Blue Star Capital Share Discussion Threads

[hazl] 14/11/2020 22:25

'888ICB
13 Nov '20 - 11:11 - 740 of 743
0 1 0
Well said okspookie.
This is a pointless bb.
I invite anyone who is interested to look at how they responded to a very simple point I made in a post yesterday and form your own view as to whether you wish to bother engaging with them.
It’s clear to me why they were banished from the other BLU bb and I will leave them here to agree with each other to their heart’s content. I will return to the civilised BLU bb where constructive discussion takes place.'

Good thing somebody sees some sense.

[doodlebug4] 13/11/2020 14:23

888ICB - good, logical points in that post. As you know, I have raised my doubts on several occasions on this thread, but there's no point in repeating the same things over and over again. BLU now has several other very promising investments in the portfolio and SatoshiPay may yet deliver on B2B payments. As you point out, Stellar has a far better knowledge of SatoshiPay than any bulletin board posters.

[888icb] 13/11/2020 13:52

As okspookie knows I put a very straight post on the other bb simply referring them back to the May RNS and Stellar’s investments in Satoshipay. They got very upset and I posted the following in response:
Your comments are irrelevant in response to what I posted. We have all heard your views on Satoshipay many times and there is no point in repeating them yet again. I have followed Satoshipay since they were invested in by FFWD and bought into BLU when FFWD sold their Satoshipay shares to BLU. I am not saying you don’t have a number of valid points about the performance of Satoshipay but clearly there is a limit to what you can ascertain from your research.
I am not hanging my hat on Stellar and just because they are continuing to put substantial sums of money into Satoshipay does not mean they are right.
However they are in a far better position to conduct research and due diligence on Satoshipay than you or I are. They have a business relationship which involves using Satoshipay’s product. They work with them to develop that product. They meet and know the Satoshipay team. Based on that knowledge and relationship they continue to invest in the company and its new b2b strategy.
I think Stelllars actions based on personal knowledge carry more weight than your overly negative opinion.

They didn’t like that much either so I will leave them to talk to rant amongst themselves and stick to this bb.

[okspookie] 13/11/2020 13:05

sister thread comment is rather generous #9652

it's become an indoctrination cult

disagree with any of their opinions

& u get shot down by the pack

agree with them & u get a patronising pat on the back

unsavoury bully boys imo

[peted81] 13/11/2020 12:44

Btw, DoodleMug and Hazl... A fact based post that upsets the rampers enough to get 2 down votes is a badge of honour imo.

It's bad enough that your two are talking to yourselves over there, nevermind only having this board to talk about 🤣
Have you considered just exchanging phone numbers and talking directly

[peted81] 13/11/2020 11:57

888 you challenged me to try harder to make a credible argument against the meaningfulness of the stellar funding.

I've done so.

In the face of facts, you've reverted to evasive deflection.


I agree, you're more suited to the other board.

[kernel_pult1] 13/11/2020 11:44

'constructive discussion'

You mean the copy + paste off twitter thread and exile anyone who has a valid & well reasoned critical opinion... sounds more like a dictatorship to me but hey-ho.

The other day, I actually gave an ounce of credit to both doodle and spookie because they are actually starting to see the wood from the trees regarding Satoshipay, evidenced by some of their comments.

Learn the difference

- Business guys are out there to make money and profit
- Tech guys are out there to produce tech

- Meinhard is a tech guy
- Stellar is made up of tech guys

Dynasty on the other hand, have got their bases covered on both the business and the tech side. Incorporated only 1 year, 1 month ago and already on the cusp of turning a profit Q1 2021



Pick up your ball and go and play in the other pen.

[888icb] 13/11/2020 11:11

Well said okspookie.
This is a pointless bb.
I invite anyone who is interested to look at how they responded to a very simple point I made in a post yesterday and form your own view as to whether you wish to bother engaging with them.
It’s clear to me why they were banished from the other BLU bb and I will leave them here to agree with each other to their heart’s content. I will return to the civilised BLU bb where constructive discussion takes place.

[hazl] 13/11/2020 08:19

Meridian 2020 is almost here! This year's virtual conference hosted by @StellarOrg
discusses the Stellar network and the visions for an inclusive global financial system. Tune in Nov. 16-20 and register at:

as yours doodle

[hazl] 13/11/2020 07:45

They are still trying to denigrate people brighter than them, on the sister thread, I see!

Good luck with that.

I bet they never invented anything in their lives.

[kernel_pult1] 13/11/2020 07:19

Ok, thanks

“ I'd forgotten about this gem. SatoshiPay giving away free Lumens for their first 1 million users. Rofl. This giveaway will be running until 2055...





This made me laugh, the Medium article from mid 2018. The May 2020 RNS said they’ve transacted more than €650k from two hundred thousand accounts. Which means they have still got 800k users to give lumens away to lol.

They can’t even give the damn things away for free lol.

A few weeks ago they announced the milestone of having transacted €1m in in fees. For a business of 6 years which has had north of £2m thrown at it, that is dire.

That’s like me making a big deal from finding 2p on the floor.

If everything was going well, I would have no reason to moan on here, but things sadly, are far, far from it

Beta testing still not started, which means no sign of them generating any revenue this year. Had testing started back in September, we might be close to a properly live b2b product before year end. Meinhard continues to drag it out so he can siphon more funding from Stellar yet again...

