Is RSR "It"?

are u planning to sell at first pump ?

What is RSR and can someone give me a quick rundown on this new shitcoin

fuck u faggot. if u have to ask you are not allowed to know.

They appointed a former SEC commissioner to their advisory board.

This project is supported by the fucking moguls of Silicon Valley, Thiel, Altman, etc.

Coinbase Ventures are equity investors so it's clear that RSV will be the first next-generation stable coin listed on Coinbase.

>Big named boys enter shitcoin X

Isn't this a double edged sword, all it means is theres a potential PnD and people are valuing it based on authority rather than the intrinsic value and technology of said coin?

>What is RSR
coinbase says reserve is the world's reserve digital currency. enough said

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Okay but coinbase is just a small subset of the worlds currency, whats so special about it anyway

Back away from the keyboard. Don't come back until you can put a sentence together.

>Libra () is the seventh astrological sign in the Zodiac. It spans 180°–210° celestial longitude.[2] Under the tropical zodiac, the Sun transits this area on average between (northern autumnal equinox) September 23 and October 23

>September 23

See you in september.

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A-user, are we actually gonna make it? This can't be real.

>Okay but coinbase is just a small subset of the worlds currency, whats so special about it anyway
Behold the insignificant acorn---but for the fact that it can father thousands.

This shit musn't pump before Chainlink. I plan on dumping some Chainlink bags to get dat dere 1 million rsr

RSR IS IT

WE GONNA BE RICH NIGGA, I HAVE 7 FIGURES OF FUCKING RSR OMFGLOL

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get 8 figs of rsr to be safe

>tfw 300k rsr
3 mil ain’t bad but I wish I wasn’t a poorfag.

try this if you haven't already. connect empty ETH wallet using metamask when prompted, download game and just grind out tickets. sell them for ETH and use ETH for more rsr. could also hold them for a chance at the raffle.

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I'll bite. Why would you expect it to pump if one of its goals is being stable in value?

Rsr is a utility token which is used to stabilize RSV, the stablecoin. Rsr value is expected to rise with growth of RSV usage.

No. Cruzbit + Nyzo are "it", if you're not stupid. This will 3-4x , bleed, repeat.

You should DYOR user. I myself am still in the process of it. There's a lot of material and I'm halfway through the whitepaper (have been for a while due to procrastination). All I can say is that these guys have really thought far ahead, and the little known fact that they were all under the tutelage of Thiel (through Paradigm) significantly boosts their credentials.

Its 2 tokens. 1 is a stable coin backed by assets.

The other one can be minted anytime to help the other token. The max.supply is 100000000000. I dont even know the name of the number.

I dont see how the price can go up if the team can mint and sell as many as they need to in order to stableize the reserve token.

Reminder to read the whitepaper, it mooning is full possible but it's a get-in-early kind of thing because it won't moon as hard as you think.

Same, currently only 150k rsr, and 18k link

I'm not so sure. BoE is a paid customer of 'ripple' and has been playing with XRP.

When will this reach a dollar?

Not for a long time. This is a slow burn. You have plenty of time m8. No need to fomo into it.

2021 if shit goes to plan.

Isn't this like that Jibrel coin? Two tokens one used as backing for the other?

This shit is seriously profitable.

If I dumb a 20k link bag and this shit just hits 0.05, it’s almost 400k. Just from hitting 5 cents. Worth the risk boys?

t. Linkmarine

Not at all IMO. LINK stands a chance of mooning harder before RSR does.

What if you cash out at the next top and throwing half in RSR?

At 10k suicide stack, selling 20% of your stack at $10 for 20k will net you around 8.8 million RSR, that could potentially net you a shitload even at 0.03.

I’m of the same mind user. I only got 10k link, not enough to realistically make it. But if I can compound my gains in this I could conceivably, unironically make it. Just stressed on when to switch from one hold to the other desu.

I had 10.800 links but sold the 800 for RSR and I supplemented another 300 fiat to buy 880k RSR. I’m seriously considering of dumping 20% of my stack at the top for another 9 mil RSR. At 0.05 it’s half a million.

Thanks for the perspective fren. I already have about 1.5M rsr. Watching closely how the RSV app launch goes and waiting to see what Sept holds for LINK. Then I decide whether to sell more Link or not.

How fucked am I if I only have 1.5m rsr?

Selling the top and buying a bottom on RSR is def a good idea. The only problem is being unable to accurately tell the top due to unexpected news like the Coinbase or Google pumps. So it's prob better that you don't sell it all if you're going to do it.

no...
expect something from the IMF.

Didn't fully read your message so I'll add that: you might want to make sure that you won't regret it if LINK suddenly starts flying. Like what if LINK goes on an ETH run because of staking.
Also, I assume you're on the RSR discord?

Link to the discord?

