/biz/ - Business & Finance

Money will come back into alts soon. I have to pray that sempai notices md

>>20763277
Checked, based, and richpilled.

>>20763277
Checked. If you haven't already, buy RSR now.

Imagine there's no heaven

>>20763300
whoops, I didnt mean to check myself - I meant to check you lol.

We are all gonna make it.

Spoonfeed me rsr pls? I am smoothbrain

>>20763277
no need to imagine, kek

>>20763277

>>20763327
A utility ERC token, issued to support and maintain the value of the stablecoin known as RSV, the stable digital reserve currency. A profitable opportunity in crypto with a low market cap, no gimmicks, no fud and no lies. Welcome to Reserve.

Team RSR
>>20763327

>>20763277

I did buy 120k just before, not far off the million

>>20763277
200k bag here, pretty comfy but can't buy more

I have a million of these
Did I do something smart

>>20763425
I'll see you in the VIP lounge anon.

>>20763416

So is it like MKR?

>>20763446
yes you did

>>20763451
Backed by a basket of diverse assets in order to retain worth while hold a stable, reliable value. Yes, it has a few things in common with Maker. Now, imagine investing in Maker in the earliest days of its conception. Don't miss this train anon.

>>20763277
>>20763300
>>20763302
>>20763304
>>20763314
>>20763317
>>20763327
>>20763352
>>20763374
>>20763416
>>20763425
>>20763444
>>20763446
>>20763449
>>20763451
>>20763509
>>20763573
56$

In order for RSR tokens to be burned at a significant pace RSV needs to see massive adoption or RSR price needs to be extremely small. If this doesn't happen RSR will never see $0.5 let alone $1 because of the huge market cap it will require to do that.

>>20763595
Imagine being this retarded and out of touch.

>>20763688
80 iq - rsr 56$ easy, i buy
average iq - Imagine being this retarded and out of touch.
280 iq - rsr 56$ easy, i buy

don't buy now guys, this shit is going back to 0.006 tonight, it just what it does, wait a week

ur welcome

>>20763769
see >>20763673 and keep seething RSRlet
I doubt you'll even see 10 cents or 5 cents

>>20763793
>I doubt you'll even see 10 cents or 5 cents
so did greg schoen

>>20763793
And I doubt that your micropenis will ever matter, because nobody but you will ever know about it.

>>20763844
>>20763850
>no argument
>ad hominem #31513
Whoever is writing your scripts isn't doing a very good job, shills

>>20763416
>>20763416
If these are what RSR memes are like, thats a really bad sign and I'm going to stay far away from it. You "millionaire mindset" fags are the worst

>>20763937
im not shilling tho
im just laughing at u buddy
u will buy higher

>>20763963
The shills can't even begin to address the slow RSR burn resulting in huge volume issue.
It's hilarious.

>>20763983
>I'm not shilling
>YOU WILL BUY MY SHITCOIN LMAO
I rest my case, RSR shills are the dumbest people on this board

>>20763937
Lighten up. Life is fun when things are going your way. This idea is both legitimate and profitable. When the project is this good, and the key fundamentals are all there, you don't want or need any damn shills.

>>20763277
Imagine not buying ATZ right now. Listed on uniswap today and buys are coming as shit since the listing. This is a chance that you dont wanna miss anon. Easiest x4 of the day. Proof of existence for supply chain ecosystem Antazhos (ATZ), presale is on Uniswap and started today. Just 6500 marketcap.

http://www.antazhos.com/
https://uniswap.info/pair/0x01ce565875b82372ba149b97c36b3408670d5c2e

>>20764005
>the key fundamentals are all there
>gets proven ITT that the key fundamentals for RSR to moon don't work
hurr let's just pretend everything is fine and HODL RSR marines!!!

>>20763988
speed is relative
if you want a quick p&d go buy the next uniswap, what are you doing here, you lost?

>>20764003
>I rest my case
what?
maybe you should get some rest for real buddy, you seem flustered as fuck

i bought link at 0.25c, rlc at 0,40c, lcx at 0.0008c, band at 0.30 and pnk at 0.007

people like you always buy higher
ALWAYS

>>20764033
You should get some rest anon. You're just not making any sense.

>>20764041
You typed all that shit and the only point you made is that ''speed is relative''.
My fucking sides, what does that even mean you retarded shill? If it's gonna take decades for your shitcoin to reach a decent volume for price increase people will have moved on by that time and you're gonna be left holding your worthless bags.

>>20764083
Read the thread again and pay attention this time, shill.
>>20763673

>>20764122
>9 posts by this ID

if you don't like this shitcoin just don't buy it retard.

>>20764150
Compelling argument, drone.

pajeet pnd

gtfo of this board, indians

>>20763277
Inagine not buying under .008 yesterday.

>>20764122
Gosh mister, I reread the whole thing and I still don't understand what you mean. Here look at blonde AOC. When she's not blaming regular ass dudes for the ills of the world, she's kinda cute, isn't she?

>>20764252
>I reread the whole thing and I still don't understand what you mean

S-SPEED IS RELATIVE!!!

