/biz/ - Business & Finance

- Peter Thiel: 42,000,000,000+ RSR
- Commander: 500,000,000+ RSR
- Hannah Barron: 100,000,000 RSR
- General: 50,000,001+ RSR
- Lieutenant General: 25,000,001-50,000,000 RSR
- Major General: 17,500,001-25,000,000 RSR
- Brigadier General: 12,500,001-17,500,000 RSR
- Colonel: 7,500,001-12,500,000 RSR
- Lieutenant Colonel: 5,000,001-7,500,000 RSR
- Major: 3,500,001-5,000,000 RSR
- Captain: 2,500,001-3,500,000 RSR
- First Lieutenant: 2,000,001-2,500,000 RSR
- Second Lieutenant: 1,500,001-2,000,000 RSR
X<><><>X<><><>X
- Sergeant Major: 1,000,001-1,500,000 RSR
- Master Sergeant: 900,001-1,000,000 RSR
- Sergeant First Class: 700,501-900,000 RSR
- Staff Sergeant: 500,001-700,500 RSR
- Sergeant: 300,501-500,000 RSR
- Corporal: 100,501-300,500 RSR
- Specialist: 50,001-100,500 RSR
- Private: 1-50,000 RSR
X<><><>X<><><>X
- Subhuman RSRlet: 0 RSR

Lieutenant checking in.

Comfy on 8.5mm. It's doesn't happen a lot that you have an opportunity to get into the next big thing at the very beginning. 10x at least in the coming time.

sergeant here, anons

>>14758981
Fuck I am so poor

Second Leut reporting in

WHAT YOU PROBABLY MISSED:

Reserve team gets invited to Davos (the most prestigious financial conference on earth) in March 2019
https://youtu.be/rb4e34btRbQ

Additionally, this is the confirmation from Reserve devs as to the burn rate of RSR:
>We estimate that about 2-5% of the USD value of the RSV in circulation will be burned in RSR per year. This comes from estimates about RSV velocity (for the transaction fees) and average collateral token appreciation rates (for thinks like tokenized treasury bills). So it's just an estimate.

>This means that if there are 100 million RSV in circulation, we estimate that about $2-5 million worth of RSR would be burned per year. If RSV grows larger, the rate would be higher, e.g. with 100 billion RSV, that would be about $2-5 billion worth of RSR burned per year.

>This is one of the subjects we are lookign forward to explaining in depth in one of our Rights-holder Update calls!

it's the bitcoin of stablecoins

>>14759089
In a month you'll be X10 times richer anon. Also the amounts on the list are crazy high. With 8.5mm I'm already in the top 100 biggest holders. We're super early. You are gonna make it. Even if you don't have a huge stack. This is like buying ripple early 2017.

comfiest hold in crypto rn

>>14759015

>>14759172
This. If there is a "gem" out there this is the one.

>>14758981
5.85M here. Scared money doesn't make money.

>>14759299
Whoops meant 4.85M. I have been thinking too much about getting that up to 5M even.

where to buy and how to store sirs? Im interested because they said they would use link so they must have a smart team

>>14759373
Huobi if you are anywhere other than the US.
IDEX if u are a burger.

>>14759373
Huobi if you are anywhere other than the US.
IDEX if u are a burger.

RSV/RSR are both ERC20 compatible.
Just store your RSR in a metamask wallet.

So what you're saying is
Mcap RSR = Mcap RSV?

>>14759428
RSV is multi collateral but RSR supports around 70% of the collateralization

>tfw private
I'm just glad to have some. I'm hoping to use this to make some nice capital for future investments. Which is a shame, because if I had more capital this would BE my future investment

Been thinking of putting my whole next month's salary into crypto. ONE or RSR please advice

Insane knowing you have the right numbers for the lottery but you don't know the date so u gotta play everyday.

hotbutt raped me for 2k RSR in fees just to pull less than 9k out. If anyone is swinging them there to idex for profit they must be dealing with absolutely huge amounts to see any.

I think coinmetro's CEO might have subtly shilled this today, he mentioned a stable coin that was doing interesting things and I can only assume it was RSR.
For those who don't know coinmetro and coinbase use the same bank, LHV bank, so if coinmetro lists RSR then that's a fast track for coinbase to list it, it's what happened with chainlink. Sure coinbase will list it eventually this could speed things up since coinmetro would be doing coinbase's work for them.

>>14758978
Mfw posting in epic bread

>>14760444
RSR
>we have our agents in Venezuela
I heard that in one of their talks
They have the same smug low key attitude as chainlink did in its early days
Just buy RSR and wait at least a year and you’ll see I’m correct
>fellas, you’re gonna want that RSR

I have 300k, thinking of getting more

>>14758978
>rsvg
Yikes
Not bullish at all

The major problem with the majority of stable coins at the moment is many of them dont have the capacity to actually scale when the crypto market cap enters into the trillions. This bullrun we're in right now will see massive adoption of stable coins as anons begin selling off into them at the ath. What the Reserve protocol manages to accomplish is the establishment of a regulatory compliant stable coin that has the ability to scale for world wide demand and a crypto market cap exceeding 100 trillion. For these reasons, and a long list of many others, smart money is in on this dark horse early, and make no mistake - marketing for Reserve will kick into high gear in Q3 and many nu-bizlets will miss this boat.

