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Pendulum auction for 16th December. I genuinely don’t understand who will stake for Pendulum as it stands.
Amplitude is the test system for Pendulum on Kusama. If you look at Polkadot launches they usually run on Kusama first - and that was Pendulum plan.
So on researching Pen I would look at AMPE - realise it isn’t trading as per timeline, then read zero news on Apmlitude trading date - then look at PEN and move on. Who would invest in a company that is failing on the canary network?
It seems the Satoshi not finishing dna is still here.
Not selling as egames was always my hook in but as it stands very disappointed in Pendulum and as above I do not expect it will win a Polkadot slot.
NtD
If esports and gaming is your is your hook then Blu isn’t a great investment IMO. Guild has dropped from 8p to 1.35 and the other investments are being written off or so small they will have no impact on the SP. Dynasty and Satoshipay are the two that could have an impact after Duke has finished selling down what ever proportion of his c350m shares he intends to
Nelson - Sorry but you are wrong - Pendulum will win a parachain Auction. To put into persepctive the last Auction won by Frequency was self funded with DOT value of only about 350,000 USD - with the next in line (OMNIBTC) at about £220,000 USD of DOT.
The Amplitude (testnet) Auction raised the equivelant KSM value of about £700,USD. If you look through all the community channels there is far more interest in Pendulum.
With regards to the comment ‘failing on the canary network’ I dont really think that even warrants a reply except to say that AMPE trading date is not on ant defined timeline and is of relative unimportance at this stage as It will have no relevance to valuation anyway. Its just a test network.
Hi Ragnarr,
I hope I am wrong. However I do think the point stands that this is not how other Polkadot winners initially used Kusama. If the founders in Pendulum had a share of the tokens I bet that AMPE trading date would have been fulfilled further.
ACTrader
I agree Guild and the other 4 a poor investment - but I include Dynasty as an exposure to that market and as such keeping the faith given their growth.
Nelson - you do make a vaild point re not keeping a share of AMPE.
However, I am of the view that given the current crypto market entering into the final stages of capitulation ( just my opinion) I wouldnt be surprised if the listing of AMPE is being deliberately delayed anyway, as the price of Altcoins are at ATLs and likely to fall a bit further yet.
For info had confirmation that AMPE is initially set to be listed on the Zenlink DEX. Still dont have a date Im afraid but the crypto space is in a challenging space at present, so more patience required.
https://zenlink.pro/en/
The Top 5 FiatFi Blockchains
https://medium.com/pendulum-chain/the-top-5-fiatfi-blockchains-228d4607e3fa
Next week is a big week for the Pendulum community:
https://twitter.com/pendulum_chain/status/1600419090916483072
oh i was born ready
New surprise on Monday.. Lets be having you :)
Very related
Vitalik Urges DeFi to Embrace Real World Assets
https://thedefiant.io/vitalik-urges-defi-to-embrace-real-world-assets
More related crypto info
Exclusive: Goldman Sachs on hunt for bargain crypto firms after FTX fiasco
Tokenomics out
https://pendulum-chain.medium.com/pendulum-pen-tokenomics-afa5e5873d9a
things are getting serious boyz
Looking at those Tokenomics.
Very good for Blue Star. They will be holding a big chunk of Pen Tokens as an early investor (or at least it reads that way) .
Tony can confirm I hope via RNS once the Crowdloan is won.
As I mentioned months ago, looking at other parachain companies Tokens, even with Crypto in the doldrums for now, it should give us Multiples $wise compared to current SP.
Satoshi eventually coming of age, and an earlier post stating nothing from Satoshi pay. EHHHHHHH
Well where have you been all year?
Satoshi pay, which is Pendulum and Amplitude has been releasing news DAILY.
Big 2023 on its way IMHO. Good Luck all.
Interview with Jonathan (Pendulum community manager) on Monday for those interested
https://crowdcast.io/c/pendulumtalk
lets hope for a very good week next week.
goodness knows the share price needs it, desperate levels here, because the market doesn't understand BLU and sadly we have been unable THUS FAR to provide metrics from a valuation standpoint to force the market to understand.
that needs to change and i certainly hope next week is the beginning of that process, truly ridiculous levels here.
every piece of news now needs to be RNS with as much detail as to attributed value as possible.
we are promised a surprise for Monday, Elon Musk taking a stake, that would be quite an Xmas bonus :)
looks like the announcement could be Pendulum new branding
Yep theres your little surprise - watch the SP fly now - lol
https://pendulum-chain.medium.com/the-new-pendulum-look-221e74336579
I bought 30m at 0.125 on Friday
Fair value is 0.2 imho
Patience needed
Nice buying indeed.
Got a bargain there Nick.
Well done.
Thanks
I like to buy when everyone is selling
Dynasty =Blu mkt cap imho
So I bought some Satoshi for nothing ! Only
Upside then I hope ??
the business is derisked so there is no downside here.