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/biz/ - Business & Finance

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11825655 No.11825655 [Reply] [Original]

BAKKT DELAYED UNTIL JANUARY REEEEEEEEEEEEEEEEEEEEEEEEEEE

https://www.theice.com/publicdocs/futures_us/exchange_notices/ICE_Futures_US-Notice_BitcoinLaunch20181120.pdf

>> No.11825667
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11825667

>> No.11825671
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11825671

WHAT

>> No.11825682

>>11825655
aaaaaaaaaaaa this means nothing right?

>> No.11825687

thank God for this chance to accumulate. This shit is about to be institutionalized.

>> No.11825690

>>11825682
Priced in

>> No.11825691

>>11825655
Oh way down we go oh oh oh oh

>> No.11825698

>>11825655
they see the writing on the wall.
The hashwars are meant to kill BTC.
BSV is bitcoin.
Institutions are waiting for it to win.
GB blocks, smartcontracts, real PoW security. Everything else will die or be a legal token on bitcoin.

>> No.11825700

oh fuck

>> No.11825706

>>11825655
Those dirty muthafkers, they’re backing out.

>> No.11825728
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>> No.11825739

>>11825728
it will never happen.

>> No.11825758
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>>11825728
b-but i was ready

>> No.11825771

>>11825655
It's not happening. No ETF, no bakkt, no golden bull run.

You were the greater fool. Accept it.

>> No.11825775

>>11825655
So this is just more ways to short the market.

>> No.11825785

this explains everything

>> No.11825789

>>11825655
It will never happen

>> No.11825793

>>11825739
that cunt kelly loeffler is speaking at consensus invest next tuesday the 27th along with van eck and others
next tuesday might be big but who the hell knows anymore

>> No.11825808

>>11825728
>the new listing timeframe will provide additional time for customer and clearing member onboarding prior to the start of trading and warehousing of the new contract.

More important OP. It means literally no institutional investors were interested at all.

>> No.11825847

more information here

https://medium.com/bakkt-blog/launch-and-faqs-e1a3f7691d7b

>> No.11825865
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11825865

>>11825771
even though you're talking to OP, it feels like you're talking to me

>> No.11825879

just panicsold all my bags

>> No.11825936

>>11825808
they're making it sound like they have so many customers they need more time to get them all ready
It's a smokescreen regardless I'm feeling it's because of regulatory approval
they commented on that in this >>11825847
and said bitcoin is the most simple to get approved because it's the biggest most liquid and classified as a commodity and it's still taking some time to get approved

>> No.11826030

>>11825771
>You were the greater fool. Accept it.
Ouch.

>> No.11826091

>>11825690
lel, are you even watching? 3200 incoming

>> No.11826127

>>11825655
ITS JUST A SHORT DELAY

>> No.11826218

Brainlet here.

What dows it mean for the contracts to be physically settled, exactly? I know Bakkt will actually be buying and holding BTC, but what is the process of settling a future? Will BTC be bought off some sort of exchange, stored until expiration, then liquidated for cash back onto the exchange the btc was bought for?

>> No.11826240

>>11826218
Oh also how will one purchase these contracts? Is it just going to be listed on the NYSE?