London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
one more thing... I am not sure it is daniel's influence that put them on pendulum and spacewalk path, but I don't have board's insider information about the path they have taken. I would say it was more from meinharrd and SDF.
@ragnarr - I know daniel is on the board of satoshipay. I thought I was clear enough in my post.
I was using the analogy in a way that nic/duke are invested in blu and should/can get on board in blu.
I agree with your point that obviously recent additional investment also seen something that's why they have invested, but I am talking from a holder who is here for more than 5 years (may be they were here way too early you can say, can be compare to invested in Apple in 1980s...lol) and satoshipay has not been properly value added in BLU share price, it's not satoshipay's fault in that way, but those who are here for that long period may feel frustrated based on their past experience with every new thing that satoshipay is involved with and it didn't bring any fruition to BLU in a big way.
At the end of the day we are invested in BLU and we want the share price to move north with our investement doing good.
Nomad - just to clarify for others, Daniel Masters is on the board of Satoshipay not BLU whilst Nic and duke are shareholders in BLU only ( I beleive)
I have to disagree with your comments on Daniel Masters impact - It is his influence that has been the direction towards Pendulum and Spacewalk. With regards to his initial investment ,you are forgetting the recent additional £5m investment from a host of other crypto investors who also saw something worth investing in.
in my previous post the last line:
I just hope they don't mess up timeline this time.
when daniel join the board it did look like we will be seeing the transformation of the company, but I have not seen anything that suggest he made any impact, I think he got the seat by paying/investing 500K in satoshipay (I am sure he must have seen something in satoshipay that made him to invest in it), I would not read too much into it.
I guess Nic/Duke can also have seat at BLU board looking at how much they are invested in it, and their interest certainly in line with all the other shareholders, unlike derek as he tried multiple time the tactics to fill their pockets with dilution.
I actually agree with most points with Gaz, if not all.
if derek is making money through consultancy service (would like to know more in details what service his other company is providing to BLU), then he is not losing out even the price is not moving, which I believe not appropriate.
I do feel it always something is happening imminent, but Satoshipay has moved on to multiple project in last few years depend on realising what is needed to be done to be part of next phase of fintech world, but it almost always catching up with whatever is going on. It never materialise for us BLU shareholders in terms of share value, may be valuation of Satoshipay has gone up due to their recent developments and future timeline.
Those who joined in last one year may feel that satoshipay is moving nicely with their timeline and a lot of things are happening, but those who are here for more than 5 years may feel that we have not achieved what we have been promised or assumed monetary wise. Though with their roadmap it looks like we may achieve some definite value adding valuation by end of the year.
I am actually disappointed with Dynasty (don't just jump on me and say things take time, I am aware of it, but still), they did announce multiple contracts, but what we need is either ipo or buyout (we don't know how long it will take, it can be any day or can take couple of months too). Their contract news never mentioned any valuation of those contract, may be due to NDA, and that's what the problem as we can't put any definite value to dynasty. as from Nic/Duke and few others we are hoping it should be valued at 150m/200m+ .... but still no confirmation on that.
The other thing they have not changed their website in long time, it still saying ready to launch in 2 weeks, but that was from last year. are they in the process of changing the site and put all recent developments there or not.
so for LTH like me and few others, we are still in waiting phase, and it is very frustrating, but once again it does look like next quarter can be transformational for us BLU shareholders, I have been in this situation on many times in the past. I would like it to be true on one of this occasion.
I really wish to see more definite news on dynasty regarding IPO/buyout. I think someone did mention that let them establish in their current contracts so it add value to their IPO/buyout (I want to agree with it, but that means it will add some more time before we can have that transformational news).
so all in all I can understand Gaz point, but at the same time satoshipay has restructured them significantly and actively hiring people (hoping right people in right sector) that does look promising that they also want to progress significantly and they are on right track for that right now. In the past they have tried multiple things, but now they are definitely a more recognised force in current transformation in fintech world. I just hope they don't mess up timel
Daniel masters track record at Satoshipay is about as good as meinhards lol
I’ve certainly not seen any evidence to suggest he’s made any inroads at Satoshipay during his tenure
I suspect the real reason Daniel masters is still around is because he is so far underwater with his investment in Satoshipay (made in 2018) that he’s got little choice but to stick around and see it through
It’s ok though because we’re getting promised jam tomorrow now dressed in the guise of pokemon chain in Q3
Where are the actual business deals of businesses signing up and lining up to use the latest vapourware… ahem, I mean tech
ffs
Sorry- meant to add this link
https://satoshipay.medium.com/daniel-masters-joins-satoshipay-board-c83cf3bf5264
Pablo /Gazz - I think it is perfectly valid to question Meinhards track record but for me it is since Daniel Masters came on board that the direction of the company has changed and I feel it is his influence that is what is different. Even back in 2019 when he first invested and then came onto the board there was a clear vision to connect blockchain to traditional finance and there are no questions regarding his track record.
Maybe on the next pump.
It's a great entry to buy again now and when it hits .40 dump again.
Seems that's what everyone else now.
Frustrating but can understand why they do it.
5p BLU anyone.............?
The tone of this board is a disgrace, being told to "frank off" by a major shareholder for asking critical questions is appalling.
