Member Info for Chaebol

HC when i dont own 1 miner who am i making excuses for?

Fact is selling btc at these levels for what they paid to produce it is a joke and that goes all for the miners selling now.

facts remain riot 7.7 eh and 521 coins is abysmal numbers! paint it whatever way you want! any miner selling btc at these levels is dumb! is another fail!

Mara will be lucky to mine 550 for November another 5hit show its why they remain uninvestable for me right now!

Not many miners benefitted from selling btc in a bull run last year the bull run was a fallacy for many a miner but they did all borrow off the back of it and Mara and riot raised the most for that I reckon they will remain the top 2 both I’ve issues though, low numbers and an immersion shed that’s seems to have gone on forever at riot and then obviously maras own difficulties. However i still don’t see an investment case for either. Very bearish now !

I’m sorry I don’t agree with that. Price and timing is always key, however if miners decided not to sell during the bull run up to 69k they shouldn’t be selling at 16k. How does that model work if you sold all your hodl last year at the high and started buying this year. I’m sure we all know the miners fooked themselves over not selling last year at highs. Selling btc at these levels whether your Mara riot or corz is a big failure right now.

7.7 eh 521 coins.

The numbers for riot haven’t added up all year I know they are on the 4cp but October and November should have picked up.

Why did they sell 450 if they have hundreds of millions in cash ?

AB lol I dont really think you should be calling out who goes bust and who doesn't mate x

but seriously id have expected more eh drop off than this with these prices and future forecasts. So many miners are adding machines or intend to. Will 10k btc make the miners blink ?

Only 20 EH, thats No capitulation yet.

Bitcoin Next Difficulty Estimate
33.90 T
? 8.26%
(in 63 blocks ~ 0 d 11 h 26 m)

Lol if bitf is 14,000 breakeven then why is the sp so low ? They are playing bs games with the numbers all of them, the sooner these accounts are brought up to scratch I’ll start believing it, I’ve seen the hive ceo say 2k for some btc mined it’s a clowns world, with the expense they’ve done on capex every miner is over 40k breakeven and cash costs true cash costs are 20-30k per mined btc for every miner. ‘ in spite of’ what these ceos state.

I have a good feeling next year and 2024 will present good opportunities to buy btc.

Looking at the trend, if It follows previous halvings btc is going to set a new high in 2025. If I’m pick int up btc like I was in 2020 for 6,7,8k I’ll be a happy camper and patient x;) maybe.

only figure i disagree with AB is 0.

The rest are all doable.

yeh btc started moving just before the Presidential race in November 2020 a good 5 months after the halving, also a Democratic Government was always looked upon as friendlier than Trump and the Republican party, then the Covid 19 handouts and the wins on Meme stonks created a perfect storm for btc.

Im beginning to wonder if the next halving will be as strong as the last one.

He was 6 months late, 6 weeks ago x;)

Can he delay it till the next halving ?

lol exactly Hexam, I cant believe people still go on hocus pocus numbers.

All ears Stnz, whos doing it for under 15k ?

what big buys are they Blubay?

05-Dec-22 08:10:15 6.00 666 Buy* 5.50 6.00 39.96

'Cameroon black magic' x;)

lol

its becoming a parody on this board, its flying again old argo! downwards.

I think this needs to come back

ARB 0p
CHAE GLA

MM look confused, all nt for me.

I’m good hope you are too, but I have small corrections, I’ve been on the money with btc albeit a few weeks out here and there since at least July last year same with Argo that’s 16 months pi x;)

Let’s talk again at 9600 x;) we are gonna see it before the next halving.

lol RNS saying Argo is saved I’d like to see that, if the rns guarantees 30k btc mmmmm lol then maybe but someone has to come in and not just save Argo but also offset it’s future losses, who’s got pockets deep enough and intelligence dim enough to take over miners now ? I don’t see a stampede for these low mcap miners, do you know why pi because they’re not even worth that with all the debt they carry.

No they didnt disclose the price, from accounts and memory it was 6800 so defo 7k ish. Like you say all depends what was written in the contract and as those machines were being used for immersion, maybe argo have no comebacks whatsoever.