Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[fillippone]

It’s the BAKKT day:

Bakkt Bitcoin Futures are now actively trading on ICE Futures U.S., while the Bakkt Warehouse continues to onboard bitcoin

We take our customers’ trust seriously, and are excited to serve this market

https://twitter.com/bakkt/status/1175945114671337472?s=21

I doubt BAKKT is more excited to serve the market than the market to use BAKKT!

Product description and details on ICE website:

https://www.theice.com/products/72035464/Bakkt-Bitcoin-USD-Monthly-Futures-Contract/data?marketId=6137541

Edit: volume 18 BTC so far!

[jojo69]

I am aquiver with excitement

[marcus_of_augustus]

12 trades on bakkt in 6 hours ... assuming this represents current genuine institutional demand (no spoofing, specs, etc) then 1 Mbyte blocks is just fine for the foreseeable future.

[VB1001]

https://www.theice.com/products/72035464/Bakkt-Bitcoin-USD-Monthly-Futures-Contract/data?marketId=6137541

Bakkt futures monthly, in real time, in the red circle number of Bitcoins...


Judging by the amount of Bitcoin traded, there is the same interest as in the wohats blog.

The blog is a legacy for your children or grandchildren.

https://wohats.blogspot.com

[mindrust]

Contract Size
1 Bitcoin

I know they are not targeting plebs with signatures but what'll happen when BTC hits 100k? They'll be losing customers because there will be less and less people around with 1 btc and I am quite sure they won't be fucking around.

BTT still asks 50btc for a VIP membership. It used to be as low as $260 How many VIP's is Theymos getting lately?

This looks like self destruction to me. It was all air.

The only thing matters now is the charts and the game and whatever happened in WO... joke, its the charts and the halvening.

[heslo]

https://edition.cnn.com/2019/09/22/entertainment/aron-eisenberg-star-trek-actor-dies/index.html

RIP NOG

I saw that, very sad and very sudden. Seemed like a good dude too; sad he lived a life full of health complications. RIP

[DaRude]

Contract Size
1 Bitcoin

I know they are not targeting plebs with signatures but what'll happen when BTC hits 100k? They'll be losing customers because there will be less and less people around with 1 btc and I am quite sure they won't be fucking around.

BTT still asks 50btc for a VIP membership. It used to be as low as $260 How many VIP's is Theymos getting lately?

This looks like self destruction to me. It was all air.

The only thing matters now is the charts and the game and whatever happened in WO... joke, its the charts and the halvening.

Berkshire Hathaway Class A is trading at over $313k per each share. It's a different league with institutional investors.
Ha BTC50 for "VIP" membership on a forum. Unless it comes with it's own yacht and island full of models i think i'll pass

[Raja_MBZ]

Bakkt volume is now 18 BTC. We seem to be sort of dumping right now; currently observing ~$9850.

[makrospex]

Bakkt volume is now 18 BTC. We seem to be sort of dumping right now; currently observing ~$9850.

Testing support. Again.
This will be an interesting week, i guess...

[El duderino_]

Something is in the air.

Yeah, Q4 about to start....

[ðºÞæ]

.
Javascript Smart Contracts on Bitcoin.
https://youtu.be/CN8NfMBTx0U

[BCTinLOO]

Bakkt volume is now 18 BTC. We seem to be sort of dumping right now; currently observing ~$9850.

Testing support. Again.
This will be an interesting week, i guess...

Can someone educate me please. What is this Bakkt? A trading platform or sort ?

[600watt]

Bakkt volume is now 18 BTC. We seem to be sort of dumping right now; currently observing ~$9850.

Testing support. Again.
This will be an interesting week, i guess...

Can someone educate me please. What is this Bakkt? A trading platform or sort ?

you will find all relevant info here:

https://fortune.com/2019/09/20/bitcoin-futures-bakkt-launch/


for example:

The venture behind this effort to wed tradition and disruption, to bring blue-chip asset managers off the sidelines to embrace crypto-currencies, is Bakkt, so-called because it's "backed" by majority owner Intercontinental Exchange. ICE is the $52 billion-market-cap trading colossus that owns the NYSE; NYSE Arca, the world's largest platform for ETFs; ICE Futures U.S., one of the world's dominant players in agricultural commodities; and ICE Futures Europe, home of the Brent crude contract that's the leading benchmark for world oil prices. Bakkt is the brainchild of ICE's founder and CEO, Jeff Sprecher, long the leading figure in the transformation of major exchanges from open-outcry venues dominated by rowdy floor brokers to today's electronic marketplaces.

[realr0ach]

12 trades on bakkt in 6 hours ... assuming this represents current genuine institutional demand (no spoofing, specs, etc) then 1 Mbyte blocks is just fine for the foreseeable future.

Bitcoin is priced to perfection where the market somehow assumes it scales to infinity.  Once everyone finds out Lightning Network is a complete garbage, exact recreation of the already existing banking system, permissioned ledger scam that nobody will ever use, and on-chain scaling is also garbage, the price in any reality based world should completely implode.  With 'efficient market hypothesis', it already even should have done so.  So you can tell what I say about this entire thing being one big fucking scam propped up by a single entity using Bitfinex and Tethers to rig the price being true.

[El duderino_]

wtf is goin on here.....

A Hat thing.....

[vroom]

the bakkt start went much better then the CME futures start

will we see a relief rally?

[El duderino_]

Bitcoin is now part of the macro landscape. There should be no more debate about this fact. Top 30 largest world currencies by market cap and growing at the fastest rate of them all. Great chart. I will retweet every time btc moves up a notch in the rankings.


https://twitter.com/DTAPCAP/status/1176054567961812993?s=20

[El duderino_]

Inspired by Edwin Abbott’s satirical novel ‘Flatland’, ‘Squaring the Circle’ is the first in Troika’s series of perspective sculpture that is perceived in correlation to the position of the observer [more, 2013: https://buff.ly/2LG9D5U]

https://twitter.com/Rainmaker1973/status/1175663652302655488?s=20

^
OT, but this is very cool imo

[El duderino_]

The memes already are funny....

But still the impact will come

[Last of the V8s]

^^bent metal pipes - so hot right now

^not hot right now: bakkt. honey badger doesn't care

honey badger has other concerns: this marketing manager ... https://www.instagram.com/p/B2KwfWnACzQ/



... slowly being starved to death by her bff https://twitter.com/LinaSeiche/status/1175800005069811713?s=20