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Merry Xmas all - Hope you all have lovely Xmas xx
We now need to await terms of merger and wait form them to advise of how large the market is and what percentage they have as a merged entity.
Did a bit of info re Dynasty/Googly.
When Googly launched earlier this year it was headed up by Shubhodip Pal CEO of Googly Media PTE Ltd
https://www.linkedin.com/in/shubhodip-pal-053b04/?originalSubdomain=in
https://www.companies.sg/business/202133049E/GOOGLY-MEDIA-HOLDINGS-PTE-LTD-
However looking at the GOOGLY privacy policy it appears the company is now registered as Topspin Technologies Private Limited
https://platform.googly.gg/privacy-policy
And looking up the details of Topspin Technologies - it was incorporated in July this year there are three Directors :
Kiran Sharma
Devottam Segupta
and……. Matthew Lodge (Dynasty co-founder)
https://www.thecompanycheck.com/company/topspin-technologies-private-limited/U62099DL2023PTC417263
Looks to me like the possible merger is more of a done deal
To be honest, i don't see the relevance of $ or £ ...... the focus is on the valuation not the currency
Pendulum need to deliver, they are beginning to do so
Dynasty need to deliver, we are aware that India is THE prime market for esports and growth, so we need to know figures and deals associated with the merger.
There is no obligation to sell Satoshipay as part of the valuation/sales exercise, it is merely to flush out a valuation.
the merger detail will provide a "snapshot" valuation of Dynasty
if both of the above start to deliver then 0.3 - 0.5 is achievable, this is where TF warrants are exercisable thus gives an idea as to his perception of value.
I hear you on the market cap, and valuation do look high in pound sterling for where the projects are in development. Would the market cap still look as high from an American dollar view ?.
I do know the answer. Just throwing the question out there.
You have to think market cap davetk
0.4 , gets BLU to £20m mkt cap.
value of Satoshipay = £m ?
value of Dynasty = £m ?
Satoshipay would have to be valued at £45m for BLU to get £15m
Dynasty, no idea what they are worth as we have not seen the merger terms and the scale of their disruption of Indian esports market
all of this can change very quickly, as mentioned earlier, if the FX side of things gains traction then the price could be substantially higher, sentiment , market conditions (which will be highly favourable for RISK ON, falling inflation and interest rates) and what is achieved , will all prove major factors.
i would like to think that next year will provide conditions where BLU investees can finally achieve what they should have achieved many Years ago.
Blu, PPC,
My sarcasm has been a bit dry over the last few days and hard to pick up over a message board.
Was hoping for 1p a few years back but defo can't see it.
If all we hope for around Q2 is .20 then this a joke.
I will be in all honestly gutted if this cannot reach the high's of around mid .40s by Q2.
Lets see anyway.
Thanks
@DaveTK
i like your optimism, but you will be mightily disappointed. ;)
i honestly dont see a market cap of £50m , nothing that says it cant happen though, FX is a large market , good traction , usage, of Nabla and Pendulum in general sees that mkt cap eclipsed.
but far too many let downs with Blue Star and Pendulum, so getting to 0.3 - 0.5 , strangely where TF warrants are would represent a reasonable return from here.
ill be happy to move from 0.2 to next target 0.3.in Q2, i suspect aided by a Satoshipay valuation.
1p plus is fantasy imo, that’s 10 times the current SP, based on historical progress it is just not logical!
Blu,
Neither 1-2p ?
You must think higher then 😉
If in nearly Q2 we are at .20 I’ll be mightily disappointed.
Thanks
Yes BB - Pendulum was originally conceived by Satoshipay to facilitate D Transfer.
I saw talk elsewhere of the Spacewalk testing on Amplitude going on for only 'weeks' prior to rolling out on Pendulum - not long to go now......
Yes Ruga, i have bought a few recently via HL and only small amounts available unless putting an order in.
If they get back on track re delivery we could be 0.20 by 2nd quarter, that represents a 100% increase over the current SP.
Neither 1p or 2p
;)
Just for a bit of fun - I would be interested to hear what you Satoshipay optimists think the BLU share price will be at the end of Q1 2024
@ragnarr
and where there is a real world case.... there is value.
i really do see big things for Nabla.
did you ever get an answer to the mystery you enquired about on discord....namely Dtransfer?
Do we assume it is still operating in a limited fashion whilst the time consuming, frustrating and oft delayed Pendulum project reaches completion? this is how Satoshipay is profitable to my mind along with coding work for Pendulum.
this could be massive once Nabla is finally launched mainnet, its a multifaceted d'app that leads to almost any aspect of finance, think payment, think FX, think settlement, all A to B in the blink of an eye .
would seem we are just waiting on Spacewalk on Pendulum now.
things could move quickly in Q1 2024 and about bloody time
Blu - within the Pendulum repositories there is coding relating to a’ EuroBrasil project’ - This looks to be a project to automate transfers between BRZ and EURC via Pendulumpay and utilising the Nabla smart contract - I could be adding two and two, and getting five here but the designated off-ramp account is Mykobo so it looks like there is a ‘real world’ case for this development.
https://mykobo.co/#page-top
Halifax keeps going to NT just to buy a couple of mill, anyone else struggled..?
Nice little run up to the new year and then kick on for the Q2 big rewards.
It's coming.
If you know, you know ;)
All seems to be happening
https://twitter.com/NablaFi/status/1737106684802122199
interesting explanation of Nabla and its function yesterday, await maainnet launch before we get MOu's methinks
https://twitter.com/pendulum_chain/status/1737316543707648061
Stellaswap... DEX on Polkadot...another trading exchange for $PEN
only need spacewalk on Pendulum then the project is there, hopefully ready to capitalise on 2024.
Worth a read for those interseted.
Crypto Trends to Watch for in 2024
https://www.thestreet.com/crypto/innovation/crypto-trends-to-watch-for-in-2024
This move was overdue , ridiculous levels here due to missed timelines and maladroit investees
i think that changes as Satoishi/pendulum/Nabla position themselves for the economic environment that presents next year, falling interest rates, falling inflation, and what some perceive to be a surge in the crypto sector, which will also help Satoshi valuation.
as mentioned previously , i am a buyer below 0.15, i always look for upside of 100%, 0.3 gives a market cap of £15m
Slug... 1991 % to go :)
We're not even into the new year yet.
@slug
its not checked off as its not complete yet, the roadmap is spacewalk on pendulum not spacewalk on amplitude ;)
i doubt its the first place benchmark interest will be looking either, it is my understanding that the satoshipay benchmark document reads very well indeed and if mammon allows and the planets align, and...... and.......
then we could get back to 0.3 in sharpish order.
i like Nabla and i remain a buyer of BLU below 0.15
Dave, that’s over a 2000% increase in just over 6 months.
I also highly doubt that will happen
Not saying it’s never happened before though
Ragnarr - you’d think the first thing they would do after accomplishing something would be to mark it off on their Q4 roadmap - yet it still remains uncoloured
It’s the first place all these buyers from benchmark have will be looking, and as it stands they’ll be scratching their heads wondering what they’ve done this quarter