Quote from: undertheradar47 on September 23, 2019, 02:42:54 AM

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/

Like most of the exchanges, it will take some time that people would soon realize the relevance and innovation of Bakkt has provided. Although the initial stage is worse than expected, it is still early to conclude about its success. Also, do note that they offer an exchange where it involves real contracts, which no exchange has ever done. Give it some time and exposure until people realize the relevance of each transaction.

Quote from: crypthough on September 24, 2019, 04:14:53 PM

I think that it's too early to say that bakkt failed. In my opinion bakkt need a little bit more time and is long term bullish. But the fact that people expected a big price increase because of the launch of bakkt can be short term bearish due to the disappointing.

Concluding that Bakkt failed prematurely is hasty generalization and conclusion. It will require some time until the people realize the effects of its transactions. Most are still skeptical and doubtful on using the exchange but it is plainly normal for anyone to think that way. Again, give it some time!