If cartoons in ads for vices (Camel Joe, etc) are banned because they target children, why is the State of PA allowed to use the talking groundhog to promote gambling? It's wrong.
If gambling ads during live sport are going to be banned, then both Melbourne Storm (and to a lesser extent the Rabbitohs) may have a problem...
Have a quick look here Major sponsor for Melbourne Storm: Crown Resorts... Major sponsor on the 'alternate' South Sydney jersey (conveniently hidden in the photo by the player's crossed arms: Crown resorts. If there's a blanket ban on gambling advertising, then surely that will apply to promoting Crown Resorts as well?
Can Valve please start banning these accounts that are holding the "most popular" page of the Dota 2 Workshop hostage for their ads for gambling sites?
Players are going to gamble whether jagex allows it or not. Banning gambling only gives room for large gambling websites to profit off this game through RWT. It's time jagex added an official gambling method in the game.
You know which websites I'm talking about. They're raking in tens of thousands of dollars in profit from running these websites - and it's all thanks to jagexs ban on gambling. These websites make so much profit by having a houses edge- meaning, over time, they are mathematically most likely to profit from gambling, while their users are most likely not to profit. There will always be a large audience that wants to gamble their in game wealth in runescape. My solution- Add a new game in the games room called dice roll. By default the chances are 50/50, but players can change this. Players can put items at stake just like the duel arena. Just like that, the biggest RWT websites are dead overnight
I heard you guys like reading patch notes... So how about a fake one?
General / QoL
Dark Mode is now available as a setting and on by default. We also tied down the guy (who wrote the flashingly bright note about seizures) in a opthalmic speculum, in a dark room while opening and closing the said bright note for 3 hours.
Light Mode uses grayish / genshin-impact-blue color scheme.
Users can now map keys in settings.
New user center setting : Allow Teyvat Times to publish my in-game alias (not username) and last 4 digits of my UID (When you set a world record of hunting fowl and etc.)
Added setting for persistent aiming mode. If turned on, your character will try to get back to aiming mode even when you dash or you are knocked back.
Going in and out of aiming mode is now much smoother. You can still dash, cast skills and still keep the cursor on. Inspired by Tombraider? Idk why I wrote this.
When crafting an item and you run out of materials for it, the item selected stays in place and will not scroll all the way down.
When choosing characters for the abyss, the preview button to see which enemies you will face is also there.
When finishing an abyss floor, you can return to the abyss menu without ending the "run" to collect rewards or browse around.
Fixed a bug with sucrose/xinqiu bonus materials when crafting.
Fixed a bug with razor's c1 constellation not increasing his damage and not displaying a buff indicator.
All buffs are now grouped/stacked by icon category, attack/defense/regen etc. Hovering the cursor in the grouped icon will display verbose info. (e.g. thrilling dragon tales, character talent, gouba pepper etc).
Daily Login Bonus is permanent.
Claim All and Repeat Buttons are now available in Blacksmith, Battlepass, Expeditions and the Like.
VA/CV list is displayed instead of current selected voice language in character details. (e.g. if you go to a character screen, and have english voice language, you will only see english voice actor and you have to change language just to find out who the cn and jp voice actor is)
Hide ui/hud setting and dedicated hotkey is added for creating fan-made cinematics.
Unless it is an artifact or a weapon, an item previously recorded and consumed will no longer display as "new"
Added shield bar on top of health bar
Added party icon on the top right ui and a dedicated hotkey to switch parties
Added hotkey to switch to your saved Comps 1 to 4
Resin is now always visible at the top of UI (without needing to open up the map)
Moved UID a bit further down by 2px so it doesn't overlap with the buttons
Changed UID Opacity by 75% and has grayish text color, inspired by "windows is not activated"
Added a space character on the launcher download text (e.g. "Downloading75%" into "Downloading 75%")
Bonus damage from element-affected status (e.g. "deal 15% increased damage against cryo affected enemies" are enclosed in parentheses
Expedition Slot Remembers Last Character Used
Expedition Slot Remembers Last Hour Used
All map objects are navigatable for consistent experience. and are not overridden by quests. You will always be directed towards the one you choose.
Navigated Map Object Always Display Their Distance and Light Beacon (e.g. Leylines not having those)
Added enemy weakspot zones with varying degrees (green,orange,red) in the adventurer's handbook, if you kill 150 of a certain enemy type. Humanoid types generally have the head as a weakspot.
Fraction of Fraction of a bullet time effect and a red particle glows when you hit the weakest spot of an enemy.
Reading and Clearing Story/Voice Lines syncs across all devices you own.
Statues' Remaning Healing Energy now Visible on the Tower Itself. Dat Glowy thingies deplete when you use them.
Statue's First Healing Tick Revives Fallen Characters by 10hp%. Second Healing Tick is Full Restoration or until Remaining Healing Energy Allows it.
Critical strike Indicator
Enemies in the handbook are dynamically arranged by type , then alphabetically. All hypostasis are lined up.
All enemies are displayed in the handbook regardless of what region you currently are.
Journal (J) is now binded to (F1), since this is where you look commissions for rather than the Adventurer Handbook (F1)
Journal , Handbook and Archive are compressed and combined.
We bought a time machine and went back to the time when we did the hypostasis event. The last challenge in the event is now a new hypostasis after the three old hypostasis.
Andrius's Boss Fight is now properly a Trounce Domain, For consistency with other weekly boss.
Changing a Team Member in your active roster won't override that slot in your saved team comp
Active Roster and Saved Team Comps are now a seperate thing
Selecting a Saved Team Comp will replace the Active Roster (so you can replace one member before "deploying")
Clicking Deploy in a Saved Team Comps will immediately send you back to the game
Switching Party Members is smoother than an oiled tits smooth, regardless of network latency. Especially in Single Player Mode.
Resource and Player Position in the map has better visual clarity. (Imagine klee collecting wolf berries or philly mushrooms)
Option to adjust map size , and resource/player icons.
PC , map pin size collision reduced. If I clicked Taishan Mansion, I meant Taishan Mansion.
Mora , Artifact Limits and etc always visible in inventory screen regardless of which tab you are on
Blacksmith remembers the quantity of ores you refine
Adventurer's Handbook remembers the last filter you used when browsing enemies (all, elite ,boss)
Adventurer's Handbook points you the next enemy you are hunting (when you kill 1 ruin guard, you dont have to open handbook again to see the next one in the map)
Adventure's Handbook knows ALL of the elite enemy locations. The list seem to be manually added instead of dynamic, possibly due to chest concealment similar mechanic. If you hunt ruin guards, I think the book only lists 4 of them in the whole map.
Gameplay
Training dummy added near favonius hq. You have to do a story quest and spend resource to have it constructed.
Enemies now have a difficulty rating. The higher the difficulty rating is, the higher character xp/gold they will provide. XP scales off your adventure rank level. Extra Large enemies have a guaranteed chance to drop 1-4* artifacts. They will respawn longer as a consequence. It doesn't make sense that a huge lawachurl and smol hilichurl both give 20xp.
First and Second Dash now have different color indicators.
If you used 2 dashes consecutively, a subtle glow/indicator pops around your character for when you are able to dash again. Inspired by Deadcells.
Added Treasure Compass for Dragonspire.
All excess anemoculus/geoculus/dendroculus and crimson agate can now be traded in the antiques shop.
Treasure Compass will automatically change depending on what region you are on. If you don't have a treasure compass for that region, it will remain unchanged from what is the last equipped.
Treasure Compass search radius is increased region wide. It will point the "nearest" treasure chest's direction. The color of the direction changes the farther you are.
Treasure Compass will now consider puzzles as treasure, and display a different indicator. It won't tell you what steps to take to open it, though.
Added a domain for gladiator and wanderer's troupe artifact sets. Artifact drop rate from world bosses are FURTHER reduced. Weekly boss artifact drops are unaffected.
Prototypes will now drop at least once in the last weekly boss you face, if you are unlucky. The chance to acquire multiple prototypes within a week is unchanged. Drop rate is reduced consequently.
World Boss Artifact Drop Rates are now visible in the adventurer's handbook.
Prototype Drop Rates are now visible.
Domain Artifact Drop Rates are now visible.
1-3* Weapons are now craftable. They will require a shit ton of ores and materials. Cold Steel for instance will require 200 pieces of mint.
Added 6 new craftable weapons. Of course it will require prototypes you f2p piece of shit.
Craftables, Shops and Loot have higher priority versus signboards and npc.
Monsters and Enemies have higher priority (when attacking or casting skills) versus ores and flaming/freezing flowers and other resource objects.
You can now equip up to 3 gadgets.
New Action : long pressing a gadget opens up Gadget Wheel to switch gadgets without opening the inventory. Gadget goes into long cooldown.
Domains now consider your condensed resin before saying you are out of resin.
After completing a domain challenge, The start challenge object will respawn in the center of the arena. Game will no longer go into a loading screen. This is for the console peasants.
When claiming domain challenge rewards, it also displays how much condensed resin you have (so you know you can still do 1 more, or gtfo) when it asks if you want to continue or leave
Anemo Hypostasis will die if you manage to collect all the orbs, for a more consistent experience with other hypostasis.
Weekly boss timers are now consistent. (Some have none , some at top, some at bottom)
Dvalin's Mini Cutscene will hold your altitude (if you are gliding) when it triggers
Childe's Mini Cutscene is now automatically skippable (named "skip when already viewed once" found in settings).
Food is now sortable by type.
When choosing a revival food, the icon sizes are reduced and displayed in a grid rather than a long line. When in single player mode it slows down time. Like witcher 3 or tomb raider.
MRE can now hold all types of food, up to 3 slots.
You can long click/hold the MRE button and switch the food it holds. Goes into long cooldown.
Charged Longsword and Bow Attacks (for claymoreless comps) will now allow you to mine ores more effectively. This affects rock shield wall hilichurls as well.
No one uses claymore charged attacks, even with stunned enemies. Claymore charged attacks now deal increasing damage the longer it was charged uninterrupted. You will get staggered and take more damage as a consequence. The last attack of a charged attack deals more damage and wipes half of the planet's population.
Constellation can now be toggled on/off
Gacha / Shop
The first cheapest crystal top up (60+60) has been buffed to (80+80) crystals. We realized it wasn't even enough for a single pull and we laughed until our sides hurt. As a tiny token of goodwill this will retroactively affect everyone who purchased this item for n amount of times the person has purchased this item.
All in-game currencies (primo/fate/genesis/future except mora) are always displayed in the topright corner when wishing and shopping.
Pity Counter. When it reaches 75 it glows like christmas.
Gifting of purchase is now possible. In the case of chargebacks , the gifter gets banned. Gifts can only be sent after 60 days of purchase, and usable by the recipient after a week. Maximum of 1 gift per month.
Gifter must have a track record of >= $20 of purchase within the last 3 months.
Gifting is a sensitive topic. Chargeback scams fucks up game companies, banks and third party payment platforms.
Purchase history and total is added to track expenses.
Gambling addicition reminders when you rage spend. Also alerts a mhy employee when huge purchases are being made in error. It displays a huge red alert on the employees screen.
In Consideration
Reworked Elemantal Mastery to also increase Elemental Skill Damage by 25% (base, some current/future characters might interact with less or more) of your total Elem Mastery. Consequently, Skill Damage from Attack Ratios are lowered. Think of ad/ap ratios in League of Legends.
Character skills to deal compound damage of physical+element when using a weapon (e.g. diluc smash bouncing off pyro slimes, despite his big sword being sharp and shiny)
Items
Wind Catcher Gadget now refills with anemo energy particles.
Prototype Aminus/Archaic's proc cooldown refinement is restored. (Used to be 15/14/13/12/10)
Boar Traps are now craftable and equippable as a gadget. You can leave it up to 48 hours to check if you caught something.
Cast net are now craftable and equippable as a gadget. Can be used to catch multiple fish and crystal flies.
Crab Traps , can be left in the wild for 48 hours and catches 3 crabs per trap.
Inflatable balloon for safe swimming. Requires anemo slime materials.
Portable towers no longer expire.
Portable towers max deployed count is increased up to 5.
Condensed Resin can now be used on World Boss
Condensed Resin cap increased to 5.
Artifact Inventory Limit increased to 5000.
Weapon Cooldown Indicator displayed as status icon (sacrificial sword, archaic, etc)
Seelie Companions give 1% passive bonus CharXP(Blue), CompanionXP(Purple), Mora(Gold)
Crafting Table no longer consumable
Portable Cooker no longer consumable (requires fuel , 1 fire stamen = 3 uses)
Portable Warmer no longer consumable (requires fuel , 1 fire stamen = 3 uses)
Items mined are ores
Refined ores are ingots
Option to refine Magical Crystal Chunk without resin, but with immensely increased cost and time
Coop
You can see the general direction and how far an ally is like in pubg.
In-game voice chat for random players in matchmaking
Battlepass / 12 Episode Anime
Battlepass can now have excess points up to 3000xp , for the times when you do your reputation bounty and missions earlier before the next battlepass comes out.
When a new Battlepass starts, it starts on mondays , so no mission gets left out. All excess days until the next new-battlepass-monday are dynamic and flexible.
When using a condensed resin in a domain, it counts as 2 domains cleared in the Battlepass
Cooking ingredients (sugar, bacon, cheese, etc) counts as cooking in the Battlepass
You don't need to switch tabs in the battlepass when using claim all. Clicking claim all, claims all.
New battlepass campaign for 12 episode anime. Milestones are displayed on website and forum. Sales earned are transparent in game and website. Inspired by dota 2 international.
