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Everything posted by Andrew Reid
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AMC cinema chain saved / Reddit memes the stock market
Andrew Reid replied to Andrew Reid's topic in Cameras
Logical, and thoughtful, but still missing the point about the internet DOGECOIN experiment which is taking place. It is not a profit for personal gain scheme or an investment. It is a fight back against centralised financial systems and centralised currencies. It's also another collective action whereby if people stick together in great numbers, buy and hold long-term, just that in itself creates a valuable commodity, which can gain traction and be noticed as a serious rival to other currencies. I don't see DOGECOIN so much as a currency, but as a ideological thing and a commodity. Do we want to be at the mercy of VISA and PayPal in 10 years time? I know I don't. PayPal take a big chunk of my revenue at EOSHD, and then apply a further 2.5% commission to currency conversion, on top of their absolutely shit rate. Recently they added another 3% on top of all that, bringing the total fees on each transaction close to 10%. That is extortion and monopolistic abuse. They are even shutting out competitors and other FinTech companies and banks, like Transferwise by making it impossible to withdraw USD to USD with no currency conversion - that's where the 3% fee kicks in if you trade in any other country with PayPal outside the US in dollars. I used to be able to transfer PayPal USD to my Transferwise bank account and use them to do the conversion to British Pound or Euro. Now, PayPal slap the 3% on it, to force me into their uncompetitive FX rate and further to that, the 2.5% FX commission on top of any transaction fees. VISA and Mastercard - a duopoly, don't even charge that much. Less than 1%. With Stripe adding their 2%-ish. Much better but still a duopoly. PayPal needs to die. Short selling needs to die. And currencies need to be decentralised, and needs to be fit for the new generation and modern world. Fuck all the banks quite frankly. Time is up. -
AMC cinema chain saved / Reddit memes the stock market
Andrew Reid replied to Andrew Reid's topic in Cameras
Who says anybody needs to 'destroy their own wealth'! What is $10 to a guy on Reddit? I put $150 in. This was my small gesture to see a few of the greedy elite in our society suffer some losses. Everyone should do it to send the message that short selling on the industrial scale of the big hedge funds is borderline illegal and deeply immoral. It is the occupy wall street movement - but this time it actually made a difference, rather than blocking a few roads and annoying the average joe trying to get to work. Robert, if you think the 99% are going to shed a tear because Citidel go out of business, you're in for a big uphill argument. And nor should they shed a tear. Collective action to save thousands of peoples jobs at Gamespot and wipe billions off the profits sheets of these malignant machines of capitalism. I am all for it. You should be too. Unless you are on the side of the greedy short sellers. Warren Buffet I have a lot more respect for. Knows businesses inside and out and rewards the good ones with his investments. In turn, he gets stinking rich. Would be nice if he did as much charity as his friend Bill Gates though. -
AMC cinema chain saved / Reddit memes the stock market
Andrew Reid replied to Andrew Reid's topic in Cameras
Actually look into the technical differences. Bitcoin is capped, has a maximum number of coins that can ever exist without the protocols being rewritten. Dogecoin is uncapped, but has a 5 billion coin mining limit per year to prevent inflation. Demand for cryptocurrencies only has to increase 5% a year for Dogecoin's value to maintain or increase. Supply and demand. Bitcoin is slow. Transaction rate is very limited. It works best as a commodity, not a VISA replacement for use in supermarkets (unless you're willing to wait hours for your payment to go through). And yet, existing banks cannot create a rival cryptocurrency. Here is a pretty good take on why. https://hackernoon.com/about-bitcoin-what-altcoins-and-shitcoins-dont-seem-to-get-rs53323w -
AMC cinema chain saved / Reddit memes the stock market
Andrew Reid replied to Andrew Reid's topic in Cameras
The reddit group is essentially a decentralised democratic hedge fund mostly of normal people, not the rich and mostly not professional traders. Big difference. If AMC's stock rises like Gamespot a lot of people keep their jobs in the cinema business, and a lot of people on Reddit land a huge blow on wall street. I think most people's $100 is worth it to make the moral point and damage the wall street short seller business permanent basis. I would gladly pay $100 to fuck Melvin Capital. It is not an investment. It's a moral issue, and a punt. A gamble, to see if it works. A lot of people coming at it from wrong angle. The fact it doesn't make any kind of responsible financial sense is a moot point. People should definitely not see it as an investment or a short term way to make money for personal gain. That way you get a massive bubble and a lot of people lose their money. The $150 I put into DOGEcoin is a long term gamble. I'll forget about it and see if DOGEcoin hits the news headlines in 5 years or even 10. Or even longer. If not, what have I lost? Not much really. I do agree that if you want an investment (i.e. less risky and stupid) Bitcoin is the better option but it's still very volatile with an uncertain future compared to a sensible portfolio of stocks and shares selected for you by pros. PS - For those in the UK who want to buy Gamespot shares I recommend the online challenger bank app Revolut. Easy and simple. -
