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15282558 No.15282558 [Reply] [Original]

The fuck is this? Why are we not at $12,000 yet? This is bullshit, Bakkt is unironically bullish news, who the fuck would even sell at this point?

>> No.15282576

>>15282558
Because Bakkt will dump BTC. Why does everyone assume there are lines of institutions just waiting to get into BTC when there are already ways, some of which are as good if not better?

>> No.15282600

>beginning of the final justing of financial and then global system
>g...guys why are boomers not lining up to buy my speculative asset on which normies already got justed the whole last year

>> No.15282602

>>15282576
Why would they dump? It makes more sense to hodl and sell the top. BTC has never lost to bonds yields in its 10 years of existence. There is literally never a single year where it makes more sense to buy anything other than BTC.

>> No.15282610

>>15282558
Institutions have been in BTC since $1 you fool. You already bought their bags

>> No.15282627

>>15282602
>In it's 10 years of existence
Old money doesn't take big risks on projects that are still in their infancy, which crypto as a whole is.

>> No.15282630
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15282630

>>15282602
>>15282600
>>15282610
>>15282576
The absolute state of the board

>> No.15282634

because its been liek the 8th announcement of a launch

>> No.15282653

>>15282558
priced in

>> No.15282726

>>15282634
This is the actual one though.

>> No.15283431

Price Discovery.....It's all about this

>> No.15284441

>>15282610

>> No.15284451

>>15282576
>institutions
Before you take that buzzword into your mouth define it. Also you are still right, Bakkt is being approved 2 years to late to have any effect on a permissionless legacy shitchain like buttcoin

>> No.15284511

>>15282610
Government regulations and lack of custody/insurance prevent big funds from buying in. There is absolutely no way a legit big fund will risk being sued to oblivion. BAKKT is the answer.

As to news why it is not pumping, just wait.

>> No.15284563
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15284563

Thousands of individual bagholders wait for the savior named "institutional money" to dump their bags on.
I'm sure it's going to work.