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2020.10.27 10:07 kaylabelvyahPrediksi Togel HongKong 27 Oktober 2020
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2020.10.27 08:58 mydreambusinessHow To Test Products With Facebook Ads In 2020 – Get Sales Going This Christmas!
If you want to get the maximum results possible, you have to know the different testing methods so you can launch the one that fits you best. What would be the best way to test a product in a niche with huge audiences and dozens of big interests? And what if the audience isn’t that big? Is a CBO campaign always the better choice? All these questions and more will be answered in this article! On top of that, I’ll share some quick scaling techniques if you’re already getting sales and looking to turn your campaign into a real money maker 📷 Disclaimer: The testing methods described in this article are what we personally use when testing out products on our stores. These methods should work for everyone, but keep in mind that every ad accounts acts differently so it might not work the way you expect it to. If that happens, try switching to a different testing method from this article OR checking out what other big dropshippers are doing. Before we begin, Remember to always pick a Website Conversion campaign and choose the Purchase optimization. Even if it’s a brand new ad account with a brand new clean pixel with no data at all, you still choose the Purchase optimization. Ignore all the red/yellow warning signs presented by Facebook and just launch your campaigns. Years of dropshipping experience has taught us that even if there’s no data at all, Facebook will do the best they can to bring you people that buy. If you optimize your campaigns for a different event, like View Content, you’ll receive exactly what you ask for: Clicks to your website and nothing else. There are still people who go this way and launch View Content campaigns, then slowly move on to Add to Card, Initiate Checkout, and finally Purchase. We believe this is a BIG waste of time & money and you should just choose purchase optimization. Note: Some of you who have read my previous posts about testing methods with Facebook ads probably saw that I used to optimize also for Add to Carts. This has worked great for me in the past but since this year’s Valentine’s Day, I stopped using Add to Cart optimization and completely moved to Purchase optimization. It’s bringing me much better results and ATC optimization simply stopped working for me.
Freestyle CBO Testing Method
CBO is short for Campaign Budget Optimization and the difference is that the campaign is the one who’s getting a budget instead of each adset separately. You probably know that by now but I had to make sure there’s no confusion. This Freestyle CBO testing method is pretty simple and gives Facebook the power to do whatever it wants – We simply launch a campaign with a certain budget and give Facebook the option to distribute the budget to out adsets with zero limitations. We don’t set any minimum/maximum spending amount per adset and let Facebook do as it wants. The countries we target depends on our target audience and the product we’re selling. For example: If our research indicates the product can sell really well in USA & Germany, we’ll target both countries. It can be a different adset per country or even both countries combined in one adset. What we don’t do no more is target Worldwide. We prefer targeting countries we know will definitely purchase from us and if it goes well, we’ll consider targeting Worldwide(but not in the testing phase). Audience size & Interests: We keep the audience size over 1 million and we’re not afraid testing out really big audiences like 30 million+. With the interests it’s a bit more random and we just go with what feels the best for us – One adset can have a couple of interests just piled up, the second adset can hold a single interest, and the third one will have 3 interests layered down, etc. There’s no specific rule about having only one interest per adset or no more than 5 interests piled up in a single layer. You just need to look for the right interests that hold the audience you need and sometimes make some smart combinations to get better results. That’s it. Daily budget and number of adsets per campaign: The minimum daily budget we use for testing is $50 and we never go beyond $100. The number of adsets we have in a single campaign is no less than 4 when the average is 5. I think that $50 daily budget with 4-5 adsets gives Facebook plenty of room to test your adsets and find the best one that works. Note: This method can be somewhat annoying as Facebook can end up giving a good adset, that brought a cheap conversion, much less budget than to a different adset that converted for a lot more. So be prepared to “lose” a bit of money and have patience. Don’t close down right away adsets that converted for a lot more because they can make a comeback in the next day. Scaling technique: If one or more of the adsets in this Freestyle campaign are showing some promise, you can always duplicate the winning adset(s) into a new campaign multiple times. Let’s say one of your adsets is bringing cheap conversions, but all the rest are doing pretty bad. What should you do? First of all, if enough days have passed, you can shut down the bad adsets in your original CBO campaign and keep only the one that works. Keep everything else the same, like budget. Next, you should duplicate the winning adset 3 or even more times into new campaigns. So if you decided to duplicate it 3 times, you will now have 3 new CBO campaigns with a single adset inside each of them. The adset, of course, is the winning adset that brought you good conversions. This is our preferred method instead of touching the daily budget of the original campaign – We always prefer to duplicate instead of touching working campaigns.
Regular ABO Testing Method
In 2019, Facebook announced about a new type of campaign which we all know by now as CBO campaigns. This campaign was supposed to completely replace the regular ABO(Adset Budget Optimization) campaigns. At first, CBO campaigns didn’t work too well and Facebook delayed from September 2019 I think to early 2020. Well, fast forward to a few months later and we still can launch ABO campaigns on our old and new ad accounts… We can only guess why CBO isn’t mandatory to this day(COVID-19?) but there’s one thing a lot of advertisers, including us, are pretty sure of: It will eventually replace ABO so you better start using CBO if you still haven’t. Anyway, let’s get back to the regular ABO testing method. Audience size & Interests: With ABO, we tend to test normal sized audiences – This means that we prefer going for audiences less than 1 million and up to 5 million. I find ABO to not work that well with really large audiences(when testing, new pixel & all) and I prefer toning it down a notch. So I can have one adset targeting an interest with audience size of 2 million+ and the second one will target an interest with audience size of 300 thousand. And the Interests we choose is the same way as we do in our Freestyle CBO campaigns. One adset can have only 1 interest while the other one can have 4 interests all layered down. Daily budget and number of adsets per campaign: A minimum of $5 per adset and up to $25 per adset when testing new products is what we usually go for. Again, it depends on the budget and the audience size. For example: If our budget is $100 a day and there’s not that many interests to choose, we can end up with 4-5 adsets each having a $20+ daily budget. If the audience is big and there are plenty of good interests to choose from, we can end up with 10 adsets each having a $10 daily budget. After you’ll gain some experience, this part will become easy for you. Scaling technique: When it comes to ABO, touching a good working adset that brings conversions is considered a TABOO. With CBO campaigns, the budget is on a campaign level so even if you edit it live, the adsets won’t be affected the same way as if they had their own budget. Editing a working adset budget will bring it back to learning phase and you may stop getting the same conversions as you did before the change. So for the scaling technique, we prefer duplicating the original adset a couple of times and keep it all under the same campaigns. Duplicating x3, x5, or even x10 times(if you feel confident) and just shut down the ones that bring bad conversions is the way we scale. Or you can duplicate a good adset and make a small change to it like changing the interest, the ages, etc. Pretty simple scaling technique which stays in the same original campaign. Always Refresh Your Ads By Using New Creatives Even if your ad was made by a professional studio, you still need to use different creatives when running ads for your dropshipping products. If you have a single video ad, you can create 2 or more thumbnails and run each thumbnail in a separate ad. You can change the first 3 seconds, which are super important and need to catch your customer’s attention, and run each variation as it’s own separate ad. Or even create 2-3 totally different video ads and see which one performs the best. Facebook will eventually learn which ad performs the best and this ad will get more budget and conversions. To Sum It Up: Remember that before launching your ads, you need to make sure your store is ready to get traffic. It should be optimized for sales and there can’t be anything missing like forgetting to add reviews or not having a logo on the checkout page. You video ads as well need to be good enough to get people to stop and later click on your ad. This can be easily done by hiring someone with experience to make you a dropshipping ad OR you can learn what others are doing by spying on their ads to learn their tricks. When everything else is ready, you can get to launching your ads and start getting sales!
2020.10.27 08:39 kaylabelvyahPrediksi Togel Taiwan 27 Oktober 2020
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2020.10.27 08:36 mydreambusinessHow To Test Products With Facebook Ads In 2020 – Get Sales Going This Christmas!
If you want to get the maximum results possible, you have to know the different testing methods so you can launch the one that fits you best. What would be the best way to test a product in a niche with huge audiences and dozens of big interests? And what if the audience isn’t that big? Is a CBO campaign always the better choice? All these questions and more will be answered in this article! On top of that, I’ll share some quick scaling techniques if you’re already getting sales and looking to turn your campaign into a real money maker Disclaimer: The testing methods described in this article are what we personally use when testing out products on our stores. These methods should work for everyone, but keep in mind that every ad accounts acts differently so it might not work the way you expect it to. If that happens, try switching to a different testing method from this article OR checking out what other big dropshippers are doing.
Before we begin, Remember to always pick a Website Conversion campaign and choose the Purchase optimization.
https://preview.redd.it/xjvz9w9yalv51.png?width=936&format=png&auto=webp&s=91bcd6391cdd952fea62fd88fe9757d9b1cbae7d Even if it’s a brand new ad account with a brand new clean pixel with no data at all, you still choose the Purchase optimization. Ignore all the red/yellow warning signs presented by Facebook and just launch your campaigns. Years of dropshipping experience has taught us that even if there’s no data at all, Facebook will do the best they can to bring you people that buy. If you optimize your campaigns for a different event, like View Content, you’ll receive exactly what you ask for: Clicks to your website and nothing else. There are still people who go this way and launch View Content campaigns, then slowly move on to Add to Card, Initiate Checkout, and finally Purchase. We believe this is a BIG waste of time & money and you should just choose purchase optimization. Note: Some of you who have read my previous posts about testing methods with Facebook ads probably saw that I used to optimize also for Add to Carts. This has worked great for me in the past but since this year’s Valentine’s Day, I stopped using Add to Cart optimization and completely moved to Purchase optimization. It’s bringing me much better results and ATC optimization simply stopped working for me.
1. Freestyle CBO Testing Method
https://preview.redd.it/dt0a97v1blv51.png?width=590&format=png&auto=webp&s=86a8fd8a1c4db761f0fd47043ff521b2a9879ef4 CBO is short for Campaign Budget Optimization and the difference is that the campaign is the one who’s getting a budget instead of each adset separately. You probably know that by now but I had to make sure there’s no confusion. This Freestyle CBO testing method is pretty simple and gives Facebook the power to do whatever it wants – We simply launch a campaign with a certain budget and give Facebook the option to distribute the budget to out adsets with zero limitations. We don’t set any minimum/maximum spending amount per adset and let Facebook do as it wants. The countries we target depends on our target audience and the product we’re selling. For example: If our research indicates the product can sell really well in USA & Germany, we’ll target both countries. It can be a different adset per country or even both countries combined in one adset. What we don’t do no more is target Worldwide. We prefer targeting countries we know will definitely purchase from us and if it goes well, we’ll consider targeting Worldwide(but not in the testing phase). Audience size & Interests: We keep the audience size over 1 million and we’re not afraid testing out really big audiences like 30 million+. With the interests it’s a bit more random and we just go with what feels the best for us – One adset can have a couple of interests just piled up, the second adset can hold a single interest, and the third one will have 3 interests layered down, etc. There’s no specific rule about having only one interest per adset or no more than 5 interests piled up in a single layer. You just need to look for the right interests that hold the audience you need and sometimes make some smart combinations to get better results. That’s it. Daily budget and number of adsets per campaign: The minimum daily budget we use for testing is $50 and we never go beyond $100. The number of adsets we have in a single campaign is no less than 4 when the average is 5. I think that $50 daily budget with 4-5 adsets gives Facebook plenty of room to test your adsets and find the best one that works. Note: This method can be somewhat annoying as Facebook can end up giving a good adset, that brought a cheap conversion, much less budget than to a different adset that converted for a lot more. So be prepared to “lose” a bit of money and have patience. Don’t close down right away adsets that converted for a lot more because they can make a comeback in the next day. Scaling technique: If one or more of the adsets in this Freestyle campaign are showing some promise, you can always duplicate the winning adset(s) into a new campaign multiple times. Let’s say one of your adsets is bringing cheap conversions, but all the rest are doing pretty bad. What should you do? First of all, if enough days have passed, you can shut down the bad adsets in your original CBO campaign and keep only the one that works. Keep everything else the same, like budget. Next, you should duplicate the winning adset 3 or even more times into new campaigns. So if you decided to duplicate it 3 times, you will now have 3 new CBO campaigns with a single adset inside each of them. The adset, of course, is the winning adset that brought you good conversions. This is our preferred method instead of touching the daily budget of the original campaign – We always prefer to duplicate instead of touching working campaigns.
