Star Citizen: Death of a Space Thread?

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Mirificus: Oct 29, 2004; Kings need not raise their voices to be heard

# ? Oct 25, 2017 19:20

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# ? Apr 27, 2024 04:21

Mr.Tophat: Apr 7, 2007; You clearly don't understand joke development

please seek help

# ? Oct 25, 2017 19:21

D1E: Nov 25, 2001

Has Derek made any predictions regarding CitizenCon, or is he still riding on the ELE from two years ago?

# ? Oct 25, 2017 19:23

Daztek: Jun 2, 2006

Dual Universe posted some tutorials on their Youtube

Let's make a ship

https://www.youtube.com/watch?v=V3puZXotLIw

# ? Oct 25, 2017 19:25

kilus aof: Mar 24, 2001

Even Citizens are calling out CIG's shoddy volume calculation.

# ? Oct 25, 2017 19:25

Zakutambah: Jan 17, 2007; #include <Mastodon.h>
#include <Pterodactyl.h>
#include <Triceratops.h>
#include <SaberToothed_Tiger.h>
#include <Tyrannosaurus.h>

void megazordSequence();; College Slice

Reading through Gamescom posts (Latrine is back! Hi Latrine!), and I hate being the "what's the story here?" guy but...

Beet Wagon posted:

"...in the sense that Cloud Imperium have made a bunch of new and excitingly boneheaded moves like leveraging their entire company against a payday loan..."

...what's the story here?

# ? Oct 25, 2017 19:26

thatguy: Feb 5, 2003

D1E posted:

or is he still riding on the ELE from two years ago?

Looks like you two have more in common than you think.

# ? Oct 25, 2017 19:27

tooterfish: Jul 13, 2013

Zakutambah posted:

...what's the story here?

CIG leveraged their entire company against a payday loan.

# ? Oct 25, 2017 19:27

One in the Bum: Apr 25, 2014; Hair Elf

AP posted:

https://twitter.com/SandiGardiner/status/922610824379637760

I call bullshit. The desks are not made of wrecked airplane wings.

# ? Oct 25, 2017 19:28

his nibs: Feb 27, 2016; Welcome to the
Dream Factory; Grimey Drawer

I'm a little disappointed by the quality of thread titles of late.

I mean, nothing will probably top Sunk Cost Galaxy, but still...

I vote !competition

# ? Oct 25, 2017 19:31

Colostomy Bag: Jan 11, 2016; C-Bangin' it

kilus aof posted:

Even Citizens are calling out CIG's shoddy volume calculation.

lol.

A ten minute conversation in someone's office could have settled this.

# ? Oct 25, 2017 19:34

Zakutambah: Jan 17, 2007; #include <Mastodon.h>
#include <Pterodactyl.h>
#include <Triceratops.h>
#include <SaberToothed_Tiger.h>
#include <Tyrannosaurus.h>

void megazordSequence();; College Slice

tooterfish posted:

CIG leveraged their entire company against a payday loan.

Danke.

Have a cat.

# ? Oct 25, 2017 19:35

MinorInconvenience: Feb 24, 2017; Criminal lawyer or criminal, lawyer. Yeah. No difference.

SpaceCurtisLeMay posted:

If you are going to hedge currency you do it on the futures market. Let's say I'm in the US, but going to make a big purchase in Australia or pay a company for services in Australia in 6 months. Let's say it's AUD 1M. Well if I want to lock in my costs for that expense I'll buy AUD 1M today for delivery in 6 months. This way I take speculation out of it and I've locked in my cost.

We do the same thing with our crops on the farm. Generally prices are higher next summer than right now. We typically book 80% of our expected yield on the futures market. This way we've locked in and instead of costs have locked in expected revenue. We roughly know how much we are going to make so can make other decisions, like whether to repair an existing combine or buy a new combine, based on that knowledge. The remaining 20% we'll book either after it is in the bin or wait and sell based on spot price.

