/biz/ - Business & Finance

NEW ATH
>NEW ATH
NEW ATH
>NEW ATH
NEW ATH
>NEW ATH

>>25806613
RSR is a good call but make sure you get at least 100k

>>24929929
My friend works at a wealth management firm in San Francisco. I asked him to look over the white paper so I would know if they were being honest about the tokenomics. He told me that this is the most idiotic idea he's ever seen for a stablecoin, that the team clearly has no idea how they will back the currency with real world assets and that this is basically going to become the new Bitconnect once the bubble gets large enough. The biggest cause for concern according to him was their intention to use not only foreign fiat but also alternative assets for stabilization. In particular their use of vehicles like paper gold and securities is going to be very dangerous going forward. Paper commodities have been shown to be fundamentally flawed in the post-COVID world because they are even less reliable than unbacked currency and supported only by manipulative exchanges like COMEX. Securities are worth less than the paper they are printed on as well, just look at how investors have been running from all of the bonds issued by the Treasury this year. Guys like Peter Thiel and Sam Altman might have thought this was a good idea before 2020 hit us, but now it is a total disaster. I will probably ride this wave up a few more pennies because I bought in 2019 but if you are thinking about getting into this coin, just stay away. There will be nothing but losses in your future.

My friend works at a wealth management firm in San Francisco. I asked him to look over the white paper so I would know if they were being honest about the tokenomics. He told me that this is the most idiotic idea he's ever seen for a stablecoin, that the team clearly has no idea how they will back the currency with real world assets and that this is basically going to become the new Bitconnect once the bubble gets large enough. The biggest cause for concern according to him was their intention to use not only foreign fiat but also alternative assets for stabilization. In particular their use of vehicles like paper gold and securities is going to be very dangerous going forward. Paper commodities have been shown to be fundamentally flawed in the post-COVID world because they are even less reliable than unbacked currency and supported only by manipulative exchanges like COMEX. Securities are worth less than the paper they are printed on as well, just look at how investors have been running from all of the bonds issued by the Treasury this year. Guys like Peter Thiel and Sam Altman might have thought this was a good idea before 2020 hit us, but now it is a total disaster. I will probably ride this wave up a few more pennies because I bought in 2019 but if you are thinking about getting into this coin, just stay away. There will be nothing but losses in your future.

>>23547472
RSV is the answer. Arb your RSR for it.

>>23535582
brr

iykyk
kek, most of you dont know. and mostly none of you have the hands to get the gains.

t.based ranger

RSR general checking in.

Prepare for liftoff.

I finally did something right in my fucked up life

feels good anons. fees real fucking good.

>>23113871
>imagine selling before $3
lmao

I'm missing those comfy fartless bean memes

>>22738777
the key to freedom

It's not rape if you don't sell.

>>22467238

>>22276725
RSR YOU NIGGER.

>>22152661
>minimum $1 max $5

>>22037062

>$56 EOY

>>21720832
right on. RSR is a great hold. im waiting on the listings for major exchanges https://twitter.com/reserveprotocol/status/1294435025597816832

I'm a data analyst at a Fortune 500 company. I live on Zero Hedge and post here when I'm not busy. I have sifted through the Reserve (Ticker: RSR) whitepaper for the past 24 hours before consulting with a few friends of mine who work at various wealth management firms up here in the Bay Area. In order to ensure proper vigilance and attention to detail I consumed 200 mg of Adderall spaced out in a bi-hourly schedule. I also have been microdosing LSD for the past three years.

I can unequivocally say that there is absolutely promising about the RSR. It will yield some unremarkable gains compared to most other current DeFi projects at best, and completely financially ruin investors at worst. It would likely be in everyone's best interest to focus on more promising projects that are likely to result in more than a simple 5-10x within the next three years.

If you bought at any point before the large pump within the past month I suggest taking profits now and moving to something more lucrative like YFI, LINK or PNK.

>>21655833
>2013 bullrun
>2017 bullrun
>2021 gee I wonder what will happen

>>21655622
Come anon. Fix all of your problems. It’s not too late.

>$54 is a realistic price target
>check 'em

My friend works at a wealth management firm in San Francisco. I asked him to look over the white paper so I would know if they were being honest about the tokenomics. He told me that this is the most idiotic idea he's ever seen for a stablecoin, that the team clearly has no idea how they will back the currency with real world assets and that this is basically going to become the new Bitconnect once the bubble gets large enough. The biggest cause for concern according to him was their intention to use not only foreign fiat but also alternative assets for stabilization. In particular their use of vehicles like paper gold and securities is going to be very dangerous going forward. Paper commodities have been shown to be fundamentally flawed in the post-COVID world because they are even less reliable than unbacked currency and supported only by manipulative exchanges like COMEX. Securities are worth less than the paper they are printed on as well, just look at how investors have been running from all of the bonds issued by the Treasury this year. Guys like Peter Thiel and Sam Altman might have thought this was a good idea before 2020 hit us, but now it is a total disaster. I will probably ride this wave up a few more pennies because I bought in 2019 but if you are thinking about getting into this coin, just stay away. There will be nothing but losses in your future.

Engage 3rd world colonization and digital slave owning. $0.03 incoming quick.

>1M make it stack
>100K suicide stack
>10K pajeet stack
>0-10K poorfag stacklet

>>21605098
Hotbit, no kyc.