btc was close to 20k so I had about 50k usd equivalent of btc…if there’s a new bull run now and btc goes back to 50k then they will send me 1btc and we are all set?
Not really, if btc goes up the impairment loss gets bigger. Celsius lost huge amounts of crypto. Cel might help fill the gap, it also might not.
Isn’t the impairment measured in usd? Maybe they will cover it this way and we all get rekt
I wonder if anyone would accept getting paid back in cel
We don't yet know exactly all the coins they have. If btc doubles you will get more USD but we don't really know how much more. The USD loss though is bigger if btc goes up.
I think it will pop if wallets open.
Cel token is going to crash so bad. Hope they won’t repay in cel
Kinda hard to avoid, it's a significant part of the balance sheet .
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