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I wouldn't trust what Google says Slug. I went to a resturant yesterday that Google said was closed.
According the the DTransfer website they are running just fine. They even have job vacancies advertised. They just appear to have been merged in to the entire Pendulum business.
I am of the same opinion.
It is my belief that Dtransfer makes a reappearance in a different guise under Nabla.
Nabla launch this month?
Have dtransfer gone bust?
A simple google search says they are closed
They’ve not posted on Twitter since June 2022
Every day that passes this unravels itself as an absolute mess
I thought dtransfer needed pendulum to operate
Google says closed
Dont think its anyones focus now Slug, all that matters in the next 2 months is that we get a partial or full sale of Satoshipay.
to my mind Satoshipay remain profitable, as they have been for past couple of years, anyone in doubt ask TF.
Satoshipay valuation/ sale nails the BLU price, then in (hopefully) short order, we get news of Dynasty IPO/SALE / takeover by Microsoft ; ) etc...
lets hope TF has everything ready to go, we don't really want anything else, delays or otherwise, adding to the 2023 sh5tfest...
Any idea what Satoshipays current monthly cash burn is ?
I estimate it’s got to be close to €100,000 a month
17 staff on their website… let’s say average salary €40,000 per person = €680,000
Divided by 12 = €56,666
Plus business overheads on top
@london
most interesting, thanks for sharing.
more to the googly than meets the eye, if you'll pardon the pun. cricket is a "religion" in india, thus if you cant make cabbage out of betting or gaming out there, then business is not your thing.
interesting to see corporate structure taking form anyway.
i'd still like Dynasty to offer terms of IPO in H2 '23, we then get valuations of both investees, such that market can make its own assessment, we then finish multiples higher than this ridiculous situation we BLU shareholders find ourselves in , AGAIN !!!
an absolutge sh5tfest of a Year after what promised so much, thus far !
@ragnarr
very interesting, paypal have to innovate, would they like to make a bid for Satoshipay/Nabla/Pendulum ?
keep welcome back btw.
blu
Https://www.reuters.com/technology/paypal-launches-stablecoin-crypto-push-2023-08-07/
Superb find LNW.
It's a great competition to be associated with.
It seems Lodge became Googly ceo
https://www.cricketworld.com/googly-cpl-launch-ecpl-with-25-000-prize-pool/88769.htm
0.117 bottom.....about to end...imo
I also took a few million this week and will continue to accumulate when opportunities arise!
Yet another week down the swanny
Gazzleberry - ‘who cares’ - thats exactly what my wife says :-) well done on XRP by the way.
I am still here for what its worth, but havnt posted much recently as there really isnt much to say and I am now concentrating on crypto rather than equities, with BLU being one of only 2 long term holdings. For the record I havnt sold any (actually bought a few more recently)
In previous post Nelson nailed Satoshipay on the head saying we have to wait for the next bull run and I concur with that - most likely 2024/25. Pretty well most Alts are well down over the last 6 months ranging from 20-60% down so PEN is actually holding up ok and I am accumulating on drops below 0.07, with a current average now of about 0.85.
Obviously disappointing SP at present but right or wrong, i’m still confident.
@london
how many Years have you held BLU stock... ;)
@ Dave very likely indeed
@ blu in the HY he said they hired for SatoshiPay valuation. Nothing on Dynasty. And I guess that’s because D it’s either IPO in 2024 (likely if ipo market allows) or for another round of funding, so the valuation will be automatically provided then.
So I’m expecting only SPay news on that front this year
The next company update will more than likely just be a copy and paste of the last 5 years.
We need valuations.
@london
we were advised valuations by end of Year, i for one would like to see that happen.
Inflection points:
Q4 2023 - Spay valuation update
H1 2024 - Dynasty IPO update
that’s the timeframe I think. And there’s (just) enough cash to get there. Next company update due in a month I think anyway
@gazzleberry
well articulated sir..... agree 100%
Spot on aardvark.
It is hard not to look most days though.
It's a screaming buy right now.
As always we are waiting for current updates that never seem to happen.
Thanks
On the assumption that no one has gone 'all in' here, it still has the potential that made us buy in the first place. The management at Dynasty are pretty smart and they will maximise the potential and IPO/sell price there, of that I have no doubt. Spay could be anything from a load of rubbish to an amazing and rewarding unicorn. I, for one, and am happy to wait till its all concluded. On that basis, looking at every trade, every day, is somewhat futile imo.
Nice to hear from you Duke and thank you for sharing your position.
I am chuckling to myself at the new name - hopefully you wont have to add too many more e's before this share eventually pushes forth its intrinsic value (Dynasty that is - only a crpto bull run and excitement can value Spay).
NtD
Last time you proclaimed you weren't selling we got a TR1 the following day...