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/biz/ - Business & Finance

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15657579 No.15657579 [Reply] [Original]

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.

Unironically supported by the fucking moguls of Silicon Valley.

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.

>> No.15657612

>>15657579
Stop posting these threads faggot. There’s already three others you can go shit in.

>> No.15657628

>>15657579
i buyed this coin a lot sirs i hope it will make me rich a lot

>> No.15657637

Somebody help me understand the supply. Why is the circulating 25x less than the total?

>> No.15657645

>>15657637
yes very good supply on this token sirs

>> No.15657670
File: 289 KB, 1200x600, 15456746410780.jpg [View same] [iqdb] [saucenao] [google]
15657670

>>15657579
isn't that beautiful, our future, RSR holders

>> No.15657673

>>15657645
Seethe fuckers. This is going to create a new generation of millionaires and allow us to escape the crumbling central banks.

>> No.15657692
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15657692

>>15657673
Absolutely deluded. Get a job.

>> No.15657731

>>15657692
if you don't have a 1m suicide stack, you're unironically going to want to hang yourself in 18 months

>> No.15657738

>>15657692
I might hire you to wash my children's asses after changing their diapers

>> No.15657768
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15657768

>>15657692
born to crawl cannot fly, enjoy being poor

>> No.15657775

>>15657731
Enough make believe, son. It’s time to ascend the basement stairs and find some gainful employment.

>> No.15657781
File: 19 KB, 216x233, rsrretard.jpg [View same] [iqdb] [saucenao] [google]
15657781

>>15657579
imagine buying this shitcoin

>> No.15657793

>>15657637
because the protocol is set to become a fully automated system that uses real world data to make decisions about how much to mint and how much to store in the vault by the vault manager. having an excess amount of supply that wont be dumped is crucial for this. the fact that brainlets are hung up on this makes it that much more bullish. 55% of the supply is locked in a slow wallet/smart contract that can't be "dumped" like some fud niggers claim. once rsv hits all major exchanges the team can also arbitrage their RSR which will further burn the supply and increase the value rather than reduce it like with traditional dumping methods where the price dips because of an excess of supply. some rsr will be sold into the circulating supply undoubtedly while some will be kept to arbitrage. the team knows that the less supply is able to be dumped by whales the better it will be for everyone involved with the project so keeping a high amount of the supply will only benefit RSR holders and arbitragers.

>> No.15657795

these pajeets are worse than arkies

>> No.15657815

>>15657793
you said that about skycoin

>> No.15657828

>>15657815
what the fuck is a skycoin, get the fuck outta here with your nigger tier projects that had no backing from anyone of note.

>> No.15657912

>>15657793
Let’s quit helping them. Most anons that can think for themselves are aware of Reserve. Our job is done. Now we mostly see butthurt seething linkers trying to feel better while getting skeeted on daily.

>> No.15657985

>>15657912
but i like rsr threads... its the only reason iìm on biz

>> No.15657988

>>15657912
you're right. this is the last week of accumulation anyway. most of these niggers will be priced out in a few months. but at least i can say i tried my best not to be a fud nigger and give them all an opportunity of a lifetime.

>> No.15658035

>>15657988
>this is the last week of accumulation anyway
I can’t wait to watch RSR dump next week. Nobody has spammed this board harder than paid reserve shills and their naiive marks.

>> No.15658099

>>15658035
No one has been paid to shill this you retard. This is what actual interest looks like. Let’s price these niggers out now. Get fucked and keep buying zero volume scams like sent

>> No.15658117

>>15658099
notice how the fud changes from the team has no marketing to they're paying a bunch of shills. such low effort frens

>> No.15658148

>>15658117
Fodders belong in the ninth circle of hell, frozen in the ice for their treachery and uselessness

>> No.15658163

>>15658148
FUDDERS

>> No.15658226

>>15658148
>>15658163
Looks like your English still needs a bit of work Rajesh.

>> No.15658529

>>15658226
>bizchad makes a typo
>Ranjeet is triggered and seizes the opportunity to belittle him, assuming one of his countrymen can't spell.
Just go back to r/cc, sir.

>> No.15658546

>>15657579
that there is a HondaJet, for poor people.

