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/biz/ - Business & Finance


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16904187 No.16904187 [Reply] [Original]

It will take off about 5-6 months after mainnet is released since some people will panic sell at first if they think VC investors are getting ready to dump after mainnet (due to unlocking events), but the team is in full control of when mainnet releases and they wont release it until they know for sure that arbitrage is a viable avenue. this means that the majority of VC investors will want to arbitrage since they've already made between 2-4x on their initial investment assuming mainnet is tomorrow.

however, mainnet is not tomorrow and we're nowhere near where we will be come mainnet. RSR will easily hit .005 - .01 by mainnet (if not sooner), and that's a bearish prediction, it could go much higher, into the .05 - .10 range, but assuming a conservative .005 - .01 by mainnet that's going to be about a 15-20x for VC investors

this means that if they invested $100k usd at .0006 they're at $1M usd and at 2-5% arbitrage that's between $20-50k usd per year for literally sending RSR to a smart contract and letting it buy/sell RSV for them.

what this means is that anyone that holds RSR even if you only have 500k-1M RSR right now you can easily get another 10-20x from burning alone, not to mention FOMO/tokenomics that take place when people realize how much they can make just by buying RSR and sending it to a smart contract.

All of this assumes that RSV is in play and people are using it on exchanges to buy/sell crypto and on the app to send money to friends/family and to store their wealth and avoid hyperinflation.

RSV will also act as an onramp for people that are interested in buying crypto. so that's another way that RSR holders will make money from arbitrage when new people enter the crypto space. if BTC does another big bull run you can bet your ass that people with RSV will buy BTC with the app or using RSV on exchanges. especially if they're trying to escape their failing worthless fiat.

If RSV succeeds it will have over a Billion users

>> No.16905112
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>> No.16906202
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>> No.16906475

Are the team planning on competing with with tether? I.e. be a stablecoin on exchanges that traders use. Or is it just for poorfag in poor countries?

>> No.16906527

>>16906475
Yes

>> No.16906646

>>16904187
I dont want to say if this project has merit but I will say it is actively being pumped and dumped by Satsgang. That being a 100% verified true statement nobody should buy RSR until they have dumped their bags.
Unironically it is the admins of Constellation DAG who are perpetrating the scam on the RSR community.

>>16853070

They are spamming biz with RSR threads, beware of the scam they are running on these small cap coins

>> No.16907519

>>16906646
LOL i love it. Samefag posting, shilling, then someone posts evidence proving they are being manipulated by DAG Satsgang admins, and suddenly nobody feels like posting anymore. Not a coincidence and i see this faggot has already spun up 3 more threads.