NEW BAKKT game

[El duderino_]

Far from NEW smiley faces @the moment

Come on BTC give us Some PUMP action

patience! this looks like a healthy pullback and i think we're on the tail end of it. in fact, now i'm regretting not guessing higher. i think my guess will be near the top of the first leg up, in the next week or two.

too bad bakkt didn't just launch.

the pullback just pulled a little harder
come on reversal come on big green line up

Yeah, it's been reddish all around, we need to go green now so this we still have a good month.
I thought the bull run has arrive, but once again, it leaves us disappointed. Anyway, life still goes on, continue holding for life.

Hopefully BAKKT is a real life saver.

No worrie to much BTC on its own is a life saver, BAKKT etc is just a hopefully pretty noise in the story up if not so Then the user increase Will take care of it in the long run
More strong hands, more BTC user, more dissemination ..... price Will steady follow

[1714009981]

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[RivAngE]

I'm sure there are a lot of rich opportunists who are waiting on the sidelines for a bullish announcement like BAKKT in order to pour in money.

As far as this game goes, I'm sure many of these opportunists will sell for 100% profit and that's why I bet on 7550$, about double of what could be the entry point of many.
But as far as the health of Bitcoin's price goes, it will depend on the community's strength. I believe most weak hands have sold and the rest will sell on brake even at about 7500$-8000$ after the investors I've mentioned have already took profit.
After that I predict another bullrun.

So to summarize, my predictions are:

• BAKKT launches - Price is around 3700$ and it starts going up
• 2 weeks after BAKKT - Price is at 7500$ and clever people take some profit
• 2 weeks and 1 day - Price fell 10% and weak hands panic and sell
• 4 weeks after BAKKT - Price has fallen at around 5000$, selling pressure is over and those who took profit earlier enter again
• We keep getting higher lows and higher highs for the following few months

... or at least that'd be the scenario of a normal volatility market ...

[asche]

I'm sure there are a lot of rich opportunists who are waiting on the sidelines for a bullish announcement like BAKKT in order to pour in money.

As far as this game goes, I'm sure many of these opportunists will sell for 100% profit and that's why I bet on 7550$, about double of what could be the entry point of many.
But as far as the health of Bitcoin's price goes, it will depend on the community's strength. I believe most weak hands have sold and the rest will sell on brake even at about 7500$-8000$ after the investors I've mentioned have already took profit.
After that I predict another bullrun.

So to summarize, my predictions are:

• BAKKT launches - Price is around 3700$ and it starts going up
• 2 weeks after BAKKT - Price is at 7500$ and clever people take some profit
• 2 weeks and 1 day - Price fell 10% and weak hands panic and sell
• 4 weeks after BAKKT - Price has fallen at around 5000$, selling pressure is over and those who took profit earlier enter again
• We keep getting higher lows and higher highs for the following few months

... or at least that'd be the scenario of a normal volatility market ...

Bakkt will have exactly 0 effect. Mark my words

[El duderino_]

^^

those 2 are a fighting statement

hope the first one to win this haha

but yeah we will only know when its happening (nontheless both are marked )

[El duderino_]

is this sudden spike gonna cause for a sad/happy facing (flippening, can't find a good name for the matter)
any suggestions
?

[asche]

is this sudden spike gonna cause for a sad/happy facing (flippening, can't find a good name for the matter)
any suggestions
?

[El duderino_]

^
maybe tonight?

[kenzawak]

Fuck, it's delayed again :

https://www.theice.com/publicdocs/futures_us/exchange_notices/ICE_Futures_US-Notice_BitcoinLaunch20181231.pdf

[Febo]

Fuck, it's delayed again :

https://www.theice.com/publicdocs/futures_us/exchange_notices/ICE_Futures_US-Notice_BitcoinLaunch20181231.pdf

There is nothing fuck about it. Those of us that we knew what the price will be at BAKKT starting also knew when it will happen.

[KingZee]

There is nothing fuck about it. Those of us that we knew what the price will be at BAKKT starting also knew when it will happen.

Imo the longer it takes the more likely Loyce is going to win And I'm not even being sarcastic.

Hopefully delayed just means less than 2 months ahead, so btc can nicely juggle at the 8k range by february.

[gentlemand]

Imo the longer it takes the more likely Loyce is going to win And I'm not even being sarcastic.

Hopefully delayed just means less than 2 months ahead, so btc can nicely juggle at the 8k range by february.

I didn't enter this explicitly because it has the makings of a potentially infinite game. I like my concrete deadlines and conclusions.

Note the wording they've made in this announcement. They'll announce the time line of the launch, not another actual launch date. I assume this might partially be related to the US government shutdown.

[RivAngE]

Fuck, it's delayed again :

https://www.theice.com/publicdocs/futures_us/exchange_notices/ICE_Futures_US-Notice_BitcoinLaunch20181231.pdf

It was not "delayed" , it was only "hyped" to be launched sooner than reality... either by a fake leak or by an "accidental leak" (which also turned out to be fake).

