/scg/edg/ Star Elite: Citizen Dangerous General #173

Why would a bank loan money at below the inflation rate?

Neither. CIG took out a loan to pay for the massive Amazon bill that's incoming. They aren't going to pay that out of pocket any more than CR would make the game with his own money. He could have paid for the smaller original SC out of his own pocket, but used other people's money instead.
Ever wonder why?
Because the bank is getting it for half the rate from London's central bank then almost doubling it with CIG. CIG is almost double the return from bonds for the bank.

>CIG is practicing usury
I disavow

...

Well, that's kinda boring.

Anyone else have something fun to talk about then?

I fucking knew he had something to do with it.

They are taking a short against the future bill when pounds will be much cheaper by then. Thanks Brexit.

>Man who makes a living off SC hype says that CIG is not in trouble

>Anyone else have something fun to talk about then?
Waiting for 3.0 :^)

>Anyone else have something fun to talk about then?

No not really.
August planned release for 3.0, which will be a stripped down shitty version of what was originally promised as the patch to wait for

dead game

...

Yes, thats perfectly reasonable. Just saying shouldn't give a shit about what a car salesman says about a car.

Been checking plebbit / forums, it's comfy to see some of the pvpers who got caught out it's the engineering exploits having their modules reset

They are taking precautions for when british economy bombs by gambling """"everything""" on whether Britain offers the tax refund on time?

>whether Britain offers the tax refund on time
it's fiat money, the government would never default. The currency might be worthless by then, but that's the bank's problem.

Being concerned because they took out a sizable loan for no apparent reason and speculating upon it is one thing.

Being straight up fuckin' illiterate is another. Try reading it again.

What are the chances Squadron 42 comes out early 2018?

youtube.com/watch?v=7tIwZg8F9b8

0%

Thanks for the clarification English isn't my mother tongue and i'm a economically illiterate too apparently XD

here

Buy British pounds now lads. Derek wouldn't lie to us. This Brexit thing is going to leave the UK sitting pretty and CIG's gonna feel real dumb when the bill comes due.

Why does he have a hateboner about this games?

About ~50 minutes from now for the satellite deploy

because his game is shit and others can't win

It's my theory that derek wanted to kickstart his own space sim battlecruiser 4000 or something

but chris cucked him hard

either:
>this is the most elaborate ponzi scheme in human history in its depth and fabricated facsimiles of effort
or
>they're actually trying to make a game

>people believe the former

>You can't trust the things people who like SC say about the loan because they're biased
>therefore CIG is doomed

>this is the most elaborate ponzi scheme in human history in its depth and fabricated facsimiles of effort
I wouldn't even be mad. I'd still be a part of the class action, but I wouldn't be mad

...

It's pretty textbook fallacious conspiracy theory shit. They're convinced they're right, and if they can't outright refute evidence that they're wrong, they'll just dismiss the source as biased or similar bullshit. And then as soon as something that even looks remotely negative happens, they'll leap on it to say "SEE? WE WERE RIGHT ALL ALONG". And then you explain why they're wrong, and if they can't refute it, they'll again either dismiss the source or come up with some mental gymnastics about why they're not wrong or you're "delusional".

No better than feminists or /pol/, really.

N-no this can't be Star Citizen is doomed, this loan is the final nail in the coffin. The end of Robert's pledge campaign.

He's horrifically in debt and salty

>$826k mortgage
Literally fucking why? Too much lead in the pipes growing up?

I genuinely think that Derek Smart is falseflaging goons and is secretly a Star Citizen fan.

The thing that kills me about this is, who would they trust? Would they trust someone who doesn't like CIG if they said that CIG is fine? Why would anyone who doesn't like CIG ever do that? Would they just dismiss that person as a turncoat?

It's the same kind of crap you see with, like, climate change. Oooh, you can't trust those climate scientists because they're biased! If climate change wasn't proven false, they wouldn't make any money! Well who the fuck else is going to look into this shit? Someone who thinks it's fake isn't going to do the research because they're already convinced it's fake.

