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Author Topic: Bakkt is a new hope?  (Read 25213 times)
Lpim01
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January 12, 2019, 02:01:43 PM
 #121

I really don't know because at the moment the cryptocurrency market is really full of manipulation and it's very difficult to guessing price, even now Bitcoin should have increased because there are a lot of good news but still the market crash  again.
Bakkt isn't executed for now so we really don't know what could be the effect once done. Everything we do, still of being decentralized in nature will remain. Not so hard to accept of its volatility, and we even engaged this thing many years ago and so until now. 
It could be more to happen in the future, just keep excited as well.
TarzanNJane
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January 13, 2019, 07:13:00 AM
 #122

Bakkt is interesting because it allows people to buy, sell, trade, and use cryptocurrency without owning it. They can use Bakkt, a non-cryptocurrency entity that assumes most of the risks and liabilities. At first this will simply enable institutions and large investors a place to “safely” transact with clear rules, regulations, and expectations.
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January 13, 2019, 07:20:19 AM
 #123

This is a lot of talk, but unfortunately the launch of the platform is postponed time after time. Let's hope that this year it will happen. Especially since one of the richest people, Lee Kashin, also invested in Bakkt.
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January 13, 2019, 07:49:49 AM
 #124

Bakkt is a huge good news for the recent downturn, although I don't think Bakkt can reverse the current bear market, but this can bring new confidence to investors, we have lost too much confidence in the bear market, such a The news is now very necessary.
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January 13, 2019, 08:07:07 AM
 #125

All good news can be make good impact with the price of Bitcoin, the more mass adoption will be more demand for crypto. I have also BAKKT will be become trigger of bull market, and others Bitcoin ETF will approved by SEC.

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January 13, 2019, 08:20:34 AM
 #126

All good news can be make good impact with the price of Bitcoin, the more mass adoption will be more demand for crypto. I have also BAKKT will be become trigger of bull market, and others Bitcoin ETF will approved by SEC.
Good thing if BAKKT and ETF will get approved because it probably gives a mass adoption on Bitcoin and other cryptocurrencies. These implementations will give more legitimately on the entire cryptocurrencies especially on the main digital currency(Bitcoin). Then, yes, that implementations will give hope on us that probably will contribute to pumping the price on Bitcoin.
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January 13, 2019, 08:23:53 AM
 #127

BAKKT, ETF those are only a way of manipulation. None of this is required for having a bullish market. The growth will be come after whale having their willing amount of bitcoin in their bags. So, those are only here for making the market bearish.

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January 13, 2019, 08:59:50 AM
 #128

it may be true that the BAKTT and ETF are always delayed so the altcoin price is slow to rise, but I think the increase in crypto depends on market demand. or at least large investors also contribute to rising coin prices and other factors such as positive news are also important.

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January 13, 2019, 09:01:10 AM
 #129

BAKKT, ETF those are only a way of manipulation. None of this is required for having a bullish market. The growth will be come after whale having their willing amount of bitcoin in their bags. So, those are only here for making the market bearish.
I don't think so, anything that will help to increase adoption should mean a bullish market because it will help to increase the demand of bitcoin.
You know when demand increases that's where investors are happy, so it should be bullish but if it will not be bullish, that means price are manipulated.

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January 13, 2019, 09:27:37 AM
 #130

BAKKT, ETF those are only a way of manipulation. None of this is required for having a bullish market. The growth will be come after whale having their willing amount of bitcoin in their bags. So, those are only here for making the market bearish.
Correct.
Bakkt, if approved, will create a one-day news cycle and hype things up - then it's back to normal.
And that hype might be all for BTC, and we might even see alts being dumped for more BTC - by people hoping to rebuy their alts on the next day.

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January 13, 2019, 11:07:51 AM
 #131

maybe yes, because I hope that Bakkt can indeed make crypto prices rise again, because with Bakkt I am sure that can make investors believe to investing in crypto again, so that with the return of investor confidence to invest in crpyto, then it can make crypto prices rise like in 2017 or even more than that.

damberg
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January 13, 2019, 11:28:03 AM
 #132

Bakkt is interesting because it allows people to buy, sell, trade, and use cryptocurrency without owning it. They can use Bakkt, a non-cryptocurrency entity that assumes most of the risks and liabilities. At first this will simply enable institutions and large investors a place to “safely” transact with clear rules, regulations, and expectations.

Yes, it is an important point. Bakkt will help cryptocurrency (cryptoassets respectively) market to come closer to standardized asset/currency market that is much more acceptible for large and institutional investors.
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January 13, 2019, 11:43:56 AM
 #133

I still can't figure it out why many believe if there is no effect btc don't have movement and what if bakkt gone and no other effect or activity will btc die ? NO , it will continue to raise and dump when its time to dump can't people see the past and know that nothing can make it pump to beat ath for now until it complete it retracement in the cycle of market .
Before it was December something and now another thing , I see those effect as a way to manipulate the price and not let the do process take effect.

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January 13, 2019, 11:46:43 AM
 #134

If you ask whether crypto will pump? the answer is yes. But we are all here believing that crypto will have a new round in 2019. Crypto prices, especially bitcoin, will be higher than 2018. I am sure that will happen.

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January 13, 2019, 02:16:35 PM
 #135

I believe that Bakkt is able to bring new hope to the cryptocurrency, thanks to him, the cost may increase this year. I think he will allow to return faith in investments for sponsors, we expect better.

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January 13, 2019, 02:18:06 PM
 #136

New hope for what? For the new bull run? I guess no, because the news about baakt has appeared earlier, but no market return happened.
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January 13, 2019, 02:23:33 PM
 #137

New hope for what? For the new bull run? I guess no, because the news about baakt has appeared earlier, but no market return happened.
You are right, the news appeared earlier, but in fact this platform is not yet operational and the official start of its work has been postponed. Therefore, it is hoped that when bakkt will work, it will attract new investors.
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January 13, 2019, 02:31:11 PM
Last edit: January 13, 2019, 04:40:36 PM by royalfestus
 #138

Bakkt is meant to increase the adoption rate and boost confidence of institutional investors to increase fund in the space. Bakkt is a platform for more crypto-fiat exchange or conversion, it will create an avenue for new investor both big and small. Bakkt already has enough institutional support on difference phase and high level.

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January 13, 2019, 08:27:47 PM
 #139

Bakkt is meant to increase the adoption rate and boost confidence of institutional investors to increase fund in the space. Bakkt is a platform for more crypto-fiat exchange or conversion, it will create an avenue for new investor both big and small. Bakkt already has enough institutional support on difference phase and high level.

Bakkt really have great support now, if everything works out then the crypto market will be able to live a new life, is it a question for how long? I hope that institutional investors will not be afraid to enter a market like crypto.

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January 13, 2019, 08:59:20 PM
 #140

The effect will be quite inevitable if approved, but i just keep wondering if it truly will be approved. This might be another hope that is yet to come, looking at the was SEC is also just being postponed.
Waiting for its approval, might be an endless waiting. Well, if it is eventually approved, that might be another good hope for the crypto space, because it will have positive effect.
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