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/biz/ - Business & Finance


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21381921 No.21381921 [Reply] [Original]

Redpill me on RSR. Why are people buying 10s of thousands of this? EOY predictions?

>> No.21381950

>>21381921
Because it's backed by Peter Thiel. There's literally nothing else you need to know about it.

>> No.21382078
File: 43 KB, 777x437, IMG_20200811_220420_871.jpg [View same] [iqdb] [saucenao] [google]
21382078

I have bought almost a million of these things. I have never been so excited about a project in my entire life. Not shilling. There is no need for that. This is the one.

>> No.21382153

Do you guys think this will actually be used? isn't it meant for Venezuela or some shit?

>> No.21382253

>>21382153
>isn't amazon for books?
gotta start somewhere

>> No.21382350
File: 536 KB, 1646x1250, you-just-got-reserved.png [View same] [iqdb] [saucenao] [google]
21382350

Here's the toughest red pill you'll ever swallow bro

>> No.21382361

>>21382153
It’s great for Venezuela because they have a corrupt government where there money is worth less and less every year.

That doesn’t mean it’s only for Venezuela though. A stable coin backed by a multitude of assets is highly valuable

>> No.21382380

>>21382153
"over half of our team is from Venezuela"
"We have people on our team who farmed Runescape Gold for cash"

-Charlie Smith, Business Dev, Reserve Protocol, 2020

>> No.21382408

>>21382350
you're scaring me bro

>> No.21382516

Oh look, fud. I wont bore you with my story, but I will say this. I sold my entire crypto portfolio and even some stock positions to go all in on this one. Nobody is going to beg you to buy this one. That should at least intrigue you.

>> No.21382536
File: 7 KB, 225x225, 1597360706581.jpg [View same] [iqdb] [saucenao] [google]
21382536

>>21382350
hahahah they'll never accept this truth
it'll be lucky to see 5 cents in 10 years

>> No.21382861

>>21382536
cope


NEW ATH WAITING ROOM
.015 EOD

>> No.21382881
File: 218 KB, 960x1280, IMG_20200807_140247_604.jpg [View same] [iqdb] [saucenao] [google]
21382881

>>21382350
See you at 3$ fren

>> No.21382992

>>21382516
It intrigues me as much as the xrp schizos because I genuinely love reading the thoughts of schizos

>> No.21383019

>>21382350 Honestly, I don't see how market cap affects price all that much. Other than maybe fueling and catalyzing a price discovery event. I've seen coins with low MC selling for triple digits and high MC coins trading for single digits and both see incredible growth so what you're posting is just lazy FUD for the uninitiated to me. I don't know too much, but I've been doing great so far relying on my wits so OP take what people say on here with a grain of salt especially the FUD.

>> No.21383047
File: 1.73 MB, 856x7899, truthaboutxrp.jpg [View same] [iqdb] [saucenao] [google]
21383047

>>21382992
chew on this

>> No.21383052

>>21382350
someone taking the time to make this is incredibly bullish

>> No.21383163

>>21383052
That img is old and used as FUD when RSR fell from 0.014

>> No.21383184

seems very idealistic for a cryptocurrency and that's saying a lot

>> No.21383202

Actually you niggers...https://en.ethereumworldnews.com/bands-band-recent-rally-points-to-a-return-of-the-coinbase-effect/
Fucking coinbase.

>> No.21383205
File: 95 KB, 970x647, lostinspaceApisit-Kontong-970x647.jpg [View same] [iqdb] [saucenao] [google]
21383205

Plebs trade FA

Chads trade TA and the chart on this one already melt your faces and within 1 hr is going to melt your already melted faces once more

>> No.21383279
File: 2.20 MB, 2208x1242, news_pepe.png [View same] [iqdb] [saucenao] [google]
21383279

>>21381921
Just straight fundamentals, fren. The Reserve team is creating a decentralized currency immune to hyperinflation by reflecting the value of real goods/production rather than an arbitrary amount of fiat. While central banking systems like The Fed mint an amount of currency over time to reflect the money supply they want - a practice vulnerable to malicious manipulation. Reserve, instead, pulls its value through actual goods. This is the Austrian Economic model made whole, complete, and immutable. There's no schizo crazy here, just fundamentals.

