driver
- 18 Jul 2017 15:07
Blue Star is an investing company with a focus on technology and its applications within media and gaming. Blue Star’s investments include a 31% holding in
SatoshiPay, a nanopayment Web Tangle software company; a holding in Disruptive Tech Limited, an investing company with five investments including a 38% holding in VNU Group LLC ("VNU") a speciality online direct retailer of premium goods paid for through an instant credit facility and a holding in Nektan PL;and an investment in Sthaler, an early stage identity and payments technology business which enables a consumer to identify themselves and pay using just their finger at retail points of sale.
http://www.bluestarcapital.co.uk/
Satoshipay
https://satoshipay.io/
SatoshiPay | Gallery Suite | Master Investor Show 2017
https://www.youtube.com/watch?v=xv8-Pe74kjI
Q&A with CEO Anthony Fabrizi: SatoshiPay Re-Investment
http://www.directorstalkinterviews.com/blue-star-capital-plc-qa-ceo-anthony-fabrizi-satoshipay-re-investment/412726992
SatoshiPay will be using Tangle software through IOTA (What is IOTA in a Nutshell)
https://www.youtube.com/watch?v=UwEp5cexTJE
IOTA
https://iota.org/
Blue Star Capital Plc SatoshiPay reverse would be great
https://vimeo.com/206378385
TEST SITE
https://satoshipay.tangle.works/
-----------------------------------------------------------------------------------
driver
- 18 Jul 2017 15:10
- 2 of 122
spookie
- 18 Jul 2017 15:23
- 4 of 122
Nice one driver, thank you.
Good brief summary in the header.
The sp showing signs of a little retracement, very healthy and necessary at this point.
Nice quiet thread here, always a good sign.
mentor
- 18 Jul 2017 16:30
- 6 of 122
I had it on the watch list for a while and on last friday I made a chart of she
xxx 14 Jul '17 - 11:20 - 296 of 382
VOLUME AND RISING
kimoldfield
- 18 Jul 2017 16:36
- 7 of 122
Promising!
Thanks for the thread driver.👍
2517GEORGE
- 19 Jul 2017 14:25
- 9 of 122
Well it's not good for holders, I've got in @ 0.4069p good luck all
spookie
- 19 Jul 2017 17:31
- 10 of 122
sp is right on the Fib retracement level
Hopefully will bounce from here.
2517GEORGE
- 20 Jul 2017 16:31
- 12 of 122
Topsy turvy day today, what a recovery
driver
- 21 Jul 2017 20:18
- 13 of 122
driver
- 22 Jul 2017 16:26
- 14 of 122
driver
- 23 Jul 2017 20:50
- 15 of 122
Todays Blockchain Headlines - SatoshiPay using IOTA
https://www.youtube.com/watch?v=N-2MA9skCTs
spookie
- 23 Jul 2017 21:39
- 16 of 122
Thank you driver for these links.
Nearly 200 posts on the advfn BLU thread over the weekend and 99% of them are rubbish.
Waste of time reading advfn, any good posts are lost in amongst all the trash.
spookie
- 24 Jul 2017 09:39
- 18 of 122
Lol
I'm waiting for a multi bag as well
Give it 3 to 6 months
spookie
- 25 Jul 2017 14:11
- 19 of 122
Chart still looking good
sp bouncing back from any retracements
spookie
- 27 Jul 2017 16:54
- 21 of 122
rns out this pm SCC building a stake
looking strong into the close
needs to get through the next resistance level at 0.41 then 0.5 beckons
driver
- 27 Jul 2017 21:41
- 22 of 122
Spook
Cheers nearly missed that one.
Holding(s) in Company
http://www.moneyam.com/action/news/showArticle?id=5604429
spookie
- 31 Jul 2017 14:13
- 24 of 122
RNS out this morning
Highland Fund Managers bought in
same company bought into ASOS when it was in its infancy
enough said!
black bird
- 01 Aug 2017 10:48
- 25 of 122
far to many shares you will never see an E P S what are you buying not profits
nav 5p ? i would to buy @ 25p BB
spookie
- 01 Aug 2017 22:22
- 26 of 122
Can't make any sense of that post BB
Good for you if you're prepared to buy @ 25p
Might have to wait a few years for that
deltazero
- 03 Aug 2017 09:21
- 27 of 122
onward and upwards
HARRYCAT
- 03 Aug 2017 09:54
- 28 of 122
Really? There is an 8% spread!
mentor
- 03 Aug 2017 13:07
- 29 of 122
Is doing 1 up 2 down at the moment
Retracement is the name of the game
spookie
- 03 Aug 2017 21:10
- 30 of 122
Chart lows keep bouncing back from higher lows
Sellers are being mopped up by the buyers
News out anytime soon about the PoC
Try joining the dots together
No brainer
deltazero
- 04 Aug 2017 09:23
- 31 of 122
there is a lot of background buying which is not obvious to some - remember for every seller there is a buyer - this will keep marching north at its own pace and news is around the corner - or don't you give an iota? :-D
LOL!
dust the cobwebs of your wallet ;
gla
mentor
- 09 Aug 2017 11:40
- 32 of 122
Small Caps Request Show: - By Zak Mir - August 9, 2017, 10:49 am
Blu Star Capital (BLU):
I have been told all kinds of rocket science things about Blu Star Capital, which at least explains why there has been a buzz around the stock,
and why there has been a decent breakout on the daily chart. The fundamental sound byte is that Blu Star Capital’s stake in Satoshipay is 31%,
and Satoshipay has a collaboration with both Visa, Paypal and Iota. Apparently the crypto community – mostly strange people even at the
best of times, is starting to appreciate the area Blu Star is involved in.
