seomaster5
Elite Member
- Oct 31, 2021
- 5,162
- 1,485
Have you started to doubt crypto completely because of this incident ?
How has FTX issue affected you ?
- Thread starter seomaster5
- Start date
Elvlin
Elite Member
- Nov 4, 2018
- 5,068
- 2,550
nope, i hope people that face this problem realize why crypto is good. DECENTRALIZATION.
honestly most crypto enthusiast will already see this coming not spesificly from ftx, it's possible for any cex.
basicly you put your money on other that have no rule or law binding it, what does they expect? even with law/rule people still find a way to steal..
decentralization, no trust needed, no need third party.
than people think i'ts great idea to centralize it put it on third party.
honestly most crypto enthusiast will already see this coming not spesificly from ftx, it's possible for any cex.
basicly you put your money on other that have no rule or law binding it, what does they expect? even with law/rule people still find a way to steal..
decentralization, no trust needed, no need third party.
than people think i'ts great idea to centralize it put it on third party.
Alvaro100Mendez
BANNED
- Dec 5, 2022
- 17
- 6
I think ftx is not anymore a way of making money
This decade will be the focus on energy and and tech
I don't believe other forms of investments
GoldenMerc
Junior Member
- Mar 18, 2014
- 112
- 35
Thankfully I never trusted FTX to begin with, something about them always put me off signing up.
Very thankful in the end I did not, would have been horrendous losing all deposits and its entirely out of your control.
Very thankful in the end I did not, would have been horrendous losing all deposits and its entirely out of your control.
Manuelmktg
Junior Member
- Aug 3, 2022
- 107
- 67
FTX incident was unable to even touch a single hair of mine.
D
Deleted member 657006
Guest
Ftx lost evertinhnk 28 billion in 3 days
Was in paper down to 80k was a billionaire
Was in paper down to 80k was a billionaire
Crypto Marketing
Regular Member
- Sep 16, 2022
- 448
- 335
FTX Collapse isn't a crypto failure. It's a failure of SEC, centralized finance.
zebestof230
Power Member
- Jun 7, 2016
- 617
- 322
Better than ever. I've seen it coming 24h before hand and told all HNWI I knew they should remove their money from FTX and sell all their FTT and Alameda related projects.
I'm a crypto investment advisor in the field and even tho more than half didn't listen, they now are very interested in what I have to say.
Even if I didn't make money out of it, my reputation got a boost and saved millions from people money.
I'm a crypto investment advisor in the field and even tho more than half didn't listen, they now are very interested in what I have to say.
Even if I didn't make money out of it, my reputation got a boost and saved millions from people money.
GiraffeBurgersAndFries
Junior Member
- Apr 17, 2021
- 113
- 356
Have not wavered. FTX, BlockFi, etc collapse is good. Crypto will come out stronger. I'm still adding to my positions. Regulations are coming, and when they do, you will see even more adoption 
belleXmedia
Regular Member
- Feb 15, 2021
- 241
- 191
How it affected me?
- I moved my crypto to DeFi wallets, cold storage back in the days when Binance started requiring KYC. Not affected from it at all.
- Affected emotionally because of people feeling bad, like you, or being disappointed from all of this causing a market crash and huge loss to big investors
- Affected emotionally because fraudsters get away with it, and still troll everyone on Social Media
I won't be surprised even if Binance fails one day, even USDT may fall one day, but that will definitely not be the end of crypto.
HustleTong
Elite Member
- May 30, 2019
- 13,466
- 10,661
FTX wasn't running an exchange tbh
It was a coordinated fraud to acquire assets with a backdoor
It was a coordinated fraud to acquire assets with a backdoor
belleXmedia
Regular Member
- Feb 15, 2021
- 241
- 191
Yeah I've read something related to this how they had backdoor access for stuff that even employees can't see, to fake some numbers, etc. Sad.
seomaster5
Elite Member
- Oct 31, 2021
- 5,162
- 1,485
What about the loss people failed ?
seomaster5
Elite Member
- Oct 31, 2021
- 5,162
- 1,485
So the trading funds gone is ok with you ?
JasonS
Elite Member
- Sep 15, 2012
- 6,007
- 2,881
Not okay, but sometimes you've to take risks, even though I've not lost a penny in FTX's case.
As I'm active in crypto twitter, there was a guy who lost 95% of his portfolio which was around $495k in FTX.
SalvadorDale
Abuse of Staff Members
- Jul 26, 2022
- 814
- 466
I don't use it. Binance