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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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File: 104 KB, 837x526, reserveandlink.jpg [View same] [iqdb] [saucenao] [google]
13793545 No.13793545 [Reply] [Original]

Imagine not listening to me yesterday when i shilled you this. you fucking idiots i made thousands overnight hahahaahha

>> No.13793567

>>13793545
SHITCOINS BOW IN THE PRESANCE OF CHAINLINK

>> No.13793577
File: 11 KB, 645x773, 1527151083751.png [View same] [iqdb] [saucenao] [google]
13793577

>(or a similar solution)
guys?

>> No.13793578

Chainlink new best friend

>> No.13793597

>>13793545
Sold all my link and bought RSR this morning. Mainnet can't save it, it will be 70c EOM

>> No.13793600

reserve and chainlink are having discussion soon

>> No.13793621

>>13793597
Unironically part of my thinking although im not swing linkie scum like you. I was going to shift more BTC to LINK but figured ill channel it via RSR as that's more likely to shoot during the next week.

>> No.13793630

>>13793621
>Swing linkie scum
I'm not going to lose money because some retard cult follow a rapidly dumping shitcoin

>> No.13793644

>>13793545
God DAMN this is some good shit.
Reserve stablecoin is pretty damn big.

Is this new?

>> No.13793651

>>13793644
yep. listed yesterday. backed by major players in the industry. it's the next maker dao this is top 20 potential

>> No.13793664

>>13793651
>it's the next maker dao
Dao is also using Chainlink btw.

>> No.13793692

>>13793651
Source for your OP pic?

>> No.13793816

>>13793692
Found it myself faggit.

https://reserve.org/whitepaper.pdf

>ctrl+f: 4 results

>> No.13793834

>>13793545
Did they unironically manage to pull out a pump and dump on a stable coin? Crypto never ceases to amaze me

>> No.13793836
File: 130 KB, 640x1136, that good.jpg [View same] [iqdb] [saucenao] [google]
13793836

>>13793545

Truth...

I'm surprised that /biz/ hasn't jumped on RSR yet... Seeing as it's tied to Chainlink, and is one of the best projects that will rely on it.

RSR and Chainlink can rise together. So it's a good idea to support both.

>> No.13793859

>>13793836
>Truth...
>I'm surprised that /biz/ hasn't jumped on RSR yet... Seeing as it's tied to Chainlink, and is one of the best projects that will rely on it.
>RSR and Chainlink can rise together. So it's a good idea to support both.
most of biz will be all in reserve soon.. what a fucking coin

>> No.13793873

>>13793834
>on a stable coin
>he doesn't know

don't tell him guys let him fomo in at 1 dollar

>> No.13793931

What exchange even has this? Delta?

>> No.13793956

>>13793931

https://www.hbg.com

If you are in the US, you'll have to use a VPN at your own risk.

It will be released to the open market (like their website says) - seemingly either this quarter or the.

Hbg is just being used for the IEO... Likely the price will pump once it gets listed on other exchanges.

>> No.13793989

>>13793545
Stop shilling.

Pajeets will catch up to this and ruin it

>> No.13794047

>>13793545
delete this i'm still accumulating

>> No.13794057
File: 1.65 MB, 2250x1730, RSR investors.png [View same] [iqdb] [saucenao] [google]
13794057

>>13793545
https://youtu.be/jydF88bwXco
ultimate comfy

>> No.13794100
File: 540 KB, 1072x1275, rsr overview.png [View same] [iqdb] [saucenao] [google]
13794100

>>13793931
use my ref code fren:

https://www.huobi.co/en-us/topic/invited/?invite_code=vmci4

>> No.13794128

>>13793873
Do not recycle memes/pastas, have some originality. This new trend of shilling shitcoins by sucking from link's dick is cringe af and totally ineffective. You're in the same boat with RLC and LIT and will share the same fate. Warned

>> No.13794185

>>13793545

Assuming I can figure out how to buy this chink shit what wallet will hold it?

