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Voyager also shut down temporarily
Posted on 7/1/22 at 2:21 pm
Posted on 7/1/22 at 2:21 pm
I cannot thank God enough that I pulled all my money this week. I used crypto wallet transfer to get it all out.
I had to do it over a span of 4 days
I had to do it over a span of 4 days
This post was edited on 7/1/22 at 2:22 pm
12
Posted on 7/1/22 at 2:23 pm to glorymanutdtiger
Took mine off after celsius fiasco. Phew. I sold my btc rewards for the month this am and did a withdrawal.. I wonder if that goes through...
Posted on 7/1/22 at 2:23 pm to glorymanutdtiger
I can't thank him enough that I sold all 750 of my shares of this one when it was still $17. Wheeeew!
Posted on 7/1/22 at 2:27 pm to glorymanutdtiger
Well shite……
Thank god it’s money I’m ok with losing.
Thank god it’s money I’m ok with losing.
Posted on 7/1/22 at 2:27 pm to AUHighPlainsDrifter
I don’t know why I went into panic last week but I started it withdrawing. It was taking too long.
I read on some blog that fastest way is to crypto transfer into Coinbase wallet. As it takes only 20 mins maximum. I did that over 4 days. I’m overwhelmed and thankful to God
I read on some blog that fastest way is to crypto transfer into Coinbase wallet. As it takes only 20 mins maximum. I did that over 4 days. I’m overwhelmed and thankful to God
Posted on 7/1/22 at 2:42 pm to glorymanutdtiger
quote:
temporarily
Money gone
Posted on 7/1/22 at 2:51 pm to glorymanutdtiger
I moved all mine from Coinbase to Arculus cold wallet about 6 weeks ago.
Posted on 7/1/22 at 2:59 pm to glorymanutdtiger
I used them when I first started buying, but it didn't take me long to see how crappy they were. Taking more than 24 hours to withdrawal funds is ridiculous. They were also worthless in easily getting my transaction data for tax purposes.
Posted on 7/1/22 at 3:40 pm to glorymanutdtiger
so glad I sold my bitcoin at $270!
Posted on 7/1/22 at 3:40 pm to glorymanutdtiger
But..but..but...isn't it backed by gold?
Posted on 7/1/22 at 4:40 pm to Slingscode
Not only is people's crypto in peril but Voyager's website led many to believe their fiat deposits were FDIC insured.
However, the fine print says that all the depositors' money is in an omnibus account in an FDIC insured bank so it's protected up to $250k per depositor only if the bank goes under, not if Voyager goes tits up. That's why you keep your cash in a real bank.
However, the fine print says that all the depositors' money is in an omnibus account in an FDIC insured bank so it's protected up to $250k per depositor only if the bank goes under, not if Voyager goes tits up. That's why you keep your cash in a real bank.
Posted on 7/1/22 at 5:00 pm to Diseasefreeforall
Not your keys, not your crypto.
I hope the world is paying attention. Centralized crypto institutions are failing. Man is fallible and greedy in a bull market, and fails in the bear.
Truly decentralized protocols and exchanges - all good.
I hope the world is paying attention. Centralized crypto institutions are failing. Man is fallible and greedy in a bull market, and fails in the bear.
Truly decentralized protocols and exchanges - all good.
This post was edited on 7/1/22 at 5:17 pm
Posted on 7/1/22 at 6:04 pm to Hulkklogan
quote:
Not your keys, not your crypto.
Richard Heart has been preaching this forever. Best man in crypto.
Posted on 7/1/22 at 6:45 pm to glorymanutdtiger
at the idiots that acted like double digit interest returns was a gravy train with no risk. 
Posted on 7/1/22 at 7:14 pm to glorymanutdtiger
Took out my cash. Left about $1,700 in crypto. Oh well.
Posted on 7/1/22 at 7:18 pm to Diseasefreeforall
quote:
Not only is people's crypto in peril but Voyager's website led many to believe their fiat deposits were FDIC insured. However, the fine print says that all the depositors' money is in an omnibus account in an FDIC insured bank so it's protected up to $250k per depositor only if the bank goes under, not if Voyager goes tits up. That's why you keep your cash in a real bank.
Pretty sure the cash is still insured, it’s just a pain in the fricking arse to get it.
Posted on 7/1/22 at 7:35 pm to slackster
quote:
Pretty sure the cash is still insured, it’s just a pain in the fricking arse to get it.
The cash is still insured to Voyager but not to people who deposited through Voyager. And who knows how much cash is actually in the bank account right now if Voyager was using it in investing schemes. It could still be fully funded, or not. The bank can only insure what's there.
And if the worst happened, it would be up to a bankruptcy court to decide what happens to whatever cash is in the account and backed by the FDIC.
Posted on 7/1/22 at 7:35 pm to slackster
dup
This post was edited on 7/1/22 at 7:36 pm
Posted on 7/1/22 at 7:52 pm to glorymanutdtiger
frick I was really trying to gamble and wait until today to pull out to collect one last interest payment
Posted on 7/1/22 at 7:55 pm to Diseasefreeforall
quote:
https://i.imgur.com/YydwTA1.png
I’m not sure this is true, unless they completely lied…
To be fair, I don’t trust them one bit, hence why I took my USD out.
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