/biz/ - Business & Finance

Im finance student at Harvard and this is seriously the 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.

If you understand the potential of this and aren’t holding at least 100k you’re basically retarded

A simple question for you biz, what will it be worth by the end of 2021?

anyone buying this is a literal retard. seriously. i read the whitepaper. i talked to the devs. i did HOURS of research. i saw the huge amount of tokens (worst part), I joined the telegram and did all sorts of meme joking with the RSR investors. Guess what my conclusion came to? it's absolute vapourware with no potential. this shitcoin will crab between 1 and 2c for the next year, and finally when the tokens are released, it will drop to practically 0. seriously, i have never seen such useless tokenconomics in my entire life. this is a huge red flag. stay the hell away if u care about ur future and money

Is 25k enough to make it?

anyone buying this is a literal retard. seriously. i read the whitepaper. i talked to the devs. i did HOURS of research. i saw the huge amount of tokens (worst part), I joined the telegram and did all sorts of meme joking with the RSR investors. Guess what my conclusion came to? it's absolute vapourware with no potential. this shitcoin will crab between 1 and 2c for the next year, and finally when the tokens are released, it will drop to practically 0. seriously, i have never seen such useless tokenconomics in my entire life. this is a huge red flag. stay the hell away if u care about ur future and money

Give me the case for this. Should I buy this piece of shit or naw?

I’m scared bros.

I'm officially financially ruined

Aaaaaaahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

A simple question for you biz, what will it be worth by the end of 2021?

>>22094385
Because I'm all in the better token ;)

RSV will take over soon enough

The exchange listing were a milestone that the Reserve team had 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 he's 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 yesterday, Nevin is pissed and locked himself in his office after shouting at everyone. Apparently the expectation was 5 cents after the Binance's RSRUSDT listing went live but it couldn’t even crack its ATH and it's actually down now. The team has blown through most of their funds and was counting on a price surge to refuel for the next phase of development. 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.

just bought 200k RSR. not gonna look at the price until next year. will i make it?

Get back down! I need to buy moooooooooooore!

Yeah I'm thinking we're back...

>>21841581
>Ahem

So... if an authoritarian inflationary country bans their app, could people still buy RSV using a VPN? If so, would RSV be treated as Monero?

Why do people not buy a crypto that is actually designed to 100x? People were told HEX was designed to moon and it did. Why don't people listen?

Will this moon?

RSR

>Only currently 6 billion of 100 billion on the market
>2.8 billion dropping for exchanges
>Once mainnet is out, the devs will drop 25 billion into the market
>Once mainnet is out, seed investments are unlocked and they're all free to sell
>Seed investors got RSR at 0.004
>Once mainnet drops the team can then sell

Are countries really going to let RSR replace their current money systems that they can't control? There's also the fact there's real competition for this space.

There's money to be made but only before mainnet drops.

: )

>>21529401
once it crashes to 9cents, you should try to catch the train

i am dumping 1000 rsr tonight get out while u can