/biz/ - Business & Finance

>>23437651
just don't get too cocky now.

Self bump

>>23437696
I'm not getting cocky, I know this will dump again but this at least will make this project known

At $1 we meet at big moose Right?

this is now a fantom thread

Lets fucking go

>>23437807
That green I'd already tells you baby, the 1usd party indeed it's going to be glorious , we'll share endless cans of fartless beans

>>23437651
>stablecoin

>>23438055
RSV is the stable coin.
RSR is what helps keep RSV stable.

Why won't /biz/ literally just Google how a project works?

>>23438085
Cause he's fud and mad

you guys are retard if you do not load up more... this thing gonna pump another 100% within this week

>>23438102
Yes I am
Should I buy lads? Will it keep pumping?

>>23438055
Don't be mad it did a 50% just yesterday son, keep playing with your luigi and food tokens lmao

>>23438131
Buy buy buy, it will keep pumping

>>23438127
I know anon I know

Welcome aboard the RSR train with destination $1. Our next stop will be at $0.02 at the end of the day. Enjoy your trip anons and remember that /we will make it/

>>23437651
Bought at 0.01
Feelin good

>>23438550
coinbase announcement at .05 would take it to .15

>>23438131
It'll probably level off and drop back a bit at some point, no telling where and how much though.

>>23437852
lol no

>>23437651
OH SHIT IT'S STILL PUMPING

>>23438905
could be insiders that know something big is coming

>>23438975
according the rsrdev LARP paypal integration is coming, then main net in Q1 2021 and cb listing. all have been "confirmed". could be that or just all the positive updates from reserve's official twitter. hard to say but we're comfy af right now

>>23439039
true if big

>>23438852
I'm a millionaire at 0,1, I just can't believe it, stop feeding me the hopium RSR frens

>>23439039
Rsrdev said we would pump towards the end of October and then again really hard in December. He's been right so far.

>>23439137
based 10 million, top 100 holder chad

>>23439137
dont sell too early. if rsr dev is to be believed, that 10 mil stack could be worth 30-100 mil in the next year.

>>23439184
I bought in at 0.017 and never looked back

>>23439267
ah fuck bros I'm high af 0.0017

>>23439248
If this projects succeeds then I won't ever sell and live off RSV

>>23437651
I am a sick NEET
I like the stink feet

Should I FOMO in

>>23439517
Is water wet?

bluepill me on rsr

>>23437651
I JUST BOUGHT MORE 2K OF RSR

OOOOOOOOOH IM MOOOOING I'M GOING TO MOOOOOOOOOOOOOON

I have 200k RSR

I hope some day it will equate to $200,000

>>23439351
This, I won't sell any RSR neither. DR/NS

I bought most of my stack at 0.025, still quite a ways to go for me before I see a profit. You can really see how they fucked the price by dumping those 2.5B tokens on the market, we are still at half the ATH but #74 in market cap rank which is the highest I have ever seen it.

Really hope they wait a long time before the next "treasury fund deployment" i.e. dumping on us hodlers, maybe that 100B FUD isn't entirely FUD after all..

>>23439616
Fuckin nice, I just got 10k but it's something. If it moons I will make some money too lol

>>23439517
Too late fag you can't afford a make it stack of 1M rsrinos

>>23439715
It's fud man, this is a long hold. Rsr will reach 1$ the next year how's that sound, cap this

>>23439715
It'll have an impact but on a long enough scale we'll be fine.

RSR is now at $150m MC and rank 75. Where it was 2 months ago with a price twice what it is today. The supply fud is real.

>>23437651
Hahaha. 100 billion coins.

Wew!

At least read about ARPA, the Asian De-Fi alliance shit that just came out. The Amazon partnerships. Bella.

>>23439805
capp'd if it hits $1 I'll be a millionaire and well on my way to making it. if crypto does a golden bull it's certainly within the realm of possibility anyway

>>23439903
Yeah, I will found you on the 58,68$ party and we will get so fuck up it will be epic!

>>23439956
I am sober but will supply hookers for the yacht party

>>23439983
That's great, did you joined the telegram channel of RSR?

