[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 468 KB, 1440x1942, Screenshot_20220714-130346_Reddit.jpg [View same] [iqdb] [saucenao] [google]
50359367 No.50359367 [Reply] [Original]

Do you think his kids will grow up to take revenge on Machinsky?

>> No.50359407 [DELETED] 
File: 727 KB, 1286x1362, gfqe.png [View same] [iqdb] [saucenao] [google]
50359407

>Giving your coins to a jew

>> No.50359438

>>50359367
90% of stories on reddit are fake, especially if they can get that sweet pity updoot

>> No.50359565
File: 24 KB, 640x248, Time to flood Alex’s inbox’s (social media Celsius website real mailbox if you know where he lives) with angry threats about him and his loved ones. Who’s with me.png [View same] [iqdb] [saucenao] [google]
50359565

Redditfags have just left the 'Bargaining' phase and have entered 'Anger'.

>> No.50359580

should have used crypto

>> No.50359615
File: 208 KB, 1126x720, 1637922659277.jpg [View same] [iqdb] [saucenao] [google]
50359615

PETER SCHIFF WAS RIGHT

https://www.youtube.com/watch?v=A-Wa_TrfW68

>> No.50359630

>>50359438
Doesn't matter if his story is fake. Tens of thousands of people lost their life savings and a ton of them are at the end of their ropes. I was close to being one of them and if I hadn't been able to get out I would have chosen the rope

>> No.50359669

>>50359438
The story’s not fake, the person saying it’s his is lying though

>> No.50359709

If you put all your money into magical jelly beans on the internet you deserve this. You are just not that smart and were never going to make it.

>> No.50359738

>>50359630
>Doesn't matter if his story is fake.
Yes, it does.
Imagine if i spent all my time on 4chan making up elaborate fiction and spamming them across the boards and whenever i get called out on it i say "it could be true!"

>> No.50359763
File: 41 KB, 1024x576, 1657549431015m.jpg [View same] [iqdb] [saucenao] [google]
50359763

I use like 5 different crypto brokers. Robin hood, uphold, voyager, Coinbase, bitmart, biance, crypto dot com. You're telling me some people on this website only use ONE?

>> No.50359764

>>50359367
It blows my mind how there seems to be kids shooting up schools daily but no one targets people like him. Why is that?

>> No.50359793

>>50359615
The lawsuit document is a fascinating read:
https://iapps.courts.state.ny.us/nyscef/ViewDocument?docIndex=RvF30Mz2IZW63s1mjjau2Q==

"As customers sought to withdraw their ether deposits, Celsius was forced to buy ether in the open market at historically high prices, suffering heavy losses.
Faced with a liquidity crisis, Celsius began to offer double-digit interest rates in order to lure new depositors, whose funds were used to repay earlier depositors and creditors.
Thus, while Celsius continued to market itself as a transparent and well capitalized business, in reality, it had become a Ponzi scheme."

>> No.50359833

>>50359615
broken clock etc etc, cant believe he was right HAHAHA.

>> No.50359988
File: 49 KB, 638x560, 6054c0070dbb6.jpg [View same] [iqdb] [saucenao] [google]
50359988

>>50359764
That's not gonna get anyone to support gun control laws

>> No.50359996

>>50359793
All the while Machinsky knew exactly what was going on. Insane.

>> No.50360012

>>50359367
All of /biz/ laughs at these people

>> No.50360038
File: 189 KB, 1280x914, tumblr_oty4f9amFr1vkapaqo1_1280.jpg [View same] [iqdb] [saucenao] [google]
50360038

>>50359367
>Do a flip faggot.

>> No.50360064

>>50360012
Some of biz feels sorry for these people. Some of us realize not everyone has been graced to knowledge of the jews. Some of us realize we could be next.

>> No.50360085
File: 63 KB, 500x500, 1655314595267.jpg [View same] [iqdb] [saucenao] [google]
50360085

>>50359367
>killing yourself over 6 figures

>> No.50360090

>>50359764
Why would the feds kill jews/shabbos goyim?

>> No.50360113

>>50360064
>Some of us realize we could be next.
Just put it in cold storage

>> No.50360170

>>50359996
He also used customers' BTC for his own profit:

77. [...] since at least February 2020, Celsius had engaged
in a series of transactions designed to artificially inflate the price of CEL tokens.

