Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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... little to do with conmen ... all to do with ineffective algorithams !
That 1227,895 is a buy, it is my top up, i never trust these con men.
The Total PEN tokens are never going to suddenly ‘hit’ the market - forgive me Pablo but that comment just displays a lack of blockchain/tokenomics understanding.
Firstly the distributed PEM tokens ate subject to a vesting period between 18 - 60 months depending on allocation, but more importantly the PEN token is first and foremost a utility token that will be used to power the transactions on the blockchain, as well as staking collators, and staking liquidity for Dapps such as AMBER.
As the network grows with fintechs and dapps built on the blockchain a vast majority of the PEN tokens will be utilised for these purposes not just for traders on exchanges.
Yes, things are currently quiet on the share price front. We know Dynasty is going along very nicely in the background. We also know things are behind schedule on the Satoshipay front. The Pendulum Roadmap lists 8 Milestones/Sign Offs for Q2 2023 ie before the end of June. None have so far been delivered. So there is a lot of Pendulum news due in the next 7 weeks.
Thanks Dave / all - just get nervous at times :(
Ha ha good man.
Looking to buy again in .14s, but hopefully that won't happen and sell within the next 2 years over a penny.
People may think that's crazy but we will certainly see in time.
Have a good all.
Thanks
Thanks Dave I’ll keep them
Very doubtful momoni.
I recommend you quickly sell everything you have so the share price gets lower and lower.
Looking like it's all going belly up so sell, sell ,sell.
Hope I've helped here.
Thanks
Guys are we going to be ok
I know my tone here is normally baiting but I've looked into the Pen tokenomics and will not be going near it. Seriously, do some research before you even consider buying.
Initial Supply of Pen Tokens is 15.2m vs Total supply of 200m
There are currently 7% (seven!!!) of the tokens in circulation., once the remaining tokens hit the market, you're facing 93% dilution.
Buying at todays supply/valuation, means you'd need to 13 bag to break even once the tidal wave of dilution hits.
Not necessarily a bad thing for Blu, as Pendulum are holding 26% of supply in treasury, so they'll control dilution ( probably into price rises, a la the ponzi masters XRP) . But tread carefully
Sound like you were notready…..😀
.
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Pen looking strong over the weekend. Just needs a news catalyst now to propel it to new highs
@ragnarr
PEN now through resistance i, reasonable spike to 0.35 in which to close short term :) and get back in as the break of resistance is "confirmed", further upside should ensue.
have a good one people.
atb
blu
Good to see it moves up, as well as down…!
Blimey a bit volatile!? 0.35 then down to 0.12, currently 0.25ish
Pen Token doing well. Just at its 2nd/3rd April resistance.
Looks like PEN is gaining traction.
Good banter boys
And up 6%! :) Happy days...
..unfilter button being pressed as we speak. Hi Blu
@Gazzleberry
No ramp intended,just a belief that this is way undervalued and the market is currently asleep on the value here.
At least you have lifted Blubuttonee's spirits for the weekend..i see it only took him 3 mins to jump inside your rear end. Maybe you should tell him it's "Gazzle berry" and not "Dingle berry".
Enjoy your wkend, you would want to be in this by open of business next week.
@gazzleberry
well played sir !!! :)
Looking stronger again today. Hopefully AMPE will go live soon too.
Thanks
Hi John. No probs..it's in my post history. I could be wrong btw, happy to be corrected