>>14761486
>What the Reserve protocol manages to accomplish is the establishment of a regulatory compliant stable coin that has the ability to scale for world wide demand and a crypto market cap exceeding 100 trillion. For these reasons, and a long list of many others, smart money is in on this dark horse early
Precisely
I’ve gone through hours of their content and read through their literature and this is the next step for crypto (scalable stable coins)
There’s a huge market for it that isn’t realized yet

>>14761486
>The major problem with the majority of stable coins at the moment is many of them dont have the capacity to actually scale when the crypto market cap enters into the trillions. This bullrun we're in right now will see massive adoption of stable coins as anons begin selling off into them at the ath. What the Reserve protocol manages to accomplish is the establishment of a regulatory compliant stable coin that has the ability to scale for world wide demand and a crypto market cap exceeding 100 trillion. For these reasons, and a long list of many others, smart money is in on this dark horse early, and make no mistake - marketing for Reserve will kick into high gear in Q3 and many nu-bizlets will miss this boat.

based & reservepilled

>>14758978
How can I buy?

>>14761673
>How can I buy?
huobi, idex or hotbit

>>14761673

>buy ETH on crypto.com app or coinbase pro with USD/EUR whatever fiat
>send ETH to your ERC20 metamask.io wallet
>go to http://idex.market click balances
>deposit ETH using 4+ more gwei than the current gas limit
>go to RSR/ETH pair
>market buy RSR
>go to balances, withdraw to your ERC20 metamask wallet
>hold for 4 years
>reverse process to sell on a centralized exchange with much higher volume
>sell your RSR into RSV
>send RSV to your metamask ERC20 wallet
>login to the Huobi DeFi
>supply the contract with RSV
>earn a passive 6% interest on your 1 million+ RSV
>profit massively
>live off of passive income and never work again

thats as detailed as im willing to get right now.
but follow that and you should never have to work again assuming you get 1MM RSR right now

PRECIATE YALL RSR HODLERS!

Nobody is concerned about this?

Bullish thread feeling comfy as a staff sergeant

>>14762508
CMC has the incorrect circulating supply listed.
The correct supply is posted in the OP but you apparently didn't read it.

>>14762508
If xrp can hit 3.80 with its huge supply RSR can at least hit 50 cents

bought a couple million, can't believe how low this is.

I'm considering to dump my -30% LIT bag and buy this... someone stop me (or don't).

>>14762508
current circulating supply of 6.47 Billion coins

>>14762725
Yeah, that completely solves the issue... wypto wuwwency.

>>14762528
>Available Supply
>6,467,951,710 / 100,000,000,000

Same thing, 3B or 6B out of 100B coins, either way there is a massive amount of unreleased tokens, that's quite scary

>>14762696
Do it but do it fast. About to surge upwards.

Ok, another stablecoin

Why, what makes it special, why this exist?

>>14762759
What makes you think so?

>>14762745
Jesus, only 6% in circulation

>>14762773
nonno he says it will be a 10$ stablecoin but its onlt 1 now, free money stablecoin xdxd 500iq coin not like chainlink dear sir do the needful and buy my bags

>>14762775
I've been following the buy orders on Idex. Get in before reddit.

>>14762745
The reason for the circulating supply as it is, and the reason that the wallets are not distributed is because it is implied (or obvious depending on how high your IQ is) that the backers behind Reserve entered into a contract with Reserve for xyz amount of RSR. They are not publicly trading or accumulating the tokens, hence the current wallets holding RSR reflects this theory in action. So, that being said, the major investors are holding very large bags and it would be absurd for these already billion dollar companies to dump their bags at anything less than a 10000x.

There is also some other shit about the supply you should read about in the whitepaper. Not spoonfeeding you anymore, I'm at the bar right now.

>>14762805
RSR isnt a stable coin, kys pajeet.

NOT PRECIATED

Stop giving attention to these reddit plebs with their millions of dumb questions they keep repeating every minute. They're also scared of the total supply, imagine that. Leave them behind, if they don't wanna put any effort in learning about it themselves they don't deserve it anyways. RSR will perform great regardless.

>>14761580
based reserver brother saw the light
>>14762823
this. brainlets of biz think that Peter thiel is in it for a pajeet like 10x P&D. Thiel turned 500k to 1B with facebook. Thats 2000x.

>>14762959
Precisely, and those bags are being held in trust by the Reserve team for the investors. They could be moved at any time, but they wont. These companies do high level trades that most anons on this board can't even begin to wrap their heads around. And RSR has some really high price targets for those who understand how this all works and is going down.

>theres a reason that Davos invited the Reserve team to present on crypto at the 2019 conference

First lieutenant here. Rank #140. Kinda mad my rank is so low. I suggest restructuring.

>>14762823
Thanks for the info. I know that 55B are reversed in a slow wallet for fundraising. That still leaves around 40B tokens held by the company, what are those used for?

Top 100 Token on CMC is a very reserved prediction.

>>14763070
Isn't it obvious who those tokens belong to at this point?

Is this on any exchanges I can access from burgerland without a VPN?