[...] Celsius had used approximately 4,500
bitcoin, with a current value of $90 million, in customer deposits to purchase CEL on the open
market between February 2020 and November 2020 to artificially inflate the price.

78. The purpose of this scheme was both fraudulent and illegal: Celsius induced
customers to be paid in CEL tokens by providing them with higher interest rates. Then by
purposefully and artificially inflating the price of the CEL token, Celsius was able pay customers
who had elected to receive their interest payments in the form of the CEL token even less of the
crypto-asset.

79. In addition, by artificially increasing the price of the CEL token, Mashinsky – who
personally owned hundreds of millions of dollars’ worth in CEL token at its height – was able to
enrich himself considerably.

>> No.50360259
File: 14 KB, 400x266, BE029383-ED67-4D89-87FA-863A2250CCE9.jpg [View same] [iqdb] [saucenao] [google]
50360259

>>50359630
Its redditors. I hope that fagget does a flip when he jumps off the building.

>> No.50360392

>>50359630
If you've placed enough money into high risk assets like crypto that losing it would make you commit suicide, you've already lost.

>> No.50360531
File: 29 KB, 385x390, pepeohonononono.jpg [View same] [iqdb] [saucenao] [google]
50360531

>>50359630
>Doesn't matter if his story is fake. Tens of thousands of people lost their life savings and a ton of them are at the end of their ropes.

Tens of thousands of people willingly and smugly lost all of their money on a speculative chuck-e-cheese get rich quick scheme which had obscene return promises, a shady business model, a 'quality' marketing manager and more red flags than a bull event in Spain. The whole thing was fucked from the start. They all were. But no. The investors knew better. They were the biggliest, smartiest folks in the world for discovering this true gem. Fortunate Favours The Brave™, everyone who criticises is a FUDder. The rest of the world doesn't know their inherent genius. Even when Alex rugged the thing, they were in consistent denial until relatively recently.
Naturally, they woke up from their wet dream. Those evil, pesky regulations they once hated? HELP ME GUBERMEN EVIL GUY TAKE MY MONEY PLEEAASSEEEE DO SOMETHING AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA.

Fair comeuppance for being such utterly delusional shits

>> No.50360545

>>50360392
>portfolio diversification? don't even know what that is m8. fuck it, all in on these scamcoins and ponzi schemes lol. what could possibly go wrong?

>> No.50360561
File: 1.50 MB, 218x218, smilingguydrinking.gif [View same] [iqdb] [saucenao] [google]
50360561

>>50359793
>It """became""" a ponzi scheme

>> No.50360635

>>50359615
That Russian does seem uneducated and sleazy. Celsius users deserve the rope in addition to the heart break

>> No.50360670

>>50359738
>What's it matter if it's 1 or 6 million J boys?
Sound familiar

>> No.50360701

>>50359367
Do these retards realize it's Chapter 11 bankruptcy and not Chapter 7?

>> No.50360748

>>50360701
>Do these retards realize it's Chapter 11 bankruptcy and not Chapter 7?
>I cannot hekin wait for my Gox returns and Enron stocks to skyrocket!

Memes aside, Celsius has no assets left. Physical companies that own physical things or resources can cover their debts to an extent (Selling items, land, service providers etc) that they can pay their baggies back somewhat. Cryptobros won't get more than a few cents on the dollar in the best case scenario.

>> No.50360751
File: 171 KB, 1478x618, kIMgKTb.png [View same] [iqdb] [saucenao] [google]
50360751

>>50359367
new desperation porn just dropped

>> No.50360780

>>50360751
>trying to scam people by claiming you got scammed
Oldest trick in the book that.

>> No.50360781

>>50360751
>Imagine thinking that's real

>> No.50360783

>>50360751
Damn, that's so sad. I hope he's okay, I just sent him 0.3 BTC.

>> No.50360817

>>50360783
that's very nice of you anon
you may have actually saved someone's life rn

>> No.50360902

Never invest more than you can afford to lose™

>> No.50360986
File: 154 KB, 1000x1000, ok.jpg [View same] [iqdb] [saucenao] [google]
50360986

>>50360902

>> No.50361005
File: 140 KB, 800x800, glow bait.jpg [View same] [iqdb] [saucenao] [google]
50361005

>>50359764
why would the FBI target him?