Example, let's say we expect to harvest 40,000 bushels of rice. We'll book 30k bushels on the futures market. But then after harvest we might only have 38000 bushels because 40 acres flooded or it might be a bumper year and we ended up with 42,000 bushels. We'll book that addition 8k or 12k or whatever after it's harvested and in the bin.

Taking out a loan like they did is something you do if your business has short term cashflow issues. And cashflow in business is king more so than profit. I've seen profitable businesses go bankrupt due to cash flow issues.

No, no, no. It is obviously this:

Notice, my friends, that while Ortwin says it makes sense from a currency fluctuation perspective, he never outright denies CIG did it because of cash flow issues. Lying by omission... it's why all smart people loving hate lawyers.

# ? Oct 25, 2017 19:36

Mr.Tophat: Apr 7, 2007; You clearly don't understand joke development

When One Door Closes Another Bug Smashed

# ? Oct 25, 2017 19:36

a real rude dude: Jan 23, 2005

tooterfish posted:

CIG leveraged their entire company against a payday loan.

what�s the story here

# ? Oct 25, 2017 19:39

Taintrunner: Apr 10, 2017; by Jeffrey of YOSPOS

The Titanic posted:

I don�t know who this guy is, but it�s cute that his look in the picture is identical to the one in his avatar.

No, no, he does that in EVERY picture. Because how will I stand out as a Streamer if I don't have a Unique Brand?!

# ? Oct 25, 2017 19:39

his nibs: Feb 27, 2016; Welcome to the
Dream Factory; Grimey Drawer

While My GPU Gently Weeps

# ? Oct 25, 2017 19:46

Strangler 42: Jan 8, 2007; SHAVE IT ALL OFF
ALL OF IT

david... posted:

what�s the story here

Every year Foundry 42 in Britan gets a tax credit for making a game with a certain amount of "Britishness" in it. Based on what they earned last year it was estimated to be around 5 million this year, payable in the fall. However! The took out a loan from Coutts bank sometime earlier this year for an advance on the tax credit they were going to receive. They just had to put up all the Squadron 42 assets as collateral in the event that they don't make it to the fall to cash in that tax credit.

Essentially they risked their whole company for a month of funding, not unlike getting an auto title loan to pay your electricity bill. It might keep the lights on but you are in pretty bad shape if you're even considering it.

# ? Oct 25, 2017 19:47

Colostomy Bag: Jan 11, 2016; C-Bangin' it

his nibs posted:

While My GPU Gently Weeps

Is your GPU feeling grief?

# ? Oct 25, 2017 19:48

trucutru: Jul 9, 2003; by Fluffdaddy

You ignorant suckers the money is sent from the US to the UK and then back to the US because CIG makes money from the forex both ways. That's the advantage of working for geniuses.

# ? Oct 25, 2017 19:50

his nibs: Feb 27, 2016; Welcome to the
Dream Factory; Grimey Drawer

Colostomy Bag posted:

Is your GPU feeling grief?

I Saw Him Janking There (and there, and there)

# ? Oct 25, 2017 19:51

Libluini: May 18, 2012; I gravitated towards the Greens, eventually even joining the party itself.

The Linke is a party I grudgingly accept exists, but I've learned enough about DDR-history I can't bring myself to trust a party that was once the SED, a party leading the corrupt state apparatus ...; Grimey Drawer

Colostomy Bag posted:

How the hell do you serve a whiskey "born" in 2947 within a game based in 2942?

Simple, have the game crash every time you attempt it and make the game send a message reading "You've created a time paradox!" to the player

# ? Oct 25, 2017 19:52

fritzgryphon: Jul 15, 2017; by Lowtax

Colostomy Bag posted:

How the hell do you serve a whiskey "born" in 2947 within a game based in 2942?

BC.

# ? Oct 25, 2017 19:56

Mr.Tophat: Apr 7, 2007; You clearly don't understand joke development

I Backed A Game And I Got Was This Lousy JPEG

# ? Oct 25, 2017 20:03

BluesShaman: Apr 25, 2016; She wore Blue Velvet.

When I think of space games, I think of Spelljammer: Pirates of Realmspace.

