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/biz/ - Business & Finance


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18115413 No.18115413 [Reply] [Original]

Is this /ourcoin/ now?

>> No.18115451

>>18115413
It always has been fren

>> No.18115465

>>18115413
based

>> No.18115498

>betting on the collapse of the US dollar
>RSR shills think the western world is going to have the same economy as Venezuela within a year

DOOMS DAY COIN

>> No.18115563

>>18115498
no collapse you derp.
elites are damn fkin stupid, but not that damn fkin stupid.
history and huge money taught them to keep this shit alive, that's for sure.

>> No.18115592
File: 335 KB, 1601x866, Rise-and-Fall-of-the-USD-688d.jpg [View same] [iqdb] [saucenao] [google]
18115592

>>18115498
Nope. Whether the dollar and/or the US fails or not, we need a stable asset that is not denominated in and/or pegged to USD. That is the next stage of RSV. Pic related is why.

>> No.18115820

>>18115498
reserve has nothing to do with the collapse of the us dollar, otherwise they would not be using fiat backed stablecoins as their starting point before decentralization.

the idea is to test in the worst case scenario (Venezuela), and to target areas with the most demand who are more likely to have less to lose and actually create real world adoption for RSV which will provide more than enough incentives to use RSR to stabilize the peg which adds value to the RSR by burning it and creating scarcity so they can then use RSR in emergencies keep the vault assets fully backed in a decentralized way.

notice how shitty MKR performed in this last dump. look at how many people were liquidated. RSV will be the only viable decentralized stablecoin, that's the goal, and as an added bonus it will help protect against hyperinflation because that's where it will be tested the most in the early stages.

>> No.18117316

>>18115413
The answer is yes sir, unequivocally yes.

>> No.18117831
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18117831

>>18115413
It always has been /bizcoin/

>> No.18118019
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18118019

Is RSR a ERC20 token? What wallet do I use?

>> No.18118035
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18118035

>> No.18118044

>>18118019
I use a Trezor.

>> No.18118182

>>18118044
So it's ERC20? I already have a ledger nano X.

>> No.18118292

>>18118182
Yep.. that should work.

>> No.18118460
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18118460

>>18115413
Right...except RSR is inherently reliant on Chainlink at this point. You missed BTC, you missed ETH and now you missed LINK. The absolute state of this space now. Many people were destined to stay poor

>> No.18118654

>>18118460
RSR isn't using Link and probably won't. It has a goal of being decentralized which Link is not.

>> No.18118772

>>18118654
Right...so you should tell RSR that this tweet is false, seeing as you have the real info. God just embrace it man, you missed BTC, you missed ETH and now you are willingly going to miss LINK. Stay poor my friend

https://twitter.com/reserveprotocol/status/1138127148743401473?s=21

>> No.18118900

>>18118772
RSV is out and on an exchange with an RSR/RSV pairing. It is not using Link. Maybe they intend to in the future if Link gets their shit together.

>> No.18118935
File: 43 KB, 800x450, 1578760678613.jpg [View same] [iqdb] [saucenao] [google]
18118935

>>18115413
the satsgangs pajeet army getting /biz/ie again i see

>> No.18119361

>>18118900
>https://twitter.com/reserveprotocol/status/1138127148743401473?s=21

Actually Chainlink is waiting on RSR to get their shit together and be on mainnet then it will use its price feeds

>> No.18119614

#FinNexus is the combination of the words ‘Finance’ and ‘Nexus’.

>> No.18120463

>>18118292


>>18118182
Why don't you use a paper wallet instead? If your hardware gets broken/stolen/or lost that's all you have to recover it anyways lol

>> No.18120781
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18120781

Reserve your rights in the new world anon.

>> No.18120851
File: 16 KB, 360x360, satsgangpnd.png [View same] [iqdb] [saucenao] [google]
18120851

This pump and dump group was established early in the crypto days and is still fully operating now. Their main goal is to identify low market cap cryptocurrencies that they’re able to shill on social media with the goal of driving up the price at a fast pace after accumulating the bottom theirselves. How do they do that?

1) They identify low liquidity cryptocurrencies with criterias for shilling potential and use bots to accumulate at the lowest possible price. The low liquidity is necessary for exponential pumps.
2) Create numerous copy-pastas and image files that they will use relentlessy to spam for months
3) They figure out the roadmap for the next months to try to identify possible announcements (signal to go all in with the spam). The fundamental value of the announcements are typically blown out of proportion to seem like huge deals, even though most of the times they’re not. For that, they will create extra 20-30 accounts to seem like it’s organic excitement by early adopters.
4) When coordinated spam efforts start to gain heights, they will go on TG and discord groups begging people to keep holding and market buying. If they realize there are no more announcements in the horizon, they will start planning the dump. For that, they’ll go to TG and discord groups telling people to keep holding, even though the price is dropping fast. A typical way to do that is telling things like „weak hands are getting shaken out“, „sellers deserve to stay poor“ etc.

Currently they are actively working on: DAG, RSR, COTI, OCEAN, CHR

Most well known satsGang members and their alt accounts are: Bitcoin Brown, Lucky, Headroom, _RN03xx_, Denny Da Rocket, /tiktok47, Bazerka, FauxPho, Adouble212, Steven Toast, Johny Zcash, Rufys, Tyler Durden, vito, Braggo, Jonny Reid, Bread Bongo, Johnny etc., but there are hundreds more.

Nowadays they hang out in public TG groups like
t.me/SPECTREGRP_CHAT
t.me/bag_hunters

>> No.18121571

>>18115498
On the contary, RSR perfectly aligns with the dollar milkshake theory. It's a tool for economic guerilla warfare against weaker fiat currencies

>> No.18121601
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18121601

>>18121571
>>18121571
>>18121571
based