Bitcoin Forum

coinbase invested in rsr coin and it seems to be gaining heat my question is does anyone actually believe coinbase wont do everything they can to get back 10x or more that what they invested rsr coin will probably get listed on coinbase is my guess when idk........but seeing as matic had a 10-22x times run this coin rsr could make that seem like nothing? any thoughts?

Where you get this info? Can you share the link for this info? And rsr is so down now, and only rank 1841.

know this is an old post but still relevant interesting info.

Not just Coinbase Ventures but also Peter Thiel & Sam Altman are invested in Reserve https://reserve.org/investors . Definitely a very bright future for reserve!!

Behind the project are very powerful individuals as they were able to get a bunch of well known partners. There is a big chance that coinbase will do their best to help the project and also the other partners will do the same.

This is what caught my eyes as stated in their mission and I guess this is what makes the project more interesting.
"The Reserve project aims to solve both of these problems with a stable, decentralized currency that can’t be abused by a government because it is globally distributed outside of anyone’s control, and thus nearly impossible to shut down."

it's just coinbase ventures.
not affected so much, did u think if coinbase ventures invest to some project its mean the project going up suddenly ?
no , its not like that.
and also matic, matic growing up before coinbase invested in.

RSR is a good concept of stablecoins in itself.
As it's a stablecoin, there's not much for anyone wanting to have a profit to look for but if you want to help create a strong decentralized stablecoin, you could start using it to increasee it's adoption. This would not be the only such project but surely this one is better alternative and has better backing than some shady projects like Tether.

I think that the second time this will not pass, most likely cut again people. it is difficult say about this situation here environment such a 50 on 50.

Hmm, if you ask me i think this is another way to know if a project is valid or not, coinbase will never invest in any project that they knew nothing about, just like how matic project is so i am not surprised, still you should do your own research to at least find out what makes or drive coinbase to invest in the project

Do not know if it is the right point to invest in altcoins at the moment. Once BTC dominance would decrease and leave space for altcoins, it would be a good move to invest in the same coin as Coinbase did.

things move superfast in crypto, by the time BTC dominance crashes proper RSR will prob be MUCH more expensive. NOW is the time!!

then it will be too late to invest in altcoins. when the season of altcoins begins, you simply will not have time. prices will rise at 100 percent per day

Reserve also did a 45 min talk at Davos this year https://www.youtube.com/watch?v=rb4e34btRbQ

What other tiny cap coins attend Davos & have Peter Thiel, Jack Selby both cofounders of Paypall & Sam Altman , head of Ycommbinator , among their early Investors. These are VC heavyweights and know exactly what they are doing and where there money is going!! :)

We don't know which RSR he means, if you say that the RSR ranks 1841. The RSR in CMC ranks 325. If we check coinbase.com there are no RSR coins. So, we lost the target. ;D ;D ;D

lol he definitely meant Reserve ,RSR, scroll down to 'our investments' https://ventures.coinbase.com/

& the diff in cmc ranking is cause that was in june rank 1841, price was lower