Bitcoin Forum

* ICE launches BAkkt ,a cryptocurreny exchange and warehouse solution
* a physically deliverable BTC contract, startingNov 18
* Custodial solution  (ie warehouse)
* Microsoft and Starbucks signed on to use the new platform for payments and accept BTC
https://www.businesswire.com/news/home/20180803005236/en/Intercontinental-Exchange-Announces-Bakkt-Global-Platform-Ecosystem
Source: https://twitter.com/IamNomad/status/1025364499757494272

Very good, this is a good development of bitcoin. If this really happens in Starbucks, there will be more and more Bitcoin users. I hope this is the beginning of the rise of bitcoin. but I'm still confused with Microsoft, why can he support bitcoin, even though he refused

thats a hell of a good news but until it is not official its still a heresay and a driving hype to newbie traders and investors. i hope its official though

Wow if it's true, that will be good news. this will attract many interested people and make Bitcoin increasingly popular.

This is probably the best news of this week among such unrest in the market. Both Microsoft and Starbucks partnering up with ICE means they are not only reliable but they are here to do serious business which means a lot of new people will get involved in crypto market.

This is a huge thing for the community. Corporate giants like Microsoft, Starbucks partnering up with ICE will definitely help them to come up with something that is likely to revolutionize the crypto scene forever. I hope many big investors will be interested along with the whole community.

It is tremendously good news for bitcoin users. Starbucks have agreed on the payment by using bitcoin. But about Microsoft, it is confusing whether it is only a hype or Microsoft really beginning a new way for its customers of payment method.

Wow is this true? Because if it gonna happen that starbucks and microsoft accept bitcoin for payment it was nice and confortable for every one who are using bitcoin and we do not need fiat money for payment because of the cryptocurrency or bitcoin as payment but the question is, it is all over the country using this as a payment because if it is its nice and very well. We are waiting for that on november.

If this really happens then this is the new era of bitcoin. Soon many company will also start transactions in cryptos then and people will know more about bitcoins and their alternatives and many countries will also accept them as well.

Microsoft and Starbucks are big companies that support positivity towards the development of bitcoin and crypto. even microsoft became a partner in several ICOs.

Starbucks is a company that always makes payment innovations. the collaboration between Starbucks and Bakkt will have great potential to maintain crypto existence.

and Bakkt's popularity will increase, because previously Bakkt's penetration was very small, because he only received alternative payments for Buzzy money.

With the involvement of these 2 big companies Microsoft and Starbucks is actually a great news for bitcoin and the supporters of btc that they had considered at last to be part of the crypto business.  I believe that due to the uncontrolablle mass adoptation and popularity of btc,these corporations are seeing great opportunity to earn good profit with bitcoin.

More recently, Starbucks management reported that in the near future they are not going to accept Bitcoins for payment. Therefore, it is better to wait until the news is 100% official.

No, Starbucks won't be accepting Bitcoin (https://www.cnet.com/news/no-starbucks-wont-be-accepting-bitcoin/)
Starbucks' Howard Schultz: A 'trusted' digital currency is coming, but it won't be bitcoin (https://www.cnbc.com/2018/01/26/starbucks-schultz-a-digital-currency-is-coming-but-wont-be-bitcoin.html)
But this article (https://medium.com/@dariageneralova_6831/can-you-purchase-your-starbucks-coffee-with-bitcoins-efe6e97c50e9) said that there will be a way once an app was already developed.

i think you will need more refference about that, a few hours ago, i just found out on LinkedIn that Starbucks won't accepts Bitcoin, at least not yet.
The fluctuating price can become a financial disadvantage for them, we just can't hope every real life store would accept cryptocurrency while the crypto itself is not stable at all.

They don't like unstable thing, so do we are. Right ?

More and more large companies are applying cryptocurrency payment methods. This indicates that Bitcoin is increasingly famous and increasingly sought after. At least, Microsoft and Starbucks have taken a good ledge in the future.

This may sound a speculation right now. But eventually, these two companies will accept bitcoin as payments. They will have no choice but to accept reality that cryptocurrency is the future.

All this supposed Good news and no positive impact on the price.  ::)

I think it will take a lot more time for markets to feel the direct impact of this good news. It is not as if millions of people will suddenly start buying bitcoins to buy Coffee at Starbucks.  ::) You might find that it would actually have a negative impact on the price, because some hoarders might be selling coins to buy coffee now. <This adds to the supply and most of these initiatives will use payment processors to convert directly back to fiat>  :(

Let's hope adoption will increase, if people see Bitcoin linked to household brands.  ;D

It is my understanding that Bakkt will allow people to trade crypto
into FIAT tokens to be used in Starbucks. Its not exactly enabling
Cyrpto useds to rock into Starbucks and pay directly with Bitcoin,
but its a step closer to that.

