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Blimey... 2 grand loss is bAd but I’m 30 grand down unless we get somewhere near .50. I’m frustrated by the lack of progress and still cant buy or sell on Share Centre for some reason which doesn’t bode well. Mind you don’t want to sell at these low prices and just waiting for BOD to plough in with buys as promised!
In the interview the boss was almost licking Meinhard ears that’s all they have and it’s a gamble when is there revenues going to arrive ..blue goes to the market for a couple million at a love price and says .... it’s for projects on the horizon ....... just like the six month crap ..... oh dear I wish I could get out ... I can bit with two grand losss
Agreed that they will need more money. They have virtually all their eggs in the Satoshipay basket. Until Satoshipay produces some serious income, Blue will be back time and time again for more money. Just wonder where the SP would be if the RTO was successful.
SatoshiPay is a developer of micropayment solutions for the digital economy. Its blockchain-based platform facilitates payments of small, even fractional, sums for online content and services. This delivers a much-needed monetisation platform for publishers against a backdrop of pressure on digital advertising revenue.
Market leadership in prospect: Traditional payment systems, debit and credit cards in particular, are incompatible with micropayments, due to high minimum fees per transaction. Blockchain is inherently better-suited to micropayments, but even the leading blockchains and cryptocurrencies have seen transaction fee escalation and processing congestion. SatoshiPay has an opportunity ahead to take substantial share in a rapidly-expanding new market. Substantial end-markets: The company’s addressable markets encompass digital online content, internet video, the Internet of Things (IOT), in-game purchases and other similar closed loop systems. These are multi-billion-dollar markets and growing at double-digit CAGRs. Solid sales execution will, of course, be key, but the relatively benign competitive landscape and sheer scale of opportunity are key potential drivers of revenue growth. Digital content publishers are under pressure: The traditional digital advertising-based revenue model is decreasingly effective in the face of adblocking software. Similarly, paywalls for journalistic content are exerting an adverse impact on website traffic for these publications. Yet, on demand content consumption is a growing habit. Micropayment is emerging as a potentially important monetisation mechanism for content publishers. Platform: Over the past four years, SatoshiPay has developed an entirely cloudbased, high-performance, enterprise-grade payments platform. Its blockchain underpinnings facilitate exceptionally low transaction costs, fast processing and high levels of security. Scalability runs to hundreds of transactions per second. SatoshiPay has a partnership with the Stellar Development Foundation, which is giving away 50 million units (or some $10m) of its native currency, called Lumens, to drive adoption and liquidity. SatoshiPay has been given allocations of Lumens to use as part of its user-acquisition initiatives. Contract wins: SatoshiPay recently announced a contract win with City A.M., a free London daily newspaper. This followed a contract win with The Register, a high-traffic technology news website. SatoshiPay is presently in advanced discussions with a number of potential large and well-known clients, including a major European publisher, which, if concluded successfully, would result in a significant step change in revenue. Risks: The company has a strong core technology platform but, in terms of customer acquisition and revenue development, the business remains in its relative infancy, in turn inevitably creating execution risks and uncertainties with respect to the financial trajectory of the business over the next year
When Integrated, SatoshiPay will support the AERGO blockchain for the denomination, settlement, and hosting infrastructure of its payments services. This will expose many of the cloud services, marketplaces, games, and social media platforms,
Fiat Gateway Most importantly, application developers on AERGO will be able to leverage SatoshiPay’s credit card payments system to accept fiat payments (via a fiat-token gateway) for new applications and services. Devs will be incorporating its user-friendly business model into their own apps as if they were using a system from the Apple App Store or Google Play.
Once the partnership is established, developers and prospective blockchain clientele will be able to:
Seamlessly build and integrate innovative payment services that are unavailable today under legacy payment infrastructure
Around machine-to-machine communication (IoT)
Video and audio streaming
Digital goods paywalls
In-app and in-game payments through the AERGO platform.
Neil, I can assure you that I have more than half a mil shares. Unlike you I see the big picture here and am aware that satoshipay, stella, ibm etc etc are on the cusp of making history. This doesn't happen overnight and your constant often unreadable rhetoric regarding instant gratification is grating. I am sure TF will buy shares and if you want to know why he hasn't YET. Why dont you ask him??
The 200000 raised earlier how much is left to keep lights on I bet a fiund raise again soon a RNS to say we raise x amout for future strategy going g forward Oh and cause we got to get paid ..... for doing what I wonder
The directors need to buy to show some confidence and get some news out satoshipay lovely but how long for revenues it could be years if at all blue dont have much else thet looks a share price driver and how much cash have they got left i wonder sad really that reverse had me fired up then a deflated doll arrived shocking so far