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/biz/ - Business & Finance

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15780619

Reserve /RSR/ Anonymous Tue Oct 1 14:25:31 2019 No.15780619 [Reply] [Original]

Update on RSV v2 this week

>code audit
>will finally appear on CMC
>customer custody
>exchanges next?

>Yep. Normally you can't talk about exchange listings becasue that would be promising to do something that could increase the price of the token. With a stablecoin, I don't think it's as much of an issue. We will still not be able to talk about *specific* eschanges as they all have strong rules against jumpring the gun on talking about listings though.

>We are excited to work on listing RSV on major crypto exchanges, and begin building liquidity. We think that liquidity on crypto exchanges will help us achieve our mission of making RSV a useful currency world-wide. Sophisticated parties (e.g. fintech companies that might use RSV to cistody their funds) can buy and sell RSV on crypto exchanges, even if their users aren't "crypto people."

>As for which exchanges we will target, I think you can pretty much guess! As always it will take some time and elbow grease, but we're not too worried abot it.

-Nevin

>>	Anonymous Tue Oct 1 14:29:20 2019 No.15780662 File: 87 KB, 320x415, ReserveVenn.jpg [View same] [iqdb] [saucenao] [google] My stack grows

>>	Anonymous Tue Oct 1 14:35:59 2019 No.15780736 File: 81 KB, 570x754, 1567252117955.jpg [View same] [iqdb] [saucenao] [google] >>15780662 I be all like pic related

>>	Anonymous Tue Oct 1 14:37:31 2019 No.15780750 File: 478 KB, 798x1000, 6955B45B-9BD0-4B39-9601-FB4CAA203E34.png [View same] [iqdb] [saucenao] [google] >>15780736 Mmm indeed good sir!

>>	Anonymous Tue Oct 1 14:40:31 2019 No.15780793 I have accumulated that means its gonna start dumping any minute now

>>	Anonymous Tue Oct 1 14:48:39 2019 No.15780854 >>15780619 Link to the artcicle because OP is a faggot https://medium.com/reserve-currency/reserve-protocol-ama-with-chainlink-recap-92413f45e08a

>>	Anonymous Tue Oct 1 14:54:13 2019 No.15780904 File: 191 KB, 680x605, WEREBACK.jpg [View same] [iqdb] [saucenao] [google] >>15780854 I'm a huge fag

>>	Anonymous Tue Oct 1 15:46:19 2019 No.15781452 File: 160 KB, 1600x900, 1_TGdGfrD4IpazmcPPGXrC3Q.jpg [View same] [iqdb] [saucenao] [google] 2020 is gonna be amazing for reserve

>>	Anonymous Tue Oct 1 15:50:18 2019 No.15781489 THIS IS A PAID SHILL COIN FROM THE DISCORD SATSGANG THEY DUMPED THEIR BAGS ON BIZ AT 36 SATS. THE ONLY PEOPLE MAKING THESE THREADS ARE DELUSIONAL RETARDS WHO BOUGHT THE TOP OF THE PUMP. STAY AWAY BIZ.

>>

Anonymous Tue Oct 1 15:59:02 2019 No.15781586
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>>15781489

SATSGANG IS JUST A BIZ PSYOPS MEME

The goal is to be the top reserve/stable currency based on a pool of national currencies and other assets.

They have a former SEC commissioner on their advisory board.

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

They are releasing a mobile app next month and will be testing it in various hyperinflationary environments, starting with Argentina.

One of their primary goals is government compliance and they clearly have the connections to accomplish that.

The 2-5% arb burn rate that will begin after mainnet launches will further reduce the supply of RSR which all but guarantees a $1 price. It might take a few years to reach $10 but if adoption rate is high enough then it could even surpass even that.

The investors are solid as fuck, the team looks solid and were invited to speak at Davos not sure if you've seen that video yet. https://www.youtube.com/watch?v=rb4e34btRbQ [Embed]

The fact that big players like Facebook want to basically make the same type of stablecoin also makes me super bullish on RSR/RSV. Even Binance is trying to make a "local stablecoin" called Venus. Crypto demand is at an all time high in Venezuela and new companies like PundiX are installing point of sale equipment for retailers.

RSV/RSR will have a diverse basket of assets, transparency, adoption in high inflation areas, burn mechanism and is currently selling for less than .0025. The only downside right now is that it's going to be annoying to buy it if you're a burger, until coinbase adds it between now and mainnet.