>>14763376
see this post >>14761714

IDEX is where burgers get RSR right now. That or HotBit, be be aware HotBit could literally exit scam any day now, that exchange is 100x worse than Binance, literally a wild wild west exchange, and questionably criminal. Be careful.

>>14763419
I live in MN but every time I try to trade on IDEX it tells me NY isn't allowed.

I'm so fuckin pissed. I guess I'll have to drop some BTC on a VPN.

>>14763451
HotBit is your only option then, it has literally no regulation whatsoever. Just be sure to get your RSR off the exchange as soon as you can. Also be aware that bots are trading the dog shit out of RSR on HotBit right now, just look at the order books and see for yourself.

>>14758978
How do we protect this from Reddit?

>>14763628
Yikes. Okay thanks, anon. Wish me luck.

>>14758978
i just hope a poorfag like myself can scrape together enough to buy more than the 13k rsr i have.

aiming for 50k and then im going to hold on for dear life. wish me luck boys

I have seen the ream and the whitepaper mentioning that RSR can be minted. That means no max cap and full centralised control of the supply. Are you guys ignoring that fact or have some counter-fud to it? Just starting my research, sorry in advance if the question is stupid.

>>14763658
By the time that Q4 mass marketing of Reserve kicks into overdrive, my prediction is plebbit will be buying in around that time.
It's out of our control, Reserve can't be fudded its that solid and it shills itself.
While i dont want plebbit fags making any money off of any of the legit projects that they consistently fail to discover, i also know and understand just how big Reserve is.

Its unfortunately unavoidable that they will find out soon organically.
But lets be honest tho, those fags dont collectively have enough money to move the price even $0.01

>>14763784
The devs have already said that the minting function was designed in the same way that MakerDAO has the same ability. Its essentially a kind of failsafe in the event that a whale wipes out the supply for whatever reason and things begin to malfunction and there is a need to replenish the supply to make the system optimal again. That's the correct answer to your question but of course retards will probably argue against what i just posted.

>>14763784
Total supply will never exceed 100bill. When they talk about ''minting new RSR'' they're talking about releasing the RSR the team holds via smart contracts only in certain situations where it is necessary to keep RSV stabilized.

Hello - I just got some RSR on IDEX - How do I move it off, like to MetaMask? MM doesnt recognize RSR yet.

>>14763912
it does newfren. go to your tokens on metamask, scroll to the bottom, "add token"
enter this as the contract ID: 0x8762db106b2c2a0bccb3a80d1ed41273552616e8

now your RSR is on your metamask.
just withdraw it to your mm on IDEX

>>14763912
Go to the "add token" option in MetaMask, choose the custom token tab, enter the contract address 0x8762db106b2c2a0bccb3a80d1ed41273552616e8 and the rest of the info will show up automatically (RSR, 18 decimals) then hit next and it'll be a token listed in your MM wallet.

>>14758978
Literally started buying when it was released, bought in at 47 sats unfortunately but it doesn't matter because the marketcap will be 1 billion in the medium term and 10-100 billion longer term

>>14763943
>>14763948
Thx - so next problem, how do I get this RSR off my etherscan.io address? I cant find any way to pass things off the wallet... I feel like I fucked up cuz when I got this wallet on etherscan I don't remember using authentication to assign it to me.

>>14764084
When I originally got on IDEX I did "create new wallet" which made an etherscan.io wallet address for me which is where i sent my eth, then made the transaction...

>>14764084
>>14764128
you need to read this more carefully.

>>14764128
As much as I want to, I've never used IDEX so I don't even know what you can do.

>>14764182
Literally just re-traced my steps and realized that, working on it now - thanks.

>>14764211
>14764211
Okay - I figured it all out - I just had to add that wallet to my MetaMask (forgot I saved the wallet info out when I made it.)

>>14763943
good looking out anon, i was about to ask the same thing. just put all my rsr in my MM. going to move it on to a different back-up wallet once i get 50k worth. hopefully soon

>>14764566
REALLY PRECIATE YALL RSR HODLERS!

>>14763722
What's a reasonable expectation of profit from 50k RSR in the short, medium and long term?

half mil reporting in, ima gona make it?

>>14764985
$0.25 eoy 2020
$0.80 eoy 2021
$1.20 eoy 2022
$1.55 eoy 2023
$3.40 eoy 2024
$7.77 eoy 2025

>>14764985
this
>>14765055

i will get more than 50k if possible but 50k is about what i can afford with my lack of disposable income at the moment. plus it's always good to diversify. hoping that xlm and xrp pick up a bit when bitcoin moons.

Alright I just bought 1.3 mil on IDEX

>>14765161
XRP is a glorified no use shitcoin.

Last week alone:
XRP total transactions 7/2/19: 59,000
XLM total transactions 7/2/19: 610,000

Market sell your fucking XRP, you fell for a literal kike scam.

>>14765272
I'd like to buy more without making the book jump up, will you guys sell?

>>14765272
congratulations now go read some books on "wealth management" because youre going to need the knowledge.

>>14765307
Buy slowly if you are just increasing your bag. I just bought 1M when a bot flashed a wall and the order book didn't notice it lol
I may be wrong, but have a very good feeling about Q3. Top 50 kind of feeling.

