Who will win, FTX or BINANCE?

[SpaceboyTF]

Binance will win for sure, and looks like he's trying to monopoly the market. Correct me if I'm wrong

[ScamViruS]

Binance will win for sure, and looks like he's trying to monopoly the market. Correct me if I'm wrong

Binance has already won it. Market dominants always show power and create things in such a way that it makes everything hell for their competitors. I'm not surprised after seeing what Binance has done here. FTT crash like crazy, the way dumping is going we may see this token price lower. Sorry for all the investors who invested in fft token, they are going through a bad time.



Source;https://twitter.com/cz_binance/status/1590013613586411520?t=4wbDdVOiDAaTsyNJmpZX9g&s=19

[Jackl87]

I don’t know who will win, but I just feel like if the CEO of the biggest crypto exchange fudds about competitors, we all gonna loose.

I already said it again in another thread here in this forum today, that i also think that CZ and binance are just trying to erase another competitor with the announced sell-off of those FTT tokens. I just don't see any other reason why Binance would do this. I heard some stuff of people that the leader of FTX is not a very likeable person but that alone is definitely not a reason to harm one of the biggest projects in the crypto space. In the end it is like you already said. Everyone is affected in a negative way by such actions and i also think that small investors like me are usually the ones that are hit the hardest and we just have to endure it.

[goaldigger]

Binance is pretty dominant and acquiring FTX might be crucial for them, they are killing the competition and I read the news about the US agency will monitor this acquisition if it’s allowed or not. Well, creating FUD agains your competitor for a plan to acquire them is something fishy, I don’t know if CZ did it intentionally or this is all part of their plan. Whatever it is, make sure you know when to buy and sell, FTT and BNB will be on the hotspot for the whole month probably.

[Silberman]

Looks like CZ wins but none of us win, do we? This sucks, we are currently at 18,6xx which is what happened the last time we got rug pulled by some scammer Do Kwon.

It’s times like this when Gary Gensler is right with what he says.

The timing of all of this was very suspicious, the market was finally recovering a little bit and then almost out of nowhere this happens, now it could be just bad luck, however if the Luna collapse caused such a major crash then the drop on the market we are witnessing could just be the beginning of an even bigger drop, I just hope that people learn from this and remember that in a bear market the only coin we know has zero chances of disappearing is bitcoin, and most of our money must be invested there as you never know when one of those altcoins can crash massively out of nowhere and drag us down with them as it is the current case of FTT.

[WalkerIVIV]

at the end of the day it's the individuals that got sacrificed for the sake of these big guys like binance in order to make some kind of profits, it's rather doesn't matter whether it's binance that's win, the market is just getting worst the bullish seems even more further to come, I guess the market will need time to make some recovery again then, massive correction after massive correction is really gonna hold the bullrun from happening in this year.

[passwordnow]

I don’t know who will win, but I just feel like if the CEO of the biggest crypto exchange fudds about competitors, we all gonna loose.

There's already a winner and that's Binance. Binance will be taking control now for FTX. They've just acquired it and that happens just this day.
So, I guess the purpose of this thread is now done and over because we already saw who's the winner that you're asking for between the two.
And the clear winner is that there's a new acquisition that has come to take place and that's the usual thing and business these days of Binance and it won't be surprising if another big exchange is being overtaken by them.

[AmoreJaz]

I don’t know who will win, but I just feel like if the CEO of the biggest crypto exchange fudds about competitors, we all gonna loose.

There's already a winner and that's Binance. Binance will be taking control now for FTX. They've just acquired it and that happens just this day.
So, I guess the purpose of this thread is now done and over because we already saw who's the winner that you're asking for between the two.
And the clear winner is that there's a new acquisition that has come to take place and that's the usual thing and business these days of Binance and it won't be surprising if another big exchange is being overtaken by them.

exactly! there's no point of discussion now as binance acquired ftx.com. of yet, another unexpected twist in this crypto market. this will not be the last surprise that we will read before this year ends. all along, i thought ftx is doing good because they are seen as one of the big crypto-exchanges known to crypto traders. but then again, won't know what's happening up until this kind of news.

[Quidat]

There was no need for a fight in the first place, this is an industry everyone has been laboring to ensure it gets to as much as many people as possible and with the shortest possible time. I feel all these public tweets should have been discussed in private, this is already causing some dump in the market, players will capitalize on this to play with traders emotion, when bull gonna come, people won't be on guard.

Yes, its true.

We dont really need any fighting or some sort but it did turn out that in between competition having these kind of situations could actually happen and just like the rest been saying that
it isnt really good for this crypto market on which it is really that highly reactive when it comes to fundamentals or events like this which it could really give out some effects
and we are indeed witnessing now on whats happening. Doesnt matter on whose gonna win but we arent that blind on who would be the one
and its just too obvious.

[glendall]

I don't think there is a winner here, between ftx and binanace, but the regulators' doubts about crypto will get stronger and make crypto regulation more difficult, and this incident will be a dilemma for everyone, where the level of trust in crypto will add to the negative image,

[ice18]

So another top exchange are already owned by Binance? I think this is not good for crypto industry as manipulation on crypto market will be easily controlled by Binance since they have the largest liquidity among other exchanges. Market crashed hard today all my positions triggered my stop loss, I hope this will end soon, big chance to those who are waiting for a good entry this bear market, eventhought Binance already the winner I think crypto holders the the one whos suffering more from this crash, I hope you are all good.

[tbct_mt2]

exactly! there's no point of discussion now as binance acquired ftx.com. of yet, another unexpected twist in this crypto market. this will not be the last surprise that we will read before this year ends. all along, i thought ftx is doing good because they are seen as one of the big crypto-exchanges known to crypto traders. but then again, won't know what's happening up until this kind of news.

