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Bullboard - Stock Discussion Forum Endeavour Mining plc T.EDV

Alternate Symbol(s):  EDVMF

Endeavour Mining plc is a United Kingdom-based senior gold producer with operating assets across Senegal, Cote d’Ivoire and Burkina Faso. The Company has a portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa. It operates mines that include Hounde Mine, Ity Mine, Mana Mine and Sabodala-Massawa Mine. The Hounde... see more

TSX:EDV - Post Discussion

Endeavour Mining plc > Cryptos vs gold
View:
Post by marben100 on May 19, 2021 10:15am

Cryptos vs gold

Looks like all those folks who thought that cryptocurrencies might be good alternative store of value to gold are being taught a lesson in relative volatility today.

Gold simply does not fall by 20% in a single day.
Comment by marben100 on May 19, 2021 10:18am
Correction: I see that Bitcoin fell by 20% in AN HOUR.
Comment by mercedesman on May 19, 2021 5:17pm
Ethereum lost closer to 40% (at one point during the day) So much for Crypto's being a reliable store of value (an essential in order to act as money)
Comment by RONNIE111 on May 19, 2021 7:17pm
I said awhile ago that with what China was doing, leading the world for sure, with digital currency, that it wouldn't be long before they removed Bitcoin, and the baby sisters, from China.  Other countries like India, Turkey, Nigeria, and probably others have indicated they  will follow.  Soon the 'Coins'  will be a minor gambling device in a few western countries.& ...more  
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