Blue Star Capital Share Discussion Threads

[trader219] 19/7/2022 14:26

You are not Mark White

[ben gibbons] 19/7/2022 14:18

Good..... I'll add more ;-)

[kernel_pult1] 19/7/2022 11:35

Kcowe, stoxx is right I’m afraid

Correct me if I’m wrong but you’re the same
Kcowe who was recently
Questioning my reasoning for being here and telling me
To sell up , just because of my critical opinion of Satoshipays lacklustre performance

Thing is, how can I sell the volume of shares I own when there is such little liquidity - who is going to buy them ?

[stoxx67] 18/7/2022 16:17

kcowe

doesn't need cash to run the business, its an investment company you peasant

it has £269k, for annual admin purposes, to facilitate "keeping the lights on" , laymans terms will help you i suspect.

financial markets are not for you, suggest you return to flipping burgers.

[kcowe] 18/7/2022 16:02

Come back n buy when Blu isvat all times low .12p ...

[kcowe] 18/7/2022 14:32

Only morons bought higher .. no cash to run a business .. ok thats a wise move .

[kcowe] 18/7/2022 13:50

The teens cometh for blu ..

[ben gibbons] 16/7/2022 20:57

Rumour has it snow is cold. Better load up on Valrix then hadn't we ;-)

[jasonpugh] 16/7/2022 12:01

Hi mark white rumour has it you are going to buy substantial amount in valirx.
Good move 👍. Following slater and adam. Definitely double bagger short term with positive momentum upwards from there. DYOR

[stoxx67] 14/7/2022 11:19

no one gives a damn about guild, Lew should have sold it at 8p, but he took chairman role and price collapsed, then couldn't sell due to conflict.

[888icb] 13/7/2022 11:53

Guild now Up 27% on volume of 12 million.

[888icb] 13/7/2022 10:20

Guild having a better day currently number 8 on the Leaderboard Up 11.1%.

[markwhite81] 12/7/2022 21:46

So Satoshipay has added another project in Amber. Don’t think anyone can argue that this does not again add significant value to Satoshipay - So there in adds value to Blu. Yes we need a re valuation of Satoshipay, but I do feel this is pointless until Pendulum goes live, or could perhaps have one after Amplitude goes live. What ever value Amplitude adds to Satoshipay then going on all previous KSM and DOT sister companies going live, Pendulum will add multiples of what Amplitude will. For me tho the Jewel in the crown is Dtransfer - Which will transform cross border payment market, which is set to be a $260 trillion by 2026. An let’s not forget we own 13% of the mighty Dynasty media and gaming. Have a good one all - Much love !

[kernel_pult1] 07/7/2022 20:07

888 can copy paste and ramp satoshipay all he wants but without a real customer base and revenues they arent going to drive up the share price anytime soon, its evident with kusama bid and all the 'hype' (aka lse board creating a storm in a teacup, which yes, turned out to be yet another anticlimax) that the market is more aligned with my realistic & rational thinking... just look at the share price lol its back down in the doldrums. The market doesnt give two hoots about some sweaty kusama bid... or some silly 'positive' and ambiguous statement from the board about how it 'may' have increased in value. We need an actual valuation of Satoshipay, which is hopefully not too far away. Whilst they (Satoshipay) have made some positive moves in the last 12 months (like ousting meinhard the chocolate fireguard) we are still a way off of them actually delivering something of significance (to elevate the share price). 888 will probably cry at my post and call me a deramper. What a little cry baby. Grow up

[kcowe] 07/7/2022 12:35

I stand corrected ....

[888icb] 07/7/2022 12:33

The Chairman doesn’t agree with your negative outlook about cash or anything else as per last weeks RNS:
“ The Board believes that the Company's portfolio has continued to achieve significant operational and financial milestones during the period. Importantly, the Board maintains its confidence in the strong underlying trends across the sectors within which it is invested in and believes in the benefit of the portfolio approach when investing in early-stage companies out ways the inherent risks.

