[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 8 KB, 400x400, ZfgzXoC1_400x400.jpg [View same] [iqdb] [saucenao] [google]
15239400 No.15239400 [Reply] [Original]

and I still don't know when bakkt is going to offer a product or service

>> No.15239451

Incompetent pot heads

>> No.15239466

>>15239400
>Bakkt
Didn't you hear anon?

>> No.15239511
File: 4 KB, 125x188, KellyLoeffler.jpg [View same] [iqdb] [saucenao] [google]
15239511

>>15239466
hmm?

>> No.15239659

Zero demand for BAKKT, wouldn't be surprised if they eventually shuttered the operation. Crypto is dead among normies and will never come back.

>> No.15239813

>>15239659
I researched their reports on what they spent last winter, and at that point they spent like 30-35 million dollars already
I wouldn't be surprised if they're in over 50 million dollars without a single product on the market

they also look really bad promising approval and launch dates and failing what 4 or 5 times now
their initial launch date was November last year

>> No.15239856

>>15239813
yeah, realistically it's not going to happen. good news (if you're bullish, anyway) is that such an outcome is likely priced in, just like ETF non-approval is, and it won't really move the price much if it does fade away completely

>> No.15239864

>>15239400
Literally who?

>> No.15239889

Sec is blocking all the major projects and have until October to follow up.

>> No.15239929

>>15239856
yeah I'm bullish on bitcoin but I didn't think these people would be a big factor anyways
the philosophy and monetary policy and security and all that on bitcoin is great it's just products and user experience that's lagging
there hasn't been a major breakthrough in a couple years but I like start ups like blockfi and I'm sure there's smaller companies out there gaining traction and reputability

the big "institutions" coming in and not producing a product is shocking, I don't think they understand this stuff
maybe square cash will come though I don't know

>> No.15239939

>>15239889
that's interesting can you provide a link for me
I remember the ETF delays and then denial, are there more ETFs or other products in the works that are pending?