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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FP1jKCuR.png&t=665&c=I4wY78PWsTMfhw) It should come as no surprise that China is trying to alleviate its financial burden added on by U.S. trade tariffs. As a result of these trade-wars, we've seen China buying bullion. That's right, tons of gold, literally! Data released by the People's Bank of China reported that May was the "sixth month straight" where China bought and added gold to their stockpile. RT reported: "Last month, the central bank raised its bullion reserves to 61.61 million ounces from 61.10 million in the previous month. As of the end of May, the nation's stockpile was valued at $79.83 billion compared to $78.35 billion a month earlier. In tonnage terms that marks an increase of 15.86 tons, after almost 58 tons of gold were added over the five months through April." "In May, the country's total foreign exchange reserves, the world's largest, reportedly edged 0.2 percent, or $6 billion higher, reaching $3.101 trillion. The increase shifted the expectations of analysts polled by Reuters, who projected the reserves to drop by five billion to $3.090 trillion." China is "diversifying its bullion and foreign currency holdings amid the protracted trade dispute with the US." RT also reported: Chinese authorities are seeking 'determined diversification' away from US dollar assets, according to Helen Lau, an analyst at Argonaut Securities, as quoted by Bloomberg. The expert expects China to buy 150 tons of gold by the end of the current year. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FCRmM80H.jpg&t=665&c=DpQMo6uj247QJg) These actions continue to show that precious metals, especially gold, are superior even during a financial trade war between two superpowers. This should speak volumes not only to how important gold is, but how important it will continue to be in the future. Fiat currency is no match for gold, nor will it ever be. An interesting article from Forbes discussed recently that there are not many things to put your faith in anymore in America, mainly the government. As for investments, the author says to put your faith in gold. From the article: As an investor, I continue to have great faith in gold as a store of value during times of economic and geopolitical uncertainty. It's behaved precisely as I expect it to. In response to heightened global trade concerns and weakening economic indicators, investors have piled into the yellow metal, pushing its price up for a remarkable eight straight days as of last Friday. We haven't seen such a winning streak since June 2014, when gold traded up for 10 straight days. Many know cryptocurrency is the future, and once fiat currency finally falls flat or fades away, you will want to have invested in a cryptocurrency that didn't fall flat either because it wasn't backed by any tangible assets. That is why GODcoin is the future because it will be backed by gold. It's time to consider your future and invest today! 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: https://godcoin.gold/wp-content/uploads/2019/05/Introduction-to-King-RayEl.pdfhttps://godcoin.gold/wp-content/uploads/2019/05/GODcoin-whitepaper.pdfhttps://github.com/GODcoinAll information provided is available on the official website at https://godcoin.goldPREPARE TO INVEST WHILE YOU CAN Social https://www.facebook.com/GOD.coin.gold/https://www.linkedin.com/company/GodCoin/
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FigogqmT.jpg&t=665&c=sbP9jyjHdny-Ng) Gold is shining brightly while the U.S. Dollar dims... While the world leaders met at the G20 summit in Argentina, the U.S. and China have agreed on a 90-day hold where they would not impose more trade tariffs on each other. This is great news for gold and not so much for the U.S. Dollar. According to CNBC, this agreement "encouraged investors to sell the dollar, making gold cheaper for holders of other currencies." CNBC reported: 'The tariffs (agreement) is a game changer for gold because you are seeing much better commodity statements, buying power ...,' said George Gero, managing director at RBC Wealth Management. As gold has been keeping steady and strengthening, the U.S. Dollar began to weaken. Interestingly enough, China seems to be doing a bit better in this deal since the Yuan was even bolstered. Kitco reported: The U.S. dollar index is weaker as secondary world currencies were boosted Monday, including the Chinese yuan, on the U.S.