/biz/ - Business & Finance

>>23972814
what is awaiting in 2021?

>>23973252
everything

Another year of shitty gains?

>>23972814
>next year
big moose new menu rollout?

>>23973434
>Another year of shitty gains?
what are you holding?

let's compare to your coin's gains

>>23972814
RSR gang is going to be so rich

how much to make it?

2020: $0.10
2021: $1
2025: $56

>>23973599
no idea, just buy whatever amount you want to x5000

>>23973730
>x5000
and by that he means MAYBE x5

Biggest scam active on this board besides PNK

>>23973771

it can easily go after 2B nonsense startups without usecase we see on cmc daily; I've checked reserve.org and this idea is reasonable, no idea how these governments will react to marketing and app itself tho

>>23973825
Right, exactly. This is will inevitably get listed on coinbase as well and pump violently. You would have to hate money to no hodl some RSR.

>>23973799
elaborate

>>23973825
They can't do shit lol, even NEVIN said that he wouldn't start the project if he didn't have the certainty that the governments wouldn't shut it down

>>23972814
The McRib is back?

>>23974179
I have actually never tried one. Is it good?

>>23974028
100,000,000,000 token supply is literally all you need to know this is worthless

>>23974344

they say there will be burning and 100B mcap isn't planned

>>23974223
Honestly, I don't much care for them, but there's a definite cult following. I do hold RSR too, just felt like shitposting something

>>23974344
>supply fud
boring

>>23974344
imagine being so retarded that you just write-off an amazing project without even researching it yourself because of what some halfwit anon told you on biz. you deserve to stay poor forever and you will. dont say you werent warned about RSR

Id definitely sell before mainnet its gonna be one hell of a big dumperidoo

>>23974692
investor and employee tokens are locked until 6mo after main net is launched. selling before would be pretty shortsighted but do w/e you want

>>23972814
pajeet scam to steal holder's money

read up

>>23974692
with RSR mainnet is not just a meaningless meme

it means al the juicy bits that lead to higher pumpability actually begin

>>23975048
>posting the same thing in every RSR thread
>1 post by this id
>>/biz/thread/S18181625
read up you stupid double nigger

I honestly think everyone who hypes this coin doesn't even understand the tech behind it and is literally buying it because muh Peter Thiel and muh Ebay founder and muh Coinbase listing

>>23975191
Why yes I hold RSR because I’m obsessed with Peter Thiel; why do you ask?

>>23975191
those of us who have been in since the start followed the breadcrumbs and immediately saw the bigger picture. maybe the newer buyers are all in on daddy thiel and cb pump hype. but the true tinfoil-hat-wearing conspiracy theorists have been in for a lot longer and it's because of the tech AND the connections. i originally found RSR on /pol/ and have been in since .002. asymmetrical risk/reward is massive w/ this one if you get in early enough. DYOR and just hold until next year. short-term price moves are irrelevant until main net is launched

>>23974402
>they say there will be burning
Who? Delusional RSR bagholders?
Good fucking luck burning through 100B tokens. You'll be lucky to burn of 10B in 10 years.

>>23974498
Because you don't have an actual counter.

>>23974507
>muh dyor
You clearly haven't.

>>23975415
you seem angry, how comes?

>>23975375
summer 2019

When my 1.36532 RSR makes me a multimillionaire what race wife should I buy?

>>23975415
>who
read the white paper, dipshit

>>23975415
>Who? Delusional RSR bagholders?

>>23975662
>if the total supply of RSV is only fucking 50 billion you *might* burn a few billion RSR

Good to see you're retarded then.

>>23973434
Define gains. Cheap BTC is a type of gain, right?

>>23975687
moving the goal posts, i see. just stfu and go circle-jerk some curry nigger coin thread you dumb faggot

>>23975687

>>23975687
seething curryman

>>23975687
embarrassing display

rsrdev said:
>coinbase announcement in december
>main net in january
pass the word we bout to make it you fools

all in

>>23972814
Will they finally mint another million RSV? Wow, huge news anon.

>>23977548
Is it a bad thing?

>>23977498
source?

>>23977567
Not at all, just a long fucking way to go to that couple billions of RSV that you faggots are expecting next year.

>>23977611
type "accumulate" in the archive fool, you fool!

>>23977637
are you saying 2022 will be even better?

