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Top 100 Crypto beging dump and put in to (DGD) by godofbit

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· @godofbit · (edited)
$4.81
Top 100 Crypto beging dump and put in to (DGD)
Hello Steemit community im back with another cryptocurrency update. This time to my surprise the top 100 coins are all down dubble digits even Steem yes i said Steem i cant believe it myself but its ture. Only one coin is in the green and up 22%today lets get back to that a little later in this post. All photos are from coinmarketcap.com

![Screenshot_2018-02-01-22-38-54.jpg](https://steemitimages.com/DQmYXPJxjBV5CVW4SWfcZy4PeKjZ7nQj7f64N6ZB5ZLGEoP/Screenshot_2018-02-01-22-38-54.jpg)


  Its just crazy in the market today, what is going on with are so beloved crypto. Has the bubble popped is it all over did we milk the cow dry? Crypto can be very frustrating at times, just when you think its about time to go back to the moon it seems like we ran out of rocket fuel and we're falling back down to the earth. But i have no doubt in my mind we will touch back down refuel and blast off again to even more highs. Its just a matter of time, its all a waiting game no need to panic! 


![Screenshot_2018-02-01-22-41-43.jpg](https://steemitimages.com/DQmWA6UphzzdVfHp8TBrW7TaSybJs21nVXArLwFrsWxaNY1/Screenshot_2018-02-01-22-41-43.jpg)


   As you can see in the pictures thats exactly what people are doing they are panicking and selling we call this Panic sellers. There is no need for this if you just follow the rules of buying low selling high and knowing the time to hold then you'll be just fine. The name of the game us crypto investers are playing is patience its a long and boring game but the tortoise always wins the race. If you panic sell right now then i can promise you your losing money and thats not good for you or the community. Just hold your coins they will go back up bitcoin has been through this over a hundred times already. Its nothing new and it happens from time to time! 


![Screenshot_2018-02-01-22-43-59.jpg](https://steemitimages.com/DQmThj3yCnvg2sg3F165xk9kAZSqB4sMrxGkKwVzhEFXJN9/Screenshot_2018-02-01-22-43-59.jpg) 


  I would say what brought this crashing on to the market was a few things. One of the things that made this happen to the crypto market was coinbase fees, coinbase announced i believe yesterday that they are going to start putting a sort of tax fee on buying bitcoin with your credit card/debit cards not to mention you also have to fill your taxes on cryptocurrency before mid April plus the sending fees are out of control. Everybody knows they did a insider trade on bitcoin cash in December. At one moment i seen bitcoin cash up to 8k on coinbase before your account froze and you could sell, the price drop back down to 2k. Coinbase is conbase if you ask me. 

 The second thing that brought this on to the market was Facebook banning all crypot related ads off of the site. Facebook is the bigest and most viewed site on a daily basis on the plante. Do you know how many people was seeing those ads every day in the ten millions up to a hundred million every single day. Facbook knew exactly what they were doing no doubt  about that. They said its to risky and we dont want to be apart of it yeah right thats bull crap

 The third thing was mining difficulty went up again so its getting even harder to make a profit, unless you have a mining rig with 6 or up 1070i that cost around 5k to start with then youll never make your investment back. Also lets not forget about the panic sellers all over the world, scared that they are losing money so they sell everything and make the market go even crazier. There are a few more reason why this happens to the markrt also like the profit takers and the fools that send crypto to the wrong wallet by mistake.


![Screenshot_2018-02-01-22-47-39.jpg](https://steemitimages.com/DQmQ5kgC86CgNfbVqmvDPhEoSWgKGHqfbwqWRqoiQAfcTzW/Screenshot_2018-02-01-22-47-39.jpg)

 Just dont sell in my eyes hold hold hold. Crypto can and is changing everything we know about the money crisis we dont have to live with the banks anymore all they do is steal are money put us in more debt and then get a bell out my the governments all over there world. People need to see the true possibilities that crypto can bring to the world and not just the get rich quick scheme behide it. The blockchain technology that started it all is doing amazing things and will only get better over time just like the older the berry the sweeter the juice. Look at crypto for what it stands for" freedom" and not just the money asset. Yes its new money yes its future money but lets not just treat it as that anymore and lets treat it as value of are freedom from the corrupt Society that we live in and break out of these chains they got us wrap up in. 


