They will serve as a good channel between common people and those who already have a good knowledge with this industry. If they will perform very well and attract more people to trust this chain, many investors will be guided on how Bitcoin works and how it will be consumed properly, not only as an asset for investment but also serve as a real currency that can be used when doing payment transactions.

We will know what can be the effects of this after being launched. After that, we will be able to have our own assessment concluding whether it's served its purpose, helping crypto to be accepted and adopted.

Well, if a bull run is on its way, it had better hurry up, since BTC has just dropped below $9.900, alongside the altcoins this time. Also, it doesn't count if the prices simply sink and then return to original levels. Bitcoin was unnaturally stable recently, which made it only a matter of time before it went either up or down. Even so, drops often tend to come before large surges, so you might be up to something. It will definitely be interesting to see whether or not BTC will react to Bakkt launch, and how. Although, to be honest, it doesn't seem like a lot of people are expecting much to happen.

right now , there is no solid evidence yet that this bakkt thing can cause the price to rise  .

right now what we are only seeing is a pure speculation but happy thoughts can lead to one user to invest in order to prepare so this thing can sill contribute on the price somehow  but you can still continue to invest on btc and altcoins with or without these events because you said that thier prices are now decreasing so you should not miss that great oppurtunity   .

Wanna bet on that?

If on my first day in the job at Institutional Inc I walked into my boss's office and said 'sir, the crypto market is looking awful quiet. Shall we start a massive pump,?' the response is unlikely to be 'y' know what? That's a great idea. Call the pump department right now and here's a raise for you.'

It's a tad more nuanced overall.

Such news are spreading in the community just because the year end is near and it's time for FUD and FOMO to spread and create a bull trap.
Stay awake! Be aware!
Don't fall for something that you would regret later.

Agreed! I also think that initially, people were interested in Bakkt mainly in terms of its potential to push the market recovery forward. From other standpoints, this project was not that exciting. And since Bakkt already disappointed some people, because the launch date was postponed significantly, there's even less interest to it. Not to mention that the market is doing fine without it. I'd say a 15% temporary increase is what we can get but something more than that - unlikely. There are only 4 days left until the futures contracts are available, so we'll see how it goes.

Bakkt may not possibly push up bitcoin price short term but the main point here is bitcoin's potential to become mainstream. Bakkt launching means bitcoin is already legit and acceptable with open arms especially in the US where SEC being always adamant.

What if BAKKT comes and then nothing happens? I am only looking forward to the upcoming halving that will happen next year, I feel like that's when the next bull run will take place. This internationally backed exchanges or whatever it is, is getting too much hype and at the end it might still disappoint. As much as I can remember, the last bull run was triggered after we had the BCH fork. The price of bitcoin went down and within a short time it started going up and from there it went for a bull run and reached a high price around December. I'm thinking it might be the same thing. BAKKT might get launched and things will still be normal as it is. Unless it's truly going to attract huge institutional money like some experts have said. If it happens that way, then the price will move up and will keep going up until maybe the next fork takes place?. Well, whatever it is that will make the price to go up, I am just ready for it. We have been waiting for a long time for the bull and I have been saving my assets all these while for it.

I believe there will be almost no effect or if there is an effect it would be price manipulation in conjunction with some big news blasts about it, hyping it up so much that everyone believes it was because of Bakkt.  I think Bakkt is a big deal, but manipulation of the entire crypto market is much, much bigger.


We have no concrete evidence to back that up.  I know we are counting on that upcoming halving, but it's possible that nothing will happen.  Look at Litecoin's last halving event, nothing happened.  Also look at previous Bitcoin halving events when price spiked outrageously.  Those previous halving events were possibly manipulated in a big, big way.