Bakkt delayed the launch date!Coincidence or arrangement?

[Snowflower11]

There are two big factors that we are waiting for that can help bitcoin prices and the whole market grows again, these are: Bitcoin ETF and Bakkt.But if we look at the current situation, these two factors are becoming very fragile.

1. Bitcoin ETF: We are still awaiting a ruling from the SEC, but there are no signs that the SEC will approve the proposal, at least for now. Bitcoin has kept prices steady for nearly two months, it is a good factor for Bitcoin ETF to be accepted,but in just two days bitcoin's prices and the whole market fluctuate dramatically, bitcoin plummeting to $ 4300, it shows that the market is still very unstable. This makes the Bitcoin ETF's chances of being accepted as fragile, because the manipulation of prices and amplitude of fluctuations are the SEC's concern about this market, in addition to other factors such as fraud, money laundering ...

2. The launch of Bakkt: This is the news I think has the biggest impact on the market at the moment, it shows that big companies have started to enter this market. But it has delayed the launch date, what do you think about this?

Do you think the delay of Bakkt is related to the bloodshed of the market?  I do not think this is a coincidence, I think it is very likely that the arrangement! My personal opinion is that there is probably a scenario where both Bitcoin ETF and Bakkt will come at the same time and push up the market price again.

Latest information about Bakkt: https://medium.com/bakkt-blog/launch-and-faqs-e1a3f7691d7b

[mk4]

Do you think the delay of Bakkt is related to the bloodshed of the market?  I do not think this is a coincidence, I think it is very likely that the arrangement! My personal opinion is that there is probably a scenario where both Bitcoin ETF and Bakkt will come at the same time and again push up the market price again.

Whether or not the reason is just a coincidence or if it was an arrangement, I don't think there's anything we can do anyway as I think it's quite unlikely for us to have enough proof for the theories in the first place. Even if they actually did delay it due to whatever reasons, it's their platform to begin with.

I say lets just accept that it got delayed, and we should just simply continue to build; to actually give value to bitcoin or cryptocurrencies in general. I think it's quite bad that majority of the people in the cryptocurrency space are too focused on the prices (and getting rich).

[dothebeats]

Just an uneventful happenstance, I guess. Bakkt operators may have faced some hurdles along the way or are just adding some features that could help their platform generate more interest after launch. They are certainly not the first long-awaited platform to postpone their launch date, though they are being anticipated by a lot of people for some time now, that's for sure. End of January seem to be a slow time for prices to catch up, but then again they are trying to ensure that everything works well so I guess we can't blame them for that reason.

As for the ETF, nahhh I have gave up my hopes on an ETF approval a long time ago. 

[BrewMaster]

isn't Bakkt supposed to be a place where people can buy and sell bitcoin? if so then what you call "bloodshed" is their bread and butter! in other words if anything they should have pulled the release forward instead of postponing it.

as for ETFs, they are old news now. nobody cares about SEC and their decisions anymore...

[tetrisdancyo]

recently, both there seems Bakkt and BTC-ETF is finally on the move.
Bakkt get permission test products by CFTC and plan to start User test in July.
i think perhaps Bakkt may being active toward 2019 year ends

...While i have less expection about FTF, because, in BTC market,
there are high volatility as it is and this quite concern SEC.

[niisarearning]

recently, both there seems Bakkt and BTC-ETF is finally on the move.
Bakkt get permission test products by CFTC and plan to start User test in July.
i think perhaps Bakkt may being active toward 2019 year ends

...While i have less expection about FTF, because, in BTC market,
there are high volatility as it is and this quite concern SEC.

Again bitcoin ETF postponed till 90 days may be in august pushing deadline its again getting delay market still responding positively.
Source :
https://www.ccn.com/sec-punts-bitcoin-etf-crypto-bulls

[cipherhut]

Coincidence This kind of things never happened in the financial market and arrangement is the only fact that remains, so in this situation, Bakkt just had delayed the launch and its a pure arrangement.

[Whaletale]

Many think this will actually be the messier for btc pump but now it has clear and show that no reason than people in the market is more effective , those news are just a way to manipulate market .

Now btc pump and they came back again that they their trade platform will start in short time and here we are waiting till btc reach it peak again .

[Kemarit]

Do you think the delay of Bakkt is related to the bloodshed of the market?  I do not think this is a coincidence, I think it is very likely that the arrangement! My personal opinion is that there is probably a scenario where both Bitcoin ETF and Bakkt will come at the same time and push up the market price again.

Latest information about Bakkt: https://medium.com/bakkt-blog/launch-and-faqs-e1a3f7691d7b

LOL, are we still suppose to believed that a ETF approval is imminent? The delays just proved that SEC will not approved it so we should totally forget about it for now, and we also grew tired of hearing about this so called approval and yet we haven't seen it.

As for the Bakkt, last time I checked, they said they will have something like a UAT. And they have plans to roll in out in July, however, they are still subject for regulatory approval, which they don't have any control.

So don't get your hopes high here and there will be no coincedence whatsoever, the market will continue to grow even without Bitcoin ETF and Bakkt.

[bittraffic]

Do you think the delay of Bakkt is related to the bloodshed of the market?  I do not think this is a coincidence, I think it is very likely that the arrangement! My personal opinion is that there is probably a scenario where both Bitcoin ETF and Bakkt will come at the same time and push up the market price again.

Latest information about Bakkt: https://medium.com/bakkt-blog/launch-and-faqs-e1a3f7691d7b

LOL, are we still suppose to believed that a ETF approval is imminent? The delays just proved that SEC will not approved it so we should totally forget about it for now, and we also grew tired of hearing about this so called approval and yet we haven't seen it.

As for the Bakkt, last time I checked, they said they will have something like a UAT. And they have plans to roll in out in July, however, they are still subject for regulatory approval, which they don't have any control.

So don't get your hopes high here and there will be no coincedence whatsoever, the market will continue to grow even without Bitcoin ETF and Bakkt.

It would have been better if Bakkt will launche.  We can forget about that ETF, it seen SEC is just going to keep us waiting for it when there is nothing to wait for. Almost sure its being arranged, they may be even be buying BTC for themselves which is the reason of the pump these days.  So if Bitcoin is going up without the two, something big could happen in the future.

[pakhitheboss]

I think it does not matter any more to the market. BAKKT has been getting delayed for a long time, the present market dynamics would have been way better if BAKKT had launched.

It might have been arranged as both BAKKT and Bitcoin ETF got postponed at the same time. Nothing happens in the financial market without any reason. That is why you can remove Coincidence.

[Evgenklm]

At first, everyone was watching these two news, already so tired of their transfers and decisions that I already forgot about it.And to date, bitcoin is coping even without the adoption of ETF and the launch of Bakkt.