>>14765398
I was about to buy that 30 eth order then when my funds transferred it was gone, I'm guessing that was you. I'm probably going to buy ~30eth more when another order pops up

>>14765452
Yep, that was me. I saw it flashing a couple of times and was lucky at timing.
Man, in how many tokens has Coinbase invested before? Last time I got this feeling was buying HOT 1 hour after appearing at IDEX.

>>14765276
XLM is trash. I held it for over a year and used to make the daily threads for it. Half of those transactions is an Indonesian scam called diruna. Half of the accounts are too. The management tram is beyond incompetent.

How is this so undervalued where there are literal scam in the top 100, even the top 20

>>14765677
was unaware of the indonesian thing, will look into, thx.

>used as collateral to keep the RSV stable at $1,

can someone source me on RSV stablized at $1 USD? I know it's set to be stable but I haven't been able to find confirmation at which value it will be stable at. I will buy right now please help.

>>14763628
>>14763663
"The token withdrawal function will be available for our newly registered users after 24 hours of their time of registration."

Lol dammit

>>14765689
RSR has only been publicly trading for a little over a month and there hasn't been any marketing going on for it as of yet. That's the likely answer. And for yet another time /biz/ is in on the ground floor of another soon to be blue chip crypto.

>>14765730
Initially at $1. If you read between the lines, the dollar won't be stable long enough to be called stable coin.
https://reserve.org/blog/rsv-vs-rsr-a-primer

>>14765706
https://stellar.expert/explorer/public/asset/DRA-GCJKSAQECBGSLPQWAU7ME4LVQVZ6IDCNUA5NVTPPCUWZWBN5UBFMXZ53

>>14763879
Do you have a source for this? The whitepaper has only one small paragraph about it and its very unclear.

>Collateral tokens are somewhat volatile. While we may be able to select a portfoliowith minimal downside risk, the reality is that drops in the collateral tokens’ value willhappen. When this happens, the Reserve Protocol will sell newly minted Reserve Rightstokens for additional collateral tokens and add them to the backing

I only have 30k

>>14766057
If there is a financial crisis (everything drops at once), then it will be stabalized with minting as an emergency mechanism

Kek, someone just bought the 30 ETH sell wall...

We just jumped 20 in rank. Moving ahead quick now fill your bags while you can.

>>14766433
you're welcome

>>14766517
Based.

>>14766517
Thanks bud. We are going to be so rich!

>>14766517
very jealous. good luck brother! i hope to get a slice of that pie one day

>>14759323
Dutchie detected

>>14766517
High Energy

>>14766517
Based

>>14766504
Volume has almost quadrupled from yesterday in Idex.

If doubles going to upgrade my 650k to 1 mill

>>14767125
wait for a dip fren. I'm accumulating as well but Idex has a habit of running ahead with the price then getting arb'd on

17 mill here. Top 50 is imminent .. nothing but powerhouse investors in this project with sillicon valley backing them

>>14767169
This looks primed to break out to 195

>>14767179
Top 50 is mostly dev wallets (into the 30s I think)

>>14766057
Oh no its jibrel 2.0

>>14767594
Jibrel was never invited to Davos (the most prestigious business conference in the world) to give a presentation on their crypto and the state of the market. Big difference between Jibrel and Reserve since some of the biggest powerplayers in finance are behind Reserve.

Sold 500k at .0027
bought 690k at .00375
fuck it, i'm done trading DONE
this is my last resort

https://youtu.be/lmF7HxS8fiU

sold my linky, all in at 0.0031

which one of you did this?
she will likely shill RSR for like 1 million RSR you are overpaying.

>>14768496
>can buy rsv with eth
you were all scammed

>>14768575
what?

>>14768496
>you are overpaying.
Isn't that what findom is all about though?

>>14768686
While I love Hannah Barron, I must admit I am very greedy.
I could never justify paying a shill even a top shelf one like her 5 million RSR.
In the not so distant future that amount of RSR will be worth a literal fortune.

How do burgers get in on RSR?

>>14768777
checked.

http://idex.market

thats where burgers buy.

>>14768777
Huobi

>>14768799
thanks anon

>>14768799
Unless you live in New York, in which case you should either KYS or move.

>>14768668
You can use coins other than rsr for collateral
Rsr will not moon. Cap this

>>14768872
except you are wrong. around 70% of RSV will be backed by RSR

>>14768887
Where’d it say that?

will i make moneys?

>>14769060

PROBABLY NOT YOU SHOULD SELL

oops sorry capslock

>>14769075

but i havent bought any yet?

i just remember along time ago on /g/ you guys told me to buy buttcoin when it rose to 30$ there was this one guy who said he would sell when it hit 10k

is this kinda like that?

>>14769130
maybe, it took BTC over 5 years to go from $30 to $10k though

>>14769130

good, dont buy any if you didnt yet

and those that did, SELL.

pls to dumping. I was going to accumulate more :c

>>14769154
how do you make money off this advice?

>>14769154
Why?

>>14769165
>>14769168

i just want the best for you bros just sell its a shitcoin

you will get scammed by the chink team

sell

>>14768872
You realise you buy RSV with RSR, right? RSR then gets burned. It's not only for collaterizing

>>14769149

i tried to buy some btc when it was a dollar but you guys wouldnt sell me any

>>14769204
this

>>14769204
whats rsv is that like a restaurant reservation?

