Member Info for MikeyInvester

I'm using bybit... Great app, No kyc requirements, easy and fast to top up. Amazing UI.

Just be careful, look at the newly released numbers of Dogecoin, due to the number of newly created coins it will be extremely easy to drop in value once a few have taken profits. Play safe people and ensure you set stop losses! GL but I think I'll stick this one out as many will be left out of pocket.

Just something to bear in mind ... We need to hold $2 for a while month before we can apply for NASDAQ listing. Hopefully it's possible, I'm in here long but just not getting my hopes up for anything short term.

Just out of curiosity what types of crypto wallet's do you use? Anyone have a recommendation for any on Android to work with Kraken and coingecko? Thanks

Raharh we mine 5% of the global production of ZCash, this equates to 180 coins a day .. so it should generate a fair amount of cash towards the bills for running the BTC mining machines. Stay strong because Bitcoin has always been volatile, I just set a few alerts to give me the good news when BTC approaches various targets of mine. I ignore the negative news unless I have spare cash to top up. HODL and don't lose sleep! Things will get better in the mid to long term

Halifax share dealing have stopped allowing investments into SYME over the last few days ... just and FYI

https://www.proactiveinvestors.co.uk/companies/news/938678/argo-blockchain-raises-funds-to-expand-mining-capacity-938678.html

How gutted must these of been

https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/iran-reportedly-seizes-45k-bitcoin-083734251.html

https://content.equisolve.net/_4ef3e35e69067b09dbb03a3b004e57cc/marathonpg/db/184/3127/pdf/MARA+IR+Presentation+-+January+2021.pdf

Bitmain have partnered exclusively with Mara so on I doubt we queue jumped, I'd be happy to be proved wrong on this. Do we know what machines have actually been secured? It doesn't say in the announcement... Maybe PW realised he hadn't got an order in for s19pros and ordered higher power consumption, lower TH/s machines... Let's hope we don't sacrifice efficiency to show bigger Hashrate numbers. Also, PW didn't time this buy in very well... If he had waited until a slightly higher share price he could of given away less shares for the same Wonga! Just my personal opinion.. I'd be interested to see what info is disclosed on machines going forward though ;)

economictimes.com/markets/expert-view/europes-biggest-crypto-fund-sees-no-end-to-bitcoins-white-knuckle-rally/amp_articleshow/80297844.cms

Just my 2 cents on this.

1) Institutions are snapping up Bitcoin whilst it's cheaper and holding as they know values are massively going to increase. I noted someone the other day say it's only 1% but I disagree. I feel that with all the fund managers adding small to large amounts into portfolios this figure is far higher.

2) Goldman Sachs is looking for entry, it's in the news at the moment ... This will encourage other firms to invest

3) They have also claimed the amount of Bitcoin that will be in circulation due to lost passwords, deaths etc would only ever be 14million coins, surely this in it's own right would prevent it dropping to zero value. I guess it depends if your buying actual currency or trading, if trading crypto then yes it could drop if it becomes worthless. Owning a portion of BTC will always hold some value.

4) Banks and Governments aren't happy as they can't control quantitive easing with a blockchain currency (if it becomes too popular with everyday retail holders).

5) All this scaremongering is to make people panick and sell, everyone wants to be on the life-changing train but not everyone wants to buy in at high prices due to volatility.

6)Supply and demand will always push up the price of anything, Bitcoin halving will reduce supply and push the price up further... I'm very tempted to hold until 2024 to see the impact on this share as it could rise over $40 in my opinion, if Bitcoin ends up at $300/400k.

7) You should feel comfortable with your investment, lots of people just go with the flow and not do the research prior to investing, as soon as things get a little rough, they panick and sell (probably at a loss if higher entry).

Do I feel Bitcoin will recover in the coming weeks, months and years ... Definitely.

If there is a crash of 40/50%, the buy ins would be so strong I doubt it would spend more than a few days at that level... Holding long-term there should be no reason why this share couldn't be life-changing, have faith, don't panick and best not to constantly watch the Bitcoin pricing otherwise you will have many sleepless nights to come.

Just my personal thoughts.

https://wachsman.com/

They have 22 million more to use by June, on the 2nd video on his twitter he did say over the coming weeks and months. It wouldn't surprise me if there were more in the next week or so. The total is going to be 350 million shares including these. It's not hundreds of millions which is good, it may cause more instability when it happens. It's a shame they can do it all on a single day and get it out of the way rather than affecting multiple days of trade.

I'll have to stay up for that haha

The are a few other holdups to gain entry, I do hope you're right as it will be great for all long-term holders... See the NASDAQ guide link for further info https://listingcenter.nasdaq.com/assets/initialguide.pdf&ved=2ahUKEwj18N_dnpzuAhVHY8AKHQpqC-YQFjAMegQIDBAC&usg=AOvVaw1HCEqNSNqdg2TrIkxgVSHj

London_balling, he's definitely a proactive CEO rather than reactive. The NASDAQ requirements aren't just $2 otherwise it would be simple. Factoring in how long it may take to reach $2 ... Say a week or so on Bitcoins current trajectory, meeting the other requirements could take a month or so. Judging by the time from October until now to be approved on OTC when it's usually 45 days... NASDAQ is 6 weeks usually... I could be 6 months or longer until we get that exposure. In his last video on twitter he did say NASDAQ or any other exchange (makes me think Canada). Again just my thoughts, I may be completely wrong so don't hold me to it. Lol

DNA1, I think the reason Riot would be picked over ARB is because of their huge number of banked bitcoin, I believe this to be over 1k (if it continues to rise then it's likely to be worth billions), future expansion plans of over 3 EH/s for end of year, less shares so bigger jumps in price. People aren't factoring in debt... Just the unique selling points and once they see the running cost against huge debt levels it's likely to tank unless they bring in substantial revenue.

My personal opinion, there are a few things putting off investors

1) Number of shares, after warrants and options there will be 350 million. Even in the recent $250,000,000 Mara raised they only generated an extra 12.5 million shares - 87.5 mill compared to 350,000,000.

2) The fact they are excercising warrants now .. I know a few were due to expire but most had until June, I feel these were excercised at the wrong time seeing as we only just achieved OTCQB.

3) NASDAQ... Our peers are on here where as we aren't, there is no short term plan as far as I could tell. Watch his second video on twitter carefully when he answers the question, I don't think he has any intention in the near future to expand to this market.

4) Future plans, there big boys are getting their plans out early to attract larger investment early on, yes ARBs CEO is transparent but we don't know what is coming in the future... Bitcoin mining is likely to drop considerably as it becomes more difficult to mine due to halving. We should know now what the future plans are so we can price in future EH/s.

Just my two cents, yes we will gain slowly but I don't expect huge gains without some decent PR, uplisting to NAS, future plan release and possibly a share buy back.

Cheers, Mikey

That's to weed out the sellers, the US market won't want the quick cashouts to benefit from too much profit as they don't deserve it. As the shareholding changes over to the US hands it will gradually weed out all of the weak and we will really start to benefit on a higher SP going forward. Being patient is key!