[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 2 KB, 298x169, BAT.png [View same] [iqdb] [saucenao] [google]
25645353 No.25645353 [Reply] [Original]

You bought before the mr.beast news spreads didn't you anon?

>> No.25645563
File: 3.57 MB, 1828x1028, Screenshot 2020-12-22 at 08.18.47.png [View same] [iqdb] [saucenao] [google]
25645563

src for those that don't know:
https://twitter.com/batgrowth/status/1347020262424928256

>> No.25645582
File: 430 KB, 816x612, mexican-laughing-guy-smoking.png [View same] [iqdb] [saucenao] [google]
25645582

>>25645353
I don't think some rando youtuber will actually get this thing to pump. Realistically the price increase will come from pressure caused by advertisers that are buying up huge swaths of BAT at a single time. It will definitely help spread awareness of BAT and Brave which is great, but the price isn't going to organically pump off this news. Not to any meaningful price anyways.

>> No.25646602

>>25645582
Its all about hype. Once BAT starts moving its going to pick up more and more steam. Its sitting on a network of over 1m content creators that have more clout than 100 superbowls put together.

>> No.25646696

How are people still holding this? This shit probably has the highest opportunity cost associated with any asset in history. I finally capitulated at 3k sats after holding for years and made a good chunk back swinging alts

>> No.25646726

>>25646602
Don't get me wrong, I'm not saying that hype isn't crucial. But it's only 1 part of the equation.

>> No.25646733

>>25645582
>mr.beast
>some rando youtuber
Watch his videos. He literally gives away millions to random people. Recently, he bought some kid from Minecraft a fucking house.

>> No.25646788

>>25646733
For all we know he could be getting his creator account set up so he can start tipping out millions of dollars worth of BAT.

>> No.25646800

>>25646696
Sats are an outdated metric that bitcoin maximalists keep trying to push. This isn't 2017, the only thing that matters is dolla bills. John T. Norman doesn't care how many "sats" his BAT will be worth when he goes to cashout or tip someone, he only care's about the dollar value. Unless you're hardcore into crypto you don't even know what sats are.

>> No.25646835
File: 843 KB, 960x677, file.png [View same] [iqdb] [saucenao] [google]
25646835

>>25646733
>Watch his videos

>> No.25646843
File: 60 KB, 934x625, long-armed-bateman.jpg [View same] [iqdb] [saucenao] [google]
25646843

>>25646733
>>25646800
Fair enough, I'll check em...

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

>> No.25647110

>>25645353
I just sold few days ago for a coin that actually is having some movement, I do like the project but like this dude said >>25646696
Cost opportunity...Maybe I'll be back later for a small stack.

>> No.25647305

>>25646800
Bad take. sats are all that matter because they measure the relative performance. Also it's how almost every crypto trades. The USD chart is generally useless, although BAT is one of the few exceptions where it might as well he a stable coin. Why invest in a super risky asset class, take on all the risk, and get almost zero return? I was bagholding for years getting attached to shit. Never again, and my gains are substantially better

>> No.25647342

>>25645353
Shitcoin. One of the worst performers of the bull run.

>> No.25647418

>>25645353
Who fucking cares. Their tokenomics paper literally states that other than speculation, velocity increases price. How to you improve velocity? Through utility. How do you improve utility? By adding new features like paywall and subscription payments and making it decentralized/l2. Until bat gets more utility, we are in limbo. The hype train won't take us to the moon, we have almost 25 million users, way more than every other coin aside the top 3-5. The fact that price stays the same while users goes up means there's no strong correlation. Utility is our only hope. I have no idea what updates brave has coming but it better not be another fucking widget.

>> No.25647465

>>25645353
Oh boy can't wait for all the kiddos to spend their $10 allowance on BAT. Seriously if you think this is a price catalyst you're a retard.

>> No.25647547

>>25647305
John T norman doesnt care about sats. Do you think John T norman was looking at sats when he bought ripple in 2017? Ripple lagged hard and flipped ETH just off a CNBC segment. Brave is coming up on 25m users which is a major business milestone and has millions of content creators signed up. Lots of ways for it to go viral and if it does "opportunity cost" flips the other way. That 3x now doesnt stack up to a 40x later.