I SAID SELL YOU FUCKING RETARDS

>>14769483
if people are selling it makes me want to buy

>>14769508
you are stupid then

>>14769524


how do i know this isnt an discord pump and dump scam?

>>14769567
but it is, i own the discord, pump is over

300k here

>>14769589
it says here its been pumped 3x the ico price was this satisfying to you?

>>14769192
What chinks rajesh?

>>14769623
right side glasses you turbo autist

its over. you are about to lose all your money. 5 sats by the time you wake up. you played yourself.

>>14769623
some of those guys arent white

>>14769664
yep its over you guys got majorly scammed

>>14769659
Weak FUD

i want to buy this but i need to see more memes first

>>14769693

what fud you retard?

look at the market history.

o v e r
v v
e
r

Private checking in boys, ready to lose my $100. o7

will not be long

>>14769727
>o v e r
but you're wrong we haven't even begun

>>14769815
Yeah, we are just beginning to dump

>>14769842
yep you are right

we are dumping with our market maker friend in 5 minutes.

sell before :30 if you like your money.

target: 0.003300

>>14769929
10 seconds left

>>14769842
>>14769929
You guys are absolute scum.

>>14769929
>>14769992
and it didnt dump when you said it would.
nice larp faggot.

>>14769999
checkd

>>14769992
>>14769929
>>14769999

clearly, he didn't finish accumulating

reminder suicide stack is 1 ETH worth

>>14769999
Checked

>>14770195
How come you never see these numbers with a seventh digit? Interesting...

I have 300 link, should... I sell it and go all in rsr?

>>14771013
under no circumstances ever sell that link until it hits $1k in the next 5 years.
if you do sell, you will likely kill yourself bc you traded poorly and missed out on having $300,000 in stable RSV (the only stable coin that isnt a total shitcoin)

what you need to do is DCA, which is dollar cost avg your way into RSR.
you have about 5 months left to accumulate before RSR goes parabolic and you quickly become priced out from making major gains.
so get off your ass, go make some money doing xyz but shoot for at least 500k RSR or as much as you can possibly accumulate.

hope this helps you to not kys down the line.
trading is dangerous anon and suicide rates run pretty high with the profession.
be careful.

>>14771053
I have about 17k rsr on top of my 300 link. I just can't bring myself to sell link. shit, but that's the way it must be.

>>14771053
how high for price? supply is huge

>>14771066
I've screwed around with stock and crypto august of btc rise to 20k, so I'm more impervious to fomo. I'm just currently putting my "play money" in crypto. 5 months is plenty of time to accumulate for me.

>>14766302
Get to 100k soon
That will be the minimum you will want to have

>>14771076
I payed about 0.0000146 eth for my rsr. threw pocket change at it so I would at least have some.

>>14771076
$0.20-$0.30 will be broken before eoy 2020
RSR will price out anons faster than most of you realize.

>>14771076
around 70 billion of the total supply is essentially staked.
it wont move for years, so the actual supply is much lower than you think it is.

Who is Hannah Barron and why does she have 100,000,000 RSR?

>>14771076
you need to remember that the Reserve team is shooting for a higher RSR price, if they achieve this then they can issue more RSV. and blue chip cryptos like this usually tend to make fast and hard calculated moves and they are usually unexpected. another reason for why i believe RSR will start pricing out many anons around 5 months from now.

Where are those 2 faggots that were fuding about a dip. Strong dip gays.

>>14771464
nice inspect element

That's a lot of good news from the Reserve team. I can't wait to see how Reserve will help SME's and people in Venezuela, bullish for the RSV launch

Finally bought some. Preciate Yall

any where I can buy this on margin?

>>14771565
it's legit

>>14771565

>>14769929
by all means, please do. I'm not finished accumulating

>>14771612
and back down we go!

>>14771791
Relax

>>14771814
I'm getting flashback. We all know what happens next

>>14771905
You might want to start buying back in now.

Time to buy the dip, this won't last long.

Lowly Sergeant reporting in. I am ashamed of how little I have now.

>>14772231
yeah nah, its ogre.

>>14772344
>pokerface.jpg
RESERVE RIGHTS IS A SCAM! Did that make you happy?

Dont worry anons, RSR will keep making higher lows. Keep hodling those bags....

PRECIATE YALL RSR HODLERS!

>>14772358
still dippin

>>14772480
Looks to me like 14 was the magic number. This thing is fractal cup and handles right now.

>>14772542
not manipulation at all

>>14772555
If you still don't realize that every single chart is painted then you haven't been in the market long enough. This shit is going to pump, so pack your bags.

we mooning boys

>>14772941
mooon boois

Sheit look at dat volume on IDEX...we gonna surpass Link in a couple days.

LIBRA IS DEAD ON ARRIVAL.
RESERVE PROTOCOL PREVAILS!

https://cointelegraph.com/news/drafted-keep-big-tech-out-of-finance-act-surfaces-days-before-libra-hearings

>A drafted bill entitled “Keep Big Tech out of Finance” has surfaced online, allegedly deriving from within the United States House of Representatives Financial Services Committee. The document’s metadata dates it July 12.

