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/biz/ - Business & Finance


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22981840 No.22981840 [Reply] [Original]

No RSR thread? Did you bagholders all rope yourselves? Lemme say what I think: AAHAHAHAHAHAHAHAHAHAHHAHAHAHHHAHAHA.
See you at 0.002
> inb4 it's Trump

>> No.22981860

>>22981840
RSR holders are probably the lowest avg IQ out of all crypto, even surpassing XP holders in terms of sheer stupidity.

Sad really

>> No.22981880

>>22981860
I think it's a close 3way tie with XRP holders, Reservists and people who believe John McAfee.

>> No.22981908

Yupp, we got too greedy. Sold my 1 mil stack at 9700 when i heard trump got corona. Why didnt i listen and sell at the top, only got a 30 percent profit

>> No.22981920
File: 449 KB, 534x524, 1601463684021.png [View same] [iqdb] [saucenao] [google]
22981920

>>22981840
Really Stupid Retards still believing this will do an XRP run

>> No.22981940
File: 146 KB, 1076x673, DB47C372-A4F8-446B-9166-4ABCE40C0B14.jpg [View same] [iqdb] [saucenao] [google]
22981940

>>22981840
DR;NS

>> No.22982120

>>22981940
average RSR buyer

>> No.22982155

This thread is bullish.

>> No.22982325

unironically sold at .029. Will buy back at .001. I do feel sorry for the retards that just held all the way down though

>> No.22982375

>>22982325
Bought at .0288, got raped all the way to .0148 and then put it all into UNI. Got raped on that too, then lost it on another project.

>tfw my taxes will take several hours to finish

>> No.22982392

>>22981940
>tfw my stocks were up 16% over 3 days until the COOF tanked the early-hours trading

>> No.22982429

>>22981840
reserve your funds for something else. RSR is semi-based ok that's true. but not totally and their founders are not. I'd rather go with something like LOKI which will probably explode for real in the short term.

>> No.22982458

>>22982375
You should buy XRP.

>> No.22982739
File: 54 KB, 1024x606, 1601568363491.jpg [View same] [iqdb] [saucenao] [google]
22982739

>>22982375
sorry to hear

>> No.22983082

>>22982375
>buy high sell low
never change, retards
you will rope when RSR goes back to 3 cents then to 5 cents

>> No.22983654

>>22983082
stfu, plebs like you are the reason people are rekt. Alts are going to bleed for the next 3 months

>> No.22983749

I bought at .003 so still almost 3x, but yep, this is very sad. I thought I'd never sell...

Going to try and multiply my ETH on CORE and hopefully buy back a bigger stack when the market stops bleeding.

Wish me luck

>> No.22983838

>>22983654
Nostradamus over here. So where are your big shorts then, faggot?

>> No.22984051

>>22983838
i've been tethered up for almost 3 weeks now. If i listened to plebs like you i'd be rekt like you. Fact is, EVERYTHING is going to bleed for months. Even the dog on the street knew this weeks ago

>> No.22984341

>>22983749
There is simply no way you are going to get rich with RSR.

First of all, why does RSV need RSR? Why not just peg to the US dollar? Do you think Pedro in Venuzuela gives a fuck about a basket of assets. Fuck no. He just wants to buy a loaf of bread. US dollars are enough to do that, because relative to the bolivar, the USD is stable as fuck. So all Pedro needs is USDT.

The only timeline where this sees mass adoption, is in a total collapse of the USD, and then you tards will be selling your stacks to buy food - if your stacks are actually worth anything, because Theil will have exited with his 1000x long before that.

tl;dr There is no possibility of mass adoption for Reserve, it's a fucking back-of-a-napkin science-fair tier scam, loosely wrapped in a facade of social responsibility.

>> No.22984455

>>22984341
bullish

>> No.22984467

>>22984455
Im business student at Harvard and this is biggest scam I’ve ever seen in my entire life

If the price of RSV is dropping then the protocol is supposed to buy (with tokenized assets) until the price is driven back up to $1

But what happens when there is a black swan event like in March. If the value of the tokenized assets crash faster than RSV depreciates then basically all buying pressure would evaporate and it would instantly go down to zero

And this is assuming that the protocol even works, it’s possible a bug in the code could get all the collateral RSV or the vault locked in a smart contract forever

Stay far away from this one. I’d recommend PNK instead, it’s won award from the fucking European Union.

>> No.22984485

>>22984467
You said you went to Princeton last time you posted this.

>> No.22984486

>>22984341
>he thinks American dollar will still be relevant in 20 years

>> No.22984515
File: 1.43 MB, 2100x1500, 1601323481528.jpg [View same] [iqdb] [saucenao] [google]
22984515

>>22984485

>> No.22984537

>>22984515
no u

>> No.22984610

Imagine saving RSR memes just so you can make a thread to fud it.

