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/biz/ - Business & Finance


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19384433 No.19384433 [Reply] [Original]

1. How much do you hold?
2. What will you be buying when this hits 1$ ?

I used to spend a lot of my time fudding and reverse shilling this project, for almost the last year I've copied and pasted badly written blurbs about this coin on every thread, making it look like it was being heavily shilled by pajeets, leaving people scared to invest and giving me more time to accumulate, that mixed with a heavy stream of fud has given me some time before everyone and their uber driver is sticking their wages in Reserve.

Now I'm sitting comfy on 6M and my fudding and reverse shilling days are over, when this hits 1$ and I make 6 million, or when it hits 50c and I make 3 million, my life will change forever, and I'll be sitting comfy, gaining weight in my penthouse apartment while eating wagyu beef and drinking 30 year old Laphroaig. Good day gentlemen, oh and reserve your rights.

>> No.19384457
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19384457

p.s whether you agree with this coin and it's fundamentals or not, it doesn't matter, most coins are flawed, my investment isn't on whether or not this coin is perfect (even though it is) my investment is on whether or not I think this coin will moon, and be heavily shilled by all of the normies who eventually buy it, and fomo in once it becomes mainstream. You see normies are pretty stupid, and when they read the white paper and see the team of investors they'll be drawn in, whether you agree with the tokenomics or not, the normies will adopt, and this shit will explode.

>> No.19384581
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19384581

>he's selling at $1
lmaoing @ ur life. $56 is the target, check the delphi report

>> No.19384639

>>19384581
I'm aware of that, but I'm not greedy. I will at least take out 50% when it hits a dollar, and leave the rest in just incase.

>> No.19384657

I only hold 640,000 i’ll Stick with that as there’s always a risk of it not working out, my sell out will be $10 if it gets anywhere near, anyone got any timescales to share?

>> No.19384667

>>19384433
>>19384457
>>19384581

RSR is the most overvalued shitcoin available on the market right now.

>$318 million diluted market cap
>less than 7% circulating in the market, most of the supply owned by the team and seed investors
>their stablecoin RSV is still only $200k market cap (no adoption what so ever)
>barely functioning app with only a couple of thousand of users
>team has been in a stealth mode for more than over a year, community knows nothing about what's going on
>market constantly pumped and dumped by satsgang/spectre group

How can you justify the enormous evaluation when they have achieved close to nothing in 3 years of working on the project (started in July 2017)?

Listing some well known investors who got 10x discounted tokens does not count as a valid argument. A decent project should have more going on for it than just few known investors.

How it's going to get dumped soon by the pnd group that accumulated the $0.0013 bottom:
medium.com/@CTexposer/how-to-pump-shitcoins-by-spectre-grp-74fd740b58fd

>> No.19384670

>>19384581
you both wont make it, $1000 eoy

>> No.19384685

What is the delphi report, you have a link fren?

>> No.19384690

>>19384685
it's a marketing report that was >accidentally leaked to lure in new dumb people to buy the pajeet shitcoin

>> No.19384693
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19384693

I need to buy more, normies are absolutely lagging behind on this lol. Reddit will go crazy when they see this team

>> No.19384701

>>19384693
>>19384693
how much are they paying you to spam this, Rakesh?

>> No.19384729

>>19384433
6M master race.
If AKRO moons before this I'm dumping my profits for more RSR.
All-in would be 40M but I'm not selling my LINK and I'm also accumulating ETH before 2.0. Plus I've found an insanely profitable microcap that's giving me 50% yearly on stablecoins but Ii'm not gonna share it bcuz it would ruin my profits there.

>> No.19384739

>>19384657
>my sell out will be $10 if it gets anywhere near,
Come on guys, you sound like the morons who bought NANO at $30 a pop hoping it would go 3 figures.

900K RSR here, but this is nowhere near to being retirement money.

>> No.19384748

>>19384690
Can i have the link of this report anon ?

>> No.19384752

it will not reach 1$ and i have 50k. yes i'm a poorfag with only 4k total

>> No.19384779

>>19384667

My fren, I understand you need to accumulate and I've seen you've been very busy with your copypasta's in all of the threads on here, keep up the solid work but just remember at some point you'll have to stop fudding and start shilling, as the more normies interested in this coin the better.

