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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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49993127 No.49993127 [Reply] [Original]

I was 6 hours from pulling my LINK out before Bancor paused IL protection (started the cooldown right after the Celsius situation because I got spooked). It is like 7% of my net worth. Who here is still holding and who took the loss? I heard someone only took a 28% loss with bnLINK recently. Anyone else doing this? Not sure if I can because my cooldown ended already. Source: https://twitter.com/lewi5/status/1541048427458461697

>> No.49993151

Just ride it out. No worries.

>> No.49993171

>my link

Ohnonononono

>> No.49993189

>>49993151
You fags better hope you’re right after flooding half the board with hopium. It’s a gamble on who’s gonna win a game of liquidity chicken

>> No.49993225

>>49993127
he got lucky and traded his bnlink for link. that won't be happening to you
my cooldown ends in a few hours, think i'll take the 50% loss

>> No.49993261

>>49993189
I like how you retards pridefully display your complete ignorance of the smart contract. Try learning about it before putting your measly stack in.

>> No.49993303

>>49993261
>the smart contract

>> No.49993326

>>49993171
I still have 55% of my deposit. Still funny though

>> No.49993421

>>49993171
Kek

>> No.49993622

Bancor will be just fine
and UST will regain peg
and Celsius will find out the funds were safe all along
And bitconnect will make the world's biggest comeback
and Mt Gox will return all stolen user funds

>> No.49993662

>>49993622
Jokes aside, what is the status on the Celsius regarding their BNT positions? Does anyone have a LINK?

>> No.49993665

bancor still hasn't turned IL back on? Are they making you wait a week to withdraw still?

>> No.49993712

>>49993665
Yes there has always been the 7 day cooldown since V3 launched.

>> No.49993729

>>49993712
>Yes there has always been the 7 day cooldown since V3 launched.

thats a funny way to say a forced conversion to a new version with no warning.

>> No.49993750

>Bancor's wikipedia page was just deleted within the last 12 hours
what does this mean?

>> No.49993810

>>49993127
Hahaha Bancor is so fucked

>> No.49993983
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49993983

>>49993151
>just dnt worry bro TRUST ME BRO

>> No.49994065

These LP fags deserve the ass raping. Praise kek

>> No.49994086

>>49993189
>flooding the board with hopium
Nigger I haven't seen anything but despair and laughing at bancor cucks since this started.

>> No.49994900

>>49993750
it means bulgarians, silly fudnigger

>> No.49995027

>>49994086
There has been much in the way of
>cel gon make it
>bancor gon make it
over the past few weeks. You somehow missed the
>Celsius short squeeze
threads?

>> No.49995196

>>49995027
Celsius and bancor both short squeezed. Meanwhile the same fag posted the same bancor shit over and over again and had 50pbtid threads.
>nuh uh
Well I cannot argue with that. It's okay to kick Celsius niggers and bancor faggots but don't be disingenuous about it

>> No.49995257

>>49995196
What.The board has been flooded with hopium - for all I know it is from bancor and cel to try to get people to not withdraw. idk but you have to be blind to miss it.

>> No.49995297

>>49995257
>>/biz/?ghost=yes&search_op=op&search_int=dontcare&search_res=post&task=search2&search_ord=new&search_capcode=all&search_text=Bancor&search_del=dontcare&offset=0
I went through four pages. Most of it is laugh at bancor threads followed by people coping following by people laughing at stinkies. I have seen fuck all in the last week beyond people coping in fud threads. I don't know what to tell you

>> No.49995306

>>49995297
Well more like three the fourth page jumps to March. I don't think warosu is archiving probably. I miss wakarimasen

>> No.49995623

Voting being held on Bancor to cancel withdrawal fees and disable 7 days cooldown is implemented. It is expected to pass and executed on the June 29th. Better get out ASAP. I can't even get my vBNT out right now because of "pool volatility"

>> No.49996243

>>49993127
I got out yesterday with the bnLINK uniswap pool (thanks anon). Lost about 30%. Fuck bancor.

>> No.49996249

>>49993151
lmao

>> No.49996755

>>49995623
why, what will this do? saw you spammed it in a couple of places

>> No.49996764

>>49993171
lel

>> No.49996793

>>49993127
just wait, bancor isn't going anywhere

>> No.49996819

everyone who leant their LINK out to these platforms deserves to loss it all for providing market manipulators the liquidity to short the very asset you're trying to appreciate value on
honestly if this was any other project other than LINK I would have dumped everything I had rather than bee associated with people like (You)

>> No.49996868
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49996868

>>49995623
Thanks nexo, hope the short works out well

>> No.49996966

>>49993127
They will never turn ILP back on in its current form. Worst case scenario is you lose 45% of your Link (current deficit).

>> No.49997050

>>49996819
30% of Link has been deposited mostly by sergey on exchanges, there is more than enough liquidity on cexes, the half a dozen million link on cefi lending platforms by linkers is a drop on a hot stone

>> No.49997341

>>49997050
This, people really don't understand shorting. Even if it's being done the maximal impact is the sell event. The amounts proposed really aren't much and nowhere near the team dumps.

>> No.49997496

>>49996966
that is not the worst case scenario. the worst case is bnt collapsing in price and taking out the other assets with it.

>> No.49997996

>>49995257
desu in bancor's case the half-withdrawals help them, so I wouldn't be surprised if the fud it anonymously while acting like they totally are on their users' sides officially

>> No.49998343

>>49997496
That will only happen if they turn BNT minting back on. Imo bancor will remain in this state for a long time and people can only withdraw 55% of their link

>> No.49998459

LPs are fudding hard on twitter and biz to get other LPs to withdraw, eat the IL, and essentially give a portion of their stack to the protocol to help themselves. That's whats going on. This is the only time I'll say it, I'll continue to FUD in every single bancor thread and post on twitter until you guys capitulate.

>> No.49998557

>>49998459
why aren't people buying up bnlink then?

>> No.49998645

>>49998557
Nobody is willing to trade their precious link for bnLink lol. If somebody is; please help me out I want to offload bnLink