Not intending to be ageist but, yeah a lot of older 'experts' have a similar opinion. Always interesting to listen to others/ some younger economists with different perspectives who are more optimistic about BTC.
It should mirror the UK price but in Euros. Was higher as it was probably also tracking the higher US price. Both US and EU had limited volumes traded. There is more liquidity in the UK which is where it is listed and the UK market was closed yesterday.
RE: ARB LSE price on Tuesday 29th28 Dec 2020 15:24
40-50p will be a reasonable starting point and it could rise higher . BTC rising over 27k again and peer cos like Riot up again today. Watch out for market makers’ games like a tree shake or sudden drop late morning.
And ARB is mining and making money. CNR is still a promise of gold in the future - by which time BTC will have closed the gap. All the gold is worth 20x all the BTC. That gap will close.
I can only think they've been marked down in advance of a possible dividend reduction. There may be no reduction and so there may be one less reason for the low price !
Paying a dividend could mean having to repay some furlough costs and the supermarkets are under pressure for this. So probably best to skip it for now.