BAKKT removes the damage CME caused

[Anonymous No.15606648]

When CME niggers try to short bitcoin again
we can arbitrage their positions on BAKKT

remember 19.5k bitcoin and parabolic golden bull gains?
they're coming back in 2 weeks.

[Anonymous No.15606663]

these two futures exchanges are settled in USD
the ponzi that can be printed into oblivion

BAKKT is settled in BTC, if you want to short bitcoin you need BTC
this changes the dynamic of futures markets

[Anonymous No.15606680]

having a futures market settled in bitcoin not only provides more liquidity and options for institutional investors
it also reins in all the bs manipulation that took place in 2017

[Anonymous No.15606819]

Is this the end of the barting?

[Anonymous No.15606873]

>>15606819
this forces barters to buy BTC

before any institution could short with any amount of BTC and just pony up some dollar amount
now they actually have to own BTC and their result is settled in BTC

if a bank wants to say short sell 10,000 BTC they have to buy it
and when we bull they lose their BTC not USD
this creates an incentive for long and disincentive to short

[Anonymous No.15606891]

imagine if the kike bankers had to put up physical gold to short that
this is a game changer that can/will be verified through settlement clearing houses and the blockchain

[Anonymous No.15606925]

OP im kinda new but I read many anons saying that bakkt has been launched many times before. Why is it different this time

[Anonymous No.15606938]

>>15606925
all previous derivative markets in bitcoin were settled in USD
this allows for bs to happen
hypothetically a USD settled bitcoin market could have a short of more than the total supply of BTC because you do not need any BTC to make that position

Now with BAKKT you need BTC to put up a short
their contracts are settled in BTC
this means if the fiat settled markets try anything funny it will create arbitrage
BAKKT and BTC settled futures are huge

[Anonymous No.15607002]

sounds like a stupid idea and nobody will use it

[Anonymous No.15607035]

>>15607002
you guys are retarded I'm going to bed

[Anonymous No.15607039]

>>15606938
>arbitrage opportunities
this is a dumb assumption, how are people supposed to arbitrage quickly between a fiat and non-fiat market?

[Anonymous No.15607042]

>>15606648
it's going to have pitiful volume and make people realize there are no (((institutional investors))) waiting to get into btc

[Anonymous No.15607051]

>>15606648
why not just borrow bitcoin over-the-counter and bring it to bakkt for shorting???

[Anonymous No.15607073]

>>15606680
>>15606663
>>15606648
By settled in btc do you mean each contact settles with fiat being traded for btc?

[Anonymous No.15607082]

>>15606938
Mex settles longs and shorts in btc

[Anonymous No.15607086]

>>15607051
that's what they will do and it will cost interest and it is limited to the amount of bitcoin available to be borrowed

[Anonymous No.15607090]

Wouldn't short BTC. There's a list of Crypto that are getting all the attention of the institutions.
>BTC
> ETH
> XRP
> ALGO
>

[Anonymous No.15607097]

>>15607082
no one with a large sum of money is trusting that nigger casino
they block US customers as well

[Anonymous No.15607099]

Wouldn't short BTC. There's a list of Crypto that are getting all the attention of the institutions.
>BTC
> ETH
> XRP
> ALGO

[Anonymous No.15607117]

>>15607099
>here's a list of what dumb money / laggards / late adopters are buying / being told to buy
ok

[Anonymous No.15607177]

>>15607099
I think it's a risk NOT to buy any of these anon, good shout. ALGO could be the best of that bunch too if you're talking about passive income...

[Anonymous No.15607495]

>>15607177

Shill
Only bitcoin matters