Will Celsius crash, as Terra Luna did, by the end of 2022?
16
13
αΉ€105
resolved Jul 15
Resolved
YES
Last month, the Terra Luna cypto crashed to an all-time low and its UST stablecoin lost its peg; it is now regarded by many as a revealed ponzi scheme. A number of commentators have speculated that the Celsius Network was a feeder fund for the same ponzi scheme and is likely to suffer the same fate in the near future, eg: https://twitter.com/patio11/status/1536067676849680384 This market will resolve YES if Celsius suffers a large 'crash' (>80% of 'value' lost, is widely delisted, or other similar massive negative events) by the end of 2022, and NO in all other cases.
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https://techcrunch.com/2022/07/13/celsius-one-of-cryptos-biggest-lenders-files-for-bankruptcy/
predicted YES
@PeterBorah filing for bankruptcy is I think good enough to resolve this - thanks!
predicted YES
Just in case people were wondering why this hasn't been resolved yet - the CEL-PERP contract on FTX (which is a reasonable 'futures' contract for Celsius) is actually UP over 900% since this market was opened. While I am personally convinced that this is as scammy as it comes, public reality hasn't yet handed down a definitive verdict.
predicted YES
https://ftx.com/trade/CEL-PERP
welp I just lost $1000
When I read the title I thought this was going to be about satellites in lunar orbit.
bought αΉ€20 of YES
It is so: https://twitter.com/CelsiusNetwork/status/1536169010877739009
@Gigacasting definitely looking that way to me. But I'll hold off on resolution until the dust settles.

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