/biz/ - Business & Finance

>>24356746
>RSR, been around for ages: 0.02
>eRSD, been around for a few months tops: 0.025
Imagine getting overtaken by a boomer janny, embarrassing.

>>24356746
Ignore the cunts, when is coinbase listing for normies? 5k train rider

>>24356908
This lmao
Also >>24356746
>100 000 000 000 supply

>>24356955
>>100 000 000 000 supply
very powerful FUD my friend, I just sold my whole stack

>>24356746
Don't worry anon they'll be buying our bags later on

>>24356955
>>24356932
>Imagine shilling a known scam
>Imagine having to steal the Reserve word from RSV to make the obvious rugpull more convincing

Serious questions those who have already reserved their seats:
What do you expect this to go to in 5yr?
Why are the supply posts FUD?
How many RSR do you need to make it, and by when?
Also don't say DYOR when I'm not the one making these threads everyday.

>>24357128
$10-56 in the next 5 years. Mainnet next year and well burn through the supply lile crazy

>>24357117
>known scam
What’s scammy about it? Pls I need legitimate-sounding fud so I can accumulate cheapies...

>>24357117
YOURSEAT IS REVOLKED

>>24357340
I see $56 RSR posted alot. Is this a meme like $2000XRP

>>24357416
Red flag 1: Only listed on uniswap. Scams usually cant get listed on Huobi or Binance so they have to resort to a DEX like uniswap.
Red flag 2: only 300k 24h volume (most likely wash trading)
Red flag 3: Unoriginal and generic name
Red flag 3: Logo looks like shit
Red flag 4: Website looks like it was designed in 1999. Most likely work was offshored from India
Red flag 5: No backers. Not a single soul is interested in investing in this trash.
Red flag 6: Coordinated shilling om /biz/. Using reserve to stay relevant and hope some idiot puts their life saving into it.
I could go on and on, you guys need to try harder

>>24357523
Its a fact. Some anon did an analysis if RSV gets widespread use in South America. The RSR supply gets burned the more RSV is used. We could go Bitcoin price if RSV is very succesful

>>24357816
But I bought RSR on Binance.

>>24357933
Inwas referring to the eRSDL pajeet shills

>>24357969
Ah, my bad.

>>24357933
So you bought too late newfag

>>24358095
it's not too late

>>24357928
Does anyone have this analysis saved? I'm about to reserve my seat here

It takes a certain type of man to hold RSR. The type of man that cheers for the hare, but bets on the tortoise. The type of man that expects the sunshine, but prepares for the rain. The type of man that Reserves his seat, well in advance.

Only complete fucking idiots could think RSR would ever be worth significantly more than $1.
Nevin explicitly states how $1 of RSR would be used to purchase RSV through a smart contract when RSV reaches $1.02. How could speculation ever drive up the price of RSR to where RSR would be so many multiples of RSV even with supply burn.

>>24358628
So they should both float around $1

>>24358628
Supply and demand brainlet. Basic economics. There will be huge demand for RSR as more people want to take advsntage of the arbitrage oppportunities.

>>24357816
literally look at the spread on live coin watch you absolute fucking retard. binance, okex, bilaxy, huobi, bitmart. the only one NOT there is coinbase. and our logo? really? your just jealous of the memes

>>24358256
>ID ends in 56, $56 confirmed

>>24356746
FB Libra blocks your path RSR retarts

>>24359110
>ID

>>24359063
he's talking about ersdl you fucking mong

>>24358628
lmao you retard
you could buy $1.02 of RSV for $1 if RSR was $2k as well, what kind of argument is that?

>>24356908
>using price as a value marker
kek

>reserve.org domain secured
>clean logo, mostly white guys on the team
>coinbase already tracking price
>peter thiel as an angel investor

This was enough for me to secure a bag and accumulate

ROMA INVICTA

>>24356746
where can I buy rsr its not on coinbase

>>24360018
Sam Altman heavily invested as well
>>24360086
Binance

>>24360086
Uniswap

>>24360102
Explain to me how to get it on binance, i bought all mine through uniswap.

>>24360154
binance has

RSR/USDT
RSR/BTC
RSR/BNB
RSR/BUSD

buy it like you would anything else on binance

>>24360154
>buy BTC or USDT
>select BTC/RSR or USDT/RSR pair
>trade
easy as that

>>24358232
delphi digital report
t.me/reservelodge

>>24357117
>>Imagine having to steal the Reserve word from RSV to make the obvious rugpull more convincing
What did he mean by this? RSV is part of the same project, do you seriously not know that?

>>24360282
eRSD has nothing to do with RSR/RSV you retard

>>24357128
You need 1MM
It will be AT LEAST $1
The supply post FUD is retarded. It only takes 30-60 mins of research to understand the project fully. TLDR is that the arbitrage mechanism will burn the supply like crazy.

>Been with this coin since .006
>will still be with this coin at .06
>will still be with this coin at .60
>will still be with this coin at 56$
>Never selling

>>24357117
>>24357488
kek RSRetards are the biggest smoothbrains in crypto

>>24360419

>>24356746
XLM did like a 40x in the 2017 bull run.
A 40x would be great bros, I'm comfy

>>24357523
Price projections show that it could be as high as $56 by year 5. Considering we aren't even in year 1 of mainnet, we'll have to see how well this projection holds up.