2. Regular ABO Testing Method
https://preview.redd.it/4nznyipablv51.png?width=590&format=png&auto=webp&s=82d8ad4b6dc3643c9249783010d3321cc2f17a10 In 2019, Facebook announced about a new type of campaign which we all know by now as CBO campaigns. This campaign was supposed to completely replace the regular ABO(Adset Budget Optimization) campaigns. At first, CBO campaigns didn’t work too well and Facebook delayed from September 2019 I think to early 2020. Well, fast forward to a few months later and we still can launch ABO campaigns on our old and new ad accounts… We can only guess why CBO isn’t mandatory to this day(COVID-19?) but there’s one thing a lot of advertisers, including us, are pretty sure of: It will eventually replace ABO so you better start using CBO if you still haven’t. Anyway, let’s get back to the regular ABO testing method. Audience size & Interests: With ABO, we tend to test normal sized audiences – This means that we prefer going for audiences less than 1 million and up to 5 million. I find ABO to not work that well with really large audiences(when testing, new pixel & all) and I prefer toning it down a notch. So I can have one adset targeting an interest with audience size of 2 million+ and the second one will target an interest with audience size of 300 thousand. And the Interests we choose is the same way as we do in our Freestyle CBO campaigns. One adset can have only 1 interest while the other one can have 4 interests all layered down. Daily budget and number of adsets per campaign: A minimum of $5 per adset and up to $25 per adset when testing new products is what we usually go for. Again, it depends on the budget and the audience size. For example: If our budget is $100 a day and there’s not that many interests to choose, we can end up with 4-5 adsets each having a $20+ daily budget. If the audience is big and there are plenty of good interests to choose from, we can end up with 10 adsets each having a $10 daily budget. After you’ll gain some experience, this part will become easy for you. Scaling technique: When it comes to ABO, touching a good working adset that brings conversions is considered a TABOO. With CBO campaigns, the budget is on a campaign level so even if you edit it live, the adsets won’t be affected the same way as if they had their own budget. Editing a working adset budget will bring it back to learning phase and you may stop getting the same conversions as you did before the change. So for the scaling technique, we prefer duplicating the original adset a couple of times and keep it all under the same campaigns. Duplicating x3, x5, or even x10 times(if you feel confident) and just shut down the ones that bring bad conversions is the way we scale. Or you can duplicate a good adset and make a small change to it like changing the interest, the ages, etc. Pretty simple scaling technique which stays in the same original campaign.
Always Refresh Your Ads By Using New Creatives
Even if your ad was made by a professional studio, you still need to use different creatives when running ads for your dropshipping products. If you have a single video ad, you can create 2 or more thumbnails and run each thumbnail in a separate ad. You can change the first 3 seconds, which are super important and need to catch your customer’s attention, and run each variation as it’s own separate ad. Or even create 2-3 totally different video ads and see which one performs the best. Facebook will eventually learn which ad performs the best and this ad will get more budget and conversions.
To Sum It Up:
Remember that before launching your ads, you need to make sure your store is ready to get traffic. It should be optimized for sales and there can’t be anything missing like forgetting to add reviews or not having a logo on the checkout page. You video ads as well need to be good enough to get people to stop and later click on your ad. This can be easily done by hiring someone with experience to make you a dropshipping ad OR you can learn what others are doing by spying on their ads to learn their tricks. When everything else is ready, you can get to launching your ads and start getting sales! Good luck 📷 Struggling to findgood products to sell? Not sure who’s your target audience? Tired of losing money on products you were sure were “winners”? ThenEcomhuntis what you need! Find hot winning products that are added daily, spy on their ads & stores and import them into your store in 1 click and Start Selling Today!
JP players can bind via binding code or Twitter account; EN players can bind via Twitter account, Facebook account or Yostar account. These options are in Settings. Use at least one account bind option; use multiple if you want to be safe. If your device is lost, damaged, or a game update breaks the app and forces you to reinstall you could permanently lose your account. EN accounts are easiest to recover with an account bind; make sure to bind your account in the settings and only use the login screen binding buttons to reconnect your account. Using the login screen buttons without a bound account will create a new account for you and effectively erase your progress with no way of recovering it outside of contacting customer support. JUST DO IT. NOTE: It's also a good idea to remember your server and take a screenshot of your resume so that customer support has an easier time recovering your account.
Frequently Asked Questions
Should I reroll? How do I do it? No. There are a few reasons for this:
Names cannot be reused.
Ships are constructed with non-premium currency that you can easily get through gameplay.
SSR ships are NOT required for progression.
High value ships are often stage drops and cannot be built.
Is X ship good? Take a look at this gallery that shows good, permanently available ships or this tier list for a general indication of any ship's power. For research ships there's also a list showing off how useful they are depending on their development level. All ships are usable with proper development; just know that some ships/compositions are far less viable in later Worlds. Should I be spamming Construction or saving cubes? Saving cubes is crucial as you'll want a large stockpile of them to attempt limited constructions that appear during events. Outside of events, spend 1 cube per day (4 on Sunday) to satisfy the daily build mission; in doing so you'll complete the weekly mission which gives 6 cubes. However, players starting out should spam construction for the first 2 or 3 days in order to expand their options for fleet setups. Should I keep duplicate ships?
Duplicates of ships you use: Keep for limit breaking and retrofitting.
Duplicates of ships you don't use, Rare or higher: Retire for Medals of Honor (in Build menu).
Duplicates of ships you don't use, Normal rarity: Consume for enhancement of used ships.
Destroyers (DD) - Cheap; low gun damage with high-damage torpedoes; high evasion with poor armor and HP; speeds up your fleet and helps avoid ambushes.
Light Cruisers (CL) - Balanced stats with high anti-air capability.
Heavy Cruisers (CA, CB) - Expensive; high damage and/or large HP pool; some utility.
For the frontline position put your tankiest ship on the left and second tankiest on the right; for the backline try to have your strongest ship in the middle (flagship) position; battleships with a barrage skill should be in the center because it greatly improves their aim. Make sure that your support (yellow) skills are useful to the rest of the fleet; most only affect certain class, nationality or weapon types and often don’t stack. While at the beginning it doesn't matter - in fact you'd be better off using both of your fleets equally to level them up - your two fleets should eventually be split up into a mob-killer fleet and boss-killer fleet; the mob-killer fleet sacrifices firepower for sustain so use (self-)healing ships to survive the 4-7 fights needed to summon the boss for the boss-killer fleet. When should I Limit Break? This depends on your playstyle; Limit Breaking increases a ship's stats and capabilities at the price of increased Oil costs. Therefore:
If you lean towards casual play and don't sortie much, Limit Break as soon as possible.
If you lean towards hardcore play and sortie frequently, Limit Break only if you are struggling to progress.
These guidelines only apply to your main use fleets; farming fleets will have a different approach as explained in the next question. NOTE: Regardless of your playstyle, Limit Break when your ships are approaching level cap (70/80/90) to avoid losing XP. What are good fleets to use for farming? Farming fleets are designed to clear stages with as little fuel use as possible. Therefore:
Use fewer ships. The minimum is one backline and one frontline ship (1:1). Over-level your ships as level difference matters.
Use ships with no/few limit breaks since LBs increase oil costs.
Use upgraded equipment and level up skills.
Complete the stage several times with stronger fleets to lower its threat level.
Use ships of lower rarity since they're cheaper: Common (gray) > Rare (blue) > Elite (purple) > Super Rare (gold)
Use cheaper ship types. For the frontline: Destroyers (DD) > Light Cruisers (CL) > Heavy Cruisers (CA, CB). For the backline: Monitors (BM) > Battlecruisers (BC) > Battleships (BB) and Light Carriers (CVL) > standard Carriers (CV)
Popular vanguard ships: Phoenix, Leander, Cassin, Downes, Fletcher DDs Popular main fleet ships: Erebus, Terror, Nelson, Rodney, Tirpitz, Duke of York, Yorktown For high-level farming add healers (Akashi, Vestal, Unicorn, Shouhou, Ryuuhou, Arizona) and a strong boss-killer fleet. When farming for gear blueprints/ships/event points, is it better to full clear a stage or just clear enough mobs until the boss spawns? Except when getting the third star on a map, you should always go for the boss as soon as it spawns. Only the boss fleet and event elites can drop SR gear blueprints, and the boss has a chance to drop two. Only boss fleets can drop SR ships/boss-only ships, and clearing the boss fleet with an S-rank guarantees a ship drop. Killing the boss fleet is what gives points (specialized cores, core data, event points, etc.); the amount of points is bound to the map, not to the amount of mobs killed. What should I be equipping? You can try following these guides. Otherwise, use what you have. How do I get more Oil? Oil in Azur Lane is equivalent to stamina in most mobile games; your Canteen generates Oil and you can get more from mission/commission rewards. If you run dry consider running less ships in your fleets, running ships with lower rarity/fewer limit breaks and taking a break. How do I get Coins? Aside from generation via the Merchant, large coin drops come from Daily Raids and the 8-10 hour commission (costs 800+ fuel). A popular method is farming map 7-2 until all the "?" nodes appear, collecting the nodes and retreating. What should I spend Gems on? Priority list:
Dorm slots (max 5)
2nd Floor Upgrade for Dorm
3rd Tactical Classroom slot (depends on your needs)
Spending Gems on anything not listed here isn't recommended (ESPECIALLY Oil/Gold). However, it's mostly personal preference. What should I spend Medals of Honor on? Buy the featured SSR if you want heneed a duplicate for limit breaking. Otherwise, solid purchases are gold and purple Bulins (if needed), T3 Skillbooks, T2 Retrofit Blueprints (T3 if needed), PR Blueprints and Dorm food; anything else isn't recommended though your needs may vary. What are Retrofit Blueprints? How do I use them? Retrofit Blueprints are used in retrofitting and consumed in the Retrofit tree found in ship details. Note that not all ships have a retrofit. It's recommended to save your blueprints and only retrofit ships you plan on using as higher tier blueprints can be hard to come by. What is the best use of Core Data? You'll want several Oxytorps and Black/White shells, the F4U Corsairs) are currently the best fighters in the game. Other useful items include Fairey Swordfish 818) which slow enemies on hit and the Homing Beacon for synchronizing airstrikes. The Seal of the Four Gods, improves Anshan class ships but otherwise is not worth buying. All of the ships currently in the core shop are obtainable through war archives and/or aren't useful to a new player. Why can't I rank up past Captain? For Rear Admiral Lower Half and higher in addition to meeting the rank score requirement you must be high enough on the player leaderboards to rank up. For Rear Admiral Lower Half that means you need to be in the top 1000; all ranks and thresholds can be found here. When is the daily/weekly reset? [EN] Daily reset is at midnight PDT; weekly reset is Sunday at midnight PDT. How to get Akashi? Tap on her 30 times in the shop menu to get started. And you might want to hold on to 10 purple and 5 gold Sakura tech packs. How do I unlock the last few memories in X event? After clearing B3/D3/the last of the non-EX stage of the event, try beating it a few more times. How do I earn Tech Points? Tech Points are gained by obtaining, max limit breaking and max levelling (level 120) ships. You can see how many points each ship will give you in the Lab > Fleet Tech tab. As a rule of thumb big ships such as CVs or BBs will give you more tech points than little ships regardless of rarity. MLBing a ship gives you the largest amount of points out of the 3 step process; PR1 ships requirements are generally easier to meet than PR2/PR3 ships' fleet tech thresholds. How do I earn experience for research ships? PR EXP is only earned through oil-consuming PvE content with the ships specified under the EXP objectives in the Shipyard. PvP matches, Dorm EXP, Lecture EXP and commissions do not count. The EXP goals are rather large; be prepared for a long grind. Ships who are at an EXP/level cap (i.e. 70/80/90/100~120 depending on limit break, cognitive awakening or EXP hard cap) will still contribute EXP to PR EXP objectives, even if it displays +0 EXP in the combat results. What types of researches are best? Here is the list for the best researches for earning PR blueprints. There is also a list for those who are looking to grind gear blueprints specifically. Note that PR ships are an endgame goal; investing cubes and coins into research projects early on will greatly impede your progress with little benefit so free researches are a better option while starting out. What is the drop rate of X? The only known drop rate is for Akagi & Kaga; each have a 0.75% chance to drop after defeating the boss of 3-4. No other drop rates are currently known. Is X getting a rerun? Most major events get a single rerun per region. You can check the Azur Lane Wiki to see if an event has already reran on your server's region. Reruns generally occur at least a year after the event's first debut; after the rerun is concluded ships from that event will slowly come to permanent construction pools. The exception to this rule are collaboration events which - so far - haven't seen any reruns due to licensing deals. How do I get retrofit items for Sandy/Warspite/X? UR retrofit item are acquired through limited-time events. They will have reruns, if you missed them you will have a chance to obtain them in the future. What is the next big event? Is there an event roadmap? There is no known roadmap for any of the regions; big events are usually announced a week or two at most before the event itself is released.
