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/biz/ - Business & Finance


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18637716 No.18637716 [Reply] [Original]

Well?

>> No.18637729

>>18637716
Last moonshot in crypto. I hope you didn't fall for organized pajeet FUD.

>> No.18637800

>>18637716
How do I buy sirs?

>> No.18637824

>>18637729
+1 on dubbing it the last moon shot in crypto. Shame they aren't marketing and making more millionaires. This is the only crypto you can know for sure will 100x

>> No.18637841

>>18637716
The color is right, but the logo is wrong

>> No.18637846

>>18637800
There's the pajeet false flag. We need flags.

>> No.18637875

Basically the only project outside of bitcoin and ethereum that can truly be considered an investment.

Team is impeccable. Investors are unbelievable. Tech is game changing.

But this I don’t need to spend much time shilling you on, it shills itself.

>> No.18637917

>>18637846
The pajeets fudding this are highschoolers who sold at 22 sats and have buy orders at 14 sats. They're capital is like $75 so it makes a big difference for them.

Price target 600+ sats after main net + binance listing in Q4

>> No.18638401

>>18637824
>you can know for sure will 100x
But how?

>> No.18638470

>>18638401
1. Go to reserve.org
2. Look up RSR on coinmarketcap.com
3. Realize that this has been out for less than 1 year and it's not on any major exchanges
4. Combine all the fundamental analysis you formed from points 1-3 and extrapolate the demand for this once its functional, integrated with PayPal, and trading on Coinbase
5. Ask yourself why you haven't secured a bag of at least a million under 1/4 of a penny at current price.

>> No.18638485

I'll give you a clue.

RSR total supply same as XRP total supply.

RSR has the same fucking investors as XRP.

>17m mkt cap
100x
>1.7b mkt cap

XRP is fucking 8.2 bil right now.

>> No.18638491

>>18637716
this is my last chance at a moonshot. if this doesnt work, ill kms.

>> No.18638510

>>18638491
You came to the right fucking place.

>> No.18638596

I'm trying to build a bullish case for RSR and am coming up short. It seems that the value of RSR directly correlates with how much excess reserves there are in the vault. Excess reserves only come from transaction fees and vault appreciation, so it's not like it's a constant money printer. Based on Nevins estimates, this will be 2-5% of the total market cap of RSV per year. There isn't any other reason for RSR to be worth more besides access to governance participation.

Any parabolic moves/exuberance from the market will be crushed by the 93% uncirculating supply dumping on us. Yes, I know it won't be all at once, but you can't just dump a few billion without scaring people off.

My conclusion is that RSR has really boring single digit upside but with the huge downside risk of being a crypto that can crash whenever.

>> No.18638738
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18638738

>>18638485
>same fucking investors
LOL XRP investors range from Bank of America to Justin Bieber. Yours is just some crypto fund faggot who invests in hundreds of start ups (a lot of which fail)

also, Stable coins are going to be illegal by 2025.

>> No.18638762
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18638762

>>18638738
amd just remember, RSR's ceo gushed over Sergey

>> No.18638802

>>18638738
>Stablecoins will be illegal!

That sure will stop people

>> No.18638847

too much shilling on biz
means it's probably chianlink-tier scam

>> No.18638885
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18638885

>>18638596
two types of rsr holders.

The virgin theory-crafters, attempting to mathematically create models based entirely on estimates of volume and arbitrage participation, with missing details on governance. They could be vastly overestimating or underestimating RSR token value.

Then there's the RSR Chads who are buying this in 2019/2020 and will dump on the virgins when it hits 25 cents or $1 in the years to come.

The people who will buy this above $1 will be the ones more concerned about the protocol and arbitrage.

>> No.18638932

>>18638802
>RSR is totally gonna have mass adoption by the governments bro!
>government says stablencoins will be outlawed in near future
lmao

>> No.18638951

>>18638762
His fucking onions face makes me wanna sell my bag

>> No.18638964

>>18638738
Isn’t RSR exempt from this particular ruling because of what rsr is pegged to?
I can’t remember the exact reasons but some anon broke it down a few days back and it made sense. From what I remember they are going to use rsv to dictate the value of rsr, where as usdt etc are just minted on the spot.

