/biz/ - Business & Finance

[Anonymous No.22106936]

BAT News. - Don't post your referral link you shill edition.

Updated MAU: 18.3 Million - Increase of 1.6 million over the course of a month.
Updated DAU: 6.1 Million

80 BAT is the maximum each user can now hold if distributed equally.

In other interesting news, SUSHI has overtaken the market cap of BAT. I don't know what SUSHI is, only that it is shilled relentlessly on here.
My BAT hands are getting weak. Don't let each other capitulate.

[Anonymous No.22106988]

FYI, that SUSHI information was lovingly provided by Camerons thread on the BAT sub chan on r*ddit.

[Anonymous No.22107160]

18.3m users is a lot. Next month is probably going to be even higher thanks to the firefox exodus. Load up.

[Anonymous No.22107261]

>>22106936
11k BAT. Will I make it?

[Anonymous No.22107334]

>>22106936
> Basically Auseless Token
zero interest. zero usage. token not needed

[Anonymous No.22107349]

>>22106936
worthless shit token only fags hold it, fuck you cameron

>>22107261
no you need a million because its only going to a dalla

[Anonymous No.22107811]

Surely anyone in the third would could do with some BAT

[Anonymous No.22107931]

>>22106936
Not gonna lie, former BAT whale here. This is fucking hilarious watching Eich crash and burn. But in all seriousness we can't let this homophobe cut into Google adsense.

[Anonymous No.22108008]

>>22107931
In all sincerity in what way would you say he is crashing and burning? The numbers are still going up at an increasing rate?

[Anonymous No.22108136]

>>22108008
It's a copypasta from pol, he just replaced Trump with Eich and changed a few things around.

[Anonymous No.22108195]

>>22106936
Weak fud in this thread. But since we're all here make sure to check out the newest BAT community podcast.
https://www.youtube.com/watch?v=6ZPhXFOm0O4&t=324s

[Anonymous No.22108574]

>>22106936

holy shit:

https://cryptonews.com/news/crypto-earnings-from-microtasks-still-taxable-in-the-us-irs-7576.htm

>earning BAT on the Brave Browser is a taxable event in the United States

hahahahahahahahahah I fucking hate our retarded boomer government. Fucking faggots literally want to tax microtransactions. Wouldn't surprise me if all this regulatory uncertainty was a huge reason the price of BAT stays so low. Big corps/businesses see BAT and think "yikes, that's a tax/regulatory nightmare"

[Anonymous No.22109357]

>>22108574
Man fuck that, who the hell is gonna bother claiming an extra $100/year? Literally not worth the extra effort. Another reason why we need default privacy like xmr.

[Anonymous No.22109725]

>>22109357
yeah it's fucking stupid, especially considering the veil was pulled this year and the government just fucking printed money like it was nothing

>>22107931
based

>>22106988
Cameron is based. His autistic love/hate obsession with BAT makes Redditniggers rage

[Anonymous No.22109893]

fuck this fucking piece of shit ive missed out on so god damn much and now im having pains in my head that i cant afford to get checked. i wish brave had never existed fuck me.

[Anonymous No.22109895]

i like bat a lot
its hilarious that stuff like this gets ignored

[Anonymous No.22110093]

BAT fucking sucks. Here's some OC from some big titty broad I used to bang

[Anonymous No.22110498]

>>22106936
> Don't post referral link
> Doesn't mention not posting a BAT meme website

Shiggy

https://www.memeatlas.com/BAT-memes.html

[Anonymous No.22110608]

Holding 300k. Any day now boys the real pump will start. $40 eoy.

[Anonymous No.22111210]

>>22109893
I know man. This is a good project that would really make the internet better. Hopefully our time comes

[Anonymous No.22111433]

>>22108574
>earning BAT on the Brave Browser is a taxable event in the United States
Uh, duh? You're being gifted crypto, it's literally a taxable asset.

[Anonymous No.22111848]

>>22111433

Do you report pennies you pick up off the ground as income too?

