3 Reasons Why Bakkt’s September Launch Is Bullish for Bitcoin – My Comments


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Video: BANNED: The World War the Jews LOST! (1919-1939)
This video was not long on youtube when they banned it. I keep hearing from close friends as well as from other people who do analyses that the Jews ALWAYS WIN! The Jews NEVER LOSE! This is utter nonsense.

[Alex Linder and I were discussing crypto currencies again privately and I was asking him his views on the future of Bitcoin. I found this, which shows me that there is some more big institutional interest backing up Bitcoin. 

Bitcoin has about the same financial size as the massive Wells Fargo banks of the USA have. 
The concern I have is whether Jews and other filth are trying their damndest to crash Bitcoin. It appears to me, when I look at the charts, as if they have had partial success. They've smashed bitcoin down, but not totally destroyed it. Thus the question becomes: Can Bitcoin still break out at some point in the future or will Bitcoin still be destroyed, either by Jews and Elite filth, or by the USA Govt itself.
This article is from September 2019 but updated in January 2020. So I think Bitcoin is not dead yet. Having its own futures market is interesting. 
NB: NB: Also do not forget that the rich Elite, being the bags of shit that they are, will publicly lie about and drive down Bitcoin's prices, while they are busy buying in and investing in. They will f*ck the average person over, as long as it favours their bank accounts. 


div>I'm all in favour of beheading some of the billionaires I tell you. They need to be taught some respect. Jan]

By CCN Markets: Most cryptocurrency enthusiasts have been waiting for the launch of bitcoin futures trading platform Bakkt. Recently, the crypto community rejoiced as the ICE-operated company announced the official launch date of Sept. 23. Within 48 hours after the big reveal, bitcoin surged by…

Most cryptocurrency enthusiasts have been waiting for the launch of bitcoin futures trading platform Bakkt. Recently, the crypto community rejoiced as the ICE-operated company announced the official launch date of Sept. 23. Within 48 hours after the big reveal, bitcoin surged by 10 percent.

Many investors know that the entry of Bakkt in the cryptocurrency space is bullish for the long-term health of bitcoin. However, very few understand the reasons why. If you’re not one of them, don’t fret because, in this article, we explain the reasons in layman terms.

1.) Bakkt’s Futures Contracts Will Be Physically-Settled As Opposed To Cash-Settled

Currently, futures contracts are settled in cash. This means that upon expiry of the contracts purchased, market participants pay or receive the difference between prices upon the futures expiry in fiat currency, such as dollars.

Cash-settled futures contracts have little influence on the demand for bitcoin since market participants are only buying exposure to the cryptocurrency rather than buying the actual coin.

This is where Bakkt separates itself from its competition.

For the first time in the history of cryptocurrencies, there will be a platform that offers futures contracts where buyers can expect the physical delivery of bitcoin. This means that Bakkt has to take out huge sums of bitcoin from circulation in anticipation of client demand.

Twitter user CryptoCalls elegantly summarizes the expected impact of Bakkt’s launch:

2.) Bakkt Provides A Federally Regulated And Compliant System To Buy Bitcoin

During the 2017 bull run, bitcoin climbed to its all-time high of about $20,000. The parabolic rally was mostly fueled by retail money since institutional investors were forced to stay on the sidelines. The big players such as investment banks are prohibited by law or disincentivized to invest in assets like bitcoin that have yet to receive the approval of governing bodies.

With Bakkt, institutional investors now have a platform where they can use a part of the assets managed to buy bitcoin. That’s because the ICE-operated firm has received the seal of approval from the Commodity Futures Trading Commission (CFTC) and the New York Department of Financial Services (NYFDS). All investments made through Bakkt are legal and tax compliant.

Jake Chervinsky explains why Bakkt is long-term bullish for bitcoin:

3.) Bakkt To Facilitate Retail Bitcoin Payments

The entry of institutional money into bitcoin is just the tip of the iceberg. The big fish is actually the widespread adoption of bitcoin as a reliable payment solution. So far, Bakkt has partnered with Starbucks to build a template for a cost-effective system to process low-volume bitcoin payments.

In the current system, Bakkt instantaneously converts the cryptocurrency into fiat. This is huge because buyers don’t have to go through the lengthy process of selling their crypto through an exchange. On top of that, merchants don’t have to worry about market volatility because they receive payments in fiat. This is all possible because Bakkt is in custody of the buyer’s bitcoin. Everything seamlessly happens within the platform.

With this system, even those who are not crypto-savvy can easily purchase bitcoin and use it as an efficient payment solution. This will likely attract more Bakkt users which would generate more demand for bitcoin. Thus, Bakkt would create an upward cycle of demand for the leading cryptocurrency.

Bottom Line

Bakkt provides a platform for institutional investors to buy physical bitcoin through its legally compliant system. In addition, the ICE-owned company offers a framework where the average Joe can purchase the cryptocurrency and use it as a payment solution. In other words, Bakkt can exponentially shore up demand for the No. 1 cryptocurrency. This is why the launch in September is long-term bullish for bitcoin.

Last modified: January 10, 2020 3:25 PM UTC

Source: https://www.ccn.com/3-reasons-why-bakkts-september-launch-is-bullish-for-bitcoin/

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Video & Audio: Israeli Snipers were killing American Soldiers in Iraq
This is an extremely nasty story which I suspect has been totally covered up by the Mass Media. It appears this was well known to American soldiers and officers who fought in Iraq after 911. This story is probably classified.It is about (IDF) Israeli Defence Force snipers engaging in false-flag operations and killing American troops.

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