The Bakkt members are not accepting crypto directly but instead
they are accepting crypto changed to FIAT.

"Its first use cases will be for trading and conversion of Bitcoin versus fiat currencies,"

“As the flagship retailer, Starbucks will play a pivotal role in developing practical, trusted and regulated applications for consumers to convert their digital assets into US dollars for use at Starbucks,”

Reference > https://www.businesswire.com/news/home/20180803005236/en/Intercontinental-Exchange-Announces-Bakkt-Global-Platform-Ecosystem

This really is game changing news. Hopefully those people that bring their laptops and sit in the coffee shops for hours are crypto enthusiasts that will imply earn a few dollars of BTC and get a free coffee out of it

Nice, another good news again from bitcoin and because of this event more and more will learn and know about bitcoin. Hopefully in the long run, all of those big company in the world will accept bitcoin as a payment for their services and goods.

This is a great news indeed. Even before we saw giants like Samsung and BMW open its doors for the crypto as a means of payment. Having Microsoft and Starbucks on board is a great news too. These two do play an important aspect in our daily lives and their participation in the crypto is a good sign indeed

Aren't such news are denied? ??? It would be very good if they allow payments with cryptocurrencies, it would increase the profit of starbucks.

Microsoft and Starbucks are two companies that we engage with on a daily basis. Having the opportunity to make the payments through crypto, will not only let them have a stake at the market bu it will enable the people to showcase their interest in crypto more.

This news is a great news for bitcoin users and investors but this news is still grapewine but if this really happens then it will be a great step of bitcoin development and also help to attract newbies investors whenever this news is confirmed.

Wow great news , it's actually a good start. Let's hope some other big companies keep on coming !

two big companies are currently trying new breakthroughs to be able to make the most of cryptocurrency, this will be good for the development of crypto and this I think can be used as one of crypto's exploits properly.

If this news has been verified, great! Global companies as huge as Starbucks and Microsoft adopting the new payment platform is a big deal for crypto. The more avenues we could have using bitcoin, the more “normal” crypto will seem for society. Because practical use of crypto is the best way to promote mass adoption, right?

Wow its a good news despite of what happen on bitcoin. I hope thet will have a payment on on starbuck and also in microsoft avail apps for microsoft taste the coffee without using paper money its an advantage and digital mode of payment i hope many country will consider it.

This is awesome and such a good news to the crypto community in pushing the agenda of the global acceptance of bitcoin to be used as a payment method in the physical world. Gradually the goals of Satoshi Nakamoto would be realized..

Microsoft hard to final decide accept cryptos or not, earlier they accept bitcoin payments then cancel it.
If they accept it again, i understand how cryptos going to mainstream

Wow this is an amazing day for the whole bitcoin community. Just imagine the opportunities that is about to come for us because of these new acquisitions. These are the kind of news that I would like to hear since I'm a holder. I hope that this event will really inspire other big institutions to get in touch with bitcoin and accept the new way of payment.

Finally bitcoin has convinced big names to get involve in the system. I would like to congratulate and appreciate the people behind this signings as the whole bitcoin community will surely benefit from this. It is just as amazing achievement for the whole bitcoin and I hope this will pave the way for more kind of this news and other institutions might get interested in bitcoin too.

In my area me and my friends are already having this game of our, we are trying to predict and guess which company would be next to accept cryptocurrency after Samsung and BMW, Starbucks as well.

very cool news! guys are young, that start to be introduced into the crypto world! I certainly did not expect from such companies! I will be happy to follow the end result!

Microsoft and Starbucks involving in crypto currency is quite the news.The promising technology that will take the finance section of the world to a new level with the contribution of such companies.Recently I heard the news of BMW accepting bitcoin payment.The news keep getting better so do the technology and the lifestyle of mankind.

It is good news for the future of bitcoin, but In my view, it depends on the community who use the bitcoin as a payment. Also, there is a country which ban bitcoin to be used as a payment, such as Indonesia. So, The community still cannot use bitcoin to do a transaction in starbucks, I don't think that it is a really good news for the bitcoin future.

That's a great news. The Starbucks new partnership with Microsoft and ICE will allow the customers to pay for the frappuccinos with Bitcoin. The new cryptocurrency platform is known as Bakkt. I think it's an amazing news for the cryptocurrency community.

I like that! We live in the fascinating and challenging world of blockchain technology.