Bitcoin Forum

Hey guys, since bitcoin ETF is not still approved by SEC, Bakkt is the closest big event for crypto community. Do you think crypto market will pump?

Bakkt can be opening soon and there is already some good amount of buzz about it. Many are also wondering if this can instead be the panacea for Bitcoin that can possibly replace the dreamed ETF approval...or will this be just another bomb that is not able to explode? Of course, as a Bitcoin holder (I just got a little of it don't worry) myself I am hoping that this can somehow pull up the value of Bitcoin and the whole cryptocurrency market as we need more good news leading to the end of the year. This is actually worth watching.

I don't think so, it's true that many people are waiting for the Bakkt launch but I think they will be disappointed since it will not impact on bitcoin price as they expect in the short term.

I very much hope that the launch of bacck will give a new impetus to the crypto foreign exchange market and everything will be fine and we will grow again

Bakkt will be launching very soon, and it has a lot of hype going around about its potential effect on the market, however I think for all that is said there is still a lot unsaid and although bakkt can open new doors for the crytpo community by offering an entry for institutional investors who will likely by crypto assets in high value and hold for long crayon scarcity and then a increase in value

I am still skeptical about bakkt acting as a mechanism for the centralization of the crypto market.

I am sure that after launching the baккt nothing will change and everything will also be in the flat. wait for the start of next year

IMO, yes!

Though the hype is the same with ETF but I expected that will be rejected. But right now, it's different I became bullish now after hearing about Bakkt on December. Let's hope for the best one month from now so we'll be able to see the bullish trend again. This is the same as bitcoin futures last year which also contributed to the all time high.

I don't know about Bakkt and I don't think it's something big with great effect on crypto market :). I think the best news for cryptocurrency market is that China government is going to legalize cryptocurrency :). Although it's just an announcement for now but I think they'll do it for sure and it'll make this crypto market go to the moon very quickly.

Yes, my friend, the good news will come out in this conference, many times and BTC will go to moon . bakkt is a cric for the best information for the given BTC, then you like the trust to the return of the BTC.

I think that is great news and very positive for market. But last days we saw too many positive news and prices not effected. I think bakkt will not change our pathetic situation because still bear market continue in my opinion. I really want to see a bullrun and i hope bakkt will cause that but i am not expecting that soon.

It would have an impact to the crypto community for sure but only time will tell if it is going to be positive or negative. But i am bullish since it is almost year end and btc's price has not pump up yet which everybody is waiting for.

BAkkt will allow institutional investors to take physical ownership of cryptocurrency, setting the offering aside from many current futures available on the market but I have a feeling that it will bring small pump but nothing will big happen until we see ETF from CBOE that can be approved in Feb i guess!!!!

This is really an interesting topic that we should be considering because it is a large institution and big company partners are involved in the Bakkt digital asset platform. This will also have a huge effect on how we use and handle our digital assets. I think if this is really good, it will really help us on our goal to spread the news about the goodness of Bitcoin to everyone.

no need to hope for this platform as a single chance to start growing. we will definitely start to grow so there’s no need to worry if this doesn’t happen this year

I could be wrong but i think it will be better for crypto than and eft since they will apparently settle you in btc.

For the time being I have not thought so, even though after the Bakkt launch occurred, it did not necessarily have a big impact on the price of bitcoin. So I don't need to hope fully in this matter. Thank you.

Bakkrt is indeed will have some impact but I don't think it will have the impact some people think it will. I think the news coming from China will have much more impact on Bitcoin in this upcoming days. Whether it is Bakkt or china news I started to believe more that the bull run will happen.

im sure that the market will nor be pumped. I think before Bakkt we will touch 5800 and then may be we will go to 7500. But not pump

I think too many people will link dreams with Bakkt start. But I have some doubts about it. I personally don't wait any pumps from this event. I'l be glad to make mistake but if I will pessimist it can be simpler to trade on any cases

I never quite caught up with the optimism around bitcoin ETF as I don't see it as a future price stability system. With the risk of manipulations and constant rejection and the whole idea of a centralized system where the sec holds sway, I do not think it is imperative for bitcoin adoption.

BAKKT I believe can be very influential on direct bitcoin adoption and would have a positive long-term impact on its value.

this launch will not affect the trend of the market, only time can change it.

Bakkt will help wall street investors invest into cryptocurrencies, it will bring more money into cryptocurrencies, but is that good? Will be cryptocurrencies still for normal people?

Bakkt, Fidelity, VanEck and SolidX ETFs are coming, news are so good, but market is still crashing. Big instutional investors want to buy for the cheapest possible price and thats why market is manipulated and crashing for 11 months. Thats the reason and we have to know it. Do not panic and hold your coins, everything will be good!

I believe that this is a good reason for the growth of the cryptocurrency market. Bakkt is actually more important than ETF, so futures for delivery will be traded there. I hope this will give an impetus to growth.

Bakkt is going to be launched next month on 12th December. It will allow institutional investors to take ownership
of cryptocurrency. Hopefully it could be a start of a new bull run.

The Bakkt is more like some renewed optimism for a lot of people right now considering the fact that there's no certainty with the SEC approving any of the ETF applications anytime soon. Personally, I'm not expecting much

bitcoin is created without regulation, but can grow quickly and big. SEC and ETF is the way the Bitcoin community to become better and partner with the government. but if it's rejected, I think Bitcoin isn't a problem. bitcoin will continue to grow well. except the whole world forbids Bitcoin from circulating. it will be a different story for bitcoin. as long as the state does not prohibit. bitcoin will continue to grow very well.

Everybody here want that the ETF proposal will have a decision to determine whether it will give positively or vice versa to crypto market but for me whatever decision will come out, it will not affect give a big impact to crypto space because we already exist without it.

Yes I do, as I have observed that every time there is news about crypto, the market react accordingly since most of us want it will be approved to the SEC then absolutely will pump whether it will be a huge or not depending on the people's reaction.

