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Last weekend Bitcoin did well and continued through the week.. Let's see what it does this time...
However my note to self is 'it's still early days here relax and let it play out'
and on that note I need some coke to go with this Whisky :)
'Statistics from on-chain analytics service Coin98 confirmed that investment giant Grayscale bought twice as much Bitcoin as miners could create in November.'
https://cointelegraph.com/news/bitcoin-whales-selling-to-institutions-as-grayscale-adds-7-188-btc-in-24-hours
The Cointelegraph video in the sidebar is an interesting watch
Just watched video 1 & 2 again..How refreshing is it to have a CEO answer investor questions in this way.
https://twitter.com/ArgoBlockchain
Thank you PW
Bitcoin $19,500
Interesting lower 24hr volumes today and steady price..
https://www.binance.com/en/trade/BTC_USDT
Worth noting that at the start of November Bitcoin price was $13k and over $19k at the start of December...Nice starting point to the month, in fact the best it has ever been for ARB
The big seller has made ARB feel like a 200hp Speedboat dragging a Super Tanker Anchor for as long as I can remember :)
Maybe a good thing keeping the sp down whilst people loaded up but I can honestly say I'll be glad to see the back of those 100k sells every few hours !
Still very early days for ARB and crypto and with so much other market noise going on this year most investors are probably darting from Oil into tech and covid tests then onto retail then vaccines then metals and the Bitcoin space is still very small and some would argue unproven.
Lets get into the +$20k Bitcoin range and keep seeing growth in Argo ops and we'll all be sitting pretty.
One Crazy Year that's for sure and money printers just getting warmed which bodes well for BTC
I would have thought after the recent RNS typo fiasco someone would have checked and re-checked this months update before release...However
At the end of 'October', the company held 178 BTC in Bitcoin and BTC equivalents,
Should read November ?
Published on: December 2nd, 2020 • Duration: 52 minutes
If you've lost some of your Bitcoin/ crypto mojo today ($19k looks pretty good to me) today's video from Real Vision should reignite that spark
https://www.realvision.com/shows/the-interview-crypto/videos/binance-the-creation-of-a-crypto-trading-platform?source_collection=3c97f854117f4d3ea62350df2291bc62
BTC/USD is more likely to reach $300,000 in a year’s time, the popular analyst says, thanks to an “amplified bullish feedback loop.”
https://cointelegraph.com/news/bitcoin-hitting-200k-by-december-2021-is-now-conservative-willy-woo
If Willy Woo is only half right ARB should be slightly higher next year !
Good Morning NelsontheDog
Argo Bitcoin holdings are updated via RNS each month and I think we all agree that increased BTC holding can only be a good thing.
There was an 'Ask Peter' questions that he will answer and add to the website so perhaps tweet ARB with any questions that you have.
BTC holdings live update on the website could be something to look into...
Could land this week and I keep going over this from Oct ops 'We are delighted to have resolved the issues with some of our underperforming machines and Bitmain remains a valuable partner.'
Those machines had a significant purchase costs, installation cost, removal cost etc..
Our new machines are being leased so no point having a credit with Bitmain...
PW must have asked for his money back along with out of pocket expenses and if Bitmain said ok we could have this months outgoings covered with this refund.
So i'm going with 120 Bitcoin mined and all added to the Argo Holding taking the total to 257 BTC
Maybe wishful thinking on my part but I don't see how PW could simply walk away without a refund on the dodgy kit..
imo etc
I think it was Pop that first posted it on here so thanks to Poptimist (if it was him)
That German chap has just started his YT channel and even celebrated his first 100 subs. He says he will be doing regular updates on miners so worth a sub.
BLONITY AnalytiX I BIG Bitcoin Mining Stock Comparison I Which miner leads the BMXI this week?
https://youtu.be/lr5oWk41H90
Hi guys,
I was here for some time and the sp has done much better after I left !
I hope it ends well here but just in case things get a bit sticky pls take a look at another miner Argo.
That's it, Happy trails and all that dsfat
So for the record I don't believe in Astronauts 'as per the image' but hey that's just me)
Digital currency markets are on a tear this week, as a myriad of crypto assets have seen enormous gains during the last two days. Then finally, on November 30, 2020, the largest blockchain in terms of market cap, bitcoin (BTC) surpassed its 2017 all-time highs (ATH) after crossing the highly anticipated $19,860 zone on Monday morning (EST).
https://news.bitcoin.com/bitcoin-crushes-previous-all-time-price-highs-surpassing-2017s-bull-run/