Listen if we get back to 35-40k BTC stable, and

Question

Listen if we get back to 35-40k BTC stable, and

celsius haven’t been liquidated on large loans

then slow withdrawals would reopen as books can be balanced on crypto Vs stables etc

So any deals that aren’t in Celsius’s & depositors favour should rightfully be ignored until market is back up

But the risk is on liquidations during bear market

Can people see this and do they agree?

0

29.06.2022

8 ответов

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A A

I don't think thay many are ready to agree on a withdrawal conditional on a certain price of bitcoin, especially those in stables. Completely unfeasible proposal.

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29.06.2022

Musti Ilhan

And if we go to 8k and 4k? Nobody knows, bear market is very longs and strsssful

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29.06.2022

A A

Musti Ilhan
And if we go to 8k and 4k? Nobody knows, bear mark...

Exactly

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29.06.2022

Al MicMac Автор вопроса

Musti Ilhan
And if we go to 8k and 4k? Nobody knows, bear mark...

Those are unnatural prices Only liquidation hunting could get us below 14k realistically

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29.06.2022

Musti Ilhan

Al MicMac
Those are unnatural prices Only liquidation hunt...

You don’t know anything

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29.06.2022

Al MicMac Автор вопроса

Musti Ilhan
You don’t know anything

Please enlighten me

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29.06.2022

Paul C

Yeah like 1M I think it’s possible BTC won’t reach that price again until late 2024 / 2025. We can’t be relying on the BTC price to save us. If we are that means Celsius really f#%ked up!

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29.06.2022

X L · Accepted Answer

X L

I dont think most people mind hodling, however there are bound to be some that don't and can force Celsius to act

0

29.06.2022

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Listen if we get back to 35-40k BTC stable, and

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