Topic: NEW BAKKT game - page 3. (Read 28614 times)

I haven't really looked into it, but I wouldn't easily trust their "secure storage of customer bitcoin". If BAKKT f*cks up and loses all coins, is there an insurance company that gives you back your Bitcoins? Or some dollar value at the moment of the hack, which you'll receive many years later (Mt. Gox anyone?) when Bitcoin went up 50-fold and you missed out on that?

Most people don't trust banks, but they trust the government guarantee that guarantees their savings (here up to 100,000 euro) in case the bank loses their money. I'd like to see stronger guarantees than that before I'll ever trust a company with storing my Bitcoin for anything longer than a quick exchange.

I'm really wondering at the logic of giving someone like Bakkt permission to "Warehouse" your money weeks before they deliver a product they've delayed all year long. Why would you move your money around twice and expose it to more points of failure?

But let's see. Maybe they're also trying to gauge if the interest is as strong as they first thought, or if people have lost confidence.

I'll wager they're doing it as a backup in case they can't launch. Then it'll be some excuse of when we launched Warehouse, the interest was not strong enough and the feedback was to adjust several more things, so we've decided to take the advice of our investors and continue developing the requested options. This will push full-Bakkt...

As per latest tweet:

https://twitter.com/Bakkt/status/1166743438332743685?s=20


Everyone now is getting excited or at least seeing this as a positive news that can boost the market price again. This could be a big opportunity to all of us so let's see how it will pan out, how many are willing to be early participants in Sept. 6.

In the past weeks, I have made some other posts in that line of skepticism, too, such as saying : "I will believe it when I see it."   

Funny, you did not venture a probability estimate, Loyce?  Maybe I would put a delay at less 33.333%, too?  So I am inclined to give it quite a bit better than 50/50 odds of launching on schedule, in my current thinking.

I wonder what the odds are that BAKKT gets delayed again. Their track records shows that chances are pretty high!

Yes.  I wonder what the odds would be that the current winner would be displaced.

40 days is a decently long time in bitcoinlandia in terms of what can happen with price.  Maybe less than 33.333% odds that the current winner would be displaced?

Ah yes I did know I lost a long while back, the smiley face sad face thingie micg did helps remind me every time haha.

My English I just realised totally said something else but I meant to say I think we are still going down, so the winner is probably not going to change in 40 days. Can I blame typing and thinking on mobile?

Bitcoin does have a strange way of proving predictions wrong so throwing my hat into da ring of destiny.

Sorry just read this, will look into it .... thx

I'm sure we all realize we lost, I just saw the news and figured I should share with everyone here since I'm sure the last 5 people participating are probably dying to know.

But the real reason is that I'm sure we all would like some bullish news for bitcoin, that was the philosophy of this whole competition no?

Hahahahaa

Even though I have some reservations about these kinds of games, it is interesting to see that the rules of this particular game had incentivized bullish predictions, even if some of the actual game participants might NOT have read (or understood) the actual rules language.

You do realise you already lost, right? It's the highest price (Bitstamp BTC/USD) reached between the start and end of the game. And that one is $13880... Only EatonABooger (current leader) and those with higher prices have a chance to win...

Almost forgot about it to be honest. And now that we're a month away, plus 17 days means we have exactly 40 days and nights til the outcome of this competition is decided... providing our friends at Bakkt keep their word, of course!

Am I feeling good about my $8888 price prediction? Why not? Most chartings seem to show a slightly downward trend for the mid term view.

How're you doing my man micG?

OP, are you interested in collaborating with RyNinDaCleM for a quarterly trading contest/tournament?, https://bitcointalksearch.org/user/rynindaclem-15327

He wants to reset his trading simulator, https://bitcointalksearch.org/topic/m.51700353

Time to bring this thread back to life?

https://medium.com/bakkt-blog/cleared-to-launch-8dfc3e6f9ed0

Well, what do you know, Bakkt is testing, following all the delays to launch. What were they doing before today then? Not testing?

Since we're talking about probility, I wager there's a higher chance of BTC dipping momentarily to my price guess of 8888 just before Bakkt launches, than there is of Bakkt launching without another new date.

Considering they wanted to open it last year already, it's actually quite sad to see they've only reached a testing phase now.

Nothing much it seems. "Testing" started yesterday. Announcing the testing phase and hyping it up feels like a delay tactic. Who cares about testing? They still don't seem to have a launch date for trading.

https://twitter.com/Bakkt/status/1153386876801310730

So anything happening with BAKKT?

edit: list of everyone

765      Fabiorem
3390    PoolMinor
3475    Arriemoller
3490    Spaceman_Spiff_Original
3498    Elwar
3499    stelee68
3550    HairyMaclairy
3568    jojo69
3586    slackovic
3645    campica
3675    Majormax
3729    Biodom
3764    manchester93
3799    Samarkand
3800    somac.                      
3866    3acaga
3910    bones261
3950    kurious
4000    sheenshane
4020    dogebearman
4022    bernardos
4080    Phil_S
4155    mfort312
4200    Last of the V8s
4222    Wind_FURY
4227    asche
4248    illyiller
4269    lulucrypto
4284    supertee
4300    Raja_MBZ
4334    eroejoe
4377    encycrypto
4422    vapourminer
4500    serveria.com
4590    figmentofmyass
4607    RealMachasm
4678    DeathAngel
4705    empowering
4756    angel55
4777    Kylapoiss
4792    F2b
4835    Laeltin
4850    TomCrypto
4906    mindrust
4949    kaicrypzen
4950    7jaka7
5025    d_eddie
5050    itod
5090    squatter
5091    m0gliE
5103    Teamki
5170    tertius993
5220    VB1001
5230    33bitcoin
5232    Olalomi
5240    romani245
5293    jonemil24
5340    exstasie
5420    tomahawk9
5501    Wilhelm
5555    bitserve
5560    MAbtc
5650    illinest
5665    jadenunderhill
5720    julian071
5750    dandannn
5770    mikeywith
5800    Yaplatu
5937    kenzawak
6000    marky89
6091    wachtwoord
6095    Trofo
6110    bigmelons25
6187    STT
6210    Doell
6245    LFC_Bitcoin
6255    Icygreen
6315    goldkingcoiner
6364    smartcomet
6479    Potato Chips
6612    khufuking
6666    sirazimuth
6789    etc.etc.
6841    Bitcoinaire
6969    BTCMILLIONAIRE
7000    Lambie Slayer
7132    thisisntbic
7200    _javier_
7215    Totscha
7411    ivomm
7550    RivAngE
7654    xhomerx10
7777    Crypdon
7900    JimboToronto
7999    Febo
8231    infofront
8250    BobLawblaw
8654    Maicol792
8695    KingZee
8888    buwaytress
9001    ChinkyEyes
9200    Globb0
9850    cryptofrka
9982    leonair
10147  rolling
11119  bitcoinPsycho
12500  Paashaas
12546  Ludwig Von
14682  EatonABooger                 
14700  Saint-loup
17331  xyzzy099
19957  picchio
20000  bitebits
25322  crazy-igzo
30645  LoyceV


FINAL LIST GOODLUCK

At the Q3 prediction game, I only have a 97.50 dollar window to win:

For BAKKT on the other hand:
Anything from 27984 dollar to infinity makes me a winner! I'd say the chance of me winning BAKKT is about 60 times more likely than me winning Q3, and if I look at historic performance on https://bitcoinaverage.com/en/bitcoin-price/btc-to-usd, it could take anywhere from 3 weeks to 3 years