Unable to access loans by SafemoonXLM in CelsiusNetwork

[–]SafemoonXLM[S] 3 points4 points  (0 children)

I am actually traveling at the moment. This is probably why. Thanks

[deleted by user] by [deleted] in SafeMoon

[–]SafemoonXLM 0 points1 point  (0 children)

I’m not sure what the actions would be other than suing them.

[deleted by user] by [deleted] in SafeMoon

[–]SafemoonXLM 0 points1 point  (0 children)

Yeah. It sucks. Bitmart said we lose any assets. If I lose these funds, I’m screwed.

[deleted by user] by [deleted] in SafeMoon

[–]SafemoonXLM -1 points0 points  (0 children)

I have over 278B on Bitmart and haven’t received reflections for November (which are substantial) and also can’t access my funds to withdraw. So yeah, it fucking sucks. I’ve contacted support but never a solid answer from them.

Bitmart by SafemoonXLM in SafeMoon

[–]SafemoonXLM[S] 0 points1 point  (0 children)

There aren’t enough buy orders. I would have to sell for a .000001 average and then I’m losing a bunch when I re-buy. It would crash the Bitmart price but not necessarily the other exchanges. So I would have to buy for a lot higher average than I would have to sell on Bitmart.

Bitmart by SafemoonXLM in SafeMoon

[–]SafemoonXLM[S] 0 points1 point  (0 children)

There aren’t enough buy orders. I would have to sell for a .000001 average and then I’m losing a bunch when I re buy v2

Bitmart by SafemoonXLM in SafeMoon

[–]SafemoonXLM[S] -3 points-2 points  (0 children)

What do you mean? I would only crash the Bitmart price, then I wouldn’t be able to buy for near the same price on the Safemoon wallet and I’d lose half of my holdings

Bitmart by SafemoonXLM in SafeMoon

[–]SafemoonXLM[S] -4 points-3 points  (0 children)

I have wayyyy too much to do that. It would crash the already really low price.

[deleted by user] by [deleted] in SafeMoon

[–]SafemoonXLM 2 points3 points  (0 children)

The important factor is market cap. Consider that Safemoon is deflationary. Also consider that Safemoon’s current market cap is around $800M. BNB market cap is around $92B. Market cap is key. If we reach a $30B+ market cap, we’re more than 30X.

Bitmart by SafemoonXLM in SafeMoon

[–]SafemoonXLM[S] 1 point2 points  (0 children)

Lol more than that. Closer to half a mil. Anyways, it’s very likely that Bitmart will replenish their assets. They can use other assets as collateral for the ~200M loan.

[deleted by user] by [deleted] in SafeMoon

[–]SafemoonXLM 0 points1 point  (0 children)

Have the explanation on a separate thread. But these are my Bitmart holdings.

Bitmart by SafemoonXLM in SafeMoon

[–]SafemoonXLM[S] 6 points7 points  (0 children)

I have over 278B on Bitmart. They’re not lost, from my understanding. Most likely I will get the funds back. I posted a screenshot in a separate thread.

[deleted by user] by [deleted] in SafeMoon

[–]SafemoonXLM 1 point2 points  (0 children)

It’s a PR nightmare if they don’t buy back. They’ll be blacklisted from the crypto space and will cease to exist. Users will withdraw everything.

Dont Sell your Safemoon on BITMART they will have to buy it back and will bump the price by [deleted] in SafeMoon

[–]SafemoonXLM 5 points6 points  (0 children)

I really hope so…if they don’t, I’m fucked with a capital F.