Percentage of battlepass campaign sales will go to anime funding.
Having at least 1 season of anime puts mihoyo in the "mainstream" status in the leagues of Fate, Princess Connect, Grand Blue etc. It solidifies the IP.
Quests
Option to abandon story quests (restart from scratch) to prevent blocking of coop
Repeatable Quests Ideas below. Coop and matchmaking is enabled. 15~30 minutes long, walking pace. Not mandatory for daily activity/event/battlepass for people with little time to play. Gives worthwile rewards (3 pieces of adventurer's wit, 5k mora etc)
Long escort caravan mission, from Mondstadt all the way to Liyue. From Springvale to Liyue. People and Caravan must survive. Enjoy the beautiful world of Teyvat, optional pit stops, coop chat/discord, region guard checkpoints and enemy ambush. Multiple client routes available. Go through dragonspire for a shorter, but more dangerous path. Get harassed by Fatui at borders. Board a ship and load the caravan. Get checked by Border Patrol for smuggled goods and diseases.
Repeatable Town defense without towers. Defend the Town from hordes of invaders. Something fun with coop.
Fatui and Friends Battle Royale. All npcs and doors disabled. You and the fatui bots duke it out. Healing only comes from special food that you pick up. Matchmaking enabled.
Beach Defense. Prevent the Fatui from invading the coastline. Your friends rain arrows from starsnatch cliff.
Beach to Mondstadt/Springvale goods escort services.
Elemental Reactions
Vaporize's Steam deals aoe damage
Overloads damage (electro->pyro) now deals x1.5 (pyro) damage
Overloads damage (pyro->electro) now deals x2 (pyro) damage.
Overload's knockback decreased significantly
Superconduct's damage (electro->cryo) now deals 2x (cryo) damage
Superconduct's damage (cryo->electro) now deals 1.5x (cryo) damage
Superconduct's negative armor debuff is moved to Melt
Melt gains the negative armor debuff due to the sudden temperature change, making surfaces brittle.
Melt damage consequently reduced. (pyro->hydro) at x1.4% , (hydro->pyro) at x1.8%
Geo New Reaction : Smoldering Rock or something (pyro->geo)(reverse not applicable) deals x0.3 (pyro damage) on top of crystallize
Geo New Reaction : Mud or something (hydro->geo)(geo->hydro) deals x0.1 (geo damage) on top of crystallize, slows enemy movement
Geo New Reaction : Snow or something (hydro->geo)(reverse not applicable) deals x0.2 (cryo damage) on top of crystallize, slows enemy attack speed
Geo New Reaction : Seeds or something (dendro->geo) deals x0.1 (dendro damage) on top of crystallize, restores 3% of your hp. Or entangle. Prevents enemy movement (can still attacc and cast spells)
Enemies
Enemies inside domains and abyss have their return-to-spawn-point-then-regenerate-to-full-health disabled.
Enemy AI a bit smarter. Those with mobility skills (whopper, smol geovishap, cycin mages) won't follow you to drown in the water. The game will not check if you are wet , but if you are in a swimming state.
Hydro Abyss Mage's and Hydro Fatui Gunner's Hydro Barrier now takes the same damage rate/ratio from opposing elements (cryo,electro) for consistency.
Hydro barrier new opposing element : Geo. It makes it harder to maintain the water shield due to the mud soaking up the water and adding weight.
Boss Childe's Spirit Whale Attack generates water in the sides of the arena, pushing you towards the center. You must have enough stamina to keep dashing to the sides before he does this, or you will have to perfectly dodge the spirit whale attack.
Hydro SamaChurl now heals at a rate of +300/HoT per AR Milestone instead of percentage. This is for when you are hunting a LawaChurl Bounty that is near dead and healed to full health in 3 seconds. Having a fixed amount of healing ensures that it is big enough for the intended smaller enemies and portionally good enough for large enemies. The other option is to use different healing ratios for small and large enemies.
Queen of Pain , I mean Cycin Mages have a stagger window when they are about to cast their almost-undispellable shield
Zed , I mean Shadow Fatui Agent makes use of his shadows to dodge your attack sometimes.
Smol Geo Vishap now drops less geo shields
Smol Geo Vishap now uses his rolling attack near you, not 150m away from you.
Smol Geo Vishap now burrows a bit less frequently
Ruin Hunter doesn't stay in the air up and raining artillery forever , in consideration of bowless comps
Fatui Cryo and Hydro Gunner Turn Rate Reduced by 10% when on Spray Mode.
Primo GeoVishap now has a tired/exhausted animation, instead of standing still and looking at you and what life could have been for 10 seconds.
Primo GeoVishap spin attack now has a 0.2 dodge window (previously none) and Spin Radius Decreased by 100m.
Characters
Dvalin's Cutscene when you dispel his barrier is removed and much smoother. He just falls in place and no clipping.
Character's "Main Stat" is now visible in attributes. Previously you can only know it when ascending or when using google, or if you really have a big brain.
All characters passive talents are now combat related.
All characters now have their own cooking/exploration/crafting/smithing talents. It is possible not to have OR have multiple talents in each category. We get it , everyone can taste what a good gravy is, but not everyone can make a good gravy.
Ayaka
Alternate sprint binded to a different hotkey.
Yes I came from the future.
Albedo
Elevator can be activated to go up and down by using the F key.
C2 stack counter / indicator via particles (think of razor geo sigils)
C4 plunged attack covers albedo's sword in geo energy (like noelle, but smol)
C6 crystallize shield has a different shape (leaf)
Amber
Increased ultimate radius by a tiny bit.
Allow targeting of ulimate by holding the ultimate button.
If baron bunny is present in the ultimate radius, it will absorb all pyro damage and deal it as bonus damage when it blows up.
If baron bunny was "charged" with pyro rain and hit with a C2 charged shot, it will trigger a micheal bay explosion animation.
Barbara
Restored Barbara's Energetic Voice Lines
New Lines sold seperately as Dark Barbara™ , comes with a Dark Dress
C6 Revive indicator is now visible as a buff.
C4 now generates flying energy particles instead of instantly regaining energy. Mind you that this is a fucking nerf to this piece of shit healer that freezes you. It's just that there's no flying particles when you use this hero.
Beidou
Casting the elemental skill applies a strong taunt and re-initializes enemies attack loop.
Bullet Time effect added when triggering a perfect counter, when playing in single player mode.
The ultimate's chain lightning deals tiny spark damage if it didn't jump.
C2 chain lightning has a different color.
C4 buff is triggered when you do a perfect counter (Taking damage to activate a skill promotes bad gameplay)
C4 perfect counter grants the maximum damage bonus
C4 shield has a different color.
C6 has aura on the ground (inspired by Dota 2's Necrophos , but purple)
Bennet
C6 Ultimate pyro infusion just adds pyro damage to your attacks, and won't convert them fully into pyro.
C6 Ultimate restores up to 100% hp.
Childe
Improved manly posture when in aiming mode
C4 Riptide slash and flash uses different coloparticles/animation
C6 has an indicator when it works and when it is available
Chongyun
Cryo Field's Cryo infusion just adds cryo damage to your attacks, and won't convert them fully into cryo.
Diluc
What seriously? You really want more?
Fuck this guy in particular
Elemental Sword Duration Indicator added
C6 his flames has some bluish tint
Diona
Fixed shield duration bug and increased by additional 1.1 seconds per claw.
Shield ratio based off max hp increased by 10%
C2 reduces skill cooldown by -2 seonds (press) and -4 (hold). The coop shield is added by default out of the box. Anything coop should not be locked behind a paywall because it will hurt the game and fanbase.
C4 has been reworked to grant normal and aimed uncharged shots 25% chance to deal charged attack shots.
C6 radius is increased and uses a different color.
Fischl
Ultimate now deals tiny bit of damage per 0.2 seconds tick when making contact with enemies (aside from getting hit by lightning once)
Ultimate can fly/pass through thorn walls. I'm looking at you Dendro Samachurl.
Shadow Raven Let Night F---!!!
C4 Ultimate hp restored now scales off damage dealt by the ult.
Ganyu
holding the elemental skill allows you to aim and won't make you backdash
C4 Freezing Field changes color intensity per damage increase
C6 free frost charged arrow now works with normal unaimed attacks.
C6 uses a different particle color. Sometime it turns into a bazooka.
Jean
Reduced Increased swaying of boobs by a tiny amount while holding the skill. You can kinda feel them slapping against your face. You can almost describe their softness and warmth in a minimum of 10 pages apart from you going sommelier describing how deep her sweat tastes like.
Jean's Charged Attack Launch Height is too damn high that you cant even hit the enemy, so - Reworked Jean's Charged Attack : Holding the attack button launches the enemy in the air. If you keep holding it down you will perform 3 slashes in the air. If you let go early you will stay on the ground.
Base Attack Increased by +5
Jean can now pick up the slimes dropped by enemies and use it against them for a bighead move
Ultimate radius is increased
Ultimate Wall Mechanic Reversed. Enemies are now trapped inside. When you use your skill (usually to regain energy) you can air-wall slam them. Block Projectiles from outside.
If any of you actually played jean support, a normal person would use ult to heal, cast skill to regain energy, then switch back to other characters. It doesn't make fucking sense to push them outside your wind arena because you want to fight inside the swirl/healing zone.
Ultimate swirls every 0.2 seconds , depending on what elements are inside. Field Changes Color Each Time Like a Disco Ball
Ultimate now slowly succs enemies to the center(without lifting them up)
Ultimate Damage is consequently reduced.
C1 Uses a different colored windblast
C2 Buff Indicator
C4 uses a different color wind field
C6 Ultimate is now an aura and moves with you. To break away from "buffed area" convention.
C6 Ultimate will get you to keep the windsaber for the ult's duration
C6 Shield Buff Indicator via Particle and Status Icon
Kaeya
Base attack incresed by 5
Elemental Skill (Hold) Sprays Ice , think of Igni but Ice in Witcher 3 or DND's Burning Hands
C2 Icicles light up when you defeat an enemy indicating that it really works
C4 Barrier is of different shape
C6 uses a different icicle particle for bling purposes
Keqing
Aiming mode feels a lot smoother. You can aim while moving and cursor immediately shows and the kungfu pose is only done when throwing the stilleto.
When in single player mode, casting your ultimate produces a bullet time effect.
C4 Buff Indicator
C6 Description is confusing as fuck.
C6 Buff indicator
C6 Makes your sword light up like a lightsaber.
Klee
Imroved Torch/Bonfire/Campfire and the likes Lockon (if there's any to begin with)
Throwing Jumpty Dumpty provides 0.1s iframe during her spin
Ult is now no longer greedy. Pyro satellites remain when you switch characters, making our lovable klee open up for support options. Child support.
C4 is now manually triggered, Pressing q again will make her explode, bigger damage based off remaining duration. less duration left, less damage.
C6 klee uses different bombs
Lisa
A lingerie shop is opened in Mondstadt to change her pantsu, socks and garter belt style and colors. Black Leather Tight Suit™ Sold Seperately.
Option to wear glasses as a Librarian added.
Climbing voice volume is re-mastered in asmr microphone, in all languages.
Requires "i am of legal age" consent in the user center
Elemental skill (press) aoe slightly increased.
Base attack increased by 15.
Mona
Alternate dash is now binded to alt key.
Hydro Puppet now deals half damage upon cast and half damage upon explosion.
C6 normal attacks use a different attack animation.
MC (Anemo)
Palm vortex can be casted in midair to break your fall (but not propel you up)
MC (Geo)
When you overlap geo boulders (aimed mode) it will trigger the geo explosion of the older rock, then replace it with a new one
Ningguang
Holding the skill button surrounds her in mini jade screens , unable to perform any action until it is released or ends. Useful for cinematic stuff. Imagine tanking childe's whale attack. Or someone wants to recreate triple rashomon scene.
C6 has a chance to use different attack animation.
C6 star jade now resembles a primo gem.
Noelle
Elemental Sword Duration Indicator added
C1 heals have a special effect and voice line when conditions are met.
C2 upgrade uses a different charged attack animation.
C4 uses a different barrier color
C6 upgrade uses different ult (possibly red with the same hue as her skirt) color.
Qiqi
C2 reworked as -15% attack debuff
C4 reworked as -20% elemental resistance debuff
C6 cooldown/availability indicator.
C6 has a different bling/color
Razor
Transformation Duration Indicator added
C1 increased damage now really works
C1 now has a buff indicator that it really works
C2 now has a special crit indicator
C4 armor shred now has a (claw mark) armor shred indicator that it really works
C4 (hold) has increased damage so it doesn't feel left out. It also has electro explosions similar to when you mine an electric ore as a special effect to indicate that you are C4 and have a big PP.
C6 covers your sword with electricity (like diluc) when it is charged and ready
Yes I play razor a lot.
Sucrose
Fixed crafting bug not producing any bonus when using large quantities (say 100+)
Improved lock on when blowing off dandelion flowers. Idk how she keeps missing them even at point blank range, Hell , at any given range.
C1 if you overlap the wind nukes the second one will be a 0.1s delay then it will go off with a slightly bigger radius
C2 ult has a different color
C4 has an indicator that it works
C6 buff indicator
Venti
Wind current generated by skill (hold) allows him to fall slower without gliding, and allows him to shoot wind lasers. Ehe
C2 Charged Shot produces a bullet time effect when shot at point blank or if all 3 arrows hit a single enemy. Sometimes he draws the holy lyre and it transforms into a primitive shotgun.
C4 buff indicator.
