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/biz/ - Business & Finance


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19457630 No.19457630 [Reply] [Original] [archived.moe]

Hey hey heeeeeeeeeey… Hey hey heeeeeeeeeey… Hey hey heeeeeeeeeey.

What’s-a, what’s-a, what’s-a, what’s-a, what’s-a, what’s-a, what’s-a, what’s-a, what’s up, RSRCONNEEEEEEEEEEEECT!

Hey, hey, hey, everybody, my name is Nevin Freeman and I am coming from Oakland, California and this is about the magnificent Reserve Protocol and RSR!

Let me tell you guys that I am so excited, I am so happy, I am really so thrilled to be right now sharing this amazing, glorious, super and exciting moment of my life with all of you guys. And let me tell you that we are really changing the world as we know it. The world is not anymore the way it used to be, mm mm, mm, no, no, noh!
Faith and belief is the one thing we will need to be able to change the world. And right now, I believe, that in this room, we have the seed, that’s gonna germinate, and that is going to explode, into an amazing opportunity for us to change this entire world!

RSRCONNEEEEEEEEEEEEEEEEECT! WOOOoo… RSRCONNEEEEEEEEEEEEEEEEEEEEECT!

>> No.19457641
File: 309 KB, 532x484, rsv.png [View same] [iqdb] [saucenao] [google] [report]
19457641

>>19457630
EVERYBODY I KNOW IS USING RSV

JUST LOOK AT THESE SATISFIED USERS

>> No.19457764

- Peter Thiel: 42,000,000,000+ RSR
- Commander: 500,000,000+ RSR
- Hannah Barron: 100,000,000 RSR
- General: 50,000,001+ RSR
- Lieutenant General: 25,000,001-50,000,000 RSR
- Major General: 17,500,001-25,000,000 RSR
- Brigadier General: 12,500,001-17,500,000 RSR
- Colonel: 7,500,001-12,500,000 RSR
- Lieutenant Colonel: 5,000,001-7,500,000 RSR
- Major: 3,500,001-5,000,000 RSR
- Captain: 2,500,001-3,500,000 RSR
- First Lieutenant: 2,000,001-2,500,000 RSR
- Second Lieutenant: 1,500,001-2,000,000 RSR
X<><><>X<><><>X
- Sergeant Major: 1,000,001-1,500,000 RSR
- Master Sergeant: 900,001-1,000,000 RSR
- Sergeant First Class: 700,501-900,000 RSR
- Staff Sergeant: 500,001-700,500 RSR
- Sergeant: 300,501-500,000 RSR
- Corporal: 100,501-300,500 RSR
- Specialist: 50,001-100,500 RSR
- Private: 1-50,000 RSR
X<><><>X<><><>X
- Subhuman RSRlet: 0 RSR

>> No.19457800

Important sidenote
>The major problem with the majority of stable coins at the moment is many of them dont have the capacity to actually scale when the crypto market cap enters into the trillions. This bullrun we're in right now will see massive adoption of stable coins as anons begin selling off into them at the ath. What the Reserve protocol manages to accomplish is the establishment of a regulatory compliant stable coin that has the ability to scale for world wide demand and a crypto market cap exceeding 100 trillion. For these reasons, and a long list of many others, smart money is in on this dark horse early, and make no mistake - marketing for Reserve will kick into high gear in Q3 and many nu-bizlets will miss this boat, ultimately being quickly priced out of making exponential gains.


IMPORTANT UPDATES FROM THE RSR DEEP RESEARCH TEAM
>Peter Thiel is only known to have invested in 3 cryptos: ETH, EOS, and now RSR/RSV - his investment history and patterns are overwhelmingly correct.
>Former SEC Commission (& Adviser to Pres. Trump) Paul Atkins named as an advisor to Reserve.
>Articles in Forbes and Bloomberg expected by in Q3-Q4 in conjunction with marketing.
>RSV launches in Q3 2019 - roadmap changed and was moved forward a few weeks ago.
>RSR burnrate confirmed at 2-5% annually in USD value of the total supply by Reserve devs.
>Lots of arbitrage trading going on with traders on HotBit and upselling on IDEX.
>Coinbase listing for RSR/RSV in 2020
>Huobi is building a DeFi that will encompass RSV

(Circulating supply on CMC is incorrect)
>https://www.coingecko.com/en/coins/reserve-rights-token

Price projections
It is important to point out that the Reserve protocol was designed around the concept of a high price for RSR - which is why the devs see a target of $10 in the 3-5 year range. The higher the price for RSR the more resiliant and stable RSV becomes.
2021 eoy: $1.30
2022 eoy: $2.80

Dev site: https://reserve.org/
RSR Deep Research Discord: jyXx96Q

>> No.19457813
File: 2.15 MB, 2803x1648, ohyesyesyes.png [View same] [iqdb] [saucenao] [google] [report]
19457813

>>19457764
>>19457641
>>19457630
Damn OP.. it must be awesome being smarter than pic related? why are you here again? oh cuz ur not.

>> No.19457944
File: 165 KB, 760x884, nevin adoption.jpg [View same] [iqdb] [saucenao] [google] [report]
19457944

>>19457813
RSV IS GETTING ADOPTED AS WE SPEAK MY MAN

>> No.19457986

-RSR can be burned by arbitrators when the price of RSV is over $1 - these will mainly be bots.

-RSR can be burned when the vault ratio exceeds a certain threshold. RSV is stable but the assets that back RSV fluctuate in value. Any excess reserves in the vault over a certain target ratio can be used to exchange $1 RSV for $1 RSR. For example, If the RSV supply is 3.7 billion (Tether) and the vault assets appreciate by an estimated 4% of RSV including transaction fees earned that would burn ~$150 million worth of RSR. That is ~40 billion RSR at current price. This is the real value of holding RSR.

-RSR can be minted when the vault ratio is under a certain threshold. There are risks that the vault is backed with assets that depreciate in value so RSR will be sold on exchanges.

-MakerDAO and Reserve valuations will moon if securities tokens get approved by the SEC. This is the end game. Trillions in assets that can be locked into the protocols and all interest earned on the circulating supply of DAI/RSV goes towards burning MKR and RSR. There is a reason Facebook is getting into the stablecoin issuance market. All these will run on oracles - Chainlink will be fed.

>> No.19458001

second lieutenant reporting. RSR has held value better than anything in my folio between 2019-2020

>> No.19458010

John Nash - The Nobel price winning economist described "Ideal Money" Its very similar to what RSR is planing with RSV.

RSR is like investing in a startup central bank. The value they could create if successful will put any meme X on blockchain project in the shadow. Including Link.