>>23439576
>>23439803
Lel thanks lads

>>23440062
no if you have a link tho I'll check it out

>>23440096
Of course my man, here it goes
It doesn't let put a link but just search it like this:reservelodge

>>23439850
nobody said the supply isn't real anon. we're pointing out that supply doesn't matter after mainnet. tokens will burn at a higher rate than they will be "sold" on the market. if you don't agree with this or don't think it will happen then simply don't buy into the project. it becomes fud when people repeat it as if to imply that 100% of the tokens will be "dumped" which is not true. over 50% of tokens stay locked in a slow release wallet. the rest get released over a 6 month period and only to big investors that are aware of how the project is meant to work. nobody cares how many shares are owned by jeff bezos at amazon because he's not going to dump his shares because it would hurt his company. similarly the owners of reserve wont want to hurt their company by dumping rsr tokens that are meant to help balance rsv. it would make zero sense other than in the mind of a coombrain biztard that gets rug pulled weekly by uniscams.

>>23440311
This right here

>>23440311
the only thing that matters with reserve is the percent ownership and how much of it is going to be used for arbitrage/rsv balance. at the end of the day a majority of tokens will be used to balance rsv and therefore more tokens will be burned than can be "dumped" by any single group or person. this is why the price of rsr will be consistently pressured to go up as supply/demand curve dictates. less tokens available, more profits to be had from arbitrage and price has to go up to meet the demand.

This shit gon get listed in coinbase eventually isn’t it

>>23437651
Imagine not buy a coin supported by coinbase that is bluntly and blatently trying to reach 1$

Just aped in on this boys, I'm an expert at buying the ATH but if it's not then we've all made it.

NO ONE IS USING RSR FAGGOTS

rebuy target: 0.01

>>23440476
Or course it will, coinbase are invested in it.

>>23437651
I can feel it
LETS GOOOO

sirs we are going back to 0.01

>>23440680
you shut your goddamn mouth

>>23437651
It’s dumping. Why is it dumping?

>>23440461
seems like it would be very difficult to participate in the arbitrage loop unless you're very very fast about it

>RSV price goes over $1
>burn RSR for RSV
>use RSV to buy back your original balance of RSR and keep the difference as profit

every single RSR holder would want to get in on that action as soon as the RSV price bumped even slightly over $1 I guess you would need an algorithm running to rapidly make the trade as soon as it happened, but then you would also be competing with other faster algorithms

not saying this is a bad thing since it heavily incentivizes RSR burn but still, seems like it would quite difficult to actually perform a successful arb transaction

100,000,000,000

Pump and dump groups are using rsr

>>23440747

sir, look at it dump.

when are you guys rebuying? you think it's gonna go below 0.01?

>>23440680
i thought it was .001 a few weeks ago? stay poor

>>23440766
>what are arbitrage pools
nobody is going to sit there and try to manually move their tokens into the smart contract anon. this will all be automated. the team is creating their own arbitrage pools and exchanges will offer this as a service.

>>23440856
oh sort of like staking pools. nice

>>23440867
coinbase custody announced a few days ago that it's looking to list rsr and rsv. this blows away all the SEC fud too. "muh rsr is illegal" kek

>>23440958
>>23440867

>>23440958
yeah I never bought into that SEC fud it seemed utterly retarded. coinbase before end of year I'm thinking

>>23440856
I'm wondering whether it will be better to arb or sit back and let other people make profit that way while my relative stake grows.

>>23440997
that's what im thinking too. this recent pump feels like it's insiders. last time paypal suggested it would use btc we pumped but not like this. this feels like pre-binance listing pump. if the goal is to get above .02 again then we're 100% seeing a big listing and the last thing is coinbase, and once coinbase lists we're gonna see binanceUS list and so on. fudders will rope.

>>23440997
rsrdev keeps saying that something big is happening in December. if he is real and not a larp then I'm thinking it's probably a coinbase listing

>>23441009
i thought about this also, but im fairly confident that arbing right away is going to be the most profitable move.

