What happens if Celsius Network Capitulates via @YouTube
Did you know Banks spend about $600K per branch to operate? It's one of the reasons they can't & don't pay YOU higher returns on your savings.
I have a friend who runs a bank. It's a small bank. The cost of the software alone to run his small bank costs $30,000 a month! That's $360,000 a year plus salary plus real estate, utilities, etc. They can't compete with #CELSIUS!
Celsius is disrupting the financial industry and it is in it's infancy. IF it's successful, it could change the world in a very positive way. This fight is not about money. It's much bigger. It's about taking away the power, monopoly, and the unfair advantage big banks have...
against the little guy... you and me. But you and me plus 1.7 million means we are no longer the little guy and they took notice. They had to because they can't compete on an even playing field. They hired some influencer FUD guns and lazy media to do their dirty work
And they were winning. Day after day they attacked Celsius with FUD. They caused mass panic so the Bitcoin and Ethereum maxi's pulled their money and caused a bank run. Celsius and NO Bank has enough to pay everyone when everyone demands their money all at once
So Celsius did the wise thing and stopped withdrawals. But they have not stopped operating! They have been actively paying down debt and are in much better shape from a liquidity standpoint than they were a week ago.
But the Banks and Big Financial Institutions shorted the $CEL Token banking on destroying Celsius and making it worthless. What has happened is a Community has come together to say enough! Liquidity on the exchanges is drying up quickly.
You are potentially witnessing another GameStop 2.0 scenario unfolding where the shorts are trapped and can't afford to short much further at extreme interest rates. Celsius continues to purchase $CEL from the open market and pay weekly rewards!
At the rate they and the Community are purchasing the $CEL token, there will be no liquidity in 6 weeks or less and the shorts will be forced to purchase back and you will see the price spike massively with many putting in sell orders at $100.
What happens when Celsius announces they are solvent, liquid, and have a path forward? Maybe they announce and partnership with 2 or 3 other entities that will take Celsius higher and further than previously planned... But they don't have to... time is on our side...
All Celsius needs to do is continue to pay down debt as they have week after week, purchase $CEL off the exchanges as they have week after week and even without any announcement, you could still see a massive short squeeze. #MOASS. This could be the Mother Of All Short Squeezes
THIS 👇👇👇👇👇👇👇👇👇👇
Plan©️
@TheRealPlanC
BIG NEWS 🗞️ #Celsius paid off a total of $67,000,000 dollars of debt today combined between Aave, Compound and Maker.
Not only that they also released an updated app version today , “bug fixes and performance improvements.” What additional Utility will they announce with 500 employees hard at work?!
How can you help? 1. Tweet and retweet about #Celsius and the $CEL Token. 2. Attend the Twitter Spaces with @otisa502 et al. 3. Ask someone how you can buy $20 to $50 worth of $CEL Token. I purchase $ETH on Binance.US and transfer to Metamask and swap for $CEL
I'm in the US so that's how I purchase the $CEL Token. If you are depositing into Binance.US from a bank, keep in mind it will take a couple weeks to clear before you can transfer ETH to Metamask. This may be a better way... ty Russell Dean

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