You should not need to consider your lips sealed, your point is perfectly valid. Meinhard/SatoshiPay have bounced from one plaything to the next for the past 6 years, and delivered no meaning revenue. It is fair to question Meinhard spreading himself too thinly by involving himself in yet another project before the last one has achieved anything.
On a cynical note, I would question if this is his exit plan, for when investors stop burning money on SatoshiPays vaporware.
To be dismissed by the "it's different this time" chancer who can't explain what/why this is different is ludicrous. Unfortunately there are enough cheerleaders on here to drown out sensible questions
"If the answer isn’t what you were looking for then 9/10 times you asked the wrong questions."
ABC
Accept nothing
Believe nobody
Challenge everything
Gazzle, keep asking the questions sir.
No one is right or wrong for asking questions.
If the answer isn’t what you were looking for then 9/10 times you asked the wrong questions.
Keep asking them though as it’s very important to question everything nowadays.
Thx steamy, Ragnarr, dukee and gazzle for your input. If I missed anyone, apologies.
Good board this, hope it doesn’t go down the sewer like some of them
All the best
Ouz
No worries Gazzle. Thing is, we all have our questions. When we don't have the answers, it's easy to assume and come to our own conclusions, we don't 100% know what is going on behind the scenes. There are whiffs of lifestyle income, but they know, especially via the last AGM votes, that they are tasked with earning us money, not only themselves. Between Mark, Nick and others they have been told!
For me, this share is going to do it. As far as AIM goes, this one is a very safe bet. I have a substantial (to me) holding in my SIPP and an equally substantial holding in my ISA. Once we get to my preferred share price, I will assess the best action via my SIPP while holding the ISA going forward as along term investment. I certainly won't be doing anything with either until we are more than double where we are now. Dynasty is an unknown quantity in terms of 'just how much will it sell for?' but it's pretty safe to calculate that it alone is worth more than the current share price. Satoshi, is a little more uncertain, but the rewards could be astronomical. I personally have no issue with Meinhard investing in other companies, as I see he'd want to bring the tech together for the greater good. Better him, than a competitor in my view.
We're still a relatively young company and in time, I see this being worth a few Pence if not more.
Gazzle. IMO, you're right about some things and wrong about others. I agree about the consultancy services, there really is no room for awarding contracts in this manor. We've seen how our ehem... government have done this and it stinks. I'm not sure I agree on the passive investment comment though. Surely the investee companies are best placed to do the best job?
For me the positives of BLU are that, despite 'intentions' there will be no dilution of our interest and BLU may be forced to remove investment from underperforming clients. We have at least one, most likely two companies in the portfolio that are going to produce that revenue you talk of. While at this stage, yes our investment has grown without tangible earnings, that will surely follow. Slow and steady certainty for me seems a better approach to boom or bust.
At the end of the day, you have to make your own choice. Stay invested and be a little patient or bail on the next rise. But for the love of (Insert your god here) don't **** off the share or the BOD in public. You've only got to check out NNN (Nanosynth) to see what that does to the share price ;)
Good luck dude and be patient!
We are super excited to welcome Pendulum (@pendulum_chain
) as sponsors for the Global DeFi Conference 2022!
https://twitter.com/TechUnchained_/status/1517549182944489473/photo/1
Duke - I know what you mean. Claims investment, but always putting it down and not in a constructive way!
I see only positives in Meinhards involvement in Neofin.
Firstly the management changes have been clearly set out with Alex Wilkes and Torsten Stuber now the driving force of the development with Meinhards new role as ‘Chairman, in order to provide general oversight and to focus on strategic networking’
https://satoshipay.medium.com/satoshipay-management-changes-90b08125b3bf
Secondly while tokenisation on blockchain is in its early days and the implications not fully understood yet a recent report by Roland Berger Global strategy consultants entitled -TOKENIZATION: THE FUTURE OF FINANCIAL MARKETS concluded.
‘ What is clear is that now is the time to act. The example of equity trading clearly shows that tokenization is not only here to stay, but can have a major disruptive influence across the financial spectrum , resulting in irreversible change.’
So Meinhards involvement is clearly a very strategic move for he future.
Thanks to Alex Wilke, Satoshi’s new Chief Operating Officer thing are moving in the right direction : )
Gazzkeberry it looked to be a very German led piece for German readers to me. Noticed what you said but didn’t think it was an issue personally.
Pretty flat week all round but managed to add 3m to my bottom draw for later in the year.
Have a great weekend everyone and looking forward to great things here over the next 6-9 months.
ALB
Ouz
Annyone wants to get a handle on the real tech brain behind Pendulum/Sacewalk -
Dr Torsten Stuber talking to Tomer Weller (Stellar) about stuff - of course they are speaking in a completely different language to most of us as they have brains far larger than mine :-)
https://www.youtube.com/watch?v=Hthtn2iQtxY
Duke - A little patience is required, which doesnt seem to be the general attitude of the markets these days. The true of Pendulum wont become apparent until successful Polkadot auction and beyond with effectively a re-launch of DTransfer. I am pretty useless at general trading so very happy to simply invest in long term stocks with exponential growth prospects.