>>19384729

You sound like you know your stuff, hope it all works out for you, 40m would be incredible but I've always thought going all in on something is incredibly risky especially with that much capital (what's that around 120,000?, however in saying that I sold all of my link last week to add the final 3M to my reserve stack, so I suppose I'm playing quite unsafe.

>> No.19384800

>>19384739
I'm not some braindead guy filled with hopium, to be honest I agree and think if it hits 10-20c it will be a massive victory, 1 dollar is on the whitepaper and seems possible considering how well they've been doing in Venezuela, but yeah all of these wild claims for 56-1000 bucks seem pretty ridiculous, and make the community look like desperate brainlets.

>> No.19384852

>>19384800
> but yeah all of these wild claims for 56-1000 bucks seem pretty ridiculous, and make the community look like desperate brainlets
Worked for LINK, prevented normies from accumulating before the Google announcement.
I guess someone is doing the same thing here but I'm not in any of their discord/telegram groups so I can't be sure.

>> No.19384868
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19384868

>>19384701
Rakesh? Have you been to the website? Here's a link, you mouth breather - reserve.org

I've been on biz since before "crypto" so I've seen some shit in my day. I can smell a chink scam, a pajeet scam, and a euro scam from a mile away. Reserve is literally the only shining beacon of hope I've seen since ethereum (not by way of legitimacy, rather developer interest, I digress)

Personally thanking my lucky stars that I get to accumulate more RSR before it goes mainstream.

>> No.19384889

>>19384685
>>19384748
https://www . opacity . io/share#handle=7ff62e167caa58eed4cd308da42b9ba830746e4142f6e68d9b63d0b4acd795f0d277c049a1d795d9bd622c0bc73319d4ea5af9bfd7e5bfa72cfcb6e2f8490a0b

>> No.19384922

>>19384581
yes sirs delhi report very good

>> No.19385132

>>19384852
it did work yeah, and everyone thought all of the people all in on Link were absolute brainless incel morons, but look at them now, it's funny seeing sll of the twitter experts speaking about link like its a fresh discovery, when it's been around for so long. I truly think RSR could be the same as Link, but it needs more adoption from twitter nerds, people on here and people on reddit etc, I think a lot of people are fudding as they're accumulating right now though, the fud kept me away from link, but it didn't work for reserve.

>> No.19385219

>>19384868
you're one of the good ones buddy, we'll toast when this hits the big time.

>> No.19385235

I have a 100k bag and the roadmap seems wonky.

I've dumped my bag already from 230k and slowly dumping more and reinvesting in other coins. There is no adoption for this whatsoever.

Amazing vision and goal and yet again poor execution/lacks adoption. Oh well, probably when crypto becomes mainstream.

>> No.19385938

i got 10MM but im still buying more.

>> No.19386083

>>19385938
you all in or holding other things?

>> No.19386085

Hoping for .05 USD desu

>> No.19386143
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19386143

>>19385235
there very clearly is adoption, just check their twitter or telegram channel, also adoption isn't everything, look at xrp for example, most widely adopted coin in crypto history, but doesn't make a difference to the price. You're making a big mistake selling, the fact that I was one of the first 1000 wallet holders is enough to make me want to hold onto this.

>> No.19386185

>>19385235
>no adoption whatsoever
It's literally already being used in Venezuela to purchase goods. DirecTV for Venezuela was dropped due to US sanctions, but Reserve stepped in and now RSV can be used to pay for the service from Colombia, and they're expanding operations to other Latin American nations as they go.

>> No.19386213

>>19386085
will you sell all at 0.05 or sell increments until it reaches 1$? My sell structure is probably 20% at 0.05, 20% at 0.10, 10% at 0.20 and the remaining 50% (3M) when hit hits a dollar.

>> No.19386229

>>19386185
Africa too right? These guys know what they're doing, I'm really enjoying watching them grow.

>> No.19386325

>>19386213
Probably 50% or 40% if I'm greedy

>> No.19386369

>>19384868
based color

>> No.19386521

>>19386229
Yep, partnered with 7mobile and delivering the app to a million users over the next few years. I do find what they’re doing pretty cool. Despite the odds the goal is noble, the investor list is crazy, and the tokenomics are so fucking solid. I feel fucking good holding this.

>> No.19386632

>>19384433
What coin is this and where do I buy it

>> No.19386774

>>19386632
rsr, huobi global with a proxy in us, I'm in UK so just use huobi.

>> No.19386775

>>19385219
toasting_peepee.jpg
>>19386632
You wanna buy with BTC or ETH?

