Member Info for london_balling

I expect there were people who knew Tim Berners-Lee who used to say ‘gosh you know what, I wish Tim would give it a rest about that bloody world web thing of his’...

Nasdaq doesn’t just change the game it is the whole ballgame. Sorry to go on about it.

I know they have previously been normal but I can’t help but feel they will be less so this time, if only because of the sheer volume of people waiting to pounce.... I feel like the drop will be less deep so a 30% might be the new 60%... I don’t know. Famous last words i know. That said I still have a nagging feeling for a quick visit to 27-30k before we take off again ...

Which is why it pays to maintain good connections and working relationships through thick and thin..... if you watch those videos back he was pretty much telling us what was coming ha!

We’re a week out from a 28% drop and the largest (in $) 24-hour drop in bitcoin history. As you were.

Some of the replies will make your eyes bleed though. Honestly despair of some human beings.

This is bitcoin not Argo, by the way people! Relax (well, kinda relax as much as you can while invested in Argo)

Weren't there a similar number due to expire on Christmas Eve? What happened there? Genuine question, I don't know, not being sarccy (this time ha!)

Pic on stocktwits

https://stocktwits.com/symbol/ARBKF

Without a 25% discount too! ;)

Oh and if you don't want to cash out then why on earth do the hourly and daily fluctuations of a share price matter one jot?

Bucket that's absolutely fine, you want to cash out, entirely your prerogative. Credit to you for getting in before the first big rise and I'm sure you'll be very glad of a 250% or 300% rise. Make no mistake, if we don't embark on any other plans which temporarily depress the price then that's all you're getting... as are we all.

I'd much rather attack from a position of relative strength now in the hope of the £3 (fair value now imo) or £5 or heaven forfend £10 by next Christmas.

Thing is though that the price should now ultimately stabilise higher on account of the thing that they did that caused the price to destabilise now.... I'm happy enough with that.

And yes, I'm in from 4.6p myself, and I've seen 40% of my holding's value dwindle away too, but I'm sure it will come back and with a vengeance at some point in the coming weeks and months.

If that's really closed at 90p, despite THAT placing, the overwhelmingly negative sentiment among Brits and traders, and the MM's manipulation then that is an incredibly bullish statement. Tomorrow will be very interesting.

Patience should last for more than 10 days after you buy a share, bucket..... honestly, some people wouldn't understand good news if it sat on their face.

As someone said I expect we'll know much more on Thursday night/Friday morning. All this also fits in with that tweet Perry Hothi liked on Saturday about rapid expansion in the coming months too, plus the impression I personally and others too got from PW in his videos about the need to be aggressive and using existing relationships to prosper. Personally I'd be surprised if this is the last thing they do like this, I kinda hope they leave it a little while just because I don't want to burst the balloon completely and be left with a lot of mistrust and negativity around the company. As annoying as the herd is, we are going to need them to want in to drive the price up for the rest of this year.

Hey for all we know they were discussing this two weeks ago when the price was less than half of 80p.... they might have agreed an amount of time for the price to settle. Far more likely to me though is the need to strike as quickly as possible. We have secured those machines and they will be mining in the next few months. Riot have to wait until Christmas for theirs and Mara' first batch are only due to arrive in May ready to start work in June. The iron is as hot as can be in a crypto bullmarket and PW has struck as hard and fast as he can, without going into debt (Hey, we still have that option if we need another upgrade, which we might!) and without a public placement which would actually drain sentiment and drop the SP even further in my opinion.

It's just like bitcoin..... and sadly after the herd arrived the week before last we're surrounded by plankton these days...

Stalker the good news was the doubling of current hashrate, the third paragraph of the RNS which has gotten everyone so antsy. Maybe if they'd flipped it and said 'We're adding 600 petahash in the next few months... oh and by the way we did it with £22.4m of institutional money' it might have come across better.

Bottom line is a crpto company and its shareprice will live and die on the success of its mining operation and HODL and the positive impact on that this morning is disproportionate to the negativity of a slightly discounted placing agreement.

In a month's time today will be forgotten and we'll all be euphoric again, hopefully watching BTC rocketing. The legacy of today will however live on in those new machines and the ability to hold the coins we mine as they potentially grow x3 or more in value in the next 5/6 months.

I think we'll see some large buys reported after hours.

If Argo really is a bitcoin proxy then why wouldn't it follow the same pattern.... sharp drop spooks the weak individuals, whales come along and snap up all the coins/shares. The fact some find this so hard to understand is vexing.

If you believe in crypto and bitcoin then this is a share for you, if you don't then really, please, for your own sanity and ours, walk away and leave us to it

I’m sure we’ll find out soon once the list of significant stakeholders is updated! Grayscale?! Hmm....