You can't. Livestreaming isn't a Skype call; the video has to be encoded, ingested, replicated, served, decoded. There's a massive amount of work on the back end, and with the additional limits of HLS, 12 seconds is about the bare minimum.
For non-partnered streamers, 720p@30fps, 2000kbps is the recommended 'golden point'. With NO custom buffer size.
Too much bitrate and your viewers will stutter and lag worse.