RSR

[Anonymous No.14641273]

Bullish as ever.
>How should we call the RSR "marine"?

[Anonymous No.14641288]

RS Army

[Anonymous No.14641289]

We're Reservists.

[Anonymous No.14641309]

Let me get this straight: the only purpose they serve is to be a stable cryptocurrency, and you think that they will rapidly rise in price?

[Anonymous No.14641330]

>>14641289
>>14641288
Both good ideas, lets discuss.
>>14641309
DYOR, RSR is not the stable coin.

[Anonymous No.14641457]

Last call to buy this dip before take off!

Toot toot.

[Anonymous No.14641507]

>>14641330
"Step 1 for Crypto: Stable Decentralized Currency"

Is the heading on the website. And before you try to make the argument that RSV is the stable coin, isn't it RSR's purpose to help stabilize RSV? Thus making it stable in kind?

[Anonymous No.14641514]

>>14641309
RSV is the stable coin. RSR will moon.

[Anonymous No.14641524]

>>14641273
future dead pnd shitcoin marines

[Anonymous No.14641540]

>>14641514
Exactly this

[Anonymous No.14641543]

>>14641507

[Anonymous No.14641554]

>>14641273
Rapists

[Anonymous No.14641564]

this reminds me of JNT so much

[Anonymous No.14641707]

>>14641543

Bummer, I was hoping I was wrong. Seems I was right.

[Anonymous No.14641751]

>>14641514
>RSR will moon.

But why? Is it being used as stakes in a node? Is it being used to verify information? Cause all the website says is that it's to help stabilize RSV, which I don't see why such a thing would moon...

I'd love a deeper explanation

[Anonymous No.14641754]

>>14641564
yeah its so much like jnt, but we all learned our lesson this time and so yeah im setting some fucking stop losses despite how bullish i am

[Anonymous No.14641771]

>>14641507
RSV is basically going to be exclusive for network only nodes while RSR is the offering. Fill up your bags quick and get on before its too late.

[Anonymous No.14641800]

>>14641564
that's exactly what I said when I heard about this
maybe these guys can pull it off because they're not a bunch of teenaged camelfuckers but I'm very cautious

[Anonymous No.14641903]

So this is a $1 stable coin so we should buy it because it will become $1? Is that the pitch? I'm just trying to understand

[Anonymous No.14642040]

>>14641903
rsr isn't a stable coin. rsv and rsd are.

[Anonymous No.14642124]

>>14641507
Yes it's purpose is to help stabilize RSV.
No this does not mean RSR is stable.
RSR can have any price and can always be used to buy RSV, after which the RSR gets burned. If the price of RSR is still relatively low once mainnet has arrived and RSV gets bought a lot, this means a fuckton of RSR will be burned.
Say 1 RSV would be worth $1 and 1 RSR is priced at $0.01, this means for every 1 RSV that gets bought 100 RSR will be burned. You can do the maths from this point onwards.

[Anonymous No.14642286]

Considering dumping 10k USD into this? What kind of gains are we looking at and when does teh app/RSV release

[Anonymous No.14642472]

>>14642286
bout tree fiddy x is my estimation

[Anonymous No.14642514]

Price is down while ETH is up. Now is your window to buy boys. It won't be open for much longer.

[Anonymous No.14642552]

Reservists or Reserve Squad.

[Anonymous No.14642588]

>>14642124

Is that why 95 billion tokens remain uncirculated?

[Anonymous No.14642609]

>>14642286
Easy 10x possible 50x

[Anonymous No.14642719]

>>14642588
Yes, definitely don't buy this

[Anonymous No.14642914]

>>14642719

What happens when all the tokens are burned over time?

[Anonymous No.14642946]

>>14642914
burn is based on token value at the time. Think about it

[Anonymous No.14643103]

>>14642914
>These are the type of people you're up against

[Anonymous No.14643271]

>>14643103

Whenever you can't answer a simple question it just makes your project look scammy.

I went to the Reserve FAQ section to see if my burn question had been answered and this is literally an answer to "Will it work?"

>The Reserve team disagrees about this. Some of us think it’s going to work, and others are really skeptical. The main co-founder is convinced it will work (big surprise lol). Some others work on Reserve because they like the people and the intellectual challenge, and they really want to make it work if it can.
>The reasons why the believers think Reserve is going to work are SUPER complicated and they take a long time to explain. Assuming it starts working, it will be pretty clear at that point.

[Anonymous No.14643316]

>>14643271
Its becsuse you need to know a lot of economic theory to umderstand it.