C6 uses different vacuum color
Xiangling
Ultimate deals additional damage when cast at point blank because you get stab and bonk while she is twirling her spear.
C2 last attack leaves a flaming trail special effect (inspired by kyo or iori from king of fighters)
C6 upon cast, Xianling automatically does a speed-up full normal attack combo and then releases the pyronado normally (while covered in flames or some shit). If you are in single player mode and there are no other enemies within 150 radius the ult will cause the screen to black out, like in legend of legaia.
C6 during the ultimate if it contacts with gouba's flames it produces micheal bay effects while raining carpet bombs and shit.
Yes flat is justice.
Xingqiu
Floating Swords Duration added
Fixed crafting bug not producing any bonus when using large quantities (say 100+)
C4 Allows you to hold the elemental skill for double backflips (inspired by law from tekken) cooldown is 1 month.
C4 Elem Skill leaves a faint rainbow (when ulted)
C6 Swords emit faint rainbow color. Rainbow power motherf-
Xinyan
Hitting large enemies counts as 2 enemies.
C1 buff indicator
C2's level 3 shield has some bluish flames
C6 charged attack uses a diffent attack animation or has an indicator that it works
Xiao
Transformation Duration Indicator added
C2 now leaves a trail of anemo energy that deals tiny bit of damage , trail lasts for 1 second and deals at 0.2s intervals.
C6 plunge attack counts large enemies as 2.
C6 plunge-attack-no-cooldown-empowered-dashes uses a different particle color and produces a bullet time effect when used for the 3rd time onwards. useful for cinematic purposes
C6 during the bullet time you can sneak in a normal attack once per dash
Bullet time is always disabled in multiplayer
Zhongli
Increased pillar aoe by a tiny bit
Generates energy particles per pulse, maximum of 1 enemy per pillar
Base attack increased by 5
Travelers can redeem promo code "WHOSYOURDADDY" for additional +5 damage, regardless if they have the hero or not.
Attack ratios increased by 3% per attack category.
C1 has a slightly bigger dong eherm statue
C4 Chaos Meteor errrr I mean Order Meteor has a different rock color
C6 shield uses a different color , come on you get the drift already.
C6 Meteor is affected by the element of the barrier you are wearing. The element is dealt as secondary damage, primary damage is still geo. (flaming space rock?)
Why different coloparticles/animation when you have C1-C6 upgrade?
It makes whales feels special, and it gives F2P players something to aspire for. It makes you want to spend with all the bling. Particle recolor is easy peasy and can be deployed within minutes. Attack animations on the other hand are time consuming. It almost always put smile in people's faces when a whale shows up in a ferrari. "Dude check this out a C6 GeoDaddy joined my domain run. Look at the size of his statue. Oh my what a BIG meteor."
Why are you doing this?
It's just for my amusement. I'm still adding random thoughts now that 1.3 has launched. I don't care if nothing gets implemented. I would nut hard in my shorts with QoL and alleged bug/bugfixes mentioned in this post more than anything.
Afterword
Leave your thoughts below. Sorry and not sorry for the broken engrish , feel free to copy and paste whatever, use it wherever idc as long as it doesn't annoy or harm someone. Translate it in your language etc. No credits needed etc. Let your mind flow
After-Afterword
Thanks for the awards and all kinds of reception
You guys are awesome and insane that's a shit load of awards thank you.
Going to be editing this with info as I come across it. Please DM me if you have anything to add. Many of you have reached out and I've complied a lot of evidence. I realize now that these pumps originated in Discord groups, but this is something I am still actively looking into and won't be including here. Users of wallstreetbets (and also places like Stockwits, amcstock, and Youtube chats) attempted a coordinated pump on AMC (& GME) today, Feb. 3rd. These comments are still avaible. The fact they are still up and that I found them very easily means that the mods are not able to moderate their community well enough to stop coordinated pumps. There is not evidence that shows the mods were in on coordinated pump, but the fact that they were unable to stop it taking place shows that the subreddit has grown far too big to be managed by a team of 35 mods. There is evidence that some mods owned both AMC and GME, and it is possible they held these shares while the coordinated pump was happening in threads they were supposed to be moderating (proof of GME ownership at the bottom). Coldcutcombo69 was mod on WSB during the AMC coordinated pump. Here is them claiming that they were a mod on WSB. This image of mods before and after the day of the pump confirms they were a mod during the AMC pump-and-dump. Coldcutcombo69 posted a picture of them having a sell order on their AMC stock that never hit, making it possible they owned AMC shares during the coordinated pump. Coldcutcombo69 also posted some kind of DD thread about AMC two days ago, promoting the stock here. The content of this post has been removed. This post promoting AMC was made while Coldcutcombo69 was a moderator. Coldbutcombo69 was a moderator during the AMC coordinated pump. They are no longer a moderator as of the time of this post, only a few hours later. They confirmed this here. A WSB mod was posting comments and threads promoting AMC while possibly still holding AMC shares, and a pump-and-dump occurred in the daily threads that they (along with others) were supposed to be moderating. turdled is currently a WSB mod. They said, "We don't comment or promote trades. That's up to the subscribers and their upvotes/downvotes to decide." View it here. turdled's claim was false. Coldcutcombo69 had been a moderator for 25 days. During that time they posted comments and threads promoting AMC, while providing evidence that they actually owned AMC shares. A moderator (who may command more respect in a community of 8.5 million people) promoting a stock is wrong, and the mods clearly believe that is the case since they said they don't do it. But at least one of them did. It could be that Coldcutcombo69 was removed because they were promoting AMC, but they had been doing this for days and were only removed a few hours ago. ZJZ (a well known moderator) posted this today and was removed as a mod. The head mods also removed more mods, cutting the number of mods from from 62 mods to 37. Coldbutcombo69 was cut from the mod team at this time. It seems very suspicious to me that the head mods removed a bunch of mods from their positions after the events of today, especially because one of those ex-mods had been promoting AMC so much while being a mod. Note: there is some kind of extended purge happening within the mod team right now. The mod team started at 62, then was cut with ZJZ to 37, then 36, now it's down to 35. EDIT: Two new mods have been added, bringing the count back up to 37. One of them tried posting something in a WSB thread, but their comment was deleted by the auto-mod because they have never posted in WSB before. Here is some proof of what's going on there. ZJZ has exposed that there are bad actors on the mod team, using their power on the sub to try and make cash off movie deals and crypto scams. This at least adds weight to the points im raising in this thread. EDIT: There was a thread on WSB by a moderator trying to explain what happened with the mod team. You can see that thread here. There is a lot of push back in the thread. The mod's claim is that the profit from the movie deal would have been given to charity. This may not be true, as Discord logs show another mod asking what their profit will be from the movie deal, asking "What's our cut.". Infighting with the mods seems to be a continued issue with a mod changing the subreddit description from the classic "like 4chan found a bloomberg terminal" to this. This change was instantly reverted. MOD UPDATE 2/4: It seems that the moderator team has changed again. 23 mods now remain. OPINION_IS_UNPOPULAR is now listed as the most senior mod, and they have allowed this thread to stay up. The mod reports that the Reddit admins have stepped in. Statement from Reddit admins, according to OPINION_IS_UNPOPULAR: "After reviewing this situation based on input from both current and past moderators, we have decided to remove several moderators at the top of the list that were creating instability in the community." Source. NEW INFO: I've also been sent a good amount of evidence from multiple people indicating these types or coordinating buying and selling schemes were happening on places like Youtube, Twitch, and Discord. All of these groups seem to be composed of WSB/WSB spinoffs users. These users would spam hash tags, spam and raid Twitch channels, and coordinate these social media pushes with timed buying and selling of GME/AMC/BB/NOK. It is possible (and looks likely to me) that the timed pumps you see below were organized by a Discord group. I have collected a lot of evidence on this front, but this evidence of the real organizers of the pump is something I might have to pass along to someone who is more experienced at dealing with this stuff. The AMC Pump Here is evidence of the coordinated pump by users on WSB. The coordinated pump effort occurred in the daily thread, but also spilled out into some posts. Note: I have yet to see any comments/posts that moderators made showing them participating in the coordinated pump effort. It is not known if they knew about these comments or not. "AMC 1 pm LET FUCKING GO" - WildPhoenix55 58 upvotes. Posted around 12:00 PM CST. Not removed as of 8:40 PM CST. "AMC 2 DA MOON @ 1PM EST" - OutlandishnessOk4137 Posted around 12:00 PM CST. Not removed as of 8:40 PM CST. "watching that 1pm movie" At 1 PM, we’re going to the Moon! Get ready! 🚀 🚀 🚀Discussion *Note that this thread was 6 days ago. Still strange that it was not taken down Comments in this thread talking about 1 PM pump EVIDENCE THE 1 PM PUMP WORKED: 1 PM seems to be the main time that was set. You can actually see the coordinated pump spike the price of AMC up to $9.70 right after 1 PM. You can also see the massive amount of volume increase during that time as well. Volume between 1:00-1:05 shot up to 8,725,700. This was the highest volume for a 5 min period all day. Check it out here. It was also reported to me that some users received DM's about the pump. If you are reading this and received any kind of DM like this, please message me. After seeing the first pump work successfully, they tried it again 1 hour later. Here are a swarm of comments made coordinating the pump for 2 PM. "2 shares at 2 pm AMC!!" EDIT: This account has been deleted. You can view a picture of this post here. "Everyone buy 2 shares of AMC and 2pm let’s rush these heggies 💎💎💎💎🚀🚀🚀""AMC at 2 !!!!""2 AMC shares @2pm rush""AMC at 2. Let’s give them some payback🚀""do i buy now or at 2""Buy AMC at 2pm Eastern, 11am Pacific. 2pm is when it’s happening." The 2PM coordinated pump was not as successful. It could be that some users were confused with the time differences. Either way, there was still a marked increase of volume during the 5 min period of 2:00-2:05 which also resulted in the stock re-testing its daily high. Check it out here. You can actually watch a Youtuber Trey's Trades see the pump at 2 PM in action. He is reading comments on a WSB spin-off subreddit amcstock. You can see people spamming chat for people to buy at 2 PM. Here is the video. The fact that this guy's stream chat is filled with a pump-and-dump scheme and he did nothing about it is pretty telling. I've backed up the comments and info here. If you find anything else suspicious about this, please DM me. I want to make it clear that there isn't evidence that the mods participated in the pump. But the pump-and-dump (which is illegal) happened under the watch of the mod team. They may have tried to stop it, but 8.5 million people is a lot. If they didn't think they could keep the place running without illegal things happening in the comment sections, they should have set the sub to private and put in proper pre-cautions first. EDIT: This pump also occurred for GME and users in the GME thread were able to comment about it. None of these comments are removed and they exist in very large numbers. They are mostly heavily downvoted, but the fact they are able to stay up means the mods failed at their job. Comment 1Comment 2Comment 3Comment 4Comment 5Comment 6Comment 7Comment 8Comment 9Comment 10Comment 11 The volume spikes do show an uptick in volume around 1PM and around 2PM, but they are not as strong as the AMC boost in volume. The volume during these times were high, but they weren't the highest points in the day for GME. EDIT: I want to make it clear to people who are saying "those are just bot accounts." Bots are still controlled by humans. If bot spam cannot be caught and deleted, that means 8.5 million people are exposed to pump-and-dump schemes run by bots. It does not reflect any better on the mods if the comments are made by humans or made by bots controlled by humans. It is now a day later, and still none of the comments have been removed by a moderator or moderator bot. UPDATE: Wall Street Bets has completely removed any post talking about ZJZ and his post about the head mods trying to engage in crypto scams and strange movie deals. (EDIT: This has changed, see above.) The rising sections is now completely filled low-effort, small text posts that are only pushing $GME. Here are those threads. Low-effort threads like these are explicitly against WSB rules. Why are mods letting rule-breaking, ticker spamming posts stay up? Example 1Example 2Example 3Example 4Example 5Example 6 WSB mods are banning users for mentioning ZJZ and his post. (EDIT: This has changed, see above.) Mods Removing Negative GME Posts I started digging into this when I posted to Wall Street Bets with a post containing some information about GME. The post pushed back against some of the "GME revolutiuon" talking points. It was a pretty tame post, meet all the guidelines for posting, and contained enough content to warrant staying up. The post was removed by the mods, but you can still see it up here. The content of the post was a combo of these two comments I made. This comment here and this comment here. Somebody in the comments recommended I make the contents of the comment into a separate post- which I did until it was removed. The moderators removed this post, the removal states: "Moderators remove posts from feeds for a variety of reasons, including keeping communities safe, civil, and true to their purpose." I sent a DM to the mods asking why exactly the post was removed. I have not been given a reply. Does the content of the post I made (pt.1 / pt.2) break any of their rules? Why would the mods remove a post containing that info? Even worse, the exact contents of the post I made exist in comment form and are still up. If the info somehow breaks their rules, why leave it up in the comment section? Why haven't they removed the comments that contain the EXACT wording I used in my post? It seems very strange to me that a post I made that contained some research to counter act the "GME Revolution" narrative would be singled out removal for "keeping communities safe, civil, and true to their purpose." The front-page of Wall Street Bets is FILLED will positive memes and DD that supports GME. There is not a single negative post about GME on the entire front page that I can find. Why not leave up some negative DD and let the community downvote/upvote it? The mods will let the comment section of threads get filled up with misinformation (GME SI being 226% is a common one that is easily debunked, yet is posted every 5 min in daily threads). People are gambling their life savings on outdated information yet when I make a post to push back against some of the common GME arguments, it gets removed. Mods removing negative GME posts is unethical because WSB mods own GME shares. jamsi is a mod on WSB. They left this comment: "I just received this e-mail from Robinhood. I am no longer using Robinhood for any of my purchases. Only keeping my $GME - not selling." Here is the comment. Swedish_Chef_Bork_x3 is a mod on WSB. They left this comment: "Another $2k locked and loaded to buy in tomorrow. Feels like fucking Helm’s Deep in here. I have tomorrow off work, gonna get drunk and hope I don’t sleep through my alarm.". Here is the comment. rawbdor is listed as a mod under the Moderators section of Wall Street Bets. rawbdor posted a comment saying: "The price is going to plummet hard no matter what we do. The real question is, will they be able to steal our shares in the process. They can drop the price all they want on low volume. But they'll never be able to buy it back unless you sell it to them." A link to that comment is here. This comment makes it pretty obvious that rawbdor owns some shares in GME, right? Saying things like our shares implies they own some. ITradeBaconFutures is also listed as a mod. They made it clear that "Mods did not trade GME". You can find that comment here. turdled is listed as a mod. They said, "We don't comment or promote trades. That's up to the subscribers and their upvotes/downvotes to decide." View it here. One mod claims that mods don't trade GME, when its obvious from the three examples above that they did. Another says they don't comment or promote trades, which is also a lie. Other mods have been doing that. They also "promote" trades when they remove content that argues the other side of GME. If the only content they allow on the front-page is GME Positive content, they are promoting that content. WSB has a mod team of 35 accounts moderating 8.5 million people. CNBC gets about 200k viewers at peak hours, while WSB has almost a million viewing it at a time when the market is open. The mods could simply send me a DM and explain why my post was removed. They haven't. Market manipulation is bad. It's bad when investment firms do it and its bad when retail investors do it. The mods could DM me right now and say "Hey, here is the reason the post was removed." They haven't. If they do send me a DM, I will post an update here. TL;DR Now-former WSB mod ZJZ, in a removed & locked post, accused dormant top mods of coming back to siphon media coverage, potential movie rights, and springboard a cryptocurrency, while suppressing other mods Coldcutcombo69, a moderator on WSB, was posting comments and threads promoting AMC. A coordinated AMC pump happened in the daily threads and comments that this moderator (and others) were tasked with moderating. This mod was removed as a moderator after this thread was posted. Coldcutcombo69 held AMC stock before the pump, but it is unclear if they held or sold that stock around or after the time of the coordinated pump. Today, several users, but no mods, in a discussion thread attempted to push buys of AMC at 1 & 2 PM EST. Those times would later coincide with high volumes of stock trades for the day. Similar coordination was attempted by users (no mods) for GME. WSB's front page is filled with only positive coverage of GME (here's a snapshot), while they removed my post containing negative GME DD with no legitimate reason given. Mods are holding GME contradicting another high level mod's comment that "mods did not trade $GME". Mods made a false statement that they don't promote stocks, as one of them clearly did. You can also see the other mods comments about GME as also promoting stock. Tervia's comment here has good info on Reddit moderation.
