Member Info for HarChris

The narratives around bitcoin are so disjointed because advocates use every possible angle to promote it even if one point is diametrically opposed to another.

If you think the current system is terrible how on earth is a financial system built around bitcoin going to work when around 1000 individuals own around 45% of the network and likely growing ever larger as whales continue to accumulate? That's considerably worse than what we have currently.

Imagine a financial system that could be crashed on the whim of Michael Saylor.

Because that isn't the case AB, instead many are aware that if they get investors focused on the downside risks there is more chance of share price capitulation the next time bitcoin throws a tantrum... it's simply sowing the seed now to reap a bargain price down the road.

You might think you're helping PI100 but you're not, you're disrupting what is otherwise a fairly harmonious board now. No one is ramping on here, no one is suggesting that this new role is going to send the share price skyward but it's all part of a bigger picture which will eventually lead to an improvement in share price if successfully executed.

If someone comes on here now screaming '£15 by July!' , 'buy this before it's too late!' etc then go ahead and shoot them down but complaining about research being shared on here about the company folk are invested in is really annoying.

Nope I’m not ridiculing it, I’m highlighting how different it is in the moment compared to how simple it seems after the fact. My guess is you were too busy enjoying the fall and revelling in it on here to actually take advantage of it! I’m neither a ramper nor deramper, I caught the Argo and Mara bottom this time around but bottled the much bigger trade I had planned for that eventuality.

'buy clsk on the next dip' 'might go long on the next dip'

It's this sort of hindsight investing that's tiring to listen to. Why didn't you buy them the other day or Mara at $8.8??? Because you thought mass capitulation was about to happen (following Luna collapse) and therefore it was risky even at those prices.

There won't be another dip again like that anytime soon unless there's something new to legitimately panic the market, that calls into question bitcoin's ability to hold above $20-$25k and once again you'll bottle buying.

https://newsletter.blockwareintelligence.com/p/blockware-intelligence-newsletter-695?s=r

I'm mainly in cash so if it plays out like Will thinks it might I'll be very fortunate. Very good read all the same.

Broke? Bitcoin is down 25% in a month and Argo is down 28%, as a leveraged play on bitcoin that's about what you'd expect.

I'd have a bit more respect for you if you at least put your money where your mouth is but instead you post non stop on here about how it's going to zero but are too scared to short it.

Talk about vacuous conviction.

It is a public forum but your posts are verging on spam - try to offer up something different each time as you're just repeating the same thing over and over again and it's making the bb unreadable.

Yes that's right, it was initially meant to be late September but was rescheduled to 19th October.

The traders using charts will definitely be gunning for a retest of that $25k with a potential low of $20k. Truth be told bitcoin did very well to survive the Luna panic and the potential ramifications that could have - wouldn't bet the house on further downside weakness personally.

The sensible will have started scaling in in the 40s rather than going in big - if bitcoin recovers from here you make good returns, if modest, if bitcoin tanks and heads towards $20k you pick up a lot more in the low 30s.

The gamblers will charge in gung ho and if it goes their way consider themselves genius traders.

Are you Damian, Roxanne123?

Good video and seem a nice genuine chap but one correction, Argo will be selling bitcoin going forward to fund the completion of Helios Phase 1, it's being funded by debt and a portion of bitcoin mined each month - obviously the lower BTC is the more bitcoin needs to be sold...

This is so finely poised that it's no surprise a pick up on BTC/nasdaq causes a sudden spike here - both the downside and upside are enormous.

In a year's time Argo could be anything from a few pence to a fiver.

Erm to get rich was exactly the reason that he bought so much bitcoin and then made it his life's work to promote it far and wide. I can absolutely assure you he didn't do it for the greater good!

If you encourage viewers to sell everything, take on as much debt as you possibly can and buy bitcoin, when it's above $50k, you can't then boast about how it's beating other assets over a different time horizon.

Most of them are snake oil salesman - talk about deception: https://twitter.com/saylor/status/1524717026744352770

Wait so you're saying *currently* $30k is AISC breakeven for Argo? What about in five months when they are mining three times as many coins? Or five times if difficulty is adjusted considerably down with BTC @ $20k? Surely then they're looking at a breakeven of about $20k per bitcoin?

And what I am telling you is that nobody, and I mean nobody, is making considerable money from Luna. Sure some random snooty nosed teenager might stick 20 quid at 0.02 and jump out with 80 quid but the rest are losing and many life changing amounts.

I get your sentiment but Luna is a bad example, unless you are talking about those shorting Luna?