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Alexander Wilke is at Money202 in Amsterdam from tomorrow - its a big do so would seem like a good time to start the Kasuma ball rolling
https://europe.money2020.com/whatshappening/speakers
Swerve - a small thread on reddit on the subject might help
https://www.reddit.com/r/Stellar/comments/k50o7y/what_is_the_best_trading_pair_on_binance_with_xlm/
Apologies ragnar for the wrong name. It was s predictive text thing
Rather I bought mine a while ago and put it in bitcoin and I am thinking thats a bad .I've because bitcoin has improved a lot since then.Thank you for your response and very good informative and posts. Swerve
Swervington - not really qualified to give advice on that as I’m no real trader of crypto just investor - I link to USD but that’s just for ease of valuation
Thanks Ragnarr for the update.
We all know there is big progress throughout this investment and all the strong hands will benefit.
GLA MM80
BLU 5p
Ragnarr I have my xlm linked to bitcoin is that the best strategy or do you think its better linked to the dollar. I would like to know your opinion.
Comment yesterday from Jonathan Hellweg (Pendulum community manager) on discord
‘We will release more info pertaining our upcoming Kusama crowdloan next week. It's getting serious (smiley face)’
pjbtrading - thank you :-)
Pendulum website has been updated with confirmation of Amplitude.
https://pendulum.gitbook.io/pendulum-docs/our-journey
The next leg of the journey is to win a Kusama parachain slot for Amplitude and then a Polkadot parachain slot for Pendulum. Crowdloan participants will have the opportunity to earn AMPE (Kusama) and PEN (Polkadot) token rewards.
Rarely post, but just want to say a big thanks for all the effort and research you put in and then share. I'm a reasonable sized holder and it makes me think about my own research as a lot of what you often post kinda goes over my head!
Anyway, thanks again and fingers crossed for some positive share movement over the next few weeks & months.
Morning all - Firstly a big caveat what follows is my current understanding, its for info only and please do not take it as gospel.
Pendulum will become a Kasuma parachain as a sister Parachain called Amplitude with a separate token AMPE. This is not at all unusual as it separates the ‘canary’ Kasuma blockchain from the Polkadot mainet Blockchain. The Polkadot Parachain will be Pendulum(PEN)
For example the first Polkadot parachains such as Acala and Moonbean have Kasuma Parachains as Moonriver and Karura.
Remember Kasuma is basically a test blockchain but unlike a traditional testnets users will be able interact on the Amplitude chain with real financial consequences. This set up encourages and opens up all sorts of collaborations and dApps to trial and test on it.
I expect a waitlist and referral set-up for the crowdloan to be announced pretty soon and my understanding is that this could earn up to 10/13 percent bonus AMPE, and potentially more depending on how much KSM are staked by any referrals that you make.
My current understanding is the Amplitude crowdloan will begin on or around 29th June (this could obviously change)
Exciting stuff (for me at least) and now only a few weeks before the journey really starts and everyone takes their positions.
Skol
"The innovation occurring in money and payments has the potential to alter the existing...monetary system upon which current monetary policy implementation frameworks are designed," said Lorie Logan, executive vice president of the New York Fed and recently named to head the Dallas Fed. "How things evolve from here is uncertain, and the impact of these innovations could be revolutionary, or more evolutionary."
I could have been clearer. I was thinking about it taking longer to get to a juicy valuation because it doesn't feel like the ideal market environment for a defi launch
Doesn't sound as though we are going to have to wait longer than expected. Seems pretty imminent.
https://twitter.com/pendulum_chain/status/1532004914855133184
Always two sides to a market. Entirely possible I have gone defensive at the bottom
I do not agree with cryptobot as I believe Pendulum is moving forward as fast as it to launch its product. Pendulum is eagerly awaited by many companies in the di/fi space as it will transform their businesses in the way Satoshipay expect it to transform Dtransfer. Pendulum will achieve a substantial increase in its valuation and even it was only 50% of what has been predicted it would still be transformational for BLU’s sp. He has his defensive stance which is fine but having dropped to our current level the risk of missing out on a major rise on news dropping is not for me and I will remain fully invested.
Funds have been exiting Defi at a rate of knots recently. Projects and TVLs down significantly. This isn't the time for an outsized pendulum valuation imo. I have taken some profit off the table here. It could be a tricky summer while the space waits for news on regulation. I remain long term bullish but short term playing defense. Just my 2c. Still in but at smaller size.
cash burn is minimal , this is an investment company. the £296k cash would facilitate running for approx 9 years if memory serves and all things remain equal.
Guild should have been sold many months ago when it was multiples of the price but, sadly, our CEO placed himself in a conflict of interest. we should have got £1m back from Guild rather than the pittance it is worth now.
Dynasty and Satoshipay, as all serious investors in this company know, will push the price into pennies EVENTUALLY.
question is how long can you wait as an investor and
how long will Dynasty take to decide sale or IPO?
how long will pendulum take to get the bridge up and running, Dtransfer should be good to go the moment the bridge goes live.
sadly, i believe the share price goes lower first, path of least resistance is down and with very little demand now, we are struggling possibly for a couple of months.
it surprises and disappointments me that we are back here, with investment and markets you have to be prepared and be in a position to stay the course which i most certainly will.
If new favourable valuations come in for SatoshiPay & Dynasty, what is the next stage ? Obviously it still doesn't raise funds unless Dynasty is sold. Would Bluestar have to wait another year to be able to issue any more shares if that was how they decided to raise more money ? I'm not sure Derek Lew given he's on the board of Guild would be happy offloading them ? St Haler & NFT seem like they could go. Just scratching my head a bit.
Makes sense SW. Cash burn seems small from what I can see so requirements are probably not much. As long as they aren't forced into a horrible cln type situ then looks good.
Yes, I think if they want money, that is their only option. There are a few 'dead wood' investments. Hopefully if Dynasty is bought out, there will be no need to liquidate anything else. We should have some movement regarding Dynasty in the not too distant future. We've been expecting it for a while now, so have BLU.
Thanks. So what options do they have, liquidate lesser investments?
There will be no placing. Any such move was voted against at the AGM.
https://www.lse.co.uk/rns/BLU/result-of-agm-6p10xl7ilnvh3tu.html
"The cash position of the Company at 30 September 2021 was £296,106 compared to £132,167 in the corresponding period in 2020."
Does anyone think a placing is on the cards here for G&A, they would appear to be running on fumes?
I bought in last October at .18 and had expectations of holding for 12-18 months due to the complexity of what is being done. Still haven't changed ny viewpoint, timewise, but a little morsel here and there would reinvigorate the share.
Just my opinion.
GLA