The Next Mass Effect and Mass Effect: Legendary Edition FAQ - Please read before posting. Posts regarding these topics will be removed.
Last Updated: February 2, 2021 11:56 PM ET
Just like we did with Andromeda, we are making a megathread and FAQ to contain common discussions and questions regarding the Legendary remaster and the next Mass Effect game. Sources and new information will be added as more details are released. All posts regarding the information in this post will be removed, so please use this thread to discuss those topics. This post will be linked in the sidebar FAQ section. Please also keep our rules in mind when posting as they are available in the sidebar. This FAQ is spoiler-free on plot (not story) details, but if you do not wish to be spoiled on any details of the game, do not read this. If you have ideas on other frequent questions that you feel should be added to this list or have corrections/additional info, feel free to post them in the comments. Lastly, thanks to the idea fromu/N7_anonymous_guy, I have created some subreddit-exclusive post awards for us in celebration! So far, they are all in the 500 coin tier and include the Biotic God Award, Paragon Award, Renegade Award, Paragade Award, and the N7 Award. Check them out! And please enjoy the new view of the banner :)
For many months now, our team at BioWare has been hard at work updating the textures, shaders, models, effects, and technical features of three enormous games. Our goal was not to remake or reimagine the original games, but to modernize the experience so that fans and new players can experience the original work in its best possible form. ... Mass Effect Legendary Edition will include single-player base content and DLC from Mass Effect, Mass Effect 2, and Mass Effect 3, plus promo weapons, armors, and packs – all remastered and optimized for 4k Ultra HD. It will be available in Spring 2021 for Xbox One, PlayStation 4, and PC, with forward compatibility and targeted enhancements on Xbox Series X and PlayStation 5.
When will the Legendary Edition be released? As of February, the release date has been announced as May 14, 2021. What platforms will the Legendary Edition be available on? Xbox One, PlayStation 4, Windows PCs, Xbox Series X, and PlayStation 5. Is there a trailer for the Legendary Edition? Yes, there is a teaser trailer HERE and a 4K reveal trailer HERE. What aspects will be remastered/what will be changed or added? This is what we know so far:
Some animations and camera angles will be fixed. (MOD NOTE: This is like the Andromeda incest debacle all over again. Any and all posts about the changes to Miranda's cut scenes will be removed. There have been dozens of these and all of them violate at least Rule 3 and Rule 8. Multiple rule violations will result in a ban. They're not censoring Miranda's bum. They're literally just changing a few camera angles to be less awkward. Remember that scene with Femshep's dress?)
The Next Mass Effect
Has the next Mass Effect game been announced? Yes, in the above N7 day blog post from Bioware, they announced that they are working on the next ME and released this teaser image: Mud Skipper Fans have speculated that the figures seen are a human, Angara, Drell, and Salarian, but none of these details have been officially confirmed. The image above has been titled "Mud Skipper." Further, The Bioware Blog also made a post after the 2020 Game Awards trailer release HERE. When will it be released and which platforms will it be on? At this time we do not know what platforms the game will be on as we have no idea when it will be released. The Next Mass Effect is still a long way away and may even be released with a whole new generation of consoles. Is there any other concept art? Yes, some concept art for the next Mass Effect was released in the new art book Bioware: Stories and Secrets from 25 Years of Game Development. See photos HERE and upscaled images from Casey Hudson himself HERE. Is there a trailer? Yes; watch it HERE. During the Game Awards on December 10, 2020, a new teaser trailer was released featuring Liara at the end and some unknown figures standing with the "Mud Skipper" ship. Other familiar imagery include someone (presumably Liara) climbing a Reaper carcass, a destroyed Mass Relay, and a piece of an N7 Breather Helmet in Liara's hands. Mike Gamble stated in a TWEET that he had been waiting "1,360" days for this, which is the exact number of days since Andromeda's release on March 21, 2017 up to the 2020 Game Awards. He also said "This trailer has much to unpack. Look. And listen closely :)" seemingly referring to the voices talking at the beginning of the trailer. Some of the voices and sounds include "first contact protocol," "Ark 6 is away," a reaper blast, and "we've lost contact." Ark 6 is the Quarian Ark from Andromeda. Is The Next Mass Effect a sequel to the original trilogy or Andromeda? We don't know yet. Any confirmed details will be in this post. I will use this question to post some Tweets from people involved with the project that seem to imply that it is both. https://twitter.com/GambleMike/status/1337235463266942976:
Replying to @Joanna_Berry: Opening shot also has very pointed imagery of two galaxies... my mind is racing... are we going to get.. a single sequel to both games?! Michael Gamble@GambleMike: intentional. Michael Gamble @GambleMike: who knows. maybe not? but we show both for a reason :)
Replying to @reich_the: I can't say I'm not excited, but Bioware just abandoned Andromeda. This is not good, some of us connected with Ryder and crew. Bioware just slapped us, and gave us candy. Michael Gamble @GambleMike: I think you should wait and see :)
Michael Gamble @GambleMike Replying to @Zoober: But who is in the background, nathan? You know. But the world doesnt. But can they figure it out? Who knows!
Replying to @JustACyberLad: I heard "Godspeed" and all can I think of is that moment of taking off in the Tempest for the first time. Michael Gamble @GambleMike: intentional.
Is there a title for the next game? Not yet. At this time it is just being called The Next Mass Effect. Who is composing the sound track and will any of the OT or Andromeda music be back? We don't know yet, but Benjamin Wallfisch composed the music for the Game Awards teaser trailer. Who is working on this game? The N7 Day blog post stated that a "veteran team" is working on the game. Although Casey Hudson recently left Bioware, Mike Gamble Tweeted on 12/11/20 that the following veterans are working on the game. He also stated that "As time goes on, you'll get to know more of us."
Derek Watts, original art director for Mass Effect
Brenon Holmes, designer for three ME games (ME2, ME3, and MEA)
Parrish Ley, cinematic director for the Original Trilogy
Dusty Everman, worked on bringing the original Normandy to life
"I think I've lived long enough to see competitive Counter-Strike as we know it, kill itself." Summary of Richard Lewis' stream (Long)
I want to preface that the contents of this post is for informational purposes. I do not condone or approve of any harassments or witch-hunting or the attacking of anybody.
Richard Lewis recently did a stream talking about the terrible state of CS esports and I thought it was an important stream anyone who cares about the CS community should listen to. Vod Link here: https://www.twitch.tv/videos/830415547 I realize it is 3 hours long so I took it upon myself to create a list of interesting points from the stream so you don't have to listen to the whole thing, although I still encourage you to do so if you can. I know this post is still long but probably easier to digest, especially in parts. Here is a link to my raw notes if you for some reason want to read through this which includes some omitted stuff. It's in chronological order of things said in the stream and has some time stamps. https://pastebin.com/6QWTLr8T
Intro
"The last month has convinced me, that we are going to be heading into a dark place for Counter-Strike esports in 2021."
"I think I've seen the scene essentially kill itself."
"For the past 5 to 6 years, we've basically been in a holding pattern of people coming into our game wanting to run it, wanting to run all of the esports and wanting to profiteer and its been sort of a concerted effort to drive them off and push them away."
"We're spread way too thin."
"If Riot don't get involved and stop the scumbags that have moved over to Valorant from getting their feet under the table, Valorant is going to have real problems."
RL thinks too much has happened all at once for us to do anything except watch it play out, like:
Recent CSPPA strike against BLAST
ESIC failures and them not being supported enough
Teams cheating i.e. coaches/bugs
Widespread match fixing
The Pandemic
"People who try to hold bubble events are so incompetent and fuck up and people get the 'rona and its their fault."
"People who say Flashpoint is a bubble is full of shit and is a lie and people are now suffering for that lie."
"To save money they let people go home and break the bubble for a week."
"Not just Flashpoint peoples decision, they have a partner that handles the production." (hinting FACEIT)
"People are trapped in hotels essentially under house arrest because of COVID restrictions and has fucked peoples lives up."
"It's all too much, all of this incompetence, all of this greed, maybe we ride it out."
RL says he has talked to the Riot devs (the ones working on Valorant) and says, "They are so cognizant of all the fuck ups and all the problems we have in Counter-Strike."
He continues to say that this is factored into their business plan and that we never had a competitor, but just so happens to have one coincide, when we are at our worst.
CSPPA - Counter-Strike Professional Players' Association
"Who does this union really fucking serve?"
RL believes that the CSPPA is a mockery.
He points out the hypocrisy that they wouldn't strike for the pros who were kicked out of ESL Pro League, or for Jamppi or dream3r.
He also says ESL paid CSPPA and are racketeering and many other TOs have to pay them to get their "seal of approval"
He says they would strong-arm TOs saying "well if you don't give us the money, these guys are so we'll just have to commit to playing their event."
Also points out that they will strike against a competitor they are not in agreement with (Flashpoint)
RL: "It's what it says about every other time you haven't done it and it's about every time you don't do it now moving forward." "The issues they've chosen to ignore this year alone are embarrassing."
Then he points out that there was no strike for Valve qualifiers even if we have no major but Jamppi and dream3r can't play in them.
"and Valve have said 'Oh yeah we know actually their stories are accurate, Jamppi didn't cheat, now in a legally binding document. Yep dream3r did have his account hacked in a LAN café', but they still can't play. Where is the fucking solidarity? Gone. Doesn't exist. It's not important [because] it doesn't affect you." "That's what the union does right now, it looks after all the tier 1 people."
He says the CSPPA doesn't represent all players all the time and has driven a divide where you have the haves and have-nots
"We have a tier of players that operate with impunity and do not help their tier 2 or tier 3 players out at all." "If you are not a tier 1 player you do not matter, they don't event ask your opinion."
He tells chrisJ to admit and own the fact that the reason he didn't speak up during the ESL Pro League debacle is because it didn't affect him
"They are looking after some players at the expense of other players. How the fuck is that a union?"
He says the BLAST situation is a reasonable dispute and supports the players but is not the right time for a strike and have not even identified the correct enemy
He thinks players are lashing out now due to previous incidents and are upset that BLAST are working with ESIC
He stated that CSPPA shouldn't beefing with ESIC and they should be working in harmony
He says what they need to do is talk with the teams/organizations that have sold that right to BLAST
RL: "Your employers, the people who pay you that massive exorbitant salaries, when you don't stream and you don't do interviews and you offer no value beyond your ability to click heads and you get 25k dollars a month." "Why don't you talk to them about it? Oh right. You're happy to take away BLAST's paper, but you don't want to risk your own."
