Bitcoin Forum

Bakkt Launch is Coming  soon!
Date:
23 sept

Are You acumulating btc now?

2 days from now Bakkt launch will be happen. There are lot of eyes here in the forum are waiting for this event, were the owner of BAKKT was
the owner of the biggest stock exchange in new york and entering in bitcoin industry business.  I hope everything will be in good result in the end. And about accumulating Bitcoin, my answer is yes I am accumulating it little by little anyhow, it may not big as you think but at least I save some few of bitcoins in my wallet.

You're completely aware that this is a bitcoin forum right? The answer should be pretty obvious.

All Eyes on Bakkt :) 


So If the Bakkt Will be launched, then btc price Will be added on New York stock Exchange screens?


If That's true it Will add a lot trust and it Will make Bitcoin More Trusted and accepted!



Anyone Think that Bakkt has enough of Bitcoins to give to invstors?
Since new York stock investors Capital is 10 x bigger then the Total crypto market Capitalisation!

It is still a pending success or maybe the effect has started and starting to fade? i still see bearish but lets see.Its just 2 days to go
but i feel no massive impact. Some says this launch will mark the early stage of the bull market so do not expect for the price to move that high yet.

I was accumulating when btc was $20k and before :p. Nothing is really changed here.

I'll probably keep accumulating after BAKKT. $10k doesn't really strike me as the cheapest price but considering that it'll go up soon, it is not really that important unless... you overinvest.

If the bakkt platform is connected with general system and a lot buy orders Will Coming in then the price Will Go Up!

If its Not then There is no impact!

Always accumulating, brother. Bakkt, no Bakkt, maybe Bakkt, bear or bull, my story with Bitcoin is always the same. It's called dollar cost averaging if I want to be fancy, but it simply means I assume I am still on the starting point, big picture. 10k, 5k, 15k. Entry at any of those won't really matter when we are at 100k, 150k, 200k.

But sure, of course, lower the better until parabola arrives!

The Bakkt is launching tomorrow just as Bitcoin is having a good dip. This can be interesting how the market will eventually react to this development...will it mean a continuation of the downhill slide or will it be a catalyst for Bitcoin to go up? While there are many who are very positive on the coming of Bakkt, there are also those who are not because they reasoned this can actually be a tool to constrict the growth of Bitcoin at the end. Which side will be coming true...that remains to be seen.

Big whales will sure be involved.

But for most forum users here, I doubt they will. It's like a normal day where they like to buy Bitcoin if they have money to be used.

Let the whales do the movement. We will just have to ride. Brace yourselves!

Will the Bakkt have enough bitcoins coz investors have heavy money!   ::)


Since investors have More money then bitcoins existing,  the price of bitcoin can go up like 12-15k the Same day the bakkt is launched.

I think they will continue to delay. I have not seen a real sign that Bakkt is well prepared for this launch, they need to prepare more and wait for the market to join.
You know, there are many good projects but it has become a shit when participating in the market that is selling, it will make the value of the business plummet. I think they will continue to delay and wait until mid-October, when the market starts to grow again.

There's no more hype on bakkt as far as I can see, just look at the price, maybe someone is trying to manipulate, it could bring more money though as prior to the the launched more people and institutions can get inside because the price is below $10k.

So it's better to wait, at this point, I'm not that excited, but we knows, this market is very unpredictable and we can't really say if there's individual who are going to pour their money on the launch date, fingers crossed.

Not accumulate more only hold small amount of bitcoin. This time i split my investment between ETH and Bitcoin. Maybe if up, i will keep hold and my aim is next halving. Or maybe make improvisation when the condition is good. Like sell and wait cheap price to buy it again because still have a lot of time before halving come. For Ethereum i wait for 2.0 maybe and keep hold.

No.Right now I'm not buying bitcoins.I don't have enough fiat money.I sold lots of bitcoins in the last 2 months,because I needed fiat money to run my other businesses.I'm just hodling the rest of my bitcoins,which is a small amount(around 0.1147 btc).I think there might be a bull run somewhere around December,but it won't be due to the Bakkt launch.

On the level of $9k yes but right now I stopped for a while because I still don’t know if BAKKT can really affect the price of bitcoin or not. If they succeed maybe the price of bitcoin will not go up easily and maybe it will take more time or more weeks before we feel the effect of BAKKT exchange, be patient and trust bitcoin, we will see the peak again soon.

Investment and market is about to numbers:

The bakkt Total Capital is bigger then whole crypto market Cap!

If the Bakkt is not OTC then we will see huge price up Ward movement.