Thats why Libertarian thinkers like Thiel and Sam Altman are involved.

https://en.wikipedia.org/wiki/Ideal_money
http://personal.psu.edu/gjb6/nash/money.pdf

It also doesn't matter how many brainlets will buy into RSR, the longterm value will come from its adoption. If there is no adoption it will just end up beeing a failed startup/shitcoin.
If we should see adoption of RSV or RSD then RSR price will explode.
Reserve panel at Davos 2019
https://youtu.be/rb4e34btRbQ

>> No.19458051

By 2021 we should see a $0.40+ RSR
as by this time it will have already been listed on Coinbase and all major exchanges.
Its a long value investing position.

Estimates on the rate of RSR burns is 2%-5% per year in USD based on increased adoption rates.
And that figure is taken from a Reserve developer from the following post:

>We estimate that about 2-5% of the USD value of the RSV in circulation will be burned in RSR per year. This comes from estimates about RSV velocity (for the transaction fees) and average collateral token appreciation rates (for thinks like tokenized treasury bills). So it's just an estimate.

>This means that if there are 100 million RSV in circulation, we estimate that about $2-5 million worth of RSR would be burned per year. If RSV grows larger, the rate would be higher, e.g. with 100 billion RSV, that would be about $2-5 billion worth of RSR burned per year.

>This is one of the subjects we are lookign forward to explaining in depth in one of our Rights-holder Update calls!

Based on the projected burn rate, that target price I just posted is a conservative figure.
Absolute long term in the 8-10 year range would easily clear $4-$8

>> No.19458067

The major problem with the majority of stable coins at the moment is many of them dont have the capacity to actually scale when the crypto market cap enters into the trillions. This bullrun we're in right now will see massive adoption of stable coins as anons begin selling off into them at the ath. What the Reserve protocol manages to accomplish is the establishment of a regulatory compliant stable coin that has the ability to scale for world wide demand and a crypto market cap exceeding 100 trillion. For these reasons, and a long list of many others, smart money is in on this dark horse early, and make no mistake - marketing for Reserve will kick into high gear in Q3 and many nu-bizlets will miss this boat, ultimately being quickly priced out of making exponential gains.
Stop giving attention to these reddit plebs with their millions of dumb questions they keep repeating every minute. They're also scared of the total supply, imagine that. Leave them behind, if they don't wanna put any effort in learning about it themselves they don't deserve it anyways. RSR will perform great regardless. And be sure not to let the redditor cucklord faggots know that the more accurate supply for RSR is around 20 billion for the first 3-4 years of its operation.

>> No.19458089

you niggers need to read John Nash Ideal Money.
http://personal.psu.edu/gjb6/nash/money.pdf
This is a true viable solution for world reserve currency.
RSR goal is to bring this to a reality.
They solve the counterparty problem by holding assets from a many different issuers.
Example: They will start by holding USDC, DAI, TUSD. If one of those issuers loses the peg they will issue RSR and sell them on the market to prop up the price.
This way RSV becomes a much supperior token then Dai, USDC, or TUSD in itself.
Later on they plan to diversify this asset basket further by adding more assets e.g. gold backed tokens. Longterm they will have a wide basket of 100+ assets. That way even if one of the assets goes bankwupt they can back it with RSR.

>> No.19458105

LURKERS & NEWFAGS BEWARE - RSR WAS A BIZ PND THAT THOUSANDS OF ANONS GOT BURNT ON IN 2019

RSR was a Peter Thiel invented ERC20 scam token.
Almost everywhere online RSR threads are deleted, ie plebbit, its that big of a scam.
The actual daily 24hr volume on RSR is under $10,000 - CMC reported volume is 99% wash trading
Don't believe me then buy $300 worth of RSR and watch the price move by 20%

Around the time that these jews were pumping RSR they shilled /biz/ CONSTANTLY with it.
There was at least 15-25 spam threads about it daily up until they dumped their bags on all the anons buying in.
It was a coordinated pump and dump and these RSR scamming faggots think that /biz/ has forgotten about what they did.
Lots of anons were fooled into buying it at $0.009-$0.007
Now there are tons of bag holders of this shitcoin and ALL of the RSR threads on /biz/ are made by these jewish faggots where they coordinate /biz/ shilling in their RSR telegram.

This project has a better chance of always being worthless than even worth $0.05
No one will really tell you the truth about this scam because so many ppl were suckered into buying it on /biz/
Truth is, not many ppl are smart and wise to scams and it takes a high IQ to realize that RSR is a jewish scam token.
What's more is the RSR shills are now only making about $0.08 per RSR post and it keeps dropping.
It's incredibly not profitable for anyone besides RSR fags to hodl this shit.

Don't fall for this fucking jewish scam token, its always going to be worthless.
>entirely community driven
>zero money for marketing or exchange listings
>scam artists for devs - who literally orchestrated a pump and dump on bizlets
>pajeet shill faggots who constantly spam threads about it bc they are so desperate for you to buy their bags because LITERALLY NO ONE IS BUYING THIS SHIT ANYMORE

What's more is that RSR DOESNT EVEN PUMP WITH LEGACY BITCOIN!!
>do not reply to RSR shills

>> No.19458120
File: 87 KB, 396x524, rsr ranger.png [View same] [iqdb] [saucenao] [google] [report]
19458120

>>19458089

>> No.19458127

The key benefit to holding RSR is that it enables participants to profit through arbitrage opportunities whenever the value of RSV is trading above $1.00 on exchanges. Arbitrage is defined as the simultaneous buying and selling of an asset in different markets in order to take advantage of price discrepancies. The same principle applies to decentralized ecosystems and has been driving much of the trading volume in stablecoin markets.

From a crypto-arbitrageur’s perspective, Prime participants could be in an advantageous position, as they will be able to acquire RSR at the offering price. Should the price of RSR increase prior to the launch of the Reserve Protocol, the entry fee for participating in arbitrage opportunities would be less than if they acquired the RSR on the open market post-launch.

Here is a brief overview of how RSR arbitrage trading works: When RSV is trading above $1.00 on exchanges, any excess RSV tokens in this pool can be purchased from the Reserve smart contract by RSR holders exclusively for $1.00 worth of RSR. Once the purchase is made, RSR tokens are burned.

For example, say RSV was trading at $1.02. In this scenario, participants could buy $1.00 worth of RSR on an exchange. If there is excess RSV in the Reserve vault, RSR holders could then use the $1.00 worth of RSR to purchase the stablecoin through Reserve’s smart contract. Once in possession of RSV, these token holders could go back to an exchange and sell the RSV at market price, making a profit of two cents per token.