"I am seeing such unbelievable cowardice from the players here with the battles you choose."
"Where was the strike action when in the qualifiers for the world championship, there were teams and players engaged in huge conflicts of interest?" "Where was the strike action when your image rights were taken and sold to every league you've ever been in every union type organization you've ever been associated with like, WESA, to your org every time you sign a contract, to the leagues you play in."
"Your image rights are essentially worthless now, there's about 10 fucking separate parties that have them, and how many of them are giving you anything for it? Not much pretty much your org by the way."
"That's a big issue. Your image is you, your image is your brand. What are you doing about that? Nothing."
He is also angry at SirScoots who is "popping off" at people on Twitter who all want the same thing, which is 'A unified Counter-Strike scene for everybody, that works for everybody, that has a sustained ecosystem that nourishes everybody.' "We don't have that now."
He also says their rankings are a joke
"Just so happened, oh look TACO, that very important prominent member of the board, we pushed his team artificially up when they weren't even in the fucking top 20, not by a long shot."
He also says the ineptitude of the CSPPA cost Flashpoint a monitor sponsor
"Is it really a player association or is it like a fucking agency at this point"
ESIC - Esports Integrity Commission
"They have been put in an impossible position."
RL says that Ian Smith, the founder of ESIC and who was done work in mainstream sports, is a good and honorable man who has dedicated his life to integrity and sports. He takes on both sides, ensuring match fixers are punished, but also doing appeals and ensuring those punishments were fair.
"ESIC is a tiny organization" and are in need of money, "They didn't run a grift like the CSPPA did."
"Saying 'you want our support and you want the players to turn up you better pay us.' They don't do that."
"Had startup seed money from MTG and since then they've been pecking shit with the hens."
Ian Smith made sure that the money given by MTG (Modern Times Group, parent company of ESL, ESEA, DreamHack) was nothing more than startup money and wouldn't be in debt to them
Ian Smith sat down with other TO's not part of MTG and wanted to partner with them. They declined and called ESIC "ESL spies and we will never align ourselves with you"
"They only were just able to afford, hiring a PR guy on a full time salary to deal with the press and send out those releases you've seen, this year."
"They have a tiny group of staff investigating these things and they have taken on the biggest problems in our scene: the cheating, the match fixing."
ESIC have had "unprecedented levels of cheating to deal with, because there's something wrong with our scene ever since we went online. There's something wrong with it, everyone's lost their fucking pride and self-respect and they got no passion for it anymore, so they think fuck it, what's in it for me?"
He calls out coaches who are talking about players rights when they would rob and steal from them.
Also says more coaches being banned are coming
He also points out flaws in community's reaction to the punishments to coaches bans: "Half of the cunts still have jobs and some of the cunts got new jobs. We didn't even shun the cheating coaches."
ESIC have "found I think another 2 or 3 exploits like that one and they are investigating them all right now, it's going on right now."
"I know that there are going to be more names getting banned, again."
"So they're doing that on a skeleton crew while, investigating 3 continents worth of match fixing in MDL and semi-pro level CS." "They're doing this with half a dozen people." "They don't have any money or any help. People barely even fucking cooperate with them, they are treated like pariahs. It's ridiculous."
"Why are the CSPPA popping off at ESIC on my Twitter timeline, when you should be working together." "because its all about what's in it in for me." "2020, the online era of CS: 'What is in it for me?' How can I cheat, how can I get my paper, how can I bleed this scene one last time before I fuck off and play shooty shooty bang bang Riot Games babys first fps."
RL says that in the CIS region, teams have gone to tournaments and have been eliminated multiple times by the same team. We found out they were cheating and those players who lost, have been cut from their roster, careers ended because of cheaters.
Stream Sniping
"They're all at it in the online era, they're all at it, they're all cheating, they're all using exploits, probably that see through smoke bug got used a bunch of times"
RL talks about how there is no integrity from dead (the player), always denying when caught doing something
On the topic of 'BLAST never said we couldn't stream snipe': "Lies, BLAST never said you could do that, they had to sort of retcon it." "because what happened after that they fucking started snitching and squealing"
"Suddenly you had like, 10 of the top 15 teams in the world, staring into the abyss of being banned for 6-12 months in line with ESIC recommendations."
He says that ESIC was put in a tough situation and couldn't enforce the bans because it would have resulted in killing CS. What resulted was, BLAST, ESIC, and teams came together and gave them a warning and told them, in RL's words "don't do this again or you're gonna get got."
He then says the top teams brushed this off and didn't give a fuck
The new MiBR team playing Flashpoint, that wasn't involved in the previous incidents are doing it again (stream sniping). He gave credit to Flashpoint for the quick resolution and punishment and respect for cogu's response to the situation.
"ESIC came out and said, once more, 'Guys, zero tolerance from now on.'" RL then got upset at community's reaction calling ESIC "pussies" for their non enforcement and said if we want competitive CS we cant ban the top 10 teams.
He points out how players have no integrity and will do anything for an edge as long as they won't get detected or banned or it's within a grey area.
"All of this shit was mad avoidable, even in the pandemic era."
He talks about why aren't we filming them. Why aren't there representatives for leagues and tournaments making sure players aren't cheating?
Match Fixing
"How many years have we let our scene be fucking pillaged by these greedy cunts?" "We just let it happen."
RL says that gambling and skins betting which existed in moderation was "accelerated and blown up by the Call of Duty greedy fucks."
"Never forget TmarTn was on the board of EnVyUs." "His website, CSGOLotto, they had a bunch of off-the-books sponsorships." "NBK promoted them. People forget."
"Those people who had access to the skins, go to the players" "Even people like s1mple, best player in the world, even he scammed knives and skins off fucking fans."
Owners of skin casino sites would approach pros and lend them skins to use in tournaments and possibly keep them after reaching a deal
Players would tip off inside info about matches and teams in exchange for skins. Info such as: roster changes, how they played in scrims
They would use this info to bet and subvert the odds on their sites. "That happened religiously, I can't even tell you how many times it happened."
"I had access to the biggest database of information, from an inside betting circle in NA, and it would take information and screenshots from other pro players, who were feeding them info in exchange for money or skins."
"Some of these players are still playing." "Incredibly, there are players still in the CSPPA today, complaining about the BLAST recordings, that were embroiled in this murky shit back then."
RL also says that there were tournaments where teams contrived with each other, who should throw, who should win.
"There's a handful of people that are trying to fucking clean it up, and you think you get something over the line and you see something like the CSPPA and it's run by corrupt fucking chuckle heads, and now you've got another corrupt body you have to fight on a fucking daily basis, it's demoralizing."
"It's too far gone. Our entire semi-professional scene is compromised."
"It's rife guys, I'm not going to lie any more. It's not just China, it's not just Russia, it's here, it's NA, it's Europe, it's Australia, so much more than you think, so much more than we can prove."
"I get sent chat logs all the time […] and they're morons, these players, short-sighted, amateur, morons and they're doing it on WhatsApp." People would get cut from the bets because they want to make more money, then they leak the logs. He says, from the chat logs, they spread "little" bets across every site they can (400 to 1k dollars) to prevent shifting odds
He says the scumbags who've fucked off to Valorant will do the same there if Riot doesn't do something and says Valorant "is an esports scene heading for a very early fall based on the sheer volume of scumbags that are already there."
"That's tier 2 CS in a nutshell these days. They know they're never going to play in a major, so what's the punishment?"
"All of these tier 2 fucks that are fixing games now they are like the fucking mafia compared to iBuyPower" "These guys are working with organized criminals to fix entire seasons worth of games. That's what's going on in your tier 2 CS."
"I'm literally being told that there are players fixing games at all levels of Chinese esports and motherfuckers with guns are turning up to team houses and stuff."
North America
"Everyone in NA has left we've lost a continents worth of support during this pandemic and Valve haven't said a fucking word."
RL says the Call of Duty "goblins" that destroyed CS for years are the same people who are now trying to leave CS. "The nerve to treat a game where the fans, and the community, and the TO's were nothing but good to you." "To just kick the players out now and go and leave and say 'It just doesn't make financial sense.' Oh you'll slither back when we have a major though for them stickers won't you."
There's a cascading effect in NA where people don't bother with CS anymore and people like Chaos suffer.
He says NA team owners are incompetent for always wanting it easy and always wanting a guarantee on their investment without skill or nuance.
RL says he would be able to market a team correctly and would have a good ROI and also points out how TSM wouldn't even be bothered to tweet that their team, which was one of the best in the world, was playing at the Major.
He also says not all NA owners are like that, compliments and respects Jason Lake who nearly lost everything to keep Complexity going.
He then calls out the incompetence in Infinite Esports when they acquired OpTic Gaming and bought an Indian CS team.
He says HECZ is not to blame here and that they couldn't tell forsaken was cheating when it was so obvious.
They measured his reaction time to the likes of dev1ce and s1mple
When an enemy showed up on his screen he won that duel something like 44% of the time
"was like the number 1 player in the world statistically"
He brought a laptop to their bootcamp and refused to use the high end PCs that hey provided
He respects Andy Miller (NRG CEO) and HECZ but says that the attitude of not being able to easily monetize their teams is "piss weak" and there needs to be a risk.
He says Chaos EC shouldn't be cutting their roster and should be competent enough to be able to figure out how to make money off their team.
He says there are still opportunities in NA and people are panicking and pulling out, and says Valorant will be the same if not worse.
He also says "bums" who couldn't even get out of groups in NA competitions, are making crazy money in Valorant and says it will continue to inflate.
He also said that he heard rumors that EG (Evil Geniuses) are done.
He also thinks that the rumors of a Valve franchised league from before was sparked up from "these lazy fabled weak NA fucking team owners basically trying to see if Valve would bite at the hook if it was dangled and they didn't"
Slasher says NA team owners are really in favor of franchised leagues because they want to make more money. "Most of the powerful team owners right now are on board with ditching this third party organization structure, or they are trying to play this power politics with all the TOs, and that is contributing to a lot of the problems there"
RL says that Riot has proved they can run a franchised league (LCS) and will be profitable in 2021 which is what a lot of team owners care about and says the competition will only serve to snatch people away from CS.
RL continues to say, "I am so sick and tired of what we have done to this scene, I am just exhausted with it." "I think we have legitimately fucked it, I really think we have. I think we're staring into almost like a CGS (Championship Gaming Series) wasteland in NA." "Counter-Strike esports is a fucking joke."
Talent
"TO's have treated CS talent like absolute human garbage for years now."
RL says that people like Sean Gares and ddk switching over to Valorant isn't for financial reasons because they are making less over there.
He points out that TO's can't even give talent a 3 month in advance calendar.
Because of the pandemic TO's won't hire certain people and some people are working more hours for the same money.
He says we as a community don't respect journalists enough which is why we don't have good journalists.
He also says DeKay is leaving the scene soon and that Thorin is close to leaving also
He says he had to talk a caster down from quitting and was struggling to find reasons.
He says that DreamHack told Vince they would hire him but not if he wants to stick with dusT and says that this is the norm in esports. "Constant leveraging of people against each other." and says this is why we don't have a talent union.
New gen casters are getting put into shit situations and the community's reaction to them is adding fuel to the fire
He says the reason Moses left was because of the terrible conditions
He says that Anders had to constantly leave his family and kid because someone fucked up or broke promises and had to constantly tell his kid to their face that "daddy can't be home this weekend."
He says that esports has always been a lie to sell you this dream, "Meanwhile there's about 2% of the cunts getting all the checks."
Valve
"Anything that Riot does, is better than Valve's inaction"
Slasher says that the larger aspect of esports as a whole compared to other entertainment mediums and Valve's lack of inattention are the bigger problems. He continues saying that the fact that Valve let their game be ran as an esport, they need to take on the responsibilities of it.
Both Slasher and RL wants Valve to take control but not on the level of Riot Games, there needs to be a balance.
In case it was ever a question: Gabe Newell has been to 0 CSGO Majors.
RL calls Valve out saying they could have done something during the gambling era.
He says Valve used to come to the majors, but doesn't think they do anymore.
RL had met with Valve at the Cluj-Napoca Major and had tried to appeal iBP's indefinite punishment and had also gave Brax's life story:
A recent family member passed away, they had lost a lot of income, they had to live in trailer, iBuyPower did not pay any salaries, and was pressured by family to make money who didn't support his career.
RL said that Valve told him, "How dare you try and make us feel guilty." "We shouldn't feel bad about enforcing the only thing that matters that we need to make players afraid of: cheating and match fixing"
RL also tried to share other info about match fixing and nothing came of it
RL points out that Source 2 or a new engine is not something you will want based on the experience of transitioning from CS 1.6 to CS:S. "Valve's track record with brand new engines being launched, not fucking great from what I remember."
Slasher says "If there is anything the community should do, is pressure Valve to hire a community manager."
They say that we need a commissioner, a community manager (not the person who runs the Twitter who posts memes all day), then we need to have a circuit
RL reiterates that Valve doesn't care about CS esports and says they need to change the culture at Valve to make them care about CS esports
Slasher says a systemic problem is making it so working on CSGO would be a bad decision for you as an employee for Valve
He also hasn't talked to Valve in ages and have sent over bugs and cheats and doesn't get emails back anymore
Slasher says we should be directing attention at the developer leads, pointing out Ido Magal, if he even is still the project lead
RL thinks that Ido and Brian are the only people that "vaguely even give a fuck about CS" and were the only people that RL recalled that actually read Reddit and paid attention from time to time
"It is really fucking precarious. Somebody has got to step the fuck up and start giving a shit"
Slasher suggests org owners, with CSPPA, with ESIC, with TOs have a concerted effort against Valve
"Riot Games are doing better things than Valve in the esports space" which is something RL didn't think he'd say.
