GDPR – What’s Important to Retain
There are many important rules companies must follow starting from June 2018, that will actively protect customers against corporations data theft and abuse (ie, selling your data without your consent or creating complicated terms and agreements most users do not fully understand). I advise you to read through the whole thing especially if you (like me) work in IT, are responsible for an IT department or have your own startup; but there’s one single point I believe to be most destructive for many cryptocurrencies:

Yes indeed, each user has the right to be forgotten, meaning, all user data should be able to get permanently deleted. Let’s say if I chose to delete my facebook account, anything I have ever posted, commented, liked, etc has to disappear. It does seem simple when you own your own infrastructure, but due to one of the most important properties of blockchain technology being its immutability, you can already see the problem bubbling up.

Any platform that uses a distributed ledger to store user data (blockchain, ethereum) is, by all means, screwed. There is absolutely no way around this. What if companies just ignore this new enforcement? Well, the fine is only 4% of your company’s revenue, up to 20 Million Euros.

So if you have invested in a project, own a project or are generally interested in better understanding how this market will evolve, please do pay attention to the following: storing any user data on any public distributed ledger is half-way to a really, really, really unpleasantly expensive outcome.

From the top 100 cryptocurrencies, how many can you identify that will face issues due to this new regulation? Platforms that hold user data in any form must assure there is a way for that data to be deleted. Let me underline this again: it means a big no-no to storing any user data on a ledger from where that data cannot be deleted.

What about other rules?
Other key changes can be followed without compromising the concept of immutable distributed ledger technology. If you want more information on the subject I highly advise you to read this article. All these points are explained brilliantly by the author. If you want a more in-depth understanding of how this problem could be avoided see this one. In short, you would have to consider off-chain storing of data; this is, centralized servers.

Now what?
Raise awareness, speak to members of projects where you’re heavily invested and try to read as much as possible on the subject. Learning is the only way you’ll ever feel safe. Your opinion is the one you should value the most, as there is no one who will look-out better for yourself than… well, yourself!

https://www.ccn.com/gdpr-a-game-changer-is-coming-for-cryptocurrency/

Of course yes I highly support bitcoin in college even if I'm a graduating student. Students who use bitcoin will make money and they can afford what they want to buy.

I think the major factor that affects bitcoin price is as its demand in the market. Coz if the demand is low the price will also get low so that the consumer will buy a bitcoin coz its price is low.

Bitcoin has fallen below the $8,500 mark, merely 24 hours after surpassing $9,000. The entire cryptocurrency market has dropped $25 billion, and analysts suspect that the abrupt market decline was fueled by FUD (fear, uncertainty, doubt) surrounding Binance.

Market Slumps
Earlier this week, Japanese mainstream media outlet Nikkei reported that Binance was warned by the Japanese Financial Services Agency (FSA) for serving local investors on its platform. Binance, the world’s largest cryptocurrency-only exchange, operates internationally serving millions of users in different regions. Hence, it is obvious that users in Japan could trade on the Binance trading platform, as they can trade on Upbit, Bittrex, Poloniex, or any other cryptocurrency-only exchanges.

However, Nikkei reported that criminal charges will be filed against Binance if the exchange “fails to halt Japan operations,” and the misrepresentation of the situation led the market to panic. Changpeng Zhao, the CEO at Binance, released a statement to reassure its users and investors that the report of Nikkei was irresponsible, and that the Binance team has been communicating with the FSA for awhile.

https://www.ccn.com/cryptocurrency-market-drops-25-billion-bitcoin-below-8500/

In some point it is good being promoted in social media because social media is popular to the peope. And social can promote us in the whole world. It can be good and make the demand high so that the bitcoin price will rise up.

Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, March 23

The pullback in cryptocurrencies could not sustain as fears of a clampdown by the regulators again sent them crashing down. The latest news came from the Japan Financial Services Agency, as it issued a warning for Binance, the largest cryptocurrency exchange by volume, for operating in Japan without a license.

Binance, which was founded in Hong Kong said that it is “in conversation” with the FSA to seek a license. Additionally, it is examining the possibility of opening an office in Malta, according to the founder Zhao Changpeng.