>> No.50361076
File: 930 KB, 891x863, 1657725811480.png [View same] [iqdb] [saucenao] [google]
50361076

why the fuck do they keep pruning these thread? I had two that got pruned already. I'm starting to think a certain somebody got fucked by Celsius and they hate seeing the slat threads

>> No.50361102

>>50359764
School shootings are fed operations

>> No.50361104

>>50359738
That’s literally what this entire website is, Anon.

>> No.50361124

>>50361102
meds

>> No.50361170

>>50359615
How was that a debate? Shit was annoying as fuck can't hear anyone they keep interrupting each other and that Russian retard has a shitty accent and the bitch interrupts for no reason.
At least Schiff was right though.

>> No.50361195

>>50360751
that is such an obvious jeet scam holy shit

>> No.50361201
File: 81 KB, 1200x820, yui rifle.jpg [View same] [iqdb] [saucenao] [google]
50361201

>>50361124
yes, most of the shooters do use them.

>> No.50361254

any crypto paying a yield is an outright ponzi
every crypto exchange will fail
every crypto holder who doesn't take profits or eat their loss now, will lose everything later

>> No.50361277

>>50361254
This. It will all eventually return to zero, sooner rather than later.

>> No.50361453

Was it actually a Ponzi or were they just making retarded decisions?

>> No.50361467

>>50359367
This is obviously you guys trolling

>> No.50361475

>>50359615
Schiff was right from the very first minute. Bitcoin does not earn revenue thus doesn’t earn profit thus doesn’t pay dividends that holding it doesn’t provide you with yield, which means you must be buying something else with it that does earn yield like a loan for some appreciating asset or some stocks that do pay dividends. People who put their money in Celsius are grade A morons who don’t know the first thing about investing.

>> No.50361611

>>50361453
Both.
Some market manipulation combined with creative accounting.
They ended up with a $1.2B hole in their books.

See the lawsuit for a timeline of the crazy shit they done:
https://iapps.courts.state.ny.us/nyscef/ViewDocument?docIndex=RvF30Mz2IZW63s1mjjau2Q==

>> No.50361627

Do Kwon is still alive so nothing is going to happen to that jew.

>> No.50361639

>>50360170
So, you give your coins to Celcius. They trade your coins for something like LUNA to farm the high APR and give you some Celcius tokens in return. Then when they lose your money chasing degen plays, you're money is gone. Why not cut out the middle man and just invest in high risk high reward projects yourself? The coins you give them aren't insured, there's no guarantee, so what's the point?

>> No.50361838

>>50361639
>what's the point?
Celsius offered high interest rates.
Mashinsky repeatedly told customers it was low risk, and that they had the best lenders, the best risk management team in world etc, and the customers believed him.

>> No.50362226

>>50361475
well the fair assumption was they ran profitable moves on defi and users not smart enough to do defi themselves put their money with them for a fee

anyways way back in mid 2020 anons here warned that yields had to come down during the bear as users simply left the ecosystem, but during the first part of the bear we saw yields spike upwards even before luna
anyone with a functioning brain should know at that point that its a ponzi running out of cash desperate for new idiots to sucker in

>>50359367
this story might be fake but there are plenty of retards that do gamble it all while having kids
i never understand that mentality, i will never get a kid until i accumulated enough to diversify into safe boomer tier assets
also the part where the story becomes unbelievable is when he says he cant pay his bills due to investment losses while his wife doesnt know
seems a bit unlikely that he is living on dividend tier income without his wife knowing about it

>> No.50362355

>>50360064
Fucking EVERYONE has been graced with the knowledge of the jews. We all got taught who Hitler was in school. It didn't take much to do some fucking research of my own after that. I wouldn't trust a penny of mine to a jew unless it was insured. These people trusted everything. They deserve it.

>> No.50362414

>>50361254
>Salty nocoiner cope
Please go away for a year or two and come back after the next crash to once again herald the end of crypto.

>> No.50362449
File: 130 KB, 589x961, C16FA28A-2EC9-4771-8AE2-46F27E3D8EAA.png [View same] [iqdb] [saucenao] [google]
50362449

>>50361639
Because people are stupid and lazy. Any retard who can figure out how to use Coinbase can deposit into Celsius and get some returns. These people don’t want to do any research or learn how to actually use any defi protocols. They don’t even know what any of that shit is.