2020.10.27 07:46 EraSwapUSE-CASES & UTILITIES OF ERA SWAP TOKEN
Use Cases Of Era Swap Utility Token Era Swap Ecosystem is a decentralized ecosystem consists of multiple utility platforms, made on Web 3.0. Web 3.0 eradicates the need to involve a mutually acceptable third-party for peer-to-peer exchanges using feasible Era Swap Blockchain Network (ESN). Era Swap Ecosystem is powered on Blockchain; it provides a trusted platform where data is encrypted using Smart Contracts. Having a separate EVM-compatible blockchain tailored to Era Swap Ecosystem improves the user experience to a higher extent. Since by design, Plasma Framework makes the Era Swap Network as secure as the Ethereum Network, the user`s fund on the network would be secure as well. Era Swap Ecosystemprovides 25+ Utilities for the community to exchange in P2P Mode using DApps built on Era Swap Network. Currently,14 Utility platforms are live and 11 are in making. The followings are the list of DApps& Utilities of Era Swap Utility Token. Time Swappers Time Swappers is middlemen free P2P Global Marketplace for freelancers, where freelancers and clients can connect and exchange services in the form of tokenized time (ES/hour). Users here don’t have to worry about extra multi-layer intermediate charges or non-fulfillment of payment, since, there won`t be any traditional contract but Smart Contract between Buyer & Seller. BuzCafe BuzCafe is a Global P2P Marketplace for Local Merchants and sellers to list their shop and connect with their customers in peer-to-peer mode. These retail BuzCafe Outlets accept Era Swap (ES) for any exchange. The buyer can simply scan and pay to transfer ES to the merchant for exchange. Swappers Wall It is a decentralized Social Networking Platform that offers a secured and rewarding platform to users, to Connect, Share, and Reward with their peers. On Swappers Wall users can get Power Tokens as a reward for their good content and uploads, this is what makes Swappers Wall more unique. Day Swappers Day Swappers is a unique affiliate program powered by Era Swap, in order to bring more people onboard on Era Swap. It is an affiliate program for Era Swap Community Members for influencing, building a circle of users, increasing usage, and user base of Era Swap Ecosystem for rewards. ComputeEx ComputeEx is a platform that made buying Era Swap (ES) simple and easy. User can simply connect their uphold wallet to ComputeEx in few steps and Buy ES using their Credit/ Debit Card. Era Swap Academy An E-Mart for Subject Matter Experts, where they can list their online courses and expertise to a worldwide audience, in a peer-to-peer mode, without any third-party interference. Era Swap users can also pay with ease with ES for Next-gen Courses of Blocklogy E-Learning like Blockchain, Intelligent IoT, Ethical Hacking, Artificial Intelligence, and Machine Learning. Era Swap Cloud ESCloud provides a decentralized network and peer-to-peer network for storing and sharing data in a distributed file system. ESCloud is a private network protocol based on IPFS where users can buy and sell unused storage using ES. The unique part about ESCloud is that you only pay for the storage you are using. It doesn’t charge you for unused storage. BetDeEx BetDeEx is a decentralized prediction platform, purely designed for user’s fun. It leverages Blockchain to make overall prediction Decentralized, Transparent, and Trustless, a place where users can predict and win by predicting on multiple categories and collection of Ongoing Predictions. Available categories are Sports, Politics, Science, Technology, Celebrities, Movies, Market, and Trending Topics. TimeAlly TimeAlly is a decentralized token vesting, it increases Era Swap (ES)count for TimeAlly Contract Holders for holding their tokens in the Smart Contract over a specified period of time. TimeAlly is a Decentralized App (dApp) which is based on a predefined set of rules using Smart Contracts to offer multiple benefits to users, govern the generation and distribution of ES Newly Released Token. TimeAlly Club TimeAlly Club is a premium circle for Era Swap Community with various membership categories. TimeAlly Club members can earn up to 5% to 13% Direct Rewards based on the slabs achieved on TimeAlly Products. The rewards structure is subject to change as per plans in the future. Era Swap Wallet It is a decentralized wallet that connects you with the complete Era Swap Ecosystem and its decentralized utilities. Era Swap Wallet supports multiple digital assets and gives 100& Control to users for their funds. Value of Farmers Value of Farmers is a single-window solution to the farming community through an easy and accessible platform, where they can connect to the global marketplace for peer-to-peer exchange. Value of Farmers is an ongoing initiative that will offer multiple unique features from Tool Swapping to Crops Price, based on emerging techs like Blockchain & AI. CertiDApp Open-source Blockchain Tool, used for issuing Digital Certificates and Online Blockchain Surveys. Any organization can opt CertiDApp to issue Online Certificates securely on Blockchain. On CertiDApp multi-purpose, customized, and multi-signature certificates can be created. Organizations or individuals can also opt for Online Blockchain Surveys,the creator can create surveys for various purpose like Market Research Survey, Brand Awareness Survey, Employee/ Customer Satisfaction Survey. Faith Minus Faith Minus is a blockchain-based multi-layer dispute resolution system for multiple utility platforms of the Era Swap Ecosystem. It`s open and transparent dispute management for all. RecyclingDApp The process of Waste Management through RecyclingDApp is simple, transparent, and honest. The participants and users will list themselves and start putting their daily waste details on Blockchain, so tracking waste will be more easier and efficient. Era Swap Guarantor There are people with money but cannot work, as well as, people who can work but do not have money. So Era Swap introduces Delegated Proof of Stake (DPoS) in Era Swap Ecosystem to counter this problem where a requester can get a Guarantor with Guarantee in P2P mode. CharityDApp It is a decentralized Charity System where users can come and do charity, simply and transparently in P2P Mode, with no multi-layer middlemen interferences. BookingDApp BookingDApp is a marketplace where one can list their upcoming events and sell tickets/ passes online to its customers in peer-to-peer mode. Date Swappers Date Swappers is a decentralized Dating & Meet-up Platform aiming to develop an ecosystem for P2P Meet-up and Social Dating, where users can list themselves and view and connect with other users across the network. RentingDApp Decentralized P2P Renting & Leasing Platform, where anyone can list their assets and rent or lease them without involving any multi-layer middlemen or third-party, using blockchain technology. PoolinDApp Decentralized peer-to-peer ride-sharing application, where vehicle owners and riders can connect with others and transact without involving or paying extra to any kind of third-party. CureDApp It is a Health & Fitness Application based on blockchain. It tracks fitness, and create peer-to-peer interaction and appointments between patient and doctor, keeps user-health records and medical reports securely on the blockchain. CouponDApp It is a decentralized application, where users can send ES Quickly over an email, in the form of a unique downloadable file. Once the receiver has received the mail, then he can simply and quickly claim Era Swap (ES) using CouponDApp. KYCDApp KYCDApp is building a blockchain-based identity system that offers multi-level verification to the entire Era Swap Ecosystem. It is a DApp introduced in Era Swap Blockchain Network for Era Swap user`s safety with the aim to follow global norms with respect to the global standards for Anti-Money Laundering (AML) and Combating Financing of Terrorism (CFT).It works like a gatekeeper to restrict the entry of scammers and imposters doing fraudulent or malicious activities. ComputeEx 2 ComputeEx part second is the Multi-Exchange Solution. ComputeEx comes with a one-stop solution to make the trading hassle-freeby fetching the best rates from different exchanges in one place. ComputeEx allows its users totrade top digital assets in major exchanges irrespective of whether the users have an account on thatexchange or not. Era Swap Decentralized Blockchain Network allows multiple cloud computing users to enter a loosely coupled peer-to-peer Smart Contract to mine Era Swap. These are the Use-cases of Era Swap Utility Token. Era Swap (ES) Holders can utilize their ES on the above-mentioned platforms, from an ecosystem which covers various day to day needs of an individual and an organization. To know more check Era Swap White Paper — eraswaptoken.io/pdf/ESN_Whitepaper.pdf Visit site: www.eraswap.life
2020.10.27 07:14 BadBrentWhat should I expect from a PS2 Slim -> Rock64 SMB -> 4TB USB 3.0 hard drive as a NAS?.
I'm just making sure I have my ducks in a row before I start this process, but because the Slim doesn't have anywhere for a hard drive besides a USB 1.1 port which isn't fast enough, I'm going to be attaching a Rock64 single board computer to the top of the console and set it up as an SMB server, and connect a 4TB USB 3.0 hard drive to its USB3 port, and then connect the two with a short ethernet cable to connect them together, and setup a script where the SBC powers down if it cannot ping the PS2 for 30-60 seconds after the console shuts down. I got the SBC for free and even have the NAS software installed and setup so that it sees the external drive, and I just want to make sure that network support for playing (my legally owned) ISOs on a Slim is just as straight forward as the old Phat systems with the SATA network adapter. I know I can use more than 2TB because of the network connection, and really I'm just looking for confirmation that this simple setup is going to be good enough for streaming games over an ethernet cable to the PS2 since I have the SBC setup as a static IP machine with guest access and read only turned off. I use a cheap aftermarket 128MB memory card as well as an original MagicGate memory card and will be backing up the memory card regularly so that I don't end up ever losing any save data, and will keep a very tiny 64 gig flash drive permanently installed in the USB port to store my *.elf files and other apps such as my mem card backup tool and other things like emulators and such (which will be added to the main boot menu once I follow the tutorial. Anybody have any suggestions for my setup, or things I should change or watch out for when putting together this setup and getting it ready to be used as it's own PS2 ISO jukebox? Thanks for any tips or help in advance as it's greatly appreciated since this is my first time modding a slim and having to add a tiny NAS into the mix. P.S. I have a huge library of PS2 titles but I keep them in the box as much as possible to keep them in mint condition. I have a few games for PS2 right now that sell for over $100 in their current condition and don't want to use them unless absolutely necessary. All of them have been ripped to ISOs beforehand.
2020.10.27 04:45 CptBlinkyLPT: If you're computer literate and willing to get your hands dirty, there are a lot of industries you can excel at, and there are actual no experience positions!
So a little back story, but not much: I was 100% a guitar player and music industry worker until I was 30, and I moved from NYC to Virginia at that point. There's no music industry in the suburbs of Washington, DC, so I did temp work. Long story short, the guy who came to install my cable modem was impressed by my computer skills, and offered me a job. this was around 2000, when computer literate workers were hard to find, and I made a lot of money. But I've been parlaying that for the past 20 years and now I'm a highly respected engineer in the electronic security industry making 6 figures, which is a far cry from the $13 / hr I was making as a temp because I knew how to use excel. Salient points: There are a lot of industries where the people who thrive have two skill sets: a) the ability to work hard as a laborer and b) technical ability. I'll list a few for your reference so you can look into them yourself, but I can tell you that talented people are in very short supply - mainly because people who know how to use computers are arrogant, and basic laborers are easy to find. HVAC: requires engineering skill, but also requires a bit of welding, and working with your hands (this is something I'm going to repeat, a lot.) The workers who will rise to the top are the ones who can not only do the work but also program the automation systems. Fire/Life Safety: Similar to HVAC but has a lot more conduit work and blends over into electrician (which is also a good trade.) You need to be detail oriented because lives are literally at stake when you're dealing with fire alarms and sprinklers. A lot to learn but a lot of opportunity. Physical Security (my trade): This one is very interesting because it combines electrician, computenetworking, and basic labor (cable pulling, drilling, hardware installation) and locksmithing. I feel this has a very low barrier of entry and a very quick possibility of career advancement. Every single company that I know is desperate for new talent, and willing to train - including my company. Telecommunication and structured cabling: This is the true entry level craft / data career. You're basically going to spend all your time pulling cable and terminating RJ-45, keystone jacks and punch panels. If you're efficient you can make good money, but there's not a lot of room fro growth unless you're a real go-getter who can make fast friends and worm your way into an IT gig. The good thing is that every project puts you in contact with an IT manager, so you have a lot of opportunities to do that. If you have a high CHA role, this might be your gig. Cable/Telephone plant work: This is different than structured cabling which is generally contract construction work. This is more along the lines of getting a job as a cable guy or telephone guy. Most large systems hire contracting companies who hire out 1099 subcontractors. That's how I got started, see above! if you can find a company that will front you the money for the tools and let you do a ride-along for a couple weeks, you're basically getting free training and a decent job. and I can tell you, it's a hell of a lot better than 7-11. but if you do end up 1099, LPT #2: PUT THAT TAX MONEY ASIDE! YOU WILL HAVE TO PAY IT!!! TL:DR: There are IT/smarts based careers with very low barrier of entry, high demand, decent pay, and room to grow... if you're willing to get your hands dirty and put on a hard hat.
2020.10.27 04:42 byhuang1992Intelligent REST API Data Fuzzing
The cloud runs on REST APIs. In this paper, we study how to intelligently generate data payloads embedded in REST API requests in order to find data-processing bugs in cloud services. We discuss how to leverage REST API specifications, which, by definition, contain data schemas for API request bodies. We then propose and evaluate a range of data fuzzing techniques, including structural schema fuzzing rules, various rule combinations, search heuristics, extracting data values from examples included in REST API specifications, and learning data values on-the-fly from previous service responses. After evaluating these techniques, we identify the top-performing combination and use this algorithm to fuzz several Microsoft Azure cloud services. During our experiments, we found 100s of “Internal Server Error” service crashes, which we triaged into 17 unique bugs and reported to Azure developers. All these bugs are reproducible, confirmed, and fixed or in the process of being fixed. https://reddit.com/link/jiu0a4/video/785nl4bg6kv51/player
2020.10.27 04:28 FutureDocOfAllTradesQuiet Update on the FDA's Investigation on DCM and Certain Diets [Link] [News]
" 09/29/2020, Kansas State held a virtual forum where stakeholders and researchers presented on the topic of Dilated Cardiomyopathy and diet. Speakers included industry members, veterinary researchers, and members of the FDA. On 10/16/2020, Kansas State distributed the materials online. Perhaps most noteworthy in the materials is an update from the FDA, though their website has remained quiet since the July 2019 release. In the opening remarks to the forum, FDA's Dr. Steven Solomon says "We have tried to be careful in our messaging, and we recognize going forward not to speak on this topic publicly unless we are clarifying information or have something substantive to share. As I have said on numerous occasions, we are not looking to put out any additional information until we have more scientific certainty. ... Although CVM’s investigation must be driven by science and our public health mission, we are acutely aware that promoting transparency and public awareness may not be kind to everyone’s bottom line. I empathize with those of you who have experienced adverse consequences in your businesses, and with those of you in the veterinary community who have had your own challenges in sharing your scientific findings and trying to determine what type of diets to recommend to your clients and their pets." What's important for pet owners to know is that these findings continue to support that there is a link between certain diets and the development of dilated cardiomyopathy. The report is now publicly available, and the FDA is reportedly in the works of determining how to most effectively communicate updates on their findings to the public. In the meantime, and in the interest of transparency, here are the highlights of what was provided at the forum:
As of 07/20/2020, the FDA has received over 1100 reports of DCM
Clinical information has been collected by Vet-LIRN for 161 dogs in order to track and characterize their recovery. Group One represents 121 of the dogs reported between 1/2018 and 8/2019. 107 of those dogs (88%) have had a full or partial recovery.
All dogs that recovered received a change in diet, and the majority also received taurine, a dietary supplement, and pimobendan, a drug that slows, but does not reverse, cardiac disease.