AMC cinema chain saved / Reddit memes the stock market
Andrew Reid replied to Andrew Reid's topic in Cameras
It is a revolution, 100%. Internet users are controlling the market. Bitcoin is worth $27,000 today. Are you saying that buying at the start of the global recognition of the currency is pointless? Tell that to the millionaires it created. Cryptocurrency is absolutely a revolution and a disruptive technology. 100% agree I thought speculating on worthless stocks was the job of short sellers and hedge funds... -
AMC cinema chain saved / Reddit memes the stock market
Andrew Reid replied to Andrew Reid's topic in Cameras
Happy to see these guys lose. https://en.wikipedia.org/wiki/Melvin_Capital And there is no excuse for illegal behaviour by the financial establishment and funds - Also this is a great explainer of the week, for people only just reading up on it (like me)... https://imgur.com/a/DCCpuZA -
AMC cinema chain saved / Reddit memes the stock market
Andrew Reid replied to Andrew Reid's topic in Cameras
I get the feeling this is different. Coordinated, targeted action. I foresee... trouble. -
Is the internet about to crash the markets? https://www.eoshd.com/news/amc-cinema-chain-saved-by-reddit-meme-stock-trading-is-the-internet-about-to-crash-the-markets/ Or do the people stand to win big? Answers on a postcard.. PS - I have bought some DOGEcoin. WOOF!
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Micro HDMI input will make it a nice lightweight, if flimsy monitor. Battery life should be decent too. But the price is ludicrous.
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It's basically the Xperia 1 II anyway. Not too shabby as a phone, if Android is your thing, but the unique features it has - 12MP camera 1.7" sensor and 3.5mm headphone jack with Hi-Res DAC are bettered on some £500 phones. The Pro Cine app is not great, pretty mushy codec!
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30 minute limit due to heat in 8K and 4K/60p 😂 Otherwise looks good. Definitely has the edge on the EOS R5.
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Has anyone tried ZLog on the Z6ii yet? Compatible?
Andrew Reid replied to Ryan Plunkett's topic in Cameras
You are ill informed my friend. That isn't what it is doing. It also reduces in-camera sharpening to below what is possible with the built in profiles. It is an external profile loaded onto the camera. -
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“I don’t think video-focused users are driving the reputation of this new product” Haha. I had a good smile at that comment, but then I realised the missing 4 grand hole in my bank account is still there. Canon exec. Interview: https://www.eoshd.com/news/canons-tsuyoshi-tokura-on-eos-r5-controversy-i-dont-think-video-focused-users-are-driving-the-reputation-of-this-new-product/
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Z6 RAW isn't really raw sensor data and it is pixel binned too. The S5 10bit 422 is the more convenient option and will look cleaner, a bit more cinematic too.
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Funny you just described brexit
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What EU imposed law in particular hindered you the last 30 years, and finally you were freed from on that great day 2 weeks ago, 1st January 2021, and all was well? Answer it...
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The point is that we are all capable of believing things which we know to be untrue, and then, when we are finally proved wrong, impudently twisting the facts so as to show that we were right. Intellectually, it is possible to carry on this process for an indefinite time: the only check on it is that sooner or later a false belief bumps up against solid reality, usually on a battlefield. - George Orwell, 1946
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Short term it may hit home when our economy does a full on flop to the floor like a big stack of cards and supermarkets run out of fresh produce. Project fear! At what point for a Brexit fanatic does project fear become project real. For younger generations who have grown up making use of the freedoms they were born with (freedom of movement) pretty much immediately, but Project Fucking Facts has even been known to impact the people right at the top and the richest of society - pity them - for project fear has been enough for Boris Johnson's cunt father to get his French passport sorted out and enough of a reality for Rees Mogg to move his business to the EU (Ireland). Apparently man of the people and the enemy of bureaucratic rules everywhere has moved Somerset Capital Management to the EU because Brexit risks a section of its investment prospectus.