>why?

simple, because the faster you buy back into rsr the better deal you get per rsr token before the markets become aware that there is a supply shortage.

think of it this way. as tokens get burned the market isn't aware yet whats happening because it's considered an OTC purchase that doesn't involve market participants. so buying back into rsr immediately after is the smarter move for long term arbitragers/holders since token burn will lag before it's reflected in the markets.

>>23441160
>>23441009
im going to arbitrage at least 70% of my holdings and keep 30% for possible trade opportunities as the market pumps from token burn and from the potential "hype" cycles of big listings.

i might do a little less or a little more than 30% depending on the markets. im already well off so i dont need the money right away which puts me in a unique position to hold long term for projects that i believe in but having some cash on hand to buy dips is always a good idea too. figure out your risk tolerance and you should be fine. take some profits on the way up and you will feel extra comfy no matter what happens.

>>23441160
I figured the speed of multiple, competing automated pools all trying the same thing would negate that advantage.

Is it a taxable event when you arb all/most of your stack between RSR/RSV? Or is it considered an in kind exchange?

>>23440766
It will be automated. We will be arbing in pools.

>>23441283
once we know what the velocity of rsv is that's when we'll know for sure which route to take. from what im seeing rsv is going to become the uber of decentralized banking. velocity will be out of control early on as new people on-ramp and then slowly become more stable over time.

>>23441313
>taxable event
mutts lmao

>>23441313
tax could be similar to staking tax since the user wont have control over each transaction, the exchanges will.

We keep going bros, to the moon

>>23441899
checked

posted wrong pic forgot we arent fudding right now

>>23439850
ath MC was $250m anon

>>23440958
Enjoy paying 33% tax on your fake ass rsr placeholder when they list on coinbase.. you'll thank me later if you sell right now

>>23437807
At $1 we'll have a stablecoin backing a stablecoin. Isn't that just mutual masturbation?

>>23444229
>Has no idea how any of this works

>>23442888

>>23441049
shhh

>>23444831
larp

>>23444831
How high do you think it'll go?

>>23444831
Give breadcrumbs boss's, when coinbase or paypal, something pls

>>23443312
you're a retard, please do the world a favor and kill yourself

People that bought RSR early this year after resisting all this bleeding

>>23443312
That's not how it works retard

>>23444831
How important is the paypal announcement to the future of reserve?

There's was just movement out of the 2 billion liquidity address.

https://etherscan.io/address/0x39ce2e0479221ee129f6079f60d5305122c4d6e4#tokentxns

>>23444831
Give us something.

>>23445537
it's happening isn't it?

sold some eth to join you fellas

>>23445537
Confirmed. What's going on?

it's literally only dumped since last night. should've taken profits when it was up +55% in 24hrs, anons. Now it's only +8.

>>23445704

Rug pull

>>23445468
>>23445468
It's good but ultimately reserve it's going to implement paypal on his app not the other way around, rsr it's already more important than paypal and they know it

>>23445537
>>23445625
ÒOOOOOOOOOOOOOOOOOOOOOÒOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>>23445468
Only short minded people limit their vision to only Coinbase/Paypal. Reserve is trying to build something as big as those two, all of them arose from Silicon Valley.

https://mobile.twitter.com/rsrwhale/status/1319095090158075906

>>23446031
yeah the gate.io was confirmed. but that other unknown one could be interesting. possible happening.

>>23445749
why are you acting like that's a good thing

>>23446204
because those tokens are going to exchanges to provide liquidity. it means buying demand is outpacing supply.

>>23445716

>>23446195
it looks like both wallets are now accounted for, one is for gate.io and the other is for liquid.com according to twitter fags.

>>23446633
basically this

they're trying to help exchanges keep up with the demand, but we're gonna get bigger price spikes regardless. there's way too much going on in crypto right now. the golden bullrun is almost among us.

>>23447037
>the golden bull run is almost among us

who remembers that time a couple of weeks ago when we all sold our bags for 0.04 what a time that was!

>>23447258
Do you even stock2flow bro?

>>23447258
We? I never sold hahahaahb get fucked swingis

>>23447258
i bought the top so i can could barely afford to continue adding to my bag. but i went from 70k to 200k

waiting for moon

>>23447903
Nice, keep holding bro

13K in. Let's hope this shit hits the moon.