Why we want btc etf and bakkt?

[omonuyak]

ETF and bakkt will bring bitcoin and blockchain technology to mainstream and that is why we really need it.  If we desire to see blockchain technology been use as a mode of payment and a store of value then we need it to get ETF approval. I don't think we should be able to get the 2 at the same time because it needs to be spreaded for us to be able to maximize it impacts on the market.

[kumala_abi]

ETF and bakkt will bring bitcoin and blockchain technology to mainstream and that is why we really need it.  If we desire to see blockchain technology been use as a mode of payment and a store of value then we need it to get ETF approval. I don't think we should be able to get the 2 at the same time because it needs to be spreaded for us to be able to maximize it impacts on the market.

ETF and BAKKT will bring large investor to this crypto market.crypto demand and market capitalization will rise alot, and actually this is needed by crypto market to make all currency recovered.

[Tytanowy Janusz]

Some services have tried to simulate that using crypto-backed contract for difference (CFD) schemes. Unfortunately, you need to be a licensed broker-dealer to do it legally. 1Broker got shut down by the SEC a few months ago for letting people bet on stocks with BTC collateral.

I think we'll see what you're talking about in the next 5-10 years: sanctioned equity tokenization where licensed broker-dealers are selling tokens to investors instead of fly-by-night altcoin exchanges. I think that was Circle's plan when they acquired Poloniex.

Sec can ban only those companies registered in US. For sure malta wont see any trubble with that Malta is know as country following big money istead of shittalk "crypto is bad and dangerous, lets wait and see what will future show". Thats why big crypto exchanges are moving to Malta ... like binance.

I think that to help crypto reach mass adoption we need it to be usefull for masses. Its not now. ETF and bakkt wont help that. It will only allow to speculate on cryptos by those not brave/smart enought to do it now without ETF and BAKKT.

[Slow death]

[...]

Look at this:

- HitBTC scam!

- b-ex.io Exchange is exit scammed

I could post many cases that show that our exchanges provide low quality services and have no responsibilities with their customers, and you should ask yourself why? because they are exchanges that are not regulated by the government, they are exchanges created by anonymous people. How do you expect many countries to look well for bitcoin when we have these kind of exchanges and these bad behaviors?

We need BAKKT and many other institutional investors regulated by governments to give bitcoin more legitimacy and to encourage governments to legalize bitcoin so that we can buy and sell more easily and maybe use it as a means of payment. I know that many governments are damn corrupt, but unfortunately we need those corrupt bastards to legalize bitcoin in their countries

[Pab]

Your vision is very impressive but i don't think it may happen
Binance in not licensed exchange even
Biggest SEC objection is that bitcoin is traded and manipulated on unlicensed exchanges
We have very small chances that ETF will be approved that time
Other thing is Bakkt what will work a little like ETF but the best thing in Bakkt will be real bitcoin use not only derivatives
If it will be done well than it can help to stabilize market
In a case of Crypto and Stocks bridge we will have Fidelity what will pave the way to integrate crypto with stocks market.But it is all very beginning

[exstasie]

Some services have tried to simulate that using crypto-backed contract for difference (CFD) schemes. Unfortunately, you need to be a licensed broker-dealer to do it legally. 1Broker got shut down by the SEC a few months ago for letting people bet on stocks with BTC collateral.

I think we'll see what you're talking about in the next 5-10 years: sanctioned equity tokenization where licensed broker-dealers are selling tokens to investors instead of fly-by-night altcoin exchanges. I think that was Circle's plan when they acquired Poloniex.

Sec can ban only those companies registered in US. For sure malta wont see any trubble with that Malta is know as country following big money istead of shittalk "crypto is bad and dangerous, lets wait and see what will future show". Thats why big crypto exchanges are moving to Malta ... like binance.

The SEC targets offshore companies if they offer services to American customers. The owner of 1Broker lived in Austria and they had servers in multiple non-US jurisdictions, yet they were shut down by the SEC just like an American company. The American government has a very far reach. I wouldn't count on Malta to stop them!

[gabbie2010]

ETF and bakkt will bring bitcoin and blockchain technology to mainstream and that is why we really need it.  If we desire to see blockchain technology been use as a mode of payment and a store of value then we need it to get ETF approval. I don't think we should be able to get the 2 at the same time because it needs to be spreaded for us to be able to maximize it impacts on the market.

ETF and BAKKT will bring large investor to this crypto market.crypto demand and market capitalization will rise alot, and actually this is needed by crypto market to make all currency recovered.

People expectations on this ETF and BAKKT approval is very high I hope they won't be disappointed at the end of course both approval will greatly project bitcoin into the global mainstream of cryptosystem and people are only after btc price in that period which hopefully might triggers the much expected bullish runs

[wahyu wida]

ETF and bakkt will bring bitcoin and blockchain technology to mainstream and that is why we really need it.  If we desire to see blockchain technology been use as a mode of payment and a store of value then we need it to get ETF approval. I don't think we should be able to get the 2 at the same time because it needs to be spreaded for us to be able to maximize it impacts on the market.

ETF and BAKKT will bring large investor to this crypto market.crypto demand and market capitalization will rise alot, and actually this is needed by crypto market to make all currency recovered.

People expectations on this ETF and BAKKT approval is very high I hope they won't be disappointed at the end of course both approval will greatly project bitcoin into the global mainstream of cryptosystem and people are only after btc price in that period which hopefully might triggers the much expected bullish runs

for the Bakkt planned for 24 January, the implementation was delayed, indeed we all hope to be held and improve the current situation. Hopefully there is another good news, like Eth, which will hold Hardfolk

[superstarbtc]

more the institutional  investors helps cryptocurrency to increase their market cap even it is Etf or else bakkt and fidelity or Nasdaq all the financial institutions bring market cap

[beerlover]

Everyone talks about how bakkt and etf would make the price go up but thats not the thing I am looking for. ETF and Bakkt would make bitcoin look like it is a professional investment option like buying gold or stocks and what not instead of making it this new technoscam type thing some of the older investors talk about.

