How will the launch of Bakkt influence the crypto market?

SiverSurfer

jr. member

Activity: 149

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Quote from: andrejka on October 27, 2018, 03:30:53 AM

Quote from: coino.org on October 20, 2018, 05:51:34 PM

To my mind it is more important than ETF decision. ETF will be definitaly postponed multiple times, but BAKKT will affect market in a strong way.
I hope it will be a start of bull run

I fully agree with you. ETF won't have direct impact on the crypto market because it doesn't imply direct buying/selling of cryptocurrencies, but investing in a fund, just like buying shares of the company which monitors dynamics of the concrete index. So in fact you won't own bitcoins when investing in ETF. Besides ETF will be hardly ever approved before March, 2019.

Bakkt promised a 1:1 custodian, which means they have to buy from the market, which is good for demand

andrejka

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MOBU - FUTURE OF SECURITY TOKENS

Quote from: Endikadija on October 20, 2018, 05:53:57 PM

Quote from: batang_bitcoin on October 19, 2018, 06:53:44 PM

Quote from: SiverSurfer on October 19, 2018, 02:03:32 PM

Do we know what are the cryptos that will be included in BAKKT?

Not for now I guess, we have to wait for their further announcement regarding that.

Quote from: seo-maestro on October 18, 2018, 04:16:21 PM

Bakkt will be launched in November for testing and the real trading will begin in December so I'm waiting a huge bull run in December, 2019. BTC and ETH will make new ATHs in early 2019.

2019? they will test this year.
Bakkt Launch Set for Next Month, Institutional Investors Far More Involved in Bitcoin and Crypto Market Than Many Realize

BAKKT is another exchange site and then how could you believe if that will give a huge impact in the crypto? With that product and that doesn't mean we will get another 100 billion marketcap.
It seems they are still testing their beta platform. Majority of investors and speculators are doing nothing right now.
We will see that will be expected by these guys.

It's not just another exchange. Just look at who is in charge of its implementation. Intercontinental Exchange which owns more than 23 stock exchanges all over the world including NYSE. Microsoft and Starbucks are also involved in developing and launching this "another exchange" like you say))

andrejka

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MOBU - FUTURE OF SECURITY TOKENS

Quote from: coino.org on October 20, 2018, 05:51:34 PM

To my mind it is more important than ETF decision. ETF will be definitaly postponed multiple times, but BAKKT will affect market in a strong way.
I hope it will be a start of bull run

I fully agree with you. ETF won't have direct impact on the crypto market because it doesn't imply direct buying/selling of cryptocurrencies, but investing in a fund, just like buying shares of the company which monitors dynamics of the concrete index. So in fact you won't own bitcoins when investing in ETF. Besides ETF will be hardly ever approved before March, 2019.

ndico

member

Activity: 280

Merit: 10

better Days Ahead...

From all indication and the news i have read so far, i think it might have a small impact on the cryptos space, it will make the market to go up a little high but i don't think the news would be enough to launch us into the kinda of bull run we witnessed last year because a lot have changed in the space during this year.

andrejka

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Activity: 770

Merit: 251

MOBU - FUTURE OF SECURITY TOKENS

Quote from: donn2012 on October 20, 2018, 01:52:31 PM

Start Bakkt already rescheduled for December 12. Of course this is a positive innovation that will give a good impetus to the growth of all cryptocurrencies.

Yep, it has been postponed a little bit, but I hope the effect will be worth waiting and we will see a bullish market again at the end of this year!))

andrejka

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Activity: 770

Merit: 251

MOBU - FUTURE OF SECURITY TOKENS

Quote from: batang_bitcoin on October 19, 2018, 06:53:44 PM

Quote from: SiverSurfer on October 19, 2018, 02:03:32 PM

Do we know what are the cryptos that will be included in BAKKT?

Not for now I guess, we have to wait for their further announcement regarding that.

Quote from: seo-maestro on October 18, 2018, 04:16:21 PM

Bakkt will be launched in November for testing and the real trading will begin in December so I'm waiting a huge bull run in December, 2019. BTC and ETH will make new ATHs in early 2019.

2019? they will test this year.
Bakkt Launch Set for Next Month, Institutional Investors Far More Involved in Bitcoin and Crypto Market Than Many Realize

Absolutely! I hope it will include all the top 50 cryptos from coinmarketcap, however at the beginning we could only see just the major cryptocurrencies from top10 and then gradually the other ones would be added.

