/biz/ - Business & Finance

>>14563202
Why the fuck is this getting shilled now. I've been quietly accumulating for weeks and would like to continue to do so in peace.

>>14563212
Accumulation time is almost over by now desu. This is getting a huge momentum pressure, totally unrelated to price

Maker only has 1 million tokens in supply. RSR has 100 BILLION.

Explain to me how you're going to make money off RSR with a 100 BILLION supply. MKR is only successful because the supply is so low. The best you can hope for in five years with this shit coin is .01 cents.

>>14563202
are you coming to our party Anon?

>>14563358
It gets burned when used to buy RSV

>>14563358
>Look at the circulating supply of RSR.
>Look at the marketcap of RSR
>Look at the marketcap of Maker

Now explain to me why you still haven't bought anon.

>>14563358
>He doesn't understand the tokenomics at all

>>14563422
Forget it anon, he'll never grasp the idea

>>14563202
lmao

60% of my net worth is in RSR already. I need to free up the other 40% to go all in RSR. It's actually kind of funny how people don't realise the potential of this.

>>14563562
buy btmx from that other 40%. Thank me later.

Even if this thing doesn't experience meteoric growth in the short term, it's not like a team being sponsored by coinbase or peter thiel is going to disappear all of a sudden.
at these low prices, all it takes is a single whale to drop 100BTC on it, and take us into 2x or 3x territory.

>>14563446
The circulating supply is slightly worrying. Maker has a market cap of over 600 milion where 100% of the tokens are circulating. RSR has a market cap of 10 million where less than 4% of the tokens are circulating. If all RSR tokens were circulating today, the market cap would already be 250 million. In the white paper they also say more RSR can be minted.

>>14563709
> If all RSR tokens were circulating today, the market cap would already be 250 million.

But are they circulating? No. Are they going to be any time soon? No. Is this coin undervalued right now? Yes. Is crypto a short time speculation game? Yes. Did matic pull a x10 in 10 days? Yes. Can RSR do the same at this marketcap? You tell me...

>>14563202
<>;-)
>hint: stablecoins are the next hot shit in blockchain tech by the way

rsr tokens will be everytime burned when a transaction with rsv happen... Also a part of the supply isnt gonna be unlocked at all. The best investment opportunity right now IMHO.. This will pull up a qnt like run.

where buy

>>14564075
Huobi

>>14563709
>In the white paper they also say more RSR can be minted.
It gets 'minted' from the total supply to stabilize RSV. In other words the total supply will never exceed 100 billion. Every time RSR is used to buy RSV, the RSR will be burned.

>>14564227
If the total suplly never exceeds 100 billion, and RSR is burned, what happens when there are zero RSR tokens left?

>>14564357
You need to go back

>>14564414
Answer the question and I will.

>>14563358
newfag

>>14563202
Total supply is HIGH AS FUCK.
So the price will be inflated AS FUCK within the next few years.

I still got a bag for a couple of hundred dollars in case it takes off due to retards who only think circulating supply matters, if the total supply was 90% lower I'd 5 - 10x my current investment.

>>14564503
>>14563484
>>14563511
Explain the large supply of RSR compared to MKR. You can't because you're scammers.

I'm not sure this is such a good investment after all. Only 2-5% of RSR will be burned per year. This is from their Telegram.

>>14563800
I feel the same. I kind of think this will be a short term hold for me. I don't really know if I have faith in RSR because of how low the circulating supply is. With MKR, you know what you get.

>>14564617
You NEED to go back to your safe space ASAP

only 3.7% circulating supply xD worse then ripple and stellar combined

>>14563202
I was in the market for a new coin 2 days ago. So glad i went with zbux over this.

>>14564676
Imagine if the same amount of RSV gets bought as the current marketcap of RSR once mainnet has arrived. What do you think will happen to RSR's price? This event will get anticipated by lots of people literally any moment now. Especially once the price starts increasing rapidly this will come to great attention. Enough said.

>>14563358
Why is the volume so high when no one even knows about RSR? There's not even a subleddit for it.

Buying this token is like buying a lottery tickets that you know has the correct numbers

>>14564928
Leddit is scared because of muh total supply (priced in by now btw). You can see a few examples of how these ledditors think in this thread. These people are always too late, it's hilarious.

>>14564996
This. 1 cent eoy

Why would I buy these when coti already has a whitelabel stablecoin product on the market

>>14563202
Since you dared to make a thread, I'll give you guys a real hint of what you need to buy in order to achieve financial independence.

>>14565667
>>14565999
Thanks for the bump 'jeets! Decent thread with some good comments for once.