/biz/ - Business & Finance

750k stack sitting comfy

>>20312990

That's not the AMPL logo though

>>20312997
In immense comfort rn

500k frens am I gonna make it?

1 million stack is the definition of comfort

>>20312990
What coin?
>inb4 altcoin

>>20313090
youd make it 5x more than i will.

low key these RSR threads are coziest threads

>>20313090
380K here. Yes we are anon, be patient. This is a long term, get a hardware wallet, buy and lock away come back after a few years. Go live your life.

Biz will fuck your head up.

>>20312990
700k being a bitch cant get to 1 mill

Thinking about picking up another 150k will this have some sort of price correction or will it just keep pumping to the moon?

>>20313013
Kill yourself AMPL shill you're in every thread. We won't buy your literal who shitcoin.

Ivan shilling RSR this morning on Good Morning Crypto
He said he wanted to wait for a pullback for getting BIG bags.
BULLISH

>>20313158
Wait for it to go back down. It'll eventually go down at some point, I'm waiting also so I can get some more.

>75k RSR
Am I gonna make it?

>>20313357
Might be lambo money at best

Reserve has a partnership in Angola with 7Mobile Africa to pre-load the app on all its shipped smartphones.

B U L L I S H

>>20313403
Link?

>>20313158
Impossible to tell short term price action. Since i have a strong feeling this will at least 10x from here and knowing my track record of exiting link at $1 i think we are dealing with at least a 50x but too many cautious anons will have sold off most of their stack before then. Trying to manuever a cheaper entry now is being penny wise for such a project that shines against a backdrop of absolute ranjeet shitcoins.

>>20313429
https://medium.com/reserve-currency/reserve-finds-a-staunch-ally-in-7mobile-ceo-alex-thomson-payan-d63538030a5d

>>20313168

Hey retard

it's called 0.01 Waiting Room

aka what AMPL's going to

which was the joke

you ESL raft nigger

>>20313529
Could reserve be any more Chad tier

Someone redpill me on RSR. ANy big partners? Where can it be bought?

>>20312990
I'm predicting it before noon today

>>20313792
https://reserve.org/investors

>>20313792
You can get it on huobi global if you are a europoor like me, otherwise go with uniswap or something

>>20313792
Going to be on majority of new smartphones in Angola.

>>20313529

>>20312990
Um wait, why would I buy a stable coin? Aren't huge gains contrary to the concept of "stable"?

>>20313529
> Charlie Smith
> Only other post is about a partnership with Chainlink
nice larp faggot

>>20313921
You're not buying the stable coin (RSV) you're buying the (RSR) which runs the show.

Not gonna lie, I sold 250k at 0.83c hoping to buy back at 0.60. Wish I never did it. The fomo just isn’t worth it.

Currently #98 on coinmarketcap
#106 on Coingecko

Trending on Coingecko

>>20312990
god fucking damnit, I want to scoop this up so fucking badly but I'm allin ampl

I blink and I gain $50. Who has been pumping this all month?

KANGZ

>>20313403
Look at M-PESA in Kenya as a reference of what could actually happen.

>>20314386
Mobile money is actually one of the biggest technological leaps in Africa. This is a very big market, you watch. 2022-2025

>>20312990
Based RSR. Let's do it boys.

>>20314051
Guy works at reserve idiot, its a blog.

Low effort FUD.

Stay poor.

>>20313563
It's called kill yourself you retarded pajeet subhuman nobody gives a fuck about your worthless shitcoin

>>20314367
pajeet subhuman detected
blow your brains out you third world nigger monkey

>>20314843
>>20314935
Seething bro, take a deep breath because you burst an aneurysm.

>>20314368
its just time bro. No more sub penny. We cant have it go too long or everyone would make it like we will

>>20315099
wisdom

>>20313575
Sure, when it inevitably gets a deal in the country of Chad.

>>20312990
is there still time to invest? how much should i invest? and when do i sell?

>>20315696
Its under a penny get it while you can before its too late

Isn't this a pajeet scam? I saw a thread ages ago about how all the posts and tweets were from one town in India.

Sg. Major reporting. Hold tight boys, we will make it to cozy land.

>>20315774
They look like indians? Buy now or stay poor

>>20315871
Is that seriously the team? No shit? fuuuuuuuuuck.
Fucking fudding pricks. I had 50k but I sold ages ago at like half a penny and could never bring myself to get back in. Depressing.

