Crypto Currency Newsletter for august 2017
Chaosje, the Netherlands

July has been a hectic month. As a whole the crypto currency (CC) declined in value compared to fiat money.
This is in contrast of the fact that a lot of fiat has been invested into CC through ETH, while ETH kept on declining compared to BTC.
Does it make sense? Well, only if we consider the market is influenced by big players who obviously wanted to buy at a low price, knowing it would going to rise.

August 1st is going to be a big day. A group within the BTC community has chosen to try forcing a hard fork. Many things could happen but the most important thing now is:

TRANSFER ALL BITCOIN TO A PRIVATE WALLET WITH A PRIVATE KEY WITHIN 24 HOURS!
https://bitcoin.org/nl/download
(or buy altcoins, or transfer to ETH)
for example I got 54 Satochi left on hitbtc, for which I cannot buy anything more or transfer ;)

possible scenarious are:
1. the fork won't happen
2. the fork is tried but not enough people participate, so we'll end up with two splitting blockchains.
3. the fork succeeds and BTC will be equal to BCC(F) on the same blockchain

option 2 is most likely and will be destructive for BCCF, or BTC, in the long run. The goal of BCCF is to go 1:1. People who bet on option 3, should invest in BCCF.
See https://bitcointalk.org/index.php?topic=2017191.0 for updates

Then BCN, it went down 25% because there is a new player, taking over the official team, BCN maybe will become open source and will soft-fork into a new wallet. You just can sit and wait for more updates, but they are seeking entrances now in many exchanges and it's bount to rise!

September 2017 ICO LAB will be released as well as the first ICO on EXP(anse) so hitbtc may hurry up allowing trading in EXP!
(or miss out on all new ICO's)

Till next time,

Chaosje,
Because God is Anarchy the devil creates order.