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20879504 No.20879504 [Reply] [Original]

All aboard lads. Coinbase and Binance listing incoming.

>> No.20879526

why would anyone buy this premine shitcoin instead of buying AMPL Decentralized federal reserve

>> No.20879555

>>20879504
Can someone explain what Reserve is supposed to be used for?
Does anyone actually know?

>> No.20879576

>>20879526
This

>> No.20879587

Fuck off its on the list will like 9 other heavy hitters. Plus your shitcoin just got sued by new York attorney general

>> No.20879589

>>20879555
the token is not needed.
its just another one of Coinbases scams.
Nevin the CEO of reserve was arrested last week on pedophilia charges.
Hes going to prison.
the project is dead.

>> No.20879614

>>20879589
Don't you have to be a pedophile to be successful now?

>> No.20879616

>>20879587
Getting sued by the NYAG is incredibly bullish

>> No.20879654

>>20879526
>>20879589

I'm even more bullish after reading this FUD.
HAHAHAHAHAHHAHAHAHAHAHAHAHHAHAHAHAHAHHAHAHAHAHAHAHAHAHA

>> No.20879661

>>20879616
no its not because binance and coinbase won't list something with a pending lawsuit since scams are on the rise

>> No.20879715

>>20879526
why does it always take like 30 seconds for scampleshills to occupy RSR threads?

>> No.20879827

>>20879661
NYAG has an incredibly poor track record of actually winning a case though, so when they dismiss the case vs Reserve it makes them look much better.

>> No.20879888

>>20879661
What the fuck is this fud? Now you’re just pulling random shit out of your asses. You had a year.

>> No.20879923

>>20879888
Its, unironically, not fud. Go on YouTube and search nyag cryptocurrency and watch the latest interview.

>> No.20879951

WHAT THE FUCK DOES RESERVE DO

>> No.20879999

>>20879923
Are you talking about Tether? The rest of us are talking about RSR

>> No.20880015

>>20879923
HAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHA

>> No.20880034

>>20879951
It’s sort of like the Maker token

>> No.20880042

>>20879923
I am finding literally nothing of the sort.

>> No.20880054
File: 61 KB, 804x1024, 1559189139529.jpg [View same] [iqdb] [saucenao] [google]
20880054

>>20879504
They don't know anon. They just don't know. Even after missing out on bitcoin and chainlink, these geniuses still just don't get it. Sad. Many such cases.

>> No.20880166

>>20879951
Its a stablecoin system. RSV is the stable coin RSR is the value prop. The way it goes it whenever rsv goes above or below 1usd. Tokens are bought back up, burned, and create arbitrage opportunities

>> No.20880170

>>20880054
That's a man

>> No.20880200

>>20879589
i wish this were true.

>> No.20880262

>>20880166
So it's pretty much the same as AMPL but a better way of doing it?

>> No.20880306

>>20880166
That also kind of means that it's only good as an investment if you buy early, am I right?

>> No.20880316

>>20880262
It’s way better because it’s backed. Currently RSV is just several of the best stable coins, but it will be tokenized assets eventually. RSR holders will have a say in what assets.

>> No.20880333

>>20880262
it's nothing like AMPL. AMPL doesn't have a stable coin. There is nothing like RSR right now.

>> No.20880359

>>20880333
>>20880316
But AMPL introduces supply or burns based on price/demand, right?
Isnt the ultimate goal of AMPL is to be a stablecoin?

>> No.20880416

>>20880262
pretty much. AMPL is an algorithmic stablecoin. RSV is uses asset-backing and arbitrage system to maintain stability which will be able to scale for large usage IRL. already, they have people on the ground using it. Its just getting started.

>> No.20880548

>>20879504
serious question anon, what does this bring to the table that Maker/Dai or literally any other stablecoin system doesn't already do?

>> No.20880562

>>20880359
AMPL is not designed to be a stablecoin, it's designed to be a coin that can self-adjust its supply based on the demand for it. With sufficiently large supply this could mean stability, but the lack of a peg means it is susceptible to price swings, both positively and negatively.

>> No.20880581

>>20880548
long write-up on why Reserve will rape Maker/Dai:

https://medium.com/reserve-currency/our-analysis-of-the-makerdao-protocol-4a9872c1a824

Maker cant scale.

>> No.20880610

>>20880548
>Maker/Dai

Why the fuck are people even so attached to this.
As for "literally any other stablecoin system": everyone rightfully shits all over them for their insolvency, UNTIL a viable presents itself. Then they're suddenly like "B-but Tether is just fine, why do we need to replace it?"

>> No.20880623

>>20880548
it's collateralized assets like DMG, but more than shitty cars. many diverse asset pools

>> No.20880626

>>20880610
*viable alternative

>> No.20880861
File: 2.70 MB, 320x320, Reserved biz.gif [View same] [iqdb] [saucenao] [google]
20880861

>>20880548

>> No.20880989

>>20879526

AMPL isn't bank run protected.

That's an issue wether you want to admit it or not.

Held ampl since 10mil BTW...