And i don't get why the CEL price even matters

Question

Celsius Community

rex

And i don't get why the CEL price even matters

for holding our funds?

0

30.06.2022

6 ответов

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rex Автор вопроса

Alex
It's just speculation that it might help Celsius i...

yeah that could be one reason. That would also hurt allot of people holding CEL if they started dumping CEL but maybe last resort. Still would be good to know how bad the situation is... Considering how much Celsius holds and all. If say they lost 20-30% of total asset i'm willing to take that cut and get my coins back now instead of waiting 6 month but thats me....

0

30.06.2022

rauschi

rex
yeah that could be one reason. That would also hur...

6 months? Mt gox took 8 years

0

30.06.2022

Alex

They have a lot of illiquid assets last I heard. It may take some time to see most or even all of these funds.

0

30.06.2022

rex Автор вопроса

Alex
They have a lot of illiquid assets last I heard. I...

That is what i like to know. The only i know is BTC and stETH. I'm sure people would even take their stETH instead of nothing...

0

30.06.2022

Game of thrones

Alex
They have a lot of illiquid assets last I heard. I...

So they need liquidity, and the only way to get liquidity in the near future, is to be acquired, otherwise , don t expect btc to go up this year , or even next year

0

30.06.2022

Alex · Accepted Answer

Alex

It's just speculation that it might help Celsius if they decided to sell CELs at a higher price to pay off some of their debt.

0

30.06.2022

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And i don't get why the CEL price even matters

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