Seems to be some kind of restriction on your side. I don't see any error messages. Both streams (low and high quality) are working fine for me.
Code:
livestreamer "hls://http://198.179.31.198/live/694.low.stream/playlist.m3u8" best -o 01.ts
Code:
[cli][info] Found matching plugin stream for URL hls://http://198.179.31.198/live/694.low.stream/playlist.m3u8
[cli][info] Available streams: live (worst, best)
[cli][info] Opening stream: live (hls)
[download][01.ts] Written 692.6 KB (16s @ 524.2 KB/s)