>> No.21383334

>>21382881
>nothing checked off

>> No.21383483

>>21382408
If that scares you, you don't deserve RSR. Let me give you a low hanging fruit. Go to reserve.org, click the link to the android app and look at the aggregate review score. Heres another one, read the white paper to find out under what conditions the supply of RSR would increase. And under what conditions it would decrease.

>> No.21383701
File: 138 KB, 640x526, woah.jpg [View same] [iqdb] [saucenao] [google]
21383701

>>21383483
don't spoon feed the smooth brains. let them fomo into a micro-bag at $.25 cents and post their pink wojaks of impotent rage. if they can't see the value of speculative investment in a project backed by coinbase ventures, peter thiel and the paypal mafia, they're unironically never going to make it.

>> No.21383954

>>21383701
1 RSR (0.01 USD lol) ha been deposited to your account

>> No.21384085

>>21383701
>don't spoon feed the smooth brains. let them fomo into a micro-bag at $.25 cents and post their pink wojaks of impotent rage.
Somebody told us anon. Even when we were too "smart" to listen. They will figure it out.

>> No.21384194
File: 80 KB, 1320x580, larp.png [View same] [iqdb] [saucenao] [google]
21384194

Disbelief stage

Meanwhile RSR new ATH

>> No.21384355

>>21384194
It's bullshit vapor ware

>> No.21384641

NEW ALL TIME HIGH
NEW ALL TIME HIGH
NEW ALL TIME HIGH

NEW ALL TIME HIGH
NEW ALL TIME HIGH
NEW ALL TIME HIGH

>> No.21384759

>>21384641
0.15c is near.

>> No.21384767
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21384767

WHAT THE FUCK IS HAPPENING

>> No.21384865

ahh its the bi-monthly pump to bring in new money and then let the original investors dump some of their stack
>inb4 crash to .09

>> No.21384905

How high is this wave gonna go?
0.0165?

>> No.21384926

>>21382350
Weak FUD, they can burn the supply, and the not ciculating supply the big part is from the slow smartwallet that will be used to manipulate the RSV price.

>> No.21384956

>>21382350
Imagine making that and posting it... Just bought another 5 ETH worth

>> No.21385015
File: 65 KB, 934x485, hit the spot.jpg [View same] [iqdb] [saucenao] [google]
21385015

>>21384905
$0.015 hitted, i think will be retraced to 0.013.

>> No.21385023

>>21384905
.69

>> No.21385495

>>21385015
I think it wants to retrace too, anon. But with all the shills here and people fomoing, it might push the price a little bit beyond.
Eventually it's gonna retrace though, like every time every coin did, except for link. That thing just keep pumping from nowhere.
I really don't know. I'm too scared to sell.

>> No.21385524

>literally bought in more before takeoff
AYOOO

>> No.21385594
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21385594

I SOLD ALL MY RSR FOR STATERA YESTERDAY NOOOOOO

>> No.21385729

>>21381921
Just a friendly reminder that the big investors which were backing this project pulled out last week. Also some data leaked. Some hackers got into Cathleen's personal computer and pulled loads of emails she had sent to Nevin. Not exactly sure what was on them, but my associate who is in tight with them was visibly worried and seemed to be really on edge about the contents. I sold my stack an hour after I found out about this, not looking good bros.

>> No.21385750

>>21385594
you're fine. Statera will probably pump to .40 - .50 during the next few days, remember the refund is coming.

RSR is pumping now but will retrace
(Believe me, I've been holding both coins since the beggining).

