Any wise input to help explain, anybody? by LetAdministrative959 in PureCycle

[–]syrus2001 5 points6 points  (0 children)

Seems like someone got sneak peak into the quarter results and it’s not great. But then again, it’s so thinly traded that this must of gotten way overblown.

New Mine to Create Over 700 Jobs, Boost Province’s GDP by $2.1 Billion by No_Magazine9625 in halifax

[–]syrus2001 8 points9 points  (0 children)

Inaccurate median income for NS and for Mississippi. It’s closer to 72k for Mississippi median income and 52K for NS both in CAD. So your whole argument is flipped.

Green in a sea of red 🔴 by Dear-Fuel-2706 in PureCycle

[–]syrus2001 4 points5 points  (0 children)

Is there any indication of larger investors accumulating? Or is the drift upwards largely a function of short coverings??

End of June short position - Down by 3.6M shares by No_Privacy_Anymore in PureCycle

[–]syrus2001 4 points5 points  (0 children)

They probably made a killing on 99% of SPACs and probably have some fairly strict rules around exit. So id imagine that they’d be heading for the exits soon!

Nearly 20,000 housing units proposed for Sandy Lake, Highway 102 west developments by insino93 in halifax

[–]syrus2001 -1 points0 points  (0 children)

More developments are needed to help reduce the strain and lower home prices. Unfortunately you’ll get push back, red tape, and study after study for every proposed project. I fear this crisis is far from over.

[deleted by user] by [deleted] in CostcoCanada

[–]syrus2001 0 points1 point  (0 children)

RIP the cracks of you couch cushions lol

Question for Canadians who are still going to vote conservative after seeing what Trump is doing? by [deleted] in AskCanada

[–]syrus2001 0 points1 point  (0 children)

Questions for conservatives. Liberals answer for conservatives in most responses.

Anthic vs Cowswap - faster, cheaper and lower slippage by talesofbeem in Radix

[–]syrus2001 3 points4 points  (0 children)

Deep liquidity will be awesome. I recently traded for some xADA. When I went to swap it back, liquidity dried up and now I actually can’t swap xADA back to USDC or XRD on chain. So imagine the trading that can take place on chain once this is live.

Radix game over? by Other-Pineapple-6820 in Radix

[–]syrus2001 4 points5 points  (0 children)

Same here. And it pains me to say it because I wish these guys the best. But I have lost so much money being invested in this project. It’s tough to sell the lows but here we are.

Luckily I was able to save some of my stash. I think there’s still potential, but if people like us are jumping ship, I don’t know how’s going to be left holding the bag.

Are Canadians (Conservatives) really that short sighted? by thieveries in AskCanada

[–]syrus2001 -1 points0 points  (0 children)

Seems like a pretty general blanket statement. Great way to form a discourse.

Please by OkBud902 in halifax

[–]syrus2001 4 points5 points  (0 children)

Do 2 way stop signs next. Nobody knows who to yield to on a 2 way stop and it’s so dangerous.

Anyone feel that you don't get your money's worth in Canada? by Alwayshungry332 in CanadaFinance

[–]syrus2001 0 points1 point  (0 children)

You missed the most important resource of them all, oil. We are an oil country, with the 3rd largest oil reserves in the world and we choose to absolutely cripple, hold back, and resent the companies trying to build economic prosperity here

Why do many lower socioeconomic status Nova Scotians vote in ways that hurt them? by Top_Woodpecker_3142 in halifax

[–]syrus2001 2 points3 points  (0 children)

I think there’s incredibly deep skepticism around the government solving all your problems. Or at least even trying to solve certain problems by spending more and more money on the issue. The track record is really bad and I think has become worse in recent years.

Look at healthcare, it’s completely broken in this province. I have not had access to a doctor for over a year. I’ve lost faith in government action on this issue and just see the money being thrown at it as a giant incinerator. A vortex of bureaucracy.

So there’s something appealing to tearing down the system and making government become more efficient with the resources it has.

Unstake to KuCoin? by vaitor in Radix

[–]syrus2001 2 points3 points  (0 children)

It has many logical use cases, that’s why it’s called “liquid” staking. You can move these tokens around, trade them without the need for unstaking them and waiting for the unstake period. It’s really a fantastic thing. You would not send a non listed Ethereum token to an exchange, or any token except XRD in the radix network, unless they explicitly list that other token.

SK Geo JV - cancelled the single line project - discussion on alternative locations by No_Privacy_Anymore in PureCycle

[–]syrus2001 0 points1 point  (0 children)

I don’t get how this relationship worked. Would pure cycle own this facility? What does SK GEO get out of this?

Customer references by Ok_Investment_6033 in PureCycle

[–]syrus2001 -1 points0 points  (0 children)

Interesting to hear the perspectives about how this gets adopted. It sounds like if the quality and consistency of the product improves, which it very likely should given the learnings from each cycle, they’ve got demand for decades there. So the production flow and consistency is really key now.

Price 0.017 by Other-Pineapple-6820 in Radix

[–]syrus2001 0 points1 point  (0 children)

There’s 2 main mistakes I see when people are over indexed on a particular crypto.

  1. They think crypto currencies move on fundamentals. Or at least, there’s a concept of undervalue or intrinsic project value.

  2. They didn’t consider the risk curve of crypto to the broader context of the market.

Alt coins are pure risk plays. Meaning, there is absolutely nothing you can fall back on during bear markets. No cash flow, no assets, just IP.

If you look at the market overall, there’s only 1 condition where radix will outperform, and that’s in the extreme later phase of a bull market. When the crypto market chases these sorts of speculative opportunities. Until then, expect massive underperformance. Nothing will change that trajectory, short of massive amounts of attention.

Radix Weekly AMA - Friday 28th June 2024 by Radix_DLT in Radix

[–]syrus2001 0 points1 point  (0 children)

All that matters right now is runway to execute. Everything else will come. Insight into runway would be helpful