- Joined
- Jul 18, 2017
Its not a loss unless you sell.
$ (BAT) Basic Attention Token
- Thread starter Leo Bonhart
- Start date
Fentanyl Floyd
kiwifarms.net
- Joined
- Jul 30, 2020
- Joined
- Oct 19, 2018
I'm thinking @mindlessobserver is right (or at least I'm guzzling that hopium). If the whales get their way and push BTC down to 44k, I'd expect BAT to go down to into .80 maybe back into .70 then take a moonshot late Friday USA time. I just hope this fuckery doesn't turn people off.
ps I have absolutely no fucking idea, BAT is my first crypto and I only started buying 3 weeks ago.
- Joined
- Jul 18, 2017
The bloodbath is over at Bitcoin atm. The whales saw how much retail had positioned itself for further immediate price increases and are attempting to spook them off so they can close their options positions out at a tidy profit.
BAT is on the Ethereum network however, so really it should not be affected. Sadly it seems with the crypto market, when BTC catches a cold everyone else starts sneezing. People see BTC take a dump and then immediately start panic selling. I would not worry. Once the whales close out their options on friday the market will reassert itself and bounce back. It's a shame cryptos are so susceptible to these kinds of shenanigans though. It's what we get for allowing the ching Chong's to amass so much BTC with their bot farms.
Dr. Henry Armitage
Head librarian at Miskatonic University Mark 8:36
True & Honest Fan
kiwifarms.net
- Joined
- May 9, 2016
Any price estimates on what BAT will hit late Friday if the moonshot happens?
- Joined
- Jul 18, 2017
Be like trying to figure out what gamestop's high will be. The price is being driven by moonbeams and emotion.
- Joined
- Oct 21, 2018
Moonbeams? so we have to ask Jerry brown...
- Joined
- Jul 18, 2017
Guess this means BATS ultimate floor is 1 dollar for now. Even with all those shenanigans it stuck to that pretty stubbornly. Also managed to buy some Ether at rock bottom too before it shot up 200 bucks. The Ethereum Network over all is going to be getting its time in the spotlight as we now head into the final months before the London Hard Fork and the NFT craze hits its fever pitch. BAT will get dragged along with it along with all other Ether Tokens. Its own infrastructure upgrades by the Brave Foundation will also do some good things.
Really glad those Wall Street Bets guys showed the underlying issues in the regular stock market. When I decided to pull my non retirement investments out, it was a coin toss between precious metals or Crypto. If it wasn't for that I would have missed all this. Plus its new and exciting.
Really glad those Wall Street Bets guys showed the underlying issues in the regular stock market. When I decided to pull my non retirement investments out, it was a coin toss between precious metals or Crypto. If it wasn't for that I would have missed all this. Plus its new and exciting.
- Joined
- Jun 10, 2019
Is BAT something worth holding onto for the long term? (ie, For years) Or is it best to sell the BAT you've accumulated every now and then?
- Joined
- Oct 19, 2018
Hold on and buy more if you have cash to spare. BATs value is only going to climb in the long term.
- Joined
- Jul 3, 2019
What are you basing this off of?
I've been using brave for about 2 years but kinda new to the value of B.A.T
- Joined
- Jul 18, 2017
Brave Foundation wants to upgrade their network to the point where BAT is an actual medium of exchange. You could for example, use your browsers BAT wallet to buy things on Amazon, or any other online storefront thing. And since the transaction is done over the Ethereum network, it would cut out the payment processors. This would be huge, especially if they can pull it off. Which does remain to be seen. BAT itself would have its value based on the browsers advertising network. So if brave gets useful, more people will use it. Which means more eyeballs for ads. Which means profit.
- Joined
- Oct 19, 2018
More brave users means more advertising money rolling into BAT so long as braves user base expands the value of BAT will increase. Optimistically I see Braves adoption snowballing once creators start shilling it to potential paypigs, especially when youtube strips them of ad revenue at the drop of the hat already.
