darewaller
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June 01, 2023, 08:26:50 AM |
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I just read that news and it's likely the interest for FTT token was coming back again yet this is still rumor and anyone who buy it will be dealing with a very big risk for their money.
I wonder that people will again trust this exchange after bankrupting. Many users loses big money here and they not paid to these old users then how they dare to start operation once again just by adding new CEO. It's very hard to get trust of hearts broken investors. Their token is not completely down despite of complete stop of exchange. people still holding token and token price increased after this news but i don't think that it will again rise like before. It depends. Maybe some of them will, if the exchange offers something great like refunding their previous customers. There shouldn't be any risk on getting a refund and it's still up to these users if they will remain on using the exchange after it. If it's me, I think I will try to use the exchange with small amount. I will just see if this new CEO is now better than the old one. I'm surprised if their token was still there even if the exchange have already been close down. Congratulations for those who take the risk and continue to buy and hold it. Their efforts have paid off now but it shouldn't be a reason for the new investors to invest on the coin as it might only be a trap.
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tvplus006
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To the moon
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June 01, 2023, 12:37:02 PM |
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I assume that such new clients of the updated FTX 2.0 exchange will be newcomers who came to the cryptocurrency market and are not familiar with the collapse of FTX. And those who have previously encountered the fraud of this exchange have long been acclimatized on other exchanges, and obviously do not suffer from nostalgia.
I can't agree with this. You can't assume if there will be no old users of FTX to use the new FTX. Even if the probability is very small but there will be old user that will be using the new FTX if it will be revived again. FTX has so many loyal users in the past. It makes sense if some of them will be back again to use new FTX if it will be revived again. And where have all these previously loyal FTX users gone? All these former loyal users are now trading on various exchanges that are not inferior to FTX in any way, but on which there is no stigma of fraud. But of course, there will definitely be those who suffer from nostalgia for FTX, but there will be few of them.
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Amejoaquim
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June 04, 2023, 11:34:19 AM |
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Nah, I’m staying far away from this! I'd rather eat my shit than put 1$ into this, after so many ruined and ended lives. Even though the price going up and it just gonna short lived.
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WalkerIVIV
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June 04, 2023, 01:49:58 PM |
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Nah, I’m staying far away from this! I'd rather eat my shit than put 1$ into this, after so many ruined and ended lives. Even though the price going up and it just gonna short lived.
well if it's just in regard of the price of the token or coin rising, then even luna is rising too, but i'd do the same refraining from using this exchange service seems makes more sense to me. after all there's no telling what they already planned.
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Smitty Werben Man Jensen
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COMBONetwork
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June 05, 2023, 11:05:57 AM |
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the price is not much different from when FTX was born, it's just that at the beginning of FTX in 2019 the price was still above $ 1, but now the FTT price is $ 0.9, in my opinion this has great potential to achieve high profits when FTX 2.0 is launched, moreover 2024 also coincides with halving so there is a big possibility for FTT above $10 again.
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v3liana
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June 05, 2023, 12:43:46 PM |
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I must confirm i dont understand people anymore. I mean cmmon. Why and where are they still even giving chance to trade FTT token. So messed up. How is this and Luna still worth anything. Kind of depressing people are still gambling on this trash.
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bittick
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June 05, 2023, 01:20:13 PM |
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I must confirm i dont understand people anymore. I mean cmmon. Why and where are they still even giving chance to trade FTT token. So messed up. How is this and Luna still worth anything. Kind of depressing people are still gambling on this trash.
the volatility motivates many to get some quick profits out of it. if you see the movement of these tokens that you mentioned they just like shitcoin, but with relatively high liquidity, moreover, market capitalisation is still quite high despite unlike its former capital in the past, it's just heavily being used for speculation.
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ahoenk
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June 05, 2023, 04:16:14 PM |
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FFggRC0H%2FScreenshot-20230413-055502.jpg&t=665&c=ZqcQnuV5FmKG8g) A biggest Cex exchange FTX which was fallen bankruptcy in Nov 2021 and lost almost 9 billion suddenly recover back 8 billion and now News are circulating that They are going to relaunch Exchange. This is massive News and Ftx exchange token which was down below 1.5$ suddenly pushed by big whale and its pumped more than 100% in 45 minutes. There are some questions in my mind and Ftx team did not final yet and more News will be come soon.1: What will happen with Ftx users who lost fund. Either it will be refunded? 2: FTT token will be Their native token ir they will launch another token? What do you think Its worth to invest now on FTT token after this news? can we see price back to value where ut crashes after Ftx Bankruptcy If answer is Yes how much time it will take? if i am not wrong the price was above 25$ . Good news for all ftt investor. But the trust will never comming back like before it crash. It will make people think twice before put their money there. And to gain trust is not easy. After 3 years maybe people will start forgeting it like many scam project out there include new comers who realy does not know ftt accident.
