Member Info for red_rag_to_bull

The biggest question this price differential between the ADRs and LSE listing is - what are the US market seeing here that the UK just is not?

Once again, the UK market is such a laggard and it’s hardly surprising that companies flock to the Stateside indices.

Swan Bitcoin have an intro video if Bitcoin is completely new territory to you: https://www.youtube.com/watch?v=sZvhLDWjD_I

Marty Bent and co also have an excellent channel called TFTC. These guys offer good discussions with genuinely balanced content without the usual sh*tcoin shovelling: https://www.youtube.com/@TFTC

This series is my favourite: https://www.youtube.com/@TheLastTrade_

the btc/usd green candle on the 5min chart is funny as ****. roadblock there, move on after that is cleared.

lots of folks have had to just get on with the day job, but the next move up in bitcoin is going to catch everyone's attention.

fundamentally, if secured by long, termed out debt provision, this is a viable business with future growth (pe. volative)

Like I said, sounds like the party is getting started.....

Lots of miners spiked in July, presumably on hopes that the Fed would pivot and that the spot ETF approval was imminent. Most miners including Mara (and Argo) followed a similar trend to varying degrees of upswing.

The company fundamentals and economics of mining are totally different. Also, there are myriad other factors around macro that have made risk-on a different proposition. I realise you didn't call for my opinion, but it's pretty straightforward.

MIGI losing it's lustre today. What's occurring there given upward price momentum?

It's also interesting to note the XAU/USD movement to ATH in the last week and how the signal has been read in the Bitcoin room this time round. Gold has touched and stopped, Bitcoin has moved hard and could really just rip the face of most observers. The reflexivity of this asset is now compounding and it could just go into orbit. Check the tailwinds, looks at the facts and DYOR.

I'm not saying ARGO will pop, but Bitcoin itself is becoming an unstoppable asset that is an apex predator.

BTW - check the monthly BTC/USD chart. There was virtually no resistance after 44k on the upside in 2021. This could be a wild ride in December.

This is superb open-sourced dashboard for Bitcoin metrics btw. Just an aside, but worth bookmarking for those interested in these kind of things. https://bitcoin.clarkmoody.com/dashboard/

If momo gets us to 50k by mid month, people will be rewriting letters to Santa and asking for some Sats in their stocking. People are just waking up from a long and particularly cold winter. Noise will start hitting the MSM and we are off to the races.

A lot of that action was badly advised FOMOing around Bitcoin and the economics of mining have changed since then. Not least, Argo’s financial and operating position in the current market. I’m a decent sized holder here, but also a realist.

BTC is gonna rip in December......March easing is now on. Woop

Meanwhile, Bitcoin blocks keep getting churned 24/7/365 since the Genesis block without any failure. Somewhat ironic that global financial sector seems to think that they are the bastions of resilience. Sure, yeah......

Just broke out to a 1yr high. Bullish.

https://www.tradingview.com/symbols/BTC.D/

LSE are becoming an embarrassment. It's representative of UK decline.

Just had a look on YT and there are a few videos of him speaking up on there. Some of them stretch back a few years ago so it's hard to contextualise them in current landscape, but he seems to certainly understand the regulatory framework and knows his onions on market making etc. Not found him talking directly about the economics/financials of mining in any great depth however.

Spread will need to tighten. Bid being held on a 9% spread is not going to move this into double digits in a hurry.

Https://x.com/BitcoinNewsCom/status/1729231910252036170?s=20

More positivity, less hot air.

Scroll right to the bottom and read the ‘priority’ interests. Methane emissions mining is a truly global game with massive distribution potential. Argo would be wise to start small and let it grow. https://www.energy.gov/fecm/articles/doe-announces-global-collaboration-reduce-methane-emissions