Must be an RSR maximalist trying to drive the price down even more so he can get a bigger stack. Bullish.

>> No.22984629

>>22984467
Such weak FUD.

>> No.22984647

>>22981840
7M and increasing

>> No.22984711

>>22984467
Isn't there supposed to be something about your gay roommate in that pasta?

>> No.22984740

>>22984711
I met the Reserve Protocol Team at The Big Moose Deli once. I should have never gone. You known the saying never meet your heroes? Well this was the case. The dinner party was fun we were shooting the shit drinking and yelling out colonial memes.

Someone must have drugged my drink. I passed out and was woken up with the feeling that someone was on me. I opened my eye to see Nevin on top of me. We locked eyes and I saw Nevin "what the fuck" I said.

I threw Nevin off of me and yelled for help. The guys from the Reserve Team made a crowd and just looked at me as I yelled for help. I told everyone what Nevin did and out came Josh Furnas stumbling around while munching on a burger from the kitchen.

1
[4:48 PM]
I yelled to Josh "Nevin tried to sexually assault me!" Josh said "hmmm, here's the thing." He then proceeded to lick his fingers. Nevin then pulled my pants off and pinned me down on the cold concert floor. Nevin then pulled his too. To my shock, I saw that he was circumcised.

Nevin put me on my stomach and proceeded to open my ass checks. He began to stick his finger into my sphincter. I tried to scream but before I could Cathleen from the stuffed a Reserve Ranger t-shirt into my mouth.

I screamed on the inside due to my mouth being stuffed with the t-shirt.

>> No.22984755

>>22981840
Anybody who went into October with any coin is officially ngmi

>> No.22984768

>>22984629
Heard one of my old classmates was getting attention on 4chan. Had to see it for myself.

Let me tell you about Nevin Freeman: We went to an "alternative" high school in the Bay Area. One of those places for delinquent kids who smoked too much pot and flunked out of normal classes. Nevin was not a delinquent. He was a fucking dweeb. He had no social skills at all. People picked on him all the time and he never even realized it.

He was kind of a teacher's pet and once got some kind of sponsorship from the school to organize a small music festival at a nearby park. It was the dumbest thing I've ever seen. There were only five bands, Nevin was in two of them, and all they played was tacky outdated screamo shit. He got permission to use the school's sound system and ended up frying the whole thing because he insisted on running the cables himself.

By the end of the day there were only three people still watching. I was one of them because I felt bad for him. He came up to the mic and said "thank you for coming" in the weakest, most pathetic voice I've ever heard. I am pretty sure he was crying. Stay away from this sad idiot and his terrible ideas.

>> No.22984798

ITS OVER

RSR wasn't even stolen in the KuCoin hack, let that sink in. Waltonchain got stolen but the hacker who had access to the private key said, no, I'm not gonna take that RSR.

ITS OVER

>> No.22984824

>>22984798
It wasn't listed on kucoin, retard. You already knew that though.

>> No.22984834

>>22984824
I rarely post in RSR threads but I have to speak up: RSR is 100% a flimsy, bearish vaporcoin.

What's a vaporcoin? Well ask yourself what the fuck is RSR? Worthless. This shit token is WORTHLESS. It has literally no purpose other than to supposedly support RSV, and every onions-gargling RSR shill will tell you, oh, just wait for mainnet, bro! Mainnet! Well, "mainnet" will obviously never come. Has an RSR shill ever given you an exact date? If you look at the Biz archive, you'll see expired dates after dates. And if you point that out, they'll sage the thread to page 10 and make a fresh one. It's all coordinated in their discord.

RSR is one big scam. Get out while you can. Buyer's remorse at 3 cents (lol) has these sad faggots desperately shilling by the minute to get their crappy vaporcoin above less than HALF their all-time high.

>> No.22984840

>>22984740
>>22984768
This is kinda funny. Someone wasted his time typing all of this.

>> No.22985088

It's almost like RSR is following the ETH & BTC dump pattern. Weird

>> No.22985092

>>22984834
>Has an RSR shill ever given you an exact date?
Q1 2021

>> No.22985204

>>22981840
God I hope we go back to .002. I’d kill to double my stack

>> No.22985242

>>22985204
You wanna know something funny I find in these threads?

Each and every time, almost every bullish fool says, "this is as low as it's gonna get, better buy now!!" but it keeps going lower and lower lmfao.
You all are a sad lot of fools, I really do pity you all.

After the countless warnings and pointers other anons have given you, and you still hold on to this crap?
Literally, blows my mind.
Something I'll never understand.