>>23977498
Coinbase won't do shit for the price of RSR since the market cap is already pretty high. Just look at MANA that was listed recently. And nobody expected MANA to get listed. Meanwhile every RSR bagholder is counting on that listing so it's clearly priced in.

>>23977688
Maybe you'll get to 10 million RSV by then if you're lucky.

>>23977723
I agree the listing is irrelevant and priced in

our success is tied to adoption and NWO acceleration

>>23977723
If I can't sell the coinbase pump I will literally kill myself. Can't believe I didn't unload 80% at 3 cents reeeeeeeee
>>23977794
don't say shit like this you fool

>>23977723
They announced REN and BAL on October 1st, day in which BTC dumped $500. REN went up ~20%, while most other altcoins were in deep red.
https://twitter.com/CoinbasePro/status/1311712521896820736

>>23975375
cringe af anon. you should get out more, you sound like your head talks to you, as if you are some super hero in a movie.. and the truth is, you arent. get a grip

>>23977835
trader babbies are absolutely not gonna make it

>>23977880
>hur dur i gargle cum
use more commas next time, faggot

>>23977836
these adhd traders want a 2000x not a 20% pump

>>23972814
I was billionaire if I knew

>>23977836
>REN went up ~20%
That's fucking nothing you pleb. I WANT MY 3 CENTS BACK REEEEEE
Why didn't I fucking sell? Could have rebought for a third of the money and keep the rest I thought swingies get the rope FUCK

i'm glad i suicide stacked into this shit

>>23979663
>that's fucking nothing you pleb
well, sorry for making a realistic estimation. Also note that BTC dumped on that day, if this time it doesn't then we can expect +30-40%.

>>23972814
nice thread, schloppy

>>23972814
I'm all in boys, 100k RSRlet reporting in.

>>23975415
>>23975662
Let's say for argument's sake and to put a round number on it that RSR dumps a bit and is worth $0.01USD at mainnet. That gives it a, fully diluted, marketcap of $1 billion USD (which would have to include the foundation divesting itself of the greater than 50% share it holds). Latin American countries received $98 billion in remittances last year (of which, admittedly, Venezuela only made up $4 billion). If Reserve can capture even a fragment of that total market with moves into countries like Panama and Argentina, completely ignoring its use in day to day transactions and unofficial banking, you're talking about comparing that to a multi-billion dollar marketcap of RSV.

In that case a 1-6% burn equivalent to RSV's marketcap will be billions, potentially tens of billions, of RSR burned yearly at the price of $0.01USD. What do you think happens then?

>>23972814
Mass culling of the herd.

>>23977880

>>23974179
are those giant pickles or is that a tiny burger?

>>23974028
DYOR

>>23981982
pickles

>>23972814
back to 1 cent?

>>23982282
nope, try again

Idk why people are so obsessed with unknown shitcoin with no connections when a beautiful comfy hold like RSR exists. I have about 1MM and I’m definitely not selling until $1-$10

This thing might legit go to a dollar.
So fucking glad i got it at .001

RSR is going to zero in a few months when the digital yen is available outside China. Once government backed crypto is widely available, anyone can ether use those or create digital dollar ERCs which trade at the exchange rate of the USD to the digital Yen, and bam, digital dollars.

If you want crypto which isn't controlled by the government, just buy Bitcoin. If you want crypto which is convertible into fiat, just go via the owners of the fiat currency, the government, and their CBDCs. RSR is the definition of token not needed.

>>23983789
What kind of fucking retard would trust a crypto that China releases?

>>23983836
Brainlet take. It has nothing to do with China, but everything to do with fiat. If you want a coin which can be sold for fiat (which is what RSV eventually wants to be), then you're much better off just buying a token from the government itself, which makes the fiat.
It doesn't actually matter whether the USD even goes on-chain. Because you can convert fiat to other fiat OTC, the digital yen, digital franc, digital euro, whatever, can be converted to digital dollars at a rate at least 98% accurately if you account for 2% conversion fees. A permanent 98% backing rate, no matter how many people withdraw their funds, is better and more stable than RSV will ever be.

If you don't trust governments, you just buy Bitcoin. By pegging RSV to the dollar, you are trying to make a fiat-convertible currency. This will always be more unstable than a government guaranteed one because the government makes the fiat. It will *always* be redeemed for the face value. Even if RSV eventually works and the team really does make something of an asset balancer to back it, that's 5-10 years away and the digital dollar will be here long before that.

