Member Info for JohnHenry

with an RSi of 82 i think a retrace back to the 50 EMA, golden cross so bullish going forward.

This has been pumped to F on twitter, im expecting a 50% retrace once the pump is exhausted which looks like today. Notice the disappearance once again of the resident ramper.

and around 1M yesterday.

another 1 million so far today.

Querty the mining difficulty is controlled to keep the number of blocks mined at a fixed speed. Its the hashrate and the speed of mining that determines the difficulty. BTC price could fall and the hashrate remain high as miners become more efficient, hence the difficulty remains high.

Raaydaar believe me traders havent been providing all this liquidity since the 24th January.

Great buying however who is suppling the liquidity to the MMs ???

Anything negatively associated with China getting hammered.

I cant believe we havent seen more TR1 both on the buy and more importantly on the sell side.

MMs still have shed loads to sell, weak holders still not cleared despite the massive volume recently.

Difficulty is linked with the BTC price, as BTC rises the difficulty rate is naturally increased to keep the number of blocks mined at a constant rate.

Up 0.05p

12 million buys against 14 million sells.

Smallish seller taking the price down, recent placing shares being dumped into the pump.

Query, scotties maths is a little suspect, for ARB to maintain its percentage of mining it simply has to increase its hash rate equal to the increase in total hash rate. Ie if total hash rate was 1000 and ARB was 10 percentage is 1%, if total hash rate doubled to 2000 ARB would need to double its mining capacity increasing hash rate to 20.

Imho the weak IPO holders are now probably out. with 25% over 110 Miliion shares traded these past days there’s a good chance they are finally out.

Woody your research is a little flawed, for starters the new s17 models are set to be standard for the next 3-5 years. Also a lot of miners are using machines with the old 16 nM chips. ARB 9 nM

Expect some selling

they have around £850,000 in funds for rollout

No Heaton has got options over 4M shares @1p over 10 Years.

Hardly a vote of confidence Fing Joke.