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its all got rather boring with regards BLU sp, volumes are now pitiful compared to what has been.
lets hope, as we suspect, that May proves transformational.
surprised , same as you duke, that still some frequent and reasonable sized sell orders going through.
from a technical standpoint i'd much rather be a buyer at this level than a seller.
ragnarr, what is timeline from here for Pendulum?
i know they said q3 for parachain, but some think things are moving much quicker !!
and i believe it would be fair to say that once pendulum parachain is live, then tokens release along with revenue from Dtransfer? this really should be a major catalyst, !!
wish i was a fly on Dynasty boardroom wall, they certainly are taking their time deciding on sale or IPO.
Blubutton - my gut feeling is still Q3 for Kasuma Auction so early June - my guess will be Kasuma Auction #38 (29th May-5th June) or #39 (5th-12th June) but please dont hold me to it.
My reasoning is that they will want to launch and prove the spacewalk bridge first. The first milestone was reached early April so the second should be announced any day and the third within a month from that (if all on schedule)
So all in all i would expect an announcement in the next couple of weeks setting the date for the start of crowdloan. On average the crowdloan would start approx 10 days before the auction and each auction runs for 5 days - if the auction is not won then they can carry forward to the next auction , basically until they win. So it doesnt make sense to rush it if the product isnt ready as they wont get the stakes required. I would persobally prefer if they won the fist auction they enter hand down.
thanks ragnarr, excellent !!
Coiled spring
We need something Ragnarr to get this share moving up
Meanwhile down we go again.
Bowlers - a little patience required. Dynasty and Satoshipay are both very busy building what we hope will be very substantial companies in the not too distant future, but in the meantime BLU sp is in the hands of the marketplace and substantial news and valuations can be ascertained
No rush
I am Just keep making small top ups buying the dips.
Gla
struggling to hold 0.3p....
BLU has now gone blue Up 1.6% on volume of 24 million.
Good place here to hedge against inflation? not many places left as everything seems to be heading down.
If anyone has a half hour to spare I would recommend listening to Torstens interview with Sam Conner on Spotify about the future of Pendulum and specifically Forex.
https://twitter.com/samconnerone/status/1521969493790138369
The global forex trading market is worth $1,934,500,000,000 (that’s $1.93 quadrillion). Put another way, this is 2.5X larger than the global GDP.
https://brokernotes.co/forex-trading-industry-statistics/
indeed ragnaar.. the AMM once implemented and generating revenue will prove fascinating and transformational.
only a "widget" of a percentage of the consideration.... proves most lucrative, such are the size and volume of trades in the forex markets.
Many thanks for the recommendation to listen to the Torsten interview. It is a must listen for anyone interested in Satoshipay and Pendulum. I have even more confidence in how successful this is going to be having listened to it. I feel a further addition to my holding is imminent!
ICB888 - Torsten actually got excited - well as excited as a German with a huge brain gets :-))
Project Amber – No IL fiat Optimized AMM on Polkadot
https://www.lemonwheel.com/defi/project-amber-no-il-fiat-optimized-amm-on-polkadot/
Thanks for keeping us updated Ragnar! ????
Little bit of related info. An Australian Dollar (AUD) backed stablecoin is set to be launched on Stellar Network.
https://www.stellar.org/press-releases/novatti-to-launch-aud-stablecoin-leveraging-stellar-blockchain
Just adds to the convincing case of the digital currency revolution. Quite like this comment in the press release - Importantly, the design of Novatti’s stablecoin also lends itself to being leveraged by additional blockchain networks in time.
needs substantive news ...... quickly !!!
Pendulum litepaper pretty well explains everything updated 6 days ago.
https://pendulum.gitbook.io/pendulum-docs/litepaper