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Looks like there will be more selling of Blue to pile into TNT after that RNS.
Maybe not the way they were all thinking though.
Looks like its been lose lose for some here that sold at big losses here.
Thanks
Is it because we are bailing out TNT? LOL
Nelson - you do make a vaild point re not keeping a share of AMPE.
However, I am of the view that given the current crypto market entering into the final stages of capitulation ( just my opinion) I wouldnt be surprised if the listing of AMPE is being deliberately delayed anyway, as the price of Altcoins are at ATLs and likely to fall a bit further yet.
ACTrader
I agree Guild and the other 4 a poor investment - but I include Dynasty as an exposure to that market and as such keeping the faith given their growth.
Hi Ragnarr,
I hope I am wrong. However I do think the point stands that this is not how other Polkadot winners initially used Kusama. If the founders in Pendulum had a share of the tokens I bet that AMPE trading date would have been fulfilled further.
Nelson - Sorry but you are wrong - Pendulum will win a parachain Auction. To put into persepctive the last Auction won by Frequency was self funded with DOT value of only about 350,000 USD - with the next in line (OMNIBTC) at about £220,000 USD of DOT.
The Amplitude (testnet) Auction raised the equivelant KSM value of about £700,USD. If you look through all the community channels there is far more interest in Pendulum.
With regards to the comment ‘failing on the canary network’ I dont really think that even warrants a reply except to say that AMPE trading date is not on ant defined timeline and is of relative unimportance at this stage as It will have no relevance to valuation anyway. Its just a test network.
If esports and gaming is your is your hook then Blu isn’t a great investment IMO. Guild has dropped from 8p to 1.35 and the other investments are being written off or so small they will have no impact on the SP. Dynasty and Satoshipay are the two that could have an impact after Duke has finished selling down what ever proportion of his c350m shares he intends to
Pendulum auction for 16th December. I genuinely don’t understand who will stake for Pendulum as it stands.
Amplitude is the test system for Pendulum on Kusama. If you look at Polkadot launches they usually run on Kusama first - and that was Pendulum plan.
So on researching Pen I would look at AMPE - realise it isn’t trading as per timeline, then read zero news on Apmlitude trading date - then look at PEN and move on. Who would invest in a company that is failing on the canary network?
It seems the Satoshi not finishing dna is still here.
Not selling as egames was always my hook in but as it stands very disappointed in Pendulum and as above I do not expect it will win a Polkadot slot.
NtD
If something looks too good to be true then it probably is.
The problem with TNT's funding, and what Duke is being quiet about, is that it won't be at £12.50 a share. What kind of investor would ever put money into the company at 5x the current market price?
Most likely, it'll be the same deal as the last round of funding. Duke was pumping the last funding round as being at £5. So why isn't the share price £5? Because those £5 shares also come with 2 warrants at 50p each. Meaning investors get 3 shares for £6, or £2 a share. That's why the share price is/was hovering around the £2 mark, plus a little added froth for all the social media ramping.
The £12.50 funding will be a similar deal. Maybe a Headline of £12.50 per share, but 5 free warrants. Or £10 a share and 5 warrants at 50p each. You see how this goes.
For anyone invested in TNT, or thinking of putting money in to follow the herd, have a read of how the last round of funding was conducted.
If it looks to good to be true, it probably is...
Bobsson!
Bobsell you got it ; )
It might be he thinks the better short term bet is TNT, he loses money here short term but as soon as TNT rockets he takes his money off the table to reinvest here. It does not mean he no longer sees BLU as a potential multi bagger, just not yet. The trouble is that BLU is at a bargain basement price now...... if you believe.
Chester - it does actually when the guy is the second biggest holder and his selling affects the sp massively!
It’s on12 months since the 5p blu ramp, that has come off hasn’t it lol.
White has been ramping that £14.20 lark since end of August, now end of November, good luck to him with that, was the same here last year.
doesnt matter what he does and it never has
The king of "it's different this time" baseless ramping, getting his cheerleaders excited about empty promises, then selling into their buys, again.
He's not the Messiah, he's a very naughty boy
Pendulum To Use Acurast’s Trustless Oracles
https://medium.com/pendulum-chain/pendulum-to-use-acurasts-trustless-oracles-75aa919cdde3
https://acurast.com/
I got a few nice chunky buts back here today , I'm not convinced Duke has got board here or given up possible but I think unlikely.
looks like dukee has got tired of waiting and found another stock to make money in short term (tintra)
good luck to him, we are now back plumbing the depths at BLU as we were this time last year, lets hope december brings news such that we can experience that rarest of things at BLU, upside !!!!
Just adding to this - with Pendulum Polkadot auction on 16th December - it would absolutely make sense to have Kusama version (amplitude) out first - if it gain some traction and rises to hold a decent market cap - all the better for the auction.
Just been on Twitter and I note that the Pendulum Ceo is doing a crowd cast with Polkadot tomorrow - in the tweet it specifically mentions Amplitude as well as Pendulum. I am hoping this will be an announcement of Amplitude going live as tradeable token. Might get an RNS tomorrow am if it is.
Gla
NtD
He was never going to mount a takeover so would have been selling into strength anyway, the fact he selling into weakness is a worry for him and nothing anyone here can do about it except learn
Hi
We are all on here to make money hopefully not in my case at moment everyone has a strategy mine is listen learn but don’t always believe
Gla
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