Such obstacles are to be expected in any new asset class, more so, if it has a reputation of being preferred by tax hoarders and money launderers. However, for every avenue that closes, another new one opens. Cryptocurrencies are here to stay and grow in value in the future.

So, let’s see if we find any buying opportunities.

BTC/USD

We had suggested traders buying 50 percent of the desired allocation if Bitcoin dips to $8,800. The levels were reached today, March 23, and the trade is active. The initial stop loss is $7,600, which should be trailed higher once the price breaks out of $9,300.

BTC

For the past two days, the bulls have managed to keep prices above the descending channel, which is a positive sign.

The BTC/USD pair will gain momentum once it sustains above the 50-day SMA and $10,000. Once these two levels are crossed, a rally to $12,172 is likely.

On the other hand, if prices fall into the descending channel and break below the March 18 lows of $7,715, a retest of the February 06 lows of $6,075.04 is possible.

ETH/USD

On March 19, though the intraday high was $590.11, the closing (UTC) was at $558.78. Our proposed long positions were not filled because Ethereum could not close above $575. 

ETH

Currently, the bulls are trying to push prices back above the descending channel. If successful, we can expect a move to the 20-day EMA at $641.

On the contrary, if the bears push prices back into the channel, a retest of the March 18th lows of $452.32 might take place.

We don’t find any setup that has a good risk to reward ratio, hence, we don’t recommend a trade on the ETH/USD pair at the moment.

BCH/USD

Bitcoin Cash could not break out of the 20-day EMA but is holding above the downtrend line, which is a positive sign.

BCH

If the BCH/USD pair fails to hold the $980 levels, it can slide to $940 and then to the March 18th lows of $884.7951.

On the upside, the 20-day EMA and the 50-day SMA will act as a strong resistance. Once the price sustains above $1,200, it will indicate the start of a new trend. Until then, we shall remain on the sidelines.     

XRP/USD

We went long on Ripple at $0.71, on March 19. Our suggested stop loss is $0.52, just below the March 18th lows. We took this trade because we anticipated a range bound action on the cryptocurrency.

XRP

However, for the past four days, the XRP/USD pair has been correcting back towards the critical support of $0.5627.

If the bulls are unable to recover prices within a day or two, a breakdown of the March 18th lows is possible. If the $0.5375 level breaks, the next support is only at $0.22.

On the upside, the cryptocurrency will pick up momentum above $0.75.

XLM/USD

In our previous analysis, we had suggested long positions in Stellar if the bulls buy the dip at $0.23. Currently, the price is struggling to hold above the downtrend line.

XLM

If prices dip back below the downtrend line, a retest of the $0.2 level is possible. If this level breaks, the next support is way lower at the support line of the descending channel.

Therefore, we suggest buying the XLM/USD pair on a close (UTC) at $0.25, which will confirm a successful retest of the downtrend line. The target objective on the upside is $0.32 followed by a move to $0.35.

The initial stop loss can be kept at $0.19, on a closing basis (UTC), which can subsequently be trailed higher.

LTC/USD

We had recommended buying Litecoin on dips to $165. Traders who have initiated long positions today should keep the stop loss at $142.

LTC

The LTC/USD pair turned down from the 20-day EMA on March 21 and broke below the downtrend line. Unless the bulls recover prices quickly, the cryptocurrency will retest the March 18th lows. If the retest fails, a slide to $128 will be on the cards.

The first sign of strength will be when the price sustains above $180. Please use only 50 percent of the usual position size. If you have purchased the normal size, please sell half at the current levels. Let’s keep our risk to the minimum.

ADA/BTC

Cardano did not trigger our buy levels of 0.000025. It turned down from 0.00002449 on March 21. We expect it to find buying support above the downtrend line, around the 0.00002 mark.

ADA

We continue to be bullish on the ADA/BTC pair, providing it breaks out and closes (UTC) above 0.000025. The target objective is 0.000035 and the stop loss can be kept just below the recent lows.

