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

/biz/ - Business & Finance

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23580112 No.23580112 [Reply] [Original]

I hope you Reserved your Rights anons.

>> No.23580250

$56 when?

>> No.23580387

>>23580250
+$6 every year for 9 years.

>> No.23580414
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23580414

>>23580112
Ready to dab on all the doubters and fudders.

>> No.23580455

>>23580112
I think that evil chink cz is trying to manipulate the price, binance was a mistake, we should have pushed for more liq on uniswap

>> No.23580541

1 DOLLAR EONM

>> No.23580583

>>23580455
Binance listed before they were given extra tokens by the team, which tells me that Binance was buying in advance and wanted to get the jump on Coinbase so a listing was inevitable and completely out of the teams control. They can't stop listings even if they wanted to.

>> No.23580664
File: 1.02 MB, 1200x1200, rsr.png [View same] [iqdb] [saucenao] [google]
23580664

>>23580414

>> No.23580858

100 000 000 000

>> No.23580875

>>23580112
>still free falling
yikes

>> No.23580921

>>23580112
no, I've reserved my right for a 20x though through ZORA

listing in a few days

>>23574659
>>23574659

>> No.23580940

>>23580112
I reserved 30k rights. Is that enough to make me a rich man or does that just mean $30k :(

>> No.23581005

>>23580940
30k is a lot
2x and that's 60k
2x and that 60k turns into 120k

>> No.23581054
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23581054

>>23580112
0.03 WHEN NIGGA????

>> No.23581088

>>23581005
Can it be more than $1. Pls say yes.

>> No.23581107

>>23581088
checked, eventually yes, soon I dont think so

>> No.23581428

>>23581054
2 months ago. never again

>> No.23581481
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23581481

It takes a certain type of man to hold RSR. The type of man that cheers for the hare, but bets on the tortoise. The type of man that expects the sunshine, but prepares for the rain. The type of man that Reserves his seat, well in advance.

What type of man are you, /biz/?

>> No.23581526

>>23581088
There's no upper limit to the price. RSR is deflationary, and the amount of burned tokens is completely determined by RSV. This means that nobody has an exact figure yet, but if we take into consideration the trajectory of RSV and look at the demand in the markets for something like RSV it's not hard to make an estimated guess as to how many tokens can burn per year based on those estimations.

It wont surprise me if we see multiple billions of tokens burn in the first year assuming the price of RSR stays under $1. This assumes that the velocity + MC of RSV is high enough and the price of RSR is under $1 which means that more RSR will always be burned per each dollar of RSV being arbitraged.

If RSR is 50 cents then it takes 2 RSR to arbitrage $1 of RSV and so on. The lower the price the more RSR get used up and the higher the price the less RSR get used. As RSV MC and Velocity increase more and more RSR get burned until the price catches up. I predict there will be at least 1-2B tokens burned in the first few months and possibly 2-4B tokens burned the first year. This is based on a 1 - .5% capture of the marketcap of each country that RSV is targeting as well as the price of RSR staying under 10 cents for the first 6 months of mainnet.

7-8 countries with ~ 250b - 400b gdp and RSV captures 1% - .5%, puts it at a total MC of ~8-16B for RSV with a 2-5% velocity = ~240-480M arbitrage opportunities per year @ ~5-10 cents = ~2.4-4.8B tokens burned in 1 year give or take depending on other factors (price increase or decrease).

>> No.23581555
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23581555

>dump it

>> No.23581685

>>23581555
>thinks RSR is the stablecoin
>implying we even care about paypal when the Reserve App is the use case
what a DINGUS

>> No.23581695

>>23581555
YT retard doesn't understand RSR/RSV yet, buy signal!

>> No.23581703
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23581703

>>23580858
56 (price and your IQ)

>> No.23582826
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23582826

>>23581481

>> No.23582911
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23582911

>>23581526
based elaboration anon
capped and saved

>> No.23583093

How many RSR to make it?

>> No.23583264

>>23580387
Checked

>> No.23583980

>>23581555
old fud, got anything new?

>> No.23584034

>>23581555
PayPal is not an integrator of RSR, and neither of RSV, but that doesn't matter as RSR/RSV is an alternative. A decentralized alternative that millions of people will use nonetheless. People with no access to PayPal. Different markets entirely.

>> No.23584208

>>23583093
1m

>> No.23584298

>>23584208
Shit I got 500k. Need to buy more then.

>> No.23584493

>>23581685
>>23581695
>>23583980
>>23584034
cope

>> No.23584771

>>23584493
His rights are not ... reserved?

>> No.23584842

Can this reach 0.06$?