BAKKT big deal?

[BitcoinHodler]

i think Bakkt is made bigger in people's head that it really is. it may end up being a big thing eventually but at this point with the information that we have gained so far from this project we can not decide on it. so for now everything that we hear is mostly hype about it.

[Kakmakr]

i think Bakkt is made bigger in people's head that it really is. it may end up being a big thing eventually but at this point with the information that we have gained so far from this project we can not decide on it. so for now everything that we hear is mostly hype about it.

Nah, it is a pretty big deal, but for the wrong reasons. We will just have another big centralized company, jumping into this scene and they will destroy anonymity even further, because all the people using this service will be identified with strict KYC/AML requirements. 

You not going to trade/buy bitcoins anonymously, because these platforms cannot exist without the US enforcing these KYC/AML regulations. So, they allow this with a lot of conditions and this is where it all goes pear shaped. 

[Nikolas Brown]

BAKKT is probably going to be a big deal. BAKKT is going to bring a lot of investments into the market.  They have a plan to do something special which can attract a big number of potential investors.

[Marbelli]

I would not say that all the players who want to buy it have already bought it. A lot of big players have not yet entered the market only because they are waiting for regulation and I am sure that after accepting all this we will be able to count on the bulls to return again

[Lea Bentley]

Yes,it's a big deal. The number of places where you can cash out a lot of different cryptocurrencies will only grow. Many people are still waiting for a more regulated market with some Wall Street giants stabilizing it.

[qwerty1337]

I think that with the advent of Bakkt, large capital from institutional investors will enter the market. In fact, not a lot of big players own a large amount of bitcoin.

[SiverSurfer]

There are a lot of reasons why people are looking into Bakkt. ETF's which is KYC heavy aimed at the market traders with a certain level of deposits. Wheras Bakkt will be aimed at regular shoppers and consumers. Bakkt will be aimed at people who just wanna buy some at their local coffee shop in most towns of various countries. And thus, there's a lot of potential here that we'll be able to see first hand in the future.

Am actually curious how does BAKKT work in a "dummy 101" way, whether it will be really that easy...

[Symptomatic]

Bakkt could be a big deal in the future. A regulated currency in the unregulated space could make a big difference. The difference is most likely to be positive.

[Thinkable999]

Bakkt is being backed up by very big industries of the modern world like starbucks and microsoft. And I think bakkt will help us to use bitcoin for payment in our day to day life much easier.

[Mr.Boring007]

If you look at the big names behind bakkt, it will be evident to you why its big a deal. Bakkt aims to serve all levels ranging from dummy to mega corporations in cryptoworld.

[Indamuck]

Analyzing the current situation it's obvious what bitcoin needs is some big names behind it. BAAKT brings exactly that. If you search for it thoroughly you will get why BAAKT is the real deal.

Even with all good news the price has been going sideways for a long time.  It looks like more manipulation to keep the price down.  Billions of dollars are being spent on new exchanges, mining farms, and other crypto platforms.  Its clear that bitcoin will reach new all time highs if we just hold and don't panic sell from the FUD.

[squatter]

i think Bakkt is made bigger in people's head that it really is. it may end up being a big thing eventually but at this point with the information that we have gained so far from this project we can not decide on it. so for now everything that we hear is mostly hype about it.

Nah, it is a pretty big deal, but for the wrong reasons. We will just have another big centralized company, jumping into this scene and they will destroy anonymity even further, because all the people using this service will be identified with strict KYC/AML requirements. 

You not going to trade/buy bitcoins anonymously, because these platforms cannot exist without the US enforcing these KYC/AML regulations. So, they allow this with a lot of conditions and this is where it all goes pear shaped. 

I'm okay with that. We have to expect regulated markets to develop if Bitcoin adoption continues on its current trajectory. If there is demand from traditional and institutional investors, the big guys like the ICE and CME Group are going to want to profit from that. There's no way around it.

If you want to trade without KYC/AML, you can stick to decentralized, P2P and offshore exchanges. I don't think Wall Street is that interested in those.

[maxilopez]

Yes, of course, the opening of such a platform is a huge signal for the growth of the price of Bitcoin and I think that after the launch of baккt we will see a turn of the market and the arrival of bulls

[xfaqs01]

What is the big issue with BAKKT? Since those big players that want to buy already owns bitcoin.

i thonk yes its a big deal, because it allows traditional investors and ordinary people to invest into cryypto since it is heavily regulated by the sec, and it will create a chain effect that other financial institution might follow bakkt footstep and establish thier own cryptofinacial firm in the future.

[Jackolantern]

I don't know much about BAKKT as for me no coins exist besides BTC and ether which are the most popular coins ever and i consider them the profitable investment that can bring much