/biz/ - Business & Finance

whales are bored

2% is a pump for this coin, that’s how bad this shit is

massive fucking news thats why, you absolute imbecile

hope you're paying attention..

>>26342911
nice dubs but care to share the news other than ipfs or the fb larp

Grayscale. This is just the start. You think boomers want litecoin that does absolutely fuck all, or a token that has 25m+ users and over 50m by year end?

OOOOOOOOOAAAA ONE DOLLAR HERE WE GOOOOO GOOGLE CHROME OF WEB BROWSERS

Bat niggers btfo

Brendan Eich hates faggots and BAT will be the currency of the White Ethnostate.

>>26342858
You should be asking why wasn't this gem pumping until now? Well, that's because people are retarded.

$40 EOY.

>>26342946
greyscale coin leak
LINK, XTZ were speculated to be added
But its LINK XTZ BAT MANA and LIVEPEER
youre welcome, means bat is legit with the SEC, and eich is going to take us to the moon

>>26342947
Boomers also have a stock trading mindset and BAT is perfect for that. They'll look at it, do a quick mental math and realize how fucking undervalued it is compared to all scams above it.

>>26343419
i picked up a bag 2 weeks ago. how long should i hold?

>>26342873
>>26342896
>>26342911
>>26342946
>>26342947
>>26342965
>>26343039
>>26343118
>>26343201
>>26343324
>>26343419
>>26343431
>>26343538
>people don't know about the greyscale news
kek

>>26343538
depends. 1-2 months we should break 50cents, after self serve and themis get released will never be below a dollar
but I dont know when that will be
also, 5 dollar bat in 2022,
IF you got brass balls, and bat pulls off what they intended to do from the start, bat could possibly be $1000 in 2025
>ib4 delusional cope

finally all those years of using this shitty browser has paid off now I have enough to buy a whole bottle of cheap vodka haha take that firefox cucks

>>26343637
how tf do you get a $1k price target. that does insane shit to marketcap, its unreasonable

I had like 12 alerts from blockfolio about bat swings
wwhat happen

>>26343725
no when tokens are locked up in themis.

also what happens when you have 100 million, or 500 million users who each get paid out of a pool of 1.5 billion BAT each month?

>sold 40k averaging 28 cents
>set 20k buy order at 24 cents last night
Feeling pretty good

I am going to be beyond fucking rich.

>>26343788
can you tl;dr themis for me?

Say it with me...

Grayscale Basic Attention Token Trust

https://decrypt.co/54981/grayscale-chainlink-trust

>>26343538
I've been holding three fucking years...got in at ten cents. I will start taking profit@ $3.00 whenever that is

>>26343788
the rewards shrink to nothing

>>26343929
i dont think a filing necessarily guarantees they'll go thru with it

>>26343725
Its far out hope I admit, but if Brave has its own email servers, tor, vpn, paywalls all in bat, etc
everyone hyping up how they using bat and earning bat, 2021-2025 could see a growth spiral, especially now with tech companies shooting themselves in the foot
It would basically have to be the next google, and then imagine google stock could be used for all google utilities

>>26343904
Allows for advertisers to ensure their advertisements are being properly displayed and not defrauded. Ensures rewards are distributed properly. Ensures privacy. Most likely implements staking.
ENSURES MOON

>>26343990
>caring about rewards
champ we own bags of the token. the less tokens people get paid out in the future implies a higher token price. at present the token per month decreased as brave were trying out different models, and reducing the payout for their own campaigns on brave.

when new ways of being paid tokens, such as adverts in brave today, publisher adverts and self serve come online, you may find out you are getting paid the same number of tokens per months, but a higher USD value per month.

>>26342858
Sucks feel like i didnt acoomulate enough

>>26342858
Because pajeets rely on hype and disinformation to sell their scams instead of relying on solid earnings over a half decade, stable prices and a good reputation.

Don't hype your coin to me or my son ever again 'sirs' we are advocate a reputable coin and will not be scammed by the likes of you.

Good day 'sirs' and good riddance.

