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All these billionaires buying and holding bitcoin, all the miners holding their bitcoin, global adoption, rampant global inflation, money supply increasing, corporate debt at dangerous levels, China’s housing market on the brink of collapse, US always increasing their debt ceiling and more, how can you not be involved in bitcoin? No brainer.
Imagine thinking we’re in a bear market when inflation is setting records in most countries (Some of which need an appreciating currency to even survive) , BTC miners are HODLING instead of dumping, Michael Saylor is still stacking, Elon Musk is HODLING, Jack Dorsey quit Twitter to work on crypto, a former Google Exec has joined ChainLink (not that relevant to Bitcoin I know but still a positive for crypto) global adoption is heating up, El Salvador have made it a currency and are mining it with green power. There’s also the possibility that the American government have ANOTHER package coming so even more free money.
Have you seen how much global debt there is? It was at $300 trillion in September, Have you not noticed that every single FIAT currency gets debased wether it’s for a crisis or just to give a shot of adrenaline to the economy? Do you not believe that if there’s another global crisis that the fed won’t bail you out? The fed is a meme if you haven’t noticed, the whole thing is a circus because no one wants to be the one to put on the brakes and plunge everyone into a recession, as of which is just snowballing at this point until the inevitable happens.
It’s an endless cycle of the politicians kicking the can down the road so people support them, it’s dangerous and pathetic that they would crush the futures of their fellow human just so they can have an easy ride, but that’s the reality.
All miners are HODLING bitcoin, Michael Saylor is HODLING, Elon Musk is HODLING, inflation is rampant around the world regardless even if America temporarily calms it down monetary policy will still be enforced and 2% inflation is still inflation.
Also poorer countries will be pouring their money into Bitcoin as their currencies are unsafe to stay in.
All it takes is another crisis (Which is just a WHEN not an IF) and the money printer will be fired up again.
Patience is key :)
If you compare the amount of BTC we hold to RIOT who has 3500 BTC and a 4B market cap, Argo should be at least half that which gives us almost a 4x and that’s just at these levels, this is a hidden and suppressed gem that will have a run similar to what it did last year when we hit 38-42k on bitcoin, the difference this time is we’ve progressed massively and have better exposure due to the Nasdaq listing, we’re only months away from a big section of the Texas facility being built and have thousands of miners coming in, on top of that Jerome Powell has admitted that inflation is here to stay
What is the purpose of the people who come and slate a company at every chance they get? Is it because they’re bag holding from the FOMO a few months ago? I really don’t understand why people who aren’t holding the stock or have no conviction in it come on these boards to talk sh*t, funny though
We’re far from behind, I’m glad we’re not leveraged to the max because when this cycle ends we’ll be in a good position vs the miners who might over extend themselves in the short term, and we’re one of the most green miners there is which is important to institutional investors
I think the reason we haven’t moved significantly is maybe because in the last year or so we’re up 1400%, I bought at 10p a share and offloaded half when the first lot of FOMO hit and we went over £3, since then BTC price is up, inflation is exploding, Texas facility, Nasdaq and a lot of progress has been made in general, I’ve been buying as much as I can under 150 and now have more shares than before, get in before it’s too late, to be honest if you don’t see this as bullish then you better get into index funds or something else less risky, GLA BTFD
Any derampers on this board are laughable, we’ve dropped harder than this before, we’re still above 60k, Taproot network was successful, inflation numbers are hitting record highs, on top of all this all the countries in the world are devaluing their fiat currency, BUY THE F*CKING DIP