Earlier quoted context omitted.
Why not? Gaming/hardware is a massive industry. They have enough brand recognition to take a slice of it if they make the right moves.
They don't have a moat. What can they do that Best Buy can't?
u/DeepFuckingValue and the GameStop Reddit mania
541–550 of 554 posts
Re: u/DeepFuckingValue and the GameStop Reddit mania
#542Earlier quoted context omitted.
The short version: Freenet has better anonoyminity properties than tor/i2p at the cost of scaling poorly and only supporting static documents instead of interactive (tcp) servers. Think of freenet as anonoymous Gnutella
> scaling poorly Source? It's become satisfyingly fast for me over the past years. > only supporting static documents instead of interactive (tcp) servers. You can develop dynamic services on Freenet just fine. It is just done in a different fashion technically: Instead of hosting the software on a server, and running scripts on the clients' web browser, there is no server/client model. It's true peer-to-peer: Every…
>Source?
>It's become satisfyingly fast for me over the past years.
My understanding is that freenet (At best) scales logarithmically where Tor scales mostly constantly. Scalability and (current) speed are not the same thing. However saying poorly was probably unfair, I should have said is less scalable than Tor is.
> You can develop dynamic services on Freenet just fine. > [...]
What you're describing is how I would define a static page (plus client side scripting). Which works fine in many use cases. But you can't ssh into some server over freenet, or plop your php site from the world wide web unchanged, on to freenet. You can do these things with Tor, along with (at least in principle) all the "true p2p" things you mentioned you can do with freenet (Obviously in the Tor case you need to have your server always going and have sufficient capacity). That's why I would describe Tor as more flexible in terms of the things you can "host" (for lack of a better word). But the flexibility comes at a cost, and in exchange for being less flexible, freenet has a lot of interesting properties that tor does not have.
Re: u/DeepFuckingValue and the GameStop Reddit mania
#543Earlier quoted context omitted.
The properties of Freenet you describe are extremely intriguing. However, I'm asking about your description of Tor and I2P >However as they're both communication networks they do not provide censorship-resistance. The endpoints you're connecting to are central servers and can be taken down. This is technically incoherent, and I'm not sure what you mean by it. As far as I'm aware, at no point does your TCP traffic fro…
I think they meant servers as in the machine hosting the content you are acessing, such as the machine that hosts HN. Not that every connection goes through a central server, but your content is hosted on a central server, as opposed to FreeNet where your content is distributed and so can't be taken down like a server can.
Re: u/DeepFuckingValue and the GameStop Reddit mania
#544Earlier quoted context omitted.
Kinda funny small-world stuff that Justin Frankel (Winamp + Gnutella) went onto AOL/TimeWarner and got into a feud with an exec he wrote a passive-aggressive blog post about without naming him. The exec was Chamath Palihapitiya. Justin was and always will be a legend - he wrote an AOL Messsenger ad blocker and mp3 search plugin _while working at AOL_
is there a link to the blog post? of Justin writing about unnamed exec
Re: u/DeepFuckingValue and the GameStop Reddit mania
#545Earlier quoted context omitted.
To be honest, this is kind of the problem I have to stock investing as a whole. It sounds great to "invest on the fundamentals", but there doesn't appear to be a way for the average person to even comprehend what "the fundamentals" even are. But there has to be at least one fundamental: If the company goes bankrupt, the stock is worth nothing. Gamestop is most certainly going to go bankrupt eventually. Their business…
A trivial (not necessarily smart or optimal, but possible) way for GameStop to avoid that eventuality is to liquidate; close down the business and sell off all the assets - that wouldn't be a bankruptcy, they have more than enough cash and assets to cover their debts, so they would have a nonzero amount of cash left over to distribute to the shareholders. In essence, you're correct that if the company goes bankrupt,…
Re: u/DeepFuckingValue and the GameStop Reddit mania
#546Earlier quoted context omitted.
> I hate letting my money sit in an account while smart kids can't afford college If you know of a smart kid that can't afford to go to college, you could make them a reasonable interest loan and it would be a win for both of you.
There's a YC idea there somewhere. Especially when a lot of family offices are looking at wealth preservation over volatility.
Re: u/DeepFuckingValue and the GameStop Reddit mania
#547Re: u/DeepFuckingValue and the GameStop Reddit mania
#548Earlier quoted context omitted.
How is that, it means (within the statement made)the stock is lent multiple times if a stock can be lent multiple times then that’s no different from a naked no borrowing short b) if it lent to multiple people it’s owned by none
No. Naked short would be when I sell without borrowing hoping that the stock will drop sufficiently (or new shares will be available for borrowing) that by the time settlement occurs (T+2) I will be able to cover. The “fraud” of naked short is that you fail to deliver the shares at settlement to the new owner. If you re-borrow shares then that’s different since then you really do have shares to deliver.
Re: u/DeepFuckingValue and the GameStop Reddit mania
#549Earlier quoted context omitted.
> The overall market is stressed, things are getting weird and I would not be surprised if this is the beginning of another stock market crash. GME short interest was still greater 100% of shares outstanding as of 1pm 1/29 (S3 Shortsight numbers). If forced to cover, short holders will have to liquidate other assets. Could those liquidations force more liquidations in a positive feedback loop? Hopefully no, but certa…
Yes, exactly. When a hedge fund is getting its face ripped off because its shorts are up 50 - 200%, it will liquidate its longs to cover. The rotational dynamics of many funds doing that at once can drive the price down on traditionally stable stocks that everyone owns. In a worst case scenario that could trigger a massive selloff which would crash the market. This is compounded by the fact that funds will defensivel…
Re: u/DeepFuckingValue and the GameStop Reddit mania
#550Earlier quoted context omitted.
A trivial (not necessarily smart or optimal, but possible) way for GameStop to avoid that eventuality is to liquidate; close down the business and sell off all the assets - that wouldn't be a bankruptcy, they have more than enough cash and assets to cover their debts, so they would have a nonzero amount of cash left over to distribute to the shareholders. In essence, you're correct that if the company goes bankrupt,…
You think of what GameStop was, not what it is becoming. Chewy's Founders and now board members are obviously not in the business of losing money, they bought a sizeable portion of the stock and are now members of the board. GME has been transitioning to e-commerce (this is where Ryan Cohen and the new board comes in), where they tripled their sales (e-commerce) each year. In addition, one of the board members is own…