/RSR/ - Reserve Rights General

[Anonymous No.15091887]

>Wtf is RSR/RSV?
RSR = Reserve Rights - Used as collateral to keep RSV stable at $1, when used its burnt to purchase xyz amount of RSV at $1 - so if RSV is $1.20 you can use RSR to arbitrage and buy at $1. It is a volatile asset intended to have a high price.

RSV = Reserve - The stable crypto that is economically and legally robust at any scale. Decentralized, 100% asset backed, and funded by top Silicon Valley investors. It is literally the most technologically advanced stable coin concept to date in a world where the current stable coins have more problems than a tranny trying to figure out what public bathroom to use. In short, RSV is the only stable coin concept that isnt a literal shitcoin. Just look at DAI, just the other week it was $0.93! MakerDAO cannot scale for use as a global stable currency, as of right now only the Reserve protocol fits the criteria checklist for that use case.

IMPORTANT UPDATES
>RSR burnrate confirmed at 2-5% annually in USD value of the total supply by Reserve devs.
>Huobi is building a DeFi that will support RSV
>Entirely regulatory compliant
>RSV launch with app in August (rumored insider info)
>New RSR exchange listings in Q4 (also rumored)

Available Supply data:
>The circulating supply for the first 3 years is closer to 20 billion as the reminder are essentially in a staked state.
>55 billion is held by the Reserve team to do burns so that more RSV can be minted
>In the event of minting new RSR the total supply will never exceed 100 billion as per dev data

Circulating supply on CMC is incorrect
>https://www.coingecko.com/en/coins/reserve-rights-token

Price projections:
2019 eoy: $0.05
2020 eoy: $0.40
2021 eoy: $1.30

Reserve crash course: Let /ourPajeet/ show you da wae
www.youtube.com/watch?v=egq7FnyED3A
www.youtube.com/watch?v=TuZp7n4oarM

Dev site: http://reserve.org
Whitepaper: https://reserve.org/whitepaper.pdf
Intro: youtube.com/watch?v=jydF88bwXco
Telegram: t.me/reservecurrency
RSR Deep Research Discord: jyXx96Q

[Anonymous No.15091893]

Reasons why smart money anons are buying:
>The Reserve protocol is the first ever invention of currency to fit the criteria of John Nash's "Ideal Money"
>Investing in Reserve/RSR is like investing in a startup central bank. The value they could create if successful will put any meme X on blockchain project in the shadow.
>Thats why Libertarian thinkers like Thiel and Sam Altman are involved.

Read up and then really focus on understanding the Reserve protocol and see for yourself:
https://en.wikipedia.org/wiki/Ideal_money
http://personal.psu.edu/gjb6/nash/money.pdf

It also doesn't matter how many brainlets will buy into RSR, the longterm value will come from its adoption. If there is no adoption it will just end up beeing a failed startup/shitcoin. If we should see adoption of RSV or RSD then RSR price will explode. Currently Reserve is the perfect asymmetric bet of 2019 with the best R/R ratio.


Another major reason that the more "elite /biz/ness men" are in early on RSR is because the Reserve team was invited to present at Davos. If you are not aware, Davos is literally the most elite business conference there even is on earth. It's impossible to go any higher than Davos as its the tippy top of the AAA list.

Reserve panel at Davos 2019
https://youtu.be/rb4e34btRbQ

[Anonymous No.15091900]

- Peter Thiel: 42,000,000,000+ RSR
- Commander: 500,000,000+ RSR
- Hannah Barron: 100,000,000 RSR
- General: 50,000,001+ RSR
- Lieutenant General: 25,000,001-50,000,000 RSR
- Major General: 17,500,001-25,000,000 RSR
- Brigadier General: 12,500,001-17,500,000 RSR
- Colonel: 7,500,001-12,500,000 RSR
- Lieutenant Colonel: 5,000,001-7,500,000 RSR
- Major: 3,500,001-5,000,000 RSR
- Captain: 2,500,001-3,500,000 RSR
- First Lieutenant: 2,000,001-2,500,000 RSR
- Second Lieutenant: 1,500,001-2,000,000 RSR
X<><><>X<><><>X
- Sergeant Major: 1,000,001-1,500,000 RSR
- Master Sergeant: 900,001-1,000,000 RSR
- Sergeant First Class: 700,501-900,000 RSR
- Staff Sergeant: 500,001-700,500 RSR
- Sergeant: 300,501-500,000 RSR
- Corporal: 100,501-300,500 RSR
- Specialist: 50,001-100,500 RSR
- Private: 1-50,000 RSR
X<><><>X<><><>X
- Subhuman RSRlet: 0 RSR

[Anonymous No.15091906]

>>15091893
Got 2.1 million of these bad boys, didn't do any research at all just bought cause I saw it shilled and it looked cool.
What am I in for now?

