BAKKT launch
I thought YOU were smarter than THAT..
Not sure what you mean. I could give a shit about BAKKT.
However, I am smart enough to know that the deep pocket players that will be playing the BAKKT game aren't going to start kick off without dumping the current market price first. Scare out the little guys and take positions. It's market strategy 101.
And this market is so easy to dump (if you have the coins like miners and exchange operators do). The float is thin as a pancake. Overall daily trading volume is a joke. Hell, some of the exchanges could even be running completely phantom trades.