Fuck, meant to tag you, not the person replying to you.

'ripple' is a fucking dumpster fire

Sure discord dot GG / ssKKkD

i don't think LINK moons anytime soon or at least until sirgay finishes his dump

It's surprisingly holding up in spite of like 11 mil LINK having been transferred. My guess is that the sales are being done OTC, which would explain why it hasn't dumped to hell.

Says it's expired lad

10k RSR soldier reporting for duty
Am I gonna make it lads ?

That's weird because I just created it.
Try this? gg/jyXx96Q

That one worked. Thanks dude.

Frankly user, get more. Fortune favors the bold.

yes the price is holding up and no one actually knows what's going on. ill admit im a nolinker who's cautiously waiting for an entry point..since last year lol i'd been waiting since last summer for inheritance and was planning to buy LINK with it. i remember thinking "$0.33 is way too much to pay for LINK, better wait a few months for grandma to die" only problem was gamgam didnt die until July '19.. so now that i finally got money the dumpening or whatever begins and i'm not trying to buy sirgay's bags

i've been buying RSR instead, chart looks way better and i immediately understood the white paper and their goals which i can't say for LINK that shit was confusing as fuck the first time through

those comments have absolutely nothing to do with RSR you mongloidian dumbfuck

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you're kind of a dickhead but you types tend to be the ones who get rich so this is bullish
yeah, I would assume everyone knows this.

Same. It’s terribly low at 9 million market cap and there’s plenty of profit to be made fren.

Free set is untradable

we're going to save all these jungle monkeys from hyperinflation! and its going to make us rich!

haha yeah i've been called a rich douchebag. dont feel bad for gamgam she was 99 y/o and wanted to die real bad

>we're going to save all these jungle monkeys from hyperinflation! and its going to make us rich!
this

I'm on the same boat. Dad died when I was 5 and in my country I'm not allowed to claim my inheritance till 21. I'm going tmw morning to claim my inheritance. Dumping in LINK and RSR only. Good luck fren.

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well done patience shall make you rich. enjoy creating your dynasty

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Thanks for cheering me up fren. Can't wait till I'm a retire multimillionaire in my 20s

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Fellow poorchad here with 17k. Aiming to get 150k before this takes off.

We need to keep accumulating frens. Our time is coming.

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I'm fairly new to crypto in general, but I've been hearing about RSR quite a bit from this board. How would you go about purchasing it if you guys don't mind helping me out?

Google huobi global and buy from there. KYC for extra security. Unless you're a paranoid shizo, it's just the easiest and safest way to do it. Then send your tokens to trust wallet (mobile app where you control your private keys)

Reserve your right to financial freedom.

I appreciate the help. I'll check it out.

checked

How to buy RSR if burger:
>buy ETH on crypto.com (register with ref code pwb8n4rhly for $50 in free crypto) app or coinbase pro
>send ETH to your ERC20 metamask.io wallet
>go to idex.market click balances
>deposit ETH using 4+ more gwei than the current gas limit
>go to RSR/ETH pair
>switch from limit to market buy, click amount so it auto fills you buy order, click buy
>repeat that process until all of your ETH has been used to buy RSR at market buy orders
>go to balances, withdraw to your ERC20 metamask wallet
>hold for 4 years
>reverse process to sell on a centralized exchange with much higher volume
>sell your RSR into RSV
>send RSV to your metamask ERC20 wallet
>login to the Huobi DeFi with your metamask wallet
>supply the Huobi smart contract with RSV
>earn a passive 13% interest on your RSV
>profit massively
>withdraw monthly amounts of RSV until you die and of course reinvest it for the memes
>buy Black Ivory Coffee and drink it on Sunday mornings recollecting the success that Jow Forums has brought you

thats as detailed as im willing to get right now.
but follow that and you should never have to work again assuming you get 1MM RSR right now

Wow, thank you user.

additionally, and this is just some common sense advice, ideally what you will want to do with your RSR is do a kyber.network SWAP with it into stable coins like RSV or whatever, you do a swap instead of actually market selling it to avoid a crypto to crypto tax on it since a swap isnt a sell, etc. this saves you lots of money especially if you are doing high volume. the swap happens instantly almost and will cost you on avg $0.55 to do depending on gas prices at the time. you would then take your stables and put them into DeFi earning a 10%~ interest rate. then live off the compound interest, etc.

"Compound interest is the 8th wonder of the world... those who understand it earn it, those who don't pay it." t. Albert Einstein

good luck user, if u missed LINK, then this is your chance to finally live off the 8th wonder of the world.