[Anonymous No.15091917]

>>15091906

you're going to draw down which will suck but keep hodling and congrats on the $20 million anon.

[Anonymous No.15091918]

>>15091906
>What am I in for now?
Early retirement from wage cuckery.
Serious advice, start reading up on wealth management right now so you don't do anything stupid when you are actually worth millions of RSV.

[Anonymous No.15091965]

>>15091918
>start reading up on wealth management right now
what if I do this and it teaches me how crazy it is to have a significant chunk of my net worth in highly speculative magic internet money in the first place, and I move it all into a Roth IRA causing me to miss out?

[Anonymous No.15091984]

>>15091965
> move it all into a Roth IRA

that would be literal "wealth mismanagement"
of course avoid the normie things like that.
we're in a new financial system now
so you need to learn how DeFi works, and be prepared to sell into stable RSV and live off the interest thru DeFi

[Anonymous No.15092115]

>one day reserve rights cryptocurrency will be worth $1000
I bought 300k of these but the shilling is getting more and more tacky each week.

[Anonymous No.15092237]

>>15091887
ReservePool anon here. I'm still mapping out the staking service, and obviously won't be able to launch it until RSV is up and running, but I haven't found any reasons this won't work. By using DEXs for trades I can make it fully non-custodial (so assets are held by a smart contract... no need to trust me, I won't be able to steal your RSR). Here's how it will work:
>you deposit your RSR to the smart contract
>when arbitrage opportunities present themselves, a tx will be executed. Assuming a 10% arb opportunity for simplicity
>first, we take $10k worth of RSR and burn it to get $11k worth of RSV
>then, we use this $11k RSV to purchase $11k RSR, which is returned to the pool
>profit is distributed between all members of the pool
So in the example above, if there was $20k RSR in the pool and we used $10k RSR to exploit a 10% arb opportunity, the pool would increase by 5%. Everyone just earned 5% compound interest on their RSR.
I'm also thinking about keeping some of the profit in the smart contract as RSV, so that when new RSR is minted the pool can buy it for cheap.
>>15092115
This. I'm hoping it is low IQ investors who got lucky in finding this and are overexcited, or fudders reverse shilling. Whatever, I'm still confident in RSR's model and chances of gaining adoption. The "$1k EOY" linkies don't seem to be hurting LINK too much.

[Anonymous No.15092278]

>>15092237
ABSOLUTELY FUCKING BASED AND RSR COMPOUND PILLED

Do you have a domain yet anon?
would like to hear more about ReservePool and read a whitepaper if u got it.

[Anonymous No.15092553]

>>15092237
There's a lot of pajeets in this hoping for $10 RSR. Whatevs, I hope they get their moonshot, but I wish they'd chill with the tacky shilling/reverse fudding.

Extremely based idea for a pool, I saw your reply in a thread not long ago, looking forward to seeing how that develops.

[Anonymous No.15092565]

>>15091887
Except the team literally states in their white paper that RSR most likely won’t work. KYS

[Anonymous No.15092625]

>>15092237
RSR EOY prediction?

[Anonymous No.15092629]

>>15092565
This

Idk why are people buying in lmao

[Anonymous No.15092630]

>>15092565

this is the most low effort FUD i've ever seen

[Anonymous No.15092634]

>>15092565
>>15092629
t. brainlets

the Reserve team fudded their own project to keep nubizlets away from buying it and further pricing out the insiders and real investors. its a mechanism of keeping the initial price of RSR low so that the accumulation phase can be more extended. high IQ anons will understand this.

[Anonymous No.15092644]

>>15092630
Who the fuck wrote this?

https://reserve.org/blog/reserve-faqs

>>15092634
COPE

Not participating in your tranny PnD scheme.

[Anonymous No.15092721]

https://hackernoon.com/a-comprehensive-guide-to-decentralized-stablecoins-22f66553c807

Non brainlets only

[Anonymous No.15092748]

>>15092634
>fudded their own project to keep nubizlets away from buying it

Imagine telling yourself that to help you sleep at night. COPE

[Anonymous No.15092760]

>>15092644
>https://reserve.org/blog/reserve-faqs

404

[Anonymous No.15092767]

>>15092748
thx for taking my bait btw.
i was being metaphorical

[Anonymous No.15092776]

Captain here. Waiting very patiently for RSV and the app to come out. The hackernoon article posted above is by far the best break down of why reserve will succeed. I may be able to accumulate to major if we stay low.

At the very least Reserve should be competing against Maker. It's the only real decentralized competition for it

Also, I asked the telegram mods about marketing. Specifically because I emailed probably the entire crypto press about why no one was talking about Reserve. Mods said they are specifically waiting to market the coin after RSV comes out. So you should start hearing about it much more in a few weeks.

Also if anyone wants to submit a write up about Reserve to the The Daily Hold, they're looking for one.