>> No.18638966

>>18638951
Wtf why is (((onions))) being changed to onions kek

>> No.18638982

>>18638885
sub 10 m market cap coins are a meme. In 2017, they used to go up 20x sure. But those days are non existent in 2020. every single coin (RSR included) follows btc's price completeltly
only coins worth holding are unironically T20 only because at least one of them has a chance of breaking free against ntc's movements with global adoption

>> No.18639031

>>18638966
Newfag basedboy

>> No.18639040

>>18638964
kek. theres always some faggot who takes the fud in these threads and messages to the rsr telegram like a butthurt faggot. all his answers are grasping for straws and are 50% strawmanning the original fud

>> No.18639069

>>18638762
nice shop

>> No.18639101
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18639101

>>18638982
True, unfortunately. nevertheless, imagine a paper trade of $2,000 worth of BTC into RSR right now, where do you think you are in % gained sats 2-3 years from now?

Unlike the chink and pajeet scams, they aren't going away. You'll never actually lose your initial investment. They're funded to the gills, partnered with the top companies, incorporated in USA, subject to US law, and we're still not on binance or coinbase. Not having exposure to RSR is financial negligence.

DeFi is the next big thing.

>> No.18639102

>>18639069
LOOOOOL

article
https://medium.com/reserve-currency/reserve-partners-with-chainlink-to-bolster-the-future-of-decentralized-stablecoins-5d486f37e92b

image
https://medium.com/@wolfcrypto/reserve-ama-with-wolf-crypto-part-two-eec0dab00eca

>> No.18639124

The problem with RSR is that it's fate is tied to the fate of the US dollar. Who knows what's going to happen now that the Fed is in overdrive printing dollars like no tomorrow (and has been for a while now).

This might pump 2x or 3x this year but it will never ever go 100x not even 10x.

>> No.18639158

>>18639124
Holy shit this has to be the most retarded response ever. Its fate is not tied to the US dollar.

It's the exact fucking opposite.

UNLIKE all the other shit stable coins out there thats fates are tied to the USD.

The initial production version of the Reserve Protocol will operate in a substantially centralized way, and over time each protocol component will be migrated on-chain and released from control by the founding team, eventually becoming fully decentralized. There are three planned phases of the Reserve network:

The centralized phase — where Reserve is backed by a small number of collateral tokens, each of which is a tokenized US dollar.
The decentralized phase — where Reserve is backed by a changing basket of assets in a decentralized way, but still stabilized in price with respect to the US dollar.
The independent phase — where Reserve is no longer pegged to the US dollar, with the intent of stabilizing its real purchasing power regardless of fluctuations in the value of the dollar.

https://reserve.org/protocol

Read up about the independent phase ffs.

Reserve is the only project that is actually fucking sustainable as any kind of stablecoin and global currency.

>> No.18639164

>>18639101
Yeah, absolutely true.
Theranos didn't fail neither, and they were funded from all the big guys as well.
There is no chance that RSR will ever fail.
Retard

>> No.18639198

>>18639101
>true
Yes.
>nevertheless
wrong faggot. youre not clever. There are over 1000s of sub 10 m mc coins. And everytime shills this garbage on here, its the same fucking argument everytime
>MUH MERE 1 MILLION WILL MAKE IT MOON
and then it never happens.

you guys think whales are total retards. You think whales are happily going to throw in 10 million at random just to make some losers on 4chan happy. they dont care

>> No.18639204
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18639204

>>18639164

>> No.18639230
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18639230

>>18639198

>> No.18639231

>>18639204
retard. I hold LINK
Fuck off with your absolute scam

>> No.18639253

>>18639198
This!
So much this!
Apart from that: There is no fucking need to hold this reatrded shitcoin. Everybody is in LINK or Ethereum.

>> No.18639256

>>18639204
>>18639230
yep, you can tell a project is shit when theres a tranny discord creating oc's in bulk to spam on biz. Idenda and Kleros did the same thing

>> No.18639262
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18639262

>>18639230
RSR also provides passive income in the form of RSV WHILE deflating (burning its supply making RSR worth more and more and producing a dividend).

Plus you always own the same % share of RSR/

>> No.18639267

>>18638885
The actual RSR chads are the angel investors and team who will be dumping for years....93 Billion tokens. Just makes it another crypto PnD. If the estimates looked better, more people would take it seriously

>> No.18639276
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18639276

>>18639256
Yeah and reserve is not a fucking shit project you absolute fucking beta cuck.

