/biz/ - Business & Finance

>>19971522
Hodling for now.

Hold. BATbros ALWAYS win

Holding, but planning an exit strategy.

Why would you sell this comp madness keeps growing 11% of all bat locked in comp lol
Also:
>bat virgins hold whole year -1%
>I buy 10k bat at 0.21 10 days ago
>stick it in comp, do falshloan for 4x fold
>lednign 20k bat at 24,61% borrowing 10k bat 33,4%
>profit in 10 days from price of bat going up, lending bat and mined comp tokens: 78%

LOL

>>19971663
do tell anon

>>19971983
I think BAT is on it's way to $1+ this time around and if I'm not wrong this is only the first wave out of possible 3. Basically, it's repeating what LINK did. This whole comp shit is what BAT was lacking all this time for a proper pump. BAT should reach it's maximum supply this year and when that happens; selling pressure will drop significantly. Everything seems perfectly aligned so my estimate for a first stop is ~$0.4, if not then massive crash below $0.20 should be expected.

I do have a bad feeling about this. i don't hold much (around 2k bat) so I was hoping it would be $1 eoy and i would sell it all and buy something else. thing is i don't know what else to buy, and the recent increase has a drastic drop written all over it.

you can short bat? where?

>>19971522
Been holding my BAT bags for three years and I'm earning a cozy 25% plus getting COMP tokens. BAT can never drop much because is never goes up much.

Why yes, I am. Indeed, I have about 100 shares of British American Tobacco. It is an excellent long term investment that yields a fixed dividend of 6.5% in a recession proof industry. You just can't go wrong with it, much better than meme coins.

will we ever recover march 2019 sats

>>19971522
shorting all the way to 0.2595

>>19971522
Just gonna lend it and farm Compound for eternity.

>>19972618
Borrow from Compound using a bullish or stable crypto as collateral, immediately sell and then buy after a dip.

>>19973349
yes, in september, but btc will be lower so it will only be $1

Sad story of bat lol

>>19971522
The really funny thing is that whole time /biz/ has not get the one thing that BAT is really good in. And that is stability. Which makes it a perfect token for uniswap liquidity pools, because you do not really want volatility when doing this. I am a BAT uniswap liquidity provider nearly one year earning a yearly APY of over 200% while you guys trashtalked about BAT and totally ignored this AAA property. The funniest part is that because of the COMP craze my APY was at one day at roughly 1000% which is fucking insane.

Now that BAT is finally breaking out I feel like this opportunity also is gone which is totally fine, since I earned a lot already. Pretty cool I doubled my BAT stack from unisap fees alone.

>>19973913
Oh and the other good thing about BAT which makes it perfect for uniswap pools is trading volumes because of the token velocity. :)

You guys are absolute amateurs. And I laughed every time there was a BAT FUD thread in the last couple of months..

I've always thought that BAT was a cool concept for content creators but never bought

>>19973913
>>19973927
>Makes fun of biz not using abt on uniswap for fee dust
>Misses fact where 13% bat is locked in comp and growing for 10x more gains and wonder why it moons now

>>19974014
I don't wonder it moons now. I am totally fine. Since I earned 10-1000% apy for the last 12 months for providing liquidity. I kept my mouth shut because the more people join the BAT pool the lower my share would be.

>>19973913
BAT was always going to moon for reasons other than its 'purpose' imo.

Swung 45k to toss into some stocks but I'm holding the rest of my stack. Really should give this COMP shit a try before it crashes.

>>19974069
I'm trying to get my head around these Uniswap liquidity pools relative to BAT token right now.

I understand that you have to deposit an equivalent dollar value of ETH and BAT into the Uni smart contract, however the balance of each respective token can shift.

With BAT having good performance, and ETH relatively flat, I am concerned with the balance shifting toward ETH and me losing out on gains from BAT. Is this correct logic? Or is it when you pull your assets out, you pull an equivalent value to the gains made in BAT?

So for example if I start with 50/50 BAT/ETH, and when I withdraw I have 20/80 BAT/ETH, do I lose value?

Thanks, yield on BAT is insane right now.

Ok so I think the term that describes my concerns is "impermanent loss"?

According to https://www.uniswaproi.com/#, it's only a small % (less than 1%)

Have you seen this to be consistent with actual figures?

>>19971920
Don't forget that you can stake on makerdao use as collateral for a 0% dai loan.

So after you earn your comp, you can just take out a dai loan to get cash....