>>20764102
>the only point you made is that ''speed is relative''.
Yes.
>If it's gonna take decades for your shitcoin to reach a decent volume...
he thinks greg is not regretting his decision cause he would have to wait a decade before cashing out, so his decision is justified cause he could not cash out in a month
ok then buddy

>>20764481
>Yes
You're a retard then.
>muh greg
Perhaps you should put down the pipe.

>>20764518
>You're a retard then.
>no argument
>ad hominem

>Perhaps you should put down the pipe.
id smack your head with it... but youre not worth it

>>20764605
>couldn't refute my original post
>demands counter-argument
lel

>>20763277
why? are you scared that its crashing and need some sort of adrenaline.

>>20764647
>couldn't refute my original post
There was no argument to be refuted.
You just want quick gains & should fuck off to uniswap.
Thats all.

>>20763327
>Spoonfeed me rsr pls?

It’s probably going to be the NWO’s replacement for the dollar. RSR is going to be the “Reserve” to its counterpart RSV.
Peter Thiel and the people behind PayPal are backing it. A lot of secret government spook people and people who know how to move money electronically.

where to buy?

>>20763988
>>20764003
The Reserve team doesn't care what price RSR is as they only care about RSV being adopted. We are all just being optimistic that RSV becomes more utilized. If that does happen, then RSR will go up in price. This is not a quick pnd project like 97% of the shit that shows up on uniswap

>>20765585
Huobi But you need a VPN if you're a burger.

>>20763444
based and rsrpilled. any amount above 50k rsr is enough if you just hold it until after arbitrage is implemented. the $56 in 9 years meme is fun but exponential burn rates that adjust with adoption means that we can see $56 much faster than that depending on RSV adoption around the world via the app. don't under estimate the demand and use case for the app in 3rd world shitholes fren. with over 400b in remittances transacted each year even if RSV app captures 10% of that market we're all gonna make it.

>>20763988
there's no mystery here anon, rsr burn rate adjusts mathematically based on rsv adoption rates.

we already have the average burn rates based on adoption and velocity and the estimate is a very modest 2-3% but 2-3% of 40b is still a lot of usd assuming we capture 10% of the remittance markets that are about 400-500b yearly. math is hard i know but it's not that complicated.

nobody is promising that rsr will moon over night, even the $56 meme has a 9 year timeline, but rsr can burn much faster with more rsv adoption or much slower with less adoption. not trying to sell you on it just pointing out basic facts, if you're a short term trader then maybe this isn't the project for you. i got in last year and i plan to stay for at least another 2-3 years, by then i will either be validated or invalidated and i will reassess my positions, for now you can just have a trade bag and try your luck, maybe you can increase your long term stack or maybe you can make a quick 2-4x or maybe you will not make any money in the short term, it just depends on how good of a trader you are.

>>20763277
>he didn't get the memo to dump all rsr for mta

oh no no no

>>20766167
when is arbitrage due

>>20766462
probably never. the app is delayed, Nevin is on cocaine and hasnt shown up for work in months, also Peter Thiel has abandoned the project and is getting his money back. ITS OVER

>>20766301
arbitrage means you buy RSV with 1$ WORTH of RSR. in order for the burn rate to be effective one of two things have to happen.
1. The RSV MC has to be exponentially larger than the MC of RSR (right now, after 3 years it's 200k)
2. The price of RSR has to be minuscule.
THESE ARE FACTS

>>20763277
The coordinated pump is over, you can tell since threads dropped off 90%

>>20766628
>the MC of RSR

The what?

>>20766628
The price of RSR (the real one, not the placeholder token in circulation right now) is based solely on the MC of RSV

>>20766695
Will the real RSR still have a 100b supply?

>>20766661
what don't you understand?

WHY DIDNT I BUY MORE? I LISTENED TO THE AMPL FUD. IM FINANCIALLY RUINED.

>>20766718
>...Anonymous (ID: 32cKV/t+)
>07/28/20(Tue)09:09:08 No.20766661
>>>20766628 #
>>the MC of RSR

MC

>>20766725
market cap

>>20766718
36 billion will be released after mainnet over a period of 6 months which will bring it to 42 billion

>>20763277
NEVER SELLING
ONLY ARBING

>>20766722
Whoa, an all caps ID with and all caps post. Also checked.

I hope we can get some rest from the AMPL fudders now that their scam has collapsed.

if you want to arbitrage 1$ of RSV with 1$ WORTH of RSR means that if RSR has a value of .25c (4) RSR will be burnt, if RSR has a value of .0025 it means (400) are burnt. The price of RSR is inherently not meant to be large because it would lead to less burns

>>20766499
The new ux/ui update is next month and the mainnet launch is around the end of September you cuck

>>20766882
if the MC of RSV is small and the price of RSR is large the opportunity for arbitrage will simply not exist.

the only way RSR will grow to the levels that the retards and moonboys think is if the MC of RSV is in the multi multi multi billions. Which i suppose is not impossible but HIGHLY UNLIKELY. Just look at the MC of Maker for reference

>>20766893
FAKE NEWS

RSR IS A JUNK YARD COIN

>>20763277
You mean not buying VRA instead of this rn?

