/biz/ - Business & Finance

$1 would mean a 7 trillion MarketCap, wont happen within a year.

>>20241973
You mean $7B MC
When BTC pumps and alts pump the entire crypto market MC will go up by a order of magnitude. $7B wont be as large in that environment.

>>20241973
7 Trillion?? I think you mean 7 billion

>>20241991
yeah people forget that and think of it in terms of current market caps, while in the midst of 17/18 bubble coins needed literally close to 1B mcap to be even in the TOP100, now lets be conservative and assume the next bubble is only twice as high as the previous one that means RSR being in top100 would have 2B mcap, and that's assuming it won't climb anymore nad just stay at current level on CMC

>>20241991
ah I overlooked it, you're right its only 7 Billion. actually not an unrealistic goal ..

>>20242115
We are unironically going to make it

Would you guys recommend buying now or wait for a dip?
What’s a make it stack

>>20242148
For me, it is not worth the risk trying to time the market. We may retrace slightly, or we may continue to pump. The best strategy is to DCA in.

>>20242184
Thanks. What’s a nice comfy stack to have? Thinking abt getting a m

>>20242285
Depends on what you want. Do you know anything about the coin?

>>20242285
Yea most people aim for a Million. Even 500k is nice.

>>20241930
yes sir, I shall buy coin sir
https://youtu.be/f8hKmrdZkUE

>>20241930
jokes aside, rsr stack feels /comfy/ af

>>20241930
Why is the app releasing in Lebanon first?

>>20242426
it's already lauched in venezuela and a few others i think

>>20242426
https://www.forbes.com/sites/tatianakoffman/2020/07/09/lebanons-currency-crisis-paves-the-way-to-a-new-future/amp/

Their currency is down 80%+ recently

>>20241930
Here is a stupid question: should I own both RSV and RSR? Or is just owning RSR good enough?

>>20242474
If you are looking for gains, hold RSR. RSR price fluctuates. RSV is the dtable coin.

>>20242431
Yes. The app is currently out in Venezuela, Columbia & Argentina. All countries with currency issues. They are now beginning to release in Lebanon.

Some other countries they will be targeting soon are Angola, Nigeria, Turkey, Brazil and the USA.

>>20242474
RSR gets swapped into RSV through arbitrage, no reason to hold it until you want insurance against RSR fluctuations.

>>20241991
>>20242115
It will actually be a good bit higher than $7B as more of the supply will be circulating? How much more, nobody knows - I doubt they will dump all 100B.

During the next bullrun dont be surprised to see top 30 coins with up to 50B market caps

>>20242798
Correct, depending on when mainnet is.
All 100B will never be circulating... only about 45B maximum. 55B tokens are locked in the slow wallet. These tokens will be burned/arbed for RSV as that is more profitable.
XRP hit $4 with about 40-45B tokens circulating, so even at our maximum we could still hit those numbers. Plus RSR is a far superior token. And again, RSR has burning so it will be highly unlikely for even 45B RSR to be circulating.

Question to you RSR-heads. What does the RSV coin/service offer over other decentralized stablecoins like DAI, or even stuff like the also-upcoming xDAI sidechain?

>>20242937
Reserve can scale and be useable as a world currency. It’s got a team who are for all intents and purposes creating a payment app first and foremost that uses crypto, which means it targets people who find using crypto to be a daunting concept. They’re going after the remittance market which is a trillion dollar industry, whereas all the other projects are only thinking in terms of crypto.

>>20243070
I do like the remittance angle...

>>20242937
Also, Reserve will be a basket of other stablecoins like Dai. So if Dai were to fail for some reason and go to zero, Reserve would still be okay because it has other stable coins backing it... even further... they plan on backing Reserve with Gold, real estate, stocks, bonds, foreign currency etc. So it will be very immune to value devaluation.

Eventually it will be pegged to a stable value, not just $1. So if the dollar value drops due to inflation, RSV will still be worth what it was before and would be worth more than $1.

>>20242937
https://medium.com/reserve-currency/our-analysis-of-the-makerdao-protocol-4a9872c1a824

If you dont have a fat bag of this and LINK for a 5+ year outlook I dont know what to tell you honestly

>>20243204
>>20243214
Thanks for the spoonfeeding lads, I'll keep a watch on this one

Where to buy RSR? I looked in Uniswap but It doesnt seem to allow it. Im a yuropoor btw.

>>20243355
https://app.uniswap.org/#/swap?outputCurrency=0x8762db106b2c2a0bccb3a80d1ed41273552616e8

>>20243355
Uniswap does, but everyone that isn’t a burger should be using Huobi

>>20243355
Got to find the link for it on etherscan first. Google it

>>20243466
Or you know, you just use a VPN

This chart is beautiful
$0.01 soon
$0.10 soon after

>>20243355
just use huobi global if you are a yuropoor

This is going to fucking EXPLODE closer to the RSV fork. The app launch? Forget about it. People are being priced out if they don't buy in the next 9 days. Sorry for being smug, I just can't contain it. Honestly and legitimately suggesting everyone gets a bag ASAP.

>>20243899
I remember this time last year,
Everyones goal was to get 5 - 10M
Now people are just trying to get 500k-1M
Next year people will just be able to get 50k-100k

>>20243966
I can see the threads now.
“ I have 50k RSR. Is that enough to make it?”

>>20243697
lmao, the 1m.

>>20243899
I keep seeing posts about app launching in the next couple of weeks. Where's the source on this?

>>20243899
honestly feel the exact same
$0.01 by 16th

>>20243991
Long term holder. I hate people that panic or celebrate looking at the 1min 5min 4hr
WHO CARES. I am holding this for 2-3 years at least
The 1 month chart gives you a macro trend view

>>20243698
Is there any invitation or referral? Im going to create an account and id much rather do it using any anons referral or code or shit

>>20244051

https://www.huobi.com/en-us/topic/invited/?invite_code=qm3u5

code: qm3u5

Think this should work. Good luck Anon, and much appreciated if you do

>>20241930
im literally all in

>>20244133
Did register using your code, anon! See you on the yatch party when RSR reaches 1 USD.

>>20244305

Based

I'll buy you a drink at the $1 party

Who all is coming to the island party after the yacht party?
Nevin said he would DJ the events

>>20242937
No ETH required to move RSV. Team is simplifying it so normal people don't even realize they're dealing with crypto