What's there in the future of Bakkt?

GreatArkansas

legendary

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There's another issue about the futures market of Bakkt, which some people saying that futures market(especially bakkt) are not totally backed with any fiat currency like US DOLLARS.
You can check that twitter account and check the medium post, he also mentioned that Mastercard has patent that discovered about that issue.

tabas

hero member

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How long Bakkt has been implementing their bitcoin futures? On the first day, it was being made fun because it's not that high and now that it's progressing and getting the traction, still not enough?
It will require time for us to see the effect of it to the main market.

the rise

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Quote from: GreatArkansas on December 04, 2019, 11:07:25 AM

I also don't support Bakkt when it term on technology of Bitcoin.
But overall Bakkt has also good effects on Bitcoin, especially the adaption, lot of people will start to talk about Bitcoin or cryptocurrency because it becomes available of one of the famous digital market company.
But the only one I noticed or some people told.
Gold Futures Started = Major rally on gold price.
So, Bitcoin Futures started = Do we also see really on Bitcoin price?

this year just testing. I say that because it only has an effect of under 40%, and there isn't much change except the fact that bitcoin still tends to go down. Many say they failed but this is just the beginning. Sentiment with gold futures is very different, bitcoin runs slowly. Q4 is not a good start for bakkt.

GreatArkansas

legendary

Activity: 2506

Merit: 1394

I also don't support Bakkt when it term on technology of Bitcoin.
But overall Bakkt has also good effects on Bitcoin, especially the adaption, lot of people will start to talk about Bitcoin or cryptocurrency because it becomes available of one of the famous digital market company.
But the only one I noticed or some people told.
Gold Futures Started = Major rally on gold price.
So, Bitcoin Futures started = Do we also see really on Bitcoin price?

ansi

sr. member

Activity: 882

Merit: 254

Bakkt are just " adapting with market condition, a market where volatility would kill you if not smart enough or not having that ultimate money management of your investments.

This quote prove what i'm saying:
' When this was launched less than 50 BTC futures contracts were traded in the first 24 hours, which helped to know about the derision amongst the community. '

It will take more time for BAKKT to be one of the best Bitcoin Futures market, but differently now now in this market conditions.

Harrydose

newbie

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BAKKT Bitcoin prospects are just supported by 37% with the physical Bitcoin. Is stunning right isn’t it! Well indeed, you got it accurately, the “Completely BAKKT” was only a myth. This ongoing disclosure manipulated the financial specialists who were told the way that the

“Bakkt futures are fully collateralized or pre-funded (as they were to be)”.

The Prema bulls had expected that the institutional investors would have had put resources into the cash had the past conditions been met, however since it has changed to just 30% of reality, this has lost its potential. This, thusly, brings up the issue, regardless of whether the entire crypto field is manipulative or not

Source: TheCoinRepublic

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