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I went to bed thinking we’d see $11.5k this morning as there was hardly any activity on BTC, just goes to show the demand that can suddenly build.
I’m not sure we will see much movement tomorrow unless some news as BTC moved back a bit.
Wmsj....thanks for clarification, totally unaware of that one. One more positive to add to the many !!!
I’ve not seen it before....couple of bits new to me, didn’t realise the company had a stake in GPU.one anyone got an idea what the size on the loan was and what potentially 10.4% could be worth in a few years time ?
My only observation post halving is his projection on BTC mined is a good 15% higher than reality so rest of the modelling looks out. That being said BTC approaching $12k should easily drive another $500k of revenue every month.
Couple of great articles....not sure I want to be a miner in China relying on hydro or waiting for an order anytime soon from Bitmain !!
AgentB.... it’s amazing last year a dam near Stockport nearly failed and it was lead news for a week. Something this big and not even a mention, massive impact to west if it goes as will loads of manufacturers.
Cheers lovely boy....appreciate taking the time out and shows what a difference a relatively small increase in crypto prices make to the company, let’s hope we see a proper bull run !!!
Do you think this down to the flooding in China, have to admit I was totally unaware until someone posted last night and I did a bit of reading and realised how compromised the hydro dams could be as a consequence
Duke...I doubted you until I just checked as I’d looked about 10 minutes before and it was $97 and now it’s over $101 !!!
I profess to being an idoit can anyone on here share what they think ZEC revenues would look like if we stay at this price on the full month ?
Mozax.....generally the herd usually arrives because of FOMO, sometimes that’s not always a good thing as it brings day traders and significant swings. I’ve been in ARB since the IPO and have seen days where either the price or chat volumes hit the top 5 board and the volumes just keep going. The good thing with that is I think some people do research and look at the fundamentals and become investors and not traders.
For me this is going to be a steady rise with a few spikes on news so let’s hope it continues....
Duke...hate to say it but I do think a number of us will be quoting Del Boy this time next year as you’ve said so many times before.
I’ve taken the decision to start adding again on the dips (which I think are frequent with the volatility) so not sure where my holding will get in the future.
Mikk...think a few of us would like to see simply so we have a better understanding of impact on monthly results. From my reading it’s helping margin significantly but to what extent and is that where we should be seeing more equipment in the future.
Deagle....we seem to follow on the way down but doesn’t move up at the same pace, one of the joys of investing in ARB. Think still a lot of people who still don’t understand crypto and the potential ramifications for the future. For me it means I own a significant chunk of a company that will one day reward my confidence but in the mean time I need to get used to frustrations of day to day movements.
I just wonder if it can get through $12k tonight and stick for the morning ?
Let’s hope it does and we keep the forward momentum...
Back in profit again when it broke 6.1p, feels good at last but never doubted it just wish I’d bought more at 3.5p than 8p but you live and learn and I’m sure in 12 months not sure it will matter.
Now can we get above 7p before the next bit of news ?
I would hope closer to £4.5m if all things stay equal... but let’s see what H1 results look like as costs were a big drag on last years results.
and right on cue EGHOS come and offload the big volume, even they must realise the RNS spike, dump scenario is out of date now people have realised what is happening. Just wish I could cut my losses with this one....
Lot of trades this morning on BTC and ZEC think we may see $11.4k and $90 broken this afternoon when the US wakes up.
Bodes very well for revenues this month.
Duke....if they sold at $12k that would $500k
Trek, have to agree the RNS are far better since Peter took the helm and I am hoping another RNS incoming with some sort of news mid month around next phase of the strategy.
Also could they deliver H1 results earlier than last years ???