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Chaebol, your original point was:
"Why in bull run is this the only miner that hasn’t mooned ? This is a fact"
but youre changing the goalposts around to suit. Now you're talking about Feb and September....
I started buying Sept/Oct 2020 at around 6p zone. Average cost is higher than that. It's irrelevant though when I started buying. I got nothing to prove. I've made truck ton of money and do not own a car or even a television. If you saw me walking down the street you'd probably think I was homeless and threw me some pennies. Couldn't give a toss about material items because I know they dont bring any happiness. Good luck to you.
Heres the data from investing.com, it only shows certain preset dates: https://imgur.com/a/19SvYwD
Spin it how you want. Or better yet provide the data from April or July.
April or July, 1 Year or 1 Month. Truth is none of that really matters. Everyone has a different cost basis dependent on when they entered (and perhaps if they've traded for a lower average cost). Long term holders are probably happy. Mid termers (entered during Feb spiked) are probably unhappy. Short termers (last few weeks/month) are probably neutral.
Same company. Same CEO. Different investor. You can whinge about all the negative things about the company all you want, but there's really only one person who is responsible for how much money is made or lost.
"But everybody can slant it to there way."
Chaebol, It seems to be yourself that's slanting the data. First choosing April as a starting point, and now July. Whilst also only focussing on specific miners.
Cheabol, Why is April determined as the Bitcoin bull run part 2? Was Bitcoin in a bear market in the months before that or something?
I'm happy for you to provide the same information on the miners from April onwards.
> "Why in bull run is this the only miner that hasn’t mooned ? This is a fact"
Chaebol, Most of the miners (and crypto-related stocks) all saw a decline in SP since Feb local top. Most have mooned since, but not all.
If using percentage change from all time highs as a moon benchmark then a case can be made that DMG (-78%), BTBT (-70%) , DGHI (-60%) and even RIOT (-57%) which only recently has showed signs of life, have yet to go full moon. ARB at (-63%).
Other miners for comparison, data from Yahoo Finance:
MARA (-38%)
HIVE (-31%)
HUT 8 (-24%)
BITF (-22%)
People use different dates as to when Bitcoin bull run started. For ease, lets say it was 1 year ago and by using Investing.com it shows the folllwing 1 year SP performances:
MARA 1471%
BITF 1308%
ARB 1285%
HUT 1182%
DGHI 1033%
DMG 639%
HIVE 614%
RIOT 460%
BTBT 59%
So Argo has indeed participated in the Bitcoin bull run, being one the highest performers this last year. And indeed, Argo has yet to go full moon the last few months, but it's not alone (and the bull run is not yet over).
PS Your missus looks like a young feminine Bruce Forsyth. Just saying.
Seems to be some confusion and conflicting information on this topic at the moment. Some sources suggest the payout will be next week, some saying next year. Smells like FUD to me? Certainly the timing of this news, released as Bitcoin price is showing weakness is quite interesting. Please DYOR etc
This telegram group of mount gox creditors suggest the actual date of BTC distribution is actually unknown.
https://t.me/mtgoxcreditors
Chuz, one definition of "crazy" is, out of all the hundreds of thousands of investment opportunities out there, choosing one you have little faith in and then spending every waking hour spamming the BB boards explaining why it's such a poor choice...
Suppose I can't say too much because I'm using this account to do the same thing in SGI, but I'm transparent about my actions and have even told Pearls my intent. Lmao. (Hi Pearls, if you're reading this. See you at BTC $100K and ARB all time high).
Looking forward to the mental gymnastics from the Chuckle Brothers when ARB starts running riot. Speaking of which, RIOT has also been underperforming Bitcoin and other miners in recent months. But now it's begun moving, people are jumping on board and pointing to its positive correlation with Bitcoin - whilst conveniently forgetting it's recent underperformance, prefering instead to highlighting specific data/information to suit their argument. Lame. Not as lame as the ARB bottom sellers though. RIP.
Notes to tea leaf readers
---------------------------------
ARB chart: https://imgur.com/y2JTk7z
> Currently testing upper range of approx 145-150p. Needs to break out of range and establish suppport. Next key area of resistance approx 170-175p
> Flipped 50 MA (Green) and approaching 200 MA (RED)
> RSI trending upwards into ascending triangle
> OBV trending upwards
Good luck.
ZKIN currently $2.85.
SGI currently £3.15.
Let the race begin.
If you're looking for an NFT-based company with decent reversal opportunities that's already been proven to pump alongside the rest of the crypto-sector, check out ZK International Group on Nasdaq.
https://finance.yahoo.com/quote/ZKIN?p=ZKIN
These are my past profiles:
https://www.lse.co.uk/profiles/lunq
https://www.lse.co.uk/profiles/lunq_v.1.1.0/
Nice to see you Chaebol! I still remember the time you said early on this year that “millionaires don’t come on this board on a Monday morning”, or words to that effect. That told me everything I need to know about your portfolio size… Do you remember? I challenged you to a bet you never took, hence me calling you ChaeNoBols. lmao. I crack myself up sometimes…
Good luck mate, we are all going to make it. I’ve a feeling these next few weeks are going to be wild no matter what mining stocks we hold.
Xxx
The website is showing 108% of the initial release/early access being sold?? 8,622 pieces bought.
It also appears the 10% discount is still available - possibly to stimulate demand?
Please check on Chaebol and Chuz. I haven't seen them today and I'm getting slightly worried? Thank you.
I missed the offering unfortunately. I will just need to console myself with ARB being up 10% today.
"At this rate they will achieve 100% take up imminently, yet still the shares do not move???"
Pearls, I hate to break it to you, but this stock isn't viewed as a crypto stock like you may have hoped. I see you ramping this offering in other crypto stock boards as an alternative, but I don't think SGI have made a big enough pivot to crypto/NFTs/blockchain to receive attention from investors looking for stocks related to the sector.
Stocks like VLRM and QBT are examples of struggling companies that switched to crypto, but they went full throttle changing both their business model and even their names. SGI are still centred on stampcollecting and whilst the NFT offering is a start, I'm not sure it's enough to be viewed as an NFT-centric company. Given their heritage SGI are also unlikely to change their name either.
Honestly, Pearls, it's still not too late to buy Argo...
Phoebus knows how this works. Listen to Phoebus. Get on the Phoe Bus. It's like the Venga Bus.