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Woodie
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June 05, 2023, 05:08:44 PM |
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From our history books, I don't recall of such an occurrence were an exchange that has been hacked (allegedly hacked as in the case of FTX) closed shop and cameback to continue where they left off from... I wonder if they had some kind of market research to know if the environment is conducive for a comeback.
Besides, people have moved on and wouldn't want to be inconvenienced as they did...and like they say,"once beaten, twice shy!" No one wants lightening to strike at the spot as you will have yourself to blame when exchange gets hacked this time without an April fools prank .
And the fact that their reputation has moved from good to bad, they will have to pump in a lot of money that will make them look convincing for their old clients to comeback and help them return their name..not impossible but they can start from somewhere.
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TheSpiral
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Sinbad Mixer: Mix Your BTC Quickly
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June 05, 2023, 05:41:37 PM |
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Who will again take risk on this coin when ones it sunk the money of thousands people. Trust is like glass and break down very quickly and it's almost impossible to make trust after hated by many people. FTT coins was considered top coins before bankrupt. This is the reason the marketcap cap was very high and regret for those who invested big in this coins. I think it's not easy for FTX to restart exchange and even they start FTT token recovery is not guaranteed.
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Smitty Werben Man Jensen
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COMBONetwork
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June 06, 2023, 06:18:19 PM |
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I assume that such new clients of the updated FTX 2.0 exchange will be newcomers who came to the cryptocurrency market and are not familiar with the collapse of FTX. And those who have previously encountered the fraud of this exchange have long been acclimatized on other exchanges, and obviously do not suffer from nostalgia.
I can't agree with this. You can't assume if there will be no old users of FTX to use the new FTX. Even if the probability is very small but there will be old user that will be using the new FTX if it will be revived again. FTX has so many loyal users in the past. It makes sense if some of them will be back again to use new FTX if it will be revived again. if the FTX user's funds are safe then the user will definitely come back, because before the bankruptcy FTX was one of the better exchanges in my opinion after Binance, so nothing is impossible if FTX 2.0 will pay old users to the exchange platform again.
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bittick
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 06, 2023, 10:16:07 PM |
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I assume that such new clients of the updated FTX 2.0 exchange will be newcomers who came to the cryptocurrency market and are not familiar with the collapse of FTX. And those who have previously encountered the fraud of this exchange have long been acclimatized on other exchanges, and obviously do not suffer from nostalgia.
I can't agree with this. You can't assume if there will be no old users of FTX to use the new FTX. Even if the probability is very small but there will be old user that will be using the new FTX if it will be revived again. FTX has so many loyal users in the past. It makes sense if some of them will be back again to use new FTX if it will be revived again. if the FTX user's funds are safe then the user will definitely come back, because before the bankruptcy FTX was one of the better exchanges in my opinion after Binance, so nothing is impossible if FTX 2.0 will pay old users to the exchange platform again. that's true, reimbursement of the losses of their past users should be their very first concern, i can't sweat about the fact that there's always chance that this platform will just repeat the history. but if they reimburse the users that have lost due to their action, at least no one is losing.
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lobo13hf
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June 06, 2023, 10:31:16 PM |
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but in the world of crypto currency anything can happen, because FTX will also change its name to FTX 2.0 and this is also the first comeback in the crypto world, lots of altcoins have gone bankrupt and can't come back, but FTX's efforts can really pay off good results, I myself still believe that FTT and FTX will be victorious again.
I assume that such new clients of the updated FTX 2.0 exchange will be newcomers who came to the cryptocurrency market and are not familiar with the collapse of FTX. And those who have previously encountered the fraud of this exchange have long been acclimatized on other exchanges, and obviously do not suffer from nostalgia. I think there are no new clients on every exchange, in fact 90% of traders have accounts on every exchange, yes, indeed, not all of them have funds, maybe, but all traders already know that FTX is an exchange to watch out for, but I don't know, hopefully FTX 2.0 can answer the doubts of the community and of course users. well usually if the platform is a bit fishy like this FTX 2.0 then i'm sure the traders would definitely only use that platform temporarily and then move over their funds in more legitimate exchange, no need to hold money in that suspicious exchange for the sake of not repeating the history of losing money again.
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Lagduf
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June 06, 2023, 11:38:53 PM |
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I must confirm i dont understand people anymore. I mean cmmon. Why and where are they still even giving chance to trade FTT token. So messed up. How is this and Luna still worth anything. Kind of depressing people are still gambling on this trash.