>> No.50362481

>>50359367
I don't blame NEETs for having an all or nothing mentality but not cashing out some of your 6 figures when you've got 4 kids? Fuckin yikes

>> No.50362485

>>50359367
>We fact checked this, and the op is in fact about to kill themselves.

>> No.50362493 [DELETED] 

>>50362485
>>50362481
>>50362449
>>50362414
>>50362355
Paid ebook leak

Thanks for purchasing my ebook, if you leak it or resell you will be reported and your data will be made public on the forum

In this method we will be using a RuneScape private server that pays money for voting on it on toplists

Go tohttps://mega.nz/file/gd8DmJ6R#UAx0Swi713V0PS5azKcWGPAK8QNTAeN5RCqRRuedOew on your PC
Unzip the file
Install java if you already don't have it installed on your PC
Run the client.jar file
Wait for the RuneScape private server load
Create an account (no email needed)
Click on the vote button on the right hand bottom corner
It will open a list of 10 sites to vote for the Private server
Each vote gives you $5, after voting 10 times you will have $50 that you can cash out to BTC, PayPal or your Payeer account.
Repeat this process every 12 hours
An easy $100 per day

>> No.50362503

>>50362449
Well, and then the smart normies are sus of anything that's too good to be true so /biz/lets cry about the normies are all sticks in the mud, sheeple that don't see this epic new investment opportunity

>> No.50362526

>>50362493
Anyone falling for this deserves to lose their money.

>> No.50362542

>>50359367
>Killing yourself over 6 figures when you have a wife and 4 kids
Go suck dicks to support your family you loser wtf

>> No.50362561

>Mt Gox
>hacked
>Chapter 15 bankruptcy
not even the fucking same

>> No.50362581

hey guys, i lost $200k on Celsius

what should I do now? that was most of my life savings. I feel like im in a bad dream

>> No.50362605

>>50362581
>I feel like im in a bad dream
just wake up lol

>> No.50362626

>>50362581
Have to wait till the Chapter 11 process plays out.

>> No.50362654

>>50362581
Go on to Reddit and post your sob story and then do an edit update saying "thanks kind strangers, here is my btc address to donate to help me out".

>> No.50362679

>>50362581
Get a job, start over by dcaing with what you can afford into good protocols. Keep custody of your shit this time.

>> No.50362691

>>50359630
sorry buddy any withdrawals in the last 3 months will be clawed back

>> No.50362699

>>50362355
uh bro... the jews run the insurance too...

>> No.50362764

>>50360748
>Cryptobros
yes a completely natural insult to use on /biz/

>> No.50364137

>>50359793
Promising 10-20% returns off of “lending” crypto was ALWAYS a Ponzi scheme. There’s literally no way it could’ve worked.

>> No.50364214

>>50360783
>>50360817
Fags
Let the individuals commit suicide or file for bankruptcy and lose their houses. That will help lower the price of houses for the rest of us.

>> No.50364270

lmao rekt

>> No.50364300

>>50359763
you are a retard for using ANY of them besides as a means to cash out.
Funds are safer in a motherfucking browser extension than in the hands of other people you low IQ nigger

>> No.50364315

>>50362542
If someone is going to kill themselves, they might as well take out a few Coinbase employees too.

>> No.50364342

>>50364214
let the retard get scammed faggot

>> No.50364482

>>50359367
https://www.youtube.com/watch?v=0t_OtvkFHRw&ab_channel=CelsiusNetwork

>> No.50364585

>>50364342
… They’ve already gotten scammed, lmao
All of those faggots on Reddit should be storming and rioting the Celsius offices. Instead, they’re crying and letting their wives divorce them.

>> No.50364588

>>50361475
Indeed

>> No.50364613

>>50359615
kek
Anyone else both hate and love the Schiffmeister?
>>50364300
>Funds are safer in a motherfucking browser extension
No they aren't you brainlet. It's 1000x easier to have your browser wallet compromised. I'd rather trust Binance than anyone else.

>> No.50365242

>>50362691
Only applies if it is proven Celsius gave a heads up or preferential treatment to party that made the withdrawal. It won’t apply to random individuals who happened to be lucky enough to get out before transfers were halted

>> No.50366295

>>50362691
come and take it kike