I find this article interesting - BAKKT: FUTURE PRODUCTS: Bakkt Foreshadows ‘Future Crypto Products’ In Dialogue; Bullish Hopium   

Bakkt aspires to be the foundation on which firms like BlackRock, State Street (SPDRS), Invesco, Vanguard, VanEck, and Deutsche Bank create Bitcoin and digital asset ETF’s. Collectively the aforementioned firms manage nearly $4T in ETF assets. FOUR TRILLION...

Take a look at some commentary directly from Bakkt’s CEO, Kelly Loeffler regarding where Bakkt is headed – and we will highlight specific phrases that point to significantly more than just Bitcoin futures:

“Our goal is to make digital assets more liquid, trusted and accessible; allowing meaningful innovation to follow. Many in our space are working toward this objective.”

“By virtue of passporting ICE Futures U.S. and ICE Clear U.S. into other jurisdictions outside the U.S., institutions operating on a global scale can better serve their customers. Bakkt’s first contracts will be physically delivered Bitcoin futures contracts versus fiat currencies, including USD, GBP and EUR.For example, buying one USD/BTC futures contract will result in daily delivery of one Bitcoin into the customer’s account. This aspect of physically delivery adds to the utility of Bitcoin, beyond simply trading.”

“While there are many aspects of Bakkt that we’ll continue to develop and share, our initial focus is supporting regulated institutions in serving customers in this emerging asset class. The foundation on which we are building our solutions for buying, selling, storing and spending digital assets is not a piece of Italian Carrera marble, like the statue of David, but is built upon the time-tested, regulated futures markets — which have advanced markets ranging from coffee to gold for hundreds of years.”

“Key to cryptocurrency’s success is a trusted market price. We are working to create a regulated for of price discovery, which could open the door for other products around crypto.”

https://abacusjournal.com/bakkt-future-products-bakkt-foreshadows-future-crypto-products-in-dialogue-bullish-hopium/ (https://abacusjournal.com/bakkt-future-products-bakkt-foreshadows-future-crypto-products-in-dialogue-bullish-hopium/)

I'm also hopeful, but I think if BAKKT should be approved, insiders would be accumulating. And my TA shows no signs of accumulation. Tone Vays is right, we haven't reached the bottom.

I very much hope for this event and I am sure that the cryptocurrency market will start a rapid price increase

If you prematurely judge the market you will suffer losses, Bakkt has a strong investor, but this may be the cryptocurrency market in the coming year. Not the 2019 cryptocurrency market, I am not optimistic about the 2019 cryptocurrency market.

As the information I found out, Bakkt has been postponed indefinitely. There is no exact date for Bakkt to appear like before. And I think it will not be acceptable like the ETF

I don't think this is a big deal. This is just a simple communication. It does not directly affect the current market price. But this kind of news is very beneficial to the future cryptocurrency market. Bitcoin will still be expensive in the future.

I would take the bakkt  and sec stuff as a fake hope
It is not forthcoming
They keep postponing it
I don’t trust it

Bakkt is being presented by mass media as a next key event for crypto to give a hope to community. But I guess there is a pretty high chance that it's worth nothing and as soon as it's released the market could be dumped once again. Usually key events which influence the market in a very positive/negative way occur suddenly, without any expectation and warning.

I think that Bakkt can bring good growth to the market. However, I am not sure that Bakkt will happen in January. I think that he will again be transferred several months ahead.

It is difficult to say, maybe the market will start growing after the opening of bakkt, but when the bakkt exchange opens no one knows, they seemed to promise in January, but as I heard it seemed to have moved the opening again, we will wait and hope that bakkt will be able to change the market situation for the better.

As far as I know Bakkt is scheduled for Jan. 24, and I think that by that date big players will pump up the price and we will see the growth of the market, but I still think that on January 24 we will receive information about  Bakkt is carried over

Do we really need a hope liek BAKKT's?

We need something that Bitcoin and all other cryptocurrencies accepting globally. It may solve our problems.

For a whole year, the crypto community has lived only in hope. New Year, ETF, Bakkt, Futures, what next? Always the same thing happens. I do not think that the launch of Bakkt will make a big difference.

Of course there will be a pump, large investors need a loophole on the cryptocurrency market, which would allow legally buy cryptocurrency and BAKKT can become such a tool.

It's not happen in this month because it has already finished its ico and then a lot of investors have been putting a lot of money into the bakkt. It will happen in the future but don't expect for short term interval.

The launch of bakkt could get postponed but there is a limit on the amount of times bitcoin ETF can be postponed so I think bitcoin ETF will come first and maybe cause a small encouraging pump before the bakkt launch initiates another possible bull run

ETF and Bakkt may be big hits with market but I am afraid one thing is that if Bitcoin is considered as stock and everyone can mortgage to buy it, so whether the amount of Bitcoin will has no longer meaning??

I think that crypto market will pump if Bakkt starts operating.
And along with the launching, bitcoin etf will start rocking soon only if it approves by SEC.
All two events will make the market pump.

Yes, Bakkt can be a new hope for crypto and if SEC will approve than market will be pump and will grow more and bitcoin can reach at the price of $20000 and above in 2019.

of course, a new event will surely invite many interested people and the crypto market will definitely rise. whether etf is really rejected, I think it's still waiting for February.

Bakkt seem more plausable in terms of the chances of being approved.It is however not clear if it will have a huge impact on the price of bitcoin when eventually they kick off.It could end up being another whale manipulation of the market.Wall streets are experts at market mainpulation

If the SEC wants to agree on bitcoin then there will be improvements in the market, but the effect will also not be much if the interest in crypto does not increase and new investors will trust crypto.

The same thing you need deliberately, that is going to exactly happen if bakkt will come into action. Yes, bakkt will buy bitcoin from open markets and settle the contracts for institutional investors and this is the reason why people are viewing it as a new 'Hope' for bitcoin to be restored into its positive trend.

We cannot expect bitcoin to be accepted globally on its own. We need many business to adopt bitcoin at first place and then people need to have it either for using as money or using as investment opportunity. When more bitcoin promotions are happening in terms of this kind of business are adopting bitcoins, we can be sure about bitcoin to be accepted globally.

