nrmitchi

48 ms·

541.
by nrmitchi 6y ago
> it'd be worth it to airlift diesel generators across the country to make up the shortfall. Hell, you can probably fly in temp workers from europe/asia to do the necessary fixes. This event lasted 3 days. You think these priva
542.
by nrmitchi 6y ago
The customer debt from this can be sold off, but you might be lucky to get a penny-on-the-dollar for it.
543.
by nrmitchi 6y ago
I believe there is an exception to price gouging laws if the cost of producing the direct item/product/service is impacted. In this case Griddy's cost went way up as well, which makes them not-clearly-in-the-wrong. For the po
544.
by nrmitchi 6y ago
That's an interesting point actually. For one, I suspect that ERCOT wouldn't allow a new company with this model access to the grid immediately, at least until this blows over a bit. But regarding "thousands in debts"; I
545.
by nrmitchi 6y ago
> On February 15, during the power crisis, the state's Public Utility Commission required ERCOT to set the price to the $9,000 maximum. Which part do you think they're mis-reading?
546.
by nrmitchi 6y ago
> That would have prevented all the negative publicity. Naw, it would have just shifted it to "Electricity Company cuts power to customers during Deadly Cold"
547.
by nrmitchi 6y ago
The price ceiling is/was always set, it wasn't created in the middle of last week. Pinning the price to the maximum as a last-ditch effort to try to force producers online is what they did last week.
548.
by nrmitchi 6y ago
Or people who knowingly, and flexibly, use a large amount of power.
549.
by nrmitchi 6y ago
I assume you're being sarcastic, but if not, that "insurance product" is "use a fixed-rate pricing provider", like pretty much everyone in the state.
550.
by nrmitchi 6y ago
This sounds sort of like an exchange fund, which are typically used to people who are extremely concentrated in a single stock/position and want some diversification without selling.
551.
by nrmitchi 6y ago
I'm pretty sure that taxation is the way to collect and "recapture" those printed dollars. They were printed in order to be spent and "stimulate" the economy, not make already rich people look richer on paper.
552.
by nrmitchi 6y ago
I'll just say that SQLAlchemy can also be used effectively as just a query builder in places that you need it.
553.
by nrmitchi 6y ago
> doesn't hate you for liking SQL This, just 100% this. I'm not a major fan of SQL or anything, however I get very hesitant to use any ORM that tries to imply that you don't need to understand how SQL or the underlying dat
554.
by nrmitchi 6y ago
> claimed to shut down I would guess that there is an ~0% chance any bitcoin mining operation, who's main cost is power, is still operating with power prices as astromonically high as they currently are.
555.
by nrmitchi 6y ago
> just a result of certain design/engineering choices I think this is the point. Things are engineered for the environment which they are expected to operate, and to be optimized for those environments[0]. I would not expect a wind
556.
by nrmitchi 6y ago
I suspect the person you're responding to is using the featured link (real-time conditions) and looking at the diff between system capacity and current demand, which doesn't match the current operating reserves on the ercot homepa
557.
by nrmitchi 6y ago
I mean, they have to be scheduled in advance to avoid even the implication of trading based on non-public information. I would find it hard to believe an accusation of "insider trading" if an GameStop officer sold a bunch of stock
558.
by nrmitchi 6y ago
Tip, if you happen to be using datadog, make sure datadog agent logs are disabled from being ingested into datadog. If you can disable them at the agent level and avoid the data out that would be even better. At a previous employer the defa
559.
by nrmitchi 6y ago
I disagree that these "superior" rules are really hidden at all, and need exposing. These are basic assumptions that anyone can make if they spec 5 seconds using common sense. Why do you think that the SEC, Fed, and all aspects of
560.
by nrmitchi 6y ago
I think you're sort of mis-understanding one of the main purposes of a hedge fund (at least historically); they are often meant to obtain returns that are un-correlated with the overall market. Just dumping all of the funds into the ma
561.
by nrmitchi 6y ago
That is quite literally a different argument. The argument being made is that the original funds never exited their original ~$10 shorts. So every $100 increase in stock price is a 10x increase in losses. If someone re-entered at ~$300, a $
562.
by nrmitchi 6y ago
> only feasible end game is if WSB makes Gamestop the most valuable company in the world and criples the global financial system. Is it possible? Sure, lots of things are possible... I wouldn't bet on them Another good reason to ass
563.
by nrmitchi 6y ago
> I am not a financial advisor and this is not financial advice. Okay as soon as I read this I knew I shouldn't be expecting much, but... > My understanding of your belief is that you think Melvin would not lie due to there being
564.
by nrmitchi 6y ago
Many production-hosting solutions offer similar functionality, but the catch is that they only really work if you're already using that system. If you're already deploying on Vercel, then you likely just want to use Vercel'
565.
by nrmitchi 6y ago
Honestly, I've only skimmed the article, but this comment rubbed me the wrong way right off the bat. The article (discussing use of Kafka) doesn't seem to have any direct relation to WeWork's failure. There is a lot that you
566.
by nrmitchi 6y ago
For what it's worth, there seems to be a link in their docs to downgrade to a "Cash" account. But with that you lose pretty much all the functionality (instant transfers, instant settlements, etc) that makes Robinhood any bet
567.
by nrmitchi 6y ago
So much of Robinhood's product is built on the facade of a margin-account-not-being-a-margin-account that that would be impractical. Doing so would have likely pissed people of more. "New sign up to Robinhood? Just started a trans
568.
by nrmitchi 6y ago
I agree with everything you said. Just want to add one more point: > Reddit can't keep the stock high forever with a never-ending stream of buyers If keeping the price high is dependent on a never-ending stream of new buyers, you&#x
569.
by nrmitchi 6y ago
Honestly, as someone who writes software, my first guess is that "per user rate limiting of new, unsettled individual security positions" is most likely not something that was built in to their product. It's also not someth
570.
by nrmitchi 6y ago
> is not market manipulation so long as you believe what you are telling them. I believe there is also thought that this concept could get some people in trouble. There are a fair number of "sounds right but actually aren't&quo

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