1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:
- Thread starter JordanWearinThe45
- Start date
This going to do anymore damage or just a blip on the radar?
Who knows. Hopefully nobody lost any money using them.
Brolic
High Value Poster
People had 6 figures/ their life savings in there.
The CEO and the people on the board should be arrested. I know they say it’s a risk and not insured l, but they sent out an email June 14th ensuring everything was fine and they were well positioned to weather the market. There’s no way it can be legal to outright lie to customers like that.
It’s going to do some damage, people have ALOT of money that voyager is basically going to liquidate
Man it’s crazy how if they had just stuck with usdc, usdt, and some tried and true safe bond options and what not for their reserves they would be chilling rn. But no, they had to go the degenfi route
Brolic
High Value Poster
They probably wouldn’t get a lot of money doing that and they would have to lower their payout rates. People used those earn programs because of the high 9- 20% APR. I don’t think people would put their money up for a 1-5 %return.
Virtuous_Brotha
Superstar
I've got like 500k worth of unrealized loses from not selling the top of the shytcoin/ safemoon run but fukk this is something else luckily i was to lazy to learn about defi.
People had 6 figures/ their life savings in there.
The CEO and the people on the board should be arrested. I know they say it’s a risk and not insured l, but they sent out an email June 14th ensuring everything was fine and they were well positioned to weather the market. There’s no way it can be legal to outright lie to customers like that.
The amount of people in there about to commit that
Why would you have your life savings on there? Move most of that to your bank account.
We’ll you’re better off getting a little bit of money vs going bankrupt. You can only do the high apr stuff of assets with high volatility and frankly if they don’t have the trading volume to keep up it pretty much goes dead anyway
Virtuous_Brotha
Superstar
During the bull run a lot of folks were pushing the rhetoric of their fiat/dollars losing value from being sat in the bank so i guess it was the "let your money work for you" narrative they got sucked into of the bank making them poorerThe amount of people in there about to commit that
Why would you have your life savings on there? Move most of that to your bank account.
FOMC gets released in an hour at 2pm. So far stocks down a little, crypto up a little. We’ll see if it has any affect.
Then July 13 the CPI comes out which does have an affect, dropped crypto last 2 times significantly.
_________
No affect
Then July 13 the CPI comes out which does have an affect, dropped crypto last 2 times significantly.
_________
No affect
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What is that in response too? Your bad take on MATIC?