Topic: The first Bakkt Bitcoin Futures trade - page 2. (Read 381 times)
All i have been seeing for the past few days is people hyping bakkt and saying it will have a positive impact on bitcoin price, it will be very disappointing if it doesn't.
Finally, it's lived now. I wonder what will happen in the next few hours after this. Will it affect the bitcoin price, and we will see the next higher price, or it will remain like the price now?
What do you think, guys? I don't know if the news is real or not, I just read on twitter
What do you think, guys? I don't know if the news is real or not, I just read on twitter
Don't bet against Bitcoin, you will be hurt... The others? Fair game, especially the centralized "stable" coins, give them enough time and they will fail
Finally, it's lived now. I wonder what will happen in the next few hours after this. Will it affect the bitcoin price, and we will see the next higher price, or it will remain like the price now?
What do you think, guys? I don't know if the news is real or not, I just read on twitter
Source : https://twitter.com/Bakkt/status/1175938226554658824?s=19
After a long waiting period I’m glad they were able to get it running, but I don’t think it’ll have any effect in the short term because people are not as excited about it as they were before. However in the long run I’m expecting it to influence bitcoin prices, and we may even see massive gains because of Bakkt in coming months. It’s pertinent to note that bitcoin prices have dropped about $200 on preev, hence I believe we’ll have to be really patient to see Bakkts positive effect on bitcoin prices.
First impressions after Bakkt launched looking not so good. Bitcoin still continues to go down and now the price is 9850 dollars. But who knows, this may be indicating a forthcoming bull run.
Well it has started, so let's hope institutional traders see the potential in this investment option and they grab the opportunity to buy some, whilst it is still relatively cheap.
The slow start is typical of institutional investors that are used to "safe" investment options and traditional asset classes that are guaranteed to give them small profits.
They also know the puppet masters of the stock exchange manipulate other asset classes, so they have protection against losses, before it happens. https://www.reddit.com/r/Bitcoin/comments/d815iu/exclusive_behind_the_scenes_a_bakkt_courier_was/ Give it a upvote for more exposure.
That news is beneficial for the market, RT is a great news chain, seeing Bitcoin there is synonymous that there are many people already online knowing and wanting to know more about technology, I believe that the demand in the market can increase as the time, so you can expect the price of Bitcoin to start rising. There are many investors worldwide who do not know what to invest in and seeing the boom that Bitcoin is taking is very good, because they will begin to lean on this side of the market, a volatile and exciting market.
According to the below article, the first day trading volume in Bakkt is little over $290,000. Not a great start indeed! Especially with the huge hype they enjoyed before the launch whereas CME had managed to get over few hundred millions within the first week!
https://www.coinspeaker.com/bitcoin-ices-bakkt-futures-250000-barrier/
However, I am still very optimistic about bakkt because it has the capability of turn the tide in favor of crypto as it is physically settled contract unlike any other contracts available in the market!
https://www.coinspeaker.com/bitcoin-ices-bakkt-futures-250000-barrier/
However, I am still very optimistic about bakkt because it has the capability of turn the tide in favor of crypto as it is physically settled contract unlike any other contracts available in the market!
They had a chance for a huge hype... a year ago when they were supposed to launch. But then there was December and then there was February or March and then there was... yes September. People had enough of their delays and empty words and many gave up on the idea and lost interest. Those who did not are waiting for the big money to come in. Sounds pretty normal I'd say, but what if the big money is also waiting for someone else to make a move. We'll probably have to wait until the halving hype kicks in.
This is the key for mass adoption, not only on restaurants with btc payment method but surely this will hit on other industry even it has a low trading volume. Months by now it will start pushing the price of bitcoin making it unstoppable next year. Let us pray for institutional investor to get jump in BAKKT as they are anticipated to do the price increase making the price of bitcoin healthy in long term.
According to the below article, the first day trading volume in Bakkt is little over $290,000. Not a great start indeed! Especially with the huge hype they enjoyed before the launch whereas CME had managed to get over few hundred millions within the first week!
https://www.coinspeaker.com/bitcoin-ices-bakkt-futures-250000-barrier/
However, I am still very optimistic about bakkt because it has the capability of turn the tide in favor of crypto as it is physically settled contract unlike any other contracts available in the market!
https://www.coinspeaker.com/bitcoin-ices-bakkt-futures-250000-barrier/
However, I am still very optimistic about bakkt because it has the capability of turn the tide in favor of crypto as it is physically settled contract unlike any other contracts available in the market!
Well this is all good news for all the Big Bitcoin Holders as they will eventually be sitting on a gold mine, especially with Bitcoin halving next year. This is at least a step in the right direction for mass adoption but mainly happening from the top end of Society, by those who hold the large purse strings. I think now big capital will be comfortable to acquiring more and more of this deflationary asset. Well deflationary in the sense that less and less of it will be mined every four years or so. BAKKT is something many were waiting for.
Bakkt is a great add to the CryptoCurrency mood to be honest.
We need more Bakkt Niche in this space to make Bitcoin & CryptoCurrency mass adopted.
I personally don't like the Future, i'll stick with trading where i feel better, but Bakkt made great move to make Bitcoin & CryptoCurrency more exposed to the mas & real investors.
We need more Bakkt Niche in this space to make Bitcoin & CryptoCurrency mass adopted.
I personally don't like the Future, i'll stick with trading where i feel better, but Bakkt made great move to make Bitcoin & CryptoCurrency more exposed to the mas & real investors.
Finally, it's lived now. I wonder what will happen in the next few hours after this. Will it affect the bitcoin price, and we will see the next higher price, or it will remain like the price now?
What do you think, guys? I don't know if the news is real or not, I just read on twitter
Source : https://twitter.com/Bakkt/status/1175938226554658824?s=19
The news is real, Bakkt is live. As for how it will affect the price — it will be healthy for Bitcoin, but it won't cause a price surge. It is a step in the right direction imo, but that is all that it is.
The launch of Bitcoin futures on the Bakkt platform is a highly anticipated event. At the moment, the price of Bitcoin is in no hurry to conquer new peaks, on the contrary, it has even slightly decreased. Although in the medium term, this event should push the price up, because this is a completely new investment opportunity.
Well it has started, so let's hope institutional traders see the potential in this investment option and they grab the opportunity to buy some, whilst it is still relatively cheap.
The slow start is typical of institutional investors that are used to "safe" investment options and traditional asset classes that are guaranteed to give them small profits.
They also know the puppet masters of the stock exchange manipulate other asset classes, so they have protection against losses, before it happens. https://www.reddit.com/r/Bitcoin/comments/d815iu/exclusive_behind_the_scenes_a_bakkt_courier_was/ Give it a upvote for more exposure.
On the long term, it should be good.
On short term (next hours), it's up to day traders and speculators. Imho the price was decreasing artificially during the weekend. It may reverse or not. Or we may see a short pump and dump. Or a bull run could start. Did I miss anything? LoL. It's very hard to predict and many say what they wish instead of what could really happen.
I kinda wish for a pump, no matter if it's short lived or not.
On short term (next hours), it's up to day traders and speculators. Imho the price was decreasing artificially during the weekend. It may reverse or not. Or we may see a short pump and dump. Or a bull run could start. Did I miss anything? LoL. It's very hard to predict and many say what they wish instead of what could really happen.
I kinda wish for a pump, no matter if it's short lived or not.
Finally, it's lived now. I wonder what will happen in the next few hours after this. Will it affect the bitcoin price, and we will see the next higher price, or it will remain like the price now?
What do you think, guys? I don't know if the news is real or not, I just read on twitter
Source : https://twitter.com/Bakkt/status/1175938226554658824?s=19
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