>>20315923
rip my man, always DYOR

>>20314970
die you pathetic AMPL shill

I don't get it. Why is the this coin and Ample forming a rivalry on this board?

>>20316054
Because AMPL drones come to every RSR thread to shill their subhuman coin

>>20316054
Because they are the same goal with different approaches. They can't both win.

>>20315498
top kek

>>20316054
AMPL holders are trying to pump their coin for rebase gains.

>>20316081
This isn't necessarily true, decentralise money pools like Reserve are the banks of the future, there's room in the market for multiple stores of value like there are multiple competitive banking chains currently.

>>20312997
Look at the fuckin depth chart on the order book. No way it's doing a penny with that behemoth on the sell side.
Don't be discouraged if it takes a few days to get to .01

>>20313575

>>20316193
We've eaten more than that in the past 24 hours, the train isn't stopping

>>20315766
How much should i invest? and for how long to hold?

>>20316193
I wish this FUD was true so I could accumulate more. Sadly we moonmen
>>20316528
100k if you want to make it. Hold until you don't want to make money anymore. This shit will accelerate for the next couple years

reserve will save many anons from this

>>20316646

Me in 2030 after i've wanked myself into oblivion when RSR reaches $56

I’m so glad /biz/ sold me on this last year. I’m so ready for the blast off with my 1.1mm. You know what I’m even more ready for though? The passive income from arbitraging which will only increase the value of my stack as this coin gets picked up not as a cryptocurrency, but as a payment app. Imagine if every person that used PayPal to purchase goods or to send money to their family in whatever third world shithole they’re from, every transaction they did just made you richer. That’s Reserve. God bless you Rangers, we are all going to fucking make it.

>>20316756
203167[$56]!

>>20316943
redpill me on arbitraging and what all that means.
I have a 100k stack is that a meaningful amount? Where can I educate myself on what arbitraging is?

>>20316595
100k USD or 100k in reserve? i dont have 100k in USD

>>20317163
100k Reserve do you think any of these kids have 100k?

>>20317271
this is all new to me. im sorry.

So strange hearing people refer to 100k as make it stack,
it has always been way more then that to make it no?
I've been sitting on 7M for the last year,
sold 2M since then to pay for rent etc,
not touching the last 7 till it hits 1$.

Any other earlier holders here? I think I'm up $30,000 in the last 2 months.

>>20317377
Remember that by the time you see a coin shilled on /biz/ it's usually too late. There are anons here sitting on bags raging from 1 to 8 million. They tell you 100k is the "make it" stack so they can eventually dump on you.

>>20317018
>how does $5,600,000 sound
Seriously though check out the Reserve website, the official and unofficial Telegram, and Twitter with the $RSR tag has some good posts on it as well. It’s part of the protocol, where you put up RSR in a smart contract to automatically balance RSV. You keep your percentage of RSR when arbitraging it after those used coins are burnt, which in turn drives RSR’s price up. I couldn’t say if 100k is a big enough stack to arbitrage and keep you comfy immediately after mainnet (might be looking at a few years after launch), it’s literally dependant on time and adoption, but the more that whales actually use the protocol to arbitrage, the more your stack (and their’s) is worth anyway. It’s a win-win situation no matter what.

>>20317575
You're not one of them dirty currynigger shit eating pajeets are you?

>>20317504
I've got a 2.3M stack not quite 7 but comfy af. Plan on selling some at 1$, but going to ride this out.

>>20313357
Would you suck Scrooge McFuck's fat cock for ten grands?

>>20317575
Unfortunately true for most coins, but RSR incentivises people to hodl and arbitrage as I wrote in the post after yours. You literally earn more money by arbitraging, so why bother dumping?

Lads, I just finally topped off my 100k stack under 1c. Will I be a millionaire?

>>20317698
I'm not from India if that's what you mean. Just a friendly reminder that you'll be starting this race at a disadvantage.

>>20317575

Never selling
Always arbing

>>20317575
500k is a suicide stack. 1MM+ Make it stack.

>>20317754
whats arbitraging?

>>20316081
>US Dollar and Euro can’t both win

>>20317892
Making money off the spread and price variance between two or more exchanges. Generally..

>>20317805
what is a good wallet to store it in?