[El duderino_]

Imo the longer it takes the more likely Loyce is going to win And I'm not even being sarcastic.

Hopefully delayed just means less than 2 months ahead, so btc can nicely juggle at the 8k range by february.

I didn't enter this explicitly because it has the makings of a potentially infinite game. I like my concrete deadlines and conclusions.

Note the wording they've made in this announcement. They'll announce the time line of the launch, not another actual launch date. I assume this might partially be related to the US government shutdown.

Read......

End 2019 closes ..... no matter what BAKKT does

So if it keeps delaying Then the game is the highest price reached till end 2019.

[kenzawak]

Fuck, it's delayed again :

https://www.theice.com/publicdocs/futures_us/exchange_notices/ICE_Futures_US-Notice_BitcoinLaunch20181231.pdf

It was not "delayed" , it was only "hyped" to be launched sooner than reality... either by a fake leak or by an "accidental leak" (which also turned out to be fake).

What leak, what are you talking about ?
They posted on their twitter page that it would be January 24th.




Some big names :

https://bitcoinist.com/bakkt-raises-182-bitcoin-microsoft/

The partners and investors in the first round include Boston Consulting Group, CMT Digital, Eagle Seven, Galaxy Digital, Goldfinch Partners, Alan Howard, Horizons Ventures, Intercontinental Exchange, Microsoft’s venture capital arm, M12, Pantera Capital, PayU, the fintech arm of Naspers, and Protocol Ventures.

[Globb0]

That kind of money surely the establishment is biting their arm off to get a piece of that

[El duderino_]

come on BTC do something amazing AGAIN

[jackg]

This looks quite an interesting game and one I’m quite glad I missed as I wouldn’t know where to start on coming up with the price...

Is there a list of the entries? I can’t seem to find them.

I’m questioning the 17th day thing. I’m not sure how well bakkt is going to go down either... everyone seems to be expecting a lot but a lot of people have lost interest and trust in bitcoin’s stability price wise. All that’s left are the ones who believe in the fundamentals and the ones crying into their cheap cider grasping their keys/phone in the hope they can telekinetically push the line on that graph up to the moon for the bitcoin they bought at $20k that they were told was going to reach a million... I’m actually surprised the price is doing as well as it is at the moment since a lot of exchanges stopped withdrawals during proof of keys day, it looks fishy to say the least even if not many people participated (as has been suggested).

Edit: I found the list. Really Loyce!? I’m actually surprised 30k is the limit...

[figmentofmyass]

I’m questioning the 17th day thing. I’m not sure how well bakkt is going to go down either... everyone seems to be expecting a lot but a lot of people have lost interest and trust in bitcoin’s stability price wise.

i'm not expecting much. it should help trigger a bounce or extend an existing rally, but i think it'll be like the november 2014 relief rally. at the time, the market was itching for a short squeeze. news broke about paypal accepting bitcoin which helped temporarily push the price to $450. it was very short-lived: the good news was just an opportunity to sell a bit higher. then we crashed to $150. the same could happen here.

I’m actually surprised the price is doing as well as it is at the moment since a lot of exchanges stopped withdrawals during proof of keys day, it looks fishy to say the least even if not many people participated (as has been suggested).

which exchanges?

[UmerIdrees]

Far from NEW smiley faces @the moment

Come on BTC give us Some PUMP action

patience! this looks like a healthy pullback and i think we're on the tail end of it. in fact, now i'm regretting not guessing higher. i think my guess will be near the top of the first leg up, in the next week or two.

too bad bakkt didn't just launch.

BAKKT launch date is set to 24 of January, 2019 but believe me i am not sure whether it will launch on the said date or not. There are many news or you can say Fud that BAKKT will delay its launch again so that bitcoin can dump more and BAKKT can buy more bitcoins in less prices.

[jackg]

I’m questioning the 17th day thing. I’m not sure how well bakkt is going to go down either... everyone seems to be expecting a lot but a lot of people have lost interest and trust in bitcoin’s stability price wise.

i'm not expecting much. it should help trigger a bounce or extend an existing rally, but i think it'll be like the november 2014 relief rally. at the time, the market was itching for a short squeeze. news broke about paypal accepting bitcoin which helped temporarily push the price to $450. it was very short-lived: the good news was just an opportunity to sell a bit higher. then we crashed to $150. the same could happen here.

I’m actually surprised the price is doing as well as it is at the moment since a lot of exchanges stopped withdrawals during proof of keys day, it looks fishy to say the least even if not many people participated (as has been suggested).

which exchanges?

The scammy ones. Hitbtc, poloniex and a few others. I'm surprised yobit didn't since they are now almost definitely a Ponzi scheme in disguise. I watched a video on it yesterday so I might be completely wrong, I don't own any acciunts with exchanges other than cex and coinbase.

Ohhh, that was what that spike was! I was always curious. I used to log onto my parents computer once s day from about may 2015 to check the price of a Bitcoin. In gbp it started at about £150, then raced up to £220 and then fell back down to £120 when that double spent block was released...