Concerning the second "quote" I guess it was a mistype))

andrejka

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Activity: 770

Merit: 251

MOBU - FUTURE OF SECURITY TOKENS

Quote from: ImHash on October 18, 2018, 03:10:23 PM

I would like to know more about this bakkt, From your post all I can see is that they are gonna make seamless buy/sell of all kinds of cryptocurrencies but I can't say if that's really a thing or not Cheesy

However having something like this is definitely gonna influence a lot of the things in this market.

You definitely need to learn more about Bakkt, cause personally I strongly convinced that it will influence all the crypto world boosting the whole market towards the moon)) Just look through their official blog on medium to get to know more about this issue - https://medium.com/bakkt-blog/newhire-launch-c5dd55254566

MinedTangerine

jr. member

Activity: 308

Merit: 4

It will probably make new investors come in. But in crypto you never know.

Mr.Boring007

newbie

Activity: 37

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If the launch of Bakkt in November is successful then we will see a increase in investment in the cryptocurrency world. It is a great thing and in my opinion will attract more people.

Thinkable999

newbie

Activity: 40

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If it holds true to its promises then it could create a positive impact in the cryptocurrency market. The more the investments the better for the crypto world.

raven.tiu17

full member

Activity: 364

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This is more than a hype but real back by an industry with millions users that will flow into crypto market. Im sure more blockchain smartphones will release this year like yhe HTC and Finney very soon.

Endikadija

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Merit: 509

Quote from: batang_bitcoin on October 19, 2018, 06:53:44 PM

Quote from: SiverSurfer on October 19, 2018, 02:03:32 PM

Do we know what are the cryptos that will be included in BAKKT?

Not for now I guess, we have to wait for their further announcement regarding that.

Quote from: seo-maestro on October 18, 2018, 04:16:21 PM

Bakkt will be launched in November for testing and the real trading will begin in December so I'm waiting a huge bull run in December, 2019. BTC and ETH will make new ATHs in early 2019.

2019? they will test this year.
Bakkt Launch Set for Next Month, Institutional Investors Far More Involved in Bitcoin and Crypto Market Than Many Realize

BAKKT is another exchange site and then how could you believe if that will give a huge impact in the crypto? With that product and that doesn't mean we will get another 100 billion marketcap.
It seems they are still testing their beta platform. Majority of investors and speculators are doing nothing right now.
We will see that will be expected by these guys.

coino.org

full member

Activity: 798

Merit: 101

To my mind it is more important than ETF decision. ETF will be definitaly postponed multiple times, but BAKKT will affect market in a strong way.
I hope it will be a start of bull run

cryptolidus

member

Activity: 406

Merit: 10

The bearish market to turn into bullish we need more investors, preferable institutional ones. Bakkt and Fidelity could potentially bring enormous capital into crypto and they could become key catalysts for the overall growth of the market.

donn2012

full member

Activity: 145

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Start Bakkt already rescheduled for December 12. Of course this is a positive innovation that will give a good impetus to the growth of all cryptocurrencies.

prostoFILIA

member

Activity: 132

Merit: 10

It is unlikely that it will have any serious impact, not a very large event, in order to affect the market.I take it this is an exchange?

kindbtc

member

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Bakkt is definitely going to be a bullish product for crypto, it is like a mini etf, in the long term all these regulated and compliant crypto products like bakkt and etf will be the driving force behind the super growth of crypto assets.

the13thsymphony

jr. member

Activity: 297

Merit: 1

For me until the project has started is beta phase and seen success to its beta users then I would say that it will make an impact to the market but for now we can just speculate is success, though the intent of the Bakkt project is good please remember that it is still up to the investors, developers and community to make its intention a success.

ColemanGentry

newbie

Activity: 16

Merit: 0

Well, from the facilities given in bakkt, it can be said that it'd be very easy and comforting to use. But seamless transaction seems a bit much, but if it's possible, then it's more than welcome. Also, just don't rush into anything, first see where it flows or its potentiality, then invest.

Mikeschmitt

newbie

Activity: 28

Merit: 0

Bakkt will definitely have a very positive effect on the crypto market because anything that will bring more investments and volume into the crypto market will definitely help in the growth of it. Bakkt want to do something special more institutional investors will be much more interested in investing cryptocurrency.

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