-China truce. That’s a bullish outside market force for the metals markets. There are notions a U.S.-China trade agreement would lessen demand for the safe-haven greenback. The figures... The Economic Times reported: US gold futures were up 0.2 per cent at $1,228.1 per ounce. The dollar index, which measures the greenback against a basket of six major currencies, was down about 0.2 per cent. Business Day reported: Spot gold rose 0.7 % to $1,230.81/oz at 10.15am GMT, having touched its highest level since November 7 at $1,232.22 earlier in the session. US gold futures gained 0.9% to $1,236.50/oz. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FFk7f0WF.png&t=665&c=es67YdDyX__WtA) As of December 3rd, 2018 @ 20:00 UTC Source Gold's advantage... Reuters reported: 'Dollar has edged down from its high, supporting gold,' said Hareesh V, head of commodity research at Geojit Financial Services Business Day reported: The US currency was the preferred safe haven in 2018 as the US-China trade war unfolded against a backdrop of higher US interest rates, denting bullion's appeal. In the week to November 27, speculators increased their net short position in gold by 8,464 contracts to 51,828 contracts, the US Commodity Futures Trading Commission (CFTC) said on Friday. 'The key point is still the very bearish positioning in the futures market which is partly due to the strong US dollar and the outlook for further rising interest rates. Now that we have a relief in that regard this could provide some more upside for gold in the short term,' Julius Baer's Menke said. Gold's month of remaining high and its positive onlookers is great news if you are investing in GODcoin! GODcoin provides a digital cryptocurrency that will be backed by gold and silver. The global economy is hanging on by threads and all the warning signs of a collapse are there. If any fiat currency collapses or a depression occurs, all investments in those currencies will plummet and leave you with nothing. Digital currency is the future for efficiency, stability, and security. There are not other cryptocurrencies out there that will be backed by tangible assets and if they are backed by a fiat currency, you can imagine the loss that can come from that. Gold will always shine brightly as it has been used for generations as a standard. Don't wait until it's too late to invest in GODcoin, because you will be wishing you did when the global economic crisis occurs. Your secure and bright future is waiting for you with GODcoin paired with gold, so what are you waiting for?! GODcoin_Dec_Bonus_1_logos.jpg Right now, there is a Double December Bonus as well, so don't miss this even better opportunity! Check out this link for more information. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fu47zcsg.jpg&t=665&c=f5Cha8y_OxZoYQ) 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: View the history leading up to the white paper https://godcoin.gold/wp-content/uploads/2018/03/GODcoin-whitepaper-RayEl-proof.pdf View the white paper https://godcoin.gold/wp-content/uploads/2018/03/GODcoin-whitepaper.pdfAll information provided is available on the official website at https://godcoin.goldPREPARE TO INVEST WHILE YOU CAN Social https://www.facebook.com/GOD.coin.gold/https://twitter.com/GodCoinGoldhttps://plus.google.com/110351809386138038654https://www.linkedin.com/company/GodCoin/https://www.youtube.com/channel/UCRmsiytZnbMg-O_b2zBNuTghttps://vk.com/god.coin
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FoJfr9Xl.png&t=665&c=BaTmb6awUUhQJQ) Are people growing tired of people coming out talking about a global financial collapse, or are people waking up to the idea that this is a serious matter? Another person has come forward expressing the looming threat of another crash and has even made a statement pointing towards cryptocurrency's bright and potential future. Who was this person? Erik Voorhees, who is the CEO of ShapeShift which is a cryptocurrency exchange company. From this Crypto News Review: https://cryptonewsreview.com/how-the-next-financial-crisis-is-set-to-see-people-turn-to-cryptocurrency/...He stated his belief that crypto was poised to come into its own should the current financial system have another dramatic tumble.
'When the next global financial crisis occurs, and the world realizes organizations with $20 trillion in debt can't possibly ever pay it back and thus must print it instead, and thus fiat is doomed. Watch what happens to crypto', he told his followers.