>>20766722
NEVER DONT BUY RSR

>>20767025
but nobody want to talk about the elephant in the room unfortunately. Long story short, make your money and sell before mainnet because the longterm viability is not worth the risk of holding

>>20767025
Maker is aimed at Crypto Traders
RSV is aimed at the MultiBillion Dollar Remittance Market
Completely different markets

>>20767141
Maker is not only for crypto traders and have been in the game for a long time and it's still only at half a billion. i wish you well.

>>20766628
Why would the price of RSV be any higher before mainnet?

>>20767632
if (You) have to ask you are not allowed to know

>>20767025
>comparing to Maker instead of Tether
I can have biases too

>>20763446
Maybe, just don't sell low.

>>20767025
Maker can't scale and isn't targeting remittance markets nor do they have teams on the ground getting users to beta test anything. It's completely dependent on traders.

Nobody is saying that there's any guarantee that RSV will capture the remittance market, but capturing just 5-10% is not unrealistic at all because the demand is there and it's simply up to the team to make sure they can find ways to meet that demand by offering a superior product to the products that already exist. They also have close connections to big names that can pull strings and get them into meetings where they can make a business proposal and try to work out partnerships once they've proven they can meet the customer demands.

The exact same thing you're saying about RSV could be said about PayPal back in the day before they partnered up with Ebay.

Just one big partnership would get a large share of the remittance market but even if we settle for just 5-10% like I said, that would be plenty to burn the required RSR to push the price up significantly if you're a long term holder. I don't recommend anyone buying RSR if they want to try to flip it because the price is still volatile and subject to speculation as it has zero implementation in the arbitrage system as it stands. It's not "moonboy" talk to speculate about future markets and the potential for growth therein, it's moonboy talk to make claims that it will happen without a doubt or that there's no way it can fail. There's always a way any project can fail, but if you use proper risk management then it doesn't matter if it fails, you set stop losses and you DCA. It's not that hard to make money in crypto if you practice proper risk management.

>>20767659
well i mentioned Maker because it's the closest real rival. Tether is a different beast

>>20767704
You are a believer which is fine. But i'm afraid a stable coin which relies on a speculative token to keep it to a peg will not take up 5-10% of world remittances, it's too risky to world economies. I think the project will find a niche somewhere and do ok in it's own way.

$1 is guaranteed at this point
i'm buying asap all i can

>>20767704
Maker is targeting remittances they have team in Argentina who push DAI as protection from hyperinflation

>>20768047
there will just be a plain vanilla centralised digital dollar for that if it's needed. There are so many NeoBanks that already do remittances, not to mention TransferWise, Xoom, N26 etc etc i think it will find a niche somewhere in there, but no way 5-10% of global remittances

>>20767704
>but capturing just 5-10% is not unrealistic at all
This is an important point. People dont realise that this doesnt need to take over the world to be a massive success and make anyone buying in now a lot of money.

>>20768228
Most people that actually read yp on the project know this.
Most of the people here refuting that or providing subtle FUD are thinly veiled AMPL & MKR bag holders

>>20768228
Paypal have their own remittance company called XOOM which has a MC of half a billion.

>>20768228
Is 5%-10% the normal case? And >50% the $54 bull case? In the article being shared here...

>>20763277
uh yeah looks like it pumped on the 20th and now y'all just riding the wave down? coolstorybro.jpg

>>20763277
I cant even find it on uniswap, where am I supposed to buy?

>>20768905
You can buy on Huobi. Hot tip - sell into mainnet

>>20768952
>>20768905

Hot tip
let RSR burn (after mainnet) and arb at $56

>>20768047
The goal is to become unpegged from the dollar and use a basket of tokenized assets not a volatile token to keep the peg. The digital dollar will experience the same negative effects of hyperinflation as the normal dollar, we've been using "digital" dollars for a while now in the form of credit and debit cards. There's no difference between a "digital" dollar that's centralized and the current dollar other than payment transfers. So in a few years instead of waiting a few days for a wire transfer it will be almost instant but the fundamentals behind that digital dollar remain the same and therefore it's subject to the exact same external forces as the regular dollar that is being overprinted.

Once RSV starts adding multiple tokenized assets to the basket of assets backing it that's when the real decentralized protocol will begin to work to maintain a stable peg and by that point the assets backing RSV will increasing in value slowly over time which will act as a cushion in times of volatility because it gives the RSR investors the right incentives to buy RSR and help keep RSV balanced in order to get access to the excess RSV that will be generated by appreciating assets.

Then there's the question of a depreciating asset, right? That's what you're all worried about? Yes, this can happen and the protocol will sell RSR in order to make up for that depreciating asset. However, this will be rare because the asset classes that are going to be used to balance RSV will be specifically chosen for their resilience and with enough diversification RSR wont really need to be sold at all as one asset appreciating in value will cover for a second asset depreciating in value and so on. Only during extreme volatility like a black swan event will this become a problem and at that point nothing is "safe" not even fiat, the goal is to provide a solution for hyper inflation as we see it around the world today in order to prove that this is a viable solution.