Then you shall complaint to those stupid exchange sites why are they still trading FTT token at this moment? The exchange site will always be the main gateway for the tokens to be traded and as long as the exchange sites are still opening the gate to the token and it will always accessible for anyone. I know that if it's hard to accept a token owned by bankrupt company is still exist but that's reality. it's hard to accept it.
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bitkanu
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June 06, 2023, 11:49:26 PM |
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it just makes me wonder if it still gonna be given another chance by the victims of this platform. since it logically doesn't make sense, there are other exchange out there that are just better than this one, but considering their ftt was kept increase at these kind of news, I guess there are many that so hellbent on trying to give this platform second chance.
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carlfebz2
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June 06, 2023, 11:52:41 PM |
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but in the world of crypto currency anything can happen, because FTX will also change its name to FTX 2.0 and this is also the first comeback in the crypto world, lots of altcoins have gone bankrupt and can't come back, but FTX's efforts can really pay off good results, I myself still believe that FTT and FTX will be victorious again.
I assume that such new clients of the updated FTX 2.0 exchange will be newcomers who came to the cryptocurrency market and are not familiar with the collapse of FTX. And those who have previously encountered the fraud of this exchange have long been acclimatized on other exchanges, and obviously do not suffer from nostalgia. I think there are no new clients on every exchange, in fact 90% of traders have accounts on every exchange, yes, indeed, not all of them have funds, maybe, but all traders already know that FTX is an exchange to watch out for, but I don't know, hopefully FTX 2.0 can answer the doubts of the community and of course users. well usually if the platform is a bit fishy like this FTX 2.0 then i'm sure the traders would definitely only use that platform temporarily and then move over their funds in more legitimate exchange, no need to hold money in that suspicious exchange for the sake of not repeating the history of losing money again. Once trust is broken then there's no way on taking it back and this is why if they would decide to have that relaunching or comeback then there might be still some users but most of them flock away and would find another place for them to trade or put up their money or simply trade. It is really just that there are people who are really that a fan on putting up their assets on exchange which it isnt really that something recommendable if we do speak about security or assurance even if you do put up on the most trusted exchange like Binance, there's no guarantee for this thing for it not to happen. Put up only the amounts which you do seem that it would really be that you could afford to lose. FTT or whatever exchangers which does have plans on comeback after some big issues or incident which would break up that trust, then there's no way that it would be given back no matter how many times they would rebrand their name but if the management would be still the same then it would be still useless.
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terciduk123
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June 07, 2023, 03:23:46 AM |
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Although FTX Asset has returned $7.3 billion, however, if the owner and the FTx team are still the same person then it will be difficult to regain the trust of investors, because the scammers are still scams. While Cryptocurrency has a lot of good CEX exchanges, so if there is one good, why choose the bad one.
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judaspriest
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C O M B O
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June 07, 2023, 08:35:07 AM |
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Although FTX Asset has returned $7.3 billion, however, if the owner and the FTx team are still the same person then it will be difficult to regain the trust of investors, because the scammers are still scams. While Cryptocurrency has a lot of good CEX exchanges, so if there is one good, why choose the bad one.
Trust will be difficult to achieve again, especially about an exchange where users save assets with the thought that it will be safe and it will end up being a scam, and of course if you want trust to come back then FTX must also try, but their plan is pretty good because they are trying to get up again .
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SyndicateLabs
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PredX - AI-Powered Prediction Market
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June 07, 2023, 09:27:29 AM |
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Although FTX Asset has returned $7.3 billion, however, if the owner and the FTx team are still the same person then it will be difficult to regain the trust of investors, because the scammers are still scams. While Cryptocurrency has a lot of good CEX exchanges, so if there is one good, why choose the bad one.
I completely agree with your thoughts on the issue of FTX Asset returning $7.3 billion. Even though the money has been refunded, this still makes users confused and lose confidence in the FTX exchange. When there is any doubt about a cryptocurrency exchange, users should thoroughly research the exchange before deciding to trade on it. As for choosing a good CEX exchange, it depends on various factors such as safety, convenience, liquidity, transaction fees and more. Cryptocurrency users need to actively investigate and evaluate an exchange before deciding which one to trade with. Thorough research helps users reduce risks and ensure safe and effective transactions.
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Inspiron14
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June 07, 2023, 11:39:11 AM |
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Although FTX Asset has returned $7.3 billion, however, if the owner and the FTx team are still the same person then it will be difficult to regain the trust of investors, because the scammers are still scams. While Cryptocurrency has a lot of good CEX exchanges, so if there is one good, why choose the bad one.
I'm an FTX user and luckily I don't have any assets there, I don't know if they compensate those who have funds stuck there, if they have handled the problem then user trust in FTX might be able to return, yes it's just that for FTT it will take a long time but investors can rest easy if FTX can rise again.
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