>The bill’s provenance is unconfirmed, but crypto news site The Block quotes an inside source as saying it is with the Financial Services Committee.

The document reads:

>“A large platform utility may not establish, maintain, or operate a digital asset that is intended to be widely used as medium of exchange, unit of account, store of value, or any other similar function, as defined by the Board of Governors of the Federal Reserve System.”

>>14773377
>The alleged bill goes on to define “a large platform utility” as a tech company that earns annual global revenues in excess of $25 billion.

>Given that Libra is scheduled for hearings before the Senate Banking Committee on July 16 and with the House Financial Services Committee on July 17, this bill seems clearly designed to preempt congressional authority to take decisive action on the issue of Libra.

I was calling this shit from the start and the Libra cucks simply would not listen.
ITS OVER FOR FACEBERG

>>14773377
Based and checked. Fuck zuck. Will my linkies still be legal though?

>>14773395
Yes fren the stinkies are safe because aliens need LINK in order to survive. Moon soon $1k eoy

>>14764255
You fucking noob goof you could have just connected your main ERC20 wallet to idex through metamask, you made a wallet for literally no reason

>>14758978
This is literally the most organic thread I've ever seen anyone that is buying anything other than reserve is an insult i was paid to learn how to use

Glowing af

>>14773641
I've just popped in but the discussion is coherent much like a good stinky thread does anyone mind giving me a quick rundown on the team?

Reserve is going to be fukin huge

Peter Thiel is an investor in this project, who happens to be connected to Donald Trump

>>14773706
Did he not also invest in BAT, which is a total joke?

>>14773954
yeah he also invested 500k in facebook which turned into a billion

>>14773954
$360 million joke on Coinbase
That would be 24x from current RSR mcap, i'll take it

It is time Anons

This is going to be huge, so undervalued right now.

>>14758978
anyone else see that 30eth sellwall has slowly increased to 50eth? its also constantly changing asking bid enough to be seen on the page but never low enough to get bought into?

is this some attempt at price suppression/accumulation?

please help

yes

>>14774916
Later today I am gonna eat it up the same as I did last night. If you knew how good things really are.

>>14774956
Are you the 30eth ni99 that posted the screenshot ? Respect.

will a 5 eth buy make it for me biz?

>>14775210
will wait for 1250 gwei

wew lads, that Libra getting eternally btfo'd the fuck out of the market has me diamonds.
woke up early as fuck ready to do some more deep research on RSR

in literally a matter of hours since this thread was posted the chances of RSR being a complete and total moon mission quadrupled.
let that sink in, seriously.

The IDEX trannies are going to be all over this next week...

OP, what is the source for the Binance listing eoy 2019? Are we talking CEX or DEX?

>>14758978
And don't forget to thank me sir

https://imgur.com/ubJaIqL

>>14776052
Go make your own shitty thread, Pajeet.

>>14775252
Ouch.

>>14776031
desu the Binance listing is just autistic RSR research anon speculation.
its based on the listing behaviors and patterns of Binance and a handful of other factors
and since CZ has a history of listing blue chip cryptos early bc he wants to get his bots in on filling bags, its common sense for him to list RSR
again, its only anon speculation behind that Binance listing but worse case scenario, its a 2020 listing time frame

>>14774916
it's just some typical market manipulation anon. don't mind it much and just market buy whenever you want.

>>14762745
>>14763070

RSR is the rights to the future world RESERVE currency

>>14776031
Who the fuck needs Binance when Coinbase is invested in it and Huobi and Hotbit are already balls deep.

>tfw I've liquidated everything but my linkies to get in on this
>tfw I've only got major general rank
>tfw i probably won't make it, even if it hits 10x

>>14776031
the Binance listing will be soon after they split into an American SEC Exchange and a Global Exchange.

My theories are that Huobi has some exclusive rights for now, the other pajeet exchanges have jumped on the wagon, Coinbase will have some exclusive American market rights, and Binance's split will be just in time for RSV to start being listed on more global exchanges, so it will.

Please help a stable coin brainlet out. Whats the difference between RSR and MakerDao?
RSR's long term vision with detaching from the USD and being blockchain agnostic?

>>14777850
MakerDao is a shitcoin started by pajeets and sold on pajeet exchanges.
Reserve is a shitcoin started by techbros, sponsored by techbros, and will be sold on techbro exchanges.
Maker is content producing a stable coin.
Reserve will be collateralizing more assets and will be launching with a payment service App.

Ultimately, RSR will need to multiple 25 times in price to reach the marketcap of Maker.

>>14777632
>the Binance listing will be soon after they split into an American SEC Exchange and a Global Exchange.
>My theories are that Huobi has some exclusive rights for now, the other pajeet exchanges have jumped on the wagon, Coinbase will have some exclusive American market rights, and Binance's split will be just in time for RSV to start being listed on more global exchanges, so it will.
this

>>14777632
>>14777964
ABSOLUTELY BASED AND RSR PILLED

this still good to enter here? wait for a pullback?

>>14778164
there will be no major pullback my dude. Buy now and wait for the MM market manipulation pump. Sell at $0.0051-62 range and buy back in at $0.0035-40 range.

