/biz/ - Business & Finance

>>13810778
why can't nice things ever happen to a retard like me

>>13810778
weak hands

Hahahahahahahahahah

>>13810793
STFU PAJEET STREET POOPER

If you didn’t stop loss this shit you’re retarded. I made 30% in one day and got out

>>13810778
Long term hold for sure

as always biz manages to shill the worst coins and sweep poor anons into financial loss

nothing new under the sun, learn to not trust other anons.

>>13810778
That's one deep red candle.

I hurt myself today

What a good time to buy

holy shit im glad i figured i better sell before going to sleep

bought inat 5400 usdt
this is FET all over again, thanks biz. whats your next pnd scam i can buy high sell low with?

Massive dump

>>13810793
This

weak hands are going to get BTFO

>>13810947
Did you really sell just because of that?
Maybe stop staring at the 15 min chart 24/7

>>13811077
15 minute chart literally captures the entire lifespan. Brief as it was. Some say twice as bright half as long but this was ashort, dim and retarded coin.

Pullback after a pump.

Why is biz so estrogen dominant these days?

>>13811111
Half that list is wildly incorrect.

JESUS CHRIST I am on ironically unequivocally and eternally JUSTED FUCKKKKKKK

>>13811154
Unironically***
Even my voice text JUSTs me

>>13811150
Please share your estrogen dominance experience

>>13810778
OP why you even bought at the top?

H-healthy retrace

>>13811177
Because I'm a fucking retard

>>13811191
Its h-healthy... R-r-right anon???

OOOOOOOOOOOOOOOOOOOOOOOOOHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH
SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

>>13811177
RASHEEDS TOLD ME IT'S GONNA DO A 10X

>>13810778
what a shit show.. this is going sub ieo

this is the most obvious correction... some of you really are so new to crypto lol

i just entered because im not a retarded fucking noob, learn what the word trendline means lol

Post your buy in price so we can all laugh. I’ll start 60 sats

>>13811245
47

>>13811245
40 then 62. Ill be at a loss if i sell now but FOMOers and panickers always lose. It has found support at 46. You can't expect quick gains on a volatile coin if you can't handle sudden dips as well.

Plus with any shit coin you should only invest what you utterly don't mind selling at 50% price.

59, 62, 66

If you guys want to see where the price is going, take a look at BOLT's chart

I was going to use my link gains to buy this but couldn't because chinksite doesn't allow USA.

Thank You, Murica!!

>>13811308
You keep saying this but the charts are literally nothing alike.

imagine not thinking this was a pleb shakeout. Look at the buy walls, kek

t. Sold @ 58 and bought the bottom

this is dumping to 35 sats. sell now and then buy later

>>13811209
dont use this scary wojak ever again

>>13811294
I love you anon you’re doing gods work

Out of curiosity, are you all trolling, or have you really never seen a 25% retrace to the trendline after a 100%+ day? Sorry, I’m relatively new to biz and truly can’t tell if you’re all joking lol

I won't put my 1 mil rsr back on that chink scam exchange so it's not that I care baka

>>13811398
It's pretty bullish on the market as a whole that there's clearly new money who panic when literal shitcoins drop 25% of the $50 they invested.

>>13811245
40 sats
the entire intent is to collect profit once it's hosted on other exchanges
IEO is on Huobi and the coin is out for 2 days
bought some more after this dip

Hope you bought the bottom
Because you didn't sell the bottom, did you?

>>13811432
AAAAAAHHHHHHHH BOUGHT AT 65, SOLD AT 45.

>>13811409
it's a meme, no one's panicking

>>13811432
lol you know some people sold the bottom and bought the top
I'm liking the FUD on this coin lol

>>13811442
Oh ok, I thought y’all were actually freaking out over a healthy retrace, I’m new here

>>13811398
Actually, I'm trolling and I didn't even buy any RSR at all. I'd like to imagine that this truly got a 10x potential and if so pretty happy with dump

>>13811111
Checked. Absolutely

>>13811478
Ahh ok that makes a bit more sense, like, I was literally waiting for the mid 40s all day, didn’t think it made much sense for people to melt over a pretty obvious retrace lol

>>13811439
never change

100,000,000,000 billion coin supply x current price: 0.00454 USD
= $454,000,000 marketcap

seed round: $0.0004/RSR (usd) - already 11x
private round - already 2-3x

>>13811498
What’s lol mean? I think you meant to say kek

>>13811527
Seed round price doesn’t mean shit right now. Those tokens are locked up for a while buddy

>>13811527
and that kinda sucks

>>13811527
dude you literally havent done any research into the over year long vesting lockup period, at all lol

Thank god, I needed this RSR correction for entry. It's POSSIBLE we could see 42-43 sats but not taking the risk, in at 46.... see yall at 90

>>13810778
Retards who didn't calculate the total supply to get the actual market cap.
Only looked at coingecko and thought that was the real market cap.