[Anonymous No.22112318]

>>22108574
>https://cryptonews.com/news/crypto-earnings-from-microtasks-still-taxable-in-the-us-irs-7576.htm

ngl thats pretty bearish. puts a skewer into SKU and in-browser non kyc spending

[Anonymous No.22112358]

>>22107931
>we can't let this homophobe get the referral codes

kek

[Anonymous No.22112428]

>>22107160
What happened?

[Anonymous No.22112431]

>>22111210
they have a zoom competitor and theyre silent wtf are they doing

[Anonymous No.22112474]

how do you go about getting BAT? I don't have any ads that come up.

[Anonymous No.22112520]

>>22112474
You have to enable them in the settings.

[Anonymous No.22112655]

BAT is connected to Uphold, which you can change into ETH or whatever.
(You) could literally be earning tokens right now for shitposting on /biz/ all day.

[Anonymous No.22112814]

>>22112318
So if someone receives dust from thousands of people (ie tips from a video) which amounts to say $3k, they will be taxed o. That $3k, even if the crypto is located in 1000s of utxos and taking it out would cost more than its worth? I didn't read the article but it seems unfair if that's the case. Also I only know about bitcoins block chain, do others also use utxos?

[Anonymous No.22113613]

>>22112428
Firefox had an update and normies are blowing up about it on the play store. Not sure whats so wrong with it but the rating is going down the shitter.

>>22112474
Ads are off by default. Turn them on. Live in a populated country and they will pop up.

>>22110608
based

>>22112431
Wild hey. They also have a youtube project they are working on too.

>>22109895
Insanity hey.

>>22109725
Lol i dont actually mind cameron huge respect to him getting stuck in each and every day can't knock him for that.

>>22108136
Ahh. Im behind the news.

[Anonymous No.22113998]

>>22113613
thoughts on the irs taxing micro tx's?

[Anonymous No.22114101]

>>22113998
dont know how the IRS is going to tax me not in the usa lol

[Anonymous No.22114414]

>>22113613
Its not a normal update. Firefox completely nuked their android browser. Search bar on the bottom, removed extensions, messed up tabs or something etc etc. Brave might hit 20m users next month. Even more if the mobile users also pick up the desktop version

[Anonymous No.22114458]

>>22114414
Do you know why they did those changes? Seems insane.

[Anonymous No.22114495]

>>22114458
diversity hires + woman leader

[Anonymous No.22114539]

>>22114495
the antithesis of based. Are you serious?

[Anonymous No.22114562]

>>22106936
>80 bats is the max
But you can buy more, right?
or is something big happening

[Anonymous No.22114608]

>>22106936
>Updated DAU: 6.1 Million
first off: i love brave. i love the concept of bat.

you know in my previous job i worked as IT support for a vc firm. i got to know a little about their methodology. essentially its what you already know.....if you can get $10m customers it actually doesn't even matter if your profitable or not, just having 10m active customer is worthwhile.

if you get 10m active customer AND you have built out your own advertising platform. Even better!

if you built out your own ad platform AND its getting CTR 4x industry average. ARE YOU KIDDING ME?!?!?!

There is no way, if this product was taken to a vc firm right now, it would be valued at anything less $3-5B. Realistically would be 7B or so.

So that begs the question: What the fuck is wrong here?

[Anonymous No.22114640]

>>22114562
Yeah you can buy more. Its the maximum each user could hold if commies came and stole everyones batties off each other and allocated them evenly to everyone that uses the browser. You might find that some people are holding 1m BAT, and others 3 BAT. That 80 number just demonstrates how little each person could hold if it were just to be evenly distributed.

Of note though is that BAT is one of, if not the most diluted cryptocurrency in existence already.

[Anonymous No.22114745]

>>22114608
Mate you sound like you should have those answers for us.

From what I've heard - which could all be complete bullshit - is that the price is maintained by selling adverts out of the UGP rather than market buying BAT thus changing the price?

Also they don't really do much advertising of Brave or BAT - its sort of had its own organic growth through people that know about Eich and his history. For example, the NANO cryptocurrency has 52k members of its subr*ddit. Brave only has 45k. Whens the last time you thought about or even used NANO?

