Can someone ELI5 this shit to me? I bought 75K for the memes a year ago and now I don’t want to sell it. Why is this so good?
RSR
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Basically just hodl
If does well = nice gains
If doesn't= you lose money
long term hold anyway keep it in your wallet and forget about it until Q2 2021
>Basically just hodl
>If does well = nice gains
>If doesn't= you lose money
Big brain hour in here
Absolute shitcoin.
buy Freedom Reserve instead.
more room for growth
info.uniswap.org
Team actually has a product being used in the real world and are expanding over South America. Mexico is the next country they’ll be launching in, and the Coinbase listing is coming soon. Very comfy with my stack.
It literally is that simple, throw in what you're willing to lose. investments are a gamble.
What are the chances it reaches $10?
0
should’ve bought more it’s going to $1 easily and possibly $10
>ELI5
go back to r3ddit faggot
$10 will never be attained with this token. Never. Never.
yes it will you have no idea
I'll nibble. Explain to me how and why RSR will eventually reach $10. Include the following topics:
- Government regulation and adoption
- Arbitrage opportunities for holders
- Token supply v.s. burn rate
- RSV collateral vault ratio
no it won't retard
probably won't ever hit $1
@rsrdev
$56 2025
>ELI5
eat shit and die
>begging this hard for people to spoonfeed you
iykyk
hive mind mentality
Still no explanation. Yikes. RSR holders are literally smooth brained.
>1 Trillion market cap
If you're already aware of all those points why do you need the spoonfeed?
100%
i know you have a bag yourself
this user knows.
Because those points are not necessarily an advantage. Governments can outlaw Reserve, arbitrage opportunities will only benefit the team, not a small holder. Yes, RSR is burned, but the supply is crazy high. The market cap would be ridiculous. This idea only works in a perfect utopia, not in third world shitholes.
are you just here to shit on the convo? Someone claimed 10$ he said no way here's wahy and no further answer came in form rsrsfags.
>backed by peter thiel
you know that could also mean he's okay with keeping it stable so enezuela has money right?.
>Governments can outlaw Reserve
There are plenty of workarounds for app access, which is the only real point of attack. Oulawing an ethereum wallet isn't feasible.
>Reserve, arbitrage opportunities will only benefit the team, not a small holder
I don't see why this is the case. If the team were dumb enough to try to restrict its value to outsiders then who would continue to buy it once the protocol is running? They'd end up bagholding their own project.
>RSR is burned, but the supply is crazy high
Current projections given by the team put it at 2-5% burn, annually. Further, over half of the total supply is held by the foundation (not the team personally) and subject to additional restrictions.
I personally doubt it will reach $10 in any reasonable timeframe.
>using 2nd grade reverse psychology
kek so desperate
Agree. Still, $1 is stretching it imo. IF it works and IF they deliver it would seem possible. $10 is literally moonboy speak.
lmao this volume
lmao those early textbook PnD spikes
this coin was DoA
>wait 10 years
>supply is now 50B-80B
JUST WAIT A DECADE BRO
It's not a project that I'm 100% on but I'm glad that there's something in this market trying to provide a service instead of endless pump and dumps.
$1 is literally moonboy speak for newfags that bought over 1 cent
Remember the $0.50 Trump gif meme? Of course you don't you pathetic newfaggots.
I can see it go to ~0.30. Then it will depend on mainnet
the only ELI5 that's truthful is image related
i would say realistic could be 1B (0,1$) - 8B MC (peak bull about 0,85$)
pajeet liar
the burn estimation is not 2-5% of total supply
it's 2-5% of the market cap of RSV value burned in RSR
Anything over $0.1 is really stretching it. If you can't make it by then you can't make it, period. Probably a retard that either wasn't on Zig Forums or fell for satsgang fud one year ago, good riddance.
Not sponsored by the Bilderberg Group.
relax man, as soon as the coof is over grindr will be way more active and it'll be easier for you to get your butt pumped again
The assumption in that post are that the team is dumb enough to crash the value and demand of their collateral token and end up broke when they could just not do that. Whoever wrote that has spent too long mainlining DeFi scams.
These are acceptable numbers, but I think 0.10 is the upper limit for this token.