/biz/ - Business & Finance

people like to relax during the weekend

>Thiel cashes out at 0.0314 in August
>Non existent social media presence from Reserve team
>Other investors waiting for wallets to unlock so they can immediately dump
>project literally dead on arrival
>Rajeet still fomo in December

price hasnt moved much tho

>>24763534

Bullish

>>24763727
>Thiel cashes out at 0.0314 in August
source: trust me bro

>Non existent social media presence from Reserve team
literally posting on telegram and twitter constantly

>Other investors waiting for wallets to unlock so they can immediately dump
investor and dev tokens locked until 6 mo after main net. read the white paper

>project literally dead on arrival
wut

>Rajeet still fomo in December
yes and so will many others. iykyk

>>24763863
we saw a preview of the fomo two days ago when it pumped 15% in a matter of minutes from the latest paypal rumor.

>>24763534
Insider here with some valuable information. Just got a phone call from a colleague of mine. He said there were some huge contracts and deals that were signed with RSR, but there were some legal stipulations involved, and now everyone is pulling out. The situation is looking grim. RSR will most likely pump to .03c short term, then crash back down to .0005c and ultimately fizzle out and die. I'm just sharing this info with people because i sincerely care about the welfare of everyone and their families whom are involved.

>>24763885
Wow. I've been hearing this circulating on the discords, nice to hear it confirmed here.

>>24763885
source: deep inside my anus

whats happening in december?

>>24763885
>RSR will most likely pump to .03c short term, then crash back down to .0005c

>>24763933
monday they're integrating paypal into the rsv app for existing users. nevin confirmed they're in talks with paypal itself for future integrations but that wasn't the news. the news was that they (rsv app) is integrating paypal features for existing users within the app to make it faster for them to buy rsv using paypal and it was misinterpreted that paypal itself was going to add rsv to the paypal app (which is possible in the future but not confirmed yet).

what this did confirm was that they ARE in fact in talks with paypal directly which is still big news considering that they're still in beta. i can't imagine what might happen when they move out of closed beta and into open beta.

i don't believe rsrdev is legit, im pretty sure he's just a larp BUT that doesn't mean there can't be some big news around the corner with regards to paypal or coinbase. just be ready for it because when something gets announced we're going to see a lot of fomo. we just experienced a small preview of whats to come. 5 to 10 cents easily with coinbase listing.

>>24763885
>>24763898
samefag nigger

>>24764034
of course. just look at the timestamps. it just goes to show how desperate these fud niggers are.

>>24764011
checked. who is rsrdev?

>>24764034
Oh shit I've been found out.

>>24764061
just a namefag that claims to work with the team. i mean, i dont care if he's real or a larp, but i wouldn't gamble based on his info, all i know is that im keeping a comfy 500k bag of rsr no matter what happens.

>>24764083
stop fudding and keep buying. we all know this shits about to fucking explode any day now. the simulation is keeping track of your bad karma faggot. kek

>>24764125
There is no greater joy than getting everyone riled up over stale fud when you hold your own bag. RSR is going to be a big winner but I don't see it blowing up until mainnet releases next spring so we all might as well stay comfy and enjoy ourselves in the meantime.

>>24764061
a particularly convincing LARP that claims to be an RSR team member working in Europe. he shows up from time to time in RSR threads w/ a trip and plays coy w/ various RSR news. he hasnt been around for a few weeks (that i've seen) but he has had some semi-credible inside info that he has dropped in breadcrumb form.
RSRdev said that dec was a big month for RSR, that coinbase listing is guaranteed in Q1 2021 and that main net launch was still on-track for release on a similar timeline.

>>24764097
>>24764163
thanks

>>24764242
i hope he's not a larp. if he's right about this month it's going to be a very good christmas for me

>>24764163
Can confirm main net is fully programmed and tested ready for release. Just need a large user base before we push it. Judging from our close beta feedback we should reach mainnet targets within a few weeks of wide release. Half the close beta feedback we get is just users begging us for keys for their family and friends. Mainnet may even release mid February.

>>24764150
FUDfags are cancer. im holding 2m+ and just patiently waiting. ive been in since .002 and will hold until im a multi-millionaire or it goes to 0. RSR is unFUDable. this is the one

>>24764381
you forgot your trip

>>24764381
thanks for the update anon.

>>24764402
It's a guilty pleasure, I also try to pump it as well and in fact created both the meme and copypasta in the image you posted. I don't think fudding makes any kind of difference since this project is a sure thing.

>>24764842
the flaw with this logic is that this project requires users of the app to trust the company so fudding company (the team) makes it feel less trustworthy for app users that need to trust that they wont run away with all their money. once the app is trustless (using blockchain rsv) then by all means, fud all you want. until then, you are just hurting the app and adoption of the app which hurts rsr.

>>24763534
Just as my economist friend at Princeton/MIT/Nintendo predicted.

>>24764908
If /biz/ fud actually mattered then LINK would still be under a dollar

>>24764951
link doesn't rely on app users from south america that have been fucked over by companies for years. they don't have normie end users, just a bunch of companies and autists from biz. it's not a valid comparison in my humble opinion.

>>24763741
in many cases volume is a greater indicator than price in the short term. Fine with RSR trading sideways if the volume wasn't absolutely plummeting.

The dipping volume + the recent Google search volume is extremely concerning.

>>24766055
some transparency OP. Are you holding a bag?

>>24766117
500k or so. I hold a dozen coins or so, volume is a big indicator for me.
>worried

I feel horrible because I just told a new friend that this wouldn't be a horrible alt coin to get into even if im not in it
sorry bro

Fudding is just a way for swingies to lower the price and pick up more rsr.

>>24765006
LINK does not have normie end users either and was designed entirely for institutional use. I don’t think what you’re describing is an issue when the team has access to the investors and institutions like Davos that they do.

>>24766150
yeah fuck off you lying dog cunt

>>24766150
Its trending down and being stopped by it. Volume is low and reaching a support of 0.0175. It has hit this price a number of times and breaking through might possibly mean falling to 0.012 unless stopped by any other supports.