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15615773 No.15615773 [Reply] [Original]

Seems like it's headed up, is this an actual good coin to get into?

>> No.15615833
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15615833

>>15615773
>He doesn't know

>> No.15615849

>>15615773
i'm all in desu. there are hardly any player in the stable coin market.

>> No.15615852

>>15615833
Perhaps I was being a bit untruthful. I'm already in, but I want to know more about the coin.

>> No.15615883

>>15615852
RSR/RSV is a system that uses multiple tokens to keep one token stable. RSR is used for arbitrage in this system and price projections range from $1-$10.

RSV will be the next generation stable coin backed by multiple currencies and supported by Coinbase.

Early investors include Coinbase Ventures, Peter Thiel, Sam Altman, Digital Currency Group, Crypto Lotus, Refactor Capital, Jack Selby(Paypal founder), Distributed Global and many more.

As for Coinbase? Everyone knows they list what Digital Currency Group tells them to.^^

They have former SEC commissioner on their board.

8 billion RSR will be burnt to back RSV during the launch cycle so RSR is deflationary.

Mark Carney, the current governor of the Bank of England specifally identified the dollar's status as the world's reserve as something that needs to be replaced by a form of digital currency similar to Facebook Libra, believing that would be a better option than letting another fiat currency like the renminbi replace the dollar.

Their mobile app is releasing next month and will be testing in hyperinflationary environment.

Coinbase Ventures are EQUITY investors/owners, making it clear that RSV/RSR is going to be the first next-generation stable coin system listed on Coinbase.

The whitepaper suggests anywhere from $1-$10 but we won't know for a while yet.

>what blockchain does it have/use?
RSR and RSV will exist on Ethereum first, but are designed to work across multiple chains the way FTM is on Binance and Ethereum. This seems like the next thing. Multichain token projects. If Ethereum goes south then it will just burn tokens on that chain and move them to Harmony, Cardano etc.

Unironically supported by the moguls of Silicon Valley (Paypal, Coinbase, Palantir, DGC).

>> No.15615900

>>15615883
Ah backed by coinbase, but when is it going to be in coinbase proper? Seems pretty weird that they wont add it to the list of coins you can buy on sell on their app. despite having backed it.

>> No.15615903

Just picked up 1.1 mil, just wanted to confirm some upward movement before committing.

All in with 2+ mil RSR

>> No.15615908

also seems to be up 10% since the bottom. Pretty significant

>> No.15615922
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15615922

>>15615908
Nice. I mean getting in at 1/4 of a cent feels pretty effing comfy.

>> No.15615939

So stoked for Reserve but I wish they'd fucking launch aleeady

>> No.15615940

>>15615773
how much do i need to make it

>> No.15615949

>>15615908
App beta launch and RSV launch within 14 days

>>15615940
I'd say 1 mil if you want to make it in 2020, 500k in 2021

>> No.15615963

>>15615940
At least 1mil. At $10 you pretty much made it.

>> No.15615969

>>15615900
The shills are counting every notable individual, business, or website that has ever acknowledged rsr's existence as backers. I think this coin has potential, but both the shilling and the fud have been retarded lately.

>> No.15615980

>>15615773
why do I read on analytical websites that this coin will fucking dump? Why should I believe you over them?

>> No.15615985

>>15615773
do i have to be in moonruneland to get in on this

>> No.15616004

>>15615985
nah just use simpleswap if you're in the US

>> No.15616014

>>15615985
simpleswap is where i got my coins. But be warned, if the coins take too long to clear you will have to contact support. Luckily they answer at lightning speeds.

>> No.15616026

>>15615949
rats only got 150k of rsr. Ah well I'm not gonna fomo into something I don't know much about.

>> No.15616029
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15616029

>>15615980
source, nigger.

>> No.15616040

Either way 500k RSR = $1.3-1.5k atm. Not saying it isn't a lot of money but even in the worst case scenario (if it goes to 0), you wouldn't be JUSTed by it for life. And if u can make a lot from it, then it might be worth a gamble

>> No.15616048
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15616048

Huh what the fuck was that wick?

>> No.15616065
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15616065

>>15616048
Looks like a 15mm market buy right thurr

>> No.15616347
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15616347

And it stuck too.

>> No.15616353

really big green candle, wonder where it'll go after.

>> No.15616360
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15616360

>>15616048
>>15616065
>>15616347
OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>> No.15616371

What if it;s just guy on biz who bought this huge stack only to Domp It it in a sec? Would be pretty funny.

>> No.15616377

>>15616371
Good idea just to hold until coinbase listing then dump after cb pump?


Is that the game plan for everyone here?

>> No.15616380
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15616380

>>15616371

>> No.15616392
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15616392

>>15616380

>> No.15616395
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15616395

>>15616380
AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>> No.15616399

>>15616377
maybe if I truly believe in the company, dumping a good amount, but hodling the rest might be a plan

>> No.15616426

>>15616399
Another plus is that I can dump my coins on coinbase instead of simpleswap.

>> No.15616751

Will I still make it with 500k?

>> No.15616756

Oh nvm, I see it was asked already

>> No.15616771

>>15615849
yeah cause its bullshit

also RSR is fucking scammy af
this was being shilled on biz in threads full of memes and hundreds of unique IPs, with only a few hundred holders onchain.

The whole thing reeks of an outsourced marketing operation.

Watch, they'll say this is FUD and call me Nevin or some shit. Like clockwork.

>> No.15616795

>>15616029
just google "rsr predictions" https://walletinvestor.com/forecast/reserve-rights-prediction

i mean it varies a bit too.. idk what to buy anymore

>> No.15616813

>>15616795
Dude these literally change on a dime. This isnt what anyone meant by dyor

>> No.15616827

>>15616813
what do they mean then? just read whitepapers? Like what else can you even look at really?

>> No.15616830

>>15616795
That's algorithm-generated SEO garbage.

>> No.15616847

>>15616827
Every thing is speculation, we'd all be millionaires by now if we knew exactly what coin is best to invest in, sometimes just publicity is enough to drive the price of a coin up, sometimes even a good project dumps...

>> No.15616849

>>15616827
Just look at long term TA charts to determine if something is worth trading or not

>> No.15616863

>>15616795
Well considering the price has gone past the bollenger bands for this particular chart... seems like they're using questionable predictive measurements.

>> No.15616868

this isnt going over .005 this year though.

>> No.15616875

>>15616868
it's going over .005 in a matter of days

>> No.15616882

>>15616875
I pray you are right, friend

>> No.15616927

>>15616751
no

>> No.15616963
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15616963

>>15616927

>> No.15616965

>>15615900

It's not currently listed because the project isn't finished yet. Expect Coinbase listing some time next year when the arbitrage protocol is live.

>> No.15617078

>>15615883
The $10 was a mistake and has been removed, as Nevin mentioned during the AMA

>> No.15617119

>>15616795
Stop thinking like a fucking robot, mate. Do you actually think you can spot huge technological successes by scavenging for them with super-institutional stock market methods?

>> No.15617123

>>15616771
RSR is literally my first coin I've owned outside of flipping on Robinhood.

>> No.15617127

>>15615852
You’re sitting on a throne of lies.

>> No.15617141

>>15617123
Same here

>> No.15617200

hope you guys bot the bottom last week. look at chart. we are about to blast off

>> No.15617509
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15617509

>>15615773
Comfy

>> No.15617524
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15617524

>>15615883

>> No.15617569
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15617569

>>15615883
Sound familiar? Don’t underestimate the power of collective thought, biz needs to dig in deeper and support this way more instead of focusing around a mission that already has been successful, this is the next moon mission boys