FTT comeback - page 4. | Bitcointalksearch.org

FanEagle

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Quote from: el kaka22 on April 18, 2023, 10:31:06 AM

This is a fake pump if you ask me. Because nothing fundamental changed and yet there is a news about it which means that the pump is a fake one. If the fundamentals haven't changed about the token itself, then it means that the news means nothing at all, did it provide any liquidity, did it made FTX come back, did it cause anyone to get richer? Nothing really happened, it is exactly what it is a month ago and the only thing changed is that there is a news.

I am sorry but news can't make a long term change, this could be just a temporary thing, not just could be but I think it is but I wanted to give benefit of the doubt. So all in all I believe that it should not be really a big deal, and we should keep staying away from it.

Yea, I agree; FTT and by logic FTX had nothing that is saved or doing better, they are still considering and thinking and discussing and just rumoring simply. This means that nothing big should have happened, and the price increase is all due to rumors and speculation nothing more, they basically manipulated the price this way and I can understand that people wanted to see something much bigger and better due to this news and that is why the price went up.

However, it shouldn't and nothing changed I agree, this is why there is a bit of a fall from that, 2.4 to 1.9, but it is still in green for most of the week and I feel like people will keep buying as long as they think that this news will change something that didn't.

bittick

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if ftx as an exchange platform falls under new management then i'd always try to use their platform but if it's the same management like before then I guess i'd hardly trust this platform even once more.
the thing is, their ftt token heavily tanked, even this news doesn't change that fact, i'd definitely not gonna fall for the twice moment.

Bitstar_coin

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Quote from: Iyeman on April 19, 2023, 09:35:38 PM

FTX comeback soon Q2 this year. Im so glad to see that if there would be another chance for FTT to comeback. It will be very good if FTX will be under credible party. It's caused by FTX needs to make sure if the same case will not happen again. Different company, different owner.
I really love FTX in the past. i hope this gonna be real very soon. I cna't wait for FTX to come back.

Come back sounds good but will people be able to trust them again? am sure those who were affected by the collapse of the ftx exchange are still very hurt and have not fully recovered their funds.
It takes several years to build reputation and credibility and takes just a day to successfully ruin it. If they are able to come back, they will struggle to gain people's trust.

Iyeman

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FTX comeback soon Q2 this year. Im so glad to see that if there would be another chance for FTT to comeback. It will be very good if FTX will be under credible party. It's caused by FTX needs to make sure if the same case will not happen again. Different company, different owner.
I really love FTX in the past. i hope this gonna be real very soon. I cna't wait for FTX to come back.

Silberman

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Quote from: shinratensei_ on April 17, 2023, 05:17:08 PM

I'd say even if they did comeback someone one hardly trust them to even put their money in the exchange, maybe they'd gonna just use it temporarily and keep their money in other exchange, honestly in term of being an exchange they're just as good as binance but this incident has made a real big scar in their brand and definitely would make people so much reluctant in using their platform with big money. they can try regaining their customers trust again but I know it will never be the same. but one thing is more important is hopefully most of the victims of this incident are getting their money back. even this includes the ftt holders in which also incurred lose pretty bad. but considering the fact that their coin even increasing I'm guessing there are still some people out there that gonna trust them.

Every single business out there needs to have some level of trust to gain any customers, but there are some businesses in which the trust factor is critical, and exchanges are that kind of business, after all people are letting them to keep their coins with the hope to make more money while they trade, and many people lost their money due to the mismanagement of those funds, then even if the people behind FTX made an effort to get back in business they will fail as no one will entrust them their money again.

bitkanu

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if they really gonna make come back that's okay as long as they could reimburse their former users back in the past that incurred lost, whether they gonna regain trust of their past users again that's totally another matter, but i'm gonna say it's gonna be quite hard regaining the trust of people, regardless though as long as they gonna reimburse, it should be fine.

yhiaali3

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As far as I know, the affected FTX users have not been compensated yet, and I don't know if the new team intends to compensate them.

In any case, I think that FTX has lost the confidence of users and I do not expect the price of FTT to rise any more than that. It may be a pump made by one of the whales, but investors do not have the confidence to buy large quantities.