"People who used to be talent, working with unions, arguing with other talent, when the unions fucked them over, can't understand their perspective, TOs fucking over broadcast talent, broadcast talent wanting to leave and go and work for orgs, orgs having no money, Valve might take coaches away because all the coaches are cheating, ESIC has about 4 people in a fucking call doing the investigations, everyone thinks they're spies for ESL, ESL are just the evil fucking overlords wanting to rule the scene and will just somehow, like cockroaches outliving a nuclear bomb, and Valve are in a fucking holiday in Hawaii thinking about the next Dota character because they don't give a fuck about us."
Closing Statements
"We've peaked. If we want to sustain and exist, now is the time to figure it out. No esports lasts as long as this, we've already done 8 years. We've already broke the records. We have got to figure out a way to coexist and drive the negative forces out and we need to do it as a collective and we're not doing that."
RL compared the Counter-Strike scene to the people on the Titanic who ran around with guns robbing people while the boat was sinking.
"We have given up on being a respectable esports scene." "We are now a conduit to make money for those who want to just milk it, just have one last ride, one last roll of the dice. It's done." "What a fucking mess. What have we done to our fucking scene?"
"There's just too much self-interest driving all of this." "I don't see a way we stop the dominoes." "When it's that bad, when there's that many dishonest people that ESIC have to come out and say that if we punish them all there's no one left. What does that tell you?"
"How many opportunities have we had to clean house? How many times have we said, 'this must never happen again', and another scandal." "The entire skins betting operations was the biggest criminal conspiracy in esports ever executed and no one has been punished for it." "The people who could be driving that don't want to."
"Right now people are fans of those organizations because the scene has value. It is worth being a fan of Astralis because they are excellent at Counter-Strike. It is worth being a fan of s1mple because he is the best player in Counter-Strike, maybe the exception of ZywOo. If the scene is devalued, if the scene loses its meaning, those things lose its meaning too, and people will leave, people will stop tuning into the games. I have seen it happen in multiple esports, this is not my first time at the rodeo. I am getting big Brood War vibes right now and I don't like it."
"The role you play in all of this as fans, as viewers, as listeners, as consumers of esports content, it's absolutely imperative that you know who the good guys are. It's absolutely imperative that you use your voice. It's absolutely imperative that when things are bad, you know who, at least, is trying to make them good, and you have to apply your criticism to the right targets."
He continues saying it's no good in continuing to attack ESIC and saying how they are bad, ESIC have it hard
He says CSPPA are on the right side of the argument on BLAST but have been on the wrong side of many arguments many times.
"If you are not willing to stand along side the weakest member of the union, with the least amount of influence, and the least amount of power, then it is not a union at all and you shouldn't pose as one." "You wanna serve a bunch of special interest do it, everyone else in esports fucking does, but do not pose as something you are not." "We love the players. I've been fighting for players rights for as long as I've been able to, but the CSPPA is not what we needed."
"They are not applying the pressure to the right people, they are not fighting the right battles, they are not helping their weaker members."
He says what orgs have done by keeping or hiring coaches is bad. "When you give up on holding an appreciable standard, you've lost the scene" "Competition matters, rules matter, punishments matter, achievements matter, excellence matters" "If you start stripping that away, you have nothing" "You guys need to take that knowledge and apply it sensibly."
"Valve has sold you all down the river, they sold everyone in the esports scene down the river, tournament organizers are selling their talent down the river. Don't hate on them for sounding tired after a 16 hour day. Don't hate on them because the hype for a matchup they've seen for the 20th time in the past 3 months, they can't be as excited or it sounds contrived. Support your guys, they're there for you, these are your people."
"This community has got to start acting like one for the first fucking time. Just put the petty shit away, let's try and fix this fucking scene while we still have one to save."
"You can't rely on Valve, you can't rely on ESL, you can't rely on the CSPPA, you can't rely on anyone." "Once again, it's gonna be the likes of us, the amateurs, the people who give a fuck, rolling up our sleeves and grafting." "I'm old and tired and I don't want to have to do it again. People need to pick up the torch and do it."
"Like Michal did, like Dudenhoeffer did. You see something wrong, fix it. You see somebody doing something wrong, call it out. If you think something could be better, let people know."
"Vote with your wallets if you're not happy with the direction Valve goes in. If when we do get to the Major, they serve up another subpar, same old bullshit stickers and signatures package again, do not buy it."
"You're a powerful block and if you use it correctly we can fucking avert this disaster."
"I'm not doing another year in this broken, bust-up fucking scene, where everyone is miserable, everyone is broke, everyone is tired, and everyone is trying to fucking rob everyone else, blind, while the fucking people who are meant to be protecting you, are just fucking enhancing it and lining their own pockets."
"I'm not doing it anymore and you shouldn't want to do it either."
"I stand by every fucking thing I said. I mean it, because this game fucking matters to me, this scene fucking matters to me. I put my life into this, my adult life, and to see it in this state is fucking sad."
Where do we go? A post on our choices and options in a post-robberhood world. Alternatives and other platforms. Let’s migrate to different apps.
So, the shittertons at robberhood decided to ban AMC, GME, & BB and save their hedge fund buddies while fucking you guys, their original clients.
Well, you know what? Fuck ‘em. We are bigger than any hedge fund and we are more than 5 million retail investors and growing. If robberhood wants to steal from the poor and give to the rich, we don’t have to be complicit. We don’t have to use their service, and we won’t. Fuck robberhood. Schwabby and TD ameritrade aren’t valid options anymore, so who’s left?
Here is a list of the platforms we can migrate to.
(Please tell me if any of these don’t work or there are banned tickers, I’m just listing what I’ve found so far.) • Public | a robberhood-like trading app with a beautiful design and clean UI. Offers free stock, and has expanded benefits right now because they are trying to attract customers. They're even offering to cover the transfer fees. They must really want that market share. It’s also centered around social features, so you can invest and make posts about your stocks, and there are comments. Go spread the retardation. • ally | just a regular trading app. Not special, but it’s from the finance startup Ally. Works with existing banks, and actually adheres to ally’s principles of facilitating economic mobility and democratizing finance. A lot of purple and white themes in this app. No commissions, and fast transfers. The same app I use, been a member for 2 years, no complaints. Also, they have dark mode. WARNING: ally only allows limit orders for meme stocks. you can still buy though. • WealthSimple | A simple, minimalistic app with both saving and trading products. Has very nice shading, and pastel orange and turquoise colors. Bold font, and a very user friendly app. • SoFi Invest | an investment app from SoFi, the guys who paid for that one football stadium. Charts and personalized graphs of your investment earnings. Supports both cr*pto and stonks, so you can trade everything all in one place. • WeBull | an app owned by Chinese Fumi Technology. I heard they unbanned the meme stocks, please tell me if I’m wrong. Hopefully I’m not. • M1 | A Chicago-based trading app filled with cool (blue and green and shit) color palettes, and many charts and metrics to track your trading performance. EDIT: unfortunately i've just been told M1 does not support daytrading, they only have set windows for trading every day. suggested by u/WalkerTejasRanger, contact him/hethem for a free $30 link. • Stake | An app for trading American-based securities, and high contrast black on white themes. Designed for foreigners, use this my Asian & European friends. They even help autofill out American tax forms for reporting income from trades. (W8-BEN) suggested by u/mitchqqis, contact him/hethem if you need help. • Etrade | EDIT: Etrade has banned memes, make sure you tell them to fuck themselves :) • Fidelity | I still can’t get over the fact that they are based in Boston (eww).... but they haven’t banned us yet. • Vanguard | they haven’t banned any of our tickers. Good enough. • Wells Fargo | the most boomer app of them all. suggested by u/adam2222 EDIT: added more choices (M1, Stake, & WF), at spaces 6, 7, and 11 respectively. go check them out.
EDIT 2: I want to see what all of you guys are switching to. comment your new platform below.
EDIT 3: if you're feeling generous, you can also send me donations.
This is my cr*pto wallet: 0x86c4e867c9E5b72872a505d2ae1F24312E3b73c8 You can send me any coin you want, but I prefer etheethereum (ETH)
EDIT 4: Manifesto written below. I got pissed and I felt like ranting.
we have many choices, these are just 7 of our numerous options. While robberhood is out fucking us and bailing their hedge buddies, we’ll be switching.
If any of these ban our tickers, please comment and I will correct this post. You can also tell us what platform you’re using, or what supports meme stonks. buy the dip. Keep fighting our fight.
fuck robberhood. Make the switch.
LETS KEEP FIGHTING! DONT SURRENDER NOW! HOLD THE LINE! There is nothing these institutions can do to stop us. They cannot lock us out, sell our shares, or grow their short. They know they are losing. That’s why they are launching a media offensive in CNBC. Their only option left is to make us lose hope. They have played every option they have, they have resorted to morally wrong and illegal tactics. They have sold our shares without our permission. They are manipulating the market to save a corporation at the expense of millions of real humans. They have no problem crushing you and your future if it means another fucking dollar in their pocket. For too long, they have profited and gambled with our economy. In 2008 they threw millions into poverty, and in 2020 they lined their pockets while people were evicted from their homes. There is a reason why we fight. The invisible hand WILL NOT control us. This is the biggest financial event since 2008. All we have to do to beat them is hold our shares. They working class will seize control. We are on the verge of changing the fucking world.
FuboTV DD (First time making DD, please give advice)
I tried to make it easy to skip around if you just want to see the financials or estimates. Just scroll to them if you don't care what the company is or their sectocompetition/management. TL;DR at bottom with final thoughts. Introduction “FuboTV ($FUBO) is an American streaming television service that focuses primarily on channels that distribute live sports, including NFL, MLB, NBA, NHL, MLS and international soccer, plus news, network television series and movies. Launched on January 1, 2015 as a soccer streaming service, FuboTV changed to an all-sports service in 2017 and then to a virtual multichannel video programming distributor (vMVPD) model. As a vMVPD, FuboTV still calls itself sports-first but its expanded channel lineup targets cord cutters, offering a selection of major cable channels and OTT-originated features that can be streamed through smart TVs, mobile and tablets and the web. The service is available in the United States, Canada and Spain as of 2018." From their home page: They are the only competitors in their space of digital sports broadcasting, offer 4K streaming and upscaling of live sports, cloud DVR capability ranging from 250 or 1000 hours on standard plans, and is available on Roku, Apple TV, Amazon Fire TV, Chromecast, Samsung Smart TVs, Xbox One, Android TV, Android Smart TVs, and Android/iOS smartphones and tablets, with plans ranging from $24.99/month to $79.99/month (not including add-ons). They have also recently acquired one company and have made plans to acquire another to allow for in-house sports betting. They have stated in a press release that they plan to release a sportsbook before the end of the year. This will push them into a broader spectrum outside of only TV and sports streaming, and into the sports betting sector along with DraftKings ($DKNG), FanDuel ($PDYPY), and Penn National Gaming ($PENN). Plans and Add-ons FuboTV offers three standardized plans as of February 8, 2021: the Family plan is priced at $64.99/month (normally $75.97/month), Elite at $79.99/month (normally $100.95/month), and Latino Quarterly at $24.99/month, along with offering additional add-ons. Each plan offers a range of channels, cloud DVR capabilities (which allows fast-forwarding through commercials), and casting to multiple devices simultaneously. Only the Elite plan does not offer a 7-day free trial (Channels page). The Family plan includes 117 channels (mostly news and entertainment with roughly 40 that offer sports, including ESPN), up to 250 hours of DVR space, and casting to 3 devices at once. The quarterly prepaid includes a free upgrade to 1000 hours of DVR space and 5 casting devices at home with 3 on the go (Channels page). The Elite plan includes 164 channels (includes an additional “47 entertainment channels”), up to 1000 hours of DVR space, and casting to 5 devices at home with 3 on the go. This plan does not offer a quarterly prepaid (Channels page). The Latino Quarterly plan includes 250 hours of DVR space and can be streamed on up to 3 devices at once, but only has 32 channels. This plan needs to be prepaid every 3 months for a total charge of $74.97 and does not offer a monthly service (Channels page). Upgrades include additional DVR space--1000 hours for an additional $6.99/month for the Family and Latino Quarterly--and increased device casting--an additional 2 devices at home with 3 on the go for another $9.99/month for the Family and Latino Quarterly plans. You can also add a variety of channels and sports packages (the Latino Quarterly has fewer channel add-ons compared to the Family and Elite plans, which both have the same channel varieties). Sports Plus with NFL RedZone is an additional $10.99/month, but includes all professional and college sports broadcasting services for football, basketball, baseball, hockey, tennis, fighting, etc. (Channels page). Fubo has recently removed its former Standard plan, which included only 65 channels, up to 2 casting devices, and only 30 hours of DVR support for $60/month. Financials and Growth Fubo has yet to file an annual report as they have gone public in October of 2020, but they have filed a 10-Q for Q3 2020. All numbers in thousands. Assets- Between December 31, 2019 and September of 2020, assets have increased from $368,225 to $799,313 (a 117% increase) . Total current assets increased from $17,973 to $58,016, but accounts receivable decreased from $8,904 to $6,975--this may be attributed to the increase in prepaid subscriptions which increased from $1,445 to $12,177 which shows strong customer satisfaction and retention. Liabilities- Liabilities have increased from $145,049 to $290,376 (a 100% increase). The largest contributors to their liabilities are “Due to related parties” increasing from $665 to $85,847, “Warrant liabilities” increasing from $24 to $28,085, and “Accounts payable” from $36,373 to $61,679. Long-term borrowings have decreased from $43,982 to $25,905. Revenues- Subscription revenues increased by $53,433, totaling $92,945 for the year. Total revenues including advertisements and licensing have increased by $61,202, totaling $112,669 for the year and an increase of 47% YOY. Q4 revenue is estimated to be between $94,000 and $98,000 which would be a 77-84% increase YOY. Expenses- Subscriber related expenses total $114,315 for the year. Total expenses have totaled $500,249 for the year. Subscribers- Ended Q3 with 455,000 paid subscribers, a YOY increase of 58%, and plans to end 2020 with over 545,000, an increase of 72% YOY. Competition Its closest competitors are Hulu + Live TV (owned by Disney ($DIS)), YouTube TV (owned by Alphabet ($GOOG)), and Sling TV (owned by Dish Network ($DISH)). Hulu + Live TV
Includes league networks
50 hours of free DVR (200 hours for $9.99/month)
More than 74 channels
Unskippable ads on DVR without upgrade to 200 hours
2 streams at a time
$64.99/month
Can add ESPN+ and Disney+ for an additional $7/month
YouTube TV
Includes league networks
Unlimited DVR storage
More than 85 channels plus YouTube Red Originals
3 streams at a time
Sports Plus package for an additional $10.99/month
NBA LeaguePass for an additional $40/month or $119.99 annually
Starting at $64.99/month
Sling TV Blue
Includes league networks
DVR up to 50 hours (200 hours for $5/month)
More than 45 channels
3 streams at a time
Sports Extra package for an additional $11/month
Starting $35/month
Can be combined with Sling TV Orange for a total of $50/month
Sling TV Orange
Includes league networks
DVR up to 50 hours (200 hours for $5/month)
More than 30 channels
1 stream at a time
Sports Extra package for an additional $11/month
Starting at $35/month
Can be combined with Sling TV Blue for a total of $50/month
Merger with FaceBank for $100 million revolving credit
Analysts and Estimates Average analyst ratings put Fubo at a Buy to Strong Buy rating with an average price target of $45.50 with a high of $60 and a low of $30. EPS estimates are estimated to be -5.23 for 2020 and -1.64 for 2021. Currently has a short float of about 75%, but the short volume has been holding at roughly 15-20% over the last month and has drastically declined from its October short volume of over 50%. Originally valued at $700 million less than a year ago, a current valuation of $3.19 billion is respectable for this company and is on par for its current performance. Risks
Marketing fails and Fubo is never known as a household name, so consumers stick with other more known providers
Their sportsbook fails and becomes dead weight and wasted money
Subscriber count and streaming drops as quarantine lifts, reducing revenues while maintaining expenses
Consumers opt for cheaper options
People paying for the sports package cancel when the season is over, creating a boom and bust cycle if not managed correctly
Final Thoughts / TL;DR With its drastic growth over the last year (400% in the last 4 months), support from FaceBank and well-known investors, and plans to join the sports betting sector, FuboTV has potential to become a household name and grow well beyond its current valuation by combining both sports broadcasting and online sports betting into one convenient place. Although unlikely to overthrow any of the current forces, it can become the best live sports broadcaster that people can turn to when they cut cable but want to keep live sports. It has many hurdles to overcome (creating their sportsbook, better marketing, increasing subscriber count, etc.) before it is any real competition to its already established competition. At a $3.19 billion market cap and very high (75%) short interest, it will be very difficult to realize consistent growth, but it is on par for a company with almost $100 million in revenue. My Position 25 shares at $47.30 Edit: edited final thoughts/TL;DR Please provide feedback! First time actually researching and compiling information for a company and not just reading about them on here. Also, please ask questions to clear up any confusion; it was kinda hard to put everything together neatly, so I might have accidentally left stuff out or oveunder explained some things.