Recovery time for fully recovered dogs ranged from 6-12 months, with a few dogs taking 2 years
Dogs that presented with severely low taurine recovered more than dogs presented with slightly low, normal, or high taurine
Group Two represents 40 of the dogs reported between 11/2019 and 7/2020 and is preliminary data
30 (75%)dogs have recovered partially and 5 (12%) have recovered fully
Trends aligned with Group One
Taken directly from the FDA materials on diet at time of diagnosis:
"For fully and partially recovered cases on a case-based evaluation, of the 107 fully and partially recovered cases:
2 of the 107 cases did not have enough information to determine grain or grain-free exposure status, and 4 of the 107 did not have enough information to determine pulse exposure status.
98 of 105 (93% of cases) ate grain-free foods.
90% (95 of the 105 cases) only ate grain-free foods.
Of the 7 that ate grain-containing foods without eating grain-free foods:
4 of the 7 ate a vegan diet with whole peas as the first ingredient.
2 of 7 ate chicken or lamb and rice diets containing split peas.
1 of 7 ate lamb meal and rice.
97% of cases (100/103) were exposed to whole pulse ingredients in their diets.
0% of cases were exposed to diets with meat by-products or poultry by-products."
Taken directly from the FDA materials on diet fed during recovery:
"For Group One fully recovered cases – Recovery diets, on a PRODUCT basis:
96% of the reported diets fed in the recovery period are grain-containing, although 3 were “hydrolyzed protein” diets – 2 with corn starch, 1 with brewer’s rice. For this analysis, I considered corn starch a grain (or grain derivative), although it was harder to categorize. Brewer’s rice is a grain.
Only 8% of reported recovery diets had peas in the top ingredients, 4% had whole peas, and none had lentils.
Animal-source proteins: 42% of the recovery diets contained meat by-products or poultry by-products (primarily poultry by-products).
8% of the recovery diets had lamb meal, whereas 34% had lamb meal in the before diagnosis phase."
Recovery seen with a change in diet is consistent with an underlying dietary etiology to these cases. Secondary DCM is only known to resolve when the underlying cause is addressed, and the additional therapeutic measures (pimobendan and ACE inhibitors) have not been documented to reverse cardiac disease, only stabilize patients, slow disease progression, and prolong patient survival. These findings further support that some aspect of legume-rich, grain-free diets contributes to the development of dilated cardiomyopathy and underscore the need for continued research." Content from: https://www.docofalltrades.net/2020/10/fda-quietly-issues-2020-update-on-diet.html
Taken from Ben Taylor's player profiles of the top 40 players of all time on backpicks: https://backpicks.com/2017/12/04/backpicks-goat-9-wilt-chamberlain/ "We have limited film of Wilt, so piecing together his game is a matter of pairing the possessions we have with numerous journalistic accounts. He loved the left block, but didn’t work feverishly for deep post position like we might see from someone like Shaq at his apex. When he did establish deep position, Wilt was explosive and difficult to stop, either dunking or quickly wheeling for a finger roll. He also liked the fadeaway, demonstrating that he wasn’t merely a brute. https://www.youtube.com/watch?v=F0bzlu3i0Ug However, Wilt wasn’t always a fluid athlete, especially as he added muscle during his career. His footwork is the first thing that stands out on film; it was sometimes awkward and led to a number of travels or off-balance plays. https://www.youtube.com/watch?v=FfwVlFe7pjQhttps://www.youtube.com/watch?v=rbR7K79ZV-E Once he started passing more, he became black-and-white with his attack – when he received the ball in the post with his back to the hoop, he would often start in a “pass mode.” Pass-mode Wilt waited for an open cutter, and if his receivers were covered, only then would he start a deliberate scoring move. Below, he surveys briefly before setting up his fadeaway: https://www.youtube.com/watch?v=cM2rPYDI2bE This inability to simultaneously threaten the defense with scoring or hitting open players held him back as an offensive force in my estimation. In other words, he wasn’t a good playmaker. In 1966, Sports Illustrated alluded to this zero sum, baseball-like approach like this: “But the tactical demands of using [Wilt] to his best advantage severely diminish his own team’s versatility and generally create morale problems among those who want the ball as much as he does.” Wilt struggled to combine his own scoring with creation, as the best offensive players do. Additionally, his tendency to park himself on the block and remain there for the entire possession clogged driving lanes for his guards.1 As he grew older and was exposed to Alex Hannum, Wilt was a very willing passer. However the film demonstrates how teams responded to this “passing mode” differently. In 1964 (and again in 1967) Wilt was often double-teamed, and thus his passes to open cutters created a 4-on-3 power play, if properly spaced. In other words, defenses reacted to Wilt and he could create. However, on the back nine of his career, teams didn’t seem to double this action. They just let Chamberlain stand there and hold the ball.2 Wilt was then truly making a “Rondo Pass,” where he would simply wait for the other four players to materialize an opening instead of helping them create the opening. This shrank his playmaking and minimized his overall impact. https://www.youtube.com/watch?v=jEj1OjjynPY Passes like this have some value, especially when surrounded by quality teammates, but they are more like jabs, whereas creating an open shot is a power hook. Wilt also might have been turnover prone. On my most recent film-study, I tracked 47 of his post possessions and seven were turnovers (a whopping 15 percent of the time). https://www.youtube.com/watch?v=5swzqEwl1bY That’s a super small sample, no doubt, but consistent with reports like this from Sports Illustrated during the 1973 Finals: “Against Reed, who is taller, stronger, heavier and quicker than Lucas, Chamberlain’s attempts to back under the basket for his finger rolls and dunks yielded almost as many traveling calls, three-second violations and offensive fouls as they did goals.” Because of this, I wouldn’t call Wilt a “high-IQ player,” although he did have a great feel for certain game dynamics, particularly when he could survey the court. (He had a nifty behind-the-back wrap-around pass that in one highlight led to a dunk and in two others clanked off a leg or sailed out of bounds.) As his career evolved, he looked to score less and less — although he still had power and spin moves in the post — and in his final seasons, he wasn’t a focal point on offense at all. Here (in 1972), he’s in position to attack, but thinks nothing of it: https://www.youtube.com/watch?v=K_d_30CIenA In Thinking Basketball, Wilt is the case study for Global Offense. He produced unrivaled individual scoring numbers, but they did’t move the needle much for his team. It’s only when his game shifted away from volume-scoring that his team’s offenses flourished. He’s perhaps the ultimate illustration that individual offense does not automatically equate to successful team offense. https://imgur.com/zzCynqo There’s a massive negative correlation (-0.76) between Wilt’s scoring attempts and his team’s offensive rating. So, the less Wilt shot, the better and better his team’s offenses performed. I won’t rehash what’s outlined in detail in the book, but needless to say, Wilt’s skill set described in the scouting report contributed to this phenomenon; not creating for teammates is extremely limiting. Most volume scorers will taper down on good offenses, but Wilt is unique in that he completely shifts his style of play away from scoring on all of his successful offensive clubs. In some ways, Wilt was the original “Black Hole” – when the ball went in to him, it wasn’t coming out.3 To put this into perspective, we can look at his ratio of true shot attempts (TSA) to assists.4 Historically, Jordan’s ’87 scoring spree comes in at 7.2:1 and Kobe’s ’06 barrage at 7.0:1. Those are the two highest scoring seasons per possession in NBA history. Wilt’s ’61 and ’62 seasons had ratios just under 20:1, good for sixth and seventh all-time, behind such legendary offensive forces as Howard Porter (1974) and Charlie Villenueva (2015). Even 1982 Moses Malone was around 15:1, and his favorite pass was off the backboard to himself. Here are Wilt’s outlier seasons visually: https://imgur.com/6JosTlM his team’s offenses weren’t very good. Can we infer how much he was actually moving the needle for those teams? When Wilt joined the Warriors in 1960, the offense improved by about a single point per 100 possessions.5 That offense was still 2.4 points below league average (relative offensive rating, or rORtg), the first major signal that Wilt’s volume scoring didn’t automatically equate to great offense. This was inline with his lack of creation; Chamberlain scored at 21.5 points per 75 possessions that year on efficiency 3.0 percent better than league average (relative True Shooting, or rTS). For comparison, 2017 Kevin Love was 22.7 at +2.0 percent. It would counter every trend in NBA history for this kind of isolation scoring or finishing (from offensive rebounds or off-ball scoring) to automatically generate quality team offense. If we plug in turnovers for Wilt — from low percentage to high percentage — his averages during those volume scoring years were 24 points per 75, +5.0 percent rTS and about a 3 percent creation rate (3 shots created per 100), closest historically to 1981 Robert Parish, 2007 Carlos Boozer, 1981 Moses Malone and 1996 Alonzo Mourning. .When we regress lineup data from that period (WOWYR) Wilt still shows strong impact. This is because of all the excellent teams that he was a major figurehead on – ’62, ’64, ’67, ’68, ’72 and ’73. All told, Wilt’s four best teams, by far, come from his non volume-scoring years, and the last two come from his “Tyson Chandler” vintage. This arc makes sense if you remember the scouting report – he wasn’t creating easy shots for his teammates, and his propensity to park in the lane helped muck up spacing that was already mucked. (After all, he was described by SI as “an immovable object.”) Meanwhile, his willingness to pass (even those Rondo Passes) helped skilled teams, as did his occasional post move and presence as an offensive rebounder. But the major contributions came on the defensive end. There, he’s one of the greatest defenders ever, only overshadowed in his time by the greatest defender ever, Bill Russell. From the film of these seasons and from the data, we see Wilt’s tremendous impact and ability to block and alter shots while inhaling defensive boards. Finally, there’s this tidbit to drive home these trends: Most relative defenses in the postseason are slightly worse. But Wilt’s improved by 1.9 points, far more than any other all-timer. On the other hand, most relative offenses improve in the playoffs, but Wilt’s teams declined by a point…more than any other all-timer. So while a “scoring blindness” drastically overstates his offensive impact, it also masks his tremendous defensive results. He’s great, just not in the ways that the original box score predicts..."
2020.10.27 00:30 Jean_des_EsseintesDeep Dive into Facedrive (FD.V) - Short Thesis, Target $0.43
Current Price: $11.06 Shares Outstanding: 93,729,980 Market Cap: 1.037 billion TTM Revenue: 0.91 million Price/Sales: 1140x
Facedrive is a ridesharing company that is designed to incentivize and empower the green and socially responsible consumer through the use of its carbon neutral ridesharing platform. The company was founded in January 2016 by Imran Ali Khan and Junaid Razvi but only became operational in late 2018. In August 2019 Facedrive completed a reverse take-over with High Mountain Resources and listed on the TSX Venture Exchange. Since listing on the TSX-V Facedrive has also completed a number of small acquisitions to expand its offerings both in the rideshare market and other "Facedrive Verticals".
In its IPO filing statement issued 14 months ago Facedrive outlined a number of growth initiatives including:
entering the markets of Ottawa, Calgary and Vancouver by the end of 2019
entering major US markets including San Francisco, Seattle and Austin by the end of 2020
further expanding into Boston, Philadelphia, and New York in 2021, and Europe and the UK in late 2021
achieving 3% market penetration by August 2020
creating new platform offerings including commercial delivery (courier service), executive delivery (subscription service for business executives), and health care delivery (prescription delivery and patient transportation)
As of today Facedrive has only achieved one of these objectives - entering the Ottawa market. In fact Facedrive has yet to expand out of Ontario with its operations limited to the Greater Toronto Area, Ottawa, Hamilton, London, Guelph, Kitchener, Waterloo, Cambridge and Orillia. Since the beginning Facedrive has been incredibly slow in rolling out their app to targeted cities. Despite being founded in January 2016 and receiving a Toronto license in 2017 the app only became operational in late 2018. As for 3% market penetration Facedrive's gross revenue for the first 6 months of this year was $999 thousand. The rideshare market for Canada this year (adjusted for Covid) is $1.52 billion ( https://www.statista.com/outlook/368/108/ride-hailing-taxi/canada). Since Facedrive only operates in about 20% of Canada's markets, population adjusted, the current addressable market is closer to $300 million. Extrapolating Facedrive's gross revenue out to a full year would result in $2 million of revenue or less than 1% of market penetration. But what about Covid? In the 2nd Q Lyft and Uber reported decreases in rideshare billings of 69% and 73% respectively. Meanwhile Facedrive's gross revenue dropped from $999 thousand in Q1 to $147 thousand in Q2, a drop of 85%. This signals that their market penetration is actually decreasing quarter over quarter. Value proposition for riders? Facedrive's green initiative? The company began with the initiative to 1) offer electric vehicles); and 2) counter emissions from gas vehicles through an offset program. As of today there is nothing to differentiate Facedrive's offerings from its competitors as both Uber and Lyft now have electric vehicle options. There is no dedicated fleet of electric vehicles driving for Facedrive. Facedrive did donate $2,105 to Forests Ontario in Q1 2019 but there has been no mention of any offset program contributions since the company went public. The main benefit of rideshare programs is still convenience. For Facedrive to compete with Uber and Lyft they need drivers. At this point there are just not enough drivers to produce reasonable wait times. Reviews of the app consistently complain about wait times of up to half an hour. And with the green initiative not being robust enough to differentiate it from its competitors it is just not worth the time. Value proposition for drivers? Over the last year Facedrive has paid out anywhere from 75% to 83% to drivers. This is slightly higher than Uber and Lyft which average around 75%. But not enough of an incentive for a driver to use Facedrive exclusively. I expect that pretty much all of the revenue Facedrive generates comes from drivers who use multiple platforms. Conclusion: Facedrive has consistently failed to meet growth targets. Its current market penetration is less than 1% and possibly decreasing. There is no incentive for either drivers or riders to continue using the app when Uber and Lyft are perfectly suitable.
