BAKKT is coming. BTC to $100,000 in november

Go all in immediately.

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bakkt is the exchange medium to convert btc into dollars.
in other words, bitcoin is dead.

It will bring more liquidity but at the same time forget about volatility. BTC will become boring as hell, but alts could make a come back if they are not already dead when that happens.

I used to think bitcoin was idiotic and it didn't make any sense for a digital currency to actually hold value. Then I saw the need for crypto in general when all of these security flaws started happening on the Internet - my bank sending me a new card every week, month after month of personal data being leaked by major corporations, etc. Maybe eventually dollars will be replaced by a tokenized dollar approved by the US government, but it makes a lot more sense for governments to just start adopting bitcoin as an acceptable currency. Dollars are dying, my friend. Bitcoin is only just beginning.

and how are bitcoins converted into dollars?

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>it just makes more sense
no, (((government))) isnt gonna use bitcoins

exchanges, like what bakkt is, except bakkt will get adoption

>Forget about volatility
Not at the start. BTC still isn't widely accepted or used as financial instrument or store of value. It has to go up quite a bit due to demand and be spread out to FAAAAAAAR more holders before the volatility is gone. But this is a step in that direction as more big money will be able to purchase it along with old people without needing to actually know the technology behind it.

Big money won't buy at these prices though. Price discovery will happen and it will be brutal, because BTC price has been manipulated for years now. This new exchange could crash Bitcoin to oblivion before we start seeing some upwards market efficient movement.

>Big money won't buy at these prices
Says who exactly? It doesn't even make sense for it to crash bitcoin.

It makes perfect sense if you can short the shit out of it. Speculators make money when the market goes up or down dude, they don't care.

>says who
dont look at the charts, you might learn something

See you at the big green dildo season.

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>forget about volatility
Yeah maybe when we are past $1,000,000+

heres some wojaks to get you ready

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You have been able to short bitcoin since Bitcoin Futures were a thing.We have already felt the effects of that. This is legitimizing it and making it an actual investment vehicle.

My God I thought we were beyond denial at this point.

you dont ssem to understand what the article is saying.
bakkt is the medium of exchange, not bitcoin.

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terrible fucking name jesus christ

literally is a mix of bukakke and rekt

Say cheers for the picture.

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I feel like I'm stealing at these prices.

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we're at disbelief right now

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>muh bullruns
literally the only argument bitcoon boomers have

Coinbase is quite known now. Normies there and its big 4 have btc

>*screenshot of someone selling eth at $3 in 2017*
is literally fucking you rn.

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wow you totally destroyed him repostoing the same fucking stupid image over and over
in any case we'll know a few years from now who was right and you'll look back on this and think wow, I was a fucking moron
at least you got to post a few poorly made, unfunny, childish memes! :^)

this will be the final death blow to crypto
i remember how everyone was cheering for BTC futures

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>doesn't know about the bullrun that happened last December..

this is the death of bitcoin.
ironically this is what allows crypto to scale

i bet you cant even explain why it went up

It goes up at the end of every year brainlet

>Retail payments is an industry that appears ripe for Sprecher-style disruption. Today, Americans charge $7 trillion in goods and services every year—around 60% of GDP—on credit and debit cards, and through digital portals such as PayPal. The stores and restaurants that accept those cards typically pay 2% to 3% to around six intermediaries, including “merchant acquirers” who sign up the merchants, credit card giants such as Visa and MasterCard, and the banks that issue the cards.

>It’s hard to overstate how drastically a shift to Bitcoin could crunch those lofty fees. Consumers could pay for groceries or detergent directly from the Bitcoin wallets on their iPhones or PCs, right from a scanner at Walmart or Starbucks, with no banks taking fees in the middle. If Bitcoin became the chief currency for retail, it’s likely that credit cards would disappear.

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It literally goes up every year, that's my point.

kek. because literally every one of his arguments is listed on this card.

look, heres another faggot
>See you this time next year!

