>RSV launches in the next thirty days
>price holding
>ETH/RSR ratio improving
>BTC/RSR ratio improving
>accounts increasing
>libra DOA
>binance weakening
>tether lawsuits moving forward
>makerDAO bleeding for the last 6 months
>massive market demand for stablecoin
>global currency wars raging
>team doing AMAs weekly
>only smart burgers can invest
>no mention of it on plebbit
What else do you want out of a moonshot?! Jesus fuck even if you hate RSR it's still a good short term play
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FUDDers gonna get triggered, but at the very least you won't lose money with RSR at the current price (check the 3 month chart against any coin). The most bullish thing is they're launching where they're needed, not in california or london or some shit
I'm shocked how good we have held this week. Under .0025 rejected immediately.
Yeah I will never understand how much a failure stablecoins were until RSV. The market cap of tether is zilch compared to what it could be. Positioning yourself as "cryptos safe haven" was a retarded move. It also says quite a bit about their scalability issues.
the thing about Reserve is that its setting an industry standard for decentralized stablecoins ran by DAO's
thats the stated goal at least.
I think RSV will be in the top 10 ($1b MC) by EOY 2020 and RSR will be worth $0.03 ($200 MC). A nice 12x in 1.5 years. After that it's going huge.
I'm a tad bit worried about liquidity. But the team has said it's a top priority with the token launch, so I seriously doubt it's going to stay like this for long.
Coinbase investing in the actual company was a pretty huge buy signal to me
What the fug was that
1.3M enough to make it? Holding for 1-2 years minimum
You should do well
comfy holding it
dubs + green id, literally can't lose
Self Checking and unironically thinking this shitcoin is even a threat to Libra
try harder stinky
wtf is libra
Based lt colonel
Captain here
Will I make it?
anything above 50k is a make it bag but chances get better and timeframe gets shorter as you approach 500k
anything between 500k - 1mil rsr are guaranteed make it bags within 1 year of mainnet launch
1mil to 7mil you make it within the first 1-3 months no question
and anything above 10mil - 20mil you're basically the next global financial elite. possible billionaire status if you play your cards right and let your bags reach maturity. ($120-130+) in the next 5-10 years.
Bruh, there's too many fucking coins for it to ever sniff those prices.
Long term realistic price would be $0.05
>RSV Launches in the next thirty
Yeah it MIGHT do a TEST LAUNCH in a 3RD WORLD SHITHOLE by the next month if they aren’t delayed
You should cut down a bit on the hopium fren, I like RSR but 100$+ is a delusional guess at this point in time. Very optimistic estimate for the next 2-3 years is 1$. 100$ perhaps if stars align and Reserve becomes one of the main stable coins in ~10years
whats the difference between RSR and RSV? which one is the one to invest in?
RSV is the stable coin, RSR is one of the assets backing RSV and fluctuates. Do some research user this is easily findable
Most coins will be dead or proven scams in the next 2 years. I do expect $1 by EOY 2020 RSV is being arbitraged by RSR and RSR is being burned at 2-5% for every $1 worth of RSV that gets arbitraged. (you'll be looking at 6-10 RSR burned for every $1 between .005 and .01) That's going to be a lot of burned RSR, especially sine mainnet arb will begin after app is already actively servicing multiple countries from Venezuela, to Angola to Argentina.
There's no "MIGHT", RSV app will 100% be coming out before the end of Sep. Demand is higher than ever for a stable currency in these areas and volatility is a very big problem with BTC and other crypto, two key areas of demand that Reserve will be filling.
Hopium would be $10 EOY or something like that. Anyway, I said 5-10 years, not 2-3. Don't be surprised if RSR is going for $120-130 by then, that's not that far-fetched at all.
Feel free to cap this, I'll be around and I'll happily respond if I'm wrong.
I'm curious to know if you have any other major holdings user?
Best thread on biz right now. Super high IQ investment.
Hey user I’m having a tough time understanding the mechanics behind the arbitraging and token burns. Would you be able to give a quick rundown for a brainlet?
I’ve been reading through the white paper the past few nights but I’d appreciate a spoon feed
Tokens will be burned at a 2-5% rate per amount of RSV arbitraged. So if you arb $1 RSV while RSR is at .005 the you burn 7-8 RSR in that transaction until RSR price moves up and less tokens are burned per arbitrage. This is why $1 is almost guaranteed eoy 2020 (imo).
I believe Huobi has arbitrage contracts you can use for RSR/RSV in the future. There are also a few anons working on some ideas for an RSV arbitrage pool. I’m using all my RSR for arbitrage, and don’t plan on selling on exchanges. I think as mainnet gets closer more anons will begin to hold (if they’re smart).