>> No.19387284

>>19386775
Btc

>> No.19387807

>>19386632
HOTBIT

>> No.19387871

Threw 100 bucks into this see where it goes

>> No.19388448

>>19387284
Then just use Huobi, no KYC required. Then send the RSR to your trust wallet. It's an ERC-20. Cheers

>> No.19388481
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19388481

25 mill checking in. We gonna fuck make it. Reserve is an absolute beast!

>> No.19388554

I am an OG link holder as welll. My first purchase of link was under 3k sats. I know a lot of OG chainlink holders who have accumulated bags that are all in the top 100 wallets. We know good projects when we see them :) believe the fud or not but the proof is in the pudding that reserve will be an absolute rocket ship come 2021

>> No.19388598

>>19384868
>before crypto
stfu you larping faggot

>> No.19388838

>>19384433

holding 6.25M of this token and feeling absolutely fucking comfy

>> No.19388850
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19388850

top 300 wallet here, this project is so good it doesn't even seem real that I have so much so early. My mind can't even accept it.

>> No.19389519

Mass adoption slowly coming to Reserve.

>> No.19389631

Mass adoption slowly coming to Reserve I am all in.

>> No.19390100

>>19388481

Fucking congrats, if this hits a dollar your old life is over, I'm feeling super confident.

>>19388554

You're right, I think this is the first positive thread I've seen about RSR in the last three months which is incredible, everyone's stopped fudding, time to gloat until we're rich.

>>19388850

what makes a top 300 wallet? I feel so comfy with 6M I can't even imagine how good it feels to hold more.

>> No.19390208

>>19390100
you have twice as much as me fren

>> No.19390243
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19390243

>>19390208

*comfort levels intensify*

>> No.19390426

holding until $56.68. i'll arbitrage on the way up.

>> No.19390632

>>19386083
my bets this cycle are just on BTC, ETH, LINK, and RSR
i liquidated everything else i was holding all into RSR since the market research projects it with the best upside chances.

>> No.19390817

>>19390632
if AKRO drops below 20 sats sell the BTC for some of that as well and you basically have my portfolio

>> No.19390916

>>19384752
I had 50k and sold out for Statera kek. Now I x2 Statera and have for out of that. these small cap moonshot gambles are the game of neets who have unlimited time to watch screens.
Actual workers may as well buy decent projects and long hodl

>> No.19391654

>>19390100
the sadness when only have 135,000

>> No.19391827

>>19391654
you'll be better off than 99.999% of the world

>> No.19391945

>>19391654
still sweet. at only 10 cents you'll have $13,500.00 US. Crazy to think about.

>> No.19392243

I have under 3M, im all in this shit. this is all the money i have.

>> No.19392814

>>19391654

You will make it, and if you don't have enough to buy more I'll give you some of mine. Screencap this and post it when it hits 1$ with proof you were holding 135,000, I'll find you.

>>19390916

I work, otherwise I wouldn't have $20,000 to throw into a coin I like, I also check my coinmarketcap once a week, I don't stare at any screens, I'm not a swinger, p.s 50,000 rsr is like $600? This is very much a hodl for me.

>> No.19392845

none of you shills can explain the value proposition of this shitcoin and nobody uses it either.

>> No.19392850

>>19392243

You will make it, have faith.

>> No.19392870

>>19392814
I have 54k RSR and it's about 180$

>> No.19392904
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19392904

>>19392845
Try reading the whitepaper, checking their twitter, checking the delphi report or maybe even just googling it? The breadcrumbs are there, if you're too lazy to dyor then it's your loss, this will moon, and I'm ready.

>> No.19392970

>>19392904
I did all of that. I don't care about a forbes article on currency issues in south america. You don't see the tangible breadcrumbs you have seen with LINK.

>> No.19392988
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19392988

They also have close ties with Chainlink, Coinbase and Paypal.. here's a good AMA they recently did, even though most fud says they haven't updated anyone on the project in over a year - https://medium.com/reserve-currency/reserve-protocol-community-ama-4-f4c447742ca9

Oh and attached is a talk they're doing on the 4th June (my birthday) with Chainlink, the chainlink association is bound to bring in more normies, seriously the fact that under 5000 wallets are currently holding this is fucking obscene.

