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FOMO will come in eventually. The UK market still hasn't woken up to the opportunity at present and I can't seem to figure out why. Crypto is much more mainstream nowadays and adoption is happening quicker than ever. Yet these dinosaurs prefer to focus on companies that are either making a loss / no revenue at all. It's wise to hold cryptos as well while we wait for ARB to catch up. Certainly helps my frustrations.

Don't jinx it pop! I never want to see 4p again. Rather see 40p which is still too cheap

We reached 20k last time based on pure hype. This time we have increasing interest from institutions and a wider acceptance of cryptocurrencies. Plus you have the usual factors of money printing etc. The bull market should in theory be a lot more explosive and the time to be giddy on BTC is when it reaches 50k+. For now, hodl/buy and enjoy the ride. People have held cryptos / arb shares in losses for a long time waiting for the next cycle so there will be tiny bumps along the way but miniscule compared to the potential gains. Just a shame the UK market is slow to catch up tbh.

Honestly couldn't predict it at all. It might consolidate near 15k or just zoom off to 20k. Either way, now is one the best times to get Argo below 10p. We're only going to get more bullish from now.

Agree Pop. But I think the majority of us have accepted that this company is a game changer and extremely undervalued so I can only see more upside from here. You've been patient this long already so waiting a few more weeks/months is achievable. I'm glad to see mid 8's though as I was getting really tired of seeing mid 5's & 6's for a company of this stature.

The level of selling today has been shocking. How do you sell when BTC is gaining real bullish momentum which will see 15k taken out soon?!

https://www.forbes.com/sites/michaeldelcastillo/2020/10/13/stone-ridge-reveals-115-million-bitcoin-investment-as-part-of-billion-dollar-spin-off/#3c4d65c09850

Seems whenever we have a slow gradual rise in BTC, there's a clear lag with ARB but it does catch up eventually. If we do get to 20k, I hope it happens really quickly rather than a couple of weeks as that will boost the share price massively.

https://www.cnbc.com/2020/10/08/square-buys-50-million-in-bitcoin-says-cryptocurrency-aligns-with-companys-purpose.html

Completely agree with you Kiwi, however we're focusing too much on the BTC price when there are things the BoD can do to help the share price along the way.

Ever since we changed business model, I have been impressed by Argo's strategy when it comes to buying machines and timing the purchases of coins etc. As I mentioned in the group chat, if we are a company with plenty of potential and on the road towards making a decent profit, then why aren't we getting some sort of financial backing from more institutions / more interest from investors in general? For all we know the BoD are working on this but for some reason it's not happening. It feels like we're just waiting for the monthly updates + BTC eventual parabolic rise, but that will take some time so it's very likely we'll drop back into the 3s because the mining difficulty won't go down too much so BTC productions will be lower.

And of course, there are still other things the Bod can do as mentioned by other shareholders such as more director purchases, dual listings etc. This is a great time to try these things to boost the share price as there are a lot of positive factors surrounding Argo such as BTC bull run, good machine setup and high mining margins. If we don't try these things now, then when will we?

All I'm saying is that BTC bull run will happen but until then, surely there must be more the BoD can do to keep the share price from consistently dripping everyday.

Sorry to hear that Pop. Indeed the future is uncertain but I do hope to see you back here if things change for the better. Best of luck to you.

BTC hovering near 11k so let's see if we can finish >6p before the weekend.

Agree with you pop. We have waited long enough to see a decent return based on the fundamentals. Clearly any result achieved by ARB will be underappreciated and overanalyzed by the market so I think we will see >10p when BTC is 20k regardless of any achievements by ARB. Till then, it's a waiting game.

They have done a pretty good job compared to their peers but if these results don't gain any recognition, what's the point? A profit is still a profit even if it less and it is considerably better than a lot of other companies on the market.

I thought the same. Either way, the result will give us a good indication of how effective the mining strategy is.

No idea why I put my own name in the subject. Clumsy me!

Hi guys, just seeing all the estimates for the next result. Why do people think we may mine more bitcoin considering difficulty has gone up a bit? Cheers.

Don't Riot HODL 800+ BTC? Perhaps that is why it has risen so fast?

was expecting a drop considering bitcoin shed a few points. Seems to be consolidating well here. Good sign

Stay strong LTH. Our time will come .

Also had to top up again...insane value