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Author Topic: BAKKT: Road to $100,000+ starts in november?  (Read 1235 times)
El duderino_
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November 09, 2018, 11:35:05 AM
 #81

road to 100k cause BAKKT is taking a slow start  Roll Eyes

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LFC_Bitcoin
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November 09, 2018, 11:51:48 AM
 #82

road to 100k cause BAKKT is taking a slow start  Roll Eyes

Patience micG, patience !!!!!!


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El duderino_
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November 09, 2018, 12:48:34 PM
Merited by LFC_Bitcoin (1)
 #83

road to 100k cause BAKKT is taking a slow start  Roll Eyes

Patience micG, patience !!!!!!





yeah micG you F***tard...!!...... rome wasn't build in one day, even the fiat money SCAM wasn't there after one day.....

mmm yeah good keeps me thinking Grin

XhomerX10 designed my nice avatar HATs!!!!!  Thanks Bro
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November 09, 2018, 12:49:38 PM
 #84

road to 100k cause BAKKT is taking a slow start  Roll Eyes

Patience micG, patience !!!!!!





yeah micG you F***tard...!!...... rome wasn't build in one day, even the fiat money SCAM wasn't there after one day.....

mmm yeah good keeps me thinking Grin

Liverpool FC hospitality when we hit $100,000 Smiley

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El duderino_
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November 09, 2018, 12:55:17 PM
 #85

already appointment @ANFIELD


LFC-MAN U Grin

better no LFC-hospital that weekend  Tongue

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okala
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November 09, 2018, 03:41:12 PM
 #86

We hope this happened as many traders and investors are expecting another bull run.  I believe that bakkt is actually the next reason why bitcoin and altcoins market to get pump again.  Strongly believe that we would see the strong effect of bakkt by next year and events that will push bitcoin to $100,000 will come along.
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November 13, 2018, 07:34:05 PM
 #87

Lightning Network, Bakkt, ETF (approved or not it's creating a buzz that starts other things like Bakkt) the Halving, Bitcoin is celebrating 10 years this year and did very good in this time. Very good ROI and no hack! Some people want to invest long time or at least 10 years and this gives confidence. BTC ATM's popping on every corner, exchanges also. Like people say it's just about patience and accumulating.
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November 13, 2018, 10:32:59 PM
 #88

Bakkt's news release is just a hype to attract more investors and a road to 100,000 USD is quitely impossible to achieve for a short period of time but it is a good indicator that the bitcoin would start to recover but the BAKKT involvement seems has lesser impact since majority of their investors are still not convince about the potential of bitcoin.
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November 20, 2018, 05:24:07 PM
 #89

https://mobile.twitter.com/coindesk/status/1064928505136336902

The launch of the ICE futures listing has been pushed back to January 24th. Guess the road is going to take a while longer to be built. I wonder if this is directly related to the current bonkersdom. What happens if it doesn't let up?
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November 20, 2018, 05:41:31 PM
 #90

https://mobile.twitter.com/coindesk/status/1064928505136336902

The launch of the ICE futures listing has been pushed back to January 24th. Guess the road is going to take a while longer to be built. I wonder if this is directly related to the current bonkersdom. What happens if it doesn't let up?



It may be related to the current price thing but most likely it's irrelevant and it's just internal bureaucracy making them push the date further. I wasn't counting on this. In any case my prediction would still be correct if we actually bottom within the next 10 years.

I would speculate that we will keep going lower before the road to $100k starts. $3k and $1.3k are the next resistance points. If it gets that insanely cheap it will be fun seeing all the idiots that don't buy fucktons in two years because most likely they are the same that didn't buy after all the previous crashes.
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December 22, 2018, 01:09:49 PM
 #91

https://www.coindesk.com/launch-of-bakkt-bitcoin-futures-market-may-get-postponed-again

More possible postponement. I thought they could do some sort of self certification very near the launch so didn't need the CTFC to do anything. If custody is a sticking point that could remain very extremely sticky.
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December 22, 2018, 08:58:46 PM
 #92

https://www.coindesk.com/launch-of-bakkt-bitcoin-futures-market-may-get-postponed-again

More possible postponement. I thought they could do some sort of self certification very near the launch so didn't need the CTFC to do anything. If custody is a sticking point that could remain very extremely sticky.

Self-certification was never an option, but there's been a commonly made assumption that CFTC approval is much easier to attain than SEC approval. There's some precedent for that: the CFTC already approved LedgerX as a registered derivatives clearing organization and swap execution facility, and I believe the approval came on the first try.

It also sounds like the delays are procedural (required commenting period and vacation for federal commissioners) and not signs of an incoming rejection. I read that a January 30th launch is still possible.

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November 13, 2019, 11:27:14 PM
 #93

Derivatives are always a bad idea for the price of anything. If you decide to buy a futures contract of Bitcoin instead, you are not actually buying a single BTC, you are just betting on the price going up or down without actually buying it. It doesn’t take a genius to figure out what that does to the price of the underlying asset.

Derivatives are a 100% inevitability in any market worth bothering with. A market without them won't be taken seriously. If there was nothing in place by this stage of crypto's life it would a signal of something properly weird going on.

And since Bakkt is settling in BTC real Bitcoin certainly is on the line and changing hands.
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