![Screenshot_2018-02-01-22-52-50.jpg](https://steemitimages.com/DQmaBaAA8hAp2jKXbS76iX6Uvq7GTPCuNGDSzzLWashwxx8/Screenshot_2018-02-01-22-52-50.jpg)


  Ok now for the only crypto to go up double digits. I think i found a nice portion of the money that has been pulled out of the other coins and put into DigixDAO. DigixDAO is a crpto that works with Ethereum. It is a coin that has physical material attached to it. So its stable store value, one DGX gold is equal to one gram of gold. The gold is traceable, immutable and exist indefinitely. So this means you can own save transtact gold in tokenised in form keeping secure private ownership of your digital asset. Its the marketplace for gold bullion 99.99% pure gold from LBMA approved refiners. This might just be the way to go idk ill look into it deeper. Sounds nice i love gold and almost every human. Gold will always have value because of its unique  molecule structure and its love by us humans for jewelry.

  If you thought this post was helpful then upvote it-if you enjoyed it then resteem it for me please and dont forget to follow me for more information and for my lovely husky dog if your into that also check out my blog @godofbit thank you for your time 

![Screenshot_2018-02-01-22-55-15.jpg](https://steemitimages.com/DQmcbRmSRUgeuMYSC5gZMvbdKo1JEsJKEasQxKYK4DzZHPU/Screenshot_2018-02-01-22-55-15.jpg)
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vote details (38)
@freemoceanisnow · (edited)
Interesting thank you. I was fortunate enough to sell half my DGD for a great price and have that money available to go shopping and average down on my most underwater positions. not very often I have seen such an opportunity. I also bought more KCS and STEEM, both of which pay me a little everyday.
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@jerrybanfield ·
re-godofbit-top-100-crypto-beging-dump-and-put-in-to-dgd-20180202t073135322z
Thank you godofbit for making a transfer to me for an upvote of 3.06% on this post! 

Half of your bid goes to @budgets which [funds growth projects for Steem](https://steemit.com/budget/@jerrybanfield/introducing-steem-budget-proposals) like [our top 25 posts on Steem](https://steemit.com/budget/@jerrybanfield/the-top-25-steem-posts)!

The other half [helps holders of Steem power earn about 60% APR](https://steemit.com/budget/@jerrybanfield/new-automatic-daily-payouts-of-60-apr-for-steem-power-delegations) on a delegation to me!

For help, will you please visit [https://jerrybanfield.com/contact/](https://jerrybanfield.com/contact/) because I check my discord server daily?  

To learn more about Steem, will you please use [http://steem.guide/](http//steem.guide) because this URL forwards to my most recently updated complete Steem tutorial?
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@kil ·
Thank you for the info and sharing..
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@godofbit ·
Your welcome and if you think it will help people can you upvote it or resteem it its totally up to you have a great weekend
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@kil ·
Thank s
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@morningtundra ·
The Dow dropped 2.5% on Friday. It’s not just the crypto market. There is a flight to safety... have you looked the the price of precious metals?
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@paradigmprospect ·
Was wonderign what that coin is about but I haven't dug deeper either. Magically speaking, the DAO is a very nice addition as Mantra to be put into the name. Will look deeper, cheers for your overview
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@seakraken ·
re-godofbit-top-100-crypto-beging-dump-and-put-in-to-dgd-20180203t193334179z
Release the Kraken! You got a 7.78% upvote from @seakraken courtesy of @godofbit!
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@steemvote ·
This post was resteemed by @steemvote and received a 49.59% Upvote
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