>> No.22985287

>>22985242
I'll never understand why you retards flock to these threads and say the same thing over and over again. If you truly didn't care about this project you wouldn't be in these threads. Fuck off you cock sucking faggot. Go post in your Kleros court threads

>> No.22985354

>>22985287
I am in the reserve discord group. Nevin sometimes sends a recorded message out to us telling everybody to record themselves "barking like a seal who wants a fish" for a free RSR. (RSR is worth three cents right now btw). If you don't send it in promptly he bans you from the group. Once, when I had first joined, I politely declined and tried to laugh it off. You should have heard his message back to me (which he shared with everybody). “I’m not kidding. What’s wrong? You’re too rich now? You won’t bark for a free RSR?…BARK!” It was so humiliating.

>> No.22985401
File: 175 KB, 550x362, file.png [View same] [iqdb] [saucenao] [google]
22985401

>>22985287
Wife walked out on me for holding RSR. Was my turn to take kids on a day out today, decided to take them swimming. Card declined when I wanted to pay the $12 entry fee to pool as I spent all on RSR tokens. Had to go back home and kids cried to wife saying I ruined weekend again. Wife said she’s had enough of me and has walked out. Fml

>> No.22985481

>>22984341
Nice copypasta fucktard

>> No.22985519

>>22984341
>>22984467
>>22984515
>>22984740
>>22984768
>>22984798
>>22984834
>>22985242
>>22985354
>>22985401
this is what a mental illness looks like

>> No.22985521

>>22984610
Sold my stack. Not a maximalist.

>> No.22985523

>>22981860
>>22981880
unironically bullish, rsr+xrp+btc is the ultimate chadstack

>> No.22985642

Im business student at Harvard and this is biggest opportunity I’ve ever seen in my entire life.

If the price of RSV is dropping then the protocol is supposed to buy (with tokenized assets) until the price is driven back up to $1

But what happens when there is a black swan event like in March. If the value of the tokenized assets crash faster than RSV depreciates then basically all buying pressure would evaporate and it would instantly go up to 56.68$

And this is assuming that the protocol even works, it’s possible a bug in the code could get all the collateral RSV or the vault unlocked in a smart contract forever

Stay close to this one. I’d only recommend RSR it’s won award from the fucking Moose lodge.

>> No.22985731

can someone please deal with the fud that the hacker didn’t even take a single rsr from kucoin? is it really that bad?

>> No.22985740
File: 900 KB, 688x642, file.png [View same] [iqdb] [saucenao] [google]
22985740

>>22985519
no no no anon, pic related IS MENTAL ILLNESS
imagine investing in this total soiboi apple product using double faggot

>> No.22985791

>>22985740
IMAGINE TRUSTING SOME FAGGOT WHO RUBBER BANDS PHONES TO A COMPUTER WITH FUCKING THOUSANDS OF YOUR HARD EARNED DOLLARS. I KNOW I WONT.

RUBBERBANDS? ARE YOU FUCKING KIDDING ME?
WHO THE FUCK USES RUBBER BANDS?

NEVIN IS A RUBBER BAND MAN CONFIRMED

https://www.youtube.com/watch?v=xjDT3rMSQLQ
https://www.youtube.com/watch?v=xjDT3rMSQLQ
https://www.youtube.com/watch?v=xjDT3rMSQLQ
https://www.youtube.com/watch?v=xjDT3rMSQLQ

>> No.22985860

>>22985740
>>22985791

Kek this is schizo but funny as fuck. Thank you based schizo poster.

>> No.22985912

>>22985740
Fire more people, please.

>> No.22985928

>>22985731
It wasn't list on kucoin nigger

>> No.22986067

decent fud in this blessed thread, requires more tho

>> No.22986110

>>22986067
I saw Nevin Freeman at a Whole Foods in San Francisco yesterday. I told him how cool it was to meet him in person, but I didn’t want to be a douche and bother him and ask him for some free RSR or anything.

He said, “Oh, like you’re doing now?”

I was taken aback, and all I could say was “Huh?” but he kept cutting me off and going “huh? huh? huh?” and closing his hand shut in front of my face. I walked away and continued with my shopping, and I heard him chuckle as I walked off. When I came to pay for my stuff up front I saw him trying to walk out the doors with like fifteen boxed onions ice lattes in his arms without paying.

The girl at the counter was very nice about it and professional, and was like “Sir, you need to pay for those first.” At first he kept pretending to be tired and not hear her, but eventually turned back around and brought them to the counter.

When she took one of the lattes and started scanning it multiple times, he stopped her and told her to scan them each individually “to prevent any electrical infetterence,” and then turned around and winked at me. I don’t even think that’s a word. After she scanned each latte and put them in a bag and started to say the price, he kept interrupting her by yawning really loudly and asking if he could pay in RSV.

