Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

[Joaquin99]

To win the $10 successfully you must follow these steps (sorry for double-post)
- The referred account must maintain a >=$100 balance until 10/31/19 at 23:59:59 UTC,
- For example, Deposit crypto on 10/16/19 and maintain >= $100 balance until 10/31/19, then you would receive the $10 in BTC bonus with your October interest statement.
- You must USE the referral link in this thread, the promotion terms indicate that.

Happy Benefits!

 

[Stoffy]

I am not sure what is going to be future of Blockfi as it is still under debt, but our friend @Stoffy is still withdrawing to blockfi for example this withdraw from faucetpay.

This site might stop withdrawal any time, just like others did. Stoffy, are you still sure with Blockfi?

Yeah. Having followed all that has happened in the crypto lending market recently I would say so. They have a healty business model, FTX has backed them up and they offer lower yield than the competition that went under and change rates often in order to comply with the market.

Also BlockFi never stopped withdrawals while a lot of the others did. They are also completely transparant in everything they are doing.

Also also if people want to earn yield I would say BlockFi is the safest option. And if people don't like to yield .. then don't yield your crypto.

 

[Yugocean]

Also also if people want to earn yield I would say BlockFi is the safest option. And if people don't like to yield .. then don't yield your crypto.

Comeon, who don't want to invest with his/ her assets? It is just the condition Blockfi is having.Thill now there is no suspension on withdrawals, yet it's Bond with SBF's firm isn't making things right. SBF's another firm Almeda Reserch also helped Voyager Capital, but made it bankrupt instead. FTX help isn't healthy too.

 

[Stoffy]

Comeon, who don't want to invest with his/ her assets? It is just the condition Blockfi is having.Thill now there is no suspension on withdrawals, yet it's Bond with SBF's firm isn't making things right. SBF's another firm Almeda Reserch also helped Voyager Capital, but made it bankrupt instead. FTX help isn't healthy too.

Voyager had a unhealthy business model that is why they went bust. BlockFi is doing fine. I have checked up on all of it. They are completely transparent with all of their dealings. If people don't won't to yield their crypto they shouldn't. There are many options how you can store your crypto.

Never had any problem with BlockFi. I'll stick with them.

 

[Yugocean]

South Dakota Update
Troubled crypto company BlockFi has got a money services license in the US state of South Dakota. This could be an advantage for the company, with this license the company isable to do stablecoin trading in South Dakota, and use Automated Clearing House feature for transferring funds.

 

[Yugocean]

Market Performance Update

This year BlockFi has suffered a lot in its business, it had to take a loan from another company (FTX), and had to pay fine to State. Inc Magazine has ranked BlockFi as the top in the crypto sector among growing 5000 companies for this year in the US.

 

[KULDEEP1213]

I think this is best best blockchain

 

[TAH123]

Ok, this is a very good wallet. Not only you can keep your cryptos safe here but also you can get passive income by borrowing your cryptos. If you want, you can also lend cryptos. You can borrow or lend btc, eth, ltc, paxg. You can also trade between one crypto to another. If you can want, you can also issue a blockfi credit card... This is pretty good.

 

[Yugocean]

BIA Reward Update
BlockFi paid crypto interest to its "BlockFi Interest Account" (BIA) customers on 1st October, with the platform claiming the payment included 75 Bitcoin, 668 Ethereum, and stablecoins of worth $2.9 millions. Total value is calculated at over $5.4 million.
Due to legal procedures, BIA is not available to users in the USA.

 

[Yugocean]

Referral Rewards

Card:- BlockFi has launched a referral program for its cards. Under this, cardholders will get a commission of $ 30 per customer in crypto on the lines of a CPA affiliate for creating a new user of the BlockFi card.

BlockFi - Additionally, BlockFi has a reward for bringing in a new referral. Per person investing $100 and referrer will get $10 in BTC which is withdrawable after 30 days

 

[Yugocean]

Partnership with Stripe for Debit Card

The company has partnered with California based financial software provider "Stripe" to simplify purchases using BlockFI debit card ; it is currently in beta and only available to US residents, but it is expected to launch internationally soon.

 

[Yugocean]

BlockFi in Trouble over SBF Crash
There is no doubt that BlockFi, which was running backed by SBF's fried loans is no longer able to function normally. Regarding blockficard rewards no one is able to answer anything.
Now BLockFI veterans should update about their experience.

 

[Yugocean]

All Features Are on Hold

BlockFi has stopped all loan, withdrawal and other features on its platform, there is no surprise in the reaction, as BlockFi is not able to do anything after FTX bankruptcy.
Although the platform is claiming that this stoppage is due to holiday of its banking partner, and they will resume on 14, however, there is no chance.

 

[Yugocean]

No Update
BlockFi is no longer what it used to be. FTX already destroyed all its possibilities. I am not sure if the platform will open after 14th, but no update from the platform is rising suspicions.

I would like to get update from our experienced BlockFi friend @Stoffy , how is everything there.

 

[Stoffy]

No Update
BlockFi is no longer what it used to be. FTX already destroyed all its possibilities. I am not sure if the platform will open after 14th, but no update from the platform is rising suspicions.

I would like to get update from our experienced BlockFi friend @Stoffy , how is everything there.

I have heard nothing other than what is public. Honestly not their fault if they go under. All features works except withdrawals for me. I hope they will make it but right now it is only a guess. This whole FTX contagion stretches far out in the industry. A lot of good projects will take a hit for sure.

I will update once if I get more information in the coming days.

 

[Yugocean]

Halting withdrawal in the name of festival or holidays makes no sense, festival and holidays keep happening, site officials can participate in functions, but this has nothing to do with withdrawal. Tomorrow we will know, because the said 11-14 holiday is over.

 

[Yugocean]

New FAQ
BlockFi has acknowledged in a new FAQ issued on 24th that it has had to pause all its activities due to the FTX collapse, and is investigating various available scenarios. Seems like BlockFi doesn't want to shut down, but doesn't have a way right now.

 

[Yugocean]

BlockFi is Bankrupt
Accordiyto the site, Chapter 11 code is transparent, so clients will know everything, however, to avoid any debate, BBlockFi has also suspended replies to its social media posts.

 

[Riberet19]

currently Blockfi has officially announced the bankruptcy the cryptolender has requested protection with chapter 11 of the US with more than 100,000 creditors and a debt of one 6,000 million dollars, it has been shown that it had links with FTX

 

[Yugocean]

currently Blockfi has officially announced the bankruptcy the cryptolender has requested protection with chapter 11 of the US with more than 100,000 creditors and a debt of one 6,000 million dollars, it has been shown that it had links with FTX

Worst, it has even announced that SEC also involved ($30 million), and Ripple Labs is not missing a chance to blame SEC. Anyway BlockFi has sued SBF to gain back its Robinhood shares. A long way with a long drama is going

 

[Riberet19]

Worst, it has even announced that SEC also involved ($30 million), and Ripple Labs is not missing a chance to blame SEC. Anyway BlockFi has sued SBF to gain back its Robinhood shares. A long way with a long drama is going

the market has not interpreted it so badly because there were many people who already knew that Blockfi at any time was going to go bankrupt so surely it was already discounted for a long time, certainly good point for Ripple if that information is true for the trial