>> No.19458152

Reasons why smart money anons are buying:
>The Reserve protocol is the first ever invention of currency to fit the criteria of John Nash's "Ideal Money"
>Investing in Reserve/RSR is like investing in a startup central bank. The value they could create if successful will put any meme X on blockchain project in the shadow.
>Thats why Libertarian thinkers like Thiel and Sam Altman are involved.

Read up and then really focus on understanding the Reserve protocol and see for yourself:
https://en.wikipedia.org/wiki/Ideal_money
http://personal.psu.edu/gjb6/nash/money.pdf

It also doesn't matter how many brainlets will buy into RSR, the longterm value will come from its adoption. If there is no adoption it will just end up beeing a failed startup/shitcoin. If we should see adoption of RSV or RSD then RSR price will explode. Currently Reserve is the perfect asymmetric bet of 2019 with the best R/R ratio.


Another major reason that the more "elite /biz/ness men" are in early on RSR is because the Reserve team was invited to present at Davos. If you are not aware, Davos is literally the most elite business conference there even is on earth. It's impossible to go any higher than Davos as its the tippy top of the AAA list.

Reserve panel at Davos 2019
https://youtu.be/rb4e34btRbQ

RSV fulfills the true vision of sathoshi that is decentralized P2P electronic cash used for online commerce. Only fully decentralized stable coin can fullfill that vision. RSV is satoshi’s dream come true.

>Peter Thiel
>Sam Altman
>Coinbase
>Block Tower
>Refactor Capital
>Semyon Dukach
>Jack Selby
>James Glasscock
>Jeff Morris Jr.
>Maja Vujinovic
>And more
All literal whos owning only RSR tokens (Coinbase being the exception for legal reasons - they asked for equity instead). Reminder: the people above profit from a high price and recognition of RSR. Let that sink in.

>> No.19458155

>>19457813
RSR is the most overvalued shitcoin available on the market right now.

>$341 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.

>> No.19458171

Nevin's answer in telegram:
I occasionally get messages sent to me personally about this – people want us to only say positive and bold things about the future of Reserve. They probably want this so that the price will go up in the short term. Hey, I don't blame them, if I'm holding a token I guess I'd like the price to go up too.

But we're focused on real progress, and our team holds truth in high regard. We actually discussed this topic at our all-hands meeting yesterday. One of our core values is truth – both in terms of honesty and in terms of understaning how the world works. We think that these are both important to building a strong and healthy team and solving hard problems in the world, and this is certianly a hard problem that we are attacking. As we progress, more and more things will be worthy of announcement and marketing, and as we solve more and more fundamental problems, I expect our team to grow and become more and more outspoken about our way of doing things.

I know it might be upsetting to some people if we say things like this, or if we don't focus tons of energy on marketing for a period of the project. But we are playing a very long game here, where we need to (a) build lots of solid fundamental tech, which takes time and focus, and (b) attract the highest quality people in tech and crypto, who are often repelled by marketing that could come off as scammy.

Wish I had time to write a whole piece about it – we have many things we'd like to say to the world, but there's a lot to focus on internally. Today I'm catching up on a mountain of unread email and Telegram messages, so I figured I'd stop by the channel and say hi.

>> No.19458173
File: 837 KB, 1200x810, reserve army.jpg [View same] [iqdb] [saucenao] [google] [report]
19458173

>>19458152
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.19458186
File: 87 KB, 683x676, 65165164645632133.jpg [View same] [iqdb] [saucenao] [google] [report]
19458186

>>19458173
I want to tell you a story.

I went into your telegram channel. I think it's called RSR general or some shit. I spoke with some Admins, as well as those in the community who were seemingly active.

I asked them, "why should someone invest in RSR instead of another project. For example, fantom is my personal choice because of their CBDC work. Why is RSR a better pick?

They told me "I believe it's better to have many tokens instead of a couple, so you're more likely to hit a moonshot."

Now there's nothing wrong with that for a biz gambling mindset. But to be told this by the active members of the community....it's not exactly reassuring. The admins were of no help. Wouldn't answer a question, kept simply telling me to read the pinned links. I did, and they didn't provide anything of any substance whatsoever.
[1:42 PM]
The white paper is shit. The tokenomics are shit. The only thing this project has is Peter Thiel. But a name isn't exactly enough to provide substance. But who knows, if I were to pick a project to do CBDC's in America....I guess it would be them? But the Americans would most likely build their own consensus, or take from Xar. I just don't see a need for RSR and RSV whatsoever.

>> No.19458191

>>19458173
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.19458203

>>19458191
There is no movement or communication from the dev team, The circulating supply keeps mysteriously increasing. The entire pitch right now is decentralized store of value but it's just pegged to the dollar like the other 30 "stable" coins. The whole point is to get away from inflationary currencies yet RSV is currently pegged to one. RSR has an overstated role in the system and is turning out just to be a scam coin attached to a stable coin with no actual timeline to change that. Huge dump incoming.

>> No.19458211
File: 1.08 MB, 896x776, based compilation.png [View same] [iqdb] [saucenao] [google] [report]
19458211

>>19458186
this is your CEO

>> No.19458234
File: 102 KB, 1089x595, pumpanddump.png [View same] [iqdb] [saucenao] [google] [report]
19458234

>>19458203
how do we know Satsgang exists?
JUST READ THIS:

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

I will also provide proof that they are real

>> No.19458256
File: 377 KB, 1419x1176, satstwitt.png [View same] [iqdb] [saucenao] [google] [report]
19458256

>>19458234
BEFORE they were exposed as satsgang, they all used to tag their tweets with #satsgang

now they've rebranded as Spectre Group and can be found in this TG group

t.me/SPECTRE_GRP

>> No.19458278
File: 16 KB, 360x360, satsgangpnd.png [View same] [iqdb] [saucenao] [google] [report]
19458278

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.19458305

>>19458211
Look at how RSR shills never bump certain posts, they want to emulate LINK shills by making custom memes and it's highly likely that it's all shilled by the same group, I'm doing this because I worked my ass off to get my economics degree and I hate a fucking ignorant fuck talking shit with the attitude of someone that know what he's talking about.

If you know basic economics and basic tokenomics you already know that this shit is a scam but if you don't know here some facts:

RSR CEO has no academic background, Linkedin has no University or nothing,
Youtube videos comments are disabled because they know they're talking shit.
Tokenomics unsustainable and totally vapourware.
Forbes article made by muh contributor
Devs hold 70% of the supply
Circulating supply is 4% of the total which means you'll need at least a 25x to only break even long term.
No company address on the website, no professional info whatsoever.