[Anonymous No.15092808]

>>15092760
https://reserve.org/blog/reserve-faq

you're literally fucking braindead if you haven't seen this page and "page doesn't exist" is your only rebuttal.

[Anonymous No.15092884]

How much can I buy with 1k right now?

[Anonymous No.15092902]

BTW brainlet fudders. If you want to talk about uncertainty or weakness with reserve, I'll give you some tips

>When the Reserve Protocol first launches new Reserve Shares will be minted whether the vault is undercollateralized or overcollateralized and this initial design mechanism will create an overall inflationary effect that may lower the price of Reserve Shares
This is going to be negated by burns, fomo and the likely rapid pace of adoption

>if the excitement and FOMO created by Reserve’s mass adoption does not encourage speculators to buy Reserve Shares then the holders of these share tokens will have to rely on the Vault’s collateral assets appreciating in value as their sole source of revenue
Which is not bad at all. You're holding a giant fucking bag of worldwide diverse assets. Certainly protected from horrible bear markets.

>Reserve has no saving interest rate like MakerDAO
Maker can't scale. So fucking what? People are gonna use what has liquidity. Reserve can get there. Maker cant.

[Anonymous No.15092910]

>>15092902
>"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."

Can you imagine holding this shit? Lmfao

[Anonymous No.15092916]

>>15092884
About 380k. Sergeant status.

[Anonymous No.15092927]

attn. Sirs this coin actually very bad and will go down in price relatively to united states dallors sirs please do not buy so I can purchase for lower price and very additional needfils as price risings.

[Anonymous No.15092933]

>>15092916
Eh... then I'd have 380k RSR and 3.8k LINK.
I need to be at least a 3 millionaire.

[Anonymous No.15092945]

>>15092884
How to buy RSR if burger:
>buy ETH on crypto.com (register with ref code pwb8n4rhly for $50 in free crypto) app or coinbase pro
>send ETH to your ERC20 metamask.io wallet
>go to http://idex.market click balances
>deposit ETH using 4+ more gwei than the current gas limit
>go to RSR/ETH pair
>buy RSR
>go to balances, withdraw to your ERC20 metamask wallet
>hold for 4 years
>reverse process to sell on a centralized exchange with much higher volume
>sell your RSR into RSV
>send RSV to your metamask ERC20 wallet
>login to the Huobi DeFi
>supply the contract with RSV
>earn a passive 6% interest on your RSV
>profit massively

thats as detailed as im willing to get right now.
but follow that and you should never have to work again assuming you get 1MM RSR right now

[Anonymous No.15092994]

>>15092910
You realize that even though reserve's model is nearly perfect, and completely unique, that shit could happen beyond the control of the team?

Stablecoins are getting a lot of press lately. Most of it bad (Libra, Tether, now walmart lmao). These moves are not just threatening altcoins and stablecoins, but the entire market. Reserve could emerge as something better. It could die in a regulatory purge.

Even if RSV succeeds, for it to go ballistic would require a very healthy security token market and dapp market. As well as maturation of a lot of platforms. We are pretty far from that when you have faggots like Justin Sun, CSW, and Shady Lu in the top 30. People are still buying vechain bro. Chink scams.

But besides that, reserve is the tits. It beats every decentralized stablecoin model, and can scale beyond tether.

It's up to you if you want free money.

[Anonymous No.15093118]

>>15092278
>>15092553
Thanks. No whitepaper yet, I'll get something up once RSV is launched and there are smart contracts to work with so I can get the details right.
What do you guys think of me taking a 0.1% fee on each successful arb execution? So on a 10% arb opp, the pool profits 9.9% and I get a revenue stream to keep building this. I don't want to sell a token like LinkPool as I would prefer to keep this open to all RSR holders (bigger pool == larger arb opps == more profit).
>>15092902
RSR is so hard to FUD that we have to do it ourselves. Comfy.
>>15092994
Good post. >>15092910 thinks honest transparency about the scope of the problem being solved is a bad thing, when actually it is the underlying nature of any asymmetric risk. If the problem was easy to solve there would be no value in solving it. The difficulty of the problem is exactly why RSR has such high potential gains.

[Anonymous No.15093231]

>>15092994
Remind me, what did Vechain do that confirmed it as a chink scam? I wasn't in crypto until very recently when I bought with LINK and I have to say RSR is looking like a mighty fine buy as well.
The only hard part is wageslaving until I'm rich.

[Anonymous No.15093899]

>>15092945
You reckon it won't get cheaper than it currently is?

[Anonymous No.15094137]

The potential profits on this are too high not to take the gamble.

[Anonymous No.15094671]

>>15093118
Only makes sense that you'd take a cut desu. If you take too much, people will just stake elsewhere. Too little and you're selling your time too cheap.