>>14778164
there's no reason for a pullback because plenty of holders won't sell at a loss, and everyone who's been accumulating for the last 2 months are looking forward to 5x gains.
The only reason there's chatter in the charts now are bots arbitraging between exchanges, other market manipulations, and weak ass baby hands.
The volume will have to increase before anyone thinks they can dump without experiencing serious slippage.

>>14778212
>>14778268

Say no more fellas, I'm in. Been reading about this a lot this morning, it looks like a winner. No major pump yet either

>>14777964
good enough for me. 18 eth buy order coming up on IDEX.

>>14776625
That's UND sir. Nice forced meme though

>>14778357
I'd buy more but can't sell past my 100k links and my XCM stack even though RSR is probably better than XCM.

Good to see /biz fully backing this. I'm definitely upping my stack to 1 mill shortly. How should we meme this to redditors/normies in a few weeks? I was thinking classy b & w pics of third worlders becoming prosperous/feeding their families etc with a subtle Reserve logo.

im in. my balls are ready

>>14778565
please fuck off

did y'all get in already?
If you got in when this thread was made, you would have 13% gains.

How do I get this as someone in the US?

>>14779257
Americans are banned from buying Reserve and the resulting wealth following said purchase.

Read the thread.

>>14779275
REEEEEEEEEEEEEEEEEE

>>14779304
Idex or huobi with vpn.
Its not that hard.

Also 37 sats were going on a run.

if you are from US, use IDEX which is a great exchange.

you don't VPN for IDEX if from USA, you can still buy and sell and transfer to wallet.

https://www.youtube.com/watch?v=75Lr9lFEooM&feature=youtu.be&t=1457

The 70% backing by RSR is NOT TRUE, old information. How is RSR going to go up in value if other tokens can be collateralized?

WE'RE MOONING

>have 2.5m reserve
>wake up hungover
>entire market getting rekt
>almost no losses in price
>massive increase in sats
>mfw

>>14758981
and just like that, I'm a Lieutenant Colonel

i only can afford 300k of this motherfucker. how i can live with the fact that i never cannot get my 1M stack

>>14780053

is it even worth it to hold onto 100k of these shits?

>>14780139
no, but only if you know of another project that's about to 10x

>>14780139
>is it even worth it to hold onto 100k of these shits?
it's going to 10,000x.. so yes it is worth holding even if you have a small amount... cash out in 10 years when 1 rsr = $10.. your 100,000 rsr will be worth $1,000,000

>>14780192
ten fucking years lmao wtf

>>14758978
do you all realize that this is like the same 12 people ITT?

hope so. don't buy this.

get Zuckbucks or some other sub 1M capper.

Who is this Hannah Barron and why does she have 100,000,000 RSR? Why is she up there in the investor list with Peter Thiel?

Why did a roastie buy RSR? I haven't gotten an answer to this yet. If hillbilly roasties are buying RSR in the stealth phase then you can bet 100% that RSR is a scam.

>>14758981
Master Sergeant ready for act of duty!

>>14780282

>hannah is just another ethot roastie
No she isnt, Hannah is the opposite of a thot.

She isn't posing with a gun for /k/ or stepping onto a model shoot. She actually fishes and hunts and wears appropriate gear while doing it. Appropriate gear when you're in FL, LA, or TX in the summer fishing is generally whatever you'd swim in, plus gloves/boots/sunglasses as needed. Yep, she's kinda hot and that gets her views, but a thot wouldn't actually noodle a monster catfish or toss it up over her shoulder.
Sorry you're butthurt that you'll probably never meet, much less date, a girl like this. I'm envious too, because they're pretty rare. Thots, on the other hand, are ridiculously common and you'll probably cycle through a few of them, most of us do. What's more is that one of the main reasons that smart money anons bought in is because Hannah supports RSR. That's probably the most important thing RSR has going for it right now.

275 replies

>>14780282
>>14780369
These bags practically stack themselves.

PRECIATE YALL RSR POSTERS!

>>14780369
>>14780403
You still havenn't explained who she is and what association she has with RSR.

>>14780456
>Why is based Hannah Barron posting actually Reserve posting?
Because Hannah is a hunter much like the same ppl that the Reserve protocol aims to help in real world applications. She isn't dependent on grocery stores like the vast majority of the "banked" are across various economies. What Hannah has in common with the 1.5 billion ppl that are experiencing severe currency problems is that these people hunt, fish, and trap animals to survive since their currency is essentially worthless. Because of that, Hannah posting is about surviving when your govt issued fiat currency has completely failed - putting food on your table the old fashioned way. Not only is Hannah posting based, but it's a reminder of what millions are forced to do on a daily basis because their own fiat money doesn't work for them - hunt, fish, farm, and trap wildlife. Reserve aims to make hunting and fishing a hobby for these ppl rather than a daily requirement just to survive.

Imagine having to hunt or fish for your food on a daily basis because your govt issued fiat and national economy is so bad the shit just doesnt work and if you didn't you'd fucking starve to death. That's Hannah posting in a nutshell.

Well done frens.. this is the best thread on biz 2019 so far.

>>14780525
>>14780403
Have sex incel.

