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Topic: Why do you believe that Bakkt can influence BTC and alts' values too much? - page 2. (Read 441 times)

legendary
Activity: 3052
Merit: 1273
Me, and everyone here is waiting for this Bakkt platform to show up and let the institutional investors get started by letting them play with the values by longing/shorting BTC with huge contract sizes of approx. 25 BTC. But when we say that it could affect the values too much, what is the base of saying that? Couldn't everything prove negative just the way it did when we expected something different through Bitmex and CBOE futures but a lot more different things happened and we're here at sub-4k? When we speak that Bakkt could move the price of BTC and alts to boom alone, then why didn't it happen before itself? Why are we currently standing at 3.6-4k levels with the fear of getting dumped down to less than 2k by those institutional investors who're currently making lots of BTC through their shorting techniques?
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