The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
That was a nasty bit of dropping and swooping this morning. New investers - welcome to the game! Fear/greed and everything in between. Got greedy and said no to a topup at 272 only to buy at 287 5 minutes later. Funny old game!
You're not behaving yourself in my opinion, putting fear into people with your very strong opinion. Leave it out
5p today, no doubt now.
Doors are off!
The differentials between one bitcoin miner to another are things like renewable energy basis and pool/committee thing, but simply the HODL is the most important thing. All the bitcoin miners will be mega rich when bitcoin is $1mill so does anything else even matter? Not in my view
When the halving comes close the BTC price will fly and then sentiment flips positive and BTC goes on a bull run and suddenly ARB is the most popular share on the market again. Until then, filter the noise, some knobheads on this board who have literally nothing better to do that get a rise from people - it's up to them. Personally I have a job soooo better get back to it.
Let's be fair, as soon as the bitcoin halves again effectively the BTC that ARGO own is doubled. We all know it's the future and this is a good price, anybody saying against it is entitled to their opinion but bitcoin waits for no person. GLA
ARGO hodl 2,748 bitcoin at the end of January. Current bitcoin price is £28,500 give or take. That means they could liquidate their assets and hold £78,318,000. Their market cap is £307mill. They mined £5mill worth in Jan so at the same rate they will mine £60mill worth this year (not if BTC goes up :P) which is roughly at an 80% margin, so £50mill. These are ridiculous figures, ridiculous, give me a £300 market cap company that has this much income, I don't think there is one.