[Chronicles of Elyria] People paid $10k to be kings and queens in a failed crowdfunded game; lead dev still pretending he’s ‘working on the game’ after closing the studio and laying off all staff.
Remember, Remember, the 5th of NoRender...
I am surprised there aren’t any posts about Chronicles of Elyria on HobbyDrama yet! The community was so rife with drama from start to finish that I don’t even know where to begin. Throwaway because I will probably be doxxed if I post on my main.
What is Chronicles of Elyria?
Chronicles of Elyria was pitched as a Kickstarter in May 2016 as a dynamic MMORPG with procedurally-generated quests, a fully destructible environment, closed economy, finite resources, and survival elements. The goal was $900k, but they made about $1.3 million in the initial campaign, and through their subsequent crowdfunding efforts made close to $8 million total over the next few years.
What went wrong?
In terms of lofty ideas, Chronicles of Elyria was right up there with Star Citizen, but with a fraction of the funds. We’d be here all day if I went into detail about all of the game’s proposed features, because it’s like they were trying to be Crusader Kings meets medieval life simulator meets Harvest Moon meets survival game meets action RPG all at once. Browse through their Developer Journals; even without a background in game development, it’s clear that the scope of what they were trying to pull off would have been ambitious for a major studio, let alone a small crowdfunded team. The game’s initial release date was a laughably unrealistic Q4 2017, so it was no surprise that this would get pushed back again and again over the course of development. However, on March 24, 2020, lead developer Caspian made an announcement that rocked the community: State of Elyria: Into the Abyss (autoplay warning). In his typical long-winded fashion, Caspian spent the bulk of the post outlining the milestones the team reached over the past year, but only in the last few paragraphs did he mention that due to financial stressors from COVID-19, they ran out of money and had to lay off the entire team, shuttering development of Chronicles of Elyria. Because of several factors I’ll cover in the next few sections, the community did not take this well. In less than two weeks, the Washington State Attorney General’s Office reported they had received over 150 official complaints against Soulbound Studios, the most they had ever received for a company in that amount of time. Community whales formed a 'CoE Lawsuit' discord and discussed plans for a class-action lawsuit, demanding accountability and refunds. Some of them even pledged over $20k on the game, and they weren’t going to let Caspian cut and run. Amidst threats of legal action, on April 9 Caspian dropped another blog post, A Letter from Soulbound Studios to Our Community claiming that the March 24 post came from a “very emotional place.” He said that the community misinterpreted his intent, and that he was actually trying to communicate that he was still working on the game while looking for ways to secure additional funding. As you can expect, this was just as poorly-received as his last announcement.
Wait, why did people spend so much money on this game? And how did the drama get so spicy?
By its own design the game stirredupdrama even before release. With social stratification based on medieval feudalism literally built into the system, there was no way around it; the developers cheekily called it the “Dance of Dynasties.” There were multiple tiers of "pledges" and if I’m remembering correctly, the prices after the kickstarter were $500 for a Mayor title, $1000 for Count, and $3000 for Duke. The most coveted were of course the King/Queen titles, which had people shelling out a whopping $10000 for the chance to be royalty in an unreleased game. Even with the limited supply (6 kingdom slots per server iirc), these kingdom packages sold out all but one server. A few monarchs even purchased TWO kingdom slots to guarantee their supremacy on their chosen server. It’s very difficult to overstate the cult-like mentality of the community during the “peak” years of 2016-2018. There was an official CoE discord server where the developers frequently engaged with players, but most of the drama happened in what were called the Discords of Elyria. These were community-run discords for individual kingdoms, duchies, counties, towns, and baronies. Each had their own cliques of ‘advisors’ and elite roleplaying cabals. No, ‘elite roleplaying cabals’ is not an exaggeration; these people were spending thousands of dollars for a title to justify RPing as nobility to lord over the peasant rabble. This attracted a lot of entitled narcissists; the game’s structure practically encouraged it! I’ll give you an anecdotal example: I was really active within a kingdom discord and was eventually appointed as an advisor (the equivalent of what a guild officer would be in a normal MMO). This title was almost useless until release, so it was mainly just a glorified clique with a secret discord channel where we would theorycraft and talk shit about people we didn’t like in the kingdom. But I was the only one on the advisory council that did not possess a noble title, and a Countess kicked up a big fuss about this. Just like the real-life aristocracy, she was scandalized! Wording it in an RP-appropriate way with paragraphs of purple prose, she claimed that the $60 I pledged to the funding of the game wasn’t enough to prove I was fully committed. She and her cronies were so bothered that they tried to get me off the council. They went around DMing a bunch of people, accusing me of being a spy because I used to RP with some guy that left for a rival kingdom, and dredged up screenshots of year-old discord posts as proof my conduct was “unbecoming” of a representative of the kingdom. There’s a saga behind that story and many others; I can absolutely go into more detail in another post if enough people are interested in the byzantine “Dance of Dynasties” and the inter- and inner-kingdom drama that went down during the development of this beautiful disaster of a game… and developer involvement in said drama. If you want to waste several hours of your life, there is plentyofRPcringe archived on the read-only forums. For now, that’s just a small slice to help illustrate how detached from reality and cult-like this community was. Going back to the downfall...
Early Red Flags
As I alluded to, there were already red flags when the game was first pitched on Kickstarter. Despite hitting the initial $900k and going well into their stretch goals, the devs were still encouraging players to crowdfund long after the Kickstarter ended. There were several additional promotional events (somewhat outdated post that doesn't include everything) selling both cosmetic items and mechanically useful items, despite the developers going through hoops to justify over and over again why the game was not pay to win (it was). Eventually, the constant promotions and gamey tactics prompted community members to question why we were seeing more promotional events than development updates. The devs then admitted that the original Kickstarter campaign was meant to raise enough to be able to create a demo to attract investors and secure a stream of income that didn’t rely on crowdfunding. Unfortunately, no investors took a gamble on a risky debut from an inexperienced team, and despite Caspian making a few weird statements on Discord and implying they had “other sources” of funding that they did not have to divulge to the community, he too later admitted that they were relying solely on crowdfunding to make this game work. Well, this news was a departure from their previous claim that all they needed was 900k to develop the game for a Q4 2017 release, and that all funds would be used towards the development of Chronicles of Elyria. No one knew this was all just for a demo to attract investors, and people were justifiably upset.
The Community Begins to Turn
There was (and still is, last I checked!) a particularly loyal and obsessive subset of the community. At the slightest hint of criticism they’d quickly jump in to defend the game and devs. The community moderators were no better, and a lot of posts were censored or deleted from the forums. The developers had built up a sort of cult of personality with their over-involvement with the community. Despite a hilarious lack of transparency about the actual development of the game, they were… uncomfortably close to the playerbase. Caspian complained about specific players on the official discord and publicly accused two kingdoms of cheating during a cheap browser event meant to (surprise) raise more money. A player made a post on the forums saying the community outreach manager should be replaced (he was known for being snarky and condescending). Said community outreach manager actually private messaged people that upvoted the post, basically saying “if you think I should be replaced, please don’t contact me if you ever need anything in the future.” Yes, that came from the guy handling outreach. The "Map Selection" event was rife with its own kingdom vs kingdom drama, but the devs weren't able to redeem themselves here. After months and months of delays for a map event, Caspian failed to deliver the high-resolution maps as promised on November 5, 2018, claiming they were taking too long to render. "Remember, remember, the 5th of NoRender" became a meme and rallying cry across the community in reference to the constant delays and deception, to the point where people were banned just for saying it in the official discord. Then there was the issue of Prelyria. Prelyria was the low-poly pre-alpha client of the game they were developing. Meant to be like a graybox, it became a lot more involved than that and seemed to eclipse the development of the “real” game. People felt they had been bamboozled when they looked back: Pre-alpha video May 2016 Pre-alpha video September 2019 Some players with industry experience were pointing out that the amount of time the devs were spending on building the Prelyria assets and developing the low-poly client first (it was a lot more involved than a simple graybox) was actually going to be more cumbersome and definitely not save all the time the devs hoped it would. At this point, Caspian still looked like a well-intentioned idea guy with his head in the sky, and most people didn’t think he was intentionally scamming anyone. Personally, I believe Caspian definitely started out in earnest, but he spoiled his own vision with mismanagement and obfuscation. Funding was always a touchy subject. Despite first claiming they only needed $900k to finish the game, then saying no wait actually we need like $3 mil, Chronicles of Elyria raised almost $8 million in total and after 4 years in development had nothing close to a minimum viable product. We later learned that $500k of that initial $900k came from Caspian himself. This of course was not disclosed until after the Kickstarter. On March 20, 2020 (four days before the infamous Into the Abyss announcement), the devs released an exciting update claiming that Pre-Alpha Testing Has Officially Begun! Players that had pledged (iirc) $1000 or more now had access to test Alpha I! But excitement quickly faded as players realized this wasn’t really an alpha, but a 10-15 minute demo showing off movement and parkour mechanics and ONLY that. I didn’t have alpha access so I don’t know how bad the demo really was, and those who played it are still under NDA, but I heard it was terrible, and looked like something that could be slapped together in a couple weeks using Unity store assets. Let’s look again at the timeline Caspian pulled out at the end of 2017 when he admitted the Q4 2017 release date wasn’t going to happen:
V3 of the Website (Q3 2017)
ElyriaMUD (Q4 2017)
Alpha 1 (T1 2018)
Server Selection (T1 2018)
Settlement / Domain Selection (T2 2018)
KoE (T2 2018)
Design Experiences (T3 2018)
Alpha 2 (T3 2018)
Beta 1 (S1 2019)
Prologue & CoE Adventure Toolkit (S1 2019)
Exposition (S1 2019)
Beta 2 (S1/S2 2019)
Stress Test (Any paid account)(S2 2019)
Launch (S2 2019)
By March 2020, the only milestones they hit were V3 of the Website, Server Selection in November 2018, and Settlement/Domain Selection (after a series of delays that included a period of radio silence lasting over 100 days, it began somewhere around Summer 2019 and never officially concluded).
