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Would be good if they actually met timelines this Year, TF must be so p**sed off with them.
he issues RNS guidelines based on what they have said then they fail to meet their own timeline.
thankfully not much of the project left to complete and once we have Nabla launched and Spacewalk on Pendulum, both TF and investors will be put out of their misery very soon and thankfully left to expect much better things as the delays can not be as long as they were last Year.
Spacewalk on Pendulum ... weeks away... being used in Amplitude environment now, prior to going live on Pendulum.
Nabla ... weeks away on testnet, main net Q1?
i'm sure ALL Blue star holders, much as myself, will be delighted once both of these facets of the whole are live.
$PEN starting to rerate now in anticipation of this, i expect PEN at 0.5 relatively quickly once Nabla and Spacewalk launched.
not quite the returns ragnarr has been getting ;) , but reasonable return none the less.
@ragnarr
did you ever get replies from Nabla team on discord as to when it may launch on Arbitrum?, also did ask you previously if you ever got reply on your Dtransfer question on discord (from either satoshipay or Pendulum) and the mystery of where it went and what it will be rebranded as?
@ragnarr
what effect do you think this DEX might have on $PEN ?
i think its fair to say that neither $PEN or BLU have gone the way we expected, i do think $PEN will move very quickly once the FX d'app Nabla is launched, this then benefits both the token and BLU.
10-15% upside...lol
or add another zero?
to my mind project needs to be completed as quick as possible ( remembering this is satoshipay we are talking about), Nabla and Spacewalk on Pendulum should be launched without (further) delay
Well next year has to be the Year that Satoshipay / Pendulum finally get traction, the cross border aspect and FX must finally offer them a way to redeem the "lost" years.
the valuation/sales process which will be disclosed at latest March '24 should reveal all.
@slug
i think you could fall into a container of cherries and come out clutching a turd. ;)
you seem to be a glass half empty guy, maybe Satoshipay and Blue Star have destroyed what little optimism you had left but whichever way we look at things Blue Star assets are worth more than £5m from both Spot and forward valuation.
i would agree entirely on the roadmap, no one and i do mean no one has given them a harder time than I, however as shareholders and indirect at that, we can only do so much and whilst slippage is a part of the project cycle, Pendulum have had their share of delays, on the plus side, the project is virtually complete and with the launch of Nabla and Spacewalk on pendulum, they can finally get on with the important part.
Its a fair point Gazzle
TF is the guy to query on this.
would TF begin a sales process/valuation on a company, spending funds on Benchmark if he knew there was an issue with accounts , which would be found at due diligence stage?
have a chat with TF, we should be hearing from Dynasty soon anyway with regards merger and Indian market position.
we al expect Satoshipay to be front and centre in '24 , Nabla FX , Spacewalk on Pendulum with the ensuing bull market.
do let us know the answer you get from TF
atb
blu
@bobsson
"BLU will be the subject of a takeover bid, hopefully battle, from a large financial institution (eg Morgan Stanley) looking for a large stake in Spay prior to its IPO."
a few leaps of faith there ;) , i sincerely hope you are prov en correct..
To be honest, i don't see the relevance of $ or £ ...... the focus is on the valuation not the currency
Pendulum need to deliver, they are beginning to do so
Dynasty need to deliver, we are aware that India is THE prime market for esports and growth, so we need to know figures and deals associated with the merger.
There is no obligation to sell Satoshipay as part of the valuation/sales exercise, it is merely to flush out a valuation.
the merger detail will provide a "snapshot" valuation of Dynasty
if both of the above start to deliver then 0.3 - 0.5 is achievable, this is where TF warrants are exercisable thus gives an idea as to his perception of value.
You have to think market cap davetk
0.4 , gets BLU to £20m mkt cap.
value of Satoshipay = £m ?
value of Dynasty = £m ?
Satoshipay would have to be valued at £45m for BLU to get £15m
Dynasty, no idea what they are worth as we have not seen the merger terms and the scale of their disruption of Indian esports market
all of this can change very quickly, as mentioned earlier, if the FX side of things gains traction then the price could be substantially higher, sentiment , market conditions (which will be highly favourable for RISK ON, falling inflation and interest rates) and what is achieved , will all prove major factors.
i would like to think that next year will provide conditions where BLU investees can finally achieve what they should have achieved many Years ago.
@DaveTK
i like your optimism, but you will be mightily disappointed. ;)
i honestly dont see a market cap of £50m , nothing that says it cant happen though, FX is a large market , good traction , usage, of Nabla and Pendulum in general sees that mkt cap eclipsed.
but far too many let downs with Blue Star and Pendulum, so getting to 0.3 - 0.5 , strangely where TF warrants are would represent a reasonable return from here.
ill be happy to move from 0.2 to next target 0.3.in Q2, i suspect aided by a Satoshipay valuation.
@ragnarr
and where there is a real world case.... there is value.
i really do see big things for Nabla.
did you ever get an answer to the mystery you enquired about on discord....namely Dtransfer?
Do we assume it is still operating in a limited fashion whilst the time consuming, frustrating and oft delayed Pendulum project reaches completion? this is how Satoshipay is profitable to my mind along with coding work for Pendulum.
this could be massive once Nabla is finally launched mainnet, its a multifaceted d'app that leads to almost any aspect of finance, think payment, think FX, think settlement, all A to B in the blink of an eye .
would seem we are just waiting on Spacewalk on Pendulum now.
things could move quickly in Q1 2024 and about bloody time
All seems to be happening
https://twitter.com/NablaFi/status/1737106684802122199
interesting explanation of Nabla and its function yesterday, await maainnet launch before we get MOu's methinks
https://twitter.com/pendulum_chain/status/1737316543707648061
Stellaswap... DEX on Polkadot...another trading exchange for $PEN
only need spacewalk on Pendulum then the project is there, hopefully ready to capitalise on 2024.
This move was overdue , ridiculous levels here due to missed timelines and maladroit investees
i think that changes as Satoishi/pendulum/Nabla position themselves for the economic environment that presents next year, falling interest rates, falling inflation, and what some perceive to be a surge in the crypto sector, which will also help Satoshi valuation.
as mentioned previously , i am a buyer below 0.15, i always look for upside of 100%, 0.3 gives a market cap of £15m