Brave also building the SDK to allow publishers to implement adverts and other BAT transactions on webpages.
Brave also building the self serve ad platform so anyone can buy adverts and not have brave manually onboard each campaign
Brave is also allegedly building a youtube alternative or program that strips youtube down and builds upon it

[Anonymous No.22114906]

>>22114539
Never invest in a company with a diversity hire as the leader.

[Anonymous No.22114969]

[Anonymous No.22115060]

>>22114745
all valid points.

eich needs to hire someone with market maker abilities to lead his token initiative. its admirable that he is trying not to get the stink of being a PnD on his love-child, but the problem is now that firefox is collapsing they WILL come after Braves market. Either that or they will be end-run by google themselves.
Eich needs to realize he doesn't have 2 years of runway anymore. This needs to turn into a viable ecosystem SOON or he's going to get clipped and when the competitors show up he won't have the cash reserves to do anything once bat takes a 50% hit.

[Anonymous No.22115234]

>>22114608
I can sort of give some insight. The rebate browser extension honey was recently acquired by paypal for $5B. They had roughly 18m users at time of purchase. Brave is building something much larger. So why is $BAT so cheap right now?

Brave is a privately held company. Companies like dentsu-aegis and private investors have gone to brave begging for private equity but brave has not budged. Brave does not want to give up any control and they are going to finance brave through traditional bank loans. An IPO does not seem likely. This puts brave in a weird gray area in investing. Cryptocels know next to nothing about business and business people know next to nothing about crypto or they can't touch it. BAT appears to be sitting in a gap in the marketplace. For value investors this is one of those extremely rare assets that is not priced accordingly and would be considered a huge opportunity. Load up and wait. Once the market catches up you will be sitting on a war chest.

[Anonymous No.22115376]

>>22115234
This

[Anonymous No.22115402]

>>22115234
I will continue to hold my BAT.

However, someone needs to tap eich on the shoulder and explain that the clock is ticking now. Any day...and mark my words this is going to happen....google is going to enter this game.

Am I saying Google is going to offer a privacy browser that shields users from advertisers and from browser developers? NO.

I'm saying something much worse. Google is simply going to add crypto to pay users for watching ads into their botnet filled browser. Users have already shown they dont give a fuck about privacy. Google is going to say fuck it and interconnect all their properties via crypto, bribing their customers with $3 per month while they harvest and sell the data for $50 to advertisers.

The runway is running out and the ecosystem needs to get built ASAP. Eichs best strategic move now is to build up BAT (his warchest) into being worth a few B. this is going to be the only thing that gives him enough runway and marketing muscle once google enters the fray.

[Anonymous No.22115436]

>>22115402
This. Apply for a job at Brave. You're going places.

[Anonymous No.22115452]

Imagine buying this Herbalife scam when you could have bought FTM LMAOOO

[Anonymous No.22115461]

>>22115402
Go back to redite

[Anonymous No.22115720]

>>22115402
There is a possibility that Brave and Apple are working together on a search deal for a potential apple search engine. Entirely a rumor at this point but it would not surprise me at all if apple pulled this off. They have plenty of cash on hand and would roll this deal out to hurt google for trying to cut into their business.

Google could do something like what you are talking about but it would be a huge and risky punt. They also move extremely slow and have a graveyard with hundreds of failed projects. Its certainly a risk though.

I think brave has a few aces up their sleeve that they dont want to tell us about as well. BATsense or the copycat google display network is something we know about that could be a thorn in googles side, but I think they are working on things far more menacing.

[Anonymous No.22116534]

>>22115402
He's a smart guy. I have faith in him to follow through. What I suspect, and hope, brave will just come out swinging with heaps of utility over the next 12 months.

[Anonymous No.22116549]

>>22106936
VRA is the better coin
Same use case
100x undervalued

[Anonymous No.22116622]

>>22116549
who?

[Anonymous No.22116643]

>>22116534
This

[Anonymous No.22116806]

>>22116643
>>22115376
these

[Anonymous No.22116911]

>>22110093
UNCOVER THEM NOW

[Anonymous No.22117139]

Is this shit goes down .32 cents should I buy more?