And that's without mentioning the coming upgrades Brave has planned that will increase access and utility of BAT
You don't have to trust me though Grayscale a large corporate cryptoinvestor have been buying up millions of BAT at around the $1 mark
It's a big IF but I see huge potential for Brave and consider them in the early stages of competing with Google with the browser, ad network, and now a search engine coming up.
It's very early stage, but the thing is they don't even have to be nearly as good as Google, Google just has to continue shooting themselves in the foot like they are currently doing by hiring a bunch of troons, censoring search results, and other fuckery.
There is also just so much fucking money in digital ads that taking just 1% of share from Google is worth over a billion dollars per year. Then there's all the interesting possibilities the integration of the token offers that others have mentioned. The downsize is that that have some very powerful competitors and they themselves have to avoid fucking up as well, but I'm optimistic about BAT.
It's very early stage, but the thing is they don't even have to be nearly as good as Google, Google just has to continue shooting themselves in the foot like they are currently doing by hiring a bunch of troons, censoring search results, and other fuckery.
There is also just so much fucking money in digital ads that taking just 1% of share from Google is worth over a billion dollars per year. Then there's all the interesting possibilities the integration of the token offers that others have mentioned. The downsize is that that have some very powerful competitors and they themselves have to avoid fucking up as well, but I'm optimistic about BAT.
- Joined
- Jul 3, 2019
Thanks for the info makes sense condensing ad revenue is dry up on the mainstream services for a lot of people not just youtube
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- Joined
- Sep 16, 2018
Not sure if it has been addressed yet, but the only question I have left for BAT is what happens if it becomes fully diluted, as in when the maximum total supply of tokens has been reached. Out of a maximum 1.5 billion total tokens, around 1.49 billion is already in circulation which only leaves less than 10 million still ready to be distributed.
Have Brave already planned what they might do about this if they're left with no new tokens to incentivise ads with? Am I missing some other detail here as well?
Have Brave already planned what they might do about this if they're left with no new tokens to incentivise ads with? Am I missing some other detail here as well?
- Joined
- Oct 19, 2018
The 10 million brave are (with)holding are just for additional funding and/or promotions. the BAT distributed as rewards for viewing ads is bought at current market price and payed for by the advertisers or brave on receiving the advertisers cash.
- Joined
- Sep 16, 2018
That makes a lot more sense, actually, damn. Not sure why thinking about how advertisers literally pay to show their ads escaped me for a moment there.
- Joined
- Jan 14, 2020
If BAT manages to pull off what all of us are hoping it will, then I'm going to say gentlemen that those of us that got in early are going to be laughing in a couple of years done the road. The momentum has me shooting fluttershy rainbows out of my cornhole, but I still believe in BAT being the work around we've all be waiting for since the early days on the web. Especially in regards of payment processing and cutting out the middle men/PayPal.
What also was an interesting fact was the original developers when Mozilla was decent where the team that actually worked on this browser. Which was funny coincidence because it gave me the OG Mozilla vibes before it got infiltrated by junk. As cheap as it is right now, it'd be silly not to hold some. I'm glad a browser like this actually exists. I wouldn't be shilling for it if I thought it was trash either. I have it on everything now, and it works like a breeze. If it manages to put a huge dent into PayPal, then maybe the world might have some hope after all.
What also was an interesting fact was the original developers when Mozilla was decent where the team that actually worked on this browser. Which was funny coincidence because it gave me the OG Mozilla vibes before it got infiltrated by junk. As cheap as it is right now, it'd be silly not to hold some. I'm glad a browser like this actually exists. I wouldn't be shilling for it if I thought it was trash either. I have it on everything now, and it works like a breeze. If it manages to put a huge dent into PayPal, then maybe the world might have some hope after all.
- Joined
- Jul 18, 2017
They are trying to convince Amazon to accept BAT as a form of payment from what I hear. Would be a huge coup if that happened.