But this is what Valve being involved was supposed to be for, right? Ultimately, this pits Valve against Facebook, imo. Could be interesting, or Facebook is already preparing to buy out Valve.
So the PE ratio on Facebook stock is 90. It's ludicrous. I saw someone on Ars rhetorically ask, essentially,"Well, why in the world would facebook want to mess with Oculus!?" and a reply seemed better served here: When this tech bubble finally goes floomph and pops, FB isn't going to have much of anything; I really hope a lot of you remember when this was all going on 15 years ago, because it seems to be happening again. Tiny companies with virtually no real earnings are putting out enormous IPOs. When FB crashes, they're going to panic and try to monetize the hell out of Oculus.
I suspect that it will either get raped for the IP or spun off after the tech crash. For all the hoopla, I feel liek people swimming in money is clouding their ability to think rationally about this. Prove me wrong, internet, but I think Palmer Luckey just made the classic blunder (besides starting a land war in Asia): Never go in against a clueless techie-hipster billionaire douchebag when a game-changing technology is on the line.
my understanding is that a rough estimate pegs the number of outstanding dollars in the world as 10-15% (??) of the total supply of dollars because it holds its value quite well (sort of, right?)
If the US ever decided to go to a crypto-currency, perhaps to defeat counterfeiters or perhaps piss off some other country (China?) you'd either get an enormous influx of dollars into the world's system, causing significant inflation.
Why isn't Radioshack opening Makerspaces and selling components to people for all that stuff?
"get back to your/root @ Radioshack!"
done! I just solved your whole marketing budget. Now open stores that aren't in malls using cheap space in half-abandoned strip malls, hire some high school/college geeks who like to play with electronics, and PROFIT.
Suddenly, the government simply can't afford to give out more student loans? Education Programs get massively cut for at least a year, leaving millions of students at home instead of in schools. The kids with rich parents are fine. Everyone and their grandmother (literally) sells assets to cover their kids' education. This pulls the publicly-trading securities market lower (especially muni bonds... that's an accident waiting to happen)
I'm just trying to ponder the fallout of this... this will keep getting bigger til it collapses, or until something happens to slow it down.
Would colleges simply close, forcing good professors to local colleges, leaving administration/middle management adrift (thank god)?
Wow, I finally went over and actually tried to read posts in the beta format...
I will never come back to the site. How can I? I can't believe I'm saying it... it's a HORRIBLE design. It effectively kills the discussions by not showing information in an easy-to-read format. It's an abomination of design. Fron tpage looks nice, discussions are a disaster. What numbskull greenlighted this thing?
I've been coming here for maybe 10-ish years (?), and there is no place like it, but that's because of the discussion format.
oh ho ho! boy, I sometimes wonder if Snowden didn't do MORE harm by chilling whistleblowers than anything the Feds could have.
Look, he exposed a massive, extensive, illegal, and abused surveillance program that is only getting larger and more dangerous by the day.
Wouldn't that likely have a chilling effect on how many whistle-blowers are now willing to come forward if they know that all their conversations, locations, and contacts are archived by the government? Hell, why do you think Snowden left the country? He knows what we should: Any whistleblowers from here on out are going to be hunted down and disappeared because they cannot hide or be safe-guarded from our government by the law or, barring that, simple anonymity.
Slashdot Mirror
I guess we know where Elon gets those ripped, cut jaw muscles now...
But this is what Valve being involved was supposed to be for, right?
Ultimately, this pits Valve against Facebook, imo. Could be interesting, or Facebook is already preparing to buy out Valve.
So the PE ratio on Facebook stock is 90. It's ludicrous.
I saw someone on Ars rhetorically ask, essentially,"Well, why in the world would facebook want to mess with Oculus!?" and a reply seemed better served here:
When this tech bubble finally goes floomph and pops, FB isn't going to have much of anything; I really hope a lot of you remember when this was all going on 15 years ago, because it seems to be happening again. Tiny companies with virtually no real earnings are putting out enormous IPOs. When FB crashes, they're going to panic and try to monetize the hell out of Oculus.