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Yeah so did I, there was a lot of ideology and feelings wasn't there in the run up to the referendum and very little fact. You had to brush it off and do a character judgement on those advocating for which direction to go. My character judgement on Farage, Gove, Boris, Cummings, Arron Banks, Tice, etc. was that I didn't like them. Unintelligent dilettantes from Eton. Privileged little fixers and opportunists. All middle aged white men with an axe to grind. Probably all racist too. If this puts me into the category of "snobby" then fair enough, it's a label that was pinned on the remain side because we were painted into a corner by people like Farage holding a pint down the pub, and enough people believed it. We are liberal elites apparently!! When a culture turns against intelligent thinkers and well travelled people with an open minded view of foreigners then you know your country has a racism and class problem.
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What does a NZ guy know about UK politics... My country founded the NHS. It had a strong social welfare system long before many other countries. That is something to be proud about. Not everything should be left to the private sector and competitive free market capitalism. Unless you want to pay astronomical amounts of money into the pockets of private insurance companies that is. Have you seen the price of health care in the US and Germany? The school meals stuff you are so ill informed about it hurts. This was a campaign by a British footballer to help out during corona times with free food for children, and the government was tasked to come up with a fair scheme. Looks like nearly all the public funds used for it went into the pockets of a dodgy private company. That is not about government spending lacking efficiency... It is about an incompetent, corrupt, borderline criminally negligent Conservative party, the misuse of public funds and an overall party philosophy that favours capitalism over starving children. A functional, competent government that does not run a country into the ground, invests in peoples lives rather than profiteering from them at every opportunity, can actually spend money efficiency and encourage a lot of growth.
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Google's trackers for analytics on visitor numbers I will probably likely remove this weekend. With Cloudflare I can keep an eye on traffic demands on the server via their CDN (content delivery network) and save bandwidth too. With every free service like Google there is always an advertising or metrics related catch, i.e. we end up selling them our data. PS If everyone dumped shitty WhatsApp and Messenger, and instead used Signal we could do one on the social networks too. Let's hammer this subversive advertising industry.
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New blog post: https://www.eoshd.com/news/which-camera-websites-spy-on-you-each-site-ranked-for-privacy-and-trackers-in-safari-14/
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Aside from a small government, the other reason the Tories want devolution is so they can enrich the private sector via less-centralised, less-accountable, easily bribable local government. Some sham of a private company will come along and gobble up the money, making big profits for the Tory cronies involved in it. Look at the sham of the school meal packages recently - supposably £30 for 5 days of food, and what the mums got was £5 of baked beans. Where did the £25 go? This is OUR tax money. We pay our taxes, only for 90% of it to get syphoned off into the pockets of dodgy incompetent private sector Tories.
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So red wall voters in the North East have turned to the neo-nazi Conservative party because they are promised a more direct form of democracy and devolved decision making, a Northern power house, a 'charismatic' say it like it is leader in Boris and a way to push back on the globalised Neo-liberal EU... It's a complete sham and a lie. Local airport could have been bought back regardless of Brexit. The upgrade of it could have benefited from EU funds. The railway can be modernised regardless of Brexit. Since most of the infrastructure and rolling stock are German or French however you may need to keep an eye on the supply of spare parts from Jan 1st. Got your defunct steel works, check. Great news. Now you can haemorrhage tax payer's money as well as Thai bank contributions. Investment in transport... again, nothing to do with Brexit whatsoever. Large plot of land for new businesses, new jobs, green energy, offshore wind-farms, etc. again nothing to do with Brexit, in fact the EU would have contributed a lot in terms of green energy, Germany being one of the most prominent countries for that, again not something most people are discussing down the pub but still true, and as for the move away from centralised Westminster London-centric decision-making, one of the reasons for devolution (and soon the break-up of the entire UK, with Scottish independence and 1970s Berlin / Northern Ireland style land border checks with military presence) is that the Tories are in favour of a small government, massive cuts to public spending, cuts to social care, public funding of the BBC and the arts & cinemas, and more things just too numerous to mention here.