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Great
A one word answer
Why don’t you elaborate as to why this isn’t the end rather than your clutching-at-straws response ?
No
So this looks like the end ?
Just got my average in half
But whats will all the buys
I’d like to hear from one of the Satoshipay fanboys an explanation as to how they are going to get out of this absolute mess
i wouldn’t be surprised if we get suspended soon
Shambolic
Satoshipay are aware they are worth a few hundred k at best following their audit last year
A few powerful computers
Office furniture
Coffee machines
That’s it
When nabla ?
Where are the Satoshipay fanboys ?
Can't quite believe I've just seen a trade for 46 million shares at 8 grand. FM.
Oh well, I hope everyone has their health, you can't put a price on that.
I'll ride this one out and see where we are in a year or so.
Wish everyone the best and do what you need to do.
Good health everyone.
Thanks
Dire RNS, plummeting SP . Disappointed is an understatement. Can’t see a way back from here but, then again, selling at 95% down is pretty futile in itself.
This is in a death spiral.
I think the next key step is for Nabla to launch a DEX product as the forex front end to the current IT elements. At that point I think there is a skeleton of usable product - I am optimistic that this can happen soon. whether that subsequently converts into usage on that infrastructure is well beyond my knowledge.
Good to know Slugmum . Wonder if Ragnarr is still around?
Thanks sandybanks, I’m still here
Spacewalk is now live on Pendulum. There isn't much to get excited about at the moment with Blu, so we need to celebrate the wins! Let's hope this is the beginning of something beautiful for those of us who are left. Hats off to the clever people who made it happen.
https://twitter.com/pendulum_chain/status/1773004292695150828
I miss the knowledgable posters who helped me make sense of the tech - they seemed to have disappeared but I do hope they 're just having a lie-down and come back.
I suspect they've been Bed and spoused into the end of the Tax year.
A_E_Marsh - I guess the tiny buys at the end have kept the price up. 40% Spread.
508M sold
48(?)M bought.
Up 9 per cent!
Could be bedandisa. Especially possible as the doubled amounts are the same.
Wouldn't be surprised if he's got a broker to "hold" them for him, so he can buy them back in the new tax year. He's clearly had a good year with his other investments (eg ORR, SPSY, CSFS ) but he's taking a loss of about £400k on his BLU shares having bought at 0.10p
Strange that it dosnt seem to have any impact on thw bid or ask.
That must be Nick Slater. Last known holding was 582 million, so must be crystallising the loss for current tax year. Very sad
Pretty sure we'll see a holdings RNS later or tomorrow after those sells.
One of our large holders crystalising a large loss for end of year tax purposes I would imagine.
Christ look at those sells that have just popped up. WOW
Can only be couple who have that ,many to shift.
Thank you Pip and TTT
Since SatoshiPay is the one remaining asset of any value in BLU’s stable, it’s worth looking at the team/s behind SP.
Take a look, for example at Daniel Masters. He is still listed as a Director of SatoshiPay, having invested £566k in the business in 2018 (when the company had a pre-money valuation of £17 million).
Apart from his directorship/shareholding in SatoshiPay, Daniel Masters is a very big player in the wider crypto-asset industry. He’s Exec Chairman of Coinshares ($6 billion assets under management), as well as: director of CommerceBlock; director of Crypto Composite Ltd; and, director of Aventus Systems. Clearly an influential and well-connected “big fish” in the crypto-asset industry.
The question is: As a director of SatoshiPay, how is he guiding their progress, if at all? He’s been on the BoD since April 2019 (ie 5 years so far).
If you listen to this podcast, you’ll hear why he feels the current crypto cycle is different and more sustainable to previous ones, and why he sees crypto assets as a long-term investment (not a surprise since that’s his industry/market, but listen to his rationale). While there’s no mention of SatoshiPay in the interview, his strong grasp of the crypto asset market makes him an ideal person to have on the BoD at SatoshiPay.
https://podcasts.apple.com/us/podcast/1284-danny-masters-investing-legend-has-billions-in/id1434060078?i=1000638620950