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/biz/ - Business & Finance


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21857164 No.21857164 [Reply] [Original]

circulating supply is increasing to ~10b on september 15th, and then to ~50b circulating supply on mainnet launch

how is this shit going to do anything outside of a 2x miracle in the next year? especially before mainnet with 0 use case

>> No.21857285

token burning kind sir

>> No.21857294

>>21857164
For once, OP is not a faggot. Excellent question.

>> No.21857300

Dead pump and dump, sell now

>> No.21857352

MOOOM I MADE THE THREAD AGANI

>> No.21857420

>>21857164
DYOR you fucking retard

>> No.21857432

>>21857285
token burn doesn't begin until mainnet launch (2021 earliest) and even then, burn is modelled at like 5-15m tokens per year based on volume

>> No.21857434
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21857434

>>21857164
>he posted it again

>> No.21857463
File: 714 KB, 888x894, ADB74923-73C7-42C1-BCD2-64269E739F56.png [View same] [iqdb] [saucenao] [google]
21857463

Here’s a hint: Blow it out your ass

>> No.21857484

>>21857420
>When they have no other shill response
KEK

>> No.21857515

>>21857164
just from pure hype

>> No.21857585

>>21857164
Member XRP? That's how.
We live in a clown world. Valuations make no sense.

>> No.21857624

>>21857585
XRP had its own ledger tech + revolutionary TPS at the time

RSR token literally does fuck all for the next year+

>> No.21857638

>>21857164
>how is this shitcoin supposed to go any further?
speculation of token burn

>> No.21857680

>>21857638
token burn doesn't begin until mainnet launch (2021 earliest) and the models have it rated at like 5-15m tokens burned per year based on volume

>> No.21857690

You know why most people lose money it's because they buy shit coins like RSR with little to no understanding of how it works.

Every time there's a hard question asked they always scream fud, truth is if you can't even answer simple questions. It's most likely a shit coin e.i RSR.

>> No.21857722

>>21857680
>doesn't begin until
This is a speculative market

>> No.21857724

You need quite a large supply when you're going to become the currency of the new world order

>> No.21857832

>>21857722
show me the purely speculative coins with 10b+ market cap because that is what this shit will have to be

>> No.21857841

>>21857690
Just buy and pray it moons. If not just sell high and call it a day

>> No.21857933

>>21857832
xrp

>> No.21858023
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21858023

>>21857164
Supply is increasing because a bunch of big exchange listings are upcoming, and more supply is needed to provide liquidity on exchanges. Imagine thinking that large exchange listings are somehow a bad thing.

ALSO. The news about the liquidity increase broke 10 days ago, it has already been priced into the market. Priced in as a 2x gain btw, so I guess the thousands of RSR traders out there seem to disagree with your grug-brained analysis.

>> No.21858094

>>21857164
How many times are you going to make this gay fucking thread?

>> No.21858160

>>21858094
this is probably the same dumb fucker that was spamming those nigger-tier comments about "my uncle has secret information about RSR crashing pls sell now sirs for your own good"

when I see desperate FUD like this, my dick gets hard

>> No.21858219
File: 75 KB, 744x635, Screenshot 2020-08-19 16.34.21.png [View same] [iqdb] [saucenao] [google]
21858219

>>21858160

>> No.21858225

>>21858094
probably the guy that tried to swing 1M RSR kek

>> No.21858266

>>21857832
BTC

>> No.21858280

>>21858023
nobody gives a fuck about whether or not that unlocked supply is used for

people are still going to see ~$250m market cap for a coin that does nothing for 1+ yr until it is diluted as fuck with another 40b of circulating supply

you really expect this shitcoin to see $10b+ marketcap as mainnet launches?

>> No.21858282

We on Binance now, suck it rsrlets.

>> No.21858311

>>21858023
>Supply is increasing because a bunch of big exchange listings are upcoming

https://www.binance.com/en/support/articles/9abb254e9fb2407fa05ec250e18e7cbe

>> No.21858514

>>21858280
Yes, $10B is tiny for a world currency

>> No.21858537

>>21857832

Bitcoin...

>> No.21858555
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21858555

>>21858280
>for a coin that does nothing for 1+ yr

this is pure speculation on your part, you do not have a crystal ball telling you how the product roadmap will play out and on what timescale. also I think that most RSR holders consider this a long-term buy considering the team, the backers, the runway involved, and the global ambitions of the project

if your goal is to make 10x in a week gambling on shitcoins, then you are welcome to spin the wheel on YAM2, Orbicular or any other of the hundred scams out there. RSR is not the token you're looking for.

