You are viewing a single comment's thread from:
RE: Major reason why whales are investing and holding BTC now
Hello! @mintymile
I've never heard about Bakkt
The owner of this website (www.bakkt.com) has banned the country or region your IP address is in (VE) from accessing this website.
According to BLOKONOMI
Bakkt plans to enter the cryptocurrency market with an open platform for all manner of cryptocurrency services, including trading and warehousing.
Open plafform??... Really?
It seems to me like it's just another exchange.
My honest opinion, the only good thing with Bakkt is - if these whale investors keep holding BTC, then price of BTC goes up. As a investor, for short time its good news.
As a crypto enthusiast, its not great news because a 3rd party would store private keys of BTC which contradicts the purpose for which BTC was made.
And after these guys hold... and things initiate, I am not sure if because adoption of BTC increases so prices will...as investor for now Bakkt is good news , don't know for how long though.