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/biz/ - Business & Finance

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17305423 No.17305423 [Reply] [Original]

Redpill me on this. What does it even fucking do?

>> No.17305453

>>17305423
nothing
its just the pajeet scamcoin of the day

>> No.17305585

>>17305453
>>17305423
The fact that there are no replies to this thread proves that there is no pajeets buying this coin. It's all fud. Check out the whitepaper https://reserve.org/whitepaper.pdf or the investors https://reserve.org/investors

>> No.17305607

>>17305585
hmmmm

>> No.17305623

>>17305453
Hello, I am white and have reserved my rights

>> No.17305645

Here is the latest AMA, maybe you can start there:
https://medium.com/reserve-currency/reserve-protocol-community-ama-3-2f309f007c5c

>> No.17305652

>>17305607
If you want an honest answer on this coin, it will probably go up to 40-50 sats in the next few months and could go up/down from there. The one thing that is bad and good about the coin is the low circulating supply (~5% or something? Have to check on medium for the exact figure). Investors unlock during mainnet which is a few months away, so might want to wait til then.

>> No.17305722

>>17305652
Months? Try weeks, potentially days for those conservative targets

>> No.17306035

what are you anons talking about? Coinbase Ventures was backing MATIC Network and Peter Thiel have invested in EOS, and this is bullish? lol

>> No.17306282

>>17305423
LITERALLY A STABLE COIN

>> No.17306292

>>17305453
>>17305423
The fact that there are no replies to this thread proves that there is no pajeets buying this coin. It's all fud. Check out the whitepaper https://reserve.org/whitepaper.pdf or the investors https://reserve.org/investors

>> No.17306299

>>17305453
>>17305423
The fact that there are no replies to this thread proves that there is no pajeets buying this coin. It's all fud. Check out the whitepaper https://reserve.org/whitepaper.pdf or the investors https://reserve.org/investors

>> No.17306303

>>17305423
A decentralized stablecoin given value by a collateral token floated on the open market. You buy the collateral token.

>> No.17306332

>>17305585
yeah i read the abstract of the whitepaper and nothing really jumped out at me. I just don't see the use.

>> No.17306443

>>17306332
That’s pretty small brained of you. Why don’t you see the use in this unique stable coin concept when the stable coin market is so stagnant?

>> No.17306461
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17306461

>>17305423
>>17306292

>The fact that there are no replies to this thread proves that there is no pajeets buying this coin. It's all fud. Check out the whitepaper sirs https://reserve.org/whitepaper.pdf or the investors https://reserve.org/investors

>> No.17306529

>>17306461
fuck off samefag

>> No.17306544

>>17306529
Look into my eyes
Can't you see they're open wide
Would i lie to you baby..
Would i lie to you?

>> No.17306558

>>17306443
What am I missing? Doesn't dai do this better

>> No.17306619

>>17306558
Does it? Is anyone even using the fucking thing?

>> No.17306890

>>17306558
Maker can’t scale whereas Reserve can. Maker’s governance protocol is also bullshit and means that a few whales control the coin. Dai is also barely stable and keeps bouncing up to 15 cents either direction. The Reserve team did an analysis on MakerDAO and talk about the concept being really good, but ultimately it not being able to meet the demands of the stable coin market the way Reserve plans to. It is from a direct competitor so take from that what you will, but the analysis goes quite in-depth if you’d like a better understanding.

>https://medium.com/reserve-currency/our-analysis-of-the-makerdao-protocol-4a9872c1a824#c1ea

>> No.17307054

>>17306558
There’s also the fact that RSV gets the general populace to use cryptocurrency without them even realising it is crypto. It’s important to remember that this isn’t just a stablecoin for the crypto community to purchase different coins with, but is being worked on as an app for people that don’t know the first thing about crypto to use for every day purchases.

>> No.17307197

>>17307054
Bro fuck yes bro. We are going to 250000X EOY for sure bro. In the movies it looks hard getting rich but not for us bro. Just go on biz, take advice from some half retard pajeet scammer, buy a few magic coins, and 2500000X EOY. We are going to buy matching aircraft carriers bro. Fuck yeah bro this is how you make it bro, no more stupid job, its just that easy bro. Fuck Yeah Bro. Youre definitely not a scammer bro

>> No.17307500 [DELETED] 

>>17306558
Dai is pegged to the dollar while RSV will eventually get its value from real-world tokenized assets thus beating inflation.

>> No.17307809

>>17307197
You again. I thought I told you to kill yourself?

>> No.17308322

>>17307197
>he missed the quick 2x and is about to miss the next one

>> No.17308372
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17308372

who keeps making these retarded redpill posts...

>> No.17308410

>>17306282
LITERALLY

>> No.17308417

>>17308410
>he's illiterate

>> No.17308738
File: 1.02 MB, 998x748, 1*5yv6gVX4YQNuy1DnLBitXA.png [View same] [iqdb] [saucenao] [google]
17308738

>>17305423
It makes you rich

>> No.17308765
File: 350 KB, 1495x1227, satsgang twitter.jpg [View same] [iqdb] [saucenao] [google]
17308765

imagine buying a coin that's guaranteed to get dumped as soon as satsgang deems fit.

1) twitter.com/search?q=%24rsr%20(from%3Abitcoin_brown)&src=typed_query&f=live

2) twitter.com/search?q=%24rsr%20(from%3ALLLuckyL)&src=typed_query&f=live

3) twitter.com/search?q=%24rsr%20(from%3A_RN03xx_)&src=typed_query&f=live

4) twitter.com/search?q=%24rsr%20(from%3Adagchadheadroom)&src=typed_query&f=live