The Downfall
Now for the big question I’m sure all of you have: why was it such a big deal when he announced they ran out of funding? Indeed, projects are cancelled or become vaporware all of the time. While it's obvious Caspian and team were drowning in too many ideas and not enough tangible progress, why was this scummy enough to warrant hundreds of complaints to the AG and a class-action lawsuit? About a week before the March 24 announcement, Caspian launched the “Settlers of Elyria” event. It’s hard to explain out of context, but basically all the unclaimed duchies, counties, and baronies were going on sale, and players could purchase them at reduced prices. Yes, up to a day before he announced he laid off the entire team, he was allowing people to spend thousands of dollars on fake titles. Worse was the fact that this event was designed for new members of the community that didn’t have a chance to buy titles before or weren’t able to because of the prohibitive cost. Illegal? Maybe not. Fucked up? Absolutely. This, combined with Caspian taking a PPP loan right afterwards painted a damning portrait of a man squeezing every last penny out of this failed endeavor before he ran. Caspian kept the official discord open for a couple days after announcing the shuttering of the studio, but on March 29, he “fired” all of the community mods and deleted the discord, claiming that people were saying “horrible, unimaginable things” about him. There were rumors that he was cheating on his wife with a (much younger) community member. Apparently, a dev was corroborating these statements and providing receipts. Whether these awful rumors were true or not, Caspian’s reaction in the mod forum was nuclear.
The Future of CoE
After nearly six months of radio silence, a few days ago on December 17, 2020, Caspian gave interviews to MassivelyOP and MMORPG.com and released an “update” video that is a nothingburger rehash of old 'gameplay' footage and platitudes. He keeps saying that CoE is in development, but he has nothing to show. He keeps saying some of the staff have volunteered to work on it, yet based on their LinkedIn profiles it looks like most of the original team have found jobs elsewhere. He refuses to release the results of the studio’s audit. The new FAQ on the website is an obvious attempt to avoid lawsuits and in the two interviews he hilariously continues to extol his own transparency while being as transparent as a brick wall. People are still able to find justifications for Caspian's actions and to this day are in the community-run discords and subreddit trying to keep the hype train going. Maybe it's a combination of Stockholm Syndrome and Sunk Cost fallacy, but a lot of people still maintain absolute trust in his vision. I personally did not invest a significant amount of money (but I did waste my time, RIP), but it's still as saddening as it is maddening. Yes, those "Dance of Dynasty" posts on the forum might be cringey now, but people put SO MUCH creative energy and passion into coming up with lore for their kingdoms and duchies and towns and such, and despite being a skeptic for most of my time with the community, it was an incredibly unique experience to be part of this group. I just wish they would move on; put that energy into something productive and not waste it on a failed game. Caspian used them and he will continue to use them if people keep giving him a platform. EDIT: added more links EDIT2: Obligatory "wow I didn't expect this to blow up!" but I really didn't! Thanks for the gold x2!
This story is only ramping up, with numerous politicians jumping in today. The post made yesterday was specifically about Discord banning their server. But that is A) really tangential, and B) very much in the middle of the procedure. And when people enter in the middle, we often have a bad habit of assuming what came before. So I wanted to start with the basics of finance so it's all laid out simply.
It begins with a magic box
Suppose there is a magic box that spits out $10 every year. Every January 1 a $10 bill comes out of this box. You don't know how and you don't care, but you have every faith it will continue to happen. How much would you pay for the box? Seriously, try to come up with a number. It's not obvious if you've never studied this kind of thing. The entire field of finance exists to answer questions like that. But let's say for the purposes of our discussion the "reasonable" price is $500. (If you're curious about the actual calculation, look up "Present Value of a Perpetuity".) We'll say there's a whole bunch of these magic boxes out there, all exactly the same. But not infinite. So if someone new comes along and wants a box, they have to find a previous owner and offer a trade. Maybe you'd take $500 for it if you wanted the money now instead of waiting. Or maybe you really like your box and you insist on $520 or $530 for yours. If all the people buying and selling the boxes make the trade prices publicly known, what you have is a market. And the prices of the boxes will go up and down based on various factors. But it should be clear that regardless of what anyone is paying for it, this magic box continues to work exactly the same.
Eat my shorts
So you have your box. I come to you and say "Can I borrow that? I will give it back to you in the future, and in the meantime I will pay you the $10 every year that the box would have." So to you it makes no difference. To the box it makes no difference. But to the market, it might. Because I can then go sell that box, planning to buy it back later. And if I do that a lot, all these boxes I'm selling might make people less interested in buying. Which means the going price is lower, and the box I sold for $500 maybe I can buy back for $400. Then I return it to you and keep the difference as profit. (Minus any annual payments I had to give you.) This is "short selling", or "shorting". Instead of buying then selling, I would sell then buy. It's made possible because I was able to borrow. Now let's ramp it up. I borrow more and more boxes, selling each time. I even borrow the same box again from the person I sold it to, just to sell it to someone else. And the price at which I do it goes cheaper and cheaper and cheaper. Eventually I'm so successful the last buyer bought a magic money box for $50. I have successfully shorted the price that low. So let's ask the question: is this bad? Consider different points of view:
If you had held on to your box and suddenly found you needed a quick $500, you'd be pretty unhappy if no one was paying more than $50.
If you loaned yours to me you don't care. You're still getting your annual $10 and will eventually get the box back.
The box doesn't care. Not because magic boxes don't have feelings (who knows?) but because it still works exactly the same.
If you were looking to acquire a box, you'd be absolutely thrilled that I had made them so cheap.
So good/bad depends on who is speaking. But I would point out that the first group is hypothetical and probably not that big. But the fourth group very definitely exists. My shorting offered a lot of valuable boxes to a lot of people at a very low price. In any other context you might even call that a public service. In all likelihood, the biggest loser of this scenario is me. I took something of proven value and made people temporarily question that. But if they have either rationality or patience, they're not going to sell me these boxes back at $50. And I do have to buy them sometime because I owe a whole lot of them.
Group hug
In fact, sometimes it's not up to me when I start returning the boxes. Suppose that while I'm trying to short the price down, it actually goes up to $600. You were fine with me borrowing before because you knew that I'd already have the cash to buy it back at a lower price. But at a higher price, you'd probably want some reassurance. This is known as a "margin call". (Margin being the broker's term for borrowing.) When the price goes higher than expected, as the short seller I either need to dump a whole bunch more cash in the account to make you more confident, or I need to start buying back the boxes immediately and returning them to the lenders. But of course if I start panic buying a bunch of boxes, that's going to have the exact opposite effect that selling them did. The market price will go up. And the higher it goes, the more margin calls I get on the ones I still owe. This loops on itself over and over, and is known as a "short squeeze". Basically everyone in this situation wins except me. Lenders get their boxes back immediately. People who bought them cheap now get to sell to me at a higher price. People who held see the price shooting up. This is why shorts are painted as the enemy - because in terms of our bet, it's everyone against me. But remember that the short itself wasn't a problem. All I did was make this valuable magic box available at a low price.
You don't actually believe in magic, do you?
Of course, magic isn't as reliable as it used to be. For years the box spit out a $10, sure. But at the start of 2021, each of the boxes only gave out $7... Well that changes things, doesn't it? $500 may be a fair value for $10 a year. But if the box doesn't pay as much, it's not worth as much. And what if next year is lower than $7? What if someday it stops giving out money entirely? Now the *intrinsic value* of the box has changed, and may continue to do so. If I were to short in this environment, that makes a lot more sense, does it not? If the price is going to go down, I'd sure like to be selling now and buying later. This still puts us on opposite teams. Whether you bought your box a long time or got it cheaply from me, you hope I'm wrong and come next January it goes back to giving $10s. Again, you win if I fail. I guess that makes me the enemy. But don't mistake that for me breaking the box. I didn't affect it. I just have a different prediction.
The box is Gamestop. It was a metaphor!
OK, push the "magic box" analogy to the back of your mind. Stocks really aren't all that different. When you buy a stock you own a piece of a company. You bought it from a previous owner. You hope they will make money and someday send you your cut (called a "dividend"). But these things are unpredictable, which is why stock markets move around. Always remember the order though: The magic box affects the price. The price did not change the box. If Gamestop is a good company, all the shorts do is make the stock cheaper for people who would like to own it. They can't drive the company out of business and "cost thousands of people their jobs". Which is something I've been seeing people say. It's kind of why I wrote this. You can't make the magic boxes stop just by selling a bunch of them. However, if Gamestop is legitimately having problems, the price is going to go down and the shorts are just the first ones to figure that out. (1)
The special investors
I've been entertained by WallStreetBets for years. And there's a way I like to describe them: 1/3 smart people acting dumb because it's funny. 1/3 dumb people not knowing it's a joke. 1/3 people who think they're in the first group but are actually in the second. WSB has made the news a couple times. The biggest story before this involved using an account glitch (at newbie broker RobinHood) to borrow a million dollars and then gamble it at 20:1 odds. Who they are (or at least pretend to be) are wanna-be Jordan Belfort. (The guy from Wolf of Wall Street). It's not reflective of your save-for-retirement investor and it's not some new Occupy Wall Street movement. Causing a short squeeze like the one I described above is something they might do because it's funny, and because some gamblers will get paid off, and because it's funny. That's basically what happened here. Many short sellers had bet against Gamestop. Management had added new members to their Board of Directors (basically the shareholder's representatives) including Ryan Cohen, the founder of pet-food-seller Chewy. His suggestions about significant change to the company had inspired some optimism. WSB members saw that as an opportunity and tried to rally people into the stock to cause a short squeeze. And from there it caught on. Make no mistake. When something like this hits the news, causing either casual investors or anti-Wall Street bandwagoneers to follow with their own money, that makes the joke so much better. But remember the stock price does not affect the underlying company. The shorts pushing it down to $4 or the buyers/squeeze pushing up to $400, neither affects how Gamestop operates. This isn't about saving the company. It's what happens when serious predictions meet treating-money-like-a-video-game.
Short answers about shorts
Is there going to be a government bailout? Not of the hedge funds. We're only talking about 1-2 funds. And I assure you, there are hedge funds on the other side as well. Nobody wants to see a fund manager fail more than their rival managers. The industry is fine. And hedge funds are by their very nature not open to average investors because of the risk involved. Will anyone else get one? I don't know. This is America. So probably. How will this end? I don't know the accurate value of Gamestop stock any more than anyone else. But I can tell you it's a lot closer to $10-15 than it is to $250. If you're in for the joke, it's hilarious. But the higher the spike, the more appealing it is to sell - both to new shorts and to long-term holders. No one wants to be the last one holding. Marijuana company Tilray might be a model. In 2018 the stock was first issued at $17 per share. Buyers (including a great deal of WSB hype) pushed it up to $300 within 3 months. Last year it hit a low of $2.43. Who will be the biggest loser? Probably RobinHood. This app-based broker targets a less experienced audience which makes them perfect for WSB-style comedy. And for reasons not entirely clear, earlier today they banned the purchase of Gamestop (along with others including AMC, BB, and BBBY) on their platform. This has already sparked a class-action lawsuit and promises of legal investigation from as diverse a group as AOC and Ted Cruz. That action may actually be the bit that leads to lasting change. If it turns out that Robinhood was pressured by their own market connections, who were motivated by the hedge funds involved, we might see stricter rules about firewalls between roles. But that is speculation. I could guess several reasons why they might have acted that don't rhyme with "Bon fearacy". But they should be made to answer. Is this like 2008? No. Other than that they're both about finance, and therefore about the prediction of the value of future events. But these are predictions about the value of selling used video games. Not comparable to a drop in home values - the most widespread, leveraged market in the world. ----- Footnote: (1) For completeness, I should add a caveat. If a company is in trouble but not dead, they may seek out new investors so they have money to stay alive longer. A low stock price makes that harder to do, and short sellers certainly don't help that. But crucially here, genuine problems must exist first.
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I do not own any of these videos. The makers hold full ownership of the videos. Get YouTube without the ads. Working... Skip trial 1 month free. Find out why Close. ... How I got banned from sports betting... - Arbitrage Betting Explained - Duration: 14:07. Hey everyone, I stumbled upon something that all YouTube Partners might not be aware of. Anyway, new "alcohol" and "gambling & betting" categories have been... 6/05/2017 Relaxed media laws will also allow for mergers and takeovers. Casinos and Gambling should be banned from any area, as they only can produce sin and corruption. ... Get YouTube without the ads. Working... Skip trial. 1 month free. Find out why Close. Get YouTube without the ads. Working... Skip trial 1 month free. ... When Gambling isn't Gambling: The Legality of GTA V's Diamond Casino (VL78) (Hoeg Law) - Duration: 31:04. Advertising is a free speech issue, as it is a form of communication according to Senator Leyonhjelm. Sports betting is also not advertising anything illegal... From rampant misogyny to questionable medical advice, we count fifteen vintage ads that would never see the light of day in the modern world!Facebook: https:... A public service announcement about the dangers of gambling. This feature is not available right now. Please try again later. After today's $71K win, The Whale is now banned from one of the sportsbooks. In the coming days, The Whale will be looking for other sportsbooks to spread action around.