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/biz/ - Business & Finance

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17278571 No.17278571 [Reply] [Original]

31 sats Edition

News
>10,000 new RSV minted for a large partner
>App v2 set be released in numerous countries

What the fuck is this trash?
>Reserve is a stablecoin system consisting of two tokens. RSV the stablecoin currently pegged to $1.00. RSR the arbitrage coin is used for stabilizing the value of RSV.

Why?
>Because stablecoins are underused in non-crypto markets and the ones that exist suck, have limitations or mis-market themselves

Upcoming Events
>Venezuela app goes on chain - TBA 2020
>Major exchange listing - TBA 2020
>Mainnet (RSR) functionality - TBA 2020

Where to Buy
>Huobi Global
>IDEX
>Simpleswap.io
>Pionex

How much to Make it?
>It’s suggested to hold at least 500,000 RSR (~$1000). There is a consensus that an increase in liquidity (exchanges), adoption (app going on chain), and mainnet (proof of the RSR mechanism) will drive the value of RSR into the top 100 coins. Somewhere between $0.01 (42m m-cap or 5x) to $0.05 (210m m-cap or 25x). Anything beyond that would likely require massive adoption (which is possible), hype, major crypto press and the usage of RSV pairs on exchanges.

What about that huge supply?
>RSR is will be burned as RSV is transferred and minted. Estimate say about 2%-5% per year. This is similar to Paypal, but decentralized. Regarding team tokens, please read here:

reserve.org/blog/initial-circulating-supply-of-rsr

Chats
>t.me/reservecurrency (official)
>t.me/reservelodge (unofficial)

Further Reading
>medium.com/reserve-currency
>reserve.org/investors
>github.com/reserve-protocol

>> No.17278621

>>17278571
>10,000 new RSV minted for a large partner
Kek

>> No.17278679

>>17278621
>what is beta testing in custody

>> No.17278712

>>17278621
>I wanna make a lot of money off a coin
>I don't want to invest in something that's at a small scale
>I'll just buy vechain and trust some chink
That's you

>> No.17278770
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17278770

Get in you fags

>> No.17278867

satsgang pump and dump

>> No.17278988
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17278988

this shit holds so well during btc dumps. bullish af

>> No.17279060

>>17278867
>satsgang pump and dump
>18 to 31 sats
>no dump
I bet you bought NANO after the bitgrail hack

>> No.17279081

app only has 100 downloads. and they got paid to download it

satsgang pnd

no mainnet until 2021

total market cap is 400 million

half the team dont think it can work

>> No.17279108
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17279108

>>17279081
Discord tranny we know who you are

>> No.17279128
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17279128

>>17279081
Faggot lmao

>> No.17279182

>>17279128
truly I do not understand the point of the fud

>> No.17279282

>>17279182
These stupid discord fags with tiny bags think they can control the conversation by screaming "satsgang"

>> No.17279411

>>17279182
Desperation. They know RSR is ready to take off and they haven't bought enough yet.

>> No.17279440
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17279440

I'm fucking cooming

>> No.17279570

>>17279282
>>17279411

can’t even imagine. Already have a 350k bag and about to make that 500k on this dip. financial freedom will be nice

>> No.17279823

RSR discord: https://discord gg/t2yGaPB

>> No.17279931

>>17278571
A stacked big bag