>> No.22986132
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22986132

The binance listing is a milestone that the reserve team has been working toward since the beginning of this project. My old college roommate interned with reserve this summer, apparently the binance listing was their top goal for 2020 and they believed that the project would fail without a listing, “Binance or Bust” is what they’d say. Nevin even had a shirt printed with the slogan on it. My buddy‘s internship just ended but hes still in touch with his supervisor and congratulated him today. It wasn’t taken well. Apparently the entire staff was sent home after 20 minutes of work today, Nevin is pissed and locked himself in his office after shouting at everyone. Apparently the expectation was 5 cents after the binance listing but it couldn’t even crack its ATH. If the price doesn’t concern you, the culture of that office and Nevin’s erratic behavior should. I’m happy to say I sold at the top with this one.

So glad I sold this Fartless Bean coin.

>> No.22986142

>>22981840
im a venezuelan anon, and this apps has serious bugs and nobody knows about this app, I tried it myself and it was really bad, stay away from this, cash is king here always will be.

>> No.22986153

The Reserve Protocol Project was created by Peter Thiel. Why? He wants RSV to replace the currencies of many third world nations as this would enable him to blackmail them into sending him young men to satisfy Thiel's legendary sexual perversions.

Peter Thiel raped Charlie Smith. Poor Charlie was so traumatized that he was unable to concentrate on his work and is now in a mental health facility. That's the real reason why Charlie is no longer with the Reserve team.

Giving money to a homosexual rapist is wrong! Don't buy RSR or RSV!

>> No.22986161

>>22986142
im a venezuelan as well and I refuse to use this shitty garbage app

>only mobile
>full of bugs
>the people in the chat treat you worse than big moose deli cashiers.
>you cant even exchange it from RSV to bolivares, yet they want you to mint RSV out of their shitty garbage page for basically nothing

you are delusional if you think RSR can make it while they can barely make a shitty app.

>> No.22986182

>>22986153
>nevin (a known scammer) was arrested last night Trying to board a plane to the Cayman Islands
>theil bailed on the project months ago
>100,000,000,000
>rejected by every literally university in Venezuela
>terrible app
>tranny cfo
Why buy at .01 when you can buy at 0.00000000
RSR? No thanks I’ll pass (kek)

>> No.22986337

>>22986110
I was waiting for this one. You faggots dont disappoint.

>> No.22986343

This thread is a massive buy signal. Expect a large pump by the end of the month.

>> No.22986412

>everything hits rock bottom
>poorfags keep trying to fud

lel stay poor retards

>> No.22986445
File: 9 KB, 225x225, asd.png [View same] [iqdb] [saucenao] [google]
22986445

>>22986343
enjoy the ride back to 0.002

>> No.22986471

i want to sell this shit for core but it i do it will fully recover REEE

>> No.22986509

Oh right, RSR. I had forgotten about it. I assumed everybody had sold after the venezuelan universities twitter fiasco but I see there's still some delusional bagholders left LOL

>> No.22986537

>>22986509
imagine selling before the inevitable coinbase listing that will pump it to 10 cents holy shit biz is going full retard

>> No.22986610

>>22986537
Brother, crypto is a tough game. We all lose sometimes. Take it like a man and move on to the next project.
Good luck in your future investments.

>> No.22986674

>>22986610
i bought a year ago bro, stay poor

>> No.22987249

>>22986537
if you think that you're deluded, look at REN, Coinbase listing and BOOM! nothing....

>> No.22987284

>>22986610
Bought at 0.002 if it goes back there I'll buy more lmao.
STAY ETERNALLY POOR

>> No.22987377

>>22987249
i never gave a date when rsr will be listed anon, now is not a very good time to list anything if you look at the entire market. you have to be deluded to blame 1 project in particular for something like Trump getting covid or for exchanges being investigated or hacked. the fact that these threads keep popping up for RSR in particular should make you realize these fudders are full of shit and are trying to buy lower.

ren is scheduled to be listed on normal coinbase the 7th, by that time the market will realize Trump is going to be fine and most likely win 2020 irrespective of the diagnosis since he will now be able to claim that he's immune to covid while Biden continues hiding in his basement assuming he doesn't also get sick, and we'll probably see something like Ren jump back up to 50-60 cents by the 7th if not higher and as for rsr once it gets listed it's going to pump to 10 cents minimum. selling now is probably the biggest mistake anyone could make and yet you fudders are actively encouraging newfags to sell. i hope you rot in hell

>> No.22987477
File: 18 KB, 640x153, Screenshot 2020-09-30 at 16.49.22.png [View same] [iqdb] [saucenao] [google]
22987477

>>22987377
Trump is going to lose, the dog on the street knows this. (that's if he doesn't die) You would be better to sell and double your bags in 2 months. If you listened to 'fudders' when it was .029, .025, .020, .018, .014, .01, .0085 you would have been smiling right now instead of seething

>> No.22987495

>>22987477
being a stubborn deluded bag holder will get you nowhere

>> No.22987604

>>22986674
>been holding these heavy bags for a year

lmfao. jesus christ. please just listen to us and sell. we honestly are looking out for you. the longer you hold onto this shit the worse it'll be.

