Member Info for CLSKBull

Atrades, this board suits me fine, there are a good number of excellent posters here who's opinions I value. I'm on other forums as well but as others have said there's good knowledge here which has translated into £gains for many of us.

No need to be rude atrades, I'll do what I want thank you.

Late Q1/early Q2 - HNY!!

Zoolander, we've been on this board for the last 3 years posting about Argo and other miners. There aren't other boards on LSE for these other miners so we've been keeping ourselves updated here.

Happy to talk about Argo with you, just ask away - there's a wealth of knowledge we have about the company and can answer any questions you have.

Yeah agree with you both. Riot was overvalued for a long time - although in a bear market it's more attractive with low production costs. However a bull market you actually need to mine some bitcoin if you want a good valuation. Anyway mcaps seem to be more realistic now. CLSK might flip riot when the 6EH comes online, or at least close the gap. Think Riot needs to dilute to fund their expansion plans which will hold them back a bit - but will increase mcap....

Volume profiles are similar for CLSK and RIOT now. Riot has a little more than clsk but not meaningful. Mara has 4/5x the volume and mcap has moved away and cemented itself as #1 miner.

ETF news likely next week - let's hope the general markets start turning at the same time to turbo boost the miners.

I think it's just overhang from the strong rise at the end of last year. Did you see they are talking about opening a bitcoin trading desk, hopefully it's not an Argo labs. But given their track record maybe they'll be good at it. The other thing is their 6eh should come online in Feb which would warrant further uplift. For the moment though I'd say they were fairly valued and wouldn't expect any further overrun in Jan Vs other miners. Mara had a good run yesterday because of their mining figures but also because they dropped more heavily the last few trading days (think they hit the ATM)

Yeah same I cashed out around 2.70, then the next day it ran to 4, but made good money so I'm happy. Bought some SLNH now, hoping it does the same.

I'm sure you'll do fine on BSV.

Happy new year chaebol, I'm still off the view that we have a pre halving run and that miner economics/fundamentals are less important for the time being. Halving impact will be countered by increased fees narrative. Prepare for a more active board and fantasy forecasts.

I think H2 will be the reverse and will start to see off most public miners

Ds, happy new year and hope you made some money on MIGI.

I still don't see how a uk court has jurisdiction over bitcoin or deciding who is or isn't Satoshi based on a handful of lawyer submissions. Anyway i don't see Craig winning anything or this having an impact on bitcoin.

HedgeHogarth 18:44 - Not meant to be looking at this board during this break but couldn't help myself. Saw your post and had to respond as you claimed it as factual.

(1) Yes on the bitcoin price, the other is an opinion which may or may not happen.

(2a) Most miners are UP over the last 30 days (mara/riot/clsk/etc) it's been a great time for the regular posters on the board who are invested in various bitcoin miners - not sure if any are down over that time period.

(2b) That's dumb logic. Bitcoin miners generally move 2 to 3x the BTC price movements so your example is beneath the low end. If miners tracked btc movements 1:1 no one would ever invest in them.

(2c) Bitcoin price is higher just now and Argo has been mining better, so the bank account might have actually gone up.

Argo's fundamentals are bad - but share price can do anything, especially when fever sets in.

Yes Merry Christmas all and thank you Santa. I'll also stay away from this board and try my best not to keep watching prices - definitely an addict. Happy new year all when it comes.

Yeah looks good - hopefully they put out another update soon to confirm it, keep the news flow going.

Doesn't mention the compliance thing, but a positive update anyway.

Update out:

https://mawsoninc.com/mawson-infrastructure-group-inc-announces-monthly-operational-update-for-november-2023/

Yeah the CGT changes are a joke. I'm sure they'll come for ISAs at some point.

Yes a massive generational generalisation forgive me.

Not all alts are linked to bitcoin, there's a number of layer 1's and sub-ecosystems plus stables, where eth previously dominated.

Bitcoin is here to stay, and I do hope we are at the start of a bull run, but until proven wrong (and I hope to be proven wrong), I think next year is a year of two halves for BTC price.

Yes all valid.

I'd add that the younger generation seem to see Bitcoin as boomer coin - and boomers don't want it. That might all change with the ETF - which is the wild card - and on go live we'll get a good feel for how the market sees it - at least the media narrative will change.

With the timing of this current market run we have a very interesting January coming our way.

404, I could be off by a quarter, or could be totally wrong about it all, but everyone has to take their own view on what they think will come and act accordingly. Bitcoin has not been through a proper recession - it was born out of the credit crunch - I just think if markets go down, bitcoin will also go down. Event or gradual decline who knows.

Yes, memecoins are great for fees, and between that and general market running and ETF hopes, they are keeping our miner dreams alive. I think there's a distinction between memecoins and NFTs, but people will throw money at anything that runs, especially something new. Eth seems to be out of favour I agree.

Chaebol yes anything can happen for sure. But how much money does joe public have to throw at these things now vs then? A lot to play out, but let's hope we carry on seeing green this week.

As I believe the stock markets will peak late q1 and then crash after, I therefore believe that bitcoin will also crash. But I still see a bull run first in tradfi and hopefully the etf sparks BTC into action. Otherwise I worry that btc demand will be lost to poor quality JPGs.

Migi has done 12 days now, and are due a monthly update. Maybe we get it tomorrow.