MAKE IT STOP

I told you niggers yesterday this would dump, a 400m market cap ICO for a fucking governance token where 94% of coins are held by (((insiders))). But everyone just replied to me with brainlets

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its not 400m you absolute fucking retard

93% of the funds are locked till the 2020 mainnet release, which is 6 months the earliest, we will have a normie storm and alt season till that

are you really that stupid or are you trying to accumulate cheaper

93% of the tokens will be dumped on the market in 6 months (or whenever the devs want). this shit is DOA.

people like this guy
love when you let your emotions guide your trade decisions
keep the time honored Jow Forums tradition alive
>buy high
>sell low
>94% of coins are held by (((insiders)))

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why would investors sell at lower than what they bought in at though

I bought in at 60 sats and the pain is real. If you’re in a similar position don’t sell now it’s too late just grit your teeth and pucker up that asshole. You will get a return but you are going to have to be strong these next few days. Good luck anons

sell now and double your stack bro
look what happened to TOP and NEW

WRONG. the supply is 6%. it's a joke and greedy af. almost scammy.

as soon as the other tokens are released the mcap will skyrocket. i can't believe this board is named "biz & FINANCE" when nobody understands the most basic valuation principles or what a mcap is.

It's like inflation. You pay the high price now and your share gets diluted af when they release the remaining 94% of the tokens. imagine you pay $250 per ETH and in one year Vitalik is releasing 10 billion ETH tokens that have been locked.

that fella who told everyone we going to 0.0008 is probably right, 0,0020 is safe by now imo

8/10 i really liked this one, keep it up. next time use some more caps and maybe double the reddit spacing so you'll appear even more like a retarded sperg

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>that fella who told everyone we going to 0.0008 is probably right
oh i see what you did there. "that fella" coincidently also sounds like he's having a panic attack every time he's posting something. must be a big coincidence, considering how many different people are posting on this board, especially about RSR, am i right?

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Someone has no idea how the token works... seriously what is with the supply fud does anyone actually buy that? Lol

Except they literally can't because it is locked up until 2020. Even then, it will be released at set intervals.

why did you sperg out and post a second time 3 minutes later. did the truth sting so much???

>someone has no idea how marketcaps work. if they release the new tokens the project SUDDENLY gains a ton in mcap. it doesn't matter how long the tokens are locked up. you have to price it in from the start otherwise you get burned. otherwise please tell me why no one is buying RSR at this "fire-sale prices"?? seems like you guys are the only ones thinking the price is fair/cheap lmao. the market is telling you otherwise. good luck with that trading comp tomorrow lmao.

For real though this is gonna hit new lows again tonight. I don't even think it has life. It's just gonna bleed slow.

God I wish I was new to crypto again, such an exciting time lol

could you guys explain in detail how the person you're responding to is wrong

Do I really need to go in detail about how a stable coin and it’s backing crypto interact a la mkr dai? Why can’t he just do research, it’s not my job to spell it out... sigh

They're not wrong. I admittedly got burned. I'm going to try and margin trade my way out and hope that Huobi's gay little event brings in some bizness.

according to the generally accepted "law of one price" the market price of an asset stabilizes around it's fair value. the market is efficient, there are theoretically zero arbitrage opportunities. this implies: the current market price of an asset is it's fair price according to the information of the market participants. this is asset pricing 101. so i ask you again: why is the price crashing every day and the order book empty? what do you know what the market doesn't? i am curious...

i think it will dump but who gives a fuck actually. it's dead on arrival. people think they got scammed.

they can't because i am right.

Even if this coin does fail, I have made hundreds of thousands of dollars off of so many tokens that have had the same stuff said about it, I can handle the risk. It seems like you can’t though and I would suggest not going in honestly.

not sure you are responding to me? but yeah, i am highly invested in other projects and just a spectator right now. not planning to buy in right now. i think there is some weird shit going on with the order books, the buy wall is definitely manipulated with bots

please don't say that...
i bought this shitcoin at 70 sats hoping to make a quick buck...

tokens are going to get burned
you can also use it for arbitrage if rsv goes over 1 usd
stop freaking out

it is dumping right now, there is no support. the next support level is around $0.0020, if that breaks RSR might go down to $0.0008. bloody.

Ugh that sucks you bought at 70. I bought at 43 and sold most at 72, rebought a bunch at 36 and will buy more around 27.... I’ve been in this long enough to know wsup but I also am not going to lose my shirt over this. People who are freaking out need to chill in BTC and just enjoy their lives without stressing so much... this is for people who can gamble. I had Tron at .0003 (hated justin sun but kept it anyway), had ripple at less than a cent too (hated it but kept it anyway).... I also have coins I believe in tech wise.... it’s all part of the game and I’ve done well so I’m trusting my instincts on this one. Luckily I have the luxury of already profiting a lot on it, but if I bought at 70 I wouldn’t be stressing. For Christ’s sake I remember when Link lost TEN TIMES it’s value, you need to learn how this shit works and stop melting so hard

it's been crabbing for just over a day now.
please stop saying there are arbitrary support and retracement levels.
Why would you go on the internet, and just make up lies?

wait, isnt this a stablecoin?

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Lol

the last bit of support just broke. those support levels are not arbitrary they are based on the buy volume around those levels....... also it's not crabbing it is going down this exact moment. stop making things up, anons are loosing money due to this type of shit.

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your predicted .0002 support level is still a long way off and your arbitrary .0008 has even less rational behind it.
That pattern is crabbing, and being scared just because it has a red candle right now is quite literally retard level investing strategy.
the order book is regularly being hit with sub 10RSR market orders. If that doesn't mean anything to you, you'll never make it.

>07
good. I'm buying more. this is a long term play.

this coin will perform well in a bear market, not a bull market. no one is using stable coins right now they are all in bitcoin for bull mode.

do you know how this works? you can easily predict the support levels based on volume because resistance becomes support...you need volume to break through key resistance levels and vice versa. bot orders go both ways, only newfags fall for that shit.

this coin will bleed until the market makers are happy. this is all i am going to say ;)

>can easily predict the support levels
>based on volume
>because resistance becomes support
>you need volume to break through key resistance levels
>and vice versa
I just isolated each thing you said that's complete and utter wordsalad bullshit

>this is all i am going to say ;)
when the fudders resort to snark, you know it's a clear buy signal

This stablecoin goes further than arbitrage in a bear market. They're going to aggressively market this in third world countries since it makes no sense for 3rd worlders to use btc since it's just as volatile as their fiat. Google play app coming in a few weeks. The app will allow them to seamlessly exchange their native fiat for the stablecoin. Just wait it out guys

utterly bogged

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you want to go ahead and explain how the volume and the resistance and the support vice versa doesn't mean that this isn't bot manipulation?
what rational trader would be making orders like this?

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bingo
you need tradingview or coinigy totrade on volume... every order book has such bot orders all of crypto is maipulated. every day a new ATL and BTC has not even pumped yet. wheew, user you love risky gambles it seems

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Not even just that, its on an exchange known to scam non chinamen with insane KYC requirements. No one here was going to buy it, the only ones who did were Asians trying to trick you.

33 satoshis. The fudders were right for a change.

I apologize for shilling this. Sincerely.

THE PHOENIX RISES FROM THE ASHES

checked next stop the moon

kek how do I get my money out? .1 btc at a time?