After its IPO Facedrive used a combination of cash and shares to acquire stakes in a number of other ventures which they plan to incorporate into their "ecosystem". Buzz words however do not make a company. None of these ventures generate significant revenue or offer much potential for growth so I'll only cover them briefly. HiRide This is a carpooling app similar to Poparide except no one uses it and it doesn't generate any revenue. There is also a trivia app HiQ which claims to be a social app that you can enjoy while social distancing (in your carpool?). HiQ claims to have 2 million downloads (Facedrive press releases all of the major milestones) and yet it doesn't rank in the Trivia category for both IOS and Google. I downloaded the app and played for 15 minutes. The app is beyond basic with the most elementary social element. I tired messaging some other players based on similar interests but no one responded. After 15 minutes of answering both outdated and at times repetitive trivia questions I was ranked 794th all time and earned $1. I am also 74th on the weekly list which leads me to believe the app has less than 100 active users. Reading the reviews on Google Play it is a combination of obvious fake reviews (multiple reviews showing up the same day with similar broken English) and people complaining they didn't get their money for answering the trivia questions. Facedrive Marketplace This launched in May and generated $7 thousand in revenue. The only products available are apparel from Westbrook Inc. (a content company affiliated with Will Smith). Facedrive partnered with Westbrook last year by purchasing a $1 million convertible note. In return they have the right to sell exclusive Westbrook products to their ridership. Curiously Facedrive failed to disclose at the time of the transaction that Westbrook Inc owned 192,338 shares in Facedrive at the time of its IPO. This is a recurrent theme - I give you shares, you give me shares. Facedrive Foods + Food Hwy Facedrive Foods consists of assets purchased out of bankruptcy from Foodora Canada. The cost was $500K. The assets Facedrive received were Foodora's restaurant and customer list. Customers however had to opt in through e-mail in order for their contact details to be released to Facedrive. Facedrive can not use Foodora's name nor did they acquire any of Foodora's technology. The Facedrive Foods app was developed from scratch and going by reviews it is not that good. The restaurants available are mostly second tier chains listed on pretty much all the food apps. On IOS the app is ranked #157 in the food category currently - they have no market penetration. Food Hwy is probably the closest thing to a real business Facedrive has acquired. It is another food delivery app, quite niche as it caters to the foreign student market. Facedrive paid $9.1 million in cash and shares for Food Hwy. It expects it to generate $10.5 million in revenue in 2020. No mention of profit, growth rate, or its revenue from prior years. Just an expectation. Facedrive Health Facedrive Health is pretty much an app + wearable bracelet called TraceScan. Through bluetooth technology it can determine if you have come into contact with someone who has tested positive for Covid-19. Ontario already has a contact tracing app that works through bluetooth and can be downloaded onto one's mobile phone (no need for a bracelet). The official Ontario app only has 8% market penetration despite its ease of use. Facedrive is currently running a pilot with Air Canada for their bracelets but the market for these bracelets is so limited when the free Ontario app does a perfectly fine job in 99% of interactions. Tally Technology Facedrive invested $3 million in cash and shares in this sports prediction company founded by Russell Wilson. Tally's main asset TraceMe was sold last year to Nike. Nike had no interest in the tech that remains under the Tally umbrella. All the top execs at Tally also left for Nike so it is unclear at this point what potential the remaining assets have. https://www.playtally.com Steer Holdings An electric vehicle subscription platform based out of Washington D.C. Another company on the verge of bankruptcy where Facedrive offered up $3.25 million USD worth of shares and in exchange the parent company of Steer purchased $2 million USD worth of shares - I give you shares and you buy some of them back. Again no mention of revenue, profit margins, growth rates or anything in the press release. Just a bunch of buzz words concerning the total addressable market.
Does Facedrive have the management in place to successfully take on the behemoths of Uber and Lyft? Or to penetrate fresh verticals and successfully create a socially responsible ecosystem? Junaid Razvi Co-Founder and Executive Vice President of Facedrive, Razvi currently owns 8,751,930 shares or 9.3% of Facedrive. Prior to founding Facedrive Mr. Razvi was the CEO of an IT company in the Middle East https://www.panarabia.ae . Not much else is known other than they have a horrible website. Sayan Navaratnam Current CEO of Facedrive and owns 32,395,180 shares or 34.75% of Facedrive. He assumed the position of CEO in March 2019 just prior to Facedrive's TSX-V listing application. Mr. Navaratnam at first glance has a respectable resume. He was CEO of A.C. Technical Systems, specializing in security and surveillance systems. From 2014-1019 he was the CEO Connex Telecommunications Corporation. He has an investment arm called the Malar Group which purchased control of both A.C. Technical and Connex. Between 2017 and 2019 Mr. Navaratnam and Malar also took a substantial stake in Facedrive. I suspect Mr. Navaratnam connected with the co-founder Mr. Razvi as they both worked in the IT telecommunications sphere. It appears Malar has an impressive portfolio of companies but most of them are subsidiaries of Connex. Both Mr. Razvi and Mr. Navaratnam are telecommunication and hardware experts who are trying to create a social enterprise digital ecosystem geared towards milennials. They are not millennials. Heung Hung Lee Current CFO of Facedrive. Ms. Lee has been working with Mr. Navaratnam since 2004 when she was the CFO of A.C. Technical Systems. She then became the CFO of Connex before taking the position at Facedrive. Ms. Lee has never been employed by a billion dollar corporation let alone been the CFO of one. Perhaps this position is too overwhelming as Facedrive has failed to file their last 2 quarterly financials on time. Jay Wilgar Jay Wilgar was appointed the chief strategy officer of Facedrive earlier this year. Formerly he was CEO of Newstrike Brands (cannabis company) and prior to Newstrike he was CEO of both a pharmaceutical and a renewable energy company. He has a history of building companies and selling them at opportune times. However he has no experience in technology and again has never been responsible for growing a billion dollar company. And that's pretty much it for the brains of the company.
Mr. Navaratnam's Cash Cow Prior to becoming a public company, Mr. Navaratnam was generating significant revenue for his companies by billing Facedrive for his companies' services. Mr. Navaratnam's companies under the Malar Group were responsible for not only developing the Facedrive app, but also providing customer and driver support, leasing office space, and marketing the app. Talk about an ecosystem! Here are some snippets from Facedrive's filings: As at September 30, 2019, $917,236 (December 31, 2018 - $436,626) was due to Dynalync 2000 Inc., a related company controlled by our Chairman and Chief Executive Officer. The amount owing is a result of the related company providing consulting services and product development, and the amount is included in the Company’s trade payable. The total expenses charged to the Company for the nine months ended September 30, 2019 were $1,200,300 (2018 - $397,100), which were included in research and development expenses of $702,300 (2018 - $241,300) and operational support expenses of $505,000 (2018 - $155,700). Facedrive also engages DependableIT through Dynalync, a related company controlled by Sayanthan Navaratnam, the CEO, director and co-founder of Facedrive, to provide call center services to Facedrive. Facedrive subleases office space in Richmond Hill, Ontario, Scarborough, Ontario, North York, Ontario, Toronto, Ontario, Hamilton, Ontario and Kanata, Ontario from Connex pursuant to a sublease agreement dated April 1, 2019 for $5,000 per month plus applicable taxes. Since Facedrive has gone public they have moved most of their operations in house and hired their own developers cutting off the related transactions. But what this does show is that Facedrive basically began as a vehicle for its CEO to enrich himself, not only through the issuance of cheap stock (more on that later) but also through Facedrive's expense account. Stockhouse There is a group of posters on Stockhouse that just post the same gibberish day in and day out. Their only posts are on rideshare and big tech bullboards. These are not typical Stockhouse pumpers who own shares as they show up at the same time each day and in collaboration each cover a different talking point. No rocket emojis or "to the moon" memes - just buzz terms taken from press releases spun in a positive light. And they don't discuss any other stocks. You can find some of them here https://stockhouse.com/members/shirleyarmanhttps://stockhouse.com/members/tylermathewhttps://stockhouse.com/members/xavierhttps://stockhouse.com/members/tianaahttps://stockhouse.com/members/richardsondilam Their grammar and erudition are also very similar to the fake reviews on the app stores. Stock Promotion The most egregious example of Facedrive's stock promotion is their agreement with Medtronics Online Solutions. Supposedly this is an arm lengths company and yet Google returns nothing. Pursuant to a Consulting Agreement, Medtronics provided and performed marketing and strategic consulting services for and on behalf of Facedrive. In return Medtronics received $8.2 million worth of stock or 800,000 shares. Medtronics may be responsible for not only market making services (propping up the share price) but also various paid promotion that Facedrive has been engaged in. An example, https://oilprice.com/Energy/Energy-General/The-30-Trillion-Trend-Thats-Bigger-Than-The-Entire-US-Stock-Market.html You may have also seen Facedrive heavily promoted on Motley Fool as the next Uber or Tesla or whatever is in vogue that week. Misleading Press Releases Pretty much all of Facedrive's press releases are misleading or overly promotional in one way or another. Take for example the press release announcing the appointment of Jay Wilgar. The release states, Mr. Wilgar launched renewable development firm AIM PowerGen Corporation (“AIM”) and built it and successor companies into energy projects worth approximately $2.5 billion before AIM was acquired by global renewable power firm International Power Canada (IPR-GDF Suez) in 2009 AIM was acquired by International Power in 2009 but not for anywhere near $2.5 billion. In fact AIM was acquired for USD $109 million https://www.evwind.es/2009/10/23/international-power-canada-acquires-aim-powergen-from-renewable-energy-generation/1936 Then there are the HiQ press releases, first announcing 250K downloads, then 500K downloads, then 1 million, then 1.5 million, and then 2 million. From the July 14th press release, The App has ranked Top 10 Trivia App in over 100 countries, and ranked Top 10 App in over 50 countries. Additionally, HiQ has ranked as the Number 1 Trivia App in Bolivia, Ecuador, Egypt, Nepal, and Pakistan. None of this is true. The app is lucky to have 100 active users. Furthermore there is no AI algorithm involved as is claimed nor is their any matching based on interests even though this would be incredibly easy to program. The suggested friends appears completely random.
True Value of Facedrive
Is it worth $1 billion? The market, both private and public has never valued the company anywhere near $1 billion. Since 2017 Facedrive has issued stock at the following prices (all issues are split adjusted to correspond with the current share count, and converted to CAD): 2017
4,248,012 shares at 13.7 cents
970,839 shares at 13.2 cents
22,480,113 shares at 2 cents
1,923,529 shares at 39 cents
247,299 shares at 39 cents
1,236,498 shares at 8 cents
5,427,724 shares at 9.1 cents
9,915,581 shares at 9.9 cents
2,596,653 shares at 39 cents
741,900 shares at 39 cents
4,429,555 shares at $1.58
The shares issued at $1.58 were issued in connection with the amalgamation agreement (IPO). The shares issued at 39 cents were all shares for debt transactions. Think about this for a second. 22,480,113 shares or 24% of the outstanding shares were issued at a price of 2 cents! The price today is $11.06. What has changed since these shares were issued other than Facedrive has failed to meet any growth objectives and its market penetration along with brand power has dwindled to pretty much irrelevance. Why is Facedrive trading at a $1 billion market cap? As at June 30, 2020, the Company had 85,593,657 Shares subject to contractual lock-up restrictions which will be released on a rolling basis beginning March 16, 2021. 15% of the shares will come out of lock up on March 16, 2021, and for each subsequent 3 months another 15% will become free trading until September 30, 2022 when the final 10% will be released. This leaves only about 8 million shares in the current public float. It does not take much to move the share price in either direction. Secondly, Facedrive has been promoting the stock in absolute desperation. They have enlisted an army of users to promote the stock on Stockhouse; they have posted fake reviews on both the Apple and Google app stores; they have paid for promotion in various investing publications; they have hired a mysterious marketing company to provide services in exchange for $8.2 million worth of shares. And yet they have done nothing to actually make a dent into their main competitors. Since its listing Facedrive has been more concerned with propping up its share price through stock promotion than it has been promoting its actual business to end users. But, but intangibles! There are none. There is no genius at the helm; there is no disruptive tech; there is no vision. Facedrive's best chance for success was to carve out a niche in the sustainable ridesharing market - capture the 1% of people that would be willing to wait 30 minutes for a ride in an EV. Not a billion dollar proposition but maybe something. Instead they opted for an endless dictionary of buzz words and delusions of grandeur. Conclusion So what is Facedrive's true value? The core of their operations, the ridesharing app, has made virtually no progress since it was developed in 2017. The ridesharing market is indeed a duopoly, and despite Facedrive's worst efforts to promote itself as an eco-conscious alternative it has failed to resonate with its target audience. If Uber or Lyft would be generous enough to purchase Facedrive's customer base (the tech is worthless to them) they might pay 20x net revenue or $20 million. Given that management has done nothing to grow the business and its business plan is non-existent at worst and schizophrenic at best, it is hard to ascribe any value beyond what Facedrive has paid for the distressed assets they have purchased this year. So maybe another $15 million here (being extremely generous). Then there is cash on the balance sheet which as of today given the recent acquisitions and burn rate is maybe $5 million. So $40 million total. This actually sounds like way too much money for what one is getting but it still only equals 43 cents/share. Facedrive is currently trading at $11.06. Even throwing in another $50 million margin of error would still result in a 90% return from a short position.
