A very intereting proposition15 Dec 2020 23:01
Having watched this for some time, and done some research on BTC and ARB, I've come to the conclusion this is a very interesting proposition. I don't think given the tightness of supply of bitcoins it would be stretching it to say that a regular investment in ARB on the dips would pay off in a very big way over a number of years.
If you take note of and believe the charts, they are pointing to a possible BTC price in excess of $100,000 within the next two to three years. As the price of ARB is pretty much correlated with the price of BTC I would say this would lead to a price here of around £1.20 within the same timeframe.
All my opinion of course, and do your own research but I see a very tight situation here and ARB are already planning a big increase in their mining production, and putting away between 40-50 BTC a month into their reserves.
So we have a very undervalued stock at the current offer of 11.50p with burgeoning value in their reserves, a credible plan to up production and the prospect of a massively rising bitcoin price.