The devs cant really give you a college level education in a whitepaper.

This isn't a diss. Just the reality. It is a very complicated project.

Im sure Thiel had trouble explaining PayPal at the beginning too.

[Anonymous No.14643333]

>>14643271
The price of RSR will keep increasing exponentially when more and more tokens are getting burned and the total amount of remaining tokens would be getting closer and closer to zero. There is no way realistically every single token will be burned at some point.. Can't believe I have to explain this to /biz/. The average IQ of this board sure has dropped a lot over time.

[Anonymous No.14643452]

>>14643333

[Anonymous No.14643541]

>>14643333
Fucking quads

[Anonymous No.14643996]

>>14643333

checked

[Sage No.14644312]

bump

[Anonymous No.14644327]

OK where buy?

[Anonymous No.14644402]

>>14644327
Huobi is probably the best one.

[Anonymous No.14644648]

>>14641273
The Q3 shift for the RSV launch unironically makes now a pre-pump season.

I'd call ourselves The Reserved rather than marines.

[Anonymous No.14644727]

>>14642588
Lol only 3 billion in circ
Get yours muhfukka

[Anonymous No.14644731]

>>14644648
I am reserved. Are you reserved?

[Anonymous No.14644930]

>>14641273
7MM RSR CHOLO REPORTING IN

[Anonymous No.14644936]

>>14643333
B) woudja look at that

[Anonymous No.14644937]

pumping downwards
no momentum
sell now

[Anonymous No.14645103]

>>14644937
>pumping downwards

It will dump to max 0.003225-0.003250 usdt and most probably come back from there. Kek has spoken.

[Anonymous No.14645274]

Can someone address the total supply situation? That's a lot of fucking tokens not circulating

[Anonymous No.14645372]

>>14641273
>rich

[Anonymous No.14645430]

>>14645274
55.75% of total tokens are held by the project, locked. They are stored in a smart contract referred to as the "slow wallet." Slow wallet tokens are locked, and can only be withdrawn with a one-month delay, visible on-chain, including a message from the team explaining the reason for the withdrawal. We designed this mechanism to give the project the ability to release tokens for fundraising and other purposes in the future if needed, while allowing the community time to learn about any further releases well before any new tokens enter circulation. The slow wallet is deployed here: https://etherscan.io/address/0x4903dc97816f99410e8dfff51149fa4c3cdad1b8#code

[Anonymous No.14645443]

SEELLL
SEEEELL
SELLSELLLLAAAAAAHH

[Anonymous No.14645450]

>>14645443
Not.

[Anonymous No.14645721]

rebuy 25 sats bros

[Anonymous No.14645729]

U guys think RSR can hit 3 bucks?

[Anonymous No.14645817]

>>14645729
The expectation is that at times it will be over $10. If/when this happens there are protocols in place to bring it back down.

"Raising the Vault Level - When Vault assets depreciate, the Vault level may fall significantly below the Vault Target. If the Vault level is significantly below the Vault Target and the Reserve Rights token price is over $10, the Vault Manager refills theVault by minting new Rights tokens and auctioning them for more Vault assets."

[Anonymous No.14645925]

>>14641273
Reservists

[Anonymous No.14645933]

>>14645729
RSV is going to replace fiat in a lot of countries, starting with Venezuela. RSR gives RSV its value. This is like Facebook's Libra, but actually decentralized and valuable.

[Anonymous No.14646620]

>>14641273
Just bought 100k.

[Anonymous No.14646683]

Reservist checking in

[Anonymous No.14646721]

>>14646683
Reservist/s it is!

[Anonymous No.14647011]

>>14645103
How did he know

[Anonymous No.14647561]

>>14641309
The purpose of rsr is to use it as arbitrage for RSV. If RSV rises about 1.00, i.e 1.02 RSR tokens can be purchased and used to arbitrage until the price of RSV is back to 1.00. Traders and speculators can use this to make consistent gains when RSV fluctuates. So yeah RSR actually has a solid utility unlike most other coins

[Anonymous No.14647977]

But a stable type coin has never been worth 10 billion.
Not even maker
What makes us better than
maker dai?

[Anonymous No.14648215]

>>14647977
It doesn't have to be worth 10 billion to see huge gains. It could potentially be worth that much at one point, but it's impossible to know how succesful RSV will be as of now.
Arguably RSR/RSV is better than maker/dai, because of the different ways of stabilizing. Dai has not been close to $1 on multiple occasions. Also RSV should be easier to use for the normen.