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There are more and more reports in the media that there will soon be a large price increase for Bitcoin. Experts expect a price of $ 25,000 or higher by the end of the year. In this post we show you what the possible cause is.

Today we have rolled out an improved trading engine (V0.18.1). The engine is even more stable and is further optimized to handle larger amounts of users and traders. Also the emails that are sent after a buy or sell have become clearer.

From today the new Cryptotrader Web App (v0.15.0) is available. The Web App loads faster and you notice that especially on a Smartphone with a slow internet connection.

There are many developments around Bitcoin that can result in a (much) higher price. Bitcoin is programmable money that will make many new financial applications possible. Multiple groups are working on Lightning network which we will be able to carry out millions of Bitcoin transactions per second at very low costs, the first countries start accepting Bitcoin as official payment currency, there are many new Bitcoin ETF initiatives, because of the devaluation of the USD and Euro more and more people are switching to Bitcoin. Every 4 years the amount of new Bitcoins is halved and the demand for Bitcoins keeps increasing. But there are also risks ...

Today we have deployed an improved trading engine (V0.15.0). This engine now uses a dynamic pocket size that automatically adapts to market conditions.

Today we have migrate to a larger server in the Amazon Cloud (AWS) for Cryptotrader. Due to the strong growth in new customers, we needed a larger server with more memory and processor capacity. The migration was successful and we were down for 5 minutes during the migration.

As everyone has seen, the price of Bitcoin is in a big dip. On December 17 2017, Bitcoin reached a record high of $20.000. After this, the price crashed hard. Immediately reports appear in the media that this could be the end of Bitcoin. But is this true?

Good news. The planned Bitcoin fork on November 16, 2017 is cancelled. Read the official message here. As a result, we do not have to stop the traders anymore. The traders continue running after November 14th. You do not need to take any action.

As you may have heard, there will be potential fork at Bitcoin on November 16, 2017. The reason for this is that a portion of the Bitcoin community wants to increase the block size to 2 MB blocks while another part wants it to keep (preliminary) to 1 MB.