>>26344038
>ts far out hope I admit, but if Brave has its own email servers, tor, vpn, paywalls all in bat, etc
>everyone hyping up how they using bat and earning bat, 2021-2025 could see a growth spiral, especially now with tech companies shooting themselves in the foot
>It would basically have to be the next google, and then imagine google stock could be used for all google utilities

This guy has vision. I could see American and EU anti-trust and privacy laws really hobbling Google in the coming years too.

I have so much BAT and have been so sad with its low performance to date. I sincerely hope there is great things in store.

>>26344319
BATs price mooning will shine a shit ton of attention on Brave/BAT in general. Once it does, it will be a self reinforcing loop of price appreciation for BAT.

It's a crabcoin, and one of the only coins that has constant sell pressure from pajeets.

Brave can't function if the price is too high, so Brave will dump it if it does rest assured, they make more money from the ads and dumping earns them money too.

I was a believer in BAT but after considering this, it makes sense why it constantly goes nowhere despite getting more users.

>>26342858
Cameron (@shiicoinprotips now on twitter, poor dude keeps getting banned kek) broke more BAT news. Simple as.

Grayscale is adding BAT to their asset portfolio. Grayscale is already one of the first crypto portfolios to go mainstream. It has the trust of institutional money and will only grow stronger in coming years.

Personally I think this is the biggest BAT news I've seen in maybe 2 years. It's absolutely huge if true. Cameron is a psychopath but I'll be damned if he isn't dedicated. He's basically the best source for all things BAT out of any single entity, even though he simultaneously fucking hates BAT.

>>26344825
what they actually need to do is just let some pajeets make it
once you get the exponential growth from a real moon + adoption phase pajeets will have their own generation of Made-Its who will further validate crypto to the next generation of pajeets and global users who will be satisfied with holding hundreds or dozens of BAT instead of thousands

>>26344039
undeniably based
>>26344070
exactly
>>26344081
dude its 30 cents, I have 500k and still stacking until 50 cents
>>26344319
>>26344731
lets hope my friends
>>26344692
not soon™ but very soon

>>26344825

"Brave can't function if the price is too high"

What retarded bullshit. You know BAT tokens are divisible up to 18 decimal places, right?

>>26344906
>cameron two weeks ago
SEC!!! SEC NOTICE BRENDAN SAMPSON AND LUKE THEY ARE RUNNING A SCAM PLEASE INVESTIGATE THEM NOW!!
>cameron today
Hey guys! $BAT looks like its set to explode. Better load up now!

>>26344906
Here's the thing about this news:

this would pump any other shitcoin like 50% minimum. But because this is BAT, which gets the least hype/coverage out of any crypto in the top 100, it will give it a little push and then it will dump back to 25 cents or something. Make no mistake though, this is incredibly bullish news and READING WHAT YOU'RE READING. READING WHAT I JUST POSTED. Should trigger your fucking brain to buy BAT. This is the shit that you've been waiting for, this needs to trigger the buy alarm in anon's brain. Because this is huge.

Not even pajeeting. This is big news.

>>26344996
I will never deny that he's a schizo, but I love that about him because all he cares about is pumping BAT's price. HE follows the project closely, he's fucking bought in and will be until he dies I'm sure.

Also I'm 100% certain he does not browse /biz/ but if he did his posts would be pure kino.

>>26345046
i cant tell if he is some 4d chess guy but fuck he is odd. god bless him but hope he makes it. we can extend an invitation to the BAT yatch party on brendans boat if he doesn't sperg out too hard between now and then.

>>26344731
Yep. That's how it works. Pumps are the best advertisements for projects.

Also a reminder that XRP with more than 10x of BATs supply pumped to $100b+ mcap at one point. BAT is only at ~$400m mcap right now.
Do the math.

>>26345119
I keep trying to do the math but coom my pants every time i get to $40

>>26345098
I won't pretend like I know a lot about the guy, but just from following him on Twitter I know that he was an early BTC investor and he mines a lot of Bitcoin on his own. I think he's already pretty wealthy from Bitcoin alone. And I'm pretty sure I learned he's Jewish at one point which makes a lot of sense

anyways the Grayscale news is why BAT is currently pumping. If you know you know. This would make any other shitcoin besides BAT moon, I swear to God.

