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/biz/ - Business & Finance

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19508962 No.19508962 [Reply] [Original]

RSR is the most overvalued shitcoin available on the market right now.

>$370 million diluted market cap
>less than 7% circulating in the market, most of the supply owned by the team and seed investors
>their stablecoin RSV is still only $200k market cap (no adoption what so ever)
>barely functioning app with only a couple of thousand of users
>team has been in a stealth mode for more than over a year, community knows nothing about what's going on
>market constantly pumped and dumped by satsgang/spectre group

How can you justify the enormous evaluation when they have achieved close to nothing in 3 years of working on the project (started in July 2017)?

Listing some well known investors who got 10x discounted tokens does not count as a valid argument. A decent project should have more going on for it than just few known investors.

>> No.19509000

t. priced out

>> No.19509160

>>19508962
they are on the ground in countries where hyperinflation exists and getting new users.

when was the last time you left the country anon?

So you are saying that all these other shitcoins with mainnets that process 0 real transactions are not overvalued? LOL DOUBLE STANDARD MUCH

>> No.19509196 [DELETED] 

>>19509160
>they are on the ground in countries where hyperinflation exists and getting new users.

do you think that's enough to justify the $320 million evaluation?

>> No.19509226

>>19509160
>they are on the ground in countries where hyperinflation exists and getting new users.

do you think that fact alone is enough to justify the $370 million evaluation?

>So you are saying that all these other shitcoins with mainnets that process 0 real transactions are not overvalued?

I haven't talked about any other shitcoin ITT, so no, that's not what I'm saying

>> No.19509478

>>19509226
to be frank it should be 3B in this shit infested market.

its literally doing more than litecoin, cardano, tezos, xrp, and all those dinosaurs

>> No.19509568

>>19509478
what is it actually doing right now?

RSV market cap is $200k

you're just talking about what they hope to achieve, not what they've actually done so far

>> No.19509808
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19509808

based or cringe????

>> No.19509826
File: 87 KB, 396x524, rsr ranger.png [View same] [iqdb] [saucenao] [google]
19509826

>>19509808
B A S E D
A
S
E
D

R
S
R

B
R
U
H
S

>> No.19509987
File: 97 KB, 744x1280, photo_2020-06-04_18-26-20.jpg [View same] [iqdb] [saucenao] [google]
19509987

new exchange

>> No.19510014

why are so many bizlets seething over rsr? go back to your uniswap pnds its too late to fud

>> No.19510031
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19510031

>>19508962
THIS IS NOW A LOKI THREAD THANKS

>> No.19510683

>>19510014
nobody is seething

we're just watching out for brainlets who fall victim to these scams

>> No.19510705

>>19510014
It's a fud campaign from big RSR holders who want more
>>19510683
t.greedy bagholder

>> No.19510777

>>19509808
I'm glad Sergio isn't a soiyboy my linkies stay onions free

>> No.19511530

>>19510777
this

RSR is literally
>reddit-the-coin