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Bitcoin: Does it have a future ?
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obiero
#1061 Posted : Friday, May 10, 2019 8:04:57 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,220
Location: nairobi
mnandii wrote:
Where is @obiero? I demand lunch Sir!

Let me recover first from my NSE sojourn

KQ ABP 4.26
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rwitre
#1062 Posted : Monday, May 13, 2019 6:10:58 PM
Rank: Member

Joined: 3/8/2018
Posts: 507
Location: Nairobi
News of Bakkt hit.

Just managed to buy a few BTC before it exploded.

Never placed an order so fast in my life Laughing out loudly Laughing out loudly
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rwitre
#1063 Posted : Monday, May 13, 2019 6:19:57 PM
Rank: Member

Joined: 3/8/2018
Posts: 507
Location: Nairobi
rwitre wrote:
News of Bakkt hit.

Just managed to buy a few BTC before it exploded.

Never placed an order so fast in my life Laughing out loudly Laughing out loudly


Bakkt Sets July Test Date for Bitcoin Futures

Quote:
Bitcoin futures exchange Bakkt announced it was moving forward with its plan to launch physically-settled bitcoin futures products Monday.

In a blog post, Bakkt CEO Kelly Loeffler wrote that Bakkt had “worked closely” with the U.S. Commodity Futures Trading Commission (CFTC), the regulatory agency in charge of overseeing derivatives products in the country, and would be testing its bitcoin futures contracts this summer.

No launch date was announced, and indeed, Loeffler did not explicitly say that the company’s proposal to self-custody its bitcoin and clear through its parent company’s warehouse (Intercontinental Exchange’s ICE Clear US) had been approved.

Nonetheless, she wrote that “we’ll be working with our customers over the next several weeks to prepare for user acceptance testing (UAT) for futures and custody, which we expect to start in July.”
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mamilli
#1064 Posted : Tuesday, May 14, 2019 10:14:18 AM
Rank: Member

Joined: 10/6/2015
Posts: 249
Location: Nairobi
rwitre wrote:
rwitre wrote:
News of Bakkt hit.

Just managed to buy a few BTC before it exploded.

Never placed an order so fast in my life Laughing out loudly Laughing out loudly


Bakkt Sets July Test Date for Bitcoin Futures

Quote:
Bitcoin futures exchange Bakkt announced it was moving forward with its plan to launch physically-settled bitcoin futures products Monday.

In a blog post, Bakkt CEO Kelly Loeffler wrote that Bakkt had “worked closely” with the U.S. Commodity Futures Trading Commission (CFTC), the regulatory agency in charge of overseeing derivatives products in the country, and would be testing its bitcoin futures contracts this summer.

No launch date was announced, and indeed, Loeffler did not explicitly say that the company’s proposal to self-custody its bitcoin and clear through its parent company’s warehouse (Intercontinental Exchange’s ICE Clear US) had been approved.

Nonetheless, she wrote that “we’ll be working with our customers over the next several weeks to prepare for user acceptance testing (UAT) for futures and custody, which we expect to start in July.”


Hawa BAKKT wakwende,they've been such a disappointment.Fidelity and TD ameritrade will be equally effective on-ramps.
Meanwhile the incessant rally doesn't show any weakness,thanks to the desperate "sub-3k gang" FOMOing in.
Never lose your position in a bull market,BTFD.
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  | | Edit by user: Tuesday, May 14, 2019 1:45 PM | Reason: Not specified
snifadog
#1065 Posted : Tuesday, May 14, 2019 11:57:32 AM
Rank: Member

Joined: 6/6/2016
Posts: 167
Location: Nairobi
Naysayers like bwana obiero are on suicide watch!!
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obiero
#1066 Posted : Tuesday, May 14, 2019 1:39:12 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,220
Location: nairobi
snifadog wrote:
Naysayers like bwana obiero are on suicide watch!!

When vapor goes up. What is the value

KQ ABP 4.26
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Ryko
#1067 Posted : Tuesday, May 14, 2019 3:24:18 PM
Rank: Member

Joined: 5/27/2016
Posts: 274
Location: Pub
Next Bitcoin halving.....
https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
I work so I can afford the amount of alcohol required to continue going to work
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mnandii
#1068 Posted : Tuesday, May 14, 2019 5:34:08 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
obiero wrote:
mnandii wrote:
Where is @obiero? I demand lunch Sir!

Let me recover first from my NSE sojourn


Hehe. Achana na NSE for the time being. You'll get ulcers! Liquidate or be prepared to ride the bear for 2 - 3 years coming. Pray
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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mnandii
#1069 Posted : Tuesday, May 14, 2019 5:54:50 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304


Bitcoin likely has completed its wave (3) rise. Expect some consolidation or fall back to 6420s or 5830s to complete wave (4). Afterwards a final rise towards $10,000.

Remember this is the time that more people will adopt bitcoin following collapse of several world currencies. And people will join bitcoin purely for its other uses (as a medium of exchange) rather than for speculation.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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obiero
#1070 Posted : Tuesday, May 14, 2019 6:20:25 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,220
Location: nairobi
mnandii wrote:
obiero wrote:
mnandii wrote:
Where is @obiero? I demand lunch Sir!

Let me recover first from my NSE sojourn


Hehe. Achana na NSE for the time being. You'll get ulcers! Liquidate or be prepared to ride the bear for 2 - 3 years coming. Pray

2 years is not a long time

KQ ABP 4.26
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