$ (BAT) Basic Attention Token

Is it going up? I've been clicking Brave ads for dear leader for almost a few weeks. A day ago I had a whole $1.52 worth scraped together. Today, still clicking, it's $1.41.
 
Ever since I made the switch to Fedora and sync'd up my wallet, ads have been noticeably much slower. Pretty interesting effect.
 
I set my donation/tip amount to 1 BAT, if I am under 1BAT for the month will they take all the bat (eg 0.8) and gib to null or will it just not process?

Also BAT has pretty much hovered at 1 USD, any reasons for it not going up in value? I assumed with all the Crypto hype it would get a little boost (and some places online were speculating BAT would hit 2USD by the end of 2021)
 
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Trigger Me Timbers said:
I set my donation/tip amount to 1 BAT, if I am under 1BAT for the month will they take all the bat (eg 0.8) and gib to null or will it just not process?

Also BAT has pretty much hovered at 1 USD, any reasons for it not going up in value? I assumed with all the Crypto hype it would get a little boost (and some places online were speculating BAT would hit 2USD by the end of 2021)
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They'll probably take the closest 0.25 BAT that they can since I think you can only donate in quarters (meaning you could donate something like 2, 4.25, 5.5 or 11.75 BAT as examples, but not something like 6.66 or 0.74 BAT, etc.) The minimum that you can donate is 0.25 BAT so if you've only got 0.49 they'd take 0.25 and leave you with 0.24 BAT as your balance or if you had 0.90 they'd take 0.75 but leave you with a balance of 0.15 BAT.

As for its current price, basically everything is down. Things really took a huge hit across the board in early December, and then another big one a few days ago. Consider that at around this time last year it was only around 1/3 of its current value. Lots of people were thinking that Bitcoin would hit 100k by Christmas, but it topped out in early November at around 68k, and now is barely holding onto 41k (down from around 46.5k on New Year's Day.)
 
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Has anyone had experience with cashing out their BAT and having a negative experience with the IRS in terms of reporting it? Not talking HODLing huge amounts or anything, but just getting $10-15 worth of it every 2 or so months just using Brave. Is that considered a capital gain just receiving the free BAT every month? Or does that necessitate cashing it out for USD or another coin?

I personally have never filed taxes because I'm disabled and have never reached the minimum income required to file taxes. I do understand that over $1100-ish in unearned income in a year and you're required to file. I don't think I'll ever come close to that raking in $15 every two months, but I have gotten a bit stressed out pondering how to go about this sort of stuff. I'm not even sure if I need to report the $15 worth of BAT I received to the SSA in accordance with my ongoing disability check. Or how I am supposed to explain that to someone over the phone. Just say I received $15 of unearned income like a cash gift from a friend? I am aware that the first $20 of unearned income while you're on SSI isn't counted, so it wouldn't change my next month's check if I reported it or not, but I don't want to get in trouble for it either. Sorry for the powerlevel. Cheers.
 
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verymuchawful said:
Has anyone had experience with cashing out their BAT and having a negative experience with the IRS in terms of reporting it? Not talking HODLing huge amounts or anything, but just getting $10-15 worth of it every 2 or so months just using Brave. Is that considered a capital gain just receiving the free BAT every month? Or does that necessitate cashing it out for USD or another coin?

I personally have never filed taxes because I'm disabled and have never reached the minimum income required to file taxes. I do understand that over $1100-ish in unearned income in a year and you're required to file. I don't think I'll ever come close to that raking in $15 every two months, but I have gotten a bit stressed out pondering how to go about this sort of stuff. I'm not even sure if I need to report the $15 worth of BAT I received to the SSA in accordance with my ongoing disability check. Or how I am supposed to explain that to someone over the phone. Just say I received $15 of unearned income like a cash gift from a friend? I am aware that the first $20 of unearned income while you're on SSI isn't counted, so it wouldn't change my next month's check if I reported it or not, but I don't want to get in trouble for it either. Sorry for the powerlevel. Cheers.
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Uphold issues a 1099-B. The cost basis is $0 since you didn't pay for it and if you cash out, whatever you get is considered income.
 
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Fanatical Pragmatist said:
I'm just wondering why the adds on Brave slowed to a near halt, and why it's taking so long to process December's add revenue...
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Brave slowed down for me earlier this month, I had to go into brave://flags and enable "Enable Brave Ads custom push notifications" as well as "Enable system notifications." and that got me back on regular ad rotation.
 
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Bezmenov said:
Brave slowed down for me earlier this month, I had to go into brave://flags and enable "Enable Brave Ads custom push notifications" as well as "Enable system notifications." and that got me back on regular ad rotation.
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Nice tip, thanks fren. I'll try these and see how it goes.
 
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Just_Somebody said:
I'm expecting below $1 CDN soon so I'll be buying more soon.
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I'm hoping for about $0.50 CAD or so to buy. I wish I had sold my BAT that I've earned from browsing a few months back when it hit its ATH so I could use it to buy it right back and a lot more.
 
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