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14871476

RSR is a huge scam beware. Anonymous Fri Jul 19 06:37:20 2019 No.14871476 [Reply] [Original]

Stablecoin muh backed by USD can't be converted for usd 3B circulating supply 100b total supply, stabilization mechanism inexistent, they just say if it's above 1.00 you can buy and make arbitrage, kek you can already do that with real stablecoins.
RSR is a scam guys, HAVVEN protocol v2, I warned about havven last october and they scammed in January, beware, anyone with a basic knowledge in economics can see it's not a feasible mechanism, is just a shit token that does not have utility other than enriching devs.
It's so obvious, what is the utility of RSR? Arbitrage can be made with any coin, they have no USD reserve, they never gonna make a stablecoin and prove the backing. It pumped a bit and now it's already down 20%, dev are filling their bags, I wouldn't care but I hate scams, I have a BSc in Economics and i can easiliy see through this shit. SCAM

>>	Anonymous Fri Jul 19 06:38:55 2019 No.14871497 3B circulating 100 total, how can't you see this? Check the mechanism, it doesn't make sense, for real guys, is /biz/ that stupid?

>>	Anonymous Fri Jul 19 06:44:08 2019 No.14871544 >>14871476 actual circulating supply is 6.3 billion but okay. since you didnt know that little fact, im just guessing everything else you said is also wrong.

>>	Anonymous Fri Jul 19 06:45:54 2019 No.14871556 >>14871544 checked.

>>	Anonymous Fri Jul 19 06:46:04 2019 No.14871558 >>14871497 Sounds like an easy road to hyper inflation or back-door profiteering.

>>	Anonymous Fri Jul 19 06:48:16 2019 No.14871586 >>14871558 fuck nigger

>>	Anonymous Fri Jul 19 06:51:27 2019 No.14871618 wow this post is actually retarded. You realise once people start using the RSR to buy RSV the RSR gets burned right? Millions and millions are gonna start being burned very quickly once RSV is issued

>>	Anonymous Fri Jul 19 06:59:26 2019 No.14871685 >>14871476 Time to sell, looks like the redditors have found Rsr.

>>

Anonymous Fri Jul 19 07:14:27 2019 No.14871811

>>14871618
How do you retrieve USD for it?
It's the same shit over and over, you can convert 1 Havven USD stablecoin for 1 USD worth of havven, this is just the reverse engineering of that, economic models for stablecoins are not like that, kys brainlet

>>	Anonymous Fri Jul 19 07:15:55 2019 No.14871827 File: 17 KB, 834x343, whythefyoulying.png [View same] [iqdb] [saucenao] [google] >>14871544 Mmmm oh my god, stop fking lying https://www.youtube.com/watch?v=G9dSGaDad_4

>>	Anonymous Fri Jul 19 07:17:03 2019 No.14871836 Enjoy your RSR scam, see you after exit scam, don't tell me I didn't warn you, cap this.

>>	Anonymous Fri Jul 19 07:30:16 2019 No.14871967 >>14871476 very big group shills happening with RSR. agreed. dreadful all around. Buy TRV. Ride the coat-tails of new global Asian elite.

>>	Anonymous Fri Jul 19 07:49:19 2019 No.14872158 File: 124 KB, 1280x720, maxresdefault.jpg [View same] [iqdb] [saucenao] [google] >I have a BSc in Economics Disco tranny confirmed

>>	Anonymous Fri Jul 19 09:01:32 2019 No.14873028 >>14871827 actual circulating supply on coinmarketcap has been incorrect for about 20 days now. because you didn't know that, im assuming you really are as retarded as i think you are. check the supply on coingecko and have your mind blown, faggot

>>	Anonymous Fri Jul 19 09:02:33 2019 No.14873045 >>14873028 Fuck off cunt, enjoy paying the dinner for RSRfags

>>

Anonymous Fri Jul 19 09:04:48 2019 No.14873067

>>14873045
see, and there you go proving that my assumptions regarding your low level of intelligence were entirely accurate.
im rarely ever wrong about any investment and my networth testifies to that fact.

and out of 2019, the easiest call there has been so far has been RSR.
i sincerely hope your posts are genuine and that you really are going to miss out on the easiest gains of a crypto decade.