Strongkored

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Quote from: CapGelatik on April 17, 2023, 03:42:59 PM

I know FTT comeback and the price of FTT has also been impacted tremendously,
and yes the price of FTT went up 100% a few days ago when the news about FTX was about to relaunch and made the market Fomo,
but we also have to remember that FTX is really not be trusted again, if you are reckless then your risk will be much bigger.

Totally agree with this, a business that has failed and resulted in losses for many people should no longer gain trust unless we want to lose a lot of money in the future because of this collection of scammers. And exchanges that have had problems are almost never able to get back up and accept the trust of their users and this will also happen to FTX, the problem will be that they start with a new name and hide their true identity and this is exactly what we have to watch out for because they can still cause future damage.

Gladitorcomeback

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Quote from: newdevices on April 18, 2023, 03:04:41 PM

yes FTT can be said to be coming back but one of the most important things is the loss of trust,
after the terrible incident from FTX and causing FTT to fall -99% this makes holders and traders definitely feel annoyed,
yes if you want to invest in FTT go ahead, but you have to dare to take risks.

No one will believe this scam exchange more. A wise man cannot be pierced through the same hole twice. Ftx team has lost the trust of the people and it's will be very big to deposit and strat trading in this exchange. Every trader want a secure platform and secure token for his investment. This why dominance of the Btc is much higher because of its security. Now when people know that Ftx already scammed once and not refunded to old loyal users then how they will trust that theirs fund will be save there.

Ftt price pump was just because of this News and it's was just fake pump pushed by whales and its price backed to it's price again. The future of this coin is not looking good but if any big risk taker and have extra fund then there is small possibility for price to hit 20$. This is risky jackpot and not secure investment.

poodle63

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Quote from: newdevices on April 18, 2023, 03:04:41 PM

yes FTT can be said to be coming back but one of the most important things is the loss of trust,
after the terrible incident from FTX and causing FTT to fall -99% this makes holders and traders definitely feel annoyed,
yes if you want to invest in FTT go ahead, but you have to dare to take risks.

i'd say outright that investing in ftt already too late, it's only good when its value was down 99% now that it has recovered some of its value it just doesn't feel like it's good investment anymore.
these coins that have crashed massively only good for investment when they are still yet to be recovering from their crashing, basically only good when their value near zero, other than that forget about it. there are many coins that just better out there.

newdevices

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yes FTT can be said to be coming back but one of the most important things is the loss of trust,
after the terrible incident from FTX and causing FTT to fall -99% this makes holders and traders definitely feel annoyed,
yes if you want to invest in FTT go ahead, but you have to dare to take risks.

el kaka22

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This is a fake pump if you ask me. Because nothing fundamental changed and yet there is a news about it which means that the pump is a fake one. If the fundamentals haven't changed about the token itself, then it means that the news means nothing at all, did it provide any liquidity, did it made FTX come back, did it cause anyone to get richer? Nothing really happened, it is exactly what it is a month ago and the only thing changed is that there is a news.

I am sorry but news can't make a long term change, this could be just a temporary thing, not just could be but I think it is but I wanted to give benefit of the doubt. So all in all I believe that it should not be really a big deal, and we should keep staying away from it.

kaseygriffin

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IMO, If FTX users lose money because of a problem or technical error, FTX will take care of that and provide a refund solution to the affected users. Huh

Currently, FTT is the native token of FTX. However, FTX may launch new tokens in the future if they decide to expand their operations. As for the question of investing in FTT tokens, I cannot provide specific investment advice. It is important for you to self-assess and analyze the factors related to the FTX project, including its development potential, the project's contributions to the community, and the real value of the FTT token. This depends on many factors but here it should be noted that investment is always risky and you should consider carefully before deciding to invest in any project.