>> No.19393026

>>19387871
if you are intelligent you can still buy a house from this i guess

>> No.19393143

>>19384433
Ah, so it was you? lmao the same pasta every thread. 1m stack, jelly of your 6m

>> No.19393157

i unironically put almost all of my income in for the last year, holding a 20m bag.

let’s get rich frens. i want out of clown world.

>> No.19393330
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19393330

>>19392970
How new are you to crypto? Not trying to be mean, just curious. RSR has unprecedented "pumpamentals" and if you don't know what that is or why the timing of this buying opportunity matters, you'll miss the train.

>> No.19393393

>>19392845
it's literally being used in venezuela what gay fud

>> No.19393588

>>19384868
Do you get scammy vibes from Celo?
They look like early wework of crypto

>> No.19393598

>>19384433
I just hold 13k. If this does what anons are hoping for, then I'm out at $1

>> No.19393626

>>19385132
I'm on the same boat. I missed the link pump thinking it was nothing more than a meme. I took my time to look into Reserve to not make that mistake again

>> No.19393719

the funny thing in this coin is that i bought 1MM in 2019 summer and all the other shitcoins just dumped but this has stood stable since. even ETH pump and dumped but RSR jsut been 1-2k gwei all the time, so practically i'm up in ETH in this.

>> No.19393856
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19393856

>>19392970
This has to be fud or you are just retarded
It doesn't take that much digging to find the sauce
Fuck it, I'll help a fellow frog

>> No.19394062
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19394062

$.10 by 2021

>> No.19394391

bull run end of 2021 start of 2022 .25+ once coinburn and RSV adoption increased rapidly.

>> No.19394452

Sitting on 26mil. Comfy AF

>> No.19394501

>>19394062
wow, a realistic prediction. Am I on biz still?

>> No.19394575

>>19394391

A random guess or are you predicting this because mainnet will probably be around 2021? I think when binance and coinbase listings happen it will massively help also.

>>19394452

Very jealous, good luck man,

>>19394501

I think this is the most realistic rsr thread I've seen on here, apart from the 100$ calls it seems pretty solid throughout, the fudders must be asleep, or else everyone has just accumulated by now.

>> No.19394612

The samefaggery in this thread is disgusting

>> No.19394649

>>19394612
honestly it seems like Reserve has hired a team of pajeets to just keep spamming biz

it's pretty obvious this is not organic interaction

>> No.19394691

>>19394649
is cheap tokens sir. why you FUD this unfairly?

>> No.19394706

>>19394649
>Auction month

>> No.19395052

>>19394649
you had a fucking year to accumulate, it's too late now brainlet.

>> No.19395178

>>19395052
i was buying RSR in the 2nd month it was even trading.
feels good to be so early on this blue chip.

and im still buying more.

>> No.19395358
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19395358

>>19391654
Dont feel bad, anon. I had 500k and sold most of my stack with the flash crash back in March. That was a huge learning experience for me and I am wiser from it. I'm down to only a measly 150k. All we can do is have gratitude for what we do have and accumulate more while prices are still low.

>> No.19395377
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19395377

>>19392988
Nice dubs. Do you guys think Nevin is being ironic in this pic?

>> No.19395463

>>19394649
YOU MISSED LINK NOW YOU WILL MISS RSR

HAVE A NICE LIFE LOSER AHHAHAHA

biz bros are literally giving you free money

>> No.19395986

>>19395463
LINK was unironically the first crypto that /biz/ ever got me to buy.
and that worked out very good for me since i bought it around $0.17
RSR reminds me so much of LINK - how theres no real marketing just product development
all the big names behind it, partnerships, etc.

its another blue chip and lots of the OG linkmarines in the discord are RSR holders as well.
im originally from /pol/ and only found /biz/ about 5 years ago - never thought that a board on 4chan of all places would be where i got investment advice that actually made me massive amounts of money.

its like that one banner "4chan is a magical place"

>> No.19396007

we pumping boys

>> No.19396013

>>19395986
what did you make from link and how much rsr are you holding?

>> No.19396058

>>19384433
10 mil
Freedom

>> No.19396064

Re: LINK

I was browsing the top wallets for RSR and in fact everyone is also a Link marine or at one point was a link marine. A few swapped entirely, a few high iq lads sold the link top and divested into RSR. Quite Kino.

>> No.19396105

I originally bought 75,000 LINK in 2018 when I went all in under or around 3k sats.

I sold 35k shares between 3.75-4$ to diversify my portfolio a bit.

Now I only hold RSR LINK & ETH.

