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File: 3 KB, 300x300, 5cd4ead690d2de5d99a7d5d7_RSV-stamp-black.png [View same] [iqdb] [saucenao] [google]
24510847 No.24510847 [Reply] [Original]

RSR bros report in... I'm worried with the new regulation announcement. Are we fucked?

>> No.24510926

>>24510847
post link asshat

>> No.24510931

>>24510847
A third of rsv support is usdt so that will be a problem, might speed up mainnet. As far as actual usage the US was one of the last places they had planned, it's all south america, mid east and eastern europe.

>> No.24510983

>>24510931
Honestly this is it

>> No.24511101

>>24510931
Bullish

>> No.24511158

>>24510926
https://pastebin.com/36DqKzDj

I was also thinking this could be interpreted as bullish. Depending on the diction of the bill, RSV could be exempt as it is backed by other stablecoins, rather than being backed by actual fiat. Doubtful on this though.

>> No.24512479

>>24511158
If you’re a burger it is literally illegal for you to own RSR... when the coonbase listing happens you’ll be penalized 33% tax when you try to swap for ETH or BTC

>> No.24512515

>>24510847
>Are we fucked?
yes.
due to how regs are written, only ampl is going to make it as a decentralized stablecoin.

>> No.24512566
File: 73 KB, 653x653, 1591306782057.jpg [View same] [iqdb] [saucenao] [google]
24512566

>>24510847
HOLD THE BAGS. NOT ONE COIN CEDED!

>> No.24512586

Hope not ... holding 888K

>> No.24512651

>>24512479
Illegal? I have RSR in my coinbase wallet

>> No.24512754

It's a nothing burger, if passed it'll just fuck with the zucc.

>> No.24512809

>>24510931
>eastern europe
what? all countries that i know of in eastern europe have stable currencies, why would they care? it's not like they can't just hold USD either

>> No.24513068

acts of congress get proposed all the time. to become law this needs to go through committee, pass the House and Senate, and be signed into law by the President. no telling what changes will be made if it even makes it that far which is a BIG if. also no telling if this is bullish, bearish or neutral for RSV even in its current state.

final analysis: nothingburger at the moment

>> No.24513437

It's only fiat backed stablecoins RSV is asset backed.

>> No.24513609

>>24512651
How is that even possible when Coinbase does not list it?

>> No.24513740
File: 48 KB, 636x900, 2nyiwd.jpg [View same] [iqdb] [saucenao] [google]
24513740

>RSV illegal in the US now
>App still has less than 10k downloads and is buggy as hell
>App doesn't even use crypto
>Peter Thiel pulled out of the project
>Main dev was fired because Nevin is a retard and now main net release got pushed back even further

>> No.24513842

>>24513740
>peter thiel pulls out
Proof?, I can't find shit.

>> No.24513846

>>24513609
Coinbase != coinbase wallet

>> No.24513893

>>24513740
you forgot
>100 billion supply

>> No.24513941

>>24513842
It's bait, not a single thing in that post is real

>> No.24514033

>>24510847
Yeah you should sell.

>> No.24514047

>>24513893
Eh if you read the white paper it actually makes sense to have that much supply as RSR gets burned to keep RSV as $1.

What's worse is the amount of supply that's held by the investors which all gets unlocked on main net launch. Even if you still believe that this project is actually getting finished please don't be a retard and sell before or directly after main net launch, the dumps will be brutal.

>> No.24514081

>>24512479
shut the fuck up with this stupid fud you moron. coinbase custody already accepts rsr deposits FROM US citizens. you must be a fucking moron.

>> No.24514115

>>24513941
>not a single thing in that post is real
lmao just ask Charlie on twitter whether he still works there

>> No.24514267

>>24514047
burn rates are also based on an estimated velocity percent of about 2-5% of the value of rsv. people keep confusing it by thinking it's 2-5% of rsr and it's not, it's 2-5% of rsv but converted into rsr so its 2-5% of a dollar. this is important because 2-5% of a dollars worth of rsv in rsr while rsr is under $1 means that you will have more rsr burned always until after rsr breaks above $1. the incentive for holders is that this will push rsr above $1 eventually until a balance is achieved. if the velocity is higher than the estimated 2-5% (which it very well could be) then we will see even more rsr burned even faster early on. the incentive will be to hold to at least $1 bare minimum after they launch mainnet. after $1 it's anyone's guess what will happen.

>> No.24515297

>>24510847
Assuming that shit even passes, this is why they hired guys from the SEC to help them with compliance. They have said that they don't think these kinds of regulations are going to affect them.

>> No.24515323

Do you take part in baseprotocol.org? What is your opinion about it?


Read about their cooperation with Uniswap. As I get they will build liquidity pools there and have already created Cascade services with passive income solutions.

>> No.24516072

>>24515297
fact. This talk is absolutely bullish for Reserve. The geniuses at Reserve can use nearly any asset to stabilize the price and they have the intellectual firepower to navigate these types of regulations. Regulations are inevitable and will take some of the competition out of the way.

>> No.24516317

PUBLIC FUCKING SERVICE ANNOUNCEMENT: IF YOU DUD OR FALL FOR FUD YOU ARE LITERALLY TOO FUCKING STUPID TO DESERVE TO HOLD THIS COIN. FUCKING SELL FAGGOTS. SELL IT. DO IT YOU FUCKING WEAK HANDED FAGGOTS DO IT FUD AND SELL BECAUSE I WANT TWO THINGS: A DISCOUNT ON MORE, AND FOR YOU TO INEVITABLY KILL YOURSELVES. IF YOU ARE LITERALLY TOO RETARDED TO READ THE WRITING ON THE WALL WITH THIS COIN THEN FUCKING SELL. RIGHT. NOW. YOU FUCKING. FAGGOT AND GET THE FUCK OUT OF MY FUCKING WAY

>> No.24516375

>>24516317
calm down rashid
everybody invests in the wrong coin from time to time, it's ok

>> No.24516431

>>24512479
>you’ll be penalized 33% tax
No law that states this. Stop FUDing and let other anons get a chance to make it.