>>20318011

That is metamask but i want an offline ledger to store this in for extra security

>>20317575
1 mil has always been the make it stack retard. We shilled RSR when it was at ATL
as well you didn't listen. KYS.

After taxes, exchange fees, cash-out fees etc.

2 million is the bare minimum stack.

Even that will be tight, but doable

I still don't understand how selling RSR for RSV will increase the price of RSR tokens and have the same RSR you already sold. Is there like a really easy to understand explanation and example of this arbitrage? Say RSR is worth $.50, and RSV drops from $1 to $.98 where RSR is needed to stabilize the price. How will it work exactly?

>>20318259
Here you go anon: https://reserve.org/blog/why-arbitrageurs-should-hodl

Re: Price

Most of you zoomers don't remember XRP in 2016. It was trading for LESS than the price of RSR now for two years. Eventually, anyone with like 50,000 XRP made out with 250K if they held. XRP was a jewish scam with no adoption, it only blew up because of the bull market. RSR is a derivative of paypal/venmo and has peter thiel backing it, so the explosion in awareness is going to be huge. We're also anticipating a huge bullrun in 2021 for crypto overall.

>>20318259
Given your example: You will send .98 RSR to the vault and you will redeem $1 worth of RSV, effectively profiting 2 cents. You don't have to do this it will be doen automatically through the smart contract. Obviously 2 cents isn't anything meaningful, but with millions in volume, you could stand to make $20 every time theres a dip or rise in price - multiple times per day.

>>20312990
cozy

>>20313013
pajeet detected

RSR Possibly the only alt coin that makes sense to hold other than BTC. Coming from a huge btc maximalist.

>>20317737
God yes.

>>20316943
how can it be cheap and trackable?
eth fees are too expensive for this to be used in third world shitholes

>>20318604
What if I told you there is no eth fees 0o0

>>20318604

>eth fees

He doesn't know

>>20318604

you think this moon team didn't think this through. stfu and hop on.
-sg. major

>>20318646
wtf how
who or what processes the transactions

>>20318604
>eth fees
Please DYOR before joining the grown ups

Just picked up 200K shaving LINK profits. What’s the make it stack?

>>20318926
1m

>>20317504
I would say minimum would be 1 million to make it. Even at $1, a million dollars doesn't go too far nowadays.

>>20318926
1-2M / 500K = suicide stack.

Lieutenant Colonel here.

>>20318870
TLDR: in preparation for the self-custody version of our app, we will be forking the RSV contract to add support for meta transactions. In conjunction with the addition of the Reserve Relayer, this will enable future app users to make on-chain RSV payments without the requirement of ether. This fork will occur on July 20th. If you are an RSV holder, your funds are safe — exchanges and wallets will be updating to the new contract address. Metamask users will only need to add the new contract address. This has no effect on RSR, which is retaining the same contract address. Anyone is welcome to become a Reserve Relayer and should reach out to us if they are interested in building a dapp to do so

This is from their blog post I recommend you read the full post

>>20318870

Dude ETH is dinocoin 2.0, anyone who knows anything about crypto knows Eth Killers are no longer a meme.

It will survive because it had first mover advantage and actually was usable as an issue and transfer layer, but to expect it to continue to be THE transfer layer is laughable.

just doubled my stack to 900k with gains from AMPL
gl anons. we're gonna make it

>>20318359
>>20318422
Thanks. The site says have to sell on an exchange, but if it will be automatic in a smart contract then it's starting to make sense now.

>>20318974
Nobody has ever convinced a single developer to develop anything on their gay blockchain. Everyone is working on ethereum and they always will. This is because it's actually decentralized with no more original whales to dump. Only up from here.

>>20319102
Automatic in a smart contract on an app (releasing soon) where you hold the keys. Non-custodial. Really cool stuff

>>20317504
Ive been holding for over 400 days. Got the majority of my 1.5m stack for stupid cheap around $0.0028. Comfy.

>>20319129

Fifteen transactions per second.

>>20312990
Best way to buy it with fiat?

>>20319155
Wait how soon? We can start arbitraging in the coming year? I expected it to be a 2022 deal. I need to accumulate bigger bags!

>>20313168
It was a joke retard. Try to keep up.

>>20313792
Coinbase. PayPal

>>20313135
RSR is a shitcoin .. Prove me wrong.