'Ultimately the world will move away from fiat money (printed without end, trending toward zero) toward crypto money (known, transparent, fixed supply, not subject to politicians’ opportunism).' You can also see it from his Tweet last week. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FeV0URp4.png&t=665&c=hpWscPmuNsF1Kw) If you've been around reading GODcoin's articles you'll know that he's right about two things: *A global financial crisis/crash will occur as many experts in the field are discussing the warning signs *Cryptocurrency will be the new tradable money ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FS1S5LfW.png&t=665&c=G9bJFbckhBCs5Q) Of course, at that time, cryptocurrency will give a new perspective to all, but the only thing is, if you lose all of your fiat currency when the crash occurs, how will you be able to secure crypto? That is the dilemma of the investor and not only that, but there are risks around every corner. So, this is where a person has to assess their risks and go for the option that suits them best. Now, we can already see the overall risks of not investing in cryptocurrency now while the market is still surviving, but there is always the risk of investing in the wrong type of cryptocurrency. Well, thankfully, this is where GODcoin is going to help investors see the illuminated path of non-volatility. As cryptocurrencies such as Bitcoin and other non-asset based cryptocurrencies are extremely volatile, there is also a high risk of losing a lot of your investment, and fast! This is where GODcoin will alleviate those risks because it will be backed by tangible assets such as gold and silver. Those precious metals have always set a standard and will continue to do so in the future. https://youtu.be/uB2aenLPEFUThere 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: View the history leading up to the white paper! https://godcoin.gold/wp-content/uploads/2018/03/GODcoin-whitepaper-RayEl-proof.pdf View the white paper! https://godcoin.gold/wp-content/uploads/2018/03/GODcoin-whitepaper.pdfAll information provided is available on the official website at https://godcoin.gold/PREPARE TO INVEST WHILE YOU CAN Social https://www.facebook.com/GOD.coin.gold/https://twitter.com/GodCoinGoldhttps://plus.google.com/110351809386138038654https://www.linkedin.com/company/GodCoin/https://www.youtube.com/channel/UCRmsiytZnbMg-O_b2zBNuTghttps://vk.com/god.coin
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The intention is to be more energy and time efficient. This will save on overall costs, and will be more transaction-friendly to the consumer. Blocks will be produced through a process called minting. In decentralized systems, there are multiple nodes on the network producing blocks. An algorithm needs to be in place to reach consensus on which block is added to the network. Without a consensus algorithm in place, nodes will keep forking the blockchain in favor of its own blockchain. This results in either a completely centralized system or a useless distributed network. GODcoin will use the Proof-of-stake consensus algorithm for the minting process. This presents a couple significant advantages, transactions will be processed quickly and energy efficiency is drastically improved over the commonly used Proof-of-Work. Minters will be able to run a node on resource constrained systems provided there is adequate disk space. Check out More information: https://www.godcoin.gold![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fs3OztNt.png&t=665&c=IxKaf_oYt4SGRQ)
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FYzWwI6d.png&t=665&c=J2g7DThdIFvFHQ) An analyst of the global financial system who is based in the UK, Ann Pettifor, predicted the 2008 economic collapse that affected the entire planet back in 2006. Due to high corporate debt and rising interest rates in the U.S., this economic prophetess is now thinking the global economy is at the beginning of another financial crisis that has been set in motion. The Sky News report stated that "she told Sky News that global debt was now more than three times the level of global GDP." 'So naturally it is not going to be repaid, and naturally there is going to come a point when that debt triggers the next crisis. And, for me, that trigger is going to be high rates of interest.' 