/biz/ - Business & Finance

>>50829066
The code base on Reserve just hit completion.
Code is being audited now x4.
Code freeze is likely some time in Q4.
If you were a decent friend you'd tell him to buy straight $10k in $RSR and he'd be a millionaire off it by 2030.
Didn't come here to spoonfeed but day trading is where hedgies rape retail as only 10% of them stay profitable and thats only bc they really know how to trade.
Statistics on day traders is that more than 90% of them quit in the first year never to trade again.

Long Term Value investing is the higher alpha move.
Day traders are like pajeets and without the right indicators (V.I.T.R.I.O.L.) its incredibly difficult to see a trade without years of experience working volatile assets.

That's the post. I'm not wrong.

>>22308502
>Why is based Hannah posting actually RSR posting?
Because Hannah is a hunteress much like the same ppl that the Reserve protocol aims to help in real world applications. She isn't dependent on grocery stores like the vast majority of the "banked" are across various economies. What Hannah has in common with the 1.5 billion ppl that are experiencing severe currency problems is that these people hunt, fish, and trap animals to survive since their currency is essentially worthless. Because of that, Hannah posting is about surviving when your govt issued fiat currency has completely failed - putting food on your table the old fashioned way. Not only is Hannah posting based, but it's a reminder of what millions are forced to do on a daily basis because their own fiat money doesn't work for them - hunt, fish, farm, and trap wildlife. Reserve aims to make hunting and fishing a hobby for these ppl rather than a daily requirement to just survive.

>take the hannah pill

Paypal founder Peter Thiel, other Silicon Valley elites such as Sam Altman, and other Bilderberg Group members w/illuminati ties are engaged in a psyop to inadvertently introduce digital currency and ultimately RSR/RSV to the masses while creating excuses to remove all cash from circulation. Bitcoin was the first stage of the plan and was created by none other than the CIA. The Reserve Protocol is being developed by the illuminati in plain sight and will be the initial functional implementation of the New World Order's singular self-documenting world currency agenda. There is no turning back now.
RSR is the next biggest DeFi project being built on ethereum. It's not on any major exchanges, though binance and Coinbase are both confirmed. It has a team you will have to see to believe. The market cap is tiny, and it's truly running under the radar. Another note about the glorious aforementioned team, these guys get shit done. They themselves are so confident that they have locked up their tokens via smart contract to only release six months after main net and ONLY IF the price appreciates high enough to not impact the price or hurt early adopters with their dump which they may or may not do as they are likely to just arbitrage.

What is arbitrage and how is it relevant to RSR? I'm not spoon feeding you, faggots, I'm merely shilling this coin as an opportunity to get rich quick.

There is so much more to be said, but I'll leave it at that. If you have any questions feel free to ask ITT. Ignore and fud about 12 year old kiddies and there telegram group. Think long and hard before you invest in anything else other than RSR. Lastly for the truly retarded biz posters, RSR is the utility token (think Maker) and RSV is the stablecoin (think DAI). You want to buy RSR and sell it once.it exceeds $1 in 2021.

>>19431707
Weak bait but the jogger livestreams are getting tiresome so here's your (You)

DAI and MakerDAO was never intended to scale to meet a global demand.
What DeFi powered CDP based DAI is good for and always has been is a quick tool traders can use to grab instant margin for short term trades.
Outside of that very specific use case, DAI is still a decent stable coin architecture BUT it was never intended to be anything beyond a tool for traders to use.
Certainly nowhere even close to a supply cap in the trillions whereby ppl around the world would use it as a medium of exchange.
DAI can never be that because it was never designed for that - even comparing MakerDAO's DAI to the Reserve Protocol is a true grit indicator you've never even looked into Reserve.

What's more is that MakerDAO is in the process of likely losing a legal battle if the class action former customers don't cuck out for gibs (which has a high chance of happening) but even then, the tokenomics of DAI and its supply cap simply has no concession for global scaling in the market.

In short:
DAI: tool for traders, cant scale to ever be a currency used by billions worldwide
RSV: designed to be a global currency used by billions

Two entirely different use cases.

>1. It has insane venture capital backing
Peter Thiel and Sam Altman are invested in Reserve. For those unaware, Peter Thiel is one of the most famous venture capitalists and an investor in Coinbase, so Peter Theil and Coinbase Ventures are backing Reserve Protocol. Sam Altman is another very prominent angel investor and a head of YCombinator. These dudes don't fuck around and buying RSR is basically following the smart money. Besides that, Peter Theil involvement almost surely means Coinbase listing in the future
>2. It is a huge, ambitious project
Reserve aims to be a stablecoin for countries with high inflation or hyperinflation, such as Venezuela. For this they have a two-token system (stable RSV and collateral RSR that can appreciate in value). Instead of focusing on some obscure fintech stuff, they are focusing on a concrete and real problem that they try to solve. Cryptocurrency stablecoin is inevitable and it shows (Facebook dipping their toes is a huge sign that companies ARE interested in it).
>3. Reserve Protocol will have a first-mover advantage
But how, would you ask? Isn't Facebook going to capture the market first? NO and NO. Financial regulators HATE Facebook and as soon as Zucc released Libra idea to the world, regulators immediately said that he should back off and that they do not like it at all, especially in the light of data privacy breach issues. So Facebook show that there is demand for crypto stablecoin, but they don't have the means to deploy it fast, whereas Reserve does. Which brings us to the next point.

buy now faggots or forever regret your decision

PRECIATE YALL RSR POSTERS!

now that the dust has settled, wat went wrong with RSR?

PRECIATE YALL RSR POSTERS!

REALLY PRECIATE YALL RSR POSTERS!

REALLY PRECIATE YALL RSR POSTERS!

>>14780456
>Why is based Hannah Barron posting actually Reserve posting?
Because Hannah is a hunter much like the same ppl that the Reserve protocol aims to help in real world applications. She isn't dependent on grocery stores like the vast majority of the "banked" are across various economies. What Hannah has in common with the 1.5 billion ppl that are experiencing severe currency problems is that these people hunt, fish, and trap animals to survive since their currency is essentially worthless. Because of that, Hannah posting is about surviving when your govt issued fiat currency has completely failed - putting food on your table the old fashioned way. Not only is Hannah posting based, but it's a reminder of what millions are forced to do on a daily basis because their own fiat money doesn't work for them - hunt, fish, farm, and trap wildlife. Reserve aims to make hunting and fishing a hobby for these ppl rather than a daily requirement just to survive.

Imagine having to hunt or fish for your food on a daily basis because your govt issued fiat and national economy is so bad the shit just doesnt work and if you didn't you'd fucking starve to death. That's Hannah posting in a nutshell.

>>14730599
What's the matter sweetie?
You don't work for PETA do ya?

PRECIATE YALL RSR HODLERS!

I know it's a shitty meme question, but any anons have a guess as to how much of this would constitute a good suicide bag?

Pic related caught my eye, now I'm dmor on this shitcoin.

Fudders and doubters only have to take a look at the github to know that this project is going interstellar:
https://github.com/reserve-protocol

PRECIATE Y'ALL

RSR was at absolute support yesterday. Still on sale today. Get in now, or stay poor. It's not every project gets handed to you like this one.

PPRECIATE Y'ALL

BUY RSR

>>14391775
NOT PRECIATED.

Hey y'all!
Wanna buy some RSR and go noodlin for catfish?

PRECIATE YALL