Where are they getting this money to repay the loans?

Question

Where are they getting this money to repay the loans?

Not FUD just trying to understand. Is this good hopium or are they getting rid of their worst degen debt in preparation for restructuring negotiations? I’m just speculating.

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02.07.2022

19 ответов

19 просмотров

Robert

That what worries me: https://twitter.com/AdamLevitin/status/1543095512588582912?t=cb1YzXl8PcbhU9hNSksyZg&s=09

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02.07.2022

R Автор вопроса

Robert
That what worries me: https://twitter.com/AdamLevi...

Yes exactly. Not everything is hopium. Need to assess with a critical eye.

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02.07.2022

Klaus

Robert
That what worries me: https://twitter.com/AdamLevi...

He’s just making calls for his own conclusions. I’d like to see him consider our side of the case, at least once

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02.07.2022

R Автор вопроса

Klaus
He’s just making calls for his own conclusions. I’...

The dude is a bankruptcy professor with no skin in the game. He is viewing the situation objectively.

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02.07.2022

Klaus

R
The dude is a bankruptcy professor with no skin in...

He’s making conclusions, though. All he sees here is bk proceedings

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02.07.2022

Mike M

R
The dude is a bankruptcy professor with no skin in...

lets say he is right.... anybody with knowledge on the matter of BK's.... how much of a haircut would we be looking at? assuming lawyers taking a fat cut assuming there is a 2 billion dollar shortfall in celsius books assuming as someone mentioned, there arent many secured crediters would we be looking at maybe 50-60%?

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02.07.2022

Robert

Klaus
He’s making conclusions, though. All he sees here ...

And he might be right. I'd like to be prepared for any eventuality. My point was paying off loans could be positive OR negative sign. Until Celsius make PROPER statement, all we can do is imagine all possibilities and mentally prepare.

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02.07.2022

R Автор вопроса

Mike M
lets say he is right.... anybody with knowledge on...

Shaved heads, bro.

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02.07.2022

Klaus

Robert
And he might be right. I'd like to be prepared for...

You’re 100% correct, imo

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02.07.2022

Mike M

R
Shaved heads, bro.

lol

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02.07.2022

M H

Mike M
lets say he is right.... anybody with knowledge on...

If it bk that means the whole in the balance sheet is massive. But who knows, very hard to estimate with unknown variables. I'd think a 50% haircut would be a massive win in that outcome. It's just a shame it will likely be usd and in 5 years time. Anything but bk please god's of Celsius

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02.07.2022

Travino

Mike M
lets say he is right.... anybody with knowledge on...

If Celsius files bankruptcy just assume all your crypto is gone. This is why it’s easily the solution to avoid

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02.07.2022

Mike M

Travino
If Celsius files bankruptcy just assume all your c...

Lol, tbh im already writing my entire celsius portfolio off🤷‍♂️ But this was just a curiosity question

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02.07.2022