Member Info for london_balling

Difficulty went up by 10.8% when the first ATH in Jan hit... when bitmain eventually dump 110,000 rigs on Mara and Riot get bumped from 1-4EH then the difficulty will pop. Plus bitfarms now have a lot of microBT rigs coming too.

As always I obviously massively hope I’m wrong and you’re right, but I don’t want myself or anyone to be disappointed if we ONLY hodl 2,300 come December 31 that’s all!

But the difficulty will rocket as much as the price in Q2/3... 2000 is a good sum to aim for imo and 2500 would be a dream at $250k+

Dear lord :( The exact point I was trying to make but my decimal point recognition is always one out of where it should be... just like Argo’s SP.

I’ll stop trying to use maths to back up my points I think... :(

Flower, the 129 last month were Bitcoin and equivalents too though. Zec rising will help but there are finite numbers of both which can be mined each day and we have a lot of competition. I just don’t see how we get above 175 but would be thrilled to be wrong.

I live for posts like these.

My only brain itch is whether LSE would play ball with such a high PE... could it turn into a tug of war between the two markets as to how Argo is valued?!

Bipolar meds must be wearing off...

200 a month would mean 6.5 a day which would be north of a 7% share of all the Bitcoin mined globally. I’m as positive as anyone but I think 170-175 would be a potential ceiling we’d struggle to break until further expansion (or other miners on the network giving up of course). Second half of this year for sure though thats got to be the target!

He’s great and all but Argo is between x3.5-4 over the past few months. (Not last week, no, before anyone says!)

59% now ;)

I'll bow out now as I don't want any bad vibes, it's just the disparity you seemingly feel is not supported by the facts. The gap has closed and will continue to close, and all for good reason, the fundamentals of Argo are significantly better, Riot just had a head start on the journey and have been making hay.

I might be tired and my maths candle burned out, but seeing as how looking short term is in vogue, I think that Argo being 6% up is better than Riot being 1% down...

These are the kind of numbers that make sense in my head. One factor though is that we don't know if the new ePic rigs will be as powerful or efficient, or even more powerful or efficient than the S19s.

Oh and Pluto.... :)

Give it a year and see....

FFS haha. I do need a rest.. and a maths teacher... ugh

$50 to $55 was the idea....

Argo have outperformed Riot in terms of % growth since the end of October. That's not ramping, that's stating a pure fact. Same with Mara. Same with the other juniors too. This week Riot have been better, yes.

You're surely not one of these people who thinks a share going from $50 to $60 is better than another going from £2.20 to £2.43.

I'm glad y o u ' r e not my English teacher.

And fireblade probably chose the past month as that's a decent period over which to analyse data. As previously stated though, the only period in which Riot has out performed has been the past week.

No IPO. No new shares... well, not on account of this, who knows when we might need a few quid ;)

It's like the listing on the OTC, nobody noticed a thing except the price going up.

My point was that we have been catching them in every single week since October, bar this past one....

Sorry, you're right $79.50 to $34.36 is only a 57% loss... my bad, tired mind. That's actually pretty good. Still more than twice as bad as Argo, mind.

Riot also lost 120% in the previous three weeks.... ZOOOOOOOM OUT.

I strive for your levels of passagg, G! :)