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/biz/ - Business & Finance

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17627088 No.17627088 [Reply] [Original]

Recovery Edition

News
>RSR consolidates at at around $0.004 after it's 3x run.
>Looks primed for another uptrend
>$3m RSV now guaranteed by team
>App V2 in development with constant updates

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 your volatile shitcoins are never going to be used as an actual "currency". Every crypto market will need stablecoins to function correctly. Most of them are trash, and have limited themselves as a hedge for crypto exchangess. Reserve is different.

Upcoming Events
>Announcement of FIAT onramp partner
>Major exchange listing
>Application V2 (no scaling limits)
>Venezuela app goes on chain
>Mainnet (RSR) functionality

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

How much to Make it?
>It’s suggested to hold at least 1,000,000 RSR. There is a consensus that an increase in liquidity (exchanges), adoption (minting), and mainnet (proof of the RSR mechanism) will drive the value of RSR into the top 100 coins. Somewhere between $0.01 ($42m mc) to $0.05 ($210m mc 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.17627127
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17627127

If you missed out on the first pump, do not despair. RSR has room to grow and we're likely to see a big leg up over the next several months.

>> No.17627187
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17627187

>> No.17627200

>token not needed

>> No.17627238

>>17627200
take your meds schizo

>> No.17627250

imagine buying a token with 0 utility/usecase

biz really is more retarded than I thought

>> No.17627362
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17627362

>>17627088
Buying the dip.

>> No.17627649

>>17627088
good quality thread. bumping.

>RSR /biz/ discord
discord gg/t2yGaPB

>> No.17627662
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17627662

>>17627200
>>17627250
enjoy staying turbo poor, lol.

>> No.17627984
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17627984

PRECIATE YALL RSR POSTERS!

>> No.17628625
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17628625

>>17627088

>> No.17628645
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17628645

IS THIS THE INFAMOUS SATSGANG?

>> No.17628952

I only made it to 900k RSR, feels bad, man.

Btw, the amount of fudding here is a good sign that people accumulate.

>> No.17628983
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17628983

Based