As far as the technical position here is concerned, it can be seen how there has been progress within a rising trend channel which can be
drawn in on the daily chart from as long ago as May. The floor of the channel runs through 0.32p. While above this zone one would be
looking for a 3 months target as high as 0.6p.
black bird
- 09 Aug 2017 12:57
- 33 of 122
correction to post 1/8/17 approx nav .0025 would buy @ .0025 BB
driver
- 13 Aug 2017 21:13
- 34 of 122
Switched off for two weeks while on hols I'm internet refreshed.
Interview with Meinhard Benn of SatoshiPay.
https://www.youtube.com/watch?v=fPOFoyR-Xug
driver
- 20 Aug 2017 20:44
- 37 of 122
driver
- 20 Aug 2017 20:47
- 38 of 122
kimoldfield
- 31 Aug 2017 15:32
- 39 of 122
skyhigh
- 31 Aug 2017 19:37
- 41 of 122
topped up this morning before the news. Patience required here but I'm sure we'll be rewarded nicely in the fullness of time..imho etc.,
driver
- 16 Oct 2017 15:18
- 42 of 122
RNS out.
Tony Fabrizi, CEO of Blue Star commented:
"We are pleased to see launch of this test website which demonstrates SatoshiPay's business model and which enables website publishers a working platform to see the ease with which they could monetise their content whilst allowing consumers to view paid-for content at the click of a button."
Meinhard Benn, CEO of SatoshiPay commented:
"The release of the proof-of concept with IOTA is an exciting step forward. When combined with the rapid pace at which blockchain technology is evolving, for example with unique distributed ledgers like IOTA's Tangle, the scale and efficiency with which SatoshiPay's business model can be rolled out is significantly improved."
http://www.moneyam.com/action/news/showArticle?id=5704205
TEST SITE In the header..
https://satoshipay.tangle.works/
driver
- 16 Oct 2017 15:34
- 43 of 122
driver
- 12 Nov 2017 12:40
- 45 of 122
SatoshiPay partners with Stellar.org
We are happy to announce our partnership with the Stellar Development Foundation (SDF). Starting with our next major release, we will use Stellar as the underlying cryptocurrency ledger of our nanopayment system. Stellar.org will generously credit each of our users 500 lumens. Yay!
A few months ago it became evident that Bitcoin’s original vision of a peer-to-peer electronic cash system is no longer viable for everyday transactions. Due to its wild success, stalling scalability measures and the subsequent network congestions, minimum amounts that can be sent over the Bitcoin network and transaction fees rose from under a cent to several EUR/USD per transaction. For SatoshiPay this meant we could no longer wait for Bitcoin to scale, but needed to look for a new blockchain or distributed ledger to migrate our nanopayment system to.
We looked at different options that are suitable for micropayments at our expected scale, did thorough due diligence and tested extensively for current production readiness — and concluded to make Stellar our default ledger.
Jed McCaleb, cofounder of Stellar.org on our decision and joint vision:
“We’re excited that SatoshiPay has selected Stellar as its primary ledger technology and look forward to inviting SatoshiPay users to the Stellar community. Cryptocurrencies and blockchain technology are facilitating open innovation and revolutionizing the payments space, and we’re thrilled to be working with SatoshiPay to help lead the way by making micropayments much faster and less costly than ever before.”
Berlin, 10 Nov: Boris of Stellar (middle) with SatoshiPay team
The Stellar advantage
As a ledger that does not use resource-intensive proof-of-work calculations to secure transactions, Stellar offers extremely low fees (currently around 0.00003 cents per operation) and fast settlements (around 5s to final confirmation). Apart from these performance benefits, we found Stellar to be very developer friendly and stable. Everything is well documented, works as expected and the software ecosystem is mature.
Stellar also sports native asset token support, distributed exchange features and allows transactions to be routed through different currencies. On top of that there is a sophisticated multi-signature account architecture, time locks and batched operations — which enable simple smart contracts. This is ideal for our needs, and thanks to Stellar’s own version of the “Keep it simple, stupid” principle, it’s all easy to plug together.
Because in Stellar there is no mining or other verification work that might consume plenty of energy, server infrastructure to run the network is minimal and in terms of CO2 footprint it can be considered very environmentally friendly, especially when compared to proof-of-work based blockchains like Bitcoin or Ethereum.
We feel that apart from the solid technical advantages, SDF is without doubt also a very powerful and well connected business partner: Founded in 2014, Stellar.org is headquartered in San Francisco and received initial funding by the credit card payment processor Stripe. IBM recently announced to use Stellar in their blockchain banking platform. Stellar’s cryptocurrency Lumen currently has a market cap of €480m.
How SatoshiPay uses Stellar
Starting in 2018, all of our cryptocurrency transactions will be made via the Stellar network. Initially we will use Stellar’s native currency Lumen to transact funds, but together with partners we are currently exploring the future use of other, less volatile asset tokens on the Stellar network.
In Bitcoin we used micropayment channels to save transaction fees and to speed up payments. Channels delayed payouts to publishers to up to a week. Because all Stellar transactions are final within seconds and cost next to nothing, we no longer need payment channels and will for the first time be able to settle all transactions in real-time and directly on the distributed ledger. This means now a publisher will irreversibly receive funds to their Stellar account within seconds after a consumer pays for content — true peer-to-peer nanopayments.
