It has been interesting to witness the evolution of bitcoin.
I've mined, traded, spent and held.
Two very different emails:
COINBASE:
Dear Coinbase Customer,
We are contacting you to make you aware of recent developments in a number of proposals for technical changes to Bitcoin. All BTC stored on Coinbase will remain safe during these events described below.
The User Activated Hard Fork (UAHF) is a proposal to increase the Bitcoin block size scheduled to activate on August 1. The UAHF is incompatible with the current Bitcoin ruleset and will create a separate blockchain. Should UAHF activate on August 1, Coinbase will not support the new blockchain or its associated coin.
The User Activated Soft Fork (UASF) is a proposal to adopt Segregated Witness on the Bitcoin blockchain and could result in network instability. It is scheduled to activate at the same time as the UAHF.
To ensure the safety of customers’ funds, we will temporarily suspend BTC deposits, withdrawals, and buy/sell starting approximately 4 hours before activation of either fork.
•If you do not wish to have access to UAHF coins, and do not wish to access your BTC during the fork, you are not required to take any action.
•If you do wish to have access to UAHF coins or access your BTC during the fork, you should send your BTC from Coinbase to your external address by July 31.
For more information on these potential Bitcoin forks, please refer to this article:
https://support.coinbase.com/customer/portal/articles/2844217-uahf-uasf-faq.
Thank you
KRAKEN
Hi Tanya,
We have posted an important announcement on our blog about the “Bitcoin Cash” (BCH) hard fork that will happen on August 1. Everyone should read the complete post, but here are a few highlights from the post:
•Kraken plans to support BCH on our platform for funding and trading in the pairs BCH/XBT, BCH/USD, BCH/EUR
•Clients holding Bitcoin (XBT) balances at the time of the fork will be credited with an equal amount of Bitcoin Cash (BCH) - e.g. 1 XBT will result in 1 XBT + 1 BCH
•Clients borrowing Bitcoin (XBT) for margin positions at the time of the fork will be debited an equal amount of Bitcoin Cash (BCH) - e.g. if you borrow 1 XBT you must pay back 1 XBT + 1 BCH
•Margin traders should read the blog post carefully to understand the added risk and how margin trading will work across the fork
•The BCH fork is planned for 12:20 pm UTC on August 1
•Bitcoin (XBT) funding will be halted at 11 am UTC and resumed sometime after the fork when it is safe to do so
•Trading will continue across the fork, but we may need to halt trading briefly around the time of the fork so we can adjust balances and add pairs
New Blog
http://blog.kraken.com/post/1150/bitcoin-cash-and-a-critical-alert-for-bitcoin-margin-traders/We have just launched a major update to the Kraken blog, so when you visit you will notice that it looks very different. The new blog not only looks better, but is hosted on a new platform that will allow us to publish new kinds of content - including the Kraken Daily Market Report, published every day around 2pm PT, with a “heat map” summary of the previous 24 hours of trade action. Take a moment to subscribe to the new blog, by email or RSS!
Thank you for choosing Kraken, the trusted and secure digital assets exchange.
The Kraken Team