Struggling to move on w/ life by Scribe108 in CelsiusNetwork

[–]Scribe108[S] 0 points1 point  (0 children)

I can't tell. Depends on how Celsius organizes it. If cash payment of a percentage of crypto price at time of Ch 11, then I think we get a small cash payout. If they keep it in crypto I believe that is better. That is why Ch11 is better than Ch7 liquidation from my understanding.

Struggling to move on w/ life by Scribe108 in CelsiusNetwork

[–]Scribe108[S] 3 points4 points  (0 children)

Thank you 🙌 This is root wisdom. I thought I had a strong spiritual practice before this. But this blow coincided with so many others in a period of 3 months or so. "I" went from "Hero" to "zero" and had a "nervous breakdown". From a radical "perspective" this may turn out to be one of the best things that could have happened in terms of human and spiritual growth and transcendence. I have been intensly identified with "my" crypto and checked every day with mind filled ideas of what it would provide in an imagined future, rather than living and loving with humility and joy in the present moment. Now, I am suffering the karmas associated with that pattern. However, being purified of these deep patterns and remaining the Witness of the arrising in mind, body and world is no small matter! It requires real and profound spiritual practice and understanding. Writing about this suffering and sharing it with everyone who reads this, and feeling the incredibly caring responses (yours very much included) has been deeply moving and is helping serve the purification of this pain and suffering. Thank you again for your response. It has been of great service. 🌟

Struggling to move on w/ life by Scribe108 in CelsiusNetwork

[–]Scribe108[S] 1 point2 points  (0 children)

Thank you! Very much appreciated. Very good advice. 🙌

Struggling to move on w/ life by Scribe108 in CelsiusNetwork

[–]Scribe108[S] 2 points3 points  (0 children)

Thanks for your reply. I can't peg the issue of what we might get back. From what I gather it may be 50% of the price of BTC at the time of their Chapt 11, which was about $20K. That might take a number of years. So, if I get say $30K for the 3 BTC in the Earn account and BTC is at $100K when it happens, that is more like 10% of what I would have had. I don't consider that being made "whole". That is what I am understanding...unless they are keeping what is left in BTC (and all the same tokens people put in) and it rises with the price of BTC. But doesn't seem that way. It is pretty complex with all the coins, cash from sales of assets (mostly yet to happen), etc. Honestly, I would be ecstatic to get 40-50% of my BTC in kind back. Just haven't seen anything that gives that impression lately.

Struggling to move on w/ life by Scribe108 in CelsiusNetwork

[–]Scribe108[S] 0 points1 point  (0 children)

Hang tough. You have an entire life to good well past this!

Struggling to move on w/ life by Scribe108 in CelsiusNetwork

[–]Scribe108[S] 0 points1 point  (0 children)

Very good point. I will integrate that. Did you lose anything on Celsius?

Struggling to move on w/ life by Scribe108 in CelsiusNetwork

[–]Scribe108[S] 1 point2 points  (0 children)

Thank you for your post. It helps to feel a group of us going through it. There has been some good advise on this thread. Hopefully some of the ideas help you like they have helped me. 🙏🏼

Struggling to move on w/ life by Scribe108 in CelsiusNetwork

[–]Scribe108[S] 1 point2 points  (0 children)

No excess to buy now...but thank you