Topic: [Bakkt's]Now live (ICE) (Read 251 times)

Yun nga ang kaduda duda eh, pag launch nila biglang bagsak ang presyo kaya marami ang nagsasabi na baka may manipulasyon na nangyari na kung sino mang bad entity sa likod ng crypto. Kaya maraming naging skeptics hanggang sa ngayon at hindi makapag decide. Tama masyado pang maaga talaga para makita ang epekto siguro pag malapit na matapos ang saka natin malalaman talaga ang tunay na effect s market.

It is expected.  Natapat kasi ang BAKKT launch sa pagbagsak ng presyo ni Bitcoin, kaya karamihan sa client nila ay medyo skeptical.  Hintay pa tayo ng mga ilang buwan at kapag pumalo si Bitcoin makikita mo ang pagdami ng mga client nyang BAKKT.  It is too early to think na failure ang project unless the project shutsdown.

UPDATE on BAKKT

Though it is too early to conclude on the fate of Bakkt, things are not doing well with this platform even after two weeks of the launch. People are getting to be skeptical if it can be able to reverse the situation it is in and some are analyzing that maybe the institutional market is not after interested with Bitcoin-settled contracts and maybe they preferred cash. Here is a tweet that summarize things for Bakkt:





This was published 10/07/2019: Since its launch, Bakkt didn't show expected results. Last 4 days the amount of Bitcoin futures didn't exceed 50 contracts — everything is that bad? Two weeks after the launch, Bakkt never showed an increase in trading volume, and the last 4 days the number of contracts does not exceed 50 units, as evidenced by the tweet on the official page.

When a reverse Hands of Midas is being a topic these days, I am sure that what happened in Bakkt can be one of the most popular and glaring example. But then again, let's not still give up on Bakkt as a miracle can possibly be coming...who knows? 

Over a week na at wala pa ring naipo-post na magandang statistics si Bakkt. Personally I felt na overhyped to dire results ang nangyari sa kanila. Though hindi pa naman talaga eto ang end ng platform pero medyo disappointing lang talaga yung results. A lot of people actually expected a short bull run, pero ang nangyari ay kabaliktaran, o talagang nataon lang talaga yung correction due to the upcoming halving in 2020. Consolidation phase na naman, make the most out of it mga kabayan!

Napaka daming umasa na sa pamamagitan nito ay mag papump ang presyo ni bitcoin before and after nito mag live. Ngunit  iba ang kinalabasan nito sa inaasahan at isa na ako doon sa mga nadismayang libo libong umaasa, mabuti nalang at naagapan ko ito na kahit papaano ay medyo na secure ko yung entry ko.stop loss.

Of course, coincidence lang talaga yan kasi kung naging mainit lang sana ang pagtanggap ng merkado sa Bakkt sigurado di ko maisip ang connection ng salitang ICE sa kanila. Bago pa man nag-launch ang Bakkt marami na ang agam-agam na sa halip na makatulong ito sa pagpapalago ng Bitcoin siya pa ang maging dahilan sa paghila ng presyo ng Bitcoin pababa...at nangyari nga ang di inaasam ng marami. Sa ngayon, sa nakikita ko panandalian pa lang naman ang pangyayaring ito...baka sa mga susunod na mga buwan lalo na sa 2020 eh sisigla na ang kalakalan sa Bakkt pag nakita na ng mga insititutional investors at kanilang fund managers na pwede silang kikita ng malaking ganansya gamit ang Bakkt. The bottom line here is always the profit and the overall mood in the market which means to say that when investors are enveloped by fear most likely many of them will stay on the sideline just waiting for the right time to join the game. Sa kalagitanaan ng 2020 mas maigi na magkaroon ng magandang pagsusuri kung nakakatulong nga ba talaga ang Bakkt at meron pa ba itong magandang hinaharap na aasahan sapagkat kung wala na talaga eh mabuti pa tong ipasara o di kaya ay baguhin ang mga bagay-bagay nito or should we say improve and improvise.

Medyo malabo ga pero magandang simula na ito. Sana madami pa ang mag aadapt  para mas marami mas maganda at tutulong sa pag angat ng presyo ng bitcoin.Iniiexpect ko na marami ang gaya ni BAKKT na lalabas at ngayonang maganda dahil mababa pa si btc. Once na umangat na si BTC isa ito sa mag fuel ng bullrun sa opinyon ko.

Ang taas kasi talaga ng hype dito nung nagkaroon ng go signal na pwede na syang mag live sa market. Unfortunately, mukhang mahina pa talaga ang hatak at siguro isang dahilan talaga kung bakit bumaba from $10k-$8k. Baka nagpapakiramdaman muna. Although nakita na natin ang precedent, nung pumasok ang CME at CBoE, parang nagkaroon ng manipulation at nagsimula ang bearish market.


Coincidence lang siguro.  Eh paano kung maraming mag iinvest in the future? Baka kelangan din nila magpalit ng name? 

