Official Bitcoin Thread

[D Double]

Apparently, users could get a minimum 80% of their deposited tokens back which after all thats happened is better than nothing.


Not sure what's happening with Celsius. They keep finding money behind the sofa and have paid off a lot of their debts. Their liquidation price fot BTC is now 2.7K so they're very safe

With stEth slowly getting its peg back they might be able to salvage something. I was expecting a bankruptcy filing by now.

 

[1c3m4m]

So with Voyager filing chapter 11 what foes that mean for holders?

 

[stuntman mike]

So with Voyager filing chapter 11 what foes that mean for holders?

Apparently, users could get a minimum 80% of their deposited tokens back which after all thats happened is better than nothing.

 

[rman402]

sneakaprince you still holding on Nexo or took your bag and went home ?

 

[sneakaprince]

sneakaprince you still holding on Nexo or took your bag and went home ?

Sidelines for now. I was close to a liquidation after a loan I took when the market was 5x where it is today.

Nexo token was inflating my stack and I would've been in a situation where I couldn't repay my loans (because u can't use nexo towards principal). So I paid my loan cashed out my nexo (still above 1.00) and I'm on the sides for now.

 

[sneakaprince]

Double

 

[John Wick]

anyone can school me on this grovetoken?

 

[fluid hips]

4 minute mark onwards

I knew a rug pull was imminent when celebs started promoting crypto and NFTs

 

[johnnyredstorm]

Just did my monthly DCA. Doing 65% eth, 35% sol on my buys until I hit my targets then I’ll rotate to buying btc and maybe alts. Hoping we stay in this range until mid 2023

 

[Xennial]

Just did my monthly DCA. Doing 65% eth, 35% sol on my buys until I hit my targets then I’ll rotate to buying btc and maybe alts. Hoping we stay in this range until mid 2023

why sol?

 

[stuntman mike]

good read.

 

[703 hwy]

Long story short it’s dead now.

 

[johnnyredstorm]

why sol?

I like what they’re doing to scale the network and become more reliable. Token issuance vs fee revenue is still disproportionate so it’ll never be bigger than a 5-10% position for that reason. But the speculative bet I’m making is, if speed creates network effects and attracts developers, it could have a shot to grow to a $1T market cap one day. So I’m basically taking a risk here with a dollar amount that I’m comfortable losing completely.

 

[smedroc]

Just claimed a print for my James Jean fragment nft.

This ones an example piece...

 

[stuntman mike]

celsius files for chapt 11. there goes my $25 in btc

any nt bros losing their funds?

 

[sneakaprince]

Just got the same email.

My homie has 80% of his matic stack on there. I'm legit hoping this doesn't mean it's all gone. He was well into the 6 possibly 7 figure space just one year ago.

 

[Xennial]

celsius files for chapt 11. there goes my $25 in btc

any nt bros losing their funds?

pretty much all my btc, just glad i stopped adding btc a long time ago due to it being too high

 

[willypete]

Just got the same email.

My homie has 80% of his matic stack on there. I'm legit hoping this doesn't mean it's all gone. He was well into the 6 possibly 7 figure space just one year ago.

Comfort that man

 

[sneakaprince]

Comfort that man

Pause.

I sent bro a text basically to the effect of

"we Gon make it bro, we got this far from nothing. The knowledge we gained during the last cycle will take us to new heights. Keep your head up, if you need anything I got you".

Obviously I don't have 6 or 7 figures to give my man but I'd still put good money with him. No one saw these exchanges shafting people the way they have.

Its still not clear if celsius just ****s over everyone or if it will just be a long journey to get at least partial funds back, hoping for the later.

Why the hell didn't Celsius just let nexo buy them out is the question. The offer was made damn near a full month ago.

 

[sneakaprince]

Felt appropriate to post the discussion at large from Reddit since I'm sure there will be a good deal of people impacted by this.

 

[1c3m4m]

let me go buy this ledger today and start moving my funds now

 

[turbospartan]

let me go buy this ledger today and start moving my funds now

link it

 

[ICE CITY CF]

let me go buy this ledger today and start moving my funds now

How sway?

I'm afraid we not movin nuffin.

 

[1c3m4m]

link it

Wym

How sway?

I'm afraid we not movin nuffin.

Why cant i move stuff, im talking abt having all my cryptos moved to the ledger off these plats, i dont have anything on gemini

 

[JusaVibe]

Pause.

I sent bro a text basically to the effect of

"we Gon make it bro, we got this far from nothing. The knowledge we gained during the last cycle will take us to new heights. Keep your head up, if you need anything I got you".

Obviously I don't have 6 or 7 figures to give my man but I'd still put good money with him. No one saw these exchanges shafting people the way they have.

Its still not clear if celsius just ****s over everyone or if it will just be a long journey to get at least partial funds back, hoping for the later.

Why the hell didn't Celsius just let nexo buy them out is the question. The offer was made damn near a full month ago.

Pride. They really led people on and couldn't bear to see Nexo buy them out. They would of rather the whole ship go down. It's a lot of people who have 6 or 7 figures on there that may never see their tokens or that money again unfortunately. It's sad man and they'll have to live with the pain when we melt up again and go even higher than last time. Imagine losing high 7 figures or even potentially 8.

I feel for your man. Celsius people are gonna have to pray for a miracle.