AmoreJaz

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Quote from: CapGelatik on April 17, 2023, 03:42:59 PM

I know FTT comeback and the price of FTT has also been impacted tremendously,
and yes the price of FTT went up 100% a few days ago when the news about FTX was about to relaunch and made the market Fomo,
but we also have to remember that FTX is really not be trusted again, if you are reckless then your risk will be much bigger.

if you got burned once, are you willing to risk again your hard-earned money on this team? i don't think so. maybe, if you still have funds to recover from them. play along and get your share. afterwards, don't look back. i believe it would be very hard for them to build their credibility again on this market.

shinratensei_

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I'd say even if they did comeback someone one hardly trust them to even put their money in the exchange, maybe they'd gonna just use it temporarily and keep their money in other exchange, honestly in term of being an exchange they're just as good as binance but this incident has made a real big scar in their brand and definitely would make people so much reluctant in using their platform with big money. they can try regaining their customers trust again but I know it will never be the same. but one thing is more important is hopefully most of the victims of this incident are getting their money back. even this includes the ftt holders in which also incurred lose pretty bad. but considering the fact that their coin even increasing I'm guessing there are still some people out there that gonna trust them.

CapGelatik

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I know FTT comeback and the price of FTT has also been impacted tremendously,
and yes the price of FTT went up 100% a few days ago when the news about FTX was about to relaunch and made the market Fomo,
but we also have to remember that FTX is really not be trusted again, if you are reckless then your risk will be much bigger.

someone703

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This return makes me doubt more than trust, how will they regain the trust of users? And what will ensure the past history will not repeat when they also have very good financial performance before. One of the things that I'm more skeptical of is that when they come back, it's probably a period when the market is starting to recover and the fact that there will be many new users coming in will not notice it. How wrong they were. Is that a sign of the next big deal in the market for the future, and indeed there are plenty of other quality CEXs in the market that would welcome a turn around but I don't have one either reasons to trust and reuse FTT in the future.

abel1337

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Quote from: Ultegra134 on April 17, 2023, 08:52:09 AM

Quote from: Johnyz on April 13, 2023, 04:33:05 PM

This could be just a rumor because imagine, its shady how they lose and recover that funds easily there’s a big trust issue already and better for them not to comeback but of course allowing the old users to get their funds back are more ok since I have funds with them as well.

Let’s just wait for their announcement if they really want to bring back that exchange and see what will be the reaction of investors to them, maybe they can have some or maybe many already learned their lesson with FTX.

FTX is yet to recover the full amount of the lost funds, which may derive from the liquidation of other assets, such as real estate. I believe that this update is true, but I doubt that the exchange is relaunching anytime soon. Supposedly, they have to refund their users, but that would require huge capital; it's a must if they're planning to restart operations since no one is going to trust them anymore for obvious reasons.

The only positive outcome so far is FTT's small recovery, which shows promising results for its holders and investors.

Even if they refunded those victims who lost their money on FTX, I highly doubt that they will still use the exchange even after refunding. The trust that the customers has on FTX really shattered after the scandal that their ex-CEO made. FTX should find a partner that can really bring up the morale of those victims. If they somehow really recovered from their situation, Being absorbed by some company is I think the best way to relaunch the exchange. If they really want to recover FTX, I believe that it will take a long time and they should do it on timing like relaunching on a bull market.

Ultegra134

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Quote from: Johnyz on April 13, 2023, 04:33:05 PM

This could be just a rumor because imagine, its shady how they lose and recover that funds easily there’s a big trust issue already and better for them not to comeback but of course allowing the old users to get their funds back are more ok since I have funds with them as well.

Let’s just wait for their announcement if they really want to bring back that exchange and see what will be the reaction of investors to them, maybe they can have some or maybe many already learned their lesson with FTX.

FTX is yet to recover the full amount of the lost funds, which may derive from the liquidation of other assets, such as real estate. I believe that this update is true, but I doubt that the exchange is relaunching anytime soon. Supposedly, they have to refund their users, but that would require huge capital; it's a must if they're planning to restart operations since no one is going to trust them anymore for obvious reasons.

The only positive outcome so far is FTT's small recovery, which shows promising results for its holders and investors.

tvplus006

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Quote from: AnonBitCoiner on April 12, 2023, 08:09:40 PM

A biggest Cex exchange FTX which was fallen bankruptcy in Nov 2021...

This did not happen in 2021, but last fall.
Regarding the FTT token, much will depend on who will eventually act as an investor in the revived FTX exchange. If these are new investors who do not have FTT coins, then it would be logical to see a new exchange coin.

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