I suspect that it will either get raped for the IP or spun off after the tech crash.
For all the hoopla, I feel liek people swimming in money is clouding their ability to think rationally about this. Prove me wrong, internet, but I think Palmer Luckey just made the classic blunder (besides starting a land war in Asia): Never go in against a clueless techie-hipster billionaire douchebag when a game-changing technology is on the line.
I wonder at the repercussions this might have for kickstarter, too, frankly.
Oculus is supposed to be closely tied to Steam, right?
How much you wanna bet Facebook is gunning to buy Valve *right now* ?
No.
Mallrats, anybody?
Well they fly a lot better than the F-35!
It's the SPANE, but they're in ITALY?
my understanding is that a rough estimate pegs the number of outstanding dollars in the world as 10-15% (??) of the total supply of dollars because it holds its value quite well (sort of, right?)
If the US ever decided to go to a crypto-currency, perhaps to defeat counterfeiters or perhaps piss off some other country (China?) you'd either get an enormous influx of dollars into the world's system, causing significant inflation.
Just a random thought.
Why don't they just crowdfund fusion research?
If Star Citizen can get 40 million, I suspect Fusion research could get a LOT more.
Why isn't Radioshack opening Makerspaces and selling components to people for all that stuff?
"get back to your /root @ Radioshack!"
done! I just solved your whole marketing budget. Now open stores that aren't in malls using cheap space in half-abandoned strip malls, hire some high school/college geeks who like to play with electronics, and PROFIT.
Except for Blu-Ray discs. grumble grumble..
If this "crashes" I wonder what will happen.
Suddenly, the government simply can't afford to give out more student loans?
Education Programs get massively cut for at least a year, leaving millions of students at home instead of in schools. The kids with rich parents are fine. Everyone and their grandmother (literally) sells assets to cover their kids' education. This pulls the publicly-trading securities market lower (especially muni bonds... that's an accident waiting to happen)
I'm just trying to ponder the fallout of this... this will keep getting bigger til it collapses, or until something happens to slow it down.
Would colleges simply close, forcing good professors to local colleges, leaving administration/middle management adrift (thank god)?
Don't buy a console.
Have you ever HAD a policeman come to the door and ask to come in? Do you have any idea how intimidating they get?
Exactly which war is Peggy the Programmer going to help us win? The war against 35-year-old virgins?
Maybe I'm too dim, but I'm just not seeing a meaningful connection here.
His point still stands:
You clearly don't need the car that badly, then!
At the same time, let people be part of the conversation. Shutting out dissenting opinions is also a road paved with good intentions...
Um, nice slippery slope argument there.
Just because there's a little mistrust doesn't mean "full-blown paranoia is only a couple steps away"
Shall we try to nix the melodrama?
Wait...
wait...
GO see the beta site for yourself. See what you think, then contact Dice if you don't like it. That's a better comment.
Wow, I finally went over and actually tried to read posts in the beta format...
I will never come back to the site. How can I? I can't believe I'm saying it... it's a HORRIBLE design. It effectively kills the discussions by not showing information in an easy-to-read format. It's an abomination of design. Fron tpage looks nice, discussions are a disaster. What numbskull greenlighted this thing?
I've been coming here for maybe 10-ish years (?), and there is no place like it, but that's because of the discussion format.
Don't do the Beta!
The answer to the question is "No."
The Seahawks embarrassed the living daylights out of the Broncos.
oh ho ho! boy, I sometimes wonder if Snowden didn't do MORE harm by chilling whistleblowers than anything the Feds could have.
Look, he exposed a massive, extensive, illegal, and abused surveillance program that is only getting larger and more dangerous by the day.
Wouldn't that likely have a chilling effect on how many whistle-blowers are now willing to come forward if they know that all their conversations, locations, and contacts are archived by the government? Hell, why do you think Snowden left the country? He knows what we should: Any whistleblowers from here on out are going to be hunted down and disappeared because they cannot hide or be safe-guarded from our government by the law or, barring that, simple anonymity.
"If it's on the phone..."
Oh yeah? Not if I don't have a smart phone with data, you can't.
Still not gonna give in.