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

/biz/ - Business & Finance

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15733594 No.15733594 [Reply] [Original]

Reserve app launched today. Facebook ads moving forward. RSV v2 update next week. Looks pretty slick.
.
https://play.google.com/store/apps/details?id=rsv.walletapp.reserve

https://medium.com/reserve-currency/q3-update-on-the-reserve-app-4c6f37634a0a

>> No.15733620
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15733620

>> No.15733625
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15733625

App looks great, let's hope we see adoption

>> No.15733636
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15733636

>> No.15733644

>>15733594
Stop spamming this scam. JANNIES.

>> No.15733650

>>15733625
Not worried at all if they're doing Facebook ads

>> No.15733656

>>15733644
Shut up fag. Go cry about your vechain bags

>> No.15733664

>>15733656
RSR is the new vechain.

>> No.15733704

>>15733594


the app says nothing about rsv... its simply an exchange for dollars. HOW DOES IT FEEL TO BE SCAMMED?

>> No.15733763

>>15733704
This shit is moving quickly.. what the fuck does ripple or tether have after 3 years?

>> No.15733779
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15733779

>> No.15733890
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15733890

>>15733644
>>15733664
>>15733704

So mad right now

>> No.15733927

>>15733890
cope

>> No.15733936

>>15733763

The shit is moving quickly down the toilet.

>> No.15733950
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15733950

>>15733927
>cope
>3 posts by this ID

>> No.15734001

>app launched
>still no moon
that's it boys, pack it up. it's only downwards from here.

>> No.15734009
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15734009

Damn nice

>> No.15734023

>>15733936
this lmao.

>> No.15734061

>>15733594
Rsr is literal garbage. You guys aren’t actually buying this shit are you?

>> No.15734147
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15734147

Yyyyeeeaaahhhhhh

>> No.15734385

Really bullish fud

Just waiting for the rocket launch now

>> No.15734835
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15734835

BTC dumped and RSR held like a fucking chad. Everyone is down like -60% meanwhile I’m up on ETH/BTC pair and only down like -8% at most in usdt pair. I guess you can say I’m pretty fucking comfy. Never expect a big 10x based on app release anyway but watch, as these months pass and the team starts finalizing RSV code and get possibly listed on Coinbase these haters will start to fomo in because anyone with two brain cells knows that RSV is going to be the next standard in stablecoins. Even banks are trying to create asset backed stablecoins but they won’t have the secret sauce we have. RSV is an entire self sustaining ecosystem, it’s going to be the gold standard of digital reserves. If you don’t buy the oil (RSR) that will be used in this machine you will regret it for as long as you live. Don’t say we didn’t warn you, most RSR holders fucking hate when I’m shilling on /biz/ because my shills make it all over Twitter and get hundreds of likes by normies and they want to accumulate before they find out. So why am I trying to help nubiz? Because you’re me. I’m just trying to give you fucks a gem and all I get is fud in return but I actually want to help whoever is willing to listen. I don’t want any fame or recognition I just want you to make it. Good luck anons.

>> No.15735222
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15735222

Is Simpleswap still working? Also, Where do you guys keep your RSR?

>> No.15735275

>>15735222
Huobi because im not an americuck. You could try vpn.

>> No.15735309

>>15735275
I'm keeping mine on Idex with a VPN. Really I just wamted to know if Simpleswap is trustworthy.

>> No.15735432

>>15735309
>keeping it on Idex
Lmao get a cold wallet

>> No.15735441

>>15735432
Cold wallet?

>> No.15735449

>>15735441
>this is your brain on rsr

>> No.15735596

>>15735309
I used simpleswap when idex was down for maintenance. I’m using coinbase wallet to hold my RSR but metamask is also a good choice. Cold storage is good too for long term holds. Cold storage just means a physical ledger drive that you keep somewhere safe like a vault or something. I’m still debating if I want to do that or just keep my RSR in this mobile wallet and if something happens I have my private key memorized and I just download the App again. I would advise you not to store your RSR on an exchange even though I’ve heard good things about idex it’s still risky. Oh and I’m using coinbase wallet because it’s my own wallet with a private key unlike coinbase itself, and it seems like a legit App so far. It also connects to idex easily even after I created two accounts with different names and locations. I’m also expecting a coinbase listing and some kind of dApp for RSV arbitrage in the future so I may as well keep things simple for that possibility.

>> No.15735693

>>15733594
bottom isnt in tho

>> No.15735705
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15735705

>>15733594
god damn, feels good today

>> No.15735761

>>15735222
store your coins on a device like Ledger Nano, put it in a safe / inflammable bag and forget about it for 2 years

>> No.15735763

>>15735432
Is it possible to store it on the nano ledger? I have mine on metamask at the moment

>> No.15735797

>>15733594
are there rewards for holding an amount of these? any dividends or something?

