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Every time btc meets results levels it takes a few attempts to break it and when it does it gets smashed hard so this is not a shock when you look at it’s history, this Will bounce back up
Cheabol we will see , I think miners will do well again but I think later in the year when the halving has settled and for Mara I want to see the next quarter news to get involved with them , the thing like I said before is I feel like the bull run is passing us by
With all this dilution coming to miners to try and get infront of the halving , miners are getting bigger but the shares in the companies are getting out of hand , Mara selling shares to a ridiculous degree imo , iam sick of seeing the btc going up and up and miners going nowhere, feels like iam missing the bull run , tbh I think a lot of people are doing the same , Mara are going to have between 250-300m shares in circulation by the end of the year , in the last bull run they had 60 m shares , BTC reached 69 and Mara was about 80 dollars ,Mara is 28 and btc is 66+ you do the maths
Cheabol Iv took my £24000 out of miners and put it into micro strategy, tbh iam sick of seeing btc going through the roof and miners sometimes even dropping so for me now it’s easy btc goes up so does my money , gl
Iv been all over Mara for a long time , but now I am thinking because of their dilution in 2024 , other miners may b a better bet , today will b a clue about which miners are going to rocket along side btc , then I will make a decision?
Wow greyscale 500m , sell off and still btc holding , greyscale had 1.5 billion to sell off from genesis I think , so at that rate it won’t take long if the demand for btc keeps going there will definitely be a nice rise in btc next week
It’s not about day traders forget them , it’s about the rns news , this will go one way or another very quickly so don’t worry about fractions
Growthinvester , listen a few of us have told the people on here why this won’t survive, donotpanic and others can’t give a logical reason why this can survive , oh btc over 100 after halving, it still won’t b enough for Argo , he and others dream of £1 again , blue in the face and all that , the lights will go out and that’s a certainty
Mara sold off 1 in every 2 btc they mined in the last quarter, to help pay for mining cost , and sill sold 43 million shares , Mara have loads of money in the bank but more shares in play , it means it’s actually worth less to shareholders the bigger it gets ,, so the more pieces of cake you cut the smaller the pieces get , joke
Talkinboutwillis changeable by the news of dilution and the sell off of 1.5 billion of shares coming in 2024 , no one could have seen this coming and tbh that sell off could have started today it has to affect how you look at your share ?
after mara released that **** show last night share holders losing confidence in them and all miners , i hope the miners realise that all this dilution is not the way forward , ok the inflation in usa didn’t help but btc still over 62 this is a clear message to the boards of the miners , the share holders don’t like this at all, i think the selling will level off but mara shareholders didn’t expect this level of dilution that’s why the sp was so far ahead of its rivals ,shareholders thought mara was different to the rest , but there not who knows where this will level off
The negative I have about Mara and others is I know you have to dilute to reinvest to get bigger and more powerful in your field but by doing this to the extent Mara has done one neutralises the other out so the sp can actually fall which is what has happened , in 2020 the shares in play was , 60 million now it’s 267 it’s getting to a stupid amount now , I think it will spike again soon then I will make a decision , but untill then I will hold
Just hold tight this will bounce back as long as btc holds , we’ve had quarter results and inflation news both not great , now that’s out the way hoping this starts to climb, diamond hands is all the advice I can give , but as always dyor
The ones that will b for sale will more than likely b old , to exist after halving you need to buy new and a lot of them riot spent 100m on their last purchase, your clutching at straws plz take my advice and get out , Btc flying high and Argo falling , I know most miners are but they are investing million to cope with the halving , Argo are spending millions just to pay debts and keep the lights on
He am , how could anyone buy Argo after what has been saidlast night, it’s incredible ffs wake up a snowman has more future in July than Argo , the big miners are going to find it hard like mara and they have 1 billion in the bank and hold 17000+ btc ..after halving any host miners are dead in the water very soon , mara was 80 dollars at 69000 btc last time , but only had 60 million shares now they have 267 million shares it’s all relative, It’s unbelievable how Argo got above 5 p when all these facts are out there ,
Cheabol , where do you think this leaves Mara and other miners after all that has been revealed tonight ?
Cheabol yea 43 m shares it’s so Frustrating atm if btc keeps rising this has to turn , the one good thing I believe Bitcoin has got a lot more legs 🤞
Btc up 4000+ today and most miners getting smashed Mara has recorded record profits for 4 q and have been smashed over 10% after hours I don’t get wtf is going on , if btc falls back to 50 what sp the miners then ? Argo 14 Mara under 20 it’s crazy , miners not popular atm?
Diognostic the shareholders know when this hits a certain price it will dilute that’s why the sp is stalling
Cheabol let’s hope it’s a Jamaican beach and not Margate 🤞