'We're seeing that companies who borrowed too much money at very low rates of interest are now finding the value of their collateral falling. Their debt is rising and the interest on that debt is rising too.' She said the US Federal Reserve's decision to wind back its support for the economy, and reverse its programme of quantitative easing, has already laid the ground for the next crisis. Sky News went on to report that Ann Pettifor told them that the Federal Reserve’s decision in Argentina and Turkey have caused the crisis in those countries. Since the interest rates were increased, it is destroying those countries’ economies and in return, it is essentially strengthening the U.S. dollar. Not only that, but she believes "the new crisis has begun to roll" and it’s not only those countries at risk because she also thinks the UK is "vulnerable" due to Brexit causing volatility in their economy. Even back in 2016, there were known economic issues: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FYC7nXL9.jpg&t=665&c=jWDqi3HADNuw0g) Source https://xn--http-fb7a//locktonmarketupdateblog.com/wp-content/uploads/sites/7/2016/06/Brexit-Update-June2016-Economic-Issues.jpg%E2%80%9DMany experts and analysts have come forward and corroborated the statement that a global economic crisis WILL occur! It’s not if but when. Today, GODcoin’s CCO, Joseph Monte, stated: The recent slew of financial headlines about an impending crisis is NOT something to take lightly. You are being granted an opportunity now to secure at least some of your wealth for the New Kingdom, a most generous offer from your Lord, by participating in GODcoin's ICO. Still don't want to take this seriously? Look, when the dollar collapses and fiat as you know it becomes pretty much useless and all the other cryptos become obsolete, and the Lord is being ushered onto his throne, what are you going to do if you haven't been tithing to the Lord, haven't been purchasing GODcoin, and haven't been serving him? You reap what you sow. Matthew 25 24 “Then the man who had received one bag of gold came. ‘Master,’ he said, ‘I knew that you are a hard man, harvesting where you have not sown and gathering where you have not scattered seed. 25 So I was afraid and went out and hid your gold in the ground. See, here is what belongs to you.’ 26 “His master replied, ‘You wicked, lazy servant! So you knew that I harvest where I have not sown and gather where I have not scattered seed? 27 Well then, you should have put my money on deposit with the bankers, so that when I returned I would have received it back with interest. 28 “‘So take the bag of gold from him and give it to the one who has ten bags. 29 For whoever has will be given more, and they will have an abundance. Whoever does not have, even what they have will be taken from them. 30 And throw that worthless servant outside, into the darkness, where there will be weeping and gnashing of teeth.’ Seeing all of these warnings should be a HUGE indicator that you should be doing something before it is too late! GODcoin is going to be the ONLY opportunity in the future to be able to have financial stability. This is due to the fact that it is the official currency of Christ, as well as it will be backed by gold and silver. So, what are you waiting for?! Invest in your future NOW while there is still time! This article was authored by Judith Monte, @belovebelight https://www.youtube.com/watch?v=uB2aenLPEFUThere 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: View the history leading up to the white paper https://godcoin.gold/wp-content/uploads/2018/03/GODcoin-whitepaper.pdf View the white paper https://godcoin.gold/wp-content/uploads/2018/03/GODcoin-whitepaper.pdfAll information provided is available on the official website at https://godcoin.goldPREPARE TO INVEST WHILE YOU CAN Social https://www.facebook.com/GOD.coin.gold/https://twitter.com/GodCoinGoldhttps://plus.google.com/110351809386138038654https://www.linkedin.com/company/GodCoin/https://www.youtube.com/channel/UCRmsiytZnbMg-O_b2zBNuTghttps://vk.com/god.coin
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Around the world, there's a growing list of countries who have realized it's in their best interest to drop the United States Dollar. It's been the world reserve for decades, but nation after nation has begun to see their dependence upon it may be more trouble than it's worth. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FBj39uFS.png&t=665&c=Aqi_HnumotBrlA) Most recently, Iraq and Iran have abandoned the dollar in bilateral trade. Before them, other major powers made similar moves. Russia, China, and even Japan are among these. World leaders are now calling out against the dollar. President Vladimir Putin said, “The whole world can see that the dollar’s monopoly is precarious and dangerous for many. Our gold and currency reserves are being diversified, and we’ll continue to do that further.” ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FsWP6eWT.jpg&t=665&c=Yd6kQog8OJqPVQ) Turkey's President Erdogan said at a business forum, "We need to gradually end the monopoly of the dollar once and for all by using local and national currency among us." South Africa, Venezuela, and France's presidents have all made similar calls to diversify their trade mediums. Many insist upon this with deliberate intent to financially weaken America's global strongholds. However, it's not only America which will be shaken as this movement gains momentum. Much broader international shockwaves will be made as a result, helping to bring many economies to their knees. This will come alongside long-evident disasters, civil breakdowns, and military conflicts. A perfect storm has been brewing for some time now, and the biggest cloud in the sky is something no nation could have fully prepared for. The coming crash of all global currencies is not a happenstance event. Rather, it's being very deliberately driven. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fi3GmeZe.png&t=665&c=AgXiATTlXF2nRA) Christ has returned. His name is Lord RayEl. He has designated the new world currency to become a cryptocurrency, and has authorized the release of GODcoin. Governments are hiding this information for fear of panic and instability. A full global financial reset is about to occur, which will render ALL of your assets worthless, unless you are fully vested in the new currency. GODcoin is Lord RayEl’s chosen currency because the other currencies have too many problems. Out of the thousands of new coins and utility tokens on the market today, we have yet to find one that meets the rigorous standards required for mass acceptance as a global currency. Volatility and instability, coupled with gross inefficiency, have plagued the major cryptocurrencies, and there is a great amount of confusion over how these payment systems work. GODcoin resolves all of the issues with the costly and exorbitant proof-of-work model and eliminates the need for printing money on hard materials by using a digital minting process. We will remove volatility from the equation by backing it with gold and silver. And if you've ever read a bible, then you know that the gold and silver is Christ's, so it's time to get with the program NOW before it's too late! ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FzMypKNC.jpg&t=665&c=zGjHzN0Y9XLOzw) 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 Eric Logan, @rasgriz311 https://www.youtube.com/watch?v=uB2aenLPEFUThere 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: View the history leading up to the white paper https://godcoin.gold/wp-content/uploads/2018/03/GODcoin-whitepaper-RayEl-proof.pdf View the white paper https://godcoin.gold/wp-content/uploads/2018/03/GODcoin-whitepaper.pdfAll information provided is available on the official website at https://godcoin.goldPREPARE TO INVEST WHILE YOU CAN Social https://www.facebook.com/GOD.coin.gold/https://twitter.com/GodCoinGoldhttps://plus.google.com/110351809386138038654https://www.linkedin.com/company/GodCoin/https://www.youtube.com/channel/UCRmsiytZnbMg-O_b2zBNuTghttps://vk.com/god.coin
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F9rRea9q.jpg&t=665&c=tDDuio_CLiYq6Q) GETTING STARTED Enter your email in the form above and click on "Get deposit address". If you are already registered, you will see your deposit address, otherwise continue reading. You will see your GODcoin address. Make sure these are written down or stored in your password manager! Do NOT skip the above step! Once completed, click on "Get deposit address" again. You will receive an email from contact@godcoin.gold to verify your email. Open the verification link in your email and you will see your deposit address. WE ACCEPT ETHEREUM Send Ethereum to our smart contract at 0x1071E563DEC99740AeD8acEcB12Dc228d769d565 The current rate is 0.0036 Eth to 1 GODcoin token (approximately $1). The contract is an ERC20 token and can be added to your Ethereum wallet. When adding a custom token to your wallet, ensure it is configured to use 18 decimals and GODcoin is your symbol. At present, only Bitcoin and Ethereum deposits are accepted directly. See below to arrange another form of payment. ALTERNATIVE PAYMENT OPTIONS Firstly, make sure you are registered by following the steps above, we need your public key for depositing GODcoin tokens at launch! Send us an email at contact@godcoin.gold and we'll reach back to you as soon as possible. Paypal is accepted. Bitcoin deposit addresses are tied to your email and can be deposited to multiple times. If you lose your deposit address, you can fill out the form above to retrieve the address again. Coins deposited will be converted to USD prices as of June 1st, when the 40% bonus ended. Those who invested before June 1st will receive the equivalent value in both gold and silver tokens when the blockchain launches. Coins