It Don't take to be genius to know that If the Capital is bigger then the ammount of bitcoins existing, the price will go up!



But If the Bakkt is some Kind of OTC then it wount have impact over btc much.
But If its connected with general system the price will go up.

Been saving BTC even If there's no Bakkt. Just by looking at the previous chart about the halving, it makes sense to really save bitcoin as much as you can. As for the Bakkt, I'm one of those who really thinks that it can have a great impact on the market, whether short or long term. But don't get excited though, much better not to set high expectations on Bakkt and just let the economics of bitcoin takes over and see the effects in the future.

I do buy bitcoin but not because of BAKKT, i buy because the price of bitcoin is cheap and I buy because i believe on the future of bitcoin. We don’t know if BAKKT will be good for bitcoin so don’t use this as your reason to buy, use a strong reason for you to hold more bitcoin and keep buying.

I would expect this event to create a surge in the price of BTC, but it seems that it will not happen today or it has happened before. Things like this will probably have less of an effect on the price of BTC, perhaps the crypto market traders are getting more mature.

Agree, we will just watch what will happens on the day that Bakkt starts operating and offering their service. And I think the Bakkt effect and hype were only discussed numerous times because of the great depression on the bear period in 2018 where everyone was clinging to any hope that Bakkt would change it. But BTC spiked to $13k without baakt this year so I don't how much it will really impact the price now that btc has already pumped.

I think Bakkt is overhyped. The price should've been in an upward trend over the last few days until now if people are starting to accumulate more Bitcoins. Nevertheless, accumulation doesn't happen only if theres a new project or services that could potentially pump up the price, but more importantly if we see an opportunity to buy at a lowest price possible.

Let's Wait when new York stock exchange will be opened!

Then we should see Different price!

I hope it will approve so bitcoin will have more chance to be accepted by the public, and they will invest their money in bitcoin. If that happens, then we will see a new high price and the price itself will start to increase. I don't buy bitcoin because I don't have much money to purchase bitcoin even if the price is down again. I only wait for the bitcoin price to increase so I can start to sell my bitcoin. I believe that time will come to us, and no matter if it needs a short or long time, the price will be increased.

We still have much time to see bitcoin will break the highest price, and I am sure that people are even buying bitcoin while the price is still at $10k. They don't want to miss the chance to sell bitcoin at the highest price.

Bakkt is on live Now! 

Federal reserve just cutted rates, Let's Wait when this new printed money will end up in NYSE ice bakkt.



Its probably most Historical moment in bitcoin history!

I hope that this will be the catalyst for the bull run that we have been waiting for, many people have really spoken high of this bakkt factor and I have heard how people are eagerly waiting for it and I believe that this bakkt release will set a new goal and set a new value for the price of bitcoin.

One more thing that I see about this bakkt platform is that for it to have been released, the owner of bakkt must have gotten some approval too from the government being the owner of the largest stock market, so he would want to do things in the right way, and it means that their government too his even in support of this, which means regulation is gradually setting in and I am sure that this bakkt owner will also be in partnership with government.

For long term trading still downtrend flag continue, $9130/$9100 price a strong support level, I hope in Price comeback from this level. I think Bakkt launch cannot affect Bitcoin price ;D
https://i.imgur.com/82PnrY9.png

So, Bakkt has launched! Before main trading session trading volume less then 20 BTC (contracts) but now 66 BTC are traded.

https://contractmarketcap.com/images/bakkt_overview.png

Market data Bakkt BTM Oct'19 (https://test.contractmarketcap.com/contractpage.html?excode=bakkt&symbol=BTM+OCT19) from ContractMarketCap.com

I'm still accumulating coins as I have been for the past few months, but I really don't see Bakkt having a great impact on BTC's pricing or the pricing of any cryptocurrency in the short term. It's been known about for a very long time, and I've always had great success with dollar cost averaging purchases of Bitcoin, so I don't see any reason(s) why I should stop now.

Since it's been quite a while for me to be offline on crypto and its group, I seem to be missing information about this. Yep, I have not even accumulated for more than 4 months.
After seeing some of the posts above, in my opinion there are still quite a lot who don't know about this good news. The hype isn't as big as the previous crypto event.

The event that so many people were hoping would trigger a massive bull run turned out to be a non-event.

I've heard a lot about Bakkt but I still haven't seen the reality of them. Although they have bold ways and have the support of businesses that have a lot of money, but I'm sure they will have to postpone more because the market is getting worse.
I think they will debut next year, which will be a good time for bull run and it will be good for the value of Bakkt.