>>

Anonymous Fri Jul 19 09:15:41 2019 No.14873194

>>14873067
Nah, I don't waste time talking with you, I've done my job, smart anons know their shit, read the whitepaper and you'll see is all smoke, RSR has been issued before the stablecoin because there will be a big exit scam, there is not mention of redemption RSV to USD, that's a big redflag, along with the muh "arbitrage" opportunity of a utility token that is just a ponzi scheme, Havven Protocol V2, that is it. Bitch. ANY ANON READING THIS DYOR and save your money before it's too late.

>>	Anonymous Fri Jul 19 09:16:50 2019 No.14873210 >>14873067 >easiest gains of a crypto decade. Lol really. so desperate. just KYS faggot

>>	Anonymous Fri Jul 19 09:22:08 2019 No.14873262 Note nobody is answering about redemption for real USD

>>	Anonymous Fri Jul 19 09:23:09 2019 No.14873271 DECENTRALIZED STABLECOINS ARE A MEME, the only way is algo based, if it's FIAT backed you need a reserve and redemption, FUCKING SCAMMERS I HATE THESE KIND OF FAGGOTS ACTING ALL HIGH AND STUFF WITH VAPOURWARE

>>

Anonymous Fri Jul 19 09:30:27 2019 No.14873344

>>14873262
the whole point of RSV in general is to replace failing hyperinflated fiat currencies.
the USD is a failing currency, it wont make it even another 30 years at its current rate of inflation.
hence, there is no point to redeem RSV for USD.

>>14873210
your mother is a whore.

>>

Anonymous Fri Jul 19 09:37:02 2019 No.14873417

>>14873344
>replace failing hyperinflated fiat currencies.
Muh, shitty project claiming to replace USD with a USD backed stablecoin that can't be redeemed.
Getting off the peg, lol, just fucking KYS faggot
I know you're one of their shills, I'm addressing this to US Authorities and they'll close your shitty scam.

>>	Anonymous Fri Jul 19 09:43:32 2019 No.14873489 File: 27 KB, 1081x447, lol.png [View same] [iqdb] [saucenao] [google] >>14873417 When I finish my explanation and click submit, RSR devs will be arrested

>>	Anonymous Fri Jul 19 09:53:20 2019 No.14873607 >>14873271 It's backed by other tokens and assets besides fiat retard.

>>	Anonymous Fri Jul 19 09:57:47 2019 No.14873656 File: 51 KB, 1181x179, rsr.png [View same] [iqdb] [saucenao] [google] It's over RSR fuck you scammers

>>	Anonymous Fri Jul 19 09:58:50 2019 No.14873668 >>14873607 No redemption, no right. Fuck you faggots

>>	Anonymous Fri Jul 19 09:59:53 2019 No.14873683 >>14873656 Peter Thiel and Coinbase are already investors. Peter Thiel literally holds RSR. 1/10 I responded.

>>	Anonymous Fri Jul 19 10:09:15 2019 No.14873804 >>14873683 SEC will see through your little scam. There is no statement about coinbase investing, other than RSR website and contributors press. All videos comments are disabled. This smells shit and SEC will figure out your little ponzi. Faggots.

>>	Anonymous Fri Jul 19 10:14:42 2019 No.14873878 >>14873804 Why are you so mad? Lmfao poor bagholder watched all his shitcoins go to zero sats and now he's projecting his anger onto every other crypto project.

>>	Anonymous Fri Jul 19 10:14:55 2019 No.14873881 This thread and its desperate OP reeks of pajeet

>>	Anonymous Fri Jul 19 10:23:01 2019 No.14874019 >>14873878 Nah, I don't buy shitcoins, I hold FTM since 4m cap and Qnt since 15m cap, FUCK OFF

>>

Anonymous Fri Jul 19 10:26:04 2019 No.14874069
File: 1.78 MB, 320x240, sno8UK.gif [View same] [iqdb] [saucenao] [google]

>RSR is a scam guys!
>I know because I did two years of general education and took a few econ classes
>one of the biggest corporations in the world is copying it

Haha. Time to go from captain to major

>>	Anonymous Fri Jul 19 10:30:00 2019 No.14874140 >>14874069 GG EZ MAN, you'll be major bankrupt in 6 months

>>	Anonymous Fri Jul 19 10:58:43 2019 No.14874531 >>14873489 lol you taking time out of your day to actually do this, that shits just sad man

>>	Anonymous Fri Jul 19 12:12:28 2019 No.14875646 >>14874531 Yeah cuz there is a reward for whistleblowing and cuz I have passive gains so everything is fine.