Post
Topic
Board Economics
Re: Bakkt is done?
by
Juggy777
on 03/02/2020, 15:59:17 UTC
sad reality, in 2019 Bakkt was used as material for FOMO Bitcoin and after Baakt was launched it looked disappointing, this made me think about Eth 2.0 information, and Halving Bitcoin this year, would it be like Baakt's fate?

We can talk about Bakkt's fate after it's been established for 5-10 years. Until then it's still finding its feet. There'll be dead phases. There'll be explosive phases.

Anyone who expected Bakkt to singlehandedly ignite a dead market is a twat. It's one solitary service for a small number of people. It might facilitate further bullishness when the time comes, it certainly doesn't magic it up out of thin air.



@gentlemand I don’t blame these people because Bakkt was hyped up to be the saviour of the crypto market, and their PR team should have marketed it less then maybe people would have been able to tone down their expectations from Bakkt. However you have raised a valid point too, and we all need to give Bakkt at least few more years before we can say it done for good.