The market cap for this coin was fucking $320M when I checked.
I liked the idea, but not at that fucking valuation, no thanks!

lads

>>13811733
wrong. seed investors can't sell until 2020.

>>13811733
wait... you use total supply to calculate marketcap? Seek professional mental help lol

>surely we won't get CHINKED this time

>>13811409

YES! I invested 130$... and now, THATS 105$! :(:(. I don't like losing money -_-

>>13811963
>he doesn't have 1million tokens

I am financially ruined.

YES IM IN FUCK YESS. We can now moon.

>>13812027
> "he bought?"

come one guys, does nobody use stop loss anymore? if you're riding a coin that you don't want to baghold forever, why would you not set a stop loss while you're still in profit? this shit happens to a new coin every god damn week. how can you still let this kind of dump catch you by surprise? fool me once....

>>13811963
Big whoop, you lost a few dollars but can make 1k

>>13811733

>>13812128
That cope. You also bought FET, didn't you anon?

>>13812256
Nope, but I made gains on Matic :)

>>13810778
i told you brainlets yesterday it would dump hard when we triple-topped , the volume was drying up to 2% of ATH and the sell walls got huge. i got laughed at, now i am the one laughing at you pajeets. low iq faggots, i am trading the markets since 2014 you retards pay the FOMO price this might dump back to below IEO before it pumps

IM FUCKING JUSTED!!! GODDAMMITTTTT AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>13812314
So your id kinda matches your skin color. Enjoy your lottery ticket gains pajeet. even normies found out that holding shitcoins after the initial pump in q3 2019 is a waste of time and money.

>>13812386
what resources do I need to consume in order to not be a pleb
teach me senpai

>>13811868
he is right. you are the fuckwit if you think it doesn't matter that 95% of supply are still to be unlocked. this kind of token model is fucking retarded and as greedy as that failed cash grab DAG project from Cali called Constellation

>>13812396
>So your id kinda matches your skin color.
Think of something better next time you post, I'll just sit here with my gains

>>13812421
just stick around long enough and trade shitcoins for a living for a while and you start to see obvious patterns, i'd love to teach you my ways but it's mostly experience, common sense and being able gauge market sentiment shifts and emotions. be willing to miss a few coins, it's better to miss a few trades than getting rekt by FOMO, be careful with projects where VCs start with a 10x to dump on you before it's even listed. risk management is everything.

>>13810778
>sees some bizfag spamming his bags that already pumped 30+%
>actually buys
woo lad you deserve poverty

>>13810778
What is the total supply in circulation?
1 billion (1% of total) tokens were sold during a recent private sale. These tokens have not been released yet. 25% will be unlocked, and 75% will vest over three months. They will be released to the purchaser prior to the Huobi Prime offering.

All seed investor, partner, team, and advisor tokens are locked until mainnet launch (anticipated to occur in 2020).

3% of tokens will be sold in the Huobi Prime offering, and be subject to no vesting schedule.

>3% of tokens will be sold in the Huobi Prime offering, and be subject to no vesting schedule.
Huobi prime buyers were just cleared to sell
they took profits after pumping it up

https://reserve.org/blog/reserve-faq

>>13812556
By listing the Reserve Rights token (RSR) on the Huobi Prime platform, Reserve is offering non-U.S. Huobi Global users and Huobi Korea users the opportunity to buy RSR before it is released on the open market. U.S. citizens and those located in the U.S. (collectively, “U.S. people”) are not allowed to participate in the Prime offering on Huobi. Prime participants are prohibited from selling RSR to U.S. people or acquire RSR for the benefit of U.S. people indefinitely.

RSR is a temporary placeholder ERC-20 token used to keep the Reserve stablecoin (RSV) anchored to its target price of $1.00 and vote on governance proposals. RSR is crucial to the Reserve ecosystem because it helps recapitalize the network if the value of vault collateral decreases below a target ratio. This asset also offers Prime participants the opportunity to purchase newly minted RSV tokens and profit from arbitrage opportunities.

time to buy biznogs

>>13812633
The key benefit to holding RSR is that it enables participants to profit through arbitrage opportunities whenever the value of RSV is trading above $1.00 on exchanges. Arbitrage is defined as the simultaneous buying and selling of an asset in different markets in order to take advantage of price discrepancies. The same principle applies to decentralized ecosystems and has been driving much of the trading volume in stablecoin markets.