1,590 (51.8%) in last 7 days (Change: +462 (+7.1%))
+46,193 (~3.19% positive)
118 (+6/+3 based on Friday's post/portal data
+7 (1x 60-69, 2x 70-79, 4x 80+)
Division of top line numbers by day (where available):
Because of the reporting method, test numbers do not fully add up to the top line values
The date would refer to the date of reporting, had the Alberta website updated over the weekend
Test positive rate
People tested (approximate)
Spatial distribution of people tested, cases, and deaths:
Active Cases (Change)
New People Tested
Spatial distribution of cases for select cities and regions (cities proper for Calgary and Edmonton):
High River county
Wood Buffalo municipality
Rest of Alberta
Other Counties/Cities with 10+ active cases (change compared to Friday, if I have it recorded):
Red Deer County
Municipal District of Willow Creek No 26
Municipal District of Opportunity No 17
Town of Stony Plain
Municipal District of Spirit River No 133
County of Grande Prairie No 1
Lac Ste. Anne County
Rocky View County
No regions were removed from this list today Calgary/Edmonton Regions with 100+ active cases (change compared to Friday, if I have it recorded):
Calgary Lower NE
Calgary Upper NW
Edmonton Woodcroft East
Edmonton West Jasper Place
Edmonton Mill Woods S&E
Edmonton Castle Downs
Calgary Upper NE
No regions were removed from this list today Changes to the list of Schools with Outbreakslisted online (2+ cases in last 14 days) can be found at this link. Quick numbers:
39 schools are on Watch (+13)
62 schools have 2-4 cases (-13)
6 school dropped from the "2-4" and "Watch" list
Current list of regions under "Enhanced" measures by the province (new in bold):
Current list of regions under "Watch" by the province (new in bold):
City of Calgary (in addition to regions below)
Calgary Centre North
Calgary Centre West
Calgary Lower NE
Calgary Lower NW
Calgary Upper NE
Calgary Upper NW
City of Airdrie
City of Brooks
City of Chestermere
City of Cold Lake
City of Grande Prairie
City of Lethbridge
City of Wetaskiwin
Municipal District of Opportunity No 17
Municipal District of Spirit River No 133
Municipal District of Willow Creek No 26
Municipality of Jasper
Regional Municipality of Wood Buffalo
Rocky View County
No regions were removed from the "watch" classification. Spatial distribution of hospital usage (change based on Friday's post):
Hospitalization zone are where the patient is receiving care, not zone of residence
Statements by Dr Hinshaw: Opening Statements
"Alberta, we have a challenge", and not just Covid
Polarizing narratives of "Dive to zero cases" and "Covid is mild, so pursue herd immunity"
We are not well served by such dialogue; cannot live in fear and terror nor stop protecting the vulnerable and the health system
Must care for ourselves and our communities by preventing transmission
Cannot let Covid divide the population
But there is also a Covid-19 challenge - "We have now crossed a tipping point" and are losing the balance desired
Pressures of Cases
As Edmonton deferred surgeries to deal with pressures (Covid-19 patients in hospital, outbreaks in continuing care that prevent transfers, staff shortage, and need to treat patients with Covid-like symptoms as if they have Covid)
While trigger of hospitalizations growth isn't >5%, we need to respond, not just the metric - Covid-19 numbers tell the story clearly
Rising cases can stress key elements of Covid-19, including contact tracing (>800 individuals, with active recruitment)
Working with AHS to more effectively/efficiently notify close contacts
Changes to Contact Tracing
Effective today, if a positive case attended an event while infectious, AHS will notify the organizer and provide them with written notification they may forward to all attendees. It is requested to be sent within 24 hours of receipt
If organizer cannot send out emails, AHS will make phone calls
AHS will continue to notify close contacts who were exposed outside public/private events
Active alerts/outbreaks (1+ cases) in ~11% of schools for 680 active cases
101 schools with outbreak (2+), 39 on watch list (5+)
39 schools removed from outbreak list
79 schools with in-school transmission, 45 with only 1 new case
"These are significant numbers", but only 6% since Sept 1st have been acquired at school. It shows schools aren't a driver in transmission but that community transmission is rising school cases
While last week, R value (rate of growth) was 1.13 after voluntary measures, that has risen in recent days
Average positive rate >4%
Hospitalization in patients and other impacts are being seen and impacting services (up to 30% of non-urgent surgeries have been postponed) and will remain in place until Covid-19 demands ease
Calgary is reminiscent of Edmonton weeks ago, with rising cases and ~4% positive rate
We risk seeing the same situation in Calgary
Must limit growth and must strike the balance between Covid-19 concerns and other health issues
In the last two weeks for Edmonton/Calgary:
(1) Social gatherings are 15% of outbreaks, but make 1/3 of cases
(2) Workplace outbreaks are 15% of outbreaks and 15% of cases
(3) 1 outbreak related to restaurants, <1% of cases
Public Health Measures for Edmonton/Calgary
Effective immediately, there is a mandatory 15 person limit in social gatherings
Does not change for structured events (e.g. - dining, theatres, worship services, wedding/funeral ceremonies...)
This is chosen as there is increased difficulty to ensure hand washing and physical distancing
This is temporary and re-accessed after a month. Goal will be if reproductive value <1 and cases/day in each city is <100
Hopes it will be lifted at that time
Voluntary public health measures in Edmonton remain in place and are now in effect in Calgary:
(1) Non-medical masks strongly recommended at work unless you're in a cubicle alone
(2) Number of cohorts reduced to 3 ("core" at home, school, and one other). Childcare cohorts aren't considered as one.
Surrounding communities in Edmonton Zone are encouraged to follow while no additional measures are being implement in Calgary Zone
Knows this is going to impact many, but they are necessary to prevent further escalation
AHS will also increase inspection to ensure guidance is being followed
Knows that collective action is much stronger, but a temporary restriction is also required
"The warning bell is ringing" and people need to hear it's call
Also reviewing symptom list for school children and will update soon
Q&A - Policy
What's being done at the Calgary Correctional Centre to protect people?: Doesn't have details, but colleagues at AHS and in Calgary are working with it
Should Albertans have avoided Thanksgiving?: Important to look at evidence. Advice was to have small gatherings and outside. Critical for people to look at risk management
How will the 15 person limit be enforced?: They can occur in multiple settings (e.g. - community halls). Relying on cooperation in private settings. Complaints filed by neighbours can be investigated by Environmental Public Health, with tickets being issued (up to $1,000). Knows Albertans want to do the right thing and urges them to see it as an opportunity
Metrics haven't been crossed. Will the metrics to trigger policy change?: A metric was triggered to make recommendation: Edmonton has >120% of capacity. Whether it is a formal metric to consider is another question. Trends in Calgary are almost identical to Edmonton 2 weeks ago and don't want to see overcapacity in both places as it would limit surge capacity
Q&A - AUPE Strike
Impact on lab services from AUPE strike?: Doesn't know
Potential impact of AUPE on patient services?: Not in her jurisdiction, but notes that every healthcare worker is important
(Asked again the above question): Staffing shortages could impact services offered
How many surgeries are being postponed by AUPE strike?: Only knows Covid impact (~500 surgeries/week). Not informed about strike postponed
Q&A - Other
Spike after Halloween?: If people disregard measures, we could see it
Message to those who plan gatherings on Halloween?: This is not a normal year. Reconsider any gathering and think of having it outside and, if in Edmonton/Calgary, keep it to 15 people. Knows this is a big "ask" for 20-39 year olds, but points to possibility of spreading to vulnerable loved ones and potential "long term" recoveries
Outbreak at St Albert Retirement. Linked early September, but not listed until now. Why?: 41 case, 38 active. Doesn't have details of outbreak or why there was a delay in public statement. Notes that outbreaks at long term care are declared with 1 case but not posted publicly as no transmission was seen (and often no spread is seen).
Additional information will be logged below: Update 1 - It appears most of the deaths over the weekend were tied to known outbreaks.
2020.10.26 23:53 Tricky_TrollA Detailed Summary of Every Single Reason Why I am Bullish on Ethereum
The following will be a list of the many reasons why I hold and am extremely bullish on ETH.
This is an extremely long post. If you just want the hopium without the detail, read the TL;DR at the bottom.
As we all know, ETH 2.0 phase 0 is right around the corner. This will lock up ETH and stakers will earn interest on their ETH in return for securing the network. Next comes phase 1 where the ETH 2 shards are introduced, shards are essentially parallel blockchains which are each responsible for a different part of Ethereum’s workload, think of it like a multi-core processor vs a single core processor. During phase 1, these shards will only act as data availability layers and won’t actually process transactions yet. However, their data can be utilised by the L2 scaling solution, rollups, increasing Ethereum’s throughput in transactions per second up to 100,000 TPS. After phase 1 comes phase 1.5 which will move the ETH 1.0 chain into an ETH 2 shard and Ethereum will be fully secured by proof of stake. This means that ETH issuance will drop from around 5% per year to less than 1% and with EIP-1559, ETH might become a deflationary asset, but more on that later. Finally, with ETH 2.0 phase two, each shard will be fully functional chains. With 64 of them, we can expect the base layer of Ethereum to scale around 64x, not including the massive scaling which comes from layer 2 scaling solutions like rollups as previously mentioned. While the scaling benefits and ETH issuance reduction which comes with ETH 2.0 will be massive, they aren’t the only benefits. We also get benefits such as increased security from PoS compared to PoW, a huge energy efficiency improvement due to the removal of PoW and also the addition of eWASM which will allow contracts to be programmed in a wide range of programming languages, opening the floodgates for millions of web devs who want to be involved in Ethereum but don’t know Ethereum’s programming language, Solidity.
EIP-1559 and ETH scarcity
As I covered in a previous post of mine, ETH doesn’t have a supply cap like Bitcoin. Instead, it has a monetary policy of “minimum viable issuance”, not only is this is a good thing for network security, but with the addition of EIP-1559, it leaves the door open to the possibility of ETH issuance going negative. In short, EIP-1559 changes the fee market to make transaction prices more efficient (helping to alleviate high gas fees!) by burning a variable base fee which changes based on network usage demand rather than using a highest bidder market where miners simply include who pays them the most. This will result in most of the ETH being paid in transaction fees being burned. As of late, the amount which would be burned if EIP-1559 was in Ethereum right now would make ETH a deflationary asset!
Layer 2 Scaling
In the mean time while we are waiting for ETH 2.0, layer 2 scaling is here. Right now, projects such as Deversifi or Loopring utilise rollups to scale to thousands of tx/s on their decentralised exchange platforms or HoneySwap which uses xDai to offer a more scalable alternative to UniSwap. Speaking of which, big DeFi players like UniSwap and Synthetix are actively looking into using optimistic rollups to scale while maintaining composability between DeFi platforms. The most bullish thing about L2 scaling is all of the variety of options. Here’s a non exhaustive list of Ethereum L2 scaling solutions: - Aztec protocol (L2 scaling + privacy!) - ZKSync - Loopring - Raiden - Arbitrum Rollups - xDai - OMGNetwork - Matic - FuelLabs - Starkware - Optimism - Celer Network - + Many more
DeFi and Composability
If you’re reading this, I am sure you are aware of the phenomena which is Decentralised Finance (DeFi or more accurately, open finance). Ethereum is the first platform to offer permissionless and immutable financial services which when interacting with each other, lead to unprecedented composability and innovation in financial applications. A whole new world of possibilities are opening up thanks to this composability as it allows anyone to take existing pieces of open source code from other DeFi projects, put them together like lego pieces (hence the term money legos) and create something the world has never seen before. None of this was possible before Ethereum because typically financial services are heavily regulated and FinTech is usually proprietary software, so you don’t have any open source lego bricks to build off and you have to build everything you need from scratch. That is if what you want to do is even legal for a centralised institution! Oh, and if you think that DeFi was just a fad and the bubble has popped, guess again! Total value locked in DeFi is currently at an all time high. Don’t believe me? Find out for yourself on the DeFi Pulse website.
NFTs and tokeniation
NFTs or “Non-Fungible Tokens” - despite the name which may confuse a layman - are a basic concept. They are unique tokens with their own unique attributes. This allows you to create digital art, human readable names for your ETH address (see ENS names and unstoppable domains), breedable virtual collectible creatures like crypto kitties, ownable in game assets like Gods Unchained cards or best of all in my opinion, tokenised ownership of real world assets which can even be split into pieces (this doesn’t necessarily require an NFT. Fungible tokens can be/are used for some of the following use cases). This could be tokenised ownership of real estate (see RealT), tokenised ownership of stocks, bonds and other financial assets (which by the way makes them tradable 24/7 and divisible unlike through the traditional system) or even tokenised ownership of the future income of a celebrity or athlete (see when NBA player Spencer Dinwiddie tokenized his own NBA contract.)
Ethereum is by far the most widely adopted blockchain by enterprises. Ethereum’s Enterprise Ethereum Alliance (EEA) is the largest blockchain-enterprise partnership program and Ethereum is by far the most frequently leveraged blockchain for proof of concepts and innovation in the blockchain space by enterprises. Meanwhile, there are protocols like the Baseline protocol which is a shared framework which allows enterprises to use Ethereum as a common frame of reference and a base settlement layer without having to give up privacy when settling on the public Ethereum mainnet. This framework makes adopting Ethereum much easier for other enterprises.
One of Bitcoin’s biggest things it has going for it right now is the growing institutional investment. In case you were wondering, Ethereum has this too! Grayscale offers investment in the cryptocurrency space for financial institutions and their Ethereum fund has already locked up more than 2% of the total supply of ETH. Not only this, but as businesses transact on Ethereum and better understand it, not only will they buy up ETH to pay for their transactions, but they will also realise that much like Bitcoin, Ethereum is a scarce asset. Better yet, a scarce asset which offers yield. As a result, I expect to see companies having ETH holdings become the norm just like how Bitcoin is becoming more widespread on companies’ balance sheets.