Medyo mahina talaga ang hatak ni Bakkt may nabasa lang akong isang tweet from reliable source (sorry hindi ko na mahanap yung mismong tweet) compare sa last involvement nila sa futures trading halos same din ang performance nila. Sa tingin ko malabong maging catalysts sa bullrun ito sa baba ng volume pero gayun pa man good exposure parin ito para sa mga institutional investors.

Walang duda na talagang nakakadismaya ang performance na nangyari sa mga unang araw ng Bakkt dahil kumpara sa volume ng mga malalaking cryptocurrency exchanges sadyang maliit lang talaga ang nalikom nitong business transactions. However, we should also be looking at the potential of Bakkt on the long-term. One, this is just starting and not all successful platforms started with a big bang as many of them grew from a very humble beginning and who knows Bakkt can be following the same path. Two, there is no question that institutional investors (the main target market of this platform) is still cold towards what Bakkt is offering but it does not mean that this current situation can't be reserved soon. Now I think here is the delimna we can find in the next few weeks: Bakkt is blamed as one of the major reason for the big dip in Bitcoin price and because of this there is a need for Bakkt to show some strength but institutional investors can be wary to do business with Bakkt if Bitcoin is getting bearish.

On the side note, isn't it a big coincidence that Bakkt is under the parent company called as ICE? Ice is cold and that is what exactly it got on its opening week...a cold reception from the market. Therefore, we need some heat to turn ice back into drinkable water.

Para sa interesado dyan na makita ang performance ng bakkt in it's first week,




https://twitter.com/lawmaster/status/1179376262768406529

Medyo nakaka dismaya pero antayin pa natin ang Nov-Dec bago natin husgahan ang epekto ng bakkt. Malay natin in the long run talagang maganda pala ang magiging effect. Just stay positive lang.

Medyo sumasang ayon ako sa sinabi mo na ito sir, kung magiging long term mindset lang ang gagawin ng isang individual trader sigurado ako na sa
kalaunan ay mapapakinabangan nya sa tamang panahon ang gagawin nyang paghihintay kung siya man ay bumili ng bitcoin sa ngayon habang ito ay bagsak presyo sa merkado.

While increased market liquidity can cause the markets to have less volatility, hindi parin ito guaranteed. Especially as kabubukas lang ng Bakkt, malamang sa malamang e kokonti palang ang gumagamit kaya wag agad tayo mag expect ng instant less volatility agad. And also, while magiging helpful ito sa long term in terms of liquidity, wag nating kakalimutan na pwedeng pwede na magkaroon parin ng price manipulators dito.

Going to the same logic diba pag may bagong “market mover” na papasok sa merkado ot would only make the market more volatile. Ang term na “market mover” din is no different sa pagiging whale sa merkado and sila din ang isa sa mga dahilan bat nagiging volatile ang market. Pero ang pinaguusapan na natin dito is ang financial money na papasok sa merkado kung ito ba talaga ayy different sa normal na merkado na meron tayo. Ang masasabi ko lang is just observe the normal market and lets see if there would be a big difference once BAKKT has set its footing in the crypto industry.

I believe same thread about BAKKT already exists? https://bitcointalksearch.org/topic/bakkt-exchange-launching-5182359

I would like to see that so the market will not so volatile, with this, we can attract more investors particularly the big investors as they already have a platform when they can invest bitcoin in a safer way. The whales have power to move the market but with more money coming in now, I think they cannot easily manipulate the price again.

Good thing bitcoin now is still stable at $10,000, I think we will not anymore see some kind of significant dropped like in the past even if bitcoin will move sideways like what its been doing in the past few days.

"The storm before the calm" 

May mga baguhan na umiiyak o nagagagalit nanaman dahil sa inverse effect ng Bakkt launching sa merkado. Inaasahan ko na magiging less volatile na si bitcoin ngayong mas marami ng "market mover" ang papasok.

Sa mga groups na part ako about trading, they always emphasize the capabilities of Bakkt.

I was aware of it's launching with Bakkt, and technically we just had started. Ang alam ko lang is at least one year ago siguro nung inannounce na siya? I think it's all about hype lang recently. Siguro ito na nga yung magiging simula ng pag dami pa lalo ng mga cryptocurrency users. It's just like a bank, meron na din stored value assets, etc. Tingnan natin ang effect, as of now, parang walang result yung hype eh.

Today is September 23, 2019 dito po sa Pilipinas at alam ko halos lahat tayo dito ay inaabangan ito, pero minabuti ko paring ishare para ma aware ang lahat.
Dagdag kaalaman: ang bakkt's po ay nakatangap po approval galing sa United States regulators at produkto ito ng Intercontinental Exchange/ICE ang operator ng New York Stock Exchange.




Para po sa iba pang mga detalye https://cointelegraph.com/news/bakkts-much-anticipated-bitcoin-futures-trading-platform-goes-live?utm_campaign=11013654&utm_source=sendpulse&utm_medium=push

Abangan nalang po natin kung ano ang magiging epekto nito sa kasalukuyang presyo ni bitcoin.