>> No.19396129
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19396129

My first ever buy order for LINK, so you know I am not larping :)

Just be patient with Reserve. It’s a long term hold that will reward patient strong hands.

>> No.19396218
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19396218

>>19396129
Can confirm. As a link ico buyer, the only projects in crypto I am watching are btc eth, link, rsr and pnk

>> No.19396296

>>19396218
>PNK
i bought a bag simply bc the money skelly said "or just use Kleros"
i sold it all tho when the devs got corona.
not buying back until the brains behind it is confirmed healthy and still working.

>> No.19396390

>>19396129
Any idea of timelines? I'm not selling a single coin until it goes to 0 or 0.10c, so I'm for at least another year either way as I don't see 10c anytime soon.

>> No.19396710

I have 80,000. Will I make it? I've already made over $100!

>> No.19397610

>>19396710
based

>> No.19397728

How many $RSR to make it? 10-15 mill enough?

>> No.19397895

>>19396390
Regarding timeline, there are a lot of opportunities for RSR to appreciate in price in the near future (2020/2021). Perhaps beyond your goal based on speculation alone. Keep in mind, this project is still in stealth mode and there haven't yet been marketing initiatives.

>App launch in Argentina
The app is live in Venezuela and Colombia. They've been getting a lot of traction in those countries -- #holareserve was trending on Twitter in Venezuela for a few days.

Argentina will be big because their economy and the Argentine peso is actively collapsing. Expect that launch in the next couple weeks.

Other markets to launch are Mexico, America, China, and Nigeria.

>App update
New UX and features within the next month. They are going to start scaling and make a lot of the manual processes for exchange automated. This fall, they are going to launch a full Reserve trading platform.

>Mainnet
They can implement it now, technically. The Reserve team wants adoption of RSV along with users of the app beforehand. It's tentatively scheduled for Q3/Q4 2020, however it could be Q1 2021.

After mainnet, you can expect RSR to be listed on Coinbase alongside RSV.

>> No.19398069

>>19397895
>Argentina will be big because their economy and the Argentine peso is actively collapsing.
ive spent about a year in AR and can confirm the ppl there hate fiat currencies, especially their own. and they are super big on Bitcoin and crypto. i think reserve will do well in that market since the people dont trust the banks especially after what happened to their money in 2001.

>> No.19398074
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19398074

>>19397895
Where you got that Reserve is going to China from?
Also, add in your timeline that after mainnet, RSR will be legally available to the US market since decentralization will make it a non security like ETH. It was confirmed in the last telegram AMA by Matthew Gertler. Coinbase here i COOM

>> No.19398196

>>19398074
> Where you got that Reserve is going to China from?
Reserve's Head of Business Development (Charlie Smith) has explicitly mentioned China as a country that is being considered for expansion. With a population greater than 1.4 billion, that's going to be huge for Reserve adoption. South America has a total population of 422 million, for reference.

>After mainnet, RSR will be legally available to the US market
Yeah, that's when the flood gates are going to open.

>> No.19399010

>>19395358
>AKRO
>>19395358
MEOW MEOW MOTHERFUCKER

>> No.19399099

RSR is a gift right now at a 1/3 of a cent.

>> No.19399131

7b circulating out of 100b no thanks pure shit coin

>> No.19399165

>>193844335
0 because it will fall 95% from here. look at the supply you dumb idiot.

buy LOKI

>> No.19399347

>>19399131
RSR is designed so that you never have to sell to cash out. Upon mainnet, RSR holders will be able to lock their tokens up in arbitrage pools and earn RSV through arbitraging when RSV is off its peg. This way, you will still be able to maintain the same proportion of the total supply of RSR and earn RSV at the same time. When RSR is arbitraged, it is burned. So, the supply will go down, and thus the price of RSR will go up.

Honestly, the lower the price of RSR is at mainnet, the better. Because that just means that more RSR will be burned early on.

This coin is designed to make the rich richer. Plus, there is a precedent for tokens with the same total supply to reach a few dollars (XRP, XLM).

>> No.19399443

>>19399347
this.

smart money is quietly accumulating and trying not to pump price until after mainnet. the opposite of what the fud niggers from /biz/ will claim.

>> No.19399460

I got a little over 100k, good enough for me though I'm hoping goes above $1.

