Quote from: Baofeng on September 22, 2019, 06:06:53 AM

Quote from: maxttilt on September 22, 2019, 04:54:53 AM

Why isnt the official launch of BAKkT driving btc prices up but instead its going the opposite way?

Are investors afraid of a massive dump coming up or what are the possible reasons there isnt any traction for BTC price ?

I guess no one is really excited about bakkt, or there are manipulators behind and push the price a bit so that they can buy cheap coins prior to the bakkt launch. Anyways, this bakkt offering is long overdue and people are not that very enthusiastic and eager to say the least. But we will see the impact in the long run though, it's supposed to be the next catalyst for a bull run so let's stay relax for now and see how it goes.

As always is the case, before every bull run we see an unexpected dump. Lets hope this is the last dump and we move upwards after this. BAKKT is a big platform and there are chances that we see big increase in the overall market cap.