>> No.15659146

>>15657775
get the fuck out of here boomer

>> No.15659219

is this coin still crabbing?

>> No.15659230

>>15659219
This scam has never done anything but crab.

>> No.15659251

>>15657793
Cheers anon

>> No.15659260
File: 536 KB, 1242x1394, 1567439488922.png [View same] [iqdb] [saucenao] [google]
15659260

>>15659230
wait for coinbase to buy some anon

>> No.15659445

>>15659260
You shitcoin will never be on coinbase.

>> No.15659666

>>15659445
>he doesn't know or he is just retarded
Anon, I...

>> No.15659700

>>15659666
Stop spreading lies, Satan.

>> No.15659862
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15659862

>>15659700
dubs checked but you cannot beat the power of my satanic trips of truth

>> No.15660093

How do I buy projects? I have coinbase.

>> No.15660286
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15660286

>>15657612
>>15657645
>>15657692
>>15657781
>>15657795

>> No.15660299

>>15657579
bought another eth worth today

>> No.15660808

>>15660299

Why? It's going to drop another 200 sats

>> No.15660875

>>15660808
Look who it is again, ID Heaven. I'm fed up with your shit faggot. The other day when you called me a newfag, yeah, haven't forgotten about that yet. Fuck you I've been on here for months and probably get on here more than you anyways. Don't you know that you make yourself look like a newfag when you call others newfag? Just because you learned how to hack your name and change it to "Heaven" does not give you the right to disrespect anyone at any time

>> No.15661461

raped a mother today
she was 53 years aold and baby sit 4 babys aged 4-6

the babies stayed in the base ment while i tooknthé bitch up the harse

she was hot like lene nystrom but i also made sure the kids were looked after with cat food etc

no humans were harmed but i fucked lene nystem about 100x times with my big white dick and she loved it so much

anyway im investing in RSR, dumped 1k USD in it

>> No.15661494

Worth it to drop $500 and wait for the first pump to cash out?

>> No.15661557

The amount of RSR threads is way too high to be legit. Someone is clearly paying someone to do all this daily shilling here. RSR is OK imo but this shilling makes it way too risky. I hope people won't fall for this.

>> No.15661621

>>15661557
you sound like a faggot.

>> No.15662301

>>15661557
If it does all the shit the shills claim, then it shouldn't need shilling at all. Which is why it's suspicious they feel the need to shill it.

>> No.15662377
File: 265 KB, 945x745, dontbuystaypoor.png [View same] [iqdb] [saucenao] [google]
15662377

>>15662301
it's safe to shill right now because it's not very likely to go parabolic yet unless something happens with other alts (alt season). i shill this because i want people to get in on it, i haven't sold any nor do i plan on ever selling since there's no need once arbitrage becomes available after mainnet. feel free to not buy any and stay poor though

it's also very possible for it to do a quick 2x or 3x after app releases this following week. but the real gains will be made after mainnet through arb. im done spoonfeeding you ungrateful faggots though. ill cap this and repost it when rsr does 1000x and you niggers get left behind. later nerds

>> No.15663245
File: 46 KB, 886x311, meme.jpg [View same] [iqdb] [saucenao] [google]
15663245

more memes.

>> No.15663293

Can someone explain to me what the hell that arbitage thing is? That thing that will stop people dumping?

>> No.15663317

>>15663293
imagine you are buying a coin for 0.2 cents that you wil be able to trade with tether 1:1. You are basically buying 1 USD for 0.2 cents.

>> No.15663350

scam token

>> No.15663355

>>15663317
Is there any staking though? Because what if I’m buying RSR for 5 dollars? What’s stopping me dumping?

>> No.15663386

>>15663355
it's not supposed to be above 1 dollar

>> No.15663560

>>15663386
White paper had an example of 10 dollars...

>> No.15663566

>>15663560
it was a mistake. the team corrected it themselves. At this point RSR is a safe x400

>> No.15664219
File: 6 KB, 415x81, RSR.jpg [View same] [iqdb] [saucenao] [google]
15664219

WHAT FONT IS THIS???
I WANNA MAKE RSR MEMES BUT I CANT FIND THIS TYPE OF TEXT

>> No.15664370

>>15663293
>>15663317
Don't listen to that retard. When RSV price goes above $1 - say $1.1, you'll be able to exchange $1 worth of RSR with RSV, which you could sell for $1, giving you a $0.1 profit.

