Member Info for TheProphet

Morning,
yeah, its a bit of strange one, as anyone that has bought into bitcoin, has done so because they believe its got a huge future, and will continue to rise, why then would anyone use them to buy a depreciating asset??

Oh well, it always positively affects the btc price, so onwards and upwards

Apologies, what I’ve posted is slightly misleading, but just to be clear and precise.

We qualify for Nasdaq capital markets
Through the Market value of listed securities standard, by hitting all requirements and also by hitting the closing price alternative, through the OTC.
Page 10 of the listingcentre.Nasdaq pdf

Off to watch BTC

And we clear the above $2 for 30 days prior to listing requirement too from the OTC market.
Ok, I’m personally very happy with that, and should of read it in more detail sooner than I have.

Now I have read it, I’ve no doubt the application is in. Why wouldn’t it be? As Peter said we want to play in the premiership

Ok, ignore that. Under market value standard there’s an alternative under which we qualify through market cap over $50 million

The profitability is only 1 of 4 choices, so that’s not an issue, as we meet other requirements.
However, I can’t find anywhere that says $2 bid required for x days, it’s all listed as $4 bid or $3 closing price for 90days!
Admittedly this is the first time l’ve looked and I know others have already been through this, so maybe they could explain where the $2 level was from?

Also, please look for yourself at listingentre.Nasdaq.com

well if nothing else, its certainly livened up the afternoon!!
Couldn't resist a few more!

I'm not completely convinced the background selling is over yet. I think a little more patience is required.
We have no idea when the non-supporting seed investors decided to sell or why, but I would expect that they placed those shares in the hands of 1 or 2 market makers to offload. This looks to have been affecting the uplift of the share price over the past few weeks. So I personally don't think it is done yet.
Ocam's razor! The share price is down because the MMs are a nasty underhand bunch and they hate ARB, or is it because there are big sells being worked through behind the scenes thats dripping the price??

Admittedly there isn't a huge amount of daily volume, but you only have to watch the screens to see mostly buys going though, so the demand is still there, but its not moving the price up.
I know many won't agree, but once you've seen this sort of thing before many times, you kind of get tuned into it.

Anyway, WTFDIK
DYOR etc etc
Tp

First week of May??
I assume you mean April?

Plus, $6bn of quarterly options close 26 March
We will get the same as the previous ones, with the btc price surging ever upwards after they close? I would say its extremely likely!
Lets hope we get dragged with it this time!!

Seriously, how many of you have been around these bb’s longer than a few months ffs!
It is effing standard practice for these people to disrupt the board, and get you talking about them not the stock! They don’t care about your explanations or trying to convince them that they are wrong, that’s not their purpose. They’re here to disrupt, end of.
Have you not noticed that some good posters have stopped posting because people keep bloody responding or naming these fools!

Please stop responding! You’re killing this forum!

Btc is having another breather before its big leg up through 65k. I've stuck in some buy trades at the 38.2% and 50% retrace markers like all the other sheep in case it tests them!

Not sure about those buy trades, they look like rollovers to me.
The matching time stamps are a give away

Check the full trade list on London stock ex and you’ll have a better idea.
The fact that we dripped slowly down during the day means they aren’t what we want them to be.

“It’s essentially a substitute for gold rather than for the dollar.”

Yeah, that’s why it’s been referred to as gold 2 for ages! Talk about behind the curve!
It’ll soon have another go at it’s ath again.

Anyway what’s going on with our US friends, ARB down and the Nasdaq is leading the way tonight..... oh yeah, right, we’re not on there yet :)

I do love a conspiracy theory, but I think those investors have probably seen a huge roi and have simply cashed in.
Otherwise how does that conversation go, from PW to them.
Thanks for supporting us in the early days, but tbh you’re second class (scum) and we don’t want to be associated with you as we climb the US stock ladder, please sell......

Lol that’s quite funny

hi minicheddar, you can ignore those full spread prices, they are mostly for single digit shares, and do not represent the actual spread today.
Currently approx 238 to sell, 239 to buy.....

We are in an extremely fast moving industry, so I think that, coupled with the give away smirks and poor poker face we’ve seen in recent interviews from Peter, that Nasdaq will be high on the agenda and will be sooner rather than later.
The faster we can get compared directly with our peers the quicker we’ll see the true value of Argo come through.

"Miners have a higher share price/MCAP is due to the amount of BTC on their balance sheets (something which is often overlooked)"

Not really.
If we use those figures from the article minicheddar posted today taking RIOT for example
$4.2bn MC, but only includes $65m of btc on the balance sheet!

He was on here last week, and mentioned his expected ARB pricing on Nasdaq this year to be between $20-$30
(from memory) so it doesn't look priced in to me :)

Anyway, if we just use common sense and do an apples for apples, anyone can see we are great value compared to our director competitors on the Nas, so I for one can't wait for us to get there.....soon!!!

I don't agree
BTC action is directly related to ARB, so it is relevant.

I think some people should stop judging what gets posted and relax. Obviously some posts you'll like some you wont, so what!!
We get some absolutely awful FUD and nonsense all week, and at the weekend the only action is bitcoin. Why not enjoy the thought of it continuing to rise and share that amongst fellow holders that could potential benefit.

Excellent report minicheddar, thanks for posting it.

It certainly supports our own belief in where ARB could go! There are obviously a few hurdles to get over, and we all should be conscious of the the potential bull and bear cases, but like many think here, get this on a level playing field in the US and then we'll see the true value.......

Thanks again
Tp