>> No.15735806

> downloads are rising
> already a restaurant and some shops who accept RSR payments

Get in fags.

>> No.15735807

>>15735763
yes..! send it to your nano ledger ethereum address.

>> No.15735818

>>15735806
seriously? wtf where all this came from?

>> No.15735890

>>15735222
> Where do you guys keep your RSR?
just create a paper bitcoin wallet and send it there. cheap, secure and easy.
write down your private keys twice and store in separate places.

>> No.15735928

>>15735818
https://medium.com/reserve-currency/q3-update-on-the-reserve-app-4c6f37634a0a

>> No.15735932
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15735932

>>15735818
A fren shared some screenshots in the RSR discord

>> No.15735947
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15735947

>>15733594
>100 downloads
lmao this is a confirmed failure

>> No.15736107

The app literally doesn't matter. Venezuela literally doesn't matter. While nevin and his team are larping and upholding the white man's burden in the jungle, the developers are working on the main net launch. A decentralized stablecoin running on a greed/incentivized game theory basis hasn't been done before. When RSV becomes the default trading pair for BTC and replaces Tether that's when shit hits the fan. That's when arbitrage kicks in and all tier-1 exchanges list RSR. $1 RSR 2020 absolute minimum. (Towards q4)

You people need to appreciate the network effect that will propell this. Who's not going to own any RSR, when it let's you make a profit every damn day.

>> No.15736162

>>15734835
I am a poor wagie. I have 150k RSR and 1200 link. Should I invest more in RSR?

>> No.15736571

>>15736162
Well fren, I'm an even poorer student and 150k is my current realistic goal for my stack. If I could invest more I would. Don't beggar yourself though, never invest what you can't afford to lose.

>> No.15736677

>>15735947
it was released today you cuck.

>> No.15736684

>>15736162
Yes. 1MM is minimal to make it short term.

>> No.15736701

>>15736107
it wont let you make a profit every day

>> No.15736816
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15736816

>lmao they sell fucking beanie babies

>> No.15736870

>>15736701
It depends on the arbitrage opportunities. More people using RSV = More arbitrage opportunities as the price fluctuates. The reason that the team estimates between 2-5% RSR burn is because that's what they estimate will be the volatility/fluctuation of RSV (more so on the lower end ~3%. So, if RSV becomes widely used by the crypto community after it overtakes Tether for example, you will have more people trading/buying it and it will therefore fluctuate more often in price and create more opportunities to make profits from arbitrage. As for how much you will make, or how often you can take profits that all depends on the adoption rate and how much RSR you decide to use for arbitrage and what the contract states. Some contracts might allow you to withdraw daily, others might be weekly. It's still not fully known how it's all going to work but those are some thoughts on what I think might happen based on the available information. As a side note, there will be a lot of information that still hasn't come out because the team really doesn't want to fully disclose it all at this stage. If that makes some people uncomfortable, I fully understand and wouldn't blame them for not wanting to jump in right now, personally I've got no reason to distrust the team and I'm taking them on their word. They clearly have the support of big investors which should give us some confidence that at the very least they're getting good advice from people that actually made it. So, decide if you're going to trust some NEET on 4chan or Coinbase Venture and Peter Thiel or Sam Altman. I'm all in with RSR, not saying to do the same, but just keep an eye on the market and you decide for yourself and always DYOR.

>> No.15737024

>>15736870
Good points. I'd like to reiterate on the fact that this is all a very technically easy smart contract and platform to code. They're not larping as the next ethereum or promising some kind of practical application of theoretical blockchain solutions (aka scam projects) By late 2020 all of this will be live and fully functional. Then dapp developers will make streamlined and automatic arbitrage solutions for RSR holders. Tether fluctuates daily and so do the commodities that will back RSV. I believe we will have multiple daily arbitrage trades even in the early days. Not that it matters, RSR will be climbing into the top 10 on CMC 2020-2021. Supported by bitcoin maximalists themselves because it's a truly decentralized and permissionless stable coin. There's no backdoor access or "freeze" code unlike USDC. It's auditable and not under litigation unlike tether. Once RSV is launched it's game over for the you know whos.

>> No.15737030
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15737030

Will I make it dudes?

>> No.15737385
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15737385

Yeah

>> No.15737578

>>15736870
the 2-5% burn depends on the transaction fees u dumbass cunt

and RSR will be minted if RSV falls below $1

>> No.15737591

>>15737030
yes

>> No.15737593
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15737593

just got my second RSR bag
i also make RSR memes
post what you want to shoop