Molotov and ComeOverHere - could you please exchange numbers and continue your nonsense away from this board?
This is normally a useful and informative board, your squabbling is pathetic. The it elsewhere please
Lol Hobsy, none of what I said was new. I've consistently said the same for years.
I'm not claiming to have sold now, i said months ago this isn't worth holding and I've sold most my holdings to just trade this. (And the permabulls said I'll claim to have bought when it goes up 😂)
Yes, my pot has lost today, but I've made more trading than this nonsense was ever going to make by holding
But... but.. "it's different this time" said every clueless, speculative chancer on here?!?
To anyone that believed the tripe spouted here, Live and learn. While there's no news coming out of a company, and no meaningful roadmap, EVERYTHING the permabulls say is unsubstantiated, speculative nonsense.
I've said it before and will say it again, DYOR
I think you're both equally correct but are making different points.
SatoshiPay are undoubtedly brilliant technically. A team of world class developers creating curring edge tech.
But that's also their Achilles Heel.
They don't have a clue how to run a business.
Constantly aiming to take x% of an existing global market by creating tech they hope somebody will use is just nonsense.
They constantly create products that nobody wants, so the business grows organically into something else every time they fail to deliver value. So not creating a meaningful roadmap when they don't know where they're going is kind of understandable
I don't think I've ever seen a more positive statement in an RNS:
"Cobra is taking the right steps to demonstrate that the Boland ionic rare earths discovery has the potential to change the global supply of magnet rare earths"
I am laughing so hard I can't breathe, he's done you all.. again.
How many times has he made the cheerleaders frothy with his "it's different this time" baseless tripe, and dumped out? It's at least twice now.
The good news is that absolutely nothing has changed for a very long time, so swing trading is easy here. This will easily return 10-20% within a few weeks, even if there is no news. Thanks Duke (again)
"220 samples from historical drillholes have been submitted for analysis aimed at vastly increasing the scale of Cobra's tested area from 5 km2 (Boland) to >500 km2. Results are expected in late January 2024 "
They need to stop giving unnecessary dates and creating unnecessary expectations. Why not say "Q1" instead of "late Jan", then a Feb update would be a positive. No news today seems like failure
Nelson, don't be reluctant to admit that you can't follow a moving target.
SatoshiPay rewrite their roadmap every time they miss a milestone.
Things that were supposed to be delivered last quarter were silently moved to this quarter, and they retrospectively invented new tasks to pad out last quarter because they failed to deliver of almost everything.
When they inevitably miss the next milestones, the creative writers will be deployed again to invent more activities we've never heard of before to pad out another failed quarter
Sadly, I've been around long enough to remember people planning a BLU "15p Party" (possibly on advfn)
It seemed ambitious but achievable at one point. Diluted to death, untapped potentially, and a roadmap that is nothing but a vague recommendation, and 2p has become unrealistic
Huge lessons can be learnt here, if apologists ever stop accepting failure
I'm aware they were sold, that's my point.
They were sold at a fifth of today's share price, or a tenth of current NAV.. because we needed fuel for the SatoshiPay cash bonfire
Seems like a valid topic to raise here, not sure why it would be moderated
Has an NFT conversation been "moderated"? I'm sure there was one here earlier that disappeared? I hope not, as it's a valid conversation
As of March 2022, Blu held 0.9% of NFT based on a £250k investment
At today's share price, that would be worth £257k, or almost £500 based on NAV.
It could've been Blu's best performing asset, but was sold, for peanuts to chase rainbows and go unicorn hunting with SatoshiPay
Despite arrogant dismissal of it being "P&D", it's an investment company with crypto assets that have increased in value, unlike the absolute nonsense we kept hold of
Where did the 45-50k profitability figure come from?
When BTC tanked from $60k, Peter Wall said Argo was more profitable at $30 because the network difficulty dropped in a higher ratio than the price.
Ovb it's a new cycle and the last figures won't apply, but I'd struggle to believe a profitability estimate based on Price alone, it's unknown how the network difficulty scale at $50k this time round.
I'm hoping they're already there
The lack of detail in recent RNS updates is frustrating. The % increases sound great, but BTC held continues to drop.. is ARB still not profitable and using bitcoin reserves to stay afloat, or are they profitable and clearing debt?
This could either be a very good, or very bad situation, and it's absolutely unclear which one?
This is the how the roadmap looked last month, before they deployed some creative writers to dressup failure as success:
https://web.archive.org/web/20231020070947/https://pendulumchain.org/
SatoshiPay have finally updated their roadmap, hurrah.
Typically, they have missed milestones and kicked them into the next quarter, with absolutely no acknowledgement.
Nabla Forex AMM Launch, and Spacewalk Pendulum Launch have both silently slipped into Q4. and they've padded out Q3 with new fluff because they missed all but one of the original milestones.
They're nothing if not consistent
"The Seller" does make me laugh. There never seems to be a TR1, but always a solitary seller.
I suspect the volatility here just makes it very appealing to traders. I have a holding pot I'll persevere with, and probably go down with the Titanic , but I've started trading too.
Every move is on sentiment, there hasn't been significant news in forever. Any rise is worth selling into because the drop is inevitable. I might miss out if SatoshiPay is off loaded for a huge price, but the price swings are too easy at the moment
ATB
This line is interesting: "it would benefit from an investor better equipped both financially and strategically to support SatoshiPay's aggressive growth plans."
Are blue cashing in, because SatoshiPay have increased in value? Or cashing out, because they need funding that Blue can't give them and we're about to be diluted.
I suspect we're cashing out before SatoshiPay has made any significant gains. A very long wait for nothing.
Please forgive the cross-ramp, but this is the polar opposite to COBR, they have today diluted with directors paying an 11% premium on new shares. So much respect there, absolutely none here
Ragnarr - thanks for posting, in fairness my tone is generally antagonist, which I apologize for, but I am genuinely a concerned holder.
I followed SatoshiPay into Blu from Coinsilium circa 2016, researching their technical solutions on Bitcoin and Stellar networks, even their brief detour to IOTA. The past 7 years have given me a better understanding of Blockchain than most, and I genuinely believe SatoshiPay are solving problems that don't exist, they have gone from cutting edge front-runners to being leap-frogged. Just Google "defi Forex" to see how saturated their latest target market is already.
I'll agree to disagree on the potential, but my stance is not uneducated misunderstanding
As for wadogara, the perma-bull called me a "Permanent W@nk£r" for pointing out his ramping of PEN yesterday, which predictably crashed back down today. In response, I highlighted his undeniable, shameless history here. It's wasn't a personal, name calling attack. Just facts.