>> No.21858605
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21858605

>>21858555
checked and absolutely based

>> No.21858649

>>21857832
xrp, btc. you're retarded.

>> No.21858683

>>21858219
can you invite me to this discord? Please, I have been here for 5 years I promise I'll contribute good content

>> No.21858684
File: 276 KB, 593x620, rsrnaut.png [View same] [iqdb] [saucenao] [google]
21858684

>>21858555
based
Your seat is reserved

>> No.21858694
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21858694

>>21858605
>they saw his trips, yet they did not believe him
>for their hearts were filled with malice

>> No.21858780

Binance pump was weak af. Literally no interest in the project outside of the retards on this board

>> No.21858791
File: 151 KB, 816x1008, 2020-08-25 16.15.33.jpg [View same] [iqdb] [saucenao] [google]
21858791

> MUH CIRCULATING SUPPLY
nobody's going to sell when they can arb and retain the same % ownership. and if nobody's selling, who cares what the pajeets who look at CMC supply think.

imagine fudding a protocol you don't even understand.

>> No.21858815

>>21858780
bad timing with BTC dumping. Could easily have been a 20-25% pump otherwise

>> No.21858850
File: 1.01 MB, 1888x1435, 1597535177177.png [View same] [iqdb] [saucenao] [google]
21858850

This is why.

>> No.21858947

>>21858555
I am so tired of these threads. I've seen this shit for over 3 years now and time and time again these discord retards keep popping up with the same MUH HIGH SUPPLY

>> No.21859144 [DELETED] 

>>21857164
>he thinks the value of a single unit of crypto matters. just buy more, obviously.

>> No.21859168 [DELETED] 

>>21858683
I'll delete this after a minute
2JBBNz

>> No.21859177

>>21858850
can I get a tldr, what price could we see?

>> No.21859299

>>21859177
like 5 cents

>> No.21859466

>>21858850
according to this chart we're going to see 0.035 in 5 years from now, nice

>> No.21859612

Where does it say 50b circulating supply on main net? That would be retarded and crush the price instantly.

>> No.21859737

>>21859612
right here pal
>>21858791

>> No.21859860

You had a year to accumulate. It's too late now

>> No.21859993

There is absolutely demand for better stablecoins. And bruh, when they go full Decentralized, and that stablecoin is backed by not just other crypto but OTHER tokenized assets, like bonds and gold, you'll be contemplating suicide for not buying this at .02. In 2024, this is a 20 dollar coin.

>but muh CBDC, but muh digital yuan

I dont want to hold your fed bucks or your fucking commie chink spy cash, RSV and by extension RSR fulfill a demand. People dont want to own government sponsored shitcoins. They want a decentralized stablecoin with real value backing it, without having to trust a government.

And hey, if you dont see the value in it? Jokes on you.

>> No.21859999

>>21859737
you need to work on your reading comprehension. The team control the slow wallet and will release funds when needed. Nowhere does it say they will dump all 50B immediately.

>> No.21860038

>>21859999
Checked

>> No.21860055

>>21859999
you brainlet, the locked supply + current circulating supply (including new slow wallet tx initiated aug 17th) = 50b circulating supply once mainnet launches

this doesn't even account for the other tokens they'll likely pull from the slow wallet for xyz reason

>> No.21860061

Trying to fud on the day it lists on binance. Pathetic. Stay poor if you don't understand why it won't pump. Truly 190 iq'ers know why it will pump.

>> No.21860087

>>21859993
Extremely based. Dangerously based in fact.

>> No.21860133

>>21860055
>= 50b
Work on you math too

>> No.21860160

>>21860055
>for xyz reason
classic fud speak

>> No.21860181

>>21859993
Based and Ron Paul pilled

>> No.21860315

>>21858850
Based on how many people using RSV?

>> No.21860498

>>21859177
>>21859466
>>21860315
You guys seriously can't read the chart???
Like, I know there's some dummies on here, but DAMN!

>> No.21860698
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21860698

>>21860498
Best part: the market's job is to price in the risk-adjusted future value of the token on an unlimited time horizon. So if RSR fulfills its admittedly huge ambitions, $56.68 is not necessarily a ceiling on the market price.

