I think in a few years, we will look back on the Bakkt launch as a pivotal moment in the building out of bitcoin's financial infrastructure for institutions.
This is exactly why it was priced in so heavily and then dumped on launch. The dump doesn't matter, it's the price-in that's impressive. In fact, the bigger the dump, the more you know it was priced-in at a higher value to begin with.
That pump was just as big as any other major speculative event (like a halving) and I believe it could bring just as many fundamental gains as the pump and dump suggests (over the next few years, as you say).
Yep, I think so too. If anyone has connections to institutional investors, it's these guys. Slow and steady often wins the race.
Upvoted and resteemed before I even read it was galaxy digital, i thought it was YOU :D
Good news for @block.one and @dan and @stan lol also SEC news, youd think EOS would go up lol nah too much EOS going into SOV and DAPP and TELOS and soon PEOS but yeah SOv lol wow
SOV is teh new bitcoin because deflation and eos
Ha, I wish it was! That woulda made for a fun post for sure.