GAME CHANGER? What BAKKT Means for BITCOIN – Today’s Crypto News

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In this video, Mattie talks about Bakkt and what it means for bitcoin. He also talks about Coinbase's new partnership with Caspian. This is a daily segment! Read more on our website!
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References:

Bakkt By Bitcoin
https://altcoinbuzz.io/bakkt-by-bitcoin/

Bakkt on Twitter

Bakkt web site
https://www.bakkt.com/index

In Case You missed It: CoinField is Thinking About the Possibility of Using XRP as a Base Currency
https://altcoinbuzz.io/in-case-you-missed-it-coinfield-is-thinking-about-the-possibility-of-using-xrp-as-a-base-currency/

Coinfield Exchange on Twitter

Coinbase Struck a New Partnership
https://altcoinbuzz.io/coinbase-struck-a-new-partnership/

Coinbase and Caspian Partner to Drive Institutional Participation in Crypto
https://medium.com/caspian-tech/coinbase-and-caspian-partner-to-drive-institutional-participation-in-crypto-fefe5037ac71

Caspian web site

Caspian Token

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GAME CHANGER? What BAKKT Means for BITCOIN – Today's Crypto News

31 comments

  1. One phrase….. *game changer*
    BAKKT it’s going to completely change the crypto space forever. I don’t think people understand the gravity of how much of a game-changer this is. Most people are not grasping that when this goes into operation the amount of volume is going to spike massively and crypto will officially have entered into phase 2 which is institutional investment on a large scale which is going to bring Bitcoin to entirely new levels. Going forward we are not going to see 4-Digit Bitcoin anymore…. this is the last of four digit Bitcoin that we are in right now. Plan accordingly

  2. I am not a big fan of XRP but…. it cannot be denied this project absolutely has the funding, partnerships and backing to justify a decent piece of portfolio space. Good luck to you all. EXRN NBAI HOT are 3 of my bags.:)

  3. +dan townsend if you are curious enough you will search, read and make your own conclusions. ETN have been already almost a year in crypto. And it’s pretty solid project and they have use case in comparison to the 99 % of the cryptos they ahead almost on everything.

  4. Being located in canada Matty, what is the path of YOU bringing your fiat into the crypto space? Via COINFIELD? COINSQUARE? Other then send to other bigger exchanges? Pls advise. thx

  5. Great job Mattie. My take on BAKKT: It’s already priced in, but if it is well received, it has the potential of dramatically increasing volume and a corresponding price increase.

  6. Make a video on Byteball? Fees are proportional to storage used on ledger (1 byte in storage costs 1 byte in transaction fees)

  7. Crypto could be a 5-10 trillion market cap by then. That’s when we all retire. Ill give my boss 2yrs notice from now

  8. The fact that you’re only talking about numbers as a change in the Bitcoin space only suggests that you think it brings no value to the network.

  9. Supporting Ripple is supporting existing banking paradigm. If you like being screwed by banks then by all means buy, promote, support Ripple (Rip-people).

  10. Look at what other futures markets do to the underlying assets. The price of gold and silver are less than the cost to mine the ore because of futures and derivatives. Futures markets can be used to drive the price higher or lower or manipulate the price to suit the whales or BAKKT. Also, most, maybe all, of the crypto assets that BAAKT will purchase will be OTC purchases, probably directly from miners so will not influence exchange volume.

  11. Game changer, but not necessarily good. Look at what other futures markets do to the underlying assets. The price of gold and silver are less than the cost to mine the ore because of futures and derivatives. These futures markets are used to drive the price lower or manipulate the price to suit the whales or BAKKT. Also, most, maybe all, of the crypto assets that BAAKT will purchase will be OTC purchases, probably directly from miners so will not influence exchange volume.

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