Reserve is full of the most elite-tier fucking CHAD investors including PETER fucking THIEL.

>> No.18639289

>>18639267
Any dumping of RSR will be dumped and given to those who will then lock it up to earn passive income forever with. Burning the RSR supply while also earning an income in RSV.

>> No.18639300

>>18639262
Looks like the dividend will only be a few % per year though, which is not enough considering all the downside risk

>> No.18639303

>>18639158
Just like every other crypto project, reserve looks good on paper and they promise a whole lot. But guess what, a lot of shit will happen between their phase one prototype and by the time they reach the decentralization phase which is all theoretical at this point anyway.
The fact is that they will be pegged to USD for years until their tech is anywhere near ready.

>> No.18639320

>>18639300
The downside risk is low when all the RSR is going to be locked up earning passive income.

>> No.18639336

>>18639276
>muh peter thiel
someone post the infographic of the 100s of shitcoins peter thiel has endorsed loool

>> No.18639360

>>18639336
ETH, EOS and BTC.

All top 10s with market caps of over $1B.

RSR is 17m right now. Retard.

>> No.18639418
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18639418

When are they going to fucking do something with this project.

>> No.18639445

>>18639320
So if circulating supply is really low because muh staking, and the team wants to dump just 1B tokens, wtf do you think happens to the price

>> No.18639446

Ignore all fud and accumulate .. thank me later in 2022. From an early anon who bought 65k link in 2018

>> No.18639454

>>18639360
>cherry picking this hard
i said, ALL of them

>> No.18639478

>>18639418
never. its pretty much dead after this >>18638738
stable coins will be outlawed.

its a hot potatoe investment right now.

>> No.18639496

>>18639446
Bought ETH in 2017. RSR is total shit.

>> No.18639533

>>18639418
Oh wow. That timeline is soo impressive
Yaaaawn

>> No.18639709

Schloppy here, just a reminder not to sell any RSR until at least 2023 - by then our positions will have more than 100x'd in returns.
We are still early, but we're not wrong.

Just keep buying more.
Thank me at the Reserve yacht party.

>> No.18639754

>>18639709
wow, i definetely have not heard the same exact speech from 100s of other shills before. RSR is the first community to ever say this.

(this sarcasm btw for you RSRetards)

>> No.18639799

>>18639454
Show me what other fucking crypto Peter Thiel has invested and or endorsed. Holy shit you're dense. Show me motherfucker. With sources. Otherwise STFU.

>> No.18639806

>>18637716
If this works I'm putting a portrait of peter thiel docking with nevin above my mantlepiece

>> No.18639812

>>18639754
t. ngmi the post

>> No.18639860
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18639860

RSR is the beaxy of stable coins.
Remember beaxy? Exactly, too much competition. Shit is u ironically dead in the water when mainnet launches.

>> No.18639870
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18639870

>>18639860

>> No.18639914

>>18637716
Moonshot crypto was always around for a few years prior, brimming with potential. I think rsr is one of these coins atm. Also link but link already mooned, but is now steadily increasing.

>> No.18640022

Two types of Reserve fudders:

1. Actual lunatics like the satsgang spammer
2. Butthurt MKR holders, still in full cognitive dissonance mode about MKR's embarrassing failure in the coronacrash

>> No.18640102

Why do we need this when we already have DAI?

>> No.18640136

>>18640102
>still in full cognitive dissonance mode about MKR's embarrassing failure in the coronacrash

>> No.18640513

read the whitepaper noob.

>> No.18640520

>>18640102
mkr facing a law suit lol

>> No.18640559

>>18640520
theres a good chance that MKR actually loses that case too.

>> No.18640636

>>18639253
FUCK LINK FUCK THIS SCAMMY FATBOY COIN I'M SICK OF SEEING THIS SHIT FOR 2 YEARS NOW, FUCK YOUR GAY ASS ORACLES

>> No.18640651

>>18640102
DAI and MKR were never intended to be an actual currency used outside of the primary usecase of being a tool for traders to margin trade with.
Reserve protocol on the otherhand was designed with large scale trillion dollar mcap in mind to be used as a literal currency replacing failing fiat in many countries.
Maker was simply never designed to scale beyond the demand traders needing access to quick margin.
There is such a long list of fuckups and fuckery with MakerDAO and the subhuman greed goons behind it that it gets a big yikes rating from me, dawg.