I have much more hope in ETF not on Bakkt. I hope the ETF will be allowed somewhere near the halving date.

As we see, next contract, BTM Now'19 (https://test.contractmarketcap.com/contractpage.html?excode=bakkt&symbol=BTM%20NOV19) setup, but not trading now.

today precisely the decline that occurred in bitcoin. I deliberately did not collect bitcoin, but I prefer altcoin to invest at this time, namely ethereum. I consider the current price to be quite low for ethereum, besides that at the beginning of the year there will be an ethereum event, and I expect good developments

nope.  Who says bitcoin will surge after that launch? Do you have strong evidence or it's just your opinion wherein despite as well you  want to spread this kind of news just to convince ppl to accumulate? . .

Actually mate there's no way it can influence bitcoin is a simple way.  Because you know bitcoin is very stable .and in fact base on the chart there's still no changes that happened since that news emerge .  So it's very obvious that it's just useless. What i mean cant even help btc to make small pump , if true also that they launcher that bakkt. .  

I am accumulating ever since I found out about bitcoin and its potential value in the future. We see now that Bakkt futures has open but there is no positive change from its price, my friend said bitcoin reached $20k without Bakkt so we shouldn't expect too much to those kind of news.

I am trying to accumulate bitcoin from a small amount in every time I can. But glad to see that the volume is increasing slowly, so we have a chance to see the price will increase too. I think that we need to still patient as it cannot moves so fast as we want and perhaps, it will increase in the next weeks since we still have few days to go the next month. I see the price seems are trying to increase step by step because we are down below than $10k so we need to increase the price longer than we can though. I hope that in the rest of this week will show a positive action in the market so the price will also affect and it will increase too.

Bakkt is a movement towards the merger of two segments of the financial world on a global scale - the fiat market and crypto-assets. It will have an autonomous work structure, its own premises with offices, selected development and management teams and the corresponding infrastructure. The development of the entire ecosystem around the future trading platform has already attracted a number of major leading companies such as Microsoft and Starbucks. Thus, it will definitely affect the crypto prices.

I also think the same thing and this has proven to not work. the falling market is very deep it's hard to predict.
altcoin is not given a chance to rise, and I hope good news about bitcoin at this time.

It's been the practice nowadays when there is a lots of expectations from a certain directions the other side happened. It's tough to choose between holding and buying more since the movements are in the opposite side, you need to be more careful placing your position the market is not showing good for now.

Anticipating your investment will bring a good outcome is a must in order to keep holding with your invested assets. You need to be precise taking your decision from what entry you'll going to place your order.

It seems like there are many investors who want to buy at lower prices, so that now there is a lot of panic, resulting in greater sales commulation. I think the bearish trend will occur again and buying in the $ 7500 area is a good price to collect lots of bitcoin. but that is only a prediction, I tricked it by selling some and waiting for the price to be bought

Just as I noticed after bakkt launching, the Bitcoin price value was rapidly went down in the market. Where most of the investors got a chance to buy a huge of bitcoin, where most of the altcoins too got dumped their price too. In which I think is a good timing for us to buy em then hold in a long term.

People too would actually want to watch the effect of it before they put in money, and this is the reason we all fall for FOMO, because we wait for the effect to start manifesting before we believe or get the signal that we will get some increase in the value. If it was in the past, the value of bitcoin would have actually shoot up, but I have not seen any difference too even while people were anticipating, and it seems that majority of us were more of being hopeful than to act on investment.

The same way that you and I didn’t because of this news invest and then expecting some push in price is the same way that other didn’t take step too to act on making extra investment. Overtime, I think as the platform gets expansion, we will be seeing more of response of bitcoin to this factor as regards its value.

Number of hodlers have increased.
Those who buy are only big investors they buy through otc without having a impact over btc price.

Situation is like this.

Nobody Don't sell and nobody Don't buy
If no buyers price will come Down,  i Think Once the price will brake over 10k the fomo will start.


As we Know Federal reserve just printed a lot of New money the Plan is to Invest this in to bitcoins.



I have not seen any usdt or usdc is minted so until then the price will Go Down

This is because some people make scams and share free bitcoin and ethereum.
it's a kind of giveaway.
very detrimental and this makes the market decline.

2018 also had a futures contract launched and then things got very bad for just a few days and caused the BTC value to drop continuously. This year I was more careful and was fortunate to sell BTC at $10,000 and avoid a lot of big risks in investment. The fact that Bakkt was launched only made the market fall even more and I really didn't like it because it greatly affected the assets of so many people.