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Bullboard - Stock Discussion Forum Alamos Gold Inc T.AGI

Alternate Symbol(s):  AGI

Alamos Gold Inc. is an intermediate gold producer with diversified production from three operations in North America. This includes the Young-Davidson mine and Island Gold District in northern Ontario, Canada, and the Mulatos District in Sonora State, Mexico. Also, it has a portfolio of growth projects, including the Phase 3+ Expansion at Island Gold, and the Lynn Lake project in Manitoba... see more

TSX:AGI - Post Discussion

Alamos Gold Inc > When we analyze crypto coin's advantages or no,
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Post by Dragonflyinvest on Dec 08, 2024 8:33am

When we analyze crypto coin's advantages or no,

 we miss the point of what is happening in that "market".  Rampant speculation, in fact, from the public’s POV that is its main purpose.  How many articles or news briefs lately have analyzed how crypto has benefited it owners, except for the multitude of reports of its price and appreciation, or its potential for vast future profits.

We know this “asset bubble” beast, we’ve seen it before and how violently it reacts when enthusiasm cools.  If you thought the “Housing Bubble” was bad, there was still a house that existed in time and space that was worth something.  When crypto blows, people are going to wonder what if anything they own.
Comment by okgonow on Dec 08, 2024 7:50pm
  exactly my point investing in 1 ns and 0rows with no underlying value  again only crated to bypass traditional forms to pay for something and never intended as an " investment " that appreciates in value as it holds absolutely no intrinsic value like a company commodity etc. The closest thing I can think of is the dotcom bubble people throwing their money into ...more  
Comment by Dragonflyinvest on Dec 10, 2024 4:36pm
"my point investing in 1 ns and 0rows with no underlying value"   The ephemeral nature of nothing but information is perhaps less important to the average crypto coin buyer.  What is equally vaporous is the motive of the speculator which is based entirely upon public sentiment and market psychology.  Lose either, and crypto will burn down.  With the increase in ...more  
Comment by tootall123 on Dec 10, 2024 6:49pm
The FBI's latest cryptocurrency fraud report shows a staggering $5.6 billion in cryptocurrency losses in 2023, a 45% jump from 2022. Investment frauds drove this increase, particularly through fake apps and schemes like "pig butchering.”Sep 13, 2024
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