>> No.24516470

holy shit bros.. i hope this regulation doesn’t take rsr down with it

>> No.24516479

>>24516375
Says the moron pushing unfounded, baseless FUD with zero proof. Keep doing it, sell faggot. Sell.

>> No.24516543

>>24516479
>Sell.
Oh I already did.
I won't hold a mere ERC-20 placeholder for much longer now that all competent people left the project.

>> No.24516681

>>24516543
>all competent people left the project
Who and when? State your sources.
You also FUDed that Thiel left, provide even an inkling of proof of that. You also said "durr it's illegal in US now" do you even understand how cryptocurrency works you fucking moron? That's not going to stop anything, RSR is MEANT to be decentralized and unable to be regulated. HOW ARE YOU TOO STUPID TO UNDERSTAND THATS THE POINT? Also, it was never meant to be used in the USA. All you can do is either A) make shit up that you have absolutely no proof for or B) make it totally clear that you don't have any idea how any of this works. When morons like you FUD, the only thing you're doing it outing yourself as a retard to everyone who actually understands what is happening. Good job on that you fucking cocksucker

>> No.24516706

>>24516317
based

>> No.24516717

>>24516681
lmao calm down moonboy

>> No.24516727

>>24510847
if by fucked you mean I just bought 100,000 more

>> No.24516765

>>24516717
And exactly as I predicted, you can't back up a single thing you said. You are a fucking retard and you let everyone know.

>> No.24516829

>>24516765
lol just ask Charlies whether he still works there and why he's still listed on their website
and ask navine whether they use any crypto in their app
oh and go look at the google play store reviews and how many people downloaded it

keep dreaming moonboy, that shit is dead

>> No.24516949
File: 45 KB, 800x450, brainlettttt.jpg [View same] [iqdb] [saucenao] [google]
24516949

>>24516829
>lol just ask Charlies whether he still works there and why he's still listed on their website and ask navine whether they use any crypto in their app
W-why should I tell you? G-go ask them yourself f-f-faggot!
>oh and go look at the google play store reviews and how many people downloaded it
Wow, an unfinished project isn't widely used yet? Holy shit! Stop the presses.

Pic related: you

>> No.24516999

>>24516829
How does it feel getting shut the fuck down for being an idiot? Please tell me. I can't imagine what it's like to be so incomprehensibly stupid that you just believe made up shit with no proof

>> No.24517045

>>24516949
>W-why should I tell you? G-go ask them yourself f-f-faggot!
hahaha I guess you can't handle the truth or never researched the project you shill for free, they publicly stated everything I'm saying
but keep ignoring everything that doesn't fit your narrative that rsr is going to the moooooooooon and will make you rich

>Wow, an unfinished project isn't widely used yet? Holy shit! Stop the presses.
remember when they told everyone that the app and main net will get released in mid 2020? and then promised a release end of 2020? and then Q1 2020
yeah funny how they just said that Q1 isn't the official release date anymore

>> No.24517168

>>24517045
>they publicly stated everything I'm saying
Then why don't you have a screenshot, or a link, or any proof whatsoever? You have nothing. You go to ALL THIS TROUBLE to post over and over in this thread but it's too much effort for you to provide proof? Why? Just answer that.
>remember when they told everyone that the app and main net will get released in mid 2020? and then promised a release end of 2020? and then Q1 2020
yeah funny how they just said that Q1 isn't the official release date anymore
You're right, this is the first project in this history of the world to see a 6 month delay in release. Oh fuck, it truly is the end

>> No.24517247

>>24517168
>Why?
because I won't spoon-feed moonboys
>You're right, this is the first project in this history of the world to see a 6 month delay in release. Oh fuck, it truly is the end
cope

>> No.24517260

>>24517247
>because I won't spoon-feed moonboys
And yet here you are FUDing with all your might. GG retard. You are outed

>> No.24517326

>>24517260
yeah because it's funny af

>> No.24517339

>>24516681
>>24516949
>>24517168
>>24517260
FUDfags eternally btfo

>> No.24517381

>>24517326
You lost, moron. You've been called out. Fucking cope.

>> No.24518158

>>24510847
Sold today

>> No.24518169
File: 7 KB, 250x237, 1573074319952.jpg [View same] [iqdb] [saucenao] [google]
24518169

The assblasting that stale fudposting elicits from holders of this coin is probably my favorite part about RSR

>> No.24518236
File: 2.70 MB, 320x320, Reserved biz.gif [View same] [iqdb] [saucenao] [google]
24518236

>>24518169
This
It's free entertainment

>> No.24518293

>>24517168
>>24516999
>>24516765
>>24516681
Based. This is how you destroy fud. Newfags take note.
>>24517326
This is an example of how not to fud. This guy probably never even bought RSR, but has been lurking on these forums long enough to just know a few of the surface level attempts at fud that drift through these forums. He most certainly posts in these threads just to get a reaction out of people for his own pleasure.

>> No.24519236

>>24518293
Thanks bud

>> No.24519448

>>24519236
Well done

>> No.24520167

>>24517381
>>24516765
>>24516999
>>24516681
>>24516317
Someone cap this for all future RSR fudders to see

>> No.24520514

>>24517326
pink ID NGMI