TLDR it's a shitcoin, the team knows the problems and don't even believe they can solve them, and you should just buy bitcoin.

>>23984016
>By pegging RSV to the dollar
Their goal is decoupling from the dollar, presumably locking in the buying power of the dollar at that time.

>>23983789
Extremely based take

>>23984016
the government "making the fiat" is the entire problem you goddamn mongoloid.

>"jUsT uSe vEnEzUeLaN bOlIvArS"
oops, they printed another 100 trillion and it's toilet paper. fuck youre dumb.

>just buy bitcoin
with what? your worthless local currency?

>>23984119
>Their goal is decoupling from the dollar, presumably locking in the buying power of the dollar at that time.
Something which maintains the same purchasing power throughout the entire history of mankind? Almost like... they want to create some kind of... digital gold. I wish someone had thought of that a decade ago.

>>23984197
You don't understand how fiat functions. Mass printing of dollars is BAD FOR RSR and GOOD FOR BTC.
More dollars = dollars have less value = people who can cash out their rsv for USD have still lost money.
Their buying power has reduced because the dollar is dogshit.
If someone buys gold, or digital gold like BTC, then the government printing money means that BTC retains the same amount of buying power - so it goes up.

>>23974018
>This is will inevitably get listed on coinbase as well and pump violently.
Coinbase listings don't pump violently, it's 2020.

>>23984290
As long as USD is better than shitty currencies then RSR is good.

>>23984290
The short term intention is to offset the problem in parts of the world where that is worse and then shift to providing it everywhere in the long term. BTC isn't meant to maintain purchasing power at all, it's a volatile speculative asset. I don't know where you got that idea at all.

>>23984290
>I wish someone had thought of that a decade ago
Please tell me what coin has retained the same purchasing power for more than a couple years. That is the purpose of stablecoins, reduce the risk inherent in fiat and crypto such as BTC, dummy.
>You don't understand how fiat functions. Mass printing of dollars is BAD FOR RSR and GOOD FOR BTC
RSV will lose value as USD inflates, but only until it decouples from USD. Do you know how that will affect RSR?

>>23972814
Funny
I posted this before I saw this thread.

>>>23984080

>>23984350
>As long as USD is better than shitty currencies then RSR is good.
So they can just buy digital fiat from any other first world country. They will be able to buy digital euros, digital swiss francs, and digital canadian dollars, all within 2 years. And they can 100% be sure that when they want to cash out, they will receive their fiat.
If they buy $RSV instead of $USD, there is absolutely no guarantee that they are able to cash out for fiat if everybody wants to cash out simultaneously. It's fractional reserve banking on steroids.

>>23984380
>The short term intention is to offset the problem in parts of the world where that is worse and then shift to providing it everywhere in the long term. BTC isn't meant to maintain purchasing power at all, it's a volatile speculative asset. I don't know where you got that idea at all.
I agree with the idea. I just think if this was the real end goal, and you really wanted to provide people with a digital store of value, you would just buy tokenised gold. COMEX offers paper gold, and any reputable institution (such as government mints, which already guarantee paper gold) could offer guaranteed tokens. Venezuelans could buy Canadian gold in venezuela with bolivars, and be sure that the gold would maintain its value.

>>23984398
>That is the purpose of stablecoins, reduce the risk inherent in fiat and crypto such as BTC, dummy.
RSV carries *all* the risk of fiat though. You guys don't understand that as the dollar tanks, standins for the dollar will simultaneously lose value.
>RSV will lose value as USD inflates, but only until it decouples from USD. Do you know how that will affect RSR?
It is not money, and that is years away, if they *ever* manage to solve the inherent problem of stable asset bundles, which the IMF tried and said it was impossible to stabilise. This is why you see the big disclaimer on their website.
It will decouple by either becoming tokenised gold, or a poor mans bitcoin.

>>23984467
>that is years away, if they *ever* manage to solve the inherent problem
This describes all altcoins at the point when they are worth buying desu.

>>23984467
>I just think if this was the real end goal, and you really wanted to provide people with a digital store of value, you would just buy tokenised gold.
That's essentially the intention, albeit with a wider array of assets. The initial dollar peg makes it accessible as a method of payment and hedges the risk against asset collapse since fiat is inflationary.

