Member Info for Money_nvr_sleeps

I am fully in the BTC more valuable than Gold camp.

The point was both of them have a finite amount available.

Gold is still rare and had a high economic value due amongst other reasons, it’s scarcity. Hence it being a precious metal.

had an unlimited circulating supply do you honestly think they’d be as valuable an asset as they are now?

Do what you like but anyone who asks I say avoid Doge. As a small fun investment (to ride the pumps & dumps) fine, but highly advise against putting serious money into it.

Do you know what circulating supply means?

*and that means the value of the coin is definitely going to increase does it ???

Doge needs to be bought in the tens of thousands every single day just to maintain price.

and means the value of the coin pinning the coin is definitely going to increase does it ???

Doge needs to be bought in the tens of thousands every single day just to maintain price.

Rana good luck mining a coin which has no limited circulating supply.

Another who lacks any knowledge on cryptocurrency.

Mindboggling how many people on this board who are supposedly invested in a Crypto Mining company with their hard earned cash are seemingly not convinced by Bitcoin and where the crypto market is heading.

If you’re not confident which way Bitcoin is going why on Earth are you invested in this stock.

It’s no surprise that these are the very same people who cry on this board when the SP drops slightly. Part of investing in Argo is doing your own research into cryptocurrency and blockchain before investing... you’d have thought that would be obvious, but seems many have just jumped on without doing any basic research.

Would be a good plan. I am a little concerned with what will happen after this year regarding BTC mining, so they definitely do need to diversify and ETH would be an excellent choice to focus mining on, amongst others.

I actually think ETH is going to give BTC a run for it's money this cycle, it appears to have broken off from relying on Bitcoin's movements. Think we could see an equal growth spurt between ETH & BTC. Expect both to double on their current price before this year is out anyway.

Certainly a lot depends on how much work has already been done in the background. If PW and Argo are only just looking into ETH (which I'd be surprised about) then perhaps the best thing would be to use a % of profits to buy and hold ETH.

I'm only suggesting a small % of profits to buy some Ethereum, it would certainly look good on the books.

I for one would LOVE Argo to mine or at least buy & hold Ethereum. ETH is sorting out their congestion problems which is already positively impacting the fees, Gas fees are reducing. 90% of Dapps are built on ETH network and that includes many DeFi and NFT projects.

Combined with this you have the likes of Polygon (Matic) providing a scaling framework for Ethereum, the 'Internet of Ethereum.' Both Polygon and ETH are complimenting one another and that's why they have both seen awesome gains over the past few weeks.

I full expect ETH to hit $4,000 USD (minimum) in this current bull run, and Polygon (Matic) to smash through the $1 mark in a matter of weeks.

Argo could certainly benefit greatly from holding ETH.

here's the full movie of the 1963 classic, how they did those special effects using actual models is amazing, used to scare the c**p out of me as a kid haha better than most of today's CGI monsters!

Jason & The Argonauts (1963)

https://www.youtube.com/watch?v=50DZWP-Pz88

might get 'P3ARL5' as my number plate on the F-Type purchased with my Argo returns

so that's why I'm reviewing my holding late August/September and will look to take profits. leaving the rest to run. it really is different this time with all the corporate investments, could well see ATH in December.

Either way, based on the past two bull runs and comparison charts, we've got a good 4-5 months BTC growth here (minimum).

Yeah Bull, you're right, my mistake, for 2017 it was indeed December. the chart is showing possible ATH date for 2021, based on the number of days it takes from halving to ATH (which were the same in 2013 and 2017 bar 2 days).

no worries Bull!

Note the All Time High ATH for both the 2013 and the 2017 runs were literally within days apart (13th Sept and 15th Sept), a strong case to forecast the ATH for 2021 to be in September also.

we have many months of this current bull run to go yet. As i've mentioned in other posts, i'm holding Argo long term but will review around August/September to possibly take some profit (20-30% of holding and leave the rest to run).

The Stock to Flow chart has been incredibly accurate in predicting Bitcoins fluctuations.

This is a very interesting chart comparing the 2013, 2017 and 2021 bull runs. 'Scarily' close indeed.

As you can see in the chart, which has so far proven accurate, we are not even half way though this bull run.

https://twitter.com/therationalroot/status/1385342632755335173

This is why I'm accumulating more and more Argo whenever I can.

Cheers everyone. Extremely bullish on Bitcoin.

For those enquiring about crypto exchanges thought i'd add my 2 cents. Binance is the main exchange I use, I use Coinbase purely for my Bitcoin accummulation (I dollar cost average every month), and I also use KuCoin for harder to find cryptos (such as Lukso LYXE).

Just need to move away from being so heavily dependent on Chinese coal-powered electricity mining pools and it can be a force for the good, the Terra green mining pool between Argo and DMG is just that and is exactly where crypto mining needs to be.

We're already one huge step ahead of the competition on that front.

"aRgO sHaRe PrIcE iS gOiNg To 50p" - Pearls, April 2021