Valuefinder
What is the point of your post? Is it so you can come back if BTC price sinks and say, I told you so? If it is, that is really quite sad and pathetic. If you think Argo is over priced I suggest you read up more.
Every company makes money as long as there is value in a product. Once the value is not there anymore, that is the time to get out. Not when everything is looking healthy and BTC is at an ATH and going up every week.
If you are invested here then feel free to put in constructive input, otherwise you are taking up too much of your time on something you have no interest.
Joker, the same thing was said when it hit , 30, 40 and 50k. Hasn’t happened yet. There is now some strong resistance at 50k anyway. So that will be the barrier IMO.
This is one of the most transparent companies out there. Most of your research can be done on this site just by looking at the past monthly updates. I get that some are new to BTC, but it really isn’t rocket science.
I don't get why people would throw money at a company without doing research. Do you research buying a TV or just buy it because your mates got one? The info is there and so accessible these days.
If you are that worried about investing, wait until March 4th for the monthly update. But expect to pay around double what you can buy it for now. I’m expecting around 150 mined or close to $10m @ an efficiently rate of about 80%.
If you do research, you know why. As the price goes up, it become’s more difficult to mine. That is why expansion is the key here. Stand still and you get left behind. Argo are forward thinking, that is why they are building a new 200mw facility.
This is not just a problem for Argo, the whole industry need to evolve as well. Argo will be ahead of its competitors by summer, that is all that matters.
Hill18
Have you actually researched the company? Judging by your comments, I don’t think you have. FYI they mined 2500 BTC last year. That puts them up with the elite miners, if not at the very top. They are now debt free, and are about to expand even further.
The future is bright here and will 3 bag just catching up to is true value once on Nasdaq. This is without its investment in Pluto, which is also exciting.
Hiil18.
What do you mean? Argo aren’t exactly standing around doing nothing. They have expansion plans in place already. They have contacts to buy the actual miners. A lot of other companies can’t get their hands on any. Argo are at least level with riot IMO.