I am also believing in to bakkt will be bringing new changes into bitcoin markets. After bakkt, I am believing in to bitcoin etf to be approved by SEC at least in this year. If these two things will be happening then we can have a new ATH for bitcoin before the end of this year.

Definitely, this will make a big impact on the market value if bakkt launch happens. A lot of them are eagerly waiting to see a change this new progression will make a difference it's a new hope for sure but they are looking for a descent value in Bitcoin to launch.

BAKKT plus ETF and the lightning will bring the bitcoin value back to the moon or higher..
We should just wait for it and many merchants will accept this coin. many country will have it and accpet the fact that bitcoin will change the world.
We just need to wit more time, we are on it.

There's always good possibilities when things have been introduce properly and if the market will really being adopted by many, we are in the position that we are all waiting and hping that it will bring a  big impact to this industry, with how we ends last years corrections, investors and traders will find other means to continue believing that the market will grow once more, with ETF and BAKKT hopes still alive.

The Bakkt platform will allow consumers and organizations to buy, sell, store and spend digital assets in a smart global network. For example, it will be possible to trade Bitcoins, as well as convert it into different Fiat currencies. In addition, the Bakkt ecosystem will include applications for services and consumers, as well as solutions for trading and storage of digital assets. But at the same time, you should understand that this does not mean that the market will begin to grow the day after the launch of the platform, it will take a lot of time. And as a reserve for the future growth of the market, this is a huge step forward.

At the moment, this is one of the main hopes that the market can turn around and go up sharply. Therefore, the launch of the platform is expected in the crypto world. We are waiting and we believe!

You are right, we need to think about the current situation and If any positive sign is there then we are taking advantage of that and expecting a change in the market. Bakkt launch is a big hope as a lot of them believe it will change the fate of Bitcoin If this happens the entire market will recover.

I think people expect too much from the Bakkt launch. Of course, with the launch of the platform, we will get more tools and be able to exchange cryptocurrency for dollars or euros. But to attract new investors, it is necessary to show that cryptocurrencies have a great prospect and invest in them safely. Therefore, I believe that the most important for the growth of the market is the legal regulation of cryptocurrencies by the state.

Bakkt I thought this was postponed to an undetermined limit. I got the information canceled for launch this month. so it's like this and the ETH is a dream now.

BAKKT can open new opportunities for big investors and this is very important to bring new capitals in crypto market.

Bakkt is not just hope, it really is a ray of light in darkness, just like CBOE was, although if they are both allowed to legalize, it will be the most pleasant thing to have today, because the prices will be huge.

The value of Bakkt may be primarily informational and psychological. People will think that this will affect the growth of cryptocurrency and will start buying coins more actively, which can create a rise in prices.

I don't think bakkt will have much effect on the cryptocurrency market, though it will cause  a bullish sign but it won't moon crypto. i think the best shot we have is ETF and bitcoin havling.

It is better not to expect too much about in BAKKT dude..Though I knew that majority of the community here in this industry are relying unto it, but I think not enough and valid to consider it as our hope to make bull run happen this period of time. But I can't deny that once BAKKT become successful for sure many of the bitcoin or crypto enthusiast will be happy of course.

As ETF is still not approved people are madly trusting on Bakkt launch as there is a big prediction on the market regarding this. There is a group in this forum who are expecting to see a bull run if bakkt launch comes, Crypto is full of entertainment and drama these days I will be waiting to see a Interesting topic on this.

I think that any positive news can affect the growth of prices for cryptocurrency. The news of Bakkt is one such news. The main thing is that the dates for the Bakkt are not postponed again.

I, too, have high hopes for the growth of the crypto market with the introduction of Bakkt. This will give the entry of large investors into the crypto market, which will affect the prices for cryptocurrency in the direction of growth.

Of course the news about the opening of this trading platform will cause the growth of Bitcoin, but you have to be very careful after this event, perhaps a strong fall as after the news on futures.

from what I understood bakkt will certainly be launched, but I hope that they will not continue to postpone to infinity as in the case of etfs

If it ius approved, there is tendency we have an outstanding growth and if not, well, the normal process continues.
The main thing we need in the crypto space are project that will give us good working products and that to bring in more development.

The launch of BAKKT was previously set to 24th of January but it was postponed a second time. The launch time should be updated soon . It could bring potential new investors to the market  so it is an important launch for crypto space as it could influence the market positively.

Lots of positives in the community right now. There's the Bakkt ETH, Nauticus the exchange just opened trading recently bringing another huge exchange into the market + the Russia rumor today and hopefully the end of the bear market. Lots of positives to look out for.

Crypto pump will not be that significant after BAKKT launch. That's just hyped out by some members here very much.
We won't notice any significant changes in pricing after it gets introduced.

Waiting for the great outcome if good things happen and hopefully more investors will come and trust the market. I see this as big event since a lot of hodlers are waiting for the possible result. For now, just try to invest more since the market are still low and when the hype comes again, expect the price to boom.

I think that BAKKT can change the cryptocurrency market, but I don’t have much hope associated with it. The main hope of cryptocurrency is the developers and users who are trying to use cryptocurrency and blockchain platforms.

Yes they will become a gateway to bigger and institutional investors.
They will secure each investors because they have been in the business for a long time.
I'm really waiting for this time to wait though for the first days impact wouldn't be significant.
But I'm betting for a good long time with this adoption.

I'm sure that pump will be in the moment, he has already begun. Let's believe in the best. The price of all altcoins goes very well to the top.

Bakkt approval will surely affect crypto price with marginal pump ,of it actually get approved then things will change for good this year 2019 and we need ETF as well I'm just hoping no more postpones

There has been an awful lot of focus on the possibilities of a Bitcoin ETF and subsequently Baakt but for me, these are little more than temporary distractions that are in themselves manipulating the prices up and down with each positive and negative turn. We need people purchasing more Bitcoin and driving the price up rather than relying on a method to gamble on changes in price. So whilst it is a positive development in increasing crypto awareness I don't see it as the saviour of Bitcoin.