These people literally cannot be reasoned with. They're just stuck in their own ideological bubble. It's fucking asinine.

Why the fuck did he buy a $1 million house?

He isn't very good with money.

He's a nigger who got a little bit of money and decided he was independently wealthy and spent everything he had immediately, like a nigger. Why do nigga rappers spend millions on cars and bling while still living in shit tier apartments in the hood?

It's because they're stupid user. It's not being racist it's being observant.

Working out the nature of the source is rule #1 of anything, user.

An SC streamer saying nothing is wrong is not something you should give a shit about. CIG explaining it is.

Was it his mother or aunt that was paying his rent currently?

Why does Derek give so much of a shit?
He's losing any shred of credibility he may have had in a vain attempt to turn public opinion against an in-development video game

What gain does he think he'll get out of this?

derek smart's wife eloped with CR at some point and as a result derek is now on the hook for alimony revolving around kids that aren't even his

>What gain does he think he'll get out of this?
He hasn't thought that far ahead. He's just a reactionary. He doesn't have any original ideas of his own. Look at fucking Line of Defense, it's unbelievable that he could criticize any game when his shit is that disastrous.

But CIG is CLEARLY trying to hide the fact that they're about to close down forever!

I'm not saying you should trust every source you come by, and sources certainly can have a conflict of interest, but that doesn't inherently make the information wrong or the argument bad. It just means you should scrutinize the argument a little more closely. That's argumentation 101.

Someone may be an SC streamer, but that doesn't mean they're wrong. And you can't just dismiss them because of it.

Still, the bigger problem I was getting at is that goons will dismiss any source that disagrees with them as biased or trying to hide something. It's insane.

*shits on sc ship design w/ space airbus*

>committing ad hominem fallacy is literally rule #1 of anything
How much did you pay to take that class in logic, user? 10 dollars?

Actually it's a genetic fallacy, not ad hominem.

Its just conjecture based on the same dribbles of information everyone else has, but from a source that has a vested interest in making it appear as though nothing is wrong. I just wait for the official excuse as usual.

Look up what ad hominem is and maybe you can talk with the other adults, champ.

'scuse me, pardon me, superior space airbus comin through.

>people have been shitting on derek since 2006
youtube.com/watch?v=H5YlR07nGYM

REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>Its just conjecture based
It's the most reasonable assumption to make because it's the kind of shit the majority of businesses with any sense of scale do literally all the time.

If you want to be rational, THAT'S the assumption you should operate under until new evidence appears to suggest otherwise.

Is it behind the pile of shit?

>CR raising black kids
Talk about winning the life lottery.
>Someone may be an SC streamer, but that doesn't mean they're wrong. And you can't just dismiss them because of it.
You get automatically discounted if you stream SC exclusively. This is not a game, and won't be for a while yet. People playing hours of SM and AC and acting like it's the most fun shit they can think of to do are immediately sus as fuck.

I tipped WTFOsaurus when he was having a meltdown and about to delete his channel because SC has basically ruined itself for him, because he was at least honest about it.

I have too admit, even as someone who haaaaates E:D and E:D ship design in general, Guta ships are pretty good looking.

same. The funding raised during the past days...

I don't assume anything. Mother of all fuckups.

Space X is back. Satellite deploy in a bit.
youtu.be/7tIwZg8F9b8

>I don't assume anything
>Therefore CIG is doomed
???

Assumptions are perfectly reasonable. Bayesian logic motherfucker.

I'm sure the Nox had nothing to do with it

Whom the fuck are you quoting, because I certainly never said that

did the first stage landing succeed?

>Look up what ad hominem is and maybe you can talk with the other adults, champ.
Thanks for
1. confirming that you actually are familiar with logical fallacies while still pretending you aren't committing one
2. because your ego won't let you not step in that trap to gloat about an error someone made
3. smarmy pretend-friendly condescending nickname
4. with all of the above, leaving the complete goon fingerprint on your post

>mother of all fuckups
Sounded like you were implying CIG/SC/CR is the "mother of all fuckups".