Helping nigger-economies is excellent PR. Normies lap that shit up. Also, the people in nigger-economies are more inclined to adopt a stable digital currency than are people with relatively stable money already. If Reserve can get just one of these 3rd world hell-holes to use RSV, it’s /made it/ tier for RSR holders. But RSR won’t even need 3rd worlders to use it. DeFi usage alone would pump RSR, and that level of adoption is already safe to assume.
Tl;dr we gun make it

No shit user? No tax on kyber swaps?
T. Burger

Umm sweaty it's 3 tokens. Rsr, rsv and rsd.

as the law is it applies to buying or selling of crypto assets. it doesnt cover swaps. so yea, do with this info what u will

I think LINK has more mooning potential in the short term compared to RSR as it's still in discovery, but who knows.
Here's probably the most concise guide on Chainlink: blog.goodaudience.com/chainlink-the-missing-piece-to-the-god-protocol-fd455dde92ab
I first went into LINK pre Sibos 17 but only started really digging into it some 1.5 years ago, and now I can say that I've understood almost every facet to it.
With RSR though, there's a lot more for me to look into before I become that bullish on it. I do understand most of the underlying concepts, but will have to read the whitepaper and all the related articles to get more of a solid grasp on it. I have been relatively ignorant of the stablecoin space until recently, so it should take a while for me to understand how this protocol stands above it.

If I'm not mistaken they've scrapped RSD in favour of just releasing RSV early, which will be pegged at this point to the $ (making the D redundant). Also more accurately the third token will be the collateral class of tokens for when they have a basket of assets (after transitioning into a decentralised protocol).

>I think LINK has more mooning potential in the short term

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RSR has never been mentioned on Reddit you faggot

both LINK and RSR are long term value positions.
you'll see gradual short term gains but massive long term gains.
your sell targets should start getting hit around 2022 at the soonest with both of these positions.
by 2026 anyone holding 1M RSR or 10k LINK will be into the 10s of millions in USD value

>t. 2.5M RSR and 20k LINK
>t. gonna kms if I have to wagecuck until 2022

im very conservative in my price predictions. i try to stay away from the hopium and all that but there is a lot of logic that goes into a $1 RSR around 2022. by 2030 and with increased RSR adoption a $50-100 target is possible. make no mistake tho, these are long term value positions.

RSR will cap out short term at $0.015 (6x).

It need massive adoption to get to a $1b market cap ($0.15). That would probably take RSV overtaking Tether to happen. I think it's highly likely right now though.

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Compound interest was useful in the 20th century where interest rates were high. Now interest rates are low, it's better to invest in improving your own skills instead.

Opting for "stable" currencies was the cause of the problems, not the solution.

if you dont know where compound interest is still very much alive and well then im not even going to tell you. enjoy your legacy markets, norman.

This. RSR is a good 5x. But it is delusional to think it will gain mass adoption when there are plenty of now historic coins in the top 30 that can fill that niche even better. VIDT is a much stronger candidate for 100X.

Looking into it, sounds promising if they can execute.

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yeah, sorry i was just talking about the raffle tokens and the actual prizes for the final raffle in oct. can't trade any cards right now anyway since it's still in beta and those features aren't implemented yet.

as for me, i connected a 0 eth wallet and after a few days i had like $30 of eth. used that plus $10 from coinbase ref to get 14k rsr. it's not a lot, but it's extra that will add up. if 1 rsr ends up being $1 or more then i just made ~ $14,000 from a few hours of playing a video game. if raffle prices dont go up by end of september ill probably try my luck with the actual raffle. however, if price goes back to ~.00007 and rsr hasn't mooned yet ill flip it because app for rsv is coming and this might be my last chance to accumulate. right now 1 raffle is .000015-22 eth, not worth it yet. i think some people were flooding the market because they found a way to exploit by playing against themselves but the bug was patched and price started moving back up yesterday.

from now on only legitimate wins should generate more raffle tickets, and if that's the case it's possible that scarcity will drive up price. there's also a special card that requires you own up to 120k tokens in your account in order for it to be activated (think of it like a season pass item) so there will only be as many as there are users that reach that number of tokens and there are only so many tokens so that's going to be another rare card people will want to get in order to trade it in the future. if all of these things create the right amount of fomo and you don't care about these types of games then you can probably make a good amount of ETH from selling these tokens towards the end of the event in oct. i would think... worth a shot anyway if you're a poorfag or you enjoy these types of games a lot and are into crypto.

anyway, we all know rsr is the sure thing here. i just hope i have enough before app release.

can you explain how these tokens are making headway in places like venezuela? are any of them getting people on the ground to go door to door and talk to business owners in hyper inflation areas?

the reserve team seems to be the only group actually going to these places and targeting these hyper inflation areas. they also have a deal with 7mobile which will give them an untapped userbase in angola that can't use traditional smart phones and instead rely on phones with preinstalled apps.

not saying those projects are worse or anything, i just dont see how they're doing the necessary work to reach the target audience like reserve.

forgot pic

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