The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
This is a no brainer for share holder who are invested under 104p.the growth potential going forward will massively outweigh short term disruption to the sp
We're not going to make the nasdaq! Excellent news.
We're not out of the woods yet here, but this explains the delay in the RBL to an extent. Unfortunately there will be many holders looking to exit here at a break even.
The RBL should see some positive movement in reaction to the breathing space. Only then do I believe the rising oil price is more relevant here.
All IMO. GL.
Honestly, I don't think we can be too fussy at this stage. That's a huge relief for RBL.
That asset sale
£1.46 would be preferable at this exchange rate...
Thanks for the replies - not condescending at all and I expect this 'devils advocate' tone of post could cause confliction in here. I just think these issues may seem 'a decade or so away' but in reality, they may be a lot closer than we think, considering the worlds richest man has just openly purchased BTC (albeit a relatively small amount) as well as Michael Saylor's conference (appeal) last week.
CC I know I played down the systemic corruption in banking. I have seen how HSBC amassed its fortuned by taking drug money from the cartels in South America and how Wells Fargo has created millions of fake bank accounts to prop up numbers etc as small examples.
I think you're right, you have to completely shift you're mindset towards banking in it's current form, and there in lays the problem. The power of the current banking system ultimately has, is the ability to centralise decentralised finance, by it's sheer buying power (referenced by MarketShare in his post). The US alone is in something like 30 tn dollars of debt, imagine the affect of the BTC markets if a power play was to be made (considering BTC has only surpassed 1 tn in its entire value).
Anyways, early on I think BTC was seen as an anarchist tool to 'bring down wall street', 'bring power to the people' etc but finance in it's current form is not going to go quietly. BTC has, whether intentionally or not, laid the foundations for a war on financial power. The difference here is banks would usually use corruption or 'fiscal persuasion' to stay ahead and in control - something impossible to achieve with a decentralised network.
This is a financial concept which has never played out before - a truly global monetary system being adopted by major players unfortunately creates opportunity for some. The Chinese government has been actively buying and trading in BTC and market manipulation. This topic becomes extremely complex, very quickly and it will be interesting to see major plays like these, their effect and ultimately their result.
- Stretch
I'm curious to hear input on this subject and whether anyone is ultimately concerned this investment contradicts itself.
BTC is a decentralised finance system currently experiencing exponential growth and although there are convincing arguments around central banking corruption in their current form, the current banking model has ultimately contributed to everyone's standard of living on this BB (mortgages, loans, investments etc).
The reason people like you and I are able to invest in stocks like these is as a result of this banking system (not discounting hard work / effort / multitudes of other reasons).
The contradiction in my mind comes when you have a centrally listed miner (LSE / Nasdaq fingers crossed) being valued against fiat currency, primarily on decentralised assets.
My question is, do you see this as an interim solution to investing in De-FI, or an investment that can happily live in unison?
And is there an inflexion point where the value of the listing will be undermined by the momentum of BTC adoption?
N.B
I'm and ARB holder and have profited well from holding over the last few weeks.
Without sounding demeaning Unix, I think you have answered your own question. The small investment of 75K, with the huge upside potential of a Web 3.0 project admittedly could be seen as a punt, however if a project comes off and is accepted as a mainstream solution, it could reap untold benefits for ARB
This should be taken down as mis-information if anything. Awful read!
I think the true value in this opportunity will be realised when blockchain technology is accessible to the masses. We haven't seen the web development required yet to allow mass adoption in this space. That's why API implementation from company's such as Visa will be revolutionary.
Argo's news this morning reiterates the BOD's view of making this technology seamlessly accessible. Techno-phobes and uninterested parties will not care how the blockchain infrastructure works and how their money is moved around in the future, but they will care how quickly it can be moved and how accessible their money is. This is the problem that companies like Pluto are trying to solve.
It's good to see Peter is looking into options to diversify the portfolio this early on. This shows a true belief in the crypto space and these moves de-risk a share like this for me to some extent.
Great ROI for Argos initial investment too of 75K!
Good work.
https://finance.yahoo.com/news/bitcoin-miner-argo-blockchain-bought-141916427.html
this is the kind of exposure this company needs
Actually MM's work in unison to create a common price with an aim of creating volume and liquidity.
I don't think this post received enough attention. There was clearly massive manipulation here to keep BTC prices steady after the Musk Tweet week. F2Pool have worked out that a spike in attention towards BTC increases mining difficulty exponentially, therefore it is cheaper in the long run to keep difficulty and prices supressed, than to sell thousands of BTC.
This is good news for Argo in the short term, as we are in the process of upscaling our mining activities IMO.
Can you post a link to the US BB please dude?
"crypto isnt the place to invest"
"i think theres more chance of 10k then 50k"
"No not invested, if it drops to in the 40s,then il have a punt"
"Looking like another down day today."
"Im still to make my mind up if crypto is just a bubble."
"Its clear to see by the charts btc is going fall sharply"
"Looks loke a big drop on the cards tomorrow."
Another s4it£ quote Dr long
Husaria, are you shorting this stock?
A little spike at the close
Weekend for BTC. Going to be an interesting time with the conferences in the US next week. This is a hold for me