Post
Topic
Board Altcoin Discussion
Re: Bakkt is a new hope?
by
davinchi
on 10/01/2019, 07:06:10 UTC
Hey guys, since bitcoin ETF is not still approved by SEC, Bakkt is the closest big event for crypto community. Do you think crypto market will pump?
Bakkt is just the start. We just need those trillions of dollars going around in stock markets and forex and all that institutional money coming on our way a bit as well.

If we can manage to attract that type of huge investors that would mean the price would skyrocket instantly, think about it we have about 2 billion dollars daily trade volume and that would be just 10-15 banks all together combined doing trading in bitcoin alone, with 100+ banks and investors doing trading on bitcoin we can reach to 20+ billion dollars daily volume which eventually will be balanced and price will be stable at one point but until that moment the chances are the initial increase will be x10 as well, bitcoin will probably reach to 40-50 thousand dollars first thanks to the new money coming into our market and that is why we are so excited. Of course that won't happen in one day but it will happen in the long term.