We will continue to generate the private keys that control consumer funds on the consumer’s device and never submit them to our servers, meaning we never directly control consumer funds, but merely act as a transaction broker. This also means that consumers still don’t need to create a login with us — one barrier to adoption less.
500 free lumens for each SatoshiPay user
Part of SDF’s mission is to support the growth of the Stellar network and the ecosystem around it. SDF has therefore generously pledged to credit each of our users 500 lumens when creating a wallet through us. Lumens (short “XLM”) are the native currency of the Stellar network and 500 XLM are worth around €14 at time of writing.
SDF has agreed to grant these free lumens to our first 100,000 users, with an option to extend the program to more users later. Correct, at current XLM exchange rate this is over €1m in free credit to SatoshiPay users, and some guaranteed income for our publishers through content payments resulting from that. This is absolutely HUGE!
Multiple ledger support
I met Anthony Barker, CTO of TEMPO at a conference in Odessa earlier this year and spoke to him about their blockchain-based remittance service. When I asked him what ledger they use, I was surprised to find out that they decide on a ledger depending on the economics involved for each remittance corridor. I understand that they use Stellar, but also Bitcoin and even legacy payment networks in some cases — whatever is the best tool for the job. This makes perfect sense from a business point of view, but is not a common approach in the blockchain world. It was an inspiring conversation.
Back in Berlin, our team was already working hard on replacing Bitcoin in our backend, and while planning the software architecture for a switch to a new ledger technology, it became evident that hardwiring a new cryptocurrency to our updated system would be a little short-sighted. Instead, we started abstracting all cryptocurrency ledger operations–like wallet creation, balance queries and payments–into a layer between our business logic and the underlying ledger. Using this layered approach, the switch from one default ledger to another will become relatively easy and we are not locked into a specific ledger or blockchain.
Multiple ledger support will also allow us to use different ledgers depending on the requirements of large corporate clients or industry verticals of our nanopayment settlement platform. This is where our long-term partnership with IOTA comes in. While we didn’t pick IOTA as the default ledger for our web content payment product, we will continue to evaluate IOTA for upcoming products, for example for white-label solutions or in the Internet of things sector.
New SatoshiPay platform
What does this mean for SatoshiPay?
We are glad to have the Stellar network as a reliable ledger and the SDF as a strong partner in bringing us forward. After being busy implementing a new ledger technology, we can soon fully focus on our core business and work on user experience improvements to bring nanopayments to the masses. We feel well equipped for a year of strong growth in 2018.
December (re)launch
We are currently working very hard on making our product ready for a mainstream launch in December 2017. Apart from Stellar as our default ledger technology, more payment methods will be available for top-up, we will introduce a streamlined user interface and have exciting content partnerships to announce.
To celebrate our launch we will organise events on 7 December in Berlin and 12 December in London. We will release more details about these events shortly! Follow us on Twitter to stay up-to-date.
Meinhard Benn, CEO at SatoshiPay
driver
- 13 Nov 2017 11:31
- 47 of 122
kimoldfield
- 13 Nov 2017 12:59
- 49 of 122
Looking promising.
driver
- 16 Nov 2017 14:54
- 51 of 122
driver
- 29 Nov 2017 21:17
- 52 of 122
HARRYCAT
- 01 Dec 2017 10:15
- 54 of 122
StockMarketWire.com
Blue Star Capital has subscribed for €200,000 of convertible loan notes issued by its investee company SatoshiPay.
Blue Star has an existing 31% equity interest in SatoshiPay.
The LNs have been subscribed for by Blue Star at nominal value (€200,000 in aggregate) and are redeemable in cash on 31 Dec 2018 together with interest accrued at a rate of 4% per annum.
Alternatively, Blue Star may elect to redeem the LNs early in full upon completion by SatoshiPay of a fundraising in excess of €750,000 or in the event of certain circumstances including SatoshiPay being in financial distress.
Blue Star may also convert the outstanding LN into fully paid ordinary shares in SatoshiPay in the event that:
- SatoshiPay completes a fundraising of at least €750,000; or
- in the event of a change of control of SatoshiPay; or
- at any time after 30 Jun 2018
In the event of conversion of the LN into SatoshiPay shares, the outstanding LNs would be converted at a 15% discount to the valuation of the relevant equity fundraise undertaken by SatoshiPay on or prior to the date of conversion or the valuation of SatoshiPay at the time of a change of control of SatoshiPay.
Blue Star said that for illustrative purposes, conversion at a 15% discount to the valuation of SatoshiPay of approximately €6 million (being the valuation at the time of SatoshiPay's fundraise in January 2017) would result in Blue Star increasing its holding in SatoshiPay by approximately 3.8%.
SatoshiPay intends to use the proceeds of the LN for working capital purposes as SatoshiPay seeks to commercialise its technology.
driver
- 02 Dec 2017 15:33
- 56 of 122
Some of the questions from yesterdays Ask Me Anything session..with Meinhard
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! :)
permalinkembedsavereportreply
[–]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.
permalinkembedsaveparentreportreply
[–]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.
permalinkembedsaveparentreportreply
[–]loftgroovv 1 point an hour ago
Thanks for answering - sounds very encouraging. Best of luck!
---------------------------------------------------------------------------------------------------------------
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.
permalinkembedsavereportreply
[–]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.
