Celsius was the black swan all along

Celsius is taking user funds hostage and posting them as liquidation collateral.

This will nuke the crypto market worse than Mt. Gox. It has only just begun.

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Let's hope this blows up sooner vs delaying the inevitable and causing a longer period of uncertainty. If they just blew up now and we wicked to 15k we could bounce and start stabilizing. If we bleed to 15k first and then they blow up it will be much much worse

>wouldnt want to pursue the chain reaction that would ensue
Lol? Im sorry but no one outside of twitter gives a single fuck about crypto and if anything there’s more serious players that want to see it go away all together, or at least be cheap enough for them to enter the space if it won’t go away, than see it not go below $18k.
If Celsius, the company that hired a GirlsDoPorn feature to manage client funds, has a liquidation price of

So my 10k in Celsius is pretty much gone right?

Don't invest in anything crypto related with a jewish CEO

Jews want to preserve banking

God dammit Jess!

Yes

Bancor is literally Jew founded and is the best place to put your money in crypto imo

Yeah if you ignore their "hack" a few years ago
Im sure they learned from their mistakes

Imagine investing anything crypto related with a CEO behind it at all.

Who would have guessed a company that hired a porn star to be in a position to manage hundreds of millions of dollars fresh out of college would tank and scam it’s users?

Yes

Don’t ignore it, see how they learned from it and came back from the dead stronger than ever.

Bancor is DeFi. You can see all the contracts and assets. Celsius is a black box.

Funny, I came to a cross road between Bancor and Celsius a little over a year ago. I chose to stake on Bancor, keeping control of my keys was the deciding factor.

Yup. Might be able to recover like 5-10% in a few years if you join the inevitable class action lawsuit

Feels good to have left like a month ago.
Feels bad to have swapped BTC for CEL.
Selling BTC - not even once

user, why would you ever consider non-native staking? This was decentralized jewery from the beginning. You can't safely guarantee apy like that just because it's decentralized.

Does this include FTX? Their withdraw fees are so low user

FUD, their fine, their coin is even going back up.

I HATE JUICE

Why the fuck is it pumping

Mr. Bankman is an exception

>15k
You're all faires and unicorns today

They should have had it all in Monero on their private wallet. OOPS.

18k is not low enough, it can easily happen
Why did these idiots leveraged up in the first place and why didn't they deleverage as soon as it became obvious we're in a bear market? All they do is subpart DeFi farming with users funds who are either too lazy or too stupid to farm themselves and skim off some profit for themselves, they had one job, staying away from leverage and they literally cannot go wrong, but they just couldn't do that one thing. Fucking idiots. It's one thing to gamble with your own money, but risking millions of user funds is on a whole another level, holy shit.