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Dave/bob I do understand the frustration and it’s clear that things are delayed from previous timelines, but with tech development timelines are notoriously difficult to keep to and from personal experience rarely kept. From a relative layman’s perspective I cannot overstate how difficult blockchain dev is and much is still trial and error. There is so much dev going on daily in the background, the whole process is mind boggling as is the brain power that does it - and I probably understand less than 5% of it .
For me Pendulum have been extremely transparent With everything albeit a little ambitious in timelines, which is why I am looking towards 24/25 for the full potential to show. We are in the early phase of what could/should transform how finance works but the trad markets don’t quite understand potential just yet.
As for Dynasty I completely agree - the silence there is deafening
All just IMO
Hi ragnarr, In total agreement with your current appraisal. UK markets in the doldrums so BLU is no exception. We know the original timelines are around 3 months behind. I am only expecting positive BLU share price action in December, and hoping that 2024 will see the dam burst. Keep up your great work.
Hey Ragnarr,
Think people are just completely fed up of the same RNS’s!! No valuation once again. Nothing can change until. The probables with dealing with private companies is they can be failing and they have pressure to tell anyone. That’s the risk of investing unfortunately. Why so much silence from the companies if they’re doing so well? Share price tells its own tail. Very disappointed here as is 99.9% of investors.
In know many here are getting a tad inpatient and despondent but I genuinely hope they don’t sell any Satoshipay this year. There is so much going on with Pendulum and all the foundations being put in place, but it will take time to establish ready for the next Defi bull run which in my view is in the process of starting H2 this year but fully gaining traction through 2024 into 2025. So any sale now based on a current valuation would be short term mistake as a 2025 valuation will likely be multiples of that. I am happy to accumulate and wait as I am confident of what is coming but fully understand others may have different timescale expectations.
The first half of the year has been one of steady progress for the Company's two main investments. As previously stated, it is the Board intention to establish up to date valuations for these two investments during 2023. A formal sales process has been initiated by the Board for its stake in SatoshiPay which is expected to complete by the end of 2023. There is no guarantee this will lead to an acceptable offer or that the Board will accept an offer. Below we provide the following portfolio company highlights, inclusive of updates, for the six-month period ended 31 March 2023 and any subsequent developments.
Sale process commenced for SP then…
⛓️The first $USDT transactions are rolling in!
Pendulum is now having an XCM channel with @Polkadot Asset Hub (prev. Statemint)
Thanks to @subscan_io for adding Pendulum to the XCM Dashboard!
Track cross-chain activity across all parachains ⬇️
polkadot.subscan.io/xcm_dashboard
I echo what's been said. Right now feel rather foolish for putting money here in the first place. Still in but see very little reason why.
15 December RNS stated that Dtransfer had 11 clients lined up
What’s happened to them?
I can’t wait for Julys RNS to say they have transacted a fiver on spacewalk
Satoshipay was incorporated in 2014, so if they carry on down this road for much longer they will be on track for doing a decade of feck all
Not exactly a milestone to shout from the rooftops about is it
this has been going on for nearly a decade now.
put lth's out of their pain such that they may reinvest into active companies that actually provide a return within a 5 year timeline.
its just tedious, never has so much potential been wasted (****oshipay could have ipo'd twice by now, 2017 and 2021), dysentry should have ipo'd 2021/22 there is no wonder the market values blu back at these levels.
get it sorted quickly tf
Oh and before some smart alec chimes in… substantive is the operative word!
We are in for a long, drab rest of the summer with no substantive news in sight…
zzzzz
📢 Exciting news!
Pendulum and @ClickPesa are teaming up to empower SMEs and bridge the financing gap in African microfinance institutions (MFIs).
Through a pilot program, we'll validate our MVP and fund three Tanzanian MFIs 🤝
Witness #RealYield in action as we pioneer a lending protocol and scoring model, connecting DeFi yield seekers with Africa's MFI sector.
Pendulum
@pendulum_chain
🥳The referendum has passed!
Pendulum has received a major upgrade, making way for $USDT to be used in
@NablaFi and beyond!
Thanks everyone for voting!
https://twitter.com/pendulum_chain/status/1672232455925899265?s=20
Pendulum signing up with partnership and teaming up with other companies is brilliant. Without sounding like a bore, can anyone explain if this is actually any good and what does this do for us shareholders at Blue Star? Quite clearly they aren’t worthy of an RNS. Anyone help?
Thanks
📣Big news!
We're excited to announce our dynamic partnership with @ScallopOfficial🤝
By combining Scallop's regulated banking blockchain products with Pendulum's Forex-optimized infrastructure, we can close the gap between TradFi and DeFi!
https://twitter.com/pendulum_chain/status/1672243581342429188?s=46&t=Hs8cIWE1M4Gyz5yjtvYSjg
📜Calling all $PEN holders!
The referendum for runtime upgrade 8 is here!
Once passed it will enable:
📷 $USDT transfers from Statemint to Pendulum
📷 $USDT transfers enabled for users
📷 dApps like @NablaFi can integrate $USDT
Cast your vote before Monday 26th!
What we would like to hear is how Pendulum is helping Dtransfer to gain first mover advantage in global foreign exchange. That would set BLU’s share price on fire and is what we have all been waiting for for some time now.
A merry blu Christmas bobsson? Heard that every year for the last 5 years pal
With the way things are going here looks like this year will be the same as the last 5 christmases
Pendulum and Scallop Partner to Pioneer the Future of Onchain Banking
https://medium.com/pendulum-chain/pendulum-and-scallop-partner-to-pioneer-the-future-of-onchain-banking-25d501121d5f
https://www.scallopx.com/
Market cap of £7.5m , deja vu anyone .... ;)
I know it's the old cliché, but if it does continue to drop it's a brilliant chance to scoop some up again.
If we aren't close to hearing anything, i would prefer the people to sell more and more so i can buy cheaper.
Didn't hit .14s last time so if people want to sell, please sell :)
Many thanks
@johno
of course it would have been better had they managed to remain true to original timeline, such that they were ahead of the curve of any recovery.
certainly hope H2 is better than H1 for both Blue Star and $PEN , it can hardly be worse !!!
Thanks for posting the info Johno, I am looking forward to a Merry BLU Christmas.