N.b. 888, Peted d and stoxx have absolutely merk’d you

P.s, I don’t have twitter, however for anyone that does, would they mind posting a link to this thread to meinhard the chocolate fireguard
T-I-A

[peted81] 13/11/2020 06:49

888: "You don’t get to be worth $20 billion by backing losers. People like that absolutely do their due diligence "


You clearly have zero knowledge of the crypro world, or Jed's background.


1. He's developer, not a business guru. He was an early bitcoin miner, so early there's people who think he's Satoshi Nakamoto, he will have made a fortune from his early days. This shows nothing more than being a nerd who got incredibly lucky.

2. He was founder of Mt Gox. The infamous, most spectacular failure in the history of crypto. They "lost" 850k bitcoins, assumed stolen (resulting lawsuits targeted Jed directly)


3. Then he co foundedRipple, where he left because his own board refused to implement his ideas.


4. Now his plaything is Stellar, where his latest bad decision is SatoshiPay.


Get it now? If not, use Google and educate yourself instead of making pointless statements based on assumptions that are completely wrong.

[stoxx67] 13/11/2020 04:42

peted

i would tend to agree, we've all done it in business , not quite on the scale of Mccaleb, basically you fund an interesting proposition such that you keep an eye on progress, in order to make up your mind whether it will be of use to you or your company

if its not , you get your loan back with interest and jettison the shell (pardon the pun)...... its not rocket science.

888icb , get back to the rampers thread, you have no place on here if you are not capable of rational discussion, quite clearly you are not, even when matters have been stated in simple layman terms, you remain in denial.

KP would suggest you put 888icb on filter, as you are merely covering old ground and the argument becomes circular. we are above that on here.

its rather a shame we cant moderate this thread

888icb filtered as waste of time.

[888icb] 13/11/2020 01:48

You don’t get to be worth $20 billion by backing losers. People like that absolutely do their due diligence (or have someone do it for them).
I think you need to try much harder to come up with a credible argument to discredit Stellar’s investments in Satoshipay.

[peted81] 12/11/2020 21:34

I think people are over analyzing the meaningfulness of the Stellar funding.


Stellar founder Jed Mccaleb is reportedly worth $20bn. He can easily afford to throw a few hundred £k at a startup who are promising big developments on his network without doing the type of due diligence you might expect from a normal business.


And some of the earlier investment was in the form of Lumens for SatishiPay giveaways, so had an underlying purpose of having people owning/using Lumens, not just Satoshipay

Personally, I see Stellar investment as self serving and says very little about their faith in SatoshiPay.


I'd forgotten about this gem. SatoshiPay giving away free Lumens for their first 1 million users. Rofl. This giveaway will be running until 2055...

[kernel_pult1] 12/11/2020 11:17

Ok 888icb, thanks for the response.

Let’s hope it comes good for both of us

Good things come to those who wait

[888icb] 12/11/2020 11:11

Your comments are irrelevant in response to what I posted. We have all heard your views on Satoshipay many times and there is no point in repeating them yet again. I have followed Satoshipay since they were invested in by FFWD and bought into BLU when FFWD sold their Satoshipay shares to BLU. I am not saying you don’t have a number of valid points about the performance of Satoshipay but clearly there is a limit to what you can ascertain from your research.
I am not hanging my hat on Stellar and just because they are continuing to put substantial sums of money into Satoshipay does not mean they are right.
However they are in a far better position to conduct research and due diligence on Satoshipay than you or I are. They have a business relationship which involves using Satoshipay’s product. They work with them to develop that product. They meet and know the Satoshipay team. Based on that knowledge and relationship they continue to invest in the company and its new b2b strategy.
I think Stelllars actions based on personal knowledge carry more weight than your overly negative opinion.

[kernel_pult1] 12/11/2020 10:29

The fact that you see mine and stoxx comments as ‘irrelevant217;, ‘derampingR17; and also not being able to respond to my valid points tells me all I need to know about you.

You don’t appear to be capable of having a balanced discussion on the merits and shortcomings of Satoshipay.

Everything I’ve posted, despite being critical is with good reason and is actually based on fundamentals.

Hanging your hat on the fact stellar have invested to my mind is not a great investing strategy. You should be doing your own research.

Just because stellar have deep pockets doesn’t necessarily mean they are going to be right.


I’ve put my money where my mouth is but so far I’m not right am I?

You should actually be thanking your lucky stars that the likes of me, stoxx, Pete etc are finding these flaws in Satoshipay now, if it were left to some other holders here burying their head in the sand and pretending there aren’t any problems then they would soon be doing a post mortem on the carcass of Satoshipay wondering where they went wrong

[hazl] 12/11/2020 09:47

Indeed doodle.
This one has always had big swings look at the chart.

I think we have been lucky to have stayed above the April low,though I know it doesn't feel like it....and the reason we did so well earlier in the year was because of the Esports excitement.
If you're a trader then you might have sold out there which I expect the others on the traders thread have done.
Everybody has a different style and in my case that can change over the years....a bit of trading and a bit of sitting on some stocks.

Some stocks have just carried on down,we have had a blip is the way I'm looking at it.

You cannot change Meinhart though, he is what he is, and BLU have a rounded portfolio which includes Satoshipay.
Some of these concepts take a while to catch on.
If it's good enough for management of BLU then it's good enough for me.
People have to do their own thing so as ever do your own research.