Blue Star Capital Share Discussion Threads

[comedy] 01/12/2017 20:42

For everyone asking about Visa - there is a 'Visa - coming soon' option under Payment Methods in the SatoshiPay widget
hxxps://satoshipay.io/
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[–]PipingHotGravy 1 point 58 minutes ago
Here's a screen grab showing this.
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[–]meinharrd 7 points 59 minutes ago
Yes! There is! Thank you. Also, there is a Mastercard logo in there. Why isn't anyone talking about that? ;)

[comedy] 01/12/2017 20:39

Everyone talks about the great strides we have made in crypto but what are the biggest challenges you have experienced at SatoshiPay in this cryptospace and how did you overcome them?
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[–]meinharrd 4 points an hour ago
Very easy: Bitcoin fees went up from 0.5ct to $10, much faster than we anticipated. This led to us changing to a different ledger technology: Stellar! :)
Another big issue was that traditional finance does not trust crypto companies. It took us quite a while to get a bank account and to build trust with fiat payment partners

[comedy] 01/12/2017 20:38

Thank you for doing this AMA, my question is; why Stellar and not any other coin?
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[–]meinharrd 5 points an hour ago
Stellar has a very solid architecture, is scalable, production-ready, cheap in transactions, supports tokens at protocol level, is well tested and documented. In short: It just works! Also the Stellar.org foundation is very accessible and helpfu

[comedy] 01/12/2017 20:37

Hi Meinhard,
Great to have you here. The questions I have for you are:
Will you be offering a fiat gateway to Lumens via your platform?
Without naming names of course, would you mind sharing your sense of the market appetite for incorporating micro-payments into our social experiences beyond wordpress?
Do you have projections for transaction volume on your network over time that you can share with us?
Will you be launching a 'Satoshi pay' token on the Stellar network, transacting in xlm directly, or both?
Are you now partenerd with Stellar only, or have you joined the Universal Payments Solution platform as partner or market maker?
Many thanks for your time and attention
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[–]meinharrd 4 points an hour ago
Yes, this is on our roadmap.
There is a healthy appetite. Many people face inefficient pay-out systems and bad UX in web payments in general.
We do have projections, but not too much data at this point to make reliable predictions we would like to share at this point. 2018 will give us a lot of data to share.
We will start with transacting lumens, but plan to use a less volatile token in the future. We are speaking to partners regarding this.
Currently we are partnered with Stellar and IOTAm but not with UPS.

[comedy] 01/12/2017 20:36

I suspect it may be too early for him to publicly comment on the situation.
However, this:
I will address the Visa comments in a second.
...followed by this:
Our long term plans are to use them as a solid backend
... is very encouraging! Care to comment u/meinharrd ?
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[–]chrislaynes 3 points an hour ago
To me it sounded like "them" in this context is referring to Stellar, if you read his whole answer
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[–]meinharrd 3 points 51 minutes ago
Yes, I meant Stellar
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[–]sensilaca 2 points 49 minutes ago
Thank you for clarifying.

[comedy] 01/12/2017 20:35

I know everyone is hounding you on the Visa Rumors, sorry about that...My question is that now you have partnered up with Stellar Lumens, what are you're long term goals with them, and what do you want to achieve? As the leader in being the first major partner with them, we know there will be others to follow you, what is the big picture that you are trying to create on the platform with the other future partnerships that may happen?
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[–]meinharrd 5 points an hour ago
I will address the Visa comments in a second.
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[–]meinharrd 4 points an hour ago
Our long term plans are to use them as a solid backend and focus on our core business, which is to work closely with publishers and consumers. We are happy to have solved our ledger related headaches now, so we can move on in terms of sales. The 50m free lumens should help a great deal! :)
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[–]Silent_Chimera 2 points an hour ago
Thank you for taking the time to respond. I'm a HUGE fan of both you and Stellar Lumens, I can't wait for you two to take over the payment industry, even if the Visa rumors are false!
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[comedy] 01/12/2017 20:34

The FAQ portion of your website appears outdated - are we to replace Lumens where we see Bitcoin?
If so, the network fee mentioned of 5000 Satoshis to pay the miners ... will this fee now be 0.00001 lumens?
Thank you for being here.
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[–]meinharrd 4 points an hour ago
Yes, we will of course update our website once we switch to Stellar on 7 Dec.
Correct, the transaction fee for Stellar is close to 0.