I still can't judge it yet, but I think that ETF adoption is only a matter of time, and maybe there will be better news in 2019. This exchange may come to be the largest exchange in the world. But now it is not predictable.

I for one think that now these are just instruments of manipulation of the market for major players. They give news and rule the time as they like. That's why I don't trust in such information.

I hope that the launch of the Bakkt platform will have a positive impact on the market, so I’m really looking forward to this event, the main thing is that there is no next transfer!

Bakkt is a hope as much as the Consensus 2018 was a hope. Single event, single exchange - minor local developments can't bring huge hype.
An advancement in the technology can. Just like the smart contracts did. They created a whole ecosystem.

The launch of BAKKT will occur in the midst of the financial crisis, perhaps it will be the fact that many large players decide to transfer part of their assets to cryptocurrency. And this will provoke the strongest growth.

If I understand correctly, the launch of the bakkt, which was scheduled for January 24, is canceled indefinitely, but why are you so sure that the financial crisis will come and the launch of bakkt will be at the same time ??? I believe that the launch of this platform may affect growth, but it will be insignificant.

The hope that today we have left is the complete legalization of cryptocurrency as a valuable asset, even if they will not allow using cryptocurrency as a means of payment, but it seems to me that now it would be cool to use it at least as a value.

Of course BAKKT is new hope if we know that tech giant Microsoft and Starbucks have partnered to launch it.
It will look to develop an open, regulated, and global ecosystem for digital assets. With launching of BAKKT  institutional
investors could potentially enter the market   and that would be a game changer for cryptocurrencies.

Is it a big event? Yes.
Is there a possibility that there would be a positive impact on Bitcoin price due to FOMO? Yes

But one thing we need to remember is that the market has been mostly unpredictable. The impact could even be negative. True, there is a chance, but I don't think it is enough

Of course. I look forward to SEC and BAKKT. I am sure that this will help the cryptocurrency market to soar from the dead. The influx of new investors can not have a positive impact on the crypto market.

This is the most promising update of the whole year, because it should open up the bridge for the big buys and for masses to get their first crypto currencies. Hope this exchange will launch as soon as possible.

Bakkt affect us so much with regards to the price and so it should also bring hope for us.  ;D

I think Bakkt will a new gate for many investors go into this market and will promote market to grow strongly in the future. Hope it will be implemented soon

I think as many believe in the impulse of the ether after the appearance of the fork, and here. But so far, in the rise of the market and the general impulse is hardly believed, as much as 5% we practically do not feel.

Bakkt is just the start. We just need those trillions of dollars going around in stock markets and forex and all that institutional money coming on our way a bit as well.

If we can manage to attract that type of huge investors that would mean the price would skyrocket instantly, think about it we have about 2 billion dollars daily trade volume and that would be just 10-15 banks all together combined doing trading in bitcoin alone, with 100+ banks and investors doing trading on bitcoin we can reach to 20+ billion dollars daily volume which eventually will be balanced and price will be stable at one point but until that moment the chances are the initial increase will be x10 as well, bitcoin will probably reach to 40-50 thousand dollars first thanks to the new money coming into our market and that is why we are so excited. Of course that won't happen in one day but it will happen in the long term.

I hope that the launch of the platform will help the cryptocurrency market to attract more investors and start another growth!

Yes, I think that the launch of BAKKT will have a positive impact on the cryptocurrency market as a whole. However, one should not expect rapid growth due to this event. Other events are also needed, for example, the involvement of cryptocurrencies in everyday payments, the popularization of ideas, etc.

People need hope. This bakkt is something like this hope. But why do you think that if big money comes to the market, then everyone will get rich?
Big money will come to the market to become even more. Due to our money. Get ready ;D.

Yes, bakkt As far as I know, there are a lot of whale investments here, such as Google, Alibaba, IBM? If this is true then it is very good news for Bitcoin. Perhaps bitcoin will become very expensive after 3 years.

This is how life is bro, the idea is to look for hope even when things look a little bit bleak. Bakkt so far is the new hope which a lot of people tend to believe would bring a possibility for the market to at least have some pretty good relief rally. Nonetheless, we just have to wait to see how that would necessarily turn out eventually. Global acceptance is not something we will actually just get to see overnight, it is a gradual process, and this should be a start I think.

Well, as things are now, we can only think and assume possibilities until the main scenario tend to happen and we get to see the market reaction towards it. Sure, there is no doubt that the market has been living on hope, but to think of it, if there is no harm in people trying to look for hope even when it seems there is none. We just have to wait to see how this will be turning out when Bakkt launch and that is when we will get to see if there would be any reaction based on that positively, negatively or no reaction at all.

may be Bakkt can give some impulse for the cryptocurrency market but it won't be a silver bullet for it. there is a need for wider adoption of cryptocurrency.

The hope that the market will go up is really there, because now the market is really weak. It is these events that should make people believe in cryptocurrencies and believe that our world is not something bad, that we can make the world better.

Bakkt has every chance to lift Bitcoin from his knees. The relevant propaganda among the population will also be important.

When launching Bakkt They have to buy Bitcoin directly from the Market, so When Bakkt launches there can be a good demand , But this will be only for Bitcoin but not for Alts . But I don't know whether Bakkt can turn this massive bear market upside down.

I am sure that Bakkt will positively affect the market, perhaps this will serve as a new impetus for attracting large investors which the market lacks so much.

Well, Bakkt might be seen as a sign of relief, which is yet to manifest, but that does not mean it will be approved. We have long been waiting for the bitcoin ETF to be approved, yet nothing is seen of it. What assurance do we have that that will not also follow the same line of action.
The best you should do is, deal with a coin based on it's quality and not depend on an approval from anywhere.

There is a lot of poetic news. But. What does the market tell us? He began to fall again, which means perhaps this is not a solution to our problems.

Yes. I hope bakkt can change the current bearish trend in the market. It will increase the demand of BTC. But do not expect a bull run or massive increase. 

I think so, just some quick information about bakkt.

