Post
Topic
Board Bitcoin Discussion
Re: Bakkt has traded only 7 BTC so far
by
Darker45
on 23/09/2019, 04:35:51 UTC
This was always the "moonshot bet" of the NYSE ownership, looks like an underwhelming start to Bakkt trading with only 7 BTC traded.

How will Wall Street react to Bitcoin-settled futures?

https://www.instagram.com/p/B2vLp43pI2A/

You must have too high expectations about it. Try to mellow it down, or get disappointed with the result. Also, this is just day one!

I don't expect Bakkt trading to be as loud and attractive out there as we have heard about it from in here. The hype of Bakkt is basically focused within the crypto community as it is another great step toward hitting the mainstream. But I'm not sure how the traditional traders outside the crypto world accept it. For sure, there will be doubts, there will be testing of the waters first. You cannot expect the majority of them to jump head-on into it. But what I'm sure of is that this is going to get better in the long run. There will be gradual effect rather than instant.