--------------------------------------------------------------------------------------------------------------------
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?
permalinkembedsavereportreply
[–]meinharrd 5 points an hour ago
I will address the Visa comments in a second.
permalinkembedsaveparentreportreply
[–]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! :)
permalinkembedsaveparentreportreply
[–]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!
permalinkembedsaveparentreportreply
-----------------------------------------------------------------------------------------------------------------------
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
permalinkembedsavereportreply
[–]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.
---------------------------------------------------------------------------------------------------------------------
Thank you for doing this AMA, my question is; why Stellar and not any other coin?
permalinkembedsavereportreply
[–]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 helpfuLL
-------------------------------------------------------------------------------------------------------------------------
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?
permalinkembedsavereportreply
[–]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
---------------------------------------------------------------------------------------------------------------------------------
For everyone asking about Visa - there is a 'Visa - coming soon' option under Payment Methods in the SatoshiPay widget
hxxps://satoshipay.io/
permalinkembedsavereportreply
[–]PipingHotGravy 1 point 58 minutes ago
Here's a screen grab showing this.
permalinkembedsaveparentreportreply
[–]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? ;)
--------------------------------------------------------------------------------------------------------------------------
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
(meinhard) "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."
-------------------------------------------------------------------------------------------------------------------------------
Chris Carson
- 04 Dec 2017 13:51
- 57 of 122
HARRYCAT
- 05 Dec 2017 09:41
- 58 of 122
Up 20% this morning!
2517GEORGE
- 06 Dec 2017 12:31
- 63 of 122
Oh! No you're not.--------------well it is the season. Thanks for your posts driver, I confess I know less than nothing about BLU and it's fair to say I only put several £100's into it and i'm up 50% or so.
driver
- 06 Dec 2017 13:38
- 65 of 122
Chris Carson
- 06 Dec 2017 14:26
- 66 of 122
I've only got fifty quids worth including charges (10,030) @0.40p bought last Wed 29th driver. Last of the big spenders. It does look promising. Am a complete newbie trading penny shares so reluctant to put the house on any of them. Ditto LION, MORSE and VRS. :0)
driver
- 06 Dec 2017 14:28
- 68 of 122
SatoshiPay Launch Presentation in collaboration with TheBlockchainConnector
The Blockchain Connector
Tuesday, December 12, 2017 from 7:00 PM to 10:00 PM (GMT)
London, United Kingdom
https://www.eventbrite.com/e/satoshipay-launch-presentation-in-collaboration-with-theblockchainconnector-tickets-41042520283
Chris Carson
- 06 Dec 2017 14:35
- 69 of 122
Indeed driver cheers, good luck for tomorrow.
2517GEORGE
- 06 Dec 2017 14:41
- 70 of 122
Well done Chris I bought BLU in mid July @ 0.4070 ave price, let's hope we enjoy the ride.
Not in LION or MORSE but having a great time being in VRS which I think is going to do really well even beyond the meteoric rise we've seen.
Chris Carson
- 06 Dec 2017 14:44
- 71 of 122
Aye, fingers crossed George.
kimoldfield
- 06 Dec 2017 15:47
- 72 of 122
Time to hang on!
kimoldfield
- 06 Dec 2017 16:15
- 74 of 122
Just closed MSG for a small profit, I have my eye on VELA Driver!
kimoldfield
- 06 Dec 2017 17:50
- 76 of 122
Thanks Driver. Early days for the revamped MSG but it has the potential to do well.
deltazero
- 07 Dec 2017 09:57
- 77 of 122
time to buy more imo................................
By John Gabriel, Cryptonews (Oracle Times)
December 7, 2017
If the stock market was the perfect arbiter of value, then anomalies such as Blue Star Capital (LON:BLU) just wouldn’t occur.
The reality is, the stock market is often wrong, and sometimes very wrong. The reasons can be many. But human psychology and poorly informed participants are often the causes.
This is not always a bad thing as it creates substantial opportunities for the savvy investor – who rushes in to snap up decent companies that are grossly mispriced (when the company’s share price does not match the value of the underlying business…) by the market.
And right now, there exists a disruptive tech investment company that is grossly mispriced on AIM; Blue Star Capital.
At 0.65p, London-listed company is worth £12.2million. By any measure, this is stunningly cheap when you look at the company’s asset portfolio.
The jewel in Blue Star’s crown has to be its 31% stake in the privately held SatoshiPay Ltd, a nanopayment software and blockchain company which is adapting Lumens, Stellar Lumens (XLM) native cryptocurrency, as the underlying cryptocurrency for their settlement scheme.
SatoshiPay had been using Bitcoin since they launched in 2015, and when Bitcoin’s fees used to be negligible. Not anymore. Bitcoin’s transaction costs are just too high (at $8.2…) and the technology is outdated, whilst Lumens’ transaction costs sits pretty at $0.0000002 with a nifty tech platform. In addition, Bitcoin’s scaling problems have also made it unsuitable as a peer-to-peer electronic cash system for everyday transactions.
Lumens, on the other hand, is streaks ahead of the cryptocurrency pack:
• In May 2017, XLM invaded the top 10 cryptocurrencies with a 131% increase in value.
• In June 2017, Stellar opened up another 16 billion new XLM on the market as part of its second distribution in addition to the 9.5 billion that already existed.
• In September 2017, an email alert by the well-respected cryptocurrency newsletter group, Palm Beach Confidential, provided an unprecedented bullish signal on XLM. That subsequently triggered huge buying volume from cryptocurrency whales.
