ilmscore | MY CRYPTO WAS STOLEN | Why Celsius REALLY Collapsed

MY CRYPTO WAS STOLEN | Why Celsius REALLY Collapsed

Published: 2022-06-22
Status: Available | Analyzed

Predictions from this Video

Total: 8
Correct: 0
Incorrect: 0
Pending: 8
Unrated: 0
Prediction
Topic
Status
The speaker believes Celsius is stalling for time and may not be able to resume operations due to their financial situation.
"the way I see it Celsius is simply just stalling for time while they figure out a way to resume operations but depending on their financial situation it might be too late"
ETH
Pending
The speaker anticipates that crypto lending will be classified and regulated as a security in the future.
"the issue comes with the concern that crypto lending should be classified clearly as a security and therefore regulated as such which it isn't"
Crypto Lending Regulation
Pending
Celsius is predicted to be at risk of a complete collapse.
"Celsius is at risk of a complete collapse"
Celsius Financial Situation
Pending
The price of Staked ETH is predicted to depeg from its one-to-one ratio with Ethereum due to market downturns and user actions.
"as the entire Market dropped over these last few months too many people began swapping out their staked ethereum all at once causing the price to depeg from its one-to-one ratio"
Staked ETH Value
Pending
It is predicted that it will take months, if not years, for Celsius users to regain access to their funds.
"it could be months if not years before people get access to their money"
Celsius Resolution Timeline
Pending
The speaker is expressing a personal intention to visit Celsius headquarters to offer assistance, implying a hope for their recovery and a positive outcome for customer funds, though this is framed with a significant degree of doubt given the preceding context of financial distress.
"by the way I want to make it clear that I do wish Celsius all the best and I really wish they could make it out of this mess so I'm going to be going down to their headquarters to see if I could help them out Dear Celsius feel better wishing you a speedy recovery of all customer funds"
Crypto Investment Risk
Pending
It is predicted that two-thirds of crypto hedge funds will go out of business, citing the insolvency crisis of 3AC and Mike Novogratz's statement.
"crypto hedge funds are not doing well either with 3ac also facing an insolvency crisis and Mike novograts calling for two-thirds of those hedge funds to go to business"
Crypto Hedge Fund Performance
Pending
If the crypto market continues to decline, interest-bearing crypto accounts are predicted to fail.
"if the cryptocurrency market continues to fall we could see the unraveling of interest-bearing accounts that only work until they don't"
Interest-Bearing Crypto Accounts
Pending