deposited on June 1st or after will have their investment split when receiving their gold and silver tokens. Terms of service: We are not liable for any misuse or loss of funds. All coins deposited to any of the provided deposit addresses are completely non-refundable. Your email will not be released to any third parties and we will never ask you for your private keys. By using this service, you agree to the terms. Here is the link to get you started! https://godcoin.gold/ico/Check out the White Paper! https://godcoin.gold/wp-content/uploads/2018/04/GODcoin-whitepaper.pdfAlso check out our FAQ page! https://godcoin.gold/faq/![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FzMypKNC.jpg&t=665&c=zGjHzN0Y9XLOzw)
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Two weeks ago, GODcoin announced it was promoting a giveaway of $100,000 to the first 100 that respond with the best reviews, $1,000 worth of GODcoin will be issued. THIS IS YOUR LAST CHANCE! September 11th, 2018 is the CLOSING DATE of this giveaway! The CEO, Richard Ruff, stated: Some may recognize the importance of this date, I hope you act wisely and swiftly in the little time left. Don't miss out on this AMAZING opportunity. Remember when Bitcoin first came out and many thought it was absurd to invest in? Well, most of those people who were mocking it are now kicking themselves because those people who invested have their cups running over. You don't want to miss this great opportunity to prosper. GODcoin IS the future, and this opportunity is about to pass you by if you don't get involved now! This article was authored by Judith Monte, @belovebelight ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F5n68YAw.png&t=665&c=Rmi7XfANusVJaA) 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: View the history leading up to the white paper https://godcoin.gold/wp-content/uploads/2018/03/GODcoin-whitepaper.pdfv View the white paper https://godcoin.gold/wp-content/uploads/2018/03/GODcoin-whitepaper.pdfAll information provided is available on the official website at https://godcoin.goldPREPARE TO INVEST WHILE YOU CAN Social https://www.facebook.com/GOD.coin.gold/https://twitter.com/GodCoinGoldhttps://plus.google.com/110351809386138038654https://www.linkedin.com/company/GodCoin/https://www.youtube.com/channel/UCRmsiytZnbMg-O_b2zBNuTghttps://vk.com/god.coin
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Will Crypto Mining Become Obsolete? News reports have come out stating that crypto mining is phasing out and graphics card sales are proving that to be true. When bitcoin was booming, graphics cards were being bought like they were going out of style. Companies such as Nvidia and AMD were raking in higher profits with higher prices on graphics cards due to the demand. ARS Technica reported: Nvidia reported its financial results for its second fiscal quarter, which ended on July 29. The results were pretty good overall, with strong demands for Nvidia products for AI and data center applications. However, cryptocurrency-related demand has cratered. 'Our revenue outlook had anticipated cryptocurrency-specific products declining to approximately $100 million,' said Nvidia CFO Colette Kress. 'Actual crypto-specific product revenue was $18 million.' The company isn't counting on any more cryptocurrency-related sales in the future, either. 'We now expect a negligible contribution going forward,' Kress added. Nvidia CEO Jensen Huang echoed that sentiment. 'We're projecting no crypto mining going forward,' he said. The same has been reported for AMD as they have seen their sales decrease. On a good note, graphics cards will now be more reasonably priced. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FYUwCp4I.jpg&t=665&c=UXWh0YzbURFHuQ) Clearly, we can see two things happening here: Bitcoin prices have plummeted and people are pulling out Mining is declining Mining is extremely inefficient and does not even go with the Paris Agreement standards [see our article on that here]. It looks as though many people who were in it to win it has thrown in the towel as we are seeing these latest results. Although, not everyone has thrown in their towel. Others have been finding better and efficient ways to stay in it for the long haul. GODcoin is one of those amazing options on the blockchain because it will be backed by gold and silver, so it is not as volatile as bitcoin, as well as it alleviates the need to mine so frivolously. From GODcoin's white paper, here is how it will work: GODcoin will use the Proof-of-stake consensus algorithm for the minting process. This presents a couple significant advantages, transactions will be processed quickly and energy efficiency is drastically improved over the commonly used Proof-of-Work. Minters will be able to run a node on resource-constrained systems provided there is adequate disk space. Essentially put, GODcoin will altogether eliminate the need for the costly and exorbitant mining process. It seems mining is still holding on, but it will eventually become obsolete with newer and better technology. GODcoin is going to be the currency of the New Kingdom, so it will evolve to become more efficient and remain when the global economy hits rock bottom and other currencies begin to plummet. 