• On October 16 2017, IBM announced that it had established a partnership with Stellar to facilitate a revolutionary payments process. The news was so significant that it pushed XLM’s price up 100%+ in a single day. Already in use across 12 currency corridors among several Pacific Island nations and Australia, NZ and the UK, the intention is for further expansion in Q1-Q2 2018. Stellar’s technology is not only impro
deltazero
- 07 Dec 2017 10:21
- 78 of 122
rest...........................
FLYING UNDER THE RADAR OF BLOCKCHAIN VALUE INVESTORS
By John Gabriel, Cryptonews (Oracle Times)
December 7, 2017
If the stock market was the perfect arbiter of value, then anomalies such as Blue Star Capital (LON:BLU) just wouldn’t occur.
The reality is, the stock market is often wrong, and sometimes very wrong. The reasons can be many. But human psychology and poorly informed participants are often the causes.
This is not always a bad thing as it creates substantial opportunities for the savvy investor – who rushes in to snap up decent companies that are grossly mispriced (when the company’s share price does not match the value of the underlying business…) by the market.
And right now, there exists a disruptive tech investment company that is grossly mispriced on AIM; Blue Star Capital.
At 0.65p, London-listed company is worth £12.2million. By any measure, this is stunningly cheap when you look at the company’s asset portfolio.
The jewel in Blue Star’s crown has to be its 31% stake in the privately held SatoshiPay Ltd, a nanopayment software and blockchain company which is adapting Lumens, Stellar Lumens (XLM) native cryptocurrency, as the underlying cryptocurrency for their settlement scheme.
SatoshiPay had been using Bitcoin since they launched in 2015, and when Bitcoin’s fees used to be negligible. Not anymore. Bitcoin’s transaction costs are just too high (at $8.2…) and the technology is outdated, whilst Lumens’ transaction costs sits pretty at $0.0000002 with a nifty tech platform. In addition, Bitcoin’s scaling problems have also made it unsuitable as a peer-to-peer electronic cash system for everyday transactions.
Lumens, on the other hand, is streaks ahead of the cryptocurrency pack:
• In May 2017, XLM invaded the top 10 cryptocurrencies with a 131% increase in value.
• In June 2017, Stellar opened up another 16 billion new XLM on the market as part of its second distribution in addition to the 9.5 billion that already existed.
• In September 2017, an email alert by the well-respected cryptocurrency newsletter group, Palm Beach Confidential, provided an unprecedented bullish signal on XLM. That subsequently triggered huge buying volume from cryptocurrency whales.
• On October 16 2017, IBM announced that it had established a partnership with Stellar to facilitate a revolutionary payments process. The news was so significant that it pushed XLM’s price up 100%+ in a single day. Already in use across 12 currency corridors among several Pacific Island nations and Australia, NZ and the UK, the intention is for further expansion in Q1-Q2 2018. Stellar’s technology is not only improving existing payment solutions in developed countries but also opening up unbanked regions to the global financial system. Real-time payment will soon be facilitated in over 110 countries with central bank involvement.
On November 11 2017, SatoshiPay announced its partnership with Stellar citing its reasons for abandoning Bitcoin. The latter was no longer viable for everyday transactions due to scalability and minimum amounts, with transaction fees being exorbitantly high. Significantly, Bitcoin was abandoned, and Stellar Lumens was chosen as its replacement out of a whole host of possible cryptocurrencies.
• On November 28 2017, Stellar Lumens made history by joining the $1 billion market cap club, which only a select number of cryptocurrencies have done.
• On November 29 2017, Stellar Lumens reached $0.10 for the first time – a significant psychological trading level that paves the way for growth to expand beyond $0.01 increments to $0.10 increments.
• On December 1 2017, it was announced that IBM added 8 new validators (i.e. Stellar anchors) in 8 different countries to the Stellar network – Australia, Brazil, Canada, Norway, Italy, Hong Kong, India, United Kingdom.
Put simply, the growth trajectory of Stellar has been impressive to date and in our opinion, hasn’t received as much attention as it truly deserves as a sensible blockchain solution that is widely accessible and inoffensive to present-day banking practices unlike Bitcoin. On this point, it is severely undervalued. Cryptocurrency whales know this and they are stocking up fast every day.
And because of this, SatoshiPay’s value and attractiveness (as the only bona fide nanopayments platform in the world) to consumers and commercial institutions is set to go stratospheric.
In fact, only yesterday, Dan Strumpf of the Wall Street Journal was reported as positioning SatoshiPay’s founders Meinhard Benn, Henning Peters, and Kilian Thalhammer as the first European blockchain tycoons, and as the value of the company is set to explode in 2018 with rumours of a NASDAQ listing in Q2 2018.
And to give you an idea of the company’s undervaluation, Strumpf placed a tentative valuation of SatoshiPay at circa $193m just on the Lumens adoption alone. “The potential of the platform, thereafter,” he barked, “is utterly obscene; possibly running into the $500m threshold on first material revenues.”
Thus, the point is very simple. If we ignore everything else about Blue Star and just look at its SatoshiPay holding, this company is fundamentally undervalued on a grand scale. BUY.
deltazero
- 07 Dec 2017 11:38
- 80 of 122
cheers driver and you are welcome - I still believe the upside here is under estimated and will end in double digit pence in the not too distant - short term several bags from current level imo
atb
Chris Carson
- 07 Dec 2017 12:46
- 81 of 122
driver
- 07 Dec 2017 20:14
- 82 of 122
driver
- 09 Dec 2017 14:53
- 83 of 122
Looks like the real launch is next week and the free first 100k users being given 50 Lummers is Jan 2018.