Shitcoin underperforming the market

>>24360509
Year 9***

>>24360536
zoom out
rsr pumped before most other coins

>>24360536
Look at this literal retard. Zoom out

down you go. imagine holding this garbage lmaoooo

>>24361028
You had 2 years

>>24361028
why do you like staying poor?

>>24356908
>>24356955
DEBUNKED

>>24357816
holy shit do some fucking research none of that was true

>>24361812
>holy shit do some fucking research none of that was true
he was talking about eRSD...

>>24358256
>It takes a certain type of man to hold RSR
11k here, may I have a seat?

>>24356746
>libra launching in january
It's unironically over for RSRtards

>>24361909
Imagine thinking Libra is not good for Reserve

>>24361909
this is unironically bullish for RSR

Rsr is going into closed beta on 30th it's an exchange app. It's major market is Latin America where hyperinflation exists. It allows people to buy crypto stablecoins very easily, even more easily than buying usd with PayPal in these countries. Plus the tx fees are a lot cheaper for them too. Hyperinflating peso to stablecoin and back when needed. This allows normies to actually get ahead.

The transaction fees of app go towards the market cap of RSR. In the future owners of RSR will be able to do an arbitrage loop to maintain stability of Reserves RSV stablecoin. The numbers aren't out but it looks like 1% ROI per loop. There are concerns that rsr has too much potential supply (10trillion tokens) but the market cap needs to be above a certain amount of gwei (~$40Bn atm) for new RSR to be minted according to code. When doing an arbitrage loop the rsr is burned and you're given RSV which gives profit. Then you can buy more rsr and do it again.

Depending on how much the market pegs RSR to RSV, it could become a pseudo stablecoin at 1USD of buying power. Depending on the speed of the arbitrage loops it could go much higher though. And if the consumer app adds in anything about investing in RSR to make extra cash the demand will be crazy

>Hurt durr they'll use usd/tether
The banks and governments are deeply mistrusted by citizens in hyperinflation countries. Because the buying power of their currency drops 20 to 40% every month everyone is trying to buy USD. Foreign exchange companies charge 30% to do a transaction. If they deposit 100 USD they get 70 usd. And the demand is so high none of them even have USD down there. With the reserve app they keep ~99%. PayPal can lose a shit ton of money holding the currencies as well, so they're deeply restricted and have similar rates. RSV is intended to be a true stablecoin with no inflation. Pegged only to buying power. Usdt/usd is inflationary as well. the reserve protocol has multiple stages and decouples from USD

>>24361902
Go sit in the corner RSRlet

>>24362207
>Rsr is going into closed beta on 30th it's an exchange app
That's RSV in the app and it doesn't even use blockchain for now.

I have a question. Why would the price of RSV ever exceed the price of a USD? From what I understand, RSR "stabilizes" the cost of RSV to protect it from inflation. But why would anyone purchase RSV for an amount greater than USD? It seems to me that the function of RSR is to simply keep RSV's price from going down, which means the value of RSR is simply going to decrease with time. I've never gotten a satisfactory explanation for this other than "hurr read the white paper." But this question is something that I have after reading the white paper.

>>24362410
RSV will only be traded above $1 if the market crashes hard like in March and people rush to stablecoins to exit the market.

>>24362405
Yes the reserve crypto exchange app is going into closed beta on Monday. The app exchange fees get sent into rsr market cap
>>24362410
RSV will be pegged to USD. Then after the system is stable, pegged to buying power. At which point the inflation of the USD over years will cause it to become less valuable than RSV.

>>24361861
I know, I fuck with both rsr and ersdl

>>24362705
Wait you actually fell for the scam? Sell before its too late. They have a telegram with a timeline of when to dump and shill here. I can send you the link if you want

>>24362703
You didn't answer the question. Even if it's pegged to something else it will never be traded above it's peg unless rare market crashes.

>>24362878
Congrats you just invented stablecoin mechanics. Yes RSV is a stablecoin and will not go up in value.

>>24362978
Then why will RSR?

>>24357816
>he didn't buy Reserve before Uniswap even existed

NGMI

>>24362978
Because using RSR to raise RSV back to $1 gives you profit and RSV and burns some RSR. The amount of circulating RSR goes down. If you use your RSV+profit to buy RSR to do it again:
Supply goes down and demand stays the same.

>>24363146
>>24363003

>>24361909
I can see it now “Can RSR hold up to Libra?”

Free advertising gonna but both

>>24363146
So the arbitrage process burns RSR when RSV is below $1 and mints it when it's above?

back under 110 sats lmaoooooo

>>24357816
>Red flag 5: No backers.
bold face lie. a lot of big money backing this from media companies and silicon valley, its a collab

>>24363263
1936 image is fake

>>24359110
>ID
You're actually so smelly. Please go have a shower

>>24356932
Coinbase listing doesn't do shit, this isn't 2017 anymore

>>24356932
damn dude, that's been going on for months. I took mine out before the dumpening during summer.

>>24365511
coinbase listing in a bear market wont do shit, you're right, but we're about to enter the biggest golden bullrun since 2017. when the golden bullrun begins the lowest priced coin on coinbase will pump the hardest as newfags jump into "cheap" coins so they can buy "more" for less money. rsr will 100x

>>24357816
>only listed on uniswap
Token has only been circulating for a couple months. rushing into exchange listings can do more harm than good. Everything else in your post is fud that has already been addressed multiple times over by the devs themselves, dyor

>>24364330
Coca-cola did work with the nazis though. they did and do play both sides