RSR/RSV is a system that uses multiple tokens to keep one token stable. RSR is used for arbitrage in this system and price projections range from $1-$10.
RSV will be the next generation stable coin backed by multiple currencies and supported by Coinbase.
Early investors include Coinbase Ventures, Peter Thiel, Sam Altman, Digital Currency Group, Crypto Lotus, Refactor Capital, Jack Selby(Paypal founder), Distributed Global and many more.
As for Coinbase? Everyone knows they list what Digital Currency Group tells them to.^^
They have former SEC commissioner on their board.
Unironically supported by the fucking moguls of Silicon Valley.
Mark Carney, the current governor of the Bank of England specifally identified the dollar's status as the world's reserve as something that needs to be replaced by a form of digital currency similar to Facebook Libra, believing that would be a better option than letting another fiat currency like the renminbi replace the dollar.
Their mobile app is releasing next month and will be testing in hyperinflationary environment.
Coinbase Ventures are EQUITY investors/owners, making it clear that RSV/RSR is going to be the first next-generation stable coin system listed on Coinbase.
because the protocol is set to become a fully automated system that uses real world data to make decisions about how much to mint and how much to store in the vault by the vault manager. having an excess amount of supply that wont be dumped is crucial for this. the fact that brainlets are hung up on this makes it that much more bullish. 55% of the supply is locked in a slow wallet/smart contract that can't be "dumped" like some fud niggers claim. once rsv hits all major exchanges the team can also arbitrage their RSR which will further burn the supply and increase the value rather than reduce it like with traditional dumping methods where the price dips because of an excess of supply. some rsr will be sold into the circulating supply undoubtedly while some will be kept to arbitrage. the team knows that the less supply is able to be dumped by whales the better it will be for everyone involved with the project so keeping a high amount of the supply will only benefit RSR holders and arbitragers.
Nathaniel Sanchez
these pajeets are worse than arkies
Jackson Gray
you said that about skycoin
Carter Fisher
what the fuck is a skycoin, get the fuck outta here with your nigger tier projects that had no backing from anyone of note.
Joshua Hall
Let’s quit helping them. Most anons that can think for themselves are aware of Reserve. Our job is done. Now we mostly see butthurt seething linkers trying to feel better while getting skeeted on daily.
Charles Thomas
but i like rsr threads... its the only reason iìm on biz
Alexander Wright
you're right. this is the last week of accumulation anyway. most of these niggers will be priced out in a few months. but at least i can say i tried my best not to be a fud nigger and give them all an opportunity of a lifetime.
Joshua Brown
>this is the last week of accumulation anyway I can’t wait to watch RSR dump next week. Nobody has spammed this board harder than paid reserve shills and their naiive marks.
Brayden Thompson
No one has been paid to shill this you retard. This is what actual interest looks like. Let’s price these niggers out now. Get fucked and keep buying zero volume scams like sent
Daniel Carter
notice how the fud changes from the team has no marketing to they're paying a bunch of shills. such low effort frens
Nathan Cruz
Fodders belong in the ninth circle of hell, frozen in the ice for their treachery and uselessness
Luke Rivera
FUDDERS
John Hernandez
Looks like your English still needs a bit of work Rajesh.
Nathaniel Rivera
>bizchad makes a typo >Ranjeet is triggered and seizes the opportunity to belittle him, assuming one of his countrymen can't spell. Just go back to r/cc, sir.
Look who it is again, ID Heaven. I'm fed up with your shit faggot. The other day when you called me a newfag, yeah, haven't forgotten about that yet. Fuck you I've been on here for months and probably get on here more than you anyways. Don't you know that you make yourself look like a newfag when you call others newfag? Just because you learned how to hack your name and change it to "Heaven" does not give you the right to disrespect anyone at any time
Grayson Kelly
raped a mother today she was 53 years aold and baby sit 4 babys aged 4-6
the babies stayed in the base ment while i tooknthé bitch up the harse
she was hot like lene nystrom but i also made sure the kids were looked after with cat food etc
no humans were harmed but i fucked lene nystem about 100x times with my big white dick and she loved it so much
anyway im investing in RSR, dumped 1k USD in it
Mason White
Worth it to drop $500 and wait for the first pump to cash out?
Jace Cox
The amount of RSR threads is way too high to be legit. Someone is clearly paying someone to do all this daily shilling here. RSR is OK imo but this shilling makes it way too risky. I hope people won't fall for this.
Jackson Hall
you sound like a faggot.
Benjamin Phillips
If it does all the shit the shills claim, then it shouldn't need shilling at all. Which is why it's suspicious they feel the need to shill it.
Brayden Long
it's safe to shill right now because it's not very likely to go parabolic yet unless something happens with other alts (alt season). i shill this because i want people to get in on it, i haven't sold any nor do i plan on ever selling since there's no need once arbitrage becomes available after mainnet. feel free to not buy any and stay poor though
it's also very possible for it to do a quick 2x or 3x after app releases this following week. but the real gains will be made after mainnet through arb. im done spoonfeeding you ungrateful faggots though. ill cap this and repost it when rsr does 1000x and you niggers get left behind. later nerds
Don't listen to that retard. When RSV price goes above $1 - say $1.1, you'll be able to exchange $1 worth of RSR with RSV, which you could sell for $1, giving you a $0.1 profit.
Daniel Cruz
NVM got it and here it is if someone else wants to make memes
Spotted the boomer. There's no commission or spread or fee in a smart contract. It's all very fundamentally simple, and if you read the whitepaper and blog posts you would probably agree.
Gabriel Hall
so basically, this project differs from Tether and other stablecoins in that it won't try to mantain a 1:1 relation with the USD? also, if the value of the RSV is kept intact by fluctuations in the complementary tokens, doesn't that mean that the RSR will function like fiat in the sense that more tokens will eventually be created to keep the first one afloat?
Daniel Davis
thats RUSD/RSV
Angel Scott
There’s still transaction fees and a spread u utter brainlet
Jack King
The early investors will literally just be dumping on you. 4.3% of the total of tokens are circulating. Giant red flag.
Adam Lee
so i'll only have $24 mill, hardly seems worth it!!?
Implying anything you say needs a rebuttal, you’re a literal brainlet retard subhuman nigger. Reserve is beyond the scope of you allocated mental bandwidth. You’ll never make it.
Aiden Thompson
Nah, only a handful of discord does this. Not really coordinated yet, too early for that.