>> No.22987653

>>22987477
it's cute that you believe everything you hear on the news anon. trump is basically asymptomatic. i expect a full recovery in less than 15 days. he will be tested every day until he's negative and immune.

trump will then use his newly found immunity to continue campaigning without a mask and show the world that only the highest risk people end up getting extremely sick and die from covid. this is basically a stronger version of the common cold/flu that only really kills the highly immunocompromised or those that are already at deaths door with some other preexisting condition / comorbidity.

hospitals have also inflated numbers because each case that they report gives them over $30k usd, and so they would be stupid not to blame every death possible on covid.

im willing to bet everything that trump survives and wins 2020 and i will thoroughly enjoy watching you retards seethe and cry about how you sold too early and never bought back in thinking the prices would continue to go down forever.

>> No.22987677

>>22987604
i never said i didn't take profits, i bought a year ago, that says nothing about when/if i took profits. holy shit biz fud is desperate as fuck LOL, guys the price dipped, now is the time to buy the blood why are you continuing to fabricate fud and push your luck? this is why you people will never make it

>> No.22987691

damn this isnt even worth a penny now, muh arbitrage

>> No.22987707

>>22987691
the lower the price the more rsr get burned in arbitrage my dude

>> No.22987733

>btc refuses to stay below 10500
>biz keeps fudding anyway
lel never change faggots

>> No.22987940
File: 271 KB, 1079x628, Screenshot_20190607-002856_Gallery.jpg [View same] [iqdb] [saucenao] [google]
22987940

>>22987653
Stay poor you dumb fuck. Your obese Amerifat president has a good chance of dying.

>> No.22987980

>>22987707
Yes, if mainnet ever happened. Which it won't.

>> No.22988061

>>22987940
never change biz
>>22987980
ok

>> No.22988109

What happens to RSR when the NASDAQ bubble bursts?

>> No.22988184

I just got news about Venezuelan banks will now accept and let people exchange in cash USD.

aka, not even the app is needed, enjoy the exit scam in some months.

>> No.22988233

>>22988184
>app not needed
>token not needed
>arbitrage not needed
>stable coin not needed
i just sold everything. how did i not see this coming?
Nevin Freeman is a Californian scammer.

>> No.22988252

>>22988184
source: trustmebro
>>22988233
samefagging this hard

>> No.22988484
File: 97 KB, 1024x595, 1595226788701.jpg [View same] [iqdb] [saucenao] [google]
22988484

>>22981840
YOU ALL TOLD ME THIS WAS GOING TO .10 EOY AHHHHHH I WENT ALL IN AT .03

>> No.22988644

>>22988484
Many Thank You's Sir for buy RSR bags at 3 cents.
My village can now eat for 100 years because you buy my bags.
Many moon and good luck come to you sir.

>> No.22988718

I'm thinking about buying 1mm just in case it takes off, at which point I will be filthy rich. And then I will have made some nice $$$. Else it's meh. Not a big loss. Sounds like a good idea to me desu.

>> No.22988744

>>22988718
wait for it to pump to 10 cents before you buy. then when it dips you sell at a loss. that's the biz way lel

>> No.22988940

>>22988718
My dad works for the OCC and the Bank of America and he said RSR is a scam and its going to zero. Consider that before (You) do the buy. You're about to make the worst mistake of your life, kiddo. RSR has no volume. Don't believe me? Then buy $300 worth of it and watch the price move by 10%. No one is buying this VC scam token anymore and Nevin has been arrested on pedo charges. Why do you think Peter Thiel dumped his RSR bags months ago? The whole Reserve team is going to prison.

>> No.22988999

>>22988940
>peter thiel dumps bag he doesn't yet have access to

kek

>> No.22989134

>>22988252
https://elpitazo.net/economia/banesco-anuncia-la-apertura-de-cuentas-en-dolares/

Translate it to english, dont give a shit if you loose money.

>> No.22989206

>>22989134
>if you loose
kek pajeet

>> No.22989238

>>22981840
bought today +8%
see it continue this way

>> No.22989392

>>22989134
anon, this doesn't help regular people that don't usually have access to dollars, do you even know how rsv works or it's intended purpose?

you need dollars to deposit into this account, if you bother reading you would know this.

"

rsv allows deposits in bolivars and converts it into rsv which can be converted into dollars or used from the app directly.

look at Argentina for example, they have no issues getting dollars from banks but they're limited to 10k transactions per month or something stupid, rsv is not centralized and therefore has no such limitations.

these accounts can also be closed automatically in 90 days if the person doesn't make a deposit in dollars. most people in Venezuela wont have access to dollars or have dollars readily available to make such deposits.

>"Por ahora solo se puede alimentar la cuenta desde otra en dólares."
>For now, the account can only be fed from another in dollars.
>bank can't even do what rsv does with local fiat lel

>> No.22989419
File: 285 KB, 1089x889, 1599962298963.jpg [View same] [iqdb] [saucenao] [google]
22989419

>>22984834
quality new pasta, bullish

>> No.22990099

>>22989238
-50% by eoy

>> No.22990325

>>22987940
oh NO! not my presidenterino!!