>>14780456
>Who is Hannah Barron?
She was raised to hunt and fish as a little girl and started posting her hunting/fishing trophy photos to instagram in 2017.
She has no patreon and so far has never stooped to the low level of the ebeggars.
Her sponsorships include some hunting and fishing companies and she is soon to have her own compound bow line.
Shes one of the nicest ladies on the internet and she really preciates RSR posters.

>>14780571
Whats the matter anon?
Youre not afraid of monster catfish are ya?

PRECIATE YALL ASSMAD SHITPOSTERS

>>14758978
why would coinbase bother with a stable coin when they have USDC?

>>14780712
they want to start collateralizing other assets.
ffs.

>>14780712
Because when USD (the biggest shitcoin around) fails above 30% (and it will) all of that USDC goes to zero.
Literally every single stable coin backed by USD is a foolish store of value for obvious hyperinflation reasons.
Reserve (RSV) will one day within the next few years be entirely independent of the USD as backing.
Thus making RSV the safer hedge in terms of retaining the value of your currency in a stable non-inflationary asset class.

>>14780712
To put it into context for you:

in 1985: $50,000 = $50,000
in 2019: $50,000 from 1985 = $119,000

Seems like an absolute dogshit currency if u ask me.

see for yourself: https://www.usinflationcalculator.com/

this is near the bump limit, but I just wanted to share my latest realization.
Amerilards are already locked out of Binance DEX.
Binance could list this coin anyday.
They'll likely be doing this soon to warm up for their Global Exchange listing, once Amerilards are finally quarantined out.
Personally, I'd still bet Huobi has a 2 or 3 month exclusivity contract.
But either way, I'm feeling comfy.

Should i buy it now or wait for it to dip?

you niggers need to read John Nash Ideal Money.
http://personal.psu.edu/gjb6/nash/money.pdf
This is a true viable solution for world reserve currency.
RSR goal is to bring this to a reality.
They solve the counterparty problem by holding assets from a many different issuers.
Example: They will start by holding USDC, DAI, TUSD. If one of those issuers loses the peg they will issue RSR and sell them on the market to prop up the price.
This way RSV becomes a much supperior token then Dai, USDC, or TUSD in itself.
Later on they plan to diversify this asset basket further by adding more assets e.g. gold backed tokens. Longterm they will have a wide basket of 100+ assets. That way even if one of the assets goes bankwupt they can back it with RSR.

>>14782528
this is what im wondering

>>14758978
i tried telling anons a month ago but no one listened

>>14758978
so this will be a good choice for a stablecoin on an exchange only after the RSV token is released and the RSR is working to keep it stable? Looking for a good decentralized stable coin, PAX and DAI seem to be the only ones that aren't a scam so some company can print free dollars

>>14782819
this guy gets it.

>>14782765
quality post

>>14758981
Captain reporting for duty. May give myself a promotion soon

>>14782795
so if ETHUSD goes up RSRETH goes down, If ETHUSD goes down RSRETH goes up?

I still don't understand what RSR does as a token

>rsr/eth ath
>eth is stabilizing
an obvious sell if I ever saw one. see you back at 30 sats

>>14782971
Wow 37 sats, such high number.
Time to miss out and sell.

>>14782528

I asked the same thing earlier but said fuck it and just bought. Already up like 10%. Also it hasn't really pumped yet, its still a good bit down from it's ATH in USD on Huobi. Its got the highest volume on IDEX today which is a good sign its going to run. This is one of those where you risk it taking off without you if you hesistate

>>14783152
IDEX volume has been a really good leading indicator for a while. QNT, VIDT and LIT were all at top volume on IDEX for a few days before beginning their big pumps

>>14769623
>token nigger
>token pablo
>token gook
>token tranny
>token females
based and redpilled

boys I bought in.

300k reservelet reporting in. I FOMOed out of the market crash basically.

>>14783099
mm yeah, but this is the first time I actually sell at what I'm hoping is the top of a pump. if it goes even higher that's fine, because every other time I've hodled and got dumped on.

>>14783099
>but but but I just FOMOed in....

>>14783182

Yes sir and IDEX is great when everything else is crashing, there's always something on there with a 2/3x potential short term. RSR is next up.
Binance is no good right now, everythings just freefalling together on there

>>14783208
>buying at ATH
the /biz/ way

>>14758978
this is a scam

>>14783454
t. seething libra shill

>>14783442

ATH on the USDT pair at Huobi is 0.006, its now at 0.0039, how the fuck is that ATH? Sats wise ATH was 75, its now 37. This shit hasnt even started to pump yet

>>14783670

hopium engaged. would be hilarious if this does a 2x or something and market crashes in the meantime.

also:
how would a tether exit scam affect SRS?

REEEEE
I wasn't finished accumulating, does anyone think it'll go back down to the 30ish range?

No, this is the start to 100 sats and beyond

>>14784047
yes, but there will be a correction first

eth on the uprise
sell while you still can, buy back in later

>>14758981
>>- Hannah Barron: 100,000,000 RSR
uh, gotta tell you about something, OP

>>14784269
DELET THIS

>>14768496
>>she will likely shill RSR for like 1 million RSR you are overpaying.
get someone WORTH that kind of coin
> pic related

>>14784269
YOU SON OF A BITCH!

>>14784269
bearish
sold 100k