>>26345046
How are you sure he doesn't post?

Can someone help me make money I dont want to be homeless in 1 month or 2

>>26345218
Obviously not 100% sure, maybe you could be him for example, but I'd probably detect his posting pattern in BAT thread at some point. I've been around these parts (and on BATproject) for awhile now

>>26345225
rubic

>>26345225
unironically get a job my friend. i don't want to shill you anything. crypto is dangerous.

>>26345225
Job, then buy a Bat bag.

Buy BAT

>>26344825
If the price skyrockets can't they just lower rewards? I don't see the issue

>>26345686
Yes, they have already raised and lowered the rewards several times. The whole point of BAT is to front run hundreds of thousands to millions of them before advertisers start buying extremely huge chunks for daily operations. In four years you probably wont be able to find a single person with over 1000 BAT outside of crypto investing circles and even that will probably be extremely rare.

>>26345686
Yep. They can lower reward amount and also add decimals to BAT tipping.

BAT mooning would only ever be beneficial to Brave in every way possible. The only downside from my POV is that it would attract SEC attention but I think BAT passes the Howey Test due to the focus on advertising/utility of the token/etc. (still has a ways to go though)

>>26344968
>>26345686
I was under the impression that Brave's ads were priced in BAT (which would result in more demand if the price of BAT were lower), however this is incorrect.
In saying this though, being priced in USD is not good news for BAT as a currency, it really just means any value from ad purchases is going into USD into Brave's pockets.

Advertisers pay for ads in either USD or BAT, they get the choice, USD is the default.
(source: https://brave.com/brave-ads/assets/Brave_Buyers_Guide.pdf))

If they pay in USD:
There is only 70% upward pressure max, since Brave pays out 70% to its users. I say max because if they already have the tokens and don't need to buy them (they have a lot) there will be 0 upward pressure on its price. Now this is assuming that all 70% of users hold, which they obviously do not.

If they pay in BAT:
There is little reason for a company to take this additional cost (trading and transaction fees along with additional accounting), and even if they wanted to do it for privacy Brave doesn't take ads from 'riskier' industries anyway.

If the price of BAT is low

Also I forgot to mention, but the BAT SKU will have code ready in February, and it will get a rollout in March. So we have that, Grayscale, self serve, and THEMIS sometime this week or next. Brave is also doing a huge revitalization of BAT, and pushing BAT related ads now. Lots of stuff planned over the next several weeks.

>>26345895
I think ad campaigns are packages priced in USD. You can probably pay in either but the campaigns have basic packages in USD valuations

either way Brave converts the USD to BAT so it's all the same in the end. I think you're either overthinking things or you don't understand. BAT has buy pressure no matter what from companies buying ad campaigns; the BAT is then distributed mostly to users and/or publishers. At the end of the day this should pump BAT's price eventually. At the moment it's not, I guess because there's heavy sell pressure from early BAT whales/pajeets getting their free BAT and instantly selling/etc.

>>26342858
join us anon, let's gooooooooooooo

>>26345895
>If the price of BAT is low

If the price of BAT is low, it doesn't matter, I was mistaken about that, but only because they don't even use their own currency a way to purchase something with value (their ad space). So long as their ad price is pegged in USD, Ad purchasing could be entirely irrelevant to its price if Brave isn't buying back their tokens to give to their users.

People talk about BAT being one of the only projects to have real value in crypto, when it really doesn't. The US dollar is what buys you value at Brave, not even they believe in it.

>>26346055
You're right in that it should grow if the people getting the tokens wouldn't sell them, but that's just the same as any crypto really, if people hold the price won't go down.

The difference is that most people have to buy their crypto, meanwhile with BAT many people (including from poor backgrounds) are getting it for free.

I expect that BAT will probably be replaced with some DeFi version of it, especially with the censorship uptick these days on current ad networks. You could still have decentralized voting with staked coins to determine what ads are accepted in order to achieve quality control without the 30% in fees to Brave.