>> No.19399511
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19399511

>>19399443
>smart money is accumulating

>> No.19400286

48 mil here , am all in now, prob buy a tropical island and new set of teeth for starters :)

>> No.19400476

>>19399511
unironically this time though

>> No.19400735
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19400735

>>19400286
show wallet balance ranjeet

>> No.19400783
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19400783

>>19384433
inverse shilling pattern detected. I like it goyim. good work. here's 1/100 th of a shekel, for you to keep all for yourself. spend it wisely or save it and accumulate intrest on it.

>> No.19400874
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19400874

why im not buying RSR?
1. this FUD has never been addressed or debunked once. All rsr shills can do is spam
>lol pajeet
without ever once explaining why its wrong
2. The team is a huge fan of chainlink. I think chainlink will fail in the long run, so therfore i dont trust the team
3. Usually when a crypto has all these supposed god tier connections, it turns out to be vastly exaggerated and used as an authroity bias for a selling point
4. A lot of shills feel very artiticial. Why are there like 50 OC images created out of nowhere? Im getting Kleros and idena vibes

>> No.19400942

nobody wants this pajeet shit

>> No.19400967

>>19400874
>yawn

>> No.19400985

>>19400735
why would i bother??

>> No.19400987

I think satsgang has probably discovered that shilling on twitter is not enough to pump their shitcoin so they're just spamming biz now

YOU'RE BEING PLAYED BY SATSGANG/SPECTREGROUP

If you buy into this pnd, it's your own fault

medium.com/@CTexposer/how-to-pump-shitcoins-by-spectre-grp-74fd740b58fd

>> No.19401946

>>19400987
no one gives a shit about the oddgems/spectre pajeet feud. go play with DAG, cuck. RSR is beyond that bullshit

>> No.19401972

>>19401946
except every satsgang member is also shilling RSR

I wouldn't be surprised if they decided to coordinate a massive dump soon

>> No.19402040

>>19400874

1. This is such bullshit, the fud is constantly addressed and debunked on here and in the telegram, and the Reserve team are super transparent, they regularly do ama’s where they respond to people’s questions, why lie ?

2. Stupid statement, early buyers of chainlink made millions, whether RSR works perfectly or not doesn’t affect the fact that people who buy now are still the first 5000 people to buy rsr, and will likely make very decent profits. So whether you personally like chainlink or not (nobody cares) it made a lot of people rich.

3. Just read an AMA, it’s really not that complex, the team have strong relationships with people, one of the draws for many to invest, and rightly so.

4. So you don’t like RSR because of a few memes made on 4chan? Every single crypto posted here comes with crap memes, you can’t find one that isn’t, so really bad point.

Final statement, you’re talking hot air and can very simply check the white paper, their Delphi report, their twitter and their AMA’s for more solid information, this is a strong project that’s being silently accumulated by the right people, how about the fact 250M tokens have been moved from exchanges into cold storage lately? Just follow the breadcrumbs buddy, and you too can be rich.

>> No.19402097

>>19402040
>This is such bullshit, the fud is constantly addressed and debunked on here
No it hasnt. Show me how it was debunked. im waiting

>> No.19402102

>>19402040
can you show where and how the fud was debunked or are you just making things up in order to lure in new oblivious bagholders?

>> No.19402116

>>19402040
>people made tons of monies off hainlink therfore its not a scam
LOL. I made a shit ton of money off of ARK coin (20x). Yet look what happened

If youre not going to discuss tech and focus only on price like a loud nigger then just shut up

>> No.19402119

here's the original text:

RSR has VERY LITTLE utility in the Reserve ecosystem besides DILUTING THE SUPPLY. The team has created a false narrative that you can make a lot of revenue through RSR/RSV arbitrage, which would create demand for RSR in the long run. But is it true? Lets dive in.

