Someone has to die for this fucking scam

I am down 50% and it just keeps on dumping

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Double down

Meh, hold tight. Heavy correction was expected due to looming changes in circulating supply. This will be a fun one to hold in 2021. Turnaround will happen when coinbase or paypal materializes,

Couldn't they just use tether? I don't understand the advantage of this over a stable coin.

Blame that faggot Peter Thiel.

literally one guy quitted like that, looking like this shitcoin is going to crab forever at 1c

just bought 50k

Call big moose deli and ask them when the fuck are we going to moon. Make sure you record it.

Checked, a sign to triple down instead

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>blocks your path

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SHITCOIN

tether is based on usd, this is trying to replace usd as reserve currency

I admit I've fudded for fun, but reality is that this project will give spectacular returns even if it were to fail in the long run. Now is the time to DCA to reduce your average entry price then hold. At least hold until end of FY21. I'm doing the same, but I'll see how the arbitrage and coin burn works out. Not planning on selling completely, but collecting passive income.

How you will be collecting passive income?

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the white paper describes an arbitrage between RSR and RSV. Since it is part of the mechanism that stabilizes RSV, RSR will need to fluctuate to maintain the RSV peg. There will be pools to do this automatically. I'm assuming everyone knows that mainnet has not even launched yet, but is slated to launch in 2021.

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more reading
twunroll.com/article/1276299618377228289

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That’s contingent on RSV’s value being realized by having institutions actually adopt, which with the failure in venezuela nobody will.

If the actual reserve is worth zero, then you can bet the reserve stabilizer (RSR) is worth even less.

yeah you should have listened to me when I told you last week that BELLA was more solid

kek

Venezuela is only one of many countries this is in. Of course we are only speculating on future success since RSR is not even being used at this time. I've banked fairly heavily on it since I believe 10 cents or more will not be an issue post mainnet. I was able to DCA around .002 last summer so I'm a committed long term holder. Everyone picks there projects to invest in and currently this project has some of the best in the space. US team, big name VC support, CB ventures, former SEC chair, PayPal mafia, and US laws being changed as we chat to allow projects like this to go forward without mindless legal issues. Not every defi shittoken can say they have connections at the highest levels of finance in the world. YT video of them at DAVOS here youtube.com/watch?v=rb4e34btRbQ

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lmfao. if you look at the expressions of everyone in that picture they are all zoned out on different things. shills are desperate posting images like this.

I unironically bought this at the ath because i knew it would fail

we hunt down nevin tonight!

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>Venezuela is one of
Venezuela is literally THE target location for their beta on the mainnet to work, they littered their Whitepaper with it to demonstrate that their hyperinflated economy is the perfect usecase model to build their beta around. It needs to succeed in order for their beta to succeed.

If they cant fucking get adoption in venezuela they will literally never get adoption anywhere

I'll actually get to have my make it stack now. This is what I've been waiting for.

lol

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>officially at a penny
This thing is going sub 0.005
Might unironically buy in then.