>>19971522
going to dump, held 40k BAT for like two years and watched other projects flourish while BAT just crabbed. Money to be made elsewhere.

>>19972618
Shorting is a bad move right now. Especially for one of the strongest undervalued crypto assets.

also, its currently moonng O.O

errr, broke the fuck out.

>>19974930
I only 19,000 bat, I really want to accumulate more before reaching a dollar.

Like clockwork bitcoin is trying to take BAT out again. Not this time bitboomer

>>19971522
seems like big moves are happening with BAT right now.

>>19973857
imagine taking the time to make this

especially considering BAT has a whole browser behind it which is more than 99% of what crypto vaporware tokens have


also BAT always has a CONSTANT supply of doubters and haters. People can't ignore BAT, they always have to talk shit. That's bullish. Nobody even talks shit about LINK or some other "big" cryptos these days - they just ignore them because they're boring vaporware.

BAT has a purpose and a privacy focused browser behind it. People can't ignore that - they have to try to hate on it to make themselves feel better about not holding it.

>>19971522
If I fucking sell and buy back i will literally be at a loss because coinbase fees are fucking huge

>>19975636
Coinbase is best for static holding.

swinging might be worth it on Coinbase Pro. One thing about BAT is that it ALWAYS goes back down. It's a swing traders dream. If we break 31 cents we'll be back down to low 20 cents before you know it

>>19975587
BAT makes most coins obsolete. If you are a consumer facing token you have already lost. Back end tokens like ethereum or certain utility tokens are really the only tokens that are safe. BAT has a lot of enemies because its just good.

>>19972397
If Uphold's supply of BAT runs dry during the upcoming Defi waves it'll go much higher. Uphold is the custodial supplier to run Brave ads, they will need to buy to meet their obligations.

>>19974744
>With BAT having good performance, and ETH relatively flat, I am concerned with the balance shifting toward ETH and me losing out on gains from BAT. Is this correct logic? Or is it when you pull your assets out, you pull an equivalent value to the gains made in BAT?


This is correct. And this is exactly the reason why BAT was an AAA Uniswap liquidity token for the last 12 months. And probably will for a long time stay parallel to ETH. Simply because most BAT transactions are offchain and only performed on chain in the ecosystem when a user does the uphold KYC bullshit, which most users don't do.

>So for example if I start with 50/50 BAT/ETH, and when I withdraw I have 20/80 BAT/ETH, do I lose value?

Not directly. You will get nearly the exact same amount back + fees. But you would have been probably better off if you would have Hodled your BAT.

For me personally I will sell my BAT once it hits 40cents and look into other opportunities.

Never selling until uphold dies

Whenever someone else's coin pumps, it's just a random/meaningless pump and it will come back down

Whenever one of 'my' coins pump, the new price is it's TRUE price, the rest of crypto have just realized what I already knew, and the price is reflecting that

...and then it drops, and I think why did I get tricked again

SOMEONE ANSWER THIS:
BAT SKU = KYC?
YES OR NO?

>>19976225
We don't know yet. I have heard a team member say that its not required, but we wont know until we actually see it.

>>19976250
Ok Thanks fren. Tried to find info online and I couldn't. There isn't much info on it. BAT SKU is the thing I'm most bullish about. I don't give a shit about self-serve or their other useless shit.

>>19975964
Thank you friend.

>>19975653
is coinbase pro available in the UK? idk why i never thought of this before

>>19975636
iirc coinbase don't charge fees for exchanging crypto for crypto so maybe try exchanging for USDT for swing trading?

>>19976676
They are a KYC institution, so they will report all that information... I would just go on Dex's

>>19976379
Self serve, publisher, and the SKU are all done. They are just waiting to harden the system before release. Self serve makes it easier to onboard more advertisers and lowers minimum campaign amounts. Its big news because it opens up the floodgates for more ad buys. Right now onboarding is a big bottleneck because its all done manually.

>>19972397
BAT is totally unrelated to DeFI thought, why is this token the one being used so popularly? That raises some questions, are the devs staking and borrowing their own stacks?

>>19976782
why would that be illegal though? why else would they have USDC?

plus you can keep cash on your coinbase account to avoid fees.. they're basically encouraging swing trading

>>19975964

I understand now, because as the value of BAT goes up relative to ETH, the ratio of BAT:ETH I have will decrease...

>>19976463
cool. Also do not forget to register on uniswaproi to simulate your ROI when stuff changes.

>>19971522
tons of cBAT being redeemed and more BAT borrowed, what could it mean?