1) An excess pool of RSV has to exist in order for RSR holders to be able to arbitrage with RSR. How is this pool of excess RSV created? A) when the collateral for RSV appreciates in usd value ABOVE the collateral target B) from tx fees collected for RSV transactions (velocity). That means you as a RSR holder CAN’T arbitrage until the vault is optimized to produce revenue/gain value against usd and/or a significant amount of RSV is being transacted with, which both are expected to occur YEARS from now.
2) RSV has to trade above $1 in LARGE volumes for the arbitrage process to be in any way profitable, which is very unlikely to happen – if RSV does trade above $1 peg, it will be in small amount of buy orders (explained in next pg). Not to mention that the Reserve foundation will ALWAYS have a first actor advantage, depleting the pool of excess RSV tokens BEFORE any of the regular holders will have a chance to participate
3) Even if the protocol has accumulated a deep pool of excess RSV through collateral appreciation and tx fees, arbitrage with RSR would still ONLY be profitable if RSV trades above $1 and ONLY for the quantity of RSV that is being bought above $1. Why would anyone buy RSV above $1? Rational/educated market participants who move large quantities of capital WONT, because if they wanted to buy/use RSV they could instead just mint it for $1 worth of collateral tokens instead of buying from the market for a PREMIUM price. Thus, one would project that the quantity of RSV trading above the peg is minimal, resulting in a very low level of utilization for the potential excess pool of RSV, which means close to NO ARBITRAGE REVENUE FOR RSR HOLDERS.

>> No.19402129

>>19402119
>continued...

Where does RSR then play a role? When the vault portfolio depreciates in value, the protocol will mint AS MANY RSR NECESSARY in usd value to INSTANTLY SELL on EXCHANGES for the deficient amount of collateral assets to get back to the target collateralization ratio. When new RSR gets minted, the circulating supply of RSR will be inflated, inherently lowering the value of previously existing tokens. Not only because there are now a huge amount of new tokens in the circulation, but also because the newly minted RSR were market sold as per the smart contract associated with the RSR/RSV arbitrage mechanism.

Example: if we have 100m RSV in circulation and the underlying collateral depreciates 5%, the protocol would need to mint and SELL $5 MILLION WORTH OF RSR tokens (in reality there would never even be enough buy orders on exchanges for that amount). When the current RSR market cap is only $16 million, vault deprecation would have a DRASTIC NEGATIVE IMPACT on the market price of RSR, making it EXTREMELY RISKY and unattractive to hold.

>> No.19402134

>>19402040
>few memes
i was in an RSR thread that had 20 Oc images that looked like they were made in 5 mins with photoshop. shut the fuck up, its the most obvious sign of a discord forcing it as a meme

>> No.19402146

>>19402134
it's either a coordinated discord group, satsgang/spectre group or Reserve unironically hired some thirdwordlers to keep their threads alive on biz

>> No.19402163
File: 68 KB, 1343x649, 1589115815708.jpg [View same] [iqdb] [saucenao] [google]
19402163

>>19402146
its a fucking discord im betting.

I will pay $500 to the first discord tranny that leaks screenshots of the RSR discord

>> No.19402272

>>19392904
The white paper meme.

That surely worked for the other ten thousand meme shitcoins.

>> No.19402322

>>19402129

put it in the rsr telegram group and you’ll get a response by the end of the day.

>> No.19402332

>>19402116
Not what I’m saying retard, yes I’m interested in the tech, but if the tech ultimately fails the coin will still 10-20x along the way. If you’re intere

>> No.19402342

>>19402332

Response to myself because I got cut off. If you’re interested in the tech just read the Delphi report, white paper or the ama’s, everything you want to know is in there, I’m a bagholder not a developer so I don’t have the answers you seek.

>> No.19402521

only 66k here, but I'm still a poorfag, so whatever.

>> No.19402686

Satsgang is 100% Bullshit, It's literally a couple of indians with a small twitter shitcoin group if it even exists at all. No 1 in RSR gives a fuck about them and aside from the Biz fud no 1 has even heard of them !

>> No.19402703

>>19402686

Yup, it's semi smart fud which I used to spread myself so I could accumulate, anyway these satsgang claims have been circulating for over a year, I'm not sure what they've supposedly been doing to the rsr price this entire time?

>> No.19402836
File: 320 KB, 1440x1531, PicsArt_05-26-10.23.50.jpg [View same] [iqdb] [saucenao] [google]
19402836

>>19393157
Based fren. I did same with link in 2018.

>> No.19403189
File: 615 KB, 284x250, 1590748232848.gif [View same] [iqdb] [saucenao] [google]
19403189

There are almost 4500 token holder wallet addresses, two months ago we were only at 2000. All of biz has a bag and RSR is officially /OURCOIN/

>> No.19403539
File: 715 KB, 1681x1058, Screen Shot 2020-05-29 at 3.48.30 PM.png [View same] [iqdb] [saucenao] [google]
19403539

dont believe the reverse rsr fud.

stack af

https://www.youtube.com/watch?v=--SFmKVUGQo

>> No.19403652

>>19403189

yesssss, we've done it again :----)))))