Member Info for K3VMC

MIKODX

“Buys are outstripping Sells, and Bitcoin is back on the move. It's looking like we'll have a strong day all round.”

If you know for a fact that buys outstrip sells, please share your numbers with us.

May as well add in the number of unpublished trades that are still being worked. Just for completeness.

It has its own board. I’m sure there would be more interested in that half-baked, try getting millions from an Italian court any time this decade, pie in the sky, cowboy outfit.

Quantum computing level would be able to hack any encryption invented to date, so don’t be holding your breath for success there. Not. Going. To. Happen.

https://www.lse.co.uk/rns/EMH/level-1-american-depository-shares-program-oziri3qnzhsd9tj.html

This is the kind of RNS we will get some day in the next ten weeks.

Not long to wait before the US is allowed to buy ARB more cheaply than OTC, as well as hold it in their pension schemes.

EnricoPallazzo

“ I wonder which part of the speculation is not true: the exact timing?”.

Just a guess, but Amazon developing its own coin seems overkill, since one of huge benefits of btc is its ubiquity. That is precisely what make it attractive to Twitters Jack Dorsey. The patently ludicrous suggestion that Amazon’s coin would be called “Bez”and the operating system “Bezos” were always credibility stretchers.

It made it easy for Amazon to issue its “denial”.

If Dorsey is telling JP Morgan that btc will be the universal, native currency of the internet, on top of all the moves by banks and EFTs into Bitcoin, it is inconceivable that Amazon are not preparing for its acceptance.

All IMHO.

StarBright

"FWIW - I think they'll continue to drag their feet."

I agree with all your points, including this last one. However, I don;t think they can hold out forever, especially now a Canadian ETF has started up. Bitcoin is becoming mainstream and takeup in the US is huge, so I can see the mass adoption of the voting citizens and the weight of Wall Street eventually moving the very-almost immovable object.

https://www.google.co.uk/amp/s/decrypt.co/resources/what-is-bitcoin-etf-explained-guide-learn-easy%3famp=1

26-Jul-21 08:52:33 134.89 89,388 Buy* 120.58k O

That’s what I’m waiting for. That will be the game-changer for all things Bitcoin, because it will open the doors to btc ETF generally and there will be a tsunami of dollars lifting ALL crypto boats.

Yes, we will probably have the most profitable month ever in July and yes, we will get a price lift on entry to Nasdaq, but the real biggie is the first US ETF.

Bitcoin goes up and down, obviously, but ETF money will transform it into a new trading range as quickly as this mornings rise.

SenatorBoomtime

“ I thought this was going to open at 1.60p”.

Well, you were wrong. That can happen.

Just remember the way he trashed ARB, with others.

Bad egg.

S2F, anyone?

alinz, I thought it was interesting as well, up to a point. It’s all been discussed on here before, except for the historical setting, with the industrial and banking barons setting up the Federal Reserve. I also think they planned the Great Depression at the same time.
I see Mel Gibson is planning to make a movie on the Rothschild dynasty. I hope he lives long enough to make it.

My comment was regarding his free information, which turns out not to be free. My previous experience of “guaranteed refunds” is that they are not guaranteed either.

alinz

Very interesting video. I’ll save some of you from going through the hour long sales pitch. You buy his tech tip sheet for £79 for the year with a “guaranteed” refund if not satisfied. You get a book on Bitcoin and he advises you to buy his favourite crypto and a UK company tip.

I passed.

https://twitter.com/btctn/status/1419131032004145152?s=21

Michael Saylor seemed very confident in his $220k by November, but I can’t bring myself to believe that. If we get back to $50k this year, I’ll be delighted with that.

Reduced from 24k to 3k.

https://uk.tradingview.com/symbols/BTCUSDSHORTS/

:-))

Hexam

It wasn't a halving of expenses, I was wrong.
"Total administrative expenses were reduced by 31% from £3.6m to £2.4m." that was in FY2020.

ARB had £11m hosting expenses, but a lot of that must have gone after they bought the facility from GPUone in February, 2021. Maybe that is just made up of the mining "inefficiency"? IF that is the case, profits could be more in the £15-20m range?

TheeDuke

"Mask - ARB has made me a millionaire so deal with that one sunshine . . lol"

Touche!

Mara 34.8
Riot 38.0
USIT average 35.2

ARB 240 That's based on last year's earnings of £475k ( FY2020 £19m).

H1 2021 revenue is £29.96. Call it FY 2021 £60m, so 3x.
Mining Efficiency Doubled.
Expenses halved

Maybe have to wait until H1 results come out, but most of the increased revenue will drop through to the bottom line, so I expect the forward pe ratio to be around 15, which is nuts for ARB's future potential

Happy to look at (most) other people's figures. You know sometimes I make misteaks!