>>20319818
>looks at 300% portfolio gains
Ngmi

>>20314478
It’s only the US and other commie fascist nations that are trying to fight it to preserve their monopoly.

>>20316044
Look a little closer.

>>20317011
FEELESS META TRANSACTIONS. Try to keep up anon.

>>20317735
Yes 10mm avg ~0.0025 after DCAOmg for a year.

>>20317785
You’re from India in spirit anon>>203

>>20319818
HAHAHAHAHHAHAHHAHAHHAHAHAHAHHAHAHAHAHHAHAHAHAA

>>20319402
Buy eth first. Send it to an exchange

>>20319129
>Ethereum
>//actually// decentralized
Except for when the decided to MANUALLY roll back their own blockchain after a security flaw was exploited.

Ethereum uses consensus..until Vitalik decides not to :^].
Ethereum is decentralization with an emporer. So, basically not.

>>20319379
Eth will evolve or reserve will move to a faster platform like Harmony.

>>20320235
RSR is a bi product of ETH, RSR is shit.

>>20320147
I do like some Indian food every now and then sir

>>20320272
My bags say otherwise

>>20320030
(You)

>>20320272
You don’t understand any of this. Just stfu and lurk moar

Should I buy now? Will it drop ? Should I wait and buy then? When to sell?

>>20320583
Dont buy, save your money.

>>20320583
Buy immediately before it passes a penny and goes apeshit

>>20320583
Mainstream fomo starts in december so you can get in earlier for cheaper. Think long term.

>>20320583
Anything below a penny is a steal just make sure you're able to accumulate as much as you can

why the fuck does it stabilize around usd if it wants long term stability
love everything about it
im out

>>20320801
Omg you are retarded. It will depeg from the USD in phase 3. Stay poor.

>>20318970
fuck im only a second lieutenant?

>>20321417
>2nd Lt.
Gmi. Me too.

>>20321417
>>20321483
tfw almost a Brigadier General

>>20321417
those old ranks are quickly becoming unattainable.. there is a new one

Rsr is a placeholder token hahaha it basically holds zero value right now. You poor guys are about to get rekt

>>20322038
cope

>>20322038
HAHAHAHAHHAHAHAHHAHAAHA

>>20322038
Official place holder for future millionaires. Redeem your "made it" tokens June 2021.

>>20322038
I just bought the land for my beachfront mansion. I guess I'm gonna get rekt because it holds no value. I mean, there's no mansion there yet!
I'm so stupid

Hello, convinced some of my family to buy this. It’s really the only under the radar project that looks like it could do well imo. Good luck to us all.

>>20322038
>he couldn't buy

>>20320272
>bi product
It is "byproduct", Ranjesh

>>20323888
even if he corrects the spelling his statement is retarded AF

.009 rejected! Stupid sell wall

Just bought 3mil

>>20324095
>.009 rejected
check again faggot

>>20324224
>using coingecko for price
oh no no no no

>>20313529
>June 2019

I don't quite get the RSR burn after purchase of RSV. Seems like RSR value will have to be way higher than RSV or they will be burning the shit out of them (which would then lead to an increased value anyway). What am I missing here?

177 new wallets since yesterday

Where do I buy RSR? I live in the US.

>>20324236
0.0092 on uniswap

>>20324488
Huobi with VPN or uniswap

>>20324506
>>20324504
Uniswap slippage 7% on a $1000 trade
Better liquidity on Huobi for large orders

>>20324488
I used a VPN to sign up on Huobi then didn't need it after that. I think at this point it's safer to use it all the time tho. Just buy a chunk.. get it out to MEW or whatever eth wallet you use.. Rinse and Repeat

I only have 930k. Why the fuck does this keep going up

>>20324325
God damn we really are still so early

>>20324698
>Why the fuck does this keep going up?
Maybe the scammers in pic related like feeless meta transactions.. they should know, several of them started paypal. There's zero other projects with backing like RSR

Thanks bros, I'll buy what I can, like 200 bucks worth and hold. After that try buy about 50 bucks a week worth.

sell wall shrinking a smidge. FUDers may be conceding

>>20324789
you're going to make it

>>20325339
it's over a cent

Just sold my VIDT profits and doubled my stack to 1.25M. Really hope I'll make it with this one!

WE