There's literally nobody on the team that has the proper economic knowledge to even properly consider the idea that they've thought of.

They literally have N O T H I N G to show for, no code, no algorithms, just a few blog posts and screenshots of an app any 10 year old could create.

As I have previously stated they will face regulatory issues, the sec won't just allow them to "become the biggest stablecoin business" dealing with sanctionned countries. Even if

Reserve seems to claim they need KYC - i disagree, they need AML. They cant seem to tell the difference.

Getting off the peg, lol what fucking retards, even Tether, the biggest ponzi of all is pegged, they don't talk about public statements about the reserve, they don't talk about nothing, they just go arond with the attitude of being intellectual and that's why I hate them, at least Bitconnect was obvious and funny, ZBUX is a meme, BRAP too, these guys act as academics and that's why I hate them, because they're not even 1/100 of what an academic is

>> No.19458325

Listen anons, I wanna level with you, I used to be a male escort and I was contracted to service Sergey years ago, I know why he hired that pornstar. One of the things I specialized in is giving closeted guys their first gay experience. Well one day a shy chubby lad comes in and he told me his name was Sergey. Anyway after having sex he started crying. I asked him what was wrong, he said no one would accept who he was. Turns out he’s a piss fetishist who wears adult diapers and he now sends me pictures of him in them telling me shit like “filled it up! :)” Sometimes when he goes to mcdonalds he send me his epic meal times of multiple big macs and wonders if hes gonna rupture another diaper. Anyway, I now am on sergey's speed dial, he now pays me in link. Thats why I put up with his diaper shit. I hate ramming his asshole through the diaper and i hate referring to his asscheeks as "mcbuns for fun" Last time i did an incall for him he gave me a big mac, he claimed it had a special sauce, the absolute madlad cummed all over my burger. Im literally crying rn anons, he has taken a liking to further and further degeneracy and i cant take it anymore, I like to convince myself the 200 link is worth it but he wants to do an egg impregnation, for those anons who dont know what that is, he wants me to gape his asshole and shit in his ass. He wants me to fucking shit in his ass and fucking rub his belly like hes fucking pregnant. I try to tell myself the link is worth it and ill be able to afford enough therapy, whiskey and women to fix this and make me forget it, but i dont know if sucking a tit constantly for 50 years would cure me of this faggotry, im going to be the richest prostitute in the world and i still dont know if it was worth it.... sometimes....sometimes I want the fud to be real so sergey wont be able to afford me anymore....

>> No.19458345

>>19458278
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 collateral depreciates 5%, the protocol would need to mint and SELL $5 MILLION WORTH OF RSR tokens. When the current RSR mc 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.19458352

>>19458305
WHO IS SATSGANG?

READ THIS OLD THREAD:

>>https://warosu.org/biz/thread/16850971

>> No.19458360
File: 40 KB, 640x640, 1590542673934.jpg [View same] [iqdb] [saucenao] [google] [report]
19458360

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 become 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.19458369

>>19458352
ANOTHER EARLIER CASESTUDY ON SATSGANG

READ

>>https://warosu.org/biz/thread/16873299

>> No.19458374
File: 50 KB, 600x600, 1562181595182.png [View same] [iqdb] [saucenao] [google] [report]
19458374

You will also have access to a smart contract that allows for arbitraging RSV using your RSR. For example, if you own 1 million RSR and the price of each RSR reaches $1 and you decide to arbitrage RSV with it you will get between 2-5% returns as the same percentage of RSR is then burned by the Protocol. That's $20-50k that you profit while keeping your $1M worth of RSR as RSV. You can then cash it out into fiat, keep it as RSV or re-buy more RSR or other crypto with it. As RSV is adopted and more is created this process will continue to burn RSR at a rate of 2-5% per year which can increase scarcity by reducing the supply and further increase the value of each RSR.
April 23, 2020

>> No.19458396
File: 892 KB, 618x784, 1560917681399.png [View same] [iqdb] [saucenao] [google] [report]
19458396

Paypal founder Peter Thiel, other Silicon Valley elites such as Sam Altman, and other Bilderberg Group members w/illuminati ties are engaged in a psyop to inadvertently introduce digital currency and ultimately RSR/RSV to the masses while creating excuses to remove all cash from circulation. Bitcoin was the first stage of the plan and was created by none other than the CIA. The Reserve Protocol is being developed by the illuminati in plain sight and will be the initial functional implementation of the New World Order's singular self-documenting world currency agenda. There is no turning back now.
RSR is the next biggest DeFi project being built on ethereum. It's not on any major exchanges, though binance and Coinbase are both confirmed. It has a team you will have to see to believe. The market cap is tiny, and it's truly running under the radar. Another note about the glorious aforementioned team, these guys get shit done. They themselves are so confident that they have locked up their tokens via smart contract to only release six months after main net and ONLY IF the price appreciates high enough to not impact the price or hurt early adopters with their dump which they may or may not do as they are likely to just arbitrage.

What is arbitrage and how is it relevant to RSR? I'm not spoon feeding you, faggots, I'm merely shilling this coin as an opportunity to get rich quick.

There is so much more to be said, but I'll leave it at that. If you have any questions feel free to ask ITT. Ignore and fud about 12 year old kiddies and there telegram group. Think long and hard before you invest in anything else other than RSR. Lastly for the truly retarded biz posters, RSR is the utility token (think Maker) and RSV is the stablecoin (think DAI). You want to buy RSR and sell it once.it exceeds $1 in 2021.

>> No.19458406
File: 59 KB, 700x700, 1562420272645.jpg [View same] [iqdb] [saucenao] [google] [report]
19458406

(Wakes up) The birds are singing, the flowers are blooming, my dick is throbbing, what a beautiful day for acccoomulating. Good morning Nevin Freeman, I've been awake for 20 whole seconds and I haven't accoomulated yet. It's time to hope on my porn throne and machine gun jackhammer my bloodshot death-grip bloodshot semi chub with my roided doomfist once again! (Set bids on Huobi). I-s...is that a Peter Thiel?? HMMGH, I-I MUST SNIFF, SNNNNNNNNIIIIIIIIIIIIFFFFFFFF** OH GOD (FAPFAPFAPFAP) FUCCKK, HUHGHU, SNIIFF, HUHGJGUHHGUGHU (MARKET BUYS) I-I-IM COOOMING!!!!! IM COOMING, IM COOMING IM COOOMING IM COOOOOMING COOOOOOOOOOM, COOOMING, FUCCKKK, AHHAFHHAHUHG, COOOOOM, AW FUCK ITS EVERYWHERE, COOOOOM, AWGAHUGHAHG. Aw fuck, aw fuck. oh jesus. ahhghhha, there you are, my slippery white goo to the world, my RSR, my RSR...Well, it's time to get breakfast...well a little accoomulate first wouldn't hurt.

