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Have a feeling it is going to get a lot more expensive to build positions here from now on. We might look back at this recent time of torment as actually a time of opportunity.
whether good news impending or not, definitely feels like more IIs buying
super positive now IMO
Exactly Blubay. The fact is ARB SP holding strong despite a small and normal drop.
drwrong pls do some research - a period of sideways action for BTC now is completely indicative of the bull run continuing.
In the meantime pls confirm whether or not you paid the £50 to Marie Curie as per our bet?
No? Well pls do not come back here until you have. Much obliged.
sorry ratherbe to clarify - if the %s are based on the funds then if our mcap outperforms their fund then they have to increase to maintain %
Mike the expert on this one though - worth reading his tweets
ATB
RC
"only being mid way bull run" not "mid may" lol
1. despite the huge crash our SP held up above 100p - up from c. 60p last time.
2. we are now positioned as one of the key N American miners with access to Saylor, Musk et al
3. we are leading in ever important green creds becoming attractive to further II
4. funds have bought in and will continue to increase as our mcap increases to maintain %
5. BTC showing clear signs of only being mid may in bull run - PlanB yesterday stated he expects $288k average and as such peak will be much higher. Other experts talking $300k+ by yr end
6. We continue to mine our BTC super efficiently and may have benefitted from recent china action - we will learn more at operational update next week. We will certianly have crossed psychological 1000 btc hodl and will get to 2,000-2,500 by yr end. Even if BTC stays the same our mcap should rise simply off back of rising hodl.
7. PW is transparent, ahead of the curve in terms of LT vision (POS & POW thinking) and is building for the LT, ie we will be highly profitable even when the bull run ends as our focus can switch.
These are just some of the reasons I laugh at 153p.
Sun shining, off to dig out my 'Irresponsibly Long' t-shirt - (very soft organic cotton for those interested).
Good days all
RC
yes likewise, v useful thanks Mike
Noledud of course but pls remind me - as you can see i am struggling to keep accurate records (in my defence i am a big picture man :) )
Sorry maybe you’re correct Stnz - 14/6 it is.
Although for those of us who missed out at least we do not win the prizes - a grammar lesson and a mining lesson someone who’s name i forget
you had 14th May Stnz
ALBERT!!!!!!!!!!! :)
great post Admaskii
ATB
RC
Albert might be back then?
sounds good to me Cornish although 31st could still happen mate, do not think it's a holiday in the US
@zstarz completely agree (again).
I am convinced that the best thing for BTC (and thus ARB) long term is a few weeks or even 2/3 months of sideways action.
This would provide be a signal we are still in the bull run as well as provide stability.
I suspect this will happen but that also some will panic at no rise / get bored and thus sell out. It will provide us with more time to load up further (I still await funds from a 2015/16 EIS for example - never again) but people selling too early gives me no pleasure. A couple of honest posters here tonight have shared their stories about selling at a loss and I feel for them. We have all done it if we are honest.
Ok so I think tomorrow is in fact the last day in May we could get a Nasdaq announcement, unless Monday (BH in UK) is used.
Ryan1066 and Albert82 share the date (although not heard from the great Albert for a while, been keen to see him here again soon).
Let's see if it does come tomorrow and has all been arranged to happen just after the funds have had their buy in.
If not we head into June with Woza87, .Stnz & Enrico kicking us off.
We shall see. Exciting times Argonauts (not said that in a while)
ATB
RC
PS drlong - you have 4 hours for your extended chance to win our bet. How you feeling? Nighty night x
Not sure if useful at all but found this.... https://www.nasdaq.com/market-activity/stocks/arbkf/real-time and then compare that to say these guys https://www.nasdaq.com/market-activity/stocks/riot/real-time
Others will know better than me if this is in preparation? Slightly confused and maybe seeing things in this that are not there but potentially promising as Elton Mask would say
I agree Delacey. Not everyone is a seasoned pro like some here and with this share there is a triple whammy of hourly volatility, daily trolls + weekly BTC FUD to contend with.
I am strange in that the more I get told to do something, the more I go the other way (Zig when others Zag) and so I have taken pleasure in buying, buying and buying BUT I must admit that even though I truly believe in BTC, DeFi, Blockchain et al, my mood did change for a few days recently.
I can see how some who are less stubborn than me could have sold and I would put this firmly at the door of people like drlong, Pearls and others. Reasoned debate and differing points of view are healthy but not this '50p tomorrow' rubbish.
Paid or not they should IMHO take a bit of a look at themselves. Someone who takes pleasure in the misery of others was probably not their childhood dream.
nice thanks Blubay ;)
Just for context - DATE / BTC $ / ARB SP
12/2 - $47.4k - 143p
11/5 - $56.7k - 150p
27/5 - $39.8k - 156p
Or to put it another way, our SP relative to BTC is now much stronger than in early Feb or earlier in the month.
I know we should not read too much into a few selected dates (I was just trying to find other dates when our SP was close to today's price), but IMO if we can continue to creep up whilst BTC hovers around $38-$43k then that bodes very well for the next BTC break out.