>> No.22990340

>>22990099
look at those 4 * dubs tho

>> No.22990538

>>22990099
based and checked

>> No.22990870
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22990870

>>22981840
Lol. This a longterm hold, I have my stack on my Ledger. 2021-2022 you will see...for now cope and go chase your PnDs.

Kek

>> No.22991639

>>22990870
keep 500k rsr minimum for 2021-2022 for massive arbitrage gains

trade the rest if you want, but don't cry when you get priced out if you fell for retards fudding on 4chan kek


>250k arb loop
>250k cold storage

250k @ $2-3 can net you about 20-25k per year at 3-4% arb while the rest of your bag appreciates in value over time. arb loop for 2 years and then retire. or you can sell at 3 cents, your call.

>> No.22991876

>>22991639
>250k @ $2-3 can net you about 20-25k per year at 3-4% arb while the rest of your bag appreciates in value over time. arb loop for 2 years and then retire
You can retire with $50k? To the ghetto?

>> No.22991971

>>22991876
you dont understand how arbitrage works, 20-25k is for 1 year, the following year (assuming you are buying back into rsr) the price should continue to skyrocket exponentially (thus your 2nd bag appreciating in value) and when you arb 20-25k that's just the profits from arbing, you still make the 650k on top of that and can choose to keep that in rsv or move it into rsr.

500k rsr at $2-3 usd per rsr will make you a multi-millionaire if you play your cards right.

>> No.22991987

>>22981840
>>22981860
>>22981880
>>22981908
>>22981920
>>22981940
>>22982155
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>>22990340
>>22991639
>>22991876
>Total Supply 100,000,000,000 RSR

>> No.22992009
File: 64 KB, 1280x720, countanon.jpg [View same] [iqdb] [saucenao] [google]
22992009

>>22991987

>> No.22992016

>>22991971
Based. Trying to get up to a mil rn with these dips, currently at 1/10th of that. Gonna keep DCAing until December

>> No.22992053

>>22992016
a lot of anons will regret not doing exactly this. most of them still think they can fud the price back down to .003 but don't realize that there's no liquidity on exchanges right now. any small announcement can send rsr back past .03 within 1-2 days.

>> No.22992105

>>22991971
Explain to me how arbitraging will net me more than just accumulating as big a bag as I can and dumping when it hits the highs in the next bull run.

>> No.22992111

>>22992053
Besides ren and this, what are you holding? DMG is at great prices rn and they have a glowie behind them.

>> No.22992440

>>22992105
selling all at once is fine but market selling also negatively impacts the price unless you're setting sell orders and waiting for them to be filled.

with arbitrage you're not only removing sell pressure from the market rsr but you're also appreciating your holdings as rsr becomes more scarce via staking and burning.

>> No.22992506

>>22992440
So it's essentially a way for long term holders to slowly take profits? I guess that would make more sense for people who have 1M+ bags.

>> No.22992596

>>22992506
yeah like i said, just trade a bag and hold a bag, split the hold bag and arb half or all of it. a lot of people will be surprised how much rsr gets burned at these low prices and how quickly that will make the price move up as coinbase lists and people scramble to grab a bag. a year ago 1-2M was normal but now people are struggling just to get to 1M and soon 500k will seem like way too much.

I put less than $2k for my first bag and then i put another $3k during the covid dip so i got a nice bag and took some profits on the way up. nothing crazy but enough that i dont have to worry about the price. im just trying to get people to understand the project while at the same time having a laugh at these fudders since it's been almost 2 weeks of straight rsr fud threads with 1 or two exceptions.

>> No.22992651

>>22992105
>do you want your lottery ticket winnings in lump sum or in monthly payments

>> No.22992705

>>22992596
im sure they're on some discord from what i remember a while ago (1 year now) they had schloppy spamming fud all over the place. no clue what they're up to now i haven't checked up on them, but im sure 90% of the fud is them being faggots as usual. they don't understand that over-fudding has the opposite effect.

first it makes biz want to buy more because they're making it fucking obvious. and second because this project relies on people understanding and somewhat trusting the app if they start fudding the app they're just gonna end up fudding their own bags like retards and it will take longer to get mass adoption. but you know biz, they're mostly a bunch of coom brains that don't think ahead. they're just looking out for what they think is their own best interest in the immediate moment. they don't care about the future of any project they want to fud. soon as you get a bunch of shitskins in venezuela to fall for your fud there goes your bag.

>> No.22992739

>>22992651
except fiat depreciates over time while rsr will appreciate over time. not really a fair comparison but i get the skepticism. it's all good, im sure a lot of biz coom brains will dump and then regret it, ill be here ready to laugh at them as they blow their loads too fast.