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: https://godcoin.gold/wp-content/uploads/2018/03/GODcoin-whitepaper-RayEl-proof.pdfhttps://godcoin.gold/wp-content/uploads/2018/03/GODcoin-whitepaper.pdfAll information provided is available on the official website at https://godcoin.goldPREPARE TO INVEST WHILE YOU CAN Social https://www.facebook.com/GOD.coin.gold/https://twitter.com/GodCoinGoldhttps://plus.google.com/110351809386138038654https://www.linkedin.com/company/GodCoin/https://www.youtube.com/channel/UCRmsiytZnbMg-O_b2zBNuTghttps://vk.com/god.coin
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Announcing the New World Currency:A cryptocurrency needs to be simple, stable, and efficient, and with GODcoin, we will provide the perfect solution. Our unique proof-of-stake system eliminates the costly and exorbitant mining process which allows for faster, cheaper transactions without the immense energy consumption, and we will back GODcoin with gold and silver for added stability. See how it works in our white paper: https://godcoin.gold/whitepaperWHAT IS GODCOIN?GODcoin is the official currency of Lord RayEl. Lord RayEl is Christ, the Messiah who has returned according to the Abrahamic Religions. He has come to rule the world, and restore peace and prosperity. Lord RayEl chose a cryptocurrency as the monetary instrument of his new global order and has authorized the release of GODcoin. The world’s economy will be united under this single currency, which will be stable once it is backed by physical gold and silver. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FzMypKNC.jpg&t=665&c=zGjHzN0Y9XLOzw)
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Post updated with a +40% token offer.
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Our main post has just been updated with more information and imagery.
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You are speculating too much in the name of God. But, gold does not belong to God, but to the devil. I do not consider you a preacher. Do not abuse this. You can not refer to the divine essence of money, because it is not so.
What are we abusing exactly, Fu.Sin? If you re-read the Haggai scripture posted above, you will see whom the Gold and Silver belongs to. Haggai 2:8 "The silver is mine, and the gold is mine, declares the LORD of hosts." Without money, the people of planet Earth would probably sit around all day and just do nothing. Saying that all money is "evil", and "of the devil" is not only illogical... it's entirely inaccurate.
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Good price on the 1080TI's.
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Won't gold and silver backing trigger most of regulators in the market?
You have it written. The GODcoin block-block will contain two virtual assets with names gold and silver. These virtual assets will be supported by physical gold and silver, providing a stable market, and not an unstable market. But, the reserves of gold and silver belong to the state. How will you bear responsibility if something goes wrong?
I think if both of you review this link again, you'll see that we already address those concerns: FAQ: https://godcoin.gold/faq/
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Haggai 2:8"The silver is mine, and the gold is mine, saith the Lord of hosts!"Revelation 21:5 "Behold, I make all things new"
Revelation 3:18 "I counsel you to buy gold from me, proved by fire, that you may prosper"
The Lord declared that the gold and silver is His! He tells us to buy from Him so that we may prosper. GODcoin is here to unite the world under a single currency. Stability will be provided to the world with a currency backed by physical gold and silver now under God's rule.
What is GODcoin? GODcoin will be the perfect currency, because it is the currency of Christ. It will be the currency of His new Government, which will be established very soon, and it will eliminate all other currencies, leaving it to be the only formally accepted form of money.ICO Token Sale March 31st - April 30th, 2018 The Official ICO has now launched! There is a 40% TOKEN BONUS for all investments made during the ICO phase.
