Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Well..at least you had a plan..
That had a stop loss. I'm on to EV plays until crypto picks back up
I'll slowly buy back in now...with BTC on the edge
It's what happens when people thing 2-3 years means 2-3 months ....blinded
I keep trying to tell them...
This is a 2-3 year stock.
Citadel will put out a hit short piece soon. That's their move for bleeding companies that delve in Crypto.
Coiling
A breakout?
Competition is coming....
With BTC and ETH dropping. .I can only suspect this to drop more as that is all they are offering on the platform. I ended up taking money out of BKKT app because of this limitation.
I'm bullish long term...but spacs....their first earning always drop the stock
Warrants are exercisable
I've been trying to tell people for weeks.
I'm excited to see what happens Monday when warrants are exercisable. Still thinking this goes to teens...and the support wont hold beyond Tuesday. But we will see..
Yea...but the divide in congress...I doubt republican house members/senators would support it.
With 1 Billion float...yea....that's a small number
Yup, have a strategy that works for you and stick with it. Good luck
I agree that that support is there....but given the macro factors and that Bakkt isnt really ready to capitalize...I'm hoping the support breaks. But, we all trade a bit different.
Getting closer to my target...mid teens
Me too
I'm still waiting on Teens.
Taking out stops
Clearly will be the out and out leader in the infrastructure deal
Next monday I believe
It's kind of a waiting game now to see what management will do
The EUA will take 4-6 weeks
Warrants are going to be exercisable sometime this week.
For those who dont thing this stock can drop below $30.
I found a good reddit page that can help inform everyone.
https://www.reddit.com/r/SPACs/comments/qfx7lu/bkkt_warrants_analysis/?utm_medium=android_app&utm_source=share
Its the same thing that happened to IRNT before warrants were exercisable. Although IRNT didnt have good news like BKKT.
Although I hope I'm right about a drop to the high teens to low 20s...for all our sake I hope it explodes one day
They could capitalize on ETH going higher if they had already made plans to go Nasdaq like all the other miners did in March 2020
It's too bad this company never followed through with thier BTC Fund.
I agree this could be the differentiators...just being able to partner. But, we will see how many companies partner and integrate....and what that timeline will be. They are off to a good start.
And FYI...telling me to go look to prove what you believe is happening...isnt how conversations work. Bring your own DD.
You're right...old money isnt stupid money....they'll put more in gold, venture funds, money managers...than put it in crypto. ...they can afford throw 0.1% of thier wealth into crypto...but that doesnt mean they have been sitting on the sidelines waiting for 2021 for BKKT...its more likely they got in during or after the 2016 crypto craze. Thus used platforms like Coinbase. But, could they switch, sure. Only time will tell how BKKT management intends to implement a strategy to get customers...the only thing I can think about is some kind of partnership with NYSE to which makes BKKT the exchange of choice for money managers and market makers.
This market cap is reflective of thier user base or customers.
PayPal has a large user base from leeching off Ebay for the better part of 2 decades.
Coinbase and robinhood have cemented themselves as leaders in getting the middle class into investing and cryptotrading....
There was a person who commented about BKKT looking for old money. That could be the case, but old money takes a longer time to uptake something new. So, I'll stick with my timeframe of Jan 2023-2025 to be at $100+
Just a heads up, I am long...but I'm realistic. I've taken out my initial investment in the company and now riding free shares. I'll put my initial investment back in after we see what happens this month.
Visa 10.7 million locations
Mastercard 10.7 million locations
Tie
Cards in Circulation
Visa 838.3 million
Mastercard 388.4 million
Transactions
Visa 62.3 billion in 2016
Mastercard 25.4 billion in 2016
I mean...we will see about your low 30s prediction...I'm seeing low 20s. But, time will tell.
For me, the developments are great...but saying at this point it's worth $150+ is crazy ...maybe in 3 years yes.
I agree with most everything you say except...coinbase doesnt have small customer base. Are you kidding. It is the number 2 exchange behind binance.
Straight from Coinbase website:
Coinbase Card is a Visa® debit card that lets you spend any asset in your Coinbase portfolio (including US dollars) and earn rewards for each purchase.
Sounds like exactly what you are saying they are not...is exactly what they are.
Also binance has a debit card also...and has the most amount of user by far.