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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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15440111 No.15440111 [Reply] [Original]

LINK is no longer my friend, I sold and went all in on RSR.

>> No.15440129
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15440129

>> No.15440141

>>15440111
only smart thing I've seen here today

>> No.15440144

>>15440111
>Sells the bottom
Never change, biz

>> No.15440153
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15440153

>>15440144
We're going UP.

>> No.15440225
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15440225

The sells walls can fuck off already, it has been 2 months

>> No.15440261

>>15440111

Tether is a better coin.

KYS

>> No.15440906

>>15440261
tether is a chink scam

https://cointelegraph.com/news/bitfinex-allegedly-covers-850-million-loss-with-tether-funds

>> No.15440934

once rsv assets are tokenized they will be visible to the public with full transparency. rsv will become the world's reserve currency. just slowly fill your bags before app launch and try not to over-shill this gem. i personally only respond to fudding faggots that are trying to accumulate and fuck over their fellow /biz/lets that missed out on 2017 bull run.

>> No.15441212

>to even reach 25 cents, you would have to hit $1 billion market cap and enter the top 15

How the fuck you gonna swing that?

>> No.15441254

>>15441212
>never heard of token burn
NGMI

>> No.15441275

looked into this and can’t understand the hype
You faggots are either pajeets shilling this shitcoin or just bunch of brainlet faggots
I am up on everything in this market and this is a shitcoin
Tell me why I am wrong?

>> No.15441304

>>15441275
You looked into it so there's no need for anyone to tell you anything. Good luck anon.

>> No.15441320

>>15441304
Seriously I want to know
I don’t like missing moon shots
It’s shilled too much and I can differentiate between pajeets and honest shilling
What am I missing?

>> No.15441352

>>15440111
Good move.

>> No.15441363

>>15441212
>never heard of slow release contracts either

RSR/RSV is a system that uses multiple tokens to keep one token stable. RSR is used for arbitrage in this system and price projections range from $1-$10.

RSV will be the next generation stable coin backed by multiple currencies and supported by Coinbase.

Early investors include Coinbase Ventures, Peter Thiel, Sam Altman, Digital Currency Group, Crypto Lotus, Refactor Capital, Jack Selby(Paypal founder), Distributed Global and many more.

As for Coinbase? Everyone knows they list what Digital Currency Group tells them to.^^

They have former SEC commissioner on their board.

Unironically supported by the fucking moguls of Silicon Valley.

Mark Carney, the current governor of the Bank of England specifally identified the dollar's status as the world's reserve as something that needs to be replaced by a form of digital currency similar to Facebook Libra, believing that would be a better option than letting another fiat currency like the renminbi replace the dollar.

Their mobile app is releasing next month and will be testing in hyperinflationary environment.

Coinbase Ventures are EQUITY investors/owners, making it clear that RSV/RSR is going to be the first next-generation stable coin system listed on Coinbase.

>> No.15441520

>>15441320
It’s a legit moonshot, but in the end still just a moonshot. OP is clinically retarded if he actually sold link to buy it.
t. holder of both

>> No.15441564

>>15441320
read
>>15441363

The 2-5% arb burn rate that will begin after mainnet launches will further reduce the supply of RSR which all but guarantees a $1 price. It might take a few years to reach $10 but if adoption rate is high enough then it could even surpass even that.

The investors are solid as fuck, the team looks solid and were invited to speak at Davos not sure if you've seen that video yet. https://www.youtube.com/watch?v=rb4e34btRbQ

The fact that big players like Facebook want to basically make the same type of stablecoin also makes me super bullish on RSR/RSV. Even Binance is trying to make a "local stablecoin" called Venus. Crypto demand is at an all time high in Venezuela and new companies like PundiX are installing point of sale equipment for retailers. Even their own shit government made their own crypto currency not that long ago and are accepting tax payments via bitcoin. That's just one country. Reserve also have a deal with 7mobile africa (look them up it's the 2nd guy from Nevin in Davos video) to add the RSV app to their phones for Angola.

RSV isn't just an app for shithole countries either, that's just where they decided to test, RSV will become available to everyone after mainnet since we're all going to be able to arbitrage using RSR.

RSV/RSR will have a diverse basket of assets, transparency, adoption in high inflation areas, burn mechanism and is currently selling for less than .0025. The only downside right now is that it's going to be annoying to buy it if you're a burger, until coinbase adds it between now and mainnet.

>> No.15441591

>>15441520
Link may go up, it may not, but it's immoral to try and sell it to people as some sure thing.

>> No.15442079

>>15440111
good move check out the Davos panel if you haven't already really good stuff

https://www.youtube.com/watch?v=rb4e34btRbQ&list=LL8eCQ4Wp8h7-tQnqfQEEKfg&index=2&t=0s

>> No.15442087

For me, it's Chainlink. The best cryptocurrency. I even buy extra in the smallest dip and the price increase just keeps on its spirit to oblige.

One time I bought Chainlink for 50 cents. I said, "Chainlink for 50 cents!" and the nice friendly Binance worker laughed and said, "Chainlink for 50 cents!".

Now the Binance staff greets me with "Chainlink for 50 cents" and ALWAYS give me three extra LINK over a purchase of 100 or more. It's such a fun and cool atmosphere at my local Binance currency exchange, I go there at least 3 times a week for buying the dips and accumilating in lower price periods, 1-2 times for buying more LINK on the weekend, and maybe one extra time when I'm in a rush but want a great cryptocurrency exchange that is fast, and can match my daily cryptocurrency needs.

I even sold my BTC for CHAINLINK, it's amazing! What a G R E A T cryptocurrency.

>> No.15442337

>>15440111
For me, it's Chainlink. The best 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k

700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k

700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k 700k

>> No.15443031

>>15441591
I’d agree with that. Link isn’t a risk free hold. But Rsr is far riskier.

>> No.15443161

>>15443031
RSR doesn't get the equivalent of 700k dumped on it weekly

>> No.15443485
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15443485

The reserve protocol is a system. No one person will be in charge of it. When it's all said and done the goal is to allow the algorithm to run and do its own thing as it keeps RSV at a 1:1 ratio with USD until there is enough diversity in the assets that the peg can be completely removed and the value of RSV can become its own. If RSV becomes widely adopted because the algorithm works as intended and people start to see the value in a stablecoin that isn't reliant on any 1 fiat currency, then it will 100% become the world's reserve currency. Watch how it succeeds in Venezuela and Angola, those will be the testing grounds followed by Argentina and so on, until one day we'll all be using RSV to instantly send and receive money all around the world.

>> No.15443499

>>15443485
how does that work without a buyer or market maker? You can have 1mil rsr with 1:1 usd but if there are no sucker buying it then you it is pretty useless.

>> No.15443881

>>15440111
Any faggot who sells link for anything is just a nulinker trashoid anyway. You were never meant for greatness.

>> No.15444552

>>15443499
RSR is the market maker. RSV is what holds 1:1 USD value initially. The price of RSR is what fluctuates deriving it's long term value based on demand for RSV.

>>15443881
Been holding link since 2017 and I'm contemplating selling my stack down to last 100k for literal generational wealth. RSR seems solid and I can see it mooning before LINK.

>> No.15444624
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15444624

>>15440111
nice digits, will make it

>> No.15444691

>>15444552
I expect LINK to appreciate in price first, but can’t hurt to hedge.