Critical supports on the downside are at 0.00002 and 0.00001690.

NEO/USD

In our previous analysis, we had recommended long positions in NEO if it holds the $65 mark. Right now, we don’t see any significant buying support at this level. If the support breaks, a fall to the March 18th lows of $49.04 is likely.

NEO

Therefore, traders should wait for a bounce and initiate long positions after the NEO/USD pair breaks out $82. The stop loss can be kept just below the recent lows, and the target objective is a rally to the downtrend line of the descending triangle at $110. 

Our bullish view will be invalidated if the cryptocurrency continues to slide below $65 levels.   

EOS/USD

EOS has risen close to the resistance line of the descending channel, which is a major hurdle to cross because the price has turned down from this line on two previous occasions.

EOS

For the past two days, the EOS/USD pair has been trading close to the resistance line, but to its credit, it has not given up much ground. It continues to trade above the 20-day EMA; it is a positive sign.

A breakout and close (UTC) above the resistance line of the channel and the 50-day SMA gives a pattern target of $11.5. Aggressive traders can initiate a long position around $8 with a stop loss of $6.

This is a risky trade because the cryptocurrency has resistances at $8.6 and $10. Therefore, traders should close the position if they find that one of the above-mentioned levels is proving difficult to cross.

https://www.google.com.ph/amp/s/cointelegraph.com/news/bitcoin-ethereum-bitcoin-cash-ripple-stellar-litecoin-cardano-neo-eos-price-analysis-march-23/amp

Yes maybe it is. Because bitcoin is also high in price like gold. But there's also a difference between gold and bitcoin. You can't touch bitcoin but in gold you can.

I think ethereum can't be next to bitcoin because ethereum price is too far from bitcoin price. So bitcoin is the one that leads to all crypto.

Everybody says that Satoshi Nakamoto is the owner of bitcoin but nobody knows who was Nakamoto. Some says that an AI owned and manage bitcoin. So that nobody can say who was the real owner and the creator of bitcoin.

Over the past 48 hours, after demonstrating a highly volatile week, the cryptocurrency market has remained stable in the $350 billion region, as major cryptocurrencies such as bitcoin have not recorded major gains or losses.

Stability
Throughout February and March, every cryptocurrency in the global market has experienced extreme upswings and price drops, going up and down 20 to 30 percent within a 24-hour period. Bitcoin for instance, has dropped from $14,000 to $6,000, increased to $11,600, dropped to $7,000, and recovered to $9,000.

Subsequent to this period of intense volatility, the cryptocurrency market has found some stability, given that the market has not made any major movement for two days straight. Some tokens like ICON (ICX) and Storm have surged by over 40 percent due to exchange listings, but other than the two cryptocurrencies, most digital currencies have sustained their price from March 20.

Investors have also started to express some optimism and enthusiasm towards the market after the initial recovery from $6,000. Experts in the tech and finance sectors including Twitter CEO Jack Dorsey, billionaire investors Tim Draper and Alan Howard shared a similar sentiment in saying that cryptocurrencies like bitcoin could become the global reserve currency.

Twitter CEO Jack Dorsey, who also operates payments app Square, stated:

“The world ultimately will have a single currency, the internet will have a single currency. I personally believe that it will be bitcoin.”

Howard, who invested in bitcoin last year, revealed that he will increase his holdings in cryptocurrencies in 2018, because he strongly believes the market will experience a full recovery throughout this year.

“Hedge fund billionaire Alan Howard made sizable personal investments in cryptocurrencies last year and plans to put more of his own money into digital assets and the blockchain technology behind them, according to people with knowledge of the matter,” a Bloomberg report read.

https://www.ccn.com/cryptocurrency-market-remains-stable-at-350-billion-bitcoin-at-9000/

Bitcoin fell after one of the world’s largest cryptocurrency exchanges was said to face a government rebuke for operating without a license in Japan, heightening concern that increased regulatory scrutiny will curb demand for digital assets.

Japan’s Financial Services Agency is planning to tell Binance, the trading venue founded by Zhao Changpeng, to stop operating in the country without official approval, a person familiar with the matter said. Binance has several staff in Japan and has been expanding without receiving permission, the person said.