# ? Oct 25, 2017 20:03

Mr.Tophat: Apr 7, 2007; You clearly don't understand joke development

Hello Operator? I Called It Two Weeks Ago But I Can't Get Through

# ? Oct 25, 2017 20:05

Mr.Tophat: Apr 7, 2007; You clearly don't understand joke development

This Is About Ethics In Crunch Mode

# ? Oct 25, 2017 20:07

Mr.Tophat: Apr 7, 2007; You clearly don't understand joke development

Come For The Dreams, Stay For The Autopsy

# ? Oct 25, 2017 20:08

MilesK: Nov 5, 2015

Mirificus posted:

When do I get my free* Tophat and monocle?

*free with any purchase of $1,000 or more

# ? Oct 25, 2017 20:11

FMguru: Sep 10, 2003; peed on;
sexually

Mr.Tophat posted:

I Backed A Game And I Got Was This Lossy JPEG

# ? Oct 25, 2017 20:12

tooterfish: Jul 13, 2013

Zakutambah posted:

Danke.

Have a cat.

I know I was being a smart arse, but it literally is that.

They used their entire company as collateral for a �3m loan. Which is perfectly normal and good, according to the financial experts on r/starcitizen.

# ? Oct 25, 2017 20:14

Strangler 42: Jan 8, 2007; SHAVE IT ALL OFF
ALL OF IT

Mirificus posted:

nothing says big spender quite like a fake tophat and monocle along with a real tee shirt with a space ship on it.

# ? Oct 25, 2017 20:16

Ghostlight: Sep 25, 2009; maybe for one second you can pause; try to step into another person's perspective, and understand that a watermelon is cursing me

The Titanic posted:

I don�t know who this guy is, but it�s cute that his look in the picture is identical to the one in his avatar.

He looks like a Clifford AKA Miku whose plastic doll budget isn't significantly higher than his food budget.

# ? Oct 25, 2017 20:49

BloodyScab: Sep 12, 2017; by Smythe

Its official cymelion is a goon now.

https://www.reddit.com/r/starcitizen/comments/78nc49/can_i_buy_my_way_into_evocati/dovs9hl/

# ? Oct 25, 2017 21:02

Foo Diddley: Oct 29, 2011; cat

I think I genuinely found someone worse than Goons today and that's you and I've seen some real poo poo out there in this world

# ? Oct 25, 2017 21:03

AP: Jul 12, 2004; One Ring to fool them all
One Ring to find them
One Ring to milk them all
and pockets fully line them; Grimey Drawer

Ghostlight posted:

He looks like a Clifford AKA Miku whose plastic doll budget isn't significantly higher than his food budget.

https://twitter.com/CaptainZyloh/status/923244435907010561

https://twitter.com/KeeganStandifer/status/923254896647987202

# ? Oct 25, 2017 21:03

AP: Jul 12, 2004; One Ring to fool them all
One Ring to find them
One Ring to milk them all
and pockets fully line them; Grimey Drawer

https://twitter.com/JourneymanSC/status/923271360834625537

# ? Oct 25, 2017 21:03

Foo Diddley: Oct 29, 2011; cat

AP posted:

https://twitter.com/CaptainZyloh/status/923244435907010561

https://twitter.com/KeeganStandifer/status/923254896647987202

So when Clifford aka Miku's pizza is five hours late, do you think he sends free video games to the pizza place?

# ? Oct 25, 2017 21:05

AP: Jul 12, 2004; One Ring to fool them all
One Ring to find them
One Ring to milk them all
and pockets fully line them; Grimey Drawer

# ? Oct 25, 2017 21:07

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# ? Apr 27, 2024 04:21

Drunk Theory: Aug 20, 2016; Oven Wrangler

Mirificus posted:

https://twitter.com/real_lethality/status/923234350988251139

Mirificus posted:

So the big money perks that Lethality is posting about are some random hanger items, virtual booze, and the ability to buy/discount on their newest ship?

Great perks!

# ? Oct 25, 2017 21:16

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