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clonkrieger
Imperium Forces
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Posted - 2008.10.08 04:32:00 -
[1]
Well...
You know you silly people CCP is privately owned, so you can all be reassured that EVE Online is perfectly safe.
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Returned after being absent.
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Herschel Yamamoto
Bloodmoney Incorporated
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Posted - 2008.10.08 04:40:00 -
[2]
If the bank crisis gets to the point where it's taking down internet spaceship companies, it isn't going to matter who owns it. Fortunately, that's virtually impossible.
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Herschel's Lottery #1 - Win a Kronos! |
SpaceSlag
Gallente
Catch-22
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Posted - 2008.10.08 04:45:00 -
[3]
I'm worried about the wonderful employees at CCP in REYKJAVIK. I'd like to bring to everyone's attention to the markets.
Become a pirate without fear of death!
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TimGascoigne
The Graduates
Morsus Mihi
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Posted - 2008.10.08 08:45:00 -
[4]
Edited by: TimGascoigne on 08/10/2008 08:46:15
clonk stop rationally reassuring people I for one am loving the hysteria
edit: I also don't think that CCP is in any danger.
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ChironV
Caldari
VIRTUAL LIFE VANGUARD
Intrepid Crossing
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Posted - 2008.10.08 08:59:00 -
[5]
 Originally by: TimGascoigne
Edited by: TimGascoigne on 08/10/2008 08:46:15
clonk stop rationally reassuring people I for one am loving the hysteria
edit: I also don't think that CCP is in any danger.
Of course we all heard such comments that the banking industry was in no danger from sub-prime debt investment vehicles and we all know how that panned out, hmm?
With the influx of liquid cash from a number of countries the entity called CCP is liquid. But that is dependent on getting credit to pay large short term outlays such as payroll and hardware upgrade projects. If the banks pucker up and horde cash you can't get credit period. No credit, no day to day business.
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It is by caffeine alone I set my mind in motion,
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Irulan S'Dijana
Amarr
Imperial Academy
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Posted - 2008.10.08 09:23:00 -
[6]
Originally by: ChironV
Originally by: TimGascoigne
Edited by: TimGascoigne on 08/10/2008 08:46:15
clonk stop rationally reassuring people I for one am loving the hysteria
edit: I also don't think that CCP is in any danger.
Of course we all heard such comments that the banking industry was in no danger from sub-prime debt investment vehicles and we all know how that panned out, hmm?
With the influx of liquid cash from a number of countries the entity called CCP is liquid. But that is dependent on getting credit to pay large short term outlays such as payroll and hardware upgrade projects. If the banks pucker up and horde cash you can't get credit period. No credit, no day to day business.
CCP income = Euroes, USD, AUD etcetc
CCP pay = ISK
???
profit!
Well...not really for the employees. But heck, might as well just pay them in Euros. Besides, CCP is liquid since we all pay for subscriptions continuously.
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Kazuma Saruwatari
Caldari
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Posted - 2008.10.08 11:28:00 -
[7]
Originally by: Herschel Yamamoto
If the bank crisis gets to the point where it's taking down internet spaceship companies, it isn't going to matter who owns it. Fortunately, that's virtually impossible.
I can see what you're trying to do there
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Croesus
Caldari
Titan Indurstrial
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Posted - 2008.10.08 11:51:00 -
[8]
Edited by: Croesus on 08/10/2008 11:52:51
we dont know. the people that own ccp could very well own allot of other stuff which is going down.
who are the owners btw?
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Graic
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Posted - 2008.10.08 11:52:00 -
[9]
Originally by: Irulan S'Dijana
CCP income = Euroes, USD, AUD etcetc
CCP pay = ISK
???
profit!
Well...not really for the employees. But heck, might as well just pay them in Euros. Besides, CCP is liquid since we all pay for subscriptions continuously.
You're assuming a whole bunch of other currencies don't de-value making the subs cost not overly attractive.
Also, they are possibly only liquid for normal BAU operations - there may be trouble if they actually needed credit - like for major hardware upgrades etc.
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Irulan S'Dijana
Amarr
Imperial Academy
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Posted - 2008.10.08 12:00:00 -
[10]
Originally by: Graic
Originally by: Irulan S'Dijana
CCP income = Euroes, USD, AUD etcetc
CCP pay = ISK
???
profit!
Well...not really for the employees. But heck, might as well just pay them in Euros. Besides, CCP is liquid since we all pay for subscriptions continuously.
You're assuming a whole bunch of other currencies don't de-value making the subs cost not overly attractive.
Also, they are possibly only liquid for normal BAU operations - there may be trouble if they actually needed credit - like for major hardware upgrades etc.
If everybody devalues then it's all good, as imports will be relatively cheaper: the devs still get to eat.
And I hardly think if CCP doesn't get that new blade server or whatever the company is going to go bust.
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