>>26346249
Bat has no chance of being replaced. You are an insane person.

Give me one reason it will ever be worth more than $5

>>26343419
>mana
Why the fuck would grayscale invest in a rip off of secondlife? those documents are probably part of some elaborate scam by an anon who wanted to pump his bags lmao

>>26346249
You are looking at BAT from the perspective of what its capable of today. Zoom out, and think a little further. BAT is more than just a token that is earned and sold. It already has Defi capabilities and was one of the first collateralized assets, and I think in the future it will play a bigger role in the Defi/NFT space. In the not so distant future we will have the BAT SKU which will expand online crypto payment capabilities. So in March we potentially have a new crypto payment rail that close to 30m+ people will become exposed too. It doesnt seem like much until you factor in that millions of people could top up their wallets with $20-40 worth of BAT for tipping,premium content,etc, and potentially do it monthly. THEMIS documents should be coming out too, and this might include staking. Everyone acts like BAT is some binary token thats not capable of new features or "tokenomics"

What everyone needs to know is that Brave is basically the window to crypto for normies, and BAT extends beyond the browser. Whether Brave extends the utility or third parties do, BAT is probably here to stay and become much bigger than it is now.

>>26342858
Paaahmpdeeeeez BATs

What happened on Jan 10, 2018 to pump BAT to $0.7?

>>26346087
>>26346249

Staking Rewards coming

It is Time.

waddup

>>26342858
undeniably Based

>>26346832
I'd like to believe in this, what you've written here is why I bought in in the first place. The core concept is clearly good and valuable.

But is there really any reason BAT has to be its own token? It seems to me like it's just something so that brave has a development fund.
I'm not saying that as if it's a bad thing in itself, most projects do this, but it's to say that if that is the only reason they are doing it, it could very easily be replaced by something that is more efficient.

Perhaps you're right and it'll change and be decentralized in the future, but I think it's centralized aspects won't help it in the long term. I also don't see why Brave would want to give up any of their control over their token.

pump the BAT

>>26347144
Branding, why would they replace it and confuse customers?

>>26347416
I'm saying someone else could replace it and take over the market, not Brave themselves.

>>26347580
The fact that no legit competition to Brave+BAT have surfaced at this point shows how hard it is to get privacy + business to work online.

BigBrain Eich will prevail.

>>26343419
What is grey scale? I own 15,000 bat

>>26347672
You say this, but you can already see companies dumping money into random Twitch streamers as donations with 0 communication between both parties. What matters is that people see the ad, working with an ad company costs time and money, which could be unnecessary.

Doesn't take a genius to see why a company would want to just spend money on ads tied to an algorithm that automatically shows them to the correct people and distributes the money to those people. This is what already occurs with Google except Google keep most of the money and then the ad space provider gets the rest. You could drastically reduce costs if you cut out this middleman. Brave goes halfway with this with cutting out paying the ad space provider (instead it pays the user), but keeps itself as the role of Google to earn money.

>>26347672
It also might mean it isn’t seen as profitable. I believe we will reach $5 by and of the year. Which just happens to be me making it, I am delusional.

>>26347862
Second this. It's attention on the Internet and they just announced ipfs support.

>>26347580
If it were easy, everyone would be doing it. The thing about Brave is that its an extremely unique product. Yes there are lots of browsers, but one thing all of them lack is top talent, or a clean ethos/vision. Most legacy browsers either have a tainted company image, or people have already used the product before. New browsers don't have the necessary talent or capital to make a competing product. Brave is basically a clean slate with legacy talent that has built up a "cult like" userbase through crypto,privacy,dev communities. This is an extremely unique scenario, and it looks like its playing out. Brave looks like it could be the first crypto company to hit 50m users, and I think the only other company that might hit that mark anytime soon is coinbase after nearly 10 years in the making.

>>26348130
there's no explaining this to the pajeets on this board. They think everything in crypto is replaceable or replicable because they're invested in worthless scam shit.

It's like trying to explain a cell phone to a cave man. They'd just think a cell phone is a fancy rock. Explaining BAT to a pajeet isn't worth anybody's time, they can't possibly comprehend why it's unique and can't be replicated easily. No point in trying.