>> No.19458422
File: 1.06 MB, 938x810, file.png [View same] [iqdb] [saucenao] [google] [report]
19458422

its sad that i have to point this out to you nubizlets but when the USD fails at 100% just like the 2000+ fiat currencies exactly like it did before it existed the only actual currency presently in existence that actually has a high stability factor unlike inflationary fiat will be decentralized stable coins, prodominatly RSV 2.0 (just launched) and the FAT gains to be made off of RSR is just unbelievable. most of you desperate 3rd world shills will never understand the true value of builderberg projects like Reserve. you probably dont even know what builderberg is you are literally that fucking poor and financially illiterate. if you made it this far in this high quality post you really need to start putting on some weight, especially if you are a big fiat bag holder beccause that fiat is going to be worthless faster than u think, sweatie.
December 15, 2019

>> No.19458439
File: 396 KB, 2486x2486, 1564013429357.jpg [View same] [iqdb] [saucenao] [google] [report]
19458439

Yes, you can make it with anything over 50k.

Until mainnet happens it's hard to give a realistic approximation of when we'll see something like $10, but just based on my current understanding of the Protocol I don't see why it can't easily break through $1-3 within 1 year after mainnet and then reach/break $10 a year after that.

The main reasons given against this prediction is the total supply of 100B, but 55% of it is locked in a slow release smart contract which is a safeguard against "exit scamming" as well as open market "dumping" so I don't think that's going to be a big barrier for the price movement going forward. The next reason given is that investors will dump their tokens since they have no such limitations (after 2020 mainnet), but this is also unlikely, investors like Thiel who bought RSR tokens will most likely arbitrage (early), which will burn some of the supply and slowly increase the scarcity and add value to the rest of their tokens. It wouldn't make sense for these investors to dump the tokens into the market where it could reduce the value of their other tokens which they could potentially use for arbitrage in the future as adoption rate increases and more investors gain confidence in the system and being to arbitrage.

With this said, if most of the supply stays locked. Most of the big investors avoid big market dumps and the arbitrage system works as intended then it's very likely that we will see $10+ much earlier than people think. Just because the price is extremely low at the moment and it seems stagnated doesn't mean that things can't change very quickly as real world adoption starts to happen. The demand for something like RSV is extremely high and only fudders will try and argue against this. We know there's an extremely high demand based on real world events happening right now all over places like Venezuela and Argentina. People flocking to crypto as a safe haven even though there's a high risk of volatility. DYOR

>> No.19458450
File: 55 KB, 760x708, pttr.jpg [View same] [iqdb] [saucenao] [google] [report]
19458450

>>19458422

P-P-PETER THEIL

>> No.19458454
File: 793 KB, 900x900, 1563153852903.png [View same] [iqdb] [saucenao] [google] [report]
19458454

>1. It has insane venture capital backing
Peter Thiel and Sam Altman are invested in Reserve. For those unaware, Peter Thiel is one of the most famous venture capitalists and an investor in Coinbase, so Peter Theil and Coinbase Ventures are backing Reserve Protocol. Sam Altman is another very prominent angel investor and a head of YCombinator. These dudes don't fuck around and buying RSR is basically following the smart money. Besides that, Peter Theil involvement almost surely means Coinbase listing in the future
>2. It is a huge, ambitious project
Reserve aims to be a stablecoin for countries with high inflation or hyperinflation, such as Venezuela. For this they have a two-token system (stable RSV and collateral RSR that can appreciate in value). Instead of focusing on some obscure fintech stuff, they are focusing on a concrete and real problem that they try to solve. Cryptocurrency stablecoin is inevitable and it shows (Facebook dipping their toes is a huge sign that companies ARE interested in it).
>3. Reserve Protocol will have a first-mover advantage
But how, would you ask? Isn't Facebook going to capture the market first? NO and NO. Financial regulators HATE Facebook and as soon as Zucc released Libra idea to the world, regulators immediately said that he should back off and that they do not like it at all, especially in the light of data privacy breach issues. So Facebook show that there is demand for crypto stablecoin, but they don't have the means to deploy it fast, whereas Reserve does. Which brings us to the next point.

buy now faggots or forever regret your decision

>> No.19458465
File: 184 KB, 840x856, 1562653516078.jpg [View same] [iqdb] [saucenao] [google] [report]
19458465

>>19458450
I'm not going to insult my fellow anons' intelligence by trying to shill you RSR as if it's some kind of legit project. I'm going to be forthright with you guys, this shit is 100% a scam token. That being said, it's a scam token that we can still get into at the ground level, and my research leads me to believe this could legitimately unseat the OneCoin scam when it peaks. We could make a lot of money on this shitcoin as long as we dump our bags on the normies at the right time. I'm not suggesting you go all-in like a retard, but picking up a small bag could be quite lucrative in the long run.

>> No.19458475
File: 1.12 MB, 1253x1091, NNNNNNNNNNN.png [View same] [iqdb] [saucenao] [google] [report]
19458475

>>19458406

>> No.19458489
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19458489

>>19458475
all you had to see was first the shilling with expensive cars. Then it turned into "beautiful" women who were most of the time niggers with disgusting butts. Then they were posting fat land whales for a while. Its not hard to spot out these scams you just really have to lurk here long enough to be able to see quality posts, then contrast them with the scam posts
December 30, 2019

>> No.19458514
File: 259 KB, 480x458, NOOOOOOOO.png [View same] [iqdb] [saucenao] [google] [report]
19458514

>>19458454
STOP FUDDING RSR YOU CAN'T KEEP DOING IT FOREVER

>> No.19458526
File: 50 KB, 540x624, sturdy.jpg [View same] [iqdb] [saucenao] [google] [report]
19458526

>>19458514
MY RESERVIES STAY STURDY

>> No.19458544
File: 52 KB, 500x749, 1567454620206.jpg [View same] [iqdb] [saucenao] [google] [report]
19458544

>>19458514
I just overheard a skinny guy in a Waffle House this morning talking about "rsr coin" this morning.

In fact he looked a lot like Nevin.

In fact he was wearing a Coinbase shirt and telling everyone he was working on a “great scam” that would “net him a lot of All-Star Breakfasts next year”.

