On a scale of 1-10 (10 being most likely), how likely do you think BTC will go to $1,000?"
The average vote was 4. $1,000 would definitely be startling, but who knows... 🤷 We are in the realm of crypto. 🙃
"Why do you think so?"
You guys said:
The market is very volatile but 1k BTC price is extremely low and if it comes I would buy everything! - BTC sale! 🛒
Each time there is a new low, I view it as a buying opportunity. I am sure there are many that feel this way. If the institutional investors were fully in the game today, I would have a different view. - I share the same sentiment. As long as you believe in the fundamental value of BTC, these swings (albeit large) should not faze you if you focus on the long term. 👍
That would be a much greater decline (approximately 90%) than the past declines in BTC. - Although highly unlikely, I would say 'never say never." 😄
Too low. - You never knowww 💭
The cost to mine a bitcoin is around high 3000 to 4000 so I don’t think the large portion of miners will sell for less. - Good point! 🤔 It was once that low, and history repeats - 🔮
I see 2000, but with 30% for overshoot to 1000 - I hope you will be wrong! 😹
Hello everything holy for the love of peat don’t even think about anything that ridiculous thank you love me❤️ - Hahahaha, this cracked me up. But yes, keep BTC in your prayers. 🙏🏻
Outdated - Outdated yes, but BTC has the first mover advantage. That is hard to overcome in any market. 💪
Come on! - Yes, come on BTC!!
As I said before, our Lord should avoid this - 🙏🏻
Good information - Why thank you. I am to please. Hope you will continue to support this newsletter! 😊
Scam - It isn't a scam... 🙄
I don't think so.. more or less the BTC & ETH price has bottomed.. but is a lot of room for ALTS to bleed... there will be pressure on BTC because of falling ALTS.. if 1000 i sell all my asset & buy. I think the total market cap will rest at 90B. - Interesting point. I do agree that this cleansing is going to weed out many sub par projects, which in my opinion, is necessarily to facilitate organic growth going forward. This was long coming. ⌚
With the upcoming etf and bakt I really can't see bitcoin dropping as low as 1000 - #MeToo 😔
Strong support at $4000 - There is indeed some decent support at that level. 👐
There isnt no space to sink more... - There certainly is. Tread lightly! 👀
No utility value, bad for the environment - That is not in the slightest bit true. 😛
The volatility in this Dimension makes it no longer interesting to Invest. Plus the dominance of the Bots makes us human Loose. - I disagree, the volatility is what makes it interesting. I believe that price stability will eventually come, and when it does the idea of cryptocurrencies becoming a store of value will become relevant once again. 😎
|
The platform previously announced that it would launch physically-settled Bitcoin futures, meaning clients would receive BTC upon the expiration of their futures contracts, rather than the token’s cash equivalent. However, the company may offer more than just BTC futures, as Bakkt’s CEO Kelly Loeffler revealed that they also have insurance for BTC in cold storage and are in the process of securing insurance for the hot wallets within the Bakkt Warehouse architecture. 😄
Bakkt has previously announced it was working with BCG, Microsoft and Starbucks - which provided assistance in both risk management and customer experience for the product. 👍
The DOJ first began its criminal investigation this past May together with the Commodity Futures Trading Commission (CFTC). At that time, the DOJ was investigating on spoofing – the use of large volumes of fake orders to influence market prices – as well as whether traders were faking volume to fool other investors into participating in the market. 😯
As per guidelines, a listed company is required to consult with SGX RegCo (SGX’s regulatory subsidiary) in advance if they are planning to hold an ICO, as well as provide a legal opinion on the nature of tokens and an auditor’s opinion on how the ICO should be accounted for. If the tokens are considered securities under Singapore’s Securities and Futures Act (SFA), issuers are required to complete prospectus registration and licensing protocols. 📝 Firms may also need to form a subsidiary to conduct the ICO.
Back in August, Y Ventures Group became Singapore’s first public firm to hold an ICO, which aimed to raise $50 million for creating a blockchain-based e-commerce system. At present, no token deemed a security has been approved in the country by the Monetary Authority of Singapore (MAS).
😍 our newsletter? Share with a friend!
😡 our newsletter? Spam your enemy!
Share this:
Like this: