NEW BAKKT game - page 9. | Bitcointalksearch.org

exstasie

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Quote from: BiteMyShinyMetalAss on January 21, 2019, 06:10:18 AM

Quote from: El duderino_ on January 21, 2019, 05:55:39 AM

^
i'm still curious when BAKKT will launch, cause sometimes the announcements and delays are more and more looking @ some kind of game playing Roll Eyes

1) They wont launch on 24th as they still dont have an aproval
2) Even if they launch - this wont affect price

BAKKT is severelly over rated!

I think so too. It might cause a little bounce or short squeeze, but I don't see it as a catalyst for ending the bear market.

U.S. government shutdown still in effect. Almost the entire CFTC staff isn't working, so I'm sure the application is just gathering dust. My guess for launch date: sometime in March.

asche

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Quote from: Globb0 on January 21, 2019, 06:13:16 AM

Approval could give rise to a sentiment change

To me approval could just be the one drop that would maybe make it change.

Right now we would need more than a single drop. More like a waterfall I reckon. But I have patience, if the upward movement comes in 2020 or 2021 it is fine by me too.
I will still be alive and available to have fun on it!

Globb0

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Free spirit

Approval could give rise to a sentiment change

BiteMyShinyMetalAss

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Quote from: El duderino_ on January 21, 2019, 05:55:39 AM

^
i'm still curious when BAKKT will launch, cause sometimes the announcements and delays are more and more looking @ some kind of game playing Roll Eyes

1) They wont launch on 24th as they still dont have an aproval
2) Even if they launch - this wont affect price

BAKKT is severelly over rated!

El duderino_

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BTC + Crossfit, living life.

^
i'm still curious when BAKKT will launch, cause sometimes the announcements and delays are more and more looking @ some kind of game playing Roll Eyes

STT

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Quote from: El duderino_ on January 16, 2019, 08:32:15 PM

Meh,
Thats just the worst case scenario for this thread......

I dont know, if we are talking the bulk of bets on a higher price. I thought that would require a far longer cooking time to really be feasible. We can spike up of course always but I figured also the higher guesses would require Bitcoin to develop some, mull over the BAKKT potential development, the price possibly builds a little and also less selling as we reach exhaustion on that overhang from 2017. Then Ontop of that you get the spike up, then I believe any of the guesses above 8 or 10k are actually reasonable. My 6k guess was a just a compromise, maybe I should have aimed higher, dreamed bigger

El duderino_

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https://twitter.com/coindesk/status/1087073564338126848?s=21

El duderino_

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BTC + Crossfit, living life.

Meh,
Thats just the worst case scenario for this thread......

RivAngE

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Quote from: El duderino_ on December 11, 2018, 06:23:32 AM

“In case of never launch ..... end 2019 automatic close of the game”

Seems like we've bet for the price on the end of 2019 after all! No BAKKT this year guys.
I guess the cartel is not ready for a pump and dump on BTC so they delayed the launch?

El duderino_

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^
Ofcourse there is many (what if and when and.....)
Everybody has their own reasonable guess of price

asche

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Quote from: KingZee on January 16, 2019, 10:48:29 AM

I know Bakkt might not have that much effect on btc, but in the least I'd expect it to pump it a few hundred dollars. 4200$ is extremely low and can be overtaken by the smallest move

I took my chances. Let's see who is closer to the actual result when the game is over

El duderino_

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BTC + Crossfit, living life.

^
I support that, a sudden Spike is never out of question with BTC

And this game is a little bit related with thinking of BAKKT would have Some effect, but as well with is it possible another delay and Then another delay and.... it would even be reasonable to just PICK a price thought of what you think the highest price of 2019 could be, cause the game ends Then (and thats if BAKKT would keep delaying or something would happen and it doesn’t launch)

KingZee

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Quote from: asche on January 16, 2019, 09:45:01 AM

You do realize that without delays the game would have been over way before the end of q1?

I would have definitely wished for bakkt to actually be launched this month, but you should also know that you were betting on btc not to go above 4200$ in the entire duration of at least the next month or two.

I know Bakkt might not have that much effect on btc, but in the least I'd expect it to pump it a few hundred dollars. 4200$ is extremely low and can be overtaken by the smallest move

asche

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Quote from: KingZee on January 16, 2019, 09:43:48 AM

Quote from: asche on January 16, 2019, 03:36:30 AM

Quote from: El duderino_ on January 15, 2019, 06:14:11 PM

https://twitter.com/longhashdata/status/1085015781736251392

If this is true, my chances of winning just decreased dramatically.

Please let it be false

I dont think you had any chances to begin with Cheesy

I'm sure that by the time Q1 ends we're going to have a nice bullish trend, I want to see the number 6 on the left again.

You do realize that without delays the game would have been over way before the end of q1?

KingZee

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Quote from: asche on January 16, 2019, 03:36:30 AM

Quote from: El duderino_ on January 15, 2019, 06:14:11 PM

https://twitter.com/longhashdata/status/1085015781736251392

If this is true, my chances of winning just decreased dramatically.

Please let it be false

I dont think you had any chances to begin with Cheesy

I'm sure that by the time Q1 ends we're going to have a nice bullish trend, I want to see the number 6 on the left again.

asche

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Quote from: El duderino_ on January 15, 2019, 06:14:11 PM

https://twitter.com/longhashdata/status/1085015781736251392

If this is true, my chances of winning just decreased dramatically.

Please let it be false

exstasie

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Quote from: El duderino_ on January 15, 2019, 06:14:11 PM

https://twitter.com/longhashdata/status/1085015781736251392

Who is LongHash? Doesn't seem very reputable considering no one I know seems to follow them. I'm skeptical about their April timeline because not even the CFTC would make that estimation, especially in the face of a continued government shutdown.

I'm sure the government shutdown does affect Bakkt though, they're right about that. The vast majority of CFTC employees are on furlough now, so there's no way the review is moving forward. Everyday the shutdown continues is a day Bakkt gets pushed back, basically.

They seem intent on moving forward though. I don't think they would have raised $182M in seed money recently or acquired customer accounts from this registered FCM if the launch weren't coming soon. February/March is my guess, depending on when the shutdown gets resolved.

Last of the V8s

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https://twitter.com/jchervinsky/status/1085018289087094785
The SEC has to make a final decision on the VanEck/SolidX bitcoin ETF by February 27 & the shutdown doesn't change that. The deadline cannot be extended. Bakkt is a different story: the CFTC does not have a firm deadline to finish its review, so Bakkt can be postponed forever.

It'll likely be pretty delayed though, despite Wall St really wanting in. That lot can fomo like the rest of us.

kenzawak

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