SatoshiPay Launch Presentation in collaboration with TheBlockchainConnector
The Blockchain Connector
Tuesday, December 12, 2017 from 7:00 PM to 10:00 PM (GMT)
London, United Kingdom
https://www.eventbrite.com/e/satoshipay-launch-presentation-in-collaboration-with-theblockchainconnector-tickets-41042520283
driver
- 11 Dec 2017 14:04
- 84 of 122
Improved service and offerings and partnerships
hxxps://medium.com/@SatoshiPay/satoshipay-launches-stellar-integration-and-six-new-partnerships-1ce6c74059b6
SatoshiPay launches Stellar integration and six new partnerships
After months of hard work we are glad to announce that we are live with a massively updated product. We switched from Bitcoin to Stellar, partnered with TEMPO for fiat payouts, won IBTimes and other content partners, and… finally accept credit cards through TransactWorld!
Stellar for the win
Completed only a month after announcing our partnership with Stellar.org, our integration with the Stellar network is now live. You can try it out at any of our content partners’ websites – for example Naftali Music or BTC Echo. Simply open our widget (it’s now blue by the way) in the bottom right of the page, select “Top Up” and add credit using PayPal or directly from your Stellar wallet. Your lumens will arrive to your browser within seconds and you can pay for content straight away.
SatoshiPay on Stellar in action: from consumer to publisher in 5 seconds
In the past we used payment channels, which are simple smart contracts that lock funds for a period of time to save transaction fees and gain speed. Because of Stellar’s unique properties of negligible transaction fees of €0.000001 and settlement times of 5s in average, we no longer need payment channels and each payment arrives at the publisher’s wallet straight away – true peer-to-peer payments.
We also found a way to emulate unconfirmed transactions on Stellar, which allows for content to be loaded milliseconds after clicking “Pay” instead of 5 seconds later when the payment is confirmed by the network. This is a crucial gain of speed in user experience and we plan to submit our approach as a Stellar protocol improvement.
WordPress plugin update
Our WordPress plugin is an easy way for publishers to try out our technology, and it represents the reference implementation for our Goods API. Due to the switch to Stellar, a couple of things changed in our API, so we have updated our plugin and v0.9 is now available for download at WordPress. Make sure to upgrade to be able to set content prices in lumen. The update will also convert existing satoshi prices into lumen prices.
TEMPO Money Transfer as Euro gateway
Most of our future publishers won’t know or fully understand cryptocurrencies, and they shouldn’t have to. This is why we partnered with TEMPO, a French money transfer company with a banking license, to allow publishers to be paid out via bank transfer.
TEMPO also issues a Euro token called EURT on the Stellar network. It allows to transfer asset tokens that will always be pegged to the Euro, and not fluctuate due to cryptocurrency exchange rates. We are currently exploring how we can us
driver
- 11 Dec 2017 17:55
- 85 of 122
driver
- 13 Dec 2017 17:47
- 87 of 122
driver
- 06 Jan 2018 15:49
- 89 of 122
deltazero
- 09 Jan 2018 19:14
- 90 of 122
interesting day ahead tomorrow..................
Balerboy
- 17 Jan 2018 15:29
- 94 of 122
Ummm you said it was on the rise 7 days ago.......
deltazero
- 26 Jan 2018 22:23
- 95 of 122
bounce overdue plus fantastic news https://dashboard.stellar.org/
kimoldfield
- 28 Jan 2018 20:44
- 96 of 122
Haven't got a clue what is going on but it certainly looks busy and interesting Driver!😃
driver
- 28 Jan 2018 23:30
- 97 of 122
Kim the sp isn’t busy going up, we will just have to hold on. Stella is doing very well though it has moved up in the charts.
Stellar Price Prediction 2018: Consider XLM, the Possible “Ripple Killer”
https://www.profitconfidential.com/cryptocurrency/stellar-lumens/xlm-price-prediction-2018-ripple-killer/
HARRYCAT
- 01 Mar 2018 14:59
- 98 of 122
Final Results for the year ended 30 September 2017
Blue Star Capital plc (AIM: BLU) is pleased to announce its final results for the year ended 30 September 2017.
Highlights:
· Net assets of £3,513,262 (2016: £1,757,165)
· Loss for the period of £188,713 (2016: loss of £165,005)
· Acquired a 31% shareholding in SatoshiPay Ltd, a blockchain business focused on nanopayments
· Cash position at 30 September 2017 of £37,970 (2016: 51,184)
· The Company raised £500,000 before expenses through a further issue of equity shortly after the year end
The Annual Report and notice of Annual General Meeting ("AGM") will be posted to shareholders shortly and will be available to view on the Company's website http://www.bluestarcapital.co.uk.
The AGM will be held at the offices of Cairn Financial Advisers LLP, Cheyne House, Crown Court, 62-63 Cheapside, London, EC2V 6AX on 26 March 2018 at 12.00 p.m.
Tony Fabrizi Chief Executive Officer of Blue Star Capital plc, commented:
"The last year has seen the Company make considerable progress with the acquisition of a sizeable shareholding in SatoshiPay. The Board is confident that SatoshiPay has the potential to deliver significant value for Blue Star shareholders and it looks forward to working with SatoshiPay's management in unlocking that value."
HARRYCAT
- 16 Apr 2018 10:04
- 99 of 122
Update on SatoshiPay
Blue Star Capital plc (AIM: BLU), the investing company with a focus on technology and its applications within media and gaming, notes an update made on 4 April 2018 by its investee company, SatoshiPay Ltd ("SatoshiPay").
