/biz/ - Business & Finance

When is QUANT gonna focus on growth..?

Potential of Trillions at the retailers
Banks are facing massive Crisis
New promised Exchange
Solutions low Volume"
New AMA Format
Less meeting more growth

BAKKT & Fidelity outgrowing the banks.

https://www.theice.com/market-data/connectivity-and-feeds/consolidated-feed/coverage-list/cryptocurrencies

>15 different cryptos
>4+ fiat pairings for each crypto
>custody and physical settlement of each crypto
>futures contracts
Bakkt is literally going to bring us to the promise land.

>>10741551
ah I see, thank you for the leads. May kek bless your gains

BAKKT is a platform coming in November that is owned by ICE (Intercontinental Exchange) which is the owner of the NYSE.

BAKKT is a platform designed to allow INSTITUTIONAL, merchant, and consumer participation.

Everyone has always talked about institutional money entering crypto. This is literally it. How is this not insane news? Pundits are already talking about how they will overshadow coinbase instantly, and coinbase is what drew in the masses last year in the first place.

Let me explain to you what happened.

1) Whale leveraged the SEC ETF decision delay to dump and drive the price down

2) People get scared and this causes a chain reaction

3) Whales buy at the bottom, which triggers an upswing. "muh day traders" get fucked or suffer anxiety attacks, holders come out neutral, and whales win (just live in every economy)

4) TIME-WISE, WE ARE HERE

5) We see recovery to maybe 7k or so.

6) ETF announcement by SEC gets delayed, AGAIN. This is obvious to anyone who actually follows the news, but the whales will ONCE AGAIN use this as an opportunity to take a massive dump.

7) This is when we see 5k, possibly below 5k.

8) November. BAKKT is released. Crypto skyrockets.

Right now you have 3 choices:

1) sell and leave crypto, and be like the guy who sold all his bitcoin for 12 dollars and be bitter the rest of your life

2) Try to day trade and short and long like a fucking idiot and be at the mercy of whales and unpredictability the world has never seen before. Quick investment lesson: options trading is for traditional investments because they AREN'T volatile ENOUGH. You're supposed to be adding risk to non risky investments, not add risky to the riskiest, most insane investments. I have a theory that a lot of the shorter/long idiots here are paid shills by these new crypto leveraging companies... You'd have to be a fucking idiot to play options in crypto.

3) Hold and win.

BONUS) crypto actually goes to hero and we all kill ourselves.

THE CHOICE IS YOURS.

I think they suffered enough.

Should we tell them?