What's more, is that Reserve makes the Maker system obsolete - in that its simply more advanced tech which is why so many AAA elite investor types are behind its development.
2019 had only 1 perfect asymmetric bet and it was Reserve.

Is DAI a good stable coin tho? Well, its had a track record of not being "very stable" so you do the math and decide for yourself.

>> No.18640678
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18640678

>> No.18640730

>>18640102
Dai cannot scale

>> No.18640830
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18640830

>>18640022
You forgot acoomulaters

>> No.18640846

The common consensus among rich people right now is that many of the fiat currencies in circulation will within a few decades simply be worthless.
A new financial system is established about every 40 years, or updated, upgraded, etc.
We're about 50 years out now and are overdue for a upgrade or transition into something better than the literally thousand year old current fiat systems presently being used.
We're in the 21st century now and we're still using fiat currency systems dating back to the fucking 15th century.
And when you actually do have a lot of money one of your major concerns is inflation, and all fiat suffers from it bc of the errors in its creation.
So these turbo rich fags who are for the largest part occultists have invested in Reserve because its the most advanced stable currency system thats ever been thought up.
They want the Reserve protocol to work because they don't want their wealth to overnight becomes worthless because it was in some fiat currency that ultimately fails.

Reserve much like Chainlink was designed as solutions to problems facing not the commoners and peasants of the world but rather problems that keep the elites awake at night.
Once the mainnet goes live, these people will be able to sleep at night knowing their money is in the most stable position it can possibly be in while the margin for failure of the system is less than 1%.

As with all things in elite finance, security and stability reign supreme and Reserve delivers on those key components which is precisely why you see big money behind this project.

>> No.18640907

>>18640846
>They want the Reserve protocol to work because they don't want their wealth to overnight becomes worthless because it was in some fiat currency that ultimately fails.
Why not just buy Bitcoin or Gold instead?

>> No.18640973

>>18640907
>Why not just buy Bitcoin or Gold instead?
Mostly because stability means stability. Bitcoin is highly volatile but still deflationary and sound money. When you want to simply store your wealth in a position that just doesn't gain or lose value, you'd pick something like RSV. To these people simply retaining that value is more important than the prospect of having their capital gain more thru BTC speculation, etc.

>> No.18641007

>>18640846
>Once the mainnet goes live, these people will be able to sleep at night knowing their money is in the most stable position it can possibly be in while the margin for failure of the system is less than 1%.
Isn't this some gigantic fucking cope?
You absolute retard. There are points of failure as well for this system.
If someone wants to hedge or keep his wealth he buys Gold. And otherwise invests money to make more money.
And not puts his money in some faggot protocoll.
Seriously, kill yourself you fucking retarded sandnigger.
Unbelievable

>> No.18641038

>>18641007
>If someone wants to hedge or keep his wealth he buys Gold.
kys boomer gold shill faggot.

not only is Gold a foolish investment, its extremely high risk.
countless govts have confiscated it from the citizenry - what makes u think it wont happen again retard?

my suggestion, buy fucking ROPE

>> No.18641041

>>18641007
>There are points of failure as well for this system.

Name some, then, instead of just screaming like an idiot.

>> No.18641053

>>18641038
You are retarded. Seriously

>> No.18641067

>>18641053
go back to your precious metals containment threads faggot.
posting in a RSR thread requires a minimum IQ of at least 150
get the fuck out

>> No.18641151

>>18641067
You have zero Arguments.
If some government establishes a Digital Currency, then people will use this currency and not your faggot RSR token.
And only because you have some big goys invested, doesn't make it look more believable

>> No.18641167

>>18641067
The times of 100X are over for those shitcoins. Move on, seriously.

>> No.18641179

>>18641151
>>18641167
Why you so angry, though?

>> No.18641218

>>18641179
hes desperately trying to buy more RSR bags since hes so obviously turbo poor and has an extremely weak position.
hes likely from a shithole "country" and has a networth less than $1k

just ignore the seething poorfags and move on.

>> No.18641349

this is the Mumbai shill of the month. Same type of commentary in every rsr thread yet nobody can explain the value of this shitcoin. US government stable coin is going to wipe this thing off the map in a millisecond.