[comedy] 01/12/2017 20:33

meinharrd 8 points an hour ago
Hi everyone, welcome and thanks for attending the AMA! I am sitting here with my tea and I'm ready to get started. Looking forward to your questions during the next hour! :)
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[–]loftgroovv 2 points an hour ago
Hello Meinhard – can you please confirm you already have clients secured wishing to use SatoshiPay’s technology? Note that is “already secured” not “trying to secure”.
Adoption is obviously so important so just keen to understand this. Thanks.
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[–]meinharrd 4 points an hour ago
Yes, we have secured some clients for pilot projects. And let's not forget about the 1000 publisher signups that we have had over the last year or so. We will actively reach out to them an let them know about our improvements.
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[–]loftgroovv 1 point an hour ago
Thanks for answering - sounds very encouraging. Best of luck!

[comedy] 01/12/2017 20:26

6666667 delayed trade at 0.4p...£26.6k trade delayed explains the flatline..question buy or sell???

[doodlebug4] 01/12/2017 18:16

SatoshiPay retweeted
Stellar
@StellarOrg
36m
We're starting in 1.5 hrs! Join us via r/Stellar for a lightweight @Reddit #AMA with @meinharrd, the CEO of @SatoshiPay, about their partnership with @StellarOrg #blockchain #XLM #fintech reddit.com/r/Stellar/comm…

[doodlebug4] 01/12/2017 16:45

I agree cyberbub, but as a consumer I can"t access The Sunday Times online, just as one example, without paying a sub and I don't want to wade my way through all the Sunday Times supplements - so I would be very happy to see a SatoshiPay widget on certain sections and could then pay a small amount to read whatever I choose. It's surely a win-win situation for consumers and providers.

[celeritas] 01/12/2017 16:27

I'm expecting plenty of news this month, not just tonight.

[comedy] 01/12/2017 16:21

9minutes to go.

[comedy] 01/12/2017 16:21

cyberbub think meinhard will name the publishers tonite!!!!

[cyberbub] 01/12/2017 16:08

Er.... can we all think logically here?The change will not be driven by consumers by signing up to pay for content that they currently get for free... (although the freebie Lumens for the first 100k consumers will help)......it will be driven by content providers converting their webpages to be payment-based where they were previously ad-based (or completely free of charge)... if there are no providers demanding nanopayments for their content then there is no market for Satoshipay!Satoshipay will be focusing most of their marketing efforts on the latter group surely?

[comedy] 01/12/2017 16:08

22minutes then lockdown:)

[comedy] 01/12/2017 16:05

lol my analyst is away seeing the world cup draw!!!

o/t check out argp not a trade...but they are going in to blockchain...also sold 5% asset for $600k...still have 40% so even the m/cap is out of synch!!!

[comedy] 01/12/2017 16:03

100k tell only 5 pals...thats 500k people and then you know the numbers are hitting the millions and the trillion transaction model kicks in

[comedy] 01/12/2017 16:02

100000 users ...same as 100000 clients...and to entice them in lumen giving them a free lunch...once the change happens 100000 first movers will be telling their mates

[comedy] 01/12/2017 16:02

SatoshiPay CEO Meinhard Benn said "We are actively preparing to move all transactions onto the Stellar network from the beginning of 2018 and the loan from Blue Star is a conservative step to ensure management can focus aggressively on building the client base while fully optimising the significant marketing support from Stellar Foundation. Since announcing our partnership with Stellar the value of their marketing pledge to SatoshiPay users through the allocation of 50m Lumens to the first 100,000 users is now over EUR3m at today's price."

[comedy] 01/12/2017 16:01

clever ones getting in...afraid the charlies who dont understand what they have are selling and clever ones are buying...this afternoon has been clearing out equalitis syndrome!!!!

[comedy] 01/12/2017 15:50

we are looking to crack off here in last hour...AMA with meinhard session..and first question im going to ask is who are publishers!!!!

[doodlebug4] 01/12/2017 15:50

ich stimme phowdo zu.:-)

[comedy] 01/12/2017 15:49

stellar are investing 3mill euros in to our business of satoshi to encourage people to start to move in to this field!!!!


only other stock i can recommend is and which i believe will do csb to zol...is argp!!!

csb i went from £6k to £26k...if stayed in full ride to 8p would have been £6k to £100k...

argp a few have discovered it...been informed golden cross has just happened!!!

[comedy] 01/12/2017 15:46

ive been saying for months satoshipay is worth a billion....iota linked with us...now stellar lumens have jumped in with us and given users when they use satoshis

Since announcing our partnership with Stellar the value of their marketing pledge to SatoshiPay users through the allocation of 50m Lumens to the first 100,000 users is now over EUR3m at today's price."