I would say with near certainty that the numbers in the bankruptcy filing are not intentionally inflated. Celsius has no reason to inflate these numbers. No sane person is going to deposit additional coin onto their platform, including coin for collateral for a loan. The bankruptcy filing will put all litigation on hold (prevent litigation from being filed/initiated), and any actual values will eventually come out, if the values are misrepresented.

There is the potential that some of the numbers are missing some context, or are based on faulty assumptions, but I don't think they are being intentionally misrepresented.

If there is a bad person who has the intent of doing bad things, if they do not have access to a gun, they can just as easily use other weapons, that in many cases are more difficult to defend against, such as a car or a truck, or a knife.

If this is true, it is likely that Coinify is unaffected by the bankruptcy filing.

The effect of Voyager's bankruptcy filing on Conify depends largely on the legal structure and relationship between the two entities.

Johnson was trying to raise taxes on corporations, raised the payroll tax, had a "net zero" emissions goals for England, in addition to crazy covid policies, among other things.

None of the above is what voters voted for, nor is what he campaigned on.

I am not sure.

It does appear that Celcius has insufficient funds to honor all deposit holders in full. It is not clear why they have less assets than liabilities, although I think it is likely because of a (series of) bad loan(s) they have already written off. Perhaps the loan to 3AC was not sufficiently collateralized as of when the loan was written down and/or other loans were in a similar position.

I really don't see many people depositing more money into Celsius, nor becoming a customer in the near future. I honestly don't think PR should be a concern right now.

You generally cannot pay a debt shortly before filing for bankruptcy, and these payments may be reversed by the bankruptcy court if they actually occurred. If collateral held by a third party that secured a loan was liquidated by the lender, that may be a different story.

There are a lot of things that will affect the percentage of their deposits that deposit holders get bac, but I think it is most likely that it will be a long time before customers have their money returned.

I agree. If someone had purchased miners that ended up at the OP's address, they would presumably be trying to contact the seller, trying to find out where they are. Further, if someone had sold miners to someone, it would be unusual for them to be unresponsive to their customers, as the OP has claimed to be unable to get ahold of the sender.

From what I can tell, Lauda cared more about her privacy as she became more well-known. I think part of this was due to her being disliked by so many people because she called them out as scammers, and she did not want to be harassed IRL.

I have the impression that Lauda did not care as much about her privacy in her early days on the forum. That is not to say that there may not be other reasons for her to mislead others about her gender (if that is what she is doing).

This is not going to happen, especially under Biden.

Must of the West appear to be afraid of a direct conflict with Russia, and to be fair, Russia does have the largest stockpile of nukes, so a direct conflict is generally undesirable. The US tends to prefer proxy wars, in which its military does not directly fight its enemies.

I think most likely that the documentation is from SMF, or is the default documentation from SMF. Updating the documentation is something that shouldn't take more than 2 minutes. Or if the button name were to be updated, it should take a similar amount of time.

Great minds think alike

The rehypothecation practice is particularly troubling to me, probably more so than the making under collateralized loans. The rehypothecation adds an additional layer of risk that they will be unable to cover withdrawals as they are requested by deposit holders, and borrowers as they pay off their loans.

Starting to delay withdrawal requests is an indication that they lack funds to cover withdrawals, but maintaining a long-standing practice of not immediately processing withdrawals until the following business day does not indicate that, as long as the delay is not increasing. They have a cutoff time, and as long as all withdrawals requested prior to the cutoff time are processed according to their schedule, all else being equal, I would not think they are having liquidity problems.

Last year, I wrote about how marketplace activity has been on the decline, and I have generally noticed that overall forum activity has been on the decline.

I don't think that many new users to bitcoin are going to review the forum before using a particular service. I think it is more likely they will google the company's name. So as long as the thread is created, and it is indexed by google, a potential user will see your thread, regardless of which section it is posted in.

The post you were replying to was specifically about Celcus. I am really not familiar with Voyager.


Ultimately, it is up to the users of a business to properly review and understand the terms they are agreeing to prior to doing business with said business.

I don't think the lack of ~instant withdrawals is necessarily an indication that funds are not safe. It is likely more of an indication of the business not using a hot wallet, or using a smaller hot wallet.

I no longer have a database of forum posts, so I cannot answer these questions.

Of the 133 people who are eligible to be on DT1, how many people included them on their trust lists that have 10/100 merit (how many people actually played a role in selecting those eligible to be on DT1)? Of those who potentially can play a role in selecting who is on DT1, how many people have no one on their trust list who is eligible for DT1? How many people who are potentially able to play a role in selecting DT1 have a trust list, but no one on their trust list is eligible for DT1? How many accounts are actually active by various metrics (such as making a post in the last 60 days, logging in during the last 60 days, etc).

As I said, I don't know the answer to the above questions. But I do think the answers will give context to assertations that a "very small minority" of the community selects DT1. The headline number of users is obviously inflated due to spam bots, and inactive users.

Do you have a source for this?

They disclosed this policy, and it was public before their customers deposited their money. I don't think it is fair to cry 'scam' when this policy has been in place for time, and those trying to withdraw should not be surprised when they have to wait for a withdrawal.

It should also not be a secret that any company that pays interest on customer deposits is lending out those deposits (aka acting as a fractional reserve bank). There is literally no other way in which any company would be able to pay interest on deposits and not go out of business.

The teather statement said two things:
1 - that tether.io made an equity investment in celsius, and that equity investment is not part of their reserves.
2 - that tehter lent money to celsius, that was secured by collateral, which was held by tether, and in accordance with the terms of said loan, the collateral was liquidated to satasify (pay off) the loan in full, and excess collateral was returned to tether.

I am not aware of any facts to suggest tether is in danger of having less than full reserves as a result of what is happening with celsius. I think the speculation that tether will file bankruptcy and/or will be unable to redeem all of the USDT they have issued is baseless speculation.

Japan has very strict gun laws, so security is accordingly relaxed. Their gun laws really makes everyone more vulnerable to the one person who decides to break the law.

As TheNineClub mentioned, it appears the shooter believed Abe to be associated with a religious group. It may be possible that the shooter believed that his mother donated excess money to this group.

The forum does not moderate for accuracy of posts, and I don't think the forum is going to be willing to moderate based on the perceived severity of the allegation.

I think the most appropriate section for the coinify thread would be service discussion. Users may not specifically check that particular section, however hopefully google will rank said thread high in their search results, and anyone searching for that service will see your warning.

Most likely, Coinifly is not going to allow withdrawals as of the time of the bankruptcy filing if the bankruptcy filing is going to affect the operations. So it is likely too late to withdraw.

You can argue the two words have the same meaning, but this argument does not address the issue that the documentation does not match the actual process. If someone is looking for the xyz button, they should not have to go looking for words similar to xyz when looking for this button.

It is trivial to correct the documentation (or the actual process). I see no reason why one of these cannot be corrected.

There is no evidence that Johnson is going to try to "steal" democracy.

Johnson campaigned as being a conservative, but when he governed, he was governing from the left.

This is basically the same as Biden -- he campaigned as being a moderate, but has governed from the far, radical left.

Not everyone necessarily knows English well enough to know the meanings of both words, and someone may have to look up the meaning of "modify" when trying to change their post.

The documentation should match the actual procedure.