https://www.binance.com/en/support/announcement/0e553c69c6ab4265bf97aca31be6fbe7?ref=JLI1VBLA&utm_source=BinanceTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial
What's your thoughts about it?
Topic: Why we want btc etf and bakkt? (Read 908 times)
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What's your thoughts about it?
https://www.binance.com/en/support/announcement/0e553c69c6ab4265bf97aca31be6fbe7?ref=JLI1VBLA&utm_source=BinanceTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial
What's your thoughts about it?
We do need BAKKT for bitcoin to prove its not an application or just a software like blockchain.
We need bakkt to show people this is an investment product that you can buy and hold for a long time to profit in the end. There are stuff like that you can do directly right now, as in spending fiat to get bitcoin and basically the same thing but there are older people or people who are not familiar with technology enough to know how safe it is to keep your bitcoins in a wallet.
Thanks to bakkt we can reach to those old people with suits going to work and buying stocks for their retirement, this broadens the audience bitcoin has. Same with ETF as well btw, it is broadens the audience for bitcoin. It is not a difficult tech but trusting thousands of dollars to Bakkt and thousands of dollars to coinbase are different in many peoples eyes.
We need bakkt to show people this is an investment product that you can buy and hold for a long time to profit in the end. There are stuff like that you can do directly right now, as in spending fiat to get bitcoin and basically the same thing but there are older people or people who are not familiar with technology enough to know how safe it is to keep your bitcoins in a wallet.
Thanks to bakkt we can reach to those old people with suits going to work and buying stocks for their retirement, this broadens the audience bitcoin has. Same with ETF as well btw, it is broadens the audience for bitcoin. It is not a difficult tech but trusting thousands of dollars to Bakkt and thousands of dollars to coinbase are different in many peoples eyes.
In my opinion it is very important as a history of Bitcoin travel so that it will give birth to good news for Bitcoin, because automatically when ETFs and Bakkt are approved, people will increasingly believe in Bitcoin especially in American countrie where most people don't invest in Bitcoin.
We don't need the Bakkt to be approve as it's not an application, they are a company who will launched in crypt, they are in the business world for so long and is already big now, the effect of their launch is an increase of adoption. On the other hand, the ETF would also help on the adoption, more company will operate and get the approval from SEC once we see the first approval this year. Thats good to hear . i see that etf and bakkt can bring positive effects on cryptocurrencies but the only problem is that etf have been cancelled many times . while i dont hear any updates regarding on bakkt .
That's why we need regulation so that we can safeguard our balance .
You dont need regulation before you can safe guard your balance because regulation is not a kind of security . wallet and exchange is already secure , it only depends on how you handle your balances .
Bitcoin is a digital currency the investors use it as a day to day transaction to purchase goods and services from abroad so the people need a complete protection for the transaction and also they need a stability in price since Bitcoin is volatile there is no stability in value it fluctuates too often .. Coming to the market price of 2018 it was a bad time for Bitcoin investors we can hope a brighter future for Bitcooin in this year 2019 .This year starting Bakkt exchange has been launched and Bakkt may help conversion of Bitcoin to fiat money .Bakkt and etf can bring Bitcoin closer to adoption and investors to safe and profitable way .
In my opinion it is very important as a history of Bitcoin travel so that it will give birth to good news for Bitcoin, because automatically when ETFs and Bakkt are approved, people will increasingly believe in Bitcoin especially in American countrie where most people don't invest in Bitcoin.
We don't need the Bakkt to be approve as it's not an application, they are a company who will launched in crypt, they are in the business world for so long and is already big now, the effect of their launch is an increase of adoption. On the other hand, the ETF would also help on the adoption, more company will operate and get the approval from SEC once we see the first approval this year.
In my opinion it is very important as a history of Bitcoin travel so that it will give birth to good news for Bitcoin, because automatically when ETFs and Bakkt are approved, people will increasingly believe in Bitcoin especially in American countrie where most people don't invest in Bitcoin.
I do not think that etf and bakkt are really needed for cryptocurrencies market. These two can bring more liquidity into market, but this is not only one problem which cryptocurrencies faces.
Yes I think it will promote cryptocurrency after there will be regulations. For now, many are being victimized with fraud, scam and hacking activity this because there are no third party like government has control over it. If there could be regulations then the government will surely find a way to minimize this problem in cryptocurrency and make it more likely to get involve. That's why we need regulation so that we can safeguard our balance and to minimize the chances to get scam by frauds. And also if ETF will approve then we might gonna get some chances to get on higher grounds and reach unto most numbers of majority who didn't know about bitcoins.
I do not think that etf and bakkt are really needed for cryptocurrencies market. These two can bring more liquidity into market, but this is not only one problem which cryptocurrencies faces.
Yes I think it will promote cryptocurrency after there will be regulations. For now, many are being victimized with fraud, scam and hacking activity this because there are no third party like government has control over it. If there could be regulations then the government will surely find a way to minimize this problem in cryptocurrency and make it more likely to get involve.
If Bitcoin will become more legit in the near future, for sure it is 100% good to all bitcoin users.
That's why we need ETF and bakkt at this point of time. Due to as long as its not being approve it will be hard or difficult
for us to get big profit in a fastest way. But once it has been approved lots of crypto currency will get easily rise their price value and bakkt
we all know will going to launch their platform too.