Bakkt will be a platform/exchange that will enable institutions to buy and sell digital asset

Why so much hype about it
Bakkt has got some successful history with the NYC, and Wall Street guys in trading

It is believed that, the launch of Bakkt, will bring in more institutional investors to Crypto

Well it depends
But i don't see an instant market pump on the pre release of bakkt

I mean not at least some time after the launch
It won't really move the market and start the bulls instantly

It takes time to test whether it is something

That doesn't guarantee that bakkt will make the pump market but it will definitely make changes to crypto prices, and the size of the change I can't predict but certainly is that bakkt is a good event that will make crypto more likely to rise, it triggers but the explosion hasn't certainly happened

i think yes. because they are trying to do mass adoption for crypto. already big companies like microsoft and starbucks are ready for it. lot more other companies too. so millions of users will start using crypto. so i think good times ahead.

I think it will have a good effect on the market, because it is will be like a trust placed on cryptocurrency and this will surely bring in more investors.

Exactly, we don't know when it will be for sure. They usually make delays., I think that it will be good for market at all. As I heard The Bakkt had already raised 150 millions$ from private investors.

The new hope for cryptocurrencies has always been that cryptocurrencies are now entering a bear market, but there is still a large amount of capital investment in cryptocurrency exchanges, which proves that the future of cryptocurrencies is bright. So I think buying bitcoin at a low price is correct.

I literally counting days till the bakkt launch, because it should push the market forward. The market has become bigger and we need a really big update to make the market turn green and this is going to be an awesome update.

I wonder why people already forget about, for example, CBOE, which by the way also has great potential, of course Bakkt probably has more options, but on the whole it’s an ETF and generally the same thing.

I really don't know because at the moment the cryptocurrency market is really full of manipulation and it's very difficult to guessing price, even now Bitcoin should have increased because there are a lot of good news but still the market crash  again.

Bakkt isn't executed for now so we really don't know what could be the effect once done. Everything we do, still of being decentralized in nature will remain. Not so hard to accept of its volatility, and we even engaged this thing many years ago and so until now. 
It could be more to happen in the future, just keep excited as well.

Bakkt is interesting because it allows people to buy, sell, trade, and use cryptocurrency without owning it. They can use Bakkt, a non-cryptocurrency entity that assumes most of the risks and liabilities. At first this will simply enable institutions and large investors a place to “safely” transact with clear rules, regulations, and expectations.

This is a lot of talk, but unfortunately the launch of the platform is postponed time after time. Let's hope that this year it will happen. Especially since one of the richest people, Lee Kashin, also invested in Bakkt.

Bakkt is a huge good news for the recent downturn, although I don't think Bakkt can reverse the current bear market, but this can bring new confidence to investors, we have lost too much confidence in the bear market, such a The news is now very necessary.

All good news can be make good impact with the price of Bitcoin, the more mass adoption will be more demand for crypto. I have also BAKKT will be become trigger of bull market, and others Bitcoin ETF will approved by SEC.

Good thing if BAKKT and ETF will get approved because it probably gives a mass adoption on Bitcoin and other cryptocurrencies. These implementations will give more legitimately on the entire cryptocurrencies especially on the main digital currency(Bitcoin). Then, yes, that implementations will give hope on us that probably will contribute to pumping the price on Bitcoin.

BAKKT, ETF those are only a way of manipulation. None of this is required for having a bullish market. The growth will be come after whale having their willing amount of bitcoin in their bags. So, those are only here for making the market bearish.

it may be true that the BAKTT and ETF are always delayed so the altcoin price is slow to rise, but I think the increase in crypto depends on market demand. or at least large investors also contribute to rising coin prices and other factors such as positive news are also important.

I don't think so, anything that will help to increase adoption should mean a bullish market because it will help to increase the demand of bitcoin.
You know when demand increases that's where investors are happy, so it should be bullish but if it will not be bullish, that means price are manipulated.

Correct.
Bakkt, if approved, will create a one-day news cycle and hype things up - then it's back to normal.
And that hype might be all for BTC, and we might even see alts being dumped for more BTC - by people hoping to rebuy their alts on the next day.

maybe yes, because I hope that Bakkt can indeed make crypto prices rise again, because with Bakkt I am sure that can make investors believe to investing in crypto again, so that with the return of investor confidence to invest in crpyto, then it can make crypto prices rise like in 2017 or even more than that.

Yes, it is an important point. Bakkt will help cryptocurrency (cryptoassets respectively) market to come closer to standardized asset/currency market that is much more acceptible for large and institutional investors.

I still can't figure it out why many believe if there is no effect btc don't have movement and what if bakkt gone and no other effect or activity will btc die ? NO , it will continue to raise and dump when its time to dump can't people see the past and know that nothing can make it pump to beat ath for now until it complete it retracement in the cycle of market .
Before it was December something and now another thing , I see those effect as a way to manipulate the price and not let the do process take effect.

If you ask whether crypto will pump? the answer is yes. But we are all here believing that crypto will have a new round in 2019. Crypto prices, especially bitcoin, will be higher than 2018. I am sure that will happen.

I believe that Bakkt is able to bring new hope to the cryptocurrency, thanks to him, the cost may increase this year. I think he will allow to return faith in investments for sponsors, we expect better.

New hope for what? For the new bull run? I guess no, because the news about baakt has appeared earlier, but no market return happened.

You are right, the news appeared earlier, but in fact this platform is not yet operational and the official start of its work has been postponed. Therefore, it is hoped that when bakkt will work, it will attract new investors.

Bakkt is meant to increase the adoption rate and boost confidence of institutional investors to increase fund in the space. Bakkt is a platform for more crypto-fiat exchange or conversion, it will create an avenue for new investor both big and small. Bakkt already has enough institutional support on difference phase and high level.

Bakkt really have great support now, if everything works out then the crypto market will be able to live a new life, is it a question for how long? I hope that institutional investors will not be afraid to enter a market like crypto.

