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[2024 EXTENDED] Black Friday / Cyber Monday: FLASH SALE & MEGATHREAD
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What’s with alts saying the same story, ‘forum is public,’ when they are asked how they know so much about LET lore? Nekki hasn’t said a word in more than 2 years here.
Oh btw, banned ? who was this ?
I'm also curious.
Another Tree smoka alts? If there’s a person with a lot of alts account, i can only think of him
So the tale goes on with red avatar......
I would like to express my gratitude for the prize bestowed upon me by @kuroit. I sincerely apologize for only just seeing the notification today. Below is the evaluation of this machine.
That reputation is already fucked. Extremely simple to create, very low costs, basically no human checks.
To me, a UK company means shit, as it should for everyone.
Thank you for this auction at 3 AM Stockholm time.
Btw I ain’t readin’ it all
Why was @Savvy involucrated?
Even if it would be a legitimate UK company with employees/a real office there?
No, many UK companies are reputable. It’s just the registration itself doesn’t mean anything.
AFAIK, not only is the process basically automated & online, there’s also (if I recall correctly) no share capital requirements.
Unlike in many other countries (e.g. Sweden) where a aktiebolag (our limited companies) actually means at least SOMETHING (not much, but something) since it’s harder, generally requires first registering the company with Bolagsverket, then providing the share capital to a bank, get a written confirmation from the bank that you hahe provided the share capital to your ’temporary account’, get back to Bolagsverket, wait for manual processing, by a human that checks the company name, if it infringes on any other company, etc.
Once all that is done and the company has gotten it’s registration number, it’s time for you to set up a new meeting with the bank, this time to convert the temporary account to a real bank account. At the same time, you go the tax office website and apply for ’FSKATT’, company tax. Before you got this, you can’t trade. This is also where you’ll apply for VAT registration as well as to register as an employer.
Basically everything is done online, but there’s actual guardrails. In the UK, you’ll easily find companies where the registered name is just an attempt at SQL injection. They’re literally worthless as a sign of trust.
The 666 plan auction would've been apt at 3AM.
someone please shed some light
https://lowendtalk.com/discussion/comment/4182433/#Comment_4182433
I slept holding my phone logging in terabit client. Apparently I didn't miss much at $40 😂 we need @dustinc 's 5 Dollah vps to bring back the excitement. Also, I thought @SilverCreek there were going to be vps offerings from a whole node, plenty of vps to go around for deal, eh?
Those prices aren’t appropriate for LET.
I believe I have mentioned it here before, we tried our best to maintain proper records for UK entity until our agent f*cked up and we were fined 2 x 1400GBP by Home Office, I tried reaching out to them multiple times but no response from them at all, called them too, all I got was: We will look into your issue and will reach out to you soon.
Which obviously never happened!
Thats why we decided to move all to our Indian entity.
Bit of BG:
I have lived in UK for 8-9 years, did my bachelors there, 5+ years job. I had very different business model and plans when I registered the company in UK, which didn't work mostly because of family emergency and I couldn't be there in UK anymore.
PS: If anyone available to fix the mess for Kuroit Limited and maintain it as dormant until I'm ready to be back in UK, please reach out, I'm more than happy to get this fixed!
Buyer's remorse gonna kick in pretty soon 🤣🤣🤣
aah shit i forgot to YABS my @kuroit TX giveaway vps.
brb
Sed i am in India too, i was waiting for your NCR office to open so i can drop and threaten ask you for a $1/y deal.
Hahahahaha you can always drop by and I can offer you something gooooood!
All this talk AND MY T-SHIRT NOWHERE TO BE FOUND. I'm in NCR too mostly.
OK, good night Rasclarts
I usually assume that most providers aren't going to overprovision RAM or disk as while they will get away with it short term, it'll kill performance and is just a ticking timebomb until disk is full, the host is spending most of its time swapping, or people's VMs are randomly terminating every time the host runs out of memory.
So, I normally look at both RAM and disk they say they're using on the hosts and divide by (n+1), assuming they've left a small slack for the host to do its thing. Sometimes that gives a different n for RAM (which most providers link linearly to vCPU) and disk (which is often not linear with vCPU/RAM). That can usually give you some idea of how many individual threads they're intending to run on the machine, and divide that by actual threads and you know how much it's oversold.
Some of the providers with pretty good reputation and great yabs results are often oversold 4-6x, so I guess most people really are idling most of the time. But in truth, that's probably acceptable as you shouldn't be planning to run your server close to 100% capacity anyway, as you have nowhere to expand to if you have a sudden usage spike.
Obviously, not all providers are as open about the specs of their hosts, and often that's just because they have a mix of machines with very different specs. For them, you just have to wing it.
Send the address......
Like doubling my ram, pretty plzzzz
Order Number: 9909393637
Yeah, they've started trying to improve things this year. The price for registering a company in the first place and the confirmation statement have both tripled, because they said they're implementing extra checks. That said, this year's confirmation statement was exactly the same as previous years, except it also also for an email address. Despite already having it, because they'd e-mailed me the reminder to do it.
All of that stuff regarding the bank wouldn't happen that way here, because the banks require both the company registration details and usually evidence of some contract or trading activity (which is kind of chicken and egg) before they'll let you open an account as part of the KYC requirements. Although, ensuring the share capital is paid up isn't really that important, as you only need £1 of share capital to open a company which defeats the purpose of having any minimum really. I'd actually be in favour of the Swedish system you described, because legitimate companies intending to trade need to do those things anyway, and it'd make the opening a bank account process easier in many cases where you want to develop a product and don't yet have customers.
But the ease with which scammers can create companies is why I always check Companies House for any company I'm skeptical about and don't ignore anything that seems to raise any flags.
who's excited with the upcoming weekend just before Christmas?
Any $6/yr deals is most appreaciated!
i got 5.97$/yr before. But if there will coming $6/yr deal, i will take one.
I see, that's not too far off though. The account that you get to deposit the share capital in, here in Sweden, is an extremely basic account. It only has a number and logging in you can just see the balance. You can't initiate any transactions from it at all, you can just see its balance.
And once the balance is equal to the share requirement, you ask the bank to send a digital confirmation of this to Bolagsverket (Companies House) and that's when you get your registration number. You basically do half of the application before this confirmation (like filling in amount of stocks, share capital, etc.), and half of it afterwards.
I'm glad they're at least looking into it. I was honestly shocked when I saw the SQL injection attempts in company names.
Exactly, fully agree.