>> No.19458571
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19458571

One of their first alleged investors was FENBUSHI CAPITAL. Notice how there is NO MENTION of Reserve on Fenbushi's website. This investment was very likely FABRICATED to give an air of legitimacy that they would then leverage to convince other firms to invest. I'm still investigating this so it's quite possible that several other firms on their list of investors are fabricated as well, but either way this is a NO GO. These FRAUDSTERS may have bilked capital out of several firms already but it's not too late to save yourself from being robbed. Do not buy, market dump if you already have. Remember to do your DD moving forward.

>> No.19458586
File: 418 KB, 1194x668, Reserve Lodge.jpg [View same] [iqdb] [saucenao] [google] [report]
19458586

I have a PhD in crypto economics and mathematics. Crypto incentives in RSR are a legitimate concern. I saw Nevin Freeman speak at a conference recently where he mentioned tokens and asked him about the token economics of a stablecoin system like Reserve is developing. The problem is that the actual purpose of RSR is fuzzy at best and not even figured out fully by the team (see the youtube videos for Nevin stuttering about this). When I brought it up to Nevin Freeman, I told him that in the way the network is expected to be used, the arbitrage gains expected would actually decline as the RSV token becomes more ubiquitous because as adoption grows more widespread, the token value fluctuates less and less. This makes sense if you took a few advanced cryptoeconomics courses. Nevin admitted that it was a great question but that they were "actively pursuing research in that area." I sold my RSR immediately after that and saw a significant dump on the Huobi charts. It's pretty clear these guys are pulling you along making you think they're doing something revolutionary when the tokenomics aren't even fully determined yet.

>> No.19458593
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19458593

I need scissors! 61!

>> No.19458600
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19458600

I refuse to get involved with this coin cuz unbased virgins keep trying to force fat chicks as some sex symbol for this coin and I refuse to have anything to do with coins that have virgin boys promoting fat ugly unattractive blobs of failure and keep going SEXY RSR GIRLS ARE THICK and other mentally ill virginal things someone that's never touched a girl would say.
so nope cant suppose this pro-fatty coin cuz blindboys are trying to force fat females as anything other than hidious and gross.
get rid of that plague on your coin and community and ditch the queers and trannies and i'll consider investing in it. but long as virgin boys force fuggo fatties on this coin and queers and not natural born females it's a super hard pass.
and calling me a bunch of meaningless npc words wont change the reality of this coin and why it'll ultimately fail

>> No.19458615
File: 248 KB, 1200x859, kyssatsgang.jpg [View same] [iqdb] [saucenao] [google] [report]
19458615

>>19458571
Only once will I post this. Only once.

Those of you who have been blindly following the RSR shills are absolute fucking retards. If you had an IQ above 90 and spent 30 minutes researching, you'd actually understand why you are making the worst investment of your lives.

The problem with this board is literally most of the RSR shills could not explain to you why RSR is actually an amazing shitcoin. The few anons that do get it's a scam and post legitimately useful information get ignored because most of this board is dense and dumb as fuck and when they can't understand something is a scam they act like it wasn't even posted.

RSR is next gen ponzi. It will make all current holders with 1m+ bankrupt. You may have to wait 2-3 years, which most of you will be too dumb to do. You'll see a decrease a year from now and because you've been checking the price every fucking day for over 1500 days you'll think "fuck it, I'm selling, this isn't going anywhere!". When the token actually goes to zero you'll be holding the keys to your piece of shit Pontiac and those of us who weren't total brainlets and didnt buy will be having you park our Bentley's because you work as a fucking valet now.

This is not pasta. Do not repost this. This is simply the truth. Fucking screencap and check back in 2021. You know I'm right, I always am.

>> No.19458627
File: 328 KB, 507x676, file.png [View same] [iqdb] [saucenao] [google] [report]
19458627

>>19458615

Dude, I am all in RSR for the Reddit approved medley of African americans, women, LGBTQ, and cuckold/polyamorous developers on the team. This coin is diverse as fuck. it is le epic XDDD . These retard pajeet FUDders will hang themselves when the parliaments of Venezuela, Yemen, and Congo convene and officially enact laws to make RSR their respective national reserve currencies. Rich jews invested 0.0000000000001% of their networth in it for fuck's sake!!! If you don't take out a mortgage to go all in on this once in a lifetime, needful opportunity, you will be sorely regretting, sir. I hope you bought your tuxedosn and butt-plugs, gentleman, because we are going straight to Lambo-land!!!11

>> No.19458640
File: 58 KB, 498x435, grug thiel.jpg [View same] [iqdb] [saucenao] [google] [report]
19458640

>>19458600
Lmao u guys are DELUSLOOOOOJINALL— Peter Thiel ONLY SAID YES TO THE SITE because he is fucking Little Nev Fairy. Nevin is his butt buddy.

I love gay people, and they love to suck each other off. I really wish them the best, hopefully they will get married too (yes progress!) but RSR is simply a way for Peter Thiel to keep Nevin sucking him off.

Keep in mind- Thiel has billions of $$. He only invested like a few $$ millions. So, barely a fraction of a fraction of a percent.

It is as good of an investment as a high-class whore. Nevin is his whore. Easy, he made one payment, gets some “fun money” so he can show pppl in his lil Ethereum wallet, and then he gets sucked off by Nevin without having to continually pay him his sex fee.

If you have this, I would sell IMMEDIATELY. Not that u can anywhere anyway because even the EXCHANGES know this is a (literal) gay scam.

>> No.19458660
File: 318 KB, 507x676, file.png [View same] [iqdb] [saucenao] [google] [report]
19458660

>>19458640
The RSR discord must be on another fudposting campaign. Discord trannies don't realize fudding will only shorten what brief period of accumulation they have left.

>> No.19458665 [DELETED] 
File: 107 KB, 646x774, mex.jpg [View same] [iqdb] [saucenao] [google] [report]
19458665

>>19458627
fixed version for RSV release in Mexican countries:
"Eeey Conchita, want anything from Starbucks?"
>"Si vata, I wanna mocha puta supreme! But can you go get it for both of us, I don't want to stop watching this novela eh"
"Sure, can you send me some money though? My pesos are worthless, and what I did have I spent on Jorge!"
>"Yeah vata, I just got this new app "Reserve Rights Protocol". Download it and send me a request!"
"Wow, I just got it too! I'll put in a request. Hmm, that's weird Conchi, it's saying I need "RSV/RSR tokens". Wtf is that?"
>"Uh, this app is so fucking loco. LOCO AND ESPELUZNANTE. Why do I need a token to send money eh? How do I even get them?"
"Just delete it Conchita and use venmo. That app was made by gringos and creepy ugly losers."