You can purchase here:
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fgodcoin.gold%2Fwp-content%2Fuploads%2F2018%2F03%2Fadobestock_177703741_600x334.png&t=665&c=RFNjnhjh6sziYg) https://godcoin.gold/ico/ The Arrival![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fgodcoin.gold%2Fwp-content%2Fuploads%2F2018%2F04%2FDescent-Video-Thumbnail-e1522959621460.png&t=665&c=vDoX0t5_fjXF-A) GODcoin Launch Video Meet the GODcoin Staff Frequently Asked Questions 1. What is GODcoin?
GODcoin is the Divinely Ordained Currency of the New World, and will be the One World Currency which will unite everyone. It will be used for the process of earning and spending, but with a different system than today.
2. Who invented GODcoin?
Ultimately, all things come from God, but this is the official coin issued through Christ's command.
3. Who endorses GODcoin?
GODcoin is the official coin of the realm for the Kingdom of Christ that is being established right now. It is endorsed by God the Heavenly Father, and issued by the Messiah.
4. Why GODcoin?
Christ is here now, and His New Kingdom is imminent. GODcoin will be the Coin of the New Realm, so this currency will soon absorb or remove all other currencies. It will mostly take the form of a digital currency (cryptocurrency), but with added stability of being backed by Gold and Silver hard assets. In short, it will be the perfect currency.
5. How will it be backed by Gold?
Christ has already declared the Gold to be His in fulfillment of Haggai 2:8. Once He assumes control over precious commodities, a permanent exchange rate will be set between GODcoin and Gold, which will stabilize the currency.
6. What makes GODcoin different?
GODcoin is not competing against any other cryptocurrency. A simple fact that separates GODcoin from the other cryptocurrencies is that it's a basic utilitarian currency, not simply an investment currency as the other cryptocurrencies are presently. Again, it will be the sole currency ordained by God, so earning and spending will soon not be allowed to occur without it.
7. Why should I buy GODcoin?
Because it's the only choice to prepare for. The Lord instructs you to buy Gold from Him, in Revelation 3:18. He says this because very soon there will be no other authorized currency in circulation, so everyone will eventually have to accept it only as a wage, just as they do with other forms of money today. However, those who wisely buy GODcoin now while it is still in the open market phase will amass greater wealth as the value of the coin increases.
8. How can I get started?
Deuteronomy 5:33 - "Walk in obedience to all that the Lord your God has commanded you, so that you may live and prosper and prolong your days in the land that you will possess."
In this initial sale, GODcoin will be available for purchase at the open market value. Once Christ takes His Throne, and He consolidates all world currencies and commodities under His authority, the Coin will then be issued as fiat, which will only be earnable as a wage, so the time to buy is now, before it is too late!
However, it is prudent that you be a follower of Christ, and be obedient to his commands, to receive this Coin and its benefits. Otherwise, the 'outer darkness' will be the only other option, where you will have to fend for yourself, or be a slave, in a savage environment. This may sound harsh, but this is biblical prophecy of outer darkness that is already shown to be forming, so the wise will walk in Christ's ways, and be obedient to his commands.
We are simply telling all inhabitants of the world to prepare, and if they're wise, to invest. As the Lord would say, "Choose wisely".
The solution to volatility is here, soon to be accepted as the New World Currency!
Official Website: https://godcoin.gold/
View the white paper:
https://godcoin.gold/wp-content/uploads/2018/03/GODcoin-whitepaper.pdf
View the history leading up to the whitepaper:
https://godcoin.gold/wp-content/uploads/2018/03/GODcoin-whitepaper-RayEl-proof.pdf
Social Media Links Facebook: https://www.facebook.com/GOD.coin.gold/ Twitter: https://twitter.com/GodCoinGold Google+: https://plus.google.com/110351809386138038654 LinkedIn: https://www.linkedin.com/company/GodCoin/ YouTube: https://www.youtube.com/channel/UCRmsiytZnbMg-O_b2zBNuTg VK: https://vk.com/god.coin Reddit: https://www.reddit.com/user/godcoingold/ Slack: Coming Soon
INVEST WHILE YOU STILL CAN!
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