>>	Anonymous Tue Oct 1 16:00:10 2019 No.15781593 File: 61 KB, 506x675, i69qxhxoltp31.jpg [View same] [iqdb] [saucenao] [google] whats the bare minimum to make it, anons?

>>	Anonymous Tue Oct 1 16:01:19 2019 No.15781604 >>15781593 100k Suicide 1Mil make it

>>

Anonymous Tue Oct 1 16:16:20 2019 No.15781760

>>15781593
My goal is between 500K and 1M. Not sure what making it means to you, but I'm fully expecting $1 minimum 1 year after mainnet. With a proper adoption rate of RSV on exchanges and in the real world you can do bet it will be more though.

Depending on what the price gets after mainnet (3-6 months) I will arbitrage a % of my stack and save the rest for the 1-2 year mark. I don't plan on market selling any RSR.

>>	Anonymous Tue Oct 1 16:25:16 2019 No.15781864 >>15781760 honestly, why are you so sure about it? I'm saving for a 1M stack but I'm nowhere that optimistic largely because of the the competition from better-known coins (libra etc)

>>	Anonymous Tue Oct 1 16:27:21 2019 No.15781888 >>15781586 What the actual fuck? This is major. Thiel is unironically in the Bilderberg Group and working (((them))) from the inside in LA. https://www.vanityfair.com/news/2019/10/peter-thiel-dinners-are-the-hottest-ticket-in-la-whats-his-endgame

>>	Anonymous Tue Oct 1 16:29:35 2019 No.15781905 >>15781864 libra?, gtfo

>>	Anonymous Tue Oct 1 16:30:12 2019 No.15781910 >>15781888 Checked. You didn't know this already?

>>	Anonymous Tue Oct 1 16:31:01 2019 No.15781924 >>15781760 desu I don't even have a definition of "making it" I'm gonna try to get 500k-1m by EOY and hope for the best

>>	Anonymous Tue Oct 1 16:58:47 2019 No.15782194 >>15781864 Libra will never launch.

>>

Anonymous Tue Oct 1 17:38:52 2019 No.15782581

I have 600k now. Just need this to get to $0.50 then IDGAF what it does. Not feeling too optimistic about it though. I know it's going to get dumped if it gets anywhere near $0.10. And they need to give up on the 2rd world country bullshit and focus on taking over tether.

>>	Anonymous Tue Oct 1 17:54:52 2019 No.15782706 >>15782581 >dumping when arbitrage exists

>>	Anonymous Tue Oct 1 17:56:00 2019 No.15782713 >>15780619 I thought this was a UDOO thread when I saw that Lamborghini.

>>	Anonymous Tue Oct 1 17:57:09 2019 No.15782725 Is it Coinbase?

>>	Anonymous Tue Oct 1 18:08:37 2019 No.15782835 >>15782725 It will be soon. Coinbase Ventures is an EQUITY INVESTOR

>>	Anonymous Tue Oct 1 18:56:42 2019 No.15783359 Finally something autistic enough to be worth investing in.

>>	Anonymous Tue Oct 1 20:12:09 2019 No.15784104 File: 87 KB, 640x480, ph_34735_125815.jpg [View same] [iqdb] [saucenao] [google] >>15782581 Don't you want to help starving Venezuelan children Anon?

>>	Anonymous Tue Oct 1 21:58:38 2019 No.15784822 >>15781924 haha fair enough. good luck anon, ill be trying to do the same, if not im not worried.

>>	Anonymous Tue Oct 1 22:11:57 2019 No.15784877 pleaes buy reserve token sir u will get a lambo

>>	Anonymous Tue Oct 1 22:13:27 2019 No.15784883 >>15784877 ill rather lose 2k than miss this potential gem, stay poor stupid pajeet

>>	Anonymous Tue Oct 1 22:16:47 2019 No.15784909 I'm very bullish on it but do u guys think its worth holding this in 2019?

>>	Anonymous Tue Oct 1 22:17:46 2019 No.15784914 >>15784909 ya.. it will probably 4x in the next month based on growing interest, you're going to get better multiples if you start now.

>>	Anonymous Tue Oct 1 22:53:15 2019 No.15785138 Anyway to track addresses holding over time?