>> No.19458676
File: 428 KB, 626x676, file.png [View same] [iqdb] [saucenao] [google] [report]
19458676

>>19458665

Anyone with an IQ above room temperature merely need skim Reserve's whitepaper to uncover the centralized shitcoin behind the crude facade of decentralization. You're absurdly naiive if you think spreading out the asset custody would stop the Feds from seizing the backing assets. Long before RSV's influence would even call for such drastic action every country on the god damn planet would outlaw this shitcoin to preserve their monetary sovereignty. Heed my advice anon, Nevin is selling you a dream that can never possibly come to fruition. Sell your bags while it's still legal to do so.

>> No.19458695
File: 48 KB, 645x444, nevlodge.jpg [View same] [iqdb] [saucenao] [google] [report]
19458695

When I first noticed it getting shilled here, the shills were pretty smart and articulate. Some anons bought into the coin at that time and have been aggressively shilling and defending it ever since. The first wave of shills disappeared after about a week though, because their writing style was totally different than anything I've seen in RSR threads since. My theory is that the team sent some of their people to shill here for a few days, and the shilling that has been done here since then is a retarded grassroots effort from anons who are emotionally invested in the coin because they think they're clever for getting in early.
it seems like everyone will just invent their own stablecoin. I don't see RSR becoming a main trading pair soon and i think venezuela would never let their people use rsr over a state backed crypto.
all the shill just seems low level and maybe that's what is turning me off.

after all is said is done RSR will release 100 billion tokens, they control over 60 billion now. It's a scary thought for investors. Billions of tokens possibly hitting the market, at what times? will they play it smart and use discipline? few companies can do it with their stock. After I bought XRP in 2017 I made a lot of money but I sold because I knew it wasn't going to last

>> No.19458696
File: 350 KB, 508x676, file.png [View same] [iqdb] [saucenao] [google] [report]
19458696

>>19458665
>fixed version for RSV release in Mexican countries
it looks really really FAT

>> No.19458719
File: 402 KB, 566x676, file.png [View same] [iqdb] [saucenao] [google] [report]
19458719

a-a-a-anon you didn't buy that Reserve land whale lady coin did you???

>> No.19458730
File: 11 KB, 249x202, exposed.png [View same] [iqdb] [saucenao] [google] [report]
19458730

>>19458676
Satsgang shilling this trash again. Beware of anything they shill and follow their Twitter account. Whatever they shill run from it. They only pump lowcap coins with thin books so they can manipulate it to look like it's mooning when in reality they are dumping on you the whole way. If you are not in Satsgang you are getting dumped on gauranteed

>> No.19458747
File: 107 KB, 646x774, mex.jpg [View same] [iqdb] [saucenao] [google] [report]
19458747

>>19458719
"Eeey Conchita, want anything from Starbucks?"
>"Si vata, I wanna mocha puta supreme! But can you go get it for both of us, I don't want to stop watching this novela eh"
"Sure, can you send me some money though? My pesos are worthless, and what I did have I spent on Jorge!"
>"Yeah vata, I just got this new app "Reserve Rights Protocol". Download it and send me a request!"
"Wow, I just got it too! I'll put in a request. Hmm, that's weird Conchi, it's saying I need "RSV/RSR tokens". Wtf is that?"
>"Uh, this app is so fucking loco. LOCO AND ESPELUZNANTE. Why do I need a token to send money eh? How do I even get them?"
"Just delete it Conchita and use venmo. That app was made by gringos and creepy ugly losers."

>> No.19458814
File: 3.03 MB, 4000x3000, satsgang.png [View same] [iqdb] [saucenao] [google] [report]
19458814

>>19458719
I refuse to get involved with this coin cuz unbased virgins keep trying to force fat chicks as some sex symbol for this coin and I refuse to have anything to do with coins that have virgin boys promoting fat ugly unattractive blobs of failure and keep going SEXY RSR GIRLS ARE THICK and other mentally ill virginal things someone that's never touched a girl would say.
so nope cant suppose this pro-fatty coin cuz blindboys are trying to force fat females as anything other than hidious and gross.
get rid of that plague on your coin and community and ditch the queers and trannies and i'll consider investing in it. but long as virgin boys force fuggo fatties on this coin and queers and not natural born females it's a super hard pass.
and calling me a bunch of meaningless npc words wont change the reality of this coin and why it'll ultimately fail

>> No.19458873
File: 199 KB, 1280x887, 1561865049680.jpg [View same] [iqdb] [saucenao] [google] [report]
19458873

>>19458730
>>19458747
>>19458814
SATSGANG pumped DAG the last few weeks, great example. There was a new thread in biz every hour, the token manipulated incrementally marketing buying their thin books to make it moon with just $2000 it went up 50%
They pressured everyone in telegram to buy and HODL. Now look at the price. Fucking rekt and so illiquid you can't get out.
Fuck this streetshittng scammers, if you are dumb enough to get robbed by an Indian you deserve to lose it all

>> No.19458900
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19458900

If you don't buy RSR, you're racist, sexist, and bigoted. They have a reddit-approved medley of ethnic minorities, women, and LGBTQ individuals on their developer team. You're going to regret this thread once the Parliaments of Zimbabwe and Congo convene to pass legislature to make RSR their official national reserve currency. You have been warned.

>> No.19458918

RSR GOES FROM $.01 TO $1.00 THATS 100% INCREASE

DO YOU WANT 100% GAIN ON YOUR MONEY

OK

THEN YOU HAVE TO BUY RSR. YOU WILL MAKE 100% OR YOUR MONEY BACK

>> No.19459288
File: 263 KB, 500x750, RSR big car.png [View same] [iqdb] [saucenao] [google] [report]
19459288

Thiel was asked about Reserve in this random interview YESTERDAY and admitted he just recently heard about Reserve. Apparently he has no particular interest in it personally, but one of his Jr. associates at his firm mentioned putting in like 75k from a highly speculative "discretionary fund" that he doesn't pay much attention to because it's less than 100k a pop. They talk about it around 16:20 here: https://www.losangelespost.com/2019/10/06/cardinal-conversations-reid-hoffman-and-peter-thiel-on-technology-and-politics/

>> No.19459567

>>19458067
Are 200k RSR a good stack?
I am a fucking poorfag who also owns 3500 LINK. I can't afford any more

>> No.19459631
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19459631

>>19459567
if u hold LINK u can figure it out.