>> No.25648013

>>25647305
Interesting point.

>>25647547
That brings up another point too: with respect to investor psychology, most people are priced out of Bitcoin and ETH, even though they know they could buy a fraction of it. People like round numbers when buying assets, so with that in mind they'll start looking for lower priced token to invest their money in to. That's what positions BAT for another push upwards.

>> No.25648528

>>25648013
Its low priced so they can get lots of them, and they are available. The BAT trimark is also recognizable. Its all over brave, its in their onboarding flow, its a default tip setting on twitter,reddit. It can be found and bought in the widgets. Its all over the place. It just needs a push and its going to move.

>> No.25648574

>>25645563
Why would this matter?

>> No.25648654

I fucking hate BAT. This has to be the heaviest bag in existence of cryptocurrency.

Mr. Beast will turn out to be another Phil defranco aka does fuckall for the project and fails to pump our bags.

>> No.25649149
File: 300 KB, 535x462, dog-making-face.png [View same] [iqdb] [saucenao] [google]
25649149

>>25648654
oh boo hoo

>> No.25649389

>>25645582
>https://twitter.com/batgrowth/status/1347020262424928256
Mr Beast is one of the biggest youtube personas. He is like the Opra winfrey of the Internet.

>> No.25649453

I have 10k bat
is that even close to enough?

>> No.25649466

>>25649453
How does 2k dollars sound?

>> No.25649486

>>25649453
thats a suicide stack. you will probably want a bit more

>> No.25649528

>>25645353
who actually gives a fuck about "mr beast"

unironically a youtuber who is going to shill bat? wooo hooo! jesus christ how fucking retarded are you people

>> No.25649536

>>25649466
like nothing
>>25649486
true
100k time

>> No.25649584

>>25649453
how does 500 dollars sound?

>> No.25649615

I can guarantee you that Mr Beast doesn’t give two fucks about BAT. In all likelihood he doesn’t even know what it is; he MIGHT know what Brave is.

Whatever shmuck/management team that manages his YouTube channel was probably clued in that BAT is an additional (albeit unprofitable) revenue source that can be set up for free, and they decided “why the fuck not”. That’s all this is. This would have been enough to pump any other shitcoin, but BAT is King of all Shitcoins and absolutely fucking refuses to pump. Even a 10x pump in BAT (literally not possible) would just result in a dump of epic proportions back to 20¢.

>> No.25649758
File: 92 KB, 722x770, '.jpg [View same] [iqdb] [saucenao] [google]
25649758

>>25649615
>and absolutely fucking refuses to pump
because it has a use and isn't speculated upon

>> No.25650415

>>25649536
How does $1.8m sound?

>> No.25650595

Maybe if it dumps to 16c again

>> No.25650685

Of course I sold 4 days ago after 2 years of doing jack shit.

>> No.25651284

>>25650685
It’s still not doing jackshit, dawg. It’ll dump back to 19 cents in a month.

>>25649758
Ok. There’s no point in holding BAT though.

>> No.25651398

GUYS COVID ISNT REAL ITS A HOAX
CHECK OUT THESE NUMBERS I GOT FROM THE SAME PEOPLE WHO STORMED THE CAPITOL BUILDING YESTERDAY, ITS NOT REAL

BRAVE is the MAGA Browser

>> No.25651647
File: 156 KB, 512x512, bat-greater-one-dollar.png [View same] [iqdb] [saucenao] [google]
25651647

It's time to kill this meme.

>> No.25651704

I bought 100 dollars worth yesterday at 25 cents. I probably should have bought 1/1000000 of a buttcorn instead but YOLO

>> No.25651921

>>25651704
if you are extremely lucky that 100 in bitcone might become 200. With BAT it could be worth 16k one day.

>> No.25652063

>>25646696
Weak hands, anon. If you are worried about opportunity costs you need to be saving/investing more. Literally nothing that bad can happen if you sit on a stack of a thousand or so and hodl.