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My price prediction is largely irrelevant
Ragnarrs prediction would carry more weight to it because he has, shall I say, a much more decorated vision of where Satoshipay will land
My painting is quite bleak
Ragnarr is by far and away the best poster on this board in terms of info imho but not sure he has a preference for sharing his or indeed any price predictions. Now that you have asked SlugMum, why dont you kick things off with your 6 month price prediction for Blu?
Their timekeeping and working to deadlines approach is evidently non existent
They are at least smart enough to wring every last euro out of the business under the guise of ‘salaries’
Wonder what ragnarrs 6 month price prediction is for BLU?
Thanks Snowroll
That article was dated mid Feb 2024 and says "Scheduled for a Q1 release, Pendulum’s Forex DEX leveraging Nabla’s technology, is set to bring Forex trading onchain and improve stablecoin utility for the Polkadot and Stellar ecosystems. "
This is Slugs key concern I believe- we cant rely on the timelines - Q1 is gone and not only isnt it launched, there isnt a revised timeline for its release.
Excited by the tech here but tempered by the challenges SP and Pendulum have in keeping timelines. If i have got the wrong timeline then will be happy to be corrected.
Personally, I think we are getting close, but rather than having to dowse for this information they could give us better comms.
And Pendulum has been requested to connect to Astar network which means PEN will soon be enabled on Arthswap
https://astar.network/
https://app.arthswap.org/
Thank Ragnarr for your glimmer of light !!!
Just popped in to provide a little update although it looks like many have lost patience - cant blame them after the Dynasty debacle .
anyway - following on from the Q1 update (https://medium.com/pendulum-chain/pendulum-q1-2024-ecosystem-roundup-b6bb942fe3b0 ) - expecting nabla to announce Beta testing any day now and once completed Mainnet launch and NABLA TGE set for some time Q3 - there was a very small pre-sale event recently of $200k which was fully taken up.
Also Spacewalk bridge has been integrated into soroswap. finance (https://soroswap.finance/) which is a DEX on the Soroban smart contract platform (part of the stella network).
So all moving ahead nicely but probably far slower than many here would like :-0
Surely it’s not yet another week down the swanee is it?
Tony fabrizis self imposed deadline of these investees significantly increasing in value has been and gone
Some might say the September 2022 RNS pledging this has deceived investors somewhat
My opinion is that Tony has not been in the public eye (interviews, podcasts, etc) because he simply has nothing to shout from the rooftops about.
Incredibly disappointing on all fronts
I wonder if Teflon Torsten and Meinhard are on Tony’s Christmas card list
I originally invested here on the basis of value investing. The share price was much lower than the NAV. Since then the share price and the NAV has been decimated. From the last accounts NAV is currently believed to be 0.11p. Right now I would consider it to be a binary bet. I brought again recently to average down. I think if you accept that this is AIM and the likelihood of losing your money is much higher than a ftse share - entry at this level is fine. Must be aware though that the board are taking salaries in shares at the moment as is at least one supplier - which could be seen as both a positive and a negative. I do think it's interesting that an investment manager brought about 4% of the company at this level.
The world doesn't care that we would like results now. I see the successes of Bitcoin and it's wealth creation as an anomaly that doesn't happen for the majority. And for a share to bag even once is a very good thing.
There’s probably a 0.001% chance of it coming good Keith
They are so far behind on their roadmap - and historically, when a product is launched, no one cares about it
Even most of the Satoshipay defenders have given up trying to stand their ground for them
Their over-inflated 2019 valuation is likely to never be seen again
Dtransfer shut up shop and they kept schtum about it until a few months ago
Emperors new clothes
Genuine question. Does anyone think there is a way back for this share? Dynasty are done and SP are forever promising the earth but delivering nothing.
Full well*
Clearly a typo
I don’t have a narrative
I know gul well that nothing I post on here will affect the share price
It’s down to company performance (or lack of in this case)
It doesn’t necessarily mean that Satoshipay have retained that lofty valuation lagmassive
They carried out an audit late last year but nothing was published
If there was something to write home about , they would have done so
You are missing the trick here, the 4.1% holder is Head of Precious Metals Trading at Natixis an institution with a NET BANKING INCOME of €22.2bn and ranked among the world's largest asset managers. Clearly, Mark and any other big spender were in this for Dynasty. The real potential value has always been in SP/pendulum. At their last fund raise i think i recall SP value at 19million circa 2019. At these prices i'm a buyer
I also understand your narrative and I think you’ve probably lost too much and it’s unlikely to turn out well for you.
So what?
The inverse to that is some of the major holders have recently dumped hard here so it would appear they have not seen value
If all you can cling onto is the hope of someone else’s trade which does nothing but suit your narrative then best of luck to you
When are we going to get actual substantive news from Satoshipay ffs
SP is declining yes there is someone willing to put around £70k into this share very recently and it would appear still sees value at this level.
Possibly dead in the water, sell?
Yep, Dynasty trying to make something happen…….the SP continues to decline in a spiral of despair!!
Another vanity partnership
Market knows
Market reacted accordingly to the hollow update
Dynasty trying to make something happen.
Just look at pendulums 2024 roadmap 😂😂
We are nearly 4 months in to 2024 yet they haven’t highlighted a single thing as being complete
Their H2 2024 roadmap doesn’t look very ambitious either
We are heading towards yet another week down the swanee - but they don’t care, they are just turning up and clocking in to pick up their paycheck at the end of the month
There is no recent evidence to suggest that Tony f cares either
Emperors new clothes
When nabla?
Yet another week down the swanee