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/biz/ - Business & Finance

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15698201 No.15698201 [Reply] [Original]

>4 BTC volume today

At what point do they officially announce closure ?
You faggots need to keep in mind this is technically a startup that makes money on fees from exchange volume. This startup raised a 700 million series A and it has less volume than a shitcoin on IDEX.
Also their CEO is a woman...just saying.

>> No.15698333

>>15698201
Woman CEO. Bakkt will fail miserably.

/thread

>> No.15698351

This is a real the king has no clothes moment. Bitcoin is all bot algorithm trading. Not worth a fraction its propped up to be.

>> No.15698364

>>15698351
And that's why when tether goes down btc will pop and go sub 1k. It's all a ponzi

>> No.15698367

Why is their price so much lower than any exchange right now?

>> No.15698690
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15698690

>>15698364
if tether ever get rekt BTC/USDT and BTC/USD pairs are gonna go ballistic maybe even to new ATH then crash had then only god know where it will stop
pic related is last year when the first news of tether being unbaked dropped, the price spiked up above major resistances in minutes, imagine the wick if tether was actually rekt

>> No.15699303

It is now at 46, increasing somewhat.

>> No.15699674

I am ruined. Financially ruined

>> No.15699687

You can say anything; my faith is unshakeable.

>> No.15699784

>>15698333
this except unironically and trips confirm

>> No.15699806

>>15698201
Most exchanges would look like this if we were measuring fiat in/fiat out. Maybe they should try crypto for crypto wash trading, and drafting forks & new shit coins to make something out of nothing and wash trade that shit too to walk the prices all over.

I'd be shocked to learn that smaller exchanges are pulling in more than a well liked first world restraunt.

>> No.15699819

>>15698201
NR;NS

>> No.15700219

>>15698201
So bakkt disappoints with low volume, btc looses 30% hashrate...

>> No.15700237
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15700237

>>15699806
No , literally no exchange only has 40 grand coming in the door unless it is some made up chink one that one dude spun up as a weekend project.
This is a 700 million dollar startup , nearly a unicorn and it is doing less volume than your local used car lot.
Let that sink in.

>> No.15700261

why would anyone use bakkt? who did they even make it for? Its like putting a suit on and going to the NYSE trading floor to buy some boomer scams

>> No.15700312

>>15698364
When Tether goes down RSV will prevail. Mark my words.

>> No.15700346
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15700346

Tradesatoshi has 17 btc daily volume.

>> No.15700347

>>15700237
lol $700 million? Why would it cost so much? I think some people got scammed

>> No.15700409

what a fucking joke

Clown world indeed