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/biz/ - Business & Finance

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12438345 No.12438345 [Reply] [Original]

http://fortune.com/2019/01/14/bakkt-acquisition-consumer-payments/

>> No.12438385
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12438385

goooood gooooooooood

>> No.12438458

/biz/ has no idea how bullish this is.

>> No.12438463

>>12438458
They‘re gonna further postpone the launch.

>> No.12438474

>>12438458
Oh but you do, huh? You’re special! Mommy’s little boy is so smart!

>> No.12438485

>>12438458
Yes indeed sir very bullish do the needful

>> No.12438492

>>12438463
>>12438474
>>12438485
I can't wait for the "told ya' so" moment.

>> No.12438509

>>12438492
>The “flywheel effect” generated by all that trading, Bakkt reckons, will transform Bitcoin, or another dominant token, into a highly-liquid commercial currency, eliminating the gigantic gyrations in price.

Did you actually read the article? How the fuck is that supposed to be bullish?

>> No.12438514
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12438514

>still awaiting regulatory approval by the CFTC
there is actually no guarantee that bakkt will happen

how bullish is that, moonboys

>> No.12438517

>Rosenthal Collins Group, a century-old futures commissions merchant.

Bullish.

>> No.12438520

>>12438492
My wife works for Meryl Lynch and her parents manage several billions of dollars. Wall Street doesn’t care about bitcoin nor do they want anything to do with it. Banks don’t give a fuck about a useless shitcoin, their biggest concern is Amazon financial services. How, in 2019, do people here still think anyone is going to use bitcoin for anything?

I’m genuinely curious: why would anyone want to buy large sums of bitcoin?

>> No.12438536

>>12438520
Oh, gee, now you‘ve done it. The moonbois are gonna flood ya. Don‘t offend the moonbois.

>> No.12438557

>>12438520
Nice larp dear sir. For more larping go to >>>/x/
Alternatively, for larping about anything else outside of the scizo-I'm God ama-predicted x/y/z,you shall find a large larping community at
>>>/pol/.
Thank you.

>> No.12438566
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12438566

>>12438385

>> No.12438581

>>12438517

that's a 100 years of pure Jewish business savvy right?

>> No.12438704

>>12438509
Because they are referring to price movements at 700k-1ml per Bitcoin. You won't see 90% corrections once BTC goes to 100K and beyond. So that's what they mean. at 1ml per Bitcoin, a mere 5% is 50K swing, that just won't happen.

>> No.12438722

>>12438345
>http://fortune.com/2019/01/14/bakkt-acquisition-consumer-payments/
>At the same time, she disclosed that Bakkt has raised $182.5 million from 12 investors,

>182.5 million
>12 investors

wow very money many investors

>> No.12438780

>>12438557
Larp about what? We had dinner at her parent’s condo this past Saturday and discussed this in depth coincidentally. Just be realistic: try to think of one reason why anyone would want Bitcoin. Its only use case is for buying other cryptocurrencies, 99% of which have no utility.

>> No.12438790

>Yo listen up here's a story

>> No.12438812

>>12438780
Your wife is a clueless dumb cunt that sucks circumcised jew dicks at work.

>> No.12438952

>>12438812
By this post alone, I can tell she is a lot smarter than you :^)

A lot more successful too. I guess I can understand your frustration of being poor and lonely and buying bitcoins. I used to have bitcoins too, but sold them all for more than $10k. Now my wife has invested that money and things are looking great. Oh well, must be cold where you are, too bad you can’t enjoy this great weather in the Southern US. I’d be jealous of me too if I were you :^)

>> No.12439018

>>12438514
>doesnt buy the rumor
>doesnt sell the news
>fomos after already missing out
Never change, /biz/.

>> No.12439056

>>12438780

They would buy it because it can increase in price a lot.

>> No.12439134

>>12438458
>bullish
>anything bought with bakkt immediately sold for USD

>

>> No.12439264

>>12438952
No one besides kids that try to troll in league of legends uses :^)
LARP CITY BITCH

>> No.12439291

>>12438463
Sounds like coinmetro, they cannot compete with kevin

>> No.12439308

>>12438722
You stupid fuck, that's 182.5MM invested into the exchange to create the exchange, Not the money that will be traded on the exchanged. The NYSE is only worth $10B but does $170B in daily trading volume and has a market cap of more than $16T. Extrapolate that and Bakkt will add $292B to the crypto mcap.