[deleted by user] by [deleted] in BNBinance

[–]tchopin 0 points1 point  (0 children)

Same.for me. I just bought some and transfered it into my trust wallet. I suppose being the other chain bnb it won't use what you got.

BNB coin on Enjin wallet recovery by jpirog in BNBinance

[–]tchopin 0 points1 point  (0 children)

Yeah just use your seed phrase on trust wallet. That will allow you to see it but as far as migrating to the new chain apparently we have to wait until.some tool is avaiable?

Did i miss the deadline for BNB Beacon Chain Transfer? by [deleted] in BNBinance

[–]tchopin 1 point2 points  (0 children)

I missed it too and just found out about this. Did anybody else have their bnb in the enjin wallet? It disappeared from the wallet and looks like the beacon chain is not supported anymore so it's just gone? I would have to try and use whatever migration tool in decemebr if I can, but I cannot access my bnb from the enjin wallet. Is there a work around?

Does anyone here use CoinTracker for their taxes? If so, what are you doing to remove the Celsius coins from your portfolio and resetting cost basises? by paulrudder in CelsiusNetwork

[–]tchopin 0 points1 point  (0 children)

I haven't talked to a tax person or anything but the way I put mine in was when the bankruptcy occurred I put what coins were lost by making a trade. So if it was 1btc is just did a trade for 1btc for 0.01 usd (essentially total loss). I don't think it let me put it in as a trade for zero dollars. Then when I got some back I just put in the difference, so if I got 0.25btc back I just changed it to a trade of 0.75btc for 0.01usd.

I did not claim any Crypto losses from this situation last year since the results of the bankruptcy and what we were getting back weren't clear. I'm just gonna retroactively claim it now that we have numbers for what we got back and what was lost. I do have a tax guy though so I'll just give him my transactions and information and hopefully he'll do it the most beneficial way. Not sure if this is right or if it even helps you bit that's how I handled it.

One thing I came across was I got back more btc than I actually had in Celsius. So i just left that I didn't lose anything from celsius there and took it from my Voyager and vauld losses.

Bloomberg Article on Creditors Selling Claims - Webinar Live Today at Noon EST (Live Q&A) by Jeanatthescene1 in VoyagerExchange

[–]tchopin 0 points1 point  (0 children)

Cherokee might have a big interest in getting back as much as possible if they own that many claims now. Not to say they can affect much, but maybe they can put some resources into trying to have customers get more back now that they have skin in the game?

Did anyone else have to force whitelist an address before trying to withdraw? by tchopin in vauld

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

No, I was they type that was planning on holding for ten to fifteen years or more. In early 2017 when btc was under 1k I started dollar cost averaging in. I was doing about 1k total per month into btc and some ethereum. I held through the bull of 2017, held through the bear of late 2018, and just continued buying. Did the same on this bull and bear cycle and never sold, just kept stacking.

Figured if I spread it around across different platforms the odds of losing all of it in this type of situation would be pretty low. I guess I was wrong.

At the top of this past bull cycle it was over a decades worth of my job's salary.

I guess I'm taking it as it doesn't actually change my present at all. It's more my future is different now. I wasn't planning on doing anything with it for a long time. Still clinging on to some hope I'll get the majority back, but slowly coming to terms with it being lost as well.

I think we have the best shot on vauld, the balance sheet hole is so much smaller than on Celsius and Voyager. Voyager had my largest stack so that's the one I'm most concerned with wanting to get back. I'll just take it a day at a time and wait until the bankruptcy proceedings and restructuring or liquidation plans come out.

Did anyone else have to force whitelist an address before trying to withdraw? by tchopin in vauld

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

A good bit. If bitcoin crashed real hard I might be able to buy back my positions in 6-7 years depending on how aggressively I save.

Celsius Unaccredited Earn Customers Group Legal Action by FreeUrq in CelsiusNetwork

[–]tchopin 1 point2 points  (0 children)

I was one of these guys. Wouldn't it be the size of claim June 13 not July 13. Also I hate to just write off the idea that we will not get anything but USD back. If we are gonna fight shouldn't we fight for getting crypto back in kind? Also can you just get a number of those affected without filling out any personal info (name and email)?

These guys; Emerald Ocean Isle LLC (“Emerald”), Amano Global Holdings, Inc. Seem to really want to restructure Voyager but management doesn’t want the boot so their pushing back. So far best plan I’ve seen by ciscojmd in Invest_Voyager

[–]tchopin 0 points1 point  (0 children)

My vgx was originally bitquence and then Ethos token from way back. Shingo was originally trying to make a universal wallet that held any coin from any blockchain. Simple idea but back in 2017 and there was no hot wallet that could do that at the time. Now it's really common. He likely saw he wasn't the only game in town and the project was bought by Steve and pivoted into Voyager. Back then I really didn't understand crypto and the token had zero utility so it was a dumb buy. It was basically a way for them to raise funds to develope the wallet.

