100
GORRILLION
SUPPLY
To be fair, you have to have a very high IQ to understand RSR
Lincoln Powell
Andrew Nelson
I wish I could filter you retards
William Hughes
Dip so I can buy more
Xavier Powell
This is as low as it goes.
It will never be this low again.
Cameron Wright
arbitrage is based on adoption
even in the best case margins are low enough to where its not that compelling to hodl if you have thiel tier bags unless this thing completely dominates, lets say argentina, which is currently ruled by the same people who implemented currency controls on USD forex before macri
ignoring politics, adoption is based on developing countries choosing RSV over DAI, Celo USD, Libra USD, or something similar
right now RSV is explicitly marketed as "digital USD," but they will lose this battle to other currencies doing the same thing with more fiat runway and ability to integrate into services that dont need a discrete app
ex: Libra could just become South American WeChat overnight by becoming the payments standard for all things Facebook-verse
to differentiate, they would need to execute on this algorithmic self-balancing against commodities idea in the whitepaper
that implies 1) people in developing countries become full on doomers about the future of the USD, 2) libra or celo or DAI or something else is so much less inflation resilient that it becomes worth the hassle to switch over
so the most compelling arg for RSR investment by a wide margin is speculation before mainnet/coinbase, which is why im holding
but i dont expect the project to succeed on even a small scale in one or two cities
none of the above requires a high IQ compared to understanding the technical benefits of e.g. stakenet over existing solutions btw, yet you barely even see people discuss the fact that Celo has more extensive south american product outreach in buenos aires right now while doing something extremely similar. yeah their tokenomics are worse, im not shilling Celo, the point is when you bring this up it become apparent RSR holders have given zero thought to any of it and just say "cope more" "you had one year" etc
Ayden Wood
you had one year
Benjamin Perez
i bought this shit right after it came out and ive made ~7x gains since then
planning on selling a few days after the coinbase bump. kind of just accepting the community on here is dogshit at this point
Adrian Martin
>kind of just accepting the community on here is dogshit at this point
What’s the problem?
Gavin Phillips
>muh coin price
look at market cap you mong. did you not buy yfi because it was "too expensive"?
Thomas Sanchez
as a complete outsider to the telegrams, discords etc its abundantly obvious that the same 5-10 people post in every one of these threads
the new money larp memes are extremely reddit and bad, and you guys know this, bc the bigger the marketcap this coin gets the more people mention it in these topics
the completely needless arrogant attitude comes across as silly when you could have made about as much money timing an investment in REQ after the corona crash, and reeks of summer/new-ness
the copypastas ("certain type of man") are beyond cringe and the memes that arent poor people pretending to be rich are basically just LINK memes replacing nevin with sergey, three years with one year, etc
but beyond all else theres just the fact no one actually discusses the space this coin is operating in, how its implemented, what arbitrage would look like in practice etc etc, its just the same shit about muh peter theil muh bilderberg over and over
you can barely even call it a community basically, its just guys with a folder of 'rsr wolf of wall street.jpg' posting stuff like 'you DID buy the dip RIGHT user?? COMFY' when the coin goes up 5% on a saturday