>> No.13794211

>>13793545
do I sell link to btc, then transfer btc to huobi and buy rsr?

>> No.13794228
File: 900 KB, 1037x1566, rsr introduction.png [View same] [iqdb] [saucenao] [google]
13794228

>>13794185
erc20 token
you eth wallet will hold it
here's the contract address:
0x8762db106b2c2a0bccb3a80d1ed41273552616e8

here's the link to the token page on etherscan:
https://etherscan.io/token/0x8762db106b2c2a0bccb3a80d1ed41273552616e8?a=0x7d6f9c1ac2c86575dba42ac7c587d5d2dc04103a

>> No.13794233

>>13794228

Ty sir

>> No.13794237

>>13794211
Lmao Pajeets you aren't fooling a single white Linkie

>> No.13794238
File: 709 KB, 1051x1510, inflation.png [View same] [iqdb] [saucenao] [google]
13794238

>>13794211
huobi only trades rsr/btc
you will need btc to buy
I deposited some eth to my huobi wallet
traded it for btc on huobi
then bought rsr

>> No.13794256
File: 1.73 MB, 1377x5000, 4477C7D5-4A6C-4E36-A43E-19EE01418BB1-28032-0000226E385F1622.png [View same] [iqdb] [saucenao] [google]
13794256

>>13794237
don't need to touch link if you're holding some eth
>mfw one of the original 186 on linkpool
>mfw 50k linkies
>mfw 400k rsr

>> No.13794359

>>13794211

You can buy RSR using BTC or USDT on huobi.

>> No.13794374

>>13794238
>huobi only trades rsr/btc

No, it also trades RSR/USDT

>> No.13794382

>>13793956
>https://reserve.org/whitepaper.pdf
What is the value proposition for this? It is meant to be a stablecoin? I know it is greatly discounted at IEO/Huobi Prime listing rates, but what is the intended valuation?

>> No.13794402

>>13793545
Quick LINK marines, I need your best and most classic FUD, i haven't seen my favorite about the nodes being attacked and shutting down in over a year

>> No.13794453
File: 55 KB, 540x657, sharp3.jpg [View same] [iqdb] [saucenao] [google]
13794453

>>13794382

This is the RSR token, used to stablize RSV (the stablecoin), also RSR will be needed in order to purchase newly minted RSV.

So the value of RSR is dependent on the market.

RSR is what is being sold on Huobi... Not RSV (the stablecoin).

Reserve is releasing a precursor to RSV called RSD in 2019. So, it seems like we will be able to buy RSD before it hits the open market, if we have RSR.

>> No.13794569

brainlet here, did i understand correctly that the value of rsr increases when more people use the stable coin? how exactly does it work? explain for brainlets pls, i'm too exhausted to read this shit but wanna throw in 2 btc if it sounds good

>> No.13794620

>>13794569

Value increase of RSR is dependent on the market.

The incentive to have RSR is that RSR holders can buy newly minted RSV (the stablecoin) directly. Whereas non RSR holders will have to deal with exchange fees, in order to get RSV.

RSR will also be used to devalue RSV whenever, it's prices spikes above $1, by being sold off.

RSR to RSV is basically MKR to DAI.

>> No.13794627

>>13794374
this is true

>> No.13794726

>>13793545

Its already 58 sats. Am I to late to buy?

>> No.13794730

>>13794726
yeah, literal pnd shitcoin
buy link instead

>> No.13794739

>>13793545
fags actually stop shilling this. Pajeets will ruin everything...

>> No.13794769
File: 67 KB, 1280x1280, 23523263.png [View same] [iqdb] [saucenao] [google]
13794769

>>13794730

thx for the warning fren

>> No.13795045

>>13793836
>I'm surprised that /biz/ hasn't jumped on RSR yet
Its not listed anywhere outside Huobi so of course no one has bought it yet. Not even on coinmarketcap yet.