Just months ago, Sam and FTX looked to be a savior in cryptocurrency ecosystem when lot of collapses happened since Terra catastrophe. Now, they are facing the same issue and are acquired by Binance.

The war between Binance and FTX, CZ and Sam finished and Binance have become a bigger giant in cryptocurrency ecosystem. Honestly I don't want to see it as Binance should have more competitors that help Binance to improve themselves and also give diversifying choices for cryptocurrency users. Just like in smartphone industry, because we have Samsung, Apple must improve themselves and can not simply enjoy their achievements.

[crwth]

So now that Binance was asked for help by FTX, it's a win for Binance, knowing he is the savior. I understand that the teams have something in mind combining, knowing that they are the two giants of exchanges fighting to the top; still, with all the issues that happened, it's not going to continue anymore because Binance has won. Big money is flowing out of FTX, and they lost.

I hope Binance will improve everything and improve FTX as an exchange. It's sad to see this; I liked FTX.

[passwordnow]

I don’t know who will win, but I just feel like if the CEO of the biggest crypto exchange fudds about competitors, we all gonna loose.

There's already a winner and that's Binance. Binance will be taking control now for FTX. They've just acquired it and that happens just this day.
So, I guess the purpose of this thread is now done and over because we already saw who's the winner that you're asking for between the two.
And the clear winner is that there's a new acquisition that has come to take place and that's the usual thing and business these days of Binance and it won't be surprising if another big exchange is being overtaken by them.

exactly! there's no point of discussion now as binance acquired ftx.com. of yet, another unexpected twist in this crypto market. this will not be the last surprise that we will read before this year ends. all along, i thought ftx is doing good because they are seen as one of the big crypto-exchanges known to crypto traders. but then again, won't know what's happening up until this kind of news.

There will be more exciting happenings in the market and it's not just limited to these big companies that have been acquiring each other and patting each other's backs. Many have really thought that FTX is doing well not until CZ publicized what he's about to do and that has made the FTX team worry about what they're up to. Well, having this said, that has made the acquisition so quick as it just made it look like that they're being helped by Binance to overcome this problem.

[zasad@]

https://twitter.com/starokg/status/1589861637271715840
Star(C) Founder of OKG:
If unfortunately FTX becomes another LUNA,nobody in the industry can benefit from the accident including Binance. Both customers and regulators will lose some confidence about the whole industry .I hope CZ can think about stop to sell FTT and make a new deal with SBF.

[cryptoaddictchie]

Regardless who win on both of them. I dont think its healthy for retailers and traders and the overall market sympathy. Cause theres a lot of panic sell and being on insolvency means theres a problem on thr financial of ftx which is a very bad news for everyone in the cryptocommunity. We all knew that this will not help the market recovers instead get worse.

[Teraboy]

I don’t know who will win, but I just feel like if the CEO of the biggest crypto exchange fudds about competitors, we all gonna loose.

Binance has even more power compared with FTX. The liquidity owned by binance is farrr greater than FTX. CZ has not only destroyed FTX but whole of market. Bitcoin is dumping so hard caused by this drama. The recent tweet by CZ has been indicated if FTX might be acquire by binance exchange site. We are loosing a lot of money.

There's no need to discuss those people with lots of money caused the war between those people have been creating domino impact to the whole of crypto market.

People are loosing lots of their money in a day just like what happened with terra luna. I guess your portfolio was also getting dumped. That is suck when retail invetors always become victim from the drama that has been made by some big guys. You must see how market is giving very bad reaction today

[Minecache]

There's not much meaning in who wins. The most important thing is that the market is suffering badly at the moment and the people who suffer the most are the investors like us. The pain caused by Luna has not yet subsided, but now we are dragged into another pain by FTX.

I believe that after this incident, we will be under stricter control from the government and strict laws will be enacted soon, bad things are still waiting for us ahead.

[Oneandpure]

For me, this is not good for the cryptocurrency industry if there will be a loser here. We all know FTX and Binance exchanges are huge and well reputable.
Let's say FTX will be rugged and forced to shutdown, then it will be a loss for the crypto industry, regulators for sure will take this as a lesson and become more strict in regulation cryptocurrency even with how big or good the exchange is.

Actually have bad news with FTX after several withdrawal looks like pause and not working yet, seems one of huge exchange market will stop working and actually give bad impact later for exchange regulator each country building. Not agree what did by CZ how make FTX rugged and faced bad moment right now for FTX exchange market. I don't see any side agree what did by CZ because he has huge impact with Bitcoin and many altcoin kinds drop drastically more than 50%.

How long this moment happen? if can't stop I don't sure Bitcoin and altcoin can recovery as soon possible, will have attacking back from FTX exchange after did by CZ.

[savetheFORUM]

So another top exchange are already owned by Binance? I think this is not good for crypto industry as manipulation on crypto market will be easily controlled by Binance since they have the largest liquidity among other exchanges. Market crashed hard today all my positions triggered my stop loss, I hope this will end soon, big chance to those who are waiting for a good entry this bear market, eventhought Binance already the winner I think crypto holders the the one whos suffering more from this crash, I hope you are all good.

Didn't saw a post which states that binance will buy ftx but binance own a big portion of ftt coin which was owned by ftx exchange and they are planning to sell it. Binance never own any exchange yet but what they acquired on the past is coinmarketcap. Even if they buy a certain exchange, I don't think they can manipulate the entire market easily because not all are going to sell their cryptos but the majority are only accumulating.

You guys shouldn't say that you will suffer for this because you choose to risk your money in here and even without these on going crypto wars, the cryptos are always possible to decrease. Let us not overreact shall we?