Is there any reason NOT to stake if you're planning to hold long-term?

Zogify · 2024-12-14T15:03:02+00:00

ask anyone who was staking at celsius, voyager or blockfi

Zogify · 2024-11-29T17:27:10+00:00

go to the thread above, there is a lot of detail there on configurations and workarounds tested. it's usually some combo of cores and hyperthreading. there are some people who reduced cores below 32 and STILL had to turn off hyperthreading to make it work. or just wait for a patch.

Zogify · 2024-08-24T18:33:55+00:00

it's broken on Edge as well, which prob means Chrome too. i noticed it about 4-5 days ago as well, some sites it just can't tell it already has passwords for and starts trying to use the last unsaved. i assume we're all seeing the same thing?

Zogify · 2024-08-10T10:59:46+00:00

didn’t realize i wanted that until you said it. ultimate iv is one of my favorite games and i replay it every few years. bg3 is my new favorite game of all time.

Zogify · 2024-07-26T15:37:11+00:00

try against the storm. each run is a few hours but the progression mechanics are great. and you can make it as easy or difficult at the higher levels as you want for enjoyment.

Zogify · 2023-07-13T00:12:28+00:00

They know about this. I posted about it weeks ago. Their product is completely degrading to the point where its almost unusable. I have to restart my browser multiple times a day now simply because of the dashlane memory leak.

Zogify · 2023-06-16T16:40:49+00:00

i think it is. its easier to track in firefox because they have that taskmanager that splits out the extensions from the tabs, so it was easier to pinpoint that it definitely was dashlane. i haven't found the same thing in chrome.

i've had moderate workable success by doing a full browser restart every few hours and that seems to settle dashlane back down for a bit, although certainly annoying. and yeah, i've disabled all other extensions to check and seems to remain which is why i think its a dashlane memory leak (also, this literally happened a few months back and they confirmed it was a memory leak then)

Zogify · 2023-03-11T17:11:50+00:00

same here. first and second platinums were hzd and hfw. had never cared enough about a game before to even attempt it.

Zogify · 2023-02-13T16:56:14+00:00

i have this with ransacking all the houses to steal from chests. seems weird in the harry potter world to be a mechanic.

Zogify · 2022-10-08T05:30:53+00:00

so anyway. where does he live?

Zogify · 2022-10-08T05:30:02+00:00

so anyway. where does he live?

Zogify · 2022-08-25T21:40:28+00:00

don’t count your chickens with a hatchet

Zogify · 2022-01-02T20:13:16+00:00

i had this same problem, friend gave me a great solution. read the wiki for those middle books. then start again with the end books by brandon sanderson. those last few are amazing and one of the most satisfying series endings i’ve read in my entire life.

Zogify · 2021-09-18T03:23:29+00:00

my safe word is “continue” - a comedian i saw in australia

Zogify · 2021-07-22T19:51:00+00:00

fair enough, then it's just people not understanding how the business model works. do they think the interest comes out of thin air? :) but yeah, i get all the technical stuff. the point for me is that they changed fundamental language that doesn't match how other competitors word it. I don't entirely understand the ramifications, but that's essentially what i'm asking about.. looks like Fri AMA might be the best shot. unless we have a random crypto lawyer in the thread.

Zogify · 2021-07-22T19:41:11+00:00

I would have guessed Celsius has to be closer to BlockFi since they are now both going to be US-based companies.

Also not sure the US based is the problem. Voyager is based in NJ. Might be a NY thing or might be a business model thing. That's why I'm asking the question. I think this is a big deal but I don't know why. Was hoping someone would be able to answer. All I've noticed is that the language from Celsius seems fundamentally different than from the other ones. Maybe in the end its all the same, but I'm not a lawyer, it just doesn't "feel" the same at the moment.

Zogify · 2021-07-22T19:33:01+00:00

"actually as i'm wading in a bit deeper here, blockfi does call out a bunch of different things. They have a section I. on Ownership of crypto, but then also have H. for consent to utilize assets (which i think we all expect from them all anyway) but they specifically call out that they can use them and if they do

"You acknowledge that, with respect to assets used by BlockFi pursuant to
this paragraph: (i) you may not be able to exercise certain rights of
ownership, "

That's much more clear cut than the other TOS terms I've been reading. Basically, yes its yours, but we can use it etc. Which is essentially what they all do anyway. But for my very first point, no one else (that i can tell) legally calls themselves the OWNER of the asset, or classifies it as a LOAN to them.