On the 13 November 2017, it was announced that the Stellar Development Foundation ("SDF") had pledged to credit the first 100,000 users creating a wallet through SatoshiPay with 500 lumens each (XLM). Due to the feedback SatoshiPay has received from various publishers and partners, coupled with the price fluctuations of XLM, it has now been agreed with the SDF that the giveaway be amended from 500 XLM distributed to 100,000 users, to 50 XLM distributed to 1,000,000 users.
In order to maximise the impact of the giveaway, the decision has been made to roll out the programme in incremental stages, called "waves". Wave 1 which commenced on 4 April 2018 at 4:44pm CET, will result in 50 XLM being granted to a total of 4,444 users on a first come first served basis, representing a total of 222,200 XLM. SatoshiPay believe that this issuance of XLM will help kick-start the SatoshiPay ecosystem. The XLM granted can be used on any SatoshiPay enabled website.
Additionally, the Company notes that SatoshiPay now aims to implement use of a Euro-pegged token (EURT token) for top-ups, pricing and payments in order to mitigate the impact of XLM price volatility. Once completed, SatoshiPay believes it will be the first company to use a stable blockchain token in a consumer product.
Finally, the Company is also pleased to learn that SatoshiPay is working on extending its API and preparing software development kits for mobile app developers, making it possible for third party developers to build on top of SatoshiPay's payment infrastructure.
The Company sees this first wave as an important milestone for its investee company, and believes it will assist in both growing the user base and raising the profile of SatoshiPay.
spookie
- 22 May 2018 11:44
- 100 of 122
SatoshiPay Retweeted
DirectorsTalk
@DirectorsTalk
2h2 hours ago
More
Blue Star Capital plc's SatoshiPay partners with TheRegister to pilot a cryptocurrency micropayments trial - http://bit.ly/2IEIKvt - #BLU
spookie
- 22 May 2018 11:45
- 101 of 122
SatoshiPay
@SatoshiPay
25m25 minutes ago
More
SatoshiPay in crypto payment trial with The Register http://www.businesscloud.co.uk/news/satoshipay-in-crypto-partnership-with-the-register … via @BClouduk
HARRYCAT
- 07 Jun 2018 09:41
- 102 of 122
Investment update on Sthaler
Blue Star is pleased to announce that one of its investee companies Sthaler Limited ("Sthaler") has successfully raised GBP2 million at a pre-new money valuation of GBP30 million. This represents a significant uplift to the value attributed to Sthaler of GBP23million at its previous fundraise of GBP3 million in July 2017.
Blue Star invested GBP50,000 into Sthaler in June 2015 as part of a total raise by Sthaler of GBP450,000 with a post money valuation at that time of GBP3.4 million. This latest round of investment in Sthaler values the Company's stake of 0.9 per cent. at GBP300,000.
Sthaler is an early stage identity and payments technology business which enables a consumer to identify themselves and pay using just their finger at retail points of sale. Sthaler jointly developed Fingopay in conjunction with Hitachi, using VeinID technology. Infrared light maps the unique vein pattern in a customer's finger. This biometric signature is matched to a template held in the cloud and verifies the payment in seconds. It is considered more secure than other biometrics such as fingerprint.
Over the last 18 months, Sthaler has been piloting Fingopay. Now thousands of students at Copenhagen Business School can use Fingopay in their campus canteen. This world first at a self-service kiosk is an excellent example of how the technology can be used. Sthaler worked with Denmark's national debit card operators Nets / Dankort to deliver the technology.
spookie
- 11 Jul 2018 13:27
- 103 of 122
Nick Slater building a sizeable holding here
HARRYCAT
- 11 Jul 2018 13:34
- 104 of 122
Shame it hasn't helped the sp much!
spookie
- 11 Jul 2018 14:10
- 105 of 122
smart investor building a holding before the sp starts moving up again.
i wonder what his average buying price is.
spookie
- 18 Jul 2018 11:03
- 106 of 122
nice bowl forming on the chart
spookie
- 18 Jul 2018 11:05
- 107 of 122
spookie
- 25 Jul 2018 19:29
- 108 of 122
heads up from SatoshiPay on their Twitter account tonight says BIG news is coming
nice of them to give us the chance to load up now before we know what the biggie is
cheers guys
spookie
- 26 Jul 2018 14:30
- 109 of 122
https://medium.com/@SatoshiPay/satoshipay-getting-ready-for-ipo-in-london-ca5a5a7c681
HARRYCAT
- 26 Jul 2018 17:11
- 110 of 122
TEMPORARY SUSPENSION OF TRADING ON AIM
BLUE STAR CAPITAL PLC
Trading on AIM for the under-mentioned securities has been temporarily suspended from 26/07/2018 7:30am, pending an announcement and publication of an admission document.
driver
- 27 Jul 2018 20:27
- 111 of 122
driver
- 27 Jul 2018 20:28
- 112 of 122
Partner of Stellar Lumens, SatoshiPay takes ‘giant leap’ to go public on London Stock Exchange
https://bcfocus.com/news/stellar-satoshipay-london-stock-exchange/19629/
driver
- 29 Jul 2018 19:14
- 113 of 122
“Reverse Takeover” by Blue Star Capital plc
SatoshiPay has signed an agreement with Blue Star Capital (BSC), an AIM listed investing company (Symbol: LON:BLU), which grants BSC exclusivity over an all-share acquisition of SatoshiPay until October 2018 (see BSC announcement). If completed, this acquisition would result in a so-called reverse takeover (RTO) of SatoshiPay by BSC.
