p to 339p and since Feb 16th 2021, the company has been run terribly and all its done since that date is decline in price.

Thats the price reality here. Spitfire youve bought the dip for 3 years you might be the dip here?, and all it does is lose more value in MCAP and sell more assets off to stay alive! what an investment case.

Lol

Spitfire just cant let the Argo dream go! has had his rages at me in the past..... Argo was 170p then x;)

Just keep adding Spitfire your average must be awesome x

A swimming pool for 20,000 miners, must be good for the ESG score x;)