Member Info for Phoebus

Bitfeld? Blockfeld?

Chill dude. ARB has had a fantastic few weeks. BTC is consolidating at the moment and so are we. Once uptrend resumes then the gap will close further. Nothing to worry about.

Here's the story:

https://www.forbes.com/sites/andygreenberg/2013/10/02/end-of-the-silk-road-fbi-busts-the-webs-biggest-anonymous-drug-black-market/

FBI raided Silk Road crypto exchange at the end of Sep 2013. BTC price collapsed from $125 to $82 immediately. It was all doom and gloom. Less than 2 months later it was nearly $1200. That's nearly 15 fold off the doom lows in 8 weeks or so.

And for many UK investors it's the only BTC miner they can buy because they don't have access to foreign stock markets. Yet another reason why Argo should be more underpinned than the other miners. A lot of Brits have no other avenue.

Spot on Ultrashort. I remember scare stories in the past during super buying opportunities. I think there was a US raid on an exchange a few years ago. BTC dipped on the news and then had an utterly epic rally right from that point which turned out to be an absolute gift. Lots of big fish are buying into BTC now in a big way and they will need to buy a lot of coins if they want to cover a reasonable % of their net worth, however there aren't many BTC available. So how could they get hold of some. Shake the price and when it drops scare folk out of buying the dip by turning on the negative press perhaps?

makes for interesting listening. When he talks about trading BTC remember ARB is not BTC and is offline for large periods throughout the week so it's wise to be more cautious if you want to get fancy with your ARB holding in the middle of a cyclical crypto bull market.

https://www.youtube.com/watch?v=CL6VUMq5iFc

Nah. Stairway to Heaven.

https://digitalik.net/btc/

It's definitely not an ARG barometer. Good for ARB though. ;)

In previous cyrpto bull markets. BTC has tended to move before altcoins, but once they get going they tend to outperform BTC by an order of magnitude. I suppose it's quite possible that Argo's ZEC revenue could give it's BTC revenue a run for its money. It's like having a very potent kicker in the mix. Altcoin exposure in an LSE listed share wrapper. Brilliant.

Check out Coin Market Cap. Of the thousands of cryptos listed, Zcash is today's second biggest riser up 21.7%. It looks super strong.

https://coinmarketcap.com/

What listing are you looking at? US chart from Friday perhaps?

Barmancy, very well said. Here's the Zcash chart. Warning, sit down before clicking link. It's a peach.

https://www.binance.com/en/trade/ZEC_USDT

Toot, toot!

https://www.youtube.com/watch?v=2vTKmVvyNRc

$400K is overcooking it a bit flower, but I reckon there's a 75-80% chance of $100-$200K by summer and what will that do for ARB shareholders? ... Exactly. :D

Down, but not for long. All the best.

'What's the date we're listing on NASDAQ again?' And my follow up question depending on the answer is. 'When are you resigning?'

Agree. UK price also hit 145p during Friday's UK session. I remember very clearly as my profit looked awesome. Not bothered about selling as I'm sure that will be eclipsed big time in the next few weeks. Today's SP consolidation as with BTC will make for a stronger next leg up. GLA

Not so. US high was actually $1.99 or 147p+ so that was a 50% retracement this morning. More than enough. Time to march on.

that are much lower than the current SP, so newbies, don't panic sell thinking they are happening now.