>> No.19459725

Threads like these are Unironically bullish

>> No.19459921

Seeing old memes like the Bitconnect guy makes me hopeful that we can go back to 2017 levels of bullishness

>> No.19460362
File: 107 KB, 967x694, RSR MAIN NET.jpg [View same] [iqdb] [saucenao] [google] [report]
19460362

>>19459921
Main Net is extremely bullish for RSR

>> No.19460578
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19460578

>>19460362

>> No.19460611
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19460611

>>19459567
>>19459631

>> No.19460829

bla bla HOTmkII

>> No.19461318
File: 451 KB, 1242x2688, ED624F1E-0CB0-498F-8366-730DBA286122.png [View same] [iqdb] [saucenao] [google] [report]
19461318

This RSR fud is hysterical. Many OG LINK holders from 2017-2018 including myself from the original discord have been accumulating the fuck out of RSR. Your fud is weak and don’t get left behind anon. This is one of the most legit investments you can make since chainlink in 2018. Ignore all fud and keep accumulating or stay forever broke. The choice is obvious.

>> No.19461330
File: 1.40 MB, 1242x2688, 5C6F30E7-48B1-4AF5-8E19-146416802EFA.png [View same] [iqdb] [saucenao] [google] [report]
19461330

First buy order for link under 3k sats so you know I’m not larping :)

>> No.19461364

>>19461318
>>19461330
What are your price expectations for LINK and RSR ?

>> No.19461397

Short term or long term? These are buy and holds for me. I’m expecting the golden bull run to start towards the end of 2020 into 2021.

2022 I expect LINK to be 100$
2022 RSR around 1$+

>> No.19461433

>>19461397
I can live with that
I am sadly only a poorfag with 3500 LINK und 200k RSR. But it is better than nothing.
Thank you for your opinion fren! Godspeed

>> No.19461470
File: 34 KB, 427x640, RSR-General.jpg [View same] [iqdb] [saucenao] [google] [report]
19461470

>>19461433
Take out a fucking loan, donate blood plasma twice a week, suck 1000 dicks for $25 each just so you can get more capital to buy RSR.

You are just a few months away from being quickly priced out. Cap this.

>> No.19461529

>>19461470
>Take out a fucking loan
I am not retarded.
Even if it goes to $1 in 2 months I wouldn't care,
Would still be a good ammount of money for me.
Going into debt to invest is just absolutely retarded

>> No.19461548

>tfw already have >100k USD in RSR
>tfw can't buy more without selling my linkies
>tfw trapped in salary work because of my visa
should I just neck myself already?

>> No.19461550

>>19461318
>>19461330
legit. rsr is full of untapped potential right now. if my current trade pays off ill be using my profits for another big bag of rsr. 20m is god tier anon. good job. ill be lucky to break 2-3M but im extremely bullish on rsr and im already way in the green with my 800k.

rsr coinbase listing is inevitable once they get the ios app going and they release in a few more countries and start announcing mainnet. coinbase will legitimize the project to the mainstream, and at the same time it gives coinbase a direct on-ramp when they add RSV on coinbase-pro. people from these shit countries with no banks will be able to use paypal to buy rsv through the app, and then send rsv to coinbase to buy BTC or even RSR when they list it. you'd have to be a fool not to realize how big this can be in the current global crisis. people will rush to crypto and use whichever exchange gives them the easiest access to on-ramps.

it will suck if i can't buy more rsr this cheap but im also comfy enough to not care too much. 800k is probably more than enough for me but i wanna be a bit greedy while people are still sleeping on this gem.

>> No.19461703

>>19461470
Refute this:
If we have 100M RSV in circulation and the underlying collateral depreciates 5%, the protocol would need to mint and sell $5M worth of RSR. How will this mechanic not crash the price of RSR when it happens?

>> No.19461722
File: 116 KB, 599x599, 1560905852375.jpg [View same] [iqdb] [saucenao] [google] [report]
19461722

>>19461529
its called margin and no it isnt retarded taking out a loan for $10k to return you fucking $10MM

>>19461703
if you have to ask you are not allowed to know.

>> No.19461784

>>19461722
>its called margin and no it isnt retarded taking out a loan for $10k to return you fucking $10MM
checked. There is no such thing as a guarantee though. I am comfy with 200k RSR
Will last me long enough to travel a few years, before I start selling my LINK bags

>> No.19461802

>>19461722
Alright I'll answer for you since your ape like thot posting brain is incapable of refuting fud. RSV will be adopted by 3rd world countries first then gradually rolled out globally. It will have massive liquidity and the minting of RSR to counter depreciating collateral will not impact the market in any significant way. It will fail however in the event of a global market collapse where all collateral depreciates, forcing an absurd amount of RSR to be minted and hence destroying its value,

>> No.19461807

>>19461784
>Will last me long enough to travel a few years
fuck off retard u dont deserve to make it now.

>> No.19461835

>>19461807
Not everybody is an incel, anon
I own land and a house already

>> No.19461837
File: 81 KB, 334x506, 1562836838804.jpg [View same] [iqdb] [saucenao] [google] [report]
19461837

>>19461802
you are clinically fucking financially illiterate.
never fucking buy any stonk or crypto ever again.

>> No.19461857
File: 83 KB, 1158x676, 1561216794760.jpg [View same] [iqdb] [saucenao] [google] [report]
19461857

>>19461835
nice larp.
having 3500 LINK and 200k RSR means u are financially incontinent and shit on yourself in abasement while u collect a mental disability NEET check.

u cant fool me faggot. i fight with scammers on a daily basis.
>fortune favors the bold.

>> No.19461897
File: 84 KB, 904x864, flat,1000x1000,075,f.jpg [View same] [iqdb] [saucenao] [google] [report]
19461897

>>19461837
> 44 posts by this ID
Why the fuck did I waste my time talking to a neckbeard

>> No.19461898

>>19461837
Ok so, basically, if I'm getting this right, RSR has some utility, is a scam, but I should put money in it anyways?

Personally I'm all in.

>> No.19461938
File: 661 KB, 1920x1080, file.png [View same] [iqdb] [saucenao] [google] [report]
19461938

>>19461897
if u only knew anon, if u only knew.

>> No.19461944

>>19461857
damn you got me

>> No.19462450

worst tokenomics ever
dump it
overpriced garbage
RSR

>> No.19462524
File: 10 KB, 225x225, smug.jpg [View same] [iqdb] [saucenao] [google] [report]
19462524

Big thanks to the guy in the other thread who told me to swing UBT into RSR, i will tip you a bentley in 2025

>> No.19463081
File: 176 KB, 220x238, 1591020210412 (1).gif [View same] [iqdb] [saucenao] [google] [report]
19463081

>>19462524
>>19462450
>>19461944

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