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boatsie
searching PlanetScale…
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121.
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by
boatsie
6y ago
What’s forcing people to use these frameworks is compatibility with the rest of the world. It’s like an arms race where if you don’t use typescript, you can’t use the library you want because they do. And so on and so forth. It’s like wanti
122.
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boatsie
6y ago
This is most obvious in the gaming industry. Compensation for developers seems to be lower and hours longer within the gaming industry due to more demand.
123.
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by
boatsie
6y ago
But this assumes that the payroll administrator became that and liked that job in the first place.. and probably the person graduating college did not say “I want to work on payroll”, they probably said “I need to find a way to pay off my s
124.
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by
boatsie
6y ago
On Thursday, Citadel reported overall retail GME activity was 50.2% sellers and 49.8% buyers[1]. Assuming they aren’t lying about this, retail as a whole isn’t “diamond handing” and holding to the moon, just a few outspoken redditors who st
125.
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by
boatsie
6y ago
I have a similar problem with a QHD screen that I want 150% scaling. The worst part is that using the experimental scaling is it seems to consume a lot more cpu usage and thus power on my laptop.
126.
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by
boatsie
6y ago
I don’t know Vlad’s background but is it possible he doesn’t understand the exact details?
127.
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by
boatsie
6y ago
I seriously doubt it will be even a blip on their radar. In fact, I think this will be their “no such thing as bad publicity” moment and they will have massive growth. People have short memories (no pun intended) and the switching costs are
128.
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by
boatsie
6y ago
It's funny, somehow when users click "agree" to hundred page document Terms of Service, they are held to the letter of it, yet clearly and simply saying "this is not financial advice" doesn't count.
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by
boatsie
6y ago
Indeed, just like Matt Levine says everything is potentially securities fraud, everything is probably also market manipulation. Bank analysts are constantly putting out "ratings" on stocks, price targets, etc. Articles all over th
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by
boatsie
6y ago
That’s right, I misspoke. It could possibly require other funds that were tracking, say, the top 1000 stocks by market cap to buy, not ones tracking the regular index.
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boatsie
6y ago
"We have no liquidity issues. We just need more liquidity." Reminds me of "depends on what your definition of 'is' is".
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by
boatsie
6y ago
There isn't something "magical" about > 100% short interest. It should be stated a ratio to be less confusing, rather than a percentage. It just means that if there were, say 100 shares of a company, and 120 shares sold sh
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by
boatsie
6y ago
If it's all truthful, I don't understand why he doesn't just speak concretely. Eg, "For every $300 share of GME, based on the volatility, we were required to deposit $50/share as collateral. We expected 1,000,000 sh
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by
boatsie
6y ago
I think this appeals to the audience here because a retail driven short squeeze is really a clever finance “hack” that’s not been seen before. Throw in Reddit and gaming and you have a pretty interesting story.
135.
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by
boatsie
6y ago
Still no clarification on what “limited access” actually means. Existing users can buy? 1 share/ person? It’s one thing to not be transparent about your company’s finances but another to be vague about what, exactly, your users can and
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boatsie
6y ago
But he didn’t really answer the question concretely. He was worried about the firm being able to handle required deposits, but it’s not a liquidity problem?
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by
boatsie
6y ago
Why is Reuter’s doxxing this guy? It says he declined an interview, what benefit is there to outing him? He came into a lot of money and should now be more worried for his safety, this seems very irresponsible by Reuters.
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by
boatsie
6y ago
How are users on wsb openly discussing GME any different than huge banks with analysts saying “we rate GME as a strong buy”? Also, look at some of these hedge funds and their leverage—-a $3B fund with 10x leverage is going to be able to “m
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by
boatsie
6y ago
Say you went to a restaurant on a day when their lettuce had salmonella and a bunch of people got sick and angry and then left 1* reviews on Yelp. Would you take them all down for the same reason?
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boatsie
6y ago
If this were the core issue, they should have disabled new account creation or funding, right? Why could I open an account and buy Google stock, as it would also technically be on margin.
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boatsie
6y ago
Exactly, “wall st” as a whole is making bank off this volatility, as well as Blackrock and Fidelity finds. The real way to actually stick it to wall st would be if all of main st sold all their equities..
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boatsie
6y ago
Google will moderate/filter out the reviews. And then maybe the mob will go after Google and we will really see if David can harm Goliath.
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by
boatsie
6y ago
Google, Facebook, Twitter, Amazon, PayPal, etc can fully close your account for “reasons” and people get outraged but there ends up being no consequences. Unfortunately I see the same happening here. It is sad but true.
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by
boatsie
6y ago
Robinhood is in a tough position. Retail is going crazy for the stock because it seems like everyone else is, and is clearly not based on fundamentals. But what can Robinhood do? It’s possible the huge institutional shareholders have sold o
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by
boatsie
6y ago
Volume for the day is currently at 134m. Even at $80 average trade price, that is over $10 billion worth traded today. Average volume was 20 million for a whole day, and at $20 was about $400m trading hands. Do the wsb retail investors rea
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by
boatsie
6y ago
I’ve been following this for a few months and it’s really interesting to me that retail investors could actually have this sort of influence on a non penny stock. Given the high volume of trading, it doesn’t seem like there would be enough
147.
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by
boatsie
6y ago
The numbers for obesity in the US and even the world are shocking, and it feels like we are doing almost nothing. Even if you believe we aren’t doing enough to combat COVID, we seem to be doing much less to battle the obesity epidemic.
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by
boatsie
6y ago
I think a good way to ensure repairability is to require manufacturers to honor a relatively long warranty. For example many large appliances have 1 year warranties. After that you have to pay to repair (which is often 25-50% of the cost of
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by
boatsie
6y ago
That will possibly be demotivating, yes. However now that the habit has stuck with me and progress is more like weekly, I have integrated it into my identity. As in, I am the guy who always goes to the gym on these days and does these exerc
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by
boatsie
6y ago
I went from pretty much never exercising in my life until I was 37 years old to working out 3 times/week missing only about 10 workouts in 3 years. I was completely sedentary, never played a competitive sport, was last place in my high
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