The state of global markets
With asset prices in almost every asset class at or near all-time highs and interest rates lower than ever and even negative in some cases, there really aren’t many good opportunities in the traditional financial system right now. Enter crypto - clearly the next evolution of financial services (as I explained in the section on DeFi earlier in this post), with scarce assets built in at the protocol layer, buying BTC or ETH is a lot like buying shares in TCP/IP in 1990 (that is if the underlying protocols of the internet could be invested in which they couldn’t). Best of all, major cryptos are down from their all-time highs anywhere between 35% for BTC or 70% for ETH and much more for many altcoins. This means that they can significantly appreciate in value before entering uncharted, speculative bubble territory. While of course we could fall dramatically at any moment in the current macro financial conditions, as a longer term play, crypto is very alluring. The existing financial system has shown that it is in dire need of replacing and the potential replacement has started rearing its head in the form of crypto and DeFi.
Improvements in user onboarding and abstracting away complexity
Ethereum has started making huge leaps forward in terms of usability for the end user. We now have ENS names and unstoppable domains which allow you to send ETH to yournamehere.ETH or TrickyTroll.crypto (I don’t actually have that domain, that’s just an example). No longer do you have to check every character of your ugly hexadecimal 0x43AB96D… ETH address to ensure you’re sending your ETH to the right person. We also have smart contract wallets like Argent wallet or the Gnosis safe. These allow for users to access their wallets and interact with DeFi self-custodially from an app on their phone without having to record a private key or recovery phrase. Instead, they offer social recovery and their UI is straight forward enough for anyone who uses a smart phone to understand. Finally, for the more experienced users, DApps like Uniswap have pretty, super easy to use graphical user interfaces and can be used by anyone who knows how to run and use a browser extension like Metamask.
The lack of an obvious #1 ETH killer
One of Ethereum’s biggest threats is for it to be overthrown by a so-called “Ethereum killer” blockchain which claims to do everything Ethereum can do and sometimes more. While there are competitors which are each formidable to a certain extent such as Polkadot, Cardano and EOS, each have their own weaknesses. For example, Polkadot and Cardano are not fully operational yet and EOS is much more centralised than Ethereum. As a result, none of these competitors have any significant network effects just yet relative to the behemoth which is Ethereum. This doesn’t mean that these projects aren’t a threat. In fact, I am sure that projects like Polkadot (which is more focused on complimenting Ethereum than killing it) will take a slice out of Ethereum’s pie. However, I am still very confident that Ethereum will remain on top due to the lack of a clear number 2 smart contract platform. Since none of these ETH killers stands out as the second place smart contract platform, it makes it much harder for one project to create a network effect which even begins to threaten Ethereum’s dominance. This leads me onto my next reason - network effects.
This is another topic which I made a previous post on. The network effect is why Bitcoin is still the number one cryptocurrency and by such a long way. Bitcoin is not the most technologically advanced cryptocurrency. However, it has the most widespread name recognition and the most adoption in most metrics (ETH beats in in some metrics these days). The network effect is also why most people use Zoom and Facebook messengeWhatsApp despite the existence of free, private, end to end encrypted alternatives which have all the same features (Jitsi for the zoom alternative and Signal for the private messenger app. I highly recommend both. Let’s get their network effects going!). It is the same for Bitcoin. People don’t want to have to learn about or set up a wallet for alternative options. People like what is familiar and what other people use. Nobody wants to be “that guy” who makes you download yet another app and account you have to remember the password/private key for. In the same way, Enterprises don’t want to have to create a bridge between their existing systems and a dozen different blockchains. Developers don’t want to have to create DeFi money legos from scratch on a new chain if they can just plug in to existing services like Uniswap. Likewise, users don’t want to have to download another browser extension to use DApps on another chain if they already use Ethereum. I know personally I have refrained from investing in altcoins because I would have to install another app on my hardware wallet or remember another recovery phrase. Overthrowing Ethereum’s network effect is one hell of a big task these days. Time is running out for the ETH killers.
Ethereum is the most decentralised and provably neutral smart contract platform
Ethereum is also arguably the most decentralised and provably neutral smart contract platform (except for maybe Ethereum Classic on the neutrality part). Unlike some smart contract platforms, you can’t round up everyone at the Ethereum Foundation or any select group of people and expect to be able to stop the network. Not only this, but the Ethereum foundation doesn’t have the ability to print more ETH or push through changes as they wish like some people would lead you on to believe. The community would reject detrimental EIPs and hard fork. Ever since the DAO hack, the Ethereum community has made it clear that it will not accept EIPs which attempt to roll back the chain even to recover hacked funds (see EIP-999). Even if governments around the world wanted to censor the Ethereum blockchain, under ETH 2.0’s proof of stake, it would be incredibly costly and would require a double digit percentage of the total ETH supply, much of which would be slashed (meaning they would lose it) as punishment for running dishonest validator nodes. This means that unlike with proof of work where a 51% attacker can keep attacking the network, under proof of stake, an attacker can only perform the attack a couple of times before they lose all of their ETH. This makes attacks much less financially viable than it is on proof of work chains. Network security is much more than what I laid out above and I am far from an expert but the improved resistance to 51% attacks which PoS provides is significant. Finally, with the US dollar looking like it will lose its reserve currency status and the existing wire transfer system being outdated, superpowers like China won’t want to use US systems and the US won’t want to use a Chinese system. Enter Ethereum, the provably neutral settlement layer where the USA and China don’t have to trust each other or each other’s banks because they can trust Ethereum. While it may sound like a long shot, it does make sense if Ethereum hits a multi-trillion dollar market cap that it is the most secure and neutral way to transfer value between these adversaries. Not to mention if much of the world’s commerce were to be settled in the same place - on Ethereum - then it would make sense for governments to settle on the same platform.
ETH distribution is decentralised
Thanks to over 5 years of proof of work - a system where miners have to sell newly minted ETH to pay for electricity costs - newly mined ETH has found its way into the hands of everyday people who buy ETH off miners selling on exchnages. As pointed out by u/AdamSC1 in his analysis of the top 10K ETH addresses (I highly recommend reading this if you haven’t already), the distribution of ETH is actually slightly more decentralised than Bitcoin with the top 10,000 ETH wallets holding 56.70% of ETH supply compared to the top 10,000 Bitcoin wallets which hold 57.44% of the Bitcoin supply. This decentralised distribution means that the introduction of staking won’t centralise ETH in the hands of a few wallets who could then control the network. This is an advantage for ETH which many proof of stake ETH killers will never have as they never used PoW to distribute funds widely throughout the community and these ETH killers often did funding rounds giving large numbers of tokens to VC investors.
Finally, while I may be biased, I think that Ethereum has the friendliest community. Anecdotally, I find that the Ethereum developer community is full of forward thinking people who want to make the world a better place and build a better future, many of whom are altruistic and don’t always act in their best interests. Compare this to the much more conservative, “at least we’re safe while the world burns” attitude which many Bitcoiners have. I don’t want to generalise too much here as the Bitcoin community is great too and there are some wonderful people there. But the difference is clear if you compare the daily discussion of Bitcoin to the incredibly helpful and welcoming daily discussion of EthFinance who will happily answer your noob questions without calling you an idiot and telling you to do you own research (there are plenty more examples in any of the daily threads). Or the very helpful folks over at EthStaker who will go out of their way to help you set up an ETH 2.0 staking node on the testnets (Shoutout to u/superphiz who does a lot of work over in that sub!). Don’t believe me? Head over to those subs and see for yourself. Please don’t hate on me if you disagree about which project has the best community, it is just my very biased personal opinion and I respect your opinion if you disagree! :)
ETH 2.0 - Huge scaling and better tokenomics.
EIP-1559 and ETH scarcity - ETH issuance will be super low and could go negative in the coming years.
Layer 2 Scaling - Literally dozens of different solutions/projects. Many of which are live on mainnet now.
DeFi and Composability - Money legos and open source code allowing for fast development and unprecedented innovation in the world of finance.
NFTs and tokenisation - Tokenise everything. No, seriously.
Institutional Adoption - Ethereum has the most enterprise partners (EEA) + the Baseline protocol is bullish AF.
Institutional Investment - Grayscale investments now owns 2% of ETH supply and growing. With institutional adoption comes awareness of the benefits of being an ETH holder and staker. ETH will complement the growing trend of companies holding Bitcoin.
The state of global markets - Crypto is just about the only asset class not at an ATH and the system Ethereum wants to replace is looking very broken.
Improving UX and abstracting away complexity - Human readable addresses and smart contract wallets which even your mother could use.
The lack of an obvious #1 ETH killer - No ETH killer clearly sticks out from the rest. This makes it hard for one of them to create a big network effect.
Network effects - Ethereum has by far the largest network effect and as Bitcoin has shown us, the network effect is extremely important.
Ethereum is the most decentralised and provably neutral smart contract platform - Super secure under ETH 2.0, no more tolerance of DAO like forks and a neutral platform for adversaries like the US and China to transact on so that they don’t have to trust each other’s banks.
ETH distribution is decentralised - Years of proof of work have put ETH in the hands of many. ETH supply is more decentralised than Bitcoin.
The community - Super duper mega friendly. Shoutout to the kind folks the EthFinance daily!
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2020.10.26 22:48 No-Entertainment-924Epic Games Download Throttling
I've seen many posts (some recent and some from years ago) about people having issues throttling downloads in Epic Games launcher - so thought I would offer the solution When throttling downloads, it is calculated in KB/s (Kilobyte per second) and not in kb/s (kilobits per second) - upper case vs lower case. In Australia (not sure about other countries) internet bandwidth is gauged in Mb/s (Megabits per second) The difference is substantial
1 bit = 1 unit of data (A.K.A a binary = 1 or 0)
1 byte = 8 bits (8 1s or 0s)
1 kb = 1000 bits
1 KB = 1000 bytes or 8000 bits
1 Mb = 1000 kb
A lot of people assume (due to not understanding the above difference) the Epic Game launcher uses the same download speed abbreviation as their ISPs - so when typing 2500 into the throttling textbox, they assuming this is limiting their connection to 2.5 Mb/s But in actual fact if you set the limit to 2500 KB/s, you are limiting the speed to 20 Mb/s (20 Megabits per second) If you are running a regular NBN connection in Australia, we could assume your average download speed during on peak times is 20Mbs and 40Mbs during off peak times. The difference in calculation of bit vs byte will mean you either use 100% of your internet bandwidth during on peak or you use a little over 10% of it Note: The Epic Games download speed indicator is incorrectly calculating current downloads. It appears their calculation is off by the same factor (bit vs byte). So when downloading, if you want to check your throttling is working, your best way to check is to log into your router - most recent generation routers have some form of bandwidth monitor. Alternatively you could download a 3rd party tool. I don't know of any off the top of my head, but I'm sure you could find a write up about one using the search
I was thinking about posting this for a while, and decided that now is the time that i show off one of my most worked-on builds. This is one of the most powerful builds on any of my ships. The survivability alone on the ship makes it extremely durable. The shields on the ship are so strong, they can take a Borg tachyon beam like nothing. It's taken me around 3 years to make this build, and i've proud of it. It might seem unconventional, but i'm not aiming for top DPS standards, i'm trying to make it as canon as possible, and it turned out very well. I thought i'd upload it here just for kicks to see what anyone thinks.
The High Templar
Tzenkethi Theme Build
[ "Image Description" ]( "Image Link here" )
Advanced Hull Capacity
Advanced Shield Capacity
Advanced Energy Weapon Training
Advanced Projectile Weapon Training
Advanced Impulse Expertise
Advanced Targeting Expertise
Advanced Defensive Manuvering
Advanced Shield Regeneration
Advanced Shield Hardness
Advanced Weapon Amplification
Advanced Weapon specialization'
Advanced Long Range Targeting
Advanced Hull Penetration
Advanced Shield Penetration
Improved Tactical Readiness
Total of 46 of 46 Points
Skill Tree Unlocks
Points to unlock
Unlocks After 2
Training Manual: Mine Dispersal Pattern: Beta III
Training Manual: Tactical Team III
Training Manual: Cannon: Rapid Fire III
Unlocks After 5
Sector Space Travel Speed
Unlocks After 7
Training Manual: Attack Pattern: Omega III
Training Manual: Mine Dispersal Pattern: Alpha III
Training Manual: Torpedo: High Yield III
Unlocks After 10
Maximum Shield Capacity
Projectile Critical Damage
Unlocks After 12
Unlocks After 15
Energy Critical Chance
Unlocks After 17
Training Manual: Torpedo: Spread III
Unlocks After 20
Unlocks After 24 (Ultimate)
Unlocks After 25 (Ultimate)
Unlocks After 26 (Ultimate)
Unlocks After 27 (Ultimate)
Skill Tree Information
Designed for maximum tactical prowess, and significant durability.
The build is oriented for a Tzenkethi theme [Diffusive Tetryon]. The build has a focus on Damage and Tanking, as the ship is extremely durable.
