Member Info for TyrionL

I am not sure, if all the markets start to drop will then Bitcoin and Gold rise to hedge against this ?

Confused as to why Global stocks are at all time highs esp Dow Jones and s and p 500.

And yet Bitcoin is so Subdued.

At least we will not have to wait too long for some news of some sort.

Agreed the share price is a shocker right now

It would be nice to know all is on schedule and there aren’t any more delays. And would be nice to think they are being delivered by the lorry load now. A bit like the famous advert.

Machine update as soon as possible would be very much appreciated!

Machines have got to be coming in now

Surprisingly hash rate isn’t dropping that much looking at the graphs. There may be a time lag but think most miners are trying to hang in there. It may explain why Bitcoin is so subdued with so many miners selling their coins to keep going.

All the time this remains under 10p I would agree on regular updates. Once over 10p Quarterly updates.

Anyone would be happy with the SP over 10p. At the movement investors are vulnerable having been invested for over a year now with no return. If investors had to sell now for reasons beyond their control it would be at a loss. I am hoping for an update soon on machines in service. Hopefully that will help. Once the SP goes over 10p I don’t care anymore, I am happy to be an investor for a long time to come.

I would be interested in buying more however as an investor have become bored with this not moving. I am just going to wait until a machine update. Then decide to buy more or not.

BOO has a PE of 40

Argo has a PE of ?

People were saying this nearly a year ago now. And yet the share price is still here. Argo will hopefully be taking new delivery of machines soon.

That’s correct, I am hoping for an update on machines installed ie we now have just installed x amount this week. How many left ? Think it’s 4000 now ?

Hopefully fingers crossed the machines start flooding in now, and we get an update in the next week or two.

It’s amazing how people get excited over 0.4p! This stock is so hot right now :)

1.5m shares snapped up this morning. Makes me feel a little better.

I wouldn’t worry about buying opportunity’s take your pick this week or next. This is in for a while and isn’t going up anytime soon.

I was reading an article and have looked at graphs on the Hashrate and surprisingly it’s not dropping that much. It has dropped a little, however not as much as you would expect inline with Bitcoin. On the article they were saying all miners are hanging in there to the halving to take place.

Only Argo know best, if they are really confident with the new machines they may think it unnecessary and think it will be reflected in the Share Price relatively quickly.

If the share price remains as it is after the new machines are installed then I believe the have a duty to do something such as a dividend. This period where share price doesn’t reflect reality is really unfair to investors that have invested a lot time and money in to this.

Argo is in a great location and has arranged great prices. I was looking at prices in China and generally from what I can see ( I would be interested if anyone else knows better ) they can only match Argo when it’s rainy season after that it’s nearly double the electricity price. Texas will have to spend a good percentage of profits on cooling. So yes if Crypto and Bitcoin have a future then so does Argo. These Units can’t come soon enough.