We still have 10 more days until transactions and earnings are turned back on inside Atlantic Global Asset Management, but during this break, brought on by changes to the crypto Blockchain, much has happened.
AGAM Website
Atlantic Global Asset Management have been updating and improving their website. The new site looks great and now features a great NEWS section.
The News section of the AGAM website gives us an idea of the things that they are investing in. For example, over 90% of the funds in AGAM are held in Cryptocurrencies so it makes sense for them to keep a very close eye on what's happening, and you will find reports on this subject within the news section.
Atlantic Global Asset Management have recently purchased a European bank, and their aim is to have a fully operational bank by 2018 incorporating FinTech2 - the latest, most modern and super convenient way to move money. Therefor you will find news on Financial Technologies (FinTech).
Not only are they looking to use the latest FinTech themselves, but are looking for FinTech startup businesses to invest in and support.
Investment Packages
All Investment Packages have been extended by 3 weeks to make up for the 3 week holiday.
Important Message - My Lost Bitcoin Transaction
Some people are panicking about the 3 week break that AGAM announced. I wrote a blog post about why they took the break.
On the 1st of August, the Blockchain 'hard forked' creating a break-off currency called Bitcoin Cash. Then on the 9th August SegWit2x, a change in the Blockchain software was confirmed.
I sent some Bitcoin to a CryptoCurrency exchange on the morning of the 9th. That transaction still shows as pending. It's been 48 hours since I sent 0.0200BTC (about £54 at the time). The mistake I made, I think, was sending a Bitcoin Payment at a risky time - a time when changes were being implemented. That transaction could be lost forever in the older version of the Blockchain! It still shows in the Blockchain as an 'Unconfirmed' Transaction. It may never be confirmed and therefore lost
Atlantic Global Asset Management took the very wise decision to suspend all transactions until the volatile time has passed. The SegWit2x software update is on test until... 21st August.
That's when AGAM will resume! Thank you AGAM for protecting our funds!
Questra World
Nothing has stopped here!
People are still promoting Questra and AGAM. Opportunity meetings are being held around the world. People at the Director level are still opening new offices. Training events are still going on, like this one in Malaysia!
It's business as usual - whilst we wait for the 21st of August to come along!
Bill Thomson
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