[Anonymous No.22117210]

>>22117139
Yes, why would you ever stop buying?

[Anonymous No.22117243]

>>22117210
Jobless neet who cant go all in.

[Anonymous No.22117280]

>>22117243
Fuck that is shit! How many BAT do you have currently? You will probably never need a job again if you are holding BAT

[Anonymous No.22117322]

>>22116911
come home brendan

[Anonymous No.22117337]

>>22117280
>imagine not selling for VRA

[Anonymous No.22117345]

>>22117322
He will return once he has fulfilled his duties purging the land of Non-privacy browsers

[Anonymous No.22117358]

>>22117280
Roughly 700 BAT. Anon im not gunna go full retard and put all me chips in some browser crypto. I do plan on buying way more but only after I am no longer a jobless neet.

[Anonymous No.22117388]

>>22117358
>>22117243
>>22117139

Buy as much as you can up to $5. That's when the real fun will start.

[Anonymous No.22117457]

>>22117358
Listen to >>22117388
hes fucking redpilled as fuck

[Anonymous No.22117463]

>>22117388
but when.....

[Anonymous No.22117534]

>>22117388
I definitely do feel like this will hit over $1 but fucking when. I gotta help my ma and pops with the bills. I cant fucking pay the electric bill in BAT

[Anonymous No.22117883]

>>22117534
If you really want more BAT then get creative. Make some memes and beg for tips on leddit or find ways to get your referral out there like slipping a mailer into a laptop box at walmart or some chit. Im doing well financially and i think im about to get a second job to buy more.

[Anonymous No.22118026]

>>22117883
>make memes on leddit
Holy fuck that actually sounds viable. Every 5k upvoted post has to at least make around 5 dollars in BAT

[Anonymous No.22118109]

>>22118026
You could probably pick up some BAT on the brave and bat subreddit just off memes pretty easy. The $BAT tag on twitter might work as well.

[Anonymous No.22118126]

Actually ended up being a pretty decent BAT thread with good information.

I love this project despite the price of BAT always depressing the fuck out of me. The US regulations also scare me with regard to Brave/BAT. Hopefully this project pulls through. It would be such a huge win for crypto in general if Brave and BAT can take off. It solves so many problems with the status quo internet.

[Anonymous No.22118148]

>>22118026
post a funny meme or thread on the batproject subreddit and say that you are broke but want more bat so that you can have more for the inevitable $40 and i guarantee people will tip you. i definitely will.

[Anonymous No.22118188]

>>22115720
what other things do you think brave is working on?

[Anonymous No.22118208]

>>22118188
I wrote some here friend

>>22114745

[Anonymous No.22118263]

one last BAT bump before bed for my BAT bros

[Anonymous No.22118293]

>>22118208
imo batsense is their ace besides expanding to other apps via sdk. 10-30% of internet is adblocking. if brave can convert a few percentage of that we win. Google's strategy will be to counter with something like webbundles which is too speculative rn. if yall recall, brendan thinks this model should be worth billions.

[Anonymous No.22118410]

hope my bat bros are staking in fyv

idk maybe its not the highest yield but its comfy

[Anonymous No.22118799]

>>22118293
BATsense is pretty big because its for the most part an already existing and proven model. The main issue is the opt in rate on both sides of the system and how much it costs. My thinking is that since its rate limited, opt in, and incentivized more users will be aligned with it. On the publisher side it recovers revenue lost through adblockers and it should pay them more than the google display network. On the advertiser side they dont have to deal with things like banner blindness causing false impressions, fraudulent impressions and potentially high competition rates at onset. Secondary effects being increased brand loyalty. BATsense could cannibalize googles display network which makes up like $40B per year of googles revenue and the notification ads could take some of their search network volume because the browser looks at query data across the full spectrum. This shit is no joke.

The SKU is pretty interesting as well because it gets into the paywall/ecom side of the internet and its frictionless. You basically top up your browser wallet with $100 worth of BAT with a credit card and run the balance out on paywalls,ebooks,tips,movie rentals etc. It could create some secondary markets as well like custodial crypto interfaces or other applications.