So, you'll have a chance to sell half your STA for RSR. Keep both. And don't do this again

>> No.21385752

>>21385729
This is my favorite fud

>> No.21385800

>>21385729
Proof or GTFO.
I also heard Carlos Slim (richest man in Mexico) and Alejandro Bulgheroni (Argentina) are now backing the project through some of their corporations.

See, it's just as easy to Shill.

>> No.21385823

>>21385729
We need some prints about your information.

>> No.21385903

Rsr can only be successful if 3rd world country governments can let them.Thats the fud.Do you think they will let rsr destroy their wheel of corrupted currencies ? They wont let their people prosper with stable currency.

>> No.21385935
File: 140 KB, 760x1024, kultur-terror-meme.png [View same] [iqdb] [saucenao] [google]
21385935

I thought RSR was aiming to be a stable coin of $1. I know they want to peg on other things besides the dollar but what would be good that could potentially raise the value past that?

>> No.21385956

>>21385729
>Just a friendly reminder that the big investors which were backing this project pulled out last week. Also some data leaked. Some hackers got into Cathleen's personal computer and pulled loads of emails she had sent to Nevin. Not exactly sure what was on them, but my associate who is in tight with them was visibly worried and seemed to be really on edge about the contents. I sold my stack an hour after I found out about this, not looking good bros.

That is both retarded and hilarious. Keep it up. You have a gift anon.

>> No.21385986

>>21384956
why are you buying at an ATH
>>21385594
Don't swing trade your real projects.

>> No.21386025

>>21385935
RSV is the stablecoin, RSR helps RSV maintain stability

>> No.21386034
File: 2.58 MB, 360x254, 1522404855246.gif [View same] [iqdb] [saucenao] [google]
21386034

>>21383334
Kek

>> No.21386035

>>21385903
corrupt governments want money, yes?
I buy RSV with spic/african currency, RSV doesn't devaluate, in the future I buy 10 kilos of beans with RSV instead of 1 kilo with devalued currency.

More money into business, more taxes for corrupt government.

Why would they want to stop it?

>> No.21386044

How can I buy this?

>> No.21386057

>>21382881
you drew this yourself lol

>> No.21386108

>>21385903
I am in Brazil right now, i can say that these governments don't have to much control over the population like in America. The poor people, most of the population is just untouchable by financial regulation laws. The same thing on Venezuela, even if Maduro forbid any type of cryptoasset, majority of the people will continue using.

>> No.21386123

>>21385800
post proof

>> No.21386136

>>21383047
didn't read, all I need to know about ripple is how faggy its fans are

>> No.21386182
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21386182

0.0155 ATH.

>> No.21386198

>>21385903
It's either that or get a U.S. (soon to be chinese) backed insurrection.

>> No.21386246

>>21383334
Lol

>> No.21386283

Anyone buying from huobi, can I trust them?

>> No.21386337
File: 199 KB, 580x343, aveabd.png [View same] [iqdb] [saucenao] [google]
21386337

>>21386123
My last name is Ayub.
DYOR

>> No.21386418

>>21386283
I bought my rsr in huobi. If you don't trust them, put the tokens in a wallet.

>> No.21387001

Funny how many people are still all in on LINK when RSR has had a presence on this board for over a year and is yet to have its big run.

>> No.21387180

Drop you junk coin daddy needs an in!!!! !!!!! !!!!

>> No.21387205
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21387205

>>21381921
New ATH, cheers lads

>>21387001
>selling LINK for any reason

>> No.21387607

congrats to gains

>> No.21387706
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21387706

>>21386044
This is the last time I’m answering this question before its listed on coinbase, google reserve right etherscan, copy the address, put it into uniswap, connect metamask to uniswap, trade ETH for RSR, wait for moon.

>> No.21387783

>>21387706
no don't buy on uniswap
gas fees ridiculous
go to MXC exchange
pretty good exchange
i'm a burger

>> No.21388001

>>21387783
desu I've never had to pay more than ~$10 for gas and my transactions have been in the range of $2000. Am I extremely lucky or are all these anons throwing hundreds of thousands around for their hundred dollar fees?