Blue Star Capital Share Discussion Threads

[doodlebug4] 26/3/2021 09:40

After six months I would hope to hear that the number of business clients has significantly increased, which is not too much to expect since Meinhard claimed that his company had "created a hit product".:-)

[888icb] 26/3/2021 00:35

You have to accept that Satoshipay has had to reinvent itself as Dtransfer and Dtransfer was only launched 6 months ago albeit using the technology developed over a number of years. The December update was promising and we need to see the next one. What exactly do you expect after 6 months?

[doodlebug4] 25/3/2021 17:16

How many more years do you give "potential". Unfortunately, since it is BLU's largest investment, the lack of news and updates are clearly having a negative impact on the share price, and no matter how much BLU's Twitter feed keeps banging on about the "potential" -( there's that word again)- of investments in eSports nothing is going to change here. A very positive RNS about Guild today, for example, and just look at what happened to BLU's share price!

[888icb] 25/3/2021 16:13

In his last proper interview Derek said that he and his venture capital team were providing direct assistance to Satoshipay. Derek is on the case as he should be with our largest investment and the one which has potential for the greatest return.

[blueblood] 25/3/2021 15:24

Derek stop doing the bloody elevator pitch and sort our Satoshipay investment. As major shareholder you need to be pushing for progress!

[888icb] 25/3/2021 13:33

Stripe an online business payments business started in 2010 has just been valued at US$95 Billion. This illustrates the potential in Satoshipay’s market place so Satoshipay could have a nice surprise for us as well.

[ragnarr] 25/3/2021 13:16

Esports revenue is estimated to be £1.5billion by 2023 so quite see why there are some large investors building here

[trentendboy] 25/3/2021 08:43

GLD up ten percent early but this derisks the investment Would not be surprised to see double figures OTC listing news would be massive to top it off

[trentendboy] 25/3/2021 08:20

This is top sponsor and guild up ten percent - could jump even higher as this puts them in big boy league and up with the very best now BLU share price should reflect this also

[oakville] 25/3/2021 07:40

That could make big difference to the Guild bottom line. All helps with the stock valuation.

[blueblood] 25/3/2021 07:31

Guild esports more good news

[oakville] 25/3/2021 07:08

Big sponsorship deal for Guild.

[888icb] 24/3/2021 20:49

I would expect a quarterly report any day now and will form a view based on that rather than tweets. Derek and his team are on the case and I am expecting good progress.

[doodlebug4] 24/3/2021 20:20

Actually,and sadly, I have to agree with comments on the bear thread about Meinhard's latest twitter feed comment. He really needs to get his act together and I wonder how his latest fundraising efforts are going.

[peted81] 24/3/2021 19:19

Did anyone here notice Meinhards stupid "what is hope" message on twitter?

This response, was my version of hope:
"What was hope?

A micropayment product with actual users. Or a B2B product with users.
Maybe even just some regular status updates.
At this point I just hope the deafening silence ends, it's been a long few years wait for @SatoshiPay"


He blocked me, for what I believe are legitimate points to raise with him.


Clearly transparency isn't coming from SatoshiPay, silencing critics is how we end up with rose tinted ramping like the other board. I don't have any faith left here,I've been selling into rises and kept a very small holding for exposure to eSports. Meinhard has just confirmed everything I've ever thought of him.

Good luck to those who preserve

[888icb] 24/3/2021 17:25

Up 8.8% on volume of 11 million. I would hope to see some quarterly updates in the next few days based on when the December updates landed.

[trentendboy] 23/3/2021 11:24

Stella is doing ok but not greatStella will not let DTransfer fail and will keep funding itIt is gaining traction but more research needed on here

[888icb] 23/3/2021 11:20

Interesting to understand more about Dtransfer from their blog yesterday

Are Blockchain B2B Payments Solutions Safe?
Posted by DTransfer on Mar 22, 2021 3:24:43 PM
With any newer financial technology, such as blockchain B2B payments solutions, it’s natural to be cautious about safety and reliability, even when the benefits are huge for the user. Take, for instance, the ATM. While the machine came out in the late 60s, it wasn’t until the 80s that their popularity had truly taken hold.

Blockchain B2B payments solutions: a maturing technology

Blockchain payments can be compared similarly: an innovative financial product that is now reaching maturity and gaining consumer trust, with over 10 years of innovation in the space since the release of Bitcoin. With advances in blockchain and associated technologies, it’s now become clear that this fast and cheap international monetary payments enabler will shape the future of finance, paving the way for blockchain B2B payments for safe and near-instant international business transactions.

Myth: Cryptocurrencies are too volatile for business payments

Different types of cryptocurrencies behave in different ways. While you may see Bitcoin (BTC) or Ethereum (ETH) rise and fall rapidly over the course of an hour or a day, there are also cryptocurrencies that behave the same as a fiat currency.

These are called stablecoins, also known as asset-backed or pegged tokens. So, while BTC will perform like a stock option, a USD-pegged token such as Stellar’s USD Coin (USDC) will behave in the same way as the USD at a 1:1 rate. If you take a look at the USD value of BTC across the course of a day, it will be the same as the USDC rate.

Cryptocurrencies like USDC are backed by real currency reserves and are issued by regulated financial institutions.

Myth: You can’t trust financial apps based on blockchain

If you have used apps like Coinbase, Binance, and Kraken for cryptocurrency trading in your personal life, you may be wary of them as they have the potential to become unavailable when markets spike.

During a price surge in Bitcoin in January 2021, Coinbase users reported that they were unable to log into their accounts, make trades, etc. The company reported that it was due to systems crashing from being overloaded with connections. Considering the platform intends to go public in 2021, it’s unlikely they’d fib about the root cause.

As DeFi (decentralized finance) apps are becoming more mainstream, regulations are increasing, and trust is building across a greater cross-section of the community. In fact, “over the fourth quarter of 2020, Coinbase institutional trading volume grew over 110% to $57 billion, while retail trading volume grew by almost 80%.”

How we do international B2B payments

While the simplest form of blockchain payment is a singular cryptocurrency transfer from one business payment address to another, this isn’t the only way that we can now make transfers.

By using an on-chain market exchange, such as the SDEX, or Stellar Decentralized Exchange, we can exchange one stablecoin for another, at the going market rate. Like traditional fiat exchange houses, exchange rates - for USD-backed coins against ZAR-backed coins for example - will vary. However, as these are pegged to real-world values they will closely follow real-world fiat exchange rates.

As the banks often offer poor exchange rates and often long wait times for cross-border payments, this makes blockchain payments an increasingly attractive option.

Towards a faster, cheaper, more secure payments future

DTransfer is helping to shape the future of business payments, leveraging the mature Stellar blockchain to conduct international transactions smoothly, from one fiat currency to another, via the use of stablecoins.

Join our community of partners to experience the benefits of this near-real-time payments platform.

Topics: Blockchain Technology

[trentendboy] 23/3/2021 09:47

Fair description

[markth126] 22/3/2021 16:08

Do we even know who this mark white? Seems like some kind of gambler from Twitter to me, not a sophisticated investor but what do I know?

[trentendboy] 18/3/2021 07:54

I suspect Wright will keep buying 6 percent is substantial but I suspect he will keep addingAt some point the big seller will be cleared and we can get proper price discoveryMassively under valued

[888icb] 16/3/2021 15:57

Good to see Dtransfer are marketing and your post coincides with a move Up in the share price Up 13.9% on volume of 80 million. Further buying by Mark White is also good for confidence as is the Gild RNS even though GILD share price is not currently responding!