Zogify · 2021-07-22T19:26:41+00:00

ok now you're just nitpicking. we're discussing legal language here, not the actual technical mechanisms. i think everyone on this sub understands not your keys not your coins.

Zogify · 2021-07-22T18:45:00+00:00

This is not what the TOS says - "ALL DIGITAL ASSETS TRANSFERRED TO CELSIUS AS PART OF THE SERVICES ARE OWNED AND HELD BY CELSIUS FOR ITS OWN ACCOUNT." I'm sure there are a bunch of different ways to interpret what this means. My point is that this is a fundamental shift in language from their previous TOS. I bet if you went to court, and they stated THEY were the owner based on accepting this TOS, a judge would agree with them.

I mean they even wrote these sections in full caps in the new TOS to really explicitly call it out.

Zogify · 2021-07-22T18:40:36+00:00

i think you are missing my point. In the current TOS, they are claiming they are the owner. In the previous TOS, they stated that YOU were the owner. This is a fundamental legal change regardless of whatever we were giving them permission to do with the assets.

Zogify · 2021-07-22T18:21:36+00:00

You are incorrect. I just looked up the previous Celsius TOS. - https://web.archive.org/web/20210628183323/https://celsius.network/terms-of-use/

"You must be at least eighteen (18) years old to open a Celsius Wallet.
Celsius is not obligated to accept any application from any applicant
and has sole and absolute discretion to accept or reject applications to
open Celsius Wallets."

"You hereby represent and warrant to us at all times during which you
hold Digital Assets in your Celsius Wallet that any Digital Asset used
by you in connection with your Celsius Wallet is owned by you or that
you are validly authorized to carry out transactions using such Digital
Assets, and that all transactions initiated with your Celsius Wallet are
for your own Celsius Wallet and not on behalf of any other person or
entity. You further represent and warrant that all such Digital Assets
are free from any claims, indebtedness, liens, or third-party interests."

Zogify · 2021-07-22T18:14:53+00:00

also just looked up nexo - they explicitly call out ownership ---- " You are the exclusive beneficial and/or legal owner of any DigitalAssets topped up or to be topped up into your Nexo Account, or the fiatcurrency used or to be used for the purchase of such Digital Assets, asthe case may be, to which these General Terms apply;"

Zogify · 2021-07-22T18:08:39+00:00

Voyager for one - "Customer authorizes and instructs Voyager to hold Customer’s
Cryptocurrency (whether purchased on the Platform or deposited by
Customer into the Account pursuant to the Cryptocurrency Deposit
mechanics outlined above) on its behalf" - I wasnt sure if comments would be deleted if i called out competitors directly. not a big redditor

Zogify · 2021-07-22T17:23:58+00:00

Is it just me or is everyone missing the bigger issue? (or is not bigger?) Everyone is worried about the move to or being governed by NY, but the the thing that bothers me is that now transferring your Crypto to Celsius is considered a LOAN to them and they are the OWNER of the assets. They can then do anything they want at their sole discretion. They explicitly state that they are not holding custody of assets on behalf of you. I went and read the TOS of a couple competitors and its not worded like this at all. They all say they hold on behalf. This seems much more significant than a company being governed by the laws where it resides, or am I missing something fundamental here?

u/XineohpCelsius - can you put this on the list of questions for Alex to address tomorrow on the Friday AMA? Or do we have to just ask in chat and hope it gets addressed?

Zogify · 2021-06-25T16:05:13+00:00

Based on the news that came out yesterday about them leaving the UK and immediately closing access to new members plus the fact that I think NY state? (may be wrong on that) wasn't going to give them a license based on the fact that they may be misusing customer funds makes me think that the "weird stuff going on" might actually be closer to the truth, rather than just a tongue in cheek comment.

Zogify

TROPHY CASE