I'm trying to parse this gibberish but its completely lost on me

Yup. Just off center, but well in the circle, even with shitty weather.
>tfw motherfuckers are playing space rockets for real and I'm beating my dick to degenerate porn.

Fuk, almost forgot about that

>Nox
>Fort Knox
It all makes sense now

how long until updates, this same old shit is getting real old

two plus two weeks

Technically, the next update is tomorrow when they announce the weekly show schedule. The next real info worth giving a shit about is Thursday with AtV.

...

>S-s42 sooon...
>3.0 a--around t-the corner
>really, its gonna be h-huge guys, really

"3.0" release in August.
Actual 3.0 like promised? 2018.

Pledged to SC 4 years ago and stopped following until recently.

How do I get a refund on this scam?

I'm kinda peeved that we are only getting moons, but they are supposed to be fuckhuge and even one moon could be good if there is shit to do.

Now they have surface outposts and stations almost on hotkeys, so I am unironically optimistic to see just how much they have to do.

Ask your fellow goons

Replying to myself. I meant as in things to do on the moons.

>he thinks we gonna get some real content soon(2018[+1])
wew

>yfw eating shit with nothing but constant 3.0 weebums spammed in this thread within another month or so

I mean, no bullshit, if there is cargo and pirate bases and planetary landing and surface garages for bikes and Ursas, it can't be worse than now. That's not even counting the new missions.
Is it the Jesus patch? No. Is it an improvement that might be fun to play? Maybe, better than 0 odds. Having ship systems that mean something will be pretty fresh on its own.

3.0 won't be out before the year end my dude
youtu.be/l6UpYsOwlGY
lets enjoy some past highlights

>it takes a team of engineers less time to design, build and fly a rocket into actual space than CIG does to develop 1 star system in software

suddenly I want my $45 back

reddit.com/r/starcitizen/comments/6jh1aq/90_days_tops/

>tfw you do nothing but space trucking because CIG makes it fun and engaging with a real feeling economy that makes you feel like a stakeholder and one day you try bounty hunting because it's such a big game and immediately get wrecked by someone in an Aurora MR.

I wish making games would get as much funding pumped into it as the space race did in the later 20th century
hell it probably wouldn't help, games make money even when they're shit these days

upboated

Well meme'd o7

+42

>They aren't going to pay that out of pocket

It stays in their pocket, really? And what does it do there? Earn a laughable fraction of the interest the bank will be devouring for a loan they supposedly shouldn't even need?

Loans have to be paid back, plus interest. It always comes out of pocket eventually and you will always be worse off than if you had your own funds to begin with. The only reason to take out a loan is if you are broke and can't afford otherwise. If you think there's some kind of magical financial gymnastics that could ever make a loan sensible if you had sufficient funds of your own, you are delusional.

>He could have paid for the smaller original SC out of his own pocket, but used other people's money instead.

He doesn't have to pay back the crowd. Not interest, and not even the principal. It's free money in exchange for pictures of starships. Don't even begin to presume to equate what are essentially donations, with a bank loan.

Why do people like you keep ignoring the fact that businesses take out loans like this every day? And yes, if you're a start-up you put up your business as collateral. There are dozens of reasons why it's a good idea.

But you don't care about that, do you?

>It stays in their pocket, really?
They haven't received it yet, Dave Ramsey. They borrowed against a future payment from the government. Unless you think western society is going to collapse in the next few months, it will probably be ok.
>Loans have to be paid back, plus interest.
You're a bright one. The tiny interest they are paying is because they haven't spent their cash reserves. If they couldn't pay the loan off in full, the interest would be way more than 2x LIBOR.

CIG gets to spend Pounds while they are valuable and gets the most out of future money the government promised them. The bank get an inflow of cash from the governement, backed by CIG, at a time when Pounds will be struggling. Quit trying to think you can equate personal finance to how large multi national companies operate.