>> No.18641409

>>18641349
t. accumulating

kys. i dont particularly have anything against wagecucks investing in shit like this and making it but im not so greedy to the point where i sabotage their minds with bullshit like u just posted to where they never invest and ultimately kill themselves bc they missed out on the most obvious fucking bluechip in the stable crypto genre

>> No.18641431

>>18641349
>this is the Mumbai shill of the month
RSR has been discussed on /biz/ since before it was even being publicly traded.

again, kill yourself or die trying.

>> No.18641452
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18641452

>>18638951
Seethe

>> No.18641635

>>18641409
Okay then tell me anon.
Are 400k enough?

>> No.18642196

>>18641007
>why would somebody invest in assets to maintain their wealth when instead they can invest in assets to maintain their wealth
at least try to develop a semblance of an idea as to what the project encompasses you fucking troglodyte

>> No.18642241

>>18639754
You probably haven't held anything for three years either. I've been holding Link for over two years, lost HALF my stack swinging, and still am sitting on 35x my initial investment.

RSR is what we call an asymmetric bet. It can't go much lower from here and has giant upside potential. It has strong fundamentals if you have fucking eyes to see it.

We are investing in network effects.

>> No.18642378

>>18641635
411k here. Not gonna make it.

>> No.18642379

>>18641167
RSR is no shitcoin lad. Thiel doesn't invest in shitcoins unless you didn't already realise. Only unicorns.

>> No.18642536

where does 1mil. RSR get me?

>> No.18642659

>>18642536
how 1 billion dollars sound?

>> No.18642672

>>18642241
Well said. It would be better psychologically for most investors in crypto to grow their patience out by thinking in terms of years not months.
Holding a long term value position for years and selling only small percentages of your total holdings is how most will turn a $20,000 investment in RSR into a $20,000,000 one.

Again, if you don't have the patience to hold this position for years you won't see insane returns. Sure you'll see some up side, but patience favors the future wealthy.

>> No.18642916

>>18642672
It takes experience and time in the market to learn these things, granted. If I had known what I know now about investing, I would have started working at a grocery store when I was 14 and invested 90% of every paycheck into tech stocks. Now I have to settle for these fucking memes, but maybe I will earn enough to get a hair transplant and recapture my lost alternate life as a youthful millionaire instead of le 30yo boomeraire

>> No.18643119

>>18642916
rofl based

>> No.18643165

Why has no one made an arbitrage calculator?

>> No.18643378

>>18643165
well we really wont need one until after mainnet when the Huobi DeFi goes live and arb with Reserve protocol support goes functional. early 2021 kinda stuff basically. just be patient anon. great things come only to those who wait responsibly.

>> No.18643883

>>18637716
Unironically the future of money and now that Coinbase has destroyed LINK, and will obviously delist them, RSR is the one and only /ourcoin/

>> No.18643949

>>18643165
>Why has no one made an arbitrage calculator?
It's being worked on by Coinstats as we speak friend.

>> No.18644398
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18644398

>>18639198

>> No.18645320

>>18641151
RSV will just use a government issued digital dollar as collateral. It will simply consume it's competition and become stronger as a result.

People will use RSV instead of a government issued stablecoin because, in its final form, it will be decentralized with privacy features, robust onramps (think Paypal), and maximally stable with hundreds of assets as collateral.

>> No.18645386

>>18637824
>This is the only crypto you can know for sure will 100x
Can someone please explain to me why this coin will 100x? Isn't it designed to be extremely cheap to support the stable coin?

>> No.18645763

It’s designed to make RSR holders fucking rich

>> No.18646353

>>18638762
RSR is a reddit token. Soiboy CEO, probably would like to take it up the ass from Sergey too.

>> No.18646376

>>18645386
In a word, arbing burns RSR and thus decreases the total supply. As the velocity/use of RSV increases, there will be more arbitrage opportunities. So RSV usage means "price go up".

100x could happen if the investors and team lock their tokens up in arbitrage pools, so they never reach the market. They would keep the same percent holding of total RSR supply while earning RSV. Some other anon could explain better than me. But the max supply to ever hit the open market could be way lower than people think right now.

> Isn't it designed to be extremely cheap to support the stable coin?
It's not designed to be extremely cheap. It's designed to stabilize RSV. See >>18645763