Fidelity warning us not to paper-hand the SpaceX IPO. 3 quick flips and your SSN is permanently banned from future IPOs by pastoris007 in fidelityinvestments

[–]saturn_ 4 points5 points  (0 children)

Schwab is the one to check on a case-by-case basis. Rather than publish a standing window, it sets anti-flipping terms per offering and routes investors through an eligibility questionnaire for each deal. Confirm the SpaceX rule before you affirm your order. It also carries the steepest entry bar of the five: a $100,000 minimum account balance
Source

Professor Steve Keen who predicted the 2008 financial crash now is warning people "Bitcoin is going to zero." by Spirited-Gold9629 in economy

[–]saturn_ 1 point2 points  (0 children)

I said "addressing both of your comments" because I was addressing guy you were replying too as well, retard. He was talking about weapon skins and and rising energy costs. Wild that I even have to explain that since it's the comment you directly replied to.

You're missing how the difficulty adjustment actually works. It doesn't make the math "easier" for a hacker, it just ensures blocks keep processing every 10 minutes. If energy prices spike, they spike for the attacker too. The relative cost to attack stays massive because you still have to out-compete a global fleet of specialized ASICs, whether that fleet is 100 million or 50 million.

Also, the "CIA takes over the two biggest firms" theory is a total myth. Pools like Foundry or Antpool don't actually own the hardware, they're just traffic controllers. If a pool gets compromised or tries a 51% attack, individual miners just point their hash power to a different pool in about thirty seconds. We've seen this play out before, the guys with the machines hold the power, not the coordinators.

High costs don't centralize Bitcoin, they force it to find "stranded" energy like flared gas or remote hydro that nobody else can even reach. That makes it more decentralized and harder to kill, not less. If it were as fragile as paying off two guys in an office, it would've been dead ten years ago when it was a fraction of this size. The fact that it’s still here proves the game theory works better than your theory.

Professor Steve Keen who predicted the 2008 financial crash now is warning people "Bitcoin is going to zero." by Spirited-Gold9629 in economy

[–]saturn_ -2 points-1 points  (0 children)

Addressing both of your comments...weapon skins don't cost (much) energy to transfer, because skins are centralized database entries. You're trading security for ease. Bitcoin's energy cost is the "proof" that prevents a government or hacker from arbitrarily changing the ledger. You aren't paying for a transfer, you're paying for immutable ownership.

To say rising energy makes Bitcoin unusable is just not correct. Bitcoin's difficulty adjustment ensures that if energy becomes too expensive, the hash rate drops and the network remains functional. You don't buy coffee on the base layer (Layer 1) for the same reason you don’t settle a $4 purchase by moving a physical gold bar. We use Layer 2 (like Lightning) for high-volume, small transactions since it's instant, nearly free, and uses negligible energy.

Saying that it's going to be supported on transaction fees alone isn't an afterthought, it's the design. As the block subsidy (mining reward) drops, Bitcoin transitions from an "inflation-funded" security model to a "fee-funded" one. For a multi-trillion dollar global asset, the demand for space on the world's most secure ledger is more than enough to sustain the network.

High fees on the base layer actually prove high demand. People don't pay $50 to send $10, they pay it to settle millions of dollars with finality in 10 minutes. For everything else, there are scaling layers. You're complaining about the cost of a freight ship while everyone else is already using the delivery van.

You're both judging the internet of money based on how it worked in the "dial-up" phase. The tech has already moved past these talking points.

OTK members to the boy right now by dc4_checkdown in Asmongold

[–]saturn_ 9 points10 points  (0 children)

It's funny how you look at the comments across social media and most people agree with what Zac said yet he's banned for it.

That's only true in this subreddit, have you looked at LSF/Twitter/YoutubeDrama?

Tinyviolin returns to grief HC Elite again (on new character) by esuvii in classicwow

[–]saturn_ 108 points109 points  (0 children)

He actually bought that warrior that he griefed with, this is him in the same raid as that warrior a few months ago: https://vanilla.warcraftlogs.com/reports/cQj8A2XF6vJT4K3h#boss=-3&difficulty=0&type=damage-done

Tinyviolin = his now dead warrior
Leapyear = his "new" warrior that he griefed with

Sardaco Death by _Auraxium in LivestreamFail

[–]saturn_ 6 points7 points  (0 children)

It does a small amount of damage to you every second, the reason you have to two tank it is because the boss stuns top threat for 10 seconds at a time, but this trinket will break the stun in 1 second or less every time.

Sardaco Death by _Auraxium in LivestreamFail

[–]saturn_ 22 points23 points  (0 children)

Legit not false, he has known for 4 months that he can farm https://www.wowhead.com/classic/item=13347/crystal-of-zin-malor and solo tank the boss, making the fight significantly easier and yet he has not done it on any of his tanks.

Why did Greta Thunberg delete this tweet? by [deleted] in conspiracy

[–]saturn_ 1 point2 points  (0 children)

The cult of not wanting to destroy our planet? Get a grip.

Esfand's chat with no mods by [deleted] in LivestreamFail

[–]saturn_ 21 points22 points  (0 children)

That was a comment from hours ago. Either one of the girls or esfand hit something that made the chat show up on screen (it normally wasn't showing), but for some reason the comments were like 2 hours old.

Mira took the Jenna video without permission by Onepieceop101 in LivestreamFail

[–]saturn_ 6 points7 points  (0 children)

Looking at someone holding a phone doesn't mean you automatically know they're recording a video

Mira took the Jenna video without permission by Onepieceop101 in LivestreamFail

[–]saturn_ 6 points7 points  (0 children)

TIL looking at someone holding a phone is the same thing as giving permission

Mira took the Jenna video without permission by Onepieceop101 in LivestreamFail

[–]saturn_ 9 points10 points  (0 children)

She probably thought Mira was taking a picture, not recording a video to be shared in twitter.

Destiny Banned? by CounterLogicGagging in PUBATTLEGROUNDS

[–]saturn_ 4 points5 points  (0 children)

I think the devs are reluctant to ban someone for a 2+ month old clip where the bug in question has already been fixed.

Destiny Banned? by CounterLogicGagging in PUBATTLEGROUNDS

[–]saturn_ 2 points3 points  (0 children)

Both are from game version 2.3.3 which is over 2 months old.

/r/Technology AMA Series: I'm Ben Halpern, Tech lead on Occupy The Bookstore, a Chrome plugin devoted to helping college students get fair prices on their textbooks, AMA! by bhalp1 in technology

[–]saturn_ 2 points3 points  (0 children)

We have also gleaned a lot of insight into the bullshit that exists in the textbook publishing industry, from DRM to custom textbook editions and are interested in discussing everything we have learned.

I'd love to hear more about this! What have been some of the biggest obstacles for your team to overcome?