>>26348130
I agree with this, it's why I bought in to begin with. But why did it drop from top 50 to 70 when most other crypto's around this rank don't have any of this sort of more obvious value/userbase.

It has so many users like you say, but the pressure on the price it has been falling relatively. I'm really just trying to figure out how this could be the case, since it's been doing not well relatively for months now. It's at 64 as I write this, when it used to be well into the top 50.

I've already laid out a few reasons why it has been crabbing so hard, but the reasons you've given for its value aren't any less true for the past few months. If they were true, I'd expect it to at least be keeping up with some of these shitcoins that don't do anything better or special compared to other similar coins, yet it hasn't.
You can give these reasons now after it has had a pump out of nowhere, but where has this reasoning brought the past several months within a bull market? I honestly can't explain this without factoring in some sort of consistent selling pressure, plenty of top 50 meme coins seem to not face this issue.

>>26347580
>>26347672
>>26347841
>>26348130
>>26348589
>>26348795
this is my take on it.

google could build a brave competitor, however googles source of money is through collecting data and ad rev.

they would absolutely cannibalize themselves to win a new market. it will be super interesting to see what they do going forward.

>>26348795
Niggers? I don’t know.

>>26348795
Equal amount of buyers/sellers. The market is still largely driven by speculation and dumb money. People just aren't drawn to BAT heavily yet.

Noice

>>26348965
Pretty interesting actually, I hadn't even considered that Google would try their best to never let this happen unless they controlled it. With Brave being centralized, they could be bought out.
Remains to be seen whether that would be bullish or bearish toward BAT though, if Google embraced it, it would mean changing their model significantly but probably ultimately improving price dramatically, if they rejected it, it could result in Brave being shut down and BAT going to 0.

Don't really see why they couldn't just literally copy BAT and put it directly into Chrome though. It'd kill Brave if they had a competitor like Google.

>>26349507
Because their current model is more profitable.

>>26349507
Because let's say they make 100 per user. They would make 30 per user now because they can't sell off data. Hence why Google can't really pivot their model to braves as if would just ruin their own profits. They would be competing with themselves.

>>26349873
Certainly true, though this still doesn't wouldn't stop Google from pivoting if they saw they were losing a huge amount of market share. Their capital is colossal and there really wouldn't be much stopping them from copying Brave/BAT's model quickly.
Large companies have fallen before for their complacency, but you're really betting on Google fucking up so hard they suddenly lose their market share to Brave, after having almost the entire world habitually using Google for almost, if not their entire lives online.

I think it's more likely that Google would just never need to care, even if Brave grew to a sizeable chunk. Think of the amount of people who use some form of adblock for instance, normies just aren't into it no matter what the incentives are.

>>26350292
Normies? Where are you from?

>>26350292
A pivot is not as easy or as quick as you think. Theres a reason these companies buy out their competition. Its easier to strangle in the crib. By the time google decides they need to create a similar product its already too late.

>>26350816
It’s a privacy browser with rewards. No body who wants a privacy browser trusts google. Google knows what they are and have no interest in a similar model.

>>26350917
Exactly. They cannot become privacy focused, and their "dont be evil" memory holed motto is etched in everyones memory. The damage is done. Google could compete on rewards, but their shareholders are not going to take kindly to a 70% reduction in revenue. This is the same company that ramps up the youtube pre-rolls 10x just to make a little extra revenue at the cost of pissing off 100% of their users.

>>26342858

>why is it pumping

>>26348965

What if Google buys a shit-ton of BAT tokens? They could theoretically use a competitor to make themselves money either way with this.

>>26351912
This egirl is actually BAT verified.

Could 4chan comments be made BAT-tippable by Gook Moot and still maintain user anonymity standards of 4chan? I'd be rewarding to get tipped for witty shitposts.

>>26342858
sure do wish I was pumping Jennie if you catch my drift anons?

>>26352383
I don’t think so, shit post should be made for the same of joy. Making some fat autist laugh is the best reward.