Member Info for the_Chuz

I'm now all again, sitting on a nice fat loss.. One day though rodders...

I'm buying again as soon as market opens in 5 mins, I'm hoping for a bit of an uptick soon after it opens... Either that or bitty will leg down again and it means I'll take another hit... Then it's just a matter of holding on for a bit

"Does look like some eye watering miner movements ahead come 2:30, should be lively. Mulling that old debate to either catch that falling knife or await reversal,"

Falling knife for me, it can turn too fast, as we know if btc can drop 10% in a day it can also gain 10% in a day.. Which can be a pain if it's the weekend.

"Do share how you think a company with ~£55m debt and no cash just switches to concentrating on Ethereum?"

The whole post was flawed haha.

My line of thought was it needs to get out of the mining game because it's not going to be able compete.. So I was thinking what else can a company do which has significant computational power... ASICS is Asics so can't be used for anything else which is why my thoughta went to ethereum.... Forgetting that it's now Proof of Stake.

404x

"Since Ethereum moved to proof-of-stake Argo has zero mileage there; giving up on BTC would render all their hardware (even more) worthless. It would be commercial suicide. Arguably it's slowly doing that anyway, before anyone says, suicide faster I mean."

As someone who spent years mining ethereum and had to decommission all of my rigs when it went POS you would think that I would of remembered that it went POS.. Fair play my brain power is turning to dog sh** these days.

Ethereum

If I was Argo I would give up on BTC and concentrate Etherium with a switch across into AI processing.

They just can't compete anymore in the world of btc. Helios was the dream, now it's galaxy's and for a fraction of what was spent on it.

I do not see any possible way Argo can have a future in btc.. I think it can stay afloat with a complete change of business strategy but then it would be just a name and bare no resemblance to how it is today...

To think PW was soooo stoked, I blame it on the swimming pool

"The next bull run around next years halving, could well be the last decent one imo."

Like others, I am out at the next high, it will be time to hand it over to those just entering the market on histeria, they will more than likely be those who tell me that it's all a scam at the moment... With the bitter irony of confirming thier beliefs as they become bag holders.

":15

I tried to buy the other week through Hargreaves lansdown at 0.89 but couldn't as they wouldn't take any buy/sell. Would of been some very easy money.. And plenty of it.. Alas it wasn't to be another missed one."

Umm not sure what I was looking at the other day but it doesn't appear to be clnspk.. Glad I couldn't buy it haha

I tried to buy the other week through Hargreaves lansdown at 0.89 but couldn't as they wouldn't take any buy/sell. Would of been some very easy money.. And plenty of it.. Alas it wasn't to be another missed one.

Mpeterson, given time I don't see any reason why this won't go under a penny. In fact I can't see anyway around it..

Its for trading now, it will spike with btc but come the halving it won't be around long.

"So Riot hit my $16 target after taking out my stop. Typical."

Unfortunatly you got stung, you called it right just a couple of hours timing wrong... The market just ends up doing us most of us most of the time. Good call just real bad luck on timing.

Done.. Its made me too twitchy being out all this time, first 10k back into riot.. Its possible it will go a lot further down I know especially if btc does it's expected dump to 27.5k but it's all part of the ride.

Falling knife, I'm going for it.

CEO seems quite "thrilled" at Argos current position.. That's more of a concern as I consider it a dog of a share with very limited prospects.

Maybe he sees things diffent with his specialist company knowledge but I just don't see it.

"I opened a short on Riot yesterday - against my own advice of not shorting Riot. I feel it goes down to 16. Position opened at 18, stop at 19. If BTC rallies here you can thank me!"

Im after 16p p for RIOT, I keep having a word with myself, I could of bought at 17.3 ish yesterday and i have to keep asking myself if it's worth holding out for a few pence when I am expecting it to 2x in the short term.

I've got Mara hodl so I'm still exposed, I just want to get moving either up or down so we're not sideways.

(interesting, the text box is picking up on special charactors and executing them rather than keeping them as text, seems a bit dodge)

"I opened a short on Riot yesterday - against my own advice of not shorting Riot. I feel it goes down to 16. Position opened at 18, stop at 19. If BTC rallies here you can thank me!"

Im after

"I opened a short on Riot yesterday - against my own advice of not shorting Riot. I feel it goes down to 16. Position opened at 18, stop at 19. If BTC rallies here you can thank me!"

Im after

"It didnt quite dip to your predicted 28.3k or 27.5k (28.7k)retest but it was looking that way for a while. Like you say its very hard to play just now. Hope you managed to get in on some of the US miners yesterday."

I came close, very close, but nah I think we will still be seeing that 28.3k so I'm staying strong... I guaranteed way to ge the drop is for me to load up but I'm not that altruistic ha

"

It does look like it wants to dip before going up. I've seen all sorts of numbers mentioned. The lowest being in the 26 range. Very hard to play just now. Will probably buy the fear if/when a big dip comes."

Yea, whatever we know, bigger money knows, whatever analysis we think we have made the bigger folk have us beat..

I have high confidence (hope) that btc will be a lot higher at the end of the year so I could load up now but I just hate sitting on a spike... I've been waiting a few weeks now for the pullback, it needs to happen in the next week or so before the big money comes back from holiday else whatever direction it goes will be exaggerated.

I've got plenty of mara at the moment but want a lot more of mara/RIOT.. I can't buy cleanspark which is annoying otherwise I'd have a good chunk of them too.

Patience