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SpaceX punched a hole in the ionosphere

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171–180 of 231 posts

Re: SpaceX punched a hole in the ionosphere

#171
post #7

Starlink plans to deploy 12,000 - 42,000 satellites. What if two competitors want to do the same? Can the low earth orbit handle 150,000 satellites that turn into space debris at some point?

China is already planning something similar: https://www.wsj.com/articles/china-seeks-to-counter-musks-st...

Re: SpaceX punched a hole in the ionosphere

#172
post #118

Earlier quoted context omitted.

The space industrial complex would pollute a whole lot more than today, and let’s hope space tourism it’s not something too feasible, aside from stroking egos it wouldn’t do much, space is very human unfriendly after all. I for one hope we move slower not faster.

It’s not just stroking egos; if you read any accounts by astronauts, there’s a profound effect on people that get a chance to look back at earth, and see how it’s actually not infinite. I hope every powerful person gets the chance to do that, I think it’d go a long way in reducing the petty bullshit we engage in.

Stroking egos is all that that would do.

It seems that most of our most powerful leaders (so-called) are sociopaths or psychopaths.[1] Are people who are pathologically incapable of basic empathy and compassion going to be moved by a joyride to watch the Big Blue Ball? I wouldn’t hold my breath.

[1] https://www.youtube.com/watch?v=3eBN_9rMoVI

Re: SpaceX punched a hole in the ionosphere

#173
post #19

Earlier quoted context omitted.

What about high frequency trading shops?

They should be banned anyway. The more we can do to make their operations impossible the better. Their mere existence makes a mockery of the idea of the stock market as a considered reflection of value of companies and explicitly makes it into a gambling den for dead-eyed people competing to have the fastest card counting systems under their suits. If a company is valuable now, it'll be valuable in 5 minutes.

HFTs provide a lot of value to everyone by providing a lot of liquidity and reducing bid/ask spread giving a fairer price to everyone.

> If a company is valuable now, it'll be valuable in 5 minutes.

That’s not necessarily true.

Re: SpaceX punched a hole in the ionosphere

#174
post #25
post #19

Earlier quoted context omitted.

What about high frequency trading shops?

That is completely different definition of HF. And if they use radio (lower latency than fiber, in theory and in right circumstances ), it is somewhere between SHF and EHF (C through V in the IEEE nomenclature), ie. what sane person would informally call “microwave”, not HF.

100% wrong.

Re: SpaceX punched a hole in the ionosphere

#175
post #69

Earlier quoted context omitted.

Yes that's right, also known as shortwave radio. https://spectrum.ieee.org/amp/wall-street-tries-shortwave-ra...

Well, the article itself does a pretty good job of describing why it is not an exactly good idea. What it does not say (and what probably nobody suggesting that ever though about) is that the sky-wave propagation mode is either about reflection off the ionosphere or refraction effects of the ionosphere, both of which means that the propagation path is significantly longer and in the refraction case over “slower” medi…

Obviously you know more than HFTs which never put thought or engineering into anything. They’re well known dopes who are really bad with technology and money, right?

Re: SpaceX punched a hole in the ionosphere

#176

Earlier quoted context omitted.

They should be banned anyway. The more we can do to make their operations impossible the better. Their mere existence makes a mockery of the idea of the stock market as a considered reflection of value of companies and explicitly makes it into a gambling den for dead-eyed people competing to have the fastest card counting systems under their suits. If a company is valuable now, it'll be valuable in 5 minutes.

HFTs provide a lot of value to everyone by providing a lot of liquidity and reducing bid/ask spread giving a fairer price to everyone. > If a company is valuable now, it'll be valuable in 5 minutes. That’s not necessarily true.

It just so happens that those who advocate and benefit directly from it are the ones who already have the power to make markets. The product of a company is based on its labor utilization, which doesn't change materially in the (very) short timespans of HFT. Liquidity aside, five minutes isn't going to make much of a difference when most people generally wait weeks or months to make major asset purchases like a car or a house, or to be approved for a small business loan. Only the ultra-wealthy car about milliseconds, because they can afford to make such vast and diverse trades in so little time.

Re: SpaceX punched a hole in the ionosphere

#177

Earlier quoted context omitted.

HFTs provide a lot of value to everyone by providing a lot of liquidity and reducing bid/ask spread giving a fairer price to everyone. > If a company is valuable now, it'll be valuable in 5 minutes. That’s not necessarily true.

It just so happens that those who advocate and benefit directly from it are the ones who already have the power to make markets. The product of a company is based on its labor utilization, which doesn't change materially in the (very) short timespans of HFT. Liquidity aside, five minutes isn't going to make much of a difference when most people generally wait weeks or months to make major asset purchases like a car o…

Labor utilization is only one piece of a very big puzzle. Other pieces that change more quickly include commodity and supply chain costs, competitor activities, technological advances, and many other factors, all of which can change quite quickly in our globalized world.

Re: SpaceX punched a hole in the ionosphere

#178
post #140

Earlier quoted context omitted.

The needs of the many outweigh the needs of the few. Glad to hear it! Because I know a large family that doesn't have a computer. I'll send you their address so you can mail them yours!

These families surely own a smartphone? You know the powerful computer in your pocket you potentially used to browse this website.

These families surely own a smartphone? You know the powerful computer in your pocket you potentially used to browse this website.

You think that all government, education, banking, employment, and healthcare web sites work on phones or have apps? That's adorable!

Re: SpaceX punched a hole in the ionosphere

#179

Earlier quoted context omitted.

They should be banned anyway. The more we can do to make their operations impossible the better. Their mere existence makes a mockery of the idea of the stock market as a considered reflection of value of companies and explicitly makes it into a gambling den for dead-eyed people competing to have the fastest card counting systems under their suits. If a company is valuable now, it'll be valuable in 5 minutes.

HFTs provide a lot of value to everyone by providing a lot of liquidity and reducing bid/ask spread giving a fairer price to everyone. > If a company is valuable now, it'll be valuable in 5 minutes. That’s not necessarily true.

>>HFTs provide a lot of value to everyone

I think we are going to have very different views as to what the terms "value" and "everyone" mean

because HFT's provide no value at all to the everyday person on mainstreet just looking get by and maybe put 10% of their wages into the stock market for retirement.

if by everyone you mean "the top 1%" and by value you mean "make lots of money at the expense of mainstreet investors" then sure.

Re: SpaceX punched a hole in the ionosphere

#180

Earlier quoted context omitted.

They should be banned anyway. The more we can do to make their operations impossible the better. Their mere existence makes a mockery of the idea of the stock market as a considered reflection of value of companies and explicitly makes it into a gambling den for dead-eyed people competing to have the fastest card counting systems under their suits. If a company is valuable now, it'll be valuable in 5 minutes.

HFTs provide a lot of value to everyone by providing a lot of liquidity and reducing bid/ask spread giving a fairer price to everyone. > If a company is valuable now, it'll be valuable in 5 minutes. That’s not necessarily true.

I'd wager that without hfts liquidity would be just fine. Maybe smaller stocks wouldn't become the battleground for hft algos, but aside from that they're mostly penny skimming vultures that create the illusion of liquidity as they hop in and out of stuff at fractions of a second.
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