Given the increase in NAV of the overall portfolio since inception, plus sufficient cash reserves, improving liquidity provided by our listed investments and the increasing investor interest in the activities of our portfolio companies, the Board is confident that it is both well-funded and well-positioned to perform strongly in the second half of 2022 and beyond.”

[888icb] 05/7/2022 13:59

The reference in the Vox article to Dtransfer is particularly encouraging as that is where there is most scope to monetise this very quickly:
“ The rapid progress of Pendulum and the Polkadot ecosystem may allow us to accelerate our mission to offer instant cross-border payments on blockchain sooner than expected. We are considering several options to further decentralise the DTransfer service and further announcements will be made in due course. For now, SatoshiPay’s focus is laying the foundations not only for DTransfer, but for the whole industry, with Pendulum."
If Dransfer can gain first mover advantage this is very big news.

[888icb] 05/7/2022 13:47

Vox today:
Blue Star Capital investee company SatoshiPay has announced that Pendulum’s sister blockchain Amplitude has won Kusama parachain auction #42.

Winning the parachain auction allows Amplitude to plug into the Kusama network as a parachain for a 48-week lease period and allows developers to start building and using dApps on Amplitude. To participate in the auction, Amplitude successfully completed a 'crowdloan', with 24,080 Kusama ("KSM") tokens from 604 contributors, worth approximately $1.2m, locked for the duration of the lease period.

The parachain connection will provide users the ability to utilise tokens, for example, for purchases or payment transfers across multiple blockchains providing the “missing link” between fiat and DeFi through a fiat-optimised smart contract blockchain, enabling Fintech and even traditional forex providers to integrate their fiat services with DeFi applications such as specialised forex AMMs, lending protocols and yield farming opportunities.

Alexander Wilke, SatoshiPay's Chief Executive Officer, commented that:?"The Pendulum ecosystem strategy includes key partnerships with fiat anchors and chain bridges and the incubation of projects in the forex automated market makers and money markets space, along with grant programs for wallets and fintech integrations. The rapid progress of Pendulum and the Polkadot ecosystem may allow us to accelerate our mission to offer instant cross-border payments on blockchain sooner than expected. We are considering several options to further decentralise the DTransfer service and further announcements will be made in due course. For now, SatoshiPay’s focus is laying the foundations not only for DTransfer, but for the whole industry, with Pendulum."

Derek Lew, Chairman of Blue Star Capital said that: “It is truly exciting to see the pace and scale of the progress Alex and the SatoshiPay team are making right now.?The latest news around the Pendulum token pre-sale and other recent developments underline why the board remains confident in the future of this business.”

Pendulum is building the missing link between fiat and DeFi through a fiat-optimised smart contract blockchain based on Polkadot’s Substrate, allowing traditional finance fiat services to integrate with DeFi applications such as specialised forex AMMs, lending protocols or yield farming opportunities. Pendulum is developed by SatoshiPay.

Parachain auctions are those held on the Polkadot and Kusama relay chains to determine which blockchain will connect to available parachain slots to support transactions and provide network security. Amplitude, Pendulum’s sister chain on the Kusama network, already obtained a crowdloan and won a parachain auction. To secure its own parachain slot, Pendulum will need to follow the same procedure on Polkadot.

[fairenough11] 04/7/2022 09:39

Good news Re Amplitude.Pity BLU management don't feel the need to highlight the news and it's significance to the market.

If they ain't gonna update on positive news,what the hell do they do?Very poor imo.
Similar at Gild.

No drive at all imo.

Common denominator?

[888icb] 04/7/2022 09:18

How it all links:
“ Amplitude
@amplitude_chain
Follow
Pioneering the internet of fiat. Sister network of
@Pendulum_chain
on Kusama. Developed by
@SatoshiPay”
It’s all going to plan with milestones achieved on time.