That's why we need ETF and bakkt at this point of time. Due to as long as its not being approve it will be hard or difficult
for us to get big profit in a fastest way. But once it has been approved lots of crypto currency will get easily rise their price value and bakkt
we all know will going to launch their platform too.
The most logical answer to these is to be more legit and more professional nothing else. They will not bring anything new to bitcoin that we do not already have, this is just a PR move for people who are interested in bitcoin already. It is kind of like selling stuff on ebay for a while and not making enough to declare anything but after a certain while when you make a ton of money you let the IRS know and that is how you become a legit business.
Yes, there are responsibilities that come with it but now you are not a garage sale type of person but a business, that is what bitcoin is after. We can continue being like this forever but the more governments get into this the more laws will be for bitcoin and that would mean dealing with bitcoin will be more common than ever.
Yes, there are responsibilities that come with it but now you are not a garage sale type of person but a business, that is what bitcoin is after. We can continue being like this forever but the more governments get into this the more laws will be for bitcoin and that would mean dealing with bitcoin will be more common than ever.
I do not think that etf and bakkt are really needed for cryptocurrencies market. These two can bring more liquidity into market, but this is not only one problem which cryptocurrencies faces.
I think many people are very hopeful about ETF and BAKKT, they hope that when they get approved, they will create a bull run, I think they are totally wrong, it will have a positive impact, but it will not make the market go up instantaneously, just because one thing is technology, community and projects and another very different is trading, in trading the news does not have that impact, unless it is a Fundamental, I am in favor of approving everything, with that there is more participation and acceptance in the bitcoin and altcoins but the deep and instantaneous impact will not occur.
even though it doesn't rise immediately, but by being held, it can be a signal that in the future the future of bitcoin will be good, because there will be many new investors who come and invest their funds, that's my hope. easily, every good news will certainly make a good impact, and vice versaI think many people are very hopeful about ETF and BAKKT, they hope that when they get approved, they will create a bull run, I think they are totally wrong, it will have a positive impact, but it will not make the market go up instantaneously, just because one thing is technology, community and projects and another very different is trading, in trading the news does not have that impact, unless it is a Fundamental, I am in favor of approving everything, with that there is more participation and acceptance in the bitcoin and altcoins but the deep and instantaneous impact will not occur.
even though it doesn't rise immediately, but by being held, it can be a signal that in the future the future of bitcoin will be good, because there will be many new investors who come and invest their funds, that's my hope. easily, every good news will certainly make a good impact, and vice versa 
I think many people are very hopeful about ETF and BAKKT, they hope that when they get approved, they will create a bull run, I think they are totally wrong, it will have a positive impact, but it will not make the market go up instantaneously, just because one thing is technology, community and projects and another very different is trading, in trading the news does not have that impact, unless it is a Fundamental, I am in favor of approving everything, with that there is more participation and acceptance in the bitcoin and altcoins but the deep and instantaneous impact will not occur.
Since those issues are the reason why bitcoin and cryptocurrencies market are having up and down I think we really need ETF approval, bakkt future trade and others. We just need to keep hope that there come to pass and there are currently the trigger point.
Yes, I am very sure that if Etf and Bakkt are approved it will have a big impact on Bitcoin, for one reason which in my opinion is very appropriate, if Etf is approved then Bitcoin will automatically be officially traded in the US stock exchange, so more people will be confident and invest in Bitcoin.Since those issues are the reason why bitcoin and cryptocurrencies market are having up and down I think we really need ETF approval, bakkt future trade and others. We just need to keep hope that there come to pass and there are currently the trigger point.
Yes, I am very sure that if Etf and Bakkt are approved it will have a big impact on Bitcoin, for one reason which in my opinion is very appropriate, if Etf is approved then Bitcoin will automatically be officially traded in the US stock exchange, so more people will be confident and invest in Bitcoin.Since those issues are the reason why bitcoin and cryptocurrencies market are having up and down I think we really need ETF approval, bakkt future trade and others. We just need to keep hope that there come to pass and there are currently the trigger point.
Yes, I am very sure that if Etf and Bakkt are approved it will have a big impact on Bitcoin, for one reason which in my opinion is very appropriate, if Etf is approved then Bitcoin will automatically be officially traded in the US stock exchange, so more people will be confident and invest in Bitcoin. more institutional investors invest in crypto trading more exposure and funding comes to cryptocurrency industry it is good for crypto market
Yea bla bla bla. They have soo manny options to buy bitcoins. From bitcoin itseft to bitcoin contracts, ETP in Switzerland and so on. If they would see massive profit here they would not abandon
it only becauce they are not able to buy it by their favour etf (is ETF really that good for big institutions?).
To pump bitcoin price we need them to come to us to tokenize their old technology traditional stocks to make investing easier. As i said. Its not that easy to buy foreign stocks. You cant transfer shares to other person.
Since those issues are the reason why bitcoin and cryptocurrencies market are having up and down I think we really need ETF approval, bakkt future trade and others. We just need to keep hope that there come to pass and there are currently the trigger point.
more institutional investors invest in crypto trading more exposure and funding comes to cryptocurrency industry it is good for crypto market
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