Bitcoin erased gains after Nikkei first reported the FSA’s plans, and the cryptocurrency was trading 2.2 percent lower at $8,700.85 as of 10:33 a.m. in London. Rival coins including Ether and Ripple also dropped.


Governments around the world have been stepping up scrutiny of cryptocurrencies in recent months amid worries that they’re facilitating everything from money laundering to tax evasion and fraud. Japan, one of the most active markets for digital assets globally, introduced a licensing system for virtual currency exchanges last year in an effort to improve oversight.

Binance told Bloomberg News in January that it was working to acquire a license in Japan. The exchange is “engaged in constructive dialogue” with the FSA and has “not received any mandates” from the regulator, Zhao said on Thursday.

Read more: What the World’s Governments Are Saying About Cryptocurrencies

To date, the FSA has issued licenses to 16 cryptocurrency exchanges, including bitFlyer Inc. and Quoine. Another 16 were given permission to operate without a license. Among those was Coincheck Inc., which suffered a $500 million hack in January.

In the wake of the Coincheck theft, Japanese authorities have clamped down on the industry. Last month, the FSA issued an administrative penalty against Macau-based Blockchain Laboratory Ltd. for giving seminars and providing consultation services in Japan without a license. And this month, it suspended several local venues for poor security measures.

Binance has consistently ranked as the world’s largest cryptocurrency exchange by volume since late last year, according to Coinmarketcap.com. It held the top volume ranking for the past 24 hours, trading $1.8 billion, the website shows.


https://www.bloomberg.com/news/articles/2018-03-21/fed-raises-rates-steepens-path-of-hikes-as-outlook-strengthens

I think bitcoin price is falling is because of the demand of bitcoin is low and google is banning some crypto.

The world's economic leaders have set a July deadline for the first step toward unified regulation of cryptocurrency.

Speaking Tuesday after the G20 meeting of finance ministers in Buenos Aires, Argentina Central Bank chair Frederico Sturzenegger said the member nations present agreed that cryptocurrencies needed to be examined, but that more information was needed before any regulations could be proposed.

"In July we have to offer very concrete, very specific recommendations on, not 'what do we regulate?' but 'what is the data we need?'"

https://www.coindesk.com/g20-calls-crypto-regulation-recommendations-july/

Yes it could nothing is impossible but bitcoin won't let other cryptocurrencies be on top and replace by other crypto.

Everybody says that nobody controls bitcoin but for me there's one person or one group who controls it but no one knows who it was that is way they say that nobody controls it. If nobody controls it who launch the system? Who is in charge in the maintenance of the system? Where is the server of this system? Who paid for it for web hosting? Is it launch in the air and then everybody used it? No one knows but it has, it ALWAYS HAS. No system or program runs by its own. How about if it crash? Who manage it? Who made the updates? That's the sign you have to keep it in your mind.

Bitcoin has surged past the descending trend line connecting the highs since March 7, signaling a short-term reversal from the drop. Price has also moved past the 100 SMA dynamic inflection point and might also be due for a move past the 200 SMA.

For now, the short-term moving average is below the longer-term 200 SMA to signal that the path of least resistance is to the downside. Price is currently testing the area of interest around $8400 and could still be due to resume the selloff below the trend line and onto the swing low.

https://ethereumworldnews.com/bitcoin-price-analysis-are-bulls-finally-returning-now/

Of course yes bitcoin will survive from dying, actually it can't be dead because many users love bitcoin even if the price is low. There's no reason to be dead unless the human race has ended coz no one will use bitcoin if all human are dead.
Bitcoin will survive and rise up again for us.

Bitcoin won't loose their popularity even the price of bitcoin is low users still using this and loving this bitcoin. So its still popular in the market.

Bitcoin isn't over they're just refreshing their price coz the demand is low. But bitcoin is still isn't dead. Still alive and kicking.

Maybe this is the right time to buy bitcoin coz it is in lowest price of bitcoin, then sell it when the price is high. you'll earn a lot.