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Sheep always follow the heard mate.
So far it's been lose lose for everyone.
With TNT dropping yesterday I think the selling will be relentless and 0.10 incoming unfortunately
I just dont see it... If the news was credible it wouldnt be at the current price, it would of re-rated close to the quoted number.
I have no stake in TNT and dont really care ether way so good luck to anyone speculating.
Pants around someone's ankle's for the 10 mil sell.
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/
Did you get in TNT today nick ?
Could be a tough few weeks here with the selling but im buying the dips and hopefully building a modest holding until 2024 end at the earliest. Very excited about the future !
In Tnt If they really do raise on a 250m valuation
Good luck to him as risk reward in Tnt looks great
Wow 250m bucks valuation TNT
MARK has probably nailed it as that’s a lot higher than mkt price
Mark will do well
Imho tnt read well..wow what a valuation
I’m keen for more BLU ……….I’ll take 7million at 0.13 ……any offers? : )
TNT twice as much down as BLU (so far) Rainbow chasers.
Looks like there will be more selling of Blue to pile into TNT after that RNS.
Maybe not the way they were all thinking though.
Looks like its been lose lose for some here that sold at big losses here.
Thanks
Is it because we are bailing out TNT? LOL
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.
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.
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.
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.
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
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 something looks too good to be true then it probably is.
The problem with TNT's funding, and what Duke is being quiet about, is that it won't be at £12.50 a share. What kind of investor would ever put money into the company at 5x the current market price?
Most likely, it'll be the same deal as the last round of funding. Duke was pumping the last funding round as being at £5. So why isn't the share price £5? Because those £5 shares also come with 2 warrants at 50p each. Meaning investors get 3 shares for £6, or £2 a share. That's why the share price is/was hovering around the £2 mark, plus a little added froth for all the social media ramping.
The £12.50 funding will be a similar deal. Maybe a Headline of £12.50 per share, but 5 free warrants. Or £10 a share and 5 warrants at 50p each. You see how this goes.
For anyone invested in TNT, or thinking of putting money in to follow the herd, have a read of how the last round of funding was conducted.
If it looks to good to be true, it probably is...
Bobsson!
Bobsell you got it ; )
It might be he thinks the better short term bet is TNT, he loses money here short term but as soon as TNT rockets he takes his money off the table to reinvest here. It does not mean he no longer sees BLU as a potential multi bagger, just not yet. The trouble is that BLU is at a bargain basement price now...... if you believe.
Chester - it does actually when the guy is the second biggest holder and his selling affects the sp massively!