Tzenkethi Tzen-tar Dreadnought Carrier [T6-X]
[ Starship Beautyshot ]( Insert Image Link here )
Fore Weapons: 5
Advanced Diffusive Tetryon Dual Heavy Cannons Mk XV
Epic, Tzenkethi Resolve 1/3
Advanced Diiffusive Tetryon Dual Beam Bank Mk XV
Epic, Tzenkethi Resolve 2/3
Advanced Diffusive Tetryon Torpedo Launcher Mk XV
Epic, Tzenkethi Resolve 3/3
Diffusive Tetryon Dual Beam Bank Mk XV
Wide Arc Diffusive Tetryon Dual Heavy Cannons Mk XV
Aft Weapons: 2
Trilithium Tricobalt Torpedo Launcher Mk XV
Very Rare, Lots will disagree that putting a torpedo in the back slot will hamper DPS, however, the torpedo is here for the 2-piece set for the speed.
Incontrovertible Defenses 4/4, The most important part of this build
Red Matter Capacitor
Moving this to inventory
Beacon of Kahless
Moving this to inventory
Engineering Consoles: 2
House Martok Defensive Configuration Mk XV
Epic, gives good bonuses to hull and shield cap, plus power and turn rate
Reinforced Armaments Mk XV
Epic, Decent engineering console, only here for that very good flight speed
Science Consoles: 4
Shell Shock 1/3
Voth Power Subcore
This is a good shield console with a flat 30% Shield Resistance bonus based on Hull capacity, and some shield capacity. Many have said that Hull Image Refractors is more powerful, which is agreeable, its shield bonuses will far more be powerful here.
Emitter Refocuser Mk XV
Tetryon Damage, Shield restoration. Epic. The most disposable console out of all of these.
Exotic Particle Focuser Mk XV
Epic, two [ShHP] modifiers for twice the amount of shield hitpoints
Tactical Consoles: 5
Biased Configuration Modulator Mk XV
Epic, Tetryon Damage, All Damage, Turn Rate
Peripheral Refraction Array
Shell Shock 2/3
Vulnerability Locator Mk XV [Tetryon]
Vulnerability Locator Mk XV [Tetryon]
Vulnerability Locator Mk XV [Tetryon]
Universal Consoles: 1
Shell Shock 3/3, Other Universal Console slot has a Vulnerability Locator
Elite Shuk-Din Frigate
Decent hangar pet, not the greatest
Elite Shuk-Din Frigate
Officers and Crew
Bridge Officer Information
Officer 1: Lieutenant ( Tactical )
Tactical Team I
Attack Pattern Delta I
Officer 2: Lt. Commander ( Science )
Hazard Emitters I
Hull heal/debuff cleanse
Science Team II
Subspace Vortex III
Just here to fill a spot
Officer 3: Lt. Commander ( Eng/Cmnd )
Overwhelm Emitters I
Shield heal, Shield drain. Not very good
Emergency Power to Weapons II
Weapon power, EWC
Suppression Barrage I
Officer 4: Ensign ( Engineering )
Emergency Power to Shields
Shield Heal, Shield Resistance, Shield Power
Officer 5: Commander ( Tac/MW )
Torpedoes: Spread I
Will instantly eradicate shields of most weaker opponnents with the torpedo
Beams: Fire at Will II
Cannons: Rapid Fire II
Attack Pattern Omega III
Damage Resistance, Damage, Flight Speed
Officer 6: [rank] ( [profession] )
Duty Officer Information
Character, Reputation, and Starship Traits
Personal Space Traits
You or your teammates getting kills will grant you a short-duration damage and accuracy rating boost. Whenever you or a teammate kills something: +5% All Damage for 10 sec +5 Accuracy Rating for 10 sec (Effect stack up to 3 times)
Context is for Kings
Each second while in combat, if you did not take damage in the past second, you gain a damage bonus. Otherwise, you gain a boost to your Damage Resistence Rating. Each second while in combat: If you did take damage in the past second: +3 All Damage Resistence Rating for 10 sec If you did not take damage in the past second: +1% Bonus All Damage for 10 sec
A percentage of your outgoing Cannon damage is returned as healing to your forward shield facing.
+10% Maximum Hull Hit Points
Terran Targeting Systems
+15% Critical serverity, incoming critical hits reduce speed by 10% for 5s (max once per 15s)
While in combat, gain 1 stack of Repair Crews every 5 sec (up to 5 max). Per Stack: +5 All Damage Resistance Rating +5% Hull Repair Rate
No Retreat, No Mercy
-25 Damage Resistance rating against damage to the rear arc, +25 Damage Resistance rating against anything outside the rear arc
+2% All Damage per Team member (Self included), up to 10%
Firing a torpedo will provide a stack of the Super Charged buff. This buff provides a boost to directed energy weapon damage, critical hit chance and critical severity for a short time. This buff stacks up to 3 times.
The Ruin of Our Enemies
Will probably put in a better form of CD
Emergency Weapon Cycle
Activating Emergency Power to Weapons provides a reduction in weapon power cost and grants a boost to weapon firing speed for the duration of Emergency Power to Weapons
Attack Pattern Delta Prime
Improves Attack Pattern Delta so when the target of your Attack Pattern Delta is hit, the target gains bonus Critical Chance and Critical Severity.
15% Maximum Shield Capacity, 12.5% Tetryon Damage with Weapons. Reduces Cooldown of Momentum Manipulator, Peripheral Refraction Array and Protomatter Barrage by 60 seconds. Every 3 sec, restore 2% of Max Hull per Ally within 10 km.
Decent set, the bonuses aren't very large, but the consoles have good passive bonuses.
+30 Kinetic Damage Resistance Rating. +30% Tetryon Damage, +40% Maximum Shield Capacity. 20% Flight Turn Rate, Activating a Cannon Bridge Officer Abilitiy applies 7.5 Shield Power Setting for 10 sec.
Extremely powerful Shield/Tetryon set.
42,901 Fore, 64,352 Aft, 47,191 Left and Right
Very strong. Hard to break, but can if Borg tachyon it for too long, but they can come back up fast.
Global Critical Chance
Global Critical Severity
EPS/Power Transfer Rate
Hull Regeneration Rate
This build is incredibly powerful, but i would not recommend just anyone try it out. The build specifically works best with Tzenkethi ships as they have large shield bonuses. Putting too much shield boosts into a ship with low hull can be disasterous and is not recommended. The build may be unconventional, but is actually quite effective in game.
Hey Hello everyone, I am working on a paginate feed for my app. I have a function that fetch my feed page by page from a rails server. When my component is mount everything is Ok, the first page of my feed is store in my redux state. But when i tried to change pages, My rails backend correctly send data to my app, but my component keep displaying the same thing and the redux state doesn't change . If i try to change my page a second time, my state my component display the state sended from my first change of page. Here is my code:
2020.10.26 21:14 0m4ll3y99% Literacy and Yet No One Can Read: Diving into a Megapost's Citations
We’ve all seen the megaposts and effort posts characterised by their sea of authoritative blue links. Hell, I’ve written quite a few myself. I do generally try to actually read what I’m writing about however. Unfortunately, not everyone seems as rigorous. As an example, I’m going to pick on this particular post. I’m not looking to “debunk” the claims, nor to discredit every argument; the bar is much, much lower than “adding nuance” or “providing context” - we want to see if the claim that is made actually exists within the citation.
The linked source is 154 pages of study (including appendix) about post-Soviet Russian wealth inequality. Does the source support the claim that “after socialist industrialisation… Russia grew faster than the rest of the world”? Does the source even discuss this claim? The closest it comes to is this:
According to the best available estimates, Russia’s per adult national income was stagnating at about 35-40% of Western European levels between 1870 and World War 1. Tsarist Russia was a poor and illiterate country. The ratio between Russia and Western Europe [meaning Germany, France and Britain] rose spectacularly to as much as 65% in the aftermath of World War 2. This reflects the modernization strategy followed by the Soviet state after the Bolshevik revolution—based on rapid industrialization and mass investment in basic education—as well as the mediocre growth performance of Western countries during the 1914-1945 period. Russia’s relative position then reached a plateau and stagnated at about 55-65% of Western European levels between 1950 and 1990.
The paper, focused on wealth inequality in post-Soviet Russia, does not look at growth rates against “the rest of the world”. The Soviet Union did have very impressive growth at times, and there are abundant sources on this topic, nevertheless the linked source doesn’t discuss the claim at all.
The claim is that after the Soviet Revolution nutrition quality went up. The source is about calories per person from 1960-1995. Three important things here:
Calories are not a measure of nutrition quality
We have no information in this source about pre-Soviet Revolution nutrition (or even calories), and the dataset doesn’t even start until 43 years after the revolution. We cannot say “it was not till” if we have literally no information provided on pre-Soviet nutrition.
This is quite similar to the above. The graph starts at 1970. What did GDP look like before this? There are plenty of sources that will show this, so it is curious they chose an utterly useless source for their claim. To make the claim that GDP “took off” after socialism was “established” we need to see the turning point and compare pre-socialism to post-socialism. Again, this is actually quite easy to do, so why have they instead linked to this image? Have they even opened it?
Emergency medical care is rendered by emergency stations (departments). As of January 1, 1983, 4,627 stations were functioning, staffed by some 40,000 physicians.
I do not believe this is the correct figure to be cited, as it only looks at emergency stations. Furthermore, with an estimated population of 270,000,000 in 1982 this leads to only 1.4 physicians per 10,000 population. Although data is hard to find on this stat, World Bank data shows many countries having over ten times this rate as early as the 1960s. The article makes no claim about the Soviet having the highest of anything. However, following the cited article is another journal article which includes a useful statistic, from 1984:
There are approximately 700,000 physicians in the Soviet Union, resulting in a physician/patient ratio of 266/100,000, compared with 158/100,000 in the U.S.
26.6 physicians per 10,000 patients is just over half the 42 physicians to 10,000 patients noted in the comment, and I remain unsure of where that number came from. Was 26.6 physicians per 10,000 the highest in the world? The article makes no such claim. Data from the Israeli Medical Association places Israel as having >30 physicians per 10,000 people in 1984. So to recap:
They link to the wrong article - they haven’t noticed because they haven’t read the source
The likely correct source provides figures around half their claimed number
That figure is not the highest physicians to patient ratio
This claim has circulated hundreds of times for at least three years, with apparently none of the circulators deciding to check the number even though the copy-paste tells them how to get access to it.
А что с собственным сельским хозяйством? Опять же похвастаться нечем: в мире производительность росла с 1960 года, в СССР с конца 1970-ых рост производительности замедлился, всё больше отставая от среднемировых темпов What about agriculture? Again, nothing to brag about: world wide productivity grew from 1960; from the late 1970s in the USSR, productivity growth slowed down, increasingly lagging behind the global average
This source does not mention anything about “buying grain instead of growing it”. What does the actual source of the graph say?
...in the second half of the twentieth century, when the rest of the world was enjoying ample food supply and the industrial countries were even burdened by surpluses, in the USSR “[the] food problem [was], economically and politically, the central problem of the whole five-year plan.” ...Thus, food shortages continued, and the problem of agriculture remained a central national issue.4 And justifiably so: a study of agricultural production in the twenty-year period 1960-79 found that “total factor productivity in [climatically comparable] non-Soviet areas is between one and a half and twice that of the USSR.”5 Subsequently it was even suggested that inflated food subsidies were one of the major causes for the collapse of the Soviet regime in 1991.
It is interesting that the source for their claim is about the stagnation and poor productivity of the Soviet Union, however our OP does provide an explanation for this stagnation: they stopped growing grain and started buying it. Do either of our two sources mention anything about “buying grain instead of growing it”. No. I’m not entirely sure when the Soviet Union supposedly started “buying grain instead of growing it.” In 1972, the United States subsidised the sale of 10 million tonnes of grain to try and prevent famine in the Soviet Union - an incident known as the Great Grain Robbery, but I’m not sure that is what our OP is trying to draw attention to.
Increase in QOL
Study demonstrating the steady increase in quality of life during the Soviet period (including under Stalin). Includes the fact that Soviet life expectancy grew faster than any other nation recorded at the time. https://www.jstor.org/stable/2672986?seq=1
“Any other nation recorded at the time” seems to be a misreading of “the improvement in Soviet life expectancy has been more rapid than for any other listed country” The listed countries are:
Soviet life expectancy improvement was indeed very great from 1900-1950 (187.5%), but a quick look at Our World in Data shows similarly large changes in a number of countries in the same period:
Their second source talks about the introduction of fees in higher education in the 1940s. I think it is fine to characterise Soviet education as free, but just on top of every other terrible citation I needed to point this out.
2020.10.26 21:09 smallstreetgains/r/stocks - Top Trending Data on 2020-10-26
Top trending tickers, sentiments, and options on /stocks for the day of October 26, 2020.
Bulls / Bears
100.00% / 0.00%
88.89% / 11.11%
Advanced Micro Device
88.24% / 11.76%
75.00% / 25.00%
71.43% / 28.57%
100.00% / 0.00%
Exchange Traded Fund
88.89% / 11.11%
100.00% / 0.00%
Exchange Traded Fund
75.00% / 25.00%
Exchange Traded Fund
75.00% / 25.00%
Exchange Traded Fund
100.00% / 0.00%
50.00% / 50.00%
Alibaba Group Holding
80.00% / 20.00%
80.00% / 20.00%
100.00% / 0.00%
The Walt Disney Compa
100.00% / 0.00%
100.00% / 0.00%
Exchange Traded Fund
100.00% / 0.00%
100.00% / 0.00%
100.00% / 0.00%
The Coca-Cola Company
100.00% / 0.00%
Overall Market Sentiment: Bullish Comments Searched: 1532 Newly Trending Tickers: None ──────────────── You can view all top trending tickers on /RedditTickers. Notice an error or have questions? Reply to this post or message smallstreetgains. Financial data provided by finviz.