The effect will be quite inevitable if approved, but i just keep wondering if it truly will be approved. This might be another hope that is yet to come, looking at the was SEC is also just being postponed.
Waiting for its approval, might be an endless waiting. Well, if it is eventually approved, that might be another good hope for the crypto space, because it will have positive effect.

Bakkt and ETF are 2 hopes for us. I think you will be more interested in bakkt and opportunities provided by Bakkt, but firstly it is time to make a good portfolio. If you have one, then wait for bakkt)

I can only hope that this will make Bitcoin and the market grow, but as a rule, in 2018 and 2019(?), the news ceased to have a positive impact on cryptocurrencies.

I guess it will be a good sign or start for a bull run, because the formation of Bakkt is the most exciting piece of cryptocurrency news I’ve heard in a long, long time. Not only will this serve as an institutional trading platform to usher in family offices, hedge funds, and other institutional investors— it will also increase adoption of blockchain amongst retail investors, with a user a friendly platform and trust established through the credible names involved.

Many people believe that these companies: Bakkt or Fidelity will cause bull market on cryptocurrencies , but these companies will again only help wealthy to earn more.

They have prolonged the launch one more time till the second quarter of this year. But yes, I believe that the Bakkt launch will push the industry and will provide a lot of new investors that are not familiar with crypto industry at the moment.

Definitely, these people will are the big hope now as the market is continuously struggling to prove its best. A lot of them are eagerly waiting to see a pump and hopefully there will be a bull run this and let's believe this will happen.

Bakkt again will transfer to the spring. US law allows you to do this. There, some body has not worked for them for a month.

I always like to device a plan B, that, what if BAKKT also delays.
We should not depend on all these bodies, SEC, BAKKT and the likes, to determine what will happen in the space.
They might intensionally delay, for their own gains, because they know that the more they delay, the more the coins plunge and for that, they will be able to buy at cheaper rate.
So immediately they announce, the price will increase and that eventually brings them profit.

I think that every regulation from several agencies that accept or reject cryptocurrency will give an effect on price movements. About bakkt, I am not really following this news, but many people who consider being accepted will give a new bull run to the market, I will believe that.

I'm not totally backing on Bakkt approval to restore the bitcoin market or initiate a bull run market, we have admit the chance of the disapproval of bakkt and seek for other alternatives.

I don't think so, Bakkt maybe only affect pump the market for several days then everything will be dump again. The one thing can affect the market will Bullrun maybe ETF BTC Approval by SEC, if ETF can be approved it can make interest big investor invest in BTC and another crypto. Of course, Bullrun is possible coming...
IMO

All positive news that will bring new investor and new money can be become trigger for next bull market. I think BAKKT and Bitcoin ETF will create next bull market, we can see this when Gold ETF approved, the price of gold skyrokcet after SEC approved it. Bull market will be coming soon or later because crypto market still young and will be keep huge in the long term, with more many adoption and more company using blockchain technology the market cap has potential to surpass $1 trilliun in next 1 year.

I guess that the Bakkt developers will postpone the launch of Bitcoin futures until the summer 2019. Their decision mainly depends on the situation in the global crypto-exchange market. I'm glad to hear that they focused on Bitcoin as a highly-liquid commodity recognized by CFTC.

In any case, the company will release their product someday. I believe and hope that this new trading asset will become a strong driver for growing Bitcoin.

2019 is sure starting off very, very slowly with the Bakkt launch now being delayed further by the prolonged government shutdown there's sure to be a bit more stagnancy ahead before the real action begins and things start to move upward in this somewhat subdued market climate

I don't really know what exactly is Bakkt, is it an additional platform for bitcoin in some ways? Or something that can raise the market of bitcoin as it welcomes investors around the world?

don't forget the Russian plan to buy bitcoin

It's depends on the crypto market situation but the team has said due to the US shutdown and then they are deciding to delay the launch of BAKKT. It has stated in so many articles and you can read them all in the various crypto news sites.

It will be good if this news is true but based on what I read on some articles this rumor has no basis since the Russian government did not make any official announcement regarding buying Bitcoins but I'm also hoping that it became true because if this happens more countries will follow that could give a good results in the market.

They have not yet released any statement regarding it and that looks like only another rumour. They are supporting bitcoin through legalize the bitcoin mining operations.
Just curious the next news that will give a lot of clarification regarding this rumour.

Yep we will have green but dont think big pump but maybe market would recover step by step and i think its more better than any pump and yep from one side all we lost money in 2018 i had 100k + with my coins now their price is 8-9k but market started stabilise its good for instiutional money they would join i belive,afther Bakkt more faster.

No more things happen in cryptocurrency even bakkt and bitcoin etf got a positive result. Unless, if those whales whom withdrawn their money will go back in cryptocurrency again. Will it pump? That is always the question comes to my mind because we just experience a short term period of bull but a long term of bear. We are eager to see a full green on market again.

IMO, Bakkt should at least have some impact on Bitcoin price but whether price can pump to the previous ATH, I think we have to watch the market after Bakkt launched. Hopefully, we can see Bitcoin back to previous ATH and higher.

It seems to me that Bakkt will not immediately bring results.  Most likely we will have to wait some time!

Yes, look at the other try. If the news about this does not help cryptocurrency grow. What do you think that it will grow after that? I think this will not help cryptocurrency, and soon everything will end. I'm not a pisimist, but it's enough to see what brought 2018.

There's no confirmation and verification that it's an official statement from them.

All in all, it's just a rumor.

it's very difficult to predict bitcoin going pump or dump because most bitcoins are held by whales and it's very easy to make prices go up and down. I haven't seen any information about bakkt, I guess if it's not, then the bitcoin price will rise.

When will they start the new hope?

As for me, I can't wait the Bakkt launch as it will be a huge step towards the integration of blockchain into our everyday life. This event will definitely have an influence on the cryptocurrencies prices.