An RTO is a type of merger that private companies engage in to become publicly traded without going through an initial public offering (IPO). The public company (in this case BSC) acquires the entire issued share capital of the private company (SatoshiPay) using BSC shares, whilst simultaneously undertaking a fundraise. Once completed, the private company has effectively become a publicly traded company.
Ever since BSC first invested in us in 2017, we considered the advantages of a potential RTO to get us listed. BSC currently owns 30.1% of SatoshiPay’s shares and is very familiar with our company, which makes them an ideal partner to bring us to market.
As of this morning, BSC’s shares are temporarily suspended from trading on AIM, and will only become available for trading again following publication of an Admission Document (AIM terminology for prospectus) in relation to the enlarged group, or in the event that negotiations in respect of the RTO are terminated.
Tony Fabrizi, CEO of Blue Star Capital: “Since making our initial investment in SatoshiPay we have been impressed by the progress made by the business and are therefore delighted to be working with SatoshiPay’s management team on their proposed listing. We believe an RTO is an excellent outcome both for SatoshiPay and for Blue Star Capital’s shareholders.”
https://medium.com/@SatoshiPay/satoshipay-getting-ready-for-ipo-in-london-ca5a5a7c681
HARRYCAT
- 25 Oct 2018 10:40
- 114 of 122
StockMarketWire.com
Technology company investor Blue Star Capital said it had extended an exclusivity period regarding an agreement to acquire SatoshiPay.
The exclusivity period, which expires on 31 October, has been extended until 31 December, the company said.
2517GEORGE
- 25 Oct 2018 10:51
- 115 of 122
Not sure whether that is good news or bad.
HARRYCAT
- 25 Oct 2018 11:02
- 116 of 122
We are just spectators now George. Not much we can do about it either way.
This was always a speculative punt for me, but am hopeful!
I was sitting in a restaurant in Verona this summer and a chap walked past our table wearing a t-shirt with SatoshiPay emblazoned on the front. He turned out to be a german nerd (no disrespect intended) who was very upbeat and knowledgeable on the subject. Just on his input I would remain positive on the future of SatoshiPay.
driver
- 30 Nov 2018 15:48
- 117 of 122
2517GEORGE
- 20 Dec 2018 09:12
- 118 of 122
A further extension, now 31st Jan 2019
deltazero
- 24 Jan 2019 07:56
- 119 of 122
opportunity knocks :-)
HARRYCAT
- 24 Jan 2019 09:42
- 120 of 122
Restoration of Trading, Termination of Exclusivity Agreement and General Update
Blue Star Capital plc (AIM: BLU) provides an update to the proposed acquisition of the entire issued share capital of SatoshiPay Ltd ("SatoshiPay").
The Company announces that, due to difficult market conditions, it has agreed with SatoshiPay not to proceed with the proposed acquisition. The decision is not related to any findings arising from the extensive due diligence work performed on SatoshiPay in the period since the signing of the exclusivity agreement on 26 July 2018. As the period following the suspension was marked by significant uncertainty in global financial markets. It therefore proved more difficult to reach the targeted level of fundraise in the time anticipated. As such, SatoshiPay will continue to operate as a private company.
The extension of the exclusivity agreement, as announced on 20 December 2018, was due to expire on 31 January 2019 and has now been terminated by mutual consent of both parties. As such, the Company has requested that trading in its shares resumes on AIM at 7:30 a.m. on 24 January 2019.
The Company remains supportive of SatoshiPay and confident in its management team. The Company therefore looks forward to supporting SatoshiPay as it continues to further establish itself as a leader in blockchain based micropayment services.
Furthermore, as announced on 20 December 2018, the terms of the convertible loan notes issued by SatoshiPay ("CLN") to the Company were extended to become redeemable on 31 January 2019, after which the Company can convert or redeem the CLN at its election. An update will therefore be made to the market in due course.
The Company has an interest of 30.1 per cent. in SatoshiPay. Based on the valuation of SatoshiPay of £15m at its last fundraising round on 26 July 2018, the Company's shareholding in SatoshiPay is valued at approximately £4.5m. Combined with the carrying value of the Company's other investments totalling £1.5 million, the Company estimates its NAV per share to be approximately 0.30 pence following the Placing.
HARRYCAT
- 31 Jan 2019 09:54
- 121 of 122
SatoshiPay Partner with Axel Springer SE
Blue Star Capital plc (AIM: BLU) provides an update in respect of its investee company SatoshiPay Ltd ("SatoshiPay").
The Company is pleased to announce that SatoshiPay has entered into a partnership agreement with Axel Springer SE ("Axel Springer"), one of the largest digital publishing houses in Europe.
Commencing on 31 January 2019, SatoshiPay and Axel Springer will begin working on a joint offering, enabling users to pay for content with the digital SatoshiPay Wallet. Powered by blockchain technology, the wallet will be used to send direct payments from the user's device to the publisher without any intermediary.
As part of the project, the payment solution is to be integrated into Axel Springer products in order to gain experience in user acceptance and generate initial revenues.
HARRYCAT
- 06 Feb 2019 10:11
- 122 of 122
SatoshiPay Fundraise
The Company has been informed by SatoshiPay that it has completed a private fundraise, raising approximately £830k at a valuation of £15.0 million.