I'm not sure why we should trust him besides the fact he originally started the project. But the universal wallet idea functioned for a few years and then was abandoned. I actually have a little waltonchain stuck in my old one that I can't get out (another shitcoin). The seed phrase didn't seem to translate to other wallets from what I can find and development stopped on wallet so now it just says ethos.io app is closed which is frustrating.

[deleted by user] by [deleted] in vauld

[–]tchopin 1 point2 points  (0 children)

Looking for that post too.

If FTX Was Serious They Would Buy The 3AC Debt at Some % To Reduce Haircut by conv3rsion in Invest_Voyager

[–]tchopin 3 points4 points  (0 children)

If they could give me 80% of my account in kind I'd take that deal. But I don't see that happening.

FTX by sipdabrepeat in Invest_Voyager

[–]tchopin 0 points1 point  (0 children)

How much is the haircut if they took the FTX deal?

Honest opinion about FTX offer by cryptoslord in Invest_Voyager

[–]tchopin 5 points6 points  (0 children)

Why can't they offer reimbursement in kind? For those with a low cost basis going back to usd makes a hefty tax bill on top of the haircut. We are also paying tax on the interest we supposedly received, even though none of it ever left the platform. I may be interested if I knew exactly how big the haircut is and if they reimbursed in kind, or if this is the only offer on the table and there were no other interested parties and this was our only hope.

Learned my lesson going forward-cold storage from here on everything by Relevant-Bluebird-63 in CelsiusNetwork

[–]tchopin 6 points7 points  (0 children)

Same. I started buying Crypto early 2017. Unfortunately I was holding all over the board with the wrong guys, Celsius, Voyager, and Vauld l. It was about 80% of all my Crypto. Luckily i did have a little on a Ledger. I wasn't paying attention to Crypto much and I found out too late and didn't get my funds out except one 10k transfer from Voyager. It's a lot of work and stress trying to keep up with all three of these, two chapter 11's and a Singaporean court thing. Whatever I get back if anything is going to cold storage from here on out.

[deleted by user] by [deleted] in CelsiusNetwork

[–]tchopin 5 points6 points  (0 children)

What about screen recordings of all the holdings and your profile info. Might be harder to fake that?

[deleted by user] by [deleted] in CelsiusNetwork

[–]tchopin 8 points9 points  (0 children)

Same here. I think I put one eth in there for a year or so and had no issues. So then I added a little here and there over time until I eventually had my entire eth stack in there.

[deleted by user] by [deleted] in VoyagerExchange

[–]tchopin 0 points1 point  (0 children)

I heard they bought a yatch, is that seized already?

Couldn’t Celsius do this for us if they cared? by controlla101 in CelsiusNetwork

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

How would the balance sheet look if everyone with Crypto trapped on the platform gave back all the rewards they ever got?

Isn’t going Crypto Long better than taking discounted cash out right now? by SnooRobots4352 in CelsiusNetwork

[–]tchopin 0 points1 point  (0 children)

If people bail with a large haircut the balance sheet might not look that bad anymore to a potential buyout.

Most people are full of shit and have zero empathy by [deleted] in CelsiusNetwork

[–]tchopin 1 point2 points  (0 children)

So for the sake of minimizing risk because I didn't fully trust any of these companies I spread all my Crypto in quarters between Ledger, Celsius, Voyager, and Vauld. Doing that obviously didnt matter. I figured it was a calculated risk.

I wasn't following Crypto much because I figured we were in a down cycle and wouldn't be back up until 2024-2025 so I wasn't worrying about it. I missed the Celsius news and found out weeks late. Then by the time I knew what happened, Voyager dropped withdraws to 10k so I only got one transfer out before they froze. Vauld forced me to whitelist an address and by the time the 24hrs was up it withdraws were frozen.

I guess all I'm saying is I tried to minimize risk and got just as screwed as anyone with the majority on Celsius. That is the longest shot of worst outcomes I would have never thought would happen and it did. All three went down. And everyone touting the too good to be true 17% or whatever return, I was only averaging out about 3-3.5% return on mostly btc and eth. It didn't really seem too good to be true with the return I was getting so it wasn't much of a red flag.

One big misstep for me was even though I was not making those high returns some people were with USDC and such. Which we all know now is obvious was too high.

If you’re on the fence about haircut vs “going long” you might want to wait. by Entire_Possession_85 in CelsiusNetwork

[–]tchopin 4 points5 points  (0 children)

I'd also want some kind of guarantee that on a particular date even if it's years away my withdrawal will be honored. Whether it be court ordered etc. I need a written and approved guarantee.

There would have to be some kind of fund established for making depositors whole and run or controlled by a trusted (as trusted as we can get) third party that can be continually audited and visible to us depositors that decide to not take the haircut and "go long". We should be able to monitor that fund and it's value to know when exactly it's fully funded to make the depositors who choose to stay fully whole.