Problem: Crypto Market Panic | Solution: GODcoin

godcoin (58)in #crypto-news • 6 years ago (edited)

The crypto market and bitcoin continue to receive bad news and it is now reported to be in "panic mode". According to Bloomberg:

The total market capitalization of virtual currencies dropped to $193 billion. That’s down from a peak of about $835 billion in January.
'Most cryptocurrencies have been overvalued for a very long time,' said Samson Mow, chief strategy officer at blockchain developer Blockstream Corp. 'It's hard to pin this move on any particular factor, but it feels like the opposite of last year when money piled in as people felt FOMO. Now it’s piling out as they sense panic.'

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Ethereum has also seen better days and many are in a state of panic. According to Bloomberg, "Ether has tumbled about 40 percent this month, while Bitcoin has dropped about 26 percent." The Independent reported yesterday:

Massive trading volumes suggest a mass sell-off, with ethereum trading at $262 at the time of writing. The price of bitcoin has fallen to $6,043, down 7 per cent since this time yesterday.

Today, Watch Market reported that the crypto market is now AT A LOSS OF MORE THAN 600 BILLION and it is "slipping below $200 billion for the first time since Nov. 12, 2017." Not only is bitcoin and ethereum feeling down...

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Here's a way to put it into a different perspective:

Q: What does the Turkish Lira and Bitcoin have in common?
A: A spiral downward. Bloomberg stated that its "slide against the dollar this month is almost as big as the Turkish lira’s 25 percent slump." Although, one of their sources doubts the spiral seen in the crypto world has anything to do with these global assets, historically speaking.

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A global economic crisis has been on the horizon for some time now, so nothing is guaranteed. The Independent left off their article with some good advice: "Experts warn that the volatility of cryptocurrencies mean people should not invest more than they can afford to lose." That is certainly true in the volatile crypto market but is there a better option out there that won't send you gambling your house and family away? YES, there is! GODcoin is not as affected as other cryptocurrencies out there in the market, why? GODcoin will be backed by gold and silver tangible assets. Anyone who has been around for a while knows that gold and silver have been real top drawer material for longer than any other material on Earth. Since GODcoin is a cryptocurrency, it will be able to survive the global economic collapse not only because it will be safely stored and backed by gold and silver, but because it is the official currency of the returned Christ, Lord RayEl. This official currency will be the ONLY one used in the New Kingdom, so it is guaranteed by Christ.

The time to invest in GODcoin is now, and if you want a slice of security, find out more information below!

This article was authored by Judith Monte, @belovebelight

There are many advantages to GODcoin especially since it is one of the few coins that will be backed by gold and silver. Not only does GODcoin offer the illuminated path towards a prosperous future, but very soon, it will be the global currency. To learn more, visit the following links:

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