Will FTX make a comeback? - page 3. | Bitcointalksearch.org

YOSHIE

legendary

Activity: 2128

Merit: 1775

Quote from: Abiky on February 13, 2023, 09:33:26 AM

What do you think about this? Your input would be greatly appreciated. Thank you very much.

If, FTX exchanges can recover all their customer's funds, I think regaining the trust of consumers is not as easy as turning the palm of the hand, IN FACT, their consumers know that negative things like what is currently happening to FTX, can be done, what else in the future, the same thing can also happen again.

For this reason, whatever the FTX exchange does, they don't get the trust of the public anymore, they are already deterred and give up on the FTX exchange.

electronicash

legendary

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Quote from: PX-Z on February 13, 2023, 10:54:14 AM

Quote from: Abiky link=topic=5439724.msg61757159#msg61757159

If FTX pays its customers back, do you think it will rise to glory again? Or is it game over for it?

Well if they can recover the bankruptcy, pay debts in any way, reorg the company, do much effort on strategic ways on how they will make more profit than before, that's possible. But knowing crypto companies rely much more on crypto's trend and knowing crypto is currently in the bad shape. I don't think it will happen.

nope. they've done more than enough to crash the market leaving more disappointed people in crypto while they were friends with Gensler. they couldn't undo that really even if Binance will be destroyed by regulators, the alternative for users may still not be FTX.

who owns FTX this time now that SBF is bankrupt? there is a lot to do. the attempt to make a comeback is they realized it was a mistake to blow it and blame Binance for its fall. but now, Binance will dominate.

PX-Z

hero member

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pxzone.online

Quote from: Abiky link=topic=5439724.msg61757159#msg61757159

If FTX pays its customers back, do you think it will rise to glory again? Or is it game over for it?

Well if they can recover the bankruptcy, pay debts in any way, reorg the company, do much effort on strategic ways on how they will make more profit than before, that's possible. But knowing crypto companies rely much more on crypto's trend and knowing crypto is currently in the bad shape. I don't think it will happen.

Rikafip

legendary

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Quote from: Abiky on February 13, 2023, 09:33:26 AM

FTX was known to be the world's second-largest crypto exchange before collapsing in late 2022.

Was it ever that big though, or it was just a hype due fake volume and bunch of paid sponsorships? I might be wrong, but somehow I always thought of Coinbase as bigger and more relevant.

Considering the tendency of an average crypto investor to easily forget about bad stuff from the past, I wouldn't be surprised to see FTX coming back if by some miracle all users get their money back. At least, we could get another exchange by some ex-FTX people, but under new name. After all, this is crypto where anything is possible. Wink

Abiky

legendary

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www.Crypto.Games: Multiple coins, multiple games

FTX was known to be the world's second-largest crypto exchange before collapsing in late 2022. Investors were "rekt" and crypto/Blockchain tech got a lot of bad publicity. The company is now bankrupt, but SBF is trying to bring back customers' trust by "making them whole" again. If FTX pays its customers back, do you think it will rise to glory again? Or is it game over for it? I'd be surprised if FTX makes a comeback after so much disappointment from mainstream investors. If it does come back, it's going to need to change its branding just to help gather new investors into it.

What do you think about this? Your input would be greatly appreciated. Thank you very much.

Topic: Will FTX make a comeback? - page 3. (Read 436 times)