>> No.15664536
File: 19 KB, 1270x170, 5c51f48854eb745d4c79449f_ReserveTextBlack.png [View same] [iqdb] [saucenao] [google]
15664536

>>15664219
NVM got it and here it is if someone else wants to make memes

>> No.15664598

>>15664370
And your profit gets wiped out by the commission and spread
Scam coin for brainlets

>> No.15664886

I reported in your mom

>> No.15664894

>>15664370
you didnt even read the newspaper

>> No.15664940
File: 87 KB, 320x415, ReserveVenn.jpg [View same] [iqdb] [saucenao] [google]
15664940

Ahhhhhhhhh RSV comes out in less than one week

My RSR boys, what are you gonna be doing to promote RSV usage?

>> No.15664952

>>15664598
Spotted the boomer. There's no commission or spread or fee in a smart contract. It's all very fundamentally simple, and if you read the whitepaper and blog posts you would probably agree.

>> No.15664982

so basically, this project differs from Tether and other stablecoins in that it won't try to mantain a 1:1 relation with the USD? also, if the value of the RSV is kept intact by fluctuations in the complementary tokens, doesn't that mean that the RSR will function like fiat in the sense that more tokens will eventually be created to keep the first one afloat?

>> No.15665040

>>15663386
thats RUSD/RSV

>> No.15665045

>>15664952
There’s still transaction fees and a spread u utter brainlet

>> No.15665050

>>15657579
The early investors will literally just be dumping on you. 4.3% of the total of tokens are circulating. Giant red flag.

>> No.15665058

>>15663566
so i'll only have $24 mill, hardly seems worth it!!?

>> No.15665145

>>15665050
>didn’t read whitepapers
>never gonna make it

>> No.15665193
File: 3 KB, 300x300, 5cd4ead690d2de5d99a7d5d7_RSV-stamp-black.png [View same] [iqdb] [saucenao] [google]
15665193

Why so much RSR fud recently? I don't get it

>> No.15665196

>>15657579
Literal shit coin with an absurd supply. Only 4% in circulation right now? You’d have to be full tard to even consider touching this garbage. Kys biz

>> No.15665207

>>15665196
You. Are. A. Retard.

>> No.15665218

>>15664370
,but i bought it at .0025 and will sell at 1$ giving me a lot more than 10 cents smoothbrain

>> No.15665224

>>15665207
Great rebuttal Ranjeesh. Nobody is buying your shitcoin. How heavy are those bags topkek

>> No.15665230

>>15665193
discord shills dumped and want to buy in lower. they will go back to shilling after they bought

>> No.15665231

I’ve got 4m rsr. If it doesn’t moon I will kms

>> No.15665235

>>15665224
Never going to make it

>> No.15665244
File: 787 KB, 2772x1824, RSR Explanation.jpg [View same] [iqdb] [saucenao] [google]
15665244

Hmmm

>> No.15665287

>>15665224
Implying anything you say needs a rebuttal, you’re a literal brainlet retard subhuman nigger. Reserve is beyond the scope of you allocated mental bandwidth. You’ll never make it.

>> No.15665304

>>15665230
Nah, only a handful of discord does this. Not really coordinated yet, too early for that.

>> No.15665457
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15665457

>>15665287
lol btfo reserve fudders on 24 hour suicide watch

>> No.15665668
File: 87 KB, 2354x1147, 5ce4648a881a4d44305dd016_Protocol-Diagram-1.png [View same] [iqdb] [saucenao] [google]
15665668

honestly this looks neat, and the backers/investors list is both impressive and trustworthy. I'm sold.

>> No.15665716

>>15665668
Pretty good timing bro. Buy now and forever hold

>> No.15666326

You rsrfags are exactly like holofags were a while back. You’ll run out of hopium and your shitcoin will bleed to zero. Screencap this.

>> No.15666455

>>15665218
he was talking about arbing you fucking mongoloid

>> No.15666460

>>15657579
I used to believe in rsr but i ve sold everything for Howdoo now after the Huawei Partnership
I believe that there are bigger things coming soon

>> No.15666525

>>15666460
So this is basically just BAT meet social media?