Whether Kraken agrees with me or not, Kraken has decided to increase its computing capacity to accommodate more action quickly.
They’ve identified areas using much more computing capacity than their standard ‘bread and butter’ trades and are eliminating those areas to quickly increase computing capacity by temporarily eliminating the lesser used functions that did use much more capacity.
They haven’t eliminated trading in the cryptos they listed, just said you have to trade ETH or BTC for them instead of fiat currency.
As for the advanced order functions, I’ve never used them in a year+ of trading.
P.S. If you’re in the Venice Florida area, come join our Bitcoin meetup on Saturday, August 26 at the Jacaranda Public Library from 3 to 4 pm!
The cryptocurrency market just fell about 15% and appears to be on its way back up. If you’ve gotten my book and set up an account, now’s the time to buy some.
I believe the drop is related to the possibility of another type of Bitcoin being created on August 1. If so, provided you don’t buy Bitcoin at Coinbase or GDAX, your Bitcoin will split into one Bitcoin and one new coin.
Either way, be sure to buy no later than July 27 and don’t do anything with it, buy or sell, until after August 3.
There is a possible change coming to Bitcoin around August 1. After this time, the price will most probably go up on Bitcoin and the other cryptocurrencies as well. However, if the change occurs, people with Bitcoin on Coinbase.com or GDAX.com may find that they are not able to profit from a second coin that others will get for free.
So, to be safe, by Friday, July 28, 2017, move any Bitcoin you have on Coinbase.com or GDAX.com to Kraken.com or to a blockchain.info wallet.
ALSO, do not trade, send or withdraw any Bitcoin from July 31 to August 3.
If you want to learn more about this, you can find it here in my book