Probably it will be but of course no one yet is sure what will happen in this crypto market. A lot of news happening this year for btc and it can be either good or bad. Well as a btc holder and believer i still beleive that somehow btc will be able to recover this year perhaps not as good during 2017 but i keep my fingers crossed that somehow the events may help btc and crypto to be known again.

although I believe that the market will not continue like this. but times like this are very difficult for me to stay afloat and see what happens, because all the moves are always scary

Bitcoin didn't ever need ETFs, Bakkts, wallstreet bonuses, chinese new years, corporation moneys and other wannabe catalysators to grow up from 1 to 3500. Why would bitcoin need all this things to grow from 3500 to 100k? The only thing bitcoin needs is to pay rent and food for it and we are good to go up.

I have big hopes, but I am afraid as well. They have postponed their launch multiple times already and I do not see any reasons why they would not repeat this again. Lets just hope they will keep their promise and will launch in April.

from what I understood Bakkt was postponed, was some official news released? I have not been able to find reliable sources

Yeah I think that bakkt is really a hope.  And it is sure that bakkt will come to this space. But the problem is they are delaying one to another date. But in a recent news they announced that they just raised some money from some big investors. And that is also a big move. I think they are waiting for a good time for launch. And many good news come in recent days and bakkt is one of the biggest project to entering a great news.

The latest news generally does not make people happy today. I hope that they will regulate the news background, you understand that this way negative news only causes an increase in the number of short positions.

Recently CBOE has withdrawn proposal for VanEck Bitcoin ETF, if also Bakkt will delay its launch again, the disaster will happen, as Tone Vays says: we are going to 1k.  :-\

Yes, this is a very important event for the cryptocurrency market. Because big money will come to the market.

after 2018 delay now this year also we are seeing the delay in launch Bakkt is as usual delaying the launch so the uncertainty in the market is continuing

Bakkt will probably not be any type of savior. They are offering a one day physically settled BTC future as their primary product. Their goal right now is to get the simplest form of a typical ICE future (they are owned by the ICE, they tend to do physical futures) functioning and regulated and then work on scaling up.

They won't make any actual impact anytime soon, however, the products they are trying to bring up could amount to some small positive sentiment as a signal to the ecosystem about how the US securities and futures regulatory bodies will handle crypto.

I think Bakkt is almost the same as an ETF, this will never come true. so there is no new hope for the crypto market before mass adoption really takes place.

Probably now it’s no longer profitable to talk about possible hope, because now there are serious problems with trust, that is, with the reputation of this market. Now it is generally normal.

It is a new hope, but is getting delayed every time. They have promised to launch this exchange several months ago and now the launch date is in the middle of April.  Lets just wait and see what happens next.

yes, maybe it's a new hope, but the problem is when Bakkt will be launched. it's almost the same as the ETH bitcoin that is experiencing delays. many people hope that this will make the market green.

Yes i think this can be a new hope, and if all go on a good trend then the bitcoin can grow and also the legit projects will grow and will help all holders to make some profit and new investors and new money will come again on crypto.

but at least it's good for the market, maybe the impact hasn't been felt at the beginning. but for the next few years this will make new investors trust Crypto more

Let's be hopeful the Bakkt will be approved. However, until now no positive news when it will be approved and they always postponed. Hoping to happen it this year and major price pump in the market for sure. But the market continue to go down and the Ethereum update was postponed and set to another date.

I would not rely on bakkt to positively influence the crypto market. That is why i do not expect a pump on the crypto market because of bakkt.

To be honest, I don’t think that now we need to hope that Bakkt will really be able to help us realize the very necessary element in order to start the process of introducing a lot of money into the cryptocurrency industry. You understand that all this is not just.

It seems to me that only large amounts of investment can correct the current state of the cryptocurrency market. We have never been at the bottom for so long yet, and in order to enable many projects to develop, we need to improve the situation in the cryptocurrency market. But this must first happen due to the interest of big business in cryptocurrency.

I also think that the launch of Bakkt will not have a significant impact on the cryptocurrency market. I am sure that growth will be when the manipulator decides to make growth.

None of the events can provide a pump for the entire market, whatever that is (Bakkt, ETF, fork, ...). For big rise, this can only be an auxiliary event.

I think ETF is the main thing in this ecosystem to reach in new heights. But at this moment we are not sure about ETF so bakkt is one of the biggest thing we hope for at this time in this market. And I think maybe they are taking some time for launching the platform but that is very fine. They are also doing business so why they launch their platform when market is down. But they will surely become maybe 2 months or or 2 years it is confirmed that they will enter the market at a point. And they already done the initial fund raising. Just hope that they will come as soon as possible.

BAKKT just release their Q4 result and the profit was very impressive without Crypto, I just hope these just indeed bring their institutional friends and money into the space, we don't want a situation where they would be taming the price of BTC, they should allow market forces to decide the price and since we are getting more  people into the space their price should increase which is basic law of demand

If the market has shown such a reaction about a theoretical acceptance of ETFs, just imagine what an impact the Bakkt launch would have on our market. Cannot wait for official announcement to see the market flying.

It is not clear why to take Bitcoin (as a technical project it is outdated), it translates for about 10 minutes, take a faster coin. You don’t need to think about the place of a round wheel square, why these freaks from the government are trying to subdue the coin. Hands off the lock. Do not support projects that are trying to subordinate and influence the blockchain, you are killing the meaning of its creation.

As said by the Binance CEO in a tweet, we do not need anything like ETF or BAKKT. These are the things that keep killing our hopes in the crypto industry. Crypto can grow without these things so let's hope that the market recovers earlier than we would expect it to.

Hopefully the pump has already begun. I don't think BTC will get to more than 5k level, but if so it would be great move. Of course I think bakkt will bring a lot of big investors and it can be the reason of new bull run, but also there are a lot of other custody and ETF solutions which can be the reason for the bulls to come.

I haven't heard about Bakkt this year. Was it actually launched or yet to? The noise should have filled the whole place by now if am right.

At the moment, all hope for ETF and Bakkt. I think this should stir up the market. On the other hand, the market should still have time to fall to its bottom. And also do not forget about the complexity of the bomb.