[Anonymous No.15094672]

JUST

[Anonymous No.15094972]

>>15094672
did something happen? dropping heavily right now

[Anonymous No.15095601]

>>15091887
>>15091887

I'm pretty sure if >$1 then new coins are minted. If <$1, you can buy with RSR and exchange for $1 using a smart contract

[Anonymous No.15095623]

>>15095601
>If <$1, you can buy with RSR and exchange for $1 using a smart contract
where does the difference come from?

[Anonymous No.15095636]

>>15093118
You're underestimating the costs involved. This is why a token sale is such a common route for funding. If you dont, you have to front development yourself.

[Anonymous No.15095677]

>>15094972

If something happened it would be dropping a lot faster. This is just weak hands leaving because it didn't moon overnight. In a year they'll all be crying. Good time to buy more.

[Anonymous No.15095712]

>>15095677
Checked

[Anonymous No.15095721]

>>15092237
>>15092237
Hit me up anon. I've already started building this project and want to work together to make something great.

[Anonymous No.15095734]

>>15095677
It broke the trendlike a few days ago, so I sold it back then. Just normal market movement for now, rebuy lower.

[Thisiswhereidumpmycrap@gmail.c(...) No.15095737]

>>15095721
Email attached

[Anonymous No.15095747]

>>15094972
Insider news that app will be delayed. Fucking scammy team. Nevin is pure SCUM.

[Anonymous No.15095758]

Top 100 wallet holder here. Poor anons that can't see how hard this will pump are the same anons who missed chainlink. Never gonna make it.

[Anonymous No.15095763]

anons what was the name of that forced meme about a year ago? I'm thinking it was a wagie wojack?

Bringing it up in this thread cause the RSR fags seem to be interested in forcing memes because no one actually holds this shit on chain. Imagine believing 25% of the holders are biztards.

[Anonymous No.15095765]

got a half million of these suckers. wish i had 1M+ but cannot complain. i cannot afford more atm.

[Anonymous No.15095814]

>>15095747
Show us on the doll where Nevin touched you.
>>15095763
What do you mean no one holds it on chain? Etherscan shows wallets are accumulating. My wallet has been knocked down in the rankings over the last week.

[Anonymous No.15096144]

I am genuinely interested and have been in RSR for quite some time, but still do not own any. I still have a hard time seeing how this is better than makerdai? Is the main argument that this can scale better and it is easier for users to arbitrage and profit off of that? The fact there is no savings rate, isn't dai safer? Please shill me on why this is better than Dai.
Thanks.

[Anonymous No.15096287]

>>15091900
Take this Hannah Barron shit out

[Anonymous No.15096315]

>>15096144
Pretty much yes. Look up reserves analysis of makerdao. Maker isn't bad, just problematic to scale.

[Anonymous No.15096319]

>>15096144
DYOR

[Anonymous No.15096382]

This belongs in the top 5

[Anonymous No.15096397]

>>15096319
I see on the reserve website it says fenbushi as investor but on fenbushi website cant find Reserve

[Anonymous No.15096415]

>>15096397
that's how early you are

[Anonymous No.15096452]

ok, but isnt the mcap of rsr really like 250 not 10 mil if there are 100 bil total supply at current prices? Why is the circulating supply 4bil on cmc isntead of the 100bil?

[Anonymous No.15096458]

>tfw only 700k RSR

W-will I make it?

[Anonymous No.15096488]

>>15096452
>The circulating supply for the first 3 years is closer to 20 billion as the reminder are essentially in a staked state.
>55 billion is held by the Reserve team to do burns so that more RSV can be minted
>In the event of minting new RSR the total supply will never exceed 100 billion as per dev data

Circulating supply on CMC is incorrect
>https://www.coingecko.com/en/coins/reserve-rights-token

[Anonymous No.15096596]

Ok thanks anon. So its really like 50 mil mcap. Couldn't say have of those those 55 bil held by the team be added to circulating supply? Why is it 20 bil circulating. Are they always going to hold that amount for burns. I get it fluctuates, but is there a minimum they will hold?

[Anonymous No.15097126]

A question. Is RSV supposed to maintain its real value over time compensating for USD inflation?

[Anonymous No.15097134]

>>15096397
When will you face the fact that it's a scam?

[Anonymous No.15097163]

[Anonymous No.15097168]

[Anonymous No.15097183]

>RSR shitting the bed
>g-guys .05 EOY!
Not a fucking chance, lmao.

[Anonymous No.15097259]

>>15097126
They say that, eventually, it will come off the USD peg and instead be pegged to a basket of diverse assets designed to hold their value over time. They don't have any concrete plans or timeframe as to how or when they will do this.

[Anonymous No.15097343]

>>15092237
Keep it up, had this idea too but if you execute it well then no need for me to do it.

[Anonymous No.15097403]

>>15091887

SchloppyDoggo is a fucking faggot

[Anonymous No.15098207]

FINANCIALLY