The discussion focuses on calculating the volume of displaced fluids in a hollow cylinder submerged in a fluid. Participants emphasize the need for specific parameters, such as the total height of the cylinder or its mass density, to determine the height of the fluid column inside the cylinder. They clarify that the cylinder is open at the bottom and filled with the same fluid as the surrounding tank, which affects the forces acting on it. The conversation also touches on the pressure differences at the top and bottom of the cylinder, leading to discussions about the forces balancing each other. Overall, the thread highlights the complexities of static lift calculations and the importance of understanding fluid dynamics principles.