Not yet mate. Refer to these news:
NYSE Operator’s Crypto Platform Bakkt Finalizes Its First Acquisition (https://cointelegraph.com/news/nyse-operators-crypto-platform-bakkt-finalizes-its-first-acquisition)
ICE Calls Bakkt Its ‘Moonshot Bet’ on Bitcoin and Crypto As Company Reports Record-Breaking Earnings (https://dailyhodl.com/2019/02/08/ice-calls-bakkt-its-moonshot-bet-on-bitcoin-and-crypto-as-company-reports-record-breaking-earnings/)

The atmosphere of the market is gradually changing and receiving a fresh her, as the ETF is heard to come up soon as announced by SEC. This is a sign of another  height again I the market.
The uptrend for this year might not be equal to the ATH of the last bull run. All the same, there will be an upsurge.

I do not have high hopes for this. It seems to me that this will slightly affect the cryptocurrency market as a whole. But I could be wrong.

They promised it by January and they have promised again to pursue it by last week of February. It won't be surprising anymore if they will have another statement that they have to delay the launching. This doesn't look new anymore as it gives excitement to the people and can surge market because of high hopes by most investors.

Once again, I read the article today and they announced that Bakkt will be delayed and will be released by the end of 2019. Like ETF when Bakkt is always delayed, I seem to have lost my mind believe in this market. With this information, I believe that in the next few days the market will continue to fall

but many rumors said SEC Commisioner will approved ETF.i think this is the most important thing at this moment, no matter although BAKKT launched postponed again.let them prepared their system well, so there is no problems appear when it launched , moreover their customer was big institutional investors.

I think these media news are just decoy of big sharks. Whether or not ETF or Bakkt, the market is all under control of them

Leave those thoughts about bakkt or ETF. Market is manipulated and lots of investors are disappointed. That's why the market is getting bearish. As soon as they will come back, market will be okay. It's not like that they will only come if bakkt get approved.

All this BAKKT and ETF's news is just a manipulations to point the crypto market in a convenient direction. The best way for now is to research market for a new trends and fresh ideas, find opportunities to earn money even on the falling market and not wait a miracles.

I believe bakkt approval will bring a whole new change for cryptocurrency in general,bakkt and ETF is far from manipulation to me became I believe regulations is needed badly for cryptocurrency to trend higher

Don't stop believing in this market it's part of their strategy to make every person excited and crave for that pump. We're on the capitulation period and people are starting to get the idea that we are going to enter the bull run very soon. Wait for that time to come and don't even lose your patience just because of it.

Irrespective of the time that bakkt or etf get launched I believe this two event will be a big milestone in the progress of cryptocurrencies in the future because with etf regulations will be in place to guide investors while with bakkt institutional investors and large investors will be able to invest their money into cryptocurrencies and the technology.
Already facebook amazon google and other big companies are leading investing in blockchain so I think the future is bright and there is hope

I think investors' expectations for the growth of cryptocurrency, and first of all Bitcoin, after the launch of BAKKT are greatly exaggerated. Most likely, because of the SEC counter-action, the BAKKT platform will not be launched in 2019. Even if it is launched, it will not have a strong effect on the growth of crypto tokens.

There is hope for cryptocurrency as many bigger companies are getting into crypto space ,bakkt on the other hand is over exaggeration but all the same it will make sense but doesn't mean crypto won't survive without it

I agree with previous speakers. It has long become clear that such events as Bakkt, ETF, fork, Conference Blockchain, news about the laws of crypto, are secondary. Nothing can move the market in the long run. In addition to the interests of large market players. Unfortunately, this also applies to cryptocurrency market.

I think the whole anticipation of Bakkt to moon cryptocurrency is over rated, Bakkt will definitely have a good effect on the cryptocurrency market has it will give cryptocurrency a trusted sign and bring in more investors but it's effect on the general market will just be a little bit of pump. Say like btc price growing to $4500. The real game changer is the bitcoin halving that will take place May next year, it will moon cryptocurrency.

Still, I hope that will affect. Why ... A market reversal is needed, and one of the events will come with this. So it's better to keep your cryptoactives, and wait.

I think Bakkt might be the alternative we are waiting for to boost the cryptocurrency market,the cryptocurrency market needs efficiency and trust to survive,that's what the investors need to participate in the market.

It seems to me that the market is quite capable of returning to growth without these events, because more than once we have seen growth without them!

I think that only the regulation of the market can lead to market growth. And the influence of major players is no longer as high as it was in 2018.

Most likely, Bakkt will be a new impetus for the introduction of a huge number of funds that the cryptocurrency world is waiting for, but judging by the fact that today there is a very big price hike, it seems to me that Bakkt will not be the main reason for the growth.

it will be the hope of all crypto currency activists because with the launch of BAKKT, it will make investors re-interested in crypto because BAKKT products seem to be a more accessible way, also safer for skeptical institutional investors and when that happens there will be a purchase mass from large investors and that will trigger a bullrun

BAKKT can become a launch for new bull run but I really don't know when it will . be launched..to many delays in last months..I'm quite loosing hope.

In fact it bakkt could be a worthy substitute for etf that seems to me still far from approval and could be the triggering element for the start of the bull market

I am sure that the whole industry will explode when they will finally launch the Bakkt exchange. The market is hot and it is counting days to launch the rocket. We only need some more big positive announcements.

Yeah I think so. Bakkt  is already itself a very big project or the company. So when they will Launch it put a great impact on the present market. But the whole market conditions are very bad for a long time. And that's why they are delaying the whole project.  Thoug they already collected some money from many investtors. So we are sure that the bakkt will be coming one or another day. And the launching I bakkt is fine for me.

Many will say Bakkt  is the new hope. But frankly if you look at the fundamental developments around the whole crypto space, they are expanding rapidly but still not visibly.

It does not reflect the price at this time. So basically we are just bottoming out.

Price is starting to move upwards in anticipation of the bakkt and other positive things. If you don't buy in now then you probably won't be able to do it in future at an attractive price after bakkt is released

I don't think that the price will pump immediately when Bakkt starts Bitcoin trading, but I'm sure it is something great for Bitcoin in the medium/long run. Institutional money will flow in much more easily thanks to the Bakkt platform.