>> No.21860822

>>21860698
fudders don't want you to know this one trick

>> No.21860871
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21860871

>>21860698
cooooooooooooom

>> No.21861039

>>21857164
Go read the whitepaper. Not all that supply is going to be out on the market at any one time due to how the vault system works. Furthermore the recent withdrawel from the slow wallet is going to the new exchanges due to be listed to provide liquidity

>> No.21861048
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21861048

>>21858555
Checked. Most of /biz/ don't have balls to hodl any shit for 3~4 years they prefer to risk with scamcoins in uniswap.

>> No.21861565

>>21858850
>durrhhhhh muh 56.68

>> No.21861640

>>21858555
I'm nit a crypto genius but stablecoins are becoming all the rage in argentina, DAI, being the main one. We are already not allowed to buy more than 200 usd a month and there is talk about a total ban nearing the end of the year. I've been asked about stablecoins by 3 or 4 people in the last few weeks.
Can someone explain to me how RSV adoption would make RSR go up?

>> No.21861998
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21861998

>>21857164
imagine holding into those inflation events

>> No.21862264

Don't care, never buying

>> No.21862452

>>21861998
Oh wow look another idiot who does not know about how the vault works

>> No.21862639
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21862639

>> No.21862699

>>21862264
Stay poor

>> No.21862780

>>21857164
someone got into RSR late

>> No.21862922

>>21862780
I only have 200k RSR am I too late?

>> No.21862990

>>21862922
How does $400k sound?

>> No.21863007

>>21858780
It tripled the volume from ~15m to 45m+ and its been holding steady.

>> No.21863166

>>21859993
>$2 trillion market cap
Are you high?

>> No.21863292

>>21862264
>>21859993
RSR is far too ambitious for its own good and thats why it won't see mass adoption. Can you explain this to normies and shill them on it? Can you see your poor Argentinian grandma buying RSR to hedge against her inflationary currency? Get real. RSR is a giant ponzi

>> No.21863349

>>21863292
When grandma's 1 trillion rubles can't buy her a loaf of bread she'll be learning real quick

>> No.21863368

>>21863349
What would stop foreign governments from outright banning it?

>> No.21863372

>>21863292
If they do a good job with the app normies will figure it out fine

>> No.21863417

>>21863166
Show your math

>> No.21863613

this is a very good buy signal sir
i will be rich sir
appreciated sir, good day

>> No.21863719

>>21863368
One side of the fud:
>Ha, Reserve is complete shit, it's broken, it'll never work!

Other side of the fud:
>Reserve is such a threat to governments the world over that every single one of them will ban it outright!

Pick one.

>> No.21863890

>>21863719
I never said RSR was shit, I said it's far too ambitious for its own good and that govs could restrict its usage. But thanks for refuting my point, I just bought 100k very bullish sirs

>> No.21863993
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21863993

>>21863719
Dude. Disney was able to stop Tron just from using it's logo. Do you honestly think a tyrannical government won't stop people from using a currency they can't control or tax?

>> No.21864128

>>21859993
THIS, FUCKING THIS. anon, I couldn't say it better.

>> No.21864171

>>21863890
>>21863993
>Dude, this is such a fucking game changer, it's gonna cut into the most corrupt financial systems in the world, guaranteed they're gonna try and fucking ban it!

You could just as easily be talking about Bitcoin in 2010 as about Reserve in 2020. And you think this is fud.

>> No.21864368

"Oye Camila, ¿quieres algo del mercado?"
>"Sí, quiero un Choripán! Pero puedes ir a buscarlo para los dos, ¡no quiero dejar de ver Netflix!"
"Claro, ¿puedes enviarme algo de dinero? Mi tarjeta de crédito está casi vacía, ¡me lo he gastado todo en Chad!"
>"Sí, sólo voy a esta nueva aplicación "Reserva". Descárgala y envíame una solicitud!"
"¡Wow, yo también lo acabo de recibir! Voy a poner una solicitud. Hmm, eso es raro Cami, está diciendo que necesito "fichas de confirmación". ¿Qué coño es eso?"
>"Uh, esta aplicación es tan jodidamente rara. RARA Y ESPELUZNANTE. ¿Por qué necesito una ficha para enviar dinero? ¿Cómo las consigo?"
"Sólo bórrala Cami y usa Ualá. Esa aplicación fue hecha por vírgenes y horribles perdedores".

>> No.21864743

WTFWT

>> No.21864987

>>21864171
except the goal of Reserve is to replace or take a large share of the currency used in failing, usually autocratic (i.e. Venezuela) countries... answer the question what's stopping a country from restricting something that will choke their tax base?