>> No.22992845

>>22992705
>and second because this project relies on people understanding

this, i usually FUD as a form of low effort research if i don't understand a certain aspect of the project and the counterFUD just makes me understand it better. unless its blatantly obvious that its a scam, usually shit tier FUD is indicative of a buy signal. look at link for the past 3 years

>> No.22992860

>>22992596
You might be right, in the initial frenzy a lot might get burned. I regularly fud this coin lmao but to be fair I fud all of my bags for fun. Generally if a project's bagholders are shitting on their own coin a lot it has some promise.

>>22992651
If we have a bull run next year like 2017 and this performs similarly to Ripple then yea, it's better to take the lump sum and buy back in after the crash.

>> No.22992888

>>22989392
dont you get it do you, pedro dont give a fuck about your cryptocoin, pedro just want to put his dollars into an account so it doesnt get fucked by inflation, pedro now can do it by just giving it to banks without any internet or anything, and can withdraw it in USD, everything in USD, real actual fucking money, not some shitcoin, pedro dont give a fuck about RSV, he even never heard about that shit and probably never will

>app not needed.

>> No.22992998

I've lost so much money on this

>> No.22993033

>>22992888
of course the app is not needed to trade into usd, no one said you need the app (any app), the app just makes it convenient and safe. especially in a country that will fucking kidnap you if you're flaunting too much cash around.

it's this kind of hardcore autism that ultimately hurts good projects like this. "hurr pedro just wants usd", yeah no shit sherlock, rsv is an intermediary app that allows "pedro" to buy using bolivars via paypal and zelle without having to get cash on hand. scroll up, even the most recent bank that's going to accept usd deposits needs people to deposit in usd, there's no good way to exchange bolivars for usd without being face-to-face with a money trader and that becomes risky for normal people to do in a shithole like venezuela that's why the demand for the app is actually extremely high. high enough that they can't even let everyone join at once.

>> No.22993039

has the 4 billion 'liquidity' tokens been sent to the exchanges yet? is so can someone show me the transactions?

>> No.22993068

>>22992998
its crypto. shit goes up and down faster than you can sell, don't worry about it and just unironically hold. or you can sell to me i'll buy your cheap bags

>> No.22993083

>>22993039
those are coinbase tokens. they are literally going to hold them for coinbase listing and this means coinbase listing is very close. much closer than fudders want you to know. coinbase had to alert them about the potential listing because they knew the tokens would take about 30 days to be available and that's why binance jumped the gun so they could be one step ahead of coinbase because they're a scummy exchange.

>> No.22993144

>>22993083
no coinbase before mainnet though?

>> No.22993197

Theyre 5 maybe 7 countries that matter. And Nevimbuttface is forcing them to focus on countries with no fucking money...

>> No.22993246

>>22993144
it depends on what you consider mainnet anon. rsr considers mainnet to be the moment where you can exchange rsr for rsv through the arbitrage protocol. that' protocol is ready for launch any day but whats the point if there's still work to be done on the app for rsv itself? there's a misconception that coinbase will only launch a "mainnet" project but look at orchid and omg network. one was a vpn app and the other was a layer 2 solution project and both were listed before the official "mainnet" launched. so i don't know, they could wait it out or they could list rsr first then rsv, or the other way around.

what i do know is that rsv on ramping capabilities are very good news for exchanges, all exchanges not just coinbase, since people will be able to on-ramp from various countries that can't usually access the exchanges due to regulations but with a vpn and an rsv wallet they can on-ramp to any exchange from anywhere in the world.

you could ask, "well, can't they do that now with tether?" and the answer would be "no", because in order to get tether in the first place you have to have access to the exchanges whereas with rsv the app itself accepts paypal and zelle deposits and acts like a pseudo-exchange/local btc app.

>> No.22993290

>>22993197
You are a retard, digital money transfers in Africa are a huge market. Remittances in both Africa and Latin America are also multi-billion dollar markets. No one in crypto is targeting them right now. It's a smart business model.

>> No.22993315

https://epvenezuela.com/lo-que-debe-saber-sobre-la-cuenta-en-dolares-en-banesco/

'This Thursday, October 1, it was known that the option to open an account in dollars at Banesco is available.'

>Reserve not needed anymore

>> No.22993377

>>22993197
it's not about "country with or without money" it's about demand, sure they can launch in the US or EU but what would be the point? these places can already on-ramp just fine into exchanges and have zero worries about inflation/hyperinflation or exchanging fiat between some shitfiat and usd. they are targeting a niche market and creating a userbase that will become the "base" for the app. this base will be the main customers that will want to on-ramp and escape inflated fiats and instead use something that works like a dollar, rsv for them will just be $1 and as long as they can guarantee that 1 rsv is interchangeable for $1 usd any time the customers want it that's all they care about. rsr will help keep rsv within that $1 peg so that at any point you can use rsv to buy things as though you're using digital dollars. this is something that most of these shithole countries really need and have a high demand for but no one can really provide it yet at any reasonable exchange rate that doesn't make them lose large sums of money in the process. if rsv can do it for them at pennies on the dollar they will beat the rest of the competitors and corner the market.