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try 2015 dumbshit

they've been right for years on end now (literally almost a decade) while all you have is unfunny meme spam

like i said, have fun looking back on this in 5 years

Is this how you cope?

>picks one year out of all of them
Bitcoin will literally go up this December again and be higher on this date next year.

Dammit i hate what youre doing in principle but i audibly keked
Nice form/10

The September - Dec bull run of 2018 will make the whole of 2017 look like one big joke

ETFs in Sept and Bakkt in Nov along with GS custody services

GGWP

so why didnt it go up in 2015?

It didn't go up in 2015 because your mom got stuck in the front door to the bitcoin HQ.

i dont need to cope. ive been here since 2015. havent sold a single cent of crypto since. unlike you i dont have to make up bullshit and excuses to justify my holdings.

the question should rather be, is this how YOU cope?
fucking newfags.

so because it went up last year the same thing will happen this year?

Do you also read horoscopes?

>The I have been here longer than you with no proof and I know better than you argument
I've been here since it was being shilled on Jow Forums and you are a faggot. I will provide evidence right after your provide yours.

no, it didnt go up because i was stuck in your mom in 2015

>ive been here since 2015.
No you haven't.

On the other hand, I have been here before 2015, and I was telling you mongs to buy bitcoin at $250, then again at $465 (check trip) and so on, yet you were posting anime smug pictures instead.

As you can see, I can actually prove it, you are just another LARPfag.

I will never be on the red, I will keep increasing my BTC stack. No such thing as coping applies to me. I will just continue getting richer, naturally, as a matter of course. Crushing mongs like you is yet another passtime for me now as a rich NEET.

Now *snap*, these are going into my 2018 dip folder.

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So essentially the company will just take all the bitcoins for each transaction and horde them as they give the company dollars that they are backed by? Yes by that logic they will have to dump them at some point and just cause goxxening 2

I wonder how he is going to respond to being so thoroughly blown the fuck out. I can't imagine it will be good and will at best be random bullshit where he shouts cope and salt alot.

> microsoft
> bill gates
> the same bill gates who said he wanted to short BTC (downtrend ever since)
> entire scheme is a ploy fot bill gates to short BTC down to $7.50

they dont have to dump them, they just go to zero as people exchange out of bitcoins.
but i suppose they could dump them

based

Faggot is totally silent after this.

copying the trip of a widely circulated pic is not exactly proof but whatever. If you're not larp i salute you based oldfag coiner

are you a fucking retard

>doesn't believe in astrology
All you have to do is look at your dumb family members of yours and compare their birthdays to what their sun sign is to get a base of what their personality is like. It will match every single time, Nigger.

>actually believing this

the net inflow to bitcoin since it was created is $15B

there are individual retirement companies like fidelity with $2,000B under management

you realize when the ACTUAL bubble comes, that net inflows into crypto will be ~5-10% of people's assets?

that's $100B from fidelity alone, compared to net $15B so far

we are guaranteed to hit $250k in the near future, $1M eventually. you cannot stop this train

But was it with a green or red dildo? This matters.

Your dad took both.

> I can actually prove it
how are you intending to prove it? i bought BTC in early 2015 but there's no way i can prove it, it was on fucking virwox and i haven't used that site for 3 years. if you say you can provide proof, do so

globalists want bitcoin because they want to kill all national control over their own wealth.

a new global reserve currency.

No more hitler debacles where he tears of the jewish yoke and saves his nations economy.

Do you not know how a fucking tripcode works? How new are you?

I have no BTC, only ETH, XLM, BAT, XEM, LTC, FUN, and GVT.