All the stuff that isn't public knowledge is what im really curious about. Brave has randomly dropped small breadcrumbs on things like themis, the "youtube killer" and zksense which is the captcha killer that could save the hellscape the web has turned into. I really think theres something they are keeping under wraps though. Eich is literally telling people looking for private equity to get lost and is refusing to raise additional capital. He knows something we dont.

[Anonymous No.22118913]

WHAT THE FUCK IS IT DOING

[Anonymous No.22119505]

>>22106936
Kek

[Anonymous No.22119577]

>>22118799
I think eich just has a much better idea of the big picture. Pub ads should raise the brave rewards opt-in rate since it is less intrusive than popup notifications. This should be a cashcow. To add to your point, advertisers likely get better engagement but they also can now reach a previously blocked audience - yuge. I know it's being delayed due to potential privacy issues. Eich frequently talks about pushing this to be a w3c web standard and based on hints he's dropped, i think brave, safari, mozilla, samsung browser, opera will eventually implement something similar if not BAT in the future.

[Anonymous No.22119617]

>>22119577
basically the top browsers will team up and take down chrome via serving ads client side with a reward in the form of crypto

[Anonymous No.22119654]

>>22119577
Yeah given past talks it sounds like he wants to license the system out to other browsers. Im hoping brave gets to the point that people just leave all browsers to be a part of the BAT system. Browser wallets are building up pretty large stacks of cash right now and I think it could be a pretty good incentive to drive the switch.

[Anonymous No.22119872]

>>22119654
God I wish I joined up sooner. I had it ages ago but the app was buggy af on my phone so I dumped it. It’s great now but. I have like 3 bat in there now though which is fine. I’ll stack in the browser and going to hook up leddit and might make a YouTube channel for lulz. What else can I do?

[Anonymous No.22119961]

>>22119872
Still plenty of time to get a suicide stack.

[Anonymous No.22120046]

>>22119872
Building a browser stack is going to take time. Im only at 1200 BAT on my browser stack and thats not nearly enough. You can try publish0x but you barely earn any BAT.

[Anonymous No.22120126]

Dippin down. Thinking about scooping some more. How low do you think it'll go?

[Anonymous No.22120421]

>>22119961
How many is that exactly. Previously held a few hundred

[Anonymous No.22120485]

>>22120046
How long did that take? Assuming you were earning at a higher rate earlier. Loving the posts in this thread. Seems like a sure thing but you get the feeling that google or someone else may invest their cash in dev and overhaul this project before they can be fully established. Seems stubborn for the creator not to take in any investment, makes me wary that he will be too proud and make bad decisions elsewhere.

[Anonymous No.22120564]

Hello BAT bros. Anyone else joining me in delicious YFV farming? My lousy 4k BAT is bringing in a YFV per day. Granted, that's terrible when gas is $99999 per transaction so I'll only collect once a week or so rather than compulsively like I would love to do. I'm aiming to shift my other shitcoins into BAT eventually. Anyhow, anyone stake BAT somewhere else? I saw compound will pay you but idk how that works.

[Anonymous No.22120585]

>>22120485
One method I did was reading pdf books on the browser.

[Anonymous No.22120684]

>>22120585
Very cool idea. Thanks.

[Anonymous No.22120768]

>>22120485
It took about a year
>>22120564
Nope. Gas fees are way too high and its really only profitable if you sink about $10k into these defi systems. I can do it easy, but its just compounded risk. Most people are priced out also. I also imagine the yields are going to fall off and flatten out like they have in previous defi apps. Compound fees will eat you alive as well. $80 round trip for 4k BAT will put you in a hole you can never crawl out of.

[Anonymous No.22120905]

>>22120768
I started the farming just before gas got really crazy with the sushi explosion. I checked again today and it's $65 to pull rewards. I have the capital to do more, but I'm going to wait and see what happens for a bit before I go anywhere. I'll just keep using the browser and be a good bat bro, I suppose.

[Anonymous No.22121147]

>>22106936
Imagine holding BAT, a useless token, in the golden bull. Are you enjoying your 2x since 2019?

Buy ARPA.