>> No.22993380

>>22993033
Pedro can get usd cash and they can make USD wiretransafer now, token not needed, USD is the real stable coin and nobody will give a shit about this project in the future, you really thought your small tech company was going to take an entire economy, without the government or the banks fucking you over? lmao.

>> No.22993393

>>22993315
read the article before you comment anon, they don't accept bolivars (local fiat) they only accept dollars.

>> No.22993437

>>22993380
this is wrong, they can't get usd for bolivars and probably wont ever be able to because they have to go through an exchange rate that wont make it profitable for the bank. maybe they'll do what Argentina does and limit the amount of dollars you can purchase with local fiat, that's a possibility but rsv app has no such limits.

>> No.22993575

>>22993437
Pedro dont care about limits, he just needs 20$ to eat and there is already a better app for exchange which is AirTM. Which also you can trade easily bolivares to USD cash quite easily there.

Seems like paid shills by the reserve team that are on damage control, that the little ship is sinking.

Desperate for shilling

>> No.22993597

>>22993437
will you ignore my digits? >>22992111

>> No.22993600

>>22993246
quality frenpost, thanks

>> No.22993723

>>22993597
im not holding any ren but im considering getting some since it hasn't really pumped from the coinbase news. i think it can do 2-3x around or before the 7th, i own some ada as well that should see some nice gains in the coming weeks.

>> No.22993763

>>22993600
thanks i hope it gives some insight into my thinking on the listing, but it's hard to know any of this for sure. i just know i wouldn't sell any significant amount of rsr until after coinbase and even then i would strongly recommend holding 500k for arbitrage after mainnet.

i know some will suggest mainnet will create a "dump" but im skeptical that it will, i think the 100b supply and the vc dump fud is just that. vc don't give three fucks about market dumping when they can get free money and keep the same % of the supply forever.

>> No.22993785

>>22993723
Based fren. Make sure your ducks are in a row (link) and at least 5k DMG which is easy to get at these prices.

>> No.22993828

>>22993763
>pro-rata arbitrage
>only arb the % of rsr that's being burned and keep the same percent of the total supply that you currently own. as rsr burns you arb 2-3% of your rsr and still maintain your total percent ownership as the MC goes up. think ampl but not as scammy.

>> No.22993874

>>22993763
>keep the same % of the supply
I've heard this before on the AMA. How is it possible to keep the same percentage of the supply while arbing? Is this buy burning the same amount and buying it back after switching to RSV?

>> No.22993877

>>22993785
will do my best, Trump covid was kind the biggest curve ball but it's gonna be a fun October. i still predict a lot of green, markets are already about to start recovering. we reached peak fud the last few days and rsr hit like a 3-4x bottom and wouldn't budge. super bullish all things considered. looks like all the weak hands sold and "derisked" lel

>> No.22993996

>>22993874
pretty much, instead of going balls deep with arbitrage trying to capture every single arbitrage opportunity you just participate in the same set percentage per month/year of the burn rate so that as rsr gets burned you always keep the same amount (percent).

>> No.22994039

>>22993996
>>22993874
What Is Pro Rata?

Pro rata is a Latin term used to describe a proportionate allocation. It essentially translates to "in proportion," which means a process where whatever is being allocated will be distributed in equal portions.

If something is given out to people on a pro rata basis, it means assigning an amount to one person according to their share of the whole. While a pro rata calculation can be used to determine the appropriate portions of any given whole, it is often used in business finance.

>> No.22994154

>>22991987
based

>> No.22994542
File: 46 KB, 600x662, 1596400675329.jpg [View same] [iqdb] [saucenao] [google]
22994542

deluded rsr holders are basing their whole shit on Coinbase listing

WaIt UnTiL wE GeT On cOiNbAsE We wIlL gO To tEn cEnT!

take a look at REN - COINBASE listing and it pumped 15% and REN is not a vaporware ERC-20 placeholder token

>> No.22994608

>>22982155
Checked. Just pushed my stack over 660k. Buying to 0.03.

>> No.22994717

>>22992998
Because you’re a newfag subhuman that fomoed at the top

>> No.22994761

Tfw biz finally turned on RSR.

YEEEAAAHHHHH

>> No.22994958

>>22994542
don't get too smug anon

>> No.22995501

>>22981840
as if the whole market isnt shitting the bed.

>> No.22995504

Another dump incoming. Don't tell me I didn't warn you.

>> No.22996676

>>22991987
based 100 billion fartless token poster that shows up to every RSR thread.