WTF? So this drop isn't exactly what I expected, could it be BAKKT was overly hyped for so long that nobody cares anymore?
If I can continue speculating: I wouldn't be surprised institutional investors are going to cause a price increase once Bitcoin is low enough.
If I can continue speculating: I wouldn't be surprised institutional investors are going to cause a price increase once Bitcoin is low enough.
Yeah HairyMaclairy's thought was that on launch and few days after the price would drop sharp exactly like this.... not to massive deep but somewhere here
Why? people remember CME-CBOE release end what followed after from there, so on BAKKT launch there would be some uncertainty in the market to causes us a drop and of-course a bit of fear that sharpens that drop....
But he's thinking where that the market drop fast and hard but not to deep, just something like what we experiencing now..... In he's opinion people will be thinking that it wasn't that bad at at and a sweet bounce should be uppon us
Hoping for that one "Mic=Always in for a BOUNCE"Then BAKKT can mature and ...... Oooh Yeah Octobre should be a good month as well
He didn't expect a to high price or breaking 13.8K yet but maybe near 11+ or something if I was listening good....
Though this is only good reasonable thinking, what I think got some good point (No one knows what will happen BTC can be a weird beast at some times)
https://bitcointalk.org/index.php?topic=178336.msg52524033#msg52524033
This was a nice post before things start happening