I am not mad at them they are 70+ years old and they have invested into stuff like coca cola and gillette and newspapers because they knew those business' would continue forever and was a decent investment chance and they do not understand what makes bitcoin have any value at all. However with this ETF and Bakkt we will be putting our hat into the ring and telling those exact people that we do have a value and we are here to stay, not going be this kid savings type deal but a couple trillion dollar giant.

[imstillthebest]

Snipped ~

agree.  Its not about the price hike but its about being legal . many people will leave their doubts if they see that cryptos were now backed by a reputable organizations  .  the price increase that cryptos may possibly get is only an incentives  .

But even if bakkt and etf wont agree on their plans . cryptos can still grow on their own because regular investors will always support them until the end .

[Tytanowy Janusz]

For all of those saying that it is impossible ... whales from WS wont allow that, SEC wont allow that and other shittalk - https://dx.exchange/ (registrated in estonia)opens in 3 days and will allow to buy google, facebook and amazont tokens backed 1:1 by oryginal shares. I dont know if their are legit or no. I will definitly not use them. They need to gain trust and exist at liest for 1 year to deserve my money. But i post it here to show you guys that it is possible and it is happening. Soonly we wont needetf and bakkt. Wall street guys will need Us.

[jhongzjhong]

Snipped ~

agree.  Its not about the price hike but its about being legal . many people will leave their doubts if they see that cryptos were now backed by a reputable organizations  .  the price increase that cryptos may possibly get is only an incentives  .

But even if bakkt and etf wont agree on their plans . cryptos can still grow on their own because regular investors will always support them until the end .

The words that I bolded above were might be correct, but we need those groups of people to become Bitcoin more popular and having a chance to have a legitimately by the government. ETF and BKTT will probably contribute a good value on Bitcoin price. So, yes, we still need those groups to become approved. Hopefully, these two implementations will give a bullish price on the Bitcoin market and get recover from the bearish market.

[Capt00]

Snipped ~

agree.  Its not about the price hike but its about being legal . many people will leave their doubts if they see that cryptos were now backed by a reputable organizations  .  the price increase that cryptos may possibly get is only an incentives  .

But even if bakkt and etf wont agree on their plans . cryptos can still grow on their own because regular investors will always support them until the end .

Combining those two markets together is exactly the greatest idea of all. This will make bitcoin more professional when it comes to its investing option. BAKKT and ETF are just like the same old trading/investing platform like golds and silver. I can see that it once these two markets are combined, the price of everything from the crypto space will go higher and will be sustained, as well. So let's see what will happen.

[SparkleToken]

ETF and bakkt will bring bitcoin and blockchain technology to mainstream and that is why we really need it.  If we want to see blockchain technology used as a mode of payment and a store of value then we need it to get ETF approval.

[TheClownSong]

I think we want bitcoin in ETF and BAKKT because both opening the door for big investor and institutional investor. If SEC approve ETF and BAKKT start bitcoin trading, i am believe billions dollar money will come to cryptomarket and makes crypto price rising

[awik p]

I think we want bitcoin in ETF and BAKKT because both opening the door for big investor and institutional investor. If SEC approve ETF and BAKKT start bitcoin trading, i am believe billions dollar money will come to cryptomarket and makes crypto price rising

etf and bakkt is the closest hope to see bitcoin prices rise. with the amount of funds coming in, of course it will increase the demand for btc, so the price will increase significantly. and that is what we hope for, because during 2018, we have a long wait. besides that with the existence of this news can reduce panic about cryptocurrency

[Vaculin]

I think we want bitcoin in ETF and BAKKT because both opening the door for big investor and institutional investor. If SEC approve ETF and BAKKT start bitcoin trading, i am believe billions dollar money will come to cryptomarket and makes crypto price rising

etf and bakkt is the closest hope to see bitcoin prices rise. with the amount of funds coming in, of course it will increase the demand for btc, so the price will increase significantly. and that is what we hope for, because during 2018, we have a long wait. besides that with the existence of this news can reduce panic about cryptocurrency

Right now, we need to remain optimistic that this will bring a positive result to the market.
It's our hope starting this year and their success will lead to a more success throughout the year, just keep buying before it will take place.

[suzanne5223]

I think we want bitcoin in ETF and BAKKT because both opening the door for big investor and institutional investor. If SEC approve ETF and BAKKT start bitcoin trading, i am believe billions dollar money will come to cryptomarket and makes crypto price rising

etf and bakkt is the closest hope to see bitcoin prices rise. with the amount of funds coming in, of course it will increase the demand for btc, so the price will increase significantly. and that is what we hope for, because during 2018, we have a long wait. besides that with the existence of this news can reduce panic about cryptocurrency

Right now, we need to remain optimistic that this will bring a positive result to the market.
It's our hope starting this year and their success will lead to a more success throughout the year, just keep buying before it will take place.

Having hope about the two project is a good thing but to be honest I dont really believe much BAKKT helping the crypto currency market to gain more demanding or increase in price of the market because it only meant for the ease of crypto trading and transaction. While ETF will give investors  more confidence.

[whiteblue]

maybe this plan of ethics wants to make the big giant companies in the world begin to accept payments and provide clear rules for the circulation of existing cryptocurrency, but this doesn't seem to work smoothly because not all large companies can accept cryptocurrency.