RE: Argo competitor Marathon buying BTC26 Jan 2021 18:43
There is no chance of Argo going down to 35p if BTC goes down to $20,000, we are profitable at $9,000 and we will be mining more at a lower difficulty.
depends on the price of BTC, last year average was Hodl 10% but last month was 30% and because we have more cash, better profit margins and PW wants to Hodl more this should rise significantly
I expect between 90 and 95 coins for January but at a greater profit margin and with a lot of money coming in I am expecting a rise in Hodling, next month will be much better with the new machines running
The problem with the Americans is that they think 350 million shares is a lot, they don’t go by market cap, really amateur some of them, panicking if it goes down 10 cents
RE: Just to temper enthusiasm a little....23 Jan 2021 21:26
Have to remember there was a lot of FUD and fake news re BTC at the end of last week helping to rig the price and the big boys took the opportunity to get some cheap, not sure charts will work with all the going's on.
You will never guess the bottom but Michael Saylor, MicroStrategy CEO just bought $10 million worth of BTC so good enough for me, don't think it will go down much more