Thursday, February 16, 2023

where can we find out how much exactly is our claim (in dollar terms)?

Hi guys, I got very devastated by this celsius thing like the rest of you, and I was so frustrated by the non stop extension of whatever unimportant event by celsius or whatever ucc, so i stopped following the entire thing

so we now have a plan, that from what i know is 80 or 90% similar to simon's plan which was proposed months ago...nothing we can do, the "professionals" will do what they need to do to pocket as much money from our misery as possible, because capitalism.

so i have a few questions, would really appreciate it if anyone can help, and i think many of us would have similar quesitons:

1) how do we know how much is our claim in dollar term? i know how much crypto i deposited to the s hole, say 0.5btc/1btc whatever, but how do we value them in dollar term? if they picked a cutoff day at the bottom, then we bascially forced to claim our btc at 16K, if they do the cutoff now, at 25K, a lot of ppl would have more than 5K claim and cannot go for the quick option.

2) say at whatever value day they pick, lets say when bitcoin is at 20K and my total claim in USD term is 5k, then I can get back 3.5K in crypto? but our crypto could have been purchased and deposited into celsius at 60K? is that right? so we lost what is lost in price forever (-67% in price for example by realizing that "lost" and turn them to fiat USD) , and at best we can get back 70% of that price we are forced to sell at the very bottom of the market???

honestly how are any of us going to fully recover from this? am i understanding this correctly? i only managed to find a file before confirming my claim of amount in crypto, and it was correct, and then i dont think i had received anything from celsius at all, everything i heard comes from twitter and simon's channel...


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