the thing about Bakkt is to introduce bitcoin to a new crowd not to those who already knew about it or were using it before. so it should technically bring new demand into the bitcoin market. but we can't really expect it to happen overnight or in the first week of their launch. it will be a slow process but it will bring in new investors and will definitely introduce bitcoin to a much larger crowd.

it must not be either good or bad for bitcoin to get regulated or not. because bitcoin is decentralized and that means it should never care about what the centralized authorities think or say about it. they can ban it or adopt it and in the end it should not change a thing.

but also we are living in a society with laws, so obviously regulations can ease the adoption. it is not about feeling safe, it is about not feeling threatened by the government bullying you because you don't want to hand over your financial details to them! or give full control of YOUR money to them!!!

Bakkt is actually doing very well considering it is brand new and less than a week old. the volume has been high and growing. that has nothing to do with the price drop. it was purely a small panic sell followed by a ton of FUD and manipulation to trigger the subsequent sell offs at larger scale to cause such a gigantic drop.
it is also another step in the accumulation phase to push the price low like this to buy cheaper coins in that short window of opportunity before the price jumps back up and enters the bull run.

most of those people whom you saw in China and specially those who are so interested in tokens are mostly gamblers who are trying to test their luck in the altcoin market by making bets on different random coins in the exchanges and make profit if their luck was good on that bet and they won. they aren't really investors. that is why sometimes they are targeted for this type of investments, since they are easier to fool into thinking there is a technology where it is just repetition of previous work!

i don't think we can reach $20k this year but it is not at all far away as you think it is. in fact $20k is so much closer than you can even imagine. you are feeling the same as how people used to think about 8 months ago about seeing $10k which also was considered "far away".

i don't think it will be reached only because each time (in each cycle) we get closer to the ATH of previous time it becomes increasingly hard to break it. so the rise slows down the closer we get to that arbitrary number. you can look at $1200 in 2017 and see how that looked like.

they are exactly looking for an excuse. since bitcoin has turned into an speculation tool for a big percentage of those that own it, there is a lot of interest in only trading it and being volatile helps with making money.
how to help increase the volatility? by drama like this. lack of knowledge and understanding of bitcoin (which also stems from seeing it as an investment) helps with that a lot!
i don't know if we can call it stupid although it is sad to see bitcoin community is like this!

you just saw these "talks" recently, they have been going on for as long as i can remember! meaning from 2014 until today they are always saying the "altcoin season" is coming soon. sometimes they get lucky and are correct like 2017 but the rest of the times (that is 95% of the times) they are not and it is altcoin dumping season

it has already crashed. i would say they are ultra lucky that it happened and they are buying it at this rate instead of 15-20% higher. so in reality the discount they are getting is about 30% to 45% right now. there is no room left for crash and even if it happens, the price is bound towards $10k+ soon enough. i don't think someone participating in this kind of auction is going to look for quick profit. a short wait and they nearly double their money.

try not to think too much about numbers like these.
this types of factors are just numbers that people have come up with to try and justify certain actions in the market. they are never correct apart from some coincidence happens and they happen to be in the same direction as the market went by pure luck.
we are in the accumulation phase even if right now it doesn't look like it. the same way we were in a similar phase when price was $4100 and was going up and down to $3000 and back up again.

i disagree.
i believe the main reason why everyone (apart from newbies who only care for money making) have given up on the altcoins has nothing to do with their price and its decline. but it is all about lack of any half decent project with any kind of innovation for a very long time. all we keep seeing is copies that are repeating the same exact thing under a different name.

i personally have been very enthusiastic about "Alternative CryptoCurrencies" but the more projects i checked out the more disappointed i got which is why i have given up on seeing anything good and my purpose in altcoin market is only to increase my bitcoin wealth by using them as tools for bitcoin-profit.

it may be time for all of you who call what you do "having patience" to start rethinking your decisions in life. you have been bagholding a bunch of shitcoins that were destined to lose value and that is what they have been doing over the past 2 years and will not stop until they lost at least 98% of their prices.

patience is for when you have made a good decision and a good investment in something with actual future not something that clearly has no future and is only here because it was pumped.

the only problem is that nobody ever uses tether to buy bitcoin, the creators of that centralized shitcoin create it and inject it into the altcoin market and the altcoin bag holders buy it in stead of their shitcoins to try and escape their dump. that is why all the altcoin exchanges have it listed and that is why people have been doing so much arbitrage lately...

you can not make this statement unless you can back it up with undeniable proof that it was indeed a "big mining farm" that quit. otherwise you are the victim of the FUD that the media has been spreading after the drop was already on the way just to get the panic going more.

hashrate fluctuations happen all the time. the problem is that you can't really measure hashrate, all these numbers are an estimate based on the time between the blocks and the difficulty which will only readjust every 2 weeks!

well for that to happen there is another "first" step and that is "you" be willing to stop using fiat. but as long as "you" are not giving up fiat and insist on using it to pay for anything and keep on considering bitcoin as an investment rather than a currency you really can't expect others to do any differently.
and when i say "you" i don't mean you per se, generally speaking majority of people are like this. they just want to hold bitcoin for the "fiat" profit they gain.

the only problem is that you wish for that kind of swing but what really happens is that you start at $10100 price then it only goes down to $9600 then comes back up to $10200 and jumps up and down in that area before it shoots back up again to $12k,.... prices.

all the while that you would be waiting and hoping to make a profit from a scenario that is highly unlikely and losing money for it, others (the day traders doing the normal routine) are making profit from each up and down inside that channel!
and that's what stopping people from "options trading".

that's for $1 million and more price levels that we need that kind of mass adoption that you have in mind. otherwise for such low prices such as $100k per coin we only need a small adoption heading towards moderate one. it will be the continuation of the rise that we had so far and it will most probably be reached by the end of 2020 as the halving hype also helps fuel the next rally.

that's true.
but also these things are "math related" and problems like that are usually solved in academic circles not by "government researchers" nor by "private sector". and so far all the academic papers have been trying to solve the ECDLP and optimize it but haven't been any kind of breakthroughs to make it any less secure.
quantum computing may increase the speed but i don't think it is enough to still solve it.

you only need to do one planning for the "cryptocurrency journey" and that is to start educating yourself more about bitcoin only and stick to that ignoring all the rest of the hypes and FUDs. enjoy the benefits that bitcoin as the only decentralized currency can offer you.

as for bitcoin price prediction, we are in the starting steps for the next round of rises. that is why right now price is pretty stable with volume still at a very high level indicating the accumulation that is ongoing.

people who don't already know what something as simple as an API key is, should stay away from it because there is pretty good chance that touching it will lead to their loss specially these days that the internet is filled with lots of malicious websites and even malicious trading bots that fool people into giving them their keys (which is basically access to their funds) which they will abuse.

exchanges only care about one thing and one thing only: making profit.

they can not make any profit from a coin that has an active "community"! the only thing that can give them profit is having a high volume. they didn't add Doge because of its community, they did it because the volume is usually decent and at that point in time it has been rising a lot.
it also doesn't matter if it is a good project or bad or even an obvious scam. as i said they only care about making money. that is why they listed shitcoins that were obvious scams, such as ICO scam tokens, scam altcoins, scam fork coins such as BSV and BCH,...