I had 2 usd worth of btc on blockfi but couldnt withdraw bc of the minimum withdrawal amount….well it might be worth 100usd+ in the future so im pissed ????
Risk $50,000+ to try to earn a couple hundred if you time your withdrawal perfectly before the centralized fraud is exposed and all withdrawals are halted? ????
If you are wrong just 1 out of 130 times, you lose money on this bet in the long term large sample size scenario. Of course, it seems like most people are wrong *at least* 3 out of 4 times with these fraudulent centralized entities, **meaning you could easily lose over $150,000 for every few hundred dollars you gain!!!** ????
had almost 400k in it..took out 250k in july and fkin dunkirked the rest on nov 10th. Had to leave behind the crypto due to whitelisting but stable coins made it.
Could have squeezed more than 2x interest if i played it full retard but wasnt too bad.
Don’t pick up pennies in front of freight trains. Never give up custody in search of a few bucks. Bitcoin is already the best performing asset in history what more do you want. Just HODL.
I actually pulled funds from Celsius, in time. Had stablecoins on BlockFi, moved them to Gemini earn and finally back to my bank over the summer when I came to my senses.
I moved all of my BTC from all other exchanges except Blockfi. Although it was a very small amount that got stuck over there, it drove home the concept of never leaving my BTC in any exchange. And as someone else commented, I will never see that money again. Lesson learned!
did you transfer or what?
# NOT YOUR KEYS NOT YOUR COINS
Picking up Pennies in front of the steamroller is never worth it.
I had some money in blockfi as collateral. But because of Celsius I immediately paid the loan back and withdrew the btc
So you’re risking 50k to gain ~400$?
Risking $51K for $400. We’ve all gone through the growing pains of learning how to navigate this haven’t we? Glad you shared I think it’s important
Before Celsius so this is worth 35k now still a good thing to get it off.
Hey its always a good idea to expose the amount of $ you have to the public.
Keep up the good work.
Are you certain that this did not end badly?
BANG BANG!!
Get your coins out of there. Don’t be stupid.
I had 2 usd worth of btc on blockfi but couldnt withdraw bc of the minimum withdrawal amount….well it might be worth 100usd+ in the future so im pissed ????
Imagine, risking $50k, for $300 interest…….
Wow your Inbox must get so Rekt now
This is like free unprotected sex with someone who has high af count
I’m confused. Is this an account flex?
Great, you are no longer the yield ????
Wait, I can’t withdraw my funds…
Sure you think it’s ending, but when you bank is liquid to it’ll just be the beginning
You’re trying to have particular conversation amongst a wide audience hosted on a platform held afloat by a sea of stupid
“Crypto balance” is wishful thinking
Should be called “current market condition buyout”
I remember at some point in 2021 having 60k$ in celsius.
Risk $50,000+ to try to earn a couple hundred if you time your withdrawal perfectly before the centralized fraud is exposed and all withdrawals are halted? ????
If you are wrong just 1 out of 130 times, you lose money on this bet in the long term large sample size scenario. Of course, it seems like most people are wrong *at least* 3 out of 4 times with these fraudulent centralized entities, **meaning you could easily lose over $150,000 for every few hundred dollars you gain!!!** ????
had almost 400k in it..took out 250k in july and fkin dunkirked the rest on nov 10th. Had to leave behind the crypto due to whitelisting but stable coins made it.
Could have squeezed more than 2x interest if i played it full retard but wasnt too bad.
A fiat bond against inflation would have yielded like 4x lol
I want that card but keep denied I only have $300 dollars in Bitcoin
What u mean could of? Your money is still in there, so it ain’t your money
So glad i got mine out last year even. It just didnt feel right
Don’t pick up pennies in front of freight trains. Never give up custody in search of a few bucks. Bitcoin is already the best performing asset in history what more do you want. Just HODL.
You should check out fold. Literally the only bitcoin -only rewards card that hasn’t been wrecked. #Reltrelief promo going on RN for blockfi refugees – https://twitter.com/fold_app/status/1593615501216866305?s=46&t=4EFPI3njhvi4p4hZSK9kKQ
Do you actually have to pay your blockfi credit balance if they have your crypto in an account and rewards that they aren’t paying out?
I actually pulled funds from Celsius, in time. Had stablecoins on BlockFi, moved them to Gemini earn and finally back to my bank over the summer when I came to my senses.
I pick up pennies if they are found outside on heads side up,it’s a silly superstitious thing,but lucky is as lucky does?
51k cash This day can earn term deposit interest of 6% which is about 3k yearly ~
Honestly out of everyone involved that blew up cause of FTX, I think blockfi proved to be competent financial managers. For now at least.
Hope you used the interest to buy a good hardware wallet.
Lucky you…lol
Totally worth risking 50k for 400 dollars lol
But yeah, I get it, benefit of hindsight. I think this has been a wake up call for a lot of people.
I got mine from BlockFi to Celsius. You know the rest ????
Not yo Keys, Not yo Cheese
I moved all of my BTC from all other exchanges except Blockfi. Although it was a very small amount that got stuck over there, it drove home the concept of never leaving my BTC in any exchange. And as someone else commented, I will never see that money again. Lesson learned!