From a crypto-arbitrageur’s perspective, Prime participants could be in an advantageous position, as they will be able to acquire RSR at the offering price. Should the price of RSR increase prior to the launch of the Reserve Protocol, the entry fee for participating in arbitrage opportunities would be less than if they acquired the RSR on the open market post-launch.

Here is a brief overview of how RSR arbitrage trading works: When RSV is trading above $1.00 on exchanges, any excess RSV tokens in this pool can be purchased from the Reserve smart contract by RSR holders exclusively for $1.00 worth of RSR. Once the purchase is made, RSR tokens are burned.

For example, say RSV was trading at $1.02. In this scenario, participants could buy $1.00 worth of RSR on an exchange. If there is excess RSV in the Reserve vault, RSR holders could then use the $1.00 worth of RSR to purchase the stablecoin through Reserve’s smart contract. Once in possession of RSV, these token holders could go back to an exchange and sell the RSV at market price, making a profit of two cents per token.

It follows that Prime participants, who acquire the RSR token at the offering price, will be able to maximize the value-capture of these arbitrage opportunities, assuming the price of RSR increases. However, should the price of RSR decrease between the Prime and launch of the protocol, token holders will be in a worse position than if they bought the RSR on the open market post-launch.

>>13812656
>>13812633
>>13812556
What long winded and useless FUD.

>>13812450
I'll grant you this one, pajeet. Enjoy your winnings, but Reddit is a morefitting place for your shilling

>>13810778
RSR gonna pump within 24 hours. Cap this you apes

>>13812826
>What long winded and useless FUD.
>thinking those posts were fud
anon i...
https://reserve.org/blog/reserve-faq

>>13812948
no need to cap it, it's common sense; can't believe how impatient and delusional all the <40sat sellers were hahaha...ah well, more gains for me!

>>13812948
>>13813036
elaborate, faggots. What's the source of your certainty that this shitcoin will pump in thje next 24h instead of when launched on other exhchanges ? Riddle me this, niggers

>>13813111
direct competitor to maker dao/btc/tether, backing of peter thiel/coinbase venture/sam altman, us being in a bull market, 20m cap

stay poor you fucking faggot

>>13813036
Yeah a 100% pump now leaves us where it was yesterday!

>>13813133
>direct competitor to maker dao/btc/tether
Tether, yes. Maker, maybe. BTC fuck no
>backing of peter thiel/coinbase venture/sam altman
C'mon goy
>us being in a bull market
Arguable
>20m cap
I've been fucked by enough fake volumes to just buy your bags pajeet

Bought a small stack. Upside potential is too large to ignore and the FUD is weak

>>13813432
Same here. this is gonna be glorious when the whales are done

>>13810778
just bought more for 39 SATS

>>13813354
investors all have a price tag faggots. if you give roger aka bitcoin jesus a few million USD he will promote the fuck out of your shitcoin. can't remember the name but he sold his name to a crypto loans scam ICO. i assume thiel and the other literal fags are similar. if they get a nice share, they sell their name.

Be honest did I get fucking scammed? -35% what the fuck

>>13813607
Buying an IEO that was just listed two days ago is a huge risk and gamble
Potential gains are enormous
Potential losses are astounding
It’s why I only hold 500,000 RSR, in the long term this looks like a good project
But I’m not under any delusion that it couldn’t drop further
This is a buy and hold for a while at least until it gets listed on cmc and traded on other exchanges besides Huobi
Americans can’t even buy without a VPN at the moment.

that said, if you can't stomach the losses you can sell

>>13813545
>comparing roger ver to thiel
Thiel supported Vitalik in creating Ethereum, they're not comparable

>>13813649
It was just listed on cmc an hour ago

>>13813736
https://coinmarketcap.com/currencies/reserve-rights/

>>13813810
I hope it continues to dump till next week

>>13813841
let's see, it's too early to tell what is a good buy-in price
I got in at 40 sats so we'll see

Look at top network huobis first ieo to see where this is going. No binance or other big exchanges soon either

Stop-loss triggered at 55 sats. Made 25 % profit.

Feels good man.

>>13810844
This is the correct answer. People looking to /makeit/ on obvious PnDs are fucking idiots. Make a good profit like 20-30% and bail or set a stop loss before you get caught.

>>13813987
How do you even set a stop loss at huobi?