>>23975191
>I honestly think everyone who hypes this coin doesn't even understand the tech behind it and is literally buying it because muh Peter Thiel and muh Ebay founder and muh Coinbase listing

The average failure rate of startups is below 10%.
The average success rate of Thiel's 80+ startups is over 95%.
Do the math, dummy. His "companies" are the rolling out of military and Bilderberg projects. No crypto, neigh, no stock period is a lock like RSR is a lock. Imagine not front running the Bilderberg Group.

>>23984529
Here's the basic problem with buying RSR now.

>if you think people will eventually buy RSV because they want dollars
Governments have already solved that problem by creating crypto redeemable for fiat. It exists right now. They are not widely available, but they will be within a year, long before RSR irons out the huge amount of problems.

>If you think people will eventually buy RSV because they want a digital store of value
Bitcoin is one, tokenised gold is another. You can't really get any better than those.

>If you think people are buying RSR because they want to sell at 10c for BTC and dump on reddit
This is fine, and this is most of the people itt I imagine.

>>23984562
>That's essentially the intention, albeit with a wider array of assets. The initial dollar peg makes it accessible as a method of payment and hedges the risk against asset collapse since fiat is inflationary.
This is gambling against asset collapses, which have been as reliable as death and taxes since 5000 BC. Assets always collapse sooner or later, about every 10 years in our current financial system. And the most important part is, they're worldwide now, thanks to globalism. The whole world tanked in 2008 and March. Even if absolutely everything goes absolutely perfectly for RSR, you're still only talking about a few years of backing under the next covid/war/accident/etc. Gold and BTC have done a much better job of being stable because they don't *do* anything, they're just money. It sits there, there's no dividend, you don't use it for anything.

>bitcoin
>stable
this guy is more braindead retarded than the RSRetard moonboys

>>23972814
Are the same guys who pumped chain link doing this.

>>23984652
>Problems

None of these "problems" exist if the protocol works when you have world government agents Theil, Altman and the Bilderberg Group behind it. BECAUSE (((they))) will only let their coin be used to buy and sell oil and pay taxes. No other coin is going to get the green light to do this but the world banking system coin. The NWO has always had a problem with bringing the 3rd World onto their surveillance grid. Reserve is how they make it happen.

>>23983789
owners of the fiat currency is not the government.

>>23972814
I'll wait until 2021 to buy then

for better or for worse already have a 13k stack anon

>>23984850
>I'll wait until 2021 to buy then

This is your last chance. RSR will never be as low as it is right now. You have one week. Two week tops. We're going into another bubble like 2017. Have you noticed the price of BTC? All cryptos with a good story will rise when the new money comes pouring in.

>>23984862
uhh dude you need to get to atleast half a mill...

>>23984912
and you need to lick my sack

>>23984935
You are less than a drip from the kitchen faucet to the sink to me you will never acquire gains of unnatural wealth.

>>23985006
I probably won't and that's fine, for what is a wagie without his cagie

Reserve marines hold the line.

-

Two $50 Amazon Gift Cards! (Free & Verified)


https://twitter.com/tjeezyyy/status/1328234053942747136


I'm doing a minimum $50 giveaway every episode and as sponsors increase so will the prize amount. Something big planned for Episode 10.

All draws verifiable thanks to Random.org's third-party paid drawing service and made readily available.

Who doesn't like free?

>>23984652
The whitepaper posits band expansion as a method of mitigating bankruns in the event that both that happens and there is no demand for RSR, so it's been considered. It's an undesirable outcome but prevents a temporary deprication in the value of assets from nixing the protocol. As the asset basket and protocol matures this risk decreases through diversification and entrenched utility.

>>23972814
If we can get through the 16mm RSR sell wall at 113 RSR will explode

>>23985312
What about getting a telegram speculation channel for RSR.

Back in the IOTA days it worked really well and was pumped to $5 a coin from $0.1.

>>23985452
> by IOTA days
I mean the 2017 alt season, that say IOTA moon.

>>23985452
>IOTA
Do you really want to speak to those retards if so >>>leddit is that way.

>>23972814
banks are calling for a $300k+ BTC by EOY 2021 so better buy BTC as well, for every dollar invested in a alt match the same amount into BTC. I think EOY 2021 will be:
1 BTC
2 RSR
3 LINK
4 XLM
5ETH

>>23985506
Srs? XLM a top 5 coin? What am I missing?

>>23985542
Its just retarded moonboy delusion

>>23985452
Already exists

>>23985647
Link?

6 NIGGERILLION