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We are awaiting major news from Satoshipay and Dynasty. We know both are progressing well because we had an update about Dynasty and although not by RNS Pendulum are issuing a steady stream of information. The Directors of BLU cannot control the news flow from the companies we have invested in and so can’t just issue an RNS unless the investee company has issued it. If you don’t have patience then this is arguably not the right investment and you may want to consider selling. But bear in mind news could land tomorrow.
Hi ICB888,
Could land tomorrow is something we've all been saying for how long now?
If 5 years isn't having patience then I'm not sure what is?
The share price says it all really.
People are fed up and are selling.
The usual crew will then buy back in and sell on news again.
Round and round we go.
Suppose I do need more patience...
https://twitter.com/pendulum_chain/status/1523648901332545541
Dave, its the only way to make money here atm....
DaveTK - Im only here for an entry into Satoshipay - It been a long wait for you since micro payments were going to be the next big thing but digital currency is now starting break through to the mainstream and will be the future (Imo). Still a long long way to go but just look how the internet changed everything. In the Crypto/ Digital currency space there are hundreds of useless, Dapps, Apps, Blockchains, protocols etc so the bet here is whether Satoshipay, with their Pendulum/Spacewalk/bridges/Cross border payment offerings will be able to monetise. If the succeed the sky truly is the limit. We will have to be patient and wait and see, and (unlike) you the market isnt patient.
a good assessment ragnaar.
i was here for micropayments too Dave, however the actual payment side provides massive revenue going forward, once the bridge is live.
am hopeful, as duke stated a few weeks ago, that we should be nearrer 1p once this comes to pass and maybe with some Dynasty news thrown ion too.
risk:
if markets continue to meltdown, then Dynasty may pull an IPO
nothing stops Satoshipay/Pendulum though as the project is funded by stellar and has real world uses, thus once the ultimate milestone is achieved (project live) then revenues begin and we see what traction and revenue , for a start, accrues.
ragnaar is the research guy here, these are my thoughts for what they are worth !!
Dynasty worth 15m at least , so at low end 0.3
Satoshipay/pendulum , at low end worth £27m, if it is and has to be valued at least £100m now. , so 0.6
gives a value on sum of parts , for these 2 alone, of 0.9
i am not happy at all that we find ourselves in the 0.2's once again, not that the market gives a flying sh5t ;)
Blu button you mention the possibility of pulling a Dynasty ipo if current market conditions continue. It should be noted that they haven’t got an IPO to pull at the moment. It seems the discussions with big Tech are continuing and that a sale to Big Tech or a large buy in by Big Tech is the most likely outcome. An announcement on this could come at anytime as the discussions have been ongoing for several months now. The IPO should have been happening now but they have clearly decided to continue their discussions.
I've noticed recently that Liverpool football club are currently in talks for new shirt sponsorships starting 2023/2024 season and there have been rumours of potential crypto/blockchain companies. Now, I don't for a second believe Satoshipay/Pendulum could afford that kind of main sponsorship partnership but any crypto/blockchain deal would raise the profile massively across the world, and I imagine that WOULD be felt by Satoshipay/Pendulum. There are already a few lower profile sponsors in the football world, so who knows.
Marc Cuban is an American Billionaire who made his money from the early internet days in software and the dot.com boom. He has recently commented on how the crypto markets are the same as the early internet and is now going through a similar pattern.
Mark Cuban is reliving the internet boom when he looks at crypto. The ‘consolidation phase’ is coming, he says
https://fortune.com/2022/05/09/mark-cuban-compares-crypto-to-internet-consolidation-phase-coming/
. The part that caught my eye was this: He said he sees the biggest opportunity in how crypto companies and blockchains use smart contracts, or collections of code that execute a set of instructions on the blockchain. Businesses that use smart contracts to improve productivity and profitability will gain a competitive advantage, Cuban tweeted. “The chains that realize this will survive.”
https://twitter.com/pendulum_chain/status/1523925176169250818
We're incredibly proud to present the Pendulum Litepaper!
Dive into how Pendulum is establishing the missing link betwen fiat and DeFi and become part of this exciting journey now!
Limitless fiat. Decentralized future.
Up and away they go.
I purchased a scrap earlier, and there was very little on offer down here.
fantastic news..... any links to news dukee?
https://twitter.com/pendulum_chain/status/1523982536275288065?s=21&t=dawMrPa_AvI4FycstfCIHg
Given the poor communication by BLU management , how is the value from their investments going to translate to share price?
There are a few material developments of BLU’s investments that don’t get communicated..
It seems like a few larger share holders are the default BLU PR department trying to do their bit via Twitter.
They’re just a shareholder in these companies, and the majority aren’t listed so not bound by RNS requirements. I think Blu could share more (retweet etc) but it’s not for them to RNS stuff unfortunately, unless it’s major.
Hope you don't get too many nutters now emailing you.
Pretty certain the @hotmail account isn't gonna be his main email ;-)
GLA
Related info - its interesting that its the developing countries leading the way in digital currency.
African banks embark on major digitisation drive
https://www.thecitizen.co.tz/tanzania/magazines/african-banks-embark-on-major-digitisation-drive-3812884
Tanzania Eyes Creating Own CBDC; El Salvador Buys 500 More Bitcoin
https://www.pymnts.com/cryptocurrency/2022/today-in-crypto-tanzania-eyes-creating-own-cbdc-el-salvador-buys-500-more-bitcoin/
Just squeezed in a little top up at these prices, very rude not!