A-am I going to be OK?

this. When will you faggots understand BTC is not against the system. BTC IS the system. They want cashless and global since a long time ago. They get both and get to extract wealth from goys in the meanwhile. Yes a couple of neets get rich in the process but they will lose that wealth in the long run. So its going to 1 million and more, its inevitable

>implying everyone uses a tripcode.

just make sure you have your health. dad loves you

If you dont own atleast 1 BTC at this point I dont know what the fuck is wrong with you honestly.

what a retard lmao

>we are guaranteed to hit $250k in the near future, $1M eventually. you cannot stop this train
HHHHOOOAAAAAAAAAA!!!!!!
We're going to make it guys we're really going to make it

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Felt I missed the boat. Got in early enough on everything else I'm still in the black somehow, but BTC was like 1200 at the time.

So what your saying is. Buy silver?

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Someone has to screencap this thread and post end of year

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>Yes a couple of neets get rich in the process
The goys are NPCs and wouldn't know the difference either way
I'm going to enjoy my neet gains and watch the world burn

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>Bitcoin will literally go up this December again and be higher on this date next year.

You are objectively wrong. Bitcoin will be lower by this time next year. Probably at 1k at best and dying a slow death.

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Are you really this naive? Don't mislead the last remaining noobs before this glorious golden run we're about to witness.

I wouldn't be surprised one bit if bitcoin is 6 digits next year.

If a bunch of fucking neets can figure out the dollar isn't back by anything and bitcoin is legit then what do you think people in these multi billion dollar companies are thinking
if we were full of shit autism would have shaken us out by now but it's all real and we're going to make it

why would it be?

the price will only go up if lots of people want to buy it. some people will want to buy it just to make money when the price rises but in order for it to rise as much as last year now that people are calmer and the media is less likely to go crazy about bitcoin price rises there have to be real reasons why bitcoin is more useful in 5 months time than now, and there is nothing making bitcoin significantly more useful now than last year nor anything on the horizon for the end of year.

just stop dude. btc is going to six figures. eventually seven figures. the writing is on the wall and people like you who mislead are becoming increasingly obvious.

Based and Redpilled
Cucked and Bluepilled

because it becomes more and more mainstream? bakkt and a btc etf is one big step further to mass adoption.

Why hasn't bitcoin gone up since the announcement of Bakkt and possible BTC ETF?

what if people use the new service to sell?

what's a fucking tripcode? i'm not even that new

>Asking about tripcodes
>I'm not even that new
HAHHAHAAAAA NEWFAG GET THE FUCK OUT

yikes, i just looked it up, calling someone newfag for not knowing this bullshit is cringe af
chances are high you were still in elementary school when i started visiting this board

for every seller theres a buyer

Tell that to the TRTL bagholders.

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>just stop dude. btc is going to six figures. eventually seven figures.
Notice how you haven't given a timeline for these vague claims.
I specifically argued that there is no reason to believe that bitcoin's price is going to jump as high or higher than it did in 2017. You respond by claiming that it will make 6 figures, with no timeline, and giving no reasons, just bland, authoritative-sounding language
>the writing is on the wall

What are your reasons for thinking that within 4 months bitcoin will jump even higher than it did last year despite the fact that most normies and the news media will be calmer and less FOMO ? Is there anything to justify the new default price being 20k plus at this point in time or in 4 months? neither the ETF nor Bakkt give such huge gains in adoption that it makes bitcoin look desirable enough that there will be demand for it being 20k.

If a bull run did happen again EVERYONE would be looking to cash out at 15-20 K again which would mean that there's no way the price will get that high. the price is only going to get that high if people actually believe that that's going to be the new , stable price rather than a week long bubble and people are only going to believe that that is the new stable price if there is much more news about bitcoin being useful and widely adopted than there is currently or on the horizon.

>t. 2016 summerfag

>If a bull run did happen again EVERYONE would be looking to cash out at 900-1.2 K again

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Kekd

you haven't provided any reasoning why the stable demand would be 20k+
by what metrics is bitcoin that much more useful or widely adopted or trustworthy than last year?

This press release, disguised as an actual piece of journalism, left out one important point - it needs regulatory approval. Which won't happen, especially with what just happened with Okex.

This is just Microsoft pushing it's Azure bullshit. It will go nowhere, and the complete lack of interest across the board about this announcement shows it.