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/biz/ - Business & Finance


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17141960 No.17141960 [Reply] [Original]

Left Behind Edition

News
>10,000 new RSV minted for a large partner
>App trial period ending

What the fuck is this trash?
>Reserve is a stablecoin system consisting of two tokens. RSV the stablecoin currently pegged to $1.00. RSR the arbitrage coin is used for stabilizing the value of RSV.

Why?
>Because stablecoins are underused in non-crypto markets and the ones that exist suck, have limitations or mis-market themselves

Upcoming Events
>Venezuela app goes on chain - TBA 2020
>Major exchange listing - TBA 2020
>Mainnet (RSR) functionality - TBA 2020

Where to Buy
>Huobi Global
>IDEX
>Simpleswap.io
>Pionex

How much to Make it?
>It’s suggested to hold at least 500,000 RSR (~$1000). There is a consensus that an increase in liquidity (exchanges), adoption (app going on chain), and mainnet (proof of the RSR mechanism) will drive the value of RSR into the top 100 coins. Somewhere between $0.01 (42m m-cap or 5x) to $0.05 (210m m-cap or 25x). Anything beyond that would likely require massive adoption (which is possible), hype, major crypto press and the usage of RSV pairs on exchanges.

What about that huge supply?
>RSR is will be burned as RSV is transferred and minted. Estimate say about 2%-5% per year. This is similar to Paypal, but decentralized. Regarding team tokens, please read here:

reserve.org/blog/initial-circulating-supply-of-rsr

Chats
>t.me/reservecurrency (official)
>t.me/reservelodge (unofficial)

Further Reading
>medium.com/reserve-currency
>reserve.org/investors
>github.com/reserve-protocol

>> No.17142417

>>17141960
Scam

>> No.17142433

>>17142417
satsgang scam

>> No.17142718

biggest scam I've seen yet. How Satsgang is able to pull this trick with every shitcoin is amazing.

>> No.17143020

>>17141960
confirmed scam stay away

>> No.17143104
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17143104

>>17142417
>>17142433
>>17142718
>>17143020
Yes are confirmed scam sirs. Coinbase and Thiel in on scam sirs. Dump now or whole village destroy

>> No.17143155

>>17141960
What makes it better than other stable coins?

>> No.17143219
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17143219

>>17143155
RSR is for arbitrage... RSV is stable.

>> No.17143236
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17143236

>>17143155

>> No.17143262
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17143262

>>17143155
...

>> No.17143278
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17143278

>>17143155
Reduced risk, tax free arbitrage

>> No.17143493

>>17142417
>>17142433
>>17142718
>>17143020
What's your agenda guys? This isn't going below 21 sats

>> No.17143494

is 1.6 million enough to make it? I wanna buy a house this year.

>> No.17143534

>>17143494
might be next year but yes.

>> No.17144215
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17144215

>>17141960
I have some money invested to this because a solid stable coin is a good idea. Plus Thiel is a pretty based and talented guy, even if he is a homo faggot.

>> No.17144304
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17144304

>>17142417
>>17142433
>>17142718
>>17143020

How have you fags not accumulated enough yet?

>> No.17144322
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17144322

>>17144304
This.. stragglers and poorfags trying to shit on the best project on /biz/ cuz they can't afford to get the bag they want

>> No.17144365

>>17141960
Imagine buying a “stablecoin” thats backed by NOTHING.

>> No.17144443
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17144443

>>17144365
You are either a desperate fudder or a retard with no reading comprehension. RSV is currently backed by DAI, Tether and USDC and will be moving away from USD assets to be backed by more stable commodities and securities. You really don't get any of this do you anon?

>> No.17144473

>>17144443
how much money will I eventually have with my 7m stack?

>> No.17144509
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17144509

>>17141960
Still holding a million of these niggers I bought at 27 sats last June. When am I going to see some fucking profit, you faggots lied to me

>> No.17144513

>>17144304
seriously, this. I'm betting they have and it's boring because the memes are sub-par and this is a long hold. So naturally we FUD our own coin for different reasons.

Reserve smells the least like a scam out of the majority of the typical /biz/ shitcoins. The team is engaged on telegram and they are lowkey which shows they are not tying to stir a bunch of hype just so they can exit scam.

>> No.17144528

>>17144365
imagine you did slightest amount of research and see that it is backed

>> No.17144536
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17144536

>>17144509
It's probably going to be another year, anon. There's opportunity cost in holding RSR right now, yes, but imagine selling and it skyrockets without you.

>> No.17144570

$3 by eoy 2020 you stupid 4chan fucks. Buy RSR now or loose your dream house while feeling like shit sitting on sidelines as it unfolds. Oh yeah btw Coinbase is coming

>> No.17144651

I don't get /biz/. You FUD projects when they're cheap, then complain you can't find the next pump. This is an actually good project that will increase in value

>> No.17144663

>>17141960
Already been proven Satsgang is pumping and dumping this shitcoin. Have they dumped yet, can you see the Satsgang wallets are empty? Post etherscans Satsgang wallets have dumped or GTFO pajeets

>> No.17144680
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17144680

>>17144663
>been proven
>no evidence
>bagholders.com TG not shilling reserve at all

Lmao

>> No.17145007
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17145007

Imagine not owning a suicide stack of this fabulous stablecoin

>> No.17145742

5 mill RSR you will be set for life by end of 2020

>> No.17145986

>>17145742
Got 15m.
I'm hoping for $150,000 and that's extremely optimistic.
Still a good hold but lol