>>13813649
they all the same anon. this isn't a charity contest don't delude yourself

>>13814094
Stop-limit is right next to limit and market orders in their UI. I use hbg.

>>13814094
wtf does the label "stop-limit" button you dont understand?

AHHHHHHHHHHHHHHHHHHHH JUST CHECKED AND ONLY 6% IS CIRCULATING!!!!! REEEEEEEEEEEEEEEEE FUCK YOU BIZ

Lol this can easily go down to 5 sats.

>>13814274
Giving it 40 mil valuation.

>>13811110
Brainlet did no research and is talking about the quality of the coin based off charts when the coin is only a few days old. Stfu you have no idea what you are talking about.

>>13811224
You gave it only a fucking day

>>13814353
cope??

melting over a coin thats been out for 1 day is priceless

>>13812386
>>13812447
>>13812526
>>13813545
>>13814145
>>13814384
this based anon is accumulating heavily just like me, but he took the time and sat here for almost 3 fucking hours, trying to convince people of selling into our buy orders. you're doing god's work

>>13815204
lmao I was thinking the same like damn im sure some of these biztards are going to fall for it and sell, sure enough my buy order got filled and im already up. Based anon thank you.

>>13815974
Confirmed. Hard mode FUDding all the way down

OMG WE ARE RECOVERING!!!!

where have all the know it all's gone?

>>13816406
the absolute state of /biz topkek

>>13815204
you're gonna sell it to me at the bottom

>>13816851
everyonevcwho thinks we wont dump to 20 sats eventually isdeluded as hell

BUYBUYBUY

>>13816851
>>13816900
no need to keep up the act, everyone can with a brain cell can see that it's already undervalued as fuck with 20 million$ market cap, i can assure you it's not going to reach 10 million

I'm up to 500k rsr now...Glad it dropped. Everything will be fine, feeling good. Everyone needs to chill out. Peter Thiel, Coinbase, and Y combinatorial backed this for a reason. When it gets listed on binance/coinbase you'll be laughing your way to the bank

>>13815204
lol
>shhhh
https://cointelegraph.com/news/coinbase-backed-stablecoin-startup-reserve-to-launch-venmo-style-app-in-venezuela/amp?__twitter_impression=true

>>13813987
So is a stop loss just a price that you set and your shares are sold for when it reaches that price automatically?

"Reserve also reported that it has landed a partnership in Angola with 7Mobile Africa — reportedly the largest mobile importer in the country — to pre-load the app on all its shipped smartphones."

You anons are panic selling and dumping this for 20-30%? Backed by some of the largest entities in Silicon Valley? This is s long term hodl, non another flavor of the week shitecoin lads

>>13818144
Also,

"Per the press release, the project’s stablecoin app — to be launched for Android users via Google Play “in the coming weeks” — will enable people and businesses to switch back and forth from their local fiat currency to the firm’s stablecoin, the Reserve Dollar (RSD). According to the announcement, RSD is a decentralized, United States dollar-pegged cryptocurrency."

You will be able to buy RSR on that app too.

>>13818144
Doing business with africa is as bullish as if the team said they all used CRISPR to give themselves an extra chromosome 21.

>>13818144
I can't blame them honestly, a lot of projects just fucking die or change, at least you can get some cash out of riding a pump.
I don't plan on panic selling because I didn't put in that much to begin with plus it's not even on any big exchanges yet

>>13818171
https://qz.com/africa/1522126/african-economies-to-watch-in-2019-and-looming-debt/

'If you leave out the big two and Angola, aggregate growth for Sub Saharan Africa rises to 5.7% for 2019. About half of the world’s fastest-growing economies will be located on the continent, with 20 economies expanding at an average rate of 5% or higher over the next five years, faster than the 3.6% rate for the global economy,'

Try to sound a little less retarded next time.

>>13818171
Africa + Venuzuela = adoption...Even if it is third world countries, it's still more usefulness then what is coming out of these bullshit vaporware projects that take years for anything close to being useful.

people in 3rd world shitholes are buying stable coins to store value, not bitcoin (because it's volitile). that's why i went all in reserve. this will be THE stable coin. that's why all the big names are backing it

Are there any other stable coins aggressively marketing themselves to third world countries? Seems like most stable coins are geared towards traders to protect themselves against volatility

>>13816406
>where have all the know it all's gone?
fuckin wut!?

how many to make it?

>>13817268
no it's not. i am waiting for the double-top and the next dump. look at the chart and tell me this is going up - you can't. or you are a turbobrainlet.